WALDRIP, MELVIN GAS UNIT II

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229857District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$179 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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112007-10-19175848
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
CondensateDisposition410 bbl$29,428
GasProduction2,465,088 Mcf$12,310,464
Total$12,339,893

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 31.4664, -96.2308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46641, -96.23078 · 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
14,435 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 14,435 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-16133583814,435 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 202604,990106.413.05$15,199
Apr 202625,57298.932.87$16,188
Mar 202647,31589.753.15$23,397
Feb 202611,01963.503.75$3,885
Jan 202601,56759.138.00$12,533
Dec 202533,11756.664.41$13,926
Nov 202514,51758.593.93$17,794
Oct 2025125859.383.30$912
Sep 202526,56062.743.08$20,310
Aug 202535,96463.933.01$18,172
Jul 202507,73766.743.32$25,650
Jun 202503,61166.483.13$11,298
May 202516,54360.553.23$21,210
Apr 202526,66762.363.54$23,747
Mar 202545,05167.704.27$21,830
Feb 202506,66770.884.34$28,940
Jan 202518,28574.324.28$35,523
Dec 202457,65368.993.12$24,233
Nov 202404,68169.052.20$10,291
Oct 2024210,30671.372.28$23,655
Sep 202423,64469.612.36$8,755
Aug 2024023275.632.06$479
Jul 2024021379.932.15$457
Jun 2024148378.082.63$1,350
May 2024259478.812.20$1,463
Apr 202411,06484.451.66$1,850
Mar 202401,54980.301.55$2,393
Feb 20240076.091.78$0
Jan 202404873.023.30$158
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023060585.443.09$1,868
Sep 2023086189.042.74$2,355
Aug 202301,39280.522.67$3,721
Jul 202301,62174.852.64$4,282
Jun 202304,05868.962.26$9,165
May 202302,12470.622.23$4,731
Apr 202301,39678.122.24$3,124
Mar 202301,23772.852.39$2,960
Feb 202301,77575.112.47$4,377
Jan 202302,04076.533.39$6,911
Dec 202204,00376.415.73$22,934
Nov 202205,97285.005.65$33,719
Oct 202206,94287.185.86$40,706
Sep 202207,46184.888.16$60,909
Aug 202206,89194.529.13$62,895
Jul 20220892101.587.54$6,728
Jun 202201,223115.097.98$9,756
May 202201,809109.378.43$15,255
Apr 20220678104.226.84$4,636
Mar 202201,529108.885.08$7,762
Feb 202201,54691.054.86$7,512
Jan 2022068381.844.54$3,099
Dec 2021099371.323.90$3,872
Nov 2021056477.435.24$2,954
Oct 2021058279.795.71$3,325
Sep 202101,09069.865.35$5,833
Aug 2021076766.024.22$3,237
Jul 202103,58470.783.98$14,272
Jun 202104,25669.493.38$14,388
May 202105,30163.483.02$15,997
Apr 202106,89060.362.76$19,006
Mar 202101,62761.302.72$4,420
Feb 202101,32557.805.55$7,351
Jan 202105,50850.412.81$15,479
Dec 202005,05644.642.68$13,527
Nov 202007,51038.772.71$20,326
Oct 202001,34936.972.48$3,343
Sep 202001,11737.091.99$2,224
Aug 202004,61939.982.39$11,017
Jul 202002,16138.371.83$3,944
Jun 202002,96434.901.69$5,010
May 202005,15816.921.81$9,360
Apr 202005,60314.751.80$10,110
Mar 202002,83430.341.86$5,261
Feb 202004,22549.881.98$8,368
Jan 202004,30857.252.09$9,024
Dec 201904,02859.012.30$9,282
Nov 201904,05555.302.75$11,154
Oct 201904,82953.472.42$11,679
Sep 201904,34555.052.66$11,546
Aug 201904,43953.112.30$10,229
Jul 201904,95556.272.46$12,190
Jun 201904,07552.782.49$10,152
May 201904,77158.482.74$13,074
Apr 201905,16362.632.75$14,202
Mar 201904,81156.803.06$14,732
Feb 201905,31750.852.79$14,846
Jan 201906,15046.033.23$19,853
Dec 201806,83546.594.19$28,607
Nov 201804,30552.934.24$18,241
Oct 201809,87061.443.40$33,539
Sep 201807,02859.543.11$21,843
Aug 201801,78459.403.07$5,471
Jul 201801,78065.142.93$5,219
Jun 201802,74560.183.08$8,446
May 201808,44465.382.90$24,494
Apr 201808,72763.842.90$25,315
Mar 201802,22361.222.79$6,195
Feb 201802,11261.782.77$5,842
Jan 201805,14362.874.01$20,620
Dec 201702,46357.272.92$7,196
Nov 201702,99555.423.12$9,339
Oct 201703,00749.292.98$8,972
Sep 201706,99247.523.09$21,586
Aug 201708,72045.373.00$26,198
Jul 201709,58243.873.09$29,582
Jun 201707,24742.493.09$22,374
May 201703,17645.373.26$10,365
Apr 201707,55447.933.21$24,260
Mar 201709,22546.772.98$27,524
Feb 201707,15850.452.95$21,135
Jan 201704,80449.413.42$16,424
Dec 201608,27048.763.72$30,788
Nov 201606,11942.492.64$16,181
Oct 201606,34546.193.09$19,608
Sep 201604,70541.553.10$14,588
Aug 201609,73041.442.92$28,454
Jul 201603,11441.622.92$9,106
Jun 201608,11245.352.69$21,787
May 201603,99142.521.99$7,946
Apr 201607,30636.561.99$14,547
Mar 201604,52333.011.79$8,114
Feb 201604,84326.472.06$9,994
Jan 201609,75027.352.36$23,053
Dec 201504,21032.362.00$8,426
Nov 2015010,21038.792.17$22,128
Oct 201506,64343.552.43$16,120
Sep 201507,75542.992.76$21,392
Aug 201507,35040.162.87$21,113
Jul 201507,89148.152.95$23,240
Jun 201503,08156.152.88$8,882
May 201509,09155.212.96$26,868
Apr 201502,99049.822.71$8,093
Mar 201505,70142.892.93$16,731
Feb 201503,32944.662.98$9,908
Jan 201504,35543.433.10$13,503
Dec 201406,69754.693.59$24,051
Nov 201407,73270.464.25$32,875
Oct 201409,83278.303.90$38,354
Sep 201409,88186.164.05$39,973
Aug 2014010,49889.394.04$42,361
Jul 201408,83396.564.18$36,918
Jun 201409,44198.164.74$44,721
May 201409,88394.734.73$46,713
Apr 2014010,57395.944.81$50,847
Mar 201408,99895.895.06$45,501
Feb 201408,90097.406.19$55,109
Jan 2014010,78790.404.86$52,433
Dec 2013010,49591.824.35$45,700
Nov 2013011,15388.853.74$41,693
Oct 2013011,77097.423.78$44,483
Sep 2013011,574104.113.72$43,029
Aug 2013012,121104.253.52$42,698
Jul 2013012,476102.523.72$46,383
Jun 2013012,16394.403.93$47,842
May 2013011,43694.834.15$47,449
Apr 2013010,09593.964.28$43,233
Mar 2013010,20293.623.91$39,919
Feb 201309,86891.233.42$33,748
Jan 2013011,18591.603.42$38,252
Dec 2012011,15686.773.42$38,155
Nov 2012011,40586.953.62$41,343
Oct 2012011,12989.383.40$37,835
Sep 2012011,23394.672.92$32,782
Aug 2012011,56892.662.91$33,642
Jul 2012012,65385.133.02$38,222
Jun 2012012,30679.822.52$30,999
May 2012012,14591.612.49$30,221
Apr 2012012,307101.652.00$24,575
Mar 2012012,730105.052.22$28,287
Feb 2012012,406101.102.57$31,886
Jan 2012013,20298.092.73$36,095
Dec 2011013,82496.873.24$44,786
Nov 2011012,77195.723.31$42,288
Oct 2011014,36284.983.65$52,400
Sep 2011013,39483.623.99$53,386
Aug 2011014,19983.404.15$58,916
Jul 2011014,94794.144.52$67,519
Jun 2011014,81592.904.64$68,740
May 2011015,66898.134.40$69,015
Apr 2011015,810105.964.33$68,509
Mar 2011217,02496.364.06$69,265
Feb 2011114,49985.644.18$60,691
Jan 2011117,12486.504.59$78,665
Dec 2010017,62485.734.35$76,625
Nov 2010017,02080.843.80$64,597
Oct 2010018,16378.103.51$63,732
Sep 2010018,06772.633.98$71,897
Aug 2010319,23573.684.42$85,227
Jul 2010019,40572.554.74$91,912
Jun 2010019,70670.364.91$96,764
May 201017421,05771.124.24$101,556
Apr 2010020,89981.694.12$86,160
Mar 2010222,42278.394.39$98,560
Feb 2010520,48773.585.44$111,866
Jan 2010522,78474.365.96$136,258
Dec 2009024,40871.445.48$133,847
Nov 2009024,02174.593.75$90,115
Oct 2009026,47372.544.11$108,811
Sep 2009026,92365.543.06$82,512
Aug 2009028,87267.423.22$92,925
Jul 2009029,76161.133.46$103,107
Jun 2009232,84566.163.90$128,064
May 2009036,57154.743.93$143,569
Apr 20092538,05946.773.59$137,706
Mar 20091329,38742.144.06$119,830
Feb 2009114,99832.814.63$69,519
Jan 2009517,77235.865.37$95,633
Dec 2008019,27237.105.98$115,191
Nov 2008220,37055.496.86$139,857
Oct 2008223,18875.246.92$160,657
Sep 2008025,068101.767.88$197,463
Aug 2008127,181114.228.48$230,691
Jul 2008427,956131.0811.39$318,927
Jun 2008428,283131.3313.03$369,127
May 2008131,671123.1711.57$366,693
Apr 2008534,527110.3110.45$361,527
Mar 2008737,724101.909.66$365,281
Feb 20081139,06292.538.77$343,614
Jan 2008945,50490.388.21$374,207
Dec 2007548,92488.337.30$357,683
Nov 2007449,26991.677.29$359,621
Oct 2007855,09982.856.92$382,057
Sep 2007469,90475.846.24$436,795
Aug 2007471,12069.066.39$454,587
Jul 20073062,60870.906.39$402,063
Jun 20073219,82262.007.55$151,609

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                4,990 Mcf  × $  3.05 =    $15,199

────────────────────────────────────────────────────
Month total                                  $15,199

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/229857 is the state's own key, not one this site invented.