MCASHAN 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 266262District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.4 M
Jul 2012 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
167
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 Gas112013-03-06209145
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
CondensateDisposition31 bbl$2,571
GasProduction4,231,598 Mcf$15,383,732
Total$15,386,303

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 31.4324, -96.2085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43238, -96.20851 · 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
14,073 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 14,073 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-289319829H14,073 ftJul 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 (167)

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

167 months

May 202604,059106.413.05$12,363
Apr 202603,54098.932.87$10,159
Mar 202603,93089.753.15$12,377
Feb 202603,66763.503.75$13,752
Jan 202603,85059.138.00$30,792
Dec 202504,26956.664.41$18,841
Nov 202503,96458.593.93$15,564
Oct 202504,57759.383.30$15,126
Sep 202504,19162.743.08$12,895
Aug 202504,42463.933.01$13,337
Jul 202504,42666.743.32$14,673
Jun 202504,75466.483.13$14,874
May 202504,52660.553.23$14,629
Apr 202504,37062.363.54$15,483
Mar 202504,58067.704.27$19,549
Feb 202504,09070.884.34$17,754
Jan 202504,71174.324.28$20,157
Dec 202404,80668.993.12$15,001
Nov 202404,46369.052.20$9,812
Oct 202404,82571.372.28$11,008
Sep 202404,92869.612.36$11,652
Aug 202404,58875.632.06$9,468
Jul 202405,08479.932.15$10,913
Jun 202404,72978.082.63$12,456
May 202405,09078.812.20$11,190
Apr 202404,94684.451.66$8,206
Mar 202405,58680.301.55$8,631
Feb 202405,67376.091.78$10,119
Jan 202403,48173.023.30$11,479
Dec 202305,32571.262.61$13,902
Nov 202305,28377.892.81$14,832
Oct 202305,69685.443.09$17,585
Sep 202305,27989.042.74$14,438
Aug 202305,69380.522.67$15,217
Jul 202305,65774.852.64$14,945
Jun 202305,14668.962.26$11,622
May 202305,63070.622.23$12,540
Apr 202305,68778.122.24$12,726
Mar 202305,50772.852.39$13,179
Feb 202305,21275.112.47$12,851
Jan 202306,23076.533.39$21,106
Dec 202206,68476.415.73$38,293
Nov 202206,37685.005.65$36,000
Oct 202207,08987.185.86$41,568
Sep 202206,97684.888.16$56,950
Aug 202207,36694.529.13$67,231
Jul 202208,148101.587.54$61,453
Jun 202206,903115.097.98$55,067
May 202209,820109.378.43$82,812
Apr 202206,161104.226.84$42,126
Mar 202205,343108.885.08$27,123
Feb 202206,43891.054.86$31,281
Jan 202209,49481.844.54$43,081
Dec 202106,65371.323.90$25,941
Nov 202106,83877.435.24$35,810
Oct 2021010,28879.795.71$58,784
Sep 202108,05569.865.35$43,102
Aug 2021010,13266.024.22$42,763
Jul 202106,73670.783.98$26,823
Jun 202107,95569.493.38$26,893
May 2021010,79163.483.02$32,564
Apr 202107,14760.362.76$19,714
Mar 2021012,81261.302.72$34,809
Feb 202101,30057.805.55$7,212
Jan 2021011,64650.412.81$32,728
Dec 2020013,03944.642.68$34,885
Nov 2020010,86838.772.71$29,415
Oct 202008,40536.972.48$20,831
Sep 202009,27437.091.99$18,465
Aug 2020011,32639.982.39$27,014
Jul 202008,58838.371.83$15,674
Jun 2020010,24634.901.69$17,319
May 2020012,05216.921.81$21,871
Apr 2020012,37214.751.80$22,324
Mar 2020011,72130.341.86$21,757
Feb 2020014,06549.881.98$27,858
Jan 202008,35457.252.09$17,499
Dec 201908,17159.012.30$18,829
Nov 2019015,02055.302.75$41,316
Oct 2019014,28953.472.42$34,559
Sep 2019016,08555.052.66$42,742
Aug 2019017,92753.112.30$41,310
Jul 2019020,49056.272.46$50,407
Jun 2019026,55152.782.49$66,144
May 2019034,37358.482.74$94,193
Apr 2019035,79162.632.75$98,450
Mar 20190056.803.06$0
Feb 201901,14050.852.79$3,183
Jan 201902,63746.033.23$8,513
Dec 201802,48346.594.19$10,392
Nov 201802,77452.934.24$11,754
Oct 201801,83761.443.40$6,242
Sep 201802,30759.543.11$7,170
Aug 201803,31859.403.07$10,175
Jul 201803,42865.142.93$10,050
Jun 201803,91360.183.08$12,040
May 201803,15865.382.90$9,161
Apr 20180063.842.90$0
Mar 201801,38361.222.79$3,854
Feb 201807,12561.782.77$19,709
Jan 2018013,30662.874.01$53,348
Dec 2017021,07657.272.92$61,574
Nov 201706,56555.423.12$20,472
Oct 2017012,79449.292.98$38,173
Sep 2017017,95147.523.09$55,420
Aug 2017014,93345.373.00$44,865
Jul 2017017,69143.873.09$54,617
Jun 2017010,70742.493.09$33,056
May 2017020,25245.373.26$66,090
Apr 2017012,44247.933.21$39,959
Mar 2017018,83846.772.98$56,207
Feb 2017021,85050.452.95$64,514
Jan 2017011,80849.413.42$40,369
Dec 2016019,84448.763.72$73,876
Nov 2016023,69842.492.64$62,666
Oct 2016016,39246.193.09$50,656
Sep 2016018,87841.553.10$58,534
Aug 2016022,18541.442.92$64,876
Jul 2016032,26041.622.92$94,339
Jun 2016012,76545.352.69$34,285
May 2016030,36142.521.99$60,450
Apr 2016031,86836.561.99$63,450
Mar 201605,18233.011.79$9,297
Feb 2016030,71526.472.06$63,384
Jan 2016032,68427.352.36$77,277
Dec 2015041,49732.362.00$83,053
Nov 2015028,92238.792.17$62,684
Oct 2015016,68743.552.43$40,492
Sep 2015436,02842.992.76$99,552
Aug 2015039,69040.162.87$114,009
Jul 20150048.152.95$0
Jun 2015033,53156.152.88$96,665
May 2015012,15055.212.96$35,909
Apr 2015036,60749.822.71$99,079
Mar 2015015,84842.892.93$46,509
Feb 2015026,75444.662.98$79,625
Jan 2015034,77543.433.10$107,824
Dec 2014037,09254.693.59$133,211
Nov 2014037,53070.464.25$159,572
Oct 2014041,75778.303.90$162,892
Sep 2014042,38686.164.05$171,470
Aug 2014045,94489.394.04$185,390
Jul 2014049,86696.564.18$208,420
Jun 2014048,06198.164.74$227,659
May 2014054,87294.734.73$259,356
Apr 2014057,01095.944.81$274,168
Mar 2014064,20595.895.06$324,672
Feb 2014064,23697.406.19$397,749
Jan 2014074,45290.404.86$361,890
Dec 2013086,41691.824.35$376,297
Nov 20132792,04588.853.74$346,489
Oct 20130106,63997.423.78$403,027
Sep 20130123,205104.113.72$458,044
Aug 20130145,259104.253.52$511,691
Jul 20130144,821102.523.72$538,407
Jun 20130200,62294.403.93$789,129
May 20130229,55194.834.15$952,425
Apr 20130239,61193.964.28$1,026,156
Mar 20130266,08993.623.91$1,041,172
Feb 20130281,90791.233.42$964,097
Jan 2013019,91791.603.42$68,114
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012080,10492.662.91$232,955
Jul 2012060,33485.133.02$182,257

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                4,059 Mcf  × $  3.05 =    $12,363

────────────────────────────────────────────────────
Month total                                  $12,363

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/266262 is the state's own key, not one this site invented.