L & P

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 151089District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
May 1994 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
385
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 Gas111994-10-14130247
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
CondensateDisposition122 bbl$2,274
GasProduction781,024 Mcf$1,962,407
Total$1,964,681

321,416 Mcf of this lease's gas, across 32 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 27.2541, -99.3411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25409, -99.34109 · 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
10,090 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 10,090 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-50533154110,090 ftMay 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 (385)

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

385 months

May 20260570106.413.05$1,736
Apr 2026058798.932.87$1,685
Mar 2026063989.753.15$2,012
Feb 2026056063.503.75$2,100
Jan 2026056359.138.00$4,503
Dec 2025061256.664.41$2,701
Nov 2025059958.593.93$2,352
Oct 2025044459.383.30$1,467
Sep 2025056062.743.08$1,723
Aug 2025061663.933.01$1,857
Jul 2025062066.743.32$2,055
Jun 2025062266.483.13$1,946
May 2025065260.553.23$2,107
Apr 2025065762.363.54$2,328
Mar 2025072567.704.27$3,095
Feb 2025049270.884.34$2,136
Jan 2025062674.324.28$2,678
Dec 2024061068.993.12$1,904
Nov 2024061769.052.20$1,356
Oct 2024062871.372.28$1,433
Sep 2024054569.612.36$1,289
Aug 2024051175.632.06$1,055
Jul 2024047179.932.15$1,011
Jun 2024064978.082.63$1,709
May 2024037778.812.20$829
Apr 2024059184.451.66$981
Mar 2024047580.301.55$734
Feb 2024050376.091.78$897
Jan 2024058773.023.30$1,936
Dec 2023066871.262.61$1,744
Nov 2023059677.892.81$1,673
Oct 2023065385.443.09$2,016
Sep 2023064189.042.74$1,753
Aug 2023068880.522.67$1,839
Jul 2023072974.852.64$1,926
Jun 2023071368.962.26$1,610
May 2023052270.622.23$1,163
Apr 2023055178.122.24$1,233
Mar 2023070772.852.39$1,692
Feb 2023063475.112.47$1,563
Jan 2023066576.533.39$2,253
Dec 2022074676.415.73$4,274
Nov 2022074385.005.65$4,195
Oct 2022068087.185.86$3,987
Sep 2022048384.888.16$3,943
Aug 2022061694.529.13$5,622
Jul 20220753101.587.54$5,679
Jun 20220659115.097.98$5,257
May 20220635109.378.43$5,355
Apr 20220448104.226.84$3,063
Mar 20220622108.885.08$3,158
Feb 2022058191.054.86$2,823
Jan 2022076581.844.54$3,471
Dec 2021091671.323.90$3,572
Nov 2021078777.435.24$4,121
Oct 2021098279.795.71$5,611
Sep 2021075869.865.35$4,056
Aug 2021069866.024.22$2,946
Jul 2021071770.783.98$2,855
Jun 2021066969.493.38$2,262
May 2021073363.483.02$2,212
Apr 2021071560.362.76$1,972
Mar 2021065261.302.72$1,771
Feb 2021052057.805.55$2,885
Jan 2021084950.412.81$2,386
Dec 2020090444.642.68$2,419
Nov 2020097238.772.71$2,631
Oct 202001,42836.972.48$3,539
Sep 2020091137.091.99$1,814
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020090334.901.69$1,526
May 2020084216.921.81$1,528
Apr 2020083114.751.80$1,499
Mar 2020082430.341.86$1,530
Feb 2020078349.881.98$1,551
Jan 2020084557.252.09$1,770
Dec 2019084759.012.30$1,952
Nov 2019083555.302.75$2,297
Oct 2019087853.472.42$2,123
Sep 2019082955.052.66$2,203
Aug 2019086653.112.30$1,996
Jul 2019085656.272.46$2,106
Jun 2019081052.782.49$2,018
May 2019086958.482.74$2,381
Apr 2019087862.632.75$2,415
Mar 2019095556.803.06$2,924
Feb 2019079750.852.79$2,225
Jan 2019077246.033.23$2,492
Dec 2018075346.594.19$3,152
Nov 2018077452.934.24$3,280
Oct 2018086561.443.40$2,939
Sep 2018081659.543.11$2,536
Aug 2018086059.403.07$2,637
Jul 2018085565.142.93$2,507
Jun 2018079760.183.08$2,452
May 2018085265.382.90$2,471
Apr 2018093263.842.90$2,704
Mar 2018096961.222.79$2,700
Feb 2018089261.782.77$2,467
Jan 201801,00762.874.01$4,037
Dec 2017088957.272.92$2,597
Nov 2017090355.423.12$2,816
Oct 2017096049.292.98$2,864
Sep 201701,00647.523.09$3,106
Aug 2017082445.373.00$2,476
Jul 201701,00943.873.09$3,115
Jun 2017099942.493.09$3,084
May 201701,04845.373.26$3,420
Apr 2017096647.933.21$3,102
Mar 201701,00246.772.98$2,990
Feb 2017098850.452.95$2,917
Jan 2017098749.413.42$3,374
Dec 201601,00448.763.72$3,738
Nov 201601,04342.492.64$2,758
Oct 201601,15546.193.09$3,569
Sep 201601,12741.553.10$3,494
Aug 201601,49441.442.92$4,369
Jul 201601,02441.622.92$2,995
Jun 2016091745.352.69$2,463
May 201601,09042.521.99$2,170
Apr 2016095136.561.99$1,893
Mar 2016099633.011.79$1,787
Feb 2016099326.472.06$2,049
Jan 201601,02827.352.36$2,431
Dec 2015095932.362.00$1,919
Nov 2015099038.792.17$2,146
Oct 201501,13743.552.43$2,759
Sep 201501,05742.992.76$2,916
Aug 2015092040.162.87$2,643
Jul 2015091948.152.95$2,707
Jun 2015089056.152.88$2,566
May 2015092655.212.96$2,737
Apr 2015088649.822.71$2,398
Mar 201501,00942.892.93$2,961
Feb 2015091444.662.98$2,720
Jan 201501,14443.433.10$3,547
Dec 2014079954.693.59$2,870
Nov 2014073570.464.25$3,125
Oct 201401,05678.303.90$4,119
Sep 2014092486.164.05$3,738
Aug 2014090889.394.04$3,664
Jul 201401,06896.564.18$4,464
Jun 201401,05898.164.74$5,012
May 201401,09394.734.73$5,166
Apr 201401,05195.944.81$5,054
Mar 201401,01495.895.06$5,128
Feb 2014092597.406.19$5,728
Jan 201401,20690.404.86$5,862
Dec 201301,21291.824.35$5,278
Nov 201301,37388.853.74$5,133
Oct 201301,05497.423.78$3,983
Sep 20130905104.113.72$3,365
Aug 20130942104.253.52$3,318
Jul 20130982102.523.72$3,651
Jun 2013090694.403.93$3,564
May 2013093994.834.15$3,896
Apr 201301,01993.964.28$4,364
Mar 201301,20793.623.91$4,723
Feb 201301,11791.233.42$3,820
Jan 201301,29191.603.42$4,415
Dec 201201,23886.773.42$4,234
Nov 201201,32486.953.62$4,799
Oct 2012087989.383.40$2,988
Sep 201201,11194.672.92$3,242
Aug 201201,20192.662.91$3,493
Jul 201201,33885.133.02$4,042
Jun 201201,22579.822.52$3,086
May 201201,29091.612.49$3,210
Apr 201201,249101.652.00$2,494
Mar 201201,325105.052.22$2,944
Feb 201201,286101.102.57$3,305
Jan 201201,36598.092.73$3,732
Dec 201101,78896.873.24$5,793
Nov 201101,15395.723.31$3,818
Oct 201101,48084.983.65$5,400
Sep 2011097583.623.99$3,886
Aug 201101,03683.404.15$4,299
Jul 201101,11294.144.52$5,023
Jun 201101,04992.904.64$4,867
May 201101,12598.134.40$4,955
Apr 201101,282105.964.33$5,555
Mar 201101,68096.364.06$6,816
Feb 201101,52585.644.18$6,374
Jan 201101,38286.504.59$6,342
Dec 201001,68185.734.35$7,309
Nov 201001,09380.843.80$4,148
Oct 201001,50478.103.51$5,277
Sep 2010045372.633.98$1,803
Aug 201001,05873.684.42$4,676
Jul 201001,02472.554.74$4,850
Jun 2010092270.364.91$4,527
May 201001,05071.124.24$4,447
Apr 201001,06081.694.12$4,370
Mar 201001,36978.394.39$6,008
Feb 201001,63273.585.44$8,882
Jan 201001,28474.365.96$7,658
Dec 200901,43171.445.48$7,847
Nov 200901,92274.593.75$7,210
Oct 200901,33372.544.11$5,479
Sep 2009033565.543.06$1,027
Aug 200901,48867.423.22$4,789
Jul 200901,56661.133.46$5,425
Jun 200901,26566.163.90$4,927
May 200901,42154.743.93$5,578
Apr 200901,60646.773.59$5,762
Mar 200901,77242.144.06$7,193
Feb 200901,66232.814.63$7,700
Jan 200901,83835.865.37$9,872
Dec 200801,78937.105.98$10,693
Nov 200801,50155.496.86$10,297
Oct 200801,74975.246.92$12,107
Sep 200801,704101.767.88$13,423
Aug 200801,727114.228.48$14,650
Jul 200801,948131.0811.39$22,187
Jun 200802,149131.3313.03$28,007
May 200801,687123.1711.57$19,526
Apr 200801,956110.3110.45$20,450
Mar 200802,303101.909.66$22,256
Feb 200802,02592.538.77$17,760
Jan 200802,19890.388.21$18,036
Dec 200702,35288.337.30$17,174
Nov 200702,08091.677.29$15,167
Oct 200702,40682.856.92$16,654
Sep 200702,47575.846.24$15,454
Aug 200702,90669.066.39$18,563
Jul 200702,66470.906.39$17,017
Jun 200703,37962.007.55$25,506
May 200704,34058.747.85$34,053
Apr 200701,17459.617.81$9,163
Mar 2007045356.927.30$3,308
Feb 20070055.108.22$0
Jan 200701,40350.306.73$9,438
Dec 2006010156.656.92$699
Nov 2006035254.207.62$2,681
Oct 20060954.906.01$54
Sep 20060060.085.04$0
Aug 2006040268.717.34$2,951
Jul 200604269.376.34$266
Jun 200602566.286.38$160
May 200603066.016.42$193
Apr 2006016864.397.36$1,237
Mar 2006044156.707.08$3,124
Feb 2006077457.597.75$5,999
Jan 200601,03460.598.93$9,237
Dec 200501,14854.9413.42$15,401
Nov 200501,03754.6910.59$10,980
Oct 200502,19958.3413.80$30,337
Sep 200502,30461.4512.08$27,830
Aug 200502,00561.519.80$19,643
Jul 2005062255.697.84$4,879
Jun 200501,62252.337.38$11,972
May 200501,54245.226.65$10,256
Apr 200502,60549.207.36$19,174
Mar 200501,31850.377.15$9,430
Feb 200502145.226.31$133
Jan 200501,38843.166.32$8,775
Dec 200402,33939.866.75$15,791
Nov 200401,80445.286.33$11,420
Oct 2004092649.706.52$6,033
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200401,27638.286.08$7,763
Jun 2004030136.106.43$1,936
May 200401,08637.486.49$7,053
Apr 200401,56734.475.86$9,180
Mar 200402,38734.365.53$13,200
Feb 200401,28232.455.51$7,063
Jan 200402,52132.036.30$15,881
Dec 2003041630.266.30$2,621
Nov 200309828.804.60$450
Oct 2003056728.174.76$2,699
Sep 2003030726.314.75$1,458
Aug 2003093429.765.13$4,791
Jul 200301,61729.415.17$8,361
Jun 200301,49228.565.98$8,927
May 200301,49126.595.97$8,905
Apr 200301,58026.675.41$8,544
Mar 200301,03231.146.10$6,291
Feb 200301,76833.487.93$14,013
Jan 200301,60130.315.58$8,937
Dec 200201,77526.914.85$8,615
Nov 200201,34424.664.14$5,560
Oct 200201,03826.464.23$4,390
Sep 200201,08627.443.64$3,948
Aug 200201,89425.963.16$5,993
Jul 200201,50824.583.06$4,617
Jun 200201,98823.733.34$6,636
May 200202,24724.663.58$8,053
Apr 200201,86123.653.51$6,536
Mar 200202,10822.003.10$6,541
Feb 2002099618.222.38$2,366
Jan 200201,23517.172.38$2,934
Dec 200101,65716.932.36$3,918
Nov 200101,30418.072.41$3,137
Oct 200102,18419.782.53$5,523
Sep 200101,60324.262.25$3,609
Aug 200102,15124.873.05$6,567
Jul 200102,58023.933.20$8,248
Jun 200102,15224.563.82$8,230
May 200102,81025.524.31$12,104
Apr 200101,63824.685.34$8,739
Mar 200101,97224.545.38$10,602
Feb 200102,27427.755.77$13,114
Jan 200102,19327.478.40$18,418
Dec 200001,47626.889.12$13,465
Nov 200002,32832.215.66$13,172
Oct 200002,97731.235.15$15,318
Sep 200002,14531.875.19$11,125
Aug 200002,07229.644.54$9,408
Jul 200002,78628.534.09$11,394
Jun 200001,84729.304.40$8,122
May 200002,52427.263.68$9,288
Apr 200001,93824.513.12$6,039
Mar 200002,39228.422.86$6,841
Feb 2000077327.622.73$2,108
Jan 200052,70025.272.48$6,824
Dec 199922,13724.282.42$5,228
Nov 199902,24523.192.43$5,464
Oct 199902,32220.982.80$6,510
Sep 199922,59621.752.62$6,842
Aug 199901,85519.262.88$5,334
Jul 199902,78117.892.37$6,598
Jun 199902,83715.942.36$6,701
May 199902,43715.792.32$5,656
Apr 199902,84915.102.21$6,291
Mar 199903,15812.471.84$5,805
Feb 199908209.981.82$1,491
Jan 199901,04810.381.90$1,991
Dec 199801,7999.201.77$3,190
Nov 199812,61110.892.19$5,718
Oct 199801,49612.421.97$2,946
Sep 199802,87712.592.08$5,992
Aug 199802,96811.301.91$5,661
Jul 199801,99711.742.24$4,468
Jun 199822,72211.242.24$6,112
May 199802,77212.622.21$6,116
Apr 199802,77113.042.51$6,942
Mar 199803,03312.802.31$7,005
Feb 199802,89113.952.30$6,647
Jan 199802,66414.702.15$5,740
Dec 199702,88816.322.41$6,963
Nov 1997743,36918.193.09$11,750
Oct 199703,10219.253.15$9,771
Sep 199703,24317.742.95$9,583
Aug 199702,81917.862.55$7,202
Jul 199702,47617.582.25$5,563
Jun 199702,96917.242.26$6,702
May 199713,49118.972.31$8,078
Apr 199713,64117.882.08$7,601
Mar 199703,71718.951.94$7,208
Feb 199713,86520.492.21$8,546
Jan 199724,70323.483.54$16,694
Dec 199624,48923.32$47
Nov 199614,35221.97$22
Oct 199614,54623.31$23
Sep 199614,48822.22$22
Aug 199605,26020.26$0
Jul 199605,11419.55$0
Jun 199605,11318.73$0
May 199623,81919.43$39
Apr 199655,65221.51$108
Mar 199605,89119.38$0
Feb 199646,27416.98$68
Jan 199616,28417.07$17
Dec 199508,38817.19$0
Nov 199527,55016.00$32
Oct 199528,82015.43$31
Sep 199508,91216.18$0
Aug 199519,92215.92$16
Jul 1995110,34915.24$15
Jun 199529,48816.41$33
May 1995012,10317.56$0
Apr 1995111,85417.73$18
Mar 199558,70216.44$82
Feb 1995011,62616.58$0
Jan 1995013,70315.92$0
Dec 1994013,74015.03$0
Nov 1994011,56715.90$0
Oct 1994013,05715.58$0
Sep 1994014,13515.29$0
Aug 1994017,90516.13$0
Jul 1994020,64517.56$0
Jun 1994024,57917.09$0
May 1994023,08915.88$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                  570 Mcf  × $  3.05 =     $1,736

────────────────────────────────────────────────────
Month total                                   $1,736

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/151089 is the state's own key, not one this site invented.