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 225594District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Oct 2006 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
236
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 Gas112007-04-03172441
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
CondensateDisposition554 bbl$39,272
GasProduction1,213,987 Mcf$6,338,412
Total$6,377,684

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 31.4351, -96.3104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43511, -96.31039 · 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
13,850 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 13,850 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-293317631213,850 ftOct 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 (236)

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

236 months

May 202601,800106.413.05$5,483
Apr 2026096898.932.87$2,778
Mar 2026089489.753.15$2,816
Feb 2026063063.503.75$2,363
Jan 2026081059.138.00$6,478
Dec 2025086356.664.41$3,809
Nov 2025096858.593.93$3,801
Oct 2025085459.383.30$2,822
Sep 2025084962.743.08$2,612
Aug 2025081463.933.01$2,454
Jul 202501,13066.743.32$3,746
Jun 202511,11666.483.13$3,558
May 202511,37860.553.23$4,515
Apr 202501,85062.363.54$6,555
Mar 202502,76467.704.27$11,798
Feb 202502,68970.884.34$11,673
Jan 202513,35974.324.28$14,446
Dec 202403,07668.993.12$9,601
Nov 202402,55669.052.20$5,619
Oct 202412,65371.372.28$6,124
Sep 202403,16469.612.36$7,481
Aug 202412,51475.632.06$5,264
Jul 202412,34179.932.15$5,105
Jun 202402,56278.082.63$6,748
May 202412,79878.812.20$6,230
Apr 202413,24584.451.66$5,469
Mar 202402,46880.301.55$3,813
Feb 202402,57276.091.78$4,588
Jan 202412,66373.023.30$8,855
Dec 202302,62671.262.61$6,856
Nov 202302,02977.892.81$5,697
Oct 202302,59785.443.09$8,018
Sep 202303,10489.042.74$8,490
Aug 202302,58480.522.67$6,907
Jul 202302,38774.852.64$6,306
Jun 2023094768.962.26$2,139
May 202302,75770.622.23$6,141
Apr 202301,37978.122.24$3,086
Mar 202302,38372.852.39$5,703
Feb 202302,63475.112.47$6,495
Jan 202301,19976.533.39$4,062
Dec 202201,36376.415.73$7,809
Nov 202203,06685.005.65$17,311
Oct 202202,90987.185.86$17,058
Sep 202202,98284.888.16$24,344
Aug 202201,91194.529.13$17,442
Jul 202202,347101.587.54$17,701
Jun 202201,707115.097.98$13,617
May 202202,366109.378.43$19,953
Apr 202201,838104.226.84$12,568
Mar 202201,825108.885.08$9,264
Feb 202202,49191.054.86$12,103
Jan 202202,98781.844.54$13,554
Dec 202103,72771.323.90$14,532
Nov 202102,94177.435.24$15,402
Oct 202102,50579.795.71$14,313
Sep 202102,92069.865.35$15,625
Aug 202103,07566.024.22$12,978
Jul 202103,35770.783.98$13,368
Jun 202103,65869.493.38$12,366
May 202103,82463.483.02$11,540
Apr 202102,76360.362.76$7,622
Mar 202103,24161.302.72$8,806
Feb 202102,75957.805.55$15,307
Jan 202103,10150.412.81$8,715
Dec 202003,48344.642.68$9,319
Nov 202002,68638.772.71$7,270
Oct 202003,04736.972.48$7,552
Sep 202003,22637.091.99$6,423
Aug 202002,72139.982.39$6,490
Jul 202003,41938.371.83$6,240
Jun 202001,58534.901.69$2,679
May 202001,16016.921.81$2,105
Apr 202002,08614.751.80$3,764
Mar 202003,52030.341.86$6,534
Feb 202001,22149.881.98$2,418
Jan 202001,79457.252.09$3,758
Dec 201902,46759.012.30$5,685
Nov 201901,74155.302.75$4,789
Oct 201901,12453.472.42$2,718
Sep 201902,14155.052.66$5,689
Aug 201902,79953.112.30$6,450
Jul 201901,55756.272.46$3,830
Jun 201902,38452.782.49$5,939
May 2019069958.482.74$1,915
Apr 201901,46762.632.75$4,035
Mar 201903,21156.803.06$9,832
Feb 201903,17150.852.79$8,854
Jan 201903,70646.033.23$11,964
Dec 201803,72746.594.19$15,599
Nov 201803,72052.934.24$15,763
Oct 201803,05061.443.40$10,364
Sep 201801,79059.543.11$5,563
Aug 201803,44559.403.07$10,564
Jul 201805,40565.142.93$15,847
Jun 201802,11460.183.08$6,505
May 2018069465.382.90$2,013
Apr 201803,83963.842.90$11,136
Mar 201803,63061.222.79$10,116
Feb 201804,00861.782.77$11,087
Jan 201802,84762.874.01$11,415
Dec 201703,01557.272.92$8,808
Nov 201703,30755.423.12$10,312
Oct 201703,84049.292.98$11,457
Sep 201704,54947.523.09$14,044
Aug 201705,57645.373.00$16,753
Jul 201703,13043.873.09$9,663
Jun 2017075542.493.09$2,331
May 2017084145.373.26$2,745
Apr 2017031247.933.21$1,002
Mar 2017051946.772.98$1,549
Feb 2017079150.452.95$2,336
Jan 201702,04749.413.42$6,998
Dec 201602,69548.763.72$10,033
Nov 201601,93442.492.64$5,114
Oct 201602,30446.193.09$7,120
Sep 201602,42341.553.10$7,513
Aug 201603,77441.442.92$11,036
Jul 201603,16941.622.92$9,267
Jun 20160045.352.69$0
May 201603,77542.521.99$7,516
Apr 201603,58636.561.99$7,140
Mar 201603,43333.011.79$6,159
Feb 201603,46826.472.06$7,157
Jan 201603,90227.352.36$9,226
Dec 201503,39832.362.00$6,801
Nov 201503,25138.792.17$7,046
Oct 201503,13743.552.43$7,612
Sep 201503,15642.992.76$8,706
Aug 201503,55840.162.87$10,220
Jul 201503,51348.152.95$10,346
Jun 201503,91556.152.88$11,286
May 201503,35855.212.96$9,924
Apr 201503,36949.822.71$9,118
Mar 201503,55742.892.93$10,439
Feb 201503,66144.662.98$10,896
Jan 201503,22243.433.10$9,990
Dec 201403,29554.693.59$11,834
Nov 201403,06770.464.25$13,040
Oct 201403,24678.303.90$12,663
Sep 201402,85486.164.05$11,546
Aug 201403,93089.394.04$15,858
Jul 201403,85196.564.18$16,096
Jun 201403,58298.164.74$16,968
May 201403,81894.734.73$18,046
Apr 201403,03195.944.81$14,576
Mar 201403,89695.895.06$19,701
Feb 201403,56097.406.19$22,044
Jan 201403,82390.404.86$18,583
Dec 201304,20291.824.35$18,298
Nov 201303,08488.853.74$11,529
Oct 201304,45897.423.78$16,848
Sep 201304,141104.113.72$15,395
Aug 201304,482104.253.52$15,788
Jul 201304,184102.523.72$15,555
Jun 201303,42494.403.93$13,468
May 201304,43994.834.15$18,418
Apr 201303,93093.964.28$16,831
Mar 201304,35593.623.91$17,041
Feb 201304,22091.233.42$14,432
Jan 201304,47591.603.42$15,304
Dec 201204,97186.773.42$17,002
Nov 201203,85086.953.62$13,956
Oct 201204,23089.383.40$14,381
Sep 201204,50894.672.92$13,156
Aug 201204,61792.662.91$13,427
Jul 201204,50685.133.02$13,612
Jun 201204,79679.822.52$12,081
May 201205,04591.612.49$12,554
Apr 201204,577101.652.00$9,139
Mar 201205,368105.052.22$11,928
Feb 201205,214101.102.57$13,401
Jan 201205,49398.092.73$15,018
Dec 201106,01596.873.24$19,487
Nov 201105,54695.723.31$18,364
Oct 201107,01284.983.65$25,584
Sep 201107,82683.623.99$31,193
Aug 201103,14683.404.15$13,054
Jul 201102,76794.144.52$12,499
Jun 201172,44792.904.64$12,004
May 201103,91198.134.40$17,227
Apr 201105,875105.964.33$25,458
Mar 201106,88996.364.06$27,951
Feb 201103,79985.644.18$15,880
Jan 201105,77986.504.59$26,519
Dec 201001,53385.734.35$6,665
Nov 201005,22880.843.80$19,842
Oct 201005,55478.103.51$19,488
Sep 201005,69872.633.98$22,675
Aug 201006,11373.684.42$27,016
Jul 201004,84472.554.74$22,944
Jun 201006,75170.364.91$33,150
May 201008,16171.124.24$34,564
Apr 201007,97481.694.12$32,874
Mar 201006,69378.394.39$29,373
Feb 201035,84473.585.44$32,026
Jan 201016,14074.365.96$36,694
Dec 200907,38871.445.48$40,514
Nov 200907,11074.593.75$26,673
Oct 200908,52772.544.11$35,048
Sep 200909,08965.543.06$27,856
Aug 200907,36367.423.22$23,698
Jul 200917,19661.133.46$24,992
Jun 2009010,02166.163.90$39,032
May 200906,02154.743.93$23,637
Apr 200968,38946.773.59$30,376
Mar 200998,86742.144.06$36,370
Feb 200957,49932.814.63$34,907
Jan 200999,66535.865.37$52,233
Dec 200809,35837.105.98$55,934
Nov 2008010,81455.496.86$74,188
Oct 200806,80475.246.92$47,097
Sep 2008210,229101.767.88$80,778
Aug 200805,117114.228.48$43,408
Jul 200857,488131.0811.39$85,939
Jun 2008310,282131.3313.03$134,395
May 200847,940123.1711.57$92,393
Apr 200879,936110.3110.45$104,652
Mar 20082713,791101.909.66$136,028
Feb 20082313,23192.538.77$118,172
Jan 20082415,50790.388.21$129,415
Dec 20073316,31388.337.30$122,032
Nov 20071316,87791.677.29$124,254
Oct 20071218,78882.856.92$131,044
Sep 20072719,91275.846.24$126,381
Aug 20071315,61769.066.39$100,658
Jul 20078225,80170.906.39$170,629
Jun 20077725,60562.007.55$198,052
May 2007014,72958.747.85$115,568
Apr 2007419,28359.617.81$150,746
Mar 2007223,67256.927.30$172,966
Feb 20071833,74555.108.22$278,241
Jan 20073329,02850.306.73$196,927
Dec 20063439,31056.656.92$273,890
Nov 20063645,05854.207.62$345,180
Oct 20062524,98954.906.01$151,651

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                1,800 Mcf  × $  3.05 =     $5,483

────────────────────────────────────────────────────
Month total                                   $5,483

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/225594 is the state's own key, not one this site invented.