PHILLIPS "A" #1 GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261194District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Oct 2010 – May 2026
Value, last 12 filed months
$136 k
at the published price for each month
Months reported
188
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112011-11-22204375
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
CondensateDisposition1,327 bbl$104,773
GasProduction1,428,021 Mcf$5,036,969
Total$5,141,742

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 31.4350, -96.3015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43497, -96.30145 · 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
13,903 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 13,903 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-29332267813,903 ftOct 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 (188)

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

188 months

May 202603,320106.413.05$10,112
Apr 202603,02098.932.87$8,667
Mar 202603,29489.753.15$10,374
Feb 202603,39063.503.75$12,714
Jan 202601,51659.138.00$12,125
Dec 202503,38956.664.41$14,957
Nov 202503,58458.593.93$14,072
Oct 202503,49259.383.30$11,541
Sep 202502,94562.743.08$9,062
Aug 202503,35263.933.01$10,105
Jul 202513,41366.743.32$11,382
Jun 202533,48666.483.13$11,106
May 202524,01860.553.23$13,109
Apr 202512,84962.363.54$10,157
Mar 202504,00667.704.27$17,099
Feb 202502,97870.884.34$12,927
Jan 202523,12974.324.28$13,537
Dec 202423,55068.993.12$11,219
Nov 202403,62369.052.20$7,965
Oct 202433,52071.372.28$8,245
Sep 202413,80069.612.36$9,054
Aug 202433,83775.632.06$8,145
Jul 202433,35079.932.15$7,431
Jun 202413,59478.082.63$9,545
May 202433,63378.812.20$8,223
Apr 202433,40984.451.66$5,910
Mar 202403,45380.301.55$5,335
Feb 202403,63676.091.78$6,485
Jan 202413,25973.023.30$10,820
Dec 202303,51471.262.61$9,174
Nov 202303,35177.892.81$9,408
Oct 202303,75185.443.09$11,580
Sep 202303,83489.042.74$10,486
Aug 202303,22580.522.67$8,620
Jul 202303,55674.852.64$9,394
Jun 202303,39468.962.26$7,665
May 202303,76770.622.23$8,391
Apr 202303,49578.122.24$7,821
Mar 202303,69872.852.39$8,850
Feb 202303,30075.112.47$8,137
Jan 202304,38776.533.39$14,862
Dec 202203,63476.415.73$20,819
Nov 202203,51385.005.65$19,835
Oct 202204,01087.185.86$23,514
Sep 202204,04984.888.16$33,055
Aug 202204,60894.529.13$42,058
Jul 202203,341101.587.54$25,198
Jun 202204,004115.097.98$31,941
May 202203,651109.378.43$30,789
Apr 202204,257104.226.84$29,108
Mar 202204,457108.885.08$22,626
Feb 202203,46891.054.86$16,850
Jan 202203,09581.844.54$14,044
Dec 202104,07371.323.90$15,881
Nov 202104,34377.435.24$22,744
Oct 202104,24979.795.71$24,278
Sep 202103,99069.865.35$21,350
Aug 202104,13366.024.22$17,444
Jul 202105,27870.783.98$21,017
Jun 202104,60969.493.38$15,581
May 202102,71363.483.02$8,187
Apr 202105,70960.362.76$15,748
Mar 202102,93561.302.72$7,974
Feb 202102,54757.805.55$14,131
Jan 202103,41350.412.81$9,591
Dec 202005,18144.642.68$13,862
Nov 202003,11238.772.71$8,423
Oct 202003,09036.972.48$7,658
Sep 202003,39337.091.99$6,756
Aug 202003,76039.982.39$8,968
Jul 202004,80438.371.83$8,768
Jun 202004,32134.901.69$7,304
May 202004,55516.921.81$8,266
Apr 202004,52514.751.80$8,165
Mar 202004,74530.341.86$8,808
Feb 202005,51249.881.98$10,917
Jan 202004,98657.252.09$10,444
Dec 201905,09659.012.30$11,743
Nov 201905,03555.302.75$13,850
Oct 201904,89953.472.42$11,848
Sep 201905,23955.052.66$13,921
Aug 201905,37953.112.30$12,395
Jul 201904,25256.272.46$10,460
Jun 201903,90652.782.49$9,731
May 201904,54658.482.74$12,457
Apr 201904,52362.632.75$12,441
Mar 201906,21756.803.06$19,037
Feb 201906,12350.852.79$17,097
Jan 201905,00146.033.23$16,144
Dec 201804,84446.594.19$20,274
Nov 201805,17152.934.24$21,911
Oct 201807,15761.443.40$24,320
Sep 201803,61359.543.11$11,229
Aug 201805,24759.403.07$16,090
Jul 201805,77265.142.93$16,923
Jun 201803,87460.183.08$11,920
May 201804,11965.382.90$11,948
Apr 201805,52463.842.90$16,024
Mar 201806,47961.222.79$18,056
Feb 201806,10261.782.77$16,879
Jan 201806,91062.874.01$27,704
Dec 201707,08757.272.92$20,705
Nov 2017727,06155.423.12$26,009
Oct 20171857,35849.292.98$31,073
Sep 201707,45947.523.09$23,028
Aug 201708,11645.373.00$24,384
Jul 201708,60743.873.09$26,572
Jun 201708,95642.493.09$27,650
May 2017012,49645.373.26$40,779
Apr 201704,72247.933.21$15,165
Mar 2017071446.772.98$2,130
Feb 2017079950.452.95$2,359
Jan 201701,66949.413.42$5,706
Dec 201603,96548.763.72$14,761
Nov 201604,33242.492.64$11,455
Oct 201604,41046.193.09$13,628
Sep 201604,81141.553.10$14,917
Aug 201604,08541.442.92$11,946
Jul 201604,87441.622.92$14,253
Jun 201605,89645.352.69$15,836
May 201606,39342.521.99$12,729
Apr 201606,18036.561.99$12,305
Mar 201606,96433.011.79$12,493
Feb 201608,64226.472.06$17,834
Jan 201608,56627.352.36$20,253
Dec 20151325,39032.362.00$15,059
Nov 201505,36738.792.17$11,632
Oct 201505,72743.552.43$13,897
Sep 201506,65642.992.76$18,360
Aug 201507,66440.162.87$22,015
Jul 201507,32648.152.95$21,576
Jun 201505,63956.152.88$16,256
May 201505,77755.212.96$17,074
Apr 201506,34949.822.71$17,184
Mar 201508,06442.892.93$23,666
Feb 201507,55444.662.98$22,482
Jan 201508,48543.433.10$26,309
Dec 201408,60854.693.59$30,914
Nov 201408,45170.464.25$35,932
Oct 201408,89978.303.90$34,715
Sep 201408,76286.164.05$35,446
Aug 20141709,17289.394.04$52,206
Jul 201409,20696.564.18$38,477
Jun 201409,34198.164.74$44,247
May 201408,44194.734.73$39,897
Apr 201409,31495.944.81$44,792
Mar 2014010,01395.895.06$50,634
Feb 201408,20097.406.19$50,774
Jan 2014010,17390.404.86$49,448
Dec 2013010,42391.824.35$45,387
Nov 2013010,31988.853.74$38,575
Oct 2013010,91697.423.78$41,255
Sep 2013010,607104.113.72$39,434
Aug 2013011,213104.253.52$39,499
Jul 2013011,717102.523.72$43,561
Jun 2013011,09594.403.93$43,641
May 2013011,75194.834.15$48,756
Apr 2013011,78293.964.28$50,457
Mar 2013012,36993.623.91$48,398
Feb 2013011,44591.233.42$39,141
Jan 2013013,04691.603.42$44,616
Dec 2012013,34986.773.42$45,656
Nov 2012013,25386.953.62$48,042
Oct 2012014,04389.383.40$47,742
Sep 201217413,86494.672.92$56,933
Aug 2012014,86192.662.91$43,218
Jul 2012015,41785.133.02$46,572
Jun 2012015,19579.822.52$38,277
May 2012015,04591.612.49$37,437
Apr 2012014,810101.652.00$29,573
Mar 201219216,115105.052.22$55,978
Feb 2012015,667101.102.57$40,268
Jan 2012017,47098.092.73$47,764
Dec 2011018,27696.873.24$59,209
Nov 2011018,45595.723.31$61,110
Oct 201118620,09084.983.65$89,105
Sep 2011020,59983.623.99$82,103
Aug 2011022,76983.404.15$94,476
Jul 201118324,44194.144.52$127,633
Jun 2011025,75192.904.64$119,482
May 2011430,45698.134.40$134,546
Apr 2011025,385105.964.33$110,000
Mar 2011019,58996.364.06$79,479
Feb 2011019,57085.644.18$81,802
Jan 2011024,59186.504.59$112,843
Dec 2010027,27785.734.35$118,594
Nov 2010042,22880.843.80$160,269
Oct 2010027,82478.103.51$97,631

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                3,320 Mcf  × $  3.05 =    $10,112

────────────────────────────────────────────────────
Month total                                  $10,112

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/261194 is the state's own key, not one this site invented.