STANDLEY GAS UNIT NO. 2

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 251705District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
May 2009 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
205
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 Gas112009-10-22195321
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
CondensateDisposition686 bbl$45,475
GasProduction833,793 Mcf$3,155,358
Total$3,200,832

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 31.4251, -96.3047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42514, -96.30470 · 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
13,826 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 13,826 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-293322171513,826 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 202601,347106.413.05$4,103
Apr 202601,28798.932.87$3,693
Mar 202601,30389.753.15$4,104
Feb 202601,11763.503.75$4,189
Jan 202601,26359.138.00$10,101
Dec 202501,13856.664.41$5,022
Nov 2025097858.593.93$3,840
Oct 202501,31259.383.30$4,336
Sep 202501,23462.743.08$3,797
Aug 202501,33663.933.01$4,028
Jul 202501,41166.743.32$4,678
Jun 202501,30866.483.13$4,092
May 202501,39960.553.23$4,522
Apr 202501,16162.363.54$4,114
Mar 202501,03467.704.27$4,413
Feb 202501,12870.884.34$4,896
Jan 202501,00874.324.28$4,313
Dec 2024080368.993.12$2,506
Nov 2024070969.052.20$1,559
Oct 2024077971.372.28$1,777
Sep 2024072469.612.36$1,712
Aug 202401,78475.632.06$3,682
Jul 202401,20579.932.15$2,587
Jun 2024058078.082.63$1,528
May 2024074078.812.20$1,627
Apr 2024095884.451.66$1,590
Mar 2024051980.301.55$802
Feb 2024040276.091.78$717
Jan 202401,19473.023.30$3,937
Dec 202301,19771.262.61$3,125
Nov 2023080477.892.81$2,257
Oct 2023056385.443.09$1,738
Sep 202301,02589.042.74$2,803
Aug 2023049580.522.67$1,323
Jul 2023026474.852.64$697
Jun 2023027968.962.26$630
May 2023039470.622.23$878
Apr 2023035178.122.24$785
Mar 2023025572.852.39$610
Feb 2023029975.112.47$737
Jan 2023030776.533.39$1,040
Dec 2022028976.415.73$1,656
Nov 2022057185.005.65$3,224
Oct 2022078887.185.86$4,621
Sep 2022058484.888.16$4,768
Aug 2022034294.529.13$3,121
Jul 20220899101.587.54$6,780
Jun 20220721115.097.98$5,752
May 20220843109.378.43$7,109
Apr 20220765104.226.84$5,231
Mar 20220901108.885.08$4,574
Feb 2022093291.054.86$4,528
Jan 2022083381.844.54$3,780
Dec 202101,15771.323.90$4,511
Nov 202101,29477.435.24$6,776
Oct 202101,12079.795.71$6,400
Sep 202101,66769.865.35$8,920
Aug 202102,28466.024.22$9,640
Jul 202101,81770.783.98$7,235
Jun 202101,44269.493.38$4,875
May 202101,20763.483.02$3,642
Apr 202101,15060.362.76$3,172
Mar 202101,13461.302.72$3,081
Feb 2021067157.805.55$3,723
Jan 202101,00450.412.81$2,822
Dec 2020094944.642.68$2,539
Nov 2020085738.772.71$2,320
Oct 202001,14936.972.48$2,848
Sep 202001,21237.091.99$2,413
Aug 202001,30639.982.39$3,115
Jul 202001,08738.371.83$1,984
Jun 202001,32134.901.69$2,233
May 2020094616.921.81$1,717
Apr 202003,04314.751.80$5,491
Mar 202003,01130.341.86$5,589
Feb 202002,36949.881.98$4,692
Jan 202002,09257.252.09$4,382
Dec 201901,58859.012.30$3,659
Nov 201901,44855.302.75$3,983
Oct 201901,77353.472.42$4,288
Sep 201902,02155.052.66$5,370
Aug 201901,58453.112.30$3,650
Jul 201902,30456.272.46$5,668
Jun 201902,22452.782.49$5,540
May 201901,68258.482.74$4,609
Apr 201901,13962.632.75$3,133
Mar 201901,78156.803.06$5,454
Feb 201901,64250.852.79$4,585
Jan 201901,26846.033.23$4,093
Dec 201801,24746.594.19$5,219
Nov 201801,14852.934.24$4,864
Oct 201801,20461.443.40$4,091
Sep 2018097559.543.11$3,030
Aug 2018080659.403.07$2,472
Jul 2018092765.142.93$2,718
Jun 201801,25960.183.08$3,874
May 201801,91265.382.90$5,546
Apr 201802,50763.842.90$7,272
Mar 201802,50361.222.79$6,975
Feb 201802,24061.782.77$6,196
Jan 201802,27962.874.01$9,137
Dec 201702,59957.272.92$7,593
Nov 201702,71355.423.12$8,460
Oct 20171192,84449.292.98$14,351
Sep 201702,74947.523.09$8,487
Aug 201702,76845.373.00$8,316
Jul 201702,27143.873.09$7,011
Jun 201702,57142.493.09$7,937
May 201702,09145.373.26$6,824
Apr 201701,38447.933.21$4,445
Mar 201701,68446.772.98$5,025
Feb 201701,53950.452.95$4,544
Jan 201703,35949.413.42$11,484
Dec 201603,23648.763.72$12,047
Nov 201603,19342.492.64$8,443
Oct 201603,22046.193.09$9,951
Sep 201602,84741.553.10$8,827
Aug 201602,70841.442.92$7,919
Jul 201602,32641.622.92$6,802
Jun 201602,00445.352.69$5,382
May 201602,08642.521.99$4,153
Apr 201603,70136.561.99$7,369
Mar 201603,65933.011.79$6,564
Feb 201603,30926.472.06$6,829
Jan 201603,37827.352.36$7,987
Dec 201502,36532.362.00$4,733
Nov 201502,77338.792.17$6,010
Oct 201503,49443.552.43$8,478
Sep 201503,39342.992.76$9,359
Aug 201503,46040.162.87$9,939
Jul 201503,38848.152.95$9,978
Jun 201503,00456.152.88$8,660
May 201502,78355.212.96$8,225
Apr 201503,26049.822.71$8,823
Mar 201503,22242.892.93$9,456
Feb 201502,77044.662.98$8,244
Jan 201502,81743.433.10$8,734
Dec 201402,99554.693.59$10,756
Nov 201403,11570.464.25$13,244
Oct 201403,97478.303.90$15,502
Sep 201403,69586.164.05$14,948
Aug 201403,59389.394.04$14,498
Jul 201403,78396.564.18$15,811
Jun 201403,30998.164.74$15,674
May 201403,51994.734.73$16,633
Apr 201404,09695.944.81$19,698
Mar 201404,21695.895.06$21,319
Feb 201403,47397.406.19$21,505
Jan 201403,47390.404.86$16,881
Dec 201303,13191.824.35$13,634
Nov 201303,68588.853.74$13,776
Oct 201304,29197.423.78$16,217
Sep 201304,198104.113.72$15,607
Aug 201303,958104.253.52$13,942
Jul 201304,280102.523.72$15,912
Jun 201304,08994.403.93$16,084
May 201304,49494.834.15$18,646
Apr 201303,91993.964.28$16,783
Mar 201304,62793.623.91$18,105
Feb 201304,12191.233.42$14,093
Jan 201304,42091.603.42$15,116
Dec 201204,25486.773.42$14,549
Nov 201204,45186.953.62$16,135
Oct 201204,53089.383.40$15,401
Sep 201204,45594.672.92$13,001
Aug 201205,18492.662.91$15,076
Jul 201205,40385.133.02$16,321
Jun 201206,37979.822.52$16,069
May 201206,50491.612.49$16,184
Apr 201206,697101.652.00$13,373
Mar 201206,840105.052.22$15,199
Feb 201206,119101.102.57$15,727
Jan 201206,78498.092.73$18,548
Dec 201106,82896.873.24$22,121
Nov 201107,37895.723.31$24,431
Oct 201108,32484.983.65$30,370
Sep 201109,00783.623.99$35,900
Aug 2011010,40383.404.15$43,165
Jul 201109,43294.144.52$42,607
Jun 201107,65792.904.64$35,528
May 201116,12898.134.40$27,091
Apr 201104,091105.964.33$17,727
Mar 201105,78896.364.06$23,484
Feb 201103,87485.644.18$16,193
Jan 201108,30986.504.59$38,128
Dec 2010013,01085.734.35$56,564
Nov 2010010,58880.843.80$40,185
Oct 201009,41778.103.51$33,043
Sep 2010010,38072.633.98$41,307
Aug 2010014,00573.684.42$61,893
Jul 2010012,43972.554.74$58,917
Jun 201018312,91570.364.91$76,294
May 2010117,86271.124.24$75,721
Apr 2010024,64981.694.12$101,620
Mar 2010029,07178.394.39$127,583
Feb 2010324,67873.585.44$134,527
Jan 20101030,04474.365.96$179,929
Dec 200918214,00371.445.48$89,791
Nov 200906,69274.593.75$25,105
Oct 2009013,50872.544.11$55,521
Sep 2009017,94465.543.06$54,994
Aug 200918331,48267.423.22$113,663
Jul 2009136,01561.133.46$124,835
Jun 2009326,27466.163.90$102,536
May 200909,96454.743.93$39,116

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                1,347 Mcf  × $  3.05 =     $4,103

────────────────────────────────────────────────────
Month total                                   $4,103

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/251705 is the state's own key, not one this site invented.