LUNDELL

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 122173District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$663 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 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
CondensateDisposition942 bbl$23,134
GasProduction281,426 Mcf$639,699
Total$662,833

128,106 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 27.6905, -99.0339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69050, -99.03388 · 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
10,800 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 10,800 ft.

Completions filed
Sep 1986
1 of 1 wells

1 well

42-479342244410,800 ftSep 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 20260103106.413.05$314
Apr 202619498.932.87$369
Mar 2026010289.753.15$321
Feb 202619763.503.75$427
Jan 202609559.138.00$760
Dec 2025010556.664.41$463
Nov 2025010158.593.93$397
Oct 2025010259.383.30$337
Sep 2025010162.743.08$311
Aug 2025010363.933.01$311
Jul 202509966.743.32$328
Jun 2025010166.483.13$316
May 2025010460.553.23$336
Apr 202509162.363.54$322
Mar 202509567.704.27$405
Feb 202518770.884.34$449
Jan 202507974.324.28$338
Dec 202406968.993.12$215
Nov 202406369.052.20$139
Oct 202406771.372.28$153
Sep 202406969.612.36$163
Aug 202406875.632.06$140
Jul 202406979.932.15$148
Jun 202436778.082.63$411
May 202446678.812.20$460
Apr 202448084.451.66$471
Mar 2024611380.301.55$656
Feb 2024210276.091.78$334
Jan 2024411073.023.30$655
Dec 2023010371.262.61$269
Nov 2023011977.892.81$334
Oct 2023011085.443.09$340
Sep 2023010489.042.74$284
Aug 202309780.522.67$259
Jul 2023010874.852.64$285
Jun 202309868.962.26$221
May 202309470.622.23$209
Apr 202308878.122.24$197
Mar 202309072.852.39$215
Feb 202307375.112.47$180
Jan 202308776.533.39$295
Dec 2022010476.415.73$596
Nov 202208785.005.65$491
Oct 202208987.185.86$522
Sep 202208584.888.16$694
Aug 202208194.529.13$739
Jul 20220102101.587.54$769
Jun 2022092115.097.98$734
May 2022098109.378.43$826
Apr 2022093104.226.84$636
Mar 2022094108.885.08$477
Feb 202208891.054.86$428
Jan 202209981.844.54$449
Dec 2021010171.323.90$394
Nov 202109277.435.24$482
Oct 202109679.795.71$549
Sep 202109269.865.35$492
Aug 202108166.024.22$342
Jul 202107270.783.98$287
Jun 202107169.493.38$240
May 202107163.483.02$214
Apr 202107260.362.76$199
Mar 202107361.302.72$198
Feb 202107157.805.55$394
Jan 202107250.412.81$202
Dec 202039944.642.68$399
Nov 202019638.772.71$299
Oct 2020210236.972.48$327
Sep 202018837.091.99$212
Aug 2020210839.982.39$338
Jul 2020610038.371.83$413
Jun 202059134.901.69$328
May 202019616.921.81$191
Apr 202029714.751.80$205
Mar 202029230.341.86$231
Feb 202059049.881.98$428
Jan 202039757.252.09$375
Dec 201919059.012.30$266
Nov 201907555.302.75$206
Oct 201907953.472.42$191
Sep 201907455.052.66$197
Aug 201906653.112.30$152
Jul 201906856.272.46$167
Jun 201909252.782.49$229
May 201908158.482.74$222
Apr 201908262.632.75$226
Mar 201909656.803.06$294
Feb 201908350.852.79$232
Jan 201908746.033.23$281
Dec 201805846.594.19$243
Nov 2018011052.934.24$466
Oct 201809161.443.40$309
Sep 201808359.543.11$258
Aug 2018010959.403.07$334
Jul 2018011765.142.93$343
Jun 2018012160.183.08$372
May 201808265.382.90$238
Apr 201807663.842.90$220
Mar 2018011861.222.79$329
Feb 201808161.782.77$224
Jan 201808362.874.01$333
Dec 201707157.272.92$207
Nov 201708355.423.12$259
Oct 201706949.292.98$206
Sep 201708047.523.09$247
Aug 201708745.373.00$261
Jul 201708543.873.09$262
Jun 201706042.493.09$185
May 201705445.373.26$176
Apr 201709247.933.21$295
Mar 201707646.772.98$227
Feb 201708050.452.95$236
Jan 201706049.413.42$205
Dec 201608848.763.72$328
Nov 201604442.492.64$116
Oct 201604846.193.09$148
Sep 201609241.553.10$285
Aug 201606741.442.92$196
Jul 201607741.622.92$225
Jun 201607345.352.69$196
May 201605542.521.99$110
Apr 201609636.561.99$191
Mar 201606433.011.79$115
Feb 201609126.472.06$188
Jan 201608427.352.36$199
Dec 2015016932.362.00$338
Nov 201503138.792.17$67
Oct 2015010043.552.43$243
Sep 2015012842.992.76$353
Aug 201505140.162.87$147
Jul 2015010248.152.95$300
Jun 2015013056.152.88$375
May 201508255.212.96$242
Apr 2015015749.822.71$425
Mar 201501542.892.93$44
Feb 2015017044.662.98$506
Jan 201509043.433.10$279
Dec 2014021754.693.59$779
Nov 2014011570.464.25$489
Oct 2014026878.303.90$1,045
Sep 2014012886.164.05$518
Aug 2014016189.394.04$650
Jul 2014017696.564.18$736
Jun 2014014398.164.74$677
May 201408794.734.73$411
Apr 201405395.944.81$255
Mar 201407695.895.06$384
Feb 201407197.406.19$440
Jan 201408790.404.86$423
Dec 20130491.824.35$17
Nov 201307988.853.74$295
Oct 201308097.423.78$302
Sep 20130159104.113.72$591
Aug 2013084104.253.52$296
Jul 20130159102.523.72$591
Jun 201307994.403.93$311
May 2013020894.834.15$863
Apr 201308293.964.28$351
Mar 2013012293.623.91$477
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012012486.953.62$450
Oct 2012120089.383.40$769
Sep 2012815894.672.92$1,218
Aug 201299192.662.91$1,099
Jul 20121016185.133.02$1,338
Jun 20121617479.822.52$1,715
May 20121010291.612.49$1,170
Apr 20128125101.652.00$1,063
Mar 20120158105.052.22$351
Feb 20120163101.102.57$419
Jan 2012014498.092.73$394
Dec 2011013896.873.24$447
Nov 201106495.723.31$212
Oct 2011011484.983.65$416
Sep 2011010683.623.99$422
Aug 201109783.404.15$402
Jul 201108294.144.52$370
Jun 201109392.904.64$432
May 2011013398.134.40$586
Apr 2011069105.964.33$299
Mar 2011010196.364.06$410
Feb 201107185.644.18$297
Jan 201109386.504.59$427
Dec 2010020285.734.35$878
Nov 201009580.843.80$361
Oct 2010020978.103.51$733
Sep 2010010872.633.98$430
Aug 2010041073.684.42$1,812
Jul 2010098472.554.74$4,661
Jun 2010080470.364.91$3,948
May 2010076871.124.24$3,253
Apr 2010065581.694.12$2,700
Mar 2010047878.394.39$2,098
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200903872.544.11$156
Sep 200907365.543.06$224
Aug 2009013067.423.22$418
Jul 2009011461.133.46$395
Jun 200909466.163.90$366
May 200909854.743.93$385
Apr 2009012346.773.59$441
Mar 2009017042.144.06$690
Feb 2009022032.814.63$1,019
Jan 2009016935.865.37$908
Dec 2008022037.105.98$1,315
Nov 20080155.496.86$7
Oct 20080375.246.92$21
Sep 2008047101.767.88$370
Aug 200804114.228.48$34
Jul 200803131.0811.39$34
Jun 2008071131.3313.03$925
May 20080137123.1711.57$1,586
Apr 20080225110.3110.45$2,352
Mar 20080302101.909.66$2,919
Feb 20080092.538.77$0
Jan 200801690.388.21$131
Dec 2007040288.337.30$2,935
Nov 2007042591.677.29$3,099
Oct 2007045482.856.92$3,143
Sep 2007049075.846.24$3,060
Aug 2007055569.066.39$3,545
Jul 2007047670.906.39$3,041
Jun 2007057662.007.55$4,348
May 2007059558.747.85$4,669
Apr 2007040259.617.81$3,138
Mar 2007040756.927.30$2,972
Feb 2007027155.108.22$2,227
Jan 2007045250.306.73$3,041
Dec 2006036656.656.92$2,532
Nov 2006056954.207.62$4,334
Oct 2006050954.906.01$3,061
Sep 2006038060.085.04$1,914
Aug 2006069668.717.34$5,109
Jul 2006070369.376.34$4,459
Jun 2006033766.286.38$2,151
May 2006034366.016.42$2,204
Apr 2006038064.397.36$2,797
Mar 2006041556.707.08$2,939
Feb 200609357.597.75$721
Jan 2006037660.598.93$3,359
Dec 2005036254.9413.42$4,856
Nov 2005034754.6910.59$3,674
Oct 2005046358.3413.80$6,387
Sep 2005044361.4512.08$5,351
Aug 2005070161.519.80$6,868
Jul 2005060155.697.84$4,714
Jun 2005059552.337.38$4,392
May 2005057145.226.65$3,798
Apr 2005050549.207.36$3,717
Mar 2005059450.377.15$4,250
Feb 2005036245.226.31$2,285
Jan 2005041543.166.32$2,624
Dec 2004059839.866.75$4,037
Nov 2004066345.286.33$4,197
Oct 200401,39149.706.52$9,063
Sep 20040043.245.28$0
Aug 2004030642.375.55$1,699
Jul 2004020538.286.08$1,247
Jun 2004041736.106.43$2,683
May 2004033037.486.49$2,143
Apr 2004047434.475.86$2,777
Mar 2004027934.365.53$1,543
Feb 2004086932.455.51$4,788
Jan 2004052332.036.30$3,295
Dec 2003034530.266.30$2,174
Nov 2003033228.804.60$1,526
Oct 2003050828.174.76$2,418
Sep 2003054926.314.75$2,607
Aug 2003062429.765.13$3,201
Jul 2003063429.415.17$3,278
Jun 2003087128.565.98$5,211
May 2003092026.595.97$5,495
Apr 2003079126.675.41$4,277
Mar 2003088731.146.10$5,407
Feb 2003081133.487.93$6,428
Jan 200301,34130.315.58$7,486
Dec 200202,00126.914.85$9,712
Nov 2002051824.664.14$2,143
Oct 2002045126.464.23$1,907
Sep 2002067727.443.64$2,461
Aug 2002076125.963.16$2,408
Jul 2002065924.583.06$2,018
Jun 2002066823.733.34$2,230
May 2002189724.663.58$3,240
Apr 2002341,34123.653.51$5,514
Mar 2002441,32922.003.10$5,092
Feb 2002531,38018.222.38$4,244
Jan 2002511,31417.172.38$3,997
Dec 2001611,69316.932.36$5,036
Nov 200161,22418.072.41$3,053
Oct 200161,48119.782.53$3,864
Sep 2001491824.262.25$2,164
Aug 200161,52924.873.05$4,818
Jul 2001264823.933.20$2,120
Jun 200171,89724.563.82$7,426
May 2001367925.524.31$3,001
Apr 2001111,76224.685.34$9,672
Mar 200101,88924.545.38$10,156
Feb 200101,48827.755.77$8,581
Jan 200101,69827.478.40$14,261
Dec 200001,75926.889.12$16,046
Nov 200006,03032.215.66$34,118
Oct 200001,75331.235.15$9,020
Sep 200002,49431.875.19$12,935
Aug 200001,20229.644.54$5,458
Jul 200001,12928.534.09$4,617
Jun 200001,49029.304.40$6,552
May 2000073327.263.68$2,697
Apr 2000076624.513.12$2,387
Mar 200001,04228.422.86$2,980
Feb 2000045127.622.73$1,230
Jan 200001,33925.272.48$3,321
Dec 199901,06224.282.42$2,574
Nov 1999061623.192.43$1,499
Oct 1999091620.982.80$2,568
Sep 199901,18121.752.62$3,093
Aug 199902,01419.262.88$5,791
Jul 199903,29017.892.37$7,805
Jun 199901,23315.942.36$2,912
May 199901,06915.792.32$2,481
Apr 1999092915.102.21$2,051
Mar 199901,07012.471.84$1,967
Feb 199901,0829.981.82$1,967
Jan 1999069210.381.90$1,315
Dec 199808039.201.77$1,424
Nov 1998082410.892.19$1,801
Oct 199801,40112.421.97$2,759
Sep 1998851,25712.592.08$3,688
Aug 199801,41711.301.91$2,703
Jul 199801,76011.742.24$3,938
Jun 199801,38711.242.24$3,103
May 199801,64112.622.21$3,621
Apr 199801,71413.042.51$4,294
Mar 199801,76312.802.31$4,072
Feb 199801,36813.952.30$3,145
Jan 199801,26414.702.15$2,724
Dec 199701,31816.322.41$3,178
Nov 199701,23018.193.09$3,799
Oct 199701,34119.253.15$4,224
Sep 199701,17617.742.95$3,475
Aug 199701,21017.862.55$3,091
Jul 199701,19817.582.25$2,692
Jun 199701,23517.242.26$2,788
May 199701,22318.972.31$2,823
Apr 199701,40517.882.08$2,926
Mar 199711,68618.951.94$3,288
Feb 199742,14320.492.21$4,809
Jan 199701,53523.483.54$5,433
Dec 199611,66623.32$23
Nov 199612,03621.97$22
Oct 199612,13323.31$23
Sep 199611,76422.22$22
Aug 199601,50520.26$0
Jul 199601,50319.55$0
Jun 199601,69018.73$0
May 199602,17019.43$0
Apr 199611,80621.51$22
Mar 199622,89019.38$39
Feb 199653,70316.98$85
Jan 199643,24317.07$68
Dec 199512,27817.19$17
Nov 199512,77016.00$16
Oct 199522,53215.43$31
Sep 199542,46216.18$65
Aug 199522,99315.92$32
Jul 1995323,05715.24$488
Jun 199501,81016.41$0
May 199522,81417.56$35
Apr 199511,70117.73$18
Mar 199512,27816.44$16
Feb 199502,81916.58$0
Jan 199513,19915.92$16
Dec 1994362,41415.03$541
Nov 199412,91515.90$16
Oct 199402,95615.58$0
Sep 199412,91115.29$15
Aug 199413,08516.13$16
Jul 199402,42317.56$0
Jun 199443,49817.09$68
May 1994892,74715.88$1,413
Apr 199421,34814.14$28
Mar 199402,33712.46$0
Feb 199402,60112.50$0
Jan 199401,57212.66$0
Dec 199302,23812.33$0
Nov 199302,24114.49$0
Oct 199302,57515.85$0
Sep 199303,25615.03$0
Aug 1993692,98815.66$1,081
Jul 199302,54615.46$0
Jun 199303,17316.79$0
May 19931754,88317.68$3,094
Apr 199303,76218.05$0
Mar 199304,80018.14$0
Feb 199303,21717.90$0
Jan 199304,79816.93$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                  103 Mcf  × $  3.05 =       $314

────────────────────────────────────────────────────
Month total                                     $314

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/122173 is the state's own key, not one this site invented.