STINGRAY

Operated by SABINE OIL & GAS LLC (P-5 742142) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243974District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Nov 2008 – May 2013
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
55
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112009-01-28189134
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
CondensateDisposition844 bbl$61,902
GasProduction454,440 Mcf$1,974,616
Total$2,036,518

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 32.0757, -94.7308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07571, -94.73084 · 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
10,950 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 10,950 ft.

Completions filed
Sep 2024
1 of 1 wells

1 well

42-40134873410,950 ftSep 2024Yes

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 (55)

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

55 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201325093.623.91$2,341
Feb 20130091.233.42$0
Jan 201312466891.603.42$13,643
Dec 201204,38386.773.42$14,991
Nov 201204,19686.953.62$15,210
Oct 201204,69389.383.40$15,955
Sep 201204,63094.672.92$13,512
Aug 201204,61892.662.91$13,430
Jul 201205,07185.133.02$15,318
Jun 201204,78979.822.52$12,064
May 201205,19191.612.49$12,917
Apr 201204,778101.652.00$9,541
Mar 201205,230105.052.22$11,621
Feb 201205,003101.102.57$12,859
Jan 201205,33198.092.73$14,575
Dec 201105,51396.873.24$17,861
Nov 201104,90495.723.31$16,239
Oct 201105,12684.983.65$18,702
Sep 201105,36883.623.99$21,396
Aug 201105,03783.404.15$20,900
Jul 201105,42994.144.52$24,524
Jun 201105,63392.904.64$26,136
May 201105,86698.134.40$25,839
Apr 20111325,994105.964.33$39,960
Mar 201105,92996.364.06$24,056
Feb 201105,75685.644.18$24,060
Jan 201105,84486.504.59$26,817
Dec 201006,63885.734.35$28,860
Nov 201006,45380.843.80$24,491
Oct 201006,92578.103.51$24,299
Sep 20101946,95172.633.98$41,752
Aug 201007,67273.684.42$33,905
Jul 201007,85472.554.74$37,200
Jun 201007,88370.364.91$38,709
May 201008,57671.124.24$36,321
Apr 201008,31481.694.12$34,276
Mar 201008,62978.394.39$37,870
Feb 201007,87373.585.44$42,848
Jan 201009,25474.365.96$55,192
Dec 200909,47371.445.48$51,948
Nov 2009010,34374.593.75$38,802
Oct 2009011,18872.544.11$45,985
Sep 200919610,62365.543.06$45,403
Aug 2009011,66467.423.22$37,541
Jul 2009012,27361.133.46$42,520
Jun 2009012,75066.163.90$49,661
May 2009015,16554.743.93$59,534
Apr 2009015,37346.773.59$55,151
Mar 200917117,93842.144.06$80,016
Feb 2009018,96632.814.63$87,869
Jan 2009027,02535.865.37$145,151
Dec 2008245,33037.105.98$271,018
Nov 2008018,32755.496.86$125,730

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.

Mar 2013 — as filed, then multipliedworked
Condensate            25 bbl  × $ 93.62 =     $2,341
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,341

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/243974 is the state's own key, not one this site invented.