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 198965District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Nov 2003 – May 2026
Value, last 12 filed months
$60 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 Gas112010-07-27199094
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
CondensateDisposition2,615 bbl$187,000
GasProduction495,002 Mcf$2,672,093
Total$2,859,093

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 32.3876, -94.4787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38762, -94.47873 · 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
10,292 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 10,292 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-20332834210,292 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 202601,869106.413.05$5,693
Apr 202671,02498.932.87$3,631
Mar 202601,30589.753.15$4,110
Feb 202601,66263.503.75$6,233
Jan 202601,88659.138.00$15,084
Dec 202501,42056.664.41$6,267
Nov 202501,21158.593.93$4,755
Oct 2025098559.383.30$3,255
Sep 202501,08862.743.08$3,348
Aug 2025091263.933.01$2,749
Jul 2025074866.743.32$2,480
Jun 2025076466.483.13$2,390
May 2025022260.553.23$718
Apr 2025698262.363.54$3,854
Mar 202501,01067.704.27$4,311
Feb 202503,06870.884.34$13,318
Jan 202502,03574.324.28$8,707
Dec 2024077268.993.12$2,410
Nov 2024055269.052.20$1,214
Oct 202401,62371.372.28$3,703
Sep 202401,50669.612.36$3,561
Aug 2024117075.632.06$426
Jul 20240079.932.15$0
Jun 2024093978.082.63$2,473
May 202402,03078.812.20$4,463
Apr 2024282,49984.451.66$6,511
Mar 2024262,39980.301.55$5,795
Feb 202401,96776.091.78$3,508
Jan 2024292,48973.023.30$10,325
Dec 202302,37071.262.61$6,187
Nov 2023191,84677.892.81$6,663
Oct 202301,99385.443.09$6,153
Sep 202302,29189.042.74$6,266
Aug 2023181,79680.522.67$6,250
Jul 202302,43674.852.64$6,435
Jun 202301,78968.962.26$4,040
May 202301,27670.622.23$2,842
Apr 2023822478.122.24$1,126
Mar 202302,00972.852.39$4,808
Feb 2023262,42875.112.47$7,940
Jan 2023683,37676.533.39$16,641
Dec 202203,36576.415.73$19,278
Nov 202203,16285.005.65$17,853
Oct 2022273,12287.185.86$20,661
Sep 2022252,85784.888.16$25,446
Aug 202203,16694.529.13$28,897
Jul 202203,018101.587.54$22,762
Jun 2022242,821115.097.98$25,266
May 2022272,880109.378.43$27,240
Apr 2022282,924104.226.84$22,911
Mar 2022293,220108.885.08$19,504
Feb 2022282,84891.054.86$16,387
Jan 202202,96981.844.54$13,472
Dec 202102,64271.323.90$10,301
Nov 2021392,23677.435.24$14,729
Oct 202101,68879.795.71$9,645
Sep 202102,27369.865.35$12,163
Aug 2021161,99966.024.22$9,493
Jul 202102,15670.783.98$8,585
Jun 202102,78469.493.38$9,412
May 2021223,12363.483.02$10,821
Apr 2021253,09860.362.76$10,055
Mar 2021202,15561.302.72$7,081
Feb 202101,61857.805.55$8,977
Jan 2021220450.412.81$674
Dec 2020116544.642.68$486
Nov 2020025038.772.71$677
Oct 2020337636.972.48$1,043
Sep 2020070137.091.99$1,396
Aug 2020067039.982.39$1,598
Jul 2020559538.371.83$1,278
Jun 2020096534.901.69$1,631
May 202009316.921.81$169
Apr 20200014.751.80$0
Mar 2020222730.341.86$482
Feb 2020046849.881.98$927
Jan 2020447457.252.09$1,222
Dec 2019098559.012.30$2,270
Nov 2019111,31755.302.75$4,231
Oct 201901,32753.472.42$3,209
Sep 2019055655.052.66$1,477
Aug 2019046353.112.30$1,067
Jul 2019051256.272.46$1,260
Jun 2019098452.782.49$2,451
May 2019097258.482.74$2,664
Apr 201901,33462.632.75$3,669
Mar 201901,34156.803.06$4,106
Feb 201901,47650.852.79$4,121
Jan 201901,40846.033.23$4,545
Dec 2018043646.594.19$1,825
Nov 2018049852.934.24$2,110
Oct 2018065461.443.40$2,222
Sep 2018074959.543.11$2,328
Aug 2018075259.403.07$2,306
Jul 201881,09165.142.93$3,720
Jun 2018078660.183.08$2,418
May 2018058465.382.90$1,694
Apr 2018070663.842.90$2,048
Mar 2018086461.222.79$2,408
Feb 2018087661.782.77$2,423
Jan 2018072262.874.01$2,895
Dec 2017095257.272.92$2,781
Nov 2017091055.423.12$2,838
Oct 20171583549.292.98$3,231
Sep 2017084047.523.09$2,593
Aug 2017089445.373.00$2,686
Jul 2017141,14443.873.09$4,146
Jun 2017151,02442.493.09$3,799
May 201701,34845.373.26$4,399
Apr 201701,02647.933.21$3,295
Mar 2017095246.772.98$2,840
Feb 2017141,00650.452.95$3,677
Jan 201701,05749.413.42$3,614
Dec 2016083348.763.72$3,101
Nov 20162867942.492.64$2,985
Oct 2016098946.193.09$3,056
Sep 2016079541.553.10$2,465
Aug 2016081241.442.92$2,375
Jul 2016081741.622.92$2,389
Jun 2016080545.352.69$2,162
May 20161476642.521.99$2,120
Apr 20161673136.561.99$2,040
Mar 201601,04533.011.79$1,875
Feb 2016088326.472.06$1,822
Jan 201601,29627.352.36$3,064
Dec 201501,02732.362.00$2,055
Nov 2015301,06638.792.17$3,474
Oct 201501,09443.552.43$2,655
Sep 201501,10542.992.76$3,048
Aug 201501,23440.162.87$3,545
Jul 201501,40348.152.95$4,132
Jun 2015056556.152.88$1,629
May 20152175655.212.96$3,394
Apr 2015076349.822.71$2,065
Mar 2015081842.892.93$2,401
Feb 2015075744.662.98$2,253
Jan 2015083343.433.10$2,583
Dec 2014090354.693.59$3,243
Nov 2014079870.464.25$3,393
Oct 201411696878.303.90$12,859
Sep 2014194386.164.05$3,901
Aug 201401,16089.394.04$4,681
Jul 201401,17896.564.18$4,924
Jun 201401,06398.164.74$5,035
May 201401,09694.734.73$5,180
Apr 201401,30295.944.81$6,261
Mar 201411,59195.895.06$8,141
Feb 201411,18297.406.19$7,416
Jan 201401,29090.404.86$6,270
Dec 201301,41491.824.35$6,157
Nov 2013092988.853.74$3,473
Oct 2013094197.423.78$3,556
Sep 20130929104.113.72$3,454
Aug 201301,438104.253.52$5,066
Jul 2013108688102.523.72$13,630
Jun 2013079194.403.93$3,111
May 2013085494.834.15$3,543
Apr 2013084793.964.28$3,627
Mar 2013083693.623.91$3,271
Feb 2013065291.233.42$2,230
Jan 2013097991.603.42$3,348
Dec 201201,03086.773.42$3,523
Nov 201201,00986.953.62$3,658
Oct 201201,08789.383.40$3,695
Sep 20121551,09794.672.92$17,875
Aug 201201,48492.662.91$4,316
Jul 201201,29285.133.02$3,903
Jun 2012070079.822.52$1,763
May 2012079691.612.49$1,981
Apr 20120809101.652.00$1,615
Mar 20120693105.052.22$1,540
Feb 20120732101.102.57$1,881
Jan 201213070998.092.73$14,690
Dec 2011072396.873.24$2,342
Nov 2011085095.723.31$2,815
Oct 2011091884.983.65$3,349
Sep 2011089883.623.99$3,579
Aug 2011095583.404.15$3,963
Jul 201101,02194.144.52$4,612
Jun 2011096492.904.64$4,473
May 201101,05098.134.40$4,625
Apr 201101,056105.964.33$4,576
Mar 201101,04496.364.06$4,236
Feb 201101,04385.644.18$4,360
Jan 201101,21886.504.59$5,589
Dec 201001,18385.734.35$5,143
Nov 20101221,14980.843.80$14,223
Oct 201001,17578.103.51$4,123
Sep 201001,13772.633.98$4,525
Aug 201001,26473.684.42$5,586
Jul 201001,57672.554.74$7,465
Jun 201001,08270.364.91$5,313
May 201001,18471.124.24$5,015
Apr 201001,19981.694.12$4,943
Mar 201001,41178.394.39$6,192
Feb 201001,37273.585.44$7,467
Jan 201001,81974.365.96$10,849
Dec 200901,83671.445.48$10,068
Nov 2009672,17374.593.75$13,150
Oct 20096191972.544.11$8,202
Sep 200901,05765.543.06$3,239
Aug 200901,15467.423.22$3,714
Jul 200901,20961.133.46$4,189
Jun 200901,22166.163.90$4,756
May 200901,32054.743.93$5,182
Apr 200901,34246.773.59$4,814
Mar 200901,36742.144.06$5,549
Feb 200901,44532.814.63$6,695
Jan 200901,48735.865.37$7,987
Dec 200801,42037.105.98$8,488
Nov 200801,65955.496.86$11,381
Oct 200802,34975.246.92$16,260
Sep 200801,805101.767.88$14,218
Aug 200801,016114.228.48$8,619
Jul 2008851,579131.0811.39$29,126
Jun 200801,946131.3313.03$25,362
May 200801,750123.1711.57$20,255
Apr 2008622,287110.3110.45$30,749
Mar 200801,524101.909.66$14,728
Feb 200801,61492.538.77$14,156
Jan 200801,99890.388.21$16,395
Dec 200701,57288.337.30$11,479
Nov 200701,52691.677.29$11,127
Oct 200701,71582.856.92$11,871
Sep 200701,53175.846.24$9,560
Aug 200701,77569.066.39$11,339
Jul 200701,68170.906.39$10,738
Jun 200701,85662.007.55$14,010
May 200701,89158.747.85$14,837
Apr 20071661,99759.617.81$25,482
Mar 200701,95656.927.30$14,283
Feb 20071692,17755.108.22$27,198
Jan 200722,71550.306.73$18,364
Dec 200602,09456.656.92$14,487
Nov 200602,40654.207.62$18,328
Oct 200602,57954.906.01$15,510
Sep 200602,77060.085.04$13,953
Aug 200602,46268.717.34$18,071
Jul 200603,05369.376.34$19,364
Jun 200602,28566.286.38$14,587
May 200603,15066.016.42$20,239
Apr 200603,23764.397.36$23,826
Mar 200623,88856.707.08$27,652
Feb 20061433,09457.597.75$32,217
Jan 200602,74560.598.93$24,522
Dec 200503,12354.9413.42$41,896
Nov 200504,13754.6910.59$43,804
Oct 200504,05758.3413.80$55,969
Sep 200504,63961.4512.08$56,034
Aug 200503,41261.519.80$33,427
Jul 200501355.697.84$102
Jun 200504,28252.337.38$31,606
May 200504,09045.226.65$27,203
Apr 200504,36749.207.36$32,143
Mar 20051634,46850.377.15$40,178
Feb 200503,84645.226.31$24,276
Jan 200504,27543.166.32$27,027
Dec 200404,75339.866.75$32,088
Nov 200405,51945.286.33$34,938
Oct 200405,57849.706.52$36,341
Sep 200405,78143.245.28$30,546
Aug 200406,27042.375.55$34,803
Jul 20041496,78538.286.08$46,985
Jun 200407,27836.106.43$46,820
May 200408,16437.486.49$53,022
Apr 200408,55434.475.86$50,113
Mar 20041629,29834.365.53$56,986
Feb 2004010,12632.455.51$55,790
Jan 2004112,34132.036.30$77,776
Dec 2003014,75030.266.30$92,949
Nov 200302,42728.804.60$11,152

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                1,869 Mcf  × $  3.05 =     $5,693

────────────────────────────────────────────────────
Month total                                   $5,693

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/198965 is the state's own key, not one this site invented.