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 243008District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Aug 2008 – May 2026
Value, last 12 filed months
$99 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 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 Gas112009-01-29188899
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
CondensateDisposition1,040 bbl$63,674
GasProduction1,884,839 Mcf$7,716,926
Total$7,780,600

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 31.4118, -96.2597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41183, -96.25967 · 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
15,000 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 15,000 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-29331982815,000 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 202601,496106.413.05$4,557
Apr 202601,56698.932.87$4,494
Mar 202602,09989.753.15$6,611
Feb 202623,07363.503.75$11,652
Jan 202612,09059.138.00$16,775
Dec 202502,19856.664.41$9,701
Nov 202522,34358.593.93$9,317
Oct 202501,83359.383.30$6,058
Sep 202501,89062.743.08$5,815
Aug 202502,28263.933.01$6,880
Jul 202502,41366.743.32$8,000
Jun 202502,80366.483.13$8,770
May 202502,90360.553.23$9,383
Apr 202502,40462.363.54$8,518
Mar 202501,43467.704.27$6,121
Feb 202502,02070.884.34$8,769
Jan 202503,46074.324.28$14,804
Dec 202401,59168.993.12$4,966
Nov 202401,50169.052.20$3,300
Oct 202401,09271.372.28$2,491
Sep 202401,38269.612.36$3,268
Aug 202401,69975.632.06$3,506
Jul 202401,48379.932.15$3,183
Jun 202401,00278.082.63$2,639
May 202401,03878.812.20$2,282
Apr 202401,21384.451.66$2,013
Mar 202401,76280.301.55$2,723
Feb 202402,71876.091.78$4,848
Jan 202401,98873.023.30$6,556
Dec 202301,19271.262.61$3,112
Nov 202301,28777.892.81$3,613
Oct 2023080085.443.09$2,470
Sep 2023052989.042.74$1,447
Aug 2023075480.522.67$2,015
Jul 2023080374.852.64$2,121
Jun 202301,12968.962.26$2,550
May 202301,31370.622.23$2,925
Apr 202301,31378.122.24$2,938
Mar 202301,52272.852.39$3,642
Feb 202302,14675.112.47$5,291
Jan 202301,68876.533.39$5,718
Dec 202201,89176.415.73$10,834
Nov 202201,93785.005.65$10,937
Oct 202202,03287.185.86$11,915
Sep 202201,58784.888.16$12,956
Aug 202202,78394.529.13$25,401
Jul 202203,289101.587.54$24,806
Jun 202202,972115.097.98$23,708
May 202202,577109.378.43$21,732
Apr 202201,992104.226.84$13,621
Mar 202201,751108.885.08$8,889
Feb 202201,20791.054.86$5,865
Jan 202201,53381.844.54$6,956
Dec 202101,94671.323.90$7,588
Nov 202101,89677.435.24$9,929
Oct 202103,11079.795.71$17,770
Sep 202104,66469.865.35$24,957
Aug 202106,54566.024.22$27,624
Jul 202102,65870.783.98$10,584
Jun 202102,72569.493.38$9,212
May 202102,08763.483.02$6,298
Apr 202107,17860.362.76$19,800
Mar 2021013,55761.302.72$36,834
Feb 202104,97657.805.55$27,607
Jan 202101,92950.412.81$5,421
Dec 202001,99744.642.68$5,343
Nov 202002,74538.772.71$7,430
Oct 202003,51736.972.48$8,717
Sep 202003,09537.091.99$6,162
Aug 202001,84239.982.39$4,393
Jul 202002,68938.371.83$4,908
Jun 202003,86434.901.69$6,531
May 202004,54616.921.81$8,250
Apr 202003,76214.751.80$6,788
Mar 202003,38430.341.86$6,281
Feb 202004,55249.881.98$9,016
Jan 202004,07457.252.09$8,534
Dec 201904,07659.012.30$9,393
Nov 201904,76355.302.75$13,102
Oct 201905,48953.472.42$13,275
Sep 201904,79255.052.66$12,734
Aug 201903,47853.112.30$8,015
Jul 201903,88956.272.46$9,567
Jun 201904,57352.782.49$11,392
May 201903,49558.482.74$9,577
Apr 201904,36462.632.75$12,004
Mar 201901,81056.803.06$5,542
Feb 201903,94150.852.79$11,004
Jan 201905,26846.033.23$17,006
Dec 201805,39146.594.19$22,564
Nov 201804,10652.934.24$17,398
Oct 201804,99861.443.40$16,984
Sep 201804,93759.543.11$15,344
Aug 201805,16059.403.07$15,823
Jul 201804,78665.142.93$14,032
Jun 201804,26660.183.08$13,126
May 201804,89565.382.90$14,199
Apr 201805,10863.842.90$14,817
Mar 201805,28361.222.79$14,723
Feb 201804,21761.782.77$11,665
Jan 201804,59662.874.01$18,427
Dec 201704,82457.272.92$14,093
Nov 201704,68055.423.12$14,594
Oct 201705,11349.292.98$15,256
Sep 201705,56747.523.09$17,187
Aug 201705,35345.373.00$16,083
Jul 201705,38143.873.09$16,613
Jun 201704,61542.493.09$14,248
May 201705,33245.373.26$17,400
Apr 201705,34947.933.21$17,179
Mar 201705,81546.772.98$17,350
Feb 201705,06850.452.95$14,964
Jan 201705,51249.413.42$18,844
Dec 201605,91348.763.72$22,013
Nov 201605,66842.492.64$14,988
Oct 201606,04346.193.09$18,674
Sep 201605,68341.553.10$17,621
Aug 201605,72641.442.92$16,745
Jul 201606,05241.622.92$17,698
Jun 201606,15245.352.69$16,523
May 201607,40242.521.99$14,738
Apr 201607,05836.561.99$14,053
Mar 201607,68033.011.79$13,778
Feb 201606,87126.472.06$14,179
Jan 201605,21827.352.36$12,337
Dec 201505,63332.362.00$11,274
Nov 201507,33838.792.17$15,904
Oct 201507,64543.552.43$18,551
Sep 201506,24642.992.76$17,229
Aug 201504,26440.162.87$12,248
Jul 201505,54748.152.95$16,336
Jun 201506,98156.152.88$20,125
May 201506,50355.212.96$19,219
Apr 201506,36649.822.71$17,230
Mar 201507,38842.892.93$21,682
Feb 201506,85244.662.98$20,393
Jan 201508,01543.433.10$24,852
Dec 201407,88554.693.59$28,318
Nov 201407,63370.464.25$32,454
Oct 201407,78178.303.90$30,353
Sep 201407,60786.164.05$30,774
Aug 201407,57789.394.04$30,574
Jul 201408,09896.564.18$33,846
Jun 201407,52398.164.74$35,636
May 201407,61594.734.73$35,993
Apr 201407,98195.944.81$38,382
Mar 201407,74595.895.06$39,165
Feb 201406,88897.406.19$42,651
Jan 201409,07990.404.86$44,130
Dec 2013010,03091.824.35$43,675
Nov 201309,23888.853.74$34,534
Oct 201309,61697.423.78$36,342
Sep 201309,884104.113.72$36,746
Aug 201309,511104.253.52$33,504
Jul 201309,125102.523.72$33,924
Jun 201308,92594.403.93$35,106
May 2013010,70994.834.15$44,433
Apr 2013010,59293.964.28$45,361
Mar 2013010,30593.623.91$40,322
Feb 2013010,66391.233.42$36,467
Jan 2013011,43691.603.42$39,110
Dec 2012011,48686.773.42$39,284
Nov 2012012,34086.953.62$44,732
Oct 2012011,85289.383.40$40,293
Sep 201217911,51594.672.92$50,551
Aug 2012012,81892.662.91$37,277
Jul 2012012,52585.133.02$37,836
Jun 2012012,61279.822.52$31,770
May 2012013,18191.612.49$32,799
Apr 2012013,721101.652.00$27,398
Mar 2012014,365105.052.22$31,920
Feb 2012013,805101.102.57$35,482
Jan 2012015,66298.092.73$42,821
Dec 2011014,72296.873.24$47,695
Nov 2011015,25995.723.31$50,527
Oct 2011015,86384.983.65$57,877
Sep 2011016,19483.623.99$64,546
Aug 2011016,76883.404.15$69,576
Jul 2011018,77194.144.52$84,793
Jun 2011018,21892.904.64$84,529
May 2011016,07298.134.40$70,794
Apr 2011015,378105.964.33$66,637
Mar 2011016,48196.364.06$66,869
Feb 2011015,13385.644.18$63,256
Jan 2011017,41886.504.59$79,927
Dec 2010016,36485.734.35$71,147
Nov 2010017,18580.843.80$65,223
Oct 2010020,18178.103.51$70,813
Sep 2010020,42872.633.98$81,293
Aug 2010022,08673.684.42$97,606
Jul 201018124,58072.554.74$129,554
Jun 2010026,22070.364.91$128,751
May 2010029,92371.124.24$126,730
Apr 2010031,59081.694.12$130,236
Mar 2010035,18978.394.39$154,433
Feb 2010631,03273.585.44$169,329
Jan 20101139,68674.365.96$237,509
Dec 20091878,97671.445.48$62,581
Nov 200908,83474.593.75$33,141
Oct 2009012,85372.544.11$52,829
Sep 2009015,48765.543.06$47,464
Aug 2009017,75967.423.22$57,157
Jul 2009020,77361.133.46$71,968
Jun 2009022,35366.163.90$87,065
May 2009026,38554.743.93$103,581
Apr 20091231,87846.773.59$114,924
Mar 200921039,09742.144.06$167,544
Feb 200920040,73032.814.63$195,264
Jan 20093052,72535.865.37$284,262
Dec 2008061,24337.105.98$366,058
Nov 2008062,02555.496.86$425,514
Oct 20081355,76775.246.92$386,996
Sep 200838,942101.767.88$70,742
Aug 200834,268114.228.48$36,548

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                1,496 Mcf  × $  3.05 =     $4,557

────────────────────────────────────────────────────
Month total                                   $4,557

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/243008 is the state's own key, not one this site invented.