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GIBSON GU1

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 230634District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Apr 2007 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
230
no gaps in the span
Streams
2
condensate, gas

The OAK HILL (COTTON VALLEY) 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 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 Gas112008-02-27180242
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
CondensateDisposition289 bbl$21,245
GasProduction743,007 Mcf$3,783,874
Total$3,805,119

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 32.4343, -94.6727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43434, -94.67272 · 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
10,878 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 10,878 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-20333816110,878 ftApr 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 (230)

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

230 months

May 202606,671106.413.05$20,319
Apr 202602,90998.932.87$8,348
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 2023051189.042.74$1,398
Aug 2023076380.522.67$2,039
Jul 2023047674.852.64$1,258
Jun 202303968.962.26$88
May 20230070.622.23$0
Apr 202303878.122.24$85
Mar 2023065872.852.39$1,575
Feb 20230775.112.47$17
Jan 2023021676.533.39$732
Dec 202202476.415.73$138
Nov 202208785.005.65$491
Oct 2022010487.185.86$610
Sep 202208184.888.16$661
Aug 2022013994.529.13$1,269
Jul 202201,932101.587.54$14,571
Jun 202201,309115.097.98$10,442
May 202201,456109.378.43$12,279
Apr 202202,232104.226.84$15,262
Mar 2022332,906108.885.08$18,345
Feb 202211,86791.054.86$9,163
Jan 202212,96281.844.54$13,522
Dec 202102,05971.323.90$8,028
Nov 202102,44877.435.24$12,820
Oct 202102,63379.795.71$15,045
Sep 202102,56469.865.35$13,720
Aug 202102,53866.024.22$10,712
Jul 202102,49870.783.98$9,947
Jun 202102,26169.493.38$7,644
May 202101,27963.483.02$3,860
Apr 202101,60460.362.76$4,425
Mar 202101,41561.302.72$3,844
Feb 202101,35157.805.55$7,495
Jan 202101,11650.412.81$3,136
Dec 202001,51844.642.68$4,061
Nov 202001,75538.772.71$4,750
Oct 202022,61136.972.48$6,545
Sep 202001,63037.091.99$3,245
Aug 202001,81139.982.39$4,319
Jul 202002,05038.371.83$3,742
Jun 202001,93234.901.69$3,266
May 202011,86016.921.81$3,392
Apr 202032,11714.751.80$3,864
Mar 202061,90030.341.86$3,709
Feb 202041,81049.881.98$3,785
Jan 202032,01157.252.09$4,384
Dec 201921,46959.012.30$3,503
Nov 201932,50455.302.75$7,054
Oct 201931,96953.472.42$4,923
Sep 201921,76655.052.66$4,803
Aug 201962,87253.112.30$6,937
Jul 201931,71756.272.46$4,393
Jun 201922,13552.782.49$5,424
May 201941,96758.482.74$5,624
Apr 201941,96862.632.75$5,664
Mar 201971,72556.803.06$5,680
Feb 201951,92850.852.79$5,638
Jan 201961,93746.033.23$6,529
Dec 201832,55846.594.19$10,846
Nov 201831,98452.934.24$8,565
Oct 201871,69761.443.40$6,197
Sep 2018201,06059.543.11$4,485
Aug 201801,10959.403.07$3,401
Jul 201811,12865.142.93$3,372
Jun 201801,34960.183.08$4,151
May 201821,56365.382.90$4,665
Apr 201801,57863.842.90$4,577
Mar 201801,70161.222.79$4,740
Feb 2018097861.782.77$2,705
Jan 201801,31062.874.01$5,252
Dec 201701,42757.272.92$4,169
Nov 201711,48955.423.12$4,699
Oct 201701,25149.292.98$3,733
Sep 201721,44847.523.09$4,565
Aug 201701,63145.373.00$4,900
Jul 201701,61443.873.09$4,983
Jun 201701,96042.493.09$6,051
May 201702,11645.373.26$6,905
Apr 201701,94647.933.21$6,250
Mar 201702,35546.772.98$7,027
Feb 201702,20350.452.95$6,505
Jan 201702,42849.413.42$8,301
Dec 201602,14248.763.72$7,974
Nov 201602,28542.492.64$6,042
Oct 201602,57346.193.09$7,951
Sep 201622,28441.553.10$7,165
Aug 201602,56441.442.92$7,498
Jul 201602,41841.622.92$7,071
Jun 201602,23645.352.69$6,006
May 201602,44242.521.99$4,862
Apr 201622,23236.561.99$4,517
Mar 201602,30433.011.79$4,133
Feb 201602,40226.472.06$4,957
Jan 201602,22427.352.36$5,258
Dec 201512,27832.362.00$4,592
Nov 201512,16438.792.17$4,729
Oct 201512,37643.552.43$5,809
Sep 201512,56942.992.76$7,129
Aug 201542,53340.162.87$7,437
Jul 201502,09948.152.95$6,182
Jun 201511,43856.152.88$4,202
May 201522,13455.212.96$6,417
Apr 201513,00649.822.71$8,186
Mar 201503,19342.892.93$9,371
Feb 201502,95444.662.98$8,792
Jan 201502,84943.433.10$8,834
Dec 201412,85454.693.59$10,304
Nov 201402,33870.464.25$9,941
Oct 201402,43478.303.90$9,495
Sep 201402,45586.164.05$9,932
Aug 201412,59189.394.04$10,544
Jul 201482,95296.564.18$13,111
Jun 201402,92698.164.74$13,860
May 201412,81494.734.73$13,395
Apr 201402,20095.944.81$10,580
Mar 201412,69995.895.06$13,744
Feb 201412,65297.406.19$16,519
Jan 201411,48490.404.86$7,304
Dec 201301,40591.824.35$6,118
Nov 201302,43988.853.74$9,118
Oct 201312,93297.423.78$11,179
Sep 201302,965104.113.72$11,023
Aug 201303,458104.253.52$12,181
Jul 201313,018102.523.72$11,323
Jun 201312,94394.403.93$11,670
May 201332,89094.834.15$12,275
Apr 201313,34293.964.28$14,406
Mar 201312,98693.623.91$11,777
Feb 201312,97691.233.42$10,269
Jan 201312,95791.603.42$10,204
Dec 201203,06886.773.42$10,493
Nov 201203,33286.953.62$12,078
Oct 201203,53989.383.40$12,031
Sep 201213,40094.672.92$10,017
Aug 201203,64992.662.91$10,612
Jul 201243,93685.133.02$12,230
Jun 201234,00779.822.52$10,333
May 201203,43191.612.49$8,537
Apr 201203,760101.652.00$7,508
Mar 201203,825105.052.22$8,499
Feb 201243,958101.102.57$10,577
Jan 201204,16998.092.73$11,398
Dec 201104,83496.873.24$15,661
Nov 201144,09795.723.31$13,949
Oct 201134,03984.983.65$14,991
Sep 2011433,98083.623.99$19,459
Aug 201103,72683.404.15$15,460
Jul 201103,95694.144.52$17,870
Jun 201113,60992.904.64$16,838
May 201143,02898.134.40$13,730
Apr 201104,274105.964.33$18,520
Mar 201105,03096.364.06$20,408
Feb 201104,81985.644.18$20,143
Jan 201115,01886.504.59$23,113
Dec 201034,57685.734.35$20,152
Nov 201003,48780.843.80$13,234
Oct 201014,23878.103.51$14,949
Sep 201004,11572.633.98$16,376
Aug 201005,27573.684.42$23,312
Jul 201005,14272.554.74$24,355
Jun 201015,38770.364.91$26,523
May 201026,04471.124.24$25,740
Apr 201016,20181.694.12$25,646
Mar 201016,03778.394.39$26,573
Feb 201005,97873.585.44$32,534
Jan 201006,42174.365.96$38,295
Dec 200925,46771.445.48$30,123
Nov 200905,20374.593.75$19,519
Oct 200905,83672.544.11$23,987
Sep 200935,75665.543.06$17,837
Aug 200916,23067.423.22$20,119
Jul 200937,02061.133.46$24,504
Jun 200925,34966.163.90$20,967
May 200907,15654.743.93$28,093
Apr 200907,47946.773.59$26,831
Mar 200907,49542.144.06$30,422
Feb 200909,39532.814.63$43,527
Jan 200908,35935.865.37$44,896
Dec 200806,39937.105.98$38,248
Nov 200805,94955.496.86$40,812
Oct 200806,56375.246.92$45,429
Sep 200806,680101.767.88$52,619
Aug 200806,874114.228.48$58,312
Jul 200807,535131.0811.39$85,819
Jun 200807,959131.3313.03$103,727
May 200809,955123.1711.57$115,222
Apr 200829,097110.3110.45$95,328
Mar 200838,628101.909.66$83,687
Feb 200808,62892.538.77$75,673
Jan 200809,57590.388.21$78,570
Dec 2007110,56888.337.30$77,256
Nov 2007010,21891.677.29$74,507
Oct 2007112,62182.856.92$87,445
Sep 2007914,74375.846.24$92,740
Aug 2007417,10169.066.39$109,516
Jul 2007020,87170.906.39$133,323
Jun 2007023,91662.007.55$180,529
May 2007137,98358.747.85$298,084
Apr 200702,60759.617.81$20,348

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                6,671 Mcf  × $  3.05 =    $20,319

────────────────────────────────────────────────────
Month total                                  $20,319

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/230634 is the state's own key, not one this site invented.