ADAMS, T. C. NCT-1

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 253747District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jul 2009 – Nov 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112010-01-27196667
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
CondensateDisposition6 bbl$526
GasProduction1,321,843 Mcf$5,241,302
Total$5,241,828

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 32.2921, -94.0644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29215, -94.06438 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,791 ft
1 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,791 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653676464H10,791 ftJul 2009Nov 2019Yes

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 (125)

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

125 months

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 20170055.423.12$0
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201412,15570.464.25$9,233
Oct 201415,22178.303.90$20,445
Sep 201405,60486.164.05$22,671
Aug 201418,34489.394.04$33,758
Jul 201408,13596.564.18$34,001
Jun 201401,18998.164.74$5,632
May 201401,29694.734.73$6,126
Apr 201423,91295.944.81$19,005
Mar 201416,74695.895.06$34,209
Feb 201405,80897.406.19$35,963
Jan 201405,33090.404.86$25,908
Dec 201305,78991.824.35$25,208
Nov 201304,28488.853.74$16,015
Oct 201305,70797.423.78$21,569
Sep 201305,559104.113.72$20,667
Aug 201305,434104.253.52$19,142
Jul 201305,619102.523.72$20,890
Jun 201306,13494.403.93$24,128
May 201305,72594.834.15$23,753
Apr 201306,22093.964.28$26,638
Mar 201307,47093.623.91$29,229
Feb 201306,75391.233.42$23,095
Jan 201307,70791.603.42$26,357
Dec 201208,19786.773.42$28,035
Nov 201208,41686.953.62$30,508
Oct 201209,39089.383.40$31,923
Sep 201209,23394.672.92$26,946
Aug 201209,90992.662.91$28,817
Jul 201209,58285.133.02$28,945
Jun 201207,76579.822.52$19,560
May 201205,80091.612.49$14,432
Apr 201208,128101.652.00$16,230
Mar 2012011,096105.052.22$24,656
Feb 201209,991101.102.57$25,679
Jan 2012012,22898.092.73$33,432
Dec 2011012,14396.873.24$39,340
Nov 2011010,43895.723.31$34,563
Oct 2011013,13384.983.65$47,916
Sep 2011013,00283.623.99$51,823
Aug 2011014,26383.404.15$59,182
Jul 2011020,91694.144.52$94,483
Jun 2011010,41692.904.64$48,329
May 20110098.134.40$0
Apr 2011012,139105.964.33$52,602
Mar 2011017,07296.364.06$69,267
Feb 2011015,66885.644.18$65,492
Jan 2011018,86686.504.59$86,572
Dec 2010020,18085.734.35$87,738
Nov 2010020,73680.843.80$78,700
Oct 2010021,32578.103.51$74,827
Sep 2010021,36872.633.98$85,033
Aug 2010025,94673.684.42$114,665
Jul 2010028,64972.554.74$135,696
Jun 2010030,02070.364.91$147,410
May 2010033,36571.124.24$141,308
Apr 2010036,45681.694.12$150,297
Mar 2010032,00078.394.39$140,437
Feb 2010041,18573.585.44$224,144
Jan 2010051,90874.365.96$309,584
Dec 2009060,13271.445.48$329,749
Nov 2009063,74874.593.75$239,151
Oct 2009079,32572.544.11$326,046
Sep 20090101,64365.543.06$311,510
Aug 20090151,83267.423.22$488,671
Jul 20090108,09361.133.46$374,488

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 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 70.46 =        $70
Gas                2,155 Mcf  × $  4.25 =     $9,163

────────────────────────────────────────────────────
Month total                                   $9,233

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/253747 is the state's own key, not one this site invented.