KEY 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 262310District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
May 2011 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
181
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 Gas112012-03-13205355
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
CondensateDisposition274 bbl$23,718
GasProduction2,211,566 Mcf$7,755,929
Total$7,779,647

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 32.4845, -94.3205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48449, -94.32050 · 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
11,123 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 11,123 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-203350311H11,123 ftMay 2011

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 (181)

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

181 months

May 202602,686106.413.05$8,181
Apr 202602,62498.932.87$7,530
Mar 202602,54989.753.15$8,028
Feb 202602,58463.503.75$9,691
Jan 202602,77759.138.00$22,210
Dec 202502,35256.664.41$10,380
Nov 202502,44058.593.93$9,581
Oct 202502,49159.383.30$8,232
Sep 202502,41162.743.08$7,418
Aug 202502,45663.933.01$7,404
Jul 202502,70266.743.32$8,958
Jun 202502,58466.483.13$8,085
May 202502,41460.553.23$7,803
Apr 202503,22962.363.54$11,441
Mar 202502,22967.704.27$9,514
Feb 202502,58670.884.34$11,225
Jan 202502,87274.324.28$12,288
Dec 202403,21168.993.12$10,023
Nov 202403,04069.052.20$6,683
Oct 202413,52271.372.28$8,106
Sep 202403,40069.612.36$8,039
Aug 202403,61475.632.06$7,458
Jul 202403,05279.932.15$6,551
Jun 202403,34278.082.63$8,803
May 202403,49478.812.20$7,681
Apr 202403,67684.451.66$6,099
Mar 202404,06080.301.55$6,273
Feb 202404,42676.091.78$7,894
Jan 202418,51973.023.30$28,166
Dec 202302,62871.262.61$6,861
Nov 202303,64277.892.81$10,225
Oct 202303,98585.443.09$12,303
Sep 202304,02689.042.74$11,011
Aug 202314,41280.522.67$11,873
Jul 202324,84174.852.64$12,939
Jun 202314,96568.962.26$11,282
May 202306,35870.622.23$14,162
Apr 202309,05978.122.24$20,272
Mar 202329,81172.852.39$23,625
Feb 202301,71675.112.47$4,231
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022027584.888.16$2,245
Aug 202202,82594.529.13$25,784
Jul 202202,420101.587.54$18,252
Jun 202202,379115.097.98$18,978
May 202202,549109.378.43$21,496
Apr 202202,436104.226.84$16,656
Mar 202202,548108.885.08$12,935
Feb 202202,36491.054.86$11,486
Jan 202202,46381.844.54$11,176
Dec 202102,50571.323.90$9,767
Nov 202102,33977.435.24$12,249
Oct 202112,58679.795.71$14,856
Sep 202102,18569.865.35$11,692
Aug 202102,20066.024.22$9,285
Jul 202112,08070.783.98$8,354
Jun 202101,85269.493.38$6,261
May 202101,77763.483.02$5,362
Apr 202101,58860.362.76$4,380
Mar 202101,87361.302.72$5,089
Feb 202101,48657.805.55$8,244
Jan 202102,12150.412.81$5,961
Dec 202012,34044.642.68$6,305
Nov 202002,34438.772.71$6,344
Oct 202002,49236.972.48$6,176
Sep 202002,39637.091.99$4,771
Aug 202012,93639.982.39$7,043
Jul 202002,73038.371.83$4,983
Jun 202002,97234.901.69$5,024
May 202003,32416.921.81$6,032
Apr 202013,81014.751.80$6,889
Mar 202012,46830.341.86$4,612
Feb 202001,48649.881.98$2,943
Jan 202012,39957.252.09$5,083
Dec 201912,94159.012.30$6,836
Nov 201913,23855.302.75$8,962
Oct 201903,28953.472.42$7,955
Sep 201924,26955.052.66$11,454
Aug 201914,87153.112.30$11,278
Jul 201914,93256.272.46$12,189
Jun 201904,59652.782.49$11,450
May 201905,02758.482.74$13,776
Apr 201904,84462.632.75$13,324
Mar 201904,99856.803.06$15,304
Feb 201904,57550.852.79$12,774
Jan 201905,44446.033.23$17,574
Dec 201805,46446.594.19$22,869
Nov 201805,41552.934.24$22,945
Oct 201805,77461.443.40$19,621
Sep 201805,59859.543.11$17,399
Aug 201805,89859.403.07$18,087
Jul 201805,85665.142.93$17,169
Jun 201825,41160.183.08$16,770
May 201815,82565.382.90$16,963
Apr 201805,83063.842.90$16,912
Mar 201819,24861.222.79$25,834
Feb 201805,09461.782.77$14,091
Jan 201816,17562.874.01$24,820
Dec 201716,40257.272.92$18,761
Nov 201716,48555.423.12$20,278
Oct 201716,12849.292.98$18,333
Sep 201705,84347.523.09$18,039
Aug 201706,24245.373.00$18,753
Jul 201716,64543.873.09$20,559
Jun 201705,66942.493.09$17,502
May 201706,80045.373.26$22,191
Apr 201706,60147.933.21$21,200
Mar 201706,59846.772.98$19,686
Feb 201716,16550.452.95$18,253
Jan 201716,90249.413.42$23,646
Dec 201607,37548.763.72$27,456
Nov 201616,28242.492.64$16,654
Oct 201606,48246.193.09$20,031
Sep 201607,02641.553.10$21,785
Aug 201607,92141.442.92$23,164
Jul 201618,50841.622.92$24,922
Jun 201608,23745.352.69$22,123
May 201608,29242.521.99$16,510
Apr 201617,63336.561.99$15,234
Mar 201608,43533.011.79$15,132
Feb 201608,04326.472.06$16,598
Jan 201618,08027.352.36$19,131
Dec 201528,69332.362.00$17,463
Nov 201525,55038.792.17$12,106
Oct 201519,24943.552.43$22,487
Sep 201518,92342.992.76$24,656
Aug 201518,78440.162.87$25,272
Jul 201529,60748.152.95$28,390
Jun 201519,62556.152.88$27,804
May 201509,85755.212.96$29,132
Apr 2015110,06049.822.71$27,278
Mar 2015111,08142.892.93$32,562
Feb 201508,74844.662.98$26,036
Jan 2015110,55043.433.10$32,755
Dec 2014012,71654.693.59$45,668
Nov 201409,63970.464.25$40,983
Oct 2014012,36378.303.90$48,228
Sep 2014112,64886.164.05$51,253
Aug 2014112,94289.394.04$52,312
Jul 2014013,05496.564.18$54,561
Jun 2014213,79898.164.74$65,556
May 2014115,74394.734.73$74,505
Apr 2014012,98395.944.81$62,437
Mar 2014111,36095.895.06$57,541
Feb 2014513,92297.406.19$86,692
Jan 2014213,93690.404.86$67,920
Dec 2013015,52891.824.35$67,616
Nov 2013015,45388.853.74$57,768
Oct 2013016,20497.423.78$61,241
Sep 2013016,358104.113.72$60,815
Aug 2013317,789104.253.52$62,976
Jul 2013017,713102.523.72$65,852
Jun 2013018,90394.403.93$74,353
May 2013221,58394.834.15$89,739
Apr 2013121,55193.964.28$92,388
Mar 2013022,96193.623.91$89,843
Feb 2013221,62891.233.42$74,148
Jan 2013125,70591.603.42$88,000
Dec 20121026,95286.773.42$93,048
Nov 2012127,74186.953.62$100,647
Oct 2012530,22589.383.40$103,202
Sep 2012431,53094.672.92$92,396
Aug 2012334,42392.662.91$100,386
Jul 2012636,73285.133.02$111,471
Jun 2012137,33979.822.52$94,138
May 2012041,21791.612.49$102,561
Apr 20121441,151101.652.00$83,593
Mar 20121447,717105.052.22$107,502
Feb 20121649,418101.102.57$128,634
Jan 2012858,08898.092.73$159,602
Dec 2011063,55696.873.24$205,905
Nov 20111268,49395.723.31$227,948
Oct 20111779,95784.983.65$293,171
Sep 2011093,30683.623.99$371,899
Aug 201111115,16983.404.15$478,790
Jul 201119142,80594.144.52$646,873
Jun 201156167,87692.904.64$784,127
May 201163,92598.134.40$17,878

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                2,686 Mcf  × $  3.05 =     $8,181

────────────────────────────────────────────────────
Month total                                   $8,181

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/262310 is the state's own key, not one this site invented.