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 131282District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$14.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$219 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
NGPA2none

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
CondensateDisposition36,813 bbl$1,155,146
GasProduction5,987,161 Mcf$13,765,924
Total$14,921,070

2,576,173 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 27.6631, -99.0481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66308, -99.04805 · 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
10,000 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 10,000 ft.

Completions filed
Apr 1989
1 of 1 wells

1 well

42-479348255810,000 ftApr 1989

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 2026224,689106.413.05$16,623
Apr 2026314,50198.932.87$15,983
Mar 2026114,62789.753.15$15,560
Feb 2026274,29463.503.75$17,818
Jan 2026114,53259.138.00$36,897
Dec 2025214,61456.664.41$21,553
Nov 2025244,49858.593.93$19,067
Oct 2025174,66659.383.30$16,430
Sep 2025114,41762.743.08$14,281
Aug 2025114,58363.933.01$14,520
Jul 2025204,72966.743.32$17,012
Jun 202504,29666.483.13$13,441
May 2025214,59460.553.23$16,121
Apr 2025194,50862.363.54$17,157
Mar 2025104,72267.704.27$20,832
Feb 2025314,31470.884.34$20,924
Jan 2025104,56074.324.28$20,254
Dec 2024214,17768.993.12$14,487
Nov 2024204,57169.052.20$11,430
Oct 202404,71271.372.28$10,750
Sep 2024104,86069.612.36$12,187
Aug 2024194,84875.632.06$11,441
Jul 2024204,94879.932.15$12,220
Jun 2024134,71878.082.63$13,442
May 202494,93578.812.20$11,559
Apr 202494,89084.451.66$8,874
Mar 2024134,92180.301.55$8,647
Feb 202444,36676.091.78$8,092
Jan 2024104,92373.023.30$16,965
Dec 202344,96771.262.61$13,252
Nov 2023164,79177.892.81$14,697
Oct 202354,81485.443.09$15,289
Sep 2023114,51689.042.74$13,331
Aug 202354,83980.522.67$13,337
Jul 2023114,78374.852.64$13,459
Jun 2023104,64768.962.26$11,185
May 2023104,84570.622.23$11,498
Apr 202354,37578.122.24$10,181
Mar 202394,71572.852.39$11,939
Feb 202304,17275.112.47$10,287
Jan 202364,15176.533.39$14,522
Dec 2022104,64276.415.73$27,358
Nov 202204,33485.005.65$24,471
Oct 202244,79187.185.86$28,442
Sep 202204,49584.888.16$36,696
Aug 2022104,38194.529.13$40,931
Jul 202244,439101.587.54$33,886
Jun 202204,545115.097.98$36,256
May 202254,476109.378.43$38,293
Apr 202264,552104.226.84$31,750
Mar 202204,556108.885.08$23,128
Feb 2022134,18691.054.86$21,523
Jan 202274,79581.844.54$22,331
Dec 202174,98871.323.90$19,948
Nov 202184,46477.435.24$23,997
Oct 202104,67379.795.71$26,701
Sep 2021164,66469.865.35$26,074
Aug 202184,92266.024.22$21,302
Jul 2021174,86370.783.98$20,568
Jun 202194,41469.493.38$15,547
May 2021214,58663.483.02$15,172
Apr 202104,73160.362.76$13,050
Mar 2021344,72161.302.72$14,911
Feb 2021113,80857.805.55$21,762
Jan 2021274,68250.412.81$14,519
Dec 2020135,05544.642.68$14,105
Nov 202004,94038.772.71$13,370
Oct 202005,09636.972.48$12,630
Sep 202005,01837.091.99$9,991
Aug 202005,29639.982.39$12,631
Jul 202004,88338.371.83$8,912
Jun 202084,74934.901.69$8,306
May 202035,11916.921.81$9,340
Apr 202064,66414.751.80$8,504
Mar 202064,65030.341.86$8,814
Feb 2020134,76249.881.98$10,080
Jan 202094,76057.252.09$10,486
Dec 201964,11859.012.30$9,843
Nov 2019154,59655.302.75$13,472
Oct 2019194,67653.472.42$12,325
Sep 2019184,48455.052.66$12,906
Aug 201994,48153.112.30$10,804
Jul 2019194,47856.272.46$12,085
Jun 2019164,04752.782.49$10,926
May 2019294,10958.482.74$12,956
Apr 2019434,49962.632.75$15,068
Mar 2019444,56356.803.06$16,472
Feb 2019454,35150.852.79$14,437
Jan 2019624,41946.033.23$17,119
Dec 2018293,02346.594.19$14,004
Nov 2018274,56952.934.24$20,789
Oct 2018294,90861.443.40$18,460
Sep 2018274,08259.543.11$14,294
Aug 2018184,39259.403.07$14,538
Jul 2018194,64765.142.93$14,862
Jun 2018235,70460.183.08$18,935
May 201855,15165.382.90$15,269
Apr 2018134,94963.842.90$15,186
Mar 2018195,30161.222.79$15,936
Feb 201844,96561.782.77$13,981
Jan 2018195,52062.874.01$23,326
Dec 201784,52057.272.92$13,663
Nov 201784,52255.423.12$14,545
Oct 201735,32149.292.98$16,024
Sep 201735,18147.523.09$16,138
Aug 201715,69745.373.00$17,161
Jul 201735,95443.873.09$18,513
Jun 201715,48042.493.09$16,961
May 201736,15045.373.26$20,206
Apr 201706,08147.933.21$19,530
Mar 201705,87546.772.98$17,529
Feb 201705,15050.452.95$15,206
Jan 201705,45349.413.42$18,643
Dec 201605,91848.763.72$22,032
Nov 2016184,82942.492.64$13,534
Oct 2016276,34546.193.09$20,855
Sep 2016425,95441.553.10$20,206
Aug 2016398,28641.442.92$25,847
Jul 2016296,12241.622.92$19,110
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20162461936.561.99$2,110
Mar 2016721,32633.011.79$4,756
Feb 2016991,32626.472.06$5,357
Jan 20161954,67427.352.36$16,384
Dec 20151523,96632.362.00$12,856
Nov 20152036,59938.792.17$22,177
Oct 20152526,74443.552.43$27,339
Sep 20151596,47142.992.76$24,685
Aug 201507,02240.162.87$20,171
Jul 201507,08548.152.95$20,866
Jun 201506,62156.152.88$19,087
May 201507,34555.212.96$21,708
Apr 201587,20249.822.71$19,891
Mar 20151637,14042.892.93$27,945
Feb 20152054,86644.662.98$23,637
Jan 20151444,33743.433.10$19,701
Dec 20142196,64454.693.59$35,838
Nov 20141837,00270.464.25$42,666
Oct 201408,76078.303.90$34,172
Sep 201403,39386.164.05$13,726
Aug 201406,60689.394.04$26,656
Jul 201407,14196.564.18$29,847
Jun 201407,26198.164.74$34,394
May 201407,59894.734.73$35,912
Apr 201407,16095.944.81$34,433
Mar 201407,58395.895.06$38,346
Feb 201406,72597.406.19$41,641
Jan 201407,49790.404.86$36,441
Dec 201307,29791.824.35$31,775
Nov 201306,63188.853.74$24,789
Oct 201307,80397.423.78$29,490
Sep 2013177,402104.113.72$29,289
Aug 2013728,158104.253.52$36,243
Jul 20131148,469102.523.72$43,173
Jun 2013676,91094.403.93$33,505
May 20131038,20494.834.15$43,807
Apr 2013857,87393.964.28$41,703
Mar 2013918,08493.623.91$40,151
Feb 201307,22091.233.42$24,692
Jan 201308,00191.603.42$27,363
Dec 201207,67186.773.42$26,236
Nov 201207,75886.953.62$28,122
Oct 201207,95689.383.40$27,048
Sep 201207,74594.672.92$22,603
Aug 201208,13892.662.91$23,667
Jul 201208,38285.133.02$25,320
Jun 201207,88879.822.52$19,870
May 201208,16491.612.49$20,315
Apr 201208,244101.652.00$16,462
Mar 201208,643105.052.22$19,205
Feb 201208,682101.102.57$22,315
Jan 201207,60298.092.73$20,784
Dec 201108,08896.873.24$26,203
Nov 201108,31795.723.31$27,540
Oct 201168,70784.983.65$32,278
Sep 2011338,59283.623.99$37,005
Aug 2011538,68783.404.15$40,465
Jul 2011418,71294.144.52$43,214
Jun 2011488,76592.904.64$45,128
May 2011499,23098.134.40$45,465
Apr 2011498,873105.964.33$43,641
Mar 201109,09796.364.06$36,910
Feb 201107,63485.644.18$31,910
Jan 201108,90586.504.59$40,863
Dec 201008,80785.734.35$38,291
Nov 201008,74980.843.80$33,205
Oct 2010189,39678.103.51$34,375
Sep 20101138,84672.633.98$43,410
Aug 2010599,14973.684.42$44,780
Jul 2010679,10772.554.74$47,996
Jun 2010818,95770.364.91$49,682
May 2010828,79771.124.24$43,089
Apr 2010688,04881.694.12$38,734
Mar 201008,41678.394.39$36,935
Feb 201007,80373.585.44$42,467
Jan 201009,04774.365.96$53,957
Dec 200909,39671.445.48$51,525
Nov 200909,70374.593.75$36,401
Oct 200967,95272.544.11$33,120
Sep 2009998,13565.543.06$31,420
Aug 2009818,95367.423.22$34,276
Jul 20091079,54961.133.46$39,623
Jun 20091549,90066.163.90$48,749
May 200915610,31654.743.93$49,037
Apr 200912110,16046.773.59$42,108
Mar 200915210,45542.144.06$48,842
Feb 2009919,29432.814.63$46,045
Jan 200913010,21835.865.37$59,543
Dec 200814110,44137.105.98$67,638
Nov 200813010,14355.496.86$76,798
Oct 200816010,10975.246.92$82,013
Sep 20081839,791101.767.88$95,747
Aug 200816210,241114.228.48$105,378
Jul 200816410,027131.0811.39$135,699
Jun 200818510,017131.3313.03$154,844
May 200818510,515123.1711.57$144,490
Apr 200819810,119110.3110.45$127,634
Mar 200819011,283101.909.66$128,401
Feb 200815410,12492.538.77$103,043
Jan 200818210,93290.388.21$106,154
Dec 200721311,34788.337.30$101,670
Nov 200722411,48191.677.29$104,250
Oct 200712411,29882.856.92$88,478
Sep 2007011,12175.846.24$69,441
Aug 2007012,12169.066.39$77,428
Jul 2007011,95970.906.39$76,393
Jun 2007011,76162.007.55$88,777
May 2007612,34158.747.85$97,183
Apr 20075211,78559.617.81$95,084
Mar 20079212,26456.927.30$94,788
Feb 20079611,79255.108.22$102,173
Jan 20079612,75550.306.73$90,630
Dec 200610112,73656.656.92$93,835
Nov 20067712,73754.207.62$101,197
Oct 200611513,71054.906.01$88,763
Sep 200616814,60460.085.04$83,657
Aug 200616418,65368.717.34$148,180
Jul 200608,87469.376.34$56,286
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200601,00957.597.75$7,821
Jan 20060060.598.93$0
Dec 200501,05954.9413.42$14,207
Nov 2005090754.6910.59$9,604
Oct 2005045958.3413.80$6,332
Sep 2005019061.4512.08$2,295
Aug 2005026161.519.80$2,557
Jul 200505,25155.697.84$41,187
Jun 200508,04152.337.38$59,351
May 200539,05245.226.65$60,342
Apr 2005395,47249.207.36$42,195
Mar 20056611,13850.377.15$83,015
Feb 2005596,13045.226.31$41,360
Jan 200510012,55243.166.32$83,672
Dec 2004709,50139.866.75$66,932
Nov 2004151,24745.286.33$8,573
Oct 20048612,07249.706.52$82,924
Sep 20046912,28343.245.28$67,886
Aug 20044611,31142.375.55$64,733
Jul 20046613,01638.286.08$81,718
Jun 20046013,18836.106.43$87,005
May 20046315,14837.486.49$100,741
Apr 20047014,15034.475.86$85,310
Mar 20049113,02434.365.53$75,151
Feb 20041312,85732.455.51$71,259
Jan 20041714,66032.036.30$92,897
Dec 20031013,85230.266.30$87,593
Nov 20031314,08028.804.60$65,074
Oct 20031213,84428.174.76$66,231
Sep 20031812,36326.314.75$59,190
Aug 20032013,81629.765.13$71,467
Jul 20032714,55829.415.17$76,071
Jun 20032113,98228.565.98$84,254
May 20033415,03626.595.97$90,709
Apr 20032712,91526.675.41$70,555
Mar 20032813,68531.146.10$84,296
Feb 20036713,03233.487.93$105,533
Jan 20036114,78930.315.58$84,402
Dec 20026815,01226.914.85$74,695
Nov 20026815,64524.664.14$66,400
Oct 20025015,26826.464.23$65,893
Sep 20023714,81227.443.64$54,860
Aug 20023214,46225.963.16$46,591
Jul 20024213,48924.583.06$42,332
Jun 20024415,57723.733.34$53,044
May 20024519,91724.663.58$72,492
Apr 20024916,40923.653.51$58,793
Mar 20026913,99122.003.10$44,928
Feb 20028013,67618.222.38$33,947
Jan 20028915,29017.172.38$37,852
Dec 20019317,74716.932.36$43,536
Nov 20015416,90818.072.41$41,648
Oct 20016117,22019.782.53$44,754
Sep 20014115,15324.262.25$35,109
Aug 20013111,33524.873.05$35,379
Jul 20013213,11123.933.20$42,683
Jun 20014014,92824.563.82$58,069
May 20014614,90425.524.31$65,370
Apr 20016414,61824.685.34$79,571
Mar 20015713,46524.545.38$73,793
Feb 20016113,84727.755.77$81,550
Jan 20016715,11827.478.40$128,813
Dec 20006415,10426.889.12$139,507
Nov 20005415,88732.215.66$91,628
Oct 20005816,93331.235.15$88,940
Sep 20003717,30631.875.19$90,937
Aug 20004418,27929.644.54$84,305
Jul 20005418,87728.534.09$78,743
Jun 20005919,09429.304.40$85,690
May 20005117,71827.263.68$66,588
Apr 20004217,64524.513.12$56,011
Mar 20003819,83028.422.86$57,789
Feb 20002817,53827.622.73$48,591
Jan 20003621,66925.272.48$54,660
Dec 19994524,08324.282.42$59,463
Nov 19991623,61423.192.43$57,847
Oct 19991525,22320.982.80$71,033
Sep 19991625,18221.752.62$66,296
Aug 19991621,68819.262.88$62,674
Jul 199915323,74117.892.37$59,060
Jun 199915930,52215.942.36$74,630
May 199917325,71815.792.32$62,424
Apr 199920722,18715.102.21$52,116
Mar 199922919,97612.471.84$39,578
Feb 199919818,3499.981.82$35,331
Jan 199910117,00210.381.90$33,351
Dec 19988114,8369.201.77$27,054
Nov 199811213,01710.892.19$29,671
Oct 199817728,38512.421.97$58,094
Sep 199825423,44412.592.08$52,023
Aug 199813118,70211.301.91$37,152
Jul 199816118,47811.742.24$43,230
Jun 199817617,64911.242.24$41,464
May 199815719,82612.622.21$45,724
Apr 199816220,63313.042.51$53,805
Mar 199815221,93912.802.31$52,612
Feb 199817620,36813.952.30$49,284
Jan 199815521,65014.702.15$48,930
Dec 199718022,25516.322.41$56,597
Nov 199714929,35918.193.09$93,379
Oct 199715526,11319.253.15$85,235
Sep 199734930,77717.742.95$97,134
Aug 199716423,59217.862.55$63,200
Jul 199715028,61117.582.25$66,924
Jun 199730429,99417.242.26$72,943
May 199726032,48318.972.31$79,919
Apr 199727931,13817.882.08$69,842
Mar 199713033,47218.951.94$67,370
Feb 199732429,81820.492.21$72,414
Jan 19979632,77523.483.54$118,268
Dec 199627433,90723.32$6,390
Nov 199616735,70121.97$3,669
Oct 199630337,77723.31$7,063
Sep 199614536,71322.22$3,222
Aug 199621738,14220.26$4,396
Jul 199629338,47419.55$5,728
Jun 199622038,24418.73$4,121
May 199634939,77419.43$6,781
Apr 199618139,22721.51$3,893
Mar 199636840,69419.38$7,132
Feb 199619537,90816.98$3,311
Jan 199618642,01517.07$3,175
Dec 199536442,56917.19$6,257
Nov 199518142,71516.00$2,896
Oct 199537244,75115.43$5,740
Sep 199532043,99116.18$5,178
Aug 199518546,74315.92$2,945
Jul 199536243,72615.24$5,517
Jun 199530444,47316.41$4,989
May 199535647,81117.56$6,251
Apr 199517947,01117.73$3,174
Mar 199536749,32216.44$6,033
Feb 199535945,99916.58$5,952
Jan 199536652,01715.92$5,827
Dec 199431653,50915.03$4,749
Nov 199432552,18215.90$5,168
Oct 199431555,85515.58$4,908
Sep 199435655,40715.29$5,443
Aug 199450358,09816.13$8,113
Jul 199434459,46317.56$6,041
Jun 199435660,30017.09$6,084
May 199435956,79115.88$5,701
Apr 199452557,98614.14$7,424
Mar 199451761,77412.46$6,442
Feb 199451557,88012.50$6,438
Jan 199435364,38712.66$4,469
Dec 199350966,41812.33$6,276
Nov 199349766,59214.49$7,202
Oct 199354369,14215.85$8,607
Sep 199353069,35315.03$7,966
Aug 199348072,44815.66$7,517
Jul 199368772,41915.46$10,621
Jun 199353571,91016.79$8,983
May 199354676,38217.68$9,653
Apr 199372577,31118.05$13,086
Mar 199373185,24818.14$13,260
Feb 199355369,70117.90$9,899
Jan 199355575,91316.93$9,396

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            22 bbl  × $106.41 =     $2,341
Gas                4,689 Mcf  × $  3.05 =    $14,282

────────────────────────────────────────────────────
Month total                                  $16,623

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/131282 is the state's own key, not one this site invented.