MCWATTERS, T. H.

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 233737District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Jan 2008 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
221
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 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 Gas112008-05-12182759
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
CondensateDisposition59 bbl$5,959
GasProduction1,860,639 Mcf$10,182,306
Total$10,188,265

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 31.5186, -96.2415. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51864, -96.24145 · 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
12,985 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 12,985 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-161338393012,985 ftJan 2008

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 (221)

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

221 months

May 202602,601106.413.05$7,922
Apr 202602,13898.932.87$6,135
Mar 2026026889.753.15$844
Feb 2026050763.503.75$1,901
Jan 2026054659.138.00$4,367
Dec 2025067956.664.41$2,997
Nov 2025066158.593.93$2,595
Oct 2025059059.383.30$1,950
Sep 2025092162.743.08$2,834
Aug 202501,05563.933.01$3,181
Jul 2025098066.743.32$3,249
Jun 202501,46666.483.13$4,587
May 202501,76360.553.23$5,699
Apr 202502,50462.363.54$8,872
Mar 202502,36367.704.27$10,086
Feb 202502,20170.884.34$9,554
Jan 202502,59374.324.28$11,095
Dec 202402,81168.993.12$8,774
Nov 202401,91769.052.20$4,214
Oct 202403,14371.372.28$7,170
Sep 202402,45969.612.36$5,814
Aug 202402,54775.632.06$5,256
Jul 202403,09279.932.15$6,637
Jun 202402,76778.082.63$7,288
May 202402,63078.812.20$5,782
Apr 202403,22184.451.66$5,344
Mar 202403,07980.301.55$4,757
Feb 202402,43976.091.78$4,350
Jan 202402,50273.023.30$8,251
Dec 202303,10071.262.61$8,093
Nov 202303,12877.892.81$8,782
Oct 202302,88285.443.09$8,898
Sep 202303,51389.042.74$9,608
Aug 202302,01680.522.67$5,389
Jul 202303,88774.852.64$10,269
Jun 202302,14068.962.26$4,833
May 202303,79170.622.23$8,444
Apr 202302,35778.122.24$5,274
Mar 202302,76172.852.39$6,608
Feb 202303,70075.112.47$9,123
Jan 202303,74876.533.39$12,697
Dec 202204,94676.415.73$28,336
Nov 202203,45885.005.65$19,525
Oct 202204,48887.185.86$26,317
Sep 202205,76984.888.16$47,096
Aug 202204,94594.529.13$45,134
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021026561.302.72$720
Feb 202101,36157.805.55$7,551
Jan 2021087950.412.81$2,470
Dec 202001,79144.642.68$4,792
Nov 202001,84838.772.71$5,002
Oct 202001,55636.972.48$3,856
Sep 202001,02637.091.99$2,043
Aug 202001,29739.982.39$3,093
Jul 202001,56538.371.83$2,856
Jun 202002,10034.901.69$3,550
May 202002,07616.921.81$3,767
Apr 202003,31414.751.80$5,980
Mar 202003,55430.341.86$6,597
Feb 202002,19849.881.98$4,354
Jan 202003,91457.252.09$8,199
Dec 201903,26659.012.30$7,526
Nov 201903,07155.302.75$8,447
Oct 201901,69953.472.42$4,109
Sep 201903,14555.052.66$8,357
Aug 201901,68153.112.30$3,874
Jul 201902,74856.272.46$6,760
Jun 201901,52452.782.49$3,797
May 201903,21058.482.74$8,796
Apr 201904,59662.632.75$12,642
Mar 20190056.803.06$0
Feb 201901,33250.852.79$3,719
Jan 201901,72646.033.23$5,572
Dec 201801,82246.594.19$7,626
Nov 201801,34852.934.24$5,712
Oct 201801,44061.443.40$4,893
Sep 201803,56659.543.11$11,083
Aug 201802,81459.403.07$8,629
Jul 201802,85065.142.93$8,356
Jun 201802,62860.183.08$8,086
May 201803,53165.382.90$10,243
Apr 201802,52963.842.90$7,336
Mar 201803,89461.222.79$10,852
Feb 201801,87461.782.77$5,184
Jan 201803,26662.874.01$13,094
Dec 201701,73557.272.92$5,069
Nov 201702,59055.423.12$8,077
Oct 201701,33349.292.98$3,977
Sep 201702,65747.523.09$8,203
Aug 201703,34445.373.00$10,047
Jul 201702,13743.873.09$6,598
Jun 201703,99842.493.09$12,343
May 201702,70645.373.26$8,831
Apr 201703,64647.933.21$11,709
Mar 201703,53146.772.98$10,535
Feb 201703,48150.452.95$10,278
Jan 201704,28849.413.42$14,660
Dec 201604,12648.763.72$15,360
Nov 201603,08142.492.64$8,147
Oct 201605,08746.193.09$15,720
Sep 20160041.553.10$0
Aug 201602,60741.442.92$7,624
Jul 201604,01841.622.92$11,750
Jun 201604,56045.352.69$12,247
May 2016098442.521.99$1,959
Apr 201602,21536.561.99$4,410
Mar 201602,43033.011.79$4,359
Feb 201602,26626.472.06$4,676
Jan 201602,47227.352.36$5,845
Dec 201502,82332.362.00$5,650
Nov 201502,70638.792.17$5,865
Oct 201502,85043.552.43$6,916
Sep 201502,76942.992.76$7,638
Aug 201505,61740.162.87$16,135
Jul 201506,78348.152.95$19,976
Jun 201506,73756.152.88$19,422
May 201507,17955.212.96$21,217
Apr 201506,44649.822.71$17,447
Mar 201502,94842.892.93$8,652
Feb 201504,16644.662.98$12,399
Jan 201505,89043.433.10$18,263
Dec 201407,74154.693.59$27,801
Nov 201407,72170.464.25$32,828
Oct 201408,82978.303.90$34,442
Sep 201408,37986.164.05$33,897
Aug 201404,35789.394.04$17,581
Jul 201404,39596.564.18$18,369
Jun 201405,04898.164.74$23,912
May 201403,77694.734.73$17,847
Apr 201404,55895.944.81$21,920
Mar 201404,89295.895.06$24,738
Feb 201403,45297.406.19$21,375
Jan 201403,87290.404.86$18,821
Dec 201303,73991.824.35$16,281
Nov 201303,90388.853.74$14,591
Oct 201304,17697.423.78$15,783
Sep 201305,121104.113.72$19,039
Aug 201305,436104.253.52$19,149
Jul 201305,298102.523.72$19,697
Jun 201306,64094.403.93$26,118
May 201307,12494.834.15$29,558
Apr 201308,01193.964.28$34,308
Mar 201309,04793.623.91$35,400
Feb 201308,34291.233.42$28,529
Jan 201309,40991.603.42$32,178
Dec 201209,57086.773.42$32,731
Nov 201209,28986.953.62$33,672
Oct 201209,81089.383.40$33,351
Sep 201209,78094.672.92$28,542
Aug 2012011,10892.662.91$32,304
Jul 2012010,74785.133.02$32,465
Jun 201209,43679.822.52$23,770
May 2012011,51791.612.49$28,658
Apr 2012011,701101.652.00$23,365
Mar 2012010,609105.052.22$23,574
Feb 2012010,044101.102.57$25,815
Jan 2012011,25398.092.73$30,767
Dec 2011011,80496.873.24$38,242
Nov 2011011,42395.723.31$37,825
Oct 2011012,64084.983.65$46,118
Sep 2011012,64583.623.99$50,400
Aug 2011013,30883.404.15$55,219
Jul 2011013,55994.144.52$61,249
Jun 2011013,35592.904.64$61,966
May 2011014,05698.134.40$61,914
Apr 2011013,877105.964.33$60,133
Mar 2011014,94796.364.06$60,645
Feb 2011013,76885.644.18$57,550
Jan 2011015,68086.504.59$71,952
Dec 2010016,07585.734.35$69,890
Nov 2010015,90280.843.80$60,353
Oct 2010016,97278.103.51$59,553
Sep 2010017,07272.633.98$67,938
Aug 2010018,17773.684.42$80,331
Jul 2010018,65572.554.74$88,359
Jun 2010018,21470.364.91$89,438
May 2010019,51571.124.24$82,650
Apr 2010019,57181.694.12$80,685
Mar 2010021,12778.394.39$92,719
Feb 2010019,12973.585.44$104,107
Jan 2010021,78074.365.96$129,898
Dec 2009022,52571.445.48$123,521
Nov 2009022,59774.593.75$84,773
Oct 2009024,84272.544.11$102,107
Sep 2009025,08265.543.06$76,870
Aug 2009027,88467.423.22$89,745
Jul 2009030,20761.133.46$104,652
Jun 2009032,17266.163.90$125,310
May 2009036,84954.743.93$144,660
Apr 2009018,56146.773.59$66,588
Mar 2009020,03042.144.06$81,302
Feb 2009020,07432.814.63$93,003
Jan 2009024,09335.865.37$129,404
Dec 2008024,25537.105.98$144,976
Nov 2008026,42755.496.86$181,299
Oct 2008031,36275.246.92$217,087
Sep 2008031,844101.767.88$250,838
Aug 2008035,981114.228.48$305,228
Jul 2008039,716131.0811.39$452,343
Jun 2008040,728131.3313.03$530,793
May 20081646,012123.1711.57$534,527
Apr 2008051,674110.3110.45$540,244
Mar 2008771,024101.909.66$687,094
Feb 200810111,93292.538.77$982,634
Jan 20082661,80590.388.21$509,505

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                2,601 Mcf  × $  3.05 =     $7,922

────────────────────────────────────────────────────
Month total                                   $7,922

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/233737 is the state's own key, not one this site invented.