BULLARD GAS UNIT

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

Gas lease lease 272006District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Feb 2014 – May 2026
Value, last 12 filed months
$162 k
at the published price for each month
Months reported
148
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

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 Gas112014-05-29213314
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
CondensateDisposition19,544 bbl$1,352,681
GasProduction1,929,557 Mcf$7,005,532
Total$8,358,213

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 32.0636, -94.8904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06357, -94.89044 · 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
11,101 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 11,101 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-401352474H11,101 ftFeb 2015

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 (148)

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

148 months

May 202683,349106.413.05$11,052
Apr 202683,22098.932.87$10,032
Mar 202653,36989.753.15$11,059
Feb 202683,05463.503.75$11,961
Jan 202683,34859.138.00$27,250
Dec 2025733,34756.664.41$18,908
Nov 202553,12658.593.93$12,567
Oct 202543,39059.383.30$11,441
Sep 202533,37762.743.08$10,579
Aug 202563,77263.933.01$11,755
Jul 202543,88766.743.32$13,153
Jun 202573,77066.483.13$12,261
May 202563,90860.553.23$12,995
Apr 202543,63062.363.54$13,111
Mar 202553,80267.704.27$16,567
Feb 20251823,44170.884.34$27,837
Jan 202573,88774.324.28$17,151
Dec 202474,13468.993.12$13,387
Nov 202494,13269.052.20$9,705
Oct 202494,37171.372.28$10,614
Sep 20241524,27369.612.36$20,684
Aug 2024104,33375.632.06$9,698
Jul 202474,46079.932.15$10,133
Jun 202463,99478.082.63$10,989
May 202474,74278.812.20$10,977
Apr 202464,43584.451.66$7,865
Mar 202464,75180.301.55$7,823
Feb 2024194,44176.091.78$9,367
Jan 2024134,70173.023.30$16,452
Dec 2023104,83271.262.61$13,328
Nov 2023144,72277.892.81$14,348
Oct 2023114,94785.443.09$16,213
Sep 202334,67089.042.74$13,040
Aug 202384,65680.522.67$13,089
Jul 202354,98074.852.64$13,530
Jun 202384,91568.962.26$11,652
May 202374,60270.622.23$10,745
Apr 20231874,98978.122.24$25,773
Mar 2023125,06972.852.39$13,005
Feb 2023174,62875.112.47$12,688
Jan 2023255,09676.533.39$19,177
Dec 20222004,92176.415.73$43,475
Nov 2022104,73985.005.65$27,607
Oct 2022115,22487.185.86$31,591
Sep 2022115,45284.888.16$45,442
Aug 2022114,56694.529.13$42,714
Jul 202285,153101.587.54$39,677
Jun 20221825,106115.097.98$61,678
May 2022155,395109.378.43$47,137
Apr 202265,358104.226.84$37,261
Mar 2022155,525108.885.08$29,680
Feb 202295,08891.054.86$25,541
Jan 20221825,68681.844.54$40,696
Dec 202185,89171.323.90$23,540
Nov 202165,66777.435.24$30,142
Oct 202166,06479.795.71$35,128
Sep 202176,36769.865.35$34,558
Aug 20211725,44666.024.22$34,341
Jul 202135,59070.783.98$22,472
Jun 2021116,88169.493.38$24,026
May 2021197,16363.483.02$22,822
Apr 20211816,92760.362.76$30,033
Mar 202156,62561.302.72$18,306
Feb 202125,02057.805.55$27,966
Jan 20211916,77750.412.81$28,674
Dec 2020107,45544.642.68$20,392
Nov 202047,27638.772.71$19,848
Oct 20201867,32836.972.48$25,038
Sep 2020107,16237.091.99$14,631
Aug 202068,90939.982.39$21,489
Jul 20201867,38838.371.83$20,621
Jun 202047,16934.901.69$12,257
May 202057,62116.921.81$13,915
Apr 20201957,28614.751.80$16,023
Mar 202067,55330.341.86$14,202
Feb 202067,43549.881.98$15,026
Jan 20201928,11457.252.09$27,989
Dec 2019108,24159.012.30$19,580
Nov 20191877,86755.302.75$31,981
Oct 2019108,52353.472.42$21,148
Sep 201948,45955.052.66$22,698
Aug 20191868,97753.112.30$30,565
Jul 201919,12456.272.46$22,502
Jun 201959,23952.782.49$23,280
May 20191869,46958.482.74$36,825
Apr 2019118,88162.632.75$25,118
Mar 20191828,77356.803.06$37,201
Feb 201968,95650.852.79$25,312
Jan 20192029,99946.033.23$41,577
Dec 20182010,10746.594.19$43,234
Nov 20181969,70952.934.24$51,514
Oct 20181010,29661.443.40$35,601
Sep 2018310,58259.543.11$33,067
Aug 201818211,19359.403.07$45,135
Jul 2018511,10265.142.93$32,875
Jun 201818311,04560.183.08$44,998
May 201818511,51765.382.90$45,504
Apr 2018610,60363.842.90$31,140
Mar 201819511,41561.222.79$43,750
Feb 20181010,30061.782.77$29,109
Jan 201818610,86462.874.01$55,251
Dec 201719710,72957.272.92$42,627
Nov 201769,80355.423.12$30,902
Oct 201718911,26849.292.98$42,936
Sep 2017811,17747.523.09$34,887
Aug 201717811,69245.373.00$43,203
Jul 2017211,95043.873.09$36,981
Jun 201717211,97142.493.09$44,266
May 2017513,30445.373.26$43,643
Apr 201718313,18347.933.21$51,110
Mar 201717913,68246.772.98$49,195
Feb 2017512,55950.452.95$37,334
Jan 201717114,18049.413.42$56,928
Dec 201634914,37248.763.72$70,522
Nov 2016614,46042.492.64$38,492
Oct 201617415,50546.193.09$55,952
Sep 2016515,37641.553.10$47,883
Aug 201631516,14241.442.92$60,258
Jul 2016216,68641.622.92$48,879
Jun 201618117,20845.352.69$54,426
May 201618418,38242.521.99$44,423
Apr 201617918,32436.561.99$43,028
Mar 201618019,48033.011.79$40,889
Feb 2016018,43326.472.06$38,039
Jan 201618220,40427.352.36$53,220
Dec 201552820,65832.362.00$58,431
Nov 20151321,20338.792.17$46,458
Oct 201518621,90843.552.43$61,262
Sep 201513721,02742.992.76$63,891
Aug 20151222,93240.162.87$66,354
Jul 201538924,04948.152.95$89,557
Jun 20151024,02456.152.88$69,819
May 201538725,69855.212.96$97,315
Apr 201518425,86649.822.71$79,175
Mar 201536228,92942.892.93$100,424
Feb 201534127,21444.662.98$96,223
Jan 201537832,72943.433.10$117,897
Dec 201452134,18354.693.59$151,257
Nov 201434135,50170.464.25$174,971
Oct 20140078.303.90$0
Sep 201436943,28186.164.05$206,884
Aug 201454649,72289.394.04$249,441
Jul 201469755,19696.564.18$298,000
Jun 201469659,55198.164.74$350,405
May 201487872,22594.734.73$424,549
Apr 20141,40584,67995.944.81$542,027
Mar 20141,741119,40595.895.06$770,752
Feb 20141,21896,18997.406.19$714,235

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             8 bbl  × $106.41 =       $851
Gas                3,349 Mcf  × $  3.05 =    $10,201

────────────────────────────────────────────────────
Month total                                  $11,052

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/272006 is the state's own key, not one this site invented.