BONNER, J.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 203537District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Jun 2004 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
264
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112004-11-30159786
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
CondensateDisposition3,058 bbl$165,776
GasProduction1,926,851 Mcf$11,034,163
Total$11,199,940

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 31.6350, -96.1890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63505, -96.18900 · 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
12,150 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 12,150 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-16132744612,150 ftJun 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 (264)

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

264 months

May 20260874106.413.05$2,662
Apr 202601,20398.932.87$3,452
Mar 202601,58289.753.15$4,982
Feb 202601,18163.503.75$4,429
Jan 202601,13859.138.00$9,102
Dec 202501,29956.664.41$5,733
Nov 2025075358.593.93$2,957
Oct 202501,47459.383.30$4,871
Sep 2025058662.743.08$1,803
Aug 2025099563.933.01$3,000
Jul 2025070166.743.32$2,324
Jun 202501,10166.483.13$3,445
May 202501,45860.553.23$4,713
Apr 2025096962.363.54$3,433
Mar 202501,28267.704.27$5,472
Feb 202503,33570.884.34$14,477
Jan 202502,98674.324.28$12,776
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024050478.082.63$1,328
May 2024041778.812.20$917
Apr 202402,24684.451.66$3,727
Mar 202402,18580.301.55$3,376
Feb 202402,24076.091.78$3,995
Jan 202403,06973.023.30$10,121
Dec 202303,27871.262.61$8,558
Nov 202303,40177.892.81$9,549
Oct 202303,95585.443.09$12,210
Sep 202303,26089.042.74$8,916
Aug 2023083780.522.67$2,237
Jul 2023036374.852.64$959
Jun 2023017868.962.26$402
May 2023041070.622.23$913
Apr 202301,20678.122.24$2,699
Mar 202301,59372.852.39$3,812
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202201,22585.005.65$6,917
Oct 202201,82087.185.86$10,672
Sep 202201,48884.888.16$12,148
Aug 202201,74494.529.13$15,918
Jul 202201,582101.587.54$11,932
Jun 202202,938115.097.98$23,437
May 20220744109.378.43$6,274
Apr 202201,866104.226.84$12,759
Mar 20220368108.885.08$1,868
Feb 2022035291.054.86$1,710
Jan 202201,19881.844.54$5,436
Dec 202101,05971.323.90$4,129
Nov 202101,80577.435.24$9,453
Oct 202101,38479.795.71$7,908
Sep 202102,08069.865.35$11,130
Aug 20210966.024.22$38
Jul 202101,66770.783.98$6,638
Jun 202102,65569.493.38$8,976
May 202101,95163.483.02$5,887
Apr 202102,52560.362.76$6,965
Mar 202102,80861.302.72$7,629
Feb 202102,72157.805.55$15,096
Jan 2021074450.412.81$2,091
Dec 202002,67244.642.68$7,149
Nov 202002,42338.772.71$6,558
Oct 202002,67136.972.48$6,620
Sep 202002,76337.091.99$5,501
Aug 202001,30739.982.39$3,117
Jul 202002,69838.371.83$4,924
Jun 202001,99834.901.69$3,377
May 202003,27816.921.81$5,949
Apr 202003,16814.751.80$5,716
Mar 202002,97530.341.86$5,522
Feb 202003,13949.881.98$6,217
Jan 202002,69157.252.09$5,637
Dec 201903,32359.012.30$7,657
Nov 201903,21855.302.75$8,852
Oct 201903,57053.472.42$8,634
Sep 201903,69655.052.66$9,821
Aug 201902,69453.112.30$6,208
Jul 201904,32656.272.46$10,642
Jun 201903,35552.782.49$8,358
May 201901,33158.482.74$3,647
Apr 201903,46262.632.75$9,523
Mar 2019059756.803.06$1,828
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018071052.934.24$3,008
Oct 201803,69461.443.40$12,553
Sep 201802,71459.543.11$8,435
Aug 201802,90659.403.07$8,911
Jul 2018099565.142.93$2,917
Jun 201801,21560.183.08$3,738
May 2018083465.382.90$2,419
Apr 2018090263.842.90$2,617
Mar 201802,66961.222.79$7,438
Feb 201802,69461.782.77$7,452
Jan 201802,94562.874.01$11,807
Dec 201701,53957.272.92$4,496
Nov 2017077855.423.12$2,426
Oct 201702,11449.292.98$6,308
Sep 201702,35947.523.09$7,283
Aug 201703,04145.373.00$9,136
Jul 201704,51943.873.09$13,951
Jun 201704,89742.493.09$15,118
May 201705,28945.373.26$17,260
Apr 201705,13747.933.21$16,498
Mar 201705,66446.772.98$16,900
Feb 201705,04850.452.95$14,905
Jan 201705,04749.413.42$17,255
Dec 201605,71048.763.72$21,257
Nov 201604,38242.492.64$11,588
Oct 201606,66346.193.09$20,590
Sep 201604,54041.553.10$14,077
Aug 201601,91441.442.92$5,597
Jul 201601,88341.622.92$5,507
Jun 201601,96245.352.69$5,270
May 201604,77542.521.99$9,507
Apr 201604,90736.561.99$9,770
Mar 201604,88433.011.79$8,762
Feb 201604,92526.472.06$10,163
Jan 201605,09027.352.36$12,035
Dec 201505,46632.362.00$10,940
Nov 201505,20738.792.17$11,285
Oct 201505,39043.552.43$13,079
Sep 201505,27242.992.76$14,542
Aug 201505,02440.162.87$14,431
Jul 201505,86448.152.95$17,270
Jun 201506,16756.152.88$17,779
May 201506,01055.212.96$17,762
Apr 201504,29249.822.71$11,617
Mar 201506,22542.892.93$18,269
Feb 201503,50544.662.98$10,432
Jan 201502,47243.433.10$7,665
Dec 201406,20154.693.59$22,270
Nov 201404,60370.464.25$19,571
Oct 201405,85178.303.90$22,825
Sep 201405,78186.164.05$23,387
Aug 201405,72689.394.04$23,105
Jul 201406,51496.564.18$27,226
Jun 201405,54998.164.74$26,285
May 201405,16394.734.73$24,403
Apr 201406,07595.944.81$29,215
Mar 201406,66295.895.06$33,688
Feb 201405,90197.406.19$36,539
Jan 201407,19890.404.86$34,987
Dec 201308,05191.824.35$35,058
Nov 201304,90288.853.74$18,325
Oct 201303,77297.423.78$14,256
Sep 201306,576104.113.72$24,448
Aug 201306,507104.253.52$22,922
Jul 201306,739102.523.72$25,054
Jun 201306,34294.403.93$24,946
May 201306,49994.834.15$26,965
Apr 201306,39893.964.28$27,400
Mar 201306,79993.623.91$26,604
Feb 201306,32791.233.42$21,638
Jan 201307,22491.603.42$24,705
Dec 201207,05086.773.42$24,112
Nov 201206,91686.953.62$25,070
Oct 201207,25789.383.40$24,671
Sep 201207,27994.672.92$21,243
Aug 201207,89092.662.91$22,945
Jul 201206,77185.133.02$20,454
Jun 201207,08479.822.52$17,845
May 201207,43891.612.49$18,508
Apr 201207,266101.652.00$14,509
Mar 201217,643105.052.22$17,088
Feb 201227,823101.102.57$20,309
Jan 201207,62298.092.73$20,839
Dec 201107,38696.873.24$23,929
Nov 201107,31895.723.31$24,232
Oct 201106,95584.983.65$25,376
Sep 201108,23683.623.99$32,827
Aug 201108,17383.404.15$33,912
Jul 201105,00394.144.52$22,600
Jun 201107,81092.904.64$36,237
May 201107,57198.134.40$33,349
Apr 201107,289105.964.33$31,585
Mar 201108,25596.364.06$33,493
Feb 201108,40085.644.18$35,112
Jan 201106,17486.504.59$28,331
Dec 201007,84985.734.35$34,125
Nov 201057,75680.843.80$29,841
Oct 201008,60278.103.51$30,183
Sep 201008,46272.633.98$33,674
Aug 201009,23973.684.42$40,830
Jul 201009,95272.554.74$47,138
Jun 201006,48470.364.91$31,839
May 201009,09171.124.24$38,502
Apr 201059,06781.694.12$37,789
Mar 201009,30778.394.39$40,845
Feb 201008,61573.585.44$46,886
Jan 201059,00874.365.96$54,096
Dec 200959,59271.445.48$52,957
Nov 200909,67174.593.75$36,281
Oct 2009010,24572.544.11$42,110
Sep 200909,38565.543.06$28,763
Aug 2009510,37067.423.22$33,713
Jul 200949,22161.133.46$32,191
Jun 200957,58766.163.90$29,882
May 200957,77354.743.93$30,789
Apr 200958,84746.773.59$31,972
Mar 2009108,70942.144.06$35,771
Feb 2009398,99932.814.63$42,972
Jan 2009189,15435.865.37$49,812
Dec 20083910,80237.105.98$66,012
Nov 200808,98955.496.86$61,668
Oct 20086610,04775.246.92$74,511
Sep 2008010,494101.767.88$82,662
Aug 20083424,320114.228.48$210,191
Jul 2008013,940131.0811.39$158,769
Jun 2008179,285131.3313.03$123,241
May 2008011,346123.1711.57$131,322
Apr 2008208,132110.3110.45$87,225
Mar 2008011,661101.909.66$112,693
Feb 20086010,85692.538.77$100,765
Jan 2008012,01990.388.21$98,625
Dec 2007013,02388.337.30$95,094
Nov 20073711,08491.677.29$84,213
Oct 2007010,12482.856.92$70,078
Sep 2007011,19075.846.24$69,872
Aug 2007711,95369.066.39$76,838
Jul 2007711,07770.906.39$71,256
Jun 2007010,93462.007.55$82,535
May 2007713,58858.747.85$107,026
Apr 2007712,95859.617.81$101,557
Mar 200706,98356.927.30$50,990
Feb 2007811,07255.108.22$91,408
Jan 20071511,94750.306.73$81,120
Dec 2006011,44756.656.92$79,195
Nov 2006812,51954.207.62$95,797
Oct 20061013,64354.906.01$82,595
Sep 20061215,25760.085.04$77,574
Aug 20061512,57268.717.34$93,308
Jul 20062016,21769.376.34$104,248
Jun 20062212,52766.286.38$81,429
May 20062213,24766.016.42$86,564
Apr 20062377264.397.36$7,163
Mar 20064316,29156.707.08$117,826
Feb 20062215,29357.597.75$119,805
Jan 200611419,48660.598.93$180,982
Dec 200525118,88954.9413.42$267,193
Nov 200517722,05354.6910.59$243,186
Oct 2005025,61758.3413.80$353,406
Sep 200517022,94161.4512.08$287,551
Aug 200514418,76961.519.80$192,734
Jul 200512419,73955.697.84$161,731
Jun 200516617,59652.337.38$138,564
May 200516421,10645.226.65$147,795
Apr 200515217,88149.207.36$139,091
Mar 20055822,99050.377.15$167,412
Feb 200513121,94245.226.31$144,420
Jan 20057925,29343.166.32$163,317
Dec 200416931,05939.866.75$216,418
Nov 20049135,33845.286.33$227,825
Oct 2004047,04149.706.52$306,477
Sep 200410254,67943.245.28$293,329
Aug 200422084,36242.375.55$477,586
Jul 2004111109,74038.286.08$671,927
Jun 200405,38136.106.43$34,616

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                  874 Mcf  × $  3.05 =     $2,662

────────────────────────────────────────────────────
Month total                                   $2,662

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/203537 is the state's own key, not one this site invented.