ADAMS, T. L.

Operated by SQUYRES OIL CO., INC. (P-5 810818) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114218District 7BField 85948100NGPA filingCondensateGasSaveExport
Value, all time
$28 k
Jan 1993 – Jun 2007
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
174
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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered
1943-12-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.

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
CondensateDisposition116 bbl$2,912
GasProduction8,999 Mcf$25,014
Total$27,925

4,020 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 32.6130, -98.7363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61298, -98.73634 · 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
4,293 ft
1 wells filed one
Completion to plug
22.7 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 4,293 ft.

Completions filed
Oct 1984
1 of 1 wells
Plug dates filed
Jun 2007
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293060634,293 ftOct 1984Jun 2007Yes

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 (174)

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

174 months

Jun 200723062.007.55$1,426
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 200606360.085.04$317
Aug 200605368.717.34$389
Jul 200604969.376.34$311
Jun 200605166.286.38$326
May 200605266.016.42$334
Apr 200605164.397.36$375
Mar 200605356.707.08$375
Feb 200604757.597.75$364
Jan 20060060.598.93$0
Dec 200505754.9413.42$765
Nov 200505254.6910.59$551
Oct 200506058.3413.80$828
Sep 200505661.4512.08$676
Aug 200506861.519.80$666
Jul 200507055.697.84$549
Jun 200505152.337.38$376
May 200505045.226.65$333
Apr 200505249.207.36$383
Mar 200507950.377.15$565
Feb 200507145.226.31$448
Jan 200508043.166.32$506
Dec 200408639.866.75$581
Nov 200404145.286.33$260
Oct 200405149.706.52$332
Sep 200405143.245.28$269
Aug 200405642.375.55$311
Jul 200405838.286.08$353
Jun 200408236.106.43$528
May 200408637.486.49$559
Apr 200409534.475.86$557
Mar 200404434.365.53$243
Feb 200404232.455.51$231
Jan 200405132.036.30$321
Dec 200304730.266.30$296
Nov 200304828.804.60$221
Oct 200304828.174.76$228
Sep 200305326.314.75$252
Aug 20030029.765.13$0
Jul 200304629.415.17$238
Jun 200304228.565.98$251
May 200304826.595.97$287
Apr 200304926.675.41$265
Mar 200304831.146.10$293
Feb 200304233.487.93$333
Jan 200304630.315.58$257
Dec 200205626.914.85$272
Nov 200206524.664.14$269
Oct 200206926.464.23$292
Sep 200205827.443.64$211
Aug 200206725.963.16$212
Jul 200206824.583.06$208
Jun 200206523.733.34$217
May 200206224.663.58$222
Apr 200205023.653.51$176
Mar 200205422.003.10$168
Feb 200205118.222.38$121
Jan 200206017.172.38$143
Dec 200103616.932.36$85
Nov 200105118.072.41$123
Oct 200102219.782.53$56
Sep 200101324.262.25$29
Aug 200101324.873.05$40
Jul 200102623.933.20$83
Jun 200101324.563.82$50
May 200101325.524.31$56
Apr 20010724.685.34$37
Mar 200102324.545.38$124
Feb 20010727.755.77$40
Jan 200103827.478.40$319
Dec 200005426.889.12$493
Nov 200002132.215.66$119
Oct 20000131.235.15$5
Sep 200002031.875.19$104
Aug 200002029.644.54$91
Jul 200001028.534.09$41
Jun 200001029.304.40$44
May 20000027.263.68$0
Apr 200002124.513.12$65
Mar 200001828.422.86$51
Feb 20000627.622.73$16
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199902620.982.80$73
Sep 1999211921.752.62$507
Aug 199902219.262.88$63
Jul 199901117.892.37$26
Jun 19990615.942.36$14
May 199901015.792.32$23
Apr 19990115.102.21$2
Mar 199901412.471.84$26
Feb 19990699.981.82$125
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980410.892.19$9
Oct 19980012.421.97$0
Sep 19980712.592.08$15
Aug 19980011.301.91$0
Jul 19980211.742.24$4
Jun 19980211.242.24$4
May 19980312.622.21$7
Apr 19980213.042.51$5
Mar 199801812.802.31$42
Feb 199803813.952.30$87
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199705618.193.09$173
Oct 199709819.253.15$309
Sep 1997018717.742.95$553
Aug 199707417.862.55$189
Jul 199707317.582.25$164
Jun 199707517.242.26$169
May 1997011518.972.31$265
Apr 1997012117.882.08$252
Mar 199708818.951.94$171
Feb 1997011720.492.21$258
Jan 1997012823.483.54$453
Dec 19961111723.32$257
Nov 1996010321.97$0
Oct 1996015623.31$0
Sep 1996012922.22$0
Aug 1996012220.26$0
Jul 1996012919.55$0
Jun 1996013018.73$0
May 1996010519.43$0
Apr 1996010821.51$0
Mar 1996011119.38$0
Feb 1996012016.98$0
Jan 1996014017.07$0
Dec 1995013917.19$0
Nov 1995011116.00$0
Oct 199508115.43$0
Sep 199509016.18$0
Aug 1995014015.92$0
Jul 1995011215.24$0
Jun 1995010916.41$0
May 1995011717.56$0
Apr 1995013717.73$0
Mar 1995019916.44$0
Feb 1995011416.58$0
Jan 1995011115.92$0
Dec 1994010015.03$0
Nov 199409715.90$0
Oct 199404815.58$0
Sep 19940215.29$0
Aug 199401316.13$0
Jul 19940517.56$0
Jun 199401217.09$0
May 199401515.88$0
Apr 199402814.14$0
Mar 199403612.46$0
Feb 199402812.50$0
Jan 1994613212.66$772
Dec 199304112.33$0
Nov 199302714.49$0
Oct 199306815.85$0
Sep 199306415.03$0
Aug 199305515.66$0
Jul 199305015.46$0
Jun 199306316.79$0
May 199306717.68$0
Apr 199305018.05$0
Mar 199305518.14$0
Feb 199305317.90$0
Jan 199308116.93$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.

Jun 2007 — as filed, then multipliedworked
Condensate            23 bbl  × $ 62.00 =     $1,426
Gas                    0 Mcf  × $  7.55 =         $0

────────────────────────────────────────────────────
Month total                                   $1,426

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. 7B/G/114218 is the state's own key, not one this site invented.