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 152451District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$878 k
Dec 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
378
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 Gas111995-02-14131309
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
CondensateDisposition9 bbl$209
GasProduction484,305 Mcf$878,173
Total$878,382

272,486 Mcf of this lease's gas, across 25 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 26.9430, -99.2699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.94302, -99.26991 · 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
Dec 1994
1 of 1 wells

1 well

42-50533259410,800 ftDec 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 (378)

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

378 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202204115.097.98$32
May 2022034109.378.43$287
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200137.091.99$2
Aug 202001539.982.39$36
Jul 202004138.371.83$75
Jun 202004734.901.69$79
May 202005816.921.81$105
Apr 202005414.751.80$97
Mar 202006030.341.86$111
Feb 202007249.881.98$143
Jan 2020013457.252.09$281
Dec 201904359.012.30$99
Nov 20190355.302.75$8
Oct 20190253.472.42$5
Sep 20190355.052.66$8
Aug 20190853.112.30$18
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180446.594.19$17
Nov 20180052.934.24$0
Oct 20180961.443.40$31
Sep 201801459.543.11$44
Aug 201806859.403.07$209
Jul 2018016265.142.93$475
Jun 2018012160.183.08$372
May 2018076865.382.90$2,228
Apr 2018039263.842.90$1,137
Mar 2018041761.222.79$1,162
Feb 2018039161.782.77$1,082
Jan 2018041062.874.01$1,644
Dec 2017037257.272.92$1,087
Nov 2017032355.423.12$1,007
Oct 2017034349.292.98$1,023
Sep 2017040347.523.09$1,244
Aug 2017044345.373.00$1,331
Jul 2017042343.873.09$1,306
Jun 2017041142.493.09$1,269
May 2017042145.373.26$1,374
Apr 2017039647.933.21$1,272
Mar 2017040446.772.98$1,205
Feb 2017037150.452.95$1,095
Jan 2017043149.413.42$1,474
Dec 2016036248.763.72$1,348
Nov 2016035242.492.64$931
Oct 2016036346.193.09$1,122
Sep 2016035941.553.10$1,113
Aug 2016044741.442.92$1,307
Jul 2016046841.622.92$1,369
Jun 2016045745.352.69$1,227
May 2016050642.521.99$1,007
Apr 2016059436.561.99$1,183
Mar 2016049333.011.79$884
Feb 2016046226.472.06$953
Jan 2016048527.352.36$1,147
Dec 2015061632.362.00$1,233
Nov 2015053438.792.17$1,157
Oct 2015052643.552.43$1,276
Sep 2015055042.992.76$1,517
Aug 2015062940.162.87$1,807
Jul 2015060848.152.95$1,791
Jun 2015056556.152.88$1,629
May 2015061455.212.96$1,815
Apr 2015056149.822.71$1,518
Mar 2015059042.892.93$1,731
Feb 2015285344.662.98$2,628
Jan 2015036643.433.10$1,135
Dec 2014062054.693.59$2,227
Nov 2014082970.464.25$3,525
Oct 2014053978.303.90$2,103
Sep 2014078486.164.05$3,172
Aug 201402,30889.394.04$9,313
Jul 201401,43696.564.18$6,002
Jun 201401,30198.164.74$6,163
May 2014050494.734.73$2,382
Apr 2014057895.944.81$2,780
Mar 2014095895.895.06$4,844
Feb 2014089197.406.19$5,517
Jan 2014098590.404.86$4,788
Dec 2013060491.824.35$2,630
Nov 2013055188.853.74$2,060
Oct 2013052097.423.78$1,965
Sep 20130576104.113.72$2,141
Aug 20130604104.253.52$2,128
Jul 20130631102.523.72$2,346
Jun 2013056294.403.93$2,211
May 2013056294.834.15$2,332
Apr 2013048593.964.28$2,077
Mar 2013046593.623.91$1,819
Feb 2013047891.233.42$1,635
Jan 2013057091.603.42$1,949
Dec 2012055786.773.42$1,905
Nov 2012051786.953.62$1,874
Oct 2012054489.383.40$1,849
Sep 2012054994.672.92$1,602
Aug 2012058292.662.91$1,693
Jul 2012056385.133.02$1,701
Jun 2012051279.822.52$1,290
May 2012061491.612.49$1,528
Apr 20120612101.652.00$1,222
Mar 20120610105.052.22$1,355
Feb 20120575101.102.57$1,478
Jan 2012062898.092.73$1,717
Dec 2011060696.873.24$1,963
Nov 2011056695.723.31$1,874
Oct 2011062984.983.65$2,295
Sep 2011062983.623.99$2,507
Aug 2011062283.404.15$2,581
Jul 2011063994.144.52$2,887
Jun 2011062592.904.64$2,900
May 2011065498.134.40$2,881
Apr 20110653105.964.33$2,830
Mar 2011065396.364.06$2,649
Feb 2011060785.644.18$2,537
Jan 2011061886.504.59$2,836
Dec 2010068285.734.35$2,965
Nov 2010066080.843.80$2,505
Oct 2010067378.103.51$2,361
Sep 2010062972.633.98$2,503
Aug 2010063473.684.42$2,802
Jul 2010068172.554.74$3,226
Jun 2010049970.364.91$2,450
May 2010058171.124.24$2,461
Apr 2010056781.694.12$2,338
Mar 2010056978.394.39$2,497
Feb 2010051873.585.44$2,819
Jan 2010052874.365.96$3,149
Dec 2009061571.445.48$3,373
Nov 2009057774.593.75$2,165
Oct 2009063472.544.11$2,606
Sep 2009069265.543.06$2,121
Aug 2009075267.423.22$2,420
Jul 2009075261.133.46$2,605
Jun 2009088966.163.90$3,463
May 2009082554.743.93$3,239
Apr 2009080446.773.59$2,884
Mar 2009070242.144.06$2,849
Feb 2009064832.814.63$3,002
Jan 2009072235.865.37$3,878
Dec 2008074137.105.98$4,429
Nov 2008052355.496.86$3,588
Oct 2008062175.246.92$4,299
Sep 20080708101.767.88$5,577
Aug 20080720114.228.48$6,108
Jul 20080661131.0811.39$7,528
Jun 20080661131.3313.03$8,615
May 20080434123.1711.57$5,023
Apr 20080666110.3110.45$6,963
Mar 20080669101.909.66$6,465
Feb 2008057592.538.77$5,043
Jan 2008057590.388.21$4,718
Dec 2007064788.337.30$4,724
Nov 2007055591.677.29$4,047
Oct 2007072382.856.92$5,005
Sep 2007072975.846.24$4,552
Aug 2007062769.066.39$4,005
Jul 2007080870.906.39$5,161
Jun 2007056762.007.55$4,280
May 2007056058.747.85$4,394
Apr 2007056859.617.81$4,433
Mar 2007054856.927.30$4,001
Feb 2007060255.108.22$4,946
Jan 2007052250.306.73$3,511
Dec 2006062556.656.92$4,324
Nov 2006063954.207.62$4,868
Oct 2006055154.906.01$3,314
Sep 2006058760.085.04$2,957
Aug 2006054168.717.34$3,971
Jul 2006064969.376.34$4,116
Jun 2006067066.286.38$4,277
May 2006069266.016.42$4,446
Apr 2006055964.397.36$4,115
Mar 2006055656.707.08$3,938
Feb 2006051457.597.75$3,984
Jan 2006058560.598.93$5,226
Dec 2005057354.9413.42$7,687
Nov 2005052854.6910.59$5,591
Oct 2005054958.3413.80$7,574
Sep 2005055761.4512.08$6,728
Aug 2005059261.519.80$5,800
Jul 2005060755.697.84$4,761
Jun 2005059352.337.38$4,377
May 2005060445.226.65$4,017
Apr 2005060049.207.36$4,416
Mar 2005067150.377.15$4,801
Feb 2005075545.226.31$4,766
Jan 2005084243.166.32$5,323
Dec 2004083439.866.75$5,630
Nov 2004084545.286.33$5,349
Oct 2004090749.706.52$5,909
Sep 2004087443.245.28$4,618
Aug 2004080442.375.55$4,463
Jul 2004084838.286.08$5,159
Jun 2004086436.106.43$5,558
May 2004093837.486.49$6,092
Apr 2004072134.475.86$4,224
Mar 2004075434.365.53$4,170
Feb 2004054732.455.51$3,014
Jan 2004057632.036.30$3,629
Dec 2003059130.266.30$3,724
Nov 2003056228.804.60$2,582
Oct 2003063428.174.76$3,018
Sep 2003074926.314.75$3,557
Aug 2003086029.765.13$4,412
Jul 2003089329.415.17$4,618
Jun 2003089328.565.98$5,343
May 200301,03726.595.97$6,194
Apr 200301,06826.675.41$5,775
Mar 2003077531.146.10$4,724
Feb 2003071933.487.93$5,699
Jan 2003080630.315.58$4,499
Dec 2002083026.914.85$4,029
Nov 2002075424.664.14$3,119
Oct 200201,04026.464.23$4,398
Sep 2002089527.443.64$3,254
Aug 200201,06525.963.16$3,370
Jul 2002083924.583.06$2,569
Jun 2002092823.733.34$3,098
May 2002199924.663.58$3,605
Apr 2002066923.653.51$2,350
Mar 2002077022.003.10$2,389
Feb 2002082818.222.38$1,967
Jan 200201,12217.172.38$2,666
Dec 2001073816.932.36$1,745
Nov 2001075218.072.41$1,809
Oct 2001077519.782.53$1,960
Sep 2001076324.262.25$1,718
Aug 2001091624.873.05$2,797
Jul 2001087523.933.20$2,797
Jun 2001097224.563.82$3,717
May 200101,11125.524.31$4,785
Apr 2001089924.685.34$4,796
Mar 2001099224.545.38$5,333
Feb 2001084827.755.77$4,890
Jan 200101,10227.478.40$9,255
Dec 200001,07726.889.12$9,825
Nov 2000091332.215.66$5,166
Oct 2000099131.235.15$5,099
Sep 200001,12831.875.19$5,850
Aug 2000098729.644.54$4,482
Jul 2000099428.534.09$4,065
Jun 2000088429.304.40$3,887
May 2000089727.263.68$3,301
Apr 2000095124.513.12$2,963
Mar 200001,11828.422.86$3,197
Feb 2000097527.622.73$2,658
Jan 200001,14525.272.48$2,840
Dec 199901,16024.282.42$2,812
Nov 199901,04723.192.43$2,548
Oct 199901,11220.982.80$3,118
Sep 199901,10021.752.62$2,881
Aug 199901,18419.262.88$3,405
Jul 199901,21217.892.37$2,875
Jun 199901,17615.942.36$2,778
May 199901,27915.792.32$2,969
Apr 199901,20215.102.21$2,654
Mar 199901,17812.471.84$2,166
Feb 199909099.981.82$1,652
Jan 199901,19310.381.90$2,267
Dec 199801,8349.201.77$3,252
Nov 199801,56210.892.19$3,414
Oct 199802,45512.421.97$4,834
Sep 199801,41312.592.08$2,943
Aug 199811,36011.301.91$2,605
Jul 199801,34411.742.24$3,007
Jun 199801,46111.242.24$3,269
May 199801,69212.622.21$3,733
Apr 199802,00113.042.51$5,013
Mar 199801,70112.802.31$3,928
Feb 199802,65513.952.30$6,104
Jan 199802,38614.702.15$5,141
Dec 199701,93316.322.41$4,661
Nov 199701,57918.193.09$4,876
Oct 199701,72319.253.15$5,427
Sep 199701,89417.742.95$5,597
Aug 199702,71517.862.55$6,936
Jul 199702,13117.582.25$4,788
Jun 199701,99917.242.26$4,512
May 199702,16718.972.31$5,003
Apr 199712,22417.882.08$4,650
Mar 199703,21418.951.94$6,232
Feb 199701,63020.492.21$3,596
Jan 199701,73023.483.54$6,124
Dec 199602,22623.32$0
Nov 199602,79621.97$0
Oct 199603,21623.31$0
Sep 199603,13622.22$0
Aug 199603,68320.26$0
Jul 199604,33419.55$0
Jun 199604,40218.73$0
May 199604,56419.43$0
Apr 199604,09521.51$0
Mar 199604,71619.38$0
Feb 199604,75416.98$0
Jan 199606,38217.07$0
Dec 199505,75217.19$0
Nov 199504,50916.00$0
Oct 199506,19915.43$0
Sep 199507,25916.18$0
Aug 199509,04515.92$0
Jul 199506,96115.24$0
Jun 1995010,36816.41$0
May 1995112,06017.56$18
Apr 1995015,37017.73$0
Mar 1995122,54716.44$16
Feb 1995131,38916.58$17
Jan 1995046,88115.92$0
Dec 1994145,84215.03$15

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.

Jun 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                    4 Mcf  × $  7.98 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/152451 is the state's own key, not one this site invented.