ALLEY

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

Gas lease lease 116492District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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 2010-11-02.

The Commission's schedule remark for this field reads: NO P-15 OR PLAT REQUIRED.

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 Gas112004-04-12150702
NGPA2none

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
CondensateDisposition1,612 bbl$47,147
GasProduction577,674 Mcf$2,581,634
Total$2,628,782

47,078 Mcf of this lease's gas, across 48 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 27.5914, -99.0583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59140, -99.05832 · 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
10,800 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 10,800 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-479341117ST10,800 ftApr 2016

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 (401)

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

401 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 202401478.812.20$31
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 20230189.042.74$3
Aug 20230180.522.67$3
Jul 20230674.852.64$16
Jun 20230868.962.26$18
May 202301070.622.23$22
Apr 202301078.122.24$22
Mar 202301172.852.39$26
Feb 202301075.112.47$25
Jan 202301276.533.39$41
Dec 202201376.415.73$74
Nov 202201285.005.65$68
Oct 202201387.185.86$76
Sep 202201184.888.16$90
Aug 20220694.529.13$55
Jul 202207101.587.54$53
Jun 202207115.097.98$56
May 202208109.378.43$67
Apr 202206104.226.84$41
Mar 202207108.885.08$36
Feb 20220791.054.86$34
Jan 20220781.844.54$32
Dec 20210871.323.90$31
Nov 202101077.435.24$52
Oct 20210679.795.71$34
Sep 20210069.865.35$0
Aug 20210366.024.22$13
Jul 20210370.783.98$12
Jun 20210469.493.38$14
May 20210463.483.02$12
Apr 20210860.362.76$22
Mar 202101261.302.72$33
Feb 202101057.805.55$55
Jan 202101350.412.81$37
Dec 202001344.642.68$35
Nov 202001438.772.71$38
Oct 202001336.972.48$32
Sep 202001237.091.99$24
Aug 202001339.982.39$31
Jul 202001338.371.83$24
Jun 202001434.901.69$24
May 202001716.921.81$31
Apr 202002714.751.80$49
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202001057.252.09$21
Dec 201902959.012.30$67
Nov 201901055.302.75$28
Oct 201902753.472.42$65
Sep 201901455.052.66$37
Aug 201902053.112.30$46
Jul 201901456.272.46$34
Jun 20190952.782.49$22
May 201901658.482.74$44
Apr 201901162.632.75$30
Mar 20190656.803.06$18
Feb 20190350.852.79$8
Jan 20190246.033.23$6
Dec 20180546.594.19$21
Nov 201801352.934.24$55
Oct 201801261.443.40$41
Sep 20180459.543.11$12
Aug 201801459.403.07$43
Jul 20180265.142.93$6
Jun 201801160.183.08$34
May 201801165.382.90$32
Apr 20180563.842.90$15
Mar 201801861.222.79$50
Feb 201801161.782.77$30
Jan 201801762.874.01$68
Dec 201701957.272.92$56
Nov 201702355.423.12$72
Oct 201702749.292.98$81
Sep 201702847.523.09$86
Aug 201702545.373.00$75
Jul 201702543.873.09$77
Jun 201703042.493.09$93
May 201703645.373.26$117
Apr 201704347.933.21$138
Mar 201703146.772.98$92
Feb 201705050.452.95$148
Jan 201706049.413.42$205
Dec 201607048.763.72$261
Nov 201608642.492.64$227
Oct 201601,56246.193.09$4,827
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20162036.561.99$73
Mar 2016546333.011.79$996
Feb 2016661726.472.06$1,432
Jan 2016555927.352.36$1,458
Dec 2015658032.362.00$1,355
Nov 2015555438.792.17$1,395
Oct 2015347143.552.43$1,274
Sep 2015847542.992.76$1,654
Aug 2015255440.162.87$1,672
Jul 2015467648.152.95$2,183
Jun 2015466156.152.88$2,130
May 2015457955.212.96$1,932
Apr 2015479349.822.71$2,346
Mar 2015189742.892.93$2,675
Feb 20152044.662.98$89
Jan 2015466043.433.10$2,220
Dec 2014476154.693.59$2,952
Nov 2014466870.464.25$3,122
Oct 2014479378.303.90$3,407
Sep 2014372486.164.05$3,187
Aug 2014057189.394.04$2,304
Jul 2014088196.564.18$3,682
Jun 2014089598.164.74$4,240
May 2014059494.734.73$2,808
Apr 2014059595.944.81$2,861
Mar 201401,15795.895.06$5,851
Feb 2014091897.406.19$5,684
Jan 2014072190.404.86$3,505
Dec 201301,19791.824.35$5,212
Nov 2013029488.853.74$1,099
Oct 2013089597.423.78$3,383
Sep 201301,174104.113.72$4,365
Aug 20130341104.253.52$1,201
Jul 20130399102.523.72$1,483
Jun 2013041194.403.93$1,617
May 2013082394.834.15$3,415
Apr 2013058893.964.28$2,518
Mar 2013069993.623.91$2,735
Feb 2013081491.233.42$2,784
Jan 2013059891.603.42$2,045
Dec 2012042286.773.42$1,443
Nov 2012052586.953.62$1,903
Oct 2012068389.383.40$2,322
Sep 2012055494.672.92$1,617
Aug 2012071292.662.91$2,071
Jul 2012084285.133.02$2,544
Jun 2012087279.822.52$2,197
May 2012065591.612.49$1,630
Apr 20120552101.652.00$1,102
Mar 20120631105.052.22$1,402
Feb 20120683101.102.57$1,755
Jan 2012062798.092.73$1,714
Dec 201101,04296.873.24$3,376
Nov 2011058795.723.31$1,944
Oct 2011087084.983.65$3,174
Sep 2011072183.623.99$2,874
Aug 201101,09283.404.15$4,531
Jul 2011035694.144.52$1,608
Jun 2011073892.904.64$3,424
May 2011075698.134.40$3,330
Apr 20110838105.964.33$3,631
Mar 2011082796.364.06$3,355
Feb 2011088885.644.18$3,712
Jan 2011075586.504.59$3,465
Dec 2010071485.734.35$3,104
Nov 2010073480.843.80$2,786
Oct 2010090678.103.51$3,179
Sep 2010084872.633.98$3,375
Aug 2010090573.684.42$4,000
Jul 2010081072.554.74$3,837
Jun 2010074870.364.91$3,673
May 2010089871.124.24$3,803
Apr 201001,25681.694.12$5,178
Mar 2010071078.394.39$3,116
Feb 2010067273.585.44$3,657
Jan 2010099274.365.96$5,916
Dec 2009086971.445.48$4,765
Nov 2009068874.593.75$2,581
Oct 2009081072.544.11$3,329
Sep 2009089865.543.06$2,752
Aug 200901,02167.423.22$3,286
Jul 200902,18861.133.46$7,580
Jun 200901,64766.163.90$6,415
May 200901,75154.743.93$6,874
Apr 200902,22546.773.59$7,982
Mar 200901,48642.144.06$6,032
Feb 2009078232.814.63$3,623
Jan 2009095435.865.37$5,124
Dec 200801,12237.105.98$6,706
Nov 200801,07455.496.86$7,368
Oct 2008070875.246.92$4,901
Sep 20080898101.767.88$7,074
Aug 20080776114.228.48$6,583
Jul 200801,103131.0811.39$12,563
Jun 20080785131.3313.03$10,231
May 20080998123.1711.57$11,551
Apr 200801,016110.3110.45$10,622
Mar 20080953101.909.66$9,210
Feb 2008099892.538.77$8,753
Jan 2008093090.388.21$7,631
Dec 200701,09788.337.30$8,010
Nov 200701,27891.677.29$9,319
Oct 200701,02782.856.92$7,109
Sep 20070075.846.24$0
Aug 200701,13569.066.39$7,250
Jul 200701,32170.906.39$8,438
Jun 200701,38762.007.55$10,470
May 200701,29058.747.85$10,122
Apr 200701,30759.617.81$10,201
Mar 200701,67656.927.30$12,238
Feb 200701,32855.108.22$10,911
Jan 200701,56350.306.73$10,514
Dec 200602,40756.656.92$16,653
Nov 200602,80654.207.62$21,375
Oct 200601,23554.906.01$7,427
Sep 200601,14060.085.04$5,742
Aug 200601,53268.717.34$11,245
Jul 200601,14169.376.34$7,237
Jun 200601,37966.286.38$8,803
May 200601,30166.016.42$8,359
Apr 200601,26364.397.36$9,296
Mar 200601,22456.707.08$8,669
Feb 200601,13757.597.75$8,813
Jan 200601,12760.598.93$10,068
Dec 200501,18554.9413.42$15,897
Nov 200501,19754.6910.59$12,674
Oct 200501,38158.3413.80$19,052
Sep 2005066961.4512.08$8,081
Aug 200501,03761.519.80$10,159
Jul 200501,25755.697.84$9,859
Jun 200501,30752.337.38$9,647
May 200511,63045.226.65$10,887
Apr 200521,35149.207.36$10,042
Mar 200511,47050.377.15$10,568
Feb 200521,32845.226.31$8,473
Jan 200511,30943.166.32$8,319
Dec 200431,41539.866.75$9,672
Nov 200441,48545.286.33$9,582
Oct 200461,42649.706.52$9,589
Sep 200421,66243.245.28$8,868
Aug 200442,08942.375.55$11,765
Jul 200432,09138.286.08$12,837
Jun 200441,69936.106.43$11,074
May 200461,66937.486.49$11,064
Apr 2004221,68134.475.86$10,606
Mar 2004392,97934.365.53$17,814
Feb 2004392,59732.455.51$15,574
Jan 2004223,07732.036.30$20,089
Dec 2003362,94730.266.30$19,660
Nov 2003141,60628.804.60$7,783
Oct 2003282,24428.174.76$11,469
Sep 200362,28426.314.75$11,005
Aug 200302,10529.765.13$10,798
Jul 200302,37629.415.17$12,286
Jun 200302,55928.565.98$15,310
May 200302,30426.595.97$13,761
Apr 200312,51226.675.41$13,610
Mar 2003102,22631.146.10$13,881
Feb 2003223,94733.487.93$32,020
Jan 2003152,55730.315.58$14,728
Dec 2002232,47026.914.85$12,608
Nov 2002132,89724.664.14$12,305
Oct 2002314,40926.464.23$19,466
Sep 2002242,98527.443.64$11,510
Aug 2002254,33325.963.16$14,359
Jul 2002273,82224.583.06$12,366
Jun 2002202,71223.733.34$9,528
May 200203,72424.663.58$13,347
Apr 200203,66823.653.51$12,883
Mar 200204,21122.003.10$13,066
Feb 200203,82718.222.38$9,092
Jan 200203,87417.172.38$9,203
Dec 200103,87416.932.36$9,160
Nov 200105,13618.072.41$12,355
Oct 200104,97519.782.53$12,581
Sep 200106,03824.262.25$13,593
Aug 200105,69724.873.05$17,394
Jul 200117,52323.933.20$24,076
Jun 200149,28124.563.82$35,590
May 2001288,33825.524.31$36,629
Apr 2001816,42424.685.34$36,273
Mar 20011398,35624.545.38$48,337
Feb 20011157,35627.755.77$45,614
Jan 200113210,27327.478.40$89,907
Dec 20005413,29926.889.12$122,772
Nov 20005818,25232.215.66$105,138
Oct 20007033,01531.235.15$172,065
Sep 20005036,00231.875.19$188,318
Aug 20004365,34829.644.54$298,003
Jul 20002028.534.09$57
Jun 20004222629.304.40$2,224
May 2000812,14727.263.68$10,108
Apr 2000802,60124.513.12$10,066
Mar 2000912,15728.422.86$8,755
Feb 200001,38427.622.73$3,773
Jan 200002,39525.272.48$5,941
Dec 199902,24324.282.42$5,436
Nov 199901,30623.192.43$3,179
Oct 199905,20620.982.80$14,596
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999057515.942.36$1,358
May 199901,13315.792.32$2,630
Apr 1999380515.102.21$1,823
Mar 199901,12812.471.84$2,074
Feb 199921,0599.981.82$1,945
Jan 199901,14110.381.90$2,168
Dec 199808859.201.77$1,569
Nov 199801,24110.892.19$2,712
Oct 199801,06012.421.97$2,087
Sep 1998088312.592.08$1,839
Aug 1998099811.301.91$1,904
Jul 1998092911.742.24$2,078
Jun 199801,10511.242.24$2,472
May 199801,22012.622.21$2,692
Apr 199801,69913.042.51$4,257
Mar 1998098112.802.31$2,266
Feb 1998079413.952.30$1,826
Jan 1998095814.702.15$2,064
Dec 199702,04816.322.41$4,938
Nov 199703,15118.193.09$9,731
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997059317.862.55$1,515
Jul 1997094917.582.25$2,132
Jun 199701,93317.242.26$4,363
May 199701,60818.972.31$3,712
Apr 199701,26217.882.08$2,628
Mar 199702,17418.951.94$4,216
Feb 1997075120.492.21$1,657
Jan 199702,02623.483.54$7,171
Dec 199605,36223.32$0
Nov 1996053021.97$0
Oct 1996045023.31$0
Sep 1996072222.22$0
Aug 199601,17420.26$0
Jul 199603,35219.55$0
Jun 199601,62818.73$0
May 199602,96319.43$0
Apr 199605,83221.51$0
Mar 199602,94719.38$0
Feb 199601,96916.98$0
Jan 199601,56917.07$0
Dec 199501,49117.19$0
Nov 1995077516.00$0
Oct 1995062115.43$0
Sep 1995030316.18$0
Aug 1995046415.92$0
Jul 1995038215.24$0
Jun 1995027316.41$0
May 1995037617.56$0
Apr 1995076817.73$0
Mar 199501,62516.44$0
Feb 1995033216.58$0
Jan 1995036415.92$0
Dec 1994068715.03$0
Nov 1994069315.90$0
Oct 1994047315.58$0
Sep 1994055915.29$0
Aug 1994073916.13$0
Jul 1994065417.56$0
Jun 1994081217.09$0
May 1994018415.88$0
Apr 1994023914.14$0
Mar 1994022712.46$0
Feb 1994016112.50$0
Jan 1994017612.66$0
Dec 1993029512.33$0
Nov 1993046414.49$0
Oct 1993055415.85$0
Sep 1993061415.03$0
Aug 1993073915.66$0
Jul 1993061815.46$0
Jun 1993025816.79$0
May 1993036417.68$0
Apr 1993029318.05$0
Mar 1993039418.14$0
Feb 1993031117.90$0
Jan 1993029816.93$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.

May 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.81 =         $0
Gas                   14 Mcf  × $  2.20 =        $31

────────────────────────────────────────────────────
Month total                                      $31

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. 04/G/116492 is the state's own key, not one this site invented.