MORTON NO. 1 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 240507District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
May 2008 – May 2026
Value, last 12 filed months
$57 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 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 Gas112009-01-29188893
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
CondensateDisposition1,249 bbl$79,030
GasProduction1,276,964 Mcf$6,654,636
Total$6,733,665

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 31.4956, -96.3100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49562, -96.31001 · 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
12,825 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 12,825 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-2933206717R12,825 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 202601,399106.413.05$4,261
Apr 202601,30098.932.87$3,731
Mar 202601,32489.753.15$4,170
Feb 202601,20363.503.75$4,512
Jan 202601,25359.138.00$10,021
Dec 202501,34956.664.41$5,954
Nov 202501,11958.593.93$4,394
Oct 202501,25759.383.30$4,154
Sep 202501,23562.743.08$3,800
Aug 202501,39963.933.01$4,218
Jul 202501,29566.743.32$4,293
Jun 202501,25466.483.13$3,923
May 202501,22660.553.23$3,963
Apr 202501,24962.363.54$4,425
Mar 202501,20767.704.27$5,152
Feb 202501,01470.884.34$4,402
Jan 202501,11774.324.28$4,779
Dec 202401,29868.993.12$4,052
Nov 202401,17469.052.20$2,581
Oct 202401,18171.372.28$2,694
Sep 202451,16569.612.36$3,103
Aug 202421,11475.632.06$2,450
Jul 202431,27979.932.15$2,985
Jun 202421,18578.082.63$3,277
May 202431,24078.812.20$2,963
Apr 202421,13084.451.66$2,044
Mar 202441,29080.301.55$2,314
Feb 2024496176.091.78$2,018
Jan 202421,10173.023.30$3,777
Dec 202301,20671.262.61$3,149
Nov 202301,14177.892.81$3,203
Oct 202301,19185.443.09$3,677
Sep 202301,06389.042.74$2,907
Aug 202301,12880.522.67$3,015
Jul 202301,16574.852.64$3,078
Jun 2023098768.962.26$2,229
May 202301,17170.622.23$2,608
Apr 202301,55678.122.24$3,482
Mar 202301,71772.852.39$4,109
Feb 202301,38775.112.47$3,420
Jan 202301,67476.533.39$5,671
Dec 202201,49176.415.73$8,542
Nov 202201,64385.005.65$9,277
Oct 202202,12387.185.86$12,449
Sep 202202,06884.888.16$16,882
Aug 202202,12394.529.13$19,377
Jul 202202,217101.587.54$16,721
Jun 202201,809115.097.98$14,431
May 202201,473109.378.43$12,422
Apr 202201,390104.226.84$9,504
Mar 202201,469108.885.08$7,457
Feb 2022097591.054.86$4,737
Jan 202201,32981.844.54$6,031
Dec 202101,31071.323.90$5,108
Nov 202101,06877.435.24$5,593
Oct 202101,27679.795.71$7,291
Sep 202101,41569.865.35$7,572
Aug 202101,43966.024.22$6,073
Jul 202101,37870.783.98$5,487
Jun 202101,33669.493.38$4,517
May 202102,42063.483.02$7,303
Apr 202102,88360.362.76$7,953
Mar 202102,93361.302.72$7,969
Feb 202101,93557.805.55$10,735
Jan 202102,76250.412.81$7,762
Dec 202002,53144.642.68$6,772
Nov 202002,74538.772.71$7,430
Oct 202002,63536.972.48$6,531
Sep 20201272,50837.091.99$9,704
Aug 202001,63439.982.39$3,897
Jul 202001,57038.371.83$2,865
Jun 202001,62734.901.69$2,750
May 202001,72416.921.81$3,129
Apr 202001,60114.751.80$2,889
Mar 202001,69830.341.86$3,152
Feb 202001,64249.881.98$3,252
Jan 202001,69157.252.09$3,542
Dec 201901,68459.012.30$3,881
Nov 201901,63655.302.75$4,500
Oct 201901,73453.472.42$4,194
Sep 201901,63455.052.66$4,342
Aug 201901,84253.112.30$4,245
Jul 201901,73956.272.46$4,278
Jun 201901,74252.782.49$4,340
May 201901,75858.482.74$4,817
Apr 201901,76462.632.75$4,852
Mar 201901,56256.803.06$4,783
Feb 201901,68450.852.79$4,702
Jan 201902,53446.033.23$8,180
Dec 201803,10146.594.19$12,979
Nov 201803,14952.934.24$13,343
Oct 201802,85661.443.40$9,705
Sep 201801,92659.543.11$5,986
Aug 201801,92559.403.07$5,903
Jul 201801,89465.142.93$5,553
Jun 201801,94960.183.08$5,997
May 201801,91165.382.90$5,543
Apr 201801,97663.842.90$5,732
Mar 201801,95261.222.79$5,440
Feb 201801,77261.782.77$4,902
Jan 201801,92362.874.01$7,710
Dec 201702,06957.272.92$6,045
Nov 201702,32455.423.12$7,247
Oct 201703,94849.292.98$11,780
Sep 201704,03047.523.09$12,442
Aug 201702,47145.373.00$7,424
Jul 201702,22543.873.09$6,869
Jun 201702,14542.493.09$6,622
May 201702,12845.373.26$6,945
Apr 201702,04047.933.21$6,552
Mar 201701,86846.772.98$5,574
Feb 201701,67250.452.95$4,937
Jan 201701,89049.413.42$6,462
Dec 201601,88048.763.72$6,999
Nov 201601,97442.492.64$5,220
Oct 201602,16746.193.09$6,697
Sep 201602,16441.553.10$6,710
Aug 201602,26041.442.92$6,609
Jul 201602,50041.622.92$7,311
Jun 201602,58145.352.69$6,932
May 201602,67442.521.99$5,324
Apr 201602,81136.561.99$5,597
Mar 201602,39733.011.79$4,300
Feb 201602,66626.472.06$5,502
Jan 201602,78427.352.36$6,582
Dec 201502,80232.362.00$5,608
Nov 201502,88038.792.17$6,242
Oct 201502,98843.552.43$7,251
Sep 201503,22542.992.76$8,896
Aug 201503,29140.162.87$9,453
Jul 201503,26848.152.95$9,625
Jun 201503,43556.152.88$9,903
May 201503,40155.212.96$10,051
Apr 201503,36049.822.71$9,094
Mar 201503,36242.892.93$9,867
Feb 201502,93844.662.98$8,744
Jan 201503,56943.433.10$11,066
Dec 201403,80254.693.59$13,654
Nov 201403,49270.464.25$14,847
Oct 201403,73478.303.90$14,566
Sep 201403,51686.164.05$14,224
Aug 201403,91389.394.04$15,789
Jul 201403,84596.564.18$16,071
Jun 201403,88398.164.74$18,393
May 201404,39294.734.73$20,759
Apr 201403,35695.944.81$16,139
Mar 201403,94295.895.06$19,934
Feb 201403,79097.406.19$23,468
Jan 201404,60990.404.86$22,403
Dec 201304,52891.824.35$19,717
Nov 201304,34488.853.74$16,239
Oct 201304,35397.423.78$16,452
Sep 201304,176104.113.72$15,525
Aug 201304,840104.253.52$17,049
Jul 201305,375102.523.72$19,983
Jun 201305,23194.403.93$20,576
May 201305,66794.834.15$23,513
Apr 201305,60293.964.28$23,991
Mar 201306,18593.623.91$24,201
Feb 201305,77591.233.42$19,750
Jan 201306,30991.603.42$21,576
Dec 201206,46386.773.42$22,104
Nov 201206,36786.953.62$23,080
Oct 201206,77589.383.40$23,033
Sep 201206,79194.672.92$19,819
Aug 201207,23792.662.91$21,046
Jul 201207,32885.133.02$22,136
Jun 201207,12279.822.52$17,941
May 201207,56991.612.49$18,834
Apr 201207,559101.652.00$15,094
Mar 201207,878105.052.22$17,506
Feb 201207,401101.102.57$19,022
Jan 201208,06698.092.73$22,053
Dec 201108,23696.873.24$26,683
Nov 201108,03895.723.31$26,616
Oct 201108,84384.983.65$32,264
Sep 201108,79383.623.99$35,047
Aug 20111769,11183.404.15$52,483
Jul 201109,41594.144.52$42,530
Jun 201109,22892.904.64$42,817
May 201109,63298.134.40$42,427
Apr 201109,482105.964.33$41,088
Mar 201109,92796.364.06$40,277
Feb 201109,33185.644.18$39,003
Jan 2011010,17386.504.59$46,682
Dec 2010010,59985.734.35$46,082
Nov 2010010,67980.843.80$40,530
Oct 2010011,47078.103.51$40,247
Sep 2010011,47072.633.98$45,645
Aug 2010012,18273.684.42$53,837
Jul 2010012,30972.554.74$58,301
Jun 201018212,26970.364.91$73,051
May 2010013,05671.124.24$55,295
Apr 201018313,04881.694.12$68,742
Mar 2010013,97378.394.39$61,323
Feb 2010013,08273.585.44$71,197
Jan 2010015,44574.365.96$92,115
Dec 2009016,06771.445.48$88,107
Nov 2009016,39374.593.75$61,498
Oct 2009017,88072.544.11$73,491
Sep 2009018,48065.543.06$56,637
Aug 2009020,66867.423.22$66,520
Jul 200918022,64461.133.46$89,454
Jun 2009024,47866.163.90$95,342
May 2009026,55554.743.93$104,248
Apr 2009017,57546.773.59$63,050
Mar 200918124,17442.144.06$105,750
Feb 2009022,91832.814.63$106,179
Jan 2009024,99235.865.37$134,232
Dec 2008025,72237.105.98$153,744
Nov 200818628,11655.496.86$203,207
Oct 2008032,63275.246.92$225,878
Sep 2008034,863101.767.88$274,619
Aug 2008043,048114.228.48$365,177
Jul 2008059,661131.0811.39$679,505
Jun 2008065,007131.3313.03$847,212
May 2008719,676123.1711.57$228,598

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                1,399 Mcf  × $  3.05 =     $4,261

────────────────────────────────────────────────────
Month total                                   $4,261

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/240507 is the state's own key, not one this site invented.