SABRE

Operated by WALSH & WATTS, INC. (P-5 895060) in the SABRE (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31249District 08Field 79423400NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered
1976-10-26
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-09-01.

The Commission's schedule remark for this field reads: OIL RULES ADDED TO GAS 1/23/95

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
NGPA2none

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
OilDisposition128,746 bbl$5,463,436
Casinghead gasProduction769,036 Mcf$2,952,710
Total$8,416,146

157,953 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 31.8192, -103.9357. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.81791, -103.93425 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,500 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 4,400 and 15,733 ft, median 4,500 ft, over the 3 wells that filed a depth.

Completions filed
May 1987 – Mar 2013
3 of 3 wells

3 wells

42-3893317134,500 ftMar 2013
42-389317692WS4,400 ftJun 1987
42-389309021WS15,733 ftMay 1987Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016163042.492.64$6,926
Oct 2016197046.193.09$9,099
Sep 2016395041.553.10$16,412
Aug 2016198041.442.92$8,205
Jul 20160041.622.92$0
Jun 2016395045.352.69$17,913
May 2016190042.521.99$8,079
Apr 2016183036.561.99$6,690
Mar 2016389033.011.79$12,841
Feb 2016197026.472.06$5,215
Jan 2016395027.352.36$10,803
Dec 20151981132.362.00$6,429
Nov 20153965638.792.17$15,482
Oct 20153911,26643.552.43$20,100
Sep 20151951,51142.992.76$12,551
Aug 20152021,58440.162.87$12,662
Jul 20151991,14748.152.95$12,960
Jun 20151791,78056.152.88$15,182
May 20151841,85355.212.96$15,635
Apr 20151961,65849.822.71$14,252
Mar 20153911,19742.892.93$20,283
Feb 20151951,79844.662.98$14,060
Jan 20155972,20943.433.10$32,777
Dec 201402,65854.693.59$9,546
Nov 20144062,28670.464.25$38,326
Oct 20142012,81978.303.90$26,735
Sep 20144042,28586.164.05$44,052
Aug 20143962,72389.394.04$46,386
Jul 20144033,05996.564.18$51,699
Jun 20142022,80898.164.74$33,129
May 20143953,34794.734.73$53,238
Apr 20141993,15695.944.81$34,270
Mar 201403,10895.895.06$15,717
Feb 20148073,46597.406.19$100,057
Jan 20142033,83590.404.86$36,992
Dec 20132053,31991.824.35$33,276
Nov 20131933,61788.853.74$30,669
Oct 20133912,21397.423.78$46,455
Sep 20133752,383104.113.72$47,901
Aug 20133872,432104.253.52$48,912
Jul 20135922,498102.523.72$69,979
Jun 20131991,94394.403.93$26,428
May 20131992,01594.834.15$27,232
Apr 20133831,32293.964.28$41,648
Mar 201359777293.623.91$58,912
Feb 20135791,83991.233.42$59,111
Jan 201301,67391.603.42$5,722
Dec 20123801,74486.773.42$38,937
Nov 201232678386.953.62$31,184
Oct 2012570089.383.40$50,947
Sep 20121981,93094.672.92$24,377
Aug 20121571,41392.662.91$18,657
Jul 20123921,40285.133.02$37,606
Jun 20123172,48179.822.52$31,553
May 20121991,88491.612.49$22,918
Apr 20121981,717101.652.00$23,555
Mar 2012346199105.052.22$36,789
Feb 2012334130101.102.57$34,102
Jan 201254174798.092.73$55,109
Dec 20113381,62296.873.24$37,997
Nov 201134676095.723.31$35,636
Oct 20113441,88184.983.65$36,096
Sep 20113602,63183.623.99$40,590
Aug 20115572,38283.404.15$56,337
Jul 20111882,57594.144.52$29,330
Jun 20113272,71092.904.64$42,952
May 20115202,84498.134.40$63,555
Apr 20116812,804105.964.33$84,309
Mar 20111732,79896.364.06$28,023
Feb 2011076785.644.18$3,206
Jan 2011355086.504.59$30,708
Dec 2010333085.734.35$28,548
Nov 20100080.843.80$0
Oct 20104982,36178.103.51$47,178
Sep 20101752,63572.633.98$23,196
Aug 20105232,39773.684.42$49,128
Jul 20101722,64072.554.74$24,983
Jun 20101631,42470.364.91$18,461
May 20104922,62271.124.24$46,096
Apr 20105012,99281.694.12$53,262
Mar 20103383,01378.394.39$39,719
Feb 20103342,43373.585.44$37,817
Jan 20105062,83974.365.96$54,558
Dec 20093382,54471.445.48$38,097
Nov 20093312,79174.593.75$35,160
Oct 20093542,40572.544.11$35,564
Sep 200950137765.543.06$33,991
Aug 20093322,45967.423.22$30,298
Jul 20094942,80961.133.46$39,930
Jun 20095062,25166.163.90$42,245
May 20093242,88954.743.93$29,077
Apr 20093322,82146.773.59$25,648
Mar 20094982,91142.144.06$32,801
Feb 20093312,59832.814.63$22,897
Jan 20095052,96835.865.37$34,050
Dec 20084992,91037.105.98$35,906
Nov 20083352,71855.496.86$37,236
Oct 20083342,90175.246.92$45,211
Sep 20084922,982101.767.88$73,555
Aug 20083263,029114.228.48$62,931
Jul 20084941,760131.0811.39$84,799
Jun 20084801,320131.3313.03$80,241
May 20083242,710123.1711.57$71,273
Apr 20084883,068110.3110.45$85,907
Mar 20084872,943101.909.66$78,067
Feb 20083272,89892.538.77$55,674
Jan 20085003,13390.388.21$70,899
Dec 20073333,09988.337.30$52,043
Nov 20074973,09391.677.29$68,113
Oct 20074953,14082.856.92$62,746
Sep 20073292,99475.846.24$43,646
Aug 20073212,58969.066.39$38,707
Jul 20075263,11770.906.39$57,205
Jun 20073432,97462.007.55$43,715
May 20075773,08958.747.85$58,130
Apr 20073292,72059.617.81$40,842
Mar 20075623,20456.927.30$55,385
Feb 20073462,82555.108.22$42,275
Jan 20075293,06250.306.73$47,206
Dec 20065222,86356.656.92$49,379
Nov 20063733,17854.207.62$44,425
Oct 20064962,86454.906.01$44,454
Sep 20064963,14760.085.04$45,652
Aug 20064953,21068.717.34$57,573
Jul 20064933,13269.376.34$54,065
Jun 20063593,15466.286.38$43,929
May 20065253,32266.016.42$55,999
Apr 20063373,05864.397.36$44,208
Mar 20067033,11856.707.08$61,945
Feb 20063312,39457.597.75$37,618
Jan 20065293,09560.598.93$59,701
Dec 20053153,08754.9413.42$58,719
Nov 20055663,21854.6910.59$65,028
Oct 20055243,32858.3413.80$76,482
Sep 20055003,20461.4512.08$69,426
Aug 20055522,91061.519.80$62,462
Jul 20055162,93355.697.84$51,741
Jun 20055303,10852.337.38$50,675
May 20053933,16845.226.65$38,842
Apr 20055933,00149.207.36$51,264
Mar 20055683,21050.377.15$51,577
Feb 20053912,82245.226.31$35,493
Jan 20053983,21143.166.32$37,478
Dec 20045653,12239.866.75$43,598
Nov 20045313,12345.286.33$43,814
Oct 20043973,29849.706.52$41,218
Sep 20045363,15543.245.28$39,847
Aug 20046683,24742.375.55$46,326
Jul 20043333,05338.286.08$31,322
Jun 20045313,14736.106.43$39,414
May 20046633,20937.486.49$45,690
Apr 20043903,02234.475.86$31,148
Mar 20045233,12334.365.53$35,241
Feb 20044952,73832.455.51$31,148
Jan 20045252,75632.036.30$34,178
Dec 20033552,41230.266.30$25,942
Nov 20035672,12928.804.60$26,113
Oct 20035541,29628.174.76$21,775
Sep 20035693,12926.314.75$29,831
Aug 20037203,68229.765.13$40,315
Jul 20035662,50829.415.17$29,615
Jun 20033953,31928.565.98$31,139
May 20035643,32526.595.97$34,856
Apr 20033902,83526.675.41$25,731
Mar 20035663,46831.146.10$38,766
Feb 20035683,18633.487.93$44,268
Jan 20034003,51130.315.58$31,723
Dec 20025633,33926.914.85$31,357
Nov 20025453,39724.664.14$27,493
Oct 20027233,43826.464.23$33,670
Sep 20023783,12127.443.64$21,718
Aug 20023733,23325.963.16$19,913
Jul 20025843,31524.583.06$24,504
Jun 20025833,36323.733.34$25,061
May 20025763,04524.663.58$25,117
Apr 20023933,25423.653.51$20,724
Mar 20025663,18422.003.10$22,331
Feb 20025972,79318.222.38$17,513
Jan 20023983,32017.172.38$14,721
Dec 20016003,32816.932.36$18,027
Nov 20013943,14718.072.41$14,690
Oct 20013983,34319.782.53$16,326
Sep 20013602,99724.262.25$15,481
Aug 200175594924.873.05$21,674
Jul 20017653,62923.933.20$29,909
Jun 20013933,31724.563.82$22,337
May 20015703,42025.524.31$29,277
Apr 20013703,32424.685.34$26,866
Mar 20017443,29424.545.38$35,968
Feb 20013702,69727.755.77$25,821
Jan 20013772,98227.478.40$35,401
Dec 20007512,21726.889.12$40,411
Nov 20003912,94332.215.66$29,246
Oct 20005803,13431.235.15$34,239
Sep 20005583,16531.875.19$34,199
Aug 20005613,20129.644.54$31,163
Jul 20005482,80428.534.09$27,102
Jun 20003742,71129.304.40$22,879
May 20005673,05827.263.68$26,709
Apr 20005433,58324.513.12$24,474
Mar 20006823,44928.422.86$29,246
Feb 20005693,51427.622.73$25,297
Jan 20005593,88325.272.48$23,758
Dec 19993732,75024.282.42$15,722
Nov 19993712,22023.192.43$14,007
Oct 19995592,17720.982.80$17,832
Sep 19993583,58421.752.62$17,172
Aug 19995323,78219.262.88$21,122
Jul 19995343,71717.892.37$18,371
Jun 19993542,86715.942.36$12,415
May 19997093,50615.792.32$19,333
Apr 19993583,15915.102.21$12,381
Mar 19995343,49012.471.84$13,075
Feb 19996932,8569.981.82$12,108
Jan 19995323,60810.381.90$12,377
Dec 19985293,2009.201.77$10,541
Nov 19985153,12010.892.19$12,428
Oct 19986763,03112.421.97$14,365
Sep 19985333,36612.592.08$13,721
Aug 19985172,46611.301.91$10,546
Jul 19985182,42311.742.24$11,502
Jun 19986302,15811.242.24$11,909
May 19985172,43012.622.21$11,886
Apr 19985333,47413.042.51$15,654
Mar 19985192,86112.802.31$13,251
Feb 19987102,51513.952.30$15,687
Jan 19983593,84014.702.15$13,552
Dec 19975293,70616.322.41$17,569
Nov 19975103,59818.193.09$20,388
Oct 19976973,82719.253.15$25,472
Sep 19975333,82417.742.95$20,755
Aug 19975313,54417.862.55$18,538
Jul 19975363,23817.582.25$16,698
Jun 19974893,20317.242.26$15,660
May 19978543,17418.972.31$23,528
Apr 19975273,27517.882.08$16,244
Mar 19976883,18018.951.94$19,204
Feb 19973583,74820.492.21$15,603
Jan 19973292,44123.483.54$16,365
Dec 19966703,07723.32$15,624
Nov 19965352,89721.97$11,754
Oct 19966733,05323.31$15,688
Sep 19966863,47922.22$15,243
Aug 199602,81720.26$0
Jul 19964772,63119.55$9,325
Jun 19966913,63718.73$12,942
May 19968224,03219.43$15,971
Apr 19967093,97021.51$15,251
Mar 19969072,25919.38$17,578
Feb 19963652,11816.98$6,198
Jan 19965422,86917.07$9,252
Dec 19957192,14517.19$12,360
Nov 19955491,10016.00$8,784
Oct 19957173,64615.43$11,063
Sep 19951793,07816.18$2,896
Aug 19953482,25515.92$5,540
Jul 19953121,61115.24$4,755
Jun 19951752,83816.41$2,872
May 19956673,74217.56$11,713
Apr 19957133,12317.73$12,641
Mar 19955283,46016.44$8,680
Feb 19953673,16516.58$6,085
Jan 19957163,82415.92$11,399
Dec 19945513,08915.03$8,282
Nov 19947083,02015.90$11,257
Oct 19947204,02815.58$11,218
Sep 19947122,99715.29$10,886
Aug 19947063,74716.13$11,388
Jul 19948373,03317.56$14,698
Jun 19947194,11617.09$12,288
May 19941803,05915.88$2,858
Apr 19943683,71114.14$5,204
Mar 19944775,18812.46$5,943
Feb 19943594,89012.50$4,488
Jan 19943484,00512.66$4,406
Dec 19935493,87212.33$6,769
Nov 19933653,26814.49$5,289
Oct 19935452,83715.85$8,638
Sep 19935363,56115.03$8,056
Aug 19933403,24115.66$5,324
Jul 19934872,91715.46$7,529
Jun 19933533,84816.79$5,927
May 19936243,65517.68$11,032
Apr 19933663,85018.05$6,606
Mar 19937214,27118.14$13,079
Feb 19933663,09317.90$6,551
Jan 19937223,83116.93$12,223

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.

Nov 2016 — as filed, then multipliedworked
Oil                  163 bbl  × $ 42.49 =     $6,926
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $6,926

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. 08/O/31249 is the state's own key, not one this site invented.