SOUTHERN TIMBER PROPERTIES

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 245604District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Nov 2008 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
211
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 Gas112009-12-30194660
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
CondensateDisposition310 bbl$22,036
GasProduction1,073,767 Mcf$4,624,569
Total$4,646,605

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 31.5704, -94.2166. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57038, -94.21664 · 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
7,778 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 7,778 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-405302362H7,778 ftNov 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 (211)

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

211 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026132189.753.15$1,233
Feb 20260563.503.75$19
Jan 202602159.138.00$168
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202504062.743.08$123
Aug 20250063.933.01$0
Jul 202508466.743.32$278
Jun 202502866.483.13$88
May 202502560.553.23$81
Apr 2025012462.363.54$439
Mar 2025011567.704.27$491
Feb 2025087370.884.34$3,790
Jan 202502074.324.28$86
Dec 2024018468.993.12$574
Nov 2024068269.052.20$1,499
Oct 20240071.372.28$0
Sep 202401,40269.612.36$3,315
Aug 2024092675.632.06$1,911
Jul 202408879.932.15$189
Jun 2024010078.082.63$263
May 202409278.812.20$202
Apr 20240784.451.66$12
Mar 202402580.301.55$39
Feb 2024030176.091.78$537
Jan 202401,04173.023.30$3,433
Dec 202301,64471.262.61$4,292
Nov 20230077.892.81$0
Oct 202301,37685.443.09$4,248
Sep 20230089.042.74$0
Aug 2023023780.522.67$633
Jul 202302,25874.852.64$5,965
Jun 202301,53968.962.26$3,476
May 202302,78170.622.23$6,194
Apr 2023010178.122.24$226
Mar 202301,61372.852.39$3,860
Feb 202301,22975.112.47$3,030
Jan 202301,67876.533.39$5,685
Dec 20220076.415.73$0
Nov 202201,24685.005.65$7,035
Oct 202201,80287.185.86$10,567
Sep 202201,49184.888.16$12,172
Aug 202202,37594.529.13$21,677
Jul 202202,509101.587.54$18,923
Jun 202201,768115.097.98$14,104
May 202201,451109.378.43$12,236
Apr 202201,700104.226.84$11,624
Mar 202202,274108.885.08$11,544
Feb 202201,67191.054.86$8,119
Jan 202202,27281.844.54$10,310
Dec 202102,32471.323.90$9,062
Nov 202102,20077.435.24$11,521
Oct 202102,34679.795.71$13,405
Sep 202102,35769.865.35$12,612
Aug 202107,92666.024.22$33,452
Jul 202103,46470.783.98$13,794
Jun 202101,25569.493.38$4,243
May 202102,67963.483.02$8,084
Apr 202102,52060.362.76$6,951
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101,84950.412.81$5,196
Dec 202001,36644.642.68$3,655
Nov 202002,24338.772.71$6,071
Oct 202002,56536.972.48$6,357
Sep 202002,15537.091.99$4,291
Aug 202002,25139.982.39$5,369
Jul 202002,30138.371.83$4,200
Jun 202002,34534.901.69$3,964
May 202001,95116.921.81$3,541
Apr 202001,58714.751.80$2,864
Mar 202001,36630.341.86$2,536
Feb 202001,39249.881.98$2,757
Jan 202001,53157.252.09$3,207
Dec 201902,37159.012.30$5,464
Nov 201901,79955.302.75$4,949
Oct 201901,62853.472.42$3,937
Sep 201902,32455.052.66$6,176
Aug 201903,75953.112.30$8,662
Jul 2019021956.272.46$539
Jun 20190052.782.49$0
May 201901,35858.482.74$3,721
Apr 201901,58562.632.75$4,360
Mar 2019045556.803.06$1,393
Feb 201901,98350.852.79$5,537
Jan 201901,63246.033.23$5,268
Dec 201802,13946.594.19$8,953
Nov 201802,49152.934.24$10,555
Oct 201801,89761.443.40$6,446
Sep 201804,93759.543.11$15,344
Aug 201802,62159.403.07$8,037
Jul 201882,35865.142.93$7,434
Jun 201802,69260.183.08$8,283
May 201802,87665.382.90$8,343
Apr 201802,89963.842.90$8,409
Mar 201803,28961.222.79$9,166
Feb 201803,15361.782.77$8,722
Jan 201803,21062.874.01$12,870
Dec 201703,56557.272.92$10,415
Nov 201703,55855.423.12$11,095
Oct 201703,71349.292.98$11,078
Sep 201703,93047.523.09$12,133
Aug 201704,08445.373.00$12,270
Jul 201704,32543.873.09$13,352
Jun 201704,30242.493.09$13,281
May 201704,72345.373.26$15,413
Apr 201705,10247.933.21$16,386
Mar 201703,84046.772.98$11,457
Feb 2017032550.452.95$960
Jan 2017030649.413.42$1,046
Dec 201601,69148.763.72$6,295
Nov 20163836942.492.64$2,590
Oct 201601,08146.193.09$3,341
Sep 201601,47341.553.10$4,567
Aug 201601,08241.442.92$3,164
Jul 201601,21741.622.92$3,559
Jun 2016076445.352.69$2,052
May 201601,51542.521.99$3,016
Apr 2016551,14836.561.99$4,297
Mar 201601,47433.011.79$2,644
Feb 2016067626.472.06$1,395
Jan 2016019427.352.36$459
Dec 201501,21732.362.00$2,436
Nov 201501,77138.792.17$3,838
Oct 201504,21243.552.43$10,221
Sep 201501,38642.992.76$3,823
Aug 2015028640.162.87$822
Jul 2015033448.152.95$984
Jun 20150056.152.88$0
May 2015014155.212.96$417
Apr 2015014249.822.71$384
Mar 2015015042.892.93$440
Feb 2015010544.662.98$313
Jan 20150043.433.10$0
Dec 2014033654.693.59$1,207
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014026986.164.05$1,088
Aug 2014040189.394.04$1,618
Jul 20140096.564.18$0
Jun 2014037998.164.74$1,795
May 2014047694.734.73$2,250
Apr 2014051795.944.81$2,486
Mar 2014083895.895.06$4,238
Feb 2014030297.406.19$1,870
Jan 201401,12290.404.86$5,454
Dec 201302,79791.824.35$12,179
Nov 201303,04388.853.74$11,376
Oct 201303,36297.423.78$12,706
Sep 201302,962104.113.72$11,012
Aug 201303,208104.253.52$11,301
Jul 201303,513102.523.72$13,060
Jun 201303,34494.403.93$13,153
May 201303,45594.834.15$14,335
Apr 201303,36993.964.28$14,428
Mar 201303,56393.623.91$13,942
Feb 201303,16091.233.42$10,807
Jan 201303,57391.603.42$12,219
Dec 201203,65986.773.42$12,514
Nov 201203,64686.953.62$13,217
Oct 201204,03989.383.40$13,731
Sep 201204,03494.672.92$11,773
Aug 201204,30392.662.91$12,514
Jul 201204,51085.133.02$13,624
Jun 201204,19379.822.52$10,562
May 201205,01991.612.49$12,489
Apr 201204,262101.652.00$8,510
Mar 201205,103105.052.22$11,339
Feb 201204,841101.102.57$12,443
Jan 201205,49598.092.73$15,024
Dec 201105,43296.873.24$17,598
Nov 2011010,57595.723.31$35,017
Oct 201108,63184.983.65$31,491
Sep 201106,86383.623.99$27,355
Aug 201107,08883.404.15$29,410
Jul 201106,44394.144.52$29,105
Jun 201107,15792.904.64$33,208
May 201107,40698.134.40$32,622
Apr 201108,275105.964.33$35,858
Mar 20111018,68296.364.06$44,958
Feb 201107,97885.644.18$33,348
Jan 201107,59686.504.59$34,856
Dec 201007,87985.734.35$34,256
Nov 201008,30880.843.80$31,532
Oct 201008,59078.103.51$30,141
Sep 201009,16472.633.98$36,468
Aug 2010010,26673.684.42$45,369
Jul 2010010,85472.554.74$51,410
Jun 2010010,92670.364.91$53,651
May 2010013,06571.124.24$55,333
Apr 2010014,70681.694.12$60,628
Mar 2010013,65978.394.39$59,945
Feb 20109514,85973.585.44$87,858
Jan 2010017,57174.365.96$104,795
Dec 2009019,23871.445.48$105,496
Nov 2009021,46574.593.75$80,526
Oct 2009028,54272.544.11$117,315
Sep 2009017,69365.543.06$54,225
Aug 2009014,48167.423.22$46,607
Jul 2009019,16461.133.46$66,394
Jun 2009023,41866.163.90$91,213
May 2009031,77754.743.93$124,749
Apr 2009035,87946.773.59$128,716
Mar 2009038,69842.144.06$157,075
Feb 2009054,42932.814.63$252,170
Jan 2009071,26335.865.37$382,754
Dec 20080127,41637.105.98$761,583
Nov 2008030,17055.496.86$206,977

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.

Mar 2026 — as filed, then multipliedworked
Condensate            13 bbl  × $ 89.75 =     $1,167
Gas                   21 Mcf  × $  3.15 =        $66

────────────────────────────────────────────────────
Month total                                   $1,233

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/245604 is the state's own key, not one this site invented.