RANCHO NUEVO

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 150177District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jun 1994 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
384
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 Gas112001-08-21144541
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
CondensateDisposition200 bbl$7,829
GasProduction1,026,962 Mcf$3,288,633
Total$3,296,461

126,811 Mcf of this lease's gas, across 31 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 27.2707, -99.3760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27071, -99.37601 · 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
9,600 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 9,600 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-5053317049,600 ftJun 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 (384)

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

384 months

May 202603,705106.413.05$11,285
Apr 202603,61098.932.87$10,360
Mar 202603,79089.753.15$11,936
Feb 202603,50363.503.75$13,137
Jan 202603,93659.138.00$31,480
Dec 202503,89756.664.41$17,199
Nov 202543,88858.593.93$15,500
Oct 202504,14859.383.30$13,708
Sep 202503,85262.743.08$11,852
Aug 202504,01563.933.01$12,104
Jul 202504,01066.743.32$13,294
Jun 202514,09966.483.13$12,891
May 202504,18260.553.23$13,518
Apr 202503,94862.363.54$13,988
Mar 202504,19767.704.27$17,914
Feb 202543,83670.884.34$16,935
Jan 202504,17074.324.28$17,842
Dec 202404,24768.993.12$13,256
Nov 202404,29069.052.20$9,431
Oct 202404,30071.372.28$9,810
Sep 202404,20369.612.36$9,937
Aug 202404,38075.632.06$9,039
Jul 202404,39779.932.15$9,439
Jun 202414,31578.082.63$11,444
May 202404,38478.812.20$9,638
Apr 202404,16584.451.66$6,911
Mar 202404,30780.301.55$6,655
Feb 202404,14076.091.78$7,384
Jan 202404,30173.023.30$14,183
Dec 202304,48071.262.61$11,696
Nov 202304,34777.892.81$12,204
Oct 202304,72385.443.09$14,581
Sep 202304,74589.042.74$12,978
Aug 202305,18780.522.67$13,864
Jul 202305,33574.852.64$14,094
Jun 202305,15668.962.26$11,645
May 202305,21670.622.23$11,618
Apr 202305,51278.122.24$12,335
Mar 202335,83972.852.39$14,192
Feb 202305,18275.112.47$12,777
Jan 202305,72576.533.39$19,395
Dec 202205,76176.415.73$33,005
Nov 202205,72385.005.65$32,313
Oct 202206,15287.185.86$36,074
Sep 202205,94184.888.16$48,500
Aug 202206,35494.529.13$57,994
Jul 202206,396101.587.54$48,239
Jun 202206,247115.097.98$49,834
May 202206,570109.378.43$55,405
Apr 202206,419104.226.84$43,891
Mar 202206,604108.885.08$33,525
Feb 202206,06691.054.86$29,474
Jan 202207,11581.844.54$32,286
Dec 202107,26971.323.90$28,343
Nov 202106,58777.435.24$34,495
Oct 202107,13579.795.71$40,768
Sep 202107,23169.865.35$38,693
Aug 202107,44866.024.22$31,435
Jul 202107,90370.783.98$31,470
Jun 202107,35869.493.38$24,875
May 202108,00363.483.02$24,150
Apr 202107,80660.362.76$21,532
Mar 202108,23361.302.72$22,369
Feb 202107,24757.805.55$40,206
Jan 202108,53450.412.81$23,983
Dec 202008,64544.642.68$23,129
Nov 202008,46038.772.71$22,898
Oct 202009,18336.972.48$22,759
Sep 202009,08837.091.99$18,095
Aug 202009,84139.982.39$23,472
Jul 2020010,18838.371.83$18,594
Jun 2020010,11234.901.69$17,092
May 2020010,61316.921.81$19,260
Apr 2020010,62214.751.80$19,166
Mar 2020011,21630.341.86$20,819
Feb 2020010,72449.881.98$21,241
Jan 2020011,90957.252.09$24,946
Dec 2019012,29159.012.30$28,323
Nov 2019012,44155.302.75$34,221
Oct 2019013,75053.472.42$33,255
Sep 20191314,47855.052.66$39,188
Aug 2019014,28053.112.30$32,906
Jul 2019013,69456.272.46$33,688
Jun 2019013,95052.782.49$34,752
May 20197915,32758.482.74$46,621
Apr 2019015,89762.632.75$43,728
Mar 2019017,98556.803.06$55,072
Feb 2019017,57250.852.79$49,065
Jan 2019021,67846.033.23$69,980
Dec 2018024,55046.594.19$102,753
Nov 2018031,07152.934.24$131,655
Oct 2018037,22561.443.40$126,494
Sep 201801,27859.543.11$3,972
Aug 201801,77259.403.07$5,434
Jul 201801,94365.142.93$5,697
Jun 201801,42960.183.08$4,397
May 2018015865.382.90$458
Apr 2018015663.842.90$453
Mar 2018016961.222.79$471
Feb 2018016061.782.77$443
Jan 2018017362.874.01$694
Dec 2017017057.272.92$497
Nov 2017015955.423.12$496
Oct 2017017849.292.98$531
Sep 2017015547.523.09$479
Aug 2017019345.373.00$580
Jul 2017017043.873.09$525
Jun 2017016542.493.09$509
May 2017018145.373.26$591
Apr 2017020947.933.21$671
Mar 2017017246.772.98$513
Feb 2017016950.452.95$499
Jan 2017016049.413.42$547
Dec 2016018048.763.72$670
Nov 2016017842.492.64$471
Oct 2016018246.193.09$562
Sep 2016020641.553.10$639
Aug 2016016441.442.92$480
Jul 2016014141.622.92$412
Jun 2016012245.352.69$328
May 2016013342.521.99$265
Apr 2016014636.561.99$291
Mar 2016014933.011.79$267
Feb 2016019026.472.06$392
Jan 2016016927.352.36$400
Dec 2015029532.362.00$590
Nov 2015026338.792.17$570
Oct 2015020543.552.43$497
Sep 201506742.992.76$185
Aug 201507240.162.87$207
Jul 2015015048.152.95$442
Jun 2015020756.152.88$597
May 2015016755.212.96$494
Apr 201505349.822.71$143
Mar 2015024042.892.93$704
Feb 2015021744.662.98$646
Jan 2015024143.433.10$747
Dec 2014020454.693.59$733
Nov 2014014970.464.25$634
Oct 2014023578.303.90$917
Sep 2014026386.164.05$1,064
Aug 2014024689.394.04$993
Jul 2014058596.564.18$2,445
Jun 2014043898.164.74$2,075
May 2014012194.734.73$572
Apr 2014043695.944.81$2,097
Mar 2014024195.895.06$1,219
Feb 201406297.406.19$384
Jan 2014036290.404.86$1,760
Dec 2013042491.824.35$1,846
Nov 2013030988.853.74$1,155
Oct 2013053697.423.78$2,026
Sep 20130133104.113.72$494
Aug 201305104.253.52$18
Jul 20130216102.523.72$803
Jun 20130694.403.93$24
May 2013019394.834.15$801
Apr 2013016293.964.28$694
Mar 2013058493.623.91$2,285
Feb 201308191.233.42$277
Jan 2013022091.603.42$752
Dec 2012026686.773.42$910
Nov 2012029586.953.62$1,069
Oct 2012034089.383.40$1,156
Sep 2012027594.672.92$803
Aug 2012018692.662.91$541
Jul 2012020485.133.02$616
Jun 2012062779.822.52$1,579
May 2012037791.612.49$938
Apr 20120241101.652.00$481
Mar 20120591105.052.22$1,313
Feb 20120573101.102.57$1,473
Jan 2012057298.092.73$1,564
Dec 2011056396.873.24$1,824
Nov 2011053695.723.31$1,775
Oct 2011062484.983.65$2,277
Sep 2011057183.623.99$2,276
Aug 2011066583.404.15$2,759
Jul 2011058794.144.52$2,652
Jun 2011067192.904.64$3,113
May 2011082498.134.40$3,630
Apr 201101,011105.964.33$4,381
Mar 201101,89896.364.06$7,701
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 2010044073.684.42$1,945
Jul 2010054172.554.74$2,562
Jun 2010068370.364.91$3,354
May 2010085871.124.24$3,634
Apr 2010087081.694.12$3,587
Mar 2010068978.394.39$3,024
Feb 2010033773.585.44$1,834
Jan 2010026174.365.96$1,557
Dec 2009035671.445.48$1,952
Nov 2009034774.593.75$1,302
Oct 2009030472.544.11$1,250
Sep 2009039465.543.06$1,208
Aug 2009077567.423.22$2,494
Jul 2009096261.133.46$3,333
Jun 200901,07766.163.90$4,195
May 2009071454.743.93$2,803
Apr 2009031446.773.59$1,126
Mar 200903,76742.144.06$15,290
Feb 200904,61532.814.63$21,381
Jan 2009094835.865.37$5,092
Dec 2008059537.105.98$3,556
Nov 2008081955.496.86$5,619
Oct 2008056175.246.92$3,883
Sep 20080991101.767.88$7,806
Aug 20080655114.228.48$5,556
Jul 20080942131.0811.39$10,729
Jun 200801,298131.3313.03$16,916
May 200802,723123.1711.57$31,517
Apr 200801,088110.3110.45$11,375
Mar 200801,436101.909.66$13,878
Feb 2008037292.538.77$3,263
Jan 200802,82690.388.21$23,189
Dec 200702,67488.337.30$19,525
Nov 200702,58391.677.29$18,834
Oct 2007033482.856.92$2,312
Sep 2007066875.846.24$4,171
Aug 2007095669.066.39$6,107
Jul 2007090270.906.39$5,762
Jun 200701,02262.007.55$7,715
May 200701,07958.747.85$8,466
Apr 2007086159.617.81$6,720
Mar 200701,20256.927.30$8,777
Feb 200701,81355.108.22$14,896
Jan 2007032150.306.73$2,159
Dec 2006091356.656.92$6,317
Nov 2006080654.207.62$6,140
Oct 200607,26954.906.01$43,714
Sep 200609,56060.085.04$48,156
Aug 200601,93168.717.34$14,173
Jul 200601,11569.376.34$7,072
Jun 200601,84866.286.38$11,797
May 200601,82866.016.42$11,745
Apr 200601,76464.397.36$12,984
Mar 200602,63856.707.08$18,685
Feb 200602,88157.597.75$22,331
Jan 200602,27760.598.93$20,341
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020423.653.51$14
Mar 20020022.003.10$0
Feb 2002017418.222.38$413
Jan 200201,22517.172.38$2,910
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200104424.873.05$134
Jul 2001042623.933.20$1,362
Jun 2001050724.563.82$1,939
May 2001070825.524.31$3,050
Apr 2001038924.685.34$2,075
Mar 2001057424.545.38$3,086
Feb 2001073027.755.77$4,210
Jan 2001092327.478.40$7,752
Dec 20000026.889.12$0
Nov 2000047632.215.66$2,693
Oct 200004531.235.15$232
Sep 200001,33731.875.19$6,934
Aug 200001,08829.644.54$4,940
Jul 2000033428.534.09$1,366
Jun 2000042129.304.40$1,851
May 2000015927.263.68$585
Apr 2000054524.513.12$1,698
Mar 200001,22228.422.86$3,495
Feb 2000032827.622.73$894
Jan 2000045725.272.48$1,134
Dec 1999042124.282.42$1,020
Nov 1999041923.192.43$1,020
Oct 1999045820.982.80$1,284
Sep 1999051321.752.62$1,343
Aug 1999054819.262.88$1,576
Jul 1999055617.892.37$1,319
Jun 1999050015.942.36$1,181
May 1999056815.792.32$1,318
Apr 1999053715.102.21$1,186
Mar 1999050712.471.84$932
Feb 199904619.981.82$838
Jan 1999067410.381.90$1,281
Dec 199806309.201.77$1,117
Nov 1998053810.892.19$1,176
Oct 1998071112.421.97$1,400
Sep 1998070812.592.08$1,474
Aug 1998074211.301.91$1,415
Jul 1998086611.742.24$1,937
Jun 1998079911.242.24$1,788
May 199801,08212.622.21$2,387
Apr 1998095813.042.51$2,400
Mar 1998097512.802.31$2,252
Feb 1998093113.952.30$2,140
Jan 199801,01614.702.15$2,189
Dec 199701,14516.322.41$2,761
Nov 1997093418.193.09$2,884
Oct 1997097719.253.15$3,077
Sep 199701,20417.742.95$3,558
Aug 199701,12917.862.55$2,884
Jul 199701,27717.582.25$2,869
Jun 199701,15117.242.26$2,598
May 199701,38518.972.31$3,197
Apr 199701,03217.882.08$2,149
Mar 199701,22818.951.94$2,381
Feb 199721,18320.492.21$2,651
Jan 199701,75123.483.54$6,198
Dec 199611,47523.32$23
Nov 199601,71221.97$0
Oct 199601,07423.31$0
Sep 1996066522.22$0
Aug 1996151,41320.26$304
Jul 199621,41619.55$39
Jun 199601,59318.73$0
May 199601,19719.43$0
Apr 199601,29721.51$0
Mar 199601,42519.38$0
Feb 199601,28616.98$0
Jan 199621,47017.07$34
Dec 199512,63017.19$17
Nov 199502,44516.00$0
Oct 199502,96115.43$0
Sep 199505,45916.18$0
Aug 199553,70815.92$80
Jul 199503,98315.24$0
Jun 199504,29016.41$0
May 199525,84517.56$35
Apr 199513,86617.73$18
Mar 199515,38416.44$16
Feb 199503,71116.58$0
Jan 199504,10215.92$0
Dec 199404,63815.03$0
Nov 1994574,69815.90$906
Oct 199405,61015.58$0
Sep 199406,30415.29$0
Aug 199458,10016.13$81
Jul 1994112,12917.56$18
Jun 1994020,92517.09$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                3,705 Mcf  × $  3.05 =    $11,285

────────────────────────────────────────────────────
Month total                                  $11,285

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/150177 is the state's own key, not one this site invented.