REAGAN GAS UNIT

Name: REAGAN GAS UNIT lease production and value, Dec 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 199267District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$5.4 M

Dec 2003 – May 2026

Value, last 12 filed months

$53 k

at the published price for each month

Months reported

270

no gaps in the span

Streams

condensate, gas

The BALD PRAIRIE (CV CONSOLIDATED) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-04-14	155985
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	249 bbl	$8,164
Gas	Production	954,024 Mcf	$5,410,399
Total			$5,418,563

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 31.2413, -96.4549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24126, -96.45494 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

13,150 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 13,150 ft.

Completions filed

Dec 2003

1 of 1 wells

1 well


42-39530831	4	13,150 ft	Dec 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 (270)

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

270 months


May 2026	0	1,020	106.41	3.05	$3,107
Apr 2026	0	1,261	98.93	2.87	$3,619
Mar 2026	0	913	89.75	3.15	$2,875
Feb 2026	0	1,163	63.50	3.75	$4,362
Jan 2026	0	864	59.13	8.00	$6,910
Dec 2025	0	1,432	56.66	4.41	$6,320
Nov 2025	0	938	58.59	3.93	$3,683
Oct 2025	0	1,493	59.38	3.30	$4,934
Sep 2025	0	1,561	62.74	3.08	$4,803
Aug 2025	0	1,322	63.93	3.01	$3,986
Jul 2025	0	1,219	66.74	3.32	$4,041
Jun 2025	0	1,493	66.48	3.13	$4,671
May 2025	0	1,246	60.55	3.23	$4,027
Apr 2025	0	1,387	62.36	3.54	$4,914
Mar 2025	0	1,393	67.70	4.27	$5,946
Feb 2025	0	957	70.88	4.34	$4,154
Jan 2025	0	1,758	74.32	4.28	$7,522
Dec 2024	0	1,581	68.99	3.12	$4,935
Nov 2024	0	1,479	69.05	2.20	$3,251
Oct 2024	0	1,772	71.37	2.28	$4,043
Sep 2024	0	1,588	69.61	2.36	$3,755
Aug 2024	0	993	75.63	2.06	$2,049
Jul 2024	0	1,122	79.93	2.15	$2,408
Jun 2024	0	1,515	78.08	2.63	$3,990
May 2024	0	1,170	78.81	2.20	$2,572
Apr 2024	0	1,914	84.45	1.66	$3,176
Mar 2024	0	1,106	80.30	1.55	$1,709
Feb 2024	0	1,300	76.09	1.78	$2,319
Jan 2024	0	1,097	73.02	3.30	$3,618
Dec 2023	0	1,569	71.26	2.61	$4,096
Nov 2023	0	1,209	77.89	2.81	$3,394
Oct 2023	0	1,111	85.44	3.09	$3,430
Sep 2023	0	1,228	89.04	2.74	$3,359
Aug 2023	0	1,554	80.52	2.67	$4,154
Jul 2023	0	985	74.85	2.64	$2,602
Jun 2023	0	1,052	68.96	2.26	$2,376
May 2023	0	1,041	70.62	2.23	$2,319
Apr 2023	0	1,844	78.12	2.24	$4,126
Mar 2023	0	976	72.85	2.39	$2,336
Feb 2023	0	950	75.11	2.47	$2,342
Jan 2023	0	978	76.53	3.39	$3,313
Dec 2022	0	1,000	76.41	5.73	$5,729
Nov 2022	0	1,004	85.00	5.65	$5,669
Oct 2022	0	1,024	87.18	5.86	$6,004
Sep 2022	0	1,368	84.88	8.16	$11,168
Aug 2022	0	1,969	94.52	9.13	$17,971
Jul 2022	0	1,795	101.58	7.54	$13,538
Jun 2022	0	1,162	115.09	7.98	$9,270
May 2022	0	1,650	109.37	8.43	$13,915
Apr 2022	0	933	104.22	6.84	$6,379
Mar 2022	0	909	108.88	5.08	$4,614
Feb 2022	0	1,188	91.05	4.86	$5,772
Jan 2022	0	2,407	81.84	4.54	$10,922
Dec 2021	0	1,929	71.32	3.90	$7,521
Nov 2021	0	1,901	77.43	5.24	$9,955
Oct 2021	0	2,025	79.79	5.71	$11,571
Sep 2021	0	1,928	69.86	5.35	$10,317
Aug 2021	0	1,956	66.02	4.22	$8,255
Jul 2021	0	2,015	70.78	3.98	$8,024
Jun 2021	0	1,881	69.49	3.38	$6,359
May 2021	0	1,981	63.48	3.02	$5,978
Apr 2021	0	1,457	60.36	2.76	$4,019
Mar 2021	0	957	61.30	2.72	$2,600
Feb 2021	0	836	57.80	5.55	$4,638
Jan 2021	0	1,063	50.41	2.81	$2,987
Dec 2020	0	972	44.64	2.68	$2,601
Nov 2020	0	1,021	38.77	2.71	$2,763
Oct 2020	0	1,099	36.97	2.48	$2,724
Sep 2020	0	1,049	37.09	1.99	$2,089
Aug 2020	0	1,346	39.98	2.39	$3,210
Jul 2020	0	1,107	38.37	1.83	$2,020
Jun 2020	0	932	34.90	1.69	$1,575
May 2020	0	1,540	16.92	1.81	$2,795
Apr 2020	0	1,061	14.75	1.80	$1,914
Mar 2020	0	978	30.34	1.86	$1,815
Feb 2020	0	934	49.88	1.98	$1,850
Jan 2020	0	1,033	57.25	2.09	$2,164
Dec 2019	0	1,080	59.01	2.30	$2,489
Nov 2019	0	1,366	55.30	2.75	$3,757
Oct 2019	0	1,006	53.47	2.42	$2,433
Sep 2019	0	1,064	55.05	2.66	$2,827
Aug 2019	0	1,116	53.11	2.30	$2,572
Jul 2019	0	1,158	56.27	2.46	$2,849
Jun 2019	0	1,163	52.78	2.49	$2,897
May 2019	0	1,436	58.48	2.74	$3,935
Apr 2019	0	1,157	62.63	2.75	$3,183
Mar 2019	0	1,251	56.80	3.06	$3,831
Feb 2019	0	1,338	50.85	2.79	$3,736
Jan 2019	0	1,484	46.03	3.23	$4,791
Dec 2018	0	1,527	46.59	4.19	$6,391
Nov 2018	0	1,726	52.93	4.24	$7,313
Oct 2018	0	1,715	61.44	3.40	$5,828
Sep 2018	0	1,659	59.54	3.11	$5,156
Aug 2018	0	1,886	59.40	3.07	$5,784
Jul 2018	0	1,775	65.14	2.93	$5,204
Jun 2018	0	1,907	60.18	3.08	$5,868
May 2018	0	2,478	65.38	2.90	$7,188
Apr 2018	0	1,545	63.84	2.90	$4,482
Mar 2018	0	1,170	61.22	2.79	$3,261
Feb 2018	0	1,129	61.78	2.77	$3,123
Jan 2018	0	1,123	62.87	4.01	$4,502
Dec 2017	0	1,004	57.27	2.92	$2,933
Nov 2017	0	981	55.42	3.12	$3,059
Oct 2017	0	957	49.29	2.98	$2,855
Sep 2017	0	915	47.52	3.09	$2,825
Aug 2017	0	988	45.37	3.00	$2,968
Jul 2017	0	1,049	43.87	3.09	$3,239
Jun 2017	0	1,211	42.49	3.09	$3,739
May 2017	0	1,019	45.37	3.26	$3,325
Apr 2017	0	998	47.93	3.21	$3,205
Mar 2017	0	1,116	46.77	2.98	$3,330
Feb 2017	0	1,164	50.45	2.95	$3,437
Jan 2017	0	1,851	49.41	3.42	$6,328
Dec 2016	0	901	48.76	3.72	$3,354
Nov 2016	0	938	42.49	2.64	$2,480
Oct 2016	0	848	46.19	3.09	$2,621
Sep 2016	0	839	41.55	3.10	$2,601
Aug 2016	0	917	41.44	2.92	$2,682
Jul 2016	0	914	41.62	2.92	$2,673
Jun 2016	0	877	45.35	2.69	$2,355
May 2016	0	970	42.52	1.99	$1,931
Apr 2016	0	1,005	36.56	1.99	$2,001
Mar 2016	0	1,059	33.01	1.79	$1,900
Feb 2016	0	975	26.47	2.06	$2,012
Jan 2016	0	1,055	27.35	2.36	$2,494
Dec 2015	0	1,057	32.36	2.00	$2,115
Nov 2015	0	1,131	38.79	2.17	$2,451
Oct 2015	0	1,323	43.55	2.43	$3,210
Sep 2015	0	1,289	42.99	2.76	$3,556
Aug 2015	0	1,826	40.16	2.87	$5,245
Jul 2015	0	1,352	48.15	2.95	$3,982
Jun 2015	0	1,338	56.15	2.88	$3,857
May 2015	0	1,404	55.21	2.96	$4,149
Apr 2015	0	1,380	49.82	2.71	$3,735
Mar 2015	0	1,523	42.89	2.93	$4,470
Feb 2015	0	1,660	44.66	2.98	$4,940
Jan 2015	0	1,412	43.43	3.10	$4,378
Dec 2014	0	1,462	54.69	3.59	$5,251
Nov 2014	0	1,544	70.46	4.25	$6,565
Oct 2014	0	2,477	78.30	3.90	$9,663
Sep 2014	0	1,243	86.16	4.05	$5,028
Aug 2014	0	1,360	89.39	4.04	$5,488
Jul 2014	0	1,395	96.56	4.18	$5,831
Jun 2014	0	1,397	98.16	4.74	$6,617
May 2014	0	1,452	94.73	4.73	$6,863
Apr 2014	0	1,500	95.94	4.81	$7,214
Mar 2014	0	1,349	95.89	5.06	$6,822
Feb 2014	0	1,146	97.40	6.19	$7,096
Jan 2014	0	1,397	90.40	4.86	$6,790
Dec 2013	0	1,409	91.82	4.35	$6,135
Nov 2013	0	1,410	88.85	3.74	$5,271
Oct 2013	0	1,447	97.42	3.78	$5,469
Sep 2013	0	1,479	104.11	3.72	$5,499
Aug 2013	0	1,634	104.25	3.52	$5,756
Jul 2013	0	1,526	102.52	3.72	$5,673
Jun 2013	0	1,358	94.40	3.93	$5,342
May 2013	0	1,648	94.83	4.15	$6,838
Apr 2013	0	1,731	93.96	4.28	$7,413
Mar 2013	0	1,847	93.62	3.91	$7,227
Feb 2013	0	1,712	91.23	3.42	$5,855
Jan 2013	0	2,193	91.60	3.42	$7,500
Dec 2012	0	2,006	86.77	3.42	$6,861
Nov 2012	0	2,301	86.95	3.62	$8,341
Oct 2012	0	2,426	89.38	3.40	$8,248
Sep 2012	0	2,477	94.67	2.92	$7,229
Aug 2012	0	1,722	92.66	2.91	$5,008
Jul 2012	0	1,145	85.13	3.02	$3,459
Jun 2012	0	914	79.82	2.52	$2,302
May 2012	0	1,152	91.61	2.49	$2,867
Apr 2012	0	1,782	101.65	2.00	$3,558
Mar 2012	0	2,679	105.05	2.22	$5,953
Feb 2012	0	2,632	101.10	2.57	$6,765
Jan 2012	0	2,918	98.09	2.73	$7,978
Dec 2011	0	2,976	96.87	3.24	$9,641
Nov 2011	0	3,144	95.72	3.31	$10,411
Oct 2011	0	3,507	84.98	3.65	$12,795
Sep 2011	0	3,240	83.62	3.99	$12,914
Aug 2011	0	3,540	83.40	4.15	$14,689
Jul 2011	0	3,630	94.14	4.52	$16,398
Jun 2011	0	3,551	92.90	4.64	$16,476
May 2011	0	3,729	98.13	4.40	$16,426
Apr 2011	0	3,744	105.96	4.33	$16,224
Mar 2011	0	3,814	96.36	4.06	$15,475
Feb 2011	0	3,689	85.64	4.18	$15,420
Jan 2011	0	3,995	86.50	4.59	$18,332
Dec 2010	0	3,359	85.73	4.35	$14,604
Nov 2010	0	2,752	80.84	3.80	$10,445
Oct 2010	0	3,165	78.10	3.51	$11,106
Sep 2010	0	3,171	72.63	3.98	$12,619
Aug 2010	0	3,497	73.68	4.42	$15,455
Jul 2010	0	2,851	72.55	4.74	$13,504
Jun 2010	0	3,206	70.36	4.91	$15,743
May 2010	0	3,393	71.12	4.24	$14,370
Apr 2010	0	3,295	81.69	4.12	$13,584
Mar 2010	0	3,375	78.39	4.39	$14,812
Feb 2010	0	2,965	73.58	5.44	$16,137
Jan 2010	0	3,642	74.36	5.96	$21,721
Dec 2009	0	3,566	71.44	5.48	$19,555
Nov 2009	0	3,677	74.59	3.75	$13,794
Oct 2009	0	3,691	72.54	4.11	$15,171
Sep 2009	0	3,348	65.54	3.06	$10,261
Aug 2009	0	3,744	67.42	3.22	$12,050
Jul 2009	0	3,569	61.13	3.46	$12,365
Jun 2009	0	3,340	66.16	3.90	$13,009
May 2009	0	3,364	54.74	3.93	$13,206
Apr 2009	1	3,812	46.77	3.59	$13,722
Mar 2009	2	3,035	42.14	4.06	$12,403
Feb 2009	0	3,643	32.81	4.63	$16,878
Jan 2009	2	3,572	35.86	5.37	$19,257
Dec 2008	0	3,623	37.10	5.98	$21,655
Nov 2008	0	2,852	55.49	6.86	$19,566
Oct 2008	0	3,592	75.24	6.92	$24,864
Sep 2008	0	3,178	101.76	7.88	$25,033
Aug 2008	0	3,735	114.22	8.48	$31,684
Jul 2008	0	3,602	131.08	11.39	$41,025
Jun 2008	0	3,017	131.33	13.03	$39,319
May 2008	0	3,544	123.17	11.57	$41,019
Apr 2008	0	2,907	110.31	10.45	$30,392
Mar 2008	0	3,743	101.90	9.66	$36,173
Feb 2008	0	3,572	92.53	8.77	$31,329
Jan 2008	0	3,375	90.38	8.21	$27,694
Dec 2007	0	3,757	88.33	7.30	$27,434
Nov 2007	0	4,136	91.67	7.29	$30,158
Oct 2007	0	4,253	82.85	6.92	$29,439
Sep 2007	0	3,620	75.84	6.24	$22,604
Aug 2007	0	3,922	69.06	6.39	$25,054
Jul 2007	0	4,960	70.90	6.39	$31,684
Jun 2007	0	4,024	62.00	7.55	$30,375
May 2007	0	4,175	58.74	7.85	$32,758
Apr 2007	1	6,057	59.61	7.81	$47,336
Mar 2007	0	5,787	56.92	7.30	$42,257
Feb 2007	0	6,211	55.10	8.22	$51,030
Jan 2007	0	7,308	50.30	6.73	$49,160
Dec 2006	0	5,270	56.65	6.92	$36,460
Nov 2006	0	5,646	54.20	7.62	$43,008
Oct 2006	0	7,324	54.90	6.01	$44,045
Sep 2006	0	7,266	60.08	5.04	$36,600
Aug 2006	0	10,556	68.71	7.34	$77,480
Jul 2006	1	10,564	69.37	6.34	$67,074
Jun 2006	0	10,691	66.28	6.38	$68,250
May 2006	0	11,344	66.01	6.42	$72,885
Apr 2006	0	9,392	64.39	7.36	$69,130
Mar 2006	0	11,574	56.70	7.08	$81,978
Feb 2006	0	13,938	57.59	7.75	$108,035
Jan 2006	1	5,747	60.59	8.93	$51,400
Dec 2005	0	5,238	54.94	13.42	$70,270
Nov 2005	1	5,209	54.69	10.59	$55,210
Oct 2005	0	6,258	58.34	13.80	$86,334
Sep 2005	1	5,873	61.45	12.08	$71,001
Aug 2005	1	5,774	61.51	9.80	$56,628
Jul 2005	0	5,689	55.69	7.84	$44,622
Jun 2005	1	6,154	52.33	7.38	$45,475
May 2005	0	7,132	45.22	6.65	$47,436
Apr 2005	1	9,109	49.20	7.36	$67,096
Mar 2005	1	8,880	50.37	7.15	$63,586
Feb 2005	0	8,233	45.22	6.31	$51,966
Jan 2005	2	9,883	43.16	6.32	$62,569
Dec 2004	0	11,271	39.86	6.75	$76,091
Nov 2004	0	11,557	45.28	6.33	$73,161
Oct 2004	0	12,113	49.70	6.52	$78,917
Sep 2004	4	11,290	43.24	5.28	$59,828
Aug 2004	6	14,180	42.37	5.55	$78,963
Jul 2004	1	17,120	38.28	6.08	$104,199
Jun 2004	2	19,633	36.10	6.43	$126,372
May 2004	4	26,352	37.48	6.49	$171,295
Apr 2004	6	33,735	34.47	5.86	$197,842
Mar 2004	0	40,231	34.36	5.53	$222,483
Feb 2004	6	37,103	32.45	5.51	$204,618
Jan 2004	53	49,996	32.03	6.30	$316,654
Dec 2003	151	15,419	30.26	6.30	$101,734

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                1,020 Mcf  × $  3.05 =     $3,107

────────────────────────────────────────────────────
Month total                                   $3,107

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/199267 is the state's own key, not one this site invented.