STANDLEY GAS UNIT NO. 1

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 252420District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jun 2009 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
204
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 Gas112009-11-20195730
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
CondensateDisposition17 bbl$1,208
GasProduction1,504,372 Mcf$5,710,301
Total$5,711,510

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 31.4226, -96.3280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42260, -96.32795 · 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
16,100 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 16,100 ft.

Completions filed
Jul 2009
1 of 1 wells

1 well

42-293322155H16,100 ftJul 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 (204)

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

204 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026125863.503.75$1,031
Jan 2026038959.138.00$3,111
Dec 202501,05556.664.41$4,656
Nov 2025032858.593.93$1,288
Oct 202502059.383.30$66
Sep 202501,05662.743.08$3,249
Aug 2025025963.933.01$781
Jul 2025020766.743.32$686
Jun 202524066.483.13$258
May 2025346360.553.23$1,678
Apr 2025040562.363.54$1,435
Mar 2025022167.704.27$943
Feb 20250070.884.34$0
Jan 202505574.324.28$235
Dec 2024153368.993.12$1,733
Nov 2024074269.052.20$1,631
Oct 2024255271.372.28$1,402
Sep 2024170869.612.36$1,744
Aug 2024155475.632.06$1,219
Jul 2024157079.932.15$1,303
Jun 2024168578.082.63$1,882
May 2024160578.812.20$1,409
Apr 2024170984.451.66$1,261
Mar 202401,01880.301.55$1,573
Feb 2024083276.091.78$1,484
Jan 2024062673.023.30$2,064
Dec 2023071871.262.61$1,875
Nov 2023068477.892.81$1,920
Oct 2023057385.443.09$1,769
Sep 2023052489.042.74$1,433
Aug 2023080580.522.67$2,152
Jul 2023052174.852.64$1,376
Jun 2023094468.962.26$2,132
May 202301,51370.622.23$3,370
Apr 2023097978.122.24$2,191
Mar 2023081072.852.39$1,938
Feb 202301,06075.112.47$2,614
Jan 2023085976.533.39$2,910
Dec 2022027676.415.73$1,581
Nov 202201,46085.005.65$8,243
Oct 2022096787.185.86$5,670
Sep 2022032084.888.16$2,612
Aug 202201,26294.529.13$11,518
Jul 202201,187101.587.54$8,952
Jun 20220938115.097.98$7,483
May 202201,121109.378.43$9,453
Apr 202201,371104.226.84$9,374
Mar 202203,079108.885.08$15,630
Feb 2022022291.054.86$1,079
Jan 202201,70881.844.54$7,750
Dec 20210071.323.90$0
Nov 202106777.435.24$351
Oct 202102479.795.71$137
Sep 2021093169.865.35$4,982
Aug 202102,72166.024.22$11,484
Jul 202103,01270.783.98$11,994
Jun 202105,55469.493.38$18,776
May 202108,30663.483.02$25,065
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020052444.642.68$1,402
Nov 202001,59738.772.71$4,322
Oct 202002,87536.972.48$7,125
Sep 202002,75637.091.99$5,487
Aug 202002,46139.982.39$5,870
Jul 202002,58538.371.83$4,718
Jun 202003,27534.901.69$5,536
May 202003,18916.921.81$5,787
Apr 202003,64214.751.80$6,572
Mar 202003,86930.341.86$7,182
Feb 202002,50549.881.98$4,962
Jan 202004,01857.252.09$8,417
Dec 201905,21959.012.30$12,026
Nov 201904,19255.302.75$11,531
Oct 201905,68953.472.42$13,759
Sep 201906,14455.052.66$16,326
Aug 201907,03753.112.30$16,216
Jul 201907,22656.272.46$17,776
Jun 201904,29552.782.49$10,700
May 201903,41358.482.74$9,353
Apr 201905,09862.632.75$14,023
Mar 2019010,69656.803.06$32,752
Feb 20190750.852.79$20
Jan 2019024846.033.23$801
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201802,10560.183.08$6,477
May 201801,78065.382.90$5,163
Apr 2018092163.842.90$2,672
Mar 201801,82961.222.79$5,097
Feb 201801,35961.782.77$3,759
Jan 201801,27862.874.01$5,124
Dec 201701,77157.272.92$5,174
Nov 201701,46855.423.12$4,578
Oct 201701,81349.292.98$5,409
Sep 201701,73947.523.09$5,369
Aug 201702,37145.373.00$7,123
Jul 201702,51943.873.09$7,777
Jun 201701,48542.493.09$4,585
May 201701,97045.373.26$6,429
Apr 201702,86447.933.21$9,198
Mar 201702,81346.772.98$8,393
Feb 201702,46150.452.95$7,266
Jan 201701,73249.413.42$5,921
Dec 201602,51348.763.72$9,355
Nov 2016089642.492.64$2,369
Oct 201603,40446.193.09$10,519
Sep 201603,20141.553.10$9,925
Aug 201603,92441.442.92$11,475
Jul 201604,48541.622.92$13,116
Jun 201604,13045.352.69$11,092
May 201603,81742.521.99$7,600
Apr 201603,13136.561.99$6,234
Mar 201605,60833.011.79$10,061
Feb 201602,84926.472.06$5,879
Jan 201604,03627.352.36$9,543
Dec 201505,39532.362.00$10,798
Nov 201505,07138.792.17$10,991
Oct 201505,44043.552.43$13,201
Sep 201505,29942.992.76$14,617
Aug 201505,58140.162.87$16,031
Jul 201503,01248.152.95$8,871
Jun 201503,29556.152.88$9,499
May 201505,10555.212.96$15,088
Apr 201506,02949.822.71$16,318
Mar 201506,25642.892.93$18,360
Feb 201505,76444.662.98$17,155
Jan 201506,83343.433.10$21,187
Dec 201407,46654.693.59$26,813
Nov 201407,26970.464.25$30,907
Oct 201407,08178.303.90$27,623
Sep 201405,60486.164.05$22,671
Aug 201405,32689.394.04$21,491
Jul 201402,33096.564.18$9,738
Jun 201406,03598.164.74$28,587
May 201407,59994.734.73$35,917
Apr 201407,90195.944.81$37,997
Mar 201408,12795.895.06$41,097
Feb 201407,38597.406.19$45,728
Jan 201406,87390.404.86$33,408
Dec 201307,35391.824.35$32,018
Nov 201308,78188.853.74$32,826
Oct 2013014,34697.423.78$54,219
Sep 201303104.113.72$11
Aug 201301,731104.253.52$6,098
Jul 201309,088102.523.72$33,787
Jun 201309,34194.403.93$36,742
May 2013012,07794.834.15$50,108
Apr 201308,44293.964.28$36,154
Mar 2013011,78093.623.91$46,094
Feb 201308,04291.233.42$27,503
Jan 2013012,47591.603.42$42,663
Dec 2012016,12786.773.42$55,157
Nov 201205,64086.953.62$20,445
Oct 201207,34389.383.40$24,964
Sep 201208,77694.672.92$25,612
Aug 201205,89492.662.91$17,141
Jul 2012010,28285.133.02$31,060
Jun 2012010,56279.822.52$26,606
May 2012012,82391.612.49$31,908
Apr 2012012,450101.652.00$24,860
Mar 2012014,798105.052.22$32,882
Feb 2012011,588101.102.57$29,784
Jan 2012011,00298.092.73$30,080
Dec 2011013,36496.873.24$43,296
Nov 2011013,55495.723.31$44,881
Oct 2011016,49284.983.65$60,172
Sep 2011015,13483.623.99$60,321
Aug 2011014,36383.404.15$59,597
Jul 2011015,91694.144.52$71,896
Jun 2011015,95292.904.64$74,015
May 2011016,38998.134.40$72,191
Apr 2011019,579105.964.33$84,841
Mar 2011019,20996.364.06$77,937
Feb 2011014,71485.644.18$61,504
Jan 2011022,13986.504.59$101,591
Dec 2010024,86285.734.35$108,094
Nov 2010026,03780.843.80$98,819
Oct 2010031,79778.103.51$111,572
Sep 2010022,02072.633.98$87,628
Aug 2010023,36273.684.42$103,245
Jul 2010026,34772.554.74$124,792
Jun 2010027,53770.364.91$135,218
May 2010030,93171.124.24$131,000
Apr 2010031,31281.694.12$129,090
Mar 2010135,85178.394.39$157,417
Feb 2010135,39773.585.44$192,717
Jan 2010044,94974.365.96$268,080
Dec 2009045,08071.445.48$247,207
Nov 2009051,25574.593.75$192,283
Oct 2009066,23472.544.11$272,238
Sep 2009084,68265.543.06$259,529
Aug 2009056,02667.423.22$180,320
Jul 2009043,41661.133.46$150,415
Jun 200901,41466.163.90$5,508

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.

Feb 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 63.50 =        $64
Gas                  258 Mcf  × $  3.75 =       $968

────────────────────────────────────────────────────
Month total                                   $1,031

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/252420 is the state's own key, not one this site invented.