CARDINALS GAS UNIT

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

Gas lease lease 252788District 06Field 578212702 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Oct 2007 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
224
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
2001-04-30
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 05/01/2003.

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 Gas112011-11-21201590
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
CondensateDisposition637 bbl$36,012
GasProduction1,166,020 Mcf$5,924,830
Total$5,960,841

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 31.6127, -94.4236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61270, -94.42362 · 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
7,907 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 7,907 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-347326094H7,907 ftNov 2007

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 (224)

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

224 months

May 202601,424106.413.05$4,337
Apr 202601,29898.932.87$3,725
Mar 202601,53589.753.15$4,834
Feb 202602,33163.503.75$8,742
Jan 202601,62359.138.00$12,981
Dec 202501,75556.664.41$7,745
Nov 202501,66558.593.93$6,538
Oct 202501,61359.383.30$5,331
Sep 202501,39262.743.08$4,283
Aug 202501,49163.933.01$4,495
Jul 202501,40766.743.32$4,664
Jun 202501,20466.483.13$3,767
May 202501,21060.553.23$3,911
Apr 202502,02462.363.54$7,171
Mar 202502,84667.704.27$12,148
Feb 202501,64470.884.34$7,136
Jan 2025096174.324.28$4,112
Dec 202401068.993.12$31
Nov 202401,09369.052.20$2,403
Oct 202402,46871.372.28$5,631
Sep 202402,12669.612.36$5,027
Aug 202402,37175.632.06$4,893
Jul 202402,54679.932.15$5,465
Jun 202403,20978.082.63$8,452
May 2024051278.812.20$1,126
Apr 20240084.451.66$0
Mar 2024036780.301.55$567
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 20230071.262.61$0
Nov 202301,01177.892.81$2,838
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202302,41680.522.67$6,458
Jul 20230074.852.64$0
Jun 202301,93468.962.26$4,368
May 202302,42070.622.23$5,390
Apr 202302,21478.122.24$4,954
Mar 202302,35772.852.39$5,641
Feb 202303,10875.112.47$7,663
Jan 202301,42676.533.39$4,831
Dec 202204,04476.415.73$23,168
Nov 202202,31785.005.65$13,082
Oct 202202,55387.185.86$14,970
Sep 202204,60684.888.16$37,602
Aug 202201,54494.529.13$14,092
Jul 202201,870101.587.54$14,104
Jun 202203,133115.097.98$24,993
May 202202,663109.378.43$22,457
Apr 202203,143104.226.84$21,491
Mar 202203,266108.885.08$16,580
Feb 202202,82491.054.86$13,721
Jan 202204,01381.844.54$18,210
Dec 202104,61771.323.90$18,002
Nov 202104,42377.435.24$23,163
Oct 202103,20979.795.71$18,336
Sep 202102,19269.865.35$11,729
Aug 202102,06466.024.22$8,711
Jul 202102,70470.783.98$10,768
Jun 202102,69469.493.38$9,107
May 202102,18463.483.02$6,591
Apr 202103,12360.362.76$8,615
Mar 202101,84461.302.72$5,010
Feb 202102,11557.805.55$11,734
Jan 202104,46850.412.81$12,556
Dec 202004,24444.642.68$11,355
Nov 202002,74838.772.71$7,438
Oct 202002,69736.972.48$6,684
Sep 202003,16237.091.99$6,296
Aug 202003,17239.982.39$7,566
Jul 202003,78938.371.83$6,915
Jun 202003,05834.901.69$5,169
May 202002,73116.921.81$4,956
Apr 202003,22414.751.80$5,817
Mar 202003,27530.341.86$6,079
Feb 202003,54349.881.98$7,018
Jan 202003,25357.252.09$6,814
Dec 201904,31259.012.30$9,936
Nov 201902,76855.302.75$7,614
Oct 201903,67753.472.42$8,893
Sep 201903,08355.052.66$8,192
Aug 201903,25553.112.30$7,501
Jul 201904,10856.272.46$10,106
Jun 201904,23252.782.49$10,543
May 201902,55258.482.74$6,993
Apr 201903,86462.632.75$10,629
Mar 201902,41456.803.06$7,392
Feb 2019065550.852.79$1,829
Jan 2019076446.033.23$2,466
Dec 2018022446.594.19$938
Nov 201804,32952.934.24$18,343
Oct 201803,36161.443.40$11,421
Sep 201803,72359.543.11$11,571
Aug 201804,10759.403.07$12,594
Jul 201803,54265.142.93$10,385
Jun 201804,06760.183.08$12,514
May 201803,88565.382.90$11,270
Apr 201804,84863.842.90$14,063
Mar 201802,46061.222.79$6,856
Feb 201804,05861.782.77$11,225
Jan 201805,77162.874.01$23,138
Dec 201703,22957.272.92$9,434
Nov 20172412,69255.423.12$21,751
Oct 201703,95849.292.98$11,809
Sep 201701,39547.523.09$4,307
Aug 20170045.373.00$0
Jul 201703,30843.873.09$10,213
Jun 201703,25942.493.09$10,061
May 201703,71545.373.26$12,124
Apr 201704,16647.933.21$13,380
Mar 201702,70246.772.98$8,062
Feb 201703,03950.452.95$8,973
Jan 201703,89949.413.42$13,330
Dec 201603,29148.763.72$12,252
Nov 201603,61342.492.64$9,554
Oct 201603,93646.193.09$12,163
Sep 201613,68941.553.10$11,480
Aug 201603,50641.442.92$10,253
Jul 201604,14941.622.92$12,133
Jun 201603,23545.352.69$8,689
May 201603,75642.521.99$7,478
Apr 201603,72136.561.99$7,409
Mar 201604,06733.011.79$7,296
Feb 201603,70226.472.06$7,640
Jan 201604,00927.352.36$9,479
Dec 201504,01432.362.00$8,034
Nov 201504,12938.792.17$8,949
Oct 201504,88243.552.43$11,847
Sep 201503,36542.992.76$9,282
Aug 201514,13140.162.87$11,906
Jul 201503,72848.152.95$10,979
Jun 201504,85156.152.88$13,985
May 201503,68155.212.96$10,879
Apr 201503,73649.822.71$10,112
Mar 20150042.892.93$0
Feb 201503,75544.662.98$11,176
Jan 201504,35843.433.10$13,513
Dec 201405,42154.693.59$19,469
Nov 201403,61770.464.25$15,379
Oct 201404,84678.303.90$18,904
Sep 201404,00986.164.05$16,218
Aug 201404,06089.394.04$16,383
Jul 201404,80696.564.18$20,087
Jun 201404,79098.164.74$22,690
May 201403,89694.734.73$18,415
Apr 201404,18295.944.81$20,112
Mar 201404,81295.895.06$24,333
Feb 201404,31197.406.19$26,694
Jan 201404,80490.404.86$23,351
Dec 201304,71991.824.35$20,549
Nov 201304,43388.853.74$16,572
Oct 201305,16797.423.78$19,528
Sep 201304,856104.113.72$18,053
Aug 201304,703104.253.52$16,567
Jul 201305,212102.523.72$19,377
Jun 201304,28894.403.93$16,866
May 201305,20994.834.15$21,613
Apr 201304,55893.964.28$19,520
Mar 201305,06693.623.91$19,823
Feb 201304,77691.233.42$16,333
Jan 201305,03691.603.42$17,223
Dec 201204,24986.773.42$14,532
Nov 201205,87886.953.62$21,308
Oct 201205,51089.383.40$18,732
Sep 201204,83494.672.92$14,108
Aug 201205,58592.662.91$16,242
Jul 201204,83885.133.02$14,615
Jun 201205,76679.822.52$14,525
May 201205,09091.612.49$12,666
Apr 201206,776101.652.00$13,530
Mar 201204,816105.052.22$10,702
Feb 201204,463101.102.57$11,471
Jan 201205,73498.092.73$15,677
Dec 201106,09196.873.24$19,733
Nov 201106,55195.723.31$21,692
Oct 201106,72784.983.65$24,544
Sep 201109,08483.623.99$36,207
Aug 201102,68883.404.15$11,153
Jul 201106,10794.144.52$27,587
Jun 201107,69892.904.64$35,718
May 201103,94398.134.40$17,368
Apr 201107,514105.964.33$32,560
Mar 201106,58596.364.06$26,718
Feb 201104,82485.644.18$20,164
Jan 201106,94586.504.59$31,869
Dec 201007,42485.734.35$32,278
Nov 201007,32780.843.80$27,808
Oct 201008,20478.103.51$28,787
Sep 201007,51772.633.98$29,914
Aug 201006,95773.684.42$30,745
Jul 201007,96272.554.74$37,712
Jun 201007,05870.364.91$34,658
May 2010010,96871.124.24$46,452
Apr 20101875,82481.694.12$39,287
Mar 201007,39278.394.39$32,441
Feb 201008,74173.585.44$47,572
Jan 201008,54174.365.96$50,939
Dec 200908,19971.445.48$44,961
Nov 200908,89174.593.75$33,355
Oct 2009010,48472.544.11$43,092
Sep 200908,27465.543.06$25,358
Aug 200909,99967.423.22$32,182
Jul 200909,80361.133.46$33,962
Jun 200909,54266.163.90$37,166
May 2009010,93954.743.93$42,944
Apr 2009111,23846.773.59$40,363
Mar 2009011,73642.144.06$47,636
Feb 200919810,83632.814.63$56,700
Jan 2009012,90835.865.37$69,329
Dec 2008013,68237.105.98$81,779
Nov 2008013,81055.496.86$94,742
Oct 2008014,71675.246.92$101,864
Sep 2008115,311101.767.88$120,708
Aug 2008017,321114.228.48$146,934
Jul 2008020,899131.0811.39$238,028
Jun 2008019,300131.3313.03$251,530
May 2008013,249123.1711.57$153,348
Apr 2008019,611110.3110.45$205,030
Mar 2008132,066101.909.66$309,990
Feb 2008427,66992.538.77$243,043
Jan 2008236,51090.388.21$299,772
Dec 2007056,40688.337.30$411,875
Nov 20070091.677.29$0
Oct 2007024,58582.856.92$170,177

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                1,424 Mcf  × $  3.05 =     $4,337

────────────────────────────────────────────────────
Month total                                   $4,337

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/252788 is the state's own key, not one this site invented.