PICKETT #1 GAS UNIT

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 229677District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
May 2007 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
229
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 Gas112007-10-18178159
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
CondensateDisposition182 bbl$14,751
GasProduction1,116,254 Mcf$5,613,549
Total$5,628,300

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 31.6517, -96.1876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65165, -96.18756 · 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
12,943 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 12,943 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-161337091212,943 ftMay 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 (229)

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

229 months

May 202602,159106.413.05$6,576
Apr 202602,34298.932.87$6,721
Mar 202602,28689.753.15$7,200
Feb 202602,16863.503.75$8,131
Jan 202602,27959.138.00$18,227
Dec 202502,36256.664.41$10,424
Nov 202502,17158.593.93$8,524
Oct 202503,20159.383.30$10,579
Sep 202502,30662.743.08$7,095
Aug 202502,41663.933.01$7,284
Jul 202502,20566.743.32$7,310
Jun 202502,27466.483.13$7,115
May 202502,13460.553.23$6,898
Apr 202501,54862.363.54$5,485
Mar 202502,30567.704.27$9,838
Feb 202502,03570.884.34$8,834
Jan 202502,19174.324.28$9,375
Dec 202401,08268.993.12$3,377
Nov 202402,10469.052.20$4,626
Oct 202402,62471.372.28$5,986
Sep 202402,64369.612.36$6,249
Aug 202401,71175.632.06$3,531
Jul 202402,64279.932.15$5,671
Jun 202402,98578.082.63$7,862
May 2024057378.812.20$1,260
Apr 202412,09384.451.66$3,557
Mar 202403,32880.301.55$5,142
Feb 202404,15976.091.78$7,418
Jan 202403,70773.023.30$12,224
Dec 202304,25871.262.61$11,116
Nov 202303,34477.892.81$9,388
Oct 202304,00285.443.09$12,355
Sep 202303,95689.042.74$10,820
Aug 202304,57980.522.67$12,239
Jul 202304,86974.852.64$12,863
Jun 202304,51268.962.26$10,190
May 202304,95970.622.23$11,046
Apr 202305,61478.122.24$12,563
Mar 202305,07672.852.39$12,148
Feb 202303,90275.112.47$9,621
Jan 202303,97176.533.39$13,453
Dec 202204,32876.415.73$24,795
Nov 202204,25585.005.65$24,025
Oct 202204,56487.185.86$26,762
Sep 202204,27484.888.16$34,892
Aug 202204,22994.529.13$38,599
Jul 202203,310101.587.54$24,964
Jun 202202,246115.097.98$17,917
May 202204,204109.378.43$35,453
Apr 202203,797104.226.84$25,962
Mar 202203,140108.885.08$15,940
Feb 202202,05391.054.86$9,975
Jan 202201,22681.844.54$5,563
Dec 202101,58871.323.90$6,192
Nov 202102,31077.435.24$12,097
Oct 202102,37279.795.71$13,553
Sep 202102,16169.865.35$11,563
Aug 202103,32966.024.22$14,050
Jul 202102,74070.783.98$10,911
Jun 202101,91769.493.38$6,481
May 202101,91463.483.02$5,776
Apr 202101,71760.362.76$4,736
Mar 202102,11161.302.72$5,735
Feb 202101,34757.805.55$7,473
Jan 202102,28150.412.81$6,410
Dec 202002,42544.642.68$6,488
Nov 202002,94838.772.71$7,979
Oct 202002,98036.972.48$7,386
Sep 202002,67637.091.99$5,328
Aug 202002,96039.982.39$7,060
Jul 202002,81338.371.83$5,134
Jun 202002,40334.901.69$4,062
May 202002,60716.921.81$4,731
Apr 202003,45314.751.80$6,231
Mar 202002,74830.341.86$5,101
Feb 202002,36749.881.98$4,688
Jan 202002,15957.252.09$4,523
Dec 201901,80959.012.30$4,169
Nov 201901,61155.302.75$4,431
Oct 201902,20553.472.42$5,333
Sep 201902,06155.052.66$5,477
Aug 201902,23853.112.30$5,157
Jul 201902,00556.272.46$4,932
Jun 201902,58952.782.49$6,450
May 201903,45958.482.74$9,479
Apr 201903,44762.632.75$9,482
Mar 201902,87656.803.06$8,807
Feb 201902,36550.852.79$6,604
Jan 201902,75846.033.23$8,903
Dec 201802,19346.594.19$9,179
Nov 201801,55252.934.24$6,576
Oct 201803,23161.443.40$10,979
Sep 201802,11759.543.11$6,580
Aug 201802,59659.403.07$7,961
Jul 201802,53165.142.93$7,421
Jun 201802,84260.183.08$8,745
May 201803,26565.382.90$9,471
Apr 201803,27163.842.90$9,489
Mar 201803,35961.222.79$9,361
Feb 201803,06261.782.77$8,470
Jan 201802,62362.874.01$10,516
Dec 201704,06957.272.92$11,888
Nov 201703,98555.423.12$12,427
Oct 201703,22949.292.98$9,634
Sep 201703,48147.523.09$10,747
Aug 201703,38145.373.00$10,158
Jul 201703,26043.873.09$10,065
Jun 201702,84442.493.09$8,780
May 201702,70745.373.26$8,834
Apr 201702,80447.933.21$9,005
Mar 201702,86446.772.98$8,545
Feb 201702,48150.452.95$7,325
Jan 201703,10149.413.42$10,602
Dec 201603,33948.763.72$12,431
Nov 201602,69042.492.64$7,113
Oct 201602,88046.193.09$8,900
Sep 201602,10941.553.10$6,539
Aug 201603,41041.442.92$9,972
Jul 201602,56341.622.92$7,495
Jun 201603,00445.352.69$8,068
May 201603,69842.521.99$7,363
Apr 201602,99236.561.99$5,957
Mar 201603,60933.011.79$6,475
Feb 201603,41826.472.06$7,053
Jan 201603,68527.352.36$8,713
Dec 201503,91732.362.00$7,840
Nov 201503,49638.792.17$7,577
Oct 201503,52143.552.43$8,544
Sep 201513,70842.992.76$10,271
Aug 201503,10340.162.87$8,913
Jul 201504,17748.152.95$12,302
Jun 201503,86656.152.88$11,145
May 201504,09955.212.96$12,114
Apr 201503,54549.822.71$9,595
Mar 201502,47342.892.93$7,258
Feb 201502,83044.662.98$8,423
Jan 201502,29743.433.10$7,122
Dec 201403,26554.693.59$11,726
Nov 201403,31270.464.25$14,082
Oct 201403,77578.303.90$14,726
Sep 201403,75386.164.05$15,183
Aug 201403,63389.394.04$14,660
Jul 201403,53596.564.18$14,775
Jun 201403,28998.164.74$15,580
May 201403,54694.734.73$16,760
Apr 201403,51795.944.81$16,914
Mar 201402,98295.895.06$15,079
Feb 201403,19297.406.19$19,765
Jan 201402,98990.404.86$14,529
Dec 201302,89591.824.35$12,606
Nov 201303,00388.853.74$11,226
Oct 201303,07297.423.78$11,610
Sep 201302,672104.113.72$9,934
Aug 201302,699104.253.52$9,508
Jul 201303,719102.523.72$13,826
Jun 201303,76994.403.93$14,825
May 201303,93494.834.15$16,322
Apr 201303,35893.964.28$14,381
Mar 201304,32293.623.91$16,911
Feb 201303,81691.233.42$13,050
Jan 201304,13691.603.42$14,145
Dec 201204,17686.773.42$14,283
Nov 201204,23586.953.62$15,352
Oct 201204,32889.383.40$14,714
Sep 201204,35494.672.92$12,707
Aug 201204,53792.662.91$13,194
Jul 201204,54385.133.02$13,723
Jun 201204,69779.822.52$11,832
May 201204,03291.612.49$10,033
Apr 201202,354101.652.00$4,700
Mar 201204,613105.052.22$10,250
Feb 201204,569101.102.57$11,743
Jan 201204,32698.092.73$11,828
Dec 201104,09196.873.24$13,254
Nov 201105,37695.723.31$17,801
Oct 201103,85184.983.65$14,051
Sep 201105,13283.623.99$20,455
Aug 201134,92583.404.15$20,686
Jul 201125,24094.144.52$23,859
Jun 201145,23192.904.64$24,643
May 201114,99498.134.40$22,096
Apr 201104,855105.964.33$21,038
Mar 201105,37696.364.06$21,812
Feb 201105,07585.644.18$21,213
Jan 201104,88486.504.59$22,412
Dec 201005,06885.734.35$22,034
Nov 201005,68680.843.80$21,580
Oct 201005,39378.103.51$18,923
Sep 201005,68772.633.98$22,631
Aug 201006,16073.684.42$27,223
Jul 201006,27472.554.74$29,717
Jun 201005,68170.364.91$27,896
May 201006,47471.124.24$27,419
Apr 201006,83981.694.12$28,195
Mar 201006,98278.394.39$30,642
Feb 201004,74173.585.44$25,802
Jan 201005,69374.365.96$33,954
Dec 200907,28071.445.48$39,922
Nov 200905,72474.593.75$21,474
Oct 200907,10672.544.11$29,207
Sep 200906,61565.543.06$20,273
Aug 200908,71367.423.22$28,043
Jul 200906,35561.133.46$22,017
Jun 200917,37666.163.90$28,796
May 200905,25454.743.93$20,626
Apr 200905,56746.773.59$19,972
Mar 200978,93442.144.06$36,558
Feb 200935,49832.814.63$25,571
Jan 200998,31635.865.37$44,988
Dec 200808,72937.105.98$52,174
Nov 200888,31655.496.86$57,495
Oct 200888,97575.246.92$62,727
Sep 200889,278101.767.88$73,898
Aug 200849,581114.228.48$81,733
Jul 2008410,610131.0811.39$121,366
Jun 2008411,067131.3313.03$144,757
May 2008911,727123.1711.57$136,840
Apr 2008112,124110.3110.45$126,865
Mar 2008512,802101.909.66$124,229
Feb 20081313,93992.538.77$123,456
Jan 20081415,11490.388.21$125,287
Dec 2007917,49688.337.30$128,550
Nov 2007919,07191.677.29$139,885
Oct 20071121,70482.856.92$151,146
Sep 2007423,86675.846.24$149,326
Aug 2007923,70269.066.39$152,028
Jul 2007636,13570.906.39$231,254
Jun 20072459,68162.007.55$451,987
May 2007037,21758.747.85$292,015

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                2,159 Mcf  × $  3.05 =     $6,576

────────────────────────────────────────────────────
Month total                                   $6,576

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/229677 is the state's own key, not one this site invented.