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 262459District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.7 M
Aug 2011 – May 2026
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
178
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 Gas112012-04-12205628
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
CondensateDisposition25 bbl$1,987
GasProduction3,549,827 Mcf$11,707,896
Total$11,709,883

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 31.4197, -96.2253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41974, -96.22529 · 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
14,232 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 14,232 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-2893193112H14,232 ftAug 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 (178)

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

178 months

May 202603,428106.413.05$10,441
Apr 202613,33898.932.87$9,678
Mar 202602,13789.753.15$6,730
Feb 2026048563.503.75$1,819
Jan 202603,69259.138.00$29,528
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025034459.383.30$1,137
Sep 202502,20762.743.08$6,791
Aug 202514,48463.933.01$13,582
Jul 202503,30166.743.32$10,943
Jun 202504,08066.483.13$12,765
May 202502,69360.553.23$8,705
Apr 202505,94162.363.54$21,050
Mar 202516,17967.704.27$26,442
Feb 202504,12970.884.34$17,923
Jan 202503,94174.324.28$16,862
Dec 202403,90968.993.12$12,201
Nov 202404,14969.052.20$9,121
Oct 202403,92471.372.28$8,952
Sep 202404,00269.612.36$9,462
Aug 202403,17775.632.06$6,556
Jul 202404,54879.932.15$9,763
Jun 202414,64178.082.63$12,302
May 202403,50578.812.20$7,706
Apr 202413,95984.451.66$6,653
Mar 202403,41780.301.55$5,280
Feb 202404,36976.091.78$7,793
Jan 202403,38073.023.30$11,146
Dec 202302,96971.262.61$7,751
Nov 202302,81277.892.81$7,895
Oct 202303,13985.443.09$9,691
Sep 202301,77789.042.74$4,860
Aug 202302,01480.522.67$5,383
Jul 202302,47074.852.64$6,525
Jun 202303,64768.962.26$8,237
May 202301,74870.622.23$3,894
Apr 2023082478.122.24$1,844
Mar 2023065672.852.39$1,570
Feb 202303,09975.112.47$7,641
Jan 202302,13576.533.39$7,233
Dec 202202,15976.415.73$12,369
Nov 202204,69385.005.65$26,498
Oct 202205,53087.185.86$32,427
Sep 202205,09384.888.16$41,578
Aug 202201,02494.529.13$9,346
Jul 202201,609101.587.54$12,135
Jun 202204,215115.097.98$33,624
May 202204,144109.378.43$34,947
Apr 202203,508104.226.84$23,986
Mar 202206,613108.885.08$33,570
Feb 202203,14391.054.86$15,271
Jan 202201,22981.844.54$5,577
Dec 202104,02171.323.90$15,678
Nov 202101,33977.435.24$7,012
Oct 2021084979.795.71$4,851
Sep 202104,38969.865.35$23,485
Aug 202104,90366.024.22$20,694
Jul 202104,53370.783.98$18,051
Jun 202104,26769.493.38$14,425
May 202106,63763.483.02$20,028
Apr 202101,06560.362.76$2,938
Mar 202102,13961.302.72$5,812
Feb 202103,64257.805.55$20,206
Jan 202103,46850.412.81$9,746
Dec 202005,37544.642.68$14,381
Nov 202003,95038.772.71$10,691
Oct 202006,02036.972.48$14,920
Sep 202004,38437.091.99$8,729
Aug 202004,52039.982.39$10,781
Jul 202005,39938.371.83$9,854
Jun 202004,44634.901.69$7,515
May 202005,39216.921.81$9,785
Apr 202005,26714.751.80$9,504
Mar 202006,13530.341.86$11,388
Feb 202005,22549.881.98$10,349
Jan 202003,72757.252.09$7,807
Dec 201903,73759.012.30$8,611
Nov 201902,13555.302.75$5,873
Oct 201905,22753.472.42$12,642
Sep 201906,09055.052.66$16,183
Aug 201907,25853.112.30$16,725
Jul 2019051156.272.46$1,257
Jun 201906,88452.782.49$17,149
May 201906,94958.482.74$19,042
Apr 201907,90962.632.75$21,755
Mar 201904,75056.803.06$14,545
Feb 201903,45250.852.79$9,639
Jan 201908,31946.033.23$26,855
Dec 201807,76146.594.19$32,483
Nov 201808,35352.934.24$35,394
Oct 201805,42161.443.40$18,421
Sep 201803,49859.543.11$10,872
Aug 201805,16759.403.07$15,845
Jul 201804,68565.142.93$13,736
Jun 201806,80360.183.08$20,932
May 201809,07065.382.90$26,310
Apr 201808,89963.842.90$25,814
Mar 2018011,33761.222.79$31,594
Feb 2018010,69061.782.77$29,570
Jan 201802,67362.874.01$10,717
Dec 201701,43557.272.92$4,192
Nov 201705,97455.423.12$18,629
Oct 2017012,79949.292.98$38,188
Sep 201705,96047.523.09$18,400
Aug 201707,20645.373.00$21,650
Jul 2017010,84743.873.09$33,488
Jun 2017010,75142.493.09$33,191
May 2017016,74045.373.26$54,629
Apr 201709,47047.933.21$30,414
Mar 201702,83146.772.98$8,447
Feb 201702,69450.452.95$7,954
Jan 201702,88149.413.42$9,850
Dec 201602,08448.763.72$7,758
Nov 201602,01242.492.64$5,320
Oct 201608,96146.193.09$27,692
Sep 2016010,73441.553.10$33,282
Aug 201605,03541.442.92$14,724
Jul 2016011,55041.622.92$33,776
Jun 2016012,04645.352.69$32,354
May 2016012,78242.521.99$25,449
Apr 2016012,59036.561.99$25,067
Mar 2016011,07533.011.79$19,869
Feb 2016016,41026.472.06$33,864
Jan 2016013,38427.352.36$31,645
Dec 2015011,67232.362.00$23,360
Nov 201502,97738.792.17$6,452
Oct 2015016,55443.552.43$40,170
Sep 2015414,66142.992.76$40,613
Aug 2015015,15940.162.87$43,544
Jul 2015013,49248.152.95$39,735
Jun 2015013,75256.152.88$39,645
May 2015016,10255.212.96$47,589
Apr 2015011,63249.822.71$31,483
Mar 2015018,29142.892.93$53,679
Feb 2015018,05544.662.98$53,735
Jan 2015015,85443.433.10$49,157
Dec 2014021,58554.693.59$77,520
Nov 2014019,38070.464.25$82,401
Oct 2014019,69578.303.90$76,829
Sep 2014023,01986.164.05$93,122
Aug 2014025,84289.394.04$104,276
Jul 2014026,90696.564.18$112,456
Jun 2014025,37798.164.74$120,208
May 2014029,07494.734.73$137,420
Apr 2014031,94395.944.81$153,618
Mar 2014033,94395.895.06$171,643
Feb 2014036,22997.406.19$224,330
Jan 2014042,59490.404.86$207,038
Dec 2013047,92491.824.35$208,684
Nov 20131631,37288.853.74$118,699
Oct 2013028,09397.423.78$106,174
Sep 2013030,552104.113.72$113,584
Aug 2013033,822104.253.52$119,142
Jul 2013037,004102.523.72$137,571
Jun 2013035,56094.403.93$139,872
May 2013040,84694.834.15$169,473
Apr 2013027,64293.964.28$118,379
Mar 2013038,20093.623.91$149,472
Feb 2013044,11791.233.42$150,876
Jan 2013055,00591.603.42$188,112
Dec 2012060,00286.773.42$205,216
Nov 2012064,75486.953.62$234,731
Oct 2012075,28789.383.40$255,952
Sep 2012082,20794.672.92$239,913
Aug 2012092,51392.662.91$269,043
Jul 2012075,64385.133.02$228,502
Jun 20120107,48679.822.52$270,762
May 20120104,47991.612.49$259,977
Apr 20120107,755101.652.00$215,165
Mar 20120124,581105.052.22$276,829
Feb 20120156,957101.102.57$403,417
Jan 20120194,53398.092.73$531,869
Dec 20110202,10096.873.24$654,751
Nov 20110186,40795.723.31$617,246
Oct 2011051,44684.983.65$187,703
Sep 20110185,54583.623.99$739,545
Aug 2011099,67783.404.15$413,592

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                3,428 Mcf  × $  3.05 =    $10,441

────────────────────────────────────────────────────
Month total                                  $10,441

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/262459 is the state's own key, not one this site invented.