T. H. MCWATTERS

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FREESTONE (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 264285District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$4.6 M
Dec 2010 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
186
no gaps in the span
Streams
1
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112012-08-17206995
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
GasProduction1,313,685 Mcf$4,623,043
Total$4,623,043

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 31.5232, -96.2431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52319, -96.24315 · 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
12,962 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 12,962 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-161346333212,962 ftDec 2012

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 (186)

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

186 months

May 20263,810106.413.05$11,605
Apr 20263,19098.932.87$9,154
Mar 20264,04289.753.15$12,730
Feb 20263,39163.503.75$12,717
Jan 20263,29759.138.00$26,369
Dec 20253,23356.664.41$14,268
Nov 20253,13558.593.93$12,309
Oct 20253,25159.383.30$10,744
Sep 20253,13062.743.08$9,631
Aug 20253,24463.933.01$9,780
Jul 20253,30566.743.32$10,957
Jun 20253,37866.483.13$10,569
May 20252,87360.553.23$9,286
Apr 20252,66962.363.54$9,457
Mar 20253,45867.704.27$14,760
Feb 20253,05270.884.34$13,248
Jan 20253,07274.324.28$13,144
Dec 20243,38768.993.12$10,572
Nov 20243,66569.052.20$8,057
Oct 20243,74971.372.28$8,553
Sep 20243,93169.612.36$9,294
Aug 20244,10275.632.06$8,465
Jul 20243,98379.932.15$8,550
Jun 20243,79878.082.63$10,004
May 20243,65978.812.20$8,044
Apr 20243,09484.451.66$5,134
Mar 20242,91280.301.55$4,499
Feb 20242,86776.091.78$5,114
Jan 20243,39273.023.30$11,186
Dec 20234,01771.262.61$10,487
Nov 20234,08177.892.81$11,458
Oct 20234,17185.443.09$12,877
Sep 20234,21789.042.74$11,534
Aug 20234,03580.522.67$10,785
Jul 20233,88874.852.64$10,271
Jun 20234,21768.962.26$9,524
May 20234,36070.622.23$9,711
Apr 20234,45278.122.24$9,963
Mar 20234,63472.852.39$11,090
Feb 20233,30975.112.47$8,159
Jan 20233,39076.533.39$11,484
Dec 20223,91676.415.73$22,435
Nov 20223,99785.005.65$22,568
Oct 20223,95587.185.86$23,191
Sep 20223,77684.888.16$30,826
Aug 20224,01794.529.13$36,664
Jul 20223,912101.587.54$29,505
Jun 20223,564115.097.98$28,431
May 20224,521109.378.43$38,126
Apr 20223,411104.226.84$23,323
Mar 20223,988108.885.08$20,245
Feb 20223,57891.054.86$17,385
Jan 20223,84781.844.54$17,456
Dec 20214,29371.323.90$16,739
Nov 20214,29977.435.24$22,513
Oct 20214,38979.795.71$25,078
Sep 20214,61969.865.35$24,716
Aug 20214,82066.024.22$20,343
Jul 20214,80270.783.98$19,122
Jun 20214,61869.493.38$15,612
May 20214,86663.483.02$14,684
Apr 20214,92960.362.76$13,596
Mar 20214,95561.302.72$13,462
Feb 20214,07757.805.55$22,619
Jan 20215,05050.412.81$14,192
Dec 20205,01344.642.68$13,412
Nov 20204,72038.772.71$12,775
Oct 20205,05736.972.48$12,533
Sep 20204,92937.091.99$9,814
Aug 20205,21939.982.39$12,448
Jul 20204,72938.371.83$8,631
Jun 20204,36334.901.69$7,375
May 20205,14516.921.81$9,337
Apr 20205,19014.751.80$9,365
Mar 20205,56430.341.86$10,328
Feb 20205,01449.881.98$9,931
Jan 20205,74257.252.09$12,028
Dec 20195,78059.012.30$13,319
Nov 20195,57755.302.75$15,341
Oct 20195,95653.472.42$14,405
Sep 20195,15755.052.66$13,704
Aug 20195,27753.112.30$12,160
Jul 20195,34556.272.46$13,149
Jun 20195,27452.782.49$13,139
May 20195,09558.482.74$13,962
Apr 20195,29862.632.75$14,573
Mar 20195,19156.803.06$15,895
Feb 20194,98750.852.79$13,925
Jan 20195,47146.033.23$17,661
Dec 20185,57246.594.19$23,321
Nov 20185,73352.934.24$24,292
Oct 20185,97661.443.40$20,307
Sep 20186,07759.543.11$18,887
Aug 20186,43359.403.07$19,727
Jul 20186,19065.142.93$18,148
Jun 20186,06460.183.08$18,658
May 20186,20865.382.90$18,008
Apr 20185,86163.842.90$17,002
Mar 20186,23061.222.79$17,362
Feb 20185,82961.782.77$16,124
Jan 20185,98662.874.01$24,000
Dec 20176,26657.272.92$18,306
Nov 20176,38855.423.12$19,920
Oct 20176,83249.292.98$20,385
Sep 20176,82947.523.09$21,083
Aug 20177,12145.373.00$21,394
Jul 20176,99143.873.09$21,583
Jun 20176,27342.493.09$19,367
May 20176,73245.373.26$21,969
Apr 20177,10347.933.21$22,812
Mar 20177,34746.772.98$21,921
Feb 20176,79250.452.95$20,054
Jan 20177,33849.413.42$25,087
Dec 20167,57148.763.72$28,186
Nov 20167,27142.492.64$19,227
Oct 20167,41446.193.09$22,911
Sep 20167,50641.553.10$23,273
Aug 20167,74641.442.92$22,652
Jul 20167,44341.622.92$21,766
Jun 20167,46345.352.69$20,044
May 20168,03942.521.99$16,006
Apr 20167,87036.561.99$15,669
Mar 20168,18733.011.79$14,688
Feb 20167,82926.472.06$16,156
Jan 20168,53427.352.36$20,177
Dec 20158,65232.362.00$17,316
Nov 20158,48638.792.17$18,392
Oct 20158,89043.552.43$21,572
Sep 20158,76042.992.76$24,164
Aug 20159,35940.162.87$26,884
Jul 20159,22048.152.95$27,154
Jun 20158,18756.152.88$23,602
May 20158,92455.212.96$26,374
Apr 20158,63749.822.71$23,377
Mar 20158,90342.892.93$26,128
Feb 20158,20844.662.98$24,429
Jan 20159,54943.433.10$29,608
Dec 201410,11954.693.59$36,341
Nov 20149,95470.464.25$42,323
Oct 201410,68778.303.90$41,690
Sep 201410,75886.164.05$43,521
Aug 201411,39589.394.04$45,980
Jul 201411,82696.564.18$49,428
Jun 201411,77798.164.74$55,786
May 201412,15694.734.73$57,456
Apr 201411,84295.944.81$56,950
Mar 201412,41395.895.06$62,770
Feb 201411,25197.406.19$69,666
Jan 201412,24590.404.86$59,520
Dec 201312,89791.824.35$56,160
Nov 201313,43488.853.74$50,220
Oct 201314,77697.423.78$55,844
Sep 201315,021104.113.72$55,844
Aug 201315,831104.253.52$55,766
Jul 201316,617102.523.72$61,778
Jun 201316,96894.403.93$66,742
May 201317,92894.834.15$74,385
Apr 201317,62893.964.28$75,494
Mar 201315,21793.623.91$59,542
Feb 20139,23191.233.42$31,569
Jan 201314,63491.603.42$50,047
Dec 20127,09386.773.42$24,259
Nov 20122,14386.953.62$7,768
Oct 20128,94789.383.40$30,417
Sep 20123,29594.672.92$9,616
Aug 20125,41592.662.91$15,748
Jul 20126,09285.133.02$18,403
Jun 20127,67079.822.52$19,321
May 20129,43691.612.49$23,480
Apr 20127,703101.652.00$15,381
Mar 20125,658105.052.22$12,573
Feb 20127,655101.102.57$19,675
Jan 20129,75898.092.73$26,679
Dec 20115,76396.873.24$18,671
Nov 20119,35095.723.31$30,960
Oct 201110,25884.983.65$37,427
Sep 201110,54283.623.99$42,018
Aug 201111,44383.404.15$47,481
Jul 201112,22894.144.52$55,237
Jun 201112,82692.904.64$59,511
May 201114,87398.134.40$65,513
Apr 201116,661105.964.33$72,197
Mar 201119,77196.364.06$80,218
Feb 201120,18285.644.18$84,360
Jan 201129,07786.504.59$133,428
Dec 201016,29085.734.35$70,825

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
Gas                3,810 Mcf  × $  3.05 =    $11,605

────────────────────────────────────────────────────
Month total                                  $11,605

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/264285 is the state's own key, not one this site invented.