GRAHAM TRUST

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

Gas lease lease 266641District 03Field 75122500ST-1 filingCondensateGasSaveExport
Value, all time
$6.0 M
Jun 2012 – May 2026
Value, last 12 filed months
$169 k
at the published price for each month
Months reported
168
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1984-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/2009.

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
ST-11none232032

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
CondensateDisposition43,462 bbl$3,010,906
GasProduction850,500 Mcf$2,989,610
Total$6,000,516

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 30.0371, -94.4321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.03712, -94.43208 · 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
12,285 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 12,285 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-24532728112,285 ftNov 2012

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 (168)

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

168 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20261763,02459.138.00$34,593
Dec 202502,81656.664.41$12,428
Nov 20251743,01458.593.93$22,029
Oct 20253644,43759.383.30$36,278
Sep 20251802,33262.743.08$18,469
Aug 202502,40263.933.01$7,241
Jul 20251802,29866.743.32$19,632
Jun 20251612,49066.483.13$18,494
May 20251792,33260.553.23$18,376
Apr 20251822,35262.363.54$19,683
Mar 202502,41967.704.27$10,325
Feb 20251762,14970.884.34$21,803
Jan 20251742,45474.324.28$23,432
Dec 20241822,57568.993.12$20,594
Nov 20241852,38569.052.20$18,018
Oct 20241822,53771.372.28$18,777
Sep 20241812,40669.612.36$18,288
Aug 202402,54875.632.06$5,258
Jul 20241733,11179.932.15$20,506
Jun 20243574,66978.082.63$40,173
May 20241604,64578.812.20$22,821
Apr 20241792,57084.451.66$19,381
Mar 202402,74180.301.55$4,235
Feb 20241792,90576.091.78$18,802
Jan 20242553,25373.023.30$29,347
Dec 20231703,51971.262.61$21,301
Nov 20231793,36177.892.81$23,379
Oct 20231733,18385.443.09$24,608
Sep 20231692,90189.042.74$22,982
Aug 20231592,28280.522.67$18,902
Jul 20231762,32674.852.64$19,318
Jun 20231802,17268.962.26$17,318
May 20231752,92370.622.23$18,869
Apr 20231773,76778.122.24$22,257
Mar 20233666,17272.852.39$41,434
Feb 20233688,38275.112.47$48,308
Jan 202301,22476.533.39$4,147
Dec 20221742,04376.415.73$25,000
Nov 20221502,72685.005.65$28,142
Oct 20221782,92787.185.86$32,681
Sep 20221802,66884.888.16$37,059
Aug 20221782,76794.529.13$42,079
Jul 20221812,835101.587.54$39,768
Jun 20221812,717115.097.98$42,505
May 20221763,053109.378.43$44,995
Apr 20221753,240104.226.84$40,392
Mar 20222573,421108.885.08$45,349
Feb 202203,17291.054.86$15,412
Jan 20221803,24281.844.54$29,442
Dec 20211823,60571.323.90$27,037
Nov 20213704,03977.435.24$49,801
Oct 20211824,65079.795.71$41,091
Sep 20211893,85769.865.35$33,842
Aug 20211813,53866.024.22$26,882
Jul 20211823,56070.783.98$27,058
Jun 20211873,59869.493.38$25,158
May 20212373,52563.483.02$25,682
Apr 20211833,71560.362.76$21,293
Mar 20213693,76261.302.72$32,841
Feb 202103,04657.805.55$16,899
Jan 20211853,38850.412.81$18,847
Dec 20201824,19844.642.68$19,356
Nov 20203674,10838.772.71$25,347
Oct 20201834,27636.972.48$17,363
Sep 20201834,44137.091.99$15,630
Aug 20203655,16739.982.39$26,917
Jul 20201814,90238.371.83$15,892
Jun 20201822,99034.901.69$11,406
May 202004616.921.81$83
Apr 202005514.751.80$99
Mar 202092,00430.341.86$3,993
Feb 20200749.881.98$14
Jan 20201511,10157.252.09$10,951
Dec 20191894,45259.012.30$21,412
Nov 20191844,24655.302.75$21,855
Oct 20193624,31153.472.42$29,782
Sep 201902,72255.052.66$7,233
Aug 20193624,52453.112.30$29,651
Jul 20191854,22356.272.46$20,799
Jun 20191804,25552.782.49$20,100
May 20191814,49358.482.74$22,897
Apr 20193574,14162.632.75$33,750
Mar 20191814,24656.803.06$23,282
Feb 20192273,98450.852.79$22,667
Jan 20191763,72946.033.23$20,139
Dec 20181843,41946.594.19$22,883
Nov 20182174,50752.934.24$30,583
Oct 20183674,51661.443.40$37,894
Sep 20181834,53359.543.11$24,984
Aug 20181804,60259.403.07$24,804
Jul 20181854,52665.142.93$25,321
Jun 20181864,45360.183.08$24,895
May 20181824,67165.382.90$25,449
Apr 20181794,34763.842.90$24,037
Mar 20181793,91461.222.79$21,866
Feb 20181824,04261.782.77$22,425
Jan 20181804,15762.874.01$27,983
Dec 20172084,11357.272.92$23,928
Nov 20171842,39555.423.12$17,666
Oct 20173687,68149.292.98$41,056
Sep 201701,29847.523.09$4,007
Aug 20171786,04245.373.00$26,228
Jul 20173647,56043.873.09$39,309
Jun 20173926,13942.493.09$35,609
May 20173686,50445.373.26$37,921
Apr 20173966,21847.933.21$38,950
Mar 20171905,70046.772.98$25,893
Feb 20173876,25350.452.95$37,987
Jan 201759915,02749.413.42$80,971
Dec 201654110,08548.763.72$63,924
Nov 20162013,48842.492.64$17,764
Oct 20161854,78446.193.09$23,329
Sep 20161834,11241.553.10$20,353
Aug 20161814,34041.442.92$20,192
Jul 20163444,58841.622.92$27,734
Jun 20161814,37945.352.69$19,970
May 20163624,66642.521.99$24,682
Apr 20161844,53436.561.99$15,754
Mar 20163714,64833.011.79$20,585
Feb 20161864,45726.472.06$14,121
Jan 20161814,75827.352.36$16,200
Dec 20153664,64032.362.00$21,130
Nov 20151744,48738.792.17$16,474
Oct 20151824,64243.552.43$19,190
Sep 20153605,32542.992.76$30,165
Aug 20153586,77840.162.87$33,847
Jul 20153547,98848.152.95$40,570
Jun 20155358,65056.152.88$54,977
May 20155459,11055.212.96$57,014
Apr 20155309,40549.822.71$51,860
Mar 201553510,21642.892.93$52,927
Feb 20153719,39544.662.98$44,530
Jan 201555410,17543.433.10$55,609
Dec 201454310,40754.693.59$67,072
Nov 20143718,49570.464.25$62,260
Oct 20145469,92378.303.90$81,461
Sep 201453910,26986.164.05$87,983
Aug 20143659,65589.394.04$71,586
Jul 20145379,62996.564.18$92,098
Jun 20145489,77598.164.74$100,095
May 201455111,22594.734.73$105,252
Apr 201454911,99195.944.81$110,337
Mar 201473512,53195.895.06$133,846
Feb 201455711,54897.406.19$125,757
Jan 201455312,46190.404.86$110,561
Dec 201373612,90991.824.35$123,792
Nov 201350012,14088.853.74$89,808
Oct 201372912,29197.423.78$117,471
Sep 201354711,853104.113.72$101,015
Aug 201363711,514104.253.52$106,967
Jul 201354711,758102.523.72$99,792
Jun 201336410,75494.403.93$76,661
May 201354911,18294.834.15$98,457
Apr 201372211,61393.964.28$117,573
Mar 201355012,24193.623.91$99,388
Feb 201354410,47191.233.42$85,439
Jan 20133559,62091.603.42$65,418
Dec 20124439,89886.773.42$72,292
Nov 20121848,55086.953.62$46,992
Oct 20121771,43089.383.40$20,682
Sep 201236710,86394.672.92$66,446
Aug 2012030392.662.91$881
Jul 201201,00585.133.02$3,036
Jun 201201,13879.822.52$2,867

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.

Jan 2026 — as filed, then multipliedworked
Condensate           176 bbl  × $ 59.13 =    $10,407
Gas                3,024 Mcf  × $  8.00 =    $24,186

────────────────────────────────────────────────────
Month total                                  $34,593

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. 03/G/266641 is the state's own key, not one this site invented.