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 137020District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$262 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 Gas111991-03-21122964
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
CondensateDisposition8,916 bbl$317,438
GasProduction996,642 Mcf$1,489,368
Total$1,806,806

563,547 Mcf of this lease's gas, across 42 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 27.6724, -99.0670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67238, -99.06704 · 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
10,200 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 10,200 ft.

Completions filed
Sep 1990
1 of 1 wells

1 well

42-479350645610,200 ftSep 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 2026234,989106.413.05$17,643
Apr 2026344,95798.932.87$17,589
Mar 2026125,18589.753.15$17,407
Feb 2026304,76163.503.75$19,760
Jan 2026135,01659.138.00$40,886
Dec 2025265,48256.664.41$25,667
Nov 2025295,57058.593.93$23,569
Oct 2025225,82559.383.30$20,557
Sep 2025145,69962.743.08$18,414
Aug 2025146,06963.933.01$19,192
Jul 2025276,31066.743.32$22,721
Jun 202505,88966.483.13$18,425
May 2025316,59460.553.23$23,191
Apr 2025306,71462.363.54$25,659
Mar 2025167,69267.704.27$33,915
Feb 2025506,75070.884.34$32,845
Jan 2025167,64674.324.28$33,904
Dec 2024366,88968.993.12$23,987
Nov 2024368,19369.052.20$20,498
Oct 202408,61571.372.28$19,654
Sep 2024188,81269.612.36$22,088
Aug 2024379,14675.632.06$21,672
Jul 2024389,51279.932.15$23,456
Jun 2024149,06478.082.63$24,968
May 202409,78878.812.20$21,518
Apr 202409,32584.451.66$15,472
Mar 202409,79180.301.55$15,128
Feb 202407,52176.091.78$13,415
Jan 202408,46573.023.30$27,915
Dec 202308,63671.262.61$22,546
Nov 202308,33677.892.81$23,404
Oct 202308,55385.443.09$26,406
Sep 202308,02689.042.74$21,951
Aug 202308,55080.522.67$22,853
Jul 202308,44274.852.64$22,302
Jun 202308,25668.962.26$18,646
May 202308,39570.622.23$18,699
Apr 202307,40978.122.24$16,580
Mar 202307,96572.852.39$19,062
Feb 202306,94775.112.47$17,129
Jan 202306,24976.533.39$21,170
Dec 202207,27176.415.73$41,656
Nov 202206,48585.005.65$36,616
Oct 202206,87387.185.86$40,302
Sep 202206,16184.888.16$50,296
Aug 202205,69294.529.13$51,952
Jul 202205,044101.587.54$38,042
Jun 202204,537115.097.98$36,193
May 202203,635109.378.43$30,654
Apr 202203,035104.226.84$20,752
Mar 202202,648108.885.08$13,442
Feb 202201,99691.054.86$9,698
Jan 202201,94881.844.54$8,839
Dec 202101,97671.323.90$7,705
Nov 202101,33677.435.24$6,996
Oct 2021077279.795.71$4,411
Sep 2021089869.865.35$4,805
Aug 2021079066.024.22$3,334
Jul 2021056970.783.98$2,266
Jun 2021047969.493.38$1,619
May 2021083063.483.02$2,505
Apr 2021054560.362.76$1,503
Mar 2021065461.302.72$1,777
Feb 2021026357.805.55$1,459
Jan 2021052950.412.81$1,487
Dec 20201067244.642.68$2,244
Nov 2020641638.772.71$1,359
Oct 20201267936.972.48$2,126
Sep 2020565137.091.99$1,482
Aug 20201269839.982.39$2,145
Jul 20202753738.371.83$2,016
Jun 20202154234.901.69$1,649
May 2020440216.921.81$797
Apr 2020849614.751.80$1,013
Mar 2020858530.341.86$1,329
Feb 20201747449.881.98$1,787
Jan 20201143357.252.09$1,537
Dec 2019557559.012.30$1,620
Nov 2019020255.302.75$556
Oct 2019040253.472.42$972
Sep 2019052955.052.66$1,406
Aug 2019041953.112.30$966
Jul 2019040156.272.46$986
Jun 2019026452.782.49$658
May 2019032758.482.74$896
Apr 2019037862.632.75$1,040
Mar 2019040356.803.06$1,234
Feb 2019039850.852.79$1,111
Jan 2019026146.033.23$843
Dec 2018021346.594.19$892
Nov 2018038252.934.24$1,619
Oct 2018040161.443.40$1,363
Sep 2018064259.543.11$1,995
Aug 2018037259.403.07$1,141
Jul 2018042365.142.93$1,240
Jun 2018044760.183.08$1,375
May 2018041065.382.90$1,189
Apr 2018047663.842.90$1,381
Mar 2018047461.222.79$1,321
Feb 2018042461.782.77$1,173
Jan 2018012662.874.01$505
Dec 2017016757.272.92$488
Nov 2017011455.423.12$355
Oct 2017012249.292.98$364
Sep 2017012247.523.09$377
Aug 2017013945.373.00$418
Jul 2017014343.873.09$441
Jun 2017011842.493.09$364
May 2017013745.373.26$447
Apr 2017013147.933.21$421
Mar 2017013646.772.98$406
Feb 2017012850.452.95$378
Jan 2017013449.413.42$458
Dec 2016014448.763.72$536
Nov 2016012742.492.64$336
Oct 2016013446.193.09$414
Sep 2016012741.553.10$394
Aug 2016013041.442.92$380
Jul 2016015541.622.92$453
Jun 2016013245.352.69$355
May 2016012142.521.99$241
Apr 2016013936.561.99$277
Mar 2016013833.011.79$248
Feb 2016015226.472.06$314
Jan 2016510727.352.36$390
Dec 2015012332.362.00$246
Nov 2015012038.792.17$260
Oct 2015013743.552.43$332
Sep 2015010842.992.76$298
Aug 2015011740.162.87$336
Jul 2015014048.152.95$412
Jun 2015012456.152.88$357
May 2015014255.212.96$420
Apr 2015012249.822.71$330
Mar 2015012742.892.93$373
Feb 2015014044.662.98$417
Jan 2015014643.433.10$453
Dec 2014015754.693.59$564
Nov 201405770.464.25$242
Oct 2014013678.303.90$531
Sep 2014016786.164.05$676
Aug 2014014689.394.04$589
Jul 2014012996.564.18$539
Jun 2014015898.164.74$748
May 2014015394.734.73$723
Apr 2014014795.944.81$707
Mar 2014020095.895.06$1,011
Feb 2014014997.406.19$923
Jan 2014010790.404.86$520
Dec 201309991.824.35$431
Nov 2013013488.853.74$501
Oct 2013015397.423.78$578
Sep 20130153104.113.72$569
Aug 20130144104.253.52$507
Jul 20130183102.523.72$680
Jun 2013026794.403.93$1,050
May 201306694.834.15$274
Apr 2013014093.964.28$600
Mar 2013027093.623.91$1,056
Feb 2013015691.233.42$534
Jan 2013014391.603.42$489
Dec 2012015086.773.42$513
Nov 2012013286.953.62$478
Oct 2012014089.383.40$476
Sep 2012012594.672.92$365
Aug 2012012892.662.91$372
Jul 2012014085.133.02$423
Jun 2012015779.822.52$395
May 2012012691.612.49$314
Apr 20120168101.652.00$335
Mar 20120177105.052.22$393
Feb 20120108101.102.57$278
Jan 2012014698.092.73$399
Dec 2011018596.873.24$599
Nov 2011015795.723.31$520
Oct 2011019884.983.65$722
Sep 2011020383.623.99$809
Aug 2011013683.404.15$564
Jul 2011018294.144.52$822
Jun 2011021292.904.64$984
May 2011018498.134.40$810
Apr 20116168105.964.33$1,364
Mar 20118014996.364.06$8,313
Feb 201113016585.644.18$11,823
Jan 201113717586.504.59$12,654
Dec 201016617185.734.35$14,975
Nov 20109115180.843.80$7,930
Oct 20107612078.103.51$6,357
Sep 20104814572.633.98$4,063
Aug 20102514673.684.42$2,487
Jul 20102613872.554.74$2,540
Jun 20102912670.364.91$2,659
May 2010175971.124.24$1,459
Apr 20103211381.694.12$3,080
Mar 201017977978.394.39$17,451
Feb 20102641,00073.585.44$24,867
Jan 20101701,11074.365.96$19,261
Dec 20092701,17671.445.48$25,738
Nov 20092021,00474.593.75$18,834
Oct 200910668672.544.11$10,509
Sep 20092218465.543.06$2,006
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200006232.215.66$351
Oct 200031031.235.15$145
Sep 20002314431.875.19$1,480
Aug 20004524029.644.54$2,424
Jul 20005425128.534.09$2,567
Jun 20005217829.304.40$2,306
May 200022487027.263.68$9,308
Apr 20008284,70424.513.12$34,952
Mar 200004,64928.422.86$13,295
Feb 2000033927.622.73$924
Jan 2000048325.272.48$1,198
Dec 1999048524.282.42$1,176
Nov 1999042223.192.43$1,027
Oct 1999029720.982.80$833
Sep 1999064021.752.62$1,676
Aug 1999059919.262.88$1,722
Jul 1999062917.892.37$1,492
Jun 1999078415.942.36$1,852
May 1999061315.792.32$1,423
Apr 1999048115.102.21$1,062
Mar 1999050512.471.84$928
Feb 199903459.981.82$627
Jan 1999027710.381.90$526
Dec 199802629.201.77$465
Nov 1998027510.892.19$601
Oct 19987012.421.97$87
Sep 1998051412.592.08$1,070
Aug 1998058711.301.91$1,120
Jul 1998048911.742.24$1,094
Jun 1998061211.242.24$1,369
May 1998066812.622.21$1,474
Apr 1998060213.042.51$1,508
Mar 1998057112.802.31$1,319
Feb 1998050513.952.30$1,161
Jan 1998059914.702.15$1,291
Dec 1997066316.322.41$1,599
Nov 1997060618.193.09$1,871
Oct 1997065619.253.15$2,066
Sep 1997032217.742.95$951
Aug 1997064817.862.55$1,655
Jul 1997066417.582.25$1,492
Jun 1997064117.242.26$1,447
May 1997063318.972.31$1,461
Apr 1997056717.882.08$1,181
Mar 1997059218.951.94$1,148
Feb 1997857720.492.21$1,437
Jan 1997062623.483.54$2,216
Dec 1996154023.32$23
Nov 1996155221.97$22
Oct 1996054423.31$0
Sep 1996056622.22$0
Aug 1996143820.26$20
Jul 1996061619.55$0
Jun 1996041518.73$0
May 1996045219.43$0
Apr 1996044321.51$0
Mar 1996064019.38$0
Feb 1996067516.98$0
Jan 1996019917.07$0
Dec 19950017.19$0
Nov 1995058116.00$0
Oct 199501,14715.43$0
Sep 1995192416.18$16
Aug 19950015.92$0
Jul 199515015.24$229
Jun 19950016.41$0
May 19950017.56$0
Apr 199560017.73$1,064
Mar 19951776,92916.44$2,910
Feb 1995212,52416.58$33
Jan 199539,11315.92$48
Dec 199410810,07015.03$1,623
Nov 1994210,26715.90$32
Oct 19941548,10515.58$2,399
Sep 19948914,54715.29$1,361
Aug 199414816,03316.13$2,387
Jul 199416117,21217.56$2,827
Jun 199415218,12717.09$2,598
May 199416615,99015.88$2,636
Apr 199417220,21314.14$2,432
Mar 199417021,48712.46$2,118
Feb 199417919,81512.50$2,238
Jan 199418121,07712.66$2,291
Dec 199316421,99112.33$2,022
Nov 199316623,18614.49$2,405
Oct 199315223,29315.85$2,409
Sep 199317825,73015.03$2,675
Aug 199330428,31815.66$4,761
Jul 199314629,52815.46$2,257
Jun 199336326,35816.79$6,095
May 199317927,84817.68$3,165
Apr 199336330,14918.05$6,552
Mar 199318432,87718.14$3,338
Feb 199336829,53317.90$6,587
Jan 199336934,49516.93$6,247

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            23 bbl  × $106.41 =     $2,447
Gas                4,989 Mcf  × $  3.05 =    $15,196

────────────────────────────────────────────────────
Month total                                  $17,643

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/137020 is the state's own key, not one this site invented.