PRIOR GU

Operated by SABINE OIL & GAS LLC (P-5 742142) 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 218559District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$829 k
Feb 2006 – Jan 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
108
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 Gas112006-12-07171639
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
CondensateDisposition236 bbl$17,507
GasProduction141,354 Mcf$811,853
Total$829,360

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 32.1376, -94.6959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13762, -94.69586 · 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
10,800 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 10,800 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-40133758310,800 ftSep 2013Yes

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 (108)

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

108 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201463070.464.25$4,439
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20130848104.253.52$2,987
Jul 20130918102.523.72$3,413
Jun 2013090694.403.93$3,564
May 201301,23894.834.15$5,137
Apr 201301,32293.964.28$5,662
Mar 201301,47793.623.91$5,779
Feb 201301,46191.233.42$4,996
Jan 201301,87991.603.42$6,426
Dec 201201,99686.773.42$6,827
Nov 201202,31286.953.62$8,381
Oct 201202,88289.383.40$9,798
Sep 201202,41094.672.92$7,033
Aug 201201,91492.662.91$5,566
Jul 201201,53185.133.02$4,625
Jun 201201,25979.822.52$3,171
May 201201,37191.612.49$3,411
Apr 201201,308101.652.00$2,612
Mar 201201,617105.052.22$3,593
Feb 201201,388101.102.57$3,567
Jan 201201,49098.092.73$4,074
Dec 201101,09996.873.24$3,560
Nov 20111191095.723.31$4,066
Oct 2011072584.983.65$2,645
Sep 2011069383.623.99$2,762
Aug 2011079983.404.15$3,315
Jul 20114494494.144.52$8,406
Jun 2011085492.904.64$3,962
May 2011098198.134.40$4,321
Apr 201101,053105.964.33$4,563
Mar 201101,11896.364.06$4,536
Feb 201101,02085.644.18$4,264
Jan 201101,19786.504.59$5,493
Dec 2010082385.734.35$3,578
Nov 2010086380.843.80$3,275
Oct 2010090578.103.51$3,176
Sep 2010097472.633.98$3,876
Aug 2010070973.684.42$3,133
Jul 201001,09972.554.74$5,205
Jun 2010073170.364.91$3,590
May 2010089771.124.24$3,799
Apr 2010089481.694.12$3,686
Mar 2010098678.394.39$4,327
Feb 2010083473.585.44$4,539
Jan 201001,21174.365.96$7,223
Dec 2009057071.445.48$3,126
Nov 2009074274.593.75$2,784
Oct 2009088972.544.11$3,654
Sep 2009090465.543.06$2,771
Aug 2009087767.423.22$2,823
Jul 200901,22461.133.46$4,241
Jun 2009073766.163.90$2,871
May 2009091654.743.93$3,596
Apr 2009080246.773.59$2,877
Mar 200901,16742.144.06$4,737
Feb 2009083632.814.63$3,873
Jan 200901,57335.865.37$8,449
Dec 20085281137.105.98$6,777
Nov 2008085855.496.86$5,886
Oct 200801,32475.246.92$9,165
Sep 20080769101.767.88$6,057
Aug 20080885114.228.48$7,507
Jul 200801,285131.0811.39$14,635
Jun 200801,504131.3313.03$19,601
May 200801,600123.1711.57$18,519
Apr 200801,713110.3110.45$17,909
Mar 200801,015101.909.66$9,809
Feb 2008066492.538.77$5,824
Jan 20086589390.388.21$13,202
Dec 2007010588.337.30$767
Nov 2007070691.677.29$5,148
Oct 2007057182.856.92$3,952
Sep 2007081675.846.24$5,095
Aug 200701,02969.066.39$6,573
Jul 200703,70370.906.39$23,655
Jun 200703,81362.007.55$28,782
May 200707,81158.747.85$61,287
Apr 200702,82459.617.81$22,042
Mar 200701,86556.927.30$13,618
Feb 200701,43355.108.22$11,774
Jan 200701,67450.306.73$11,261
Dec 200602,24356.656.92$15,518
Nov 200604,71654.207.62$35,924
Oct 200606,33354.906.01$38,085
Sep 200603,49260.085.04$17,590
Aug 200602,77968.717.34$20,398
Jul 200612,41169.376.34$15,362
Jun 200602,66166.286.38$16,988
May 200601,55566.016.42$9,991
Apr 200601,61264.397.36$11,865
Mar 200602,33956.707.08$16,567
Feb 200606,45957.597.75$50,064

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.

Nov 2014 — as filed, then multipliedworked
Condensate            63 bbl  × $ 70.46 =     $4,439
Gas                    0 Mcf  × $  4.25 =         $0

────────────────────────────────────────────────────
Month total                                   $4,439

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/218559 is the state's own key, not one this site invented.