YOUNG GRACE GU

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 260018District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
Sep 2010 – May 2026
Value, last 12 filed months
$511 k
at the published price for each month
Months reported
189
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 Gas112011-12-05204466
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
CondensateDisposition213 bbl$17,408
GasProduction3,987,203 Mcf$14,782,604
Total$14,800,012

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 32.3216, -94.4645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32156, -94.46452 · 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
11,530 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 11,530 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-365376632H11,530 ftOct 2010

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 (189)

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

189 months

May 202607,070106.413.05$21,534
Apr 202608,43698.932.87$24,209
Mar 202609,26489.753.15$29,176
Feb 2026110,18963.503.75$38,276
Jan 202609,00059.138.00$71,981
Dec 2025013,25756.664.41$58,508
Nov 2025017,92858.593.93$70,393
Oct 2025230,47259.383.30$100,824
Sep 2025022,18962.743.08$68,274
Aug 2025069563.933.01$2,095
Jul 202505,18166.743.32$17,176
Jun 202502,59866.483.13$8,128
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501,02067.704.27$4,354
Feb 202503,72770.884.34$16,178
Jan 202503,37074.324.28$14,419
Dec 202402,44368.993.12$7,626
Nov 202402,64869.052.20$5,821
Oct 202405,77371.372.28$13,171
Sep 2024014,04369.612.36$33,203
Aug 2024011,41275.632.06$23,550
Jul 202404,03779.932.15$8,666
Jun 202403,79578.082.63$9,996
May 2024016,74978.812.20$36,822
Apr 202407,33684.451.66$12,172
Mar 2024011,18280.301.55$17,278
Feb 202408,69476.091.78$15,507
Jan 202436,21073.023.30$20,698
Dec 202305,32171.262.61$13,892
Nov 202305,22977.892.81$14,681
Oct 202305,14685.443.09$15,887
Sep 202315,25289.042.74$14,453
Aug 202305,33980.522.67$14,271
Jul 202305,71574.852.64$15,098
Jun 202305,76068.962.26$13,009
May 202305,57770.622.23$12,422
Apr 202305,35178.122.24$11,974
Mar 202305,15872.852.39$12,344
Feb 202304,94775.112.47$12,198
Jan 202325,00076.533.39$17,092
Dec 202234,50876.415.73$26,056
Nov 202234,45585.005.65$25,409
Oct 202205,40687.185.86$31,699
Sep 202246,68684.888.16$54,922
Aug 202238,19494.529.13$75,072
Jul 202239,345101.587.54$70,785
Jun 202299,940115.097.98$80,329
May 2022911,659109.378.43$99,305
Apr 20222512,654104.226.84$89,128
Mar 2022015,955108.885.08$80,994
Feb 20221928,11591.054.86$138,336
Jan 2022616,69481.844.54$76,243
Dec 2021054471.323.90$2,121
Nov 202112,88677.435.24$15,191
Oct 202102,83079.795.71$16,170
Sep 202106,92369.865.35$37,044
Aug 202106,39166.024.22$26,974
Jul 202105,86770.783.98$23,363
Jun 202104,95369.493.38$16,744
May 202104,09563.483.02$12,357
Apr 202104,38660.362.76$12,098
Mar 202104,78261.302.72$12,992
Feb 202102,96957.805.55$16,472
Jan 202105,08350.412.81$14,285
Dec 202004,96344.642.68$13,278
Nov 202004,56338.772.71$12,350
Oct 202025,30636.972.48$13,224
Sep 202004,75137.091.99$9,459
Aug 202005,93139.982.39$14,146
Jul 202006,02238.371.83$10,991
Jun 202005,68234.901.69$9,604
May 202025,53116.921.81$10,071
Apr 202025,75014.751.80$10,405
Mar 202016,77730.341.86$12,610
Feb 202007,56649.881.98$14,986
Jan 202027,33957.252.09$15,488
Dec 201917,43859.012.30$17,199
Nov 201915,37755.302.75$14,846
Oct 201916,13653.472.42$14,894
Sep 201936,94755.052.66$18,625
Aug 201927,51453.112.30$17,421
Jul 201927,40356.272.46$18,324
Jun 201926,68952.782.49$16,769
May 201927,37158.482.74$20,316
Apr 201927,11762.632.75$19,702
Mar 201938,06256.803.06$24,857
Feb 201927,15350.852.79$20,074
Jan 201916,36846.033.23$20,603
Dec 201816,55346.594.19$27,474
Nov 201801,13952.934.24$4,826
Oct 201805,96561.443.40$20,270
Sep 201816,96159.543.11$21,694
Aug 201806,68759.403.07$20,506
Jul 201806,84165.142.93$20,057
Jun 201817,39560.183.08$22,814
May 201827,72365.382.90$22,534
Apr 201807,57163.842.90$21,962
Mar 201808,11761.222.79$22,621
Feb 201807,19661.782.77$19,905
Jan 201808,46862.874.01$33,951
Dec 201709,66957.272.92$28,248
Nov 201708,62155.423.12$26,883
Oct 201709,10249.292.98$27,157
Sep 201707,77847.523.09$24,013
Aug 201708,96345.373.00$26,928
Jul 201708,46743.873.09$26,140
Jun 201719,30442.493.09$28,767
May 201719,84545.373.26$32,174
Apr 201745,38147.933.21$17,473
Mar 201707,35446.772.98$21,942
Feb 201707,37650.452.95$21,778
Jan 201709,60849.413.42$32,848
Dec 2016010,41348.763.72$38,766
Nov 201609,23242.492.64$24,413
Oct 201609,83946.193.09$30,405
Sep 2016011,68341.553.10$36,225
Aug 2016011,33541.442.92$33,147
Jul 2016013,65241.622.92$39,923
Jun 2016013,13645.352.69$35,281
May 2016014,55742.521.99$28,984
Apr 2016011,23336.561.99$22,365
Mar 2016013,14933.011.79$23,589
Feb 2016012,68626.472.06$26,179
Jan 2016212,60727.352.36$29,862
Dec 2015315,05232.362.00$30,222
Nov 2015012,05438.792.17$26,125
Oct 2015213,95843.552.43$33,957
Sep 2015115,24842.992.76$42,103
Aug 2015114,80040.162.87$42,553
Jul 2015013,38948.152.95$39,432
Jun 2015012,98156.152.88$37,422
May 2015013,66055.212.96$40,371
Apr 2015114,57349.822.71$39,493
Mar 2015011,19542.892.93$32,854
Feb 2015113,45944.662.98$40,101
Jan 2015015,13343.433.10$46,922
Dec 2014216,29454.693.59$58,627
Nov 2014115,76970.464.25$67,118
Oct 2014117,50478.303.90$68,361
Sep 2014013,94086.164.05$56,393
Aug 2014020,11089.394.04$81,146
Jul 2014020,15596.564.18$84,240
Jun 2014020,72698.164.74$98,177
May 2014021,35294.734.73$100,922
Apr 2014021,92995.944.81$105,459
Mar 2014221,85095.895.06$110,683
Feb 2014018,82897.406.19$116,583
Jan 2014019,54090.404.86$94,978
Dec 2013023,24391.824.35$101,211
Nov 2013021,99988.853.74$82,238
Oct 2013025,13597.423.78$94,994
Sep 2013024,703104.113.72$91,839
Aug 2013026,616104.253.52$93,758
Jul 2013024,673102.523.72$91,728
Jun 2013026,23294.403.93$103,181
May 2013228,64394.834.15$119,032
Apr 2013018,24293.964.28$78,123
Mar 2013218,48093.623.91$72,497
Feb 2013117,82791.233.42$61,058
Jan 2013022,85491.603.42$78,159
Dec 2012025,93386.773.42$88,695
Nov 2012525,87286.953.62$94,220
Oct 20121328,26089.383.40$97,237
Sep 2012030,91394.672.92$90,217
Aug 2012133,79392.662.91$98,368
Jul 2012137,19585.133.02$112,444
Jun 2012139,01579.822.52$98,360
May 2012041,81091.612.49$104,037
Apr 2012042,420101.652.00$84,704
Mar 2012048,112105.052.22$106,909
Feb 2012150,234101.102.57$129,215
Jan 2012056,88998.092.73$155,539
Dec 2011262,15696.873.24$201,563
Nov 20111367,60895.723.31$225,113
Oct 2011078,93384.983.65$287,990
Sep 2011081,07583.623.99$323,149
Aug 20111160,23183.404.15$664,933
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011085,53498.134.40$376,762
Apr 20114144,137105.964.33$625,010
Mar 20111144,14396.364.06$584,934
Feb 20115154,16185.644.18$644,818
Jan 20110204,01986.504.59$936,198
Dec 20106278,70185.734.35$1,212,237
Nov 20100398,41880.843.80$1,512,128
Oct 2010128,30078.103.51$99,380
Sep 20100072.633.98$0

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                7,070 Mcf  × $  3.05 =    $21,534

────────────────────────────────────────────────────
Month total                                  $21,534

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/260018 is the state's own key, not one this site invented.