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 220770District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Apr 2006 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
242
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 Gas112007-05-07174708
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
CondensateDisposition2,477 bbl$157,885
GasProduction841,740 Mcf$4,318,914
Total$4,476,799

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 32.0965, -94.7052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09647, -94.70516 · 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
10,950 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 10,950 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-40133851710,950 ftApr 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 (242)

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

242 months

May 20260706106.413.05$2,150
Apr 202601,62598.932.87$4,663
Mar 2026058589.753.15$1,842
Feb 2026063063.503.75$2,363
Jan 2026067859.138.00$5,423
Dec 2025071456.664.41$3,151
Nov 2025069758.593.93$2,737
Oct 2025069959.383.30$2,310
Sep 2025055362.743.08$1,702
Aug 2025057563.933.01$1,733
Jul 2025057666.743.32$1,910
Jun 2025056466.483.13$1,765
May 2025057560.553.23$1,859
Apr 2025056062.363.54$1,984
Mar 2025056767.704.27$2,420
Feb 2025052070.884.34$2,257
Jan 2025056174.324.28$2,400
Dec 2024057668.993.12$1,798
Nov 2024056269.052.20$1,236
Oct 2024059771.372.28$1,362
Sep 2024059669.612.36$1,409
Aug 2024058875.632.06$1,213
Jul 2024061179.932.15$1,312
Jun 2024062178.082.63$1,636
May 2024065778.812.20$1,444
Apr 2024064284.451.66$1,065
Mar 2024062580.301.55$966
Feb 2024059076.091.78$1,052
Jan 2024061473.023.30$2,025
Dec 2023057471.262.61$1,499
Nov 2023061077.892.81$1,713
Oct 2023072985.443.09$2,251
Sep 2023069789.042.74$1,906
Aug 2023069280.522.67$1,850
Jul 2023070174.852.64$1,852
Jun 2023071968.962.26$1,624
May 2023078070.622.23$1,737
Apr 2023073278.122.24$1,638
Mar 2023091972.852.39$2,199
Feb 2023078175.112.47$1,926
Jan 2023064976.533.39$2,199
Dec 2022086976.415.73$4,979
Nov 2022084485.005.65$4,765
Oct 2022089387.185.86$5,236
Sep 2022090684.888.16$7,396
Aug 2022098094.529.13$8,945
Jul 20220978101.587.54$7,376
Jun 20220995115.097.98$7,937
May 202201,025109.378.43$8,644
Apr 20220936104.226.84$6,400
Mar 20220796108.885.08$4,041
Feb 2022071291.054.86$3,459
Jan 2022079981.844.54$3,626
Dec 2021048071.323.90$1,872
Nov 2021098477.435.24$5,153
Oct 202101,00579.795.71$5,742
Sep 2021098869.865.35$5,287
Aug 202101,07266.024.22$4,524
Jul 202101,10570.783.98$4,400
Jun 202101,07169.493.38$3,621
May 202101,13963.483.02$3,437
Apr 202101,08160.362.76$2,982
Mar 202101,15661.302.72$3,141
Feb 202101,05657.805.55$5,859
Jan 202101,24150.412.81$3,488
Dec 202001,31244.642.68$3,510
Nov 202001,55538.772.71$4,209
Oct 202001,28736.972.48$3,190
Sep 202001,34037.091.99$2,668
Aug 202001,41239.982.39$3,368
Jul 202001,44638.371.83$2,639
Jun 202001,38934.901.69$2,348
May 202001,45916.921.81$2,648
Apr 202001,50214.751.80$2,710
Mar 202001,75530.341.86$3,258
Feb 202001,39549.881.98$2,763
Jan 202001,25157.252.09$2,621
Dec 201901,31959.012.30$3,039
Nov 201901,23555.302.75$3,397
Oct 201901,53053.472.42$3,700
Sep 201901,60855.052.66$4,273
Aug 201902,02853.112.30$4,673
Jul 201902,02656.272.46$4,984
Jun 201901,92952.782.49$4,806
May 201902,05558.482.74$5,631
Apr 201901,86062.632.75$5,116
Mar 201901,67556.803.06$5,129
Feb 201901,32550.852.79$3,700
Jan 201901,46246.033.23$4,720
Dec 201801,72046.594.19$7,199
Nov 201801,86252.934.24$7,890
Oct 201801,92261.443.40$6,531
Sep 201801,91359.543.11$5,946
Aug 201802,08359.403.07$6,388
Jul 201802,21765.142.93$6,500
Jun 201802,12860.183.08$6,548
May 201802,17165.382.90$6,298
Apr 201801,73763.842.90$5,039
Mar 201801,95361.222.79$5,443
Feb 201801,87061.782.77$5,173
Jan 201802,04862.874.01$8,211
Dec 201702,17057.272.92$6,340
Nov 201702,24055.423.12$6,985
Oct 201702,32049.292.98$6,922
Sep 201702,19347.523.09$6,770
Aug 201702,28645.373.00$6,868
Jul 201702,35843.873.09$7,280
Jun 201702,27142.493.09$7,011
May 201702,30845.373.26$7,532
Apr 201702,15847.933.21$6,931
Mar 201702,20246.772.98$6,570
Feb 201702,03350.452.95$6,003
Jan 201702,19049.413.42$7,487
Dec 201602,30148.763.72$8,566
Nov 201602,31342.492.64$6,116
Oct 201602,41446.193.09$7,460
Sep 201602,38541.553.10$7,395
Aug 201602,50041.442.92$7,311
Jul 2016152,48541.622.92$7,891
Jun 2016572,44445.352.69$9,149
May 2016502,58542.521.99$7,273
Apr 2016522,48436.561.99$6,847
Mar 2016872,60533.011.79$7,545
Feb 2016782,45426.472.06$7,129
Jan 2016702,64527.352.36$8,168
Dec 2015352,67032.362.00$6,476
Nov 2015412,59738.792.17$7,219
Oct 2015262,72743.552.43$7,750
Sep 2015182,62842.992.76$8,023
Aug 2015272,73440.162.87$8,938
Jul 201582,78148.152.95$8,575
Jun 201502,68556.152.88$7,740
May 201502,81255.212.96$8,311
Apr 201502,88749.822.71$7,814
Mar 201502,90142.892.93$8,514
Feb 2015132,62744.662.98$8,399
Jan 2015262,91143.433.10$10,155
Dec 2014212,98054.693.59$11,851
Nov 2014282,94970.464.25$14,512
Oct 2014223,05878.303.90$13,652
Sep 201443,08586.164.05$12,825
Aug 201403,19689.394.04$12,896
Jul 201403,17996.564.18$13,287
Jun 201402,85498.164.74$13,519
May 201402,93694.734.73$13,877
Apr 201402,88595.944.81$13,874
Mar 201402,99795.895.06$15,155
Feb 201402,70597.406.19$16,749
Jan 201403,11490.404.86$15,136
Dec 201303,00691.824.35$13,090
Nov 201303,08188.853.74$11,518
Oct 201303,03497.423.78$11,467
Sep 201302,929104.113.72$10,889
Aug 201303,218104.253.52$11,336
Jul 201303,286102.523.72$12,216
Jun 201303,14094.403.93$12,351
May 201303,22094.834.15$13,360
Apr 201303,19793.964.28$13,691
Mar 201303,28693.623.91$12,858
Feb 201302,97091.233.42$10,157
Jan 201303,37991.603.42$11,556
Dec 201203,39586.773.42$11,611
Nov 201203,29386.953.62$11,937
Oct 201203,47789.383.40$11,821
Sep 201213,39894.672.92$10,011
Aug 201203,54592.662.91$10,309
Jul 201203,60285.133.02$10,881
Jun 201203,56179.822.52$8,970
May 201203,69891.612.49$9,202
Apr 201203,590101.652.00$7,169
Mar 201203,556105.052.22$7,902
Feb 2012193,597101.102.57$11,166
Jan 2012313,60698.092.73$12,900
Dec 2011863,54396.873.24$19,809
Nov 2011313,58595.723.31$14,838
Oct 201103,78384.983.65$13,802
Sep 2011193,72683.623.99$16,440
Aug 2011183,93583.404.15$17,829
Jul 2011123,97794.144.52$19,095
Jun 2011243,90092.904.64$20,325
May 2011104,17498.134.40$19,367
Apr 2011234,022105.964.33$19,866
Mar 2011204,16996.364.06$18,842
Feb 2011233,76785.644.18$17,716
Jan 2011204,21986.504.59$21,090
Dec 2010154,35985.734.35$20,238
Nov 201074,24080.843.80$16,658
Oct 2010234,55678.103.51$17,783
Sep 201094,44772.633.98$18,350
Aug 2010514,68773.684.42$24,471
Jul 201084,75972.554.74$23,121
Jun 2010154,65670.364.91$23,918
May 201094,88271.124.24$21,316
Apr 2010134,85581.694.12$21,078
Mar 2010215,09978.394.39$24,024
Feb 2010124,62373.585.44$26,043
Jan 2010145,16074.365.96$31,816
Dec 2009145,26271.445.48$29,856
Nov 2009145,20874.593.75$20,582
Oct 2009135,43372.544.11$23,274
Sep 2009275,35365.543.06$18,175
Aug 2009155,62367.423.22$19,109
Jul 2009135,49861.133.46$19,843
Jun 2009145,44066.163.90$22,115
May 2009115,74154.743.93$23,140
Apr 2009145,84946.773.59$21,638
Mar 2009156,71942.144.06$27,905
Feb 2009116,17232.814.63$28,956
Jan 2009156,98935.865.37$38,076
Dec 2008226,86837.105.98$41,867
Nov 2008135,33155.496.86$37,294
Oct 2008125,46975.246.92$38,759
Sep 2008125,172101.767.88$41,961
Aug 2008145,699114.228.48$49,944
Jul 2008135,754131.0811.39$67,239
Jun 2008145,718131.3313.03$76,359
May 2008136,016123.1711.57$71,232
Apr 2008115,914110.3110.45$63,043
Mar 2008136,416101.909.66$63,329
Feb 2008236,21592.538.77$56,637
Jan 200886,76990.388.21$56,268
Dec 2007127,01988.337.30$52,312
Nov 200787,14691.677.29$52,840
Oct 2007337,59882.856.92$55,327
Sep 2007237,62975.846.24$49,381
Aug 2007378,15369.066.39$54,636
Jul 2007408,57870.906.39$57,632
Jun 2007468,73362.007.55$68,773
May 2007509,36858.747.85$76,441
Apr 2007489,49659.617.81$76,979
Mar 20075510,40556.927.30$79,108
Feb 2007629,92155.108.22$84,927
Jan 20077211,65750.306.73$82,036
Dec 20065612,67256.656.92$90,843
Nov 20063213,39954.207.62$103,801
Oct 20064015,47254.906.01$95,242
Sep 20066317,24960.085.04$90,672
Aug 20067420,70368.717.34$157,043
Jul 20066225,71869.376.34$167,424
Jun 200610832,25466.286.38$213,064
May 2006038,37666.016.42$246,566
Apr 20060064.397.36$0

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                  706 Mcf  × $  3.05 =     $2,150

────────────────────────────────────────────────────
Month total                                   $2,150

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/220770 is the state's own key, not one this site invented.