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 241578District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jul 2008 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
215
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 Gas112008-11-24187266
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
CondensateDisposition1,145 bbl$70,912
GasProduction775,511 Mcf$3,935,308
Total$4,006,220

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 31.4205, -96.2930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42049, -96.29304 · 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
12,910 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 12,910 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-293320161712,910 ftJul 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 (215)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

215 months

May 20260262106.413.05$798
Apr 2026021598.932.87$617
Mar 2026022989.753.15$721
Feb 2026011163.503.75$416
Jan 2026015359.138.00$1,224
Dec 2025016456.664.41$724
Nov 2025011258.593.93$440
Oct 2025030659.383.30$1,011
Sep 2025025962.743.08$797
Aug 2025040063.933.01$1,206
Jul 2025029366.743.32$971
Jun 202501,34166.483.13$4,196
May 2025074860.553.23$2,418
Apr 2025023462.363.54$829
Mar 2025028867.704.27$1,229
Feb 2025017470.884.34$755
Jan 2025013674.324.28$582
Dec 2024022268.993.12$693
Nov 2024022669.052.20$497
Oct 2024024671.372.28$561
Sep 2024040069.612.36$946
Aug 2024067675.632.06$1,395
Jul 2024074179.932.15$1,591
Jun 2024084478.082.63$2,223
May 2024053678.812.20$1,178
Apr 2024061284.451.66$1,015
Mar 2024057380.301.55$885
Feb 2024049376.091.78$879
Jan 2024026473.023.30$871
Dec 202302271.262.61$57
Nov 2023010877.892.81$303
Oct 202306985.443.09$213
Sep 2023020489.042.74$558
Aug 2023027780.522.67$740
Jul 202302,72274.852.64$7,191
Jun 202303,58768.962.26$8,101
May 202303,37970.622.23$7,526
Apr 202303,11178.122.24$6,962
Mar 202303,24272.852.39$7,759
Feb 202302,80275.112.47$6,909
Jan 202302,87176.533.39$9,726
Dec 202202,90576.415.73$16,643
Nov 202202,78785.005.65$15,736
Oct 2022077387.185.86$4,533
Sep 2022023984.888.16$1,951
Aug 2022023194.529.13$2,108
Jul 20220173101.587.54$1,305
Jun 20220960115.097.98$7,658
May 202201,954109.378.43$16,478
Apr 202201,123104.226.84$7,679
Mar 20220683108.885.08$3,467
Feb 202201,74991.054.86$8,498
Jan 202205,05781.844.54$22,947
Dec 2021031871.323.90$1,240
Nov 2021019477.435.24$1,016
Oct 2021020579.795.71$1,171
Sep 2021024269.865.35$1,295
Aug 2021025866.024.22$1,089
Jul 2021024170.783.98$960
Jun 2021035269.493.38$1,190
May 2021025063.483.02$754
Apr 2021021760.362.76$599
Mar 2021024061.302.72$652
Feb 2021011557.805.55$638
Jan 2021027650.412.81$776
Dec 2020037944.642.68$1,014
Nov 2020026138.772.71$706
Oct 2020028336.972.48$701
Sep 2020035737.091.99$711
Aug 2020035439.982.39$844
Jul 2020039138.371.83$714
Jun 2020033734.901.69$570
May 2020030616.921.81$555
Apr 2020055814.751.80$1,007
Mar 2020085230.341.86$1,582
Feb 2020079449.881.98$1,573
Jan 2020093557.252.09$1,959
Dec 2019095159.012.30$2,191
Nov 2019091955.302.75$2,528
Oct 201901,04753.472.42$2,532
Sep 201901,15255.052.66$3,061
Aug 201901,16753.112.30$2,689
Jul 2019079356.272.46$1,951
Jun 201901,05652.782.49$2,631
May 2019094058.482.74$2,576
Apr 201901,06762.632.75$2,935
Mar 201901,07656.803.06$3,295
Feb 2019098450.852.79$2,748
Jan 201901,19646.033.23$3,861
Dec 201801,17446.594.19$4,914
Nov 201801,12152.934.24$4,750
Oct 201801,25361.443.40$4,258
Sep 201801,14459.543.11$3,556
Aug 201801,15759.403.07$3,548
Jul 2018093865.142.93$2,750
Jun 2018085560.183.08$2,631
May 2018071665.382.90$2,077
Apr 2018065163.842.90$1,888
Mar 201801,06761.222.79$2,974
Feb 2018070361.782.77$1,945
Jan 2018097462.874.01$3,905
Dec 201701,12457.272.92$3,284
Nov 201701,11655.423.12$3,480
Oct 201701,04249.292.98$3,109
Sep 2017092247.523.09$2,846
Aug 2017089045.373.00$2,674
Jul 2017093943.873.09$2,899
Jun 2017083642.493.09$2,581
May 201701,06245.373.26$3,466
Apr 2017080947.933.21$2,598
Mar 201701,09446.772.98$3,264
Feb 2017097350.452.95$2,873
Jan 2017091549.413.42$3,128
Dec 2016077248.763.72$2,874
Nov 201601,00442.492.64$2,655
Oct 201601,22746.193.09$3,792
Sep 201601,19141.553.10$3,693
Aug 201601,36541.442.92$3,992
Jul 201601,28241.622.92$3,749
Jun 201601,33345.352.69$3,580
May 201601,33642.521.99$2,660
Apr 2016081836.561.99$1,629
Mar 201601,05333.011.79$1,889
Feb 201615793926.472.06$6,094
Jan 201601,05427.352.36$2,492
Dec 201501,24832.362.00$2,498
Nov 201501,30738.792.17$2,833
Oct 201501,38743.552.43$3,366
Sep 201501,23242.992.76$3,398
Aug 201501,46340.162.87$4,202
Jul 201501,51348.152.95$4,456
Jun 201501,58756.152.88$4,575
May 201501,57055.212.96$4,640
Apr 201501,36249.822.71$3,686
Mar 201501,65642.892.93$4,860
Feb 201501,59444.662.98$4,744
Jan 201501,92743.433.10$5,975
Dec 201401,99154.693.59$7,150
Nov 201401,87070.464.25$7,951
Oct 201401,99478.303.90$7,779
Sep 201402,23386.164.05$9,033
Aug 201401,83989.394.04$7,421
Jul 201401,75396.564.18$7,327
Jun 201401,45898.164.74$6,906
May 201401,71294.734.73$8,092
Apr 2014095095.944.81$4,569
Mar 201401,37995.895.06$6,973
Feb 201401,91697.406.19$11,864
Jan 201401,88390.404.86$9,153
Dec 201301,97091.824.35$8,578
Nov 201301,86688.853.74$6,976
Oct 201301,45697.423.78$5,503
Sep 20130820104.113.72$3,049
Aug 201302,471104.253.52$8,704
Jul 201302,655102.523.72$9,871
Jun 201301,85994.403.93$7,312
May 201302,18094.834.15$9,045
Apr 201302,25393.964.28$9,649
Mar 201302,41993.623.91$9,465
Feb 201302,32991.233.42$7,965
Jan 201302,09391.603.42$7,158
Dec 201202,38986.773.42$8,171
Nov 201202,06786.953.62$7,493
Oct 201202,51289.383.40$8,540
Sep 201202,74694.672.92$8,014
Aug 201203,29492.662.91$9,579
Jul 201203,08385.133.02$9,313
Jun 201204,00979.822.52$10,099
May 201203,51891.612.49$8,754
Apr 20121873,501101.652.00$25,999
Mar 201203,364105.052.22$7,475
Feb 201203,205101.102.57$8,238
Jan 201204,23298.092.73$11,571
Dec 201103,84896.873.24$12,467
Nov 201104,22095.723.31$13,974
Oct 201104,36884.983.65$15,937
Sep 201104,68883.623.99$18,685
Aug 201104,73683.404.15$19,651
Jul 201104,83994.144.52$21,859
Jun 201105,24092.904.64$24,313
May 201103,84798.134.40$16,945
Apr 201105,123105.964.33$22,199
Mar 201104,93396.364.06$20,015
Feb 201103,51385.644.18$14,684
Jan 201104,66286.504.59$21,393
Dec 201005,32885.734.35$23,165
Nov 201005,88180.843.80$22,320
Oct 201006,59378.103.51$23,134
Sep 201006,93572.633.98$27,598
Aug 201007,60173.684.42$33,592
Jul 201008,34972.554.74$39,545
Jun 201008,87370.364.91$43,570
May 20103607,54071.124.24$57,537
Apr 201005,34281.694.12$22,023
Mar 201006,68678.394.39$29,343
Feb 201017,14973.585.44$38,981
Jan 201018,23574.365.96$49,189
Dec 200908,45071.445.48$46,338
Nov 200908,88674.593.75$33,336
Oct 200909,95772.544.11$40,926
Sep 2009010,56565.543.06$32,379
Aug 2009011,81867.423.22$38,036
Jul 2009012,76861.133.46$44,235
Jun 2009013,40766.163.90$52,220
May 200918615,09054.743.93$69,421
Apr 2009616,63046.773.59$59,941
Mar 2009720,40242.144.06$83,107
Feb 2009621,05032.814.63$97,722
Jan 200919227,51935.865.37$154,690
Dec 2008033,45337.105.98$199,953
Nov 2008733,42755.496.86$229,710
Oct 2008742,04575.246.92$291,561
Sep 20081060,125101.767.88$474,628
Aug 2008874,267114.228.48$630,922
Jul 2008105,810131.0811.39$67,483

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                  262 Mcf  × $  3.05 =       $798

────────────────────────────────────────────────────
Month total                                     $798

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/241578 is the state's own key, not one this site invented.