EDUARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150639District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Aug 1994 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
382
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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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 Gas111994-08-31130548
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
CondensateDisposition21,882 bbl$396,787
GasProduction1,349,619 Mcf$2,372,737
Total$2,769,524

716,296 Mcf of this lease's gas, across 29 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 27.4917, -99.2171. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.49166, -99.21712 · 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
9,027 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 9,027 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-4793594119,027 ftAug 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 (382)

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

382 months

May 202601,029106.413.05$3,134
Apr 2026082398.932.87$2,362
Mar 2026040989.753.15$1,288
Feb 2026084763.503.75$3,177
Jan 2026085559.138.00$6,838
Dec 2025094356.664.41$4,162
Nov 2025097658.593.93$3,832
Oct 2025096459.383.30$3,186
Sep 2025097262.743.08$2,991
Aug 202501,02363.933.01$3,084
Jul 202501,04266.743.32$3,454
Jun 2025091866.483.13$2,872
May 20253597260.553.23$5,261
Apr 2025099262.363.54$3,515
Mar 2025093367.704.27$3,982
Feb 2025094370.884.34$4,093
Jan 2025096174.324.28$4,112
Dec 202401,02468.993.12$3,196
Nov 2024090569.052.20$1,990
Oct 202401,09371.372.28$2,494
Sep 2024054269.612.36$1,281
Aug 202401,06475.632.06$2,196
Jul 202401,04379.932.15$2,239
Jun 202401,04878.082.63$2,760
May 2024099678.812.20$2,190
Apr 2024090884.451.66$1,507
Mar 2024092780.301.55$1,432
Feb 2024088276.091.78$1,573
Jan 202401,02473.023.30$3,377
Dec 2023097071.262.61$2,532
Nov 2023097377.892.81$2,732
Oct 202301,06085.443.09$3,273
Sep 202301,02289.042.74$2,795
Aug 202301,18180.522.67$3,157
Jul 202301,12074.852.64$2,959
Jun 202301,00868.962.26$2,277
May 202301,25670.622.23$2,798
Apr 202301,28378.122.24$2,871
Mar 202301,03672.852.39$2,479
Feb 202301,17375.112.47$2,892
Jan 202301,30676.533.39$4,424
Dec 202201,10376.415.73$6,319
Nov 202201,08985.005.65$6,149
Oct 202201,25287.185.86$7,341
Sep 202201,27084.888.16$10,368
Aug 202201,49594.529.13$13,645
Jul 202201,200101.587.54$9,051
Jun 20220603115.097.98$4,810
May 20220701109.378.43$5,912
Apr 20220662104.226.84$4,526
Mar 2022103697108.885.08$14,753
Feb 2022065091.054.86$3,158
Jan 2022075781.844.54$3,435
Dec 2021088471.323.90$3,447
Nov 2021078277.435.24$4,095
Oct 202101,00579.795.71$5,742
Sep 2021071369.865.35$3,815
Aug 2021088166.024.22$3,718
Jul 2021090770.783.98$3,612
Jun 202101,03069.493.38$3,482
May 202101,12563.483.02$3,395
Apr 202101,07260.362.76$2,957
Mar 202101,38861.302.72$3,771
Feb 2021058657.805.55$3,251
Jan 2021085650.412.81$2,406
Dec 2020080944.642.68$2,164
Nov 2020081838.772.71$2,214
Oct 2020082136.972.48$2,035
Sep 2020078337.091.99$1,559
Aug 2020090239.982.39$2,151
Jul 202001,01238.371.83$1,847
Jun 2020091934.901.69$1,553
May 202001,08116.921.81$1,962
Apr 20201001,02514.751.80$3,324
Mar 202001,08930.341.86$2,021
Feb 202001,06949.881.98$2,117
Jan 202001,11057.252.09$2,325
Dec 201901,02359.012.30$2,357
Nov 2019089655.302.75$2,465
Oct 201901,23653.472.42$2,989
Sep 2019094555.052.66$2,511
Aug 201901,23453.112.30$2,844
Jul 201901,38356.272.46$3,402
Jun 201901,23252.782.49$3,069
May 201901,20758.482.74$3,308
Apr 201901,50762.632.75$4,145
Mar 201901,35556.803.06$4,149
Feb 201901,35550.852.79$3,783
Jan 201901,68646.033.23$5,443
Dec 201801,58246.594.19$6,621
Nov 201801,57552.934.24$6,674
Oct 201801,72261.443.40$5,851
Sep 201801,41259.543.11$4,389
Aug 201801,33259.403.07$4,085
Jul 201801,67065.142.93$4,896
Jun 201801,64960.183.08$5,074
May 201801,59165.382.90$4,615
Apr 201802,09263.842.90$6,068
Mar 201801,71861.222.79$4,788
Feb 201801,40961.782.77$3,897
Jan 201802,40962.874.01$9,658
Dec 201701,54957.272.92$4,525
Nov 201701,13455.423.12$3,536
Oct 201701,52149.292.98$4,538
Sep 201701,70147.523.09$5,251
Aug 201701,64445.373.00$4,939
Jul 201701,63743.873.09$5,054
Jun 201701,27142.493.09$3,924
May 2017063845.373.26$2,082
Apr 2017081147.933.21$2,605
Mar 2017086346.772.98$2,575
Feb 201701,03850.452.95$3,065
Jan 201701,24549.413.42$4,256
Dec 2016077348.763.72$2,878
Nov 201601,13942.492.64$3,012
Oct 2016097646.193.09$3,016
Sep 2016094441.553.10$2,927
Aug 201601,26241.442.92$3,691
Jul 201601,16141.622.92$3,395
Jun 201601,08245.352.69$2,906
May 201601,11742.521.99$2,224
Apr 2016871,28336.561.99$5,735
Mar 201601,03233.011.79$1,851
Feb 2016081126.472.06$1,674
Jan 2016721,25327.352.36$4,932
Dec 201501,08632.362.00$2,174
Nov 2015083938.792.17$1,818
Oct 201501,22143.552.43$2,963
Sep 201501,10142.992.76$3,037
Aug 201501,03340.162.87$2,967
Jul 201501,05748.152.95$3,113
Jun 201501,01756.152.88$2,932
May 2015071355.212.96$2,107
Apr 2015080249.822.71$2,171
Mar 201501,41642.892.93$4,156
Feb 20150444.662.98$12
Jan 2015097343.433.10$3,017
Dec 201401,04654.693.59$3,757
Nov 2014071470.464.25$3,036
Oct 201401,09478.303.90$4,268
Sep 201401,14186.164.05$4,616
Aug 2014621,06789.394.04$9,848
Jul 201401,48496.564.18$6,203
Jun 2014043998.164.74$2,079
May 2014087494.734.73$4,131
Apr 201401,15095.944.81$5,530
Mar 201401,61795.895.06$8,177
Feb 2014035997.406.19$2,223
Jan 2014025790.404.86$1,249
Dec 201301,99991.824.35$8,705
Nov 201309188.853.74$340
Oct 201301,82897.423.78$6,909
Sep 20130661104.113.72$2,457
Aug 201301,266104.253.52$4,460
Jul 20130275102.523.72$1,022
Jun 2013090594.403.93$3,560
May 201301,46594.834.15$6,078
Apr 201301,24593.964.28$5,332
Mar 2013099893.623.91$3,905
Feb 2013090491.233.42$3,092
Jan 2013024191.603.42$824
Dec 201201,16086.773.42$3,967
Nov 201201,13686.953.62$4,118
Oct 201201,17189.383.40$3,981
Sep 2012068694.672.92$2,002
Aug 201201,09492.662.91$3,182
Jul 2012082485.133.02$2,489
Jun 201201,10079.822.52$2,771
May 2012092991.612.49$2,312
Apr 201201,200101.652.00$2,396
Mar 20120871105.052.22$1,935
Feb 201201,324101.102.57$3,403
Jan 201201,63598.092.73$4,470
Dec 2011076896.873.24$2,488
Nov 201101,51595.723.31$5,017
Oct 2011092884.983.65$3,386
Sep 201101,35283.623.99$5,389
Aug 201101,04083.404.15$4,315
Jul 201101,70294.144.52$7,688
Jun 201101,54192.904.64$7,150
May 2011067698.134.40$2,978
Apr 201101,674105.964.33$7,254
Mar 201101,85796.364.06$7,534
Feb 201101,04385.644.18$4,360
Jan 2011076986.504.59$3,529
Dec 201001,25985.734.35$5,474
Nov 201001,16380.843.80$4,414
Oct 201001,19778.103.51$4,200
Sep 2010093772.633.98$3,729
Aug 201001,29873.684.42$5,736
Jul 201001,53772.554.74$7,280
Jun 201001,91870.364.91$9,418
May 201001,82671.124.24$7,734
Apr 201001,93181.694.12$7,961
Mar 2010013878.394.39$606
Feb 2010045773.585.44$2,487
Jan 201001,14274.365.96$6,811
Dec 200901,15071.445.48$6,306
Nov 200901,65974.593.75$6,224
Oct 200901,37372.544.11$5,643
Sep 200901,47565.543.06$4,521
Aug 200901,22067.423.22$3,927
Jul 20091091,49561.133.46$11,843
Jun 200901,20966.163.90$4,709
May 200901,42354.743.93$5,586
Apr 2009064846.773.59$2,325
Mar 200901,98042.144.06$8,037
Feb 2009086232.814.63$3,994
Jan 200901,24535.865.37$6,687
Dec 200801,19437.105.98$7,137
Nov 200801,98255.496.86$13,597
Oct 200801,66375.246.92$11,511
Sep 200803,650101.767.88$28,751
Aug 200801,230114.228.48$10,434
Jul 200801,249131.0811.39$14,225
Jun 20080624131.3313.03$8,132
May 2008065123.1711.57$752
Apr 200801,167110.3110.45$12,201
Mar 20080599101.909.66$5,789
Feb 200808992.538.77$781
Jan 2008013490.388.21$1,100
Dec 2007022788.337.30$1,658
Nov 2007017791.677.29$1,291
Oct 2007021782.856.92$1,502
Sep 2007020875.846.24$1,299
Aug 2007017469.066.39$1,112
Jul 200701,94070.906.39$12,393
Jun 2007054862.007.55$4,137
May 2007045558.747.85$3,570
Apr 2007063159.617.81$4,925
Mar 2007024956.927.30$1,818
Feb 2007024655.108.22$2,021
Jan 2007041450.306.73$2,785
Dec 2006028156.656.92$1,944
Nov 2006014354.207.62$1,089
Oct 2006050554.906.01$3,037
Sep 2006080560.085.04$4,055
Aug 200601,49168.717.34$10,944
Jul 2006047969.376.34$3,038
Jun 20068417366.286.38$6,672
May 2006060066.016.42$3,855
Apr 2006013364.397.36$979
Mar 2006047256.707.08$3,343
Feb 200601,25757.597.75$9,743
Jan 2006084960.598.93$7,584
Dec 200501,60154.9413.42$21,478
Nov 200502,04454.6910.59$21,643
Oct 200502,17458.3413.80$29,992
Sep 200501,99961.4512.08$24,146
Aug 200501,47661.519.80$14,460
Jul 2005062655.697.84$4,910
Jun 200502,41652.337.38$17,833
May 2005034345.226.65$2,281
Apr 2005075949.207.36$5,587
Mar 200501,68350.377.15$12,042
Feb 200502,32445.226.31$14,669
Jan 200517590043.166.32$13,243
Dec 200401,61639.866.75$10,910
Nov 200401,38845.286.33$8,787
Oct 200401,72949.706.52$11,265
Sep 200401,71643.245.28$9,067
Aug 200401,59242.375.55$8,837
Jul 200401,75838.286.08$10,696
Jun 200401,74236.106.43$11,206
May 200401,86837.486.49$12,132
Apr 200401,68334.475.86$9,860
Mar 200401,86634.365.53$10,319
Feb 200401,30132.455.51$7,168
Jan 200401,54632.036.30$9,739
Dec 200301,81830.266.30$11,456
Nov 200302,01528.804.60$9,259
Oct 200302,25128.174.76$10,714
Sep 200301,91926.314.75$9,114
Aug 200302,01929.765.13$10,357
Jul 200301,99629.415.17$10,321
Jun 200302,20828.565.98$13,210
May 200302,49526.595.97$14,902
Apr 200302,13426.675.41$11,539
Mar 200302,28031.146.10$13,899
Feb 200302,13133.487.93$16,890
Jan 200302,50230.315.58$13,966
Dec 200202,04526.914.85$9,926
Nov 200202,66624.664.14$11,029
Oct 200212,21126.464.23$9,377
Sep 200222,00727.443.64$7,351
Aug 200212,50225.963.16$7,943
Jul 20021122,68624.583.06$10,977
Jun 200202,38623.733.34$7,965
May 200202,63424.663.58$9,440
Apr 200203,04923.653.51$10,709
Mar 200202,92922.003.10$9,088
Feb 200202,00918.222.38$4,773
Jan 200202,71017.172.38$6,438
Dec 20011213,16316.932.36$9,527
Nov 200102,52318.072.41$6,069
Oct 200113,16019.782.53$8,011
Sep 200103,78124.262.25$8,512
Aug 200113,27824.873.05$10,033
Jul 2001196023.933.20$3,093
Jun 200111,19624.563.82$4,598
May 200103,79825.524.31$16,359
Apr 200102,66224.685.34$14,203
Mar 200103,34724.545.38$17,995
Feb 200102,71927.755.77$15,681
Jan 200103,51127.478.40$29,488
Dec 200003,68826.889.12$33,644
Nov 200003,56532.215.66$20,171
Oct 20001453,45831.235.15$22,321
Sep 200003,87131.875.19$20,077
Aug 200004,17029.644.54$18,935
Jul 200004,08528.534.09$16,707
Jun 20001454,05929.304.40$22,097
May 200004,14427.263.68$15,249
Apr 200004,33624.513.12$13,511
Mar 200004,22928.422.86$12,094
Feb 20001704,27627.622.73$16,354
Jan 200004,83725.272.48$11,998
Dec 199905,20024.282.42$12,603
Nov 19991765,61623.192.43$17,751
Oct 199904,11620.982.80$11,540
Sep 199901,53021.752.62$4,007
Aug 199901,10619.262.88$3,180
Jul 199902,89817.892.37$6,875
Jun 199905,14315.942.36$12,148
May 199905,43315.792.32$12,610
Apr 19991555,07315.102.21$13,542
Mar 199905,62112.471.84$10,333
Feb 199905,3159.981.82$9,662
Jan 19991715,90710.381.90$12,998
Dec 199806,2959.201.77$11,163
Nov 199803,82410.892.19$8,358
Oct 199804,50312.421.97$8,867
Sep 199804,19912.592.08$8,745
Aug 19981455,84111.301.91$12,779
Jul 199805,93211.742.24$13,271
Jun 199806,06611.242.24$13,571
May 199806,30712.622.21$13,915
Apr 199805,89213.042.51$14,761
Mar 199806,73912.802.31$15,563
Feb 199804,39113.952.30$10,095
Jan 19981745,80914.702.15$15,075
Dec 199706,57116.322.41$15,843
Nov 199706,79018.193.09$20,969
Oct 199706,50719.253.15$20,496
Sep 199706,81917.742.95$20,149
Aug 199707,26117.862.55$18,550
Jul 19971806,06217.582.25$16,785
Jun 199707,68217.242.26$17,340
May 19971767,15818.972.31$19,863
Apr 199705,56617.882.08$11,593
Mar 199717,27118.951.94$14,118
Feb 19971816,60120.492.21$18,270
Jan 199706,77523.483.54$23,981
Dec 19961768,11623.32$4,104
Nov 199617,76421.97$22
Oct 19961258,48323.31$2,914
Sep 19961737,45522.22$3,844
Aug 199607,80420.26$0
Jul 199618110,07719.55$3,539
Jun 1996010,00218.73$0
May 199617413,87319.43$3,381
Apr 199618212,94021.51$3,915
Mar 199636616,21419.38$7,093
Feb 199618616,00016.98$3,158
Jan 199637121,69417.07$6,333
Dec 199536926,07617.19$6,343
Nov 199518410,33516.00$2,944
Oct 199536519,52815.43$5,632
Sep 199517316,92916.18$2,799
Aug 199553720,99215.92$8,549
Jul 199535922,95415.24$5,471
Jun 199553828,30816.41$8,829
May 199553229,71017.56$9,342
Apr 199572329,74117.73$12,819
Mar 199573033,55116.44$12,001
Feb 199590433,66216.58$14,988
Jan 19951,09140,76715.92$17,369
Dec 19941,21141,76215.03$18,201
Nov 19941,53946,18715.90$24,470
Oct 19942,23054,31815.58$34,743
Sep 19942,76762,79615.29$42,307
Aug 19942,80858,25816.13$45,293

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                1,029 Mcf  × $  3.05 =     $3,134

────────────────────────────────────────────────────
Month total                                   $3,134

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/150639 is the state's own key, not one this site invented.