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 259334District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Aug 2010 – May 2026
Value, last 12 filed months
$143 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 Gas112011-04-13201970
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
CondensateDisposition120 bbl$9,158
GasProduction1,126,835 Mcf$4,027,634
Total$4,036,792

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 31.7285, -96.1700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72850, -96.16995 · 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
12,490 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 12,490 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-16134067612,490 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 202603,130106.413.05$9,533
Apr 202603,04398.932.87$8,733
Mar 202603,28389.753.15$10,340
Feb 202603,00363.503.75$11,262
Jan 202603,34259.138.00$26,729
Dec 202503,17356.664.41$14,004
Nov 202502,99258.593.93$11,748
Oct 202503,19259.383.30$10,549
Sep 202503,10462.743.08$9,551
Aug 202503,17563.933.01$9,572
Jul 202503,24866.743.32$10,768
Jun 202503,25866.483.13$10,193
May 202503,42060.553.23$11,055
Apr 202503,34662.363.54$11,855
Mar 202503,51767.704.27$15,012
Feb 202502,93270.884.34$12,727
Jan 202503,56074.324.28$15,232
Dec 202403,60468.993.12$11,249
Nov 202403,69369.052.20$8,119
Oct 202403,88171.372.28$8,854
Sep 202404,04069.612.36$9,552
Aug 202404,47175.632.06$9,226
Jul 202403,11879.932.15$6,693
Jun 202401,81678.082.63$4,783
May 202402,26778.812.20$4,984
Apr 202412,20584.451.66$3,743
Mar 202402,15080.301.55$3,322
Feb 202402,21376.091.78$3,947
Jan 202402,24673.023.30$7,407
Dec 202302,41571.262.61$6,305
Nov 2023891,95777.892.81$12,427
Oct 202302,46885.443.09$7,619
Sep 202302,63089.042.74$7,193
Aug 202302,66480.522.67$7,121
Jul 202302,72574.852.64$7,199
Jun 202302,70368.962.26$6,105
May 202302,84670.622.23$6,339
Apr 202302,92178.122.24$6,537
Mar 202302,99072.852.39$7,156
Feb 202303,20775.112.47$7,907
Jan 202303,13776.533.39$10,627
Dec 2022044076.415.73$2,521
Nov 202201,79885.005.65$10,152
Oct 202203,04487.185.86$17,849
Sep 202202,14984.888.16$17,544
Aug 202203,07294.529.13$28,039
Jul 202202,972101.587.54$22,415
Jun 202203,198115.097.98$25,511
May 202203,459109.378.43$29,170
Apr 202203,488104.226.84$23,850
Mar 202203,136108.885.08$15,920
Feb 202202,80091.054.86$13,605
Jan 202203,30281.844.54$14,983
Dec 202102,79771.323.90$10,906
Nov 202102,37377.435.24$12,427
Oct 202103,21779.795.71$18,382
Sep 202103,42269.865.35$18,311
Aug 202102,17566.024.22$9,180
Jul 202103,49770.783.98$13,925
Jun 202103,22069.493.38$10,886
May 202102,56363.483.02$7,734
Apr 202103,48860.362.76$9,621
Mar 202103,46661.302.72$9,417
Feb 202102,31257.805.55$12,827
Jan 202103,35950.412.81$9,440
Dec 202003,58744.642.68$9,597
Nov 202003,37338.772.71$9,129
Oct 202003,55636.972.48$8,813
Sep 202003,66237.091.99$7,291
Aug 202002,66739.982.39$6,361
Jul 202002,50038.371.83$4,563
Jun 202003,73434.901.69$6,312
May 202003,36316.921.81$6,103
Apr 202002,34314.751.80$4,228
Mar 202002,62230.341.86$4,867
Feb 202003,64349.881.98$7,216
Jan 202004,55657.252.09$9,544
Dec 201905,11359.012.30$11,782
Nov 201905,56655.302.75$15,310
Oct 201904,16053.472.42$10,061
Sep 201903,85255.052.66$10,236
Aug 201902,73353.112.30$6,298
Jul 201903,63756.272.46$8,947
Jun 201903,72552.782.49$9,280
May 201904,33458.482.74$11,877
Apr 201904,23962.632.75$11,660
Mar 201904,53056.803.06$13,871
Feb 201904,07150.852.79$11,367
Jan 201904,62946.033.23$14,943
Dec 201804,72846.594.19$19,789
Nov 201804,49152.934.24$19,029
Oct 201804,82361.443.40$16,389
Sep 201804,78459.543.11$14,869
Aug 201805,00059.403.07$15,333
Jul 201805,32565.142.93$15,612
Jun 201805,27060.183.08$16,215
May 201805,44065.382.90$15,780
Apr 201805,19363.842.90$15,064
Mar 201805,51861.222.79$15,378
Feb 201805,22561.782.77$14,453
Jan 201806,38762.874.01$25,608
Dec 201706,83057.272.92$19,954
Nov 201703,95355.423.12$12,327
Oct 201703,63449.292.98$10,843
Sep 201703,53647.523.09$10,917
Aug 201703,70945.373.00$11,143
Jul 201713,77343.873.09$11,692
Jun 201703,65142.493.09$11,272
May 201703,99845.373.26$13,047
Apr 201703,96847.933.21$12,744
Mar 201704,13846.772.98$12,346
Feb 201703,73850.452.95$11,037
Jan 201703,95249.413.42$13,511
Dec 201604,11348.763.72$15,312
Nov 201603,55242.492.64$9,393
Oct 201603,71646.193.09$11,483
Sep 201603,42841.553.10$10,629
Aug 201633,77041.442.92$11,149
Jul 201603,98741.622.92$11,659
Jun 201604,00645.352.69$10,759
May 201604,19342.521.99$8,348
Apr 201604,13736.561.99$8,237
Mar 201603,57133.011.79$6,406
Feb 201604,03326.472.06$8,323
Jan 201603,96027.352.36$9,363
Dec 201503,77732.362.00$7,559
Nov 201504,19338.792.17$9,088
Oct 201505,38943.552.43$13,077
Sep 201505,53742.992.76$15,273
Aug 201505,32240.162.87$15,287
Jul 201504,79348.152.95$14,116
Jun 201504,26756.152.88$12,301
May 201504,95155.212.96$14,632
Apr 201504,87949.822.71$13,205
Mar 201505,57142.892.93$16,349
Feb 201505,37144.662.98$15,985
Jan 201506,64043.433.10$20,588
Dec 201406,89954.693.59$24,777
Nov 201405,17570.464.25$22,003
Oct 201405,69378.303.90$22,208
Sep 201406,85786.164.05$27,740
Aug 201407,39589.394.04$29,840
Jul 201408,00196.564.18$33,441
Jun 201405,30098.164.74$25,105
May 201407,74594.734.73$36,607
Apr 201407,54995.944.81$36,304
Mar 201408,00995.895.06$40,500
Feb 201407,77497.406.19$48,137
Jan 201408,44690.404.86$41,054
Dec 201309,13991.824.35$39,796
Nov 201304,77888.853.74$17,862
Oct 201303,86697.423.78$14,611
Sep 201309,147104.113.72$34,006
Aug 201309,229104.253.52$32,510
Jul 201306,789102.523.72$25,240
Jun 201305,43494.403.93$21,374
May 201307,19594.834.15$29,853
Apr 201307,47393.964.28$32,004
Mar 201306,26693.623.91$24,518
Feb 201307,64991.233.42$26,159
Jan 201308,33091.603.42$28,488
Dec 201206,61686.773.42$22,628
Nov 201206,12886.953.62$22,214
Oct 201206,49289.383.40$22,071
Sep 201209,22794.672.92$26,928
Aug 201209,77992.662.91$28,439
Jul 2012010,18485.133.02$30,764
Jun 2012010,32679.822.52$26,012
May 2012011,15691.612.49$27,760
Apr 2012010,681101.652.00$21,328
Mar 2012012,066105.052.22$26,812
Feb 2012011,198101.102.57$28,782
Jan 2012012,23698.092.73$33,454
Dec 2011012,95896.873.24$41,981
Nov 2011013,10495.723.31$43,391
Oct 2011014,23384.983.65$51,930
Sep 2011014,51283.623.99$57,842
Aug 2011015,82483.404.15$65,659
Jul 2011016,97194.144.52$76,662
Jun 2011017,45592.904.64$80,989
May 2011018,91798.134.40$83,326
Apr 2011020,630105.964.33$89,396
Mar 2011322,77596.364.06$92,695
Feb 2011022,05185.644.18$92,173
Jan 2011021,04486.504.59$96,566
Dec 2010020,97185.734.35$91,177
Nov 2010024,30380.843.80$92,238
Oct 2010025,64478.103.51$89,982
Sep 20101030,11572.633.98$120,568
Aug 20101328,85473.684.42$128,474

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                3,130 Mcf  × $  3.05 =     $9,533

────────────────────────────────────────────────────
Month total                                   $9,533

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/259334 is the state's own key, not one this site invented.