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LOCKHART

Operated by SABINE ENERGY INC. (P-5 103925) in the HALLSVILLE, NE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223215District 06Field 382912002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Nov 2006 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
235
no gaps in the span
Streams
2
condensate, gas

The HALLSVILLE, NE (COTTON VALLEY) field

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 43 leases and 43 wells, and the rule below applies to all of them.

Discovered
1980-01-17
as the register files it
Field class
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 2014-06-17.

The Commission's schedule remark for this field reads: “FROM OCTOBER TO DECEMBER. SEE DOCKET FOR HORIZONTAL RULES.”

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 Gas112007-01-26171825
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
CondensateDisposition2,033 bbl$164,985
GasProduction346,100 Mcf$1,732,421
Total$1,897,406

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 32.5260, -94.5176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52604, -94.51758 · 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
10,506 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 10,506 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-20333482110,506 ftJun 2007——

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 (235)

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

235 months

May 2026130722106.413.05$16,032
Apr 2026056598.932.87$1,621
Mar 2026466089.753.15$2,438
Feb 2026079363.503.75$2,974
Jan 2026144559.138.00$3,618
Dec 20256778256.664.41$7,247
Nov 2025068858.593.93$2,701
Oct 202501,16859.383.30$3,860
Sep 2025085462.743.08$2,628
Aug 2025296163.933.01$3,025
Jul 202511,01966.743.32$3,445
Jun 202501,12966.483.13$3,532
May 202501,48860.553.23$4,810
Apr 202511,57262.363.54$5,632
Mar 202521,43367.704.27$6,252
Feb 202501,40070.884.34$6,077
Jan 202511,79174.324.28$7,737
Dec 2024891,71968.993.12$11,506
Nov 202421,90769.052.20$4,331
Oct 2024432,51971.372.28$8,816
Sep 2024843,19969.612.36$13,411
Aug 202435,63475.632.06$11,853
Jul 2024113,49679.932.15$29,050
Jun 202402,84278.082.63$7,486
May 202402578.812.20$55
Apr 20240984.451.66$15
Mar 202401580.301.55$23
Feb 202404376.091.78$77
Jan 202404173.023.30$135
Dec 202301071.262.61$26
Nov 2023011877.892.81$331
Oct 202302785.443.09$83
Sep 2023013489.042.74$367
Aug 202307780.522.67$206
Jul 202303374.852.64$87
Jun 20230368.962.26$7
May 202302270.622.23$49
Apr 2023013378.122.24$298
Mar 202307472.852.39$177
Feb 202301875.112.47$44
Jan 2023016076.533.39$542
Dec 2022074176.415.73$4,245
Nov 202202485.005.65$136
Oct 202203887.185.86$223
Sep 202202884.888.16$229
Aug 202207694.529.13$694
Jul 2022012101.587.54$91
Jun 2022036115.097.98$287
May 2022050109.378.43$422
Apr 2022070104.226.84$479
Mar 2022016108.885.08$81
Feb 202204191.054.86$199
Jan 202209181.844.54$413
Dec 202113771.323.90$216
Nov 202101777.435.24$89
Oct 202107779.795.71$440
Sep 202106469.865.35$342
Aug 202102366.024.22$97
Jul 202103170.783.98$123
Jun 202108869.493.38$297
May 202103963.483.02$118
Apr 202101760.362.76$47
Mar 202101661.302.72$43
Feb 202103357.805.55$183
Jan 202106050.412.81$169
Dec 202003244.642.68$86
Nov 202001538.772.71$41
Oct 202004136.972.48$102
Sep 202001737.091.99$34
Aug 20200539.982.39$12
Jul 20200038.371.83$0
Jun 2020041634.901.69$703
May 2020016116.921.81$292
Apr 2020016214.751.80$292
Mar 2020025530.341.86$473
Feb 202002,63149.881.98$5,211
Jan 202006957.252.09$145
Dec 2019041359.012.30$952
Nov 201901855.302.75$50
Oct 201901553.472.42$36
Sep 20190455.052.66$11
Aug 201901853.112.30$41
Jul 201902456.272.46$59
Jun 201901752.782.49$42
May 201903858.482.74$104
Apr 201903762.632.75$102
Mar 201903956.803.06$119
Feb 201903150.852.79$87
Jan 201902046.033.23$65
Dec 201802246.594.19$92
Nov 201803452.934.24$144
Oct 201801761.443.40$58
Sep 201804259.543.11$131
Aug 201806859.403.07$209
Jul 2018801465.142.93$5,252
Jun 201801360.183.08$40
May 201802965.382.90$84
Apr 201809663.842.90$278
Mar 2018059761.222.79$1,664
Feb 2018029961.782.77$827
Jan 20180862.874.01$32
Dec 201703557.272.92$102
Nov 20170055.423.12$0
Oct 201705349.292.98$158
Sep 2017056847.523.09$1,754
Aug 2017065145.373.00$1,956
Jul 2017094643.873.09$2,921
Jun 201701,41342.493.09$4,362
May 201701,14645.373.26$3,740
Apr 2017037747.933.21$1,211
Mar 20171077646.772.98$5,231
Feb 2017012750.452.95$375
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016014442.492.64$381
Oct 201601346.193.09$40
Sep 2016031741.553.10$983
Aug 2016079741.442.92$2,331
Jul 2016089441.622.92$2,614
Jun 201601,23545.352.69$3,317
May 2016046342.521.99$922
Apr 201601,88436.561.99$3,751
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015198032.362.00$1,994
Nov 2015197438.792.17$2,150
Oct 201531,17743.552.43$2,987
Sep 201511,57142.992.76$4,376
Aug 201511,47240.162.87$4,268
Jul 201521,43848.152.95$4,331
Jun 201521,36056.152.88$4,033
May 201521,18255.212.96$3,604
Apr 20151571,05349.822.71$10,672
Mar 201511,14742.892.93$3,409
Feb 201501,01044.662.98$3,006
Jan 201501,31243.433.10$4,068
Dec 201401,09854.693.59$3,943
Nov 201401,20470.464.25$5,119
Oct 2014193178.303.90$3,710
Sep 201411,05086.164.05$4,334
Aug 201411,49789.394.04$6,130
Jul 201411,56396.564.18$6,629
Jun 201411,27198.164.74$6,119
May 201411,33094.734.73$6,381
Apr 201421,68795.944.81$8,305
Mar 201421,53495.895.06$7,949
Feb 201421,16997.406.19$7,433
Jan 201411,32290.404.86$6,516
Dec 201321,38991.824.35$6,232
Nov 201311,47988.853.74$5,618
Oct 201311,77397.423.78$6,798
Sep 201311,827104.113.72$6,896
Aug 201301,810104.253.52$6,376
Jul 2013531,700102.523.72$11,754
Jun 2013881,64294.403.93$14,766
May 201311,64694.834.15$6,924
Apr 201301,58193.964.28$6,771
Mar 201371,78293.623.91$7,628
Feb 201311,51691.233.42$5,276
Jan 201311,78691.603.42$6,200
Dec 201212,00886.773.42$6,954
Nov 201211,92686.953.62$7,069
Oct 201211,72689.383.40$5,957
Sep 201211,80894.672.92$5,371
Aug 201221,66692.662.91$5,030
Jul 201211,51485.133.02$4,659
Jun 201201,48079.822.52$3,728
May 20121711,57191.612.49$19,574
Apr 201241,610101.652.00$3,621
Mar 201221,651105.052.22$3,879
Feb 201231,549101.102.57$4,285
Jan 201201,41798.092.73$3,874
Dec 201101,74996.873.24$5,666
Nov 201101,61295.723.31$5,338
Oct 201101,74584.983.65$6,367
Sep 201101,92283.623.99$7,661
Aug 201102,03183.404.15$8,427
Jul 201102,16694.144.52$9,784
Jun 201102,02492.904.64$9,391
May 201102,17598.134.40$9,580
Apr 20111692,162105.964.33$27,276
Mar 201102,01296.364.06$8,163
Feb 201101,82585.644.18$7,628
Jan 201102,55786.504.59$11,734
Dec 201002,64385.734.35$11,491
Nov 201002,79180.843.80$10,593
Oct 201002,84378.103.51$9,976
Sep 201002,89772.633.98$11,529
Aug 201003,18173.684.42$14,058
Jul 201002,91772.554.74$13,816
Jun 201003,37270.364.91$16,558
May 20102892,16871.124.24$29,736
Apr 201002,51281.694.12$10,356
Mar 201002,55878.394.39$11,226
Feb 201002,26473.585.44$12,322
Jan 201002,60874.365.96$15,554
Dec 200902,74471.445.48$15,047
Nov 20091112,71474.593.75$18,461
Oct 200902,72572.544.11$11,200
Sep 200902,53165.543.06$7,757
Aug 200902,14967.423.22$6,917
Jul 200902,48461.133.46$8,606
Jun 200901,99266.163.90$7,759
May 200902,15154.743.93$8,444
Apr 200902,15946.773.59$7,745
Mar 200902,97942.144.06$12,092
Feb 200902,46132.814.63$11,402
Jan 200902,43335.865.37$13,068
Dec 200802,24337.105.98$13,407
Nov 200802,55355.496.86$17,515
Oct 200802,65575.246.92$18,378
Sep 200802,879101.767.88$22,678
Aug 200803,233114.228.48$27,426
Jul 200802,520131.0811.39$28,701
Jun 20081572,405131.3313.03$51,962
May 200802,819123.1711.57$32,628
Apr 200802,620110.3110.45$27,392
Mar 200803,513101.909.66$33,950
Feb 200803,94892.538.77$34,626
Jan 200804,58390.388.21$37,607
Dec 200704,98088.337.30$36,364
Nov 200704,89891.677.29$35,715
Oct 200706,13482.856.92$42,459
Sep 200707,31875.846.24$45,695
Aug 200706,43269.066.39$41,087
Jul 20071537,29070.906.39$57,416
Jun 200707,61262.007.55$57,459
May 2007047958.747.85$3,758
Apr 200704,04459.617.81$31,564
Mar 200705,62856.927.30$41,095
Feb 200703,98755.108.22$32,757
Jan 200707,49650.306.73$50,424
Dec 200608,76756.656.92$60,654
Nov 2006810,31054.207.62$78,970

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           130 bbl  × $106.41 =    $13,833
Gas                  722 Mcf  × $  3.05 =     $2,199

────────────────────────────────────────────────────
Month total                                  $16,032

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/223215 is the state's own key, not one this site invented.