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 223243District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 2006 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
238
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 Gas112007-01-09171627
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
CondensateDisposition3 bbl$244
GasProduction1,086,680 Mcf$6,324,397
Total$6,324,641

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 31.4901, -96.2813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49005, -96.28130 · 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
13,182 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 13,182 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-16133513713,182 ftAug 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 (238)

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

238 months

May 20260345106.413.05$1,051
Apr 2026026398.932.87$755
Mar 2026015589.753.15$488
Feb 2026024963.503.75$934
Jan 2026045259.138.00$3,615
Dec 2025010056.664.41$441
Nov 202505358.593.93$208
Oct 202506059.383.30$198
Sep 202502062.743.08$62
Aug 202506163.933.01$184
Jul 2025011466.743.32$378
Jun 2025021066.483.13$657
May 2025023560.553.23$760
Apr 2025016562.363.54$585
Mar 2025015867.704.27$674
Feb 2025017570.884.34$760
Jan 2025020274.324.28$864
Dec 2024024568.993.12$765
Nov 2024016369.052.20$358
Oct 2024014271.372.28$324
Sep 2024013669.612.36$322
Aug 2024020775.632.06$427
Jul 2024018279.932.15$391
Jun 2024019478.082.63$511
May 2024026278.812.20$576
Apr 2024018784.451.66$310
Mar 2024019080.301.55$294
Feb 2024031476.091.78$560
Jan 202401,10273.023.30$3,634
Dec 202301,35771.262.61$3,543
Nov 202301,18477.892.81$3,324
Oct 2023073085.443.09$2,254
Sep 2023091689.042.74$2,505
Aug 2023099180.522.67$2,649
Jul 2023080974.852.64$2,137
Jun 2023093868.962.26$2,118
May 2023075370.622.23$1,677
Apr 2023093378.122.24$2,088
Mar 202301,16772.852.39$2,793
Feb 2023086275.112.47$2,125
Jan 202301,04376.533.39$3,533
Dec 202201,02976.415.73$5,895
Nov 2022077185.005.65$4,353
Oct 202201,22087.185.86$7,154
Sep 202201,10584.888.16$9,021
Aug 2022094994.529.13$8,662
Jul 20220903101.587.54$6,811
Jun 202201,068115.097.98$8,520
May 202201,076109.378.43$9,074
Apr 202201,091104.226.84$7,460
Mar 202201,288108.885.08$6,538
Feb 202201,09191.054.86$5,301
Jan 202201,43181.844.54$6,493
Dec 202101,05971.323.90$4,129
Nov 202101,22077.435.24$6,389
Oct 2021092179.795.71$5,262
Sep 202101,07769.865.35$5,763
Aug 202101,40566.024.22$5,930
Jul 202101,10370.783.98$4,392
Jun 2021061769.493.38$2,086
May 2021043363.483.02$1,307
Apr 2021070660.362.76$1,947
Mar 2021077661.302.72$2,108
Feb 2021065157.805.55$3,612
Jan 202101,27950.412.81$3,594
Dec 2020045444.642.68$1,215
Nov 2020085338.772.71$2,309
Oct 2020055436.972.48$1,373
Sep 202001,05237.091.99$2,095
Aug 202001,15039.982.39$2,743
Jul 2020077938.371.83$1,422
Jun 202001,35434.901.69$2,289
May 202001,03116.921.81$1,871
Apr 2020093514.751.80$1,687
Mar 2020087530.341.86$1,624
Feb 202001,05349.881.98$2,086
Jan 202001,60857.252.09$3,368
Dec 201901,40659.012.30$3,240
Nov 201901,04055.302.75$2,861
Oct 2019076053.472.42$1,838
Sep 201901,33155.052.66$3,537
Aug 2019059353.112.30$1,366
Jul 2019075056.272.46$1,845
Jun 2019063152.782.49$1,572
May 2019056458.482.74$1,546
Apr 2019069262.632.75$1,903
Mar 2019068856.803.06$2,107
Feb 2019052650.852.79$1,469
Jan 2019064146.033.23$2,069
Dec 2018061646.594.19$2,578
Nov 2018062752.934.24$2,657
Oct 2018075361.443.40$2,559
Sep 2018077659.543.11$2,412
Aug 2018086959.403.07$2,665
Jul 2018066265.142.93$1,941
Jun 2018065360.183.08$2,009
May 2018091365.382.90$2,648
Apr 2018089763.842.90$2,602
Mar 2018089161.222.79$2,483
Feb 2018075361.782.77$2,083
Jan 2018061862.874.01$2,478
Dec 2017095957.272.92$2,802
Nov 201701,12455.423.12$3,505
Oct 201701,66249.292.98$4,959
Sep 201701,65847.523.09$5,119
Aug 201701,76445.373.00$5,300
Jul 201701,80843.873.09$5,582
Jun 201701,90942.493.09$5,894
May 201702,01245.373.26$6,566
Apr 201702,16947.933.21$6,966
Mar 201702,22546.772.98$6,639
Feb 201701,99750.452.95$5,896
Jan 201702,13149.413.42$7,285
Dec 201602,22548.763.72$8,283
Nov 201601,90742.492.64$5,043
Oct 201602,66146.193.09$8,223
Sep 201603,37541.553.10$10,465
Aug 201603,18041.442.92$9,299
Jul 201603,13841.622.92$9,177
Jun 201602,57345.352.69$6,911
May 201602,07942.521.99$4,139
Apr 201602,18936.561.99$4,358
Mar 201602,39133.011.79$4,289
Feb 201602,28126.472.06$4,707
Jan 201602,11727.352.36$5,005
Dec 201502,32632.362.00$4,655
Nov 201502,33038.792.17$5,050
Oct 201502,45743.552.43$5,962
Sep 201502,37642.992.76$6,554
Aug 201502,62240.162.87$7,532
Jul 201501,79548.152.95$5,286
Jun 201501,49156.152.88$4,298
May 201501,91255.212.96$5,651
Apr 201502,42749.822.71$6,569
Mar 201502,39842.892.93$7,037
Feb 201502,03444.662.98$6,054
Jan 201502,11643.433.10$6,561
Dec 201402,44254.693.59$8,770
Nov 201402,46370.464.25$10,472
Oct 201402,57478.303.90$10,041
Sep 201402,64086.164.05$10,680
Aug 201402,80489.394.04$11,314
Jul 201402,83896.564.18$11,862
Jun 201402,75398.164.74$13,041
May 201403,14294.734.73$14,851
Apr 201402,14395.944.81$10,306
Mar 201402,67795.895.06$13,537
Feb 201402,49897.406.19$15,468
Jan 201402,76890.404.86$13,454
Dec 201302,51591.824.35$10,952
Nov 201302,54688.853.74$9,518
Oct 201302,70397.423.78$10,216
Sep 201302,656104.113.72$9,874
Aug 201302,791104.253.52$9,832
Jul 201302,989102.523.72$11,112
Jun 201303,03794.403.93$11,946
May 201303,01294.834.15$12,497
Apr 201303,05093.964.28$13,062
Mar 201303,12893.623.91$12,239
Feb 201302,65691.233.42$9,083
Jan 201302,95991.603.42$10,120
Dec 201202,46086.773.42$8,414
Nov 201202,32286.953.62$8,417
Oct 201203,28489.383.40$11,165
Sep 201202,59294.672.92$7,564
Aug 201202,72392.662.91$7,919
Jul 201202,99785.133.02$9,053
Jun 201202,75679.822.52$6,942
May 201203,14691.612.49$7,828
Apr 201203,313101.652.00$6,615
Mar 201203,654105.052.22$8,119
Feb 201203,597101.102.57$9,245
Jan 201204,42498.092.73$12,096
Dec 201103,96896.873.24$12,855
Nov 201105,08495.723.31$16,835
Oct 201105,32884.983.65$19,439
Sep 201105,02583.623.99$20,029
Aug 201105,10583.404.15$21,182
Jul 201105,20994.144.52$23,530
Jun 201105,19992.904.64$24,123
May 201104,88998.134.40$21,535
Apr 201104,321105.964.33$18,724
Mar 201104,69596.364.06$19,049
Feb 201105,47285.644.18$22,873
Jan 201105,77086.504.59$26,477
Dec 201005,86685.734.35$25,504
Nov 201006,14280.843.80$23,311
Oct 201005,75478.103.51$20,190
Sep 201005,70772.633.98$22,711
Aug 201005,92673.684.42$26,189
Jul 201006,03672.554.74$28,589
Jun 201005,96170.364.91$29,271
May 201006,18171.124.24$26,178
Apr 201006,13281.694.12$25,280
Mar 201006,47778.394.39$28,425
Feb 201005,97773.585.44$32,529
Jan 201006,70774.365.96$40,001
Dec 200906,75871.445.48$37,059
Nov 200906,58774.593.75$24,711
Oct 200908,05072.544.11$33,088
Sep 200907,78265.543.06$23,850
Aug 200907,16167.423.22$23,048
Jul 200907,48061.133.46$25,914
Jun 200907,41266.163.90$28,870
May 200908,06754.743.93$31,669
Apr 200907,29246.773.59$26,160
Mar 200908,49442.144.06$34,477
Feb 200907,38532.814.63$34,215
Jan 200908,58835.865.37$46,126
Dec 200808,46637.105.98$50,602
Nov 200809,22655.496.86$63,294
Oct 2008010,55575.246.92$73,062
Sep 2008011,490101.767.88$90,508
Aug 2008012,387114.228.48$105,079
Jul 2008012,354131.0811.39$140,705
Jun 2008011,528131.3313.03$150,240
May 2008012,873123.1711.57$148,996
Apr 2008012,938110.3110.45$135,265
Mar 2008013,648101.909.66$131,895
Feb 2008113,21692.538.77$116,005
Jan 2008012,94390.388.21$106,207
Dec 2007012,59288.337.30$91,946
Nov 2007013,67091.677.29$99,678
Oct 2007117,06782.856.92$118,220
Sep 2007018,76675.846.24$117,178
Aug 2007120,43869.066.39$130,626
Jul 2007021,17670.906.39$135,271
Jun 2007020,67662.007.55$156,072
May 2007022,84058.747.85$179,209
Apr 2007024,13459.617.81$188,371
Mar 2007027,23156.927.30$198,840
Feb 2007027,53655.108.22$226,236
Jan 2007035,09950.306.73$236,106
Dec 2006038,05256.656.92$263,260
Nov 2006040,19654.207.62$306,192
Oct 2006048,75754.906.01$293,215
Sep 2006048,35260.085.04$243,559
Aug 2006030,97668.717.34$227,361

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                  345 Mcf  × $  3.05 =     $1,051

────────────────────────────────────────────────────
Month total                                   $1,051

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/223243 is the state's own key, not one this site invented.