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 196623District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Aug 2003 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
274
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 Gas112003-11-05152908
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
CondensateDisposition2,392 bbl$127,949
GasProduction2,049,918 Mcf$12,244,097
Total$12,372,045

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 31.4723, -96.2598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47226, -96.25977 · 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
12,700 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 12,700 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-161325611212,700 ftAug 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 (274)

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

274 months

May 20260628106.413.05$1,913
Apr 2026148598.932.87$1,491
Mar 2026246989.753.15$1,657
Feb 2026125863.503.75$1,031
Jan 2026028059.138.00$2,239
Dec 2025041356.664.41$1,823
Nov 2025037858.593.93$1,484
Oct 2025244859.383.30$1,599
Sep 2025170062.743.08$2,217
Aug 202511,15463.933.01$3,543
Jul 2025097366.743.32$3,226
Jun 2025077566.483.13$2,425
May 2025151060.553.23$1,709
Apr 2025151262.363.54$1,876
Mar 2025329867.704.27$1,475
Feb 2025034170.884.34$1,480
Jan 2025034874.324.28$1,489
Dec 2024328768.993.12$1,103
Nov 2024037769.052.20$829
Oct 2024148071.372.28$1,166
Sep 2024257869.612.36$1,506
Aug 2024092475.632.06$1,907
Jul 2024193279.932.15$2,081
Jun 2024194478.082.63$2,565
May 2024169578.812.20$1,607
Apr 2024139784.451.66$743
Mar 2024050980.301.55$786
Feb 2024036976.091.78$658
Jan 2024033173.023.30$1,092
Dec 2023047571.262.61$1,240
Nov 2023038977.892.81$1,092
Oct 2023046885.443.09$1,445
Sep 2023156289.042.74$1,626
Aug 2023296580.522.67$2,740
Jul 2023393574.852.64$2,695
Jun 2023461268.962.26$1,658
May 2023354370.622.23$1,421
Apr 2023250478.122.24$1,284
Mar 2023272372.852.39$1,876
Feb 2023172575.112.47$1,863
Jan 2023174276.533.39$2,590
Dec 2022155576.415.73$3,256
Nov 2022155485.005.65$3,213
Oct 2022166787.185.86$3,998
Sep 202221,19884.888.16$9,950
Aug 202231,25894.529.13$11,766
Jul 202241,870101.587.54$14,510
Jun 202241,958115.097.98$16,080
May 202231,463109.378.43$12,666
Apr 20220675104.226.84$4,615
Mar 20220502108.885.08$2,548
Feb 2022038391.054.86$1,861
Jan 2022055181.844.54$2,500
Dec 2021061871.323.90$2,410
Nov 2021057577.435.24$3,011
Oct 202101,83079.795.71$10,456
Sep 202102,31769.865.35$12,398
Aug 202102,58966.024.22$10,927
Jul 202102,57670.783.98$10,258
Jun 202102,24769.493.38$7,596
May 202171,49963.483.02$4,968
Apr 2021157860.362.76$1,655
Mar 2021465761.302.72$2,030
Feb 2021457557.805.55$3,421
Jan 2021277950.412.81$2,290
Dec 202031,07044.642.68$2,997
Nov 202041,16238.772.71$3,300
Oct 202031,16736.972.48$3,003
Sep 202051,34737.091.99$2,867
Aug 202021,52339.982.39$3,712
Jul 202071,58738.371.83$3,165
Jun 202041,46834.901.69$2,621
May 202001,42316.921.81$2,582
Apr 202041,30514.751.80$2,414
Mar 202091,34530.341.86$2,770
Feb 202091,46649.881.98$3,353
Jan 202001,39757.252.09$2,926
Dec 201901,66759.012.30$3,841
Nov 201911,92455.302.75$5,348
Oct 201902,31853.472.42$5,606
Sep 201922,64055.052.66$7,125
Aug 201952,86453.112.30$6,865
Jul 201932,80556.272.46$7,069
Jun 201952,35352.782.49$6,126
May 201942,01158.482.74$5,745
Apr 201951,53162.632.75$4,524
Mar 201961,36356.803.06$4,514
Feb 2019122,24350.852.79$6,873
Jan 2019272,26746.033.23$8,561
Dec 201872,13146.594.19$9,245
Nov 201852,11652.934.24$9,231
Oct 201862,40161.443.40$8,527
Sep 201882,89359.543.11$9,468
Aug 201843,37559.403.07$10,587
Jul 2018143,64965.142.93$11,610
Jun 2018122,66760.183.08$8,928
May 201892,18165.382.90$6,915
Apr 201872,01463.842.90$6,289
Mar 2018122,22761.222.79$6,941
Feb 2018101,79661.782.77$5,586
Jan 201841,83262.874.01$7,597
Dec 2017111,86657.272.92$6,082
Nov 201782,87655.423.12$9,412
Oct 2017183,28049.292.98$10,674
Sep 201792,55747.523.09$8,322
Aug 2017142,78545.373.00$9,002
Jul 2017122,86243.873.09$9,362
Jun 2017122,24542.493.09$7,441
May 2017152,33945.373.26$8,314
Apr 2017142,45547.933.21$8,556
Mar 2017152,66646.772.98$8,656
Feb 2017132,21750.452.95$7,202
Jan 2017122,60349.413.42$9,492
Dec 201692,63048.763.72$10,230
Nov 201602,44042.492.64$6,452
Oct 201602,12746.193.09$6,573
Sep 201602,73441.553.10$8,477
Aug 201603,08241.442.92$9,013
Jul 201603,17241.622.92$9,276
Jun 201602,89745.352.69$7,781
May 201603,08142.521.99$6,134
Apr 201603,40736.561.99$6,783
Mar 201602,64533.011.79$4,745
Feb 201603,15526.472.06$6,511
Jan 201602,51427.352.36$5,944
Dec 201502,32732.362.00$4,657
Nov 201502,62138.792.17$5,681
Oct 201502,94543.552.43$7,146
Sep 20151764,01842.992.76$18,650
Aug 201503,75640.162.87$10,789
Jul 201503,91248.152.95$11,521
Jun 201503,90456.152.88$11,255
May 201503,45555.212.96$10,211
Apr 201503,07849.822.71$8,331
Mar 201502,90542.892.93$8,525
Feb 201503,39544.662.98$10,104
Jan 201503,31543.433.10$10,279
Dec 201403,75654.693.59$13,489
Nov 201403,57770.464.25$15,209
Oct 201403,64678.303.90$14,223
Sep 201402,79186.164.05$11,291
Aug 201403,76689.394.04$15,196
Jul 201403,89096.564.18$16,259
Jun 201403,58798.164.74$16,991
May 201402,65194.734.73$12,530
Apr 201402,46095.944.81$11,830
Mar 201403,83495.895.06$19,388
Feb 201403,18197.406.19$19,697
Jan 201403,79690.404.86$18,451
Dec 201303,05691.824.35$13,307
Nov 201302,64388.853.74$9,880
Oct 201304,13997.423.78$15,643
Sep 201303,297104.113.72$12,257
Aug 201302,939104.253.52$10,353
Jul 201303,460102.523.72$12,863
Jun 201302,69394.403.93$10,593
May 201302,59894.834.15$10,779
Apr 201303,03393.964.28$12,989
Mar 201303,43693.623.91$13,445
Feb 201302,79691.233.42$9,562
Jan 201303,75091.603.42$12,825
Dec 201203,69086.773.42$12,620
Nov 201203,34386.953.62$12,118
Oct 201203,57089.383.40$12,137
Sep 201202,86594.672.92$8,361
Aug 201203,07692.662.91$8,946
Jul 201203,41485.133.02$10,313
Jun 201202,84779.822.52$7,172
May 201203,57591.612.49$8,896
Apr 201202,364101.652.00$4,720
Mar 201203,273105.052.22$7,273
Feb 201202,666101.102.57$6,852
Jan 201202,52698.092.73$6,906
Dec 201102,93396.873.24$9,502
Nov 201102,97995.723.31$9,864
Oct 201103,29584.983.65$12,022
Sep 201102,98183.623.99$11,882
Aug 201103,14383.404.15$13,041
Jul 201104,20794.144.52$19,004
Jun 201113,55192.904.64$16,569
May 201103,51998.134.40$15,501
Apr 201103,425105.964.33$14,841
Mar 201104,13596.364.06$16,777
Feb 201104,11785.644.18$17,209
Jan 201105,09786.504.59$23,389
Dec 201004,34085.734.35$18,869
Nov 201004,94180.843.80$18,753
Oct 201005,23978.103.51$18,383
Sep 201004,65972.633.98$18,540
Aug 201004,74073.684.42$20,948
Jul 201004,56672.554.74$21,627
Jun 201004,75970.364.91$23,369
May 201005,68471.124.24$24,073
Apr 201004,99981.694.12$20,609
Mar 201006,32178.394.39$27,741
Feb 201005,08873.585.44$27,691
Jan 201006,27674.365.96$37,431
Dec 200905,16671.445.48$28,329
Nov 200903,44774.593.75$12,931
Oct 2009031272.544.11$1,282
Sep 2009010665.543.06$325
Aug 200905,82267.423.22$18,738
Jul 200906,54061.133.46$22,658
Jun 200906,32666.163.90$24,640
May 200906,77954.743.93$26,613
Apr 200936,82446.773.59$24,621
Mar 200946,80842.144.06$27,802
Feb 200926,66432.814.63$30,940
Jan 200967,63235.865.37$41,207
Dec 200808,26537.105.98$49,401
Nov 200808,07055.496.86$55,363
Oct 200837,88475.246.92$54,799
Sep 200848,041101.767.88$63,747
Aug 200818,149114.228.48$69,242
Jul 200828,528131.0811.39$97,391
Jun 200888,904131.3313.03$117,093
May 200879,274123.1711.57$108,202
Apr 200859,053110.3110.45$95,199
Mar 200818610,183101.909.66$117,363
Feb 2008159,94192.538.77$88,576
Jan 20081311,84090.388.21$98,331
Dec 20071513,00588.337.30$96,287
Nov 20071612,67891.677.29$93,911
Oct 2007912,02882.856.92$84,003
Sep 2007510,81075.846.24$67,879
Aug 2007712,54869.066.39$80,639
Jul 2007212,44970.906.39$79,665
Jun 2007112,78062.007.55$96,531
May 2007012,27458.747.85$96,305
Apr 200719,60759.617.81$75,044
Mar 2007010,27156.927.30$74,999
Feb 2007211,69655.108.22$96,205
Jan 2007012,89950.306.73$86,770
Dec 2006611,93956.656.92$82,939
Nov 2006912,66654.207.62$96,971
Oct 2006813,35454.906.01$80,747
Sep 2006214,65960.085.04$73,960
Aug 2006313,90668.717.34$102,275
Jul 200616115,24269.376.34$107,845
Jun 2006413,59166.286.38$87,028
May 2006914,91666.016.42$96,429
Apr 20061012,44164.397.36$92,216
Mar 2006416,51656.707.08$117,208
Feb 2006714,28957.597.75$111,159
Jan 20061117,89760.598.93$160,546
Dec 20051117,13054.9413.42$230,410
Nov 20051117,80654.6910.59$189,139
Oct 2005719,48358.3413.80$269,191
Sep 2005619,88361.4512.08$240,535
Aug 200518423,89361.519.80$245,394
Jul 20051225,87955.697.84$203,654
Jun 2005818,66752.337.38$138,201
May 20051023,95445.226.65$159,774
Apr 20051223,33749.207.36$172,362
Mar 2005027,90650.377.15$199,664
Feb 20051327,42845.226.31$173,711
Jan 200520731,81643.166.32$210,081
Dec 20041934,28639.866.75$232,225
Nov 2004735,25645.286.33$223,502
Oct 20041037,61749.706.52$245,576
Sep 20041336,46343.245.28$193,229
Aug 20041643,48742.375.55$242,059
Jul 20042552,29238.286.08$319,111
Jun 20041853,64136.106.43$345,723
May 2004958,80737.486.49$382,264
Apr 200417166,76734.475.86$397,046
Mar 20042240,18734.365.53$222,996
Feb 200417228,15532.455.51$160,705
Jan 20042034,35632.036.30$217,071
Dec 200311946,06130.266.30$293,861
Nov 20031563,69728.804.60$293,130
Oct 20031951,00628.174.76$243,305
Sep 20032377,28826.314.75$367,674
Aug 20034679,66929.765.13$410,049

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                  628 Mcf  × $  3.05 =     $1,913

────────────────────────────────────────────────────
Month total                                   $1,913

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/196623 is the state's own key, not one this site invented.