PICKETT NO. 1 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 257291District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jun 2010 – May 2026
Value, last 12 filed months
$158 k
at the published price for each month
Months reported
192
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 Gas112010-10-15200017
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
CondensateDisposition7,046 bbl$554,090
GasProduction1,809,679 Mcf$6,553,016
Total$7,107,106

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 31.6488, -96.1899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64885, -96.18992 · 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
12,135 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 12,135 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-161343401512,135 ftJun 2010

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 (192)

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

192 months

May 202613,326106.413.05$10,237
Apr 202624,09598.932.87$11,949
Mar 202613,37389.753.15$10,713
Feb 202624,14863.503.75$15,683
Jan 202643,38659.138.00$27,317
Dec 202514,06956.664.41$18,015
Nov 202514,87258.593.93$19,188
Oct 202501,37659.383.30$4,547
Sep 202502,75962.743.08$8,489
Aug 202522,68463.933.01$8,219
Jul 202504,29466.743.32$14,235
Jun 202512,93966.483.13$9,262
May 202513,87460.553.23$12,583
Apr 202523,42962.363.54$12,274
Mar 202544,16967.704.27$18,065
Feb 202504,99470.884.34$21,678
Jan 202534,06674.324.28$17,620
Dec 202412,67768.993.12$8,425
Nov 202403,72969.052.20$8,198
Oct 202401,68871.372.28$3,851
Sep 202415,28369.612.36$12,561
Aug 202434,02675.632.06$8,535
Jul 202404,99179.932.15$10,714
Jun 202415,62278.082.63$14,886
May 202424,80378.812.20$10,717
Apr 202417,36984.451.66$12,311
Mar 2024010,39480.301.55$16,060
Feb 202401,36876.091.78$2,440
Jan 202401,82973.023.30$6,031
Dec 202306,39671.262.61$16,698
Nov 202301,94677.892.81$5,464
Oct 202302,07985.443.09$6,418
Sep 202303,50189.042.74$9,575
Aug 202302,64280.522.67$7,062
Jul 202302,52074.852.64$6,657
Jun 202302,48968.962.26$5,621
May 202302,06670.622.23$4,602
Apr 202304,77878.122.24$10,692
Mar 202306,25772.852.39$14,974
Feb 202302,96375.112.47$7,306
Jan 202303,74376.533.39$12,680
Dec 202202,59576.415.73$14,867
Nov 202203,59085.005.65$20,270
Oct 202202,35287.185.86$13,792
Sep 202204,07984.888.16$33,300
Aug 202203,11994.529.13$28,468
Jul 202202,737101.587.54$20,643
Jun 202202,149115.097.98$17,143
May 202203,646109.378.43$30,747
Apr 202203,005104.226.84$20,547
Mar 202203,294108.885.08$16,722
Feb 202202,86391.054.86$13,911
Jan 202205,10181.844.54$23,147
Dec 202102,92671.323.90$11,409
Nov 202103,24677.435.24$16,999
Oct 202102,74579.795.71$15,685
Sep 202103,42169.865.35$18,306
Aug 202103,41666.024.22$14,418
Jul 202103,61170.783.98$14,379
Jun 202104,24769.493.38$14,357
May 202105,98863.483.02$18,070
Apr 202106,12060.362.76$16,882
Mar 202104,41061.302.72$11,982
Feb 202103,40557.805.55$18,891
Jan 202105,51050.412.81$15,485
Dec 202005,25644.642.68$14,062
Nov 202004,75138.772.71$12,859
Oct 202003,73336.972.48$9,252
Sep 202004,94237.091.99$9,840
Aug 202002,68439.982.39$6,402
Jul 2020088538.371.83$1,615
Jun 202003,62934.901.69$6,134
May 202004,85416.921.81$8,809
Apr 20201684,69314.751.80$10,946
Mar 202005,10030.341.86$9,467
Feb 202005,01749.881.98$9,937
Jan 20201905,19657.252.09$21,762
Dec 201905,89959.012.30$13,593
Nov 201905,93955.302.75$16,336
Oct 201906,62153.472.42$16,013
Sep 201906,50555.052.66$17,286
Aug 201906,39153.112.30$14,727
Jul 201908,25156.272.46$20,298
Jun 201905,08052.782.49$12,655
May 201904,99358.482.74$13,682
Apr 201902,67362.632.75$7,353
Mar 20191864,42756.803.06$24,121
Feb 201906,17050.852.79$17,228
Jan 201902,15546.033.23$6,957
Dec 201805,31646.594.19$22,250
Nov 201806,67952.934.24$28,301
Oct 201803,78861.443.40$12,872
Sep 201804,51059.543.11$14,017
Aug 201804,04559.403.07$12,404
Jul 201806,55365.142.93$19,213
Jun 201807,77360.183.08$23,917
May 20181819,02665.382.90$38,016
Apr 201807,15563.842.90$20,755
Mar 201807,17461.222.79$19,993
Feb 201805,66561.782.77$15,670
Jan 201804,57262.874.01$18,331
Dec 20171816,64157.272.92$29,768
Nov 201705,75555.423.12$17,946
Oct 201705,25949.292.98$15,691
Sep 201704,59447.523.09$14,183
Aug 201706,26745.373.00$18,829
Jul 201707,45743.873.09$23,022
Jun 201706,42642.493.09$19,839
May 201706,29345.373.26$20,537
Apr 201707,66347.933.21$24,610
Mar 20171847,87646.772.98$32,105
Feb 201703,85150.452.95$11,370
Jan 201705,57949.413.42$19,073
Dec 201607,39248.763.72$27,519
Nov 20161835,37042.492.64$21,976
Oct 201606,89146.193.09$21,295
Sep 201606,68141.553.10$20,715
Aug 201603,98041.442.92$11,639
Jul 20161773,72441.622.92$18,257
Jun 201606,27645.352.69$16,856
May 201605,05042.521.99$10,055
Apr 201607,02636.561.99$13,989
Mar 201607,43933.011.79$13,346
Feb 201606,93426.472.06$14,309
Jan 20161828,49827.352.36$25,070
Dec 201509,07632.362.00$18,165
Nov 201508,29038.792.17$17,967
Oct 201506,93643.552.43$16,831
Sep 201518,07542.992.76$22,317
Aug 201508,90940.162.87$25,591
Jul 20151819,85248.152.95$37,730
Jun 201509,13756.152.88$26,341
May 201508,52355.212.96$25,189
Apr 20151799,62849.822.71$34,977
Mar 201507,16342.892.93$21,021
Feb 201507,88644.662.98$23,470
Jan 201509,23943.433.10$28,647
Dec 201408,07754.693.59$29,007
Nov 201408,92070.464.25$37,926
Oct 20141909,77678.303.90$53,013
Sep 201409,15886.164.05$37,048
Aug 201406,40589.394.04$25,845
Jul 2014010,02996.564.18$41,917
Jun 201406,46698.164.74$30,629
May 201409,62594.734.73$45,493
Apr 20141818,58995.944.81$58,671
Mar 2014010,25295.895.06$51,842
Feb 201409,45897.406.19$58,564
Jan 2014011,91490.404.86$57,911
Dec 201318111,45291.824.35$66,487
Nov 2013010,98388.853.74$41,058
Oct 2013012,26197.423.78$46,339
Sep 2013012,272104.113.72$45,624
Aug 2013012,724104.253.52$44,822
Jul 201333813,591102.523.72$85,180
Jun 2013011,24294.403.93$44,219
May 2013012,65294.834.15$52,494
Apr 201318912,07693.964.28$69,475
Mar 2013012,65293.623.91$49,506
Feb 2013012,05891.233.42$41,237
Jan 201319512,94591.603.42$62,133
Dec 2012014,19886.773.42$48,559
Nov 201218613,81386.953.62$66,244
Oct 201218615,66989.383.40$69,894
Sep 2012014,35694.672.92$41,897
Aug 201218716,77992.662.91$66,123
Jul 2012017,36585.133.02$52,456
Jun 2012017,12879.822.52$43,146
May 201218518,59791.612.49$63,223
Apr 201218518,706101.652.00$56,157
Mar 201218520,071105.052.22$64,034
Feb 201219418,198101.102.57$66,387
Jan 2012021,84598.092.73$59,726
Dec 201119622,67096.873.24$92,431
Nov 2011022,69895.723.31$75,159
Oct 2011024,16984.983.65$88,182
Sep 201118624,52083.623.99$113,285
Aug 201118527,07783.404.15$127,780
Jul 2011030,39794.144.52$137,311
Jun 201118631,72992.904.64$164,498
May 201117938,26298.134.40$186,102
Apr 201137840,689105.964.33$216,370
Mar 2011623,31296.364.06$95,163
Feb 2011157,51085.644.18$32,676
Jan 201118720,57486.504.59$110,585
Dec 201018527,90785.734.35$137,193
Nov 201036633,70780.843.80$157,517
Oct 2010047,32378.103.51$166,051
Sep 201036748,12672.633.98$218,171
Aug 2010043,94573.684.42$194,209
Jul 20100109,91472.554.74$520,607
Jun 2010138,52570.364.91$189,244

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             1 bbl  × $106.41 =       $106
Gas                3,326 Mcf  × $  3.05 =    $10,130

────────────────────────────────────────────────────
Month total                                  $10,237

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/257291 is the state's own key, not one this site invented.