RED RANCH 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 266245District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jun 2012 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
168
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 Gas112013-03-06209144
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
CondensateDisposition4 bbl$381
GasProduction673,478 Mcf$2,256,005
Total$2,256,386

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 31.2841, -96.2400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28409, -96.24004 · 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
17,000 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 17,000 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-28931980217,000 ftJun 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 (168)

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

168 months

May 202603,541106.413.05$10,785
Apr 2026396998.932.87$3,078
Mar 20260089.753.15$0
Feb 20260563.503.75$19
Jan 20260459.138.00$32
Dec 202508156.664.41$357
Nov 20250058.593.93$0
Oct 202502859.383.30$93
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202504366.743.32$143
Jun 202504266.483.13$131
May 202503360.553.23$107
Apr 202503962.363.54$138
Mar 202502967.704.27$124
Feb 20250070.884.34$0
Jan 2025013474.324.28$573
Dec 20240068.993.12$0
Nov 202406069.052.20$132
Oct 202409071.372.28$205
Sep 2024014769.612.36$348
Aug 2024032275.632.06$664
Jul 202404079.932.15$86
Jun 202403778.082.63$97
May 202402078.812.20$44
Apr 2024110484.451.66$257
Mar 202409980.301.55$153
Feb 2024013876.091.78$246
Jan 2024018073.023.30$594
Dec 2023018371.262.61$478
Nov 2023044177.892.81$1,238
Oct 202302,82985.443.09$8,734
Sep 202301,51889.042.74$4,152
Aug 202302,15880.522.67$5,768
Jul 202302,37874.852.64$6,282
Jun 202302,69568.962.26$6,087
May 202303,13070.622.23$6,972
Apr 202302,86778.122.24$6,416
Mar 202303,38972.852.39$8,110
Feb 202302,17975.112.47$5,373
Jan 202302,59176.533.39$8,778
Dec 202202,51876.415.73$14,426
Nov 202202,31285.005.65$13,054
Oct 202202,37387.185.86$13,915
Sep 202202,64184.888.16$21,560
Aug 202201,81094.529.13$16,520
Jul 202201,230101.587.54$9,277
Jun 202201,571115.097.98$12,532
May 202201,349109.378.43$11,376
Apr 202201,632104.226.84$11,159
Mar 202202,184108.885.08$11,087
Feb 202202,67791.054.86$13,007
Jan 202202,84981.844.54$12,928
Dec 202103,41871.323.90$13,327
Nov 202102,83277.435.24$14,831
Oct 202103,10379.795.71$17,730
Sep 202103,17669.865.35$16,995
Aug 202103,55566.024.22$15,004
Jul 202103,13870.783.98$12,496
Jun 202104,43369.493.38$14,986
May 202102,70663.483.02$8,166
Apr 202102,80960.362.76$7,748
Mar 202102,44861.302.72$6,651
Feb 202102,14557.805.55$11,900
Jan 202102,17450.412.81$6,110
Dec 202002,58344.642.68$6,911
Nov 202002,38438.772.71$6,452
Oct 202003,17136.972.48$7,859
Sep 202002,26437.091.99$4,508
Aug 202001,47539.982.39$3,518
Jul 202002,95038.371.83$5,384
Jun 202002,61534.901.69$4,420
May 202003,78816.921.81$6,874
Apr 202005,47514.751.80$9,879
Mar 202003,86730.341.86$7,178
Feb 202004,30549.881.98$8,527
Jan 202002,19757.252.09$4,602
Dec 201902,86059.012.30$6,590
Nov 201903,62355.302.75$9,966
Oct 201902,73953.472.42$6,624
Sep 201901,90955.052.66$5,073
Aug 201903,15553.112.30$7,270
Jul 201903,85956.272.46$9,493
Jun 201904,03152.782.49$10,042
May 201904,33358.482.74$11,874
Apr 201904,42262.632.75$12,164
Mar 201904,44556.803.06$13,611
Feb 201903,49650.852.79$9,762
Jan 201902,19046.033.23$7,070
Dec 201801,96746.594.19$8,233
Nov 201803,24552.934.24$13,750
Oct 201802,83761.443.40$9,640
Sep 201802,64059.543.11$8,205
Aug 201802,39459.403.07$7,341
Jul 201801,99565.142.93$5,849
Jun 201801,82160.183.08$5,603
May 201802,66965.382.90$7,742
Apr 201802,77363.842.90$8,044
Mar 201801,64961.222.79$4,596
Feb 201803,00061.782.77$8,298
Jan 201804,88362.874.01$19,578
Dec 201702,96657.272.92$8,665
Nov 201704,05155.423.12$12,632
Oct 201703,75349.292.98$11,198
Sep 201703,37047.523.09$10,404
Aug 201703,72245.373.00$11,182
Jul 201703,70443.873.09$11,435
Jun 201704,50042.493.09$13,893
May 201703,65545.373.26$11,928
Apr 201704,36347.933.21$14,012
Mar 201703,03646.772.98$9,058
Feb 201703,68750.452.95$10,886
Jan 201704,45049.413.42$15,214
Dec 201603,19048.763.72$11,876
Nov 201603,46742.492.64$9,168
Oct 201603,70446.193.09$11,446
Sep 201605,21941.553.10$16,182
Aug 201604,06441.442.92$11,885
Jul 201604,50541.622.92$13,174
Jun 201604,89145.352.69$13,136
May 201605,39542.521.99$10,742
Apr 201607,79636.561.99$15,522
Mar 201607,05533.011.79$12,657
Feb 201603,35126.472.06$6,915
Jan 201602,34327.352.36$5,540
Dec 201502,38432.362.00$4,771
Nov 201503,72938.792.17$8,082
Oct 201504,04743.552.43$9,820
Sep 201505,91842.992.76$16,324
Aug 201506,67840.162.87$19,182
Jul 201506,51948.152.95$19,199
Jun 201506,77656.152.88$19,534
May 201504,98455.212.96$14,730
Apr 201505,68949.822.71$15,398
Mar 201505,70442.892.93$16,740
Feb 201506,09444.662.98$18,137
Jan 201508,30243.433.10$25,741
Dec 2014010,30554.693.59$37,009
Nov 201403,69870.464.25$15,723
Oct 201402,51078.303.90$9,791
Sep 201401,28286.164.05$5,186
Aug 201403,50489.394.04$14,139
Jul 201406,87896.564.18$28,747
Jun 2014016198.164.74$763
May 201405,24294.734.73$24,777
Apr 201405,02495.944.81$24,161
Mar 201406,27795.895.06$31,742
Feb 201406,79297.406.19$42,056
Jan 201407,78290.404.86$37,826
Dec 201306,99191.824.35$30,442
Nov 201308,29088.853.74$30,990
Oct 201308,92497.423.78$33,727
Sep 2013013,062104.113.72$48,561
Aug 2013012,799104.253.52$45,086
Jul 201309,518102.523.72$35,385
Jun 2013012,26494.403.93$48,239
May 201309,04594.834.15$37,528
Apr 201308,21293.964.28$35,169
Mar 201304,99893.623.91$19,557
Feb 2013011,53291.233.42$39,438
Jan 2013011,70291.603.42$40,020
Dec 2012010,91386.773.42$37,324
Nov 2012012,74086.953.62$46,182
Oct 2012014,79489.383.40$50,295
Sep 2012011,03594.672.92$32,205
Aug 2012030,56192.662.91$88,876
Jul 2012034,24085.133.02$103,432
Jun 2012011,70779.822.52$29,490

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                3,541 Mcf  × $  3.05 =    $10,785

────────────────────────────────────────────────────
Month total                                  $10,785

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/266245 is the state's own key, not one this site invented.