ALBERT SAGER GAS UNIT

Operated by LUCKY LAD ENERGY, LLC (P-5 512179) in the GUN POINT (WILCOX MIDDLE, 11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232055District 02Field 374807702 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
224
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1986-08-16
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: ALLOCATION FORMULA EFFECTIVE 09/01/87.

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 Gas112009-05-28191934
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
CondensateDisposition17,729 bbl$1,429,914
GasProduction2,459,129 Mcf$13,357,846
Total$14,787,761

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 28.9861, -97.2910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98607, -97.29105 · 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
11,900 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 11,900 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-12332077511,900 ftOct 2007

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 (224)

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

224 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202610099863.503.75$10,093
Jan 2026084659.138.00$6,766
Dec 202501,21156.664.41$5,345
Nov 20259661758.593.93$8,047
Oct 2025068659.383.30$2,267
Sep 2025047562.743.08$1,462
Aug 2025027663.933.01$832
Jul 2025067566.743.32$2,238
Jun 2025016266.483.13$507
May 20251,34343860.553.23$82,734
Apr 202502,65362.363.54$9,400
Mar 202502,94467.704.27$12,566
Feb 202504,22970.884.34$18,357
Jan 202505,03974.324.28$21,560
Dec 20241344,65368.993.12$23,768
Nov 202444,86269.052.20$10,965
Oct 202405,11171.372.28$11,660
Sep 202405,29669.612.36$12,522
Aug 202401,54475.632.06$3,186
Jul 202407,18179.932.15$15,415
Jun 20241547,18178.082.63$30,939
May 2024426,11078.812.20$16,742
Apr 202405,43584.451.66$9,018
Mar 202406,93880.301.55$10,720
Feb 20241515,96076.091.78$22,120
Jan 202405,67673.023.30$18,718
Dec 2023407,08671.262.61$21,350
Nov 202306,44777.892.81$18,100
Oct 20231456,64485.443.09$32,901
Sep 202305,18889.042.74$14,189
Aug 202305,18880.522.67$13,867
Jul 202306,67774.852.64$17,639
Jun 20231436,51468.962.26$24,573
May 202307,29570.622.23$16,249
Apr 202305,99178.122.24$13,406
Mar 202303,83972.852.39$9,187
Feb 202303,42175.112.47$8,435
Jan 202305,36276.533.39$18,165
Dec 20222845,90076.415.73$55,502
Nov 202206,82985.005.65$38,558
Oct 202206,13187.185.86$35,951
Sep 202206,95184.888.16$56,746
Aug 202207,58094.529.13$69,184
Jul 202207,123101.587.54$53,722
Jun 20221076,947115.097.98$67,732
May 202266,004109.378.43$51,288
Apr 20221047,175104.226.84$59,899
Mar 202205,193108.885.08$26,362
Feb 202204,56291.054.86$22,166
Jan 2022734,83481.844.54$27,909
Dec 20211736,57271.323.90$37,963
Nov 202106,23877.435.24$32,667
Oct 202106,71679.795.71$38,374
Sep 202185,89469.865.35$32,097
Aug 202107,50666.024.22$31,680
Jul 20211175,66770.783.98$30,848
Jun 202105,66769.493.38$19,158
May 202106,10563.483.02$18,423
Apr 202102,53360.362.76$6,987
Mar 202102,60761.302.72$7,083
Feb 2021672,73757.805.55$19,057
Jan 202103,79850.412.81$10,673
Dec 202084,41744.642.68$12,175
Nov 202003,33538.772.71$9,026
Oct 202004,27136.972.48$10,585
Sep 202005,19237.091.99$10,337
Aug 202005,19239.982.39$12,383
Jul 2020515,19238.371.83$11,433
Jun 2020515,19234.901.69$10,556
May 2020515,19216.921.81$10,285
Apr 2020515,19214.751.80$10,121
Mar 2020515,19230.341.86$11,185
Feb 2020515,19249.881.98$12,828
Jan 2020515,19257.252.09$13,796
Dec 2019515,19259.012.30$14,974
Nov 2019515,19255.302.75$17,102
Oct 2019515,19253.472.42$15,284
Sep 2019515,19255.052.66$16,604
Aug 2019515,19253.112.30$14,673
Jul 2019515,19256.272.46$15,642
Jun 2019515,19252.782.49$15,626
May 201905,21258.482.74$14,283
Apr 2019455,13462.632.75$16,940
Mar 201904,25456.803.06$13,026
Feb 201904,75750.852.79$13,283
Jan 201904,32746.033.23$13,968
Dec 2018515,19246.594.19$24,107
Nov 201804,68252.934.24$19,839
Oct 201804,51461.443.40$15,339
Sep 201803,92359.543.11$12,193
Aug 2018554,62859.403.07$17,459
Jul 201802,71465.142.93$7,957
Jun 201805,00660.183.08$15,403
May 2018815,93165.382.90$22,500
Apr 2018794,59563.842.90$18,373
Mar 201805,51261.222.79$15,361
Feb 201805,71961.782.77$15,819
Jan 2018492,30762.874.01$12,330
Dec 201705,07157.272.92$14,815
Nov 2017525,34855.423.12$19,559
Oct 2017375,61049.292.98$18,562
Sep 201704,03547.523.09$12,457
Aug 2017745,39045.373.00$19,551
Jul 201706,29943.873.09$19,447
Jun 2017976,70242.493.09$24,812
May 2017536,93045.373.26$25,020
Apr 2017425,30147.933.21$19,038
Mar 201704,20046.772.98$12,531
Feb 2017244,27950.452.95$13,845
Jan 2017244,22249.413.42$15,620
Dec 201605,19948.763.72$19,355
Nov 2016205,40042.492.64$15,129
Oct 2016504,24346.193.09$15,421
Sep 2016554,95041.553.10$17,633
Aug 2016525,27241.442.92$17,572
Jul 2016385,75741.622.92$18,417
Jun 2016388,41345.352.69$24,319
May 2016525,58842.521.99$13,337
Apr 201605,51736.561.99$10,985
Mar 2016556,18133.011.79$12,904
Feb 201605,06726.472.06$10,456
Jan 2016415,18527.352.36$13,381
Dec 201505,39732.362.00$10,802
Nov 2015784,89238.792.17$13,628
Oct 2015795,89743.552.43$17,750
Sep 2015115,24142.992.76$14,930
Aug 2015254,78540.162.87$14,749
Jul 201505,29548.152.95$15,594
Jun 2015345,66656.152.88$18,243
May 2015285,76455.212.96$18,581
Apr 2015286,63349.822.71$19,348
Mar 201506,35442.892.93$18,647
Feb 201505,49444.662.98$16,351
Jan 2015315,80243.433.10$19,336
Dec 201406,68554.693.59$24,008
Nov 2014996,64570.464.25$35,229
Oct 2014117,35878.303.90$29,565
Sep 201407,24786.164.05$29,317
Aug 2014907,69889.394.04$39,107
Jul 2014898,28596.564.18$43,222
Jun 201407,60698.164.74$36,029
May 201407,67394.734.73$36,267
Apr 2014907,29695.944.81$43,722
Mar 2014886,80295.895.06$42,835
Feb 2014846,62097.406.19$49,173
Jan 201406,85390.404.86$33,311
Dec 2013897,19791.824.35$39,511
Nov 2013906,92388.853.74$33,877
Oct 201307,39697.423.78$27,952
Sep 201307,655104.113.72$28,459
Aug 2013798,495104.253.52$38,160
Jul 2013818,734102.523.72$40,775
Jun 201308,60094.403.93$33,827
May 2013447,95194.834.15$37,162
Apr 2013537,98093.964.28$39,155
Mar 201307,88993.623.91$30,869
Feb 2013858,19591.233.42$35,781
Jan 201308,55491.603.42$29,254
Dec 2012826,84986.773.42$30,540
Nov 2012866,85486.953.62$32,323
Oct 2012846,49589.383.40$29,589
Sep 201207,50994.672.92$21,914
Aug 2012869,11192.662.91$34,465
Jul 201208,14785.133.02$24,610
Jun 2012837,70479.822.52$26,032
May 2012848,09991.612.49$27,848
Apr 2012817,261101.652.00$22,732
Mar 2012837,991105.052.22$26,476
Feb 2012828,709101.102.57$30,674
Jan 201209,80298.092.73$26,799
Dec 20118710,76996.873.24$43,316
Nov 20118510,51895.723.31$42,964
Oct 20118513,00484.983.65$54,669
Sep 2011012,78983.623.99$50,974
Aug 20115912,85383.404.15$58,252
Jul 20116612,12994.144.52$61,003
Jun 20116511,85792.904.64$61,054
May 20116411,71898.134.40$57,896
Apr 20116611,481105.964.33$56,744
Mar 20116611,51396.364.06$53,072
Feb 20116210,82585.644.18$50,558
Jan 20116411,53386.504.59$58,458
Dec 20107011,40585.734.35$55,587
Nov 20106012,09780.843.80$50,763
Oct 20106012,08478.103.51$47,087
Sep 2010018,14572.633.98$72,207
Aug 20108615,62573.684.42$75,389
Jul 20107817,02072.554.74$86,274
Jun 20106015,52270.364.91$80,441
May 20106018,35371.124.24$81,996
Apr 20106818,77381.694.12$82,950
Mar 20107717,59878.394.39$83,268
Feb 201016416,25473.585.44$100,527
Jan 20106718,27374.365.96$113,964
Dec 20095418,90171.445.48$107,506
Nov 200912319,52874.593.75$82,434
Oct 20095922,15572.544.11$95,342
Sep 20095823,96965.543.06$77,260
Aug 20093727,82967.423.22$92,062
Jul 20095928,45361.133.46$102,182
Jun 20096831,52166.163.90$127,273
May 200912630,78754.743.93$127,759
Apr 200913731,34346.773.59$118,851
Mar 200910039,37642.144.06$164,041
Feb 200921739,54132.814.63$190,313
Jan 200921339,40735.865.37$219,293
Dec 200831030,42137.105.98$193,332
Nov 200831827,41055.496.86$205,688
Oct 200829130,24975.246.92$231,278
Sep 200826631,478101.767.88$275,023
Aug 200848536,008114.228.48$360,853
Jul 200843140,167131.0811.39$513,975
Jun 200835044,820131.3313.03$630,088
May 200852753,982123.1711.57$689,714
Apr 200835958,266110.3110.45$648,764
Mar 200873670,065101.909.66$752,111
Feb 200853774,28092.538.77$701,167
Jan 200853291,27190.388.21$797,027
Dec 20071,084112,14088.337.30$914,593
Nov 200789280,36191.677.29$667,738
Oct 200742751,39782.856.92$391,146

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.

Feb 2026 — as filed, then multipliedworked
Condensate           100 bbl  × $ 63.50 =     $6,350
Gas                  998 Mcf  × $  3.75 =     $3,743

────────────────────────────────────────────────────
Month total                                  $10,093

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. 02/G/232055 is the state's own key, not one this site invented.