LUNDELL

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 149327District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
May 1994 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
385
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 Gas111994-06-02130200
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
CondensateDisposition7,549 bbl$150,565
GasProduction942,902 Mcf$1,427,556
Total$1,578,121

591,436 Mcf of this lease's gas, across 32 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 27.6848, -99.0056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68477, -99.00558 · 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
10,700 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 10,700 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-479360167410,700 ftMay 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 (385)

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

385 months

May 20262442106.413.05$1,559
Apr 2026346098.932.87$1,617
Mar 2026162789.753.15$2,064
Feb 2026458263.503.75$2,437
Jan 2026262359.138.00$5,101
Dec 2025366756.664.41$3,114
Nov 2025469658.593.93$2,967
Oct 2025374459.383.30$2,637
Sep 2025274262.743.08$2,409
Aug 2025290663.933.01$2,859
Jul 2025492366.743.32$3,327
Jun 2025084966.483.13$2,656
May 202551,04260.553.23$3,671
Apr 202551,07962.363.54$4,135
Mar 202531,28267.704.27$5,675
Feb 202581,16970.884.34$5,641
Jan 202531,26374.324.28$5,627
Dec 202461,22668.993.12$4,241
Nov 202451,28869.052.20$3,177
Oct 202401,22071.372.28$2,783
Sep 202421,15169.612.36$2,861
Aug 2024494475.632.06$2,251
Jul 2024476579.932.15$1,962
Jun 2024595878.082.63$2,914
May 2024692078.812.20$2,495
Apr 2024693384.451.66$2,055
Mar 2024896980.301.55$2,140
Feb 2024356376.091.78$1,232
Jan 2024661173.023.30$2,453
Dec 2023275271.262.61$2,106
Nov 2023791377.892.81$3,109
Oct 2023288185.443.09$2,891
Sep 2023579389.042.74$2,614
Aug 2023275680.522.67$2,182
Jul 2023595274.852.64$2,889
Jun 2023585168.962.26$2,267
May 2023586170.622.23$2,271
Apr 2023373978.122.24$1,888
Mar 2023682272.852.39$2,404
Feb 2023086975.112.47$2,143
Jan 2023294376.533.39$3,348
Dec 2022393176.415.73$5,563
Nov 2022086685.005.65$4,890
Oct 202211,13187.185.86$6,719
Sep 2022099584.888.16$8,123
Aug 2022396794.529.13$9,110
Jul 20221960101.587.54$7,342
Jun 202201,031115.097.98$8,224
May 20222926109.378.43$8,028
Apr 20222958104.226.84$6,759
Mar 202201,048108.885.08$5,320
Feb 202241,21591.054.86$6,268
Jan 202221,28081.844.54$5,972
Dec 202131,34771.323.90$5,466
Nov 202131,17677.435.24$6,391
Oct 202101,22379.795.71$6,988
Sep 202161,24769.865.35$7,092
Aug 202131,37666.024.22$6,006
Jul 202151,43570.783.98$6,068
Jun 202121,53669.493.38$5,332
May 202111,43863.483.02$4,403
Apr 202101,39960.362.76$3,859
Mar 202111,47661.302.72$4,072
Feb 202121,29957.805.55$7,322
Jan 202111,29550.412.81$3,690
Dec 202001,55544.642.68$4,160
Nov 202011,26938.772.71$3,473
Oct 2020128436.972.48$741
Sep 2020266037.091.99$1,388
Aug 2020187539.982.39$2,127
Jul 2020215338.371.83$356
Jun 2020119334.901.69$361
May 2020017516.921.81$318
Apr 2020016214.751.80$292
Mar 2020026630.341.86$494
Feb 2020051249.881.98$1,014
Jan 202008157.252.09$170
Dec 201903659.012.30$83
Nov 2019021355.302.75$586
Oct 2019026753.472.42$646
Sep 2019019455.052.66$516
Aug 2019014853.112.30$341
Jul 2019012056.272.46$295
Jun 2019015352.782.49$381
May 2019020158.482.74$551
Apr 2019016462.632.75$451
Mar 2019017456.803.06$533
Feb 2019012450.852.79$346
Jan 2019012446.033.23$400
Dec 2018013446.594.19$561
Nov 2018013952.934.24$589
Oct 2018014061.443.40$476
Sep 2018015759.543.11$488
Aug 2018020059.403.07$613
Jul 2018018865.142.93$551
Jun 2018021760.183.08$668
May 2018019565.382.90$566
Apr 2018022263.842.90$644
Mar 2018024161.222.79$672
Feb 2018016661.782.77$459
Jan 2018020962.874.01$838
Dec 2017027157.272.92$792
Nov 2017019255.423.12$599
Oct 2017019049.292.98$567
Sep 2017020447.523.09$630
Aug 2017026645.373.00$799
Jul 2017030643.873.09$945
Jun 2017022242.493.09$685
May 2017025445.373.26$829
Apr 2017030347.933.21$973
Mar 2017045146.772.98$1,346
Feb 2017026850.452.95$791
Jan 2017054649.413.42$1,867
Dec 2016028948.763.72$1,076
Nov 2016730842.492.64$1,112
Oct 2016932946.193.09$1,432
Sep 20161520941.553.10$1,271
Aug 20161526341.442.92$1,391
Jul 2016201841.622.92$885
Jun 2016101845.352.69$502
May 2016121542.521.99$540
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015039232.362.00$785
Nov 2015028838.792.17$624
Oct 2015027443.552.43$665
Sep 2015024742.992.76$681
Aug 2015030940.162.87$888
Jul 2015037848.152.95$1,113
Jun 2015023056.152.88$663
May 2015021955.212.96$647
Apr 2015019249.822.71$520
Mar 2015032242.892.93$945
Feb 2015027344.662.98$813
Jan 2015024043.433.10$744
Dec 2014031054.693.59$1,113
Nov 2014028370.464.25$1,203
Oct 2014041478.303.90$1,615
Sep 2014021286.164.05$858
Aug 2014028189.394.04$1,134
Jul 2014027596.564.18$1,149
Jun 2014037698.164.74$1,781
May 2014032894.734.73$1,550
Apr 2014038395.944.81$1,842
Mar 2014039395.895.06$1,987
Feb 2014039797.406.19$2,458
Jan 2014037690.404.86$1,828
Dec 2013031891.824.35$1,385
Nov 2013036888.853.74$1,376
Oct 2013031197.423.78$1,175
Sep 20130453104.113.72$1,684
Aug 20130362104.253.52$1,275
Jul 20130215102.523.72$799
Jun 2013016694.403.93$653
May 2013030594.834.15$1,265
Apr 2013033593.964.28$1,435
Mar 2013029893.623.91$1,166
Feb 2013025091.233.42$855
Jan 2013028591.603.42$975
Dec 2012040786.773.42$1,392
Nov 2012030586.953.62$1,106
Oct 2012030189.383.40$1,023
Sep 2012030294.672.92$881
Aug 2012030592.662.91$887
Jul 2012044785.133.02$1,350
Jun 2012036779.822.52$924
May 2012036791.612.49$913
Apr 20120363101.652.00$725
Mar 20120424105.052.22$942
Feb 20120369101.102.57$948
Jan 2012035098.092.73$957
Dec 2011045596.873.24$1,474
Nov 2011041695.723.31$1,377
Oct 2011066284.983.65$2,415
Sep 2011045183.623.99$1,798
Aug 201104983.404.15$203
Jul 201102094.144.52$90
Jun 2011057492.904.64$2,663
May 2011068698.134.40$3,022
Apr 20110407105.964.33$1,764
Mar 2011040296.364.06$1,631
Feb 2011047085.644.18$1,965
Jan 2011040686.504.59$1,863
Dec 2010039085.734.35$1,696
Nov 2010037580.843.80$1,423
Oct 2010034178.103.51$1,197
Sep 2010038372.633.98$1,524
Aug 2010033773.684.42$1,489
Jul 2010038772.554.74$1,833
Jun 2010038970.364.91$1,910
May 2010042571.124.24$1,800
Apr 2010040781.694.12$1,678
Mar 2010043778.394.39$1,918
Feb 2010047773.585.44$2,596
Jan 2010022074.365.96$1,312
Dec 2009045971.445.48$2,517
Nov 2009035474.593.75$1,328
Oct 2009031672.544.11$1,299
Sep 2009044165.543.06$1,352
Aug 2009019567.423.22$628
Jul 2009039561.133.46$1,368
Jun 200901,18966.163.90$4,631
May 2009022654.743.93$887
Apr 2009068146.773.59$2,443
Mar 2009028942.144.06$1,173
Feb 2009028532.814.63$1,320
Jan 2009041835.865.37$2,245
Dec 2008092437.105.98$5,523
Nov 2008029855.496.86$2,044
Oct 2008024475.246.92$1,689
Sep 20080496101.767.88$3,907
Aug 200801,245114.228.48$10,561
Jul 200802,165131.0811.39$24,658
Jun 200801,965131.3313.03$25,609
May 200801,708123.1711.57$19,769
Apr 20080520110.3110.45$5,437
Mar 200801,436101.909.66$13,878
Feb 200801,00592.538.77$8,814
Jan 2008072090.388.21$5,908
Dec 2007070488.337.30$5,141
Nov 2007072291.677.29$5,265
Oct 2007057582.856.92$3,980
Sep 2007176875.846.24$4,871
Aug 2007879169.066.39$5,605
Jul 2007211,04070.906.39$8,132
Jun 2007261,47762.007.55$12,761
May 2007633,57758.747.85$31,767
Apr 2007940559.617.81$3,698
Mar 20071872656.927.30$6,326
Feb 20072179755.108.22$7,705
Jan 20071769350.306.73$5,517
Dec 20061765156.656.92$5,467
Nov 20061366554.207.62$5,770
Oct 2006281,14054.906.01$8,393
Sep 200601,14060.085.04$5,742
Aug 2006099068.717.34$7,267
Jul 2006050969.376.34$3,228
Jun 2006081966.286.38$5,228
May 2006017366.016.42$1,112
Apr 200601,13964.397.36$8,384
Mar 2006071856.707.08$5,086
Feb 2006016857.597.75$1,302
Jan 2006077560.598.93$6,923
Dec 2005053654.9413.42$7,191
Nov 2005059154.6910.59$6,258
Oct 2005069458.3413.80$9,574
Sep 2005085261.4512.08$10,291
Aug 200501,19161.519.80$11,668
Jul 2005061455.697.84$4,816
Jun 2005065852.337.38$4,857
May 200501,16545.226.65$7,749
Apr 200501,18449.207.36$8,715
Mar 200501,39050.377.15$9,945
Feb 200501,02145.226.31$6,444
Jan 200501,28043.166.32$8,092
Dec 200402,22139.866.75$14,994
Nov 200401145.286.33$70
Oct 200401,23649.706.52$8,053
Sep 200401,73143.245.28$9,146
Aug 200402,75242.375.55$15,275
Jul 2004079338.286.08$4,825
Jun 200401,55136.106.43$9,978
May 200401,13137.486.49$7,345
Apr 2004372634.475.86$4,357
Mar 2004473634.365.53$4,208
Feb 2004482532.455.51$4,675
Jan 2004577732.036.30$5,055
Dec 2003374730.266.30$4,798
Nov 2003475328.804.60$3,575
Oct 2003375928.174.76$3,697
Sep 2003085026.314.75$4,037
Aug 2003067429.765.13$3,457
Jul 2003088329.415.17$4,566
Jun 2003088328.565.98$5,283
May 200301,03926.595.97$6,206
Apr 2003084126.675.41$4,548
Mar 2003093731.146.10$5,712
Feb 2003057733.487.93$4,573
Jan 2003059430.315.58$3,316
Dec 2002048226.914.85$2,340
Nov 2002064224.664.14$2,656
Oct 2002178826.464.23$3,359
Sep 20022073527.443.64$3,221
Aug 20021875425.963.16$2,853
Jul 20023398624.583.06$3,830
Jun 20022383823.733.34$3,343
May 2002192,05624.663.58$7,837
Apr 2002059623.653.51$2,093
Mar 200201,09022.003.10$3,382
Feb 200201,03218.222.38$2,452
Jan 2002080017.172.38$1,901
Dec 200101,10716.932.36$2,617
Nov 200101,02318.072.41$2,461
Oct 200101,03119.782.53$2,607
Sep 2001089924.262.25$2,024
Aug 200101,08224.873.05$3,304
Jul 2001057423.933.20$1,835
Jun 2001052324.563.82$2,000
May 2001056425.524.31$2,429
Apr 2001090024.685.34$4,802
Mar 200101,15524.545.38$6,210
Feb 200101,14827.755.77$6,621
Jan 200101,53627.478.40$12,901
Dec 200001,25026.889.12$11,403
Nov 200004,03632.215.66$22,836
Oct 200003,89031.235.15$20,016
Sep 200002,94331.875.19$15,264
Aug 200001,59129.644.54$7,224
Jul 200001,54128.534.09$6,302
Jun 200001,37529.304.40$6,046
May 200001,14527.263.68$4,213
Apr 2000077424.513.12$2,412
Mar 200001,07028.422.86$3,060
Feb 200001,35427.622.73$3,692
Jan 200001,69325.272.48$4,199
Dec 199911,59524.282.42$3,890
Nov 199981,56823.192.43$4,002
Oct 199991,57920.982.80$4,616
Sep 199991,63321.752.62$4,472
Aug 1999101,84219.262.88$5,489
Jul 1999121,78017.892.37$4,438
Jun 1999132,35015.942.36$5,758
May 1999121,99315.792.32$4,815
Apr 1999161,55915.102.21$3,684
Mar 1999181,58212.471.84$3,133
Feb 1999171,5699.981.82$3,022
Jan 1999191,00610.381.90$2,109
Dec 1998089.201.77$14
Nov 1998201,02510.892.19$2,458
Oct 1998332,58612.421.97$5,502
Sep 1998342,41112.592.08$5,449
Aug 19981433,61811.301.91$8,517
Jul 199804,14411.742.24$9,271
Jun 199803,74211.242.24$8,372
May 199804,41912.622.21$9,750
Apr 199804,09813.042.51$10,267
Mar 199804,40312.802.31$10,168
Feb 19981573,83213.952.30$11,000
Jan 199804,38714.702.15$9,453
Dec 199704,07816.322.41$9,832
Nov 199704,83018.193.09$14,916
Oct 199705,24719.253.15$16,527
Sep 19971405,65017.742.95$19,179
Aug 199705,91817.862.55$15,119
Jul 199705,69217.582.25$12,790
Jun 199706,10017.242.26$13,769
May 19971336,25218.972.31$16,956
Apr 199705,60317.882.08$11,670
Mar 199716,15318.951.94$11,950
Feb 199715,83220.492.21$12,885
Jan 19971407,54523.483.54$29,994
Dec 199617,56323.32$23
Nov 199617,58221.97$22
Oct 19961378,13423.31$3,193
Sep 199628,91122.22$44
Aug 1996010,24020.26$0
Jul 1996110,92519.55$20
Jun 19961569,96618.73$2,922
May 1996112,07119.43$19
Apr 1996111,68321.51$22
Mar 199616513,39819.38$3,198
Feb 1996313,90016.98$51
Jan 199615815,64517.07$2,697
Dec 1995116,44517.19$17
Nov 1995315,40916.00$48
Oct 199513117,26515.43$2,021
Sep 199515416,88316.18$2,492
Aug 1995418,80815.92$64
Jul 199516420,06315.24$2,499
Jun 199514819,36716.41$2,429
May 199515520,55517.56$2,722
Apr 1995329,23817.73$53
Mar 199530725,03316.44$5,047
Feb 199516323,01516.58$2,703
Jan 199512320,99315.92$1,958
Dec 199430221,95515.03$4,539
Nov 199412521,03515.90$1,988
Oct 199442822,91815.58$6,668
Sep 199427223,22115.29$4,159
Aug 199439326,16916.13$6,339
Jul 199455829,96417.56$9,798
Jun 199485638,31917.09$14,629
May 19941,01134,76315.88$16,055

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             2 bbl  × $106.41 =       $213
Gas                  442 Mcf  × $  3.05 =     $1,346

────────────────────────────────────────────────────
Month total                                   $1,559

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/149327 is the state's own key, not one this site invented.