ORAND GAS UNIT NO. 1

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 260322District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Jan 2011 – May 2026
Value, last 12 filed months
$268 k
at the published price for each month
Months reported
185
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 Gas112011-08-25203282
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
CondensateDisposition3,495 bbl$274,475
GasProduction2,269,793 Mcf$7,956,171
Total$8,230,646

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 31.7236, -96.1891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72361, -96.18911 · 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
12,348 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 12,348 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-16134479512,348 ftJan 2011

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 (185)

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

185 months

May 202626,912106.413.05$21,266
Apr 202656,10598.932.87$18,014
Mar 202614,37989.753.15$13,881
Feb 202614,40063.503.75$16,565
Jan 202635,94459.138.00$47,717
Dec 202515,94756.664.41$26,303
Nov 202506,00758.593.93$23,586
Oct 202506,05359.383.30$20,004
Sep 202505,85562.743.08$18,015
Aug 202506,86363.933.01$20,690
Jul 202506,58466.743.32$21,827
Jun 202506,52366.483.13$20,409
May 202516,53360.553.23$21,177
Apr 202536,28762.363.54$22,463
Mar 202546,35967.704.27$27,413
Feb 202505,84570.884.34$25,372
Jan 202526,42774.324.28$27,648
Dec 202425,66268.993.12$17,811
Nov 202405,94069.052.20$13,059
Oct 202425,85471.372.28$13,498
Sep 202415,45569.612.36$12,967
Aug 202427,42075.632.06$15,463
Jul 202437,47379.932.15$16,281
Jun 202437,23078.082.63$19,278
May 202427,27578.812.20$16,151
Apr 202426,19784.451.66$10,451
Mar 202446,37380.301.55$10,168
Feb 202426,41476.091.78$11,592
Jan 2024156,32773.023.30$21,960
Dec 202306,79171.262.61$17,729
Nov 202306,63477.892.81$18,625
Oct 202307,31585.443.09$22,583
Sep 202306,99889.042.74$19,140
Aug 202305,63580.522.67$15,062
Jul 202307,12574.852.64$18,823
Jun 202306,68268.962.26$15,091
May 202305,72970.622.23$12,761
Apr 202306,23478.122.24$13,950
Mar 202307,45672.852.39$17,843
Feb 202306,62975.112.47$16,345
Jan 202307,65776.533.39$25,940
Dec 202207,99976.415.73$45,827
Nov 202208,23685.005.65$46,502
Oct 202205,77187.185.86$33,840
Sep 202205,96784.888.16$48,713
Aug 202205,86994.529.13$53,567
Jul 202206,409101.587.54$48,337
Jun 202206,415115.097.98$51,174
May 202206,796109.378.43$57,311
Apr 202206,032104.226.84$41,244
Mar 202206,725108.885.08$34,139
Feb 202205,26691.054.86$25,587
Jan 202207,37581.844.54$33,465
Dec 202106,80871.323.90$26,545
Nov 202106,64177.435.24$34,778
Oct 202106,88679.795.71$39,346
Sep 202106,66769.865.35$35,675
Aug 202107,37866.024.22$31,140
Jul 202106,65570.783.98$26,501
Jun 202106,97269.493.38$23,570
May 202108,56363.483.02$25,840
Apr 202108,14560.362.76$22,467
Mar 202108,23561.302.72$22,374
Feb 202105,41257.805.55$30,026
Jan 202108,24150.412.81$23,159
Dec 202008,22444.642.68$22,003
Nov 202007,98738.772.71$21,617
Oct 202008,23136.972.48$20,400
Sep 202007,97337.091.99$15,875
Aug 202008,36139.982.39$19,942
Jul 202008,37738.371.83$15,289
Jun 202008,03234.901.69$13,577
May 202008,39416.921.81$15,233
Apr 202007,76014.751.80$14,002
Mar 202008,22730.341.86$15,271
Feb 202007,70949.881.98$15,269
Jan 202008,43857.252.09$17,675
Dec 201908,32759.012.30$19,188
Nov 201907,33755.302.75$20,182
Oct 201908,35553.472.42$20,207
Sep 201908,39155.052.66$22,297
Aug 201908,76253.112.30$20,191
Jul 201908,95156.272.46$22,020
Jun 201908,60052.782.49$21,424
May 201909,15658.482.74$25,090
Apr 201908,93062.632.75$24,564
Mar 201909,04156.803.06$27,684
Feb 201907,69550.852.79$21,486
Jan 201908,97846.033.23$28,983
Dec 201808,91846.594.19$37,326
Nov 201809,01652.934.24$38,203
Oct 201809,56461.443.40$32,499
Sep 201809,19959.543.11$28,590
Aug 201809,65759.403.07$29,614
Jul 201809,67965.142.93$28,378
Jun 201809,66160.183.08$29,726
May 2018010,17065.382.90$29,501
Apr 201809,30963.842.90$27,004
Mar 201809,65761.222.79$26,913
Feb 201808,12161.782.77$22,464
Jan 201809,27162.874.01$37,170
Dec 2017010,12457.272.92$29,577
Nov 2017010,13155.423.12$31,592
Oct 2017010,20049.292.98$30,434
Sep 201709,86947.523.09$30,468
Aug 20171827,90845.373.00$32,016
Jul 201704,93843.873.09$15,245
Jun 201709,30342.493.09$28,721
May 201709,65445.373.26$31,505
Apr 201709,33247.933.21$29,971
Mar 2017010,03446.772.98$29,938
Feb 20171828,58750.452.95$34,536
Jan 201709,55949.413.42$32,680
Dec 201609,85448.763.72$36,685
Nov 2016010,06042.492.64$26,602
Oct 2016010,56946.193.09$32,661
Sep 201609,34741.553.10$28,982
Aug 201609,99241.442.92$29,220
Jul 201607,97841.622.92$23,330
Jun 201618210,88445.352.69$37,486
May 2016011,51942.521.99$22,935
Apr 2016011,52036.561.99$22,937
Mar 2016012,53533.011.79$22,488
Feb 2016012,58726.472.06$25,975
Jan 2016011,10227.352.36$26,249
Dec 201508,87632.362.00$17,765
Nov 2015010,82838.792.17$23,468
Oct 201516112,48743.552.43$37,312
Sep 201517,92242.992.76$21,895
Aug 2015011,71640.162.87$33,654
Jul 201518012,24048.152.95$44,715
Jun 201506,09956.152.88$17,583
May 2015012,40255.212.96$36,653
Apr 201517311,05249.822.71$38,532
Mar 201509,05742.892.93$26,580
Feb 2015010,57444.662.98$31,470
Jan 2015012,49343.433.10$38,736
Dec 2014012,89254.693.59$46,300
Nov 2014012,19070.464.25$51,830
Oct 2014013,44478.303.90$52,445
Sep 2014013,33486.164.05$53,942
Aug 2014012,01289.394.04$48,470
Jul 2014014,86096.564.18$62,109
Jun 2014011,35898.164.74$53,801
May 2014012,97794.734.73$61,337
Apr 201418710,10595.944.81$66,537
Mar 2014014,12395.895.06$71,417
Feb 2014013,20797.406.19$81,778
Jan 2014014,94990.404.86$72,663
Dec 201317014,51691.824.35$78,819
Nov 2013015,30888.853.74$57,226
Oct 2013014,78397.423.78$55,870
Sep 2013015,795104.113.72$58,722
Aug 2013016,859104.253.52$59,388
Jul 201318817,120102.523.72$82,921
Jun 2013016,49894.403.93$64,893
May 2013017,80294.834.15$73,862
Apr 2013017,99993.964.28$77,082
Mar 201318319,74293.623.91$94,380
Feb 2013020,06891.233.42$68,631
Jan 2013011,68591.603.42$39,962
Dec 2012014,90186.773.42$50,964
Nov 201217819,09986.953.62$84,710
Oct 2012020,46689.383.40$69,578
Sep 2012020,48794.672.92$59,789
Aug 2012021,25392.662.91$61,807
Jul 201218222,19385.133.02$82,534
Jun 2012021,63379.822.52$54,494
May 201218924,05691.612.49$77,173
Apr 2012024,705101.652.00$49,331
Mar 2012026,041105.052.22$57,865
Feb 2012024,739101.102.57$63,585
Jan 201218128,40598.092.73$95,416
Dec 2011029,21096.873.24$94,633
Nov 2011029,59095.723.31$97,981
Oct 201118333,37184.983.65$137,307
Sep 201118034,30583.623.99$151,784
Aug 2011037,96383.404.15$157,521
Jul 2011042,67794.144.52$192,782
Jun 201118145,32892.904.64$227,131
May 201136550,99298.134.40$260,428
Apr 2011059,832105.964.33$259,269
Mar 2011682,05296.364.06$333,491
Feb 2011088,29985.644.18$369,088
Jan 2011011,78986.504.59$54,097

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             2 bbl  × $106.41 =       $213
Gas                6,912 Mcf  × $  3.05 =    $21,053

────────────────────────────────────────────────────
Month total                                  $21,266

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/260322 is the state's own key, not one this site invented.