REAGAN HEIRS

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

Gas lease lease 189027District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
May 2002 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
289
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
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 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112002-07-02148102
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
CondensateDisposition48 bbl$1,669
GasProduction1,211,861 Mcf$5,501,313
Total$5,502,982

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 31.2385, -96.4420. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23849, -96.44198 · 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
13,000 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 13,000 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-39530711213,000 ftMay 2002

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 (289)

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

289 months

May 202602,650106.413.05$8,071
Apr 202602,22598.932.87$6,385
Mar 202602,05189.753.15$6,460
Feb 202601,54163.503.75$5,779
Jan 202601,65259.138.00$13,213
Dec 202501,81856.664.41$8,023
Nov 202501,67758.593.93$6,585
Oct 202501,41259.383.30$4,666
Sep 202501,44162.743.08$4,434
Aug 202501,66163.933.01$5,008
Jul 202501,48566.743.32$4,923
Jun 202501,55366.483.13$4,859
May 202501,67560.553.23$5,414
Apr 202501,66962.363.54$5,913
Mar 202501,84267.704.27$7,862
Feb 202501,02570.884.34$4,449
Jan 202501,25774.324.28$5,378
Dec 202401,49068.993.12$4,651
Nov 202401,35769.052.20$2,983
Oct 202401,75571.372.28$4,004
Sep 202401,75469.612.36$4,147
Aug 202401,61875.632.06$3,339
Jul 202402,85179.932.15$6,120
Jun 202403,33378.082.63$8,779
May 202402,86978.812.20$6,307
Apr 202402,42684.451.66$4,025
Mar 202402,12380.301.55$3,280
Feb 202402,39376.091.78$4,268
Jan 202401,94773.023.30$6,421
Dec 202301,95171.262.61$5,094
Nov 202302,34277.892.81$6,575
Oct 202302,58185.443.09$7,968
Sep 202303,42289.042.74$9,359
Aug 202304,22380.522.67$11,288
Jul 202304,22174.852.64$11,151
Jun 202303,87368.962.26$8,747
May 202303,20170.622.23$7,130
Apr 202302,32378.122.24$5,198
Mar 202302,24672.852.39$5,375
Feb 202301,09775.112.47$2,705
Jan 202301,99576.533.39$6,759
Dec 202201,35176.415.73$7,740
Nov 202201,40985.005.65$7,956
Oct 202201,56787.185.86$9,189
Sep 202202,26984.888.16$18,523
Aug 202202,44594.529.13$22,316
Jul 202202,265101.587.54$17,083
Jun 202202,160115.097.98$17,231
May 202202,509109.378.43$21,159
Apr 202202,253104.226.84$15,405
Mar 202202,057108.885.08$10,442
Feb 202201,96691.054.86$9,552
Jan 202202,11281.844.54$9,584
Dec 202102,34971.323.90$9,159
Nov 202102,32277.435.24$12,160
Oct 202102,70279.795.71$15,439
Sep 202102,88469.865.35$15,432
Aug 202101,43166.024.22$6,040
Jul 202101,39570.783.98$5,555
Jun 202101,39669.493.38$4,719
May 202101,46063.483.02$4,406
Apr 202101,80060.362.76$4,965
Mar 202101,86761.302.72$5,073
Feb 202101,53757.805.55$8,527
Jan 202102,58250.412.81$7,256
Dec 202002,01344.642.68$5,386
Nov 202002,06038.772.71$5,576
Oct 202001,86036.972.48$4,610
Sep 202001,83337.091.99$3,650
Aug 202001,83139.982.39$4,367
Jul 202001,28138.371.83$2,338
Jun 202001,81834.901.69$3,073
May 202002,25416.921.81$4,090
Apr 202001,14914.751.80$2,073
Mar 202001,27930.341.86$2,374
Feb 202001,40549.881.98$2,783
Jan 202002,27857.252.09$4,772
Dec 201903,56259.012.30$8,208
Nov 201902,83655.302.75$7,801
Oct 201903,43753.472.42$8,313
Sep 201902,91255.052.66$7,738
Aug 201903,77053.112.30$8,687
Jul 201903,34156.272.46$8,219
Jun 201903,08652.782.49$7,688
May 201902,57658.482.74$7,059
Apr 201903,66962.632.75$10,092
Mar 201904,49656.803.06$13,767
Feb 201905,05950.852.79$14,126
Jan 201904,70246.033.23$15,179
Dec 201803,76446.594.19$15,754
Nov 201804,31552.934.24$18,284
Oct 201806,46861.443.40$21,979
Sep 201805,16059.543.11$16,037
Aug 201804,82159.403.07$14,784
Jul 201804,56765.142.93$13,390
Jun 201803,55860.183.08$10,948
May 201803,15665.382.90$9,155
Apr 201803,54863.842.90$10,292
Mar 201803,48161.222.79$9,701
Feb 201802,90161.782.77$8,025
Jan 201803,12462.874.01$12,525
Dec 201702,01557.272.92$5,887
Nov 201701,94655.423.12$6,068
Oct 201701,67649.292.98$5,001
Sep 201701,75047.523.09$5,403
Aug 201702,11745.373.00$6,360
Jul 201702,47243.873.09$7,632
Jun 201702,69242.493.09$8,311
May 201701,47145.373.26$4,800
Apr 201701,91947.933.21$6,163
Mar 201702,20646.772.98$6,582
Feb 201701,95650.452.95$5,775
Jan 201701,68949.413.42$5,774
Dec 201602,27548.763.72$8,469
Nov 201603,11442.492.64$8,235
Oct 201603,16546.193.09$9,781
Sep 201603,32741.553.10$10,316
Aug 201603,80741.442.92$11,133
Jul 201603,49341.622.92$10,215
Jun 201603,20845.352.69$8,616
May 201604,13842.521.99$8,239
Apr 201604,42836.561.99$8,816
Mar 201604,68233.011.79$8,400
Feb 201603,77826.472.06$7,796
Jan 201603,88927.352.36$9,195
Dec 201504,43432.362.00$8,874
Nov 201504,79538.792.17$10,392
Oct 201505,01243.552.43$12,162
Sep 201505,09142.992.76$14,043
Aug 201505,45740.162.87$15,675
Jul 201505,58048.152.95$16,434
Jun 201505,44256.152.88$15,689
May 201505,80855.212.96$17,165
Apr 201506,30449.822.71$17,062
Mar 201506,93942.892.93$20,364
Feb 201506,83844.662.98$20,351
Jan 201507,53343.433.10$23,357
Dec 201407,66054.693.59$27,510
Nov 201406,42570.464.25$27,318
Oct 201406,69478.303.90$26,113
Sep 2014082386.164.05$3,329
Aug 2014099789.394.04$4,023
Jul 201401,19196.564.18$4,978
Jun 201401,14898.164.74$5,438
May 2014099194.734.73$4,684
Apr 201401,03195.944.81$4,958
Mar 201401,12495.895.06$5,684
Feb 2014072097.406.19$4,458
Jan 2014091790.404.86$4,457
Dec 201304,60491.824.35$20,048
Nov 201304,34888.853.74$16,254
Oct 201304,00397.423.78$15,129
Sep 201303,316104.113.72$12,328
Aug 201303,178104.253.52$11,195
Jul 201303,905102.523.72$14,518
Jun 201302,06294.403.93$8,111
May 201302,07194.834.15$8,593
Apr 201302,56293.964.28$10,972
Mar 201302,49693.623.91$9,767
Feb 201302,31491.233.42$7,914
Jan 201302,78191.603.42$9,511
Dec 201202,84486.773.42$9,727
Nov 201203,28286.953.62$11,897
Oct 201203,63189.383.40$12,344
Sep 201205,11494.672.92$14,925
Aug 201201,63792.662.91$4,761
Jul 201205,17985.133.02$15,645
Jun 201204,85879.822.52$12,238
May 201206,38091.612.49$15,875
Apr 201205,020101.652.00$10,024
Mar 201205,316105.052.22$11,813
Feb 201205,711101.102.57$14,679
Jan 201206,02398.092.73$16,467
Dec 201105,63896.873.24$18,266
Nov 201106,12795.723.31$20,288
Oct 201106,21284.983.65$22,665
Sep 201105,72983.623.99$22,835
Aug 201106,33883.404.15$26,298
Jul 201106,57094.144.52$29,678
Jun 201106,53092.904.64$30,298
May 201106,63598.134.40$29,226
Apr 201106,575105.964.33$28,491
Mar 201107,08396.364.06$28,738
Feb 201106,23985.644.18$26,079
Jan 201107,01386.504.59$32,181
Dec 201007,54285.734.35$32,791
Nov 201007,64980.843.80$29,030
Oct 201007,64478.103.51$26,822
Sep 201007,51072.633.98$29,886
Aug 201007,70573.684.42$34,051
Jul 201007,74872.554.74$36,698
Jun 201007,41170.364.91$36,391
May 201007,03871.124.24$29,807
Apr 201007,13081.694.12$29,395
Mar 201006,90878.394.39$30,317
Feb 201005,39573.585.44$29,362
Jan 201005,73074.365.96$34,174
Dec 200906,27871.445.48$34,427
Nov 200906,40674.593.75$24,032
Oct 200907,06472.544.11$29,035
Sep 200906,12965.543.06$18,784
Aug 20090067.423.22$0
Jul 200909261.133.46$319
Jun 2009096666.163.90$3,763
May 200901,37354.743.93$5,390
Apr 2009096946.773.59$3,476
Mar 200916442.144.06$302
Feb 2009085132.814.63$3,943
Jan 200901,67135.865.37$8,975
Dec 2008040437.105.98$2,415
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20080852101.767.88$6,711
Aug 200803,889114.228.48$32,990
Jul 200804,334131.0811.39$49,362
Jun 200802,876131.3313.03$37,482
May 200803,677123.1711.57$42,559
Apr 200803,504110.3110.45$36,634
Mar 200813,705101.909.66$35,907
Feb 200813,50792.538.77$30,851
Jan 200803,90590.388.21$32,043
Dec 200704,20588.337.30$30,705
Nov 200704,23191.677.29$30,851
Oct 200704,10482.856.92$28,408
Sep 200703,94475.846.24$24,627
Aug 200704,19769.066.39$26,810
Jul 200704,12570.906.39$26,350
Jun 200714,28062.007.55$32,369
May 200704,45758.747.85$34,971
Apr 200703,76359.617.81$29,371
Mar 200704,10656.927.30$29,982
Feb 200702,72355.108.22$22,372
Jan 200703,46150.306.73$23,282
Dec 200603,08356.656.92$21,330
Nov 200603,05654.207.62$23,279
Oct 200603,24254.906.01$19,497
Sep 200603,37760.085.04$17,011
Aug 200603,25568.717.34$23,891
Jul 200602,93869.376.34$18,635
Jun 200603,53666.286.38$22,573
May 200603,83566.016.42$24,640
Apr 200603,16364.397.36$23,281
Mar 200603,40256.707.08$24,096
Feb 200603,24957.597.75$25,183
Jan 200603,89760.598.93$34,813
Dec 200504,27854.9413.42$57,391
Nov 200502,46754.6910.59$26,122
Oct 200503,54158.3413.80$48,851
Sep 200514,38461.4512.08$53,016
Aug 200504,52761.519.80$44,350
Jul 200504,29355.697.84$33,673
Jun 200504,04952.337.38$29,886
May 200504,34645.226.65$28,906
Apr 200504,15549.207.36$30,583
Mar 200504,82850.377.15$34,544
Feb 200504,22045.226.31$26,636
Jan 200514,89143.166.32$30,965
Dec 200405,73639.866.75$38,724
Nov 200444,91345.286.33$31,282
Oct 200405,28849.706.52$34,452
Sep 200405,13643.245.28$27,138
Aug 200405,34342.375.55$29,657
Jul 200405,53338.286.08$33,664
Jun 200405,94136.106.43$38,219
May 200406,72637.486.49$43,683
Apr 200406,11434.475.86$35,819
Mar 200425,13134.365.53$28,444
Feb 200415,43632.455.51$29,983
Jan 200416,70932.036.30$42,296
Dec 200317,54930.266.30$47,601
Nov 200328,06228.804.60$37,104
Oct 200318,60928.174.76$41,004
Sep 200359,39326.314.75$44,742
Aug 200339,41229.765.13$48,370
Jul 2003411,20229.415.17$58,041
Jun 2003412,18028.565.98$72,987
May 2003312,46026.595.97$74,499
Apr 2003112,29326.675.41$66,498
Mar 2003113,70231.146.10$83,559
Feb 200319,92733.487.93$78,714
Jan 2003213,75530.315.58$76,842
Dec 2002114,91326.914.85$72,411
Nov 2002016,07424.664.14$66,498
Oct 2002219,76326.464.23$83,633
Sep 2002016,18427.443.64$58,832
Aug 2002022,79025.963.16$72,111
Jul 2002026,20824.583.06$80,243
Jun 2002328,87123.733.34$96,450
May 20020024.663.58$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                2,650 Mcf  × $  3.05 =     $8,071

────────────────────────────────────────────────────
Month total                                   $8,071

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/189027 is the state's own key, not one this site invented.