PHILLIPS "A" #1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243443District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Oct 2008 – May 2026
Value, last 12 filed months
$32 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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112009-01-20188742
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
CondensateDisposition599 bbl$39,937
GasProduction874,044 Mcf$3,529,478
Total$3,569,415

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 31.4383, -96.3093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43829, -96.30934 · 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
13,900 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 13,900 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-293320411813,900 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 20260736106.413.05$2,242
Apr 2026061098.932.87$1,751
Mar 2026067989.753.15$2,138
Feb 2026064663.503.75$2,423
Jan 2026063959.138.00$5,111
Dec 2025078756.664.41$3,473
Nov 2025071758.593.93$2,815
Oct 2025077659.383.30$2,565
Sep 2025076662.743.08$2,357
Aug 2025076963.933.01$2,318
Jul 2025084066.743.32$2,785
Jun 2025177666.483.13$2,494
May 2025185660.553.23$2,827
Apr 2025082962.363.54$2,937
Mar 2025088667.704.27$3,782
Feb 2025076670.884.34$3,325
Jan 2025195374.324.28$4,152
Dec 2024194868.993.12$3,028
Nov 2024092669.052.20$2,036
Oct 2024196971.372.28$2,282
Sep 2024093569.612.36$2,211
Aug 2024195175.632.06$2,038
Jul 202411,01479.932.15$2,257
Jun 202401,14778.082.63$3,021
May 202411,24278.812.20$2,809
Apr 2024183984.451.66$1,477
Mar 2024084580.301.55$1,306
Feb 2024081276.091.78$1,448
Jan 2024189873.023.30$3,034
Dec 2023089371.262.61$2,331
Nov 2023070577.892.81$1,979
Oct 2023072485.443.09$2,235
Sep 2023062289.042.74$1,701
Aug 2023090280.522.67$2,411
Jul 2023099074.852.64$2,615
Jun 202301,41968.962.26$3,205
May 2023067270.622.23$1,497
Apr 2023078878.122.24$1,763
Mar 202301,85072.852.39$4,427
Feb 2023094275.112.47$2,323
Jan 2023082076.533.39$2,778
Dec 202201,63176.415.73$9,344
Nov 202201,49185.005.65$8,418
Oct 202201,24587.185.86$7,300
Sep 202201,62884.888.16$13,290
Aug 202201,86594.529.13$17,022
Jul 202201,494101.587.54$11,268
Jun 202201,677115.097.98$13,378
May 202201,314109.378.43$11,081
Apr 202201,386104.226.84$9,477
Mar 202201,292108.885.08$6,559
Feb 202202,01891.054.86$9,805
Jan 202201,55081.844.54$7,033
Dec 202102,20671.323.90$8,601
Nov 202101,96877.435.24$10,306
Oct 202101,93279.795.71$11,039
Sep 202101,74569.865.35$9,337
Aug 202101,61166.024.22$6,799
Jul 202102,01170.783.98$8,008
Jun 202101,89869.493.38$6,416
May 202102,07863.483.02$6,271
Apr 202101,71860.362.76$4,739
Mar 202102,04661.302.72$5,559
Feb 202101,59857.805.55$8,866
Jan 202102,36550.412.81$6,646
Dec 202001,86444.642.68$4,987
Nov 202001,67638.772.71$4,536
Oct 202001,94836.972.48$4,828
Sep 202002,45637.091.99$4,890
Aug 202001,51839.982.39$3,621
Jul 202001,15538.371.83$2,108
Jun 202001,02634.901.69$1,734
May 202001,09316.921.81$1,984
Apr 202002,09714.751.80$3,784
Mar 202001,13630.341.86$2,109
Feb 202001,82049.881.98$3,605
Jan 202002,22057.252.09$4,650
Dec 201902,20559.012.30$5,081
Nov 201902,29355.302.75$6,307
Oct 201902,23453.472.42$5,403
Sep 201902,33555.052.66$6,205
Aug 201902,36753.112.30$5,454
Jul 201901,99756.272.46$4,913
Jun 201902,19852.782.49$5,476
May 201901,67058.482.74$4,576
Apr 201902,06662.632.75$5,683
Mar 201902,23856.803.06$6,853
Feb 201902,19950.852.79$6,140
Jan 201902,41246.033.23$7,786
Dec 201802,56646.594.19$10,740
Nov 201802,57052.934.24$10,890
Oct 201802,54061.443.40$8,631
Sep 201802,18959.543.11$6,803
Aug 201802,96159.403.07$9,080
Jul 201803,18265.142.93$9,329
Jun 201802,01160.183.08$6,188
May 20181713,19965.382.90$20,460
Apr 201801,95363.842.90$5,665
Mar 201801,89961.222.79$5,292
Feb 201802,90161.782.77$8,025
Jan 201802,89262.874.01$11,595
Dec 201706,13257.272.92$17,915
Nov 2017093955.423.12$2,928
Oct 201701,20949.292.98$3,607
Sep 201701,27347.523.09$3,930
Aug 201701,36345.373.00$4,095
Jul 201701,17643.873.09$3,631
Jun 201701,49042.493.09$4,600
May 201701,57645.373.26$5,143
Apr 201701,72547.933.21$5,540
Mar 2017056346.772.98$1,680
Feb 201701,67950.452.95$4,957
Jan 201701,17349.413.42$4,010
Dec 201602,79748.763.72$10,413
Nov 201603,23942.492.64$8,565
Oct 201603,03446.193.09$9,376
Sep 201603,10841.553.10$9,637
Aug 201603,29941.442.92$9,647
Jul 201603,25341.622.92$9,513
Jun 201602,96145.352.69$7,953
May 201603,29742.521.99$6,564
Apr 201603,22736.561.99$6,425
Mar 201603,37033.011.79$6,046
Feb 201603,18926.472.06$6,581
Jan 201603,41327.352.36$8,070
Dec 201503,45332.362.00$6,911
Nov 201503,39138.792.17$7,349
Oct 201503,54043.552.43$8,590
Sep 201503,45742.992.76$9,536
Aug 201503,57940.162.87$10,281
Jul 201503,61848.152.95$10,655
Jun 201503,51556.152.88$10,133
May 201503,66755.212.96$10,838
Apr 201503,58049.822.71$9,690
Mar 201503,73342.892.93$10,955
Feb 201503,42444.662.98$10,190
Jan 201503,84543.433.10$11,922
Dec 201403,81554.693.59$13,701
Nov 201403,73170.464.25$15,864
Oct 201403,98378.303.90$15,538
Sep 201403,91086.164.05$15,818
Aug 201404,08289.394.04$16,471
Jul 201404,05796.564.18$16,957
Jun 201403,96998.164.74$18,801
May 201404,15794.734.73$19,648
Apr 201403,94195.944.81$18,953
Mar 201404,20195.895.06$21,244
Feb 201403,85897.406.19$23,889
Jan 201404,35090.404.86$21,144
Dec 201304,20091.824.35$18,289
Nov 201304,45088.853.74$16,635
Oct 201304,66697.423.78$17,634
Sep 201304,590104.113.72$17,064
Aug 201304,804104.253.52$16,923
Jul 201304,911102.523.72$18,258
Jun 201304,70894.403.93$18,518
May 201305,05294.834.15$20,961
Apr 201304,90493.964.28$21,002
Mar 201304,38893.623.91$17,170
Feb 201303,65091.233.42$12,483
Jan 201304,37191.603.42$14,948
Dec 201204,46286.773.42$15,261
Nov 201204,41086.953.62$15,986
Oct 201204,64989.383.40$15,805
Sep 201204,56794.672.92$13,328
Aug 201204,78792.662.91$13,921
Jul 201204,88185.133.02$14,745
Jun 201204,82879.822.52$12,162
May 201205,01591.612.49$12,479
Apr 201204,900101.652.00$9,784
Mar 201205,161105.052.22$11,468
Feb 201204,985101.102.57$12,813
Jan 201205,54898.092.73$15,169
Dec 201105,53196.873.24$17,919
Nov 201105,57095.723.31$18,444
Oct 201105,89784.983.65$21,515
Sep 201105,80083.623.99$23,118
Aug 201105,76783.404.15$23,929
Jul 201106,18294.144.52$27,926
Jun 201106,12492.904.64$28,415
May 201106,49498.134.40$28,605
Apr 201106,371105.964.33$27,607
Mar 201106,75396.364.06$27,399
Feb 201106,13285.644.18$25,632
Jan 201107,17286.504.59$32,911
Dec 201007,31685.734.35$31,808
Nov 201007,33480.843.80$27,835
Oct 201007,76078.103.51$27,229
Sep 201007,84172.633.98$31,203
Aug 201008,35573.684.42$36,924
Jul 20101878,69272.554.74$54,736
Jun 201008,70470.364.91$42,740
May 201009,32571.124.24$39,493
Apr 201009,38281.694.12$38,679
Mar 2010010,14378.394.39$44,514
Feb 201039,53973.585.44$52,135
Jan 2010411,03374.365.96$66,099
Dec 2009011,67871.445.48$64,039
Nov 2009011,97674.593.75$44,928
Oct 2009013,32472.544.11$54,765
Sep 2009013,18665.543.06$40,412
Aug 2009015,26367.423.22$49,124
Jul 2009016,84061.133.46$58,342
Jun 2009018,85666.163.90$73,444
May 2009021,78254.743.93$85,511
Apr 2009515,37146.773.59$55,377
Mar 2009817,10642.144.06$69,770
Feb 2009717,61132.814.63$81,821
Jan 2009821,02135.865.37$113,191
Dec 2008026,93137.105.98$160,970
Nov 20089637,60955.496.86$263,338
Oct 200810019,30875.246.92$141,174

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                  736 Mcf  × $  3.05 =     $2,242

────────────────────────────────────────────────────
Month total                                   $2,242

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/243443 is the state's own key, not one this site invented.