STANDLEY 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 208409District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Feb 2005 – May 2026
Value, last 12 filed months
$165 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 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 Gas112006-09-19161321
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
CondensateDisposition772 bbl$41,059
GasProduction1,796,039 Mcf$9,589,556
Total$9,630,615

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 31.4278, -96.3180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42777, -96.31805 · 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
13,634 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 13,634 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-29331611613,634 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 202603,312106.413.05$10,088
Apr 202603,57798.932.87$10,265
Mar 202603,73989.753.15$11,776
Feb 202603,36963.503.75$12,635
Jan 202603,79959.138.00$30,384
Dec 202503,74456.664.41$16,524
Nov 202503,56358.593.93$13,990
Oct 202503,78659.383.30$12,512
Sep 202503,87762.743.08$11,929
Aug 202503,87863.933.01$11,691
Jul 202503,52366.743.32$11,679
Jun 202513,73366.483.13$11,746
May 202514,02860.553.23$13,080
Apr 202513,73562.363.54$13,296
Mar 202503,88267.704.27$16,570
Feb 202503,55870.884.34$15,445
Jan 202513,60774.324.28$15,508
Dec 202403,87368.993.12$12,089
Nov 202403,78669.052.20$8,323
Oct 202413,80371.372.28$8,748
Sep 202403,59569.612.36$8,500
Aug 202413,94275.632.06$8,210
Jul 202413,78079.932.15$8,194
Jun 202403,48178.082.63$9,169
May 202413,83178.812.20$8,501
Apr 202413,66184.451.66$6,159
Mar 202403,86280.301.55$5,967
Feb 202403,68676.091.78$6,575
Jan 202403,80573.023.30$12,548
Dec 202303,98771.262.61$10,409
Nov 202303,68177.892.81$10,335
Oct 202303,80085.443.09$11,732
Sep 202303,67189.042.74$10,040
Aug 202303,87680.522.67$10,360
Jul 202303,79974.852.64$10,036
Jun 202303,90768.962.26$8,824
May 202303,96870.622.23$8,838
Apr 202303,93478.122.24$8,803
Mar 202304,28672.852.39$10,257
Feb 202303,78675.112.47$9,335
Jan 202304,30076.533.39$14,567
Dec 202204,28276.415.73$24,532
Nov 202204,50685.005.65$25,442
Oct 202204,37387.185.86$25,642
Sep 202203,93284.888.16$32,100
Aug 202204,12794.529.13$37,668
Jul 202203,980101.587.54$30,017
Jun 202204,331115.097.98$34,549
May 202204,270109.378.43$36,009
Apr 202203,682104.226.84$25,176
Mar 202204,062108.885.08$20,620
Feb 202203,68491.054.86$17,900
Jan 202204,07481.844.54$18,487
Dec 202103,81071.323.90$14,856
Nov 202104,02777.435.24$21,089
Oct 202104,30379.795.71$24,587
Sep 202103,94569.865.35$21,109
Aug 202103,98266.024.22$16,806
Jul 202104,06770.783.98$16,195
Jun 202103,47669.493.38$11,751
May 202104,23263.483.02$12,771
Apr 202103,56760.362.76$9,839
Mar 202103,97461.302.72$10,797
Feb 202103,82357.805.55$21,210
Jan 202105,51150.412.81$15,487
Dec 202005,11444.642.68$13,682
Nov 202004,90738.772.71$13,281
Oct 202004,31336.972.48$10,689
Sep 202003,45737.091.99$6,883
Aug 202003,61339.982.39$8,617
Jul 202003,58738.371.83$6,547
Jun 202004,07834.901.69$6,893
May 202004,40116.921.81$7,987
Apr 202004,91114.751.80$8,861
Mar 202005,18130.341.86$9,617
Feb 202004,18049.881.98$8,279
Jan 202004,73557.252.09$9,919
Dec 201905,71459.012.30$13,167
Nov 201904,26955.302.75$11,743
Oct 201904,58553.472.42$11,089
Sep 201905,16555.052.66$13,725
Aug 201904,59653.112.30$10,591
Jul 201904,84756.272.46$11,924
Jun 201904,79452.782.49$11,943
May 201904,93158.482.74$13,513
Apr 201904,34262.632.75$11,944
Mar 201904,51956.803.06$13,838
Feb 201904,11950.852.79$11,501
Jan 201904,73746.033.23$15,292
Dec 201804,76646.594.19$19,948
Nov 201804,75252.934.24$20,135
Oct 201804,89561.443.40$16,634
Sep 201805,13459.543.11$15,956
Aug 201804,40959.403.07$13,520
Jul 201804,83865.142.93$14,184
Jun 201804,70260.183.08$14,468
May 201805,01965.382.90$14,559
Apr 201804,50263.842.90$13,059
Mar 201804,99461.222.79$13,917
Feb 201804,29561.782.77$11,880
Jan 201805,02062.874.01$20,127
Dec 201704,45157.272.92$13,004
Nov 201704,71955.423.12$14,716
Oct 201704,93749.292.98$14,730
Sep 201704,89147.523.09$15,100
Aug 201705,06745.373.00$15,223
Jul 201705,11343.873.09$15,785
Jun 201705,03442.493.09$15,541
May 201704,98545.373.26$16,268
Apr 201704,96247.933.21$15,936
Mar 201704,98846.772.98$14,883
Feb 201704,58950.452.95$13,549
Jan 201705,01649.413.42$17,149
Dec 201605,08948.763.72$18,945
Nov 201604,97842.492.64$13,164
Oct 201605,11346.193.09$15,801
Sep 201604,97841.553.10$15,435
Aug 201605,29541.442.92$15,484
Jul 201605,29241.622.92$15,476
Jun 201605,01545.352.69$13,469
May 201605,19342.521.99$10,339
Apr 201605,19636.561.99$10,345
Mar 201605,17333.011.79$9,280
Feb 201604,88026.472.06$10,071
Jan 201605,17227.352.36$12,228
Dec 201505,31532.362.00$10,637
Nov 201505,23638.792.17$11,348
Oct 201505,42643.552.43$13,167
Sep 201505,22142.992.76$14,402
Aug 201505,30740.162.87$15,244
Jul 201505,45048.152.95$16,051
Jun 201505,62656.152.88$16,219
May 201505,20955.212.96$15,395
Apr 201505,40049.822.71$14,615
Mar 201505,36542.892.93$15,745
Feb 201505,05244.662.98$15,036
Jan 201505,69343.433.10$17,652
Dec 20141765,64554.693.59$29,899
Nov 201405,23170.464.25$22,241
Oct 201405,53078.303.90$21,572
Sep 201405,46886.164.05$22,120
Aug 201405,51289.394.04$22,242
Jul 201405,72496.564.18$23,924
Jun 201405,66398.164.74$26,825
May 201405,74994.734.73$27,173
Apr 201405,77695.944.81$27,777
Mar 201405,96295.895.06$30,149
Feb 201405,42597.406.19$33,592
Jan 201406,03690.404.86$29,339
Dec 201306,24091.824.35$27,172
Nov 201305,71388.853.74$21,357
Oct 201305,93497.423.78$22,427
Sep 201305,688104.113.72$21,147
Aug 201305,925104.253.52$20,871
Jul 201306,126102.523.72$22,775
Jun 201305,92994.403.93$23,321
May 201306,22994.834.15$25,845
Apr 201305,83293.964.28$24,976
Mar 201306,09093.623.91$23,829
Feb 201305,64891.233.42$19,316
Jan 201306,32091.603.42$21,614
Dec 201206,19786.773.42$21,195
Nov 201206,05786.953.62$21,956
Oct 201206,23989.383.40$21,211
Sep 201206,11194.672.92$17,834
Aug 201206,70692.662.91$19,502
Jul 201206,24885.133.02$18,874
Jun 201206,21779.822.52$15,661
May 201206,52691.612.49$16,239
Apr 201206,277101.652.00$12,534
Mar 201206,686105.052.22$14,857
Feb 201206,327101.102.57$16,262
Jan 201206,61398.092.73$18,080
Dec 201106,61996.873.24$21,444
Nov 201106,72695.723.31$22,272
Oct 201106,91284.983.65$25,219
Sep 201106,85283.623.99$27,311
Aug 201106,90083.404.15$28,630
Jul 201107,22594.144.52$32,637
Jun 201106,84092.904.64$31,737
May 201107,25198.134.40$31,939
Apr 201107,227105.964.33$31,317
Mar 201107,24896.364.06$29,408
Feb 201106,55185.644.18$27,383
Jan 201107,22786.504.59$33,163
Dec 201007,50585.734.35$32,630
Nov 201007,00480.843.80$26,582
Oct 201007,62978.103.51$26,769
Sep 201007,46072.633.98$29,687
Aug 201008,00673.684.42$35,381
Jul 201008,15372.554.74$38,617
Jun 201007,27070.364.91$35,699
May 201007,80771.124.24$33,064
Apr 201007,45681.694.12$30,739
Mar 201017,99078.394.39$35,144
Feb 201007,40473.585.44$40,295
Jan 201018,28274.365.96$49,469
Dec 200908,25871.445.48$45,285
Nov 200908,19074.593.75$30,725
Oct 200908,33572.544.11$34,259
Sep 200908,27065.543.06$25,345
Aug 200908,92767.423.22$28,732
Jul 200908,70061.133.46$30,141
Jun 200918,51366.163.90$33,224
May 200908,79354.743.93$34,519
Apr 200918,53746.773.59$30,673
Mar 200919,13342.144.06$37,113
Feb 20091798,19632.814.63$43,845
Jan 200929,41635.865.37$50,645
Dec 200809,73437.105.98$58,181
Nov 200809,45655.496.86$64,872
Oct 2008010,00675.246.92$69,261
Sep 200809,487101.767.88$74,730
Aug 200809,798114.228.48$83,117
Jul 2008110,068131.0811.39$114,800
Jun 200839,850131.3313.03$128,765
May 2008110,571123.1711.57$122,475
Apr 200819,830110.3110.45$102,882
Mar 2008710,252101.909.66$99,789
Feb 2008810,19892.538.77$90,183
Jan 2008511,03990.388.21$91,035
Dec 2007111,01288.337.30$80,498
Nov 2007110,85191.677.29$79,214
Oct 2007411,32482.856.92$78,716
Sep 2007611,57175.846.24$72,706
Aug 2007212,37769.066.39$79,202
Jul 2007311,84670.906.39$75,884
Jun 2007212,55462.007.55$94,887
May 2007011,95458.747.85$93,794
Apr 200718611,81659.617.81$103,314
Mar 2007213,43156.927.30$98,187
Feb 2007111,82555.108.22$97,209
Jan 2007012,13450.306.73$81,624
Dec 2006113,65356.656.92$94,514
Nov 2006113,74354.207.62$104,741
Oct 2006114,33854.906.01$86,281
Sep 2006414,14960.085.04$71,512
Aug 2006215,59168.717.34$114,574
Jul 2006315,84569.376.34$100,709
Jun 2006815,46266.286.38$99,238
May 2006716,93866.016.42$109,289
Apr 2006615,46564.397.36$114,216
Mar 2006117,75656.707.08$125,821
Feb 20061316,57057.597.75$129,185
Jan 20061016,05560.598.93$144,030
Dec 20051217,94854.9413.42$241,439
Nov 20051424,39554.6910.59$259,070
Oct 2005821,43058.3413.80$296,110
Sep 2005417,41661.4512.08$210,614
Aug 2005416,39761.519.80$160,885
Jul 2005416,70355.697.84$131,235
Jun 2005920,00552.337.38$148,129
May 20051123,08345.226.65$154,026
Apr 20051531,59549.207.36$233,292
Mar 2005046,58650.377.15$333,317
Feb 20052913,84445.226.31$88,694

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                3,312 Mcf  × $  3.05 =    $10,088

────────────────────────────────────────────────────
Month total                                  $10,088

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/208409 is the state's own key, not one this site invented.