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 261570District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Jul 2011 – May 2026
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
179
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 Gas112012-01-09204752
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
CondensateDisposition35 bbl$2,534
GasProduction3,207,911 Mcf$10,660,476
Total$10,663,009

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 31.4028, -96.2213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40279, -96.22134 · 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
14,037 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 14,037 ft.

Completions filed
Apr 2025
1 of 1 wells

1 well

42-2893192810HR14,037 ftApr 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 (179)

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

179 months

May 202614,294106.413.05$13,185
Apr 202614,13098.932.87$11,951
Mar 202604,69989.753.15$14,799
Feb 202634,57663.503.75$17,352
Jan 202615,27559.138.00$42,248
Dec 202505,64556.664.41$24,913
Nov 202575,73758.593.93$22,936
Oct 202536,47759.383.30$21,584
Sep 202526,31062.743.08$19,541
Aug 202546,83663.933.01$20,865
Jul 202508,23766.743.32$27,307
Jun 202508,14666.483.13$25,487
May 2025011,32960.553.23$36,619
Apr 202507,49462.363.54$26,552
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 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201902253.112.30$51
Jul 2019014756.272.46$362
Jun 2019014952.782.49$371
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 20190946.033.23$29
Dec 2018014546.594.19$607
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201801059.403.07$31
Jul 20180465.142.93$12
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180561.222.79$14
Feb 20180561.782.77$14
Jan 2018012162.874.01$485
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017077549.292.98$2,312
Sep 201704,11047.523.09$12,689
Aug 201706,03145.373.00$18,120
Jul 201705,77943.873.09$17,841
Jun 201706,57642.493.09$20,302
May 201706,25645.373.26$20,416
Apr 201705,90547.933.21$18,965
Mar 201705,89646.772.98$17,592
Feb 201707,40450.452.95$21,861
Jan 2017011,56349.413.42$39,532
Dec 2016011,69348.763.72$43,531
Nov 201608,98342.492.64$23,754
Oct 201605,45046.193.09$16,842
Sep 201602,90341.553.10$9,001
Aug 201608,21941.442.92$24,035
Jul 201606,80141.622.92$19,888
Jun 2016010,30545.352.69$27,677
May 2016013,76742.521.99$27,411
Apr 201601,49836.561.99$2,983
Mar 201605,68933.011.79$10,206
Feb 201607,00826.472.06$14,462
Jan 2016010,00427.352.36$23,653
Dec 201508,29032.362.00$16,592
Nov 201507,04138.792.17$15,260
Oct 201507,53743.552.43$18,289
Sep 201517,14842.992.76$19,760
Aug 201508,10240.162.87$23,273
Jul 201507,05248.152.95$20,769
Jun 201509,38156.152.88$27,044
May 201508,03555.212.96$23,747
Apr 201506,68949.822.71$18,104
Mar 201508,23342.892.93$24,161
Feb 201507,39944.662.98$22,021
Jan 201509,72843.433.10$30,163
Dec 2014013,91354.693.59$49,967
Nov 201408,64970.464.25$36,774
Oct 2014015,84178.303.90$61,795
Sep 201405,14086.164.05$20,794
Aug 201409,73289.394.04$39,270
Jul 2014012,45396.564.18$52,049
Jun 2014013,50098.164.74$63,948
May 2014013,50794.734.73$63,842
Apr 2014017,84395.944.81$85,809
Mar 201402495.895.06$121
Feb 201409,96897.406.19$61,722
Jan 2014035,72890.404.86$173,664
Dec 2013039,47391.824.35$171,884
Nov 20131239,24988.853.74$147,790
Oct 2013041,52097.423.78$156,919
Sep 2013047,256104.113.72$175,686
Aug 2013058,039104.253.52$204,449
Jul 2013068,260102.523.72$253,773
Jun 2013078,27894.403.93$307,899
May 2013037,16394.834.15$154,192
Apr 2013011,64393.964.28$49,862
Mar 2013033,26093.623.91$130,142
Feb 2013021,04691.233.42$71,975
Jan 2013047,86991.603.42$163,708
Dec 2012049,41186.773.42$168,994
Nov 2012054,04286.953.62$195,900
Oct 2012065,98989.383.40$224,341
Sep 2012071,22694.672.92$207,866
Aug 2012080,37992.662.91$233,755
Jul 2012090,38485.133.02$273,032
Jun 20120102,98879.822.52$259,431
May 20120107,35191.612.49$267,124
Apr 20120106,811101.652.00$213,280
Mar 20120144,800105.052.22$321,757
Feb 20120152,344101.102.57$391,561
Jan 20120175,74498.092.73$480,498
Dec 20110212,77096.873.24$689,319
Nov 20110179,17095.723.31$593,282
Oct 20110115,89384.983.65$422,840
Sep 20110231,09583.623.99$921,098
Aug 20110144,01083.404.15$597,544
Jul 20110107,09694.144.52$483,778

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                4,294 Mcf  × $  3.05 =    $13,079

────────────────────────────────────────────────────
Month total                                  $13,185

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/261570 is the state's own key, not one this site invented.