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 120936District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$150 k
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
CondensateDisposition742 bbl$11,867
GasProduction149,338 Mcf$138,032
Total$149,899

112,954 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 27.6763, -99.1026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67631, -99.10256 · 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
9,892 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 9,892 ft.

Completions filed
Apr 1986
1 of 1 wells

1 well

42-47934170189,892 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 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070756.927.30$51
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005010045.226.65$665
Apr 200507249.207.36$530
Mar 2005084650.377.15$6,053
Feb 2005027345.226.31$1,723
Jan 2005038543.166.32$2,434
Dec 2004040939.866.75$2,761
Nov 2004040545.286.33$2,564
Oct 2004021949.706.52$1,427
Sep 20040043.245.28$0
Aug 200402342.375.55$128
Jul 2004043738.286.08$2,659
Jun 2004040136.106.43$2,580
May 2004046237.486.49$3,001
Apr 2004038034.475.86$2,226
Mar 2004034534.365.53$1,908
Feb 2004036232.455.51$1,994
Jan 2004030132.036.30$1,896
Dec 2003028330.266.30$1,783
Nov 2003038028.804.60$1,746
Oct 2003032928.174.76$1,566
Sep 2003030126.314.75$1,430
Aug 2003033129.765.13$1,698
Jul 2003032429.415.17$1,675
Jun 2003033628.565.98$2,010
May 2003048826.595.97$2,915
Apr 2003035426.675.41$1,914
Mar 2003033331.146.10$2,030
Feb 2003022233.487.93$1,760
Jan 2003024230.315.58$1,351
Dec 2002030426.914.85$1,476
Nov 2002032524.664.14$1,345
Oct 2002040026.464.23$1,692
Sep 2002040027.443.64$1,454
Aug 2002045225.963.16$1,430
Jul 2002023324.583.06$713
Jun 2002031223.733.34$1,042
May 2002032224.663.58$1,154
Apr 200207423.653.51$260
Mar 2002016222.003.10$503
Feb 2002020418.222.38$485
Jan 2002032617.172.38$774
Dec 2001039216.932.36$927
Nov 2001040418.072.41$972
Oct 2001040119.782.53$1,014
Sep 2001050724.262.25$1,141
Aug 2001060124.873.05$1,835
Jul 2001060323.933.20$1,928
Jun 2001010724.563.82$409
May 2001030825.524.31$1,327
Apr 2001029924.685.34$1,595
Mar 2001039424.545.38$2,118
Feb 2001032127.755.77$1,851
Jan 2001034027.478.40$2,856
Dec 2000018226.889.12$1,660
Nov 2000032532.215.66$1,839
Oct 2000043231.235.15$2,223
Sep 2000032931.875.19$1,706
Aug 2000032029.644.54$1,453
Jul 2000031128.534.09$1,272
Jun 2000026329.304.40$1,156
May 2000026827.263.68$986
Apr 2000023924.513.12$745
Mar 2000022928.422.86$655
Feb 2000028227.622.73$769
Jan 2000038225.272.48$948
Dec 1999041724.282.42$1,011
Nov 1999045123.192.43$1,098
Oct 1999038620.982.80$1,082
Sep 1999035921.752.62$940
Aug 1999033119.262.88$952
Jul 1999029817.892.37$707
Jun 1999024815.942.36$586
May 1999032715.792.32$759
Apr 1999034415.102.21$760
Mar 1999041812.471.84$768
Feb 199904089.981.82$742
Jan 1999049010.381.90$931
Dec 199804819.201.77$853
Nov 1998040110.892.19$876
Oct 1998034512.421.97$679
Sep 1998037912.592.08$789
Aug 1998044011.301.91$839
Jul 1998042711.742.24$955
Jun 1998047011.242.24$1,052
May 1998045612.622.21$1,006
Apr 1998040413.042.51$1,012
Mar 1998040412.802.31$933
Feb 1998043813.952.30$1,007
Jan 1998035714.702.15$769
Dec 1997032016.322.41$772
Nov 1997040618.193.09$1,254
Oct 1997035619.253.15$1,121
Sep 1997045417.742.95$1,342
Aug 1997057517.862.55$1,469
Jul 1997054917.582.25$1,234
Jun 1997035817.242.26$808
May 1997051318.972.31$1,184
Apr 1997050817.882.08$1,058
Mar 1997059418.951.94$1,152
Feb 1997059620.492.21$1,315
Jan 19971357323.483.54$2,333
Dec 1996066923.32$0
Nov 1996159421.97$22
Oct 1996060223.31$0
Sep 1996063422.22$0
Aug 1996065120.26$0
Jul 1996056819.55$0
Jun 1996054218.73$0
May 1996066419.43$0
Apr 1996064621.51$0
Mar 1996069319.38$0
Feb 1996060316.98$0
Jan 1996079417.07$0
Dec 1995065617.19$0
Nov 1995066316.00$0
Oct 1995065215.43$0
Sep 1995066816.18$0
Aug 1995069715.92$0
Jul 1995075115.24$0
Jun 1995075316.41$0
May 1995086217.56$0
Apr 1995180217.73$18
Mar 1995095316.44$0
Feb 1995172416.58$17
Jan 1995098115.92$0
Dec 199411,10615.03$15
Nov 199401,13015.90$0
Oct 199401,16715.58$0
Sep 199421,21115.29$31
Aug 199411,09916.13$16
Jul 199401,43217.56$0
Jun 199421,24317.09$34
May 1994731,37815.88$1,159
Apr 199421,40614.14$28
Mar 199454,12012.46$62
Feb 199483,89612.50$100
Jan 19941445,66812.66$1,823
Dec 199306,84112.33$0
Nov 199308,43714.49$0
Oct 19931095,15115.85$1,728
Sep 1993011,47615.03$0
Aug 19931108,05515.66$1,723
Jul 199305,66315.46$0
Jun 199305,31116.79$0
May 19931285,29117.68$2,263
Apr 199304,43618.05$0
Mar 199304,60918.14$0
Feb 19931412,80917.90$2,524
Jan 199303,19716.93$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 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.92 =         $0
Gas                    7 Mcf  × $  7.30 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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/120936 is the state's own key, not one this site invented.