PRATT 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 266471District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Mar 2012 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
171
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 Gas112013-03-26209357
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$102
GasProduction2,401,876 Mcf$7,872,741
Total$7,872,843

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 31.3616, -96.3380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36164, -96.33801 · 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
13,474 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 13,474 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-293323602H13,474 ftMar 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 (171)

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

171 months

May 202604,648106.413.05$14,157
Apr 202605,18598.932.87$14,880
Mar 202604,87989.753.15$15,366
Feb 202605,04863.503.75$18,932
Jan 202605,59259.138.00$44,724
Dec 202505,67756.664.41$25,055
Nov 202505,60858.593.93$22,019
Oct 202505,90859.383.30$19,525
Sep 202506,73562.743.08$20,723
Aug 202506,95463.933.01$20,965
Jul 202507,49366.743.32$24,841
Jun 202506,99166.483.13$21,873
May 202508,76760.553.23$28,338
Apr 2025010,25662.363.54$36,338
Mar 2025012,29367.704.27$52,470
Feb 2025014,16070.884.34$61,466
Jan 2025021,68474.324.28$92,779
Dec 2024019,39868.993.12$60,548
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022082294.529.13$7,503
Jul 202204,650101.587.54$35,071
Jun 202204,298115.097.98$34,286
May 202205,217109.378.43$43,995
Apr 202204,655104.226.84$31,829
Mar 202205,736108.885.08$29,118
Feb 202204,45691.054.86$21,651
Jan 202205,72781.844.54$25,987
Dec 202106,31471.323.90$24,619
Nov 202106,08977.435.24$31,887
Oct 202106,43379.795.71$36,757
Sep 202104,94769.865.35$26,471
Aug 202106,49666.024.22$27,417
Jul 202106,07970.783.98$24,207
Jun 202105,22569.493.38$17,664
May 202106,08463.483.02$18,360
Apr 202106,11460.362.76$16,865
Mar 202107,72461.302.72$20,986
Feb 202106,01757.805.55$33,382
Jan 202106,45250.412.81$18,132
Dec 202006,16944.642.68$16,505
Nov 202006,70738.772.71$18,153
Oct 202004,98336.972.48$12,350
Sep 202006,71937.091.99$13,378
Aug 202006,69539.982.39$15,968
Jul 202005,48238.371.83$10,005
Jun 202006,45234.901.69$10,906
May 202006,40616.921.81$11,625
Apr 202006,49214.751.80$11,714
Mar 202007,12330.341.86$13,222
Feb 202006,72349.881.98$13,316
Jan 202006,75757.252.09$14,154
Dec 201907,09159.012.30$16,340
Nov 201906,10555.302.75$16,793
Oct 201906,72753.472.42$16,270
Sep 201907,13555.052.66$18,960
Aug 201906,60453.112.30$15,218
Jul 201906,61156.272.46$16,263
Jun 201906,63252.782.49$16,522
May 201907,20758.482.74$19,749
Apr 201906,66562.632.75$18,333
Mar 201907,60656.803.06$23,290
Feb 201906,84750.852.79$19,118
Jan 201907,83346.033.23$25,286
Dec 201807,66646.594.19$32,086
Nov 201807,76752.934.24$32,911
Oct 201808,19861.443.40$27,857
Sep 201807,92459.543.11$24,628
Aug 201808,12959.403.07$24,928
Jul 201809,00965.142.93$26,413
Jun 201808,79360.183.08$27,055
May 201809,01465.382.90$26,148
Apr 201808,92963.842.90$25,901
Mar 201809,42061.222.79$26,252
Feb 201808,28061.782.77$22,903
Jan 201809,37562.874.01$37,587
Dec 201709,96757.272.92$29,119
Nov 201709,76355.423.12$30,445
Oct 2017010,32149.292.98$30,795
Sep 2017010,22647.523.09$31,571
Aug 2017010,83645.373.00$32,556
Jul 2017011,08343.873.09$34,216
Jun 2017010,88942.493.09$33,617
May 2017011,41745.373.26$37,258
Apr 2017010,87347.933.21$34,920
Mar 2017011,49246.772.98$34,288
Feb 2017010,78450.452.95$31,841
Jan 2017011,95749.413.42$40,879
Dec 2016012,23848.763.72$45,560
Nov 2016012,01442.492.64$31,769
Oct 2016011,53546.193.09$35,646
Sep 2016011,61841.553.10$36,023
Aug 2016013,10741.442.92$38,329
Jul 2016013,61241.622.92$39,806
Jun 2016014,01945.352.69$37,653
May 2016013,38442.521.99$26,648
Apr 2016013,31936.561.99$26,519
Mar 2016014,80433.011.79$26,559
Feb 2016014,13826.472.06$29,176
Jan 2016015,15627.352.36$35,834
Dec 2015015,81632.362.00$31,654
Nov 2015015,59738.792.17$33,804
Oct 2015016,64743.552.43$40,395
Sep 2015017,52842.992.76$48,350
Aug 2015016,94640.162.87$48,677
Jul 2015016,29748.152.95$47,996
Jun 2015017,30756.152.88$49,894
May 2015017,92855.212.96$52,985
Apr 2015018,25349.822.71$49,403
Mar 2015019,09942.892.93$56,050
Feb 2015017,43244.662.98$51,881
Jan 2015020,94843.433.10$64,952
Dec 2014019,96554.693.59$71,702
Nov 2014020,98770.464.25$89,233
Oct 2014022,77278.303.90$88,833
Sep 2014024,63986.164.05$99,676
Aug 2014016,95589.394.04$68,415
Jul 2014018,38996.564.18$76,859
Jun 2014018,63998.164.74$88,291
May 2014020,10594.734.73$95,027
Apr 2014019,93595.944.81$95,870
Mar 2014022,06895.895.06$111,593
Feb 2014021,29897.406.19$131,877
Jan 2014027,47990.404.86$133,568
Dec 2013021,82791.824.35$95,045
Nov 201303,67688.853.74$13,742
Oct 2013027,02897.423.78$102,149
Sep 2013026,812104.113.72$99,680
Aug 2013029,676104.253.52$104,537
Jul 2013029,783102.523.72$110,725
Jun 2013030,23394.403.93$118,919
May 2013034,26594.834.15$142,168
Apr 2013036,07593.964.28$154,494
Mar 2013040,51493.623.91$158,526
Feb 2013039,20491.233.42$134,074
Jan 2013041,74891.603.42$142,774
Dec 2012050,44986.773.42$172,544
Nov 2012054,41786.953.62$197,259
Oct 2012061,15389.383.40$207,901
Sep 2012068,50794.672.92$199,931
Aug 2012080,96892.662.91$235,468
Jul 2012095,15785.133.02$287,450
Jun 20120114,77079.822.52$289,110
May 20120110,94691.612.49$276,069
Apr 20121100,635101.652.00$201,050
Mar 2012023,366105.052.22$51,921

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                4,648 Mcf  × $  3.05 =    $14,157

────────────────────────────────────────────────────
Month total                                  $14,157

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/266471 is the state's own key, not one this site invented.