STANDLEY GAS UNIT NO. 2

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 218265District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Apr 2006 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
242
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 Gas112008-02-06168645
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
CondensateDisposition314 bbl$21,465
GasProduction774,896 Mcf$4,171,821
Total$4,193,286

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 31.4245, -96.3146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42455, -96.31461 · 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
Apr 2006
1 of 1 wells

1 well

42-29331744913,634 ftApr 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 (242)

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

242 months

May 202605,133106.413.05$15,634
Apr 202601,01198.932.87$2,901
Mar 2026061089.753.15$1,921
Feb 2026145163.503.75$1,755
Jan 2026051659.138.00$4,127
Dec 2025047156.664.41$2,079
Nov 2025145458.593.93$1,841
Oct 2025142359.383.30$1,457
Sep 2025053462.743.08$1,643
Aug 202511,11763.933.01$3,431
Jul 202521,18966.743.32$4,075
Jun 2025434066.483.13$1,330
May 2025731160.553.23$1,429
Apr 2025338462.363.54$1,548
Mar 2025057567.704.27$2,454
Feb 2025041670.884.34$1,806
Jan 2025453774.324.28$2,595
Dec 2024250068.993.12$1,699
Nov 2024055469.052.20$1,218
Oct 2024342371.372.28$1,179
Sep 2024135969.612.36$918
Aug 2024249175.632.06$1,165
Jul 2024284679.932.15$1,976
Jun 202411,02278.082.63$2,770
May 2024499678.812.20$2,505
Apr 2024301,22184.451.66$4,559
Mar 202401,13580.301.55$1,754
Feb 2024093876.091.78$1,673
Jan 202411,19373.023.30$4,007
Dec 202301,05871.262.61$2,762
Nov 2023063977.892.81$1,794
Oct 2023055885.443.09$1,723
Sep 2023022789.042.74$621
Aug 2023028980.522.67$772
Jul 2023033874.852.64$893
Jun 2023030468.962.26$687
May 2023054370.622.23$1,209
Apr 2023032778.122.24$732
Mar 2023075972.852.39$1,816
Feb 2023063775.112.47$1,571
Jan 2023044176.533.39$1,494
Dec 2022057576.415.73$3,294
Nov 2022063585.005.65$3,585
Oct 2022090487.185.86$5,301
Sep 2022081784.888.16$6,670
Aug 2022090994.529.13$8,297
Jul 20220928101.587.54$6,999
Jun 202201,107115.097.98$8,831
May 202201,410109.378.43$11,891
Apr 202201,294104.226.84$8,848
Mar 202201,319108.885.08$6,696
Feb 202201,71391.054.86$8,323
Jan 202202,67581.844.54$12,138
Dec 202103,63871.323.90$14,185
Nov 2021093277.435.24$4,881
Oct 2021056279.795.71$3,211
Sep 2021081569.865.35$4,361
Aug 2021074466.024.22$3,140
Jul 2021019370.783.98$769
Jun 2021024169.493.38$815
May 2021038263.483.02$1,153
Apr 2021037860.362.76$1,043
Mar 2021051061.302.72$1,386
Feb 2021074757.805.55$4,144
Jan 2021044650.412.81$1,253
Dec 2020049344.642.68$1,319
Nov 2020065538.772.71$1,773
Oct 2020067536.972.48$1,673
Sep 2020090637.091.99$1,804
Aug 202001,13539.982.39$2,707
Jul 2020092738.371.83$1,692
Jun 2020052234.901.69$882
May 2020099216.921.81$1,800
Apr 202002,49614.751.80$4,504
Mar 202002,48330.341.86$4,609
Feb 202002,64249.881.98$5,233
Jan 202002,87657.252.09$6,024
Dec 201902,43659.012.30$5,613
Nov 201902,44755.302.75$6,731
Oct 201902,70453.472.42$6,540
Sep 201902,70955.052.66$7,199
Aug 201902,88753.112.30$6,653
Jul 201902,66256.272.46$6,549
Jun 201901,97452.782.49$4,918
May 2019069358.482.74$1,899
Apr 2019097462.632.75$2,679
Mar 2019087456.803.06$2,676
Feb 201901,29050.852.79$3,602
Jan 201901,40146.033.23$4,523
Dec 201801,03446.594.19$4,328
Nov 2018068952.934.24$2,919
Oct 2018093861.443.40$3,187
Sep 2018063059.543.11$1,958
Aug 2018080659.403.07$2,472
Jul 201801,43965.142.93$4,219
Jun 201801,52260.183.08$4,683
May 201801,54765.382.90$4,488
Apr 201801,28763.842.90$3,733
Mar 201801,36061.222.79$3,790
Feb 201801,04261.782.77$2,882
Jan 2018094262.874.01$3,777
Dec 2017033857.272.92$987
Nov 201701,02755.423.12$3,203
Oct 201701,38849.292.98$4,141
Sep 2017086047.523.09$2,655
Aug 201701,16845.373.00$3,509
Jul 201701,35943.873.09$4,196
Jun 201701,31342.493.09$4,054
May 201701,36445.373.26$4,451
Apr 201701,49447.933.21$4,798
Mar 201701,42146.772.98$4,240
Feb 201701,18050.452.95$3,484
Jan 201701,41849.413.42$4,848
Dec 201601,42548.763.72$5,305
Nov 201601,39042.492.64$3,676
Oct 201601,36546.193.09$4,218
Sep 201601,47141.553.10$4,561
Aug 201601,39541.442.92$4,079
Jul 201601,38941.622.92$4,062
Jun 201601,24645.352.69$3,347
May 201601,15242.521.99$2,294
Apr 201601,50636.561.99$2,999
Mar 201601,71433.011.79$3,075
Feb 201601,79326.472.06$3,700
Jan 201601,95727.352.36$4,627
Dec 201502,51932.362.00$5,042
Nov 201501,54138.792.17$3,340
Oct 201502,62343.552.43$6,365
Sep 201501,60142.992.76$4,416
Aug 201502,47440.162.87$7,107
Jul 201502,26848.152.95$6,679
Jun 201501,98356.152.88$5,717
May 201502,45555.212.96$7,256
Apr 201502,38749.822.71$6,461
Mar 201502,34742.892.93$6,888
Feb 201502,15144.662.98$6,402
Jan 201502,39743.433.10$7,432
Dec 201402,40154.693.59$8,623
Nov 201402,39470.464.25$10,179
Oct 201402,52478.303.90$9,846
Sep 201402,43586.164.05$9,851
Aug 201402,57389.394.04$10,382
Jul 201402,59396.564.18$10,838
Jun 201402,52098.164.74$11,937
May 201402,62094.734.73$12,384
Apr 201402,58695.944.81$12,436
Mar 201402,66695.895.06$13,481
Feb 201402,39697.406.19$14,836
Jan 201402,67790.404.86$13,012
Dec 201302,80291.824.35$12,201
Nov 201302,79488.853.74$10,445
Oct 201303,06497.423.78$11,580
Sep 201302,775104.113.72$10,317
Aug 201302,877104.253.52$10,135
Jul 201302,945102.523.72$10,949
Jun 201302,72694.403.93$10,722
May 201302,87894.834.15$11,941
Apr 201302,68893.964.28$11,512
Mar 201302,81893.623.91$11,026
Feb 201302,50391.233.42$8,560
Jan 201302,83591.603.42$9,695
Dec 201202,87386.773.42$9,826
Nov 201202,86286.953.62$10,375
Oct 201202,96889.383.40$10,090
Sep 201202,94894.672.92$8,603
Aug 201203,19192.662.91$9,280
Jul 201203,40585.133.02$10,286
Jun 201203,15079.822.52$7,935
May 201203,15891.612.49$7,858
Apr 201203,175101.652.00$6,340
Mar 201203,613105.052.22$8,028
Feb 201202,572101.102.57$6,611
Jan 201203,28998.092.73$8,992
Dec 201103,29296.873.24$10,665
Nov 201103,27995.723.31$10,858
Oct 201102,89184.983.65$10,548
Sep 201102,84583.623.99$11,340
Aug 201102,83183.404.15$11,747
Jul 201103,55394.144.52$16,050
Jun 201102,84992.904.64$13,219
May 201103,30498.134.40$14,554
Apr 201103,366105.964.33$14,586
Mar 201103,43696.364.06$13,941
Feb 201102,91085.644.18$12,164
Jan 201103,30886.504.59$15,180
Dec 201003,63985.734.35$15,821
Nov 201003,40180.843.80$12,908
Oct 201003,41378.103.51$11,976
Sep 201003,81272.633.98$15,170
Aug 201003,15273.684.42$13,930
Jul 201004,12072.554.74$19,514
Jun 201004,05770.364.91$19,921
May 201004,46471.124.24$18,906
Apr 201004,48281.694.12$18,478
Mar 201004,54678.394.39$19,951
Feb 201003,65873.585.44$19,908
Jan 201004,08274.365.96$24,345
Dec 200904,08271.445.48$22,385
Nov 200903,90974.593.75$14,665
Oct 200904,55472.544.11$18,718
Sep 200905,04865.543.06$15,471
Aug 200905,00267.423.22$16,099
Jul 200905,10361.133.46$17,679
Jun 200915,42066.163.90$21,177
May 200905,95754.743.93$23,386
Apr 200914,87246.773.59$17,525
Mar 200924,08342.144.06$16,657
Feb 200904,68332.814.63$21,696
Jan 200915,59735.865.37$30,097
Dec 200805,81337.105.98$34,745
Nov 200805,47255.496.86$37,540
Oct 200805,98675.246.92$41,435
Sep 200806,092101.767.88$47,987
Aug 200806,454114.228.48$54,749
Jul 200826,516131.0811.39$74,476
Jun 200826,350131.3313.03$83,020
May 200806,778123.1711.57$78,451
Apr 200816,949110.3110.45$72,761
Mar 200836,947101.909.66$67,442
Feb 200827,24392.538.77$63,710
Jan 200817,82990.388.21$64,333
Dec 200708,18788.337.30$59,781
Nov 200708,28791.677.29$60,426
Oct 200718,97882.856.92$62,228
Sep 200708,31075.846.24$51,889
Aug 200708,53969.066.39$54,547
Jul 200715,20670.906.39$33,327
Jun 200708,60762.007.55$64,970
May 200708,87458.747.85$69,628
Apr 200709,80259.617.81$76,507
Mar 2007010,52456.927.30$76,846
Feb 200708,27655.108.22$67,996
Jan 2007111,15550.306.73$75,088
Dec 2006212,02356.656.92$83,294
Nov 2006412,51254.207.62$95,527
Oct 2006316,37054.906.01$98,611
Sep 2006819,64160.085.04$99,416
Aug 20061121,18268.717.34$156,230
Jul 20061215,75369.376.34$100,750
Jun 20061213,52366.286.38$87,125
May 20061728,83666.016.42$186,393
Apr 200615641,47664.397.36$315,328

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                5,133 Mcf  × $  3.05 =    $15,634

────────────────────────────────────────────────────
Month total                                  $15,634

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/218265 is the state's own key, not one this site invented.