LA PERLA

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

Gas lease lease 137988District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$128 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 719 leases and 719 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
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas111991-05-24123455
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
CondensateDisposition81 bbl$1,437
GasProduction3,567,782 Mcf$6,674,548
Total$6,675,985

1,798,755 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 27.1701, -99.3597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.17013, -99.35970 · 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
Mar 1991
1 of 1 wells

1 well

42-5053274513610,500 ftMar 1991

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 202604106.413.05$12
Apr 2026051998.932.87$1,489
Mar 202603,87789.753.15$12,210
Feb 202602,88663.503.75$10,823
Jan 202603,17859.138.00$25,417
Dec 202503,12556.664.41$13,792
Nov 202503,15158.593.93$12,372
Oct 202503,01559.383.30$9,964
Sep 202503,15462.743.08$9,705
Aug 202503,45663.933.01$10,419
Jul 202503,41866.743.32$11,331
Jun 202503,32566.483.13$10,403
May 202503,47060.553.23$11,216
Apr 202503,30362.363.54$11,703
Mar 202503,44467.704.27$14,700
Feb 202503,42870.884.34$14,880
Jan 202503,63874.324.28$15,566
Dec 202403,57168.993.12$11,146
Nov 202403,49269.052.20$7,677
Oct 202403,59671.372.28$8,204
Sep 202404,90869.612.36$11,604
Aug 202404,08475.632.06$8,428
Jul 202403,94479.932.15$8,466
Jun 202403,81278.082.63$10,041
May 202405,91778.812.20$13,008
Apr 202405,54784.451.66$9,204
Mar 202402,03280.301.55$3,140
Feb 202402,78376.091.78$4,964
Jan 202403,32773.023.30$10,971
Dec 202302,56671.262.61$6,699
Nov 202303,03777.892.81$8,527
Oct 202303,09285.443.09$9,546
Sep 202302,89389.042.74$7,912
Aug 202303,14280.522.67$8,398
Jul 202303,97674.852.64$10,504
Jun 202303,06768.962.26$6,927
May 202303,20870.622.23$7,146
Apr 202303,45178.122.24$7,723
Mar 202303,89172.852.39$9,312
Feb 202303,68675.112.47$9,089
Jan 202304,48176.533.39$15,180
Dec 202205,53176.415.73$31,688
Nov 202205,26585.005.65$29,727
Oct 202206,66287.185.86$39,064
Sep 202204,73184.888.16$38,622
Aug 202202,98294.529.13$27,217
Jul 202204,486101.587.54$33,834
Jun 202206,664115.097.98$53,160
May 202206,640109.378.43$55,995
Apr 202206,496104.226.84$44,417
Mar 202207,583108.885.08$38,494
Feb 202208,55091.054.86$41,543
Jan 2022010,46881.844.54$47,500
Dec 2021011,08171.323.90$43,206
Nov 2021010,22477.435.24$53,542
Oct 2021011,40679.795.71$65,172
Sep 202109,90469.865.35$52,996
Aug 202109,52266.024.22$40,188
Jul 2021010,89270.783.98$43,373
Jun 202107,28769.493.38$24,635
May 202101,39863.483.02$4,219
Apr 2021062860.362.76$1,732
Mar 2021073061.302.72$1,983
Feb 2021068557.805.55$3,800
Jan 2021077250.412.81$2,170
Dec 2020071644.642.68$1,916
Nov 2020072538.772.71$1,962
Oct 2020078736.972.48$1,951
Sep 2020078237.091.99$1,557
Aug 2020074739.982.39$1,782
Jul 2020076638.371.83$1,398
Jun 2020079934.901.69$1,351
May 2020076916.921.81$1,396
Apr 2020067014.751.80$1,209
Mar 2020078530.341.86$1,457
Feb 2020072149.881.98$1,428
Jan 2020073957.252.09$1,548
Dec 2019065559.012.30$1,509
Nov 2019067355.302.75$1,851
Oct 2019079253.472.42$1,915
Sep 2019069855.052.66$1,855
Aug 2019078853.112.30$1,816
Jul 2019062856.272.46$1,545
Jun 2019068552.782.49$1,706
May 2019078258.482.74$2,143
Apr 2019073962.632.75$2,033
Mar 2019076256.803.06$2,333
Feb 2019067350.852.79$1,879
Jan 2019045046.033.23$1,453
Dec 2018046746.594.19$1,955
Nov 2018062052.934.24$2,627
Oct 2018063961.443.40$2,171
Sep 2018067559.543.11$2,098
Aug 2018069059.403.07$2,116
Jul 2018068165.142.93$1,997
Jun 2018070060.183.08$2,154
May 2018075265.382.90$2,181
Apr 2018075063.842.90$2,176
Mar 2018076461.222.79$2,129
Feb 2018068661.782.77$1,898
Jan 2018076562.874.01$3,067
Dec 2017078657.272.92$2,296
Nov 2017079955.423.12$2,492
Oct 2017082049.292.98$2,447
Sep 2017080647.523.09$2,488
Aug 2017081045.373.00$2,434
Jul 2017072543.873.09$2,238
Jun 2017063042.493.09$1,945
May 2017074645.373.26$2,435
Apr 2017079947.933.21$2,566
Mar 2017081946.772.98$2,444
Feb 2017080750.452.95$2,383
Jan 2017092549.413.42$3,162
Dec 2016083248.763.72$3,097
Nov 2016087042.492.64$2,301
Oct 2016089846.193.09$2,775
Sep 2016089641.553.10$2,778
Aug 2016090541.442.92$2,647
Jul 2016093141.622.92$2,723
Jun 2016088045.352.69$2,364
May 2016094842.521.99$1,888
Apr 2016090736.561.99$1,806
Mar 2016077133.011.79$1,383
Feb 201602,18126.472.06$4,501
Jan 201601,43127.352.36$3,383
Dec 201501,90432.362.00$3,811
Nov 201503,82738.792.17$8,294
Oct 201503,43043.552.43$8,323
Sep 201504,50142.992.76$12,416
Aug 201503,61840.162.87$10,393
Jul 201502,91848.152.95$8,594
Jun 201504,22756.152.88$12,186
May 201502,98955.212.96$8,834
Apr 201505,29349.822.71$14,326
Mar 201504,21942.892.93$12,382
Feb 201501,42844.662.98$4,250
Jan 201502,21043.433.10$6,852
Dec 201403,33354.693.59$11,970
Nov 201405,22070.464.25$22,195
Oct 201404,98278.303.90$19,435
Sep 201404,56386.164.05$18,459
Aug 201404,44689.394.04$17,940
Jul 201403,84696.564.18$16,075
Jun 201405,49098.164.74$26,005
May 201405,79194.734.73$27,372
Apr 201405,77895.944.81$27,787
Mar 201405,52795.895.06$27,949
Feb 201404,26297.406.19$26,390
Jan 201403,75290.404.86$18,237
Dec 201305,25591.824.35$22,883
Nov 201304,90388.853.74$18,329
Oct 201306,60197.423.78$24,948
Sep 201305,935104.113.72$22,065
Aug 201305,378104.253.52$18,945
Jul 201305,511102.523.72$20,488
Jun 201306,19894.403.93$24,379
May 201305,52694.834.15$22,928
Apr 201304,73393.964.28$20,270
Mar 201307,01893.623.91$27,461
Feb 201305,80691.233.42$19,856
Jan 201306,36691.603.42$21,771
Dec 201206,48486.773.42$22,176
Nov 201206,62486.953.62$24,012
Oct 201205,94389.383.40$20,204
Sep 201205,32394.672.92$15,535
Aug 201205,44892.662.91$15,844
Jul 201205,02285.133.02$15,170
Jun 201203,90779.822.52$9,842
May 201204,95791.612.49$12,335
Apr 201203,587101.652.00$7,163
Mar 201203,997105.052.22$8,882
Feb 201204,934101.102.57$12,682
Jan 201206,79298.092.73$18,570
Dec 201105,61796.873.24$18,198
Nov 201106,34995.723.31$21,023
Oct 201107,19684.983.65$26,255
Sep 201107,43083.623.99$29,614
Aug 201109,33083.404.15$38,713
Jul 201108,78794.144.52$39,693
Jun 201109,22992.904.64$42,821
May 201108,91598.134.40$39,269
Apr 201108,740105.964.33$37,873
Mar 201107,54796.364.06$30,621
Feb 201106,74485.644.18$28,190
Jan 201108,12386.504.59$37,275
Dec 201008,67185.734.35$37,699
Nov 201009,95480.843.80$37,779
Oct 2010011,63878.103.51$40,836
Sep 2010011,66072.633.98$46,401
Aug 2010012,56273.684.42$55,516
Jul 2010013,70972.554.74$64,933
Jun 2010013,84870.364.91$67,999
May 2010015,29271.124.24$64,765
Apr 2010012,92581.694.12$53,286
Mar 2010011,23178.394.39$49,289
Feb 2010010,46773.585.44$56,965
Jan 201009,89474.365.96$59,009
Dec 200909,13371.445.48$50,083
Nov 200908,49374.593.75$31,861
Oct 200904,42872.544.11$18,200
Sep 200904,09365.543.06$12,544
Aug 200903,09067.423.22$9,945
Jul 200903,16361.133.46$10,958
Jun 200904,26266.163.90$16,600
May 200903,41054.743.93$13,387
Apr 200904,92346.773.59$17,661
Mar 200904,26642.144.06$17,316
Feb 200905,67932.814.63$26,311
Jan 200905,42535.865.37$29,138
Dec 200806,57137.105.98$39,276
Nov 200805,49655.496.86$37,705
Oct 200807,20475.246.92$49,866
Sep 200807,075101.767.88$55,730
Aug 200808,026114.228.48$68,085
Jul 200808,159131.0811.39$92,926
Jun 200807,877131.3313.03$102,658
May 200806,783123.1711.57$78,508
Apr 200803,183110.3110.45$33,278
Mar 200801,041101.909.66$10,060
Feb 200801,99892.538.77$17,524
Jan 20080090.388.21$0
Dec 2007016588.337.30$1,205
Nov 200706691.677.29$481
Oct 2007088882.856.92$6,147
Sep 200701,41875.846.24$8,854
Aug 2007032569.066.39$2,076
Jul 2007023470.906.39$1,495
Jun 2007021362.007.55$1,608
May 2007041558.747.85$3,256
Apr 2007091959.617.81$7,173
Mar 2007047656.927.30$3,476
Feb 2007077255.108.22$6,343
Jan 2007083550.306.73$5,617
Dec 200601,00456.656.92$6,946
Nov 2006072454.207.62$5,515
Oct 2006095754.906.01$5,755
Sep 2006065160.085.04$3,279
Aug 2006011868.717.34$866
Jul 2006040869.376.34$2,588
Jun 2006082566.286.38$5,267
May 2006078266.016.42$5,024
Apr 2006084364.397.36$6,205
Mar 2006090556.707.08$6,410
Feb 2006085457.597.75$6,619
Jan 2006093860.598.93$8,379
Dec 2005095954.9413.42$12,865
Nov 2005085454.6910.59$9,042
Oct 200501,03458.3413.80$14,265
Sep 2005097061.4512.08$11,717
Aug 200501,17761.519.80$11,531
Jul 200501,18855.697.84$9,318
Jun 200501,20052.337.38$8,857
May 200501,21145.226.65$8,055
Apr 2005090049.207.36$6,624
Mar 200501,21850.377.15$8,715
Feb 200501,00245.226.31$6,325
Jan 200501,15543.166.32$7,302
Dec 20040939.866.75$61
Nov 2004062145.286.33$3,931
Oct 200402,57849.706.52$16,796
Sep 200401,38643.245.28$7,323
Aug 2004074242.375.55$4,119
Jul 200402,10338.286.08$12,795
Jun 200402,03336.106.43$13,078
May 200401,86237.486.49$12,093
Apr 200401,70434.475.86$9,983
Mar 200402,05534.365.53$11,364
Feb 200401,48032.455.51$8,154
Jan 200402,52932.036.30$15,932
Dec 200302,63930.266.30$16,630
Nov 200302,91728.804.60$13,404
Oct 200302,65928.174.76$12,656
Sep 200302,40726.314.75$11,432
Aug 200301,31629.765.13$6,751
Jul 200302,29029.415.17$11,841
Jun 200301,84328.565.98$11,027
May 200302,04726.595.97$12,226
Apr 200301,93926.675.41$10,485
Mar 200302,56731.146.10$15,649
Feb 200302,28633.487.93$18,119
Jan 200302,43430.315.58$13,587
Dec 200202,34126.914.85$11,363
Nov 200202,63024.664.14$10,880
Oct 200202,52526.464.23$10,679
Sep 200202,39427.443.64$8,703
Aug 200202,63825.963.16$8,347
Jul 200202,57824.583.06$7,893
Jun 200202,66423.733.34$8,893
May 200203,04824.663.58$10,924
Apr 200201,89123.653.51$6,642
Mar 200203,04122.003.10$9,435
Feb 200205,82718.222.38$13,843
Jan 200206,27917.172.38$14,917
Dec 200104,70516.932.36$11,125
Nov 200104,79318.072.41$11,530
Oct 200106,12819.782.53$15,497
Sep 200105,46424.262.25$12,301
Aug 200105,18724.873.05$15,837
Jul 200105,92523.933.20$18,943
Jun 200105,54824.563.82$21,216
May 200106,26625.524.31$26,990
Apr 200105,09724.685.34$27,194
Mar 200104,37724.545.38$23,533
Feb 200104,36927.755.77$25,196
Jan 200105,92227.478.40$49,737
Dec 200006,10526.889.12$55,693
Nov 200005,61432.215.66$31,764
Oct 200006,25331.235.15$32,175
Sep 200008,71231.875.19$45,185
Aug 200009,90829.644.54$44,990
Jul 200009,48328.534.09$38,783
Jun 2000010,31129.304.40$45,340
May 200007,80627.263.68$28,724
Apr 200006,23824.513.12$19,438
Mar 200007,52328.422.86$21,514
Feb 200009,24527.622.73$25,206
Jan 2000011,02625.272.48$27,350
Dec 1999010,73424.282.42$26,016
Nov 199906,34023.192.43$15,432
Oct 199908,31520.982.80$23,313
Sep 1999014,05721.752.62$36,813
Aug 1999012,48919.262.88$35,913
Jul 1999012,96917.892.37$30,767
Jun 1999813,99515.942.36$33,185
May 1999010,70015.792.32$24,835
Apr 1999011,34015.102.21$25,039
Mar 1999010,18212.471.84$18,718
Feb 1999015,1609.981.82$27,558
Jan 1999015,25910.381.90$28,991
Dec 1998016,8609.201.77$29,898
Nov 1998017,32710.892.19$37,872
Oct 1998118,12612.421.97$35,706
Sep 1998018,33212.592.08$38,179
Aug 1998012,86711.301.91$24,542
Jul 1998111,58911.742.24$25,939
Jun 199809,14511.242.24$20,460
May 1998011,73112.622.21$25,883
Apr 1998016,38813.042.51$41,057
Mar 1998016,74012.802.31$38,660
Feb 1998015,69413.952.30$36,083
Jan 1998019,05514.702.15$41,060
Dec 1997018,88916.322.41$45,543
Nov 1997019,07718.193.09$58,915
Oct 1997018,15719.253.15$57,191
Sep 1997018,77317.742.95$55,472
Aug 1997017,59617.862.55$44,953
Jul 1997019,60017.582.25$44,040
Jun 1997019,22617.242.26$43,397
May 1997421,99218.972.31$50,844
Apr 1997221,97417.882.08$45,803
Mar 1997322,74218.951.94$44,157
Feb 1997720,79620.492.21$46,017
Jan 1997124,54023.483.54$86,888
Dec 1996225,92923.32$47
Nov 1996325,97921.97$66
Oct 1996228,38523.31$47
Sep 1996118,84722.22$22
Aug 1996016,81020.26$0
Jul 1996015,63919.55$0
Jun 1996023,27518.73$0
May 1996024,41319.43$0
Apr 1996022,94421.51$0
Mar 1996025,40419.38$0
Feb 1996026,06516.98$0
Jan 1996029,51817.07$0
Dec 1995029,97317.19$0
Nov 1995029,42416.00$0
Oct 1995031,45915.43$0
Sep 1995031,66616.18$0
Aug 1995133,33215.92$16
Jul 1995034,46315.24$0
Jun 1995134,17816.41$16
May 1995036,58917.56$0
Apr 1995136,42017.73$18
Mar 1995238,78216.44$33
Feb 1995035,22016.58$0
Jan 1995140,94715.92$16
Dec 1994044,24015.03$0
Nov 1994039,64515.90$0
Oct 1994041,23315.58$0
Sep 1994038,75315.29$0
Aug 1994039,44316.13$0
Jul 1994143,71617.56$18
Jun 1994043,75817.09$0
May 1994245,52815.88$32
Apr 1994045,40714.14$0
Mar 1994048,71312.46$0
Feb 1994147,21212.50$13
Jan 1994355,17212.66$38
Dec 1993456,07412.33$49
Nov 1993058,91714.49$0
Oct 1993028,99115.85$0
Sep 1993137,87315.03$15
Aug 1993055,26715.66$0
Jul 1993056,22415.46$0
Jun 1993048,81316.79$0
May 1993055,47217.68$0
Apr 19932771,55718.05$487
Mar 199312,00418.14$18
Feb 1993041,11017.90$0
Jan 1993057,97216.93$0

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                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/137988 is the state's own key, not one this site invented.