CAIN, FARON GAS UNIT

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 194816District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Apr 2003 – Aug 2024
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
257
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 Gas112003-10-27153554
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
CondensateDisposition6,868 bbl$382,654
GasProduction767,494 Mcf$4,185,823
Total$4,568,477

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 32.4496, -94.5462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44964, -94.54616 · 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
10,620 ft
1 wells filed one
Completion to plug
21.4 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 10,620 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Sep 2024
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332768110,620 ftApr 2003Sep 2024Yes

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 (257)

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

257 months

Aug 2024064375.632.06$1,327
Jul 2024071179.932.15$1,526
Jun 2024065978.082.63$1,736
May 2024070478.812.20$1,548
Apr 2024059984.451.66$994
Mar 2024072380.301.55$1,117
Feb 2024066776.091.78$1,190
Jan 2024036773.023.30$1,210
Dec 2023025871.262.61$674
Nov 202301,10077.892.81$3,088
Oct 202301,00285.443.09$3,093
Sep 20232078989.042.74$3,939
Aug 202301,12680.522.67$3,010
Jul 202301,09974.852.64$2,903
Jun 2023091968.962.26$2,076
May 2023080670.622.23$1,795
Apr 2023092278.122.24$2,063
Mar 2023079672.852.39$1,905
Feb 2023074275.112.47$1,830
Jan 2023060676.533.39$2,053
Dec 2022159076.415.73$3,457
Nov 2022032085.005.65$1,807
Oct 2022091587.185.86$5,365
Sep 2022091984.888.16$7,502
Aug 2022037394.529.13$3,404
Jul 2022093101.587.54$701
Jun 20220806115.097.98$6,430
May 20220284109.378.43$2,395
Apr 20220826104.226.84$5,648
Mar 20220261108.885.08$1,325
Feb 2022184491.054.86$4,192
Jan 2022191381.844.54$4,225
Dec 2021069671.323.90$2,714
Nov 2021045477.435.24$2,378
Oct 2021178979.795.71$4,588
Sep 2021098469.865.35$5,265
Aug 2021067366.024.22$2,840
Jul 2021014570.783.98$577
Jun 2021031069.493.38$1,048
May 202109563.483.02$287
Apr 2021015460.362.76$425
Mar 2021070061.302.72$1,902
Feb 2021019557.805.55$1,082
Jan 2021076250.412.81$2,141
Dec 2020081944.642.68$2,191
Nov 2020021738.772.71$587
Oct 2020079836.972.48$1,978
Sep 2020065037.091.99$1,294
Aug 2020079939.982.39$1,906
Jul 202001,27838.371.83$2,333
Jun 202001,37734.901.69$2,328
May 202011,04016.921.81$1,904
Apr 20206463214.751.80$2,084
Mar 2020052230.341.86$969
Feb 2020045449.881.98$899
Jan 202011,38957.252.09$2,967
Dec 201901,93059.012.30$4,447
Nov 2019045955.302.75$1,263
Oct 2019083653.472.42$2,022
Sep 2019054055.052.66$1,435
Aug 201901,06753.112.30$2,459
Jul 201901,28256.272.46$3,154
Jun 201911,41052.782.49$3,565
May 201911,43858.482.74$3,999
Apr 201901,41062.632.75$3,878
Mar 201911,61156.803.06$4,990
Feb 201911,11650.852.79$3,167
Jan 201931,14046.033.23$3,818
Dec 201831,56546.594.19$6,690
Nov 201842,21152.934.24$9,580
Oct 201832,94261.443.40$10,181
Sep 201811,93759.543.11$6,080
Aug 201811,79859.403.07$5,573
Jul 2018185665.142.93$2,575
Jun 201841,18060.183.08$3,871
May 2018358265.382.90$1,884
Apr 2018068163.842.90$1,975
Mar 2018197561.222.79$2,778
Feb 201821,95061.782.77$5,517
Jan 201821,69862.874.01$6,934
Dec 201712,07257.272.92$6,111
Nov 201701,90755.423.12$5,947
Oct 201721,85549.292.98$5,633
Sep 201701,43847.523.09$4,440
Aug 201711,70045.373.00$5,153
Jul 201701,84043.873.09$5,681
Jun 201711,24342.493.09$3,880
May 201711,88645.373.26$6,200
Apr 201721,31147.933.21$4,306
Mar 2017059146.772.98$1,763
Feb 2017068650.452.95$2,025
Jan 2017167649.413.42$2,361
Dec 2016058748.763.72$2,185
Nov 2016056642.492.64$1,497
Oct 2016287746.193.09$2,803
Sep 2016197541.553.10$3,065
Aug 201651,14741.442.92$3,561
Jul 201611,22241.622.92$3,615
Jun 201621,06245.352.69$2,943
May 201601,36642.521.99$2,720
Apr 201651,80536.561.99$3,777
Mar 201651,28333.011.79$2,467
Feb 2016085026.472.06$1,754
Jan 201617784827.352.36$6,846
Dec 2015270632.362.00$1,478
Nov 201561,57838.792.17$3,653
Oct 201551,20843.552.43$3,149
Sep 201551,28542.992.76$3,760
Aug 201562,11540.162.87$6,316
Jul 201541,78748.152.95$5,455
Jun 2015103,44756.152.88$10,499
May 201561,93255.212.96$6,041
Apr 2015123,13749.822.71$9,088
Mar 201573,36242.892.93$10,167
Feb 201573,99844.662.98$12,211
Jan 201594,04443.433.10$12,930
Dec 2014103,63854.693.59$13,612
Nov 2014184,23570.464.25$19,275
Oct 20141905,34178.303.90$35,712
Sep 2014125,62486.164.05$23,785
Aug 2014114,76989.394.04$20,227
Jul 2014134,97596.564.18$22,049
Jun 2014215,79098.164.74$29,488
May 2014195,10894.734.73$25,943
Apr 201431,66295.944.81$8,281
Mar 20141731,41595.895.06$23,744
Feb 2014937997.406.19$9,547
Jan 2014586390.404.86$4,647
Dec 201331,94291.824.35$8,732
Nov 20131671,87388.853.74$21,840
Oct 201391,80197.423.78$7,683
Sep 201381,778104.113.72$7,443
Aug 2013111,648104.253.52$6,952
Jul 201381,211102.523.72$5,322
Jun 201319599794.403.93$22,330
May 2013064994.834.15$2,693
Apr 201341,66493.964.28$7,502
Mar 201362,23893.623.91$9,319
Feb 201332,07991.233.42$7,384
Jan 2013112,22191.603.42$8,603
Dec 201202,16886.773.42$7,415
Nov 201292,16886.953.62$8,641
Oct 201292,17589.383.40$8,199
Sep 201232,06894.672.92$6,319
Aug 201272,10292.662.91$6,762
Jul 201222,02685.133.02$6,290
Jun 201241,96479.822.52$5,267
May 20121852,13591.612.49$22,260
Apr 201212,082101.652.00$4,259
Mar 201221,930105.052.22$4,499
Feb 201221,928101.102.57$5,158
Jan 201202,42998.092.73$6,641
Dec 201102,44296.873.24$7,911
Nov 201102,39295.723.31$7,921
Oct 201102,51584.983.65$9,176
Sep 201102,42783.623.99$9,674
Aug 201102,33383.404.15$9,680
Jul 201102,26094.144.52$10,209
Jun 20111882,57992.904.64$29,431
May 201102,65098.134.40$11,673
Apr 201102,407105.964.33$10,430
Mar 201102,62496.364.06$10,646
Feb 201102,44585.644.18$10,220
Jan 201102,66586.504.59$12,229
Dec 201002,93785.734.35$12,769
Nov 20101932,47780.843.80$25,003
Oct 201002,22678.103.51$7,811
Sep 201002,42072.633.98$9,630
Aug 20101012,49173.684.42$18,450
Jul 201002,01972.554.74$9,563
Jun 201002,14770.364.91$10,543
May 201002,14571.124.24$9,085
Apr 201003,37781.694.12$13,922
Mar 201003,69178.394.39$16,199
Feb 201003,55573.585.44$19,348
Jan 201003,96674.365.96$23,654
Dec 200903,81071.445.48$20,893
Nov 20091833,97174.593.75$28,547
Oct 200904,40372.544.11$18,097
Sep 200903,93365.543.06$12,054
Aug 200904,24367.423.22$13,656
Jul 200904,50761.133.46$15,615
Jun 200906,38766.163.90$24,877
May 200903,09954.743.93$12,166
Apr 200903,29446.773.59$11,817
Mar 20091833,21442.144.06$20,757
Feb 200902,92432.814.63$13,547
Jan 200903,36535.865.37$18,073
Dec 200803,45437.105.98$20,645
Nov 200803,34655.496.86$22,955
Oct 200803,44275.246.92$23,825
Sep 200803,774101.767.88$29,728
Aug 200803,803114.228.48$32,261
Jul 200803,608131.0811.39$41,093
Jun 200803,396131.3313.03$44,259
May 20081723,550123.1711.57$62,274
Apr 200803,417110.3110.45$35,724
Mar 200803,761101.909.66$36,347
Feb 200804,17892.538.77$36,643
Jan 200804,31290.388.21$35,383
Dec 200704,82488.337.30$35,225
Nov 200704,71991.677.29$34,410
Oct 200705,50682.856.92$38,112
Sep 200704,79075.846.24$29,910
Aug 200703,87069.066.39$24,721
Jul 200704,79070.906.39$30,598
Jun 200704,27262.007.55$32,247
May 200705,49158.747.85$43,084
Apr 20071874,45359.617.81$45,904
Mar 2007144,06356.927.30$30,465
Feb 200703,59055.108.22$29,495
Jan 200703,96750.306.73$26,685
Dec 20061963,87656.656.92$37,919
Nov 2006144,86654.207.62$37,825
Oct 2006205,20054.906.01$32,370
Sep 200604,21960.085.04$21,252
Aug 2006336,04068.717.34$46,601
Jul 200605,56269.376.34$35,278
Jun 20061675,60766.286.38$46,863
May 2006245,14066.016.42$34,609
Apr 2006255,45064.397.36$41,724
Mar 2006284,04856.707.08$30,259
Feb 2006222,64957.597.75$21,800
Jan 20062083,84060.598.93$46,907
Dec 200583,72254.9413.42$50,372
Nov 2005164,34554.6910.59$46,882
Oct 200594,70758.3413.80$65,462
Sep 200504,29861.4512.08$51,916
Aug 200574,11161.519.80$40,705
Jul 20051825,02055.697.84$49,511
Jun 2005144,14052.337.38$31,290
May 2005245,29645.226.65$36,310
Apr 20052115,25249.207.36$49,038
Mar 2005356,67150.377.15$49,493
Feb 200556,49445.226.31$41,216
Jan 2005246,39943.166.32$41,492
Dec 20041916,70039.866.75$52,846
Nov 200446,76345.286.33$42,994
Oct 20042096,82249.706.52$54,833
Sep 2004306,51143.245.28$35,701
Aug 2004246,94842.375.55$39,583
Jul 2004369,14538.286.08$57,018
Jun 20041819,94836.106.43$70,530
May 20041412,09737.486.49$79,090
Apr 20042029,00434.475.86$59,713
Mar 2004599,38534.365.53$53,928
Feb 20042348,01932.455.51$51,775
Jan 20043310,24632.036.30$65,603
Dec 200324813,18830.266.30$90,611
Nov 200384,22228.804.60$19,631
Oct 20032159,60128.174.76$51,754
Sep 20032810,77926.314.75$51,930
Aug 200319213,20829.765.13$73,467
Jul 200318511,63029.415.17$65,578
Jun 200327617,09428.565.98$110,155
May 200338125,66526.595.97$163,420
Apr 2003016,75626.675.41$90,604

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                  643 Mcf  × $  2.06 =     $1,327

────────────────────────────────────────────────────
Month total                                   $1,327

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/194816 is the state's own key, not one this site invented.