GEORGE FULTON GAS UNIT NO. 1

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 250920District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Feb 2009 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
208
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 Gas112009-09-29194941
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
CondensateDisposition786 bbl$58,163
GasProduction1,022,949 Mcf$3,969,455
Total$4,027,618

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 31.4754, -96.2396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47545, -96.23960 · 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
13,100 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 13,100 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-16134101713,100 ftFeb 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 (208)

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

208 months

May 20260251106.413.05$765
Apr 2026030598.932.87$875
Mar 2026023289.753.15$731
Feb 2026023763.503.75$889
Jan 2026026559.138.00$2,119
Dec 2025027556.664.41$1,214
Nov 2025023758.593.93$931
Oct 2025024859.383.30$820
Sep 2025023362.743.08$717
Aug 2025024363.933.01$733
Jul 2025030766.743.32$1,018
Jun 2025021866.483.13$682
May 2025025960.553.23$837
Apr 2025032362.363.54$1,144
Mar 2025020867.704.27$888
Feb 2025025070.884.34$1,085
Jan 2025033074.324.28$1,412
Dec 2024024568.993.12$765
Nov 2024028669.052.20$629
Oct 2024019071.372.28$433
Sep 2024027969.612.36$660
Aug 2024032275.632.06$664
Jul 2024025879.932.15$554
Jun 2024023278.082.63$611
May 2024030078.812.20$660
Apr 2024030784.451.66$509
Mar 2024023780.301.55$366
Feb 2024028376.091.78$505
Jan 20241933473.023.30$2,489
Dec 2023018971.262.61$493
Nov 2023030377.892.81$851
Oct 2023031485.443.09$969
Sep 2023028189.042.74$769
Aug 2023031780.522.67$847
Jul 2023040174.852.64$1,059
Jun 2023041268.962.26$930
May 2023042970.622.23$956
Apr 202303878.122.24$85
Mar 2023051672.852.39$1,235
Feb 202304775.112.47$116
Jan 2023012876.533.39$434
Dec 2022017576.415.73$1,003
Nov 202209985.005.65$559
Oct 2022017987.185.86$1,050
Sep 2022010284.888.16$833
Aug 202209094.529.13$821
Jul 2022079101.587.54$596
Jun 20220189115.097.98$1,508
May 20220670109.378.43$5,650
Apr 202202,368104.226.84$16,191
Mar 202202,748108.885.08$13,950
Feb 2022012991.054.86$627
Jan 202209681.844.54$436
Dec 2021016971.323.90$659
Nov 202109277.435.24$482
Oct 2021017179.795.71$977
Sep 2021016469.865.35$878
Aug 2021013566.024.22$570
Jul 2021012470.783.98$494
Jun 202107069.493.38$237
May 202109963.483.02$299
Apr 2021034260.362.76$943
Mar 202102,07461.302.72$5,635
Feb 202106457.805.55$355
Jan 2021010750.412.81$301
Dec 2020043244.642.68$1,156
Nov 2020011038.772.71$298
Oct 20208221636.972.48$3,567
Sep 2020017237.091.99$342
Aug 202009439.982.39$224
Jul 2020011938.371.83$217
Jun 2020052334.901.69$884
May 202007816.921.81$142
Apr 2020017614.751.80$318
Mar 2020022830.341.86$423
Feb 202008649.881.98$170
Jan 2020014357.252.09$300
Dec 201903059.012.30$69
Nov 201909555.302.75$261
Oct 2019019453.472.42$469
Sep 2019014855.052.66$393
Aug 2019033053.112.30$760
Jul 201901,29056.272.46$3,173
Jun 2019045152.782.49$1,124
May 2019029958.482.74$819
Apr 2019058662.632.75$1,612
Mar 201902,21956.803.06$6,795
Feb 201901,09150.852.79$3,046
Jan 2019019746.033.23$636
Dec 2018041846.594.19$1,750
Nov 201801,55752.934.24$6,597
Oct 201801,20961.443.40$4,108
Sep 201801,71859.543.11$5,340
Aug 201801,22459.403.07$3,753
Jul 201801,15365.142.93$3,380
Jun 201801,63360.183.08$5,025
May 201801,33165.382.90$3,861
Apr 201802,77363.842.90$8,044
Mar 201801,06561.222.79$2,968
Feb 201801,55961.782.77$4,312
Jan 201803,46962.874.01$13,908
Dec 201702,15157.272.92$6,284
Nov 2017074755.423.12$2,329
Oct 2017078249.292.98$2,333
Sep 2017092747.523.09$2,862
Aug 201701,51245.373.00$4,543
Jul 201702,31643.873.09$7,150
Jun 201702,40142.493.09$7,413
May 201703,08145.373.26$10,055
Apr 201702,21447.933.21$7,110
Mar 201702,24546.772.98$6,698
Feb 201702,12750.452.95$6,280
Jan 201701,78249.413.42$6,092
Dec 201602,00648.763.72$7,468
Nov 201602,90842.492.64$7,690
Oct 201603,20146.193.09$9,892
Sep 201603,53141.553.10$10,948
Aug 201603,58341.442.92$10,478
Jul 201603,71641.622.92$10,867
Jun 201604,11945.352.69$11,063
May 201602,75642.521.99$5,487
Apr 201601,82036.561.99$3,624
Mar 201602,89233.011.79$5,188
Feb 201603,11826.472.06$6,434
Jan 201602,29127.352.36$5,417
Dec 201502,69132.362.00$5,386
Nov 201502,33738.792.17$5,065
Oct 201502,92643.552.43$7,100
Sep 201503,55042.992.76$9,792
Aug 201503,80440.162.87$10,927
Jul 201504,19648.152.95$12,358
Jun 201503,50656.152.88$10,107
May 201503,46055.212.96$10,226
Apr 201503,45849.822.71$9,359
Mar 201503,64942.892.93$10,709
Feb 201503,39644.662.98$10,107
Jan 201503,99743.433.10$12,393
Dec 201404,23954.693.59$15,224
Nov 201403,78570.464.25$16,093
Oct 201404,28278.303.90$16,704
Sep 201403,96886.164.05$16,052
Aug 201405,35689.394.04$21,612
Jul 201405,04596.564.18$21,086
Jun 201405,22598.164.74$24,750
May 201405,45094.734.73$25,760
Apr 201405,70695.944.81$27,441
Mar 201405,97995.895.06$30,235
Feb 201405,86997.406.19$36,341
Jan 201403,71490.404.86$18,053
Dec 201303,17991.824.35$13,843
Nov 201305,68388.853.74$21,245
Oct 201304,77397.423.78$18,039
Sep 201305,965104.113.72$22,176
Aug 201306,959104.253.52$24,514
Jul 201305,270102.523.72$19,592
Jun 201306,46194.403.93$25,414
May 201307,15494.834.15$29,683
Apr 201305,16393.964.28$22,111
Mar 201304,61293.623.91$18,046
Feb 201305,26191.233.42$17,992
Jan 201307,37991.603.42$25,236
Dec 201207,80486.773.42$26,691
Nov 201206,20686.953.62$22,497
Oct 201207,16689.383.40$24,362
Sep 201207,19094.672.92$20,983
Aug 201207,62792.662.91$22,181
Jul 201208,83885.133.02$26,698
Jun 201209,95979.822.52$25,087
May 201206,75691.612.49$16,811
Apr 201208,681101.652.00$17,334
Mar 20121899,997105.052.22$42,069
Feb 201209,838101.102.57$25,286
Jan 2012010,57398.092.73$28,907
Dec 201119,23996.873.24$30,029
Nov 2011110,88295.723.31$36,129
Oct 2011011,29084.983.65$41,192
Sep 2011011,60383.623.99$46,247
Aug 2011011,18283.404.15$46,398
Jul 2011013,10494.144.52$59,194
Jun 2011012,18792.904.64$56,546
May 2011014,68098.134.40$64,663
Apr 2011110,882105.964.33$47,261
Mar 201108,08096.364.06$32,783
Feb 2011010,34285.644.18$43,229
Jan 2011014,41286.504.59$66,134
Dec 2010013,33885.734.35$57,990
Nov 2010014,20080.843.80$53,894
Oct 201018215,56078.103.51$68,813
Sep 2010014,99672.633.98$59,676
Aug 2010017,08473.684.42$75,500
Jul 2010017,45572.554.74$82,675
Jun 2010017,32970.364.91$85,092
May 2010019,24271.124.24$81,494
Apr 2010018,98481.694.12$78,265
Mar 2010021,16578.394.39$92,886
Feb 2010820,23073.585.44$110,688
Jan 201018624,19874.365.96$158,150
Dec 2009026,46771.445.48$145,138
Nov 2009030,00774.593.75$112,571
Oct 2009037,18172.544.11$152,823
Sep 2009020,08465.543.06$61,552
Aug 2009012,57567.423.22$40,473
Jul 2009027,10761.133.46$93,912
Jun 20090066.163.90$0
May 2009029,21154.743.93$114,675
Apr 20093640,21546.773.59$145,955
Mar 20096660,79442.144.06$249,544
Feb 20091511,31632.814.63$52,919

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                  251 Mcf  × $  3.05 =       $765

────────────────────────────────────────────────────
Month total                                     $765

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/250920 is the state's own key, not one this site invented.