PHILLIPS "A" #1 GAS UNIT

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 240672District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jun 2008 – May 2026
Value, last 12 filed months
$114 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 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 Gas112009-01-29188898
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
CondensateDisposition1,338 bbl$81,554
GasProduction1,178,564 Mcf$5,381,372
Total$5,462,926

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 31.4245, -96.2896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42455, -96.28964 · 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
14,090 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 14,090 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-293320171114,090 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 202601,915106.413.05$5,833
Apr 202601,68398.932.87$4,830
Mar 202602,51389.753.15$7,915
Feb 202611,93763.503.75$7,328
Jan 202602,01259.138.00$16,092
Dec 202502,61656.664.41$11,545
Nov 202522,67858.593.93$10,632
Oct 202513,49159.383.30$11,597
Sep 202501,90162.743.08$5,849
Aug 202502,86863.933.01$8,646
Jul 202503,88766.743.32$12,886
Jun 202503,39766.483.13$10,628
May 202508,08660.553.23$26,137
Apr 2025069862.363.54$2,473
Mar 2025074267.704.27$3,167
Feb 2025071370.884.34$3,095
Jan 2025075474.324.28$3,226
Dec 2024073268.993.12$2,285
Nov 2024071869.052.20$1,578
Oct 2024072571.372.28$1,654
Sep 2024071369.612.36$1,686
Aug 2024073975.632.06$1,525
Jul 2024069279.932.15$1,485
Jun 2024077778.082.63$2,047
May 2024076678.812.20$1,684
Apr 2024080384.451.66$1,332
Mar 2024085080.301.55$1,313
Feb 2024092176.091.78$1,643
Jan 202401,26673.023.30$4,175
Dec 2023097871.262.61$2,553
Nov 2023096477.892.81$2,706
Oct 202301,10985.443.09$3,424
Sep 202301,22689.042.74$3,353
Aug 202301,13380.522.67$3,028
Jul 202301,12774.852.64$2,977
Jun 202301,15068.962.26$2,597
May 202301,21370.622.23$2,702
Apr 202301,03778.122.24$2,321
Mar 202303,85672.852.39$9,228
Feb 202302,16275.112.47$5,331
Jan 202301,69376.533.39$5,735
Dec 202201,78676.415.73$10,232
Nov 202201,07085.005.65$6,041
Oct 202201,01287.185.86$5,934
Sep 202201,00484.888.16$8,196
Aug 202201,22794.529.13$11,199
Jul 20220756101.587.54$5,702
Jun 20220954115.097.98$7,610
May 202201,436109.378.43$12,110
Apr 202201,831104.226.84$12,520
Mar 202202,294108.885.08$11,645
Feb 202202,31991.054.86$11,268
Jan 202202,40781.844.54$10,922
Dec 202103,69971.323.90$14,423
Nov 202101,74977.435.24$9,159
Oct 202101,03379.795.71$5,902
Sep 202102,34069.865.35$12,521
Aug 202102,23066.024.22$9,412
Jul 202102,61670.783.98$10,417
Jun 202102,51469.493.38$8,499
May 202102,47763.483.02$7,475
Apr 202102,19760.362.76$6,060
Mar 202102,89061.302.72$7,852
Feb 202101,50857.805.55$8,366
Jan 202105,31550.412.81$14,937
Dec 2020069244.642.68$1,851
Nov 202001,39738.772.71$3,781
Oct 202001,54036.972.48$3,817
Sep 202001,59537.091.99$3,176
Aug 20201761,59239.982.39$10,834
Jul 202002,11038.371.83$3,851
Jun 202002,56334.901.69$4,332
May 202002,99716.921.81$5,439
Apr 202003,30714.751.80$5,967
Mar 202003,18830.341.86$5,918
Feb 202003,44249.881.98$6,817
Jan 202004,92057.252.09$10,306
Dec 201905,82159.012.30$13,414
Nov 201904,08455.302.75$11,234
Oct 201904,08053.472.42$9,868
Sep 201901,31955.052.66$3,505
Aug 201901,46153.112.30$3,367
Jul 201902,66256.272.46$6,549
Jun 201902,93052.782.49$7,299
May 201902,81958.482.74$7,725
Apr 201902,71062.632.75$7,454
Mar 201902,86856.803.06$8,782
Feb 201902,64250.852.79$7,377
Jan 201902,73546.033.23$8,829
Dec 201802,66546.594.19$11,154
Nov 201802,21852.934.24$9,398
Oct 201802,62861.443.40$8,930
Sep 201804,60159.543.11$14,300
Aug 201802,35859.403.07$7,231
Jul 201802,02065.142.93$5,922
Jun 201801,76360.183.08$5,425
May 201801,84165.382.90$5,340
Apr 201801,78063.842.90$5,163
Mar 201801,77161.222.79$4,935
Feb 201801,57061.782.77$4,343
Jan 201801,85562.874.01$7,437
Dec 201701,65457.272.92$4,832
Nov 201701,81055.423.12$5,644
Oct 201701,81449.292.98$5,412
Sep 201701,90447.523.09$5,878
Aug 201702,05545.373.00$6,174
Jul 201702,18143.873.09$6,733
Jun 201702,75342.493.09$8,499
May 201703,35245.373.26$10,939
Apr 201703,29247.933.21$10,573
Mar 201703,37846.772.98$10,079
Feb 201702,99150.452.95$8,831
Jan 201703,80949.413.42$13,022
Dec 201603,54248.763.72$13,186
Nov 201603,82042.492.64$10,101
Oct 201603,48546.193.09$10,770
Sep 201603,70741.553.10$11,494
Aug 201603,88341.442.92$11,355
Jul 201603,55541.622.92$10,396
Jun 201603,33945.352.69$8,968
May 201603,88142.521.99$7,727
Apr 201603,76736.561.99$7,500
Mar 201603,88533.011.79$6,970
Feb 201603,61026.472.06$7,450
Jan 201603,76427.352.36$8,899
Dec 201503,99032.362.00$7,986
Nov 201503,86838.792.17$8,383
Oct 201503,86943.552.43$9,388
Sep 201503,75242.992.76$10,350
Aug 201503,91840.162.87$11,254
Jul 201504,08448.152.95$12,028
Jun 201504,02356.152.88$11,598
May 201504,22155.212.96$12,475
Apr 201504,09949.822.71$11,094
Mar 201504,22842.892.93$12,408
Feb 201503,84044.662.98$11,429
Jan 201504,20843.433.10$13,047
Dec 201404,24954.693.59$15,260
Nov 201404,23770.464.25$18,015
Oct 20141744,46878.303.90$31,054
Sep 201404,42786.164.05$17,909
Aug 201404,16189.394.04$16,790
Jul 201404,46396.564.18$18,654
Jun 201404,43998.164.74$21,027
May 201405,11294.734.73$24,162
Apr 201403,44395.944.81$16,558
Mar 201404,82795.895.06$24,409
Feb 201404,16197.406.19$25,765
Jan 201404,83690.404.86$23,506
Dec 201304,14991.824.35$18,067
Nov 201305,31488.853.74$19,865
Oct 201304,84197.423.78$18,296
Sep 201305,035104.113.72$18,719
Aug 201304,501104.253.52$15,855
Jul 201305,447102.523.72$20,251
Jun 201305,20394.403.93$20,466
May 201305,36294.834.15$22,247
Apr 201305,55593.964.28$23,790
Mar 201305,74293.623.91$22,468
Feb 201305,27991.233.42$18,054
Jan 201306,13891.603.42$20,991
Dec 201206,34086.773.42$21,684
Nov 201205,96086.953.62$21,605
Oct 201206,56889.383.40$22,329
Sep 201206,48294.672.92$18,917
Aug 201206,86792.662.91$19,970
Jul 201207,06085.133.02$21,327
Jun 201207,03979.822.52$17,732
May 201206,71391.612.49$16,704
Apr 20121866,827101.652.00$32,539
Mar 201207,042105.052.22$15,648
Feb 201206,850101.102.57$17,606
Jan 201207,32198.092.73$20,016
Dec 201107,44296.873.24$24,110
Nov 201107,50795.723.31$24,858
Oct 201107,72184.983.65$28,170
Sep 201107,97683.623.99$31,791
Aug 201108,61383.404.15$35,738
Jul 201108,97994.144.52$40,560
Jun 201108,78192.904.64$40,743
May 201109,48498.134.40$41,775
Apr 201109,007105.964.33$39,030
Mar 201108,68196.364.06$35,222
Feb 201107,56785.644.18$31,630
Jan 201109,30486.504.59$42,694
Dec 201009,38185.734.35$40,786
Nov 201009,57680.843.80$36,344
Oct 2010010,33678.103.51$36,268
Sep 20101858,79672.633.98$48,440
Aug 201009,73473.684.42$43,018
Jul 2010010,07572.554.74$47,720
Jun 2010010,01470.364.91$49,173
May 2010010,82171.124.24$45,829
Apr 2010011,06881.694.12$45,630
Mar 2010011,94178.394.39$52,405
Feb 201019,98973.585.44$54,437
Jan 2010313,11574.365.96$78,442
Dec 2009013,94971.445.48$76,493
Nov 2009014,18074.593.75$53,196
Oct 2009015,43872.544.11$63,454
Sep 2009015,85565.543.06$48,592
Aug 2009017,57667.423.22$56,568
Jul 2009018,94461.133.46$65,631
Jun 2009119,65066.163.90$76,603
May 2009021,76254.743.93$85,432
Apr 2009515,90746.773.59$57,300
Mar 20091017,24742.144.06$70,427
Feb 200918516,59932.814.63$82,973
Jan 200918919,87935.865.37$113,548
Dec 2008022,45237.105.98$134,199
Nov 200818624,71955.496.86$179,902
Oct 2008129,27275.246.92$202,695
Sep 2008133,042101.767.88$260,377
Aug 2008753,734114.228.48$456,626
Jul 20082048,910131.0811.39$559,679
Jun 200843,303131.3313.03$43,572

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                1,915 Mcf  × $  3.05 =     $5,833

────────────────────────────────────────────────────
Month total                                   $5,833

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/240672 is the state's own key, not one this site invented.