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 138616District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 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 Gas111991-10-18124032
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
CondensateDisposition8,877 bbl$242,915
GasProduction894,852 Mcf$2,650,992
Total$2,893,907

383,707 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 27.6690, -99.0693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66897, -99.06932 · 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
10,210 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 10,210 ft.

Completions filed
May 1991
1 of 1 wells

1 well

42-479351865010,210 ftMay 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 2026089106.413.05$271
Apr 202617798.932.87$320
Mar 2026014189.753.15$444
Feb 202606163.503.75$229
Jan 202609659.138.00$768
Dec 2025110356.664.41$511
Nov 2025111558.593.93$510
Oct 2025014059.383.30$463
Sep 2025110662.743.08$389
Aug 2025011863.933.01$356
Jul 2025112866.743.32$491
Jun 2025010666.483.13$332
May 2025116460.553.23$591
Apr 2025114862.363.54$587
Mar 2025023167.704.27$986
Feb 2025113170.884.34$640
Jan 2025016474.324.28$702
Dec 2024117668.993.12$618
Nov 2024114769.052.20$392
Oct 2024015471.372.28$351
Sep 2024018669.612.36$440
Aug 2024114375.632.06$371
Jul 2024117279.932.15$449
Jun 2024317978.082.63$706
May 2024412878.812.20$597
Apr 2024414584.451.66$578
Mar 2024615880.301.55$726
Feb 2024214676.091.78$413
Jan 202444973.023.30$454
Dec 2023040071.262.61$1,044
Nov 202304377.892.81$121
Oct 2023014085.443.09$432
Sep 202306589.042.74$178
Aug 202309280.522.67$246
Jul 2023015174.852.64$399
Jun 2023028168.962.26$635
May 2023030970.622.23$688
Apr 2023021978.122.24$490
Mar 2023021372.852.39$510
Feb 2023025575.112.47$629
Jan 2023028476.533.39$962
Dec 2022044876.415.73$2,567
Nov 2022035685.005.65$2,010
Oct 2022024187.185.86$1,413
Sep 2022042184.888.16$3,437
Aug 2022051194.529.13$4,664
Jul 20220455101.587.54$3,432
Jun 20220372115.097.98$2,968
May 20220401109.378.43$3,382
Apr 20220206104.226.84$1,409
Mar 20220180108.885.08$914
Feb 2022036391.054.86$1,764
Jan 2022030981.844.54$1,402
Dec 2021016671.323.90$647
Nov 2021042677.435.24$2,231
Oct 2021017979.795.71$1,023
Sep 202109469.865.35$503
Aug 2021017366.024.22$730
Jul 2021020970.783.98$832
Jun 2021032069.493.38$1,082
May 2021016663.483.02$501
Apr 2021020260.362.76$557
Mar 2021019461.302.72$527
Feb 2021095557.805.55$5,298
Jan 2021035950.412.81$1,009
Dec 2020055344.642.68$1,480
Nov 2020069138.772.71$1,870
Oct 2020037936.972.48$939
Sep 2020019937.091.99$396
Aug 2020021239.982.39$506
Jul 2020017338.371.83$316
Jun 2020030634.901.69$517
May 2020016816.921.81$305
Apr 2020011814.751.80$213
Mar 2020011430.341.86$212
Feb 2020014049.881.98$277
Jan 2020015257.252.09$318
Dec 2019013659.012.30$313
Nov 2019013955.302.75$382
Oct 2019014453.472.42$348
Sep 2019013755.052.66$364
Aug 2019013653.112.30$313
Jul 2019013756.272.46$337
Jun 201907752.782.49$192
May 201905058.482.74$137
Apr 2019015462.632.75$424
Mar 2019027256.803.06$833
Feb 2019027250.852.79$759
Jan 2019014846.033.23$478
Dec 2018013446.594.19$561
Nov 2018024152.934.24$1,021
Oct 2018019361.443.40$656
Sep 201805959.543.11$183
Aug 2018011559.403.07$353
Jul 2018012565.142.93$366
Jun 2018016760.183.08$514
May 2018022565.382.90$653
Apr 2018015763.842.90$455
Mar 2018016161.222.79$449
Feb 2018014261.782.77$393
Jan 2018022462.874.01$898
Dec 2017016057.272.92$467
Nov 2017016755.423.12$521
Oct 2017022249.292.98$662
Sep 2017018747.523.09$577
Aug 2017020745.373.00$622
Jul 2017019143.873.09$590
Jun 2017019742.493.09$608
May 2017021945.373.26$715
Apr 2017026147.933.21$838
Mar 2017030746.772.98$916
Feb 2017030450.452.95$898
Jan 2017052549.413.42$1,795
Dec 2016038448.763.72$1,430
Nov 2016034942.492.64$923
Oct 2016042546.193.09$1,313
Sep 2016011641.553.10$360
Aug 2016021141.442.92$617
Jul 2016024941.622.92$728
Jun 2016024945.352.69$669
May 2016025842.521.99$514
Apr 2016038936.561.99$775
Mar 2016025833.011.79$463
Feb 2016020926.472.06$431
Jan 2016022427.352.36$530
Dec 2015023432.362.00$468
Nov 2015023638.792.17$511
Oct 2015025443.552.43$616
Sep 2015022542.992.76$621
Aug 2015025440.162.87$730
Jul 2015015048.152.95$442
Jun 201509756.152.88$280
May 2015024155.212.96$712
Apr 2015024449.822.71$660
Mar 2015026742.892.93$784
Feb 2015023944.662.98$711
Jan 2015028043.433.10$868
Dec 2014030954.693.59$1,110
Nov 2014022570.464.25$957
Oct 2014022678.303.90$882
Sep 201409486.164.05$380
Aug 2014019989.394.04$803
Jul 2014021396.564.18$890
Jun 2014021798.164.74$1,028
May 2014023994.734.73$1,130
Apr 2014021495.944.81$1,029
Mar 2014021495.895.06$1,082
Feb 2014025997.406.19$1,604
Jan 2014024490.404.86$1,186
Dec 2013023691.824.35$1,028
Nov 2013020988.853.74$781
Oct 2013018497.423.78$695
Sep 20130187104.113.72$695
Aug 20130192104.253.52$676
Jul 20130172102.523.72$639
Jun 2013013994.403.93$547
May 2013023694.834.15$979
Apr 2013021493.964.28$916
Mar 2013017693.623.91$689
Feb 2013018791.233.42$640
Jan 2013031591.603.42$1,077
Dec 201201,83486.773.42$6,273
Nov 201201,43386.953.62$5,195
Oct 2012025189.383.40$853
Sep 2012027194.672.92$791
Aug 2012025092.662.91$727
Jul 2012029985.133.02$903
Jun 2012032379.822.52$814
May 2012027291.612.49$677
Apr 20120311101.652.00$621
Mar 20120281105.052.22$624
Feb 20120160101.102.57$411
Jan 2012019498.092.73$530
Dec 2011015796.873.24$509
Nov 2011021295.723.31$702
Oct 2011021884.983.65$795
Sep 2011029383.623.99$1,168
Aug 2011033983.404.15$1,407
Jul 2011026394.144.52$1,188
Jun 2011035892.904.64$1,661
May 2011027198.134.40$1,194
Apr 20110276105.964.33$1,196
Mar 2011030796.364.06$1,246
Feb 2011040785.644.18$1,701
Jan 2011040086.504.59$1,836
Dec 2010025985.734.35$1,126
Nov 2010035580.843.80$1,347
Oct 2010142978.103.51$1,583
Sep 2010736272.633.98$1,949
Aug 2010220273.684.42$1,040
Jul 201029972.554.74$614
Jun 2010533270.364.91$1,982
May 2010951671.124.24$2,825
Apr 20101483781.694.12$4,594
Mar 2010502,73178.394.39$15,905
Feb 201002,93273.585.44$15,957
Jan 201003,22874.365.96$19,252
Dec 200902,07271.445.48$11,362
Nov 200901,95174.593.75$7,319
Oct 200901,79472.544.11$7,374
Sep 200901,73165.543.06$5,305
Aug 200902,24067.423.22$7,209
Jul 200902,64761.133.46$9,171
Jun 200903,98066.163.90$15,502
May 200903,83054.743.93$15,036
Apr 200902,52346.773.59$9,051
Mar 200901,50642.144.06$6,113
Feb 200901,15732.814.63$5,360
Jan 200901,15535.865.37$6,204
Dec 200801,06937.105.98$6,390
Nov 200801,76155.496.86$12,081
Oct 200802,62375.246.92$18,156
Sep 200803,154101.767.88$24,844
Aug 200802,109114.228.48$17,891
Jul 200802,576131.0811.39$29,339
Jun 200802,794131.3313.03$36,413
May 200802,933123.1711.57$33,947
Apr 20080986110.3110.45$10,308
Mar 200801,450101.909.66$14,013
Feb 200801,15892.538.77$10,156
Jan 200801,09090.388.21$8,944
Dec 200701,09788.337.30$8,010
Nov 200701,19791.677.29$8,728
Oct 200711,22182.856.92$8,535
Sep 200771,82675.846.24$11,933
Aug 200751,40469.066.39$9,314
Jul 2007992770.906.39$6,560
Jun 2007101,48862.007.55$11,852
May 200791,14158.747.85$9,481
Apr 200701,38859.617.81$10,834
Mar 200702,49556.927.30$18,218
Feb 200703,90755.108.22$32,100
Jan 200703,16650.306.73$21,297
Dec 200604,12856.656.92$28,559
Nov 200601,79154.207.62$13,643
Oct 200651,19954.906.01$7,485
Sep 2006111,76960.085.04$9,572
Aug 200681,49868.717.34$11,545
Jul 200691,43969.376.34$9,752
Jun 2006101,29566.286.38$8,930
May 200661,62066.016.42$10,805
Apr 2006153,84364.397.36$29,252
Mar 2006734,17456.707.08$33,703
Feb 2006518557.597.75$1,722
Jan 2006241,21160.598.93$12,272
Dec 2005312,29754.9413.42$32,518
Nov 2005181,81854.6910.59$20,234
Oct 2005151,46258.3413.80$21,045
Sep 2005121,94461.4512.08$24,219
Aug 2005232,67261.519.80$27,592
Jul 2005384,53455.697.84$37,679
Jun 2005484,60452.337.38$36,494
May 2005312,96845.226.65$21,142
Apr 2005374,00549.207.36$31,299
Mar 2005415,23150.377.15$39,492
Feb 200522,47245.226.31$15,694
Jan 200534,48043.166.32$28,453
Dec 200434,51039.866.75$30,567
Nov 200434,21545.286.33$26,819
Oct 200444,79449.706.52$31,432
Sep 200464,60743.245.28$24,602
Aug 2004354,68842.375.55$27,504
Jul 2004454,81538.286.08$31,018
Jun 2004364,44036.106.43$29,862
May 2004273,39337.486.49$23,048
Apr 2004384,19434.475.86$25,880
Mar 2004423,23534.365.53$19,333
Feb 200414,47232.455.51$24,671
Jan 200425,26432.036.30$33,225
Dec 200315,22930.266.30$32,982
Nov 200315,31428.804.60$24,447
Oct 200346,02528.174.76$28,790
Sep 2003185,21426.314.75$25,237
Aug 2003144,49029.765.13$23,449
Jul 2003215,41329.415.17$28,607
Jun 2003175,44828.565.98$33,081
May 2003275,67926.595.97$34,637
Apr 2003245,67026.675.41$31,299
Mar 2003266,06531.146.10$37,782
Feb 2003454,20133.487.93$34,803
Jan 2003485,62330.315.58$32,843
Dec 2002555,90826.914.85$30,156
Nov 2002535,89024.664.14$25,674
Oct 2002466,64226.464.23$29,307
Sep 2002575,44427.443.64$21,354
Aug 2002556,08025.963.16$20,666
Jul 2002816,29824.583.06$21,274
Jun 2002696,66523.733.34$23,887
May 2002857,50724.663.58$29,001
Apr 2002193,12923.653.51$11,439
Mar 2002334,38022.003.10$14,316
Feb 2002293,11018.222.38$7,917
Jan 2002555,95417.172.38$15,089
Dec 2001728,73716.932.36$21,877
Nov 2001375,01418.072.41$12,730
Oct 2001427,51919.782.53$19,845
Sep 2001347,73824.262.25$18,246
Aug 2001275,83924.873.05$18,499
Jul 2001287,10623.933.20$23,388
Jun 2001368,29724.563.82$32,613
May 2001448,75725.524.31$38,842
Apr 2001648,78424.685.34$48,445
Mar 20011562,45924.545.38$17,049
Feb 20011782,71027.755.77$20,568
Jan 20011842,79227.478.40$28,504
Dec 20002403,77126.889.12$40,852
Nov 20002294,53232.215.66$33,018
Oct 20002184,18031.235.15$28,316
Sep 20003254,74831.875.19$34,983
Aug 20004936,12329.644.54$42,416
Jul 20005886,34028.534.09$42,705
Jun 20006506,38029.304.40$47,099
May 20006096,51227.263.68$40,564
Apr 20004966,56324.513.12$32,607
Mar 200001,19028.422.86$3,403
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199811012.592.08$138
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199701,71517.742.95$5,068
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997120017.882.08$2,146
Mar 19970018.951.94$0
Feb 199702,57420.492.21$5,678
Jan 199745,81523.483.54$20,677
Dec 199636,03823.32$70
Nov 199626,42921.97$44
Oct 199637,97123.31$70
Sep 19961546,73722.22$3,422
Aug 199626,25220.26$41
Jul 199615,49819.55$20
Jun 199625,73018.73$37
May 199615,53719.43$19
Apr 19961395,48121.51$2,990
Mar 199655,54219.38$97
Feb 199634,97816.98$51
Jan 199634,86217.07$51
Dec 199515,78117.19$17
Nov 1995566,01316.00$896
Oct 199535,01615.43$46
Sep 1995605,96016.18$971
Aug 199546,73515.92$64
Jul 1995975,96815.24$1,478
Jun 199516,59316.41$16
May 199548,15817.56$70
Apr 1995677,64217.73$1,188
Mar 199517,33016.44$16
Feb 1995908,00916.58$1,492
Jan 199505,15915.92$0
Dec 1994509,02315.03$752
Nov 1994829,36015.90$1,304
Oct 1994539,86315.58$826
Sep 1994588,61715.29$887
Aug 19941087,06816.13$1,742
Jul 199439,07717.56$53
Jun 199446,23317.09$68
May 19941122,85315.88$1,779
Apr 199423,12114.14$28
Mar 199414,22912.46$12
Feb 199402,96612.50$0
Jan 19941194,04912.66$1,507
Dec 1993010,47312.33$0
Nov 19931296,06714.49$1,869
Oct 199309,04915.85$0
Sep 199308,73515.03$0
Aug 19931318,32615.66$2,051
Jul 1993012,42715.46$0
Jun 199317214,96316.79$2,888
May 1993016,09517.68$0
Apr 199316617,83118.05$2,996
Mar 199316818,95418.14$3,048
Feb 199317613,76017.90$3,150
Jan 1993021,14916.93$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                   89 Mcf  × $  3.05 =       $271

────────────────────────────────────────────────────
Month total                                     $271

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/138616 is the state's own key, not one this site invented.