GRAY GU 1

Operated by SABINE OIL & GAS LLC (P-5 742142) 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 205713District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
May 2004 – Mar 2015
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
131
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 Gas112005-04-29159792
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
CondensateDisposition5,285 bbl$307,706
GasProduction522,248 Mcf$3,685,624
Total$3,993,330

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 32.1632, -94.8397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16324, -94.83971 · 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
0.0%
0 of 1 wells
Median depth
10,900 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
1100.0%
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.
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 10,900 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-40133340110,900 ftFeb 2017Yes

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 (131)

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

131 months

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 201455094.734.73$5,210
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201403690.404.86$175
Dec 201317491.824.35$414
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201303493.623.91$133
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201203992.662.91$113
Jul 201204185.133.02$124
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20112292.904.64$195
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201115685.644.18$320
Jan 20111904486.504.59$16,637
Dec 2010457585.734.35$2,843
Nov 201001,33380.843.80$5,059
Oct 201001,36378.103.51$4,783
Sep 201001,36172.633.98$5,416
Aug 201001,85173.684.42$8,180
Jul 201001,27672.554.74$6,044
Jun 2010192170.364.91$4,593
May 20101811,48971.124.24$19,179
Apr 201002,63681.694.12$10,867
Mar 201012,65878.394.39$11,743
Feb 201002,56273.585.44$13,943
Jan 201003,03274.365.96$18,083
Dec 200902,84471.445.48$15,596
Nov 200902,83774.593.75$10,643
Oct 200903,30472.544.11$13,580
Sep 200903,35265.543.06$10,273
Aug 200903,71667.423.22$11,960
Jul 20091973,82961.133.46$25,308
Jun 200903,88366.163.90$15,124
May 200904,08754.743.93$16,045
Apr 200904,14346.773.59$14,863
Mar 200904,40942.144.06$17,896
Feb 200904,21932.814.63$19,547
Jan 200934,88835.865.37$26,361
Dec 20081884,80037.105.98$35,665
Nov 200804,24955.496.86$29,150
Oct 200874,77375.246.92$33,565
Sep 200803,886101.767.88$30,610
Aug 200804,743114.228.48$40,235
Jul 200833,255131.0811.39$37,466
Jun 200803,493131.3313.03$45,523
May 20081823,735123.1711.57$65,647
Apr 200833,755110.3110.45$39,589
Mar 200804,673101.909.66$45,160
Feb 200803,75892.538.77$32,960
Jan 200803,67990.388.21$30,189
Dec 200704,34688.337.30$31,734
Nov 20071494,37891.677.29$45,582
Oct 200704,28882.856.92$29,681
Sep 200704,85175.846.24$30,290
Aug 200704,78269.066.39$30,547
Jul 200705,08170.906.39$32,457
Jun 20075444,07762.007.55$64,503
May 2007164,90958.747.85$39,457
Apr 20071846,23259.617.81$59,610
Mar 20071827,68456.927.30$66,468
Feb 200702,00555.108.22$16,473
Jan 2007183,35550.306.73$23,474
Dec 20061674,57556.656.92$41,112
Nov 20062087,02254.207.62$64,764
Oct 200607,53854.906.01$45,332
Sep 200607,38660.085.04$37,205
Aug 200607,09268.717.34$52,055
Jul 20063567,45369.376.34$71,968
Jun 200606,42366.286.38$41,004
May 200628,34166.016.42$53,723
Apr 200608,08864.397.36$59,532
Mar 200628,67456.707.08$61,551
Feb 20061876,98457.597.75$64,903
Jan 200618,34860.598.93$74,636
Dec 20051879,06354.9413.42$131,858
Nov 200518,99754.6910.59$95,319
Oct 2005210,25558.3413.80$141,592
Sep 200509,04061.4512.08$109,194
Aug 200518512,27861.519.80$131,665
Jul 2005211,32055.697.84$88,901
Jun 2005212,82752.337.38$94,781
May 200517,83545.226.65$52,157
Apr 20051477,12149.207.36$59,646
Mar 200508,85850.377.15$63,378
Feb 20053568,39845.226.31$69,106
Jan 20051919,37443.166.32$67,508
Dec 2004012,12939.866.75$81,884
Nov 2004014,02445.286.33$88,778
Oct 200440014,97449.706.52$117,437
Sep 2004015,52443.245.28$82,027
Aug 2004022,46042.375.55$124,668
Jul 200442326,57738.286.08$177,892
Jun 200435338,62936.106.43$261,244
May 200402,96037.486.49$19,224

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 2014 — as filed, then multipliedworked
Condensate            55 bbl  × $ 94.73 =     $5,210
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $5,210

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/205713 is the state's own key, not one this site invented.