SUN KING 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 286367District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$17.0 M
Feb 2019 – May 2026
Value, last 12 filed months
$937 k
at the published price for each month
Months reported
88
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
NGPA2none
ST-1322019-11-273 dockets

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
GasProduction5,671,067 Mcf$17,003,509
Total$17,003,509

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 31.5038, -94.3305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50381, -94.33046 · 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
13,337 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 13,337 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-347333823HB13,337 ftFeb 2019

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 (88)

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

88 months

May 202619,629106.413.05$59,787
Apr 202614,58298.932.87$41,846
Mar 202619,90389.753.15$62,683
Feb 202616,84463.503.75$63,170
Jan 202620,68459.138.00$165,429
Dec 202521,04256.664.41$92,866
Nov 202519,46558.593.93$76,428
Oct 202522,04659.383.30$72,859
Sep 202522,60962.743.08$69,566
Aug 202523,85463.933.01$71,914
Jul 202524,78366.743.32$82,161
Jun 202525,13366.483.13$78,634
May 202520,34860.553.23$65,771
Apr 202520,07362.363.54$71,121
Mar 202521,03567.704.27$89,784
Feb 202519,49370.884.34$84,616
Jan 202521,97074.324.28$94,003
Dec 202421,59268.993.12$67,397
Nov 202420,82969.052.20$45,791
Oct 202422,60871.372.28$51,578
Sep 202421,93469.612.36$51,860
Aug 202423,50275.632.06$48,499
Jul 202418,60279.932.15$39,931
Jun 202422,89978.082.63$60,316
May 202423,86178.812.20$52,457
Apr 202422,93884.451.66$38,059
Mar 202424,32580.301.55$37,585
Feb 202422,55676.091.78$40,232
Jan 202423,00973.023.30$75,876
Dec 202320,38271.262.61$53,212
Nov 202320,37477.892.81$57,201
Oct 202328885.443.09$889
Sep 2023789.042.74$19
Aug 202312,55280.522.67$33,550
Jul 202321,12974.852.64$55,819
Jun 202324,20668.962.26$54,669
May 202329,01070.622.23$64,617
Apr 202327,00778.122.24$60,435
Mar 202325,18072.852.39$60,260
Feb 202321,16775.112.47$52,191
Jan 202324,57676.533.39$83,257
Dec 202224,58676.415.73$140,855
Nov 202228,51685.005.65$161,007
Oct 202221,71987.185.86$127,355
Sep 202227,50084.888.16$224,501
Aug 202237,19694.529.13$339,494
Jul 202236,634101.587.54$276,297
Jun 202235,808115.097.98$285,648
May 202234,047109.378.43$287,120
Apr 202235,610104.226.84$243,487
Mar 202232,383108.885.08$164,389
Feb 202223,27291.054.86$113,075
Jan 202258,16881.844.54$263,948
Dec 202158,76971.323.90$229,147
Nov 202156,69377.435.24$296,893
Oct 202158,57979.795.71$334,713
Sep 202149,15969.865.35$263,046
Aug 202149,22666.024.22$207,763
Jul 202151,07270.783.98$203,373
Jun 202152,08969.493.38$176,093
May 202156,50563.483.02$170,513
Apr 202159,82660.362.76$165,025
Mar 202164,60261.302.72$175,520
Feb 202162,79057.805.55$348,356
Jan 202169,04550.412.81$194,035
Dec 202076,52844.642.68$204,748
Nov 202077,19638.772.71$208,936
Oct 202094,74336.972.48$234,814
Sep 202057,36837.091.99$114,222
Aug 202083,08039.982.39$198,154
Jul 202091,18938.371.83$166,431
Jun 2020121,86534.901.69$205,990
May 202094,30516.921.81$171,140
Apr 2020123,35914.751.80$222,587
Mar 2020141,05030.341.86$261,821
Feb 2020146,08949.881.98$289,354
Jan 2020169,96457.252.09$356,030
Dec 2019186,84859.012.30$430,565
Nov 2019185,00155.302.75$508,882
Oct 2019213,72353.472.42$516,898
Sep 2019219,71155.052.66$583,834
Aug 2019232,06753.112.30$534,766
Jul 2019258,95856.272.46$637,052
Jun 2019194,98252.782.49$485,739
May 2019281,51258.482.74$771,433
Apr 2019303,16762.632.75$833,921
Mar 2019247,86456.803.06$758,984
Feb 2019138,67850.852.79$387,219

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               19,629 Mcf  × $  3.05 =    $59,787

────────────────────────────────────────────────────
Month total                                  $59,787

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/286367 is the state's own key, not one this site invented.