OAKES-TURNER GAS UNIT NO. 1

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

Gas lease lease 196322District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Jul 2003 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
275
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112003-10-10152678
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
CondensateDisposition1,436 bbl$74,990
GasProduction2,083,865 Mcf$12,099,193
Total$12,174,183

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 31.4684, -96.2597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46836, -96.25969 · 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
12,763 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 12,763 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-161325661312,763 ftJul 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 (275)

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

275 months

May 202605,328106.413.05$16,228
Apr 202604,96298.932.87$14,240
Mar 202615,40689.753.15$17,116
Feb 202615,15463.503.75$19,393
Jan 202604,89359.138.00$39,134
Dec 2025029656.664.41$1,306
Nov 2025022958.593.93$899
Oct 2025122059.383.30$786
Sep 2025028462.743.08$874
Aug 2025020963.933.01$630
Jul 2025023266.743.32$769
Jun 2025023766.483.13$742
May 2025028260.553.23$912
Apr 2025027762.363.54$981
Mar 2025122167.704.27$1,011
Feb 202501,07570.884.34$4,666
Jan 202501,91974.324.28$8,211
Dec 202411,22068.993.12$3,877
Nov 2024057069.052.20$1,253
Oct 20240171.372.28$2
Sep 202408969.612.36$210
Aug 20240075.632.06$0
Jul 20240879.932.15$17
Jun 202401478.082.63$37
May 20240778.812.20$15
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202102460.362.76$66
Mar 202102561.302.72$68
Feb 202101557.805.55$83
Jan 202101550.412.81$42
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202001636.972.48$40
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020673138.371.83$1,564
Jun 202082,07434.901.69$3,785
May 202002,01616.921.81$3,659
Apr 2020132,29614.751.80$4,335
Mar 2020292,59630.341.86$5,699
Feb 2020211,97549.881.98$4,959
Jan 202002,52857.252.09$5,296
Dec 201902,84159.012.30$6,547
Nov 201912,90655.302.75$8,049
Oct 201903,23653.472.42$7,826
Sep 201953,53055.052.66$9,655
Aug 2019135,00053.112.30$12,212
Jul 201911,01056.272.46$2,541
Jun 201932,53452.782.49$6,471
May 201951,90958.482.74$5,524
Apr 2019199162.632.75$2,789
Mar 201931,53956.803.06$4,883
Feb 201951,77250.852.79$5,202
Jan 2019162,86846.033.23$9,995
Dec 201832,04246.594.19$8,686
Nov 201832,65052.934.24$11,387
Oct 201811,48661.443.40$5,111
Sep 201821,52959.543.11$4,871
Aug 201812,58959.403.07$7,999
Jul 201831,91765.142.93$5,816
Jun 201831,63960.183.08$5,224
May 201832,29365.382.90$6,848
Apr 201821,51663.842.90$4,525
Mar 201821,33261.222.79$3,835
Feb 201872,92561.782.77$8,523
Jan 201822,38062.874.01$9,668
Dec 201741,99057.272.92$6,043
Nov 201732,14355.423.12$6,849
Oct 2017142849.292.98$1,326
Sep 201721,12747.523.09$3,574
Aug 201731,35845.373.00$4,216
Jul 201731,78343.873.09$5,636
Jun 201763,03942.493.09$9,637
May 201752,01445.373.26$6,799
Apr 201741,87647.933.21$6,217
Mar 201741,60746.772.98$4,982
Feb 201741,87950.452.95$5,750
Jan 201773,52549.413.42$12,397
Dec 201642,78348.763.72$10,556
Nov 201601,55942.492.64$4,123
Oct 201602,79546.193.09$8,637
Sep 201603,34741.553.10$10,378
Aug 201602,45441.442.92$7,176
Jul 201602,64141.622.92$7,723
Jun 201603,60645.352.69$9,685
May 201602,98042.521.99$5,933
Apr 201604,67836.561.99$9,314
Mar 201603,54333.011.79$6,356
Feb 201604,56026.472.06$9,410
Jan 20161054,62827.352.36$13,814
Dec 201502,35032.362.00$4,703
Nov 201501,70238.792.17$3,689
Oct 201503,29443.552.43$7,993
Sep 201502,90642.992.76$8,016
Aug 201504,02840.162.87$11,570
Jul 201503,48648.152.95$10,267
Jun 201503,65656.152.88$10,540
May 201503,91355.212.96$11,565
Apr 201504,45649.822.71$12,060
Mar 201503,13942.892.93$9,212
Feb 201504,74044.662.98$14,107
Jan 201503,77943.433.10$11,717
Dec 201404,55654.693.59$16,362
Nov 201401,69370.464.25$7,198
Oct 201403,42178.303.90$13,345
Sep 201402,23786.164.05$9,050
Aug 201402,06489.394.04$8,328
Jul 201404,50596.564.18$18,829
Jun 201405,66598.164.74$26,834
May 201403,88394.734.73$18,353
Apr 201405,81995.944.81$27,984
Mar 201404,12595.895.06$20,859
Feb 201403,44997.406.19$21,356
Jan 201403,83890.404.86$18,655
Dec 201305,13491.824.35$22,356
Nov 201306,36488.853.74$23,790
Oct 201304,78097.423.78$18,065
Sep 201303,602104.113.72$13,391
Aug 201306,706104.253.52$23,623
Jul 201305,869102.523.72$21,819
Jun 201304,96894.403.93$19,541
May 201303,94794.834.15$16,376
Apr 201305,68793.964.28$24,355
Mar 201304,55393.623.91$17,815
Feb 201304,34091.233.42$14,842
Jan 201306,43891.603.42$22,017
Dec 201205,41286.773.42$18,510
Nov 201204,01286.953.62$14,543
Oct 201206,74489.383.40$22,927
Sep 201204,36094.672.92$12,724
Aug 201206,22992.662.91$18,115
Jul 201205,32285.133.02$16,077
Jun 201204,58779.822.52$11,555
May 201206,81291.612.49$16,950
Apr 201205,161101.652.00$10,305
Mar 201205,198105.052.22$11,550
Feb 201205,550101.102.57$14,265
Jan 201204,90898.092.73$13,419
Dec 201107,33396.873.24$23,757
Nov 201117,71795.723.31$25,649
Oct 201106,19984.983.65$22,617
Sep 201105,83983.623.99$23,273
Aug 201105,59283.404.15$23,203
Jul 201103,86594.144.52$17,459
Jun 201104,83192.904.64$22,415
May 201106,90398.134.40$30,406
Apr 201106,155105.964.33$26,671
Mar 201106,19796.364.06$25,143
Feb 201115,16285.644.18$21,663
Jan 201104,46986.504.59$20,507
Dec 201007,77385.734.35$33,795
Nov 201005,13880.843.80$19,500
Oct 201005,86578.103.51$20,580
Sep 201006,30872.633.98$25,103
Aug 201007,44073.684.42$32,880
Jul 201005,69572.554.74$26,974
Jun 201007,24370.364.91$35,566
May 201006,00671.124.24$25,437
Apr 201007,42281.694.12$30,599
Mar 201006,74878.394.39$29,615
Feb 201006,86673.585.44$37,367
Jan 201007,43074.365.96$44,313
Dec 200907,14671.445.48$39,187
Nov 200908,43074.593.75$31,625
Oct 20091796,29572.544.11$38,859
Sep 200907,29965.543.06$22,370
Aug 200906,47567.423.22$20,840
Jul 200907,53661.133.46$26,108
Jun 2009110,20866.163.90$39,826
May 200907,23254.743.93$28,391
Apr 200978,48646.773.59$30,771
Mar 200938,68142.144.06$35,363
Feb 200937,46632.814.63$34,688
Jan 200949,04935.865.37$48,746
Dec 2008010,85037.105.98$64,852
Nov 200807,72955.496.86$53,024
Oct 200827,37475.246.92$51,193
Sep 200828,419101.767.88$66,521
Aug 2008010,367114.228.48$87,943
Jul 20081010,216131.0811.39$117,665
Jun 200869,523131.3313.03$124,898
May 200828,848123.1711.57$102,656
Apr 2008811,529110.3110.45$121,417
Mar 200848,377101.909.66$81,364
Feb 20082310,26492.538.77$92,149
Jan 200869,93690.388.21$82,074
Dec 20071612,20288.337.30$90,512
Nov 20071612,66191.677.29$93,787
Oct 20071010,48382.856.92$73,392
Sep 20071110,68375.846.24$67,541
Aug 20071111,87469.066.39$76,610
Jul 2007412,09170.906.39$77,520
Jun 2007211,79362.007.55$89,143
May 2007011,64958.747.85$91,401
Apr 200708,82259.617.81$68,857
Mar 2007010,07556.927.30$73,567
Feb 2007011,70055.108.22$96,127
Jan 2007111,43250.306.73$76,952
Dec 2006211,32556.656.92$78,465
Nov 2006711,67154.207.62$89,283
Oct 2006513,21354.906.01$79,735
Sep 2006413,49960.085.04$68,237
Aug 2006313,18768.717.34$96,998
Jul 2006112,96969.376.34$82,329
Jun 2006613,86666.286.38$88,917
May 20061013,07066.016.42$84,635
Apr 2006413,39964.397.36$98,881
Mar 2006715,70656.707.08$111,641
Feb 20061113,89457.597.75$108,328
Jan 20061616,78060.598.93$150,871
Dec 20051916,44154.9413.42$221,606
Nov 20051016,58154.6910.59$176,113
Oct 20051419,88558.3413.80$275,145
Sep 20051218,78261.4512.08$227,605
Aug 200518617,73061.519.80$185,139
Jul 20051121,08155.697.84$165,964
Jun 2005919,05452.337.38$141,109
May 2005922,73745.226.65$151,634
Apr 20051722,14549.207.36$163,834
Mar 2005024,75750.377.15$177,133
Feb 20051223,92445.226.31$151,549
Jan 20051127,28343.166.32$172,963
Dec 20041427,53239.866.75$186,429
Nov 2004629,84645.286.33$189,209
Oct 20041032,38149.706.52$211,462
Sep 20041330,80243.245.28$163,317
Aug 20041734,70142.375.55$193,334
Jul 20042339,35638.286.08$240,329
Jun 2004841,22836.106.43$265,509
May 20041446,88937.486.49$305,049
Apr 20042149,50134.475.86$290,724
Mar 20043042,21734.365.53$234,497
Feb 20041425,05332.455.51$138,487
Jan 20041740,50032.036.30$255,680
Dec 200310342,88330.266.30$273,350
Nov 20031735,31228.804.60$162,754
Oct 20031541,92928.174.76$199,990
Sep 20031967,93126.314.75$323,129
Aug 200327117,25129.765.13$602,268
Jul 20032754,57029.415.17$282,967

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                5,328 Mcf  × $  3.05 =    $16,228

────────────────────────────────────────────────────
Month total                                  $16,228

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/196322 is the state's own key, not one this site invented.