LYONS GAS UNIT NO. 1

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

Gas lease lease 240575District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
May 2008 – May 2026
Value, last 12 filed months
$68 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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112008-10-27186600
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
CondensateDisposition2,126 bbl$152,850
GasProduction1,426,816 Mcf$7,335,433
Total$7,488,283

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 31.4599, -96.2989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45995, -96.29886 · 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
12,600 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 12,600 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-293319051912,600 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 202601,459106.413.05$4,444
Apr 202601,52898.932.87$4,385
Mar 202601,51489.753.15$4,768
Feb 202601,35863.503.75$5,093
Jan 202601,44259.138.00$11,533
Dec 202501,60956.664.41$7,101
Nov 202501,45758.593.93$5,721
Oct 202501,61859.383.30$5,347
Sep 202501,50362.743.08$4,625
Aug 202501,67663.933.01$5,053
Jul 202501,57266.743.32$5,211
Jun 202501,42166.483.13$4,446
May 202501,74460.553.23$5,637
Apr 202501,52462.363.54$5,400
Mar 202501,70267.704.27$7,265
Feb 202501,45670.884.34$6,320
Jan 202501,60374.324.28$6,859
Dec 202401,63368.993.12$5,097
Nov 202401,56169.052.20$3,432
Oct 202401,60271.372.28$3,655
Sep 202401,62869.612.36$3,849
Aug 202401,54175.632.06$3,180
Jul 202401,58679.932.15$3,404
Jun 202401,37378.082.63$3,616
May 202401,45678.812.20$3,201
Apr 202401,39184.451.66$2,308
Mar 202401,48780.301.55$2,298
Feb 202401,35776.091.78$2,420
Jan 202401,55373.023.30$5,121
Dec 202301,48771.262.61$3,882
Nov 202301,43177.892.81$4,018
Oct 202301,54185.443.09$4,758
Sep 202301,44589.042.74$3,952
Aug 202301,55880.522.67$4,164
Jul 20231231,58374.852.64$13,389
Jun 202301,47868.962.26$3,338
May 202301,70770.622.23$3,802
Apr 202301,59778.122.24$3,574
Mar 202301,72972.852.39$4,138
Feb 202301,73275.112.47$4,271
Jan 202301,79776.533.39$6,088
Dec 202201,63276.415.73$9,350
Nov 2022077085.005.65$4,348
Oct 2022081187.185.86$4,756
Sep 2022068084.888.16$5,551
Aug 2022080394.529.13$7,329
Jul 20220854101.587.54$6,441
Jun 20220769115.097.98$6,134
May 20220823109.378.43$6,940
Apr 20220754104.226.84$5,156
Mar 202201,087108.885.08$5,518
Feb 2022082391.054.86$3,999
Jan 2022062481.844.54$2,832
Dec 202101,12571.323.90$4,387
Nov 202101,20177.435.24$6,289
Oct 202101,21579.795.71$6,942
Sep 202101,20269.865.35$6,432
Aug 202101,25266.024.22$5,284
Jul 202101,40270.783.98$5,583
Jun 202101,35369.493.38$4,574
May 202101,70063.483.02$5,130
Apr 202101,82360.362.76$5,029
Mar 202101,66661.302.72$4,526
Feb 202101,45257.805.55$8,056
Jan 202101,08150.412.81$3,038
Dec 202001,49444.642.68$3,997
Nov 202002,11538.772.71$5,724
Oct 202002,13036.972.48$5,279
Sep 202001,61837.091.99$3,222
Aug 202002,43739.982.39$5,812
Jul 202002,56438.371.83$4,680
Jun 202002,45934.901.69$4,156
May 202002,48516.921.81$4,510
Apr 202002,26814.751.80$4,092
Mar 202002,46730.341.86$4,579
Feb 202001,88849.881.98$3,740
Jan 202002,07657.252.09$4,349
Dec 201902,16259.012.30$4,982
Nov 201901,66755.302.75$4,585
Oct 201901,73653.472.42$4,199
Sep 201902,47855.052.66$6,585
Aug 201902,83153.112.30$6,524
Jul 20191412,97656.272.46$15,255
Jun 201902,66052.782.49$6,627
May 201902,93758.482.74$8,048
Apr 201902,58662.632.75$7,113
Mar 201902,42656.803.06$7,429
Feb 201902,26950.852.79$6,336
Jan 201902,32946.033.23$7,518
Dec 201802,34646.594.19$9,819
Nov 201802,32152.934.24$9,835
Oct 201802,60961.443.40$8,866
Sep 201802,83859.543.11$8,821
Aug 201803,12459.403.07$9,580
Jul 201802,90565.142.93$8,517
Jun 201802,78860.183.08$8,578
May 20181872,95165.382.90$20,786
Apr 201802,49263.842.90$7,229
Mar 201802,63861.222.79$7,352
Feb 201802,06961.782.77$5,723
Jan 201802,00962.874.01$8,055
Dec 201702,18357.272.92$6,378
Nov 201703,19255.423.12$9,954
Oct 201703,47849.292.98$10,377
Sep 201703,49747.523.09$10,796
Aug 201703,23245.373.00$9,710
Jul 201702,89043.873.09$8,922
Jun 201702,48542.493.09$7,672
May 201702,65245.373.26$8,655
Apr 201702,60047.933.21$8,350
Mar 201702,83746.772.98$8,465
Feb 201702,51950.452.95$7,438
Jan 201702,75349.413.42$9,412
Dec 201603,09848.763.72$11,533
Nov 201603,42242.492.64$9,049
Oct 201603,60946.193.09$11,153
Sep 201603,48841.553.10$10,815
Aug 201603,81841.442.92$11,165
Jul 201603,47541.622.92$10,162
Jun 201603,45745.352.69$9,285
May 201603,55042.521.99$7,068
Apr 201603,43636.561.99$6,841
Mar 201603,51733.011.79$6,310
Feb 201603,31626.472.06$6,843
Jan 201603,42727.352.36$8,103
Dec 201503,45832.362.00$6,921
Nov 201503,84838.792.17$8,340
Oct 201504,10343.552.43$9,956
Sep 201503,49042.992.76$9,627
Aug 201503,71240.162.87$10,663
Jul 201503,59648.152.95$10,591
Jun 201503,81556.152.88$10,998
May 201504,68955.212.96$13,858
Apr 201504,32949.822.71$11,717
Mar 201504,25042.892.93$12,473
Feb 201503,81444.662.98$11,351
Jan 201504,23243.433.10$13,122
Dec 201404,13854.693.59$14,861
Nov 201404,48570.464.25$19,070
Oct 20141754,74678.303.90$32,216
Sep 201404,10786.164.05$16,615
Aug 201403,95689.394.04$15,963
Jul 201403,83496.564.18$16,025
Jun 201404,15398.164.74$19,672
May 201404,39594.734.73$20,773
Apr 201404,18695.944.81$20,131
Mar 201404,51595.895.06$22,831
Feb 201404,27797.406.19$26,483
Jan 201404,53090.404.86$22,019
Dec 201304,77091.824.35$20,771
Nov 201304,34588.853.74$16,243
Oct 201304,75197.423.78$17,956
Sep 201304,631104.113.72$17,217
Aug 201304,925104.253.52$17,349
Jul 201304,730102.523.72$17,585
Jun 201305,12294.403.93$20,147
May 201305,37694.834.15$22,305
Apr 201305,13393.964.28$21,983
Mar 201304,95093.623.91$19,369
Feb 201303,72091.233.42$12,722
Jan 201305,86091.603.42$20,041
Dec 201206,14986.773.42$21,031
Nov 201205,12286.953.62$18,567
Oct 201205,66589.383.40$19,259
Sep 201206,52494.672.92$19,040
Aug 201206,16592.662.91$17,929
Jul 201205,97685.133.02$18,052
Jun 201206,23379.822.52$15,701
May 201207,38391.612.49$18,371
Apr 201208,464101.652.00$16,901
Mar 201208,197105.052.22$18,214
Feb 201207,469101.102.57$19,197
Jan 201208,21098.092.73$22,447
Dec 201109,71496.873.24$31,471
Nov 201108,50495.723.31$28,159
Oct 2011010,41584.983.65$38,000
Sep 201109,01983.623.99$35,948
Aug 2011012,42883.404.15$51,568
Jul 2011013,06694.144.52$59,022
Jun 201118011,20392.904.64$68,703
May 201109,04998.134.40$39,859
Apr 20111814,431105.964.33$38,380
Mar 201107,64996.364.06$31,035
Feb 201106,94785.644.18$29,038
Jan 201107,84886.504.59$36,013
Dec 201007,46485.734.35$32,452
Nov 201008,46480.843.80$32,124
Oct 2010011,70178.103.51$41,058
Sep 2010011,99272.633.98$47,722
Aug 2010013,16973.684.42$58,199
Jul 2010014,13572.554.74$66,950
Jun 2010014,61770.364.91$71,775
May 2010016,12971.124.24$68,310
Apr 2010016,55881.694.12$68,264
Mar 2010018,24378.394.39$80,063
Feb 2010116,62773.585.44$90,564
Jan 2010320,05074.365.96$119,803
Dec 2009021,68071.445.48$118,888
Nov 200918823,14474.593.75$100,848
Oct 2009027,20072.544.11$111,799
Sep 200919127,22365.543.06$95,950
Aug 2009021,68867.423.22$69,803
Jul 2009024,02561.133.46$83,235
Jun 2009025,69966.163.90$100,098
May 2009029,99554.743.93$117,753
Apr 20091936,61346.773.59$132,238
Mar 200919,50642.144.06$38,627
Feb 200918013,21932.814.63$67,149
Jan 200917922,65835.865.37$128,115
Dec 2008027,94037.105.98$167,001
Nov 2008033,83355.496.86$232,107
Oct 200818448,74875.246.92$351,277
Sep 200818149,675101.767.88$409,713
Aug 2008278,510114.228.48$666,230
Jul 2008492,488131.0811.39$1,053,910
Jun 2008441,004131.3313.03$534,915
May 200821,598123.1711.57$18,742

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                1,459 Mcf  × $  3.05 =     $4,444

────────────────────────────────────────────────────
Month total                                   $4,444

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/240575 is the state's own key, not one this site invented.