MILSTEAD GAS UNIT

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

Gas lease lease 254489District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$5.4 M
Dec 2009 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
198
no gaps in the span
Streams
1
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112010-03-10197468
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
GasProduction1,433,082 Mcf$5,373,489
Total$5,373,489

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 31.1930, -96.4422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.19296, -96.44224 · 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
13,360 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 13,360 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-39531684813,360 ftDec 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 (198)

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

198 months

May 20262,877106.413.05$8,763
Apr 20262,43898.932.87$6,996
Mar 20263,19089.753.15$10,047
Feb 20262,99763.503.75$11,240
Jan 20262,82959.138.00$22,626
Dec 20252,60256.664.41$11,484
Nov 20252,60558.593.93$10,228
Oct 20253,39359.383.30$11,213
Sep 20254,48562.743.08$13,800
Aug 20251,09463.933.01$3,298
Jul 202585866.743.32$2,844
Jun 202593566.483.13$2,925
May 202589760.553.23$2,899
Apr 20251,59762.363.54$5,658
Mar 20252,58567.704.27$11,034
Feb 20252,39170.884.34$10,379
Jan 20252,69374.324.28$11,522
Dec 20242,98068.993.12$9,302
Nov 20242,98669.052.20$6,565
Oct 20243,33571.372.28$7,608
Sep 20243,50169.612.36$8,278
Aug 20243,04375.632.06$6,280
Jul 20243,32579.932.15$7,137
Jun 20243,36178.082.63$8,853
May 20243,46778.812.20$7,622
Apr 20243,83784.451.66$6,366
Mar 20244,06280.301.55$6,276
Feb 20245,85576.091.78$10,443
Jan 202410,25273.023.30$33,808
Dec 20231,56871.262.61$4,094
Nov 202393577.892.81$2,625
Oct 202376285.443.09$2,353
Sep 20233,99289.042.74$10,918
Aug 202373280.522.67$1,957
Jul 20233,81474.852.64$10,076
Jun 20231,66768.962.26$3,765
May 20231,04870.622.23$2,334
Apr 202392978.122.24$2,079
Mar 20231,56072.852.39$3,733
Feb 20231,26075.112.47$3,107
Jan 20232,37176.533.39$8,032
Dec 20223,19576.415.73$18,304
Nov 20223,36185.005.65$18,977
Oct 20223,24187.185.86$19,004
Sep 20223,10584.888.16$25,348
Aug 20223,61694.529.13$33,004
Jul 20224,101101.587.54$30,930
Jun 20223,272115.097.98$26,101
May 20222,221109.378.43$18,730
Apr 20223,445104.226.84$23,556
Mar 20223,286108.885.08$16,681
Feb 20222,89791.054.86$14,076
Jan 20223,38481.844.54$15,356
Dec 20213,59371.323.90$14,010
Nov 20211,60077.435.24$8,379
Oct 20214,36479.795.71$24,935
Sep 20211,39469.865.35$7,459
Aug 20212,57566.024.22$10,868
Jul 20211,58470.783.98$6,308
Jun 20212,01369.493.38$6,805
May 20214,10763.483.02$12,394
Apr 20213,56460.362.76$9,831
Mar 20214,43261.302.72$12,041
Feb 20213,32357.805.55$18,436
Jan 20214,30950.412.81$12,109
Dec 20203,61344.642.68$9,666
Nov 20204,35038.772.71$11,774
Oct 20204,24936.972.48$10,531
Sep 20203,86637.091.99$7,697
Aug 20204,49239.982.39$10,714
Jul 20204,53238.371.83$8,271
Jun 20204,48934.901.69$7,588
May 20204,18816.921.81$7,600
Apr 20202,97614.751.80$5,370
Mar 20202,62730.341.86$4,876
Feb 20204,49349.881.98$8,899
Jan 20205,05257.252.09$10,583
Dec 20194,79359.012.30$11,045
Nov 20194,94155.302.75$13,591
Oct 20195,01053.472.42$12,117
Sep 20195,15555.052.66$13,698
Aug 20194,41253.112.30$10,167
Jul 20194,58756.272.46$11,284
Jun 20194,23252.782.49$10,543
May 20194,78858.482.74$13,121
Apr 20194,40662.632.75$12,120
Mar 20195,19156.803.06$15,895
Feb 20193,90050.852.79$10,890
Jan 20192,97146.033.23$9,591
Dec 20184,52746.594.19$18,947
Nov 20183,26452.934.24$13,830
Oct 20181,79061.443.40$6,083
Sep 20181,73859.543.11$5,402
Aug 20184,48159.403.07$13,741
Jul 20185,12165.142.93$15,014
Jun 20184,82060.183.08$14,831
May 20185,39465.382.90$15,647
Apr 20185,37863.842.90$15,601
Mar 20184,98461.222.79$13,890
Feb 20184,93761.782.77$13,656
Jan 20185,79262.874.01$23,222
Dec 20175,53957.272.92$16,182
Nov 20175,71955.423.12$17,834
Oct 20175,23549.292.98$15,620
Sep 20175,39447.523.09$16,653
Aug 20173,71345.373.00$11,155
Jul 20175,27343.873.09$16,279
Jun 20175,46342.493.09$16,866
May 20175,62945.373.26$18,370
Apr 20175,61847.933.21$18,043
Mar 20175,86246.772.98$17,490
Feb 20174,67950.452.95$13,815
Jan 20176,28449.413.42$21,484
Dec 20166,44148.763.72$23,979
Nov 20166,30442.492.64$16,670
Oct 20166,61746.193.09$20,448
Sep 20166,52441.553.10$20,229
Aug 20167,14541.442.92$20,894
Jul 20166,63341.622.92$19,397
Jun 20166,76845.352.69$18,178
May 20167,05242.521.99$14,041
Apr 20166,72136.561.99$13,382
Mar 20167,61333.011.79$13,658
Feb 20167,16226.472.06$14,780
Jan 20167,29327.352.36$17,243
Dec 20156,75732.362.00$13,524
Nov 20156,70638.792.17$14,534
Oct 20156,13543.552.43$14,887
Sep 20157,19542.992.76$19,847
Aug 20158,66240.162.87$24,882
Jul 20157,31248.152.95$21,534
Jun 20158,22856.152.88$23,720
May 20158,90955.212.96$26,330
Apr 20156,73849.822.71$18,237
Mar 20155,69042.892.93$16,699
Feb 20155,71944.662.98$17,021
Jan 20157,55143.433.10$23,413
Dec 20142,83454.693.59$10,178
Nov 20145,27270.464.25$22,416
Oct 20144,05278.303.90$15,807
Sep 20145,87786.164.05$23,775
Aug 20145,66489.394.04$22,855
Jul 20146,95496.564.18$29,065
Jun 20148,39298.164.74$39,752
May 20149,07894.734.73$42,908
Apr 20146,56595.944.81$31,572
Mar 20146,70795.895.06$33,916
Feb 20147,81597.406.19$48,390
Jan 20149,99590.404.86$48,583
Dec 201310,85591.824.35$47,268
Nov 20139,94588.853.74$37,177
Oct 201311,33997.423.78$42,854
Sep 201310,637104.113.72$39,546
Aug 201310,091104.253.52$35,547
Jul 201310,675102.523.72$39,687
Jun 201310,19294.403.93$40,089
May 201311,15594.834.15$46,283
Apr 201311,11793.964.28$47,610
Mar 201312,17693.623.91$47,643
Feb 201311,84791.233.42$40,516
Jan 201314,50991.603.42$49,619
Dec 201218,65586.773.42$63,803
Nov 20123,22186.953.62$11,676
Oct 20126,74889.383.40$22,941
Sep 20126,04794.672.92$17,648
Aug 20125,83492.662.91$16,966
Jul 20126,19185.133.02$18,702
Jun 20127,78879.822.52$19,618
May 20126,64991.612.49$16,545
Apr 201214,634101.652.00$29,221
Mar 20129,971105.052.22$22,156
Feb 201216,562101.102.57$42,568
Jan 20127,82198.092.73$21,383
Dec 20118,32396.873.24$26,964
Nov 201116,01995.723.31$53,043
Oct 201110,28584.983.65$37,525
Sep 20119,78383.623.99$38,993
Aug 201115,04883.404.15$62,439
Jul 201117,32594.144.52$78,261
Jun 201118,01292.904.64$83,574
May 201118,74698.134.40$82,573
Apr 201119,793105.964.33$85,769
Mar 201121,40596.364.06$86,847
Feb 201118,98685.644.18$79,361
Jan 201116,08286.504.59$73,797
Dec 201016,32485.734.35$70,973
Nov 201020,09180.843.80$76,252
Oct 201026,09778.103.51$91,572
Sep 201027,79272.633.98$110,597
Aug 201027,83973.684.42$123,031
Jul 201022,04372.554.74$104,406
Jun 201023,18570.364.91$113,848
May 201026,80171.124.24$113,508
Apr 201030,04481.694.12$123,862
Mar 201030,31678.394.39$133,047
Feb 201033,35273.585.44$181,514
Jan 201050,03574.365.96$298,413
Dec 200910,58071.445.48$58,018

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
Gas                2,877 Mcf  × $  3.05 =     $8,763

────────────────────────────────────────────────────
Month total                                   $8,763

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/254489 is the state's own key, not one this site invented.