LA PERLA

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

Gas lease lease 148280District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.7 M
Feb 1994 – May 2026
Value, last 12 filed months
$211 k
at the published price for each month
Months reported
388
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 Gas111994-03-17129960
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
CondensateDisposition9,809 bbl$169,624
GasProduction12,608,952 Mcf$25,486,998
Total$25,656,623

6,138,770 Mcf of this lease's gas, across 35 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 27.2197, -99.4034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21969, -99.40337 · 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
9,800 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 9,800 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-505331351759,800 ftFeb 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 (388)

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

388 months

May 202604,639106.413.05$14,130
Apr 202604,48198.932.87$12,859
Mar 202604,64689.753.15$14,632
Feb 202604,29263.503.75$16,096
Jan 202604,81959.138.00$38,542
Dec 202504,66556.664.41$20,588
Nov 202504,61358.593.93$18,113
Oct 202504,83459.383.30$15,976
Sep 202504,58462.743.08$14,105
Aug 202504,81063.933.01$14,501
Jul 202505,03466.743.32$16,689
Jun 202504,87366.483.13$15,246
May 202505,13860.553.23$16,608
Apr 202504,89162.363.54$17,329
Mar 202504,99367.704.27$21,312
Feb 202504,35870.884.34$18,917
Jan 202504,92874.324.28$21,085
Dec 202404,99768.993.12$15,597
Nov 202404,92969.052.20$10,836
Oct 202405,02971.372.28$11,473
Sep 202404,94169.612.36$11,682
Aug 202405,22875.632.06$10,789
Jul 202405,28179.932.15$11,336
Jun 202405,31178.082.63$13,989
May 202405,30378.812.20$11,658
Apr 202404,69884.451.66$7,795
Mar 202404,60880.301.55$7,120
Feb 202404,73776.091.78$8,449
Jan 202404,96973.023.30$16,386
Dec 202305,02071.262.61$13,106
Nov 202304,90577.892.81$13,771
Oct 202305,16785.443.09$15,952
Sep 202304,98189.042.74$13,623
Aug 202305,35280.522.67$14,305
Jul 202305,21474.852.64$13,774
Jun 202305,11268.962.26$11,545
May 202305,29770.622.23$11,799
Apr 202305,67778.122.24$12,704
Mar 202306,04272.852.39$14,459
Feb 202305,48975.112.47$13,534
Jan 202305,82576.533.39$19,733
Dec 202205,78576.415.73$33,143
Nov 202205,72485.005.65$32,319
Oct 202205,87087.185.86$34,420
Sep 202205,57784.888.16$45,529
Aug 202205,97994.529.13$54,571
Jul 202205,949101.587.54$44,868
Jun 202205,848115.097.98$46,651
May 202205,953109.378.43$50,202
Apr 202205,677104.226.84$38,817
Mar 202205,838108.885.08$29,636
Feb 202205,22891.054.86$25,402
Jan 202206,08581.844.54$27,612
Dec 202106,19271.323.90$24,143
Nov 202105,59877.435.24$29,316
Oct 202105,84779.795.71$33,409
Sep 202105,66969.865.35$30,334
Aug 202105,95566.024.22$25,134
Jul 202106,14770.783.98$24,478
Jun 202105,53969.493.38$18,725
May 202106,18763.483.02$18,670
Apr 202106,03360.362.76$16,642
Mar 202106,07861.302.72$16,514
Feb 202105,52857.805.55$30,669
Jan 202106,10950.412.81$17,168
Dec 202006,04844.642.68$16,181
Nov 202005,79538.772.71$15,685
Oct 202006,18236.972.48$15,322
Sep 202005,96337.091.99$11,873
Aug 202006,31039.982.39$15,050
Jul 202006,37238.371.83$11,630
Jun 202006,43334.901.69$10,874
May 202006,73116.921.81$12,215
Apr 202006,73214.751.80$12,147
Mar 202006,83330.341.86$12,684
Feb 202006,27849.881.98$12,435
Jan 202006,50157.252.09$13,618
Dec 201906,98759.012.30$16,101
Nov 201906,18155.302.75$17,002
Oct 201906,85953.472.42$16,589
Sep 201906,54855.052.66$17,400
Aug 201907,16453.112.30$16,508
Jul 201906,23356.272.46$15,334
Jun 201906,52952.782.49$16,265
May 201907,13458.482.74$19,549
Apr 201907,05262.632.75$19,398
Mar 201907,57956.803.06$23,208
Feb 201906,68750.852.79$18,672
Jan 201907,42546.033.23$23,969
Dec 201807,50046.594.19$31,391
Nov 201807,54552.934.24$31,970
Oct 201808,09361.443.40$27,501
Sep 201807,73759.543.11$24,047
Aug 201807,89059.403.07$24,195
Jul 201807,65065.142.93$22,429
Jun 201806,57460.183.08$20,228
May 201806,99765.382.90$20,297
Apr 201807,44663.842.90$21,599
Mar 201808,09161.222.79$22,548
Feb 201807,38461.782.77$20,425
Jan 201808,17062.874.01$32,756
Dec 201708,30057.272.92$24,249
Nov 201707,59255.423.12$23,675
Oct 201707,81249.292.98$23,309
Sep 201707,12547.523.09$21,997
Aug 201707,33345.373.00$22,031
Jul 201707,93743.873.09$24,504
Jun 201707,66042.493.09$23,649
May 201708,11345.373.26$26,476
Apr 201707,76647.933.21$24,941
Mar 201708,40846.772.98$25,087
Feb 201707,88750.452.95$23,287
Jan 201707,72849.413.42$26,420
Dec 201608,00048.763.72$29,783
Nov 201607,81142.492.64$20,655
Oct 201607,83146.193.09$24,200
Sep 201607,70441.553.10$23,887
Aug 201607,44841.442.92$21,780
Jul 201608,12041.622.92$23,746
Jun 201607,72645.352.69$20,751
May 201608,09142.521.99$16,110
Apr 201607,01336.561.99$13,963
Mar 201607,69533.011.79$13,805
Feb 201608,54926.472.06$17,642
Jan 201608,89927.352.36$21,040
Dec 201508,26932.362.00$16,550
Nov 201508,25938.792.17$17,900
Oct 201509,28343.552.43$22,526
Sep 201508,50742.992.76$23,466
Aug 201508,19240.162.87$23,531
Jul 201507,95748.152.95$23,434
Jun 201508,84156.152.88$25,487
May 201508,81855.212.96$26,061
Apr 201508,27549.822.71$22,397
Mar 201508,87942.892.93$26,057
Feb 201508,34344.662.98$24,830
Jan 201509,31543.433.10$28,882
Dec 201409,31054.693.59$33,436
Nov 201409,31070.464.25$39,585
Oct 201409,44778.303.90$36,852
Sep 201408,80086.164.05$35,600
Aug 201408,86189.394.04$35,755
Jul 201408,84096.564.18$36,948
Jun 201409,73798.164.74$46,123
May 2014010,09794.734.73$47,724
Apr 201408,44095.944.81$40,589
Mar 2014010,32895.895.06$52,227
Feb 201409,54697.406.19$59,109
Jan 201409,72790.404.86$47,280
Dec 201309,82491.824.35$42,778
Nov 2013010,48288.853.74$39,185
Oct 201309,51497.423.78$35,957
Sep 201309,465104.113.72$35,188
Aug 2013011,050104.253.52$38,925
Jul 2013010,659102.523.72$39,627
Jun 2013010,02594.403.93$39,432
May 201309,18994.834.15$38,126
Apr 201308,41493.964.28$36,034
Mar 201309,00593.623.91$35,235
Feb 201309,55091.233.42$32,660
Jan 2013011,04791.603.42$37,780
Dec 2012011,31586.773.42$38,699
Nov 2012010,99186.953.62$39,842
Oct 2012011,49189.383.40$39,066
Sep 2012011,00994.672.92$32,129
Aug 2012010,39792.662.91$30,236
Jul 2012010,84785.133.02$32,767
Jun 201209,88079.822.52$24,888
May 2012011,08691.612.49$27,586
Apr 2012010,570101.652.00$21,106
Mar 2012011,374105.052.22$25,274
Feb 201209,073101.102.57$23,320
Jan 2012010,90598.092.73$29,815
Dec 2011011,88696.873.24$38,508
Nov 201109,67995.723.31$32,050
Oct 2011010,96584.983.65$40,006
Sep 2011010,59183.623.99$42,214
Aug 201108,83683.404.15$36,663
Jul 201108,92994.144.52$40,334
Jun 201109,86392.904.64$45,763
May 2011010,31498.134.40$45,431
Apr 2011010,518105.964.33$45,577
Mar 2011011,00296.364.06$44,639
Feb 2011010,13185.644.18$42,347
Jan 2011011,48986.504.59$52,720
Dec 2010011,27985.734.35$49,038
Nov 2010010,89380.843.80$41,343
Oct 2010011,73278.103.51$41,166
Sep 2010011,72072.633.98$46,639
Aug 20101212,33573.684.42$55,397
Jul 2010012,10172.554.74$57,316
Jun 2010012,16670.364.91$59,740
May 2010012,82671.124.24$54,321
Apr 2010012,81581.694.12$52,832
Mar 201008,17078.394.39$35,855
Feb 2010011,42873.585.44$62,195
Jan 2010012,83474.365.96$76,543
Dec 2009012,79071.445.48$70,137
Nov 2009012,36574.593.75$46,387
Oct 2009012,59372.544.11$51,760
Sep 2009012,30565.543.06$37,712
Aug 2009013,18267.423.22$42,426
Jul 2009013,68561.133.46$47,412
Jun 2009013,49266.163.90$52,551
May 2009012,33654.743.93$48,428
Apr 2009011,67446.773.59$41,880
Mar 2009013,08142.144.06$53,096
Feb 2009011,45132.814.63$53,052
Jan 2009014,10535.865.37$75,758
Dec 2008014,44037.105.98$86,310
Nov 2008014,07455.496.86$96,553
Oct 2008014,14875.246.92$97,932
Sep 2008013,922101.767.88$109,665
Aug 2008014,657114.228.48$124,336
Jul 2008015,698131.0811.39$178,791
Jun 2008015,542131.3313.03$202,553
May 2008016,877123.1711.57$195,339
Apr 2008012,917110.3110.45$135,045
Mar 2008015,796101.909.66$152,654
Feb 2008014,82192.538.77$129,989
Jan 2008015,55390.388.21$127,624
Dec 2007015,84388.337.30$115,685
Nov 2007015,05891.677.29$109,798
Oct 20073015,51182.856.92$109,852
Sep 2007015,49075.846.24$96,722
Aug 2007015,83969.066.39$101,179
Jul 2007015,87470.906.39$101,402
Jun 2007015,93862.007.55$120,307
May 2007018,08158.747.85$141,869
Apr 200709,88959.617.81$77,186
Mar 2007014,52656.927.30$106,068
Feb 2007014,39155.108.22$118,236
Jan 2007016,32550.306.73$109,816
Dec 2006017,17956.656.92$118,852
Nov 2006016,39054.207.62$124,851
Oct 2006014,89454.906.01$89,570
Sep 2006015,99860.085.04$80,585
Aug 2006016,80568.717.34$123,347
Jul 2006017,23269.376.34$109,298
Jun 2006017,67266.286.38$112,816
May 2006016,30966.016.42$104,785
Apr 20064917,14564.397.36$129,351
Mar 2006016,74256.707.08$118,582
Feb 2006015,75357.597.75$122,103
Jan 2006017,99660.598.93$160,764
Dec 2005017,52354.9413.42$235,078
Nov 2005018,66154.6910.59$197,590
Oct 2005018,37458.3413.80$253,483
Sep 2005017,45561.4512.08$210,839
Aug 2005018,11761.519.80$177,489
Jul 2005018,55355.697.84$145,523
Jun 2005018,78252.337.38$138,631
May 2005019,21145.226.65$127,775
Apr 2005019,21649.207.36$141,439
Mar 2005018,30650.377.15$130,977
Feb 20052916,11945.226.31$103,053
Jan 2005019,55443.166.32$123,624
Dec 2004020,50939.866.75$138,458
Nov 2004021,05645.286.33$133,293
Oct 2004018,51949.706.52$120,653
Sep 2004019,39043.245.28$102,455
Aug 2004021,68742.375.55$120,377
Jul 2004021,50838.286.08$130,859
Jun 20047819,43336.106.43$127,829
May 2004022,24537.486.49$144,472
Apr 2004022,95434.475.86$134,475
Mar 2004024,41934.365.53$135,040
Feb 2004024,06832.455.51$132,606
Jan 2004027,16532.036.30$171,130
Dec 2003027,90430.266.30$175,841
Nov 20038810,70628.804.60$51,730
Oct 2003028,05028.174.76$133,508
Sep 2003016,41126.314.75$77,942
Aug 2003022,73329.765.13$116,614
Jul 2003027,15929.415.17$140,435
Jun 2003027,31228.565.98$163,407
May 2003027,89426.595.97$166,602
Apr 2003029,48926.675.41$159,455
Mar 20036333,24231.146.10$204,606
Feb 2003027,15333.487.93$215,211
Jan 2003030,56930.315.58$170,637
Dec 2002037,87526.914.85$183,836
Nov 2002039,49824.664.14$163,402
Oct 2002024,89126.464.23$105,267
Sep 20020027.443.64$0
Aug 20020425.963.16$13
Jul 200203,59324.583.06$11,001
Jun 2002017,18423.733.34$57,364
May 2002017,97024.663.58$64,404
Apr 2002015,63923.653.51$54,929
Mar 2002016,59122.003.10$51,477
Feb 200209,38918.222.38$22,305
Jan 20025011,08417.172.38$27,191
Dec 2001022,94516.932.36$54,251
Nov 2001025,48418.072.41$61,302
Oct 2001024,16519.782.53$61,110
Sep 2001021,13324.262.25$47,577
Aug 2001024,38724.873.05$74,457
Jul 20019627,32423.933.20$89,654
Jun 2001029,70724.563.82$113,604
May 2001031,84925.524.31$137,184
Apr 2001028,14724.685.34$150,173
Mar 2001024,72524.545.38$132,932
Feb 2001028,33527.755.77$163,410
Jan 2001029,09227.478.40$244,337
Dec 200011532,00626.889.12$295,066
Nov 2000034,37932.215.66$194,516
Oct 2000033,45631.235.15$172,148
Sep 2000031,59031.875.19$163,842
Aug 2000034,15429.644.54$155,085
Jul 2000038,61428.534.09$157,922
Jun 2000035,35429.304.40$155,460
May 2000036,60027.263.68$134,679
Apr 2000036,38424.513.12$113,373
Mar 2000233,16628.422.86$94,903
Feb 2000434,15327.622.73$93,229
Jan 2000040,55925.272.48$100,607
Dec 1999045,98724.282.42$111,460
Nov 1999041,95623.192.43$102,120
Oct 1999045,28720.982.80$126,972
Sep 1999045,06621.752.62$118,021
Aug 1999043,01719.262.88$123,700
Jul 199911640,49817.892.37$98,151
Jun 1999046,40815.942.36$109,620
May 1999047,09415.792.32$109,306
Apr 1999053,61115.102.21$118,376
Mar 1999051,85112.471.84$95,319
Feb 1999050,4149.981.82$91,642
Jan 1999055,67610.381.90$105,782
Dec 199817364,6419.201.77$116,221
Nov 1998058,23110.892.19$127,277
Oct 1998073,09412.421.97$143,937
Sep 1998073,50012.592.08$153,073
Aug 1998074,98811.301.91$143,028
Jul 199816872,75611.742.24$164,747
Jun 1998072,62911.242.24$162,491
May 199813468,37512.622.21$152,550
Apr 1998068,73713.042.51$172,209
Mar 199814772,75312.802.31$169,900
Feb 1998067,00913.952.30$154,062
Jan 19989178,33314.702.15$170,129
Dec 1997079,42716.322.41$191,506
Nov 199718078,59418.193.09$245,993
Oct 1997083,65219.253.15$263,489
Sep 19979987,52117.742.95$260,370
Aug 1997093,61517.862.55$239,162
Jul 199714693,19117.582.25$211,961
Jun 1997090,50317.242.26$204,283
May 199715597,33718.972.31$227,643
Apr 1997196,42517.882.08$200,850
Mar 19973102,76318.951.94$199,329
Feb 1997296,56620.492.21$213,056
Jan 19970111,09023.483.54$393,225
Dec 1996163109,66723.32$3,801
Nov 19962112,45521.97$44
Oct 1996167119,68123.31$3,893
Sep 19960119,56022.22$0
Aug 1996151126,07020.26$3,059
Jul 19960131,93919.55$0
Jun 19960131,36118.73$0
May 19961137,24519.43$19
Apr 19960137,06221.51$0
Mar 1996173148,04019.38$3,353
Feb 19961140,91416.98$17
Jan 1996175154,67217.07$2,987
Dec 1995173160,66217.19$2,974
Nov 1995160157,50916.00$2,560
Oct 1995171169,29315.43$2,639
Sep 1995166173,00216.18$2,686
Aug 1995161186,59415.92$2,563
Jul 1995340185,99715.24$5,182
Jun 1995175185,47616.41$2,872
May 1995172191,79917.56$3,020
Apr 1995327195,27317.73$5,798
Mar 1995348216,55916.44$5,721
Feb 1995179194,15116.58$2,968
Jan 1995355220,68015.92$5,652
Dec 1994318230,48415.03$4,780
Nov 1994330234,03415.90$5,247
Oct 1994326243,11815.58$5,079
Sep 1994466232,39615.29$7,125
Aug 1994503246,97716.13$8,113
Jul 1994316215,08917.56$5,549
Jun 1994481215,71417.09$8,220
May 1994498207,82015.88$7,908
Apr 1994484208,90014.14$6,844
Mar 1994334211,30612.46$4,162
Feb 199416287,27112.50$2,025

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                4,639 Mcf  × $  3.05 =    $14,130

────────────────────────────────────────────────────
Month total                                  $14,130

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/148280 is the state's own key, not one this site invented.