LA PERLA

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

Gas lease lease 132235District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$146 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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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
High Cost Gas111989-11-28121265
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
CondensateDisposition825 bbl$14,417
GasProduction7,447,723 Mcf$21,436,150
Total$21,450,566

2,467,497 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 27.1778, -99.3363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17779, -99.33634 · 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
10,365 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 10,365 ft.

Completions filed
Oct 1989
1 of 1 wells

1 well

42-505325649310,365 ftOct 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 2026026,971106.413.05$82,149
Apr 2026011,05098.932.87$31,710
Mar 202601,28089.753.15$4,031
Feb 202601,14863.503.75$4,305
Jan 202601,28959.138.00$10,309
Dec 202501,29156.664.41$5,698
Nov 202501,13858.593.93$4,468
Oct 2025099559.383.30$3,288
Sep 20250062.743.08$0
Aug 202501263.933.01$36
Jul 202501166.743.32$36
Jun 202501766.483.13$53
May 202509,63460.553.23$31,140
Apr 2025022,23662.363.54$78,785
Mar 202505,54567.704.27$23,668
Feb 202504,79570.884.34$20,814
Jan 202504,17874.324.28$17,876
Dec 202403,51368.993.12$10,965
Nov 202406,21869.052.20$13,670
Oct 202406,24071.372.28$14,236
Sep 202406,59069.612.36$15,581
Aug 202405,38075.632.06$11,102
Jul 202404,87579.932.15$10,465
Jun 202404,63578.082.63$12,209
May 202404,50478.812.20$9,902
Apr 202404,44384.451.66$7,372
Mar 202404,48080.301.55$6,922
Feb 202404,33476.091.78$7,730
Jan 202404,52773.023.30$14,929
Dec 202304,53171.262.61$11,829
Nov 202304,29177.892.81$12,047
Oct 202304,42985.443.09$13,674
Sep 202304,48989.042.74$12,278
Aug 202304,91380.522.67$13,132
Jul 202305,81374.852.64$15,357
Jun 202304,83368.962.26$10,915
May 202304,70170.622.23$10,471
Apr 202305,35778.122.24$11,988
Mar 202305,30672.852.39$12,698
Feb 202305,00175.112.47$12,331
Jan 202305,17476.533.39$17,528
Dec 202205,39976.415.73$30,931
Nov 202206,25485.005.65$35,311
Oct 202206,41087.185.86$37,587
Sep 202206,39484.888.16$52,199
Aug 202206,58894.529.13$60,130
Jul 202206,626101.587.54$49,974
Jun 202206,655115.097.98$53,088
May 202206,447109.378.43$54,368
Apr 202205,767104.226.84$39,432
Mar 202205,844108.885.08$29,666
Feb 202205,20791.054.86$25,300
Jan 202206,04281.844.54$27,417
Dec 202106,00871.323.90$23,426
Nov 202105,19677.435.24$27,211
Oct 202105,27079.795.71$30,112
Sep 202104,75269.865.35$25,428
Aug 202104,35466.024.22$18,376
Jul 202104,36670.783.98$17,386
Jun 202103,53869.493.38$11,961
May 202103,56963.483.02$10,770
Apr 202102,98260.362.76$8,226
Mar 202102,25561.302.72$6,127
Feb 2021032257.805.55$1,786
Jan 20210050.412.81$0
Dec 202004,21844.642.68$11,285
Nov 202006,02538.772.71$16,307
Oct 202006,42136.972.48$15,914
Sep 202005,37737.091.99$10,706
Aug 202005,86339.982.39$13,984
Jul 202008,27938.371.83$15,110
Jun 202009,06134.901.69$15,316
May 202009,07816.921.81$16,474
Apr 202007,99114.751.80$14,419
Mar 202008,53130.341.86$15,836
Feb 202009,03649.881.98$17,897
Jan 202008,63257.252.09$18,082
Dec 201908,72759.012.30$20,110
Nov 201908,30855.302.75$22,853
Oct 201908,48753.472.42$20,526
Sep 201908,90255.052.66$23,655
Aug 201909,96553.112.30$22,963
Jul 201909,47556.272.46$23,309
Jun 201908,91952.782.49$22,219
May 201909,65158.482.74$26,447
Apr 201908,96462.632.75$24,657
Mar 201909,51056.803.06$29,121
Feb 201908,45050.852.79$23,594
Jan 201909,85046.033.23$31,798
Dec 201809,60346.594.19$40,193
Nov 201809,68152.934.24$41,021
Oct 2018010,20361.443.40$34,671
Sep 201809,79459.543.11$30,440
Aug 201809,74159.403.07$29,871
Jul 201809,93565.142.93$29,128
Jun 2018010,14460.183.08$31,212
May 201809,95865.382.90$28,886
Apr 201807,65763.842.90$22,211
Mar 201808,43661.222.79$23,510
Feb 201807,76061.782.77$21,465
Jan 201808,38462.874.01$33,614
Dec 201709,52757.272.92$27,833
Nov 201709,75155.423.12$30,407
Oct 201709,44249.292.98$28,172
Sep 201709,15547.523.09$28,264
Aug 201709,39745.373.00$28,232
Jul 201709,11843.873.09$28,150
Jun 201709,50742.493.09$29,351
May 201709,21845.373.26$30,082
Apr 201709,34147.933.21$30,000
Mar 201709,80746.772.98$29,261
Feb 201708,35150.452.95$24,657
Jan 2017010,68949.413.42$36,544
Dec 2016011,91148.763.72$44,343
Nov 2016011,06942.492.64$29,270
Oct 2016010,05746.193.09$31,079
Sep 201609,19241.553.10$28,501
Aug 201608,88241.442.92$25,974
Jul 201608,44441.622.92$24,693
Jun 201609,65745.352.69$25,937
May 2016010,20242.521.99$20,313
Apr 2016010,25536.561.99$20,418
Mar 2016010,48533.011.79$18,810
Feb 201609,85226.472.06$20,331
Jan 201608,91827.352.36$21,085
Dec 201505,79232.362.00$11,592
Nov 201507,93538.792.17$17,198
Oct 2015011,11643.552.43$26,974
Sep 2015011,44542.992.76$31,570
Aug 201508,97140.162.87$25,769
Jul 2015013,41748.152.95$39,514
Jun 2015017,99456.152.88$51,874
May 201508,13655.212.96$24,046
Apr 201507,19249.822.71$19,466
Mar 2015012,34642.892.93$36,232
Feb 2015010,61444.662.98$31,589
Jan 201509,47243.433.10$29,369
Dec 201407,84854.693.59$28,185
Nov 201406,34670.464.25$26,982
Oct 2014011,09878.303.90$43,293
Sep 2014012,98086.164.05$52,510
Aug 2014013,90789.394.04$56,116
Jul 2014011,86896.564.18$49,603
Jun 2014013,53398.164.74$64,104
May 2014017,54994.734.73$82,946
Apr 2014054595.944.81$2,621
Mar 201403,55495.895.06$17,972
Feb 2014010,09297.406.19$62,490
Jan 2014011,81590.404.86$57,429
Dec 2013010,95391.824.35$47,695
Nov 2013011,69588.853.74$43,719
Oct 2013012,60797.423.78$47,646
Sep 2013010,859104.113.72$40,371
Aug 2013012,338104.253.52$43,462
Jul 2013013,020102.523.72$48,405
Jun 2013014,81194.403.93$58,258
May 2013014,51294.834.15$60,211
Apr 201309,53993.964.28$40,852
Mar 201308,64693.623.91$33,831
Feb 201308,22291.233.42$28,119
Jan 201303,01191.603.42$10,297
Dec 201203,54186.773.42$12,111
Nov 201209,95386.953.62$36,079
Oct 2012010,75989.383.40$36,577
Sep 2012010,90594.672.92$31,825
Aug 2012010,52692.662.91$30,611
Jul 2012010,96985.133.02$33,135
Jun 2012010,15579.822.52$25,581
May 2012011,06491.612.49$27,531
Apr 2012011,794101.652.00$23,550
Mar 2012012,326105.052.22$27,389
Feb 2012011,838101.102.57$30,427
Jan 2012013,42398.092.73$36,700
Dec 2011011,43696.873.24$37,050
Nov 2011014,20695.723.31$47,040
Oct 2011016,42384.983.65$59,920
Sep 2011020,33483.623.99$81,047
Aug 2011030,76983.404.15$127,670
Jul 2011017,24594.144.52$77,900
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110995105.964.33$4,312
Mar 2011011,23296.364.06$45,572
Feb 2011010,02285.644.18$41,892
Jan 2011010,36286.504.59$47,549
Dec 201009,61285.734.35$41,791
Nov 201009,83180.843.80$37,312
Oct 2010010,86078.103.51$38,107
Sep 2010010,36672.633.98$41,251
Aug 2010010,53573.684.42$46,558
Jul 201009,35472.554.74$44,305
Jun 2010010,43470.364.91$51,235
May 2010012,30171.124.24$52,097
Apr 2010011,96281.694.12$49,316
Mar 2010012,53778.394.39$55,021
Feb 2010011,45673.585.44$62,348
Jan 2010012,70974.365.96$75,798
Dec 2009013,01971.445.48$71,393
Nov 2009012,97674.593.75$48,679
Oct 2009012,03572.544.11$49,467
Sep 2009012,77065.543.06$39,137
Aug 2009016,85067.423.22$54,232
Jul 2009012,32561.133.46$42,700
Jun 2009012,35966.163.90$48,138
May 2009011,68254.743.93$45,861
Apr 2009014,24946.773.59$51,118
Mar 2009012,37442.144.06$50,226
Feb 2009012,33432.814.63$57,143
Jan 2009014,11635.865.37$75,817
Dec 2008013,99637.105.98$83,656
Nov 2008013,96255.496.86$95,784
Oct 2008015,22075.246.92$105,353
Sep 2008013,366101.767.88$105,285
Aug 2008015,165114.228.48$128,645
Jul 2008014,122131.0811.39$160,842
Jun 2008015,146131.3313.03$197,392
May 2008017,836123.1711.57$206,439
Apr 2008015,979110.3110.45$167,058
Mar 2008014,291101.909.66$138,109
Feb 2008015,28292.538.77$134,032
Jan 2008017,61990.388.21$144,577
Dec 2007023,71288.337.30$173,144
Nov 200706,32791.677.29$46,135
Oct 2007014,22382.856.92$98,451
Sep 2007015,60175.846.24$97,415
Aug 2007016,94169.066.39$108,218
Jul 2007017,21070.906.39$109,936
Jun 2007018,90462.007.55$142,696
May 2007019,28458.747.85$151,308
Apr 200706,44959.617.81$50,336
Mar 2007016,77056.927.30$122,454
Feb 2007015,16355.108.22$124,579
Jan 2007017,40250.306.73$117,061
Dec 2006016,90256.656.92$116,935
Nov 2006017,87654.207.62$136,170
Oct 2006017,83154.906.01$107,232
Sep 2006013,81260.085.04$69,574
Aug 2006018,12968.717.34$133,065
Jul 2006017,93469.376.34$113,751
Jun 2006017,39866.286.38$111,067
May 2006016,50666.016.42$106,051
Apr 2006019,39464.397.36$142,749
Mar 2006021,04556.707.08$149,060
Feb 200609,56657.597.75$74,147
Jan 2006017,87360.598.93$159,665
Dec 2005018,24054.9413.42$244,697
Nov 2005017,13754.6910.59$181,453
Oct 2005018,16158.3413.80$250,545
Sep 2005017,54861.4512.08$211,962
Aug 2005018,67961.519.80$182,995
Jul 2005019,90555.697.84$156,128
Jun 2005017,45352.337.38$128,821
May 2005017,47545.226.65$116,229
Apr 2005011,55249.207.36$85,028
Mar 2005017,94050.377.15$128,359
Feb 2005016,58845.226.31$104,702
Jan 2005018,76643.166.32$118,642
Dec 2004018,23839.866.75$123,126
Nov 2004018,38045.286.33$116,353
Oct 2004018,83649.706.52$122,718
Sep 2004018,46143.245.28$97,546
Aug 2004019,37742.375.55$107,555
Jul 2004019,92238.286.08$121,209
Jun 20041618,65036.106.43$120,553
May 2004019,58637.486.49$127,203
Apr 2004019,08734.475.86$111,820
Mar 2004019,56134.365.53$108,175
Feb 2004018,44432.455.51$101,619
Jan 2004019,73132.036.30$124,298
Dec 2003019,65130.266.30$123,834
Nov 2003019,64028.804.60$90,249
Oct 2003022,20428.174.76$105,683
Sep 2003018,67626.314.75$88,699
Aug 2003021,67729.765.13$111,197
Jul 2003024,49729.415.17$126,670
Jun 2003013,51228.565.98$80,842
May 2003020,51526.595.97$122,530
Apr 2003019,74826.675.41$106,783
Mar 2003021,21731.146.10$129,340
Feb 2003020,64933.487.93$163,662
Jan 2003318,97930.315.58$106,032
Dec 2002022,02126.914.85$106,885
Nov 2002021,81024.664.14$90,227
Oct 2002020,57926.464.23$87,031
Sep 2002021,69127.443.64$78,851
Aug 2002022,47125.963.16$71,102
Jul 2002022,84324.583.06$69,940
Jun 2002021,93923.733.34$73,238
May 2002022,74724.663.58$81,525
Apr 2002022,69123.653.51$79,698
Mar 2002023,27522.003.10$72,216
Feb 2002021,72418.222.38$51,609
Jan 2002025,09817.172.38$59,625
Dec 2001025,77416.932.36$60,940
Nov 2001027,96818.072.41$67,278
Oct 2001029,12819.782.53$73,661
Sep 2001011,12324.262.25$25,041
Aug 2001017,93224.873.05$54,749
Jul 2001024,46223.933.20$78,207
Jun 2001024,45024.563.82$93,501
May 2001025,54025.524.31$110,009
Apr 2001024,93024.685.34$133,010
Mar 2001028,56924.545.38$153,600
Feb 2001026,09727.755.77$150,503
Jan 2001029,24027.478.40$245,580
Dec 2000047,62926.889.12$434,496
Nov 200011,19332.215.66$6,782
Oct 200007,60231.235.15$39,116
Sep 2000025,42231.875.19$131,851
Aug 20004927,31229.644.54$125,469
Jul 2000026,24828.534.09$107,348
Jun 2000023,23329.304.40$102,161
May 2000026,59227.263.68$97,852
Apr 2000024,02224.513.12$74,853
Mar 2000024,71628.422.86$70,682
Feb 2000022,96327.622.73$62,609
Jan 2000026,56925.272.48$65,904
Dec 1999025,86024.282.42$62,677
Nov 1999025,13123.192.43$61,169
Oct 1999027,71520.982.80$77,705
Sep 1999027,49621.752.62$72,008
Aug 1999026,41719.262.88$75,965
Jul 1999025,64317.892.37$60,835
Jun 1999028,51015.942.36$67,343
May 1999029,47915.792.32$68,421
Apr 1999027,28815.102.21$60,253
Mar 1999029,17412.471.84$53,631
Feb 1999025,8849.981.82$47,052
Jan 1999028,83210.381.90$54,779
Dec 1998029,0979.201.77$51,598
Nov 1998028,44810.892.19$62,179
Oct 1998030,10612.421.97$59,285
Sep 19988030,02512.592.08$63,538
Aug 1998029,42911.301.91$56,131
Jul 1998030,30011.742.24$67,789
Jun 1998029,08611.242.24$65,073
May 1998030,41312.622.21$67,101
Apr 1998030,10013.042.51$75,410
Mar 1998031,51112.802.31$72,773
Feb 1998028,61213.952.30$65,783
Jan 1998031,56814.702.15$68,022
Dec 1997031,86916.322.41$76,839
Nov 19978331,90618.193.09$100,044
Oct 1997033,97219.253.15$107,006
Sep 1997034,96917.742.95$103,329
Aug 1997042,80117.862.55$109,345
Jul 1997036,44117.582.25$81,881
Jun 1997031,19317.242.26$70,409
May 1997018,52518.972.31$42,765
Apr 1997130,86117.882.08$64,295
Mar 1997229,54018.951.94$57,320
Feb 1997131,67920.492.21$69,901
Jan 1997037,06923.483.54$131,213
Dec 1996135,98023.32$23
Nov 1996136,11021.97$22
Oct 1996137,46223.31$23
Sep 1996035,55822.22$0
Aug 1996036,10420.26$0
Jul 1996036,36519.55$0
Jun 1996036,83418.73$0
May 1996039,78719.43$0
Apr 1996038,60621.51$0
Mar 1996039,94619.38$0
Feb 1996037,92916.98$0
Jan 1996040,96117.07$0
Dec 19954039,69117.19$688
Nov 1995039,86616.00$0
Oct 1995043,19715.43$0
Sep 1995041,36716.18$0
Aug 1995044,32115.92$0
Jul 1995045,66515.24$0
Jun 1995044,02816.41$0
May 1995046,86517.56$0
Apr 1995048,57517.73$0
Mar 1995148,98016.44$16
Feb 199514645,72816.58$2,421
Jan 1995049,68915.92$0
Dec 1994057,19715.03$0
Nov 1994050,82315.90$0
Oct 1994055,54415.58$0
Sep 1994061,42615.29$0
Aug 1994050,20616.13$0
Jul 1994068,19817.56$0
Jun 1994065,00617.09$0
May 1994067,33115.88$0
Apr 1994054,86914.14$0
Mar 1994056,72712.46$0
Feb 1994050,82312.50$0
Jan 1994156,85912.66$13
Dec 1993259,22912.33$25
Nov 199315359,00914.49$2,217
Oct 1993061,28315.85$0
Sep 1993060,89615.03$0
Aug 1993061,19915.66$0
Jul 1993060,36515.46$0
Jun 1993068,24616.79$0
May 1993063,93717.68$0
Apr 19939775,69018.05$1,751
Mar 1993067,58418.14$0
Feb 1993065,85717.90$0
Jan 199314679,57916.93$2,472

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               26,971 Mcf  × $  3.05 =    $82,149

────────────────────────────────────────────────────
Month total                                  $82,149

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/132235 is the state's own key, not one this site invented.