PALMER UNIT

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

Gas lease lease 275827District 06Field 67172380CondensateGasSaveExport
Value, all time
$1.9 M
Nov 2014 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
139
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1998-08-26
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2007-11-20.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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
CondensateDisposition2,756 bbl$153,646
GasProduction597,410 Mcf$1,762,938
Total$1,916,584

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 31.7557, -94.2525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75573, -94.25254 · 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
12,345 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 12,345 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-41931140112,345 ftNov 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 (139)

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

139 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202603389.753.15$104
Feb 202609263.503.75$345
Jan 2026018159.138.00$1,448
Dec 202501656.664.41$71
Nov 20250058.593.93$0
Oct 202502259.383.30$73
Sep 2025018562.743.08$569
Aug 2025011963.933.01$359
Jul 2025021866.743.32$723
Jun 2025127466.483.13$924
May 2025121460.553.23$752
Apr 202509362.363.54$330
Mar 2025114167.704.27$670
Feb 202549870.884.34$709
Jan 202501,15974.324.28$4,959
Dec 202431,74168.993.12$5,641
Nov 202431,57069.052.20$3,659
Oct 202451,77271.372.28$4,399
Sep 202461,85569.612.36$4,804
Aug 202401,86975.632.06$3,857
Jul 2024131,66279.932.15$4,607
Jun 2024171,42178.082.63$5,070
May 202481,57678.812.20$4,095
Apr 202461,38884.451.66$2,810
Mar 20241758680.301.55$2,271
Feb 2024141,22276.091.78$3,245
Jan 2024281,12973.023.30$5,768
Dec 202371,69271.262.61$4,916
Nov 2023121,17077.892.81$4,220
Oct 2023521,91285.443.09$10,346
Sep 2023121,34589.042.74$4,747
Aug 2023111,77380.522.67$5,625
Jul 2023112,42474.852.64$7,227
Jun 2023342,32368.962.26$7,591
May 202382,36870.622.23$5,839
Apr 202392,17078.122.24$5,559
Mar 202382,10672.852.39$5,623
Feb 2023171,15675.112.47$4,127
Jan 2023740676.533.39$1,911
Dec 202291,77876.415.73$10,874
Nov 2022102,37085.005.65$14,231
Oct 202292,43287.185.86$15,045
Sep 202292,45384.888.16$20,789
Aug 2022182,52994.529.13$24,784
Jul 2022182,409101.587.54$19,997
Jun 2022212,223115.097.98$20,150
May 2022102,053109.378.43$18,407
Apr 2022950104.226.84$1,280
Mar 2022302,360108.885.08$15,247
Feb 202291,74691.054.86$9,303
Jan 2022171,18481.844.54$6,764
Dec 20211091771.323.90$4,289
Nov 2021324877.435.24$1,531
Oct 20211691779.795.71$6,516
Sep 202191,08669.865.35$6,440
Aug 202191,79266.024.22$8,157
Jul 202182,35670.783.98$9,948
Jun 2021182,46469.493.38$9,581
May 202192,71963.483.02$8,776
Apr 2021222,51060.362.76$8,252
Mar 202102,16661.302.72$5,885
Feb 2021101,74757.805.55$10,270
Jan 202162,67350.412.81$7,814
Dec 202062,57944.642.68$7,168
Nov 2020122,98838.772.71$8,552
Oct 202053,12536.972.48$7,930
Sep 2020193,28537.091.99$7,245
Aug 2020193,20739.982.39$8,409
Jul 2020142,98038.371.83$5,976
Jun 2020173,80834.901.69$7,030
May 2020183,65816.921.81$6,943
Apr 2020283,26814.751.80$6,310
Mar 2020423,36230.341.86$7,515
Feb 2020623,01949.881.98$9,072
Jan 2020513,62257.252.09$10,507
Dec 20196110459.012.30$3,839
Nov 2019763,87355.302.75$14,856
Oct 2019553,81353.472.42$12,163
Sep 2019322,90355.052.66$9,476
Aug 201953,66453.112.30$8,709
Jul 2019363,02456.272.46$9,465
Jun 2019234,24652.782.49$11,792
May 2019354,38958.482.74$14,074
Apr 2019344,40662.632.75$14,249
Mar 2019104,45156.803.06$14,197
Feb 2019293,78450.852.79$12,040
Jan 2019314,29446.033.23$15,289
Dec 2018183,92946.594.19$17,283
Nov 2018103,58152.934.24$15,703
Oct 2018203,88261.443.40$14,420
Sep 2018163,61559.543.11$12,188
Aug 2018263,85959.403.07$13,378
Jul 201884,00565.142.93$12,263
Jun 201883,90460.183.08$12,494
May 201803,90965.382.90$11,339
Apr 201853,66163.842.90$10,939
Mar 201842,93861.222.79$8,433
Feb 2018161,65061.782.77$5,553
Jan 201821,62762.874.01$6,649
Dec 2017161,25557.272.92$4,583
Nov 2017143,29455.423.12$11,048
Oct 2017393,07949.292.98$11,109
Sep 2017494,68547.523.09$16,792
Aug 2017704,46645.373.00$16,594
Jul 201704,25943.873.09$13,149
Jun 2017415,05942.493.09$17,361
May 2017315,43945.373.26$19,156
Apr 201705,46847.933.21$17,561
Mar 201705,80246.772.98$17,311
Feb 201705,33650.452.95$15,755
Jan 201706,00149.413.42$20,516
Dec 201606,13148.763.72$22,825
Nov 201605,32042.492.64$14,068
Oct 201606,67946.193.09$20,640
Sep 201606,35841.553.10$19,714
Aug 201607,85741.442.92$22,977
Jul 201608,14041.622.92$23,804
Jun 201607,81045.352.69$20,976
May 201608,43542.521.99$16,794
Apr 2016011,02036.561.99$21,941
Mar 2016011,98733.011.79$21,505
Feb 2016011,35126.472.06$23,424
Jan 2016011,64627.352.36$27,535
Dec 2015011,60832.362.00$23,232
Nov 2015013,18238.792.17$28,570
Oct 2015014,48143.552.43$35,139
Sep 2015014,36142.992.76$39,614
Aug 2015015,61940.162.87$44,865
Jul 2015016,61748.152.95$48,938
Jun 20157417,41456.152.88$54,357
May 201517020,02955.212.96$68,580
Apr 201520520,61149.822.71$65,998
Mar 201520722,51342.892.93$74,947
Feb 201522322,21344.662.98$76,069
Jan 201516025,64043.433.10$86,449
Dec 2014012,24454.693.59$43,973
Nov 201404,92670.464.25$20,945

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   33 Mcf  × $  3.15 =       $104

────────────────────────────────────────────────────
Month total                                     $104

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/275827 is the state's own key, not one this site invented.