PICKETT #1 GAS UNIT

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 207445District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jan 2005 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
257
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 Gas112005-07-21160884
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
CondensateDisposition540 bbl$35,296
GasProduction632,025 Mcf$4,218,717
Total$4,254,013

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 31.6465, -96.2139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64646, -96.21389 · 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
12,486 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 12,486 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-16132937412,486 ftJul 2006

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 (257)

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

257 months

May 2026051106.413.05$155
Apr 202603398.932.87$95
Mar 202604089.753.15$126
Feb 202605163.503.75$191
Jan 202602859.138.00$224
Dec 202504456.664.41$194
Nov 202504658.593.93$181
Oct 202509559.383.30$314
Sep 20250062.743.08$0
Aug 202507063.933.01$211
Jul 202501966.743.32$63
Jun 202504866.483.13$150
May 202504760.553.23$152
Apr 202507862.363.54$276
Mar 20250667.704.27$26
Feb 202504270.884.34$182
Jan 202501674.324.28$68
Dec 202403268.993.12$100
Nov 2024017469.052.20$383
Oct 202401771.372.28$39
Sep 202405669.612.36$132
Aug 202408175.632.06$167
Jul 202401179.932.15$24
Jun 202402878.082.63$74
May 202406378.812.20$139
Apr 202401584.451.66$25
Mar 202404780.301.55$73
Feb 202404176.091.78$73
Jan 202405373.023.30$175
Dec 202303171.262.61$81
Nov 202303677.892.81$101
Oct 202303485.443.09$105
Sep 202303589.042.74$96
Aug 202306480.522.67$171
Jul 20230674.852.64$16
Jun 202306068.962.26$136
May 202305170.622.23$114
Apr 202301378.122.24$29
Mar 202306272.852.39$148
Feb 202303975.112.47$96
Jan 202302976.533.39$98
Dec 202204776.415.73$269
Nov 202203785.005.65$209
Oct 202206087.185.86$352
Sep 2022010784.888.16$874
Aug 20220094.529.13$0
Jul 2022039101.587.54$294
Jun 2022074115.097.98$590
May 202201109.378.43$8
Apr 2022047104.226.84$321
Mar 2022054108.885.08$274
Feb 202204991.054.86$238
Jan 202204481.844.54$200
Dec 202106471.323.90$250
Nov 2021010977.435.24$571
Oct 20210079.795.71$0
Sep 202103769.865.35$198
Aug 202106366.024.22$266
Jul 202105070.783.98$199
Jun 202104369.493.38$145
May 202107063.483.02$211
Apr 202105660.362.76$154
Mar 202106961.302.72$187
Feb 20210057.805.55$0
Jan 202105650.412.81$157
Dec 202004744.642.68$126
Nov 202005038.772.71$135
Oct 2020011636.972.48$288
Sep 20200037.091.99$0
Aug 202004439.982.39$105
Jul 202006138.371.83$111
Jun 202005234.901.69$88
May 202005116.921.81$93
Apr 202005714.751.80$103
Mar 202005130.341.86$95
Feb 202005349.881.98$105
Jan 202009357.252.09$195
Dec 201908759.012.30$200
Nov 20190055.302.75$0
Oct 2019011453.472.42$276
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190162.632.75$3
Mar 2019012156.803.06$371
Feb 201901750.852.79$47
Jan 201902946.033.23$94
Dec 201803446.594.19$142
Nov 201804052.934.24$169
Oct 201803161.443.40$105
Sep 201805359.543.11$165
Aug 2018022259.403.07$681
Jul 201802465.142.93$70
Jun 201802960.183.08$89
May 201805265.382.90$151
Apr 201801963.842.90$55
Mar 201808761.222.79$242
Feb 20180061.782.77$0
Jan 201808162.874.01$325
Dec 201704457.272.92$129
Nov 20170155.423.12$3
Oct 20170049.292.98$0
Sep 201705147.523.09$157
Aug 20170045.373.00$0
Jul 201708943.873.09$275
Jun 2017010242.493.09$315
May 20170045.373.26$0
Apr 201701747.933.21$55
Mar 201705246.772.98$155
Feb 201701250.452.95$35
Jan 2017013049.413.42$444
Dec 201606648.763.72$246
Nov 2016013742.492.64$362
Oct 20160046.193.09$0
Sep 201607341.553.10$226
Aug 20160041.442.92$0
Jul 201604941.622.92$143
Jun 20160145.352.69$3
May 2016010042.521.99$199
Apr 2016015736.561.99$313
Mar 2016010333.011.79$185
Feb 201607526.472.06$155
Jan 20160627.352.36$14
Dec 201509932.362.00$198
Nov 201507738.792.17$167
Oct 201503643.552.43$87
Sep 2015010342.992.76$284
Aug 2015015840.162.87$454
Jul 20150048.152.95$0
Jun 2015016756.152.88$481
May 2015016455.212.96$485
Apr 2015019049.822.71$514
Mar 2015011242.892.93$329
Feb 201501,08444.662.98$3,226
Jan 201503,26543.433.10$10,124
Dec 201403,07254.693.59$11,033
Nov 201403,01170.464.25$12,802
Oct 201403,13678.303.90$12,233
Sep 201402,72386.164.05$11,016
Aug 201402,16989.394.04$8,752
Jul 201402,37796.564.18$9,935
Jun 201402,40198.164.74$11,373
May 201402,54694.734.73$12,034
Apr 201402,75295.944.81$13,235
Mar 201402,80995.895.06$14,205
Feb 201403,01297.406.19$18,650
Jan 201403,15390.404.86$15,326
Dec 201303,34591.824.35$14,566
Nov 201303,92988.853.74$14,688
Oct 201305,44997.423.78$20,594
Sep 201301,386104.113.72$5,153
Aug 20130412104.253.52$1,451
Jul 20130320102.523.72$1,190
Jun 201303,51794.403.93$13,834
May 201308694.834.15$357
Apr 2013032993.964.28$1,409
Mar 201302,04793.623.91$8,010
Feb 201303,73591.233.42$12,773
Jan 201302,63791.603.42$9,018
Dec 2012048286.773.42$1,649
Nov 2012043786.953.62$1,584
Oct 2012084289.383.40$2,863
Sep 201201,23294.672.92$3,595
Aug 201201,24292.662.91$3,612
Jul 201203,04185.133.02$9,186
Jun 201202,94279.822.52$7,411
May 201201,02291.612.49$2,543
Apr 201202,353101.652.00$4,698
Mar 201203,323105.052.22$7,384
Feb 201202,753101.102.57$7,076
Jan 201203,81098.092.73$10,417
Dec 201103,95396.873.24$12,807
Nov 201104,26895.723.31$14,133
Oct 201102,81684.983.65$10,274
Sep 201102,44283.623.99$9,733
Aug 201101,53983.404.15$6,386
Jul 201102,52094.144.52$11,383
Jun 201101,92992.904.64$8,950
May 201103,58898.134.40$15,804
Apr 20111485105.964.33$2,208
Mar 201103,43996.364.06$13,953
Feb 201112,77185.644.18$11,668
Jan 201104,15586.504.59$19,066
Dec 201002,89785.734.35$12,595
Nov 201001,96380.843.80$7,450
Oct 201003,23478.103.51$11,348
Sep 201002,34272.633.98$9,320
Aug 201003,77673.684.42$16,688
Jul 201003,22072.554.74$15,252
Jun 201002,27670.364.91$11,176
May 201002,61071.124.24$11,054
Apr 201002,59681.694.12$10,703
Mar 201022,61978.394.39$11,651
Feb 201012,75173.585.44$15,046
Jan 201003,06574.365.96$18,280
Dec 200912,27871.445.48$12,563
Nov 200902,76074.593.75$10,354
Oct 200902,89972.544.11$11,916
Sep 200902,58765.543.06$7,929
Aug 200903,09567.423.22$9,961
Jul 200903,37161.133.46$11,679
Jun 200903,96866.163.90$15,455
May 200903,45154.743.93$13,548
Apr 200903,63846.773.59$13,051
Mar 200972,32942.144.06$9,748
Feb 200952,87632.814.63$13,489
Jan 200973,46735.865.37$18,872
Dec 200802,73837.105.98$16,365
Nov 200823,78155.496.86$26,050
Oct 200822,91975.246.92$20,356
Sep 2008123,401101.767.88$28,011
Aug 2008124,532114.228.48$39,816
Jul 200864,157131.0811.39$48,132
Jun 200854,155131.3313.03$54,807
May 2008124,963123.1711.57$58,921
Apr 200874,770110.3110.45$50,642
Mar 2008135,085101.909.66$50,467
Feb 2008154,11892.538.77$37,505
Jan 2008114,99390.388.21$41,965
Dec 2007124,60388.337.30$34,671
Nov 200793,02891.677.29$22,904
Oct 2007114,71882.856.92$33,569
Sep 200744,69475.846.24$29,613
Aug 200794,73969.066.39$30,894
Jul 200775,03270.906.39$32,640
Jun 200744,67962.007.55$35,567
May 200705,08158.747.85$39,867
Apr 200745,70659.617.81$44,775
Mar 200765,16256.927.30$38,034
Feb 200775,24055.108.22$43,438
Jan 200765,44450.306.73$36,923
Dec 200696,45556.656.92$45,168
Nov 200676,56254.207.62$50,365
Oct 200677,00154.906.01$42,487
Sep 200664,72260.085.04$24,146
Aug 2006106,71268.717.34$49,953
Jul 200697,61469.376.34$48,918
Jun 2006137,85266.286.38$50,988
May 2006127,33466.016.42$47,913
Apr 2006137,08664.397.36$52,993
Mar 2006108,87156.707.08$63,400
Feb 2006178,64557.597.75$67,987
Jan 2006610,18160.598.93$91,314
Dec 20051110,02854.9413.42$135,134
Nov 20051511,88654.6910.59$126,674
Oct 2005412,49558.3413.80$172,611
Sep 2005611,62361.4512.08$140,763
Aug 20051014,23461.519.80$140,063
Jul 20051215,91555.697.84$125,500
Jun 20051317,06352.337.38$126,623
May 20051520,40645.226.65$136,402
Apr 20053324,32249.207.36$180,645
Mar 2005032,62850.377.15$233,449
Feb 20055332,96745.226.31$210,482
Jan 20054832,47643.166.32$207,391

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                   51 Mcf  × $  3.05 =       $155

────────────────────────────────────────────────────
Month total                                     $155

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/207445 is the state's own key, not one this site invented.