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 196538District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Jun 2003 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
276
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 Gas112003-10-10152717
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
CondensateDisposition433 bbl$25,144
GasProduction2,402,754 Mcf$13,991,348
Total$14,016,491

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 31.5364, -96.2867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53644, -96.28673 · 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
12,932 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 12,932 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-16132557612,932 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 (276)

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

276 months

May 20260332106.413.05$1,011
Apr 2026019098.932.87$545
Mar 2026051189.753.15$1,609
Feb 2026045363.503.75$1,699
Jan 202602,26059.138.00$18,075
Dec 202502,84856.664.41$12,569
Nov 202502,83658.593.93$11,135
Oct 202502,81559.383.30$9,303
Sep 202502,67462.743.08$8,228
Aug 202502,64863.933.01$7,983
Jul 202502,90266.743.32$9,621
Jun 202501,13666.483.13$3,554
May 202502,40460.553.23$7,771
Apr 202502,32562.363.54$8,238
Mar 202502,11967.704.27$9,045
Feb 202501,86170.884.34$8,078
Jan 202502,29874.324.28$9,832
Dec 202402,71568.993.12$8,475
Nov 202402,46469.052.20$5,417
Oct 202412,15371.372.28$4,983
Sep 202402,20069.612.36$5,202
Aug 202422,26775.632.06$4,830
Jul 202422,80179.932.15$6,172
Jun 2024083778.082.63$2,205
May 202431,60178.812.20$3,756
Apr 202402,57184.451.66$4,266
Mar 202402,68180.301.55$4,142
Feb 202402,44876.091.78$4,366
Jan 202441,03573.023.30$3,705
Dec 202302,73971.262.61$7,151
Nov 202301,82577.892.81$5,124
Oct 202302,84485.443.09$8,780
Sep 202302,93889.042.74$8,036
Aug 202302,80580.522.67$7,497
Jul 2023049974.852.64$1,318
Jun 2023068668.962.26$1,549
May 202302,11870.622.23$4,718
Apr 202302,64278.122.24$5,912
Mar 202302,77972.852.39$6,651
Feb 202302,57975.112.47$6,359
Jan 202302,55876.533.39$8,666
Dec 202202,42376.415.73$13,882
Nov 202202,27985.005.65$12,868
Oct 202201,98087.185.86$11,610
Sep 202202,66784.888.16$21,773
Aug 202202,77494.529.13$25,319
Jul 202202,874101.587.54$21,676
Jun 202202,456115.097.98$19,592
May 202202,680109.378.43$22,601
Apr 202201,995104.226.84$13,641
Mar 202202,497108.885.08$12,676
Feb 202202,23891.054.86$10,874
Jan 202202,75381.844.54$12,492
Dec 202102,71871.323.90$10,598
Nov 202102,77277.435.24$14,517
Oct 202102,85779.795.71$16,325
Sep 202102,56569.865.35$13,725
Aug 202102,64966.024.22$11,180
Jul 202102,88570.783.98$11,488
Jun 202102,73369.493.38$9,239
May 202102,76863.483.02$8,353
Apr 202102,90160.362.76$8,002
Mar 202102,85461.302.72$7,754
Feb 202102,43657.805.55$13,515
Jan 202103,15550.412.81$8,866
Dec 202003,33444.642.68$8,920
Nov 202003,03138.772.71$8,204
Oct 202002,96736.972.48$7,354
Sep 202003,18337.091.99$6,337
Aug 202002,80539.982.39$6,690
Jul 202002,90038.371.83$5,293
Jun 202002,45934.901.69$4,156
May 202003,01216.921.81$5,466
Apr 202002,90714.751.80$5,245
Mar 202002,59130.341.86$4,809
Feb 202003,00749.881.98$5,956
Jan 202003,27957.252.09$6,869
Dec 201903,10259.012.30$7,148
Nov 201903,03355.302.75$8,343
Oct 201903,10653.472.42$7,512
Sep 201902,86655.052.66$7,616
Aug 201903,17753.112.30$7,321
Jul 201903,02956.272.46$7,452
Jun 201903,50252.782.49$8,724
May 201903,69658.482.74$10,128
Apr 201903,14962.632.75$8,662
Mar 201903,75756.803.06$11,504
Feb 201903,62450.852.79$10,119
Jan 201903,69046.033.23$11,912
Dec 201803,40546.594.19$14,251
Nov 201803,38052.934.24$14,322
Oct 201804,30761.443.40$14,636
Sep 201804,25459.543.11$13,221
Aug 201803,26459.403.07$10,009
Jul 201804,40965.142.93$12,927
Jun 201804,67560.183.08$14,385
May 201802,05965.382.90$5,973
Apr 2018046463.842.90$1,346
Mar 2018053261.222.79$1,483
Feb 2018044361.782.77$1,225
Jan 201802,66162.874.01$10,669
Dec 201703,49057.272.92$10,196
Nov 201703,36955.423.12$10,506
Oct 201703,05449.292.98$9,112
Sep 201703,58647.523.09$11,071
Aug 201703,78645.373.00$11,375
Jul 201703,96143.873.09$12,229
Jun 201704,21442.493.09$13,010
May 201705,03245.373.26$16,421
Apr 201704,79047.933.21$15,384
Mar 201704,71846.772.98$14,077
Feb 201703,02950.452.95$8,943
Jan 201702,50649.413.42$8,568
Dec 201601,97648.763.72$7,356
Nov 201602,32342.492.64$6,143
Oct 201603,58646.193.09$11,082
Sep 201604,26141.553.10$13,212
Aug 201603,14641.442.92$9,200
Jul 201601,89241.622.92$5,533
Jun 2016074045.352.69$1,988
May 201602,70842.521.99$5,392
Apr 201604,15236.561.99$8,267
Mar 201603,36933.011.79$6,044
Feb 201603,53226.472.06$7,289
Jan 201603,82927.352.36$9,053
Dec 201503,80532.362.00$7,615
Nov 201504,77438.792.17$10,347
Oct 201503,31643.552.43$8,047
Sep 201503,53042.992.76$9,737
Aug 201502,92340.162.87$8,396
Jul 201504,62848.152.95$13,630
Jun 201505,96256.152.88$17,188
May 201501,14055.212.96$3,369
Apr 2015097249.822.71$2,631
Mar 201504,11842.892.93$12,085
Feb 201504,35344.662.98$12,955
Jan 201505,03543.433.10$15,612
Dec 201403,58954.693.59$12,889
Nov 201401,26870.464.25$5,391
Oct 201401,94478.303.90$7,583
Sep 201402,67286.164.05$10,809
Aug 201404,76989.394.04$19,243
Jul 201403,91896.564.18$16,376
Jun 201403,80998.164.74$18,043
May 201404,87694.734.73$23,047
Apr 201404,74395.944.81$22,810
Mar 201405,10095.895.06$25,790
Feb 201403,63997.406.19$22,533
Jan 201404,71590.404.86$22,918
Dec 201303,75991.824.35$16,368
Nov 201304,46988.853.74$16,706
Oct 201304,49997.423.78$17,003
Sep 201305,263104.113.72$19,566
Aug 201304,512104.253.52$15,894
Jul 201305,608102.523.72$20,849
Jun 201305,67594.403.93$22,322
May 201304,92194.834.15$20,418
Apr 201304,79793.964.28$20,544
Mar 201303,72693.623.91$14,579
Feb 201304,34491.233.42$14,856
Jan 201305,02291.603.42$17,175
Dec 201204,70586.773.42$16,092
Nov 201205,07886.953.62$18,408
Oct 201205,37789.383.40$18,280
Sep 201205,42894.672.92$15,841
Aug 201205,70692.662.91$16,594
Jul 201205,23985.133.02$15,826
Jun 201205,57879.822.52$14,051
May 201205,75191.612.49$14,310
Apr 201205,295101.652.00$10,573
Mar 201204,653105.052.22$10,339
Feb 201204,881101.102.57$12,545
Jan 201204,10598.092.73$11,223
Dec 201104,64496.873.24$15,045
Nov 201105,66895.723.31$18,768
Oct 201105,86484.983.65$21,395
Sep 201105,00083.623.99$19,929
Aug 201106,06583.404.15$25,166
Jul 201106,45494.144.52$29,154
Jun 201106,32992.904.64$29,366
May 201106,68498.134.40$29,442
Apr 201106,526105.964.33$28,279
Mar 201106,87996.364.06$27,910
Feb 201105,62985.644.18$23,529
Jan 201105,58586.504.59$25,628
Dec 201006,49385.734.35$28,230
Nov 201006,69680.843.80$25,414
Oct 201005,63378.103.51$19,766
Sep 201007,16272.633.98$28,501
Aug 201004,98273.684.42$22,017
Jul 201008,16572.554.74$38,673
Jun 201007,88470.364.91$38,714
May 201008,60271.124.24$36,431
Apr 201008,20681.694.12$33,831
Mar 201008,32778.394.39$36,544
Feb 201007,77373.585.44$42,303
Jan 201008,51574.365.96$50,784
Dec 200908,13171.445.48$44,588
Nov 200907,95174.593.75$29,828
Oct 200908,62172.544.11$35,434
Sep 200908,21265.543.06$25,168
Aug 200909,12667.423.22$29,372
Jul 200906,10161.133.46$21,137
Jun 200908,60866.163.90$33,528
May 200909,16054.743.93$35,960
Apr 200928,97546.773.59$32,291
Mar 200949,01242.144.06$36,748
Feb 200918,37132.814.63$38,816
Jan 200919,41335.865.37$50,593
Dec 200809,49637.105.98$56,759
Nov 200819,19855.496.86$63,157
Oct 200819,40175.246.92$65,149
Sep 200808,888101.767.88$70,012
Aug 200838,483114.228.48$72,304
Jul 200859,753131.0811.39$111,737
Jun 200839,854131.3313.03$128,818
May 2008710,337123.1711.57$120,506
Apr 2008610,144110.3110.45$106,716
Mar 2008910,851101.909.66$105,782
Feb 2008511,07292.538.77$97,571
Jan 2008711,25890.388.21$93,013
Dec 2007712,82688.337.30$94,273
Nov 2007512,70391.677.29$93,085
Oct 2007513,85282.856.92$96,298
Sep 2007313,55775.846.24$84,880
Aug 2007812,29069.066.39$79,060
Jul 20071915,31970.906.39$99,204
Jun 200708,27762.007.55$62,479
May 2007014,11758.747.85$110,766
Apr 2007114,22659.617.81$111,096
Mar 2007215,49256.927.30$113,236
Feb 2007114,50155.108.22$119,195
Jan 2007018,22550.306.73$122,597
Dec 2006016,83156.656.92$116,444
Nov 2006016,15554.207.62$123,060
Oct 2006516,24154.906.01$97,945
Sep 2006216,05960.085.04$81,013
Aug 2006516,74068.717.34$123,214
Jul 2006616,94369.376.34$107,882
Jun 20061116,44466.286.38$105,706
May 20061319,55166.016.42$126,473
Apr 20061718,26264.397.36$135,512
Mar 2006420,00756.707.08$141,935
Feb 20062220,67957.597.75$161,552
Jan 2006824,38960.598.93$218,359
Dec 20051127,63354.9413.42$371,312
Nov 20051029,28954.6910.59$310,671
Oct 2005729,43758.3413.80$406,514
Sep 2005422,68461.4512.08$274,246
Aug 2005517,89561.519.80$175,622
Jul 2005917,44455.697.84$137,326
Jun 2005817,51852.337.38$129,720
May 200555,68845.226.65$38,058
Apr 2005723,22649.207.36$171,299
Mar 20051038,52450.377.15$276,138
Feb 2005839,94445.226.31$252,485
Jan 2005239,87343.166.32$252,171
Dec 2004938,07439.866.75$257,399
Nov 2004636,12345.286.33$228,945
Oct 2004336,12349.706.52$235,494
Sep 2004437,90543.245.28$200,459
Aug 2004336,26242.375.55$201,405
Jul 2004430,90138.286.08$188,160
Jun 2004727,15336.106.43$174,928
May 2004436,49237.486.49$237,150
Apr 2004943,99434.475.86$258,047
Mar 2004047,97134.365.53$265,286
Feb 20041646,09832.455.51$254,502
Jan 20042455,52332.036.30$350,544
Dec 20032970,71630.266.30$446,504
Nov 2003659,02528.804.60$271,402
Oct 2003062,49928.174.76$297,473
Sep 2003251,02726.314.75$242,398
Aug 2003053,87229.765.13$276,348
Jul 2003511,39729.415.17$59,079
Jun 200352,17428.565.98$13,150

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                  332 Mcf  × $  3.05 =     $1,011

────────────────────────────────────────────────────
Month total                                   $1,011

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/196538 is the state's own key, not one this site invented.