CASE

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

Gas lease lease 242180District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.4 M
Sep 2008 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
213
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112008-12-05186294
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
CondensateDisposition211 bbl$9,766
GasProduction4,116,621 Mcf$21,341,483
Total$21,351,249

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 31.7360, -94.3509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73599, -94.35091 · 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
12,430 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 12,430 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-41931172312,430 ftJan 2018

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 (213)

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

213 months

May 202601,383106.413.05$4,212
Apr 202602,08398.932.87$5,978
Mar 202602,66989.753.15$8,406
Feb 202602,24263.503.75$8,408
Jan 202603,08759.138.00$24,690
Dec 202501,94156.664.41$8,566
Nov 202502,36558.593.93$9,286
Oct 202502,27159.383.30$7,505
Sep 202502,31362.743.08$7,117
Aug 202502,47463.933.01$7,459
Jul 202501,73666.743.32$5,755
Jun 2025013966.483.13$435
May 202502,12760.553.23$6,875
Apr 202502,21162.363.54$7,834
Mar 202502,43767.704.27$10,402
Feb 202502,05970.884.34$8,938
Jan 202502,04974.324.28$8,767
Dec 202402,03168.993.12$6,340
Nov 202402,33169.052.20$5,125
Oct 202402,71471.372.28$6,192
Sep 202401,98969.612.36$4,703
Aug 202402,56975.632.06$5,301
Jul 202402,38379.932.15$5,115
Jun 202402,46278.082.63$6,485
May 202402,26478.812.20$4,977
Apr 202402,12884.451.66$3,531
Mar 202402,46080.301.55$3,801
Feb 202402,47876.091.78$4,420
Jan 202401,91173.023.30$6,302
Dec 202302,35471.262.61$6,146
Nov 202302,26077.892.81$6,345
Oct 202302,34085.443.09$7,224
Sep 202302,59089.042.74$7,084
Aug 202302,54180.522.67$6,792
Jul 202302,46474.852.64$6,509
Jun 202302,30468.962.26$5,204
May 202302,25470.622.23$5,021
Apr 202302,33578.122.24$5,225
Mar 202302,36372.852.39$5,655
Feb 202302,38475.112.47$5,878
Jan 202302,79076.533.39$9,452
Dec 202201,90376.415.73$10,902
Nov 202202,31685.005.65$13,077
Oct 202202,96387.185.86$17,374
Sep 202201,62184.888.16$13,233
Aug 202202,95094.529.13$26,925
Jul 202201,803101.587.54$13,598
Jun 202202,216115.097.98$17,677
May 202202,676109.378.43$22,567
Apr 20220359104.226.84$2,455
Mar 202202,676108.885.08$13,584
Feb 202202,61491.054.86$12,701
Jan 202202,58381.844.54$11,721
Dec 202101,78971.323.90$6,976
Nov 202101,80477.435.24$9,447
Oct 202102,27979.795.71$13,022
Sep 202102,36469.865.35$12,650
Aug 202102,62766.024.22$11,087
Jul 202102,56870.783.98$10,226
Jun 202102,63669.493.38$8,911
May 202102,34363.483.02$7,070
Apr 202102,59160.362.76$7,147
Mar 202102,05561.302.72$5,583
Feb 202102,04557.805.55$11,346
Jan 202102,24450.412.81$6,306
Dec 202002,31044.642.68$6,180
Nov 202002,42738.772.71$6,569
Oct 202002,51336.972.48$6,228
Sep 202002,46337.091.99$4,904
Aug 202002,61339.982.39$6,232
Jul 202002,76938.371.83$5,054
Jun 202002,68234.901.69$4,533
May 202003,21216.921.81$5,829
Apr 202002,85014.751.80$5,142
Mar 202002,40330.341.86$4,461
Feb 202003,00449.881.98$5,950
Jan 202003,62157.252.09$7,585
Dec 2019050259.012.30$1,157
Nov 201901,42655.302.75$3,923
Oct 201901,98853.472.42$4,808
Sep 201901,80655.052.66$4,799
Aug 201902,38853.112.30$5,503
Jul 201903,25856.272.46$8,015
Jun 201903,27952.782.49$8,169
May 201903,50458.482.74$9,602
Apr 201903,07162.632.75$8,447
Mar 201902,85556.803.06$8,742
Feb 201903,26750.852.79$9,122
Jan 201903,86346.033.23$12,470
Dec 201803,70146.594.19$15,490
Nov 201803,98352.934.24$16,877
Oct 201804,64961.443.40$15,798
Sep 201805,03059.543.11$15,633
Aug 201805,35959.403.07$16,434
Jul 201804,69265.142.93$13,756
Jun 201802,59960.183.08$7,997
May 2018091965.382.90$2,666
Apr 2018065563.842.90$1,900
Mar 201801,64061.222.79$4,570
Feb 2018059161.782.77$1,635
Jan 2018064862.874.01$2,598
Dec 20170457.272.92$12
Nov 20170055.423.12$0
Oct 201702449.292.98$72
Sep 201701347.523.09$40
Aug 201721245.373.00$127
Jul 2017141,67143.873.09$5,773
Jun 2017172,05142.493.09$7,054
May 2017172,73545.373.26$9,697
Apr 2017213,13247.933.21$11,065
Mar 2017233,46546.772.98$11,414
Feb 2017272,86950.452.95$9,833
Jan 2017152,71449.413.42$10,020
Dec 2016212,44448.763.72$10,123
Nov 2016132,36742.492.64$6,812
Oct 2016222,63246.193.09$9,150
Sep 2016192,65041.553.10$9,006
Aug 201602,88341.442.92$8,431
Jul 201602,60641.622.92$7,621
Jun 201602,69445.352.69$7,236
May 201602,81942.521.99$5,613
Apr 201602,80436.561.99$5,583
Mar 201603,01733.011.79$5,413
Feb 201602,85726.472.06$5,896
Jan 201603,16227.352.36$7,476
Dec 201503,22532.362.00$6,455
Nov 201503,17638.792.17$6,883
Oct 201503,49043.552.43$8,469
Sep 201503,51842.992.76$9,704
Aug 201503,79840.162.87$10,910
Jul 201503,79448.152.95$11,174
Jun 201503,62956.152.88$10,462
May 201503,85855.212.96$11,402
Apr 201503,56549.822.71$9,649
Mar 201504,23842.892.93$12,437
Feb 201503,81144.662.98$11,342
Jan 201504,76843.433.10$14,784
Dec 201402,93654.693.59$10,544
Nov 201403,41470.464.25$14,516
Oct 201405,20378.303.90$20,297
Sep 201405,39286.164.05$21,813
Aug 201405,56989.394.04$22,472
Jul 201404,99196.564.18$20,860
Jun 201404,93498.164.74$23,372
May 201405,17194.734.73$24,441
Apr 201405,63395.944.81$27,090
Mar 201405,44395.895.06$27,524
Feb 201405,93697.406.19$36,756
Jan 201405,54890.404.86$26,967
Dec 201305,41191.824.35$23,562
Nov 201305,36088.853.74$20,037
Oct 201305,17197.423.78$19,543
Sep 201305,799104.113.72$21,559
Aug 201306,440104.253.52$22,686
Jul 201304,439102.523.72$16,503
Jun 201304,63794.403.93$18,239
May 201305,99594.834.15$24,874
Apr 201306,13393.964.28$26,265
Mar 201305,62893.623.91$22,022
Feb 201306,05191.233.42$20,694
Jan 201307,35891.603.42$25,164
Dec 201208,29286.773.42$28,360
Nov 201208,38186.953.62$30,381
Oct 201209,06689.383.40$30,822
Sep 201209,56294.672.92$27,906
Aug 2012010,70492.662.91$31,129
Jul 2012010,45485.133.02$31,579
Jun 2012010,40079.822.52$26,198
May 201207,73891.612.49$19,255
Apr 2012010,520101.652.00$21,006
Mar 2012010,615105.052.22$23,587
Feb 2012012,189101.102.57$31,329
Jan 2012010,41198.092.73$28,465
Dec 2011013,24996.873.24$42,923
Nov 2011013,12995.723.31$43,474
Oct 2011014,33784.983.65$52,309
Sep 2011013,29983.623.99$53,007
Aug 2011012,31083.404.15$51,078
Jul 2011012,32494.144.52$55,670
Jun 2011014,69392.904.64$68,174
May 2011015,44698.134.40$68,037
Apr 2011015,589105.964.33$67,552
Mar 2011017,84796.364.06$72,411
Feb 2011019,47885.644.18$81,418
Jan 2011017,64686.504.59$80,974
Dec 2010014,91285.734.35$64,834
Nov 2010022,41080.843.80$85,053
Oct 2010022,20778.103.51$77,922
Sep 2010021,77172.633.98$86,637
Aug 2010025,52273.684.42$112,791
Jul 2010026,14872.554.74$123,850
Jun 2010016,31870.364.91$80,128
May 2010019,08571.124.24$80,829
Apr 2010027,88581.694.12$114,961
Mar 2010032,86578.394.39$144,234
Feb 2010030,91073.585.44$168,223
Jan 2010036,31774.365.96$216,598
Dec 2009042,35271.445.48$232,248
Nov 2009044,89774.593.75$168,431
Oct 2009052,05872.544.11$213,971
Sep 2009059,19365.543.06$181,412
Aug 2009068,83367.423.22$221,539
Jul 2009079,43661.133.46$275,206
Jun 2009076,68566.163.90$298,688
May 20090100,49554.743.93$394,518
Apr 20090129,10946.773.59$463,179
Mar 20090174,35442.144.06$707,703
Feb 20090190,66032.814.63$883,328
Jan 20090307,76335.865.37$1,652,995
Dec 20080436,30537.105.98$2,607,856
Nov 20080558,87955.496.86$3,834,111
Oct 20080648,04975.246.92$4,485,782
Sep 2008083,587101.767.88$658,422

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                1,383 Mcf  × $  3.05 =     $4,212

────────────────────────────────────────────────────
Month total                                   $4,212

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/242180 is the state's own key, not one this site invented.