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 196065District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
May 2003 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
277
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 Gas112003-09-18151730
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
CondensateDisposition231 bbl$6,900
GasProduction1,544,558 Mcf$8,659,865
Total$8,666,765

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 31.2380, -96.4506. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23802, -96.45055 · 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
13,049 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 13,049 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-39530772513,049 ftMay 2003

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 (277)

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

277 months

May 20260800106.413.05$2,437
Apr 2026079598.932.87$2,281
Mar 2026078389.753.15$2,466
Feb 2026073863.503.75$2,768
Jan 2026068559.138.00$5,479
Dec 2025070556.664.41$3,111
Nov 2025086358.593.93$3,389
Oct 2025085159.383.30$2,812
Sep 2025069662.743.08$2,142
Aug 2025081563.933.01$2,457
Jul 2025094266.743.32$3,123
Jun 202501,39666.483.13$4,368
May 2025088660.553.23$2,864
Apr 2025088862.363.54$3,146
Mar 2025096467.704.27$4,115
Feb 2025090070.884.34$3,907
Jan 202501,01974.324.28$4,360
Dec 2024085768.993.12$2,675
Nov 2024078869.052.20$1,732
Oct 2024064471.372.28$1,469
Sep 202401,12869.612.36$2,667
Aug 2024090575.632.06$1,868
Jul 2024098479.932.15$2,112
Jun 2024093978.082.63$2,473
May 202401,09378.812.20$2,403
Apr 202401,70684.451.66$2,831
Mar 202401,83580.301.55$2,835
Feb 202401,64976.091.78$2,941
Jan 202401,97873.023.30$6,523
Dec 202301,63071.262.61$4,255
Nov 202301,55477.892.81$4,363
Oct 202301,74585.443.09$5,387
Sep 202301,29689.042.74$3,545
Aug 202301,49980.522.67$4,007
Jul 202301,66474.852.64$4,396
Jun 202301,97568.962.26$4,461
May 202302,37270.622.23$5,283
Apr 202302,32178.122.24$5,194
Mar 202302,24772.852.39$5,377
Feb 202301,62375.112.47$4,002
Jan 202302,30476.533.39$7,805
Dec 202201,65876.415.73$9,499
Nov 202202,05485.005.65$11,597
Oct 202202,15787.185.86$12,648
Sep 202201,95684.888.16$15,968
Aug 202201,82794.529.13$16,675
Jul 202201,828101.587.54$13,787
Jun 202201,836115.097.98$14,646
May 202201,938109.378.43$16,343
Apr 202201,880104.226.84$12,855
Mar 202202,089108.885.08$10,605
Feb 202202,18891.054.86$10,631
Jan 202202,56381.844.54$11,630
Dec 202102,36471.323.90$9,218
Nov 202102,27177.435.24$11,893
Oct 202101,27679.795.71$7,291
Sep 2021081469.865.35$4,356
Aug 202102,03866.024.22$8,602
Jul 202101,97370.783.98$7,857
Jun 202101,69569.493.38$5,730
May 202101,91563.483.02$5,779
Apr 202101,91860.362.76$5,291
Mar 202102,12561.302.72$5,774
Feb 202101,87157.805.55$10,380
Jan 202101,79450.412.81$5,042
Dec 202001,50444.642.68$4,024
Nov 202001,37138.772.71$3,711
Oct 202001,54536.972.48$3,829
Sep 202001,26937.091.99$2,527
Aug 202001,30039.982.39$3,101
Jul 202001,39638.371.83$2,548
Jun 202001,45534.901.69$2,459
May 202001,65616.921.81$3,005
Apr 202001,43514.751.80$2,589
Mar 202001,88030.341.86$3,490
Feb 202001,80749.881.98$3,579
Jan 202001,50257.252.09$3,146
Dec 201901,45659.012.30$3,355
Nov 201901,62255.302.75$4,462
Oct 201901,57953.472.42$3,819
Sep 201901,73355.052.66$4,605
Aug 201901,51153.112.30$3,482
Jul 201901,54556.272.46$3,801
Jun 201901,20152.782.49$2,992
May 201901,31958.482.74$3,614
Apr 201901,49762.632.75$4,118
Mar 201901,52756.803.06$4,676
Feb 201901,45150.852.79$4,052
Jan 201901,67746.033.23$5,414
Dec 201801,45746.594.19$6,098
Nov 201801,39152.934.24$5,894
Oct 201801,42061.443.40$4,825
Sep 201801,37759.543.11$4,280
Aug 201801,20759.403.07$3,701
Jul 201801,57365.142.93$4,612
Jun 201801,58160.183.08$4,865
May 201801,86265.382.90$5,401
Apr 201801,34363.842.90$3,896
Mar 201801,26261.222.79$3,517
Feb 201801,45561.782.77$4,025
Jan 201801,75762.874.01$7,044
Dec 201701,70357.272.92$4,975
Nov 201701,61055.423.12$5,021
Oct 201701,94249.292.98$5,794
Sep 201701,44047.523.09$4,446
Aug 201701,47445.373.00$4,428
Jul 201701,48243.873.09$4,575
Jun 201701,66642.493.09$5,143
May 201701,80645.373.26$5,894
Apr 201701,74947.933.21$5,617
Mar 201701,81046.772.98$5,400
Feb 201701,61550.452.95$4,768
Jan 201701,83149.413.42$6,260
Dec 201602,15748.763.72$8,030
Nov 201603,01542.492.64$7,973
Oct 201603,55146.193.09$10,974
Sep 201604,05741.553.10$12,579
Aug 201603,69241.442.92$10,797
Jul 201604,60541.622.92$13,467
Jun 201605,13545.352.69$13,792
May 201605,35942.521.99$10,670
Apr 201603,44036.561.99$6,849
Mar 201603,15533.011.79$5,660
Feb 2016083926.472.06$1,731
Jan 201601,33427.352.36$3,154
Dec 201501,27132.362.00$2,544
Nov 201501,91638.792.17$4,153
Oct 201501,60143.552.43$3,885
Sep 201501,74242.992.76$4,805
Aug 201501,57340.162.87$4,518
Jul 2015091348.152.95$2,689
Jun 2015071656.152.88$2,064
May 201501,35955.212.96$4,016
Apr 201501,75249.822.71$4,742
Mar 201501,71942.892.93$5,045
Feb 201501,81644.662.98$5,405
Jan 201501,05143.433.10$3,259
Dec 201401,16054.693.59$4,166
Nov 2014072870.464.25$3,095
Oct 201401,44678.303.90$5,641
Sep 201402,05886.164.05$8,326
Aug 201401,92489.394.04$7,764
Jul 201402,16796.564.18$9,057
Jun 201401,05398.164.74$4,988
May 2014070194.734.73$3,313
Apr 201401,41495.944.81$6,800
Mar 201401,70595.895.06$8,622
Feb 201402,38397.406.19$14,756
Jan 201402,74290.404.86$13,328
Dec 201302,84491.824.35$12,384
Nov 201301,53288.853.74$5,727
Oct 201302,20697.423.78$8,337
Sep 201302,096104.113.72$7,792
Aug 201301,875104.253.52$6,605
Jul 201302,357102.523.72$8,763
Jun 201302,65094.403.93$10,424
May 201302,84194.834.15$11,788
Apr 201303,04093.964.28$13,019
Mar 201302,49893.623.91$9,774
Feb 201301,84491.233.42$6,306
Jan 201301,87091.603.42$6,395
Dec 201202,30786.773.42$7,890
Nov 201202,32686.953.62$8,432
Oct 201202,71189.383.40$9,217
Sep 201202,74794.672.92$8,017
Aug 201204,26392.662.91$12,397
Jul 201204,62685.133.02$13,974
Jun 201205,16279.822.52$13,003
May 201204,41191.612.49$10,976
Apr 201203,349101.652.00$6,687
Mar 201203,148105.052.22$6,995
Feb 201202,780101.102.57$7,145
Jan 201203,19598.092.73$8,735
Dec 201103,48696.873.24$11,294
Nov 201103,18095.723.31$10,530
Oct 201104,64784.983.65$16,955
Sep 201104,43683.623.99$17,681
Aug 201104,85583.404.15$20,145
Jul 201105,82394.144.52$26,304
Jun 201105,77692.904.64$26,800
May 201106,10298.134.40$26,878
Apr 201106,372105.964.33$27,612
Mar 201107,58796.364.06$30,783
Feb 201103,78685.644.18$15,825
Jan 201105,73886.504.59$26,330
Dec 201006,99185.734.35$30,395
Nov 201007,60380.843.80$28,856
Oct 201008,73978.103.51$30,664
Sep 201009,48672.633.98$37,749
Aug 201006,02173.684.42$26,609
Jul 201001,68072.554.74$7,957
Jun 201002,97270.364.91$14,594
May 201003,15071.124.24$13,341
Apr 201004,23281.694.12$17,447
Mar 201006,47378.394.39$28,408
Feb 201006,23873.585.44$33,949
Jan 201006,01874.365.96$35,892
Dec 200905,55871.445.48$30,479
Nov 200904,69874.593.75$17,625
Oct 200907,07272.544.11$29,068
Sep 200907,08465.543.06$21,711
Aug 200908,30467.423.22$26,726
Jul 200905,67061.133.46$19,644
Jun 200906,24266.163.90$24,313
May 200906,37554.743.93$25,027
Apr 200903,75346.773.59$13,464
Mar 200903,85442.144.06$15,643
Feb 200903,61432.814.63$16,744
Jan 200905,92435.865.37$31,818
Dec 200804,57037.105.98$27,316
Nov 200804,87555.496.86$33,444
Oct 200805,50975.246.92$38,133
Sep 200806,375101.767.88$50,216
Aug 200807,794114.228.48$66,117
Jul 2008010,267131.0811.39$116,935
Jun 200803,993131.3313.03$52,039
May 200803,957123.1711.57$45,799
Apr 200803,860110.3110.45$40,356
Mar 200804,118101.909.66$39,797
Feb 200804,16292.538.77$36,503
Jan 200804,75490.388.21$39,010
Dec 200704,81788.337.30$35,174
Nov 200705,19391.677.29$37,866
Oct 200705,94182.856.92$41,123
Sep 200705,21675.846.24$32,570
Aug 200706,39669.066.39$40,857
Jul 200704,67570.906.39$29,864
Jun 200704,98462.007.55$37,621
May 200705,20558.747.85$40,840
Apr 200705,64859.617.81$44,084
Mar 200704,89956.927.30$35,772
Feb 200704,54055.108.22$37,301
Jan 200705,25550.306.73$35,350
Dec 200605,11756.656.92$35,402
Nov 200606,64254.207.62$50,595
Oct 200606,44554.906.01$38,759
Sep 200607,11760.085.04$35,850
Aug 200608,62668.717.34$63,314
Jul 200617,43169.376.34$47,202
Jun 200608,18066.286.38$52,220
May 200608,01866.016.42$51,516
Apr 200606,94464.397.36$51,111
Mar 2006010,91056.707.08$77,275
Feb 200605,18357.597.75$40,174
Jan 2006012,11460.598.93$108,218
Dec 200507,88954.9413.42$105,834
Nov 200505,31954.6910.59$56,320
Oct 2005014,21258.3413.80$196,065
Sep 2005121,05861.4512.08$254,421
Aug 2005119,34761.519.80$189,601
Jul 2005023,95055.697.84$187,855
Jun 2005120,48752.337.38$151,268
May 2005124,42645.226.65$162,506
Apr 200505,27049.207.36$38,790
Mar 200505,67250.377.15$40,582
Feb 200517,71645.226.31$48,748
Jan 200528,92943.166.32$56,537
Dec 200402,96739.866.75$20,030
Nov 200407,26245.286.33$45,972
Oct 2004012,45549.706.52$81,146
Sep 2004011,18543.245.28$59,100
Aug 2004115,42142.375.55$85,639
Jul 2004122,90738.286.08$139,409
Jun 2004123,44436.106.43$150,852
May 2004124,01537.486.49$156,005
Apr 2004120,93034.475.86$122,652
Mar 20041127,24234.365.53$151,030
Feb 2004134,37932.455.51$189,448
Jan 2004842,45032.036.30$267,676
Dec 20031238,80630.266.30$244,905
Nov 2003640,55428.804.60$186,525
Oct 2003945,81428.174.76$218,312
Sep 20031449,28626.314.75$234,445
Aug 20031754,97929.765.13$282,533
Jul 20033869,25629.415.17$359,229
Jun 20036681,81728.565.98$491,393
May 20033618,37726.595.97$110,717

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                  800 Mcf  × $  3.05 =     $2,437

────────────────────────────────────────────────────
Month total                                   $2,437

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/196065 is the state's own key, not one this site invented.