CARR

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 150939District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Aug 1994 – May 2026
Value, last 12 filed months
$38 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 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 Gas111994-10-04130631
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
CondensateDisposition16,004 bbl$322,707
GasProduction1,994,479 Mcf$3,261,966
Total$3,584,673

1,103,745 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 27.7220, -99.0213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72203, -99.02132 · 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
10,000 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 10,000 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-4793610810310,000 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 20260130106.413.05$396
Apr 2026051198.932.87$1,466
Mar 2026073489.753.15$2,312
Feb 2026066863.503.75$2,505
Jan 2026052559.138.00$4,199
Dec 2025067756.664.41$2,988
Nov 2025075258.593.93$2,953
Oct 2025086659.383.30$2,862
Sep 202510087862.743.08$8,976
Aug 2025094763.933.01$2,855
Jul 2025098966.743.32$3,279
Jun 2025094966.483.13$2,969
May 2025094160.553.23$3,042
Apr 2025094562.363.54$3,348
Mar 202501,09167.704.27$4,657
Feb 2025097870.884.34$4,245
Jan 202501,32474.324.28$5,665
Dec 202401,32568.993.12$4,136
Nov 202401,43969.052.20$3,164
Oct 202401,65571.372.28$3,776
Sep 202401,72069.612.36$4,067
Aug 202401,63575.632.06$3,374
Jul 2024036879.932.15$790
Jun 2024044378.082.63$1,167
May 2024075778.812.20$1,664
Apr 2024080584.451.66$1,336
Mar 2024036180.301.55$558
Feb 2024032976.091.78$587
Jan 2024035573.023.30$1,171
Dec 2023033171.262.61$864
Nov 2023035477.892.81$994
Oct 2023041385.443.09$1,275
Sep 2023063789.042.74$1,742
Aug 2023066380.522.67$1,772
Jul 2023071374.852.64$1,884
Jun 2023076668.962.26$1,730
May 2023074670.622.23$1,662
Apr 2023078178.122.24$1,748
Mar 2023056672.852.39$1,355
Feb 2023089175.112.47$2,197
Jan 202301,18376.533.39$4,008
Dec 2022082076.415.73$4,698
Nov 2022072285.005.65$4,077
Oct 2022079387.185.86$4,650
Sep 2022060284.888.16$4,915
Aug 2022039594.529.13$3,605
Jul 202201,013101.587.54$7,640
Jun 20220829115.097.98$6,613
May 20220765109.378.43$6,451
Apr 20220802104.226.84$5,484
Mar 20220661108.885.08$3,356
Feb 2022050891.054.86$2,468
Jan 2022089281.844.54$4,048
Dec 202101,36271.323.90$5,311
Nov 202101,72677.435.24$9,039
Oct 202101,56179.795.71$8,919
Sep 202101,36869.865.35$7,320
Aug 202101,32266.024.22$5,580
Jul 2021074270.783.98$2,955
Jun 2021052069.493.38$1,758
May 2021045263.483.02$1,364
Apr 2021011960.362.76$328
Mar 2021011061.302.72$299
Feb 2021042157.805.55$2,336
Jan 2021030550.412.81$857
Dec 2020019044.642.68$508
Nov 2020024138.772.71$652
Oct 2020045636.972.48$1,130
Sep 2020046437.091.99$924
Aug 2020085039.982.39$2,027
Jul 2020073838.371.83$1,347
Jun 202001,28834.901.69$2,177
May 202001,42016.921.81$2,577
Apr 202001,97614.751.80$3,565
Mar 202001,92730.341.86$3,577
Feb 202001,15849.881.98$2,294
Jan 2020069257.252.09$1,450
Dec 201901,65559.012.30$3,814
Nov 201901,47755.302.75$4,063
Oct 2019037053.472.42$895
Sep 2019088655.052.66$2,354
Aug 201901,53553.112.30$3,537
Jul 2019098456.272.46$2,421
Jun 2019099052.782.49$2,466
May 2019086958.482.74$2,381
Apr 2019046062.632.75$1,265
Mar 2019042756.803.06$1,308
Feb 2019072650.852.79$2,027
Jan 2019041646.033.23$1,343
Dec 2018012746.594.19$532
Nov 2018016152.934.24$682
Oct 2018032561.443.40$1,104
Sep 2018020559.543.11$637
Aug 2018060659.403.07$1,858
Jul 201801,27565.142.93$3,738
Jun 2018054360.183.08$1,671
May 2018087665.382.90$2,541
Apr 2018048363.842.90$1,401
Mar 2018029861.222.79$830
Feb 2018052161.782.77$1,441
Jan 2018029462.874.01$1,179
Dec 2017059457.272.92$1,735
Nov 2017070655.423.12$2,202
Oct 2017043649.292.98$1,301
Sep 2017053447.523.09$1,649
Aug 201701,02745.373.00$3,086
Jul 201701,25843.873.09$3,884
Jun 201701,06342.493.09$3,282
May 201701,08045.373.26$3,524
Apr 2017096047.933.21$3,083
Mar 2017092546.772.98$2,760
Feb 201701,00350.452.95$2,961
Jan 201701,26849.413.42$4,335
Dec 201601,48448.763.72$5,525
Nov 201601,53542.492.64$4,059
Oct 2016631,61546.193.09$7,901
Sep 201601,44441.553.10$4,477
Aug 201601,79041.442.92$5,235
Jul 201601,59341.622.92$4,658
Jun 201601,75645.352.69$4,716
May 201602,07642.521.99$4,133
Apr 201602,21936.561.99$4,418
Mar 201602,52233.011.79$4,524
Feb 2016942,54126.472.06$7,732
Jan 2016222,82427.352.36$7,279
Dec 201503,65332.362.00$7,311
Nov 201503,74238.792.17$8,110
Oct 2015864,07643.552.43$13,636
Sep 201504,24942.992.76$11,721
Aug 201502,89940.162.87$8,327
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201502644.662.98$77
Jan 201504443.433.10$136
Dec 201405054.693.59$180
Nov 201404970.464.25$208
Oct 201404778.303.90$183
Sep 201404586.164.05$182
Aug 201405289.394.04$210
Jul 201406696.564.18$276
Jun 201402998.164.74$137
May 201406994.734.73$326
Apr 2014012795.944.81$611
Mar 201407195.895.06$359
Feb 201406097.406.19$372
Jan 201409990.404.86$481
Dec 2013011191.824.35$483
Nov 2013022588.853.74$841
Oct 201301,19597.423.78$4,516
Sep 20130850104.113.72$3,160
Aug 20130661104.253.52$2,328
Jul 20130120102.523.72$446
Jun 2013011494.403.93$448
May 2013015294.834.15$631
Apr 2013018993.964.28$809
Mar 2013072593.623.91$2,837
Feb 201301,24891.233.42$4,268
Jan 201301,22791.603.42$4,196
Dec 201201,71186.773.42$5,852
Nov 201201,02786.953.62$3,723
Oct 201201,64289.383.40$5,582
Sep 2012064294.672.92$1,874
Aug 201201,66392.662.91$4,836
Jul 2012089785.133.02$2,710
Jun 201201,95379.822.52$4,920
May 201202,12491.612.49$5,285
Apr 2012781,677101.652.00$11,277
Mar 201202,144105.052.22$4,764
Feb 201201,625101.102.57$4,177
Jan 201202,05498.092.73$5,616
Dec 201102,29796.873.24$7,442
Nov 201102,66295.723.31$8,815
Oct 2011017284.983.65$628
Sep 201101,22383.623.99$4,875
Aug 201101,87983.404.15$7,797
Jul 2011661,55894.144.52$13,251
Jun 201101,96792.904.64$9,127
May 201101,75298.134.40$7,717
Apr 201101,924105.964.33$8,337
Mar 201101,45996.364.06$5,920
Feb 201101,89485.644.18$7,917
Jan 201102,14386.504.59$9,834
Dec 2010732,45385.734.35$16,923
Nov 201002,12780.843.80$8,073
Oct 2010057478.103.51$2,014
Sep 201001,41172.633.98$5,615
Aug 2010028673.684.42$1,264
Jul 2010084672.554.74$4,007
Jun 2010043270.364.91$2,121
May 201001,14271.124.24$4,837
Apr 2010062181.694.12$2,560
Mar 2010088178.394.39$3,866
Feb 201001,10973.585.44$6,036
Jan 201001,55574.365.96$9,274
Dec 200901,24371.445.48$6,816
Nov 200901,94174.593.75$7,282
Oct 200901,30772.544.11$5,372
Sep 2009052965.543.06$1,621
Aug 2009561,08567.423.22$7,268
Jul 2009046861.133.46$1,621
Jun 200901,73866.163.90$6,770
May 2009070054.743.93$2,748
Apr 2009066846.773.59$2,396
Mar 200901,33142.144.06$5,403
Feb 200901,69032.814.63$7,830
Jan 200902,17735.865.37$11,693
Dec 200801,91237.105.98$11,428
Nov 200802,33255.496.86$15,998
Oct 200802,28775.246.92$15,831
Sep 200802,424101.767.88$19,094
Aug 200802,531114.228.48$21,471
Jul 200802,168131.0811.39$24,692
Jun 200801,739131.3313.03$22,664
May 200801,980123.1711.57$22,917
Apr 200801,175110.3110.45$12,284
Mar 200801101.909.66$10
Feb 20080092.538.77$0
Jan 200801,20990.388.21$9,921
Dec 2007651,03588.337.30$13,299
Nov 200701,01391.677.29$7,386
Oct 200702,22282.856.92$15,381
Sep 2007064575.846.24$4,027
Aug 200701,67969.066.39$10,725
Jul 20070070.906.39$0
Jun 200701,56662.007.55$11,821
May 20070458.747.85$31
Apr 200703,67059.617.81$28,645
Mar 200701,09056.927.30$7,959
Feb 200701,53255.108.22$12,587
Jan 2007054250.306.73$3,646
Dec 200601,54456.656.92$10,682
Nov 200603,39854.207.62$25,884
Oct 2006060054.906.01$3,608
Sep 2006028460.085.04$1,431
Aug 2006040268.717.34$2,951
Jul 200608569.376.34$539
Jun 2006016766.286.38$1,066
May 20067036766.016.42$6,979
Apr 2006037364.397.36$2,745
Mar 2006028456.707.08$2,012
Feb 2006031057.597.75$2,403
Jan 2006042860.598.93$3,823
Dec 200501,08154.9413.42$14,502
Nov 200502,01154.6910.59$21,293
Oct 200501,65358.3413.80$22,804
Sep 200502,57061.4512.08$31,043
Aug 200501,61061.519.80$15,773
Jul 200502,74655.697.84$21,539
Jun 200503,24652.337.38$23,959
May 2005563,18145.226.65$23,690
Apr 200502,12549.207.36$15,641
Mar 200501,61050.377.15$11,519
Feb 200502,37245.226.31$14,972
Jan 200503,88243.166.32$24,543
Dec 2004263,50039.866.75$24,665
Nov 2004012045.286.33$760
Oct 200402,11249.706.52$13,760
Sep 2004384,78243.245.28$26,911
Aug 200404,27442.375.55$23,724
Jul 2004454,37438.286.08$28,335
Jun 200401,78336.106.43$11,470
May 2004037437.486.49$2,429
Apr 200402,61834.475.86$15,337
Mar 200402,65434.365.53$14,677
Feb 2004451,08332.455.51$7,427
Jan 200405,21132.036.30$32,827
Dec 2003057030.266.30$3,592
Nov 2003024828.804.60$1,140
Oct 2003050528.174.76$2,404
Sep 200301,14626.314.75$5,443
Aug 200301,52129.765.13$7,802
Jul 2003381,64829.415.17$9,639
Jun 200301,78828.565.98$10,698
May 200302,72126.595.97$16,252
Apr 2003593,01526.675.41$17,876
Mar 200303,09131.146.10$18,843
Feb 200301,62233.487.93$12,856
Jan 200302,90430.315.58$16,210
Dec 200201,37926.914.85$6,693
Nov 200201,76524.664.14$7,302
Oct 200289026.464.23$2,355
Sep 200201,28427.443.64$4,668
Aug 200204,27025.963.16$13,511
Jul 200203,59624.583.06$11,010
Jun 200202,05523.733.34$6,860
May 200202,64324.663.58$9,473
Apr 200201,79023.653.51$6,287
Mar 200203,83622.003.10$11,902
Feb 2002785,01518.222.38$13,335
Jan 200205,39317.172.38$12,812
Dec 2001925,73316.932.36$15,113
Nov 200105,49418.072.41$13,216
Oct 200106,06819.782.53$15,345
Sep 200106,36624.262.25$14,332
Aug 20011066,90024.873.05$23,703
Jul 200107,27623.933.20$23,262
Jun 200105,39524.563.82$20,631
May 2001786,43125.524.31$29,691
Apr 200107,88124.685.34$42,048
Mar 20011247,16324.545.38$41,554
Feb 200106,06827.755.77$34,995
Jan 200105,09827.478.40$42,817
Dec 200007,01626.889.12$64,003
Nov 2000778,03432.215.66$47,937
Oct 200007,45731.235.15$38,370
Sep 20001359,24131.875.19$52,231
Aug 2000010,38729.644.54$47,165
Jul 200012610,44828.534.09$46,324
Jun 200004,72629.304.40$20,781
May 200005,93127.263.68$21,825
Apr 200006,46124.513.12$20,132
Mar 200003,02628.422.86$8,654
Feb 200004,37227.622.73$11,920
Jan 20001257,06225.272.48$20,676
Dec 199907,52724.282.42$18,243
Nov 199905,63723.192.43$13,720
Oct 199908,46620.982.80$23,736
Sep 199903,01921.752.62$7,906
Aug 19991418,23219.262.88$26,388
Jul 199903,79317.892.37$8,998
Jun 199904,94315.942.36$11,676
May 199907,26615.792.32$16,865
Apr 1999479,19215.102.21$21,006
Mar 1999715,64012.471.84$11,254
Feb 199908,1409.981.82$14,797
Jan 19991235,95610.381.90$12,593
Dec 199806,3589.201.77$11,275
Nov 19981137,84510.892.19$18,378
Oct 199808,51512.421.97$16,768
Sep 199808,00912.592.08$16,680
Aug 199810911,58411.301.91$23,326
Jul 1998012,18111.742.24$27,252
Jun 19981169,58311.242.24$22,744
May 199809,65212.622.21$21,296
Apr 19981318,53513.042.51$23,091
Mar 199809,50012.802.31$21,940
Feb 199811710,08413.952.30$24,817
Jan 199808,62714.702.15$18,589
Dec 19971479,15616.322.41$24,475
Nov 199708,03018.193.09$24,799
Oct 1997848,44719.253.15$28,224
Sep 1997011,35217.742.95$33,544
Aug 19976813,24717.862.55$35,057
Jul 199717814,83017.582.25$36,451
Jun 1997013,80417.242.26$31,158
May 199720017,30518.972.31$43,743
Apr 19979117,69917.882.08$38,490
Mar 199713219,77618.951.94$40,850
Feb 199714618,82420.492.21$44,515
Jan 199714323,38523.483.54$86,134
Dec 1996225,73423.32$47
Nov 199616127,83321.97$3,537
Oct 199615829,50423.31$3,683
Sep 199615225,74122.22$3,377
Aug 199632123,97320.26$6,503
Jul 199614226,53019.55$2,776
Jun 199632528,25418.73$6,087
May 199632431,11719.43$6,295
Apr 199615632,05921.51$3,356
Mar 199649236,13319.38$9,535
Feb 199632738,64616.98$5,552
Jan 199634734,76817.07$5,923
Dec 199532131,90617.19$5,518
Nov 199548633,01016.00$7,776
Oct 199533335,87615.43$5,138
Sep 199551236,14516.18$8,284
Aug 199545840,41615.92$7,291
Jul 199550643,31215.24$7,711
Jun 199569045,90516.41$11,323
May 199566751,88517.56$11,713
Apr 199548746,98517.73$8,635
Mar 199564046,03416.44$10,522
Feb 199563548,71916.58$10,528
Jan 199563658,90915.92$10,125
Dec 199464662,36415.03$9,709
Nov 199455463,71715.90$8,809
Oct 199464349,58115.58$10,018
Sep 199460736,36315.29$9,281
Aug 1994912,32616.13$145

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                  130 Mcf  × $  3.05 =       $396

────────────────────────────────────────────────────
Month total                                     $396

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/150939 is the state's own key, not one this site invented.