CARDINALS GAS UNIT

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

Gas lease lease 251132District 06Field 578147002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1982-03-27
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2007-11-06.

The Commission's schedule remark for this field reads: DOCKET #06-0253202 EFF. 11-6-07.

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 Gas112011-06-27201592
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
CondensateDisposition5,194 bbl$409,876
GasProduction888,679 Mcf$5,002,255
Total$5,412,131

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 31.5992, -94.4289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59916, -94.42894 · 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
11,350 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 11,350 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-34732796511,350 ftApr 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 (218)

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

218 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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20171055.423.12$55
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201501,41842.892.93$4,161
Feb 201501,60944.662.98$4,789
Jan 201502,76743.433.10$8,579
Dec 201402,25754.693.59$8,106
Nov 201402,60070.464.25$11,055
Oct 20141642,13278.303.90$21,158
Sep 201402,89486.164.05$11,708
Aug 201402,17589.394.04$8,776
Jul 201403,76396.564.18$15,728
Jun 201403,05398.164.74$14,462
May 201401,70694.734.73$8,064
Apr 201403,00495.944.81$14,447
Mar 201402,69995.895.06$13,648
Feb 201402,16497.406.19$13,399
Jan 201403,49590.404.86$16,988
Dec 201303,89591.824.35$16,961
Nov 201303,87588.853.74$14,486
Oct 201304,29997.423.78$16,247
Sep 20131512,916104.113.72$26,562
Aug 201304,397104.253.52$15,489
Jul 201303,666102.523.72$13,629
Jun 201304,68994.403.93$18,444
May 201304,53394.834.15$18,808
Apr 201304,94293.964.28$21,165
Mar 201304,26493.623.91$16,684
Feb 201303,93391.233.42$13,451
Jan 201304,59891.603.42$15,725
Dec 201204,71386.773.42$16,119
Nov 20121924,48886.953.62$32,963
Oct 201205,22989.383.40$17,777
Sep 201205,62594.672.92$16,416
Aug 201206,44592.662.91$18,743
Jul 201204,37685.133.02$13,219
Jun 20121945,70779.822.52$29,861
May 201206,69291.612.49$16,652
Apr 201206,069101.652.00$12,119
Mar 201206,196105.052.22$13,768
Feb 20121976,729101.102.57$37,212
Jan 201206,78798.092.73$18,556
Dec 201107,01696.873.24$22,730
Nov 20112047,09595.723.31$43,020
Oct 201109,11884.983.65$33,267
Sep 201104,71083.623.99$18,773
Aug 201102,44883.404.15$10,158
Jul 201103,01994.144.52$13,638
Jun 20111954,51092.904.64$39,041
May 201103,25098.134.40$14,316
Apr 201103,330105.964.33$14,430
Mar 201103,72896.364.06$15,126
Feb 20111985,30385.644.18$39,123
Jan 201104,10386.504.59$18,828
Dec 201004,61085.734.35$20,043
Nov 201007,71980.843.80$29,296
Oct 201028,90778.103.51$31,410
Sep 20101979,09572.633.98$50,501
Aug 2010010,23473.684.42$45,228
Jul 201005,16772.554.74$24,473
Jun 20101897,52270.364.91$50,234
May 2010012,86671.124.24$54,490
Apr 20101975,27681.694.12$37,844
Mar 201006,12078.394.39$26,859
Feb 201018,67973.585.44$47,308
Jan 201009,88774.365.96$58,967
Dec 2009011,10971.445.48$60,919
Nov 20091,09314,32274.593.75$135,256
Oct 2009015,73572.544.11$64,675
Sep 2009316,34865.543.06$50,299
Aug 2009019,30867.423.22$62,143
Jul 200938020,26161.133.46$93,424
Jun 2009319,03266.163.90$74,328
May 2009020,63054.743.93$80,988
Apr 20091623,67746.773.59$85,690
Mar 20091630,46742.144.06$124,340
Feb 200956619,85632.814.63$110,563
Jan 2009035,95535.865.37$193,114
Dec 2008041,47437.105.98$247,896
Nov 2008147,51755.496.86$326,039
Oct 200819559,57875.246.92$427,070
Sep 200842751,163101.767.88$446,467
Aug 200839748,771114.228.48$459,071
Jul 20081558,553131.0811.39$668,851
Jun 2008022,742131.3313.03$296,388
May 200801,670123.1711.57$19,329
Apr 200800110.3110.45$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.

Nov 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 55.42 =        $55
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                      $55

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/251132 is the state's own key, not one this site invented.