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 196630District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Aug 2003 – May 2026
Value, last 12 filed months
$87 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 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 Gas112003-11-05152977
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
CondensateDisposition292 bbl$9,402
GasProduction1,368,893 Mcf$7,249,210
Total$7,258,612

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 31.2393, -96.4587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23926, -96.45867 · 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
13,075 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 13,075 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-39530786613,075 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 202601,366106.413.05$4,161
Apr 202601,82098.932.87$5,223
Mar 202602,21289.753.15$6,967
Feb 202601,39663.503.75$5,235
Jan 202601,83259.138.00$14,652
Dec 202502,23256.664.41$9,851
Nov 202501,98158.593.93$7,778
Oct 202502,44359.383.30$8,074
Sep 202502,33662.743.08$7,188
Aug 202501,53963.933.01$4,640
Jul 202501,92166.743.32$6,369
Jun 202502,23866.483.13$7,002
May 202501,97860.553.23$6,394
Apr 202501,53262.363.54$5,428
Mar 202502,53167.704.27$10,803
Feb 202501,43270.884.34$6,216
Jan 202502,38374.324.28$10,196
Dec 202402,44568.993.12$7,632
Nov 202402,02569.052.20$4,452
Oct 202402,47771.372.28$5,651
Sep 202402,50069.612.36$5,911
Aug 202402,52875.632.06$5,217
Jul 202402,57379.932.15$5,523
Jun 202402,68778.082.63$7,078
May 202402,62978.812.20$5,780
Apr 202401,92284.451.66$3,189
Mar 202402,64380.301.55$4,084
Feb 202402,79476.091.78$4,983
Jan 202403,16773.023.30$10,444
Dec 202302,01171.262.61$5,250
Nov 202302,77477.892.81$7,788
Oct 202301,95385.443.09$6,029
Sep 202302,76689.042.74$7,565
Aug 202302,73880.522.67$7,318
Jul 202301,52874.852.64$4,037
Jun 202302,48468.962.26$5,610
May 202302,64470.622.23$5,889
Apr 202303,08078.122.24$6,892
Mar 202301,68672.852.39$4,035
Feb 202303,40875.112.47$8,403
Jan 202301,94476.533.39$6,586
Dec 202202,51376.415.73$14,397
Nov 202201,36485.005.65$7,701
Oct 202202,02387.185.86$11,862
Sep 202203,84684.888.16$31,398
Aug 202202,75694.529.13$25,154
Jul 202201,925101.587.54$14,519
Jun 202203,706115.097.98$29,564
May 202203,473109.378.43$29,288
Apr 202202,684104.226.84$18,352
Mar 202201,724108.885.08$8,752
Feb 202202,61091.054.86$12,682
Jan 202202,75781.844.54$12,510
Dec 202103,03171.323.90$11,818
Nov 202101,01677.435.24$5,321
Oct 202101,65679.795.71$9,462
Sep 202102,59869.865.35$13,902
Aug 202102,52066.024.22$10,636
Jul 202104,43070.783.98$17,641
Jun 202101,09869.493.38$3,712
May 202101,16063.483.02$3,501
Apr 202101,20560.362.76$3,324
Mar 202102,71761.302.72$7,382
Feb 202102,16357.805.55$12,000
Jan 202101,71550.412.81$4,820
Dec 202002,84044.642.68$7,598
Nov 202001,83738.772.71$4,972
Oct 202002,38936.972.48$5,921
Sep 202002,14837.091.99$4,277
Aug 202002,89639.982.39$6,907
Jul 202002,80438.371.83$5,118
Jun 202001,73034.901.69$2,924
May 202002,03916.921.81$3,700
Apr 202002,49914.751.80$4,509
Mar 202004,03330.341.86$7,486
Feb 202004,20049.881.98$8,319
Jan 202004,54357.252.09$9,516
Dec 201903,18359.012.30$7,335
Nov 2019022955.302.75$630
Oct 201901,23553.472.42$2,987
Sep 201902,12155.052.66$5,636
Aug 201902,45053.112.30$5,646
Jul 201902,73856.272.46$6,736
Jun 201902,83252.782.49$7,055
May 201903,59758.482.74$9,857
Apr 201902,40362.632.75$6,610
Mar 201902,69456.803.06$8,249
Feb 201903,66250.852.79$10,225
Jan 201905,12446.033.23$16,541
Dec 201803,97646.594.19$16,641
Nov 201804,17352.934.24$17,682
Oct 201803,92861.443.40$13,348
Sep 201802,37359.543.11$7,375
Aug 201802,94659.403.07$9,034
Jul 201803,63865.142.93$10,666
Jun 201803,27260.183.08$10,068
May 201803,23865.382.90$9,393
Apr 201803,11363.842.90$9,030
Mar 201803,54761.222.79$9,885
Feb 201802,86561.782.77$7,925
Jan 201802,98762.874.01$11,976
Dec 201702,54557.272.92$7,435
Nov 201702,66055.423.12$8,295
Oct 201702,60449.292.98$7,770
Sep 201702,21147.523.09$6,826
Aug 201702,20045.373.00$6,610
Jul 201702,25543.873.09$6,962
Jun 201702,46642.493.09$7,613
May 201702,80945.373.26$9,167
Apr 201702,36847.933.21$7,605
Mar 201702,65846.772.98$7,931
Feb 201702,92850.452.95$8,645
Jan 201703,90749.413.42$13,357
Dec 201603,78348.763.72$14,083
Nov 201603,42942.492.64$9,067
Oct 201602,28546.193.09$7,061
Sep 201603,17641.553.10$9,848
Aug 201603,33841.442.92$9,761
Jul 201603,40441.622.92$9,954
Jun 201603,25345.352.69$8,737
May 201603,66442.521.99$7,295
Apr 201604,04336.561.99$8,050
Mar 201604,93833.011.79$8,859
Feb 201605,46626.472.06$11,280
Jan 201605,93027.352.36$14,021
Dec 201501,01932.362.00$2,039
Nov 201501,12538.792.17$2,438
Oct 201501,31943.552.43$3,201
Sep 201501,03342.992.76$2,849
Aug 201501,24840.162.87$3,585
Jul 201501,26648.152.95$3,728
Jun 201501,24656.152.88$3,592
May 201501,27855.212.96$3,777
Apr 2015097149.822.71$2,628
Mar 201501,28042.892.93$3,756
Feb 2015096944.662.98$2,884
Jan 201501,56943.433.10$4,865
Dec 201401,55454.693.59$5,581
Nov 2014092570.464.25$3,933
Oct 201401,63178.303.90$6,362
Sep 201401,59086.164.05$6,432
Aug 201401,53189.394.04$6,178
Jul 201402,10796.564.18$8,806
Jun 201402,56898.164.74$12,164
May 201404,00794.734.73$18,939
Apr 201403,55595.944.81$17,096
Mar 201403,74295.895.06$18,923
Feb 201403,31897.406.19$20,545
Jan 201403,68390.404.86$17,902
Dec 201303,14191.824.35$13,677
Nov 201303,59888.853.74$13,450
Oct 201304,08297.423.78$15,427
Sep 201302,575104.113.72$9,573
Aug 201302,337104.253.52$8,232
Jul 201303,954102.523.72$14,700
Jun 201304,25994.403.93$16,752
May 201303,63594.834.15$15,082
Apr 201303,88393.964.28$16,629
Mar 201304,40193.623.91$17,221
Feb 201303,69591.233.42$12,637
Jan 201303,82491.603.42$13,078
Dec 201204,23986.773.42$14,498
Nov 201204,26086.953.62$15,442
Oct 201204,27189.383.40$14,520
Sep 201202,23194.672.92$6,511
Aug 201203,70492.662.91$10,772
Jul 201204,20385.133.02$12,696
Jun 201203,98679.822.52$10,041
May 201204,30391.612.49$10,707
Apr 201204,340101.652.00$8,666
Mar 201205,663105.052.22$12,584
Feb 201203,199101.102.57$8,222
Jan 201204,73998.092.73$12,957
Dec 201103,16996.873.24$10,267
Nov 201104,79695.723.31$15,881
Oct 201103,67084.983.65$13,390
Sep 201103,26083.623.99$12,994
Aug 201104,85683.404.15$20,149
Jul 201104,81494.144.52$21,746
Jun 201104,50592.904.64$20,903
May 201105,49698.134.40$24,209
Apr 201105,799105.964.33$25,129
Mar 201104,68996.364.06$19,025
Feb 201103,71285.644.18$15,516
Jan 201104,04186.504.59$18,543
Dec 201004,74185.734.35$20,613
Nov 201003,64480.843.80$13,830
Oct 201004,81378.103.51$16,888
Sep 201004,36172.633.98$17,354
Aug 201004,53873.684.42$20,055
Jul 201004,67572.554.74$22,143
Jun 201005,20070.364.91$25,534
May 201005,21971.124.24$22,104
Apr 201004,22281.694.12$17,406
Mar 201005,28478.394.39$23,190
Feb 201004,07473.585.44$22,172
Jan 201004,95974.365.96$29,576
Dec 200904,32771.445.48$23,728
Nov 200904,90074.593.75$18,382
Oct 200905,34372.544.11$21,961
Sep 200905,35265.543.06$16,403
Aug 200904,26867.423.22$13,737
Jul 200905,55961.133.46$19,259
Jun 200904,99066.163.90$19,436
May 200905,65154.743.93$22,184
Apr 200915,27346.773.59$18,964
Mar 200915,70042.144.06$23,178
Feb 200915,98032.814.63$27,738
Jan 200937,44735.865.37$40,105
Dec 200802,75137.105.98$16,443
Nov 200803,65555.496.86$25,075
Oct 200805,51675.246.92$38,182
Sep 200805,298101.767.88$41,733
Aug 200805,045114.228.48$42,797
Jul 200805,658131.0811.39$64,441
Jun 200805,934131.3313.03$77,336
May 200805,391123.1711.57$62,397
Apr 200805,301110.3110.45$55,421
Mar 200804,847101.909.66$46,842
Feb 200815,91092.538.77$51,927
Jan 200805,86190.388.21$48,094
Dec 200706,07588.337.30$44,359
Nov 200717,22091.677.29$52,738
Oct 200703,87182.856.92$26,795
Sep 200716,61275.846.24$41,362
Aug 200705,02169.066.39$32,074
Jul 200706,78170.906.39$43,317
Jun 200716,68062.007.55$50,486
May 200707,09058.747.85$55,630
Apr 200717,01359.617.81$54,797
Mar 200707,59156.927.30$55,429
Feb 200707,08255.108.22$58,186
Jan 200708,60050.306.73$57,851
Dec 200606,89956.656.92$47,730
Nov 200616,94154.207.62$52,927
Oct 200618,63654.906.01$51,990
Sep 200607,89060.085.04$39,744
Aug 200609,34768.717.34$68,606
Jul 200628,98469.376.34$57,122
Jun 200619,99466.286.38$63,867
May 200609,53866.016.42$61,282
Apr 2006010,11864.397.36$74,473
Mar 2006011,18956.707.08$79,251
Feb 2006010,27657.597.75$79,651
Jan 2006112,87260.598.93$115,050
Dec 200508,52854.9413.42$114,407
Nov 2005110,39954.6910.59$110,163
Oct 200506,02758.3413.80$83,147
Sep 200539,97161.4512.08$120,624
Aug 200504,65061.519.80$45,555
Jul 200506,65655.697.84$52,207
Jun 200508,88952.337.38$65,610
May 2005110,29145.226.65$68,492
Apr 2005111,59549.207.36$85,394
Mar 2005012,13250.377.15$86,803
Feb 2005010,14045.226.31$64,003
Jan 2005313,13643.166.32$83,178
Dec 2004013,36339.866.75$90,215
Nov 2004213,61645.286.33$86,286
Oct 2004014,49249.706.52$94,417
Sep 2004214,52043.245.28$76,809
Aug 2004116,39742.375.55$91,057
Jul 2004216,77638.286.08$102,145
Jun 2004217,63136.106.43$113,493
May 2004417,92237.486.49$116,546
Apr 2004520,27134.475.86$118,929
Mar 2004121,89834.365.53$121,133
Feb 2004118,11532.455.51$99,839
Jan 20041422,06132.036.30$139,425
Dec 20031122,52930.266.30$142,303
Nov 20031225,63428.804.60$118,138
Oct 20032130,65328.174.76$146,489
Sep 20033431,63126.314.75$151,122
Aug 200315441,23029.765.13$216,081

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                1,366 Mcf  × $  3.05 =     $4,161

────────────────────────────────────────────────────
Month total                                   $4,161

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/196630 is the state's own key, not one this site invented.