MARKEY #2

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 203799District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jul 2004 – Oct 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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 Gas112006-01-17165520
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
CondensateDisposition5,471 bbl$438,700
GasProduction806,661 Mcf$5,168,616
Total$5,607,316

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 32.0988, -94.7231. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09878, -94.72311 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,800 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 10,800 ft.

Completions filed
Jul 2004
1 of 1 wells
Plug dates filed
Nov 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

42-40133358710,800 ftJul 2004Nov 2021Yes

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 (208)

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

208 months

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 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201420095.895.06$1,918
Feb 20143064897.406.19$6,934
Jan 20141633,51490.404.86$31,816
Dec 20131411,65491.824.35$20,149
Nov 20131891,74388.853.74$23,308
Oct 20132142,88197.423.78$31,736
Sep 20131352,972104.113.72$25,104
Aug 20131793,400104.253.52$30,638
Jul 20132723,275102.523.72$40,061
Jun 20131633,19894.403.93$27,966
May 20131903,26594.834.15$31,564
Apr 20134073,19093.964.28$51,903
Mar 20131553,35293.623.91$27,627
Feb 20134542,91291.233.42$51,377
Jan 20132393,40491.603.42$33,534
Dec 20121253,38786.773.42$22,430
Nov 2012773,20486.953.62$18,310
Oct 2012293,29489.383.40$13,791
Sep 2012133,15494.672.92$10,435
Aug 2012263,52392.662.91$12,655
Jul 2012113,55385.133.02$11,669
Jun 201213,18879.822.52$8,111
May 201203,30891.612.49$8,231
Apr 201243,413101.652.00$7,222
Mar 201253,426105.052.22$8,138
Feb 201293,594101.102.57$10,147
Jan 201243,56498.092.73$10,137
Dec 201143,38196.873.24$11,341
Nov 2011133,29795.723.31$12,162
Oct 201103,32684.983.65$12,135
Sep 201183,47383.623.99$14,512
Aug 201153,78483.404.15$16,118
Jul 2011113,81394.144.52$18,260
Jun 201153,66492.904.64$17,465
May 201163,98998.134.40$18,160
Apr 2011124,101105.964.33$19,042
Mar 2011133,96396.364.06$17,332
Feb 201131,87785.644.18$8,103
Jan 201183,92086.504.59$18,680
Dec 201044,03885.734.35$17,899
Nov 201023,69680.843.80$14,189
Oct 201024,21278.103.51$14,936
Sep 201004,16872.633.98$16,586
Aug 201024,43873.684.42$19,760
Jul 201024,37672.554.74$20,872
Jun 201084,41670.364.91$22,247
May 201034,53971.124.24$19,437
Apr 201034,49781.694.12$18,785
Mar 201064,69478.394.39$21,071
Feb 201024,28773.585.44$23,479
Jan 201054,86774.365.96$29,399
Dec 200904,39271.445.48$24,085
Nov 200933,58074.593.75$13,654
Oct 200904,30472.544.11$17,691
Sep 200914,46865.543.06$13,759
Aug 200914,85367.423.22$15,687
Jul 200914,35861.133.46$15,159
Jun 200904,26966.163.90$16,628
May 200914,70954.743.93$18,541
Apr 200924,19346.773.59$15,136
Mar 200914,26742.144.06$17,362
Feb 200904,09032.814.63$18,949
Jan 200914,77435.865.37$25,677
Dec 200835,17937.105.98$31,067
Nov 200835,15055.496.86$35,497
Oct 200825,46675.246.92$37,986
Sep 200855,128101.767.88$40,903
Aug 200845,857114.228.48$50,142
Jul 200845,969131.0811.39$68,508
Jun 200835,877131.3313.03$76,987
May 200846,151123.1711.57$71,686
Apr 200856,088110.3110.45$64,201
Mar 200856,556101.909.66$63,867
Feb 200866,03292.538.77$53,459
Jan 200856,39190.388.21$52,895
Dec 200766,63288.337.30$48,957
Nov 200746,73891.677.29$49,498
Oct 200747,10482.856.92$49,505
Sep 200747,20775.846.24$45,305
Aug 20071667,60469.066.39$60,038
Jul 200728,02770.906.39$51,418
Jun 200718,26062.007.55$62,412
May 20071699,07458.747.85$81,124
Apr 200749,41959.617.81$73,756
Mar 200718010,74756.927.30$88,720
Feb 200719510,91555.108.22$100,422
Jan 200719814,24850.306.73$105,804
Dec 200640017,72356.656.92$145,276
Nov 200618410,05154.207.62$86,536
Oct 200635512,17254.906.01$92,689
Sep 2006205,86560.085.04$30,745
Aug 2006126,31368.717.34$47,161
Jul 2006107,38369.376.34$47,522
Jun 200687,11666.286.38$45,958
May 200608,02266.016.42$51,541
Apr 200608,33464.397.36$61,342
Mar 200609,46456.707.08$67,033
Feb 200608,82257.597.75$68,380
Jan 2006010,56960.598.93$94,416
Dec 200509,41254.9413.42$126,266
Nov 200507,61254.6910.59$80,599
Oct 200508,10758.3413.80$111,842
Sep 200508,90761.4512.08$107,588
Aug 200509,84861.519.80$96,479
Jul 2005010,82455.697.84$84,900
Jun 2005010,93552.337.38$80,712
May 2005012,00645.226.65$79,854
Apr 2005012,11449.207.36$89,165
Mar 2005013,18550.377.15$94,337
Feb 2005013,52345.226.31$85,356
Jan 20054916,65643.166.32$107,417
Dec 2004019,48939.866.75$131,572
Nov 2004022,97545.286.33$145,441
Oct 20045830,95549.706.52$204,558
Sep 2004040,49643.245.28$213,977
Aug 2004036,99442.375.55$205,341
Jul 200407,88138.286.08$47,949

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.

Mar 2014 — as filed, then multipliedworked
Condensate            20 bbl  × $ 95.89 =     $1,918
Gas                    0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,918

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/203799 is the state's own key, not one this site invented.