POWELL, MIRIAM GAS UNIT NO. 1

Operated by SABINE OIL & GAS LLC (P-5 742142) 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 224415District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Dec 2006 – Feb 2015
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
99
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 Gas112007-10-29177843
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
CondensateDisposition1,383 bbl$116,962
GasProduction549,344 Mcf$3,453,979
Total$3,570,941

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 32.1089, -94.7452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10891, -94.74521 · 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
10,930 ft
1 wells filed one
Completion to plug
7.6 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 10,930 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40133843610,930 ftDec 2006Jul 2014Yes

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 (99)

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

99 months

Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201470089.394.04$6,257
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201311,61494.403.93$6,443
May 201312,62494.834.15$10,982
Apr 201312,61593.964.28$11,293
Mar 201302,72993.623.91$10,678
Feb 201332,52291.233.42$8,899
Jan 201312,81891.603.42$9,729
Dec 201212,74686.773.42$9,479
Nov 201202,78986.953.62$10,110
Oct 201222,92189.383.40$10,109
Sep 201202,89694.672.92$8,452
Aug 20121102,95592.662.91$18,786
Jul 201203,06785.133.02$9,265
Jun 201202,95079.822.52$7,431
May 201203,10891.612.49$7,734
Apr 201213,010101.652.00$6,112
Mar 201233,246105.052.22$7,528
Feb 201223,171101.102.57$8,352
Jan 201203,53798.092.73$9,670
Dec 201103,61296.873.24$11,702
Nov 201113,60195.723.31$12,020
Oct 201153,78584.983.65$14,235
Sep 201103,60083.623.99$14,349
Aug 201103,80183.404.15$15,772
Jul 2011133,83194.144.52$18,529
Jun 201103,58692.904.64$16,639
May 20111783,86698.134.40$34,496
Apr 201123,635105.964.33$15,963
Mar 201113,89896.364.06$15,912
Feb 2011193,48285.644.18$16,182
Jan 201103,93686.504.59$18,061
Dec 201003,93085.734.35$17,087
Nov 201003,22980.843.80$12,255
Oct 201003,83678.103.51$13,460
Sep 2010204,11172.633.98$17,812
Aug 201004,31473.684.42$19,065
Jul 201004,27972.554.74$20,267
Jun 201004,22070.364.91$20,722
May 201004,56271.124.24$19,321
Apr 201004,60281.694.12$18,973
Mar 2010144,69078.394.39$21,680
Feb 201054,39473.585.44$24,282
Jan 201005,03874.365.96$30,047
Dec 200905,05771.445.48$27,731
Nov 20092244,87874.593.75$35,008
Oct 200904,95372.544.11$20,358
Sep 200904,89465.543.06$14,999
Aug 200905,45167.423.22$17,544
Jul 200905,46461.133.46$18,930
Jun 2009105,68266.163.90$22,793
May 200906,11954.743.93$24,022
Apr 200906,08746.773.59$21,837
Mar 200906,51442.144.06$26,440
Feb 200906,02832.814.63$27,928
Jan 2009206,90235.865.37$37,788
Dec 2008116,93737.105.98$41,872
Nov 200806,75355.496.86$46,328
Oct 200807,21975.246.92$49,970
Sep 2008277,189101.767.88$59,376
Aug 200837,774114.228.48$66,290
Jul 200838,361131.0811.39$95,620
Jun 200828,231131.3313.03$107,534
May 200868,662123.1711.57$100,996
Apr 20081598,827110.3110.45$109,824
Mar 200829,518101.909.66$92,186
Feb 2008209,10692.538.77$81,716
Jan 200829,73990.388.21$80,096
Dec 2007110,13388.337.30$74,079
Nov 200719010,49291.677.29$93,922
Oct 2007211,90982.856.92$82,600
Sep 2007311,25975.846.24$70,531
Aug 2007213,01769.066.39$83,290
Jul 2007514,11470.906.39$90,514
Jun 2007317,11062.007.55$129,340
May 2007416,20158.747.85$127,353
Apr 200718518,30659.617.81$153,910
Mar 2007423,11356.927.30$168,998
Feb 2007625,93355.108.22$213,396
Jan 20073534,59550.306.73$234,476
Dec 2006029,66156.656.92$205,208

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.

Aug 2014 — as filed, then multipliedworked
Condensate            70 bbl  × $ 89.39 =     $6,257
Gas                    0 Mcf  × $  4.04 =         $0

────────────────────────────────────────────────────
Month total                                   $6,257

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/224415 is the state's own key, not one this site invented.