DOLLAR GAS UNIT 1

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 242725District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Aug 2008 – Feb 2018
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
115
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 Gas112009-01-23186098
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
CondensateDisposition6,343 bbl$468,683
GasProduction640,227 Mcf$3,021,771
Total$3,490,454

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 32.1510, -94.8579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15101, -94.85791 · 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
11,127 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 11,127 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-40134796911,127 ftFeb 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 (115)

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

115 months

Feb 201840961.782.77$2,496
Jan 2018139462.874.01$1,643
Dec 2017070157.272.92$2,048
Nov 201721,38755.423.12$4,436
Oct 2017171249.292.98$2,174
Sep 201715265447.523.09$9,242
Aug 201721,31945.373.00$4,054
Jul 201701,55643.873.09$4,804
Jun 201721,53342.493.09$4,818
May 201711,25945.373.26$4,154
Apr 2017018447.933.21$591
Mar 2017113446.772.98$447
Feb 2017038050.452.95$1,122
Jan 2017051449.413.42$1,757
Dec 201601,10248.763.72$4,103
Nov 201611,48142.492.64$3,959
Oct 201601,64146.193.09$5,071
Sep 201611,62841.553.10$5,089
Aug 201611,67841.442.92$4,948
Jul 201601,79141.622.92$5,237
Jun 201611,81445.352.69$4,917
May 20161761,72142.521.99$10,910
Apr 201602,23536.561.99$4,450
Mar 201612,50533.011.79$4,527
Feb 201601,77126.472.06$3,655
Jan 201601,77827.352.36$4,204
Dec 201512,13632.362.00$4,307
Nov 20151792,33138.792.17$11,995
Oct 201512,50543.552.43$6,122
Sep 201512,36442.992.76$6,564
Aug 201512,15840.162.87$6,239
Jul 201513,00848.152.95$8,907
Jun 201523,20656.152.88$9,355
May 201523,06355.212.96$9,163
Apr 2015185749.822.71$2,369
Mar 2015034842.892.93$1,021
Feb 201502,88144.662.98$8,574
Jan 201503,68643.433.10$11,429
Dec 2014883,98354.693.59$19,117
Nov 201402,09470.464.25$8,903
Oct 201403,61278.303.90$14,090
Sep 201403,62186.164.05$14,649
Aug 20141523,88489.394.04$29,260
Jul 201414,08296.564.18$17,158
Jun 201403,89898.164.74$18,464
May 201404,27194.734.73$20,187
Apr 201404,28395.944.81$20,597
Mar 20141623,56495.895.06$33,557
Feb 201403,81097.406.19$23,592
Jan 201403,85490.404.86$18,733
Dec 201303,94791.824.35$17,187
Nov 201303,52088.853.74$13,159
Oct 20131664,51797.423.78$33,243
Sep 201303,893104.113.72$14,473
Aug 201304,550104.253.52$16,028
Jul 201314,659102.523.72$17,423
Jun 20131764,21094.403.93$33,174
May 20130094.834.15$0
Apr 201314,38393.964.28$18,865
Mar 20131834,65793.623.91$35,355
Feb 201303,81591.233.42$13,047
Jan 201314,57391.603.42$15,731
Dec 20121824,65286.773.42$31,703
Nov 201214,68486.953.62$17,066
Oct 2012124,94289.383.40$17,874
Sep 201214,82294.672.92$14,167
Aug 201225,16592.662.91$15,206
Jul 20121935,23785.133.02$32,250
Jun 201295,05079.822.52$13,440
May 201265,40291.612.49$13,992
Apr 201275,189101.652.00$11,073
Mar 20121905,426105.052.22$32,017
Feb 201265,120101.102.57$13,766
Jan 201215,52698.092.73$15,207
Dec 201105,53596.873.24$17,932
Nov 20111503,41995.723.31$25,679
Oct 2011136584.983.65$1,417
Sep 2011059883.623.99$2,384
Aug 2011039483.404.15$1,635
Jul 201191,15294.144.52$6,051
Jun 201121,85492.904.64$8,788
May 2011066798.134.40$2,938
Apr 201132,188105.964.33$9,799
Mar 20111905,36996.364.06$40,092
Feb 201135,37285.644.18$22,712
Jan 201106,74886.504.59$30,965
Dec 20101937,53485.734.35$49,302
Nov 201046,07080.843.80$23,361
Oct 201006,97478.103.51$24,471
Sep 201017,04772.633.98$28,116
Aug 20101847,54573.684.42$46,901
Jul 201087,84972.554.74$37,757
Jun 201038,38970.364.91$41,404
May 20101877,50171.124.24$45,068
Apr 201087,88681.694.12$33,165
Mar 20101918,40578.394.39$51,859
Feb 201077,93273.585.44$43,684
Jan 20101918,95674.365.96$67,617
Dec 200979,48371.445.48$52,502
Nov 20091949,53874.593.75$50,252
Oct 2009910,07572.544.11$42,064
Sep 200917410,24965.543.06$42,815
Aug 2009211,04367.423.22$35,677
Jul 200918311,52061.133.46$51,098
Jun 200919311,80866.163.90$58,761
May 2009412,93854.743.93$51,010
Apr 200918613,50546.773.59$57,148
Mar 200919814,95342.144.06$69,038
Feb 200919714,51732.814.63$73,721
Jan 200919017,76835.865.37$102,245
Dec 20081218,96137.105.98$113,778
Nov 200839222,95255.496.86$179,211
Oct 200837730,75975.246.92$241,279
Sep 200836744,750101.767.88$389,846
Aug 200821036,340114.228.48$332,259

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.

Feb 2018 — as filed, then multipliedworked
Condensate            40 bbl  × $ 61.78 =     $2,471
Gas                    9 Mcf  × $  2.77 =        $25

────────────────────────────────────────────────────
Month total                                   $2,496

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/242725 is the state's own key, not one this site invented.