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 149230District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$608 k
Apr 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
386
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 Gas111994-06-07130187
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
CondensateDisposition4,997 bbl$116,646
GasProduction297,013 Mcf$491,854
Total$608,500

181,731 Mcf of this lease's gas, across 33 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 27.4781, -99.1265. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47812, -99.12655 · 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
10,900 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 10,900 ft.

Completions filed
Apr 1994
1 of 1 wells

1 well

42-479359845110,900 ftApr 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 (386)

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

386 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009018972.544.11$777
Sep 20090065.543.06$0
Aug 20090267.423.22$6
Jul 20090361.133.46$10
Jun 200901366.163.90$51
May 200901454.743.93$55
Apr 20090246.773.59$7
Mar 200901942.144.06$77
Feb 200901,35032.814.63$6,255
Jan 200905235.865.37$279
Dec 2008010137.105.98$604
Nov 2008022955.496.86$1,571
Oct 2008019175.246.92$1,322
Sep 20080311101.767.88$2,450
Aug 20080376114.228.48$3,190
Jul 20080338131.0811.39$3,850
Jun 20080574131.3313.03$7,481
May 20080531123.1711.57$6,146
Apr 20080953110.3110.45$9,963
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008449490.388.21$4,748
Dec 2007031888.337.30$2,322
Nov 2007068291.677.29$4,973
Oct 20078063282.856.92$11,003
Sep 2007052275.846.24$3,259
Aug 2007032269.066.39$2,057
Jul 2007082070.906.39$5,238
Jun 2007075662.007.55$5,707
May 20075648058.747.85$7,056
Apr 200702459.617.81$187
Mar 2007035056.927.30$2,556
Feb 2007041555.108.22$3,410
Jan 2007039650.306.73$2,664
Dec 2006036856.656.92$2,546
Nov 20066028854.207.62$5,446
Oct 2006040054.906.01$2,406
Sep 2006024260.085.04$1,219
Aug 2006026568.717.34$1,945
Jul 20068720869.376.34$7,354
Jun 2006028666.286.38$1,826
May 200605566.016.42$353
Apr 2006056264.397.36$4,137
Mar 2006047056.707.08$3,329
Feb 2006036757.597.75$2,845
Jan 2006041260.598.93$3,681
Dec 20056854254.9413.42$11,007
Nov 2005045854.6910.59$4,849
Oct 2005081358.3413.80$11,216
Sep 2005073261.4512.08$8,842
Aug 2005037561.519.80$3,674
Jul 20057845955.697.84$7,944
Jun 2005030552.337.38$2,251
May 2005015945.226.65$1,058
Apr 2005016249.207.36$1,192
Mar 2005039150.377.15$2,798
Feb 20055253245.226.31$5,709
Jan 2005058943.166.32$3,724
Dec 2004036939.866.75$2,491
Nov 2004412245.286.33$1,996
Oct 2004022149.706.52$1,440
Sep 2004039943.245.28$2,108
Aug 20045034542.375.55$4,033
Jul 2004035438.286.08$2,154
Jun 2004040836.106.43$2,625
May 20044138237.486.49$4,018
Apr 2004049534.475.86$2,900
Mar 200401,26334.365.53$6,985
Feb 2004074732.455.51$4,116
Jan 20047776532.036.30$7,286
Dec 2003046630.266.30$2,937
Nov 200301,03128.804.60$4,738
Oct 2003070128.174.76$3,337
Sep 2003077826.314.75$3,695
Aug 20035344729.765.13$3,870
Jul 2003054029.415.17$2,792
Jun 2003050728.565.98$3,033
May 200301,08926.595.97$6,504
Apr 2003056326.675.41$3,044
Mar 200301,19031.146.10$7,254
Feb 200301,30833.487.93$10,367
Jan 200301,63030.315.58$9,099
Dec 20025968926.914.85$4,932
Nov 2002076324.664.14$3,157
Oct 2002394726.464.23$4,084
Sep 200201,12427.443.64$4,086
Aug 2002089925.963.16$2,845
Jul 2002075324.583.06$2,306
Jun 200201,34323.733.34$4,483
May 200201,60324.663.58$5,745
Apr 200201,34923.653.51$4,738
Mar 200201,20222.003.10$3,729
Feb 200201,15618.222.38$2,746
Jan 2002801,03017.172.38$3,821
Dec 2001061316.932.36$1,449
Nov 2001059918.072.41$1,441
Oct 200110361119.782.53$3,582
Sep 2001070824.262.25$1,594
Aug 2001085424.873.05$2,607
Jul 2001053923.933.20$1,723
Jun 2001066124.563.82$2,528
May 2001083825.524.31$3,610
Apr 20017456624.685.34$4,846
Mar 2001060924.545.38$3,274
Feb 2001056627.755.77$3,264
Jan 2001061527.478.40$5,165
Dec 2000093026.889.12$8,484
Nov 200014295732.215.66$9,989
Oct 2000137231.235.15$1,945
Sep 2000047631.875.19$2,469
Aug 2000063829.644.54$2,897
Jul 200001,13628.534.09$4,646
Jun 20008174429.304.40$5,645
May 200001,15427.263.68$4,246
Apr 2000092424.513.12$2,879
Mar 200001,44328.422.86$4,127
Feb 2000059127.622.73$1,611
Jan 2000068225.272.48$1,692
Dec 199901,01924.282.42$2,470
Nov 1999094623.192.43$2,303
Oct 199915159620.982.80$4,839
Sep 199901,44821.752.62$3,792
Aug 199901,33219.262.88$3,830
Jul 1999046217.892.37$1,096
Jun 1999059715.942.36$1,410
May 1999089215.792.32$2,070
Apr 1999074315.102.21$1,641
Mar 199901,16412.471.84$2,140
Feb 199907929.981.82$1,440
Jan 199912383810.381.90$2,869
Dec 199801,4739.201.77$2,612
Nov 199801,60410.892.19$3,506
Oct 199801,50512.421.97$2,964
Sep 199801,27012.592.08$2,645
Aug 199801,60911.301.91$3,069
Jul 19981421,48411.742.24$4,987
Jun 199801,46711.242.24$3,282
May 199801,81512.622.21$4,005
Apr 199801,30213.042.51$3,262
Mar 199801,76812.802.31$4,083
Feb 199801,40613.952.30$3,233
Jan 1998991,61114.702.15$4,927
Dec 199701,20016.322.41$2,893
Nov 199701,53618.193.09$4,744
Oct 199701,40119.253.15$4,413
Sep 199701,59317.742.95$4,707
Aug 199701,55817.862.55$3,980
Jul 199701,57617.582.25$3,541
Jun 199721,70217.242.26$3,876
May 199701,76618.972.31$4,077
Apr 199711,76817.882.08$3,700
Mar 199711,80518.951.94$3,519
Feb 1997651,45320.492.21$4,537
Jan 199701,57823.483.54$5,586
Dec 199611,55623.32$23
Nov 199601,54221.97$0
Oct 199601,98423.31$0
Sep 199602,30022.22$0
Aug 199602,53620.26$0
Jul 199602,37619.55$0
Jun 199612,23418.73$19
May 1996962,36519.43$1,865
Apr 199602,52221.51$0
Mar 199622,54019.38$39
Feb 199602,66416.98$0
Jan 1996752,76017.07$1,280
Dec 199512,96417.19$17
Nov 199512,75216.00$16
Oct 1995943,17115.43$1,450
Sep 199513,22816.18$16
Aug 1995923,72315.92$1,465
Jul 199513,97815.24$15
Jun 199503,61016.41$0
May 1995864,11917.56$1,510
Apr 19951224,39917.73$2,163
Mar 199514,71216.44$16
Feb 19951174,66416.58$1,940
Jan 19951305,75415.92$2,070
Dec 1994806,67315.03$1,202
Nov 19941387,76915.90$2,194
Oct 19941468,75215.58$2,275
Sep 19942669,65115.29$4,067
Aug 199416010,82916.13$2,581
Jul 199429213,05717.56$5,128
Jun 199444916,47117.09$7,673
May 199472627,35915.88$11,529
Apr 199456,71714.14$71

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.

Oct 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.54 =         $0
Gas                  189 Mcf  × $  4.11 =       $777

────────────────────────────────────────────────────
Month total                                     $777

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/149230 is the state's own key, not one this site invented.