SABINE RIVER STATE LEASE

Operated by CHISOS, LTD. (P-5 149421) 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 198824District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Nov 2003 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
271
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 Gas112010-07-27199093
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
CondensateDisposition2,865 bbl$179,531
GasProduction638,448 Mcf$3,689,678
Total$3,869,209

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 32.3900, -94.4847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39003, -94.48467 · 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
10,325 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 10,325 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-20332833110,325 ftNov 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 (271)

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

271 months

May 20260209106.413.05$637
Apr 2026114498.932.87$512
Mar 2026020789.753.15$652
Feb 2026012263.503.75$458
Jan 2026018659.138.00$1,488
Dec 2025022856.664.41$1,006
Nov 2025014158.593.93$554
Oct 20250059.383.30$0
Sep 202506962.743.08$212
Aug 2025039163.933.01$1,179
Jul 2025038966.743.32$1,290
Jun 2025052166.483.13$1,630
May 2025079560.553.23$2,570
Apr 2025344962.363.54$1,778
Mar 2025015367.704.27$653
Feb 2025032370.884.34$1,402
Jan 202501,04474.324.28$4,467
Dec 2024022068.993.12$687
Nov 202407369.052.20$160
Oct 2024038771.372.28$883
Sep 202407369.612.36$173
Aug 202413075.632.06$138
Jul 20240079.932.15$0
Jun 202403778.082.63$97
May 2024014978.812.20$328
Apr 2024112584.451.66$292
Mar 2024325280.301.55$630
Feb 2024059576.091.78$1,061
Jan 202415373.023.30$248
Dec 202305071.262.61$131
Nov 2023325777.892.81$955
Oct 2023035485.443.09$1,093
Sep 2023053089.042.74$1,450
Aug 2023551380.522.67$1,774
Jul 202301,54374.852.64$4,076
Jun 202302,90168.962.26$6,552
May 2023072870.622.23$1,622
Apr 20231029978.122.24$1,450
Mar 2023088872.852.39$2,125
Feb 2023439875.112.47$1,282
Jan 2023779776.533.39$3,236
Dec 2022074976.415.73$4,291
Nov 2022095085.005.65$5,364
Oct 2022999987.185.86$6,643
Sep 2022895184.888.16$8,443
Aug 202201,02094.529.13$9,310
Jul 202201,099101.587.54$8,289
Jun 2022101,165115.097.98$10,444
May 20228913109.378.43$8,574
Apr 20229931104.226.84$7,304
Mar 2022101,126108.885.08$6,805
Feb 2022121,22491.054.86$7,040
Jan 202201,31981.844.54$5,985
Dec 202101,46971.323.90$5,728
Nov 2021221,25477.435.24$8,270
Oct 202101,43379.795.71$8,188
Sep 202101,45969.865.35$7,807
Aug 2021131,52966.024.22$7,312
Jul 202101,96570.783.98$7,825
Jun 202101,79969.493.38$6,082
May 2021172,49463.483.02$8,605
Apr 2021111,37660.362.76$4,460
Mar 2021151,69561.302.72$5,525
Feb 202101,01857.805.55$5,648
Jan 2021781550.412.81$2,643
Dec 2020997644.642.68$3,013
Nov 2020089938.772.71$2,433
Oct 2020683236.972.48$2,284
Sep 2020056337.091.99$1,121
Aug 2020036739.982.39$875
Jul 2020896138.371.83$2,061
Jun 202001,10434.901.69$1,866
May 2020055016.921.81$998
Apr 20200014.751.80$0
Mar 2020221830.341.86$465
Feb 2020046149.881.98$913
Jan 2020459957.252.09$1,484
Dec 2019041559.012.30$956
Nov 2019332355.302.75$1,054
Oct 2019030953.472.42$747
Sep 2019085955.052.66$2,283
Aug 201901,47853.112.30$3,406
Jul 2019072656.272.46$1,786
Jun 2019046852.782.49$1,166
May 2019042658.482.74$1,167
Apr 2019042762.632.75$1,175
Mar 2019042956.803.06$1,314
Feb 2019056950.852.79$1,589
Jan 2019069246.033.23$2,234
Dec 201801,03546.594.19$4,332
Nov 201801,05152.934.24$4,453
Oct 2018071661.443.40$2,433
Sep 2018082759.543.11$2,570
Aug 2018049559.403.07$1,518
Jul 2018454365.142.93$1,853
Jun 2018047560.183.08$1,462
May 2018051865.382.90$1,503
Apr 2018058063.842.90$1,682
Mar 2018065761.222.79$1,831
Feb 2018064761.782.77$1,790
Jan 2018056562.874.01$2,265
Dec 2017065057.272.92$1,899
Nov 2017071755.423.12$2,236
Oct 20171581049.292.98$3,156
Sep 201701,04847.523.09$3,235
Aug 201701,11645.373.00$3,353
Jul 2017141,08543.873.09$3,964
Jun 2017151,02842.493.09$3,811
May 201701,25645.373.26$4,099
Apr 2017057947.933.21$1,860
Mar 2017077046.772.98$2,297
Feb 20171497950.452.95$3,597
Jan 201701,13949.413.42$3,894
Dec 201601,09048.763.72$4,058
Nov 20162892842.492.64$3,644
Oct 201601,09946.193.09$3,396
Sep 2016087041.553.10$2,698
Aug 201601,02841.442.92$3,006
Jul 201601,09141.622.92$3,190
Jun 201601,05945.352.69$2,844
May 2016141,03242.521.99$2,650
Apr 2016161,06336.561.99$2,701
Mar 201601,23533.011.79$2,216
Feb 201601,18526.472.06$2,445
Jan 201601,29927.352.36$3,071
Dec 201501,25432.362.00$2,510
Nov 2015301,26438.792.17$3,903
Oct 201501,82843.552.43$4,436
Sep 201501,14142.992.76$3,147
Aug 201501,19740.162.87$3,438
Jul 201501,54448.152.95$4,547
Jun 201501,02956.152.88$2,966
May 2015401,79955.212.96$7,525
Apr 201501,80749.822.71$4,891
Mar 201502,04642.892.93$6,004
Feb 201501,45744.662.98$4,336
Jan 201501,51843.433.10$4,707
Dec 201401,55754.693.59$5,592
Nov 2014951,48570.464.25$13,008
Oct 201401,69978.303.90$6,628
Sep 201401,84386.164.05$7,456
Aug 201401,87289.394.04$7,554
Jul 201401,71096.564.18$7,147
Jun 201401,80698.164.74$8,555
May 201411,76594.734.73$8,437
Apr 201402,09695.944.81$10,080
Mar 201412,19295.895.06$11,180
Feb 201401,66697.406.19$10,316
Jan 201412,03090.404.86$9,958
Dec 201302,12791.824.35$9,262
Nov 201302,83088.853.74$10,579
Oct 201301,29197.423.78$4,879
Sep 201301,362104.113.72$5,064
Aug 201301,381104.253.52$4,865
Jul 2013851,396102.523.72$13,904
Jun 201301,47994.403.93$5,818
May 201301,54094.834.15$6,390
Apr 201301,63893.964.28$7,015
Mar 201301,79293.623.91$7,012
Feb 201301,71091.233.42$5,848
Jan 201302,38291.603.42$8,146
Dec 201202,49386.773.42$8,526
Nov 201201,44486.953.62$5,234
Oct 201201,47889.383.40$5,025
Sep 201201,39694.672.92$4,074
Aug 201201,65992.662.91$4,825
Jul 201201,48285.133.02$4,477
Jun 201201,51879.822.52$3,824
May 201201,75791.612.49$4,372
Apr 201201,874101.652.00$3,742
Mar 201202,184105.052.22$4,853
Feb 201202,154101.102.57$5,536
Jan 20121322,59998.092.73$20,054
Dec 201103,40496.873.24$11,028
Nov 201101,48195.723.31$4,904
Oct 201101,50584.983.65$5,491
Sep 201101,51083.623.99$6,019
Aug 201101,60283.404.15$6,647
Jul 201101,57694.144.52$7,119
Jun 201101,47692.904.64$6,848
May 201101,67098.134.40$7,356
Apr 201131,644105.964.33$7,442
Mar 201101,96896.364.06$7,985
Feb 201112,34285.644.18$9,875
Jan 201101,85686.504.59$8,517
Dec 201001,64785.734.35$7,161
Nov 20101661,57180.843.80$19,382
Oct 201001,71978.103.51$6,032
Sep 201001,62472.633.98$6,463
Aug 201001,73373.684.42$7,659
Jul 201001,84872.554.74$8,753
Jun 201002,00070.364.91$9,821
May 201001,82571.124.24$7,729
Apr 201001,92581.694.12$7,936
Mar 201002,28278.394.39$10,015
Feb 201002,27173.585.44$12,360
Jan 201002,23674.365.96$13,336
Dec 200902,26771.445.48$12,432
Nov 2009942,88974.593.75$17,850
Oct 2009911,59272.544.11$13,145
Sep 200901,92865.543.06$5,909
Aug 200901,89467.423.22$6,096
Jul 200901,99261.133.46$6,901
Jun 200902,06566.163.90$8,043
May 200902,29954.743.93$9,025
Apr 200902,32746.773.59$8,348
Mar 200901,85142.144.06$7,513
Feb 200901,96132.814.63$9,085
Jan 200902,16535.865.37$11,628
Dec 200802,50137.105.98$14,949
Nov 200802,29455.496.86$15,738
Oct 200802,41975.246.92$16,744
Sep 200802,622101.767.88$20,654
Aug 200802,060114.228.48$17,475
Jul 2008852,162131.0811.39$35,766
Jun 200802,372131.3313.03$30,913
May 200802,581123.1711.57$29,873
Apr 20081013,239110.3110.45$45,005
Mar 200802,469101.909.66$23,861
Feb 200802,64792.538.77$23,216
Jan 200802,51290.388.21$20,613
Dec 200703,01688.337.30$22,023
Nov 200703,02691.677.29$22,065
Oct 200703,24282.856.92$22,441
Sep 200703,14075.846.24$19,607
Aug 200703,20969.066.39$20,499
Jul 200703,07570.906.39$19,643
Jun 200703,16162.007.55$23,861
May 200703,18858.747.85$25,014
Apr 20071623,17259.617.81$34,415
Mar 200703,55556.927.30$25,959
Feb 200714,05155.108.22$33,338
Jan 200713,96250.306.73$26,702
Dec 200603,09156.656.92$21,385
Nov 200603,31154.207.62$25,221
Oct 200603,45454.906.01$20,772
Sep 200603,40660.085.04$17,157
Aug 200603,58768.717.34$26,328
Jul 200604,53769.376.34$28,777
Jun 20061634,22866.286.38$37,795
May 200604,73366.016.42$30,410
Apr 200604,34264.397.36$31,959
Mar 200625,46656.707.08$38,829
Feb 20061584,37857.597.75$43,034
Jan 200605,21960.598.93$46,623
Dec 200505,10454.9413.42$68,472
Nov 200506,49454.6910.59$68,761
Oct 20051736,90458.3413.80$105,339
Sep 200507,17861.4512.08$86,703
Aug 200506,41061.519.80$62,798
Jul 200506,91155.697.84$54,207
Jun 20051277,19452.337.38$59,745
May 200507,77145.226.65$51,686
Apr 200507,40749.207.36$54,519
Mar 200507,81350.377.15$55,901
Feb 200507,01545.226.31$44,278
Jan 200507,89143.166.32$49,888
Dec 20041688,71939.866.75$65,559
Nov 200408,33145.286.33$52,739
Oct 200409,56249.706.52$62,297
Sep 200409,83143.245.28$51,946
Aug 200415610,99242.375.55$67,623
Jul 2004511,62838.286.08$70,938
Jun 2004011,94936.106.43$76,868
May 2004013,63437.486.49$88,547
Apr 200416414,56734.475.86$90,993
Mar 2004015,93634.365.53$88,128
Feb 200416317,87732.455.51$103,785
Jan 200415420,18232.036.30$132,072
Dec 2003022,21630.266.30$139,997
Nov 2003012,69828.804.60$58,349

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                  209 Mcf  × $  3.05 =       $637

────────────────────────────────────────────────────
Month total                                     $637

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/198824 is the state's own key, not one this site invented.