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 120191District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$30.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$239 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
CondensateDisposition4,510 bbl$127,512
GasProduction10,014,209 Mcf$29,927,028
Total$30,054,541

3,277,172 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 27.1740, -99.3198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17395, -99.31984 · 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
10,429 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 10,429 ft.

Completions filed
Feb 1986
1 of 1 wells

1 well

42-50532147810,429 ftFeb 1986

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 202604,850106.413.05$14,772
Apr 202604,84698.932.87$13,907
Mar 202605,20189.753.15$16,380
Feb 202604,60163.503.75$17,255
Jan 202605,49759.138.00$43,965
Dec 202505,33856.664.41$23,559
Nov 202505,35258.593.93$21,014
Oct 202505,74659.383.30$18,990
Sep 202505,25062.743.08$16,154
Aug 202505,51863.933.01$16,635
Jul 202505,80166.743.32$19,231
Jun 202505,57666.483.13$17,446
May 202505,92260.553.23$19,142
Apr 202505,37562.363.54$19,044
Mar 202505,61967.704.27$23,984
Feb 202505,19470.884.34$22,546
Jan 202505,50274.324.28$23,541
Dec 202405,40268.993.12$16,862
Nov 202405,51069.052.20$12,113
Oct 202405,45471.372.28$12,443
Sep 202405,35669.612.36$12,664
Aug 202405,68175.632.06$11,723
Jul 202405,64079.932.15$12,107
Jun 202405,65278.082.63$14,887
May 202405,67778.812.20$12,481
Apr 202405,42684.451.66$9,003
Mar 202405,63980.301.55$8,713
Feb 202405,13276.091.78$9,154
Jan 202405,42873.023.30$17,900
Dec 202305,74471.262.61$14,996
Nov 202305,66877.892.81$15,913
Oct 202305,91685.443.09$18,264
Sep 202305,69489.042.74$15,573
Aug 202306,10080.522.67$16,305
Jul 202305,97974.852.64$15,795
Jun 202305,82968.962.26$13,165
May 202306,06370.622.23$13,505
Apr 202306,22178.122.24$13,921
Mar 202307,02972.852.39$16,822
Feb 202305,89975.112.47$14,545
Jan 202306,51376.533.39$22,064
Dec 202206,73976.415.73$38,608
Nov 202206,57085.005.65$37,096
Oct 202206,29887.185.86$36,930
Sep 202206,89584.888.16$56,289
Aug 202207,01094.529.13$63,981
Jul 202206,422101.587.54$48,435
Jun 202206,424115.097.98$51,246
May 202207,013109.378.43$59,141
Apr 202206,857104.226.84$46,885
Mar 202206,812108.885.08$34,580
Feb 202206,34091.054.86$30,805
Jan 202207,05881.844.54$32,027
Dec 202107,31071.323.90$28,503
Nov 202106,72177.435.24$35,197
Oct 202107,08579.795.71$40,483
Sep 202107,17469.865.35$38,388
Aug 202107,15666.024.22$30,203
Jul 202107,43370.783.98$29,599
Jun 202107,25569.493.38$24,526
May 202106,79063.483.02$20,490
Apr 202107,19360.362.76$19,841
Mar 2021477,24361.302.72$22,560
Feb 202105,98657.805.55$33,210
Jan 202107,47050.412.81$20,993
Dec 202007,63244.642.68$20,419
Nov 202007,25638.772.71$19,639
Oct 202007,33036.972.48$18,167
Sep 202007,35037.091.99$14,634
Aug 202007,62939.982.39$18,196
Jul 202007,72538.371.83$14,099
Jun 202007,75034.901.69$13,100
May 202008,30316.921.81$15,068
Apr 202008,43114.751.80$15,213
Mar 202008,59930.341.86$15,962
Feb 202008,26649.881.98$16,372
Jan 202009,31157.252.09$19,504
Dec 201906,77859.012.30$15,619
Nov 201907,56855.302.75$20,817
Oct 201905,48953.472.42$13,275
Sep 2019010,42755.052.66$27,707
Aug 2019011,03953.112.30$25,438
Jul 2019011,93456.272.46$29,358
Jun 2019011,84052.782.49$29,496
May 2019011,30458.482.74$30,977
Apr 201901,37962.632.75$3,793
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018032860.183.08$1,009
May 2018010,54465.382.90$30,586
Apr 2018010,82763.842.90$31,407
Mar 2018011,23461.222.79$31,307
Feb 2018010,28161.782.77$28,438
Jan 2018011,30662.874.01$45,329
Dec 2017011,52957.272.92$33,682
Nov 2017011,59255.423.12$36,148
Oct 2017011,71349.292.98$34,948
Sep 2017011,17947.523.09$34,513
Aug 2017011,47545.373.00$34,475
Jul 2017011,64943.873.09$35,964
Jun 2017010,86942.493.09$33,556
May 2017011,93245.373.26$38,939
Apr 2017011,07647.933.21$35,572
Mar 2017011,91846.772.98$35,560
Feb 2017011,07850.452.95$32,709
Jan 2017012,00949.413.42$41,056
Dec 2016011,13848.763.72$41,465
Nov 2016012,14042.492.64$32,102
Oct 2016012,70546.193.09$39,262
Sep 2016012,37841.553.10$38,380
Aug 2016013,01641.442.92$38,063
Jul 201607,71741.622.92$22,567
Jun 2016013,62445.352.69$36,592
May 2016014,06142.521.99$27,996
Apr 20164913,21236.561.99$28,097
Mar 2016013,58833.011.79$24,377
Feb 2016013,19126.472.06$27,221
Jan 20168014,23427.352.36$35,842
Dec 2015013,70532.362.00$27,429
Nov 2015013,44538.792.17$29,140
Oct 2015014,03443.552.43$34,055
Sep 2015013,61842.992.76$37,564
Aug 2015014,13440.162.87$40,600
Jul 2015014,32448.152.95$42,185
Jun 2015013,42456.152.88$38,700
May 2015014,31155.212.96$42,295
Apr 2015013,93149.822.71$37,705
Mar 2015014,48942.892.93$42,521
Feb 2015013,21144.662.98$39,318
Jan 2015014,49643.433.10$44,947
Dec 2014014,85554.693.59$53,350
Nov 2014014,49770.464.25$61,639
Oct 2014015,12178.303.90$58,986
Sep 2014014,61986.164.05$59,140
Aug 2014015,27089.394.04$61,616
Jul 2014015,34096.564.18$64,115
Jun 2014015,00898.164.74$71,091
May 2014015,72794.734.73$74,335
Apr 2014015,17095.944.81$72,954
Mar 2014015,91095.895.06$80,454
Feb 2014013,90397.406.19$86,087
Jan 2014012,58490.404.86$61,167
Dec 2013015,58891.824.35$67,878
Nov 201310215,18588.853.74$65,828
Oct 2013014,30397.423.78$54,056
Sep 2013015,131104.113.72$56,253
Aug 2013015,605104.253.52$54,970
Jul 2013015,860102.523.72$58,963
Jun 2013015,55894.403.93$61,196
May 2013015,76394.834.15$65,402
Apr 2013015,06193.964.28$64,500
Mar 2013015,86993.623.91$62,093
Feb 2013014,67391.233.42$50,180
Jan 2013016,87791.603.42$57,718
Dec 2012016,99686.773.42$58,129
Nov 2012015,95586.953.62$57,836
Oct 2012016,88889.383.40$57,414
Sep 2012016,66094.672.92$48,621
Aug 2012017,37792.662.91$50,535
Jul 2012017,51985.133.02$52,921
Jun 2012015,63179.822.52$39,375
May 2012016,94491.612.49$42,162
Apr 2012017,233101.652.00$34,411
Mar 2012017,898105.052.22$39,771
Feb 2012016,309101.102.57$41,918
Jan 2012017,43598.092.73$47,669
Dec 2011018,53196.873.24$60,036
Nov 201112617,86895.723.31$71,227
Oct 2011018,69484.983.65$68,206
Sep 2011018,27083.623.99$72,821
Aug 2011018,85683.404.15$78,240
Jul 2011019,03194.144.52$85,968
Jun 2011018,62392.904.64$86,408
May 2011019,36198.134.40$85,282
Apr 2011018,898105.964.33$81,890
Mar 2011019,79796.364.06$80,323
Feb 2011017,17285.644.18$71,779
Jan 2011019,07686.504.59$87,536
Dec 2010019,62385.734.35$85,316
Nov 2010018,94280.843.80$71,891
Oct 2010019,68578.103.51$69,073
Sep 2010019,39172.633.98$77,166
Aug 201011320,35573.684.42$98,282
Jul 2010019,58072.554.74$92,740
Jun 2010018,95870.364.91$93,091
May 2010020,30571.124.24$85,996
Apr 2010019,83081.694.12$81,753
Mar 2010020,86278.394.39$91,556
Feb 2010018,65173.585.44$101,505
Jan 2010020,65374.365.96$123,176
Dec 2009020,32471.445.48$111,452
Nov 2009019,84974.593.75$74,464
Oct 2009020,78272.544.11$85,419
Sep 2009020,45865.543.06$62,699
Aug 2009021,10567.423.22$67,926
Jul 2009020,47561.133.46$70,936
Jun 2009020,10666.163.90$78,313
May 2009021,11854.743.93$82,904
Apr 2009020,66146.773.59$74,121
Mar 2009021,48342.144.06$87,200
Feb 2009019,64632.814.63$91,020
Jan 2009021,93735.865.37$117,824
Dec 2008022,12537.105.98$132,244
Nov 2008021,35655.496.86$146,510
Oct 2008022,29575.246.92$154,326
Sep 2008021,854101.767.88$172,146
Aug 2008023,275114.228.48$197,442
Jul 2008023,590131.0811.39$268,677
Jun 2008023,574131.3313.03$307,231
May 2008024,255123.1711.57$280,734
Apr 2008024,412110.3110.45$255,224
Mar 2008020,580101.909.66$198,887
Feb 200803,67892.538.77$32,258
Jan 2008022,10990.388.21$181,420
Dec 2007021,96488.337.30$160,380
Nov 2007021,38791.677.29$155,948
Oct 200710522,33582.856.92$163,302
Sep 2007022,05875.846.24$137,734
Aug 2007023,06869.066.39$147,357
Jul 2007022,75370.906.39$145,345
Jun 2007022,32562.007.55$168,519
May 2007022,56258.747.85$177,028
Apr 2007022,70959.617.81$177,248
Mar 2007023,85856.927.30$174,210
Feb 2007021,58055.108.22$177,301
Jan 2007019,86450.306.73$133,622
Dec 2006024,05056.656.92$166,388
Nov 2006023,68154.207.62$180,390
Oct 2006024,40754.906.01$146,779
Sep 2006023,84660.085.04$120,117
Aug 2006025,07468.717.34$184,041
Jul 2006025,32269.376.34$160,611
Jun 2006024,54766.286.38$156,705
May 2006023,93766.016.42$153,795
Apr 2006024,97264.397.36$183,806
Mar 200613625,88956.707.08$191,081
Feb 2006023,16357.597.75$179,539
Jan 2006026,38360.598.93$235,688
Dec 2005027,01554.9413.42$362,417
Nov 2005023,63954.6910.59$250,299
Oct 2005026,34358.3413.80$363,422
Sep 2005025,81461.4512.08$311,807
Aug 2005027,43761.519.80$268,796
Jul 2005027,91155.697.84$218,924
Jun 2005026,57452.337.38$196,144
May 2005028,23345.226.65$187,782
Apr 200513627,99749.207.36$212,763
Mar 2005027,26950.377.15$195,106
Feb 2005025,15045.226.31$158,745
Jan 2005028,09543.166.32$177,622
Dec 2004028,57139.866.75$192,885
Nov 2004028,66645.286.33$181,468
Oct 2004030,37649.706.52$197,903
Sep 2004014,77943.245.28$78,091
Aug 2004029,43942.375.55$163,406
Jul 2004029,16138.286.08$177,421
Jun 2004026,92636.106.43$173,216
May 2004029,47337.486.49$191,415
Apr 2004028,52934.475.86$167,136
Mar 2004029,92234.365.53$165,473
Feb 2004028,59932.455.51$157,570
Jan 2004030,31432.036.30$190,967
Dec 2003030,92330.266.30$194,866
Nov 200317930,34828.804.60$144,609
Oct 2003031,59428.174.76$150,376
Sep 2003028,94026.314.75$137,446
Aug 2003026,11929.765.13$133,983
Jul 2003031,13829.415.17$161,010
Jun 2003029,96628.565.98$179,285
May 2003030,93026.595.97$184,735
Apr 2003030,16326.675.41$163,100
Mar 2003031,24831.146.10$190,489
Feb 2003027,73233.487.93$219,801
Jan 200315031,30430.315.58$179,287
Dec 2002032,13826.914.85$155,990
Nov 2002031,00924.664.14$128,283
Oct 2002032,20026.464.23$136,178
Sep 2002031,66527.443.64$115,109
Aug 2002032,46025.963.16$102,709
Jul 2002033,32124.583.06$102,021
Jun 2002032,21223.733.34$107,531
May 2002033,32724.663.58$119,444
Apr 2002032,71423.653.51$114,902
Mar 200213034,25722.003.10$109,150
Feb 2002031,63718.222.38$75,159
Jan 2002034,95417.172.38$83,040
Dec 2001034,46016.932.36$81,477
Nov 2001034,60618.072.41$83,245
Oct 2001035,69719.782.53$90,273
Sep 2001034,75424.262.25$78,242
Aug 2001036,43324.873.05$111,236
Jul 2001036,07223.933.20$115,325
Jun 200117335,05124.563.82$138,290
May 2001032,57725.524.31$140,320
Apr 2001032,22124.685.34$171,909
Mar 2001037,23524.545.38$200,192
Feb 2001034,51927.755.77$199,074
Jan 2001038,96827.478.40$327,283
Dec 2000039,45526.889.12$359,928
Nov 2000037,94632.215.66$214,698
Oct 200018138,30831.235.15$202,766
Sep 2000037,20931.875.19$192,984
Aug 2000039,23629.644.54$178,161
Jul 2000039,71128.534.09$162,408
Jun 2000038,56229.304.40$169,567
May 2000040,41127.263.68$148,702
Apr 2000039,57224.513.12$123,306
Mar 2000042,26728.422.86$120,873
Feb 2000040,49827.622.73$110,418
Jan 2000044,02325.272.48$109,199
Dec 1999044,03224.282.42$106,721
Nov 1999541,63723.192.43$101,460
Oct 1999042,44020.982.80$118,989
Sep 1999041,16021.752.62$107,792
Aug 1999016,34919.262.88$47,013
Jul 19990017.892.37$0
Jun 19994015.942.36$64
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999011612.471.84$213
Feb 199902969.981.82$538
Jan 1999028110.381.90$534
Dec 1998019,1449.201.77$33,948
Nov 1998034,90810.892.19$76,299
Oct 199816946,96512.421.97$94,583
Sep 1998045,79412.592.08$95,372
Aug 1998046,30511.301.91$88,320
Jul 1998045,76911.742.24$102,398
Jun 1998046,23211.242.24$103,433
May 1998048,75112.622.21$107,561
Apr 1998045,74913.042.51$114,616
Mar 199817245,65412.802.31$107,637
Feb 1998039,97113.952.30$91,899
Jan 1998044,94214.702.15$96,841
Dec 1997045,97116.322.41$110,841
Nov 1997046,56318.193.09$143,799
Oct 1997048,36619.253.15$152,344
Sep 199714846,92717.742.95$141,289
Aug 1997043,98917.862.55$112,380
Jul 1997047,86217.582.25$107,543
Jun 1997046,22517.242.26$104,339
May 1997248,96018.972.31$113,062
Apr 19976246,93117.882.08$98,856
Mar 199711948,23218.951.94$95,784
Feb 1997243,94420.492.21$96,977
Jan 1997049,03623.483.54$173,573
Dec 1996149,98823.32$23
Nov 199614848,84721.97$3,252
Oct 1996150,30923.31$23
Sep 1996149,24522.22$22
Aug 1996051,62420.26$0
Jul 1996052,64119.55$0
Jun 199615950,67618.73$2,978
May 1996253,30919.43$39
Apr 1996051,77121.51$0
Mar 1996052,30219.38$0
Feb 199614948,14116.98$2,530
Jan 1996053,35417.07$0
Dec 1995054,24517.19$0
Nov 1995253,52216.00$32
Oct 199517557,52015.43$2,700
Sep 1995055,58816.18$0
Aug 1995057,83715.92$0
Jul 1995158,04015.24$15
Jun 1995257,44016.41$33
May 1995048,96517.56$0
Apr 1995346,93617.73$53
Mar 199518035,41016.44$2,959
Feb 1995065,79416.58$0
Jan 1995071,54915.92$0
Dec 1994075,54015.03$0
Nov 1994170,41115.90$16
Oct 199416774,85515.58$2,602
Sep 1994073,52515.29$0
Aug 1994080,08816.13$0
Jul 199412080,89517.56$2,107
Jun 1994075,94617.09$0
May 1994179,77115.88$16
Apr 199416378,50714.14$2,305
Mar 1994180,54112.46$12
Feb 1994173,44912.50$13
Jan 199417677,52812.66$2,228
Dec 1993383,28312.33$37
Nov 1993080,64214.49$0
Oct 1993085,48715.85$0
Sep 199316782,53815.03$2,510
Aug 1993086,26815.66$0
Jul 1993090,04715.46$0
Jun 199315890,87916.79$2,653
May 1993495,40017.68$71
Apr 1993195,51718.05$18
Mar 199316898,52518.14$3,048
Feb 1993188,89017.90$18
Jan 1993164103,58716.93$2,777

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                4,850 Mcf  × $  3.05 =    $14,772

────────────────────────────────────────────────────
Month total                                  $14,772

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/120191 is the state's own key, not one this site invented.