ORAND -A-

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TEAGUE (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 266225District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
May 2012 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
169
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112013-03-06209162
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
CondensateDisposition370 bbl$33,662
GasProduction2,893,132 Mcf$9,571,088
Total$9,604,751

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 31.7151, -96.1293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71505, -96.12933 · 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
12,223 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 12,223 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-161347587H12,223 ftMay 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 (169)

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

169 months

May 202601,409106.413.05$4,292
Apr 202611,46598.932.87$4,303
Mar 202601,45789.753.15$4,589
Feb 202601,38763.503.75$5,202
Jan 202611,48159.138.00$11,904
Dec 202511,52156.664.41$6,769
Nov 202501,49258.593.93$5,858
Oct 202501,47859.383.30$4,885
Sep 202501,19162.743.08$3,665
Aug 202501,39163.933.01$4,194
Jul 202501,59966.743.32$5,301
Jun 202501,28966.483.13$4,033
May 202501,47860.553.23$4,777
Apr 202501,28462.363.54$4,549
Mar 202501,51067.704.27$6,445
Feb 2025083870.884.34$3,638
Jan 2025086074.324.28$3,680
Dec 202401,25468.993.12$3,914
Nov 2024090169.052.20$1,981
Oct 202401,11471.372.28$2,541
Sep 202401,40469.612.36$3,320
Aug 202401,52275.632.06$3,141
Jul 202401,55379.932.15$3,334
Jun 202411,51078.082.63$4,055
May 202401,89178.812.20$4,157
Apr 202401,93184.451.66$3,204
Mar 202401,02280.301.55$1,579
Feb 202401,50876.091.78$2,690
Jan 202401,15073.023.30$3,792
Dec 202301,16671.262.61$3,044
Nov 202301,24577.892.81$3,495
Oct 202301,23785.443.09$3,819
Sep 202301,14289.042.74$3,123
Aug 202301,39680.522.67$3,731
Jul 2023091974.852.64$2,428
Jun 202301,28768.962.26$2,907
May 202302,00570.622.23$4,466
Apr 202302,73778.122.24$6,125
Mar 202303,51772.852.39$8,417
Feb 202301,74375.112.47$4,298
Jan 202302,43976.533.39$8,263
Dec 202202,57176.415.73$14,729
Nov 202202,07885.005.65$11,733
Oct 202202,60587.185.86$15,275
Sep 202202,69284.888.16$21,977
Aug 202202,90894.529.13$26,542
Jul 202202,521101.587.54$19,014
Jun 202202,447115.097.98$19,520
May 202201,297109.378.43$10,938
Apr 202201,499104.226.84$10,250
Mar 202202,601108.885.08$13,204
Feb 20220091.054.86$0
Jan 2022061481.844.54$2,786
Dec 202101,61471.323.90$6,293
Nov 202101,46577.435.24$7,672
Oct 202101,03679.795.71$5,920
Sep 202101,80669.865.35$9,664
Aug 202101,13666.024.22$4,795
Jul 202101,26070.783.98$5,017
Jun 202101,89869.493.38$6,416
May 202101,64063.483.02$4,949
Apr 202101,14860.362.76$3,167
Mar 202101,54161.302.72$4,187
Feb 2021099957.805.55$5,542
Jan 202101,32550.412.81$3,724
Dec 202002,98344.642.68$7,981
Nov 202005,28838.772.71$14,312
Oct 202006,55936.972.48$16,256
Sep 202005,88337.091.99$11,713
Aug 202006,17839.982.39$14,735
Jul 202007,77038.371.83$14,181
Jun 2020010,70534.901.69$18,095
May 2020010,35516.921.81$18,792
Apr 202005,08114.751.80$9,168
Mar 202006,70730.341.86$12,450
Feb 2020013,01249.881.98$25,772
Jan 2020010,86157.252.09$22,751
Dec 2019014,96059.012.30$34,473
Nov 201909,80655.302.75$26,973
Oct 2019012,29753.472.42$29,741
Sep 2019014,43255.052.66$38,350
Aug 2019015,47853.112.30$35,667
Jul 201909,68356.272.46$23,821
Jun 2019010,99352.782.49$27,386
May 2019011,31458.482.74$31,004
Apr 201909,80662.632.75$26,973
Mar 201907,76856.803.06$23,786
Feb 2019011,68950.852.79$32,638
Jan 2019015,09146.033.23$48,716
Dec 2018011,77546.594.19$49,284
Nov 2018014,73552.934.24$62,436
Oct 2018015,47561.443.40$52,585
Sep 2018016,38459.543.11$50,921
Aug 2018018,35359.403.07$56,281
Jul 2018014,32565.142.93$41,999
Jun 2018010,66560.183.08$32,815
May 201809,69365.382.90$28,117
Apr 201809,90063.842.90$28,718
Mar 2018010,24461.222.79$28,548
Feb 201808,13661.782.77$22,505
Jan 2018011,05562.874.01$44,323
Dec 2017013,36257.272.92$39,037
Nov 2017014,01855.423.12$43,713
Oct 2017014,74149.292.98$43,982
Sep 2017016,44347.523.09$50,764
Aug 2017019,28745.373.00$57,946
Jul 2017018,01843.873.09$55,627
Jun 2017013,90042.493.09$42,913
May 2017015,92745.373.26$51,976
Apr 2017020,41347.933.21$65,558
Mar 2017016,12046.772.98$48,097
Feb 2017019,36350.452.95$57,171
Jan 2017022,21549.413.42$75,949
Dec 2016022,35048.763.72$83,205
Nov 2016021,68942.492.64$57,353
Oct 2016023,14346.193.09$71,518
Sep 2016022,72041.553.10$70,446
Aug 2016023,87941.442.92$69,830
Jul 2016022,83241.622.92$66,769
Jun 2016019,44345.352.69$52,221
May 2016011,50142.521.99$22,899
Apr 2016013,46636.561.99$26,811
Mar 2016016,98133.011.79$30,464
Feb 2016016,77626.472.06$34,619
Jan 2016019,16227.352.36$45,306
Dec 2015017,44132.362.00$34,907
Nov 2015018,71238.792.17$40,555
Oct 2015021,34443.552.43$51,793
Sep 2015121,29542.992.76$58,784
Aug 2015023,04840.162.87$66,205
Jul 2015024,95848.152.95$73,503
Jun 2015024,09156.152.88$69,451
May 2015014,76055.212.96$43,622
Apr 2015016,04449.822.71$43,424
Mar 2015014,25042.892.93$41,820
Feb 2015021,86144.662.98$65,062
Jan 2015021,10643.433.10$65,442
Dec 2014021,31754.693.59$76,557
Nov 2014024,80570.464.25$105,467
Oct 2014027,11378.303.90$105,767
Sep 2014028,55186.164.05$115,501
Aug 2014034,08189.394.04$137,521
Jul 2014034,05996.564.18$142,353
Jun 2014020,35898.164.74$96,433
May 201408,75294.734.73$41,367
Apr 201418029,27195.944.81$158,037
Mar 2014022,26695.895.06$112,595
Feb 2014032,02997.406.19$198,324
Jan 2014036,85190.404.86$179,122
Dec 2013039,13091.824.35$170,391
Nov 2013041,52388.853.74$155,225
Oct 2013044,83697.423.78$169,451
Sep 2013046,188104.113.72$171,715
Aug 2013049,624104.253.52$174,806
Jul 2013052,429102.523.72$194,917
Jun 2013053,95294.403.93$212,215
May 2013060,29194.834.15$250,152
Apr 2013048,91793.964.28$209,491
Mar 2013065,30593.623.91$255,530
Feb 2013062,05991.233.42$212,236
Jan 2013071,60091.603.42$244,866
Dec 201218484,86486.773.42$306,214
Nov 2012065,68686.953.62$238,109
Oct 2012088,85489.383.40$302,075
Sep 2012098,06794.672.92$286,199
Aug 20120116,86692.662.91$339,865
Jul 2012085,33285.133.02$257,771
Jun 20120140,31479.822.52$353,457
May 2012194,32091.612.49$234,790

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                1,409 Mcf  × $  3.05 =     $4,292

────────────────────────────────────────────────────
Month total                                   $4,292

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/266225 is the state's own key, not one this site invented.