REAGAN GAS UNIT

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 192498District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.7 M
Dec 2002 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
282
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 Gas112003-02-18150256
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
CondensateDisposition275 bbl$8,701
GasProduction2,812,429 Mcf$15,688,568
Total$15,697,269

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 31.2368, -96.4554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23683, -96.45543 · 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
13,095 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 13,095 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-39530755313,095 ftDec 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 (282)

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

282 months

May 202601,277106.413.05$3,890
Apr 202602,05198.932.87$5,886
Mar 202602,95689.753.15$9,310
Feb 202601,42463.503.75$5,340
Jan 202601,25659.138.00$10,045
Dec 202502,14456.664.41$9,462
Nov 202501,61158.593.93$6,325
Oct 202502,03659.383.30$6,729
Sep 202503,00962.743.08$9,258
Aug 202502,06363.933.01$6,219
Jul 202501,42366.743.32$4,718
Jun 202503,12266.483.13$9,768
May 202501,92160.553.23$6,209
Apr 202501,62762.363.54$5,765
Mar 202503,10167.704.27$13,236
Feb 202503,10470.884.34$13,474
Jan 202503,28774.324.28$14,064
Dec 202402,54468.993.12$7,941
Nov 202401,57869.052.20$3,469
Oct 202402,41071.372.28$5,498
Sep 202403,13269.612.36$7,405
Aug 202402,82475.632.06$5,828
Jul 202402,05979.932.15$4,420
Jun 202401,57878.082.63$4,156
May 202401,78378.812.20$3,920
Apr 202402,09684.451.66$3,478
Mar 202401,97480.301.55$3,050
Feb 202401,68776.091.78$3,009
Jan 202402,80873.023.30$9,260
Dec 202302,88971.262.61$7,542
Nov 202302,95377.892.81$8,291
Oct 202302,64985.443.09$8,178
Sep 202304,08589.042.74$11,173
Aug 202304,29880.522.67$11,488
Jul 202304,47374.852.64$11,817
Jun 202304,60868.962.26$10,407
May 202304,28070.622.23$9,533
Apr 202301,63178.122.24$3,650
Mar 202302,74672.852.39$6,572
Feb 2023063075.112.47$1,553
Jan 202301,07676.533.39$3,645
Dec 2022049176.415.73$2,813
Nov 2022087385.005.65$4,929
Oct 2022041387.185.86$2,422
Sep 202201,28884.888.16$10,515
Aug 202202,19994.529.13$20,071
Jul 202204,126101.587.54$31,119
Jun 202202,862115.097.98$22,831
May 202201,689109.378.43$14,243
Apr 202203,905104.226.84$26,701
Mar 202201,521108.885.08$7,721
Feb 2022068091.054.86$3,304
Jan 202201,88881.844.54$8,567
Dec 2021076671.323.90$2,987
Nov 2021085177.435.24$4,457
Oct 202101,03479.795.71$5,908
Sep 202101,42669.865.35$7,630
Aug 202102,76866.024.22$11,683
Jul 202101,56570.783.98$6,232
Jun 202101,32569.493.38$4,479
May 202101,68463.483.02$5,082
Apr 202102,39160.362.76$6,595
Mar 202101,60961.302.72$4,372
Feb 202101,14457.805.55$6,347
Jan 202101,41550.412.81$3,977
Dec 202001,77144.642.68$4,738
Nov 202001,62638.772.71$4,401
Oct 202003,22936.972.48$8,003
Sep 202002,64937.091.99$5,274
Aug 202002,51139.982.39$5,989
Jul 202002,72238.371.83$4,968
Jun 202002,57134.901.69$4,346
May 202002,25716.921.81$4,096
Apr 202003,12814.751.80$5,644
Mar 202002,46530.341.86$4,576
Feb 202001,86449.881.98$3,692
Jan 202002,35057.252.09$4,923
Dec 201902,88959.012.30$6,657
Nov 201901,91655.302.75$5,270
Oct 201902,78153.472.42$6,726
Sep 201901,89555.052.66$5,036
Aug 201902,57253.112.30$5,927
Jul 201902,22256.272.46$5,466
Jun 201902,16152.782.49$5,383
May 201903,35358.482.74$9,188
Apr 201902,85962.632.75$7,864
Mar 201903,69356.803.06$11,308
Feb 201903,21150.852.79$8,966
Jan 201903,47946.033.23$11,231
Dec 201802,86246.594.19$11,979
Nov 201802,75852.934.24$11,686
Oct 201802,66261.443.40$9,046
Sep 201803,03059.543.11$9,417
Aug 201803,29059.403.07$10,089
Jul 201804,06865.142.93$11,927
Jun 201803,94860.183.08$12,148
May 201803,95365.382.90$11,467
Apr 201804,01363.842.90$11,641
Mar 201805,03361.222.79$14,026
Feb 201802,69161.782.77$7,444
Jan 201802,40862.874.01$9,654
Dec 201704,34157.272.92$12,682
Nov 201702,79755.423.12$8,722
Oct 201703,74449.292.98$11,171
Sep 201703,93847.523.09$12,158
Aug 201703,07045.373.00$9,224
Jul 201704,48843.873.09$13,856
Jun 201703,83242.493.09$11,830
May 201704,83545.373.26$15,779
Apr 201704,74747.933.21$15,245
Mar 201705,24746.772.98$15,655
Feb 201703,29950.452.95$9,741
Jan 201704,25849.413.42$14,557
Dec 201604,26548.763.72$15,878
Nov 201603,81742.492.64$10,093
Oct 201604,50946.193.09$13,934
Sep 201604,42541.553.10$13,720
Aug 201604,67841.442.92$13,680
Jul 201605,06541.622.92$14,812
Jun 201605,03445.352.69$13,520
May 201604,73742.521.99$9,432
Apr 201604,71836.561.99$9,394
Mar 201605,78433.011.79$10,377
Feb 201605,85126.472.06$12,074
Jan 201605,05527.352.36$11,952
Dec 201504,43732.362.00$8,880
Nov 201504,48938.792.17$9,729
Oct 201505,07243.552.43$12,308
Sep 201505,02742.992.76$13,867
Aug 201505,45640.162.87$15,672
Jul 201505,58048.152.95$16,434
Jun 201505,51456.152.88$15,896
May 201505,81655.212.96$17,189
Apr 201506,01149.822.71$16,269
Mar 201506,69542.892.93$19,648
Feb 201503,37144.662.98$10,033
Jan 201503,96443.433.10$12,291
Dec 201403,15154.693.59$11,316
Nov 201403,58370.464.25$15,234
Oct 201404,30078.303.90$16,774
Sep 201406,69286.164.05$27,072
Aug 201405,64289.394.04$22,766
Jul 201402,69896.564.18$11,277
Jun 201404,93198.164.74$23,358
May 201405,46494.734.73$25,826
Apr 201405,99995.944.81$28,850
Mar 201404,22895.895.06$21,380
Feb 201401,98897.406.19$12,310
Jan 201402,10590.404.86$10,232
Dec 201302,34091.824.35$10,189
Nov 201302,07888.853.74$7,768
Oct 201302,54997.423.78$9,634
Sep 201302,926104.113.72$10,878
Aug 201302,186104.253.52$7,700
Jul 201302,024102.523.72$7,525
Jun 201302,21894.403.93$8,724
May 201302,52094.834.15$10,456
Apr 201303,07293.964.28$13,156
Mar 201305,96393.623.91$23,332
Feb 201305,33691.233.42$18,249
Jan 201306,77591.603.42$23,170
Dec 201207,34486.773.42$25,118
Nov 201207,71986.953.62$27,981
Oct 201208,92289.383.40$30,332
Sep 2012010,02394.672.92$29,251
Aug 201205,07792.662.91$14,765
Jul 201201,72385.133.02$5,205
Jun 201202,22079.822.52$5,592
May 201202,40591.612.49$5,984
Apr 201202,366101.652.00$4,724
Mar 201202,191105.052.22$4,869
Feb 201202,224101.102.57$5,716
Jan 201202,60398.092.73$7,117
Dec 201102,66996.873.24$8,647
Nov 201102,45195.723.31$8,116
Oct 201102,92584.983.65$10,672
Sep 201101,55083.623.99$6,178
Aug 201103,58883.404.15$14,888
Jul 201103,51694.144.52$15,883
Jun 201103,84092.904.64$17,817
May 201103,54598.134.40$15,615
Apr 201104,715105.964.33$20,431
Mar 201104,04896.364.06$16,424
Feb 201106,12885.644.18$25,615
Jan 201106,12386.504.59$28,097
Dec 201008,27985.734.35$35,995
Nov 201007,05680.843.80$26,780
Oct 201007,81178.103.51$27,408
Sep 201008,46472.633.98$33,682
Aug 201009,40073.684.42$41,542
Jul 201009,78872.554.74$46,361
Jun 201008,88770.364.91$43,639
May 201009,08671.124.24$38,481
Apr 2010010,91181.694.12$44,983
Mar 2010012,33278.394.39$54,121
Feb 2010011,93273.585.44$64,938
Jan 2010014,38774.365.96$85,805
Dec 2009015,41671.445.48$84,537
Nov 2009017,30874.593.75$64,931
Oct 200907,97572.544.11$32,779
Sep 200907,24265.543.06$22,195
Aug 200907,32167.423.22$23,563
Jul 200906,29261.133.46$21,799
Jun 200906,08366.163.90$23,693
May 200906,45554.743.93$25,341
Apr 200916,40346.773.59$23,018
Mar 200914,30042.144.06$17,496
Feb 200907,33832.814.63$33,997
Jan 2009113,21535.865.37$71,014
Dec 2008013,10037.105.98$78,301
Nov 200806,89755.496.86$47,316
Oct 200806,90075.246.92$47,762
Sep 200806,867101.767.88$54,092
Aug 200807,778114.228.48$65,981
Jul 200807,746131.0811.39$88,223
Jun 200807,724131.3313.03$100,664
May 200806,198123.1711.57$71,737
Apr 200806,645110.3110.45$69,473
Mar 200808,396101.909.66$81,140
Feb 200807,85092.538.77$68,849
Jan 200808,10890.388.21$66,532
Dec 200708,65088.337.30$63,162
Nov 200707,93591.677.29$57,860
Oct 200706,89782.856.92$47,741
Sep 200717,25275.846.24$45,358
Aug 200718,92769.066.39$57,094
Jul 200709,22170.906.39$58,903
Jun 200718,38062.007.55$63,318
May 200708,39258.747.85$65,846
Apr 200708,52859.617.81$66,563
Mar 200707,50856.927.30$54,823
Feb 200709,24255.108.22$75,932
Jan 2007010,51550.306.73$70,733
Dec 2006012,42356.656.92$85,948
Nov 2006014,67354.207.62$111,771
Oct 200609,81154.906.01$59,001
Sep 200606,72660.085.04$33,880
Aug 2006010,43068.717.34$76,555
Jul 2006115,58069.376.34$98,890
Jun 2006113,01766.286.38$83,165
May 200608,44766.016.42$54,272
Apr 200604,61364.397.36$33,954
Mar 2006014,00056.707.08$99,161
Feb 2006028,18957.597.75$218,496
Jan 200648,75860.598.93$78,480
Dec 200504,13054.9413.42$55,406
Nov 2005077254.6910.59$8,174
Oct 2005070558.3413.80$9,726
Sep 2005217,86661.4512.08$215,926
Aug 2005235,21461.519.80$345,109
Jul 2005022,90655.697.84$179,666
Jun 2005120,90852.337.38$154,375
May 2005138,09145.226.65$253,395
Apr 2005221,09249.207.36$155,346
Mar 2005146,19250.377.15$330,549
Feb 2005025,82345.226.31$162,993
Jan 2005217,60343.166.32$111,376
Dec 2004015,27139.866.75$103,096
Nov 2004010,02545.286.33$63,462
Oct 2004017,82749.706.52$116,145
Sep 2004115,46643.245.28$81,764
Aug 2004010,46042.375.55$58,060
Jul 2004218,69638.286.08$113,826
Jun 2004120,96536.106.43$134,904
May 2004244,34537.486.49$288,077
Apr 2004455,21234.475.86$323,595
Mar 2004241,28434.365.53$228,375
Feb 2004516,91632.455.51$93,363
Jan 2004725,08132.036.30$158,225
Dec 2003626,07830.266.30$164,516
Nov 2003940,51128.804.60$186,414
Oct 20031161,49728.174.76$293,013
Sep 20031362,87726.314.75$298,968
Aug 20031171,31229.765.13$366,138
Jul 20032586,03629.415.17$445,614
Jun 20032094,65228.565.98$566,870
May 20039121,44126.595.97$725,568
Apr 200335126,19726.675.41$683,316
Mar 200328138,45831.146.10$844,917
Feb 200317123,32033.487.93$977,989
Jan 200319113,66730.315.58$635,070
Dec 20022535,87426.914.85$174,797

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                1,277 Mcf  × $  3.05 =     $3,890

────────────────────────────────────────────────────
Month total                                   $3,890

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/192498 is the state's own key, not one this site invented.