OAKES, T. C. ESTATE GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FREESTONE (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 233265District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$6.3 M
Oct 2007 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
224
no gaps in the span
Streams
1
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112008-04-14182040
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
GasProduction1,314,272 Mcf$6,270,596
Total$6,270,596

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 31.4909, -96.2782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49094, -96.27821 · 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
13,220 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 13,220 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-16133862613,220 ftOct 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 (224)

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

224 months

May 20263,562106.413.05$10,849
Apr 20263,73798.932.87$10,724
Mar 20263,94989.753.15$12,437
Feb 20263,46763.503.75$13,002
Jan 20262,04559.138.00$16,356
Dec 20252,52456.664.41$11,139
Nov 20251,86158.593.93$7,307
Oct 20252,43859.383.30$8,057
Sep 20252,60462.743.08$8,012
Aug 20252,96463.933.01$8,936
Jul 20252,17666.743.32$7,214
Jun 20253,39366.483.13$10,616
May 20253,11460.553.23$10,065
Apr 20253,33062.363.54$11,799
Mar 20253,44167.704.27$14,687
Feb 20253,22570.884.34$13,999
Jan 202552474.324.28$2,242
Dec 202436068.993.12$1,124
Nov 202446069.052.20$1,011
Oct 202449771.372.28$1,134
Sep 202420869.612.36$492
Aug 202419575.632.06$402
Jul 202449879.932.15$1,069
Jun 202453978.082.63$1,420
May 202444578.812.20$978
Apr 202463184.451.66$1,047
Mar 202460480.301.55$933
Feb 202456176.091.78$1,001
Jan 202453073.023.30$1,748
Dec 202340471.262.61$1,055
Nov 202338277.892.81$1,072
Oct 202360885.443.09$1,877
Sep 202343289.042.74$1,182
Aug 202314880.522.67$396
Jul 20235874.852.64$153
Jun 20234668.962.26$104
May 202315870.622.23$352
Apr 202360378.122.24$1,349
Mar 202346072.852.39$1,101
Feb 202372875.112.47$1,795
Jan 202369176.533.39$2,341
Dec 20222,46076.415.73$14,094
Nov 20221,04485.005.65$5,895
Oct 20223,25887.185.86$19,104
Sep 202276784.888.16$6,262
Aug 20221,68294.529.13$15,352
Jul 20222,625101.587.54$19,798
Jun 20221,381115.097.98$11,017
May 20222,172109.378.43$18,317
Apr 20223,230104.226.84$22,085
Mar 20222,094108.885.08$10,630
Feb 20222,43591.054.86$11,831
Jan 20222,46281.844.54$11,172
Dec 202176671.323.90$2,987
Nov 20211,55377.435.24$8,133
Oct 202194279.795.71$5,382
Sep 20212,95569.865.35$15,812
Aug 20211,71666.024.22$7,243
Jul 20212,42570.783.98$9,657
Jun 20213,02469.493.38$10,223
May 20213,07363.483.02$9,273
Apr 20211,11660.362.76$3,078
Mar 20213,11861.302.72$8,471
Feb 20211,26957.805.55$7,040
Jan 20212,56850.412.81$7,217
Dec 20202,67644.642.68$7,160
Nov 20202,76538.772.71$7,484
Oct 20202,91936.972.48$7,235
Sep 20201,89737.091.99$3,777
Aug 20202,69439.982.39$6,425
Jul 20202,44738.371.83$4,466
Jun 20202,67134.901.69$4,515
May 20202,95516.921.81$5,363
Apr 20203,00514.751.80$5,422
Mar 20203,27930.341.86$6,087
Feb 20202,82949.881.98$5,603
Jan 20202,97557.252.09$6,232
Dec 20192,84059.012.30$6,544
Nov 20193,38855.302.75$9,319
Oct 20193,05653.472.42$7,391
Sep 20193,23855.052.66$8,604
Aug 20194,41353.112.30$10,169
Jul 20192,68856.272.46$6,613
Jun 20192,90552.782.49$7,237
May 20193,58458.482.74$9,821
Apr 20193,31662.632.75$9,121
Mar 20192,43756.803.06$7,462
Feb 20194,69950.852.79$13,121
Jan 20195,09546.033.23$16,448
Dec 201890346.594.19$3,779
Nov 20182,56252.934.24$10,856
Oct 20181,98261.443.40$6,735
Sep 20182,12259.543.11$6,595
Aug 20183,32559.403.07$10,196
Jul 20184,92065.142.93$14,425
Jun 20185,42260.183.08$16,683
May 20183,56565.382.90$10,341
Apr 20183,44263.842.90$9,985
Mar 20183,63861.222.79$10,139
Feb 20182,67961.782.77$7,410
Jan 20183,38062.874.01$13,552
Dec 20174,76157.272.92$13,909
Nov 20174,00955.423.12$12,502
Oct 20173,29649.292.98$9,834
Sep 20172,51647.523.09$7,768
Aug 20175,08345.373.00$15,271
Jul 20172,86943.873.09$8,857
Jun 20173,20142.493.09$9,882
May 20173,69745.373.26$12,065
Apr 20172,51247.933.21$8,068
Mar 20173,12846.772.98$9,333
Feb 20172,65350.452.95$7,833
Jan 20174,95149.413.42$16,926
Dec 20164,24548.763.72$15,803
Nov 20163,80742.492.64$10,067
Oct 20165,90546.193.09$18,248
Sep 20161,84841.553.10$5,730
Aug 20164,73041.442.92$13,832
Jul 20164,64841.622.92$13,592
Jun 20162,46245.352.69$6,613
May 20164,26442.521.99$8,490
Apr 20164,62136.561.99$9,201
Mar 20165,16533.011.79$9,266
Feb 20165,49126.472.06$11,331
Jan 20163,79427.352.36$8,970
Dec 20153,62532.362.00$7,255
Nov 20152,60338.792.17$5,642
Oct 20155,60443.552.43$13,599
Sep 20153,48542.992.76$9,613
Aug 20155,98140.162.87$17,180
Jul 20156,07148.152.95$17,880
Jun 20155,86056.152.88$16,894
May 20156,22055.212.96$18,383
Apr 20153,13749.822.71$8,491
Mar 20156,31042.892.93$18,518
Feb 20153,60544.662.98$10,729
Jan 20154,73643.433.10$14,685
Dec 20144,57554.693.59$16,430
Nov 20145,43270.464.25$23,096
Oct 20143,46078.303.90$13,497
Sep 20145,45986.164.05$22,084
Aug 20145,77989.394.04$23,319
Jul 20145,89096.564.18$24,618
Jun 20146,09098.164.74$28,848
May 20146,96594.734.73$32,920
Apr 20143,95495.944.81$19,015
Mar 20146,89695.895.06$34,872
Feb 20142,77297.406.19$17,164
Jan 20145,21890.404.86$25,363
Dec 20136,74391.824.35$29,362
Nov 20136,46188.853.74$24,153
Oct 20136,52597.423.78$24,660
Sep 20132,527104.113.72$9,395
Aug 20136,660104.253.52$23,461
Jul 20134,990102.523.72$18,552
Jun 20135,47794.403.93$21,543
May 20135,45094.834.15$22,612
Apr 20136,46693.964.28$27,691
Mar 20135,72993.623.91$22,417
Feb 20133,93791.233.42$13,464
Jan 20137,47791.603.42$25,571
Dec 20127,46786.773.42$25,538
Nov 20127,53686.953.62$27,318
Oct 20128,33789.383.40$28,343
Sep 20125,85994.672.92$17,099
Aug 20126,68892.662.91$19,450
Jul 20127,82585.133.02$23,638
Jun 20127,48779.822.52$18,860
May 20127,49791.612.49$18,655
Apr 20127,490101.652.00$14,956
Mar 20127,811105.052.22$17,357
Feb 20127,547101.102.57$19,398
Jan 20128,39898.092.73$22,961
Dec 20117,84896.873.24$25,425
Nov 20116,97995.723.31$23,109
Oct 20117,53284.983.65$27,481
Sep 20118,05083.623.99$32,086
Aug 20118,61883.404.15$35,759
Jul 20119,08494.144.52$41,035
Jun 20118,81892.904.64$40,914
May 20119,37898.134.40$41,308
Apr 20119,547105.964.33$41,370
Mar 20116,28896.364.06$25,513
Feb 20114,73985.644.18$19,809
Jan 20116,81186.504.59$31,254
Dec 201010,98585.734.35$47,760
Nov 20108,19080.843.80$31,084
Oct 20109,39978.103.51$32,980
Sep 201010,81472.633.98$43,034
Aug 201010,98073.684.42$48,525
Jul 201011,31172.554.74$53,574
Jun 201011,34770.364.91$55,718
May 201012,04271.124.24$51,001
Apr 201012,12181.694.12$49,971
Mar 201013,24078.394.39$58,106
Feb 201011,98173.585.44$65,205
Jan 201013,06374.365.96$77,909
Dec 200912,41971.445.48$68,103
Nov 200913,63674.593.75$51,155
Oct 200914,50672.544.11$59,623
Sep 200914,82465.543.06$45,432
Aug 200914,35867.423.22$46,211
Jul 200914,73961.133.46$51,063
Jun 200914,60066.163.90$56,867
May 200915,25754.743.93$59,895
Apr 200914,91046.773.59$53,490
Mar 200916,39642.144.06$66,551
Feb 200915,51132.814.63$71,862
Jan 200917,75335.865.37$95,351
Dec 200818,58337.105.98$111,073
Nov 200819,72555.496.86$135,321
Oct 200824,89775.246.92$172,337
Sep 200813,983101.767.88$110,145
Aug 200810,209114.228.48$86,603
Jul 20089,502131.0811.39$108,222
Jun 200811,087131.3313.03$144,493
May 200812,829123.1711.57$148,487
Apr 200814,370110.3110.45$150,236
Mar 200818,179101.909.66$175,683
Feb 200822,03292.538.77$193,233
Jan 200826,19490.388.21$214,941
Dec 200742,70988.337.30$311,860
Nov 200759,72491.677.29$435,489
Oct 20078,96282.856.92$62,035

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
Gas                3,562 Mcf  × $  3.05 =    $10,849

────────────────────────────────────────────────────
Month total                                  $10,849

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/233265 is the state's own key, not one this site invented.