FOUNTAIN

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 266432District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2012 – May 2026
Value, last 12 filed months
$38 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 Gas112013-03-26209358
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
CondensateDisposition17 bbl$922
GasProduction1,324,340 Mcf$4,381,124
Total$4,382,046

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 31.4354, -96.1641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43539, -96.16405 · 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
15,122 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 15,122 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-28931981415,122 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 20260744106.413.05$2,266
Apr 2026087698.932.87$2,514
Mar 2026190389.753.15$2,934
Feb 2026090363.503.75$3,387
Jan 2026092259.138.00$7,374
Dec 2025094756.664.41$4,179
Nov 2025078258.593.93$3,070
Oct 2025169459.383.30$2,353
Sep 2025073862.743.08$2,271
Aug 2025095963.933.01$2,891
Jul 2025065866.743.32$2,181
Jun 2025081166.483.13$2,537
May 2025072760.553.23$2,350
Apr 2025096362.363.54$3,412
Mar 2025183367.704.27$3,623
Feb 2025099970.884.34$4,337
Jan 202501,24474.324.28$5,323
Dec 202411,08968.993.12$3,468
Nov 2024085469.052.20$1,877
Oct 202401,12571.372.28$2,567
Sep 202401,24869.612.36$2,951
Aug 202401,42175.632.06$2,932
Jul 2024096679.932.15$2,074
Jun 2024080378.082.63$2,115
May 202411,26078.812.20$2,849
Apr 202411,09584.451.66$1,901
Mar 202401,27780.301.55$1,973
Feb 202401,25276.091.78$2,233
Jan 202401,34373.023.30$4,429
Dec 202301,33071.262.61$3,472
Nov 2023096777.892.81$2,715
Oct 2023083585.443.09$2,578
Sep 2023073989.042.74$2,021
Aug 202301,64980.522.67$4,408
Jul 202303,08074.852.64$8,137
Jun 202303,51368.962.26$7,934
May 202302,19570.622.23$4,889
Apr 202301,08678.122.24$2,430
Mar 202308872.852.39$211
Feb 2023045675.112.47$1,124
Jan 202301,93276.533.39$6,545
Dec 202201,68176.415.73$9,631
Nov 202202,45685.005.65$13,867
Oct 202202,21687.185.86$12,994
Sep 202202,32984.888.16$19,013
Aug 202202,05794.529.13$18,775
Jul 202203,001101.587.54$22,634
Jun 202203,001115.097.98$23,940
May 202201,801109.378.43$15,188
Apr 202202,200104.226.84$15,043
Mar 202203,320108.885.08$16,854
Feb 202201,46691.054.86$7,123
Jan 202201,52781.844.54$6,929
Dec 202102,59971.323.90$10,134
Nov 202102,27477.435.24$11,909
Oct 202103,01179.795.71$17,204
Sep 202102,49169.865.35$13,329
Aug 202102,93966.024.22$12,404
Jul 202104,17470.783.98$16,621
Jun 202104,04069.493.38$13,658
May 202103,94063.483.02$11,890
Apr 202104,44560.362.76$12,261
Mar 202105,06061.302.72$13,748
Feb 202102,68957.805.55$14,918
Jan 202104,49250.412.81$12,624
Dec 202003,59244.642.68$9,610
Nov 202003,60738.772.71$9,763
Oct 202003,97336.972.48$9,847
Sep 202003,55437.091.99$7,076
Aug 202005,31639.982.39$12,679
Jul 2020028638.371.83$522
Jun 202005,49634.901.69$9,290
May 202005,32916.921.81$9,671
Apr 202005,36314.751.80$9,677
Mar 202005,38030.341.86$9,987
Feb 202006,28849.881.98$12,454
Jan 202006,96757.252.09$14,594
Dec 201906,35259.012.30$14,637
Nov 201906,14355.302.75$16,898
Oct 201906,84953.472.42$16,565
Sep 201906,18555.052.66$16,435
Aug 201907,23053.112.30$16,661
Jul 201907,92356.272.46$19,491
Jun 201907,71852.782.49$19,227
May 201907,65158.482.74$20,966
Apr 201908,02562.632.75$22,074
Mar 201907,93456.803.06$24,295
Feb 201908,65350.852.79$24,161
Jan 2019010,95046.033.23$35,349
Dec 201809,92446.594.19$41,536
Nov 201808,55752.934.24$36,258
Oct 201805,64761.443.40$19,189
Sep 201805,92159.543.11$18,402
Aug 201805,49859.403.07$16,860
Jul 20180065.142.93$0
Jun 201806,61260.183.08$20,345
May 201807,11965.382.90$20,651
Apr 201808,11563.842.90$23,540
Mar 201808,16061.222.79$22,741
Feb 201808,29561.782.77$22,945
Jan 201807,23162.874.01$28,991
Dec 201709,13157.272.92$26,676
Nov 201708,26355.423.12$25,767
Oct 201708,09549.292.98$24,153
Sep 201708,31447.523.09$25,668
Aug 201707,96345.373.00$23,924
Jul 201709,11843.873.09$28,150
Jun 201709,13642.493.09$28,205
May 2017010,17045.373.26$33,189
Apr 201709,78747.933.21$31,432
Mar 201708,12646.772.98$24,245
Feb 201709,08150.452.95$26,813
Jan 201709,79649.413.42$33,491
Dec 201609,54548.763.72$35,534
Nov 201609,87342.492.64$26,108
Oct 2016010,48046.193.09$32,386
Sep 2016010,24341.553.10$31,760
Aug 2016010,93441.442.92$31,975
Jul 2016011,27941.622.92$32,984
Jun 2016011,61845.352.69$31,204
May 2016011,24542.521.99$22,389
Apr 201609,90636.561.99$19,723
Mar 2016012,51233.011.79$22,447
Feb 2016012,19026.472.06$25,156
Jan 2016013,79527.352.36$32,616
Dec 2015014,00732.362.00$28,034
Nov 2015014,06238.792.17$30,477
Oct 2015014,20443.552.43$34,467
Sep 20151114,53742.992.76$40,572
Aug 2015016,35540.162.87$46,980
Jul 2015017,79348.152.95$52,402
Jun 2015017,12956.152.88$49,381
May 2015022,83455.212.96$67,485
Apr 201503,02149.822.71$8,177
Mar 20150342.892.93$9
Feb 201502,24544.662.98$6,682
Jan 201506,30943.433.10$19,562
Dec 201403,93054.693.59$14,114
Nov 201408,01870.464.25$34,091
Oct 201409,22878.303.90$35,998
Sep 2014012,31986.164.05$49,836
Aug 2014014,50889.394.04$58,542
Jul 2014015,50396.564.18$64,796
Jun 2014015,86798.164.74$75,160
May 201408,99894.734.73$42,530
Apr 2014013,47495.944.81$64,798
Mar 2014015,07195.895.06$76,211
Feb 2014011,55797.406.19$71,561
Jan 2014012,30690.404.86$59,816
Dec 2013010,91291.824.35$47,516
Nov 2013013,57988.853.74$50,762
Oct 2013016,31597.423.78$61,660
Sep 2013015,819104.113.72$58,811
Aug 201308,684104.253.52$30,590
Jul 2013012,975102.523.72$48,238
Jun 2013014,59994.403.93$57,424
May 2013017,71294.834.15$73,489
Apr 2013015,30393.964.28$65,536
Mar 2013019,98693.623.91$78,203
Feb 2013019,73091.233.42$67,475
Jan 2013022,74891.603.42$77,796
Dec 2012029,96086.773.42$102,468
Nov 2012035,05186.953.62$127,058
Oct 2012037,34289.383.40$126,951
Sep 2012051,65094.672.92$150,735
Aug 2012069,71092.662.91$202,728
Jul 2012045,02985.133.02$136,024

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                  744 Mcf  × $  3.05 =     $2,266

────────────────────────────────────────────────────
Month total                                   $2,266

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/266432 is the state's own key, not one this site invented.