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 154125District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Oct 1994 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
380
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 Gas112001-08-21144544
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
CondensateDisposition5,023 bbl$102,075
GasProduction5,208,975 Mcf$7,654,164
Total$7,756,239

3,662,644 Mcf of this lease's gas, across 27 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 27.2780, -99.3612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27804, -99.36120 · 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
9,779 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 9,779 ft.

Completions filed
Oct 1994
1 of 1 wells

1 well

42-5053320179,779 ftOct 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 (380)

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

380 months

May 20260366106.413.05$1,115
Apr 2026034698.932.87$993
Mar 2026036589.753.15$1,150
Feb 2026033363.503.75$1,249
Jan 2026037759.138.00$3,015
Dec 2025036556.664.41$1,611
Nov 2025036358.593.93$1,425
Oct 2025039759.383.30$1,312
Sep 2025036962.743.08$1,135
Aug 2025024763.933.01$745
Jul 2025036166.743.32$1,197
Jun 2025035966.483.13$1,123
May 2025037260.553.23$1,202
Apr 2025036162.363.54$1,279
Mar 2025037567.704.27$1,601
Feb 2025034070.884.34$1,476
Jan 2025037274.324.28$1,592
Dec 2024038268.993.12$1,192
Nov 2024048269.052.20$1,060
Oct 2024048171.372.28$1,097
Sep 2024048569.612.36$1,147
Aug 2024049875.632.06$1,028
Jul 2024050579.932.15$1,084
Jun 2024048678.082.63$1,280
May 2024051278.812.20$1,126
Apr 2024048884.451.66$810
Mar 2024042980.301.55$663
Feb 2024037576.091.78$669
Jan 2024040873.023.30$1,345
Dec 2023041071.262.61$1,070
Nov 2023039477.892.81$1,106
Oct 2023040785.443.09$1,257
Sep 2023040189.042.74$1,097
Aug 2023040880.522.67$1,091
Jul 2023040974.852.64$1,081
Jun 2023041368.962.26$933
May 2023042170.622.23$938
Apr 2023045278.122.24$1,011
Mar 2023047572.852.39$1,137
Feb 2023043575.112.47$1,073
Jan 2023048476.533.39$1,640
Dec 2022047876.415.73$2,739
Nov 2022047485.005.65$2,676
Oct 2022048787.185.86$2,856
Sep 2022046984.888.16$3,829
Aug 2022049394.529.13$4,500
Jul 20220488101.587.54$3,681
Jun 20220471115.097.98$3,757
May 20220493109.378.43$4,157
Apr 20220484104.226.84$3,309
Mar 20220490108.885.08$2,487
Feb 2022044991.054.86$2,182
Jan 2022052281.844.54$2,369
Dec 2021052571.323.90$2,047
Nov 2021046777.435.24$2,446
Oct 2021050479.795.71$2,880
Sep 2021048969.865.35$2,617
Aug 2021048666.024.22$2,051
Jul 2021051070.783.98$2,031
Jun 2021036669.493.38$1,237
May 2021050463.483.02$1,521
Apr 2021048760.362.76$1,343
Mar 2021050661.302.72$1,375
Feb 2021045057.805.55$2,497
Jan 2021051450.412.81$1,444
Dec 2020051144.642.68$1,367
Nov 2020048238.772.71$1,305
Oct 2020050836.972.48$1,259
Sep 2020049637.091.99$988
Aug 2020052839.982.39$1,259
Jul 2020052938.371.83$965
Jun 2020052734.901.69$891
May 2020054716.921.81$993
Apr 2020053914.751.80$973
Mar 2020056030.341.86$1,039
Feb 2020051849.881.98$1,026
Jan 2020055157.252.09$1,154
Dec 2019055759.012.30$1,284
Nov 2019052755.302.75$1,450
Oct 2019055753.472.42$1,347
Sep 2019053755.052.66$1,427
Aug 2019056753.112.30$1,307
Jul 2019057156.272.46$1,405
Jun 2019054752.782.49$1,363
May 2019056558.482.74$1,548
Apr 2019056662.632.75$1,557
Mar 2019059456.803.06$1,819
Feb 2019052750.852.79$1,472
Jan 2019059446.033.23$1,918
Dec 2018057046.594.19$2,386
Nov 2018058852.934.24$2,492
Oct 2018058961.443.40$2,001
Sep 2018056859.543.11$1,765
Aug 2018055659.403.07$1,705
Jul 2018054065.142.93$1,583
Jun 2018054860.183.08$1,686
May 2018049065.382.90$1,421
Apr 2018045863.842.90$1,329
Mar 2018046361.222.79$1,290
Feb 2018041161.782.77$1,137
Jan 2018050562.874.01$2,025
Dec 2017052657.272.92$1,537
Nov 2017048755.423.12$1,519
Oct 2017056149.292.98$1,674
Sep 2017053447.523.09$1,649
Aug 2017054745.373.00$1,643
Jul 2017049743.873.09$1,534
Jun 2017051442.493.09$1,587
May 2017052045.373.26$1,697
Apr 2017043347.933.21$1,391
Mar 20178845346.772.98$5,467
Feb 2017040550.452.95$1,196
Jan 2017064349.413.42$2,198
Dec 2016065448.763.72$2,435
Nov 2016054442.492.64$1,439
Oct 2016052546.193.09$1,622
Sep 2016352141.553.10$1,740
Aug 2016048841.442.92$1,427
Jul 20161547341.622.92$2,008
Jun 2016041045.352.69$1,101
May 2016054042.521.99$1,075
Apr 20167846336.561.99$3,774
Mar 2016023833.011.79$427
Feb 20160026.472.06$0
Jan 2016110027.352.36$3,009
Dec 2015014832.362.00$296
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201503855.212.96$112
Apr 2015012849.822.71$346
Mar 2015051942.892.93$1,523
Feb 2015038144.662.98$1,134
Jan 2015036943.433.10$1,144
Dec 2014050054.693.59$1,796
Nov 2014042070.464.25$1,786
Oct 2014037778.303.90$1,471
Sep 2014040886.164.05$1,651
Aug 201409489.394.04$379
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201402894.734.73$132
Apr 201402495.944.81$115
Mar 201405295.895.06$263
Feb 2014053997.406.19$3,337
Jan 2014066690.404.86$3,237
Dec 2013071091.824.35$3,092
Nov 2013068288.853.74$2,550
Oct 2013071097.423.78$2,683
Sep 20130690104.113.72$2,565
Aug 20130717104.253.52$2,526
Jul 20130734102.523.72$2,729
Jun 2013071994.403.93$2,828
May 2013074794.834.15$3,099
Apr 2013065993.964.28$2,822
Mar 2013063593.623.91$2,485
Feb 2013052591.233.42$1,795
Jan 2013014591.603.42$496
Dec 2012029786.773.42$1,016
Nov 2012032686.953.62$1,182
Oct 2012023789.383.40$806
Sep 2012029294.672.92$852
Aug 201202,30992.662.91$6,715
Jul 201205,65985.133.02$17,095
Jun 201205,56479.822.52$14,016
May 201205,82491.612.49$14,492
Apr 201205,636101.652.00$11,254
Mar 201205,931105.052.22$13,179
Feb 201205,450101.102.57$14,008
Jan 201206,06298.092.73$16,574
Dec 201106,14196.873.24$19,895
Nov 201106,03895.723.31$19,994
Oct 201106,26584.983.65$22,858
Sep 201106,06783.623.99$24,182
Aug 201106,39083.404.15$26,514
Jul 201106,15494.144.52$27,799
Jun 201106,25292.904.64$29,009
May 201106,50398.134.40$28,645
Apr 201106,398105.964.33$27,724
Mar 201106,68296.364.06$27,111
Feb 201106,07085.644.18$25,372
Jan 201106,65986.504.59$30,557
Dec 201006,84785.734.35$29,769
Nov 201006,79480.843.80$25,785
Oct 201007,11478.103.51$24,962
Sep 201006,88372.633.98$27,391
Aug 201007,35973.684.42$32,522
Jul 201007,32472.554.74$34,690
Jun 201006,79570.364.91$33,366
May 201007,64871.124.24$32,391
Apr 201007,06381.694.12$29,119
Mar 201007,25478.394.39$31,835
Feb 201006,71673.585.44$36,551
Jan 201007,90574.365.96$47,146
Dec 200908,17371.445.48$44,819
Nov 200907,99474.593.75$29,989
Oct 200908,50672.544.11$34,962
Sep 200907,32165.543.06$22,437
Aug 200908,29267.423.22$26,688
Jul 200908,61161.133.46$29,833
Jun 200908,55666.163.90$33,326
May 200908,90554.743.93$34,959
Apr 200907,37946.773.59$26,472
Mar 200909,21442.144.06$37,400
Feb 200908,50832.814.63$39,418
Jan 200908,87635.865.37$47,673
Dec 200808,74237.105.98$52,252
Nov 200809,39555.496.86$64,453
Oct 200809,75075.246.92$67,489
Sep 200805,323101.767.88$41,930
Aug 200807,379114.228.48$62,596
Jul 2008010,274131.0811.39$117,015
Jun 2008010,613131.3313.03$138,315
May 2008010,831123.1711.57$125,361
Apr 200809,666110.3110.45$101,057
Mar 2008011,200101.909.66$108,238
Feb 200808,40492.538.77$73,708
Jan 200808,51890.388.21$69,896
Dec 20070088.337.30$0
Nov 200706,73491.677.29$49,102
Oct 2007011,62182.856.92$80,440
Sep 2007011,37175.846.24$71,002
Aug 2007012,06269.066.39$77,051
Jul 2007010,36370.906.39$66,198
Jun 2007011,55262.007.55$87,200
May 2007012,53958.747.85$98,385
Apr 2007011,72959.617.81$91,547
Mar 2007012,91756.927.30$94,320
Feb 20076111,89255.108.22$101,066
Jan 2007013,36650.306.73$89,911
Dec 2006013,63156.656.92$94,305
Nov 2006013,40354.207.62$102,097
Oct 2006014,33154.906.01$86,184
Sep 2006011,64160.085.04$58,638
Aug 2006014,38868.717.34$105,607
Jul 200610714,53669.376.34$99,621
Jun 2006011,93766.286.38$76,204
May 2006014,55766.016.42$93,529
Apr 2006014,36364.397.36$105,719
Mar 2006014,97356.707.08$106,053
Feb 2006013,60257.597.75$105,431
Jan 2006015,55760.598.93$138,976
Dec 2005014,35954.9413.42$192,632
Nov 20055715,21054.6910.59$164,167
Oct 2005015,42558.3413.80$212,800
Sep 2005014,87861.4512.08$179,711
Aug 2005015,34461.519.80$150,323
Jul 2005015,13155.697.84$118,682
Jun 2005014,50452.337.38$107,055
May 20054414,44445.226.65$98,059
Apr 2005013,60649.207.36$100,147
Mar 2005013,11750.377.15$93,851
Feb 200502,75245.226.31$17,370
Jan 2005079243.166.32$5,007
Dec 2004091339.866.75$6,164
Nov 2004059745.286.33$3,779
Oct 2004044949.706.52$2,925
Sep 200401,01143.245.28$5,342
Aug 200401,09242.375.55$6,061
Jul 200401,14838.286.08$6,985
Jun 2004996236.106.43$6,513
May 200401,14137.486.49$7,410
Apr 200401,18034.475.86$6,913
Mar 2004088634.365.53$4,900
Feb 2004075532.455.51$4,160
Jan 2004069832.036.30$4,397
Dec 200301,20530.266.30$7,593
Nov 2003060128.804.60$2,762
Oct 200321,19528.174.76$5,744
Sep 200311,22726.314.75$5,854
Aug 200311,40829.765.13$7,252
Jul 200301,45529.415.17$7,524
Jun 20030028.565.98$0
May 200301,24226.595.97$7,418
Apr 200301,40126.675.41$7,576
Mar 200301,48231.146.10$9,034
Feb 200301,34033.487.93$10,621
Jan 200311,48430.315.58$8,314
Dec 2002220126.914.85$1,029
Nov 200211,47324.664.14$6,118
Oct 200211,08726.464.23$4,624
Sep 2002056427.443.64$2,050
Aug 200211,54225.963.16$4,905
Jul 200201,20024.583.06$3,674
Jun 200201,07523.733.34$3,589
May 200201,74924.663.58$6,268
Apr 2002651,68923.653.51$7,470
Mar 200201,00622.003.10$3,121
Feb 200201,64118.222.38$3,898
Jan 200201,80717.172.38$4,293
Dec 200101,82816.932.36$4,322
Nov 200101,74018.072.41$4,186
Oct 200101,77919.782.53$4,499
Sep 200101,70624.262.25$3,841
Aug 200101,87424.873.05$5,722
Jul 200101,91223.933.20$6,113
Jun 200101,84324.563.82$7,048
May 200101,93325.524.31$8,326
Apr 200111,89024.685.34$10,108
Mar 200101,90824.545.38$10,258
Feb 200101,76827.755.77$10,196
Jan 200101,79427.478.40$15,067
Dec 200001,90926.889.12$17,415
Nov 200011,23632.215.66$7,026
Oct 2000013431.235.15$690
Sep 20001031.875.19$32
Aug 20000029.644.54$0
Jul 20000128.534.09$4
Jun 2000078829.304.40$3,465
May 200001,12627.263.68$4,143
Apr 2000093524.513.12$2,913
Mar 2000076428.422.86$2,185
Feb 2000093327.622.73$2,544
Jan 200002,15325.272.48$5,341
Dec 199902,12424.282.42$5,148
Nov 199902,34423.192.43$5,705
Oct 199902,49820.982.80$7,004
Sep 199902,38821.752.62$6,254
Aug 199902,68219.262.88$7,712
Jul 199902,63017.892.37$6,239
Jun 199902,27815.942.36$5,381
May 199902,56615.792.32$5,956
Apr 199902,58815.102.21$5,714
Mar 199902,75312.471.84$5,061
Feb 199902,5829.981.82$4,694
Jan 199902,92010.381.90$5,548
Dec 199802,5549.201.77$4,529
Nov 199803,22310.892.19$7,045
Oct 199804,50912.421.97$8,879
Sep 199805,05112.592.08$10,519
Aug 199806,88311.301.91$13,128
Jul 199807,94211.742.24$17,768
Jun 1998010,88711.242.24$24,357
May 1998013,76212.622.21$30,364
Apr 1998010,51913.042.51$26,354
Mar 1998018,76812.802.31$43,344
Feb 1998020,63113.952.30$47,433
Jan 1998020,14214.702.15$43,402
Dec 1997023,84516.322.41$57,493
Nov 1997026,52418.193.09$81,913
Oct 1997028,63619.253.15$90,198
Sep 1997026,44217.742.95$78,133
Aug 1997028,41517.862.55$72,593
Jul 1997034,25417.582.25$76,967
Jun 1997031,84317.242.26$71,876
May 19979832,87318.972.31$77,746
Apr 1997137,23317.882.08$77,566
Mar 1997340,19418.951.94$77,999
Feb 1997237,45920.492.21$82,672
Jan 1997142,61923.483.54$150,882
Dec 1996250,29523.32$47
Nov 1996348,93221.97$66
Oct 19969454,90523.31$2,191
Sep 1996161,28222.22$22
Aug 1996169,00420.26$20
Jul 1996077,57919.55$0
Jun 199614260,59318.73$2,660
May 1996070,46719.43$0
Apr 199613174,21121.51$2,818
Mar 1996089,13919.38$0
Feb 199616797,38316.98$2,836
Jan 19969121,87717.07$154
Dec 1995170142,31117.19$2,922
Nov 1995112132,12916.00$1,792
Oct 1995108153,70315.43$1,666
Sep 1995218166,50216.18$3,527
Aug 1995142196,34415.92$2,261
Jul 1995350225,94115.24$5,334
Jun 1995230240,32816.41$3,774
May 1995325230,30817.56$5,707
Apr 1995318233,67117.73$5,638
Mar 1995318228,91516.44$5,228
Feb 1995309184,47016.58$5,123
Jan 1995311192,22615.92$4,951
Dec 1994382187,50815.03$5,741
Nov 1994425198,10815.90$6,758
Oct 1994074,51315.58$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                  366 Mcf  × $  3.05 =     $1,115

────────────────────────────────────────────────────
Month total                                   $1,115

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/154125 is the state's own key, not one this site invented.