DERLY

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

Gas lease lease 150710District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Aug 1994 – May 2026
Value, last 12 filed months
$111 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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered
2004-09-01
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 Gas111994-09-12130589
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
CondensateDisposition24 bbl$580
GasProduction1,636,960 Mcf$4,554,625
Total$4,555,205

516,272 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 26.9482, -99.2656. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.94823, -99.26558 · 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
10,800 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 10,800 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-50533202310,800 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 202608,320106.413.05$25,341
Apr 202606,97398.932.87$20,011
Mar 202601,68889.753.15$5,316
Feb 202601,53963.503.75$5,772
Jan 202601,64459.138.00$13,149
Dec 202501,67656.664.41$7,397
Nov 202501,66458.593.93$6,534
Oct 202501,71659.383.30$5,671
Sep 202501,69162.743.08$5,203
Aug 202501,74463.933.01$5,258
Jul 202501,73866.743.32$5,762
Jun 202501,77866.483.13$5,563
May 202501,42160.553.23$4,593
Apr 202501,08762.363.54$3,851
Mar 202501,15367.704.27$4,921
Feb 202501,07170.884.34$4,649
Jan 202501,10074.324.28$4,707
Dec 202401,14968.993.12$3,586
Nov 202401,07469.052.20$2,361
Oct 202401,09871.372.28$2,505
Sep 202401,15469.612.36$2,728
Aug 202401,20675.632.06$2,489
Jul 202401,21179.932.15$2,600
Jun 202401,15778.082.63$3,048
May 202401,21678.812.20$2,673
Apr 202401,20784.451.66$2,003
Mar 202401,25680.301.55$1,941
Feb 202401,15576.091.78$2,060
Jan 202401,23673.023.30$4,076
Dec 202301,24971.262.61$3,261
Nov 202301,22277.892.81$3,431
Oct 202301,26885.443.09$3,915
Sep 202301,23689.042.74$3,381
Aug 202301,31780.522.67$3,520
Jul 202301,27774.852.64$3,374
Jun 202301,25168.962.26$2,825
May 202301,32870.622.23$2,958
Apr 202301,21278.122.24$2,712
Mar 202301,25372.852.39$2,999
Feb 202301,17575.112.47$2,897
Jan 202301,26476.533.39$4,282
Dec 202201,27776.415.73$7,316
Nov 202201,29385.005.65$7,301
Oct 202201,53587.185.86$9,001
Sep 202201,40484.888.16$11,462
Aug 202201,52194.529.13$13,882
Jul 202201,410101.587.54$10,634
Jun 202201,591115.097.98$12,692
May 202201,516109.378.43$12,784
Apr 202201,275104.226.84$8,718
Mar 202201,270108.885.08$6,447
Feb 202201,25591.054.86$6,098
Jan 202201,40881.844.54$6,389
Dec 202101,48571.323.90$5,790
Nov 202101,49077.435.24$7,803
Oct 202101,54679.795.71$8,834
Sep 202101,48569.865.35$7,946
Aug 202101,56866.024.22$6,618
Jul 202101,59370.783.98$6,343
Jun 202101,55469.493.38$5,253
May 202101,58563.483.02$4,783
Apr 202101,51960.362.76$4,190
Mar 202101,62061.302.72$4,401
Feb 202101,32557.805.55$7,351
Jan 202101,65350.412.81$4,645
Dec 202001,58144.642.68$4,230
Nov 202001,59338.772.71$4,312
Oct 202001,57836.972.48$3,911
Sep 202001,59437.091.99$3,174
Aug 202001,66139.982.39$3,962
Jul 202001,49938.371.83$2,736
Jun 202001,63534.901.69$2,764
May 202001,83516.921.81$3,330
Apr 202003,41814.751.80$6,167
Mar 202003,93930.341.86$7,312
Feb 202002,95849.881.98$5,859
Jan 202003,65657.252.09$7,658
Dec 201903,54659.012.30$8,171
Nov 201903,48855.302.75$9,594
Oct 201903,63653.472.42$8,794
Sep 201904,10655.052.66$10,911
Aug 201903,93853.112.30$9,075
Jul 201902,96056.272.46$7,282
Jun 201903,68052.782.49$9,168
May 201904,03758.482.74$11,063
Apr 201903,97462.632.75$10,931
Mar 201904,28356.803.06$13,115
Feb 201904,00450.852.79$11,180
Jan 201903,40846.033.23$11,002
Dec 201804,29546.594.19$17,976
Nov 201804,29752.934.24$18,207
Oct 201804,35361.443.40$14,792
Sep 201803,99359.543.11$12,410
Aug 201804,89459.403.07$15,008
Jul 201804,98765.142.93$14,621
Jun 201805,01960.183.08$15,443
May 201805,76765.382.90$16,729
Apr 201802,43863.842.90$7,072
Mar 201801,85261.222.79$5,161
Feb 201801,76561.782.77$4,882
Jan 201801,99262.874.01$7,987
Dec 201702,00657.272.92$5,861
Nov 201701,60855.423.12$5,014
Oct 201701,98049.292.98$5,908
Sep 201701,51047.523.09$4,662
Aug 201701,50345.373.00$4,516
Jul 201701,37943.873.09$4,257
Jun 201701,64042.493.09$5,063
May 201701,79745.373.26$5,864
Apr 201701,75147.933.21$5,624
Mar 201701,76146.772.98$5,254
Feb 201701,68950.452.95$4,987
Jan 201701,93149.413.42$6,602
Dec 201601,80248.763.72$6,709
Nov 201601,82242.492.64$4,818
Oct 201601,93846.193.09$5,989
Sep 201601,87241.553.10$5,804
Aug 201601,99341.442.92$5,828
Jul 201601,92541.622.92$5,629
Jun 201601,92345.352.69$5,165
May 201601,68042.521.99$3,345
Apr 201601,96136.561.99$3,904
Mar 201602,02233.011.79$3,627
Feb 201601,92026.472.06$3,962
Jan 201601,96127.352.36$4,637
Dec 201502,31832.362.00$4,639
Nov 201501,43838.792.17$3,117
Oct 201502,04043.552.43$4,950
Sep 201502,19742.992.76$6,060
Aug 201502,24640.162.87$6,452
Jul 201502,16548.152.95$6,376
Jun 201502,17956.152.88$6,282
May 201502,31955.212.96$6,854
Apr 201502,16549.822.71$5,860
Mar 201502,47742.892.93$7,269
Feb 201521,84844.662.98$5,589
Jan 201502,03643.433.10$6,313
Dec 201402,70854.693.59$9,725
Nov 201401,67970.464.25$7,139
Oct 201402,26178.303.90$8,820
Sep 201402,04986.164.05$8,289
Aug 201402,63389.394.04$10,624
Jul 201402,66696.564.18$11,143
Jun 201402,96898.164.74$14,059
May 201403,55694.734.73$16,808
Apr 201401,63995.944.81$7,882
Mar 201401,77695.895.06$8,981
Feb 201401,62497.406.19$10,056
Jan 201401,54090.404.86$7,486
Dec 201301,91191.824.35$8,321
Nov 201301,75988.853.74$6,576
Oct 201302,02497.423.78$7,649
Sep 201302,479104.113.72$9,216
Aug 201302,871104.253.52$10,113
Jul 201302,397102.523.72$8,911
Jun 201301,79394.403.93$7,053
May 201301,83894.834.15$7,626
Apr 201301,56793.964.28$6,711
Mar 201301,92993.623.91$7,548
Feb 201302,06091.233.42$7,045
Jan 201302,10791.603.42$7,206
Dec 201202,07286.773.42$7,087
Nov 201201,37086.953.62$4,966
Oct 201202,28389.383.40$7,761
Sep 201202,45294.672.92$7,156
Aug 201202,12992.662.91$6,191
Jul 201202,22685.133.02$6,724
Jun 201202,04279.822.52$5,144
May 201202,57291.612.49$6,400
Apr 201202,275101.652.00$4,543
Mar 201202,622105.052.22$5,826
Feb 201202,567101.102.57$6,598
Jan 201202,76598.092.73$7,560
Dec 201102,83796.873.24$9,191
Nov 201102,44695.723.31$8,099
Oct 201102,53484.983.65$9,245
Sep 201102,71083.623.99$10,802
Aug 201102,74083.404.15$11,369
Jul 201102,43494.144.52$10,995
Jun 201102,34592.904.64$10,881
May 201102,53198.134.40$11,149
Apr 201102,557105.964.33$11,080
Mar 201102,66596.364.06$10,813
Feb 201102,70285.644.18$11,294
Jan 201102,62386.504.59$12,036
Dec 201003,41085.734.35$14,826
Nov 201003,28080.843.80$12,449
Oct 201003,37778.103.51$11,850
Sep 201003,25772.633.98$12,961
Aug 201003,36273.684.42$14,858
Jul 201003,29472.554.74$15,602
Jun 201001,92370.364.91$9,443
May 201002,42471.124.24$10,266
Apr 201002,42381.694.12$9,989
Mar 201002,76778.394.39$12,143
Feb 201002,33273.585.44$12,692
Jan 201002,50774.365.96$14,952
Dec 200902,17771.445.48$11,938
Nov 200902,09074.593.75$7,841
Oct 200902,24372.544.11$9,219
Sep 200902,25565.543.06$6,911
Aug 200902,73067.423.22$8,787
Jul 200903,29461.133.46$11,412
Jun 200902,98766.163.90$11,634
May 200902,13254.743.93$8,370
Apr 200903,32746.773.59$11,936
Mar 200902,63942.144.06$10,712
Feb 200902,56932.814.63$11,902
Jan 200903,04335.865.37$16,344
Dec 200802,66437.105.98$15,923
Nov 200801,95655.496.86$13,419
Oct 200802,31375.246.92$16,011
Sep 200803,238101.767.88$25,506
Aug 200803,647114.228.48$30,938
Jul 200802,673131.0811.39$30,444
Jun 200801,994131.3313.03$25,987
May 200802,877123.1711.57$33,299
Apr 200802,894110.3110.45$30,256
Mar 200802,467101.909.66$23,841
Feb 200801,75192.538.77$15,357
Jan 200801,81290.388.21$14,869
Dec 200701,80088.337.30$13,144
Nov 200702,81591.677.29$20,526
Oct 200702,55582.856.92$17,686
Sep 200702,09475.846.24$13,075
Aug 200701,76469.066.39$11,268
Jul 200701,97370.906.39$12,603
Jun 200702,33962.007.55$17,656
May 200703,17958.747.85$24,943
Apr 200702,63159.617.81$20,535
Mar 200702,79956.927.30$20,438
Feb 200702,37755.108.22$19,529
Jan 200702,71150.306.73$18,236
Dec 200603,18056.656.92$22,001
Nov 200613,49954.207.62$26,708
Oct 200603,48054.906.01$20,928
Sep 200603,47960.085.04$17,524
Aug 200603,62668.717.34$26,615
Jul 200604,14369.376.34$26,278
Jun 200603,95566.286.38$25,248
May 200603,45666.016.42$22,205
Apr 200603,11464.397.36$22,921
Mar 200603,32656.707.08$23,558
Feb 200602,91357.597.75$22,579
Jan 200603,45860.598.93$30,891
Dec 200503,20954.9413.42$43,050
Nov 200503,26554.6910.59$34,571
Oct 200503,38258.3413.80$46,657
Sep 200503,49861.4512.08$42,252
Aug 200503,55661.519.80$34,838
Jul 200503,64155.697.84$28,559
Jun 200503,50752.337.38$25,885
May 200503,83045.226.65$25,474
Apr 200503,57449.207.36$26,306
Mar 200503,36450.377.15$24,069
Feb 200503,37545.226.31$21,303
Jan 200503,74743.166.32$23,689
Dec 200403,99139.866.75$26,944
Nov 200403,98345.286.33$25,214
Oct 200404,11349.706.52$26,797
Sep 200403,10643.245.28$16,412
Aug 200403,52842.375.55$19,583
Jul 200403,75538.286.08$22,846
Jun 200403,62036.106.43$23,288
May 200413,57737.486.49$23,269
Apr 200403,21034.475.86$18,806
Mar 200403,27334.365.53$18,100
Feb 200402,67332.455.51$14,727
Jan 200432,69832.036.30$17,093
Dec 200302,54330.266.30$16,025
Nov 200302,49328.804.60$11,456
Oct 200303,06128.174.76$14,569
Sep 200303,48826.314.75$16,566
Aug 200303,73829.765.13$19,175
Jul 200304,56229.415.17$23,589
Jun 200304,40228.565.98$26,337
May 200304,84226.595.97$28,920
Apr 200304,10226.675.41$22,181
Mar 200304,14131.146.10$25,244
Feb 200303,72233.487.93$29,500
Jan 200304,09030.315.58$22,831
Dec 200204,11526.914.85$19,973
Nov 200203,88524.664.14$16,072
Oct 200204,48326.464.23$18,959
Sep 200204,57027.443.64$16,613
Aug 200204,72725.963.16$14,957
Jul 200204,53324.583.06$13,879
Jun 200204,98523.733.34$16,641
May 200204,41624.663.58$15,827
Apr 200203,64823.653.51$12,813
Mar 200204,11322.003.10$12,761
Feb 200203,90318.222.38$9,272
Jan 200214,59617.172.38$10,936
Dec 200104,27416.932.36$10,105
Nov 200104,27418.072.41$10,281
Oct 200104,38319.782.53$11,084
Sep 200104,13624.262.25$9,311
Aug 200104,34624.873.05$13,269
Jul 200104,34323.933.20$13,885
Jun 200104,80924.563.82$18,390
May 200103,98925.524.31$17,182
Apr 200104,76024.685.34$25,396
Mar 200105,04924.545.38$27,146
Feb 200104,29327.755.77$24,758
Jan 200104,57327.478.40$38,408
Dec 200005,12026.889.12$46,707
Nov 200005,25132.215.66$29,710
Oct 200005,43931.235.15$27,986
Sep 200005,26131.875.19$27,286
Aug 200005,36229.644.54$24,348
Jul 200005,44328.534.09$22,261
Jun 200005,49629.304.40$24,167
May 200005,60627.263.68$20,629
Apr 200005,31524.513.12$16,562
Mar 200005,09928.422.86$14,582
Feb 200015,21127.622.73$14,235
Jan 200006,18025.272.48$15,329
Dec 199906,31824.282.42$15,313
Nov 199905,43223.192.43$13,221
Oct 199905,55920.982.80$15,586
Sep 199905,66921.752.62$14,846
Aug 199906,06119.262.88$17,429
Jul 199906,18417.892.37$14,671
Jun 199906,17815.942.36$14,593
May 199906,38415.792.32$14,817
Apr 199906,25615.102.21$13,814
Mar 199905,79812.471.84$10,659
Feb 199904,2139.981.82$7,658
Jan 199905,59910.381.90$10,638
Dec 199806,2169.201.77$11,023
Nov 199806,38510.892.19$13,956
Oct 199806,61112.421.97$13,018
Sep 199806,18412.592.08$12,879
Aug 199816,40811.301.91$12,234
Jul 199806,62111.742.24$14,813
Jun 199807,20911.242.24$16,128
May 199807,73412.622.21$17,064
Apr 199818,25413.042.51$20,692
Mar 199807,39112.802.31$17,069
Feb 199807,22413.952.30$16,609
Jan 199808,32914.702.15$17,947
Dec 199708,73816.322.41$21,068
Nov 199706,84218.193.09$21,130
Oct 199717,82319.253.15$24,660
Sep 199708,06517.742.95$23,831
Aug 199707,88017.862.55$20,131
Jul 199719,30417.582.25$20,923
Jun 199707,72117.242.26$17,428
May 199719,73418.972.31$22,490
Apr 199708,92217.882.08$18,583
Mar 199718,85418.951.94$17,188
Feb 199718,46720.492.21$18,698
Jan 199709,53623.483.54$33,755
Dec 199619,55823.32$23
Nov 199609,91521.97$0
Oct 1996010,37523.31$0
Sep 1996010,62522.22$0
Aug 1996011,01020.26$0
Jul 1996012,30019.55$0
Jun 1996012,15218.73$0
May 1996012,17519.43$0
Apr 1996011,97721.51$0
Mar 1996012,61219.38$0
Feb 1996011,65216.98$0
Jan 1996014,71417.07$0
Dec 1995014,10917.19$0
Nov 1995015,23816.00$0
Oct 1995116,56715.43$15
Sep 1995014,52916.18$0
Aug 1995015,45315.92$0
Jul 1995016,56115.24$0
Jun 1995116,65216.41$16
May 1995117,68717.56$18
Apr 1995118,56417.73$18
Mar 1995121,10916.44$16
Feb 1995018,71916.58$0
Jan 1995022,40915.92$0
Dec 1994024,65515.03$0
Nov 1994226,91615.90$32
Oct 1994032,53815.58$0
Sep 1994042,26015.29$0
Aug 1994043,24116.13$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                8,320 Mcf  × $  3.05 =    $25,341

────────────────────────────────────────────────────
Month total                                  $25,341

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/150710 is the state's own key, not one this site invented.