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 233738District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.3 M
Jan 2008 – May 2026
Value, last 12 filed months
$120 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 Gas112008-05-12182760
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
CondensateDisposition41 bbl$3,950
GasProduction2,299,665 Mcf$12,298,963
Total$12,302,914

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 31.5216, -96.2476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52155, -96.24765 · 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
12,930 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 12,930 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-161338413812,930 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 202603,150106.413.05$9,594
Apr 202602,16198.932.87$6,201
Mar 202602,71689.753.15$8,554
Feb 202601,48763.503.75$5,577
Jan 202603,54559.138.00$28,353
Dec 202503,32656.664.41$14,679
Nov 202501,61458.593.93$6,337
Oct 202502,38959.383.30$7,895
Sep 202501,92962.743.08$5,935
Aug 202502,99363.933.01$9,023
Jul 202503,29166.743.32$10,910
Jun 202502,37366.483.13$7,424
May 202502,66960.553.23$8,627
Apr 202502,95662.363.54$10,473
Mar 202502,14667.704.27$9,160
Feb 202503,31170.884.34$14,373
Jan 202503,22774.324.28$13,807
Dec 202403,17868.993.12$9,920
Nov 202401,37369.052.20$3,018
Oct 202402,47071.372.28$5,635
Sep 202403,18969.612.36$7,540
Aug 202402,18175.632.06$4,501
Jul 202402,86479.932.15$6,148
Jun 202402,93878.082.63$7,739
May 202402,59078.812.20$5,694
Apr 202402,73684.451.66$4,540
Mar 202403,34080.301.55$5,161
Feb 202401,62176.091.78$2,891
Jan 202423,15873.023.30$10,560
Dec 202302,34971.262.61$6,133
Nov 202303,20677.892.81$9,001
Oct 202303,48685.443.09$10,762
Sep 202302,24789.042.74$6,146
Aug 202302,47980.522.67$6,626
Jul 202301,84474.852.64$4,871
Jun 202303,39268.962.26$7,661
May 202303,81470.622.23$8,495
Apr 202303,65878.122.24$8,186
Mar 202303,66972.852.39$8,781
Feb 202301,64175.112.47$4,046
Jan 202303,52276.533.39$11,932
Dec 202202,11176.415.73$12,094
Nov 202202,71685.005.65$15,335
Oct 202202,69087.185.86$15,774
Sep 202202,59784.888.16$21,201
Aug 202204,15094.529.13$37,878
Jul 202203,317101.587.54$25,017
Jun 202202,875115.097.98$22,934
May 202203,921109.378.43$33,066
Apr 202203,557104.226.84$24,321
Mar 202203,846108.885.08$19,524
Feb 202204,84091.054.86$23,517
Jan 202204,20581.844.54$19,081
Dec 202104,65771.323.90$18,158
Nov 202104,39777.435.24$23,026
Oct 202103,86979.795.71$22,107
Sep 202103,82069.865.35$20,441
Aug 202103,85666.024.22$16,275
Jul 202103,62470.783.98$14,431
Jun 202103,59569.493.38$12,153
May 202103,32763.483.02$10,040
Apr 202102,54060.362.76$7,006
Mar 202104,06861.302.72$11,053
Feb 202102,97557.805.55$16,505
Jan 202103,18250.412.81$8,942
Dec 202004,01744.642.68$10,747
Nov 202003,54238.772.71$9,587
Oct 202003,97636.972.48$9,854
Sep 202004,13537.091.99$8,233
Aug 202004,28039.982.39$10,208
Jul 202004,42138.371.83$8,069
Jun 202003,92934.901.69$6,641
May 202004,17316.921.81$7,573
Apr 202003,91514.751.80$7,064
Mar 202004,31630.341.86$8,011
Feb 202003,96849.881.98$7,859
Jan 202004,52457.252.09$9,477
Dec 201904,60559.012.30$10,612
Nov 201904,01655.302.75$11,047
Oct 201904,46553.472.42$10,799
Sep 201904,29655.052.66$11,416
Aug 201904,76353.112.30$10,976
Jul 201904,37856.272.46$10,770
Jun 201904,09152.782.49$10,192
May 201904,81258.482.74$13,186
Apr 201904,90362.632.75$13,487
Mar 201905,17256.803.06$15,837
Feb 201904,65350.852.79$12,992
Jan 201905,22746.033.23$16,874
Dec 201805,26246.594.19$22,024
Nov 201805,11552.934.24$21,673
Oct 201805,32161.443.40$18,081
Sep 201805,26659.543.11$16,367
Aug 201805,45759.403.07$16,734
Jul 201805,44165.142.93$15,952
Jun 201805,18260.183.08$15,945
May 201805,33965.382.90$15,487
Apr 201805,06163.842.90$14,681
Mar 201805,29761.222.79$14,762
Feb 201804,77961.782.77$13,219
Jan 201805,08062.874.01$20,367
Dec 201705,23757.272.92$15,300
Nov 201705,49855.423.12$17,145
Oct 201705,72549.292.98$17,082
Sep 201705,59347.523.09$17,267
Aug 201705,79545.373.00$17,411
Jul 201705,85043.873.09$18,061
Jun 201705,71342.493.09$17,638
May 201705,96745.373.26$19,473
Apr 201705,91847.933.21$19,006
Mar 201706,10446.772.98$18,212
Feb 201705,41550.452.95$15,988
Jan 201706,20849.413.42$21,224
Dec 201606,29348.763.72$23,428
Nov 201606,19742.492.64$16,387
Oct 201606,47646.193.09$20,013
Sep 201606,40641.553.10$19,863
Aug 201606,74741.442.92$19,731
Jul 201606,81841.622.92$19,938
Jun 201606,37745.352.69$17,128
May 201606,18742.521.99$12,319
Apr 201605,34036.561.99$10,632
Mar 201605,60333.011.79$10,052
Feb 201605,22426.472.06$10,780
Jan 201606,21927.352.36$14,704
Dec 201505,88532.362.00$11,778
Nov 201505,65538.792.17$12,256
Oct 201505,88143.552.43$14,271
Sep 201505,77142.992.76$15,919
Aug 201506,32640.162.87$18,171
Jul 201506,01948.152.95$17,726
Jun 201506,35656.152.88$18,323
May 201506,59255.212.96$19,482
Apr 201505,81549.822.71$15,739
Mar 201506,40142.892.93$18,785
Feb 201506,08144.662.98$18,098
Jan 201506,79943.433.10$21,081
Dec 201407,47954.693.59$26,860
Nov 201407,19970.464.25$30,609
Oct 201407,58078.303.90$29,569
Sep 201407,32886.164.05$29,645
Aug 201407,69489.394.04$31,046
Jul 201407,82696.564.18$32,710
Jun 201407,69098.164.74$36,427
May 201408,02694.734.73$37,935
Apr 201407,88395.944.81$37,910
Mar 201408,13195.895.06$41,117
Feb 201407,47997.406.19$46,310
Jan 201407,89190.404.86$38,356
Dec 201307,89791.824.35$34,387
Nov 201308,43988.853.74$31,547
Oct 201308,77797.423.78$33,171
Sep 201308,611104.113.72$32,013
Aug 201309,060104.253.52$31,915
Jul 201309,364102.523.72$34,813
Jun 201308,99594.403.93$35,381
May 201309,27894.834.15$38,495
Apr 201309,16693.964.28$39,254
Mar 201309,36793.623.91$36,652
Feb 201308,92391.233.42$30,516
Jan 201309,53591.603.42$32,609
Dec 2012010,16486.773.42$34,763
Nov 201209,84886.953.62$35,699
Oct 2012010,59889.383.40$36,030
Sep 2012010,38594.672.92$30,308
Aug 2012010,75692.662.91$31,280
Jul 2012011,33485.133.02$34,238
Jun 2012010,81179.822.52$27,233
May 2012011,34991.612.49$28,240
Apr 2012011,600101.652.00$23,163
Mar 2012011,610105.052.22$25,798
Feb 2012011,054101.102.57$28,411
Jan 2012012,26098.092.73$33,520
Dec 2011012,67896.873.24$41,073
Nov 2011011,87895.723.31$39,331
Oct 2011013,10984.983.65$47,829
Sep 2011013,15783.623.99$52,441
Aug 2011013,56783.404.15$56,294
Jul 2011013,96194.144.52$63,065
Jun 2011013,77792.904.64$63,924
May 2011014,63598.134.40$64,465
Apr 2011014,381105.964.33$62,317
Mar 2011015,62596.364.06$63,396
Feb 2011014,41885.644.18$60,267
Jan 2011017,24086.504.59$79,111
Dec 2010017,17885.734.35$74,686
Nov 2010011,69980.843.80$44,402
Oct 2010012,51178.103.51$43,900
Sep 2010014,32572.633.98$57,006
Aug 2010014,95273.684.42$66,078
Jul 2010014,78472.554.74$70,024
Jun 2010014,72770.364.91$72,315
May 2010014,65371.124.24$62,059
Apr 2010016,81281.694.12$69,311
Mar 2010019,74678.394.39$86,659
Feb 2010018,66573.585.44$101,582
Jan 2010021,24374.365.96$126,695
Dec 2009021,18171.445.48$116,151
Nov 2009021,58674.593.75$80,980
Oct 2009023,37872.544.11$96,089
Sep 2009023,20365.543.06$71,111
Aug 2009024,88167.423.22$80,080
Jul 2009025,40761.133.46$88,023
Jun 2009026,87766.163.90$104,686
May 2009029,43854.743.93$115,566
Apr 2009030,62146.773.59$109,853
Mar 2009034,01542.144.06$138,067
Feb 2009033,39132.814.63$154,701
Jan 2009040,34035.865.37$216,666
Dec 2008044,57337.105.98$266,419
Nov 2008049,91655.496.86$342,442
Oct 2008030,23075.246.92$209,251
Sep 2008031,177101.767.88$245,584
Aug 2008065,681114.228.48$557,173
Jul 2008051,693131.0811.39$588,754
Jun 2008043,787131.3313.03$570,660
May 2008442,476123.1711.57$492,122
Apr 2008045,833110.3110.45$479,178
Mar 20081182,618101.909.66$799,547
Feb 200810113,59892.538.77$997,246
Jan 20081492,02690.388.21$756,406

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                3,150 Mcf  × $  3.05 =     $9,594

────────────────────────────────────────────────────
Month total                                   $9,594

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/233738 is the state's own key, not one this site invented.