BUSTAMANTE GAS UNIT 1

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

Gas lease lease 144759District 04Field 638365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Mar 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
399
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1985-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: PER DOCKET #04-0255143 RULE ONE AMENDED. STANDARD 40 ACRES

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 Gas111993-09-03129085
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
CondensateDisposition298 bbl$8,493
GasProduction5,325,453 Mcf$7,959,471
Total$7,967,964

3,358,042 Mcf of this lease's gas, across 46 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 26.9999, -99.0833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
14,450 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 14,450 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-50532968514,450 ftJul 2008

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 (399)

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

399 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 20240069.052.20$0
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 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
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 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200831,778101.909.66$17,488
Feb 200826,03492.538.77$53,107
Jan 200824,64090.388.21$38,255
Dec 2007111,17388.337.30$81,673
Nov 2007113,77291.677.29$100,513
Oct 200701,10582.856.92$7,649
Sep 200706975.846.24$431
Aug 200702,96069.066.39$18,908
Jul 200707,60370.906.39$48,568
Jun 2007016,16562.007.55$122,021
May 200709,14858.747.85$71,778
Apr 200716,28659.617.81$49,123
Mar 2007310,53456.927.30$77,090
Feb 2007112,22755.108.22$100,512
Jan 200724,33550.306.73$29,261
Dec 200604,70856.656.92$32,572
Nov 200604,78954.207.62$36,480
Oct 200606,19354.906.01$37,243
Sep 200619,30860.085.04$46,946
Aug 2006011,46268.717.34$84,130
Jul 200626,55769.376.34$41,728
Jun 200624,79466.286.38$30,737
May 200628,10166.016.42$52,181
Apr 200609,82864.397.36$72,339
Mar 200628,46956.707.08$60,099
Feb 200646,82057.597.75$53,093
Jan 2006411,21360.598.93$100,412
Dec 200529,18954.9413.42$123,384
Nov 200539,38654.6910.59$99,547
Oct 200509,06758.3413.80$125,086
Sep 200529,08161.4512.08$109,812
Aug 2005011,95361.519.80$117,102
Jul 2005013,75455.697.84$107,881
Jun 2005010,40752.337.38$76,814
May 2005013,66045.226.65$90,855
Apr 2005010,05549.207.36$74,010
Mar 200505,69850.377.15$40,769
Feb 200506,39145.226.31$40,339
Jan 2005210,82543.166.32$68,524
Dec 200408,92239.866.75$60,233
Nov 2004311,87545.286.33$75,310
Oct 2004313,26049.706.52$86,539
Sep 2004413,92443.245.28$73,746
Aug 200418,82642.375.55$49,033
Jul 200419,78538.286.08$59,572
Jun 2004015,06536.106.43$96,913
May 2004819,15437.486.49$124,697
Apr 2004419,40534.475.86$113,821
Mar 2004822,27134.365.53$123,437
Feb 2004219,07832.455.51$105,177
Jan 20041535,13732.036.30$221,831
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200302229.415.17$114
Jun 200326,04028.565.98$36,194
May 2003020,92426.595.97$124,972
Apr 2003022,78226.675.41$123,189
Mar 2003014,60931.146.10$89,057
Feb 200305,59733.487.93$44,361
Jan 200307,25730.315.58$40,509
Dec 200209,97826.914.85$48,431
Nov 2002011,11124.664.14$45,966
Oct 2002212,91226.464.23$54,659
Sep 2002513,12827.443.64$47,860
Aug 2002013,01125.963.16$41,169
Jul 2002112,92624.583.06$39,601
Jun 2002112,56423.733.34$41,965
May 2002211,07224.663.58$39,731
Apr 2002111,20823.653.51$39,390
Mar 2002110,94722.003.10$33,987
Feb 200229,38518.222.38$22,332
Jan 2002012,61017.172.38$29,957
Dec 2001011,21116.932.36$26,507
Nov 2001013,50018.072.41$32,475
Oct 2001115,44819.782.53$39,086
Sep 2001117,33124.262.25$39,042
Aug 2001112,75024.873.05$38,953
Jul 2001031523.933.20$1,007
Jun 2001113,36724.563.82$51,142
May 2001111,89525.524.31$51,261
Apr 2001010,71124.685.34$57,147
Mar 2001412,41724.545.38$66,857
Feb 2001410,42427.755.77$60,227
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200004,37031.235.15$22,486
Sep 2000417,45031.875.19$90,632
Aug 2000117,54229.644.54$79,683
Jul 2000017,49528.534.09$71,550
Jun 2000118,32429.304.40$80,605
May 2000119,14127.263.68$70,461
Apr 2000217,88224.513.12$55,769
Mar 2000317,96628.422.86$51,464
Feb 2000118,37927.622.73$50,138
Jan 2000218,41525.272.48$45,729
Dec 1999219,41724.282.42$47,110
Nov 1999020,63223.192.43$50,218
Oct 1999021,03420.982.80$58,973
Sep 1999119,64521.752.62$51,469
Aug 1999022,68519.262.88$65,233
Jul 1999019,70317.892.37$46,743
Jun 1999221,03215.942.36$49,712
May 1999221,67815.792.32$50,347
Apr 1999221,54015.102.21$47,592
Mar 1999022,68512.471.84$41,703
Feb 1999122,1929.981.82$40,350
Jan 1999024,36710.381.90$46,296
Dec 1998023,7739.201.77$42,157
Nov 1998023,74710.892.19$51,904
Oct 1998019,93812.421.97$39,262
Sep 1998320,53712.592.08$42,809
Aug 1998341,56511.301.91$79,313
Jul 1998224,82211.742.24$55,557
Jun 1998023,94411.242.24$53,569
May 1998425,30212.622.21$55,875
Apr 1998426,01813.042.51$65,236
Mar 1998026,41812.802.31$61,011
Feb 1998024,95413.952.30$57,372
Jan 1998028,67714.702.15$61,793
Dec 1997029,12116.322.41$70,214
Nov 1997028,64818.193.09$88,472
Oct 1997330,34219.253.15$95,630
Sep 1997328,54017.742.95$84,386
Aug 1997231,16117.862.55$79,644
Jul 1997131,36317.582.25$70,488
Jun 1997327,78517.242.26$62,768
May 1997632,20718.972.31$74,464
Apr 1997431,73517.882.08$66,169
Mar 1997333,72018.951.94$65,445
Feb 1997630,50220.492.21$67,407
Jan 1997335,32723.483.54$125,117
Dec 1996236,42923.32$47
Nov 1996334,44421.97$66
Oct 1996137,22423.31$23
Sep 1996237,43222.22$44
Aug 1996038,49820.26$0
Jul 1996039,46319.55$0
Jun 1996239,89218.73$37
May 1996343,25419.43$58
Apr 1996441,72521.51$86
Mar 1996444,34319.38$78
Feb 1996242,87416.98$34
Jan 1996046,21317.07$0
Dec 1995246,11817.19$34
Nov 1995142,81416.00$16
Oct 1995049,56715.43$0
Sep 1995250,17916.18$32
Aug 1995054,23015.92$0
Jul 1995355,40615.24$46
Jun 1995456,35316.41$66
May 1995458,07117.56$70
Apr 1995460,07717.73$71
Mar 1995465,04816.44$66
Feb 1995561,17716.58$83
Jan 1995371,63115.92$48
Dec 1994067,68415.03$0
Nov 1994160,50515.90$16
Oct 1994169,93015.58$16
Sep 1994072,91615.29$0
Aug 1994080,50216.13$0
Jul 1994284,17917.56$35
Jun 1994078,77117.09$0
May 1994591,57715.88$79
Apr 1994189,90014.14$14
Mar 1994592,50612.46$62
Feb 1994086,97112.50$0
Jan 1994795,52212.66$89
Dec 19935101,85612.33$62
Nov 19932110,14314.49$29
Oct 19932123,08515.85$32
Sep 19931129,17915.03$15
Aug 19930150,92415.66$0
Jul 19930171,75715.46$0
Jun 19930204,50116.79$0
May 19938123,29217.68$141
Apr 1993667,54018.05$108
Mar 1993152,34018.14$18

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.

Mar 2008 — as filed, then multipliedworked
Condensate             3 bbl  × $101.90 =       $306
Gas                1,778 Mcf  × $  9.66 =    $17,183

────────────────────────────────────────────────────
Month total                                  $17,488

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/144759 is the state's own key, not one this site invented.