BARONS

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

Oil lease lease 26047District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$8.1 M
Aug 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
no gaps in the span
Streams
2
oil, casinghead 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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
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
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition95,221 bbl$7,986,761
Casinghead gasProduction25,404 Mcf$90,289
Total$8,077,050

Every month this lease reported (166)

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

166 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 202426073.023.30$1,899
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 20220087.185.86$0
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 2019148052.782.49$7,811
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019170846.033.23$7,851
Dec 201801746.594.19$71
Nov 201801252.934.24$51
Oct 20180061.443.40$0
Sep 2018359359.543.11$21,384
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20181781660.183.08$10,761
May 20181781065.382.90$11,667
Apr 201801363.842.90$38
Mar 20181751661.222.79$10,758
Feb 20181703061.782.77$10,586
Jan 20181804762.874.01$11,505
Dec 20173608557.272.92$20,866
Nov 201704655.423.12$143
Oct 20173557949.292.98$17,734
Sep 201717914147.523.09$8,941
Aug 20173597545.373.00$16,513
Jul 201735712143.873.09$16,035
Jun 20173632542.493.09$15,501
May 201702145.373.26$69
Apr 20170047.933.21$0
Mar 20171741946.772.98$8,195
Feb 20173537550.452.95$18,030
Jan 20171747449.413.42$8,850
Dec 20165448748.763.72$26,849
Nov 20161939242.492.64$8,444
Oct 20161903746.193.09$8,890
Sep 201636411841.553.10$15,490
Aug 201636611941.442.92$15,515
Jul 201655816341.622.92$23,701
Jun 201674023845.352.69$34,198
May 201654930642.521.99$23,953
Apr 201675434936.561.99$28,261
Mar 20163586333.011.79$11,931
Feb 20163809026.472.06$10,244
Jan 20161749227.352.36$4,976
Dec 20155329832.362.00$17,412
Nov 201537812238.792.17$14,927
Oct 201555114443.552.43$24,345
Sep 201537242.992.76$328
Aug 20153737940.162.87$15,207
Jul 201555116148.152.95$27,005
Jun 201557216456.152.88$32,591
May 201557617455.212.96$32,315
Apr 201577222549.822.71$39,070
Mar 201576020142.892.93$33,186
Feb 201573327144.662.98$33,542
Jan 201592223943.433.10$40,784
Dec 20141,28119154.693.59$70,744
Nov 201486833970.464.25$62,601
Oct 201490340978.303.90$72,300
Sep 201408586.164.05$344
Aug 20141,40855189.394.04$128,084
Jul 201490719896.564.18$88,407
Jun 201490617698.164.74$89,767
May 201485012394.734.73$81,102
Apr 20141,32622795.944.81$128,308
Mar 20141,47925295.895.06$143,096
Feb 20141,3403797.406.19$130,745
Jan 20141,8385590.404.86$166,423
Dec 20131,98817191.824.35$183,283
Nov 20133,26768988.853.74$292,849
Oct 20133,7831,43197.423.78$373,948
Sep 20133,8901,295104.113.72$409,802
Aug 20132,861697104.253.52$300,715
Jul 20133,047639102.523.72$314,754
Jun 20133,1331,48694.403.93$301,600
May 20133,05515294.834.15$290,336
Apr 20133,5461,20593.964.28$338,343
Mar 20134,5371,35393.623.91$430,048
Feb 20134,4471,83091.233.42$411,958
Jan 20135,3092,17291.603.42$493,732
Dec 20129,8214,58286.773.42$867,839
Nov 201212,75642286.953.62$1,110,664
Oct 2012524089.383.40$46,835
Sep 20120094.672.92$0
Aug 20120092.662.91$0

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 2024 — as filed, then multipliedworked
Oil                   26 bbl  × $ 73.02 =     $1,899
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,899

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/O/26047 is the state's own key, not one this site invented.