SHERIDAN 55-4-5

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279250District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Jun 2015 – May 2026
Value, last 12 filed months
$547 k
at the published price for each month
Months reported
132
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

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
High Cost Gas112017-08-03220553
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
CondensateDisposition328,951 bbl$20,010,894
GasProduction1,249,848 Mcf$4,082,890
Total$24,093,784

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 31.6362, -103.7744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63623, -103.77441 · 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
10,684 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 10,684 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-389348311H10,684 ftJul 2021

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 (132)

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

132 months

May 20263142,520106.413.05$41,088
Apr 20268054,39698.932.87$92,254
Mar 20268921,09989.753.15$83,518
Feb 20265071,44063.503.75$37,595
Jan 20265471,46259.138.00$44,037
Dec 202581,69456.664.41$7,930
Nov 2025102,10058.593.93$8,831
Oct 2025653,16759.383.30$14,326
Sep 20259704,37162.743.08$74,307
Aug 20258383,25363.933.01$63,380
Jul 20257134,23566.743.32$61,625
Jun 202522884966.483.13$17,814
May 20259743,43460.553.23$70,075
Apr 20256842,64562.363.54$52,026
Mar 20254281,01267.704.27$33,295
Feb 20258393,93570.884.34$76,550
Jan 20252,1839,36374.324.28$202,302
Dec 20241,6339,40168.993.12$142,005
Nov 20241,7709,46269.052.20$143,020
Oct 20242,0399,45671.372.28$167,096
Sep 20241,9819,85069.612.36$161,186
Aug 20242,00111,36175.632.06$174,781
Jul 20242,22111,74279.932.15$202,730
Jun 20242,02811,44478.082.63$188,490
May 20242,14611,58678.812.20$194,597
Apr 20242,20412,31684.451.66$206,563
Mar 20242,45712,74380.301.55$216,987
Feb 20242,2219,55676.091.78$186,040
Jan 20242,65811,30073.023.30$231,351
Dec 20235732,91871.262.61$48,450
Nov 2023541,64977.892.81$8,836
Oct 20231,1035,45885.443.09$111,091
Sep 20231,7537,31989.042.74$176,105
Aug 20236325,35980.522.67$65,213
Jul 20234602,39974.852.64$40,769
Jun 20231,8249,56868.962.26$147,392
May 20232,48212,32570.622.23$202,732
Apr 20232,53912,13278.122.24$225,495
Mar 20232,65111,52072.852.39$220,695
Feb 20231,7897,23175.112.47$152,201
Jan 20232,0648,11776.533.39$185,456
Dec 20226563,13576.415.73$68,086
Nov 20222,35811,08685.005.65$263,024
Oct 20222,69113,23687.185.86$312,214
Sep 20222,29012,76384.888.16$298,568
Aug 20222,49613,90694.529.13$362,844
Jul 20222,31912,051101.587.54$326,454
Jun 20222,26310,869115.097.98$347,153
May 20222,35210,819109.378.43$348,475
Apr 20222,66612,404104.226.84$362,664
Mar 20222,50410,840108.885.08$327,664
Feb 20222,52410,15891.054.86$279,166
Jan 20222,49811,82281.844.54$258,081
Dec 20212,78213,16371.323.90$249,736
Nov 20212,66812,18777.435.24$270,405
Oct 20213,12112,91979.795.71$322,842
Sep 20213,13212,69269.865.35$286,715
Aug 20213,58413,80866.024.22$294,894
Jul 20211,1144,69970.783.98$97,561
Jun 20212,71011,18369.493.38$226,123
May 20213,18712,92863.483.02$241,323
Apr 20213,29512,59560.362.76$233,629
Mar 20213,90912,92261.302.72$274,730
Feb 20212,3878,02057.805.55$182,463
Jan 20213,52711,91350.412.81$211,275
Dec 20204,46915,96244.642.68$242,202
Nov 20203,94112,11638.772.71$185,585
Oct 20203,88514,14336.972.48$178,681
Sep 20204,15016,30137.091.99$186,379
Aug 20204,06515,85339.982.39$200,330
Jul 20203,54313,94638.371.83$161,398
Jun 20204,67817,88034.901.69$193,485
May 20205,00819,41516.921.81$119,969
Apr 20203,94513,60814.751.80$82,743
Mar 20205,02318,21030.341.86$186,200
Feb 20205,45820,47649.881.98$312,801
Jan 20205,49219,58557.252.09$355,442
Dec 20194,52716,02059.012.30$304,054
Nov 20195,44418,63955.302.75$352,324
Oct 20196,24920,33753.472.42$383,320
Sep 20196,24421,80055.052.66$401,661
Aug 20198,38527,28053.112.30$508,190
Jul 20195,91321,22356.272.46$384,934
Jun 20197,47524,44052.782.49$455,415
May 201910,28326,50858.482.74$673,990
Apr 20196,88322,45562.632.75$492,849
Mar 20199,50730,03956.803.06$631,980
Feb 20197,36027,25250.852.79$450,350
Jan 20193,88821,87646.033.23$249,584
Dec 201816,27333,32346.594.19$897,630
Nov 20189123,66152.934.24$63,785
Oct 20187,63229,49161.443.40$569,123
Sep 201810,49539,36659.543.11$747,222
Aug 201810,55349,59059.403.07$778,919
Jul 201820,23462,82365.142.93$1,502,232
Jun 20187,66516,89860.183.08$513,273
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 20171143.873.09$47
Jun 20172242.493.09$91
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20172,0482449.413.42$101,274
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

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
Condensate           314 bbl  × $106.41 =    $33,413
Gas                2,520 Mcf  × $  3.05 =     $7,676

────────────────────────────────────────────────────
Month total                                  $41,088

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. 08/G/279250 is the state's own key, not one this site invented.