COBRA #2

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 219385District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jan 2006 – Dec 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 Gas112007-05-07174707
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
CondensateDisposition5,244 bbl$284,896
GasProduction819,907 Mcf$4,516,929
Total$4,801,825

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 32.0845, -94.7100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08446, -94.70998 · 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
100.0%
1 of 1 wells
Median depth
10,950 ft
1 wells filed one
Completion to plug
19.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,950 ft.

Completions filed
Jan 2006
1 of 1 wells
Plug dates filed
Jan 2025
1 of 1 wells

Last completion to plug: a median of 19.0 years across the 1 well that filed both dates, with the middle half between 19.0 years and 19.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133762710,950 ftJan 2006Jan 2025Yes

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 (228)

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

228 months

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 2023010974.852.64$288
Jun 2023026068.962.26$587
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023052875.112.47$1,302
Jan 2023081876.533.39$2,771
Dec 2022026776.415.73$1,530
Nov 2022084885.005.65$4,788
Oct 2022085487.185.86$5,008
Sep 2022091984.888.16$7,502
Aug 202201,02394.529.13$9,337
Jul 20220861101.587.54$6,494
Jun 202201,056115.097.98$8,424
May 202201,119109.378.43$9,437
Apr 202201,160104.226.84$7,932
Mar 202201,286108.885.08$6,528
Feb 2022096791.054.86$4,699
Jan 202201,23081.844.54$5,581
Dec 202101,28471.323.90$5,006
Nov 202101,18577.435.24$6,206
Oct 202101,04279.795.71$5,954
Sep 202101,01669.865.35$5,437
Aug 202101,08466.024.22$4,575
Jul 202101,14470.783.98$4,556
Jun 202101,12669.493.38$3,807
May 202101,31863.483.02$3,977
Apr 202101,29760.362.76$3,578
Mar 202101,99561.302.72$5,420
Feb 2021176357.805.55$4,291
Jan 2021101,70150.412.81$5,284
Dec 202001,70444.642.68$4,559
Nov 202001,62938.772.71$4,409
Oct 202001,67136.972.48$4,141
Sep 202001,58437.091.99$3,154
Aug 2020761,61439.982.39$6,888
Jul 20202021,62638.371.83$10,718
Jun 20203611,62334.901.69$15,342
May 20203471,78016.921.81$9,102
Apr 20203571,86914.751.80$8,638
Mar 20203182,66230.341.86$14,589
Feb 20203832,10949.881.98$23,281
Jan 20201112,30157.252.09$11,175
Dec 201902,29259.012.30$5,282
Nov 201902,21755.302.75$6,098
Oct 201902,24653.472.42$5,432
Sep 201902,22155.052.66$5,902
Aug 201902,36353.112.30$5,445
Jul 201901,82256.272.46$4,482
Jun 201901,00352.782.49$2,499
May 201901,09458.482.74$2,998
Apr 201901,19862.632.75$3,295
Mar 201901,34356.803.06$4,112
Feb 201901,10250.852.79$3,077
Jan 201901,41246.033.23$4,558
Dec 201801,45046.594.19$6,069
Nov 201801,31652.934.24$5,576
Oct 201801,40761.443.40$4,781
Sep 201801,48259.543.11$4,606
Aug 201801,54359.403.07$4,732
Jul 201801,58065.142.93$4,632
Jun 201801,51060.183.08$4,646
May 201801,52565.382.90$4,424
Apr 201801,44563.842.90$4,192
Mar 201801,69961.222.79$4,735
Feb 201801,57461.782.77$4,354
Jan 2018251,84362.874.01$8,961
Dec 20171221,74957.272.92$12,097
Nov 20171051,74055.423.12$11,245
Oct 2017831,80049.292.98$9,462
Sep 2017781,81147.523.09$9,298
Aug 2017371,88445.373.00$7,339
Jul 2017681,91543.873.09$8,895
Jun 201701,88842.493.09$5,829
May 201701,86445.373.26$6,083
Apr 201701,92747.933.21$6,189
Mar 201702,01746.772.98$6,018
Feb 201701,87850.452.95$5,545
Jan 201702,02749.413.42$6,930
Dec 201602,39248.763.72$8,905
Nov 201602,06242.492.64$5,453
Oct 201602,19946.193.09$6,795
Sep 201602,27941.553.10$7,066
Aug 201602,50541.442.92$7,325
Jul 201602,04541.622.92$5,980
Jun 201602,10045.352.69$5,640
May 201602,22342.521.99$4,426
Apr 201612,26636.561.99$4,548
Mar 201672,34333.011.79$4,434
Feb 201602,27326.472.06$4,691
Jan 201602,46127.352.36$5,819
Dec 201502,49432.362.00$4,992
Nov 201502,48138.792.17$5,377
Oct 201502,44643.552.43$5,935
Sep 201502,25142.992.76$6,209
Aug 201592,30640.162.87$6,985
Jul 2015342,35548.152.95$8,573
Jun 2015472,33156.152.88$9,359
May 2015572,36855.212.96$10,145
Apr 2015642,37649.822.71$9,619
Mar 2015742,68842.892.93$11,062
Feb 2015532,55244.662.98$9,962
Jan 2015122,67543.433.10$8,815
Dec 201402,66054.693.59$9,553
Nov 201402,61270.464.25$11,106
Oct 201402,68178.303.90$10,458
Sep 201402,64886.164.05$10,712
Aug 201402,42589.394.04$9,785
Jul 201472,57796.564.18$11,447
Jun 2014302,52898.164.74$14,920
May 2014522,48594.734.73$16,671
Apr 2014332,57195.944.81$15,530
Mar 2014432,73195.895.06$17,933
Feb 2014232,40697.406.19$17,138
Jan 2014542,61190.404.86$17,573
Dec 2013462,71691.824.35$16,050
Nov 2013592,70488.853.74$15,350
Oct 2013562,39197.423.78$14,492
Sep 2013122,454104.113.72$10,373
Aug 201362,909104.253.52$10,873
Jul 201303,010102.523.72$11,190
Jun 201302,83994.403.93$11,167
May 201302,96494.834.15$12,298
Apr 201302,92093.964.28$12,505
Mar 201302,96893.623.91$11,613
Feb 201302,62691.233.42$8,981
Jan 201303,03391.603.42$10,373
Dec 201203,07586.773.42$10,517
Nov 201202,88486.953.62$10,454
Oct 201203,06489.383.40$10,417
Sep 201202,97194.672.92$8,671
Aug 201203,10492.662.91$9,027
Jul 201203,11885.133.02$9,419
Jun 201202,95179.822.52$7,434
May 201203,10491.612.49$7,724
Apr 201203,076101.652.00$6,142
Mar 201203,048105.052.22$6,773
Feb 2012132,884101.102.57$8,727
Jan 2012203,14498.092.73$10,558
Dec 2011413,31796.873.24$14,718
Nov 2011113,50095.723.31$12,642
Oct 201103,70184.983.65$13,503
Sep 2011383,71083.623.99$17,965
Aug 2011253,70283.404.15$17,446
Jul 2011113,47894.144.52$16,747
Jun 2011203,49792.904.64$18,084
May 201183,83598.134.40$17,678
Apr 2011184,021105.964.33$19,331
Mar 2011283,95896.364.06$18,757
Feb 2011383,69685.644.18$18,704
Jan 2011424,38686.504.59$23,759
Dec 2010264,24685.734.35$20,690
Nov 2010204,33280.843.80$18,058
Oct 2010203,51078.103.51$13,878
Sep 201053,49772.633.98$14,279
Aug 2010443,84673.684.42$20,239
Jul 201073,94272.554.74$19,179
Jun 2010133,79670.364.91$19,555
May 201094,03471.124.24$17,725
Apr 2010133,91781.694.12$17,211
Mar 2010174,13378.394.39$19,471
Feb 2010113,76973.585.44$21,322
Jan 2010144,24974.365.96$26,382
Dec 2009134,27871.445.48$24,388
Nov 2009114,21874.593.75$16,644
Oct 2009104,38072.544.11$18,728
Sep 2009184,29765.543.06$14,349
Aug 200994,53267.423.22$15,193
Jul 2009134,60761.133.46$16,756
Jun 200994,40966.163.90$17,769
May 2009104,70654.743.93$19,022
Apr 2009134,59646.773.59$17,096
Mar 2009155,05342.144.06$21,142
Feb 2009114,59432.814.63$21,645
Jan 2009125,07735.865.37$27,699
Dec 2008205,24537.105.98$32,092
Nov 2008125,18655.496.86$36,244
Oct 2008135,55675.246.92$39,437
Sep 2008145,179101.767.88$42,220
Aug 2008165,796114.228.48$50,995
Jul 2008145,826131.0811.39$68,190
Jun 2008165,794131.3313.03$77,612
May 2008176,125123.1711.57$72,986
Apr 2008146,032110.3110.45$64,608
Mar 2008166,510101.909.66$64,544
Feb 2008266,40092.538.77$58,537
Jan 2008127,04990.388.21$58,927
Dec 2007166,87488.337.30$51,607
Nov 2007116,98891.677.29$51,963
Oct 2007367,42182.856.92$54,351
Sep 2007277,42275.846.24$48,392
Aug 2007407,85769.066.39$52,952
Jul 2007248,21770.906.39$54,191
Jun 2007208,30862.007.55$63,953
May 2007208,87458.747.85$70,803
Apr 2007198,91859.617.81$70,739
Mar 2007249,65556.927.30$71,867
Feb 2007309,09355.108.22$76,361
Jan 20073110,56150.306.73$72,602
Dec 20062510,78856.656.92$76,052
Nov 20063211,49454.207.62$89,290
Oct 20063712,80354.906.01$79,026
Sep 200619213,56660.085.04$79,870
Aug 20065415,11168.717.34$114,624
Jul 20063916,67769.376.34$108,484
Jun 200624316,90766.286.38$124,038
May 2006020,93466.016.42$134,501
Apr 2006024,30264.397.36$178,874
Mar 2006032,14756.707.08$227,695
Feb 2006047,50957.597.75$368,248
Jan 20061510,98260.598.93$99,015

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.

Jul 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                  109 Mcf  × $  2.64 =       $288

────────────────────────────────────────────────────
Month total                                     $288

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/219385 is the state's own key, not one this site invented.