LUNDELL 40

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 141301District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$794 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 Gas111992-08-29125270
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
CondensateDisposition1,745 bbl$52,859
GasProduction399,050 Mcf$740,687
Total$793,546

260,536 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 27.6213, -99.0033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62132, -99.00331 · 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
10,939 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 10,939 ft.

Completions filed
Mar 1992
1 of 1 wells

1 well

42-47934998210,939 ftMar 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202414069.052.20$967
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20221091.054.86$91
Jan 20221081.844.54$82
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020081437.091.99$1,621
Aug 2020081739.982.39$1,949
Jul 2020081738.371.83$1,491
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020019430.341.86$360
Feb 2020019249.881.98$380
Jan 2020023557.252.09$492
Dec 2019023559.012.30$542
Nov 2019017355.302.75$476
Oct 2019021153.472.42$510
Sep 2019026855.052.66$712
Aug 2019027553.112.30$634
Jul 2019019956.272.46$490
Jun 2019031352.782.49$780
May 2019030558.482.74$836
Apr 2019030462.632.75$836
Mar 2019029756.803.06$909
Feb 2019027850.852.79$776
Jan 2019035046.033.23$1,130
Dec 2018022546.594.19$942
Nov 2018021352.934.24$903
Oct 2018041161.443.40$1,397
Sep 2018032359.543.11$1,004
Aug 2018029459.403.07$902
Jul 2018027565.142.93$806
Jun 201809260.183.08$283
May 2018019265.382.90$557
Apr 2018016063.842.90$464
Mar 2018041861.222.79$1,165
Feb 201806561.782.77$180
Jan 201806762.874.01$269
Dec 201702157.272.92$61
Nov 201709855.423.12$306
Oct 2017011949.292.98$355
Sep 2017016347.523.09$503
Aug 2017010945.373.00$327
Jul 2017023143.873.09$713
Jun 2017028342.493.09$874
May 2017027245.373.26$888
Apr 2017029647.933.21$951
Mar 2017045646.772.98$1,361
Feb 2017033350.452.95$983
Jan 2017038349.413.42$1,309
Dec 2016028148.763.72$1,046
Nov 2016021842.492.64$576
Oct 2016021046.193.09$649
Sep 2016029141.553.10$902
Aug 201608341.442.92$243
Jul 201608341.622.92$243
Jun 201608345.352.69$223
May 201616823342.521.99$7,607
Apr 201616418136.561.99$6,356
Mar 2016038233.011.79$685
Feb 2016016626.472.06$343
Jan 2016014127.352.36$333
Dec 201509732.362.00$194
Nov 2015011238.792.17$243
Oct 2015015543.552.43$376
Sep 201501142.992.76$30
Aug 201509040.162.87$259
Jul 201508948.152.95$262
Jun 201507356.152.88$210
May 2015011655.212.96$343
Apr 2015014049.822.71$379
Mar 2015017842.892.93$522
Feb 2015018944.662.98$563
Jan 2015021943.433.10$679
Dec 2014024254.693.59$869
Nov 2014027970.464.25$1,186
Oct 2014030378.303.90$1,182
Sep 2014125186.164.05$1,102
Aug 2014227289.394.04$1,276
Jul 2014043396.564.18$1,810
Jun 2014018198.164.74$857
May 2014024194.734.73$1,139
Apr 2014136495.944.81$1,846
Mar 2014032495.895.06$1,638
Feb 2014122597.406.19$1,491
Jan 2014021790.404.86$1,055
Dec 2013025591.824.35$1,110
Nov 2013017788.853.74$662
Oct 2013117797.423.78$766
Sep 20130229104.113.72$851
Aug 20130320104.253.52$1,127
Jul 20130232102.523.72$863
Jun 2013022694.403.93$889
May 2013143894.834.15$1,912
Apr 2013048993.964.28$2,094
Mar 2013150893.623.91$2,081
Feb 2013030491.233.42$1,040
Jan 20133032591.603.42$3,859
Dec 20126029786.773.42$6,222
Nov 20121237086.953.62$2,385
Oct 2012025689.383.40$870
Sep 2012023394.672.92$680
Aug 2012024792.662.91$718
Jul 2012022885.133.02$689
Jun 2012027279.822.52$685
May 2012013191.612.49$326
Apr 20120103101.652.00$206
Mar 20120110105.052.22$244
Feb 20120113101.102.57$290
Jan 201209498.092.73$257
Dec 201109096.873.24$292
Nov 201109395.723.31$308
Oct 2011010084.983.65$365
Sep 201109883.623.99$391
Aug 2011012483.404.15$515
Jul 201106994.144.52$312
Jun 2011012092.904.64$557
May 2011010298.134.40$449
Apr 2011093105.964.33$403
Mar 2011010596.364.06$426
Feb 201109285.644.18$385
Jan 201109486.504.59$431
Dec 201009885.734.35$426
Nov 201009580.843.80$361
Oct 201009978.103.51$347
Sep 201009972.633.98$394
Aug 2010010373.684.42$455
Jul 201008772.554.74$412
Jun 201009770.364.91$476
May 201009171.124.24$385
Apr 201009381.694.12$383
Mar 2010011178.394.39$487
Feb 201008673.585.44$468
Jan 2010012574.365.96$746
Dec 200909771.445.48$532
Nov 2009010874.593.75$405
Oct 200909072.544.11$370
Sep 200909565.543.06$291
Aug 2009010267.423.22$328
Jul 2009010361.133.46$357
Jun 2009012366.163.90$479
May 200906154.743.93$239
Apr 2009010346.773.59$370
Mar 2009010642.144.06$430
Feb 200906932.814.63$320
Jan 2009013735.865.37$736
Dec 2008011037.105.98$657
Nov 200808655.496.86$590
Oct 2008013275.246.92$914
Sep 20080108101.767.88$851
Aug 20080120114.228.48$1,018
Jul 20080109131.0811.39$1,241
Jun 20080138131.3313.03$1,799
May 2008099123.1711.57$1,146
Apr 20080131110.3110.45$1,370
Mar 2008048101.909.66$464
Feb 200801592.538.77$132
Jan 200801690.388.21$131
Dec 200701088.337.30$73
Nov 200705091.677.29$365
Oct 200702682.856.92$180
Sep 200709675.846.24$599
Aug 2007017069.066.39$1,086
Jul 200706270.906.39$396
Jun 200708462.007.55$634
May 200707358.747.85$573
Apr 200705759.617.81$445
Mar 200705456.927.30$394
Feb 200702255.108.22$181
Jan 200707850.306.73$525
Dec 2006028456.656.92$1,965
Nov 2006015254.207.62$1,158
Oct 2006039354.906.01$2,363
Sep 2006034360.085.04$1,728
Aug 2006044368.717.34$3,252
Jul 2006046769.376.34$2,962
Jun 2006047466.286.38$3,026
May 2006041266.016.42$2,647
Apr 2006165764.397.36$4,900
Mar 2006179356.707.08$5,673
Feb 2006261057.597.75$4,843
Jan 2006169360.598.93$6,251
Dec 2005048654.9413.42$6,520
Nov 2005178054.6910.59$8,314
Oct 2005661858.3413.80$8,876
Sep 20051071761.4512.08$9,275
Aug 20051468761.519.80$7,592
Jul 20051850755.697.84$4,979
Jun 2005955352.337.38$4,553
May 2005456545.226.65$3,939
Apr 2005631349.207.36$2,599
Mar 20051141050.377.15$3,488
Feb 20051145845.226.31$3,388
Jan 2005181,49343.166.32$10,216
Dec 2004271,47139.866.75$11,007
Nov 2004241,45945.286.33$10,323
Oct 2004342,95649.706.52$20,948
Sep 2004332,65143.245.28$15,435
Aug 200403,42442.375.55$19,005
Jul 200403,38138.286.08$20,571
Jun 200403,46636.106.43$22,297
May 200403,94637.486.49$25,628
Apr 200404,63534.475.86$27,154
Mar 200443,28234.365.53$18,287
Feb 200403,67332.455.51$20,237
Jan 200444,43332.036.30$28,054
Dec 200383,55830.266.30$22,663
Nov 200304,01628.804.60$18,454
Oct 200305,30328.174.76$25,240
Sep 200306,01826.314.75$28,582
Aug 200307,07129.765.13$36,272
Jul 200307,64929.415.17$39,552
Jun 200306,55728.565.98$39,230
May 200306,92626.595.97$41,367
Apr 200305,43026.675.41$29,362
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
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 19980012.592.08$0
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 199806214.702.15$134
Dec 199702916.322.41$70
Nov 1997018218.193.09$562
Oct 199709119.253.15$287
Sep 199702117.742.95$62
Aug 19970017.862.55$0
Jul 1997036017.582.25$809
Jun 1997038117.242.26$860
May 1997043318.972.31$1,000
Apr 1997051217.882.08$1,066
Mar 1997147518.951.94$940
Feb 1997027920.492.21$615
Jan 1997056123.483.54$1,986
Dec 1996068123.32$0
Nov 1996064021.97$0
Oct 1996053323.31$0
Sep 1996091922.22$0
Aug 1996068220.26$0
Jul 199603,19919.55$0
Jun 199645,07318.73$75
May 199604,96519.43$0
Apr 199602,40421.51$0
Mar 199602,72919.38$0
Feb 1996362,81816.98$611
Jan 199604,30317.07$0
Dec 199504,79817.19$0
Nov 199502,46316.00$0
Oct 1995603,98015.43$926
Sep 199503,42516.18$0
Aug 199504,24415.92$0
Jul 19951303,89715.24$1,981
Jun 199503,98416.41$0
May 199503,46417.56$0
Apr 19951302,93617.73$2,305
Mar 199503,41016.44$0
Feb 1995844,95616.58$1,393
Jan 199506,05015.92$0
Dec 199405,66115.03$0
Nov 1994545,12215.90$859
Oct 199406,81115.58$0
Sep 199406,41915.29$0
Aug 1994357,12516.13$565
Jul 199404,80617.56$0
Jun 199405,90417.09$0
May 1994316,72515.88$492
Apr 199405,74514.14$0
Mar 1994276,85512.46$336
Feb 1994435,64012.50$538
Jan 1994126,58212.66$152
Dec 199307,64212.33$0
Nov 199318,12714.49$14
Oct 1993117,95315.85$174
Sep 199306,12115.03$0
Aug 1993329,24315.66$501
Jul 1993328,54615.46$495
Jun 1993418,93916.79$688
May 19938313,22417.68$1,467
Apr 19936614,41818.05$1,191
Mar 1993317,91918.14$562
Feb 1993678,11917.90$1,199
Jan 19932810,33716.93$474

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.

Nov 2024 — as filed, then multipliedworked
Condensate            14 bbl  × $ 69.05 =       $967
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                     $967

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/141301 is the state's own key, not one this site invented.