LAKE GAS UNIT 1

Operated by SABINE ENERGY INC. (P-5 103925) 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 214924District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Sep 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
249
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 Gas112007-03-06173419
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
CondensateDisposition5,706 bbl$408,940
GasProduction403,778 Mcf$2,872,290
Total$3,281,231

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 32.1322, -94.8782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13218, -94.87825 · 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
11,250 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 11,250 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-40133615311,250 ftSep 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 (249)

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

249 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 201905158.482.74$140
Apr 201901262.632.75$33
Mar 201901756.803.06$52
Feb 201914450.852.79$174
Jan 201905546.033.23$178
Dec 201808246.594.19$343
Nov 201805552.934.24$233
Oct 201806861.443.40$231
Sep 201804059.543.11$124
Aug 201803759.403.07$113
Jul 201808865.142.93$258
Jun 2018014060.183.08$431
May 2018013465.382.90$389
Apr 2018012963.842.90$374
Mar 2018014261.222.79$396
Feb 2018022761.782.77$628
Jan 2018015762.874.01$629
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017014047.523.09$432
Aug 2017032145.373.00$964
Jul 20170043.873.09$0
Jun 2017019142.493.09$590
May 2017024845.373.26$809
Apr 2017021247.933.21$681
Mar 2017025946.772.98$773
Feb 2017023350.452.95$688
Jan 2017028649.413.42$978
Dec 2016033948.763.72$1,262
Nov 2016039042.492.64$1,031
Oct 2016053346.193.09$1,647
Sep 2016066841.553.10$2,071
Aug 2016074241.442.92$2,170
Jul 201617870341.622.92$9,464
Jun 2016080045.352.69$2,149
May 2016087242.521.99$1,736
Apr 2016085936.561.99$1,710
Mar 2016090333.011.79$1,620
Feb 201601,01826.472.06$2,101
Jan 2016090027.352.36$2,128
Dec 2015023732.362.00$474
Nov 2015063938.792.17$1,385
Oct 2015064943.552.43$1,575
Sep 2015066442.992.76$1,832
Aug 2015076640.162.87$2,200
Jul 2015082048.152.95$2,415
Jun 2015080856.152.88$2,329
May 2015094155.212.96$2,781
Apr 2015097349.822.71$2,633
Mar 2015096942.892.93$2,844
Feb 2015084744.662.98$2,521
Jan 201501,02843.433.10$3,187
Dec 2014091654.693.59$3,290
Nov 2014097570.464.25$4,146
Oct 201401,00078.303.90$3,901
Sep 2014086986.164.05$3,515
Aug 2014074789.394.04$3,014
Jul 2014037196.564.18$1,551
Jun 2014047298.164.74$2,236
May 2014334394.734.73$1,905
Apr 20143941995.944.81$5,757
Mar 2014051695.895.06$2,609
Feb 2014019397.406.19$1,195
Jan 201402290.404.86$107
Dec 20131891.824.35$127
Nov 201310711988.853.74$9,952
Oct 20132129797.423.78$3,168
Sep 20130284104.113.72$1,056
Aug 20130437104.253.52$1,539
Jul 20130316102.523.72$1,175
Jun 2013031394.403.93$1,231
May 2013029894.834.15$1,236
Apr 2013032193.964.28$1,375
Mar 2013029493.623.91$1,150
Feb 20130091.233.42$0
Jan 2013032991.603.42$1,125
Dec 20121922,09286.773.42$23,815
Nov 201202,29286.953.62$8,308
Oct 201272,06389.383.40$7,639
Sep 201282,25494.672.92$7,335
Aug 201232,01892.662.91$6,147
Jul 201202,21085.133.02$6,676
Jun 201202,12879.822.52$5,361
May 20121612,34991.612.49$20,594
Apr 201222,254101.652.00$4,704
Mar 2012212,332105.052.22$7,388
Feb 2012322,293101.102.57$9,129
Jan 201272,61598.092.73$7,836
Dec 201102,39396.873.24$7,753
Nov 20111832,49095.723.31$25,762
Oct 201152,57084.983.65$9,802
Sep 201112,53083.623.99$10,168
Aug 201102,67483.404.15$11,095
Jul 201112,71794.144.52$12,367
Jun 201152,69792.904.64$12,978
May 201102,78498.134.40$12,263
Apr 20111832,746105.964.33$31,290
Mar 201112,72496.364.06$11,149
Feb 201122,31285.644.18$9,835
Jan 201102,84786.504.59$13,064
Dec 20101642,88885.734.35$26,616
Nov 201052,78480.843.80$10,970
Oct 201002,94278.103.51$10,323
Sep 201002,99472.633.98$11,915
Aug 201003,08173.684.42$13,616
Jul 201072,89372.554.74$14,211
Jun 201003,02270.364.91$14,839
May 20101893,17171.124.24$26,872
Apr 201083,11181.694.12$13,479
Mar 201023,23078.394.39$14,332
Feb 201033,01973.585.44$16,651
Jan 201023,34574.365.96$20,099
Dec 200933,43271.445.48$19,035
Nov 20091783,39174.593.75$25,998
Oct 200943,47772.544.11$14,582
Sep 200933,69165.543.06$11,509
Aug 200913,08567.423.22$9,996
Jul 20091823,62161.133.46$23,671
Jun 200953,55166.163.90$14,162
May 200923,73954.743.93$14,788
Apr 200923,51746.773.59$12,711
Mar 20091633,56442.144.06$21,335
Feb 200923,80632.814.63$17,699
Jan 200942,60935.865.37$14,156
Dec 200843,59737.105.98$21,648
Nov 20081823,80055.496.86$36,169
Oct 200853,86275.246.92$27,109
Sep 200803,957101.767.88$31,170
Aug 200854,033114.228.48$34,783
Jul 200824,320131.0811.39$49,465
Jun 20081834,496131.3313.03$82,628
May 200863,884123.1711.57$45,694
Apr 200854,782110.3110.45$50,547
Mar 20081844,659101.909.66$63,775
Feb 200864,37192.538.77$38,891
Jan 20081863,31690.388.21$44,021
Dec 200792,82488.337.30$21,416
Nov 2007142,42391.677.29$18,951
Oct 200773,93482.856.92$27,811
Sep 20071932,89275.846.24$32,695
Aug 200783,12869.066.39$20,534
Jul 200773,14370.906.39$20,574
Jun 20071923,20962.007.55$36,127
May 200702,95258.747.85$23,162
Apr 200712,87159.617.81$22,468
Mar 2007123,79856.927.30$28,416
Feb 2007031155.108.22$2,555
Jan 200741,58350.306.73$10,850
Dec 200603,61956.656.92$25,038
Nov 20061822,71454.207.62$30,538
Oct 2006143,75454.906.01$23,344
Sep 200624,06760.085.04$20,606
Aug 20061814,26068.717.34$43,705
Jul 200604,83669.376.34$30,674
Jun 200604,66366.286.38$29,768
May 20061836,86566.016.42$56,187
Apr 200646,00764.397.36$44,472
Mar 20061868,35456.707.08$69,717
Feb 20061869,31557.597.75$82,913
Jan 2006512,00460.598.93$107,539
Dec 200537314,38354.9413.42$213,446
Nov 200517916,18454.6910.59$181,152
Oct 200537222,29558.3413.80$329,279
Sep 200553130,67161.4512.08$403,105

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 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.48 =         $0
Gas                   51 Mcf  × $  2.74 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/214924 is the state's own key, not one this site invented.