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 204890District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Aug 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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 Gas112005-09-20165519
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
CondensateDisposition1,497 bbl$114,646
GasProduction837,540 Mcf$5,059,437
Total$5,174,083

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 32.0975, -94.7280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09745, -94.72800 · 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
10,796 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 10,796 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-40133371610,796 ftAug 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 (262)

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

262 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 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 201801,09462.874.01$4,386
Dec 201702,03757.272.92$5,951
Nov 201702,05555.423.12$6,408
Oct 201702,38249.292.98$7,107
Sep 201702,27547.523.09$7,024
Aug 201702,39145.373.00$7,184
Jul 201702,45143.873.09$7,567
Jun 201702,39542.493.09$7,394
May 201702,34145.373.26$7,640
Apr 201702,37047.933.21$7,611
Mar 201702,11246.772.98$6,302
Feb 201702,05950.452.95$6,079
Jan 201702,54649.413.42$8,704
Dec 201602,41148.763.72$8,976
Nov 201602,14542.492.64$5,672
Oct 201602,18546.193.09$6,752
Sep 201602,29641.553.10$7,119
Aug 201602,42841.442.92$7,100
Jul 201602,40441.622.92$7,030
Jun 201602,38145.352.69$6,395
May 201602,78342.521.99$5,541
Apr 201602,74836.561.99$5,471
Mar 201602,86133.011.79$5,133
Feb 201602,69226.472.06$5,555
Jan 201602,71627.352.36$6,422
Dec 201502,81732.362.00$5,638
Nov 201502,68738.792.17$5,824
Oct 201502,82543.552.43$6,855
Sep 201502,66842.992.76$7,359
Aug 201502,69540.162.87$7,741
Jul 201502,74148.152.95$8,072
Jun 2015122,31456.152.88$7,345
May 2015132,39155.212.96$7,784
Apr 2015182,59449.822.71$7,918
Mar 2015212,66342.892.93$8,716
Feb 2015182,31344.662.98$7,688
Jan 2015142,66743.433.10$8,877
Dec 201492,44154.693.59$9,259
Nov 2014132,57970.464.25$11,881
Oct 2014132,65878.303.90$11,387
Sep 2014112,58586.164.05$11,405
Aug 2014142,58589.394.04$11,682
Jul 2014122,54396.564.18$11,787
Jun 2014172,52298.164.74$13,615
May 2014222,61494.734.73$14,439
Apr 2014152,58195.944.81$13,851
Mar 2014212,62795.895.06$15,298
Feb 2014102,37297.406.19$15,661
Jan 2014242,63990.404.86$14,997
Dec 2013202,62391.824.35$13,258
Nov 2013242,61888.853.74$11,919
Oct 2013192,69297.423.78$12,025
Sep 2013122,635104.113.72$11,046
Aug 2013162,791104.253.52$11,500
Jul 2013242,908102.523.72$13,272
Jun 2013152,74294.403.93$12,201
May 2013162,84394.834.15$13,313
Apr 2013282,78393.964.28$14,549
Mar 201332,95893.623.91$11,855
Feb 201302,66691.233.42$9,117
Jan 201303,00491.603.42$10,273
Dec 201202,96786.773.42$10,148
Nov 201202,60986.953.62$9,458
Oct 201203,02989.383.40$10,298
Sep 201203,03694.672.92$8,860
Aug 201203,02792.662.91$8,803
Jul 201203,08785.133.02$9,325
Jun 201203,01579.822.52$7,595
May 201203,15691.612.49$7,853
Apr 201253,072101.652.00$6,642
Mar 201272,670105.052.22$6,668
Feb 201293,129101.102.57$8,952
Jan 2012183,41398.092.73$11,097
Dec 2011303,40696.873.24$13,941
Nov 201182,51795.723.31$9,100
Oct 201103,22384.983.65$11,759
Sep 2011113,16183.623.99$13,519
Aug 201193,41383.404.15$14,912
Jul 201142,90494.144.52$13,495
Jun 201142,84792.904.64$13,581
May 201153,23498.134.40$14,736
Apr 201173,192105.964.33$14,574
Mar 201163,31196.364.06$14,012
Feb 201182,91985.644.18$12,886
Jan 201183,28186.504.59$15,748
Dec 201073,42985.734.35$15,509
Nov 2010173,38880.843.80$14,233
Oct 2010153,49678.103.51$13,439
Sep 2010133,35972.633.98$14,311
Aug 2010193,55473.684.42$17,106
Jul 2010153,61372.554.74$18,201
Jun 2010173,41470.364.91$17,960
May 2010183,59471.124.24$16,502
Apr 2010183,52881.694.12$16,015
Mar 2010373,76778.394.39$19,433
Feb 2010273,43473.585.44$20,676
Jan 2010313,89474.365.96$25,529
Dec 2009193,90771.445.48$22,782
Nov 2009253,87274.593.75$16,391
Oct 2009254,02472.544.11$18,353
Sep 2009353,83165.543.06$14,035
Aug 2009204,01167.423.22$14,258
Jul 2009173,91561.133.46$14,603
Jun 2009163,84466.163.90$16,031
May 2009234,06154.743.93$17,201
Apr 2009123,57246.773.59$13,376
Mar 2009143,83342.144.06$16,148
Feb 2009163,69832.814.63$17,658
Jan 2009244,31635.865.37$24,042
Dec 2008264,20337.105.98$26,087
Nov 2008134,05355.496.86$28,526
Oct 2008224,45075.246.92$32,458
Sep 2008194,123101.767.88$34,411
Aug 2008164,645114.228.48$41,231
Jul 2008194,647131.0811.39$55,417
Jun 2008144,627131.3313.03$62,141
May 2008104,858123.1711.57$57,460
Apr 200874,740110.3110.45$50,328
Mar 200875,019101.909.66$49,217
Feb 200874,82992.538.77$43,001
Jan 200865,21390.388.21$43,319
Dec 200795,32388.337.30$39,663
Nov 200765,38491.677.29$39,809
Oct 200775,49582.856.92$38,616
Sep 200785,44075.846.24$34,575
Aug 200795,74469.066.39$37,314
Jul 200776,19970.906.39$40,095
Jun 200766,13562.007.55$46,682
May 2007126,24358.747.85$49,689
Apr 2007135,96859.617.81$47,356
Mar 2007136,31356.927.30$46,837
Feb 2007165,72455.108.22$47,910
Jan 2007136,40950.306.73$43,766
Dec 2006136,65156.656.92$46,751
Nov 2006176,54854.207.62$50,801
Oct 2006196,88254.906.01$42,430
Sep 2006246,86860.085.04$36,037
Aug 2006217,09768.717.34$53,534
Jul 2006156,57469.376.34$42,738
Jun 2006156,40866.286.38$41,902
May 200607,33066.016.42$47,095
Apr 200609,01564.397.36$66,355
Mar 200609,76756.707.08$69,179
Feb 200608,24657.597.75$63,916
Jan 2006010,58860.598.93$94,586
Dec 2005010,19854.9413.42$136,810
Nov 200509,28354.6910.59$98,292
Oct 200509,54558.3413.80$131,681
Sep 2005010,40261.4512.08$125,646
Aug 2005011,45661.519.80$112,233
Jul 2005012,62355.697.84$99,010
Jun 2005012,68052.337.38$93,592
May 2005014,53645.226.65$96,681
Apr 2005015,29649.207.36$112,586
Mar 2005017,68550.377.15$126,534
Feb 2005017,58445.226.31$110,989
Jan 20051522,20343.166.32$141,019
Dec 2004026,48339.866.75$178,789
Nov 2004032,17745.286.33$203,694
Oct 2004039,62449.706.52$258,154
Sep 2004032,38643.245.28$171,124
Aug 200408,70742.375.55$48,330

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.

Jan 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.87 =         $0
Gas                1,094 Mcf  × $  4.01 =     $4,386

────────────────────────────────────────────────────
Month total                                   $4,386

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/204890 is the state's own key, not one this site invented.