COBRA #1

Operated by SABINE ENERGY INC. (P-5 103925) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 217370District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$12 k
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112006-08-21167098
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
CondensateDisposition2,484 bbl$186,671
GasProduction745,172 Mcf$4,632,194
Total$4,818,865

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 32.0897, -94.7129. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08969, -94.71288 · 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
10,935 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 10,935 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-401336711110,935 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 20260258106.413.05$786
Apr 2026026198.932.87$749
Mar 2026026189.753.15$822
Feb 2026022563.503.75$844
Jan 2026025659.138.00$2,047
Dec 2025027056.664.41$1,192
Nov 2025026658.593.93$1,044
Oct 2025027059.383.30$892
Sep 2025026062.743.08$800
Aug 2025027663.933.01$832
Jul 2025027166.743.32$898
Jun 2025026466.483.13$826
May 2025028060.553.23$905
Apr 2025027762.363.54$981
Mar 2025028267.704.27$1,204
Feb 2025025570.884.34$1,107
Jan 2025027174.324.28$1,160
Dec 2024025868.993.12$805
Nov 2024027569.052.20$605
Oct 2024027571.372.28$627
Sep 2024028469.612.36$671
Aug 2024029875.632.06$615
Jul 2024030879.932.15$661
Jun 2024028778.082.63$756
May 2024041278.812.20$906
Apr 2024029384.451.66$486
Mar 2024030180.301.55$465
Feb 2024027476.091.78$489
Jan 2024027473.023.30$904
Dec 2023025871.262.61$674
Nov 2023026777.892.81$750
Oct 2023029585.443.09$911
Sep 2023032089.042.74$875
Aug 2023027580.522.67$735
Jul 2023029674.852.64$782
Jun 2023029368.962.26$662
May 2023034570.622.23$768
Apr 2023044978.122.24$1,005
Mar 2023032272.852.39$771
Feb 2023029675.112.47$730
Jan 2023035176.533.39$1,189
Dec 2022034276.415.73$1,959
Nov 2022036485.005.65$2,055
Oct 2022037387.185.86$2,187
Sep 2022039584.888.16$3,225
Aug 2022048994.529.13$4,463
Jul 20220527101.587.54$3,975
Jun 20220708115.097.98$5,648
May 20220735109.378.43$6,198
Apr 20220902104.226.84$6,168
Mar 20220999108.885.08$5,071
Feb 2022085491.054.86$4,149
Jan 2022097181.844.54$4,406
Dec 2021097071.323.90$3,782
Nov 2021081577.435.24$4,268
Oct 2021078979.795.71$4,508
Sep 2021075269.865.35$4,024
Aug 2021073366.024.22$3,094
Jul 2021071070.783.98$2,827
Jun 2021076369.493.38$2,579
May 2021093463.483.02$2,819
Apr 2021074660.362.76$2,058
Mar 2021087761.302.72$2,383
Feb 2021050557.805.55$2,802
Jan 202101,00450.412.81$2,822
Dec 202001,13144.642.68$3,026
Nov 202001,22638.772.71$3,318
Oct 202001,44136.972.48$3,571
Sep 2020064437.091.99$1,282
Aug 2020059539.982.39$1,419
Jul 2020052738.371.83$962
Jun 2020046934.901.69$793
May 2020054516.921.81$989
Apr 2020085114.751.80$1,536
Mar 202001,18430.341.86$2,198
Feb 202001,11149.881.98$2,201
Jan 202001,43357.252.09$3,002
Dec 201901,17459.012.30$2,705
Nov 201901,28255.302.75$3,526
Oct 2019085353.472.42$2,063
Sep 201901,30855.052.66$3,476
Aug 201901,05453.112.30$2,429
Jul 201901,31256.272.46$3,228
Jun 2019082452.782.49$2,053
May 2019053658.482.74$1,469
Apr 2019068662.632.75$1,887
Mar 201901,08156.803.06$3,310
Feb 201901,33150.852.79$3,716
Jan 201901,41446.033.23$4,565
Dec 201801,36846.594.19$5,726
Nov 201801,17952.934.24$4,996
Oct 201801,13761.443.40$3,864
Sep 201801,21159.543.11$3,764
Aug 201801,39759.403.07$4,284
Jul 201801,35965.142.93$3,984
Jun 201801,23960.183.08$3,812
May 201801,17665.382.90$3,411
Apr 2018084563.842.90$2,451
Mar 2018090261.222.79$2,514
Feb 201801,02261.782.77$2,827
Jan 2018261,21762.874.01$6,514
Dec 20171221,18457.272.92$10,446
Nov 20171051,29555.423.12$9,857
Oct 2017831,39049.292.98$8,238
Sep 2017781,44647.523.09$8,171
Aug 2017371,59445.373.00$6,468
Jul 2017672,00843.873.09$9,139
Jun 201701,37442.493.09$4,242
May 201701,53045.373.26$4,993
Apr 201701,42247.933.21$4,567
Mar 201701,48446.772.98$4,428
Feb 201701,37850.452.95$4,069
Jan 201701,56349.413.42$5,344
Dec 201601,14748.763.72$4,270
Nov 201611,41242.492.64$3,776
Oct 201631,55246.193.09$4,935
Sep 201601,55141.553.10$4,809
Aug 201601,59241.442.92$4,656
Jul 201601,51241.622.92$4,422
Jun 201601,48945.352.69$3,999
May 201601,73742.521.99$3,458
Apr 201621,71036.561.99$3,478
Mar 2016131,81233.011.79$3,680
Feb 201601,71226.472.06$3,533
Jan 201601,87827.352.36$4,440
Dec 201501,82532.362.00$3,653
Nov 201501,84038.792.17$3,988
Oct 201501,85743.552.43$4,506
Sep 201501,72342.992.76$4,753
Aug 201501,86040.162.87$5,343
Jul 201501,81348.152.95$5,339
Jun 201501,75556.152.88$5,059
May 201501,77655.212.96$5,249
Apr 201501,91049.822.71$5,170
Mar 201501,93942.892.93$5,690
Feb 201501,82144.662.98$5,420
Jan 201501,82443.433.10$5,656
Dec 201401,90954.693.59$6,856
Nov 201401,98670.464.25$8,444
Oct 201402,02978.303.90$7,915
Sep 201401,98586.164.05$8,030
Aug 201401,96289.394.04$7,917
Jul 201401,86496.564.18$7,791
Jun 201401,90598.164.74$9,024
May 201402,05094.734.73$9,689
Apr 201422,06695.944.81$10,128
Mar 201462,34495.895.06$12,428
Feb 201401,79797.406.19$11,127
Jan 2014392,11990.404.86$13,825
Dec 20131162,08291.824.35$19,717
Nov 20131512,05088.853.74$21,080
Oct 20131002,12997.423.78$17,788
Sep 2013332,035104.113.72$11,001
Aug 2013202,313104.253.52$10,233
Jul 201302,420102.523.72$8,997
Jun 201302,22794.403.93$8,760
May 201302,37394.834.15$9,846
Apr 201302,31993.964.28$9,931
Mar 201302,41593.623.91$9,450
Feb 201302,20191.233.42$7,527
Jan 201302,44991.603.42$8,375
Dec 201202,51586.773.42$8,602
Nov 201202,48986.953.62$9,023
Oct 201202,53989.383.40$8,632
Sep 201202,46494.672.92$7,191
Aug 201202,56592.662.91$7,459
Jul 2012162,59385.133.02$9,195
Jun 201272,28779.822.52$6,320
May 2012342,42391.612.49$9,144
Apr 2012172,461101.652.00$6,642
Mar 2012152,667105.052.22$7,502
Feb 2012182,394101.102.57$7,973
Jan 2012352,79298.092.73$11,067
Dec 2011692,84996.873.24$15,914
Nov 2011223,16895.723.31$12,596
Oct 201103,34484.983.65$12,201
Sep 2011403,10683.623.99$15,725
Aug 2011243,00483.404.15$14,466
Jul 2011143,00894.144.52$14,906
Jun 2011202,81592.904.64$14,919
May 201183,13098.134.40$14,572
Apr 2011193,041105.964.33$15,191
Mar 2011193,19496.364.06$14,790
Feb 2011212,92885.644.18$14,037
Jan 2011243,41186.504.59$17,728
Dec 2010353,61085.734.35$18,696
Nov 2010153,53780.843.80$14,637
Oct 2010343,41978.103.51$14,652
Sep 201083,30172.633.98$13,717
Aug 2010493,52873.684.42$19,202
Jul 201083,61672.554.74$17,708
Jun 2010123,42270.364.91$17,648
May 2010103,67671.124.24$16,280
Apr 2010123,70281.694.12$16,242
Mar 2010183,80978.394.39$18,127
Feb 2010123,48373.585.44$19,839
Jan 2010143,92074.365.96$24,420
Dec 2009143,91971.445.48$22,491
Nov 2009113,86974.593.75$15,335
Oct 2009134,01572.544.11$17,446
Sep 2009213,95065.543.06$13,482
Aug 2009134,16867.423.22$14,291
Jul 2009154,79661.133.46$17,533
Jun 2009144,71966.163.90$19,307
May 2009145,00154.743.93$20,399
Apr 2009164,95246.773.59$18,514
Mar 2009175,51442.144.06$23,098
Feb 2009114,90332.814.63$23,077
Jan 2009165,54435.865.37$30,351
Dec 2008205,70537.105.98$34,842
Nov 2008145,65655.496.86$39,579
Oct 2008166,01575.246.92$42,840
Sep 2008175,591101.767.88$45,771
Aug 2008206,310114.228.48$55,812
Jul 2008155,792131.0811.39$67,934
Jun 2008175,522131.3313.03$74,199
May 2008145,821123.1711.57$69,098
Apr 2008145,798110.3110.45$62,162
Mar 2008146,136101.909.66$60,725
Feb 2008225,92592.538.77$54,001
Jan 200896,41490.388.21$53,445
Dec 2007126,51688.337.30$48,640
Nov 200786,55791.677.29$48,545
Oct 2007306,89082.856.92$50,178
Sep 2007206,75575.846.24$43,696
Aug 2007297,12069.066.39$47,485
Jul 2007177,43770.906.39$48,712
Jun 2007187,39062.007.55$56,899
May 20070058.747.85$0
Apr 2007177,89359.617.81$62,620
Mar 2007248,37456.927.30$62,513
Feb 2007247,88755.108.22$66,122
Jan 2007229,06650.306.73$62,092
Dec 2006199,41556.656.92$66,213
Nov 2006299,57154.207.62$74,479
Oct 20063110,51054.906.01$64,907
Sep 20064410,93460.085.04$57,720
Aug 20064611,84068.717.34$90,065
Jul 20063512,84369.376.34$83,888
Jun 20063712,76066.286.38$83,911
May 2006015,15566.016.42$97,371
Apr 2006016,42864.397.36$120,918
Mar 2006019,04156.707.08$134,866
Feb 2006020,20457.597.75$156,604
Jan 2006228,08960.598.93$251,049
Dec 2005037,26054.9413.42$499,858
Nov 2005036,11854.6910.59$382,432

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                  258 Mcf  × $  3.05 =       $786

────────────────────────────────────────────────────
Month total                                     $786

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/217370 is the state's own key, not one this site invented.