PACE

Operated by SABINE ENERGY INC. (P-5 103925) 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 254151District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.2 M
Sep 2009 – May 2026
Value, last 12 filed months
$476 k
at the published price for each month
Months reported
201
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 Gas112011-02-14201338
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
CondensateDisposition32 bbl$2,531
GasProduction8,325,705 Mcf$30,153,863
Total$30,156,394

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 32.2239, -94.0457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22391, -94.04567 · 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
11,217 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 11,217 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-365374151H11,217 ftMay 2018

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 (201)

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

201 months

May 202609,276106.413.05$28,253
Apr 202609,72098.932.87$27,894
Mar 202609,61189.753.15$30,269
Feb 202609,17363.503.75$34,402
Jan 2026010,84659.138.00$86,745
Dec 2025011,28856.664.41$49,818
Nov 2025010,59858.593.93$41,612
Oct 2025011,37859.383.30$37,602
Sep 2025010,82862.743.08$33,317
Aug 2025011,18763.933.01$33,726
Jul 2025011,27566.743.32$37,379
Jun 2025011,19166.483.13$35,014
May 2025011,89760.553.23$38,455
Apr 2025011,31462.363.54$40,087
Mar 2025011,16167.704.27$47,639
Feb 2025010,33770.884.34$44,871
Jan 2025012,08574.324.28$51,708
Dec 2024013,45168.993.12$41,986
Nov 2024013,48469.052.20$29,644
Oct 2024014,72071.372.28$33,582
Sep 2024012,07469.612.36$28,547
Aug 202406,95775.632.06$14,357
Jul 2024011,39279.932.15$24,454
Jun 2024011,68378.082.63$30,773
May 2024011,83978.812.20$26,027
Apr 2024012,33284.451.66$20,461
Mar 2024013,47180.301.55$20,814
Feb 2024011,76176.091.78$20,977
Jan 2024012,81373.023.30$42,253
Dec 2023014,19371.262.61$37,054
Nov 2023013,18477.892.81$37,015
Oct 2023013,39085.443.09$41,339
Sep 2023013,54189.042.74$37,035
Aug 2023015,74380.522.67$42,079
Jul 2023015,86774.852.64$41,917
Jun 2023015,89668.962.26$35,901
May 2023016,73070.622.23$37,264
Apr 2023016,29278.122.24$36,458
Mar 2023017,89472.852.39$42,823
Feb 2023016,37275.112.47$40,368
Jan 2023019,20676.533.39$65,065
Dec 2022018,66376.415.73$106,922
Nov 2022018,70285.005.65$105,595
Oct 2022018,59587.185.86$109,037
Sep 2022018,92884.888.16$154,522
Aug 2022019,78194.529.13$180,544
Jul 2022021,060101.587.54$158,836
Jun 2022020,662115.097.98$164,825
May 2022021,188109.378.43$178,679
Apr 2022021,026104.226.84$143,767
Mar 2022022,689108.885.08$115,178
Feb 2022022,29091.054.86$108,304
Jan 2022024,01081.844.54$108,950
Dec 2021023,48971.323.90$91,586
Nov 2021024,23977.435.24$126,936
Oct 2021026,61679.795.71$152,080
Sep 2021026,04469.865.35$139,359
Aug 2021028,28466.024.22$119,375
Jul 2021028,70070.783.98$114,286
Jun 2021029,93869.493.38$101,209
May 2021034,10363.483.02$102,912
Apr 2021039,18060.362.76$108,075
Mar 2021014,57861.302.72$39,608
Feb 2021030,68957.805.55$170,261
Jan 2021035,82950.412.81$100,689
Dec 2020035,61144.642.68$95,276
Nov 2020036,33038.772.71$98,330
Oct 2020039,15836.972.48$97,050
Sep 2020039,72337.091.99$79,090
Aug 2020042,73439.982.39$101,925
Jul 2020045,45538.371.83$82,961
Jun 2020047,16634.901.69$79,725
May 2020051,40016.921.81$93,278
Apr 2020052,63714.751.80$94,977
Mar 2020055,84130.341.86$103,654
Feb 2020055,37149.881.98$109,672
Jan 2020062,71357.252.09$131,367
Dec 2019065,81859.012.30$151,668
Nov 2019067,61255.302.75$185,980
Oct 2019072,87853.472.42$176,258
Sep 2019074,45655.052.66$197,850
Aug 2019083,07653.112.30$191,437
Jul 2019087,09956.272.46$214,269
Jun 2019095,76452.782.49$238,567
May 20190104,78758.482.74$287,150
Apr 20190107,67862.632.75$296,190
Mar 20190119,70456.803.06$366,546
Feb 20190116,93950.852.79$326,519
Jan 20190136,25446.033.23$439,852
Dec 20180147,72146.594.19$618,277
Nov 20180155,74652.934.24$659,933
Oct 20180162,96961.443.40$553,782
Sep 20180167,08459.543.11$519,297
Aug 20184188,48159.403.07$578,226
Jul 20180203,91065.142.93$597,840
Jun 20180223,68760.183.08$688,267
May 20180191,69165.382.90$556,057
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201807,98461.782.77$22,085
Jan 201809,51162.874.01$38,133
Dec 201707,49357.272.92$21,891
Nov 201707,49355.423.12$23,366
Oct 201708,42149.292.98$25,126
Sep 201708,12947.523.09$25,097
Aug 201708,60845.373.00$25,862
Jul 201708,29543.873.09$25,609
Jun 201708,13342.493.09$25,109
May 201709,66145.373.26$31,528
Apr 201709,18447.933.21$29,495
Mar 201709,95346.772.98$29,697
Feb 201708,32050.452.95$24,566
Jan 2017010,11549.413.42$34,581
Dec 2016010,15148.763.72$37,790
Nov 2016010,02542.492.64$26,510
Oct 2016010,85546.193.09$33,545
Sep 2016010,09441.553.10$31,298
Aug 2016010,94441.442.92$32,004
Jul 2016011,66941.622.92$34,124
Jun 201609,78145.352.69$26,270
May 2016011,23442.521.99$22,367
Apr 2016011,02936.561.99$21,959
Mar 2016012,32333.011.79$22,108
Feb 2016011,63226.472.06$24,004
Jan 2016012,88927.352.36$30,474
Dec 2015113,28332.362.00$26,617
Nov 2015113,53938.792.17$29,382
Oct 2015214,26643.552.43$34,705
Sep 2015017,17742.992.76$47,381
Aug 2015014,34040.162.87$41,192
Jul 2015013,19848.152.95$38,869
Jun 2015018,47356.152.88$53,255
May 2015013,39955.212.96$39,600
Apr 2015112,55249.822.71$34,023
Mar 2015114,59642.892.93$42,878
Feb 2015017,79744.662.98$52,967
Jan 2015013,79143.433.10$42,761
Dec 2014018,18254.693.59$65,298
Nov 2014017,30070.464.25$73,557
Oct 2014018,27478.303.90$71,286
Sep 2014015,14886.164.05$61,280
Aug 2014018,23789.394.04$73,588
Jul 2014017,11196.564.18$71,517
Jun 2014020,44298.164.74$96,831
May 2014119,10594.734.73$90,396
Apr 2014221,86095.944.81$105,319
Mar 2014225,14995.895.06$127,365
Feb 2014216,75797.406.19$103,954
Jan 2014017,04990.404.86$82,870
Dec 2013017,22091.824.35$74,984
Nov 2013015,26588.853.74$57,065
Oct 2013016,87597.423.78$63,777
Sep 2013017,505104.113.72$65,079
Aug 2013019,588104.253.52$69,001
Jul 2013020,515102.523.72$76,269
Jun 2013018,27394.403.93$71,875
May 2013219,96194.834.15$83,009
Apr 2013019,93893.964.28$85,386
Mar 2013021,25993.623.91$83,184
Feb 2013018,65791.233.42$63,805
Jan 2013121,41891.603.42$73,339
Dec 2012222,23186.773.42$76,207
Nov 2012023,03886.953.62$83,512
Oct 2012024,43989.383.40$83,085
Sep 2012025,53594.672.92$74,521
Aug 2012128,62592.662.91$83,339
Jul 2012329,97585.133.02$90,804
Jun 2012027,55979.822.52$69,422
May 2012029,19591.612.49$72,647
Apr 2012035,884101.652.00$71,653
Mar 2012234,971105.052.22$77,918
Feb 2012031,000101.102.57$79,677
Jan 2012039,59098.092.73$108,242
Dec 2011142,88396.873.24$139,027
Nov 2011043,70195.723.31$144,706
Oct 2011047,04684.983.65$171,649
Sep 2011147,84283.623.99$190,772
Aug 2011152,64383.404.15$218,516
Jul 2011055,52094.144.52$250,797
Jun 2011157,06092.904.64$264,844
May 2011076,74798.134.40$338,057
Apr 2011076,747105.964.33$332,566
Mar 2011081,22096.364.06$329,537
Feb 2011066,95185.644.18$279,854
Jan 2011077,34586.504.59$354,919
Dec 2010076,33385.734.35$331,877
Nov 2010080,29980.843.80$304,761
Oct 2010087,79678.103.51$308,067
Sep 2010091,64572.633.98$364,699
Aug 20100101,68673.684.42$449,387
Jul 20100111,97172.554.74$530,350
Jun 20100114,25870.364.91$561,052
May 20100122,92771.124.24$520,623
Apr 20100131,79681.694.12$543,354
Mar 20100152,26178.394.39$668,223
Feb 20100138,70873.585.44$754,899
Jan 20100167,02174.365.96$996,128
Dec 20090211,91071.445.48$1,162,061
Nov 20090267,00874.593.75$1,001,681
Oct 20090208,10472.544.11$855,359
Sep 2009058,58465.543.06$179,545

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                9,276 Mcf  × $  3.05 =    $28,253

────────────────────────────────────────────────────
Month total                                  $28,253

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/254151 is the state's own key, not one this site invented.