GRAY GU 1

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.

Oil lease lease 14990District 06Field 66461275OilCasinghead gasSaveExport
Value, all time
$6.2 M
Sep 2010 – May 2026
Value, last 12 filed months
$385 k
at the published price for each month
Months reported
189
no gaps in the span
Streams
2
oil, casinghead 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.

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
OilDisposition50,521 bbl$3,870,393
Casinghead gasProduction688,321 Mcf$2,328,071
Total$6,198,464

Wells on this lease (2)

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 32.1604, -94.8384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.16043, -94.83837 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,937 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 10,900 and 10,973 ft, median 10,937 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2017 – Oct 2018
2 of 2 wells

2 wells

42-40134921410,973 ftOct 2018
42-40133340110,900 ftFeb 2017Yes

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 (189)

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

189 months

May 20263576,632106.413.05$58,188
Apr 20261836,31898.932.87$36,235
Mar 20263473,99989.753.15$43,738
Feb 20261792,70463.503.75$21,507
Jan 20261742,25559.138.00$28,324
Dec 20253803,12356.664.41$35,314
Nov 20251782,71358.593.93$21,081
Oct 20253454,07959.383.30$33,967
Sep 20251702,80662.743.08$19,300
Aug 20251798,32463.933.01$36,538
Jul 20251672,82866.743.32$20,521
Jun 20253632,09466.483.13$30,684
May 202513,77260.553.23$12,253
Apr 20251762,98362.363.54$21,544
Mar 202512,60167.704.27$11,170
Feb 20253492,11870.884.34$33,931
Jan 20251623,44774.324.28$26,788
Dec 20241792,35468.993.12$19,697
Nov 20241773,18369.052.20$19,219
Oct 202413,75571.372.28$8,638
Sep 20241753,86669.612.36$21,322
Aug 20241845,50175.632.06$25,268
Jul 20241736,34479.932.15$27,446
Jun 20241754,40778.082.63$25,272
May 202417,15378.812.20$15,804
Apr 20241843,74584.451.66$21,753
Mar 20241744,67380.301.55$21,193
Feb 20241794,28676.091.78$21,265
Jan 202403,72873.023.30$12,294
Dec 20231615,60971.262.61$26,116
Nov 20231724,70277.892.81$26,598
Oct 20231764,73585.443.09$29,656
Sep 20231803,23989.042.74$24,886
Aug 20233394,75280.522.67$39,998
Jul 20231794,47774.852.64$25,225
Jun 20231805,09168.962.26$23,911
May 20233498,25470.622.23$43,031
Apr 202365,53978.122.24$12,864
Mar 20231745,78472.852.39$26,518
Feb 20231726,03875.112.47$27,807
Jan 20233557,27376.533.39$51,807
Dec 20221747,84176.415.73$58,217
Nov 20221716,31285.005.65$50,174
Oct 20223425,73187.185.86$63,421
Sep 20221705,22884.888.16$57,109
Aug 20223185,47694.529.13$80,038
Jul 20223494,304101.587.54$67,913
Jun 20221813,018115.097.98$44,906
May 20223493,643109.378.43$68,892
Apr 20221742,825104.226.84$37,451
Mar 20221733,022108.885.08$34,177
Feb 20223462,81691.054.86$45,186
Jan 20221733,05981.844.54$28,039
Dec 20211852,97071.323.90$24,775
Nov 20213612,80577.435.24$42,642
Oct 20211883,35279.795.71$34,153
Sep 20213553,54669.865.35$43,775
Aug 20213622,88066.024.22$36,055
Jul 20213552,84370.783.98$36,448
Jun 20211692,94869.493.38$21,710
May 20211853,14763.483.02$21,240
Apr 20213453,46960.362.76$30,393
Mar 20211745,49361.302.72$25,590
Feb 20213393,20357.805.55$37,364
Jan 20211814,59850.412.81$22,046
Dec 20203503,84544.642.68$25,911
Nov 20201773,40038.772.71$16,065
Oct 20203564,80136.972.48$25,060
Sep 20203154,09537.091.99$19,837
Aug 20204213,77939.982.39$25,845
Jul 20203444,58938.371.83$21,575
Jun 202044,03434.901.69$6,958
May 20203563,21816.921.81$11,863
Apr 20203413,58514.751.80$11,498
Mar 20201895,31730.341.86$15,604
Feb 20201694,05149.881.98$16,453
Jan 20201725,99157.252.09$22,397
Dec 20193335,41759.012.30$32,133
Nov 20191774,24955.302.75$21,476
Oct 20193406,23653.472.42$33,262
Sep 201935,05255.052.66$13,590
Aug 20195314,88753.112.30$39,463
Jul 20193464,45956.272.46$30,439
Jun 201934,32352.782.49$10,928
May 20193414,95458.482.74$33,517
Apr 20191725,60462.632.75$26,187
Mar 20191816,25856.803.06$29,443
Feb 201915,52550.852.79$15,478
Jan 20191838,90046.033.23$37,154
Dec 20181998,88246.594.19$46,446
Nov 201802,05152.934.24$8,691
Oct 20180061.443.40$0
Sep 20180259.543.11$6
Aug 201806159.403.07$187
Jul 201809265.142.93$270
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801362.874.01$52
Dec 2017113357.272.92$446
Nov 2017011155.423.12$346
Oct 2017010349.292.98$307
Sep 2017023647.523.09$729
Aug 2017028145.373.00$844
Jul 201734349143.873.09$16,563
Jun 2017028642.493.09$883
May 2017137645.373.26$1,272
Apr 2017051847.933.21$1,664
Mar 201701,11046.772.98$3,312
Feb 20171671,02450.452.95$11,449
Jan 201701,20349.413.42$4,113
Dec 20161841,20348.763.72$13,450
Nov 2016087042.492.64$2,301
Oct 20161781,89946.193.09$14,090
Sep 20161782,36841.553.10$14,738
Aug 20161712,86441.442.92$15,462
Jul 201612,77041.622.92$8,142
Jun 20163701,49145.352.69$20,784
May 201611,89442.521.99$3,814
Apr 20163594,58936.561.99$22,262
Mar 201624,25633.011.79$7,701
Feb 20161773,82726.472.06$12,583
Jan 20161814,00127.352.36$14,410
Dec 20151704,09332.362.00$13,693
Nov 20151673,94138.792.17$15,019
Oct 20153323,84543.552.43$23,789
Sep 20151833,68342.992.76$18,026
Aug 20153383,41540.162.87$23,384
Jul 20151733,88248.152.95$19,763
Jun 201523,79956.152.88$11,064
May 20151744,13955.212.96$21,839
Apr 20153334,26349.822.71$28,128
Mar 20153414,25542.892.93$27,113
Feb 20151613,02644.662.98$16,196
Jan 20153423,58543.433.10$25,969
Dec 201462,52054.693.59$9,378
Nov 201417058470.464.25$14,461
Oct 20141813,81678.303.90$29,058
Sep 20143353,73586.164.05$43,973
Aug 20141763,52589.394.04$29,956
Jul 20141742,46196.564.18$27,087
Jun 20143353,06298.164.74$47,388
May 20141992,77694.734.73$31,972
Apr 20141702,61595.944.81$28,886
Mar 20143422,47495.895.06$45,305
Feb 20141752,64397.406.19$33,410
Jan 20141622,71490.404.86$27,837
Dec 20133552,68291.824.35$44,275
Nov 20133362,88188.853.74$40,624
Oct 20131802,88197.423.78$28,424
Sep 20133342,893104.113.72$45,528
Aug 20133312,972104.253.52$44,976
Jul 20133372,677102.523.72$44,502
Jun 20131673,71294.403.93$30,366
May 20133393,69394.834.15$47,470
Apr 20133414,12293.964.28$49,693
Mar 20133323,59693.623.91$45,153
Feb 20133132,99591.233.42$38,798
Jan 20133484,17591.603.42$46,155
Dec 20123493,99886.773.42$43,957
Nov 20124944,71486.953.62$60,041
Oct 20121703,16089.383.40$25,938
Sep 20124974,52594.672.92$60,257
Aug 20123215,23992.662.91$44,980
Jul 20124985,34485.133.02$58,538
Jun 20125155,43879.822.52$54,806
May 20125155,12991.612.49$59,942
Apr 20123584,970101.652.00$46,315
Mar 20126964,683105.052.22$83,521
Feb 20125495,382101.102.57$69,337
Jan 20124985,01298.092.73$62,552
Dec 20116966,84496.873.24$89,594
Nov 20115004,91095.723.31$64,118
Oct 20116957,40984.983.65$86,093
Sep 20117005,25383.623.99$79,471
Aug 20117185,98483.404.15$84,711
Jul 20117245,88994.144.52$94,759
Jun 20116922,96292.904.64$78,030
May 20111,0743,47998.134.40$120,716
Apr 20116983,027105.964.33$87,077
Mar 20111,1612,70596.364.06$122,849
Feb 20117132,46485.644.18$71,361
Jan 20111,1933,94586.504.59$121,297
Dec 20101,2474,20285.734.35$125,175
Nov 20101,2183,54480.843.80$111,914
Oct 20101,0643,32478.103.51$94,762
Sep 20109215,26972.633.98$87,860

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
Oil                  357 bbl  × $106.41 =    $37,988
Casinghead gas     6,632 Mcf  × $  3.05 =    $20,200

────────────────────────────────────────────────────
Month total                                  $58,188

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/O/14990 is the state's own key, not one this site invented.