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 150326District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Jul 1994 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
383
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 Gas112001-08-21144543
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
CondensateDisposition2,015 bbl$70,854
GasProduction1,506,833 Mcf$4,396,500
Total$4,467,354

388,133 Mcf of this lease's gas, across 30 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 27.2754, -99.3790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27544, -99.37898 · 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
Jul 1994
1 of 1 wells

1 well

42-5053319469,600 ftJul 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 (383)

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

383 months

May 202602,050106.413.05$6,244
Apr 202602,10598.932.87$6,041
Mar 202602,21189.753.15$6,963
Feb 202602,05463.503.75$7,703
Jan 202602,30959.138.00$18,467
Dec 202502,21156.664.41$9,758
Nov 202502,12458.593.93$8,340
Oct 202502,36459.383.30$7,813
Sep 202502,15262.743.08$6,622
Aug 202502,19763.933.01$6,623
Jul 202502,27466.743.32$7,539
Jun 202502,24266.483.13$7,015
May 202502,37160.553.23$7,664
Apr 202502,41962.363.54$8,571
Mar 202502,68867.704.27$11,473
Feb 202502,43370.884.34$10,561
Jan 202502,60274.324.28$11,133
Dec 202402,40968.993.12$7,519
Nov 202402,57769.052.20$5,665
Oct 202402,48571.372.28$5,669
Sep 202402,48769.612.36$5,880
Aug 2024172,69175.632.06$6,839
Jul 202402,77079.932.15$5,946
Jun 202402,75578.082.63$7,257
May 202402,50578.812.20$5,507
Apr 202402,36984.451.66$3,931
Mar 202402,38580.301.55$3,685
Feb 202402,19976.091.78$3,922
Jan 202402,29873.023.30$7,578
Dec 202302,52071.262.61$6,579
Nov 202302,86677.892.81$8,046
Oct 202302,81685.443.09$8,694
Sep 202302,74589.042.74$7,508
Aug 202302,70680.522.67$7,233
Jul 202302,85874.852.64$7,550
Jun 202302,82768.962.26$6,385
May 202302,67970.622.23$5,967
Apr 202303,08278.122.24$6,897
Mar 202303,41772.852.39$8,177
Feb 202303,17775.112.47$7,833
Jan 202303,48176.533.39$11,793
Dec 202203,65976.415.73$20,963
Nov 202203,32485.005.65$18,768
Oct 202203,33187.185.86$19,532
Sep 202203,24984.888.16$26,524
Aug 202203,44594.529.13$31,443
Jul 202203,467101.587.54$26,148
Jun 202203,340115.097.98$26,644
May 202203,464109.378.43$29,212
Apr 202203,435104.226.84$23,487
Mar 202203,424108.885.08$17,382
Feb 202203,20691.054.86$15,577
Jan 202203,75281.844.54$17,025
Dec 202103,80571.323.90$14,836
Nov 202103,43077.435.24$17,962
Oct 202103,47579.795.71$19,856
Sep 202103,58269.865.35$19,167
Aug 202103,64866.024.22$15,397
Jul 202103,83470.783.98$15,267
Jun 202103,59469.493.38$12,150
May 202103,67263.483.02$11,081
Apr 202103,65460.362.76$10,079
Mar 202103,83961.302.72$10,430
Feb 202103,41057.805.55$18,919
Jan 202103,98150.412.81$11,188
Dec 202003,99244.642.68$10,680
Nov 202003,87138.772.71$10,477
Oct 202004,17436.972.48$10,345
Sep 202004,07037.091.99$8,104
Aug 202004,33639.982.39$10,342
Jul 202004,40438.371.83$8,038
Jun 202004,35534.901.69$7,361
May 202004,65516.921.81$8,448
Apr 202004,83114.751.80$8,717
Mar 202004,38030.341.86$8,130
Feb 202004,10949.881.98$8,139
Jan 202004,63557.252.09$9,709
Dec 201904,54859.012.30$10,480
Nov 201904,57655.302.75$12,587
Oct 201905,00153.472.42$12,095
Sep 2019274,79755.052.66$14,233
Aug 201905,25353.112.30$12,105
Jul 201905,38456.272.46$13,245
Jun 201905,22652.782.49$13,019
May 201955,90258.482.74$16,466
Apr 201904,86762.632.75$13,388
Mar 2019295,33256.803.06$17,974
Feb 201904,82250.852.79$13,464
Jan 20191505,47546.033.23$24,579
Dec 20181645,45746.594.19$30,481
Nov 201805,47552.934.24$23,199
Oct 20181705,81061.443.40$30,188
Sep 201805,64359.543.11$17,538
Aug 201805,54559.403.07$17,004
Jul 201805,44265.142.93$15,955
Jun 201805,41460.183.08$16,658
May 2018885,76265.382.90$22,468
Apr 201805,63563.842.90$16,346
Mar 201806,02161.222.79$16,780
Feb 201805,21361.782.77$14,420
Jan 201805,78762.874.01$23,202
Dec 201705,91257.272.92$17,272
Nov 201705,98855.423.12$18,673
Oct 201706,39049.292.98$19,066
Sep 201706,29147.523.09$19,422
Aug 201706,45545.373.00$19,393
Jul 201706,14643.873.09$18,974
Jun 201706,17242.493.09$19,055
May 201706,50445.373.26$21,225
Apr 201706,88747.933.21$22,118
Mar 201786,25946.772.98$19,049
Feb 201706,19250.452.95$18,283
Jan 201706,88749.413.42$23,545
Dec 201607,53148.763.72$28,037
Nov 201607,66242.492.64$20,261
Oct 201608,38946.193.09$25,924
Sep 2016538,54441.553.10$28,694
Aug 201609,57941.442.92$28,012
Jul 2016410,97541.622.92$32,261
Jun 2016015,72645.352.69$42,237
May 201601,59642.521.99$3,178
Apr 20162160236.561.99$1,966
Mar 2016079833.011.79$1,432
Feb 2016074826.472.06$1,544
Jan 20162881827.352.36$2,700
Dec 2015075732.362.00$1,515
Nov 2015061238.792.17$1,326
Oct 2015066043.552.43$1,602
Sep 2015095042.992.76$2,621
Aug 201501,42140.162.87$4,082
Jul 201501,47148.152.95$4,332
Jun 20150056.152.88$0
May 201501255.212.96$35
Apr 2015088349.822.71$2,390
Mar 2015098742.892.93$2,897
Feb 2015077044.662.98$2,292
Jan 2015086843.433.10$2,691
Dec 201401,14754.693.59$4,119
Nov 2014096670.464.25$4,107
Oct 201401,17478.303.90$4,580
Sep 201401,04486.164.05$4,223
Aug 2014361,29689.394.04$8,448
Jul 2014092396.564.18$3,858
Jun 201401,54598.164.74$7,318
May 2014084194.734.73$3,975
Apr 2014012495.944.81$596
Mar 2014084495.895.06$4,268
Feb 2014022197.406.19$1,368
Jan 201402,24290.404.86$10,898
Dec 2013088991.824.35$3,871
Nov 201301,03388.853.74$3,862
Oct 2013097697.423.78$3,689
Sep 20130965104.113.72$3,588
Aug 201308,226104.253.52$28,977
Jul 201302,323102.523.72$8,636
Jun 2013087294.403.93$3,430
May 201301,14294.834.15$4,738
Apr 201302,54493.964.28$10,895
Mar 201301,55293.623.91$6,073
Feb 20130091.233.42$0
Jan 2013026891.603.42$917
Dec 201201,24786.773.42$4,265
Nov 201201,55186.953.62$5,622
Oct 201201,29389.383.40$4,396
Sep 201201,38094.672.92$4,027
Aug 201201,38392.662.91$4,022
Jul 201201,31785.133.02$3,978
Jun 201201,33979.822.52$3,373
May 201201,37691.612.49$3,424
Apr 201201,322101.652.00$2,640
Mar 201201,448105.052.22$3,218
Feb 201201,645101.102.57$4,228
Jan 2012089198.092.73$2,436
Dec 2011092496.873.24$2,994
Nov 201101,16295.723.31$3,848
Oct 201101,24984.983.65$4,557
Sep 201101,05183.623.99$4,189
Aug 201101,28583.404.15$5,332
Jul 201101,05794.144.52$4,775
Jun 201101,97092.904.64$9,141
May 2011085898.134.40$3,779
Apr 201101,459105.964.33$6,322
Mar 201101,54496.364.06$6,265
Feb 201101,58685.644.18$6,629
Jan 201101,86786.504.59$8,567
Dec 201001,83985.734.35$7,996
Nov 201001,88980.843.80$7,169
Oct 201001,86078.103.51$6,527
Sep 2010851,56472.633.98$12,397
Aug 201003,51873.684.42$15,547
Jul 201001472.554.74$66
Jun 201006070.364.91$295
May 2010075971.124.24$3,215
Apr 201002,52381.694.12$10,402
Mar 201002,47278.394.39$10,849
Feb 201002,58373.585.44$14,058
Jan 201001,82874.365.96$10,902
Dec 200902,67971.445.48$14,691
Nov 200901,92274.593.75$7,210
Oct 200902,09772.544.11$8,619
Sep 200901,59465.543.06$4,885
Aug 200901,37767.423.22$4,432
Jul 200901,52761.133.46$5,290
Jun 200901,28166.163.90$4,990
May 200902,20954.743.93$8,672
Apr 200901,81346.773.59$6,504
Mar 200901,95942.144.06$7,952
Feb 200901,62332.814.63$7,519
Jan 200902,34035.865.37$12,568
Dec 200802,52337.105.98$15,080
Nov 200802,43455.496.86$16,698
Oct 200802,57775.246.92$17,838
Sep 200802,597101.767.88$20,457
Aug 200802,720114.228.48$23,074
Jul 200802,663131.0811.39$30,330
Jun 200802,715131.3313.03$35,384
May 200802,892123.1711.57$33,473
Apr 200802,824110.3110.45$29,525
Mar 200802,662101.909.66$25,726
Feb 200802,65092.538.77$23,242
Jan 200801,72590.388.21$14,155
Dec 200701,67788.337.30$12,245
Nov 200702,17791.677.29$15,874
Oct 200702,01682.856.92$13,955
Sep 200702,32375.846.24$14,505
Aug 200703,75869.066.39$24,006
Jul 200702,36770.906.39$15,120
Jun 200702,21262.007.55$16,697
May 200702,55358.747.85$20,032
Apr 200702,51659.617.81$19,638
Mar 200702,82356.927.30$20,613
Feb 200702,32255.108.22$19,078
Jan 200702,88950.306.73$19,434
Dec 200601,26556.656.92$8,752
Nov 200603,70654.207.62$28,230
Oct 200601,87154.906.01$11,252
Sep 200601,82460.085.04$9,188
Aug 200602,69568.717.34$19,781
Jul 2006513,27069.376.34$24,279
Jun 200602,57766.286.38$16,451
May 200602,25066.016.42$14,456
Apr 200601,32264.397.36$9,731
Mar 200601,53456.707.08$10,865
Feb 2006080057.597.75$6,201
Jan 200602,01460.598.93$17,992
Dec 200502,32054.9413.42$31,124
Nov 200502,85754.6910.59$30,251
Oct 200503,55058.3413.80$48,975
Sep 200502,51061.4512.08$30,318
Aug 200503,04261.519.80$29,802
Jul 200503,47055.697.84$27,217
Jun 200503,33652.337.38$24,623
May 200502,59545.226.65$17,260
Apr 200502,99449.207.36$22,037
Mar 200502,71750.377.15$19,440
Feb 2005097245.226.31$6,135
Jan 200501,86043.166.32$11,759
Dec 200401,17539.866.75$7,933
Nov 200401,56945.286.33$9,932
Oct 200401,90749.706.52$12,424
Sep 200401,54843.245.28$8,179
Aug 200401,90542.375.55$10,574
Jul 200451,52538.286.08$9,470
Jun 200401,90236.106.43$12,236
May 200402,13737.486.49$13,879
Apr 200402,76534.475.86$16,199
Mar 200413,13534.365.53$17,371
Feb 200412,48232.455.51$13,707
Jan 200412,88032.036.30$18,175
Dec 200313,03030.266.30$19,124
Nov 200312,21828.804.60$10,221
Oct 200332,71128.174.76$12,988
Sep 200322,78426.314.75$13,275
Aug 200323,62229.765.13$18,639
Jul 200303,35429.415.17$17,343
Jun 200303,63428.565.98$21,742
May 200302,85526.595.97$17,052
Apr 200302,42526.675.41$13,113
Mar 200303,03331.146.10$18,489
Feb 200302,92433.487.93$23,175
Jan 200313,34830.315.58$18,719
Dec 200223,35626.914.85$16,343
Nov 200212,96324.664.14$12,282
Oct 200214,35626.464.23$18,449
Sep 200212,30627.443.64$8,410
Aug 200203,34425.963.16$10,581
Jul 200213,63824.583.06$11,163
Jun 200201,28923.733.34$4,303
May 200213,96024.663.58$14,217
Apr 200204,71923.653.51$16,575
Mar 200203,18022.003.10$9,867
Feb 200202,73418.222.38$6,495
Jan 200203,61417.172.38$8,586
Dec 200106,87416.932.36$16,253
Nov 200101,28218.072.41$3,084
Oct 20010019.782.53$0
Sep 200132,48424.262.25$5,665
Aug 200102,82424.873.05$8,622
Jul 200102,97823.933.20$9,521
Jun 200103,02124.563.82$11,553
May 200103,89725.524.31$16,786
Apr 200103,52924.685.34$18,828
Mar 200103,43224.545.38$18,452
Feb 200103,31627.755.77$19,124
Jan 200113,31027.478.40$27,827
Dec 200013,71126.889.12$33,880
Nov 200023,51132.215.66$19,930
Oct 200033,20331.235.15$16,575
Sep 200003,39431.875.19$17,603
Aug 200003,34029.644.54$15,166
Jul 200014,05028.534.09$16,592
Jun 200004,11729.304.40$18,103
May 200003,84227.263.68$14,138
Apr 200004,73924.513.12$14,767
Mar 200004,96428.422.86$14,196
Feb 200002,32027.622.73$6,325
Jan 200003,42325.272.48$8,491
Dec 199903,81924.282.42$9,256
Nov 199904,19323.192.43$10,206
Oct 199904,68920.982.80$13,147
Sep 199905,19521.752.62$13,605
Aug 199903,89219.262.88$11,192
Jul 199904,12217.892.37$9,779
Jun 199904,87015.942.36$11,503
May 199905,21515.792.32$12,104
Apr 199903,74915.102.21$8,278
Mar 199904,53912.471.84$8,344
Feb 199905,4479.981.82$9,902
Jan 1999574,38710.381.90$8,927
Dec 199804,3189.201.77$7,657
Nov 199805,58610.892.19$12,209
Oct 199804,84812.421.97$9,547
Sep 199814,36612.592.08$9,105
Aug 199805,34211.301.91$10,189
Jul 199804,51511.742.24$10,101
Jun 199804,40811.242.24$9,862
May 199805,78212.622.21$12,757
Apr 199825,09613.042.51$12,793
Mar 199844,65612.802.31$10,804
Feb 199804,49713.952.30$10,339
Jan 199804,95014.702.15$10,666
Dec 199704,79716.322.41$11,566
Nov 199705,19118.193.09$16,031
Oct 199705,63919.253.15$17,762
Sep 199704,70717.742.95$13,909
Aug 199705,00417.862.55$12,784
Jul 199706,44017.582.25$14,470
Jun 199716,01717.242.26$13,599
May 1997686,18018.972.31$15,556
Apr 199716,26517.882.08$13,067
Mar 199726,92018.951.94$13,457
Feb 199706,24420.492.21$13,774
Jan 199706,69923.483.54$23,712
Dec 199607,16423.32$0
Nov 199617,48921.97$22
Oct 1996437,56923.31$1,002
Sep 199617,84122.22$22
Aug 199608,33020.26$0
Jul 199608,93919.55$0
Jun 199608,86618.73$0
May 1996658,31719.43$1,263
Apr 199608,12921.51$0
Mar 199609,26919.38$0
Feb 199669,24116.98$102
Jan 1996878,64617.07$1,485
Dec 199509,72317.19$0
Nov 199508,81416.00$0
Oct 199519,68515.43$15
Sep 19955510,30816.18$890
Aug 1995011,29515.92$0
Jul 199516512,24915.24$2,515
Jun 1995011,94316.41$0
May 1995012,73217.56$0
Apr 1995112,74517.73$18
Mar 1995014,36416.44$0
Feb 199512714,30716.58$2,106
Jan 1995015,59815.92$0
Dec 1994017,51015.03$0
Nov 19949118,95715.90$1,447
Oct 199412721,12715.58$1,979
Sep 1994024,75315.29$0
Aug 199413634,28216.13$2,194
Jul 1994127,94117.56$18

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                2,050 Mcf  × $  3.05 =     $6,244

────────────────────────────────────────────────────
Month total                                   $6,244

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/150326 is the state's own key, not one this site invented.