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NORTHEN GAS UNIT

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

Gas lease lease 278060District 05Field 75509332CondensateGasSaveExport
Value, all time
$221 k
Aug 2015 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
condensate, gas

The REED (RODESSA) 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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1967-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

The Commission's schedule remark for this field reads: “FIELD CHANGED TO CAPACITY PER AOF1 AND AOF2 FORMS RECD 11/19/15;”

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
CondensateDisposition362 bbl$14,309
GasProduction75,526 Mcf$206,312
Total$220,620

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 31.6962, -96.2123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69625, -96.21226 · 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
11,153 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 11,153 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-16131447711,153 ftAug 2015——

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 (130)

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

130 months

May 20260603106.413.05$1,837
Apr 2026046298.932.87$1,326
Mar 2026042989.753.15$1,351
Feb 2026051263.503.75$1,920
Jan 2026053359.138.00$4,263
Dec 2025033056.664.41$1,456
Nov 2025012558.593.93$491
Oct 2025013259.383.30$436
Sep 2025012462.743.08$382
Aug 2025017563.933.01$528
Jul 2025020966.743.32$693
Jun 2025011166.483.13$347
May 202506960.553.23$223
Apr 202503962.363.54$138
Mar 202501467.704.27$60
Feb 20250970.884.34$39
Jan 20250874.324.28$34
Dec 202401368.993.12$41
Nov 202403969.052.20$86
Oct 202402271.372.28$50
Sep 202402869.612.36$66
Aug 202402675.632.06$54
Jul 2024011379.932.15$243
Jun 202401978.082.63$50
May 202405778.812.20$125
Apr 202409484.451.66$156
Mar 2024014780.301.55$227
Feb 202405576.091.78$98
Jan 202407573.023.30$247
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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210169.865.35$5
Aug 20210066.024.22$0
Jul 202101270.783.98$48
Jun 202101669.493.38$54
May 202103263.483.02$97
Apr 20210460.362.76$11
Mar 202102561.302.72$68
Feb 202103057.805.55$166
Jan 202104050.412.81$112
Dec 202003944.642.68$104
Nov 202003938.772.71$106
Oct 202004136.972.48$102
Sep 202001837.091.99$36
Aug 20200539.982.39$12
Jul 20200738.371.83$13
Jun 20200034.901.69$0
May 20200116.921.81$2
Apr 20200314.751.80$5
Mar 20200030.341.86$0
Feb 20200349.881.98$6
Jan 20200757.252.09$15
Dec 20190659.012.30$14
Nov 201901855.302.75$50
Oct 201909053.472.42$218
Sep 201909355.052.66$247
Aug 201909653.112.30$221
Jul 201907756.272.46$189
Jun 201907552.782.49$187
May 201906758.482.74$184
Apr 201909362.632.75$256
Mar 2019024356.803.06$744
Feb 201901750.852.79$47
Jan 201902446.033.23$77
Dec 201802946.594.19$121
Nov 201805152.934.24$216
Oct 201804361.443.40$146
Sep 2018019659.543.11$609
Aug 2018042759.403.07$1,309
Jul 2018036565.142.93$1,070
Jun 2018052160.183.08$1,603
May 2018082065.382.90$2,379
Apr 201801,01663.842.90$2,947
Mar 2018096361.222.79$2,684
Feb 2018089961.782.77$2,487
Jan 2018079262.874.01$3,175
Dec 2017085357.272.92$2,492
Nov 2017090855.423.12$2,831
Oct 201701,19049.292.98$3,551
Sep 201701,17847.523.09$3,637
Aug 201701,03745.373.00$3,116
Jul 2017076243.873.09$2,353
Jun 201718094842.493.09$10,575
May 201701,37745.373.26$4,494
Apr 201701,37247.933.21$4,406
Mar 201701,53046.772.98$4,565
Feb 201701,44850.452.95$4,275
Jan 201701,49149.413.42$5,097
Dec 201601,56848.763.72$5,837
Nov 201601,93242.492.64$5,109
Oct 201601,90546.193.09$5,887
Sep 201601,40741.553.10$4,363
Aug 201601,40941.442.92$4,120
Jul 201602,15841.622.92$6,311
Jun 201601,98045.352.69$5,318
May 201602,17942.521.99$4,338
Apr 20161811,92936.561.99$10,458
Mar 201602,43233.011.79$4,363
Feb 201602,87026.472.06$5,923
Jan 201603,56927.352.36$8,438
Dec 201504,12332.362.00$8,252
Nov 201504,47938.792.17$9,707
Oct 201505,27543.552.43$12,800
Sep 201516,47242.992.76$17,895
Aug 201503,82940.162.87$10,999

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                  603 Mcf  × $  3.05 =     $1,837

────────────────────────────────────────────────────
Month total                                   $1,837

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/278060 is the state's own key, not one this site invented.