L. V. JONES 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 252440District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
May 2009 – May 2026
Value, last 12 filed months
$60 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 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 Gas112009-11-20195723
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
CondensateDisposition145 bbl$13,591
GasProduction1,026,946 Mcf$3,879,535
Total$3,893,126

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 31.7527, -96.1705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75267, -96.17053 · 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
12,450 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 12,450 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-16134297812,450 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 202601,370106.413.05$4,173
Apr 202601,33798.932.87$3,837
Mar 202601,37189.753.15$4,318
Feb 202601,15363.503.75$4,324
Jan 202601,28059.138.00$10,237
Dec 202501,38556.664.41$6,113
Nov 202501,37358.593.93$5,391
Oct 202501,41759.383.30$4,683
Sep 202501,39162.743.08$4,280
Aug 202501,43063.933.01$4,311
Jul 202501,37666.743.32$4,562
Jun 202501,29566.483.13$4,052
May 202501,29660.553.23$4,189
Apr 202501,41262.363.54$5,003
Mar 202501,60267.704.27$6,838
Feb 2025071170.884.34$3,086
Jan 2025089274.324.28$3,817
Dec 2024083168.993.12$2,594
Nov 202401,21169.052.20$2,662
Oct 202401,33971.372.28$3,055
Sep 202401,70569.612.36$4,031
Aug 202401,94375.632.06$4,010
Jul 202402,25879.932.15$4,847
Jun 202401,40778.082.63$3,706
May 202403,24378.812.20$7,130
Apr 202402,97684.451.66$4,938
Mar 202402,93680.301.55$4,537
Feb 202402,62676.091.78$4,684
Jan 202401,69573.023.30$5,590
Dec 202301,40271.262.61$3,660
Nov 2023091277.892.81$2,560
Oct 2023085985.443.09$2,652
Sep 2023097389.042.74$2,661
Aug 202301,53080.522.67$4,090
Jul 2023071374.852.64$1,884
Jun 2023022668.962.26$510
May 2023039070.622.23$869
Apr 202301,05578.122.24$2,361
Mar 202301,51172.852.39$3,616
Feb 202301,04475.112.47$2,574
Jan 2023083676.533.39$2,832
Dec 20220076.415.73$0
Nov 202202,92485.005.65$16,509
Oct 202203,01987.185.86$17,703
Sep 202202,52484.888.16$20,605
Aug 202202,27894.529.13$20,792
Jul 202201,818101.587.54$13,712
Jun 202201,678115.097.98$13,386
May 202201,699109.378.43$14,328
Apr 20220881104.226.84$6,024
Mar 202201,147108.885.08$5,823
Feb 2022097491.054.86$4,733
Jan 202201,31081.844.54$5,944
Dec 202101,71171.323.90$6,671
Nov 2021080177.435.24$4,195
Oct 2021059779.795.71$3,411
Sep 202101,27269.865.35$6,806
Aug 202101,51266.024.22$6,382
Jul 2021055770.783.98$2,218
Jun 202101,63569.493.38$5,527
May 202101,37263.483.02$4,140
Apr 2021079960.362.76$2,204
Mar 202101,04561.302.72$2,839
Feb 202101,70557.805.55$9,459
Jan 202102,27550.412.81$6,393
Dec 202001,86544.642.68$4,990
Nov 202001,32638.772.71$3,589
Oct 2020098136.972.48$2,431
Sep 202001,24337.091.99$2,475
Aug 2020047839.982.39$1,140
Jul 202002,38938.371.83$4,360
Jun 202002,50634.901.69$4,236
May 202002,62916.921.81$4,771
Apr 202002,60314.751.80$4,697
Mar 202002,67530.341.86$4,965
Feb 202002,61849.881.98$5,185
Jan 202003,02357.252.09$6,332
Dec 201902,46059.012.30$5,669
Nov 201902,80155.302.75$7,705
Oct 201902,77653.472.42$6,714
Sep 201902,64655.052.66$7,031
Aug 201902,62953.112.30$6,058
Jul 201902,74456.272.46$6,750
Jun 201902,70752.782.49$6,744
May 201902,62758.482.74$7,199
Apr 201902,75762.632.75$7,584
Mar 201902,75456.803.06$8,433
Feb 201902,40350.852.79$6,710
Jan 201902,91446.033.23$9,407
Dec 201802,87046.594.19$12,012
Nov 201802,78952.934.24$11,818
Oct 201802,83661.443.40$9,637
Sep 201802,70559.543.11$8,407
Aug 201802,95159.403.07$9,049
Jul 201802,99165.142.93$8,769
Jun 201802,87460.183.08$8,843
May 201802,93965.382.90$8,525
Apr 201802,95463.842.90$8,569
Mar 201802,59161.222.79$7,221
Feb 201802,47361.782.77$6,841
Jan 201802,02662.874.01$8,123
Dec 201702,07357.272.92$6,056
Nov 201702,73655.423.12$8,532
Oct 201703,57349.292.98$10,661
Sep 201702,79747.523.09$8,635
Aug 201703,50145.373.00$10,518
Jul 201703,57243.873.09$11,028
Jun 201703,86042.493.09$11,917
May 201703,26645.373.26$10,658
Apr 201703,21747.933.21$10,332
Mar 201703,56146.772.98$10,625
Feb 201703,07150.452.95$9,067
Jan 201702,81749.413.42$9,631
Dec 201603,56648.763.72$13,276
Nov 201603,46642.492.64$9,165
Oct 201603,22946.193.09$9,978
Sep 201604,02441.553.10$12,477
Aug 201603,15641.442.92$9,229
Jul 201604,15541.622.92$12,151
Jun 201603,04845.352.69$8,186
May 201605,50742.521.99$10,965
Apr 20160036.561.99$0
Mar 201601,64333.011.79$2,948
Feb 201604,30426.472.06$8,882
Jan 201603,66127.352.36$8,656
Dec 201504,18032.362.00$8,366
Nov 201504,43238.792.17$9,606
Oct 201504,21643.552.43$10,230
Sep 201513,93742.992.76$10,903
Aug 201504,46440.162.87$12,823
Jul 201504,94048.152.95$14,549
Jun 201504,09356.152.88$11,800
May 201505,50555.212.96$16,270
Apr 201505,84549.822.71$15,820
Mar 201502,94042.892.93$8,628
Feb 201504,61144.662.98$13,723
Jan 201504,11643.433.10$12,762
Dec 201403,87354.693.59$13,909
Nov 201402,94870.464.25$12,534
Oct 201404,00378.303.90$15,616
Sep 201403,73986.164.05$15,126
Aug 201405,43789.394.04$21,939
Jul 201403,94296.564.18$16,476
Jun 201404,71698.164.74$22,339
May 201405,24294.734.73$24,777
Apr 201403,75895.944.81$18,073
Mar 201405,09695.895.06$25,769
Feb 201405,87997.406.19$36,403
Jan 201405,11990.404.86$24,882
Dec 201305,55991.824.35$24,207
Nov 201306,15688.853.74$23,013
Oct 201306,11897.423.78$23,122
Sep 201306,476104.113.72$24,076
Aug 201307,051104.253.52$24,838
Jul 201307,598102.523.72$28,247
Jun 201307,14094.403.93$28,085
May 201301,62394.834.15$6,734
Apr 201303,79193.964.28$16,235
Mar 201302,92893.623.91$11,457
Feb 201303,16891.233.42$10,834
Jan 201304,85391.603.42$16,597
Dec 201206,56786.773.42$22,460
Nov 201206,87286.953.62$24,911
Oct 201207,43089.383.40$25,260
Sep 201207,52994.672.92$21,973
Aug 201209,02392.662.91$26,240
Jul 2012012,15585.133.02$36,718
Jun 201205,27579.822.52$13,288
May 201203,50291.612.49$8,714
Apr 201203,653101.652.00$7,294
Mar 201203,845105.052.22$8,544
Feb 201203,672101.102.57$9,438
Jan 201204,20798.092.73$11,502
Dec 201104,66496.873.24$15,110
Nov 201104,11895.723.31$13,636
Oct 201107,33084.983.65$26,744
Sep 201118,40283.623.99$33,572
Aug 201109,06883.404.15$37,626
Jul 20111429,58394.144.52$56,657
Jun 201109,85992.904.64$45,745
May 201109,47298.134.40$41,722
Apr 201109,426105.964.33$40,846
Mar 2011111,03396.364.06$44,861
Feb 201108,96385.644.18$37,465
Jan 2011010,98286.504.59$50,394
Dec 2010011,94685.734.35$51,938
Nov 2010011,63080.843.80$44,140
Oct 2010012,63678.103.51$44,338
Sep 2010012,81172.633.98$50,981
Aug 2010014,56473.684.42$64,364
Jul 2010015,25472.554.74$72,250
Jun 2010016,67370.364.91$81,871
May 2010018,88871.124.24$79,995
Apr 2010019,81881.694.12$81,703
Mar 2010020,73078.394.39$90,977
Feb 2010020,07273.585.44$109,239
Jan 2010024,51674.365.96$146,216
Dec 2009028,97571.445.48$158,892
Nov 2009028,85074.593.75$108,231
Oct 2009023,98772.544.11$98,593
Sep 2009027,21465.543.06$83,404
Aug 2009022,55967.423.22$72,606
Jul 2009039,15961.133.46$135,666
Jun 2009047,13066.163.90$183,571
May 200902,81154.743.93$11,035

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                1,370 Mcf  × $  3.05 =     $4,173

────────────────────────────────────────────────────
Month total                                   $4,173

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/252440 is the state's own key, not one this site invented.