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 204379District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Aug 2004 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
262
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 Gas112004-12-22159121
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
CondensateDisposition98 bbl$4,585
GasProduction1,709,803 Mcf$9,010,609
Total$9,015,194

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 31.2450, -96.4548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24500, -96.45481 · 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
Aug 2004
1 of 1 wells

1 well

42-39530862813,015 ftAug 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 (262)

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

262 months

May 202603,556106.413.05$10,831
Apr 202603,69498.932.87$10,601
Mar 202602,93989.753.15$9,256
Feb 202603,17363.503.75$11,900
Jan 202603,57859.138.00$28,617
Dec 202503,42056.664.41$15,094
Nov 202503,12458.593.93$12,266
Oct 202504,54359.383.30$15,014
Sep 202503,41562.743.08$10,508
Aug 202503,41363.933.01$10,289
Jul 202503,97766.743.32$13,185
Jun 202502,47566.483.13$7,744
May 202503,01960.553.23$9,758
Apr 202503,29762.363.54$11,682
Mar 202503,11467.704.27$13,292
Feb 202502,98870.884.34$12,970
Jan 202502,90874.324.28$12,442
Dec 202402,95968.993.12$9,236
Nov 202403,72369.052.20$8,185
Oct 202402,65471.372.28$6,055
Sep 202402,77569.612.36$6,561
Aug 202403,26175.632.06$6,730
Jul 202402,52979.932.15$5,429
Jun 202402,87778.082.63$7,578
May 202403,79678.812.20$8,345
Apr 202405,67184.451.66$9,409
Mar 202405,17180.301.55$7,990
Feb 202403,63276.091.78$6,478
Jan 202402,47173.023.30$8,149
Dec 202303,41671.262.61$8,918
Nov 202302,85377.892.81$8,010
Oct 202302,53085.443.09$7,811
Sep 202302,26089.042.74$6,181
Aug 202302,92180.522.67$7,807
Jul 202302,72274.852.64$7,191
Jun 202302,61068.962.26$5,895
May 202303,15370.622.23$7,023
Apr 202303,15778.122.24$7,065
Mar 202304,47172.852.39$10,700
Feb 202303,49375.112.47$8,613
Jan 202302,51276.533.39$8,510
Dec 202203,03576.415.73$17,388
Nov 202202,67385.005.65$15,092
Oct 202203,39187.185.86$19,884
Sep 202203,21084.888.16$26,205
Aug 202203,49194.529.13$31,863
Jul 202203,868101.587.54$29,173
Jun 202202,554115.097.98$20,374
May 202204,273109.378.43$36,034
Apr 202202,456104.226.84$16,793
Mar 202202,365108.885.08$12,006
Feb 202203,41291.054.86$16,578
Jan 202201,64381.844.54$7,455
Dec 202101,31971.323.90$5,143
Nov 202101,15477.435.24$6,043
Oct 202101,30379.795.71$7,445
Sep 202101,11169.865.35$5,945
Aug 202101,21366.024.22$5,120
Jul 202101,39770.783.98$5,563
Jun 202101,71869.493.38$5,808
May 202102,59363.483.02$7,825
Apr 202102,64860.362.76$7,304
Mar 202106,14161.302.72$16,685
Feb 202105,13557.805.55$28,489
Jan 202106,21050.412.81$17,452
Dec 202001,95644.642.68$5,233
Nov 202001,91538.772.71$5,183
Oct 202001,67836.972.48$4,159
Sep 202001,81537.091.99$3,614
Aug 202001,68639.982.39$4,021
Jul 202001,89238.371.83$3,453
Jun 202001,65134.901.69$2,791
May 202002,57616.921.81$4,675
Apr 202001,93614.751.80$3,493
Mar 202002,35830.341.86$4,377
Feb 202002,27349.881.98$4,502
Jan 202003,06557.252.09$6,420
Dec 201904,75659.012.30$10,960
Nov 201902,72955.302.75$7,507
Oct 201903,34653.472.42$8,092
Sep 201903,30155.052.66$8,772
Aug 201904,41453.112.30$10,171
Jul 201904,58256.272.46$11,272
Jun 201903,66552.782.49$9,130
May 201903,27658.482.74$8,977
Apr 201902,81262.632.75$7,735
Mar 201903,30956.803.06$10,132
Feb 201903,52250.852.79$9,834
Jan 201904,79146.033.23$15,466
Dec 201804,14046.594.19$17,328
Nov 201804,87752.934.24$20,665
Oct 201804,44661.443.40$15,108
Sep 201804,35059.543.11$13,520
Aug 201804,32859.403.07$13,272
Jul 201803,74665.142.93$10,983
Jun 201805,22560.183.08$16,077
May 201804,74965.382.90$13,776
Apr 201804,47663.842.90$12,984
Mar 201806,49461.222.79$18,098
Feb 201804,86161.782.77$13,446
Jan 201805,69162.874.01$22,817
Dec 201706,22757.272.92$18,192
Nov 201705,53155.423.12$17,248
Oct 201704,17249.292.98$12,448
Sep 201704,26347.523.09$13,161
Aug 201705,39745.373.00$16,215
Jul 201703,05843.873.09$9,441
Jun 201703,30142.493.09$10,191
May 201702,92645.373.26$9,549
Apr 201702,75647.933.21$8,851
Mar 201702,87946.772.98$8,590
Feb 201703,72650.452.95$11,001
Jan 201702,67849.413.42$9,156
Dec 201602,79848.763.72$10,416
Nov 201602,94742.492.64$7,793
Oct 201603,89146.193.09$12,024
Sep 201604,53441.553.10$14,058
Aug 201607,13041.442.92$20,851
Jul 201605,02441.622.92$14,692
Jun 201606,79945.352.69$18,261
May 201607,25342.521.99$14,441
Apr 201609,53736.561.99$18,989
Mar 201604,93333.011.79$8,850
Feb 2016071726.472.06$1,480
Jan 201603,06727.352.36$7,251
Dec 201504,73432.362.00$9,475
Nov 201505,02538.792.17$10,891
Oct 201505,52143.552.43$13,397
Sep 201505,50142.992.76$15,174
Aug 201505,25140.162.87$15,083
Jul 201504,94448.152.95$14,560
Jun 201505,07556.152.88$14,631
May 201504,21855.212.96$12,466
Apr 201504,61349.822.71$12,485
Mar 201504,63142.892.93$13,591
Feb 201504,44144.662.98$13,217
Jan 201505,48043.433.10$16,991
Dec 201404,85054.693.59$17,418
Nov 201404,25570.464.25$18,092
Oct 201405,27778.303.90$20,585
Sep 201406,72386.164.05$27,197
Aug 201407,81589.394.04$31,534
Jul 201407,20496.564.18$30,110
Jun 201405,38798.164.74$25,518
May 201405,46094.734.73$25,807
Apr 201407,81595.944.81$37,583
Mar 2014010,83795.895.06$54,801
Feb 2014018,62797.406.19$115,338
Jan 2014023390.404.86$1,133
Dec 201301,73791.824.35$7,564
Nov 20130088.853.74$0
Oct 20130197.423.78$4
Sep 201302,262104.113.72$8,410
Aug 201305,405104.253.52$19,040
Jul 201305,283102.523.72$19,641
Jun 201305,50494.403.93$21,649
May 201306,10194.834.15$25,314
Apr 201306,22393.964.28$26,651
Mar 201307,04293.623.91$27,554
Feb 201305,88491.233.42$20,123
Jan 201305,86591.603.42$20,058
Dec 201205,88386.773.42$20,121
Nov 201205,82686.953.62$21,119
Oct 201206,49989.383.40$22,095
Sep 201201,60594.672.92$4,684
Aug 201205,02392.662.91$14,608
Jul 201206,53685.133.02$19,744
Jun 201206,64579.822.52$16,739
May 201206,44491.612.49$16,035
Apr 201204,989101.652.00$9,962
Mar 201205,088105.052.22$11,306
Feb 201205,973101.102.57$15,352
Jan 201206,11398.092.73$16,713
Dec 201106,82396.873.24$22,105
Nov 201107,62795.723.31$25,255
Oct 2011010,01184.983.65$36,526
Sep 2011010,27483.623.99$40,950
Aug 201109,28583.404.15$38,526
Jul 201106,56294.144.52$29,642
Jun 201104,98092.904.64$23,107
May 201105,59298.134.40$24,632
Apr 201106,245105.964.33$27,061
Mar 201108,26596.364.06$33,534
Feb 201108,22185.644.18$34,364
Jan 201108,34586.504.59$38,293
Dec 201008,63985.734.35$37,560
Nov 201007,23880.843.80$27,471
Oct 201008,23178.103.51$28,882
Sep 2010010,23672.633.98$40,734
Aug 2010013,05473.684.42$57,690
Jul 201008,65572.554.74$40,994
Jun 2010011,08570.364.91$54,432
May 2010012,71571.124.24$53,851
Apr 2010010,76081.694.12$44,360
Mar 201003,59478.394.39$15,773
Feb 201003,10673.585.44$16,904
Jan 201003,45074.365.96$20,576
Dec 200903,64871.445.48$20,005
Nov 200903,53474.593.75$13,258
Oct 200905,16072.544.11$21,209
Sep 200904,41465.543.06$13,528
Aug 200904,99567.423.22$16,076
Jul 200905,46061.133.46$18,916
Jun 200904,31866.163.90$16,819
May 200905,01754.743.93$19,695
Apr 200905,15346.773.59$18,486
Mar 200915,23142.144.06$21,275
Feb 200904,80032.814.63$22,238
Jan 200915,21735.865.37$28,056
Dec 200805,15937.105.98$30,836
Nov 200805,10755.496.86$35,036
Oct 200805,36875.246.92$37,157
Sep 200805,162101.767.88$40,662
Aug 200805,425114.228.48$46,020
Jul 200805,442131.0811.39$61,981
Jun 200805,329131.3313.03$69,451
May 200805,475123.1711.57$63,369
Apr 200815,277110.3110.45$55,281
Mar 200815,729101.909.66$55,467
Feb 200805,52192.538.77$48,422
Jan 200805,98990.388.21$49,144
Dec 200706,25588.337.30$45,674
Nov 200706,11691.677.29$44,596
Oct 200704,24582.856.92$29,384
Sep 200704,89875.846.24$30,584
Aug 200715,51769.066.39$35,311
Jul 200706,35570.906.39$40,595
Jun 200717,10362.007.55$53,679
May 200709,39558.747.85$73,716
Apr 2007113,95259.617.81$108,958
Mar 2007011,70256.927.30$85,448
Feb 200716,52555.108.22$53,665
Jan 200709,38650.306.73$63,138
Dec 2006014,06556.656.92$97,308
Nov 2006012,09454.207.62$92,126
Oct 2006214,30554.906.01$86,137
Sep 2006015,68360.085.04$78,998
Aug 2006011,42168.717.34$83,829
Jul 200609,21069.376.34$58,417
Jun 200614,46166.286.38$28,545
May 200605,72066.016.42$36,751
Apr 2006013,82364.397.36$101,744
Mar 2006017,23256.707.08$122,053
Feb 2006010,16457.597.75$78,782
Jan 200619,47960.598.93$84,740
Dec 2005010,55454.9413.42$141,586
Nov 2005113,18654.6910.59$139,673
Oct 2005017,47058.3413.80$241,012
Sep 2005212,54661.4512.08$151,666
Aug 2005113,19461.519.80$129,321
Jul 2005014,56655.697.84$114,250
Jun 2005113,57652.337.38$100,257
May 2005115,03045.226.65$100,012
Apr 2005221,68749.207.36$159,725
Mar 2005126,41450.377.15$189,039
Feb 2005232,22745.226.31$203,505
Jan 2005739,49543.166.32$249,997
Dec 2004145,69039.866.75$308,497
Nov 2004554,26045.286.33$343,715
Oct 2004167,78149.706.52$441,650
Sep 20043965,53043.245.28$347,940
Aug 2004225,92642.375.55$33,825

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                3,556 Mcf  × $  3.05 =    $10,831

────────────────────────────────────────────────────
Month total                                  $10,831

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/204379 is the state's own key, not one this site invented.