REAGAN GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229848District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
May 2007 – May 2026
Value, last 12 filed months
$84 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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112007-10-19175545
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
CondensateDisposition39 bbl$2,709
GasProduction873,382 Mcf$4,393,501
Total$4,396,210

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 31.2408, -96.4514. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24078, -96.45135 · 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
13,080 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 13,080 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-395311941013,080 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 202601,719106.413.05$5,236
Apr 202601,33298.932.87$3,822
Mar 202601,27689.753.15$4,019
Feb 202601,14063.503.75$4,275
Jan 202601,58359.138.00$12,661
Dec 202502,15156.664.41$9,493
Nov 202502,40258.593.93$9,431
Oct 202502,23259.383.30$7,376
Sep 202501,87162.743.08$5,757
Aug 202504,79663.933.01$14,459
Jul 202501,25866.743.32$4,171
Jun 202501,19666.483.13$3,742
May 202501,20060.553.23$3,879
Apr 202501,20962.363.54$4,284
Mar 202501,31067.704.27$5,592
Feb 202501,25970.884.34$5,465
Jan 202501,47274.324.28$6,298
Dec 202401,46668.993.12$4,576
Nov 202401,44069.052.20$3,166
Oct 202401,36671.372.28$3,116
Sep 202401,36269.612.36$3,220
Aug 202401,35975.632.06$2,804
Jul 202401,32779.932.15$2,849
Jun 202401,44878.082.63$3,814
May 202401,30978.812.20$2,878
Apr 202401,72784.451.66$2,865
Mar 202401,49580.301.55$2,310
Feb 202401,75076.091.78$3,121
Jan 202401,52273.023.30$5,019
Dec 202301,68571.262.61$4,399
Nov 202301,96177.892.81$5,506
Oct 202301,96785.443.09$6,073
Sep 202301,67689.042.74$4,584
Aug 202301,61780.522.67$4,322
Jul 202301,90774.852.64$5,038
Jun 202301,74468.962.26$3,939
May 202302,07570.622.23$4,622
Apr 202301,67978.122.24$3,757
Mar 202301,76972.852.39$4,234
Feb 202301,63475.112.47$4,029
Jan 202301,75176.533.39$5,932
Dec 202201,84376.415.73$10,559
Nov 202201,72685.005.65$9,745
Oct 202201,67187.185.86$9,798
Sep 202202,14384.888.16$17,495
Aug 202202,25094.529.13$20,536
Jul 202202,063101.587.54$15,559
Jun 202201,740115.097.98$13,880
May 202202,186109.378.43$18,435
Apr 202201,962104.226.84$13,415
Mar 202201,776108.885.08$9,016
Feb 202201,79291.054.86$8,707
Jan 202201,73981.844.54$7,891
Dec 202101,81471.323.90$7,073
Nov 202101,69477.435.24$8,871
Oct 202101,86079.795.71$10,628
Sep 202101,92969.865.35$10,322
Aug 202102,40966.024.22$10,167
Jul 202102,44870.783.98$9,748
Jun 202102,21769.493.38$7,495
May 202102,04263.483.02$6,162
Apr 202101,93160.362.76$5,327
Mar 202102,05961.302.72$5,594
Feb 202101,61157.805.55$8,938
Jan 202102,30750.412.81$6,483
Dec 202004,37744.642.68$11,710
Nov 202005,67938.772.71$15,371
Oct 202002,25936.972.48$5,599
Sep 202002,27837.091.99$4,536
Aug 2020092439.982.39$2,204
Jul 2020089438.371.83$1,632
Jun 2020094634.901.69$1,599
May 202001,10816.921.81$2,011
Apr 202001,18714.751.80$2,142
Mar 202001,26630.341.86$2,350
Feb 202001,33049.881.98$2,634
Jan 202001,52757.252.09$3,199
Dec 201901,69259.012.30$3,899
Nov 201901,78955.302.75$4,921
Oct 201902,00053.472.42$4,837
Sep 201901,85255.052.66$4,921
Aug 201902,46253.112.30$5,673
Jul 201904,30556.272.46$10,591
Jun 201901,76352.782.49$4,392
May 201901,92158.482.74$5,264
Apr 201902,03262.632.75$5,589
Mar 201902,45756.803.06$7,524
Feb 201901,97250.852.79$5,506
Jan 201902,72846.033.23$8,806
Dec 201802,61946.594.19$10,962
Nov 201802,57152.934.24$10,894
Oct 201802,91661.443.40$9,909
Sep 201802,50559.543.11$7,786
Aug 201802,41059.403.07$7,390
Jul 201802,48565.142.93$7,286
Jun 201802,24560.183.08$6,908
May 201802,50365.382.90$7,261
Apr 201802,52663.842.90$7,327
Mar 201802,63361.222.79$7,338
Feb 201802,58061.782.77$7,137
Jan 201802,54962.874.01$10,220
Dec 201702,77557.272.92$8,107
Nov 201702,37355.423.12$7,400
Oct 201702,18749.292.98$6,525
Sep 201702,01747.523.09$6,227
Aug 201702,16545.373.00$6,505
Jul 201702,04143.873.09$6,301
Jun 201701,92342.493.09$5,937
May 201702,00545.373.26$6,543
Apr 201701,98747.933.21$6,381
Mar 201702,21746.772.98$6,615
Feb 201701,98650.452.95$5,864
Jan 201702,43449.413.42$8,321
Dec 201602,46648.763.72$9,181
Nov 201602,39742.492.64$6,339
Oct 201602,22746.193.09$6,882
Sep 201602,14241.553.10$6,642
Aug 201602,22541.442.92$6,507
Jul 201602,19541.622.92$6,419
Jun 201602,26345.352.69$6,078
May 201602,61942.521.99$5,215
Apr 201602,35636.561.99$4,691
Mar 201602,44433.011.79$4,385
Feb 201602,32926.472.06$4,806
Jan 201602,75927.352.36$6,523
Dec 201502,66932.362.00$5,342
Nov 201502,75238.792.17$5,964
Oct 201502,81343.552.43$6,826
Sep 201502,59642.992.76$7,161
Aug 201502,62940.162.87$7,552
Jul 201501,99748.152.95$5,881
Jun 201502,06656.152.88$5,956
May 201502,37455.212.96$7,016
Apr 201502,72849.822.71$7,384
Mar 201503,03142.892.93$8,895
Feb 201502,70344.662.98$8,045
Jan 201503,02243.433.10$9,370
Dec 201403,46454.693.59$12,440
Nov 201403,62870.464.25$15,426
Oct 201403,34178.303.90$13,033
Sep 201404,65286.164.05$18,819
Aug 201406,08889.394.04$24,566
Jul 201402,57596.564.18$10,762
Jun 201402,34898.164.74$11,122
May 201402,67294.734.73$12,629
Apr 201402,66595.944.81$12,816
Mar 201403,12295.895.06$15,787
Feb 201402,94097.406.19$18,204
Jan 201403,15590.404.86$15,336
Dec 201303,25491.824.35$14,169
Nov 201302,97888.853.74$11,133
Oct 201304,06297.423.78$15,352
Sep 201306,399104.113.72$23,790
Aug 201308,119104.253.52$28,600
Jul 201308,733102.523.72$32,467
Jun 201302,68094.403.93$10,542
May 201303,06994.834.15$12,734
Apr 201302,99993.964.28$12,843
Mar 201304,31393.623.91$16,876
Feb 201303,47891.233.42$11,894
Jan 201303,06491.603.42$10,479
Dec 201203,48786.773.42$11,926
Nov 201204,77386.953.62$17,302
Oct 201205,25989.383.40$17,879
Sep 201202,42694.672.92$7,080
Aug 201202,74892.662.91$7,992
Jul 201203,33185.133.02$10,062
Jun 201202,78679.822.52$7,018
May 201202,94691.612.49$7,331
Apr 201203,060101.652.00$6,110
Mar 201203,385105.052.22$7,522
Feb 201203,744101.102.57$9,623
Jan 201202,97998.092.73$8,145
Dec 201103,24296.873.24$10,503
Nov 201103,27295.723.31$10,835
Oct 201103,34284.983.65$12,193
Sep 201103,56583.623.99$14,209
Aug 201103,89883.404.15$16,174
Jul 201105,14694.144.52$23,246
Jun 201103,50692.904.64$16,267
May 201103,62398.134.40$15,959
Apr 201102,765105.964.33$11,982
Mar 201102,82496.364.06$11,458
Feb 201102,73485.644.18$11,428
Jan 201103,10686.504.59$14,253
Dec 201003,01885.734.35$13,122
Nov 201003,25880.843.80$12,365
Oct 201003,35478.103.51$11,769
Sep 201004,14572.633.98$16,495
Aug 201004,14073.684.42$18,296
Jul 201004,12072.554.74$19,514
Jun 201004,16170.364.91$20,432
May 201004,76871.124.24$20,194
Apr 201004,56081.694.12$18,799
Mar 201004,26778.394.39$18,726
Feb 201004,17873.585.44$22,738
Jan 201004,62674.365.96$27,590
Dec 200904,40671.445.48$24,161
Nov 200905,15474.593.75$19,335
Oct 200904,72072.544.11$19,400
Sep 200905,04465.543.06$15,459
Aug 200907,44667.423.22$23,965
Jul 200907,71661.133.46$26,732
Jun 200919,87066.163.90$38,510
May 2009014,21554.743.93$55,805
Apr 200905,29146.773.59$18,981
Mar 200907,22942.144.06$29,343
Feb 200906,20332.814.63$28,739
Jan 200919,62135.865.37$51,710
Dec 200809,31937.105.98$55,701
Nov 200809,17455.496.86$62,937
Oct 200809,98775.246.92$69,130
Sep 200808,532101.767.88$67,207
Aug 200809,977114.228.48$84,635
Jul 2008010,765131.0811.39$122,607
Jun 200808,648131.3313.03$112,706
May 2008011,243123.1711.57$130,130
Apr 2008111,341110.3110.45$118,679
Mar 2008212,974101.909.66$125,585
Feb 2008113,49792.538.77$118,469
Jan 2008115,27090.388.21$125,392
Dec 2007116,98188.337.30$124,083
Nov 2007117,33991.677.29$126,522
Oct 2007019,36382.856.92$134,030
Sep 2007418,41375.846.24$115,277
Aug 2007216,37169.066.39$104,715
Jul 2007020,25570.906.39$129,388
Jun 20072435,28962.007.55$267,865
May 200704,53358.747.85$35,567

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                1,719 Mcf  × $  3.05 =     $5,236

────────────────────────────────────────────────────
Month total                                   $5,236

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/229848 is the state's own key, not one this site invented.