SNEED GAS UNIT

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

Gas lease lease 173380District 05Field 755094982 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
May 1999 – Feb 2025
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
310
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1955-02-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1996-01-09.

The Commission's schedule remark for this field reads: BUT REMAINS 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 Gas111999-09-24140764
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
CondensateDisposition967 bbl$37,631
GasProduction416,761 Mcf$2,226,995
Total$2,264,626

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 31.7027, -96.2168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70266, -96.21684 · 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
0.0%
0 of 1 wells
Median depth
11,402 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
1100.0%
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.
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 11,402 ft.

Completions filed
Feb 2025
1 of 1 wells

1 well

42-16131448511,402 ftFeb 2025Yes

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 (310)

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

310 months

Feb 20250070.884.34$0
Jan 202502,05374.324.28$8,784
Dec 202401268.993.12$37
Nov 202403069.052.20$66
Oct 202403171.372.28$71
Sep 202401569.612.36$35
Aug 202403575.632.06$72
Jul 202408079.932.15$172
Jun 2024017578.082.63$461
May 2024064978.812.20$1,427
Apr 202404684.451.66$76
Mar 202404080.301.55$62
Feb 20240076.091.78$0
Jan 20240173.023.30$3
Dec 20230071.262.61$0
Nov 20230677.892.81$17
Oct 20230085.443.09$0
Sep 202302389.042.74$63
Aug 202304780.522.67$126
Jul 202303874.852.64$100
Jun 202307468.962.26$167
May 202308470.622.23$187
Apr 202304178.122.24$92
Mar 202305972.852.39$141
Feb 202302475.112.47$59
Jan 202303476.533.39$115
Dec 202204976.415.73$281
Nov 202203685.005.65$203
Oct 202205187.185.86$299
Sep 202206384.888.16$514
Aug 202207094.529.13$639
Jul 2022055101.587.54$415
Jun 2022058115.097.98$463
May 2022055109.378.43$464
Apr 2022060104.226.84$410
Mar 2022069108.885.08$350
Feb 202204491.054.86$214
Jan 202208981.844.54$404
Dec 202104571.323.90$175
Nov 202106777.435.24$351
Oct 202106679.795.71$377
Sep 2021011869.865.35$631
Aug 202104966.024.22$207
Jul 202103570.783.98$139
Jun 202105769.493.38$193
May 202102963.483.02$88
Apr 202107760.362.76$212
Mar 202107661.302.72$206
Feb 202106057.805.55$333
Jan 202105850.412.81$163
Dec 202005244.642.68$139
Nov 202008438.772.71$227
Oct 202009736.972.48$240
Sep 202005337.091.99$106
Aug 202004039.982.39$95
Jul 202005238.371.83$95
Jun 202002434.901.69$41
May 202002216.921.81$40
Apr 202002614.751.80$47
Mar 202003330.341.86$61
Feb 202003049.881.98$59
Jan 202004457.252.09$92
Dec 201902459.012.30$55
Nov 201906855.302.75$187
Oct 201906253.472.42$150
Sep 201907855.052.66$207
Aug 201907753.112.30$177
Jul 201904956.272.46$121
Jun 201908252.782.49$204
May 201906958.482.74$189
Apr 201907862.632.75$215
Mar 201908056.803.06$245
Feb 201905950.852.79$165
Jan 201907646.033.23$245
Dec 201807146.594.19$297
Nov 201806652.934.24$280
Oct 201806261.443.40$211
Sep 201806559.543.11$202
Aug 201806059.403.07$184
Jul 201804765.142.93$138
Jun 201806760.183.08$206
May 201804765.382.90$136
Apr 201807263.842.90$209
Mar 201805161.222.79$142
Feb 201803661.782.77$100
Jan 201804562.874.01$180
Dec 201708357.272.92$242
Nov 201704755.423.12$147
Oct 201705549.292.98$164
Sep 201706547.523.09$201
Aug 201707345.373.00$219
Jul 201707243.873.09$222
Jun 201708042.493.09$247
May 201708145.373.26$264
Apr 201707847.933.21$251
Mar 201708846.772.98$263
Feb 201706950.452.95$204
Jan 201708549.413.42$291
Dec 201607748.763.72$287
Nov 201609342.492.64$246
Oct 201608046.193.09$247
Sep 201608541.553.10$264
Aug 201607941.442.92$231
Jul 201608541.622.92$249
Jun 201608345.352.69$223
May 201606442.521.99$127
Apr 201606636.561.99$131
Mar 201607233.011.79$129
Feb 201608326.472.06$171
Jan 201606627.352.36$156
Dec 201506532.362.00$130
Nov 201504738.792.17$102
Oct 201505743.552.43$138
Sep 201506842.992.76$188
Aug 201508340.162.87$238
Jul 201508648.152.95$253
Jun 201509756.152.88$280
May 201505055.212.96$148
Apr 2015010049.822.71$271
Mar 201503142.892.93$91
Feb 2015010544.662.98$313
Jan 201506843.433.10$211
Dec 201409654.693.59$345
Nov 201403570.464.25$149
Oct 201407378.303.90$285
Sep 201405486.164.05$218
Aug 201405389.394.04$214
Jul 201407296.564.18$301
Jun 201409998.164.74$469
May 2014016594.734.73$780
Apr 2014011895.944.81$567
Mar 2014011795.895.06$592
Feb 2014012597.406.19$774
Jan 2014013790.404.86$666
Dec 2013012591.824.35$544
Nov 2013013488.853.74$501
Oct 2013012797.423.78$480
Sep 20130128104.113.72$476
Aug 20130140104.253.52$493
Jul 20130133102.523.72$494
Jun 2013013494.403.93$527
May 2013015294.834.15$631
Apr 2013013293.964.28$565
Mar 2013013593.623.91$528
Feb 2013015291.233.42$520
Jan 2013013591.603.42$462
Dec 2012014086.773.42$479
Nov 2012014686.953.62$529
Oct 2012015089.383.40$510
Sep 2012013994.672.92$406
Aug 2012016692.662.91$483
Jul 2012015985.133.02$480
Jun 2012015979.822.52$401
May 2012015791.612.49$391
Apr 20120155101.652.00$310
Mar 20120134105.052.22$298
Feb 20120149101.102.57$383
Jan 2012017198.092.73$468
Dec 2011014196.873.24$457
Nov 201106595.723.31$215
Oct 201107184.983.65$259
Sep 201107183.623.99$283
Aug 201109783.404.15$402
Jul 2011013494.144.52$605
Jun 2011013092.904.64$603
May 2011011898.134.40$520
Apr 20110122105.964.33$529
Mar 2011011796.364.06$475
Feb 2011011385.644.18$472
Jan 201109886.504.59$450
Dec 201009285.734.35$400
Nov 2010010680.843.80$402
Oct 201009178.103.51$319
Sep 201001772.633.98$68
Aug 2010012673.684.42$557
Jul 2010010272.554.74$483
Jun 2010010270.364.91$501
May 201008871.124.24$373
Apr 2010010681.694.12$437
Mar 201009278.394.39$404
Feb 2010011373.585.44$615
Jan 201008674.365.96$513
Dec 2009011371.445.48$620
Nov 2009011574.593.75$431
Oct 200906172.544.11$251
Sep 2009010265.543.06$313
Aug 200905967.423.22$190
Jul 200908461.133.46$291
Jun 200908666.163.90$335
May 200906754.743.93$263
Apr 200903046.773.59$108
Mar 200903742.144.06$150
Feb 200905132.814.63$236
Jan 200901935.865.37$102
Dec 20081472537.105.98$5,603
Nov 2008012755.496.86$871
Oct 2008011575.246.92$796
Sep 20080394101.767.88$3,104
Aug 20080258114.228.48$2,189
Jul 20080146131.0811.39$1,663
Jun 20080272131.3313.03$3,545
May 20080282123.1711.57$3,264
Apr 20080223110.3110.45$2,331
Mar 20080436101.909.66$4,214
Feb 2008057592.538.77$5,043
Jan 2008090190.388.21$7,393
Dec 2007023488.337.30$1,709
Nov 2007077691.677.29$5,658
Oct 200701,35582.856.92$9,379
Sep 200701,90375.846.24$11,883
Aug 200702,40269.066.39$15,344
Jul 200702,31070.906.39$14,756
Jun 200702,17762.007.55$16,433
May 200702,17158.747.85$17,034
Apr 200702,21359.617.81$17,273
Mar 200702,36256.927.30$17,247
Feb 200702,71255.108.22$22,282
Jan 200703,57750.306.73$24,062
Dec 200603,02956.656.92$20,956
Nov 200603,00354.207.62$22,875
Oct 200603,28754.906.01$19,767
Sep 200602,87260.085.04$14,467
Aug 200603,27668.717.34$24,046
Jul 200602,86969.376.34$18,197
Jun 2006091066.286.38$5,809
May 200602,30666.016.42$14,816
Apr 20061853,71464.397.36$39,249
Mar 200603,80256.707.08$26,929
Feb 200603,31657.597.75$25,703
Jan 200603,91060.598.93$34,929
Dec 200504,28154.9413.42$57,431
Nov 200504,22054.6910.59$44,683
Oct 200504,72958.3413.80$65,240
Sep 200514,46161.4512.08$53,946
Aug 200505,00161.519.80$48,994
Jul 200504,94355.697.84$38,771
Jun 200534,49552.337.38$33,335
May 200524,82945.226.65$32,209
Apr 200534,87349.207.36$36,015
Mar 200535,08650.377.15$36,541
Feb 200544,86145.226.31$30,863
Jan 200565,06243.166.32$32,262
Dec 20041805,11039.866.75$41,673
Nov 200405,27045.286.33$33,361
Oct 200445,72349.706.52$37,485
Sep 200463,98543.245.28$21,316
Aug 200425,24142.375.55$29,176
Jul 200414,36038.286.08$26,565
Jun 200404,14836.106.43$26,684
May 200464,19037.486.49$27,437
Apr 200433,83434.475.86$22,565
Mar 200454,08434.365.53$22,757
Feb 200403,60732.455.51$19,873
Jan 200404,08732.036.30$25,747
Dec 200303,67230.266.30$23,140
Nov 200303,83828.804.60$17,636
Oct 200304,09028.174.76$19,467
Sep 200363,96826.314.75$19,003
Aug 200323,93129.765.13$20,224
Jul 20031914,64429.415.17$29,631
Jun 200344,61528.565.98$27,726
May 200324,23326.595.97$25,336
Apr 200304,05726.675.41$21,937
Mar 200335,24131.146.10$32,043
Feb 200304,62833.487.93$36,681
Jan 200334,75830.315.58$26,650
Dec 200203,89826.914.85$18,920
Nov 200204,37324.664.14$18,091
Oct 200205,49926.464.23$23,256
Sep 200203,66227.443.64$13,312
Aug 200203,47625.963.16$10,999
Jul 200203,92524.583.06$12,017
Jun 200203,92923.733.34$13,116
May 200203,52824.663.58$12,644
Apr 2002213,22423.653.51$11,820
Mar 200204,06022.003.10$12,597
Feb 20020018.222.38$0
Jan 200203,68917.172.38$8,764
Dec 200105,72616.932.36$13,539
Nov 200106,18618.072.41$14,881
Oct 200106,25319.782.53$15,813
Sep 200103,76724.262.25$8,481
Aug 2001011,63424.873.05$35,520
Jul 200127,27623.933.20$23,310
Jun 200106,22224.563.82$23,794
May 200103,93925.524.31$16,967
Apr 200103,37524.685.34$18,007
Mar 200103,44924.545.38$18,543
Feb 200122,54327.755.77$14,721
Jan 200121,03627.478.40$8,756
Dec 200001,64126.889.12$14,970
Nov 2000399732.215.66$5,738
Oct 200001,24131.235.15$6,386
Sep 200001,54031.875.19$7,987
Aug 200042,02929.644.54$9,332
Jul 200032,98328.534.09$12,285
Jun 200003929.304.40$171
May 200001,83527.263.68$6,752
Apr 200008424.513.12$262
Mar 2000046128.422.86$1,318
Feb 200001,81827.622.73$4,957
Jan 200002,10525.272.48$5,221
Dec 19991563,31024.282.42$11,810
Nov 199903,87823.192.43$9,439
Oct 199904,70220.982.80$13,183
Sep 199905,52021.752.62$14,456
Aug 199907,13119.262.88$20,506
Jul 199907,52817.892.37$17,859
Jun 1999211,19015.942.36$26,464
May 199908,10015.792.32$18,800

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.32 =         $0
Gas                2,053 Mcf  × $  4.28 =     $8,784

────────────────────────────────────────────────────
Month total                                   $8,784

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. 05/G/173380 is the state's own key, not one this site invented.