MCMICHAEL "B" GAS UNIT

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

Gas lease lease 285978District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
91
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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
NGPA2none
ST-1222019-12-18 – 2020-01-302 dockets

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
CondensateDisposition1,636 bbl$98,119
GasProduction3,272,000 Mcf$11,247,738
Total$11,345,857

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 31.7238, -96.1957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72381, -96.19571 · 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
11,362 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 11,362 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-161348577H11,362 ftNov 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 (91)

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

91 months

May 2026429,857106.413.05$91,365
Apr 2026832,09998.932.87$92,907
Mar 2026537,96589.753.15$120,017
Feb 2026743,48263.503.75$163,516
Jan 20261247,20359.138.00$378,235
Dec 202515,38156.664.41$23,805
Nov 2025111,62458.593.93$45,700
Oct 2025312,46759.383.30$41,380
Sep 2025111,36062.743.08$35,017
Aug 202539,62063.933.01$29,194
Jul 2025210,32866.743.32$34,373
Jun 202528,47966.483.13$26,661
May 202548,75460.553.23$28,538
Apr 202568,79662.363.54$31,539
Mar 202589,99467.704.27$43,199
Feb 202509,84870.884.34$42,749
Jan 2025411,82774.324.28$50,901
Dec 202411,95668.993.12$6,174
Nov 2024013,30869.052.20$29,257
Oct 2024216,84671.372.28$38,575
Sep 2024111,89269.612.36$28,187
Aug 2024414,57275.632.06$30,374
Jul 2024314,65179.932.15$31,689
Jun 2024515,95478.082.63$42,413
May 20247614,71978.812.20$38,348
Apr 2024715,31084.451.66$25,994
Mar 202455,09480.301.55$8,272
Feb 202486,28176.091.78$11,812
Jan 202467,11473.023.30$23,898
Dec 202309,83571.262.61$25,676
Nov 202307,97377.892.81$22,385
Oct 202307,51785.443.09$23,207
Sep 2023016,04789.042.74$43,889
Aug 2023017,99280.522.67$48,090
Jul 2023019,04174.852.64$50,303
Jun 2023019,14668.962.26$43,241
May 2023017,48970.622.23$38,955
Apr 2023022,29478.122.24$49,889
Mar 2023023,96572.852.39$57,352
Feb 2023022,10075.112.47$54,492
Jan 2023024,62476.533.39$83,419
Dec 2022025,00576.415.73$143,256
Nov 2022025,08185.005.65$141,612
Oct 2022025,46487.185.86$149,315
Sep 2022025,53384.888.16$208,443
Aug 2022026,90694.529.13$245,575
Jul 2022027,559101.587.54$207,852
Jun 2022027,267115.097.98$217,514
May 2022028,815109.378.43$242,998
Apr 2022028,268104.226.84$193,285
Mar 202218729,912108.885.08$172,206
Feb 2022028,07391.054.86$136,402
Jan 2022030,37581.844.54$137,832
Dec 2021032,08771.323.90$125,111
Nov 2021031,82777.435.24$166,673
Oct 2021033,93579.795.71$193,900
Sep 2021033,73669.865.35$180,519
Aug 2021036,05666.024.22$152,178
Jul 2021036,90070.783.98$146,939
Jun 2021037,17469.493.38$125,671
May 2021039,70663.483.02$119,820
Apr 202117640,55060.362.76$122,477
Mar 2021045,32961.302.72$123,156
Feb 2021035,65057.805.55$197,784
Jan 2021047,19150.412.81$132,619
Dec 2020050,61644.642.68$135,421
Nov 202019344,79038.772.71$128,710
Oct 2020033,78136.972.48$83,724
Sep 2020033,05637.091.99$65,816
Aug 2020037,43339.982.39$89,281
Jul 202017439,78638.371.83$79,291
Jun 2020038,56234.901.69$65,182
May 2020042,33416.921.81$76,826
Apr 2020042,25014.751.80$76,235
Mar 2020045,56830.341.86$84,585
Feb 202017744,74649.881.98$97,456
Jan 202017850,88357.252.09$116,777
Dec 2019052,96959.012.30$122,060
Nov 201918253,40255.302.75$156,957
Oct 2019057,42453.472.42$138,882
Sep 2019061,51455.052.66$163,460
Aug 201918068,94753.112.30$168,439
Jul 2019077,08956.272.46$189,644
Jun 2019084,18252.782.49$209,714
May 2019069,12358.482.74$189,419
Apr 2019090,04262.632.75$247,679
Mar 20190114,98856.803.06$352,105
Feb 20190129,52450.852.79$361,660
Jan 20190173,93946.033.23$561,506
Dec 20180233,61246.594.19$977,769
Nov 2018068,23752.934.24$289,137

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             4 bbl  × $106.41 =       $426
Gas               29,857 Mcf  × $  3.05 =    $90,940

────────────────────────────────────────────────────
Month total                                  $91,365

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/285978 is the state's own key, not one this site invented.