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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 289857District 03Field 535596002 tax incentive programmesCondensateGasSaveExport
Value, all time
$73.4 M
Feb 2020 – May 2026
Value, last 12 filed months
$6.7 M
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
condensate, gas

The LIGHTNING (TEX-MISS CONS) field

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
CondensateDisposition397,952 bbl$25,520,786
GasProduction13,780,626 Mcf$47,897,555
Total$73,418,341

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, -96.1725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67254, -96.17253 · 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
14,981 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 14,981 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-321324302ST14,981 ftFeb 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 (76)

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

76 months

May 20261,89077,804106.413.05$438,093
Apr 20261,93277,54098.932.87$413,651
Mar 20262,01378,34989.753.15$427,422
Feb 20262,18580,21063.503.75$439,561
Jan 20262,706100,02159.138.00$959,966
Dec 20252,705104,14556.664.41$612,895
Nov 20252,712104,23258.593.93$568,157
Oct 20252,924110,78959.383.30$539,767
Sep 20252,978110,85862.743.08$527,941
Aug 20253,102118,43763.933.01$555,370
Jul 20253,377120,94866.743.32$626,348
Jun 20253,026112,14066.483.13$552,023
May 20253,226124,70860.553.23$598,430
Apr 20253,522123,07262.363.54$655,691
Mar 20253,781129,73367.704.27$809,716
Feb 20253,242119,02570.884.34$746,461
Jan 20253,894135,25774.324.28$868,124
Dec 20244,032137,11268.993.12$706,145
Nov 20243,761134,55469.052.20$555,506
Oct 20243,901140,20571.372.28$598,278
Sep 20243,888138,94869.612.36$599,167
Aug 20243,998145,35875.632.06$602,334
Jul 20243,854131,57579.932.15$590,488
Jun 20243,589131,54178.082.63$626,705
May 20243,532123,21278.812.20$549,231
Apr 20243,476120,01884.451.66$492,682
Mar 20243,743126,83880.301.55$496,544
Feb 20243,964120,47076.091.78$516,496
Jan 20244,092130,64973.023.30$729,634
Dec 20233,890133,53571.262.61$625,824
Nov 20233,875131,87277.892.81$672,062
Oct 20234,135139,17885.443.09$782,976
Sep 20233,931137,27989.042.74$725,480
Aug 20234,272144,77580.522.67$730,948
Jul 20234,079146,96474.852.64$693,563
Jun 20234,029142,89968.962.26$600,574
May 20234,501150,18670.622.23$652,385
Apr 20233,948141,17678.122.24$624,336
Mar 20234,413146,86872.852.39$672,966
Feb 20234,295136,62275.112.47$659,464
Jan 20234,551152,79976.533.39$865,928
Dec 20224,977155,64476.415.73$1,271,990
Nov 20224,621154,48985.005.65$1,265,061
Oct 20224,932162,22487.185.86$1,381,214
Sep 20224,688161,10984.888.16$1,713,160
Aug 20224,746167,04894.529.13$1,973,266
Jul 20224,799170,125101.587.54$1,770,579
Jun 20224,700167,767115.097.98$1,879,234
May 20224,830169,443109.378.43$1,957,177
Apr 20224,322150,062104.226.84$1,476,503
Mar 20225,409178,984108.885.08$1,497,526
Feb 20225,099167,75391.054.86$1,279,349
Jan 20225,688185,21081.844.54$1,305,930
Dec 20215,494188,36371.323.90$1,126,282
Nov 20215,524183,10877.435.24$1,386,632
Oct 20216,618221,40279.795.71$1,793,112
Sep 20216,660234,18669.865.35$1,718,378
Aug 20216,962252,50066.024.22$1,525,330
Jul 20217,269255,59670.783.98$1,532,304
Jun 20217,275250,48769.493.38$1,352,341
May 20217,531265,01363.483.02$1,277,790
Apr 20219,041301,77860.362.76$1,378,145
Mar 20219,128315,41361.302.72$1,416,505
Feb 20217,911265,54357.805.55$1,930,475
Jan 20219,797328,12850.412.81$1,415,995
Dec 202010,376341,08544.642.68$1,375,744
Nov 20209,687336,67238.772.71$1,286,791
Oct 202010,612355,05436.972.48$1,272,302
Sep 20208,674319,84437.091.99$958,541
Aug 20208,524293,92639.982.39$1,041,832
Jul 202010,392367,76238.371.83$1,069,951
Jun 202010,404362,71334.901.69$976,197
May 202011,160386,05616.921.81$889,422
Apr 202011,003372,84314.751.80$835,045
Mar 202011,824390,45730.341.86$1,083,518
Feb 20202,31190,93849.881.98$295,391

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         1,890 bbl  × $106.41 =   $201,115
Gas               77,804 Mcf  × $  3.05 =   $236,979

────────────────────────────────────────────────────
Month total                                 $438,093

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/289857 is the state's own key, not one this site invented.