MILSTEAD GAS UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266317District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Aug 2012 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
166
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112013-03-21209234
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
CondensateDisposition1 bbl$43
GasProduction986,982 Mcf$3,439,746
Total$3,439,789

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 31.1891, -96.4503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18905, -96.45029 · 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
13,135 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 13,135 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-395318511113,135 ftAug 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 (166)

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

166 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250562.743.08$15
Aug 20250063.933.01$0
Jul 202501,67266.743.32$5,543
Jun 202502,31966.483.13$7,256
May 202502,37760.553.23$7,683
Apr 202502,34762.363.54$8,316
Mar 202502,58967.704.27$11,051
Feb 202501,69870.884.34$7,371
Jan 202502,31374.324.28$9,897
Dec 202402,37068.993.12$7,398
Nov 202402,43369.052.20$5,349
Oct 202402,52771.372.28$5,765
Sep 202402,57969.612.36$6,098
Aug 202402,11375.632.06$4,360
Jul 202402,45779.932.15$5,274
Jun 202402,42678.082.63$6,390
May 202402,83178.812.20$6,224
Apr 202402,89684.451.66$4,805
Mar 202402,37880.301.55$3,674
Feb 202401,75076.091.78$3,121
Jan 202401,38873.023.30$4,577
Dec 202302,36671.262.61$6,177
Nov 202302,69477.892.81$7,564
Oct 202303,48285.443.09$10,750
Sep 202303,46189.042.74$9,466
Aug 202302,99280.522.67$7,997
Jul 202303,18174.852.64$8,404
Jun 202303,15368.962.26$7,121
May 202303,30570.622.23$7,362
Apr 202303,06678.122.24$6,861
Mar 202303,21972.852.39$7,704
Feb 202301,95375.112.47$4,815
Jan 202303,46276.533.39$11,728
Dec 202202,70176.415.73$15,474
Nov 202202,75285.005.65$15,538
Oct 202203,29387.185.86$19,309
Sep 202203,35684.888.16$27,397
Aug 202203,01994.529.13$27,555
Jul 202203,383101.587.54$25,515
Jun 202203,304115.097.98$26,357
May 202203,476109.378.43$29,313
Apr 202203,408104.226.84$23,303
Mar 202203,802108.885.08$19,300
Feb 202202,48391.054.86$12,065
Jan 202203,38181.844.54$15,342
Dec 202103,37571.323.90$13,160
Nov 202103,65577.435.24$19,141
Oct 202103,86279.795.71$22,067
Sep 202103,78769.865.35$20,264
Aug 202103,52566.024.22$14,878
Jul 202103,98070.783.98$15,849
Jun 202103,55269.493.38$12,008
May 202103,80563.483.02$11,482
Apr 202103,38860.362.76$9,346
Mar 202104,04361.302.72$10,985
Feb 202102,49157.805.55$13,820
Jan 202103,80650.412.81$10,696
Dec 202004,13444.642.68$11,060
Nov 202003,69238.772.71$9,993
Oct 202004,19036.972.48$10,385
Sep 202004,18137.091.99$8,325
Aug 202003,45439.982.39$8,238
Jul 202004,21138.371.83$7,686
Jun 202004,10134.901.69$6,932
May 202004,35116.921.81$7,896
Apr 202004,25114.751.80$7,670
Mar 202004,56630.341.86$8,476
Feb 202003,80249.881.98$7,531
Jan 202004,43757.252.09$9,294
Dec 201904,41459.012.30$10,171
Nov 201904,23955.302.75$11,660
Oct 201903,87753.472.42$9,377
Sep 201903,79055.052.66$10,071
Aug 201903,97053.112.30$9,148
Jul 201904,09656.272.46$10,076
Jun 201904,08652.782.49$10,179
May 201903,98658.482.74$10,923
Apr 201904,34962.632.75$11,963
Mar 201904,78956.803.06$14,664
Feb 201903,95650.852.79$11,046
Jan 201904,50846.033.23$14,553
Dec 201804,90646.594.19$20,534
Nov 201804,67652.934.24$19,813
Oct 201804,85461.443.40$16,494
Sep 201804,97459.543.11$15,459
Aug 201805,64459.403.07$17,308
Jul 201805,02465.142.93$14,730
Jun 201805,23360.183.08$16,102
May 201805,19765.382.90$15,075
Apr 201804,02563.842.90$11,676
Mar 201802,50861.222.79$6,989
Feb 201803,10561.782.77$8,589
Jan 201804,59162.874.01$18,407
Dec 201703,53157.272.92$10,316
Nov 201704,63155.423.12$14,441
Oct 201701,74449.292.98$5,204
Sep 201703,20047.523.09$9,879
Aug 201703,52745.373.00$10,597
Jul 201704,59443.873.09$14,183
Jun 201703,23542.493.09$9,987
May 201703,68145.373.26$12,013
Apr 201703,66647.933.21$11,774
Mar 201703,82646.772.98$11,416
Feb 201703,57250.452.95$10,547
Jan 201704,65749.413.42$15,921
Dec 201604,12648.763.72$15,360
Nov 201603,98342.492.64$10,532
Oct 201604,32846.193.09$13,375
Sep 201603,29941.553.10$10,229
Aug 201603,29841.442.92$9,644
Jul 201605,52141.622.92$16,145
Jun 201605,53245.352.69$14,858
May 201604,69142.521.99$9,340
Apr 201604,87136.561.99$9,698
Mar 201605,31533.011.79$9,535
Feb 201604,97126.472.06$10,258
Jan 201605,75427.352.36$13,605
Dec 201505,76132.362.00$11,530
Nov 201505,22638.792.17$11,326
Oct 201505,52743.552.43$13,412
Sep 201514,91842.992.76$13,609
Aug 201506,07940.162.87$17,462
Jul 201505,73148.152.95$16,878
Jun 201505,38456.152.88$15,521
May 201505,70655.212.96$16,864
Apr 201505,85749.822.71$15,852
Mar 201506,59442.892.93$19,351
Feb 201504,80944.662.98$14,313
Jan 201506,72643.433.10$20,855
Dec 201407,66254.693.59$27,517
Nov 201407,46070.464.25$31,719
Oct 201407,90878.303.90$30,849
Sep 201408,28486.164.05$33,512
Aug 201408,97089.394.04$36,195
Jul 201409,01296.564.18$37,667
Jun 201408,75898.164.74$41,486
May 201409,62694.734.73$45,498
Apr 201409,93995.944.81$47,798
Mar 2014010,50395.895.06$53,112
Feb 2014010,05997.406.19$62,285
Jan 2014011,81390.404.86$57,420
Dec 2013012,34491.824.35$53,752
Nov 2013012,46388.853.74$46,590
Oct 2013014,08497.423.78$53,229
Sep 2013014,552104.113.72$54,101
Aug 2013016,000104.253.52$56,362
Jul 2013016,845102.523.72$62,625
Jun 2013017,39894.403.93$68,433
May 2013020,45494.834.15$84,865
Apr 2013021,77193.964.28$93,236
Mar 2013025,05893.623.91$98,049
Feb 2013024,22991.233.42$82,861
Jan 2013026,86391.603.42$91,869
Dec 2012032,00486.773.42$109,459
Nov 2012034,05086.953.62$123,430
Oct 2012037,31989.383.40$126,873
Sep 2012038,31994.672.92$111,830
Aug 2012029,76892.662.91$86,570

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.

Sep 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                    5 Mcf  × $  3.08 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/266317 is the state's own key, not one this site invented.