SWEPCO DEEP 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 260338District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.7 M
Oct 2010 – May 2026
Value, last 12 filed months
$348 k
at the published price for each month
Months reported
188
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 Gas112013-11-04211894
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
CondensateDisposition1,533 bbl$105,965
GasProduction5,386,616 Mcf$19,580,338
Total$19,686,303

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 32.4394, -94.5545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43937, -94.55448 · 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
11,583 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 11,583 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-203349961H11,583 ftJul 2014

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 (188)

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

188 months

May 202638,116106.413.05$25,039
Apr 202617,94198.932.87$22,887
Mar 2026168,21889.753.15$27,318
Feb 202637,84763.503.75$29,619
Jan 202637,41859.138.00$59,506
Dec 202508,54056.664.41$37,690
Nov 202509,14758.593.93$35,915
Oct 202507,43859.383.30$24,581
Sep 202505,92262.743.08$18,222
Aug 202576,65263.933.01$20,502
Jul 202516,13266.743.32$20,396
Jun 202548,20666.483.13$25,940
May 202538,29760.553.23$27,000
Apr 202538,35162.363.54$29,776
Mar 2025168,65167.704.27$38,008
Feb 202537,99170.884.34$34,900
Jan 202538,37374.324.28$36,048
Dec 202439,24968.993.12$29,077
Nov 202478,39869.052.20$18,946
Oct 202479,16871.372.28$21,415
Sep 202408,69469.612.36$20,556
Aug 202469,42375.632.06$19,899
Jul 202469,67079.932.15$21,237
Jun 202429,56578.082.63$25,350
May 202459,91778.812.20$22,196
Apr 202409,38984.451.66$15,578
Mar 2024110,37380.301.55$16,108
Feb 202479,86676.091.78$18,130
Jan 2024139,86373.023.30$33,474
Dec 2023810,14071.262.61$27,043
Nov 202359,77977.892.81$27,845
Oct 2023010,92085.443.09$33,713
Sep 2023610,73689.042.74$29,898
Aug 2023611,02880.522.67$29,960
Jul 2023109,95374.852.64$27,042
Jun 2023410,73068.962.26$24,509
May 20231910,14270.622.23$23,932
Apr 20232310,31778.122.24$24,884
Mar 20233210,73372.852.39$28,017
Feb 20232410,38875.112.47$27,416
Jan 202309,56276.533.39$32,393
Dec 2022179,34976.415.73$54,860
Nov 202277,58485.005.65$43,416
Oct 2022139,02887.185.86$54,071
Sep 202288,64684.888.16$71,262
Aug 2022158,99794.529.13$83,535
Jul 202208,717101.587.54$65,744
Jun 2022118,433115.097.98$68,538
May 2022139,499109.378.43$81,527
Apr 202298,422104.226.84$58,524
Mar 2022219,894108.885.08$52,512
Feb 2022238,32891.054.86$42,559
Jan 2022159,64381.844.54$44,984
Dec 2021189,23571.323.90$37,292
Nov 2021169,53677.435.24$51,177
Oct 2021279,13179.795.71$54,328
Sep 20214510,12769.865.35$57,332
Aug 20214510,92566.024.22$49,081
Jul 20215811,05770.783.98$48,135
Jun 2021211,32869.493.38$38,435
May 2021010,82563.483.02$32,666
Apr 2021310,80260.362.76$29,978
Mar 2021511,76361.302.72$32,266
Feb 202109,46257.805.55$52,495
Jan 2021212,91550.412.81$36,395
Dec 2020212,51144.642.68$33,562
Nov 2020011,00638.772.71$29,789
Oct 2020911,67036.972.48$29,256
Sep 2020911,29237.091.99$22,817
Aug 2020612,64539.982.39$30,399
Jul 2020312,51438.371.83$22,955
Jun 2020613,85734.901.69$23,632
May 2020413,84416.921.81$25,191
Apr 20201114,14114.751.80$25,678
Mar 2020615,74230.341.86$29,403
Feb 2020612,45249.881.98$24,963
Jan 2020516,90557.252.09$35,698
Dec 2019615,01559.012.30$34,954
Nov 2019016,65755.302.75$45,818
Oct 2019315,56153.472.42$37,795
Sep 2019616,50755.052.66$44,194
Aug 2019217,43153.112.30$40,274
Jul 2019017,24056.272.46$42,411
Jun 2019516,70252.782.49$41,872
May 2019518,17458.482.74$50,095
Apr 2019317,62762.632.75$48,674
Mar 2019518,77756.803.06$57,781
Feb 2019317,03950.852.79$47,729
Jan 2019918,88646.033.23$61,382
Dec 20181418,16546.594.19$76,681
Nov 20181418,47252.934.24$79,011
Oct 2018919,05561.443.40$65,303
Sep 2018318,93859.543.11$59,038
Aug 2018419,97859.403.07$61,501
Jul 2018320,57065.142.93$60,504
Jun 20181319,90060.183.08$62,013
May 20181221,57265.382.90$63,361
Apr 2018220,08663.842.90$58,393
Mar 20181221,33961.222.79$60,203
Feb 2018619,72861.782.77$54,941
Jan 20181323,50362.874.01$95,048
Dec 2017322,56557.272.92$66,096
Nov 2017123,25455.423.12$72,570
Oct 2017723,43449.292.98$70,265
Sep 2017222,48347.523.09$69,506
Aug 2017024,60245.373.00$73,914
Jul 2017024,21443.873.09$74,755
Jun 2017725,16342.493.09$77,983
May 20171326,52045.373.26$87,135
Apr 2017926,43547.933.21$85,330
Mar 2017328,05346.772.98$83,841
Feb 2017326,24150.452.95$77,631
Jan 20171229,34449.413.42$100,914
Dec 20161529,76548.763.72$111,541
Nov 20161429,99642.492.64$79,915
Oct 20161931,47346.193.09$98,137
Sep 20163531,64341.553.10$99,567
Aug 20164533,82741.442.92$100,786
Jul 20163735,10341.622.92$104,193
Jun 20162233,97845.352.69$92,257
May 20162636,29842.521.99$73,376
Apr 20163936,56636.561.99$74,230
Mar 2016040,39833.011.79$72,474
Feb 2016038,66626.472.06$79,792
Jan 2016242,80727.352.36$101,266
Dec 2015444,76232.362.00$89,717
Nov 2015046,53938.792.17$100,865
Oct 2015847,95843.552.43$116,722
Sep 20151038,64842.992.76$107,037
Aug 2015542,18840.162.87$121,385
Jul 2015644,36948.152.95$130,959
Jun 2015344,79156.152.88$129,295
May 2015748,19855.212.96$142,833
Apr 2015248,34949.822.71$130,960
Mar 2015354,57442.892.93$160,288
Feb 2015454,29744.662.98$161,777
Jan 2015262,77443.433.10$194,726
Dec 2014068,15354.693.59$244,762
Nov 2014366,79870.464.25$284,226
Oct 2014471,02578.303.90$277,379
Sep 20142272,28686.164.05$294,324
Aug 20142681,50789.394.04$331,215
Jul 20141682,05796.564.18$344,510
Jun 20143477,49598.164.74$370,422
May 20141869,58194.734.73$330,584
Apr 2014987,38595.944.81$421,108
Mar 2014691,04095.895.06$460,946
Feb 201412118,96897.406.19$737,819
Jan 201421134,86790.404.86$657,449
Dec 201316145,72291.824.35$636,013
Nov 20130151,96088.853.74$568,069
Oct 2013126170,27497.423.78$655,802
Sep 20130181,999104.113.72$676,625
Aug 20130207,300104.253.52$730,237
Jul 20130230,480102.523.72$856,865
Jun 20130244,88894.403.93$963,245
May 20130306,78694.834.15$1,272,880
Apr 20130215,38093.964.28$922,384
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$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             3 bbl  × $106.41 =       $319
Gas                8,116 Mcf  × $  3.05 =    $24,720

────────────────────────────────────────────────────
Month total                                  $25,039

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/260338 is the state's own key, not one this site invented.