GILBERT WHEELER GAS UNIT

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) 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 260400District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$7.7 M
Dec 2010 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
186
no gaps in the span
Streams
1
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 Gas112011-08-15201313
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
GasProduction2,078,263 Mcf$7,681,994
Total$7,681,994

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 31.7592, -94.1764. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75915, -94.17641 · 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
11,472 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 11,472 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-419316231H11,472 ftDec 2010

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 (186)

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

186 months

May 20261,716106.413.05$5,227
Apr 20261,58898.932.87$4,557
Mar 20261,75089.753.15$5,512
Feb 20261,65163.503.75$6,192
Jan 20261,75359.138.00$14,020
Dec 20251,84156.664.41$8,125
Nov 20252,04158.593.93$8,014
Oct 20251,98159.383.30$6,547
Sep 20251,98862.743.08$6,117
Aug 20252,08163.933.01$6,274
Jul 20252,08466.743.32$6,909
Jun 2025066.483.13$0
May 20251,94460.553.23$6,284
Apr 20252,00562.363.54$7,104
Mar 20251,89767.704.27$8,097
Feb 20251,71670.884.34$7,449
Jan 20252,03874.324.28$8,720
Dec 20242,66568.993.12$8,318
Nov 20242,03069.052.20$4,463
Oct 20241,93171.372.28$4,405
Sep 20242,09869.612.36$4,960
Aug 20242,22775.632.06$4,596
Jul 20242,08779.932.15$4,480
Jun 20241,98378.082.63$5,223
May 20242,04178.812.20$4,487
Apr 20241,43284.451.66$2,376
Mar 20241,91180.301.55$2,953
Feb 20241,72576.091.78$3,077
Jan 20242,78873.023.30$9,194
Dec 20233,37971.262.61$8,822
Nov 20232,62177.892.81$7,359
Oct 20232,24285.443.09$6,922
Sep 20232,18889.042.74$5,984
Aug 20232,26280.522.67$6,046
Jul 20232,37774.852.64$6,280
Jun 20231,88368.962.26$4,253
May 20232,24670.622.23$5,003
Apr 20231,91178.122.24$4,276
Mar 20232,13972.852.39$5,119
Feb 20231,98075.112.47$4,882
Jan 20232,28276.533.39$7,731
Dec 20222,52376.415.73$14,454
Nov 20222,41485.005.65$13,630
Oct 20222,24087.185.86$13,135
Sep 20221,77184.888.16$14,458
Aug 20221,98994.529.13$18,154
Jul 20222,334101.587.54$17,603
Jun 20222,438115.097.98$19,448
May 20222,600109.378.43$21,926
Apr 20222,521104.226.84$17,238
Mar 20222,243108.885.08$11,386
Feb 20222,12091.054.86$10,301
Jan 20222,65881.844.54$12,061
Dec 20212,51671.323.90$9,810
Nov 20212,41477.435.24$12,642
Oct 20212,56279.795.71$14,639
Sep 20212,62369.865.35$14,035
Aug 20212,42166.024.22$10,218
Jul 20212,20670.783.98$8,784
Jun 20212,35169.493.38$7,948
May 20212,50963.483.02$7,571
Apr 20212,55560.362.76$7,048
Mar 20213,06061.302.72$8,314
Feb 20212,98857.805.55$16,577
Jan 20213,26950.412.81$9,187
Dec 20202,89944.642.68$7,756
Nov 20202,77838.772.71$7,519
Oct 20203,10136.972.48$7,686
Sep 20203,68637.091.99$7,339
Aug 20203,44639.982.39$8,219
Jul 20202,53538.371.83$4,627
Jun 20202,68634.901.69$4,540
May 20202,88016.921.81$5,226
Apr 20202,94814.751.80$5,319
Mar 20202,95430.341.86$5,483
Feb 20202,65749.881.98$5,263
Jan 20203,05657.252.09$6,402
Dec 20192,84659.012.30$6,558
Nov 20192,48555.302.75$6,835
Oct 20193,02753.472.42$7,321
Sep 20193,87655.052.66$10,300
Aug 20192,22753.112.30$5,132
Jul 20193,37456.272.46$8,300
Jun 20193,14652.782.49$7,837
May 20193,55458.482.74$9,739
Apr 20193,77462.632.75$10,381
Mar 20193,40556.803.06$10,426
Feb 20193,04750.852.79$8,508
Jan 20193,18046.033.23$10,266
Dec 20183,58346.594.19$14,996
Nov 20184,08452.934.24$17,305
Oct 20184,16661.443.40$14,156
Sep 20184,29559.543.11$13,349
Aug 20183,92959.403.07$12,049
Jul 20184,14065.142.93$12,138
Jun 20184,15060.183.08$12,769
May 20184,34165.382.90$12,592
Apr 20184,12263.842.90$11,957
Mar 20184,33661.222.79$12,084
Feb 20184,07761.782.77$11,277
Jan 20184,02262.874.01$16,125
Dec 20174,13857.272.92$12,089
Nov 20174,62555.423.12$14,422
Oct 20174,94249.292.98$14,745
Sep 20174,98447.523.09$15,387
Aug 20174,84545.373.00$14,556
Jul 20174,96943.873.09$15,341
Jun 20174,64842.493.09$14,350
May 20174,88345.373.26$15,935
Apr 20174,77047.933.21$15,319
Mar 20175,59346.772.98$16,688
Feb 20175,01850.452.95$14,816
Jan 20175,81149.413.42$19,867
Dec 20166,21048.763.72$23,119
Nov 20165,69342.492.64$15,054
Oct 20165,85246.193.09$18,084
Sep 20165,97241.553.10$18,517
Aug 20166,15541.442.92$17,999
Jul 20166,35241.622.92$18,575
Jun 20166,14845.352.69$16,512
May 20166,59642.521.99$13,133
Apr 20166,45136.561.99$12,844
Mar 20166,74733.011.79$12,104
Feb 20166,88626.472.06$14,210
Jan 20168,16127.352.36$19,296
Dec 20157,07332.362.00$14,156
Nov 20156,98238.792.17$15,132
Oct 20157,38843.552.43$17,928
Sep 20157,36542.992.76$20,316
Aug 20157,89440.162.87$22,675
Jul 20158,02048.152.95$23,620
Jun 20158,09356.152.88$23,331
May 20158,46755.212.96$25,024
Apr 20158,38349.822.71$22,689
Mar 20158,74242.892.93$25,655
Feb 20158,21044.662.98$24,435
Jan 20159,10643.433.10$28,234
Dec 20149,44154.693.59$33,906
Nov 20149,39570.464.25$39,946
Oct 20149,92278.303.90$38,705
Sep 201410,04986.164.05$40,653
Aug 201410,71089.394.04$43,216
Jul 201411,12296.564.18$46,486
Jun 201410,94298.164.74$51,831
May 201411,95694.734.73$56,511
Apr 201411,80495.944.81$56,767
Mar 201412,84495.895.06$64,950
Feb 201412,16297.406.19$75,307
Jan 201412,98990.404.86$63,136
Dec 201312,99891.824.35$56,600
Nov 201312,45388.853.74$46,553
Oct 201313,22197.423.78$49,967
Sep 201314,955104.113.72$55,599
Aug 201314,629104.253.52$51,532
Jul 201315,279102.523.72$56,803
Jun 201315,39094.403.93$60,535
May 201316,53894.834.15$68,617
Apr 201316,73893.964.28$71,682
Mar 201318,22793.623.91$71,320
Feb 201317,46491.233.42$59,725
Jan 201319,53291.603.42$66,798
Dec 2012086.773.42$0
Nov 201220,75686.953.62$75,240
Oct 201223,00489.383.40$78,206
Sep 201223,23094.672.92$67,794
Aug 201224,28792.662.91$70,630
Jul 201226,41185.133.02$79,782
Jun 201227,01079.822.52$68,039
May 201229,75491.612.49$74,037
Apr 201230,895101.652.00$61,691
Mar 201233,880105.052.22$75,284
Feb 201234,002101.102.57$87,393
Jan 201239,14398.092.73$107,020
Dec 201142,44096.873.24$137,495
Nov 201144,87795.723.31$148,600
Oct 201150,88484.983.65$185,652
Sep 201154,73083.623.99$218,143
Aug 201163,01183.404.15$261,453
Jul 201170,33994.144.52$317,738
Jun 201177,42292.904.64$359,229
May 201191,95298.134.40$405,032
Apr 2011103,076105.964.33$446,657
Mar 2011122,11496.364.06$495,458
Feb 2011121,30785.644.18$507,061
Jan 2011102,72886.504.59$471,396
Dec 20103,44085.734.35$14,956

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
Gas                1,716 Mcf  × $  3.05 =     $5,227

────────────────────────────────────────────────────
Month total                                   $5,227

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/260400 is the state's own key, not one this site invented.