OAKES, PAT 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 241742District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jul 2008 – May 2026
Value, last 12 filed months
$174 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 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 Gas112008-11-24187267
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
CondensateDisposition400 bbl$29,066
GasProduction1,789,729 Mcf$7,493,445
Total$7,522,511

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 31.4094, -96.2548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40938, -96.25484 · 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
14,924 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 14,924 ft.

Completions filed
Sep 2012
1 of 1 wells

1 well

42-29331957214,924 ftSep 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 (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 202603,388106.413.05$10,319
Apr 202613,61898.932.87$10,482
Mar 202604,18989.753.15$13,193
Feb 202634,04063.503.75$15,342
Jan 202614,52859.138.00$36,274
Dec 202502,81456.664.41$12,419
Nov 202543,01258.593.93$12,061
Oct 202513,04959.383.30$10,136
Sep 202513,58362.743.08$11,087
Aug 202524,13163.933.01$12,582
Jul 202504,82966.743.32$16,009
Jun 202504,38366.483.13$13,713
May 202504,30960.553.23$13,928
Apr 202504,73962.363.54$16,791
Mar 202515,26867.704.27$22,553
Feb 202503,86670.884.34$16,782
Jan 202504,61374.324.28$19,738
Dec 202405,23268.993.12$16,331
Nov 202404,53969.052.20$9,979
Oct 202405,07871.372.28$11,585
Sep 202404,99669.612.36$11,812
Aug 202404,98575.632.06$10,287
Jul 202405,12779.932.15$11,006
Jun 202405,05378.082.63$13,310
May 202405,01778.812.20$11,030
Apr 202403,78684.451.66$6,282
Mar 202404,45180.301.55$6,877
Feb 202404,62376.091.78$8,246
Jan 202403,47973.023.30$11,473
Dec 202304,02371.262.61$10,503
Nov 202303,79177.892.81$10,643
Oct 202304,08985.443.09$12,624
Sep 202303,60089.042.74$9,846
Aug 202303,86980.522.67$10,341
Jul 202303,85174.852.64$10,174
Jun 202303,22368.962.26$7,279
May 202304,96370.622.23$11,055
Apr 202304,95578.122.24$11,088
Mar 202305,08972.852.39$12,179
Feb 202304,16175.112.47$10,260
Jan 202305,64676.533.39$19,127
Dec 202204,37976.415.73$25,088
Nov 202203,34985.005.65$18,909
Oct 202205,25487.185.86$30,808
Sep 202202,84584.888.16$23,226
Aug 202203,09394.529.13$28,230
Jul 202205,399101.587.54$40,720
Jun 202202,993115.097.98$23,876
May 202201,765109.378.43$14,884
Apr 202202,541104.226.84$17,374
Mar 202202,892108.885.08$14,681
Feb 202201,95591.054.86$9,499
Jan 202202,45881.844.54$11,154
Dec 202102,75171.323.90$10,726
Nov 202103,05877.435.24$16,014
Oct 202102,70279.795.71$15,439
Sep 202103,27969.865.35$17,546
Aug 202103,43566.024.22$14,498
Jul 202104,28970.783.98$17,079
Jun 202101,34369.493.38$4,540
May 202102,14563.483.02$6,473
Apr 202102,00060.362.76$5,517
Mar 202103,63961.302.72$9,887
Feb 202102,39157.805.55$13,265
Jan 202102,04250.412.81$5,739
Dec 202002,62744.642.68$7,028
Nov 202002,28638.772.71$6,187
Oct 202003,39736.972.48$8,419
Sep 202002,07237.091.99$4,125
Aug 202002,47639.982.39$5,906
Jul 202003,75038.371.83$6,844
Jun 202002,15434.901.69$3,641
May 202002,38116.921.81$4,321
Apr 202002,30714.751.80$4,163
Mar 202003,25330.341.86$6,038
Feb 202002,60749.881.98$5,164
Jan 202003,73457.252.09$7,822
Dec 201903,95559.012.30$9,114
Nov 201904,43055.302.75$12,186
Oct 201905,18053.472.42$12,528
Sep 201905,28655.052.66$14,046
Aug 201903,32053.112.30$7,650
Jul 201902,57756.272.46$6,340
Jun 201901,89052.782.49$4,708
May 201902,78258.482.74$7,624
Apr 201903,63662.632.75$10,002
Mar 201902,05356.803.06$6,286
Feb 201902,75750.852.79$7,698
Jan 201903,38946.033.23$10,940
Dec 201803,18246.594.19$13,318
Nov 201803,38552.934.24$14,343
Oct 201805,27461.443.40$17,921
Sep 201805,26159.543.11$16,351
Aug 201805,18159.403.07$15,888
Jul 201804,89765.142.93$14,357
Jun 201805,45360.183.08$16,778
May 201805,69165.382.90$16,508
Apr 201805,63963.842.90$16,358
Mar 20181734,92761.222.79$24,322
Feb 201803,99661.782.77$11,053
Jan 201804,45362.874.01$17,854
Dec 201704,71457.272.92$13,772
Nov 201704,87555.423.12$15,202
Oct 201704,76549.292.98$14,217
Sep 201703,70447.523.09$11,435
Aug 201704,97145.373.00$14,935
Jul 201705,84143.873.09$18,033
Jun 201705,27342.493.09$16,279
May 201704,57445.373.26$14,927
Apr 201705,71847.933.21$18,364
Mar 201706,45546.772.98$19,260
Feb 201705,82950.452.95$17,211
Jan 201705,46349.413.42$18,677
Dec 201603,88348.763.72$14,456
Nov 201605,29942.492.64$14,012
Oct 201605,95546.193.09$18,403
Sep 201605,77941.553.10$17,919
Aug 201606,19741.442.92$18,122
Jul 201605,11841.622.92$14,967
Jun 201605,06845.352.69$13,612
May 201605,22242.521.99$10,397
Apr 201603,45536.561.99$6,879
Mar 201605,02933.011.79$9,022
Feb 201604,90826.472.06$10,128
Jan 201605,37627.352.36$12,711
Dec 201505,16332.362.00$10,333
Nov 201505,86738.792.17$12,716
Oct 201505,50543.552.43$13,358
Sep 201505,61242.992.76$15,480
Aug 201506,18240.162.87$17,758
Jul 201506,96948.152.95$20,524
Jun 201506,61356.152.88$19,064
May 201506,01355.212.96$17,771
Apr 201507,40849.822.71$20,050
Mar 201509,87542.892.93$28,980
Feb 201507,36244.662.98$21,911
Jan 201508,65143.433.10$26,824
Dec 2014010,06854.693.59$36,158
Nov 201409,23270.464.25$39,253
Oct 201409,38078.303.90$36,591
Sep 201409,38786.164.05$37,975
Aug 201409,42589.394.04$38,031
Jul 201409,69296.564.18$40,509
Jun 201409,57298.164.74$45,341
May 2014010,61194.734.73$50,154
Apr 201408,24995.944.81$39,670
Mar 201409,97095.895.06$50,416
Feb 2014010,46097.406.19$64,768
Jan 2014010,69090.404.86$51,961
Dec 2013012,24091.824.35$53,299
Nov 2013011,67888.853.74$43,656
Oct 2013010,59397.423.78$40,035
Sep 2013012,071104.113.72$44,877
Aug 2013013,446104.253.52$47,365
Jul 2013013,520102.523.72$50,264
Jun 2013013,71094.403.93$53,927
May 2013014,88894.834.15$61,772
Apr 2013014,85193.964.28$63,601
Mar 2013016,15193.623.91$63,197
Feb 2013015,31691.233.42$52,379
Jan 2013017,88691.603.42$61,169
Dec 2012018,09986.773.42$61,901
Nov 2012015,99986.953.62$57,996
Oct 2012017,12689.383.40$58,223
Sep 2012012,16694.672.92$35,505
Aug 201209,94492.662.91$28,919
Jul 2012011,90885.133.02$35,972
Jun 2012011,93679.822.52$30,067
May 2012013,35091.612.49$33,219
Apr 2012013,315101.652.00$26,587
Mar 2012014,056105.052.22$31,234
Feb 2012014,278101.102.57$36,698
Jan 2012017,08698.092.73$46,714
Dec 2011018,36196.873.24$59,485
Nov 2011019,21995.723.31$63,639
Oct 2011021,78684.983.65$79,487
Sep 2011023,45983.623.99$93,503
Aug 201117827,16183.404.15$127,545
Jul 2011032,77294.144.52$148,039
Jun 2011038,67692.904.64$179,452
May 2011038,43498.134.40$169,295
Apr 201108,201105.964.33$35,537
Mar 201109,80696.364.06$39,786
Feb 2011027285.644.18$1,137
Jan 201104,13486.504.59$18,970
Dec 201004,30785.734.35$18,726
Nov 201004,56480.843.80$17,322
Oct 201004,69178.103.51$16,460
Sep 201005,09672.633.98$20,279
Aug 201006,57073.684.42$29,035
Jul 201008,84672.554.74$41,899
Jun 201007,45470.364.91$36,602
May 201009,49771.124.24$40,222
Apr 2010010,16081.694.12$41,887
Mar 201009,50878.394.39$41,727
Feb 201008,99973.585.44$48,976
Jan 2010010,74374.365.96$64,072
Dec 2009012,32771.445.48$67,598
Nov 2009013,56774.593.75$50,897
Oct 200909,71372.544.11$39,923
Sep 2009013,01865.543.06$39,897
Aug 2009016,07667.423.22$51,741
Jul 2009018,39361.133.46$63,723
Jun 2009019,24066.163.90$74,940
May 2009026,52854.743.93$104,142
Apr 2009215,04246.773.59$54,057
Mar 2009418,94342.144.06$77,058
Feb 2009219,01232.814.63$88,148
Jan 2009421,33235.865.37$114,718
Dec 2008021,70037.105.98$129,704
Nov 2008426,09955.496.86$179,271
Oct 2008432,48375.246.92$225,148
Sep 2008542,912101.767.88$338,530
Aug 2008570,324114.228.48$597,131
Jul 2008523,644131.0811.39$269,947

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                3,388 Mcf  × $  3.05 =    $10,319

────────────────────────────────────────────────────
Month total                                  $10,319

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/241742 is the state's own key, not one this site invented.