STANDLEY GAS UNIT NO.2

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 248681District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Oct 2008 – May 2026
Value, last 12 filed months
$690
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 Gas112009-07-17193187
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
CondensateDisposition168 bbl$10,459
GasProduction618,507 Mcf$2,515,285
Total$2,525,744

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 31.4385, -96.3135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43848, -96.31354 · 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
13,785 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 13,785 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-293320531313,785 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025217866.483.13$690
May 2025262260.553.23$2,132
Apr 2025161062.363.54$2,224
Mar 2025063467.704.27$2,706
Feb 2025037070.884.34$1,606
Jan 2025260774.324.28$2,746
Dec 2024266668.993.12$2,217
Nov 2024065269.052.20$1,433
Oct 2024367471.372.28$1,752
Sep 2024163069.612.36$1,559
Aug 2024366575.632.06$1,599
Jul 2024363979.932.15$1,611
Jun 2024155578.082.63$1,540
May 2024220178.812.20$600
Apr 2024367584.451.66$1,373
Mar 2024068480.301.55$1,057
Feb 2024063876.091.78$1,138
Jan 2024271973.023.30$2,517
Dec 2023068771.262.61$1,794
Nov 2023064377.892.81$1,805
Oct 2023066785.443.09$2,059
Sep 2023061489.042.74$1,679
Aug 2023064680.522.67$1,727
Jul 2023062674.852.64$1,654
Jun 2023059568.962.26$1,344
May 2023067970.622.23$1,512
Apr 2023068078.122.24$1,522
Mar 2023069772.852.39$1,668
Feb 2023065775.112.47$1,620
Jan 2023073976.533.39$2,504
Dec 2022085676.415.73$4,904
Nov 2022074685.005.65$4,212
Oct 2022076887.185.86$4,503
Sep 2022075784.888.16$6,180
Aug 2022076394.529.13$6,964
Jul 20220754101.587.54$5,687
Jun 20220698115.097.98$5,568
May 20220678109.378.43$5,718
Apr 20220723104.226.84$4,944
Mar 20220765108.885.08$3,883
Feb 2022061791.054.86$2,998
Jan 2022073881.844.54$3,349
Dec 2021086871.323.90$3,384
Nov 2021084277.435.24$4,409
Oct 2021086279.795.71$4,925
Sep 2021070669.865.35$3,778
Aug 2021086166.024.22$3,634
Jul 2021088270.783.98$3,512
Jun 2021085469.493.38$2,887
May 2021085163.483.02$2,568
Apr 2021085360.362.76$2,353
Mar 2021096861.302.72$2,630
Feb 2021081357.805.55$4,510
Jan 202101,16550.412.81$3,274
Dec 202001,56044.642.68$4,174
Nov 202001,60938.772.71$4,355
Oct 202001,54936.972.48$3,839
Sep 202001,73337.091.99$3,450
Aug 202001,51839.982.39$3,621
Jul 202001,40438.371.83$2,562
Jun 202001,21634.901.69$2,055
May 202001,30516.921.81$2,368
Apr 202001,32714.751.80$2,394
Mar 202001,29930.341.86$2,411
Feb 202001,44249.881.98$2,856
Jan 202001,54157.252.09$3,228
Dec 201901,40459.012.30$3,235
Nov 201901,44055.302.75$3,961
Oct 201901,44353.472.42$3,490
Sep 201901,62355.052.66$4,313
Aug 201901,18653.112.30$2,733
Jul 201901,31756.272.46$3,240
Jun 201901,27652.782.49$3,179
May 201901,50758.482.74$4,130
Apr 201901,44562.632.75$3,975
Mar 201901,55156.803.06$4,749
Feb 201901,24550.852.79$3,476
Jan 201901,46046.033.23$4,713
Dec 201801,73946.594.19$7,278
Nov 201801,65252.934.24$7,000
Oct 201801,63361.443.40$5,549
Sep 201801,38059.543.11$4,289
Aug 201801,77459.403.07$5,440
Jul 201801,92865.142.93$5,653
Jun 201801,49060.183.08$4,585
May 201801,14365.382.90$3,316
Apr 201801,59263.842.90$4,618
Mar 201801,21261.222.79$3,378
Feb 201801,35061.782.77$3,734
Jan 201801,48262.874.01$5,942
Dec 201701,68957.272.92$4,934
Nov 201701,61055.423.12$5,021
Oct 201701,66449.292.98$4,965
Sep 201701,60747.523.09$4,961
Aug 201701,63745.373.00$4,918
Jul 201701,47443.873.09$4,551
Jun 201701,62642.493.09$5,020
May 201701,60245.373.26$5,228
Apr 201701,47747.933.21$4,744
Mar 201701,71646.772.98$5,120
Feb 201701,54550.452.95$4,562
Jan 201701,73549.413.42$5,932
Dec 201601,75148.763.72$6,519
Nov 201601,73242.492.64$4,580
Oct 201601,79946.193.09$5,559
Sep 201601,77241.553.10$5,494
Aug 201601,92141.442.92$5,618
Jul 201602,17741.622.92$6,366
Jun 201602,29745.352.69$6,169
May 201601,97342.521.99$3,928
Apr 201601,91036.561.99$3,803
Mar 201601,96233.011.79$3,520
Feb 201601,82526.472.06$3,766
Jan 201601,96927.352.36$4,655
Dec 201502,01832.362.00$4,039
Nov 201502,00638.792.17$4,348
Oct 201501,62243.552.43$3,936
Sep 201502,34542.992.76$6,468
Aug 201502,57840.162.87$7,405
Jul 201502,52048.152.95$7,422
Jun 201502,27456.152.88$6,556
May 201502,18855.212.96$6,467
Apr 201502,10349.822.71$5,692
Mar 201502,19342.892.93$6,436
Feb 201502,01844.662.98$6,006
Jan 201502,26543.433.10$7,023
Dec 201402,31554.693.59$8,314
Nov 201402,18670.464.25$9,295
Oct 201402,35178.303.90$9,171
Sep 201402,37986.164.05$9,624
Aug 201402,52189.394.04$10,173
Jul 201402,30996.564.18$9,651
Jun 201402,40298.164.74$11,378
May 201402,82294.734.73$13,338
Apr 201402,92795.944.81$14,076
Mar 201402,66295.895.06$13,461
Feb 201402,32097.406.19$14,365
Jan 201402,45690.404.86$11,938
Dec 201302,58291.824.35$11,243
Nov 201302,18088.853.74$8,149
Oct 201302,34797.423.78$8,870
Sep 201302,974104.113.72$11,057
Aug 201302,671104.253.52$9,409
Jul 201302,943102.523.72$10,941
Jun 201302,67694.403.93$10,526
May 201302,90794.834.15$12,061
Apr 201302,85093.964.28$12,205
Mar 201303,03293.623.91$11,864
Feb 201302,72891.233.42$9,330
Jan 201303,12491.603.42$10,684
Dec 201203,09486.773.42$10,582
Nov 201203,12586.953.62$11,328
Oct 201203,27689.383.40$11,137
Sep 201203,16094.672.92$9,222
Aug 201204,02392.662.91$11,700
Jul 201203,90585.133.02$11,796
Jun 201203,42279.822.52$8,620
May 201203,79891.612.49$9,451
Apr 201203,915101.652.00$7,817
Mar 201203,575105.052.22$7,944
Feb 201203,056101.102.57$7,855
Jan 201205,35298.092.73$14,633
Dec 201105,41996.873.24$17,556
Nov 201105,20495.723.31$17,232
Oct 201105,37184.983.65$19,596
Sep 201104,49583.623.99$17,916
Aug 201105,62283.404.15$23,327
Jul 201105,26894.144.52$23,797
Jun 201104,48292.904.64$20,796
May 201104,56898.134.40$20,121
Apr 201104,703105.964.33$20,379
Mar 201105,18996.364.06$21,054
Feb 201104,84485.644.18$20,248
Jan 201105,91186.504.59$27,124
Dec 201005,50685.734.35$23,939
Nov 201006,23780.843.80$23,671
Oct 201006,75278.103.51$23,692
Sep 201006,26772.633.98$24,939
Aug 201008,15273.684.42$36,027
Jul 201008,56772.554.74$40,578
Jun 201007,35670.364.91$36,121
May 201006,79971.124.24$28,795
Apr 201006,83081.694.12$28,158
Mar 201017,96778.394.39$35,043
Feb 201007,69673.585.44$41,884
Jan 201038,82574.365.96$52,856
Dec 2009010,03371.445.48$55,018
Nov 2009011,67674.593.75$43,803
Oct 2009014,76972.544.11$60,704
Sep 200907,76665.543.06$23,801
Aug 200905,98867.423.22$19,272
Jul 200907,14361.133.46$24,747
Jun 200918,12666.163.90$31,717
May 2009010,06554.743.93$39,513
Apr 2009412,10046.773.59$43,596
Mar 2009915,79042.144.06$64,471
Feb 2009717,50732.814.63$81,340
Jan 2009922,04935.865.37$118,748
Dec 2008032,40437.105.98$193,683
Nov 20085427,13955.496.86$189,180
Oct 2008532,44575.246.92$20,912

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.

Jun 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 66.48 =       $133
Gas                  178 Mcf  × $  3.13 =       $557

────────────────────────────────────────────────────
Month total                                     $690

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/248681 is the state's own key, not one this site invented.