GRAY GU 1

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 234762District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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 Gas112008-06-13183422
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
CondensateDisposition3,721 bbl$307,238
GasProduction480,816 Mcf$2,525,543
Total$2,832,781

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 32.1603, -94.8388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16027, -94.83881 · 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
10,900 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 10,900 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-40134351310,900 ftAug 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 (226)

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

226 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 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 20190059.012.30$0
Nov 201909455.302.75$259
Oct 20190053.472.42$0
Sep 201903355.052.66$88
Aug 2019110453.112.30$293
Jul 201902656.272.46$64
Jun 2019010652.782.49$264
May 201917958.482.74$275
Apr 2019015762.632.75$432
Mar 2019032156.803.06$983
Feb 2019137350.852.79$1,092
Jan 2019536646.033.23$1,412
Dec 2018213846.594.19$671
Nov 2018167452.934.24$2,909
Oct 2018042061.443.40$1,427
Sep 2018017859.543.11$553
Aug 2018168959.403.07$2,172
Jul 2018164065.142.93$1,942
Jun 2018148160.183.08$1,540
May 2018071765.382.90$2,080
Apr 20180063.842.90$0
Mar 2018247861.222.79$1,455
Feb 2018049261.782.77$1,361
Jan 2018026062.874.01$1,042
Dec 2017140457.272.92$1,238
Nov 20170055.423.12$0
Oct 201703649.292.98$107
Sep 2017031147.523.09$960
Aug 2017151245.373.00$1,584
Jul 2017056643.873.09$1,747
Jun 2017027142.493.09$837
May 2017045345.373.26$1,478
Apr 2017059447.933.21$1,908
Mar 2017037846.772.98$1,128
Feb 2017010050.452.95$295
Jan 2017058049.413.42$1,983
Dec 2016097248.763.72$3,619
Nov 2016038442.492.64$1,015
Oct 2016040146.193.09$1,239
Sep 2016044441.553.10$1,377
Aug 2016177341.442.92$2,302
Jul 201601,03541.622.92$3,027
Jun 2016183045.352.69$2,275
May 201611,07142.521.99$2,175
Apr 201601,66436.561.99$3,313
Mar 201611,61033.011.79$2,921
Feb 201601,15226.472.06$2,377
Jan 201601,04027.352.36$2,459
Dec 2015751,75332.362.00$5,935
Nov 201501,66738.792.17$3,613
Oct 201511,59043.552.43$3,902
Sep 201511,36942.992.76$3,819
Aug 201511,68640.162.87$4,883
Jul 201501,65248.152.95$4,865
Jun 201502,05656.152.88$5,927
May 201502,16655.212.96$6,402
Apr 201521,85549.822.71$5,120
Mar 201521,71142.892.93$5,107
Feb 20151641,85544.662.98$12,845
Jan 201513,00743.433.10$9,367
Dec 201402,29454.693.59$8,239
Nov 2014093570.464.25$3,975
Oct 201412,04578.303.90$8,056
Sep 201412,22886.164.05$9,099
Aug 201401,81989.394.04$7,340
Jul 201402,59896.564.18$10,859
Jun 201402,81398.164.74$13,325
May 2014642,83794.734.73$19,472
Apr 201422,27995.944.81$11,152
Mar 201403,21595.895.06$16,258
Feb 201412,92897.406.19$18,228
Jan 201402,63590.404.86$12,808
Dec 201313,30991.824.35$14,501
Nov 201313,59088.853.74$13,509
Oct 201313,09297.423.78$11,783
Sep 2013623,442104.113.72$19,251
Aug 201313,326104.253.52$11,820
Jul 201313,492102.523.72$13,085
Jun 201303,39094.403.93$13,334
May 2013903,19094.834.15$21,770
Apr 201323,14393.964.28$13,648
Mar 201313,32393.623.91$13,096
Feb 201332,53091.233.42$8,926
Jan 2013704,37091.603.42$21,357
Dec 201203,86386.773.42$13,212
Nov 201203,30886.953.62$11,991
Oct 201212,36389.383.40$8,123
Sep 201202,99094.672.92$8,726
Aug 2012933,02592.662.91$17,415
Jul 201213,19585.133.02$9,737
Jun 201203,73379.822.52$9,404
May 201203,94991.612.49$9,826
Apr 201203,393101.652.00$6,775
Mar 201213,267105.052.22$7,365
Feb 201222,797101.102.57$7,391
Jan 20121843,28798.092.73$27,035
Dec 201113,60896.873.24$11,786
Nov 201114,04995.723.31$13,503
Oct 201104,09984.983.65$14,955
Sep 201103,58583.623.99$14,289
Aug 201103,84283.404.15$15,942
Jul 201104,03194.144.52$18,209
Jun 201103,14492.904.64$14,588
May 201103,29098.134.40$14,492
Apr 201102,757105.964.33$11,947
Mar 20111742,77596.364.06$28,026
Feb 201102,39385.644.18$10,003
Jan 201164,09186.504.59$19,292
Dec 201004,81885.734.35$20,947
Nov 201013,28180.843.80$12,533
Oct 20101845,58878.103.51$33,978
Sep 201011,70472.633.98$6,854
Aug 201004,26073.684.42$18,826
Jul 201023,70872.554.74$17,708
Jun 201013,93370.364.91$19,383
May 201015,12071.124.24$21,755
Apr 201035,07881.694.12$21,180
Mar 201024,66378.394.39$20,621
Feb 20101834,22073.585.44$36,432
Jan 201024,61974.365.96$27,697
Dec 200914,35571.445.48$23,953
Nov 200915,12574.593.75$19,301
Oct 200925,72872.544.11$23,689
Sep 200916,03465.543.06$18,558
Aug 200906,29067.423.22$20,244
Jul 20091906,19261.133.46$33,067
Jun 200936,21266.163.90$24,394
May 200916,82754.743.93$26,856
Apr 200906,40846.773.59$22,989
Mar 200924,87442.144.06$19,868
Feb 20091976,18032.814.63$35,096
Jan 200946,38035.865.37$34,410
Dec 200807,95737.105.98$47,560
Nov 20081906,27955.496.86$53,619
Oct 200897,22275.246.92$50,668
Sep 200808,163101.767.88$64,301
Aug 200858,142114.228.48$69,640
Jul 20081979,048131.0811.39$128,874
Jun 200806,817131.3313.03$88,843
May 20081927,199123.1711.57$106,972
Apr 200896,974110.3110.45$73,905
Mar 20081838,065101.909.66$96,588
Feb 200847,34592.538.77$64,790
Jan 20081827,45690.388.21$77,631
Dec 20071809,44788.337.30$84,881
Nov 200717212,05791.677.29$103,683
Oct 200718115,83982.856.92$124,633
Sep 200739626,27275.846.24$194,079
Aug 2007410,50669.066.39$67,388

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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                   94 Mcf  × $  2.75 =       $259

────────────────────────────────────────────────────
Month total                                     $259

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/234762 is the state's own key, not one this site invented.