MARKEY #2

Operated by SABINE ENERGY INC. (P-5 103925) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195739District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2003 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
279
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112004-01-06154134
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
CondensateDisposition760 bbl$48,182
GasProduction609,195 Mcf$3,384,062
Total$3,432,245

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 32.0952, -94.7175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09519, -94.71746 · 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
10,930 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 10,930 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-40133207110,930 ftMar 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 (279)

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

279 months

May 20260120106.413.05$366
Apr 2026015898.932.87$453
Mar 2026017289.753.15$542
Feb 2026014963.503.75$559
Jan 2026021559.138.00$1,720
Dec 2025022756.664.41$1,002
Nov 2025021958.593.93$860
Oct 2025022459.383.30$740
Sep 2025021362.743.08$655
Aug 2025020563.933.01$618
Jul 2025020966.743.32$693
Jun 2025020766.483.13$648
May 2025021560.553.23$695
Apr 2025021462.363.54$758
Mar 2025023567.704.27$1,003
Feb 2025020970.884.34$907
Jan 2025024674.324.28$1,053
Dec 2024025268.993.12$787
Nov 2024024769.052.20$543
Oct 2024026371.372.28$600
Sep 2024023769.612.36$560
Aug 2024025775.632.06$530
Jul 2024024979.932.15$535
Jun 2024025278.082.63$664
May 2024027978.812.20$613
Apr 2024023384.451.66$387
Mar 2024020480.301.55$315
Feb 2024019976.091.78$355
Jan 2024019273.023.30$633
Dec 2023027071.262.61$705
Nov 2023027377.892.81$766
Oct 2023028685.443.09$883
Sep 2023025089.042.74$684
Aug 2023029280.522.67$780
Jul 2023029774.852.64$785
Jun 2023028868.962.26$650
May 2023032370.622.23$719
Apr 2023031478.122.24$703
Mar 2023032572.852.39$778
Feb 2023026475.112.47$651
Jan 2023031676.533.39$1,071
Dec 2022031576.415.73$1,805
Nov 2022030685.005.65$1,728
Oct 2022032787.185.86$1,917
Sep 2022034284.888.16$2,792
Aug 2022035694.529.13$3,249
Jul 20220353101.587.54$2,662
Jun 20220346115.097.98$2,760
May 20220335109.378.43$2,825
Apr 20220311104.226.84$2,126
Mar 20220292108.885.08$1,482
Feb 2022033691.054.86$1,633
Jan 2022037181.844.54$1,683
Dec 2021036771.323.90$1,431
Nov 2021036877.435.24$1,927
Oct 2021037079.795.71$2,114
Sep 2021035369.865.35$1,889
Aug 2021037166.024.22$1,566
Jul 2021038370.783.98$1,525
Jun 2021034469.493.38$1,163
May 2021037063.483.02$1,117
Apr 2021037160.362.76$1,023
Mar 2021053361.302.72$1,448
Feb 2021011857.805.55$655
Jan 2021044250.412.81$1,242
Dec 2020047644.642.68$1,274
Nov 2020049638.772.71$1,342
Oct 2020049436.972.48$1,224
Sep 2020048137.091.99$958
Aug 2020049339.982.39$1,176
Jul 2020049738.371.83$907
Jun 2020047634.901.69$805
May 2020050316.921.81$913
Apr 2020151414.751.80$942
Mar 2020059830.341.86$1,110
Feb 2020048849.881.98$967
Jan 2020054757.252.09$1,146
Dec 2019055159.012.30$1,270
Nov 2019053355.302.75$1,466
Oct 2019056653.472.42$1,369
Sep 2019054255.052.66$1,440
Aug 2019055953.112.30$1,288
Jul 2019054656.272.46$1,343
Jun 2019054452.782.49$1,355
May 2019055758.482.74$1,526
Apr 2019050362.632.75$1,384
Mar 2019056456.803.06$1,727
Feb 2019051050.852.79$1,424
Jan 2019057946.033.23$1,869
Dec 2018061146.594.19$2,557
Nov 2018059752.934.24$2,530
Oct 2018063061.443.40$2,141
Sep 2018057559.543.11$1,787
Aug 2018063859.403.07$1,956
Jul 2018066365.142.93$1,944
Jun 2018063960.183.08$1,966
May 2018065365.382.90$1,894
Apr 2018060163.842.90$1,743
Mar 2018063061.222.79$1,756
Feb 2018059561.782.77$1,646
Jan 2018066162.874.01$2,650
Dec 2017057457.272.92$1,677
Nov 2017073455.423.12$2,289
Oct 2017077449.292.98$2,309
Sep 2017073447.523.09$2,266
Aug 2017074445.373.00$2,235
Jul 2017078043.873.09$2,408
Jun 2017076242.493.09$2,353
May 2017084245.373.26$2,748
Apr 2017081847.933.21$2,627
Mar 2017084246.772.98$2,512
Feb 2017078050.452.95$2,303
Jan 2017087849.413.42$3,002
Dec 2016088148.763.72$3,280
Nov 2016086342.492.64$2,282
Oct 2016088446.193.09$2,732
Sep 2016060741.553.10$1,882
Aug 2016048941.442.92$1,430
Jul 2016061741.622.92$1,804
Jun 2016070845.352.69$1,902
May 2016072542.521.99$1,444
Apr 2016071436.561.99$1,422
Mar 201601,01633.011.79$1,823
Feb 2016092926.472.06$1,917
Jan 201601,26727.352.36$2,996
Dec 201501,38032.362.00$2,762
Nov 201501,28638.792.17$2,787
Oct 201501,31443.552.43$3,189
Sep 2015092842.992.76$2,560
Aug 2015073740.162.87$2,117
Jul 2015078948.152.95$2,324
Jun 201501,16456.152.88$3,356
May 201501,19555.212.96$3,532
Apr 201501,10749.822.71$2,996
Mar 201501,13442.892.93$3,328
Feb 201501,11944.662.98$3,330
Jan 201501,33143.433.10$4,127
Dec 201401,34854.693.59$4,841
Nov 201401,52270.464.25$6,471
Oct 201401,54378.303.90$6,019
Sep 201401,13586.164.05$4,592
Aug 201401,24589.394.04$5,024
Jul 201401,42696.564.18$5,960
Jun 201401,41498.164.74$6,698
May 201401,45594.734.73$6,877
Apr 201401,31895.944.81$6,338
Mar 201401,43995.895.06$7,277
Feb 201401,23697.406.19$7,653
Jan 201401,21190.404.86$5,886
Dec 201301,46791.824.35$6,388
Nov 201301,52188.853.74$5,686
Oct 201301,58397.423.78$5,983
Sep 201301,568104.113.72$5,829
Aug 201301,463104.253.52$5,154
Jul 201301,396102.523.72$5,190
Jun 201301,33094.403.93$5,231
May 201301,40594.834.15$5,829
Apr 201301,13293.964.28$4,848
Mar 201301,35393.623.91$5,294
Feb 201301,33191.233.42$4,552
Jan 201301,81191.603.42$6,193
Dec 201201,79986.773.42$6,153
Nov 201201,60886.953.62$5,829
Oct 201201,79689.383.40$6,106
Sep 201201,63294.672.92$4,763
Aug 201201,38392.662.91$4,022
Jul 201201,57285.133.02$4,749
Jun 201201,65879.822.52$4,177
May 201201,72791.612.49$4,297
Apr 201201,520101.652.00$3,035
Mar 201201,834105.052.22$4,075
Feb 201201,705101.102.57$4,382
Jan 201211,81798.092.73$5,066
Dec 201111,56096.873.24$5,151
Nov 2011441,53295.723.31$9,285
Oct 201101,79184.983.65$6,535
Sep 201101,79783.623.99$7,162
Aug 201121,84483.404.15$7,818
Jul 2011101,84194.144.52$9,258
Jun 201151,78492.904.64$8,742
May 201141,90198.134.40$8,766
Apr 201181,835105.964.33$8,799
Mar 201181,87396.364.06$8,370
Feb 2011101,71085.644.18$8,004
Jan 201161,74586.504.59$8,526
Dec 201041,89285.734.35$8,569
Nov 201041,97080.843.80$7,800
Oct 201052,18678.103.51$8,061
Sep 201062,18472.633.98$9,127
Aug 201061,78273.684.42$8,317
Jul 201051,64972.554.74$8,173
Jun 201091,59970.364.91$8,485
May 201071,71871.124.24$7,774
Apr 201081,71081.694.12$7,703
Mar 2010121,87378.394.39$9,161
Feb 201081,75973.585.44$10,162
Jan 201081,99074.365.96$12,463
Dec 200981,85471.445.48$10,738
Nov 200951,37674.593.75$5,535
Oct 200951,49472.544.11$6,503
Sep 200921,17965.543.06$3,744
Aug 200932,16867.423.22$7,180
Jul 200992,78161.133.46$10,185
Jun 200972,62566.163.90$10,688
May 200962,84654.743.93$11,501
Apr 2009152,93946.773.59$11,245
Mar 200992,62242.144.06$11,022
Feb 200911,81432.814.63$8,437
Jan 200982,86035.865.37$15,648
Dec 2008112,82937.105.98$17,317
Nov 200862,38955.496.86$16,722
Oct 200832,65675.246.92$18,611
Sep 200862,315101.767.88$18,846
Aug 200872,474114.228.48$21,787
Jul 200872,770131.0811.39$32,466
Jun 2008103,191131.3313.03$42,900
May 2008123,087123.1711.57$37,208
Apr 200893,166110.3110.45$34,093
Mar 200852,870101.909.66$28,245
Feb 200882,26492.538.77$20,597
Jan 200852,45990.388.21$20,630
Dec 200752,45788.337.30$18,383
Nov 200732,37791.677.29$17,607
Oct 200712,48582.856.92$17,284
Sep 200762,68175.846.24$17,196
Aug 200752,91569.066.39$18,966
Jul 200722,95470.906.39$19,012
Jun 200743,35562.007.55$25,573
May 2007123,15658.747.85$25,468
Apr 200793,26159.617.81$25,989
Mar 2007113,10856.927.30$23,321
Feb 200782,46655.108.22$20,701
Jan 200782,78250.306.73$19,117
Dec 2006102,39856.656.92$17,157
Nov 2006152,26454.207.62$18,059
Oct 2006101,99954.906.01$12,571
Sep 2006102,16960.085.04$11,526
Aug 2006101,49268.717.34$11,638
Jul 200681,41169.376.34$9,505
Jun 2006101,51466.286.38$10,328
May 200601,67666.016.42$10,768
Apr 200601,76964.397.36$13,021
Mar 200601,82856.707.08$12,948
Feb 200601,66457.597.75$12,898
Jan 200602,11360.598.93$18,876
Dec 200502,03754.9413.42$27,327
Nov 200501,93954.6910.59$20,531
Oct 200502,22858.3413.80$30,737
Sep 200504,53961.4512.08$54,827
Aug 200503,83161.519.80$37,532
Jul 200505,32255.697.84$41,744
Jun 200506,05152.337.38$44,663
May 200505,98045.226.65$39,774
Apr 200506,77249.207.36$49,845
Mar 200503,36250.377.15$24,055
Feb 200504,76445.226.31$30,070
Jan 200505,06843.166.32$32,041
Dec 200404,88639.866.75$32,986
Nov 200406,12245.286.33$38,755
Oct 2004807,26149.706.52$51,282
Sep 200406,41443.245.28$33,891
Aug 200407,09742.375.55$39,393
Jul 200408,74338.286.08$53,194
Jun 200408,47436.106.43$54,513
May 2004010,55337.486.49$68,537
Apr 2004010,16334.475.86$59,540
Mar 200418410,38134.365.53$63,731
Feb 2004010,36332.455.51$57,096
Jan 2004012,19432.036.30$76,818
Dec 2003013,43030.266.30$84,631
Nov 2003013,53628.804.60$62,200
Oct 2003016,18228.174.76$77,020
Sep 2003017,72226.314.75$84,168
Aug 2003019,48729.765.13$99,963
Jul 2003027,50029.415.17$142,198
Jun 2003031,50028.565.98$188,463
May 2003010,50226.595.97$62,725
Apr 2003013,25126.675.41$71,652
Mar 200308,25631.146.10$50,329

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                     $366

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/195739 is the state's own key, not one this site invented.