FOUNTAIN II SARANDOS ALLOCATION

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 285257District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.2 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
95
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 Gas112020-03-30224027
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
CondensateDisposition134 bbl$9,670
GasProduction9,464,989 Mcf$31,155,138
Total$31,164,809

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 31.4280, -96.1620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42800, -96.16195 · 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
13,520 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 13,520 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-161348562H13,520 ftAug 2018

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 (95)

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

95 months

May 2026036,926106.413.05$112,471
Apr 2026236,41098.932.87$104,684
Mar 2026438,70189.753.15$122,245
Feb 2026334,21363.503.75$128,500
Jan 2026038,95759.138.00$311,575
Dec 2025439,75956.664.41$175,697
Nov 2025239,27358.593.93$154,320
Oct 2025841,35259.383.30$137,137
Sep 2025440,44762.743.08$124,703
Aug 2025442,70463.933.01$128,998
Jul 2025043,64566.743.32$144,692
Jun 2025042,76366.483.13$133,793
May 2025244,90560.553.23$145,268
Apr 2025543,66262.363.54$155,012
Mar 2025922,04167.704.27$94,687
Feb 2025019,20070.884.34$83,344
Jan 2025136,69774.324.28$157,089
Dec 2024236,10468.993.12$112,832
Nov 2024035,89669.052.20$78,915
Oct 2024239,78171.372.28$90,899
Sep 2024239,66169.612.36$93,912
Aug 2024041,74675.632.06$86,148
Jul 2024242,24979.932.15$90,851
Jun 2024641,87878.082.63$110,774
May 2024644,12578.812.20$97,479
Apr 2024743,77284.451.66$73,218
Mar 2024747,06580.301.55$73,284
Feb 2024345,33776.091.78$81,093
Jan 20244949,25073.023.30$165,988
Dec 2023052,62471.262.61$137,387
Nov 2023046,85077.892.81$131,534
Oct 2023052,44885.443.09$161,922
Sep 2023053,07089.042.74$145,149
Aug 2023056,96480.522.67$152,258
Jul 2023054,24974.852.64$143,315
Jun 2023054,92368.962.26$124,043
May 2023057,97870.622.23$129,140
Apr 2023057,46478.122.24$128,591
Mar 2023061,20472.852.39$146,471
Feb 2023056,05275.112.47$138,206
Jan 2023063,36776.533.39$214,670
Dec 2022060,66976.415.73$347,578
Nov 2022061,37685.005.65$346,541
Oct 2022067,35787.185.86$394,965
Sep 2022067,24284.888.16$548,942
Aug 2022069,25694.529.13$632,111
Jul 2022070,877101.587.54$534,560
Jun 2022073,331115.097.98$584,976
May 2022077,361109.378.43$652,388
Apr 2022075,324104.226.84$515,035
Mar 2022075,859108.885.08$385,091
Feb 2022075,35391.054.86$366,128
Jan 2022078,28581.844.54$355,232
Dec 2021085,61071.323.90$333,804
Nov 2021084,91477.435.24$444,682
Oct 2021086,42979.795.71$493,844
Sep 2021085,92969.865.35$459,799
Aug 2021085,50866.024.22$360,894
Jul 20210100,03370.783.98$398,339
Jun 20210102,01169.493.38$344,860
May 20210108,53163.483.02$327,511
Apr 20210109,02760.362.76$300,742
Mar 20210111,15761.302.72$302,007
Feb 2021079,61757.805.55$441,711
Jan 20210122,62350.412.81$344,604
Dec 20200131,12944.642.68$350,830
Nov 20200110,54638.772.71$299,200
Oct 2020096,68836.972.48$239,634
Sep 20200103,84437.091.99$206,758
Aug 20200111,58239.982.39$266,134
Jul 20200101,67538.371.83$185,569
Jun 20200115,15234.901.69$194,643
May 20200126,33416.921.81$229,265
Apr 20200126,22614.751.80$227,760
Mar 20200139,01130.341.86$258,036
Feb 20200134,71449.881.98$266,824
Jan 20200148,11057.252.09$310,252
Dec 20190161,39459.012.30$371,910
Nov 20190166,11655.302.75$456,935
Oct 20190182,20553.472.42$440,670
Sep 20190188,38055.052.66$500,578
Aug 20190209,87153.112.30$483,618
Jul 20190232,13756.272.46$571,071
Jun 20190244,73152.782.49$609,674
May 20190274,41158.482.74$751,974
Apr 20190265,56262.632.75$730,481
Mar 20190348,40056.803.06$1,066,836
Feb 20190254,13650.852.79$709,604
Jan 20190213,56546.033.23$689,426
Dec 20180184,39246.594.19$771,762
Nov 20180358,21452.934.24$1,517,839
Oct 20180378,18161.443.40$1,285,089
Sep 20180293,11559.543.11$911,001
Aug 20180234,07159.403.07$717,793
Jul 201801,70665.142.93$5,002

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               36,926 Mcf  × $  3.05 =   $112,471

────────────────────────────────────────────────────
Month total                                 $112,471

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/285257 is the state's own key, not one this site invented.