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 120798District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$3.6 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 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
CondensateDisposition25 bbl$422
GasProduction1,442,534 Mcf$3,557,915
Total$3,558,337

598,655 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 27.1819, -99.3218. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18188, -99.32177 · 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
10,300 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 10,300 ft.

Completions filed
Apr 1986
1 of 1 wells

1 well

42-50532128610,300 ftApr 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 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 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016013341.622.92$389
Jun 2016072645.352.69$1,950
May 201601,56542.521.99$3,116
Apr 2016047336.561.99$942
Mar 2016067933.011.79$1,218
Feb 2016053226.472.06$1,098
Jan 2016036427.352.36$861
Dec 2015047732.362.00$955
Nov 2015095538.792.17$2,070
Oct 2015069743.552.43$1,691
Sep 2015078042.992.76$2,152
Aug 2015083040.162.87$2,384
Jul 201501,18348.152.95$3,484
Jun 201501,24056.152.88$3,575
May 201501,44355.212.96$4,265
Apr 201501,27249.822.71$3,443
Mar 201501,61942.892.93$4,751
Feb 201501,21744.662.98$3,622
Jan 201501,50343.433.10$4,660
Dec 201401,70754.693.59$6,130
Nov 201401,49170.464.25$6,339
Oct 201401,90178.303.90$7,416
Sep 201401,44986.164.05$5,862
Aug 201401,36689.394.04$5,512
Jul 201401,39796.564.18$5,839
Jun 201401,39698.164.74$6,613
May 201401,51794.734.73$7,170
Apr 2014099495.944.81$4,780
Mar 201401,40395.895.06$7,095
Feb 2014092297.406.19$5,709
Jan 2014099990.404.86$4,856
Dec 2013091991.824.35$4,002
Nov 201301,38788.853.74$5,185
Oct 201301,45797.423.78$5,507
Sep 201301,349104.113.72$5,015
Aug 201301,142104.253.52$4,023
Jul 201301,342102.523.72$4,989
Jun 2013093094.403.93$3,658
May 201301,72294.834.15$7,145
Apr 201301,25093.964.28$5,353
Mar 201301,30793.623.91$5,114
Feb 201301,58191.233.42$5,407
Jan 201301,43791.603.42$4,914
Dec 201201,69086.773.42$5,780
Nov 201201,61986.953.62$5,869
Oct 201201,62689.383.40$5,528
Sep 201201,36794.672.92$3,989
Aug 2012038692.662.91$1,123
Jul 201202,40085.133.02$7,250
Jun 201201,37479.822.52$3,461
May 201201,61791.612.49$4,024
Apr 201201,337101.652.00$2,670
Mar 201201,385105.052.22$3,078
Feb 201201,374101.102.57$3,532
Jan 201201,48098.092.73$4,046
Dec 201101,69096.873.24$5,475
Nov 201101,56795.723.31$5,189
Oct 201101,49484.983.65$5,451
Sep 201101,48783.623.99$5,927
Aug 201101,44283.404.15$5,983
Jul 201101,70094.144.52$7,679
Jun 201101,42592.904.64$6,612
May 201101,67098.134.40$7,356
Apr 201101,395105.964.33$6,045
Mar 201101,22296.364.06$4,958
Feb 201101,00985.644.18$4,218
Jan 201102,24186.504.59$10,283
Dec 201001,84085.734.35$8,000
Nov 201001,70180.843.80$6,456
Oct 201001,89778.103.51$6,656
Sep 201001,54172.633.98$6,132
Aug 201001,72673.684.42$7,628
Jul 201002,23472.554.74$10,581
Jun 201001,51470.364.91$7,434
May 201001,64671.124.24$6,971
Apr 201002,17481.694.12$8,963
Mar 201001,05078.394.39$4,608
Feb 201001,56673.585.44$8,523
Jan 201001,65474.365.96$9,865
Dec 200901,62871.445.48$8,928
Nov 200901,86674.593.75$7,000
Oct 200902,01772.544.11$8,290
Sep 200901,83765.543.06$5,630
Aug 200902,02867.423.22$6,527
Jul 200902,07661.133.46$7,192
Jun 200901,90866.163.90$7,432
May 200902,62654.743.93$10,309
Apr 200901,73146.773.59$6,210
Mar 200901,95942.144.06$7,952
Feb 200901,82532.814.63$8,455
Jan 200902,34935.865.37$12,616
Dec 200802,13937.105.98$12,785
Nov 200801,89655.496.86$13,007
Oct 200801,55775.246.92$10,778
Sep 200801,441101.767.88$11,351
Aug 200801,789114.228.48$15,176
Jul 200802,361131.0811.39$26,890
Jun 200802,298131.3313.03$29,949
May 200801,790123.1711.57$20,718
Apr 200802,013110.3110.45$21,046
Mar 200802,707101.909.66$26,161
Feb 200802,51092.538.77$22,014
Jan 200802,68190.388.21$22,000
Dec 200702,22388.337.30$16,232
Nov 200702,50891.677.29$18,288
Oct 200702,75982.856.92$19,098
Sep 200702,41775.846.24$15,092
Aug 200702,59069.066.39$16,545
Jul 200702,77470.906.39$17,720
Jun 200702,72962.007.55$20,600
May 200701,93958.747.85$15,214
Apr 200702,35859.617.81$18,405
Mar 200703,47256.927.30$25,352
Feb 200704,09255.108.22$33,620
Jan 200702,23750.306.73$15,048
Dec 2006051456.656.92$3,556
Nov 200603,68254.207.62$28,048
Oct 200603,92454.906.01$23,598
Sep 200602,74660.085.04$13,832
Aug 200604,79768.717.34$35,210
Jul 200601,93469.376.34$12,267
Jun 200601,53466.286.38$9,793
May 200603,46566.016.42$22,263
Apr 200603,32464.397.36$24,466
Mar 200603,81256.707.08$27,000
Feb 200603,59657.597.75$27,873
Jan 200603,66160.598.93$32,705
Dec 200504,25754.9413.42$57,109
Nov 200504,29854.6910.59$45,509
Oct 200503,76658.3413.80$51,955
Sep 200504,46261.4512.08$53,897
Aug 200504,77461.519.80$46,770
Jul 200504,72655.697.84$37,069
Jun 200504,98952.337.38$36,824
May 200504,55945.226.65$30,323
Apr 200504,64049.207.36$34,153
Mar 200505,77650.377.15$41,327
Feb 200501,23645.226.31$7,802
Jan 200501,26743.166.32$8,010
Dec 200402,64039.866.75$17,823
Nov 200401,94845.286.33$12,332
Oct 2004019449.706.52$1,264
Sep 200401,59443.245.28$8,423
Aug 200401,63142.375.55$9,053
Jul 200402,61538.286.08$15,910
Jun 200402,69636.106.43$17,343
May 200402,18537.486.49$14,191
Apr 200402,25834.475.86$13,228
Mar 200402,15334.365.53$11,906
Feb 200401,88432.455.51$10,380
Jan 200403,60932.036.30$22,735
Dec 200303,22630.266.30$20,329
Nov 2003078328.804.60$3,598
Oct 2003095828.174.76$4,560
Sep 200301,00126.314.75$4,754
Aug 200302,68229.765.13$13,758
Jul 200302,36529.415.17$12,229
Jun 200301,63128.565.98$9,758
May 200303,01026.595.97$17,978
Apr 200303,10226.675.41$16,773
Mar 200302,94631.146.10$17,959
Feb 200303,27433.487.93$25,949
Jan 200304,32630.315.58$24,148
Dec 200204,05626.914.85$19,687
Nov 200202,85224.664.14$11,799
Oct 200203,37426.464.23$14,269
Sep 200202,98427.443.64$10,847
Aug 200203,46325.963.16$10,957
Jul 200203,29324.583.06$10,082
Jun 200203,54423.733.34$11,831
May 200203,84124.663.58$13,766
Apr 200203,84123.653.51$13,491
Mar 200204,62122.003.10$14,338
Feb 200203,41418.222.38$8,111
Jan 200205,45117.172.38$12,950
Dec 200105,08216.932.36$12,016
Nov 200105,05718.072.41$12,165
Oct 200105,90219.782.53$14,925
Sep 200105,13624.262.25$11,563
Aug 200105,70624.873.05$17,421
Jul 200106,17123.933.20$19,729
Jun 200106,11624.563.82$23,389
May 200106,42025.524.31$27,653
Apr 200106,56424.685.34$35,021
Mar 200106,78024.545.38$36,452
Feb 200106,17027.755.77$35,583
Jan 200107,31727.478.40$61,454
Dec 200007,67626.889.12$70,024
Nov 200007,16432.215.66$40,534
Oct 200005,83031.235.15$29,998
Sep 200007,12031.875.19$36,928
Aug 200005,51229.644.54$25,029
Jul 200003,93028.534.09$16,073
Jun 200005,99029.304.40$26,340
May 200007,29727.263.68$26,851
Apr 200005,73824.513.12$17,880
Mar 200006,62128.422.86$18,934
Feb 200006,03727.622.73$16,460
Jan 200006,82525.272.48$16,929
Dec 199907,34124.282.42$17,793
Nov 199907,61923.192.43$18,545
Oct 199907,03620.982.80$19,727
Sep 199907,32821.752.62$19,191
Aug 199907,61219.262.88$21,889
Jul 199908,06017.892.37$19,121
Jun 199907,44115.942.36$17,576
May 199907,54215.792.32$17,505
Apr 199907,67115.102.21$16,938
Mar 199907,79012.471.84$14,321
Feb 199907,3619.981.82$13,381
Jan 199908,24010.381.90$15,656
Dec 199808,4079.201.77$14,908
Nov 199808,14610.892.19$17,805
Oct 199808,70312.421.97$17,138
Sep 199808,49112.592.08$17,684
Aug 199808,64011.301.91$16,480
Jul 199809,25711.742.24$20,710
Jun 199808,94211.242.24$20,006
May 199809,55412.622.21$21,079
Apr 199809,22513.042.51$23,112
Mar 199809,58812.802.31$22,143
Feb 199808,24313.952.30$18,952
Jan 199809,61614.702.15$20,720
Dec 199709,20216.322.41$22,187
Nov 199708,68318.193.09$26,815
Oct 1997010,15019.253.15$31,971
Sep 199709,74417.742.95$28,792
Aug 199709,63017.862.55$24,602
Jul 199709,90317.582.25$22,251
Jun 1997010,23817.242.26$23,109
May 1997211,32218.972.31$26,175
Apr 1997111,21317.882.08$23,372
Mar 1997211,85218.951.94$23,021
Feb 1997210,94520.492.21$24,185
Jan 1997012,07623.483.54$42,745
Dec 1996011,39223.32$0
Nov 1996011,95121.97$0
Oct 1996011,09523.31$0
Sep 1996110,91022.22$22
Aug 1996011,23420.26$0
Jul 1996011,38819.55$0
Jun 1996011,20318.73$0
May 1996111,52519.43$19
Apr 1996011,32921.51$0
Mar 1996011,41619.38$0
Feb 1996010,56216.98$0
Jan 1996011,17617.07$0
Dec 1995011,66417.19$0
Nov 1995011,63016.00$0
Oct 1995112,60415.43$15
Sep 1995012,13216.18$0
Aug 1995111,68115.92$16
Jul 1995011,77215.24$0
Jun 1995111,98416.41$16
May 1995112,68517.56$18
Apr 1995112,22417.73$18
Mar 1995112,70816.44$16
Feb 1995011,30116.58$0
Jan 1995012,79215.92$0
Dec 1994012,74915.03$0
Nov 1994112,23815.90$16
Oct 1994013,01615.58$0
Sep 1994012,11315.29$0
Aug 1994013,85716.13$0
Jul 1994013,49517.56$0
Jun 1994012,45017.09$0
May 1994012,62715.88$0
Apr 1994012,98214.14$0
Mar 1994012,66312.46$0
Feb 1994011,60012.50$0
Jan 1994213,36812.66$25
Dec 1993212,62012.33$25
Nov 1993113,35514.49$14
Oct 1993014,35715.85$0
Sep 1993214,58215.03$30
Aug 1993014,93015.66$0
Jul 1993013,69915.46$0
Jun 1993013,45116.79$0
May 1993113,60217.68$18
Apr 1993012,87218.05$0
Mar 1993113,67318.14$18
Feb 1993013,33317.90$0
Jan 1993014,66516.93$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.

Jul 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.62 =         $0
Gas                  133 Mcf  × $  2.92 =       $389

────────────────────────────────────────────────────
Month total                                     $389

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/120798 is the state's own key, not one this site invented.