MAGELLAN

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 263797District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.1 M
Apr 2011 – May 2026
Value, last 12 filed months
$448 k
at the published price for each month
Months reported
182
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 Gas112012-07-30206712
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
CondensateDisposition148 bbl$12,668
GasProduction4,943,354 Mcf$20,074,999
Total$20,087,667

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 31.5271, -94.1439. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52712, -94.14387 · 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
13,562 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 13,562 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-405304191H13,562 ftFeb 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 (182)

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

182 months

May 202605,385106.413.05$16,402
Apr 202608,12498.932.87$23,314
Mar 2026010,00589.753.15$31,510
Feb 202608,57263.503.75$32,148
Jan 202609,09659.138.00$72,749
Dec 2025011,75856.664.41$51,892
Nov 2025011,13058.593.93$43,701
Oct 2025011,43559.383.30$37,791
Sep 2025010,79262.743.08$33,206
Aug 2025011,70263.933.01$35,279
Jul 2025010,94366.743.32$36,278
Jun 2025010,76366.483.13$33,674
May 2025012,38960.553.23$40,045
Apr 2025010,77562.363.54$38,177
Mar 2025013,88867.704.27$59,278
Feb 202507,42170.884.34$32,213
Jan 2025016,36274.324.28$70,008
Dec 202406,03768.993.12$18,844
Nov 2024014,63869.052.20$32,181
Oct 2024012,26071.372.28$27,970
Sep 202409,87769.612.36$23,353
Aug 2024012,85775.632.06$26,532
Jul 2024011,08779.932.15$23,799
Jun 2024015,46878.082.63$40,742
May 2024015,21078.812.20$33,438
Apr 2024017,53084.451.66$29,086
Mar 2024018,21280.301.55$28,140
Feb 2024021,16176.091.78$37,744
Jan 2024042,50373.023.30$140,160
Dec 20230071.262.61$0
Nov 2023014,81877.892.81$41,602
Oct 2023010,79885.443.09$33,336
Sep 2023031,24689.042.74$85,459
Aug 2023011,92880.522.67$31,882
Jul 2023025,44974.852.64$67,231
Jun 2023027,33768.962.26$61,740
May 2023032,93770.622.23$73,364
Apr 2023035,42778.122.24$79,277
Mar 2023034,42172.852.39$82,375
Feb 2023032,27575.112.47$79,580
Jan 2023037,59876.533.39$127,372
Dec 2022045,52776.415.73$260,828
Nov 2022048,20385.005.65$272,164
Oct 2022052,29687.185.86$306,651
Sep 2022054,23784.888.16$442,774
Aug 2022061,17894.529.13$558,381
Jul 2022067,171101.587.54$506,609
Jun 2022068,538115.097.98$546,741
May 2022080,300109.378.43$677,173
Apr 2022086,226104.226.84$589,579
Mar 2022097,460108.885.08$494,746
Feb 2022097,25391.054.86$472,537
Jan 20220119,96481.844.54$544,358
Dec 20210136,82371.323.90$533,489
Nov 20210135,87777.435.24$711,567
Oct 20210114,82779.795.71$656,107
Sep 20210120,58769.865.35$645,251
Aug 20210125,26266.024.22$528,680
Jul 2021056,07770.783.98$223,303
Jun 2021022,27369.493.38$75,297
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020016044.642.68$428
Nov 202004,22738.772.71$11,441
Oct 202003,61536.972.48$8,960
Sep 202001,63037.091.99$3,245
Aug 202004,96339.982.39$11,837
Jul 202003,20938.371.83$5,857
Jun 202005,90434.901.69$9,980
May 202008,25116.921.81$14,974
Apr 202003,53614.751.80$6,380
Mar 202006,91230.341.86$12,830
Feb 202004,52049.881.98$8,953
Jan 202002,03157.252.09$4,254
Dec 201901,18359.012.30$2,726
Nov 201901,60355.302.75$4,409
Oct 201905,91153.472.42$14,296
Sep 201902,32355.052.66$6,173
Aug 201903,70053.112.30$8,526
Jul 201904,18956.272.46$10,305
Jun 201905,26552.782.49$13,116
May 201903,21558.482.74$8,810
Apr 201903,82262.632.75$10,513
Mar 201902,69756.803.06$8,258
Feb 201902,84650.852.79$7,947
Jan 201903,66846.033.23$11,841
Dec 201805,95446.594.19$24,920
Nov 201805,09852.934.24$21,601
Oct 201807,08761.443.40$24,082
Sep 201806,83159.543.11$21,231
Aug 201807,06559.403.07$21,665
Jul 201807,55865.142.93$22,159
Jun 201808,86660.183.08$27,280
May 201808,66865.382.90$25,144
Apr 201807,42563.842.90$21,538
Mar 201808,57161.222.79$23,886
Feb 201807,82461.782.77$21,642
Jan 201808,99362.874.01$36,056
Dec 201707,85657.272.92$22,951
Nov 201707,80755.423.12$24,345
Oct 201708,03849.292.98$23,983
Sep 201707,04047.523.09$21,734
Aug 201707,73045.373.00$23,224
Jul 201707,75143.873.09$23,930
Jun 201707,67142.493.09$23,683
May 201708,16145.373.26$26,633
Apr 201707,88547.933.21$25,323
Mar 201708,94546.772.98$26,689
Feb 201707,99550.452.95$23,606
Jan 201709,67349.413.42$33,070
Dec 201608,37548.763.72$31,179
Nov 201605,08842.492.64$13,454
Oct 201608,53246.193.09$26,366
Sep 201609,56541.553.10$29,658
Aug 201608,95041.442.92$26,173
Jul 2016010,93841.622.92$31,986
Jun 201608,66145.352.69$23,262
May 201609,10542.521.99$18,128
Apr 2016010,06736.561.99$20,044
Mar 2016011,94333.011.79$21,426
Feb 2016011,04226.472.06$22,787
Jan 2016013,83027.352.36$32,699
Dec 2015013,64232.362.00$27,303
Nov 2015014,04638.792.17$30,442
Oct 2015018,53143.552.43$44,967
Sep 2015010,94342.992.76$30,185
Aug 201507,31940.162.87$21,024
Jul 2015275,60148.152.95$17,795
Jun 2015010,18156.152.88$29,350
May 2015012,81255.212.96$37,865
Apr 2015012,71549.822.71$34,414
Mar 2015013,42442.892.93$39,396
Feb 2015012,87344.662.98$38,312
Jan 2015012,99343.433.10$40,286
Dec 2014014,92454.693.59$53,597
Nov 2014014,31470.464.25$60,861
Oct 2014015,23778.303.90$59,439
Sep 2014015,52986.164.05$62,822
Aug 2014116,47989.394.04$66,584
Jul 2014518,13296.564.18$76,267
Jun 2014215,49698.164.74$73,599
May 2014116,73594.734.73$79,194
Apr 2014216,16495.944.81$77,927
Mar 2014317,45695.895.06$88,559
Feb 2014015,61897.406.19$96,707
Jan 2014317,41790.404.86$84,930
Dec 2013119,12791.824.35$83,380
Nov 2013618,27588.853.74$68,850
Oct 2013119,43697.423.78$73,553
Sep 2013019,601104.113.72$72,871
Aug 2013121,598104.253.52$76,186
Jul 2013123,825102.523.72$88,678
Jun 2013124,21094.403.93$95,322
May 2013126,12694.834.15$108,494
Apr 2013326,45993.964.28$113,595
Mar 2013229,28693.623.91$114,780
Feb 2013228,00691.233.42$95,960
Jan 2013032,91991.603.42$112,580
Dec 2012436,19786.773.42$124,147
Nov 2012035,32386.953.62$128,044
Oct 2012238,24189.383.40$130,186
Sep 2012039,56394.672.92$115,461
Aug 2012144,78792.662.91$130,340
Jul 2012148,96785.133.02$148,005
Jun 2012052,33479.822.52$131,831
May 20123159,56791.612.49$151,062
Apr 2012065,516101.652.00$130,822
Mar 2012375,131105.052.22$167,262
Feb 20122681,335101.102.57$211,679
Jan 2012467,33698.092.73$184,494
Dec 20110124,82996.873.24$404,414
Nov 20110142,35695.723.31$471,381
Oct 201113176,46084.983.65$644,926
Sep 20110210,70983.623.99$839,844
Aug 20110264,86783.404.15$1,099,018
Jul 2011098,72694.144.52$445,969
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0

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                5,385 Mcf  × $  3.05 =    $16,402

────────────────────────────────────────────────────
Month total                                  $16,402

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/263797 is the state's own key, not one this site invented.