MILSTEAD GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251018District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Aug 2008 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
214
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112009-10-08195056
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
CondensateDisposition27 bbl$1,558
GasProduction1,279,225 Mcf$5,253,080
Total$5,254,638

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 31.1980, -96.4393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.19801, -96.43934 · 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
13,462 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 13,462 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-39531288513,462 ftAug 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 (214)

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

214 months

May 202602,014106.413.05$6,134
Apr 202602,07998.932.87$5,966
Mar 202602,28389.753.15$7,190
Feb 202602,08763.503.75$7,827
Jan 202601,94959.138.00$15,588
Dec 202501,40756.664.41$6,210
Nov 202501,83058.593.93$7,185
Oct 202502,14859.383.30$7,099
Sep 202501,99562.743.08$6,138
Aug 202502,15863.933.01$6,506
Jul 202502,12566.743.32$7,045
Jun 202502,24066.483.13$7,008
May 202501,78860.553.23$5,779
Apr 202501,90362.363.54$6,743
Mar 202501,79567.704.27$7,662
Feb 202502,19470.884.34$9,524
Jan 202502,17774.324.28$9,315
Dec 202403,27268.993.12$10,213
Nov 202402,75169.052.20$6,048
Oct 202402,76171.372.28$6,299
Sep 2024064269.612.36$1,518
Aug 202402,60675.632.06$5,378
Jul 202403,24879.932.15$6,972
Jun 202403,56878.082.63$9,398
May 202405,37178.812.20$11,808
Apr 2024020184.451.66$334
Mar 2024045180.301.55$697
Feb 2024079676.091.78$1,420
Jan 2024095573.023.30$3,149
Dec 2023051871.262.61$1,352
Nov 2023063777.892.81$1,788
Oct 2023068385.443.09$2,109
Sep 2023077089.042.74$2,106
Aug 202302,86480.522.67$7,655
Jul 202302,06874.852.64$5,463
Jun 202303,07968.962.26$6,954
May 2023090370.622.23$2,011
Apr 202302,65978.122.24$5,950
Mar 2023081772.852.39$1,955
Feb 202303,00875.112.47$7,417
Jan 202301,53576.533.39$5,200
Dec 202203,46976.415.73$19,874
Nov 202201,03485.005.65$5,838
Oct 202202,42087.185.86$14,190
Sep 202202,74584.888.16$22,409
Aug 202201,67094.529.13$15,242
Jul 202202,676101.587.54$20,183
Jun 202203,818115.097.98$30,457
May 202201,222109.378.43$10,305
Apr 202203,080104.226.84$21,060
Mar 202203,783108.885.08$19,204
Feb 202202,65191.054.86$12,881
Jan 202201,56681.844.54$7,106
Dec 202102,47271.323.90$9,639
Nov 202101,44577.435.24$7,567
Oct 202103,57579.795.71$20,427
Sep 202101,59569.865.35$8,535
Aug 202103,01866.024.22$12,738
Jul 202103,19670.783.98$12,727
Jun 2021071269.493.38$2,407
May 2021052763.483.02$1,590
Apr 2021067860.362.76$1,870
Mar 2021063661.302.72$1,728
Feb 2021064857.805.55$3,595
Jan 202101,05750.412.81$2,970
Dec 2020082044.642.68$2,194
Nov 2020077938.772.71$2,108
Oct 202001,97636.972.48$4,897
Sep 202001,55337.091.99$3,092
Aug 202002,63539.982.39$6,285
Jul 202002,82938.371.83$5,163
Jun 202003,20834.901.69$5,423
May 202002,67316.921.81$4,851
Apr 202003,25714.751.80$5,877
Mar 202002,43230.341.86$4,514
Feb 202003,15449.881.98$6,247
Jan 202003,33057.252.09$6,975
Dec 201903,53359.012.30$8,141
Nov 201903,09955.302.75$8,524
Oct 201903,47953.472.42$8,414
Sep 201903,55655.052.66$9,449
Aug 201903,20953.112.30$7,395
Jul 201902,87956.272.46$7,083
Jun 201902,88352.782.49$7,182
May 201901,39058.482.74$3,809
Apr 201904,97562.632.75$13,685
Mar 201904,77956.803.06$14,634
Feb 201902,48350.852.79$6,933
Jan 201902,74246.033.23$8,852
Dec 201802,65946.594.19$11,129
Nov 201802,47752.934.24$10,496
Oct 201802,67861.443.40$9,100
Sep 201802,63359.543.11$8,183
Aug 201802,93959.403.07$9,013
Jul 201802,97965.142.93$8,734
Jun 201802,84060.183.08$8,738
May 201803,01265.382.90$8,737
Apr 201803,18263.842.90$9,230
Mar 201801,67661.222.79$4,671
Feb 201802,73361.782.77$7,560
Jan 201803,36362.874.01$13,483
Dec 201703,12957.272.92$9,141
Nov 201703,09155.423.12$9,639
Oct 201703,40749.292.98$10,165
Sep 201703,53047.523.09$10,898
Aug 201703,62945.373.00$10,903
Jul 201703,62643.873.09$11,194
Jun 201703,44942.493.09$10,648
May 201703,67845.373.26$12,003
Apr 201703,54447.933.21$11,382
Mar 201703,63646.772.98$10,849
Feb 201703,52050.452.95$10,393
Jan 201703,78749.413.42$12,947
Dec 201604,23548.763.72$15,766
Nov 201604,23042.492.64$11,186
Oct 201604,40546.193.09$13,613
Sep 201604,43741.553.10$13,758
Aug 201604,43941.442.92$12,981
Jul 201604,64741.622.92$13,589
Jun 201604,30445.352.69$11,560
May 201604,23842.521.99$8,438
Apr 201604,23836.561.99$8,438
Mar 201604,41433.011.79$7,919
Feb 201604,22626.472.06$8,721
Jan 201604,32827.352.36$10,233
Dec 201503,82332.362.00$7,651
Nov 201504,10938.792.17$8,906
Oct 201504,31143.552.43$10,461
Sep 201503,93842.992.76$10,863
Aug 201505,05440.162.87$14,518
Jul 201504,97448.152.95$14,649
Jun 201504,72156.152.88$13,610
May 201505,31755.212.96$15,714
Apr 201505,24849.822.71$14,204
Mar 201505,45542.892.93$16,009
Feb 201505,14244.662.98$15,304
Jan 201505,71743.433.10$17,726
Dec 201405,65454.693.59$20,306
Nov 201405,73370.464.25$24,376
Oct 201406,18778.303.90$24,135
Sep 201406,20086.164.05$25,082
Aug 201404,81489.394.04$19,425
Jul 201401,16196.564.18$4,853
Jun 201406,74498.164.74$31,946
May 201402,82994.734.73$13,371
Apr 201403,49495.944.81$16,803
Mar 201404,42395.895.06$22,366
Feb 201403,95597.406.19$24,489
Jan 201404,93690.404.86$23,993
Dec 201306,65591.824.35$28,979
Nov 201306,46988.853.74$24,183
Oct 201306,46297.423.78$24,422
Sep 201305,963104.113.72$22,169
Aug 201304,365104.253.52$15,376
Jul 201305,718102.523.72$21,258
Jun 201304,99494.403.93$19,643
May 201306,14494.834.15$25,492
Apr 201306,88593.964.28$29,486
Mar 201308,47993.623.91$33,177
Feb 201304,95791.233.42$16,952
Jan 201306,71991.603.42$22,978
Dec 201206,86186.773.42$23,466
Nov 201207,52586.953.62$27,278
Oct 201208,14689.383.40$27,694
Sep 201208,03294.672.92$23,441
Aug 201208,54492.662.91$24,847
Jul 201208,30385.133.02$25,082
Jun 201208,55679.822.52$21,553
May 201208,55591.612.49$21,288
Apr 201208,097101.652.00$16,168
Mar 201208,994105.052.22$19,985
Feb 201208,728101.102.57$22,433
Jan 201209,51298.092.73$26,007
Dec 201109,70996.873.24$31,455
Nov 201109,65395.723.31$31,964
Oct 2011010,26484.983.65$37,449
Sep 2011010,13883.623.99$40,408
Aug 2011010,88983.404.15$45,182
Jul 2011010,88294.144.52$49,157
Jun 2011010,85492.904.64$50,361
May 2011011,53098.134.40$50,788
Apr 2011011,355105.964.33$49,204
Mar 2011011,97896.364.06$48,599
Feb 2011010,41485.644.18$43,530
Jan 2011012,82186.504.59$58,833
Dec 2010012,77785.734.35$55,551
Nov 2010012,97280.843.80$49,233
Oct 2010013,58078.103.51$47,651
Sep 2010013,69672.633.98$54,503
Aug 2010014,64173.684.42$64,704
Jul 2010014,95372.554.74$70,825
Jun 2010014,97970.364.91$73,553
May 2010015,71371.124.24$66,548
Apr 2010015,92381.694.12$65,646
Mar 2010016,93878.394.39$74,335
Feb 2010015,50973.585.44$84,406
Jan 2010018,32174.365.96$109,268
Dec 2009014,60971.445.48$80,112
Nov 2009016,02074.593.75$60,099
Oct 2009015,35872.544.11$63,125
Sep 2009016,78265.543.06$51,433
Aug 2009017,89067.423.22$57,579
Jul 2009019,35161.133.46$67,042
Jun 2009016,93666.163.90$65,966
May 2009019,97454.743.93$78,413
Apr 2009018,93146.773.59$67,915
Mar 2009021,64642.144.06$87,861
Feb 2009221,42732.814.63$99,337
Jan 20091121,27335.865.37$114,652
Dec 2008023,92237.105.98$142,985
Nov 2008526,66055.496.86$183,175
Oct 2008534,11075.246.92$236,485
Sep 2008145,587101.767.88$359,195
Aug 200835,639114.228.48$48,178

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                2,014 Mcf  × $  3.05 =     $6,134

────────────────────────────────────────────────────
Month total                                   $6,134

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/251018 is the state's own key, not one this site invented.