PERLITZ 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 251012District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Mar 2009 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
207
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 Gas112009-10-08195051
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
CondensateDisposition140 bbl$7,199
GasProduction1,474,738 Mcf$5,408,657
Total$5,415,856

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 31.4387, -96.2930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43866, -96.29299 · 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
13,950 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 13,950 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-293320711813,950 ftMar 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 (207)

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

207 months

May 202612,770106.413.05$8,543
Apr 202612,70498.932.87$7,859
Mar 202603,30989.753.15$10,422
Feb 202652,17463.503.75$8,471
Jan 202602,40759.138.00$19,251
Dec 202503,01656.664.41$13,311
Nov 202521,56858.593.93$6,274
Oct 202523,14359.383.30$10,506
Sep 202513,06762.743.08$9,500
Aug 202523,27063.933.01$9,986
Jul 202503,20266.743.32$10,615
Jun 202503,30666.483.13$10,344
May 202503,55260.553.23$11,481
Apr 202513,77562.363.54$13,438
Mar 202524,82367.704.27$20,722
Feb 202503,76370.884.34$16,335
Jan 202502,28074.324.28$9,755
Dec 20240768.993.12$22
Nov 20240069.052.20$0
Oct 202402,25271.372.28$5,138
Sep 202402,89069.612.36$6,833
Aug 202403,56775.632.06$7,361
Jul 202403,00779.932.15$6,455
Jun 202413,40778.082.63$9,052
May 202412,90378.812.20$6,461
Apr 202413,19584.451.66$5,386
Mar 202403,36980.301.55$5,206
Feb 202403,26676.091.78$5,825
Jan 202403,06573.023.30$10,107
Dec 202303,42871.262.61$8,950
Nov 202303,38177.892.81$9,492
Oct 202303,43585.443.09$10,605
Sep 202303,34489.042.74$9,146
Aug 202303,72180.522.67$9,946
Jul 202304,21574.852.64$11,135
Jun 202302,26368.962.26$5,111
May 202303,55370.622.23$7,914
Apr 202303,76378.122.24$8,421
Mar 202303,18672.852.39$7,625
Feb 202303,48775.112.47$8,598
Jan 202304,19976.533.39$14,225
Dec 202204,27776.415.73$24,503
Nov 202201,46885.005.65$8,289
Oct 202203,45587.185.86$20,259
Sep 202203,69584.888.16$30,165
Aug 202202,55994.529.13$23,356
Jul 202203,818101.587.54$28,796
Jun 202203,254115.097.98$25,958
May 202203,760109.378.43$31,708
Apr 202202,641104.226.84$18,058
Mar 202203,536108.885.08$17,950
Feb 202203,45191.054.86$16,768
Jan 202203,39681.844.54$15,410
Dec 202103,79571.323.90$14,797
Nov 202103,65377.435.24$19,130
Oct 202104,47279.795.71$25,552
Sep 202104,49869.865.35$24,068
Aug 202103,70066.024.22$15,616
Jul 202103,68770.783.98$14,682
Jun 202103,56369.493.38$12,045
May 202103,66963.483.02$11,072
Apr 202103,53160.362.76$9,740
Mar 202103,83761.302.72$10,425
Feb 202102,43257.805.55$13,493
Jan 202104,00850.412.81$11,264
Dec 202004,10644.642.68$10,985
Nov 202004,06938.772.71$11,013
Oct 202004,36236.972.48$10,811
Sep 202005,09237.091.99$10,138
Aug 202002,96539.982.39$7,072
Jul 202004,62638.371.83$8,443
Jun 202004,39834.901.69$7,434
May 202003,54516.921.81$6,433
Apr 202003,41814.751.80$6,167
Mar 202004,08030.341.86$7,573
Feb 202004,14649.881.98$8,212
Jan 202004,33857.252.09$9,087
Dec 201904,41159.012.30$10,165
Nov 201904,55655.302.75$12,532
Oct 201904,73253.472.42$11,445
Sep 201904,16555.052.66$11,068
Aug 201904,48853.112.30$10,342
Jul 201904,51056.272.46$11,095
Jun 201905,03952.782.49$12,553
May 201903,61558.482.74$9,906
Apr 201904,03062.632.75$11,085
Mar 201903,96556.803.06$12,141
Feb 201903,63250.852.79$10,141
Jan 201904,47146.033.23$14,433
Dec 201804,01846.594.19$16,817
Nov 201804,28652.934.24$18,161
Oct 201804,66061.443.40$15,835
Sep 201804,51959.543.11$14,045
Aug 201804,56259.403.07$13,990
Jul 201804,77565.142.93$14,000
Jun 201803,71060.183.08$11,415
May 201804,76765.382.90$13,828
Apr 201804,66363.842.90$13,526
Mar 201804,93761.222.79$13,759
Feb 201804,55561.782.77$12,600
Jan 201804,30462.874.01$17,256
Dec 201704,67457.272.92$13,655
Nov 201704,71955.423.12$14,716
Oct 201705,12149.292.98$15,279
Sep 201704,84447.523.09$14,955
Aug 201705,12945.373.00$15,410
Jul 201705,01143.873.09$15,470
Jun 201705,05042.493.09$15,591
May 201705,11145.373.26$16,679
Apr 201704,99747.933.21$16,048
Mar 201705,41546.772.98$16,157
Feb 201704,89650.452.95$14,456
Jan 201705,20149.413.42$17,781
Dec 201605,57548.763.72$20,755
Nov 201605,17142.492.64$13,674
Oct 201604,77546.193.09$14,756
Sep 201605,35041.553.10$16,588
Aug 201605,81941.442.92$17,017
Jul 201605,89241.622.92$17,230
Jun 201606,09045.352.69$16,357
May 201605,34142.521.99$10,634
Apr 201604,54736.561.99$9,053
Mar 201605,51533.011.79$9,894
Feb 201605,51326.472.06$11,377
Jan 201605,92527.352.36$14,009
Dec 201505,91132.362.00$11,830
Nov 201505,90138.792.17$12,789
Oct 201506,29043.552.43$15,263
Sep 201506,10642.992.76$16,843
Aug 201506,66740.162.87$19,151
Jul 201505,01648.152.95$14,773
Jun 201506,05756.152.88$17,461
May 201506,38955.212.96$18,882
Apr 201506,29249.822.71$17,030
Mar 201506,49242.892.93$19,052
Feb 201505,61544.662.98$16,711
Jan 201506,64943.433.10$20,616
Dec 201406,96954.693.59$25,028
Nov 201406,73970.464.25$28,653
Oct 201407,04778.303.90$27,490
Sep 201406,93686.164.05$28,059
Aug 201407,38389.394.04$29,791
Jul 201407,25596.564.18$30,323
Jun 201407,87698.164.74$37,308
May 201407,44494.734.73$35,185
Apr 201407,77395.944.81$37,381
Mar 201408,94095.895.06$45,208
Feb 201408,95397.406.19$55,437
Jan 201406,06290.404.86$29,466
Dec 201306,97291.824.35$30,359
Nov 201306,95588.853.74$26,000
Oct 201306,78097.423.78$25,624
Sep 201306,458104.113.72$24,009
Aug 201307,951104.253.52$28,008
Jul 201308,835102.523.72$32,846
Jun 2013010,18394.403.93$40,054
May 201301,96794.834.15$8,161
Apr 201306,32693.964.28$27,092
Mar 201305,91293.623.91$23,133
Feb 201306,77991.233.42$23,184
Jan 201307,20091.603.42$24,623
Dec 201208,06286.773.42$27,573
Nov 201207,35086.953.62$26,643
Oct 201209,76389.383.40$33,191
Sep 201209,03994.672.92$26,379
Aug 201208,17192.662.91$23,763
Jul 2012010,07085.133.02$30,419
Jun 2012010,07579.822.52$25,379
May 201209,96791.612.49$24,801
Apr 2012010,267101.652.00$20,501
Mar 2012110,829105.052.22$24,168
Feb 2012010,450101.102.57$26,859
Jan 2012011,57598.092.73$31,647
Dec 2011012,00296.873.24$38,883
Nov 2011011,98995.723.31$39,699
Oct 2011012,74084.983.65$46,482
Sep 2011012,77683.623.99$50,923
Aug 2011013,73483.404.15$56,987
Jul 2011014,69694.144.52$66,385
Jun 2011014,34692.904.64$66,564
May 2011016,65498.134.40$73,358
Apr 2011019,074105.964.33$82,653
Mar 2011115,51096.364.06$63,026
Feb 201106585.644.18$272
Jan 201109,54186.504.59$43,782
Dec 201009,66285.734.35$42,008
Nov 201009,97780.843.80$37,866
Oct 2010012,32478.103.51$43,244
Sep 2010013,80872.633.98$54,949
Aug 2010013,30473.684.42$58,795
Jul 2010015,77072.554.74$74,694
Jun 2010017,05770.364.91$83,757
May 2010011,75671.124.24$49,789
Apr 2010021,36281.694.12$88,069
Mar 2010025,71378.394.39$112,846
Feb 2010627,34573.585.44$149,263
Jan 2010420,06974.365.96$119,991
Dec 2009017,31071.445.48$94,924
Nov 2009019,50574.593.75$73,173
Oct 2009023,73172.544.11$97,540
Sep 2009024,20165.543.06$74,170
Aug 2009030,47167.423.22$98,071
Jul 2009029,92361.133.46$103,668
Jun 2009035,40266.163.90$137,891
May 2009046,31754.743.93$181,829
Apr 20096941,41046.773.59$151,786
Mar 2009395,11342.144.06$22,397

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             1 bbl  × $106.41 =       $106
Gas                2,770 Mcf  × $  3.05 =     $8,437

────────────────────────────────────────────────────
Month total                                   $8,543

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/251012 is the state's own key, not one this site invented.