SOONER GAS UNIT

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 73228District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – Jul 2019
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
319
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
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
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

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.

ProgrammeFilingsWith an approval dateDatedDocket
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
CondensateDisposition1,916 bbl$62,731
GasProduction1,372,215 Mcf$4,061,472
Total$4,124,203

477,999 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2947, -94.6979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.29473, -94.69786 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,578 ft
1 wells filed one
Completion to plug
41.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,578 ft.

Completions filed
Sep 1977
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 41.8 years across the 1 well that filed both dates, with the middle half between 41.8 years and 41.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40130579110,578 ftSep 1977Jul 2019Yes

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 (319)

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

319 months

Jul 2019041556.272.46$1,021
Jun 2019070952.782.49$1,766
May 2019074158.482.74$2,031
Apr 2019067862.632.75$1,865
Mar 2019072656.803.06$2,223
Feb 2019064850.852.79$1,809
Jan 2019074746.033.23$2,411
Dec 2018074646.594.19$3,122
Nov 2018065452.934.24$2,771
Oct 2018063161.443.40$2,144
Sep 2018062059.543.11$1,927
Aug 2018073759.403.07$2,260
Jul 2018079565.142.93$2,331
Jun 2018090060.183.08$2,769
May 2018078565.382.90$2,277
Apr 2018077463.842.90$2,245
Mar 2018081361.222.79$2,266
Feb 2018067761.782.77$1,873
Jan 2018078162.874.01$3,131
Dec 20171786457.272.92$3,498
Nov 2017089355.423.12$2,785
Oct 201701,07249.292.98$3,199
Sep 201701,00547.523.09$3,103
Aug 201701,15445.373.00$3,467
Jul 201701,14043.873.09$3,520
Jun 201701,19442.493.09$3,686
May 2017064345.373.26$2,098
Apr 2017079847.933.21$2,563
Mar 2017077046.772.98$2,297
Feb 2017066850.452.95$1,972
Jan 2017067349.413.42$2,301
Dec 2016070948.763.72$2,639
Nov 2016078642.492.64$2,078
Oct 2016089046.193.09$2,750
Sep 2016080341.553.10$2,490
Aug 201601,01541.442.92$2,968
Jul 2016099741.622.92$2,916
Jun 201601,04245.352.69$2,799
May 2016082342.521.99$1,639
Apr 2016368936.561.99$1,482
Mar 2016081333.011.79$1,459
Feb 2016073926.472.06$1,525
Jan 2016061127.352.36$1,445
Dec 2015064432.362.00$1,289
Nov 2015086938.792.17$1,883
Oct 2015099743.552.43$2,419
Sep 201551,17842.992.76$3,464
Aug 201501,06240.162.87$3,051
Jul 201501,01548.152.95$2,989
Jun 201501,04956.152.88$3,024
May 201511,05355.212.96$3,167
Apr 201501,12449.822.71$3,042
Mar 201501,21542.892.93$3,566
Feb 201561,11244.662.98$3,577
Jan 201501,18943.433.10$3,687
Dec 201411,16154.693.59$4,224
Nov 201461,08670.464.25$5,040
Oct 201411,16978.303.90$4,639
Sep 2014058686.164.05$2,371
Aug 2014072989.394.04$2,942
Jul 2014074896.564.18$3,126
Jun 2014380398.164.74$4,098
May 2014072594.734.73$3,427
Apr 2014052595.944.81$2,525
Mar 2014069895.895.06$3,530
Feb 2014057397.406.19$3,548
Jan 2014071490.404.86$3,471
Dec 2013571791.824.35$3,581
Nov 2013077988.853.74$2,912
Oct 2013486297.423.78$3,647
Sep 20130532104.113.72$1,978
Aug 20130788104.253.52$2,776
Jul 20130818102.523.72$3,041
Jun 2013075894.403.93$2,982
May 2013480394.834.15$3,711
Apr 201341,08393.964.28$5,014
Mar 2013097593.623.91$3,815
Feb 201301,01391.233.42$3,464
Jan 201301,14591.603.42$3,916
Dec 201201,18586.773.42$4,053
Nov 201201,18786.953.62$4,303
Oct 201201,22389.383.40$4,158
Sep 201201,22594.672.92$3,575
Aug 201251,31092.662.91$4,273
Jul 201201,39485.133.02$4,211
Jun 201251,38879.822.52$3,896
May 201201,31491.612.49$3,270
Apr 201201,317101.652.00$2,630
Mar 201251,399105.052.22$3,634
Feb 201201,340101.102.57$3,444
Jan 201201,40898.092.73$3,850
Dec 201101,34496.873.24$4,354
Nov 201161,40695.723.31$5,230
Oct 201101,60684.983.65$5,860
Sep 201101,60583.623.99$6,397
Aug 201151,60683.404.15$7,081
Jul 201111,77694.144.52$8,117
Jun 201151,70192.904.64$8,357
May 201111,77198.134.40$7,899
Apr 201112,132105.964.33$9,345
Mar 201181,71196.364.06$7,713
Feb 201112,01685.644.18$8,512
Jan 201111,85386.504.59$8,590
Dec 201021,91085.734.35$8,476
Nov 201072,09680.843.80$8,521
Oct 201012,12378.103.51$7,527
Sep 201082,25872.633.98$9,567
Aug 201012,42173.684.42$10,773
Jul 201082,18272.554.74$10,915
Jun 201082,13070.364.91$11,022
May 201012,13471.124.24$9,109
Apr 201092,90881.694.12$12,724
Mar 201012,60478.394.39$11,506
Feb 201002,57973.585.44$14,036
Jan 2010132,03274.365.96$13,086
Dec 200902,70671.445.48$14,839
Nov 200972,54874.593.75$10,081
Oct 200903,23572.544.11$13,297
Sep 2009113,49365.543.06$11,426
Aug 200904,02367.423.22$12,948
Jul 2009114,07161.133.46$14,776
Jun 200904,25266.163.90$16,562
May 200904,64054.743.93$18,215
Apr 2009245,89446.773.59$22,267
Mar 200905,69142.144.06$23,100
Feb 200994,13832.814.63$19,467
Jan 200984,19835.865.37$22,834
Dec 200805,24237.105.98$31,332
Nov 200802,30955.496.86$15,841
Oct 200862,37675.246.92$16,898
Sep 200802,296101.767.88$18,086
Aug 200802,352114.228.48$19,952
Jul 200802,351131.0811.39$26,777
Jun 200872,289131.3313.03$30,751
May 200802,579123.1711.57$29,850
Apr 200872,686110.3110.45$28,854
Mar 200872,710101.909.66$26,903
Feb 200802,74192.538.77$24,040
Jan 200805,84890.388.21$47,987
Dec 2007152,87188.337.30$22,289
Nov 200702,99791.677.29$21,853
Oct 200703,96482.856.92$27,439
Sep 2007202,94975.846.24$19,931
Aug 200763,11169.066.39$20,287
Jul 200763,50870.906.39$22,834
Jun 200783,37462.007.55$25,964
May 2007124,34458.747.85$34,789
Apr 2007125,55059.617.81$44,034
Mar 200706,81556.927.30$49,763
Feb 200705,46155.108.22$44,868
Jan 2007374,49850.306.73$32,118
Dec 2006225,25656.656.92$37,610
Nov 200625,49454.207.62$41,959
Oct 2006104,10554.906.01$25,236
Sep 200632,45660.085.04$12,552
Aug 200612,83768.717.34$20,892
Jul 2006493,33969.376.34$24,578
Jun 2006154,17366.286.38$27,634
May 200603,70466.016.42$23,798
Apr 200604,23764.397.36$31,186
Mar 200624,89856.707.08$34,806
Feb 2006372,38857.597.75$20,641
Jan 200603,29960.598.93$29,471
Dec 200503,48754.9413.42$46,780
Nov 200504,05854.6910.59$42,968
Oct 200504,92158.3413.80$67,889
Sep 200552,83461.4512.08$34,539
Aug 200505,05461.519.80$49,513
Jul 200585,06655.697.84$40,181
Jun 200504,28952.337.38$31,657
May 200511,52945.226.65$10,215
Apr 200563,20349.207.36$23,871
Mar 200523,31450.377.15$23,812
Feb 200583,75045.226.31$24,031
Jan 200583,95543.166.32$25,350
Dec 200424,67139.866.75$31,614
Nov 200405,04345.286.33$31,924
Oct 2004163,95549.706.52$26,562
Sep 200404,45043.245.28$23,513
Aug 200405,35242.375.55$29,707
Jul 200406,25538.286.08$38,057
Jun 2004153,60636.106.43$23,739
May 2004155,24637.486.49$34,633
Apr 2004117,69234.475.86$45,442
Mar 2004202,76934.365.53$16,000
Feb 2004104,26732.455.51$23,834
Jan 200405,34132.036.30$33,646
Dec 2003105,34930.266.30$34,010
Nov 200395,01928.804.60$23,322
Oct 200385,93428.174.76$28,469
Sep 2003114,95626.314.75$23,827
Aug 2003185,70029.765.13$29,775
Jul 200305,63629.415.17$29,143
Jun 200304,41528.565.98$26,415
May 2003125,54126.595.97$33,414
Apr 200305,95126.675.41$32,179
Mar 200307,16231.146.10$43,660
Feb 2003174,36233.487.93$35,142
Jan 200308,25330.315.58$46,069
Dec 200202,54226.914.85$12,338
Nov 200202,80124.664.14$11,588
Oct 200202,39126.464.23$10,112
Sep 200206,42127.443.64$23,342
Aug 200203,07325.963.16$9,723
Jul 2002103,62324.583.06$11,339
Jun 200204,29123.733.34$14,324
May 200234,80024.663.58$17,277
Apr 200215,34623.653.51$18,801
Mar 2002177,23222.003.10$22,813
Feb 2002145,99018.222.38$14,485
Jan 200204,31717.172.38$10,256
Dec 200185,02116.932.36$12,007
Nov 200106,43018.072.41$15,467
Oct 200105,39719.782.53$13,648
Sep 200106,44124.262.25$14,501
Aug 200108,09524.873.05$24,715
Jul 2001134,92723.933.20$16,063
Jun 2001146,37424.563.82$24,719
May 200109,02825.524.31$38,886
Apr 200107,93324.685.34$42,325
Mar 200103,18324.545.38$17,113
Feb 200103,90327.755.77$22,509
Jan 200104,54227.478.40$38,147
Dec 200003,20326.889.12$29,219
Nov 200002,92632.215.66$16,555
Oct 2000388,52331.235.15$45,042
Sep 200003,03931.875.19$15,762
Aug 200008,00429.644.54$36,344
Jul 200007,83428.534.09$32,039
Jun 200006,27029.304.40$27,571
May 200002,84627.263.68$10,473
Apr 2000253,46224.513.12$11,400
Mar 200003,05028.422.86$8,722
Feb 200005,00927.622.73$13,657
Jan 200003,88125.272.48$9,627
Dec 199903,11624.282.42$7,552
Nov 199903,38423.192.43$8,237
Oct 199903,13020.982.80$8,776
Sep 199903,73221.752.62$9,774
Aug 199904,78919.262.88$13,771
Jul 199907,53517.892.37$17,876
Jun 199936,62815.942.36$15,704
May 199924,19915.792.32$9,778
Apr 1999105,57615.102.21$12,463
Mar 199952,46912.471.84$4,601
Feb 1999107,0899.981.82$12,986
Jan 199945,90510.381.90$11,261
Dec 199856,9009.201.77$12,282
Nov 1998293,34310.892.19$7,623
Oct 1998114,24712.421.97$8,500
Sep 1998104,56312.592.08$9,629
Aug 1998424,99311.301.91$9,998
Jul 199867,24111.742.24$16,271
Jun 199846,41711.242.24$14,402
May 1998511,18512.622.21$24,741
Apr 199887,07813.042.51$17,837
Mar 1998258,85912.802.31$20,779
Feb 199849,36413.952.30$21,585
Jan 1998406,68714.702.15$14,997
Dec 199706,61316.322.41$15,945
Nov 1997105,55218.193.09$17,328
Oct 199747,35719.253.15$23,250
Sep 199703,71517.742.95$10,977
Aug 199748,80517.862.55$22,566
Jul 199757,93317.582.25$17,913
Jun 19974510,23717.242.26$23,883
May 199708,01818.972.31$18,510
Apr 1997011,41717.882.08$23,779
Mar 1997427,91918.951.94$16,152
Feb 199716,43220.492.21$14,209
Jan 199716,70123.483.54$23,743
Dec 199606,01823.32$0
Nov 199615,77621.97$22
Oct 199606,17123.31$0
Sep 199608,32722.22$0
Aug 199607,55220.26$0
Jul 199609,71219.55$0
Jun 199608,88518.73$0
May 1996386,86919.43$738
Apr 199627,82621.51$43
Mar 199617,56419.38$19
Feb 1996406,98216.98$679
Jan 199607,84717.07$0
Dec 199519,55817.19$17
Nov 199559,68316.00$80
Oct 1995110,50315.43$15
Sep 199509,90816.18$0
Aug 19954410,48715.92$700
Jul 1995210,49915.24$30
Jun 19956910,99716.41$1,132
May 1995411,92617.56$70
Apr 1995110,55117.73$18
Mar 1995110,88116.44$16
Feb 19955710,87816.58$945
Jan 1995611,93015.92$96
Dec 1994316,94515.03$45
Nov 19942514,12215.90$398
Oct 1994016,93115.58$0
Sep 1994017,95715.29$0
Aug 19947517,34116.13$1,210
Jul 19943511,72117.56$615
Jun 199408,14517.09$0
May 1994011,69315.88$0
Apr 199407,28514.14$0
Mar 199410410,21112.46$1,296
Feb 19943912,95512.50$488
Jan 1994012,06112.66$0
Dec 199305,93012.33$0
Nov 1993556,43714.49$797
Oct 199336,84415.85$48
Sep 199317,78015.03$15
Aug 199317,63615.66$16
Jul 199357,39815.46$77
Jun 199308,20316.79$0
May 19934410,48417.68$778
Apr 1993468,99418.05$830
Mar 1993011,26018.14$0
Feb 199309,78317.90$0
Jan 1993012,55316.93$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.

Jul 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.27 =         $0
Gas                  415 Mcf  × $  2.46 =     $1,021

────────────────────────────────────────────────────
Month total                                   $1,021

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/73228 is the state's own key, not one this site invented.