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 230186District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$7 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 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 Gas112007-12-07175894
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
CondensateDisposition181 bbl$14,358
GasProduction557,839 Mcf$2,724,497
Total$2,738,855

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 31.6439, -96.2192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64393, -96.21924 · 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
12,541 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 12,541 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-16133243512,541 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 20260172106.413.05$524
Apr 2026011198.932.87$319
Mar 20260989.753.15$28
Feb 2026015363.503.75$574
Jan 2026012659.138.00$1,008
Dec 202505256.664.41$229
Nov 202508258.593.93$322
Oct 2025013759.383.30$453
Sep 2025016362.743.08$502
Aug 2025054563.933.01$1,643
Jul 2025022366.743.32$739
Jun 2025031266.483.13$976
May 2025032760.553.23$1,057
Apr 2025022762.363.54$804
Mar 2025032467.704.27$1,383
Feb 2025027470.884.34$1,189
Jan 2025029974.324.28$1,279
Dec 2024039568.993.12$1,233
Nov 2024051469.052.20$1,130
Oct 2024090671.372.28$2,067
Sep 2024063069.612.36$1,490
Aug 202401,51875.632.06$3,133
Jul 2024026079.932.15$558
Jun 2024033078.082.63$869
May 2024083178.812.20$1,827
Apr 202401,67584.451.66$2,779
Mar 2024066280.301.55$1,023
Feb 2024057676.091.78$1,027
Jan 202401,12473.023.30$3,707
Dec 202301,01771.262.61$2,655
Nov 2023063677.892.81$1,786
Oct 2023067385.443.09$2,078
Sep 2023076189.042.74$2,081
Aug 2023087380.522.67$2,333
Jul 2023068174.852.64$1,799
Jun 202301,05368.962.26$2,378
May 2023099370.622.23$2,212
Apr 202301,29578.122.24$2,898
Mar 2023082472.852.39$1,972
Feb 2023055175.112.47$1,359
Jan 2023097776.533.39$3,310
Dec 202201,39876.415.73$8,009
Nov 2022087785.005.65$4,952
Oct 202202,21287.185.86$12,971
Sep 202201,84384.888.16$15,046
Aug 2022020094.529.13$1,825
Jul 2022014101.587.54$106
Jun 2022086115.097.98$686
May 202203,952109.378.43$33,327
Apr 202202,077104.226.84$14,202
Mar 202201,373108.885.08$6,970
Feb 202201,44291.054.86$7,006
Jan 202201,27681.844.54$5,790
Dec 202102,18671.323.90$8,523
Nov 202101,53277.435.24$8,023
Oct 202102,23379.795.71$12,759
Sep 202102,21769.865.35$11,863
Aug 202102,77566.024.22$11,712
Jul 202102,98270.783.98$11,875
Jun 202102,37069.493.38$8,012
May 202102,08163.483.02$6,280
Apr 202101,41460.362.76$3,900
Mar 202101,70161.302.72$4,622
Feb 202101,23657.805.55$6,857
Jan 202101,02750.412.81$2,886
Dec 202001,52944.642.68$4,091
Nov 202001,23638.772.71$3,345
Oct 202001,59236.972.48$3,946
Sep 202001,59937.091.99$3,184
Aug 202001,89639.982.39$4,522
Jul 202001,38438.371.83$2,526
Jun 202001,61034.901.69$2,721
May 202001,49116.921.81$2,706
Apr 202001,53114.751.80$2,763
Mar 202002,29330.341.86$4,256
Feb 202001,75249.881.98$3,470
Jan 202001,28457.252.09$2,690
Dec 201901,25859.012.30$2,899
Nov 2019068555.302.75$1,884
Oct 2019078753.472.42$1,903
Sep 201901,14955.052.66$3,053
Aug 201901,16753.112.30$2,689
Jul 201901,05556.272.46$2,595
Jun 201901,01052.782.49$2,516
May 2019089458.482.74$2,450
Apr 201901,21262.632.75$3,334
Mar 201901,47656.803.06$4,520
Feb 2019011450.852.79$318
Jan 201901,30446.033.23$4,210
Dec 201801,05146.594.19$4,399
Nov 2018067152.934.24$2,843
Oct 201801,16861.443.40$3,969
Sep 201801,18759.543.11$3,689
Aug 201801,15959.403.07$3,554
Jul 201801,35865.142.93$3,981
Jun 201801,08460.183.08$3,335
May 201801,24565.382.90$3,612
Apr 201801,30563.842.90$3,786
Mar 201801,48761.222.79$4,144
Feb 201801,05161.782.77$2,907
Jan 201801,39162.874.01$5,577
Dec 201701,49657.272.92$4,371
Nov 201701,30455.423.12$4,066
Oct 201701,53849.292.98$4,589
Sep 201701,59647.523.09$4,927
Aug 201701,42445.373.00$4,278
Jul 201701,87143.873.09$5,776
Jun 201701,87742.493.09$5,795
May 201701,55345.373.26$5,068
Apr 201701,36747.933.21$4,390
Mar 201701,57046.772.98$4,684
Feb 2017093150.452.95$2,749
Jan 201701,58149.413.42$5,405
Dec 201601,70248.763.72$6,336
Nov 201601,50042.492.64$3,967
Oct 201601,64146.193.09$5,071
Sep 201601,77641.553.10$5,507
Aug 201601,74441.442.92$5,100
Jul 201601,89041.622.92$5,527
Jun 201601,84745.352.69$4,961
May 201602,12942.521.99$4,239
Apr 201601,64736.561.99$3,279
Mar 201602,09633.011.79$3,760
Feb 201602,04926.472.06$4,228
Jan 201602,20627.352.36$5,216
Dec 201502,54132.362.00$5,086
Nov 201502,65038.792.17$5,743
Oct 201502,38643.552.43$5,790
Sep 201512,58942.992.76$7,185
Aug 201502,87240.162.87$8,250
Jul 201502,58948.152.95$7,625
Jun 201502,87656.152.88$8,291
May 201502,84755.212.96$8,414
Apr 201502,93349.822.71$7,938
Mar 201502,19042.892.93$6,427
Feb 201502,67644.662.98$7,964
Jan 201502,54043.433.10$7,876
Dec 201403,03754.693.59$10,907
Nov 201402,86770.464.25$12,190
Oct 201403,18978.303.90$12,440
Sep 201403,01686.164.05$12,201
Aug 201403,20989.394.04$12,949
Jul 201403,05696.564.18$12,773
Jun 201403098.164.74$142
May 201401,14894.734.73$5,426
Apr 201401,41395.944.81$6,795
Mar 201401,43695.895.06$7,262
Feb 201401,37697.406.19$8,520
Jan 201401,70490.404.86$8,283
Dec 201302,04291.824.35$8,892
Nov 201301,53688.853.74$5,742
Oct 201302,01797.423.78$7,623
Sep 201302,066104.113.72$7,681
Aug 201302,339104.253.52$8,239
Jul 201301,174102.523.72$4,365
Jun 201301,77094.403.93$6,962
May 201302,07094.834.15$8,589
Apr 201301,86893.964.28$8,000
Mar 201302,20093.623.91$8,608
Feb 201302,02491.233.42$6,922
Jan 201302,35691.603.42$8,057
Dec 201202,63286.773.42$9,002
Nov 201202,79186.953.62$10,117
Oct 201202,96789.383.40$10,087
Sep 201202,89194.672.92$8,437
Aug 201203,02592.662.91$8,797
Jul 201203,08785.133.02$9,325
Jun 201202,92979.822.52$7,378
May 201202,92091.612.49$7,266
Apr 201202,879101.652.00$5,749
Mar 201202,966105.052.22$6,591
Feb 201202,926101.102.57$7,521
Jan 201203,14098.092.73$8,585
Dec 201103,12796.873.24$10,131
Nov 201103,16995.723.31$10,493
Oct 201103,34584.983.65$12,204
Sep 201103,29283.623.99$13,121
Aug 201102,93983.404.15$12,195
Jul 201102,93594.144.52$13,258
Jun 201102,79992.904.64$12,987
May 201102,97198.134.40$13,087
Apr 201103,080105.964.33$13,347
Mar 201103,35896.364.06$13,625
Feb 201103,07685.644.18$12,858
Jan 201103,41886.504.59$15,684
Dec 201003,60485.734.35$15,669
Nov 201003,21480.843.80$12,198
Oct 201003,83678.103.51$13,460
Sep 201003,69872.633.98$14,716
Aug 201003,84973.684.42$17,010
Jul 201003,71972.554.74$17,615
Jun 201003,68270.364.91$18,080
May 201003,76371.124.24$15,937
Apr 201023,58981.694.12$14,960
Mar 201003,95578.394.39$17,357
Feb 201003,67973.585.44$20,022
Jan 201004,22874.365.96$25,216
Dec 200904,44371.445.48$24,364
Nov 200904,39074.593.75$16,469
Oct 200904,70072.544.11$19,318
Sep 200904,63265.543.06$14,196
Aug 200904,50967.423.22$14,512
Jul 200905,34161.133.46$18,504
Jun 200905,27466.163.90$20,542
May 200905,26854.743.93$20,681
Apr 200905,32546.773.59$19,103
Mar 200955,63742.144.06$23,091
Feb 200945,10632.814.63$23,787
Jan 200966,09235.865.37$32,935
Dec 200806,05937.105.98$36,215
Nov 200866,15655.496.86$42,565
Oct 200866,20875.246.92$43,423
Sep 200866,514101.767.88$51,922
Aug 200877,562114.228.48$64,948
Jul 200846,130131.0811.39$70,342
Jun 200847,746131.3313.03$101,476
May 200858,680123.1711.57$101,081
Apr 200878,869110.3110.45$93,496
Mar 20081912,039101.909.66$118,282
Feb 200858,12792.538.77$71,741
Jan 20080090.388.21$0
Dec 200743,26188.337.30$24,165
Nov 200776,77091.677.29$50,007
Oct 200788,83582.856.92$61,818
Sep 2007410,84775.846.24$68,034
Aug 20071210,49569.066.39$67,870
Jul 2007138,85170.906.39$57,461
Jun 20074616,26862.007.55$125,650

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                  172 Mcf  × $  3.05 =       $524

────────────────────────────────────────────────────
Month total                                     $524

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/230186 is the state's own key, not one this site invented.