OAKES, T.C. ESTATE GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FREESTONE (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 218096District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Dec 2005 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
246
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112006-08-21167860
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
CondensateDisposition7 bbl$628
GasProduction538,309 Mcf$3,003,977
Total$3,004,604

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 31.4810, -96.2766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48104, -96.27660 · 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
13,325 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 13,325 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-16133144513,325 ftMar 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 (246)

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

246 months

May 20260594106.413.05$1,809
Apr 2026043798.932.87$1,254
Mar 2026079489.753.15$2,501
Feb 202601,07863.503.75$4,043
Jan 2026020159.138.00$1,608
Dec 2025091956.664.41$4,056
Nov 202501,20458.593.93$4,727
Oct 202501,12359.383.30$3,711
Sep 202501,10062.743.08$3,385
Aug 202501,11563.933.01$3,361
Jul 202501,16166.743.32$3,849
Jun 202501,18866.483.13$3,717
May 202501,20660.553.23$3,898
Apr 202501,22762.363.54$4,347
Mar 202501,29767.704.27$5,536
Feb 202501,37370.884.34$5,960
Jan 202501,16374.324.28$4,976
Dec 202401,43768.993.12$4,485
Nov 202401,69869.052.20$3,733
Oct 202401,65171.372.28$3,767
Sep 202402,08869.612.36$4,937
Aug 202413,36175.632.06$7,011
Jul 202404979.932.15$105
Jun 202402578.082.63$66
May 202404178.812.20$90
Apr 202404784.451.66$78
Mar 202406780.301.55$104
Feb 2024016476.091.78$293
Jan 202421,37873.023.30$4,690
Dec 202302,24571.262.61$5,861
Nov 202302,85277.892.81$8,007
Oct 202302485.443.09$74
Sep 202306389.042.74$172
Aug 202308780.522.67$233
Jul 2023010074.852.64$264
Jun 2023016968.962.26$382
May 2023021070.622.23$468
Apr 2023025878.122.24$577
Mar 2023062672.852.39$1,498
Feb 202301,25075.112.47$3,082
Jan 202301,49576.533.39$5,065
Dec 202201,51876.415.73$8,697
Nov 202201,47785.005.65$8,339
Oct 202201,88887.185.86$11,071
Sep 202203,00984.888.16$24,565
Aug 202204,06094.529.13$37,056
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210966.024.22$38
Jul 202103470.783.98$135
Jun 202109269.493.38$311
May 2021064963.483.02$1,958
Apr 202101,09860.362.76$3,029
Mar 2021047361.302.72$1,285
Feb 2021087657.805.55$4,860
Jan 202102,02050.412.81$5,677
Dec 2020074944.642.68$2,004
Nov 2020020238.772.71$547
Oct 202001,15736.972.48$2,868
Sep 2020042837.091.99$852
Aug 202001,54239.982.39$3,678
Jul 2020019538.371.83$356
Jun 2020028834.901.69$487
May 202001,73816.921.81$3,154
Apr 2020017114.751.80$309
Mar 2020035130.341.86$652
Feb 202001,06849.881.98$2,115
Jan 202001,22257.252.09$2,560
Dec 201901,75659.012.30$4,046
Nov 201903,79355.302.75$10,433
Oct 2019010853.472.42$261
Sep 201906455.052.66$170
Aug 2019042253.112.30$972
Jul 2019096256.272.46$2,367
Jun 2019034652.782.49$862
May 2019014458.482.74$395
Apr 201901,47662.632.75$4,060
Mar 2019061156.803.06$1,871
Feb 2019021550.852.79$600
Jan 201909246.033.23$297
Dec 2018019146.594.19$799
Nov 201804,01552.934.24$17,013
Oct 201805,26361.443.40$17,884
Sep 201805,06759.543.11$15,748
Aug 201804,33059.403.07$13,278
Jul 201801,86565.142.93$5,468
Jun 201801,70260.183.08$5,237
May 201801,66465.382.90$4,827
Apr 201801,56963.842.90$4,551
Mar 201801,91161.222.79$5,326
Feb 201801,40661.782.77$3,889
Jan 201801,88462.874.01$7,554
Dec 201701,71557.272.92$5,010
Nov 201702,23455.423.12$6,966
Oct 201702,56849.292.98$7,662
Sep 201702,54547.523.09$7,857
Aug 201702,74345.373.00$8,241
Jul 201703,60243.873.09$11,120
Jun 201705,43842.493.09$16,789
May 201703,44945.373.26$11,255
Apr 201706647.933.21$212
Mar 201707246.772.98$215
Feb 201706350.452.95$186
Jan 201707449.413.42$253
Dec 201608348.763.72$309
Nov 2016011042.492.64$291
Oct 2016010546.193.09$324
Sep 201606641.553.10$205
Aug 2016011141.442.92$325
Jul 2016010341.622.92$301
Jun 2016010745.352.69$287
May 2016012042.521.99$239
Apr 2016013436.561.99$267
Mar 2016016533.011.79$296
Feb 2016026026.472.06$537
Jan 2016034327.352.36$811
Dec 2015029032.362.00$580
Nov 2015020838.792.17$451
Oct 2015012143.552.43$294
Sep 2015011242.992.76$309
Aug 2015021940.162.87$629
Jul 2015016048.152.95$471
Jun 2015014656.152.88$421
May 2015017355.212.96$511
Apr 2015014749.822.71$398
Mar 2015018742.892.93$549
Feb 2015021944.662.98$652
Jan 2015023943.433.10$741
Dec 2014016754.693.59$600
Nov 2014017770.464.25$753
Oct 2014012878.303.90$499
Sep 2014016886.164.05$680
Aug 2014033989.394.04$1,368
Jul 2014055496.564.18$2,316
Jun 2014075098.164.74$3,553
May 201401,16994.734.73$5,525
Apr 2014089995.944.81$4,323
Mar 2014095895.895.06$4,844
Feb 2014060097.406.19$3,715
Jan 2014070490.404.86$3,422
Dec 2013052191.824.35$2,269
Nov 201301,65688.853.74$6,191
Oct 201301,50597.423.78$5,688
Sep 201301,512104.113.72$5,621
Aug 201301,767104.253.52$6,224
Jul 201302,057102.523.72$7,647
Jun 201302,13294.403.93$8,386
May 201301,92594.834.15$7,987
Apr 201301,92193.964.28$8,227
Mar 201301,61493.623.91$6,315
Feb 201301,77991.233.42$6,084
Jan 201301,86291.603.42$6,368
Dec 201201,78586.773.42$6,105
Nov 201201,75386.953.62$6,355
Oct 201201,92889.383.40$6,555
Sep 201202,09294.672.92$6,105
Aug 201202,02592.662.91$5,889
Jul 201202,15285.133.02$6,501
Jun 201202,04479.822.52$5,149
May 201202,16391.612.49$5,382
Apr 201201,898101.652.00$3,790
Mar 201202,260105.052.22$5,022
Feb 201202,093101.102.57$5,380
Jan 201202,28498.092.73$6,245
Dec 201101,96996.873.24$6,379
Nov 201102,32995.723.31$7,712
Oct 201102,45384.983.65$8,950
Sep 201102,31383.623.99$9,219
Aug 201102,50783.404.15$10,402
Jul 201102,59394.144.52$11,713
Jun 201102,53592.904.64$11,762
May 201102,52898.134.40$11,135
Apr 201102,511105.964.33$10,881
Mar 201102,47096.364.06$10,022
Feb 201102,17785.644.18$9,100
Jan 201102,46386.504.59$11,302
Dec 201002,45185.734.35$10,656
Nov 201002,45780.843.80$9,325
Oct 201002,61178.103.51$9,162
Sep 201002,59172.633.98$10,311
Aug 201002,50573.684.42$11,071
Jul 201002,89672.554.74$13,717
Jun 201002,45670.364.91$12,060
May 201002,84871.124.24$12,062
Apr 201002,56981.694.12$10,591
Mar 201002,74978.394.39$12,064
Feb 201002,54573.585.44$13,851
Jan 201002,86474.365.96$17,081
Dec 200902,91871.445.48$16,002
Nov 200902,69374.593.75$10,103
Oct 200902,92272.544.11$12,010
Sep 200902,92265.543.06$8,955
Aug 200903,03267.423.22$9,758
Jul 200903,22361.133.46$11,166
Jun 200903,07966.163.90$11,993
May 200903,33654.743.93$13,096
Apr 200903,42946.773.59$12,302
Mar 200903,97642.144.06$16,139
Feb 200903,17632.814.63$14,714
Jan 200902,91335.865.37$15,646
Dec 200803,81837.105.98$22,821
Nov 200803,88255.496.86$26,632
Oct 200804,12575.246.92$28,553
Sep 200804,012101.767.88$31,603
Aug 200804,102114.228.48$34,797
Jul 200804,242131.0811.39$48,314
Jun 200804,289131.3313.03$55,897
May 200814,161123.1711.57$48,284
Apr 200804,327110.3110.45$45,238
Mar 200814,624101.909.66$44,789
Feb 200804,41792.538.77$38,740
Jan 200824,83890.388.21$39,880
Dec 200704,89188.337.30$35,714
Nov 200704,90591.677.29$35,766
Oct 200704,83882.856.92$33,489
Sep 200704,77375.846.24$29,803
Aug 200705,24669.066.39$33,511
Jul 200705,73270.906.39$36,616
Jun 200705,73962.007.55$43,321
May 200706,06758.747.85$47,603
Apr 200706,23259.617.81$48,642
Mar 200706,91856.927.30$50,515
Feb 200706,46255.108.22$53,092
Jan 200706,50250.306.73$43,738
Dec 200607,77856.656.92$53,812
Nov 200608,05054.207.62$61,321
Oct 200608,70054.906.01$52,320
Sep 200608,46760.085.04$42,650
Aug 200609,73968.717.34$71,483
Jul 2006010,70169.376.34$67,874
Jun 2006011,22966.286.38$71,685
May 2006012,92066.016.42$83,011
Apr 2006014,33064.397.36$105,476
Mar 2006010,17756.707.08$72,083
Feb 2006010,87857.597.75$84,317
Jan 2006015,60360.598.93$139,387
Dec 200507,01354.9413.42$94,082

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                  594 Mcf  × $  3.05 =     $1,809

────────────────────────────────────────────────────
Month total                                   $1,809

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/218096 is the state's own key, not one this site invented.