WALDRIP, MELVIN 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 242997District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Sep 2008 – May 2026
Value, last 12 filed months
$177 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 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 Gas112009-01-29188874
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
CondensateDisposition619 bbl$37,054
GasProduction2,210,022 Mcf$8,986,121
Total$9,023,175

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 31.4611, -96.2338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46108, -96.23377 · 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
14,390 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 14,390 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-16134193714,390 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 202603,853106.413.05$11,736
Apr 202603,65998.932.87$10,500
Mar 202603,44889.753.15$10,859
Feb 202602,57163.503.75$9,642
Jan 202603,53559.138.00$28,273
Dec 202514,27556.664.41$18,924
Nov 202503,84758.593.93$15,105
Oct 202525,22759.383.30$17,393
Sep 202513,75362.743.08$11,610
Aug 202514,36863.933.01$13,232
Jul 202504,27466.743.32$14,169
Jun 202504,88366.483.13$15,278
May 202504,88460.553.23$15,787
Apr 202514,12462.363.54$14,674
Mar 202513,34067.704.27$14,324
Feb 202503,56770.884.34$15,484
Jan 202503,71474.324.28$15,891
Dec 202434,74168.993.12$15,005
Nov 202404,10769.052.20$9,029
Oct 202414,59471.372.28$10,552
Sep 202413,60169.612.36$8,584
Aug 202404,49875.632.06$9,282
Jul 202415,02179.932.15$10,858
Jun 202414,76678.082.63$12,632
May 202414,77078.812.20$10,565
Apr 202424,76384.451.66$8,072
Mar 202403,89480.301.55$6,017
Feb 202403,64376.091.78$6,498
Jan 202403,95873.023.30$13,052
Dec 202303,12471.262.61$8,156
Nov 202314,12277.892.81$11,651
Oct 202313,53785.443.09$11,005
Sep 202312,20189.042.74$6,109
Aug 202312,06180.522.67$5,589
Jul 202312,13574.852.64$5,715
Jun 202322,37668.962.26$5,504
May 202312,02770.622.23$4,586
Apr 202312,99678.122.24$6,782
Mar 202303,61472.852.39$8,649
Feb 202302,77675.112.47$6,845
Jan 202304,13376.533.39$14,001
Dec 202203,51576.415.73$20,138
Nov 202204,07585.005.65$23,008
Oct 202204,21987.185.86$24,739
Sep 202204,10884.888.16$33,536
Aug 202204,18194.529.13$38,161
Jul 202214,504101.587.54$34,071
Jun 202214,791115.097.98$38,334
May 202224,953109.378.43$41,988
Apr 202204,204104.226.84$28,745
Mar 202224,175108.885.08$21,412
Feb 202203,34791.054.86$16,263
Jan 202214,10881.844.54$18,723
Dec 202114,33971.323.90$16,990
Nov 202124,51877.435.24$23,815
Oct 202144,73579.795.71$27,374
Sep 202115,11669.865.35$27,445
Aug 202114,63266.024.22$19,616
Jul 202115,01470.783.98$20,037
Jun 202124,78069.493.38$16,298
May 202134,61463.483.02$14,114
Apr 202114,29260.362.76$11,900
Mar 202124,28361.302.72$11,759
Feb 202134,59157.805.55$25,644
Jan 202125,58550.412.81$15,796
Dec 202025,33044.642.68$14,349
Nov 202024,78638.772.71$13,031
Oct 202065,08736.972.48$12,830
Sep 202053,36137.091.99$6,877
Aug 202035,94439.982.39$14,297
Jul 2020115,55338.371.83$10,557
Jun 2020125,63334.901.69$9,940
May 202015,35916.921.81$9,742
Apr 202054,68614.751.80$8,529
Mar 202064,04130.341.86$7,683
Feb 202065,41749.881.98$11,029
Jan 202004,57757.252.09$9,588
Dec 201905,15159.012.30$11,870
Nov 201905,62255.302.75$15,464
Oct 201905,05453.472.42$12,223
Sep 201914,61555.052.66$12,318
Aug 201915,58653.112.30$12,925
Jul 201915,70056.272.46$14,079
Jun 201925,95552.782.49$14,941
May 201925,14658.482.74$14,219
Apr 201945,56862.632.75$15,566
Mar 201965,59256.803.06$17,464
Feb 201965,32350.852.79$15,168
Jan 2019155,72246.033.23$19,162
Dec 201865,95246.594.19$25,191
Nov 201835,45052.934.24$23,252
Oct 201846,34861.443.40$21,817
Sep 201845,93359.543.11$18,678
Aug 201836,27459.403.07$19,418
Jul 201876,62465.142.93$19,877
Jun 201856,04760.183.08$18,907
May 201887,06865.382.90$21,026
Apr 201835,93163.842.90$17,396
Mar 201865,86561.222.79$16,712
Feb 201835,90361.782.77$16,514
Jan 201835,58462.874.01$22,577
Dec 201755,92857.272.92$17,605
Nov 201725,58955.423.12$17,539
Oct 201755,35049.292.98$16,209
Sep 201725,48647.523.09$17,032
Aug 201725,84445.373.00$17,648
Jul 201726,49743.873.09$20,146
Jun 201736,37342.493.09$19,803
May 201736,70345.373.26$22,011
Apr 201737,57547.933.21$24,472
Mar 201727,07746.772.98$21,209
Feb 201725,44150.452.95$16,166
Jan 201715,12149.413.42$17,557
Dec 201616,06248.763.72$22,617
Nov 201605,40442.492.64$14,290
Oct 201606,04246.193.09$18,671
Sep 201605,96341.553.10$18,489
Aug 201606,25241.442.92$18,283
Jul 201605,70641.622.92$16,686
Jun 201605,45545.352.69$14,651
May 201605,41042.521.99$10,772
Apr 201605,46336.561.99$10,877
Mar 201605,66133.011.79$10,156
Feb 201606,19826.472.06$12,790
Jan 201606,54927.352.36$15,484
Dec 201505,79232.362.00$11,592
Nov 201506,66938.792.17$14,454
Oct 201507,30343.552.43$17,721
Sep 20151227,48042.992.76$25,878
Aug 201506,84940.162.87$19,674
Jul 201506,69748.152.95$19,723
Jun 201506,57556.152.88$18,955
May 201507,42155.212.96$21,932
Apr 201507,38049.822.71$19,974
Mar 201506,99242.892.93$20,519
Feb 201506,45044.662.98$19,196
Jan 201507,76943.433.10$24,089
Dec 201407,56654.693.59$27,172
Nov 201408,14870.464.25$34,644
Oct 201408,20978.303.90$32,023
Sep 201408,63586.164.05$34,932
Aug 201409,92189.394.04$40,032
Jul 201409,52996.564.18$39,827
Jun 201409,63598.164.74$45,640
May 201409,96694.734.73$47,105
Apr 201409,54695.944.81$45,908
Mar 201409,78595.895.06$49,481
Feb 201406,60397.406.19$40,886
Jan 2014010,02490.404.86$48,724
Dec 2013010,97791.824.35$47,799
Nov 201309,80888.853.74$36,665
Oct 2013011,63097.423.78$43,954
Sep 2013011,374104.113.72$42,286
Aug 2013011,990104.253.52$42,236
Jul 2013012,866102.523.72$47,832
Jun 2013011,11594.403.93$43,720
May 2013011,15794.834.15$46,291
Apr 2013012,44793.964.28$53,305
Mar 2013012,17193.623.91$47,624
Feb 2013011,90091.233.42$40,697
Jan 2013012,78091.603.42$43,706
Dec 2012014,14586.773.42$48,378
Nov 2012012,59186.953.62$45,642
Oct 2012015,33489.383.40$52,131
Sep 2012013,43594.672.92$39,209
Aug 2012015,50292.662.91$45,082
Jul 2012016,31785.133.02$49,290
Jun 2012014,76179.822.52$37,184
May 2012014,37591.612.49$35,770
Apr 2012013,952101.652.00$27,859
Mar 2012016,011105.052.22$35,578
Feb 2012014,001101.102.57$35,986
Jan 2012017,09198.092.73$46,728
Dec 2011017,75096.873.24$57,505
Nov 2011017,90495.723.31$59,285
Oct 2011014,28284.983.65$52,108
Sep 2011014,90983.623.99$59,424
Aug 2011015,47683.404.15$64,215
Jul 2011014,27894.144.52$64,497
Jun 2011017,87692.904.64$82,942
May 2011015,47398.134.40$68,156
Apr 2011017,306105.964.33$74,992
Mar 2011018,82496.364.06$76,375
Feb 2011016,69285.644.18$69,772
Jan 2011017,77486.504.59$81,561
Dec 2010019,24485.734.35$83,668
Nov 2010019,83480.843.80$75,277
Oct 2010020,32478.103.51$71,315
Sep 2010021,46672.633.98$85,423
Aug 2010324,10673.684.42$106,754
Jul 2010025,14272.554.74$119,085
Jun 2010026,38870.364.91$129,576
May 2010027,19771.124.24$115,185
Apr 2010028,26481.694.12$116,524
Mar 2010029,10478.394.39$127,728
Feb 201018828,98673.585.44$171,585
Jan 2010333,32374.365.96$198,964
Dec 2009022,86771.445.48$125,397
Nov 2009020,97174.593.75$78,673
Oct 2009024,79872.544.11$101,926
Sep 2009025,71265.543.06$78,801
Aug 2009028,07067.423.22$90,343
Jul 2009029,57961.133.46$102,476
Jun 2009230,98366.163.90$120,811
May 2009033,97654.743.93$133,381
Apr 2009435,28446.773.59$126,768
Mar 2009339,87542.144.06$161,979
Feb 2009239,16032.814.63$181,494
Jan 20091349,97135.865.37$268,860
Dec 2008043,73637.105.98$261,416
Nov 2008055,70355.496.86$382,143
Oct 20081875,39275.246.92$523,216
Sep 20082040,954101.767.88$324,634

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                3,853 Mcf  × $  3.05 =    $11,736

────────────────────────────────────────────────────
Month total                                  $11,736

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/242997 is the state's own key, not one this site invented.