MCNATT

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) in the WOODLAWN, SW. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230228District 06Field 985704002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jul 2007 – Dec 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
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 68 leases and 68 wells, and the rule below applies to all of them.

Discovered
1977-10-20
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 20 acres. The field rule took effect on 2014-11-13.

The Commission's schedule remark for this field reads: ADOPTED, BUT REMAINS SUSPENDED.

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 Gas112008-01-29180297
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
CondensateDisposition4,801 bbl$272,141
GasProduction184,284 Mcf$946,695
Total$1,218,836

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 32.5558, -94.4383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55584, -94.43834 · 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
10,375 ft
1 wells filed one
Completion to plug
14.5 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 10,375 ft.

Completions filed
Jul 2007
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 14.5 years across the 1 well that filed both dates, with the middle half between 14.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20333934110,375 ftJul 2007Jan 2022Yes

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 (174)

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

174 months

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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20191159.012.30$61
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20191158.482.74$61
Apr 20190462.632.75$11
Mar 201901256.803.06$37
Feb 201901350.852.79$36
Jan 20190046.033.23$0
Dec 20180646.594.19$25
Nov 20180852.934.24$34
Oct 2018613661.443.40$831
Sep 2018610959.543.11$696
Aug 201835659.403.07$350
Jul 2018719865.142.93$1,036
Jun 201859860.183.08$602
May 20181222165.382.90$1,426
Apr 20182849663.842.90$3,226
Mar 20181621961.222.79$1,590
Feb 20182649261.782.77$2,967
Jan 20182447062.874.01$3,393
Dec 20174957357.272.92$4,480
Nov 20174446255.423.12$3,879
Oct 20175046349.292.98$3,846
Sep 201714147847.523.09$8,176
Aug 201714340545.373.00$7,705
Jul 201715034343.873.09$7,639
Jun 201715844442.493.09$8,084
May 201716953645.373.26$9,417
Apr 201720460047.933.21$11,705
Mar 20176455246.772.98$4,640
Feb 20176356350.452.95$4,841
Jan 20176748249.413.42$4,958
Dec 20167122848.763.72$4,311
Nov 20168018842.492.64$3,896
Oct 201619112746.193.09$9,215
Sep 201616160441.553.10$8,562
Aug 201616871441.442.92$9,050
Jul 201616192641.622.92$9,409
Jun 201616192645.352.69$9,788
May 201616979042.521.99$8,759
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016293227.352.36$869
Dec 201521518032.362.00$7,318
Nov 201573938.792.17$356
Oct 2015613343.552.43$584
Sep 2015434142.992.76$1,113
Aug 201541,07140.162.87$3,237
Jul 2015571548.152.95$2,346
Jun 2015463056.152.88$2,041
May 2015550355.212.96$1,763
Apr 2015590949.822.71$2,709
Mar 2015695242.892.93$3,051
Feb 2015683744.662.98$2,759
Jan 201571,05143.433.10$3,563
Dec 2014784054.693.59$3,400
Nov 2014681170.464.25$3,871
Oct 2014689478.303.90$3,957
Sep 201461,35286.164.05$5,986
Aug 201471,03689.394.04$4,806
Jul 2014670896.564.18$3,539
Jun 2014775998.164.74$4,282
May 2014771694.734.73$4,047
Apr 2014962895.944.81$3,884
Mar 20141061995.895.06$4,089
Feb 2014975497.406.19$5,545
Jan 20141183590.404.86$5,053
Dec 20131075391.824.35$4,197
Nov 20131060088.853.74$3,131
Oct 20131167797.423.78$3,630
Sep 20138795104.113.72$3,788
Aug 201310759104.253.52$3,716
Jul 201310863102.523.72$4,234
Jun 2013990894.403.93$4,421
May 20131091394.834.15$4,736
Apr 20131282093.964.28$4,639
Mar 2013201,12493.623.91$6,270
Feb 201312393191.233.42$14,405
Jan 201313087391.603.42$14,894
Dec 201211395086.773.42$13,054
Nov 20128698286.953.62$11,037
Oct 2012521,07089.383.40$8,285
Sep 2012098794.672.92$2,880
Aug 201201,04892.662.91$3,048
Jul 201201,07685.133.02$3,250
Jun 201201,01179.822.52$2,547
May 201201,14191.612.49$2,839
Apr 201201,101101.652.00$2,198
Mar 201201,378105.052.22$3,062
Feb 201201,594101.102.57$4,097
Jan 201201,43098.092.73$3,910
Dec 201101,41696.873.24$4,587
Nov 201101,41795.723.31$4,692
Oct 201101,13084.983.65$4,123
Sep 201101,14183.623.99$4,548
Aug 2011361,38883.404.15$8,762
Jul 201101,46094.144.52$6,595
Jun 201101,33192.904.64$6,176
May 201101,20098.134.40$5,286
Apr 201101,138105.964.33$4,931
Mar 201101,01396.364.06$4,110
Feb 201101,15085.644.18$4,807
Jan 201101,22686.504.59$5,626
Dec 201001,38685.734.35$6,026
Nov 201031,34880.843.80$5,359
Oct 201031,44178.103.51$5,291
Sep 201031,33472.633.98$5,527
Aug 201021,40073.684.42$6,334
Jul 201032,25072.554.74$10,875
Jun 201041,84670.364.91$9,346
May 201041,70971.124.24$7,522
Apr 201071,52381.694.12$6,851
Mar 201051,76478.394.39$8,134
Feb 201041,26473.585.44$7,173
Jan 2010077174.365.96$4,598
Dec 200902,40471.445.48$13,183
Nov 200952,44674.593.75$9,549
Oct 2009672,59372.544.11$15,518
Sep 2009673,05565.543.06$13,754
Aug 2009792,62167.423.22$13,762
Jul 2009852,49461.133.46$13,837
Jun 20092253266.163.90$3,528
May 2009482,22854.743.93$11,374
Apr 2009622,95946.773.59$13,515
Mar 2009713,30542.144.06$16,407
Feb 2009411,90032.814.63$10,148
Jan 2009552,60135.865.37$15,942
Dec 2008562,64837.105.98$17,905
Nov 2008412,66755.496.86$20,572
Oct 2008112,60575.246.92$18,859
Sep 2008102,241101.767.88$18,670
Aug 2008102,756114.228.48$24,521
Jul 200871,718131.0811.39$20,485
Jun 200861,544131.3313.03$20,910
May 200861,671123.1711.57$20,080
Apr 200881,749110.3110.45$19,168
Mar 200802,011101.909.66$19,434
Feb 2008142,52592.538.77$23,441
Jan 2008194,32490.388.21$37,199
Dec 2007183,58688.337.30$27,775
Nov 2007172,63791.677.29$20,787
Oct 2007564,10382.856.92$33,040
Sep 2007796,49075.846.24$46,516
Aug 200710211,52569.066.39$80,665
Jul 20075811,22770.906.39$75,830

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.

Dec 2019 — as filed, then multipliedworked
Condensate             1 bbl  × $ 59.01 =        $59
Gas                    1 Mcf  × $  2.30 =         $2

────────────────────────────────────────────────────
Month total                                      $61

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/230228 is the state's own key, not one this site invented.