SARANDOS 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 266788District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jan 2012 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
173
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 Gas112013-10-18211641
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
CondensateDisposition7 bbl$421
GasProduction1,004,413 Mcf$3,407,512
Total$3,407,933

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 31.4291, -96.1697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42908, -96.16971 · 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
15,100 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 15,100 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-28931861315,100 ftJun 2013

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 (173)

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

173 months

May 202601,820106.413.05$5,543
Apr 202602,28398.932.87$6,552
Mar 202602,39689.753.15$7,546
Feb 202601,88063.503.75$7,051
Jan 202603,13859.138.00$25,097
Dec 202513,53256.664.41$15,645
Nov 202503,22458.593.93$12,659
Oct 202513,92759.383.30$13,037
Sep 202502,73862.743.08$8,425
Aug 202513,71763.933.01$11,270
Jul 202504,21266.743.32$13,964
Jun 202504,25966.483.13$13,325
May 202504,76960.553.23$15,415
Apr 202514,68962.363.54$16,676
Mar 202525,74767.704.27$24,665
Feb 202506,83270.884.34$29,657
Jan 202507,49774.324.28$32,077
Dec 20240068.993.12$0
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 2024012378.812.20$270
Apr 202402,10784.451.66$3,496
Mar 202401,26180.301.55$1,948
Feb 202404,03676.091.78$7,199
Jan 2024071973.023.30$2,371
Dec 202301,85671.262.61$4,846
Nov 202302,19977.892.81$6,174
Oct 20230085.443.09$0
Sep 2023015689.042.74$427
Aug 202301,15080.522.67$3,074
Jul 202301,20474.852.64$3,181
Jun 202301,77868.962.26$4,016
May 202301,59870.622.23$3,559
Apr 202302,40478.122.24$5,380
Mar 202303,66972.852.39$8,781
Feb 202305,12475.112.47$12,634
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 20220094.529.13$0
Jul 20220799101.587.54$6,026
Jun 202204,023115.097.98$32,092
May 202204,665109.378.43$39,340
Apr 202202,170104.226.84$14,838
Mar 202203,711108.885.08$18,839
Feb 202204,00991.054.86$19,479
Jan 202203,84681.844.54$17,452
Dec 202104,59071.323.90$17,897
Nov 202106,12877.435.24$32,091
Oct 202101,13379.795.71$6,474
Sep 202104,27169.865.35$22,854
Aug 202104,27966.024.22$18,060
Jul 202104,07370.783.98$16,219
Jun 202104,39269.493.38$14,848
May 202103,69163.483.02$11,138
Apr 202103,78860.362.76$10,449
Mar 202104,79361.302.72$13,022
Feb 202103,36257.805.55$18,652
Jan 202104,76350.412.81$13,385
Dec 202005,10744.642.68$13,664
Nov 202005,60338.772.71$15,165
Oct 202003,62236.972.48$8,977
Sep 202005,52737.091.99$11,004
Aug 202006,03739.982.39$14,399
Jul 202008238.371.83$150
Jun 202002,11834.901.69$3,580
May 202002,30916.921.81$4,190
Apr 2020093314.751.80$1,683
Mar 202004,75430.341.86$8,825
Feb 202004,63349.881.98$9,176
Jan 202005,53157.252.09$11,586
Dec 201905,60859.012.30$12,923
Nov 201905,45755.302.75$15,011
Oct 201906,00853.472.42$14,531
Sep 201905,62055.052.66$14,934
Aug 201906,01653.112.30$13,863
Jul 201904,68656.272.46$11,528
Jun 201905,63552.782.49$14,038
May 201907,12558.482.74$19,525
Apr 201906,48862.632.75$17,847
Mar 201908,04956.803.06$24,647
Feb 201908,01150.852.79$22,368
Jan 201905,09946.033.23$16,460
Dec 201807,12646.594.19$29,825
Nov 201806,88252.934.24$29,161
Oct 201807,61861.443.40$25,887
Sep 201807,05559.543.11$21,927
Aug 2018011,11259.403.07$34,076
Jul 20180065.142.93$0
Jun 201806,71560.183.08$20,662
May 201807,59065.382.90$22,017
Apr 201806,70963.842.90$19,461
Mar 201807,10861.222.79$19,809
Feb 201807,09761.782.77$19,631
Jan 201807,80462.874.01$31,289
Dec 201707,94957.272.92$23,223
Nov 201707,66655.423.12$23,905
Oct 201708,38249.292.98$25,009
Sep 201708,24847.523.09$25,464
Aug 201708,63245.373.00$25,934
Jul 201708,51743.873.09$26,294
Jun 201708,69542.493.09$26,844
May 201709,23545.373.26$30,138
Apr 2017010,49147.933.21$33,693
Mar 201707,69946.772.98$22,971
Feb 201708,51550.452.95$25,141
Jan 201709,85349.413.42$33,685
Dec 201609,64548.763.72$35,907
Nov 201609,53042.492.64$25,201
Oct 2016010,07446.193.09$31,131
Sep 2016010,19541.553.10$31,611
Aug 2016010,97141.442.92$32,083
Jul 2016010,55041.622.92$30,852
Jun 2016011,31145.352.69$30,379
May 2016012,04942.521.99$23,990
Apr 2016012,40036.561.99$24,689
Mar 2016014,67833.011.79$26,332
Feb 2016010,39826.472.06$21,458
Jan 2016010,12227.352.36$23,932
Dec 201509,48232.362.00$18,977
Nov 201509,86538.792.17$21,381
Oct 2015010,04543.552.43$24,375
Sep 201519,99342.992.76$27,608
Aug 2015010,81440.162.87$31,063
Jul 2015010,52748.152.95$31,003
Jun 2015010,96356.152.88$31,605
May 2015011,65055.212.96$34,431
Apr 2015011,67349.822.71$31,594
Mar 2015012,68742.892.93$37,233
Feb 2015011,69944.662.98$34,818
Jan 2015013,48343.433.10$41,806
Dec 2014014,59654.693.59$52,419
Nov 2014014,80170.464.25$62,931
Oct 2014016,51678.303.90$64,428
Sep 2014017,21186.164.05$69,626
Aug 2014019,01589.394.04$76,728
Jul 2014021,18496.564.18$88,541
Jun 2014022,92698.164.74$108,598
May 2014030,43394.734.73$143,843
Apr 2014022,53895.944.81$108,388
Mar 201407,68095.895.06$38,836
Feb 201408,34397.406.19$51,660
Jan 201409,62190.404.86$46,765
Dec 201309,57591.824.35$41,694
Nov 2013010,39688.853.74$38,863
Oct 2013010,58197.423.78$39,989
Sep 201309,774104.113.72$36,337
Aug 201309,926104.253.52$34,965
Jul 201307,354102.523.72$27,340
Jun 201301,85394.403.93$7,289
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0

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                1,820 Mcf  × $  3.05 =     $5,543

────────────────────────────────────────────────────
Month total                                   $5,543

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/266788 is the state's own key, not one this site invented.