H. L. & P. GAS UNIT

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 261248District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2011 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
183
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 Gas112011-11-22204387
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
CondensateDisposition102 bbl$6,357
GasProduction985,378 Mcf$3,442,036
Total$3,448,392

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 31.4445, -96.2404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44455, -96.24035 · 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
14,151 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 14,151 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-161345883114,151 ftMar 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 (183)

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

183 months

May 20260775106.413.05$2,361
Apr 2026071198.932.87$2,040
Mar 2026080589.753.15$2,535
Feb 2026070163.503.75$2,629
Jan 2026080159.138.00$6,406
Dec 2025072256.664.41$3,186
Nov 2025072958.593.93$2,862
Oct 2025081759.383.30$2,700
Sep 2025079862.743.08$2,455
Aug 2025075563.933.01$2,276
Jul 2025078566.743.32$2,602
Jun 2025078266.483.13$2,447
May 2025083360.553.23$2,693
Apr 2025082162.363.54$2,909
Mar 2025090167.704.27$3,846
Feb 2025076970.884.34$3,338
Jan 2025084974.324.28$3,633
Dec 2024089068.993.12$2,778
Nov 2024084169.052.20$1,849
Oct 2024092171.372.28$2,101
Sep 2024091669.612.36$2,166
Aug 2024086875.632.06$1,791
Jul 2024078679.932.15$1,687
Jun 2024084778.082.63$2,231
May 2024095478.812.20$2,097
Apr 202401,03684.451.66$1,719
Mar 202401,07380.301.55$1,658
Feb 2024098776.091.78$1,760
Jan 202401,12573.023.30$3,710
Dec 2023091571.262.61$2,389
Nov 2023091577.892.81$2,569
Oct 2023087785.443.09$2,708
Sep 202301,03689.042.74$2,834
Aug 202301,02680.522.67$2,742
Jul 2023099474.852.64$2,626
Jun 2023090268.962.26$2,037
May 202301,20970.622.23$2,693
Apr 202301,12278.122.24$2,511
Mar 202301,52172.852.39$3,640
Feb 202301,35575.112.47$3,341
Jan 202301,44076.533.39$4,878
Dec 202201,27576.415.73$7,305
Nov 202201,33685.005.65$7,543
Oct 202201,36487.185.86$7,998
Sep 202201,37784.888.16$11,241
Aug 202201,26894.529.13$11,573
Jul 202201,273101.587.54$9,601
Jun 202201,209115.097.98$9,644
May 202201,376109.378.43$11,604
Apr 202201,407104.226.84$9,621
Mar 202201,429108.885.08$7,254
Feb 202201,29491.054.86$6,287
Jan 202211,56681.844.54$7,188
Dec 202101,54571.323.90$6,024
Nov 202111,57477.435.24$8,320
Oct 202101,56479.795.71$8,936
Sep 202101,63069.865.35$8,722
Aug 202111,64066.024.22$6,988
Jul 202111,77170.783.98$7,123
Jun 202111,54269.493.38$5,282
May 202111,66863.483.02$5,097
Apr 202101,65160.362.76$4,554
Mar 202111,76461.302.72$4,854
Feb 202121,49657.805.55$8,415
Jan 202101,52550.412.81$4,286
Dec 202001,75244.642.68$4,687
Nov 202012,37238.772.71$6,459
Oct 202012,59136.972.48$6,459
Sep 202012,47537.091.99$4,965
Aug 202002,64839.982.39$6,316
Jul 202022,54338.371.83$4,718
Jun 202042,35034.901.69$4,112
May 202001,71116.921.81$3,105
Apr 202022,21314.751.80$4,023
Mar 202032,24630.341.86$4,260
Feb 202022,45249.881.98$4,956
Jan 202002,41657.252.09$5,061
Dec 201901,71859.012.30$3,959
Nov 201902,51455.302.75$6,915
Oct 201902,69453.472.42$6,516
Sep 201903,13455.052.66$8,328
Aug 201903,64853.112.30$8,406
Jul 201903,59656.272.46$8,846
Jun 201913,63652.782.49$9,111
May 201913,58658.482.74$9,885
Apr 201923,10362.632.75$8,661
Mar 201923,21256.803.06$9,949
Feb 201923,01750.852.79$8,526
Jan 201963,27946.033.23$10,861
Dec 201812,36846.594.19$9,958
Nov 201812,17852.934.24$9,282
Oct 201813,61161.443.40$12,332
Sep 201824,29759.543.11$13,474
Aug 201814,71059.403.07$14,503
Jul 201824,42765.142.93$13,110
Jun 201823,22860.183.08$10,053
May 201823,48165.382.90$10,228
Apr 201813,63063.842.90$10,594
Mar 201823,42461.222.79$9,665
Feb 201813,10061.782.77$8,637
Jan 201813,49062.874.01$14,055
Dec 201723,87957.272.92$11,447
Nov 201713,94655.423.12$12,360
Oct 201733,91449.292.98$11,826
Sep 201724,01947.523.09$12,503
Aug 201724,24845.373.00$12,853
Jul 201724,35643.873.09$13,536
Jun 201724,15942.493.09$12,925
May 201734,13845.373.26$13,640
Apr 201724,04947.933.21$13,100
Mar 201714,24746.772.98$12,718
Feb 201723,85850.452.95$11,492
Jan 201714,25749.413.42$14,603
Dec 201614,30648.763.72$16,079
Nov 201604,25542.492.64$11,252
Oct 201604,37446.193.09$13,517
Sep 201604,14441.553.10$12,849
Aug 201604,60441.442.92$13,464
Jul 201604,82441.622.92$14,107
Jun 201603,94345.352.69$10,590
May 201604,62742.521.99$9,213
Apr 201604,64636.561.99$9,250
Mar 201604,58533.011.79$8,226
Feb 201605,63426.472.06$11,626
Jan 201606,11627.352.36$14,460
Dec 201506,29632.362.00$12,601
Nov 201506,29038.792.17$13,633
Oct 201506,33143.552.43$15,363
Sep 201506,15542.992.76$16,978
Aug 201506,36740.162.87$18,289
Jul 201506,95248.152.95$20,474
Jun 201507,17856.152.88$20,693
May 201508,05855.212.96$23,815
Apr 201508,46649.822.71$22,914
Mar 201507,48242.892.93$21,958
Feb 201504,95344.662.98$14,741
Jan 20150743.433.10$22
Dec 201404,77354.693.59$17,142
Nov 201406,96770.464.25$29,623
Oct 201407,66878.303.90$29,913
Sep 201408,07986.164.05$32,683
Aug 201406,37689.394.04$25,728
Jul 201407,75296.564.18$32,400
Jun 201408,49698.164.74$40,245
May 201406,15194.734.73$29,073
Apr 201407,15895.944.81$34,424
Mar 201408,01395.895.06$40,520
Feb 201408,13897.406.19$50,391
Jan 201407,32490.404.86$35,600
Dec 201308,14391.824.35$35,459
Nov 201308,43688.853.74$31,536
Oct 201309,09297.423.78$34,362
Sep 201309,191104.113.72$34,170
Aug 2013209,951104.253.52$37,138
Jul 201309,289102.523.72$34,534
Jun 2013010,20294.403.93$40,129
May 2013010,35994.834.15$42,980
Apr 2013010,73693.964.28$45,978
Mar 2013010,61093.623.91$41,516
Feb 2013011,64291.233.42$39,815
Jan 2013010,77591.603.42$36,850
Dec 2012011,22586.773.42$38,391
Nov 2012011,04786.953.62$40,045
Oct 2012011,46889.383.40$38,988
Sep 2012011,98294.672.92$34,968
Aug 2012012,94792.662.91$37,652
Jul 2012013,16985.133.02$39,781
Jun 2012013,41879.822.52$33,800
May 2012014,25091.612.49$35,459
Apr 2012014,651101.652.00$29,255
Mar 2012015,977105.052.22$35,502
Feb 2012015,826101.102.57$40,677
Jan 2012017,80898.092.73$48,689
Dec 2011019,07496.873.24$61,795
Nov 2011019,54295.723.31$64,709
Oct 2011022,02984.983.65$80,374
Sep 2011023,16383.623.99$92,323
Aug 2011026,75583.404.15$111,015
Jul 2011029,20594.144.52$131,926
Jun 2011031,04192.904.64$144,027
May 2011028,77898.134.40$126,762
Apr 2011131,416105.964.33$136,240
Mar 2011125,31996.364.06$102,824

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                  775 Mcf  × $  3.05 =     $2,361

────────────────────────────────────────────────────
Month total                                   $2,361

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/261248 is the state's own key, not one this site invented.