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 145794District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jun 1993 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
396
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 Gas111993-07-19129297
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
CondensateDisposition12,972 bbl$229,820
GasProduction2,627,992 Mcf$2,877,181
Total$3,107,001

1,909,219 Mcf of this lease's gas, across 43 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 27.6695, -99.1115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66950, -99.11155 · 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
9,890 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 9,890 ft.

Completions filed
Jun 1993
1 of 1 wells

1 well

42-47935790109,890 ftJun 1993

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 (396)

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

396 months

May 202602,213106.413.05$6,740
Apr 202602,42798.932.87$6,965
Mar 202602,44489.753.15$7,697
Feb 202601,85963.503.75$6,972
Jan 202602,31759.138.00$18,531
Dec 202502,77856.664.41$12,260
Nov 202502,59658.593.93$10,193
Oct 202502,51259.383.30$8,302
Sep 2025852,45662.743.08$12,890
Aug 202502,73863.933.01$8,254
Jul 202502,66666.743.32$8,838
Jun 202502,62666.483.13$8,216
May 202502,65460.553.23$8,579
Apr 202502,67262.363.54$9,467
Mar 202503,13667.704.27$13,385
Feb 202502,75970.884.34$11,976
Jan 202502,27474.324.28$9,730
Dec 202402,64968.993.12$8,269
Nov 202402,64969.052.20$5,824
Oct 202403,13671.372.28$7,154
Sep 202403,46469.612.36$8,190
Aug 202403,46275.632.06$7,144
Jul 202403,64479.932.15$7,822
Jun 202403,76478.082.63$9,914
May 202403,75578.812.20$8,255
Apr 202402,30284.451.66$3,819
Mar 202402,29780.301.55$3,549
Feb 202401,98876.091.78$3,546
Jan 202402,48873.023.30$8,205
Dec 202302,65171.262.61$6,921
Nov 202302,48377.892.81$6,971
Oct 202302,78385.443.09$8,592
Sep 202302,56289.042.74$7,007
Aug 202302,69280.522.67$7,195
Jul 202302,61474.852.64$6,906
Jun 202302,36468.962.26$5,339
May 202302,95370.622.23$6,578
Apr 202302,75078.122.24$6,154
Mar 202302,51772.852.39$6,024
Feb 202302,24975.112.47$5,545
Jan 202302,46176.533.39$8,337
Dec 202202,66176.415.73$15,245
Nov 202202,61685.005.65$14,770
Oct 202202,36887.185.86$13,885
Sep 202202,74184.888.16$22,377
Aug 202202,97494.529.13$27,144
Jul 202203,173101.587.54$23,931
Jun 2022017115.097.98$136
May 2022075109.378.43$632
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202204681.844.54$209
Dec 202106271.323.90$242
Nov 202108077.435.24$419
Oct 202108079.795.71$457
Sep 2021010069.865.35$535
Aug 2021012066.024.22$506
Jul 2021011670.783.98$462
Jun 2021011469.493.38$385
May 2021012163.483.02$365
Apr 2021011160.362.76$306
Mar 2021010261.302.72$277
Feb 202108357.805.55$460
Jan 2021010050.412.81$281
Dec 2020010944.642.68$292
Nov 202007738.772.71$208
Oct 2020010436.972.48$258
Sep 2020012437.091.99$247
Aug 2020012739.982.39$303
Jul 202008338.371.83$151
Jun 2020017234.901.69$291
May 2020010816.921.81$196
Apr 2020014414.751.80$260
Mar 2020017030.341.86$316
Feb 2020010349.881.98$204
Jan 2020016957.252.09$354
Dec 2019010959.012.30$251
Nov 2019011955.302.75$327
Oct 2019013953.472.42$336
Sep 2019014655.052.66$388
Aug 2019014853.112.30$341
Jul 2019013956.272.46$342
Jun 2019012552.782.49$311
May 2019011958.482.74$326
Apr 2019012262.632.75$336
Mar 2019014456.803.06$441
Feb 2019013350.852.79$371
Jan 2019013146.033.23$423
Dec 20181009846.594.19$5,069
Nov 2018013052.934.24$551
Oct 201807361.443.40$248
Sep 2018094459.543.11$2,934
Aug 201802,08159.403.07$6,382
Jul 201803,04365.142.93$8,922
Jun 201802,80760.183.08$8,637
May 201803,46665.382.90$10,054
Apr 201803,45963.842.90$10,034
Mar 201803,93961.222.79$10,977
Feb 201803,85561.782.77$10,663
Jan 201804,41462.874.01$17,697
Dec 201704,62857.272.92$13,521
Nov 201704,51855.423.12$14,089
Oct 201705,08549.292.98$15,172
Sep 201705,33947.523.09$16,483
Aug 201706,65845.373.00$20,003
Jul 201701,26143.873.09$3,893
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 201633027.352.36$903
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015015343.552.43$371
Sep 2015022442.992.76$618
Aug 2015022740.162.87$652
Jul 2015023548.152.95$692
Jun 2015027356.152.88$787
May 2015027155.212.96$801
Apr 2015026849.822.71$725
Mar 2015027242.892.93$798
Feb 2015023744.662.98$705
Jan 2015025243.433.10$781
Dec 2014026154.693.59$937
Nov 2014026470.464.25$1,122
Oct 20140078.303.90$0
Sep 201408486.164.05$340
Aug 2014025089.394.04$1,009
Jul 2014025296.564.18$1,053
Jun 2014017998.164.74$848
May 2014012094.734.73$567
Apr 2014014495.944.81$693
Mar 2014021695.895.06$1,092
Feb 2014020497.406.19$1,263
Jan 2014024290.404.86$1,176
Dec 2013023191.824.35$1,006
Nov 2013020588.853.74$766
Oct 2013021997.423.78$828
Sep 20130225104.113.72$836
Aug 20130248104.253.52$874
Jul 20130156102.523.72$580
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013013193.964.28$561
Mar 2013025993.623.91$1,013
Feb 2013020391.233.42$694
Jan 2013010891.603.42$369
Dec 2012010086.773.42$342
Nov 201208186.953.62$294
Oct 201208589.383.40$289
Sep 201204594.672.92$131
Aug 2012021992.662.91$637
Jul 201209685.133.02$290
Jun 201207579.822.52$189
May 201209991.612.49$246
Apr 201298570101.652.00$11,100
Mar 201204,252105.052.22$9,448
Feb 201203,767101.102.57$9,682
Jan 2012017298.092.73$470
Dec 2011056396.873.24$1,824
Nov 201104,53195.723.31$15,003
Oct 201104,47584.983.65$16,327
Sep 201102,97383.623.99$11,850
Aug 201104,98083.404.15$20,664
Jul 20111105,37494.144.52$34,631
Jun 201105,66692.904.64$26,290
May 201106,15998.134.40$27,129
Apr 201106,369105.964.33$27,599
Mar 201106,58796.364.06$26,726
Feb 201105,45985.644.18$22,819
Jan 201105,22786.504.59$23,986
Dec 201001885.734.35$78
Nov 2010026980.843.80$1,021
Oct 2010028778.103.51$1,007
Sep 2010026172.633.98$1,039
Aug 2010028973.684.42$1,277
Jul 2010028872.554.74$1,364
Jun 2010028770.364.91$1,409
May 2010024271.124.24$1,025
Apr 2010030881.694.12$1,270
Mar 2010031678.394.39$1,387
Feb 2010021073.585.44$1,143
Jan 20100074.365.96$0
Dec 2009015071.445.48$823
Nov 2009022974.593.75$859
Oct 2009019172.544.11$785
Sep 2009028265.543.06$864
Aug 2009035767.423.22$1,149
Jul 2009035361.133.46$1,223
Jun 2009033466.163.90$1,301
May 2009034154.743.93$1,339
Apr 2009031546.773.59$1,130
Mar 2009042442.144.06$1,721
Feb 2009036932.814.63$1,710
Jan 2009035835.865.37$1,923
Dec 2008029137.105.98$1,739
Nov 2008037455.496.86$2,566
Oct 2008036375.246.92$2,513
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20080130131.3313.03$1,694
May 20080265123.1711.57$3,067
Apr 200801,458110.3110.45$15,243
Mar 200804,409101.909.66$42,609
Feb 200804,36592.538.77$38,284
Jan 200805,45990.388.21$44,795
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007442,21875.846.24$17,187
Aug 200704,08469.066.39$26,088
Jul 20070070.906.39$0
Jun 2007035762.007.55$2,695
May 2007020658.747.85$1,616
Apr 2007015359.617.81$1,194
Mar 2007026656.927.30$1,942
Feb 2007021755.108.22$1,783
Jan 2007043150.306.73$2,899
Dec 2006043356.656.92$2,996
Nov 2006022154.207.62$1,683
Oct 2006017354.906.01$1,040
Sep 2006040360.085.04$2,030
Aug 2006042568.717.34$3,119
Jul 2006041469.376.34$2,626
Jun 2006040266.286.38$2,566
May 2006015266.016.42$977
Apr 2006021064.397.36$1,546
Mar 2006042056.707.08$2,975
Feb 2006055657.597.75$4,310
Jan 2006075560.598.93$6,745
Dec 2005086154.9413.42$11,551
Nov 2005091554.6910.59$9,688
Oct 2005055758.3413.80$7,684
Sep 2005043561.4512.08$5,254
Aug 200505,07961.519.80$49,758
Jul 200507,32855.697.84$57,478
Jun 2005447,11352.337.38$54,804
May 200507,00745.226.65$46,605
Apr 200505,37949.207.36$39,592
Mar 200503,89150.377.15$27,840
Feb 200506,57545.226.31$41,501
Jan 200507,19943.166.32$45,514
Dec 200406,50139.866.75$43,889
Nov 2004038445.286.33$2,431
Oct 2004045749.706.52$2,977
Sep 2004044843.245.28$2,367
Aug 2004046842.375.55$2,598
Jul 2004044338.286.08$2,695
Jun 2004026636.106.43$1,711
May 2004047237.486.49$3,065
Apr 2004021334.475.86$1,248
Mar 2004049534.365.53$2,737
Feb 2004041832.455.51$2,303
Jan 2004046532.036.30$2,929
Dec 2003048130.266.30$3,031
Nov 2003047228.804.60$2,169
Oct 200302,56328.174.76$12,199
Sep 200301,26626.314.75$6,013
Aug 2003034529.765.13$1,770
Jul 2003094229.415.17$4,871
Jun 2003036328.565.98$2,172
May 200306,69526.595.97$39,987
Apr 200307,05026.675.41$38,121
Mar 200307,05831.146.10$43,026
Feb 200306,47533.487.93$51,320
Jan 200304,26030.315.58$23,779
Dec 200205,16126.914.85$25,050
Nov 200201,98224.664.14$8,199
Oct 2002031426.464.23$1,328
Sep 200209527.443.64$345
Aug 2002022325.963.16$706
Jul 2002024624.583.06$753
Jun 2002011923.733.34$397
May 200209324.663.58$333
Apr 200206623.653.51$232
Mar 200204222.003.10$130
Feb 2002013918.222.38$330
Jan 200203817.172.38$90
Dec 2001013916.932.36$329
Nov 2001023918.072.41$575
Oct 200106,66719.782.53$16,860
Sep 200105,81124.262.25$13,082
Aug 200105,15324.873.05$15,733
Jul 200105,50723.933.20$17,606
Jun 200103,55524.563.82$13,595
May 200104,54225.524.31$19,564
Apr 200103,39724.685.34$18,124
Mar 200103,21524.545.38$17,285
Feb 200103,25827.755.77$18,789
Jan 200104,24927.478.40$35,686
Dec 200004,78626.889.12$43,660
Nov 200043,05332.215.66$17,403
Oct 200023,23131.235.15$16,688
Sep 200005,51331.875.19$28,593
Aug 200029,08729.644.54$41,321
Jul 200026,82028.534.09$27,949
Jun 200006,95129.304.40$30,565
May 200008,75027.263.68$32,198
Apr 200036,31824.513.12$19,760
Mar 200001,48928.422.86$4,258
Feb 2000023827.622.73$649
Jan 2000032725.272.48$811
Dec 199901,02724.282.42$2,489
Nov 19991083823.192.43$2,597
Oct 1999089420.982.80$2,507
Sep 199901,14121.752.62$2,988
Aug 199903,58219.262.88$10,300
Jul 199905,49817.892.37$13,043
Jun 199904,71415.942.36$11,135
May 199906,63915.792.32$15,409
Apr 199905,17715.102.21$11,431
Mar 199915,49312.471.84$10,110
Feb 199907169.981.82$1,302
Jan 199902,53310.381.90$4,813
Dec 199804859.201.77$860
Nov 1998155910.892.19$1,233
Oct 199801,68112.421.97$3,310
Sep 199805,99812.592.08$12,492
Aug 199806,97911.301.91$13,311
Jul 199815,53411.742.24$12,393
Jun 199804,00011.242.24$8,949
May 199804,69212.622.21$10,352
Apr 199807,05713.042.51$17,680
Mar 199804,76112.802.31$10,995
Feb 199824,24313.952.30$9,783
Jan 199805,79814.702.15$12,493
Dec 1997767,10916.322.41$18,381
Nov 199704,49318.193.09$13,876
Oct 199705,86119.253.15$18,461
Sep 1997012,35017.742.95$36,493
Aug 1997010,09817.862.55$25,798
Jul 1997016,09417.582.25$36,162
Jun 1997010,53917.242.26$23,789
May 199732,62818.972.31$6,124
Apr 199711112,17017.882.08$27,332
Mar 199736,11518.951.94$11,915
Feb 19971015,25020.492.21$33,845
Jan 19971317,52423.483.54$62,335
Dec 1996715,38423.32$163
Nov 199612121,35121.97$2,658
Oct 1996724,41323.31$163
Sep 19961010,15322.22$222
Aug 1996142120.26$20
Jul 1996031319.55$0
Jun 1996120918.73$19
May 199614,14419.43$19
Apr 199615916,93821.51$3,420
Mar 1996817,12519.38$155
Feb 1996913,90516.98$153
Jan 1996711,49917.07$119
Dec 1995520,72717.19$86
Nov 199515822,51116.00$2,528
Oct 1995924,26615.43$139
Sep 199517126,28816.18$2,767
Aug 1995930,49815.92$143
Jul 199512935,49015.24$1,966
Jun 199526135,67316.41$4,283
May 1995420,64817.56$70
Apr 199514327,73917.73$2,535
Mar 199516831,93716.44$2,762
Feb 199516830,21016.58$2,785
Jan 199518636,73415.92$2,961
Dec 199432740,50915.03$4,915
Nov 199416641,96015.90$2,639
Oct 199436747,12315.58$5,718
Sep 199418452,73515.29$2,813
Aug 199434563,05516.13$5,565
Jul 199435664,23817.56$6,251
Jun 199436568,63217.09$6,238
May 199434778,64315.88$5,510
Apr 199454177,84614.14$7,650
Mar 199455376,17912.46$6,890
Feb 199437360,87312.50$4,663
Jan 199455470,72612.66$7,014
Dec 199368278,95512.33$8,409
Nov 19937584,49714.49$1,087
Oct 19931,03595,04815.85$16,405
Sep 199389798,05115.03$13,482
Aug 19931,259115,44715.66$19,716
Jul 19931,232129,28715.46$19,047
Jun 199371686,83916.79$12,022

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                2,213 Mcf  × $  3.05 =     $6,740

────────────────────────────────────────────────────
Month total                                   $6,740

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/145794 is the state's own key, not one this site invented.