CANALES

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 158740District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.8 M
May 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
361
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 Gas111996-07-30134977
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
CondensateDisposition38 bbl$1,061
GasProduction6,174,659 Mcf$21,796,047
Total$21,797,108

791,747 Mcf of this lease's gas, across 8 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 27.1850, -99.3283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18504, -99.32829 · 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
10,500 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 10,500 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-505334051610,500 ftMay 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 (361)

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

361 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 202409576.091.78$169
Jan 202405573.023.30$181
Dec 20230571.262.61$13
Nov 202302377.892.81$65
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 202201985.005.65$107
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 20212069.865.35$140
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202104,99069.493.38$16,869
May 202106,89463.483.02$20,804
Apr 202105,49360.362.76$15,152
Mar 202106,60661.302.72$17,948
Feb 202104,91457.805.55$27,263
Jan 202106,35350.412.81$17,854
Dec 202007,94744.642.68$21,262
Nov 202007,58438.772.71$20,527
Oct 202007,85136.972.48$19,458
Sep 202007,61637.091.99$15,164
Aug 202008,05139.982.39$19,202
Jul 202008,21138.371.83$14,986
Jun 202008,05934.901.69$13,622
May 202008,48416.921.81$15,396
Apr 202008,31514.751.80$15,003
Mar 202008,45530.341.86$15,694
Feb 202007,89349.881.98$15,633
Jan 202008,97857.252.09$18,807
Dec 201909,02559.012.30$20,797
Nov 201908,77855.302.75$24,146
Oct 201909,13853.472.42$22,101
Sep 201938,65255.052.66$23,156
Aug 201909,22353.112.30$21,253
Jul 201909,39156.272.46$23,102
Jun 201909,03752.782.49$22,513
May 201909,39158.482.74$25,734
Apr 201909,18862.632.75$25,273
Mar 201919,68056.803.06$29,698
Feb 201908,42450.852.79$23,522
Jan 201909,42846.033.23$30,435
Dec 201809,23646.594.19$38,657
Nov 201809,29852.934.24$39,398
Oct 201809,83661.443.40$33,424
Sep 201809,35859.543.11$29,085
Aug 201809,04259.403.07$27,728
Jul 201809,10065.142.93$26,680
Jun 201819,10460.183.08$28,072
May 201809,43265.382.90$27,360
Apr 201808,94263.842.90$25,939
Mar 201809,56261.222.79$26,648
Feb 201808,70961.782.77$24,090
Jan 201809,49462.874.01$38,064
Dec 201709,62057.272.92$28,105
Nov 201708,83955.423.12$27,563
Oct 2017010,21749.292.98$30,484
Sep 201709,09247.523.09$28,070
Aug 201709,87945.373.00$29,680
Jul 201709,87643.873.09$30,490
Jun 201709,67642.493.09$29,873
May 2017010,09245.373.26$32,934
Apr 201709,69747.933.21$31,143
Mar 2017010,06146.772.98$30,019
Feb 201709,35950.452.95$27,633
Jan 2017010,37049.413.42$35,453
Dec 2016010,21348.763.72$38,021
Nov 2016010,14442.492.64$26,824
Oct 2016010,59046.193.09$32,726
Sep 201609,61041.553.10$29,797
Aug 2016010,38141.442.92$30,358
Jul 2016010,78641.622.92$31,542
Jun 2016010,81645.352.69$29,050
May 2016010,42142.521.99$20,749
Apr 201608,94436.561.99$17,808
Mar 201609,10933.011.79$16,342
Feb 201608,36226.472.06$17,256
Jan 201607,91327.352.36$18,709
Dec 201508,66232.362.00$17,336
Nov 2015010,32038.792.17$22,367
Oct 2015010,61143.552.43$25,748
Sep 2015010,43742.992.76$28,790
Aug 2015010,91040.162.87$31,339
Jul 2015011,03848.152.95$32,508
Jun 2015010,57256.152.88$30,478
May 2015011,19055.212.96$33,071
Apr 2015010,32449.822.71$27,943
Mar 2015011,18042.892.93$32,810
Feb 2015010,09144.662.98$30,033
Jan 2015011,39943.433.10$35,344
Dec 2014011,63854.693.59$41,796
Nov 2014010,75470.464.25$45,724
Oct 2014011,44878.303.90$44,658
Sep 2014011,15886.164.05$45,139
Aug 2014011,46589.394.04$46,263
Jul 2014011,59796.564.18$48,471
Jun 2014011,27798.164.74$53,418
May 2014011,87794.734.73$56,137
Apr 2014011,58295.944.81$55,699
Mar 2014011,67295.895.06$59,023
Feb 201409,13197.406.19$56,539
Jan 2014011,57090.404.86$56,239
Dec 2013010,40091.824.35$45,287
Nov 2013011,70988.853.74$43,772
Oct 201309,89297.423.78$37,385
Sep 2013011,345104.113.72$42,178
Aug 2013011,289104.253.52$39,767
Jul 2013011,798102.523.72$43,862
Jun 2013011,66094.403.93$45,864
May 2013012,25594.834.15$50,847
Apr 2013011,47593.964.28$49,143
Mar 2013010,80393.623.91$42,271
Feb 2013011,10391.233.42$37,971
Jan 2013011,98891.603.42$40,998
Dec 2012012,15986.773.42$41,586
Nov 2012011,96986.953.62$43,387
Oct 2012012,28689.383.40$41,768
Sep 2012012,08994.672.92$35,281
Aug 2012012,56692.662.91$36,544
Jul 2012012,71385.133.02$38,403
Jun 2012012,45779.822.52$31,380
May 2012010,45791.612.49$26,020
Apr 2012012,038101.652.00$24,037
Mar 2012012,743105.052.22$28,316
Feb 2012011,535101.102.57$29,648
Jan 2012012,54798.092.73$34,305
Dec 2011013,13796.873.24$42,560
Nov 2011012,78295.723.31$42,325
Oct 2011013,33084.983.65$48,635
Sep 2011013,09983.623.99$52,210
Aug 2011013,63983.404.15$56,593
Jul 2011013,73694.144.52$62,049
Jun 2011013,50192.904.64$62,643
May 2011014,37198.134.40$63,302
Apr 2011012,107105.964.33$52,463
Mar 2011012,96696.364.06$52,607
Feb 2011011,86885.644.18$49,608
Jan 2011013,87586.504.59$63,669
Dec 2010013,80285.734.35$60,008
Nov 2010013,30780.843.80$50,504
Oct 2010013,88778.103.51$48,728
Sep 2010013,17272.633.98$52,418
Aug 2010013,70173.684.42$60,550
Jul 2010014,15372.554.74$67,036
Jun 2010013,87370.364.91$68,122
May 2010014,08871.124.24$59,666
Apr 2010014,19981.694.12$58,538
Mar 2010014,40778.394.39$63,228
Feb 2010013,65473.585.44$74,310
Jan 2010014,83274.365.96$88,459
Dec 2009015,47571.445.48$84,861
Nov 2009015,27974.593.75$57,319
Oct 2009015,76372.544.11$64,790
Sep 2009015,68565.543.06$48,071
Aug 2009015,87367.423.22$51,087
Jul 2009016,75961.133.46$58,062
Jun 2009017,07266.163.90$66,495
May 2009017,40554.743.93$68,328
Apr 2009018,40946.773.59$66,042
Mar 2009014,08242.144.06$57,159
Feb 2009012,02932.814.63$55,730
Jan 2009014,34135.865.37$77,026
Dec 2008015,47437.105.98$92,490
Nov 2008013,58055.496.86$93,164
Oct 2008013,82875.246.92$95,717
Sep 2008012,730101.767.88$100,275
Aug 2008013,368114.228.48$113,401
Jul 2008011,546131.0811.39$131,502
Jun 2008012,347131.3313.03$160,914
May 2008013,683123.1711.57$158,371
Apr 2008013,136110.3110.45$137,335
Mar 2008013,425101.909.66$129,740
Feb 2008013,09092.538.77$114,807
Jan 2008014,75490.388.21$121,067
Dec 2007013,75688.337.30$100,446
Nov 2007013,80091.677.29$100,625
Oct 2007015,47882.856.92$107,138
Sep 2007013,65975.846.24$85,289
Aug 2007012,90869.066.39$82,456
Jul 2007011,82670.906.39$75,544
Jun 2007012,83562.007.55$96,884
May 2007013,80958.747.85$108,349
Apr 2007013,90459.617.81$108,524
Mar 2007016,07356.927.30$117,365
Feb 2007011,76955.108.22$96,694
Jan 2007014,46350.306.73$97,290
Dec 2006014,47456.656.92$100,138
Nov 2006013,83354.207.62$105,373
Oct 2006016,05954.906.01$96,576
Sep 2006016,50460.085.04$83,134
Aug 2006014,31968.717.34$105,100
Jul 2006014,90569.376.34$94,539
Jun 2006015,13866.286.38$96,639
May 2006015,94266.016.42$102,427
Apr 2006016,02364.397.36$117,937
Mar 2006017,84856.707.08$126,416
Feb 2006014,33257.597.75$111,089
Jan 2006016,02060.598.93$143,112
Dec 2005015,75654.9413.42$211,373
Nov 2005016,43954.6910.59$174,063
Oct 2005017,09658.3413.80$235,852
Sep 2005017,79661.4512.08$214,958
Aug 2005016,03861.519.80$157,122
Jul 2005017,17555.697.84$134,715
Jun 2005016,79552.337.38$123,965
May 2005017,81245.226.65$118,470
Apr 2005018,22749.207.36$134,159
Mar 2005017,23750.377.15$123,329
Feb 2005016,23745.226.31$102,487
Jan 2005017,96243.166.32$113,559
Dec 2004018,16039.866.75$122,600
Nov 2004019,48545.286.33$123,348
Oct 2004018,28849.706.52$119,148
Sep 2004017,27943.245.28$91,301
Aug 2004018,49542.375.55$102,659
Jul 2004020,11838.286.08$122,402
Jun 2004018,87036.106.43$121,391
May 2004018,58837.486.49$120,721
Apr 2004018,42534.475.86$107,942
Mar 2004019,44634.365.53$107,539
Feb 2004019,13632.455.51$105,432
Jan 2004020,06732.036.30$126,415
Dec 2003019,38430.266.30$122,151
Nov 2003018,49828.804.60$85,001
Oct 2003019,62828.174.76$93,422
Sep 2003019,09426.314.75$90,684
Aug 2003020,47929.765.13$105,052
Jul 2003021,92529.415.17$113,371
Jun 2003019,40428.565.98$116,093
May 2003020,33026.595.97$121,425
Apr 2003020,28226.675.41$109,670
Mar 2003021,71831.146.10$132,394
Feb 2003020,41333.487.93$161,791
Jan 2003022,89430.315.58$127,795
Dec 2002022,20626.914.85$107,783
Nov 2002021,85324.664.14$90,405
Oct 2002022,73726.464.23$96,158
Sep 2002023,02027.443.64$83,682
Aug 2002024,25725.963.16$76,753
Jul 2002024,17824.583.06$74,027
Jun 2002022,16423.733.34$73,989
May 2002023,65324.663.58$84,772
Apr 2002023,85623.653.51$83,790
Mar 2002025,08322.003.10$77,826
Feb 2002023,24418.222.38$55,220
Jan 2002026,50017.172.38$62,956
Dec 2001026,46116.932.36$62,564
Nov 2001026,06118.072.41$62,690
Oct 2001025,92419.782.53$65,559
Sep 2001024,91424.262.25$56,089
Aug 2001027,16524.873.05$82,939
Jul 2001028,20123.933.20$90,161
Jun 2001025,83724.563.82$98,805
May 2001026,75225.524.31$115,229
Apr 2001026,13024.685.34$139,412
Mar 2001027,47724.545.38$147,728
Feb 2001025,40027.755.77$146,484
Jan 2001027,76027.478.40$233,150
Dec 2000028,40126.889.12$259,088
Nov 2000027,90532.215.66$157,886
Oct 2000029,24931.235.15$150,501
Sep 2000027,42431.875.19$142,235
Aug 2000028,94129.644.54$131,414
Jul 2000029,40528.534.09$120,259
Jun 2000029,03729.304.40$127,683
May 2000029,88127.263.68$109,955
Apr 2000029,00024.513.12$90,364
Mar 2000030,53328.422.86$87,317
Feb 2000028,68427.622.73$78,207
Jan 2000031,00325.272.48$76,903
Dec 1999031,22424.282.42$75,678
Nov 1999030,81623.192.43$75,006
Oct 1999032,41320.982.80$90,877
Sep 1999032,18421.752.62$84,285
Aug 1999033,25919.262.88$95,640
Jul 1999034,27717.892.37$81,318
Jun 1999032,57015.942.36$76,934
May 1999034,20615.792.32$79,393
Apr 1999033,53715.102.21$74,051
Mar 1999037,29112.471.84$68,553
Feb 1999032,0849.981.82$58,322
Jan 1999036,88210.381.90$70,074
Dec 1998039,4099.201.77$69,885
Nov 1998039,10710.892.19$85,477
Oct 1998039,89512.421.97$78,562
Sep 1998039,60212.592.08$82,476
Aug 1998041,34911.301.91$78,867
Jul 1998042,23611.742.24$94,493
Jun 1998041,95711.242.24$93,869
May 1998043,75012.622.21$96,527
Apr 1998042,51113.042.51$106,504
Mar 1998045,76812.802.31$105,698
Feb 1998042,32913.952.30$97,320
Jan 1998046,32714.702.15$99,825
Dec 1997048,09016.322.41$115,950
Nov 1997048,57718.193.09$150,018
Oct 1997051,83819.253.15$163,280
Sep 1997051,42817.742.95$151,964
Aug 1997054,76817.862.55$139,918
Jul 1997056,77617.582.25$127,572
Jun 1997057,13417.242.26$128,963
May 1997261,97218.972.31$143,100
Apr 1997262,13717.882.08$129,453
Mar 1997366,65918.951.94$129,318
Feb 1997263,68720.492.21$140,528
Jan 1997074,69023.483.54$264,380
Dec 1996375,70923.32$70
Nov 1996481,65921.97$88
Oct 1996389,05923.31$70
Sep 1996294,52422.22$44
Aug 19961103,70220.26$20
Jul 19960116,75319.55$0
Jun 19960132,33718.73$0
May 1996998,00419.43$175

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                   95 Mcf  × $  1.78 =       $169

────────────────────────────────────────────────────
Month total                                     $169

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/158740 is the state's own key, not one this site invented.