CHADWICK UNIT

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 74811District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$4.1 M
Jan 1993 – Jan 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
289
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

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
NGPA2none

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
CondensateDisposition12,024 bbl$384,903
GasProduction1,401,981 Mcf$3,678,145
Total$4,063,048

575,261 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 32.2097, -94.3367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20969, -94.33670 · 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
9,600 ft
1 wells filed one
Completion to plug
14.8 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 9,600 ft.

Completions filed
Feb 2002
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653057739,600 ftFeb 2002Nov 2016Yes

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 (289)

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

289 months

Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 20142086.164.05$172
Aug 20145189.394.04$451
Jul 20141561896.564.18$4,031
Jun 2014162,15398.164.74$11,769
May 201482,70094.734.73$13,520
Apr 201472,50395.944.81$12,709
Mar 201471,64395.895.06$8,980
Feb 2014132,17097.406.19$14,703
Jan 201471,30890.404.86$6,991
Dec 201372,27591.824.35$10,549
Nov 2013132,65988.853.74$11,095
Oct 201362,24797.423.78$9,077
Sep 201372,352104.113.72$9,473
Aug 2013122,178104.253.52$8,923
Jul 2013152,380102.523.72$10,386
Jun 2013182,46294.403.93$11,383
May 2013312,70194.834.15$14,146
Apr 20131002,02893.964.28$18,081
Mar 2013552,07193.623.91$13,253
Feb 20131302,65591.233.42$20,940
Jan 2013471,57691.603.42$9,695
Dec 2012441,94386.773.42$10,463
Nov 2012321,32786.953.62$7,593
Oct 2012152,13889.383.40$8,609
Sep 2012251,64694.672.92$7,170
Aug 2012152,34092.662.91$8,195
Jul 2012132,60185.133.02$8,964
Jun 2012182,32479.822.52$7,291
May 2012243,29491.612.49$10,395
Apr 2012112,524101.652.00$6,158
Mar 2012192,687105.052.22$7,967
Feb 2012332,574101.102.57$9,952
Jan 2012372,83398.092.73$11,375
Dec 2011342,57296.873.24$11,626
Nov 2011362,81795.723.31$12,774
Oct 2011172,54084.983.65$10,712
Sep 2011342,60483.623.99$13,222
Aug 2011143,00883.404.15$13,649
Jul 2011302,94194.144.52$16,109
Jun 2011402,77192.904.64$16,573
May 2011173,15798.134.40$15,574
Apr 2011272,694105.964.33$14,535
Mar 2011252,56896.364.06$12,828
Feb 2011122,48085.644.18$11,394
Jan 2011392,89186.504.59$16,640
Dec 2010262,71385.734.35$14,024
Nov 2010202,79980.843.80$12,240
Oct 201042,05178.103.51$7,509
Sep 201003,24472.633.98$12,909
Aug 201003,26973.684.42$14,447
Jul 201001,91572.554.74$9,070
Jun 201001,90970.364.91$9,374
May 201002,28371.124.24$9,669
Apr 201092,01481.694.12$9,038
Mar 2010401,60278.394.39$10,166
Feb 2010381,74673.585.44$12,298
Jan 2010391,97674.365.96$14,685
Dec 2009402,06771.445.48$14,193
Nov 2009421,85774.593.75$10,099
Oct 2009303,43372.544.11$16,287
Sep 2009272,42465.543.06$9,199
Aug 2009392,86667.423.22$11,854
Jul 2009402,90261.133.46$12,499
Jun 2009372,68766.163.90$12,914
May 2009612,97754.743.93$15,026
Apr 2009542,54846.773.59$11,667
Mar 2009432,76742.144.06$13,043
Feb 2009192,60432.814.63$12,688
Jan 2009293,04735.865.37$17,405
Dec 2008202,37537.105.98$14,938
Nov 2008262,48255.496.86$18,470
Oct 2008342,65275.246.92$20,915
Sep 2008182,846101.767.88$24,250
Aug 2008152,930114.228.48$26,569
Jul 2008142,649131.0811.39$32,006
Jun 2008141,812131.3313.03$25,454
May 2008163,059123.1711.57$37,376
Apr 2008162,057110.3110.45$23,271
Mar 2008273,117101.909.66$32,874
Feb 2008392,83992.538.77$28,508
Jan 2008233,00890.388.21$26,762
Dec 2007383,29788.337.30$27,431
Nov 2007212,85991.677.29$22,772
Oct 2007363,09882.856.92$24,427
Sep 2007392,94475.846.24$21,341
Aug 2007223,54469.066.39$24,158
Jul 2007343,57070.906.39$25,216
Jun 2007472,95562.007.55$25,220
May 2007223,50158.747.85$28,762
Apr 2007393,40159.617.81$28,870
Mar 2007243,61856.927.30$27,785
Feb 2007332,51155.108.22$22,449
Jan 2007243,64950.306.73$25,753
Dec 2006233,69456.656.92$26,860
Nov 2006243,99654.207.62$31,740
Oct 2006132,77354.906.01$17,390
Sep 2006113,53860.085.04$18,482
Aug 2006103,32768.717.34$25,107
Jul 2006183,21569.376.34$21,641
Jun 2006163,15566.286.38$21,202
May 2006193,58066.016.42$24,256
Apr 2006153,73964.397.36$28,487
Mar 2006203,69056.707.08$27,270
Feb 2006162,95857.597.75$23,849
Jan 2006173,60960.598.93$33,270
Dec 2005214,09254.9413.42$56,050
Nov 2005182,70554.6910.59$29,626
Oct 2005153,99658.3413.80$56,003
Sep 2005103,12061.4512.08$38,301
Aug 2005103,59561.519.80$35,835
Jul 2005174,18055.697.84$33,733
Jun 2005143,07152.337.38$23,400
May 2005154,02545.226.65$27,449
Apr 2005133,04849.207.36$23,074
Mar 2005293,61450.377.15$27,318
Feb 2005182,59945.226.31$17,219
Jan 2005193,07743.166.32$20,273
Dec 2004223,71039.866.75$25,923
Nov 2004173,59645.286.33$23,534
Oct 2004163,93649.706.52$26,439
Sep 2004144,16943.245.28$22,634
Aug 2004134,16542.375.55$23,669
Jul 2004203,66238.286.08$23,046
Jun 2004164,36536.106.43$28,658
May 2004164,36837.486.49$28,968
Apr 2004254,36834.475.86$26,452
Mar 2004204,93134.365.53$27,956
Feb 2004184,39032.455.51$24,771
Jan 2004174,91632.036.30$31,514
Dec 2003244,80830.266.30$31,025
Nov 2003124,91828.804.60$22,945
Oct 2003174,78228.174.76$23,239
Sep 2003115,06626.314.75$24,350
Aug 2003175,15729.765.13$26,960
Jul 2003245,36629.415.17$28,453
Jun 2003175,43128.565.98$32,979
May 2003115,45426.595.97$32,867
Apr 2003224,72926.675.41$26,158
Mar 2003224,80631.146.10$29,983
Feb 2003164,38233.487.93$35,267
Jan 2003244,92230.315.58$28,202
Dec 2002214,94626.914.85$24,572
Nov 2002204,96524.664.14$21,033
Oct 2002245,43226.464.23$23,608
Sep 2002205,40027.443.64$20,179
Aug 2002105,74225.963.16$18,428
Jul 2002196,12424.583.06$19,217
Jun 2002176,55623.733.34$22,289
May 2002237,88524.663.58$28,827
Apr 20022410,97623.653.51$39,119
Mar 20023310,87122.003.10$34,456
Feb 2002143,66518.222.38$8,962
Jan 200244117.172.38$758
Dec 200139016.932.36$660
Nov 200149018.072.41$885
Oct 200118019.782.53$356
Sep 200120024.262.25$485
Aug 20019024.873.05$224
Jul 20017223.933.20$174
Jun 200118024.563.82$442
May 200197,82725.524.31$33,943
Apr 20011994324.685.34$5,500
Mar 2001222,20324.545.38$12,384
Feb 2001282,27127.755.77$13,874
Jan 2001222,74927.478.40$23,693
Dec 2000133,20526.889.12$29,587
Nov 2000143,18632.215.66$18,477
Oct 2000133,90831.235.15$20,515
Sep 2000111,65331.875.19$8,924
Aug 2000214,46929.644.54$20,915
Jul 2000271,48528.534.09$6,844
Jun 2000284,55929.304.40$20,867
May 2000344,65127.263.68$18,041
Apr 2000235,21924.513.12$16,826
Mar 2000245,69128.422.86$16,957
Feb 2000293,94527.622.73$11,557
Jan 2000434,57125.272.48$12,425
Dec 1999444,96024.282.42$13,090
Nov 1999425,88123.192.43$15,288
Oct 1999445,95820.982.80$17,628
Sep 1999536,78121.752.62$18,911
Aug 1999456,30019.262.88$18,983
Jul 1999456,57517.892.37$16,403
Jun 1999386,52015.942.36$16,007
May 1999427,16715.792.32$17,298
Apr 1999546,38315.102.21$14,909
Mar 1999476,87812.471.84$13,230
Feb 199905,8749.981.82$10,678
Jan 1999267,40010.381.90$14,330
Dec 19981115,9439.201.77$11,560
Nov 1998845,76710.892.19$13,520
Oct 1998785,43012.421.97$11,662
Sep 1998686,80512.592.08$15,028
Aug 1998465,17911.301.91$10,398
Jul 1998494,86411.742.24$11,457
Jun 1998415,91011.242.24$13,683
May 1998746,53412.622.21$15,350
Apr 1998486,41013.042.51$16,685
Mar 1998837,11812.802.31$17,501
Feb 1998918,23713.952.30$20,207
Jan 19982038,54814.702.15$21,403
Dec 1997568,78716.322.41$22,100
Nov 1997469,30618.193.09$29,576
Oct 1997929,40319.253.15$31,389
Sep 1997478,84017.742.95$26,955
Aug 1997948,89817.862.55$24,411
Jul 1997479,65717.582.25$22,525
Jun 1997499,04117.242.26$21,252
May 19971429,59918.972.31$24,853
Apr 1997989,75817.882.08$22,076
Mar 19971499,98218.951.94$22,180
Feb 1997509,53420.492.21$22,056
Jan 199713410,17323.483.54$39,156
Dec 19968210,60923.32$1,912
Nov 19969210,67021.97$2,021
Oct 19968710,88923.31$2,028
Sep 19964110,06822.22$911
Aug 199611210,34720.26$2,269
Jul 19963910,72019.55$762
Jun 199611810,36718.73$2,210
May 19963811,21619.43$738
Apr 199611210,27921.51$2,409
Mar 19967410,91119.38$1,434
Feb 199611010,70816.98$1,868
Jan 199610812,35317.07$1,844
Dec 19956611,26517.19$1,135
Nov 19959912,29816.00$1,584
Oct 19959512,74915.43$1,466
Sep 19959012,96916.18$1,456
Aug 19959113,82815.92$1,449
Jul 19958713,61215.24$1,326
Jun 19958112,15216.41$1,329
May 19959611,85017.56$1,686
Apr 199511711,30517.73$2,074
Mar 199510412,54316.44$1,710
Feb 199517511,65716.58$2,902
Jan 19954412,29115.92$700
Dec 199420113,00815.03$3,021
Nov 199420212,57615.90$3,212
Oct 199421013,28715.58$3,272
Sep 1994010,63615.29$0
Aug 19942009,71716.13$3,226
Jul 199418610,45317.56$3,266
Jun 1994010,85617.09$0
May 199419911,95115.88$3,160
Apr 1994011,66214.14$0
Mar 199419212,08012.46$2,392
Feb 1994711,10912.50$88
Jan 199436512,80412.66$4,621
Dec 1993012,92612.33$0
Nov 199319312,79714.49$2,797
Oct 199318412,76315.85$2,916
Sep 199319613,00615.03$2,946
Aug 1993014,56415.66$0
Jul 199326813,74815.46$4,143
Jun 199318614,47916.79$3,123
May 1993014,43617.68$0
Apr 1993012,01918.05$0
Mar 199337811,62518.14$6,857
Feb 1993012,83417.90$0
Jan 199318712,26916.93$3,166

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.

Oct 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 78.30 =        $78
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                      $78

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/74811 is the state's own key, not one this site invented.