HUNT GAS UNIT

Operated by PWEP OPERATING, LLC (P-5 104093) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231278District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

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 Gas112008-01-14179691
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
CondensateDisposition2,420 bbl$197,900
GasProduction586,284 Mcf$3,218,730
Total$3,416,630

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 32.4485, -94.5865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44850, -94.58646 · 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
10,824 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 10,824 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-203338671410,824 ftJun 2007

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 (228)

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

228 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202258087.185.86$5,056
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201901,07358.482.74$2,940
Apr 201901,61562.632.75$4,442
Mar 201901,68956.803.06$5,172
Feb 201901,64950.852.79$4,604
Jan 201901,87746.033.23$6,059
Dec 201801,97846.594.19$8,279
Nov 2018951,76552.934.24$12,507
Oct 201803061.443.40$102
Sep 201801,36059.543.11$4,227
Aug 201801,55659.403.07$4,772
Jul 201801,52665.142.93$4,474
Jun 201801,63060.183.08$5,015
May 201801,43765.382.90$4,168
Apr 201801,63363.842.90$4,737
Mar 201801,74261.222.79$4,855
Feb 201801,61761.782.77$4,473
Jan 201801,84262.874.01$7,385
Dec 201701,85557.272.92$5,419
Nov 201701,80255.423.12$5,619
Oct 201701,78849.292.98$5,335
Sep 201701,43547.523.09$4,430
Aug 201701,59345.373.00$4,786
Jul 2017862,12543.873.09$10,333
Jun 201702,28842.493.09$7,064
May 201702,03745.373.26$6,648
Apr 201702,48947.933.21$7,994
Mar 201703,08046.772.98$9,190
Feb 201702,81350.452.95$8,306
Jan 201702,58749.413.42$8,844
Dec 201601,72448.763.72$6,418
Nov 201601,36342.492.64$3,604
Oct 201601,57946.193.09$4,880
Sep 201602,11041.553.10$6,542
Aug 2016531,65941.442.92$7,048
Jul 201602,44141.622.92$7,138
Jun 201604,14745.352.69$11,138
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20162026.472.06$53
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150242.992.76$6
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150149.822.71$3
Mar 2015034642.892.93$1,015
Feb 201502,11444.662.98$6,292
Jan 201502,73843.433.10$8,490
Dec 201402,06154.693.59$7,402
Nov 201401,68170.464.25$7,147
Oct 201402,32378.303.90$9,062
Sep 2014662,34886.164.05$15,185
Aug 201402,47189.394.04$9,971
Jul 201402,51896.564.18$10,524
Jun 201402,41398.164.74$11,430
May 201402,51094.734.73$11,864
Apr 201402,43395.944.81$11,701
Mar 2014802,44195.895.06$20,015
Feb 201402,17797.406.19$13,480
Jan 201422,25690.404.86$11,147
Dec 201332,75291.824.35$12,259
Nov 201302,67288.853.74$9,989
Oct 201302,92197.423.78$11,040
Sep 201302,869104.113.72$10,666
Aug 201303,083104.253.52$10,860
Jul 2013793,114102.523.72$19,676
Jun 201323,04794.403.93$12,174
May 201313,17394.834.15$13,260
Apr 201302,92893.964.28$12,539
Mar 201303,20193.623.91$12,525
Feb 201322,88091.233.42$10,032
Jan 201303,19391.603.42$10,920
Dec 2012623,24986.773.42$16,492
Nov 201223,07086.953.62$11,303
Oct 201203,39889.383.40$11,552
Sep 201203,21594.672.92$9,383
Aug 201203,40792.662.91$9,908
Jul 2012673,39885.133.02$15,968
Jun 201203,29779.822.52$8,305
May 201203,41891.612.49$8,505
Apr 201203,468101.652.00$6,925
Mar 201223,545105.052.22$8,087
Feb 201203,330101.102.57$8,559
Jan 201233,69398.092.73$10,391
Dec 2011963,53296.873.24$20,742
Nov 201123,43195.723.31$11,552
Oct 201153,31884.983.65$12,531
Sep 201103,43483.623.99$13,687
Aug 201153,98983.404.15$16,969
Jul 201154,03894.144.52$18,711
Jun 201103,48492.904.64$16,165
May 201143,55098.134.40$16,030
Apr 2011883,526105.964.33$24,604
Mar 201153,69996.364.06$15,490
Feb 201103,19885.644.18$13,368
Jan 201103,81586.504.59$17,506
Dec 201034,27685.734.35$18,848
Nov 2010873,63680.843.80$20,833
Oct 201053,94878.103.51$14,244
Sep 201034,49472.633.98$18,102
Aug 201054,49873.684.42$20,247
Jul 201024,46472.554.74$21,289
Jun 2010824,39870.364.91$27,365
May 201024,65571.124.24$19,857
Apr 201054,64181.694.12$19,542
Mar 201054,91878.394.39$21,975
Feb 201054,64273.585.44$25,631
Jan 201025,16674.365.96$30,959
Dec 20091045,10271.445.48$35,408
Nov 200905,20674.593.75$19,530
Oct 20091035,47372.544.11$29,967
Sep 200925,58065.543.06$17,232
Aug 200905,81967.423.22$18,728
Jul 200905,91661.133.46$20,496
Jun 200906,12066.163.90$23,837
May 200905,51654.743.93$21,654
Apr 200905,77146.773.59$20,703
Mar 2009946,75542.144.06$31,380
Feb 200906,26132.814.63$29,007
Jan 20091077,26935.865.37$42,879
Dec 200807,30237.105.98$43,645
Nov 200807,51255.496.86$51,535
Oct 200807,90775.246.92$54,732
Sep 200808,128101.767.88$64,025
Aug 20081158,545114.228.48$85,623
Jul 200809,125131.0811.39$103,929
Jun 200809,361131.3313.03$121,998
May 200810710,415123.1711.57$133,725
Apr 200812510,195110.3110.45$120,376
Mar 200812911,190101.909.66$121,286
Feb 2008011,13892.538.77$97,687
Jan 2008013,13290.388.21$107,758
Dec 200713714,39288.337.30$117,191
Nov 2007015,32591.677.29$111,745
Oct 2007017,82782.856.92$123,398
Sep 200711819,73375.846.24$132,165
Aug 20078623,76369.066.39$157,736
Jul 200711235,65570.906.39$235,703
Jun 200702,01362.007.55$15,195

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.

Oct 2022 — as filed, then multipliedworked
Condensate            58 bbl  × $ 87.18 =     $5,056
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $5,056

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/231278 is the state's own key, not one this site invented.