RICHARDSON GAS UNIT

Name: RICHARDSON GAS UNIT lease production and value, Oct 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 199745District 06Field 664612752 tax incentive programmesCondensateGasSave Export

Value, all time

$3.2 M

Oct 2003 – Aug 2021

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

215

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-06-10	159829
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3,298 bbl	$157,418
Gas	Production	515,266 Mcf	$3,060,172
Total			$3,217,590

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 32.4568, -94.5510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45679, -94.55103 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,625 ft

1 wells filed one

Completion to plug

17.3 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 10,625 ft.

Completions filed

Oct 2003

1 of 1 wells

Plug dates filed

Feb 2021

1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20332824	1	10,625 ft	Oct 2003	Feb 2021	Yes

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 (215)

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

215 months


Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	83	57.80	5.55	$460
Jan 2021	0	640	50.41	2.81	$1,799
Dec 2020	0	868	44.64	2.68	$2,322
Nov 2020	0	724	38.77	2.71	$1,960
Oct 2020	0	930	36.97	2.48	$2,305
Sep 2020	0	490	37.09	1.99	$976
Aug 2020	0	275	39.98	2.39	$656
Jul 2020	0	233	38.37	1.83	$425
Jun 2020	0	104	34.90	1.69	$176
May 2020	0	164	16.92	1.81	$298
Apr 2020	0	203	14.75	1.80	$366
Mar 2020	0	183	30.34	1.86	$340
Feb 2020	0	397	49.88	1.98	$786
Jan 2020	0	429	57.25	2.09	$899
Dec 2019	0	471	59.01	2.30	$1,085
Nov 2019	0	455	55.30	2.75	$1,252
Oct 2019	0	291	53.47	2.42	$704
Sep 2019	0	370	55.05	2.66	$983
Aug 2019	0	516	53.11	2.30	$1,189
Jul 2019	0	694	56.27	2.46	$1,707
Jun 2019	0	725	52.78	2.49	$1,806
May 2019	0	779	58.48	2.74	$2,135
Apr 2019	0	768	62.63	2.75	$2,113
Mar 2019	0	795	56.80	3.06	$2,434
Feb 2019	0	760	50.85	2.79	$2,122
Jan 2019	0	890	46.03	3.23	$2,873
Dec 2018	0	803	46.59	4.19	$3,361
Nov 2018	2	732	52.93	4.24	$3,208
Oct 2018	1	705	61.44	3.40	$2,457
Sep 2018	0	375	59.54	3.11	$1,166
Aug 2018	0	441	59.40	3.07	$1,352
Jul 2018	0	550	65.14	2.93	$1,613
Jun 2018	0	369	60.18	3.08	$1,135
May 2018	0	188	65.38	2.90	$545
Apr 2018	0	354	63.84	2.90	$1,027
Mar 2018	1	569	61.22	2.79	$1,647
Feb 2018	2	672	61.78	2.77	$1,982
Jan 2018	0	611	62.87	4.01	$2,450
Dec 2017	0	704	57.27	2.92	$2,057
Nov 2017	0	802	55.42	3.12	$2,501
Oct 2017	1	853	49.29	2.98	$2,594
Sep 2017	1	813	47.52	3.09	$2,557
Aug 2017	1	904	45.37	3.00	$2,761
Jul 2017	0	850	43.87	3.09	$2,624
Jun 2017	1	648	42.49	3.09	$2,043
May 2017	1	814	45.37	3.26	$2,702
Apr 2017	1	788	47.93	3.21	$2,579
Mar 2017	0	800	46.77	2.98	$2,387
Feb 2017	0	729	50.45	2.95	$2,152
Jan 2017	1	790	49.41	3.42	$2,750
Dec 2016	0	733	48.76	3.72	$2,729
Nov 2016	1	751	42.49	2.64	$2,028
Oct 2016	1	770	46.19	3.09	$2,426
Sep 2016	0	738	41.55	3.10	$2,288
Aug 2016	2	810	41.44	2.92	$2,452
Jul 2016	3	835	41.62	2.92	$2,567
Jun 2016	2	790	45.35	2.69	$2,213
May 2016	2	674	42.52	1.99	$1,427
Apr 2016	3	772	36.56	1.99	$1,647
Mar 2016	1	774	33.01	1.79	$1,422
Feb 2016	3	776	26.47	2.06	$1,681
Jan 2016	1	778	27.35	2.36	$1,867
Dec 2015	4	880	32.36	2.00	$1,891
Nov 2015	4	884	38.79	2.17	$2,071
Oct 2015	2	881	43.55	2.43	$2,225
Sep 2015	67	971	42.99	2.76	$5,559
Aug 2015	3	1,017	40.16	2.87	$3,042
Jul 2015	2	1,130	48.15	2.95	$3,424
Jun 2015	4	995	56.15	2.88	$3,093
May 2015	1	1,021	55.21	2.96	$3,073
Apr 2015	8	1,014	49.82	2.71	$3,143
Mar 2015	3	997	42.89	2.93	$3,055
Feb 2015	3	724	44.66	2.98	$2,289
Jan 2015	3	1,048	43.43	3.10	$3,380
Dec 2014	3	1,069	54.69	3.59	$4,003
Nov 2014	4	1,056	70.46	4.25	$4,772
Oct 2014	66	1,013	78.30	3.90	$9,119
Sep 2014	4	907	86.16	4.05	$4,014
Aug 2014	2	1,100	89.39	4.04	$4,617
Jul 2014	2	951	96.56	4.18	$4,168
Jun 2014	2	898	98.16	4.74	$4,450
May 2014	1	985	94.73	4.73	$4,750
Apr 2014	1	1,177	95.94	4.81	$5,756
Mar 2014	0	1,401	95.89	5.06	$7,085
Feb 2014	1	1,201	97.40	6.19	$7,534
Jan 2014	7	1,348	90.40	4.86	$7,185
Dec 2013	0	1,296	91.82	4.35	$5,643
Nov 2013	1	1,150	88.85	3.74	$4,388
Oct 2013	0	1,499	97.42	3.78	$5,665
Sep 2013	1	937	104.11	3.72	$3,588
Aug 2013	2	1,617	104.25	3.52	$5,905
Jul 2013	0	1,202	102.52	3.72	$4,469
Jun 2013	0	1,311	94.40	3.93	$5,157
May 2013	0	1,407	94.83	4.15	$5,838
Apr 2013	1	1,334	93.96	4.28	$5,807
Mar 2013	2	1,280	93.62	3.91	$5,196
Feb 2013	1	1,274	91.23	3.42	$4,448
Jan 2013	4	1,609	91.60	3.42	$5,869
Dec 2012	0	1,593	86.77	3.42	$5,448
Nov 2012	3	1,156	86.95	3.62	$4,451
Oct 2012	5	1,473	89.38	3.40	$5,455
Sep 2012	1	1,606	94.67	2.92	$4,782
Aug 2012	2	1,708	92.66	2.91	$5,152
Jul 2012	3	1,473	85.13	3.02	$4,705
Jun 2012	2	1,583	79.82	2.52	$4,147
May 2012	4	1,660	91.61	2.49	$4,497
Apr 2012	1	1,860	101.65	2.00	$3,816
Mar 2012	1	1,672	105.05	2.22	$3,820
Feb 2012	26	1,567	101.10	2.57	$6,656
Jan 2012	0	1,703	98.09	2.73	$4,656
Dec 2011	0	1,705	96.87	3.24	$5,524
Nov 2011	0	1,692	95.72	3.31	$5,603
Oct 2011	0	1,782	84.98	3.65	$6,502
Sep 2011	0	1,678	83.62	3.99	$6,688
Aug 2011	0	1,780	83.40	4.15	$7,386
Jul 2011	107	1,896	94.14	4.52	$18,638
Jun 2011	0	1,891	92.90	4.64	$8,774
May 2011	0	1,991	98.13	4.40	$8,770
Apr 2011	0	1,921	105.96	4.33	$8,324
Mar 2011	0	2,095	96.36	4.06	$8,500
Feb 2011	0	1,697	85.64	4.18	$7,093
Jan 2011	0	2,114	86.50	4.59	$9,701
Dec 2010	0	2,189	85.73	4.35	$9,517
Nov 2010	0	2,162	80.84	3.80	$8,206
Oct 2010	0	2,263	78.10	3.51	$7,941
Sep 2010	0	2,088	72.63	3.98	$8,309
Aug 2010	0	2,138	73.68	4.42	$9,449
Jul 2010	0	2,205	72.55	4.74	$10,444
Jun 2010	0	2,161	70.36	4.91	$10,611
May 2010	0	2,211	71.12	4.24	$9,364
Apr 2010	0	1,851	81.69	4.12	$7,631
Mar 2010	0	1,713	78.39	4.39	$7,518
Feb 2010	0	1,672	73.58	5.44	$9,100
Jan 2010	0	1,933	74.36	5.96	$11,529
Dec 2009	0	1,859	71.44	5.48	$10,194
Nov 2009	0	1,955	74.59	3.75	$7,334
Oct 2009	0	2,034	72.54	4.11	$8,360
Sep 2009	0	1,965	65.54	3.06	$6,022
Aug 2009	0	2,046	67.42	3.22	$6,585
Jul 2009	0	2,131	61.13	3.46	$7,383
Jun 2009	0	2,043	66.16	3.90	$7,957
May 2009	0	2,208	54.74	3.93	$8,668
Apr 2009	184	2,182	46.77	3.59	$16,434
Mar 2009	0	2,260	42.14	4.06	$9,173
Feb 2009	0	2,123	32.81	4.63	$9,836
Jan 2009	0	2,387	35.86	5.37	$12,821
Dec 2008	0	2,429	37.10	5.98	$14,518
Nov 2008	0	2,398	55.49	6.86	$16,451
Oct 2008	0	2,434	75.24	6.92	$16,848
Sep 2008	0	2,343	101.76	7.88	$18,456
Aug 2008	0	2,402	114.22	8.48	$20,376
Jul 2008	0	2,423	131.08	11.39	$27,597
Jun 2008	0	2,411	131.33	13.03	$31,422
May 2008	0	2,509	123.17	11.57	$29,040
Apr 2008	184	2,354	110.31	10.45	$44,908
Mar 2008	0	2,449	101.90	9.66	$23,667
Feb 2008	0	2,282	92.53	8.77	$20,014
Jan 2008	0	2,408	90.38	8.21	$19,759
Dec 2007	0	2,620	88.33	7.30	$19,131
Nov 2007	0	2,659	91.67	7.29	$19,389
Oct 2007	0	2,578	82.85	6.92	$17,845
Sep 2007	0	2,726	75.84	6.24	$17,022
Aug 2007	0	3,178	69.06	6.39	$20,301
Jul 2007	0	3,344	70.90	6.39	$21,361
Jun 2007	0	3,092	62.00	7.55	$23,340
May 2007	0	3,624	58.74	7.85	$28,435
Apr 2007	0	3,227	59.61	7.81	$25,187
Mar 2007	10	3,300	56.92	7.30	$24,666
Feb 2007	0	3,130	55.10	8.22	$25,716
Jan 2007	0	3,539	50.30	6.73	$23,806
Dec 2006	8	3,613	56.65	6.92	$25,450
Nov 2006	9	3,812	54.20	7.62	$29,526
Oct 2006	10	2,454	54.90	6.01	$15,307
Sep 2006	0	3,386	60.08	5.04	$17,056
Aug 2006	16	3,857	68.71	7.34	$29,409
Jul 2006	0	3,901	69.37	6.34	$24,743
Jun 2006	17	3,928	66.28	6.38	$26,203
May 2006	14	4,112	66.01	6.42	$27,344
Apr 2006	18	4,470	64.39	7.36	$34,060
Mar 2006	25	5,000	56.70	7.08	$36,832
Feb 2006	23	4,647	57.59	7.75	$37,344
Jan 2006	29	5,236	60.59	8.93	$48,532
Dec 2005	9	4,735	54.94	13.42	$64,016
Nov 2005	8	5,838	54.69	10.59	$62,253
Oct 2005	8	5,239	58.34	13.80	$72,743
Sep 2005	0	4,931	61.45	12.08	$59,562
Aug 2005	6	3,914	61.51	9.80	$38,714
Jul 2005	0	5,554	55.69	7.84	$43,564
Jun 2005	14	5,365	52.33	7.38	$40,332
May 2005	23	5,762	45.22	6.65	$39,364
Apr 2005	23	5,450	49.20	7.36	$41,246
Mar 2005	182	5,597	50.37	7.15	$49,213
Feb 2005	0	5,883	45.22	6.31	$37,133
Jan 2005	5	6,809	43.16	6.32	$43,264
Dec 2004	185	7,459	39.86	6.75	$57,730
Nov 2004	0	7,100	45.28	6.33	$44,946
Oct 2004	14	7,286	49.70	6.52	$48,165
Sep 2004	195	7,330	43.24	5.28	$47,163
Aug 2004	16	8,198	42.37	5.55	$46,182
Jul 2004	211	9,709	38.28	6.08	$67,148
Jun 2004	0	12,141	36.10	6.43	$78,103
May 2004	201	11,818	37.48	6.49	$84,286
Apr 2004	208	12,455	34.47	5.86	$80,137
Mar 2004	393	13,211	34.36	5.53	$86,562
Feb 2004	210	12,910	32.45	5.51	$77,944
Jan 2004	394	19,640	32.03	6.30	$136,345
Dec 2003	33	26,132	30.26	6.30	$165,673
Nov 2003	17	10,564	28.80	4.60	$49,033
Oct 2003	0	0	28.17	4.76	$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.

Feb 2021 — as filed, then multipliedworked

Condensate             0 bbl  × $ 57.80 =         $0
Gas                   83 Mcf  × $  5.55 =       $460

────────────────────────────────────────────────────
Month total                                     $460

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/199745 is the state's own key, not one this site invented.