CHESTNUT, F. E.

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 269505District 04Field 881031002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jan 2013 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
161
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 Gas222014-04-10 – 2015-12-172 dockets
NGPA2none

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
CondensateDisposition24,424 bbl$1,661,010
GasProduction1,192,621 Mcf$4,180,582
Total$5,841,592

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 26.2437, -98.4551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.24372, -98.45510 · 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
10,140 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 10,140 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-21534061910,140 ftJan 2013

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 (161)

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

161 months

May 202603,258106.413.05$9,923
Apr 202603,00998.932.87$8,635
Mar 202603,24089.753.15$10,204
Feb 202603,19263.503.75$11,971
Jan 202603,11959.138.00$24,946
Dec 202503,01056.664.41$13,284
Nov 202502,97758.593.93$11,689
Oct 202503,00559.383.30$9,931
Sep 202503,22362.743.08$9,917
Aug 202503,28963.933.01$9,916
Jul 202503,30166.743.32$10,943
Jun 202502,71566.483.13$8,494
May 202502,77460.553.23$8,966
Apr 202502,81262.363.54$9,963
Mar 202502,77367.704.27$11,836
Feb 202502,88770.884.34$12,532
Jan 202503,16274.324.28$13,529
Dec 202403,38068.993.12$10,550
Nov 202403,20569.052.20$7,046
Oct 202403,18971.372.28$7,275
Sep 202403,04869.612.36$7,207
Aug 202403,25775.632.06$6,721
Jul 202403,26479.932.15$7,006
Jun 202403,31478.082.63$8,729
May 202403,29678.812.20$7,246
Apr 202403,39884.451.66$5,638
Mar 202403,32580.301.55$5,138
Feb 202402,78376.091.78$4,964
Jan 202403,13473.023.30$10,335
Dec 202303,22471.262.61$8,417
Nov 202303,43477.892.81$9,641
Oct 202303,19485.443.09$9,861
Sep 202303,26589.042.74$8,930
Aug 202303,42980.522.67$9,165
Jul 202303,42074.852.64$9,035
Jun 202303,25068.962.26$7,340
May 202303,42470.622.23$7,627
Apr 202304,02578.122.24$9,007
Mar 202303,15072.852.39$7,538
Feb 202303,69975.112.47$9,121
Jan 202303,40476.533.39$11,532
Dec 202203,43676.415.73$19,685
Nov 202203,16685.005.65$17,876
Oct 202203,92387.185.86$23,004
Sep 202202,21584.888.16$18,083
Aug 202203,46494.529.13$31,616
Jul 202203,258101.587.54$24,572
Jun 202203,332115.097.98$26,580
May 202203,473109.378.43$29,288
Apr 202203,792104.226.84$25,928
Mar 202204,066108.885.08$20,641
Feb 202203,59691.054.86$17,472
Jan 2022663,93481.844.54$23,253
Dec 202103,88771.323.90$15,156
Nov 20210077.435.24$0
Oct 20211884,13279.795.71$38,610
Sep 202104,08969.865.35$21,880
Aug 202104,57566.024.22$19,309
Jul 202104,48870.783.98$17,872
Jun 202104,24169.493.38$14,337
May 20211883,88063.483.02$23,643
Apr 202103,57760.362.76$9,867
Mar 20211853,96461.302.72$22,110
Feb 202103,48557.805.55$19,335
Jan 20213744,33550.412.81$31,036
Dec 202004,35244.642.68$11,644
Nov 202004,05038.772.71$10,962
Oct 20201884,45136.972.48$17,982
Sep 20201854,36137.091.99$15,545
Aug 202004,59639.982.39$10,962
Jul 20201844,57338.371.83$15,406
Jun 20201844,53434.901.69$14,085
May 202004,50516.921.81$8,175
Apr 20203744,69614.751.80$13,990
Mar 20201854,73030.341.86$14,393
Feb 202004,22149.881.98$8,360
Jan 202004,63957.252.09$9,718
Dec 20191884,76559.012.30$22,074
Nov 20191875,27755.302.75$24,857
Oct 201904,90153.472.42$11,853
Sep 20193785,64955.052.66$35,820
Aug 201906,04053.112.30$13,918
Jul 201906,10156.272.46$15,009
Jun 20193855,43652.782.49$33,862
May 20191946,39258.482.74$28,861
Apr 201905,83062.632.75$16,037
Mar 20191915,61056.803.06$28,027
Feb 201905,27750.852.79$14,735
Jan 20193865,99046.033.23$37,104
Dec 201806,23746.594.19$26,105
Nov 20181925,79352.934.24$34,709
Oct 20181866,19161.443.40$32,465
Sep 20181926,49459.543.11$31,615
Aug 20181906,74059.403.07$31,955
Jul 201806,73165.142.93$19,734
Jun 20181926,15760.183.08$30,499
May 20181916,72165.382.90$31,984
Apr 20181936,42363.842.90$30,953
Mar 20181906,97261.222.79$31,062
Feb 20181916,27261.782.77$29,149
Jan 20181936,91362.874.01$39,850
Dec 20171917,66557.272.92$33,332
Nov 20171884,89955.423.12$25,696
Oct 20171885,48349.292.98$25,626
Sep 20171956,71547.523.09$29,997
Aug 201704,52245.373.00$13,586
Jul 20173805,73743.873.09$34,382
Jun 201705,62342.493.09$17,360
May 20173845,70845.373.26$36,050
Apr 201705,18347.933.21$16,646
Mar 20171945,38846.772.98$25,149
Feb 20171895,47650.452.95$25,703
Jan 20171966,38349.413.42$31,507
Dec 20161956,82948.763.72$34,931
Nov 20161946,44542.492.64$25,286
Oct 201607,07746.193.09$21,870
Sep 20161967,06441.553.10$30,047
Aug 20161939,18241.442.92$34,849
Jul 20161929,16741.622.92$34,798
Jun 20161928,46245.352.69$31,435
May 20161909,08742.521.99$26,171
Apr 20161938,60536.561.99$24,189
Mar 20161999,33633.011.79$23,318
Feb 20161938,81526.472.06$23,300
Jan 20163949,73827.352.36$33,800
Dec 20151959,48132.362.00$25,286
Nov 20151959,41438.792.17$27,967
Oct 201538611,34543.552.43$44,340
Sep 2015010,89342.992.76$30,047
Aug 201537712,12740.162.87$49,975
Jul 201519411,94548.152.95$44,520
Jun 2015011,23556.152.88$32,389
May 201519311,64255.212.96$45,063
Apr 201539212,86249.822.71$54,341
Mar 201520013,28642.892.93$47,569
Feb 201539012,19444.662.98$53,709
Jan 201523214,57743.433.10$55,274
Dec 201419514,26854.693.59$61,906
Nov 201458414,38870.464.25$102,324
Oct 201419020,45978.303.90$94,687
Sep 201438318,30386.164.05$107,043
Aug 201419219,26889.394.04$94,912
Jul 201438419,79696.564.18$119,818
Jun 201438219,43198.164.74$129,539
May 201438120,40494.734.73$132,533
Apr 201419620,08195.944.81$115,376
Mar 201457615,42595.895.06$133,234
Feb 201438919,32997.406.19$157,574
Jan 201419715,78090.404.86$94,511
Dec 201358623,40691.824.35$155,727
Nov 201358424,50488.853.74$143,491
Oct 201337626,61897.423.78$137,229
Sep 201338317,252104.113.72$104,013
Aug 201357118,249104.253.52$123,811
Jul 201357618,729102.523.72$128,681
Jun 201356414,52694.403.93$110,378
May 201338415,38594.834.15$100,248
Apr 201377311,85693.964.28$123,405
Mar 201377329,78493.623.91$188,909
Feb 201357641,10391.233.42$193,117
Jan 20139198,50291.603.42$113,256

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             0 bbl  × $106.41 =         $0
Gas                3,258 Mcf  × $  3.05 =     $9,923

────────────────────────────────────────────────────
Month total                                   $9,923

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/269505 is the state's own key, not one this site invented.