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 214630District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jul 2005 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
251
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 Gas112006-05-03165089
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
CondensateDisposition74 bbl$4,669
GasProduction1,255,330 Mcf$7,453,974
Total$7,458,643

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, -96.4366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24822, -96.43656 · 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
13,024 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 13,024 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-395309811013,024 ftJul 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 (251)

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

251 months

May 202601,797106.413.05$5,473
Apr 202601,71798.932.87$4,927
Mar 202601,85089.753.15$5,826
Feb 202601,69263.503.75$6,346
Jan 202601,68259.138.00$13,453
Dec 202501,72956.664.41$7,631
Nov 202501,84258.593.93$7,233
Oct 202501,89559.383.30$6,263
Sep 202501,93362.743.08$5,948
Aug 202501,67963.933.01$5,062
Jul 202501,96766.743.32$6,521
Jun 202501,81766.483.13$5,685
May 202502,01260.553.23$6,503
Apr 202502,18462.363.54$7,738
Mar 202502,53367.704.27$10,812
Feb 202501,76170.884.34$7,644
Jan 202502,29174.324.28$9,802
Dec 202402,53968.993.12$7,925
Nov 202402,37469.052.20$5,219
Oct 202402,45071.372.28$5,589
Sep 202402,38469.612.36$5,637
Aug 202402,36075.632.06$4,870
Jul 202402,13179.932.15$4,574
Jun 202402,65978.082.63$7,004
May 202403,55878.812.20$7,822
Apr 202402,75484.451.66$4,569
Mar 202402,14680.301.55$3,316
Feb 202402,26076.091.78$4,031
Jan 202402,19973.023.30$7,252
Dec 202303,64971.262.61$9,527
Nov 202304,06877.892.81$11,421
Oct 202305,13285.443.09$15,844
Sep 202301,00889.042.74$2,757
Aug 202302,02380.522.67$5,407
Jul 202301,88774.852.64$4,985
Jun 202301,61468.962.26$3,645
May 202301,52970.622.23$3,406
Apr 202301,10678.122.24$2,475
Mar 202301,17972.852.39$2,822
Feb 2023097775.112.47$2,409
Jan 202301,08476.533.39$3,672
Dec 202201,44376.415.73$8,267
Nov 202201,54885.005.65$8,740
Oct 202201,83787.185.86$10,772
Sep 202201,35484.888.16$11,054
Aug 202201,69394.529.13$15,452
Jul 202201,729101.587.54$13,040
Jun 202201,944115.097.98$15,508
May 202201,869109.378.43$15,761
Apr 202201,922104.226.84$13,142
Mar 202201,732108.885.08$8,792
Feb 202201,67191.054.86$8,119
Jan 202201,95081.844.54$8,848
Dec 202101,85671.323.90$7,237
Nov 202101,81977.435.24$9,526
Oct 202102,02879.795.71$11,588
Sep 202101,87669.865.35$10,038
Aug 202102,18166.024.22$9,205
Jul 202102,02470.783.98$8,060
Jun 202102,02769.493.38$6,853
May 202101,74563.483.02$5,266
Apr 202101,96560.362.76$5,420
Mar 202102,60161.302.72$7,067
Feb 202101,74557.805.55$9,681
Jan 202101,73950.412.81$4,887
Dec 202001,75044.642.68$4,682
Nov 202001,63238.772.71$4,417
Oct 202001,68936.972.48$4,186
Sep 202001,91937.091.99$3,821
Aug 202001,74939.982.39$4,172
Jul 202001,99538.371.83$3,641
Jun 202001,83034.901.69$3,093
May 202002,07716.921.81$3,769
Apr 202001,69914.751.80$3,066
Mar 202001,79730.341.86$3,336
Feb 202001,65849.881.98$3,284
Jan 202001,73557.252.09$3,634
Dec 201901,95759.012.30$4,510
Nov 201901,92155.302.75$5,284
Oct 201901,95153.472.42$4,719
Sep 201901,89155.052.66$5,025
Aug 201901,98353.112.30$4,570
Jul 201901,90056.272.46$4,674
Jun 201901,67852.782.49$4,180
May 201901,78658.482.74$4,894
Apr 201901,73062.632.75$4,759
Mar 201901,97556.803.06$6,048
Feb 201901,78150.852.79$4,973
Jan 201902,13046.033.23$6,876
Dec 201803,25746.594.19$13,632
Nov 201801,63752.934.24$6,936
Oct 201802,10961.443.40$7,167
Sep 201802,26559.543.11$7,040
Aug 201802,45159.403.07$7,516
Jul 201802,38765.142.93$6,998
Jun 201802,22260.183.08$6,837
May 201802,57165.382.90$7,458
Apr 201802,74763.842.90$7,969
Mar 201802,75961.222.79$7,689
Feb 201802,64361.782.77$7,311
Jan 201803,20662.874.01$12,854
Dec 201703,23257.272.92$9,442
Nov 201703,22055.423.12$10,041
Oct 201703,20449.292.98$9,560
Sep 201703,22047.523.09$9,941
Aug 201703,20045.373.00$9,614
Jul 201703,08143.873.09$9,512
Jun 201702,86542.493.09$8,845
May 201703,08445.373.26$10,064
Apr 201702,98647.933.21$9,590
Mar 201703,14046.772.98$9,369
Feb 201702,87350.452.95$8,483
Jan 201703,33649.413.42$11,405
Dec 201603,34048.763.72$12,434
Nov 201603,28142.492.64$8,676
Oct 201603,38946.193.09$10,473
Sep 201603,29041.553.10$10,201
Aug 201603,42341.442.92$10,010
Jul 201603,33741.622.92$9,759
Jun 201603,20045.352.69$8,595
May 201603,35742.521.99$6,684
Apr 201603,31936.561.99$6,608
Mar 201603,33933.011.79$5,990
Feb 201603,12226.472.06$6,443
Jan 201603,35527.352.36$7,932
Dec 201503,33632.362.00$6,677
Nov 201503,26938.792.17$7,085
Oct 201503,38743.552.43$8,219
Sep 201513,33042.992.76$9,229
Aug 201503,33340.162.87$9,574
Jul 201503,56848.152.95$10,508
Jun 201502,92256.152.88$8,424
May 201503,72655.212.96$11,012
Apr 201503,71349.822.71$10,049
Mar 201504,11142.892.93$12,065
Feb 201501,91344.662.98$5,693
Jan 201503,12843.433.10$9,699
Dec 201403,55554.693.59$12,767
Nov 201403,02670.464.25$12,866
Oct 201404,20678.303.90$16,407
Sep 201403,80186.164.05$15,377
Aug 201403,95989.394.04$15,975
Jul 201404,07796.564.18$17,040
Jun 201403,95598.164.74$18,734
May 201404,09094.734.73$19,332
Apr 201404,16495.944.81$20,025
Mar 201404,33295.895.06$21,906
Feb 201404,02297.406.19$24,904
Jan 201404,58690.404.86$22,291
Dec 201304,50291.824.35$19,604
Nov 201304,32588.853.74$16,168
Oct 201303,65597.423.78$13,814
Sep 201303,830104.113.72$14,239
Aug 201304,189104.253.52$14,756
Jul 201303,879102.523.72$14,421
Jun 201304,00794.403.93$15,761
May 201304,16694.834.15$17,285
Apr 201304,44993.964.28$19,053
Mar 201304,12093.623.91$16,121
Feb 201303,47691.233.42$11,888
Jan 201303,87091.603.42$13,235
Dec 201203,10686.773.42$10,623
Nov 201203,81686.953.62$13,833
Oct 201204,40889.383.40$14,986
Sep 201204,70794.672.92$13,737
Aug 201204,27092.662.91$12,418
Jul 201204,67685.133.02$14,125
Jun 201204,59279.822.52$11,567
May 201204,88091.612.49$12,143
Apr 201204,607101.652.00$9,199
Mar 201204,945105.052.22$10,988
Feb 201204,706101.102.57$12,096
Jan 201205,07998.092.73$13,886
Dec 201104,60396.873.24$14,913
Nov 201104,89895.723.31$16,219
Oct 201105,05684.983.65$18,447
Sep 201104,78483.623.99$19,068
Aug 201105,06483.404.15$21,012
Jul 201104,72994.144.52$21,362
Jun 201104,80792.904.64$22,304
May 201105,23398.134.40$23,050
Apr 201105,040105.964.33$21,840
Mar 201105,40396.364.06$21,922
Feb 201104,60585.644.18$19,249
Jan 201105,41286.504.59$24,834
Dec 201005,55885.734.35$24,165
Nov 201005,65680.843.80$21,466
Oct 201005,44178.103.51$19,092
Sep 201005,28772.633.98$21,039
Aug 201005,83973.684.42$25,805
Jul 201005,97272.554.74$28,286
Jun 201005,90270.364.91$28,981
May 201006,24571.124.24$26,449
Apr 201005,81181.694.12$23,957
Mar 201006,14078.394.39$26,946
Feb 201005,57973.585.44$30,363
Jan 201006,40674.365.96$38,206
Dec 200906,32471.445.48$34,679
Nov 200906,39374.593.75$23,983
Oct 200906,71372.544.11$27,592
Sep 200906,24265.543.06$19,130
Aug 200906,69467.423.22$21,545
Jul 200906,87961.133.46$23,832
Jun 200916,87266.163.90$26,833
May 200906,31354.743.93$24,783
Apr 200916,43446.773.59$23,129
Mar 200916,73042.144.06$27,359
Feb 200906,13832.814.63$28,437
Jan 200916,49735.865.37$34,931
Dec 200806,74837.105.98$40,334
Nov 200806,36755.496.86$43,680
Oct 200806,88775.246.92$47,672
Sep 200807,014101.767.88$55,250
Aug 200806,540114.228.48$55,479
Jul 200807,106131.0811.39$80,933
Jun 200807,087131.3313.03$92,362
May 200806,939123.1711.57$80,314
Apr 200816,944110.3110.45$72,709
Mar 200828,010101.909.66$77,613
Feb 200817,45192.538.77$65,442
Jan 200817,96590.388.21$65,449
Dec 200708,62988.337.30$63,009
Nov 200707,39291.677.29$53,900
Oct 200707,97482.856.92$55,196
Sep 200718,84475.846.24$55,299
Aug 200728,82969.066.39$56,537
Jul 200708,81470.906.39$56,303
Jun 200738,64462.007.55$65,435
May 2007010,99858.747.85$86,293
Apr 200719,39059.617.81$73,350
Mar 2007010,44056.927.30$76,233
Feb 200719,27055.108.22$76,217
Jan 2007011,79250.306.73$79,323
Dec 2006012,24456.656.92$84,709
Nov 2006112,19354.207.62$92,934
Oct 2006113,61454.906.01$81,927
Sep 2006013,85460.085.04$69,785
Aug 2006015,72368.717.34$115,406
Jul 2006515,96469.376.34$101,603
Jun 2006216,02866.286.38$102,453
May 2006017,16466.016.42$110,279
Apr 2006017,53264.397.36$129,044
Mar 2006020,05356.707.08$142,034
Feb 2006119,62857.597.75$152,197
Jan 2006224,65860.598.93$220,399
Dec 2005131,37754.9413.42$420,990
Nov 2005216,68254.6910.59$176,745
Oct 2005027,10658.3413.80$373,948
Sep 20051433,18861.4512.08$401,738
Aug 20052247,92661.519.80$470,877
Jul 2005523,44555.697.84$184,173

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                1,797 Mcf  × $  3.05 =     $5,473

────────────────────────────────────────────────────
Month total                                   $5,473

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/214630 is the state's own key, not one this site invented.