MCWATTERS, T. H.

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 266300District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jul 2012 – May 2026
Value, last 12 filed months
$58 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 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 Gas112013-03-21209228
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
CondensateDisposition29 bbl$1,906
GasProduction490,054 Mcf$1,680,343
Total$1,682,248

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 31.5281, -96.2378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52814, -96.23780 · 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
13,090 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 13,090 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-161347623613,090 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 202601,041106.413.05$3,171
Apr 202601,02498.932.87$2,939
Mar 202601,01189.753.15$3,184
Feb 202601,31763.503.75$4,939
Jan 202601,14859.138.00$9,182
Dec 202501,27856.664.41$5,640
Nov 202511,27058.593.93$5,045
Oct 202531,39759.383.30$4,795
Sep 202511,46162.743.08$4,558
Aug 202521,35363.933.01$4,207
Jul 202541,46166.743.32$5,110
Jun 202521,52266.483.13$4,895
May 202551,28460.553.23$4,453
Apr 202521,20962.363.54$4,408
Mar 202521,55967.704.27$6,790
Feb 202501,15370.884.34$5,005
Jan 2025087274.324.28$3,731
Dec 202401,05668.993.12$3,296
Nov 202401,16869.052.20$2,568
Oct 202401,25571.372.28$2,863
Sep 202431,53369.612.36$3,833
Aug 202431,66475.632.06$3,661
Jul 202411,38579.932.15$3,053
Jun 202401,39778.082.63$3,680
May 202401,74778.812.20$3,841
Apr 202401,39884.451.66$2,320
Mar 202401,71680.301.55$2,651
Feb 202401,38476.091.78$2,469
Jan 202401,80973.023.30$5,965
Dec 202301,41971.262.61$3,705
Nov 2023093877.892.81$2,633
Oct 202301,57485.443.09$4,859
Sep 202301,78989.042.74$4,893
Aug 202301,95880.522.67$5,234
Jul 202301,61774.852.64$4,272
Jun 202301,19868.962.26$2,706
May 202301,18070.622.23$2,628
Apr 202301,46678.122.24$3,281
Mar 202301,54872.852.39$3,705
Feb 202301,40675.112.47$3,467
Jan 202301,48476.533.39$5,027
Dec 202201,40876.415.73$8,067
Nov 202201,51885.005.65$8,571
Oct 202201,59887.185.86$9,370
Sep 202201,56084.888.16$12,735
Aug 202201,67294.529.13$15,261
Jul 202201,688101.587.54$12,731
Jun 202201,851115.097.98$14,766
May 202201,670109.378.43$14,083
Apr 202201,614104.226.84$11,036
Mar 202201,789108.885.08$9,082
Feb 202201,40091.054.86$6,802
Jan 202202,04681.844.54$9,284
Dec 202101,63771.323.90$6,383
Nov 202101,57177.435.24$8,227
Oct 202101,77779.795.71$10,154
Sep 202101,84269.865.35$9,856
Aug 202102,05466.024.22$8,669
Jul 202101,90770.783.98$7,594
Jun 202101,77469.493.38$5,997
May 202101,99963.483.02$6,032
Apr 202102,19760.362.76$6,060
Mar 202102,00261.302.72$5,439
Feb 202101,93457.805.55$10,730
Jan 202101,98350.412.81$5,573
Dec 202002,16544.642.68$5,792
Nov 202001,90238.772.71$5,148
Oct 202002,04736.972.48$5,073
Sep 202001,86537.091.99$3,713
Aug 202001,99439.982.39$4,756
Jul 202002,12338.371.83$3,875
Jun 202002,25034.901.69$3,803
May 202002,26516.921.81$4,110
Apr 202002,11114.751.80$3,809
Mar 202002,02030.341.86$3,750
Feb 202002,04049.881.98$4,041
Jan 202002,29357.252.09$4,803
Dec 201902,21259.012.30$5,097
Nov 201902,33655.302.75$6,426
Oct 201902,10953.472.42$5,101
Sep 201902,12155.052.66$5,636
Aug 201902,49553.112.30$5,749
Jul 201902,47156.272.46$6,079
Jun 201902,31852.782.49$5,775
May 201902,39858.482.74$6,571
Apr 201902,45362.632.75$6,747
Mar 201902,12856.803.06$6,516
Feb 201902,21450.852.79$6,182
Jan 201902,20346.033.23$7,112
Dec 201802,55846.594.19$10,706
Nov 201802,25952.934.24$9,572
Oct 201802,71261.443.40$9,216
Sep 201802,55459.543.11$7,938
Aug 201802,55759.403.07$7,841
Jul 201802,64165.142.93$7,743
Jun 201802,23760.183.08$6,883
May 201802,36165.382.90$6,849
Apr 201802,14163.842.90$6,211
Mar 201802,15661.222.79$6,008
Feb 201802,06361.782.77$5,707
Jan 201802,35062.874.01$9,422
Dec 201701,98557.272.92$5,799
Nov 201702,18855.423.12$6,823
Oct 201702,41949.292.98$7,218
Sep 201702,45447.523.09$7,576
Aug 201702,69545.373.00$8,097
Jul 201702,80643.873.09$8,663
Jun 201702,63042.493.09$8,120
May 201703,31345.373.26$10,812
Apr 201703,17347.933.21$10,190
Mar 201703,20746.772.98$9,569
Feb 201702,72650.452.95$8,049
Jan 201702,88349.413.42$9,856
Dec 201602,69048.763.72$10,014
Nov 201603,41342.492.64$9,025
Oct 201602,94246.193.09$9,092
Sep 201603,48441.553.10$10,803
Aug 201603,41341.442.92$9,981
Jul 201602,86141.622.92$8,367
Jun 201602,80245.352.69$7,526
May 201602,79242.521.99$5,559
Apr 201602,90336.561.99$5,780
Mar 201603,13433.011.79$5,622
Feb 201603,01626.472.06$6,224
Jan 201602,79027.352.36$6,597
Dec 201502,79632.362.00$5,596
Nov 201502,85138.792.17$6,179
Oct 201503,29543.552.43$7,996
Sep 201503,42242.992.76$9,439
Aug 201502,90740.162.87$8,350
Jul 201502,92848.152.95$8,623
Jun 201503,19156.152.88$9,199
May 201503,44855.212.96$10,190
Apr 201503,27449.822.71$8,861
Mar 201503,59842.892.93$10,559
Feb 201503,38244.662.98$10,065
Jan 201503,85943.433.10$11,965
Dec 201403,83554.693.59$13,773
Nov 201403,97770.464.25$16,910
Oct 201404,21478.303.90$16,439
Sep 201403,69886.164.05$14,960
Aug 201403,77989.394.04$15,249
Jul 201403,63696.564.18$15,197
Jun 201403,81198.164.74$18,052
May 201404,72994.734.73$22,352
Apr 201403,92995.944.81$18,895
Mar 201404,73995.895.06$23,964
Feb 201404,63097.406.19$28,669
Jan 201405,29490.404.86$25,733
Dec 201305,16191.824.35$22,473
Nov 201304,34988.853.74$16,258
Oct 201305,89497.423.78$22,276
Sep 201306,276104.113.72$23,333
Aug 201306,590104.253.52$23,214
Jul 201307,024102.523.72$26,113
Jun 201307,05894.403.93$27,762
May 201307,52594.834.15$31,222
Apr 201307,77193.964.28$33,280
Mar 201308,46493.623.91$33,119
Feb 201307,98191.233.42$27,294
Jan 201309,16891.603.42$31,354
Dec 2012010,03186.773.42$34,308
Nov 2012011,54786.953.62$41,857
Oct 2012014,02789.383.40$47,687
Sep 201205,81794.672.92$16,976
Aug 2012021,74492.662.91$63,235
Jul 201205,62485.133.02$16,989

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                1,041 Mcf  × $  3.05 =     $3,171

────────────────────────────────────────────────────
Month total                                   $3,171

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/266300 is the state's own key, not one this site invented.