WELCH GAS UNIT

Operated by SABINE ENERGY INC. (P-5 103925) 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 214708District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Aug 2005 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
250
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 Gas112006-05-22165607
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
CondensateDisposition2,779 bbl$191,472
GasProduction459,980 Mcf$2,735,088
Total$2,926,560

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 32.4695, -94.5471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46955, -94.54714 · 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
10,690 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 10,690 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-20333192110,690 ftAug 2005

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 (250)

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

250 months

May 20260740106.413.05$2,254
Apr 202601,01298.932.87$2,904
Mar 202601,42889.753.15$4,497
Feb 202601,00463.503.75$3,765
Jan 2026197259.138.00$7,833
Dec 202502,06556.664.41$9,114
Nov 202502,01858.593.93$7,924
Oct 202501,46859.383.30$4,852
Sep 2025039462.743.08$1,212
Aug 202511,07963.933.01$3,317
Jul 2025094766.743.32$3,139
Jun 202511,21966.483.13$3,880
May 202501,26260.553.23$4,079
Apr 202501,07862.363.54$3,819
Mar 202521,24867.704.27$5,462
Feb 202501,08970.884.34$4,727
Jan 2025098874.324.28$4,227
Dec 202401,30268.993.12$4,064
Nov 202411,25969.052.20$2,837
Oct 202411,35971.372.28$3,172
Sep 202401,49569.612.36$3,535
Aug 202411,44075.632.06$3,047
Jul 202411,17879.932.15$2,609
Jun 202401,25478.082.63$3,303
May 202411,43378.812.20$3,229
Apr 202401,32284.451.66$2,193
Mar 202401,49980.301.55$2,316
Feb 2024060776.091.78$1,083
Jan 2024166073.023.30$2,249
Dec 2023071471.262.61$1,864
Nov 2023092877.892.81$2,605
Oct 2023083785.443.09$2,584
Sep 2023030889.042.74$842
Aug 2023034680.522.67$925
Jul 2023032074.852.64$845
Jun 2023050468.962.26$1,138
May 2023081170.622.23$1,806
Apr 2023181978.122.24$1,449
Mar 2023028572.852.39$682
Feb 2023029275.112.47$720
Jan 2023035876.533.39$1,213
Dec 2022045976.415.73$2,630
Nov 202209685.005.65$542
Oct 2022032487.185.86$1,900
Sep 2022031484.888.16$2,563
Aug 2022031394.529.13$2,857
Jul 20220322101.587.54$2,429
Jun 20220329115.097.98$2,625
May 20220364109.378.43$3,070
Apr 20220341104.226.84$2,332
Mar 20220376108.885.08$1,909
Feb 2022031591.054.86$1,531
Jan 2022038481.844.54$1,742
Dec 2021040771.323.90$1,587
Nov 2021053877.435.24$2,817
Oct 2021058779.795.71$3,354
Sep 2021039069.865.35$2,087
Aug 2021042566.024.22$1,794
Jul 2021047370.783.98$1,884
Jun 2021048869.493.38$1,650
May 2021054963.483.02$1,657
Apr 2021047860.362.76$1,319
Mar 2021055461.302.72$1,505
Feb 2021046457.805.55$2,574
Jan 2021082150.412.81$2,307
Dec 2020094144.642.68$2,518
Nov 2020047138.772.71$1,275
Oct 2020081736.972.48$2,025
Sep 2020043737.091.99$870
Aug 2020066439.982.39$1,584
Jul 2020084838.371.83$1,548
Jun 2020066634.901.69$1,126
May 2020197916.921.81$1,794
Apr 202001,01614.751.80$1,833
Mar 2020051030.341.86$947
Feb 2020057249.881.98$1,133
Jan 2020061957.252.09$1,297
Dec 2019067659.012.30$1,558
Nov 2019065355.302.75$1,796
Oct 2019063653.472.42$1,538
Sep 2019069455.052.66$1,844
Aug 2019078953.112.30$1,818
Jul 201901,33756.272.46$3,289
Jun 2019055552.782.49$1,383
May 2019065658.482.74$1,798
Apr 2019064362.632.75$1,769
Mar 2019067756.803.06$2,073
Feb 2019055050.852.79$1,536
Jan 2019073746.033.23$2,379
Dec 2018072846.594.19$3,047
Nov 2018081352.934.24$3,445
Oct 2018198261.443.40$3,398
Sep 2018288959.543.11$2,882
Aug 2018281259.403.07$2,609
Jul 2018091065.142.93$2,668
Jun 201801,02560.183.08$3,154
May 2018199665.382.90$2,955
Apr 2018091063.842.90$2,640
Mar 201801,09561.222.79$3,052
Feb 2018198961.782.77$2,797
Jan 201811,20862.874.01$4,906
Dec 201711,22957.272.92$3,648
Nov 201701,19155.423.12$3,714
Oct 201701,21649.292.98$3,628
Sep 201701,19247.523.09$3,680
Aug 201711,34745.373.00$4,092
Jul 201701,31143.873.09$4,047
Jun 201711,03542.493.09$3,238
May 201711,24345.373.26$4,102
Apr 20171781,18847.933.21$12,347
Mar 201701,19946.772.98$3,577
Feb 201701,08850.452.95$3,212
Jan 201701,19249.413.42$4,075
Dec 201601,20148.763.72$4,471
Nov 201611,19442.492.64$3,200
Oct 201601,24746.193.09$3,854
Sep 201621,22741.553.10$3,888
Aug 201601,25341.442.92$3,664
Jul 201611,27141.622.92$3,758
Jun 201601,17945.352.69$3,167
May 201621,27942.521.99$2,632
Apr 201671,29136.561.99$2,826
Mar 201601,35433.011.79$2,429
Feb 201601,28426.472.06$2,650
Jan 201601,35527.352.36$3,204
Dec 201501,23432.362.00$2,470
Nov 201501,47738.792.17$3,201
Oct 201501,44443.552.43$3,504
Sep 201501,66242.992.76$4,584
Aug 201501,76440.162.87$5,067
Jul 201501,80448.152.95$5,313
Jun 201501,72556.152.88$4,973
May 201501,75355.212.96$5,181
Apr 201521,71149.822.71$4,731
Mar 201501,88242.892.93$5,523
Feb 201501,65144.662.98$4,914
Jan 201501,84843.433.10$5,730
Dec 20141711,90454.693.59$16,190
Nov 201401,73670.464.25$7,381
Oct 201411,70078.303.90$6,710
Sep 201411,54086.164.05$6,316
Aug 201411,62389.394.04$6,638
Jul 201411,48296.564.18$6,291
Jun 201411,37398.164.74$6,602
May 201411,33194.734.73$6,386
Apr 201411,13795.944.81$5,564
Mar 201411,22595.895.06$6,290
Feb 201401,15697.406.19$7,158
Jan 201411,30790.404.86$6,443
Dec 201301,38991.824.35$6,048
Nov 201301,33188.853.74$4,976
Oct 201311,35497.423.78$5,215
Sep 2013981,258104.113.72$14,880
Aug 201301,369104.253.52$4,822
Jul 201311,242102.523.72$4,720
Jun 201311,11594.403.93$4,480
May 201301,07094.834.15$4,440
Apr 201311,24993.964.28$5,443
Mar 201301,33993.623.91$5,239
Feb 201311,22591.233.42$4,281
Jan 201311,29091.603.42$4,503
Dec 201211,19186.773.42$4,160
Nov 201201,33886.953.62$4,850
Oct 20121561,31489.383.40$18,410
Sep 201211,25794.672.92$3,763
Aug 201211,36492.662.91$4,059
Jul 201201,31485.133.02$3,969
Jun 201201,34179.822.52$3,378
May 201201,25791.612.49$3,128
Apr 201221,232101.652.00$2,663
Mar 201221,456105.052.22$3,445
Feb 2012221,404101.102.57$5,833
Jan 201201,47398.092.73$4,027
Dec 201101,39296.873.24$4,510
Nov 201101,52695.723.31$5,053
Oct 201101,65384.983.65$6,031
Sep 201101,54283.623.99$6,146
Aug 20111861,80083.404.15$22,981
Jul 201101,83094.144.52$8,267
Jun 201101,80892.904.64$8,389
May 201101,87498.134.40$8,255
Apr 201101,862105.964.33$8,069
Mar 201101,88996.364.06$7,664
Feb 201101,70685.644.18$7,131
Jan 201101,74286.504.59$7,994
Dec 201001,68885.734.35$7,339
Nov 201001,79980.843.80$6,828
Oct 201001,89778.103.51$6,656
Sep 201002,05772.633.98$8,186
Aug 201002,04673.684.42$9,042
Jul 20101962,12472.554.74$24,280
Jun 201002,16870.364.91$10,646
May 201002,16971.124.24$9,186
Apr 201002,11281.694.12$8,707
Mar 201002,20078.394.39$9,655
Feb 201002,07373.585.44$11,282
Jan 201002,28574.365.96$13,628
Dec 200902,22471.445.48$12,196
Nov 200902,28374.593.75$8,565
Oct 200902,27972.544.11$9,367
Sep 200902,20265.543.06$6,749
Aug 200902,03667.423.22$6,553
Jul 200901,88261.133.46$6,520
Jun 20091901,88866.163.90$19,924
May 200902,12454.743.93$8,338
Apr 200901,80846.773.59$6,486
Mar 200902,19442.144.06$8,905
Feb 200902,12332.814.63$9,836
Jan 200902,44535.865.37$13,132
Dec 200802,49537.105.98$14,913
Nov 200802,51055.496.86$17,220
Oct 20081862,47375.246.92$31,113
Sep 200802,284101.767.88$17,991
Aug 200802,299114.228.48$19,502
Jul 200802,404131.0811.39$27,380
Jun 200802,311131.3313.03$30,118
May 200802,568123.1711.57$29,723
Apr 200802,488110.3110.45$26,012
Mar 200802,616101.909.66$25,281
Feb 200802,96492.538.77$25,996
Jan 200802,64790.388.21$21,721
Dec 200702,93388.337.30$21,417
Nov 20071812,94191.677.29$38,037
Oct 200702,89282.856.92$20,018
Sep 200703,03975.846.24$18,976
Aug 200703,20169.066.39$20,448
Jul 200703,56370.906.39$22,760
Jun 200703,09162.007.55$23,332
May 200704,11058.747.85$32,248
Apr 200703,90259.617.81$30,456
Mar 200704,03056.927.30$29,427
Feb 20071763,62455.108.22$39,472
Jan 200704,07650.306.73$27,419
Dec 200604,91656.656.92$34,011
Nov 200605,32154.207.62$40,533
Oct 200604,67854.906.01$28,133
Sep 200605,41360.085.04$27,266
Aug 2006125,77068.717.34$43,176
Jul 20061935,64669.376.34$49,200
Jun 200685,99766.286.38$38,814
May 20061696,62266.016.42$53,702
Apr 2006137,27864.397.36$54,407
Mar 2006178,19456.707.08$59,001
Feb 200607,67357.597.75$59,474
Jan 200608,83860.598.93$78,953
Dec 20051678,41154.9413.42$122,012
Nov 200518110,34054.6910.59$119,383
Oct 2005012,91058.3413.80$178,103
Sep 200520014,77861.4512.08$190,793
Aug 2005017,64561.519.80$172,865

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  740 Mcf  × $  3.05 =     $2,254

────────────────────────────────────────────────────
Month total                                   $2,254

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/214708 is the state's own key, not one this site invented.