PHILLIPS "A" #1 GAS UNIT

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 254490District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Dec 2009 – May 2026
Value, last 12 filed months
$199 k
at the published price for each month
Months reported
198
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 Gas112010-03-10197467
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
CondensateDisposition1,541 bbl$118,251
GasProduction2,227,645 Mcf$8,466,319
Total$8,584,570

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 31.4279, -96.2912. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42787, -96.29116 · 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
13,980 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 13,980 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-293322292013,980 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 202604,629106.413.05$14,099
Apr 202603,98998.932.87$11,447
Mar 202604,49589.753.15$14,157
Feb 202634,14163.503.75$15,721
Jan 202615,24559.138.00$42,008
Dec 202502,72656.664.41$12,031
Nov 202534,30458.593.93$17,075
Oct 202514,47459.383.30$14,845
Sep 202514,42662.743.08$13,681
Aug 202514,59863.933.01$13,926
Jul 202504,63766.743.32$15,373
Jun 202504,74766.483.13$14,852
May 202504,40960.553.23$14,251
Apr 202504,47562.363.54$15,855
Mar 202514,89467.704.27$20,957
Feb 202504,56070.884.34$19,794
Jan 202505,18074.324.28$22,164
Dec 202403,42468.993.12$10,688
Nov 202404,67269.052.20$10,271
Oct 202405,80971.372.28$13,253
Sep 202403,96169.612.36$9,365
Aug 202404,50675.632.06$9,299
Jul 202404,77179.932.15$10,241
Jun 202414,72378.082.63$12,518
May 202414,91078.812.20$10,873
Apr 202414,74284.451.66$7,952
Mar 202404,75880.301.55$7,352
Feb 202404,64476.091.78$8,283
Jan 202404,47273.023.30$14,747
Dec 202304,95471.262.61$12,934
Nov 202304,04977.892.81$11,368
Oct 202304,74385.443.09$14,643
Sep 202305,11489.042.74$13,987
Aug 202306,12280.522.67$16,363
Jul 202304,52474.852.64$11,952
Jun 202305,84368.962.26$13,196
May 202306,05670.622.23$13,489
Apr 202305,15978.122.24$11,545
Mar 202304,91772.852.39$11,767
Feb 202304,16375.112.47$10,265
Jan 202305,19076.533.39$17,582
Dec 202206,10876.415.73$34,993
Nov 202207,22785.005.65$40,805
Oct 202206,36087.185.86$37,294
Sep 202203,12884.888.16$25,536
Aug 202205,59794.529.13$51,085
Jul 202204,996101.587.54$37,680
Jun 202204,601115.097.98$36,703
May 202204,303109.378.43$36,287
Apr 202202,979104.226.84$20,369
Mar 202204,001108.885.08$20,311
Feb 202204,68291.054.86$22,749
Jan 202205,10181.844.54$23,147
Dec 202105,35271.323.90$20,868
Nov 202105,21177.435.24$27,289
Oct 202105,47279.795.71$31,266
Sep 202105,82469.865.35$31,164
Aug 202104,42066.024.22$18,655
Jul 202106,31570.783.98$25,147
Jun 2021011,06869.493.38$37,417
May 2021014,62163.483.02$44,121
Apr 2021013,87460.362.76$38,270
Mar 202109,45361.302.72$25,683
Feb 202106,04957.805.55$33,560
Jan 202106,84950.412.81$19,248
Dec 202006,30944.642.68$16,879
Nov 202006,58738.772.71$17,828
Oct 202008,26236.972.48$20,477
Sep 202007,12937.091.99$14,194
Aug 202009639.982.39$229
Jul 202006,83238.371.83$12,469
Jun 202009,57134.901.69$16,178
May 202007316.921.81$132
Apr 202004,64514.751.80$8,381
Mar 202003,80830.341.86$7,069
Feb 202006,12049.881.98$12,122
Jan 202006,89857.252.09$14,450
Dec 201906,53859.012.30$15,066
Nov 201905,34455.302.75$14,700
Oct 201906,67953.472.42$16,153
Sep 201903,66855.052.66$9,747
Aug 201906,48753.112.30$14,948
Jul 201905,71956.272.46$14,069
Jun 201905,76052.782.49$14,349
May 201902,69358.482.74$7,380
Apr 201907,00262.632.75$19,260
Mar 201904,81856.803.06$14,753
Feb 201905,77450.852.79$16,122
Jan 201906,40046.033.23$20,660
Dec 201806,03146.594.19$25,242
Nov 201806,11052.934.24$25,890
Oct 201806,65561.443.40$22,614
Sep 201806,24959.543.11$19,422
Aug 201802,91959.403.07$8,951
Jul 201806,63965.142.93$19,465
Jun 201804,43260.183.08$13,637
May 201806,00465.382.90$17,416
Apr 2018495,95963.842.90$20,414
Mar 20181856,95261.222.79$30,700
Feb 201804,96861.782.77$13,742
Jan 201806,93262.874.01$27,793
Dec 201707,91357.272.92$23,118
Nov 201703,72555.423.12$11,616
Oct 201705,57349.292.98$16,628
Sep 201707,33447.523.09$22,642
Aug 201707,14245.373.00$21,457
Jul 201704,84343.873.09$14,952
Jun 201706,90442.493.09$21,315
May 201706,66145.373.26$21,738
Apr 201707,03547.933.21$22,594
Mar 201707,74146.772.98$23,097
Feb 201705,10650.452.95$15,076
Jan 201707,32049.413.42$25,026
Dec 201607,10448.763.72$26,447
Nov 201606,79042.492.64$17,955
Oct 201607,03746.193.09$21,746
Sep 201607,39041.553.10$22,914
Aug 201606,43541.442.92$18,818
Jul 201609,69041.622.92$28,337
Jun 201608,11645.352.69$21,798
May 201605,38442.521.99$10,720
Apr 201608,64736.561.99$17,217
Mar 2016010,04533.011.79$18,021
Feb 201609,20226.472.06$18,990
Jan 201609,92027.352.36$23,454
Dec 201518110,08732.362.00$26,045
Nov 2015010,73538.792.17$23,266
Oct 2015011,60543.552.43$28,160
Sep 2015012,89542.992.76$35,570
Aug 2015016,08140.162.87$46,193
Jul 2015010,15848.152.95$29,916
Jun 2015010856.152.88$311
May 2015010,92455.212.96$32,285
Apr 2015014,01549.822.71$37,933
Mar 2015013,07742.892.93$38,377
Feb 2015014,24844.662.98$42,405
Jan 2015011,87343.433.10$36,814
Dec 201409,20054.693.59$33,041
Nov 201407,74970.464.25$32,948
Oct 201409,77878.303.90$38,144
Sep 201409,56086.164.05$38,674
Aug 201409,61389.394.04$38,790
Jul 201409,20696.564.18$38,477
Jun 201409,62398.164.74$45,583
May 2014011,52094.734.73$54,450
Apr 201407,68295.944.81$36,944
Mar 2014010,30095.895.06$52,085
Feb 2014010,03397.406.19$62,124
Jan 201418210,45290.404.86$67,257
Dec 2013010,19691.824.35$44,398
Nov 2013013,04188.853.74$48,751
Oct 2013011,47297.423.78$43,357
Sep 2013012,888104.113.72$47,914
Aug 2013013,581104.253.52$47,841
Jul 201319315,095102.523.72$75,906
Jun 2013014,37894.403.93$56,555
May 2013015,84394.834.15$65,734
Apr 2013015,92393.964.28$68,192
Mar 2013017,22393.623.91$67,391
Feb 2013017,09091.233.42$58,446
Jan 2013020,86791.603.42$71,363
Dec 201203,20986.773.42$10,975
Nov 201207,29686.953.62$26,448
Oct 2012016,59689.383.40$56,421
Sep 2012017,56494.672.92$51,259
Aug 2012019,11892.662.91$55,598
Jul 2012019,98585.133.02$60,371
Jun 2012020,89979.822.52$52,645
May 2012024,07591.612.49$59,906
Apr 2012027,284101.652.00$54,481
Mar 2012113,662105.052.22$30,463
Feb 2012010101.102.57$26
Jan 2012015,96898.092.73$43,658
Dec 2011021,84296.873.24$70,762
Nov 2011022,26995.723.31$73,739
Oct 201118223,70984.983.65$101,970
Sep 2011023,26983.623.99$92,746
Aug 2011025,24183.404.15$104,733
Jul 2011026,19394.144.52$118,320
Jun 201118426,09692.904.64$138,176
May 2011027,82498.134.40$122,560
Apr 2011028,224105.964.33$122,302
Mar 2011031,50996.364.06$127,843
Feb 2011030,38385.644.18$127,000
Jan 2011039,24086.504.59$180,064
Dec 2010026,52085.734.35$115,302
Nov 201018524,02080.843.80$106,119
Oct 2010028,58878.103.51$100,312
Sep 2010030,11972.633.98$119,858
Aug 2010033,40773.684.42$147,638
Jul 2010037,09272.554.74$175,686
Jun 2010039,35470.364.91$193,244
May 201018445,37571.124.24$205,259
Apr 2010050,26081.694.12$207,206
Mar 2010058,92378.394.39$258,594
Feb 2010169,58273.585.44$378,764
Jan 2010091,25174.365.96$544,229
Dec 2009031,70571.445.48$173,862

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                4,629 Mcf  × $  3.05 =    $14,099

────────────────────────────────────────────────────
Month total                                  $14,099

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/254490 is the state's own key, not one this site invented.