METS 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 254594District 06Field 578147002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
May 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
205
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 Gas112011-06-27201580
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
CondensateDisposition1,302 bbl$100,747
GasProduction863,969 Mcf$2,990,947
Total$3,091,694

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 31.6216, -94.4494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62160, -94.44944 · 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
10,600 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 10,600 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-34733034110,600 ftMay 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 (205)

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

205 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 2024021071.372.28$479
Sep 2024024469.612.36$577
Aug 2024051175.632.06$1,055
Jul 2024023079.932.15$494
Jun 2024020178.082.63$529
May 2024012578.812.20$275
Apr 20240084.451.66$0
Mar 202401880.301.55$28
Feb 2024091976.091.78$1,639
Jan 202401,30373.023.30$4,297
Dec 202301,28971.262.61$3,365
Nov 202301,15577.892.81$3,243
Oct 202301,07685.443.09$3,322
Sep 202301,14289.042.74$3,123
Aug 202301,32980.522.67$3,552
Jul 2023019474.852.64$513
Jun 20230068.962.26$0
May 2023059670.622.23$1,328
Apr 202301,20778.122.24$2,701
Mar 202301,22372.852.39$2,927
Feb 202301,33075.112.47$3,279
Jan 202301,26776.533.39$4,292
Dec 202201,30176.415.73$7,454
Nov 202201,27085.005.65$7,171
Oct 202201,22187.185.86$7,160
Sep 202201,28184.888.16$10,458
Aug 202201,69494.529.13$15,461
Jul 202201,774101.587.54$13,380
Jun 202201,525115.097.98$12,165
May 202201,292109.378.43$10,895
Apr 202201,301104.226.84$8,896
Mar 202201,324108.885.08$6,721
Feb 2022521,44091.054.86$11,731
Jan 202201,75881.844.54$7,977
Dec 202101,50571.323.90$5,868
Nov 2021087377.435.24$4,572
Oct 202101,11279.795.71$6,354
Sep 202101,04169.865.35$5,570
Aug 202101,13066.024.22$4,769
Jul 2021012270.783.98$486
Jun 20210069.493.38$0
May 20210863.483.02$24
Apr 2021096560.362.76$2,662
Mar 202101,06861.302.72$2,902
Feb 202101,07757.805.55$5,975
Jan 202101,20650.412.81$3,389
Dec 2020096144.642.68$2,571
Nov 2020095438.772.71$2,582
Oct 202001,14236.972.48$2,830
Sep 2020036137.091.99$719
Aug 202009239.982.39$219
Jul 2020041038.371.83$748
Jun 2020097134.901.69$1,641
May 202001,05316.921.81$1,911
Apr 2020095514.751.80$1,723
Mar 2020088230.341.86$1,637
Feb 2020080349.881.98$1,590
Jan 2020093657.252.09$1,961
Dec 2019058959.012.30$1,357
Nov 2019049555.302.75$1,362
Oct 2019042353.472.42$1,023
Sep 2019049455.052.66$1,313
Aug 2019032953.112.30$758
Jul 2019028556.272.46$701
Jun 2019019952.782.49$496
May 2019013658.482.74$373
Apr 2019014362.632.75$393
Mar 201908256.803.06$251
Feb 201905250.852.79$145
Jan 2019010646.033.23$342
Dec 2018011546.594.19$481
Nov 201808352.934.24$352
Oct 201809561.443.40$323
Sep 201801859.543.11$56
Aug 2018013359.403.07$408
Jul 2018764565.142.93$5,083
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 201703,85857.272.92$11,271
Nov 201703,64355.423.12$11,360
Oct 201703,62849.292.98$10,825
Sep 201701,27047.523.09$3,921
Aug 20170045.373.00$0
Jul 2017045343.873.09$1,399
Jun 201703,17942.493.09$9,814
May 20171904,64345.373.26$23,772
Apr 201705,07647.933.21$16,302
Mar 201705,64846.772.98$16,852
Feb 201705,11550.452.95$15,103
Jan 201703,16749.413.42$10,827
Dec 201604,01748.763.72$14,955
Nov 201604,07142.492.64$10,765
Oct 201605,89546.193.09$18,217
Sep 201606,07241.553.10$18,827
Aug 201605,33441.442.92$15,598
Jul 201604,45941.622.92$13,040
Jun 201604,57445.352.69$12,285
May 201604,68242.521.99$9,322
Apr 201605,41136.561.99$10,774
Mar 201605,26633.011.79$9,447
Feb 201605,28126.472.06$10,898
Jan 201605,49327.352.36$12,987
Dec 201515,88332.362.00$11,807
Nov 201506,61238.792.17$14,330
Oct 20151916,74143.552.43$24,676
Sep 201507,22542.992.76$19,930
Aug 201507,28440.162.87$20,923
Jul 201507,49448.152.95$22,070
Jun 201506,91156.152.88$19,923
May 201506,09255.212.96$18,005
Apr 201507,31349.822.71$19,793
Mar 201507,81542.892.93$22,935
Feb 201507,03944.662.98$20,949
Jan 201508,25943.433.10$25,608
Dec 201408,34354.693.59$29,963
Nov 201407,53670.464.25$32,042
Oct 201408,16178.303.90$31,836
Sep 201408,86486.164.05$35,859
Aug 201409,56989.394.04$38,612
Jul 201409,30296.564.18$38,879
Jun 201409,08998.164.74$43,054
May 201409,97894.734.73$47,162
Apr 2014010,35195.944.81$49,779
Mar 2014010,60695.895.06$53,632
Feb 201407,14297.406.19$44,223
Jan 201407,95890.404.86$38,682
Dec 201302,57291.824.35$11,200
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201302,245104.113.72$8,346
Aug 20131956,503104.253.52$43,236
Jul 201307,668102.523.72$28,508
Jun 201306,82994.403.93$26,861
May 201308,06894.834.15$33,475
Apr 2013010,86593.964.28$46,530
Mar 2013010,02393.623.91$39,219
Feb 2013012,03591.233.42$41,159
Jan 201309,09891.603.42$31,114
Dec 2012012,79386.773.42$43,754
Nov 2012013,47086.953.62$48,828
Oct 2012013,59389.383.40$46,212
Sep 2012015,38994.672.92$44,911
Aug 2012018,32992.662.91$53,304
Jul 2012015,36285.133.02$46,406
Jun 2012019,40679.822.52$48,884
May 201220121,53491.612.49$71,997
Apr 2012021,144101.652.00$42,220
Mar 2012022,873105.052.22$50,826
Feb 2012022,140101.102.57$56,905
Jan 2012023,69898.092.73$64,792
Dec 2011023,64896.873.24$76,613
Nov 201119423,02595.723.31$94,812
Oct 2011024,73484.983.65$90,243
Sep 2011027,14083.623.99$108,175
Aug 201119414,53383.404.15$76,482
Jul 2011024,26194.144.52$109,593
Jun 201109,41892.904.64$43,698
May 201101,28198.134.40$5,643
Apr 201103,584105.964.33$15,530
Mar 201103,61596.364.06$14,667
Feb 201125,99085.644.18$25,209
Jan 201101,79886.504.59$8,251
Dec 201002,78185.734.35$12,091
Nov 201003,19980.843.80$12,141
Oct 201015,33778.103.51$18,805
Sep 201036,07072.633.98$24,373
Aug 2010012,79973.684.42$56,563
Jul 2010010,19572.554.74$48,289
Jun 201002,63370.364.91$12,929
May 20100071.124.24$0
Apr 201002581.694.12$103
Mar 20100278.394.39$9
Feb 2010053473.585.44$2,906
Jan 201007274.365.96$429
Dec 2009044271.445.48$2,424
Nov 200905874.593.75$218
Oct 20090372.544.11$12
Sep 2009019665.543.06$601
Aug 2009026767.423.22$859
Jul 2009025561.133.46$883
Jun 200924,50066.163.90$17,660
May 200907,93654.743.93$31,155

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.

Oct 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.37 =         $0
Gas                  210 Mcf  × $  2.28 =       $479

────────────────────────────────────────────────────
Month total                                     $479

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/254594 is the state's own key, not one this site invented.