SWEPCO GAS UNIT

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

Gas lease lease 230224District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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: FIELD. EFFECTIVE 4/12/16.

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 Gas112008-01-29180299
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
CondensateDisposition2,468 bbl$193,329
GasProduction483,656 Mcf$2,672,768
Total$2,866,097

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 32.4461, -94.5505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44610, -94.55048 · 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
10,686 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 10,686 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-203339041210,686 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202004538.371.83$82
Jun 2020051434.901.69$869
May 2020026716.921.81$485
Apr 2020023414.751.80$422
Mar 2020052330.341.86$971
Feb 2020023749.881.98$469
Jan 2020034757.252.09$727
Dec 2019035859.012.30$825
Nov 2019033855.302.75$930
Oct 2019057953.472.42$1,400
Sep 2019068555.052.66$1,820
Aug 2019072253.112.30$1,664
Jul 2019047556.272.46$1,169
Jun 2019016752.782.49$416
May 2019032158.482.74$880
Apr 2019033862.632.75$930
Mar 2019048556.803.06$1,485
Feb 2019023150.852.79$645
Jan 2019129246.033.23$989
Dec 2018033046.594.19$1,381
Nov 2018128552.934.24$1,261
Oct 2018129361.443.40$1,057
Sep 2018031759.543.11$985
Aug 2018036959.403.07$1,132
Jul 2018131965.142.93$1,000
Jun 2018133060.183.08$1,076
May 2018141865.382.90$1,278
Apr 2018045563.842.90$1,320
Mar 2018045861.222.79$1,276
Feb 2018111761.782.77$385
Jan 2018128462.874.01$1,202
Dec 2017154757.272.92$1,655
Nov 2017080855.423.12$2,520
Oct 201711,23549.292.98$3,734
Sep 2017066247.523.09$2,044
Aug 2017681945.373.00$2,733
Jul 2017087443.873.09$2,698
Jun 2017182642.493.09$2,593
May 20178277045.373.26$6,233
Apr 2017081547.933.21$2,617
Mar 2017069846.772.98$2,083
Feb 2017035950.452.95$1,060
Jan 2017079549.413.42$2,718
Dec 2016031348.763.72$1,165
Nov 20165532042.492.64$3,183
Oct 2016153446.193.09$1,696
Sep 2016027941.553.10$865
Aug 2016037441.442.92$1,094
Jul 2016136341.622.92$1,103
Jun 2016366145.352.69$1,911
May 2016270642.521.99$1,491
Apr 2016571836.561.99$1,612
Mar 2016485633.011.79$1,668
Feb 2016588326.472.06$1,955
Jan 2016688827.352.36$2,264
Dec 2015594332.362.00$2,049
Nov 2015497038.792.17$2,257
Oct 201531,03143.552.43$2,632
Sep 201501,05642.992.76$2,913
Aug 201531,15340.162.87$3,432
Jul 201531,38348.152.95$4,218
Jun 201561,17256.152.88$3,716
May 201541,26655.212.96$3,962
Apr 201561,18049.822.71$3,493
Mar 201531,29342.892.93$3,923
Feb 201521,14744.662.98$3,503
Jan 201541,16743.433.10$3,792
Dec 201451,37354.693.59$5,204
Nov 201431,46370.464.25$6,432
Oct 20141781,72178.303.90$20,651
Sep 201441,75186.164.05$7,428
Aug 201431,84089.394.04$7,693
Jul 201431,83296.564.18$7,947
Jun 201441,94298.164.74$9,592
May 201451,86294.734.73$9,275
Apr 201421,89195.944.81$9,286
Mar 201411,62595.895.06$8,313
Feb 201411,50697.406.19$9,423
Jan 201421,60390.404.86$7,973
Dec 201302,29591.824.35$9,994
Nov 201321,69988.853.74$6,529
Oct 201311,62297.423.78$6,228
Sep 201322,119104.113.72$8,086
Aug 201332,158104.253.52$7,915
Jul 20131771,562102.523.72$23,953
Jun 201301,29794.403.93$5,102
May 201301,69894.834.15$7,045
Apr 201342,38493.964.28$10,586
Mar 201352,55893.623.91$10,477
Feb 201322,20891.233.42$7,734
Jan 201372,33791.603.42$8,634
Dec 201202,63586.773.42$9,012
Nov 201242,52986.953.62$9,515
Oct 201252,63789.383.40$9,412
Sep 201212,55394.672.92$7,545
Aug 201232,75092.662.91$8,275
Jul 201232,96985.133.02$9,224
Jun 20121312,48579.822.52$16,716
May 201242,78291.612.49$7,289
Apr 201222,664101.652.00$5,523
Mar 201222,466105.052.22$5,690
Feb 201252,419101.102.57$6,723
Jan 201203,03098.092.73$8,284
Dec 201103,02596.873.24$9,800
Nov 201103,02995.723.31$10,030
Oct 201103,13784.983.65$11,445
Sep 201103,17283.623.99$12,643
Aug 20111843,12383.404.15$28,304
Jul 201103,05094.144.52$13,778
Jun 201103,13692.904.64$14,551
May 201104,59098.134.40$20,218
Apr 201104,637105.964.33$20,093
Mar 201104,84796.364.06$19,666
Feb 201104,31685.644.18$18,041
Jan 201104,85286.504.59$22,265
Dec 201004,95285.734.35$21,530
Nov 201004,59880.843.80$17,451
Oct 201004,74878.103.51$16,660
Sep 201004,40972.633.98$17,545
Aug 201004,92673.684.42$21,770
Jul 201004,77672.554.74$22,621
Jun 201004,28070.364.91$21,017
May 20101893,83271.124.24$29,671
Apr 201003,95881.694.12$16,318
Mar 201004,19778.394.39$18,419
Feb 201003,81073.585.44$20,735
Jan 201004,32574.365.96$25,795
Dec 200904,24071.445.48$23,251
Nov 200904,59474.593.75$17,234
Oct 200904,68672.544.11$19,261
Sep 200904,76265.543.06$14,594
Aug 200904,76667.423.22$15,339
Jul 200904,94561.133.46$17,132
Jun 20091844,77566.163.90$30,772
May 200904,83854.743.93$18,993
Apr 200904,92646.773.59$17,672
Mar 200905,38042.144.06$21,837
Feb 200904,82032.814.63$22,331
Jan 200905,78235.865.37$31,055
Dec 20081876,03737.105.98$43,022
Nov 200805,79555.496.86$39,756
Oct 200806,51675.246.92$45,104
Sep 200806,730101.767.88$53,013
Aug 200807,207114.228.48$61,137
Jul 200807,993131.0811.39$91,036
Jun 200808,417131.3313.03$109,696
May 20081857,256123.1711.57$106,770
Apr 200807,560110.3110.45$79,039
Mar 200808,097101.909.66$78,250
Feb 20081868,49892.538.77$91,743
Jan 200809,18990.388.21$75,402
Dec 2007010,90088.337.30$79,591
Nov 200718411,85591.677.29$103,310
Oct 200718713,24982.856.92$107,202
Sep 2007017,31375.846.24$108,105
Aug 200718424,17769.066.39$167,148
Jul 2007041,56070.906.39$265,483
Jun 200701,80662.007.55$13,633

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.

Jul 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.37 =         $0
Gas                   45 Mcf  × $  1.83 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/230224 is the state's own key, not one this site invented.