MCASHAN GAS UNIT

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 266474District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.3 M
Jun 2012 – May 2026
Value, last 12 filed months
$158 k
at the published price for each month
Months reported
168
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 Gas112013-03-26209360
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
CondensateDisposition46 bbl$3,434
GasProduction4,733,058 Mcf$17,324,313
Total$17,327,747

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 31.4324, -96.2058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43242, -96.20579 · 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
14,370 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 14,370 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-2893198310H14,370 ftJun 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 (168)

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

168 months

May 202603,741106.413.05$11,394
Apr 202602,99998.932.87$8,606
Mar 202603,31189.753.15$10,428
Feb 202604,06963.503.75$15,260
Jan 202604,60959.138.00$36,862
Dec 202502,55056.664.41$11,254
Nov 202502,78958.593.93$10,951
Oct 202504,13959.383.30$13,679
Sep 202503,59862.743.08$11,071
Aug 202503,12363.933.01$9,415
Jul 202503,09966.743.32$10,274
Jun 202502,73766.483.13$8,563
May 202502,50860.553.23$8,107
Apr 202503,11862.363.54$11,047
Mar 202503,75067.704.27$16,006
Feb 202504,09070.884.34$17,754
Jan 202504,73074.324.28$20,238
Dec 202403,96668.993.12$12,379
Nov 202405,30269.052.20$11,656
Oct 202403,22371.372.28$7,353
Sep 202405,21269.612.36$12,323
Aug 202404,47275.632.06$9,229
Jul 202406,41179.932.15$13,762
Jun 202417,02878.082.63$18,590
May 202404,04478.812.20$8,890
Apr 202403,17384.451.66$5,265
Mar 202402,84180.301.55$4,390
Feb 202405,81176.091.78$10,365
Jan 202402,09273.023.30$6,899
Dec 202304,54971.262.61$11,876
Nov 202305,41077.892.81$15,189
Oct 202304,84685.443.09$14,961
Sep 202305,10789.042.74$13,968
Aug 202305,62880.522.67$15,043
Jul 202303,58974.852.64$9,481
Jun 202305,98568.962.26$13,517
May 202307,23470.622.23$16,113
Apr 202302,48378.122.24$5,556
Mar 2023058772.852.39$1,405
Feb 202304,98575.112.47$12,291
Jan 202305,06776.533.39$17,166
Dec 202206,11476.415.73$35,028
Nov 202205,57985.005.65$31,500
Oct 202206,24687.185.86$36,625
Sep 202205,23484.888.16$42,729
Aug 202205,06394.529.13$46,211
Jul 202206,816101.587.54$51,407
Jun 202206,862115.097.98$54,740
May 202208,201109.378.43$69,159
Apr 202204,775104.226.84$32,650
Mar 202204,406108.885.08$22,367
Feb 202204,76391.054.86$23,143
Jan 202206,24381.844.54$28,329
Dec 202104,46371.323.90$17,402
Nov 202104,45877.435.24$23,346
Oct 202106,12179.795.71$34,975
Sep 202104,87869.865.35$26,102
Aug 2021010,33866.024.22$43,632
Jul 202108,46170.783.98$33,692
Jun 202105,69769.493.38$19,259
May 202104,64863.483.02$14,026
Apr 202105,73560.362.76$15,820
Mar 202109,53161.302.72$25,895
Feb 202107,31057.805.55$40,556
Jan 2021010,86150.412.81$30,522
Dec 2020012,42044.642.68$33,229
Nov 202002,21638.772.71$5,998
Oct 202008,04336.972.48$19,934
Sep 202008,38937.091.99$16,703
Aug 202008,76339.982.39$20,901
Jul 202009,63038.371.83$17,576
Jun 202009,63034.901.69$16,278
May 2020010,41616.921.81$18,902
Apr 202007,60014.751.80$13,713
Mar 202007,70430.341.86$14,300
Feb 202008,79249.881.98$17,414
Jan 2020010,07357.252.09$21,100
Dec 2019010,02359.012.30$23,097
Nov 201906,99055.302.75$19,227
Oct 2019012,80453.472.42$30,967
Sep 2019012,58555.052.66$33,442
Aug 2019014,98253.112.30$34,524
Jul 2019015,45056.272.46$38,008
Jun 2019015,67552.782.49$39,050
May 2019017,22358.482.74$47,197
Apr 2019012,33662.632.75$33,933
Mar 20190056.803.06$0
Feb 201902,83950.852.79$7,927
Jan 2019012,88946.033.23$41,608
Dec 2018014,06346.594.19$58,860
Nov 2018017,97952.934.24$76,181
Oct 2018014,11861.443.40$47,974
Sep 2018012,93759.543.11$40,208
Aug 2018021,92459.403.07$67,231
Jul 2018020,37165.142.93$59,725
Jun 2018025,24960.183.08$77,689
May 2018019,20865.382.90$55,719
Apr 2018015663.842.90$453
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201705,36049.292.98$15,993
Sep 2017014,10647.523.09$43,549
Aug 2017022,24345.373.00$66,827
Jul 2017022,85343.873.09$70,554
Jun 201704,81542.493.09$14,865
May 2017022,40845.373.26$73,126
Apr 2017012,75347.933.21$40,958
Mar 2017016,29446.772.98$48,616
Feb 2017022,02550.452.95$65,031
Jan 2017016,77549.413.42$57,350
Dec 2016021,79548.763.72$81,139
Nov 2016020,59842.492.64$54,468
Oct 2016025,51446.193.09$78,845
Sep 2016022,61841.553.10$70,130
Aug 2016027,73941.442.92$81,118
Jul 2016027,38241.622.92$80,074
Jun 2016029,53045.352.69$79,313
May 2016028,81342.521.99$57,368
Apr 2016032,10936.561.99$63,930
Mar 2016034,88133.011.79$62,577
Feb 2016034,46826.472.06$71,129
Jan 2016038,30727.352.36$90,572
Dec 2015038,06932.362.00$76,192
Nov 2015032,08838.792.17$69,545
Oct 2015031,59443.552.43$76,665
Sep 20151429,86842.992.76$82,990
Aug 2015018,30540.162.87$52,581
Jul 2015014348.152.95$421
Jun 20150056.152.88$0
May 2015015,93955.212.96$47,107
Apr 2015032,20249.822.71$87,157
Mar 2015048,45442.892.93$142,198
Feb 2015015,65844.662.98$46,601
Jan 2015040,02643.433.10$124,106
Dec 2014045,67054.693.59$164,017
Nov 2014043,86870.464.25$186,520
Oct 2014048,26478.303.90$188,276
Sep 2014048,69386.164.05$196,985
Aug 2014057,31589.394.04$231,273
Jul 2014063,21596.564.18$264,213
Jun 2014061,40698.164.74$290,873
May 2014067,61094.734.73$319,563
Apr 2014071,92295.944.81$345,882
Mar 2014081,31295.895.06$411,179
Feb 2014080,90497.406.19$500,958
Jan 2014092,73890.404.86$450,773
Dec 20130107,81491.824.35$469,474
Nov 201331113,88188.853.74$428,473
Oct 20130127,29397.423.78$481,086
Sep 20130142,820104.113.72$530,968
Aug 20130175,138104.253.52$616,943
Jul 20130179,250102.523.72$666,405
Jun 20130237,09094.403.93$932,572
May 20130250,21394.834.15$1,038,154
Apr 20130246,96593.964.28$1,057,650
Mar 20130324,34393.623.91$1,269,112
Feb 20130277,17291.233.42$947,903
Jan 2013014,15691.603.42$48,412
Dec 201201286.773.42$41
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120192.662.91$3
Jul 20120209,70685.133.02$633,480
Jun 2012054,27079.822.52$136,708

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                3,741 Mcf  × $  3.05 =    $11,394

────────────────────────────────────────────────────
Month total                                  $11,394

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/266474 is the state's own key, not one this site invented.