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 204100District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Jun 2004 – May 2026
Value, last 12 filed months
$52 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 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 Gas112004-12-22157966
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
CondensateDisposition96 bbl$4,156
GasProduction1,435,418 Mcf$8,566,894
Total$8,571,050

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 31.2433, -96.4509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24334, -96.45094 · 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
13,025 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 13,025 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-39530863713,025 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 202604,320106.413.05$13,158
Apr 202601,85998.932.87$5,335
Mar 2026026589.753.15$835
Feb 2026076063.503.75$2,850
Jan 2026086359.138.00$6,902
Dec 2025095756.664.41$4,224
Nov 2025088258.593.93$3,463
Oct 2025099259.383.30$3,278
Sep 2025092162.743.08$2,834
Aug 2025096063.933.01$2,894
Jul 2025091566.743.32$3,033
Jun 2025091266.483.13$2,853
May 2025093760.553.23$3,029
Apr 2025093162.363.54$3,299
Mar 202501,00567.704.27$4,290
Feb 2025093270.884.34$4,046
Jan 202501,04374.324.28$4,463
Dec 202401,07168.993.12$3,343
Nov 202401,03469.052.20$2,273
Oct 202401,05371.372.28$2,402
Sep 202401,04169.612.36$2,461
Aug 202401,09775.632.06$2,264
Jul 202401,10279.932.15$2,366
Jun 202401,07078.082.63$2,818
May 202401,14378.812.20$2,513
Apr 202401,29584.451.66$2,149
Mar 202401,19080.301.55$1,839
Feb 202401,40976.091.78$2,513
Jan 202401,24273.023.30$4,096
Dec 202301,31071.262.61$3,420
Nov 202301,48177.892.81$4,158
Oct 202301,32785.443.09$4,097
Sep 202301,35489.042.74$3,703
Aug 202301,32780.522.67$3,547
Jul 202301,39674.852.64$3,688
Jun 202301,41768.962.26$3,200
May 202301,33570.622.23$2,974
Apr 202301,36778.122.24$3,059
Mar 202301,46372.852.39$3,501
Feb 202301,33075.112.47$3,279
Jan 202301,43276.533.39$4,851
Dec 202201,41076.415.73$8,078
Nov 202201,37985.005.65$7,786
Oct 202201,28187.185.86$7,511
Sep 202201,60084.888.16$13,062
Aug 202201,65694.529.13$15,115
Jul 202201,079101.587.54$8,138
Jun 202201,650115.097.98$13,162
May 202201,906109.378.43$16,073
Apr 202201,835104.226.84$12,547
Mar 202201,708108.885.08$8,670
Feb 202201,62691.054.86$7,900
Jan 202201,71481.844.54$7,778
Dec 202101,72571.323.90$6,726
Nov 202101,71977.435.24$9,002
Oct 202101,90679.795.71$10,891
Sep 202101,87069.865.35$10,006
Aug 202101,93966.024.22$8,184
Jul 202101,93070.783.98$7,685
Jun 202101,86769.493.38$6,312
May 202101,95763.483.02$5,906
Apr 202101,96660.362.76$5,423
Mar 202102,28561.302.72$6,208
Feb 202102,05257.805.55$11,384
Jan 202102,01350.412.81$5,657
Dec 202001,90244.642.68$5,089
Nov 202002,03638.772.71$5,511
Oct 202002,12436.972.48$5,264
Sep 202002,19437.091.99$4,368
Aug 202002,31739.982.39$5,526
Jul 202002,48438.371.83$4,534
Jun 202002,59634.901.69$4,388
May 202002,88716.921.81$5,239
Apr 202002,69314.751.80$4,859
Mar 202002,84230.341.86$5,275
Feb 202002,83349.881.98$5,611
Jan 202003,06757.252.09$6,425
Dec 201903,27359.012.30$7,542
Nov 201903,85955.302.75$10,615
Oct 201905,01053.472.42$12,117
Sep 201904,60955.052.66$12,247
Aug 201902,04753.112.30$4,717
Jul 201902,47356.272.46$6,084
Jun 201901,26052.782.49$3,139
May 201901,36458.482.74$3,738
Apr 201901,16162.632.75$3,194
Mar 201901,31556.803.06$4,027
Feb 201901,59450.852.79$4,451
Jan 201903,32346.033.23$10,727
Dec 201802,83746.594.19$11,874
Nov 201802,69052.934.24$11,398
Oct 201802,33661.443.40$7,938
Sep 201802,17459.543.11$6,757
Aug 201802,20359.403.07$6,756
Jul 201802,22965.142.93$6,535
Jun 201802,13160.183.08$6,557
May 201802,31065.382.90$6,701
Apr 201802,13863.842.90$6,202
Mar 201802,23061.222.79$6,215
Feb 201802,13661.782.77$5,908
Jan 201802,02962.874.01$8,135
Dec 201701,83157.272.92$5,349
Nov 201701,80555.423.12$5,629
Oct 201701,92449.292.98$5,741
Sep 201701,81147.523.09$5,591
Aug 201702,10645.373.00$6,327
Jul 201701,31343.873.09$4,054
Jun 201701,53742.493.09$4,745
May 201701,65345.373.26$5,394
Apr 201701,55047.933.21$4,978
Mar 201701,55346.772.98$4,634
Feb 201701,57450.452.95$4,647
Jan 201701,79149.413.42$6,123
Dec 201601,81848.763.72$6,768
Nov 201601,89142.492.64$5,000
Oct 201601,49446.193.09$4,617
Sep 201601,47541.553.10$4,573
Aug 201601,49641.442.92$4,375
Jul 201601,53441.622.92$4,486
Jun 201601,22245.352.69$3,282
May 201601,32042.521.99$2,628
Apr 201601,59636.561.99$3,178
Mar 201601,50933.011.79$2,707
Feb 201601,38826.472.06$2,864
Jan 201601,48427.352.36$3,509
Dec 201501,43632.362.00$2,874
Nov 201501,54238.792.17$3,342
Oct 201501,64543.552.43$3,992
Sep 201501,47242.992.76$4,060
Aug 201501,59740.162.87$4,587
Jul 201501,49248.152.95$4,394
Jun 201501,61056.152.88$4,641
May 201501,41255.212.96$4,173
Apr 201501,61449.822.71$4,368
Mar 201501,61342.892.93$4,734
Feb 201501,50844.662.98$4,488
Jan 201501,49543.433.10$4,635
Dec 201401,71954.693.59$6,174
Nov 201401,52470.464.25$6,480
Oct 201401,71778.303.90$6,698
Sep 201401,72086.164.05$6,958
Aug 201401,60689.394.04$6,480
Jul 201401,77196.564.18$7,402
Jun 201401,80598.164.74$8,550
May 201402,07894.734.73$9,822
Apr 201402,09295.944.81$10,061
Mar 201402,22995.895.06$11,272
Feb 201401,97397.406.19$12,217
Jan 201401,98390.404.86$9,639
Dec 201302,30991.824.35$10,054
Nov 201302,24888.853.74$8,404
Oct 201302,33897.423.78$8,836
Sep 201302,274104.113.72$8,454
Aug 201302,164104.253.52$7,623
Jul 201302,434102.523.72$9,049
Jun 201302,20694.403.93$8,677
May 201302,15294.834.15$8,929
Apr 201302,31193.964.28$9,897
Mar 201302,21293.623.91$8,655
Feb 201302,21391.233.42$7,568
Jan 201302,64991.603.42$9,059
Dec 201202,99186.773.42$10,230
Nov 201203,02286.953.62$10,955
Oct 201203,59989.383.40$12,235
Sep 201203,04794.672.92$8,892
Aug 201202,53892.662.91$7,381
Jul 201203,89785.133.02$11,772
Jun 201203,94779.822.52$9,943
May 201204,60491.612.49$11,456
Apr 201206,105101.652.00$12,190
Mar 201207,599105.052.22$16,886
Feb 201207,956101.102.57$20,449
Jan 201208,76498.092.73$23,961
Dec 201103,35696.873.24$10,873
Nov 201101,38895.723.31$4,596
Oct 201101,18784.983.65$4,331
Sep 201102,20083.623.99$8,769
Aug 201101,37783.404.15$5,714
Jul 201101,55894.144.52$7,038
Jun 201101,52192.904.64$7,057
May 201102,84898.134.40$12,545
Apr 201102,759105.964.33$11,956
Mar 201103,31896.364.06$13,462
Feb 201103,14185.644.18$13,129
Jan 201104,33186.504.59$19,874
Dec 201005,20085.734.35$22,608
Nov 201005,08980.843.80$19,314
Oct 201005,30278.103.51$18,604
Sep 201005,19072.633.98$20,653
Aug 201005,58473.684.42$24,678
Jul 201006,60572.554.74$31,285
Jun 201005,35770.364.91$26,305
May 201006,15071.124.24$26,047
Apr 201005,55781.694.12$22,910
Mar 201006,33778.394.39$27,811
Feb 201005,24373.585.44$28,534
Jan 201006,83974.365.96$40,788
Dec 200905,64371.445.48$30,945
Nov 200906,20374.593.75$23,271
Oct 200906,74172.544.11$27,707
Sep 200906,89465.543.06$21,128
Aug 200907,64767.423.22$24,612
Jul 200907,51461.133.46$26,032
Jun 200907,72866.163.90$30,101
May 200908,31854.743.93$32,654
Apr 200917,65946.773.59$27,523
Mar 200907,69042.144.06$31,214
Feb 200916,92132.814.63$32,098
Jan 200917,94435.865.37$42,703
Dec 200807,95337.105.98$47,536
Nov 200808,36655.496.86$57,394
Oct 200807,53275.246.92$52,136
Sep 200808,312101.767.88$65,474
Aug 200808,820114.228.48$74,820
Jul 200809,318131.0811.39$106,127
Jun 200808,784131.3313.03$114,479
May 200807,561123.1711.57$87,513
Apr 200805,876110.3110.45$61,433
Mar 200829,022101.909.66$87,393
Feb 200808,26392.538.77$72,471
Jan 200808,68490.388.21$71,259
Dec 200709,26488.337.30$67,645
Nov 200707,92591.677.29$57,787
Oct 200708,58382.856.92$59,411
Sep 200708,86875.846.24$55,373
Aug 200709,03669.066.39$57,721
Jul 200709,29270.906.39$59,357
Jun 200729,09562.007.55$68,777
May 2007010,29958.747.85$80,809
Apr 2007110,40759.617.81$81,288
Mar 200709,67656.927.30$70,654
Feb 200709,33255.108.22$76,672
Jan 2007011,03650.306.73$74,238
Dec 2006011,26856.656.92$77,957
Nov 2006011,18754.207.62$85,217
Oct 2006111,88054.906.01$71,499
Sep 2006010,05960.085.04$50,669
Aug 2006013,16468.717.34$96,623
Jul 2006212,78769.376.34$81,244
Jun 2006113,42166.286.38$85,744
May 2006014,38366.016.42$92,411
Apr 2006012,34064.397.36$90,828
Mar 2006013,60556.707.08$96,363
Feb 2006013,14057.597.75$101,850
Jan 2006015,39260.598.93$137,502
Dec 2005014,28954.9413.42$191,693
Nov 2005013,06454.6910.59$138,327
Oct 2005016,68358.3413.80$230,155
Sep 2005216,71361.4512.08$201,999
Aug 2005217,12561.519.80$167,894
Jul 2005118,94655.697.84$148,661
Jun 2005119,02152.337.38$140,447
May 2005319,81245.226.65$131,908
Apr 2005220,87549.207.36$153,748
Mar 2005123,29850.377.15$166,745
Feb 2005123,30845.226.31$147,163
Jan 2005430,51643.166.32$193,101
Dec 2004137,40839.866.75$252,584
Nov 2004238,98245.286.33$246,863
Oct 2004036,74649.706.52$239,404
Sep 2004439,93343.245.28$211,175
Aug 2004755,54842.375.55$308,625
Jul 20041159,30538.286.08$361,243
Jun 20044240,15136.106.43$259,808

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                4,320 Mcf  × $  3.05 =    $13,158

────────────────────────────────────────────────────
Month total                                  $13,158

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/204100 is the state's own key, not one this site invented.