LAKE GAS UNIT NO. 1

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 275480District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
143
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 Gas112015-02-23215293
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
CondensateDisposition4,210 bbl$229,632
GasProduction461,941 Mcf$1,485,330
Total$1,714,962

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 32.1350, -94.8758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13500, -94.87582 · 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
11,030 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 11,030 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-401352827H11,030 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 (143)

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

143 months

May 20260838106.413.05$2,552
Apr 2026281798.932.87$2,542
Mar 2026188189.753.15$2,864
Feb 2026084763.503.75$3,177
Jan 2026278759.138.00$6,413
Dec 2025381456.664.41$3,762
Nov 2025071558.593.93$2,807
Oct 2025051959.383.30$1,715
Sep 2025154662.743.08$1,743
Aug 2025063863.933.01$1,923
Jul 2025164266.743.32$2,195
Jun 2025061566.483.13$1,924
May 202516963660.553.23$12,289
Apr 2025060162.363.54$2,129
Mar 2025257467.704.27$2,585
Feb 2025250170.884.34$2,317
Jan 2025058474.324.28$2,499
Dec 2024163768.993.12$2,057
Nov 2024070369.052.20$1,546
Oct 202421,24471.372.28$2,981
Sep 202411,27669.612.36$3,087
Aug 202431,68075.632.06$3,694
Jul 2024022679.932.15$485
Jun 2024012478.082.63$327
May 2024033178.812.20$728
Apr 202404084.451.66$66
Mar 202401,66380.301.55$2,570
Feb 202404376.091.78$77
Jan 202402073.023.30$66
Dec 2023018771.262.61$488
Nov 202311,22077.892.81$3,503
Oct 202301,35185.443.09$4,171
Sep 202301,26089.042.74$3,446
Aug 202301,33880.522.67$3,576
Jul 202301,37274.852.64$3,625
Jun 202311,32268.962.26$3,055
May 202301,37670.622.23$3,065
Apr 202321,34278.122.24$3,159
Mar 202301,41872.852.39$3,394
Feb 202301,37875.112.47$3,398
Jan 202301,07976.533.39$3,655
Dec 202201,02176.415.73$5,849
Nov 202201,40485.005.65$7,927
Oct 202221,41987.185.86$8,495
Sep 202201,38584.888.16$11,307
Aug 202221,41894.529.13$13,131
Jul 202231,430101.587.54$11,090
Jun 202251,415115.097.98$11,863
May 202231,450109.378.43$12,556
Apr 202221,541104.226.84$10,745
Mar 202221,290108.885.08$6,766
Feb 202221,16591.054.86$5,843
Jan 202201,32381.844.54$6,003
Dec 202131,40371.323.90$5,684
Nov 202101,38477.435.24$7,248
Oct 202111,52879.795.71$8,811
Sep 202111,35969.865.35$7,342
Aug 202111,66166.024.22$7,076
Jul 202121,64170.783.98$6,676
Jun 202121,69569.493.38$5,869
May 202141,83063.483.02$5,776
Apr 202101,85560.362.76$5,117
Mar 2021179961.302.72$2,232
Feb 202101,21057.805.55$6,713
Jan 202101,69150.412.81$4,752
Dec 202001,80944.642.68$4,840
Nov 202001,24438.772.71$3,367
Oct 202001,30036.972.48$3,222
Sep 202001,62937.091.99$3,243
Aug 202001,69139.982.39$4,033
Jul 202021,65138.371.83$3,090
Jun 202001,66234.901.69$2,809
May 202001,73916.921.81$3,156
Apr 2020981,66414.751.80$4,448
Mar 202051,78430.341.86$3,463
Feb 202081,73949.881.98$3,843
Jan 202031,85957.252.09$4,066
Dec 201941,89359.012.30$4,598
Nov 201911,89755.302.75$5,273
Oct 201951,91353.472.42$4,894
Sep 201911,88055.052.66$5,051
Aug 201912,03553.112.30$4,742
Jul 201902,09856.272.46$5,161
Jun 201902,07752.782.49$5,174
May 201912,23758.482.74$6,189
Apr 201921,99962.632.75$5,624
Mar 201912,14156.803.06$6,613
Feb 201901,36850.852.79$3,820
Jan 201962,74846.033.23$9,147
Dec 201842,61246.594.19$11,119
Nov 2018029652.934.24$1,254
Oct 201822,70261.443.40$9,304
Sep 201802,70759.543.11$8,413
Aug 20181812,89459.403.07$19,626
Jul 201812,83265.142.93$8,368
Jun 201802,94260.183.08$9,052
May 201813,13665.382.90$9,162
Apr 201812,70063.842.90$7,896
Mar 201823,15761.222.79$8,920
Feb 201832,96661.782.77$8,390
Jan 201812,61562.874.01$10,547
Dec 20171653,36357.272.92$19,275
Nov 201723,31555.423.12$10,448
Oct 201713,17149.292.98$9,511
Sep 201713,45447.523.09$10,711
Aug 201713,68945.373.00$11,129
Jul 201733,80343.873.09$11,873
Jun 201713,77142.493.09$11,685
May 201703,97945.373.26$12,985
Apr 20171633,98547.933.21$20,611
Mar 201714,07746.772.98$12,211
Feb 201713,84350.452.95$11,397
Jan 201714,36049.413.42$14,955
Dec 201604,56448.763.72$16,991
Nov 20161763,81442.492.64$17,564
Oct 201614,93446.193.09$15,294
Sep 201615,07441.553.10$15,774
Aug 201605,54141.442.92$16,204
Jul 20161675,65241.622.92$23,479
Jun 201615,39645.352.69$14,538
May 201615,51942.521.99$11,031
Apr 201615,91336.561.99$11,810
Mar 20161896,17233.011.79$17,312
Feb 201605,84226.472.06$12,056
Jan 201616,51327.352.36$15,426
Dec 20151786,89832.362.00$19,566
Nov 201516,93238.792.17$15,063
Oct 20151797,52043.552.43$26,043
Sep 201517,63142.992.76$21,092
Aug 20151768,00740.162.87$30,068
Jul 201508,59748.152.95$25,319
Jun 20151749,08356.152.88$35,955
May 201509,55655.212.96$28,242
Apr 201536410,87849.822.71$47,577
Mar 2015011,96742.892.93$35,120
Feb 201517911,77444.662.98$43,036
Jan 201517914,28943.433.10$52,079
Dec 201434516,30154.693.59$77,411
Nov 201436019,05070.464.25$106,363
Oct 201436225,44678.303.90$127,608
Sep 201420924,67986.164.05$117,845
Aug 2014359,44289.394.04$41,228
Jul 2014262996.564.18$2,632

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                  838 Mcf  × $  3.05 =     $2,552

────────────────────────────────────────────────────
Month total                                   $2,552

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/275480 is the state's own key, not one this site invented.