L. V. JONES GAS UNIT I

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 259195District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Aug 2010 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
190
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 Gas112011-03-31201818
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
CondensateDisposition1,082 bbl$81,239
GasProduction1,535,897 Mcf$5,455,065
Total$5,536,304

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 31.7280, -96.1788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72801, -96.17883 · 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
12,430 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 12,430 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-16134098412,430 ftAug 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 (190)

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

190 months

May 20260730106.413.05$2,223
Apr 2026071798.932.87$2,058
Mar 2026080589.753.15$2,535
Feb 2026067463.503.75$2,528
Jan 2026083259.138.00$6,654
Dec 2025085856.664.41$3,787
Nov 2025084958.593.93$3,334
Oct 2025089859.383.30$2,968
Sep 2025091962.743.08$2,828
Aug 2025094463.933.01$2,846
Jul 202501,01666.743.32$3,368
Jun 202501,01266.483.13$3,166
May 202501,07560.553.23$3,475
Apr 202501,03362.363.54$3,660
Mar 202501,07767.704.27$4,597
Feb 2025095270.884.34$4,132
Jan 2025099474.324.28$4,253
Dec 202401,05068.993.12$3,277
Nov 2024094969.052.20$2,086
Oct 202401,01871.372.28$2,322
Sep 2024095469.612.36$2,256
Aug 2024099775.632.06$2,057
Jul 2024089479.932.15$1,919
Jun 2024085478.082.63$2,249
May 2024095378.812.20$2,095
Apr 202401,10584.451.66$1,833
Mar 202402,12080.301.55$3,276
Feb 202403,42576.091.78$6,109
Jan 202402,00773.023.30$6,618
Dec 202303,58471.262.61$9,357
Nov 2023273,50677.892.81$11,946
Oct 202303,61785.443.09$11,167
Sep 202304,07089.042.74$11,132
Aug 202303,87780.522.67$10,363
Jul 202303,57474.852.64$9,442
Jun 202304,68068.962.26$10,570
May 202302,58870.622.23$5,765
Apr 202302,18678.122.24$4,892
Mar 202304,09272.852.39$9,793
Feb 202303,63475.112.47$8,960
Jan 202304,09576.533.39$13,873
Dec 202205,72476.415.73$32,793
Nov 202201,86385.005.65$10,519
Oct 202201,86487.185.86$10,930
Sep 202203,78384.888.16$30,883
Aug 202204,08894.529.13$37,312
Jul 202203,292101.587.54$24,829
Jun 202203,318115.097.98$26,468
May 202203,409109.378.43$28,748
Apr 202203,070104.226.84$20,991
Mar 202202,087108.885.08$10,594
Feb 202201,69291.054.86$8,221
Jan 202201,50781.844.54$6,838
Dec 202104,04471.323.90$15,768
Nov 202102,22877.435.24$11,668
Oct 202103,90379.795.71$22,301
Sep 202104,31169.865.35$23,068
Aug 202104,44866.024.22$18,773
Jul 202103,07770.783.98$12,253
Jun 202103,40369.493.38$11,504
May 202103,36563.483.02$10,154
Apr 202103,62260.362.76$9,991
Mar 202104,62761.302.72$12,571
Feb 202102,70357.805.55$14,996
Jan 202103,82750.412.81$10,755
Dec 202003,08044.642.68$8,240
Nov 202003,89638.772.71$10,545
Oct 202003,72936.972.48$9,242
Sep 202003,86737.091.99$7,699
Aug 202002,65339.982.39$6,328
Jul 202003,97138.371.83$7,248
Jun 202004,39934.901.69$7,436
May 202004,98716.921.81$9,050
Apr 202004,29514.751.80$7,750
Mar 202003,35030.341.86$6,218
Feb 202002,79549.881.98$5,536
Jan 202003,66657.252.09$7,679
Dec 201903,65559.012.30$8,422
Nov 201904,62855.302.75$12,730
Oct 201904,19753.472.42$10,151
Sep 201904,18855.052.66$11,129
Aug 201905,66053.112.30$13,043
Jul 201903,57356.272.46$8,790
Jun 201904,25152.782.49$10,590
May 201904,70958.482.74$12,904
Apr 201904,10362.632.75$11,286
Mar 201904,88856.803.06$14,968
Feb 201904,23650.852.79$11,828
Jan 201904,56746.033.23$14,743
Dec 201804,98946.594.19$20,881
Nov 201804,54052.934.24$19,237
Oct 201805,27661.443.40$17,928
Sep 201803,30259.543.11$10,263
Aug 201803,78659.403.07$11,610
Jul 201805,00765.142.93$14,680
Jun 201805,54560.183.08$17,062
May 201807,05065.382.90$20,451
Apr 201806,90263.842.90$20,021
Mar 201807,19761.222.79$20,057
Feb 201806,44661.782.77$17,830
Jan 201806,95762.874.01$27,893
Dec 201707,11657.272.92$20,790
Nov 201706,32055.423.12$19,708
Oct 201707,32449.292.98$21,852
Sep 201707,07747.523.09$21,849
Aug 201707,59445.373.00$22,815
Jul 20171557,72943.873.09$30,661
Jun 201707,90242.493.09$24,396
May 201707,73345.373.26$25,236
Apr 201706,44847.933.21$20,708
Mar 201707,60846.772.98$22,700
Feb 201707,11250.452.95$20,999
Jan 201708,33549.413.42$28,496
Dec 201608,17348.763.72$30,427
Nov 201607,74242.492.64$20,473
Oct 201608,25846.193.09$25,519
Sep 201607,06941.553.10$21,918
Aug 20161826,65441.442.92$27,001
Jul 201607,58741.622.92$22,187
Jun 201604,46045.352.69$11,979
May 201608,48042.521.99$16,884
Apr 201608,40336.561.99$16,731
Mar 201608,72033.011.79$15,644
Feb 201608,21226.472.06$16,947
Jan 201609,07827.352.36$21,464
Dec 201508,60732.362.00$17,226
Nov 201508,89038.792.17$19,268
Oct 201508,79243.552.43$21,334
Sep 201508,19742.992.76$22,611
Aug 201508,73540.162.87$25,091
Jul 201508,98948.152.95$26,473
Jun 201509,91956.152.88$28,595
May 201507,61655.212.96$22,509
Apr 201509,67349.822.71$26,181
Mar 201509,90342.892.93$29,062
Feb 201508,81744.662.98$26,241
Jan 2015010,27343.433.10$31,853
Dec 2014010,88954.693.59$39,106
Nov 201407,64070.464.25$32,484
Oct 2014010,07478.303.90$39,298
Sep 2014010,43786.164.05$42,222
Aug 2014011,66889.394.04$47,082
Jul 2014011,93296.564.18$49,871
Jun 201407,16298.164.74$33,926
May 201406,82894.734.73$32,273
Apr 20141249,79595.944.81$59,002
Mar 2014010,98095.895.06$55,524
Feb 2014010,29397.406.19$63,734
Jan 201409,79590.404.86$47,611
Dec 2013011,48091.824.35$49,989
Nov 2013011,96688.853.74$44,732
Oct 201305,29897.423.78$20,023
Sep 2013011,526104.113.72$42,851
Aug 2013011,893104.253.52$41,894
Jul 2013012,036102.523.72$44,747
Jun 2013011,71394.403.93$46,072
May 2013012,24694.834.15$50,810
Apr 2013011,83893.964.28$50,697
Mar 2013012,98193.623.91$50,793
Feb 2013012,11291.233.42$41,422
Jan 2013013,69691.603.42$46,839
Dec 201219014,15786.773.42$64,906
Nov 2012013,74186.953.62$49,811
Oct 2012014,83489.383.40$50,431
Sep 2012014,44894.672.92$42,165
Aug 2012015,26892.662.91$44,402
Jul 2012015,67785.133.02$47,357
Jun 2012015,55579.822.52$39,184
May 2012016,46591.612.49$40,970
Apr 2012016,831101.652.00$33,608
Mar 2012017,577105.052.22$39,058
Feb 2012016,650101.102.57$42,795
Jan 201218518,85998.092.73$69,709
Dec 2011019,31396.873.24$62,569
Nov 2011019,18095.723.31$63,510
Oct 201118320,86284.983.65$91,667
Sep 2011020,92883.623.99$83,415
Aug 2011022,59483.404.15$93,750
Jul 2011023,86594.144.52$107,804
Jun 2011024,33292.904.64$112,898
May 2011026,05098.134.40$114,746
Apr 2011027,224105.964.33$117,969
Mar 2011329,03096.364.06$118,074
Feb 2011025,81485.644.18$107,902
Jan 2011029,01186.504.59$133,125
Dec 2010036,15485.734.35$157,189
Nov 2010131,24780.843.80$118,674
Oct 2010036,47678.103.51$127,990
Sep 20101442,22672.633.98$169,054
Aug 20101846,89773.684.42$208,581

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                  730 Mcf  × $  3.05 =     $2,223

────────────────────────────────────────────────────
Month total                                   $2,223

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/259195 is the state's own key, not one this site invented.