SHERMAN A

Operated by ADAMAS ENERGY LLC (P-5 103913) in the ANGIE (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242003District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jul 2008 – May 2026
Value, last 12 filed months
$590
at the published price for each month
Months reported
215
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 169 leases and 169 wells, and the rule below applies to all of them.

Discovered
1981-06-16
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-11.

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 Gas112009-10-08195033
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
CondensateDisposition3 bbl$313
GasProduction253,190 Mcf$1,223,497
Total$1,223,810

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 31.7237, -94.2733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72370, -94.27333 · 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
6,935 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 6,935 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-419312861H6,935 ftJul 2008

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 (215)

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

215 months

May 2026095106.413.05$289
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502656.664.41$115
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202505666.743.32$186
Jun 20250066.483.13$0
May 2025056160.553.23$1,813
Apr 202501,10362.363.54$3,908
Mar 20250067.704.27$0
Feb 20250170.884.34$4
Jan 20250074.324.28$0
Dec 20240168.993.12$3
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024084669.612.36$2,000
Aug 20240575.632.06$10
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024047778.812.20$1,049
Apr 2024069484.451.66$1,151
Mar 202406180.301.55$94
Feb 20240076.091.78$0
Jan 2024052973.023.30$1,744
Dec 20230071.262.61$0
Nov 20230577.892.81$14
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023059180.522.67$1,580
Jul 20230474.852.64$11
Jun 20230068.962.26$0
May 20230270.622.23$4
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301475.112.47$35
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022011387.185.86$663
Sep 2022040684.888.16$3,314
Aug 2022049494.529.13$4,509
Jul 20220448101.587.54$3,379
Jun 20220583115.097.98$4,651
May 20220792109.378.43$6,679
Apr 2022011104.226.84$75
Mar 20220487108.885.08$2,472
Feb 2022056791.054.86$2,755
Jan 2022044581.844.54$2,019
Dec 2021041571.323.90$1,618
Nov 2021015077.435.24$786
Oct 2021063679.795.71$3,634
Sep 2021046269.865.35$2,472
Aug 2021049866.024.22$2,102
Jul 2021067570.783.98$2,688
Jun 2021094769.493.38$3,201
May 2021066763.483.02$2,013
Apr 2021047160.362.76$1,299
Mar 2021089261.302.72$2,424
Feb 20210957.805.55$50
Jan 2021032850.412.81$922
Dec 2020044344.642.68$1,185
Nov 2020057638.772.71$1,559
Oct 2020047836.972.48$1,185
Sep 2020061937.091.99$1,232
Aug 2020035239.982.39$840
Jul 2020048538.371.83$885
Jun 2020053234.901.69$899
May 2020061016.921.81$1,107
Apr 2020051314.751.80$926
Mar 2020057030.341.86$1,058
Feb 2020041749.881.98$826
Jan 2020041157.252.09$861
Dec 2019049959.012.30$1,150
Nov 2019058455.302.75$1,606
Oct 2019070553.472.42$1,705
Sep 2019071955.052.66$1,911
Aug 2019075553.112.30$1,740
Jul 2019071856.272.46$1,766
Jun 2019066952.782.49$1,667
May 2019074958.482.74$2,053
Apr 2019071762.632.75$1,972
Mar 2019076856.803.06$2,352
Feb 2019068750.852.79$1,918
Jan 2019075546.033.23$2,437
Dec 2018077146.594.19$3,227
Nov 2018070252.934.24$2,975
Oct 2018074361.443.40$2,525
Sep 2018064559.543.11$2,005
Aug 2018061859.403.07$1,895
Jul 2018076265.142.93$2,234
Jun 2018070660.183.08$2,172
May 2018071965.382.90$2,086
Apr 2018070863.842.90$2,054
Mar 2018050961.222.79$1,419
Feb 2018099161.782.77$2,741
Jan 2018099462.874.01$3,985
Dec 201701,01357.272.92$2,960
Nov 2017092255.423.12$2,875
Oct 201701,07049.292.98$3,193
Sep 2017058947.523.09$1,818
Aug 2017023045.373.00$691
Jul 2017080143.873.09$2,473
Jun 2017085742.493.09$2,646
May 2017086845.373.26$2,833
Apr 2017087447.933.21$2,807
Mar 2017089646.772.98$2,673
Feb 201701,56250.452.95$4,612
Jan 20170049.413.42$0
Dec 2016038548.763.72$1,433
Nov 2016065242.492.64$1,724
Oct 2016079946.193.09$2,469
Sep 2016082341.553.10$2,552
Aug 2016087641.442.92$2,562
Jul 2016083741.622.92$2,448
Jun 2016094045.352.69$2,525
May 2016059942.521.99$1,193
Apr 2016078536.561.99$1,563
Mar 2016067533.011.79$1,211
Feb 2016082626.472.06$1,705
Jan 2016076327.352.36$1,804
Dec 2015087132.362.00$1,743
Nov 2015055838.792.17$1,209
Oct 2015068443.552.43$1,660
Sep 2015066542.992.76$1,834
Aug 2015085740.162.87$2,462
Jul 2015072548.152.95$2,135
Jun 2015074156.152.88$2,136
May 2015083655.212.96$2,471
Apr 201501,03849.822.71$2,809
Mar 2015089242.892.93$2,618
Feb 2015079344.662.98$2,360
Jan 2015094643.433.10$2,933
Dec 2014091554.693.59$3,286
Nov 2014083770.464.25$3,559
Oct 2014085378.303.90$3,328
Sep 2014086886.164.05$3,511
Aug 2014068989.394.04$2,780
Jul 2014095896.564.18$4,004
Jun 2014083798.164.74$3,965
May 201401,39694.734.73$6,598
Apr 2014090395.944.81$4,343
Mar 2014088595.895.06$4,475
Feb 2014077697.406.19$4,805
Jan 201401,01790.404.86$4,943
Dec 201301,02891.824.35$4,476
Nov 201301,19588.853.74$4,467
Oct 2013096697.423.78$3,651
Sep 201301,176104.113.72$4,372
Aug 201331,212104.253.52$4,582
Jul 201301,059102.523.72$3,937
Jun 201301,00594.403.93$3,953
May 201301,13794.834.15$4,718
Apr 201301,05993.964.28$4,535
Mar 201301,16893.623.91$4,570
Feb 201309191.233.42$311
Jan 2013046891.603.42$1,601
Dec 2012075186.773.42$2,569
Nov 201201,14086.953.62$4,132
Oct 201201,26889.383.40$4,311
Sep 201201,28994.672.92$3,762
Aug 201201,23192.662.91$3,580
Jul 201201,73085.133.02$5,226
Jun 2012011879.822.52$297
May 2012063791.612.49$1,585
Apr 201201,208101.652.00$2,412
Mar 201201,627105.052.22$3,615
Feb 20120899101.102.57$2,311
Jan 201201,29698.092.73$3,543
Dec 201101,44796.873.24$4,688
Nov 201101,37195.723.31$4,540
Oct 201101,80484.983.65$6,582
Sep 2011088383.623.99$3,519
Aug 201101,21583.404.15$5,041
Jul 201101,30994.144.52$5,913
Jun 201101,46192.904.64$6,779
May 201101,63698.134.40$7,206
Apr 201101,554105.964.33$6,734
Mar 201101,60696.364.06$6,516
Feb 201101,43485.644.18$5,994
Jan 201101,84586.504.59$8,466
Dec 201001,84285.734.35$8,009
Nov 201001,74580.843.80$6,623
Oct 201002,23278.103.51$7,832
Sep 201002,21072.633.98$8,795
Aug 201002,42573.684.42$10,717
Jul 201002,29572.554.74$10,870
Jun 201002,36370.364.91$11,603
May 201002,81571.124.24$11,922
Apr 2010039281.694.12$1,616
Mar 201002,34378.394.39$10,283
Feb 201002,08673.585.44$11,353
Jan 201002,45774.365.96$14,654
Dec 200902,75771.445.48$15,119
Nov 200902,79274.593.75$10,474
Oct 200903,09472.544.11$12,717
Sep 200903,18565.543.06$9,761
Aug 200903,40667.423.22$10,962
Jul 200903,57561.133.46$12,386
Jun 200903,71066.163.90$14,450
May 200904,02054.743.93$15,782
Apr 200903,94846.773.59$14,163
Mar 200904,42842.144.06$17,973
Feb 200904,26632.814.63$19,764
Jan 200905,52135.865.37$29,653
Dec 200805,69637.105.98$34,046
Nov 200806,63555.496.86$45,518
Oct 200808,63075.246.92$59,737
Sep 2008015,520101.767.88$122,252
Aug 2008018,071114.228.48$153,297
Jul 200808,460131.0811.39$96,355

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                   95 Mcf  × $  3.05 =       $289

────────────────────────────────────────────────────
Month total                                     $289

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/242003 is the state's own key, not one this site invented.