M. GILBY ET AL OIL UNIT

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

Oil lease lease 24870District 03Field 32688470OilCasinghead gasSaveExport
Value, all time
$2.6 M
Jul 2006 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
239
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1975-04-29
as the register files it
Field class
Oil and 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: FIELD ADMINISTRATIVELY BALANCED EFF 11/1/03 PER OPERATOR REQUEST.

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
OilDisposition21,986 bbl$1,489,344
Casinghead gasProduction221,458 Mcf$1,085,957
Total$2,575,301

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 29.3634, -95.0744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.36344, -95.07436 · 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
11,900 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 11,900 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-16731315211,900 ftSep 2004

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 (239)

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

239 months

May 202600106.413.05$0
Apr 2026351098.932.87$34,724
Mar 2026169089.753.15$15,168
Feb 2026355063.503.75$22,543
Jan 2026168059.138.00$9,934
Dec 2025184056.664.41$10,425
Nov 2025159058.593.93$9,316
Oct 2025328059.383.30$19,477
Sep 2025673062.743.08$42,224
Aug 20251,024063.933.01$65,464
Jul 2025274066.743.32$18,287
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 2022167084.888.16$14,175
Aug 2022278094.529.13$26,277
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 2020126034.901.69$4,397
May 20200016.921.81$0
Apr 2020131014.751.80$1,932
Mar 2020273030.341.86$8,283
Feb 20200049.881.98$0
Jan 2020168057.252.09$9,618
Dec 2019137859.012.30$8,103
Nov 2019121055.302.75$6,691
Oct 201912814753.472.42$7,200
Sep 201924012955.052.66$13,555
Aug 2019113053.112.30$6,001
Jul 20192445356.272.46$13,860
Jun 201912519252.782.49$7,076
May 20191351,30058.482.74$11,457
Apr 2019250062.632.75$15,658
Mar 20192623,76556.803.06$26,410
Feb 201912776850.852.79$8,602
Jan 20191211,44346.033.23$10,228
Dec 20182101,73846.594.19$17,058
Nov 201810419952.934.24$6,348
Oct 201810559861.443.40$8,483
Sep 2018157059.543.11$9,348
Aug 201814218159.403.07$8,990
Jul 2018212065.142.93$13,810
Jun 201814165560.183.08$10,501
May 20181051,04465.382.90$9,893
Apr 2018196063.842.90$12,513
Mar 201855061.222.79$3,367
Feb 201810021461.782.77$6,770
Jan 20181612,14662.874.01$18,726
Dec 201754057.272.92$3,093
Nov 20171671,07755.423.12$12,614
Oct 20171321,40149.292.98$10,686
Sep 2017611,03347.523.09$6,088
Aug 2017521,40145.373.00$6,568
Jul 2017881,63643.873.09$8,911
Jun 20171051,88942.493.09$10,293
May 20171352,81245.373.26$15,302
Apr 2017481,26247.933.21$6,354
Mar 2017501,58346.772.98$7,062
Feb 20176272150.452.95$5,257
Jan 201742049.413.42$2,075
Dec 201641048.763.72$1,999
Nov 20169169942.492.64$5,715
Oct 20162690646.193.09$4,001
Sep 20163991741.553.10$4,464
Aug 2016791,76941.442.92$8,447
Jul 2016581,69341.622.92$7,365
Jun 2016491,72445.352.69$6,853
May 2016771,78342.521.99$6,824
Apr 2016951,99836.561.99$7,451
Mar 201661033.011.79$2,014
Feb 201674026.472.06$1,959
Jan 201614871627.352.36$5,741
Dec 201595032.362.00$3,074
Nov 2015113038.792.17$4,383
Oct 2015160043.552.43$6,968
Sep 20151682,28042.992.76$13,512
Aug 201517156540.162.87$8,490
Jul 2015177048.152.95$8,523
Jun 20150056.152.88$0
May 2015029255.212.96$863
Apr 2015233049.822.71$11,608
Mar 2015148042.892.93$6,348
Feb 201574044.662.98$3,305
Jan 2015372,64043.433.10$9,793
Dec 2014251,66854.693.59$7,358
Nov 20142265470.464.25$4,331
Oct 201447078.303.90$3,680
Sep 2014196086.164.05$16,887
Aug 2014116089.394.04$10,369
Jul 201446096.564.18$4,442
Jun 20144098.164.74$393
May 201448094.734.73$4,547
Apr 2014721,99095.944.81$16,478
Mar 20146699195.895.06$11,340
Feb 20149673197.406.19$13,877
Jan 2014125090.404.86$11,300
Dec 2013214091.824.35$19,649
Nov 20130088.853.74$0
Oct 20131871,81297.423.78$25,066
Sep 2013923,194104.113.72$21,453
Aug 20132012,271104.253.52$28,954
Jul 20131452,021102.523.72$22,379
Jun 2013373,61794.403.93$17,720
May 20131274,96594.834.15$32,644
Apr 20131075,16793.964.28$32,182
Mar 2013363,90493.623.91$18,646
Feb 20131082,84091.233.42$19,565
Jan 20138091.603.42$733
Dec 2012065986.773.42$2,254
Nov 2012184086.953.62$15,999
Oct 201284089.383.40$7,508
Sep 201289094.672.92$8,426
Aug 20120092.662.91$0
Jul 201291085.133.02$7,747
Jun 2012941,02179.822.52$10,075
May 20122091,95791.612.49$24,016
Apr 20121041,225101.652.00$13,018
Mar 20120773105.052.22$1,718
Feb 2012210611101.102.57$22,801
Jan 2012633398.092.73$1,499
Dec 2011100096.873.24$9,687
Nov 2011111095.723.31$10,625
Oct 20111051,22284.983.65$13,381
Sep 201111250783.623.99$11,386
Aug 201110554583.404.15$11,018
Jul 201120927194.144.52$20,899
Jun 2011105092.904.64$9,755
May 201121695798.134.40$25,411
Apr 20111112,141105.964.33$21,039
Mar 20112321,50396.364.06$28,454
Feb 20112484,65385.644.18$40,688
Jan 20111151,68186.504.59$17,661
Dec 201011647785.734.35$12,019
Nov 201010918580.843.80$9,514
Oct 20101051,04778.103.51$11,874
Sep 20101951,27172.633.98$19,221
Aug 20101062,04373.684.42$16,839
Jul 20101082,19172.554.74$18,213
Jun 20101832,09270.364.91$23,148
May 2010821,11971.124.24$10,571
Apr 20101541,31381.694.12$17,993
Mar 2010811,75078.394.39$14,030
Feb 20101592,50573.585.44$25,332
Jan 2010832,75274.365.96$22,585
Dec 20091652,88071.445.48$27,581
Nov 2009752,53774.593.75$15,112
Oct 20091601,28772.544.11$16,896
Sep 20092471,29565.543.06$20,157
Aug 20093011,78167.423.22$26,026
Jul 20091752,08761.133.46$17,928
Jun 2009851,16666.163.90$10,165
May 20099810,63254.743.93$47,103
Apr 2009912,90246.773.59$14,667
Mar 2009771,70342.144.06$10,157
Feb 2009131,17332.814.63$5,861
Jan 2009921,85835.865.37$13,278
Dec 2008952,86137.105.98$20,625
Nov 200873,53155.496.86$24,612
Oct 20089998775.246.92$14,281
Sep 20080970101.767.88$7,641
Aug 2008781,311114.228.48$20,030
Jul 20080303131.0811.39$3,451
Jun 200801,541131.3313.03$20,083
May 20081021,712123.1711.57$32,379
Apr 20081271,359110.3110.45$28,218
Mar 200802,931101.909.66$28,325
Feb 200801,55992.538.77$13,673
Jan 2008971,50490.388.21$21,108
Dec 2007641,31088.337.30$15,219
Nov 2007141,17291.677.29$9,829
Oct 2007181,84682.856.92$14,269
Sep 2007171,78675.846.24$12,441
Aug 2007172,14869.066.39$14,895
Jul 2007282,37670.906.39$17,163
Jun 2007582,26862.007.55$20,716
May 20071312,41058.747.85$26,604
Apr 20071432,20359.617.81$25,719
Mar 20071325,83156.927.30$50,091
Feb 20072193,89355.108.22$44,052
Jan 20071203,02150.306.73$26,358
Dec 20061532,78156.656.92$27,908
Nov 20061503,40654.207.62$34,075
Oct 20061623,27854.906.01$28,607
Sep 20061244,20160.085.04$28,611
Aug 2006773,65268.717.34$32,096
Jul 20060069.376.34$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                  351 bbl  × $ 98.93 =    $34,724
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $34,724

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/O/24870 is the state's own key, not one this site invented.