PAGGI

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CONSTITUTION (13600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26736District 03Field 20254700OilCasinghead gasSaveExport
Value, all time
$612 k
Aug 2014 – May 2026
Value, last 12 filed months
$430
at the published price for each month
Months reported
142
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 14 leases and 15 wells, and the rule below applies to all of them.

Discovered
1981-01-20
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 40 acres. The field rule took effect on 1983-03-14.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 04/01/2012.

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
OilDisposition9,514 bbl$545,809
Casinghead gasProduction19,707 Mcf$65,711
Total$611,520

Wells on this lease (2)

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 30.0859, -94.2891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.08592, -94.28912 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
14,640 ft
2 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.
2100.0%

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

Between 14,040 and 15,239 ft, median 14,640 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2014 – Jun 2020
2 of 2 wells

2 wells

42-24532341215,239 ftJun 2020
42-24532262114,040 ftAug 2014

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 (142)

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

142 months

May 202600106.413.05$0
Apr 202601698.932.87$46
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202602459.138.00$192
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202502459.383.30$79
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202503466.743.32$113
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202502662.363.54$92
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202502174.324.28$90
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202402171.372.28$48
Sep 202401269.612.36$28
Aug 202401875.632.06$37
Jul 202459079.932.15$4,716
Jun 202401478.082.63$37
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202403180.301.55$48
Feb 202402276.091.78$39
Jan 20240073.023.30$0
Dec 20230871.262.61$21
Nov 202335077.892.81$2,726
Oct 202301085.443.09$31
Sep 202302689.042.74$71
Aug 202301080.522.67$27
Jul 20230074.852.64$0
Jun 20230568.962.26$11
May 20230070.622.23$0
Apr 2023792378.122.24$6,223
Mar 202304472.852.39$105
Feb 20230075.112.47$0
Jan 20230476.533.39$14
Dec 202202076.415.73$115
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202275784.888.16$6,423
Aug 2022891994.529.13$8,586
Jul 2022048101.587.54$362
Jun 2022131115.097.98$362
May 2022017109.378.43$143
Apr 202200104.226.84$0
Mar 202213040108.885.08$14,357
Feb 202206591.054.86$316
Jan 202234281.844.54$436
Dec 20211753071.323.90$12,598
Nov 202101277.435.24$63
Oct 202105379.795.71$303
Sep 2021112269.865.35$886
Aug 202108366.024.22$350
Jul 20212038670.783.98$14,711
Jun 202105069.493.38$169
May 20211822163.483.02$11,617
Apr 202110460.362.76$615
Mar 202112661.302.72$752
Feb 20210357.805.55$17
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020119038.772.71$4,614
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020132039.982.39$5,277
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020178014.751.80$2,626
Mar 20200030.341.86$0
Feb 202001349.881.98$26
Jan 202001157.252.09$23
Dec 2019183859.012.30$10,817
Nov 201901555.302.75$41
Oct 201901853.472.42$44
Sep 20190055.052.66$0
Aug 20191753.112.30$69
Jul 20190856.272.46$20
Jun 201962652.782.49$381
May 201904058.482.74$110
Apr 2019107662.632.75$835
Mar 20191838956.803.06$10,667
Feb 201908350.852.79$232
Jan 2019011146.033.23$358
Dec 201804946.594.19$205
Nov 201807552.934.24$318
Oct 20181837861.443.40$11,509
Sep 201808159.543.11$252
Aug 201807759.403.07$236
Jul 20181827065.142.93$12,061
Jun 2018010760.183.08$329
May 201809265.382.90$267
Apr 201818412063.842.90$12,095
Mar 2018011561.222.79$320
Feb 201807861.782.77$216
Jan 201818715562.874.01$12,378
Dec 2017013157.272.92$383
Nov 201709355.423.12$290
Oct 201718211149.292.98$9,302
Sep 201703247.523.09$99
Aug 2017012445.373.00$373
Jul 201719315843.873.09$8,955
Jun 2017012142.493.09$374
May 201718415345.373.26$8,847
Apr 2017016847.933.21$540
Mar 2017019746.772.98$588
Feb 201718416250.452.95$9,761
Jan 2017022349.413.42$762
Dec 201618521848.763.72$9,832
Nov 2016033742.492.64$891
Oct 2016044746.193.09$1,381
Sep 201616443941.553.10$8,175
Aug 201618232841.442.92$8,501
Jul 2016036941.622.92$1,079
Jun 201618433745.352.69$9,250
May 201618341842.521.99$8,613
Apr 2016040136.561.99$798
Mar 201618542833.011.79$6,875
Feb 201618642226.472.06$5,794
Jan 201618124327.352.36$5,525
Dec 2015012532.362.00$250
Nov 201518419338.792.17$7,556
Oct 201518513343.552.43$8,379
Sep 201518216442.992.76$8,277
Aug 201518222640.162.87$7,958
Jul 201518228348.152.95$9,597
Jun 201518326756.152.88$11,045
May 201518334055.212.96$11,108
Apr 201518538849.822.71$10,267
Mar 201536545342.892.93$16,984
Feb 201518642544.662.98$9,572
Jan 201537361043.433.10$18,091
Dec 201436886254.693.59$23,222
Nov 201437192270.464.25$30,061
Oct 20143651,30078.303.90$33,651
Sep 20145481,67686.164.05$53,996
Aug 20146672,62689.394.04$70,219

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas        16 Mcf  × $  2.87 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/26736 is the state's own key, not one this site invented.