ADAMS

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 237427District 06Field 862333002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Mar 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 Gas112008-08-14183043
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
CondensateDisposition320 bbl$12,974
GasProduction1,124,423 Mcf$4,984,985
Total$4,997,959

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 31.7565, -94.3714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75650, -94.37139 · 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
12,273 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 12,273 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-41931205512,273 ftAug 2011

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 (219)

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

219 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 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019079858.482.74$2,187
Apr 201903,35162.632.75$9,218
Mar 201903,52256.803.06$10,785
Feb 201903,79550.852.79$10,596
Jan 201903,39846.033.23$10,969
Dec 201802,88546.594.19$12,075
Nov 201803,52552.934.24$14,936
Oct 201803,79061.443.40$12,879
Sep 201803,42859.543.11$10,654
Aug 201803,86059.403.07$11,837
Jul 201803,86165.142.93$11,320
Jun 201804,02060.183.08$12,369
May 201804,28465.382.90$12,427
Apr 201803,95863.842.90$11,481
Mar 201804,22461.222.79$11,772
Feb 201803,45961.782.77$9,568
Jan 201804,19162.874.01$16,803
Dec 201703,99157.272.92$11,660
Nov 201703,72655.423.12$11,619
Oct 201703,85449.292.98$11,499
Sep 201703,81547.523.09$11,778
Aug 201704,03545.373.00$12,123
Jul 201704,10643.873.09$12,676
Jun 201704,09642.493.09$12,646
May 201704,21645.373.26$13,758
Apr 201703,73947.933.21$12,008
Mar 201704,14146.772.98$12,355
Feb 201703,94550.452.95$11,648
Jan 201704,78049.413.42$16,342
Dec 201604,14448.763.72$15,427
Nov 201603,51442.492.64$9,292
Oct 201604,44746.193.09$13,742
Sep 201604,13341.553.10$12,815
Aug 201604,79541.442.92$14,022
Jul 201604,91341.622.92$14,367
Jun 201604,95245.352.69$13,300
May 201625,10642.521.99$10,251
Apr 2016125,19536.561.99$10,782
Mar 201675,54233.011.79$10,173
Feb 201674,03526.472.06$8,512
Jan 2016115,58227.352.36$13,499
Dec 2015135,72732.362.00$11,883
Nov 2015126,40838.792.17$14,354
Oct 201563,12743.552.43$7,849
Sep 2015125,50842.992.76$15,709
Aug 201565,76240.162.87$16,792
Jul 201555,76948.152.95$17,231
Jun 201525,25556.152.88$15,262
May 201505,61655.212.96$16,598
Apr 201505,54149.822.71$14,997
Mar 201505,87342.892.93$17,236
Feb 201505,35644.662.98$15,940
Jan 201505,63543.433.10$17,472
Dec 201405,85954.693.59$21,042
Nov 201405,40670.464.25$22,985
Oct 201405,94378.303.90$23,183
Sep 201405,87986.164.05$23,783
Aug 201406,32089.394.04$25,502
Jul 201406,44296.564.18$26,925
Jun 201406,20298.164.74$29,378
May 201405,82894.734.73$27,546
Apr 201406,35995.944.81$30,581
Mar 201406,90995.895.06$34,937
Feb 201406,14597.406.19$38,050
Jan 201406,98690.404.86$33,957
Dec 201307,07591.824.35$30,808
Nov 201307,02988.853.74$26,276
Oct 201307,41197.423.78$28,009
Sep 201307,359104.113.72$27,359
Aug 201307,393104.253.52$26,043
Jul 201307,600102.523.72$28,255
Jun 201307,96194.403.93$31,314
May 201308,09294.834.15$33,574
Apr 201307,90893.964.28$33,867
Mar 201308,47993.623.91$33,177
Feb 201308,16891.233.42$27,934
Jan 201309,29291.603.42$31,778
Dec 201209,76286.773.42$33,388
Nov 201209,65786.953.62$35,006
Oct 2012010,22589.383.40$34,762
Sep 2012010,12294.672.92$29,540
Aug 2012010,99892.662.91$31,984
Jul 2012011,60085.133.02$35,041
Jun 201207,37279.822.52$18,570
May 201204,07591.612.49$10,140
Apr 201206,317101.652.00$12,614
Mar 2012010,988105.052.22$24,416
Feb 2012010,847101.102.57$27,879
Jan 2012012,94698.092.73$35,395
Dec 201103,56196.873.24$11,537
Nov 201105,66295.723.31$18,748
Oct 2011013,11284.983.65$47,840
Sep 2011014,28483.623.99$56,933
Aug 201103,18083.404.15$13,195
Jul 201101,95194.144.52$8,813
Jun 201103,07092.904.64$14,244
May 201105,60898.134.40$24,702
Apr 201109,822105.964.33$42,561
Mar 201107,89196.364.06$32,016
Feb 201108,55685.644.18$35,764
Jan 2011010,11986.504.59$46,434
Dec 2010014,21685.734.35$61,808
Nov 2010020,11380.843.80$76,335
Oct 2010019,58278.103.51$68,711
Sep 201006,21372.633.98$24,724
Aug 2010013,72073.684.42$60,634
Jul 2010018,49272.554.74$87,587
Jun 2010017,99170.364.91$88,343
May 2010018,70071.124.24$79,199
Apr 2010017,94481.694.12$73,978
Mar 2010017,97978.394.39$78,904
Feb 2010016,69273.585.44$90,844
Jan 2010018,52274.365.96$110,467
Dec 2009020,26571.445.48$111,128
Nov 2009020,96174.593.75$78,635
Oct 2009022,15172.544.11$91,046
Sep 2009021,37765.543.06$65,515
Aug 2009024,53567.423.22$78,966
Jul 2009027,32861.133.46$94,678
Jun 2009827,99666.163.90$109,574
May 20093212,43354.743.93$50,561
Apr 2009404,43246.773.59$17,771
Mar 2009456,23942.144.06$27,220
Feb 2009526,71932.814.63$32,835
Jan 2009487,24735.865.37$40,645
Dec 200807,34237.105.98$43,884
Nov 200806,86255.496.86$47,076
Oct 200805,46575.246.92$37,829
Sep 200807,161101.767.88$56,408
Aug 200807,474114.228.48$63,402
Jul 2008010,100131.0811.39$115,033
Jun 2008020,913131.3313.03$272,551
May 2008022,448123.1711.57$259,820
Apr 2008029,036110.3110.45$303,567
Mar 200805,277101.909.66$50,997

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.48 =         $0
Gas                  798 Mcf  × $  2.74 =     $2,187

────────────────────────────────────────────────────
Month total                                   $2,187

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/237427 is the state's own key, not one this site invented.