LAKE GAS UNIT 1

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the HENDERSON, E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213670District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Jul 2005 – Mar 2018
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
153
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112007-03-06173418
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
CondensateDisposition5,120 bbl$357,357
GasProduction420,918 Mcf$2,855,973
Total$3,213,330

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 32.1390, -94.8766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13900, -94.87664 · 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
11,220 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 11,220 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-40133592411,220 ftMay 2018Yes

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 (153)

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

153 months

Mar 201820061.222.79$1,224
Feb 201801861.782.77$50
Jan 2018017262.874.01$690
Dec 2017018657.272.92$543
Nov 2017018955.423.12$589
Oct 2017020649.292.98$615
Sep 2017021947.523.09$676
Aug 2017021845.373.00$655
Jul 2017014643.873.09$451
Jun 2017016942.493.09$522
May 2017021745.373.26$708
Apr 2017022447.933.21$719
Mar 2017026146.772.98$779
Feb 2017022550.452.95$664
Jan 2017029349.413.42$1,002
Dec 2016033748.763.72$1,255
Nov 2016036042.492.64$952
Oct 2016043746.193.09$1,350
Sep 2016046741.553.10$1,448
Aug 2016052441.442.92$1,532
Jul 2016059641.622.92$1,743
Jun 2016072345.352.69$1,942
May 2016079542.521.99$1,583
Apr 2016076536.561.99$1,523
Mar 2016068733.011.79$1,232
Feb 2016063126.472.06$1,302
Jan 2016087827.352.36$2,076
Dec 2015094132.362.00$1,883
Nov 2015099238.792.17$2,150
Oct 201501,13243.552.43$2,747
Sep 201501,28842.992.76$3,553
Aug 201501,07040.162.87$3,074
Jul 201501,30948.152.95$3,855
Jun 20150056.152.88$0
May 2015069555.212.96$2,054
Apr 20150249.822.71$5
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015071043.433.10$2,201
Dec 201401,30254.693.59$4,676
Nov 20141611,37170.464.25$17,173
Oct 201401,39378.303.90$5,434
Sep 201401,44886.164.05$5,858
Aug 201401,53089.394.04$6,174
Jul 201401,58296.564.18$6,612
Jun 201401,64698.164.74$7,797
May 201401,71294.734.73$8,092
Apr 201401,67195.944.81$8,036
Mar 201401,72195.895.06$8,703
Feb 201401,53297.406.19$9,486
Jan 201401,77690.404.86$8,633
Dec 201301,81191.824.35$7,886
Nov 201302,06588.853.74$7,720
Oct 201321,95997.423.78$7,599
Sep 201301,854104.113.72$6,893
Aug 201302,104104.253.52$7,412
Jul 201302,047102.523.72$7,610
Jun 201302,23194.403.93$8,775
May 201312,29594.834.15$9,617
Apr 201302,23693.964.28$9,576
Mar 201301,96593.623.91$7,689
Feb 20131711,78891.233.42$21,715
Jan 201302,21591.603.42$7,575
Dec 201201,99386.773.42$6,816
Nov 201211,68586.953.62$6,195
Oct 201212,19289.383.40$7,541
Sep 201242,10094.672.92$6,507
Aug 201221,94592.662.91$5,842
Jul 201212,23185.133.02$6,825
Jun 201252,22579.822.52$6,004
May 20121822,29191.612.49$22,374
Apr 201231,709101.652.00$3,717
Mar 201272,372105.052.22$6,006
Feb 2012112,380101.102.57$7,229
Jan 201222,69398.092.73$7,559
Dec 201101,58496.873.24$5,132
Nov 20111652,09195.723.31$22,718
Oct 201122,37584.983.65$8,835
Sep 201112,23383.623.99$8,984
Aug 201102,46583.404.15$10,228
Jul 201102,58994.144.52$11,695
Jun 201122,39692.904.64$11,303
May 201102,45998.134.40$10,831
Apr 201102,585105.964.33$11,202
Mar 201122,22296.364.06$9,208
Feb 20111862,32985.644.18$25,664
Jan 201102,91186.504.59$13,358
Dec 201002,93985.734.35$12,778
Nov 201042,80780.843.80$10,977
Oct 201002,99378.103.51$10,502
Sep 201012,86872.633.98$11,486
Aug 20101542,91373.684.42$24,220
Jul 201023,00372.554.74$14,369
Jun 201002,89170.364.91$14,196
May 2010398971.124.24$4,402
Apr 20101751,08581.694.12$18,769
Mar 201021,16178.394.39$5,252
Feb 201031,24873.585.44$7,013
Jan 201021,45874.365.96$8,844
Dec 200932,79171.445.48$15,519
Nov 200923,28774.593.75$12,480
Oct 200933,43072.544.11$14,316
Sep 200923,41165.543.06$10,585
Aug 20091813,54867.423.22$23,622
Jul 200913,57761.133.46$12,454
Jun 200913,51966.163.90$13,773
May 200903,66054.743.93$14,368
Apr 20091853,66546.773.59$21,801
Mar 200913,70842.144.06$15,093
Feb 200963,46032.814.63$16,227
Jan 200994,09735.865.37$22,328
Dec 20081873,73937.105.98$29,286
Nov 200843,93455.496.86$27,211
Oct 200843,30675.246.92$23,185
Sep 200804,234101.767.88$33,352
Aug 200834,567114.228.48$39,085
Jul 20081744,254131.0811.39$71,259
Jun 200882,879131.3313.03$38,572
May 200853,936123.1711.57$46,172
Apr 200853,769110.3110.45$39,956
Mar 20081804,672101.909.66$63,493
Feb 200863,37392.538.77$30,138
Jan 200881,36090.388.21$11,883
Dec 2007159388.337.30$2,004
Nov 20071044991.677.29$4,191
Oct 200753,77782.856.92$26,559
Sep 20071854,03575.846.24$39,226
Aug 200713,63169.066.39$23,264
Jul 200714,28870.906.39$27,462
Jun 20071824,47062.007.55$45,026
May 200705,07358.747.85$39,804
Apr 200725,88059.617.81$46,014
Mar 2007577056.927.30$5,907
Feb 200721,69155.108.22$14,003
Jan 20071983,05850.306.73$30,530
Dec 200604,16556.656.92$28,815
Nov 200603,39554.207.62$25,861
Oct 20061794,55054.906.01$37,190
Sep 200614,26860.085.04$21,559
Aug 20061844,92168.717.34$48,762
Jul 200605,77569.376.34$36,629
Jun 20061804,78666.286.38$42,484
May 200604,80066.016.42$30,840
Apr 20061877,72064.397.36$68,864
Mar 200647,62456.707.08$54,227
Feb 20061837,67457.597.75$70,021
Jan 200649,54260.598.93$85,484
Dec 200517811,14454.9413.42$159,281
Nov 200518911,27954.6910.59$129,763
Oct 200533413,70358.3413.80$208,529
Sep 200534218,03261.4512.08$238,824
Aug 200528232,39161.519.80$334,675
Jul 2005111255.697.84$707

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 2018 — as filed, then multipliedworked
Condensate            20 bbl  × $ 61.22 =     $1,224
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                   $1,224

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/213670 is the state's own key, not one this site invented.