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 135992District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$684 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 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
High Cost Gas111990-12-11122717
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
CondensateDisposition1,259 bbl$34,933
GasProduction379,346 Mcf$648,757
Total$683,691

207,530 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 27.6833, -99.0273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68331, -99.02735 · 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
10,500 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 10,500 ft.

Completions filed
Jul 1990
1 of 1 wells

1 well

42-479349966210,500 ftJul 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 2026185106.413.05$365
Apr 2026119998.932.87$670
Mar 2026017389.753.15$545
Feb 202614163.503.75$217
Jan 2026017359.138.00$1,384
Dec 2025116056.664.41$763
Nov 2025117058.593.93$726
Oct 2025116859.383.30$615
Sep 2025016362.743.08$502
Aug 2025018063.933.01$543
Jul 2025117666.743.32$650
Jun 2025018266.483.13$569
May 2025021960.553.23$708
Apr 202513062.363.54$169
Mar 2025020767.704.27$884
Feb 20251070.884.34$71
Jan 2025013874.324.28$590
Dec 2024114568.993.12$522
Nov 2024117969.052.20$463
Oct 2024019171.372.28$436
Sep 2024018069.612.36$426
Aug 202403275.632.06$66
Jul 2024122579.932.15$563
Jun 20241519978.082.63$1,695
May 20242222878.812.20$2,235
Apr 2024327484.451.66$2,825
Mar 20243616780.301.55$3,149
Feb 2024911576.091.78$890
Jan 2024218173.023.30$1,801
Dec 2023110171.262.61$335
Nov 2023014577.892.81$407
Oct 2023021485.443.09$661
Sep 2023021389.042.74$583
Aug 2023019980.522.67$532
Jul 2023020374.852.64$536
Jun 202303968.962.26$88
May 2023013070.622.23$290
Apr 2023017078.122.24$380
Mar 202306672.852.39$158
Feb 2023018275.112.47$449
Jan 2023022676.533.39$766
Dec 2022017976.415.73$1,026
Nov 2022015785.005.65$886
Oct 2022022387.185.86$1,308
Sep 2022016084.888.16$1,306
Aug 202203494.529.13$310
Jul 20220245101.587.54$1,848
Jun 2022020115.097.98$160
May 20220286109.378.43$2,412
Apr 20220157104.226.84$1,074
Mar 20220172108.885.08$873
Feb 2022018191.054.86$879
Jan 2022025581.844.54$1,157
Dec 2021016471.323.90$639
Nov 2021020077.435.24$1,047
Oct 2021016579.795.71$943
Sep 2021019069.865.35$1,017
Aug 2021018466.024.22$777
Jul 2021020770.783.98$824
Jun 2021022669.493.38$764
May 202105863.483.02$175
Apr 202104060.362.76$110
Mar 2021015761.302.72$427
Feb 202103357.805.55$183
Jan 202109750.412.81$273
Dec 202013044.642.68$580
Nov 2020720638.772.71$829
Oct 20201322836.972.48$1,046
Sep 2020613337.091.99$487
Aug 20201322739.982.39$1,061
Jul 20203113338.371.83$1,432
Jun 2020184934.901.69$711
May 202006816.921.81$123
Apr 2020011014.751.80$198
Mar 202005430.341.86$100
Feb 2020014949.881.98$295
Jan 202009557.252.09$199
Dec 201906059.012.30$138
Nov 2019019755.302.75$542
Oct 2019026153.472.42$631
Sep 20190055.052.66$0
Aug 2019025053.112.30$576
Jul 2019014256.272.46$349
Jun 2019013752.782.49$341
May 2019015658.482.74$427
Apr 201905662.632.75$154
Mar 2019017456.803.06$533
Feb 2019016650.852.79$464
Jan 2019010446.033.23$336
Dec 201807846.594.19$326
Nov 201803952.934.24$165
Oct 201805861.443.40$197
Sep 2018015259.543.11$472
Aug 2018018059.403.07$552
Jul 201807365.142.93$214
Jun 2018020160.183.08$618
May 201809765.382.90$281
Apr 201809963.842.90$287
Mar 201807561.222.79$209
Feb 2018027461.782.77$758
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017014849.292.98$442
Sep 20170647.523.09$19
Aug 2017012045.373.00$361
Jul 201707143.873.09$219
Jun 2017014142.493.09$435
May 2017030245.373.26$986
Apr 2017027847.933.21$893
Mar 2017029046.772.98$865
Feb 2017045750.452.95$1,349
Jan 2017059449.413.42$2,031
Dec 2016084748.763.72$3,153
Nov 201608542.492.64$225
Oct 201608246.193.09$253
Sep 2016049241.553.10$1,526
Aug 2016032541.442.92$950
Jul 2016016341.622.92$477
Jun 2016020245.352.69$543
May 2016038242.521.99$761
Apr 2016015036.561.99$299
Mar 2016037633.011.79$675
Feb 2016010026.472.06$206
Jan 2016037827.352.36$894
Dec 2015014532.362.00$290
Nov 2015081838.792.17$1,773
Oct 2015011743.552.43$284
Sep 2015040042.992.76$1,103
Aug 2015016140.162.87$462
Jul 2015034648.152.95$1,019
Jun 2015021156.152.88$608
May 2015016655.212.96$491
Apr 2015012149.822.71$327
Mar 2015010742.892.93$314
Feb 2015054944.662.98$1,634
Jan 2015010443.433.10$322
Dec 2014011854.693.59$424
Nov 2014040770.464.25$1,731
Oct 2014011178.303.90$433
Sep 2014029286.164.05$1,181
Aug 201409789.394.04$391
Jul 2014041896.564.18$1,747
Jun 2014015298.164.74$720
May 2014014694.734.73$690
Apr 2014029495.944.81$1,414
Mar 2014033795.895.06$1,704
Feb 2014013797.406.19$848
Jan 2014014190.404.86$685
Dec 2013012891.824.35$557
Nov 2013043088.853.74$1,607
Oct 2013017997.423.78$677
Sep 20130373104.113.72$1,387
Aug 20130136104.253.52$479
Jul 2013074102.523.72$275
Jun 2013049494.403.93$1,943
May 2013059894.834.15$2,481
Apr 2013015493.964.28$660
Mar 2013017593.623.91$685
Feb 2013055591.233.42$1,898
Jan 2013020891.603.42$711
Dec 2012066886.773.42$2,285
Nov 2012073986.953.62$2,679
Oct 2012011089.383.40$374
Sep 2012040194.672.92$1,170
Aug 2012049592.662.91$1,440
Jul 201209785.133.02$293
Jun 2012013679.822.52$343
May 2012013191.612.49$326
Apr 20120383101.652.00$765
Mar 20120177105.052.22$393
Feb 20120703101.102.57$1,807
Jan 2012075698.092.73$2,067
Dec 2011020096.873.24$648
Nov 2011014995.723.31$493
Oct 2011012684.983.65$460
Sep 2011014083.623.99$558
Aug 2011029683.404.15$1,228
Jul 2011010694.144.52$479
Jun 2011039992.904.64$1,851
May 2011049198.134.40$2,163
Apr 20110163105.964.33$706
Mar 2011018996.364.06$767
Feb 2011041085.644.18$1,714
Jan 2011065986.504.59$3,024
Dec 2010086585.734.35$3,761
Nov 2010019880.843.80$751
Oct 2010020078.103.51$702
Sep 2010019472.633.98$772
Aug 2010016973.684.42$747
Jul 2010050772.554.74$2,401
Jun 2010038370.364.91$1,881
May 2010032071.124.24$1,355
Apr 2010022881.694.12$940
Mar 201006178.394.39$268
Feb 2010010073.585.44$544
Jan 201008574.365.96$507
Dec 2009038371.445.48$2,100
Nov 20090074.593.75$0
Oct 2009065972.544.11$2,709
Sep 2009014565.543.06$444
Aug 2009014967.423.22$480
Jul 2009022161.133.46$766
Jun 2009046666.163.90$1,815
May 2009051454.743.93$2,018
Apr 2009045846.773.59$1,643
Mar 2009017542.144.06$710
Feb 2009012832.814.63$593
Jan 2009072635.865.37$3,899
Dec 2008018737.105.98$1,118
Nov 2008085355.496.86$5,852
Oct 2008012875.246.92$886
Sep 20080117101.767.88$922
Aug 20080105114.228.48$891
Jul 20080611131.0811.39$6,959
Jun 200802131.3313.03$26
May 2008090123.1711.57$1,042
Apr 20080268110.3110.45$2,802
Mar 20080518101.909.66$5,006
Feb 2008047892.538.77$4,192
Jan 2008035190.388.21$2,880
Dec 2007038888.337.30$2,833
Nov 2007035491.677.29$2,581
Oct 2007042482.856.92$2,935
Sep 2007065575.846.24$4,090
Aug 200701,21869.066.39$7,781
Jul 200701,24870.906.39$7,972
Jun 200701,34762.007.55$10,168
May 200701,46858.747.85$11,518
Apr 200701,89059.617.81$14,752
Mar 200702,47556.927.30$18,072
Feb 20070055.108.22$0
Jan 2007031750.306.73$2,132
Dec 2006029656.656.92$2,048
Nov 2006042954.207.62$3,268
Oct 2006076754.906.01$4,613
Sep 200601,03560.085.04$5,214
Aug 2006054768.717.34$4,015
Jul 20060069.376.34$0
Jun 2006061866.286.38$3,945
May 200601166.016.42$71
Apr 20060064.397.36$0
Mar 2006051256.707.08$3,626
Feb 20060957.597.75$70
Jan 2006635260.598.93$3,508
Dec 2005014654.9413.42$1,959
Nov 20050054.6910.59$0
Oct 2005328458.3413.80$4,093
Sep 2005232561.4512.08$4,049
Aug 2005629461.519.80$3,249
Jul 20052055.697.84$111
Jun 20051137552.337.38$3,344
May 20050045.226.65$0
Apr 2005311249.207.36$972
Mar 200525450.377.15$487
Feb 200526745.226.31$513
Jan 20050243.166.32$13
Dec 2004310639.866.75$835
Nov 20040045.286.33$0
Oct 200425449.706.52$451
Sep 200413643.245.28$233
Aug 200418142.375.55$492
Jul 200414938.286.08$336
Jun 20042036.106.43$72
May 20041392437.486.49$6,488
Apr 2004849834.475.86$3,193
Mar 2004418534.365.53$1,161
Feb 2004956732.455.51$3,416
Jan 2004736232.036.30$2,505
Dec 2003425130.266.30$1,703
Nov 2003961028.804.60$3,062
Oct 2003877328.174.76$3,905
Sep 2003047726.314.75$2,265
Aug 2003049629.765.13$2,544
Jul 2003069229.415.17$3,578
Jun 200301,04028.565.98$6,222
May 200301,23826.595.97$7,394
Apr 2003098826.675.41$5,342
Mar 200301,22031.146.10$7,437
Feb 2003063133.487.93$5,001
Jan 2003058330.315.58$3,254
Dec 2002026826.914.85$1,301
Nov 2002057924.664.14$2,395
Oct 2002094826.464.23$4,009
Sep 2002072427.443.64$2,632
Aug 2002080225.963.16$2,538
Jul 2002086224.583.06$2,639
Jun 2002066123.733.34$2,207
May 200201,13924.663.58$4,082
Apr 2002564523.653.51$2,384
Mar 2002440222.003.10$1,335
Feb 20020418.222.38$10
Jan 20020417.172.38$10
Dec 20011416.932.36$26
Nov 2001271,04318.072.41$2,997
Oct 20013181219.782.53$2,667
Sep 20012779724.262.25$2,449
Aug 20011331624.873.05$1,288
Jul 20013096323.933.20$3,797
Jun 20011234624.563.82$1,618
May 20011951925.524.31$2,720
Apr 2001052424.685.34$2,796
Mar 2001016124.545.38$866
Feb 2001010827.755.77$623
Jan 2001017727.478.40$1,487
Dec 2000019626.889.12$1,788
Nov 2000049032.215.66$2,772
Oct 20000031.235.15$0
Sep 2000093431.875.19$4,844
Aug 200001,01529.644.54$4,609
Jul 200001,87528.534.09$7,668
Jun 200001,02329.304.40$4,498
May 200001,02527.263.68$3,772
Apr 200001,78524.513.12$5,562
Mar 200001,13028.422.86$3,232
Feb 2000071927.622.73$1,960
Jan 2000065025.272.48$1,612
Dec 1999079624.282.42$1,929
Nov 1999065823.192.43$1,602
Oct 1999086320.982.80$2,420
Sep 1999072221.752.62$1,891
Aug 1999078819.262.88$2,266
Jul 199901,32417.892.37$3,141
Jun 199901,45215.942.36$3,430
May 199901,45715.792.32$3,382
Apr 199901,14015.102.21$2,517
Mar 199901,19312.471.84$2,193
Feb 199901,1909.981.82$2,163
Jan 1999177310.381.90$1,479
Dec 1998399469.201.77$2,036
Nov 19985292210.892.19$2,582
Oct 199813012.421.97$161
Sep 1998811,59912.592.08$4,350
Aug 199802,48611.301.91$4,742
Jul 199802,41911.742.24$5,412
Jun 199802,45211.242.24$5,486
May 199802,64112.622.21$5,827
Apr 199802,53413.042.51$6,349
Mar 199802,66012.802.31$6,143
Feb 199802,47113.952.30$5,681
Jan 199802,49914.702.15$5,385
Dec 199702,51916.322.41$6,074
Nov 199702,57418.193.09$7,949
Oct 199702,87319.253.15$9,049
Sep 1997143,00717.742.95$9,134
Aug 199703,00917.862.55$7,687
Jul 199702,90517.582.25$6,527
Jun 199702,61117.242.26$5,894
May 199712,60018.972.31$6,021
Apr 199702,43717.882.08$5,076
Mar 199702,97418.951.94$5,767
Feb 199732,68820.492.21$5,991
Jan 199713,11123.483.54$11,035
Dec 199623,32423.32$47
Nov 199613,29821.97$22
Oct 199613,23323.31$23
Sep 199623,14622.22$44
Aug 199603,20120.26$0
Jul 199613,39219.55$20
Jun 199613,21618.73$19
May 199603,52719.43$0
Apr 199613,38521.51$22
Mar 199623,43219.38$39
Feb 199633,22516.98$51
Jan 199633,63917.07$51
Dec 199513,38517.19$17
Nov 199523,62916.00$32
Oct 199523,61815.43$31
Sep 199533,87416.18$49
Aug 199533,86315.92$48
Jul 199534,74215.24$46
Jun 199513,99716.41$16
May 199504,55517.56$0
Apr 199514,10517.73$18
Mar 199514,64416.44$16
Feb 199513,92916.58$17
Jan 1995624,46315.92$987
Dec 199414,65015.03$15
Nov 1994414,24615.90$652
Oct 199424,37915.58$31
Sep 199414,43315.29$15
Aug 199404,13716.13$0
Jul 199413,86617.56$18
Jun 199414,46217.09$17
May 1994394,46515.88$619
Apr 199413,99414.14$14
Mar 199465,16612.46$75
Feb 199435,07612.50$38
Jan 199414,64212.66$13
Dec 199304,40612.33$0
Nov 199303,59014.49$0
Oct 199304,35115.85$0
Sep 199302,33515.03$0
Aug 199304,10815.66$0
Jul 19931205,94415.46$1,855
Jun 199305,52116.79$0
May 199305,40417.68$0
Apr 1993436,66518.05$776
Mar 199306,96318.14$0
Feb 199307,88617.90$0
Jan 19931708,01916.93$2,878

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             1 bbl  × $106.41 =       $106
Gas                   85 Mcf  × $  3.05 =       $259

────────────────────────────────────────────────────
Month total                                     $365

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/135992 is the state's own key, not one this site invented.