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LYONS GAS UNIT NO. 1

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

Gas lease lease 266557District 05Field 303257502 tax incentive programmesGasSaveExport
Value, all time
$130 k
Dec 2012 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
162
no gaps in the span
Streams
1
gas

The FARRAR, SE (PETTIT) field

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 205 leases and 205 wells, and the rule below applies to all of them.

Discovered
1987-03-15
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-08-25.

The Commission's schedule remark for this field reads: “PER DOCKET 05-0257882, TOLERANCE ACRES CORRECTED FROM 44 TO 4.”

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 Gas112013-05-03209368
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
GasProduction37,328 Mcf$130,335
Total$130,335

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 31.4714, -96.2952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47141, -96.29515 · 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
8,820 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 8,820 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-2933129858,820 ftDec 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 (162)

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

162 months

May 202633106.413.05$101
Apr 20265298.932.87$149
Mar 20264289.753.15$132
Feb 20262763.503.75$101
Jan 20263559.138.00$280
Dec 20253856.664.41$168
Nov 20254958.593.93$192
Oct 20254459.383.30$145
Sep 20253162.743.08$95
Aug 20253263.933.01$96
Jul 20254966.743.32$162
Jun 20255466.483.13$169
May 20253660.553.23$116
Apr 20255462.363.54$191
Mar 20253567.704.27$149
Feb 20253770.884.34$161
Jan 20255074.324.28$214
Dec 20244468.993.12$137
Nov 20244769.052.20$103
Oct 20244471.372.28$100
Sep 20246469.612.36$151
Aug 20243175.632.06$64
Jul 20246079.932.15$129
Jun 20244278.082.63$111
May 20243778.812.20$81
Apr 20245184.451.66$85
Mar 20245580.301.55$85
Feb 20243676.091.78$64
Jan 20245073.023.30$165
Dec 20235471.262.61$141
Nov 20238077.892.81$225
Oct 20236885.443.09$210
Sep 20232989.042.74$79
Aug 20235880.522.67$155
Jul 20237774.852.64$203
Jun 20236068.962.26$136
May 20239870.622.23$218
Apr 20236878.122.24$152
Mar 20234672.852.39$110
Feb 202314375.112.47$353
Jan 202329876.533.39$1,010
Dec 202215776.415.73$899
Nov 202214185.005.65$796
Oct 202217287.185.86$1,009
Sep 202224084.888.16$1,959
Aug 202214294.529.13$1,296
Jul 2022149101.587.54$1,124
Jun 2022163115.097.98$1,300
May 2022251109.378.43$2,117
Apr 2022169104.226.84$1,156
Mar 2022256108.885.08$1,300
Feb 202216591.054.86$802
Jan 202226181.844.54$1,184
Dec 202116771.323.90$651
Nov 202128077.435.24$1,466
Oct 202118379.795.71$1,046
Sep 202117269.865.35$920
Aug 202117766.024.22$747
Jul 20219470.783.98$374
Jun 202117469.493.38$588
May 202119463.483.02$585
Apr 202119660.362.76$541
Mar 202128661.302.72$777
Feb 202112157.805.55$671
Jan 202123550.412.81$660
Dec 202020844.642.68$557
Nov 202020838.772.71$563
Oct 202019436.972.48$481
Sep 202022837.091.99$454
Aug 202021339.982.39$508
Jul 202018738.371.83$341
Jun 202019234.901.69$325
May 202028716.921.81$521
Apr 202015714.751.80$283
Mar 202030830.341.86$572
Feb 202031249.881.98$618
Jan 202021857.252.09$457
Dec 201938959.012.30$896
Nov 201921755.302.75$597
Oct 201923953.472.42$578
Sep 201911155.052.66$295
Aug 20193153.112.30$71
Jul 201913156.272.46$322
Jun 201919352.782.49$481
May 201922158.482.74$606
Apr 201926862.632.75$737
Mar 201925256.803.06$772
Feb 201924650.852.79$687
Jan 201934246.033.23$1,104
Dec 201823146.594.19$967
Nov 201812952.934.24$547
Oct 201825361.443.40$860
Sep 201811459.543.11$354
Aug 201810559.403.07$322
Jul 201813165.142.93$384
Jun 201819560.183.08$600
May 201826265.382.90$760
Apr 201823063.842.90$667
Mar 201824161.222.79$672
Feb 201836861.782.77$1,018
Jan 201824662.874.01$986
Dec 201726457.272.92$771
Nov 201738455.423.12$1,197
Oct 201713549.292.98$403
Sep 201741747.523.09$1,287
Aug 201715345.373.00$460
Jul 201713443.873.09$414
Jun 201728942.493.09$892
May 201719345.373.26$630
Apr 201724747.933.21$793
Mar 201714946.772.98$445
Feb 201726350.452.95$777
Jan 201726549.413.42$906
Dec 201628048.763.72$1,042
Nov 201639542.492.64$1,045
Oct 201630546.193.09$943
Sep 201621341.553.10$660
Aug 201623341.442.92$681
Jul 201629241.622.92$854
Jun 2016045.352.69$0
May 201615842.521.99$315
Apr 201629836.561.99$593
Mar 201627233.011.79$488
Feb 201626926.472.06$555
Jan 201628927.352.36$683
Dec 201517532.362.00$350
Nov 201523938.792.17$518
Oct 201514543.552.43$352
Sep 201515142.992.76$417
Aug 20157640.162.87$218
Jul 201527448.152.95$807
Jun 201516256.152.88$467
May 201528755.212.96$848
Apr 201523849.822.71$644
Mar 201528442.892.93$833
Feb 201542144.662.98$1,253
Jan 201529143.433.10$902
Dec 201417954.693.59$643
Nov 201429670.464.25$1,259
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 201414689.394.04$589
Jul 201414496.564.18$602
Jun 201416898.164.74$796
May 201433194.734.73$1,564
Apr 201440695.944.81$1,953
Mar 201420695.895.06$1,042
Feb 201430497.406.19$1,882
Jan 201457190.404.86$2,775
Dec 201318291.824.35$793
Nov 201360188.853.74$2,247
Oct 201340597.423.78$1,531
Sep 2013218104.113.72$810
Aug 2013751104.253.52$2,645
Jul 2013590102.523.72$2,193
Jun 201384694.403.93$3,328
May 201327694.834.15$1,145
Apr 201381093.964.28$3,469
Mar 20131,03993.623.91$4,065
Feb 201395991.233.42$3,280
Jan 20132,39091.603.42$8,174
Dec 20122,13086.773.42$7,285

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                   33 Mcf  × $  3.05 =       $101

────────────────────────────────────────────────────
Month total                                     $101

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/266557 is the state's own key, not one this site invented.