MORGAN

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 136612District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$27 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 Gas111991-02-21123150
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
CondensateDisposition4,069 bbl$142,061
GasProduction2,692,989 Mcf$8,542,209
Total$8,684,270

898,619 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 27.5697, -99.0186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56966, -99.01864 · 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
12,100 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 12,100 ft.

Completions filed
Oct 1990
1 of 1 wells

1 well

42-47935070112,100 ftOct 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 20261817106.413.05$2,595
Apr 2026173598.932.87$2,208
Mar 2026167589.753.15$2,216
Feb 2026175763.503.75$2,902
Jan 20268799859.138.00$13,126
Dec 2025042956.664.41$1,893
Nov 2025014658.593.93$573
Oct 202504759.383.30$155
Sep 2025011362.743.08$348
Aug 2025010363.933.01$311
Jul 2025022966.743.32$759
Jun 202509566.483.13$297
May 20250060.553.23$0
Apr 202508862.363.54$312
Mar 2025010567.704.27$448
Feb 2025011870.884.34$512
Jan 202516574.324.28$352
Dec 2024014468.993.12$449
Nov 2024025569.052.20$561
Oct 202405271.372.28$119
Sep 202407169.612.36$168
Aug 202407675.632.06$157
Jul 202406979.932.15$148
Jun 202407678.082.63$200
May 202408078.812.20$176
Apr 202407784.451.66$128
Mar 202408080.301.55$124
Feb 2024013576.091.78$241
Jan 202409373.023.30$307
Dec 2023010471.262.61$272
Nov 2023020377.892.81$570
Oct 202309085.443.09$278
Sep 202309189.042.74$249
Aug 2023017980.522.67$478
Jul 20230074.852.64$0
Jun 20230568.962.26$11
May 202302570.622.23$56
Apr 202308378.122.24$186
Mar 20230072.852.39$0
Feb 202308175.112.47$200
Jan 20230076.533.39$0
Dec 202202176.415.73$120
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202204794.529.13$429
Jul 2022019101.587.54$143
Jun 2022080115.097.98$638
May 2022086109.378.43$725
Apr 2022016104.226.84$109
Mar 2022054108.885.08$274
Feb 2022020391.054.86$986
Jan 202203481.844.54$154
Dec 20210171.323.90$4
Nov 2021020277.435.24$1,058
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202103466.024.22$144
Jul 202101870.783.98$72
Jun 202101469.493.38$47
May 202101363.483.02$39
Apr 20210960.362.76$25
Mar 202107361.302.72$198
Feb 202103757.805.55$205
Jan 202104850.412.81$135
Dec 2020010744.642.68$286
Nov 202005038.772.71$135
Oct 202009436.972.48$233
Sep 2020015037.091.99$299
Aug 202007739.982.39$184
Jul 2020016138.371.83$294
Jun 202009734.901.69$164
May 2020011316.921.81$205
Apr 202006114.751.80$110
Mar 202008130.341.86$150
Feb 2020010949.881.98$216
Jan 202009957.252.09$207
Dec 201908059.012.30$184
Nov 201908355.302.75$228
Oct 201909553.472.42$230
Sep 201909255.052.66$244
Aug 2019012653.112.30$290
Jul 201904556.272.46$111
Jun 201905352.782.49$132
May 201905258.482.74$143
Apr 201901662.632.75$44
Mar 201905656.803.06$171
Feb 20190950.852.79$25
Jan 201901846.033.23$58
Dec 201801946.594.19$80
Nov 201802352.934.24$97
Oct 201804461.443.40$150
Sep 2018017659.543.11$547
Aug 2018013659.403.07$417
Jul 2018111365.142.93$396
Jun 2018025460.183.08$782
May 201801365.382.90$38
Apr 201802063.842.90$58
Mar 201807661.222.79$212
Feb 201809861.782.77$271
Jan 2018010762.874.01$429
Dec 2017113857.272.92$460
Nov 201709455.423.12$293
Oct 2017015249.292.98$454
Sep 2017021347.523.09$658
Aug 2017035645.373.00$1,070
Jul 2017039343.873.09$1,213
Jun 2017326942.493.09$958
May 2017035345.373.26$1,152
Apr 2017145247.933.21$1,500
Mar 2017137946.772.98$1,178
Feb 20179034250.452.95$5,550
Jan 2017042049.413.42$1,436
Dec 2016144448.763.72$1,702
Nov 2016235442.492.64$1,021
Oct 2016148546.193.09$1,545
Sep 2016033441.553.10$1,036
Aug 2016047641.442.92$1,392
Jul 2016041241.622.92$1,205
Jun 2016044445.352.69$1,193
May 2016036742.521.99$731
Apr 2016033436.561.99$665
Mar 2016030833.011.79$553
Feb 2016028526.472.06$588
Jan 20169039527.352.36$3,395
Dec 2015044632.362.00$893
Nov 2015041838.792.17$906
Oct 2015047043.552.43$1,140
Sep 2015049242.992.76$1,357
Aug 2015044240.162.87$1,270
Jul 2015047348.152.95$1,393
Jun 2015054456.152.88$1,568
May 2015041255.212.96$1,218
Apr 2015043149.822.71$1,167
Mar 2015055042.892.93$1,614
Feb 2015040244.662.98$1,196
Jan 2015049043.433.10$1,519
Dec 2014048154.693.59$1,727
Nov 2014060970.464.25$2,589
Oct 2014049978.303.90$1,947
Sep 2014072186.164.05$2,917
Aug 2014040089.394.04$1,614
Jul 201402,75796.564.18$11,523
Jun 201404,33998.164.74$20,553
May 201404,31294.734.73$20,381
Apr 201404,28595.944.81$20,607
Mar 201404,43295.895.06$22,412
Feb 201403,35497.406.19$20,768
Jan 201404,65890.404.86$22,641
Dec 201301,99691.824.35$8,692
Nov 201304,02288.853.74$15,035
Oct 201304,77697.423.78$18,050
Sep 201304,170104.113.72$15,503
Aug 201304,629104.253.52$16,306
Jul 201304,589102.523.72$17,061
Jun 201304,54194.403.93$17,862
May 201304,61294.834.15$19,136
Apr 201304,45193.964.28$19,062
Mar 201304,91593.623.91$19,232
Feb 201304,96491.233.42$16,976
Jan 201304,09291.603.42$13,994
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012841,56389.383.40$12,822
Sep 201203,39094.672.92$9,893
Aug 201203,52092.662.91$10,237
Jul 201203,17285.133.02$9,582
Jun 201202,57779.822.52$6,492
May 201202,81991.612.49$7,015
Apr 201202,202101.652.00$4,397
Mar 201203,751105.052.22$8,335
Feb 201203,722101.102.57$9,566
Jan 201203,87198.092.73$10,584
Dec 201103,90696.873.24$12,654
Nov 201103,09295.723.31$10,238
Oct 201101,52984.983.65$5,579
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011030892.904.64$1,429
May 20110098.134.40$0
Apr 20110826105.964.33$3,579
Mar 2011058996.364.06$2,390
Feb 2011031885.644.18$1,329
Jan 2011011,79786.504.59$54,134
Dec 201001,31385.734.35$5,709
Nov 201001,12280.843.80$4,258
Oct 201001,03778.103.51$3,639
Sep 2010044072.633.98$1,751
Aug 201013272773.684.42$12,939
Jul 201006,66472.554.74$31,564
Jun 201006,82870.364.91$33,528
May 201006,50671.124.24$27,554
Apr 201006,65281.694.12$27,424
Mar 201006,64878.394.39$29,176
Feb 201006,03373.585.44$32,834
Jan 201007,22074.365.96$43,061
Dec 200908,70871.445.48$47,753
Nov 200904,25174.593.75$15,948
Oct 200907,89772.544.11$32,459
Sep 200907,85265.543.06$24,064
Aug 2009056567.423.22$1,818
Jul 200903,98061.133.46$13,789
Jun 200906,34766.163.90$24,722
May 200907,83554.743.93$30,758
Apr 2009897,52746.773.59$31,166
Mar 200909,13342.144.06$37,071
Feb 200907,19732.814.63$33,344
Jan 200907,28935.865.37$39,149
Dec 200806,06537.105.98$36,251
Nov 200807,13955.496.86$48,976
Oct 200808,44175.246.92$58,428
Sep 200807,581101.767.88$59,716
Aug 200806,950114.228.48$58,957
Jul 200808,496131.0811.39$96,765
Jun 2008010,356131.3313.03$134,966
May 200802,597123.1711.57$30,058
Apr 200808,701110.3110.45$90,968
Mar 200808,239101.909.66$79,622
Feb 2008010,27592.538.77$90,118
Jan 200804,25490.388.21$34,907
Dec 200706,06388.337.30$44,272
Nov 200702,14591.677.29$15,641
Oct 200708,45182.856.92$58,498
Sep 20071068,55475.846.24$61,452
Aug 2007011,00569.066.39$70,299
Jul 200707,93870.906.39$50,707
Jun 200707,83762.007.55$59,157
May 200708,70758.747.85$68,318
Apr 200708,26859.617.81$64,533
Mar 200709,36256.927.30$68,361
Feb 200706,67255.108.22$54,817
Jan 200709,18250.306.73$61,766
Dec 2006010,07456.656.92$69,696
Nov 200607,74154.207.62$58,967
Oct 2006847,62454.906.01$50,461
Sep 200609,58460.085.04$48,277
Aug 200609,26468.717.34$67,997
Jul 2006011,15669.376.34$70,760
Jun 200607,87266.286.38$50,254
May 2006011,35666.016.42$72,962
Apr 2006804,44964.397.36$37,898
Mar 200606,84556.707.08$48,483
Feb 2006755,91357.597.75$50,152
Jan 200608,51760.598.93$76,085
Dec 200509,34054.9413.42$125,300
Nov 2005011,25454.6910.59$119,162
Oct 2005010,76658.3413.80$148,525
Sep 200501,54961.4512.08$18,710
Aug 2005011,06761.519.80$108,422
Jul 20058510,29455.697.84$85,476
Jun 2005010,23652.337.38$75,552
May 200509,44645.226.65$62,827
Apr 2005011,04349.207.36$81,282
Mar 2005011,22950.377.15$80,342
Feb 2005010,34945.226.31$65,322
Jan 20059211,94343.166.32$79,477
Dec 2004015,15439.866.75$102,306
Nov 2004010,29645.286.33$65,178
Oct 2004014,34749.706.52$93,472
Sep 2004016,07343.245.28$84,928
Aug 20042516,23442.375.55$91,169
Jul 20042617,24838.286.08$105,935
Jun 20043914,12636.106.43$92,281
May 200413415,38737.486.49$104,954
Apr 200418319,27834.475.86$119,247
Mar 20049124,78534.365.53$140,191
Feb 2004356,93532.455.51$39,345
Jan 2004334,44232.036.30$29,040
Dec 2003625,74330.266.30$38,066
Nov 2003456,69428.804.60$32,056
Oct 2003699,42628.174.76$46,808
Sep 2003910,46526.314.75$49,939
Aug 2003515,45629.765.13$79,434
Jul 2003210,73629.415.17$55,573
Jun 200301,18328.565.98$7,078
May 200332,00026.595.97$12,025
Apr 200348,64226.675.41$46,836
Mar 2003610,27631.146.10$62,830
Feb 200399,31433.487.93$74,123
Jan 20031211,76430.315.58$66,031
Dec 20021010,60426.914.85$51,738
Nov 20021311,02224.664.14$45,918
Oct 20022612,47926.464.23$53,463
Sep 20022813,22127.443.64$48,829
Aug 20021619,09125.963.16$60,822
Jul 200206424.583.06$196
Jun 2002149223.733.34$1,666
May 2002336924.663.58$1,396
Apr 200254,48823.653.51$15,882
Mar 2002011,26922.003.10$34,965
Feb 2002010,11018.222.38$24,018
Jan 2002010,04217.172.38$23,857
Dec 200109,76316.932.36$23,084
Nov 200109,98218.072.41$24,012
Oct 2001011,00619.782.53$27,833
Sep 200109,26524.262.25$20,858
Aug 2001012,12324.873.05$37,013
Jul 2001013,26923.933.20$42,422
Jun 2001013,67824.563.82$52,307
May 2001013,18025.524.31$56,770
Apr 2001012,39924.685.34$66,153
Mar 2001013,87024.545.38$74,571
Feb 2001013,05927.755.77$75,312
Jan 200104,82627.478.40$40,532
Dec 200005,89426.889.12$53,768
Nov 2000011,76332.215.66$66,555
Oct 2000012,58731.235.15$64,766
Sep 20003312,60231.875.19$66,412
Aug 200015912,53629.644.54$61,636
Jul 200017912,67028.534.09$56,924
Jun 200018213,24929.304.40$63,592
May 200022013,81627.263.68$56,837
Apr 200022013,06824.513.12$46,112
Mar 200016515,20828.422.86$48,180
Feb 2000013,25327.622.73$36,134
Jan 2000015,23425.272.48$37,788
Dec 1999014,76424.282.42$35,784
Nov 1999016,03223.192.43$39,022
Oct 1999010,66120.982.80$29,890
Sep 19990121.752.62$3
Aug 199906,53519.262.88$18,792
Jul 199908,64417.892.37$20,507
Jun 199907,26815.942.36$17,168
May 199906,90215.792.32$16,020
Apr 1999014,32115.102.21$31,621
Mar 1999013,45512.471.84$24,735
Feb 1999013,1259.981.82$23,858
Jan 1999013,77710.381.90$26,176
Dec 1998012,5569.201.77$22,266
Nov 1998013,42910.892.19$29,352
Oct 1998016,11912.421.97$31,742
Sep 1998013,21412.592.08$27,520
Aug 1998013,86411.301.91$26,444
Jul 1998010,91611.742.24$24,422
Jun 199809,69711.242.24$21,695
May 1998012,00512.622.21$26,487
Apr 1998011,63613.042.51$29,152
Mar 1998012,91512.802.31$29,826
Feb 1998013,57913.952.30$31,220
Jan 1998011,45814.702.15$24,690
Dec 1997010,23816.322.41$24,685
Nov 1997011,82318.193.09$36,513
Oct 1997014,34919.253.15$45,197
Sep 1997014,32517.742.95$42,329
Aug 1997013,71817.862.55$35,046
Jul 1997013,53417.582.25$30,410
Jun 1997014,13917.242.26$31,915
May 1997013,53918.972.31$31,255
Apr 1997011,42417.882.08$23,794
Mar 1997013,47818.951.94$26,136
Feb 1997012,93520.492.21$28,533
Jan 1997013,55423.483.54$47,977
Dec 1996014,23123.32$0
Nov 1996013,80421.97$0
Oct 1996015,64423.31$0
Sep 1996015,10122.22$0
Aug 1996011,17620.26$0
Jul 199609,65919.55$0
Jun 1996011,15318.73$0
May 1996014,83319.43$0
Apr 1996377,86621.51$796
Mar 19964716,11519.38$911
Feb 19967714,83416.98$1,307
Jan 19968916,68517.07$1,519
Dec 19959416,81217.19$1,616
Nov 19957017,18616.00$1,120
Oct 19954416,13515.43$679
Sep 1995016,17816.18$0
Aug 1995016,81915.92$0
Jul 1995017,32415.24$0
Jun 1995017,58416.41$0
May 1995018,60617.56$0
Apr 1995017,35817.73$0
Mar 1995018,81316.44$0
Feb 1995017,19316.58$0
Jan 1995018,38915.92$0
Dec 1994023,27215.03$0
Nov 1994019,57315.90$0
Oct 1994019,67615.58$0
Sep 1994019,54415.29$0
Aug 1994021,13616.13$0
Jul 1994021,20017.56$0
Jun 1994020,34817.09$0
May 1994019,59115.88$0
Apr 1994019,17714.14$0
Mar 1994020,52112.46$0
Feb 1994918,79812.50$113
Jan 19942420,73912.66$304
Dec 19933520,45812.33$432
Nov 19934320,15314.49$623
Oct 19934222,05515.85$666
Sep 19934521,76315.03$676
Aug 19931522,92415.66$235
Jul 19933822,50315.46$587
Jun 19932721,07016.79$453
May 19932423,57317.68$424
Apr 19932922,93418.05$523
Mar 19933726,06118.14$671
Feb 19933932,16917.90$698
Jan 19934229,88316.93$711

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                  817 Mcf  × $  3.05 =     $2,488

────────────────────────────────────────────────────
Month total                                   $2,595

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/136612 is the state's own key, not one this site invented.