LAKE GAS UNIT 1

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

Gas lease lease 240163District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112008-10-16185815
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
CondensateDisposition2,971 bbl$216,571
GasProduction275,650 Mcf$1,404,543
Total$1,621,114

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 32.1349, -94.8815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13491, -94.88152 · 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
11,326 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 11,326 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-401348061011,326 ftAug 2008

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 (214)

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

214 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 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 2019111052.782.49$5,859
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017013149.413.42$448
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160833.011.79$14
Feb 201601026.472.06$21
Jan 2016159727.352.36$1,439
Dec 2015127632.362.00$585
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015035443.433.10$1,098
Dec 201402154.693.59$75
Nov 2014046270.464.25$1,964
Oct 2014038278.303.90$1,490
Sep 2014150586.164.05$2,129
Aug 201411,47689.394.04$6,045
Jul 201421,31596.564.18$5,689
Jun 201401,22498.164.74$5,798
May 201401,26094.734.73$5,955
Apr 201401,59195.944.81$7,651
Mar 2014052095.895.06$2,630
Feb 2014041997.406.19$2,594
Jan 201401,57590.404.86$7,656
Dec 201301,83991.824.35$8,008
Nov 20131641,68288.853.74$20,859
Oct 201351,92997.423.78$7,777
Sep 201302,326104.113.72$8,647
Aug 201302,171104.253.52$7,648
Jul 201301,756102.523.72$6,528
Jun 201301,24294.403.93$4,885
May 201301,90594.834.15$7,904
Apr 201311,58293.964.28$6,869
Mar 20131691,78393.623.91$22,798
Feb 201301,70291.233.42$5,821
Jan 201301,70391.603.42$5,824
Dec 201201,60186.773.42$5,476
Nov 201201,81786.953.62$6,587
Oct 201251,58189.383.40$5,822
Sep 201261,76694.672.92$5,722
Aug 201232,19792.662.91$6,667
Jul 201241,13185.133.02$3,757
Jun 201291,50679.822.52$4,512
May 20121771,96591.612.49$21,105
Apr 201231,750101.652.00$3,799
Mar 201271,901105.052.22$4,960
Feb 2012101,979101.102.57$6,098
Jan 201222,07998.092.73$5,880
Dec 201122,21596.873.24$7,370
Nov 20111652,20395.723.31$23,089
Oct 201122,26384.983.65$8,427
Sep 201122,25083.623.99$9,135
Aug 201122,26383.404.15$9,557
Jul 201142,47694.144.52$11,561
Jun 201122,37392.904.64$11,196
May 201102,55998.134.40$11,272
Apr 201102,272105.964.33$9,845
Mar 20111702,55096.364.06$26,727
Feb 201142,35285.644.18$10,174
Jan 201102,78786.504.59$12,789
Dec 201042,84485.734.35$12,708
Nov 2010102,81480.843.80$11,488
Oct 20101662,99778.103.51$23,481
Sep 201023,15972.633.98$12,716
Aug 201022,95673.684.42$13,211
Jul 2010133,43072.554.74$17,189
Jun 201053,67770.364.91$18,407
May 20101953,35671.124.24$28,082
Apr 201093,63381.694.12$15,713
Mar 201023,56678.394.39$15,807
Feb 201043,49373.585.44$19,304
Jan 201023,94774.365.96$23,689
Dec 20091794,56671.445.48$37,827
Nov 200924,21274.593.75$15,951
Oct 200974,29272.544.11$18,149
Sep 200954,40365.543.06$13,822
Aug 20091794,76167.423.22$27,391
Jul 200995,14861.133.46$18,385
Jun 200995,54966.163.90$22,209
May 20091816,15554.743.93$34,071
Apr 200965,83946.773.59$21,228
Mar 200956,83542.144.06$27,954
Feb 20091967,15932.814.63$39,598
Jan 2009329,35935.865.37$51,415
Dec 200817510,70537.105.98$70,478
Nov 200817212,81355.496.86$97,446
Oct 200816914,21175.246.92$111,084
Sep 200818422,844101.767.88$198,668
Aug 20081223,345114.228.48$199,407

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.

Jun 2019 — as filed, then multipliedworked
Condensate           111 bbl  × $ 52.78 =     $5,859
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $5,859

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/240163 is the state's own key, not one this site invented.