L.F.T.

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

Gas lease lease 135298District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$52 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 406 leases and 406 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
933 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 2008-04-24.

The Commission's schedule remark for this field reads: RULE 2 AMENDED. STANDARD 40 ACRES.

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 Gas112002-11-01149010
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
CondensateDisposition43 bbl$1,110
GasProduction845,789 Mcf$2,263,823
Total$2,264,933

336,995 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 26.9504, -99.1062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.95037, -99.10624 · 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
11,500 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 11,500 ft.

Completions filed
Jun 1990
1 of 1 wells

1 well

42-50532631211,500 ftJun 1990

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 202601,467106.413.05$4,468
Apr 202601,15098.932.87$3,300
Mar 202601,15389.753.15$3,631
Feb 202601,03663.503.75$3,885
Jan 202601,16559.138.00$9,318
Dec 202501,03156.664.41$4,550
Nov 202501,08358.593.93$4,252
Oct 202501,15259.383.30$3,807
Sep 202501,16862.743.08$3,594
Aug 202501,24163.933.01$3,741
Jul 202501,26266.743.32$4,184
Jun 202501,13066.483.13$3,535
May 202501,35260.553.23$4,370
Apr 202501,21562.363.54$4,305
Mar 202501,54767.704.27$6,603
Feb 202501,45670.884.34$6,320
Jan 202501,70174.324.28$7,278
Dec 202401,86768.993.12$5,828
Nov 202402,34069.052.20$5,144
Oct 2024077671.372.28$1,770
Sep 2024037369.612.36$882
Aug 2024038175.632.06$786
Jul 2024040479.932.15$867
Jun 2024042478.082.63$1,117
May 2024058778.812.20$1,290
Apr 2024050384.451.66$835
Mar 2024042980.301.55$663
Feb 2024038676.091.78$688
Jan 2024044273.023.30$1,458
Dec 2023045871.262.61$1,196
Nov 2023046477.892.81$1,303
Oct 2023050785.443.09$1,565
Sep 2023045389.042.74$1,239
Aug 2023052780.522.67$1,409
Jul 2023067874.852.64$1,791
Jun 2023049668.962.26$1,120
May 2023048770.622.23$1,085
Apr 2023049978.122.24$1,117
Mar 2023050772.852.39$1,213
Feb 2023046375.112.47$1,142
Jan 2023042176.533.39$1,426
Dec 2022046776.415.73$2,675
Nov 2022047985.005.65$2,705
Oct 2022055387.185.86$3,243
Sep 2022055684.888.16$4,539
Aug 2022056794.529.13$5,175
Jul 20220547101.587.54$4,126
Jun 20220586115.097.98$4,675
May 20220583109.378.43$4,916
Apr 20220554104.226.84$3,788
Mar 20220572108.885.08$2,904
Feb 2022050291.054.86$2,439
Jan 2022052981.844.54$2,400
Dec 2021057471.323.90$2,238
Nov 2021057477.435.24$3,006
Oct 2021063079.795.71$3,600
Sep 2021063869.865.35$3,414
Aug 2021058666.024.22$2,473
Jul 2021056470.783.98$2,246
Jun 2021056669.493.38$1,913
May 2021058663.483.02$1,768
Apr 2021056160.362.76$1,547
Mar 2021057461.302.72$1,560
Feb 2021050757.805.55$2,813
Jan 2021061050.412.81$1,714
Dec 2020059844.642.68$1,600
Nov 2020061338.772.71$1,659
Oct 2020063436.972.48$1,571
Sep 2020063237.091.99$1,258
Aug 2020073939.982.39$1,763
Jul 2020072738.371.83$1,327
Jun 2020066334.901.69$1,121
May 202001,03316.921.81$1,875
Apr 202001,20914.751.80$2,182
Mar 2020098930.341.86$1,836
Feb 2020089249.881.98$1,767
Jan 2020089757.252.09$1,879
Dec 2019098959.012.30$2,279
Nov 2019078455.302.75$2,157
Oct 2019076553.472.42$1,850
Sep 2019083455.052.66$2,216
Aug 201901,09253.112.30$2,516
Jul 2019098556.272.46$2,423
Jun 2019080852.782.49$2,013
May 2019093758.482.74$2,568
Apr 201901,05162.632.75$2,891
Mar 201901,24656.803.06$3,815
Feb 201901,28050.852.79$3,574
Jan 201901,51046.033.23$4,875
Dec 201801,74046.594.19$7,283
Nov 201801,25452.934.24$5,314
Oct 2018069361.443.40$2,355
Sep 2018091759.543.11$2,850
Aug 2018072859.403.07$2,232
Jul 2018060365.142.93$1,768
Jun 2018060560.183.08$1,862
May 2018065065.382.90$1,886
Apr 2018084163.842.90$2,440
Mar 2018087661.222.79$2,441
Feb 2018077261.782.77$2,135
Jan 2018084262.874.01$3,376
Dec 2017073857.272.92$2,156
Nov 2017085355.423.12$2,660
Oct 2017086349.292.98$2,575
Sep 201701,13347.523.09$3,498
Aug 201701,44245.373.00$4,332
Jul 201701,08643.873.09$3,353
Jun 2017096842.493.09$2,988
May 201701,14445.373.26$3,733
Apr 201701,12347.933.21$3,607
Mar 201701,24146.772.98$3,703
Feb 201701,04450.452.95$3,083
Jan 201701,62949.413.42$5,569
Dec 201601,31648.763.72$4,899
Nov 201601,13342.492.64$2,996
Oct 2016064646.193.09$1,996
Sep 2016090641.553.10$2,809
Aug 2016069541.442.92$2,032
Jul 2016089441.622.92$2,614
Jun 2016081845.352.69$2,197
May 2016058142.521.99$1,157
Apr 2016031736.561.99$631
Mar 2016029533.011.79$529
Feb 2016073926.472.06$1,525
Jan 2016081127.352.36$1,918
Dec 201501,23532.362.00$2,472
Nov 201501,12938.792.17$2,447
Oct 2015078743.552.43$1,910
Sep 2015082442.992.76$2,273
Aug 201501,12840.162.87$3,240
Jul 201501,41248.152.95$4,158
Jun 201501,46156.152.88$4,212
May 201501,61055.212.96$4,758
Apr 201501,49049.822.71$4,033
Mar 201501,51842.892.93$4,455
Feb 201501,53144.662.98$4,557
Jan 201501,47043.433.10$4,558
Dec 201402,45954.693.59$8,831
Nov 201402,03570.464.25$8,652
Oct 2014066978.303.90$2,610
Sep 2014081586.164.05$3,297
Aug 201401,32889.394.04$5,359
Jul 201401,51296.564.18$6,320
Jun 201401,08498.164.74$5,135
May 2014026094.734.73$1,229
Apr 2014062195.944.81$2,986
Mar 2014095595.895.06$4,829
Feb 2014083797.406.19$5,183
Jan 2014070590.404.86$3,427
Dec 201301,26391.824.35$5,500
Nov 201301,60788.853.74$6,007
Oct 201301,09597.423.78$4,138
Sep 201302,094104.113.72$7,785
Aug 201301,623104.253.52$5,717
Jul 201301,512102.523.72$5,621
Jun 2013095994.403.93$3,772
May 201301,58394.834.15$6,568
Apr 201301,33393.964.28$5,709
Mar 201301,39093.623.91$5,439
Feb 201301,37191.233.42$4,689
Jan 201301,41991.603.42$4,853
Dec 201201,38286.773.42$4,727
Nov 201201,57986.953.62$5,724
Oct 201201,16189.383.40$3,947
Sep 201201,04794.672.92$3,056
Aug 201201,83492.662.91$5,334
Jul 201201,01485.133.02$3,063
Jun 201201,12179.822.52$2,824
May 201201,32591.612.49$3,297
Apr 20120922101.652.00$1,841
Mar 201201,629105.052.22$3,620
Feb 201201,163101.102.57$2,989
Jan 201201,85698.092.73$5,074
Dec 2011061896.873.24$2,002
Nov 201101,31895.723.31$4,364
Oct 201101,31384.983.65$4,791
Sep 201101,17483.623.99$4,679
Aug 201101,83383.404.15$7,606
Jul 2011093294.144.52$4,210
Jun 201101,73092.904.64$8,027
May 201101,46698.134.40$6,457
Apr 201101,190105.964.33$5,157
Mar 201101,79896.364.06$7,295
Feb 2011089485.644.18$3,737
Jan 201101,08486.504.59$4,974
Dec 201001,55385.734.35$6,752
Nov 201001,34980.843.80$5,120
Oct 201001,68378.103.51$5,905
Sep 201001,16572.633.98$4,636
Aug 201001,51173.684.42$6,678
Jul 201001,94472.554.74$9,208
Jun 201001,31170.364.91$6,438
May 201002,07571.124.24$8,788
Apr 201001,32681.694.12$5,467
Mar 201001,55378.394.39$6,816
Feb 2010043973.585.44$2,389
Jan 201001,44074.365.96$8,588
Dec 200901,48671.445.48$8,149
Nov 200901,59374.593.75$5,976
Oct 200902,61672.544.11$10,752
Sep 200901,03265.543.06$3,163
Aug 2009099767.423.22$3,209
Jul 200901,80161.133.46$6,240
Jun 200901,75466.163.90$6,832
May 200901,42354.743.93$5,586
Apr 200901,48646.773.59$5,331
Mar 200901,20342.144.06$4,883
Feb 200901,22032.814.63$5,652
Jan 200901,44335.865.37$7,750
Dec 200801,71737.105.98$10,263
Nov 200801,42255.496.86$9,755
Oct 200801,59475.246.92$11,034
Sep 200801,518101.767.88$11,957
Aug 200801,986114.228.48$16,847
Jul 200801,887131.0811.39$21,492
Jun 20080996131.3313.03$12,981
May 200801,801123.1711.57$20,845
Apr 200811,566110.3110.45$16,483
Mar 200801,571101.909.66$15,182
Feb 200801,34292.538.77$11,770
Jan 200801,42490.388.21$11,685
Dec 200701,44088.337.30$10,515
Nov 200701,32491.677.29$9,654
Oct 200702,16882.856.92$15,007
Sep 200701,53375.846.24$9,572
Aug 200701,70269.066.39$10,872
Jul 200701,73970.906.39$11,109
Jun 200701,89062.007.55$14,267
May 200702,37058.747.85$18,596
Apr 200701,83159.617.81$14,291
Mar 200701,59556.927.30$11,647
Feb 200701,58755.108.22$13,039
Jan 200701,72850.306.73$11,624
Dec 200601,56356.656.92$10,814
Nov 200602,16854.207.62$16,515
Oct 2006082754.906.01$4,973
Sep 2006090960.085.04$4,579
Aug 200601,17368.717.34$8,610
Jul 200621,35069.376.34$8,701
Jun 200601,77066.286.38$11,299
May 200601,95066.016.42$12,529
Apr 200601,84564.397.36$13,580
Mar 200602,00256.707.08$14,180
Feb 200601,68457.597.75$13,053
Jan 200622,50960.598.93$22,535
Dec 200502,69654.9413.42$36,168
Nov 200501,72354.6910.59$18,244
Oct 200502,47958.3413.80$34,200
Sep 200522,76361.4512.08$33,497
Aug 200503,32161.519.80$32,535
Jul 200502,45855.697.84$19,280
Jun 200503,67152.337.38$27,096
May 200503,54445.226.65$23,572
Apr 200502,89949.207.36$21,338
Mar 200503,14050.377.15$22,466
Feb 200513,35645.226.31$21,228
Jan 200504,28543.166.32$27,091
Dec 200413,97539.866.75$26,875
Nov 200404,88545.286.33$30,924
Oct 200404,42649.706.52$28,836
Sep 200401,64243.245.28$8,676
Aug 200401,21042.375.55$6,716
Jul 200401,07138.286.08$6,516
Jun 200401,12336.106.43$7,224
May 200401,18837.486.49$7,716
Apr 200401,08634.475.86$6,362
Mar 200401,14134.365.53$6,310
Feb 200401,10732.455.51$6,099
Jan 200401,15732.036.30$7,289
Dec 200301,16530.266.30$7,341
Nov 200301,16728.804.60$5,363
Oct 200301,27928.174.76$6,088
Sep 200301,26726.314.75$6,017
Aug 200301,07329.765.13$5,504
Jul 2003093029.415.17$4,809
Jun 200301,28128.565.98$7,664
May 200301,34826.595.97$8,051
Apr 200301,38926.675.41$7,511
Mar 200301,37431.146.10$8,376
Feb 200301,30433.487.93$10,335
Jan 200301,37830.315.58$7,692
Dec 200201,22126.914.85$5,926
Nov 200201,21524.664.14$5,026
Oct 200201,26326.464.23$5,341
Sep 200201,19227.443.64$4,333
Aug 200201,31125.963.16$4,148
Jul 200201,42624.583.06$4,366
Jun 200202,01923.733.34$6,740
May 200201,23124.663.58$4,412
Apr 200201,30123.653.51$4,570
Mar 200201,24722.003.10$3,869
Feb 200201,09618.222.38$2,604
Jan 200201,17317.172.38$2,787
Dec 200101,29716.932.36$3,067
Nov 200101,25118.072.41$3,009
Oct 200101,31319.782.53$3,320
Sep 200101,32024.262.25$2,972
Aug 200101,50324.873.05$4,589
Jul 200101,56323.933.20$4,997
Jun 200102,68024.563.82$10,249
May 200101,24625.524.31$5,367
Apr 200101,51124.685.34$8,062
Mar 200101,33924.545.38$7,199
Feb 200101,40027.755.77$8,074
Jan 200102,14327.478.40$17,999
Dec 200002,43326.889.12$22,195
Nov 200002,32332.215.66$13,144
Oct 200002,49531.235.15$12,838
Sep 200002,04931.875.19$10,627
Aug 200002,13229.644.54$9,681
Jul 200002,03228.534.09$8,310
Jun 200002,49729.304.40$10,980
May 200002,38927.263.68$8,791
Apr 200002,13324.513.12$6,646
Mar 200002,12128.422.86$6,066
Feb 200002,42627.622.73$6,614
Jan 200012,81325.272.48$7,003
Dec 199902,32024.282.42$5,623
Nov 199902,03323.192.43$4,948
Oct 199901,93020.982.80$5,411
Sep 199902,11621.752.62$5,541
Aug 199902,58819.262.88$7,442
Jul 199902,22517.892.37$5,279
Jun 199902,23715.942.36$5,284
May 199902,39815.792.32$5,566
Apr 199901,94815.102.21$4,301
Mar 199902,28812.471.84$4,206
Feb 199902,2709.981.82$4,126
Jan 199902,71510.381.90$5,158
Dec 199802,7489.201.77$4,873
Nov 199802,35110.892.19$5,139
Oct 199802,39512.421.97$4,716
Sep 199802,66412.592.08$5,548
Aug 199802,85811.301.91$5,451
Jul 199803,17711.742.24$7,108
Jun 199802,48311.242.24$5,555
May 199802,43912.622.21$5,381
Apr 199802,82613.042.51$7,080
Mar 199802,94812.802.31$6,808
Feb 199802,60513.952.30$5,989
Jan 199802,75014.702.15$5,926
Dec 199703,44216.322.41$8,299
Nov 199702,99818.193.09$9,259
Oct 199713,44619.253.15$10,874
Sep 199703,37817.742.95$9,982
Aug 199702,70717.862.55$6,916
Jul 199702,24917.582.25$5,053
Jun 199702,42817.242.26$5,480
May 199702,41518.972.31$5,575
Apr 199702,72117.882.08$5,667
Mar 199703,10218.951.94$6,015
Feb 199702,66720.492.21$5,883
Jan 199703,64423.483.54$12,899
Dec 199603,24523.32$0
Nov 199603,81421.97$0
Oct 199602,68923.31$0
Sep 199603,24822.22$0
Aug 199603,41920.26$0
Jul 199603,85619.55$0
Jun 199604,48818.73$0
May 199603,32819.43$0
Apr 199603,33921.51$0
Mar 199603,72919.38$0
Feb 199602,45916.98$0
Jan 199602,77717.07$0
Dec 199503,16717.19$0
Nov 199503,71616.00$0
Oct 199504,45315.43$0
Sep 199514,43016.18$16
Aug 199504,54715.92$0
Jul 199504,71215.24$0
Jun 199504,81316.41$0
May 199504,97417.56$0
Apr 199515,80617.73$18
Mar 199505,08516.44$0
Feb 199505,68416.58$0
Jan 199515,16115.92$16
Dec 199404,52415.03$0
Nov 199404,58415.90$0
Oct 199425,54615.58$31
Sep 199405,22615.29$0
Aug 199407,04416.13$0
Jul 199405,65817.56$0
Jun 199425,35417.09$34
May 199426,74615.88$32
Apr 199416,16114.14$14
Mar 199427,48312.46$25
Feb 199447,44812.50$50
Jan 199438,33812.66$38
Dec 199338,73012.33$37
Nov 199309,28714.49$0
Oct 1993010,26415.85$0
Sep 1993011,06415.03$0
Aug 1993015,11115.66$0
Jul 1993024,25115.46$0
Jun 1993030,40916.79$0
May 1993422,71417.68$71
Apr 199307,34318.05$0
Mar 199318,49518.14$18
Feb 199337,95617.90$54
Jan 1993210,32016.93$34

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                1,467 Mcf  × $  3.05 =     $4,468

────────────────────────────────────────────────────
Month total                                   $4,468

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/135298 is the state's own key, not one this site invented.