LAKE ALEXANDER (AW)

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 289467District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$38.8 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
74
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
NGPA1none
ST-1112020-07-14226908

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
CondensateDisposition65 bbl$2,304
GasProduction11,073,121 Mcf$38,842,158
Total$38,844,462

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 32.3631, -94.1184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36309, -94.11839 · 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
11,006 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 11,006 ft.

Completions filed
Feb 2023
1 of 1 wells

1 well

42-365385261H11,006 ftFeb 2023

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 (74)

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

74 months

May 2026055,694106.413.05$169,635
Apr 2026055,76098.932.87$160,016
Mar 2026058,15289.753.15$183,146
Feb 2026053,53363.503.75$200,766
Jan 2026058,99959.138.00$471,869
Dec 2025062,02556.664.41$273,739
Nov 2025062,54558.593.93$245,579
Oct 2025067,90259.383.30$224,405
Sep 2025055,12262.743.08$169,606
Aug 2025067,77663.933.01$204,328
Jul 2025069,86266.743.32$231,607
Jun 2025069,71566.483.13$218,119
May 2025075,21660.553.23$243,122
Apr 2025077,26862.363.54$273,770
Mar 2025083,31567.704.27$355,615
Feb 2025079,10770.884.34$343,391
Jan 20250105,00274.324.28$449,270
Dec 20240118,72268.993.12$370,575
Nov 202402969.052.20$64
Oct 20240071.372.28$0
Sep 2024064,23969.612.36$151,884
Aug 2024071,72375.632.06$148,010
Jul 2024070,41479.932.15$151,150
Jun 202401378.082.63$34
May 202407,53578.812.20$16,565
Apr 2024013,96184.451.66$23,164
Mar 2024054,36480.301.55$83,999
Feb 2024081,96276.091.78$146,191
Jan 2024089,78673.023.30$296,084
Dec 2023094,93471.262.61$247,846
Nov 2023095,55877.892.81$268,285
Oct 20230105,00085.443.09$324,164
Sep 20230106,49089.042.74$291,254
Aug 20230100,04480.522.67$267,406
Jul 2023094,16974.852.64$248,776
Jun 2023093,43068.962.26$211,010
May 202303,98770.622.23$8,881
Apr 2023086,99178.122.24$194,665
Mar 2023071,28072.852.39$170,584
Feb 2023099,56975.112.47$245,505
Jan 20230140,58776.533.39$476,269
Dec 20220148,44676.415.73$850,459
Nov 20220127,80785.005.65$721,624
Oct 20220132,60987.185.86$777,587
Sep 20220133,76784.888.16$1,092,031
Aug 20220144,49494.529.13$1,318,820
Jul 20220149,059101.587.54$1,124,215
Jun 20220150,722115.097.98$1,202,340
May 20220150,022109.378.43$1,265,142
Apr 20220172,595104.226.84$1,180,136
Mar 20220185,973108.885.08$944,073
Feb 2022065,06091.054.86$316,116
Jan 2022095,37081.844.54$432,759
Dec 20210218,61571.323.90$852,406
Nov 20211216,83177.435.24$1,135,589
Oct 20213247,38279.795.71$1,413,748
Sep 20210069.865.35$0
Aug 20210139,48566.024.22$588,709
Jul 20210252,01970.783.98$1,003,560
Jun 20211257,75369.493.38$871,434
May 20210277,08263.483.02$836,142
Apr 20211284,81160.362.76$785,689
Mar 20211305,17161.302.72$829,193
Feb 20215287,25457.805.55$1,593,960
Jan 20214329,73850.412.81$926,854
Dec 20207357,09644.642.68$955,709
Nov 20200366,66538.772.71$992,404
Oct 20204378,61636.972.48$938,521
Sep 20203421,35437.091.99$839,044
Aug 20202461,15439.982.39$1,099,978
Jul 20200491,44438.371.83$896,944
Jun 20207512,74534.901.69$866,942
May 202012554,68016.921.81$1,006,809
Apr 202014235,52214.751.80$425,178

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               55,694 Mcf  × $  3.05 =   $169,635

────────────────────────────────────────────────────
Month total                                 $169,635

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/289467 is the state's own key, not one this site invented.