SWEPCO GAS UNIT

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219824District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Mar 2006 – May 2024
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
219
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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: FIELD. EFFECTIVE 4/12/16.

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 Gas112006-10-26170971
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
CondensateDisposition3,496 bbl$245,955
GasProduction720,086 Mcf$4,039,947
Total$4,285,902

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 32.4451, -94.5614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44507, -94.56140 · 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
10,685 ft
1 wells filed one
Completion to plug
18.2 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 10,685 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
May 2024
1 of 1 wells

Last completion to plug: a median of 18.2 years across the 1 well that filed both dates, with the middle half between 18.2 years and 18.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20333128610,685 ftMar 2006May 2024Yes

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 (219)

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

219 months

May 202407478.812.20$163
Apr 2024016384.451.66$270
Mar 202408380.301.55$128
Feb 202409376.091.78$166
Jan 2024010373.023.30$340
Dec 2023023271.262.61$606
Nov 2023022677.892.81$635
Oct 2023023785.443.09$732
Sep 2023124889.042.74$767
Aug 20238424380.522.67$7,413
Jul 20231323474.852.64$1,591
Jun 20233620768.962.26$2,950
May 2023021870.622.23$486
Apr 2023019878.122.24$443
Mar 2023021172.852.39$505
Feb 2023018875.112.47$464
Jan 2023023076.533.39$779
Dec 2022024576.415.73$1,404
Nov 2022021885.005.65$1,231
Oct 2022024787.185.86$1,448
Sep 2022033184.888.16$2,702
Aug 2022024494.529.13$2,227
Jul 20220334101.587.54$2,519
Jun 20220280115.097.98$2,234
May 20220247109.378.43$2,083
Apr 20220212104.226.84$1,450
Mar 20220241108.885.08$1,223
Feb 2022018691.054.86$904
Jan 2022021981.844.54$994
Dec 2021025271.323.90$983
Nov 202101977.435.24$100
Oct 2021010179.795.71$577
Sep 2021012269.865.35$653
Aug 2021026266.024.22$1,106
Jul 2021026570.783.98$1,055
Jun 2021024969.493.38$842
May 2021017463.483.02$525
Apr 2021019260.362.76$530
Mar 2021024361.302.72$660
Feb 202108757.805.55$483
Jan 202101650.412.81$45
Dec 2020015744.642.68$420
Nov 2020025238.772.71$682
Oct 2020023136.972.48$573
Sep 2020019637.091.99$390
Aug 2020016639.982.39$396
Jul 2020010538.371.83$192
Jun 2020034634.901.69$585
May 2020012416.921.81$225
Apr 2020023414.751.80$422
Mar 2020028630.341.86$531
Feb 2020024849.881.98$491
Jan 202004057.252.09$84
Dec 2019037659.012.30$866
Nov 201904655.302.75$127
Oct 2019026553.472.42$641
Sep 201921,28355.052.66$3,519
Aug 201901,72853.112.30$3,982
Jul 201901,30456.272.46$3,208
Jun 201911,32852.782.49$3,361
May 201911,55258.482.74$4,311
Apr 201911,40462.632.75$3,925
Mar 2019252256.803.06$1,712
Feb 201901,11250.852.79$3,105
Jan 201911,37046.033.23$4,469
Dec 201831,63546.594.19$6,983
Nov 201821,52952.934.24$6,585
Oct 201821,42561.443.40$4,965
Sep 201801,05659.543.11$3,282
Aug 201811,28959.403.07$4,012
Jul 201801,19365.142.93$3,498
Jun 201801,06860.183.08$3,286
May 201821,23565.382.90$3,713
Apr 201801,44463.842.90$4,189
Mar 201811,47761.222.79$4,177
Feb 201811,28761.782.77$3,622
Jan 201831,56662.874.01$6,467
Dec 201721,65457.272.92$4,947
Nov 201711,67855.423.12$5,288
Oct 201721,74749.292.98$5,311
Sep 201711,67447.523.09$5,216
Aug 201701,88045.373.00$5,648
Jul 201701,83843.873.09$5,674
Jun 201732,05442.493.09$6,469
May 2017962,70245.373.26$13,173
Apr 2017183647.933.21$2,733
Mar 2017084046.772.98$2,506
Feb 2017075850.452.95$2,238
Jan 2017183549.413.42$2,904
Dec 2016181048.763.72$3,064
Nov 2016087842.492.64$2,322
Oct 201601,06446.193.09$3,288
Sep 2016089141.553.10$2,763
Aug 2016387041.442.92$2,669
Jul 201611,05241.622.92$3,118
Jun 201601,04645.352.69$2,809
May 2016179142.521.99$1,617
Apr 201601,08336.561.99$2,156
Mar 201641,25733.011.79$2,387
Feb 201601,27226.472.06$2,625
Jan 201601,23227.352.36$2,913
Dec 201521,30732.362.00$2,681
Nov 201581,48838.792.17$3,535
Oct 201521,44643.552.43$3,596
Sep 201521,36042.992.76$3,837
Aug 201531,36540.162.87$4,041
Jul 201531,97048.152.95$5,946
Jun 201561,74556.152.88$5,367
May 201521,77555.212.96$5,356
Apr 201561,99649.822.71$5,701
Mar 201542,11242.892.93$6,370
Feb 201531,96144.662.98$5,970
Jan 201562,19143.433.10$7,054
Dec 201442,17154.693.59$8,016
Nov 201452,06270.464.25$9,120
Oct 2014102,15378.303.90$9,182
Sep 201422,23786.164.05$9,222
Aug 201422,40589.394.04$9,883
Jul 201442,67596.564.18$11,567
Jun 201462,49798.164.74$12,417
May 201401,79194.734.73$8,465
Apr 201422,58195.944.81$12,604
Mar 201413,23595.895.06$16,455
Feb 201423,02797.406.19$18,938
Jan 201493,26890.404.86$16,698
Dec 201323,39291.824.35$14,954
Nov 201353,23888.853.74$12,549
Oct 201322,84097.423.78$10,928
Sep 201333,011104.113.72$11,506
Aug 20131783,478104.253.52$30,808
Jul 201362,347102.523.72$9,341
Jun 201332,20994.403.93$8,972
May 201301,25794.834.15$5,215
Apr 201322,03593.964.28$8,903
Mar 201332,97693.623.91$11,926
Feb 201342,81491.233.42$9,989
Jan 201352,87391.603.42$10,283
Dec 201202,91486.773.42$9,966
Nov 201242,87686.953.62$10,773
Oct 201283,16089.383.40$11,458
Sep 201212,55194.672.92$7,540
Aug 201222,70892.662.91$8,061
Jul 20121012,76085.133.02$16,936
Jun 201232,74779.822.52$7,159
May 201212,59491.612.49$6,546
Apr 201222,562101.652.00$5,319
Mar 201223,169105.052.22$7,252
Feb 201253,194101.102.57$8,715
Jan 201203,77598.092.73$10,321
Dec 201103,71896.873.24$12,045
Nov 201103,71395.723.31$12,295
Oct 201103,91584.983.65$14,284
Sep 20111833,67183.623.99$29,934
Aug 201103,79783.404.15$15,755
Jul 201103,84894.144.52$17,382
Jun 201103,68992.904.64$17,117
May 201103,90398.134.40$17,192
Apr 201103,809105.964.33$16,505
Mar 201103,33396.364.06$13,523
Feb 201103,38885.644.18$14,162
Jan 201104,06386.504.59$18,644
Dec 201004,14085.734.35$18,000
Nov 201004,19980.843.80$15,937
Oct 201004,43178.103.51$15,548
Sep 20101774,19772.633.98$29,557
Aug 201004,47173.684.42$19,759
Jul 201004,60072.554.74$21,788
Jun 201004,29070.364.91$21,066
May 201004,52671.124.24$19,169
Apr 201004,40581.694.12$18,160
Mar 201004,64978.394.39$20,403
Feb 20101933,99673.585.44$35,949
Jan 201004,28474.365.96$25,550
Dec 200904,49071.445.48$24,622
Nov 200904,56574.593.75$17,126
Oct 200904,41872.544.11$18,159
Sep 200904,45965.543.06$13,666
Aug 200904,18167.423.22$13,457
Jul 200904,19061.133.46$14,516
Jun 200903,99266.163.90$15,549
May 200904,41554.743.93$17,332
Apr 200904,51346.773.59$16,190
Mar 200904,63942.144.06$18,830
Feb 200904,35732.814.63$20,186
Jan 200905,01635.865.37$26,941
Dec 20081785,39137.105.98$38,827
Nov 200803,37455.496.86$23,147
Oct 200805,52575.246.92$38,244
Sep 200805,432101.767.88$42,788
Aug 200805,440114.228.48$46,148
Jul 200805,545131.0811.39$63,154
Jun 200805,304131.3313.03$69,125
May 200805,652123.1711.57$65,418
Apr 200805,919110.3110.45$61,882
Mar 20081925,817101.909.66$75,781
Feb 200805,27292.538.77$46,239
Jan 200806,52390.388.21$53,526
Dec 200706,41888.337.30$46,864
Nov 200705,68991.677.29$41,482
Oct 200706,81882.856.92$47,194
Sep 200707,23275.846.24$45,158
Aug 200707,72569.066.39$49,347
Jul 20071838,59370.906.39$67,866
Jun 200709,42362.007.55$71,129
May 2007011,29358.747.85$88,608
Apr 2007011,48959.617.81$89,674
Mar 200709,49956.927.30$69,361
Feb 20071869,74955.108.22$90,346
Jan 2007011,05250.306.73$74,345
Dec 2006012,02756.656.92$83,208
Nov 2006013,45354.207.62$102,478
Oct 2006017,57854.906.01$105,711
Sep 200618316,07760.085.04$91,978
Aug 200620117,47368.717.34$142,061
Jul 200618520,21869.376.34$141,071
Jun 200618325,00166.286.38$171,733
May 200635630,54066.016.42$219,719
Apr 200638640,59864.397.36$323,675
Mar 2006018,58456.707.08$131,629

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.81 =         $0
Gas                   74 Mcf  × $  2.20 =       $163

────────────────────────────────────────────────────
Month total                                     $163

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/219824 is the state's own key, not one this site invented.