MCWATTERS, T. H.

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

Gas lease lease 266540District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$1.5 M
Nov 2012 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
163
no gaps in the span
Streams
1
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112013-03-26209363
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
GasProduction441,828 Mcf$1,547,381
Total$1,547,381

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 31.5252, -96.2387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52522, -96.23875 · 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
13,065 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 13,065 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-161348164413,065 ftNov 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 (163)

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

163 months

May 2026444106.413.05$1,352
Apr 202624898.932.87$712
Mar 202633489.753.15$1,052
Feb 202636963.503.75$1,384
Jan 202647659.138.00$3,807
Dec 202547556.664.41$2,096
Nov 202546958.593.93$1,842
Oct 202543059.383.30$1,421
Sep 202543062.743.08$1,323
Aug 202540463.933.01$1,218
Jul 202538566.743.32$1,276
Jun 202539966.483.13$1,248
May 202541960.553.23$1,354
Apr 202537562.363.54$1,329
Mar 202546967.704.27$2,002
Feb 202548270.884.34$2,092
Jan 202558474.324.28$2,499
Dec 202459568.993.12$1,857
Nov 202454569.052.20$1,198
Oct 202452871.372.28$1,205
Sep 202453169.612.36$1,255
Aug 202451675.632.06$1,065
Jul 202451879.932.15$1,112
Jun 202451678.082.63$1,359
May 202458678.812.20$1,288
Apr 202461384.451.66$1,017
Mar 202461480.301.55$949
Feb 202460976.091.78$1,086
Jan 202479773.023.30$2,628
Dec 202370971.262.61$1,851
Nov 202367177.892.81$1,884
Oct 202367985.443.09$2,096
Sep 202358289.042.74$1,592
Aug 202354880.522.67$1,465
Jul 202361074.852.64$1,612
Jun 202357968.962.26$1,308
May 202356370.622.23$1,254
Apr 202351678.122.24$1,155
Mar 202354972.852.39$1,314
Feb 202347975.112.47$1,181
Jan 202354676.533.39$1,850
Dec 202252876.415.73$3,025
Nov 202245985.005.65$2,592
Oct 202244787.185.86$2,621
Sep 202241484.888.16$3,380
Aug 202240894.529.13$3,724
Jul 2022448101.587.54$3,379
Jun 2022543115.097.98$4,332
May 2022514109.378.43$4,335
Apr 2022483104.226.84$3,303
Mar 2022443108.885.08$2,249
Feb 202246891.054.86$2,274
Jan 202252281.844.54$2,369
Dec 202156271.323.90$2,191
Nov 202159477.435.24$3,111
Oct 202166979.795.71$3,823
Sep 202175669.865.35$4,045
Aug 202179266.024.22$3,343
Jul 20211,04670.783.98$4,165
Jun 202186269.493.38$2,914
May 20211,58663.483.02$4,786
Apr 20211,75460.362.76$4,838
Mar 20211,56761.302.72$4,257
Feb 20211,42157.805.55$7,884
Jan 20211,62450.412.81$4,564
Dec 20201,60944.642.68$4,305
Nov 20201,82738.772.71$4,945
Oct 20201,82236.972.48$4,516
Sep 20201,23937.091.99$2,467
Aug 20201,08539.982.39$2,588
Jul 20201,44238.371.83$2,632
Jun 20201,21034.901.69$2,045
May 20201,59116.921.81$2,887
Apr 20201,53914.751.80$2,777
Mar 20201,27330.341.86$2,363
Feb 20201,41449.881.98$2,801
Jan 20201,49757.252.09$3,136
Dec 20191,73959.012.30$4,007
Nov 20191,60655.302.75$4,418
Oct 20191,54753.472.42$3,741
Sep 20191,65055.052.66$4,385
Aug 20192,09753.112.30$4,832
Jul 20191,51856.272.46$3,734
Jun 20191,44652.782.49$3,602
May 20191,52358.482.74$4,174
Apr 20191,58962.632.75$4,371
Mar 20192,13856.803.06$6,547
Feb 20191,94850.852.79$5,439
Jan 20191,94446.033.23$6,276
Dec 20181,99346.594.19$8,342
Nov 20181,93352.934.24$8,191
Oct 20182,07061.443.40$7,034
Sep 20182,20159.543.11$6,841
Aug 20182,30959.403.07$7,081
Jul 20182,31565.142.93$6,787
Jun 20181,99460.183.08$6,135
May 20182,20965.382.90$6,408
Apr 20181,95063.842.90$5,657
Mar 20182,25261.222.79$6,276
Feb 20182,09461.782.77$5,792
Jan 20182,16162.874.01$8,664
Dec 20172,33857.272.92$6,831
Nov 20172,40155.423.12$7,487
Oct 20172,76649.292.98$8,253
Sep 20172,53947.523.09$7,839
Aug 20172,60145.373.00$7,814
Jul 20172,80943.873.09$8,672
Jun 20172,80142.493.09$8,647
May 20172,99545.373.26$9,774
Apr 20172,89747.933.21$9,304
Mar 20172,76946.772.98$8,262
Feb 20172,55950.452.95$7,556
Jan 20172,95949.413.42$10,116
Dec 20163,14048.763.72$11,690
Nov 20163,26842.492.64$8,642
Oct 20163,41646.193.09$10,556
Sep 20163,33941.553.10$10,353
Aug 20163,51441.442.92$10,276
Jul 20163,59941.622.92$10,525
Jun 20163,51545.352.69$9,441
May 20163,70942.521.99$7,385
Apr 20163,44836.561.99$6,865
Mar 20163,26033.011.79$5,848
Feb 20162,97026.472.06$6,129
Jan 20163,35427.352.36$7,930
Dec 20153,44032.362.00$6,885
Nov 20153,70138.792.17$8,021
Oct 20154,05543.552.43$9,840
Sep 20154,05342.992.76$11,180
Aug 20154,29840.162.87$12,346
Jul 20154,31748.152.95$12,714
Jun 20154,32856.152.88$12,477
May 20154,19155.212.96$12,386
Apr 20154,12349.822.71$11,159
Mar 20154,39842.892.93$12,907
Feb 20154,14844.662.98$12,345
Jan 20154,65143.433.10$14,421
Dec 20145,31154.693.59$19,074
Nov 20145,50270.464.25$23,394
Oct 20146,57178.303.90$25,633
Sep 20146,68686.164.05$27,048
Aug 20146,89589.394.04$27,822
Jul 20146,43396.564.18$26,887
Jun 20146,77698.164.74$32,097
May 20147,25694.734.73$34,296
Apr 20147,27495.944.81$34,982
Mar 20147,73295.895.06$39,099
Feb 20147,25997.406.19$44,948
Jan 20148,32890.404.86$40,480
Dec 20138,10791.824.35$35,302
Nov 20139,03288.853.74$33,764
Oct 20139,62397.423.78$36,369
Sep 20138,381104.113.72$31,158
Aug 20137,710104.253.52$27,159
Jul 20136,930102.523.72$25,764
Jun 20138,02294.403.93$31,554
May 20138,83794.834.15$36,665
Apr 20139,70293.964.28$41,550
Mar 201311,49093.623.91$44,959
Feb 201311,34091.233.42$38,782
Jan 20138,13991.603.42$27,835
Dec 201212,00486.773.42$41,056
Nov 201213,94486.953.62$50,546

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
Gas                  444 Mcf  × $  3.05 =     $1,352

────────────────────────────────────────────────────
Month total                                   $1,352

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/266540 is the state's own key, not one this site invented.