PICKETT #1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241773District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Aug 2008 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
214
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112008-11-24187265
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
CondensateDisposition95 bbl$5,878
GasProduction1,554,640 Mcf$6,435,201
Total$6,441,079

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 31.6464, -96.1983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64641, -96.19834 · 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
12,770 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 12,770 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-161338591012,770 ftAug 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 (214)

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

214 months

May 202612,569106.413.05$7,931
Apr 202622,76698.932.87$8,136
Mar 202612,31489.753.15$7,378
Feb 202602,28263.503.75$8,558
Jan 202622,54459.138.00$20,465
Dec 202514,86056.664.41$21,506
Nov 202504,81558.593.93$18,906
Oct 202515,00159.383.30$16,587
Sep 202504,95862.743.08$15,255
Aug 202515,03863.933.01$15,252
Jul 202504,75166.743.32$15,751
Jun 202513,65966.483.13$11,514
May 202502,86160.553.23$9,248
Apr 202502,24462.363.54$7,951
Mar 202512,84467.704.27$12,207
Feb 202502,39570.884.34$10,396
Jan 202512,22174.324.28$9,577
Dec 202411,82968.993.12$5,778
Nov 202401,55369.052.20$3,414
Oct 202401,54971.372.28$3,534
Sep 202411,71169.612.36$4,115
Aug 202401,69975.632.06$3,506
Jul 202401,88579.932.15$4,046
Jun 202412,73078.082.63$7,269
May 202403,54278.812.20$7,787
Apr 202402,14084.451.66$3,551
Mar 202401,67380.301.55$2,585
Feb 202402,39876.091.78$4,277
Jan 202402,54673.023.30$8,396
Dec 202303,14771.262.61$8,216
Nov 202302,74877.892.81$7,715
Oct 202301,50785.443.09$4,653
Sep 202301,95289.042.74$5,339
Aug 202303,06080.522.67$8,179
Jul 202302,81574.852.64$7,437
Jun 202302,95068.962.26$6,663
May 202303,19870.622.23$7,123
Apr 202302,96478.122.24$6,633
Mar 202303,44072.852.39$8,232
Feb 202301,77375.112.47$4,372
Jan 202303,31276.533.39$11,220
Dec 202202,65576.415.73$15,211
Nov 202202,97285.005.65$16,781
Oct 202202,57887.185.86$15,117
Sep 202202,71884.888.16$22,189
Aug 202202,96894.529.13$27,089
Jul 202203,165101.587.54$23,871
Jun 202203,638115.097.98$29,021
May 202203,037109.378.43$25,611
Apr 202202,948104.226.84$20,157
Mar 202202,968108.885.08$15,067
Feb 202202,30291.054.86$11,185
Jan 202203,30381.844.54$14,988
Dec 202101,94571.323.90$7,584
Nov 202102,82077.435.24$14,768
Oct 202103,38479.795.71$19,336
Sep 202103,76869.865.35$20,162
Aug 202103,06566.024.22$12,936
Jul 202102,65670.783.98$10,576
Jun 202103,40369.493.38$11,504
May 202102,91563.483.02$8,797
Apr 202103,39160.362.76$9,354
Mar 202103,56861.302.72$9,694
Feb 202102,40657.805.55$13,348
Jan 202103,21050.412.81$9,021
Dec 202003,27944.642.68$8,773
Nov 202003,27538.772.71$8,864
Oct 202003,38736.972.48$8,394
Sep 202003,41837.091.99$6,805
Aug 202003,66239.982.39$8,734
Jul 202003,72138.371.83$6,791
Jun 202003,33934.901.69$5,644
May 202003,64916.921.81$6,622
Apr 202003,55814.751.80$6,420
Mar 202003,93230.341.86$7,299
Feb 202003,04849.881.98$6,037
Jan 202003,74857.252.09$7,851
Dec 201903,50559.012.30$8,077
Nov 201903,53455.302.75$9,721
Oct 201903,70953.472.42$8,970
Sep 201903,65255.052.66$9,704
Aug 201903,85953.112.30$8,893
Jul 201903,85756.272.46$9,488
Jun 201903,68052.782.49$9,168
May 201903,88158.482.74$10,635
Apr 201903,77462.632.75$10,381
Mar 201903,97956.803.06$12,184
Feb 201903,30650.852.79$9,231
Jan 201903,88746.033.23$12,548
Dec 201803,92346.594.19$16,419
Nov 201803,78852.934.24$16,051
Oct 201804,04461.443.40$13,742
Sep 201803,91159.543.11$12,155
Aug 201804,08959.403.07$12,539
Jul 201804,11165.142.93$12,053
Jun 201804,00060.183.08$12,308
May 201804,18465.382.90$12,137
Apr 201804,02363.842.90$11,670
Mar 201804,23961.222.79$11,813
Feb 201803,86161.782.77$10,680
Jan 201804,10362.874.01$16,450
Dec 201704,27357.272.92$12,484
Nov 201704,00255.423.12$12,480
Oct 201704,35749.292.98$13,000
Sep 201704,31547.523.09$13,322
Aug 201704,42345.373.00$13,288
Jul 201704,60443.873.09$14,214
Jun 201704,50842.493.09$13,917
May 201704,55945.373.26$14,878
Apr 201704,50547.933.21$14,468
Mar 201704,68546.772.98$13,979
Feb 201704,33750.452.95$12,805
Jan 201704,50549.413.42$15,402
Dec 201604,78348.763.72$17,806
Nov 201604,68042.492.64$12,376
Oct 201604,89546.193.09$15,127
Sep 201604,46841.553.10$13,854
Aug 201604,89841.442.92$14,323
Jul 201604,89441.622.92$14,312
Jun 201604,76945.352.69$12,809
May 201605,08842.521.99$10,130
Apr 201604,64936.561.99$9,256
Mar 201605,03133.011.79$9,026
Feb 201605,07526.472.06$10,473
Jan 201604,83427.352.36$11,429
Dec 201504,77432.362.00$9,555
Nov 201504,48638.792.17$9,723
Oct 201504,55143.552.43$11,043
Sep 201515,00142.992.76$13,838
Aug 201505,08140.162.87$14,595
Jul 201505,19148.152.95$15,288
Jun 201505,17056.152.88$14,904
May 201505,47555.212.96$16,181
Apr 201505,39349.822.71$14,597
Mar 201505,63642.892.93$16,540
Feb 201505,01844.662.98$14,935
Jan 201505,72043.433.10$17,736
Dec 201405,57754.693.59$20,029
Nov 201405,87570.464.25$24,980
Oct 201406,10578.303.90$23,815
Sep 201405,98186.164.05$24,196
Aug 201406,21189.394.04$25,062
Jul 201406,06996.564.18$25,366
Jun 201405,68998.164.74$26,948
May 201406,20094.734.73$29,305
Apr 201405,82095.944.81$27,989
Mar 201405,72195.895.06$28,930
Feb 201405,64497.406.19$34,948
Jan 201406,11790.404.86$29,733
Dec 201305,88591.824.35$25,626
Nov 201306,36288.853.74$23,783
Oct 201306,19097.423.78$23,394
Sep 201306,158104.113.72$22,894
Aug 201306,405104.253.52$22,562
Jul 201307,333102.523.72$27,262
Jun 201307,12794.403.93$28,033
May 201307,57694.834.15$31,433
Apr 201307,45393.964.28$31,918
Mar 201307,68293.623.91$30,059
Feb 201307,16091.233.42$24,487
Jan 201307,77391.603.42$26,583
Dec 201208,01286.773.42$27,402
Nov 201207,96886.953.62$28,884
Oct 201208,52789.383.40$28,989
Sep 201208,35594.672.92$24,383
Aug 201209,01592.662.91$26,217
Jul 201209,12185.133.02$27,553
Jun 201209,13279.822.52$23,004
May 201209,26491.612.49$23,052
Apr 201209,237101.652.00$18,444
Mar 201209,873105.052.22$21,939
Feb 201208,914101.102.57$22,911
Jan 2012010,10898.092.73$27,636
Dec 2011010,18996.873.24$33,010
Nov 2011010,34595.723.31$34,255
Oct 2011011,00984.983.65$40,167
Sep 2011011,13683.623.99$44,386
Aug 201119,61483.404.15$39,975
Jul 2011011,48194.144.52$51,862
Jun 2011211,41992.904.64$53,169
May 2011012,21198.134.40$53,787
Apr 2011011,922105.964.33$51,661
Mar 2011013,06196.364.06$52,993
Feb 2011111,82985.644.18$49,531
Jan 2011014,17186.504.59$65,028
Dec 2010014,27685.734.35$62,068
Nov 2010014,34680.843.80$54,448
Oct 2010015,39878.103.51$54,030
Sep 2010015,23672.633.98$60,631
Aug 2010016,39673.684.42$72,460
Jul 2010017,04972.554.74$80,752
Jun 2010017,74070.364.91$87,111
May 2010019,58471.124.24$82,943
Apr 2010121,03481.694.12$86,798
Mar 2010120,01178.394.39$87,900
Feb 2010116,46473.585.44$89,677
Jan 2010219,54074.365.96$116,687
Dec 2009021,18671.445.48$116,179
Nov 2009020,48074.593.75$76,831
Oct 2009022,37872.544.11$91,979
Sep 2009023,77665.543.06$72,868
Aug 2009026,85167.423.22$86,420
Jul 2009033,61161.133.46$116,445
Jun 2009017,65266.163.90$68,755
May 2009020,81154.743.93$81,699
Apr 2009043,09346.773.59$154,596
Mar 20091923,75642.144.06$97,226
Feb 2009210,20032.814.63$47,322
Jan 200938,67135.865.37$46,680
Dec 2008014,34937.105.98$85,766
Nov 20082330,32355.496.86$209,303
Oct 20082338,68875.246.92$269,528
Sep 2008056,981101.767.88$448,844
Aug 2008039,160114.228.48$332,195

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                2,569 Mcf  × $  3.05 =     $7,825

────────────────────────────────────────────────────
Month total                                   $7,931

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/241773 is the state's own key, not one this site invented.