MORGAN ESTATE GU

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153839District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$673 k
Dec 1994 – May 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
306
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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
High Cost Gas111995-05-26132080
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
CondensateDisposition2,170 bbl$65,196
GasProduction217,070 Mcf$607,454
Total$672,650

74,046 Mcf of this lease's gas, across 23 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 32.3246, -94.7686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32461, -94.76858 · 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
11,180 ft
1 wells filed one
Completion to plug
25.4 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 11,180 ft.

Completions filed
Dec 1994
1 of 1 wells
Plug dates filed
May 2020
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40132561111,180 ftDec 1994May 2020Yes

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 (306)

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

306 months

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 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
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 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201117095.723.31$1,627
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007131088.337.30$11,571
Nov 20073091.677.29$275
Oct 20070082.856.92$0
Sep 200703575.846.24$219
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
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 20062256.656.92$127
Nov 20060654.207.62$46
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006042468.717.34$3,112
Jul 200631,00069.376.34$6,551
Jun 2006081166.286.38$5,177
May 2006087066.016.42$5,590
Apr 2006040464.397.36$2,974
Mar 2006144556.707.08$3,209
Feb 2006073057.597.75$5,658
Jan 200601,67460.598.93$14,954
Dec 200501,21554.9413.42$16,300
Nov 200501,12654.6910.59$11,923
Oct 20051751,01158.3413.80$24,157
Sep 2005098461.4512.08$11,886
Aug 200501,00561.519.80$9,846
Jul 200511,15355.697.84$9,099
Jun 200501,22252.337.38$9,020
May 20051321,17445.226.65$13,778
Apr 200511,49449.207.36$11,046
Mar 200511,06950.377.15$7,699
Feb 200521,00045.226.31$6,402
Jan 200541,08843.166.32$7,051
Dec 2004181539.866.75$5,542
Nov 2004392645.286.33$5,998
Oct 200431,04649.706.52$6,964
Sep 2004289643.245.28$4,821
Aug 2004388542.375.55$5,039
Jul 2004691738.286.08$5,809
Jun 2004481936.106.43$5,413
May 2004184637.486.49$5,532
Apr 2004390734.475.86$5,417
Mar 2004394634.365.53$5,335
Feb 2004289232.455.51$4,979
Jan 200451,01132.036.30$6,529
Dec 200315299730.266.30$10,882
Nov 200361,04028.804.60$4,952
Oct 2003189128.174.76$4,269
Sep 2003394726.314.75$4,577
Aug 2003793429.765.13$4,999
Jul 2003496129.415.17$5,087
Jun 2003799528.565.98$6,153
May 200361,03426.595.97$6,335
Apr 200331,01926.675.41$5,590
Mar 200301,37731.146.10$8,394
Feb 200371,24033.487.93$10,062
Jan 200371,28830.315.58$7,402
Dec 2002070926.914.85$3,441
Nov 200201,21524.664.14$5,026
Oct 200241,05326.464.23$4,559
Sep 200291,11627.443.64$4,304
Aug 200241,19825.963.16$3,895
Jul 2002111,32224.583.06$4,318
Jun 20021731,44223.733.34$8,919
May 200291,40624.663.58$5,261
Apr 200261,43023.653.51$5,165
Mar 200241,47622.003.10$4,668
Feb 200281,52418.222.38$3,766
Jan 200231,59417.172.38$3,838
Dec 2001101,61716.932.36$3,993
Nov 2001589318.072.41$2,238
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200171,10023.933.20$3,684
Jun 200111,10224.563.82$4,239
May 200111,04925.524.31$4,544
Apr 200111,07524.685.34$5,760
Mar 200111,12424.545.38$6,068
Feb 2001192427.755.77$5,357
Jan 200131,09227.478.40$9,254
Dec 200011,24326.889.12$11,366
Nov 200011,23932.215.66$7,042
Oct 200011,14331.235.15$5,913
Sep 200071,30431.875.19$6,986
Aug 200001,35129.644.54$6,135
Jul 200001,43528.534.09$5,869
Jun 200001,09329.304.40$4,806
May 20001661,99327.263.68$11,859
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200006925.272.48$171
Dec 1999050024.282.42$1,212
Nov 199901,93023.192.43$4,698
Oct 199901,28120.982.80$3,592
Sep 199901,63421.752.62$4,279
Aug 199902,83919.262.88$8,164
Jul 199902,33217.892.37$5,532
Jun 199902,64215.942.36$6,241
May 199902,46015.792.32$5,710
Apr 199901,99715.102.21$4,409
Mar 199902,66412.471.84$4,897
Feb 199902,4259.981.82$4,408
Jan 199902,93510.381.90$5,576
Dec 199802,9939.201.77$5,308
Nov 19981271,29710.892.19$4,218
Oct 19989132112.421.97$1,762
Sep 199801,67712.592.08$3,493
Aug 199801,62511.301.91$3,099
Jul 1998085311.742.24$1,908
Jun 199801,48711.242.24$3,327
May 199801,76212.622.21$3,888
Apr 199801,89213.042.51$4,740
Mar 199801,32612.802.31$3,062
Feb 1998058813.952.30$1,352
Jan 199801,11014.702.15$2,392
Dec 199702,10816.322.41$5,083
Nov 199701,53518.193.09$4,740
Oct 199702,14319.253.15$6,750
Sep 199702,32517.742.95$6,870
Aug 19971542,11217.862.55$8,146
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199702,24218.972.31$5,176
Apr 199701,86917.882.08$3,893
Mar 199702,18418.951.94$4,235
Feb 199701,99620.492.21$4,403
Jan 199702,03823.483.54$7,214
Dec 199602,43823.32$0
Nov 199601,79821.97$0
Oct 199602,04423.31$0
Sep 199602,34022.22$0
Aug 19961432,39220.26$2,897
Jul 199602,91819.55$0
Jun 199602,54418.73$0
May 199602,48819.43$0
Apr 199602,83221.51$0
Mar 199602,59319.38$0
Feb 19961802,80916.98$3,056
Jan 199602,19617.07$0
Dec 199502,55117.19$0
Nov 199503,04516.00$0
Oct 199504,47615.43$0
Sep 199505,09216.18$0
Aug 19951763,41315.92$2,802
Jul 19951452,05515.24$2,210
Jun 19950016.41$0
May 199501,58517.56$0
Apr 1995584717.73$89
Mar 19950016.44$0
Feb 199501,26016.58$0
Jan 199508,06715.92$0
Dec 1994012,26315.03$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.

Nov 2011 — as filed, then multipliedworked
Condensate            17 bbl  × $ 95.72 =     $1,627
Gas                    0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $1,627

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/153839 is the state's own key, not one this site invented.