SWEPCO 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 198386District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jul 2003 – Oct 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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 Gas112004-03-01154570
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
CondensateDisposition3,234 bbl$157,056
GasProduction371,899 Mcf$2,323,188
Total$2,480,244

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 32.4498, -94.5526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44981, -94.55263 · 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
10,600 ft
1 wells filed one
Completion to plug
19.3 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 10,600 ft.

Completions filed
Jul 2003
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332819310,600 ftJul 2003Oct 2022Yes

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 (232)

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

232 months

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 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014673098.164.74$6,719
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012062189.383.40$2,111
Sep 2012089594.672.92$2,612
Aug 2012096792.662.91$2,812
Jul 201201,47985.133.02$4,468
Jun 201201,11079.822.52$2,796
May 201211,67391.612.49$4,255
Apr 201201,022101.652.00$2,041
Mar 20120886105.052.22$1,969
Feb 2012351,510101.102.57$7,420
Jan 201201,85198.092.73$5,061
Dec 201101,72696.873.24$5,592
Nov 201101,78495.723.31$5,907
Oct 201101,79084.983.65$6,531
Sep 201101,87183.623.99$7,457
Aug 201102,04683.404.15$8,490
Jul 201102,08294.144.52$9,405
Jun 201102,07692.904.64$9,632
May 201102,08898.134.40$9,197
Apr 201102,045105.964.33$8,862
Mar 201102,01496.364.06$8,171
Feb 201101,91785.644.18$8,013
Jan 201101,85486.504.59$8,508
Dec 201002,05085.734.35$8,913
Nov 20101751,48080.843.80$19,764
Oct 201002,18378.103.51$7,660
Sep 201002,18572.633.98$8,695
Aug 201002,30473.684.42$10,182
Jul 201002,35072.554.74$11,131
Jun 201002,34570.364.91$11,515
May 201002,57571.124.24$10,906
Apr 201001,45181.694.12$5,982
Mar 201002,06178.394.39$9,045
Feb 201001,80173.585.44$9,802
Jan 201002,02374.365.96$12,065
Dec 200901,94271.445.48$10,649
Nov 200901,80474.593.75$6,768
Oct 200901,62372.544.11$6,671
Sep 200901,70565.543.06$5,225
Aug 200901,99267.423.22$6,411
Jul 200902,04561.133.46$7,085
Jun 200901,93666.163.90$7,541
May 200901,98254.743.93$7,781
Apr 200901,94446.773.59$6,974
Mar 200902,03742.144.06$8,268
Feb 200901,63132.814.63$7,556
Jan 200901,26535.865.37$6,794
Dec 200801,86137.105.98$11,123
Nov 200802,14055.496.86$14,681
Oct 200802,32875.246.92$16,114
Sep 200802,058101.767.88$16,211
Aug 200802,266114.228.48$19,223
Jul 200802,217131.0811.39$25,250
Jun 200802,217131.3313.03$28,893
May 200802,384123.1711.57$27,593
Apr 200802,409110.3110.45$25,186
Mar 20081692,518101.909.66$41,555
Feb 200802,64992.538.77$23,233
Jan 200802,06290.388.21$16,920
Dec 200701,85788.337.30$13,560
Nov 200702,25491.677.29$16,435
Oct 200702,08482.856.92$14,425
Sep 200701,92175.846.24$11,995
Aug 200701,77169.066.39$11,313
Jul 200702,93270.906.39$18,729
Jun 200702,62262.007.55$19,792
May 200703,01658.747.85$23,664
Apr 200704,87259.617.81$38,027
Mar 200742,55556.927.30$18,884
Feb 200701,93855.108.22$15,923
Jan 200701,98050.306.73$13,319
Dec 200631,52356.656.92$10,707
Nov 200641,63454.207.62$12,664
Oct 20061921,52754.906.01$19,724
Sep 200602,71560.085.04$13,676
Aug 2006133,73868.717.34$28,330
Jul 200603,33569.376.34$21,153
Jun 20061882,32066.286.38$27,271
May 200673,50366.016.42$22,969
Apr 2006103,45264.397.36$26,052
Mar 2006143,19256.707.08$23,402
Feb 2006143,11257.597.75$24,928
Jan 2006304,42760.598.93$41,366
Dec 200573,75954.9413.42$50,813
Nov 2005144,46354.6910.59$48,022
Oct 200563,67558.3413.80$51,049
Sep 200503,33761.4512.08$40,308
Aug 20051413,93961.519.80$47,263
Jul 200505,08655.697.84$39,893
Jun 2005134,43852.337.38$33,437
May 20051974,58345.226.65$39,391
Apr 2005295,25249.207.36$40,084
Mar 2005283,60650.377.15$27,211
Feb 200553,03845.226.31$19,402
Jan 20052032,02543.166.32$21,564
Dec 200411,56639.866.75$10,612
Nov 200443,03145.286.33$19,369
Oct 200485,22449.706.52$34,432
Sep 20041895,38943.245.28$36,647
Aug 200456,17942.375.55$34,509
Jul 2004236,57838.286.08$40,902
Jun 20041886,87636.106.43$51,020
May 20041510,47437.486.49$68,586
Apr 20042010,95434.475.86$64,863
Mar 200422612,40734.365.53$76,378
Feb 200422410,82132.455.51$66,888
Jan 20043413,12932.036.30$83,797
Dec 200323818,65430.266.30$124,753
Nov 200325520,14328.804.60$99,904
Oct 2003375,23928.174.76$25,978
Sep 20031976,90226.314.75$37,963
Aug 200307,69129.765.13$39,453
Jul 20030029.415.17$0

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/198386 is the state's own key, not one this site invented.