PERLITZ GAS UNIT NO. 1

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR, SE (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 253428District 05Field 303257502 tax incentive programmesCondensateGasSaveExport
Value, all time
$832 k
Sep 2009 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
201
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 205 leases and 205 wells, and the rule below applies to all of them.

Discovered
1987-03-15
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-08-25.

The Commission's schedule remark for this field reads: PER DOCKET 05-0257882, TOLERANCE ACRES CORRECTED FROM 44 TO 4.

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 Gas112013-01-14207522
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
CondensateDisposition900 bbl$70,893
GasProduction184,958 Mcf$761,448
Total$832,342

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 31.4358, -96.2953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43579, -96.29529 · 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
9,520 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 9,520 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-2933085719,520 ftSep 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 (201)

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

201 months

May 2026043106.413.05$131
Apr 202605498.932.87$155
Mar 202602889.753.15$88
Feb 202604263.503.75$158
Jan 202604959.138.00$392
Dec 202505556.664.41$243
Nov 202504258.593.93$165
Oct 202504159.383.30$136
Sep 202504362.743.08$132
Aug 202503663.933.01$109
Jul 202506366.743.32$209
Jun 202504866.483.13$150
May 202506360.553.23$204
Apr 202505162.363.54$181
Mar 202508567.704.27$363
Feb 202504870.884.34$208
Jan 202507274.324.28$308
Dec 202404868.993.12$150
Nov 202408069.052.20$176
Oct 202405071.372.28$114
Sep 202405269.612.36$123
Aug 202408975.632.06$184
Jul 2024067479.932.15$1,447
Jun 2024036278.082.63$954
May 2024011878.812.20$259
Apr 202406484.451.66$106
Mar 202409380.301.55$144
Feb 202405676.091.78$100
Jan 202409473.023.30$310
Dec 202307971.262.61$206
Nov 202308177.892.81$227
Oct 202308785.443.09$269
Sep 202306789.042.74$183
Aug 202306980.522.67$184
Jul 2023075474.852.64$1,992
Jun 2023066868.962.26$1,509
May 2023018570.622.23$412
Apr 202307778.122.24$172
Mar 202306672.852.39$158
Feb 2023016375.112.47$402
Jan 202306676.533.39$224
Dec 202206976.415.73$395
Nov 202207485.005.65$418
Oct 202204287.185.86$246
Sep 202206084.888.16$490
Aug 202207694.529.13$694
Jul 20220200101.587.54$1,508
Jun 20220852115.097.98$6,797
May 20220739109.378.43$6,232
Apr 20220151104.226.84$1,032
Mar 20220109108.885.08$553
Feb 202205091.054.86$243
Jan 2022010281.844.54$463
Dec 202109771.323.90$378
Nov 20211546077.435.24$12,238
Oct 2021012779.795.71$726
Sep 202106669.865.35$353
Aug 2021011966.024.22$502
Jul 2021022870.783.98$908
Jun 2021029569.493.38$997
May 202105663.483.02$169
Apr 202103460.362.76$94
Mar 202108661.302.72$234
Feb 202102157.805.55$117
Jan 202105150.412.81$143
Dec 202005944.642.68$158
Nov 202006138.772.71$165
Oct 202003236.972.48$79
Sep 202002937.091.99$58
Aug 202003339.982.39$79
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020021030.341.86$390
Feb 202007549.881.98$149
Jan 202009557.252.09$199
Dec 201909659.012.30$221
Nov 201907255.302.75$198
Oct 201907553.472.42$181
Sep 201908755.052.66$231
Aug 201908853.112.30$203
Jul 201908156.272.46$199
Jun 201909552.782.49$237
May 2019018058.482.74$493
Apr 2019010662.632.75$292
Mar 201907456.803.06$227
Feb 201906850.852.79$190
Jan 201908746.033.23$281
Dec 201808446.594.19$352
Nov 201807352.934.24$309
Oct 201808861.443.40$299
Sep 201805259.543.11$162
Aug 201805659.403.07$172
Jul 201806665.142.93$194
Jun 201804760.183.08$145
May 2018062465.382.90$1,810
Apr 2018012163.842.90$351
Mar 201808561.222.79$237
Feb 201803461.782.77$94
Jan 201808962.874.01$357
Dec 201705557.272.92$161
Nov 201707055.423.12$218
Oct 201705849.292.98$173
Sep 201705347.523.09$164
Aug 201707045.373.00$210
Jul 201708143.873.09$250
Jun 201704242.493.09$130
May 20170945.373.26$29
Apr 201707447.933.21$238
Mar 201707046.772.98$209
Feb 201707750.452.95$227
Jan 201702849.413.42$96
Dec 2016090448.763.72$3,365
Nov 2016045542.492.64$1,203
Oct 2016013546.193.09$417
Sep 2016012541.553.10$388
Aug 2016013441.442.92$392
Jul 2016011141.622.92$325
Jun 2016011645.352.69$312
May 2016013442.521.99$267
Apr 2016012636.561.99$251
Mar 201608733.011.79$156
Feb 2016013626.472.06$281
Jan 201608227.352.36$194
Dec 2015024532.362.00$490
Nov 2015020838.792.17$451
Oct 2015027343.552.43$662
Sep 2015027342.992.76$753
Aug 2015015140.162.87$434
Jul 2015015648.152.95$459
Jun 2015015056.152.88$432
May 2015026555.212.96$783
Apr 2015012949.822.71$349
Mar 2015011842.892.93$346
Feb 2015020744.662.98$616
Jan 2015031043.433.10$961
Dec 2014025054.693.59$898
Nov 2014029070.464.25$1,233
Oct 2014036678.303.90$1,428
Sep 2014030886.164.05$1,246
Aug 2014051389.394.04$2,070
Jul 2014070196.564.18$2,930
Jun 2014072898.164.74$3,448
May 2014076294.734.73$3,602
Apr 2014074895.944.81$3,597
Mar 2014077795.895.06$3,929
Feb 2014070897.406.19$4,384
Jan 2014075090.404.86$3,646
Dec 2013079791.824.35$3,471
Nov 2013036588.853.74$1,364
Oct 2013034597.423.78$1,304
Sep 20130408104.113.72$1,517
Aug 20130624104.253.52$2,198
Jul 20130789102.523.72$2,933
Jun 2013080594.403.93$3,166
May 2013051094.834.15$2,116
Apr 201301,14893.964.28$4,916
Mar 201301,21693.623.91$4,758
Feb 201301,18291.233.42$4,042
Jan 201301,34191.603.42$4,586
Dec 201201,06386.773.42$3,636
Nov 201201,52586.953.62$5,528
Oct 201201,19489.383.40$4,059
Sep 201201,39994.672.92$4,083
Aug 201201,69092.662.91$4,915
Jul 2012081885.133.02$2,471
Jun 201201,34779.822.52$3,393
May 201201,33991.612.49$3,332
Apr 201201,485101.652.00$2,965
Mar 201201,699105.052.22$3,775
Feb 201201,644101.102.57$4,225
Jan 201201,86298.092.73$5,091
Dec 201101,91896.873.24$6,214
Nov 201101,92195.723.31$6,361
Oct 20111862,06984.983.65$23,355
Sep 201102,02883.623.99$8,083
Aug 201101,94083.404.15$8,050
Jul 201102,24194.144.52$10,123
Jun 201102,17192.904.64$10,073
May 201102,61598.134.40$11,519
Apr 201102,639105.964.33$11,436
Mar 201102,76096.364.06$11,198
Feb 201102,45085.644.18$10,241
Jan 201102,82586.504.59$12,963
Dec 20101863,05385.734.35$29,219
Nov 201002,97680.843.80$11,295
Oct 201003,47578.103.51$12,193
Sep 201003,22972.633.98$12,850
Aug 201003,92273.684.42$17,333
Jul 201004,34872.554.74$20,594
Jun 201004,54770.364.91$22,328
May 20101834,84671.124.24$33,539
Apr 201005,01281.694.12$20,663
Mar 201006,07378.394.39$26,652
Feb 201016,11873.585.44$33,370
Jan 20101907,93174.365.96$61,430
Dec 2009011,88471.445.48$65,169
Nov 2009012,47474.593.75$46,796
Oct 2009017,02272.544.11$69,965
Sep 200909,36765.543.06$28,708

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                   43 Mcf  × $  3.05 =       $131

────────────────────────────────────────────────────
Month total                                     $131

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/253428 is the state's own key, not one this site invented.