REAGAN HEIRS

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 208098District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Feb 2005 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
256
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 Gas112005-07-21161104
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
CondensateDisposition52 bbl$2,719
GasProduction798,299 Mcf$4,624,037
Total$4,626,757

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 31.2482, -96.4453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24824, -96.44525 · 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
12,920 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 12,920 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-39530945512,920 ftFeb 2005

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 (256)

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

256 months

May 20260953106.413.05$2,903
Apr 2026094798.932.87$2,718
Mar 2026094689.753.15$2,979
Feb 2026082763.503.75$3,102
Jan 2026091759.138.00$7,334
Dec 202501,18056.664.41$5,208
Nov 202501,05758.593.93$4,150
Oct 202501,18159.383.30$3,903
Sep 202501,05262.743.08$3,237
Aug 202501,24063.933.01$3,738
Jul 202501,23466.743.32$4,091
Jun 202501,21666.483.13$3,805
May 202501,20960.553.23$3,908
Apr 202501,20962.363.54$4,284
Mar 202501,11667.704.27$4,763
Feb 2025099570.884.34$4,319
Jan 202501,20074.324.28$5,134
Dec 202401,39168.993.12$4,342
Nov 202401,34469.052.20$2,955
Oct 202401,51571.372.28$3,456
Sep 202401,45769.612.36$3,445
Aug 202401,59775.632.06$3,296
Jul 202401,36579.932.15$2,930
Jun 202401,08178.082.63$2,847
May 202401,30578.812.20$2,869
Apr 202401,51184.451.66$2,507
Mar 202401,08780.301.55$1,680
Feb 2024075176.091.78$1,340
Jan 202401,06873.023.30$3,522
Dec 2023081671.262.61$2,130
Nov 202302,06177.892.81$5,786
Oct 2023094985.443.09$2,930
Sep 202301,38689.042.74$3,791
Aug 2023076880.522.67$2,053
Jul 202301,10774.852.64$2,924
Jun 202301,19168.962.26$2,690
May 202301,36070.622.23$3,029
Apr 202301,31678.122.24$2,945
Mar 202301,84772.852.39$4,420
Feb 2023096875.112.47$2,387
Jan 202301,20676.533.39$4,086
Dec 202201,55376.415.73$8,897
Nov 202201,10385.005.65$6,228
Oct 202201,58587.185.86$9,294
Sep 202201,31284.888.16$10,711
Aug 202201,85894.529.13$16,958
Jul 202202,820101.587.54$21,269
Jun 202201,963115.097.98$15,659
May 202202,160109.378.43$18,215
Apr 202201,289104.226.84$8,814
Mar 202201,459108.885.08$7,406
Feb 202201,70891.054.86$8,299
Jan 202201,12581.844.54$5,105
Dec 202101,97271.323.90$7,689
Nov 202101,87877.435.24$9,835
Oct 202102,38879.795.71$13,645
Sep 202101,63769.865.35$8,759
Aug 202101,95466.024.22$8,247
Jul 202102,45270.783.98$9,764
Jun 202102,37769.493.38$8,036
May 202102,36263.483.02$7,128
Apr 202102,76960.362.76$7,638
Mar 202101,33461.302.72$3,624
Feb 202102,58957.805.55$14,364
Jan 202106,26150.412.81$17,595
Dec 202002,04944.642.68$5,482
Nov 20200238.772.71$5
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020027614.751.80$498
Mar 202002,20030.341.86$4,084
Feb 202003,33749.881.98$6,610
Jan 2020043757.252.09$915
Dec 201901,41959.012.30$3,270
Nov 201902,77455.302.75$7,630
Oct 201904,51253.472.42$10,912
Sep 201901,72155.052.66$4,573
Aug 2019032153.112.30$740
Jul 201901,11356.272.46$2,738
Jun 201901,75852.782.49$4,380
May 201901,24758.482.74$3,417
Apr 201901,32562.632.75$3,645
Mar 201902,06856.803.06$6,332
Feb 201901,92450.852.79$5,372
Jan 201902,62446.033.23$8,471
Dec 201802,53746.594.19$10,618
Nov 201802,72552.934.24$11,546
Oct 201802,67761.443.40$9,097
Sep 201801,97859.543.11$6,148
Aug 201801,96259.403.07$6,017
Jul 201801,89465.142.93$5,553
Jun 201801,55160.183.08$4,772
May 201801,59865.382.90$4,635
Apr 201801,62263.842.90$4,705
Mar 201801,57461.222.79$4,386
Feb 201801,48161.782.77$4,097
Jan 201801,46662.874.01$5,878
Dec 201701,32657.272.92$3,874
Nov 201701,22755.423.12$3,826
Oct 201701,26249.292.98$3,765
Sep 201701,23747.523.09$3,819
Aug 201701,38145.373.00$4,149
Jul 201701,42043.873.09$4,384
Jun 201701,54442.493.09$4,767
May 201701,63545.373.26$5,336
Apr 201701,57147.933.21$5,045
Mar 201701,77846.772.98$5,305
Feb 201701,66250.452.95$4,907
Jan 201701,93649.413.42$6,619
Dec 201601,75748.763.72$6,541
Nov 201601,55742.492.64$4,117
Oct 201601,56346.193.09$4,830
Sep 201601,90541.553.10$5,907
Aug 201601,26741.442.92$3,705
Jul 201601,24741.622.92$3,647
Jun 201601,99545.352.69$5,358
May 201602,16742.521.99$4,315
Apr 201602,24736.561.99$4,474
Mar 201602,48633.011.79$4,460
Feb 201601,84626.472.06$3,809
Jan 201601,46127.352.36$3,454
Dec 201501,97832.362.00$3,959
Nov 201502,04038.792.17$4,421
Oct 201502,03643.552.43$4,941
Sep 201502,02942.992.76$5,597
Aug 201502,40840.162.87$6,917
Jul 2015093148.152.95$2,742
Jun 201501,83056.152.88$5,276
May 201501,48455.212.96$4,386
Apr 201502,10749.822.71$5,703
Mar 201501,62442.892.93$4,766
Feb 201501,65844.662.98$4,935
Jan 201502,01643.433.10$6,251
Dec 201402,36254.693.59$8,483
Nov 201402,32670.464.25$9,890
Oct 201402,43678.303.90$9,503
Sep 201402,36886.164.05$9,580
Aug 201402,27289.394.04$9,168
Jul 201402,13596.564.18$8,923
Jun 201402,16398.164.74$10,246
May 201402,27594.734.73$10,753
Apr 201402,32695.944.81$11,186
Mar 201402,65995.895.06$13,446
Feb 201403,74897.406.19$23,208
Jan 201401,27090.404.86$6,173
Dec 201301,41691.824.35$6,166
Nov 201301,37388.853.74$5,133
Oct 201301,89897.423.78$7,173
Sep 20130932104.113.72$3,465
Aug 201301,448104.253.52$5,101
Jul 201301,906102.523.72$7,086
Jun 201301,98294.403.93$7,796
May 201302,33094.834.15$9,667
Apr 201301,98193.964.28$8,484
Mar 201302,30793.623.91$9,027
Feb 201301,88191.233.42$6,433
Jan 201302,38291.603.42$8,146
Dec 201202,19086.773.42$7,490
Nov 201202,35186.953.62$8,522
Oct 201202,48389.383.40$8,441
Sep 201202,39694.672.92$6,992
Aug 201202,53092.662.91$7,358
Jul 201202,52785.133.02$7,634
Jun 201202,57579.822.52$6,487
May 201202,67891.612.49$6,664
Apr 201202,594101.652.00$5,180
Mar 201202,715105.052.22$6,033
Feb 201202,626101.102.57$6,749
Jan 201202,72998.092.73$7,461
Dec 201102,98896.873.24$9,680
Nov 201102,78495.723.31$9,219
Oct 201102,93784.983.65$10,716
Sep 201102,99683.623.99$11,941
Aug 201102,52283.404.15$10,465
Jul 201102,69194.144.52$12,156
Jun 201102,65292.904.64$12,305
May 201102,81898.134.40$12,413
Apr 201102,783105.964.33$12,060
Mar 201103,01596.364.06$12,233
Feb 201102,37085.644.18$9,907
Jan 201102,96086.504.59$13,583
Dec 201002,91385.734.35$12,665
Nov 201002,97580.843.80$11,291
Oct 201002,86578.103.51$10,053
Sep 201002,61772.633.98$10,414
Aug 201003,02173.684.42$13,351
Jul 201003,40572.554.74$16,128
Jun 201002,83770.364.91$13,931
May 201002,73071.124.24$11,562
Apr 201002,75581.694.12$11,358
Mar 201003,21278.394.39$14,096
Feb 201003,06973.585.44$16,703
Jan 201002,77374.365.96$16,538
Dec 200903,16071.445.48$17,329
Nov 200902,79174.593.75$10,470
Oct 200902,97772.544.11$12,236
Sep 200902,77765.543.06$8,511
Aug 200903,20767.423.22$10,322
Jul 200903,37861.133.46$11,703
Jun 200903,49566.163.90$13,613
May 200903,34354.743.93$13,124
Apr 200913,28346.773.59$11,825
Mar 200913,47842.144.06$14,159
Feb 200903,23732.814.63$14,997
Jan 200903,71035.865.37$19,926
Dec 200803,83637.105.98$22,928
Nov 200803,83555.496.86$26,309
Oct 200803,96875.246.92$27,466
Sep 200803,543101.767.88$27,909
Aug 200803,692114.228.48$31,319
Jul 200803,967131.0811.39$45,182
Jun 200803,966131.3313.03$51,687
May 200803,739123.1711.57$43,276
Apr 200803,830110.3110.45$40,042
Mar 200814,238101.909.66$41,058
Feb 200814,15292.538.77$36,508
Jan 200804,50690.388.21$36,975
Dec 200705,10188.337.30$37,247
Nov 200705,30991.677.29$38,712
Oct 200705,35882.856.92$37,088
Sep 200705,42975.846.24$33,900
Aug 200706,05669.066.39$38,685
Jul 200705,46470.906.39$34,904
Jun 200725,99662.007.55$45,385
May 200706,45658.747.85$50,656
Apr 200705,57559.617.81$43,514
Mar 200706,01556.927.30$43,921
Feb 200705,13655.108.22$42,197
Jan 200705,76550.306.73$38,780
Dec 200606,16956.656.92$42,680
Nov 200606,84654.207.62$52,149
Oct 200607,59854.906.01$45,693
Sep 200607,21260.085.04$36,328
Aug 200607,71568.717.34$56,627
Jul 200628,22269.376.34$52,289
Jun 200618,65266.286.38$55,300
May 200609,53966.016.42$61,288
Apr 200608,49864.397.36$62,549
Mar 2006010,76056.707.08$76,212
Feb 2006010,41557.597.75$80,728
Jan 2006011,12660.598.93$99,392
Dec 2005011,62354.9413.42$155,927
Nov 200519,46254.6910.59$100,242
Oct 2005010,66458.3413.80$147,118
Sep 2005410,48561.4512.08$126,894
Aug 2005211,85361.519.80$116,245
Jul 2005112,71855.697.84$99,811
Jun 2005215,53352.337.38$114,754
May 2005016,33845.226.65$108,667
Apr 2005018,55049.207.36$136,537
Mar 2005627,32850.377.15$195,831
Feb 20052733,34145.226.31$211,667

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                  953 Mcf  × $  3.05 =     $2,903

────────────────────────────────────────────────────
Month total                                   $2,903

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/208098 is the state's own key, not one this site invented.