WALLACE, J GU

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 216512District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Nov 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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 Gas112006-08-21169790
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
CondensateDisposition4,732 bbl$317,987
GasProduction331,500 Mcf$2,287,479
Total$2,605,466

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 32.1550, -94.8694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15503, -94.86939 · 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
11,200 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 11,200 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-40133644311,200 ftNov 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 (247)

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

247 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 202369085.443.09$5,895
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 202306875.112.47$168
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 202205108.885.08$25
Feb 20220091.054.86$0
Jan 2022028781.844.54$1,302
Dec 2021028271.323.90$1,100
Nov 2021128177.435.24$1,549
Oct 2021028179.795.71$1,606
Sep 2021030169.865.35$1,611
Aug 2021024066.024.22$1,013
Jul 20210070.783.98$0
Jun 2021033269.493.38$1,122
May 2021035863.483.02$1,080
Apr 2021012260.362.76$337
Mar 2021011361.302.72$307
Feb 20210057.805.55$0
Jan 2021013950.412.81$391
Dec 2020015244.642.68$407
Nov 2020014738.772.71$398
Oct 2020018236.972.48$451
Sep 2020012937.091.99$257
Aug 2020016239.982.39$386
Jul 202008338.371.83$151
Jun 2020013434.901.69$227
May 2020019816.921.81$359
Apr 2020011814.751.80$213
Mar 2020017430.341.86$323
Feb 2020152249.881.98$1,084
Jan 2020258457.252.09$1,338
Dec 2019060259.012.30$1,387
Nov 2019062955.302.75$1,730
Oct 2019048053.472.42$1,161
Sep 2019156455.052.66$1,554
Aug 2019061253.112.30$1,410
Jul 2019074256.272.46$1,825
Jun 2019071052.782.49$1,769
May 2019070158.482.74$1,921
Apr 2019051262.632.75$1,408
Mar 2019156456.803.06$1,784
Feb 2019151550.852.79$1,489
Jan 2019057146.033.23$1,843
Dec 2018355146.594.19$2,446
Nov 2018067252.934.24$2,847
Oct 2018178561.443.40$2,729
Sep 2018067559.543.11$2,098
Aug 2018069259.403.07$2,122
Jul 2018065065.142.93$1,906
Jun 2018059460.183.08$1,828
May 2018170265.382.90$2,102
Apr 2018162963.842.90$1,888
Mar 2018074261.222.79$2,068
Feb 2018068861.782.77$1,903
Jan 2018171862.874.01$2,942
Dec 2017157057.272.92$1,723
Nov 2017028855.423.12$898
Oct 2017028749.292.98$856
Sep 2017029147.523.09$898
Aug 2017032145.373.00$964
Jul 2017031643.873.09$976
Jun 2017044042.493.09$1,358
May 2017018945.373.26$617
Apr 2017038347.933.21$1,230
Mar 2017018446.772.98$549
Feb 2017031450.452.95$927
Jan 2017039149.413.42$1,337
Dec 2016050748.763.72$1,887
Nov 2016047442.492.64$1,253
Oct 2016043646.193.09$1,347
Sep 2016050841.553.10$1,575
Aug 2016073241.442.92$2,141
Jul 2016095341.622.92$2,787
Jun 2016091745.352.69$2,463
May 2016086342.521.99$1,718
Apr 2016084136.561.99$1,674
Mar 2016089233.011.79$1,600
Feb 2016080626.472.06$1,663
Jan 2016086927.352.36$2,055
Dec 201511586332.362.00$5,449
Nov 2015080838.792.17$1,751
Oct 2015088743.552.43$2,152
Sep 2015080742.992.76$2,226
Aug 2015085940.162.87$2,467
Jul 2015060548.152.95$1,782
Jun 2015083756.152.88$2,413
May 2015090955.212.96$2,687
Apr 2015080449.822.71$2,176
Mar 2015081642.892.93$2,395
Feb 2015063044.662.98$1,875
Jan 2015081343.433.10$2,521
Dec 2014084154.693.59$3,020
Nov 2014080870.464.25$3,435
Oct 2014090378.303.90$3,523
Sep 2014091986.164.05$3,718
Aug 2014089289.394.04$3,599
Jul 201401,07696.564.18$4,497
Jun 2014098698.164.74$4,671
May 2014099494.734.73$4,698
Apr 201417485995.944.81$20,825
Mar 2014071295.895.06$3,600
Feb 2014064297.406.19$3,975
Jan 2014077890.404.86$3,782
Dec 2013090891.824.35$3,954
Nov 2013099288.853.74$3,708
Oct 2013099397.423.78$3,753
Sep 20130834104.113.72$3,101
Aug 20130727104.253.52$2,561
Jul 20130621102.523.72$2,309
Jun 2013062694.403.93$2,462
May 2013069194.834.15$2,867
Apr 2013069593.964.28$2,976
Mar 2013059293.623.91$2,316
Feb 2013067291.233.42$2,298
Jan 2013064391.603.42$2,199
Dec 2012062886.773.42$2,148
Nov 2012068186.953.62$2,469
Oct 2012070189.383.40$2,383
Sep 2012074994.672.92$2,186
Aug 2012065892.662.91$1,914
Jul 2012075285.133.02$2,272
Jun 2012073079.822.52$1,839
May 2012082591.612.49$2,053
Apr 20120836101.652.00$1,669
Mar 2012115723105.052.22$13,687
Feb 20121859101.102.57$2,309
Jan 2012084398.092.73$2,305
Dec 2011094196.873.24$3,049
Nov 2011091295.723.31$3,020
Oct 2011079684.983.65$2,904
Sep 2011071283.623.99$2,838
Aug 201112885583.404.15$14,223
Jul 201101,70894.144.52$7,715
Jun 201101,11392.904.64$5,164
May 2011096498.134.40$4,246
Apr 20110965105.964.33$4,182
Mar 201101,14096.364.06$4,625
Feb 2011080085.644.18$3,344
Jan 201101,12686.504.59$5,167
Dec 201001,10985.734.35$4,822
Nov 201001,00180.843.80$3,799
Oct 201001,07778.103.51$3,779
Sep 201001,35472.633.98$5,388
Aug 201001,40873.684.42$6,222
Jul 201001,40072.554.74$6,631
Jun 20101791,43970.364.91$19,661
May 201001,64671.124.24$6,971
Apr 201001,64681.694.12$6,786
Mar 201001,75778.394.39$7,711
Feb 201001,42373.585.44$7,744
Jan 201001,30074.365.96$7,753
Dec 200901,38171.445.48$7,573
Nov 200901,27274.593.75$4,772
Oct 200901,95372.544.11$8,027
Sep 20091711,86465.543.06$16,920
Aug 200901,74567.423.22$5,616
Jul 200901,96561.133.46$6,808
Jun 200901,91266.163.90$7,447
May 200902,27754.743.93$8,939
Apr 200902,21846.773.59$7,957
Mar 200902,32942.144.06$9,453
Feb 20091701,40032.814.63$12,064
Jan 200902,65835.865.37$14,276
Dec 200802,61237.105.98$15,612
Nov 200802,47355.496.86$16,966
Oct 200802,71575.246.92$18,793
Sep 200802,082101.767.88$16,400
Aug 200803,427114.228.48$29,071
Jul 200803,337131.0811.39$38,007
Jun 200803,110131.3313.03$40,531
May 20081803,383123.1711.57$61,326
Apr 200803,061110.3110.45$32,002
Mar 200803,425101.909.66$33,099
Feb 20082043,13392.538.77$46,354
Jan 200803,42990.388.21$28,137
Dec 200703,65588.337.30$26,689
Nov 20071773,12891.677.29$39,034
Oct 200703,41882.856.92$23,659
Sep 20071873,37375.846.24$35,244
Aug 200703,49669.066.39$22,332
Jul 200703,73170.906.39$23,833
Jun 200703,70362.007.55$27,952
May 200703,46358.747.85$27,172
Apr 200702,61159.617.81$20,379
Mar 20071562,72156.927.30$28,748
Feb 200701,99055.108.22$16,350
Jan 200702,55950.306.73$17,214
Dec 20061483,41356.656.92$31,997
Nov 200603,73354.207.62$28,436
Oct 20061723,64554.906.01$31,363
Sep 200604,36960.085.04$22,008
Aug 20061874,33268.717.34$44,645
Jul 200604,52669.376.34$28,707
Jun 20061755,37366.286.38$45,900
May 20061846,61866.016.42$54,666
Apr 20061817,76164.397.36$68,779
Mar 20063229,42756.707.08$85,028
Feb 20061609,45857.597.75$82,524
Jan 200617315,74960.598.93$151,173
Dec 200553525,40154.9413.42$370,157
Nov 200545430,60154.6910.59$348,845

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.

Oct 2023 — as filed, then multipliedworked
Condensate            69 bbl  × $ 85.44 =     $5,895
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $5,895

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/216512 is the state's own key, not one this site invented.