H. L. & P. GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254638District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Dec 2009 – May 2026
Value, last 12 filed months
$145 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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
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 2010-12-14.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112010-03-10197470
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
CondensateDisposition975 bbl$51,665
GasProduction2,192,884 Mcf$8,285,972
Total$8,337,637

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 31.4520, -96.2375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45198, -96.23749 · 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
14,400 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 14,400 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-161343612414,400 ftDec 2013

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 202603,836106.413.05$11,684
Apr 202602,94798.932.87$8,457
Mar 202613,52389.753.15$11,185
Feb 202602,69663.503.75$10,111
Jan 202602,84459.138.00$22,746
Dec 202502,97756.664.41$13,139
Nov 202502,90958.593.93$11,422
Oct 202503,11959.383.30$10,308
Sep 202502,98562.743.08$9,185
Aug 202503,49863.933.01$10,546
Jul 202504,12966.743.32$13,688
Jun 202503,89166.483.13$12,174
May 202503,24960.553.23$10,502
Apr 202502,23362.363.54$7,912
Mar 202502,89267.704.27$12,344
Feb 202502,88570.884.34$12,523
Jan 202503,47074.324.28$14,847
Dec 202403,95768.993.12$12,351
Nov 202403,67269.052.20$8,073
Oct 202403,43471.372.28$7,834
Sep 202403,61069.612.36$8,535
Aug 202403,84575.632.06$7,935
Jul 202423,60079.932.15$7,888
Jun 202403,09678.082.63$8,155
May 202404,38978.812.20$9,649
Apr 202404,51284.451.66$7,486
Mar 2024011,23780.301.55$17,363
Feb 2024010,52476.091.78$18,771
Jan 202404,71973.023.30$15,562
Dec 202303,12971.262.61$8,169
Nov 202312,67277.892.81$7,580
Oct 202322,81085.443.09$8,846
Sep 202333,11889.042.74$8,795
Aug 202333,12380.522.67$8,589
Jul 202323,17574.852.64$8,537
Jun 202353,06168.962.26$7,258
May 202343,07170.622.23$7,123
Apr 202344,20378.122.24$9,718
Mar 202344,46272.852.39$10,970
Feb 202324,05075.112.47$10,136
Jan 202334,37676.533.39$15,054
Dec 202243,75976.415.73$21,841
Nov 202233,88485.005.65$22,185
Oct 202223,93687.185.86$23,254
Sep 202213,99084.888.16$32,658
Aug 202223,84394.529.13$35,265
Jul 202243,910101.587.54$29,896
Jun 202244,337115.097.98$35,057
May 202265,804109.378.43$49,602
Apr 202215,787104.226.84$39,673
Mar 202285,347108.885.08$28,015
Feb 202213,60491.054.86$17,602
Jan 202274,35581.844.54$20,334
Dec 202144,72371.323.90$18,701
Nov 2021104,43177.435.24$23,979
Oct 202175,59379.795.71$32,516
Sep 2021149,82569.865.35$53,551
Aug 2021348,62966.024.22$38,664
Jul 2021165,01470.783.98$21,099
Jun 2021164,66969.493.38$16,896
May 2021226,49763.483.02$21,002
Apr 2021139,82360.362.76$27,881
Mar 20215511,04461.302.72$33,377
Feb 2021153,86457.805.55$22,304
Jan 202185,31350.412.81$15,334
Dec 202085,44344.642.68$14,920
Nov 2020115,34938.772.71$14,904
Oct 2020135,22736.972.48$13,435
Sep 2020175,14937.091.99$10,882
Aug 202075,17839.982.39$12,630
Jul 2020275,29238.371.83$10,695
Jun 2020204,75134.901.69$8,729
May 202016,74816.921.81$12,263
Apr 2020204,71314.751.80$8,799
Mar 2020455,28130.341.86$11,168
Feb 2020365,06849.881.98$11,834
Jan 202005,72857.252.09$11,999
Dec 2019110,18259.012.30$23,522
Nov 2019310,10055.302.75$27,948
Oct 201906,95453.472.42$16,819
Sep 201935,67255.052.66$15,237
Aug 201966,14653.112.30$14,481
Jul 201956,96956.272.46$17,426
Jun 20191410,26852.782.49$26,319
May 201997,27858.482.74$20,470
Apr 2019106,19862.632.75$17,675
Mar 2019208,40256.803.06$26,864
Feb 2019156,09650.852.79$17,784
Jan 2019326,10746.033.23$21,187
Dec 2018126,04446.594.19$25,856
Nov 201866,51052.934.24$27,902
Oct 20182710,91361.443.40$38,742
Sep 2018106,20459.543.11$19,877
Aug 201847,02859.403.07$21,789
Jul 201835,91065.142.93$17,523
Jun 201844,99360.183.08$15,604
May 201845,45065.382.90$16,071
Apr 2018117,13263.842.90$21,391
Mar 20181311,81761.222.79$33,728
Feb 201869,75261.782.77$27,346
Jan 201827,32462.874.01$29,490
Dec 201757,30857.272.92$21,637
Nov 201759,35355.423.12$29,443
Oct 2017811,45649.292.98$34,575
Sep 2017911,74947.523.09$36,700
Aug 2017911,65745.373.00$35,431
Jul 2017610,37043.873.09$32,278
Jun 20172413,80742.493.09$43,646
May 20173415,88445.373.26$53,378
Apr 20173816,01147.933.21$53,242
Mar 20173015,92146.772.98$48,906
Feb 2017117,98250.452.95$24,123
Jan 201759,31249.413.42$32,083
Dec 2016711,85048.763.72$44,457
Nov 2016015,67042.492.64$41,437
Oct 2016015,08746.193.09$46,623
Sep 2016014,93041.553.10$46,292
Aug 2016015,58041.442.92$45,561
Jul 2016014,68841.622.92$42,953
Jun 2016012,00945.352.69$32,254
May 2016010,92142.521.99$21,744
Apr 2016013,44336.561.99$26,766
Mar 2016013,55233.011.79$24,312
Feb 2016013,94226.472.06$28,771
Jan 2016017,39727.352.36$41,133
Dec 20156616,69932.362.00$35,557
Nov 2015015,05538.792.17$32,629
Oct 2015016,33543.552.43$39,638
Sep 2015015,36342.992.76$42,378
Aug 2015018,75340.162.87$53,868
Jul 2015018,44648.152.95$54,325
Jun 2015019,68656.152.88$56,752
May 2015015,71055.212.96$46,430
Apr 2015016,94449.822.71$45,860
Mar 2015020,26942.892.93$59,484
Feb 2015018,74844.662.98$55,798
Jan 2015022,74743.433.10$70,530
Dec 2014021,81754.693.59$78,353
Nov 2014025,75870.464.25$109,519
Oct 2014025,42878.303.90$99,194
Sep 2014027,64286.164.05$111,824
Aug 2014033,19089.394.04$133,926
Jul 2014033,23096.564.18$138,888
Jun 2014024,80698.164.74$117,503
May 2014033,18594.734.73$156,851
Apr 2014043,58995.944.81$209,625
Mar 2014041,11295.895.06$207,895
Feb 2014055,47697.406.19$343,507
Jan 2014079,32490.404.86$385,572
Dec 2013035,25391.824.35$153,508
Nov 20130088.853.74$0
Oct 201301,88797.423.78$7,132
Sep 201304,743104.113.72$17,633
Aug 201303,895104.253.52$13,721
Jul 201306,109102.523.72$22,712
Jun 201306,85694.403.93$26,967
May 201306,80294.834.15$28,222
Apr 201306,93693.964.28$29,704
Mar 201307,69193.623.91$30,094
Feb 201307,45891.233.42$25,506
Jan 201308,71091.603.42$29,787
Dec 201208,67986.773.42$29,684
Nov 201203,22086.953.62$11,672
Oct 201204,55289.383.40$15,475
Sep 201207,79294.672.92$22,740
Aug 201208,00492.662.91$23,277
Jul 201208,62085.133.02$26,039
Jun 201208,18179.822.52$20,608
May 201208,59291.612.49$21,380
Apr 2012010,260101.652.00$20,487
Mar 201206,481105.052.22$14,401
Feb 201208,889101.102.57$22,847
Jan 201209,78998.092.73$26,764
Dec 201109,71396.873.24$31,468
Nov 201109,95495.723.31$32,960
Oct 2011010,68584.983.65$38,985
Sep 2011010,58983.623.99$42,206
Aug 2011011,49383.404.15$47,688
Jul 2011011,91494.144.52$53,818
Jun 2011012,13892.904.64$56,319
May 2011013,37198.134.40$58,897
Apr 2011011,332105.964.33$49,105
Mar 2011013,33996.364.06$54,121
Feb 2011013,33985.644.18$55,757
Jan 2011015,78486.504.59$72,429
Dec 2010016,86085.734.35$73,303
Nov 2010017,50580.843.80$66,437
Oct 2010019,18778.103.51$67,325
Sep 2010019,26672.633.98$76,668
Aug 2010023,63473.684.42$104,447
Jul 2010027,97172.554.74$132,484
Jun 2010026,57970.364.91$130,514
May 2010021,08171.124.24$89,283
Apr 2010024,30481.694.12$100,198
Mar 2010030,17878.394.39$132,441
Feb 2010033,92273.585.44$184,616
Jan 2010047,53174.365.96$283,479
Dec 2009051,34071.445.48$281,536

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                3,836 Mcf  × $  3.05 =    $11,684

────────────────────────────────────────────────────
Month total                                  $11,684

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/254638 is the state's own key, not one this site invented.