CANALES

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

Gas lease lease 118278District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$22.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$269 k
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
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
CondensateDisposition402 bbl$8,161
GasProduction6,578,162 Mcf$22,904,211
Total$22,912,372

1,563,025 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 27.1774, -99.3223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17744, -99.32233 · 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
10,500 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 10,500 ft.

Completions filed
Sep 1985
1 of 1 wells

1 well

42-50532065510,500 ftSep 1985

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 202605,929106.413.05$18,059
Apr 202605,73598.932.87$16,458
Mar 202605,96689.753.15$18,790
Feb 202605,40663.503.75$20,274
Jan 202605,91359.138.00$47,292
Dec 202505,80756.664.41$25,628
Nov 202565,53358.593.93$22,077
Oct 202505,84159.383.30$19,304
Sep 202506,54062.743.08$20,123
Aug 202506,71763.933.01$20,250
Jul 202506,34766.743.32$21,042
Jun 202516,23766.483.13$19,580
May 202506,42060.553.23$20,751
Apr 202506,38862.363.54$22,633
Mar 202506,54567.704.27$27,936
Feb 202566,27270.884.34$27,651
Jan 202506,56574.324.28$28,090
Dec 202406,68768.993.12$20,873
Nov 202406,44569.052.20$14,169
Oct 202406,47471.372.28$14,770
Sep 202406,63969.612.36$15,697
Aug 202408,37675.632.06$17,285
Jul 202407,67479.932.15$16,473
Jun 202417,34578.082.63$19,425
May 202407,33678.812.20$16,128
Apr 202407,37984.451.66$12,243
Mar 202406,62480.301.55$10,235
Feb 202405,68376.091.78$10,136
Jan 202406,09073.023.30$20,083
Dec 202306,12271.262.61$15,983
Nov 202302,39677.892.81$6,727
Oct 20230085.443.09$0
Sep 20230189.042.74$3
Aug 202301480.522.67$37
Jul 202306,93774.852.64$18,326
Jun 202306,89468.962.26$15,570
May 202309,96370.622.23$22,192
Apr 202309,03078.122.24$20,207
Mar 202349,99672.852.39$24,213
Feb 202308,87975.112.47$21,893
Jan 2023011,02676.533.39$37,353
Dec 202208,47176.415.73$48,531
Nov 202202,39185.005.65$13,500
Oct 202205,66487.185.86$33,212
Sep 202206,16684.888.16$50,337
Aug 202207,63994.529.13$69,722
Jul 202207,498101.587.54$56,551
Jun 202207,328115.097.98$58,457
May 202207,413109.378.43$62,514
Apr 202207,536104.226.84$51,528
Mar 202207,302108.885.08$37,068
Feb 202206,88291.054.86$33,439
Jan 202208,12981.844.54$36,887
Dec 202108,57171.323.90$33,419
Nov 202107,39777.435.24$38,737
Oct 202108,30079.795.71$47,425
Sep 202108,25769.865.35$44,183
Aug 202108,30866.024.22$35,065
Jul 202108,42570.783.98$33,549
Jun 202107,69969.493.38$26,027
May 202108,32063.483.02$25,107
Apr 202108,00360.362.76$22,076
Mar 202108,16161.302.72$22,173
Feb 202106,88757.805.55$38,209
Jan 202108,30650.412.81$23,342
Dec 202008,63644.642.68$23,105
Nov 202007,59838.772.71$20,565
Oct 202007,58436.972.48$18,796
Sep 202007,50937.091.99$14,951
Aug 202008,45239.982.39$20,159
Jul 202008,16338.371.83$14,898
Jun 202007,66034.901.69$12,948
May 202008,20316.921.81$14,886
Apr 202008,18514.751.80$14,769
Mar 202008,21630.341.86$15,251
Feb 202007,37849.881.98$14,613
Jan 202006,21857.252.09$13,025
Dec 201908,09959.012.30$18,663
Nov 201907,72055.302.75$21,235
Oct 201908,05953.472.42$19,491
Sep 201937,71155.052.66$20,655
Aug 201907,93453.112.30$18,283
Jul 201908,08056.272.46$19,877
Jun 201907,17752.782.49$17,879
May 201907,51158.482.74$20,583
Apr 201907,34462.632.75$20,201
Mar 201917,63756.803.06$23,442
Feb 201906,81350.852.79$19,023
Jan 201907,62846.033.23$24,625
Dec 201807,57046.594.19$31,684
Nov 201807,68152.934.24$32,546
Oct 201808,21261.443.40$27,905
Sep 201808,40959.543.11$26,135
Aug 201807,77359.403.07$23,836
Jul 201807,63865.142.93$22,394
Jun 201817,73960.183.08$23,872
May 201808,04465.382.90$23,334
Apr 201807,73463.842.90$22,435
Mar 201807,86261.222.79$21,910
Feb 201806,98761.782.77$19,327
Jan 201807,95162.874.01$31,878
Dec 201707,94957.272.92$23,223
Nov 201707,76355.423.12$24,208
Oct 201717,79449.292.98$23,304
Sep 201707,18247.523.09$22,173
Aug 201707,37645.373.00$22,160
Jul 201707,27443.873.09$22,457
Jun 201707,37342.493.09$22,763
May 201707,27545.373.26$23,741
Apr 201706,84047.933.21$21,967
Mar 201707,37946.772.98$22,017
Feb 201706,90450.452.95$20,385
Jan 201707,39749.413.42$25,289
Dec 201607,54648.763.72$28,092
Nov 201607,50142.492.64$19,835
Oct 201607,93746.193.09$24,527
Sep 201608,09641.553.10$25,103
Aug 201607,73141.442.92$22,608
Jul 201608,32741.622.92$24,351
Jun 201608,33745.352.69$22,392
May 201609,32142.521.99$18,558
Apr 201609,27136.561.99$18,459
Mar 201609,21033.011.79$16,523
Feb 201609,21826.472.06$19,023
Jan 201609,79527.352.36$23,159
Dec 201509,89732.362.00$19,808
Nov 201509,82538.792.17$21,294
Oct 2015010,33843.552.43$25,086
Sep 201509,78342.992.76$26,986
Aug 201508,45240.162.87$24,278
Jul 201509,19848.152.95$27,089
Jun 2015011,03956.152.88$31,824
May 2015010,16555.212.96$30,042
Apr 201505,17549.822.71$14,007
Mar 2015010,90242.892.93$31,994
Feb 2015010,73244.662.98$31,940
Jan 2015011,95143.433.10$37,056
Dec 2014013,04754.693.59$46,856
Nov 2014011,96770.464.25$50,882
Oct 2014012,93578.303.90$50,459
Sep 2014012,70986.164.05$51,414
Aug 2014012,61489.394.04$50,899
Jul 2014013,11696.564.18$54,820
Jun 2014012,60098.164.74$59,685
May 2014012,75994.734.73$60,306
Apr 2014013,23195.944.81$63,629
Mar 201409,05295.895.06$45,774
Feb 201405,67297.406.19$35,121
Jan 201404,21890.404.86$20,503
Dec 201304,66991.824.35$20,331
Nov 201302,76688.853.74$10,340
Oct 201305,15597.423.78$19,483
Sep 201305,692104.113.72$21,161
Aug 201308,773104.253.52$30,904
Jul 201308,811102.523.72$32,757
Jun 201309,80594.403.93$38,567
May 201309,82794.834.15$40,773
Apr 201309,45993.964.28$40,509
Mar 201308,56693.623.91$33,518
Feb 2013010,14891.233.42$34,705
Jan 201305,01791.603.42$17,158
Dec 2012011,37886.773.42$38,915
Nov 2012010,68986.953.62$38,747
Oct 2012011,09989.383.40$37,733
Sep 2012010,38394.672.92$30,302
Aug 2012012,69892.662.91$36,928
Jul 2012012,60485.133.02$38,074
Jun 2012013,00079.822.52$32,748
May 2012013,46791.612.49$33,510
Apr 2012013,221101.652.00$26,400
Mar 2012011,504105.052.22$25,563
Feb 2012011,668101.102.57$29,990
Jan 2012012,09698.092.73$33,071
Dec 2011012,87896.873.24$41,721
Nov 2011012,75795.723.31$42,242
Oct 2011012,95184.983.65$47,252
Sep 2011013,11383.623.99$52,266
Aug 2011013,94283.404.15$57,850
Jul 2011014,49594.144.52$65,477
Jun 2011013,82992.904.64$64,165
May 2011015,35798.134.40$67,645
Apr 2011011,189105.964.33$48,485
Mar 201107,87196.364.06$31,935
Feb 2011010,64985.644.18$44,513
Jan 2011012,79986.504.59$58,732
Dec 2010013,35785.734.35$58,073
Nov 2010012,84880.843.80$48,762
Oct 2010013,32978.103.51$46,770
Sep 2010013,83772.633.98$55,064
Aug 2010014,92473.684.42$65,955
Jul 2010013,74772.554.74$65,113
Jun 2010014,32970.364.91$70,361
May 2010015,68271.124.24$66,417
Apr 2010015,44581.694.12$63,675
Mar 2010016,04278.394.39$70,403
Feb 2010014,82773.585.44$80,694
Jan 2010016,23274.365.96$96,809
Dec 2009016,42571.445.48$90,071
Nov 2009016,90374.593.75$63,412
Oct 2009016,75972.544.11$68,884
Sep 2009017,89265.543.06$54,835
Aug 2009019,07767.423.22$61,399
Jul 2009019,99261.133.46$69,262
Jun 2009019,55366.163.90$76,159
May 2009019,97554.743.93$78,417
Apr 2009018,78246.773.59$67,380
Mar 2009020,11642.144.06$81,651
Feb 2009018,97832.814.63$87,925
Jan 2009020,84835.865.37$111,975
Dec 2008020,21737.105.98$120,840
Nov 2008018,95555.496.86$130,038
Oct 2008020,24475.246.92$140,129
Sep 2008019,098101.767.88$150,437
Aug 2008020,618114.228.48$174,903
Jul 2008021,837131.0811.39$248,711
Jun 2008020,374131.3313.03$265,527
May 2008021,690123.1711.57$251,046
Apr 2008021,419110.3110.45$223,933
Mar 2008021,966101.909.66$212,281
Feb 2008020,30992.538.77$178,122
Jan 2008022,10390.388.21$181,371
Dec 2007022,26888.337.30$162,600
Nov 2007021,85291.677.29$159,338
Oct 2007022,36182.856.92$154,782
Sep 2007021,79075.846.24$136,060
Aug 2007023,35469.066.39$149,184
Jul 2007023,57070.906.39$150,564
Jun 2007022,63262.007.55$170,837
May 2007023,72158.747.85$186,122
Apr 2007022,32859.617.81$174,275
Mar 2007024,86656.927.30$181,571
Feb 2007022,88555.108.22$188,023
Jan 2007024,11850.306.73$162,238
Dec 200608,26856.656.92$57,202
Nov 2006019,78454.207.62$150,704
Oct 2006019,39254.906.01$116,620
Sep 2006016,94160.085.04$85,335
Aug 2006014,91168.717.34$109,446
Jul 2006014,63069.376.34$92,795
Jun 2006010,18266.286.38$65,001
May 200609,76066.016.42$62,708
Apr 2006014,36664.397.36$105,741
Mar 2006020,66856.707.08$146,390
Feb 2006019,28957.597.75$149,511
Jan 2006022,48960.598.93$200,901
Dec 2005023,04054.9413.42$309,091
Nov 2005021,21954.6910.59$224,675
Oct 2005021,95258.3413.80$302,845
Sep 2005021,36361.4512.08$258,044
Aug 2005022,42861.519.80$219,724
Jul 2005023,13355.697.84$181,447
Jun 2005022,19452.337.38$163,815
May 2005023,02045.226.65$153,110
Apr 2005023,02949.207.36$169,504
Mar 2005022,70950.377.15$162,480
Feb 2005021,23245.226.31$134,015
Jan 2005021,92043.166.32$138,583
Dec 2004022,01739.866.75$148,639
Nov 2004023,76945.286.33$150,468
Oct 2004023,78249.706.52$154,942
Sep 2004022,83243.245.28$120,642
Aug 2004023,96042.375.55$132,994
Jul 2004023,11138.286.08$140,611
Jun 2004020,74036.106.43$133,421
May 2004023,42137.486.49$152,110
Apr 2004023,36534.475.86$136,883
Mar 2004023,22034.365.53$128,410
Feb 2004022,81632.455.51$125,707
Jan 2004025,29932.036.30$159,375
Dec 2003024,55630.266.30$154,743
Nov 2003023,40528.804.60$107,550
Oct 2003025,16428.174.76$119,772
Sep 2003018,71326.314.75$88,875
Aug 2003017,08229.765.13$87,626
Jul 2003016,62929.415.17$85,986
Jun 2003019,73928.565.98$118,098
May 2003018,65526.595.97$111,420
Apr 2003020,60126.675.41$111,395
Mar 2003026,03231.146.10$158,692
Feb 2003021,68733.487.93$171,889
Jan 2003023,57130.315.58$131,574
Dec 2002026,27326.914.85$127,523
Nov 2002024,77524.664.14$102,493
Oct 2002024,52326.464.23$103,711
Sep 2002025,47127.443.64$92,592
Aug 2002027,44025.963.16$86,825
Jul 2002021,67724.583.06$66,370
Jun 2002010,92123.733.34$36,457
May 200206,96824.663.58$24,973
Apr 2002023,29623.653.51$81,823
Mar 20026227,39022.003.10$86,348
Feb 2002023,94018.222.38$56,874
Jan 2002019,61517.172.38$46,599
Dec 2001023,32616.932.36$55,152
Nov 200107,95118.072.41$19,126
Oct 200105,85219.782.53$14,799
Sep 200106,99524.262.25$15,748
Aug 2001018,24324.873.05$55,699
Jul 2001025,67423.933.20$82,082
Jun 2001028,86024.563.82$110,365
May 2001028,45525.524.31$122,565
Apr 2001026,67724.685.34$142,330
Mar 2001024,50724.545.38$131,760
Feb 2001023,46127.755.77$135,301
Jan 20010527.478.40$42
Dec 2000014,22026.889.12$129,722
Nov 2000016,57632.215.66$93,787
Oct 2000119,45131.235.15$100,116
Sep 2000019,80531.875.19$102,719
Aug 2000023,27029.644.54$105,663
Jul 2000022,80128.534.09$93,250
Jun 2000022,76429.304.40$100,099
May 2000025,29927.263.68$93,094
Apr 2000024,26424.513.12$75,607
Mar 2000024,88528.422.86$71,165
Feb 2000023,89827.622.73$65,158
Jan 2000026,01225.272.48$64,523
Dec 1999025,79824.282.42$62,527
Nov 1999025,23323.192.43$61,417
Oct 1999026,11420.982.80$73,216
Sep 1999025,32121.752.62$66,312
Aug 1999022,41219.262.88$64,448
Jul 1999025,16117.892.37$59,691
Jun 1999021,62215.942.36$51,073
May 1999024,94115.792.32$57,889
Apr 1999023,75115.102.21$52,443
Mar 1999024,50412.471.84$45,046
Feb 1999023,8149.981.82$43,289
Jan 1999026,70710.381.90$50,742
Dec 1998026,7599.201.77$47,452
Nov 1998025,47210.892.19$55,675
Oct 1998024,68412.421.97$48,608
Sep 1998025,37512.592.08$52,846
Aug 1998018,81911.301.91$35,894
Jul 1998011,79311.742.24$26,384
Jun 1998017,76611.242.24$39,747
May 1998020,25612.622.21$44,692
Apr 1998023,65513.042.51$59,264
Mar 1998022,99112.802.31$53,096
Feb 1998017,75413.952.30$40,819
Jan 1998022,56014.702.15$48,612
Dec 1997024,84916.322.41$59,913
Nov 1997025,50018.193.09$78,751
Oct 1997027,52419.253.15$86,696
Sep 199709,73917.742.95$28,778
Aug 199707,19917.862.55$18,392
Jul 1997018,89517.582.25$42,456
Jun 1997011,77017.242.26$26,567
May 1997126,29918.972.31$60,730
Apr 19975126,56217.882.08$56,235
Mar 1997226,97418.951.94$52,344
Feb 1997223,81420.492.21$52,572
Jan 1997027,81423.483.54$98,453
Dec 1996128,62023.32$23
Nov 1996128,56721.97$22
Oct 1996129,54923.31$23
Sep 1996029,02522.22$0
Aug 1996030,72120.26$0
Jul 1996031,23519.55$0
Jun 1996030,04618.73$0
May 1996131,51319.43$19
Apr 1996031,44221.51$0
Mar 1996032,54919.38$0
Feb 19968527,15516.98$1,443
Jan 1996023,57917.07$0
Dec 1995031,96417.19$0
Nov 1995130,23816.00$16
Oct 1995134,13215.43$15
Sep 1995033,12016.18$0
Aug 1995133,27015.92$16
Jul 1995034,26615.24$0
Jun 1995134,45516.41$16
May 1995034,96717.56$0
Apr 1995034,52517.73$0
Mar 1995138,35116.44$16
Feb 1995034,80116.58$0
Jan 1995039,35115.92$0
Dec 1994012,48015.03$0
Nov 1994019,64815.90$0
Oct 1994010,40215.58$0
Sep 1994017,49715.29$0
Aug 1994027,34916.13$0
Jul 1994030,36717.56$0
Jun 1994033,63217.09$0
May 1994030,18115.88$0
Apr 1994040,01014.14$0
Mar 1994040,94012.46$0
Feb 1994438,86312.50$50
Jan 1994133,18412.66$13
Dec 1993034,68712.33$0
Nov 1993026,52214.49$0
Oct 199315837,17215.85$2,504
Sep 1993034,60215.03$0
Aug 1993135,28415.66$16
Jul 1993023,15215.46$0
Jun 1993032,36416.79$0
May 1993035,16817.68$0
Apr 1993147,58418.05$18
Mar 1993048,10918.14$0
Feb 1993044,77917.90$0
Jan 1993061,60816.93$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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                5,929 Mcf  × $  3.05 =    $18,059

────────────────────────────────────────────────────
Month total                                  $18,059

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/118278 is the state's own key, not one this site invented.