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 243023District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
212
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 Gas112009-06-26192774
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
CondensateDisposition320 bbl$26,288
GasProduction1,937,011 Mcf$7,828,052
Total$7,854,340

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, -96.2508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40944, -96.25077 · 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
14,900 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 14,900 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-29331961314,900 ftOct 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 (212)

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

212 months

May 202602,398106.413.05$7,304
Apr 202602,41598.932.87$6,930
Mar 202602,23189.753.15$7,026
Feb 202611,86763.503.75$7,065
Jan 202601,96459.138.00$15,708
Dec 202501,82856.664.41$8,068
Nov 202512,57658.593.93$10,173
Oct 202502,44859.383.30$8,090
Sep 202503,00662.743.08$9,249
Aug 202514,11263.933.01$12,461
Jul 202503,48366.743.32$11,547
Jun 202502,95166.483.13$9,233
May 202502,79960.553.23$9,047
Apr 202502,61062.363.54$9,248
Mar 202513,47767.704.27$14,909
Feb 202502,15170.884.34$9,337
Jan 202502,44974.324.28$10,478
Dec 202402,19468.993.12$6,848
Nov 202402,84669.052.20$6,257
Oct 202402,54071.372.28$5,795
Sep 202402,95269.612.36$6,980
Aug 202402,66275.632.06$5,493
Jul 202403,73379.932.15$8,013
Jun 202403,32378.082.63$8,753
May 202402,96578.812.20$6,518
Apr 202402,64784.451.66$4,392
Mar 202402,93880.301.55$4,540
Feb 202402,65176.091.78$4,728
Jan 202401,63673.023.30$5,395
Dec 202302,59671.262.61$6,777
Nov 202302,74577.892.81$7,707
Oct 202302,70785.443.09$8,357
Sep 202303,13189.042.74$8,563
Aug 202303,98380.522.67$10,646
Jul 202303,50174.852.64$9,249
Jun 202303,59368.962.26$8,115
May 202303,63670.622.23$8,099
Apr 202303,69778.122.24$8,273
Mar 202303,55572.852.39$8,508
Feb 202302,57475.112.47$6,347
Jan 202303,08876.533.39$10,461
Dec 202202,06976.415.73$11,853
Nov 202202,10385.005.65$11,874
Oct 202202,63087.185.86$15,422
Sep 202203,41584.888.16$27,879
Aug 202203,58194.529.13$32,684
Jul 202203,500101.587.54$26,397
Jun 202203,410115.097.98$27,202
May 202203,690109.378.43$31,118
Apr 202203,050104.226.84$20,855
Mar 202202,923108.885.08$14,838
Feb 202202,69291.054.86$13,080
Jan 202203,53581.844.54$16,041
Dec 202103,75971.323.90$14,657
Nov 202103,58277.435.24$18,758
Oct 202103,95979.795.71$22,621
Sep 202102,38269.865.35$12,746
Aug 202103,94866.024.22$16,663
Jul 202103,37870.783.98$13,451
Jun 202102,93969.493.38$9,936
May 202103,25563.483.02$9,823
Apr 202103,39960.362.76$9,376
Mar 202103,62961.302.72$9,860
Feb 202102,56657.805.55$14,236
Jan 202103,89250.412.81$10,938
Dec 202003,50744.642.68$9,383
Nov 202003,51238.772.71$9,505
Oct 202003,76236.972.48$9,324
Sep 202003,87237.091.99$7,709
Aug 202003,50439.982.39$8,357
Jul 202003,50038.371.83$6,388
Jun 202003,82034.901.69$6,457
May 202004,09616.921.81$7,433
Apr 202003,78614.751.80$6,831
Mar 202004,07030.341.86$7,555
Feb 202003,66849.881.98$7,265
Jan 202004,01157.252.09$8,402
Dec 201903,93759.012.30$9,072
Nov 201903,88755.302.75$10,692
Oct 201903,97753.472.42$9,619
Sep 201904,44955.052.66$11,822
Aug 201904,37353.112.30$10,077
Jul 201903,51056.272.46$8,635
Jun 201903,35652.782.49$8,360
May 201903,64658.482.74$9,991
Apr 201903,84662.632.75$10,579
Mar 201904,33456.803.06$13,271
Feb 201903,87950.852.79$10,831
Jan 201904,28846.033.23$13,842
Dec 201804,26246.594.19$17,838
Nov 201804,10252.934.24$17,381
Oct 201804,50961.443.40$15,322
Sep 201804,30559.543.11$13,380
Aug 201804,43659.403.07$13,603
Jul 201804,10965.142.93$12,047
Jun 201803,67160.183.08$11,295
May 201803,75565.382.90$10,893
Apr 201804,20563.842.90$12,198
Mar 201804,48761.222.79$12,505
Feb 201804,08661.782.77$11,302
Jan 201803,91162.874.01$15,680
Dec 201703,95857.272.92$11,563
Nov 201704,53355.423.12$14,136
Oct 201704,20149.292.98$12,534
Sep 201704,29247.523.09$13,251
Aug 201704,26145.373.00$12,802
Jul 201704,83843.873.09$14,936
Jun 201705,07742.493.09$15,674
May 201704,32945.373.26$14,127
Apr 201706,38047.933.21$20,490
Mar 201706,72246.772.98$20,056
Feb 201706,17250.452.95$18,223
Jan 201706,58649.413.42$22,516
Dec 201605,90848.763.72$21,994
Nov 201605,00742.492.64$13,240
Oct 201606,16746.193.09$19,058
Sep 201605,52641.553.10$17,134
Aug 201605,69741.442.92$16,660
Jul 201604,90441.622.92$14,341
Jun 201605,23645.352.69$14,063
May 201605,67742.521.99$11,303
Apr 201605,49636.561.99$10,943
Mar 201605,71733.011.79$10,256
Feb 201605,35626.472.06$11,053
Jan 201605,68027.352.36$13,430
Dec 201505,42532.362.00$10,858
Nov 201505,65038.792.17$12,245
Oct 201505,56443.552.43$13,501
Sep 201505,57542.992.76$15,378
Aug 201505,81640.162.87$16,706
Jul 201506,01148.152.95$17,703
Jun 201506,02856.152.88$17,378
May 201506,08355.212.96$17,978
Apr 201506,07149.822.71$16,432
Mar 201506,42742.892.93$18,861
Feb 201505,70444.662.98$16,976
Jan 201506,22243.433.10$19,292
Dec 201406,04554.693.59$21,710
Nov 201406,43370.464.25$27,352
Oct 201406,46278.303.90$25,208
Sep 201406,79586.164.05$27,489
Aug 201406,95789.394.04$28,072
Jul 201406,80796.564.18$28,451
Jun 201407,16898.164.74$33,954
May 201407,04294.734.73$33,284
Apr 201407,11495.944.81$34,212
Mar 201407,72595.895.06$39,064
Feb 201406,90897.406.19$42,774
Jan 201408,25690.404.86$40,130
Dec 201306,99891.824.35$30,473
Nov 201307,84288.853.74$29,316
Oct 201308,06597.423.78$30,481
Sep 201307,637104.113.72$28,392
Aug 201308,101104.253.52$28,537
Jul 201308,619102.523.72$32,043
Jun 201308,53794.403.93$33,580
May 201309,13894.834.15$37,914
Apr 201309,42893.964.28$40,376
Mar 201308,29193.623.91$32,442
Feb 201308,10791.233.42$27,725
Jan 201309,98191.603.42$34,134
Dec 2012010,65286.773.42$36,432
Nov 201209,50786.953.62$34,462
Oct 2012014,01589.383.40$47,647
Sep 201205,11794.672.92$14,933
Aug 2012011,14992.662.91$32,423
Jul 2012011,32285.133.02$34,202
Jun 2012011,90579.822.52$29,989
May 2012012,15191.612.49$30,236
Apr 2012013,099101.652.00$26,156
Mar 2012014,152105.052.22$31,447
Feb 2012013,251101.102.57$34,058
Jan 2012014,50998.092.73$39,669
Dec 2011015,00796.873.24$48,619
Nov 2011015,21195.723.31$50,368
Oct 2011015,50184.983.65$56,556
Sep 2011015,37383.623.99$61,274
Aug 2011015,81983.404.15$65,638
Jul 2011016,74894.144.52$75,655
Jun 2011017,04892.904.64$79,101
May 2011018,15498.134.40$79,965
Apr 201117513,042105.964.33$75,058
Mar 201138,71496.364.06$35,645
Feb 2011014,37185.644.18$60,070
Jan 2011016,66486.504.59$76,467
Dec 2010018,07385.734.35$78,577
Nov 2010018,03880.843.80$68,460
Oct 2010015,31378.103.51$53,732
Sep 2010018,05972.633.98$71,865
Aug 2010020,17673.684.42$89,165
Jul 2010022,20372.554.74$105,164
Jun 2010024,42470.364.91$119,932
May 2010027,42171.124.24$116,134
Apr 2010230,53181.694.12$126,033
Mar 2010035,55478.394.39$156,035
Feb 2010229,33073.585.44$159,772
Jan 2010419,80074.365.96$118,386
Dec 2009019,79771.445.48$108,562
Nov 2009022,50574.593.75$84,428
Oct 2009025,27172.544.11$103,870
Sep 2009025,95365.543.06$79,539
Aug 2009029,03367.423.22$93,443
Jul 2009030,62361.133.46$106,093
Jun 2009032,61666.163.90$127,039
May 2009038,25854.743.93$150,191
Apr 20092241,52146.773.59$149,986
Mar 20092550,29342.144.06$205,193
Feb 20091353,82732.814.63$249,807
Jan 20093070,94635.865.37$382,127
Dec 2008088,40037.105.98$528,379
Nov 2008064,31055.496.86$441,190
Oct 20084023,13175.246.92$163,122

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                2,398 Mcf  × $  3.05 =     $7,304

────────────────────────────────────────────────────
Month total                                   $7,304

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/243023 is the state's own key, not one this site invented.