CORTES

Operated by ADAMAS ENERGY LLC (P-5 103913) 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 263405District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
May 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 Gas112012-07-30206711
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
CondensateDisposition95 bbl$8,587
GasProduction2,032,788 Mcf$7,549,130
Total$7,557,717

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 31.5225, -94.1479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52249, -94.14795 · 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
13,575 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 13,575 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-405304071H13,575 ftJan 2012

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 (181)

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

181 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 2021039057.805.55$2,164
Jan 2021043950.412.81$1,234
Dec 2020033544.642.68$896
Nov 202001,04738.772.71$2,834
Oct 2020096736.972.48$2,397
Sep 2020074137.091.99$1,475
Aug 202001,57739.982.39$3,761
Jul 2020097838.371.83$1,785
Jun 202001,63234.901.69$2,759
May 202002,03616.921.81$3,695
Apr 2020041314.751.80$745
Mar 2020071130.341.86$1,320
Feb 2020063749.881.98$1,262
Jan 202001,69757.252.09$3,555
Dec 2019048259.012.30$1,111
Nov 2019020455.302.75$561
Oct 201901,91853.472.42$4,639
Sep 201901,83055.052.66$4,863
Aug 2019083253.112.30$1,917
Jul 2019090356.272.46$2,221
Jun 2019039252.782.49$977
May 201901,20058.482.74$3,288
Apr 2019036562.632.75$1,004
Mar 2019021556.803.06$658
Feb 2019038850.852.79$1,083
Jan 2019050646.033.23$1,633
Dec 201801,29946.594.19$5,437
Nov 201802,24352.934.24$9,504
Oct 201802,78961.443.40$9,477
Sep 201802,98759.543.11$9,284
Aug 201803,38959.403.07$10,393
Jul 201805,29665.142.93$15,527
Jun 201801,05560.183.08$3,246
May 2018064965.382.90$1,883
Apr 201801,00763.842.90$2,921
Mar 201801,73161.222.79$4,824
Feb 201802,09161.782.77$5,784
Jan 201803,53462.874.01$14,169
Dec 201703,02757.272.92$8,843
Nov 201703,22355.423.12$10,050
Oct 201704,31749.292.98$12,881
Sep 201703,94647.523.09$12,182
Aug 201704,16745.373.00$12,519
Jul 201704,38443.873.09$13,535
Jun 201704,44342.493.09$13,717
May 201703,95445.373.26$12,903
Apr 201704,14147.933.21$13,299
Mar 201705,29946.772.98$15,811
Feb 201704,95850.452.95$14,639
Jan 201706,20849.413.42$21,224
Dec 201604,04948.763.72$15,074
Nov 201602,34742.492.64$6,206
Oct 201603,41246.193.09$10,544
Sep 201604,22541.553.10$13,100
Aug 201603,89041.442.92$11,376
Jul 201605,00541.622.92$14,636
Jun 201604,24645.352.69$11,404
May 201603,81542.521.99$7,596
Apr 201606,05436.561.99$12,054
Mar 201607,26033.011.79$13,025
Feb 201606,50126.472.06$13,416
Jan 201608,56127.352.36$20,241
Dec 201508,53732.362.00$17,086
Nov 201509,79838.792.17$21,236
Oct 201504,86343.552.43$11,800
Sep 201503,46042.992.76$9,544
Aug 201505,82140.162.87$16,721
Jul 201585,66748.152.95$17,075
Jun 201506,03756.152.88$17,404
May 201506,09355.212.96$18,008
Apr 201506,28349.822.71$17,005
Mar 201505,00242.892.93$14,679
Feb 201503,66444.662.98$10,905
Jan 201503,74943.433.10$11,624
Dec 201406,18054.693.59$22,195
Nov 201403,09370.464.25$13,151
Oct 201402,34078.303.90$9,128
Sep 201401,98286.164.05$8,018
Aug 201402,44189.394.04$9,850
Jul 201423,96696.564.18$16,769
Jun 201414,05298.164.74$19,292
May 201404,36494.734.73$20,627
Apr 201413,53495.944.81$17,091
Mar 201403,04895.895.06$15,413
Feb 201402,84897.406.19$17,635
Jan 2014031390.404.86$1,521
Dec 201305,04091.824.35$21,947
Nov 201303,74188.853.74$13,985
Oct 201314,27597.423.78$16,254
Sep 201304,495104.113.72$16,711
Aug 201315,489104.253.52$19,440
Jul 201309,753102.523.72$36,259
Jun 2013010,05394.403.93$39,543
May 2013010,78494.834.15$44,744
Apr 2013111,46293.964.28$49,181
Mar 2013213,39093.623.91$52,581
Feb 2013113,27691.233.42$45,494
Jan 2013013,46591.603.42$46,049
Dec 2012014,86086.773.42$50,824
Nov 2012021,70786.953.62$78,687
Oct 2012021,34789.383.40$72,573
Sep 2012022,81894.672.92$66,592
Aug 2012025,92092.662.91$75,380
Jul 2012027,73985.133.02$83,794
Jun 2012029,16579.822.52$73,468
May 20122134,72391.612.49$88,326
Apr 2012037,186101.652.00$74,253
Mar 2012244,218105.052.22$98,466
Feb 20121454,534101.102.57$141,581
Jan 2012239,43898.092.73$108,023
Dec 2011078,21496.873.24$253,393
Nov 2011095,14495.723.31$315,048
Oct 201111125,71184.983.65$459,596
Sep 20110154,33583.623.99$615,148
Aug 20110192,00883.404.15$796,703
Jul 20110131,56594.144.52$594,311
Jun 201117260,32792.904.64$1,209,465
May 201110247,13498.134.40$1,089,562

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.

Feb 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.80 =         $0
Gas                  390 Mcf  × $  5.55 =     $2,164

────────────────────────────────────────────────────
Month total                                   $2,164

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/263405 is the state's own key, not one this site invented.