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 151206District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$633 k
Aug 1994 – May 2026
Value, last 12 filed months
$10 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 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 Gas112001-08-21144542
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
CondensateDisposition91 bbl$1,584
GasProduction295,912 Mcf$631,864
Total$633,448

143,545 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 27.2779, -99.3673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27786, -99.36731 · 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
Aug 1994
1 of 1 wells

1 well

42-5053318459,600 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 20260240106.413.05$731
Apr 2026023098.932.87$660
Mar 2026027589.753.15$866
Feb 2026015063.503.75$563
Jan 2026026459.138.00$2,111
Dec 2025013156.664.41$578
Nov 2025034358.593.93$1,347
Oct 2025080859.383.30$2,670
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202507560.553.23$242
Apr 2025020462.363.54$723
Mar 2025020067.704.27$854
Feb 2025017970.884.34$777
Jan 2025015674.324.28$667
Dec 2024018268.993.12$568
Nov 2024018569.052.20$407
Oct 2024019971.372.28$454
Sep 2024022569.612.36$532
Aug 2024026075.632.06$537
Jul 2024020679.932.15$442
Jun 2024022978.082.63$603
May 2024025778.812.20$565
Apr 2024024384.451.66$403
Mar 2024026580.301.55$409
Feb 2024028676.091.78$510
Jan 2024030273.023.30$996
Dec 2023030371.262.61$791
Nov 2023028577.892.81$800
Oct 2023031485.443.09$969
Sep 2023036589.042.74$998
Aug 2023028380.522.67$756
Jul 2023040374.852.64$1,065
Jun 2023034468.962.26$777
May 2023034970.622.23$777
Apr 2023040078.122.24$895
Mar 2023028372.852.39$677
Feb 2023017675.112.47$434
Jan 2023026176.533.39$884
Dec 2022022276.415.73$1,272
Nov 2022028185.005.65$1,587
Oct 2022026787.185.86$1,566
Sep 2022026684.888.16$2,172
Aug 2022033294.529.13$3,030
Jul 20220282101.587.54$2,127
Jun 20220282115.097.98$2,250
May 20220233109.378.43$1,965
Apr 20220221104.226.84$1,511
Mar 20220203108.885.08$1,031
Feb 2022019891.054.86$962
Jan 2022024281.844.54$1,098
Dec 2021029871.323.90$1,162
Nov 2021021577.435.24$1,126
Oct 2021026979.795.71$1,537
Sep 2021021369.865.35$1,140
Aug 2021037066.024.22$1,562
Jul 2021029370.783.98$1,167
Jun 2021032369.493.38$1,092
May 2021024663.483.02$742
Apr 2021017660.362.76$485
Mar 2021032461.302.72$880
Feb 2021018857.805.55$1,043
Jan 2021027750.412.81$778
Dec 2020020244.642.68$540
Nov 2020030538.772.71$826
Oct 2020036536.972.48$905
Sep 2020025237.091.99$502
Aug 2020021239.982.39$506
Jul 2020021238.371.83$387
Jun 2020031634.901.69$534
May 2020035616.921.81$646
Apr 2020029214.751.80$527
Mar 2020030630.341.86$568
Feb 2020028349.881.98$561
Jan 2020036757.252.09$769
Dec 2019030259.012.30$696
Nov 2019029355.302.75$806
Oct 2019028953.472.42$699
Sep 2019036155.052.66$959
Aug 2019040153.112.30$924
Jul 2019035256.272.46$866
Jun 2019025552.782.49$635
May 2019036358.482.74$995
Apr 2019030262.632.75$831
Mar 2019034556.803.06$1,056
Feb 2019038550.852.79$1,075
Jan 2019043546.033.23$1,404
Dec 2018038646.594.19$1,616
Nov 2018043952.934.24$1,860
Oct 2018042561.443.40$1,444
Sep 2018043659.543.11$1,355
Aug 2018028659.403.07$877
Jul 2018031665.142.93$926
Jun 2018022760.183.08$698
May 2018034165.382.90$989
Apr 2018039963.842.90$1,157
Mar 2018038661.222.79$1,076
Feb 2018038061.782.77$1,051
Jan 2018044862.874.01$1,796
Dec 2017040157.272.92$1,172
Nov 2017033855.423.12$1,054
Oct 2017041449.292.98$1,235
Sep 2017023447.523.09$722
Aug 2017030245.373.00$907
Jul 2017041043.873.09$1,266
Jun 2017039142.493.09$1,207
May 2017028245.373.26$920
Apr 2017027647.933.21$886
Mar 2017038146.772.98$1,137
Feb 2017042050.452.95$1,240
Jan 2017030149.413.42$1,029
Dec 2016052448.763.72$1,951
Nov 2016022842.492.64$603
Oct 2016060646.193.09$1,873
Sep 2016070741.553.10$2,192
Aug 2016034641.442.92$1,012
Jul 201603641.622.92$105
Jun 201601845.352.69$48
May 201602342.521.99$46
Apr 201604736.561.99$94
Mar 2016052733.011.79$945
Feb 2016016826.472.06$347
Jan 2016095627.352.36$2,260
Dec 201501,15032.362.00$2,302
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150240.162.87$6
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201502855.212.96$83
Apr 2015052349.822.71$1,416
Mar 2015026442.892.93$775
Feb 2015012644.662.98$375
Jan 2015058743.433.10$1,820
Dec 2014097554.693.59$3,502
Nov 201401,53370.464.25$6,518
Oct 20140078.303.90$0
Sep 2014014886.164.05$599
Aug 2014010289.394.04$412
Jul 201408296.564.18$343
Jun 201405698.164.74$265
May 201408194.734.73$383
Apr 201405595.944.81$265
Mar 20140195.895.06$5
Feb 2014078897.406.19$4,879
Jan 2014013090.404.86$632
Dec 2013017691.824.35$766
Nov 201301,36188.853.74$5,088
Oct 2013072097.423.78$2,721
Sep 201300104.113.72$0
Aug 201302104.253.52$7
Jul 20130163102.523.72$606
Jun 2013041694.403.93$1,636
May 2013099794.834.15$4,137
Apr 201302993.964.28$124
Mar 201307893.623.91$305
Feb 2013010791.233.42$366
Jan 2013050591.603.42$1,727
Dec 201201,10286.773.42$3,769
Nov 2012015886.953.62$573
Oct 2012015889.383.40$537
Sep 2012015894.672.92$461
Aug 2012017092.662.91$494
Jul 2012032285.133.02$973
Jun 2012011879.822.52$297
May 2012098591.612.49$2,451
Apr 20120378101.652.00$755
Mar 20120153105.052.22$340
Feb 20120141101.102.57$362
Jan 2012019698.092.73$536
Dec 2011018796.873.24$606
Nov 2011016695.723.31$550
Oct 2011017784.983.65$646
Sep 201101,17083.623.99$4,663
Aug 2011026983.404.15$1,116
Jul 201104794.144.52$212
Jun 201107992.904.64$367
May 201105798.134.40$251
Apr 20110314105.964.33$1,361
Mar 2011016596.364.06$669
Feb 2011014485.644.18$602
Jan 2011017686.504.59$808
Dec 2010043885.734.35$1,904
Nov 201009680.843.80$364
Oct 2010046978.103.51$1,646
Sep 2010070872.633.98$2,817
Aug 201001,56073.684.42$6,894
Jul 2010068172.554.74$3,226
Jun 2010020770.364.91$1,016
May 2010019971.124.24$843
Apr 2010023081.694.12$948
Mar 2010022378.394.39$979
Feb 2010015773.585.44$854
Jan 2010071774.365.96$4,276
Dec 200902,02371.445.48$11,094
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200901,43061.133.46$4,954
Jun 2009014566.163.90$565
May 2009013954.743.93$546
Apr 2009012546.773.59$448
Mar 20090142.144.06$4
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080237.105.98$12
Nov 20080155.496.86$7
Oct 20080475.246.92$28
Sep 200801,411101.767.88$11,115
Aug 20080234114.228.48$1,985
Jul 20080144131.0811.39$1,640
Jun 20080222131.3313.03$2,893
May 20080323123.1711.57$3,739
Apr 20080244110.3110.45$2,551
Mar 20080169101.909.66$1,633
Feb 2008019592.538.77$1,710
Jan 2008017690.388.21$1,444
Dec 200701,01088.337.30$7,375
Nov 2007031691.677.29$2,304
Oct 2007057882.856.92$4,001
Sep 2007012175.846.24$756
Aug 2007015269.066.39$971
Jul 2007034870.906.39$2,223
Jun 200701,17162.007.55$8,839
May 2007068158.747.85$5,343
Apr 2007096159.617.81$7,501
Mar 2007016356.927.30$1,190
Feb 2007026855.108.22$2,202
Jan 2007068750.306.73$4,621
Dec 2006038556.656.92$2,664
Nov 2006095854.207.62$7,298
Oct 2006014254.906.01$854
Sep 2006066360.085.04$3,340
Aug 2006026068.717.34$1,908
Jul 2006071269.376.34$4,516
Jun 2006086366.286.38$5,509
May 200601466.016.42$90
Apr 2006038364.397.36$2,819
Mar 2006047556.707.08$3,364
Feb 2006066957.597.75$5,186
Jan 2006029760.598.93$2,653
Dec 2005022854.9413.42$3,059
Nov 2005038254.6910.59$4,045
Oct 2005021458.3413.80$2,952
Sep 2005071961.4512.08$8,685
Aug 2005033061.519.80$3,233
Jul 200501,07855.697.84$8,455
Jun 200501452.337.38$103
May 200501,11545.226.65$7,416
Apr 200508549.207.36$626
Mar 200501,03850.377.15$7,427
Feb 2005065345.226.31$4,122
Jan 2005063443.166.32$4,008
Dec 2004034039.866.75$2,295
Nov 20040045.286.33$0
Oct 2004091549.706.52$5,961
Sep 2004044443.245.28$2,346
Aug 200406242.375.55$344
Jul 2004065638.286.08$3,991
Jun 2004023836.106.43$1,531
May 200401,37837.486.49$8,950
Apr 200402734.475.86$158
Mar 2004015634.365.53$863
Feb 2004014632.455.51$804
Jan 200401,32432.036.30$8,341
Dec 2003032030.266.30$2,017
Nov 200301,38928.804.60$6,383
Oct 2003035428.174.76$1,685
Sep 2003010426.314.75$494
Aug 2003015629.765.13$800
Jul 200301029.415.17$52
Jun 200303728.565.98$221
May 2003091626.595.97$5,471
Apr 2003029126.675.41$1,574
Mar 200308831.146.10$536
Feb 2003031033.487.93$2,457
Jan 2003064430.315.58$3,595
Dec 2002069326.914.85$3,364
Nov 2002022824.664.14$943
Oct 2002034426.464.23$1,455
Sep 200201,15927.443.64$4,213
Aug 200201,03625.963.16$3,278
Jul 2002040724.583.06$1,246
Jun 200201,61823.733.34$5,401
May 20020024.663.58$0
Apr 200208123.653.51$285
Mar 200202,35422.003.10$7,304
Feb 20020018.222.38$0
Jan 2002052117.172.38$1,238
Dec 2001015616.932.36$369
Nov 20010018.072.41$0
Oct 2001028419.782.53$718
Sep 200101,94424.262.25$4,377
Aug 200105624.873.05$171
Jul 2001035723.933.20$1,141
Jun 2001036624.563.82$1,400
May 2001031025.524.31$1,335
Apr 2001031124.685.34$1,659
Mar 2001163724.545.38$3,449
Feb 2001154627.755.77$3,177
Jan 2001356127.478.40$4,794
Dec 2000051126.889.12$4,662
Nov 200001,00632.215.66$5,692
Oct 2000054231.235.15$2,789
Sep 200001,43831.875.19$7,458
Aug 2000097729.644.54$4,436
Jul 2000069228.534.09$2,830
Jun 200011,40329.304.40$6,199
May 2000080027.263.68$2,944
Apr 200001,52924.513.12$4,764
Mar 2000049928.422.86$1,427
Feb 2000034427.622.73$938
Jan 200001,40325.272.48$3,480
Dec 1999046324.282.42$1,122
Nov 1999076223.192.43$1,855
Oct 199901,15320.982.80$3,233
Sep 1999043821.752.62$1,147
Aug 199901,35319.262.88$3,891
Jul 199901,15417.892.37$2,738
Jun 1999071715.942.36$1,694
May 1999045015.792.32$1,044
Apr 1999040115.102.21$885
Mar 199901,17112.471.84$2,153
Feb 199903529.981.82$640
Jan 1999040810.381.90$775
Dec 199815879.201.77$1,050
Nov 1998057810.892.19$1,263
Oct 199801,76112.421.97$3,468
Sep 1998046012.592.08$958
Aug 1998051111.301.91$975
Jul 1998063811.742.24$1,427
Jun 199801,73311.242.24$3,877
May 1998068512.622.21$1,511
Apr 1998172513.042.51$1,829
Mar 1998171812.802.31$1,671
Feb 199801,90613.952.30$4,382
Jan 1998063214.702.15$1,362
Dec 1997953216.322.41$1,430
Nov 1997063818.193.09$1,970
Oct 1997075319.253.15$2,372
Sep 199701,06017.742.95$3,132
Aug 199701,56117.862.55$3,988
Jul 199701,19017.582.25$2,674
Jun 199701,37817.242.26$3,110
May 1997058618.972.31$1,353
Apr 1997188417.882.08$1,859
Mar 1997176518.951.94$1,502
Feb 1997185520.492.21$1,907
Jan 1997093923.483.54$3,324
Dec 199611,21423.32$23
Nov 199631,26221.97$66
Oct 199611,19023.31$23
Sep 1996295122.22$44
Aug 199621,83620.26$41
Jul 199601,64119.55$0
Jun 199602,40418.73$0
May 1996033919.43$0
Apr 199601,22121.51$0
Mar 1996089719.38$0
Feb 199641,80716.98$68
Jan 199661,37817.07$102
Dec 199501,16117.19$0
Nov 199501,64116.00$0
Oct 199522,82115.43$31
Sep 199503,31616.18$0
Aug 199513,06415.92$16
Jul 199504,14915.24$0
Jun 199525,69316.41$33
May 199506,19717.56$0
Apr 199516,15817.73$18
Mar 199507,27016.44$0
Feb 199505,16616.58$0
Jan 199506,68115.92$0
Dec 199408,73715.03$0
Nov 19944511,21015.90$716
Oct 1994017,39215.58$0
Sep 1994034,05315.29$0
Aug 199402,69616.13$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                  240 Mcf  × $  3.05 =       $731

────────────────────────────────────────────────────
Month total                                     $731

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/151206 is the state's own key, not one this site invented.