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 125036District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$11.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$220 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
CondensateDisposition36,013 bbl$1,341,683
GasProduction3,360,412 Mcf$10,362,017
Total$11,703,699

936,604 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 27.6657, -99.0328. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66572, -99.03285 · 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
Aug 1987
1 of 1 wells

1 well

42-479342834710,300 ftAug 1987

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 2026235,011106.413.05$17,710
Apr 2026263,82098.932.87$13,535
Mar 202693,20589.753.15$10,902
Feb 2026264,32563.503.75$17,871
Jan 2026114,01559.138.00$32,762
Dec 2025244,98956.664.41$23,378
Nov 2025275,10558.593.93$21,626
Oct 2025185,19159.383.30$18,224
Sep 2025124,79762.743.08$15,513
Aug 2025124,96963.933.01$15,748
Jul 2025215,12366.743.32$18,385
Jun 202504,64266.483.13$14,524
May 2025235,16360.553.23$18,081
Apr 2025194,98762.363.54$18,854
Mar 2025124,68167.704.27$20,792
Feb 2025344,87870.884.34$23,585
Jan 2025114,99174.324.28$22,172
Dec 2024234,44268.993.12$15,452
Nov 2024224,99069.052.20$12,489
Oct 202405,24771.372.28$11,971
Sep 2024115,42869.612.36$13,599
Aug 2024235,50775.632.06$13,104
Jul 2024215,59179.932.15$13,680
Jun 202484,64278.082.63$12,852
May 202405,96178.812.20$13,105
Apr 202405,12684.451.66$8,505
Mar 202406,28180.301.55$9,705
Feb 202405,26876.091.78$9,396
Jan 202406,38373.023.30$21,049
Dec 202313,57671.262.61$9,407
Nov 202356,53677.892.81$18,740
Oct 202316,59485.443.09$20,443
Sep 202336,18389.042.74$17,178
Aug 202326,88580.522.67$18,564
Jul 202336,88474.852.64$18,411
Jun 202336,73768.962.26$15,422
May 202336,82470.622.23$15,412
Apr 202325,61678.122.24$12,724
Mar 202336,56372.852.39$15,925
Feb 202304,68775.112.47$11,557
Jan 202324,77176.533.39$16,316
Dec 202224,25176.415.73$24,507
Nov 202205,68385.005.65$32,087
Oct 202216,20187.185.86$36,448
Sep 202205,89084.888.16$48,084
Aug 202225,80494.529.13$53,163
Jul 202215,840101.587.54$44,147
Jun 202206,214115.097.98$49,570
May 202224,038109.378.43$34,271
Apr 202226,291104.226.84$43,224
Mar 202204,128108.885.08$20,955
Feb 202235,70691.054.86$27,998
Jan 202227,20381.844.54$32,849
Dec 202127,64771.323.90$29,959
Nov 202126,77077.435.24$35,608
Oct 202105,57679.795.71$31,861
Sep 202146,21769.865.35$33,546
Aug 202127,32566.024.22$31,048
Jul 202148,36670.783.98$33,597
Jun 202127,46569.493.38$25,375
May 202146,74263.483.02$20,599
Apr 202108,22660.362.76$22,691
Mar 202179,05461.302.72$25,028
Feb 202127,61657.805.55$42,369
Jan 202156,86950.412.81$19,556
Dec 202026,62244.642.68$17,806
Nov 202016,43838.772.71$17,464
Oct 202017,55436.972.48$18,759
Sep 202057,39737.091.99$14,913
Aug 202017,69039.982.39$18,381
Jul 202027,11538.371.83$13,062
Jun 202026,98534.901.69$11,877
May 202017,32916.921.81$13,317
Apr 202027,22214.751.80$13,061
Mar 202028,06930.341.86$15,039
Feb 202057,78649.881.98$15,671
Jan 202036,08957.252.09$12,927
Dec 201912,28459.012.30$5,322
Nov 201902,38355.302.75$6,555
Oct 201903,55653.472.42$8,600
Sep 201902,50655.052.66$6,659
Aug 201903,05553.112.30$7,040
Jul 201903,32056.272.46$8,167
Jun 201903,66152.782.49$9,120
May 201903,04858.482.74$8,353
Apr 201903,64662.632.75$10,029
Mar 201903,20756.803.06$9,820
Feb 201903,37050.852.79$9,410
Jan 201903,87946.033.23$12,522
Dec 201802,92946.594.19$12,259
Nov 201804,04252.934.24$17,127
Oct 201804,30961.443.40$14,642
Sep 201803,72559.543.11$11,577
Aug 201804,40359.403.07$13,502
Jul 201803,96665.142.93$11,628
Jun 201804,26260.183.08$13,114
May 201804,05965.382.90$11,774
Apr 201803,73963.842.90$10,846
Mar 201804,13261.222.79$11,515
Feb 201803,87461.782.77$10,716
Jan 201804,38062.874.01$17,561
Dec 201793,92057.272.92$11,968
Nov 2017153,62555.423.12$12,135
Oct 2017274,01949.292.98$13,322
Sep 2017253,63147.523.09$12,398
Aug 2017123,30245.373.00$10,465
Jul 2017243,23443.873.09$11,037
Jun 2017133,61742.493.09$11,719
May 2017433,99445.373.26$14,985
Apr 2017553,96247.933.21$15,361
Mar 2017714,42246.772.98$16,515
Feb 2017583,64350.452.95$13,682
Jan 2017513,75049.413.42$15,340
Dec 2016344,50348.763.72$18,422
Nov 2016384,04842.492.64$12,319
Oct 2016124,62946.193.09$14,859
Sep 201675,06741.553.10$16,002
Aug 201675,53741.442.92$16,482
Jul 2016124,67741.622.92$14,177
Jun 201694,64045.352.69$12,870
May 2016465,62942.521.99$13,163
Apr 20161775,29536.561.99$17,014
Mar 20161544,98233.011.79$14,021
Feb 20162115,13326.472.06$16,178
Jan 20161485,34127.352.36$16,676
Dec 20151346,04632.362.00$16,437
Nov 20151165,58838.792.17$16,611
Oct 20151435,73243.552.43$20,137
Sep 20151115,46542.992.76$19,847
Aug 20151955,04440.162.87$22,320
Jul 20151753,28248.152.95$18,092
Jun 20151793,03556.152.88$18,800
May 20151784,60955.212.96$23,449
Apr 20152404,09749.822.71$23,046
Mar 20152055,19242.892.93$24,029
Feb 201504,36344.662.98$12,985
Jan 201504,15043.433.10$12,868
Dec 201404,42954.693.59$15,906
Nov 201404,64470.464.25$19,746
Oct 201405,24078.303.90$20,441
Sep 201401,43186.164.05$5,789
Aug 201403,83089.394.04$15,455
Jul 201404,96996.564.18$20,768
Jun 201405,25498.164.74$24,888
May 201404,70994.734.73$22,257
Apr 2014134,46895.944.81$22,734
Mar 20141784,01095.895.06$37,346
Feb 20141704,43797.406.19$44,032
Jan 20141684,88690.404.86$38,937
Dec 20132135,68291.824.35$44,300
Nov 20131134,74288.853.74$27,767
Oct 201305,91497.423.78$22,351
Sep 201306,218104.113.72$23,117
Aug 201304,435104.253.52$15,623
Jul 201305,628102.523.72$20,923
Jun 201303,95594.403.93$15,557
May 201305,46594.834.15$22,675
Apr 2013195,71093.964.28$26,239
Mar 20132457,26993.623.91$51,380
Feb 20132805,98491.233.42$46,009
Jan 20132767,07391.603.42$49,471
Dec 20122816,69986.773.42$47,294
Nov 20122095,41586.953.62$37,802
Oct 20121905,50089.383.40$35,680
Sep 20121535,23694.672.92$29,765
Aug 201204,90492.662.91$14,262
Jul 201204,54085.133.02$13,714
Jun 201205,04979.822.52$12,719
May 201205,95291.612.49$14,810
Apr 201206,274101.652.00$12,528
Mar 201205,941105.052.22$13,201
Feb 201204,975101.102.57$12,787
Jan 201205,78598.092.73$15,817
Dec 201107,07496.873.24$22,918
Nov 201105,37695.723.31$17,801
Oct 2011105,98584.983.65$22,686
Sep 2011565,22183.623.99$25,493
Aug 2011975,75283.404.15$31,957
Jul 2011745,75494.144.52$32,959
Jun 2011895,85392.904.64$35,425
May 2011946,38598.134.40$37,349
Apr 20111066,909105.964.33$41,170
Mar 2011268,37696.364.06$36,490
Feb 2011306,11185.644.18$28,113
Jan 2011398,29686.504.59$41,442
Dec 2010315,22885.734.35$25,388
Nov 2010143,66080.843.80$15,023
Oct 2010327,12978.103.51$27,514
Sep 2010336,79972.633.98$29,453
Aug 2010305,06373.684.42$24,586
Jul 2010426,07472.554.74$31,817
Jun 2010566,77070.364.91$37,184
May 2010617,09771.124.24$34,396
Apr 2010607,06781.694.12$34,036
Mar 20101227,67678.394.39$43,251
Feb 20101035,26173.585.44$36,211
Jan 2010695,99474.365.96$40,880
Dec 20091156,68771.445.48$44,885
Nov 2009936,05174.593.75$29,637
Oct 2009806,60872.544.11$32,964
Sep 2009787,14565.543.06$27,010
Aug 2009877,34867.423.22$29,515
Jul 20091157,82261.133.46$34,129
Jun 20091648,17466.163.90$42,688
May 20091557,76754.743.93$38,976
Apr 20091499,42546.773.59$40,781
Mar 200918110,56442.144.06$50,507
Feb 2009010,13132.814.63$46,937
Jan 2009011,40235.865.37$61,240
Dec 2008011,96137.105.98$71,493
Nov 2008012,12655.496.86$83,189
Oct 2008012,61375.246.92$87,307
Sep 20081713,509101.767.88$108,142
Aug 200818213,138114.228.48$132,238
Jul 200815310,440131.0811.39$138,961
Jun 200817710,710131.3313.03$162,825
May 200817811,376123.1711.57$153,593
Apr 200818210,473110.3110.45$129,570
Mar 200817511,173101.909.66$125,809
Feb 20081939,25392.538.77$99,012
Jan 200824310,61190.388.21$109,033
Dec 200728010,89188.337.30$104,258
Nov 200728510,66091.677.29$103,855
Oct 200716410,33482.856.92$85,119
Sep 2007589,67475.846.24$64,805
Aug 2007508,86369.066.39$60,069
Jul 200704,48770.906.39$28,663
Jun 20070062.007.55$0
May 200753758.747.85$584
Apr 2007433,55159.617.81$30,280
Mar 2007965,25156.927.30$43,807
Feb 20071005,18855.108.22$48,135
Jan 2007683,70250.306.73$28,323
Dec 2006804,08356.656.92$32,780
Nov 2006785,28854.207.62$44,509
Oct 20061477,77054.906.01$54,798
Sep 2006567,26460.085.04$39,955
Aug 2006416,12968.717.34$47,803
Jul 2006384,65669.376.34$32,168
Jun 2006556,29166.286.38$43,806
May 2006102,20966.016.42$14,853
Apr 2006337,80064.397.36$59,537
Mar 2006497,16156.707.08$53,499
Feb 20061267,17557.597.75$62,871
Jan 20061348,37060.598.93$82,891
Dec 2005766,74254.9413.42$94,622
Nov 2005546,48254.6910.59$71,587
Oct 2005384,34658.3413.80$62,173
Sep 2005224,23661.4512.08$52,519
Aug 2005305,33661.519.80$54,121
Jul 2005456,53355.697.84$53,749
Jun 2005667,86652.337.38$61,513
May 2005596,89245.226.65$48,508
Apr 2005497,23549.207.36$55,664
Mar 200537,50350.377.15$53,834
Feb 200534,83545.226.31$30,654
Jan 200524,62143.166.32$29,301
Dec 200424,10939.866.75$27,820
Nov 200436,53445.286.33$41,499
Oct 200447,44649.706.52$48,710
Sep 200426,93743.245.28$36,741
Aug 200409,76242.375.55$54,186
Jul 200409,29238.286.08$56,534
Jun 200408,30136.106.43$53,401
May 200407,96637.486.49$51,736
Apr 200497,19234.475.86$42,444
Mar 20041468,31234.365.53$50,983
Feb 20041338,23132.455.51$49,666
Jan 20041668,66832.036.30$59,922
Dec 20031038,60930.266.30$57,368
Nov 20031218,33128.804.60$41,767
Oct 20031048,63928.174.76$44,048
Sep 2003708,58126.314.75$42,596
Aug 2003689,62129.765.13$51,377
Jul 2003839,40129.415.17$51,052
Jun 2003679,16028.565.98$56,717
May 20031039,29526.595.97$58,255
Apr 2003868,76826.675.41$49,705
Mar 2003868,88831.146.10$56,860
Feb 20031076,62033.487.93$56,052
Jan 20031138,86930.315.58$52,932
Dec 20021248,92526.914.85$46,657
Nov 20021158,55124.664.14$38,211
Oct 20021018,70426.464.23$39,483
Sep 20023308,35027.443.64$39,409
Aug 20022968,67025.963.16$35,117
Jul 20022174,39024.583.06$18,775
Jun 20023188,03723.733.34$34,376
May 20023738,02524.663.58$37,960
Apr 20023738,30423.653.51$37,988
Mar 20021177,16322.003.10$24,799
Feb 20021588,17118.222.38$22,290
Jan 20021688,81417.172.38$23,824
Dec 20011779,59516.932.36$25,683
Nov 20012247,96718.072.41$23,212
Oct 20012558,68419.782.53$27,005
Sep 20012328,50224.262.25$24,769
Aug 20012428,65324.873.05$32,438
Jul 20011988,32123.933.20$31,341
Jun 20012308,66524.563.82$38,785
May 20012769,24525.524.31$46,865
Apr 20012987,12624.685.34$45,374
Mar 200104,86524.545.38$26,156
Feb 200104,96227.755.77$28,616
Jan 200108,34227.478.40$70,062
Dec 2000010,69026.889.12$97,520
Nov 2000013,31332.215.66$75,325
Oct 200009,09631.235.15$46,803
Sep 2000011,48031.875.19$59,541
Aug 2000011,52929.644.54$52,350
Jul 2000011,96128.534.09$48,918
Jun 2000012,38629.304.40$54,464
May 2000010,83827.263.68$39,881
Apr 200009,33824.513.12$29,097
Mar 200009,51928.422.86$27,222
Feb 200008,58727.622.73$23,412
Jan 2000010,45725.272.48$25,939
Dec 1999210,23724.282.42$24,860
Nov 1999459,51423.192.43$24,201
Oct 19994710,00620.982.80$29,040
Sep 1999010,07221.752.62$26,377
Aug 1999449,84819.262.88$29,166
Jul 19995110,42717.892.37$25,649
Jun 19995012,78615.942.36$30,999
May 19995310,47615.792.32$25,152
Apr 1999598,48015.102.21$19,615
Mar 1999617,18212.471.84$13,964
Feb 1999546,7829.981.82$12,867
Jan 1999346,26510.381.90$12,256
Dec 1998785,5109.201.77$10,489
Nov 19981066,21910.892.19$14,747
Oct 199817113,33912.421.97$28,391
Sep 199819610,20912.592.08$23,729
Aug 199813614,51611.301.91$29,224
Jul 199814912,97211.742.24$30,771
Jun 199814811,92711.242.24$28,347
May 199814812,55612.622.21$29,571
Apr 199815712,31013.042.51$32,888
Mar 199829813,11212.802.31$34,096
Feb 199816811,67213.952.30$29,179
Jan 199815011,19214.702.15$26,321
Dec 199715910,79616.322.41$28,625
Nov 199716512,49418.193.09$41,586
Oct 199715511,68219.253.15$39,780
Sep 1997012,95017.742.95$38,266
Aug 199716613,82817.862.55$38,292
Jul 199715415,12517.582.25$36,692
Jun 199715614,15517.242.26$34,640
May 199723813,54018.972.31$35,772
Apr 199710813,22417.882.08$29,474
Mar 19979313,75618.951.94$28,437
Feb 199715012,84820.492.21$31,415
Jan 19976215,54423.483.54$56,477
Dec 199621115,73723.32$4,921
Nov 199618015,24321.97$3,955
Oct 199614116,19423.31$3,287
Sep 199614316,27722.22$3,177
Aug 199618616,51120.26$3,768
Jul 199621716,72019.55$4,242
Jun 199631316,37718.73$5,862
May 199615217,08919.43$2,953
Apr 199613216,72321.51$2,839
Mar 199630716,34219.38$5,950
Feb 199617914,71916.98$3,039
Jan 199618416,98017.07$3,141
Dec 199517916,64017.19$3,077
Nov 199518216,52316.00$2,912
Oct 199528817,22215.43$4,444
Sep 199531117,03116.18$5,032
Aug 199517717,99215.92$2,818
Jul 199534617,44915.24$5,273
Jun 199517616,69916.41$2,888
May 199517018,36717.56$2,985
Apr 199534717,77117.73$6,152
Mar 199517718,71116.44$2,910
Feb 199530116,33816.58$4,991
Jan 199518218,71415.92$2,897
Dec 199431819,11215.03$4,780
Nov 199416917,74215.90$2,687
Oct 199432118,76815.58$5,001
Sep 199431918,70015.29$4,878
Aug 199432720,29116.13$5,275
Jul 199435620,65817.56$6,251
Jun 199418121,50317.09$3,093
May 199433619,94015.88$5,336
Apr 199434919,96514.14$4,935
Mar 199418021,32312.46$2,243
Feb 199433619,01112.50$4,200
Jan 199435822,55612.66$4,532
Dec 199334423,59912.33$4,242
Nov 199333922,61614.49$4,912
Oct 199333323,53615.85$5,278
Sep 199335023,57215.03$5,261
Aug 199346023,15415.66$7,204
Jul 199331623,90415.46$4,885
Jun 199335924,70216.79$6,028
May 199353624,85517.68$9,476
Apr 199336024,27718.05$6,498
Mar 199335625,97818.14$6,458
Feb 199335724,02817.90$6,390
Jan 199336628,44516.93$6,196

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            23 bbl  × $106.41 =     $2,447
Gas                5,011 Mcf  × $  3.05 =    $15,263

────────────────────────────────────────────────────
Month total                                  $17,710

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/125036 is the state's own key, not one this site invented.