DAY

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 140860District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$30 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 Gas111992-04-15125225
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
CondensateDisposition11,381 bbl$240,551
GasProduction2,207,717 Mcf$2,831,044
Total$3,071,594

1,540,649 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 27.6759, -99.1188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67593, -99.11885 · 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
9,100 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 9,100 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-4793536339,100 ftAug 2006

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 20260601106.413.05$1,831
Apr 2026061198.932.87$1,753
Mar 2026064989.753.15$2,044
Feb 2026060763.503.75$2,276
Jan 2026065159.138.00$5,207
Dec 2025057856.664.41$2,551
Nov 2025078758.593.93$3,090
Oct 2025082659.383.30$2,730
Sep 2025083162.743.08$2,557
Aug 2025084563.933.01$2,547
Jul 2025087866.743.32$2,911
Jun 2025027066.483.13$845
May 2025011960.553.23$385
Apr 2025022462.363.54$794
Mar 2025019967.704.27$849
Feb 2025023870.884.34$1,033
Jan 2025027774.324.28$1,185
Dec 2024037468.993.12$1,167
Nov 2024042269.052.20$928
Oct 2024034771.372.28$792
Sep 2024049069.612.36$1,159
Aug 2024045975.632.06$947
Jul 2024046179.932.15$990
Jun 2024043278.082.63$1,138
May 2024040678.812.20$893
Apr 2024047784.451.66$791
Mar 2024054180.301.55$836
Feb 2024067076.091.78$1,195
Jan 2024059073.023.30$1,946
Dec 202301,08571.262.61$2,833
Nov 2023095777.892.81$2,687
Oct 2023070385.443.09$2,170
Sep 2023070989.042.74$1,939
Aug 2023082980.522.67$2,216
Jul 2023068874.852.64$1,818
Jun 2023057868.962.26$1,305
May 2023062470.622.23$1,390
Apr 2023066278.122.24$1,481
Mar 2023068772.852.39$1,644
Feb 2023052375.112.47$1,290
Jan 2023071376.533.39$2,415
Dec 2022084076.415.73$4,812
Nov 2022048385.005.65$2,727
Oct 2022049887.185.86$2,920
Sep 2022051784.888.16$4,221
Aug 2022060194.529.13$5,485
Jul 20220676101.587.54$5,098
Jun 20220694115.097.98$5,536
May 20220704109.378.43$5,937
Apr 20220691104.226.84$4,725
Mar 20220648108.885.08$3,290
Feb 2022060691.054.86$2,944
Jan 2022077781.844.54$3,526
Dec 2021081171.323.90$3,162
Nov 2021068977.435.24$3,608
Oct 2021065879.795.71$3,760
Sep 2021076369.865.35$4,083
Aug 2021060166.024.22$2,537
Jul 2021056970.783.98$2,266
Jun 2021054169.493.38$1,829
May 2021058363.483.02$1,759
Apr 2021030760.362.76$847
Mar 2021039761.302.72$1,079
Feb 2021050357.805.55$2,791
Jan 2021053950.412.81$1,515
Dec 2020042244.642.68$1,129
Nov 2020054338.772.71$1,470
Oct 2020065536.972.48$1,623
Sep 2020057437.091.99$1,143
Aug 2020054239.982.39$1,293
Jul 2020055438.371.83$1,011
Jun 2020056134.901.69$948
May 2020077716.921.81$1,410
Apr 2020073714.751.80$1,330
Mar 2020068230.341.86$1,266
Feb 2020055449.881.98$1,097
Jan 2020084157.252.09$1,762
Dec 2019079659.012.30$1,834
Nov 2019088255.302.75$2,426
Oct 201901,03353.472.42$2,498
Sep 2019097255.052.66$2,583
Aug 2019071253.112.30$1,641
Jul 2019059756.272.46$1,469
Jun 2019073552.782.49$1,831
May 20195128658.482.74$3,766
Apr 2019063662.632.75$1,749
Mar 201901,00356.803.06$3,071
Feb 201901,11250.852.79$3,105
Jan 201901,33646.033.23$4,313
Dec 201801,14746.594.19$4,801
Nov 201801,84252.934.24$7,805
Oct 201801,80361.443.40$6,127
Sep 2018092059.543.11$2,859
Aug 2018088059.403.07$2,699
Jul 2018055465.142.93$1,624
Jun 2018081760.183.08$2,514
May 201801,36265.382.90$3,951
Apr 2018086063.842.90$2,495
Mar 2018077061.222.79$2,146
Feb 2018081161.782.77$2,243
Jan 201801,12562.874.01$4,510
Dec 201701,25057.272.92$3,652
Nov 2017571,25555.423.12$7,072
Oct 201701,48949.292.98$4,443
Sep 201701,47047.523.09$4,538
Aug 201701,76945.373.00$5,315
Jul 201701,52643.873.09$4,711
Jun 201701,60742.493.09$4,961
May 201701,44445.373.26$4,712
Apr 2017057047.933.21$1,831
Mar 2017030046.772.98$895
Feb 2017041350.452.95$1,219
Jan 2017053949.413.42$1,843
Dec 2016081148.763.72$3,019
Nov 201601,15742.492.64$3,060
Oct 201601,30346.193.09$4,027
Sep 201601,21841.553.10$3,777
Aug 2016097941.442.92$2,863
Jul 2016085641.622.92$2,503
Jun 2016092345.352.69$2,479
May 2016098442.521.99$1,959
Apr 2016931,01036.561.99$5,411
Mar 201601,09633.011.79$1,966
Feb 201601,07226.472.06$2,212
Jan 2016841,18027.352.36$5,087
Dec 2015087932.362.00$1,759
Nov 2015085238.792.17$1,847
Oct 2015090543.552.43$2,196
Sep 2015082942.992.76$2,287
Aug 2015082340.162.87$2,364
Jul 2015094048.152.95$2,768
Jun 2015094656.152.88$2,727
May 2015096855.212.96$2,861
Apr 2015095449.822.71$2,582
Mar 201501,01042.892.93$2,964
Feb 201501,03844.662.98$3,089
Jan 201501,11843.433.10$3,467
Dec 201401,15354.693.59$4,141
Nov 201401,10170.464.25$4,681
Oct 201401,00278.303.90$3,909
Sep 2014043186.164.05$1,744
Aug 20149096689.394.04$11,943
Jul 2014097696.564.18$4,079
Jun 201401,00998.164.74$4,780
May 201401,01994.734.73$4,816
Apr 201401,07795.944.81$5,179
Mar 201401,47195.895.06$7,439
Feb 2014076997.406.19$4,762
Jan 2014035790.404.86$1,735
Dec 2013046491.824.35$2,020
Nov 2013018388.853.74$684
Oct 201301,43597.423.78$5,423
Sep 201301,387104.113.72$5,157
Aug 201301,697104.253.52$5,978
Jul 201301,605102.523.72$5,967
Jun 2013038594.403.93$1,514
May 20130094.834.15$0
Apr 201301,36393.964.28$5,837
Mar 201301,53893.623.91$6,018
Feb 2013068491.233.42$2,339
Jan 2013039191.603.42$1,337
Dec 20127867786.773.42$9,084
Nov 201201,18086.953.62$4,277
Oct 201201,13389.383.40$3,852
Sep 2012074894.672.92$2,183
Aug 2012069092.662.91$2,007
Jul 2012051785.133.02$1,562
Jun 2012067279.822.52$1,693
May 201201,41591.612.49$3,521
Apr 201201,653101.652.00$3,301
Mar 201201,935105.052.22$4,300
Feb 20120855101.102.57$2,198
Jan 2012083498.092.73$2,280
Dec 2011010196.873.24$327
Nov 201101,21995.723.31$4,036
Oct 201101,90984.983.65$6,965
Sep 201102,01283.623.99$8,019
Aug 201102,25983.404.15$9,373
Jul 201102,09994.144.52$9,482
Jun 201101,18692.904.64$5,503
May 201101,18998.134.40$5,237
Apr 2011114862105.964.33$15,815
Mar 201101,24896.364.06$5,064
Feb 201101,00485.644.18$4,197
Jan 201101,07186.504.59$4,915
Dec 201001,07285.734.35$4,661
Nov 201001,13380.843.80$4,300
Oct 201001,29378.103.51$4,537
Sep 201001,54172.633.98$6,132
Aug 2010090473.684.42$3,995
Jul 201001,92372.554.74$9,108
Jun 201002,02570.364.91$9,944
May 201001,09171.124.24$4,621
Apr 201001,28081.694.12$5,277
Mar 201001,64678.394.39$7,224
Feb 201001,09573.585.44$5,959
Jan 201001,19674.365.96$7,133
Dec 2009094871.445.48$5,199
Nov 2009078674.593.75$2,949
Oct 200901,39372.544.11$5,726
Sep 200901,56965.543.06$4,809
Aug 200901,89467.423.22$6,096
Jul 200901,89561.133.46$6,565
Jun 200901,98366.163.90$7,724
May 200902,03454.743.93$7,985
Apr 200901,29946.773.59$4,660
Mar 200901,89242.144.06$7,680
Feb 200901,57332.814.63$7,288
Jan 200901,84035.865.37$9,883
Dec 200801,77537.105.98$10,609
Nov 200802,31355.496.86$15,868
Oct 2008762,40675.246.92$22,373
Sep 200802,396101.767.88$18,874
Aug 200801,784114.228.48$15,134
Jul 200802,341131.0811.39$26,663
Jun 200802,188131.3313.03$28,515
May 200802,483123.1711.57$28,739
Apr 200802,568110.3110.45$26,848
Mar 200802,731101.909.66$26,393
Feb 200802,43992.538.77$21,391
Jan 200802,56390.388.21$21,031
Dec 200702,52188.337.30$18,408
Nov 20071262,53191.677.29$30,006
Oct 200703,02982.856.92$20,967
Sep 200702,92075.846.24$18,233
Aug 200703,31769.066.39$21,189
Jul 200703,37570.906.39$21,559
Jun 200703,48662.007.55$26,314
May 200703,82158.747.85$29,981
Apr 200703,81659.617.81$29,785
Mar 2007783,96856.927.30$33,414
Feb 200703,83555.108.22$31,508
Jan 200704,59750.306.73$30,923
Dec 200604,78456.656.92$33,098
Nov 200605,09354.207.62$38,796
Oct 200605,64454.906.01$33,942
Sep 2006935,56060.085.04$33,594
Aug 200602,22968.717.34$16,361
Jul 200601,29669.376.34$8,220
Jun 200601,55066.286.38$9,895
May 200604,03366.016.42$25,912
Apr 200603,51864.397.36$25,894
Mar 2006057856.707.08$4,094
Feb 200602,96357.597.75$22,967
Jan 200603,16160.598.93$28,238
Dec 200504,82054.9413.42$64,662
Nov 200509,01954.6910.59$95,497
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200506255.697.84$486
Jun 200501,46252.337.38$10,791
May 20050145.226.65$7
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200521045.226.31$950
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004791145.286.33$6,084
Oct 200406,32249.706.52$41,188
Sep 200401,35843.245.28$7,176
Aug 200401,09042.375.55$6,050
Jul 200403438.286.08$207
Jun 2004075336.106.43$4,844
May 2004053537.486.49$3,475
Apr 200401,98734.475.86$11,641
Mar 20046783634.365.53$6,925
Feb 200402,26432.455.51$12,474
Jan 2004084032.036.30$5,292
Dec 2003056730.266.30$3,573
Nov 2003061528.804.60$2,826
Oct 200302,15828.174.76$10,271
Sep 200302,63526.314.75$12,515
Aug 200311,61129.765.13$8,294
Jul 200301,88329.415.17$9,737
Jun 200302,54928.565.98$15,251
May 2003752,85226.595.97$19,028
Apr 200301,84826.675.41$9,993
Mar 200303,42631.146.10$20,885
Feb 200302,84633.487.93$22,557
Jan 200304,10930.315.58$22,937
Dec 200205,22426.914.85$25,356
Nov 20020024.664.14$0
Oct 200205,45526.464.23$23,070
Sep 2002032527.443.64$1,181
Aug 2002654525.963.16$1,880
Jul 2002366124.583.06$2,098
Jun 2002431323.733.34$1,140
May 2002363224.663.58$2,339
Apr 200231,50423.653.51$5,353
Mar 200202,10222.003.10$6,522
Feb 2002247018.222.38$1,153
Jan 200231,07617.172.38$2,608
Dec 200101,34416.932.36$3,178
Nov 2001094418.072.41$2,271
Oct 200103,27819.782.53$8,290
Sep 200103,10824.262.25$6,997
Aug 200103,37524.873.05$10,304
Jul 200102,82823.933.20$9,041
Jun 200102,55324.563.82$9,763
May 2001674,42625.524.31$20,774
Apr 200102,79924.685.34$14,934
Mar 200103,13524.545.38$16,855
Feb 200104,71227.755.77$27,174
Jan 200103,80727.478.40$31,974
Dec 200001,04126.889.12$9,497
Nov 20006698232.215.66$7,682
Oct 200002,89131.235.15$14,876
Sep 200003,38031.875.19$17,530
Aug 200003,79129.644.54$17,214
Jul 200024,22328.534.09$17,328
Jun 200003,03729.304.40$13,354
May 200003,71927.263.68$13,685
Apr 200023,99624.513.12$12,501
Mar 200013,91328.422.86$11,219
Feb 200002,99227.622.73$8,158
Jan 200004,05725.272.48$10,063
Dec 199934,36324.282.42$10,648
Nov 199924,42123.192.43$10,807
Oct 199904,37720.982.80$12,272
Sep 199903,52121.752.62$9,221
Aug 199904,59419.262.88$13,211
Jul 199904,90617.892.37$11,639
Jun 199905,60715.942.36$13,244
May 199904,69715.792.32$10,902
Apr 199905,04415.102.21$11,137
Mar 1999744,71112.471.84$9,583
Feb 199904,6079.981.82$8,375
Jan 199905,66610.381.90$10,765
Dec 199805,9899.201.77$10,620
Nov 199807,11910.892.19$15,560
Oct 199803,71612.421.97$7,318
Sep 199803,40212.592.08$7,085
Aug 199806,04911.301.91$11,538
Jul 199805,77511.742.24$12,920
Jun 199806,03011.242.24$13,491
May 1998917,12112.622.21$16,860
Apr 199806,07313.042.51$15,215
Mar 199806,51312.802.31$15,041
Feb 199805,89013.952.30$13,542
Jan 199806,08014.702.15$13,101
Dec 1997606,12916.322.41$15,757
Nov 199706,13718.193.09$18,953
Oct 199706,68319.253.15$21,050
Sep 199705,96117.742.95$17,614
Aug 1997496,29317.862.55$16,952
Jul 199707,60917.582.25$17,097
Jun 199707,30417.242.26$16,487
May 1997837,91918.972.31$19,856
Apr 199716,47217.882.08$13,498
Mar 199739,90718.951.94$19,268
Feb 1997696,89820.492.21$16,630
Jan 199769,37623.483.54$33,329
Dec 1996310,31623.32$70
Nov 1996569,26221.97$1,230
Oct 199649,50123.31$93
Sep 199649,66322.22$89
Aug 199614510,32420.26$2,938
Jul 199619,89419.55$20
Jun 1996211,05218.73$37
May 1996110,46219.43$19
Apr 199614111,85621.51$3,033
Mar 1996112,36319.38$19
Feb 199614212,32716.98$2,411
Jan 1996714,10217.07$119
Dec 199515712,27917.19$2,699
Nov 1995113,43316.00$16
Oct 1995914,54215.43$139
Sep 199512115,53216.18$1,958
Aug 1995617,08615.92$96
Jul 19955718,06415.24$869
Jun 19957419,70716.41$1,214
May 19958719,16317.56$1,528
Apr 199521625,27117.73$3,830
Mar 1995324,62416.44$49
Feb 199514023,81816.58$2,321
Jan 199518327,87115.92$2,913
Dec 1994428,14815.03$60
Nov 199418030,47715.90$2,862
Oct 199418531,75715.58$2,882
Sep 199418327,88215.29$2,798
Aug 199417731,22516.13$2,855
Jul 199417935,31517.56$3,143
Jun 199417639,99017.09$3,008
May 199417837,25215.88$2,827
Apr 199417436,92814.14$2,460
Mar 199435338,94612.46$4,398
Feb 199418638,61312.50$2,325
Jan 199437246,80412.66$4,710
Dec 199336551,03612.33$4,500
Nov 199336955,62814.49$5,347
Oct 199336065,31815.85$5,706
Sep 199336458,17815.03$5,471
Aug 199336751,01915.66$5,747
Jul 199334655,31415.46$5,349
Jun 199354360,94116.79$9,117
May 199354059,57317.68$9,547
Apr 199336958,66918.05$6,660
Mar 199365675,64418.14$11,900
Feb 199373673,45417.90$13,174
Jan 199374490,02616.93$12,596

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                  601 Mcf  × $  3.05 =     $1,831

────────────────────────────────────────────────────
Month total                                   $1,831

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/140860 is the state's own key, not one this site invented.