SWEPCO GAS UNIT

Operated by SABINE ENERGY INC. (P-5 103925) 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 194814District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Apr 2003 – May 2026
Value, last 12 filed months
$81
at the published price for each month
Months reported
278
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 Gas112003-10-27153555
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
CondensateDisposition6,199 bbl$325,206
GasProduction698,467 Mcf$4,119,920
Total$4,445,127

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 32.4526, -94.5587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45262, -94.55865 · 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
10,670 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 10,670 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-20332770110,670 ftApr 2003

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 (278)

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

278 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260559.138.00$40
Dec 20250056.664.41$0
Nov 20250558.593.93$20
Oct 20250059.383.30$0
Sep 20250162.743.08$3
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250666.483.13$19
May 202501060.553.23$32
Apr 2025012762.363.54$450
Mar 2025064967.704.27$2,770
Feb 2025035870.884.34$1,554
Jan 2025045074.324.28$1,925
Dec 2024039868.993.12$1,242
Nov 2024046769.052.20$1,027
Oct 2024056471.372.28$1,287
Sep 2024096069.612.36$2,270
Aug 2024065875.632.06$1,358
Jul 2024082279.932.15$1,765
Jun 2024065878.082.63$1,733
May 2024080978.812.20$1,779
Apr 2024071684.451.66$1,188
Mar 202401,00280.301.55$1,548
Feb 2024053976.091.78$961
Jan 202401,18973.023.30$3,921
Dec 2023075771.262.61$1,976
Nov 2023099377.892.81$2,788
Oct 202301,03085.443.09$3,180
Sep 20233844989.042.74$4,612
Aug 2023049680.522.67$1,326
Jul 2023059974.852.64$1,582
Jun 202301,10268.962.26$2,489
May 2023076570.622.23$1,704
Apr 202309978.122.24$222
Mar 2023081672.852.39$1,953
Feb 20230175.112.47$2
Jan 2023065076.533.39$2,202
Dec 20220076.415.73$0
Nov 2022061185.005.65$3,450
Oct 202201,16887.185.86$6,849
Sep 2022315084.888.16$1,479
Aug 2022294094.529.13$8,769
Jul 20220646101.587.54$4,872
Jun 202271,050115.097.98$9,182
May 202271,231109.378.43$11,147
Apr 202201,816104.226.84$12,417
Mar 202201,111108.885.08$5,640
Feb 202201,05091.054.86$5,102
Jan 2022076081.844.54$3,449
Dec 202101,39971.323.90$5,455
Nov 202102,54177.435.24$13,307
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 2020081038.772.71$2,192
Oct 2020040736.972.48$1,009
Sep 2020032837.091.99$653
Aug 2020066139.982.39$1,577
Jul 2020075138.371.83$1,371
Jun 2020080934.901.69$1,367
May 202001,15716.921.81$2,100
Apr 202011884514.751.80$3,265
Mar 202001,27330.341.86$2,363
Feb 202001,12249.881.98$2,222
Jan 202031,41757.252.09$3,140
Dec 201911,16659.012.30$2,746
Nov 2019010955.302.75$300
Oct 2019043053.472.42$1,040
Sep 2019292955.052.66$2,579
Aug 2019094253.112.30$2,171
Jul 201901,12856.272.46$2,775
Jun 201951,33852.782.49$3,597
May 201931,31958.482.74$3,790
Apr 201942,66662.632.75$7,584
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019546046.033.23$1,715
Dec 2018111,55746.594.19$7,029
Nov 201881,32552.934.24$6,038
Oct 201891,34061.443.40$5,106
Sep 2018398459.543.11$3,237
Aug 201821,03759.403.07$3,299
Jul 2018280065.142.93$2,476
Jun 2018376460.183.08$2,531
May 2018372865.382.90$2,308
Apr 2018089363.842.90$2,590
Mar 2018088761.222.79$2,472
Feb 201801,15961.782.77$3,206
Jan 2018157662.874.01$2,372
Dec 2017072957.272.92$2,130
Nov 2017046155.423.12$1,438
Oct 2017046349.292.98$1,381
Sep 2017064347.523.09$1,985
Aug 2017037345.373.00$1,121
Jul 2017065943.873.09$2,035
Jun 2017048642.493.09$1,500
May 2017159545.373.26$1,987
Apr 2017050147.933.21$1,609
Mar 2017036646.772.98$1,092
Feb 2017030450.452.95$898
Jan 2017053549.413.42$1,829
Dec 2016061048.763.72$2,271
Nov 201618246442.492.64$8,960
Oct 2016043246.193.09$1,335
Sep 2016146741.553.10$1,490
Aug 2016046141.442.92$1,348
Jul 2016135041.622.92$1,065
Jun 2016053245.352.69$1,429
May 2016156542.521.99$1,167
Apr 2016054236.561.99$1,079
Mar 2016048633.011.79$872
Feb 2016081726.472.06$1,686
Jan 2016066227.352.36$1,565
Dec 2015065932.362.00$1,319
Nov 2015078238.792.17$1,695
Oct 2015057443.552.43$1,393
Sep 2015097642.992.76$2,692
Aug 201501,27140.162.87$3,651
Jul 2015087448.152.95$2,574
Jun 2015081256.152.88$2,341
May 2015080355.212.96$2,373
Apr 2015067649.822.71$1,830
Mar 2015165242.892.93$1,956
Feb 2015024344.662.98$723
Jan 2015029943.433.10$927
Dec 2014014854.693.59$532
Nov 2014321770.464.25$1,134
Oct 2014013778.303.90$534
Sep 2014013586.164.05$546
Aug 2014210989.394.04$619
Jul 201401896.564.18$75
Jun 20141311,82498.164.74$21,499
May 2014171,35594.734.73$8,015
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014118197.406.19$1,218
Jan 2014218690.404.86$1,085
Dec 2013170491.824.35$3,157
Nov 201382,06788.853.74$8,438
Oct 2013102,57797.423.78$10,714
Sep 201382,559104.113.72$10,347
Aug 2013253,499104.253.52$14,932
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013339493.964.28$1,969
Mar 20131711,41493.623.91$21,542
Feb 201352,20791.233.42$8,004
Jan 2013151,75891.603.42$7,386
Dec 201202,08886.773.42$7,141
Nov 201209486.953.62$341
Oct 2012238989.383.40$1,501
Sep 2012261694.672.92$1,987
Aug 201271,45592.662.91$4,880
Jul 201241,52985.133.02$4,959
Jun 2012101,68179.822.52$5,033
May 2012102,27591.612.49$6,577
Apr 201272,220101.652.00$5,144
Mar 201272,173105.052.22$5,564
Feb 201291,719101.102.57$5,328
Jan 201201,52498.092.73$4,167
Dec 20111801,66496.873.24$22,828
Nov 201101,65695.723.31$5,483
Oct 201101,86884.983.65$6,815
Sep 201101,60683.623.99$6,401
Aug 201101,81583.404.15$7,531
Jul 2011641,45694.144.52$12,602
Jun 201101,46792.904.64$6,807
May 201101,51898.134.40$6,687
Apr 201101,421105.964.33$6,158
Mar 201101,44796.364.06$5,871
Feb 201101,68385.644.18$7,035
Jan 201102,16586.504.59$9,935
Dec 201001,95485.734.35$8,496
Nov 201001,74880.843.80$6,634
Oct 201001,57178.103.51$5,512
Sep 201001,97072.633.98$7,840
Aug 20101772,23073.684.42$22,897
Jul 201001,72372.554.74$8,161
Jun 201001,58570.364.91$7,783
May 201001,62171.124.24$6,865
Apr 201001,83381.694.12$7,557
Mar 201001,80978.394.39$7,939
Feb 201002,02373.585.44$11,010
Jan 201003,79674.365.96$22,640
Dec 200902,28071.445.48$12,503
Nov 20091802,22374.593.75$21,766
Oct 200902,55272.544.11$10,489
Sep 200902,10365.543.06$6,445
Aug 200902,13667.423.22$6,875
Jul 200903,20761.133.46$11,111
Jun 200902,82266.163.90$10,992
May 200902,95754.743.93$11,608
Apr 200903,66746.773.59$13,155
Mar 20091903,71242.144.06$23,074
Feb 200903,15932.814.63$14,636
Jan 200905,51635.865.37$29,626
Dec 200801,79837.105.98$10,747
Nov 200801,58355.496.86$10,860
Oct 2008046775.246.92$3,233
Sep 20080505101.767.88$3,978
Aug 20080871114.228.48$7,389
Jul 200801,132131.0811.39$12,893
Jun 200802,578131.3313.03$33,598
May 200803,956123.1711.57$45,788
Apr 20081834,942110.3110.45$71,855
Mar 200804,971101.909.66$48,040
Feb 200804,59692.538.77$40,310
Jan 200802,51790.388.21$20,654
Dec 200703,30088.337.30$24,097
Nov 200704,32691.677.29$31,544
Oct 200705,09982.856.92$35,295
Sep 200704,30375.846.24$26,869
Aug 200706,04269.066.39$38,596
Jul 20071827,15270.906.39$58,590
Jun 200706,33762.007.55$47,835
May 200704,60258.747.85$36,109
Apr 200704,07459.617.81$31,798
Mar 2007133,58856.927.30$26,939
Feb 200707,54455.108.22$61,982
Jan 2007158,36950.306.73$57,052
Dec 2006125,49356.656.92$38,683
Nov 2006184,59754.207.62$35,993
Oct 20062015,08054.906.01$41,585
Sep 2006158,25860.085.04$42,498
Aug 2006385,24868.717.34$41,131
Jul 2006157,35769.376.34$47,704
Jun 20062209,79666.286.38$77,118
May 2006406,78066.016.42$46,202
Apr 2006585,38364.397.36$43,356
Mar 2006534,57156.707.08$35,381
Feb 2006535,46157.597.75$45,381
Jan 2006613,40460.598.93$34,105
Dec 2005116,16854.9413.42$83,351
Nov 2005296,39154.6910.59$69,256
Oct 20051956,58058.3413.80$102,152
Sep 200555,89861.4512.08$71,549
Aug 200596,34161.519.80$62,675
Jul 2005155,93455.697.84$47,380
Jun 2005143,45452.337.38$26,227
May 2005283,21745.226.65$22,663
Apr 2005455,64149.207.36$43,734
Mar 2005547,43350.377.15$55,902
Feb 20051966,74745.226.31$51,450
Jan 2005338,39843.166.32$54,518
Dec 200468,45539.866.75$57,320
Nov 20041738,30445.286.33$60,401
Oct 2004289,02349.706.52$60,177
Sep 2004318,01343.245.28$43,680
Aug 20042098,71142.375.55$57,207
Jul 20044610,76238.286.08$67,239
Jun 200418311,20736.106.43$78,701
May 20041311,88637.486.49$77,682
Apr 20041979,99434.475.86$65,340
Mar 20044110,17034.365.53$57,650
Feb 20042419,59332.455.51$60,674
Jan 200422512,75232.036.30$87,540
Dec 200324815,11730.266.30$102,766
Nov 200385,45928.804.60$25,315
Oct 200318610,26328.174.76$54,088
Sep 20033511,20826.314.75$54,152
Aug 200319115,30429.765.13$84,189
Jul 200318818,91929.415.17$103,356
Jun 200327219,87028.565.98$126,650
May 200318931,79726.595.97$194,939
Apr 200308,29926.675.41$44,875

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    5 Mcf  × $  8.00 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/194814 is the state's own key, not one this site invented.