STONE, W. O. GAS UNIT NO. 1

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266304District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2012 – May 2026
Value, last 12 filed months
$125 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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
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 2010-11-30.

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: PRORATION PURPOSES.

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 Gas112013-03-21209240
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
CondensateDisposition3 bbl$232
GasProduction1,286,905 Mcf$4,443,350
Total$4,443,581

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 31.4408, -96.2865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44076, -96.28650 · 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
13,988 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 13,988 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-293323403713,988 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 202603,058106.413.05$9,314
Apr 202603,14298.932.87$9,017
Mar 202602,67789.753.15$8,431
Feb 202602,82263.503.75$10,583
Jan 202602,49659.138.00$19,963
Dec 202502,94656.664.41$13,002
Nov 202502,88458.593.93$11,324
Oct 202503,21359.383.30$10,618
Sep 202503,04362.743.08$9,363
Aug 202502,86963.933.01$8,649
Jul 202502,30766.743.32$7,648
Jun 202502,24666.483.13$7,027
May 202502,93060.553.23$9,471
Apr 202502,83162.363.54$10,031
Mar 202502,43967.704.27$10,410
Feb 202502,91270.884.34$12,641
Jan 202503,09174.324.28$13,225
Dec 202413,34668.993.12$10,513
Nov 202403,29269.052.20$7,237
Oct 202403,31971.372.28$7,572
Sep 202403,25669.612.36$7,698
Aug 202403,38075.632.06$6,975
Jul 202402,48979.932.15$5,343
Jun 202413,54078.082.63$9,402
May 202402,56378.812.20$5,635
Apr 202412,64184.451.66$4,466
Mar 202402,47880.301.55$3,829
Feb 202402,52476.091.78$4,502
Jan 202402,36073.023.30$7,782
Dec 202302,57871.262.61$6,730
Nov 202302,71077.892.81$7,608
Oct 202303,43185.443.09$10,592
Sep 202302,39189.042.74$6,539
Aug 202302,56580.522.67$6,856
Jul 202303,30974.852.64$8,742
Jun 202302,54268.962.26$5,741
May 202303,00770.622.23$6,698
Apr 202302,98878.122.24$6,686
Mar 202303,36072.852.39$8,041
Feb 202303,53875.112.47$8,724
Jan 202302,99676.533.39$10,150
Dec 202203,66076.415.73$20,968
Nov 202203,30485.005.65$18,655
Oct 202203,75387.185.86$22,007
Sep 202203,28284.888.16$26,793
Aug 202203,83694.529.13$35,012
Jul 202203,874101.587.54$29,218
Jun 202203,986115.097.98$31,797
May 202204,792109.378.43$40,411
Apr 202206,380104.226.84$43,624
Mar 202202,335108.885.08$11,853
Feb 202203,45691.054.86$16,792
Jan 202202,18281.844.54$9,901
Dec 202102,48771.323.90$9,697
Nov 202102,43777.435.24$12,762
Oct 202102,54079.795.71$14,513
Sep 202102,39269.865.35$12,799
Aug 202104,90266.024.22$20,689
Jul 202103,35370.783.98$13,352
Jun 202102,84469.493.38$9,614
May 202102,90963.483.02$8,778
Apr 202103,23260.362.76$8,915
Mar 202104,12861.302.72$11,216
Feb 202102,24257.805.55$12,439
Jan 202102,73450.412.81$7,683
Dec 202002,73644.642.68$7,320
Nov 202002,63438.772.71$7,129
Oct 202002,82436.972.48$6,999
Sep 202003,17137.091.99$6,314
Aug 202002,54339.982.39$6,065
Jul 202003,31038.371.83$6,041
Jun 202003,45434.901.69$5,838
May 202003,82416.921.81$6,940
Apr 202004,22214.751.80$7,618
Mar 202004,72230.341.86$8,765
Feb 202004,35849.881.98$8,632
Jan 202004,82657.252.09$10,109
Dec 201904,89859.012.30$11,287
Nov 201904,81155.302.75$13,234
Oct 201904,83953.472.42$11,703
Sep 201904,81355.052.66$12,789
Aug 201905,08053.112.30$11,706
Jul 201905,12756.272.46$12,613
Jun 201905,03252.782.49$12,536
May 201905,26858.482.74$14,436
Apr 201905,10062.632.75$14,029
Mar 201905,36756.803.06$16,434
Feb 201904,79350.852.79$13,383
Jan 201905,34746.033.23$17,261
Dec 201805,19446.594.19$21,739
Nov 201805,04252.934.24$21,364
Oct 201805,40361.443.40$18,360
Sep 201805,27659.543.11$16,398
Aug 201805,54559.403.07$17,004
Jul 201805,62365.142.93$16,486
Jun 201806,36360.183.08$19,578
May 201806,96365.382.90$20,198
Apr 201806,56763.842.90$19,050
Mar 201806,78061.222.79$18,895
Feb 201805,50361.782.77$15,222
Jan 201806,09862.874.01$24,449
Dec 201706,18357.272.92$18,064
Nov 201706,17855.423.12$19,265
Oct 201706,45249.292.98$19,251
Sep 201706,43047.523.09$19,851
Aug 201706,57445.373.00$19,751
Jul 201706,74743.873.09$20,830
Jun 201706,54542.493.09$20,206
May 201706,76745.373.26$22,083
Apr 201706,60047.933.21$21,197
Mar 201706,41446.772.98$19,137
Feb 201705,28850.452.95$15,613
Jan 201706,51749.413.42$22,280
Dec 201606,64048.763.72$24,720
Nov 201606,64242.492.64$17,564
Oct 201606,84246.193.09$21,144
Sep 201606,93941.553.10$21,515
Aug 201607,32241.442.92$21,412
Jul 201607,48041.622.92$21,874
Jun 201607,43445.352.69$19,966
May 201607,72042.521.99$15,371
Apr 201607,81036.561.99$15,550
Mar 201608,21533.011.79$14,738
Feb 201607,77426.472.06$16,043
Jan 201608,41527.352.36$19,896
Dec 201508,55932.362.00$17,130
Nov 201508,55038.792.17$18,531
Oct 201509,03443.552.43$21,922
Sep 201508,84242.992.76$24,390
Aug 201509,48840.162.87$27,254
Jul 201509,71448.152.95$28,609
Jun 201509,57656.152.88$27,606
May 2015010,14955.212.96$29,995
Apr 2015010,12649.822.71$27,407
Mar 201508,27942.892.93$24,296
Feb 201509,46144.662.98$28,158
Jan 2015010,88643.433.10$33,753
Dec 2014010,75354.693.59$38,618
Nov 2014011,11870.464.25$47,272
Oct 2014011,34678.303.90$44,260
Sep 2014010,81586.164.05$43,751
Aug 2014011,90089.394.04$48,018
Jul 2014012,26996.564.18$51,280
Jun 2014012,23298.164.74$57,942
May 2014012,98494.734.73$61,370
Apr 2014012,98095.944.81$62,422
Mar 2014013,76695.895.06$69,612
Feb 2014012,96697.406.19$80,285
Jan 2014014,76690.404.86$71,773
Dec 2013015,16291.824.35$66,023
Nov 2013015,64388.853.74$58,478
Oct 2013017,06797.423.78$64,502
Sep 2013017,511104.113.72$65,101
Aug 2013019,072104.253.52$67,183
Jul 2013020,157102.523.72$74,938
Jun 2013020,70294.403.93$81,429
May 2013023,04594.834.15$95,616
Apr 2013024,23193.964.28$103,771
Mar 2013027,59293.623.91$107,964
Feb 2013028,25991.233.42$96,643
Jan 2013030,24591.603.42$103,435
Dec 2012027,64186.773.42$94,537
Nov 2012031,89086.953.62$115,600
Oct 2012033,77689.383.40$114,828
Sep 2012037,60594.672.92$109,746
Aug 2012060,93792.662.91$177,215
Jul 2012036,87885.133.02$111,401

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                3,058 Mcf  × $  3.05 =     $9,314

────────────────────────────────────────────────────
Month total                                   $9,314

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/266304 is the state's own key, not one this site invented.