CRAIG GAS UNIT

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 240489District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jun 2008 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
216
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 Gas112009-05-18191661
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
CondensateDisposition5 bbl$448
GasProduction1,036,112 Mcf$4,956,756
Total$4,957,204

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 31.5367, -96.2604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.53665, -96.26035 · 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
12,373 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 12,373 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-16134009112,373 ftJun 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 (216)

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

216 months

May 20260876106.413.05$2,668
Apr 2026055398.932.87$1,587
Mar 2026049989.753.15$1,572
Feb 2026051763.503.75$1,939
Jan 2026088059.138.00$7,038
Dec 202501,17356.664.41$5,177
Nov 2025056358.593.93$2,211
Oct 202501,07159.383.30$3,539
Sep 202501,38962.743.08$4,274
Aug 202501,47063.933.01$4,432
Jul 202501,56666.743.32$5,192
Jun 202501,17066.483.13$3,661
May 2025059260.553.23$1,914
Apr 2025082162.363.54$2,909
Mar 2025063467.704.27$2,706
Feb 2025073470.884.34$3,186
Jan 202501,24274.324.28$5,314
Dec 202401,74068.993.12$5,431
Nov 202401,99369.052.20$4,381
Oct 202401,72171.372.28$3,926
Sep 202402,00569.612.36$4,741
Aug 202402,25475.632.06$4,651
Jul 202401,07679.932.15$2,310
Jun 202401,83578.082.63$4,833
May 202401,90578.812.20$4,188
Apr 202402,31284.451.66$3,836
Mar 202403,19280.301.55$4,932
Feb 202402,16576.091.78$3,862
Jan 202431,45973.023.30$5,030
Dec 202301,77171.262.61$4,624
Nov 202301,41577.892.81$3,973
Oct 202301,91485.443.09$5,909
Sep 202301,45589.042.74$3,979
Aug 202301,36780.522.67$3,654
Jul 202301,89574.852.64$5,006
Jun 202301,31568.962.26$2,970
May 202301,93170.622.23$4,301
Apr 202301,70978.122.24$3,824
Mar 202301,84972.852.39$4,425
Feb 202302,00775.112.47$4,949
Jan 202301,34176.533.39$4,543
Dec 202201,34776.415.73$7,717
Nov 202201,59685.005.65$9,011
Oct 202202,04387.185.86$11,980
Sep 202201,86984.888.16$15,258
Aug 202201,61794.529.13$14,759
Jul 202202,042101.587.54$15,401
Jun 202201,243115.097.98$9,916
May 202201,801109.378.43$15,188
Apr 202201,876104.226.84$12,827
Mar 202201,468108.885.08$7,452
Feb 202201,64491.054.86$7,988
Jan 202201,74981.844.54$7,936
Dec 202101,22571.323.90$4,776
Nov 202101,07077.435.24$5,603
Oct 202101,42779.795.71$8,154
Sep 202101,21669.865.35$6,507
Aug 202101,98566.024.22$8,378
Jul 202101,80870.783.98$7,200
Jun 202102,00369.493.38$6,771
May 202102,08063.483.02$6,277
Apr 202103,00760.362.76$8,295
Mar 202102,37561.302.72$6,453
Feb 202101,08457.805.55$6,014
Jan 202101,31950.412.81$3,707
Dec 2020092144.642.68$2,464
Nov 202001,82338.772.71$4,934
Oct 202002,38936.972.48$5,921
Sep 202001,97237.091.99$3,926
Aug 202002,08639.982.39$4,975
Jul 202001,98138.371.83$3,616
Jun 202002,02334.901.69$3,420
May 202002,46116.921.81$4,466
Apr 202002,39114.751.80$4,314
Mar 202002,56130.341.86$4,754
Feb 202001,52749.881.98$3,024
Jan 202002,14357.252.09$4,489
Dec 201902,18459.012.30$5,033
Nov 201902,44555.302.75$6,725
Oct 2019076053.472.42$1,838
Sep 2019024255.052.66$643
Aug 2019027453.112.30$631
Jul 2019050856.272.46$1,250
Jun 2019050652.782.49$1,261
May 2019052858.482.74$1,447
Apr 2019035462.632.75$974
Mar 2019048856.803.06$1,494
Feb 2019032750.852.79$913
Jan 2019047446.033.23$1,530
Dec 2018033546.594.19$1,402
Nov 2018041052.934.24$1,737
Oct 2018053161.443.40$1,804
Sep 201801,03859.543.11$3,226
Aug 201801,70259.403.07$5,219
Jul 2018095565.142.93$2,800
Jun 201801,76060.183.08$5,415
May 201801,08765.382.90$3,153
Apr 201801,68163.842.90$4,876
Mar 201801,95261.222.79$5,440
Feb 201801,02861.782.77$2,844
Jan 201801,72962.874.01$6,932
Dec 201701,48157.272.92$4,327
Nov 201702,13155.423.12$6,645
Oct 201702,51649.292.98$7,507
Sep 201702,06247.523.09$6,366
Aug 201701,97745.373.00$5,940
Jul 201702,62343.873.09$8,098
Jun 201702,61742.493.09$8,079
May 201702,74545.373.26$8,958
Apr 201702,74147.933.21$8,803
Mar 201703,48046.772.98$10,383
Feb 201703,14650.452.95$9,289
Jan 201702,81649.413.42$9,627
Dec 201602,62348.763.72$9,765
Nov 201602,45442.492.64$6,489
Oct 201602,36846.193.09$7,318
Sep 201602,94941.553.10$9,144
Aug 201601,97541.442.92$5,776
Jul 201602,76341.622.92$8,080
Jun 201602,96345.352.69$7,958
May 201603,01442.521.99$6,001
Apr 201602,87036.561.99$5,714
Mar 201603,14833.011.79$5,648
Feb 201602,93026.472.06$6,046
Jan 201603,03627.352.36$7,178
Dec 201503,82532.362.00$7,655
Nov 201503,31538.792.17$7,185
Oct 201503,52743.552.43$8,559
Sep 201503,39042.992.76$9,351
Aug 201503,60140.162.87$10,344
Jul 201503,48448.152.95$10,261
Jun 201503,64256.152.88$10,499
May 201503,53555.212.96$10,448
Apr 201503,55449.822.71$9,619
Mar 201503,37042.892.93$9,890
Feb 201503,09944.662.98$9,223
Jan 201502,23743.433.10$6,936
Dec 201403,40554.693.59$12,229
Nov 201402,94670.464.25$12,526
Oct 201403,38678.303.90$13,209
Sep 201403,48086.164.05$14,078
Aug 201403,53789.394.04$14,272
Jul 201404,12096.564.18$17,220
Jun 201404,52998.164.74$21,453
May 201404,42094.734.73$20,891
Apr 201404,19995.944.81$20,193
Mar 201404,30995.895.06$21,790
Feb 201403,49297.406.19$21,622
Jan 201404,38090.404.86$21,290
Dec 201303,52491.824.35$15,345
Nov 201303,59688.853.74$13,443
Oct 201305,09197.423.78$19,241
Sep 201304,190104.113.72$15,577
Aug 201303,991104.253.52$14,059
Jul 201304,123102.523.72$15,328
Jun 201304,52594.403.93$17,799
May 201304,49794.834.15$18,658
Apr 201304,09193.964.28$17,520
Mar 201304,24793.623.91$16,618
Feb 201304,21991.233.42$14,429
Jan 201304,92591.603.42$16,843
Dec 201206,06386.773.42$20,736
Nov 201206,02886.953.62$21,851
Oct 201205,52989.383.40$18,797
Sep 201205,81894.672.92$16,979
Aug 201206,04692.662.91$17,583
Jul 201205,97985.133.02$18,061
Jun 201206,74579.822.52$16,991
May 201206,24591.612.49$15,540
Apr 201202,716101.652.00$5,423
Mar 201202,870105.052.22$6,377
Feb 201202,866101.102.57$7,366
Jan 201203,51398.092.73$9,605
Dec 201103,22196.873.24$10,435
Nov 201104,29895.723.31$14,232
Oct 201106,60084.983.65$24,080
Sep 201105,93983.623.99$23,672
Aug 201106,61283.404.15$27,435
Jul 201106,83794.144.52$30,884
Jun 201106,90592.904.64$32,038
May 201107,25898.134.40$31,970
Apr 201106,987105.964.33$30,277
Mar 201107,34396.364.06$29,793
Feb 201106,54285.644.18$27,345
Jan 201108,25286.504.59$37,867
Dec 201008,54185.734.35$37,134
Nov 201008,34980.843.80$31,687
Oct 201009,10678.103.51$31,952
Sep 201009,42772.633.98$37,514
Aug 2010010,21773.684.42$45,153
Jul 2010010,60172.554.74$50,212
Jun 2010010,37370.364.91$50,936
May 2010011,38971.124.24$48,235
Apr 2010011,35981.694.12$46,830
Mar 2010012,68978.394.39$55,688
Feb 2010013,09873.585.44$71,284
Jan 2010015,87074.365.96$94,650
Dec 2009018,38571.445.48$100,819
Nov 2009017,74774.593.75$66,578
Oct 2009022,91472.544.11$94,182
Sep 2009017,21665.543.06$52,763
Aug 2009011,29867.423.22$36,363
Jul 2009012,97961.133.46$44,966
Jun 2009013,15466.163.90$51,235
May 2009016,76854.743.93$65,827
Apr 2009019,68146.773.59$70,606
Mar 2009024,04942.144.06$97,615
Feb 2009026,86332.814.63$124,456
Jan 2009037,20735.865.37$199,839
Dec 2008041,66337.105.98$249,026
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200809,395101.767.88$74,005
Aug 2008254,989114.228.48$466,701
Jul 2008058,478131.0811.39$666,031
Jun 2008016,020131.3313.03$208,783

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                  876 Mcf  × $  3.05 =     $2,668

────────────────────────────────────────────────────
Month total                                   $2,668

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/240489 is the state's own key, not one this site invented.