OAKES-TURNER GAS UNIT NO. 1

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 229840District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
228
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 Gas112008-02-06175548
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
CondensateDisposition2,214 bbl$189,695
GasProduction1,135,082 Mcf$5,647,921
Total$5,837,616

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 31.4686, -96.2666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46855, -96.26658 · 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
13,750 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 13,750 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-16133380713,750 ftJun 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 (228)

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

228 months

May 2026035106.413.05$107
Apr 202602498.932.87$69
Mar 202603789.753.15$117
Feb 202605463.503.75$203
Jan 202603559.138.00$280
Dec 202503356.664.41$146
Nov 202512958.593.93$172
Oct 2025142,62359.383.30$9,500
Sep 202562,58662.743.08$8,333
Aug 2025132,51863.933.01$8,422
Jul 202502,48066.743.32$8,222
Jun 202501,73566.483.13$5,428
May 202512,07460.553.23$6,764
Apr 202521,97962.363.54$7,137
Mar 202552,11167.704.27$9,349
Feb 202501,26270.884.34$5,478
Jan 202501,13174.324.28$4,839
Dec 202432,09568.993.12$6,746
Nov 202402,25469.052.20$4,955
Oct 202422,45171.372.28$5,734
Sep 202412,38969.612.36$5,718
Aug 202402,20775.632.06$4,554
Jul 202422,59079.932.15$5,720
Jun 202483,01078.082.63$8,553
May 202452,82378.812.20$6,600
Apr 202462,79184.451.66$5,138
Mar 202482,80980.301.55$4,983
Feb 202402,84076.091.78$5,066
Jan 202412,03573.023.30$6,784
Dec 202302,01871.262.61$5,268
Nov 202302,57177.892.81$7,218
Oct 202302,67285.443.09$8,249
Sep 202302,64089.042.74$7,221
Aug 202302,71780.522.67$7,262
Jul 202302,72574.852.64$7,199
Jun 202302,58768.962.26$5,843
May 202302,63170.622.23$5,860
Apr 202302,57478.122.24$5,760
Mar 202302,90372.852.39$6,947
Feb 202302,68275.112.47$6,613
Jan 202302,62776.533.39$8,900
Dec 202202,87276.415.73$16,454
Nov 202202,66585.005.65$15,047
Oct 202202,76287.185.86$16,196
Sep 202202,65084.888.16$21,634
Aug 202202,80894.529.13$25,629
Jul 202202,614101.587.54$19,715
Jun 202202,701115.097.98$21,546
May 202202,698109.378.43$22,752
Apr 202201,319104.226.84$9,019
Mar 202201,126108.885.08$5,716
Feb 202202,32391.054.86$11,287
Jan 202201,24481.844.54$5,645
Dec 202102,37271.323.90$9,249
Nov 202101,57877.435.24$8,264
Oct 202102,18579.795.71$12,485
Sep 202102,87869.865.35$15,400
Aug 202102,97066.024.22$12,535
Jul 202103,16670.783.98$12,607
Jun 202103,16569.493.38$10,700
May 202103,13063.483.02$9,445
Apr 202101,45660.362.76$4,016
Mar 202102,84961.302.72$7,741
Feb 202101,97857.805.55$10,974
Jan 202103,11150.412.81$8,743
Dec 202003,02444.642.68$8,091
Nov 202002,93038.772.71$7,930
Oct 202001,11236.972.48$2,756
Sep 202001,65737.091.99$3,299
Aug 202001,50239.982.39$3,582
Jul 202001,46238.371.83$2,668
Jun 202001,71634.901.69$2,901
May 202003,33216.921.81$6,047
Apr 202001,57314.751.80$2,838
Mar 202001,81630.341.86$3,371
Feb 202001,59649.881.98$3,161
Jan 202001,93857.252.09$4,060
Dec 201901,90759.012.30$4,394
Nov 201901,76755.302.75$4,860
Oct 201902,11953.472.42$5,125
Sep 201902,27755.052.66$6,051
Aug 201902,50153.112.30$5,763
Jul 201902,71056.272.46$6,667
Jun 201902,30352.782.49$5,737
May 201902,14058.482.74$5,864
Apr 201901,58562.632.75$4,360
Mar 201901,98656.803.06$6,081
Feb 201901,81950.852.79$5,079
Jan 201901,88846.033.23$6,095
Dec 201802,43446.594.19$10,187
Nov 201802,39452.934.24$10,144
Oct 201801,97461.443.40$6,708
Sep 201802,98059.543.11$9,262
Aug 201802,38059.403.07$7,298
Jul 201802,83565.142.93$8,312
Jun 201803,32160.183.08$10,218
May 201803,19865.382.90$9,277
Apr 201802,55363.842.90$7,406
Mar 201803,15961.222.79$8,804
Feb 201802,41561.782.77$6,680
Jan 201803,75962.874.01$15,071
Dec 201703,56157.272.92$10,404
Nov 201703,26155.423.12$10,169
Oct 201702,50549.292.98$7,474
Sep 201704,03647.523.09$12,460
Aug 201702,83445.373.00$8,514
Jul 201702,86943.873.09$8,857
Jun 201702,93542.493.09$9,061
May 201703,26445.373.26$10,652
Apr 201702,93647.933.21$9,429
Mar 201702,84746.772.98$8,495
Feb 201704,58150.452.95$13,526
Jan 201705,92549.413.42$20,256
Dec 201606,46548.763.72$24,068
Nov 201606,62642.492.64$17,521
Oct 201606,87246.193.09$21,236
Sep 201607,10341.553.10$22,024
Aug 201607,29241.442.92$21,324
Jul 201606,58641.622.92$19,260
Jun 201607,30445.352.69$19,617
May 201607,61442.521.99$15,160
Apr 201607,50136.561.99$14,935
Mar 201607,69633.011.79$13,807
Feb 201607,19926.472.06$14,856
Jan 201608,24027.352.36$19,482
Dec 201508,44932.362.00$16,910
Nov 201507,91938.792.17$17,163
Oct 201506,79943.552.43$16,498
Sep 2015040242.992.76$1,109
Aug 201503,18640.162.87$9,152
Jul 201503,34648.152.95$9,854
Jun 201503,20656.152.88$9,242
May 201503,43455.212.96$10,149
Apr 201503,32949.822.71$9,010
Mar 201503,55542.892.93$10,433
Feb 201502,97544.662.98$8,854
Jan 201503,50743.433.10$10,874
Dec 201403,54554.693.59$12,731
Nov 201403,47770.464.25$14,784
Oct 201403,54078.303.90$13,809
Sep 201403,49986.164.05$14,155
Aug 201404,29289.394.04$17,319
Jul 201403,87996.564.18$16,213
Jun 201403,59298.164.74$17,015
May 201403,99694.734.73$18,887
Apr 201403,68895.944.81$17,736
Mar 201404,00295.895.06$20,237
Feb 201403,46097.406.19$21,424
Jan 201403,97190.404.86$19,302
Dec 201303,94591.824.35$17,178
Nov 201304,23988.853.74$15,847
Oct 201304,26697.423.78$16,123
Sep 201304,482104.113.72$16,663
Aug 201304,366104.253.52$15,380
Jul 201304,635102.523.72$17,232
Jun 201304,96394.403.93$19,522
May 201304,49594.834.15$18,650
Apr 201305,14193.964.28$22,017
Mar 201305,29393.623.91$20,711
Feb 201304,39791.233.42$15,037
Jan 201305,05091.603.42$17,271
Dec 201205,88486.773.42$20,124
Nov 201206,09886.953.62$22,105
Oct 201206,17289.383.40$20,983
Sep 201206,28894.672.92$18,351
Aug 201207,20792.662.91$20,959
Jul 201204,21985.133.02$12,745
Jun 201203,39579.822.52$8,552
May 201203,66691.612.49$9,122
Apr 201204,446101.652.00$8,878
Mar 201204,182105.052.22$9,293
Feb 201203,746101.102.57$9,628
Jan 201203,81698.092.73$10,433
Dec 201104,48596.873.24$14,530
Nov 20111753,84795.723.31$29,489
Oct 201104,57384.983.65$16,685
Sep 201104,02083.623.99$16,023
Aug 201104,74983.404.15$19,705
Jul 201104,51094.144.52$20,373
Jun 201124,71892.904.64$22,077
May 201115,10898.134.40$22,598
Apr 201104,918105.964.33$21,311
Mar 201114,91896.364.06$20,050
Feb 201105,05185.644.18$21,113
Jan 201102,90886.504.59$13,344
Dec 2010161,34385.734.35$7,211
Nov 2010020980.843.80$793
Oct 2010039678.103.51$1,390
Sep 2010035272.633.98$1,401
Aug 2010093173.684.42$4,114
Jul 201002,91072.554.74$13,783
Jun 201003,55370.364.91$17,447
May 201004,38271.124.24$18,559
Apr 201004,99081.694.12$20,572
Mar 201004,74178.394.39$20,807
Feb 201005,04073.585.44$27,429
Jan 201006,69774.365.96$39,942
Dec 200907,49171.445.48$41,079
Nov 200908,78274.593.75$32,946
Oct 20091798,71572.544.11$48,805
Sep 2009010,04965.543.06$30,798
Aug 200909,84567.423.22$31,686
Jul 2009010,15461.133.46$35,179
Jun 200917110,37266.163.90$51,712
May 2009010,63354.743.93$41,743
Apr 2009910,03946.773.59$36,436
Mar 20091711,71642.144.06$48,272
Feb 200969,52632.814.63$44,331
Jan 2009711,27035.865.37$60,782
Dec 200818011,36737.105.98$74,620
Nov 2008512,90055.496.86$88,776
Oct 2008613,83375.246.92$96,203
Sep 2008812,304101.767.88$97,734
Aug 200818314,836114.228.48$146,756
Jul 20081615,141131.0811.39$174,545
Jun 200819512,894131.3313.03$193,652
May 20081917,098123.1711.57$200,237
Apr 20081517,021110.3110.45$179,607
Mar 200820219,086101.909.66$205,032
Feb 20086519,38392.538.77$176,015
Jan 20087720,83790.388.21$177,942
Dec 20076425,41588.337.30$191,233
Nov 20075330,31491.677.29$225,899
Oct 200722042,61482.856.92$313,200
Sep 2007925,53975.846.24$160,152
Aug 200717016,17969.066.39$115,091
Jul 20073328,56470.906.39$184,805
Jun 20073211,25662.007.55$86,949

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                   35 Mcf  × $  3.05 =       $107

────────────────────────────────────────────────────
Month total                                     $107

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/229840 is the state's own key, not one this site invented.