REAGAN, L. C. GAS UNIT

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 220650District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jun 2006 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
240
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 Gas112006-11-20169750
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
CondensateDisposition124 bbl$8,567
GasProduction908,736 Mcf$4,814,596
Total$4,823,164

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 31.2657, -96.4103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26574, -96.41025 · 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
13,285 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 13,285 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-39531117113,285 ftJun 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 (240)

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

240 months

May 20260796106.413.05$2,424
Apr 2026072798.932.87$2,086
Mar 2026084389.753.15$2,655
Feb 2026065663.503.75$2,460
Jan 2026084259.138.00$6,734
Dec 2025089056.664.41$3,928
Nov 2025086358.593.93$3,389
Oct 2025092059.383.30$3,040
Sep 2025086762.743.08$2,668
Aug 2025087163.933.01$2,626
Jul 2025089966.743.32$2,980
Jun 2025090466.483.13$2,828
May 202501,02960.553.23$3,326
Apr 2025093462.363.54$3,309
Mar 2025098667.704.27$4,209
Feb 2025096570.884.34$4,189
Jan 202501,16974.324.28$5,002
Dec 202401,41968.993.12$4,429
Nov 2024031869.052.20$699
Oct 2024090671.372.28$2,067
Sep 2024094069.612.36$2,223
Aug 202401,00675.632.06$2,076
Jul 202401,01579.932.15$2,179
Jun 2024095278.082.63$2,508
May 202401,03078.812.20$2,264
Apr 202401,03084.451.66$1,709
Mar 202401,03480.301.55$1,598
Feb 2024098376.091.78$1,753
Jan 202401,09673.023.30$3,614
Dec 202301,17471.262.61$3,065
Nov 202301,15277.892.81$3,234
Oct 202301,17885.443.09$3,637
Sep 202301,10689.042.74$3,025
Aug 202301,07480.522.67$2,871
Jul 202301,14074.852.64$3,012
Jun 202301,15868.962.26$2,615
May 202301,19870.622.23$2,668
Apr 202301,17578.122.24$2,629
Mar 202301,22572.852.39$2,932
Feb 202301,10875.112.47$2,732
Jan 202301,28476.533.39$4,350
Dec 202201,21276.415.73$6,944
Nov 202201,24485.005.65$7,024
Oct 202201,28287.185.86$7,517
Sep 202201,16584.888.16$9,511
Aug 202201,18394.529.13$10,797
Jul 202201,198101.587.54$9,035
Jun 202201,112115.097.98$8,871
May 202201,280109.378.43$10,794
Apr 202201,196104.226.84$8,178
Mar 202201,217108.885.08$6,178
Feb 202201,22491.054.86$5,947
Jan 202201,20081.844.54$5,445
Dec 2021084071.323.90$3,275
Nov 202101,20377.435.24$6,300
Oct 202101,12279.795.71$6,411
Sep 202101,13369.865.35$6,063
Aug 202101,19766.024.22$5,052
Jul 202101,17670.783.98$4,683
Jun 202101,18969.493.38$4,020
May 202101,28563.483.02$3,878
Apr 202101,19860.362.76$3,305
Mar 202101,28261.302.72$3,483
Feb 202101,18857.805.55$6,591
Jan 202101,36450.412.81$3,833
Dec 202001,39944.642.68$3,743
Nov 202001,31638.772.71$3,562
Oct 202001,39336.972.48$3,452
Sep 202001,30737.091.99$2,602
Aug 202001,38139.982.39$3,294
Jul 202001,44338.371.83$2,634
Jun 202001,38934.901.69$2,348
May 202001,36716.921.81$2,481
Apr 202001,35014.751.80$2,436
Mar 202001,74330.341.86$3,235
Feb 202001,53549.881.98$3,040
Jan 202001,15457.252.09$2,417
Dec 201901,31759.012.30$3,035
Nov 201901,29955.302.75$3,573
Oct 201901,13653.472.42$2,747
Sep 201901,10355.052.66$2,931
Aug 2019095953.112.30$2,210
Jul 201901,16156.272.46$2,856
Jun 201901,12252.782.49$2,795
May 201901,21758.482.74$3,335
Apr 201901,22262.632.75$3,361
Mar 201901,29456.803.06$3,962
Feb 201901,18350.852.79$3,303
Jan 201901,31346.033.23$4,239
Dec 201801,30946.594.19$5,479
Nov 201801,28052.934.24$5,424
Oct 201801,28361.443.40$4,360
Sep 201801,45259.543.11$4,513
Aug 201801,50359.403.07$4,609
Jul 201801,52965.142.93$4,483
Jun 201801,49960.183.08$4,612
May 201801,56365.382.90$4,534
Apr 201801,51863.842.90$4,403
Mar 201801,57361.222.79$4,384
Feb 201801,44761.782.77$4,003
Jan 201801,82462.874.01$7,313
Dec 201701,58757.272.92$4,636
Nov 201701,56555.423.12$4,880
Oct 201701,45849.292.98$4,350
Sep 201701,63747.523.09$5,054
Aug 201701,33645.373.00$4,014
Jul 2017064843.873.09$2,001
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701,51047.933.21$4,850
Mar 201702,47246.772.98$7,376
Feb 201702,62850.452.95$7,759
Jan 201702,02149.413.42$6,909
Dec 201602,52148.763.72$9,385
Nov 201602,57642.492.64$6,812
Oct 201602,90646.193.09$8,980
Sep 201603,19741.553.10$9,913
Aug 201602,36441.442.92$6,913
Jul 201602,06941.622.92$6,050
Jun 201602,43345.352.69$6,535
May 201602,54742.521.99$5,071
Apr 201602,37236.561.99$4,723
Mar 201602,45533.011.79$4,404
Feb 201602,45626.472.06$5,068
Jan 201602,73927.352.36$6,476
Dec 201502,68632.362.00$5,376
Nov 201503,01838.792.17$6,541
Oct 201502,37443.552.43$5,761
Sep 201502,63742.992.76$7,274
Aug 201503,07040.162.87$8,819
Jul 201503,20448.152.95$9,436
Jun 201503,20056.152.88$9,225
May 201502,98955.212.96$8,834
Apr 201503,07649.822.71$8,325
Mar 201502,89142.892.93$8,484
Feb 201502,63044.662.98$7,827
Jan 201503,13543.433.10$9,720
Dec 201403,23754.693.59$11,625
Nov 201403,13870.464.25$13,342
Oct 201403,08478.303.90$12,031
Sep 201403,03386.164.05$12,270
Aug 201403,38589.394.04$13,659
Jul 201403,51796.564.18$14,700
Jun 201403,27898.164.74$15,527
May 201403,08594.734.73$14,581
Apr 201403,26895.944.81$15,716
Mar 201403,50795.895.06$17,734
Feb 201403,07897.406.19$19,059
Jan 201403,43990.404.86$16,716
Dec 201303,48591.824.35$15,175
Nov 201303,49888.853.74$13,077
Oct 201303,69497.423.78$13,961
Sep 201303,530104.113.72$13,124
Aug 201303,619104.253.52$12,748
Jul 201303,782102.523.72$14,060
Jun 201303,60394.403.93$14,172
May 201303,80994.834.15$15,804
Apr 201303,65593.964.28$15,653
Mar 201303,67493.623.91$14,376
Feb 201303,31891.233.42$11,347
Jan 201303,55591.603.42$12,158
Dec 201203,79486.773.42$12,976
Nov 201203,86686.953.62$14,014
Oct 201204,64989.383.40$15,805
Sep 201202,78594.672.92$8,128
Aug 201202,21192.662.91$6,430
Jul 201203,66285.133.02$11,062
Jun 201203,99679.822.52$10,066
May 201204,11791.612.49$10,244
Apr 201204,062101.652.00$8,111
Mar 201203,995105.052.22$8,877
Feb 201203,948101.102.57$10,147
Jan 201204,33198.092.73$11,841
Dec 201104,23296.873.24$13,711
Nov 201104,30895.723.31$14,265
Oct 201104,32284.983.65$15,769
Sep 201104,11583.623.99$16,402
Aug 201104,56083.404.15$18,921
Jul 201104,67094.144.52$21,096
Jun 201104,61692.904.64$21,418
May 201105,08998.134.40$22,416
Apr 201104,020105.964.33$17,420
Mar 201102,88396.364.06$11,697
Feb 201103,83785.644.18$16,039
Jan 201104,51586.504.59$20,718
Dec 201004,87685.734.35$21,200
Nov 201004,34380.843.80$16,483
Oct 201004,92178.103.51$17,267
Sep 201005,01472.633.98$19,953
Aug 201005,34673.684.42$23,626
Jul 201005,45172.554.74$25,819
Jun 201004,76670.364.91$23,403
May 201004,23271.124.24$17,923
Apr 201005,65681.694.12$23,318
Mar 201004,46478.394.39$19,591
Feb 201004,35373.585.44$23,691
Jan 201005,21974.365.96$31,127
Dec 200905,74671.445.48$31,510
Nov 200905,31674.593.75$19,943
Oct 200906,97272.544.11$28,657
Sep 200905,94265.543.06$18,211
Aug 200904,78467.423.22$15,397
Jul 200905,31361.133.46$18,407
Jun 200905,55866.163.90$21,648
May 200904,04354.743.93$15,872
Apr 200916,33746.773.59$22,781
Mar 200904,15242.144.06$16,853
Feb 200905,32632.814.63$24,675
Jan 200915,78135.865.37$31,086
Dec 200806,12237.105.98$36,592
Nov 200806,51155.496.86$44,668
Oct 200806,74875.246.92$46,710
Sep 200804,767101.767.88$37,550
Aug 200807,826114.228.48$66,388
Jul 200805,420131.0811.39$61,731
Jun 200806,785131.3313.03$88,426
May 200807,710123.1711.57$89,238
Apr 200818,134110.3110.45$85,150
Mar 200817,726101.909.66$74,767
Feb 200828,27592.538.77$72,762
Jan 200818,92390.388.21$73,310
Dec 200708,66588.337.30$63,272
Nov 200709,29691.677.29$67,784
Oct 200709,32582.856.92$64,547
Sep 2007210,54875.846.24$66,015
Aug 2007011,34769.066.39$72,484
Jul 2007012,06470.906.39$77,064
Jun 2007212,36962.007.55$93,491
May 2007013,99158.747.85$109,777
Apr 2007213,72759.617.81$107,261
Mar 2007015,42256.927.30$112,611
Feb 2007214,42655.108.22$118,634
Jan 2007017,56250.306.73$118,137
Dec 2006019,85756.656.92$137,379
Nov 2006122,83954.207.62$174,030
Oct 2006220,20854.906.01$121,637
Sep 2006022,24860.085.04$112,068
Aug 2006132,06368.717.34$235,409
Jul 20069752,22369.376.34$337,967
Jun 200682,00266.286.38$13,311

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                  796 Mcf  × $  3.05 =     $2,424

────────────────────────────────────────────────────
Month total                                   $2,424

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/220650 is the state's own key, not one this site invented.