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 203796District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Jun 2004 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
264
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 Gas112004-11-30159749
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
CondensateDisposition1,061 bbl$77,008
GasProduction1,112,634 Mcf$6,363,986
Total$6,440,994

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 32.0985, -94.7184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09846, -94.71842 · 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
10,750 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 10,750 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-40133291310,750 ftJun 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 (264)

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

264 months

May 202601,106106.413.05$3,369
Apr 202601,06698.932.87$3,059
Mar 202601,09989.753.15$3,461
Feb 2026098763.503.75$3,702
Jan 202601,09959.138.00$8,790
Dec 202501,14156.664.41$5,036
Nov 202501,09558.593.93$4,299
Oct 202501,13759.383.30$3,758
Sep 202501,30462.743.08$4,012
Aug 202505,56963.933.01$16,789
Jul 202502,17666.743.32$7,214
Jun 202501,05366.483.13$3,295
May 202501,12060.553.23$3,620
Apr 202501,11162.363.54$3,936
Mar 202501,14667.704.27$4,891
Feb 202501,03570.884.34$4,493
Jan 202501,16074.324.28$4,963
Dec 202401,16768.993.12$3,643
Nov 202401,13369.052.20$2,491
Oct 202401,18471.372.28$2,701
Sep 202401,14869.612.36$2,714
Aug 202401,22775.632.06$2,532
Jul 202402,31279.932.15$4,963
Jun 202401,98878.082.63$5,236
May 202401,27978.812.20$2,812
Apr 202401,10884.451.66$1,838
Mar 202401,18180.301.55$1,825
Feb 202401,11276.091.78$1,983
Jan 202401,20373.023.30$3,967
Dec 202301,19171.262.61$3,109
Nov 202301,16377.892.81$3,265
Oct 202301,72885.443.09$5,335
Sep 202301,32389.042.74$3,618
Aug 202301,27680.522.67$3,411
Jul 202301,79374.852.64$4,737
Jun 202303,03268.962.26$6,848
May 202301,39170.622.23$3,098
Apr 202301,29678.122.24$2,900
Mar 202301,36172.852.39$3,257
Feb 202301,25275.112.47$3,087
Jan 202301,42676.533.39$4,831
Dec 202201,38576.415.73$7,935
Nov 202201,06485.005.65$6,008
Oct 202201,18387.185.86$6,937
Sep 2022089784.888.16$7,323
Aug 202201,42394.529.13$12,988
Jul 202202,272101.587.54$17,136
Jun 202201,283115.097.98$10,235
May 202201,254109.378.43$10,575
Apr 202201,203104.226.84$8,226
Mar 202201,223108.885.08$6,208
Feb 202201,01391.054.86$4,922
Jan 202201,13781.844.54$5,159
Dec 202101,09371.323.90$4,262
Nov 202101,05277.435.24$5,509
Oct 2021070279.795.71$4,011
Sep 2021035469.865.35$1,894
Aug 2021038766.024.22$1,633
Jul 2021024570.783.98$976
Jun 2021025569.493.38$862
May 2021032263.483.02$972
Apr 2021031360.362.76$863
Mar 2021036261.302.72$984
Feb 2021038357.805.55$2,125
Jan 2021058650.412.81$1,647
Dec 2020063344.642.68$1,694
Nov 2020069438.772.71$1,878
Oct 2020062636.972.48$1,552
Sep 2020065537.091.99$1,304
Aug 202001,13639.982.39$2,709
Jul 202002,19338.371.83$4,002
Jun 202002,31634.901.69$3,915
May 202002,49216.921.81$4,522
Apr 202002,21914.751.80$4,004
Mar 202002,83630.341.86$5,264
Feb 202002,43849.881.98$4,829
Jan 202002,26257.252.09$4,738
Dec 201902,52859.012.30$5,825
Nov 201902,26255.302.75$6,222
Oct 201902,53953.472.42$6,141
Sep 201902,20855.052.66$5,867
Aug 201902,35653.112.30$5,429
Jul 201902,60856.272.46$6,416
Jun 201902,53252.782.49$6,308
May 201902,62758.482.74$7,199
Apr 201902,46862.632.75$6,789
Mar 201902,48556.803.06$7,609
Feb 201902,06650.852.79$5,769
Jan 201901,94146.033.23$6,266
Dec 201802,03246.594.19$8,505
Nov 201802,25752.934.24$9,563
Oct 201802,24161.443.40$7,615
Sep 201801,81859.543.11$5,650
Aug 201801,90259.403.07$5,833
Jul 201801,93765.142.93$5,679
Jun 201801,91560.183.08$5,892
May 201801,88465.382.90$5,465
Apr 201801,93263.842.90$5,604
Mar 201802,29361.222.79$6,390
Feb 201801,99261.782.77$5,510
Jan 201802,05762.874.01$8,247
Dec 201702,25457.272.92$6,585
Nov 201702,21355.423.12$6,901
Oct 201702,09549.292.98$6,251
Sep 201701,80047.523.09$5,557
Aug 201702,18345.373.00$6,559
Jul 201702,34543.873.09$7,240
Jun 201702,28542.493.09$7,054
May 201702,15045.373.26$7,016
Apr 201702,05847.933.21$6,609
Mar 201702,02646.772.98$6,045
Feb 201701,57050.452.95$4,636
Jan 201701,37749.413.42$4,708
Dec 201601,58248.763.72$5,890
Nov 201601,84642.492.64$4,881
Oct 201601,88246.193.09$5,816
Sep 201602,07841.553.10$6,443
Aug 201602,42741.442.92$7,097
Jul 201602,37141.622.92$6,934
Jun 201602,29045.352.69$6,151
May 201602,53242.521.99$5,041
Apr 201602,49836.561.99$4,974
Mar 201602,58233.011.79$4,632
Feb 201602,45226.472.06$5,060
Jan 201602,63427.352.36$6,228
Dec 201502,59432.362.00$5,192
Nov 201502,48038.792.17$5,375
Oct 201502,51343.552.43$6,098
Sep 201502,36242.992.76$6,515
Aug 201502,40340.162.87$6,903
Jul 201502,43548.152.95$7,171
Jun 201502,30956.152.88$6,657
May 201502,41955.212.96$7,149
Apr 201502,49349.822.71$6,747
Mar 201502,58642.892.93$7,589
Feb 201502,31344.662.98$6,884
Jan 201502,57843.433.10$7,993
Dec 201402,64554.693.59$9,499
Nov 201402,59470.464.25$11,029
Oct 201402,63178.303.90$10,263
Sep 201402,62086.164.05$10,599
Aug 201402,61889.394.04$10,564
Jul 201402,57396.564.18$10,754
Jun 201402,56398.164.74$12,141
May 201402,66594.734.73$12,596
Apr 201402,60595.944.81$12,528
Mar 201402,70495.895.06$13,674
Feb 201402,35097.406.19$14,551
Jan 201402,37090.404.86$11,520
Dec 201302,33891.824.35$10,181
Nov 201302,32488.853.74$8,688
Oct 201302,47297.423.78$9,343
Sep 201302,442104.113.72$9,079
Aug 201302,795104.253.52$9,846
Jul 201302,841102.523.72$10,562
Jun 201302,76194.403.93$10,860
May 201302,70194.834.15$11,207
Apr 201302,75393.964.28$11,790
Mar 201302,53293.623.91$9,907
Feb 201302,54591.233.42$8,704
Jan 201302,77991.603.42$9,504
Dec 201202,97086.773.42$10,158
Nov 201202,88386.953.62$10,451
Oct 201202,98589.383.40$10,148
Sep 201202,84894.672.92$8,312
Aug 201202,86792.662.91$8,338
Jul 201202,85885.133.02$8,633
Jun 201262,65479.822.52$7,164
May 2012173,06291.612.49$9,177
Apr 2012182,985101.652.00$7,790
Mar 2012293,150105.052.22$10,046
Feb 2012373,237101.102.57$12,061
Jan 2012113,16998.092.73$9,743
Dec 2011103,08996.873.24$10,976
Nov 201113,14395.723.31$10,503
Oct 201103,37384.983.65$12,307
Sep 2011163,37883.623.99$14,802
Aug 2011103,33983.404.15$14,689
Jul 2011112,91594.144.52$14,203
Jun 201152,78992.904.64$13,405
May 201173,17498.134.40$14,668
Apr 201162,726105.964.33$12,448
Mar 201193,24896.364.06$14,045
Feb 2011122,81685.644.18$12,799
Jan 2011153,42486.504.59$17,009
Dec 201022,55785.734.35$11,289
Nov 20101103,33380.843.80$21,542
Oct 201063,41078.103.51$12,434
Sep 201073,30972.633.98$13,676
Aug 201013,17273.684.42$14,092
Jul 201003,58372.554.74$16,971
Jun 201043,54870.364.91$17,704
May 2010153,86571.124.24$17,436
Apr 2010123,58781.694.12$15,768
Mar 2010183,78278.394.39$18,009
Feb 2010163,61173.585.44$20,830
Jan 2010173,79574.365.96$23,898
Dec 2009113,54471.445.48$20,220
Nov 200963,37374.593.75$13,101
Oct 2009103,48372.544.11$15,041
Sep 2009193,86665.543.06$13,094
Aug 200953,26567.423.22$10,846
Jul 200983,50661.133.46$12,636
Jun 200983,50766.163.90$14,189
May 200993,87054.743.93$15,685
Apr 200983,82946.773.59$14,111
Mar 2009154,66442.144.06$19,563
Feb 200912,59032.814.63$12,032
Jan 200923,81735.865.37$20,573
Dec 2008114,28237.105.98$26,002
Nov 200833,91255.496.86$27,004
Oct 2008134,74475.246.92$33,816
Sep 2008143,730101.767.88$30,806
Aug 2008114,449114.228.48$38,997
Jul 200864,547131.0811.39$52,574
Jun 2008104,460131.3313.03$59,439
May 2008134,630123.1711.57$55,190
Apr 2008114,345110.3110.45$46,640
Mar 2008164,594101.909.66$46,027
Feb 200834,37792.538.77$38,666
Jan 200814,80290.388.21$39,494
Dec 200724,79188.337.30$35,160
Nov 200714,93691.677.29$36,084
Oct 200715,17282.856.92$35,883
Sep 200715,35875.846.24$33,532
Aug 200735,46369.066.39$35,105
Jul 200725,69970.906.39$36,547
Jun 200775,70962.007.55$43,528
May 2007146,00058.747.85$47,900
Apr 2007146,19359.617.81$49,172
Mar 2007196,67956.927.30$49,851
Feb 2007125,39455.108.22$44,978
Jan 2007175,98750.306.73$41,129
Dec 2006156,79756.656.92$47,874
Nov 2006186,23954.207.62$48,501
Oct 2006226,56654.906.01$40,694
Sep 2006246,07360.085.04$32,033
Aug 2006216,54568.717.34$49,483
Jul 2006197,50569.376.34$48,920
Jun 2006176,72166.286.38$44,033
May 200607,93966.016.42$51,008
Apr 200609,17664.397.36$67,540
Mar 2006010,22156.707.08$72,395
Feb 200609,15957.597.75$70,993
Jan 2006011,42960.598.93$102,099
Dec 2005011,20654.9413.42$150,333
Nov 2005010,02754.6910.59$106,170
Oct 2005011,72158.3413.80$161,700
Sep 2005012,40761.4512.08$149,864
Aug 2005013,96261.519.80$136,783
Jul 2005015,05555.697.84$118,086
Jun 2005014,13852.337.38$104,353
May 2005017,29045.226.65$114,999
Apr 2005018,08349.207.36$133,100
Mar 2005021,02250.377.15$150,410
Feb 200519021,10345.226.31$141,792
Jan 2005026,62143.166.32$168,303
Dec 2004030,83739.866.75$208,183
Nov 2004036,18945.286.33$229,092
Oct 2004042,13849.706.52$274,533
Sep 2004053,69343.245.28$283,708
Aug 2004050,82242.375.55$282,096
Jul 2004031,84738.286.08$193,763
Jun 200405,21736.106.43$33,561

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                1,106 Mcf  × $  3.05 =     $3,369

────────────────────────────────────────────────────
Month total                                   $3,369

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/203796 is the state's own key, not one this site invented.