PERLITZ 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 240673District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$165 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 Gas112009-01-29188887
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
CondensateDisposition70 bbl$5,649
GasProduction1,777,514 Mcf$7,774,315
Total$7,779,964

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 31.4357, -96.2906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43568, -96.29063 · 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
14,025 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 14,025 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-293320691414,025 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 202614,282106.413.05$13,149
Apr 202603,19398.932.87$9,163
Mar 202603,40489.753.15$10,721
Feb 202603,09863.503.75$11,618
Jan 202613,77059.138.00$30,211
Dec 202504,33456.664.41$19,128
Nov 202533,59858.593.93$14,303
Oct 202513,52959.383.30$11,722
Sep 202503,52462.743.08$10,843
Aug 202513,72863.933.01$11,303
Jul 202503,51266.743.32$11,643
Jun 202503,60366.483.13$11,273
May 202515,12860.553.23$16,636
Apr 202503,49862.363.54$12,394
Mar 202503,35367.704.27$14,312
Feb 202503,68270.884.34$15,983
Jan 202504,10074.324.28$17,543
Dec 202403,40368.993.12$10,622
Nov 202403,56269.052.20$7,831
Oct 202403,69171.372.28$8,421
Sep 202403,36869.612.36$7,963
Aug 202403,42275.632.06$7,062
Jul 202414,24979.932.15$9,201
Jun 202414,06778.082.63$10,790
May 202413,74678.812.20$8,314
Apr 202435,59184.451.66$9,530
Mar 202424,67480.301.55$7,383
Feb 202403,48776.091.78$6,220
Jan 202404,67273.023.30$15,407
Dec 202303,50071.262.61$9,138
Nov 202303,65077.892.81$10,248
Oct 202303,80485.443.09$11,744
Sep 202303,83789.042.74$10,494
Aug 202304,04080.522.67$10,798
Jul 202304,07974.852.64$10,776
Jun 202305,00168.962.26$11,295
May 202303,66570.622.23$8,163
Apr 202304,65778.122.24$10,421
Mar 202303,96072.852.39$9,477
Feb 202303,01875.112.47$7,441
Jan 202303,53776.533.39$11,982
Dec 202203,38876.415.73$19,410
Nov 202203,85985.005.65$21,789
Oct 202204,01587.185.86$23,543
Sep 202203,41084.888.16$27,838
Aug 202204,39394.529.13$40,096
Jul 202203,889101.587.54$29,331
Jun 202203,298115.097.98$26,309
May 202203,966109.378.43$33,445
Apr 202203,953104.226.84$27,029
Mar 202204,633108.885.08$23,519
Feb 202204,76691.054.86$23,157
Jan 202204,43681.844.54$20,129
Dec 202104,86471.323.90$18,965
Nov 202104,34077.435.24$22,728
Oct 202105,29679.795.71$30,261
Sep 202104,55969.865.35$24,395
Aug 202103,72966.024.22$15,739
Jul 202103,40970.783.98$13,575
Jun 202104,72269.493.38$15,963
May 202105,28163.483.02$15,936
Apr 202104,92460.362.76$13,582
Mar 202105,39061.302.72$14,644
Feb 202104,08857.805.55$22,680
Jan 202103,69050.412.81$10,370
Dec 202003,50844.642.68$9,386
Nov 202003,42438.772.71$9,267
Oct 202004,86636.972.48$12,060
Sep 202003,48237.091.99$6,933
Aug 202004,18839.982.39$9,989
Jul 202007,75338.371.83$14,150
Jun 20200034.901.69$0
May 202002,78816.921.81$5,060
Apr 202003,27214.751.80$5,904
Mar 202003,49330.341.86$6,484
Feb 202003,06549.881.98$6,071
Jan 202003,66157.252.09$7,669
Dec 201905,04459.012.30$11,623
Nov 201905,07655.302.75$13,963
Oct 201903,57453.472.42$8,644
Sep 201903,74755.052.66$9,957
Aug 201905,08653.112.30$11,720
Jul 201905,24856.272.46$12,910
Jun 201906,33252.782.49$15,774
May 201903,98658.482.74$10,923
Apr 201904,42462.632.75$12,169
Mar 201907,35656.803.06$22,525
Feb 201903,05350.852.79$8,525
Jan 201904,15446.033.23$13,410
Dec 201804,10046.594.19$17,160
Nov 201804,89552.934.24$20,741
Oct 201804,31961.443.40$14,676
Sep 201804,38359.543.11$13,622
Aug 201804,60359.403.07$14,115
Jul 201805,76865.142.93$16,911
Jun 201804,10560.183.08$12,631
May 201805,65865.382.90$16,413
Apr 201805,44363.842.90$15,789
Mar 201804,20061.222.79$11,705
Feb 201804,78061.782.77$13,222
Jan 201804,95562.874.01$19,866
Dec 201704,48257.272.92$13,094
Nov 201704,97055.423.12$15,498
Oct 201705,95749.292.98$17,774
Sep 201705,08247.523.09$15,690
Aug 201704,86045.373.00$14,601
Jul 201705,48843.873.09$16,943
Jun 201705,96742.493.09$18,422
May 201705,60145.373.26$18,278
Apr 201705,80247.933.21$18,634
Mar 201705,90246.772.98$17,610
Feb 201705,58250.452.95$16,481
Jan 201706,29049.413.42$21,504
Dec 201605,66648.763.72$21,094
Nov 201605,78842.492.64$15,306
Oct 201605,93246.193.09$18,331
Sep 201606,11541.553.10$18,960
Aug 201606,04841.442.92$17,686
Jul 201606,47641.622.92$18,938
Jun 201606,33045.352.69$17,001
May 201605,53042.521.99$11,010
Apr 201606,21736.561.99$12,378
Mar 201606,38133.011.79$11,448
Feb 201606,28826.472.06$12,976
Jan 201606,64727.352.36$15,716
Dec 201506,43532.362.00$12,879
Nov 201506,33038.792.17$13,719
Oct 201506,72243.552.43$16,311
Sep 201506,61142.992.76$18,236
Aug 201506,96040.162.87$19,993
Jul 201506,84648.152.95$20,162
Jun 201506,77856.152.88$19,540
May 201506,54655.212.96$19,346
Apr 201506,79549.822.71$18,391
Mar 201507,13542.892.93$20,939
Feb 201506,44944.662.98$19,193
Jan 201507,13143.433.10$22,111
Dec 201407,39654.693.59$26,562
Nov 201407,18170.464.25$30,532
Oct 201407,46478.303.90$29,117
Sep 201407,47886.164.05$30,252
Aug 201407,70289.394.04$31,078
Jul 201407,81996.564.18$32,680
Jun 201407,56298.164.74$35,820
May 201408,03094.734.73$37,954
Apr 201407,85395.944.81$37,766
Mar 201408,12695.895.06$41,092
Feb 201407,51697.406.19$46,539
Jan 201408,20190.404.86$39,863
Dec 201308,47491.824.35$36,900
Nov 201308,36888.853.74$31,282
Oct 201308,91697.423.78$33,697
Sep 201308,337104.113.72$30,995
Aug 201308,983104.253.52$31,644
Jul 201309,115102.523.72$33,887
Jun 201309,03994.403.93$35,554
May 201309,52194.834.15$39,503
Apr 201309,39693.964.28$40,239
Mar 201309,55093.623.91$37,368
Feb 201308,96091.233.42$30,642
Jan 2013010,16791.603.42$34,770
Dec 2012010,37986.773.42$35,498
Nov 201209,86086.953.62$35,742
Oct 201209,37189.383.40$31,858
Sep 201209,25994.672.92$27,021
Aug 201209,74692.662.91$28,343
Jul 2012010,04685.133.02$30,347
Jun 201209,92979.822.52$25,012
May 2012010,03791.612.49$24,975
Apr 2012010,330101.652.00$20,627
Mar 2012111,039105.052.22$24,635
Feb 2012010,692101.102.57$27,481
Jan 2012011,58098.092.73$31,661
Dec 2011012,16596.873.24$39,411
Nov 2011012,38795.723.31$41,017
Oct 2011013,60184.983.65$49,624
Sep 2011014,32383.623.99$57,089
Aug 2011017,42983.404.15$72,319
Jul 201103,23994.144.52$14,631
Jun 201108,89492.904.64$41,267
May 201108,68198.134.40$38,238
Apr 2011010,143105.964.33$43,952
Mar 2011010,32196.364.06$41,876
Feb 2011010,81985.644.18$45,223
Jan 201108,78586.504.59$40,312
Dec 201009,59385.734.35$41,708
Nov 2010012,24680.843.80$46,478
Oct 2010011,46678.103.51$40,233
Sep 2010012,54372.633.98$49,914
Aug 2010013,26973.684.42$58,640
Jul 2010014,60572.554.74$69,176
Jun 201009,89470.364.91$48,584
May 2010013,43371.124.24$56,892
Apr 2010013,63481.694.12$56,209
Mar 2010014,45578.394.39$63,438
Feb 2010013,79773.585.44$75,088
Jan 2010216,16774.365.96$96,570
Dec 2009015,64571.445.48$85,793
Nov 2009016,81874.593.75$63,093
Oct 2009018,18972.544.11$74,761
Sep 2009018,55065.543.06$56,851
Aug 2009020,52367.423.22$66,053
Jul 2009022,05161.133.46$76,396
Jun 2009023,76566.163.90$92,565
May 2009028,57254.743.93$112,167
Apr 2009720,28746.773.59$73,107
Mar 20091321,62942.144.06$88,340
Feb 2009217,23832.814.63$79,929
Jan 2009432,33135.865.37$173,793
Dec 2008029,90437.105.98$178,740
Nov 2008035,49455.496.86$243,502
Oct 2008041,63375.246.92$288,183
Sep 2008245,727101.767.88$360,399
Aug 2008565,449114.228.48$555,776
Jul 20081452,210131.0811.39$596,477
Jun 200843,946131.3313.03$51,952

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             1 bbl  × $106.41 =       $106
Gas                4,282 Mcf  × $  3.05 =    $13,042

────────────────────────────────────────────────────
Month total                                  $13,149

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/240673 is the state's own key, not one this site invented.