H. L. & P. GAS UNIT

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 241450District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Jun 2008 – May 2026
Value, last 12 filed months
$123 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 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 Gas112009-11-24195842
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
CondensateDisposition943 bbl$84,883
GasProduction2,708,450 Mcf$11,356,727
Total$11,441,610

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 31.4475, -96.2269. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44754, -96.22688 · 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
14,297 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 14,297 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-161339952214,297 ftNov 2012

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 202602,687106.413.05$8,184
Apr 202602,57498.932.87$7,387
Mar 202613,08889.753.15$9,815
Feb 202602,72563.503.75$10,220
Jan 202602,79559.138.00$22,354
Dec 202502,66856.664.41$11,775
Nov 202502,58258.593.93$10,138
Oct 202522,64759.383.30$8,867
Sep 202502,65162.743.08$8,157
Aug 202512,77463.933.01$8,427
Jul 202502,89966.743.32$9,611
Jun 202502,53066.483.13$7,916
May 202502,98460.553.23$9,645
Apr 202503,14062.363.54$11,125
Mar 202503,16167.704.27$13,492
Feb 202503,33070.884.34$14,455
Jan 202503,45774.324.28$14,791
Dec 202403,11268.993.12$9,714
Nov 202403,38069.052.20$7,431
Oct 202404,25971.372.28$9,716
Sep 202403,22869.612.36$7,632
Aug 202403,68775.632.06$7,609
Jul 202403,47579.932.15$7,459
Jun 202402,77578.082.63$7,309
May 202402,83778.812.20$6,237
Apr 202403,07584.451.66$5,102
Mar 202402,25480.301.55$3,483
Feb 202402,62576.091.78$4,682
Jan 202402,69673.023.30$8,890
Dec 202302,70171.262.61$7,052
Nov 202302,54577.892.81$7,145
Oct 202303,02585.443.09$9,339
Sep 202302,77989.042.74$7,601
Aug 202302,85080.522.67$7,618
Jul 202302,78374.852.64$7,352
Jun 202302,84568.962.26$6,425
May 202302,95270.622.23$6,575
Apr 202302,78078.122.24$6,221
Mar 202302,57872.852.39$6,170
Feb 202302,90975.112.47$7,173
Jan 202302,84176.533.39$9,625
Dec 202203,17576.415.73$18,190
Nov 202203,39085.005.65$19,141
Oct 202204,07487.185.86$23,889
Sep 202204,15984.888.16$33,953
Aug 202204,16094.529.13$37,969
Jul 202204,052101.587.54$30,561
Jun 202203,370115.097.98$26,883
May 202203,895109.378.43$32,847
Apr 202203,061104.226.84$20,930
Mar 202202,789108.885.08$14,158
Feb 202202,62991.054.86$12,774
Jan 202203,43581.844.54$15,587
Dec 202103,98971.323.90$15,554
Nov 202104,18177.435.24$21,895
Oct 202103,66179.795.71$20,918
Sep 202104,10069.865.35$21,939
Aug 202104,41266.024.22$18,621
Jul 202104,01570.783.98$15,988
Jun 202103,78369.493.38$12,789
May 202104,22763.483.02$12,756
Apr 202103,93060.362.76$10,841
Mar 202103,85261.302.72$10,466
Feb 202102,79157.805.55$15,484
Jan 202103,57950.412.81$10,058
Dec 202003,51844.642.68$9,412
Nov 202003,37538.772.71$9,135
Oct 202003,29536.972.48$8,166
Sep 202003,32937.091.99$6,628
Aug 202003,21539.982.39$7,668
Jul 202003,96738.371.83$7,240
Jun 202003,55334.901.69$6,006
May 202003,95616.921.81$7,179
Apr 202005,18314.751.80$9,352
Mar 202005,81030.341.86$10,785
Feb 202004,75949.881.98$9,426
Jan 202004,83557.252.09$10,128
Dec 201905,15459.012.30$11,877
Nov 201905,25955.302.75$14,466
Oct 201905,43853.472.42$13,152
Sep 201905,52855.052.66$14,689
Aug 201905,37953.112.30$12,395
Jul 201905,81956.272.46$14,315
Jun 201905,57952.782.49$13,898
May 201905,62058.482.74$15,401
Apr 201905,63662.632.75$15,503
Mar 201905,95056.803.06$18,220
Feb 201904,92850.852.79$13,760
Jan 201905,90246.033.23$19,053
Dec 201805,95446.594.19$24,920
Nov 201805,88552.934.24$24,936
Oct 201804,33761.443.40$14,737
Sep 201804,68159.543.11$14,549
Aug 201805,04459.403.07$15,468
Jul 201804,95265.142.93$14,519
Jun 201804,66660.183.08$14,357
May 201805,50365.382.90$15,963
Apr 201805,55963.842.90$16,126
Mar 201805,52561.222.79$15,397
Feb 201805,30261.782.77$14,666
Jan 201807,57562.874.01$30,371
Dec 201708,19057.272.92$23,927
Nov 201706,88955.423.12$21,482
Oct 201707,63149.292.98$22,768
Sep 201706,19347.523.09$19,120
Aug 201705,15545.373.00$15,488
Jul 201706,57143.873.09$20,287
Jun 201707,49742.493.09$23,145
May 201708,76945.373.26$28,617
Apr 201707,51547.933.21$24,135
Mar 201708,00346.772.98$23,878
Feb 201707,96550.452.95$23,517
Jan 201708,36649.413.42$28,602
Dec 201607,78248.763.72$28,971
Nov 201609,09742.492.64$24,056
Oct 201609,58146.193.09$29,608
Sep 201609,73541.553.10$30,185
Aug 2016010,68841.442.92$31,255
Jul 2016010,34241.622.92$30,244
Jun 201609,46145.352.69$25,411
May 2016010,25542.521.99$20,418
Apr 2016010,08636.561.99$20,082
Mar 2016010,15133.011.79$18,211
Feb 201679,62726.472.06$20,052
Jan 2016010,77927.352.36$25,485
Dec 2015011,03332.362.00$22,082
Nov 2015010,70538.792.17$23,201
Oct 2015011,47743.552.43$27,850
Sep 2015010,94942.992.76$30,202
Aug 2015011,57640.162.87$33,252
Jul 20152911,57248.152.95$35,477
Jun 2015011,95056.152.88$34,450
May 20157412,23455.212.96$40,243
Apr 2015012,04649.822.71$32,603
Mar 2015012,82942.892.93$37,649
Feb 2015011,82144.662.98$35,182
Jan 2015012,98643.433.10$40,265
Dec 2014012,57354.693.59$45,154
Nov 2014011,77870.464.25$50,078
Oct 2014012,64278.303.90$49,316
Sep 2014013,15386.164.05$53,210
Aug 201418414,09089.394.04$73,303
Jul 2014014,71396.564.18$61,494
Jun 2014014,41298.164.74$68,268
May 2014015,04494.734.73$71,106
Apr 2014015,23895.944.81$73,281
Mar 2014015,81695.895.06$79,978
Feb 2014013,73697.406.19$85,053
Jan 2014015,57990.404.86$75,725
Dec 2013016,25591.824.35$70,782
Nov 2013018,65988.853.74$69,753
Oct 2013018,92097.423.78$71,505
Sep 2013020,144104.113.72$74,890
Aug 2013017,760104.253.52$62,562
Jul 201317718,960102.523.72$88,634
Jun 2013018,27194.403.93$71,867
May 2013018,37794.834.15$76,248
Apr 2013019,10393.964.28$81,810
Mar 2013021,40993.623.91$83,771
Feb 2013016,53591.233.42$56,548
Jan 2013021,06291.603.42$72,030
Dec 2012021,79386.773.42$74,536
Nov 2012020,86786.953.62$75,642
Oct 2012018,48789.383.40$62,850
Sep 2012019,89594.672.92$58,062
Aug 2012021,36692.662.91$62,136
Jul 2012022,56085.133.02$68,149
Jun 2012023,07279.822.52$58,119
May 201217824,11591.612.49$76,312
Apr 2012024,753101.652.00$49,427
Mar 2012026,732105.052.22$59,401
Feb 2012025,714101.102.57$66,091
Jan 2012029,12998.092.73$79,641
Dec 201119330,41896.873.24$117,242
Nov 2011031,08195.723.31$102,918
Oct 2011034,06884.983.65$124,298
Sep 2011035,86083.623.99$142,931
Aug 2011039,99183.404.15$165,935
Jul 2011042,65894.144.52$192,696
Jun 2011046,60492.904.64$216,237
May 2011055,14398.134.40$242,895
Apr 2011056,928105.964.33$246,685
Mar 20119762,19996.364.06$261,709
Feb 2011060,74985.644.18$253,930
Jan 2011059,21086.504.59$271,702
Dec 2010060,49085.734.35$262,995
Nov 2010080,23980.843.80$304,533
Oct 2010072,79078.103.51$255,412
Sep 2010034,26772.633.98$136,365
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010065171.124.24$2,757
Apr 201007,04281.694.12$29,032
Mar 2010010,99178.394.39$48,236
Feb 201008,05373.585.44$43,827
Jan 2010014,35574.365.96$85,615
Dec 2009018,92171.445.48$103,758
Nov 2009013,01574.593.75$48,826
Oct 200906,86972.544.11$28,233
Sep 200909,29965.543.06$28,499
Aug 200905,64067.423.22$18,152
Jul 2009011,49061.133.46$39,807
Jun 2009014,23266.163.90$55,434
May 2009018,48654.743.93$72,571
Apr 2009019,48046.773.59$69,885
Mar 2009021,10142.144.06$85,649
Feb 2009020,90332.814.63$96,844
Jan 2009023,55935.865.37$126,535
Dec 2008028,49337.105.98$170,307
Nov 2008028,09455.496.86$192,735
Oct 2008033,43075.246.92$231,402
Sep 2008049,895101.767.88$393,027
Aug 2008046,112114.228.48$391,169
Jul 2008066,911131.0811.39$762,078
Jun 2008020,153131.3313.03$262,647

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                2,687 Mcf  × $  3.05 =     $8,184

────────────────────────────────────────────────────
Month total                                   $8,184

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/241450 is the state's own key, not one this site invented.