LINCOLN, W.P. 1312

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

Gas lease lease 132894District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$68 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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
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: STATEWIDE RULES. NO P-15 & PLAT.

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 Gas111990-05-25121696
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
CondensateDisposition21,879 bbl$418,894
GasProduction3,916,410 Mcf$7,115,346
Total$7,534,239

2,147,077 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 27.7937, -99.1200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79374, -99.11995 · 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
7,900 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 7,900 ft.

1 well

42-4793493757,900 ft

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 202601,139106.413.05$3,469
Apr 202601,66598.932.87$4,778
Mar 202601,56889.753.15$4,938
Feb 202601,37663.503.75$5,160
Jan 202601,47859.138.00$11,821
Dec 202501,44356.664.41$6,368
Nov 202501,51258.593.93$5,937
Oct 202501,60259.383.30$5,294
Sep 202501,58562.743.08$4,877
Aug 202501,59663.933.01$4,812
Jul 202501,69966.743.32$5,633
Jun 202501,59266.483.13$4,981
May 202501,56560.553.23$5,059
Apr 202501,48762.363.54$5,269
Mar 202501,45267.704.27$6,198
Feb 202501,37370.884.34$5,960
Jan 202501,64974.324.28$7,056
Dec 202401,62568.993.12$5,072
Nov 202401,62869.052.20$3,579
Oct 202401,76871.372.28$4,034
Sep 202401,53069.612.36$3,617
Aug 202401,64875.632.06$3,401
Jul 202401,45879.932.15$3,130
Jun 202401,46178.082.63$3,848
May 202401,60878.812.20$3,535
Apr 202401,53984.451.66$2,554
Mar 202411,57680.301.55$2,515
Feb 202401,52376.091.78$2,716
Jan 202401,58373.023.30$5,220
Dec 202301,73371.262.61$4,524
Nov 202301,60577.892.81$4,506
Oct 202301,66085.443.09$5,125
Sep 202301,65089.042.74$4,513
Aug 202301,72680.522.67$4,613
Jul 202301,70674.852.64$4,507
Jun 202301,67668.962.26$3,785
May 202301,76470.622.23$3,929
Apr 202301,78678.122.24$3,997
Mar 202301,68672.852.39$4,035
Feb 202301,62075.112.47$3,994
Jan 202301,68676.533.39$5,712
Dec 202201,79476.415.73$10,278
Nov 202201,72685.005.65$9,745
Oct 202201,75787.185.86$10,303
Sep 202201,80584.888.16$14,735
Aug 202201,70794.529.13$15,580
Jul 202201,847101.587.54$13,930
Jun 202201,847115.097.98$14,734
May 202201,936109.378.43$16,326
Apr 202201,813104.226.84$12,397
Mar 202201,743108.885.08$8,848
Feb 202201,47691.054.86$7,172
Jan 202201,68281.844.54$7,632
Dec 202101,74771.323.90$6,812
Nov 202101,85977.435.24$9,735
Oct 202101,98779.795.71$11,353
Sep 202101,89169.865.35$10,119
Aug 202102,19866.024.22$9,277
Jul 202101,92270.783.98$7,654
Jun 202101,62669.493.38$5,497
May 202151,68563.483.02$5,402
Apr 2021181,71160.362.76$5,806
Mar 202101,83261.302.72$4,977
Feb 202101,55257.805.55$8,610
Jan 202101,66450.412.81$4,676
Dec 202001,69844.642.68$4,543
Nov 202001,83138.772.71$4,956
Oct 202001,88536.972.48$4,672
Sep 202001,81137.091.99$3,606
Aug 202001,80239.982.39$4,298
Jul 202001,76438.371.83$3,220
Jun 202001,93934.901.69$3,278
May 202001,52016.921.81$2,758
Apr 202001,69614.751.80$3,060
Mar 202001,87430.341.86$3,479
Feb 202001,78049.881.98$3,526
Jan 202002,19257.252.09$4,592
Dec 201902,01759.012.30$4,648
Nov 201901,87955.302.75$5,169
Oct 201901,99353.472.42$4,820
Sep 201901,97555.052.66$5,248
Aug 201902,34153.112.30$5,395
Jul 201902,08856.272.46$5,137
Jun 201902,06852.782.49$5,152
May 201902,24758.482.74$6,158
Apr 201902,32062.632.75$6,382
Mar 201902,64956.803.06$8,112
Feb 201902,78250.852.79$7,768
Jan 201902,47046.033.23$7,974
Dec 201802,34546.594.19$9,815
Nov 201802,52152.934.24$10,682
Oct 201802,42261.443.40$8,230
Sep 201802,23559.543.11$6,946
Aug 201802,47859.403.07$7,599
Jul 2018552,39665.142.93$10,607
Jun 201802,21360.183.08$6,809
May 201802,02665.382.90$5,877
Apr 201802,36263.842.90$6,852
Mar 201802,70161.222.79$7,527
Feb 201802,45361.782.77$6,785
Jan 201802,41462.874.01$9,679
Dec 201702,58957.272.92$7,564
Nov 201702,67855.423.12$8,351
Oct 201701,38249.292.98$4,123
Sep 201701,87947.523.09$5,801
Aug 201701,71545.373.00$5,153
Jul 201702,81743.873.09$8,697
Jun 201701,30542.493.09$4,029
May 201701,26845.373.26$4,138
Apr 201701,11347.933.21$3,575
Mar 201701,21746.772.98$3,631
Feb 201701,50250.452.95$4,435
Jan 201701,51649.413.42$5,183
Dec 2016591,71548.763.72$9,261
Nov 201601,95142.492.64$5,159
Oct 201602,27546.193.09$7,030
Sep 201601,77941.553.10$5,516
Aug 201601,89041.442.92$5,527
Jul 201601,90441.622.92$5,568
Jun 201602,34045.352.69$6,285
May 201602,93742.521.99$5,848
Apr 201603,11836.561.99$6,208
Mar 201602,31433.011.79$4,151
Feb 201601,59826.472.06$3,298
Jan 201681,57127.352.36$3,933
Dec 201502,27332.362.00$4,549
Nov 201502,16738.792.17$4,697
Oct 201502,15343.552.43$5,224
Sep 201501,96442.992.76$5,418
Aug 201502,15440.162.87$6,187
Jul 201501,49548.152.95$4,403
Jun 201501,66556.152.88$4,800
May 2015462,18555.212.96$8,997
Apr 201502,20049.822.71$5,954
Mar 201501,97742.892.93$5,802
Feb 201502,04644.662.98$6,089
Jan 201502,32043.433.10$7,193
Dec 201402,31554.693.59$8,314
Nov 201402,12670.464.25$9,039
Oct 201402,09678.303.90$8,176
Sep 201402,09386.164.05$8,467
Aug 201402,32189.394.04$9,366
Jul 201402,68596.564.18$11,222
Jun 201402,21498.164.74$10,487
May 201403,27294.734.73$15,465
Apr 2014373,10595.944.81$18,482
Mar 201402,81895.895.06$14,250
Feb 201402,93597.406.19$18,174
Jan 201403,49490.404.86$16,983
Dec 201303,32791.824.35$14,487
Nov 201302,16188.853.74$8,078
Oct 201302,14797.423.78$8,114
Sep 201302,489104.113.72$9,253
Aug 201302,666104.253.52$9,391
Jul 201301,988102.523.72$7,391
Jun 201302,34494.403.93$9,220
May 201302,61394.834.15$10,842
Apr 201302,89793.964.28$12,407
Mar 201303,30993.623.91$12,948
Feb 201302,93491.233.42$10,034
Jan 201302,82591.603.42$9,661
Dec 201203,43086.773.42$11,731
Nov 201203,27486.953.62$11,868
Oct 201203,50389.383.40$11,909
Sep 201203,85494.672.92$11,248
Aug 201203,86792.662.91$11,246
Jul 201204,78485.133.02$14,452
Jun 201201,77779.822.52$4,476
May 201201,78691.612.49$4,444
Apr 201201,475101.652.00$2,945
Mar 201201,933105.052.22$4,295
Feb 201201,949101.102.57$5,009
Jan 201202,66798.092.73$7,292
Dec 201103,54996.873.24$11,498
Nov 201103,23395.723.31$10,705
Oct 201101,56084.983.65$5,692
Sep 201101,90683.623.99$7,597
Aug 201102,20583.404.15$9,149
Jul 201101,45694.144.52$6,577
Jun 201102,20992.904.64$10,249
May 201102,32798.134.40$10,250
Apr 201102,258105.964.33$9,785
Mar 201102,52196.364.06$10,229
Feb 201102,20185.644.18$9,200
Jan 201102,27486.504.59$10,435
Dec 201002,55585.734.35$11,109
Nov 201002,42980.843.80$9,219
Oct 201002,45478.103.51$8,611
Sep 201002,30072.633.98$9,153
Aug 201002,40673.684.42$10,633
Jul 201002,64572.554.74$12,528
Jun 201002,71370.364.91$13,322
May 201003,61071.124.24$15,289
Apr 201002,64781.694.12$10,913
Mar 201003,70178.394.39$16,242
Feb 201003,59473.585.44$19,560
Jan 201004,02074.365.96$23,976
Dec 200904,02971.445.48$22,094
Nov 200903,68974.593.75$13,839
Oct 200904,10172.544.11$16,856
Sep 200903,26565.543.06$10,006
Aug 200903,53267.423.22$11,368
Jul 2009474,08361.133.46$17,019
Jun 200904,02566.163.90$15,677
May 200904,24354.743.93$16,657
Apr 200904,28846.773.59$15,383
Mar 200904,37842.144.06$17,770
Feb 2009624,09432.814.63$21,002
Jan 200904,14535.865.37$22,263
Dec 200803,41437.105.98$20,406
Nov 200804,02355.496.86$27,599
Oct 2008424,31875.246.92$33,049
Sep 200803,375101.767.88$26,585
Aug 200804,078114.228.48$34,594
Jul 200804,230131.0811.39$48,177
Jun 200804,367131.3313.03$56,914
May 200804,446123.1711.57$51,459
Apr 200804,477110.3110.45$46,806
Mar 200804,723101.909.66$45,643
Feb 2008164,18992.538.77$38,220
Jan 200804,50590.388.21$36,967
Dec 200704,24488.337.30$30,990
Nov 200703,68391.677.29$26,855
Oct 200704,45682.856.92$30,844
Sep 200704,16675.846.24$26,013
Aug 200704,98769.066.39$31,857
Jul 200705,02470.906.39$32,093
Jun 200704,69262.007.55$35,417
May 200705,15258.747.85$40,424
Apr 200704,89859.617.81$38,230
Mar 200705,24656.927.30$38,306
Feb 2007554,78455.108.22$42,336
Jan 200705,74750.306.73$38,659
Dec 200604,57356.656.92$31,638
Nov 200604,94154.207.62$37,638
Oct 200605,12754.906.01$30,833
Sep 200604,76460.085.04$23,997
Aug 20061144,72468.717.34$42,507
Jul 200604,78869.376.34$30,369
Jun 200605,31866.286.38$33,949
May 200605,69766.016.42$36,603
Apr 200605,62564.397.36$41,403
Mar 200605,28556.707.08$37,433
Feb 20061635,75957.597.75$54,026
Jan 200605,93160.598.93$52,984
Dec 200506,09554.9413.42$81,767
Nov 200505,96154.6910.59$63,117
Oct 200506,41358.3413.80$88,472
Sep 20051635,49961.4512.08$76,439
Aug 200506,21061.519.80$60,838
Jul 2005344,92455.697.84$40,516
Jun 200506,73352.337.38$49,697
May 200567,10745.226.65$47,541
Apr 200507,05249.207.36$51,906
Mar 200506,09750.377.15$43,623
Feb 2005136,86445.226.31$43,913
Jan 200508,84643.166.32$55,926
Dec 200409,27039.866.75$62,583
Nov 20042710,03245.286.33$64,729
Oct 2004011,70849.706.52$76,279
Sep 2004418,95943.245.28$49,111
Aug 2004010,13642.375.55$56,261
Jul 200408,73638.286.08$53,151
Jun 2004013,37836.106.43$86,061
May 2004017,14137.486.49$111,324
Apr 2004011,24734.475.86$65,890
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200416432.036.30$435
Dec 2003141,05030.266.30$7,040
Nov 2003131,67128.804.60$8,053
Oct 2003262,08228.174.76$10,642
Sep 2003222,63826.314.75$13,108
Aug 2003233,21329.765.13$17,166
Jul 2003193,31629.415.17$17,705
Jun 2003184,94828.565.98$30,118
May 200305,26326.595.97$31,434
Apr 200304,62526.675.41$25,009
Mar 200306,60831.146.10$40,283
Feb 2003011,05133.487.93$87,589
Jan 20030030.315.58$0
Dec 2002196526.914.85$4,711
Nov 200241,38724.664.14$5,837
Oct 2002115,16526.464.23$22,134
Sep 2002178,24427.443.64$30,435
Aug 2002107,31325.963.16$23,399
Jul 2002148,53124.583.06$26,464
Jun 2002166,47823.733.34$22,005
May 20023107,29524.663.58$33,790
Apr 20022687,85323.653.51$33,920
Mar 20022058,22522.003.10$30,030
Feb 2002878,15618.222.38$20,961
Jan 20021379,64717.172.38$25,270
Dec 20011116,20616.932.36$16,553
Nov 20011378,24818.072.41$22,316
Oct 20011158,57019.782.53$23,947
Sep 2001857,13724.262.25$18,130
Aug 2001207,12324.873.05$22,245
Jul 2001288,46323.933.20$27,727
Jun 2001107,87124.563.82$30,346
May 200177,99625.524.31$34,620
Apr 200197,80724.685.34$41,875
Mar 2001309,08524.545.38$49,581
Feb 2001328,52427.755.77$50,047
Jan 20011088727.478.40$3,697
Dec 20001159,13026.889.12$86,380
Nov 200015511,16132.215.66$68,141
Oct 2000828131.235.15$2,978
Sep 20001209,76031.875.19$54,445
Aug 20001189,82829.644.54$48,124
Jul 20005910,46128.534.09$44,466
Jun 2000629,97129.304.40$45,662
May 20006211,67227.263.68$44,640
Apr 200012011,47724.513.12$38,704
Mar 200028210,95928.422.86$39,354
Feb 200011210,35127.622.73$31,315
Jan 20008111,38625.272.48$30,290
Dec 19997010,63424.282.42$27,473
Nov 19998410,73123.192.43$28,067
Oct 19996611,43320.982.80$33,440
Sep 1999012,87121.752.62$33,707
Aug 199909,98019.262.88$28,698
Jul 1999012,75017.892.37$30,248
Jun 1999013,77615.942.36$32,540
May 1999013,56115.792.32$31,475
Apr 1999015,15415.102.21$33,461
Mar 1999015,15512.471.84$27,860
Feb 1999013,4219.981.82$24,397
Jan 1999015,45010.381.90$29,354
Dec 1998014,5029.201.77$25,717
Nov 1998016,84910.892.19$36,827
Oct 1998118,19812.421.97$35,848
Sep 19981017,32312.592.08$36,203
Aug 19984817,70111.301.91$34,304
Jul 19982317,06211.742.24$38,442
Jun 19985417,57211.242.24$39,920
May 19986319,44312.622.21$43,693
Apr 19988920,46713.042.51$52,437
Mar 199847242,90612.802.31$105,130
Feb 19987231,50813.952.30$73,445
Jan 199815018,06514.702.15$41,131
Dec 199713615,12616.322.41$38,690
Nov 19978214,38618.193.09$45,919
Oct 19979116,54519.253.15$53,866
Sep 19976316,00117.742.95$48,399
Aug 19978115,54617.862.55$41,163
Jul 19978219,24017.582.25$44,673
Jun 199710319,18317.242.26$45,076
May 19977420,84718.972.31$49,529
Apr 199710918,16617.882.08$39,785
Mar 199710923,97918.951.94$48,564
Feb 1997020,44420.492.21$45,097
Jan 1997021,94223.483.54$77,668
Dec 1996021,80523.32$0
Nov 1996022,26521.97$0
Oct 1996123,83423.31$23
Sep 1996321,05722.22$67
Aug 1996121,38420.26$20
Jul 1996423,93319.55$78
Jun 1996421,90018.73$75
May 1996524,77819.43$97
Apr 1996526,46121.51$108
Mar 1996827,60419.38$155
Feb 1996526,07116.98$85
Jan 19961332,47817.07$222
Dec 19953332,10117.19$567
Nov 19953232,78316.00$512
Oct 19956835,26415.43$1,049
Sep 199515733,71716.18$2,540
Aug 199512835,24215.92$2,038
Jul 199512629,54315.24$1,920
Jun 199525931,24216.41$4,250
May 199532238,12717.56$5,654
Apr 199537037,08017.73$6,560
Mar 199539338,56216.44$6,461
Feb 199538940,20916.58$6,450
Jan 199550245,68115.92$7,992
Dec 199436348,53415.03$5,456
Nov 199436451,98515.90$5,788
Oct 199421130,50915.58$3,287
Sep 19941442,41415.29$214
Aug 19942258,18716.13$355
Jul 19948058,09917.56$1,405
Jun 199441758,55117.09$7,127
May 199460565,30315.88$9,607
Apr 199464068,18214.14$9,050
Mar 199472077,93412.46$8,971
Feb 199452478,51112.50$6,550
Jan 19941,09259,29712.66$13,825
Dec 19931,21471,75212.33$14,969
Nov 199338247,01514.49$5,535
Oct 199341274,74015.85$6,530
Sep 199342970,65515.03$6,448
Aug 199329870,36615.66$4,667
Jul 1993391,65515.46$603
Jun 199356648,23716.79$9,503
May 199379472,23617.68$14,038
Apr 199395871,59418.05$17,292
Mar 199380868,54318.14$14,657
Feb 199387763,58917.90$15,698
Jan 199380266,06816.93$13,578

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                1,139 Mcf  × $  3.05 =     $3,469

────────────────────────────────────────────────────
Month total                                   $3,469

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/132894 is the state's own key, not one this site invented.