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 156577District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1995 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
377
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 Gas112001-08-21144547
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
CondensateDisposition1,253 bbl$26,864
GasProduction2,141,166 Mcf$2,984,269
Total$3,011,133

1,279,169 Mcf of this lease's gas, across 24 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 27.2732, -99.3766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27320, -99.37656 · 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
9,000 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 9,000 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-50533264109,000 ftApr 2007

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 (377)

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

377 months

May 202601,316106.413.05$4,008
Apr 202601,24798.932.87$3,579
Mar 202601,31189.753.15$4,129
Feb 202601,24163.503.75$4,654
Jan 202601,40759.138.00$11,253
Dec 202501,36556.664.41$6,024
Nov 202501,33058.593.93$5,222
Oct 202501,41259.383.30$4,666
Sep 202501,29462.743.08$3,982
Aug 202501,31663.933.01$3,967
Jul 202501,47166.743.32$4,877
Jun 202501,37066.483.13$4,286
May 202501,47460.553.23$4,764
Apr 202501,44362.363.54$5,113
Mar 202501,44467.704.27$6,163
Feb 202501,34070.884.34$5,817
Jan 202501,53174.324.28$6,551
Dec 202401,48668.993.12$4,638
Nov 202401,48769.052.20$3,269
Oct 202401,51671.372.28$3,459
Sep 202401,52769.612.36$3,610
Aug 202401,59175.632.06$3,283
Jul 202401,62079.932.15$3,477
Jun 202401,58878.082.63$4,183
May 202401,55878.812.20$3,425
Apr 202401,57484.451.66$2,612
Mar 202401,67680.301.55$2,590
Feb 202401,58176.091.78$2,820
Jan 202401,90073.023.30$6,266
Dec 202301,72871.262.61$4,511
Nov 202301,74077.892.81$4,885
Oct 202301,82885.443.09$5,644
Sep 202301,78989.042.74$4,893
Aug 202301,90580.522.67$5,092
Jul 202301,95174.852.64$5,154
Jun 202301,97968.962.26$4,470
May 202302,14870.622.23$4,784
Apr 202302,42778.122.24$5,431
Mar 202301,99972.852.39$4,784
Feb 202301,69575.112.47$4,179
Jan 202302,02176.533.39$6,847
Dec 202201,95176.415.73$11,177
Nov 202202,16485.005.65$12,218
Oct 202202,30587.185.86$13,516
Sep 202202,13484.888.16$17,421
Aug 202202,45694.529.13$22,416
Jul 202202,486101.587.54$18,750
Jun 202202,416115.097.98$19,273
May 202202,488109.378.43$20,981
Apr 202202,580104.226.84$17,641
Mar 202202,631108.885.08$13,356
Feb 202202,41691.054.86$11,739
Jan 202202,85081.844.54$12,932
Dec 202102,90271.323.90$11,315
Nov 202102,65177.435.24$13,883
Oct 202102,86579.795.71$16,370
Sep 202102,78969.865.35$14,924
Aug 202102,88266.024.22$12,164
Jul 202103,03270.783.98$12,074
Jun 202102,80769.493.38$9,489
May 202103,00763.483.02$9,074
Apr 202102,97960.362.76$8,217
Mar 202103,16561.302.72$8,599
Feb 202103,02357.805.55$16,771
Jan 202103,25250.412.81$9,139
Dec 202003,28244.642.68$8,781
Nov 202003,20138.772.71$8,664
Oct 202003,47236.972.48$8,605
Sep 2020123,42537.091.99$7,264
Aug 202003,69839.982.39$8,820
Jul 202003,68638.371.83$6,727
Jun 202003,71534.901.69$6,280
May 202003,90716.921.81$7,090
Apr 202003,89414.751.80$7,026
Mar 202004,01230.341.86$7,447
Feb 202003,81049.881.98$7,546
Jan 202004,19957.252.09$8,796
Dec 201904,19159.012.30$9,658
Nov 201904,09655.302.75$11,267
Oct 201904,45553.472.42$10,775
Sep 201904,36555.052.66$11,599
Aug 201904,30153.112.30$9,911
Jul 201904,72456.272.46$11,621
Jun 201904,54352.782.49$11,318
May 201905,02758.482.74$13,776
Apr 201904,90462.632.75$13,489
Mar 201905,26056.803.06$16,107
Feb 201904,72750.852.79$13,199
Jan 201905,16346.033.23$16,667
Dec 201805,17346.594.19$21,651
Nov 201805,30452.934.24$22,474
Oct 201805,72561.443.40$19,454
Sep 201805,61459.543.11$17,448
Aug 201805,34259.403.07$16,382
Jul 201806,74065.142.93$19,761
Jun 201805,69460.183.08$17,520
May 201805,89365.382.90$17,094
Apr 201805,76363.842.90$16,717
Mar 201805,43161.222.79$15,135
Feb 201805,43161.782.77$15,023
Jan 201806,14762.874.01$24,645
Dec 201706,33257.272.92$18,499
Nov 201706,30155.423.12$19,649
Oct 201706,75449.292.98$20,152
Sep 201706,67347.523.09$20,601
Aug 201707,08945.373.00$21,298
Jul 201707,29643.873.09$22,525
Jun 201707,33242.493.09$22,636
May 201707,92545.373.26$25,862
Apr 201705,50847.933.21$17,689
Mar 2017105,41246.772.98$16,615
Feb 201704,91450.452.95$14,509
Jan 201705,71249.413.42$19,528
Dec 201606,10448.763.72$22,724
Nov 201606,42142.492.64$16,979
Oct 201607,46846.193.09$23,078
Sep 2016458,32641.553.10$27,686
Aug 2016010,44841.442.92$30,554
Jul 20166416,17441.622.92$49,962
Jun 2016031,03545.352.69$83,355
May 20160042.521.99$0
Apr 20163615636.561.99$1,627
Mar 201601,04433.011.79$1,873
Feb 201601,01126.472.06$2,086
Jan 2016371,17227.352.36$3,783
Dec 2015021732.362.00$434
Nov 201509338.792.17$202
Oct 201509043.552.43$218
Sep 2015037342.992.76$1,029
Aug 2015049040.162.87$1,408
Jul 2015059848.152.95$1,761
Jun 2015081656.152.88$2,352
May 2015088655.212.96$2,619
Apr 2015082749.822.71$2,238
Mar 2015097842.892.93$2,870
Feb 201501,02444.662.98$3,048
Jan 201501,18143.433.10$3,662
Dec 201401,21954.693.59$4,378
Nov 201401,23370.464.25$5,243
Oct 201401,31478.303.90$5,126
Sep 201401,28886.164.05$5,211
Aug 201401,39389.394.04$5,621
Jul 201401,09696.564.18$4,581
Jun 201401,39098.164.74$6,584
May 201401,50094.734.73$7,090
Apr 201401,85895.944.81$8,935
Mar 2014079795.895.06$4,030
Feb 2014031297.406.19$1,932
Jan 2014072390.404.86$3,514
Dec 2013068891.824.35$2,996
Nov 201301,22788.853.74$4,587
Oct 2013085897.423.78$3,243
Sep 20130701104.113.72$2,606
Aug 201301,246104.253.52$4,389
Jul 201301,300102.523.72$4,833
Jun 201301,02294.403.93$4,020
May 2013081294.834.15$3,369
Apr 201301,03193.964.28$4,415
Mar 2013064893.623.91$2,536
Feb 2013074891.233.42$2,558
Jan 2013078091.603.42$2,668
Dec 201201,19986.773.42$4,101
Nov 201201,46086.953.62$5,292
Oct 201201,39789.383.40$4,749
Sep 201201,11594.672.92$3,254
Aug 201201,21692.662.91$3,536
Jul 201201,02885.133.02$3,105
Jun 2012085479.822.52$2,151
May 201201,08891.612.49$2,707
Apr 20120928101.652.00$1,853
Mar 20120790105.052.22$1,755
Feb 20120749101.102.57$1,925
Jan 201201,60598.092.73$4,388
Dec 201101,62096.873.24$5,248
Nov 201101,62195.723.31$5,368
Oct 201101,02684.983.65$3,743
Sep 2011097083.623.99$3,866
Aug 2011099883.404.15$4,141
Jul 201101,70294.144.52$7,688
Jun 201101,90292.904.64$8,825
May 201102,02098.134.40$8,898
Apr 201102,021105.964.33$8,758
Mar 201101,72096.364.06$6,979
Feb 201101,32285.644.18$5,526
Jan 201101,43186.504.59$6,567
Dec 201001,26985.734.35$5,517
Nov 201001,43580.843.80$5,446
Oct 201001,55578.103.51$5,456
Sep 2010087272.633.98$3,470
Aug 201001,28373.684.42$5,670
Jul 2010080772.554.74$3,822
Jun 201001,00570.364.91$4,935
May 201001,24371.124.24$5,264
Apr 201001,23081.694.12$5,071
Mar 201001,14278.394.39$5,012
Feb 201001,37473.585.44$7,478
Jan 2010091674.365.96$5,463
Dec 200901,10771.445.48$6,071
Nov 2009080874.593.75$3,031
Oct 200901,11272.544.11$4,571
Sep 200901,06265.543.06$3,255
Aug 2009084767.423.22$2,726
Jul 200901,73661.133.46$6,014
Jun 200901,92266.163.90$7,486
May 200903,01054.743.93$11,817
Apr 200902,81246.773.59$10,088
Mar 200903,18942.144.06$12,944
Feb 200902,22432.814.63$10,304
Jan 200902,05035.865.37$11,011
Dec 200802,04937.105.98$12,247
Nov 200801,57455.496.86$10,798
Oct 2008080075.246.92$5,538
Sep 20080966101.767.88$7,609
Aug 200801,060114.228.48$8,992
Jul 200801,115131.0811.39$12,699
Jun 200801,191131.3313.03$15,522
May 200801,107123.1711.57$12,813
Apr 200801,193110.3110.45$12,473
Mar 200801,259101.909.66$12,167
Feb 200801,21492.538.77$10,647
Jan 200801,32890.388.21$10,897
Dec 200701,37388.337.30$10,026
Nov 200701,38591.677.29$10,099
Oct 200701,53182.856.92$10,598
Sep 200701,65375.846.24$10,322
Aug 200701,91269.066.39$12,214
Jul 200702,06470.906.39$13,185
Jun 2007050762.007.55$3,827
May 200702,46358.747.85$19,325
Apr 200701,62659.617.81$12,691
Mar 2007017156.927.30$1,249
Feb 2007041255.108.22$3,385
Jan 2007044750.306.73$3,007
Dec 2006044956.656.92$3,106
Nov 2006044154.207.62$3,359
Oct 2006046054.906.01$2,766
Sep 2006045560.085.04$2,292
Aug 2006039668.717.34$2,907
Jul 2006050169.376.34$3,178
Jun 2006045466.286.38$2,898
May 2006044566.016.42$2,859
Apr 2006046764.397.36$3,437
Mar 2006054056.707.08$3,825
Feb 2006047757.597.75$3,697
Jan 2006074360.598.93$6,637
Dec 2005057954.9413.42$7,768
Nov 2005050754.6910.59$5,368
Oct 2005048958.3413.80$6,746
Sep 2005080061.4512.08$9,663
Aug 200501,16361.519.80$11,394
Jul 200501,13855.697.84$8,926
Jun 200501,00852.337.38$7,440
May 2005072645.226.65$4,829
Apr 2005058049.207.36$4,269
Mar 2005067050.377.15$4,794
Feb 2005062545.226.31$3,945
Jan 2005077343.166.32$4,887
Dec 2004049139.866.75$3,315
Nov 2004084945.286.33$5,375
Oct 2004095449.706.52$6,215
Sep 2004082343.245.28$4,349
Aug 2004070542.375.55$3,913
Jul 20043058838.286.08$4,726
Jun 2004065736.106.43$4,226
May 2004090937.486.49$5,904
Apr 2004086434.475.86$5,062
Mar 2004092734.365.53$5,126
Feb 2004094032.455.51$5,179
Jan 2004099132.036.30$6,243
Dec 2003082130.266.30$5,174
Nov 2003071128.804.60$3,267
Oct 2003068428.174.76$3,256
Sep 2003174126.314.75$3,546
Aug 2003287129.765.13$4,528
Jul 200301,25929.415.17$6,510
Jun 200301,10828.565.98$6,629
May 2003096826.595.97$5,782
Apr 2003096126.675.41$5,196
Mar 2003093631.146.10$5,706
Feb 2003082433.487.93$6,531
Jan 200311,05130.315.58$5,897
Dec 2002011126.914.85$539
Nov 2002280824.664.14$3,392
Oct 2002188926.464.23$3,786
Sep 2002032427.443.64$1,178
Aug 2002093525.963.16$2,958
Jul 2002088124.583.06$2,697
Jun 2002067523.733.34$2,253
May 200201,11324.663.58$3,989
Apr 200201,17023.653.51$4,109
Mar 2002081022.003.10$2,513
Feb 200201,02318.222.38$2,430
Jan 200201,15917.172.38$2,753
Dec 200101,18116.932.36$2,792
Nov 200101,31518.072.41$3,163
Oct 200101,38419.782.53$3,500
Sep 20010024.262.25$0
Aug 2001046924.873.05$1,432
Jul 200101,34723.933.20$4,306
Jun 200101,31924.563.82$5,044
May 200101,36925.524.31$5,897
Apr 200101,30524.685.34$6,963
Mar 200101,11124.545.38$5,973
Feb 200101,10127.755.77$6,350
Jan 200101,25927.478.40$10,574
Dec 200001,35626.889.12$12,370
Nov 200011,36332.215.66$7,744
Oct 200001,33231.235.15$6,854
Sep 200001,16531.875.19$6,042
Aug 200001,27629.644.54$5,794
Jul 200001,30528.534.09$5,337
Jun 200001,50429.304.40$6,613
May 200001,65227.263.68$6,079
Apr 200001,79024.513.12$5,578
Mar 200001,51028.422.86$4,318
Feb 200021,23327.622.73$3,417
Jan 200001,24725.272.48$3,093
Dec 199901,66024.282.42$4,023
Nov 199901,64823.192.43$4,011
Oct 199901,81620.982.80$5,092
Sep 199901,90221.752.62$4,981
Aug 1999522,22119.262.88$7,388
Jul 1999083017.892.37$1,969
Jun 199901,41715.942.36$3,347
May 199901,94515.792.32$4,514
Apr 199902,02915.102.21$4,480
Mar 199901,89812.471.84$3,489
Feb 199903,1569.981.82$5,737
Jan 199903,58310.381.90$6,808
Dec 199805,4219.201.77$9,613
Nov 199802,22810.892.19$4,870
Oct 199803,35912.421.97$6,615
Sep 199802,93312.592.08$6,108
Aug 199804,23611.301.91$8,080
Jul 199804,75711.742.24$10,643
Jun 199804,36911.242.24$9,775
May 199805,90712.622.21$13,033
Apr 199806,52413.042.51$16,345
Mar 199802,99312.802.31$6,912
Feb 199804,72613.952.30$10,866
Jan 199805,41514.702.15$11,668
Dec 199705,13016.322.41$12,369
Nov 199704,62218.193.09$14,274
Oct 199705,65919.253.15$17,825
Sep 199707,52017.742.95$22,221
Aug 1997011,03817.862.55$28,199
Jul 199708,63317.582.25$19,398
Jun 199706,71317.242.26$15,153
May 199709,65218.972.31$22,282
Apr 1997011,55617.882.08$24,069
Mar 1997113,18318.951.94$25,583
Feb 1997214,77120.492.21$32,624
Jan 1997015,51023.483.54$54,901
Dec 1996017,77523.32$0
Nov 1996116,45621.97$22
Oct 19966319,20023.31$1,469
Sep 1996121,92022.22$22
Aug 1996025,83720.26$0
Jul 1996030,81919.55$0
Jun 1996028,69918.73$0
May 1996032,25819.43$0
Apr 19967035,69121.51$1,506
Mar 1996043,13619.38$0
Feb 19961147,69616.98$187
Jan 19968156,74717.07$1,383
Dec 1995260,58817.19$34
Nov 1995152,65116.00$16
Oct 19955958,67815.43$910
Sep 19955261,08216.18$841
Aug 199515469,64215.92$2,452
Jul 1995178,54715.24$15
Jun 1995087,30516.41$0
May 1995172100,07617.56$3,020
Apr 19951108,93617.73$18
Mar 1995136110,09616.44$2,236
Feb 199514895,30616.58$2,454
Jan 1995120,02815.92$16

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                1,316 Mcf  × $  3.05 =     $4,008

────────────────────────────────────────────────────
Month total                                   $4,008

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/156577 is the state's own key, not one this site invented.