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 157822District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.2 M
Mar 1996 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
363
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 Gas112001-08-21144549
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
CondensateDisposition1,789 bbl$51,609
GasProduction4,564,504 Mcf$14,168,213
Total$14,219,822

1,002,310 Mcf of this lease's gas, across 10 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 27.2739, -99.3668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27391, -99.36681 · 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
9,700 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 9,700 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-50533401139,700 ftMar 1996

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 (363)

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

363 months

May 202602,256106.413.05$6,871
Apr 202602,12898.932.87$6,107
Mar 202602,18389.753.15$6,875
Feb 202601,99363.503.75$7,474
Jan 202602,16559.138.00$17,316
Dec 202502,11456.664.41$9,330
Nov 202502,14358.593.93$8,414
Oct 202502,19759.383.30$7,261
Sep 202502,23362.743.08$6,871
Aug 202502,27763.933.01$6,865
Jul 202502,29866.743.32$7,618
Jun 202502,25066.483.13$7,040
May 202502,30160.553.23$7,438
Apr 202502,31462.363.54$8,199
Mar 202502,37467.704.27$10,133
Feb 202502,14770.884.34$9,320
Jan 202502,21074.324.28$9,456
Dec 202402,30768.993.12$7,201
Nov 202402,26569.052.20$4,979
Oct 202401,92871.372.28$4,399
Sep 202402,35469.612.36$5,566
Aug 202402,47375.632.06$5,103
Jul 202402,50279.932.15$5,371
Jun 202402,43078.082.63$6,401
May 202402,41578.812.20$5,309
Apr 202402,31884.451.66$3,846
Mar 202402,57480.301.55$3,977
Feb 202402,42476.091.78$4,324
Jan 202402,57873.023.30$8,501
Dec 202302,55171.262.61$6,660
Nov 202302,56177.892.81$7,190
Oct 202302,72385.443.09$8,407
Sep 202302,64089.042.74$7,221
Aug 202302,83280.522.67$7,570
Jul 202302,78974.852.64$7,368
Jun 202302,79568.962.26$6,312
May 202302,35670.622.23$5,248
Apr 202302,84078.122.24$6,355
Mar 202303,07672.852.39$7,361
Feb 202302,76675.112.47$6,820
Jan 202303,10076.533.39$10,502
Dec 202203,02776.415.73$17,342
Nov 202202,92185.005.65$16,493
Oct 202203,02987.185.86$17,761
Sep 202202,89684.888.16$23,642
Aug 202202,96494.529.13$27,053
Jul 202203,164101.587.54$23,863
Jun 202203,138115.097.98$25,032
May 202203,171109.378.43$26,741
Apr 202203,049104.226.84$20,848
Mar 202203,092108.885.08$15,696
Feb 202202,78791.054.86$13,542
Jan 202203,31381.844.54$15,033
Dec 202103,43071.323.90$13,374
Nov 202102,98977.435.24$15,653
Oct 202103,17679.795.71$18,147
Sep 202103,06869.865.35$16,417
Aug 202102,95266.024.22$12,459
Jul 202103,21070.783.98$12,782
Jun 202102,83469.493.38$9,581
May 202103,18263.483.02$9,602
Apr 202103,19460.362.76$8,810
Mar 202103,15061.302.72$8,558
Feb 202102,73857.805.55$15,190
Jan 202103,11950.412.81$8,765
Dec 202003,26544.642.68$8,735
Nov 202003,07838.772.71$8,331
Oct 202003,28436.972.48$8,139
Sep 202003,29737.091.99$6,564
Aug 202003,41739.982.39$8,150
Jul 202003,44238.371.83$6,282
Jun 202003,52534.901.69$5,958
May 202003,67416.921.81$6,667
Apr 202003,65314.751.80$6,591
Mar 202003,59230.341.86$6,668
Feb 202003,45749.881.98$6,847
Jan 202003,57857.252.09$7,495
Dec 201903,59459.012.30$8,282
Nov 201903,59855.302.75$9,897
Oct 201903,78153.472.42$9,145
Sep 201903,51355.052.66$9,335
Aug 201903,81553.112.30$8,791
Jul 201903,80356.272.46$9,356
Jun 201903,64652.782.49$9,083
May 201903,90958.482.74$10,712
Apr 201903,50962.632.75$9,652
Mar 201903,93656.803.06$12,052
Feb 201903,47050.852.79$9,689
Jan 201904,02346.033.23$12,987
Dec 201803,73046.594.19$15,612
Nov 201803,79852.934.24$16,093
Oct 201803,97961.443.40$13,521
Sep 201803,75959.543.11$11,683
Aug 201803,81959.403.07$11,711
Jul 201803,72265.142.93$10,912
Jun 201803,68360.183.08$11,332
May 201803,92565.382.90$11,386
Apr 201803,71663.842.90$10,779
Mar 201803,84761.222.79$10,721
Feb 201803,51161.782.77$9,712
Jan 201803,79162.874.01$15,199
Dec 201703,88457.272.92$11,347
Nov 201703,81355.423.12$11,890
Oct 201704,02249.292.98$12,000
Sep 201703,75847.523.09$11,602
Aug 201703,92145.373.00$11,780
Jul 201704,00143.873.09$12,352
Jun 201703,77942.493.09$11,667
May 201704,29245.373.26$14,007
Apr 201703,98347.933.21$12,792
Mar 201704,17746.772.98$12,463
Feb 201703,85450.452.95$11,379
Jan 201704,28449.413.42$14,646
Dec 201604,05648.763.72$15,100
Nov 201604,14742.492.64$10,966
Oct 201604,40846.193.09$13,622
Sep 201604,20541.553.10$13,038
Aug 201604,32541.442.92$12,648
Jul 201624,37741.622.92$12,883
Jun 201604,20745.352.69$11,299
May 201604,59842.521.99$9,155
Apr 2016114,23636.561.99$8,836
Mar 201604,45733.011.79$7,996
Feb 201604,24326.472.06$8,756
Jan 2016454,53627.352.36$11,955
Dec 201504,57032.362.00$9,146
Nov 201504,41638.792.17$9,571
Oct 201504,67743.552.43$11,349
Sep 201504,58742.992.76$12,653
Aug 201504,40440.162.87$12,650
Jul 201504,55248.152.95$13,406
Jun 201504,63556.152.88$13,362
May 201504,89955.212.96$14,479
Apr 201504,06949.822.71$11,013
Mar 201504,87842.892.93$14,316
Feb 201504,38444.662.98$13,048
Jan 201505,01443.433.10$15,547
Dec 201404,77154.693.59$17,134
Nov 201404,85270.464.25$20,630
Oct 201405,13778.303.90$20,039
Sep 2014644,99686.164.05$25,725
Aug 201405,46889.394.04$22,064
Jul 201405,04196.564.18$21,069
Jun 201405,38598.164.74$25,508
May 201406,06794.734.73$28,676
Apr 201406,41995.944.81$30,870
Mar 2014070995.895.06$3,585
Feb 201404,35697.406.19$26,972
Jan 201404,97090.404.86$24,158
Dec 201305,08891.824.35$22,156
Nov 201305,05888.853.74$18,908
Oct 201305,08897.423.78$19,229
Sep 201304,962104.113.72$18,447
Aug 201305,262104.253.52$18,536
Jul 201305,378102.523.72$19,994
Jun 201305,23194.403.93$20,576
May 201305,44794.834.15$22,600
Apr 201305,68693.964.28$24,351
Mar 201305,33993.623.91$20,891
Feb 201305,17791.233.42$17,705
Jan 201305,68291.603.42$19,432
Dec 201205,57686.773.42$19,071
Nov 201205,80086.953.62$21,025
Oct 201206,52289.383.40$22,173
Sep 201204,29494.672.92$12,532
Aug 201206,08192.662.91$17,685
Jul 201205,52385.133.02$16,684
Jun 201205,67179.822.52$14,285
May 201205,89991.612.49$14,679
Apr 201205,698101.652.00$11,378
Mar 201205,942105.052.22$13,204
Feb 201205,718101.102.57$14,697
Jan 201205,95098.092.73$16,268
Dec 201106,22896.873.24$20,177
Nov 201106,07295.723.31$20,106
Oct 201105,41784.983.65$19,764
Sep 201104,46283.623.99$17,785
Aug 201105,50283.404.15$22,830
Jul 201105,60894.144.52$25,333
Jun 201105,43192.904.64$25,199
May 201105,88998.134.40$25,940
Apr 201106,036105.964.33$26,156
Mar 201106,13796.364.06$24,900
Feb 201105,82685.644.18$24,353
Jan 201106,40186.504.59$29,373
Dec 201006,49385.734.35$28,230
Nov 201006,32780.843.80$24,013
Oct 201006,74278.103.51$23,657
Sep 2010676,60472.633.98$31,147
Aug 201006,85573.684.42$30,295
Jul 201006,95672.554.74$32,947
Jun 201006,79970.364.91$33,386
May 201006,99671.124.24$29,630
Apr 201006,86481.694.12$28,298
Mar 201007,13178.394.39$31,296
Feb 201006,56073.585.44$35,702
Jan 201007,60474.365.96$45,351
Dec 200907,04871.445.48$38,649
Nov 200906,42074.593.75$24,085
Oct 200907,16372.544.11$29,442
Sep 200906,75165.543.06$20,690
Aug 200907,52467.423.22$24,216
Jul 200907,61761.133.46$26,389
Jun 200907,33966.163.90$28,585
May 200907,72154.743.93$30,311
Apr 200907,47446.773.59$26,813
Mar 200907,80742.144.06$31,689
Feb 200907,02232.814.63$32,533
Jan 200907,92335.865.37$42,554
Dec 200808,02337.105.98$47,955
Nov 200807,83555.496.86$53,751
Oct 200808,16475.246.92$56,511
Sep 200808,021101.767.88$63,182
Aug 200808,248114.228.48$69,968
Jul 200808,359131.0811.39$95,204
Jun 200808,207131.3313.03$106,959
May 200808,576123.1711.57$99,261
Apr 200808,049110.3110.45$84,151
Mar 200808,369101.909.66$80,879
Feb 200808,17792.538.77$71,717
Jan 200808,80490.388.21$72,243
Dec 200708,87588.337.30$64,805
Nov 200708,68691.677.29$63,336
Oct 200709,13282.856.92$63,212
Sep 200708,95575.846.24$55,916
Aug 200709,39469.066.39$60,008
Jul 200709,50170.906.39$60,692
Jun 200709,20662.007.55$69,491
May 200709,69458.747.85$76,062
Apr 200709,48359.617.81$74,017
Mar 200709,92256.927.30$72,450
Feb 2007629,21455.108.22$79,118
Jan 2007010,65850.306.73$71,695
Dec 200609,53856.656.92$65,988
Nov 200609,72854.207.62$74,103
Oct 2006010,21454.906.01$61,425
Sep 2006010,19260.085.04$51,339
Aug 2006010,92268.717.34$80,167
Jul 2006011,67669.376.34$74,058
Jun 2006010,07966.286.38$64,343
May 2006010,91766.016.42$70,142
Apr 2006010,90164.397.36$80,237
Mar 2006012,00756.707.08$85,045
Feb 200609,03657.597.75$70,039
Jan 2006011,98760.598.93$107,084
Dec 200509,03854.9413.42$121,248
Nov 20052911,62254.6910.59$124,644
Oct 2005012,25758.3413.80$169,095
Sep 2005012,15261.4512.08$146,784
Aug 2005012,99161.519.80$127,271
Jul 2005013,71755.697.84$107,591
Jun 2005013,94152.337.38$102,899
May 20055312,54245.226.65$85,816
Apr 200509,62949.207.36$70,874
Mar 200509,41050.377.15$67,327
Feb 200508,51545.226.31$53,746
Jan 200509,37343.166.32$59,258
Dec 2004010,83739.866.75$73,161
Nov 200409,69845.286.33$61,392
Oct 200409,70449.706.52$63,223
Sep 2004010,11243.245.28$53,431
Aug 2004010,39642.375.55$57,705
Jul 20044610,49038.286.08$65,584
Jun 200409,22636.106.43$59,351
May 2004010,54237.486.49$68,466
Apr 2004010,89734.475.86$63,840
Mar 2004011,48234.365.53$63,497
Feb 2004010,25432.455.51$56,496
Jan 2004011,55632.036.30$72,799
Dec 20035911,52030.266.30$74,380
Nov 2003011,26628.804.60$51,769
Oct 2003012,01028.174.76$57,163
Sep 2003011,21226.314.75$53,250
Aug 2003011,59229.765.13$59,464
Jul 2003011,84129.415.17$61,228
Jun 2003011,47928.565.98$68,678
May 2003012,03826.595.97$71,899
Apr 2003011,75026.675.41$63,536
Mar 2003012,59831.146.10$76,798
Feb 200315111,64833.487.93$97,376
Jan 2003013,44030.315.58$75,023
Dec 2002013,97626.914.85$67,836
Nov 2002014,00524.664.14$57,938
Oct 2002014,25026.464.23$60,265
Sep 2002014,62127.443.64$53,150
Aug 2002014,80325.963.16$46,839
Jul 2002015,52424.583.06$47,531
Jun 2002016,06123.733.34$53,615
May 2002014,43524.663.58$51,735
Apr 20028413,97423.653.51$51,068
Mar 2002015,88522.003.10$49,287
Feb 2002013,64818.222.38$32,423
Jan 2002014,83717.172.38$35,248
Dec 2001015,75916.932.36$37,261
Nov 2001017,27218.072.41$41,548
Oct 2001015,48319.782.53$39,155
Sep 2001014,75124.262.25$33,209
Aug 2001016,04624.873.05$48,991
Jul 2001016,57823.933.20$53,001
Jun 2001017,07624.563.82$65,301
May 2001017,11125.524.31$73,703
Apr 2001017,27424.685.34$92,162
Mar 2001017,87324.545.38$96,093
Feb 20019516,32427.755.77$96,778
Jan 2001019,02827.478.40$159,812
Dec 2000018,87126.889.12$172,151
Nov 2000018,65032.215.66$105,522
Oct 2000019,19031.235.15$98,742
Sep 2000018,79531.875.19$97,480
Aug 2000019,78329.644.54$89,830
Jul 2000021,97228.534.09$89,860
Jun 2000021,99929.304.40$96,735
May 2000021,10527.263.68$77,661
Apr 2000021,82124.513.12$67,994
Mar 2000025,43128.422.86$72,726
Feb 2000015,24127.622.73$41,555
Jan 2000022,98925.272.48$57,024
Dec 1999024,26924.282.42$58,821
Nov 1999023,54823.192.43$57,316
Oct 1999026,18520.982.80$73,415
Sep 1999025,67821.752.62$67,247
Aug 199912926,44819.262.88$78,538
Jul 1999026,01917.892.37$61,727
Jun 1999028,56515.942.36$67,473
May 1999028,12815.792.32$65,286
Apr 1999027,30615.102.21$60,293
Mar 1999030,08112.471.84$55,299
Feb 1999031,5909.981.82$57,424
Jan 1999029,05510.381.90$55,203
Dec 1998030,2939.201.77$53,719
Nov 1998032,90610.892.19$71,923
Oct 1998033,73312.421.97$66,427
Sep 1998034,25912.592.08$71,348
Aug 1998039,66311.301.91$75,651
Jul 199815330,55711.742.24$70,160
Jun 1998039,09311.242.24$87,462
May 1998041,59012.622.21$91,762
Apr 1998032,13813.042.51$80,516
Mar 1998036,03012.802.31$83,209
Feb 1998030,88713.952.30$71,013
Jan 1998034,65314.702.15$74,670
Dec 199715534,81616.322.41$86,474
Nov 1997036,77618.193.09$113,574
Oct 1997041,38119.253.15$130,343
Sep 1997038,80817.742.95$114,673
Aug 1997045,40017.862.55$115,985
Jul 1997046,35017.582.25$104,146
Jun 1997046,40617.242.26$104,748
May 19976553,02018.972.31$123,630
Apr 199713451,48717.882.08$109,632
Mar 1997156,84018.951.94$110,240
Feb 1997156,57320.492.21$124,815
Jan 1997260,14623.483.54$212,946
Dec 199613466,98823.32$3,125
Nov 1996268,95621.97$44
Oct 199610677,36523.31$2,471
Sep 1996181,52622.22$22
Aug 1996091,15720.26$0
Jul 1996136103,61019.55$2,659
Jun 19960120,94118.73$0
May 19960155,16319.43$0
Apr 19962142,49521.51$43
Mar 1996094,10919.38$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                2,256 Mcf  × $  3.05 =     $6,871

────────────────────────────────────────────────────
Month total                                   $6,871

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/157822 is the state's own key, not one this site invented.