FROST NATIONAL BANK

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

Gas lease lease 120325District 04Field 04789237NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$15 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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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
CondensateDisposition62 bbl$2,656
GasProduction375,871 Mcf$1,225,274
Total$1,227,930

92,398 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 27.4808, -99.1237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.48080, -99.12367 · 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
10,435 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 10,435 ft.

Completions filed
Mar 1986
1 of 1 wells

1 well

42-479342522310,435 ftMar 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 20260320106.413.05$975
Apr 2026033298.932.87$953
Mar 20262135389.753.15$2,997
Feb 2026023463.503.75$878
Jan 2026027859.138.00$2,223
Dec 2025028556.664.41$1,258
Nov 2025029158.593.93$1,143
Oct 2025030359.383.30$1,001
Sep 2025026262.743.08$806
Aug 2025031563.933.01$950
Jul 2025032766.743.32$1,084
Jun 2025028466.483.13$889
May 2025049260.553.23$1,590
Apr 2025045962.363.54$1,626
Mar 2025044967.704.27$1,916
Feb 2025039470.884.34$1,710
Jan 2025052874.324.28$2,259
Dec 2024045968.993.12$1,433
Nov 2024042269.052.20$928
Oct 2024052571.372.28$1,198
Sep 2024041869.612.36$988
Aug 2024041875.632.06$863
Jul 2024025479.932.15$545
Jun 2024049178.082.63$1,293
May 2024046478.812.20$1,020
Apr 2024040384.451.66$669
Mar 2024042380.301.55$654
Feb 2024051276.091.78$913
Jan 2024037873.023.30$1,247
Dec 2023039671.262.61$1,034
Nov 2023054177.892.81$1,519
Oct 2023047885.443.09$1,476
Sep 2023052489.042.74$1,433
Aug 2023048680.522.67$1,299
Jul 2023046574.852.64$1,228
Jun 2023047968.962.26$1,082
May 2023053170.622.23$1,183
Apr 2023038678.122.24$864
Mar 2023050672.852.39$1,211
Feb 2023047075.112.47$1,159
Jan 2023045776.533.39$1,548
Dec 2022044376.415.73$2,538
Nov 2022051885.005.65$2,925
Oct 2022054087.185.86$3,166
Sep 2022050084.888.16$4,082
Aug 2022054394.529.13$4,956
Jul 20220492101.587.54$3,711
Jun 20220476115.097.98$3,797
May 20220559109.378.43$4,714
Apr 20220530104.226.84$3,624
Mar 20220494108.885.08$2,508
Feb 2022055791.054.86$2,706
Jan 2022057581.844.54$2,609
Dec 2021059071.323.90$2,300
Nov 2021052777.435.24$2,760
Oct 2021057979.795.71$3,308
Sep 2021056469.865.35$3,018
Aug 2021059266.024.22$2,499
Jul 2021060270.783.98$2,397
Jun 2021052269.493.38$1,765
May 2021061063.483.02$1,841
Apr 2021061560.362.76$1,696
Mar 2021060561.302.72$1,644
Feb 2021055057.805.55$3,051
Jan 2021059250.412.81$1,664
Dec 2020060144.642.68$1,608
Nov 2020056738.772.71$1,535
Oct 2020052836.972.48$1,309
Sep 2020052537.091.99$1,045
Aug 2020059939.982.39$1,429
Jul 2020047938.371.83$874
Jun 2020050934.901.69$860
May 2020048116.921.81$873
Apr 2020051914.751.80$936
Mar 2020045830.341.86$850
Feb 2020053049.881.98$1,050
Jan 2020041657.252.09$871
Dec 2019041359.012.30$952
Nov 2019046855.302.75$1,287
Oct 2019051353.472.42$1,241
Sep 2019057755.052.66$1,533
Aug 2019052353.112.30$1,205
Jul 2019057756.272.46$1,419
Jun 2019051052.782.49$1,271
May 2019051058.482.74$1,398
Apr 2019060562.632.75$1,664
Mar 2019057656.803.06$1,764
Feb 2019062150.852.79$1,734
Jan 2019074946.033.23$2,418
Dec 2018074446.594.19$3,114
Nov 2018058452.934.24$2,475
Oct 2018092761.443.40$3,150
Sep 2018052159.543.11$1,619
Aug 2018043959.403.07$1,346
Jul 2018051265.142.93$1,501
Jun 2018055460.183.08$1,705
May 2018055165.382.90$1,598
Apr 2018060463.842.90$1,752
Mar 2018053061.222.79$1,477
Feb 2018062561.782.77$1,729
Jan 2018050762.874.01$2,033
Dec 2017044757.272.92$1,306
Nov 2017056155.423.12$1,749
Oct 2017049949.292.98$1,489
Sep 2017048747.523.09$1,504
Aug 2017043645.373.00$1,310
Jul 2017065043.873.09$2,007
Jun 2017047842.493.09$1,476
May 2017068845.373.26$2,245
Apr 2017060147.933.21$1,930
Mar 2017050846.772.98$1,516
Feb 2017044450.452.95$1,311
Jan 2017066349.413.42$2,267
Dec 2016079248.763.72$2,948
Nov 2016067742.492.64$1,790
Oct 2016082446.193.09$2,546
Sep 2016054841.553.10$1,699
Aug 2016062341.442.92$1,822
Jul 2016091841.622.92$2,685
Jun 2016083645.352.69$2,245
May 2016049042.521.99$976
Apr 2016077936.561.99$1,551
Mar 2016074433.011.79$1,335
Feb 2016072926.472.06$1,504
Jan 2016074127.352.36$1,752
Dec 2015066532.362.00$1,331
Nov 2015036238.792.17$785
Oct 2015028943.552.43$701
Sep 2015044942.992.76$1,239
Aug 2015036240.162.87$1,040
Jul 2015033848.152.95$995
Jun 2015030656.152.88$882
May 2015044855.212.96$1,324
Apr 2015039949.822.71$1,080
Mar 2015049942.892.93$1,464
Feb 2015032744.662.98$973
Jan 2015043243.433.10$1,339
Dec 2014048454.693.59$1,738
Nov 2014037470.464.25$1,590
Oct 2014046078.303.90$1,794
Sep 2014049186.164.05$1,986
Aug 2014066589.394.04$2,683
Jul 2014073596.564.18$3,072
Jun 2014071098.164.74$3,363
May 2014087594.734.73$4,136
Apr 2014047295.944.81$2,270
Mar 2014054695.895.06$2,761
Feb 2014050097.406.19$3,096
Jan 2014053190.404.86$2,581
Dec 2013042291.824.35$1,838
Nov 2013096688.853.74$3,611
Oct 2013043697.423.78$1,648
Sep 20130338104.113.72$1,257
Aug 20130329104.253.52$1,159
Jul 20130409102.523.72$1,521
Jun 2013047494.403.93$1,864
May 2013053694.834.15$2,224
Apr 2013067193.964.28$2,874
Mar 2013068093.623.91$2,661
Feb 2013042991.233.42$1,467
Jan 2013051691.603.42$1,765
Dec 2012052586.773.42$1,796
Nov 2012049686.953.62$1,798
Oct 2012049889.383.40$1,693
Sep 2012048394.672.92$1,410
Aug 2012043792.662.91$1,271
Jul 2012050385.133.02$1,519
Jun 2012047879.822.52$1,204
May 2012049691.612.49$1,234
Apr 20120649101.652.00$1,296
Mar 20120414105.052.22$920
Feb 20120545101.102.57$1,401
Jan 2012063698.092.73$1,739
Dec 2011075896.873.24$2,456
Nov 2011066195.723.31$2,189
Oct 2011063084.983.65$2,299
Sep 2011058683.623.99$2,336
Aug 2011068583.404.15$2,842
Jul 201101,14494.144.52$5,168
Jun 201101,19392.904.64$5,535
May 201101,56298.134.40$6,880
Apr 201102,433105.964.33$10,543
Mar 20110096.364.06$0
Feb 2011071285.644.18$2,976
Jan 201101,04686.504.59$4,800
Dec 201002685.734.35$113
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010032173.684.42$1,419
Jul 2010091072.554.74$4,310
Jun 201001,07570.364.91$5,279
May 2010085971.124.24$3,638
Apr 201001,03081.694.12$4,246
Mar 201001,35078.394.39$5,925
Feb 2010066573.585.44$3,619
Jan 201001,24374.365.96$7,413
Dec 2009083671.445.48$4,584
Nov 200901,35974.593.75$5,098
Oct 200901,44172.544.11$5,923
Sep 2009096565.543.06$2,957
Aug 200901,09267.423.22$3,515
Jul 200901,14861.133.46$3,977
Jun 2009091266.163.90$3,552
May 200901,07854.743.93$4,232
Apr 200901,04846.773.59$3,760
Mar 200901,22742.144.06$4,980
Feb 2009093432.814.63$4,327
Jan 200901,19335.865.37$6,408
Dec 200801,13937.105.98$6,808
Nov 2008086955.496.86$5,962
Oct 200801,20075.246.92$8,306
Sep 200801,547101.767.88$12,186
Aug 20080568114.228.48$4,818
Jul 200801,095131.0811.39$12,471
Jun 20080776131.3313.03$10,113
May 20080693123.1711.57$8,021
Apr 20080525110.3110.45$5,489
Mar 20080949101.909.66$9,171
Feb 2008037492.538.77$3,280
Jan 2008053490.388.21$4,382
Dec 2007086588.337.30$6,316
Nov 2007082991.677.29$6,045
Oct 2007029682.856.92$2,049
Sep 2007079075.846.24$4,933
Aug 200701,16369.066.39$7,429
Jul 2007040070.906.39$2,555
Jun 2007050362.007.55$3,797
May 2007070558.747.85$5,532
Apr 200701,18159.617.81$9,218
Mar 200701,03656.927.30$7,565
Feb 2007094555.108.22$7,764
Jan 2007092250.306.73$6,202
Dec 200601,10356.656.92$7,631
Nov 2006026454.207.62$2,011
Oct 200601,18654.906.01$7,132
Sep 2006059060.085.04$2,972
Aug 2006068468.717.34$5,021
Jul 2006092569.376.34$5,867
Jun 200601,16666.286.38$7,444
May 2006090566.016.42$5,815
Apr 2006084264.397.36$6,198
Mar 2006098456.707.08$6,970
Feb 200601,05257.597.75$8,154
Jan 200601,03160.598.93$9,210
Dec 200501,16854.9413.42$15,669
Nov 2005098854.6910.59$10,461
Oct 200501,20258.3413.80$16,583
Sep 2005069261.4512.08$8,359
Aug 200501,11961.519.80$10,963
Jul 200501,14055.697.84$8,942
Jun 200501,12752.337.38$8,318
May 200501,12345.226.65$7,469
Apr 200501,08449.207.36$7,979
Mar 200501,15550.377.15$8,264
Feb 2005093645.226.31$5,908
Jan 2005086143.166.32$5,443
Dec 2004068839.866.75$4,645
Nov 2004028945.286.33$1,829
Oct 2004095549.706.52$6,222
Sep 2004097743.245.28$5,162
Aug 200401,16842.375.55$6,483
Jul 200401,32438.286.08$8,055
Jun 200401,18036.106.43$7,591
May 200401,17537.486.49$7,631
Apr 200401,17934.475.86$6,907
Mar 200401,26134.365.53$6,974
Feb 200401,05032.455.51$5,785
Jan 200401,24232.036.30$7,824
Dec 200301,15230.266.30$7,259
Nov 200301,26728.804.60$5,822
Oct 200301,40828.174.76$6,702
Sep 200301,43026.314.75$6,792
Aug 200301,25429.765.13$6,433
Jul 2003024829.415.17$1,282
Jun 200301,07228.565.98$6,414
May 200301,75926.595.97$10,506
Apr 2003093426.675.41$5,050
Mar 2003057031.146.10$3,475
Feb 2003084133.487.93$6,666
Jan 2003090430.315.58$5,046
Dec 2002088426.914.85$4,291
Nov 200201,05624.664.14$4,369
Oct 2002096226.464.23$4,068
Sep 200201,17827.443.64$4,282
Aug 2002086225.963.16$2,728
Jul 2002093024.583.06$2,847
Jun 2002065423.733.34$2,183
May 2002071524.663.58$2,563
Apr 200201,19223.653.51$4,187
Mar 200201,39822.003.10$4,338
Feb 2002048418.222.38$1,150
Jan 200201,34517.172.38$3,195
Dec 200101,42716.932.36$3,374
Nov 2001055118.072.41$1,325
Oct 200101,02119.782.53$2,582
Sep 200101,29524.262.25$2,915
Aug 200101,56124.873.05$4,766
Jul 200101,61623.933.20$5,166
Jun 200101,00324.563.82$3,836
May 200101,25225.524.31$5,393
Apr 200101,26724.685.34$6,760
Mar 200101,26524.545.38$6,801
Feb 200101,28927.755.77$7,434
Jan 200101,40027.478.40$11,758
Dec 200001,45926.889.12$13,310
Nov 200001,37032.215.66$7,751
Oct 200001,33031.235.15$6,844
Sep 2000089131.875.19$4,621
Aug 200001,11629.644.54$5,067
Jul 2000087128.534.09$3,562
Jun 200001,22929.304.40$5,404
May 2000096827.263.68$3,562
Apr 200001,08824.513.12$3,390
Mar 200001,31628.422.86$3,763
Feb 200001,42527.622.73$3,885
Jan 200001,26825.272.48$3,145
Dec 199901,35124.282.42$3,274
Nov 199901,66423.192.43$4,050
Oct 1999090220.982.80$2,529
Sep 1999091121.752.62$2,386
Aug 199901,13819.262.88$3,272
Jul 199901,01817.892.37$2,415
Jun 199901,45415.942.36$3,434
May 199901,66115.792.32$3,855
Apr 199901,40115.102.21$3,093
Mar 199901,76012.471.84$3,235
Feb 199901,1809.981.82$2,145
Jan 199901,28910.381.90$2,449
Dec 199801,1909.201.77$2,110
Nov 1998097410.892.19$2,129
Oct 199801,45612.421.97$2,867
Sep 199801,50912.592.08$3,143
Aug 199801,61411.301.91$3,078
Jul 199801,63211.742.24$3,651
Jun 199801,80711.242.24$4,043
May 199801,67312.622.21$3,691
Apr 199801,73613.042.51$4,349
Mar 199801,74112.802.31$4,021
Feb 199801,43013.952.30$3,288
Jan 199801,45714.702.15$3,140
Dec 199701,48716.322.41$3,585
Nov 199701,63118.193.09$5,037
Oct 199701,66519.253.15$5,244
Sep 199701,53817.742.95$4,545
Aug 199701,66317.862.55$4,249
Jul 199701,35417.582.25$3,042
Jun 199701,44117.242.26$3,253
May 199701,67918.972.31$3,876
Apr 1997141,46517.882.08$3,302
Mar 199761,46318.951.94$2,951
Feb 199711,53720.492.21$3,411
Jan 199701,81723.483.54$6,432
Dec 199671,95923.32$163
Nov 199601,79821.97$0
Oct 199601,91023.31$0
Sep 199601,86222.22$0
Aug 199601,72420.26$0
Jul 199601,74819.55$0
Jun 199611,72218.73$19
May 199601,58019.43$0
Apr 199611,68821.51$22
Mar 199601,72119.38$0
Feb 199631,48716.98$51
Jan 199602,00317.07$0
Dec 199511,79417.19$17
Nov 199501,85516.00$0
Oct 199502,00615.43$0
Sep 199511,89816.18$16
Aug 199502,21915.92$0
Jul 199501,37015.24$0
Jun 199511,60316.41$16
May 199501,83317.56$0
Apr 199511,68017.73$18
Mar 199501,88316.44$0
Feb 199501,49916.58$0
Jan 199511,85215.92$16
Dec 199401,77615.03$0
Nov 199411,67515.90$16
Oct 199401,41115.58$0
Sep 199401,77315.29$0
Aug 199412,01916.13$16
Jul 199401,85117.56$0
Jun 199411,64817.09$17
May 199402,23515.88$0
Apr 199402,10914.14$0
Mar 199402,42412.46$0
Feb 199402,05412.50$0
Jan 199402,18312.66$0
Dec 199302,43612.33$0
Nov 199302,48514.49$0
Oct 199302,20415.85$0
Sep 199302,00415.03$0
Aug 199302,14715.66$0
Jul 199301,61015.46$0
Jun 199301,80616.79$0
May 199302,21317.68$0
Apr 199302,57318.05$0
Mar 199302,44418.14$0
Feb 199302,05617.90$0
Jan 199302,56816.93$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                  320 Mcf  × $  3.05 =       $975

────────────────────────────────────────────────────
Month total                                     $975

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/120325 is the state's own key, not one this site invented.