HALBERT TRUST GAS UNIT

Name: HALBERT TRUST GAS UNIT lease production and value, Mar 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) in the ANGIE (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266783District 06Field 028703002 tax incentive programmesCondensateGasSave Export

Value, all time

$15.8 M

Mar 2012 – May 2026

Value, last 12 filed months

$246 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

condensate, gas

The ANGIE (JAMES LIME) field

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 169 leases and 169 wells, and the rule below applies to all of them.

Discovered

1981-06-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-11.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2013-04-11	207562
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	133,871 bbl	$10,970,822
Gas	Production	1,485,114 Mcf	$4,878,308
Total			$15,849,130

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 31.4860, -94.0431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48604, -94.04312 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,104 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 8,104 ft.

Completions filed

Mar 2012

1 of 1 wells

1 well


42-40530479	2H	8,104 ft	Mar 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 (171)

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

171 months


May 2026	0	3,700	106.41	3.05	$11,270
Apr 2026	174	2,349	98.93	2.87	$23,955
Mar 2026	179	2,884	89.75	3.15	$25,148
Feb 2026	178	3,015	63.50	3.75	$22,610
Jan 2026	180	2,187	59.13	8.00	$28,135
Dec 2025	178	2,730	56.66	4.41	$22,134
Nov 2025	176	2,622	58.59	3.93	$20,607
Oct 2025	179	3,479	59.38	3.30	$22,127
Sep 2025	178	1,736	62.74	3.08	$16,509
Aug 2025	173	2,839	63.93	3.01	$19,619
Jul 2025	178	2,957	66.74	3.32	$21,683
Jun 2025	179	0	66.48	3.13	$11,900
May 2025	179	2,881	60.55	3.23	$20,151
Apr 2025	179	2,893	62.36	3.54	$21,413
Mar 2025	179	2,452	67.70	4.27	$22,584
Feb 2025	182	2,897	70.88	4.34	$25,476
Jan 2025	173	3,293	74.32	4.28	$26,947
Dec 2024	179	2,928	68.99	3.12	$21,489
Nov 2024	0	2,513	69.05	2.20	$5,525
Oct 2024	168	2,522	71.37	2.28	$17,744
Sep 2024	179	3,098	69.61	2.36	$19,785
Aug 2024	168	3,092	75.63	2.06	$19,087
Jul 2024	175	2,489	79.93	2.15	$19,331
Jun 2024	181	2,294	78.08	2.63	$20,175
May 2024	302	3,505	78.81	2.20	$31,506
Apr 2024	348	3,497	84.45	1.66	$35,191
Mar 2024	171	3,384	80.30	1.55	$18,960
Feb 2024	179	3,263	76.09	1.78	$19,440
Jan 2024	173	2,956	73.02	3.30	$22,380
Dec 2023	175	2,740	71.26	2.61	$19,624
Nov 2023	181	2,855	77.89	2.81	$22,114
Oct 2023	180	3,375	85.44	3.09	$25,799
Sep 2023	179	2,221	89.04	2.74	$22,013
Aug 2023	166	2,807	80.52	2.67	$20,869
Jul 2023	0	2,520	74.85	2.64	$6,657
Jun 2023	173	2,927	68.96	2.26	$18,541
May 2023	176	2,987	70.62	2.23	$19,082
Apr 2023	179	3,815	78.12	2.24	$22,521
Mar 2023	349	3,513	72.85	2.39	$33,832
Feb 2023	174	3,403	75.11	2.47	$21,460
Jan 2023	181	4,337	76.53	3.39	$28,544
Dec 2022	361	3,773	76.41	5.73	$49,200
Nov 2022	182	4,746	85.00	5.65	$42,267
Oct 2022	355	4,769	87.18	5.86	$58,913
Sep 2022	177	3,096	84.88	8.16	$40,299
Aug 2022	178	4,215	94.52	9.13	$55,296
Jul 2022	360	4,629	101.58	7.54	$71,481
Jun 2022	174	3,269	115.09	7.98	$46,103
May 2022	170	4,273	109.37	8.43	$54,627
Apr 2022	359	4,529	104.22	6.84	$68,382
Mar 2022	356	4,509	108.88	5.08	$61,651
Feb 2022	0	5,408	91.05	4.86	$26,277
Jan 2022	328	2,517	81.84	4.54	$38,265
Dec 2021	174	4,215	71.32	3.90	$28,844
Nov 2021	362	4,704	77.43	5.24	$52,664
Oct 2021	180	5,127	79.79	5.71	$43,657
Sep 2021	176	4,464	69.86	5.35	$36,182
Aug 2021	360	4,953	66.02	4.22	$44,672
Jul 2021	179	4,492	70.78	3.98	$30,557
Jun 2021	175	3,829	69.49	3.38	$25,105
May 2021	182	4,804	63.48	3.02	$26,050
Apr 2021	342	4,726	60.36	2.76	$33,679
Mar 2021	521	4,608	61.30	2.72	$44,457
Feb 2021	181	4,286	57.80	5.55	$34,240
Jan 2021	355	4,374	50.41	2.81	$30,188
Dec 2020	340	4,446	44.64	2.68	$27,073
Nov 2020	181	3,605	38.77	2.71	$16,775
Oct 2020	176	3,235	36.97	2.48	$14,524
Sep 2020	298	4,031	37.09	1.99	$19,079
Aug 2020	301	3,935	39.98	2.39	$21,419
Jul 2020	356	4,255	38.37	1.83	$21,426
Jun 2020	184	4,679	34.90	1.69	$14,331
May 2020	170	3,609	16.92	1.81	$9,426
Apr 2020	315	4,279	14.75	1.80	$12,367
Mar 2020	302	4,632	30.34	1.86	$17,761
Feb 2020	382	5,232	49.88	1.98	$29,417
Jan 2020	383	6,342	57.25	2.09	$35,212
Dec 2019	181	4,989	59.01	2.30	$22,177
Nov 2019	420	4,711	55.30	2.75	$36,185
Oct 2019	188	5,173	53.47	2.42	$22,563
Sep 2019	346	5,242	55.05	2.66	$32,977
Aug 2019	174	4,255	53.11	2.30	$19,046
Jul 2019	347	5,344	56.27	2.46	$32,672
Jun 2019	296	5,151	52.78	2.49	$28,455
May 2019	334	5,978	58.48	2.74	$35,914
Apr 2019	502	5,796	62.63	2.75	$47,383
Mar 2019	370	6,346	56.80	3.06	$40,448
Feb 2019	333	5,587	50.85	2.79	$32,533
Jan 2019	382	6,083	46.03	3.23	$37,220
Dec 2018	387	8,696	46.59	4.19	$54,427
Nov 2018	325	6,002	52.93	4.24	$42,634
Oct 2018	376	6,058	61.44	3.40	$43,687
Sep 2018	372	5,799	59.54	3.11	$40,172
Aug 2018	550	5,951	59.40	3.07	$50,919
Jul 2018	327	5,895	65.14	2.93	$38,584
Jun 2018	375	5,269	60.18	3.08	$38,780
May 2018	363	5,937	65.38	2.90	$40,955
Apr 2018	371	6,532	63.84	2.90	$42,633
Mar 2018	372	6,902	61.22	2.79	$42,009
Feb 2018	375	5,481	61.78	2.77	$38,329
Jan 2018	388	6,651	62.87	4.01	$51,060
Dec 2017	563	6,598	57.27	2.92	$51,519
Nov 2017	220	4,962	55.42	3.12	$27,666
Oct 2017	554	6,095	49.29	2.98	$45,492
Sep 2017	369	6,052	47.52	3.09	$36,219
Aug 2017	421	5,483	45.37	3.00	$35,574
Jul 2017	378	5,168	43.87	3.09	$32,538
Jun 2017	437	5,293	42.49	3.09	$34,909
May 2017	472	5,497	45.37	3.26	$39,354
Apr 2017	563	6,104	47.93	3.21	$46,588
Mar 2017	376	5,719	46.77	2.98	$34,649
Feb 2017	370	5,838	50.45	2.95	$35,904
Jan 2017	383	6,030	49.41	3.42	$39,539
Dec 2016	381	7,344	48.76	3.72	$45,918
Nov 2016	468	6,713	42.49	2.64	$37,637
Oct 2016	492	7,415	46.19	3.09	$45,640
Sep 2016	645	7,479	41.55	3.10	$49,989
Aug 2016	583	7,315	41.44	2.92	$45,551
Jul 2016	378	6,879	41.62	2.92	$35,849
Jun 2016	563	7,183	45.35	2.69	$44,824
May 2016	569	7,366	42.52	1.99	$38,860
Apr 2016	556	6,979	36.56	1.99	$34,223
Mar 2016	561	6,779	33.01	1.79	$30,680
Feb 2016	565	6,510	26.47	2.06	$28,390
Jan 2016	363	6,893	27.35	2.36	$26,226
Dec 2015	789	9,087	32.36	2.00	$43,719
Nov 2015	961	9,226	38.79	2.17	$57,273
Oct 2015	379	6,542	43.55	2.43	$32,380
Sep 2015	564	7,361	42.99	2.76	$44,551
Aug 2015	379	7,850	40.16	2.87	$37,770
Jul 2015	544	8,279	48.15	2.95	$50,576
Jun 2015	562	7,604	56.15	2.88	$53,478
May 2015	576	9,385	55.21	2.96	$59,538
Apr 2015	739	9,050	49.82	2.71	$61,311
Mar 2015	773	10,559	42.89	2.93	$64,142
Feb 2015	776	7,732	44.66	2.98	$57,668
Jan 2015	772	10,046	43.43	3.10	$64,677
Dec 2014	695	11,190	54.69	3.59	$78,197
Nov 2014	751	10,677	70.46	4.25	$98,312
Oct 2014	568	12,170	78.30	3.90	$91,949
Sep 2014	925	12,029	86.16	4.05	$128,361
Aug 2014	695	12,124	89.39	4.04	$111,048
Jul 2014	892	12,538	96.56	4.18	$138,535
Jun 2014	929	12,513	98.16	4.74	$150,463
May 2014	1,156	13,932	94.73	4.73	$175,358
Apr 2014	763	13,429	95.94	4.81	$137,784
Mar 2014	1,001	14,608	95.89	5.06	$169,856
Feb 2014	1,075	14,038	97.40	6.19	$191,628
Jan 2014	1,119	13,246	90.40	4.86	$165,543
Dec 2013	1,152	16,986	91.82	4.35	$179,742
Nov 2013	1,532	17,538	88.85	3.74	$201,680
Oct 2013	963	16,918	97.42	3.78	$157,755
Sep 2013	1,481	17,576	104.11	3.72	$219,530
Aug 2013	1,137	17,920	104.25	3.52	$181,657
Jul 2013	1,561	18,309	102.52	3.72	$228,102
Jun 2013	1,680	16,223	94.40	3.93	$222,404
May 2013	1,886	18,645	94.83	4.15	$256,209
Apr 2013	1,972	20,796	93.96	4.28	$274,350
Mar 2013	2,022	21,922	93.62	3.91	$275,078
Feb 2013	1,551	20,816	91.23	3.42	$212,687
Jan 2013	2,306	22,256	91.60	3.42	$287,343
Dec 2012	2,052	23,289	86.77	3.42	$257,704
Nov 2012	2,452	26,913	86.95	3.62	$310,760
Oct 2012	2,821	31,249	89.38	3.40	$358,378
Sep 2012	3,334	33,916	94.67	2.92	$414,610
Aug 2012	3,680	37,225	92.66	2.91	$449,245
Jul 2012	4,312	43,358	85.13	3.02	$498,056
Jun 2012	5,357	46,065	79.82	2.52	$543,635
May 2012	6,935	49,446	91.61	2.49	$758,353
Apr 2012	9,948	56,816	101.65	2.00	$1,124,664
Mar 2012	18,915	87,645	105.05	2.22	$2,181,775

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                3,700 Mcf  × $  3.05 =    $11,270

────────────────────────────────────────────────────
Month total                                  $11,270

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/266783 is the state's own key, not one this site invented.