SWEPCO GAS UNIT

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 204455District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Aug 2004 – Aug 2021
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
205
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 Gas112005-04-07161501
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
CondensateDisposition6,557 bbl$396,264
GasProduction718,992 Mcf$4,294,192
Total$4,690,456

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 32.4426, -94.5544. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44256, -94.55439 · 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
10,650 ft
1 wells filed one
Completion to plug
16.5 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 10,650 ft.

Completions filed
Aug 2004
1 of 1 wells
Plug dates filed
Feb 2021
1 of 1 wells

Last completion to plug: a median of 16.5 years across the 1 well that filed both dates, with the middle half between 16.5 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332899510,650 ftAug 2004Feb 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 (205)

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

205 months

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 2021011757.805.55$649
Jan 2021031250.412.81$877
Dec 20200044.642.68$0
Nov 2020044338.772.71$1,199
Oct 2020046936.972.48$1,162
Sep 2020052537.091.99$1,045
Aug 2020061839.982.39$1,474
Jul 2020056838.371.83$1,037
Jun 2020052534.901.69$887
May 2020071016.921.81$1,288
Apr 2020184314.751.80$1,536
Mar 2020195730.341.86$1,807
Feb 2020084149.881.98$1,666
Jan 202010790657.252.09$8,024
Dec 201911,16459.012.30$2,741
Nov 201901,46055.302.75$4,016
Oct 201901,21753.472.42$2,943
Sep 201901,25355.052.66$3,330
Aug 201901,24353.112.30$2,864
Jul 201901,18956.272.46$2,925
Jun 201911,09952.782.49$2,791
May 201911,10758.482.74$3,092
Apr 2019079762.632.75$2,192
Mar 2019185956.803.06$2,687
Feb 2019172650.852.79$2,078
Jan 201922,16246.033.23$7,071
Dec 201803,68346.594.19$15,415
Nov 201832,09852.934.24$9,049
Oct 201811,45661.443.40$5,009
Sep 201812,27259.543.11$7,121
Aug 201811,02859.403.07$3,212
Jul 201811,00265.142.93$3,003
Jun 2018186760.183.08$2,728
May 2018089065.382.90$2,582
Apr 201801,46363.842.90$4,244
Mar 201802,11961.222.79$5,905
Feb 2018083661.782.77$2,312
Jan 2018194762.874.01$3,860
Dec 201711,09357.272.92$3,250
Nov 201701,06655.423.12$3,324
Oct 201701,23949.292.98$3,697
Sep 201711,10947.523.09$3,471
Aug 201711,15645.373.00$3,518
Jul 201701,01143.873.09$3,121
Jun 201711,08042.493.09$3,377
May 201711,18345.373.26$3,906
Apr 2017082747.933.21$2,656
Mar 201701,06746.772.98$3,184
Feb 201701,03650.452.95$3,059
Jan 201711,08449.413.42$3,755
Dec 201621,18348.763.72$4,502
Nov 2016691,17042.492.64$6,026
Oct 201601,21446.193.09$3,752
Sep 2016284941.553.10$2,716
Aug 201621,29541.442.92$3,870
Jul 201641,30341.622.92$3,977
Jun 201621,31645.352.69$3,625
May 201621,27842.521.99$2,630
Apr 201651,26436.561.99$2,699
Mar 201641,20133.011.79$2,287
Feb 201641,26426.472.06$2,714
Jan 201621,42527.352.36$3,424
Dec 201561,34632.362.00$2,888
Nov 201531,37338.792.17$3,092
Oct 201521,45943.552.43$3,627
Sep 201521,66342.992.76$4,673
Aug 201531,81240.162.87$5,325
Jul 201521,89148.152.95$5,665
Jun 201561,82156.152.88$5,587
May 201521,89955.212.96$5,723
Apr 201561,88149.822.71$5,390
Mar 201521,94842.892.93$5,803
Feb 201521,84444.662.98$5,577
Jan 201542,16043.433.10$6,871
Dec 201442,20254.693.59$8,127
Nov 201442,14270.464.25$9,389
Oct 20141572,25378.303.90$21,082
Sep 201442,27186.164.05$9,532
Aug 201452,41789.394.04$10,200
Jul 201442,49796.564.18$10,823
Jun 201462,78598.164.74$13,781
May 201411,84894.734.73$8,829
Apr 201421,75095.944.81$8,608
Mar 201422,18295.895.06$11,226
Feb 201402,10697.406.19$13,040
Jan 201462,11790.404.86$10,833
Dec 201312,12191.824.35$9,328
Nov 201322,03788.853.74$7,793
Oct 201332,16897.423.78$8,486
Sep 201322,013104.113.72$7,692
Aug 201362,232104.253.52$8,488
Jul 201301,994102.523.72$7,413
Jun 201311,98794.403.93$7,910
May 201302,02494.834.15$8,398
Apr 201322,38893.964.28$10,415
Mar 20131532,21793.623.91$22,999
Feb 201322,12091.233.42$7,433
Jan 201372,10891.603.42$7,850
Dec 201202,08786.773.42$7,138
Nov 201251,58086.953.62$6,162
Oct 201251,89489.383.40$6,886
Sep 201202,07694.672.92$6,059
Aug 201222,28792.662.91$6,836
Jul 201252,40285.133.02$7,682
Jun 2012632,31179.822.52$10,850
May 201242,48091.612.49$6,537
Apr 201222,403101.652.00$5,002
Mar 201222,640105.052.22$6,076
Feb 201222,348101.102.57$6,237
Jan 201202,72198.092.73$7,439
Dec 201102,67496.873.24$8,663
Nov 201102,63795.723.31$8,732
Oct 201102,82284.983.65$10,296
Sep 20111832,80483.623.99$26,479
Aug 201102,80983.404.15$11,655
Jul 201102,89694.144.52$13,082
Jun 201102,87192.904.64$13,321
May 201103,06298.134.40$13,488
Apr 201103,066105.964.33$13,286
Mar 201103,15896.364.06$12,813
Feb 201102,84885.644.18$11,905
Jan 201103,17686.504.59$14,574
Dec 201003,18485.734.35$13,843
Nov 201003,12480.843.80$11,857
Oct 20101903,32378.103.51$26,499
Sep 201003,19572.633.98$12,714
Aug 201003,24273.684.42$14,328
Jul 201003,18472.554.74$15,081
Jun 201003,14770.364.91$15,453
May 201002,96571.124.24$12,557
Apr 201003,10281.694.12$12,789
Mar 20101913,31178.394.39$29,503
Feb 201002,79773.585.44$15,222
Jan 201003,16674.365.96$18,882
Dec 200902,90571.445.48$15,930
Nov 200902,90874.593.75$10,909
Oct 200902,92672.544.11$12,027
Sep 20091932,87165.543.06$21,448
Aug 200902,90167.423.22$9,337
Jul 200902,99261.133.46$10,366
Jun 200903,15566.163.90$12,289
May 200903,38154.743.93$13,273
Apr 200903,37646.773.59$12,111
Mar 200903,44542.144.06$13,983
Feb 20091903,08632.814.63$20,531
Jan 200903,51435.865.37$18,874
Dec 200803,69237.105.98$22,068
Nov 200803,68955.496.86$25,308
Oct 200803,81675.246.92$26,414
Sep 200804,174101.767.88$32,879
Aug 20081814,322114.228.48$57,337
Jul 200804,385131.0811.39$49,943
Jun 200804,534131.3313.03$59,090
May 200802,700123.1711.57$31,251
Apr 20081832,131110.3110.45$42,466
Mar 200802,380101.909.66$23,000
Feb 200802,36392.538.77$20,725
Jan 200802,38090.388.21$19,530
Dec 200701,86788.337.30$13,633
Nov 200702,18991.677.29$15,962
Oct 200702,02582.856.92$14,017
Sep 200701,59675.846.24$9,966
Aug 20071831,42969.066.39$21,766
Jul 200706,00670.906.39$38,366
Jun 200705,34962.007.55$40,377
May 200706,65558.747.85$52,217
Apr 200706,37259.617.81$49,735
Mar 20072076,07956.927.30$56,171
Feb 200704,06855.108.22$33,423
Jan 200704,35850.306.73$29,316
Dec 2006145,44956.656.92$38,492
Nov 2006196,70554.207.62$52,105
Oct 20062055,02654.906.01$41,480
Sep 200607,14060.085.04$35,966
Aug 2006297,12168.717.34$54,260
Jul 200608,45469.376.34$53,622
Jun 20062148,03566.286.38$65,478
May 20062138,39066.016.42$67,966
Apr 2006218,60364.397.36$64,674
Mar 2006328,30456.707.08$60,631
Feb 20062177,40057.597.75$69,855
Jan 2006268,33260.598.93$76,008
Dec 20052118,50454.9413.42$125,677
Nov 2005249,04654.6910.59$97,095
Oct 20051939,49358.3413.80$142,223
Sep 200509,24761.4512.08$111,695
Aug 200518910,40861.519.80$113,591
Jul 200517311,14455.697.84$97,044
Jun 20052911,22952.337.38$84,399
May 200521312,93945.226.65$95,691
Apr 200522713,38649.207.36$109,696
Mar 200524115,28150.377.15$121,473
Feb 200518715,35345.226.31$105,363
Jan 200519616,04943.166.32$109,924
Dec 200419917,57039.866.75$126,549
Nov 200420615,82945.286.33$109,532
Oct 200443131,78249.706.52$228,484
Sep 200439130,48943.245.28$178,008
Aug 20042324,91342.375.55$139,258

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                  117 Mcf  × $  5.55 =       $649

────────────────────────────────────────────────────
Month total                                     $649

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/204455 is the state's own key, not one this site invented.