MILNER

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the HELEN GOHLKE (WILCOX, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 239490District 02Field 402314102 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Aug 2008 – Mar 2018
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
116
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1976-08-30
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2009.

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 Gas112009-10-08195006
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
CondensateDisposition1,855 bbl$138,084
GasProduction581,704 Mcf$2,719,041
Total$2,857,125

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 29.0432, -97.0049. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04315, -97.00495 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
15,600 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
1100.0%
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.
00.0%

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 15,600 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-46934057115,600 ftAug 2016Yes

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 (116)

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

116 months

Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201845062.874.01$2,829
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 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016085941.622.92$2,512
Jun 201601,46245.352.69$3,927
May 201601,78242.521.99$3,548
Apr 201601,66336.561.99$3,311
Mar 201601,58633.011.79$2,845
Feb 201602,18426.472.06$4,507
Jan 201602,79827.352.36$6,615
Dec 201501,06832.362.00$2,138
Nov 201502,43938.792.17$5,286
Oct 20151812,65743.552.43$14,330
Sep 201503,44642.992.76$9,506
Aug 201503,58840.162.87$10,306
Jul 201503,49848.152.95$10,302
Jun 201503,34156.152.88$9,632
May 201503,62155.212.96$10,702
Apr 201503,35049.822.71$9,067
Mar 201503,62242.892.93$10,630
Feb 201503,05544.662.98$9,092
Jan 201503,14843.433.10$9,761
Dec 201403,47654.693.59$12,484
Nov 201403,46170.464.25$14,716
Oct 201403,57978.303.90$13,962
Sep 2014733,48286.164.05$20,376
Aug 201423,53489.394.04$14,439
Jul 201403,89996.564.18$16,296
Jun 201403,52098.164.74$16,674
May 201403,76894.734.73$17,810
Apr 201403,84095.944.81$18,467
Mar 20141774,00095.895.06$37,200
Feb 201403,71397.406.19$22,991
Jan 201404,16490.404.86$20,240
Dec 201304,23591.824.35$18,441
Nov 201304,18488.853.74$15,641
Oct 201304,27197.423.78$16,142
Sep 201304,412104.113.72$16,403
Aug 201305,013104.253.52$17,659
Jul 201305,758102.523.72$21,407
Jun 201305,45994.403.93$21,472
May 201308,60694.834.15$35,707
Apr 20131785,69993.964.28$41,131
Mar 201303,88093.623.91$15,182
Feb 201303,03591.233.42$10,379
Jan 201304,68491.603.42$16,019
Dec 201201,01686.773.42$3,475
Nov 20120286.953.62$7
Oct 2012010289.383.40$347
Sep 2012012294.672.92$356
Aug 201201,26792.662.91$3,685
Jul 201204,65085.133.02$14,047
Jun 201204,11179.822.52$10,356
May 201204,85891.612.49$12,088
Apr 20121784,195101.652.00$26,470
Mar 201204,654105.052.22$10,342
Feb 201204,377101.102.57$11,250
Jan 201204,57898.092.73$12,517
Dec 201104,86396.873.24$15,755
Nov 201104,90895.723.31$16,252
Oct 201105,20084.983.65$18,972
Sep 201105,09783.623.99$20,316
Aug 201105,04583.404.15$20,933
Jul 201105,44994.144.52$24,614
Jun 20111755,18492.904.64$40,311
May 201105,52898.134.40$24,350
Apr 201104,933105.964.33$21,376
Mar 201125,44096.364.06$22,265
Feb 201105,29285.644.18$22,120
Jan 201106,16886.504.59$28,304
Dec 201005,73285.734.35$24,921
Nov 201005,79280.843.80$21,983
Oct 201006,37578.103.51$22,369
Sep 20101756,31572.633.98$37,841
Aug 201016,70273.684.42$29,692
Jul 201006,76772.554.74$32,052
Jun 201026,87070.364.91$33,875
May 201006,81471.124.24$28,859
Apr 201027,04181.694.12$29,191
Mar 201006,97378.394.39$30,602
Feb 201006,40573.585.44$34,858
Jan 201027,54274.365.96$45,130
Dec 200918,11271.445.48$44,556
Nov 200948,05674.593.75$30,520
Oct 20091368,65572.544.11$45,440
Sep 200907,82265.543.06$23,972
Aug 200939,22967.423.22$29,906
Jul 2009510,10361.133.46$35,307
Jun 2009010,63366.163.90$41,416
May 2009011,80854.743.93$46,355
Apr 2009011,45646.773.59$41,098
Mar 2009012,85342.144.06$52,170
Feb 200916212,60532.814.63$63,714
Jan 2009015,47335.865.37$83,105
Dec 2008017,65637.105.98$105,532
Nov 200816219,59055.496.86$143,384
Oct 200818428,21375.246.92$209,134
Sep 2008323,017101.767.88$181,612
Aug 2008237,217114.228.48$315,941

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.

Jan 2018 — as filed, then multipliedworked
Condensate            45 bbl  × $ 62.87 =     $2,829
Gas                    0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                   $2,829

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. 02/G/239490 is the state's own key, not one this site invented.