MARCO GAS UNIT

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 263428District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.4 M
Nov 2011 – May 2026
Value, last 12 filed months
$400 k
at the published price for each month
Months reported
175
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 Gas112012-07-30206714
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
CondensateDisposition58 bbl$5,568
GasProduction6,063,820 Mcf$18,405,466
Total$18,411,035

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 31.5569, -94.0783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55688, -94.07827 · 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
13,495 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 13,495 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-405304531H13,495 ftApr 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 (175)

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

175 months

May 202605,387106.413.05$16,408
Apr 202607,33898.932.87$21,058
Mar 202608,94589.753.15$28,172
Feb 202608,42563.503.75$31,596
Jan 2026011,32459.138.00$90,568
Dec 202506,60256.664.41$29,137
Nov 202509,07858.593.93$35,644
Oct 202509,42759.383.30$31,155
Sep 202508,49162.743.08$26,126
Aug 202509,08263.933.01$27,380
Jul 2025010,02366.743.32$33,228
Jun 202509,27966.483.13$29,031
May 2025010,10760.553.23$32,669
Apr 2025010,69962.363.54$37,908
Mar 2025011,02867.704.27$47,071
Feb 2025010,07770.884.34$43,743
Jan 2025010,84374.324.28$46,394
Dec 2024011,30768.993.12$35,293
Nov 2024011,00869.052.20$24,200
Oct 2024012,27071.372.28$27,993
Sep 2024012,54569.612.36$29,661
Aug 2024013,61475.632.06$28,094
Jul 2024011,99379.932.15$25,744
Jun 2024016,34678.082.63$43,055
May 2024017,73678.812.20$38,992
Apr 2024017,35884.451.66$28,800
Mar 2024019,80280.301.55$30,597
Feb 2024018,75376.091.78$33,449
Jan 2024021,33473.023.30$70,352
Dec 2023023,51471.262.61$61,388
Nov 2023023,84777.892.81$66,952
Oct 2023026,58285.443.09$82,066
Sep 2023026,68489.042.74$72,982
Aug 2023030,23080.522.67$80,801
Jul 2023030,26074.852.64$79,941
Jun 2023030,73568.962.26$69,414
May 2023054,28370.622.23$120,910
Apr 2023032,72978.122.24$73,240
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023018,28676.533.39$61,948
Dec 2022020,76076.415.73$118,936
Nov 2022020,51585.005.65$115,832
Oct 2022024,06987.185.86$141,135
Sep 2022024,61784.888.16$200,965
Aug 2022026,42194.529.13$241,149
Jul 2022028,238101.587.54$212,973
Jun 2022029,602115.097.98$236,141
May 2022033,857109.378.43$285,517
Apr 2022040,312104.226.84$275,637
Mar 2022044,959108.885.08$228,230
Feb 20220091.054.86$0
Jan 2022013,65881.844.54$61,976
Dec 2021030,09571.323.90$117,344
Nov 2021029,02577.435.24$152,000
Oct 2021032,16179.795.71$183,764
Sep 2021031,52269.865.35$168,672
Aug 2021034,29166.024.22$144,728
Jul 2021037,40070.783.98$148,930
Jun 2021038,32769.493.38$129,569
May 2021045,21363.483.02$136,438
Apr 2021045,43960.362.76$125,340
Mar 2021048,21461.302.72$130,995
Feb 2021042,87557.805.55$237,868
Jan 2021054,71850.412.81$153,772
Dec 2020059,85944.642.68$160,150
Nov 2020067,42338.772.71$182,485
Oct 2020025,53336.972.48$63,282
Sep 2020065,37937.091.99$130,172
Aug 2020073,69239.982.39$175,763
Jul 2020080,52038.371.83$146,959
Jun 2020077,87534.901.69$131,633
May 2020092,93416.921.81$168,652
Apr 2020097,57814.751.80$176,068
Mar 20200108,27230.341.86$200,978
Feb 20200110,06849.881.98$218,008
Jan 20200116,28757.252.09$243,591
Dec 20190133,25959.012.30$307,077
Nov 20190142,18955.302.75$391,119
Oct 20190157,47053.472.42$380,847
Sep 20190157,20255.052.66$417,730
Aug 20190172,01653.112.30$396,387
Jul 20190187,09256.272.46$460,258
Jun 20190174,24352.782.49$434,074
May 20190123,70158.482.74$338,980
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019015246.033.23$491
Dec 201804,74146.594.19$19,843
Nov 201803,74052.934.24$15,847
Oct 201804,81561.443.40$16,362
Sep 201804,48059.543.11$13,924
Aug 201805,40559.403.07$16,575
Jul 201805,59565.142.93$16,404
Jun 201805,89160.183.08$18,126
May 201805,66465.382.90$16,430
Apr 201805,70363.842.90$16,543
Mar 201806,74061.222.79$18,783
Feb 201805,76661.782.77$15,949
Jan 201805,09462.874.01$20,423
Dec 201704,58257.272.92$13,386
Nov 201705,64055.423.12$17,588
Oct 201706,93049.292.98$20,677
Sep 201707,50647.523.09$23,173
Aug 201706,81645.373.00$20,478
Jul 201707,33243.873.09$22,636
Jun 201706,94242.493.09$21,432
May 201706,94645.373.26$22,668
Apr 201706,66447.933.21$21,402
Mar 201707,16446.772.98$21,375
Feb 201708,47250.452.95$25,014
Jan 201709,17749.413.42$31,374
Dec 201608,68848.763.72$32,344
Nov 2016012,64542.492.64$33,438
Oct 201608,16846.193.09$25,241
Sep 201607,76441.553.10$24,073
Aug 201606,20841.442.92$18,154
Jul 201608,20241.622.92$23,985
Jun 201608,16745.352.69$21,935
May 201608,56042.521.99$17,043
Apr 201609,03336.561.99$17,985
Mar 201609,11033.011.79$16,343
Feb 201608,68326.472.06$17,919
Jan 201609,44427.352.36$22,329
Dec 2015010,03732.362.00$20,088
Nov 201508,64438.792.17$18,734
Oct 201509,82943.552.43$23,851
Sep 2015010,03242.992.76$27,672
Aug 2015011,11740.162.87$31,933
Jul 2015011,27148.152.95$33,194
Jun 2015011,53856.152.88$33,262
May 2015012,00155.212.96$35,468
Apr 2015012,16349.822.71$32,920
Mar 2015011,89042.892.93$34,894
Feb 2015011,42144.662.98$33,991
Jan 2015013,19543.433.10$40,913
Dec 2014013,06154.693.59$46,907
Nov 2014013,09370.464.25$55,669
Oct 2014013,92278.303.90$54,309
Sep 2014014,00486.164.05$56,652
Aug 2014014,50289.394.04$58,517
Jul 2014215,00896.564.18$62,921
Jun 2014114,88898.164.74$70,621
May 2014116,10294.734.73$76,202
Apr 2014215,90095.944.81$76,657
Mar 2014217,07195.895.06$86,516
Feb 2014016,67997.406.19$103,276
Jan 2014219,28690.404.86$93,925
Dec 2013119,54891.824.35$85,213
Nov 2013320,09888.853.74$75,399
Oct 2013124,70597.423.78$93,467
Sep 2013017,885104.113.72$66,492
Aug 2013024,282104.253.52$85,536
Jul 2013125,080102.523.72$93,343
Jun 2013026,24794.403.93$103,240
May 2013029,88194.834.15$123,979
Apr 2013232,07393.964.28$137,543
Mar 2013237,09493.623.91$145,331
Feb 2013235,50491.233.42$121,603
Jan 2013044,04691.603.42$150,633
Dec 2012448,83486.773.42$167,367
Nov 2012053,61186.953.62$194,338
Oct 2012251,27089.383.40$174,480
Sep 2012062,01294.672.92$180,976
Aug 2012172,96192.662.91$212,275
Jul 2012284,00785.133.02$253,939
Jun 2012091,95979.822.52$231,648
May 20120108,17091.612.49$269,162
Apr 2012097,551101.652.00$194,790
Mar 20125138,777105.052.22$308,899
Feb 201210150,976101.102.57$389,056
Jan 201212183,70098.092.73$503,428
Dec 20110208,09796.873.24$674,180
Nov 20110169,91895.723.31$562,646

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                5,387 Mcf  × $  3.05 =    $16,408

────────────────────────────────────────────────────
Month total                                  $16,408

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/263428 is the state's own key, not one this site invented.