HICKS, O. B. GAS UNIT

Operated by MMGL EAST TEXAS III, LLC (P-5 102551) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158468District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Mar 1996 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
363
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111996-06-24134763
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
CondensateDisposition19,764 bbl$643,997
GasProduction2,270,870 Mcf$7,130,134
Total$7,774,130

405,103 Mcf of this lease's gas, across 10 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.2291, -94.3329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22906, -94.33287 · 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
9,700 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 9,700 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-36533316129,700 ftMar 1996

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 (363)

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

363 months

May 2026461,646106.413.05$9,908
Apr 2026491,58898.932.87$9,405
Mar 2026561,65489.753.15$10,235
Feb 2026501,54763.503.75$8,977
Jan 2026501,60759.138.00$15,809
Dec 2025511,62256.664.41$10,048
Nov 2025501,56958.593.93$9,090
Oct 2025501,62359.383.30$8,333
Sep 202501,57062.743.08$4,831
Aug 2025521,69663.933.01$8,437
Jul 2025511,71466.743.32$9,086
Jun 2025471,63066.483.13$8,224
May 2025431,69260.553.23$8,073
Apr 2025451,53962.363.54$8,259
Mar 2025861,47067.704.27$12,097
Feb 2025421,34370.884.34$8,807
Jan 2025731,46974.324.28$11,711
Dec 2024331,39568.993.12$6,631
Nov 202491,24869.052.20$3,365
Oct 2024311,18171.372.28$4,907
Sep 2024351,31769.612.36$5,550
Aug 2024411,73875.632.06$6,687
Jul 2024401,65079.932.15$6,739
Jun 2024501,56678.082.63$8,029
May 2024521,67578.812.20$7,781
Apr 2024541,68884.451.66$7,361
Mar 2024491,78180.301.55$6,687
Feb 2024641,71976.091.78$7,936
Jan 2024612,12673.023.30$11,465
Dec 202303,65271.262.61$9,534
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202374089.042.74$6,589
Aug 2023089680.522.67$2,395
Jul 202301,33374.852.64$3,522
Jun 202301,02268.962.26$2,308
May 2023071870.622.23$1,599
Apr 2023090878.122.24$2,032
Mar 202301,70272.852.39$4,073
Feb 2023461,50275.112.47$7,159
Jan 2023331,51376.533.39$7,651
Dec 2022301,31776.415.73$9,838
Nov 202201,30385.005.65$7,357
Oct 2022571,08487.185.86$11,326
Sep 2022082484.888.16$6,727
Aug 20223077894.529.13$9,937
Jul 20220747101.587.54$5,634
Jun 20220731115.097.98$5,831
May 202270933109.378.43$15,524
Apr 2022401,182104.226.84$12,251
Mar 2022391,743108.885.08$13,094
Feb 2022381,84691.054.86$12,429
Jan 2022322,01681.844.54$11,767
Dec 2021661,57171.323.90$10,833
Nov 202101,60977.435.24$8,426
Oct 2021331,61979.795.71$11,884
Sep 2021301,53969.865.35$10,331
Aug 2021271,56166.024.22$8,371
Jul 2021291,59870.783.98$8,416
Jun 202101,26269.493.38$4,266
May 2021521,06463.483.02$6,512
Apr 2021271,01960.362.76$4,441
Mar 2021761,11961.302.72$7,699
Feb 2021086257.805.55$4,782
Jan 2021511,12050.412.81$5,718
Dec 2020241,14844.642.68$4,143
Nov 2020251,20938.772.71$4,241
Oct 2020561,59336.972.48$6,018
Sep 20201976337.091.99$2,224
Aug 202001,41639.982.39$3,377
Jul 202001,90938.371.83$3,484
Jun 2020161,55234.901.69$3,182
May 2020251,61516.921.81$3,354
Apr 202001,67214.751.80$3,017
Mar 20201855030.341.86$1,567
Feb 2020161,76149.881.98$4,286
Jan 2020151,86157.252.09$4,757
Dec 2019122,27959.012.30$5,960
Nov 2019251,24355.302.75$4,802
Oct 201901,32753.472.42$3,209
Sep 2019311,37855.052.66$5,368
Aug 201901,38753.112.30$3,196
Jul 2019251,55956.272.46$5,242
Jun 2019141,67852.782.49$4,919
May 201902,18958.482.74$5,999
Apr 2019372,07062.632.75$8,011
Mar 2019121,96856.803.06$6,708
Feb 2019121,98050.852.79$6,139
Jan 2019252,24046.033.23$8,382
Dec 2018242,34646.594.19$10,937
Nov 2018222,27352.934.24$10,796
Oct 2018221,91361.443.40$7,852
Sep 2018142,21559.543.11$7,718
Aug 2018122,40259.403.07$8,079
Jul 2018242,52265.142.93$8,958
Jun 2018122,34260.183.08$7,928
May 2018242,28765.382.90$8,203
Apr 2018262,35663.842.90$8,494
Mar 2018132,60461.222.79$8,053
Feb 2018262,12961.782.77$7,495
Jan 2018422,76662.874.01$13,730
Dec 2017232,70657.272.92$9,223
Nov 2017212,38755.423.12$8,607
Oct 2017152,48549.292.98$8,154
Sep 201772,43747.523.09$7,856
Aug 2017142,27345.373.00$7,464
Jul 2017142,54343.873.09$8,465
Jun 2017142,67842.493.09$8,863
May 2017142,64945.373.26$9,280
Apr 2017152,60447.933.21$9,082
Mar 2017142,65146.772.98$8,565
Feb 2017222,59750.452.95$8,778
Jan 2017142,33749.413.42$8,681
Dec 2016142,45448.763.72$9,818
Nov 2016132,53542.492.64$7,256
Oct 2016132,64946.193.09$8,787
Sep 201672,67741.553.10$8,591
Aug 2016142,88141.442.92$9,005
Jul 2016132,98841.622.92$9,279
Jun 2016142,92945.352.69$8,502
May 2016192,06242.521.99$4,913
Apr 2016752,20536.561.99$7,132
Mar 2016522,52533.011.79$6,246
Feb 2016492,38026.472.06$6,208
Jan 2016572,49927.352.36$7,467
Dec 2015392,53432.362.00$6,334
Nov 2015392,73238.792.17$7,434
Oct 2015382,91343.552.43$8,724
Sep 2015192,58442.992.76$7,945
Aug 2015382,12740.162.87$7,636
Jul 2015392,50748.152.95$9,261
Jun 2015192,35156.152.88$7,844
May 2015372,46255.212.96$9,319
Apr 2015152,24749.822.71$6,829
Mar 201581,86242.892.93$5,808
Feb 201581,76744.662.98$5,616
Jan 201581,99943.433.10$6,546
Dec 2014121,84954.693.59$7,297
Nov 201441,97970.464.25$8,696
Oct 201482,12378.303.90$8,908
Sep 201481,92086.164.05$8,457
Aug 201442,13689.394.04$8,977
Jul 2014102,95496.564.18$13,312
Jun 201442,88298.164.74$14,044
May 2014152,36894.734.73$12,613
Apr 2014112,23795.944.81$11,813
Mar 2014332,29595.895.06$14,770
Feb 2014112,40197.406.19$15,938
Jan 2014222,62290.404.86$14,734
Dec 2013102,63991.824.35$12,410
Nov 2013102,24888.853.74$9,292
Oct 2013102,56097.423.78$10,649
Sep 2013102,357104.113.72$9,804
Aug 2013102,351104.253.52$9,324
Jul 201302,570102.523.72$9,555
Jun 2013192,53094.403.93$11,745
May 2013102,83194.834.15$12,694
Apr 2013202,87893.964.28$14,204
Mar 201392,42793.623.91$10,339
Feb 2013102,70791.233.42$10,170
Jan 2013103,17591.603.42$11,774
Dec 2012203,21486.773.42$12,728
Nov 2012103,13586.953.62$12,234
Oct 2012182,97589.383.40$11,723
Sep 2012204,73294.672.92$15,703
Aug 2012201,74192.662.91$6,916
Jul 2012871685.133.02$2,844
Jun 201282,06379.822.52$5,835
May 2012162,12591.612.49$6,753
Apr 2012162,586101.652.00$6,790
Mar 201282,478105.052.22$6,347
Feb 201282,606101.102.57$7,507
Jan 2012242,04198.092.73$7,934
Dec 2011232,96596.873.24$11,834
Nov 201172,25395.723.31$8,130
Oct 2011103,52284.983.65$13,700
Sep 2011156,47783.623.99$27,070
Aug 20110083.404.15$0
Jul 20113094.144.52$282
Jun 20110092.904.64$0
May 20112098.134.40$196
Apr 2011132,322105.964.33$11,439
Mar 201173,07096.364.06$13,131
Feb 2011102,47685.644.18$11,206
Jan 2011113,74586.504.59$18,136
Dec 201072,67785.734.35$12,239
Nov 2010102,29180.843.80$9,504
Oct 201072,51378.103.51$9,365
Sep 201092,39372.633.98$10,177
Aug 201062,53373.684.42$11,636
Jul 201073,87372.554.74$18,852
Jun 2010132,76470.364.91$14,487
May 201042,72471.124.24$11,821
Apr 201052,15881.694.12$9,305
Mar 201071,86778.394.39$8,742
Feb 201072,21973.585.44$12,592
Jan 201071,34474.365.96$8,536
Dec 200972,81971.445.48$15,959
Nov 200972,97374.593.75$11,675
Oct 200993,48372.544.11$14,969
Sep 200962,30365.543.06$7,451
Aug 200962,65767.423.22$8,956
Jul 200961,85261.133.46$6,783
Jun 200962,38166.163.90$9,671
May 200952,74654.743.93$11,054
Apr 2009103,11046.773.59$11,625
Mar 200984,02742.144.06$16,683
Feb 20091073632.814.63$3,738
Jan 200931,14535.865.37$6,257
Dec 2008101,59337.105.98$9,893
Nov 200891,91355.496.86$13,623
Oct 200862,36975.246.92$16,850
Sep 200831,959101.767.88$15,737
Aug 200862,181114.228.48$19,187
Jul 200862,574131.0811.39$30,103
Jun 200892,187131.3313.03$29,684
May 200862,471123.1711.57$29,339
Apr 200892,161110.3110.45$23,586
Mar 200872,274101.909.66$22,689
Feb 200832,18492.538.77$19,433
Jan 200892,46890.388.21$21,065
Dec 200762,81688.337.30$21,092
Nov 200793,20191.677.29$24,166
Oct 200763,40182.856.92$24,039
Sep 200763,18275.846.24$20,324
Aug 2007103,70369.066.39$24,345
Jul 2007103,59770.906.39$23,686
Jun 2007123,60862.007.55$27,979
May 2007393,87358.747.85$32,680
Apr 2007273,95759.617.81$32,495
Mar 2007184,61956.927.30$34,752
Feb 2007363,69955.108.22$32,375
Jan 2007264,14250.306.73$29,170
Dec 2006364,35456.656.92$32,162
Nov 2006224,32154.207.62$34,108
Oct 2006224,22654.906.01$26,622
Sep 2006303,42160.085.04$19,035
Aug 2006303,81968.717.34$30,092
Jul 2006313,99969.376.34$27,515
Jun 2006313,88366.286.38$26,843
May 2006224,20666.016.42$28,476
Apr 2006294,06064.397.36$31,751
Mar 2006314,16656.707.08$31,265
Feb 2006254,05157.597.75$32,840
Jan 2006315,01260.598.93$46,652
Dec 2005314,63154.9413.42$63,830
Nov 2005264,57454.6910.59$49,853
Oct 2005263,45458.3413.80$49,167
Sep 2005213,65161.4512.08$45,391
Aug 2005303,82661.519.80$39,328
Jul 2005234555.697.84$1,634
Jun 2005155,12752.337.38$38,628
May 2005275,36345.226.65$36,891
Apr 2005305,19949.207.36$39,743
Mar 2005314,76950.377.15$35,683
Feb 2005234,28345.226.31$28,074
Jan 2005125,05943.166.32$32,502
Dec 2004315,35639.866.75$37,394
Nov 2004315,59745.286.33$36,835
Oct 2004235,62149.706.52$37,764
Sep 2004215,25943.245.28$28,696
Aug 2004205,99242.375.55$34,107
Jul 2004295,68638.286.08$35,705
Jun 2004216,21936.106.43$40,765
May 2004256,90837.486.49$45,802
Apr 2004256,01134.475.86$36,077
Mar 2004256,34634.365.53$35,953
Feb 2004316,45832.455.51$36,587
Jan 2004196,83332.036.30$43,654
Dec 2003256,16930.266.30$39,631
Nov 2003135,49428.804.60$25,620
Oct 2003256,48128.174.76$31,551
Sep 2003316,55826.314.75$31,962
Aug 2003254,90729.765.13$25,916
Jul 2003197,10229.415.17$37,282
Jun 2003257,13028.565.98$43,373
May 2003257,70426.595.97$46,678
Apr 2003318,30726.675.41$45,745
Mar 2003369,32531.146.10$57,967
Feb 2003177,85033.487.93$62,787
Jan 2003365,23130.315.58$30,291
Dec 2002435,71826.914.85$28,911
Nov 2002305,53924.664.14$23,654
Oct 2002424,82226.464.23$21,504
Sep 2002414,94427.443.64$19,097
Aug 2002407,39525.963.16$24,437
Jul 2002457,79924.583.06$24,985
Jun 2002428,45323.733.34$29,215
May 2002578,31624.663.58$31,210
Apr 2002498,35623.653.51$30,508
Mar 2002788,96722.003.10$29,538
Feb 2002768,09518.222.38$20,616
Jan 2002837,65717.172.38$19,616
Dec 2001638,37516.932.36$20,868
Nov 2001568,29918.072.41$20,975
Oct 2001528,60119.782.53$22,779
Sep 2001568,70824.262.25$20,963
Aug 2001519,26324.873.05$29,550
Jul 2001589,75123.933.20$32,563
Jun 2001629,92924.563.82$39,493
May 20016510,64725.524.31$47,519
Apr 20017810,19924.685.34$56,340
Mar 20017811,72524.545.38$64,953
Feb 2001739,92927.755.77$59,287
Jan 20019611,45827.478.40$98,870
Dec 20009613,82526.889.12$128,699
Nov 20009413,76632.215.66$80,916
Oct 20008414,54931.235.15$77,485
Sep 20008026,49931.875.19$139,987
Aug 20009320,32629.644.54$95,052
Jul 20006921,58428.534.09$90,242
Jun 20007424,27129.304.40$108,894
May 20008024,96127.263.68$94,031
Apr 20007924,34224.513.12$77,786
Mar 20009412,93528.422.86$39,662
Feb 20008425,56127.622.73$72,012
Jan 20007612,54625.272.48$33,041
Dec 19999712,23124.282.42$32,000
Nov 19997012,17623.192.43$31,260
Oct 19997714,52420.982.80$42,337
Sep 19998714,43921.752.62$39,706
Aug 199911215,39319.262.88$46,421
Jul 199914015,44417.892.37$39,143
Jun 199914215,55715.942.36$39,011
May 199915815,95815.792.32$39,534
Apr 199917516,44715.102.21$38,958
Mar 199914817,27012.471.84$33,594
Feb 199915314,2849.981.82$27,492
Jan 199919314,11310.381.90$28,817
Dec 199817816,6629.201.77$31,185
Nov 199813520,00910.892.19$45,204
Oct 199815220,42012.421.97$42,099
Sep 199814714,44812.592.08$31,940
Aug 199816615,00911.301.91$30,503
Jul 199819317,53011.742.24$41,485
Jun 199819319,37011.242.24$45,505
May 199813018,45612.622.21$42,361
Apr 199813617,70213.042.51$46,123
Mar 199815818,09512.802.31$43,812
Feb 199814816,59413.952.30$40,216
Jan 199818918,97714.702.15$43,670
Dec 199721419,37616.322.41$50,210
Nov 199719019,41218.193.09$63,405
Oct 199716921,97919.253.15$72,483
Sep 199722722,37617.742.95$70,145
Aug 199754524,11617.862.55$71,344
Jul 199752124,96717.582.25$65,259
Jun 199739423,92217.242.26$60,789
May 199751525,88418.972.31$69,523
Apr 199752825,82117.882.08$63,220
Mar 199755826,64418.951.94$62,241
Feb 199757026,17720.492.21$69,423
Jan 199757130,35723.483.54$120,862
Dec 199635632,01723.32$8,302
Nov 199637830,51421.97$8,305
Oct 199632233,53123.31$7,506
Sep 199628534,19022.22$6,333
Aug 199633238,91820.26$6,726
Jul 199632643,04619.55$6,373
Jun 199623145,42118.73$4,327
May 199630353,92619.43$5,887
Apr 199627369,93121.51$5,872
Mar 19966923,60919.38$1,337

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            46 bbl  × $106.41 =     $4,895
Gas                1,646 Mcf  × $  3.05 =     $5,013

────────────────────────────────────────────────────
Month total                                   $9,908

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. 06/G/158468 is the state's own key, not one this site invented.