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 217647District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Nov 2005 – May 2026
Value, last 12 filed months
$508
at the published price for each month
Months reported
247
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 Gas112006-08-21166941
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
CondensateDisposition263 bbl$19,312
GasProduction807,408 Mcf$5,995,579
Total$6,014,892

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 31.6489, -96.1989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64887, -96.19888 · 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
12,686 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 12,686 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-16133089612,686 ftNov 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 (247)

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

247 months

May 202600106.413.05$0
Apr 202601398.932.87$37
Mar 20260389.753.15$9
Feb 202602663.503.75$98
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202503858.593.93$149
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250263.933.01$6
Jul 202506366.743.32$209
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250474.324.28$17
Dec 2024011668.993.12$362
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240373.023.30$10
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202302885.443.09$86
Sep 20230389.042.74$8
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202301570.622.23$33
Apr 20230178.122.24$2
Mar 20230472.852.39$10
Feb 202303375.112.47$81
Jan 20230076.533.39$0
Dec 20220276.415.73$11
Nov 20220085.005.65$0
Oct 20220287.185.86$12
Sep 202204284.888.16$343
Aug 20220094.529.13$0
Jul 202203101.587.54$23
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022010104.226.84$68
Mar 202200108.885.08$0
Feb 20220291.054.86$10
Jan 202202281.844.54$100
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202102179.795.71$120
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210269.493.38$7
May 20210863.483.02$24
Apr 20210760.362.76$19
Mar 202101761.302.72$46
Feb 20210057.805.55$0
Jan 202101150.412.81$31
Dec 20200944.642.68$24
Nov 202001238.772.71$32
Oct 202001336.972.48$32
Sep 202001837.091.99$36
Aug 20200739.982.39$17
Jul 2020010738.371.83$195
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200857.252.09$17
Dec 20190059.012.30$0
Nov 20190955.302.75$25
Oct 201903553.472.42$85
Sep 20190755.052.66$19
Aug 20190753.112.30$16
Jul 201902956.272.46$71
Jun 20190352.782.49$7
May 201903058.482.74$82
Apr 20190462.632.75$11
Mar 201903556.803.06$107
Feb 20190450.852.79$11
Jan 201908146.033.23$261
Dec 20180446.594.19$17
Nov 201801652.934.24$68
Oct 20180261.443.40$7
Sep 20180759.543.11$22
Aug 201802359.403.07$71
Jul 201803765.142.93$108
Jun 20180060.183.08$0
May 201802565.382.90$73
Apr 201802763.842.90$78
Mar 20180061.222.79$0
Feb 201801261.782.77$33
Jan 201806462.874.01$257
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201705747.523.09$176
Aug 20170045.373.00$0
Jul 201701243.873.09$37
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201703047.933.21$96
Mar 20170046.772.98$0
Feb 20170950.452.95$27
Jan 201701449.413.42$48
Dec 201601948.763.72$71
Nov 201602142.492.64$56
Oct 20160246.193.09$6
Sep 2016011641.553.10$360
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201602145.352.69$56
May 20160042.521.99$0
Apr 2016014436.561.99$287
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015016532.362.00$330
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015031140.162.87$893
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015022542.892.93$660
Feb 20150044.662.98$0
Jan 2015017243.433.10$533
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014013278.303.90$515
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201401198.164.74$52
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013030794.403.93$1,208
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201308991.603.42$304
Dec 201207286.773.42$246
Nov 2012011586.953.62$417
Oct 2012013589.383.40$459
Sep 2012023594.672.92$686
Aug 2012013592.662.91$393
Jul 2012016285.133.02$489
Jun 2012016379.822.52$411
May 2012010891.612.49$269
Apr 20120118101.652.00$236
Mar 20120188105.052.22$418
Feb 20120111101.102.57$285
Jan 201209098.092.73$246
Dec 201102596.873.24$81
Nov 2011010395.723.31$341
Oct 2011013984.983.65$507
Sep 201104683.623.99$183
Aug 201109283.404.15$382
Jul 201109294.144.52$416
Jun 201107192.904.64$329
May 20110698.134.40$26
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201003,30278.103.51$11,586
Sep 201004,73472.633.98$18,839
Aug 201004,63873.684.42$20,497
Jul 201004,90172.554.74$23,214
Jun 201005,04270.364.91$24,758
May 201004,60971.124.24$19,520
Apr 201005,02881.694.12$20,729
Mar 201005,42878.394.39$23,822
Feb 201005,57673.585.44$30,347
Jan 201004,01874.365.96$23,964
Dec 200906,04471.445.48$33,144
Nov 200908,13074.593.75$30,500
Oct 200903,83472.544.11$15,759
Sep 200907,47965.543.06$22,921
Aug 200904,37867.423.22$14,091
Jul 200907,13361.133.46$24,712
Jun 200906,02166.163.90$23,452
May 200907,15154.743.93$28,073
Apr 200906,73446.773.59$24,158
Mar 200978,79042.144.06$35,974
Feb 200945,35632.814.63$24,946
Jan 200977,67335.865.37$41,463
Dec 200807,22637.105.98$43,191
Nov 200826,56855.496.86$45,170
Oct 200826,86475.246.92$47,663
Sep 200876,844101.767.88$54,623
Aug 200858,691114.228.48$74,297
Jul 200868,942131.0811.39$102,631
Jun 200849,695131.3313.03$126,877
May 200888,519123.1711.57$99,587
Apr 200879,235110.3110.45$97,323
Mar 2008811,138101.909.66$108,454
Feb 2008710,37892.538.77$91,669
Jan 2008711,62890.388.21$96,049
Dec 2007910,78688.337.30$79,554
Nov 2007711,83891.677.29$86,961
Oct 2007712,96482.856.92$90,317
Sep 2007413,08675.846.24$82,014
Aug 2007512,79969.066.39$82,105
Jul 2007613,39370.906.39$85,979
Jun 2007714,61462.007.55$110,747
May 2007013,19758.747.85$103,547
Apr 2007915,42659.617.81$120,940
Mar 2007617,47056.927.30$127,907
Feb 2007516,37355.108.22$134,796
Jan 2007718,89050.306.73$127,422
Dec 2006619,23056.656.92$133,382
Nov 20061119,36354.207.62$148,093
Oct 2006820,42354.906.01$123,259
Sep 2006920,94860.085.04$106,060
Aug 20061023,57268.717.34$173,704
Jul 20061527,19069.376.34$173,500
Jun 20061423,83066.286.38$153,056
May 20061127,58266.016.42$177,940
Apr 20061628,40764.397.36$210,119
Mar 20061034,67256.707.08$246,146
Feb 2006037,00057.597.75$286,791
Jan 2006037,85260.598.93$338,144
Dec 2005045,83254.9413.42$614,855
Nov 2005033,74554.6910.59$357,306

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   13 Mcf  × $  2.87 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/217647 is the state's own key, not one this site invented.