P. RUSSELL

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 249530District 06Field 872374002 tax incentive programmesCondensateGasSaveExport
Value, all time
$385 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 Gas112010-06-30198731
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
CondensateDisposition1 bbl$78
GasProduction92,324 Mcf$384,451
Total$384,529

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 32.3755, -94.7241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37555, -94.72408 · 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
12,323 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 12,323 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-18332060112,323 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 202302168.962.26$47
May 2023011970.622.23$265
Apr 2023011378.122.24$253
Mar 202305172.852.39$122
Feb 2023010775.112.47$264
Jan 2023019876.533.39$671
Dec 2022036576.415.73$2,091
Nov 20220085.005.65$0
Oct 2022018087.185.86$1,055
Sep 2022013684.888.16$1,110
Aug 2022022294.529.13$2,026
Jul 2022065101.587.54$490
Jun 2022025115.097.98$199
May 2022060109.378.43$506
Apr 2022033104.226.84$226
Mar 20220170108.885.08$863
Feb 2022010691.054.86$515
Jan 2022018481.844.54$835
Dec 2021043271.323.90$1,684
Nov 2021053377.435.24$2,791
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 202001837.091.99$36
Aug 202007539.982.39$179
Jul 2020015738.371.83$287
Jun 2020015034.901.69$254
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202004030.341.86$74
Feb 2020014649.881.98$289
Jan 2020028657.252.09$599
Dec 2019011859.012.30$272
Nov 20190055.302.75$0
Oct 201901953.472.42$46
Sep 2019022455.052.66$595
Aug 201902853.112.30$65
Jul 2019014156.272.46$347
Jun 20190052.782.49$0
May 201907758.482.74$211
Apr 201904162.632.75$113
Mar 201906056.803.06$184
Feb 2019027650.852.79$771
Jan 2019013046.033.23$420
Dec 2018013546.594.19$565
Nov 201807052.934.24$297
Oct 201806461.443.40$217
Sep 201803559.543.11$109
Aug 2018012659.403.07$386
Jul 201809465.142.93$276
Jun 2018015560.183.08$477
May 2018016265.382.90$470
Apr 2018012163.842.90$351
Mar 2018015561.222.79$432
Feb 201809961.782.77$274
Jan 2018015262.874.01$609
Dec 2017013057.272.92$380
Nov 201704655.423.12$143
Oct 2017010349.292.98$307
Sep 2017013447.523.09$414
Aug 2017011845.373.00$355
Jul 2017013643.873.09$420
Jun 2017012842.493.09$395
May 2017015845.373.26$516
Apr 2017010547.933.21$337
Mar 2017012946.772.98$385
Feb 2017018050.452.95$531
Jan 201708449.413.42$287
Dec 201604848.763.72$179
Nov 2016013742.492.64$362
Oct 2016016346.193.09$504
Sep 20160341.553.10$9
Aug 2016013841.442.92$404
Jul 2016012541.622.92$366
Jun 2016019945.352.69$534
May 2016021742.521.99$432
Apr 2016014936.561.99$297
Mar 2016012733.011.79$228
Feb 201608226.472.06$169
Jan 2016012327.352.36$291
Dec 201509432.362.00$188
Nov 201509838.792.17$212
Oct 2015011043.552.43$267
Sep 2015011042.992.76$303
Aug 2015014540.162.87$417
Jul 201501048.152.95$29
Jun 2015014956.152.88$430
May 2015037455.212.96$1,105
Apr 201508249.822.71$222
Mar 2015036242.892.93$1,062
Feb 2015022844.662.98$679
Jan 2015031643.433.10$980
Dec 2014020454.693.59$733
Nov 2014034770.464.25$1,475
Oct 201411378.303.90$129
Sep 2014033486.164.05$1,351
Aug 2014018689.394.04$751
Jul 2014028296.564.18$1,179
Jun 2014021998.164.74$1,037
May 2014028594.734.73$1,347
Apr 2014047295.944.81$2,270
Mar 201406995.895.06$349
Feb 2014015997.406.19$985
Jan 2014024490.404.86$1,186
Dec 201309591.824.35$414
Nov 2013017288.853.74$643
Oct 2013031597.423.78$1,191
Sep 20130132104.113.72$491
Aug 2013094104.253.52$331
Jul 20130199102.523.72$740
Jun 2013029194.403.93$1,145
May 2013035494.834.15$1,469
Apr 2013035793.964.28$1,529
Mar 2013017093.623.91$665
Feb 2013044891.233.42$1,532
Jan 2013027491.603.42$937
Dec 2012039486.773.42$1,348
Nov 2012038386.953.62$1,388
Oct 2012038789.383.40$1,316
Sep 2012045194.672.92$1,316
Aug 2012076192.662.91$2,213
Jul 20120085.133.02$0
Jun 2012015879.822.52$398
May 2012064291.612.49$1,598
Apr 20120372101.652.00$743
Mar 20120480105.052.22$1,067
Feb 20120417101.102.57$1,072
Jan 201201,01898.092.73$2,783
Dec 2011083496.873.24$2,702
Nov 2011046195.723.31$1,527
Oct 2011087884.983.65$3,203
Sep 2011071983.623.99$2,866
Aug 2011079883.404.15$3,311
Jul 2011082994.144.52$3,745
Jun 2011060692.904.64$2,812
May 2011086198.134.40$3,793
Apr 20110767105.964.33$3,324
Mar 201101,28196.364.06$5,197
Feb 201101,18185.644.18$4,937
Jan 201102,03386.504.59$9,329
Dec 201001,52185.734.35$6,613
Nov 201001,35880.843.80$5,154
Oct 201001,67678.103.51$5,881
Sep 201001,99772.633.98$7,947
Aug 201001,85573.684.42$8,198
Jul 201003,04272.554.74$14,408
Jun 201003,45270.364.91$16,951
May 201003,27871.124.24$13,883
Apr 201003,43481.694.12$14,157
Mar 201001,94278.394.39$8,523
Feb 201002,91673.585.44$15,870
Jan 201003,83974.365.96$22,896
Dec 200904,69871.445.48$25,763
Nov 200906,59074.593.75$24,722
Oct 2009016,16472.544.11$66,438
Sep 2009062265.543.06$1,906
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                   21 Mcf  × $  2.26 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/249530 is the state's own key, not one this site invented.