SALDIVAR ESTATE

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

Gas lease lease 140870District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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 Gas111992-07-03125586
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
CondensateDisposition605 bbl$17,054
GasProduction825,743 Mcf$1,952,249
Total$1,969,303

347,736 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 27.3268, -99.1996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32680, -99.19961 · 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
12,000 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 12,000 ft.

Completions filed
Feb 1992
1 of 1 wells

1 well

42-479352761512,000 ftFeb 1992

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 20260885106.413.05$2,696
Apr 2026090298.932.87$2,588
Mar 2026093289.753.15$2,935
Feb 2026083563.503.75$3,132
Jan 2026095759.138.00$7,654
Dec 2025094256.664.41$4,157
Nov 2025088358.593.93$3,467
Oct 202501,10359.383.30$3,645
Sep 202501,13462.743.08$3,489
Aug 202501,21063.933.01$3,648
Jul 202531,22666.743.32$4,265
Jun 2025058066.483.13$1,815
May 2025060760.553.23$1,962
Apr 2025070662.363.54$2,501
Mar 2025067567.704.27$2,881
Feb 2025036470.884.34$1,580
Jan 2025038474.324.28$1,643
Dec 2024053168.993.12$1,657
Nov 2024056569.052.20$1,242
Oct 2024068671.372.28$1,565
Sep 2024068669.612.36$1,622
Aug 2024079275.632.06$1,634
Jul 2024079979.932.15$1,715
Jun 2024074278.082.63$1,954
May 2024079378.812.20$1,743
Apr 2024080684.451.66$1,337
Mar 2024094780.301.55$1,463
Feb 2024067076.091.78$1,195
Jan 2024027373.023.30$900
Dec 2023036571.262.61$953
Nov 2023050177.892.81$1,407
Oct 2023066085.443.09$2,038
Sep 2023068289.042.74$1,865
Aug 2023076080.522.67$2,031
Jul 2023073374.852.64$1,936
Jun 2023080968.962.26$1,827
May 2023081470.622.23$1,813
Apr 2023098478.122.24$2,202
Mar 202341,26872.852.39$3,326
Feb 202301,22575.112.47$3,020
Jan 2023089176.533.39$3,018
Dec 2022024076.415.73$1,375
Nov 2022030385.005.65$1,711
Oct 2022033987.185.86$1,988
Sep 2022036684.888.16$2,988
Aug 2022062794.529.13$5,723
Jul 20220453101.587.54$3,417
Jun 20220623115.097.98$4,970
May 20220704109.378.43$5,937
Apr 20220857104.226.84$5,860
Mar 20220835108.885.08$4,239
Feb 2022088191.054.86$4,281
Jan 202201,11181.844.54$5,041
Dec 2021090871.323.90$3,540
Nov 2021049477.435.24$2,587
Oct 2021074079.795.71$4,228
Sep 2021271269.865.35$3,950
Aug 2021081466.024.22$3,436
Jul 2021082170.783.98$3,269
Jun 2021086669.493.38$2,928
May 2021092263.483.02$2,782
Apr 2021090460.362.76$2,494
Mar 202101,01561.302.72$2,758
Feb 2021088657.805.55$4,915
Jan 202101,03650.412.81$2,911
Dec 2020277344.642.68$2,157
Nov 2020096838.772.71$2,620
Oct 202001,02636.972.48$2,543
Sep 202001,07237.091.99$2,134
Aug 202001,14939.982.39$2,740
Jul 2020092338.371.83$1,685
Jun 2020058134.901.69$982
May 2020059816.921.81$1,085
Apr 2020072814.751.80$1,314
Mar 2020075330.341.86$1,398
Feb 2020084849.881.98$1,680
Jan 2020093457.252.09$1,956
Dec 2019081859.012.30$1,885
Nov 2019497655.302.75$2,906
Oct 201901,07153.472.42$2,590
Sep 201941,09555.052.66$3,130
Aug 201901,05553.112.30$2,431
Jul 201901,10356.272.46$2,713
Jun 201901,09352.782.49$2,723
May 201901,05858.482.74$2,899
Apr 201901,05562.632.75$2,902
Mar 201901,17756.803.06$3,604
Feb 201901,14150.852.79$3,186
Jan 201901,30046.033.23$4,197
Dec 201801,09446.594.19$4,579
Nov 2018091452.934.24$3,873
Oct 2018085061.443.40$2,888
Sep 2018081859.543.11$2,542
Aug 2018079659.403.07$2,441
Jul 2018082165.142.93$2,407
Jun 2018085560.183.08$2,631
May 2018079465.382.90$2,303
Apr 2018060363.842.90$1,749
Mar 2018031261.222.79$869
Feb 2018242261.782.77$1,291
Jan 2018064762.874.01$2,594
Dec 2017049657.272.92$1,449
Nov 2017073155.423.12$2,280
Oct 2017080849.292.98$2,411
Sep 2017090947.523.09$2,806
Aug 2017096745.373.00$2,905
Jul 2017080943.873.09$2,498
Jun 2017083342.493.09$2,572
May 2017081745.373.26$2,666
Apr 2017077847.933.21$2,499
Mar 2017071646.772.98$2,136
Feb 2017065050.452.95$1,919
Jan 2017156149.413.42$1,967
Dec 2016073248.763.72$2,725
Nov 2016075542.492.64$1,996
Oct 2016076046.193.09$2,349
Sep 201606541.553.10$202
Aug 2016012741.442.92$371
Jul 2016233441.622.92$1,060
Jun 2016040745.352.69$1,093
May 2016048042.521.99$956
Apr 2016050536.561.99$1,005
Mar 2016025433.011.79$456
Feb 2016013026.472.06$268
Jan 2016123927.352.36$592
Dec 2015055032.362.00$1,101
Nov 2015050538.792.17$1,095
Oct 2015077443.552.43$1,878
Sep 2015070742.992.76$1,950
Aug 2015015740.162.87$451
Jul 2015058748.152.95$1,729
Jun 2015049556.152.88$1,427
May 2015065955.212.96$1,948
Apr 2015073549.822.71$1,989
Mar 2015064642.892.93$1,896
Feb 2015081644.662.98$2,429
Jan 201501,11943.433.10$3,470
Dec 201401,16554.693.59$4,184
Nov 2014069970.464.25$2,972
Oct 2014028078.303.90$1,092
Sep 2014042886.164.05$1,731
Aug 2014050889.394.04$2,050
Jul 2014422296.564.18$1,314
Jun 2014023298.164.74$1,099
May 2014032794.734.73$1,546
Apr 2014038795.944.81$1,861
Mar 2014031695.895.06$1,598
Feb 2014039797.406.19$2,458
Jan 2014089790.404.86$4,360
Dec 2013085291.824.35$3,710
Nov 2013077188.853.74$2,882
Oct 2013062697.423.78$2,366
Sep 20130774104.113.72$2,878
Aug 20130761104.253.52$2,681
Jul 201301,050102.523.72$3,904
Jun 201301,06494.403.93$4,185
May 201301,08194.834.15$4,485
Apr 201301,06193.964.28$4,544
Mar 2013086993.623.91$3,400
Feb 2013086091.233.42$2,941
Jan 201301,20191.603.42$4,107
Dec 2012092586.773.42$3,164
Nov 2012078486.953.62$2,842
Oct 2012071689.383.40$2,434
Sep 201201,24794.672.92$3,639
Aug 2012081992.662.91$2,382
Jul 2012068885.133.02$2,078
Jun 2012054179.822.52$1,363
May 2012099391.612.49$2,471
Apr 201201,266101.652.00$2,528
Mar 201201,297105.052.22$2,882
Feb 201201,271101.102.57$3,267
Jan 201201,43398.092.73$3,918
Dec 201101,35496.873.24$4,387
Nov 201101,01795.723.31$3,368
Oct 201101,18684.983.65$4,327
Sep 201101,23583.623.99$4,922
Aug 201101,32783.404.15$5,506
Jul 201101,36994.144.52$6,184
Jun 201101,35792.904.64$6,296
May 201181,05698.134.40$5,437
Apr 201101,034105.964.33$4,481
Mar 201101,35596.364.06$5,498
Feb 201101,24885.644.18$5,217
Jan 201101,35386.504.59$6,209
Dec 201001,36085.734.35$5,913
Nov 201001,39180.843.80$5,279
Oct 201001,60578.103.51$5,632
Sep 201001,73372.633.98$6,896
Aug 201001,62873.684.42$7,195
Jul 201001,27872.554.74$6,053
Jun 2010791,21470.364.91$11,520
May 2010039071.124.24$1,652
Apr 2010067181.694.12$2,766
Mar 2010078478.394.39$3,441
Feb 201001,18773.585.44$6,460
Jan 201001,83474.365.96$10,938
Dec 200901,94671.445.48$10,671
Nov 200901,96174.593.75$7,357
Oct 200902,05672.544.11$8,451
Sep 200902,01865.543.06$6,185
Aug 200901,76567.423.22$5,681
Jul 200901,68461.133.46$5,834
Jun 200901,34866.163.90$5,250
May 200901,32254.743.93$5,190
Apr 200901,14146.773.59$4,093
Mar 200901,02142.144.06$4,144
Feb 200901,19332.814.63$5,527
Jan 200901,09035.865.37$5,854
Dec 2008099137.105.98$5,923
Nov 200801,03355.496.86$7,087
Oct 2008095475.246.92$6,604
Sep 200801,664101.767.88$13,107
Aug 200801,902114.228.48$16,135
Jul 200802,068131.0811.39$23,553
Jun 200801,561131.3313.03$20,344
May 200801,205123.1711.57$13,947
Apr 200801,520110.3110.45$15,891
Mar 200801,646101.909.66$15,907
Feb 200801,25092.538.77$10,963
Jan 200801,47790.388.21$12,120
Dec 200701,49588.337.30$10,916
Nov 200701,60491.677.29$11,696
Oct 200701,63582.856.92$11,317
Sep 200701,55275.846.24$9,691
Aug 200701,35869.066.39$8,675
Jul 200701,99370.906.39$12,731
Jun 200701,53662.007.55$11,594
May 200701,19158.747.85$9,345
Apr 200701,09359.617.81$8,531
Mar 2007111,59056.927.30$12,236
Feb 200701,09455.108.22$8,988
Jan 200701,59050.306.73$10,696
Dec 200601,98256.656.92$13,712
Nov 200601,32954.207.62$10,124
Oct 200601,31454.906.01$7,902
Sep 200601,59660.085.04$8,039
Aug 200601,30068.717.34$9,542
Jul 200601,26769.376.34$8,036
Jun 2006089966.286.38$5,739
May 2006091566.016.42$5,879
Apr 200601,00264.397.36$7,375
Mar 2006089356.707.08$6,325
Feb 2006084957.597.75$6,581
Jan 2006093360.598.93$8,335
Dec 200501,15554.9413.42$15,495
Nov 200501,36054.6910.59$14,400
Oct 200501,19458.3413.80$16,472
Sep 2005095261.4512.08$11,499
Aug 2005090161.519.80$8,827
Jul 200501,14655.697.84$8,989
Jun 200501,00352.337.38$7,403
May 200501,15545.226.65$7,682
Apr 200501,11849.207.36$8,229
Mar 200501,19750.377.15$8,564
Feb 200501,17345.226.31$7,404
Jan 200501,27443.166.32$8,054
Dec 200401,07039.866.75$7,224
Nov 200402,04445.286.33$12,939
Oct 200401,22649.706.52$7,988
Sep 200401,99943.245.28$10,563
Aug 200402,31642.375.55$12,855
Jul 200402,24138.286.08$13,635
Jun 200402,24136.106.43$14,416
May 200402,01937.486.49$13,113
Apr 200401,57034.475.86$9,198
Mar 200401,22034.365.53$6,747
Feb 200401,03632.455.51$5,708
Jan 200401,30432.036.30$8,215
Dec 200301,64830.266.30$10,385
Nov 200301,61828.804.60$7,435
Oct 200301,86228.174.76$8,862
Sep 200301,70926.314.75$8,117
Aug 200301,12229.765.13$5,756
Jul 200301,13529.415.17$5,869
Jun 200301,04028.565.98$6,222
May 200301,39726.595.97$8,344
Apr 200301,24026.675.41$6,705
Mar 200301,72431.146.10$10,510
Feb 200301,40533.487.93$11,136
Jan 200302,58330.315.58$14,418
Dec 200201,86326.914.85$9,043
Nov 200202,19324.664.14$9,072
Oct 200201,98826.464.23$8,407
Sep 20020027.443.64$0
Aug 200202,53125.963.16$8,008
Jul 200202,79424.583.06$8,555
Jun 200202,88423.733.34$9,627
May 20020224.663.58$7
Apr 200201,29323.653.51$4,541
Mar 20020022.003.10$0
Feb 200201,74918.222.38$4,155
Jan 200202,93117.172.38$6,963
Dec 2001095916.932.36$2,267
Nov 200101,59818.072.41$3,844
Oct 200101,71719.782.53$4,342
Sep 200102,27024.262.25$5,111
Aug 200102,92824.873.05$8,940
Jul 200101,78523.933.20$5,707
Jun 200102,22424.563.82$8,505
May 200102,46925.524.31$10,635
Apr 200102,00524.685.34$10,697
Mar 200102,57524.545.38$13,844
Feb 200102,18627.755.77$12,607
Jan 200102,43827.478.40$20,476
Dec 200001,85726.889.12$16,940
Nov 200002,17732.215.66$12,317
Oct 200002,46931.235.15$12,704
Sep 200002,56031.875.19$13,277
Aug 200001,03829.644.54$4,713
Jul 200002,50128.534.09$10,228
Jun 200002,49229.304.40$10,958
May 200002,94427.263.68$10,833
Apr 200002,71524.513.12$8,460
Mar 200002,83128.422.86$8,096
Feb 200001,67427.622.73$4,564
Jan 200002,89725.272.48$7,186
Dec 199902,65124.282.42$6,425
Nov 199903,15623.192.43$7,682
Oct 199902,57320.982.80$7,214
Sep 199902,80521.752.62$7,346
Aug 199902,81819.262.88$8,103
Jul 199903,18417.892.37$7,554
Jun 199903,62215.942.36$8,556
May 199904,22215.792.32$9,799
Apr 199902,73915.102.21$6,048
Mar 199902,46512.471.84$4,531
Feb 199962,5709.981.82$4,732
Jan 199903,27810.381.90$6,228
Dec 199803,3969.201.77$6,022
Nov 199803,26510.892.19$7,136
Oct 199802,96812.421.97$5,845
Sep 199803,28112.592.08$6,833
Aug 199803,87911.301.91$7,399
Jul 199803,65811.742.24$8,184
Jun 199803,62211.242.24$8,103
May 1998344,48612.622.21$10,327
Apr 199803,42613.042.51$8,583
Mar 199803,16412.802.31$7,307
Feb 1998814,36713.952.30$11,170
Jan 199805,88814.702.15$12,687
Dec 1997291,61116.322.41$4,358
Nov 199702,57018.193.09$7,937
Oct 1997192,68019.253.15$8,807
Sep 199703,43617.742.95$10,153
Aug 1997173,57117.862.55$9,427
Jul 1997143,98517.582.25$9,200
Jun 199704,17017.242.26$9,413
May 199763,43918.972.31$8,053
Apr 1997473,48817.882.08$8,105
Mar 199704,21118.951.94$8,166
Feb 1997523,57420.492.21$8,949
Jan 199703,65723.483.54$12,945
Dec 1996314,18823.32$723
Nov 199603,25421.97$0
Oct 199603,63923.31$0
Sep 199603,92022.22$0
Aug 1996144,02520.26$284
Jul 199603,90819.55$0
Jun 199603,28118.73$0
May 199603,80519.43$0
Apr 199603,19721.51$0
Mar 199604,13119.38$0
Feb 199604,37816.98$0
Jan 199604,54717.07$0
Dec 199504,90417.19$0
Nov 199503,85616.00$0
Oct 199504,02515.43$0
Sep 199503,90516.18$0
Aug 199504,34115.92$0
Jul 199504,37815.24$0
Jun 199504,69116.41$0
May 199504,97317.56$0
Apr 199502,93917.73$0
Mar 199505,54216.44$0
Feb 199504,04916.58$0
Jan 199505,10915.92$0
Dec 199405,29915.03$0
Nov 199405,21315.90$0
Oct 199405,66515.58$0
Sep 199405,14615.29$0
Aug 199405,63016.13$0
Jul 199405,87917.56$0
Jun 199408,75617.09$0
May 199409,05815.88$0
Apr 1994310,60214.14$42
Mar 1994010,50712.46$0
Feb 1994149,88012.50$175
Jan 1994010,80312.66$0
Dec 199308,87112.33$0
Nov 1993010,34314.49$0
Oct 1993012,67315.85$0
Sep 1993011,54015.03$0
Aug 1993013,00215.66$0
Jul 1993012,68515.46$0
Jun 1993012,61616.79$0
May 1993013,90317.68$0
Apr 199310815,20418.05$1,949
Mar 1993114,78018.14$18
Feb 1993013,69117.90$0
Jan 1993217,00516.93$34

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                  885 Mcf  × $  3.05 =     $2,696

────────────────────────────────────────────────────
Month total                                   $2,696

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/140870 is the state's own key, not one this site invented.