LITTLE ESTATE

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 264842District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Mar 2012 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
171
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 Gas112012-10-19207592
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
CondensateDisposition790 bbl$66,335
GasProduction1,292,910 Mcf$4,063,556
Total$4,129,892

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 32.0976, -94.6868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09764, -94.68684 · 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
12,396 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 12,396 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-401351824H12,396 ftMar 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 (171)

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

171 months

May 202601,111106.413.05$3,384
Apr 202601,23498.932.87$3,541
Mar 202601,22289.753.15$3,849
Feb 202601,21463.503.75$4,553
Jan 202601,30559.138.00$10,437
Dec 202501,29656.664.41$5,720
Nov 202501,22258.593.93$4,798
Oct 202501,29459.383.30$4,276
Sep 202501,24462.743.08$3,828
Aug 202501,37763.933.01$4,151
Jul 202501,36066.743.32$4,509
Jun 202501,35166.483.13$4,227
May 202501,45960.553.23$4,716
Apr 202501,30262.363.54$4,613
Mar 202501,58067.704.27$6,744
Feb 202501,42070.884.34$6,164
Jan 202501,70174.324.28$7,278
Dec 202401,99968.993.12$6,240
Nov 202402,06769.052.20$4,544
Oct 202402,30671.372.28$5,261
Sep 202402,29269.612.36$5,419
Aug 202402,39875.632.06$4,949
Jul 202402,42179.932.15$5,197
Jun 202402,37978.082.63$6,266
May 202402,45478.812.20$5,395
Apr 202402,46484.451.66$4,088
Mar 202402,51780.301.55$3,889
Feb 202402,47276.091.78$4,409
Jan 202402,58073.023.30$8,508
Dec 202302,54971.262.61$6,655
Nov 202302,53677.892.81$7,120
Oct 202302,85085.443.09$8,799
Sep 202302,68789.042.74$7,349
Aug 202302,73480.522.67$7,308
Jul 202302,64174.852.64$6,977
Jun 202302,76768.962.26$6,249
May 202302,89270.622.23$6,442
Apr 202302,93978.122.24$6,577
Mar 202303,10472.852.39$7,428
Feb 202302,90975.112.47$7,173
Jan 202303,39176.533.39$11,488
Dec 202203,54576.415.73$20,310
Nov 202203,69585.005.65$20,863
Oct 202202,16687.185.86$12,701
Sep 202202,09984.888.16$17,136
Aug 202202,77794.529.13$25,346
Jul 202202,707101.587.54$20,416
Jun 202203,199115.097.98$25,519
May 202203,606109.378.43$30,410
Apr 202202,662104.226.84$18,202
Mar 202203,544108.885.08$17,991
Feb 202203,04691.054.86$14,800
Jan 202203,52181.844.54$15,977
Dec 202103,30571.323.90$12,887
Nov 202103,16777.435.24$16,585
Oct 202103,85379.795.71$22,016
Sep 202103,69669.865.35$19,777
Aug 202104,29966.024.22$18,144
Jul 2021384,54570.783.98$20,788
Jun 202104,68469.493.38$15,835
May 202105,53063.483.02$16,688
Apr 202105,64860.362.76$15,580
Mar 202103,14861.302.72$8,553
Feb 202103,00257.805.55$16,655
Jan 202104,49950.412.81$12,643
Dec 202004,84344.642.68$12,957
Nov 202005,03938.772.71$13,638
Oct 202015,54236.972.48$13,772
Sep 202005,81837.091.99$11,584
Aug 202006,45639.982.39$15,398
Jul 202006,77738.371.83$12,369
Jun 202007,09134.901.69$11,986
May 202028,45816.921.81$15,383
Apr 202019,76414.751.80$17,633
Mar 2020013,14930.341.86$24,408
Feb 2020010,39549.881.98$20,589
Jan 202025,10357.252.09$10,804
Dec 201902,38859.012.30$5,503
Nov 201903,17855.302.75$8,742
Oct 201902,71253.472.42$6,559
Sep 201902,51655.052.66$6,686
Aug 201902,45253.112.30$5,650
Jul 201902,33656.272.46$5,747
Jun 201901,88452.782.49$4,693
May 201902,71958.482.74$7,451
Apr 201901,74062.632.75$4,786
Mar 201901,57656.803.06$4,826
Feb 201901,32050.852.79$3,686
Jan 201901,70846.033.23$5,514
Dec 201801,90846.594.19$7,986
Nov 201801,91452.934.24$8,110
Oct 201801,82361.443.40$6,195
Sep 201801,86859.543.11$5,806
Aug 201801,95859.403.07$6,004
Jul 201801,91365.142.93$5,609
Jun 201801,74860.183.08$5,378
May 201802,11365.382.90$6,129
Apr 201801,64063.842.90$4,757
Mar 201801,73661.222.79$4,838
Feb 201801,78761.782.77$4,943
Jan 201802,33062.874.01$9,342
Dec 201702,37357.272.92$6,933
Nov 201702,74755.423.12$8,566
Oct 201702,58949.292.98$7,725
Sep 201702,95547.523.09$9,123
Aug 201703,22245.373.00$9,680
Jul 201704,00043.873.09$12,349
Jun 201703,64442.493.09$11,250
May 201703,55045.373.26$11,585
Apr 201705,17047.933.21$16,604
Mar 201704,58946.772.98$13,692
Feb 201705,24250.452.95$15,478
Jan 201706,56749.413.42$22,451
Dec 201607,12848.763.72$26,536
Nov 201607,45942.492.64$19,724
Oct 2016010,75846.193.09$33,245
Sep 201606,76141.553.10$20,963
Aug 201606,83241.442.92$19,979
Jul 201607,10641.622.92$20,780
Jun 201605,84845.352.69$15,707
May 201605,07342.521.99$10,101
Apr 201617,13336.561.99$14,239
Mar 201606,89933.011.79$12,377
Feb 201606,80526.472.06$14,043
Jan 201606,14727.352.36$14,534
Dec 201516,96232.362.00$13,966
Nov 201508,76838.792.17$19,003
Oct 2015112,89843.552.43$31,342
Sep 201505,43642.992.76$14,995
Aug 201506,88740.162.87$19,783
Jul 201507,25348.152.95$21,361
Jun 201506,00756.152.88$17,317
May 201502,76155.212.96$8,160
Apr 201501,95949.822.71$5,302
Mar 201503,31142.892.93$9,717
Feb 201503,92244.662.98$11,673
Jan 201514,23143.433.10$13,162
Dec 201404,38254.693.59$15,737
Nov 20141844,89970.464.25$33,794
Oct 201406,06378.303.90$23,652
Sep 201405,47586.164.05$22,149
Aug 201415,45989.394.04$22,117
Jul 201406,41896.564.18$26,825
Jun 201405,57098.164.74$26,384
May 201405,28494.734.73$24,975
Apr 201407,04995.944.81$33,899
Mar 201409,86195.895.06$49,865
Feb 201409,51897.406.19$58,935
Jan 2014111,56990.404.86$56,324
Dec 2013213,90391.824.35$60,724
Nov 2013214,10188.853.74$52,891
Oct 2013216,23297.423.78$61,541
Sep 2013016,127104.113.72$59,956
Aug 2013018,619104.253.52$65,587
Jul 2013720,156102.523.72$75,652
Jun 2013720,58494.403.93$81,626
May 20131221,71894.834.15$91,248
Apr 2013322,09793.964.28$94,914
Mar 2013622,81593.623.91$89,834
Feb 2013422,23091.233.42$76,390
Jan 2013422,65891.603.42$77,855
Dec 201218325,36486.773.42$102,628
Nov 20121228,86886.953.62$105,689
Oct 20122636,34789.383.40$125,892
Sep 2012733,89194.672.92$99,570
Aug 2012325,76792.662.91$75,213
Jul 2012740,48885.133.02$122,902
Jun 20122258,60879.822.52$149,392
May 201221485,44491.612.49$232,217
Apr 201233117,850101.652.00$238,677
Mar 2012017,819105.052.22$39,595

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                1,111 Mcf  × $  3.05 =     $3,384

────────────────────────────────────────────────────
Month total                                   $3,384

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/264842 is the state's own key, not one this site invented.