PAGE, R.C. GAS UNIT 1

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

Gas lease lease 237145District 04Field 881031002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Nov 2007 – Feb 2018
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
124
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 142 leases and 144 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: BE SUSPENDED.

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 Gas112010-09-21199269
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
CondensateDisposition20,319 bbl$1,533,090
GasProduction925,932 Mcf$5,333,000
Total$6,866,091

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 26.2543, -98.4395. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.25434, -98.43950 · 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
100.0%
1 of 1 wells
Median depth
10,752 ft
1 wells filed one
Completion to plug
5.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 10,752 ft.

Completions filed
Aug 2012
1 of 1 wells
Plug dates filed
Feb 2018
1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21533632810,752 ftAug 2012Feb 2018Yes

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 (124)

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

124 months

Feb 20180061.782.77$0
Jan 2018073062.874.01$2,927
Dec 2017678857.272.92$2,646
Nov 20172773455.423.12$3,785
Oct 20174571549.292.98$4,351
Sep 20173478747.523.09$4,045
Aug 20173963745.373.00$3,683
Jul 20173885643.873.09$4,310
Jun 20174481142.493.09$4,373
May 20174693345.373.26$5,132
Apr 20174796547.933.21$5,352
Mar 20175594246.772.98$5,383
Feb 20176181950.452.95$5,496
Jan 20174988949.413.42$5,460
Dec 20166293448.763.72$6,500
Nov 20165590242.492.64$4,722
Oct 20165595946.193.09$5,504
Sep 20165595141.553.10$5,234
Aug 20165896541.442.92$5,226
Jul 2016731,06541.622.92$6,153
Jun 20166695945.352.69$5,569
May 2016661,05242.521.99$4,901
Apr 2016731,01536.561.99$4,690
Mar 2016801,07533.011.79$4,569
Feb 20167195226.472.06$3,844
Jan 2016471,04727.352.36$3,761
Dec 20156093132.362.00$3,805
Nov 20155694138.792.17$4,212
Oct 2015581,01243.552.43$4,982
Sep 2015421,07042.992.76$4,757
Aug 20155997340.162.87$5,164
Jul 2015561,02548.152.95$5,715
Jun 20156097656.152.88$6,183
May 20155598555.212.96$5,948
Apr 20156398249.822.71$5,797
Mar 2015731,11242.892.93$6,394
Feb 20156393444.662.98$5,593
Jan 2015601,14343.433.10$6,150
Dec 2014531,14954.693.59$7,025
Nov 2014511,29570.464.25$9,100
Oct 2014841,32978.303.90$11,762
Sep 20143091,40186.164.05$32,291
Aug 20142511,54089.394.04$28,651
Jul 20142941,75596.564.18$35,724
Jun 20142731,82898.164.74$35,457
May 20143121,79294.734.73$38,026
Apr 20142761,97895.944.81$35,992
Mar 20143462,20895.895.06$44,343
Feb 20142481,94797.406.19$36,211
Jan 20143212,34790.404.86$40,427
Dec 20132712,32891.824.35$35,020
Nov 20132561,92188.853.74$29,927
Oct 20132892,19097.423.78$36,431
Sep 20132672,376104.113.72$36,631
Aug 20132662,934104.253.52$38,066
Jul 20132653,752102.523.72$41,117
Jun 20132394,70494.403.93$41,064
May 20133055,65194.834.15$52,370
Apr 20133196,12793.964.28$56,213
Mar 20132856,69693.623.91$52,882
Feb 20132416,58191.233.42$44,493
Jan 20133227,41491.603.42$54,850
Dec 20122988,06986.773.42$53,455
Nov 20123438,04686.953.62$58,990
Oct 20123668,40789.383.40$61,294
Sep 20122748,33394.672.92$50,259
Aug 20122747,53692.662.91$47,305
Jul 20123037,64785.133.02$48,894
Jun 20122707,76079.822.52$41,099
May 20122807,86791.612.49$45,226
Apr 20122597,663101.652.00$41,629
Mar 20123218,788105.052.22$53,249
Feb 20121047,542101.102.57$29,899
Jan 2012988,86298.092.73$33,842
Dec 2011998,57996.873.24$37,384
Nov 2011968,36395.723.31$36,881
Oct 20111428,84384.983.65$44,331
Sep 20111928,04883.623.99$48,133
Aug 20112528,82683.404.15$57,639
Jul 20113208,81394.144.52$69,935
Jun 20111648,64192.904.64$55,329
May 20111489,08198.134.40$54,523
Apr 20111148,614105.964.33$49,406
Mar 20111299,11096.364.06$49,393
Feb 2011838,54885.644.18$42,839
Jan 20111418,91386.504.59$53,096
Dec 201020010,63485.734.35$63,380
Nov 20101798,81780.843.80$47,934
Oct 20101679,41878.103.51$46,089
Sep 2010869,31172.633.98$43,299
Aug 20101099,59173.684.42$50,417
Jul 20101119,69172.554.74$53,954
Jun 20101009,47470.364.91$53,557
May 201012210,20371.124.24$51,889
Apr 201013610,20081.694.12$53,161
Mar 20102710,59778.394.39$48,623
Feb 2010389,83373.585.44$56,311
Jan 20107111,27474.365.96$72,519
Dec 20099511,30571.445.48$68,781
Nov 200910011,38274.593.75$50,159
Oct 200913112,49072.544.11$60,840
Sep 200912812,16165.543.06$45,660
Aug 200917612,93367.423.22$53,491
Jul 200939612,71561.133.46$68,259
Jun 200956012,90266.163.90$87,303
May 20091,24112,02654.743.93$115,143
Apr 20091,38613,53746.773.59$113,387
Mar 20091,25314,89242.144.06$113,248
Feb 200933713,90532.814.63$75,479
Jan 2009016,05235.865.37$86,215
Dec 2008015,77937.105.98$94,313
Nov 2008016,22455.496.86$111,302
Oct 2008018,08575.246.92$125,184
Sep 2008018,164101.767.88$143,079
Aug 2008019,567114.228.48$165,987
Jul 2008021,344131.0811.39$243,096
Jun 2008022,940131.3313.03$298,969
May 2008026,926123.1711.57$311,649
Apr 2008031,227110.3110.45$326,474
Mar 2008025,265101.909.66$244,163
Feb 2008024,69092.538.77$216,546
Jan 2008048,16390.388.21$395,213
Dec 2007043,28388.337.30$316,051
Nov 2007010,22491.677.29$74,550

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             0 bbl  × $ 62.87 =         $0
Gas                  730 Mcf  × $  4.01 =     $2,927

────────────────────────────────────────────────────
Month total                                   $2,927

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. 04/G/237145 is the state's own key, not one this site invented.