WILLARD GAS UNIT NO. 2

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 287450District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
May 2019 – May 2026
Value, last 12 filed months
$827 k
at the published price for each month
Months reported
85
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
NGPA1none
ST-1112021-05-21228867

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
CondensateDisposition910 bbl$66,351
GasProduction3,196,068 Mcf$10,593,232
Total$10,659,582

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 31.7620, -96.1428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76201, -96.14276 · 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
11,329 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 11,329 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-161348591H11,329 ftMay 2019

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 (85)

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

85 months

May 20263517,264106.413.05$56,308
Apr 20266716,85898.932.87$55,006
Mar 20263117,58989.753.15$58,178
Feb 20263916,03563.503.75$62,613
Jan 20265917,39559.138.00$142,612
Dec 20253017,89256.664.41$80,664
Nov 20251017,51858.593.93$69,369
Oct 20253918,19459.383.30$62,444
Sep 20251017,89462.743.08$55,686
Aug 20254318,77663.933.01$59,354
Jul 20251919,07266.743.32$64,496
Jun 20252018,87066.483.13$60,369
May 20253319,75560.553.23$65,853
Apr 20255819,85962.363.54$73,980
Mar 20255820,12267.704.27$89,814
Feb 202505,56370.884.34$24,148
Jan 20252921,09374.324.28$92,405
Dec 20243020,62568.993.12$66,448
Nov 2024022,94969.052.20$50,452
Oct 2024823,79971.372.28$54,866
Sep 20241923,66269.612.36$57,268
Aug 20241524,74875.632.06$52,205
Jul 20244124,97679.932.15$56,890
Jun 20245924,38778.082.63$68,842
May 20242825,23578.812.20$57,684
Apr 20242624,68284.451.66$43,148
Mar 2024025,87580.301.55$39,980
Feb 2024024,46176.091.78$43,630
Jan 202410425,32573.023.30$91,107
Dec 2023026,53971.262.61$69,286
Nov 2023026,27677.892.81$73,771
Oct 2023027,23985.443.09$84,094
Sep 2023027,26489.042.74$74,568
Aug 2023023,66780.522.67$63,259
Jul 2023021,03174.852.64$55,560
Jun 2023024,95568.962.26$56,360
May 2023026,69670.622.23$59,463
Apr 2023025,30378.122.24$56,622
Mar 2023026,93372.852.39$64,455
Feb 2023026,25775.112.47$64,741
Jan 2023026,79476.533.39$90,771
Dec 2022029,28476.415.73$167,770
Nov 2022030,82485.005.65$174,038
Oct 2022033,53987.185.86$196,665
Sep 2022034,41084.888.16$280,912
Aug 2022036,22894.529.13$330,659
Jul 2022038,032101.587.54$286,840
Jun 2022037,532115.097.98$299,400
May 2022039,413109.378.43$332,371
Apr 2022036,155104.226.84$247,213
Mar 2022040,599108.885.08$206,097
Feb 2022035,76091.054.86$173,752
Jan 2022041,73981.844.54$189,398
Dec 2021046,29271.323.90$180,498
Nov 2021044,50677.435.24$233,071
Oct 2021043,58279.795.71$249,022
Sep 2021043,12769.865.35$230,769
Aug 2021044,54266.024.22$187,994
Jul 2021046,75770.783.98$186,190
Jun 2021037,72169.493.38$127,520
May 2021045,10163.483.02$136,100
Apr 2021042,58260.362.76$117,459
Mar 2021042,95361.302.72$116,701
Feb 2021035,51257.805.55$197,019
Jan 2021042,78550.412.81$120,237
Dec 2020040,14844.642.68$107,414
Nov 2020041,84338.772.71$113,251
Oct 2020046,78436.972.48$115,951
Sep 2020047,72337.091.99$95,018
Aug 2020052,34339.982.39$124,843
Jul 2020052,68838.371.83$96,162
Jun 2020061,56134.901.69$104,057
May 2020074,73316.921.81$135,622
Apr 2020077,45814.751.80$139,764
Mar 2020086,16430.341.86$159,940
Feb 2020085,38649.881.98$169,121
Jan 2020093,26457.252.09$195,364
Dec 20190104,84059.012.30$241,589
Nov 20190113,31955.302.75$311,707
Oct 20190130,09353.472.42$314,635
Sep 20190102,35555.052.66$271,986
Aug 2019077,04153.112.30$177,530
Jul 2019037,97456.272.46$93,418
Jun 2019017,68052.782.49$44,044
May 201904,26958.482.74$11,698

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            35 bbl  × $106.41 =     $3,724
Gas               17,264 Mcf  × $  3.05 =    $52,583

────────────────────────────────────────────────────
Month total                                  $56,308

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/287450 is the state's own key, not one this site invented.