MCWATTERS, T. H.

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 224212District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jul 2006 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
239
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 Gas112007-02-06170349
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
CondensateDisposition59 bbl$6,201
GasProduction903,405 Mcf$5,267,351
Total$5,273,552

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 31.5254, -96.2438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52545, -96.24375 · 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
13,016 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 13,016 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-161330932713,016 ftOct 2008

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 (239)

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

239 months

May 2026040106.413.05$122
Apr 202603298.932.87$92
Mar 202603389.753.15$104
Feb 202601663.503.75$60
Jan 202604059.138.00$320
Dec 202503156.664.41$137
Nov 202503258.593.93$126
Oct 202504959.383.30$162
Sep 202503262.743.08$98
Aug 202503263.933.01$96
Jul 202503166.743.32$103
Jun 202503266.483.13$100
May 202504860.553.23$155
Apr 202503162.363.54$110
Mar 202503267.704.27$137
Feb 202503270.884.34$139
Jan 202503274.324.28$137
Dec 202402968.993.12$91
Nov 202403169.052.20$68
Oct 202404571.372.28$103
Sep 202403169.612.36$73
Aug 2024010675.632.06$219
Jul 2024021579.932.15$462
Jun 2024011278.082.63$295
May 202401478.812.20$31
Apr 202405484.451.66$90
Mar 202402580.301.55$39
Feb 202402476.091.78$43
Jan 202402673.023.30$86
Dec 202303471.262.61$89
Nov 20230277.892.81$6
Oct 20230085.443.09$0
Sep 20230989.042.74$25
Aug 202301680.522.67$43
Jul 20230574.852.64$13
Jun 2023018368.962.26$413
May 202304770.622.23$105
Apr 202301578.122.24$34
Mar 20230672.852.39$14
Feb 202301375.112.47$32
Jan 202301476.533.39$47
Dec 202201476.415.73$80
Nov 20220885.005.65$45
Oct 20220787.185.86$41
Sep 20220784.888.16$57
Aug 20220494.529.13$37
Jul 2022014101.587.54$106
Jun 2022012115.097.98$96
May 202209109.378.43$76
Apr 2022018104.226.84$123
Mar 2022012108.885.08$61
Feb 202201291.054.86$58
Jan 202201381.844.54$59
Dec 202101471.323.90$55
Nov 20210777.435.24$37
Oct 20210179.795.71$6
Sep 202102369.865.35$123
Aug 202104366.024.22$181
Jul 202107670.783.98$303
Jun 202101969.493.38$64
May 20210063.483.02$0
Apr 202101060.362.76$28
Mar 20210061.302.72$0
Feb 20210757.805.55$39
Jan 202102350.412.81$65
Dec 202001044.642.68$27
Nov 202002138.772.71$57
Oct 202002836.972.48$69
Sep 202001337.091.99$26
Aug 202003039.982.39$72
Jul 202002438.371.83$44
Jun 202001434.901.69$24
May 202002516.921.81$45
Apr 202002114.751.80$38
Mar 20200030.341.86$0
Feb 202001949.881.98$38
Jan 202001357.252.09$27
Dec 201901159.012.30$25
Nov 201902055.302.75$55
Oct 201901453.472.42$34
Sep 201902355.052.66$61
Aug 201905053.112.30$115
Jul 201903956.272.46$96
Jun 201901152.782.49$27
May 201908358.482.74$227
Apr 201901362.632.75$36
Mar 201902256.803.06$67
Feb 20190950.852.79$25
Jan 201902046.033.23$65
Dec 201801146.594.19$46
Nov 201801352.934.24$55
Oct 201801961.443.40$65
Sep 201801159.543.11$34
Aug 201801559.403.07$46
Jul 20180365.142.93$9
Jun 20180060.183.08$0
May 201801365.382.90$38
Apr 201801463.842.90$41
Mar 201801761.222.79$47
Feb 20180061.782.77$0
Jan 20180662.874.01$24
Dec 20170057.272.92$0
Nov 201702355.423.12$72
Oct 201707249.292.98$215
Sep 2017012647.523.09$389
Aug 2017014945.373.00$448
Jul 2017015643.873.09$482
Jun 2017014342.493.09$441
May 2017015045.373.26$490
Apr 201707047.933.21$225
Mar 201706046.772.98$179
Feb 2017011150.452.95$328
Jan 2017012949.413.42$441
Dec 2016010548.763.72$391
Nov 2016015342.492.64$405
Oct 2016017646.193.09$544
Sep 2016015541.553.10$481
Aug 2016014441.442.92$421
Jul 2016017541.622.92$512
Jun 201609845.352.69$263
May 201608042.521.99$159
Apr 201605336.561.99$106
Mar 201608433.011.79$151
Feb 201601,02326.472.06$2,111
Jan 2016090127.352.36$2,130
Dec 201501,04732.362.00$2,095
Nov 201501,16338.792.17$2,521
Oct 201501,30043.552.43$3,155
Sep 2015098342.992.76$2,712
Aug 201501,33740.162.87$3,841
Jul 201501,66048.152.95$4,889
Jun 201501,75256.152.88$5,051
May 201501,91455.212.96$5,657
Apr 201502,09249.822.71$5,662
Mar 201502,37842.892.93$6,979
Feb 201502,40944.662.98$7,170
Jan 201503,24443.433.10$10,058
Dec 201403,65454.693.59$13,123
Nov 201403,01170.464.25$12,802
Oct 201403,27578.303.90$12,776
Sep 201403,15986.164.05$12,780
Aug 201403,32589.394.04$13,417
Jul 201403,95096.564.18$16,509
Jun 201403,73398.164.74$17,683
May 201403,35694.734.73$15,862
Apr 201403,85695.944.81$18,544
Mar 201403,23995.895.06$16,379
Feb 201402,82497.406.19$17,486
Jan 201402,40090.404.86$11,666
Dec 201303,08991.824.35$13,451
Nov 201302,79588.853.74$10,448
Oct 201304,43797.423.78$16,769
Sep 201304,286104.113.72$15,934
Aug 201304,729104.253.52$16,658
Jul 201304,484102.523.72$16,670
Jun 201304,44494.403.93$17,480
May 201304,81194.834.15$19,961
Apr 201305,04393.964.28$21,597
Mar 201305,37393.623.91$21,024
Feb 201304,78991.233.42$16,378
Jan 201305,37591.603.42$18,382
Dec 201205,05986.773.42$17,303
Nov 201205,35786.953.62$19,419
Oct 201205,92689.383.40$20,147
Sep 201205,66994.672.92$16,544
Aug 201205,78792.662.91$16,830
Jul 201205,95285.133.02$17,980
Jun 201205,85079.822.52$14,736
May 201205,99391.612.49$14,913
Apr 201205,880101.652.00$11,741
Mar 201205,254105.052.22$11,675
Feb 201205,722101.102.57$14,707
Jan 201206,54198.092.73$17,884
Dec 201106,50196.873.24$21,062
Nov 201106,13995.723.31$20,328
Oct 201106,58984.983.65$24,040
Sep 201106,55383.623.99$26,119
Aug 201106,94783.404.15$28,825
Jul 201106,84394.144.52$30,911
Jun 201107,11792.904.64$33,022
May 201107,50298.134.40$33,045
Apr 201106,837105.964.33$29,627
Mar 201107,46096.364.06$30,268
Feb 201106,81385.644.18$28,478
Jan 201107,96986.504.59$36,568
Dec 201008,23985.734.35$35,821
Nov 201006,95580.843.80$26,397
Oct 201008,62378.103.51$30,257
Sep 201007,95872.633.98$31,669
Aug 201009,60673.684.42$42,452
Jul 201009,42072.554.74$44,618
Jun 201008,07570.364.91$39,651
May 201007,72671.124.24$32,721
Apr 201008,89581.694.12$36,671
Mar 201009,18578.394.39$40,310
Feb 201008,93473.585.44$48,622
Jan 201008,71774.365.96$51,989
Dec 200909,08571.445.48$49,820
Nov 200907,73774.593.75$29,025
Oct 200909,67472.544.11$39,763
Sep 200909,98865.543.06$30,611
Aug 2009011,11267.423.22$35,764
Jul 2009011,44161.133.46$39,637
Jun 2009011,63466.163.90$45,314
May 2009012,37654.743.93$48,585
Apr 2009013,28846.773.59$47,671
Mar 2009015,48742.144.06$62,862
Feb 2009014,32432.814.63$66,363
Jan 2009015,29335.865.37$82,139
Dec 2008013,95337.105.98$83,399
Nov 2008014,53755.496.86$99,729
Oct 200809,20975.246.92$63,745
Sep 2008013,503101.767.88$106,364
Aug 2008014,932114.228.48$126,668
Jul 2008015,325131.0811.39$174,543
Jun 2008016,446131.3313.03$214,335
May 20082219,306123.1711.57$226,163
Apr 2008020,970110.3110.45$219,238
Mar 20081325,697101.909.66$249,662
Feb 2008528,72092.538.77$252,354
Jan 20081535,14390.388.21$289,730
Dec 2007329,08088.337.30$212,606
Nov 2007028,21491.677.29$205,728
Oct 20071182.856.92$90
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200701,28170.906.39$8,183
Jun 200708,82462.007.55$66,608
May 200709,18958.747.85$72,099
Apr 200709,15159.617.81$71,425
Mar 200709,40156.927.30$68,646
Feb 200708,27955.108.22$68,020
Jan 200709,39550.306.73$63,199
Dec 200609,72056.656.92$67,247
Nov 200609,64954.207.62$73,501
Oct 2006010,31454.906.01$62,026
Sep 200609,94460.085.04$50,090
Aug 200605,38068.717.34$39,489
Jul 2006011969.376.34$755

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                   40 Mcf  × $  3.05 =       $122

────────────────────────────────────────────────────
Month total                                     $122

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/224212 is the state's own key, not one this site invented.