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 166920District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
May 1997 – Jan 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
309
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 Gas111998-05-26138824
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
CondensateDisposition6,746 bbl$257,845
GasProduction902,782 Mcf$3,337,477
Total$3,595,322

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 32.4109, -94.5170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41089, -94.51699 · 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
10,390 ft
1 wells filed one
Completion to plug
25.7 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 10,390 ft.

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

Last completion to plug: a median of 25.7 years across the 1 well that filed both dates, with the middle half between 25.7 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332399810,390 ftMay 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 (309)

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

309 months

Jan 20230076.533.39$0
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 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 20154049.822.71$199
Mar 20150042.892.93$0
Feb 2015271,37344.662.98$5,292
Jan 201542,10343.433.10$6,694
Dec 201462,15754.693.59$8,075
Nov 201452,04870.464.25$9,060
Oct 201462,14278.303.90$8,826
Sep 201422,08486.164.05$8,603
Aug 2014121,92089.394.04$8,820
Jul 2014102,25696.564.18$10,395
Jun 2014322,22498.164.74$13,676
May 201421,77794.734.73$8,589
Apr 201451,48895.944.81$7,636
Mar 201411,43895.895.06$7,368
Feb 201481,37097.406.19$9,262
Jan 201451,37990.404.86$7,155
Dec 2013161,17891.824.35$6,599
Nov 2013151,14388.853.74$5,606
Oct 201321,03897.423.78$4,118
Sep 201311,156104.113.72$4,402
Aug 201381,468104.253.52$6,005
Jul 20134504102.523.72$2,284
Jun 20132427494.403.93$3,343
May 2013020894.834.15$863
Apr 2013441993.964.28$2,170
Mar 2013291293.623.91$3,756
Feb 20136371891.233.42$8,203
Jan 201301,20991.603.42$4,135
Dec 2012611,32086.773.42$9,808
Nov 201201,61686.953.62$5,858
Oct 2012311,89389.383.40$9,206
Sep 2012251,88794.672.92$7,874
Aug 201202,14092.662.91$6,223
Jul 2012251,97885.133.02$8,103
Jun 2012202,23179.822.52$7,216
May 2012242,44291.612.49$8,275
Apr 201202,551101.652.00$5,094
Mar 2012252,600105.052.22$8,404
Feb 2012282,387101.102.57$8,966
Jan 201202,46098.092.73$6,726
Dec 201102,45196.873.24$7,941
Nov 2011282,35795.723.31$10,485
Oct 2011482,46384.983.65$13,065
Sep 2011262,35083.623.99$11,541
Aug 2011242,34683.404.15$11,736
Jul 2011272,16394.144.52$12,313
Jun 2011272,21092.904.64$12,762
May 2011282,33298.134.40$13,020
Apr 2011252,298105.964.33$12,607
Mar 2011523,12396.364.06$17,682
Feb 2011302,54585.644.18$13,207
Jan 2011272,31786.504.59$12,968
Dec 2010292,49385.734.35$13,325
Nov 2010202,46080.843.80$10,953
Oct 2010262,73178.103.51$11,613
Sep 2010272,70672.633.98$12,729
Aug 2010262,55873.684.42$13,220
Jul 2010261,94572.554.74$11,099
Jun 2010331,54870.364.91$9,923
May 2010621,78271.124.24$11,957
Apr 201002,10081.694.12$8,658
Mar 2010272,52978.394.39$13,215
Feb 2010262,37573.585.44$14,839
Jan 2010281,69474.365.96$12,185
Dec 2009301,62971.445.48$11,076
Nov 200901,70174.593.75$6,381
Oct 2009192,02472.544.11$9,697
Sep 200902,68665.543.06$8,232
Aug 2009193,20267.423.22$11,587
Jul 200903,10261.133.46$10,747
Jun 2009273,37966.163.90$14,948
May 2009272,85454.743.93$12,682
Apr 2009282,35746.773.59$9,765
Mar 2009292,22342.144.06$10,245
Feb 2009272,43032.814.63$12,144
Jan 2009322,83735.865.37$16,385
Dec 2008342,51937.105.98$16,318
Nov 2008642,42055.496.86$20,153
Oct 2008582,54375.246.92$21,967
Sep 2008592,832101.767.88$28,312
Aug 2008532,553114.228.48$27,711
Jul 200802,417131.0811.39$27,528
Jun 2008572,722131.3313.03$42,961
May 200803,097123.1711.57$35,846
Apr 2008541,988110.3110.45$26,741
Mar 2008262,835101.909.66$30,047
Feb 2008262,46092.538.77$23,981
Jan 200802,52490.388.21$20,711
Dec 200701,83988.337.30$13,428
Nov 200702,11991.677.29$15,451
Oct 2007311,59782.856.92$13,623
Sep 200702,00775.846.24$12,532
Aug 200701,60069.066.39$10,221
Jul 200701,56770.906.39$10,010
Jun 2007201,60162.007.55$13,325
May 200701,26358.747.85$9,910
Apr 2007093259.617.81$7,274
Mar 2007171,56456.927.30$12,388
Feb 200701,75955.108.22$14,452
Jan 2007201,98450.306.73$14,352
Dec 200601,05756.656.92$7,313
Nov 200602,43754.207.62$18,564
Oct 200601,58154.906.01$9,508
Sep 2006192,62560.085.04$14,364
Aug 200601,68368.717.34$12,353
Jul 2006201,59069.376.34$11,472
Jun 200601,22866.286.38$7,839
May 2006099766.016.42$6,406
Apr 20062096264.397.36$8,369
Mar 200601,17556.707.08$8,322
Feb 2006221,38457.597.75$11,995
Jan 200601,52760.598.93$13,641
Dec 2005211,15454.9413.42$16,635
Nov 200501,21854.6910.59$12,897
Oct 200501,04958.3413.80$14,472
Sep 2005211,42961.4512.08$18,551
Aug 2005094661.519.80$9,268
Jul 2005192,49955.697.84$20,659
Jun 2005201,37252.337.38$11,173
May 2005122,04745.226.65$14,158
Apr 2005203,06849.207.36$23,566
Mar 2005191,33650.377.15$10,516
Feb 200501,29645.226.31$8,180
Jan 2005441,72543.166.32$12,805
Dec 200401,07639.866.75$7,264
Nov 2004402,62245.286.33$18,410
Oct 2004192,79849.706.52$19,174
Sep 200403,08943.245.28$16,322
Aug 2004202,66542.375.55$15,640
Jul 200402,45438.286.08$14,931
Jun 2004202,57036.106.43$17,255
May 2004204,44637.486.49$29,625
Apr 200405,36334.475.86$31,419
Mar 2004203,91234.365.53$22,321
Feb 2004073032.455.51$4,022
Jan 2004201,25332.036.30$8,534
Dec 2003096530.266.30$6,081
Nov 2003211,18228.804.60$6,036
Oct 2003161,11328.174.76$5,748
Sep 2003201,11626.314.75$5,826
Aug 2003201,21729.765.13$6,838
Jul 200301,40029.415.17$7,239
Jun 2003201,47128.565.98$9,372
May 2003211,68926.595.97$10,646
Apr 2003211,83926.675.41$10,504
Mar 2003213,20531.146.10$20,192
Feb 2003223,88033.487.93$31,489
Jan 2003205,26230.315.58$29,979
Dec 2002212,36526.914.85$12,044
Nov 2002201,80524.664.14$7,960
Oct 2002202,04826.464.23$9,190
Sep 2002191,57927.443.64$6,261
Aug 2002191,71125.963.16$5,907
Jul 2002212,00724.583.06$6,661
Jun 2002192,00523.733.34$7,144
May 2002192,26924.663.58$8,601
Apr 2002192,48723.653.51$9,184
Mar 2002293,32122.003.10$10,942
Feb 2002103,83718.222.38$9,298
Jan 2002224,25117.172.38$10,477
Dec 2001113,76816.932.36$9,095
Nov 2001333,70518.072.41$9,509
Oct 2001873,63719.782.53$10,918
Sep 200104,24924.262.25$9,566
Aug 2001454,39424.873.05$14,535
Jul 2001444,55723.933.20$15,622
Jun 2001444,45524.563.82$18,117
May 2001464,23225.524.31$19,403
Apr 2001494,04624.685.34$22,796
Mar 2001474,53824.545.38$25,552
Feb 2001465,84127.755.77$34,962
Jan 2001465,06227.478.40$43,778
Dec 2000465,38626.889.12$50,370
Nov 2000464,45132.215.66$26,665
Oct 2000465,97231.235.15$32,166
Sep 2000465,65231.875.19$30,780
Aug 200076,19229.644.54$28,324
Jul 200005,84428.534.09$23,901
Jun 200006,11329.304.40$26,880
May 200006,11827.263.68$22,513
Apr 200007,08424.513.12$22,074
Mar 200007,03328.422.86$20,113
Feb 200006,28027.622.73$17,122
Jan 200005,63125.272.48$13,968
Dec 199906,64324.282.42$16,101
Nov 199906,82223.192.43$16,605
Oct 199907,47120.982.80$20,947
Sep 199906,98221.752.62$18,285
Aug 199907,89119.262.88$22,691
Jul 199907,12217.892.37$16,896
Jun 199907,57215.942.36$17,886
May 199998,06315.792.32$18,856
Apr 199977,92815.102.21$17,611
Mar 1999778,33512.471.84$16,283
Feb 1999748,5799.981.82$16,333
Jan 1999149,99010.381.90$19,126
Dec 19981510,9469.201.77$19,549
Nov 1998119,44110.892.19$20,755
Oct 1998710,91112.421.97$21,573
Sep 19989011,26012.592.08$24,583
Aug 199813611,25711.301.91$23,008
Jul 199814812,98511.742.24$30,788
Jun 199817612,60611.242.24$30,181
May 19989512,92012.622.21$29,705
Apr 199825112,98213.042.51$35,797
Mar 199819014,29912.802.31$35,455
Feb 199820514,56613.952.30$36,349
Jan 199821218,38614.702.15$42,734
Dec 199725819,38416.322.41$50,947
Nov 199726417,87818.193.09$60,014
Oct 199719919,86219.253.15$66,392
Sep 199731628,92917.742.95$91,088
Aug 19970017.862.55$0
Jul 199728138,04917.582.25$90,434
Jun 199714751,83017.242.26$119,525
May 19978233,73218.972.31$79,426

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/166920 is the state's own key, not one this site invented.