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 137346District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$6 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 Gas111991-07-17123678
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
CondensateDisposition7,512 bbl$164,288
GasProduction1,192,895 Mcf$1,993,505
Total$2,157,793

766,308 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 27.6657, -99.0627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66574, -99.06265 · 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
10,265 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 10,265 ft.

Completions filed
Dec 1990
1 of 1 wells

1 well

42-479351015710,265 ftDec 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 2026187106.413.05$371
Apr 2026579998.932.87$2,788
Mar 2026019289.753.15$605
Feb 202618363.503.75$375
Jan 2026011859.138.00$944
Dec 202503856.664.41$168
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202502762.743.08$83
Aug 20250063.933.01$0
Jul 202517966.743.32$329
Jun 2025011266.483.13$350
May 2025112260.553.23$455
Apr 2025010762.363.54$379
Mar 2025011467.704.27$487
Feb 2025110570.884.34$527
Jan 2025011474.324.28$488
Dec 202413168.993.12$166
Nov 202429969.052.20$356
Oct 202401,02271.372.28$2,332
Sep 2024038969.612.36$920
Aug 2024012675.632.06$260
Jul 202406879.932.15$146
Jun 2024014178.082.63$371
May 2024015478.812.20$339
Apr 2024013884.451.66$229
Mar 2024013580.301.55$209
Feb 2024016976.091.78$301
Jan 2024018873.023.30$620
Dec 2023116671.262.61$505
Nov 2023513877.892.81$777
Oct 2023211685.443.09$529
Sep 2023413889.042.74$734
Aug 2023214480.522.67$546
Jul 202349774.852.64$556
Jun 20233068.962.26$207
May 2023430070.622.23$951
Apr 20232278.122.24$161
Mar 20234072.852.39$291
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202206585.005.65$367
Oct 202208787.185.86$510
Sep 202207584.888.16$612
Aug 202205494.529.13$493
Jul 2022042101.587.54$317
Jun 20220687115.097.98$5,480
May 20220114109.378.43$961
Apr 20220147104.226.84$1,005
Mar 20220120108.885.08$609
Feb 202205191.054.86$248
Jan 2022011981.844.54$540
Dec 2021015571.323.90$604
Nov 2021024077.435.24$1,257
Oct 2021013979.795.71$794
Sep 2021029369.865.35$1,568
Aug 2021022066.024.22$929
Jul 2021147470.783.98$1,958
Jun 2021170869.493.38$2,463
May 202154363.483.02$447
Apr 2021060660.362.76$1,672
Mar 2021920261.302.72$1,101
Feb 2021313157.805.55$900
Jan 2021711850.412.81$684
Dec 2020332744.642.68$1,009
Nov 2020013438.772.71$363
Oct 2020091036.972.48$2,255
Sep 2020078837.091.99$1,569
Aug 2020057839.982.39$1,379
Jul 2020067938.371.83$1,239
Jun 202065334.901.69$299
May 202029016.921.81$197
Apr 202068914.751.80$249
Mar 2020613130.341.86$425
Feb 2020121,47049.881.98$3,510
Jan 2020725957.252.09$943
Dec 2019315459.012.30$532
Nov 2019019955.302.75$547
Oct 2019015553.472.42$375
Sep 2019013855.052.66$367
Aug 2019010053.112.30$230
Jul 2019079856.272.46$1,963
Jun 2019067852.782.49$1,689
May 2019014158.482.74$386
Apr 2019012062.632.75$330
Mar 2019015656.803.06$478
Feb 2019014950.852.79$416
Jan 2019012846.033.23$413
Dec 201805046.594.19$209
Nov 201807752.934.24$326
Oct 201807661.443.40$258
Sep 2018041259.543.11$1,281
Aug 2018036359.403.07$1,113
Jul 201801,10465.142.93$3,237
Jun 2018039560.183.08$1,215
May 2018019565.382.90$566
Apr 2018012363.842.90$357
Mar 2018012461.222.79$346
Feb 2018010761.782.77$296
Jan 2018012362.874.01$493
Dec 2017014357.272.92$418
Nov 2017012055.423.12$374
Oct 2017031949.292.98$952
Sep 2017025847.523.09$797
Aug 2017015545.373.00$466
Jul 2017017043.873.09$525
Jun 2017068842.493.09$2,124
May 201701,98345.373.26$6,471
Apr 201702,28047.933.21$7,322
Mar 2017029046.772.98$865
Feb 2017025650.452.95$756
Jan 2017028749.413.42$981
Dec 2016027148.763.72$1,009
Nov 2016026342.492.64$695
Oct 2016027546.193.09$850
Sep 2016024841.553.10$769
Aug 2016024841.442.92$725
Jul 2016025441.622.92$743
Jun 2016024845.352.69$666
May 2016023442.521.99$466
Apr 2016047536.561.99$946
Mar 2016043733.011.79$784
Feb 2016017026.472.06$351
Jan 2016315727.352.36$453
Dec 2015027732.362.00$554
Nov 2015045238.792.17$980
Oct 2015024543.552.43$595
Sep 2015027242.992.76$750
Aug 2015027340.162.87$784
Jul 2015023648.152.95$695
Jun 2015023456.152.88$675
May 2015021455.212.96$632
Apr 2015019949.822.71$539
Mar 2015064242.892.93$1,884
Feb 201501,37444.662.98$4,089
Jan 2015090743.433.10$2,812
Dec 2014024454.693.59$876
Nov 2014022370.464.25$948
Oct 2014018578.303.90$722
Sep 2014016886.164.05$680
Aug 2014023389.394.04$940
Jul 2014023196.564.18$965
Jun 2014028498.164.74$1,345
May 2014023394.734.73$1,101
Apr 2014021595.944.81$1,034
Mar 2014022995.895.06$1,158
Feb 2014015997.406.19$985
Jan 2014019990.404.86$967
Dec 2013025191.824.35$1,093
Nov 201301,03188.853.74$3,854
Oct 2013082497.423.78$3,114
Sep 20130395104.113.72$1,469
Aug 201301,959104.253.52$6,901
Jul 20130301102.523.72$1,119
Jun 2013021694.403.93$850
May 2013018894.834.15$780
Apr 201301,17393.964.28$5,023
Mar 2013041193.623.91$1,608
Feb 2013025091.233.42$855
Jan 2013032091.603.42$1,094
Dec 2012022686.773.42$773
Nov 2012059086.953.62$2,139
Oct 2012019189.383.40$649
Sep 2012028894.672.92$841
Aug 2012024992.662.91$724
Jul 2012024985.133.02$752
Jun 2012027879.822.52$700
May 2012030591.612.49$759
Apr 20120215101.652.00$429
Mar 20120651105.052.22$1,447
Feb 20120230101.102.57$591
Jan 201201,20398.092.73$3,289
Dec 2011053896.873.24$1,743
Nov 2011024695.723.31$815
Oct 2011025984.983.65$945
Sep 2011028783.623.99$1,144
Aug 2011023683.404.15$979
Jul 201101,44194.144.52$6,509
Jun 2011079592.904.64$3,689
May 201101,34298.134.40$5,911
Apr 20110238105.964.33$1,031
Mar 2011031496.364.06$1,274
Feb 2011073785.644.18$3,081
Jan 201101,28886.504.59$5,910
Dec 2010034385.734.35$1,491
Nov 2010034180.843.80$1,294
Oct 2010038978.103.51$1,365
Sep 2010084372.633.98$3,355
Aug 201001,37973.684.42$6,094
Jul 20100072.554.74$0
Jun 2010017170.364.91$840
May 2010036771.124.24$1,554
Apr 2010035681.694.12$1,468
Mar 2010031278.394.39$1,369
Feb 2010032273.585.44$1,752
Jan 2010044374.365.96$2,642
Dec 2009056271.445.48$3,082
Nov 2009159474.593.75$2,303
Oct 20091288772.544.11$4,516
Sep 200991,05765.543.06$3,829
Aug 2009556467.423.22$2,152
Jul 2009161,78261.133.46$7,152
Jun 2009241,93466.163.90$9,121
May 2009292,52054.743.93$11,480
Apr 2009232,57446.773.59$10,310
Mar 2009262,20742.144.06$10,054
Feb 2009192,34532.814.63$11,488
Jan 2009282,68635.865.37$15,431
Dec 2008312,72537.105.98$17,438
Nov 2008252,80655.496.86$20,637
Oct 200802,71575.246.92$18,793
Sep 200803,147101.767.88$24,789
Aug 200802,361114.228.48$20,028
Jul 200803,476131.0811.39$39,590
Jun 200803,011131.3313.03$39,241
May 200802,314123.1711.57$26,783
Apr 200862,761110.3110.45$29,528
Mar 2008523,970101.909.66$43,665
Feb 2008423,56992.538.77$35,188
Jan 2008423,26590.388.21$30,588
Dec 2007412,89488.337.30$24,753
Nov 20071286791.677.29$7,422
Oct 2007070382.856.92$4,866
Sep 20070675.846.24$37
Aug 200707269.066.39$460
Jul 2007060370.906.39$3,852
Jun 200701,04862.007.55$7,911
May 200701,19858.747.85$9,400
Apr 200701,00159.617.81$7,813
Mar 200701,39356.927.30$10,172
Feb 200701,55055.108.22$12,735
Jan 200701,61850.306.73$10,884
Dec 200601,64056.656.92$11,346
Nov 200601,60154.207.62$12,196
Oct 200602,82854.906.01$17,007
Sep 200603,61060.085.04$18,184
Aug 200606,06168.717.34$44,487
Jul 2006023169.376.34$1,465
Jun 200601,14166.286.38$7,284
May 2006062066.016.42$3,984
Apr 200602,12664.397.36$15,648
Mar 200611,40856.707.08$10,029
Feb 2006281,52957.597.75$13,464
Jan 2006502,99960.598.93$29,821
Dec 2005474,17554.9413.42$58,591
Nov 2005111,28054.6910.59$14,155
Oct 2005192,14758.3413.80$30,728
Sep 200503,66461.4512.08$44,257
Aug 2005057761.519.80$5,653
Jul 200501,40255.697.84$10,997
Jun 200501,24552.337.38$9,189
May 200501,13345.226.65$7,536
Apr 200511,17449.207.36$8,690
Mar 2005101,43150.377.15$10,742
Feb 2005191,96045.226.31$13,231
Jan 2005151,58843.166.32$10,687
Dec 2004151,66339.866.75$11,825
Nov 2004161,92645.286.33$12,917
Oct 2004192,61349.706.52$17,968
Sep 2004101,47443.245.28$8,221
Aug 2004172,67742.375.55$15,579
Jul 2004303,98738.286.08$25,406
Jun 2004182,92636.106.43$19,473
May 200402,93537.486.49$19,062
Apr 200403,06334.475.86$17,944
Mar 200403,19334.365.53$17,658
Feb 200405,75832.455.51$31,724
Jan 200403,74432.036.30$23,586
Dec 2003019930.266.30$1,254
Nov 200301,05128.804.60$4,830
Oct 200301,94328.174.76$9,248
Sep 2003081826.314.75$3,885
Aug 200301,21629.765.13$6,238
Jul 200301,47529.415.17$7,627
Jun 200301,75128.565.98$10,476
May 200301,72026.595.97$10,273
Apr 200301,97826.675.41$10,696
Mar 200302,15431.146.10$13,131
Feb 200302,64033.487.93$20,924
Jan 200303,09430.315.58$17,271
Dec 200204,13526.914.85$20,070
Nov 200204,01524.664.14$16,610
Oct 20021386226.464.23$3,989
Sep 2002741127.443.64$1,686
Aug 20021058625.963.16$2,114
Jul 2002683,14124.583.06$11,288
Jun 2002838423.733.34$1,472
May 200261024.663.58$1,504
Apr 20026299023.653.51$4,944
Mar 2002633,22622.003.10$11,395
Feb 2002551,25618.222.38$3,986
Jan 2002501,99017.172.38$5,586
Dec 2001391,81716.932.36$4,956
Nov 2001461,75518.072.41$5,053
Oct 2001522,28019.782.53$6,794
Sep 2001452,21824.262.25$6,085
Aug 20012197624.873.05$3,502
Jul 20011684223.933.20$3,075
Jun 2001281,35324.563.82$5,862
May 2001271,25125.524.31$6,078
Apr 200101,14824.685.34$6,125
Mar 200101,12024.545.38$6,022
Feb 200101,70227.755.77$9,816
Jan 2001090527.478.40$7,601
Dec 2000086626.889.12$7,900
Nov 200001,35032.215.66$7,638
Oct 200001,50131.235.15$7,723
Sep 200002,22631.875.19$11,545
Aug 2000072229.644.54$3,278
Jul 200002,26528.534.09$9,263
Jun 200002,08029.304.40$9,146
May 200002,07327.263.68$7,628
Apr 200001,15124.513.12$3,587
Mar 200002,18028.422.86$6,234
Feb 200001,97427.622.73$5,382
Jan 200003,15625.272.48$7,828
Dec 199902,22824.282.42$5,400
Nov 1999203,09523.192.43$7,997
Oct 1999243,98220.982.80$11,668
Sep 1999213,61221.752.62$9,916
Aug 1999142,51819.262.88$7,510
Jul 1999163,24517.892.37$7,985
Jun 1999112,83915.942.36$6,881
May 1999203,63215.792.32$8,746
Apr 1999172,47515.102.21$5,722
Mar 1999171,82512.471.84$3,567
Feb 1999212,5159.981.82$4,781
Jan 1999332,04510.381.90$4,228
Dec 1998131,8359.201.77$3,374
Nov 1998151,58610.892.19$3,630
Oct 1998253,98312.421.97$8,154
Sep 1998423,16812.592.08$7,127
Aug 1998685,83011.301.91$11,888
Jul 199804,81111.742.24$10,764
Jun 199805,31611.242.24$11,893
May 19981247,41712.622.21$17,929
Apr 199806,44213.042.51$16,139
Mar 199806,36812.802.31$14,707
Feb 199805,28813.952.30$12,158
Jan 199804,54514.702.15$9,794
Dec 19971444,10616.322.41$12,250
Nov 199704,98418.193.09$15,392
Oct 199703,75519.253.15$11,828
Sep 199703,57317.742.95$10,558
Aug 199753,45417.862.55$8,913
Jul 199703,54617.582.25$7,968
Jun 199702,32617.242.26$5,250
May 199722,37618.972.31$5,523
Apr 199702,57217.882.08$5,357
Mar 1997572,80718.951.94$6,523
Feb 199712,35220.492.21$5,209
Jan 199722,41723.483.54$8,602
Dec 19961052,93123.32$2,449
Nov 199612,91921.97$22
Oct 199633,00823.31$70
Sep 199622,73822.22$44
Aug 199622,89620.26$41
Jul 199602,60219.55$0
Jun 1996403,24918.73$749
May 199612,97319.43$19
Apr 1996752,93721.51$1,613
Mar 199653,02519.38$97
Feb 199622,63916.98$34
Jan 199612,92917.07$17
Dec 1995865,57017.19$1,478
Nov 199536,52716.00$48
Oct 19951766,66815.43$2,716
Sep 1995511,17516.18$81
Aug 1995412,17615.92$64
Jul 199511510,63915.24$1,753
Jun 19951779,15216.41$2,905
May 1995413,69717.56$70
Apr 199517412,04717.73$3,085
Mar 1995420,44316.44$66
Feb 199510015,62416.58$1,658
Jan 199518212,29215.92$2,897
Dec 199416417,36615.03$2,465
Nov 1994515,68515.90$80
Oct 1994112,56415.58$16
Sep 199410910,67015.29$1,667
Aug 1994211,38716.13$32
Jul 199417019,00917.56$2,985
Jun 199427,48117.09$34
May 199417013,75515.88$2,700
Apr 199417618,13814.14$2,489
Mar 199416921,19012.46$2,106
Feb 199418823,43512.50$2,350
Jan 199416922,05912.66$2,140
Dec 199316624,43712.33$2,047
Nov 199316625,20014.49$2,405
Oct 199318227,01915.85$2,885
Sep 199316627,32615.03$2,495
Aug 1993031,82215.66$0
Jul 199315525,14715.46$2,396
Jun 199336132,16816.79$6,061
May 199318232,90917.68$3,218
Apr 199336337,96218.05$6,552
Mar 199318145,00018.14$3,283
Feb 199336341,17217.90$6,498
Jan 199336552,55116.93$6,179

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                   87 Mcf  × $  3.05 =       $265

────────────────────────────────────────────────────
Month total                                     $371

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/137346 is the state's own key, not one this site invented.