BLACK STONE MINERALS LP

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

Gas lease lease 254026District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$265 k
Mar 2009 – Feb 2018
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
108
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 2013-01-29.

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 Gas112010-01-21194624
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
CondensateDisposition72 bbl$3,817
GasProduction67,933 Mcf$260,798
Total$264,615

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 32.7143, -94.1725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71431, -94.17249 · 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
11,020 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 11,020 ft.

Completions filed
Jul 2017
1 of 1 wells

1 well

42-31530959111,020 ftJul 2017Yes

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 (108)

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

108 months

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 201740045.373.00$1,815
Jul 20170043.873.09$0
Jun 2017016442.493.09$506
May 2017139445.373.26$1,331
Apr 2017018247.933.21$585
Mar 2017025446.772.98$758
Feb 2017035350.452.95$1,042
Jan 2017019149.413.42$653
Dec 2016040748.763.72$1,515
Nov 2016018242.492.64$481
Oct 2016025346.193.09$782
Sep 2016026941.553.10$834
Aug 2016027841.442.92$813
Jul 2016031741.622.92$927
Jun 2016033845.352.69$908
May 2016121242.521.99$465
Apr 2016025636.561.99$510
Mar 2016035633.011.79$639
Feb 2016032926.472.06$679
Jan 2016029127.352.36$688
Dec 2015028332.362.00$566
Nov 2015032838.792.17$711
Oct 2015038143.552.43$925
Sep 2015029542.992.76$814
Aug 2015035740.162.87$1,025
Jul 2015034848.152.95$1,025
Jun 2015031556.152.88$908
May 2015031655.212.96$934
Apr 20151730249.822.71$1,664
Mar 2015028842.892.93$845
Feb 2015032544.662.98$967
Jan 2015025843.433.10$800
Dec 2014036454.693.59$1,307
Nov 2014044570.464.25$1,892
Oct 2014022678.303.90$882
Sep 2014025786.164.05$1,040
Aug 2014029989.394.04$1,207
Jul 2014034296.564.18$1,429
Jun 2014041198.164.74$1,947
May 2014051194.734.73$2,415
Apr 2014036195.944.81$1,736
Mar 2014038095.895.06$1,922
Feb 2014122497.406.19$1,484
Jan 2014134890.404.86$1,782
Dec 2013025091.824.35$1,089
Nov 2013023288.853.74$867
Oct 2013025897.423.78$975
Sep 20130261104.113.72$970
Aug 20130235104.253.52$828
Jul 20130332102.523.72$1,234
Jun 2013138294.403.93$1,597
May 2013028894.834.15$1,195
Apr 2013028393.964.28$1,212
Mar 2013129793.623.91$1,256
Feb 2013031591.233.42$1,077
Jan 2013130891.603.42$1,145
Dec 2012134186.773.42$1,253
Nov 2012033086.953.62$1,196
Oct 2012032789.383.40$1,112
Sep 2012134594.672.92$1,102
Aug 2012033092.662.91$960
Jul 2012035185.133.02$1,060
Jun 2012037779.822.52$950
May 2012039391.612.49$978
Apr 20120321101.652.00$641
Mar 20120465105.052.22$1,033
Feb 20120437101.102.57$1,123
Jan 2012038598.092.73$1,053
Dec 2011046396.873.24$1,500
Nov 2011145395.723.31$1,596
Oct 2011049484.983.65$1,802
Sep 2011048983.623.99$1,949
Aug 2011085983.404.15$3,564
Jul 2011161294.144.52$2,859
Jun 2011092592.904.64$4,292
May 2011059198.134.40$2,603
Apr 20110573105.964.33$2,483
Mar 2011043796.364.06$1,773
Feb 2011070385.644.18$2,939
Jan 2011071786.504.59$3,290
Dec 2010073585.734.35$3,196
Nov 2010081180.843.80$3,078
Oct 2010079278.103.51$2,779
Sep 2010084072.633.98$3,343
Aug 2010086373.684.42$3,814
Jul 2010088272.554.74$4,178
Jun 2010092970.364.91$4,562
May 201001,02971.124.24$4,358
Apr 201001,12281.694.12$4,626
Mar 201011,31578.394.39$5,849
Feb 201001,24273.585.44$6,759
Jan 201001,56674.365.96$9,340
Dec 200901,54671.445.48$8,478
Nov 200901,64374.593.75$6,164
Oct 2009094372.544.11$3,876
Sep 200902,20065.543.06$6,742
Aug 200902,75667.423.22$8,870
Jul 200913,85161.133.46$13,403
Jun 2009076366.163.90$2,972
May 200901,22554.743.93$4,809
Apr 200912,24246.773.59$8,090
Mar 2009110,48942.144.06$42,617

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 2017 — as filed, then multipliedworked
Condensate            40 bbl  × $ 45.37 =     $1,815
Gas                    0 Mcf  × $  3.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,815

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/254026 is the state's own key, not one this site invented.