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PICKETT #1 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 251403District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
May 2009 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
205
no gaps in the span
Streams
2
condensate, gas

The TEAGUE (CV-BOSSIER CONS.) field

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 Gas112009-10-15195238
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
CondensateDisposition38 bbl$3,139
GasProduction669,050 Mcf$2,515,163
Total$2,518,302

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 31.6459, -96.2013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64590, -96.20129 · 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
12,693 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 12,693 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-161343291312,693 ftMay 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 (205)

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

205 months

May 20262849106.413.05$2,799
Apr 202621,01798.932.87$3,116
Mar 202621,29789.753.15$4,264
Feb 2026297663.503.75$3,787
Jan 2026196959.138.00$7,809
Dec 202501,00156.664.41$4,418
Nov 2025086858.593.93$3,408
Oct 202511,12859.383.30$3,787
Sep 202501,47162.743.08$4,526
Aug 2025072363.933.01$2,180
Jul 2025032766.743.32$1,084
Jun 2025012766.483.13$397
May 2025018460.553.23$595
Apr 2025016862.363.54$595
Mar 2025017967.704.27$764
Feb 2025041870.884.34$1,814
Jan 2025080774.324.28$3,453
Dec 202401,25268.993.12$3,908
Nov 202401,35769.052.20$2,983
Oct 2024048471.372.28$1,104
Sep 2024061769.612.36$1,459
Aug 2024072875.632.06$1,502
Jul 202401,21179.932.15$2,600
Jun 202401,09778.082.63$2,889
May 202401,33378.812.20$2,931
Apr 202411,06484.451.66$1,850
Mar 202401,33880.301.55$2,067
Feb 2024070676.091.78$1,259
Jan 202401,23873.023.30$4,083
Dec 2023043471.262.61$1,133
Nov 2023078777.892.81$2,210
Oct 2023083185.443.09$2,566
Sep 202301,17389.042.74$3,208
Aug 2023099880.522.67$2,668
Jul 202301,57874.852.64$4,169
Jun 202301,05268.962.26$2,376
May 2023087370.622.23$1,945
Apr 202301,38478.122.24$3,097
Mar 2023099072.852.39$2,369
Feb 2023065675.112.47$1,617
Jan 2023068576.533.39$2,321
Dec 202201,28576.415.73$7,362
Nov 202201,20385.005.65$6,792
Oct 202201,97787.185.86$11,593
Sep 2022078884.888.16$6,433
Aug 2022066394.529.13$6,051
Jul 202201,580101.587.54$11,916
Jun 202201,492115.097.98$11,902
May 202201,372109.378.43$11,570
Apr 20220926104.226.84$6,332
Mar 20220835108.885.08$4,239
Feb 202201,03491.054.86$5,024
Jan 2022063181.844.54$2,863
Dec 2021092971.323.90$3,622
Nov 202101,26277.435.24$6,609
Oct 202101,64679.795.71$9,405
Sep 202101,02969.865.35$5,506
Aug 202101,02066.024.22$4,305
Jul 2021062170.783.98$2,473
Jun 2021076169.493.38$2,573
May 2021096863.483.02$2,921
Apr 202101,23660.362.76$3,409
Mar 202101,50561.302.72$4,089
Feb 2021085557.805.55$4,744
Jan 202101,18750.412.81$3,336
Dec 202001,11944.642.68$2,994
Nov 202001,32738.772.71$3,592
Oct 202001,34936.972.48$3,343
Sep 202001,34637.091.99$2,680
Aug 202001,35639.982.39$3,234
Jul 202001,56738.371.83$2,860
Jun 202001,49034.901.69$2,519
May 202001,34116.921.81$2,434
Apr 202001,23714.751.80$2,232
Mar 202001,22630.341.86$2,276
Feb 202001,40749.881.98$2,787
Jan 202001,43457.252.09$3,004
Dec 201901,73959.012.30$4,007
Nov 201901,16955.302.75$3,216
Oct 201901,40253.472.42$3,391
Sep 201901,80455.052.66$4,794
Aug 201901,43153.112.30$3,298
Jul 201902,11256.272.46$5,196
Jun 201901,57152.782.49$3,914
May 201901,17758.482.74$3,225
Apr 201901,53162.632.75$4,211
Mar 201901,59056.803.06$4,869
Feb 201901,94450.852.79$5,428
Jan 201901,97846.033.23$6,385
Dec 201801,91346.594.19$8,007
Nov 201801,39352.934.24$5,902
Oct 201801,38061.443.40$4,689
Sep 201801,65859.543.11$5,153
Aug 201801,73959.403.07$5,333
Jul 201801,78765.142.93$5,239
Jun 201801,93160.183.08$5,942
May 201802,15165.382.90$6,240
Apr 201801,73663.842.90$5,036
Mar 201801,74661.222.79$4,866
Feb 201801,53561.782.77$4,246
Jan 201801,64962.874.01$6,611
Dec 201701,55157.272.92$4,531
Nov 201702,06055.423.12$6,424
Oct 201702,24949.292.98$6,710
Sep 201702,39647.523.09$7,397
Aug 201702,59645.373.00$7,799
Jul 201701,95343.873.09$6,029
Jun 201702,01342.493.09$6,215
May 201701,91545.373.26$6,249
Apr 201701,74747.933.21$5,611
Mar 201702,13046.772.98$6,355
Feb 201701,89150.452.95$5,583
Jan 201701,75349.413.42$5,993
Dec 201602,10448.763.72$7,833
Nov 201603,61742.492.64$9,565
Oct 201601,82646.193.09$5,643
Sep 201601,95841.553.10$6,071
Aug 201601,42241.442.92$4,158
Jul 201602,90341.622.92$8,489
Jun 201601,12245.352.69$3,014
May 201603,54942.521.99$7,066
Apr 201601,37736.561.99$2,742
Mar 201601,44633.011.79$2,594
Feb 201602,08626.472.06$4,305
Jan 201601,26427.352.36$2,989
Dec 201501,24832.362.00$2,498
Nov 201501,86938.792.17$4,051
Oct 201501,75943.552.43$4,268
Sep 201512,48742.992.76$6,903
Aug 201502,01740.162.87$5,794
Jul 201501,96548.152.95$5,787
Jun 201502,20856.152.88$6,365
May 201502,49355.212.96$7,368
Apr 201502,32549.822.71$6,293
Mar 201502,34642.892.93$6,885
Feb 201502,35744.662.98$7,015
Jan 201502,60643.433.10$8,080
Dec 201402,18554.693.59$7,847
Nov 201402,71070.464.25$11,522
Oct 201402,64478.303.90$10,314
Sep 201403,09986.164.05$12,537
Aug 201402,36489.394.04$9,539
Jul 201402,86796.564.18$11,983
Jun 201402,82198.164.74$13,363
May 201402,72994.734.73$12,899
Apr 201402,80895.944.81$13,504
Mar 201402,89595.895.06$14,639
Feb 201402,73597.406.19$16,935
Jan 201402,98790.404.86$14,519
Dec 201302,82791.824.35$12,310
Nov 201303,27888.853.74$12,254
Oct 201303,43497.423.78$12,978
Sep 201303,672104.113.72$13,652
Aug 201303,659104.253.52$12,889
Jul 201303,516102.523.72$13,072
Jun 201303,48294.403.93$13,696
May 201303,38794.834.15$14,053
Apr 201303,38593.964.28$14,497
Mar 201303,62293.623.91$14,172
Feb 201303,67091.233.42$12,551
Jan 201303,93491.603.42$13,454
Dec 201203,96586.773.42$13,561
Nov 201204,23186.953.62$15,337
Oct 201204,68389.383.40$15,921
Sep 201203,20494.672.92$9,351
Aug 201204,15792.662.91$12,089
Jul 201204,32385.133.02$13,059
Jun 201204,21679.822.52$10,620
May 201204,22491.612.49$10,511
Apr 201204,135101.652.00$8,257
Mar 201204,538105.052.22$10,084
Feb 201204,381101.102.57$11,260
Jan 201204,92598.092.73$13,465
Dec 201105,11796.873.24$16,578
Nov 201105,17295.723.31$17,126
Oct 201105,74084.983.65$20,943
Sep 201106,04083.623.99$24,074
Aug 201135,08483.404.15$21,345
Jul 201136,41094.144.52$29,238
Jun 201156,37092.904.64$30,021
May 201116,72198.134.40$29,703
Apr 201106,766105.964.33$29,319
Mar 201117,38096.364.06$30,040
Feb 201116,71385.644.18$28,146
Jan 201118,11286.504.59$37,311
Dec 201007,93885.734.35$34,512
Nov 201008,57180.843.80$32,530
Oct 201008,96678.103.51$31,461
Sep 201009,82372.633.98$39,090
Aug 201007,96173.684.42$35,183
Jul 2010010,35272.554.74$49,032
Jun 2010010,59970.364.91$52,045
May 2010010,29671.124.24$43,606
Apr 2010110,62481.694.12$43,881
Mar 2010511,36478.394.39$50,265
Feb 2010110,78573.585.44$58,769
Jan 2010015,94474.365.96$95,091
Dec 2009015,67871.445.48$85,974
Nov 2009015,13774.593.75$56,786
Oct 2009014,04972.544.11$57,745
Sep 2009018,59665.543.06$56,992
Aug 2009022,34967.423.22$71,930
Jul 2009026,01561.133.46$90,129
Jun 2009438,63366.163.90$150,740
May 20090054.743.93$0

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                  849 Mcf  × $  3.05 =     $2,586

────────────────────────────────────────────────────
Month total                                   $2,799

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/251403 is the state's own key, not one this site invented.