WELLS GU

Operated by SABINE ENERGY INC. (P-5 103925) in the HARDWOOD (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 264793District 06Field 390262002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Jan 2012 – May 2026
Value, last 12 filed months
$526 k
at the published price for each month
Months reported
173
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 91 leases and 91 wells, and the rule below applies to all of them.

Discovered
1985-02-08
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 2010-11-30.

The Commission's schedule remark for this field reads: STACKED LATERAL INFORMATION. ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112012-10-11207528
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
CondensateDisposition33,034 bbl$2,568,218
GasProduction4,554,255 Mcf$14,964,227
Total$17,532,445

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 32.5361, -94.3392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53612, -94.33918 · 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
9,992 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 9,992 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-203350713H9,992 ftJan 2012

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 (173)

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

173 months

May 202611010,810106.413.05$44,631
Apr 202609,07298.932.87$26,034
Mar 2026110,65389.753.15$33,641
Feb 20261789,59863.503.75$47,299
Jan 2026210,71559.138.00$85,816
Dec 2025010,67156.664.41$47,095
Nov 202512310,48558.593.93$48,375
Oct 2025110,48459.383.30$34,707
Sep 2025011,10262.743.08$34,160
Aug 202512211,65363.933.01$42,930
Jul 2025411,07566.743.32$36,983
Jun 202515410,90966.483.13$44,369
May 2025011,44860.553.23$37,004
Apr 2025011,20562.363.54$39,701
Mar 202511311,37867.704.27$56,215
Feb 202509,55870.884.34$41,490
Jan 202517511,74574.324.28$63,259
Dec 2024012,19568.993.12$38,065
Nov 2024011,85169.052.20$26,054
Oct 202413412,42271.372.28$37,903
Sep 2024011,99269.612.36$28,353
Aug 2024012,26275.632.06$25,304
Jul 202418011,17579.932.15$38,376
Jun 2024010,76478.082.63$28,352
May 20241010,89578.812.20$24,740
Apr 202416310,98284.451.66$31,987
Mar 2024711,30680.301.55$18,031
Feb 202421911,07976.091.78$36,425
Jan 2024613,81073.023.30$45,979
Dec 2023013,79571.262.61$36,015
Nov 2023010,18277.892.81$28,587
Oct 202317313,10985.443.09$55,252
Sep 2023012,77089.042.74$34,926
Aug 2023513,18980.522.67$35,655
Jul 202319713,35474.852.64$50,024
Jun 2023713,57168.962.26$31,133
May 202310314,48970.622.23$39,547
Apr 2023311,98478.122.24$27,052
Mar 202318713,47172.852.39$45,861
Feb 20231012,36275.112.47$31,232
Jan 2023013,66276.533.39$46,283
Dec 202216913,98376.415.73$93,023
Nov 20228013,61485.005.65$83,667
Oct 2022014,37687.185.86$84,297
Sep 20227514,20584.888.16$122,331
Aug 202217114,55794.529.13$149,027
Jul 2022013,724101.587.54$103,508
Jun 2022013,406115.097.98$106,942
May 202217214,108109.378.43$137,785
Apr 2022013,953104.226.84$95,405
Mar 20228713,882108.885.08$79,943
Feb 202216612,80291.054.86$77,317
Jan 2022014,66181.844.54$66,527
Dec 202118115,07071.323.90$71,669
Nov 2021014,54977.435.24$76,191
Oct 2021014,23979.795.71$81,360
Sep 202117513,01669.865.35$81,873
Aug 2021013,65066.024.22$57,611
Jul 202115514,68570.783.98$69,448
Jun 2021014,26469.493.38$48,221
May 202116715,31263.483.02$56,808
Apr 2021014,86760.362.76$41,009
Mar 202117515,44361.302.72$52,685
Feb 2021613,18757.805.55$73,508
Jan 202117816,17450.412.81$54,426
Dec 2020916,21744.642.68$43,790
Nov 202018616,42638.772.71$51,669
Oct 2020217,12736.972.48$42,522
Sep 202017116,54937.091.99$39,292
Aug 2020016,93639.982.39$40,394
Jul 202024216,50338.371.83$39,406
Jun 2020016,13434.901.69$27,271
May 202017117,25716.921.81$34,210
Apr 2020015,57414.751.80$28,101
Mar 2020017,37130.341.86$32,245
Feb 202018317,09549.881.98$42,988
Jan 2020916,93057.252.09$35,979
Dec 201917918,62959.012.30$53,491
Nov 2019018,41555.302.75$50,654
Oct 201917519,04353.472.42$55,414
Sep 2019018,77455.052.66$49,888
Aug 201917419,67753.112.30$54,584
Jul 2019019,75656.272.46$48,601
Jun 201918217,74652.782.49$53,815
May 2019119,54958.482.74$53,629
Apr 201917818,51262.632.75$62,069
Mar 201918519,05256.803.06$68,847
Feb 2019016,70550.852.79$46,644
Jan 201918620,05846.033.23$73,312
Dec 201817619,33446.594.19$89,121
Nov 2018119,42652.934.24$82,366
Oct 201817920,14361.443.40$79,445
Sep 2018319,29159.543.11$60,135
Aug 201817220,60059.403.07$73,388
Jul 201817321,17165.142.93$73,340
Jun 2018020,25160.183.08$62,311
May 201817920,86365.382.90$72,222
Apr 201818020,61763.842.90$71,297
Mar 201818517,78561.222.79$60,890
Feb 2018021,05261.782.77$58,232
Jan 201819023,31662.874.01$105,427
Dec 201717925,09757.272.92$83,573
Nov 201717923,94855.423.12$84,599
Oct 2017024,36349.292.98$72,691
Sep 201717824,74847.523.09$84,863
Aug 201717926,05745.373.00$86,407
Jul 201717626,84843.873.09$90,608
Jun 2017026,06842.493.09$80,479
May 201717027,21445.373.26$96,523
Apr 201718026,35047.933.21$93,253
Mar 201717526,23046.772.98$86,447
Feb 201717724,68650.452.95$81,818
Jan 2017026,28149.413.42$89,849
Dec 201617026,18048.763.72$105,753
Nov 201617425,56142.492.64$74,985
Oct 201618827,50646.193.09$93,684
Sep 201617627,30941.553.10$91,988
Aug 201617528,67041.442.92$91,093
Jul 2016028,10141.622.92$82,177
Jun 201617628,68045.352.69$85,011
May 201618829,59242.521.99$66,913
Apr 201618628,97336.561.99$64,487
Mar 201618129,82833.011.79$59,487
Feb 201618328,84826.472.06$64,376
Jan 201618429,47127.352.36$74,712
Dec 201517731,48232.362.00$68,736
Nov 2015020,08038.792.17$43,520
Oct 201517632,99743.552.43$87,735
Sep 201517726,14242.992.76$79,720
Aug 201517632,48540.162.87$100,381
Jul 201535232,76148.152.95$113,433
Jun 201517631,93456.152.88$101,944
May 201517632,05555.212.96$104,454
Apr 201518032,26149.822.71$96,284
Mar 201517633,74442.892.93$106,577
Feb 201518528,92644.662.98$94,351
Jan 201534236,64743.433.10$128,482
Dec 201434135,97854.693.59$147,859
Nov 201417434,28970.464.25$158,051
Oct 201416237,54878.303.90$159,158
Sep 201434234,63086.164.05$169,560
Aug 201416838,36889.394.04$169,837
Jul 201434939,74696.564.18$199,822
Jun 201435639,69298.164.74$222,961
May 201435342,22094.734.73$232,995
Apr 201417741,29595.944.81$215,574
Mar 201434142,60995.895.06$248,164
Feb 201418637,61697.406.19$251,035
Jan 201436842,35990.404.86$239,162
Dec 201336342,73391.824.35$219,411
Nov 201334540,94988.853.74$183,732
Oct 201335943,67897.423.78$200,049
Sep 201317541,491104.113.72$172,472
Aug 201353047,672104.253.52$223,182
Jul 201336450,671102.523.72$225,699
Jun 201318830,72894.403.93$138,613
May 201355242,87694.834.15$230,242
Apr 201336752,62993.964.28$259,872
Mar 201332256,29793.623.91$250,428
Feb 201356350,57391.233.42$224,318
Jan 201353761,49291.603.42$259,486
Dec 201262761,63086.773.42$265,189
Nov 201273163,99886.953.62$295,551
Oct 201277369,15089.383.40$304,179
Sep 201270569,94794.672.92$270,876
Aug 201273075,05992.662.91$285,925
Jul 201291078,00385.133.02$313,100
Jun 20121,06378,84779.822.52$283,467
May 201299586,65991.612.49$306,787
Apr 20121,12798,522101.652.00$311,288
Mar 20121,676117,137105.052.22$436,352
Feb 20121,439124,865101.102.57$466,416
Jan 201239493,33398.092.73$293,827

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           110 bbl  × $106.41 =    $11,705
Gas               10,810 Mcf  × $  3.05 =    $32,926

────────────────────────────────────────────────────
Month total                                  $44,631

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/264793 is the state's own key, not one this site invented.