MERCURIO MARTINEZ ET AL UNIT

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 148974District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Feb 1994 – May 2026
Value, last 12 filed months
$10 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 Gas112001-08-21144594
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
CondensateDisposition8,150 bbl$163,106
GasProduction2,387,211 Mcf$2,585,191
Total$2,748,296

1,666,576 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 27.2749, -99.4254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27491, -99.42540 · 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
9,200 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 9,200 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-5053314429,200 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 20260206106.413.05$627
Apr 2026021098.932.87$603
Mar 2026021989.753.15$690
Feb 2026020563.503.75$769
Jan 2026023459.138.00$1,872
Dec 2025022356.664.41$984
Nov 2025021258.593.93$832
Oct 2025022259.383.30$734
Sep 2025020962.743.08$643
Aug 2025021663.933.01$651
Jul 2025021766.743.32$719
Jun 2025020466.483.13$638
May 2025020560.553.23$663
Apr 2025023762.363.54$840
Mar 2025022367.704.27$952
Feb 2025022570.884.34$977
Jan 2025026574.324.28$1,134
Dec 2024019668.993.12$612
Nov 2024018869.052.20$413
Oct 2024020971.372.28$477
Sep 2024017269.612.36$407
Aug 2024017975.632.06$369
Jul 2024017879.932.15$382
Jun 2024016678.082.63$437
May 2024020578.812.20$451
Apr 2024018284.451.66$302
Mar 2024021180.301.55$326
Feb 2024021876.091.78$389
Jan 2024023873.023.30$785
Dec 2023024171.262.61$629
Nov 2023025477.892.81$713
Oct 2023022085.443.09$679
Sep 2023019889.042.74$542
Aug 2023022280.522.67$593
Jul 2023020574.852.64$542
Jun 2023022368.962.26$504
May 2023024070.622.23$535
Apr 20231423378.122.24$1,615
Mar 2023024972.852.39$596
Feb 2023021975.112.47$540
Jan 2023023476.533.39$793
Dec 2022022176.415.73$1,266
Nov 2022021685.005.65$1,220
Oct 2022020987.185.86$1,226
Sep 2022020484.888.16$1,665
Aug 2022023794.529.13$2,163
Jul 20220228101.587.54$1,720
Jun 2022091115.097.98$726
May 2022061109.378.43$514
Apr 2022059104.226.84$403
Mar 20220100108.885.08$508
Feb 202208991.054.86$432
Jan 2022011681.844.54$526
Dec 2021011671.323.90$452
Nov 202109877.435.24$513
Oct 202109179.795.71$520
Sep 2021018169.865.35$969
Aug 2021022566.024.22$950
Jul 2021024070.783.98$956
Jun 2021025069.493.38$845
May 2021026463.483.02$797
Apr 2021026860.362.76$739
Mar 2021029061.302.72$788
Feb 2021025057.805.55$1,387
Jan 2021026950.412.81$756
Dec 2020025144.642.68$672
Nov 2020024938.772.71$674
Oct 2020025836.972.48$639
Sep 2020024437.091.99$486
Aug 2020023739.982.39$565
Jul 202002,24438.371.83$4,096
Jun 202001,99734.901.69$3,376
May 202002,58716.921.81$4,695
Apr 202002,36114.751.80$4,260
Mar 202002,59830.341.86$4,822
Feb 202002,42649.881.98$4,805
Jan 202002,81857.252.09$5,903
Dec 201902,67259.012.30$6,157
Nov 201902,12355.302.75$5,840
Oct 201903,09053.472.42$7,473
Sep 201992,89455.052.66$8,186
Aug 201902,34653.112.30$5,406
Jul 201901,50756.272.46$3,707
Jun 2019081852.782.49$2,038
May 2019083358.482.74$2,283
Apr 2019079962.632.75$2,198
Mar 2019092156.803.06$2,820
Feb 2019087750.852.79$2,449
Jan 2019094046.033.23$3,034
Dec 2018097246.594.19$4,068
Nov 201801,04652.934.24$4,432
Oct 2018094561.443.40$3,211
Sep 20181499759.543.11$3,932
Aug 201801,02959.403.07$3,155
Jul 201801,06665.142.93$3,125
Jun 2018089960.183.08$2,766
May 2018097465.382.90$2,825
Apr 201801,06163.842.90$3,078
Mar 201801,01561.222.79$2,829
Feb 2018094261.782.77$2,606
Jan 2018098462.874.01$3,945
Dec 2017089057.272.92$2,600
Nov 2017097855.423.12$3,050
Oct 201701,01149.292.98$3,017
Sep 2017097747.523.09$3,016
Aug 201701,01145.373.00$3,037
Jul 2017063143.873.09$1,948
Jun 2017084342.493.09$2,603
May 2017091145.373.26$2,973
Apr 2017081447.933.21$2,614
Mar 2017086446.772.98$2,578
Feb 2017067450.452.95$1,990
Jan 2017069249.413.42$2,366
Dec 2016084348.763.72$3,138
Nov 2016089342.492.64$2,361
Oct 2016088246.193.09$2,726
Sep 2016073541.553.10$2,279
Aug 2016071141.442.92$2,079
Jul 2016080041.622.92$2,339
Jun 2016075045.352.69$2,014
May 2016077942.521.99$1,551
Apr 2016174936.561.99$1,528
Mar 2016085233.011.79$1,529
Feb 2016072526.472.06$1,496
Jan 2016089727.352.36$2,121
Dec 2015077132.362.00$1,543
Nov 2015072738.792.17$1,576
Oct 2015073843.552.43$1,791
Sep 2015065542.992.76$1,807
Aug 2015072240.162.87$2,074
Jul 2015070448.152.95$2,073
Jun 2015086956.152.88$2,505
May 2015069355.212.96$2,048
Apr 2015072149.822.71$1,951
Mar 2015099342.892.93$2,914
Feb 201501,05044.662.98$3,125
Jan 201501,11143.433.10$3,445
Dec 2014083454.693.59$2,995
Nov 2014222570.464.25$1,656
Oct 201406378.303.90$246
Sep 20144311486.164.05$4,166
Aug 2014037689.394.04$1,517
Jul 2014070496.564.18$2,942
Jun 2014099398.164.74$4,704
May 2014090494.734.73$4,273
Apr 201401,01495.944.81$4,876
Mar 201401,11995.895.06$5,659
Feb 2014092197.406.19$5,703
Jan 201401,10890.404.86$5,386
Dec 201301,01091.824.35$4,398
Nov 201301,04588.853.74$3,907
Oct 201301,00397.423.78$3,791
Sep 20130982104.113.72$3,651
Aug 201301,011104.253.52$3,561
Jul 20131655102.523.72$2,538
Jun 2013052094.403.93$2,045
May 2013049994.834.15$2,070
Apr 2013055593.964.28$2,377
Mar 2013047193.623.91$1,843
Feb 2013049391.233.42$1,686
Jan 2013053991.603.42$1,843
Dec 2012056086.773.42$1,915
Nov 2012054086.953.62$1,957
Oct 2012054789.383.40$1,860
Sep 2012058194.672.92$1,696
Aug 2012055392.662.91$1,608
Jul 2012053685.133.02$1,619
Jun 2012054879.822.52$1,380
May 2012055891.612.49$1,388
Apr 20120627101.652.00$1,252
Mar 20122567105.052.22$1,470
Feb 20120559101.102.57$1,437
Jan 2012060598.092.73$1,654
Dec 2011057296.873.24$1,853
Nov 2011155595.723.31$1,933
Oct 2011061984.983.65$2,258
Sep 2011056483.623.99$2,248
Aug 2011164483.404.15$2,756
Jul 2011161794.144.52$2,881
Jun 2011066292.904.64$3,072
May 2011162098.134.40$2,829
Apr 20110661105.964.33$2,864
Mar 2011170796.364.06$2,965
Feb 2011055585.644.18$2,320
Jan 2011664786.504.59$3,488
Dec 2010073885.734.35$3,209
Nov 2010277580.843.80$3,103
Oct 2010175478.103.51$2,724
Sep 2010071072.633.98$2,825
Aug 2010078273.684.42$3,456
Jul 2010098272.554.74$4,651
Jun 2010175670.364.91$3,783
May 2010181071.124.24$3,502
Apr 2010154381.694.12$2,320
Mar 2010185178.394.39$3,813
Feb 2010158973.585.44$3,279
Jan 2010279574.365.96$4,890
Dec 2009173971.445.48$4,124
Nov 2009071174.593.75$2,667
Oct 2009078472.544.11$3,222
Sep 2009077065.543.06$2,360
Aug 2009080667.423.22$2,594
Jul 2009083561.133.46$2,893
Jun 2009074066.163.90$2,882
May 2009086254.743.93$3,384
Apr 2009085046.773.59$3,049
Mar 2009090142.144.06$3,657
Feb 2009073832.814.63$3,419
Jan 2009086335.865.37$4,635
Dec 2008091037.105.98$5,439
Nov 2008090055.496.86$6,174
Oct 2008095775.246.92$6,624
Sep 20080946101.767.88$7,452
Aug 200801,018114.228.48$8,636
Jul 20080888131.0811.39$10,114
Jun 20080884131.3313.03$11,521
May 20080927123.1711.57$10,729
Apr 20080920110.3110.45$9,618
Mar 20080989101.909.66$9,558
Feb 200801,07892.538.77$9,455
Jan 200821,07090.388.21$8,961
Dec 200711,09288.337.30$8,062
Nov 200701,03991.677.29$7,576
Oct 200701,08682.856.92$7,517
Sep 200701,09975.846.24$6,862
Aug 200701,19469.066.39$7,627
Jul 200701,29170.906.39$8,247
Jun 200701,31962.007.55$9,956
May 200701,11158.747.85$8,717
Apr 200701,28759.617.81$10,045
Mar 200701,28356.927.30$9,368
Feb 200701,04055.108.22$8,545
Jan 200701,45550.306.73$9,788
Dec 200601,21556.656.92$8,406
Nov 200601,13554.207.62$8,646
Oct 200601,30654.906.01$7,854
Sep 200601,48060.085.04$7,455
Aug 200621,28468.717.34$9,562
Jul 200601,25569.376.34$7,960
Jun 200601,26966.286.38$8,101
May 20064019066.016.42$3,861
Apr 200674064.397.36$4,765
Mar 2006043356.707.08$3,067
Feb 2006421,17457.597.75$11,519
Jan 200601,16560.598.93$10,407
Dec 2005131,22454.9413.42$17,135
Nov 200521,36254.6910.59$14,531
Oct 200501,35758.3413.80$18,721
Sep 200501,42861.4512.08$17,249
Aug 200501,58161.519.80$15,489
Jul 200501,46055.697.84$11,452
Jun 200501,59752.337.38$11,788
May 200501,66445.226.65$11,068
Apr 200501,62549.207.36$11,961
Mar 200501,77050.377.15$12,664
Feb 200501,53845.226.31$9,708
Jan 200501,42443.166.32$9,003
Dec 200401,61339.866.75$10,889
Nov 200401,81245.286.33$11,471
Oct 200401,72249.706.52$11,219
Sep 200401,77743.245.28$9,389
Aug 200402,59742.375.55$14,415
Jul 200402,62538.286.08$15,971
Jun 200402,71236.106.43$17,446
May 200401,86537.486.49$12,112
Apr 200401,58634.475.86$9,292
Mar 200402,07534.365.53$11,475
Feb 200401,28032.455.51$7,052
Jan 200402,25332.036.30$14,193
Dec 200302,28130.266.30$14,374
Nov 200302,24028.804.60$10,293
Oct 200302,26728.174.76$10,790
Sep 200302,93126.314.75$13,920
Aug 200302,77429.765.13$14,230
Jul 200302,50129.415.17$12,932
Jun 200342,51928.565.98$15,185
May 200302,68426.595.97$16,031
Apr 200302,66926.675.41$14,432
Mar 200303,05031.146.10$18,593
Feb 200372,19933.487.93$17,663
Jan 200302,67230.315.58$14,915
Dec 200202,11726.914.85$10,275
Nov 200202,60924.664.14$10,793
Oct 200202,75426.464.23$11,647
Sep 200202,95927.443.64$10,757
Aug 200202,45925.963.16$7,781
Jul 2002143,42024.583.06$10,815
Jun 200203,32023.733.34$11,083
May 200202,30724.663.58$8,268
Apr 2002292,85723.653.51$10,721
Mar 200202,90122.003.10$9,001
Feb 200202,64218.222.38$6,277
Jan 2002852,84117.172.38$8,209
Dec 2001823,04716.932.36$8,593
Nov 200103,04318.072.41$7,320
Oct 200103,23519.782.53$8,181
Sep 200103,23424.262.25$7,281
Aug 2001873,49624.873.05$12,838
Jul 200103,62323.933.20$11,583
Jun 200103,52824.563.82$13,492
May 2001893,69025.524.31$18,165
Apr 200103,65824.685.34$19,517
Mar 200104,02824.545.38$21,656
Feb 200103,74527.755.77$21,598
Jan 2001843,83627.478.40$34,525
Dec 200004,51626.889.12$41,197
Nov 200004,55432.215.66$25,767
Oct 200006,56831.235.15$33,796
Sep 2000894,67631.875.19$27,089
Aug 200005,76129.644.54$26,159
Jul 2000785,91728.534.09$26,424
Jun 2000836,45529.304.40$30,816
May 200006,88827.263.68$25,346
Apr 2000726,92124.513.12$23,331
Mar 200007,12328.422.86$20,370
Feb 2000604,87527.622.73$14,949
Jan 2000593,14525.272.48$9,292
Dec 199903,51424.282.42$8,517
Nov 1999583,40823.192.43$9,640
Oct 1999593,79220.982.80$11,869
Sep 199904,04821.752.62$10,601
Aug 1999574,31019.262.88$13,492
Jul 199904,19817.892.37$9,959
Jun 199904,44315.942.36$10,495
May 1999524,70215.792.32$11,735
Apr 1999894,19615.102.21$10,609
Mar 199904,17312.471.84$7,671
Feb 1999213,8679.981.82$7,239
Jan 1999214,25710.381.90$8,306
Dec 199806,5599.201.77$11,631
Nov 1998398,27710.892.19$18,516
Oct 199808,73912.421.97$17,209
Sep 1998349,37412.592.08$19,951
Aug 1998365,49811.301.91$10,893
Jul 1998728,16811.742.24$19,119
Jun 199808,32811.242.24$18,632
May 19983610,70712.622.21$24,078
Apr 19983710,57313.042.51$26,971
Mar 19987211,24412.802.31$26,889
Feb 19983710,52313.952.30$24,710
Jan 19986312,61314.702.15$28,104
Dec 19977312,95916.322.41$32,437
Nov 19974511,97118.193.09$37,788
Oct 19978911,69319.253.15$38,544
Sep 19974912,06517.742.95$36,520
Aug 19975111,79317.862.55$31,039
Jul 199711315,37817.582.25$36,540
Jun 19975813,16117.242.26$30,707
May 19976014,80718.972.31$35,320
Apr 19976313,10617.882.08$28,423
Mar 199711813,63918.951.94$28,684
Feb 19975617,16720.492.21$39,016
Jan 19976117,49723.483.54$63,366
Dec 199611713,16023.32$2,728
Nov 199612718,68921.97$2,790
Oct 199612920,15023.31$3,007
Sep 19966419,94222.22$1,422
Aug 19966427,01720.26$1,297
Jul 199612426,04619.55$2,424
Jun 19965816,44418.73$1,086
May 199617132,34919.43$3,323
Apr 199626531,57121.51$5,700
Mar 199625332,85619.38$4,903
Feb 199614235,28716.98$2,411
Jan 199613137,83717.07$2,236
Dec 199512746,91117.19$2,183
Nov 199513842,44216.00$2,208
Oct 19959331,74615.43$1,435
Sep 19959135,48316.18$1,472
Aug 199513739,59115.92$2,181
Jul 199518544,85615.24$2,819
Jun 19959251,98316.41$1,510
May 19959775,43517.56$1,703
Apr 199511347,66617.73$2,003
Mar 199536953,73216.44$6,066
Feb 199519251,65116.58$3,183
Jan 199523663,90115.92$3,757
Dec 199416267,81615.03$2,435
Nov 199414464,32615.90$2,290
Oct 199414470,58515.58$2,244
Sep 199422073,61315.29$3,364
Aug 199414181,10816.13$2,274
Jul 199420888,51417.56$3,652
Jun 199414475,60017.09$2,461
May 199425576,45215.88$4,049
Apr 199419379,41914.14$2,729
Mar 199417983,03712.46$2,230
Feb 199409,36112.50$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                  206 Mcf  × $  3.05 =       $627

────────────────────────────────────────────────────
Month total                                     $627

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/148974 is the state's own key, not one this site invented.