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 240670District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
May 2008 – May 2026
Value, last 12 filed months
$95 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 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 Gas112008-10-27186598
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
CondensateDisposition1,351 bbl$84,032
GasProduction1,851,272 Mcf$7,929,376
Total$8,013,408

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 31.4646, -96.2349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46456, -96.23493 · 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
14,450 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 14,450 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-16133630414,450 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 202601,780106.413.05$5,422
Apr 202611,85898.932.87$5,431
Mar 202611,86189.753.15$5,951
Feb 202611,49863.503.75$5,681
Jan 202602,04459.138.00$16,348
Dec 202522,34956.664.41$10,480
Nov 202512,17158.593.93$8,583
Oct 202562,22059.383.30$7,693
Sep 202542,12862.743.08$6,799
Aug 202532,30963.933.01$7,153
Jul 202502,41366.743.32$8,000
Jun 202502,50966.483.13$7,850
May 202512,51960.553.23$8,203
Apr 202532,43762.363.54$8,822
Mar 202552,04267.704.27$9,054
Feb 202502,45970.884.34$10,674
Jan 202512,77274.324.28$11,935
Dec 2024123,04968.993.12$10,345
Nov 202402,87569.052.20$6,321
Oct 202432,93271.372.28$6,903
Sep 2024266169.612.36$1,702
Aug 202402,17675.632.06$4,490
Jul 202432,48779.932.15$5,578
Jun 202462,66178.082.63$7,478
May 202452,81978.812.20$6,591
Apr 202462,91484.451.66$5,342
Mar 202403,05080.301.55$4,713
Feb 202402,69676.091.78$4,809
Jan 202422,88473.023.30$9,656
Dec 202312,83071.262.61$7,460
Nov 202322,74577.892.81$7,863
Oct 202322,91485.443.09$9,167
Sep 202372,10889.042.74$6,389
Aug 202353,12180.522.67$8,745
Jul 202332,33974.852.64$6,404
Jun 202382,76668.962.26$6,799
May 202362,31770.622.23$5,585
Apr 202372,78778.122.24$6,783
Mar 202372,61572.852.39$6,768
Feb 202342,45975.112.47$6,364
Jan 202352,85476.533.39$10,051
Dec 202272,83676.415.73$16,783
Nov 202272,69585.005.65$15,812
Oct 202253,11787.185.86$18,713
Sep 202242,95484.888.16$24,455
Aug 202273,16794.529.13$29,567
Jul 2022103,566101.587.54$27,911
Jun 2022123,676115.097.98$30,705
May 2022143,601109.378.43$31,899
Apr 202213,269104.226.84$22,456
Mar 202283,662108.885.08$19,461
Feb 202213,35591.054.86$16,392
Jan 202263,64981.844.54$17,049
Dec 202133,27671.323.90$12,987
Nov 202163,44677.435.24$18,511
Oct 2021173,59279.795.71$21,881
Sep 202143,44869.865.35$18,729
Aug 202153,26966.024.22$14,127
Jul 202153,36270.783.98$13,742
Jun 202173,26969.493.38$11,538
May 2021113,48863.483.02$11,224
Apr 202133,41460.362.76$9,598
Mar 2021103,58361.302.72$10,348
Feb 2021153,51357.805.55$20,357
Jan 202184,55750.412.81$13,210
Dec 202084,16444.642.68$11,498
Nov 202093,98838.772.71$11,143
Oct 202084,55836.972.48$11,592
Sep 2020104,22937.091.99$8,791
Aug 202044,78039.982.39$11,561
Jul 2020154,82038.371.83$9,373
Jun 2020154,80234.901.69$8,640
May 202014,97916.921.81$9,053
Apr 2020305,20914.751.80$9,842
Mar 2020485,38030.341.86$11,443
Feb 2020305,19849.881.98$11,792
Jan 202005,75157.252.09$12,047
Dec 201905,49459.012.30$12,660
Nov 201925,44455.302.75$15,085
Oct 201905,83253.472.42$14,105
Sep 201955,86355.052.66$15,855
Aug 201974,80453.112.30$11,442
Jul 201945,56656.272.46$13,918
Jun 201995,59952.782.49$14,423
May 2019105,81058.482.74$16,506
Apr 2019165,48462.632.75$16,087
Mar 2019206,01456.803.06$19,551
Feb 2019195,36050.852.79$15,932
Jan 2019525,76546.033.23$21,004
Dec 2018185,56846.594.19$24,143
Nov 2018115,49652.934.24$23,870
Oct 2018145,92961.443.40$21,007
Sep 2018125,81859.543.11$18,797
Aug 201885,93559.403.07$18,675
Jul 2018215,97365.142.93$18,880
Jun 2018165,87160.183.08$19,027
May 2018215,58265.382.90$17,565
Apr 201885,09863.842.90$15,299
Mar 2018205,31461.222.79$16,034
Feb 201895,32061.782.77$15,272
Jan 2018125,98062.874.01$24,730
Dec 2017195,99457.272.92$18,600
Nov 201795,83055.423.12$18,679
Oct 2017185,99949.292.98$18,786
Sep 2017125,47847.523.09$17,482
Aug 2017176,17545.373.00$19,323
Jul 2017176,16943.873.09$19,791
Jun 2017215,83742.493.09$18,913
May 2017226,05145.373.26$20,745
Apr 2017245,95847.933.21$20,285
Mar 2017175,99146.772.98$18,670
Feb 2017255,68150.452.95$18,035
Jan 2017116,03349.413.42$21,169
Dec 2016116,25548.763.72$23,823
Nov 201606,27742.492.64$16,599
Oct 201606,41546.193.09$19,824
Sep 201606,39341.553.10$19,822
Aug 201606,83141.442.92$19,976
Jul 201607,15941.622.92$20,935
Jun 201606,68445.352.69$17,952
May 201606,87642.521.99$13,690
Apr 201606,83436.561.99$13,607
Mar 201606,54233.011.79$11,736
Feb 201606,14326.472.06$12,677
Jan 201606,88327.352.36$16,274
Dec 201506,85632.362.00$13,722
Nov 201506,77838.792.17$14,690
Oct 201507,17143.552.43$17,401
Sep 2015636,96942.992.76$21,932
Aug 201507,35540.162.87$21,127
Jul 201507,51848.152.95$22,141
Jun 201507,35156.152.88$21,192
May 201507,17055.212.96$21,191
Apr 201507,28749.822.71$19,723
Mar 201507,62442.892.93$22,374
Feb 201506,95344.662.98$20,693
Jan 201507,90743.433.10$24,517
Dec 201408,00554.693.59$28,749
Nov 201407,47970.464.25$31,800
Oct 201408,06578.303.90$31,461
Sep 201407,90286.164.05$31,967
Aug 201408,38789.394.04$33,843
Jul 201408,48796.564.18$35,472
Jun 201408,39398.164.74$39,757
May 201408,75694.734.73$41,386
Apr 201408,28195.944.81$39,824
Mar 201408,81295.895.06$44,561
Feb 201407,87197.406.19$48,737
Jan 201408,93490.404.86$43,426
Dec 201308,92191.824.35$38,846
Nov 201308,89888.853.74$33,263
Oct 201309,36997.423.78$35,409
Sep 201309,259104.113.72$34,423
Aug 201309,703104.253.52$34,180
Jul 201309,899102.523.72$36,802
Jun 201309,62294.403.93$37,847
May 2013010,16294.834.15$42,163
Apr 201309,97593.964.28$42,719
Mar 2013010,54393.623.91$41,253
Feb 201309,81791.233.42$33,573
Jan 201307,02091.603.42$24,008
Dec 201208,45386.773.42$28,911
Nov 2012010,62386.953.62$38,508
Oct 2012011,02189.383.40$37,468
Sep 2012011,19694.672.92$32,674
Aug 2012011,61592.662.91$33,778
Jul 2012012,24385.133.02$36,984
Jun 2012011,18779.822.52$28,181
May 2012012,69891.612.49$31,597
Apr 2012012,546101.652.00$25,052
Mar 2012013,302105.052.22$29,558
Feb 2012012,845101.102.57$33,015
Jan 2012013,82798.092.73$37,804
Dec 2011014,25796.873.24$46,189
Nov 2011113,46095.723.31$44,666
Oct 2011014,55184.983.65$53,090
Sep 2011013,13083.623.99$52,334
Aug 2011012,56783.404.15$52,145
Jul 201118312,19494.144.52$72,311
Jun 2011410,20492.904.64$47,717
May 201101,32798.134.40$5,845
Apr 201104,418105.964.33$19,144
Mar 201106,00396.364.06$24,356
Feb 201106,37985.644.18$26,664
Jan 201114,77086.504.59$21,975
Dec 201005,48085.734.35$23,826
Nov 201005,05580.843.80$19,185
Oct 201006,53478.103.51$22,927
Sep 201009,69172.633.98$38,565
Aug 2010012,81073.684.42$56,612
Jul 2010010,80972.554.74$51,197
Jun 2010015,57570.364.91$76,479
May 2010019,27171.124.24$81,617
Apr 2010019,74281.694.12$81,390
Mar 2010220,86978.394.39$91,744
Feb 2010519,61473.585.44$107,114
Jan 2010622,89574.365.96$136,994
Dec 2009019,73871.445.48$108,238
Nov 2009022,24274.593.75$83,441
Oct 2009029,75672.544.11$122,305
Sep 2009031,45765.543.06$96,408
Aug 2009034,96767.423.22$112,541
Jul 2009138,75561.133.46$134,328
Jun 2009243,62966.163.90$170,067
May 2009033,16954.743.93$130,213
Apr 2009413,99346.773.59$50,387
Mar 2009424,53442.144.06$99,752
Feb 2009530,24132.814.63$140,271
Jan 20092145,95635.865.37$247,583
Dec 2008059,41837.105.98$355,150
Nov 2008868,11555.496.86$467,737
Oct 2008107,42475.246.92$52,141
Sep 20080167101.767.88$1,315
Aug 2008522,936114.228.48$195,138
Jul 2008439,388131.0811.39$449,131
Jun 2008636,646131.3313.03$478,382
May 20080624123.1711.57$7,222

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                1,780 Mcf  × $  3.05 =     $5,422

────────────────────────────────────────────────────
Month total                                   $5,422

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/240670 is the state's own key, not one this site invented.