MCSWAIN

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 281949District 06Field 671723802 tax incentive programmesCondensateGasSaveExport
Value, all time
$719 k
Nov 2016 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
115
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.

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 Gas112020-04-04221113
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
CondensateDisposition1,159 bbl$58,101
GasProduction207,107 Mcf$660,442
Total$718,543

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 31.7186, -94.3036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71858, -94.30355 · 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
12,460 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 12,460 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-41931269612,460 ftNov 2016

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 (115)

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

115 months

May 2026037106.413.05$113
Apr 2026114998.932.87$527
Mar 202619189.753.15$376
Feb 2026011163.503.75$416
Jan 202606559.138.00$520
Dec 202519356.664.41$467
Nov 2025114458.593.93$624
Oct 2025029059.383.30$958
Sep 2025017562.743.08$538
Aug 2025027663.933.01$832
Jul 2025022766.743.32$753
Jun 202501666.483.13$50
May 2025022960.553.23$740
Apr 2025033462.363.54$1,183
Mar 2025019167.704.27$815
Feb 2025041070.884.34$1,780
Jan 2025017174.324.28$732
Dec 2024038868.993.12$1,211
Nov 2024038369.052.20$842
Oct 2024023571.372.28$536
Sep 2024030069.612.36$709
Aug 2024037475.632.06$772
Jul 2024036679.932.15$786
Jun 2024035078.082.63$922
May 2024034878.812.20$765
Apr 2024030184.451.66$499
Mar 2024055380.301.55$854
Feb 2024036576.091.78$651
Jan 2024137073.023.30$1,293
Dec 2023038671.262.61$1,008
Nov 2023072577.892.81$2,035
Oct 2023011985.443.09$367
Sep 2023017489.042.74$476
Aug 2023067180.522.67$1,794
Jul 2023013474.852.64$354
Jun 2023243268.962.26$1,114
May 2023187670.622.23$2,022
Apr 202311,27978.122.24$2,940
Mar 2023087272.852.39$2,087
Feb 202311,54775.112.47$3,890
Jan 2023062576.533.39$2,117
Dec 20220076.415.73$0
Nov 202206985.005.65$390
Oct 202209087.185.86$528
Sep 202203284.888.16$261
Aug 2022014394.529.13$1,305
Jul 20221342101.587.54$2,681
Jun 20221883115.097.98$7,159
May 20220160109.378.43$1,349
Apr 2022064104.226.84$438
Mar 20220579108.885.08$2,939
Feb 202203291.054.86$155
Jan 202206681.844.54$299
Dec 2021045671.323.90$1,778
Nov 2021046477.435.24$2,430
Oct 2021012179.795.71$691
Sep 2021010169.865.35$540
Aug 2021099566.024.22$4,199
Jul 2021022470.783.98$892
Jun 202104269.493.38$142
May 20210163.483.02$3
Apr 202113060.362.76$143
Mar 2021085061.302.72$2,309
Feb 202117657.805.55$479
Jan 2021019450.412.81$545
Dec 2020148344.642.68$1,337
Nov 2020184038.772.71$2,312
Oct 2020076936.972.48$1,906
Sep 2020376837.091.99$1,640
Aug 202021,28739.982.39$3,150
Jul 2020141638.371.83$798
Jun 202011,45534.901.69$2,494
May 202001216.921.81$22
Apr 2020118714.751.80$352
Mar 2020165330.341.86$1,242
Feb 2020162649.881.98$1,290
Jan 2020294857.252.09$2,100
Dec 2019216759.012.30$503
Nov 201931,55155.302.75$4,432
Oct 201921,50853.472.42$3,754
Sep 2019194255.052.66$2,558
Aug 201921,24353.112.30$2,971
Jul 2019111,02256.272.46$3,133
Jun 201981,89952.782.49$5,153
May 2019121,43258.482.74$4,626
Apr 2019111,47262.632.75$4,738
Mar 201931,30556.803.06$4,166
Feb 2019121,39850.852.79$4,514
Jan 2019171,83346.033.23$6,700
Dec 2018142,89846.594.19$12,782
Nov 201872,81452.934.24$12,294
Oct 2018112,40961.443.40$8,862
Sep 2018122,44059.543.11$8,298
Aug 2018192,70859.403.07$9,433
Jul 201872,88065.142.93$8,900
Jun 201883,03160.183.08$9,808
May 201803,11965.382.90$9,048
Apr 201873,37763.842.90$10,243
Mar 201883,57161.222.79$10,442
Feb 2018383,52761.782.77$12,104
Jan 201884,12862.874.01$17,053
Dec 2017324,72557.272.92$15,637
Nov 2017255,17355.423.12$17,517
Oct 2017515,88149.292.98$20,061
Sep 2017645,80047.523.09$20,948
Aug 2017945,96145.373.00$22,174
Jul 2017396,21343.873.09$20,892
Jun 2017606,97242.493.09$24,074
May 2017498,17745.373.26$28,908
Apr 2017698,96847.933.21$32,109
Mar 20177810,55846.772.98$35,150
Feb 201710111,36750.452.95$38,658
Jan 201713817,99649.413.42$68,343
Dec 201610827,00248.763.72$105,790
Nov 20160042.492.64$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                   37 Mcf  × $  3.05 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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/281949 is the state's own key, not one this site invented.