REAGAN HEIRS

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 200862District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Feb 2004 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
268
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 Gas112004-06-30156790
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
CondensateDisposition376 bbl$18,825
GasProduction1,787,307 Mcf$10,803,523
Total$10,822,348

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 31.2405, -96.4475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24054, -96.44752 · 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
13,015 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 13,015 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-39530838313,015 ftFeb 2004

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 (268)

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

268 months

May 20260410106.413.05$1,249
Apr 2026045798.932.87$1,311
Mar 2026037889.753.15$1,190
Feb 2026035263.503.75$1,320
Jan 2026038259.138.00$3,055
Dec 2025044156.664.41$1,946
Nov 2025032958.593.93$1,292
Oct 2025046659.383.30$1,540
Sep 2025045162.743.08$1,388
Aug 2025039963.933.01$1,203
Jul 2025041866.743.32$1,386
Jun 2025040666.483.13$1,270
May 2025036660.553.23$1,183
Apr 2025032462.363.54$1,148
Mar 2025240067.704.27$1,843
Feb 2025036770.884.34$1,593
Jan 2025049374.324.28$2,109
Dec 2024040868.993.12$1,274
Nov 2024040269.052.20$884
Oct 2024039171.372.28$892
Sep 2024023769.612.36$560
Aug 2024050875.632.06$1,048
Jul 202401,08879.932.15$2,335
Jun 202402,13778.082.63$5,629
May 202407,68578.812.20$16,895
Apr 202402,89884.451.66$4,808
Mar 202402,09080.301.55$3,229
Feb 202405,89976.091.78$10,522
Jan 202402,96873.023.30$9,787
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202302,03770.622.23$4,537
Apr 202301,70278.122.24$3,809
Mar 202301,40972.852.39$3,372
Feb 202301,04575.112.47$2,577
Jan 202301,29276.533.39$4,377
Dec 2022052676.415.73$3,014
Nov 202201,85785.005.65$10,485
Oct 2022036987.185.86$2,164
Sep 202203,68884.888.16$30,108
Aug 202202,34794.529.13$21,421
Jul 202201,522101.587.54$11,479
Jun 202201,038115.097.98$8,280
May 202201,904109.378.43$16,057
Apr 202202,091104.226.84$14,297
Mar 202201,702108.885.08$8,640
Feb 202202,14391.054.86$10,412
Jan 202201,77181.844.54$8,036
Dec 202102,15171.323.90$8,387
Nov 202102,40477.435.24$12,589
Oct 202101,87379.795.71$10,702
Sep 202102,05369.865.35$10,985
Aug 202102,48766.024.22$10,497
Jul 202103,29870.783.98$13,133
Jun 202104,01169.493.38$13,560
May 202101,62763.483.02$4,910
Apr 202101,60860.362.76$4,436
Mar 202103,30961.302.72$8,990
Feb 2021037657.805.55$2,086
Jan 202103,45950.412.81$9,721
Dec 202003,51644.642.68$9,407
Nov 202003,46538.772.71$9,378
Oct 202003,73436.972.48$9,254
Sep 202003,81537.091.99$7,596
Aug 202003,71039.982.39$8,849
Jul 202003,77138.371.83$6,883
Jun 202003,26534.901.69$5,519
May 202003,45316.921.81$6,266
Apr 202003,57314.751.80$6,447
Mar 202003,43530.341.86$6,376
Feb 202003,43749.881.98$6,808
Jan 202004,37257.252.09$9,158
Dec 201905,53259.012.30$12,748
Nov 201902,39555.302.75$6,588
Oct 2019034953.472.42$844
Sep 2019059955.052.66$1,592
Aug 2019083353.112.30$1,920
Jul 2019045956.272.46$1,129
Jun 2019086152.782.49$2,145
May 201901,45558.482.74$3,987
Apr 2019055662.632.75$1,529
Mar 201902,30356.803.06$7,052
Feb 201903,47550.852.79$9,703
Jan 201906,12446.033.23$19,769
Dec 2018010,05746.594.19$42,093
Nov 201806,58752.934.24$27,911
Oct 201807,56261.443.40$25,696
Sep 201804,42759.543.11$13,759
Aug 201802,65259.403.07$8,133
Jul 201802,78365.142.93$8,159
Jun 201802,21560.183.08$6,815
May 201802,47765.382.90$7,185
Apr 201801,98563.842.90$5,758
Mar 201802,01061.222.79$5,602
Feb 201802,08661.782.77$5,770
Jan 201801,68162.874.01$6,740
Dec 201701,43557.272.92$4,192
Nov 201701,25355.423.12$3,907
Oct 201701,12149.292.98$3,345
Sep 2017060647.523.09$1,871
Aug 2017092145.373.00$2,767
Jul 2017068543.873.09$2,115
Jun 2017063542.493.09$1,960
May 2017078845.373.26$2,572
Apr 2017068247.933.21$2,190
Mar 201701,08946.772.98$3,249
Feb 201701,16450.452.95$3,437
Jan 201701,48249.413.42$5,067
Dec 201601,28348.763.72$4,776
Nov 201601,71042.492.64$4,522
Oct 201602,08546.193.09$6,443
Sep 201601,56841.553.10$4,862
Aug 201601,36641.442.92$3,995
Jul 201601,60241.622.92$4,685
Jun 201605,09145.352.69$13,674
May 201601,97542.521.99$3,932
Apr 2016078336.561.99$1,559
Mar 201602,27933.011.79$4,089
Feb 201602,30426.472.06$4,755
Jan 201603,06327.352.36$7,242
Dec 201502,10132.362.00$4,205
Nov 201502,86438.792.17$6,207
Oct 201503,19443.552.43$7,751
Sep 201522,49142.992.76$6,957
Aug 201501,96940.162.87$5,656
Jul 201501,59948.152.95$4,709
Jun 201501,58556.152.88$4,569
May 201503,20455.212.96$9,469
Apr 201503,49849.822.71$9,468
Mar 201503,59042.892.93$10,536
Feb 201503,02444.662.98$9,000
Jan 201503,41843.433.10$10,598
Dec 201403,41354.693.59$12,257
Nov 201403,38070.464.25$14,371
Oct 201403,07478.303.90$11,992
Sep 201403,26186.164.05$13,192
Aug 201403,56489.394.04$14,381
Jul 201403,23396.564.18$13,513
Jun 201403,49998.164.74$16,574
May 201402,81494.734.73$13,301
Apr 201403,37095.944.81$16,207
Mar 201403,00595.895.06$15,196
Feb 201403,33897.406.19$20,669
Jan 201403,91990.404.86$19,049
Dec 201304,26391.824.35$18,563
Nov 201302,63188.853.74$9,835
Oct 201302,06997.423.78$7,820
Sep 201301,433104.113.72$5,328
Aug 201301,389104.253.52$4,893
Jul 201301,689102.523.72$6,279
Jun 201302,54294.403.93$9,999
May 201302,28894.834.15$9,493
Apr 201301,61993.964.28$6,934
Mar 201302,85593.623.91$11,171
Feb 201302,87391.233.42$9,825
Jan 201301,93091.603.42$6,600
Dec 201204,54386.773.42$15,538
Nov 201204,95486.953.62$17,958
Oct 201203,24089.383.40$11,015
Sep 201202,02594.672.92$5,910
Aug 201201,74192.662.91$5,063
Jul 201201,44785.133.02$4,371
Jun 201203,22479.822.52$8,121
May 201206,39291.612.49$15,905
Apr 201206,347101.652.00$12,674
Mar 201206,594105.052.22$14,652
Feb 201206,063101.102.57$15,583
Jan 201206,45998.092.73$17,659
Dec 201107,00996.873.24$22,707
Nov 201106,92495.723.31$22,927
Oct 201107,03784.983.65$25,675
Sep 201106,92583.623.99$27,602
Aug 201106,62383.404.15$27,481
Jul 201106,66494.144.52$30,103
Jun 201107,07792.904.64$32,836
May 201107,39098.134.40$32,552
Apr 201117,273105.964.33$31,622
Mar 201106,47296.364.06$26,259
Feb 201106,10185.644.18$25,502
Jan 201107,09886.504.59$32,571
Dec 201007,28685.734.35$31,678
Nov 201007,29280.843.80$27,676
Oct 201007,36078.103.51$25,825
Sep 201007,74172.633.98$30,805
Aug 201007,97073.684.42$35,222
Jul 201007,76972.554.74$36,798
Jun 201007,76870.364.91$38,144
May 201007,92571.124.24$33,564
Apr 201007,44081.694.12$30,673
Mar 201006,82478.394.39$29,948
Feb 201006,58973.585.44$35,860
Jan 201004,92274.365.96$29,355
Dec 200904,81871.445.48$26,421
Nov 200902,94374.593.75$11,041
Oct 200902,32272.544.11$9,544
Sep 200901,49265.543.06$4,573
Aug 200902,57467.423.22$8,284
Jul 200902,81061.133.46$9,735
Jun 200926,24766.163.90$24,464
May 200906,64554.743.93$26,087
Apr 200936,92346.773.59$24,977
Mar 200935,08842.144.06$20,779
Feb 200923,29532.814.63$15,331
Jan 200952,72035.865.37$14,788
Dec 200804,98937.105.98$29,820
Nov 200818,39755.496.86$57,662
Oct 200828,99475.246.92$62,407
Sep 200818,786101.767.88$69,310
Aug 200809,134114.228.48$77,484
Jul 200819,398131.0811.39$107,169
Jun 200819,524131.3313.03$124,254
May 200809,124123.1711.57$105,604
Apr 200848,638110.3110.45$90,750
Mar 200889,483101.909.66$92,460
Feb 200856,96392.538.77$61,532
Jan 200839,59090.388.21$78,964
Dec 2007210,42388.337.30$76,285
Nov 2007410,58691.677.29$77,557
Oct 2007013,54282.856.92$93,737
Sep 2007613,89675.846.24$87,224
Aug 2007714,34069.066.39$92,086
Jul 2007012,50070.906.39$79,849
Jun 2007716,09662.007.55$121,934
May 2007014,96658.747.85$117,427
Apr 2007511,83459.617.81$92,665
Mar 2007015,86956.927.30$115,875
Feb 2007312,58555.108.22$103,564
Jan 2007213,28650.306.73$89,474
Dec 2006011,68556.656.92$80,842
Nov 2006214,13254.207.62$107,759
Oct 2006715,15254.906.01$91,505
Sep 200605,24460.085.04$26,415
Aug 2006010,42668.717.34$76,526
Jul 20061315,88669.376.34$101,663
Jun 2006816,60166.286.38$106,509
May 2006017,17366.016.42$110,337
Apr 2006116,17364.397.36$119,105
Mar 2006017,82256.707.08$126,232
Feb 2006115,89757.597.75$123,277
Jan 2006318,14860.598.93$162,304
Dec 2005220,49954.9413.42$275,112
Nov 2005415,44054.6910.59$163,704
Oct 2005022,24758.3413.80$306,914
Sep 20051322,69461.4512.08$274,920
Aug 2005823,24361.519.80$228,200
Jul 2005226,09955.697.84$204,823
Jun 2005826,90852.337.38$199,028
May 2005929,34945.226.65$195,612
Apr 20051331,85849.207.36$235,130
Mar 2005522,36950.377.15$160,299
Feb 2005321,92745.226.31$138,537
Jan 20051724,89943.166.32$158,150
Dec 2004329,56239.866.75$199,695
Nov 2004930,60345.286.33$194,137
Oct 2004032,00849.706.52$208,535
Sep 2004733,47943.245.28$177,202
Aug 2004643,10442.375.55$239,510
Jul 2004647,44938.286.08$288,918
Jun 20041447,09636.106.43$303,475
May 20042857,16237.486.49$372,293
Apr 20044462,73434.475.86$369,041
Mar 2004061,13134.365.53$338,063
Feb 2004585,16432.455.51$30,334

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                  410 Mcf  × $  3.05 =     $1,249

────────────────────────────────────────────────────
Month total                                   $1,249

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/200862 is the state's own key, not one this site invented.