ORAND #1

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 229514District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
231
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112007-10-01178013
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
CondensateDisposition353 bbl$25,143
GasProduction1,277,575 Mcf$6,448,918
Total$6,474,061

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 31.7378, -96.1748. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73779, -96.17477 · 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
12,514 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 12,514 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-16133463312,514 ftMar 2007

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 (231)

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

231 months

May 202622,096106.413.05$6,597
Apr 202642,01798.932.87$6,184
Mar 202612,08689.753.15$6,659
Feb 202621,81063.503.75$6,915
Jan 202622,03459.138.00$16,386
Dec 202522,14656.664.41$9,584
Nov 202502,01558.593.93$7,912
Oct 202512,06859.383.30$6,894
Sep 202501,98662.743.08$6,111
Aug 202502,12163.933.01$6,394
Jul 202512,04666.743.32$6,850
Jun 202512,03166.483.13$6,421
May 202522,13460.553.23$7,019
Apr 202522,04162.363.54$7,356
Mar 202522,05867.704.27$8,920
Feb 202501,78470.884.34$7,744
Jan 202511,84474.324.28$7,964
Dec 202401,91568.993.12$5,977
Nov 202401,63169.052.20$3,586
Oct 202401,98571.372.28$4,529
Sep 202401,60169.612.36$3,785
Aug 202411,53675.632.06$3,245
Jul 202411,95679.932.15$4,279
Jun 202402,03278.082.63$5,352
May 202412,18878.812.20$4,889
Apr 202422,20984.451.66$3,834
Mar 202401,87080.301.55$2,889
Feb 202401,68876.091.78$3,011
Jan 202441,74573.023.30$6,047
Dec 202301,31171.262.61$3,423
Nov 202301,52177.892.81$4,270
Oct 202301,53985.443.09$4,751
Sep 202301,80989.042.74$4,948
Aug 202301,92380.522.67$5,140
Jul 202301,74974.852.64$4,621
Jun 202301,47868.962.26$3,338
May 202301,94370.622.23$4,328
Apr 202301,92778.122.24$4,312
Mar 202301,90672.852.39$4,561
Feb 202301,72275.112.47$4,246
Jan 202301,53676.533.39$5,204
Dec 202201,78276.415.73$10,209
Nov 202201,76385.005.65$9,954
Oct 202201,90987.185.86$11,194
Sep 202201,88484.888.16$15,380
Aug 202202,00694.529.13$18,309
Jul 202202,178101.587.54$16,427
Jun 202202,099115.097.98$16,744
May 202202,183109.378.43$18,409
Apr 202202,097104.226.84$14,338
Mar 202202,154108.885.08$10,935
Feb 202201,62991.054.86$7,915
Jan 202202,03381.844.54$9,225
Dec 202102,18371.323.90$8,512
Nov 202102,07877.435.24$10,882
Oct 202102,42079.795.71$13,828
Sep 202102,10769.865.35$11,274
Aug 202102,39566.024.22$10,108
Jul 202102,52870.783.98$10,067
Jun 202102,19569.493.38$7,420
May 202102,03363.483.02$6,135
Apr 202102,08060.362.76$5,738
Mar 202102,39161.302.72$6,496
Feb 202101,76757.805.55$9,803
Jan 202102,30850.412.81$6,486
Dec 202002,42344.642.68$6,483
Nov 202002,36438.772.71$6,398
Oct 202002,50736.972.48$6,213
Sep 202001,60637.091.99$3,198
Aug 202001,93939.982.39$4,625
Jul 202002,43438.371.83$4,442
Jun 202002,73734.901.69$4,626
May 202002,56216.921.81$4,649
Apr 202002,62714.751.80$4,740
Mar 202002,81130.341.86$5,218
Feb 202002,54749.881.98$5,045
Jan 202002,67357.252.09$5,599
Dec 201902,54759.012.30$5,869
Nov 201902,20455.302.75$6,063
Oct 201902,58753.472.42$6,257
Sep 201902,60655.052.66$6,925
Aug 201902,73153.112.30$6,293
Jul 201902,71956.272.46$6,689
Jun 201902,60552.782.49$6,490
May 201902,73558.482.74$7,495
Apr 201902,60062.632.75$7,152
Mar 201902,70656.803.06$8,286
Feb 201902,41250.852.79$6,735
Jan 201902,70246.033.23$8,723
Dec 201802,75346.594.19$11,523
Nov 201802,59652.934.24$11,000
Oct 201802,81161.443.40$9,552
Sep 201802,77959.543.11$8,637
Aug 201802,91859.403.07$8,948
Jul 201802,87765.142.93$8,435
Jun 201802,45060.183.08$7,538
May 201802,83965.382.90$8,235
Apr 201802,93063.842.90$8,499
Mar 201803,12561.222.79$8,709
Feb 201802,71561.782.77$7,510
Jan 201802,82462.874.01$11,322
Dec 201702,90057.272.92$8,472
Nov 201702,92855.423.12$9,131
Oct 201703,24449.292.98$9,679
Sep 201703,04347.523.09$9,395
Aug 201703,36045.373.00$10,095
Jul 201703,29943.873.09$10,185
Jun 201703,12342.493.09$9,642
May 201703,23545.373.26$10,557
Apr 201702,95847.933.21$9,500
Mar 201703,19346.772.98$9,527
Feb 201703,33750.452.95$9,853
Jan 2017883,25249.413.42$15,466
Dec 201604,33548.763.72$16,138
Nov 201603,73442.492.64$9,874
Oct 201603,66546.193.09$11,326
Sep 201603,62441.553.10$11,237
Aug 201603,11741.442.92$9,115
Jul 201603,08141.622.92$9,010
Jun 201603,38045.352.69$9,078
May 201603,66342.521.99$7,293
Apr 201603,48436.561.99$6,937
Mar 201603,73533.011.79$6,701
Feb 201603,74826.472.06$7,734
Jan 201603,99527.352.36$9,446
Dec 201504,13432.362.00$8,274
Nov 201503,96938.792.17$8,602
Oct 201503,87443.552.43$9,401
Sep 201523,90442.992.76$10,855
Aug 201504,17940.162.87$12,004
Jul 201504,07948.152.95$12,013
Jun 201503,83256.152.88$11,047
May 201503,86355.212.96$11,417
Apr 201503,72749.822.71$10,087
Mar 201503,84642.892.93$11,287
Feb 201502,97944.662.98$8,866
Jan 201504,02843.433.10$12,489
Dec 201403,74254.693.59$13,439
Nov 201404,07070.464.25$17,305
Oct 201403,30778.303.90$12,900
Sep 201402,87386.164.05$11,623
Aug 201403,14189.394.04$12,674
Jul 201403,44996.564.18$14,415
Jun 201405,40198.164.74$25,584
May 201405,84194.734.73$27,608
Apr 201405,77195.944.81$27,753
Mar 201406,00495.895.06$30,361
Feb 201405,52197.406.19$34,186
Jan 201405,52490.404.86$26,851
Dec 201306,01491.824.35$26,188
Nov 201306,04988.853.74$22,613
Oct 201306,00097.423.78$22,676
Sep 201305,995104.113.72$22,288
Aug 201306,204104.253.52$21,854
Jul 201306,231102.523.72$23,165
Jun 201305,98894.403.93$23,553
May 201306,27694.834.15$26,040
Apr 201305,98893.964.28$25,644
Mar 201306,02293.623.91$23,563
Feb 201305,75491.233.42$19,678
Jan 201305,03691.603.42$17,223
Dec 201205,27186.773.42$18,028
Nov 201206,24586.953.62$22,638
Oct 201206,67889.383.40$22,703
Sep 201206,55894.672.92$19,139
Aug 201206,79492.662.91$19,758
Jul 201206,28085.133.02$18,971
Jun 201205,68679.822.52$14,323
May 201206,84491.612.49$17,030
Apr 201206,815101.652.00$13,608
Mar 201207,306105.052.22$16,235
Feb 201206,843101.102.57$17,588
Jan 201207,41798.092.73$20,279
Dec 201107,46096.873.24$24,168
Nov 201107,15095.723.31$23,676
Oct 201107,54384.983.65$27,521
Sep 201109,32083.623.99$37,148
Aug 201107,99783.404.15$33,182
Jul 201107,25894.144.52$32,786
Jun 201106,06192.904.64$28,122
May 201105,89298.134.40$25,953
Apr 201105,588105.964.33$24,214
Mar 201114,21696.364.06$17,202
Feb 201103,73485.644.18$15,608
Jan 201103,43586.504.59$15,762
Dec 201005,51185.734.35$23,960
Nov 201006,27080.843.80$23,797
Oct 201018,80778.103.51$30,981
Sep 201008,86572.633.98$35,278
Aug 201019,40973.684.42$41,655
Jul 201029,73272.554.74$46,241
Jun 2010110,06470.364.91$49,489
May 2010011,00471.124.24$46,604
Apr 2010011,04081.694.12$45,515
Mar 2010310,56378.394.39$46,593
Feb 201067,41373.585.44$40,786
Jan 201008,65774.365.96$51,631
Dec 200909,81071.445.48$53,796
Nov 2009010,06574.593.75$37,759
Oct 2009010,85672.544.11$44,621
Sep 2009010,27965.543.06$31,503
Aug 2009011,50667.423.22$37,032
Jul 2009411,40961.133.46$39,771
Jun 2009011,18866.163.90$43,577
May 2009012,21754.743.93$47,961
Apr 2009812,08146.773.59$43,715
Mar 20091212,92042.144.06$52,948
Feb 20091212,17332.814.63$56,791
Jan 2009813,19435.865.37$71,152
Dec 2008013,51237.105.98$80,763
Nov 20081013,91555.496.86$96,017
Oct 20081014,51675.246.92$101,232
Sep 2008813,694101.767.88$108,683
Aug 2008913,780114.228.48$117,924
Jul 2008213,025131.0811.39$148,609
Jun 2008814,822131.3313.03$194,220
May 2008815,414123.1711.57$179,391
Apr 2008615,625110.3110.45$164,019
Mar 20081016,453101.909.66$160,022
Feb 20081415,21592.538.77$134,740
Jan 20081717,98790.388.21$149,133
Dec 20071218,53088.337.30$136,365
Nov 2007919,58891.677.29$143,655
Oct 20071521,43982.856.92$149,643
Sep 2007423,09675.846.24$144,518
Aug 20071817,87669.066.39$115,434
Jul 2007120,63970.906.39$131,912
Jun 2007123,50962.007.55$177,519
May 2007031,87658.747.85$250,108
Apr 20071040,52859.617.81$316,925
Mar 200707,82456.927.30$57,131

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             2 bbl  × $106.41 =       $213
Gas                2,096 Mcf  × $  3.05 =     $6,384

────────────────────────────────────────────────────
Month total                                   $6,597

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/229514 is the state's own key, not one this site invented.