LINCOLN, W.P. 1312

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

Gas lease lease 119301District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$66 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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
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: STATEWIDE RULES. NO P-15 & PLAT.

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 Gas111995-07-28131573
NGPA3none

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
CondensateDisposition14,595 bbl$307,466
GasProduction3,369,274 Mcf$6,661,200
Total$6,968,665

1,704,014 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 27.7933, -99.1286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79327, -99.12857 · 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
7,900 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 7,900 ft.

1 well

42-4793422237,900 ft

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 202601,669106.413.05$5,084
Apr 202601,62598.932.87$4,663
Mar 202601,68489.753.15$5,304
Feb 202601,32363.503.75$4,962
Jan 202601,57059.138.00$12,557
Dec 202501,43356.664.41$6,324
Nov 202501,45758.593.93$5,721
Oct 202501,36459.383.30$4,508
Sep 202501,29562.743.08$3,985
Aug 202501,31563.933.01$3,964
Jul 202501,33866.743.32$4,436
Jun 202501,28766.483.13$4,027
May 202501,68060.553.23$5,430
Apr 202501,20062.363.54$4,252
Mar 202501,27967.704.27$5,459
Feb 202501,17970.884.34$5,118
Jan 202501,34474.324.28$5,751
Dec 202401,31568.993.12$4,105
Nov 202401,26569.052.20$2,781
Oct 202401,28071.372.28$2,920
Sep 202401,30369.612.36$3,081
Aug 202401,35575.632.06$2,796
Jul 202401,32879.932.15$2,851
Jun 202401,25778.082.63$3,311
May 202401,36178.812.20$2,992
Apr 202481,39284.451.66$2,985
Mar 2024511,56280.301.55$6,509
Feb 202401,41576.091.78$2,524
Jan 202401,45673.023.30$4,801
Dec 202301,50771.262.61$3,934
Nov 202301,49777.892.81$4,203
Oct 202301,59685.443.09$4,927
Sep 202301,49689.042.74$4,092
Aug 202301,72580.522.67$4,611
Jul 202301,53674.852.64$4,058
Jun 202301,52468.962.26$3,442
May 202301,56670.622.23$3,488
Apr 202301,50778.122.24$3,372
Mar 202301,64472.852.39$3,934
Feb 202301,43275.112.47$3,531
Jan 202301,34876.533.39$4,567
Dec 202201,36176.415.73$7,797
Nov 202201,66385.005.65$9,390
Oct 202201,72587.185.86$10,115
Sep 202201,45484.888.16$11,870
Aug 202201,48994.529.13$13,590
Jul 202201,571101.587.54$11,849
Jun 202201,429115.097.98$11,399
May 202201,536109.378.43$12,953
Apr 202201,398104.226.84$9,559
Mar 202201,496108.885.08$7,594
Feb 202201,43291.054.86$6,958
Jan 202201,49681.844.54$6,788
Dec 202101,59171.323.90$6,204
Nov 202101,70377.435.24$8,918
Oct 202101,79879.795.71$10,274
Sep 202101,39369.865.35$7,454
Aug 2021098866.024.22$4,170
Jul 202101,23670.783.98$4,922
Jun 202101,05269.493.38$3,556
May 202141,05863.483.02$3,447
Apr 2021121,14560.362.76$3,883
Mar 202101,07761.302.72$2,926
Feb 2021089457.805.55$4,960
Jan 2021087650.412.81$2,462
Dec 2020088244.642.68$2,360
Nov 2020092138.772.71$2,493
Oct 2020096936.972.48$2,402
Sep 2020095537.091.99$1,901
Aug 202001,02139.982.39$2,435
Jul 202001,10238.371.83$2,011
Jun 202001,15134.901.69$1,946
May 202001,22416.921.81$2,221
Apr 202001,21314.751.80$2,189
Mar 202001,18530.341.86$2,200
Feb 202001,10549.881.98$2,189
Jan 202001,29457.252.09$2,711
Dec 201901,40859.012.30$3,245
Nov 201901,68755.302.75$4,640
Oct 201901,98953.472.42$4,810
Sep 201902,14255.052.66$5,692
Aug 201902,38753.112.30$5,501
Jul 201901,95356.272.46$4,805
Jun 201901,55452.782.49$3,871
May 201901,67458.482.74$4,587
Apr 201901,86462.632.75$5,127
Mar 201902,86156.803.06$8,761
Feb 201901,67950.852.79$4,688
Jan 201902,17146.033.23$7,008
Dec 201802,42446.594.19$10,146
Nov 201802,02052.934.24$8,559
Oct 201801,91661.443.40$6,511
Sep 201801,70659.543.11$5,302
Aug 201801,97059.403.07$6,041
Jul 2018431,81865.142.93$8,131
Jun 201801,98260.183.08$6,098
May 201801,51065.382.90$4,380
Apr 201801,54263.842.90$4,473
Mar 201801,66861.222.79$4,648
Feb 201801,53561.782.77$4,246
Jan 201801,73362.874.01$6,948
Dec 201701,72657.272.92$5,043
Nov 201701,64255.423.12$5,120
Oct 201701,79749.292.98$5,362
Sep 201701,59547.523.09$4,924
Aug 201701,47745.373.00$4,438
Jul 201701,58343.873.09$4,887
Jun 201701,58242.493.09$4,884
May 201701,78745.373.26$5,832
Apr 201701,65647.933.21$5,318
Mar 201701,59846.772.98$4,768
Feb 201701,56650.452.95$4,624
Jan 201701,69749.413.42$5,802
Dec 2016752,11848.763.72$11,542
Nov 201602,60242.492.64$6,881
Oct 201602,91546.193.09$9,008
Sep 201602,74341.553.10$8,505
Aug 201602,78241.442.92$8,136
Jul 201602,74741.622.92$8,033
Jun 201602,86345.352.69$7,690
May 201602,86542.521.99$5,704
Apr 201602,02036.561.99$4,022
Mar 201601,73133.011.79$3,105
Feb 201601,83726.472.06$3,791
Jan 201602,73027.352.36$6,455
Dec 201502,90932.362.00$5,822
Nov 201502,90938.792.17$6,305
Oct 201502,97043.552.43$7,207
Sep 201502,65242.992.76$7,315
Aug 201502,99740.162.87$8,609
Jul 201502,17248.152.95$6,397
Jun 201502,34356.152.88$6,755
May 2015713,04955.212.96$12,931
Apr 201502,60549.822.71$7,051
Mar 201503,10242.892.93$9,103
Feb 201502,69844.662.98$8,030
Jan 201503,09743.433.10$9,603
Dec 201403,10654.693.59$11,155
Nov 201402,67570.464.25$11,374
Oct 201402,76378.303.90$10,778
Sep 201402,90986.164.05$11,768
Aug 201403,02389.394.04$12,198
Jul 201403,17996.564.18$13,287
Jun 201403,13798.164.74$14,860
May 201403,35394.734.73$15,848
Apr 2014493,58395.944.81$21,932
Mar 201403,67195.895.06$18,564
Feb 201402,70297.406.19$16,731
Jan 201403,64790.404.86$17,727
Dec 201301,94391.824.35$8,461
Nov 201301,90488.853.74$7,118
Oct 201303,22497.423.78$12,185
Sep 201303,727104.113.72$13,856
Aug 201304,036104.253.52$14,217
Jul 201302,346102.523.72$8,722
Jun 201303,23894.403.93$12,736
May 201304,08394.834.15$16,941
Apr 201303,23093.964.28$13,833
Mar 201303,25093.623.91$12,717
Feb 201302,88091.233.42$9,849
Jan 201303,14691.603.42$10,759
Dec 201203,45786.773.42$11,823
Nov 201203,20786.953.62$11,625
Oct 201203,67289.383.40$12,484
Sep 201203,80694.672.92$11,107
Aug 201203,96492.662.91$11,528
Jul 201203,77285.133.02$11,394
Jun 201204,09279.822.52$10,308
May 201204,73391.612.49$11,777
Apr 201203,612101.652.00$7,212
Mar 201203,453105.052.22$7,673
Feb 201202,607101.102.57$6,701
Jan 201204,38098.092.73$11,975
Dec 201104,26296.873.24$13,808
Nov 201104,97995.723.31$16,487
Oct 2011082284.983.65$2,999
Sep 2011035983.623.99$1,431
Aug 2011071183.404.15$2,950
Jul 2011083794.144.52$3,781
Jun 201102,30992.904.64$10,713
May 201102,62998.134.40$11,580
Apr 201102,662105.964.33$11,535
Mar 201103,15596.364.06$12,801
Feb 201102,63585.644.18$11,014
Jan 201103,66886.504.59$16,832
Dec 201003,86585.734.35$16,804
Nov 201003,57980.843.80$13,583
Oct 201003,93178.103.51$13,793
Sep 201003,58472.633.98$14,262
Aug 201003,32973.684.42$14,712
Jul 201003,52072.554.74$16,672
Jun 201003,16170.364.91$15,522
May 201003,83071.124.24$16,221
Apr 201003,03081.694.12$12,492
Mar 201004,10478.394.39$18,011
Feb 201004,09473.585.44$22,281
Jan 201004,47874.365.96$26,707
Dec 200903,90071.445.48$21,387
Nov 200904,55574.593.75$17,088
Oct 200904,59072.544.11$18,866
Sep 200903,37465.543.06$10,340
Aug 200904,17367.423.22$13,431
Jul 200934,51761.133.46$15,833
Jun 200904,35666.163.90$16,967
May 200904,42854.743.93$17,383
Apr 200904,40146.773.59$15,789
Mar 200904,67642.144.06$18,980
Feb 2009124,17332.814.63$19,727
Jan 200904,65335.865.37$24,991
Dec 200804,49737.105.98$26,879
Nov 200804,14655.496.86$28,443
Oct 2008733,36075.246.92$28,750
Sep 200803,007101.767.88$23,686
Aug 200805,019114.228.48$42,576
Jul 200805,655131.0811.39$64,407
Jun 200806,023131.3313.03$78,496
May 200806,596123.1711.57$76,344
Apr 200803,612110.3110.45$37,763
Mar 200804,016101.909.66$38,811
Feb 20081334,28392.538.77$49,871
Jan 200805,35690.388.21$43,950
Dec 200703,50188.337.30$25,564
Nov 200702,60791.677.29$19,009
Oct 200703,31182.856.92$22,919
Sep 200705,41475.846.24$33,806
Aug 200705,04669.066.39$32,234
Jul 200702,95070.906.39$18,844
Jun 200702,98262.007.55$22,509
May 200703,09658.747.85$24,292
Apr 200702,97859.617.81$23,244
Mar 200703,78656.927.30$27,645
Feb 2007843,33155.108.22$31,996
Jan 200703,48950.306.73$23,470
Dec 200603,99356.656.92$27,625
Nov 200605,37954.207.62$40,974
Oct 200606,06654.906.01$36,480
Sep 200605,91960.085.04$29,815
Aug 2006114,38868.717.34$32,963
Jul 200604,03569.376.34$25,593
Jun 200603,14966.286.38$20,103
May 200603,33566.016.42$21,427
Apr 200605,31964.397.36$39,150
Mar 200607,12656.707.08$50,473
Feb 200644,81257.597.75$37,529
Jan 200603,35560.598.93$29,971
Dec 200504,60654.9413.42$61,791
Nov 200506,17454.6910.59$65,373
Oct 200508,66858.3413.80$119,582
Sep 200593,14461.4512.08$38,529
Aug 200506,58361.519.80$64,493
Jul 2005373,83755.697.84$32,157
Jun 200502,59852.337.38$19,176
May 2005263,37845.226.65$23,643
Apr 200503,95549.207.36$29,111
Mar 200504,34650.377.15$31,095
Feb 2005514,90045.226.31$33,235
Jan 200503,82643.166.32$24,189
Dec 200403,41839.866.75$23,075
Nov 2004984,52045.286.33$33,051
Oct 200405,06049.706.52$32,966
Sep 2004646,12743.245.28$35,142
Aug 200405,45942.375.55$30,301
Jul 2004012,26838.286.08$74,641
Jun 2004345,29036.106.43$35,258
May 2004307,96437.486.49$52,847
Apr 200408,02434.475.86$47,008
Mar 20040034.365.53$0
Feb 20042032.455.51$65
Jan 200486,43132.036.30$40,769
Dec 2003127,15930.266.30$45,477
Nov 200376,66828.804.60$30,842
Oct 2003106,21828.174.76$29,877
Sep 200366,16126.314.75$29,419
Aug 200365,51229.765.13$28,454
Jul 200357,95229.415.17$41,266
Jun 2003118,07228.565.98$48,609
May 2003376,83726.595.97$41,819
Apr 2003619,18726.675.41$51,304
Mar 2003438,23431.146.10$51,534
Feb 2003103,68933.487.93$29,573
Jan 200309,07330.315.58$50,646
Dec 200203,68226.914.85$17,872
Nov 200205,17324.664.14$21,400
Oct 200206,42426.464.23$27,168
Sep 200206,59927.443.64$23,989
Aug 200207,81025.963.16$24,712
Jul 200207,48624.583.06$22,920
Jun 200226,96523.733.34$23,298
May 2002807,11224.663.58$27,462
Apr 2002708,13723.653.51$30,235
Mar 2002518,45822.003.10$27,365
Feb 2002186,72318.222.38$16,300
Jan 2002348,33117.172.38$20,376
Dec 2001516,91716.932.36$17,218
Nov 2001456,08818.072.41$15,458
Oct 2001396,41019.782.53$16,982
Sep 2001326,21524.262.25$14,768
Aug 200164,92024.873.05$15,171
Jul 200185,53023.933.20$17,871
Jun 200135,87924.563.82$22,556
May 200147,59325.524.31$32,808
Apr 200167,34224.685.34$39,320
Mar 2001187,31224.545.38$39,754
Feb 2001217,95527.755.77$46,460
Jan 2001525527.478.40$1,890
Dec 2000348,24826.889.12$76,156
Nov 20001449,96532.215.66$61,020
Oct 2000767031.235.15$2,734
Sep 20001148,95131.875.19$50,058
Aug 20001108,45229.644.54$41,639
Jul 2000569,67328.534.09$41,158
Jun 2000379,49529.304.40$42,836
May 20003910,37827.263.68$39,252
Apr 20006310,45524.513.12$34,122
Mar 20001289,99728.422.86$32,227
Feb 2000509,18627.622.73$26,427
Jan 20004710,77225.272.48$27,908
Dec 19994210,74324.282.42$27,058
Nov 19994910,10523.192.43$25,732
Oct 19995811,13420.982.80$32,433
Sep 19997812,62321.752.62$34,754
Aug 19995710,75219.262.88$32,016
Jul 19996812,56917.892.37$31,035
Jun 19996313,42715.942.36$32,720
May 19995412,38415.792.32$29,596
Apr 199911915,06915.102.21$35,070
Mar 19998414,06412.471.84$26,902
Feb 199913513,2999.981.82$25,522
Jan 199910915,68610.381.90$30,934
Dec 199810413,8489.201.77$25,514
Nov 199811616,26110.892.19$36,805
Oct 199810118,05112.421.97$36,801
Sep 1998116,88012.592.08$35,167
Aug 1998117,24211.301.91$32,898
Jul 19981114,36311.742.24$32,263
Jun 1998415,28211.242.24$34,235
May 1998717,40112.622.21$38,481
Apr 19981019,64713.042.51$49,353
Mar 19987121,82912.802.31$51,322
Feb 199811530,15013.952.30$70,923
Jan 19984416,75614.702.15$36,752
Dec 19975213,52116.322.41$33,449
Nov 199710913,15818.193.09$42,618
Oct 199712515,71219.253.15$51,896
Sep 19978514,12117.742.95$43,234
Aug 199711615,37517.862.55$41,351
Jul 199711217,69317.582.25$41,724
Jun 199713216,53317.242.26$39,594
May 19979618,30718.972.31$44,083
Apr 199713815,70917.882.08$35,186
Mar 199715019,88718.951.94$41,406
Feb 199710917,76120.492.21$41,412
Jan 199713019,09923.483.54$70,657
Dec 199612619,09923.32$2,938
Nov 199611418,63521.97$2,505
Oct 19969718,70123.31$2,261
Sep 199610419,50922.22$2,311
Aug 19967718,41520.26$1,560
Jul 19969421,06219.55$1,838
Jun 199611719,71418.73$2,191
May 199612821,05219.43$2,487
Apr 199614021,47621.51$3,011
Mar 199624123,83219.38$4,671
Feb 199621725,19916.98$3,685
Jan 199621825,22517.07$3,721
Dec 199522225,21617.19$3,816
Nov 199521626,98916.00$3,456
Oct 199521428,63815.43$3,302
Sep 199511624,76316.18$1,877
Aug 199510229,32115.92$1,624
Jul 199513233,15815.24$2,012
Jun 199525131,99216.41$4,119
May 199526432,47817.56$4,636
Apr 199536033,31017.73$6,383
Mar 199537035,55616.44$6,083
Feb 199537236,39816.58$6,168
Jan 199542742,81315.92$6,798
Dec 199411945,30115.03$1,789
Nov 199410642,75415.90$1,685
Oct 19945824,03915.58$904
Sep 1994212,54915.29$31
Aug 1994444,60316.13$65
Jul 1994647,02917.56$105
Jun 19941746,39817.09$291
May 19941950,29315.88$302
Apr 19942449,31114.14$339
Mar 19942154,81012.46$262
Feb 19941348,05212.50$163
Jan 19941759,21712.66$215
Dec 19933552,47112.33$432
Nov 199354153,99814.49$7,839
Oct 199339557,14915.85$6,261
Sep 199333543,21015.03$5,035
Aug 199325241,27115.66$3,946
Jul 199315042,97815.46$2,319
Jun 199335244,63516.79$5,910
May 199330740,66117.68$5,428
Apr 199335137,88918.05$6,336
Mar 199331137,36618.14$5,642
Feb 199350447,49117.90$9,022
Jan 199344447,98816.93$7,517

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                1,669 Mcf  × $  3.05 =     $5,084

────────────────────────────────────────────────────
Month total                                   $5,084

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/119301 is the state's own key, not one this site invented.