GLADNEY GAS UNIT

Operated by CRATON OPERATING LLC (P-5 186717) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 237412District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112008-12-09187505
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
CondensateDisposition964 bbl$78,895
GasProduction1,063,311 Mcf$5,544,697
Total$5,623,593

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 32.3291, -94.6170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32911, -94.61695 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,400 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
1100.0%
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.
00.0%

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 7,400 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-40134633117,400 ftOct 2022Yes

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 (217)

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

217 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022137084.888.16$3,105
Aug 2022055194.529.13$5,029
Jul 20220633101.587.54$4,774
Jun 20220797115.097.98$6,358
May 20220675109.378.43$5,692
Apr 20220517104.226.84$3,535
Mar 20220690108.885.08$3,503
Feb 2022064891.054.86$3,149
Jan 2022068381.844.54$3,099
Dec 2021069271.323.90$2,698
Nov 2021076177.435.24$3,985
Oct 2021068379.795.71$3,903
Sep 2021073969.865.35$3,954
Aug 2021080166.024.22$3,381
Jul 2021083070.783.98$3,305
Jun 2021087169.493.38$2,945
May 2021083963.483.02$2,532
Apr 2021079260.362.76$2,185
Mar 2021074661.302.72$2,027
Feb 2021072457.805.55$4,017
Jan 2021082050.412.81$2,304
Dec 2020087244.642.68$2,333
Nov 2020096238.772.71$2,604
Oct 202011,00036.972.48$2,515
Sep 2020093637.091.99$1,864
Aug 2020097539.982.39$2,325
Jul 2020094138.371.83$1,717
Jun 2020092234.901.69$1,558
May 202011,00516.921.81$1,841
Apr 2020289814.751.80$1,650
Mar 2020297330.341.86$1,867
Feb 2020090649.881.98$1,794
Jan 202002,28557.252.09$4,786
Dec 201902,20759.012.30$5,086
Nov 201901,63155.302.75$4,486
Oct 201901,23453.472.42$2,984
Sep 201901,57155.052.66$4,175
Aug 201901,14153.112.30$2,629
Jul 201901,54856.272.46$3,808
Jun 201901,85952.782.49$4,631
May 201901,49058.482.74$4,083
Apr 201901,85662.632.75$5,105
Mar 201902,99756.803.06$9,177
Feb 201902,60950.852.79$7,285
Jan 201901,63046.033.23$5,262
Dec 201801,68746.594.19$7,061
Nov 201802,07552.934.24$8,792
Oct 201802,91261.443.40$9,895
Sep 201802,52859.543.11$7,857
Aug 201801,90759.403.07$5,848
Jul 201802,63565.142.93$7,726
Jun 201802,58960.183.08$7,966
May 201801,98965.382.90$5,770
Apr 201801,39763.842.90$4,052
Mar 201802,39161.222.79$6,663
Feb 201802,42061.782.77$6,694
Jan 201802,25162.874.01$9,025
Dec 201702,43957.272.92$7,126
Nov 201702,08455.423.12$6,499
Oct 201701,54249.292.98$4,601
Sep 201701,49647.523.09$4,619
Aug 201701,43545.373.00$4,311
Jul 201701,22543.873.09$3,782
Jun 201701,48042.493.09$4,569
May 201702,32945.373.26$7,600
Apr 201702,32347.933.21$7,461
Mar 201704,43146.772.98$13,221
Feb 201702,79050.452.95$8,238
Jan 201702,18749.413.42$7,477
Dec 201602,39248.763.72$8,905
Nov 201602,67242.492.64$7,066
Oct 201603,23646.193.09$10,000
Sep 201602,78041.553.10$8,620
Aug 201603,12241.442.92$9,130
Jul 201603,36841.622.92$9,849
Jun 201603,13945.352.69$8,431
May 201603,04342.521.99$6,059
Apr 201604,59936.561.99$9,157
Mar 201604,12433.011.79$7,399
Feb 201603,63726.472.06$7,505
Jan 201644,34827.352.36$10,390
Dec 201544,59032.362.00$9,316
Nov 201513,93738.792.17$8,572
Oct 201514,11943.552.43$10,039
Sep 201514,18942.992.76$11,598
Aug 201514,49140.162.87$12,941
Jul 201514,67048.152.95$13,802
Jun 201514,77056.152.88$13,807
May 201534,96555.212.96$14,839
Apr 201524,85049.822.71$13,227
Mar 201504,92942.892.93$14,465
Feb 201524,59944.662.98$13,777
Jan 201515,01343.433.10$15,587
Dec 201435,07954.693.59$18,405
Nov 201424,92970.464.25$21,098
Oct 201415,34478.303.90$20,925
Sep 201415,10186.164.05$20,722
Aug 201425,43789.394.04$22,118
Jul 201415,29196.564.18$22,211
Jun 201425,22498.164.74$24,942
May 201425,51894.734.73$26,271
Apr 201425,31595.944.81$25,752
Mar 201425,54995.895.06$28,252
Feb 201425,08097.406.19$31,650
Jan 201415,67690.404.86$27,680
Dec 201315,79491.824.35$25,322
Nov 201315,68188.853.74$21,326
Oct 201315,78597.423.78$21,961
Sep 201315,627104.113.72$21,024
Aug 201306,045104.253.52$21,294
Jul 201326,211102.523.72$23,296
Jun 201325,72294.403.93$22,696
May 201315,75694.834.15$23,977
Apr 201305,59093.964.28$23,940
Mar 201326,21093.623.91$24,486
Feb 201315,73591.233.42$19,704
Jan 2013716,49791.603.42$28,723
Dec 201216,50586.773.42$22,335
Nov 201216,27686.953.62$22,837
Oct 201206,16089.383.40$20,942
Sep 201216,21494.672.92$18,230
Aug 201216,75792.662.91$19,743
Jul 201216,90485.133.02$20,941
Jun 201206,84179.822.52$17,233
May 2012877,18291.612.49$25,841
Apr 201257,376101.652.00$15,237
Mar 201207,622105.052.22$16,937
Feb 201237,472101.102.57$19,508
Jan 201208,06298.092.73$22,042
Dec 201108,24696.873.24$26,715
Nov 201108,00895.723.31$26,517
Oct 201108,25384.983.65$30,111
Sep 201108,44983.623.99$33,676
Aug 201108,52783.404.15$35,381
Jul 201109,18294.144.52$41,477
Jun 201108,65192.904.64$40,140
May 201108,89798.134.40$39,190
Apr 20111808,588105.964.33$56,287
Mar 201109,30196.364.06$37,737
Feb 201108,60585.644.18$35,969
Jan 201109,38186.504.59$43,047
Dec 201009,66085.734.35$41,999
Nov 201009,32180.843.80$35,376
Oct 201009,96478.103.51$34,963
Sep 2010010,40172.633.98$41,390
Aug 2010010,53073.684.42$46,536
Jul 201009,69172.554.74$45,901
Jun 201009,80970.364.91$48,166
May 2010010,28171.124.24$43,542
Apr 2010010,16981.694.12$41,924
Mar 2010010,90478.394.39$47,854
Feb 201009,75173.585.44$53,068
Jan 2010011,39374.365.96$67,949
Dec 200918711,05871.445.48$73,999
Nov 2009011,49974.593.75$43,139
Oct 2009012,18772.544.11$50,092
Sep 2009012,43165.543.06$38,098
Aug 2009013,03867.423.22$41,963
Jul 2009013,39261.133.46$46,397
Jun 2009013,64366.163.90$53,139
May 2009014,67754.743.93$57,618
Apr 200918915,20746.773.59$63,395
Mar 2009016,49342.144.06$66,945
Feb 2009015,03332.814.63$69,648
Jan 2009018,68535.865.37$100,357
Dec 2008019,03337.105.98$113,763
Nov 2008020,39555.496.86$139,917
Oct 2008022,82775.246.92$158,008
Sep 200817525,250101.767.88$216,705
Aug 2008030,163114.228.48$255,873
Jul 2008035,577131.0811.39$405,202
Jun 2008044,328131.3313.03$577,710
May 2008057,432123.1711.57$664,735

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.

Sep 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 84.88 =        $85
Gas                  370 Mcf  × $  8.16 =     $3,021

────────────────────────────────────────────────────
Month total                                   $3,105

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/237412 is the state's own key, not one this site invented.