BOYD-PICKETT 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 247798District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Jan 2009 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
209
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 Gas112009-06-26192546
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
CondensateDisposition127 bbl$6,817
GasProduction1,793,378 Mcf$6,840,950
Total$6,847,766

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 31.6443, -96.2300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64435, -96.23001 · 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
12,578 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 12,578 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-161342581012,578 ftJan 2009

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 (209)

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

209 months

May 202623,072106.413.05$9,570
Apr 202632,45998.932.87$7,353
Mar 202612,56289.753.15$8,159
Feb 202612,22163.503.75$8,393
Jan 202631,90059.138.00$15,373
Dec 202512,58256.664.41$11,452
Nov 202502,64658.593.93$10,389
Oct 202522,61759.383.30$8,768
Sep 202502,29462.743.08$7,058
Aug 202522,85863.933.01$8,744
Jul 202512,81466.743.32$9,396
Jun 202512,72266.483.13$8,583
May 202512,10660.553.23$6,868
Apr 202512,25762.363.54$8,059
Mar 202533,07567.704.27$13,328
Feb 202502,52170.884.34$10,943
Jan 202533,39374.324.28$14,741
Dec 202434,17568.993.12$13,239
Nov 202403,67869.052.20$8,086
Oct 202413,87271.372.28$8,905
Sep 202413,68869.612.36$8,789
Aug 202413,99075.632.06$8,310
Jul 202423,73279.932.15$8,171
Jun 202433,40078.082.63$9,190
May 202413,05578.812.20$6,795
Apr 202413,35784.451.66$5,654
Mar 202403,70480.301.55$5,723
Feb 202403,06676.091.78$5,469
Jan 202442,70673.023.30$9,216
Dec 202305,02671.262.61$13,121
Nov 202303,98677.892.81$11,191
Oct 202301,82285.443.09$5,625
Sep 202303,38789.042.74$9,264
Aug 202302,96680.522.67$7,928
Jul 202303,96474.852.64$10,472
Jun 202303,82368.962.26$8,634
May 202304,06870.622.23$9,061
Apr 202304,33778.122.24$9,705
Mar 202304,49272.852.39$10,750
Feb 202304,37475.112.47$10,785
Jan 202304,89776.533.39$16,590
Dec 202204,89576.415.73$28,044
Nov 202204,76985.005.65$26,927
Oct 202204,75387.185.86$27,870
Sep 202205,60784.888.16$45,774
Aug 202205,38894.529.13$49,177
Jul 202206,177101.587.54$46,587
Jun 202206,251115.097.98$49,865
May 202207,530109.378.43$63,501
Apr 202207,718104.226.84$52,773
Mar 202205,902108.885.08$29,961
Feb 202202,71891.054.86$13,206
Jan 202204,18381.844.54$18,981
Dec 202103,60571.323.90$14,056
Nov 202103,28377.435.24$17,193
Oct 202103,81579.795.71$21,798
Sep 202104,01469.865.35$21,479
Aug 202102,30066.024.22$9,707
Jul 202101,04770.783.98$4,169
Jun 202103,39369.493.38$11,470
May 202105,05063.483.02$15,239
Apr 202106,23460.362.76$17,196
Mar 202107,03561.302.72$19,114
Feb 202104,57157.805.55$25,360
Jan 2021010,30850.412.81$28,968
Dec 2020014,17344.642.68$37,919
Nov 202007,26138.772.71$19,652
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020057938.371.83$1,057
Jun 202001,47934.901.69$2,500
May 2020063116.921.81$1,145
Apr 202001,98114.751.80$3,574
Mar 202003,23130.341.86$5,997
Feb 202003,10449.881.98$6,148
Jan 202003,57757.252.09$7,493
Dec 201903,58459.012.30$8,259
Nov 201903,55355.302.75$9,773
Oct 201903,67753.472.42$8,893
Sep 201903,32355.052.66$8,830
Aug 201901,37053.112.30$3,157
Jul 2019080456.272.46$1,978
Jun 2019073752.782.49$1,836
May 201901,78258.482.74$4,883
Apr 201901,87862.632.75$5,166
Mar 201902,21656.803.06$6,786
Feb 201902,00150.852.79$5,587
Jan 201902,90446.033.23$9,375
Dec 201803,13046.594.19$13,100
Nov 201803,18952.934.24$13,513
Oct 201802,54461.443.40$8,645
Sep 201803,05159.543.11$9,483
Aug 201803,71959.403.07$11,405
Jul 201804,25065.142.93$12,460
Jun 201802,15560.183.08$6,631
May 201802,24165.382.90$6,501
Apr 201804,71263.842.90$13,669
Mar 201804,62261.222.79$12,881
Feb 201803,76761.782.77$10,420
Jan 201804,39462.874.01$17,617
Dec 201703,72857.272.92$10,891
Nov 201705,63855.423.12$17,581
Oct 201705,81949.292.98$17,362
Sep 201705,41247.523.09$16,708
Aug 201705,41445.373.00$16,266
Jul 201705,25643.873.09$16,227
Jun 201704,90142.493.09$15,131
May 201705,15445.373.26$16,820
Apr 201705,42147.933.21$17,410
Mar 201706,04846.772.98$18,045
Feb 201705,86650.452.95$17,320
Jan 201705,78049.413.42$19,761
Dec 201605,49548.763.72$20,457
Nov 201604,83742.492.64$12,791
Oct 201606,49146.193.09$20,059
Sep 201607,63841.553.10$23,683
Aug 201607,29141.442.92$21,321
Jul 201609,52641.622.92$27,857
Jun 201608,71745.352.69$23,412
May 201605,26042.521.99$10,473
Apr 201605,08736.561.99$10,128
Mar 201605,94233.011.79$10,660
Feb 201606,68026.472.06$13,785
Jan 201608,30627.352.36$19,638
Dec 201509,98832.362.00$19,990
Nov 2015010,02538.792.17$21,727
Oct 2015010,93043.552.43$26,523
Sep 2015210,23842.992.76$28,327
Aug 2015012,52340.162.87$35,972
Jul 201502,33448.152.95$6,874
Jun 201503,47956.152.88$10,029
May 201503,34055.212.96$9,871
Apr 201504,76849.822.71$12,905
Mar 201505,38442.892.93$15,800
Feb 201505,43444.662.98$16,173
Jan 201506,66843.433.10$20,675
Dec 201408,56854.693.59$30,771
Nov 201408,32670.464.25$35,401
Oct 201408,54578.303.90$33,334
Sep 2014010,22086.164.05$41,344
Aug 201401,49089.394.04$6,012
Jul 20140096.564.18$0
Jun 201402,70798.164.74$12,823
May 201407,48694.734.73$35,383
Apr 201408,30895.944.81$39,954
Mar 201408,84895.895.06$44,743
Feb 201407,82797.406.19$48,465
Jan 201409,06990.404.86$44,082
Dec 201308,91891.824.35$38,833
Nov 201308,67488.853.74$32,426
Oct 201308,64097.423.78$32,654
Sep 201309,190104.113.72$34,166
Aug 201309,640104.253.52$33,958
Jul 2013010,021102.523.72$37,255
Jun 201309,70794.403.93$38,182
May 2013010,03994.834.15$41,653
Apr 2013010,28293.964.28$44,034
Mar 2013010,31393.623.91$40,353
Feb 2013010,21691.233.42$34,938
Jan 2013011,48291.603.42$39,267
Dec 2012010,95986.773.42$37,482
Nov 201209,23786.953.62$33,484
Oct 2012010,42789.383.40$35,448
Sep 201205,03294.672.92$14,685
Aug 201209,62492.662.91$27,988
Jul 2012010,18785.133.02$30,773
Jun 2012010,23279.822.52$25,775
May 2012011,18491.612.49$27,829
Apr 2012011,477101.652.00$22,917
Mar 2012012,684105.052.22$28,185
Feb 2012011,978101.102.57$30,786
Jan 2012011,77098.092.73$32,180
Dec 2011011,33796.873.24$36,729
Nov 2011011,59995.723.31$38,408
Oct 2011013,89684.983.65$50,700
Sep 2011014,57883.623.99$58,105
Aug 2011215,06783.404.15$62,685
Jul 2011215,64694.144.52$70,865
Jun 2011215,51292.904.64$72,160
May 2011017,34098.134.40$76,380
Apr 2011017,362105.964.33$75,234
Mar 2011018,23096.364.06$73,965
Feb 2011017,49385.644.18$73,120
Jan 2011020,15786.504.59$92,496
Dec 2010020,20785.734.35$87,855
Nov 2010020,76880.843.80$78,821
Oct 2010025,09278.103.51$88,045
Sep 2010026,92372.633.98$107,139
Aug 2010024,97873.684.42$110,387
Jul 2010016,41872.554.74$77,764
Jun 2010017,96470.364.91$88,210
May 2010021,09871.124.24$89,355
Apr 2010020,72281.694.12$85,430
Mar 2010223,15578.394.39$101,776
Feb 2010222,50273.585.44$122,611
Jan 2010126,27874.365.96$156,799
Dec 2009020,44871.445.48$112,132
Nov 2009022,66674.593.75$85,032
Oct 2009029,48672.544.11$121,195
Sep 2009130,62365.543.06$93,917
Aug 2009032,69167.423.22$105,216
Jul 2009137,31761.133.46$129,346
Jun 2009034,28166.163.90$133,525
May 2009039,41654.743.93$154,737
Apr 2009042,04746.773.59$150,844
Mar 20093142,84142.144.06$175,198
Feb 20093953,58532.814.63$249,539
Jan 2009039,70135.865.37$213,234

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             2 bbl  × $106.41 =       $213
Gas                3,072 Mcf  × $  3.05 =     $9,357

────────────────────────────────────────────────────
Month total                                   $9,570

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/247798 is the state's own key, not one this site invented.