MARKEY #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 229498District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
228
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 Gas112007-10-29177788
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
CondensateDisposition1,394 bbl$107,741
GasProduction509,661 Mcf$2,538,725
Total$2,646,466

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 32.0835, -94.7179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08348, -94.71788 · 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
Jun 2007
1 of 1 wells

1 well

42-40133831610,950 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 (228)

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

228 months

May 20260603106.413.05$1,837
Apr 2026045698.932.87$1,309
Mar 2026046689.753.15$1,468
Feb 2026039963.503.75$1,496
Jan 2026043259.138.00$3,455
Dec 2025048056.664.41$2,118
Nov 2025041058.593.93$1,610
Oct 2025041259.383.30$1,362
Sep 2025039662.743.08$1,218
Aug 2025041463.933.01$1,248
Jul 2025054466.743.32$1,803
Jun 2025037366.483.13$1,167
May 2025040960.553.23$1,322
Apr 2025038862.363.54$1,375
Mar 2025035567.704.27$1,515
Feb 2025032770.884.34$1,419
Jan 2025043174.324.28$1,844
Dec 2024038668.993.12$1,205
Nov 2024036169.052.20$794
Oct 2024041871.372.28$954
Sep 2024044569.612.36$1,052
Aug 2024035275.632.06$726
Jul 2024048079.932.15$1,030
Jun 2024048678.082.63$1,280
May 2024056078.812.20$1,231
Apr 2024046884.451.66$777
Mar 2024055080.301.55$850
Feb 2024043176.091.78$769
Jan 2024050473.023.30$1,662
Dec 2023063571.262.61$1,658
Nov 2023047377.892.81$1,328
Oct 2023060985.443.09$1,880
Sep 2023055689.042.74$1,521
Aug 2023056080.522.67$1,497
Jul 2023065674.852.64$1,733
Jun 2023065668.962.26$1,482
May 2023072870.622.23$1,622
Apr 2023074578.122.24$1,667
Mar 2023067072.852.39$1,603
Feb 2023060775.112.47$1,497
Jan 2023080076.533.39$2,710
Dec 2022062776.415.73$3,592
Nov 2022046185.005.65$2,603
Oct 2022075987.185.86$4,451
Sep 2022070384.888.16$5,739
Aug 2022081294.529.13$7,411
Jul 20220607101.587.54$4,578
Jun 20220608115.097.98$4,850
May 20220835109.378.43$7,042
Apr 20220935104.226.84$6,393
Mar 202201,009108.885.08$5,122
Feb 2022077191.054.86$3,746
Jan 2022094681.844.54$4,293
Dec 2021086871.323.90$3,384
Nov 2021094277.435.24$4,933
Oct 2021084579.795.71$4,828
Sep 2021091569.865.35$4,896
Aug 2021095566.024.22$4,031
Jul 202101,11370.783.98$4,432
Jun 202101,03069.493.38$3,482
May 202101,19363.483.02$3,600
Apr 202101,17060.362.76$3,227
Mar 202101,27161.302.72$3,453
Feb 2021068657.805.55$3,806
Jan 202101,15050.412.81$3,232
Dec 202001,17444.642.68$3,141
Nov 202001,16838.772.71$3,161
Oct 202001,10336.972.48$2,734
Sep 202001,17737.091.99$2,343
Aug 202001,23139.982.39$2,936
Jul 202001,23238.371.83$2,249
Jun 202001,22434.901.69$2,069
May 202001,31916.921.81$2,394
Apr 202001,27814.751.80$2,306
Mar 202001,42830.341.86$2,651
Feb 202001,19549.881.98$2,367
Jan 202001,39457.252.09$2,920
Dec 201901,43559.012.30$3,307
Nov 201901,39955.302.75$3,848
Oct 201901,38653.472.42$3,352
Sep 201901,26955.052.66$3,372
Aug 201901,42253.112.30$3,277
Jul 201901,70956.272.46$4,204
Jun 2019058952.782.49$1,467
May 2019062758.482.74$1,718
Apr 2019061162.632.75$1,681
Mar 2019062756.803.06$1,920
Feb 2019050550.852.79$1,410
Jan 2019056746.033.23$1,830
Dec 2018057846.594.19$2,419
Nov 2018063352.934.24$2,682
Oct 2018069361.443.40$2,355
Sep 2018076259.543.11$2,368
Aug 2018090459.403.07$2,772
Jul 2018093465.142.93$2,738
Jun 2018093460.183.08$2,874
May 201801,02665.382.90$2,976
Apr 2018079963.842.90$2,318
Mar 2018078061.222.79$2,174
Feb 2018084561.782.77$2,337
Jan 2018071562.874.01$2,867
Dec 2017093657.272.92$2,735
Nov 201701,08555.423.12$3,383
Oct 201701,05449.292.98$3,145
Sep 201701,01147.523.09$3,121
Aug 2017095945.373.00$2,881
Jul 201701,01043.873.09$3,118
Jun 201701,27442.493.09$3,933
May 201701,36245.373.26$4,445
Apr 201701,29447.933.21$4,156
Mar 201701,25146.772.98$3,733
Feb 201701,01050.452.95$2,982
Jan 201701,09349.413.42$3,737
Dec 201601,61648.763.72$6,016
Nov 201601,54642.492.64$4,088
Oct 201601,38346.193.09$4,274
Sep 201601,45541.553.10$4,511
Aug 201601,49341.442.92$4,366
Jul 201601,59541.622.92$4,664
Jun 201601,55745.352.69$4,182
May 201601,71242.521.99$3,409
Apr 201601,77536.561.99$3,534
Mar 201601,94933.011.79$3,497
Feb 201601,84226.472.06$3,801
Jan 201601,87527.352.36$4,433
Dec 201502,06832.362.00$4,139
Nov 201501,86938.792.17$4,051
Oct 201501,97243.552.43$4,785
Sep 201501,99442.992.76$5,500
Aug 201501,98240.162.87$5,693
Jul 201501,99248.152.95$5,867
Jun 201501,68156.152.88$4,846
May 201501,97555.212.96$5,837
Apr 201502,02849.822.71$5,489
Mar 201502,11042.892.93$6,192
Feb 201501,85444.662.98$5,518
Jan 201502,16943.433.10$6,725
Dec 201402,11154.693.59$7,581
Nov 201401,90370.464.25$8,091
Oct 201401,82578.303.90$7,119
Sep 201402,03586.164.05$8,232
Aug 201401,99589.394.04$8,050
Jul 201402,08096.564.18$8,694
Jun 201402,16198.164.74$10,236
May 201402,18194.734.73$10,309
Apr 201402,13995.944.81$10,287
Mar 201402,16395.895.06$10,938
Feb 201401,98797.406.19$12,304
Jan 201402,19090.404.86$10,645
Dec 201302,14691.824.35$9,345
Nov 201302,14488.853.74$8,015
Oct 201302,25597.423.78$8,522
Sep 201302,192104.113.72$8,149
Aug 201302,440104.253.52$8,595
Jul 201302,542102.523.72$9,451
Jun 201302,38494.403.93$9,377
May 201302,49294.834.15$10,340
Apr 201302,43093.964.28$10,407
Mar 201302,50693.623.91$9,806
Feb 201302,32191.233.42$7,938
Jan 201302,77191.603.42$9,477
Dec 201202,60086.773.42$8,892
Nov 201202,70986.953.62$9,820
Oct 201202,38689.383.40$8,112
Sep 201202,60594.672.92$7,602
Aug 201202,19692.662.91$6,386
Jul 201202,55285.133.02$7,709
Jun 201202,83079.822.52$7,129
May 201202,47591.612.49$6,159
Apr 201202,679101.652.00$5,349
Mar 201222,661105.052.22$6,123
Feb 201222,532101.102.57$6,710
Jan 201252,71598.092.73$7,913
Dec 201152,71796.873.24$9,287
Nov 201112,68595.723.31$8,987
Oct 201102,74084.983.65$9,997
Sep 2011132,62683.623.99$11,554
Aug 201152,65483.404.15$11,429
Jul 2011162,91794.144.52$14,683
Jun 201172,46292.904.64$12,074
May 2011312,88598.134.40$15,750
Apr 2011112,861105.964.33$13,563
Mar 2011242,88196.364.06$14,002
Feb 201192,70785.644.18$12,086
Jan 201193,07486.504.59$14,884
Dec 2010263,27985.734.35$16,485
Nov 2010133,38080.843.80$13,879
Oct 2010123,56678.103.51$13,450
Sep 2010463,39972.633.98$16,867
Aug 201093,30873.684.42$15,282
Jul 201073,29872.554.74$16,129
Jun 2010103,18670.364.91$16,348
May 201093,41971.124.24$15,120
Apr 201073,36281.694.12$14,432
Mar 201093,58978.394.39$16,456
Feb 2010133,35573.585.44$19,216
Jan 2010313,75774.365.96$24,712
Dec 200993,75571.445.48$21,234
Nov 200973,82374.593.75$14,864
Oct 200974,11472.544.11$17,417
Sep 2009283,99665.543.06$14,082
Aug 2009124,26267.423.22$14,526
Jul 2009134,21561.133.46$15,398
Jun 200994,18166.163.90$16,880
May 2009104,50254.743.93$18,221
Apr 2009364,67846.773.59$18,466
Mar 2009175,05542.144.06$21,235
Feb 2009144,78432.814.63$22,624
Jan 2009235,62435.865.37$31,031
Dec 2008525,64837.105.98$35,688
Nov 2008175,29355.496.86$37,255
Oct 2008175,49675.246.92$39,322
Sep 2008215,072101.767.88$42,090
Aug 2008255,569114.228.48$50,097
Jul 2008215,716131.0811.39$67,855
Jun 2008235,739131.3313.03$77,815
May 2008256,121123.1711.57$73,925
Apr 2008206,091110.3110.45$65,887
Mar 2008206,512101.909.66$64,970
Feb 2008176,37892.538.77$57,512
Jan 2008437,51290.388.21$65,528
Dec 2007617,98088.337.30$63,658
Nov 2007568,73991.677.29$68,856
Oct 20072210,23682.856.92$72,676
Sep 200710411,79975.846.24$81,562
Aug 200713915,04069.066.39$105,674
Jul 20074720,93870.906.39$137,083
Jun 200714717,20862.007.55$139,008

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                  603 Mcf  × $  3.05 =     $1,837

────────────────────────────────────────────────────
Month total                                   $1,837

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/229498 is the state's own key, not one this site invented.