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 203002District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Mar 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
267
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 Gas112004-09-24158929
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
CondensateDisposition1,296 bbl$102,197
GasProduction642,421 Mcf$3,767,782
Total$3,869,979

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 32.1025, -94.7274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10249, -94.72739 · 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
10,748 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 10,748 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-40133294510,748 ftApr 2004

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 (267)

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

267 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 2019082255.052.66$2,184
Aug 201902,03253.112.30$4,682
Jul 201902,51756.272.46$6,192
Jun 201902,27352.782.49$5,663
May 201902,42458.482.74$6,643
Apr 201902,32662.632.75$6,398
Mar 201902,53056.803.06$7,747
Feb 201902,42250.852.79$6,763
Jan 201902,69546.033.23$8,700
Dec 201802,71946.594.19$11,380
Nov 201802,46452.934.24$10,441
Oct 201802,42861.443.40$8,251
Sep 201801,90359.543.11$5,915
Aug 201802,12459.403.07$6,513
Jul 201802,23165.142.93$6,541
Jun 201802,12760.183.08$6,545
May 201802,38365.382.90$6,913
Apr 201802,02363.842.90$5,868
Mar 201801,91861.222.79$5,345
Feb 201801,72861.782.77$4,780
Jan 201801,69762.874.01$6,804
Dec 201701,82057.272.92$5,317
Nov 201701,33955.423.12$4,175
Oct 201701,33849.292.98$3,992
Sep 201701,32747.523.09$4,097
Aug 201701,43545.373.00$4,311
Jul 201701,33443.873.09$4,118
Jun 2017093442.493.09$2,884
May 201701,25145.373.26$4,083
Apr 201701,17947.933.21$3,786
Mar 201701,19446.772.98$3,563
Feb 201701,13950.452.95$3,363
Jan 201701,45749.413.42$4,981
Dec 201601,37948.763.72$5,134
Nov 201601,38842.492.64$3,670
Oct 201601,42546.193.09$4,404
Sep 201601,41641.553.10$4,390
Aug 201601,88641.442.92$5,515
Jul 201601,35741.622.92$3,968
Jun 201601,30445.352.69$3,502
May 201601,41442.521.99$2,815
Apr 201601,39436.561.99$2,776
Mar 201601,46733.011.79$2,632
Feb 201601,32226.472.06$2,728
Jan 201631,50727.352.36$3,645
Dec 201521,15232.362.00$2,370
Nov 2015211,44038.792.17$3,936
Oct 2015141,51743.552.43$4,291
Sep 2015101,44742.992.76$4,421
Aug 2015161,26940.162.87$4,288
Jul 2015131,49948.152.95$5,041
Jun 2015131,49956.152.88$5,051
May 2015161,55855.212.96$5,488
Apr 2015181,54049.822.71$5,065
Mar 2015211,72342.892.93$5,957
Feb 2015181,64744.662.98$5,706
Jan 2015141,77243.433.10$6,102
Dec 201491,61654.693.59$6,296
Nov 2014131,79870.464.25$8,561
Oct 2014131,71178.303.90$7,692
Sep 2014111,78186.164.05$8,153
Aug 2014141,95889.394.04$9,152
Jul 2014121,90396.564.18$9,113
Jun 2014171,91998.164.74$10,759
May 2014221,93294.734.73$11,216
Apr 2014151,96595.944.81$10,889
Mar 2014211,75495.895.06$10,883
Feb 2014101,71597.406.19$11,593
Jan 2014251,82590.404.86$11,131
Dec 2013201,88891.824.35$10,058
Nov 2013251,81688.853.74$9,010
Oct 2013231,86197.423.78$9,274
Sep 2013121,742104.113.72$7,726
Aug 2013161,978104.253.52$8,636
Jul 2013262,007102.523.72$10,127
Jun 2013151,85994.403.93$8,728
May 2013181,94094.834.15$9,756
Apr 2013361,94593.964.28$11,712
Mar 2013141,80093.623.91$8,354
Feb 2013422,01591.233.42$10,723
Jan 2013232,25091.603.42$9,802
Dec 2012131,78286.773.42$7,223
Nov 2012222,04386.953.62$9,319
Oct 2012291,81789.383.40$8,769
Sep 2012131,70394.672.92$6,201
Aug 2012302,25092.662.91$9,323
Jul 2012161,48285.133.02$5,839
Jun 201261,85279.822.52$5,144
May 2012181,85391.612.49$6,260
Apr 201201,850101.652.00$3,694
Mar 201201,881105.052.22$4,180
Feb 201201,785101.102.57$4,588
Jan 201211,86498.092.73$5,194
Dec 201111,86296.873.24$6,129
Nov 2011502,18895.723.31$12,031
Oct 201102,44784.983.65$8,928
Sep 201132,59083.623.99$10,574
Aug 201112,60983.404.15$10,909
Jul 201102,33494.144.52$10,543
Jun 201111,96392.904.64$9,201
May 201121,60598.134.40$7,266
Apr 201182,252105.964.33$10,606
Mar 201142,50196.364.06$10,533
Feb 201131,30685.644.18$5,716
Jan 2011102,49186.504.59$12,296
Dec 201042,50385.734.35$11,225
Nov 2010112,44880.843.80$10,180
Oct 201062,51178.103.51$9,279
Sep 201072,40972.633.98$10,095
Aug 201072,50173.684.42$11,569
Jul 201062,44072.554.74$11,992
Jun 2010102,33870.364.91$12,184
May 201062,54271.124.24$11,193
Apr 201052,43181.694.12$10,431
Mar 201062,79978.394.39$12,754
Feb 201052,02373.585.44$11,378
Jan 201082,41174.365.96$14,974
Dec 200952,63271.445.48$14,790
Nov 200972,44974.593.75$9,710
Oct 200972,52372.544.11$10,878
Sep 2009162,61965.543.06$9,075
Aug 200982,56767.423.22$8,801
Jul 200982,76761.133.46$10,075
Jun 2009112,58666.163.90$10,800
May 200992,72154.743.93$11,175
Apr 200992,73946.773.59$10,247
Mar 2009103,16742.144.06$13,276
Feb 200962,59132.814.63$12,201
Jan 200973,03535.865.37$16,552
Dec 200882,80737.105.98$17,075
Nov 200852,76655.496.86$19,253
Oct 200893,14875.246.92$22,468
Sep 2008112,727101.767.88$22,600
Aug 200893,240114.228.48$28,513
Jul 200893,339131.0811.39$39,209
Jun 200883,251131.3313.03$43,420
May 200883,282123.1711.57$38,972
Apr 200883,242110.3110.45$34,777
Mar 200873,473101.909.66$34,277
Feb 200873,22292.538.77$28,907
Jan 200863,40590.388.21$28,483
Dec 200763,35788.337.30$25,043
Nov 200753,45591.677.29$25,651
Oct 200763,59682.856.92$25,389
Sep 2007113,67675.846.24$23,788
Aug 2007113,88669.066.39$25,583
Jul 200784,19370.906.39$27,352
Jun 200743,73562.007.55$28,441
May 200773,65158.747.85$29,058
Apr 200783,43959.617.81$27,319
Mar 2007103,71256.927.30$27,674
Feb 200793,11955.108.22$26,122
Jan 200763,71550.306.73$25,292
Dec 200653,85456.656.92$26,947
Nov 2006114,77754.207.62$36,985
Oct 200643,07854.906.01$18,730
Sep 200641,69860.085.04$8,793
Aug 2006104,20068.717.34$31,515
Jul 200674,79669.376.34$30,905
Jun 200665,04066.286.38$32,572
May 200605,56966.016.42$35,781
Apr 200605,85564.397.36$43,096
Mar 200606,43556.707.08$45,579
Feb 200605,93257.597.75$45,980
Jan 200606,78360.598.93$60,595
Dec 200506,15154.9413.42$82,518
Nov 200504,91354.6910.59$52,021
Oct 200506,40458.3413.80$88,348
Sep 200507,51861.4512.08$90,810
Aug 200508,41861.519.80$82,470
Jul 200509,19855.697.84$72,146
Jun 200507,98152.337.38$58,908
May 200507,85545.226.65$52,245
Apr 200508,59149.207.36$63,234
Mar 200509,06450.377.15$64,852
Feb 200508,07145.226.31$50,944
Jan 200509,30143.166.32$58,803
Dec 2004011,52139.866.75$77,779
Nov 2004013,14745.286.33$83,226
Oct 2004018,77649.706.52$122,328
Sep 2004083743.245.28$4,423
Aug 2004018,11742.375.55$100,561
Jul 2004023,30438.286.08$141,786
Jun 2004032,38936.106.43$208,359
May 200408,65537.486.49$56,211
Apr 20041724,77634.475.86$145,735
Mar 200406,08634.365.53$33,656

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.

Sep 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.05 =         $0
Gas                  822 Mcf  × $  2.66 =     $2,184

────────────────────────────────────────────────────
Month total                                   $2,184

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/203002 is the state's own key, not one this site invented.