GREEN

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIGHTNING (TEX-MISS CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288489District 03Field 535596002 tax incentive programmesCondensateGasSaveExport
Value, all time
$102.6 M
May 2019 – May 2026
Value, last 12 filed months
$11.6 M
at the published price for each month
Months reported
85
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 leases and 2 wells, and the rule below applies to all of them.

Discovered
2019-05-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2021.

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-1212023-09-202 dockets

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
CondensateDisposition570,158 bbl$37,419,756
GasProduction19,098,079 Mcf$65,193,958
Total$102,613,714

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 28.6725, -96.1683. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67253, -96.16826 · 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
15,217 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 15,217 ft.

Completions filed
Sep 2020
1 of 1 wells

1 well

42-321324221ST15,217 ftSep 2020

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 (85)

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

85 months

May 20264,493160,414106.413.05$966,696
Apr 20264,629156,56198.932.87$907,233
Mar 20264,728166,40589.753.15$948,421
Feb 20264,203152,70963.503.75$839,598
Jan 20264,743168,85859.138.00$1,630,966
Dec 20254,975170,67456.664.41$1,035,129
Nov 20254,849166,91358.593.93$939,477
Oct 20255,107174,18759.383.30$878,914
Sep 20254,751168,83762.743.08$817,576
Aug 20254,835176,41263.933.01$840,941
Jul 20255,273179,17766.743.32$945,928
Jun 20254,434161,36966.483.13$799,651
May 20255,079177,21060.553.23$880,333
Apr 20255,260173,10762.363.54$941,352
Mar 20255,472183,07167.704.27$1,151,860
Feb 20254,921166,44670.884.34$1,071,316
Jan 20255,505184,03574.324.28$1,196,558
Dec 20245,448185,40968.993.12$954,588
Nov 20245,364183,05969.052.20$772,828
Oct 20245,330186,56071.372.28$806,020
Sep 20245,211180,33069.612.36$789,103
Aug 20245,768190,16075.632.06$828,654
Jul 20245,096175,73879.932.15$784,561
Jun 20245,395187,15478.082.63$914,201
May 20245,885196,41178.812.20$895,595
Apr 20245,681190,36284.451.66$795,609
Mar 20246,113197,87080.301.55$796,609
Feb 20245,183188,60276.091.78$730,773
Jan 20246,033204,30973.023.30$1,114,271
Dec 20235,976208,21471.262.61$969,438
Nov 20236,023203,29677.892.81$1,039,897
Oct 20235,941210,19185.443.09$1,156,518
Sep 20235,769204,83989.042.74$1,073,915
Aug 20236,087211,85180.522.67$1,056,378
Jul 20236,209215,31074.852.64$1,033,550
Jun 20236,038211,99268.962.26$895,160
May 20236,716220,06470.622.23$964,454
Apr 20236,591214,62178.122.24$995,159
Mar 20236,625223,14572.852.39$1,016,653
Feb 20235,887202,70175.112.47$941,968
Jan 20236,804223,60976.533.39$1,278,235
Dec 20226,883227,91876.415.73$1,831,690
Nov 20226,744221,37285.005.65$1,823,151
Oct 20226,927231,48387.185.86$1,961,257
Sep 20226,788225,36784.888.16$2,415,990
Aug 20226,892235,43094.529.13$2,800,239
Jul 20226,972238,306101.587.54$2,505,539
Jun 20227,214232,681115.097.98$2,686,402
May 20226,186200,795109.378.43$2,369,875
Apr 20225,689190,963104.226.84$1,898,636
Mar 20226,791204,991108.885.08$1,780,020
Feb 20226,030185,85791.054.86$1,452,081
Jan 20226,628205,06981.844.54$1,472,973
Dec 20216,308205,15371.323.90$1,249,803
Nov 20216,975217,37777.435.24$1,678,445
Oct 20217,371245,48879.795.71$1,990,819
Sep 20217,077233,96069.865.35$1,746,300
Aug 20216,861229,79166.024.22$1,422,817
Jul 20217,916253,30370.783.98$1,568,967
Jun 20217,397247,41769.493.38$1,350,440
May 20218,173261,37263.483.02$1,307,556
Apr 20219,246300,37160.362.76$1,386,638
Mar 20219,574312,72561.302.72$1,436,541
Feb 20219,761310,14457.805.55$2,284,849
Jan 202110,274323,50950.412.81$1,427,060
Dec 202010,292328,10844.642.68$1,337,275
Nov 20209,896321,47038.772.71$1,253,749
Oct 202010,368337,48136.972.48$1,219,728
Sep 20209,182316,49037.091.99$970,705
Aug 20208,456277,53239.982.39$1,000,012
Jul 20209,723338,39538.371.83$990,683
Jun 202010,169347,57834.901.69$942,413
May 202011,005363,12316.921.81$845,182
Apr 202011,135359,00014.751.80$812,014
Mar 202012,135388,35230.341.86$1,089,047
Feb 202010,302355,66949.881.98$1,218,327
Jan 202010,932374,82757.252.09$1,411,022
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201910,110334,10453.472.42$1,348,626
Sep 20198,872306,29255.052.66$1,302,307
Aug 201910,463370,53753.112.30$1,409,541
Jul 201910,326346,17756.272.46$1,432,660
Jun 20194,455165,60652.782.49$647,693
May 20191,23024,31458.482.74$138,559

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         4,493 bbl  × $106.41 =   $478,100
Gas              160,414 Mcf  × $  3.05 =   $488,595

────────────────────────────────────────────────────
Month total                                 $966,696

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. 03/G/288489 is the state's own key, not one this site invented.