VIPER #2

Name: VIPER #2 lease production and value, Jan 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 228903District 06Field 617921112 tax incentive programmesCondensateGasSave Export

Value, all time

$4.1 M

Jan 2007 – Sep 2022

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

189

no gaps in the span

Streams

condensate, gas

The MINDEN (COTTON VALLEY CONS.) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-08-28	176719
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,515 bbl	$196,680
Gas	Production	683,246 Mcf	$3,907,814
Total			$4,104,494

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 32.1031, -94.7612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10313, -94.76117 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,950 ft

1 wells filed one

Completion to plug

15.8 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 10,950 ft.

Completions filed

Jan 2007

1 of 1 wells

Plug dates filed

Oct 2022

1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-40133954	9	10,950 ft	Jan 2007	Oct 2022	Yes

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 (189)

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

189 months


Sep 2022	0	137	84.88	8.16	$1,118
Aug 2022	0	125	94.52	9.13	$1,141
Jul 2022	0	86	101.58	7.54	$649
Jun 2022	0	92	115.09	7.98	$734
May 2022	0	106	109.37	8.43	$894
Apr 2022	0	134	104.22	6.84	$916
Mar 2022	0	147	108.88	5.08	$746
Feb 2022	0	155	91.05	4.86	$753
Jan 2022	0	197	81.84	4.54	$894
Dec 2021	0	235	71.32	3.90	$916
Nov 2021	0	497	77.43	5.24	$2,603
Oct 2021	0	937	79.79	5.71	$5,354
Sep 2021	0	370	69.86	5.35	$1,980
Aug 2021	0	376	66.02	4.22	$1,587
Jul 2021	0	317	70.78	3.98	$1,262
Jun 2021	0	339	69.49	3.38	$1,146
May 2021	0	383	63.48	3.02	$1,156
Apr 2021	0	423	60.36	2.76	$1,167
Mar 2021	0	353	61.30	2.72	$959
Feb 2021	0	249	57.80	5.55	$1,381
Jan 2021	0	444	50.41	2.81	$1,248
Dec 2020	0	536	44.64	2.68	$1,434
Nov 2020	0	449	38.77	2.71	$1,215
Oct 2020	0	407	36.97	2.48	$1,009
Sep 2020	0	412	37.09	1.99	$820
Aug 2020	0	391	39.98	2.39	$933
Jul 2020	0	374	38.37	1.83	$683
Jun 2020	0	387	34.90	1.69	$654
May 2020	0	549	16.92	1.81	$996
Apr 2020	0	250	14.75	1.80	$451
Mar 2020	0	465	30.34	1.86	$863
Feb 2020	0	758	49.88	1.98	$1,501
Jan 2020	0	819	57.25	2.09	$1,716
Dec 2019	0	1,119	59.01	2.30	$2,579
Nov 2019	0	1,296	55.30	2.75	$3,565
Oct 2019	0	1,544	53.47	2.42	$3,734
Sep 2019	0	1,381	55.05	2.66	$3,670
Aug 2019	0	1,530	53.11	2.30	$3,526
Jul 2019	0	1,537	56.27	2.46	$3,781
Jun 2019	0	1,300	52.78	2.49	$3,239
May 2019	0	1,554	58.48	2.74	$4,258
Apr 2019	0	1,343	62.63	2.75	$3,694
Mar 2019	0	1,508	56.80	3.06	$4,618
Feb 2019	0	1,455	50.85	2.79	$4,063
Jan 2019	0	1,822	46.03	3.23	$5,882
Dec 2018	0	1,785	46.59	4.19	$7,471
Nov 2018	0	1,739	52.93	4.24	$7,369
Oct 2018	0	1,668	61.44	3.40	$5,668
Sep 2018	0	1,647	59.54	3.11	$5,119
Aug 2018	0	1,528	59.40	3.07	$4,686
Jul 2018	0	1,511	65.14	2.93	$4,430
Jun 2018	0	1,485	60.18	3.08	$4,569
May 2018	0	1,337	65.38	2.90	$3,878
Apr 2018	0	1,415	63.84	2.90	$4,105
Mar 2018	0	1,602	61.22	2.79	$4,465
Feb 2018	0	1,462	61.78	2.77	$4,044
Jan 2018	0	1,755	62.87	4.01	$7,036
Dec 2017	0	1,765	57.27	2.92	$5,156
Nov 2017	0	1,714	55.42	3.12	$5,345
Oct 2017	0	1,727	49.29	2.98	$5,153
Sep 2017	0	1,585	47.52	3.09	$4,893
Aug 2017	0	1,628	45.37	3.00	$4,891
Jul 2017	0	1,708	43.87	3.09	$5,273
Jun 2017	0	1,675	42.49	3.09	$5,171
May 2017	0	1,755	45.37	3.26	$5,727
Apr 2017	0	1,603	47.93	3.21	$5,148
Mar 2017	0	1,710	46.77	2.98	$5,102
Feb 2017	0	1,642	50.45	2.95	$4,848
Jan 2017	0	1,909	49.41	3.42	$6,526
Dec 2016	0	1,940	48.76	3.72	$7,222
Nov 2016	0	1,857	42.49	2.64	$4,911
Oct 2016	0	1,831	46.19	3.09	$5,658
Sep 2016	0	1,804	41.55	3.10	$5,594
Aug 2016	0	1,827	41.44	2.92	$5,343
Jul 2016	0	1,870	41.62	2.92	$5,469
Jun 2016	0	1,795	45.35	2.69	$4,821
May 2016	0	1,998	42.52	1.99	$3,978
Apr 2016	0	1,947	36.56	1.99	$3,877
Mar 2016	0	2,094	33.01	1.79	$3,757
Feb 2016	0	2,013	26.47	2.06	$4,154
Jan 2016	0	1,925	27.35	2.36	$4,551
Dec 2015	0	2,051	32.36	2.00	$4,105
Nov 2015	0	1,988	38.79	2.17	$4,309
Oct 2015	0	2,103	43.55	2.43	$5,103
Sep 2015	0	2,028	42.99	2.76	$5,594
Aug 2015	0	2,087	40.16	2.87	$5,995
Jul 2015	3	2,146	48.15	2.95	$6,465
Jun 2015	10	2,000	56.15	2.88	$6,327
May 2015	28	2,142	55.21	2.96	$7,876
Apr 2015	32	2,269	49.82	2.71	$7,735
Mar 2015	40	2,410	42.89	2.93	$8,788
Feb 2015	34	2,220	44.66	2.98	$8,126
Jan 2015	27	2,454	43.43	3.10	$8,782
Dec 2014	17	2,455	54.69	3.59	$9,747
Nov 2014	24	2,405	70.46	4.25	$11,917
Oct 2014	24	2,451	78.30	3.90	$11,440
Sep 2014	21	2,361	86.16	4.05	$11,361
Aug 2014	28	2,384	89.39	4.04	$12,123
Jul 2014	22	2,328	96.56	4.18	$11,854
Jun 2014	34	2,306	98.16	4.74	$14,261
May 2014	61	2,433	94.73	4.73	$17,278
Apr 2014	50	2,431	95.94	4.81	$16,488
Mar 2014	65	2,525	95.89	5.06	$19,001
Feb 2014	34	2,168	97.40	6.19	$16,736
Jan 2014	80	2,492	90.40	4.86	$19,345
Dec 2013	68	2,593	91.82	4.35	$17,535
Nov 2013	77	2,516	88.85	3.74	$16,247
Oct 2013	53	2,611	97.42	3.78	$15,031
Sep 2013	20	2,518	104.11	3.72	$11,443
Aug 2013	27	2,721	104.25	3.52	$12,400
Jul 2013	41	2,840	102.52	3.72	$14,762
Jun 2013	25	2,732	94.40	3.93	$13,106
May 2013	28	2,795	94.83	4.15	$14,252
Apr 2013	54	2,792	93.96	4.28	$17,031
Mar 2013	14	2,827	93.62	3.91	$12,372
Feb 2013	11	2,514	91.23	3.42	$9,601
Jan 2013	0	2,758	91.60	3.42	$9,432
Dec 2012	0	2,815	86.77	3.42	$9,628
Nov 2012	0	2,715	86.95	3.62	$9,842
Oct 2012	0	2,801	89.38	3.40	$9,523
Sep 2012	0	2,707	94.67	2.92	$7,900
Aug 2012	0	2,799	92.66	2.91	$8,140
Jul 2012	15	2,808	85.13	3.02	$9,759
Jun 2012	7	2,673	79.82	2.52	$7,292
May 2012	23	2,803	91.61	2.49	$9,082
Apr 2012	0	2,953	101.65	2.00	$5,897
Mar 2012	0	3,074	105.05	2.22	$6,831
Feb 2012	0	2,997	101.10	2.57	$7,703
Jan 2012	1	3,290	98.09	2.73	$9,093
Dec 2011	1	2,891	96.87	3.24	$9,463
Nov 2011	20	2,758	95.72	3.31	$11,047
Oct 2011	0	2,604	84.98	3.65	$9,501
Sep 2011	12	2,921	83.62	3.99	$12,646
Aug 2011	2	2,501	83.40	4.15	$10,544
Jul 2011	8	2,762	94.14	4.52	$13,230
Jun 2011	5	2,786	92.90	4.64	$13,391
May 2011	6	3,083	98.13	4.40	$14,169
Apr 2011	6	2,945	105.96	4.33	$13,397
Mar 2011	10	3,276	96.36	4.06	$14,255
Feb 2011	15	3,024	85.64	4.18	$13,925
Jan 2011	14	3,371	86.50	4.59	$16,680
Dec 2010	7	3,528	85.73	4.35	$15,939
Nov 2010	9	3,369	80.84	3.80	$13,514
Oct 2010	9	3,605	78.10	3.51	$13,352
Sep 2010	9	3,459	72.63	3.98	$14,419
Aug 2010	11	3,735	73.68	4.42	$17,317
Jul 2010	12	3,776	72.55	4.74	$18,756
Jun 2010	19	3,714	70.36	4.91	$19,574
May 2010	11	3,866	71.12	4.24	$17,156
Apr 2010	15	3,848	81.69	4.12	$17,089
Mar 2010	21	4,058	78.39	4.39	$19,455
Feb 2010	17	3,691	73.58	5.44	$21,339
Jan 2010	18	4,146	74.36	5.96	$26,066
Dec 2009	16	4,230	71.44	5.48	$24,339
Nov 2009	17	4,151	74.59	3.75	$16,841
Oct 2009	14	4,332	72.54	4.11	$18,821
Sep 2009	29	4,257	65.54	3.06	$14,947
Aug 2009	15	4,531	67.42	3.22	$15,594
Jul 2009	16	4,438	61.13	3.46	$16,354
Jun 2009	14	4,404	66.16	3.90	$18,080
May 2009	14	4,712	54.74	3.93	$19,264
Apr 2009	21	4,734	46.77	3.59	$17,965
Mar 2009	23	5,085	42.14	4.06	$21,609
Feb 2009	15	4,725	32.81	4.63	$22,383
Jan 2009	21	5,425	35.86	5.37	$29,891
Dec 2008	24	5,565	37.10	5.98	$34,153
Nov 2008	15	5,569	55.49	6.86	$39,038
Oct 2008	17	5,992	75.24	6.92	$42,756
Sep 2008	19	5,712	101.76	7.88	$46,927
Aug 2008	26	6,394	114.22	8.48	$57,210
Jul 2008	25	6,616	131.08	11.39	$78,629
Jun 2008	27	6,650	131.33	13.03	$90,213
May 2008	32	7,270	123.17	11.57	$88,087
Apr 2008	30	7,630	110.31	10.45	$83,080
Mar 2008	31	7,893	101.90	9.66	$79,437
Feb 2008	21	7,605	92.53	8.77	$68,643
Jan 2008	20	8,377	90.38	8.21	$70,547
Dec 2007	28	9,129	88.33	7.30	$69,133
Nov 2007	22	10,324	91.67	7.29	$77,296
Oct 2007	24	11,979	82.85	6.92	$84,907
Sep 2007	39	13,754	75.84	6.24	$88,840
Aug 2007	35	12,795	69.06	6.39	$84,151
Jul 2007	19	16,350	70.90	6.39	$105,790
Jun 2007	18	24,728	62.00	7.55	$187,774
May 2007	48	29,009	58.74	7.85	$230,432
Apr 2007	56	32,236	59.61	7.81	$254,947
Mar 2007	89	42,974	56.92	7.30	$318,861
Feb 2007	263	50,062	55.10	8.22	$425,801
Jan 2007	17	1,059	50.30	6.73	$7,979

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.

Sep 2022 — as filed, then multipliedworked

Condensate             0 bbl  × $ 84.88 =         $0
Gas                  137 Mcf  × $  8.16 =     $1,118

────────────────────────────────────────────────────
Month total                                   $1,118

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/228903 is the state's own key, not one this site invented.