SADLER, CARL 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 203912District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Jun 2004 – May 2026
Value, last 12 filed months
$110 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 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 Gas112006-05-10168445
NGPA2none

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
CondensateDisposition194 bbl$11,585
GasProduction1,969,443 Mcf$10,033,059
Total$10,044,644

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 31.3743, -96.3493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37428, -96.34926 · 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
13,700 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 13,700 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-29331547213,700 ftAug 2007

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 20260837106.413.05$2,549
Apr 202601,21398.932.87$3,481
Mar 202601,10589.753.15$3,480
Feb 2026098563.503.75$3,694
Jan 202601,55759.138.00$12,453
Dec 202503,72356.664.41$16,431
Nov 202503,31858.593.93$13,028
Oct 202503,05959.383.30$10,110
Sep 202503,56862.743.08$10,978
Aug 202503,54163.933.01$10,675
Jul 202503,78566.743.32$12,548
Jun 202503,26866.483.13$10,225
May 202503,55260.553.23$11,481
Apr 202502,88462.363.54$10,218
Mar 202594,71467.704.27$20,730
Feb 202503,24370.884.34$14,077
Jan 202503,04974.324.28$13,046
Dec 202403,37768.993.12$10,541
Nov 202403,65669.052.20$8,038
Oct 202403,52971.372.28$8,051
Sep 202403,64069.612.36$8,606
Aug 202404,56275.632.06$9,414
Jul 202404,00579.932.15$8,597
Jun 202404,44678.082.63$11,711
May 202404,23878.812.20$9,317
Apr 202403,39584.451.66$5,633
Mar 202402,56580.301.55$3,963
Feb 202403,97076.091.78$7,081
Jan 202404,02573.023.30$13,273
Dec 202302,92771.262.61$7,642
Nov 202303,42077.892.81$9,602
Oct 202302,46985.443.09$7,622
Sep 202301,86389.042.74$5,095
Aug 202302,16080.522.67$5,773
Jul 202302,17874.852.64$5,754
Jun 202304,30268.962.26$9,716
May 202303,55370.622.23$7,914
Apr 202303,24478.122.24$7,259
Mar 202302,68172.852.39$6,416
Feb 202301,28175.112.47$3,159
Jan 202303,91276.533.39$13,253
Dec 202201,98876.415.73$11,389
Nov 202202,93485.005.65$16,566
Oct 202204,36887.185.86$25,613
Sep 202203,40084.888.16$27,757
Aug 202202,76194.529.13$25,200
Jul 202203,907101.587.54$29,467
Jun 202204,399115.097.98$35,092
May 202203,890109.378.43$32,805
Apr 202206,033104.226.84$41,251
Mar 202205,422108.885.08$27,524
Feb 202204,36891.054.86$21,223
Jan 202205,64481.844.54$25,611
Dec 202102,86271.323.90$11,159
Nov 202101,94477.435.24$10,180
Oct 202104,78179.795.71$27,318
Sep 202104,18369.865.35$22,383
Aug 202104,43166.024.22$18,701
Jul 202105,31170.783.98$21,149
Jun 202105,39569.493.38$18,238
May 202106,05863.483.02$18,281
Apr 202106,08160.362.76$16,774
Mar 202106,32161.302.72$17,174
Feb 202104,62557.805.55$25,659
Jan 202105,36350.412.81$15,071
Dec 202003,91044.642.68$10,461
Nov 202002,13438.772.71$5,776
Oct 202001,59036.972.48$3,941
Sep 202003,62137.091.99$7,210
Aug 202005,67139.982.39$13,526
Jul 202005,56738.371.83$10,160
Jun 202005,05934.901.69$8,551
May 202009,38416.921.81$17,030
Apr 202003,43314.751.80$6,194
Mar 202004,24830.341.86$7,885
Feb 202004,67049.881.98$9,250
Jan 202005,21457.252.09$10,922
Dec 201905,11259.012.30$11,780
Nov 201904,45855.302.75$12,263
Oct 201905,46453.472.42$13,215
Sep 201905,28255.052.66$14,036
Aug 201904,12553.112.30$9,505
Jul 201904,82856.272.46$11,877
Jun 201904,75252.782.49$11,838
May 201904,64658.482.74$12,732
Apr 201902,92462.632.75$8,043
Mar 201904,67656.803.06$14,318
Feb 201903,31650.852.79$9,259
Jan 201902,82646.033.23$9,123
Dec 201805,45046.594.19$22,811
Nov 201803,59952.934.24$15,250
Oct 201803,03661.443.40$10,317
Sep 201805,43359.543.11$16,886
Aug 201805,46359.403.07$16,753
Jul 201805,95465.142.93$17,456
Jun 201805,64160.183.08$17,357
May 201805,72765.382.90$16,613
Apr 201805,55363.842.90$16,108
Mar 201805,12061.222.79$14,269
Feb 201805,29661.782.77$14,649
Jan 201805,22562.874.01$20,949
Dec 201705,94357.272.92$17,363
Nov 201705,75655.423.12$17,949
Oct 201706,31349.292.98$18,836
Sep 201705,90647.523.09$18,233
Aug 201706,22145.373.00$18,690
Jul 201706,48643.873.09$20,024
Jun 201706,14142.493.09$18,959
May 201706,68245.373.26$21,806
Apr 201706,15547.933.21$19,767
Mar 201705,04046.772.98$15,038
Feb 201703,87850.452.95$11,450
Jan 201702,53349.413.42$8,660
Dec 201604,41048.763.72$16,418
Nov 201601,63442.492.64$4,321
Oct 201605,15546.193.09$15,930
Sep 201604,27241.553.10$13,246
Aug 201604,31541.442.92$12,619
Jul 201602,50541.622.92$7,325
Jun 201602,15145.352.69$5,777
May 201601,19942.521.99$2,387
Apr 201601,59536.561.99$3,176
Mar 201603,38833.011.79$6,078
Feb 201603,61126.472.06$7,452
Jan 201605,49227.352.36$12,985
Dec 201505,96232.362.00$11,932
Nov 201505,85138.792.17$12,681
Oct 201505,60643.552.43$13,603
Sep 201506,13942.992.76$16,934
Aug 201505,06140.162.87$14,538
Jul 201505,87148.152.95$17,291
Jun 201505,90956.152.88$17,035
May 201506,26755.212.96$18,522
Apr 201506,26949.822.71$16,967
Mar 201506,38342.892.93$18,732
Feb 201505,97344.662.98$17,777
Jan 201506,85143.433.10$21,242
Dec 201405,93154.693.59$21,300
Nov 201405,95370.464.25$25,311
Oct 201406,24478.303.90$24,358
Sep 201406,00586.164.05$24,293
Aug 201406,49089.394.04$26,188
Jul 201406,69596.564.18$27,982
Jun 201406,67598.164.74$31,619
May 201406,98894.734.73$33,029
Apr 201404,73895.944.81$22,786
Mar 201407,20795.895.06$36,444
Feb 201406,34297.406.19$39,270
Jan 201407,33790.404.86$35,663
Dec 201307,42791.824.35$32,341
Nov 201307,46188.853.74$27,891
Oct 201307,80597.423.78$29,498
Sep 201307,518104.113.72$27,950
Aug 201307,285104.253.52$25,662
Jul 201306,858102.523.72$25,496
Jun 201306,16594.403.93$24,249
May 201305,66794.834.15$23,513
Apr 201307,01893.964.28$30,055
Mar 201307,48393.623.91$29,280
Feb 201306,81791.233.42$23,314
Jan 201307,13591.603.42$24,401
Dec 201207,77586.773.42$26,592
Nov 201208,18786.953.62$29,678
Oct 201208,62289.383.40$29,312
Sep 201207,23094.672.92$21,100
Aug 201207,75092.662.91$22,538
Jul 201209,30485.133.02$28,106
Jun 201208,29579.822.52$20,895
May 201209,29491.612.49$23,126
Apr 201208,703101.652.00$17,378
Mar 201209,348105.052.22$20,772
Feb 201207,446101.102.57$19,138
Jan 201209,75098.092.73$26,657
Dec 201109,96496.873.24$32,281
Nov 201109,82395.723.31$32,527
Oct 2011010,77484.983.65$39,309
Sep 201108,67383.623.99$34,569
Aug 201109,38483.404.15$38,937
Jul 2011010,18994.144.52$46,026
Jun 2011010,48592.904.64$48,649
May 2011011,25098.134.40$49,554
Apr 2011010,646105.964.33$46,132
Mar 2011011,43196.364.06$46,379
Feb 201109,84785.644.18$41,160
Jan 2011010,52986.504.59$48,315
Dec 2010011,49185.734.35$49,960
Nov 2010011,15580.843.80$42,337
Oct 2010011,69378.103.51$41,029
Sep 2010012,01672.633.98$47,817
Aug 2010012,36773.684.42$54,654
Jul 2010012,98472.554.74$61,499
Jun 2010013,27370.364.91$65,176
May 2010012,95371.124.24$54,859
Apr 2010013,83681.694.12$57,042
Mar 2010014,92178.394.39$65,483
Feb 2010013,85373.585.44$75,393
Jan 2010016,44174.365.96$98,056
Dec 2009017,24971.445.48$94,589
Nov 2009014,16174.593.75$53,125
Oct 2009012,57172.544.11$51,670
Sep 2009012,26765.543.06$37,595
Aug 2009013,31467.423.22$42,851
Jul 2009012,97561.133.46$44,952
Jun 2009114,10966.163.90$55,021
May 2009016,32254.743.93$64,076
Apr 2009316,20346.773.59$58,269
Mar 2009416,60242.144.06$67,556
Feb 2009115,67832.814.63$72,669
Jan 2009617,45035.865.37$93,939
Dec 2008017,24937.105.98$103,100
Nov 2008017,59655.496.86$120,715
Oct 2008219,04875.246.92$132,000
Sep 2008018,319101.767.88$144,300
Aug 2008219,581114.228.48$166,334
Jul 2008419,620131.0811.39$223,985
Jun 2008219,088131.3313.03$249,030
May 2008020,425123.1711.57$236,405
Apr 2008418,800110.3110.45$196,993
Mar 2008720,590101.909.66$199,697
Feb 2008619,44292.538.77$171,073
Jan 2008321,31590.388.21$175,176
Dec 2007324,88288.337.30$181,953
Nov 2007422,60791.677.29$165,210
Oct 2007024,73282.856.92$171,194
Sep 20071621,54575.846.24$135,744
Aug 200767,55069.066.39$48,643
Jul 20072270.906.39$155
Jun 200762,25062.007.55$17,356
May 20070058.747.85$0
Apr 20071159.617.81$67
Mar 20070056.927.30$0
Feb 20071155.108.22$63
Jan 2007075550.306.73$5,079
Dec 200602,98956.656.92$20,679
Nov 200612,44854.207.62$18,702
Oct 200605,27454.906.01$31,717
Sep 200603,41560.085.04$17,202
Aug 200603,26268.717.34$23,943
Jul 200604,18069.376.34$26,513
Jun 200602,93066.286.38$18,705
May 200604,64266.016.42$29,825
Apr 200605,65464.397.36$41,616
Mar 200616,31856.707.08$44,807
Feb 200607,28357.597.75$56,451
Jan 200608,08260.598.93$72,199
Dec 200516,88954.9413.42$92,474
Nov 200526,94854.6910.59$73,678
Oct 200508,29958.3413.80$114,491
Sep 200539,88461.4512.08$119,573
Aug 2005212,32561.519.80$120,869
Jul 2005010,41055.697.84$81,652
Jun 2005112,25452.337.38$90,500
May 2005211,80945.226.65$78,634
Apr 2005312,61449.207.36$92,993
Mar 2005314,92050.377.15$106,902
Feb 2005215,67245.226.31$99,011
Jan 20051218,40043.166.32$116,846
Dec 2004121,66239.866.75$146,282
Nov 2004626,82045.286.33$170,054
Oct 2004036,91249.706.52$240,485
Sep 2004035,04343.245.28$185,164
Aug 20041611,02042.375.55$61,846
Jul 2004332,97638.286.08$19,370
Jun 20041228636.106.43$2,273

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                  837 Mcf  × $  3.05 =     $2,549

────────────────────────────────────────────────────
Month total                                   $2,549

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/203912 is the state's own key, not one this site invented.