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 154278District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Mar 1995 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
375
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 Gas111995-07-03131867
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
CondensateDisposition516 bbl$11,015
GasProduction2,718,020 Mcf$4,379,167
Total$4,390,181

1,546,693 Mcf of this lease's gas, across 22 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 27.2658, -99.3666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26582, -99.36664 · 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
9,648 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 9,648 ft.

Completions filed
Mar 1995
1 of 1 wells

1 well

42-5053326549,648 ftMar 1995

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 (375)

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

375 months

May 202601,939106.413.05$5,906
Apr 202601,93798.932.87$5,559
Mar 202601,65989.753.15$5,225
Feb 202601,01163.503.75$3,792
Jan 202601,31759.138.00$10,533
Dec 2025090756.664.41$4,003
Nov 2025047958.593.93$1,881
Oct 2025058059.383.30$1,917
Sep 2025065262.743.08$2,006
Aug 2025072863.933.01$2,195
Jul 2025081966.743.32$2,715
Jun 2025076866.483.13$2,403
May 2025077260.553.23$2,495
Apr 2025077962.363.54$2,760
Mar 2025085967.704.27$3,666
Feb 2025079770.884.34$3,460
Jan 2025079574.324.28$3,402
Dec 2024080168.993.12$2,500
Nov 2024086869.052.20$1,908
Oct 2024071971.372.28$1,640
Sep 2024077569.612.36$1,832
Aug 2024077875.632.06$1,606
Jul 2024075679.932.15$1,623
Jun 2024073978.082.63$1,947
May 2024075378.812.20$1,655
Apr 2024084484.451.66$1,400
Mar 2024065180.301.55$1,006
Feb 2024070576.091.78$1,257
Jan 2024080173.023.30$2,641
Dec 2023082271.262.61$2,146
Nov 2023081777.892.81$2,294
Oct 2023084085.443.09$2,593
Sep 2023082889.042.74$2,265
Aug 2023087280.522.67$2,331
Jul 2023082374.852.64$2,174
Jun 2023082068.962.26$1,852
May 2023084870.622.23$1,889
Apr 2023082178.122.24$1,837
Mar 2023089872.852.39$2,149
Feb 2023081475.112.47$2,007
Jan 2023092776.533.39$3,140
Dec 2022092176.415.73$5,276
Nov 2022091785.005.65$5,178
Oct 2022099987.185.86$5,858
Sep 2022084584.888.16$6,898
Aug 2022090194.529.13$8,224
Jul 20220886101.587.54$6,682
Jun 20220803115.097.98$6,406
May 20220884109.378.43$7,455
Apr 20220808104.226.84$5,525
Mar 20220819108.885.08$4,158
Feb 2022069291.054.86$3,362
Jan 2022087181.844.54$3,952
Dec 2021073471.323.90$2,862
Nov 2021097077.435.24$5,080
Oct 202101,04779.795.71$5,982
Sep 2021097869.865.35$5,233
Aug 2021098066.024.22$4,136
Jul 202101,03870.783.98$4,133
Jun 2021097769.493.38$3,303
May 202101,04063.483.02$3,138
Apr 2021098460.362.76$2,714
Mar 2021098561.302.72$2,676
Feb 2021095257.805.55$5,282
Jan 202101,07850.412.81$3,029
Dec 2020098544.642.68$2,635
Nov 2020090938.772.71$2,460
Oct 202001,03236.972.48$2,558
Sep 2020097537.091.99$1,941
Aug 202001,00039.982.39$2,385
Jul 2020096438.371.83$1,759
Jun 202001,03934.901.69$1,756
May 202001,02816.921.81$1,866
Apr 2020095814.751.80$1,729
Mar 202001,02830.341.86$1,908
Feb 202001,01549.881.98$2,010
Jan 202001,09657.252.09$2,296
Dec 201901,10559.012.30$2,546
Nov 201901,06255.302.75$2,921
Oct 201901,06753.472.42$2,581
Sep 2019099255.052.66$2,636
Aug 2019099653.112.30$2,295
Jul 2019099356.272.46$2,443
Jun 2019086952.782.49$2,165
May 2019094358.482.74$2,584
Apr 2019093762.632.75$2,577
Mar 2019096856.803.06$2,964
Feb 2019081750.852.79$2,281
Jan 201901,11446.033.23$3,596
Dec 201801,11246.594.19$4,654
Nov 201801,12852.934.24$4,780
Oct 201801,12261.443.40$3,813
Sep 201801,09559.543.11$3,403
Aug 201801,07359.403.07$3,290
Jul 2018094265.142.93$2,762
Jun 2018089060.183.08$2,738
May 201801,01365.382.90$2,939
Apr 2018096463.842.90$2,796
Mar 201801,10561.222.79$3,079
Feb 2018072561.782.77$2,005
Jan 2018098062.874.01$3,929
Dec 201701,10557.272.92$3,228
Nov 201701,05455.423.12$3,287
Oct 201701,09849.292.98$3,276
Sep 201701,07847.523.09$3,328
Aug 201701,11445.373.00$3,347
Jul 201701,11643.873.09$3,445
Jun 201701,07542.493.09$3,319
May 201701,12545.373.26$3,671
Apr 201701,11447.933.21$3,578
Mar 201701,22546.772.98$3,655
Feb 201701,18350.452.95$3,493
Jan 201701,46149.413.42$4,995
Dec 201601,61348.763.72$6,005
Nov 201603242.492.64$85
Oct 201601146.193.09$34
Sep 201603741.553.10$115
Aug 201605241.442.92$152
Jul 201603441.622.92$99
Jun 2016025245.352.69$677
May 201604442.521.99$88
Apr 201601436.561.99$28
Mar 201603633.011.79$65
Feb 201609426.472.06$194
Jan 2016019227.352.36$454
Dec 2015016332.362.00$326
Nov 2015069838.792.17$1,513
Oct 201501,78343.552.43$4,327
Sep 201501,86542.992.76$5,144
Aug 201501,72240.162.87$4,946
Jul 201501,67948.152.95$4,945
Jun 201501,55056.152.88$4,468
May 201501,89355.212.96$5,595
Apr 201502,05749.822.71$5,567
Mar 201501,45642.892.93$4,273
Feb 201501,70444.662.98$5,071
Jan 201502,01143.433.10$6,235
Dec 201401,93754.693.59$6,956
Nov 201401,89670.464.25$8,061
Oct 201402,01678.303.90$7,864
Sep 201401,67686.164.05$6,780
Aug 201401,75389.394.04$7,074
Jul 201402,19996.564.18$9,191
Jun 201401,98298.164.74$9,389
May 201401,97194.734.73$9,316
Apr 201401,91795.944.81$9,219
Mar 201402,01395.895.06$10,179
Feb 201401,88997.406.19$11,697
Jan 201402,15990.404.86$10,494
Dec 201302,25591.824.35$9,819
Nov 201302,29788.853.74$8,587
Oct 201302,31397.423.78$8,742
Sep 201302,367104.113.72$8,800
Aug 201302,586104.253.52$9,109
Jul 201302,907102.523.72$10,807
Jun 201304,15494.403.93$16,339
May 2013029294.834.15$1,212
Apr 20130093.964.28$0
Mar 201302893.623.91$110
Feb 201301991.233.42$65
Jan 201301,07391.603.42$3,670
Dec 201202,07586.773.42$7,097
Nov 201201,95986.953.62$7,101
Oct 201203,01989.383.40$10,264
Sep 201202,17294.672.92$6,339
Aug 201201,94192.662.91$5,645
Jul 201201,77085.133.02$5,347
Jun 201201,92079.822.52$4,837
May 201201,84591.612.49$4,591
Apr 201202,235101.652.00$4,463
Mar 201202,415105.052.22$5,366
Feb 201202,423101.102.57$6,228
Jan 201202,59198.092.73$7,084
Dec 201102,47196.873.24$8,005
Nov 201102,65695.723.31$8,795
Oct 201102,65784.983.65$9,694
Sep 201102,97383.623.99$11,850
Aug 201102,00983.404.15$8,336
Jul 201102,61294.144.52$11,799
Jun 201102,95492.904.64$13,706
May 201102,87298.134.40$12,651
Apr 201102,116105.964.33$9,169
Mar 201102,54596.364.06$10,326
Feb 201102,13485.644.18$8,920
Jan 201101,66786.504.59$7,650
Dec 201001,89685.734.35$8,243
Nov 201001,54580.843.80$5,864
Oct 201001,85378.103.51$6,502
Sep 201001,72672.633.98$6,869
Aug 201001,90073.684.42$8,397
Jul 201002,14072.554.74$10,136
Jun 201001,89270.364.91$9,290
May 201001,94471.124.24$8,233
Apr 201001,60581.694.12$6,617
Mar 201001,68878.394.39$7,408
Feb 201001,60473.585.44$8,730
Jan 201002,18074.365.96$13,002
Dec 200902,47071.445.48$13,545
Nov 200902,34374.593.75$8,790
Oct 200902,44472.544.11$10,045
Sep 200902,49265.543.06$7,637
Aug 200902,53167.423.22$8,146
Jul 200902,56161.133.46$8,873
Jun 200902,45366.163.90$9,554
May 200902,52854.743.93$9,924
Apr 200902,50446.773.59$8,983
Mar 200902,50842.144.06$10,180
Feb 200901,96232.814.63$9,090
Jan 200902,06535.865.37$11,091
Dec 200802,01737.105.98$12,056
Nov 200801,97755.496.86$13,563
Oct 200802,08475.246.92$14,425
Sep 200801,993101.767.88$15,699
Aug 200802,070114.228.48$17,560
Jul 200802,085131.0811.39$23,747
Jun 200802,022131.3313.03$26,352
May 200802,050123.1711.57$23,727
Apr 200802,002110.3110.45$20,931
Mar 200802,030101.909.66$19,618
Feb 2008151,96892.538.77$18,648
Jan 200802,24490.388.21$18,414
Dec 200701,96288.337.30$14,326
Nov 200702,16991.677.29$15,816
Oct 200702,19082.856.92$15,159
Sep 200702,15575.846.24$13,456
Aug 200702,14669.066.39$13,709
Jul 200702,22670.906.39$14,220
Jun 200702,20362.007.55$16,629
May 200702,19958.747.85$17,254
Apr 200702,63059.617.81$20,528
Mar 200702,90856.927.30$21,234
Feb 200703,27155.108.22$26,875
Jan 200704,08050.306.73$27,446
Dec 200602,84156.656.92$19,655
Nov 200602,94754.207.62$22,449
Oct 200603,12154.906.01$18,769
Sep 200603,13860.085.04$15,807
Aug 2006103,33768.717.34$25,180
Jul 200603,33969.376.34$21,178
Jun 200603,24766.286.38$20,728
May 200603,34866.016.42$21,511
Apr 200603,27264.397.36$24,083
Mar 200603,30156.707.08$23,381
Feb 200603,04157.597.75$23,571
Jan 200602,83060.598.93$25,281
Dec 200502,92054.9413.42$39,173
Nov 200502,93354.6910.59$31,056
Oct 200503,02858.3413.80$41,774
Sep 200503,26761.4512.08$39,462
Aug 200502,94661.519.80$28,861
Jul 200503,46255.697.84$27,155
Jun 200504,44452.337.38$32,801
May 200503,55545.226.65$23,645
Apr 200503,94849.207.36$29,059
Mar 200504,55250.377.15$32,569
Feb 200504,44745.226.31$28,069
Jan 200501,54443.166.32$9,761
Dec 200402,28639.866.75$15,433
Nov 200402,23245.286.33$14,130
Oct 200401,81649.706.52$11,831
Sep 200402,06843.245.28$10,927
Aug 200402,17742.375.55$12,084
Jul 200402,17638.286.08$13,239
Jun 200402,14436.106.43$13,792
May 200402,38337.486.49$15,477
Apr 200402,55834.475.86$14,986
Mar 200402,33034.365.53$12,885
Feb 200402,51332.455.51$13,846
Jan 200402,73532.036.30$17,230
Dec 200302,39330.266.30$15,080
Nov 200302,31228.804.60$10,624
Oct 200302,42828.174.76$11,556
Sep 200302,47126.314.75$11,736
Aug 200302,71429.765.13$13,922
Jul 200302,60429.415.17$13,465
Jun 200302,86428.565.98$17,135
May 200302,51226.595.97$15,003
Apr 200302,91926.675.41$15,784
Mar 200305,01031.146.10$30,541
Feb 200303,37633.487.93$26,758
Jan 200302,97530.315.58$16,607
Dec 200204,02726.914.85$19,546
Nov 200203,03824.664.14$12,568
Oct 200203,05226.464.23$12,907
Sep 200203,15327.443.64$11,462
Aug 200203,25025.963.16$10,284
Jul 200202,88524.583.06$8,833
Jun 200203,41923.733.34$11,413
May 200203,50424.663.58$12,558
Apr 200203,17323.653.51$11,145
Mar 200204,31322.003.10$13,382
Feb 200223,03318.222.38$7,242
Jan 200203,57317.172.38$8,488
Dec 200106,13316.932.36$14,501
Nov 200104,49918.072.41$10,822
Oct 200103,33019.782.53$8,421
Sep 200103,00724.262.25$6,770
Aug 200103,29424.873.05$10,057
Jul 200103,32823.933.20$10,640
Jun 200103,13924.563.82$12,004
May 200103,93725.524.31$16,958
Apr 200103,83824.685.34$20,477
Mar 200105,45524.545.38$29,328
Feb 200102,35027.755.77$13,553
Jan 200104,02027.478.40$33,763
Dec 200004,50926.889.12$41,133
Nov 200004,42232.215.66$25,020
Oct 200004,80631.235.15$24,729
Sep 200005,97131.875.19$30,969
Aug 200017,40829.644.54$33,668
Jul 200027,29728.534.09$29,900
Jun 200007,38629.304.40$32,478
May 200007,63527.263.68$28,095
Apr 200018,49624.513.12$26,498
Mar 200026,93628.422.86$19,892
Feb 200004,47527.622.73$12,201
Jan 200007,95925.272.48$19,742
Dec 199908,47824.282.42$20,548
Nov 199908,81223.192.43$21,448
Oct 1999569,25120.982.80$27,112
Sep 199918,04821.752.62$21,098
Aug 199908,95619.262.88$25,754
Jul 1999010,35417.892.37$24,564
Jun 1999010,10815.942.36$23,876
May 199907,85915.792.32$18,241
Apr 1999010,40615.102.21$22,977
Mar 1999011,45912.471.84$21,065
Feb 1999010,5559.981.82$19,187
Jan 1999010,67210.381.90$20,276
Dec 1998010,4389.201.77$18,510
Nov 1998012,03410.892.19$26,303
Oct 1998012,27112.421.97$24,164
Sep 1998113,52312.592.08$28,176
Aug 1998016,17011.301.91$30,842
Jul 1998014,82911.742.24$33,176
Jun 1998016,68811.242.24$37,336
May 1998019,70712.622.21$43,480
Apr 1998014,66413.042.51$36,738
Mar 1998012,93512.802.31$29,873
Feb 1998012,66513.952.30$29,118
Jan 1998011,28814.702.15$24,323
Dec 1997018,37316.322.41$44,299
Nov 1997016,99918.193.09$52,497
Oct 1997025,05119.253.15$78,906
Sep 1997013,66717.742.95$40,384
Aug 1997018,91217.862.55$48,315
Jul 1997017,02317.582.25$38,250
Jun 1997018,89517.242.26$42,650
May 1997124,12118.972.31$55,702
Apr 1997123,39117.882.08$48,736
Mar 1997019,36618.951.94$37,553
Feb 1997221,64420.492.21$47,785
Jan 1997132,60823.483.54$115,446
Dec 1996029,13623.32$0
Nov 19966737,71421.97$1,472
Oct 1996242,10923.31$47
Sep 1996145,63122.22$22
Aug 1996155,09920.26$20
Jul 1996051,45119.55$0
Jun 1996050,93118.73$0
May 1996252,54319.43$39
Apr 1996057,25421.51$0
Mar 1996064,05419.38$0
Feb 1996266,67716.98$34
Jan 1996182,31317.07$17
Dec 199517098,82817.19$2,922
Nov 1995277,49116.00$32
Oct 1995594,13015.43$77
Sep 1995079,24816.18$0
Aug 1995385,16415.92$48
Jul 1995196,40715.24$15
Jun 1995149101,38216.41$2,445
May 19950102,36917.56$0
Apr 19953124,81317.73$53
Mar 19951151,94916.44$181

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                1,939 Mcf  × $  3.05 =     $5,906

────────────────────────────────────────────────────
Month total                                   $5,906

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/154278 is the state's own key, not one this site invented.