SADIE GU

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 264845District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$12.1 M
Feb 2012 – May 2026
Value, last 12 filed months
$746 k
at the published price for each month
Months reported
172
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 Gas112013-01-15208515
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
GasProduction3,510,599 Mcf$12,098,168
Total$12,098,168

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 31.5154, -94.4017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51542, -94.40171 · 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
13,865 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 13,865 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-347332641H13,865 ftMar 2014

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 (172)

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

172 months

May 202611,294106.413.05$34,400
Apr 202610,93598.932.87$31,380
Mar 202611,85389.753.15$37,330
Feb 202612,37863.503.75$46,421
Jan 202612,96859.138.00$103,717
Dec 202515,54256.664.41$68,592
Nov 202516,67358.593.93$65,466
Oct 202518,53459.383.30$61,252
Sep 202519,38462.743.08$59,643
Aug 202522,98463.933.01$69,291
Jul 202525,02166.743.32$82,950
Jun 202527,21166.483.13$85,136
May 202527,73260.553.23$89,639
Apr 202521,20062.363.54$75,114
Mar 202516,13167.704.27$68,852
Feb 202514,64770.884.34$63,580
Jan 202534,95574.324.28$149,561
Dec 202445,95768.993.12$143,449
Nov 202444,34869.052.20$97,496
Oct 202452,65371.372.28$120,123
Sep 202435,96969.612.36$85,044
Aug 202451,88075.632.06$107,061
Jul 20244,60479.932.15$9,883
Jun 202428,67478.082.63$75,527
May 202412,16678.812.20$26,746
Apr 202441,72784.451.66$69,233
Mar 2024080.301.55$0
Feb 202497176.091.78$1,732
Jan 20246,70073.023.30$22,094
Dec 20236,25771.262.61$16,335
Nov 20238,03577.892.81$22,559
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 20234,58880.522.67$12,263
Jul 202350174.852.64$1,324
Jun 20234,63268.962.26$10,461
May 20233,48470.622.23$7,760
Apr 202343778.122.24$978
Mar 20231,53172.852.39$3,664
Feb 20232,61675.112.47$6,450
Jan 20233,15176.533.39$10,675
Dec 20223,68976.415.73$21,135
Nov 20223,70685.005.65$20,925
Oct 20224,26587.185.86$25,009
Sep 20223,79884.888.16$31,006
Aug 20224,27494.529.13$39,009
Jul 20224,928101.587.54$37,167
Jun 20224,813115.097.98$38,394
May 20224,361109.378.43$36,776
Apr 20224,566104.226.84$31,220
Mar 20224,674108.885.08$23,727
Feb 20224,69891.054.86$22,827
Jan 20227,11481.844.54$32,281
Dec 20216,25871.323.90$24,401
Nov 20213,30677.435.24$17,313
Oct 20212,41479.795.71$13,793
Sep 20213,83169.865.35$20,499
Aug 20212,42966.024.22$10,252
Jul 20214,90870.783.98$19,544
Jun 20214,46469.493.38$15,091
May 20214,39463.483.02$13,260
Apr 20215,41860.362.76$14,945
Mar 20217,62961.302.72$20,728
Feb 20217,16057.805.55$39,723
Jan 20212,14350.412.81$6,022
Dec 202022944.642.68$613
Nov 202020238.772.71$547
Oct 20204,06636.972.48$10,077
Sep 2020037.091.99$0
Aug 202021639.982.39$515
Jul 2020138.371.83$2
Jun 20203,92234.901.69$6,629
May 20204,81116.921.81$8,731
Apr 20204,23314.751.80$7,638
Mar 20204,29530.341.86$7,973
Feb 20203,54349.881.98$7,018
Jan 20204,43257.252.09$9,284
Dec 20196,22259.012.30$14,338
Nov 20194,81255.302.75$13,236
Oct 20195,64953.472.42$13,662
Sep 20194,14955.052.66$11,025
Aug 20193,04953.112.30$7,026
Jul 20194,42056.272.46$10,873
Jun 20194,57752.782.49$11,402
May 20193,79558.482.74$10,400
Apr 20195,65262.632.75$15,547
Mar 20195,68256.803.06$17,399
Feb 20195,57850.852.79$15,575
Jan 20194,11646.033.23$13,287
Dec 20185,14546.594.19$21,534
Nov 20185,98052.934.24$25,339
Oct 20185,18661.443.40$17,622
Sep 20185,11659.543.11$15,901
Aug 20185,41559.403.07$16,605
Jul 20185,38865.142.93$15,797
Jun 20185,33560.183.08$16,415
May 20185,00165.382.90$14,507
Apr 20185,56763.842.90$16,149
Mar 20186,38361.222.79$17,788
Feb 20185,85361.782.77$16,190
Jan 20186,09062.874.01$24,417
Dec 20176,03157.272.92$17,620
Nov 20176,23155.423.12$19,431
Oct 20176,62849.292.98$19,776
Sep 20176,32447.523.09$19,524
Aug 20176,48945.373.00$19,496
Jul 20176,57443.873.09$20,296
Jun 20176,52742.493.09$20,151
May 20177,16045.373.26$23,366
Apr 20176,99547.933.21$22,465
Mar 20177,42546.772.98$22,154
Feb 20176,90950.452.95$20,400
Jan 20177,96149.413.42$27,217
Dec 20168,05748.763.72$29,995
Nov 20168,06542.492.64$21,327
Oct 20168,55446.193.09$26,434
Sep 20168,07441.553.10$25,034
Aug 20168,97541.442.92$26,246
Jul 20167,78341.622.92$22,760
Jun 20166,44045.352.69$17,297
May 20167,20342.521.99$14,341
Apr 20167,77136.561.99$15,472
Mar 20168,95633.011.79$16,067
Feb 20168,59626.472.06$17,739
Jan 201610,68427.352.36$25,261
Dec 201510,04532.362.00$20,104
Nov 201510,93238.792.17$23,693
Oct 201511,31843.552.43$27,464
Sep 201511,72542.992.76$32,342
Aug 201512,92440.162.87$37,124
Jul 201512,97748.152.95$38,218
Jun 201513,42956.152.88$38,714
May 201513,95155.212.96$41,231
Apr 201514,17849.822.71$38,374
Mar 201515,65042.892.93$45,928
Feb 201514,94044.662.98$44,464
Jan 201516,92043.433.10$52,463
Dec 201418,49054.693.59$66,404
Nov 201419,18570.464.25$81,572
Oct 201420,62578.303.90$80,457
Sep 201419,31386.164.05$78,130
Aug 201424,02689.394.04$96,948
Jul 201419,51496.564.18$81,561
Jun 201425,02598.164.74$118,540
May 201431,17394.734.73$147,341
Apr 201434,25695.944.81$164,741
Mar 201430,38895.895.06$153,666
Feb 201431,16497.406.19$192,967
Jan 201445,20890.404.86$219,743
Dec 201342,84691.824.35$186,572
Nov 201353,06588.853.74$198,372
Oct 201368,53497.423.78$259,015
Sep 201363,568104.113.72$236,329
Aug 201375,779104.253.52$266,940
Jul 201378,897102.523.72$293,319
Jun 201387,13994.403.93$342,753
May 201395,15294.834.15$394,793
Apr 201395,40993.964.28$408,598
Mar 2013105,98193.623.91$414,690
Feb 201399,63191.233.42$340,729
Jan 2013116,95991.603.42$399,989
Dec 2012121,40586.773.42$415,225
Nov 2012121,73086.953.62$441,266
Oct 2012130,78589.383.40$444,627
Sep 2012131,50694.672.92$383,787
Aug 2012144,97792.662.91$421,616
Jul 2012146,40385.133.02$442,254
Jun 2012129,39279.822.52$325,944
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$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
Gas               11,294 Mcf  × $  3.05 =    $34,400

────────────────────────────────────────────────────
Month total                                  $34,400

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/264845 is the state's own key, not one this site invented.