WALDRON, M.L. GU #1

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 162166District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 1997 – Dec 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
300
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 Gas111998-02-02136884
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
CondensateDisposition6,573 bbl$310,987
GasProduction827,299 Mcf$3,197,141
Total$3,508,128

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 32.4146, -94.5231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41463, -94.52307 · 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
10,478 ft
1 wells filed one
Completion to plug
25.0 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 10,478 ft.

Completions filed
Jan 1997
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 25.0 years across the 1 well that filed both dates, with the middle half between 25.0 years and 25.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332396710,478 ftJan 1997Jan 2022Yes

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 (300)

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

300 months

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 20188793961.782.77$7,972
Jan 20180362.874.01$12
Dec 201701,12357.272.92$3,281
Nov 201711,64855.423.12$5,194
Oct 201711,00349.292.98$3,042
Sep 201711,14847.523.09$3,592
Aug 20171621,19645.373.00$10,943
Jul 201701,20743.873.09$3,726
Jun 201711,19042.493.09$3,716
May 20171081,20745.373.26$8,839
Apr 2017094847.933.21$3,045
Mar 2017058846.772.98$1,754
Feb 2017084550.452.95$2,495
Jan 2017481,00649.413.42$5,811
Dec 2016190448.763.72$3,414
Nov 201621,05842.492.64$2,883
Oct 2016781,14646.193.09$7,144
Sep 201651,18441.553.10$3,879
Aug 201631,88141.442.92$5,625
Jul 20161051,22241.622.92$7,944
Jun 2016742,14345.352.69$9,112
May 201632,38542.521.99$4,876
Apr 201671,95036.561.99$4,138
Mar 201621,51233.011.79$2,779
Feb 20161181,59926.472.06$6,423
Jan 201641,60027.352.36$3,892
Dec 201561,99232.362.00$4,181
Nov 201581,89938.792.17$4,426
Oct 201541,67843.552.43$4,246
Sep 2015181,90042.992.76$6,015
Aug 2015301,78340.162.87$6,326
Jul 2015391,92248.152.95$7,538
Jun 201542,75456.152.88$8,164
May 2015322,58255.212.96$9,398
Apr 2015482,24649.822.71$8,470
Mar 201532,17042.892.93$6,497
Feb 2015361,85444.662.98$7,126
Jan 201552,17143.433.10$6,949
Dec 2014122,09254.693.59$8,169
Nov 201461,97870.464.25$8,833
Oct 2014221,99278.303.90$9,493
Sep 201442,46886.164.05$10,329
Aug 2014982,84189.394.04$20,224
Jul 2014372,80996.564.18$15,313
Jun 2014512,53598.164.74$17,014
May 20141482,69594.734.73$26,758
Apr 2014421,91895.944.81$13,253
Mar 201411,84095.895.06$9,400
Feb 2014161,60397.406.19$11,484
Jan 201451,77590.404.86$9,080
Dec 2013161,67191.824.35$8,745
Nov 2013261,73788.853.74$8,803
Oct 2013131,93297.423.78$8,568
Sep 201324,147104.113.72$15,626
Aug 2013694,751104.253.52$23,929
Jul 201345,315102.523.72$20,170
Jun 2013472,92494.403.93$15,938
May 201301,72694.834.15$7,161
Apr 2013971,72893.964.28$16,514
Mar 201311,79593.623.91$7,117
Feb 2013301,53591.233.42$7,986
Jan 201301,56091.603.42$5,335
Dec 2012261,81686.773.42$8,467
Nov 201201,52586.953.62$5,528
Oct 2012311,74089.383.40$8,686
Sep 2012251,66594.672.92$7,226
Aug 201201,83592.662.91$5,336
Jul 2012282,02385.133.02$8,495
Jun 2012261,84279.822.52$6,715
May 2012261,88591.612.49$7,072
Apr 201202,002101.652.00$3,998
Mar 2012242,041105.052.22$7,056
Feb 2012272,308101.102.57$8,662
Jan 201202,16498.092.73$5,917
Dec 201102,16696.873.24$7,017
Nov 2011282,08895.723.31$9,594
Oct 2011512,20284.983.65$12,368
Sep 2011262,16383.623.99$10,795
Aug 2011242,25883.404.15$11,371
Jul 2011232,35194.144.52$12,785
Jun 2011262,21892.904.64$12,707
May 2011282,28698.134.40$12,817
Apr 2011252,128105.964.33$11,870
Mar 2011522,44996.364.06$14,947
Feb 2011272,13285.644.18$11,224
Jan 2011262,27186.504.59$12,670
Dec 2010282,10885.734.35$11,566
Nov 2010252,46580.843.80$11,376
Oct 2010272,29478.103.51$10,158
Sep 2010252,01172.633.98$9,818
Aug 2010271,83273.684.42$10,086
Jul 2010261,66472.554.74$9,768
Jun 2010281,76270.364.91$10,622
May 2010551,41471.124.24$9,900
Apr 201001,45181.694.12$5,982
Mar 2010271,47678.394.39$8,594
Feb 2010251,30873.585.44$8,958
Jan 2010271,29774.365.96$9,743
Dec 2009281,97471.445.48$12,825
Nov 200901,42574.593.75$5,346
Oct 2009191,35072.544.11$6,927
Sep 200902,52465.543.06$7,735
Aug 2009272,49867.423.22$9,860
Jul 200901,87361.133.46$6,489
Jun 2009261,51466.163.90$7,617
May 2009271,51354.743.93$7,418
Apr 2009271,43546.773.59$6,411
Mar 2009241,52242.144.06$7,189
Feb 2009252,47832.814.63$12,301
Jan 2009232,08335.865.37$12,013
Dec 2008251,55737.105.98$10,234
Nov 2008571,66055.496.86$14,551
Oct 2008602,38375.246.92$21,009
Sep 2008511,523101.767.88$17,187
Aug 2008532,114114.228.48$23,987
Jul 200801,507131.0811.39$17,164
Jun 2008511,789131.3313.03$30,013
May 200802,444123.1711.57$28,288
Apr 2008531,132110.3110.45$17,681
Mar 2008241,465101.909.66$16,603
Feb 2008231,62792.538.77$16,398
Jan 200801,97990.388.21$16,239
Dec 200702,01588.337.30$14,713
Nov 200702,26991.677.29$16,545
Oct 2007301,94482.856.92$15,942
Sep 200702,09375.846.24$13,069
Aug 200702,12469.066.39$13,568
Jul 200702,12670.906.39$13,581
Jun 2007102,00762.007.55$15,770
May 200702,06358.747.85$16,187
Apr 200702,08159.617.81$16,243
Mar 200792,11356.927.30$15,941
Feb 200701,95055.108.22$16,021
Jan 2007112,29650.306.73$15,998
Dec 200601,32256.656.92$9,146
Nov 200602,36354.207.62$18,000
Oct 200602,20154.906.01$13,236
Sep 200692,42260.085.04$12,741
Aug 200601,87468.717.34$13,755
Jul 2006101,60069.376.34$10,842
Jun 200601,68166.286.38$10,731
May 200601,76966.016.42$11,366
Apr 2006101,06264.397.36$8,461
Mar 200601,84756.707.08$13,082
Feb 2006111,85457.597.75$15,004
Jan 200601,53960.598.93$13,748
Dec 2005101,89654.9413.42$25,985
Nov 200501,49054.6910.59$15,777
Oct 200501,43958.3413.80$19,852
Sep 2005102,45461.4512.08$30,256
Aug 200501,59261.519.80$15,597
Jul 2005102,45055.697.84$19,774
Jun 2005101,61652.337.38$12,451
May 200562,30545.226.65$15,602
Apr 2005103,97949.207.36$29,779
Mar 2005101,75050.377.15$13,025
Feb 200502,07945.226.31$13,122
Jan 2005221,57343.166.32$10,894
Dec 200401,77439.866.75$11,976
Nov 2004202,87545.286.33$19,106
Oct 2004101,87049.706.52$12,680
Sep 200403,10743.245.28$16,417
Aug 200492,61642.375.55$14,902
Jul 200403,30638.286.08$20,114
Jun 2004101,85836.106.43$12,314
May 2004102,15037.486.49$14,338
Apr 200403,75234.475.86$21,981
Mar 2004102,92034.365.53$16,492
Feb 200402,43132.455.51$13,394
Jan 2004102,97532.036.30$19,062
Dec 200302,90830.266.30$18,325
Nov 2003113,33928.804.60$15,660
Oct 200383,33328.174.76$16,089
Sep 2003102,47526.314.75$12,018
Aug 2003102,58329.765.13$13,548
Jul 200303,44329.415.17$17,803
Jun 2003103,57528.565.98$21,675
May 2003103,50526.595.97$21,200
Apr 200383,35826.675.41$18,371
Mar 200323,79731.146.10$23,209
Feb 2003273,17933.487.93$26,100
Jan 2003103,56930.315.58$20,225
Dec 2002103,33426.914.85$16,452
Nov 200292,94024.664.14$12,385
Oct 200282,83026.464.23$12,180
Sep 200282,59127.443.64$9,638
Aug 200293,22825.963.16$10,448
Jul 2002103,51124.583.06$10,996
Jun 2002103,23223.733.34$11,026
May 2002103,20524.663.58$11,733
Apr 2002103,41923.653.51$12,245
Mar 2002153,73222.003.10$11,909
Feb 200253,27318.222.38$7,867
Jan 2002103,31817.172.38$8,054
Dec 200153,11316.932.36$7,445
Nov 2001163,70718.072.41$9,206
Oct 2001533,30819.782.53$9,414
Sep 200103,57924.262.25$8,057
Aug 2001303,70724.873.05$12,064
Jul 2001303,51123.933.20$11,943
Jun 2001293,27424.563.82$13,233
May 2001293,99125.524.31$17,931
Apr 2001234,07524.685.34$22,309
Mar 2001303,21524.545.38$18,021
Feb 2001274,83527.755.77$28,633
Jan 2001293,87327.478.40$33,325
Dec 2000304,26126.889.12$39,677
Nov 2000315,32332.215.66$31,116
Oct 2000315,29131.235.15$28,193
Sep 2000314,94431.875.19$26,630
Aug 200055,42729.644.54$24,791
Jul 200005,35628.534.09$21,905
Jun 200005,47629.304.40$24,079
May 200005,77227.263.68$21,240
Apr 200005,83824.513.12$18,191
Mar 200006,37328.422.86$18,225
Feb 200004,95327.622.73$13,504
Jan 200006,73425.272.48$16,704
Dec 199905,46724.282.42$13,250
Nov 199905,63223.192.43$13,708
Oct 199906,19820.982.80$17,377
Sep 199905,32421.752.62$13,943
Aug 199905,70319.262.88$16,400
Jul 199905,39017.892.37$12,787
Jun 199905,45915.942.36$12,895
May 199975,65615.792.32$13,238
Apr 199945,23815.102.21$11,626
Mar 1999395,64312.471.84$10,860
Feb 1999375,3219.981.82$10,042
Jan 199975,59010.381.90$10,693
Dec 199875,2349.201.77$9,346
Nov 1998524,96810.892.19$11,425
Oct 19981935,48012.421.97$13,188
Sep 19981714,39812.592.08$11,312
Aug 1998705,50111.301.91$11,283
Jul 1998287,19811.742.24$16,433
Jun 1998187,08111.242.24$16,044
May 1998107,47412.622.21$16,616
Apr 1998417,44513.042.51$19,187
Mar 1998537,85912.802.31$18,828
Feb 1998457,21713.952.30$17,221
Jan 1998798,66414.702.15$19,830
Dec 19979111,31816.322.41$28,774
Nov 199796,82218.193.09$21,232
Oct 199703,77119.253.15$11,878
Sep 199793,10217.742.95$9,326
Aug 1997655,35317.862.55$14,836
Jul 199711512,57417.582.25$30,275
Jun 199711111,59117.242.26$28,077
May 19977218,32818.972.31$43,676
Apr 19979418,20917.882.08$39,606
Mar 199730927,57418.951.94$59,325
Feb 199760237,97920.492.21$96,113
Jan 1997366,09123.483.54$22,406

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 2018 — as filed, then multipliedworked
Condensate            87 bbl  × $ 61.78 =     $5,375
Gas                  939 Mcf  × $  2.77 =     $2,597

────────────────────────────────────────────────────
Month total                                   $7,972

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/162166 is the state's own key, not one this site invented.