LYONS TB C (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 294948District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
May 2023 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
37
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-1112023-07-06232460

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 bbl$1,400
GasProduction3,017,320 Mcf$8,617,163
Total$8,618,563

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 32.4439, -94.3616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44394, -94.36161 · 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
11,154 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 11,154 ft.

Completions filed
Aug 2024
1 of 1 wells

1 well

42-203355433H11,154 ftAug 2024

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 (37)

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

37 months

May 2026041,530106.413.05$126,494
Apr 2026043,61498.932.87$125,160
Mar 2026044,71289.753.15$140,818
Feb 2026040,44063.503.75$151,663
Jan 2026045,38659.138.00$362,994
Dec 2025046,83256.664.41$206,686
Nov 2025047,34658.593.93$185,901
Oct 2025051,08659.383.30$168,831
Sep 2025051,49862.743.08$158,455
Aug 2025054,85963.933.01$165,387
Jul 2025057,03766.743.32$189,089
Jun 2025057,64166.483.13$180,343
May 2025063,45560.553.23$205,107
Apr 2025068,24662.363.54$241,804
Mar 2025067,23867.704.27$286,993
Feb 2025063,89970.884.34$277,375
Jan 2025074,71774.324.28$319,690
Dec 2024080,41268.993.12$250,996
Nov 2024085,86869.052.20$188,776
Oct 2024077,38771.372.28$176,551
Sep 2024088,70169.612.36$209,721
Aug 2024027,03375.632.06$55,786
Jul 2024296,21179.932.15$206,685
Jun 2024098,43678.082.63$259,278
May 20240109,05178.812.20$239,742
Apr 20240112,15484.451.66$186,086
Mar 20240124,09680.301.55$191,744
Feb 20240123,54776.091.78$220,363
Jan 20240142,18473.023.30$468,874
Dec 20230152,28571.262.61$397,574
Nov 20231159,92377.892.81$449,071
Oct 20230172,99585.443.09$534,084
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202310217,41274.852.64$575,108
Jun 2023677,84168.962.26$176,216
May 20230152,24870.622.23$339,117

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               41,530 Mcf  × $  3.05 =   $126,494

────────────────────────────────────────────────────
Month total                                 $126,494

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/294948 is the state's own key, not one this site invented.