PERLITZ 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 219550District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
May 2006 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
241
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 Gas112006-10-25169300
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
CondensateDisposition30 bbl$1,995
GasProduction2,012,970 Mcf$10,008,490
Total$10,010,485

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 31.4334, -96.2865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43344, -96.28651 · 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
13,935 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 13,935 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-29331739913,935 ftMay 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 (241)

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

241 months

May 202603,347106.413.05$10,194
Apr 202613,05598.932.87$8,866
Mar 202603,14589.753.15$9,905
Feb 202612,76163.503.75$10,418
Jan 202603,34359.138.00$26,737
Dec 202503,57656.664.41$15,782
Nov 202511,90558.593.93$7,538
Oct 202501,54459.383.30$5,103
Sep 202501,61062.743.08$4,954
Aug 202501,75263.933.01$5,282
Jul 202501,51366.743.32$5,016
Jun 202501,32066.483.13$4,130
May 202501,76260.553.23$5,695
Apr 202502,44662.363.54$8,666
Mar 202502,93567.704.27$12,528
Feb 202502,81170.884.34$12,202
Jan 202503,20574.324.28$13,713
Dec 202413,29368.993.12$10,348
Nov 202402,79369.052.20$6,140
Oct 202403,40871.372.28$7,775
Sep 202403,43569.612.36$8,122
Aug 202403,55375.632.06$7,332
Jul 202403,47879.932.15$7,466
Jun 202402,94178.082.63$7,747
May 202413,61878.812.20$8,033
Apr 202413,61084.451.66$6,074
Mar 202403,53980.301.55$5,468
Feb 202403,45276.091.78$6,157
Jan 202403,47173.023.30$11,446
Dec 202303,39071.262.61$8,850
Nov 202303,30777.892.81$9,285
Oct 202303,11485.443.09$9,614
Sep 202303,73889.042.74$10,224
Aug 202304,25680.522.67$11,376
Jul 202304,39274.852.64$11,603
Jun 202304,25368.962.26$9,605
May 202304,53270.622.23$10,095
Apr 202304,38678.122.24$9,815
Mar 202304,74172.852.39$11,346
Feb 202304,23475.112.47$10,440
Jan 202304,62676.533.39$15,672
Dec 202204,78776.415.73$27,425
Nov 202204,76385.005.65$26,893
Oct 202204,96887.185.86$29,131
Sep 202204,81584.888.16$39,308
Aug 202205,03894.529.13$45,983
Jul 202205,189101.587.54$39,136
Jun 202205,140115.097.98$41,003
May 202205,616109.378.43$47,360
Apr 202205,274104.226.84$36,062
Mar 202207,020108.885.08$35,636
Feb 202203,13291.054.86$15,218
Jan 202203,88281.844.54$17,615
Dec 202103,68971.323.90$14,384
Nov 202104,14077.435.24$21,681
Oct 202104,13879.795.71$23,644
Sep 202102,95469.865.35$15,807
Aug 202103,31866.024.22$14,004
Jul 202103,40970.783.98$13,575
Jun 202103,74269.493.38$12,650
May 202106,15863.483.02$18,583
Apr 202104,26060.362.76$11,751
Mar 202104,57261.302.72$12,422
Feb 202104,34457.805.55$24,100
Jan 202105,36150.412.81$15,066
Dec 202006,29244.642.68$16,834
Nov 202004,58538.772.71$12,410
Oct 202003,86536.972.48$9,579
Sep 202003,74637.091.99$7,458
Aug 202004,08439.982.39$9,741
Jul 202003,70038.371.83$6,753
Jun 202004,56734.901.69$7,720
May 202002,85016.921.81$5,172
Apr 202004,33214.751.80$7,817
Mar 202004,34730.341.86$8,069
Feb 202003,83849.881.98$7,602
Jan 202004,52457.252.09$9,477
Dec 201907,01259.012.30$16,158
Nov 201901,57555.302.75$4,332
Oct 201902,93053.472.42$7,086
Sep 201903,89455.052.66$10,347
Aug 201904,90853.112.30$11,310
Jul 201905,31556.272.46$13,075
Jun 201903,12052.782.49$7,773
May 201904,99958.482.74$13,699
Apr 201905,67762.632.75$15,616
Mar 201906,25056.803.06$19,138
Feb 201907,21650.852.79$20,149
Jan 201906,82246.033.23$22,023
Dec 2018054446.594.19$2,277
Nov 201803,57652.934.24$15,152
Oct 201805,16961.443.40$17,565
Sep 201805,74059.543.11$17,840
Aug 201806,60459.403.07$20,252
Jul 201807,62465.142.93$22,353
Jun 201806,75760.183.08$20,791
May 201806,28465.382.90$18,229
Apr 201804,48163.842.90$12,998
Mar 201804,61161.222.79$12,850
Feb 201804,90361.782.77$13,562
Jan 201804,39862.874.01$17,633
Dec 201704,69757.272.92$13,722
Nov 201704,61755.423.12$14,397
Oct 201704,94049.292.98$14,739
Sep 201705,04747.523.09$15,582
Aug 201703,37145.373.00$10,128
Jul 201704,16443.873.09$12,855
Jun 201704,78342.493.09$14,766
May 201705,03445.373.26$16,428
Apr 201705,08647.933.21$16,334
Mar 201705,40646.772.98$16,130
Feb 201705,17050.452.95$15,265
Jan 201706,08749.413.42$20,810
Dec 201606,22948.763.72$23,190
Nov 201606,58342.492.64$17,408
Oct 201608,29146.193.09$25,621
Sep 201609,11641.553.10$28,265
Aug 201608,49241.442.92$24,834
Jul 201604,43041.622.92$12,955
Jun 201605,40045.352.69$14,503
May 201605,60442.521.99$11,158
Apr 201605,11036.561.99$10,174
Mar 201605,75633.011.79$10,326
Feb 201605,36926.472.06$11,080
Jan 201605,46627.352.36$12,924
Dec 201505,26732.362.00$10,541
Nov 201505,20038.792.17$11,270
Oct 201504,80443.552.43$11,657
Sep 201504,52242.992.76$12,474
Aug 201505,15540.162.87$14,808
Jul 201505,16248.152.95$15,203
Jun 201505,32756.152.88$15,357
May 201506,36455.212.96$18,808
Apr 201504,36249.822.71$11,806
Mar 201505,99242.892.93$17,585
Feb 201506,05644.662.98$18,024
Jan 201506,82543.433.10$21,162
Dec 201406,98954.693.59$25,100
Nov 201407,39070.464.25$31,421
Oct 201406,57378.303.90$25,641
Sep 201406,70786.164.05$27,133
Aug 201406,60589.394.04$26,652
Jul 201402,33696.564.18$9,764
Jun 201405,02398.164.74$23,793
May 201407,41894.734.73$35,062
Apr 201408,56295.944.81$41,176
Mar 2014010,45495.895.06$52,864
Feb 201407,73897.406.19$47,914
Jan 201406,82290.404.86$33,160
Dec 201306,30091.824.35$27,433
Nov 201305,63888.853.74$21,076
Oct 201306,02897.423.78$22,782
Sep 201306,264104.113.72$23,288
Aug 201304,640104.253.52$16,345
Jul 201305,797102.523.72$21,552
Jun 201306,50694.403.93$25,591
May 201306,72294.834.15$27,890
Apr 201306,65093.964.28$28,479
Mar 201307,43393.623.91$29,084
Feb 201306,31391.233.42$21,590
Jan 201307,81891.603.42$26,737
Dec 201208,40186.773.42$28,733
Nov 201208,94986.953.62$32,440
Oct 201209,72089.383.40$33,045
Sep 201207,60394.672.92$22,189
Aug 201208,25292.662.91$23,998
Jul 2012010,28285.133.02$31,060
Jun 2012010,48979.822.52$26,422
May 201207,87591.612.49$19,596
Apr 201206,630101.652.00$13,239
Mar 201207,576105.052.22$16,834
Feb 201207,281101.102.57$18,714
Jan 201207,67198.092.73$20,973
Dec 201108,55896.873.24$27,726
Nov 201109,18995.723.31$30,427
Oct 2011010,54484.983.65$38,470
Sep 2011011,15783.623.99$44,470
Aug 2011011,94883.404.15$49,576
Jul 201107,98894.144.52$36,084
Jun 201107,53292.904.64$34,948
May 201107,95198.134.40$35,023
Apr 201107,670105.964.33$33,236
Mar 201108,67296.364.06$35,185
Feb 201106,81485.644.18$28,482
Jan 201107,94586.504.59$36,458
Dec 201009,09585.734.35$39,543
Nov 201009,45380.843.80$35,877
Oct 2010010,29478.103.51$36,121
Sep 2010010,84272.633.98$43,145
Aug 2010011,30573.684.42$49,961
Jul 2010011,23372.554.74$53,205
Jun 2010010,83570.364.91$53,204
May 2010011,80171.124.24$49,980
Apr 2010011,84081.694.12$48,813
Mar 2010011,85678.394.39$52,032
Feb 2010011,20773.585.44$60,993
Jan 2010112,49974.365.96$74,620
Dec 2009013,12171.445.48$71,952
Nov 2009012,75074.593.75$47,832
Oct 2009014,02972.544.11$57,663
Sep 2009013,87365.543.06$42,517
Aug 2009016,06467.423.22$51,702
Jul 2009014,35861.133.46$49,743
Jun 2009011,56066.163.90$45,026
May 2009012,35954.743.93$48,518
Apr 2009113,43346.773.59$48,238
Mar 2009116,59742.144.06$67,409
Feb 2009116,15732.814.63$74,888
Jan 200907,07435.865.37$37,994
Dec 200806,07837.105.98$36,329
Nov 200804,69655.496.86$32,216
Oct 200804,92175.246.92$34,063
Sep 200803,303101.767.88$26,018
Aug 200801,070114.228.48$9,077
Jul 200803,837131.0811.39$43,701
Jun 2008012,478131.3313.03$162,621
May 2008116,501123.1711.57$191,111
Apr 2008115,411110.3110.45$161,230
Mar 2008012,621101.909.66$121,970
Feb 2008012,57992.538.77$110,325
Jan 2008015,69090.388.21$128,748
Dec 2007020,43988.337.30$149,245
Nov 2007020,01591.677.29$145,943
Oct 2007021,88882.856.92$151,508
Sep 2007021,92275.846.24$136,884
Aug 2007023,51069.066.39$150,180
Jul 2007124,06170.906.39$153,771
Jun 2007224,66862.007.55$186,329
May 2007027,10558.747.85$212,673
Apr 2007026,63059.617.81$207,852
Mar 2007031,35156.927.30$228,924
Feb 2007128,76355.108.22$236,372
Jan 2007135,04950.306.73$235,820
Dec 2006029,43456.656.92$203,637
Nov 2006128,79154.207.62$219,369
Oct 2006232,64754.906.01$196,442
Sep 2006436,95860.085.04$186,405
Aug 2006341,32068.717.34$303,492
Jul 2006155,05469.376.34$349,264
Jun 2006089,13266.286.38$569,008
May 2006214,26866.016.42$91,804

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                3,347 Mcf  × $  3.05 =    $10,194

────────────────────────────────────────────────────
Month total                                  $10,194

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/219550 is the state's own key, not one this site invented.