BIGGS #1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240487District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
May 2008 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
217
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112008-10-27186601
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
CondensateDisposition14 bbl$1,189
GasProduction1,617,163 Mcf$7,420,106
Total$7,421,295

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 31.2662, -96.4393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26624, -96.43928 · 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
13,320 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 13,320 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-39531264613,320 ftMay 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 (217)

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

217 months

May 202602,141106.413.05$6,521
Apr 202602,31498.932.87$6,641
Mar 202602,36589.753.15$7,448
Feb 202602,25063.503.75$8,438
Jan 202602,48159.138.00$19,843
Dec 202502,45456.664.41$10,830
Nov 202502,99958.593.93$11,775
Oct 202503,29659.383.30$10,893
Sep 202502,96862.743.08$9,132
Aug 202503,18063.933.01$9,587
Jul 202503,84566.743.32$12,747
Jun 202502,96166.483.13$9,264
May 202502,77760.553.23$8,976
Apr 202502,50862.363.54$8,886
Mar 202503,55267.704.27$15,161
Feb 202502,58270.884.34$11,208
Jan 202503,01874.324.28$12,913
Dec 202403,53568.993.12$11,034
Nov 202403,38969.052.20$7,451
Oct 202403,53171.372.28$8,056
Sep 202403,58069.612.36$8,464
Aug 202403,89875.632.06$8,044
Jul 202404,09879.932.15$8,797
Jun 202404,20678.082.63$11,079
May 202403,92978.812.20$8,638
Apr 202403,85984.451.66$6,403
Mar 202404,57980.301.55$7,075
Feb 202403,84876.091.78$6,863
Jan 202403,89573.023.30$12,844
Dec 202304,27571.262.61$11,161
Nov 202303,70477.892.81$10,399
Oct 202304,57885.443.09$14,134
Sep 202304,21189.042.74$11,517
Aug 202304,13280.522.67$11,044
Jul 202305,51574.852.64$14,570
Jun 202305,44668.962.26$12,300
May 202305,42370.622.23$12,079
Apr 202305,25578.122.24$11,759
Mar 202305,70472.852.39$13,651
Feb 202305,77275.112.47$14,232
Jan 202306,08476.533.39$20,611
Dec 202206,25976.415.73$35,858
Nov 202206,33285.005.65$35,752
Oct 202206,27287.185.86$36,778
Sep 202205,13884.888.16$41,945
Aug 202205,11294.529.13$46,658
Jul 202204,857101.587.54$36,632
Jun 202204,063115.097.98$32,411
May 202203,936109.378.43$33,192
Apr 202202,715104.226.84$18,564
Mar 202203,181108.885.08$16,148
Feb 202202,90391.054.86$14,105
Jan 202203,48781.844.54$15,823
Dec 202102,82571.323.90$11,015
Nov 202103,40277.435.24$17,816
Oct 202103,96579.795.71$22,655
Sep 202104,32469.865.35$23,137
Aug 202105,32366.024.22$22,466
Jul 202104,38570.783.98$17,461
Jun 202105,11069.493.38$17,275
May 202102,48763.483.02$7,505
Apr 202102,74660.362.76$7,575
Mar 202103,00061.302.72$8,151
Feb 202103,08157.805.55$17,093
Jan 202103,68250.412.81$10,347
Dec 202003,67944.642.68$9,843
Nov 202003,65938.772.71$9,903
Oct 202004,04736.972.48$10,030
Sep 202005,83537.091.99$11,618
Aug 202005,13739.982.39$12,252
Jul 202001,98538.371.83$3,623
Jun 202002,13734.901.69$3,612
May 202002,36916.921.81$4,299
Apr 202002,33514.751.80$4,213
Mar 202002,48730.341.86$4,616
Feb 202002,44249.881.98$4,837
Jan 202002,68757.252.09$5,629
Dec 201902,76359.012.30$6,367
Nov 201902,92855.302.75$8,054
Oct 201903,29753.472.42$7,974
Sep 201902,39455.052.66$6,362
Aug 201902,44853.112.30$5,641
Jul 201902,15756.272.46$5,306
Jun 201901,43952.782.49$3,585
May 201902,50958.482.74$6,875
Apr 201901,45562.632.75$4,002
Mar 201901,49256.803.06$4,569
Feb 201901,93450.852.79$5,400
Jan 201902,15146.033.23$6,944
Dec 201804,09046.594.19$17,118
Nov 201802,14552.934.24$9,089
Oct 201802,73361.443.40$9,287
Sep 201802,94359.543.11$9,147
Aug 201802,98259.403.07$9,144
Jul 201802,98165.142.93$8,740
Jun 201803,35560.183.08$10,323
May 201804,28265.382.90$12,421
Apr 201803,90463.842.90$11,325
Mar 201804,14161.222.79$11,540
Feb 201804,39861.782.77$12,165
Jan 201804,90162.874.01$19,650
Dec 201705,25757.272.92$15,358
Nov 201704,45355.423.12$13,886
Oct 201704,36549.292.98$13,024
Sep 201703,45447.523.09$10,663
Aug 201703,46745.373.00$10,416
Jul 201704,12343.873.09$12,729
Jun 201703,98242.493.09$12,294
May 201704,30545.373.26$14,049
Apr 201704,24447.933.21$13,630
Mar 201704,27046.772.98$12,740
Feb 201704,19450.452.95$12,383
Jan 201705,03449.413.42$17,210
Dec 201605,21348.763.72$19,407
Nov 201604,62042.492.64$12,217
Oct 201604,68246.193.09$14,469
Sep 201604,35041.553.10$13,488
Aug 201604,04041.442.92$11,814
Jul 201604,08641.622.92$11,949
Jun 201604,20545.352.69$11,294
May 201604,65242.521.99$9,262
Apr 201604,80636.561.99$9,569
Mar 201603,83333.011.79$6,876
Feb 201604,16926.472.06$8,603
Jan 201605,17127.352.36$12,226
Dec 201505,85832.362.00$11,724
Nov 201504,77338.792.17$10,345
Oct 201504,50343.552.43$10,927
Sep 201504,87542.992.76$13,447
Aug 201504,99340.162.87$14,342
Jul 201504,97148.152.95$14,640
Jun 201505,59156.152.88$16,118
May 201506,16355.212.96$18,214
Apr 201504,34449.822.71$11,757
Mar 201504,84642.892.93$14,222
Feb 201504,86044.662.98$14,464
Jan 201505,14043.433.10$15,937
Dec 201404,83854.693.59$17,375
Nov 201405,07970.464.25$21,595
Oct 201404,66878.303.90$18,210
Sep 201405,25186.164.05$21,243
Aug 201404,47989.394.04$18,073
Jul 201405,36596.564.18$22,424
Jun 201407,00198.164.74$33,163
May 201405,31594.734.73$25,122
Apr 201406,63795.944.81$31,918
Mar 201406,94395.895.06$35,109
Feb 201405,18497.406.19$32,099
Jan 201405,44890.404.86$26,481
Dec 201306,19691.824.35$26,980
Nov 201306,71488.853.74$25,099
Oct 201307,15197.423.78$27,026
Sep 201307,060104.113.72$26,247
Aug 201307,046104.253.52$24,820
Jul 201307,334102.523.72$27,266
Jun 201306,41294.403.93$25,221
May 201308,35894.834.15$34,678
Apr 201306,88893.964.28$29,498
Mar 201308,55793.623.91$33,482
Feb 201306,89791.233.42$23,587
Jan 201308,30791.603.42$28,409
Dec 201208,98086.773.42$30,713
Nov 201208,73986.953.62$31,679
Oct 201209,03789.383.40$30,723
Sep 201208,94194.672.92$26,093
Aug 2012010,20692.662.91$29,681
Jul 201208,62985.133.02$26,066
Jun 201209,28079.822.52$23,377
May 2012010,04491.612.49$24,993
Apr 201209,075101.652.00$18,121
Mar 201209,763105.052.22$21,694
Feb 2012010,030101.102.57$25,780
Jan 201209,94898.092.73$27,199
Dec 2011010,53196.873.24$34,118
Nov 2011010,53295.723.31$34,874
Oct 2011010,99484.983.65$40,112
Sep 2011010,82383.623.99$43,138
Aug 2011011,32383.404.15$46,983
Jul 2011011,71994.144.52$52,938
Jun 2011011,34292.904.64$52,626
May 2011011,77098.134.40$51,845
Apr 2011011,741105.964.33$50,877
Mar 2011012,16396.364.06$49,349
Feb 2011011,25485.644.18$47,041
Jan 2011013,17486.504.59$60,453
Dec 2010012,99385.734.35$56,490
Nov 2010012,90780.843.80$48,986
Oct 2010013,47578.103.51$47,282
Sep 2010013,61672.633.98$54,184
Aug 2010014,42673.684.42$63,754
Jul 2010015,04572.554.74$71,260
Jun 2010014,96270.364.91$73,469
May 2010015,67871.124.24$66,400
Apr 2010015,73581.694.12$64,871
Mar 2010016,90378.394.39$74,182
Feb 2010015,82973.585.44$86,147
Jan 2010018,32674.365.96$109,298
Dec 2009019,17071.445.48$105,123
Nov 2009018,93474.593.75$71,031
Oct 2009021,21972.544.11$87,215
Sep 2009021,70165.543.06$66,508
Aug 2009023,76967.423.22$76,501
Jul 2009025,79361.133.46$89,360
Jun 2009025,27266.163.90$98,434
May 2009019,23254.743.93$75,500
Apr 2009019,98746.773.59$71,703
Mar 2009021,68442.144.06$88,015
Feb 2009120,49432.814.63$94,982
Jan 2009323,32935.865.37$125,408
Dec 2008027,50137.105.98$164,377
Nov 2008229,22055.496.86$200,571
Oct 2008228,09175.246.92$194,596
Sep 2008025,320101.767.88$199,448
Aug 2008035,392114.228.48$300,231
Jul 2008339,927131.0811.39$455,139
Jun 2008348,491131.3313.03$632,359
May 2008012,341123.1711.57$142,838

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                2,141 Mcf  × $  3.05 =     $6,521

────────────────────────────────────────────────────
Month total                                   $6,521

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/240487 is the state's own key, not one this site invented.