SALLY RIDE

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 293543District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$30.5 M
Jul 2022 – May 2026
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
47
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
NGPA1none
ST-1112023-02-06231573

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
GasProduction10,436,271 Mcf$30,472,247
Total$30,472,247

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 31.6057, -94.2221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60568, -94.22213 · 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
12,989 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 12,989 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-405307551H12,989 ftNov 2022

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 (47)

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

47 months

May 202680,683106.413.05$245,748
Apr 202681,74998.932.87$234,597
Mar 202688,30689.753.15$278,114
Feb 202685,61963.503.75$321,099
Jan 202696,57559.138.00$772,399
Dec 2025104,24756.664.41$460,080
Nov 2025108,09458.593.93$424,425
Oct 2025122,20459.383.30$403,865
Sep 2025113,78362.743.08$350,101
Aug 2025128,53463.933.01$387,499
Jul 2025137,06866.743.32$454,408
Jun 2025138,95566.483.13$434,751
May 2025158,33860.553.23$511,799
Apr 2025167,32362.363.54$592,845
Mar 2025189,02267.704.27$806,806
Feb 2025174,92970.884.34$759,339
Jan 2025201,36174.324.28$861,559
Dec 2024204,03968.993.12$636,881
Nov 2024198,26169.052.20$435,865
Oct 2024197,33171.372.28$450,191
Sep 202434,08769.612.36$80,594
Aug 2024075.632.06$0
Jul 202450,26479.932.15$107,896
Jun 2024238,82378.082.63$629,055
May 2024272,32478.812.20$598,688
Apr 2024273,01184.451.66$452,980
Mar 2024289,18980.301.55$446,835
Feb 2024294,35376.091.78$525,020
Jan 2024335,81673.023.30$1,107,407
Dec 2023375,57471.262.61$980,519
Nov 2023355,35077.892.81$997,666
Oct 2023387,90785.443.09$1,197,578
Sep 2023402,00489.042.74$1,099,497
Aug 2023439,82080.522.67$1,175,586
Jul 2023475,61674.852.64$1,256,482
Jun 2023487,86168.962.26$1,101,824
May 2023519,54670.622.23$1,157,237
Apr 2023503,38478.122.24$1,126,453
Mar 2023522,93372.852.39$1,251,462
Feb 2023458,76875.112.47$1,131,175
Jan 2023501,29976.533.39$1,698,261
Dec 2022391,98776.415.73$2,245,725
Nov 202249,93485.005.65$281,937
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$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               80,683 Mcf  × $  3.05 =   $245,748

────────────────────────────────────────────────────
Month total                                 $245,748

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/293543 is the state's own key, not one this site invented.