VIPER #1

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

Gas lease lease 283724District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$378 k
Oct 2017 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
104
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and 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 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112020-05-14222801
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
CondensateDisposition56 bbl$3,355
GasProduction117,349 Mcf$375,135
Total$378,490

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 32.0909, -94.7517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09093, -94.75171 · 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
10,890 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 10,890 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-401342831710,890 ftOct 2017

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 (104)

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

104 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260863.503.75$30
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501158.593.93$43
Oct 2025035759.383.30$1,180
Sep 2025047962.743.08$1,474
Aug 2025049763.933.01$1,498
Jul 2025049466.743.32$1,638
Jun 2025046666.483.13$1,458
May 2025049260.553.23$1,590
Apr 2025048262.363.54$1,708
Mar 2025051467.704.27$2,194
Feb 2025046070.884.34$1,997
Jan 2025053174.324.28$2,272
Dec 2024056868.993.12$1,773
Nov 2024056369.052.20$1,238
Oct 2024055571.372.28$1,266
Sep 2024053469.612.36$1,263
Aug 2024054775.632.06$1,129
Jul 2024057779.932.15$1,239
Jun 2024057278.082.63$1,507
May 2024061078.812.20$1,341
Apr 2024058084.451.66$962
Mar 2024060580.301.55$935
Feb 2024057776.091.78$1,029
Jan 2024068873.023.30$2,269
Dec 2023065271.262.61$1,702
Nov 2023061377.892.81$1,721
Oct 2023061685.443.09$1,902
Sep 2023058289.042.74$1,592
Aug 2023057280.522.67$1,529
Jul 2023066074.852.64$1,744
Jun 2023055168.962.26$1,244
May 2023062770.622.23$1,397
Apr 2023058978.122.24$1,318
Mar 2023058572.852.39$1,400
Feb 2023051675.112.47$1,272
Jan 2023058876.533.39$1,992
Dec 2022062376.415.73$3,569
Nov 2022055585.005.65$3,134
Oct 2022055687.185.86$3,260
Sep 2022053984.888.16$4,400
Aug 2022054694.529.13$4,983
Jul 20220501101.587.54$3,779
Jun 20220454115.097.98$3,622
May 20220480109.378.43$4,048
Apr 20220478104.226.84$3,268
Mar 20220540108.885.08$2,741
Feb 2022088491.054.86$4,295
Jan 2022044481.844.54$2,015
Dec 2021067171.323.90$2,616
Nov 2021076677.435.24$4,011
Oct 2021054079.795.71$3,085
Sep 2021058669.865.35$3,136
Aug 2021068866.024.22$2,904
Jul 2021068870.783.98$2,740
Jun 2021066269.493.38$2,238
May 2021073163.483.02$2,206
Apr 2021085660.362.76$2,361
Mar 2021086661.302.72$2,353
Feb 2021079457.805.55$4,405
Jan 2021096750.412.81$2,718
Dec 2020098044.642.68$2,622
Nov 2020092138.772.71$2,493
Oct 2020088436.972.48$2,191
Sep 2020079737.091.99$1,587
Aug 2020065939.982.39$1,572
Jul 2020049538.371.83$903
Jun 2020050134.901.69$847
May 2020076916.921.81$1,396
Apr 202001,17814.751.80$2,126
Mar 2020098530.341.86$1,828
Feb 2020088449.881.98$1,751
Jan 202001,06757.252.09$2,235
Dec 201901,06859.012.30$2,461
Nov 2019098755.302.75$2,715
Oct 201901,07653.472.42$2,602
Sep 201901,02855.052.66$2,732
Aug 201901,10053.112.30$2,535
Jul 201901,16256.272.46$2,859
Jun 201901,19252.782.49$2,970
May 201901,29758.482.74$3,554
Apr 201901,37462.632.75$3,779
Mar 201901,51156.803.06$4,627
Feb 201901,43650.852.79$4,010
Jan 201901,68446.033.23$5,436
Dec 201801,75346.594.19$7,337
Nov 201801,84752.934.24$7,826
Oct 201802,20461.443.40$7,489
Sep 201802,87359.543.11$8,929
Aug 201801,68259.403.07$5,158
Jul 201803,34565.142.93$9,807
Jun 201803,10060.183.08$9,538
May 201843,47765.382.90$10,348
Apr 2018243,75663.842.90$12,428
Mar 201804,54861.222.79$12,675
Feb 201804,20461.782.77$11,629
Jan 201805,70562.874.01$22,873
Dec 201757,14757.272.92$21,166
Nov 20172312,12355.423.12$39,079
Oct 2017021749.292.98$647

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                    8 Mcf  × $  3.75 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/283724 is the state's own key, not one this site invented.