SABINE ROYALTY TRUST

Operated by EQV OPERATING LLC (P-5 101634) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220194District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
May 2006 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
241
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

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 Gas112007-07-25175955
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
CondensateDisposition7,287 bbl$492,287
GasProduction670,046 Mcf$3,275,385
Total$3,767,672

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 32.0783, -94.1770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07832, -94.17704 · 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
11,130 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 11,130 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-36535782211,130 ftMay 2006

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 (241)

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

241 months

May 20260510106.413.05$1,553
Apr 2026372098.932.87$2,363
Mar 2026653789.753.15$2,230
Feb 2026347963.503.75$1,987
Jan 20261658159.138.00$5,593
Dec 20252052556.664.41$3,450
Nov 2025954458.593.93$2,663
Oct 2025651259.383.30$2,048
Sep 2025045862.743.08$1,409
Aug 2025862963.933.01$2,408
Jul 2025062966.743.32$2,085
Jun 2025069266.483.13$2,165
May 2025085760.553.23$2,770
Apr 2025055062.363.54$1,949
Mar 2025048567.704.27$2,070
Feb 20251841970.884.34$3,095
Jan 2025042574.324.28$1,818
Dec 2024049668.993.12$1,548
Nov 2024049669.052.20$1,090
Oct 2024053571.372.28$1,221
Sep 20242249069.612.36$2,690
Aug 2024048175.632.06$993
Jul 20241146779.932.15$1,882
Jun 2024045678.082.63$1,201
May 2024044978.812.20$987
Apr 2024051284.451.66$850
Mar 2024042680.301.55$658
Feb 2024034976.091.78$622
Jan 2024035473.023.30$1,167
Dec 2023035271.262.61$919
Nov 2023039977.892.81$1,120
Oct 2023050085.443.09$1,544
Sep 2023051289.042.74$1,400
Aug 2023051980.522.67$1,387
Jul 2023056974.852.64$1,503
Jun 2023054868.962.26$1,238
May 2023053370.622.23$1,187
Apr 2023049378.122.24$1,103
Mar 2023042172.852.39$1,008
Feb 2023046375.112.47$1,142
Jan 2023048676.533.39$1,646
Dec 2022038576.415.73$2,206
Nov 2022050085.005.65$2,823
Oct 2022052487.185.86$3,073
Sep 2022055584.888.16$4,531
Aug 2022058794.529.13$5,358
Jul 20220617101.587.54$4,653
Jun 20220566115.097.98$4,515
May 202215597109.378.43$6,675
Apr 20220410104.226.84$2,803
Mar 20220610108.885.08$3,097
Feb 2022038891.054.86$1,885
Jan 2022041681.844.54$1,888
Dec 2021057371.323.90$2,234
Nov 20211549777.435.24$3,764
Oct 2021031279.795.71$1,783
Sep 202101,12069.865.35$5,993
Aug 202101,78166.024.22$7,517
Jul 202101,61470.783.98$6,427
Jun 2021760669.493.38$2,535
May 2021044563.483.02$1,343
Apr 202181,04660.362.76$3,368
Mar 202101,06861.302.72$2,902
Feb 2021047157.805.55$2,613
Jan 2021873150.412.81$2,458
Dec 2020076744.642.68$2,052
Nov 2020075338.772.71$2,038
Oct 2020069036.972.48$1,710
Sep 2020085137.091.99$1,694
Aug 202001,25439.982.39$2,991
Jul 202061,28338.371.83$2,572
Jun 202001,27634.901.69$2,157
May 202001,33016.921.81$2,414
Apr 202071,35814.751.80$2,554
Mar 202001,39330.341.86$2,586
Feb 202001,52449.881.98$3,019
Jan 202051,25557.252.09$2,915
Dec 201901,23259.012.30$2,839
Nov 201911,01455.302.75$2,845
Oct 2019034853.472.42$842
Sep 2019054355.052.66$1,443
Aug 2019234953.112.30$910
Jul 2019088656.272.46$2,180
Jun 201901,20652.782.49$3,004
May 20193058.482.74$175
Apr 2019088862.632.75$2,443
Mar 2019680056.803.06$2,790
Feb 2019671750.852.79$2,307
Jan 201971,24146.033.23$4,328
Dec 201801,24746.594.19$5,219
Nov 2018131,12952.934.24$5,472
Oct 201801,41161.443.40$4,795
Sep 201871,56559.543.11$5,281
Aug 201801,45059.403.07$4,447
Jul 201871,52965.142.93$4,939
Jun 201871,51860.183.08$5,092
May 201871,68765.382.90$5,351
Apr 201871,47263.842.90$4,717
Mar 2018141,05661.222.79$3,800
Feb 201801,62161.782.77$4,484
Jan 201871,84162.874.01$7,821
Dec 201771,95157.272.92$6,101
Nov 201762,19655.423.12$7,180
Oct 2017101,47549.292.98$4,894
Sep 2017112,02047.523.09$6,759
Aug 2017102,25745.373.00$7,235
Jul 2017102,28143.873.09$7,481
Jun 2017231,72742.493.09$6,309
May 2017851,87345.373.26$9,969
Apr 2017442,07147.933.21$8,760
Mar 2017862,16346.772.98$10,476
Feb 2017432,53050.452.95$9,639
Jan 2017432,87749.413.42$11,961
Dec 2016402,87548.763.72$12,654
Nov 2016442,79542.492.64$9,261
Oct 20162552,91446.193.09$20,783
Sep 20161462,32541.553.10$13,275
Aug 2016901,65341.442.92$8,564
Jul 20161152,90441.622.92$13,279
Jun 20162102,51945.352.69$16,289
May 2016951,74842.521.99$7,520
Apr 2016802,01736.561.99$6,941
Mar 20161691,56933.011.79$8,393
Feb 20161092,12126.472.06$7,262
Jan 20161871,84627.352.36$9,479
Dec 2015982,08332.362.00$7,340
Nov 20152622,35138.792.17$15,258
Oct 2015932,54343.552.43$10,221
Sep 20151822,68942.992.76$15,242
Aug 20151792,79640.162.87$15,220
Jul 20151813,22748.152.95$18,219
Jun 20151023,85656.152.88$16,844
May 2015334,20655.212.96$14,253
Apr 2015694,36549.822.71$15,252
Mar 20151153,04142.892.93$13,857
Feb 2015672,75944.662.98$11,204
Jan 20151063,08643.433.10$14,172
Dec 2014972,74354.693.59$15,156
Nov 2014652,70770.464.25$16,090
Oct 20141303,44378.303.90$23,610
Sep 2014983,14986.164.05$21,183
Aug 2014663,76089.394.04$21,072
Jul 20141383,57796.564.18$28,276
Jun 20141283,52798.164.74$29,271
May 20141354,16394.734.73$32,465
Apr 20141744,63895.944.81$38,998
Mar 20141314,68395.895.06$36,243
Feb 20141043,75797.406.19$33,393
Jan 20141575,03890.404.86$38,681
Dec 201394,09991.824.35$18,675
Nov 2013126,10988.853.74$23,903
Oct 2013127,17097.423.78$28,267
Sep 201397,664104.113.72$29,430
Aug 2013608,487104.253.52$36,151
Jul 201316910,609102.523.72$56,767
Jun 201317911,56194.403.93$62,372
May 2013925,82494.834.15$32,889
Apr 20131005,22293.964.28$31,760
Mar 20131065,97293.623.91$33,291
Feb 2013975,11291.233.42$26,332
Jan 20131165,74791.603.42$30,280
Dec 20121197,07586.773.42$34,523
Nov 20121759,96586.953.62$51,339
Oct 2012222,53389.383.40$10,578
Sep 2012564,15894.672.92$17,436
Aug 20121218,10392.662.91$34,777
Jul 20121016,38485.133.02$27,883
Jun 2012724,72679.822.52$17,652
May 20121186,28891.612.49$26,457
Apr 20121397,570101.652.00$29,245
Mar 2012755,047105.052.22$19,094
Feb 20121197,344101.102.57$30,907
Jan 2012512,73498.092.73$12,478
Dec 2011431,45296.873.24$8,870
Nov 201102,64395.723.31$8,752
Oct 201102,69984.983.65$9,847
Sep 20110083.623.99$0
Aug 201101,90083.404.15$7,884
Jul 201101,77894.144.52$8,032
Jun 201102,06992.904.64$9,600
May 201102,07498.134.40$9,136
Apr 201101,907105.964.33$8,264
Mar 201101,30996.364.06$5,311
Feb 201101,69485.644.18$7,081
Jan 201102,34986.504.59$10,779
Dec 201001,71685.734.35$7,461
Nov 201001,38280.843.80$5,245
Oct 201001,51678.103.51$5,319
Sep 201001,49072.633.98$5,929
Aug 201001,53173.684.42$6,766
Jul 201001,98772.554.74$9,411
Jun 201002,10370.364.91$10,327
May 201002,61971.124.24$11,092
Apr 201001,44781.694.12$5,966
Mar 201002,06178.394.39$9,045
Feb 201002,47173.585.44$13,448
Jan 201002,41574.365.96$14,403
Dec 200905,54571.445.48$30,407
Nov 2009089374.593.75$3,350
Oct 200901,25372.544.11$5,150
Sep 200902,31365.543.06$7,089
Aug 200902,73967.423.22$8,815
Jul 200902,36561.133.46$8,194
Jun 200902,21266.163.90$8,616
May 200901,85854.743.93$7,294
Apr 200902,62646.773.59$9,421
Mar 200905,71742.144.06$23,205
Feb 200903532.814.63$162
Jan 200902,19635.865.37$11,795
Dec 200802,40637.105.98$14,381
Nov 200802,77655.496.86$19,044
Oct 200802,65075.246.92$18,343
Sep 200803,293101.767.88$25,939
Aug 200803,449114.228.48$29,258
Jul 200803,691131.0811.39$42,038
Jun 200804,357131.3313.03$56,783
May 200804,281123.1711.57$49,550
Apr 200802,576110.3110.45$26,932
Mar 200803,062101.909.66$29,591
Feb 200804,14092.538.77$36,310
Jan 200804,14690.388.21$34,021
Dec 200704,18988.337.30$30,588
Nov 200703,52091.677.29$25,667
Oct 200704,68082.856.92$32,395
Sep 200705,22475.846.24$32,619
Aug 200706,02369.066.39$38,475
Jul 200706,16570.906.39$39,382
Jun 200706,60462.007.55$49,850
May 200708,54158.747.85$67,015
Apr 2007010,74559.617.81$83,867
Mar 2007015,70556.927.30$114,677
Feb 2007018,41655.108.22$151,306
Jan 2007026,19250.306.73$176,190
Dec 2006024,87356.656.92$172,082
Nov 2006025,50554.207.62$194,284
Oct 2006011,43854.906.01$68,786
Sep 20060060.085.04$0
Aug 200601,10068.717.34$8,074
Jul 20060069.376.34$0
Jun 200602,53966.286.38$16,209
May 200605,23866.016.42$33,654

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                  510 Mcf  × $  3.05 =     $1,553

────────────────────────────────────────────────────
Month total                                   $1,553

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/220194 is the state's own key, not one this site invented.