CARR

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 148143District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jan 1994 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
389
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 Gas111994-03-09129925
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
CondensateDisposition33,206 bbl$587,044
GasProduction5,590,599 Mcf$6,383,107
Total$6,970,151

4,023,823 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 27.6992, -99.0762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69923, -99.07620 · 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
9,688 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 9,688 ft.

Completions filed
Jan 1994
1 of 1 wells

1 well

42-47935940889,688 ftJan 1994

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 (389)

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

389 months

May 202602,461106.413.05$7,496
Apr 202601,85698.932.87$5,326
Mar 202601,65189.753.15$5,200
Feb 2026070963.503.75$2,659
Jan 202602,01959.138.00$16,148
Dec 202502,17656.664.41$9,603
Nov 202502,20558.593.93$8,658
Oct 202501,91059.383.30$6,312
Sep 20251802,17762.743.08$17,992
Aug 202502,36063.933.01$7,115
Jul 202502,38166.743.32$7,893
Jun 202502,27866.483.13$7,127
May 202502,39660.553.23$7,745
Apr 202502,26762.363.54$8,032
Mar 202502,41567.704.27$10,308
Feb 202502,20570.884.34$9,572
Jan 202502,40774.324.28$10,299
Dec 202402,17568.993.12$6,789
Nov 202402,57969.052.20$5,670
Oct 202402,92771.372.28$6,678
Sep 202402,05569.612.36$4,859
Aug 202401,74575.632.06$3,601
Jul 202402,07079.932.15$4,443
Jun 202402,46078.082.63$6,480
May 202402,84678.812.20$6,257
Apr 202402,93484.451.66$4,868
Mar 202403,11980.301.55$4,819
Feb 202402,79676.091.78$4,987
Jan 202403,22673.023.30$10,638
Dec 202303,58971.262.61$9,370
Nov 202302,89877.892.81$8,136
Oct 202302,54685.443.09$7,860
Sep 202301,44389.042.74$3,947
Aug 202302,67980.522.67$7,161
Jul 202303,04974.852.64$8,055
Jun 202302,85768.962.26$6,452
May 2023076270.622.23$1,697
Apr 202302,00378.122.24$4,482
Mar 202303,33972.852.39$7,991
Feb 202302,42475.112.47$5,977
Jan 202302,20576.533.39$7,470
Dec 202203,33876.415.73$19,124
Nov 202203,78185.005.65$21,348
Oct 202203,97687.185.86$23,314
Sep 202202,78684.888.16$22,744
Aug 202202,89594.529.13$26,423
Jul 202202,655101.587.54$20,024
Jun 202203,435115.097.98$27,402
May 202203,692109.378.43$31,135
Apr 202203,908104.226.84$26,721
Mar 202203,623108.885.08$18,392
Feb 202203,37991.054.86$16,418
Jan 202204,41681.844.54$20,038
Dec 202104,96971.323.90$19,375
Nov 202101,33477.435.24$6,986
Oct 2021019779.795.71$1,126
Sep 2021014069.865.35$749
Aug 2021013866.024.22$582
Jul 2021016270.783.98$645
Jun 2021019269.493.38$649
May 2021021563.483.02$649
Apr 2021020160.362.76$554
Mar 2021019561.302.72$530
Feb 2021019557.805.55$1,082
Jan 2021019950.412.81$559
Dec 2020022344.642.68$597
Nov 2020018838.772.71$509
Oct 2020022136.972.48$548
Sep 2020014037.091.99$279
Aug 2020020739.982.39$494
Jul 2020021138.371.83$385
Jun 2020020934.901.69$353
May 2020023516.921.81$426
Apr 2020019714.751.80$355
Mar 2020017330.341.86$321
Feb 20200549.881.98$10
Jan 20200457.252.09$8
Dec 2019012659.012.30$290
Nov 2019021755.302.75$597
Oct 2019025153.472.42$607
Sep 2019024955.052.66$662
Aug 2019022453.112.30$516
Jul 2019023256.272.46$571
Jun 2019021952.782.49$546
May 2019025658.482.74$702
Apr 2019024562.632.75$674
Mar 2019022856.803.06$698
Feb 2019018950.852.79$528
Jan 2019031446.033.23$1,014
Dec 2018027446.594.19$1,147
Nov 2018033652.934.24$1,424
Oct 2018039161.443.40$1,329
Sep 2018015859.543.11$491
Aug 2018020159.403.07$616
Jul 2018016965.142.93$495
Jun 2018028360.183.08$871
May 2018041965.382.90$1,215
Apr 2018025063.842.90$725
Mar 2018031861.222.79$886
Feb 2018035461.782.77$979
Jan 2018036362.874.01$1,455
Dec 2017034057.272.92$993
Nov 2017049155.423.12$1,531
Oct 2017012049.292.98$358
Sep 2017015847.523.09$488
Aug 2017023345.373.00$700
Jul 2017017243.873.09$531
Jun 2017023642.493.09$729
May 2017020145.373.26$656
Apr 2017056347.933.21$1,808
Mar 2017035146.772.98$1,047
Feb 2017031250.452.95$921
Jan 2017027749.413.42$947
Dec 2016037048.763.72$1,377
Nov 2016042742.492.64$1,129
Oct 2016038246.193.09$1,180
Sep 2016060041.553.10$1,860
Aug 2016043041.442.92$1,257
Jul 2016037541.622.92$1,097
Jun 2016044845.352.69$1,203
May 2016047142.521.99$938
Apr 201601,88236.561.99$3,747
Mar 2016891,04733.011.79$4,816
Feb 201601,19726.472.06$2,470
Jan 20169288827.352.36$4,616
Dec 201503,20932.362.00$6,423
Nov 201503,29938.792.17$7,150
Oct 201503,20443.552.43$7,775
Sep 201503,28442.992.76$9,059
Aug 201503,25740.162.87$9,356
Jul 201502,47048.152.95$7,274
Jun 201502,48256.152.88$7,155
May 201503,79355.212.96$11,210
Apr 201503,37249.822.71$9,127
Mar 201503,93942.892.93$11,560
Feb 201503,02044.662.98$8,988
Jan 201502,77543.433.10$8,604
Dec 201403,10854.693.59$11,162
Nov 201402,86570.464.25$12,182
Oct 201402,70178.303.90$10,536
Sep 2014093786.164.05$3,791
Aug 20141022,88389.394.04$20,751
Jul 201401,25696.564.18$5,250
Jun 20140998.164.74$43
May 201401,74594.734.73$8,248
Apr 201402,79395.944.81$13,432
Mar 201403,66995.895.06$18,553
Feb 201402,56497.406.19$15,876
Jan 2014062590.404.86$3,038
Dec 2013057791.824.35$2,513
Nov 201302,35388.853.74$8,796
Oct 201303,51597.423.78$13,284
Sep 201302,801104.113.72$10,413
Aug 20130205104.253.52$722
Jul 20130365102.523.72$1,357
Jun 2013039594.403.93$1,554
May 2013051494.834.15$2,133
Apr 201305,11993.964.28$21,923
Mar 2013022693.623.91$884
Feb 2013022791.233.42$776
Jan 20130091.603.42$0
Dec 20120486.773.42$14
Nov 2012014086.953.62$507
Oct 2012051589.383.40$1,751
Sep 201203,14694.672.92$9,181
Aug 201203,53392.662.91$10,275
Jul 201201,17685.133.02$3,552
Jun 201204,73179.822.52$11,918
May 2012067791.612.49$1,685
Apr 201203,811101.652.00$7,610
Mar 2012763,418105.052.22$15,579
Feb 201201,372101.102.57$3,526
Jan 201202,99898.092.73$8,197
Dec 201104,48096.873.24$14,514
Nov 201103,88295.723.31$12,854
Oct 201105,16784.983.65$18,852
Sep 201103,92483.623.99$15,640
Aug 201104,78183.404.15$19,838
Jul 2011874,27194.144.52$27,483
Jun 201105,91392.904.64$27,436
May 201104,89698.134.40$21,566
Apr 201105,574105.964.33$24,154
Mar 201101,97596.364.06$8,013
Feb 2011075785.644.18$3,164
Jan 201101,76786.504.59$8,108
Dec 201004,53585.734.35$19,717
Nov 201003,21780.843.80$12,210
Oct 20101345,24378.103.51$28,863
Sep 201004,59372.633.98$18,278
Aug 201002,11073.684.42$9,325
Jul 201006,37472.554.74$30,190
Jun 201004,20370.364.91$20,638
May 201002,03171.124.24$8,602
Apr 201006,10081.694.12$25,148
Mar 201006,44078.394.39$28,263
Feb 201006,35073.585.44$34,559
Jan 201005,53474.365.96$33,005
Dec 20091026,29471.445.48$41,802
Nov 200907,19574.593.75$26,992
Oct 200906,44672.544.11$26,495
Sep 200904,05065.543.06$12,412
Aug 200906,30667.423.22$20,296
Jul 200908,01061.133.46$27,751
Jun 200905,17166.163.90$20,141
May 20091139,15754.743.93$42,134
Apr 2009010,62346.773.59$38,110
Mar 2009011,04042.144.06$44,811
Feb 2009010,90832.814.63$50,537
Jan 2009012,74235.865.37$68,437
Dec 200803,44837.105.98$20,609
Nov 2008089655.496.86$6,147
Oct 200804,58075.246.92$31,703
Sep 200801,363101.767.88$10,736
Aug 200803,482114.228.48$29,538
Jul 200809,248131.0811.39$105,329
Jun 200807,606131.3313.03$99,126
May 200803,898123.1711.57$45,117
Apr 200803,776110.3110.45$39,478
Mar 200802,240101.909.66$21,648
Feb 20080092.538.77$0
Jan 2008661,79190.388.21$20,662
Dec 200703,28188.337.30$23,958
Nov 200703,52491.677.29$25,696
Oct 200704,22882.856.92$29,266
Sep 200705,00475.846.24$31,246
Aug 200705,75069.066.39$36,731
Jul 200705,85270.906.39$37,382
Jun 200706,28162.007.55$47,412
May 200706,92458.747.85$54,328
Apr 200706,44659.617.81$50,312
Mar 200704,40956.927.30$32,194
Feb 2007034655.108.22$2,843
Jan 200704550.306.73$303
Dec 2006056656.656.92$3,916
Nov 2006019954.207.62$1,516
Oct 2006059454.906.01$3,572
Sep 2006080960.085.04$4,075
Aug 200607,22068.717.34$52,994
Jul 2006015569.376.34$983
Jun 200602,03166.286.38$12,966
May 200602,31966.016.42$14,900
Apr 200604,46964.397.36$32,894
Mar 200606,88456.707.08$48,759
Feb 200603,60957.597.75$27,974
Jan 200603,54860.598.93$31,695
Dec 200506,42854.9413.42$86,234
Nov 200506,36454.6910.59$67,385
Oct 200509,87458.3413.80$136,219
Sep 200507,26361.4512.08$87,730
Aug 2005817,11161.519.80$74,648
Jul 2005013455.697.84$1,051
Jun 2005056452.337.38$4,163
May 200501,53045.226.65$10,176
Apr 200502,75349.207.36$20,263
Mar 200504,10850.377.15$29,392
Feb 2005010,24045.226.31$64,634
Jan 200504,12543.166.32$26,079
Dec 2004011,47439.866.75$77,462
Nov 200408,03145.286.33$50,840
Oct 2004421,77849.706.52$13,671
Sep 200402,97143.245.28$15,698
Aug 200401,54042.375.55$8,548
Jul 200405,23538.286.08$31,851
Jun 200403,49836.106.43$22,503
May 200401,06937.486.49$6,943
Apr 200406,84534.475.86$40,101
Mar 20044914,20734.365.53$80,250
Feb 200405,96732.455.51$32,876
Jan 200401,26332.036.30$7,956
Dec 2003031430.266.30$1,979
Nov 2003641,50528.804.60$8,759
Oct 200306,23528.174.76$29,676
Sep 2003012,18626.314.75$57,876
Aug 200302,42529.765.13$12,440
Jul 2003736,01529.415.17$33,250
Jun 2003010,45828.565.98$62,570
May 200307,35126.595.97$43,905
Apr 200309,40626.675.41$50,861
Mar 2003607,27431.146.10$46,211
Feb 200305,52233.487.93$43,767
Jan 200301,49930.315.58$8,367
Dec 2002895,69626.914.85$30,042
Nov 200201,54924.664.14$6,408
Oct 200201,93926.464.23$8,200
Sep 200202,70627.443.64$9,837
Aug 200203,76125.963.16$11,900
Jul 200207,46524.583.06$22,856
Jun 200202,21023.733.34$7,378
May 2002010,14324.663.58$36,353
Apr 200207,48723.653.51$26,297
Mar 2002797,71022.003.10$25,660
Feb 2002011,14418.222.38$26,475
Jan 20021048,78517.172.38$22,656
Dec 200108,66416.932.36$20,485
Nov 2001010,91718.072.41$26,261
Oct 20016814,11619.782.53$37,043
Sep 2001015,67824.262.25$35,296
Aug 20019312,54124.873.05$40,603
Jul 200102,74223.933.20$8,766
Jun 2001037724.563.82$1,442
May 2001075525.524.31$3,252
Apr 2001047824.685.34$2,550
Mar 2001076424.545.38$4,108
Feb 2001059327.755.77$3,420
Jan 2001072727.478.40$6,106
Dec 200005,26026.889.12$47,984
Nov 2000547,53332.215.66$44,361
Oct 200002,51431.235.15$12,936
Sep 2000013,86931.875.19$71,932
Aug 200004,35629.644.54$19,780
Jul 20005014,21128.534.09$59,546
Jun 20005910,33129.304.40$47,157
May 200003,36727.263.68$12,390
Apr 200003,36124.513.12$10,473
Mar 200002,41928.422.86$6,918
Feb 200003,94627.622.73$10,759
Jan 200013612,15625.272.48$33,590
Dec 199909,72024.282.42$23,559
Nov 1999015,22123.192.43$37,048
Oct 199913110,40220.982.80$31,913
Sep 1999010,43221.752.62$27,320
Aug 1999012,35919.262.88$35,540
Jul 199907,58117.892.37$17,985
Jun 199911913,79815.942.36$34,489
May 1999017,75615.792.32$41,212
Apr 199912818,33015.102.21$42,406
Mar 1999015,29512.471.84$28,117
Feb 199902,6739.981.82$4,859
Jan 199901,72310.381.90$3,274
Dec 199801,5489.201.77$2,745
Nov 199801,71910.892.19$3,757
Oct 199831,97912.421.97$3,934
Sep 199803,55912.592.08$7,412
Aug 199814213,37411.301.91$27,114
Jul 1998015,25811.742.24$34,136
Jun 1998011,34911.242.24$25,391
May 19989216,26212.622.21$37,041
Apr 1998016,47113.042.51$41,265
Mar 199813718,24212.802.31$43,882
Feb 1998018,62313.952.30$42,817
Jan 19989516,17614.702.15$36,252
Dec 1997014,92816.322.41$35,993
Nov 199713619,41118.193.09$62,420
Oct 1997021,08419.253.15$66,411
Sep 1997019,69017.742.95$58,182
Aug 199712724,45717.862.55$64,750
Jul 1997027,69317.582.25$62,225
Jun 199713625,61317.242.26$60,158
May 1997421,87518.972.31$50,574
Apr 199713121,20317.882.08$46,503
Mar 199711428,14518.951.94$56,737
Feb 199715925,47820.492.21$59,460
Jan 1997529,69023.483.54$105,211
Dec 1996333,98423.32$70
Nov 199611336,58421.97$2,483
Oct 199612039,71523.31$2,797
Sep 1996439,97122.22$89
Aug 199615742,13820.26$3,181
Jul 1996143,94119.55$20
Jun 199615147,84018.73$2,828
May 199616752,50519.43$3,245
Apr 19962353,76821.51$495
Mar 199616252,64219.38$3,140
Feb 199631154,86016.98$5,281
Jan 199616566,69817.07$2,817
Dec 199517672,49217.19$3,025
Nov 199536272,51216.00$5,792
Oct 199534681,29515.43$5,339
Sep 199517484,35016.18$2,815
Aug 199553395,07215.92$8,485
Jul 1995354103,25715.24$5,395
Jun 1995516110,43316.41$8,468
May 1995528111,79117.56$9,272
Apr 1995712117,12117.73$12,624
Mar 1995693132,99416.44$11,393
Feb 1995883121,06116.58$14,640
Jan 1995915137,40515.92$14,567
Dec 19941,097152,54715.03$16,488
Nov 19941,251161,45115.90$19,891
Oct 19941,594182,29715.58$24,835
Sep 19941,575199,31515.29$24,082
Aug 19941,917212,83416.13$30,921
Jul 19941,951182,55817.56$34,260
Jun 19942,133182,76617.09$36,453
May 19942,115202,73315.88$33,586
Apr 19942,119196,46314.14$29,963
Mar 19942,157189,95912.46$26,876
Feb 19941,985169,13012.50$24,813
Jan 19941,942187,34112.66$24,586

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                2,461 Mcf  × $  3.05 =     $7,496

────────────────────────────────────────────────────
Month total                                   $7,496

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/148143 is the state's own key, not one this site invented.