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 241819District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Sep 2008 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
213
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 Gas112008-11-24187279
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
CondensateDisposition198 bbl$13,470
GasProduction438,052 Mcf$1,700,120
Total$1,713,590

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 31.6480, -96.2034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64797, -96.20336 · 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
12,667 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 12,667 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-16133829912,667 ftSep 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 (213)

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

213 months

May 20260978106.413.05$2,979
Apr 202601,31798.932.87$3,779
Mar 2026077589.753.15$2,441
Feb 2026063563.503.75$2,381
Jan 2026096259.138.00$7,694
Dec 202501,42156.664.41$6,271
Nov 2025097058.593.93$3,809
Oct 202501,34559.383.30$4,445
Sep 2025089562.743.08$2,754
Aug 202501,30663.933.01$3,937
Jul 202501,29766.743.32$4,300
Jun 202501,37566.483.13$4,302
May 202501,59960.553.23$5,168
Apr 202501,27962.363.54$4,532
Mar 202501,62567.704.27$6,936
Feb 202501,56770.884.34$6,802
Jan 202501,64474.324.28$7,034
Dec 202401,25968.993.12$3,930
Nov 202401,64069.052.20$3,605
Oct 202412,40071.372.28$5,547
Sep 202421,93569.612.36$4,714
Aug 202453,02275.632.06$6,614
Jul 202411,11579.932.15$2,473
Jun 202419378.082.63$323
May 2024185078.812.20$1,947
Apr 2024139484.451.66$738
Mar 2024053780.301.55$830
Feb 2024075776.091.78$1,350
Jan 202431,09373.023.30$3,823
Dec 2023087171.262.61$2,274
Nov 2023063577.892.81$1,783
Oct 2023094685.443.09$2,921
Sep 202301,78289.042.74$4,874
Aug 2023015980.522.67$425
Jul 2023010674.852.64$280
Jun 2023011468.962.26$257
May 2023010170.622.23$225
Apr 20230078.122.24$0
Mar 202307972.852.39$189
Feb 202302675.112.47$64
Jan 2023040876.533.39$1,382
Dec 2022047776.415.73$2,733
Nov 2022045685.005.65$2,575
Oct 2022074587.185.86$4,369
Sep 2022085284.888.16$6,955
Aug 2022054594.529.13$4,974
Jul 202201,195101.587.54$9,013
Jun 202202,004115.097.98$15,986
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202201108.885.08$5
Feb 20220091.054.86$0
Jan 2022021281.844.54$962
Dec 202109171.323.90$355
Nov 2021053177.435.24$2,781
Oct 2021067579.795.71$3,857
Sep 2021083069.865.35$4,441
Aug 2021088066.024.22$3,714
Jul 202101,66370.783.98$6,622
Jun 202103,03569.493.38$10,260
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202002114.751.80$38
Mar 2020012130.341.86$225
Feb 2020049349.881.98$976
Jan 2020051357.252.09$1,075
Dec 2019025459.012.30$585
Nov 2019035455.302.75$974
Oct 2019057153.472.42$1,381
Sep 201901,08655.052.66$2,886
Aug 2019093753.112.30$2,159
Jul 201901,44256.272.46$3,547
Jun 201901,24752.782.49$3,107
May 2019079558.482.74$2,179
Apr 2019074562.632.75$2,049
Mar 2019069256.803.06$2,119
Feb 2019063950.852.79$1,784
Jan 201901,14246.033.23$3,687
Dec 201801,00346.594.19$4,198
Nov 2018048152.934.24$2,038
Oct 2018071361.443.40$2,423
Sep 201801,11759.543.11$3,472
Aug 201801,20459.403.07$3,692
Jul 201801,12765.142.93$3,304
Jun 201801,05060.183.08$3,231
May 2018071165.382.90$2,062
Apr 201801,06763.842.90$3,095
Mar 201801,01361.222.79$2,823
Feb 2018048061.782.77$1,328
Jan 2018077662.874.01$3,111
Dec 2017086557.272.92$2,527
Nov 2017094055.423.12$2,931
Oct 2017089649.292.98$2,673
Sep 201701,00247.523.09$3,093
Aug 201701,43845.373.00$4,320
Jul 201701,44943.873.09$4,473
Jun 201701,25642.493.09$3,878
May 201701,41845.373.26$4,628
Apr 201701,58047.933.21$5,074
Mar 201701,07546.772.98$3,207
Feb 2017093650.452.95$2,764
Jan 201701,17549.413.42$4,017
Dec 201601,22148.763.72$4,546
Nov 201601,04242.492.64$2,755
Oct 201601,20446.193.09$3,721
Sep 201601,22741.553.10$3,804
Aug 201601,53641.442.92$4,492
Jul 201601,66841.622.92$4,878
Jun 201601,63045.352.69$4,378
May 201601,68442.521.99$3,353
Apr 201601,80136.561.99$3,586
Mar 201601,53833.011.79$2,759
Feb 201601,51926.472.06$3,135
Jan 201601,51427.352.36$3,580
Dec 201501,58232.362.00$3,166
Nov 201501,31138.792.17$2,841
Oct 2015098943.552.43$2,400
Sep 2015196642.992.76$2,708
Aug 201501,16940.162.87$3,358
Jul 201501,36948.152.95$4,032
Jun 201501,09056.152.88$3,142
May 201501,59655.212.96$4,717
Apr 201501,28649.822.71$3,481
Mar 201501,61442.892.93$4,737
Feb 201501,62344.662.98$4,830
Jan 201501,42743.433.10$4,425
Dec 201401,09754.693.59$3,940
Nov 201401,18870.464.25$5,051
Oct 201401,60778.303.90$6,269
Sep 201401,56086.164.05$6,311
Aug 201401,80489.394.04$7,279
Jul 201402,72996.564.18$11,406
Jun 201402,62798.164.74$12,444
May 201402,44494.734.73$11,552
Apr 201402,45595.944.81$11,806
Mar 201402,55595.895.06$12,920
Feb 201402,09897.406.19$12,991
Jan 201402,33390.404.86$11,340
Dec 201302,29391.824.35$9,985
Nov 201303,31388.853.74$12,385
Oct 201302,53197.423.78$9,566
Sep 201302,119104.113.72$7,878
Aug 201302,042104.253.52$7,193
Jul 201302,035102.523.72$7,566
Jun 201301,86894.403.93$7,348
May 201302,03894.834.15$8,456
Apr 201301,61693.964.28$6,921
Mar 201301,84393.623.91$7,211
Feb 201301,78791.233.42$6,111
Jan 201302,37391.603.42$8,115
Dec 201202,51086.773.42$8,585
Nov 201202,56786.953.62$9,305
Oct 201203,00889.383.40$10,226
Sep 201201,70094.672.92$4,961
Aug 201202,16492.662.91$6,293
Jul 201202,40785.133.02$7,271
Jun 201202,41879.822.52$6,091
May 201202,51691.612.49$6,261
Apr 201202,392101.652.00$4,776
Mar 201202,248105.052.22$4,995
Feb 201202,166101.102.57$5,567
Jan 201202,44698.092.73$6,688
Dec 201102,80496.873.24$9,084
Nov 201102,91295.723.31$9,642
Oct 201103,20784.983.65$11,701
Sep 201103,05783.623.99$12,185
Aug 201103,25783.404.15$13,514
Jul 201103,35494.144.52$15,151
Jun 201123,30592.904.64$15,521
May 201103,53998.134.40$15,589
Apr 201113,516105.964.33$15,342
Mar 201103,47796.364.06$14,107
Feb 201103,00085.644.18$12,540
Jan 201103,69886.504.59$16,969
Dec 201003,83085.734.35$16,652
Nov 201003,93680.843.80$14,938
Oct 201004,16778.103.51$14,622
Sep 201004,30872.633.98$17,144
Aug 201005,02173.684.42$22,190
Jul 201004,60172.554.74$21,793
Jun 201004,73670.364.91$23,256
May 201005,53871.124.24$23,455
Apr 201005,73581.694.12$23,644
Mar 201016,59378.394.39$29,013
Feb 201026,56973.585.44$35,898
Jan 201038,53274.365.96$51,109
Dec 200905,80271.445.48$31,817
Nov 200908,85674.593.75$33,223
Oct 200909,04172.544.11$37,161
Sep 2009010,12865.543.06$31,040
Aug 2009012,34467.423.22$39,729
Jul 2009012,70761.133.46$44,023
Jun 2009012,36266.163.90$48,150
May 200905,78654.743.93$22,714
Apr 2009012,54246.773.59$44,994
Mar 20094916,02542.144.06$67,110
Feb 200972,97232.814.63$13,999
Jan 2009147,19235.865.37$39,130
Dec 2008012,48737.105.98$74,637
Nov 2008241,36555.496.86$10,696
Oct 2008231,25675.246.92$10,425
Sep 200856664101.767.88$10,929

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                  978 Mcf  × $  3.05 =     $2,979

────────────────────────────────────────────────────
Month total                                   $2,979

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/241819 is the state's own key, not one this site invented.