FROST NATIONAL BANK

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the B.M.T. (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128196District 04Field 04789237NGPA filingCondensateGasSaveExport
Value, all time
$6.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$15 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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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
CondensateDisposition4,014 bbl$226,949
GasProduction1,798,842 Mcf$6,206,744
Total$6,433,693

387,491 Mcf of this lease's gas, across 47 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 27.5006, -99.0977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.50062, -99.09774 · 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
10,600 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 10,600 ft.

Completions filed
Aug 1988
1 of 1 wells

1 well

42-4793466031 T10,600 ftAug 1988

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 20260373106.413.05$1,136
Apr 2026036598.932.87$1,047
Mar 2026040589.753.15$1,276
Feb 2026028263.503.75$1,058
Jan 2026029459.138.00$2,351
Dec 2025031056.664.41$1,368
Nov 2025029258.593.93$1,147
Oct 2025029159.383.30$962
Sep 2025035062.743.08$1,077
Aug 2025035163.933.01$1,058
Jul 2025049566.743.32$1,641
Jun 2025033666.483.13$1,051
May 2025040460.553.23$1,306
Apr 2025032162.363.54$1,137
Mar 2025038067.704.27$1,622
Feb 2025036770.884.34$1,593
Jan 2025043774.324.28$1,870
Dec 2024037668.993.12$1,174
Nov 2024032769.052.20$719
Oct 2024045571.372.28$1,038
Sep 20240069.612.36$0
Aug 2024035175.632.06$724
Jul 2024051679.932.15$1,108
Jun 2024051778.082.63$1,362
May 2024044878.812.20$985
Apr 2024043484.451.66$720
Mar 2024070880.301.55$1,094
Feb 2024087876.091.78$1,566
Jan 20240073.023.30$0
Dec 20230471.262.61$10
Nov 20230077.892.81$0
Oct 20230185.443.09$3
Sep 20230089.042.74$0
Aug 2023030480.522.67$813
Jul 2023041074.852.64$1,083
Jun 2023048268.962.26$1,089
May 20230070.622.23$0
Apr 2023014678.122.24$327
Mar 2023026572.852.39$634
Feb 2023023975.112.47$589
Jan 2023026876.533.39$908
Dec 2022029776.415.73$1,702
Nov 2022031085.005.65$1,750
Oct 2022027987.185.86$1,636
Sep 2022027184.888.16$2,212
Aug 2022028594.529.13$2,601
Jul 20220293101.587.54$2,210
Jun 20220287115.097.98$2,289
May 20220298109.378.43$2,513
Apr 20220321104.226.84$2,195
Mar 20220370108.885.08$1,878
Feb 2022024391.054.86$1,181
Jan 2022027181.844.54$1,230
Dec 2021028371.323.90$1,103
Nov 2021026977.435.24$1,409
Oct 2021027779.795.71$1,583
Sep 2021026669.865.35$1,423
Aug 2021027466.024.22$1,156
Jul 2021027770.783.98$1,103
Jun 2021027469.493.38$926
May 2021026163.483.02$788
Apr 2021027760.362.76$764
Mar 2021029061.302.72$788
Feb 2021024957.805.55$1,381
Jan 2021028050.412.81$787
Dec 2020028444.642.68$760
Nov 2020027538.772.71$744
Oct 2020030236.972.48$748
Sep 2020028937.091.99$575
Aug 2020031239.982.39$744
Jul 2020029438.371.83$537
Jun 2020029934.901.69$505
May 2020033016.921.81$599
Apr 2020030314.751.80$547
Mar 2020030330.341.86$562
Feb 2020031049.881.98$614
Jan 2020036957.252.09$773
Dec 2019032759.012.30$754
Nov 2019034355.302.75$943
Oct 2019043453.472.42$1,050
Sep 2019052255.052.66$1,387
Aug 2019039453.112.30$908
Jul 2019029456.272.46$723
Jun 2019031652.782.49$787
May 2019034758.482.74$951
Apr 2019026062.632.75$715
Mar 2019029956.803.06$916
Feb 2019030650.852.79$854
Jan 2019032446.033.23$1,046
Dec 2018037446.594.19$1,565
Nov 2018045652.934.24$1,932
Oct 2018053261.443.40$1,808
Sep 2018050959.543.11$1,582
Aug 2018057759.403.07$1,769
Jul 2018049565.142.93$1,451
Jun 2018047160.183.08$1,449
May 2018048865.382.90$1,416
Apr 2018059563.842.90$1,726
Mar 2018058261.222.79$1,622
Feb 2018054261.782.77$1,499
Jan 20185461262.874.01$5,849
Dec 2017062157.272.92$1,814
Nov 2017075855.423.12$2,364
Oct 2017052249.292.98$1,557
Sep 2017072147.523.09$2,226
Aug 2017086845.373.00$2,608
Jul 2017073143.873.09$2,257
Jun 2017096342.493.09$2,973
May 201701,31545.373.26$4,291
Apr 2017095647.933.21$3,070
Mar 201701,61646.772.98$4,822
Feb 201701,90050.452.95$5,610
Jan 201702,28349.413.42$7,805
Dec 201602,27348.763.72$8,462
Nov 201602,18742.492.64$5,783
Oct 201602,42446.193.09$7,491
Sep 201602,38541.553.10$7,395
Aug 201601,66541.442.92$4,869
Jul 201601,59941.622.92$4,676
Jun 201602,12445.352.69$5,705
May 201602,19342.521.99$4,366
Apr 201602,22436.561.99$4,428
Mar 2016842,26133.011.79$6,829
Feb 2016099326.472.06$2,049
Jan 2016392,26727.352.36$6,427
Dec 201502,22432.362.00$4,451
Nov 201501,99238.792.17$4,317
Oct 201502,40543.552.43$5,836
Sep 201502,16942.992.76$5,983
Aug 201502,08840.162.87$5,998
Jul 201502,35748.152.95$6,942
Jun 201501,85156.152.88$5,336
May 2015951,97955.212.96$11,094
Apr 201502,52549.822.71$6,834
Mar 201502,36042.892.93$6,926
Feb 201502,25944.662.98$6,723
Jan 201502,53143.433.10$7,848
Dec 2014382,61954.693.59$11,484
Nov 201402,41670.464.25$10,272
Oct 201402,93678.303.90$11,453
Sep 201402,92486.164.05$11,829
Aug 2014943,00989.394.04$20,544
Jul 201403,25796.564.18$13,613
Jun 201402,84198.164.74$13,457
May 201403,11194.734.73$14,704
Apr 201403,13295.944.81$15,062
Mar 201403,24195.895.06$16,389
Feb 201402,98397.406.19$18,471
Jan 2014932,99590.404.86$22,965
Dec 201303,36391.824.35$14,644
Nov 201303,20988.853.74$11,996
Oct 201303,63097.423.78$13,719
Sep 201303,227104.113.72$11,997
Aug 201303,649104.253.52$12,854
Jul 201303,781102.523.72$14,057
Jun 201302,89294.403.93$11,375
May 201303,95294.834.15$16,397
Apr 201303,73593.964.28$15,995
Mar 201304,06893.623.91$15,918
Feb 201302,63091.233.42$8,994
Jan 201303,12891.603.42$10,697
Dec 201203,81586.773.42$13,048
Nov 201203,71086.953.62$13,449
Oct 201203,92189.383.40$13,330
Sep 201203,84494.672.92$11,218
Aug 2012884,07692.662.91$20,008
Jul 201203,70185.133.02$11,180
Jun 201203,69079.822.52$9,295
May 2012534,36291.612.49$15,709
Apr 201203,687101.652.00$7,362
Mar 201204,072105.052.22$9,048
Feb 201203,835101.102.57$9,857
Jan 201203,87398.092.73$10,589
Dec 201103,93296.873.24$12,739
Nov 2011973,90095.723.31$22,199
Oct 201104,11084.983.65$14,996
Sep 201103,99983.623.99$15,939
Aug 201104,27083.404.15$17,718
Jul 201104,33294.144.52$19,569
Jun 201104,34592.904.64$20,160
May 201104,50598.134.40$19,844
Apr 201104,404105.964.33$19,084
Mar 2011934,59296.364.06$27,593
Feb 201103,99185.644.18$16,682
Jan 201104,70786.504.59$21,599
Dec 201005,31085.734.35$23,087
Nov 2010753,60580.843.80$19,745
Oct 201004,90778.103.51$17,218
Sep 201004172.633.98$163
Aug 201005,02973.684.42$22,225
Jul 201005,03272.554.74$23,834
Jun 201004,87070.364.91$23,914
May 201004,29871.124.24$18,203
Apr 201004,17881.694.12$17,225
Mar 201004,34678.394.39$19,073
Feb 2010683,67173.585.44$24,982
Jan 201004,82774.365.96$28,789
Dec 200904,71271.445.48$25,839
Nov 2009564,79974.593.75$22,180
Oct 200904,46372.544.11$18,344
Sep 200904,75165.543.06$14,561
Aug 200904,74967.423.22$15,285
Jul 200904,94461.133.46$17,128
Jun 2009794,71066.163.90$23,572
May 200904,85854.743.93$19,071
Apr 200904,71746.773.59$16,922
Mar 200905,20142.144.06$21,111
Feb 20091374,27932.814.63$24,320
Jan 200904,86635.865.37$26,135
Dec 200804,84337.105.98$28,947
Nov 200804,84555.496.86$33,238
Oct 200804,99275.246.92$34,555
Sep 200804,658101.767.88$36,691
Aug 2008794,779114.228.48$49,564
Jul 200805,297131.0811.39$60,330
Jun 200805,050131.3313.03$65,815
May 2008854,751123.1711.57$65,459
Apr 200804,484110.3110.45$46,880
Mar 200805,273101.909.66$50,959
Feb 2008795,05692.538.77$51,654
Jan 200805,07790.388.21$41,660
Dec 20071714,65088.337.30$49,059
Nov 200704,44191.677.29$32,382
Oct 200705,34982.856.92$37,026
Sep 200705,13775.846.24$32,076
Aug 200704,90469.066.39$31,326
Jul 200704,49870.906.39$28,733
Jun 200704,50262.007.55$33,983
May 20071374,41958.747.85$42,720
Apr 200704,99759.617.81$39,003
Mar 200705,38056.927.30$39,285
Feb 200704,49455.108.22$36,923
Jan 200703,12250.306.73$21,001
Dec 2006984,05156.656.92$33,578
Nov 200604,91754.207.62$37,455
Oct 200605,19854.906.01$31,260
Sep 200605,05460.085.04$25,458
Aug 20061695,42068.717.34$51,394
Jul 200605,49669.376.34$34,860
Jun 200605,28566.286.38$33,739
May 200605,20166.016.42$33,416
Apr 200605,46664.397.36$40,232
Mar 200604,64556.707.08$32,900
Feb 2006653,64557.597.75$31,996
Jan 200605,60260.598.93$50,044
Dec 20051725,80054.9413.42$87,259
Nov 200505,88754.6910.59$62,334
Oct 200504,11458.3413.80$56,756
Sep 200504,23161.4512.08$51,106
Aug 200505,57361.519.80$54,598
Jul 20051075,53455.697.84$49,366
Jun 200505,57252.337.38$41,127
May 20051056,19545.226.65$45,952
Apr 200505,21149.207.36$38,355
Mar 200504,30450.377.15$30,795
Feb 200504,54745.226.31$28,700
Jan 200505,42243.166.32$34,279
Dec 20041105,40839.866.75$40,894
Nov 200405,43945.286.33$34,431
Oct 2004915,87449.706.52$42,792
Sep 200405,52943.245.28$29,215
Aug 200406,15942.375.55$34,187
Jul 2004946,22338.286.08$41,460
Jun 200405,87736.106.43$37,807
May 2004686,72437.486.49$46,218
Apr 200406,77234.475.86$39,673
Mar 20041007,03234.365.53$42,324
Feb 200406,55332.455.51$36,105
Jan 20042007,08932.036.30$51,064
Dec 200307,29230.266.30$45,952
Nov 200307,19428.804.60$33,058
Oct 200306,54528.174.76$31,152
Sep 2003896,41026.314.75$32,785
Aug 200306,99629.765.13$35,888
Jul 2003817,64129.415.17$41,893
Jun 200307,47628.565.98$44,729
May 2003847,58026.595.97$47,506
Apr 200307,08326.675.41$38,300
Mar 20031937,61531.146.10$52,431
Feb 200306,85933.487.93$54,364
Jan 20031027,37830.315.58$44,276
Dec 2002907,69626.914.85$39,776
Nov 200207,78224.664.14$32,194
Oct 200208,01626.464.23$33,901
Sep 200207,96427.443.64$28,951
Aug 20021718,62125.963.16$31,717
Jul 200209,24924.583.06$28,318
Jun 200209,24923.733.34$30,875
May 200207,27724.663.58$26,081
Apr 20020023.653.51$0
Mar 200205,65422.003.10$17,543
Feb 200208,12118.222.38$19,293
Jan 200208,86717.172.38$21,065
Dec 200106,31216.932.36$14,924
Nov 200105,37618.072.41$12,932
Oct 200109,35219.782.53$23,650
Sep 2001010,06824.262.25$22,666
Aug 200108,60424.873.05$26,269
Jul 200107,15023.933.20$22,859
Jun 200108,18724.563.82$31,308
May 200106,49425.524.31$27,972
Apr 200106,82024.685.34$36,387
Mar 200109,44724.545.38$50,791
Feb 200105,87027.755.77$33,853
Jan 200108,43927.478.40$70,877
Dec 200009,98526.889.12$91,088
Nov 200009,34632.215.66$52,880
Oct 200005,80931.235.15$29,890
Sep 200003,58231.875.19$18,578
Aug 200005,96729.644.54$27,095
Jul 200004,98328.534.09$20,379
Jun 200007,73829.304.40$34,026
May 200006,13527.263.68$22,575
Apr 200009,97624.513.12$31,085
Mar 200005,66328.422.86$16,195
Feb 200007,53127.622.73$20,533
Jan 200006,93325.272.48$17,197
Dec 199909,14924.282.42$22,175
Nov 199907,28723.192.43$17,736
Oct 199909,64620.982.80$27,045
Sep 1999012,55721.752.62$32,885
Aug 199906,91719.262.88$19,891
Jul 199906,67817.892.37$15,843
Jun 1999013,82615.942.36$32,658
May 1999013,00715.792.32$30,190
Apr 19990015.102.21$0
Mar 199901,95912.471.84$3,601
Feb 199906,8469.981.82$12,445
Jan 199905,67810.381.90$10,788
Dec 199804,0869.201.77$7,246
Nov 199803,61310.892.19$7,897
Oct 1998011,68812.421.97$23,016
Sep 199809,81312.592.08$20,437
Aug 1998012,75411.301.91$24,326
Jul 1998011,52411.742.24$25,782
Jun 1998011,72711.242.24$26,236
May 1998011,06612.622.21$24,415
Apr 1998013,16513.042.51$32,983
Mar 1998010,42112.802.31$24,067
Feb 1998012,59713.952.30$28,962
Jan 1998014,60614.702.15$31,473
Dec 1997014,23616.322.41$34,324
Nov 1997017,38518.193.09$53,689
Oct 1997010,16919.253.15$32,031
Sep 199706,73817.742.95$19,910
Aug 1997010,67417.862.55$27,269
Jul 1997011,69017.582.25$26,267
Jun 1997010,89417.242.26$24,590
May 1997013,53418.972.31$31,243
Apr 1997010,09117.882.08$21,017
Mar 1997014,22318.951.94$27,580
Feb 1997013,59120.492.21$29,980
Jan 1997314,93123.483.54$52,922
Dec 1996015,02023.32$0
Nov 199606,51021.97$0
Oct 1996014,43223.31$0
Sep 199607,69222.22$0
Aug 199607,43220.26$0
Jul 199609,70519.55$0
Jun 1996013,19018.73$0
May 1996012,76219.43$0
Apr 1996012,60821.51$0
Mar 1996213,19219.38$39
Feb 1996016,92616.98$0
Jan 199617,72917.07$17
Dec 1995116,23917.19$17
Nov 1995016,99416.00$0
Oct 1995516,02115.43$77
Sep 1995420,34316.18$65
Aug 1995117,26515.92$16
Jul 1995623,13515.24$91
Jun 199511,21616.41$16
May 199501,08317.56$0
Apr 199514,35617.73$18
Mar 199516,41316.44$16
Feb 199514,53516.58$17
Jan 199502,25115.92$0
Dec 199406,40615.03$0
Nov 199412,34815.90$16
Oct 199406,23815.58$0
Sep 199406,26215.29$0
Aug 199415,37216.13$16
Jul 199417,45917.56$18
Jun 199419,67817.09$17
May 199401,22415.88$0
Apr 19940014.14$0
Mar 199402,61912.46$0
Feb 199404,41812.50$0
Jan 199404,46612.66$0
Dec 199304,83512.33$0
Nov 199302,98614.49$0
Oct 199305,06615.85$0
Sep 199304,54915.03$0
Aug 199305,09515.66$0
Jul 199305,49615.46$0
Jun 199305,79216.79$0
May 199305,84417.68$0
Apr 199306,45018.05$0
Mar 199308,70118.14$0
Feb 199308,50117.90$0
Jan 1993063716.93$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                  373 Mcf  × $  3.05 =     $1,136

────────────────────────────────────────────────────
Month total                                   $1,136

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/128196 is the state's own key, not one this site invented.