FAILS GAS UNIT

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

Gas lease lease 196486District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.7 M
May 2003 – May 2026
Value, last 12 filed months
$16 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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112003-09-17152469
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
CondensateDisposition598 bbl$35,844
GasProduction1,587,858 Mcf$9,672,642
Total$9,708,486

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 31.5431, -96.2975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54312, -96.29747 · 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
12,850 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 12,850 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-161325621012,850 ftMar 2006

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 20260347106.413.05$1,057
Apr 2026019398.932.87$554
Mar 2026052089.753.15$1,638
Feb 2026015163.503.75$566
Jan 2026037459.138.00$2,991
Dec 2025039156.664.41$1,726
Nov 2025028858.593.93$1,131
Oct 2025037159.383.30$1,226
Sep 2025045562.743.08$1,400
Aug 2025036963.933.01$1,112
Jul 2025042166.743.32$1,396
Jun 2025041266.483.13$1,289
May 2025031560.553.23$1,018
Apr 2025037462.363.54$1,325
Mar 2025037667.704.27$1,605
Feb 2025027070.884.34$1,172
Jan 2025041774.324.28$1,784
Dec 2024031568.993.12$983
Nov 2024037569.052.20$824
Oct 2024039871.372.28$908
Sep 2024033969.612.36$802
Aug 2024032875.632.06$677
Jul 2024030079.932.15$644
Jun 2024019178.082.63$503
May 2024037978.812.20$833
Apr 2024025884.451.66$428
Mar 2024026280.301.55$405
Feb 2024027076.091.78$482
Jan 2024029273.023.30$963
Dec 2023030971.262.61$807
Nov 2023025477.892.81$713
Oct 2023030585.443.09$942
Sep 2023025989.042.74$708
Aug 2023030080.522.67$802
Jul 2023024874.852.64$655
Jun 2023028068.962.26$632
May 2023032670.622.23$726
Apr 2023034778.122.24$777
Mar 2023031372.852.39$749
Feb 2023030975.112.47$762
Jan 2023035476.533.39$1,199
Dec 2022040176.415.73$2,297
Nov 2022040385.005.65$2,275
Oct 2022029287.185.86$1,712
Sep 2022033684.888.16$2,743
Aug 2022045194.529.13$4,116
Jul 20220301101.587.54$2,270
Jun 20220363115.097.98$2,896
May 20220376109.378.43$3,171
Apr 20220351104.226.84$2,400
Mar 20220523108.885.08$2,655
Feb 2022045991.054.86$2,230
Jan 2022038581.844.54$1,747
Dec 202101,77071.323.90$6,901
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 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020033338.371.83$608
Jun 2020092934.901.69$1,570
May 202001,19716.921.81$2,172
Apr 202001,95414.751.80$3,526
Mar 202001,42530.341.86$2,645
Feb 202002,01949.881.98$3,999
Jan 2020094957.252.09$1,988
Dec 201901,28459.012.30$2,959
Nov 201901,33555.302.75$3,672
Oct 2019050253.472.42$1,214
Sep 2019099355.052.66$2,639
Aug 201902,38953.112.30$5,505
Jul 20190056.272.46$0
Jun 2019052052.782.49$1,295
May 2019082958.482.74$2,272
Apr 20190962.632.75$25
Mar 20190056.803.06$0
Feb 201901,60850.852.79$4,490
Jan 201901,34246.033.23$4,332
Dec 201801,66146.594.19$6,952
Nov 201801,62552.934.24$6,886
Oct 201802,55261.443.40$8,672
Sep 201801,11359.543.11$3,459
Aug 201802,72659.403.07$8,359
Jul 2018019165.142.93$560
Jun 201802,54060.183.08$7,815
May 201801,13065.382.90$3,278
Apr 201801,93963.842.90$5,625
Mar 201801,98861.222.79$5,540
Feb 2018072461.782.77$2,003
Jan 201802,07962.874.01$8,335
Dec 201701,36157.272.92$3,976
Nov 201703,52755.423.12$10,998
Oct 20170049.292.98$0
Sep 201702,10247.523.09$6,489
Aug 201702,42945.373.00$7,298
Jul 201701,86143.873.09$5,745
Jun 201702,42742.493.09$7,493
May 201702,72445.373.26$8,890
Apr 201701,47147.933.21$4,724
Mar 201702,63746.772.98$7,868
Feb 201702,05550.452.95$6,068
Jan 201702,84049.413.42$9,709
Dec 201601,93448.763.72$7,200
Nov 201603,81742.492.64$10,093
Oct 2016079346.193.09$2,451
Sep 201602,62341.553.10$8,133
Aug 2016096041.442.92$2,807
Jul 201608141.622.92$237
Jun 201601,03645.352.69$2,783
May 201602,26142.521.99$4,502
Apr 201602,29636.561.99$4,571
Mar 201602,84933.011.79$5,111
Feb 201602,52926.472.06$5,219
Jan 201603,16427.352.36$7,481
Dec 201502,55832.362.00$5,120
Nov 201504,38738.792.17$9,508
Oct 201501,95943.552.43$4,754
Sep 2015055242.992.76$1,523
Aug 2015056540.162.87$1,623
Jul 2015068948.152.95$2,029
Jun 201501,18356.152.88$3,410
May 201501,12255.212.96$3,316
Apr 201501,49049.822.71$4,033
Mar 201502,24542.892.93$6,588
Feb 201501,27544.662.98$3,795
Jan 2015065543.433.10$2,031
Dec 201403,31454.693.59$11,902
Nov 201401,65570.464.25$7,037
Oct 2014092178.303.90$3,593
Sep 201408786.164.05$352
Aug 2014020289.394.04$815
Jul 2014017796.564.18$740
Jun 2014075398.164.74$3,567
May 201401,27294.734.73$6,012
Apr 2014092195.944.81$4,429
Mar 201401,39695.895.06$7,059
Feb 201401,44697.406.19$8,954
Jan 2014054790.404.86$2,659
Dec 2013053091.824.35$2,308
Nov 201301,00388.853.74$3,749
Oct 2013058397.423.78$2,203
Sep 20130703104.113.72$2,614
Aug 201301,676104.253.52$5,904
Jul 20130626102.523.72$2,327
Jun 201303,16194.403.93$12,434
May 201302,03094.834.15$8,423
Apr 201301,58293.964.28$6,775
Mar 201301,05293.623.91$4,116
Feb 201303,59091.233.42$12,277
Jan 201301,85091.603.42$6,327
Dec 201202,30186.773.42$7,870
Nov 201204,51686.953.62$16,370
Oct 201204,51389.383.40$15,343
Sep 201203,93294.672.92$11,475
Aug 201201,97092.662.91$5,729
Jul 201203,22985.133.02$9,754
Jun 201202,18079.822.52$5,492
May 201204,82891.612.49$12,014
Apr 201203,267101.652.00$6,524
Mar 201202,045105.052.22$4,544
Feb 201202,793101.102.57$7,179
Jan 201203,84798.092.73$10,518
Dec 201103,87696.873.24$12,557
Nov 201103,59195.723.31$11,891
Oct 201102,81084.983.65$10,252
Sep 201103,47183.623.99$13,835
Aug 201104,57383.404.15$18,975
Jul 201104,73494.144.52$21,385
Jun 201104,64792.904.64$21,562
May 201104,83998.134.40$21,315
Apr 201104,846105.964.33$20,999
Mar 201105,05796.364.06$20,518
Feb 201104,92185.644.18$20,570
Jan 201105,99686.504.59$27,514
Dec 201004,55985.734.35$19,821
Nov 201004,74080.843.80$17,990
Oct 201005,14078.103.51$18,036
Sep 201005,45472.633.98$21,704
Aug 201005,54573.684.42$24,505
Jul 201005,82572.554.74$27,590
Jun 201005,74870.364.91$28,225
May 201005,46671.124.24$23,150
Apr 201005,52681.694.12$22,782
Mar 201005,89078.394.39$25,849
Feb 201005,82473.585.44$31,696
Jan 201006,72374.365.96$40,097
Dec 200906,74771.445.48$36,999
Nov 200906,73074.593.75$25,248
Oct 200907,11272.544.11$29,232
Sep 200906,93365.543.06$21,248
Aug 200907,36067.423.22$23,688
Jul 200907,51061.133.46$26,018
Jun 200907,33866.163.90$28,582
May 200907,87254.743.93$30,904
Apr 200907,38646.773.59$26,497
Mar 200907,70142.144.06$31,258
Feb 200906,76232.814.63$31,328
Jan 200907,64735.865.37$41,072
Dec 200807,23137.105.98$43,221
Nov 200847,64255.496.86$52,649
Oct 200848,14575.246.92$56,680
Sep 200808,271101.767.88$65,151
Aug 200818,482114.228.48$72,067
Jul 200809,095131.0811.39$103,587
Jun 200809,068131.3313.03$118,180
May 200879,398123.1711.57$109,637
Apr 2008118,923110.3110.45$94,502
Mar 2008159,435101.909.66$92,709
Feb 2008159,04892.538.77$80,744
Jan 2008159,31690.388.21$77,800
Dec 20072310,85688.337.30$81,302
Nov 20071510,22891.677.29$75,955
Oct 20072510,51182.856.92$74,828
Sep 20071110,20475.846.24$64,550
Aug 2007298,81369.066.39$58,300
Jul 200711,28570.906.39$8,279
Jun 200747,59362.007.55$57,563
May 200707,17158.747.85$56,266
Apr 200758,36859.617.81$65,612
Mar 200738,91356.927.30$65,253
Feb 200736,16455.108.22$50,809
Jan 200759,08250.306.73$61,345
Dec 200659,89156.656.92$68,714
Nov 200659,58454.207.62$73,277
Oct 2006510,68054.906.01$64,502
Sep 2006810,32760.085.04$52,500
Aug 200699,61268.717.34$71,170
Jul 20061010,63769.376.34$68,162
Jun 20061611,62866.286.38$75,292
May 2006711,65366.016.42$75,333
Apr 20061812,26264.397.36$91,413
Mar 20061414,93156.707.08$106,549
Feb 20062512,61557.597.75$99,220
Jan 2006917,06060.598.93$152,948
Dec 2005918,96254.9413.42$254,877
Nov 20051520,20554.6910.59$214,759
Oct 2005820,14658.3413.80$278,396
Sep 2005617,64861.4512.08$213,539
Aug 20051732,72561.519.80$321,647
Jul 20052520,26255.697.84$160,320
Jun 200538,64752.337.38$63,981
May 200535,88645.226.65$39,284
Apr 2005516,60649.207.36$122,474
Mar 2005414,96450.377.15$107,267
Feb 2005315,43945.226.31$97,585
Jan 2005217,68043.166.32$111,863
Dec 2004917,33939.866.75$117,416
Nov 2004513,32245.286.33$84,560
Oct 2004113,32249.706.52$86,844
Sep 2004413,23343.245.28$70,095
Aug 2004312,18942.375.55$67,784
Jul 2004616,77738.286.08$102,304
Jun 2004917,06336.106.43$110,092
May 2004618,02237.486.49$117,270
Apr 2004821,77134.475.86$127,820
Mar 20041623,86934.365.53$132,549
Feb 20041831,01032.455.51$171,437
Jan 20042441,18932.036.30$260,245
Dec 20033250,50330.266.30$319,220
Nov 2003743,68028.804.60$200,918
Oct 2003347,89328.174.76$228,038
Sep 2003935,72826.314.75$169,922
Aug 2003748,75529.765.13$250,308
Jul 2003162,19529.415.17$321,630
Jun 2003384,61528.565.98$506,334
May 2003016,58626.595.97$99,063

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                  347 Mcf  × $  3.05 =     $1,057

────────────────────────────────────────────────────
Month total                                   $1,057

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/196486 is the state's own key, not one this site invented.