MCSWAIN

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the STOCKMAN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229692District 06Field 862333002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$711
at the published price for each month
Months reported
228
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 102 leases and 102 wells, and the rule below applies to all of them.

Discovered
1976-10-13
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FROM OCTOBER TO DECEMBER.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-10-18176329
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition34 bbl$1,854
GasProduction2,334,258 Mcf$18,053,510
Total$18,055,364

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.7332, -94.3205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73320, -94.32047 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,266 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,266 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-41931126212,266 ftJun 2007

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (228)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

228 months

May 2026041106.413.05$125
Apr 202604498.932.87$126
Mar 20260089.753.15$0
Feb 202603563.503.75$131
Jan 202601359.138.00$104
Dec 202505156.664.41$225
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202504360.553.23$139
Apr 20250262.363.54$7
Mar 20250067.704.27$0
Feb 202504670.884.34$200
Jan 20250074.324.28$0
Dec 202401968.993.12$59
Nov 202403169.052.20$68
Oct 202405671.372.28$128
Sep 20240069.612.36$0
Aug 202403375.632.06$68
Jul 20240079.932.15$0
Jun 202401078.082.63$26
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240180.301.55$2
Feb 20240576.091.78$9
Jan 20240573.023.30$16
Dec 202304271.262.61$110
Nov 202307877.892.81$219
Oct 202307785.443.09$238
Sep 202307889.042.74$213
Aug 2023013180.522.67$350
Jul 202307774.852.64$203
Jun 2023017568.962.26$395
May 2023011770.622.23$261
Apr 2023010078.122.24$224
Mar 2023014772.852.39$352
Feb 202307175.112.47$175
Jan 2023012176.533.39$410
Dec 202208476.415.73$481
Nov 202208485.005.65$474
Oct 202208887.185.86$516
Sep 2022010484.888.16$849
Aug 202208694.529.13$785
Jul 20220150101.587.54$1,131
Jun 2022095115.097.98$758
May 2022035109.378.43$295
Apr 2022022104.226.84$150
Mar 2022058108.885.08$294
Feb 2022011191.054.86$539
Jan 2022011081.844.54$499
Dec 2021012371.323.90$480
Nov 2021017377.435.24$906
Oct 202103679.795.71$206
Sep 2021012369.865.35$658
Aug 202108566.024.22$359
Jul 202108070.783.98$319
Jun 2021023169.493.38$781
May 2021023563.483.02$709
Apr 2021027860.362.76$767
Mar 2021025561.302.72$693
Feb 202109257.805.55$510
Jan 2021017950.412.81$503
Dec 2020026544.642.68$709
Nov 2020020738.772.71$560
Oct 202007836.972.48$193
Sep 2020012237.091.99$243
Aug 2020033739.982.39$804
Jul 202004938.371.83$89
Jun 2020018934.901.69$319
May 2020023316.921.81$423
Apr 202007914.751.80$143
Mar 2020027830.341.86$516
Feb 202002249.881.98$44
Jan 2020029757.252.09$622
Dec 201903759.012.30$85
Nov 2019015455.302.75$424
Oct 2019046253.472.42$1,117
Sep 2019026255.052.66$696
Aug 2019011653.112.30$267
Jul 2019431056.272.46$988
Jun 2019324652.782.49$771
May 2019225058.482.74$802
Apr 2019245362.632.75$1,371
Mar 2019011156.803.06$340
Feb 2019110450.852.79$341
Jan 2019113146.033.23$469
Dec 2018129446.594.19$1,277
Nov 2018111352.934.24$532
Oct 2018128461.443.40$1,026
Sep 2018118859.543.11$644
Aug 2018226159.403.07$919
Jul 2018118065.142.93$593
Jun 2018012560.183.08$385
May 2018019365.382.90$560
Apr 2018127063.842.90$847
Mar 2018128161.222.79$844
Feb 2018221361.782.77$713
Jan 2018027662.874.01$1,107
Dec 2017110957.272.92$376
Nov 201716455.423.12$255
Oct 2017113849.292.98$461
Sep 201716447.523.09$245
Aug 2017415245.373.00$638
Jul 2017017643.873.09$543
Jun 2017122842.493.09$746
May 2017113845.373.26$496
Apr 2017019547.933.21$626
Mar 2017022646.772.98$674
Feb 2017028050.452.95$827
Jan 2017033449.413.42$1,142
Dec 2016014848.763.72$551
Nov 2016013642.492.64$360
Oct 2016025946.193.09$800
Sep 2016012941.553.10$400
Aug 2016026541.442.92$775
Jul 2016035941.622.92$1,050
Jun 2016043745.352.69$1,174
May 2016020442.521.99$406
Apr 2016030136.561.99$599
Mar 2016042933.011.79$770
Feb 2016052126.472.06$1,075
Jan 2016065127.352.36$1,539
Dec 2015098232.362.00$1,965
Nov 2015076238.792.17$1,652
Oct 2015048843.552.43$1,184
Sep 2015041942.992.76$1,156
Aug 2015036640.162.87$1,051
Jul 2015023848.152.95$701
Jun 2015025356.152.88$729
May 2015026855.212.96$792
Apr 2015017149.822.71$463
Mar 201504842.892.93$141
Feb 2015018644.662.98$554
Jan 201508843.433.10$273
Dec 2014018354.693.59$657
Nov 2014033770.464.25$1,433
Oct 201402578.303.90$98
Sep 2014023586.164.05$951
Aug 2014019989.394.04$803
Jul 2014028396.564.18$1,183
Jun 2014013198.164.74$621
May 201409194.734.73$430
Apr 2014013995.944.81$668
Mar 2014017895.895.06$900
Feb 2014033397.406.19$2,062
Jan 2014023490.404.86$1,137
Dec 2013039091.824.35$1,698
Nov 201304588.853.74$168
Oct 2013014397.423.78$540
Sep 20130195104.113.72$725
Aug 20130370104.253.52$1,303
Jul 20130462102.523.72$1,718
Jun 2013062094.403.93$2,439
May 2013081594.834.15$3,382
Apr 2013074093.964.28$3,169
Mar 2013087193.623.91$3,408
Feb 2013098091.233.42$3,352
Jan 201301,15191.603.42$3,936
Dec 201201,33186.773.42$4,552
Nov 201201,16186.953.62$4,209
Oct 201201,41189.383.40$4,797
Sep 201201,55094.672.92$4,524
Aug 201201,82092.662.91$5,293
Jul 201202,08785.133.02$6,304
Jun 201202,22379.822.52$5,600
May 201202,40791.612.49$5,989
Apr 201202,692101.652.00$5,375
Mar 201202,862105.052.22$6,360
Feb 201201,499101.102.57$3,853
Jan 201202,02498.092.73$5,534
Dec 201102,56896.873.24$8,320
Nov 201103,13595.723.31$10,381
Oct 201102,90584.983.65$10,599
Sep 201102,72983.623.99$10,877
Aug 201102,23183.404.15$9,257
Jul 201102,24794.144.52$10,150
Jun 201102,64092.904.64$12,249
May 201101,60798.134.40$7,079
Apr 201101,316105.964.33$5,703
Mar 201101,99496.364.06$8,090
Feb 201101,96985.644.18$8,230
Jan 201102,45686.504.59$11,270
Dec 201002,25685.734.35$9,809
Nov 201002,83880.843.80$10,771
Oct 201003,27678.103.51$11,495
Sep 201003,78172.633.98$15,046
Aug 201004,21373.684.42$18,619
Jul 201004,04672.554.74$19,164
Jun 201005,10770.364.91$25,077
May 201005,95871.124.24$25,233
Apr 201006,03281.694.12$24,868
Mar 201006,72878.394.39$29,527
Feb 201006,61273.585.44$35,985
Jan 201008,80074.365.96$52,484
Dec 200909,44771.445.48$51,805
Nov 200908,92874.593.75$33,493
Oct 2009013,61272.544.11$55,949
Sep 2009017,09665.543.06$52,395
Aug 2009022,00167.423.22$70,810
Jul 2009014,53461.133.46$50,353
Jun 20090066.163.90$0
May 2009014,36554.743.93$56,393
Apr 2009016,75546.773.59$60,109
Mar 2009024,62142.144.06$99,937
Feb 2009027,40732.814.63$126,977
Jan 2009055,85935.865.37$300,019
Dec 2008070,36537.105.98$420,581
Nov 2008076,02755.496.86$521,573
Oct 20080100,42175.246.92$695,112
Sep 2008089,337101.767.88$703,716
Aug 20080115,592114.228.48$980,569
Jul 20080120,260131.0811.39$1,369,693
Jun 2008096,181131.3313.03$1,253,491
May 20080119,223123.1711.57$1,379,922
Apr 20080114,057110.3110.45$1,192,450
Mar 20080124,830101.909.66$1,206,366
Feb 20080133,90592.538.77$1,174,425
Jan 20080154,45790.388.21$1,267,432
Dec 2007073,34088.337.30$535,526
Nov 2007032,93291.677.29$240,130
Oct 20070127,38582.856.92$881,756
Sep 20070129,50675.846.24$808,656
Aug 20070139,49769.066.39$891,098
Jul 20070101,16370.906.39$646,223
Jun 2007049,24662.007.55$371,731

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   41 Mcf  × $  3.05 =       $125

────────────────────────────────────────────────────
Month total                                     $125

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/229692 is the state's own key, not one this site invented.