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 138501District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jan 1993 – Apr 2019
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
316
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 Gas111991-10-29123608
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
CondensateDisposition433 bbl$7,628
GasProduction3,102,026 Mcf$5,491,235
Total$5,498,863

1,693,170 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 27.2211, -99.3573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22110, -99.35735 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,300 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
1100.0%
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.
00.0%

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 10,300 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-5053275913810,300 ftMar 2019Yes

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 (316)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

316 months

Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201901,20850.852.79$3,373
Jan 2019080446.033.23$2,595
Dec 201801,15446.594.19$4,830
Nov 201802,11152.934.24$8,945
Oct 201801,12361.443.40$3,816
Sep 2018088559.543.11$2,751
Aug 2018086059.403.07$2,637
Jul 201801,22365.142.93$3,586
Jun 201801,37460.183.08$4,228
May 201801,14265.382.90$3,313
Apr 2018087263.842.90$2,530
Mar 2018099761.222.79$2,778
Feb 2018066261.782.77$1,831
Jan 201801,15162.874.01$4,615
Dec 201701,20257.272.92$3,512
Nov 201701,20355.423.12$3,751
Oct 201701,19249.292.98$3,557
Sep 201701,43147.523.09$4,418
Aug 201701,08345.373.00$3,254
Jul 201701,41343.873.09$4,362
Jun 201701,51442.493.09$4,674
May 201701,30645.373.26$4,262
Apr 201701,29147.933.21$4,146
Mar 201701,13646.772.98$3,389
Feb 201701,32550.452.95$3,912
Jan 201701,46049.413.42$4,991
Dec 201601,55748.763.72$5,796
Nov 201601,40342.492.64$3,710
Oct 201601,68746.193.09$5,213
Sep 201601,47341.553.10$4,567
Aug 201601,54241.442.92$4,509
Jul 201601,58441.622.92$4,632
Jun 201601,18845.352.69$3,191
May 201601,55142.521.99$3,088
Apr 201601,46636.561.99$2,919
Mar 201601,51033.011.79$2,709
Feb 201601,71726.472.06$3,543
Jan 201601,80727.352.36$4,272
Dec 201501,59332.362.00$3,188
Nov 201501,59338.792.17$3,453
Oct 201501,25643.552.43$3,048
Sep 2015088142.992.76$2,430
Aug 2015052540.162.87$1,508
Jul 201501,50748.152.95$4,438
Jun 201501,58856.152.88$4,578
May 2015092355.212.96$2,728
Apr 2015066749.822.71$1,805
Mar 2015097142.892.93$2,850
Feb 201502,02844.662.98$6,036
Jan 201502,28043.433.10$7,069
Dec 201401,95954.693.59$7,035
Nov 201401,27270.464.25$5,408
Oct 2014012678.303.90$492
Sep 2014010486.164.05$421
Aug 2014043889.394.04$1,767
Jul 2014029596.564.18$1,233
Jun 2014015498.164.74$729
May 20140094.734.73$0
Apr 2014054895.944.81$2,635
Mar 2014067695.895.06$3,418
Feb 2014040497.406.19$2,502
Jan 2014051990.404.86$2,523
Dec 2013062891.824.35$2,735
Nov 2013050888.853.74$1,899
Oct 2013062097.423.78$2,343
Sep 20130623104.113.72$2,316
Aug 20130647104.253.52$2,279
Jul 20130511102.523.72$1,900
Jun 2013026794.403.93$1,050
May 2013046794.834.15$1,938
Apr 2013075193.964.28$3,216
Mar 201302,71593.623.91$10,623
Feb 201302,67291.233.42$9,138
Jan 201302,97991.603.42$10,188
Dec 201203,00086.773.42$10,260
Nov 201201,66586.953.62$6,036
Oct 201201,51989.383.40$5,164
Sep 2012062694.672.92$1,827
Aug 2012063392.662.91$1,841
Jul 201202,54285.133.02$7,679
Jun 201201,17679.822.52$2,962
May 201203,56091.612.49$8,858
Apr 201203,411101.652.00$6,811
Mar 201203,459105.052.22$7,686
Feb 201203,125101.102.57$8,032
Jan 201203,38098.092.73$9,241
Dec 201103,42496.873.24$11,093
Nov 201103,17695.723.31$10,517
Oct 201103,56284.983.65$12,996
Sep 201103,61683.623.99$14,413
Aug 201103,96383.404.15$16,444
Jul 201102,69194.144.52$12,156
Jun 2011056492.904.64$2,617
May 201101,21398.134.40$5,343
Apr 201101,229105.964.33$5,326
Mar 2011021696.364.06$876
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100271.124.24$8
Apr 201009381.694.12$383
Mar 2010060678.394.39$2,660
Feb 201007573.585.44$408
Jan 2010054174.365.96$3,227
Dec 2009090371.445.48$4,952
Nov 2009095674.593.75$3,586
Oct 200901,01872.544.11$4,184
Sep 2009097665.543.06$2,991
Aug 200901,04567.423.22$3,363
Jul 200901,05061.133.46$3,638
Jun 2009091166.163.90$3,548
May 200901,11654.743.93$4,381
Apr 200901,00846.773.59$3,616
Mar 200901,03742.144.06$4,209
Feb 200901,58932.814.63$7,362
Jan 200902,20535.865.37$11,843
Dec 200801,96437.105.98$11,739
Nov 200801,73155.496.86$11,875
Oct 200802,10375.246.92$14,557
Sep 200802,777101.767.88$21,875
Aug 200802,151114.228.48$18,247
Jul 200801,707131.0811.39$19,442
Jun 200802,276131.3313.03$29,662
May 200802,602123.1711.57$30,116
Apr 200802,342110.3110.45$24,485
Mar 200802,488101.909.66$24,044
Feb 200802,66092.538.77$23,330
Jan 200803,13590.388.21$25,725
Dec 200703,92688.337.30$28,668
Nov 2007055291.677.29$4,025
Oct 200703,19282.856.92$22,095
Sep 200705,05375.846.24$31,552
Aug 200702,28269.066.39$14,577
Jul 200702,30070.906.39$14,692
Jun 200702,99662.007.55$22,615
May 200703,46658.747.85$27,195
Apr 200703,67959.617.81$28,715
Mar 200703,70656.927.30$27,061
Feb 200703,98455.108.22$32,733
Jan 200708,09350.306.73$54,440
Dec 200606,20256.656.92$42,908
Nov 200607,10254.207.62$54,099
Oct 200604,42954.906.01$26,635
Sep 200602,01060.085.04$10,125
Aug 200602,57068.717.34$18,864
Jul 200603,52869.376.34$22,377
Jun 200603,95966.286.38$25,274
May 200606,01566.016.42$38,646
Apr 200603,85964.397.36$28,404
Mar 200603,50256.707.08$24,804
Feb 200604,72257.597.75$36,601
Jan 200604,64160.598.93$41,460
Dec 200507,15954.9413.42$96,041
Nov 200506,73554.6910.59$71,313
Oct 200509,73258.3413.80$134,260
Sep 200501,79161.4512.08$21,633
Aug 200501,86161.519.80$18,232
Jul 200502,21355.697.84$17,358
Jun 200501,77152.337.38$13,072
May 200502,17245.226.65$14,446
Apr 200502,24649.207.36$16,532
Mar 200502,08750.377.15$14,932
Feb 200502,50445.226.31$15,805
Jan 200503,56543.166.32$22,539
Dec 200403,63339.866.75$24,527
Nov 200403,98345.286.33$25,214
Oct 200404,49649.706.52$29,292
Sep 200403,23343.245.28$17,083
Aug 200404,07542.375.55$22,619
Jul 200402,77538.286.08$16,884
Jun 2004162,36036.106.43$15,760
May 200403,93137.486.49$25,530
Apr 200406,31634.475.86$37,002
Mar 200406,45534.365.53$35,697
Feb 200407,43532.455.51$40,964
Jan 200404,41832.036.30$27,832
Dec 200304,26830.266.30$26,895
Nov 200307,09128.804.60$32,584
Oct 200308,02428.174.76$38,191
Sep 200304,36726.314.75$20,740
Aug 200302,42529.765.13$12,440
Jul 200302,94829.415.17$15,244
Jun 200303,23928.565.98$19,379
May 200306,31826.595.97$37,735
Apr 200305,23726.675.41$28,318
Mar 200307,98731.146.10$48,689
Feb 2003010,15433.487.93$80,479
Jan 200304,68430.315.58$26,146
Dec 200206,30526.914.85$30,603
Nov 200207,96024.664.14$32,930
Oct 200209,43826.464.23$39,914
Sep 2002010,49327.443.64$38,144
Aug 200207,82325.963.16$24,753
Jul 200205,94524.583.06$18,202
Jun 200205,35823.733.34$17,886
May 200206,53024.663.58$23,404
Apr 200207,65023.653.51$26,869
Mar 200209,92922.003.10$30,807
Feb 200208,01218.222.38$19,034
Jan 200276,68317.172.38$15,997
Dec 2001012,14116.932.36$28,706
Nov 2001013,51018.072.41$32,499
Oct 200106,38419.782.53$16,144
Sep 200101,97724.262.25$4,451
Aug 200106,98424.873.05$21,323
Jul 200109,35923.933.20$29,921
Jun 200109,36124.563.82$35,798
May 200109,72225.524.31$41,876
Apr 2001011,13924.685.34$59,430
Mar 200109,80124.545.38$52,694
Feb 2001010,43427.755.77$60,174
Jan 2001010,10027.478.40$84,827
Dec 2000013,07526.889.12$119,277
Nov 2000112,05432.215.66$68,234
Oct 2000011,18531.235.15$57,552
Sep 2000010,50331.875.19$54,474
Aug 2000011,94929.644.54$54,257
Jul 2000013,73528.534.09$56,173
Jun 2000011,54229.304.40$50,753
May 2000012,64327.263.68$46,523
Apr 2000011,41924.513.12$35,582
Mar 200008,97628.422.86$25,669
Feb 2000013,11927.622.73$35,769
Jan 2000013,40625.272.48$33,254
Dec 1999014,82424.282.42$35,929
Nov 1999013,27423.192.43$32,309
Oct 1999015,18220.982.80$42,566
Sep 1999015,09821.752.62$39,539
Aug 19999213,73219.262.88$41,260
Jul 1999015,96017.892.37$37,863
Jun 1999014,81715.942.36$34,999
May 1999012,58015.792.32$29,198
Apr 1999015,69915.102.21$34,664
Mar 1999015,94112.471.84$29,305
Feb 1999014,4719.981.82$26,305
Jan 1999017,38410.381.90$33,029
Dec 1998017,7399.201.77$31,457
Nov 1998017,47810.892.19$38,202
Oct 1998018,42112.421.97$36,275
Sep 1998018,11012.592.08$37,716
Aug 1998013,94111.301.91$26,590
Jul 1998017,10511.742.24$38,269
Jun 1998015,44711.242.24$34,559
May 1998016,74712.622.21$36,950
Apr 1998017,94313.042.51$44,953
Mar 1998018,65712.802.31$43,087
Feb 1998016,73813.952.30$38,483
Jan 1998018,29514.702.15$39,422
Dec 1997020,18916.322.41$48,678
Nov 1997019,65118.193.09$60,687
Oct 1997021,80819.253.15$68,691
Sep 1997019,81317.742.95$58,545
Aug 1997013,37617.862.55$34,172
Jul 1997017,60817.582.25$39,564
Jun 1997015,46317.242.26$34,903
May 19973622,01418.972.31$51,502
Apr 1997121,69917.882.08$45,212
Mar 1997222,43618.951.94$43,544
Feb 1997220,08620.492.21$44,349
Jan 1997022,91123.483.54$81,098
Dec 1996122,13423.32$23
Nov 1996020,63821.97$0
Oct 1996022,00323.31$0
Sep 1996021,75022.22$0
Aug 1996021,26020.26$0
Jul 1996022,52019.55$0
Jun 1996019,46618.73$0
May 1996020,52519.43$0
Apr 1996020,67521.51$0
Mar 1996021,53719.38$0
Feb 1996020,72716.98$0
Jan 1996022,56117.07$0
Dec 1995021,57517.19$0
Nov 19957522,10316.00$1,200
Oct 1995024,15415.43$0
Sep 1995023,91316.18$0
Aug 1995025,15815.92$0
Jul 1995026,12115.24$0
Jun 1995026,43416.41$0
May 1995028,30817.56$0
Apr 1995128,54217.73$18
Mar 1995031,44716.44$0
Feb 19957128,95116.58$1,177
Jan 1995033,48015.92$0
Dec 1994035,50715.03$0
Nov 1994135,75515.90$16
Oct 1994037,04015.58$0
Sep 1994036,30615.29$0
Aug 1994038,35616.13$0
Jul 1994039,38017.56$0
Jun 1994037,82717.09$0
May 1994138,76515.88$16
Apr 1994042,20814.14$0
Mar 1994043,58412.46$0
Feb 1994040,37312.50$0
Jan 1994046,96012.66$0
Dec 1993048,88512.33$0
Nov 1993048,12914.49$0
Oct 1993052,15815.85$0
Sep 199312553,29515.03$1,879
Aug 1993058,84315.66$0
Jul 1993049,59715.46$0
Jun 1993051,59016.79$0
May 1993155,35117.68$18
Apr 1993052,67818.05$0
Mar 1993060,21718.14$0
Feb 1993053,34617.90$0
Jan 1993061,03816.93$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.

Feb 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.85 =         $0
Gas                1,208 Mcf  × $  2.79 =     $3,373

────────────────────────────────────────────────────
Month total                                   $3,373

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/138501 is the state's own key, not one this site invented.