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 278200District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Mar 2015 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
135
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 Gas112015-11-19217694
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
CondensateDisposition6 bbl$408
GasProduction2,721,526 Mcf$7,622,962
Total$7,623,369

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 31.4213, -96.1949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42130, -96.19493 · 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
14,123 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 14,123 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-1613485411H14,123 ftJun 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 (135)

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

135 months

May 202601,832106.413.05$5,580
Apr 202602,24598.932.87$6,443
Mar 202602,84889.753.15$8,970
Feb 202612,19863.503.75$8,307
Jan 202601,85959.138.00$14,868
Dec 202502,33456.664.41$10,301
Nov 202523,37658.593.93$13,373
Oct 202501,24259.383.30$4,105
Sep 202502,40262.743.08$7,391
Aug 202514,58563.933.01$13,887
Jul 202502,98366.743.32$9,889
Jun 202504,55466.483.13$14,248
May 202504,64860.553.23$15,024
Apr 202504,22262.363.54$14,959
Mar 202503,07967.704.27$13,142
Feb 202504,20170.884.34$18,236
Jan 202503,70474.324.28$15,848
Dec 202404,32868.993.12$13,509
Nov 202405,01269.052.20$11,019
Oct 202404,58371.372.28$10,456
Sep 202402,76369.612.36$6,533
Aug 202403,22575.632.06$6,655
Jul 202403,10779.932.15$6,669
Jun 202402,87078.082.63$7,560
May 202414,47778.812.20$9,921
Apr 202413,12284.451.66$5,264
Mar 202404,20280.301.55$6,493
Feb 202404,39376.091.78$7,836
Jan 202405,16073.023.30$17,016
Dec 202307,21371.262.61$18,831
Nov 2023017,60077.892.81$49,413
Oct 202306,59585.443.09$20,361
Sep 202307,77089.042.74$21,251
Aug 2023018,68880.522.67$49,951
Jul 2023027,69274.852.64$73,157
Jun 2023035,32568.962.26$79,781
May 2023014,02470.622.23$31,237
Apr 202301,03078.122.24$2,305
Mar 20230072.852.39$0
Feb 202306,13175.112.47$15,117
Jan 202307,24876.533.39$24,554
Dec 202206,62276.415.73$37,938
Nov 202203,32385.005.65$18,762
Oct 202205,33487.185.86$31,277
Sep 202205,76484.888.16$47,055
Aug 202205,35694.529.13$48,885
Jul 202204,226101.587.54$31,873
Jun 202202,977115.097.98$23,748
May 202203,711109.378.43$31,295
Apr 202203,038104.226.84$20,773
Mar 202203,465108.885.08$17,590
Feb 202203,94191.054.86$19,149
Jan 202203,08981.844.54$14,017
Dec 202103,04671.323.90$11,877
Nov 202102,77177.435.24$14,511
Oct 202103,29879.795.71$18,844
Sep 202102,73469.865.35$14,629
Aug 202104,26266.024.22$17,988
Jul 202104,45670.783.98$17,744
Jun 202103,26369.493.38$11,031
May 202103,66863.483.02$11,069
Apr 202103,63660.362.76$10,030
Mar 202104,61861.302.72$12,547
Feb 202102,80157.805.55$15,540
Jan 202104,32150.412.81$12,143
Dec 202004,88144.642.68$13,059
Nov 202006,05138.772.71$16,377
Oct 202005,52836.972.48$13,701
Sep 202005,47437.091.99$10,899
Aug 202006,25439.982.39$14,916
Jul 202007,83838.371.83$14,305
Jun 202003,49834.901.69$5,913
May 202001,92516.921.81$3,493
Apr 202001,63914.751.80$2,957
Mar 202001,29830.341.86$2,409
Feb 202001,36049.881.98$2,694
Jan 202001,21257.252.09$2,539
Dec 201901,40159.012.30$3,228
Nov 2019011,95955.302.75$32,896
Oct 2019019,51653.472.42$47,200
Sep 2019022,37055.052.66$59,443
Aug 2019026,29553.112.30$60,593
Jul 2019029,05856.272.46$71,484
Jun 2019033,36752.782.49$83,124
May 2019037,53558.482.74$102,858
Apr 201905,82362.632.75$16,017
Mar 201908,73256.803.06$26,738
Feb 201901,76250.852.79$4,920
Jan 201905,06546.033.23$16,351
Dec 201806,11646.594.19$25,598
Nov 201801,54052.934.24$6,525
Oct 201801,02761.443.40$3,490
Sep 201804,53059.543.11$14,079
Aug 2018011,03459.403.07$33,836
Jul 2018012,66565.142.93$37,132
Jun 201804,08060.183.08$12,554
May 2018015,30365.382.90$44,391
Apr 2018011,70463.842.90$33,951
Mar 2018021,79161.222.79$60,728
Feb 2018023,09061.782.77$63,870
Jan 201805,91262.874.01$23,703
Dec 2017019,74557.272.92$57,685
Nov 2017027,30055.423.12$85,131
Oct 2017032,74949.292.98$97,713
Sep 2017024,41947.523.09$75,388
Aug 2017027,90445.373.00$83,835
Jul 2017028,97943.873.09$89,466
Jun 2017030,25642.493.09$93,409
May 2017034,05945.373.26$111,148
Apr 2017042,61247.933.21$136,853
Mar 2017035,12546.772.98$104,802
Feb 2017040,55750.452.95$119,749
Jan 2017028,32449.413.42$96,834
Dec 2016036,42248.763.72$135,593
Nov 2016034,53042.492.64$91,309
Oct 2016033,73046.193.09$104,234
Sep 2016040,02141.553.10$124,090
Aug 2016044,38441.442.92$129,794
Jul 2016047,73641.622.92$139,596
Jun 2016050,35445.352.69$135,242
May 2016055,86542.521.99$111,229
Apr 2016059,26736.561.99$118,003
Mar 2016066,20833.011.79$118,778
Feb 2016068,82226.472.06$142,023
Jan 2016083,53827.352.36$197,514
Dec 2015091,11332.362.00$182,354
Nov 20150104,34538.792.17$226,150
Oct 2015088,89843.552.43$215,718
Sep 20150114,19042.992.76$314,984
Aug 20150174,03140.162.87$499,902
Jul 20150236,91648.152.95$697,737
Jun 20150207,90456.152.88$599,358
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$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                1,832 Mcf  × $  3.05 =     $5,580

────────────────────────────────────────────────────
Month total                                   $5,580

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/278200 is the state's own key, not one this site invented.