CARR

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 120425District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$1.3 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
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
CondensateDisposition7,343 bbl$135,375
GasProduction804,014 Mcf$1,184,638
Total$1,320,012

474,285 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 27.6894, -99.0652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68937, -99.06523 · 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
9,849 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 9,849 ft.

Completions filed
Feb 1986
1 of 1 wells

1 well

42-47934208229,849 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 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 20240078.812.20$0
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201935056.803.06$1,988
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018016246.594.19$678
Nov 2018026752.934.24$1,131
Oct 2018090061.443.40$3,058
Sep 2018015259.543.11$472
Aug 201805659.403.07$172
Jul 201805465.142.93$158
Jun 201804760.183.08$145
May 201805165.382.90$148
Apr 201804363.842.90$125
Mar 201804361.222.79$120
Feb 201805661.782.77$155
Jan 201803962.874.01$156
Dec 201704457.272.92$129
Nov 201705755.423.12$178
Oct 201704349.292.98$128
Sep 201706947.523.09$213
Aug 201704045.373.00$120
Jul 201703443.873.09$105
Jun 201706042.493.09$185
May 201705045.373.26$163
Apr 201706847.933.21$218
Mar 201705446.772.98$161
Feb 201706350.452.95$186
Jan 201704549.413.42$154
Dec 201603548.763.72$130
Nov 201603942.492.64$103
Oct 201607046.193.09$216
Sep 201605441.553.10$167
Aug 201606141.442.92$178
Jul 201606641.622.92$193
Jun 201605445.352.69$145
May 201607742.521.99$153
Apr 201605436.561.99$108
Mar 201606633.011.79$118
Feb 201606326.472.06$130
Jan 201656027.352.36$279
Dec 201505732.362.00$114
Nov 201506638.792.17$143
Oct 201509443.552.43$228
Sep 201506642.992.76$182
Aug 201507240.162.87$207
Jul 201507048.152.95$206
Jun 201506656.152.88$190
May 201506655.212.96$195
Apr 201507749.822.71$208
Mar 201506642.892.93$194
Feb 201505744.662.98$170
Jan 201506343.433.10$195
Dec 201406654.693.59$237
Nov 201406370.464.25$268
Oct 201406878.303.90$265
Sep 201408086.164.05$324
Aug 201407489.394.04$299
Jul 201406996.564.18$288
Jun 201406998.164.74$327
May 201406994.734.73$326
Apr 201406795.944.81$322
Mar 201406395.895.06$319
Feb 201406397.406.19$390
Jan 201407690.404.86$369
Dec 201307791.824.35$335
Nov 2013093788.853.74$3,503
Oct 2013057797.423.78$2,181
Sep 2013058104.113.72$216
Aug 2013096104.253.52$338
Jul 2013093102.523.72$346
Jun 201309094.403.93$354
May 201309394.834.15$386
Apr 201308793.964.28$373
Mar 201306193.623.91$239
Feb 201306291.233.42$212
Jan 201307691.603.42$260
Dec 201208186.773.42$277
Nov 201207686.953.62$276
Oct 201208789.383.40$296
Sep 201208294.672.92$239
Aug 201208492.662.91$244
Jul 201208085.133.02$242
Jun 201209379.822.52$234
May 201208791.612.49$216
Apr 2012084101.652.00$168
Mar 2012084105.052.22$187
Feb 2012076101.102.57$195
Jan 201208198.092.73$221
Dec 201109696.873.24$311
Nov 201108095.723.31$265
Oct 201108584.983.65$310
Sep 201108083.623.99$319
Aug 201108883.404.15$365
Jul 201108894.144.52$398
Jun 201108192.904.64$376
May 201107598.134.40$330
Apr 2011065105.964.33$282
Mar 201106996.364.06$280
Feb 201107285.644.18$301
Jan 201108186.504.59$372
Dec 201006885.734.35$296
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201005172.633.98$203
Aug 201004073.684.42$177
Jul 20100572.554.74$24
Jun 201002570.364.91$123
May 201002471.124.24$102
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201002873.585.44$152
Jan 20100074.365.96$0
Dec 200902371.445.48$126
Nov 200901974.593.75$71
Oct 20090072.544.11$0
Sep 200901565.543.06$46
Aug 200907667.423.22$245
Jul 2009012461.133.46$430
Jun 2009011166.163.90$432
May 200902554.743.93$98
Apr 200909546.773.59$341
Mar 200908842.144.06$357
Feb 200906832.814.63$315
Jan 2009013435.865.37$720
Dec 2008016637.105.98$992
Nov 200805055.496.86$343
Oct 200803775.246.92$256
Sep 2008040101.767.88$315
Aug 2008090114.228.48$763
Jul 20080120131.0811.39$1,367
Jun 20080117131.3313.03$1,525
May 20080114123.1711.57$1,319
Apr 2008086110.3110.45$899
Mar 2008080101.909.66$773
Feb 200807892.538.77$684
Jan 2008011490.388.21$935
Dec 2007021888.337.30$1,592
Nov 2007018891.677.29$1,371
Oct 2007016282.856.92$1,121
Sep 2007021675.846.24$1,349
Aug 2007022169.066.39$1,412
Jul 2007020370.906.39$1,297
Jun 2007019362.007.55$1,457
May 2007026158.747.85$2,048
Apr 2007029459.617.81$2,295
Mar 2007014756.927.30$1,073
Feb 2007020155.108.22$1,651
Jan 20072014650.306.73$1,988
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006061454.906.01$3,692
Sep 2006067560.085.04$3,400
Aug 2006027768.717.34$2,033
Jul 2006010769.376.34$679
Jun 200606966.286.38$440
May 200602066.016.42$129
Apr 2006015964.397.36$1,170
Mar 2006018056.707.08$1,275
Feb 2006014857.597.75$1,147
Jan 2006025160.598.93$2,242
Dec 2005020454.9413.42$2,737
Nov 2005034854.6910.59$3,685
Oct 2005055358.3413.80$7,629
Sep 2005019961.4512.08$2,404
Aug 20051331861.519.80$3,915
Jul 2005076955.697.84$6,032
Jun 2005080852.337.38$5,964
May 200501,14645.226.65$7,622
Apr 2005353,66049.207.36$28,661
Mar 2005012950.377.15$923
Feb 2005036345.226.31$2,291
Jan 2005059643.166.32$3,768
Dec 200403,75439.866.75$25,344
Nov 20040045.286.33$0
Oct 200442049.706.52$2,087
Sep 2004085543.245.28$4,518
Aug 2004073642.375.55$4,085
Jul 200401,02038.286.08$6,206
Jun 200403,70936.106.43$23,860
May 2004694,71337.486.49$33,195
Apr 2004067934.475.86$3,978
Mar 200402,71434.365.53$15,009
Feb 200402,11432.455.51$11,647
Jan 200402,48132.036.30$15,629
Dec 2003067630.266.30$4,260
Nov 2003552,05928.804.60$11,045
Oct 200301,62828.174.76$7,749
Sep 2003028026.314.75$1,330
Aug 2003033229.765.13$1,703
Jul 200303,26229.415.17$16,867
Jun 200303,28228.565.98$19,636
May 200302,90126.595.97$17,327
Apr 2003682,96926.675.41$17,868
Mar 200304,47831.146.10$27,298
Feb 2003873,66233.487.93$31,937
Jan 200304,48630.315.58$25,041
Dec 20021473,80026.914.85$22,400
Nov 200205,95724.664.14$24,644
Oct 200202,08126.464.23$8,801
Sep 200201,17927.443.64$4,286
Aug 200201,86725.963.16$5,907
Jul 2002064524.583.06$1,975
Jun 200201,65923.733.34$5,538
May 200203,01924.663.58$10,820
Apr 2002096323.653.51$3,382
Mar 20021211,65522.003.10$7,797
Feb 200202,56818.222.38$6,101
Jan 200202,64217.172.38$6,277
Dec 20010016.932.36$0
Nov 2001093318.072.41$2,244
Oct 200101,52819.782.53$3,864
Sep 200102,83924.262.25$6,392
Aug 200102,26824.873.05$6,925
Jul 200101,21823.933.20$3,894
Jun 200101,05224.563.82$4,023
May 2001851,86925.524.31$10,220
Apr 2001069324.685.34$3,697
Mar 200101,30824.545.38$7,032
Feb 200102,16827.755.77$12,503
Jan 200102,54927.478.40$21,408
Dec 2000731,45426.889.12$15,226
Nov 200001,21332.215.66$6,863
Oct 200061,02531.235.15$5,462
Sep 200001,55431.875.19$8,060
Aug 200004,04429.644.54$18,363
Jul 200001,71728.534.09$7,022
Jun 200003,65529.304.40$16,072
May 200003,68727.263.68$13,567
Apr 2000932,17624.513.12$9,060
Mar 200002,06628.422.86$5,908
Feb 200003,50427.622.73$9,554
Jan 200002,80125.272.48$6,948
Dec 19991163,18924.282.42$10,546
Nov 199903,35823.192.43$8,173
Oct 199905,21520.982.80$14,621
Sep 199903,92221.752.62$10,271
Aug 199902,40519.262.88$6,916
Jul 199902,23117.892.37$5,293
Jun 199903,34815.942.36$7,908
May 199903,65315.792.32$8,479
Apr 199903,99815.102.21$8,828
Mar 199903,61112.471.84$6,638
Feb 1999943,8059.981.82$7,855
Jan 199904,16310.381.90$7,909
Dec 199801,9889.201.77$3,525
Nov 199805,08110.892.19$11,106
Oct 199805,39712.421.97$10,628
Sep 19981506,48612.592.08$15,396
Aug 199807,61511.301.91$14,524
Jul 199806,17311.742.24$13,811
Jun 1998994,94411.242.24$12,174
May 199805,27212.622.21$11,632
Apr 199804,71013.042.51$11,800
Mar 19981345,47212.802.31$14,352
Feb 199805,17613.952.30$11,900
Jan 199805,36514.702.15$11,560
Dec 19971564,83416.322.41$14,201
Nov 199705,78818.193.09$17,875
Oct 19971305,75019.253.15$20,614
Sep 199704,65417.742.95$13,752
Aug 199705,88817.862.55$15,042
Jul 19971036,64517.582.25$16,742
Jun 199705,48317.242.26$12,376
May 199745,79618.972.31$13,456
Apr 1997756,41717.882.08$14,706
Mar 199726,21218.951.94$12,084
Feb 1997795,58120.492.21$13,930
Jan 19971626,69923.483.54$27,516
Dec 199638,30423.32$70
Nov 199616,33121.97$22
Oct 1996916,06023.31$2,121
Sep 199637,22522.22$67
Aug 19961708,60720.26$3,444
Jul 199648,84919.55$78
Jun 19961295,36318.73$2,416
May 199614,97019.43$19
Apr 199614,52921.51$22
Mar 199603,46519.38$0
Feb 19961444,43816.98$2,445
Jan 199613,90817.07$17
Dec 199512,75817.19$17
Nov 1995954,25416.00$1,520
Oct 199524,31615.43$31
Sep 199502,16616.18$0
Aug 199502,37115.92$0
Jul 19951603,41015.24$2,438
Jun 199505,87516.41$0
May 199525,53217.56$35
Apr 199504,61617.73$0
Mar 1995748,04716.44$1,217
Feb 19951796,65516.58$2,968
Jan 199527,97915.92$32
Dec 19941777,80915.03$2,660
Nov 199418010,75915.90$2,862
Oct 1994211,73215.58$31
Sep 199417112,22615.29$2,615
Aug 199415912,82716.13$2,565
Jul 199417011,37217.56$2,985
Jun 199417712,57017.09$3,025
May 1994211,40215.88$32
Apr 199430912,30414.14$4,369
Mar 1994312,76912.46$37
Feb 199418412,74112.50$2,300
Jan 1994713,74612.66$89
Dec 199318014,53012.33$2,219
Nov 199317814,32714.49$2,579
Oct 199318016,26315.85$2,853
Sep 199318014,98315.03$2,705
Aug 199317915,90115.66$2,803
Jul 199317717,77815.46$2,736
Jun 199335016,44516.79$5,877
May 199318216,59517.68$3,218
Apr 199317918,40318.05$3,231
Mar 199335620,43318.14$6,458
Feb 199334019,29017.90$6,086
Jan 1993017,05216.93$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.

Mar 2019 — as filed, then multipliedworked
Condensate            35 bbl  × $ 56.80 =     $1,988
Gas                    0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,988

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/120425 is the state's own key, not one this site invented.