WALDRIP, MELVIN GAS UNIT II

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234842District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Feb 2008 – May 2026
Value, last 12 filed months
$100 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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112008-07-23184436
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
CondensateDisposition550 bbl$38,461
GasProduction1,848,978 Mcf$9,166,006
Total$9,204,467

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 31.4581, -96.2357. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45810, -96.23571 · 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
14,370 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 14,370 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-16133632514,370 ftMar 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 202602,135106.413.05$6,503
Apr 202602,13498.932.87$6,124
Mar 202601,96789.753.15$6,195
Feb 202602,03163.503.75$7,617
Jan 202602,23759.138.00$17,891
Dec 202502,21456.664.41$9,771
Nov 202502,19758.593.93$8,626
Oct 202502,58159.383.30$8,530
Sep 202502,13862.743.08$6,578
Aug 202502,39563.933.01$7,220
Jul 202502,45466.743.32$8,136
Jun 202502,29666.483.13$7,184
May 202502,62260.553.23$8,475
Apr 202502,35462.363.54$8,341
Mar 202502,16667.704.27$9,245
Feb 202503,01370.884.34$13,079
Jan 202503,81574.324.28$16,323
Dec 202404,13968.993.12$12,919
Nov 202403,35869.052.20$7,382
Oct 202403,52971.372.28$8,051
Sep 202403,21669.612.36$7,604
Aug 202402,65075.632.06$5,469
Jul 202403,70379.932.15$7,949
Jun 202402,81978.082.63$7,425
May 202403,47978.812.20$7,648
Apr 202403,70084.451.66$6,139
Mar 202402,48080.301.55$3,832
Feb 202402,94676.091.78$5,255
Jan 202403,02473.023.30$9,972
Dec 202303,03171.262.61$7,913
Nov 202302,96577.892.81$8,324
Oct 202303,07685.443.09$9,496
Sep 202302,11689.042.74$5,787
Aug 202303,41480.522.67$9,125
Jul 202302,85074.852.64$7,529
Jun 202303,29068.962.26$7,430
May 202302,81770.622.23$6,275
Apr 202333,23378.122.24$7,469
Mar 202342,79272.852.39$6,973
Feb 202322,47875.112.47$6,260
Jan 202343,71976.533.39$12,905
Dec 202243,03476.415.73$17,688
Nov 202242,73685.005.65$15,788
Oct 202222,88087.185.86$17,062
Sep 202222,69784.888.16$22,187
Aug 202243,09294.529.13$28,599
Jul 202263,640101.587.54$28,063
Jun 202273,707115.097.98$30,377
May 202283,876109.378.43$33,561
Apr 202204,026104.226.84$27,528
Mar 202203,506108.885.08$17,798
Feb 202203,34191.054.86$16,233
Jan 202204,79381.844.54$21,749
Dec 202102,97771.323.90$11,608
Nov 202103,96377.435.24$20,754
Oct 202114,43979.795.71$25,444
Sep 202103,70369.865.35$19,814
Aug 202104,44166.024.22$18,744
Jul 202103,60370.783.98$14,347
Jun 202103,13769.493.38$10,605
May 202122,95363.483.02$9,038
Apr 202115,08960.362.76$14,098
Mar 202146,57461.302.72$18,106
Feb 202154,98857.805.55$27,962
Jan 202112,08350.412.81$5,904
Dec 202024,00944.642.68$10,815
Nov 202024,08138.772.71$11,123
Oct 202004,05236.972.48$10,043
Sep 202013,87837.091.99$7,758
Aug 202004,87639.982.39$11,630
Jul 202014,90638.371.83$8,992
Jun 202015,09634.901.69$8,649
May 202005,32916.921.81$9,671
Apr 202064,72314.751.80$8,611
Mar 2020115,42730.341.86$10,408
Feb 202053,67449.881.98$7,526
Jan 202003,59857.252.09$7,537
Dec 201904,32559.012.30$9,966
Nov 201904,27755.302.75$11,765
Oct 201904,60553.472.42$11,137
Sep 201914,65555.052.66$12,425
Aug 201924,88253.112.30$11,356
Jul 201914,88456.272.46$12,071
Jun 201924,62152.782.49$11,617
May 201925,45058.482.74$15,052
Apr 201934,45662.632.75$12,445
Mar 201933,91056.803.06$12,143
Feb 201933,88750.852.79$11,006
Jan 201994,43846.033.23$14,741
Dec 201844,82746.594.19$20,389
Nov 201824,63952.934.24$19,762
Oct 201824,72561.443.40$16,179
Sep 201824,47359.543.11$14,021
Aug 201825,23159.403.07$16,160
Jul 201855,43165.142.93$16,249
Jun 201845,17660.183.08$16,167
May 201855,30865.382.90$15,724
Apr 201825,21663.842.90$15,258
Mar 201845,06661.222.79$14,363
Feb 201825,05761.782.77$14,112
Jan 201824,70662.874.01$18,994
Dec 201745,15557.272.92$15,290
Nov 201725,30455.423.12$16,651
Oct 201745,45849.292.98$16,482
Sep 201735,46647.523.09$17,018
Aug 201746,10945.373.00$18,535
Jul 201734,29143.873.09$13,379
Jun 201745,61642.493.09$17,508
May 201755,56745.373.26$18,394
Apr 201765,27847.933.21$17,238
Mar 201745,44646.772.98$16,436
Feb 201754,45850.452.95$13,415
Jan 201724,64249.413.42$15,969
Dec 201635,45948.763.72$20,469
Nov 201605,70842.492.64$15,094
Oct 201605,79746.193.09$17,914
Sep 201606,20941.553.10$19,252
Aug 201605,13441.442.92$15,014
Jul 201605,99941.622.92$17,543
Jun 201606,05145.352.69$16,252
May 201606,12742.521.99$12,199
Apr 201605,87736.561.99$11,701
Mar 201605,98433.011.79$10,735
Feb 201606,14926.472.06$12,689
Jan 201606,98527.352.36$16,515
Dec 201505,26932.362.00$10,545
Nov 201505,89738.792.17$12,781
Oct 2015436,47643.552.43$17,587
Sep 201506,26242.992.76$17,273
Aug 201506,64440.162.87$19,085
Jul 201506,76048.152.95$19,909
Jun 201506,68556.152.88$19,272
May 201506,98655.212.96$20,647
Apr 201506,59449.822.71$17,847
Mar 201506,67742.892.93$19,595
Feb 201506,34244.662.98$18,875
Jan 201507,03943.433.10$21,825
Dec 201407,31854.693.59$26,282
Nov 201406,76870.464.25$28,776
Oct 201407,20578.303.90$28,106
Sep 201407,26886.164.05$29,402
Aug 201407,41289.394.04$29,908
Jul 201407,75596.564.18$32,413
Jun 201407,35498.164.74$34,835
May 201407,20694.734.73$34,060
Apr 201407,21795.944.81$34,707
Mar 201407,54295.895.06$38,138
Feb 201407,01297.406.19$43,418
Jan 201407,89190.404.86$38,356
Dec 201308,08491.824.35$35,202
Nov 201307,49388.853.74$28,011
Oct 201308,14897.423.78$30,794
Sep 201307,981104.113.72$29,671
Aug 201308,373104.253.52$29,495
Jul 201308,438102.523.72$31,370
Jun 201308,30994.403.93$32,683
May 201308,67494.834.15$35,989
Apr 201308,57693.964.28$36,727
Mar 201308,84993.623.91$34,625
Feb 201307,57391.233.42$25,899
Jan 201309,02691.603.42$30,868
Dec 201209,18786.773.42$31,421
Nov 201209,07686.953.62$32,900
Oct 201209,57389.383.40$32,545
Sep 201209,15794.672.92$26,724
Aug 201209,95892.662.91$28,959
Jul 2012010,82685.133.02$32,703
Jun 201208,77079.822.52$22,092
May 201208,69191.612.49$21,626
Apr 201218,096101.652.00$16,268
Mar 201209,471105.052.22$21,045
Feb 201209,651101.102.57$24,805
Jan 2012010,52198.092.73$28,765
Dec 2011010,15696.873.24$32,903
Nov 201109,55595.723.31$31,639
Oct 2011011,61484.983.65$42,374
Sep 2011011,18883.623.99$44,593
Aug 2011012,52483.404.15$51,966
Jul 2011011,48694.144.52$51,885
Jun 2011011,36792.904.64$52,742
May 2011012,65498.134.40$55,739
Apr 2011012,300105.964.33$53,299
Mar 2011013,22496.364.06$53,654
Feb 2011111,81485.644.18$49,468
Jan 2011013,71986.504.59$62,953
Dec 2010013,95985.734.35$60,690
Nov 2010014,23480.843.80$54,023
Oct 2010015,48278.103.51$54,325
Sep 2010014,93372.633.98$59,425
Aug 2010316,66073.684.42$73,848
Jul 2010017,36372.554.74$82,240
Jun 2010017,68770.364.91$86,850
May 201017918,78071.124.24$92,268
Apr 2010019,68081.694.12$81,135
Mar 2010123,76378.394.39$104,366
Feb 2010311,86473.585.44$64,789
Jan 2010114,44074.365.96$86,196
Dec 2009017,65571.445.48$96,816
Nov 200909,94274.593.75$37,297
Oct 2009013,79172.544.11$56,684
Sep 2009011,35465.543.06$34,797
Aug 2009017,50267.423.22$56,330
Jul 2009016,96561.133.46$58,775
Jun 2009018,79666.163.90$73,210
May 2009023,28954.743.93$91,427
Apr 2009424,65246.773.59$88,626
Mar 2009428,65142.144.06$116,463
Feb 2009230,52132.814.63$141,469
Jan 2009727,53235.865.37$148,125
Dec 2008019,76637.105.98$118,144
Nov 2008122,14855.496.86$151,999
Oct 2008125,76575.246.92$178,420
Sep 2008027,922101.767.88$219,944
Aug 2008132,864114.228.48$278,900
Jul 2008437,831131.0811.39$431,398
Jun 2008533,653131.3313.03$439,244
May 2008052,016123.1711.57$602,048
Apr 2008078,448110.3110.45$820,163
Mar 20088351,924101.909.66$510,255
Feb 2008245192.538.77$4,141

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                2,135 Mcf  × $  3.05 =     $6,503

────────────────────────────────────────────────────
Month total                                   $6,503

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/234842 is the state's own key, not one this site invented.