VARIBUS

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 259258District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.6 M
Jun 2010 – May 2026
Value, last 12 filed months
$145 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 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 Gas112011-04-13201869
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
CondensateDisposition214 bbl$15,298
GasProduction3,433,928 Mcf$13,604,832
Total$13,620,129

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 31.4056, -96.2176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40561, -96.21759 · 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
13,998 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 13,998 ft.

Completions filed
May 2025
1 of 1 wells

1 well

42-289318468H13,998 ftMay 2025

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 202612,275106.413.05$7,036
Apr 202612,45598.932.87$7,144
Mar 202602,85089.753.15$8,976
Feb 202642,24163.503.75$8,658
Jan 202612,82559.138.00$22,653
Dec 202502,78956.664.41$12,309
Nov 202563,00158.593.93$12,135
Oct 202533,34159.383.30$11,220
Sep 202523,48262.743.08$10,839
Aug 202543,73663.933.01$11,519
Jul 202504,59966.743.32$15,247
Jun 202505,37166.483.13$16,804
May 202504,19160.553.23$13,547
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202201,014115.097.98$8,089
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022040881.844.54$1,851
Dec 202102,59271.323.90$10,107
Nov 202102,33577.435.24$12,228
Oct 202101,67979.795.71$9,594
Sep 202101,63869.865.35$8,765
Aug 2021042066.024.22$1,773
Jul 202101,05570.783.98$4,201
Jun 20210069.493.38$0
May 2021023163.483.02$697
Apr 202101,36960.362.76$3,776
Mar 2021058061.302.72$1,576
Feb 2021036057.805.55$1,997
Jan 2021013650.412.81$382
Dec 2020010044.642.68$268
Nov 2020018438.772.71$498
Oct 2020014236.972.48$352
Sep 2020012237.091.99$243
Aug 202001,47539.982.39$3,518
Jul 202004,09438.371.83$7,472
Jun 202001,37334.901.69$2,321
May 202002,06016.921.81$3,738
Apr 20200014.751.80$0
Mar 2020037730.341.86$700
Feb 2020027849.881.98$551
Jan 202001,89857.252.09$3,976
Dec 201904,75259.012.30$10,950
Nov 201902,15555.302.75$5,928
Oct 201902,74053.472.42$6,627
Sep 201903,40555.052.66$9,048
Aug 201904,31053.112.30$9,932
Jul 201906,87456.272.46$16,910
Jun 20190052.782.49$0
May 201901058.482.74$27
Apr 2019052462.632.75$1,441
Mar 201901,71956.803.06$5,264
Feb 201903,46550.852.79$9,675
Jan 201905,61146.033.23$18,113
Dec 201801,08346.594.19$4,533
Nov 201804,07052.934.24$17,246
Oct 201805,93961.443.40$20,181
Sep 201806,48459.543.11$20,152
Aug 201805,62059.403.07$17,234
Jul 201806,71565.142.93$19,688
Jun 201808,25360.183.08$25,394
May 201808,36365.382.90$24,259
Apr 201801,08663.842.90$3,150
Mar 201801661.222.79$45
Feb 201803761.782.77$102
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017042346.772.98$1,262
Feb 201701,34550.452.95$3,971
Jan 201702,07049.413.42$7,077
Dec 201603,33748.763.72$12,423
Nov 201604,29342.492.64$11,352
Oct 201606,82946.193.09$21,103
Sep 201606,47041.553.10$20,061
Aug 201608,85641.442.92$25,898
Jul 201607,14441.622.92$20,891
Jun 201601,06845.352.69$2,868
May 201601,59742.521.99$3,180
Apr 201602,88236.561.99$5,738
Mar 201604,07633.011.79$7,312
Feb 201602,01126.472.06$4,150
Jan 201604,51927.352.36$10,685
Dec 2015024332.362.00$486
Nov 2015086138.792.17$1,866
Oct 201504,25343.552.43$10,320
Sep 201526,49842.992.76$18,010
Aug 201509,48840.162.87$27,254
Jul 201502,71148.152.95$7,984
Jun 201502,42356.152.88$6,985
May 201503,67555.212.96$10,861
Apr 2015010,03149.822.71$27,150
Mar 201505,90042.892.93$17,315
Feb 201506,56744.662.98$19,545
Jan 201504,76343.433.10$14,768
Dec 201407,79654.693.59$27,998
Nov 201409,67970.464.25$41,154
Oct 2014017,43378.303.90$68,005
Sep 2014012,50186.164.05$50,572
Aug 201404,11389.394.04$16,596
Jul 2014019,16396.564.18$80,094
Jun 2014036,02298.164.74$170,632
May 2014028,58894.734.73$135,123
Apr 2014011,82395.944.81$56,858
Mar 201407,03995.895.06$35,595
Feb 2014017,62497.406.19$109,128
Jan 2014027,78890.404.86$135,070
Dec 2013024,21091.824.35$105,422
Nov 2013036,34188.853.74$135,853
Oct 2013060,96697.423.78$230,412
Sep 2013075,340104.113.72$280,095
Aug 2013094,466104.253.52$332,767
Jul 201301,311102.523.72$4,874
Jun 20130094.403.93$0
May 201301094.834.15$41
Apr 201301193.964.28$47
Mar 201303,37993.623.91$13,222
Feb 2013010,21491.233.42$34,931
Jan 2013014,21891.603.42$48,624
Dec 2012014,67986.773.42$50,205
Nov 2012013,81286.953.62$50,068
Oct 2012017,67489.383.40$60,086
Sep 2012020,72394.672.92$60,478
Aug 2012022,33392.662.91$64,948
Jul 2012023,12885.133.02$69,865
Jun 2012035,85579.822.52$90,320
May 2012030,37391.612.49$75,578
Apr 2012029,484101.652.00$58,874
Mar 2012028,120105.052.22$62,485
Feb 2012045,552101.102.57$117,080
Jan 2012029,64698.092.73$81,055
Dec 2011042,49096.873.24$137,657
Nov 2011055,20395.723.31$182,793
Oct 2011050,45184.983.65$184,072
Sep 2011064,00683.623.99$255,115
Aug 2011050,17883.404.15$208,205
Jul 2011070,50194.144.52$318,470
Jun 2011049,32292.904.64$228,848
May 20110100,39598.134.40$442,222
Apr 20110108,470105.964.33$470,031
Mar 20110123,42796.364.06$500,785
Feb 20110101,27885.644.18$423,340
Jan 20110142,96586.504.59$656,035
Dec 20100147,85785.734.35$642,845
Nov 20100182,56580.843.80$692,894
Oct 20100199,51078.103.51$700,059
Sep 20100224,64772.633.98$893,976
Aug 20100236,95473.684.42$1,047,185
Jul 2010189225,59672.554.74$1,082,245
Jun 20101160,05970.364.91$786,024

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                2,275 Mcf  × $  3.05 =     $6,929

────────────────────────────────────────────────────
Month total                                   $7,036

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/259258 is the state's own key, not one this site invented.