CAIN, FARON GAS UNIT

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

Gas lease lease 272195District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.1 M
Jan 2014 – May 2026
Value, last 12 filed months
$384 k
at the published price for each month
Months reported
149
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112014-06-18213471
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
CondensateDisposition40,049 bbl$2,675,122
GasProduction3,253,465 Mcf$11,442,376
Total$14,117,498

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 32.4524, -94.5430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45241, -94.54299 · 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
10,361 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 10,361 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-2033517314H10,361 ftAug 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 (149)

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

149 months

May 202628,321106.413.05$25,557
Apr 202618,39698.932.87$24,193
Mar 2026168,49089.753.15$28,175
Feb 202637,97263.503.75$30,088
Jan 202638,34759.138.00$66,936
Dec 202518,90656.664.41$39,362
Nov 202528,73758.593.93$34,422
Oct 202519,42159.383.30$31,194
Sep 202507,25162.743.08$22,311
Aug 202588,54263.933.01$26,264
Jul 202528,25566.743.32$27,500
Jun 202548,72166.483.13$27,551
May 202529,06860.553.23$29,432
Apr 202528,99462.363.54$31,992
Mar 2025139,27667.704.27$40,473
Feb 202528,53770.884.34$37,200
Jan 202539,29974.324.28$40,010
Dec 202429,50168.993.12$29,794
Nov 202468,27969.052.20$18,615
Oct 202479,35571.372.28$21,842
Sep 202409,16669.612.36$21,672
Aug 202469,42675.632.06$19,906
Jul 202469,52979.932.15$20,934
Jun 202429,33878.082.63$24,752
May 202469,70878.812.20$21,815
Apr 202409,49184.451.66$15,747
Mar 202419,65680.301.55$15,000
Feb 20241779,14476.091.78$29,778
Jan 2024149,55073.023.30$32,515
Dec 2023119,18071.262.61$24,750
Nov 202369,00177.892.81$25,738
Oct 202309,86585.443.09$30,456
Sep 202379,49689.042.74$26,595
Aug 202389,30280.522.67$25,507
Jul 2023198,78774.852.64$24,636
Jun 20231758,60668.962.26$31,504
May 20232158,83270.622.23$34,856
Apr 2023418,29978.122.24$21,774
Mar 2023579,17672.852.39$26,112
Feb 20232208,36575.112.47$37,150
Jan 2023010,30776.533.39$34,917
Dec 202224010,80376.415.73$80,230
Nov 2022135,88585.005.65$34,333
Oct 20222089,55887.185.86$74,179
Sep 20222109,46484.888.16$95,086
Aug 2022489,38294.529.13$90,168
Jul 2022409,530101.587.54$75,939
Jun 20222119,576115.097.98$100,674
May 202222410,255109.378.43$110,980
Apr 2022339,318104.226.84$67,152
Mar 20222549,381108.885.08$75,277
Feb 20222668,37491.054.86$64,907
Jan 2022469,85481.844.54$48,479
Dec 202123510,03971.323.90$55,903
Nov 2021479,91277.435.24$55,547
Oct 20212499,81879.795.71$75,966
Sep 202113410,47669.865.35$65,417
Aug 202131711,40366.024.22$69,056
Jul 202114212,28470.783.98$58,967
Jun 202117911,57469.493.38$51,566
May 202118112,15363.483.02$48,164
Apr 2021611,61060.362.76$32,387
Mar 202119111,95861.302.72$44,197
Feb 20211868,96457.805.55$60,483
Jan 2021412,54450.412.81$35,454
Dec 202018612,98944.642.68$43,055
Nov 2020010,87238.772.71$29,426
Oct 20201212,27936.972.48$30,876
Sep 2020811,32437.091.99$22,843
Aug 2020712,98639.982.39$31,253
Jul 202017813,14138.371.83$30,814
Jun 20201314,55934.901.69$25,063
May 202019614,61516.921.81$29,839
Apr 20203014,88514.751.80$27,301
Mar 20201615,72330.341.86$29,671
Feb 202016214,97849.881.98$37,747
Jan 202018117,20457.252.09$46,400
Dec 201920216,42459.012.30$49,767
Nov 201919216,72155.302.75$56,612
Oct 20191015,17153.472.42$37,226
Sep 201919916,06755.052.66$53,649
Aug 2019517,63053.112.30$40,891
Jul 201919117,76156.272.46$54,441
Jun 201918317,10952.782.49$52,281
May 201919718,46758.482.74$62,126
Apr 2019817,65862.632.75$49,073
Mar 201919418,44156.803.06$67,487
Feb 201917416,55050.852.79$55,059
Jan 201921119,05046.033.23$71,209
Dec 20183318,80646.594.19$80,249
Nov 201822818,86152.934.24$91,987
Oct 201820719,41561.443.40$78,692
Sep 201819118,89859.543.11$70,107
Aug 20181520,29359.403.07$63,121
Jul 201819020,74265.142.93$73,190
Jun 201822220,19060.183.08$75,483
May 201821420,76165.382.90$74,215
Apr 201820420,82263.842.90$73,424
Mar 2018321,82761.222.79$61,012
Feb 201820319,61461.782.77$66,796
Jan 201821123,51362.874.01$107,537
Dec 201719622,38357.272.92$76,617
Nov 201718223,22955.423.12$82,523
Oct 201721023,81949.292.98$81,419
Sep 201716623,61247.523.09$80,785
Aug 201717125,75745.373.00$85,143
Jul 201714622,88243.873.09$77,048
Jun 201735019,14042.493.09$73,962
May 201720223,30645.373.26$85,222
Apr 201737724,10847.933.21$95,495
Mar 201735125,22446.772.98$91,677
Feb 201738023,69650.452.95$89,136
Jan 201739526,09149.413.42$108,717
Dec 201635726,11648.763.72$114,633
Nov 201638526,83342.492.64$87,314
Oct 201639725,85346.193.09$98,230
Sep 201658228,42441.553.10$112,314
Aug 201625029,91841.442.92$97,850
Jul 201660631,12841.622.92$116,251
Jun 201638931,02545.352.69$100,969
May 201641232,77942.521.99$82,783
Apr 201662232,05336.561.99$86,559
Mar 201652332,35533.011.79$75,309
Feb 201635931,51726.472.06$74,542
Jan 201654235,39927.352.36$98,520
Dec 201573036,16832.362.00$96,010
Nov 201535935,41438.792.17$90,679
Oct 201555638,83943.552.43$118,460
Sep 201556039,44842.992.76$132,889
Aug 201568341,75340.162.87$147,364
Jul 201557141,65848.152.95$150,180
Jun 201535436,84456.152.88$126,093
May 201554339,00755.212.96$145,262
Apr 201572739,52749.822.71$143,202
Mar 201555142,44442.892.93$148,193
Feb 201554740,21444.662.98$144,114
Jan 201573746,98043.433.10$177,676
Dec 201473349,68954.693.59$218,539
Nov 201473549,75570.464.25$263,338
Oct 20141,08454,46978.303.90$297,359
Sep 201492755,56786.164.05$304,663
Aug 20141,07463,92589.394.04$353,950
Jul 20141,27374,14296.564.18$432,805
Jun 20141,51379,69498.164.74$526,017
May 20141,88995,40694.734.73$629,887
Apr 20142,253109,52395.944.81$742,862
Mar 20142,540140,23995.895.06$952,721
Feb 20141,169126,11497.406.19$894,758
Jan 201401,64690.404.86$8,001

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             2 bbl  × $106.41 =       $213
Gas                8,321 Mcf  × $  3.05 =    $25,344

────────────────────────────────────────────────────
Month total                                  $25,557

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/272195 is the state's own key, not one this site invented.