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 121702District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$10.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$374 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 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
CondensateDisposition55,155 bbl$3,157,984
GasProduction2,623,152 Mcf$7,080,146
Total$10,238,131

908,467 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 27.7457, -99.0546. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74574, -99.05464 · 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
9,000 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 9,000 ft.

Completions filed
Jun 1986
1 of 1 wells

1 well

42-47934368249,000 ftJun 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 20262211,159106.413.05$27,047
Apr 202612592198.932.87$15,009
Mar 20261381,70089.753.15$17,740
Feb 20261222,00363.503.75$15,259
Jan 20264251,65459.138.00$38,359
Dec 20253673,29356.664.41$35,327
Nov 20253833,38158.593.93$35,715
Oct 20253763,04059.383.30$32,374
Sep 20255532,77862.743.08$43,243
Aug 20254042,79763.933.01$34,260
Jul 20255353,70766.743.32$47,995
Jun 20253133,62066.483.13$32,134
May 20256483,70060.553.23$51,196
Apr 20256323,03362.363.54$50,158
Mar 20251643,49867.704.27$26,033
Feb 20256193,40770.884.34$58,664
Jan 20251443,71274.324.28$26,585
Dec 20244423,24368.993.12$40,616
Nov 20241533,58669.052.20$18,448
Oct 20242853,77271.372.28$28,946
Sep 20245973,51569.612.36$49,868
Aug 20243213,69775.632.06$31,906
Jul 20245053,58379.932.15$48,056
Jun 20241603,44478.082.63$21,564
May 20244663,64478.812.20$44,737
Apr 20243193,45684.451.66$32,674
Mar 20246253,61180.301.55$55,767
Feb 20242953,15576.091.78$28,074
Jan 20243283,53073.023.30$35,591
Dec 20233243,82771.262.61$33,079
Nov 20234903,81277.892.81$48,869
Oct 20233183,82385.443.09$38,973
Sep 20234493,27389.042.74$48,931
Aug 20233983,76380.522.67$42,105
Jul 20232863,61674.852.64$30,960
Jun 20233023,49368.962.26$28,715
May 20236383,72170.622.23$53,344
Apr 20234933,38978.122.24$46,097
Mar 20231413,82672.852.39$19,428
Feb 20233073,65575.112.47$32,071
Jan 20236673,39876.533.39$62,557
Dec 20223313,57376.415.73$45,762
Nov 20226703,78685.005.65$78,327
Oct 20224714,02787.185.86$64,675
Sep 20226483,76484.888.16$85,730
Aug 20226163,74994.529.13$92,442
Jul 20225863,865101.587.54$88,676
Jun 20224694,004115.097.98$85,918
May 20223213,931109.378.43$68,258
Apr 20226613,608104.226.84$93,559
Mar 20223223,730108.885.08$53,994
Feb 20221653,60391.054.86$32,530
Jan 20221673,95981.844.54$31,632
Dec 20211594,05871.323.90$27,163
Nov 20212883,89977.435.24$42,718
Oct 20213023,91279.795.71$46,449
Sep 20214933,89969.865.35$55,304
Aug 20212994,08366.024.22$36,973
Jul 20213014,11470.783.98$37,687
Jun 20212873,97869.493.38$33,392
May 20214053,30463.483.02$35,680
Apr 20213013,97860.362.76$29,141
Mar 20214553,71661.302.72$37,988
Feb 20211523,24157.805.55$26,767
Jan 20214594,04050.412.81$34,492
Dec 20205813,16644.642.68$34,406
Nov 20204453,36138.772.71$26,349
Oct 20202923,63236.972.48$19,797
Sep 20204563,53937.091.99$23,959
Aug 20204483,53739.982.39$26,347
Jul 20203403,68438.371.83$19,770
Jun 20206643,48334.901.69$29,061
May 202003,68516.921.81$6,687
Apr 20203163,26114.751.80$10,545
Mar 20204983,43430.341.86$21,484
Feb 20203213,57149.881.98$23,084
Jan 20201603,54057.252.09$16,575
Dec 20193013,01759.012.30$24,714
Nov 20195133,17555.302.75$37,102
Oct 20195833,04353.472.42$38,533
Sep 20192982,54655.052.66$23,170
Aug 20194663,08853.112.30$31,865
Jul 20193143,01256.272.46$25,078
Jun 20192792,81552.782.49$21,738
May 20194352,82458.482.74$33,177
Apr 20193493,48162.632.75$31,433
Mar 20195953,54356.803.06$44,645
Feb 20194513,32950.852.79$32,229
Jan 20192263,14946.033.23$20,568
Dec 20183622,95546.594.19$29,234
Nov 20183873,84852.934.24$36,789
Oct 20181374,25261.443.40$22,866
Sep 2018452,95259.543.11$11,854
Aug 20181203,59959.403.07$18,165
Jul 20185533,69465.142.93$46,853
Jun 20183843,53460.183.08$33,983
May 20184974,04465.382.90$44,225
Apr 20184523,71063.842.90$39,618
Mar 20184394,02361.222.79$38,087
Feb 20181853,71161.782.77$21,694
Jan 20182533,19662.874.01$28,720
Dec 20174543,36857.272.92$35,840
Nov 20174863,21255.423.12$36,950
Oct 20176763,73249.292.98$44,455
Sep 2017774,03247.523.09$16,107
Aug 20171264,24545.373.00$18,470
Jul 20171864,29443.873.09$21,417
Jun 20171154,13842.493.09$17,662
May 20171114,47645.373.26$19,643
Apr 20172384,32447.933.21$25,294
Mar 20172044,34646.772.98$22,508
Feb 2017684,16450.452.95$15,725
Jan 20173724,18049.413.42$32,671
Dec 2016744,45648.763.72$20,197
Nov 20162404,29942.492.64$21,566
Oct 20162374,95846.193.09$26,269
Sep 20161614,27841.553.10$19,954
Aug 20161614,82941.442.92$20,793
Jul 20161623,98241.622.92$18,387
Jun 20161414,20445.352.69$17,686
May 20161794,18942.521.99$15,952
Apr 20161524,11736.561.99$13,754
Mar 20161304,00433.011.79$11,475
Feb 2016973,82026.472.06$10,451
Jan 20161703,76627.352.36$13,554
Dec 201504,41432.362.00$8,834
Nov 2015834,16838.792.17$12,253
Oct 201504,73043.552.43$11,478
Sep 201504,18442.992.76$11,541
Aug 201504,51440.162.87$12,966
Jul 2015664,75748.152.95$17,188
Jun 201504,70356.152.88$13,558
May 201504,21955.212.96$12,469
Apr 2015884,11949.822.71$15,533
Mar 201502,64142.892.93$7,751
Feb 201504,08444.662.98$12,155
Jan 201504,26243.433.10$13,215
Dec 201404,32954.693.59$15,547
Nov 2014894,06270.464.25$23,542
Oct 201404,60778.303.90$17,972
Sep 201401,76686.164.05$7,144
Aug 201404,29889.394.04$17,343
Jul 2014994,91696.564.18$30,106
Jun 201401,80798.164.74$8,560
May 201404,12294.734.73$19,483
Apr 2014594,10395.944.81$25,392
Mar 201404,76895.895.06$24,111
Feb 201404,15797.406.19$25,740
Jan 201404,32690.404.86$21,027
Dec 2013984,23091.824.35$27,418
Nov 201304,18388.853.74$15,637
Oct 201305,40397.423.78$20,420
Sep 201304,404104.113.72$16,373
Aug 2013994,293104.253.52$25,443
Jul 201305,243102.523.72$19,492
Jun 201305,04994.403.93$19,860
May 201304,33094.834.15$17,966
Apr 201305,04593.964.28$21,606
Mar 2013965,27493.623.91$29,624
Feb 201304,77991.233.42$16,344
Jan 201304,30291.603.42$14,712
Dec 201204,36486.773.42$14,926
Nov 2012743,66586.953.62$19,720
Oct 201203,65589.383.40$12,426
Sep 201204,59794.672.92$13,416
Aug 201205,12092.662.91$14,890
Jul 201205,05985.133.02$15,282
Jun 2012924,91079.822.52$19,712
May 201205,19491.612.49$12,924
Apr 201205,142101.652.00$10,268
Mar 201204,970105.052.22$11,044
Feb 201204,243101.102.57$10,906
Jan 2012864,04098.092.73$19,481
Dec 201103,77096.873.24$12,214
Nov 201104,72195.723.31$15,633
Oct 201104,98284.983.65$18,177
Sep 2011894,95083.623.99$27,172
Aug 201104,88083.404.15$20,249
Jul 201105,48494.144.52$24,773
Jun 201105,43892.904.64$25,232
May 2011655,62298.134.40$31,142
Apr 201105,731105.964.33$24,834
Mar 201105,94496.364.06$24,117
Feb 201104,77685.644.18$19,964
Jan 20112957886.504.59$5,161
Dec 201003,47185.734.35$15,091
Nov 2010653,33380.843.80$17,904
Oct 201003,51878.103.51$12,344
Sep 201003,24572.633.98$12,913
Aug 201003,28673.684.42$14,522
Jul 201004,68272.554.74$22,176
Jun 201005,02770.364.91$24,685
May 201004,71071.124.24$19,948
Apr 2010744,74081.694.12$25,587
Mar 201004,74878.394.39$20,837
Feb 201004,16273.585.44$22,651
Jan 201004,02874.365.96$24,023
Dec 2009617,32971.445.48$44,548
Nov 200905,35574.593.75$20,089
Oct 200904,35772.544.11$17,908
Sep 200903,92665.543.06$12,032
Aug 2009494,48567.423.22$17,739
Jul 200905,18361.133.46$17,957
Jun 200904,73766.163.90$18,451
May 2009715,37154.743.93$24,972
Apr 200905,62246.773.59$20,169
Mar 200906,23842.144.06$25,320
Feb 2009845,44032.814.63$27,960
Jan 200906,28335.865.37$33,746
Dec 2008786,62137.105.98$42,468
Nov 200806,81155.496.86$46,726
Oct 200806,34175.246.92$43,892
Sep 2008676,335101.767.88$56,719
Aug 2008706,733114.228.48$65,112
Jul 200807,197131.0811.39$81,970
Jun 200804,942131.3313.03$64,407
May 200803,948123.1711.57$45,695
Apr 200808,502110.3110.45$88,887
Mar 2008662,876101.909.66$34,519
Feb 200803,14292.538.77$27,557
Jan 200802,65290.388.21$21,762
Dec 200702,61588.337.30$19,095
Nov 2007373,92791.677.29$32,026
Oct 200703,07682.856.92$21,292
Sep 200702,89575.846.24$18,077
Aug 2007481,92569.066.39$15,612
Jul 200703,40170.906.39$21,725
Jun 200703,11762.007.55$23,529
May 200702,46158.747.85$19,310
Apr 2007565,99759.617.81$50,146
Mar 200706,79756.927.30$49,631
Feb 2007587,07755.108.22$61,340
Jan 2007786,64150.306.73$48,596
Dec 200608,41056.656.92$58,184
Nov 2006836,22354.207.62$51,902
Oct 200605,32354.906.01$32,011
Sep 200607,54360.085.04$37,996
Aug 200605,92568.717.34$43,489
Jul 2006726,97269.376.34$49,216
Jun 200608,13766.286.38$51,946
May 200603,29266.016.42$21,151
Apr 20061019,46564.397.36$76,170
Mar 2006010,91856.707.08$77,331
Feb 2006013,93357.597.75$107,996
Jan 200603,88560.598.93$34,706
Dec 2005082354.9413.42$11,041
Nov 200502,61654.6910.59$27,699
Oct 2005587,77158.3413.80$110,591
Sep 2005597,97461.4512.08$99,944
Aug 20056914,24461.519.80$143,790
Jul 2005012,64555.697.84$99,183
Jun 200513915,41352.337.38$121,038
May 2005013,95545.226.65$92,817
Apr 200503,52649.207.36$25,953
Mar 2005033850.377.15$2,418
Feb 200506,75845.226.31$42,656
Jan 200503,42443.166.32$21,647
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20031028.565.98$29
May 20031026.595.97$27
Apr 20032026.675.41$53
Mar 200303,55131.146.10$21,647
Feb 20032233.487.93$83
Jan 200322230.315.58$183
Dec 200254226.914.85$338
Nov 2002932,67924.664.14$13,376
Oct 200202,04826.464.23$8,661
Sep 200202,84027.443.64$10,324
Aug 2002735,89225.963.16$20,538
Jul 200205,98224.583.06$18,315
Jun 200205,06923.733.34$16,922
May 200204,39424.663.58$15,748
Apr 200202,96523.653.51$10,414
Mar 2002903,62322.003.10$13,221
Feb 200221,10018.222.38$2,650
Jan 200201,95817.172.38$4,652
Dec 200101,35016.932.36$3,192
Nov 200104,98918.072.41$12,001
Oct 2001010,56819.782.53$26,725
Sep 200108,79224.262.25$19,794
Aug 200109724.873.05$296
Jul 20011005,82623.933.20$21,019
Jun 200108,46424.563.82$32,368
May 20011139,77925.524.31$45,005
Apr 200106,99224.685.34$37,305
Mar 20011009,59524.545.38$54,041
Feb 200106,97427.755.77$40,220
Jan 200105,92627.478.40$49,771
Dec 200009,60826.889.12$87,649
Nov 2000988,49232.215.66$51,204
Oct 20000031.235.15$0
Sep 200006,42931.875.19$33,344
Aug 2000778,63529.644.54$41,492
Jul 2000668,58028.534.09$36,973
Jun 200008,39529.304.40$36,915
May 200007,71627.263.68$28,393
Apr 20001338,15524.513.12$28,671
Mar 200006,93228.422.86$19,824
Feb 200046,63627.622.73$18,204
Jan 20001269,57825.272.48$26,942
Dec 199908,33524.282.42$20,202
Nov 19991278,60023.192.43$23,877
Oct 199909,56220.982.80$26,809
Sep 19991369,10421.752.62$26,800
Aug 199908,29919.262.88$23,865
Jul 199908,11817.892.37$19,259
Jun 19991248,30615.942.36$21,596
May 199908,93615.792.32$20,741
Apr 19999710,17515.102.21$23,932
Mar 1999010,40912.471.84$19,135
Feb 19991308,7919.981.82$17,278
Jan 199909,74110.381.90$18,507
Dec 19985410,2789.201.77$18,723
Nov 199813710,08410.892.19$23,533
Oct 1998010,59012.421.97$20,854
Sep 199813711,62212.592.08$25,929
Aug 1998013,19111.301.91$25,160
Jul 19989012,79811.742.24$29,689
Jun 1998012,29411.242.24$27,505
May 1998012,09412.622.21$26,683
Apr 199813311,12013.042.51$29,594
Mar 1998013,94312.802.31$32,201
Feb 199811713,03513.952.30$31,601
Jan 19986012,56114.702.15$27,948
Dec 1997011,91116.322.41$28,719
Nov 1997743,27718.193.09$11,466
Oct 1997011,37119.253.15$35,817
Sep 199710613,49917.742.95$41,768
Aug 1997014,15417.862.55$36,160
Jul 199711713,11017.582.25$31,514
Jun 199715115,62317.242.26$37,867
May 1997114,33518.972.31$33,111
Apr 19976812,31617.882.08$26,867
Mar 1997712,91218.951.94$6,992
Feb 199702,80120.492.21$6,179
Jan 199713014,56923.483.54$54,622
Dec 1996213,98423.32$47
Nov 1996113,02421.97$22
Oct 19968014,26623.31$1,865
Sep 19968014,81922.22$1,778
Aug 19967515,60820.26$1,520
Jul 19967115,47619.55$1,388
Jun 199612117,21918.73$2,266
May 19969217,22019.43$1,788
Apr 19968416,90021.51$1,807
Mar 199610616,95619.38$2,054
Feb 199616216,62416.98$2,751
Jan 1996518,71317.07$85
Dec 199512919,38417.19$2,218
Nov 199513519,30016.00$2,160
Oct 19957818,36915.43$1,204
Sep 19959715,46316.18$1,569
Aug 199514219,10315.92$2,261
Jul 199514418,20915.24$2,195
Jun 199514617,73416.41$2,396
May 199519718,81717.56$3,459
Apr 199511418,33217.73$2,021
Mar 199519719,06116.44$3,239
Feb 19959918,80516.58$1,641
Jan 199513720,53715.92$2,181
Dec 199418219,15115.03$2,735
Nov 199418319,82115.90$2,910
Oct 1994121,11915.58$16
Sep 199418120,64715.29$2,767
Aug 199418023,49916.13$2,903
Jul 199418323,50417.56$3,213
Jun 199417922,86017.09$3,059
May 199417716,29015.88$2,811
Apr 199418219,42714.14$2,573
Mar 199418620,96212.46$2,318
Feb 1994215,27512.50$25
Jan 199418315,47312.66$2,317
Dec 1993020,58112.33$0
Nov 199318319,73114.49$2,652
Oct 199318118,63115.85$2,869
Sep 199317817,69815.03$2,675
Aug 199317320,96915.66$2,709
Jul 199317217,49515.46$2,659
Jun 199318117,99616.79$3,039
May 199318225,02417.68$3,218
Apr 199317628,09918.05$3,177
Mar 199318129,98318.14$3,283
Feb 199318320,20217.90$3,276
Jan 199318120,10716.93$3,064

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           221 bbl  × $106.41 =    $23,517
Gas                1,159 Mcf  × $  3.05 =     $3,530

────────────────────────────────────────────────────
Month total                                  $27,047

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/121702 is the state's own key, not one this site invented.