KEY, BEATRICE GAS UNIT

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

Gas lease lease 236976District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Mar 2008 – Aug 2018
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
126
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
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 2010-11-02.

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 Gas112008-08-14182896
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
CondensateDisposition1,668 bbl$141,662
GasProduction276,245 Mcf$1,522,604
Total$1,664,266

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 32.6820, -94.2340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68204, -94.23399 · 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
0.0%
0 of 1 wells
Median depth
9,874 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
1100.0%
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.
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 9,874 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-2033427279,874 ftJul 2018Yes

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 (126)

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

126 months

Aug 201823059.403.07$1,366
Jul 20181165.142.93$68
Jun 2018039460.183.08$1,212
May 2018041165.382.90$1,192
Apr 2018158463.842.90$1,758
Mar 201815959161.222.79$11,381
Feb 2018062761.782.77$1,734
Jan 2018074062.874.01$2,967
Dec 2017071457.272.92$2,086
Nov 2017080355.423.12$2,504
Oct 2017082149.292.98$2,450
Sep 2017085647.523.09$2,643
Aug 2017078445.373.00$2,355
Jul 2017080943.873.09$2,498
Jun 2017073142.493.09$2,257
May 2017175445.373.26$2,506
Apr 2017069747.933.21$2,238
Mar 2017086046.772.98$2,566
Feb 2017067350.452.95$1,987
Jan 2017071049.413.42$2,427
Dec 2016089048.763.72$3,313
Nov 2016079542.492.64$2,102
Oct 2016088546.193.09$2,735
Sep 201601,01441.553.10$3,144
Aug 2016092941.442.92$2,717
Jul 2016075741.622.92$2,214
Jun 2016067345.352.69$1,808
May 2016071342.521.99$1,420
Apr 2016067336.561.99$1,340
Mar 2016073333.011.79$1,315
Feb 2016077126.472.06$1,591
Jan 2016084527.352.36$1,998
Dec 2015095532.362.00$1,911
Nov 201501,04138.792.17$2,256
Oct 201511,14343.552.43$2,817
Sep 201501,10542.992.76$3,048
Aug 201501,04840.162.87$3,010
Jul 201501,13448.152.95$3,340
Jun 201501,12156.152.88$3,232
May 201501,08155.212.96$3,195
Apr 2015251,02049.822.71$4,006
Mar 201511,17842.892.93$3,500
Feb 201501,03744.662.98$3,086
Jan 201501,16043.433.10$3,597
Dec 201401,16554.693.59$4,184
Nov 201401,14770.464.25$4,877
Oct 201401,14878.303.90$4,478
Sep 201401,12986.164.05$4,567
Aug 201401,19689.394.04$4,826
Jul 2014311,20296.564.18$8,017
Jun 201401,13098.164.74$5,353
May 201411,32094.734.73$6,334
Apr 201411,21495.944.81$5,934
Mar 2014451,35295.895.06$11,152
Feb 201421,27497.406.19$8,083
Jan 201421,31090.404.86$6,548
Dec 201311,34291.824.35$5,936
Nov 201311,35088.853.74$5,136
Oct 201301,43397.423.78$5,416
Sep 201301,448104.113.72$5,383
Aug 201311,601104.253.52$5,744
Jul 201311,742102.523.72$6,579
Jun 201331,27094.403.93$5,279
May 201301,60194.834.15$6,643
Apr 201311,51493.964.28$6,578
Mar 201311,69593.623.91$6,726
Feb 201311,56191.233.42$5,430
Jan 201301,64991.603.42$5,639
Dec 201211,54086.773.42$5,354
Nov 201201,65486.953.62$5,996
Oct 201251,78189.383.40$6,502
Sep 201211,76494.672.92$5,243
Aug 201261,90492.662.91$6,093
Jul 201211,92385.133.02$5,894
Jun 201211,88479.822.52$4,826
May 201261,98091.612.49$5,477
Apr 201211,922101.652.00$3,940
Mar 201251,982105.052.22$4,929
Feb 201251,892101.102.57$5,368
Jan 20121002,09698.092.73$15,540
Dec 201162,13996.873.24$7,511
Nov 201152,18995.723.31$7,727
Oct 201112,37284.983.65$8,739
Sep 201142,36383.623.99$9,753
Aug 201162,63283.404.15$11,421
Jul 201142,82094.144.52$13,115
Jun 201152,87792.904.64$13,813
May 201132,40798.134.40$10,897
Apr 201182,024105.964.33$9,618
Mar 2011152,31196.364.06$10,822
Feb 20111952,13485.644.18$25,620
Jan 201142,52186.504.59$11,914
Dec 201002,34885.734.35$10,209
Nov 201002,03780.843.80$7,731
Oct 201002,36178.103.51$8,284
Sep 201002,48172.633.98$9,873
Aug 201002,26573.684.42$10,010
Jul 201002,43172.554.74$11,514
Jun 201012,96470.364.91$14,625
May 201003,02971.124.24$12,828
Apr 20101682,51481.694.12$24,088
Mar 201013,06678.394.39$13,534
Feb 201002,28573.585.44$12,436
Jan 201002,72474.365.96$16,246
Dec 200902,85971.445.48$15,678
Nov 200933,19074.593.75$12,191
Oct 200913,25072.544.11$13,431
Sep 200903,35765.543.06$10,288
Aug 200903,32267.423.22$10,692
Jul 20091883,27661.133.46$22,842
Jun 200903,69666.163.90$14,396
May 20091664,27954.743.93$25,885
Apr 200904,43046.773.59$15,893
Mar 200904,79242.144.06$19,451
Feb 200954,54432.814.63$21,216
Jan 2009145,13935.865.37$28,104
Dec 200815,55237.105.98$33,222
Nov 200855,89955.496.86$40,747
Oct 200826,55275.246.92$45,503
Sep 20081926,776101.767.88$72,913
Aug 200837,648114.228.48$65,221
Jul 200888,543131.0811.39$98,349
Jun 20081929,209131.3313.03$145,233
May 20081211,204123.1711.57$131,156
Apr 2008113,935110.3110.45$145,799
Mar 2008135,123101.909.66$50,834

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.

Aug 2018 — as filed, then multipliedworked
Condensate            23 bbl  × $ 59.40 =     $1,366
Gas                    0 Mcf  × $  3.07 =         $0

────────────────────────────────────────────────────
Month total                                   $1,366

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/236976 is the state's own key, not one this site invented.