PICKETT 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 252114District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$837 k
May 2009 – May 2026
Value, last 12 filed months
$0
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 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 Gas112009-11-12195600
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
CondensateDisposition19 bbl$1,533
GasProduction228,933 Mcf$835,287
Total$836,820

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 31.6518, -96.1919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65182, -96.19192 · 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
12,825 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 12,825 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-161343391412,825 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202106169.493.38$206
May 202105663.483.02$169
Apr 2021013460.362.76$370
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202005636.972.48$139
Sep 202008937.091.99$177
Aug 202009039.982.39$215
Jul 2020013238.371.83$241
Jun 202004834.901.69$81
May 202008216.921.81$149
Apr 202009014.751.80$162
Mar 2020013230.341.86$245
Feb 2020096349.881.98$1,907
Jan 2020053957.252.09$1,129
Dec 2019092859.012.30$2,138
Nov 201901,36955.302.75$3,766
Oct 2019077953.472.42$1,884
Sep 201901,41555.052.66$3,760
Aug 201901,56153.112.30$3,597
Jul 2019050756.272.46$1,247
Jun 2019067852.782.49$1,689
May 201901,07858.482.74$2,954
Apr 201901,09662.632.75$3,015
Mar 201901,33856.803.06$4,097
Feb 201901,07250.852.79$2,993
Jan 201901,46346.033.23$4,723
Dec 201801,63346.594.19$6,835
Nov 2018087252.934.24$3,695
Oct 2018077561.443.40$2,634
Sep 201801,17159.543.11$3,639
Aug 201801,07159.403.07$3,284
Jul 201801,31165.142.93$3,844
Jun 201801,33860.183.08$4,117
May 201801,53965.382.90$4,464
Apr 201801,62463.842.90$4,711
Mar 201801,51561.222.79$4,222
Feb 2018032461.782.77$896
Jan 2018076962.874.01$3,083
Dec 2017063357.272.92$1,849
Nov 2017090155.423.12$2,810
Oct 2017073349.292.98$2,187
Sep 2017085847.523.09$2,649
Aug 2017053245.373.00$1,598
Jul 2017087843.873.09$2,711
Jun 2017092342.493.09$2,850
May 2017079545.373.26$2,594
Apr 201701,08347.933.21$3,478
Mar 201701,42646.772.98$4,255
Feb 201701,44150.452.95$4,255
Jan 201701,12549.413.42$3,846
Dec 201604948.763.72$182
Nov 201606242.492.64$164
Oct 2016010346.193.09$318
Sep 201601,08141.553.10$3,352
Aug 201601,20441.442.92$3,521
Jul 201601,62441.622.92$4,749
Jun 201601,03245.352.69$2,772
May 2016063042.521.99$1,254
Apr 2016059036.561.99$1,175
Mar 201601,47733.011.79$2,650
Feb 2016063826.472.06$1,317
Jan 201601,33627.352.36$3,159
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015168042.992.76$1,919
Aug 201501,36240.162.87$3,912
Jul 2015065248.152.95$1,920
Jun 201501,29356.152.88$3,728
May 201501,30855.212.96$3,866
Apr 2015049749.822.71$1,345
Mar 2015085542.892.93$2,509
Feb 2015071944.662.98$2,140
Jan 201501,13243.433.10$3,510
Dec 201401,50554.693.59$5,405
Nov 201401,19170.464.25$5,064
Oct 201401,36278.303.90$5,313
Sep 2014049686.164.05$2,007
Aug 201406289.394.04$250
Jul 2014010596.564.18$439
Jun 201406398.164.74$298
May 2014064694.734.73$3,053
Apr 201407695.944.81$365
Mar 201409695.895.06$485
Feb 2014089197.406.19$5,517
Jan 2014042090.404.86$2,042
Dec 2013029891.824.35$1,298
Nov 2013082888.853.74$3,095
Oct 201301,14397.423.78$4,320
Sep 201301,078104.113.72$4,008
Aug 20130541104.253.52$1,906
Jul 20130995102.523.72$3,699
Jun 2013096394.403.93$3,788
May 201301,16794.834.15$4,842
Apr 201301,35793.964.28$5,811
Mar 201301,19593.623.91$4,676
Feb 2013082091.233.42$2,804
Jan 2013074791.603.42$2,555
Dec 2012095286.773.42$3,256
Nov 201201,31086.953.62$4,749
Oct 201201,20589.383.40$4,097
Sep 201201,29394.672.92$3,773
Aug 201201,43192.662.91$4,162
Jul 201201,65285.133.02$4,990
Jun 201201,75879.822.52$4,428
May 201201,08991.612.49$2,710
Apr 201201,271101.652.00$2,538
Mar 201201,402105.052.22$3,115
Feb 201201,321101.102.57$3,395
Jan 201201,91198.092.73$5,225
Dec 201101,85596.873.24$6,010
Nov 201101,75095.723.31$5,795
Oct 201101,58584.983.65$5,783
Sep 201101,79383.623.99$7,147
Aug 201101,93383.404.15$8,021
Jul 201101,91994.144.52$8,669
Jun 201141,91592.904.64$9,257
May 201102,62498.134.40$11,558
Apr 201122,466105.964.33$10,898
Mar 201121,05896.364.06$4,485
Feb 201112,01285.644.18$8,496
Jan 201102,65486.504.59$12,179
Dec 201002,60885.734.35$11,339
Nov 201001,79580.843.80$6,813
Oct 201002,55978.103.51$8,979
Sep 201002,05172.633.98$8,162
Aug 201002,79273.684.42$12,339
Jul 201003,63072.554.74$17,193
Jun 201003,70470.364.91$18,188
May 201003,87571.124.24$16,411
Apr 201004,51981.694.12$18,630
Mar 201033,17578.394.39$14,169
Feb 201004,34673.585.44$23,653
Jan 201015,38674.365.96$32,197
Dec 200906,49671.445.48$35,622
Nov 200907,06474.593.75$26,501
Oct 200908,89872.544.11$36,573
Sep 2009311,20265.543.06$34,528
Aug 2009015,31667.423.22$49,295
Jul 2009219,24061.133.46$66,779
Jun 200901,19566.163.90$4,655
May 200901,52854.743.93$5,999

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.

Jun 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.49 =         $0
Gas                   61 Mcf  × $  3.38 =       $206

────────────────────────────────────────────────────
Month total                                     $206

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/252114 is the state's own key, not one this site invented.