MCMICHAEL "B" 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 234840District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Feb 2008 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
220
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 Gas112008-06-10183383
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
CondensateDisposition2,321 bbl$184,329
GasProduction1,156,671 Mcf$5,657,812
Total$5,842,141

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 31.7186, -96.1888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71856, -96.18880 · 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
12,400 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 12,400 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-16133795312,400 ftApr 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 (220)

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

220 months

May 202601,757106.413.05$5,352
Apr 202601,90898.932.87$5,475
Mar 202602,54289.753.15$8,006
Feb 202601,89363.503.75$7,099
Jan 202601,69959.138.00$13,588
Dec 202502,31456.664.41$10,213
Nov 202502,32058.593.93$9,109
Oct 202502,49759.383.30$8,252
Sep 202502,39762.743.08$7,375
Aug 202502,71863.933.01$8,194
Jul 202502,02666.743.32$6,717
Jun 202501,75766.483.13$5,497
May 2025062360.553.23$2,014
Apr 2025077762.363.54$2,753
Mar 202502,18767.704.27$9,335
Feb 202501,93370.884.34$8,391
Jan 202501,81874.324.28$7,779
Dec 202402,54768.993.12$7,950
Nov 202403,71769.052.20$8,172
Oct 202402,90171.372.28$6,618
Sep 202402,47669.612.36$5,854
Aug 202402,54175.632.06$5,244
Jul 202412,44679.932.15$5,330
Jun 202422,29378.082.63$6,196
May 202432,52578.812.20$5,787
Apr 202432,77984.451.66$4,864
Mar 202402,98980.301.55$4,618
Feb 202402,26376.091.78$4,036
Jan 2024110973.023.30$432
Dec 2023048271.262.61$1,258
Nov 2023055777.892.81$1,564
Oct 202301,35485.443.09$4,180
Sep 2023035489.042.74$968
Aug 2023043180.522.67$1,152
Jul 2023034674.852.64$914
Jun 202307468.962.26$167
May 2023031470.622.23$699
Apr 2023093978.122.24$2,101
Mar 202301,60072.852.39$3,829
Feb 202301,34075.112.47$3,304
Jan 2023027476.533.39$928
Dec 2022097176.415.73$5,563
Nov 202201,93685.005.65$10,931
Oct 2022065387.185.86$3,829
Sep 202201,88884.888.16$15,413
Aug 202202,27694.529.13$20,773
Jul 202202,585101.587.54$19,496
Jun 202202,511115.097.98$20,031
May 202203,464109.378.43$29,212
Apr 202201,417104.226.84$9,689
Mar 202203,103108.885.08$15,752
Feb 202202,48391.054.86$12,065
Jan 202203,99081.844.54$18,105
Dec 202103,57971.323.90$13,955
Nov 202101,86177.435.24$9,746
Oct 202103,00679.795.71$17,176
Sep 202103,26569.865.35$17,471
Aug 202103,57166.024.22$15,072
Jul 202104,22470.783.98$16,820
Jun 202102,20769.493.38$7,461
May 202101,41263.483.02$4,261
Apr 2021088560.362.76$2,441
Mar 2021078861.302.72$2,141
Feb 2021050757.805.55$2,813
Jan 202101,04950.412.81$2,948
Dec 202002,23744.642.68$5,985
Nov 202002,67438.772.71$7,237
Oct 202002,63336.972.48$6,526
Sep 202002,74937.091.99$5,473
Aug 202002,95139.982.39$7,038
Jul 202002,74738.371.83$5,014
Jun 202002,10634.901.69$3,560
May 202002,36916.921.81$4,299
Apr 202002,38314.751.80$4,300
Mar 202002,49930.341.86$4,639
Feb 202002,45049.881.98$4,853
Jan 202002,67057.252.09$5,593
Dec 201902,55659.012.30$5,890
Nov 201902,70855.302.75$7,449
Oct 201902,43553.472.42$5,889
Sep 201903,00255.052.66$7,977
Aug 201902,92553.112.30$6,740
Jul 201903,20356.272.46$7,880
Jun 201903,03452.782.49$7,558
May 201903,21458.482.74$8,807
Apr 201903,18462.632.75$8,758
Mar 201903,36656.803.06$10,307
Feb 201903,01550.852.79$8,419
Jan 201903,39646.033.23$10,963
Dec 201803,37246.594.19$14,113
Nov 201803,32652.934.24$14,093
Oct 201803,52361.443.40$11,971
Sep 201803,45459.543.11$10,735
Aug 201803,55659.403.07$10,905
Jul 201803,63465.142.93$10,654
Jun 201803,36360.183.08$10,348
May 201803,61865.382.90$10,495
Apr 201803,51863.842.90$10,205
Mar 201803,75561.222.79$10,465
Feb 201803,30661.782.77$9,145
Jan 201803,62862.874.01$14,546
Dec 201703,68357.272.92$10,760
Nov 201703,66255.423.12$11,419
Oct 201703,87049.292.98$11,547
Sep 20171783,78347.523.09$20,138
Aug 201703,81545.373.00$11,462
Jul 201703,88943.873.09$12,006
Jun 201703,86342.493.09$11,926
May 201704,00445.373.26$13,067
Apr 201703,90147.933.21$12,528
Mar 201704,13246.772.98$12,329
Feb 201703,79250.452.95$11,196
Jan 201703,95949.413.42$13,535
Dec 201603,82948.763.72$14,255
Nov 201603,78742.492.64$10,014
Oct 201604,18146.193.09$12,920
Sep 201603,68641.553.10$11,429
Aug 201604,10441.442.92$12,001
Jul 201604,41341.622.92$12,905
Jun 201604,34245.352.69$11,662
May 201604,32342.521.99$8,607
Apr 201603,98936.561.99$7,942
Mar 20161844,29233.011.79$13,774
Feb 201603,97026.472.06$8,193
Jan 201603,41727.352.36$8,079
Dec 201504,15832.362.00$8,322
Nov 201504,79838.792.17$10,399
Oct 201503,88943.552.43$9,437
Sep 201514,92042.992.76$13,614
Aug 20151824,47440.162.87$20,161
Jul 201504,52548.152.95$13,326
Jun 201504,96356.152.88$14,308
May 201504,55855.212.96$13,471
Apr 201504,76749.822.71$12,902
Mar 201505,01242.892.93$14,709
Feb 201505,47044.662.98$16,280
Jan 201502,86643.433.10$8,886
Dec 201402,06254.693.59$7,405
Nov 201402,69770.464.25$11,467
Oct 201404,86278.303.90$18,966
Sep 201404,98486.164.05$20,162
Aug 201405,34789.394.04$21,576
Jul 201405,45696.564.18$22,804
Jun 20141813,98398.164.74$36,634
May 201404,73394.734.73$22,371
Apr 201404,62495.944.81$22,237
Mar 201404,36295.895.06$22,058
Feb 201403,69997.406.19$22,904
Jan 201404,88290.404.86$23,730
Dec 201305,35991.824.35$23,336
Nov 201305,45388.853.74$20,385
Oct 201305,29297.423.78$20,000
Sep 201305,413104.113.72$20,124
Aug 201304,758104.253.52$16,761
Jul 201305,765102.523.72$21,433
Jun 201305,58494.403.93$21,964
May 201305,93394.834.15$24,616
Apr 201305,81493.964.28$24,899
Mar 201305,70293.623.91$22,311
Feb 201305,50491.233.42$18,823
Jan 201306,07691.603.42$20,779
Dec 201206,07186.773.42$20,764
Nov 201205,92986.953.62$21,492
Oct 201206,38889.383.40$21,717
Sep 201206,30994.672.92$18,412
Aug 201206,68992.662.91$19,453
Jul 201206,33885.133.02$19,146
Jun 20121636,66979.822.52$29,810
May 201207,01791.612.49$17,461
Apr 201207,062101.652.00$14,101
Mar 201207,408105.052.22$16,461
Feb 201207,172101.102.57$18,434
Jan 201207,92098.092.73$21,654
Dec 201108,10696.873.24$26,261
Nov 201108,76495.723.31$29,020
Oct 201104,81284.983.65$17,557
Sep 201105,81783.623.99$23,185
Aug 201106,84883.404.15$28,415
Jul 201106,30094.144.52$28,459
Jun 20111806,27792.904.64$45,847
May 201107,15098.134.40$31,494
Apr 201107,155105.964.33$31,005
Mar 201107,58596.364.06$30,775
Feb 201107,15885.644.18$29,920
Jan 201107,04886.504.59$32,342
Dec 201007,30585.734.35$31,760
Nov 201008,06080.843.80$30,590
Oct 201008,93778.103.51$31,359
Sep 201008,29872.633.98$33,022
Aug 201007,83973.684.42$34,643
Jul 201008,18272.554.74$38,754
Jun 201008,80170.364.91$43,216
May 201009,15871.124.24$38,786
Apr 20101779,32881.694.12$52,916
Mar 2010010,34778.394.39$45,410
Feb 201006,95473.585.44$37,846
Jan 201008,94374.365.96$53,337
Dec 200909,90271.445.48$54,300
Nov 200917610,31574.593.75$51,825
Oct 2009011,33372.544.11$46,581
Sep 2009012,13065.543.06$37,175
Aug 2009012,62367.423.22$40,627
Jul 2009114,55061.133.46$50,470
Jun 2009013,69066.163.90$53,323
May 2009018,23254.743.93$71,574
Apr 200917814,87246.773.59$61,678
Mar 2009010,60742.144.06$43,054
Feb 2009010,11332.814.63$46,854
Jan 2009011,49235.865.37$61,724
Dec 2008011,52237.105.98$68,869
Nov 200817912,11855.496.86$93,067
Oct 2008014,18475.246.92$98,181
Sep 2008016,036101.767.88$126,317
Aug 2008025,486114.228.48$216,198
Jul 200817619,596131.0811.39$246,257
Jun 200817721,491131.3313.03$303,330
May 200817830,057123.1711.57$369,813
Apr 2008028,637110.3110.45$299,396
Mar 2008056,207101.909.66$543,188
Feb 200804,89792.538.77$42,950

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                1,757 Mcf  × $  3.05 =     $5,352

────────────────────────────────────────────────────
Month total                                   $5,352

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/234840 is the state's own key, not one this site invented.