FROST NATIONAL BANK

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 147400District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$587 k
Nov 1993 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
391
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 Gas111993-12-23129622
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
CondensateDisposition73 bbl$1,356
GasProduction295,854 Mcf$585,645
Total$587,002

155,730 Mcf of this lease's gas, across 36 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 27.4825, -99.1178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.48255, -99.11783 · 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
11,100 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 11,100 ft.

Completions filed
Nov 1993
1 of 1 wells

1 well

42-479359285011,100 ftNov 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 (391)

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

391 months

May 20260156106.413.05$475
Apr 2026025598.932.87$732
Mar 2026021889.753.15$687
Feb 2026018263.503.75$683
Jan 2026026759.138.00$2,135
Dec 2025026756.664.41$1,178
Nov 2025028658.593.93$1,123
Oct 2025032959.383.30$1,087
Sep 2025029262.743.08$898
Aug 2025035263.933.01$1,061
Jul 2025027866.743.32$922
Jun 2025038266.483.13$1,195
May 2025042060.553.23$1,358
Apr 2025030862.363.54$1,091
Mar 2025056367.704.27$2,403
Feb 2025037370.884.34$1,619
Jan 2025047774.324.28$2,041
Dec 202403468.993.12$106
Nov 20240069.052.20$0
Oct 20240671.372.28$14
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401779.932.15$36
Jun 20240078.082.63$0
May 202404678.812.20$101
Apr 202402384.451.66$38
Mar 202402680.301.55$40
Feb 202401476.091.78$25
Jan 202401873.023.30$59
Dec 202305871.262.61$151
Nov 202307177.892.81$199
Oct 2023011185.443.09$343
Sep 2023034889.042.74$952
Aug 20230080.522.67$0
Jul 202303374.852.64$87
Jun 202301868.962.26$41
May 202301370.622.23$29
Apr 202303278.122.24$72
Mar 202303272.852.39$77
Feb 202302875.112.47$69
Jan 202302976.533.39$98
Dec 202207876.415.73$447
Nov 20220085.005.65$0
Oct 202203887.185.86$223
Sep 202203284.888.16$261
Aug 202202394.529.13$210
Jul 2022044101.587.54$332
Jun 2022042115.097.98$335
May 2022048109.378.43$405
Apr 2022043104.226.84$294
Mar 2022057108.885.08$289
Feb 202203291.054.86$155
Jan 202204181.844.54$186
Dec 202104271.323.90$164
Nov 202104377.435.24$225
Oct 202106379.795.71$360
Sep 202103769.865.35$198
Aug 202105066.024.22$211
Jul 202105870.783.98$231
Jun 202106669.493.38$223
May 2021014763.483.02$444
Apr 2021013960.362.76$383
Mar 202106361.302.72$171
Feb 202105957.805.55$327
Jan 202108550.412.81$239
Dec 202004944.642.68$131
Nov 202007638.772.71$206
Oct 202009336.972.48$230
Sep 2020014737.091.99$293
Aug 202009839.982.39$234
Jul 2020014338.371.83$261
Jun 202008534.901.69$144
May 2020011716.921.81$212
Apr 2020012514.751.80$226
Mar 2020014030.341.86$260
Feb 202005649.881.98$111
Jan 2020010757.252.09$224
Dec 2019011959.012.30$274
Nov 2019011755.302.75$322
Oct 2019016953.472.42$409
Sep 2019019255.052.66$510
Aug 2019018253.112.30$419
Jul 2019020156.272.46$494
Jun 2019021352.782.49$531
May 2019023058.482.74$630
Apr 2019022662.632.75$622
Mar 2019027456.803.06$839
Feb 2019030650.852.79$854
Jan 2019017946.033.23$578
Dec 2018025946.594.19$1,084
Nov 2018028852.934.24$1,220
Oct 2018039461.443.40$1,339
Sep 2018037859.543.11$1,175
Aug 2018036959.403.07$1,132
Jul 2018041665.142.93$1,220
Jun 2018041560.183.08$1,277
May 2018046565.382.90$1,349
Apr 2018046163.842.90$1,337
Mar 2018048861.222.79$1,360
Feb 2018051461.782.77$1,422
Jan 2018051562.874.01$2,065
Dec 2017044157.272.92$1,288
Nov 2017060755.423.12$1,893
Oct 2017040649.292.98$1,211
Sep 201705947.523.09$182
Aug 201706645.373.00$198
Jul 201706843.873.09$210
Jun 201706942.493.09$213
May 201708045.373.26$261
Apr 201707647.933.21$244
Mar 201708046.772.98$239
Feb 201709050.452.95$266
Jan 2017039849.413.42$1,361
Dec 2016046648.763.72$1,735
Nov 2016045042.492.64$1,190
Oct 2016050346.193.09$1,554
Sep 2016024141.553.10$747
Aug 2016026941.442.92$787
Jul 2016025141.622.92$734
Jun 2016026145.352.69$701
May 2016019642.521.99$390
Apr 2016022136.561.99$440
Mar 2016027633.011.79$495
Feb 2016034326.472.06$708
Jan 2016029027.352.36$686
Dec 2015022532.362.00$450
Nov 2015032138.792.17$696
Oct 2015026243.552.43$636
Sep 2015029842.992.76$822
Aug 2015027340.162.87$784
Jul 2015019548.152.95$574
Jun 2015026756.152.88$770
May 2015037055.212.96$1,094
Apr 2015011149.822.71$300
Mar 2015010442.892.93$305
Feb 2015010844.662.98$321
Jan 2015013643.433.10$422
Dec 2014027754.693.59$995
Nov 2014013770.464.25$583
Oct 2014032278.303.90$1,256
Sep 2014038286.164.05$1,545
Aug 201409889.394.04$395
Jul 2014011196.564.18$464
Jun 2014011398.164.74$535
May 2014022094.734.73$1,040
Apr 2014013395.944.81$640
Mar 2014031495.895.06$1,588
Feb 2014031197.406.19$1,926
Jan 201408990.404.86$433
Dec 2013010191.824.35$440
Nov 2013011388.853.74$422
Oct 2013012697.423.78$476
Sep 20130240104.113.72$892
Aug 20130121104.253.52$426
Jul 20130130102.523.72$483
Jun 2013024994.403.93$979
May 2013026994.834.15$1,116
Apr 2013012493.964.28$531
Mar 2013020093.623.91$783
Feb 2013018891.233.42$643
Jan 2013020291.603.42$691
Dec 2012012886.773.42$438
Nov 2012013486.953.62$486
Oct 2012018989.383.40$643
Sep 2012021094.672.92$613
Aug 20120992.662.91$26
Jul 2012024185.133.02$728
Jun 2012032779.822.52$824
May 2012032291.612.49$801
Apr 20120495101.652.00$988
Mar 20120307105.052.22$682
Feb 201200101.102.57$0
Jan 201203698.092.73$98
Dec 2011028596.873.24$923
Nov 2011016795.723.31$553
Oct 2011038484.983.65$1,401
Sep 2011015483.623.99$614
Aug 2011025583.404.15$1,058
Jul 2011032294.144.52$1,455
Jun 2011027592.904.64$1,276
May 2011018798.134.40$824
Apr 20110267105.964.33$1,157
Mar 2011028396.364.06$1,148
Feb 2011017185.644.18$715
Jan 20110086.504.59$0
Dec 2010017085.734.35$739
Nov 2010045980.843.80$1,742
Oct 2010011478.103.51$400
Sep 2010014672.633.98$581
Aug 2010017573.684.42$773
Jul 2010018672.554.74$881
Jun 2010021770.364.91$1,066
May 2010023971.124.24$1,012
Apr 2010031681.694.12$1,303
Mar 2010029678.394.39$1,299
Feb 2010036073.585.44$1,959
Jan 2010026874.365.96$1,598
Dec 2009035571.445.48$1,947
Nov 2009039774.593.75$1,489
Oct 2009033572.544.11$1,377
Sep 2009032765.543.06$1,002
Aug 2009037267.423.22$1,197
Jul 2009026161.133.46$904
Jun 2009030366.163.90$1,180
May 2009034054.743.93$1,335
Apr 2009029346.773.59$1,051
Mar 2009033142.144.06$1,344
Feb 2009029832.814.63$1,381
Jan 2009037335.865.37$2,003
Dec 2008041137.105.98$2,457
Nov 2008033655.496.86$2,305
Oct 2008086375.246.92$5,974
Sep 20080454101.767.88$3,576
Aug 20080478114.228.48$4,055
Jul 20080494131.0811.39$5,626
Jun 20080526131.3313.03$6,855
May 20080511123.1711.57$5,914
Apr 20080532110.3110.45$5,562
Mar 20080466101.909.66$4,503
Feb 2008071292.538.77$6,245
Jan 2008050190.388.21$4,111
Dec 2007057388.337.30$4,184
Nov 2007061991.677.29$4,514
Oct 2007049282.856.92$3,406
Sep 2007043975.846.24$2,741
Aug 2007050569.066.39$3,226
Jul 2007050970.906.39$3,251
Jun 2007039462.007.55$2,974
May 2007030658.747.85$2,401
Apr 2007033159.617.81$2,584
Mar 2007017156.927.30$1,249
Feb 2007024155.108.22$1,980
Jan 2007038950.306.73$2,617
Dec 2006032156.656.92$2,221
Nov 200602054.207.62$152
Oct 2006061354.906.01$3,686
Sep 2006031760.085.04$1,597
Aug 2006034468.717.34$2,525
Jul 2006043169.376.34$2,734
Jun 2006055966.286.38$3,569
May 2006024966.016.42$1,600
Apr 2006031664.397.36$2,326
Mar 2006078956.707.08$5,588
Feb 2006019057.597.75$1,473
Jan 2006039560.598.93$3,529
Dec 2005076754.9413.42$10,290
Nov 2005017054.6910.59$1,800
Oct 2005049058.3413.80$6,760
Sep 2005011761.4512.08$1,413
Aug 2005021461.519.80$2,097
Jul 2005027855.697.84$2,181
Jun 2005034352.337.38$2,532
May 2005029945.226.65$1,989
Apr 2005024349.207.36$1,789
Mar 2005056950.377.15$4,071
Feb 2005048345.226.31$3,049
Jan 2005067943.166.32$4,293
Dec 2004044339.866.75$2,991
Nov 2004053945.286.33$3,412
Oct 2004060049.706.52$3,909
Sep 2004038843.245.28$2,050
Aug 2004057342.375.55$3,181
Jul 2004065038.286.08$3,955
Jun 2004057736.106.43$3,712
May 2004042137.486.49$2,734
Apr 2004041934.475.86$2,455
Mar 2004046834.365.53$2,588
Feb 2004039832.455.51$2,193
Jan 2004034532.036.30$2,173
Dec 2003041130.266.30$2,590
Nov 2003064428.804.60$2,959
Oct 2003055328.174.76$2,632
Sep 2003062326.314.75$2,959
Aug 2003080229.765.13$4,114
Jul 2003088029.415.17$4,550
Jun 2003070728.565.98$4,230
May 200301,14926.595.97$6,863
Apr 2003085326.675.41$4,612
Mar 2003054931.146.10$3,347
Feb 2003034133.487.93$2,703
Jan 2003036830.315.58$2,054
Dec 2002069726.914.85$3,383
Nov 200201,26524.664.14$5,233
Oct 200201,12026.464.23$4,737
Sep 2002082327.443.64$2,992
Aug 2002065125.963.16$2,060
Jul 2002059824.583.06$1,831
Jun 2002084523.733.34$2,821
May 200201,01224.663.58$3,627
Apr 200201,27223.653.51$4,468
Mar 2002042922.003.10$1,331
Feb 2002057218.222.38$1,359
Jan 200201,00317.172.38$2,383
Dec 2001098916.932.36$2,338
Nov 2001067418.072.41$1,621
Oct 2001077419.782.53$1,957
Sep 2001063624.262.25$1,432
Aug 2001036624.873.05$1,117
Jul 2001049823.933.20$1,592
Jun 2001088224.563.82$3,373
May 2001091425.524.31$3,937
Apr 2001044424.685.34$2,369
Mar 2001085324.545.38$4,586
Feb 2001081927.755.77$4,723
Jan 200101,15327.478.40$9,684
Dec 2000035426.889.12$3,229
Nov 2000067432.215.66$3,813
Oct 200001,04831.235.15$5,392
Sep 2000040031.875.19$2,075
Aug 2000046029.644.54$2,089
Jul 200001,01228.534.09$4,139
Jun 2000068929.304.40$3,030
May 20000027.263.68$0
Apr 2000060624.513.12$1,888
Mar 2000042128.422.86$1,204
Feb 2000043427.622.73$1,183
Jan 2000040125.272.48$995
Dec 1999085624.282.42$2,075
Nov 1999036923.192.43$898
Oct 1999082320.982.80$2,307
Sep 1999089621.752.62$2,346
Aug 1999094419.262.88$2,715
Jul 1999099917.892.37$2,370
Jun 1999088815.942.36$2,098
May 1999097715.792.32$2,268
Apr 199901,13515.102.21$2,506
Mar 1999092912.471.84$1,708
Feb 199904749.981.82$862
Jan 1999057510.381.90$1,092
Dec 199806379.201.77$1,130
Nov 1998057310.892.19$1,252
Oct 1998086412.421.97$1,701
Sep 1998091212.592.08$1,899
Aug 199801,26611.301.91$2,415
Jul 199801,02211.742.24$2,286
Jun 199801,31311.242.24$2,938
May 1998096812.622.21$2,136
Apr 199801,19513.042.51$2,994
Mar 199801,19412.802.31$2,757
Feb 199801,13213.952.30$2,603
Jan 199801,15014.702.15$2,478
Dec 199701,18516.322.41$2,857
Nov 199701,07018.193.09$3,304
Oct 199701,13019.253.15$3,559
Sep 199701,28117.742.95$3,785
Aug 199701,52317.862.55$3,891
Jul 199701,41517.582.25$3,179
Jun 199701,48817.242.26$3,359
May 199701,48518.972.31$3,428
Apr 199701,47217.882.08$3,066
Mar 199701,29818.951.94$2,517
Feb 199711,31120.492.21$2,912
Jan 199701,61323.483.54$5,710
Dec 199611,57023.32$23
Nov 199601,56221.97$0
Oct 199611,56823.31$23
Sep 199611,36122.22$22
Aug 199601,72820.26$0
Jul 199611,73719.55$20
Jun 199611,75818.73$19
May 1996451,68619.43$874
Apr 199611,99921.51$22
Mar 199602,06019.38$0
Feb 199602,04916.98$0
Jan 199612,32317.07$17
Dec 199512,35817.19$17
Nov 199502,34416.00$0
Oct 199522,53915.43$31
Sep 199522,60816.18$32
Aug 199512,58615.92$16
Jul 199512,67215.24$15
Jun 199512,74416.41$16
May 199512,92717.56$18
Apr 199513,08717.73$18
Mar 199503,22716.44$0
Feb 199513,22016.58$17
Jan 199513,21915.92$16
Dec 199403,01915.03$0
Nov 199413,29615.90$16
Oct 199403,37715.58$0
Sep 199404,22515.29$0
Aug 199414,91916.13$16
Jul 199405,22917.56$0
Jun 199417,16017.09$17
May 1994111,28415.88$16
Apr 199436,37114.14$42
Mar 19940012.46$0
Feb 19940012.50$0
Jan 199419,29612.66$13
Dec 1993020,60012.33$0
Nov 1993022,02214.49$0

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                  156 Mcf  × $  3.05 =       $475

────────────────────────────────────────────────────
Month total                                     $475

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/147400 is the state's own key, not one this site invented.