CAPPS NO. 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 251463District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
Apr 2009 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
206
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 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 Gas112010-05-10198074
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
CondensateDisposition108 bbl$5,355
GasProduction1,439,862 Mcf$5,422,122
Total$5,427,477

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 31.7430, -96.1337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74296, -96.13365 · 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
12,515 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 12,515 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-161339933H12,515 ftJan 2013

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 (206)

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

206 months

May 20260439106.413.05$1,337
Apr 2026042098.932.87$1,205
Mar 2026042589.753.15$1,339
Feb 2026061663.503.75$2,310
Jan 2026048059.138.00$3,839
Dec 202507056.664.41$309
Nov 2025019858.593.93$777
Oct 2025023159.383.30$763
Sep 2025055762.743.08$1,714
Aug 2025049563.933.01$1,492
Jul 2025051566.743.32$1,707
Jun 2025044166.483.13$1,380
May 2025046160.553.23$1,490
Apr 2025045862.363.54$1,623
Mar 2025078067.704.27$3,329
Feb 202501,00770.884.34$4,371
Jan 2025024074.324.28$1,027
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240271.372.28$5
Sep 20240369.612.36$7
Aug 20240175.632.06$2
Jul 202401279.932.15$26
Jun 2024014178.082.63$371
May 2024013178.812.20$288
Apr 2024093284.451.66$1,546
Mar 202402380.301.55$36
Feb 202403576.091.78$62
Jan 202407773.023.30$254
Dec 202301,11271.262.61$2,903
Nov 202301277.892.81$34
Oct 2023040285.443.09$1,241
Sep 2023047789.042.74$1,305
Aug 2023041880.522.67$1,117
Jul 2023044474.852.64$1,173
Jun 2023065968.962.26$1,488
May 2023076870.622.23$1,711
Apr 2023080378.122.24$1,797
Mar 2023098372.852.39$2,352
Feb 2023028775.112.47$708
Jan 2023067876.533.39$2,297
Dec 2022089476.415.73$5,122
Nov 2022096185.005.65$5,426
Oct 2022050487.185.86$2,955
Sep 2022089084.888.16$7,266
Aug 202201,07094.529.13$9,766
Jul 202202,964101.587.54$22,355
Jun 202201,707115.097.98$13,617
May 202202,191109.378.43$18,477
Apr 202202,124104.226.84$14,523
Mar 202202,749108.885.08$13,955
Feb 202201,73791.054.86$8,440
Jan 202203,08981.844.54$14,017
Dec 202101,77571.323.90$6,921
Nov 202103,48977.435.24$18,271
Oct 202103,64079.795.71$20,798
Sep 202103,68669.865.35$19,723
Aug 202101,80266.024.22$7,606
Jul 202102,43570.783.98$9,696
Jun 202102,82169.493.38$9,537
May 202102,91963.483.02$8,809
Apr 202102,88660.362.76$7,961
Mar 202103,52861.302.72$9,585
Feb 202101,89057.805.55$10,486
Jan 202103,12150.412.81$8,771
Dec 202002,42944.642.68$6,499
Nov 202001,48738.772.71$4,025
Oct 202002,05536.972.48$5,093
Sep 202003,68337.091.99$7,333
Aug 202003,18339.982.39$7,592
Jul 202003,25338.371.83$5,937
Jun 202003,33234.901.69$5,632
May 202002,70816.921.81$4,914
Apr 202003,62414.751.80$6,539
Mar 202003,49130.341.86$6,480
Feb 202003,58949.881.98$7,109
Jan 202003,48157.252.09$7,292
Dec 201904,42959.012.30$10,206
Nov 201904,52655.302.75$12,450
Oct 201904,06453.472.42$9,829
Sep 201901,67455.052.66$4,448
Aug 201902,84853.112.30$6,563
Jul 201902,90056.272.46$7,134
Jun 201902,58752.782.49$6,445
May 201902,66058.482.74$7,289
Apr 201902,73862.632.75$7,531
Mar 201902,01456.803.06$6,167
Feb 201901,67150.852.79$4,666
Jan 201902,54646.033.23$8,219
Dec 201803,87446.594.19$16,214
Nov 201801,89552.934.24$8,030
Oct 201803,18161.443.40$10,809
Sep 201803,21959.543.11$10,005
Aug 201803,56059.403.07$10,917
Jul 201804,24365.142.93$12,440
Jun 201804,35760.183.08$13,406
May 201804,21265.382.90$12,218
Apr 201804,29663.842.90$12,462
Mar 201804,52461.222.79$12,608
Feb 201804,25161.782.77$11,759
Jan 201804,11462.874.01$16,494
Dec 201705,38257.272.92$15,724
Nov 201704,79755.423.12$14,959
Oct 201704,49649.292.98$13,415
Sep 201704,85547.523.09$14,989
Aug 201704,76945.373.00$14,328
Jul 201704,76943.873.09$14,723
Jun 201705,61742.493.09$17,341
May 201705,86045.373.26$19,124
Apr 201706,06547.933.21$19,478
Mar 201704,95746.772.98$14,790
Feb 201705,63850.452.95$16,647
Jan 201707,00449.413.42$23,945
Dec 201605,25548.763.72$19,563
Nov 201605,63542.492.64$14,901
Oct 201606,09246.193.09$18,826
Sep 201605,65341.553.10$17,528
Aug 201606,37141.442.92$18,631
Jul 201606,87941.622.92$20,117
Jun 201606,14545.352.69$16,504
May 201606,32542.521.99$12,593
Apr 201606,90936.561.99$13,756
Mar 201607,28433.011.79$13,068
Feb 201606,82626.472.06$14,086
Jan 201608,99227.352.36$21,260
Dec 201507,94532.362.00$15,901
Nov 201501,48738.792.17$3,223
Oct 201507,71243.552.43$18,714
Sep 201508,39542.992.76$23,157
Aug 201506,66640.162.87$19,148
Jul 201509,59548.152.95$28,258
Jun 201508,41556.152.88$24,259
May 201509,53055.212.96$28,165
Apr 201509,76649.822.71$26,432
Mar 2015010,77742.892.93$31,627
Feb 201509,76244.662.98$29,054
Jan 2015012,46443.433.10$38,646
Dec 2014010,88854.693.59$39,103
Nov 2014012,55470.464.25$53,378
Oct 2014010,34778.303.90$40,363
Sep 2014012,64686.164.05$51,159
Aug 2014014,12589.394.04$56,996
Jul 2014015,83896.564.18$66,197
Jun 2014016,18198.164.74$76,647
May 2014020,15194.734.73$95,245
Apr 2014020,33795.944.81$97,803
Mar 2014021,47495.895.06$108,590
Feb 2014021,00997.406.19$130,088
Jan 2014023,35690.404.86$113,527
Dec 2013025,43191.824.35$110,739
Nov 2013026,10688.853.74$97,592
Oct 2013027,36697.423.78$103,426
Sep 2013032,314104.113.72$120,135
Aug 2013034,067104.253.52$120,005
Jul 2013037,306102.523.72$138,694
Jun 2013029,76894.403.93$117,090
May 2013016,49594.834.15$68,439
Apr 20130293.964.28$9
Mar 2013012,88393.623.91$50,410
Feb 2013018,01591.233.42$61,610
Jan 2013016,86491.603.42$57,673
Dec 201202,43186.773.42$8,314
Nov 201205,44686.953.62$19,742
Oct 201206,48389.383.40$22,040
Sep 201207,83094.672.92$22,851
Aug 20120092.662.91$0
Jul 2012011385.133.02$341
Jun 201201,71879.822.52$4,328
May 201204,97591.612.49$12,379
Apr 201205,602101.652.00$11,186
Mar 201205,311105.052.22$11,801
Feb 201204,167101.102.57$10,710
Jan 201205,74298.092.73$15,699
Dec 201106,67096.873.24$21,609
Nov 201107,29995.723.31$24,169
Oct 201105,09984.983.65$18,604
Sep 201105,35983.623.99$21,360
Aug 201106,20783.404.15$25,755
Jul 201105,89694.144.52$26,634
Jun 201105,25792.904.64$24,392
May 201105,70698.134.40$25,134
Apr 201105,475105.964.33$23,725
Mar 201106,84696.364.06$27,777
Feb 201101,00985.644.18$4,218
Jan 201105,42886.504.59$24,908
Dec 201006,22785.734.35$27,073
Nov 201001,72280.843.80$6,536
Oct 201001,73578.103.51$6,088
Sep 201008,28472.633.98$32,966
Aug 2010313,26873.684.42$58,857
Jul 2010012,05372.554.74$57,089
Jun 2010014,22070.364.91$69,826
May 2010016,08471.124.24$68,119
Apr 2010015,64781.694.12$64,508
Mar 2010117,59578.394.39$77,297
Feb 2010118,10473.585.44$98,602
Jan 2010020,40674.365.96$121,703
Dec 2009224,17471.445.48$132,707
Nov 2009025,19674.593.75$94,523
Oct 2009032,39672.544.11$133,156
Sep 2009033,50265.543.06$102,675
Aug 2009026,47167.423.22$85,197
Jul 2009848,79061.133.46$169,522
Jun 2009073,92266.163.90$287,926
May 200904,99354.743.93$19,601
Apr 20099358946.773.59$6,463

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                  439 Mcf  × $  3.05 =     $1,337

────────────────────────────────────────────────────
Month total                                   $1,337

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/251463 is the state's own key, not one this site invented.