P. RUSSELL -A-

Operated by SHEER ENERGY, LLC (P-5 772753) in the SUNSHINE (LOWER COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249382District 06Field 872374002 tax incentive programmesCondensateGasSaveExport
Value, all time
$359 k
Apr 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1982-06-26
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2010.

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 Gas112010-06-30198732
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
CondensateDisposition287 bbl$17,305
GasProduction85,112 Mcf$342,142
Total$359,447

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 32.3839, -94.7312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38390, -94.73124 · 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
12,371 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 12,371 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-18332067212,371 ftApr 2009

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 (206)

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

206 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 202306268.962.26$140
May 2023032070.622.23$713
Apr 2023032278.122.24$721
Mar 2023028972.852.39$692
Feb 2023022275.112.47$547
Jan 2023023976.533.39$810
Dec 2022032476.415.73$1,856
Nov 20220085.005.65$0
Oct 2022011487.185.86$668
Sep 2022019184.888.16$1,559
Aug 2022010394.529.13$940
Jul 2022096101.587.54$724
Jun 2022010115.097.98$80
May 2022035109.378.43$295
Apr 20220214104.226.84$1,463
Mar 20220208108.885.08$1,056
Feb 2022037591.054.86$1,822
Jan 202204681.844.54$209
Dec 2021044971.323.90$1,751
Nov 202101,03577.435.24$5,420
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 202070038.772.71$2,714
Oct 20200036.972.48$0
Sep 202001337.091.99$26
Aug 2020010039.982.39$239
Jul 2020015138.371.83$276
Jun 2020014634.901.69$247
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020013530.341.86$251
Feb 2020017249.881.98$341
Jan 2020013257.252.09$277
Dec 2019011859.012.30$272
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019028255.052.66$749
Aug 201904353.112.30$99
Jul 2019012856.272.46$315
Jun 201902052.782.49$50
May 2019010658.482.74$290
Apr 201901162.632.75$30
Mar 201902056.803.06$61
Feb 2019011050.852.79$307
Jan 201906946.033.23$223
Dec 201804346.594.19$180
Nov 201805052.934.24$212
Oct 201805461.443.40$184
Sep 201802659.543.11$81
Aug 201808059.403.07$245
Jul 2018014965.142.93$437
Jun 2018011160.183.08$342
May 2018016865.382.90$487
Apr 2018016263.842.90$470
Mar 2018022261.222.79$619
Feb 2018017261.782.77$476
Jan 2018020762.874.01$830
Dec 2017019057.272.92$555
Nov 201718655.423.12$324
Oct 2017013249.292.98$394
Sep 2017015547.523.09$479
Aug 201710115645.373.00$5,051
Jul 2017011043.873.09$340
Jun 2017015642.493.09$482
May 2017140745.373.26$1,374
Apr 2017011347.933.21$363
Mar 2017022146.772.98$659
Feb 2017010250.452.95$301
Jan 2017013049.413.42$444
Dec 2016112048.763.72$496
Nov 2016013542.492.64$357
Oct 2016119546.193.09$649
Sep 2016017341.553.10$536
Aug 2016016741.442.92$488
Jul 2016021441.622.92$626
Jun 2016235245.352.69$1,036
May 2016139942.521.99$837
Apr 2016131536.561.99$664
Mar 2016028233.011.79$506
Feb 2016032326.472.06$667
Jan 2016226827.352.36$688
Dec 2015124332.362.00$519
Nov 2015122138.792.17$518
Oct 2015128043.552.43$723
Sep 2015030642.992.76$844
Aug 2015031840.162.87$913
Jul 2015036548.152.95$1,075
Jun 2015037056.152.88$1,067
May 2015261555.212.96$1,928
Apr 2015174049.822.71$2,053
Mar 2015085042.892.93$2,495
Feb 2015062244.662.98$1,851
Jan 2015174643.433.10$2,357
Dec 201421,05154.693.59$3,884
Nov 201411,07670.464.25$4,645
Oct 2014495178.303.90$4,023
Sep 2014375286.164.05$3,301
Aug 2014397389.394.04$4,194
Jul 201411,35196.564.18$5,743
Jun 201452,02698.164.74$10,088
May 2014113,74294.734.73$18,729
Apr 2014681,38295.944.81$13,170
Mar 201403895.895.06$192
Feb 2014019497.406.19$1,201
Jan 2014019290.404.86$933
Dec 2013024091.824.35$1,045
Nov 2013019388.853.74$721
Oct 2013126097.423.78$1,080
Sep 20130102104.113.72$379
Aug 20130242104.253.52$852
Jul 20130211102.523.72$784
Jun 2013026094.403.93$1,023
May 2013025194.834.15$1,041
Apr 2013017393.964.28$741
Mar 2013030193.623.91$1,178
Feb 2013026591.233.42$906
Jan 2013059291.603.42$2,025
Dec 2012040286.773.42$1,375
Nov 2012032486.953.62$1,174
Oct 2012042089.383.40$1,428
Sep 2012042194.672.92$1,229
Aug 2012026592.662.91$771
Jul 20120085.133.02$0
Jun 2012025679.822.52$645
May 2012050891.612.49$1,264
Apr 20120372101.652.00$743
Mar 20120503105.052.22$1,118
Feb 20120523101.102.57$1,344
Jan 2012045598.092.73$1,244
Dec 201101,24696.873.24$4,037
Nov 2011041895.723.31$1,384
Oct 2011062584.983.65$2,280
Sep 2011058183.623.99$2,316
Aug 2011038883.404.15$1,610
Jul 2011093694.144.52$4,228
Jun 20110092.904.64$0
May 2011044598.134.40$1,960
Apr 20110398105.964.33$1,725
Mar 2011046896.364.06$1,899
Feb 2011084885.644.18$3,545
Jan 201101,22586.504.59$5,621
Dec 201001,12785.734.35$4,900
Nov 201001,03680.843.80$3,932
Oct 201001,47178.103.51$5,162
Sep 201001,08272.633.98$4,306
Aug 201001,05473.684.42$4,658
Jul 201001,01772.554.74$4,817
Jun 201001,12170.364.91$5,505
May 201001,42871.124.24$6,048
Apr 201001,20981.694.12$4,984
Mar 201002,22378.394.39$9,756
Feb 201002,10173.585.44$11,434
Jan 201002,91974.365.96$17,409
Dec 200904,08471.445.48$22,396
Nov 200905,26674.593.75$19,755
Oct 200908,92572.544.11$36,684
Sep 200901,77365.543.06$5,434
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                   62 Mcf  × $  2.26 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/249382 is the state's own key, not one this site invented.