FIRST NATIONAL BANK-BALDWIN UNIT

Operated by SHERIDAN PRODUCTION CO III, LLC (P-5 775851) 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 89091District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1993 – Dec 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
384
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
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
CondensateDisposition4,159 bbl$214,117
GasProduction985,439 Mcf$2,765,965
Total$2,980,082

402,184 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 32.0483, -94.2726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04827, -94.27259 · 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
9,620 ft
1 wells filed one
Completion to plug
35.8 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 9,620 ft.

Completions filed
Feb 1989
1 of 1 wells
Plug dates filed
Dec 2024
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653093129,620 ftFeb 1989Dec 2024Yes

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 (384)

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

384 months

Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202240104.226.84$417
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201703347.933.21$106
Mar 2017013346.772.98$397
Feb 2017012650.452.95$372
Jan 2017012049.413.42$410
Dec 2016015948.763.72$592
Nov 20160042.492.64$0
Oct 2016012446.193.09$383
Sep 2016029441.553.10$912
Aug 2016013841.442.92$404
Jul 2016017141.622.92$500
Jun 2016013245.352.69$355
May 2016012642.521.99$251
Apr 2016014136.561.99$281
Mar 201608033.011.79$144
Feb 201609026.472.06$186
Jan 2016012327.352.36$291
Dec 201509332.362.00$186
Nov 2015012438.792.17$269
Oct 2015015143.552.43$366
Sep 2015012942.992.76$356
Aug 2015013840.162.87$396
Jul 2015010548.152.95$309
Jun 2015010856.152.88$311
May 2015014155.212.96$417
Apr 2015012849.822.71$346
Mar 2015012742.892.93$373
Feb 2015013544.662.98$402
Jan 2015019243.433.10$595
Dec 2014012154.693.59$435
Nov 2014020070.464.25$850
Oct 2014012578.303.90$488
Sep 201401,01886.164.05$4,118
Aug 201401,12989.394.04$4,556
Jul 201401,13396.564.18$4,735
Jun 201401,16598.164.74$5,518
May 201401,47994.734.73$6,991
Apr 201401,88495.944.81$9,060
Mar 201431,40395.895.06$7,382
Feb 201401,20197.406.19$7,437
Jan 2014413190.404.86$998
Dec 2013111291.824.35$580
Nov 2013018388.853.74$684
Oct 2013111997.423.78$547
Sep 20130151104.113.72$561
Aug 20131155104.253.52$650
Jul 20131135102.523.72$604
Jun 2013410394.403.93$783
May 2013015194.834.15$627
Apr 2013116693.964.28$805
Mar 2013022593.623.91$880
Feb 2013014191.233.42$482
Jan 2013030691.603.42$1,046
Dec 2012018186.773.42$619
Nov 2012048586.953.62$1,758
Oct 201209389.383.40$316
Sep 2012020894.672.92$607
Aug 2012021692.662.91$628
Jul 2012023585.133.02$710
Jun 2012014379.822.52$360
May 2012026891.612.49$667
Apr 20120740101.652.00$1,478
Mar 20120580105.052.22$1,289
Feb 20120707101.102.57$1,817
Jan 2012069898.092.73$1,908
Dec 2011093896.873.24$3,039
Nov 2011058995.723.31$1,950
Oct 2011050484.983.65$1,839
Sep 2011064783.623.99$2,579
Aug 2011074283.404.15$3,079
Jul 2011072594.144.52$3,275
Jun 2011069192.904.64$3,206
May 2011075698.134.40$3,330
Apr 20110864105.964.33$3,744
Mar 2011075796.364.06$3,071
Feb 2011068885.644.18$2,876
Jan 20111370986.504.59$4,378
Dec 20101064885.734.35$3,675
Nov 2010022680.843.80$858
Oct 20101134378.103.51$2,063
Sep 2010823972.633.98$1,532
Aug 2010724673.684.42$1,603
Jul 2010724072.554.74$1,645
Jun 2010617870.364.91$1,296
May 2010024371.124.24$1,029
Apr 2010823381.694.12$1,614
Mar 20101624978.394.39$2,347
Feb 20104084373.585.44$7,531
Jan 2010431,13074.365.96$9,937
Dec 2009841,34671.445.48$13,382
Nov 2009411,45674.593.75$8,520
Oct 2009401,49972.544.11$9,063
Sep 2009431,00165.543.06$5,886
Aug 2009421,23967.423.22$6,819
Jul 2009431,37261.133.46$7,382
Jun 2009096366.163.90$3,751
May 2009441,53254.743.93$8,423
Apr 2009421,72546.773.59$8,153
Mar 2009881,93342.144.06$11,554
Feb 2009421,53232.814.63$8,476
Jan 2009391,18635.865.37$7,769
Dec 2008451,28637.105.98$9,356
Nov 2008451,49655.496.86$12,760
Oct 2008411,59875.246.92$14,146
Sep 200842897101.767.88$11,340
Aug 2008431,250114.228.48$15,515
Jul 2008411,591131.0811.39$23,495
Jun 2008361,391131.3313.03$22,856
May 2008661,531123.1711.57$25,849
Apr 2008641,620110.3110.45$23,997
Mar 2008311,838101.909.66$20,921
Feb 2008331,40892.538.77$15,402
Jan 200801,72890.388.21$14,180
Dec 2007681,50588.337.30$16,996
Nov 2007351,75491.677.29$15,998
Oct 2007652,08682.856.92$19,825
Sep 2007322,04875.846.24$15,215
Aug 2007332,28869.066.39$16,895
Jul 2007292,44770.906.39$17,687
Jun 2007312,42562.007.55$20,227
May 2007622,25158.747.85$21,304
Apr 2007592,32259.617.81$21,641
Mar 2007302,56356.927.30$20,423
Feb 2007902,33955.108.22$24,176
Jan 2007302,68350.306.73$19,557
Dec 2006582,89956.656.92$23,342
Nov 2006783,17554.207.62$28,413
Oct 2006213,07954.906.01$19,669
Sep 2006242,84960.085.04$15,793
Aug 2006482,93568.717.34$24,841
Jul 2006352,97869.376.34$21,317
Jun 200692,96366.286.38$19,512
May 2006192,92466.016.42$20,041
Apr 2006122,52964.397.36$19,387
Mar 2006122,91356.707.08$21,313
Feb 2006142,77257.597.75$22,292
Jan 2006213,19860.598.93$29,841
Dec 2005373,49454.9413.42$48,906
Nov 2005352,65054.6910.59$29,973
Oct 2005162,83858.3413.80$40,086
Sep 2005162,55061.4512.08$31,785
Aug 2005522,90461.519.80$31,649
Jul 2005343,02155.697.84$25,589
Jun 200563,08852.337.38$23,107
May 2005173,20645.226.65$22,092
Apr 200503,23549.207.36$23,811
Mar 200503,29550.377.15$23,575
Feb 2005172,84545.226.31$18,726
Jan 200583,41843.166.32$21,955
Dec 2004283,63239.866.75$25,636
Nov 200403,23045.286.33$20,447
Oct 200403,72349.706.52$24,256
Sep 2004313,58743.245.28$20,294
Aug 200403,06342.375.55$17,002
Jul 2004313,48438.286.08$22,384
Jun 200403,60836.106.43$23,210
May 200403,79237.486.49$24,627
Apr 2004333,76534.475.86$23,195
Mar 2004374,00334.365.53$23,408
Feb 200403,92532.455.51$21,625
Jan 2004374,34132.036.30$28,532
Dec 200304,30330.266.30$27,116
Nov 2003414,13828.804.60$20,196
Oct 200304,05928.174.76$19,319
Sep 2003473,94726.314.75$19,982
Aug 200304,17429.765.13$21,411
Jul 2003524,23729.415.17$23,438
Jun 200304,30828.565.98$25,775
May 2003564,65126.595.97$29,268
Apr 200304,60726.675.41$24,911
Mar 2003534,94831.146.10$31,814
Feb 2003564,47733.487.93$37,359
Jan 2003294,73530.315.58$27,310
Dec 2002225,12526.914.85$25,468
Nov 200204,94324.664.14$20,449
Oct 2002135,07626.464.23$21,811
Sep 200274,73627.443.64$17,408
Aug 200205,15925.963.16$16,324
Jul 200204,18824.583.06$12,823
Jun 200203,51523.733.34$11,734
May 2002963,35024.663.58$14,374
Apr 20021133,43323.653.51$14,730
Mar 200203,73022.003.10$11,573
Feb 2002793,17018.222.38$8,970
Jan 200203,63417.172.38$8,633
Dec 2001863,65516.932.36$10,098
Nov 200103,67918.072.41$8,850
Oct 2001293,89019.782.53$10,411
Sep 200103,83224.262.25$8,627
Aug 2001283,97424.873.05$12,830
Jul 200104,23623.933.20$13,543
Jun 2001344,14924.563.82$16,701
May 20011064,86625.524.31$23,665
Apr 200105,15624.685.34$27,509
Mar 20011115,84524.545.38$34,149
Feb 20011145,28327.755.77$33,631
Jan 20011185,93327.478.40$53,071
Dec 20001126,02126.889.12$57,937
Nov 200006,04532.215.66$34,203
Oct 2000426,69531.235.15$35,761
Sep 200056,53731.875.19$34,064
Aug 200006,64129.644.54$30,155
Jul 200057,23728.534.09$29,740
Jun 200005,76929.304.40$25,368
May 200004,22927.263.68$15,562
Apr 200001,12224.513.12$3,496
Mar 200001,07028.422.86$3,060
Feb 2000099027.622.73$2,699
Jan 200001,08425.272.48$2,689
Dec 199901,17424.282.42$2,845
Nov 1999097323.192.43$2,368
Oct 199901,11620.982.80$3,129
Sep 199901,02921.752.62$2,695
Aug 1999084519.262.88$2,430
Jul 1999090417.892.37$2,145
Jun 1999084615.942.36$1,998
May 1999070415.792.32$1,634
Apr 1999022615.102.21$499
Mar 1999031012.471.84$570
Feb 199906799.981.82$1,234
Jan 199902,60810.381.90$4,955
Dec 199805,4119.201.77$9,595
Nov 199805,44910.892.19$11,910
Oct 199805,94012.421.97$11,697
Sep 199806,04212.592.08$12,583
Aug 199806,68211.301.91$12,745
Jul 199806,22411.742.24$13,925
Jun 199805,85311.242.24$13,095
May 199805,71912.622.21$12,618
Apr 199805,59113.042.51$14,007
Mar 199805,29212.802.31$12,222
Feb 199803,24313.952.30$7,456
Jan 199805,74514.702.15$12,379
Dec 199706,45016.322.41$15,552
Nov 199706,39518.193.09$19,749
Oct 199707,29619.253.15$22,981
Sep 199707,48017.742.95$22,103
Aug 199707,26617.862.55$18,563
Jul 199706,74617.582.25$15,158
Jun 199706,85017.242.26$15,462
May 199707,29418.972.31$16,838
Apr 199706,99717.882.08$14,573
Mar 199707,01918.951.94$13,611
Feb 199706,23720.492.21$13,758
Jan 199706,52023.483.54$23,079
Dec 199607,32723.32$0
Nov 199606,25621.97$0
Oct 199607,32323.31$0
Sep 199607,25822.22$0
Aug 199608,17920.26$0
Jul 199608,05419.55$0
Jun 199608,18718.73$0
May 199608,39119.43$0
Apr 199606,32221.51$0
Mar 19961319,68919.38$2,539
Feb 199607,93716.98$0
Jan 199607,23617.07$0
Dec 199507,39817.19$0
Nov 199508,12716.00$0
Oct 199508,65915.43$0
Sep 199508,38616.18$0
Aug 199508,69515.92$0
Jul 199508,69615.24$0
Jun 199507,96816.41$0
May 199505,74217.56$0
Apr 199508,19617.73$0
Mar 199508,24416.44$0
Feb 199507,88516.58$0
Jan 199508,63715.92$0
Dec 199408,43615.03$0
Nov 199408,55215.90$0
Oct 199408,09515.58$0
Sep 199408,40815.29$0
Aug 199408,90116.13$0
Jul 199409,89717.56$0
Jun 199409,77017.09$0
May 1994010,10815.88$0
Apr 199408,06914.14$0
Mar 199408,45612.46$0
Feb 199407,78512.50$0
Jan 199408,98012.66$0
Dec 199307,72312.33$0
Nov 199306,59014.49$0
Oct 199307,17015.85$0
Sep 199306,80515.03$0
Aug 199308,70815.66$0
Jul 199308,42415.46$0
Jun 199308,57616.79$0
May 1993013,19617.68$0
Apr 199309,18718.05$0
Mar 1993013,18318.14$0
Feb 199308,79717.90$0
Jan 199309,57616.93$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.

Apr 2022 — as filed, then multipliedworked
Condensate             4 bbl  × $104.22 =       $417
Gas                    0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                     $417

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/89091 is the state's own key, not one this site invented.