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 162328District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Feb 1997 – Dec 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 Gas111998-01-15136883
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
CondensateDisposition10,945 bbl$448,218
GasProduction888,943 Mcf$3,390,864
Total$3,839,082

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, -94.5330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41458, -94.53303 · 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
10,425 ft
1 wells filed one
Completion to plug
25.9 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 10,425 ft.

Completions filed
Feb 1997
1 of 1 wells
Plug dates filed
Jan 2023
1 of 1 wells

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332397610,425 ftFeb 1997Jan 2023Yes

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 (311)

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

311 months

Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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 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 20171145.373.00$48
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 201616336.561.99$162
Mar 2016170933.011.79$1,305
Feb 2016291,47026.472.06$3,801
Jan 201631,52127.352.36$3,678
Dec 201541,42732.362.00$2,985
Nov 201511498438.792.17$6,555
Oct 2015389943.552.43$2,312
Sep 2015481,14942.992.76$5,233
Aug 2015831,14440.162.87$6,619
Jul 2015921,61348.152.95$9,180
Jun 201521,19556.152.88$3,557
May 20151401,70455.212.96$12,765
Apr 20151131,68549.822.71$10,190
Mar 201551,42142.892.93$4,385
Feb 201510070244.662.98$6,555
Jan 201561,35343.433.10$4,456
Dec 2014691,75354.693.59$10,069
Nov 201461,43970.464.25$6,541
Oct 20141271,36478.303.90$15,265
Sep 201431,52786.164.05$6,436
Aug 2014772,02989.394.04$15,070
Jul 20141401,97196.564.18$21,756
Jun 20141031,44298.164.74$16,941
May 20141491,85094.734.73$22,859
Apr 2014961,33495.944.81$15,626
Mar 201411,54595.895.06$7,909
Feb 20141111,36397.406.19$19,251
Jan 201461,39890.404.86$7,338
Dec 2013891,22591.824.35$13,506
Nov 20131191,14188.853.74$14,839
Oct 20131771,04397.423.78$21,185
Sep 201321,366104.113.72$5,287
Aug 2013781,495104.253.52$13,398
Jul 201341,186102.523.72$4,819
Jun 2013231,01994.403.93$6,179
May 201301,16994.834.15$4,850
Apr 201351,24593.964.28$5,802
Mar 201321,26493.623.91$5,133
Feb 2013261,14891.233.42$6,298
Jan 201301,22991.603.42$4,203
Dec 2012251,12286.773.42$6,007
Nov 201201,17586.953.62$4,259
Oct 2012241,14689.383.40$6,041
Sep 2012241,42694.672.92$6,434
Aug 201201,41592.662.91$4,115
Jul 2012241,48285.133.02$6,520
Jun 2012251,47579.822.52$5,711
May 2012261,37891.612.49$5,811
Apr 201201,516101.652.00$3,027
Mar 2012331,564105.052.22$6,942
Feb 2012281,388101.102.57$6,398
Jan 201201,47698.092.73$4,036
Dec 201101,57296.873.24$5,093
Nov 2011281,64995.723.31$8,140
Oct 2011511,72484.983.65$10,624
Sep 2011261,64483.623.99$8,727
Aug 2011241,65083.404.15$8,848
Jul 2011271,61494.144.52$9,833
Jun 2011221,71492.904.64$9,997
May 2011251,74698.134.40$10,144
Apr 2011251,634105.964.33$9,730
Mar 2011521,74896.364.06$12,103
Feb 2011261,57885.644.18$8,823
Jan 2011261,79786.504.59$10,495
Dec 2010251,80085.734.35$9,969
Nov 2010251,80680.843.80$8,875
Oct 2010271,95678.103.51$8,972
Sep 2010271,96672.633.98$9,785
Aug 2010272,05073.684.42$11,049
Jul 2010212,03672.554.74$11,167
Jun 2010162,02570.364.91$11,069
May 20104132571.124.24$4,292
Apr 2010058781.694.12$2,420
Mar 20102666278.394.39$4,943
Feb 20102258773.585.44$4,813
Jan 20102577774.365.96$6,493
Dec 20092873671.445.48$6,036
Nov 200901,25974.593.75$4,723
Oct 2009191,77972.544.11$8,690
Sep 200901,47665.543.06$4,524
Aug 20092485967.423.22$4,383
Jul 200901,41561.133.46$4,902
Jun 2009251,12866.163.90$6,048
May 20092799554.743.93$5,384
Apr 20092698146.773.59$4,735
Mar 2009231,18742.144.06$5,787
Feb 2009251,55132.814.63$8,006
Jan 2009231,40235.865.37$8,355
Dec 2008251,36437.105.98$9,080
Nov 2008461,17455.496.86$10,607
Oct 2008451,34175.246.92$12,668
Sep 2008511,354101.767.88$15,855
Aug 2008481,218114.228.48$15,815
Jul 200801,477131.0811.39$16,822
Jun 2008421,523131.3313.03$25,365
May 200801,865123.1711.57$21,586
Apr 2008431,222110.3110.45$17,519
Mar 2008201,161101.909.66$13,258
Feb 2008251,80792.538.77$18,162
Jan 200801,84490.388.21$15,131
Dec 200701,63688.337.30$11,946
Nov 200702,14191.677.29$15,612
Oct 2007142,19082.856.92$16,319
Sep 200702,07275.846.24$12,938
Aug 200702,13269.066.39$13,619
Jul 200701,96370.906.39$12,540
Jun 2007202,06362.007.55$16,812
May 200702,26258.747.85$17,748
Apr 200702,05159.617.81$16,008
Mar 2007171,73256.927.30$13,615
Feb 200702,35055.108.22$19,308
Jan 2007212,38950.306.73$17,127
Dec 200601,26756.656.92$8,766
Nov 200602,72354.207.62$20,742
Oct 200602,32954.906.01$14,006
Sep 2006193,15560.085.04$17,034
Aug 200602,76468.717.34$20,288
Jul 2006202,44069.376.34$16,864
Jun 200602,13566.286.38$13,630
May 200601,68766.016.42$10,839
Apr 2006201,44764.397.36$11,938
Mar 200601,80456.707.08$12,778
Feb 2006211,76957.597.75$14,921
Jan 200602,57460.598.93$22,994
Dec 2005212,41754.9413.42$33,579
Nov 200501,93054.6910.59$20,436
Oct 200503,11458.3413.80$42,960
Sep 2005215,53661.4512.08$68,160
Aug 200503,80061.519.80$37,228
Jul 2005193,28455.697.84$26,817
Jun 2005202,88252.337.38$22,319
May 2005122,90745.226.65$19,878
Apr 2005202,64649.207.36$20,460
Mar 2005192,99350.377.15$22,372
Feb 200502,34345.226.31$14,789
Jan 2005442,24743.166.32$16,105
Dec 200402,21539.866.75$14,954
Nov 2004401,57145.286.33$11,756
Oct 2004192,39049.706.52$16,515
Sep 200402,30743.245.28$12,190
Aug 2004202,89742.375.55$16,928
Jul 200402,97238.286.08$18,082
Jun 2004202,33036.106.43$15,711
May 2004202,42537.486.49$16,499
Apr 200403,02634.475.86$17,728
Mar 2004202,90234.365.53$16,736
Feb 200402,76432.455.51$15,229
Jan 2004213,13332.036.30$20,409
Dec 200302,59530.266.30$16,353
Nov 2003212,80428.804.60$13,490
Oct 2003172,90728.174.76$14,315
Sep 2003203,21626.314.75$15,800
Aug 2003203,54029.765.13$18,754
Jul 200303,58729.415.17$18,548
Jun 2003203,53828.565.98$21,739
May 2003213,68026.595.97$22,538
Apr 2003213,66326.675.41$20,367
Mar 2003213,95331.146.10$24,752
Feb 2003223,50233.487.93$28,493
Jan 2003204,98730.315.58$28,444
Dec 2002214,73426.914.85$23,543
Nov 2002205,24624.664.14$22,196
Oct 2002204,49626.464.23$19,543
Sep 2002193,46927.443.64$13,132
Aug 2002193,88025.963.16$12,770
Jul 2002214,50324.583.06$14,303
Jun 2002194,90123.733.34$16,812
May 2002194,91824.663.58$18,095
Apr 2002194,65223.653.51$16,789
Mar 2002295,21922.003.10$16,831
Feb 2002104,59418.222.38$11,096
Jan 2002225,25917.172.38$12,871
Dec 2001114,64316.932.36$11,164
Nov 2001334,48418.072.41$11,383
Oct 2001593,65219.782.53$10,402
Sep 200104,42924.262.25$9,971
Aug 2001244,99024.873.05$15,832
Jul 2001244,38623.933.20$14,597
Jun 2001244,15124.563.82$16,464
May 2001265,33525.524.31$23,643
Apr 2001275,21724.685.34$28,501
Mar 2001251,75324.545.38$10,038
Feb 2001244,88427.755.77$28,832
Jan 2001246,04027.478.40$51,388
Dec 2000256,95526.889.12$64,119
Nov 2000253,12532.215.66$18,487
Oct 2000244,21231.235.15$22,422
Sep 2000255,74931.875.19$30,614
Aug 20001126,18929.644.54$31,422
Jul 20001906,46428.534.09$31,857
Jun 20001776,50029.304.40$33,768
May 20001816,27927.263.68$28,039
Apr 20003716,11524.513.12$28,148
Mar 200066,56728.422.86$18,951
Feb 20003776,98027.622.73$29,444
Jan 200003,95325.272.48$9,805
Dec 19993766,47924.282.42$24,833
Nov 19991816,28323.192.43$19,490
Oct 19992006,89320.982.80$23,522
Sep 19993606,83521.752.62$25,730
Aug 19991957,31219.262.88$24,782
Jul 19991917,10817.892.37$20,280
Jun 19992007,53115.942.36$20,977
May 19991517,71215.792.32$20,284
Apr 199947,67015.102.21$16,996
Mar 199948,21012.471.84$15,143
Feb 1999117,7289.981.82$14,158
Jan 1999128,54810.381.90$16,365
Dec 199878,7779.201.77$15,629
Nov 19981069,01010.892.19$20,848
Oct 19981089,65912.421.97$20,362
Sep 1998289,27512.592.08$19,669
Aug 1998469,46711.301.91$18,577
Jul 19983910,68911.742.24$24,372
Jun 19982610,38511.242.24$23,526
May 1998910,80612.622.21$23,955
Apr 19985110,36513.042.51$26,633
Mar 19988211,25212.802.31$27,035
Feb 19987010,61013.952.30$25,370
Jan 199817912,25514.702.15$29,038
Dec 199712213,95416.322.41$35,636
Nov 19971109,48318.193.09$31,287
Oct 199711911,43319.253.15$38,303
Sep 19979310,85817.742.95$33,734
Aug 19976514,93917.862.55$39,326
Jul 199714315,75317.582.25$37,910
Jun 199716715,22117.242.26$37,236
May 199719027,21618.972.31$66,432
Apr 199757436,36317.882.08$85,999
Mar 199743739,67418.951.94$85,215
Feb 199706,27620.492.21$13,844

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.

Aug 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 45.37 =        $45
Gas                    1 Mcf  × $  3.00 =         $3

────────────────────────────────────────────────────
Month total                                      $48

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/162328 is the state's own key, not one this site invented.