LECHENGER

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159654District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Feb 1996 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
364
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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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 Gas111996-09-17134467
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
CondensateDisposition10,419 bbl$356,848
GasProduction1,222,390 Mcf$3,499,528
Total$3,856,376

313,974 Mcf of this lease's gas, across 11 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 27.4913, -99.1887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.49125, -99.18872 · 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
8,762 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 8,762 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-47936405228,762 ftFeb 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 (364)

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

364 months

May 202606,415106.413.05$19,539
Apr 202606,09098.932.87$17,477
Mar 202606,56489.753.15$20,673
Feb 202605,78563.503.75$21,696
Jan 202606,68259.138.00$53,442
Dec 202506,89556.664.41$30,430
Nov 202506,66058.593.93$26,150
Oct 202507,25359.383.30$23,970
Sep 202507,27162.743.08$22,372
Aug 202507,90463.933.01$23,829
Jul 20251148,91066.743.32$37,147
Jun 202508,94466.483.13$27,983
May 2025010,13360.553.23$32,753
Apr 202509,98362.363.54$35,371
Mar 202509,08767.704.27$38,786
Feb 202509,71470.884.34$42,167
Jan 202516112,07374.324.28$63,622
Dec 2024013,58868.993.12$42,413
Nov 2024015,48669.052.20$34,045
Oct 2024021,25771.372.28$48,496
Sep 202427025,77669.612.36$79,738
Aug 202416732,83375.632.06$80,385
Jul 2024060479.932.15$1,297
Jun 2024015578.082.63$408
May 202407778.812.20$169
Apr 202404184.451.66$68
Mar 202403380.301.55$51
Feb 202406376.091.78$112
Jan 2024030573.023.30$1,006
Dec 2023029871.262.61$778
Nov 2023030677.892.81$859
Oct 2023032885.443.09$1,013
Sep 2023030589.042.74$834
Aug 2023036080.522.67$962
Jul 2023034974.852.64$922
Jun 2023030768.962.26$693
May 2023038270.622.23$851
Apr 2023035278.122.24$788
Mar 2023035872.852.39$857
Feb 2023030075.112.47$740
Jan 2023034176.533.39$1,155
Dec 2022029676.415.73$1,696
Nov 2022028885.005.65$1,626
Oct 2022034587.185.86$2,023
Sep 2022040884.888.16$3,331
Aug 2022036294.529.13$3,304
Jul 20220376101.587.54$2,836
Jun 20220263115.097.98$2,098
May 20220308109.378.43$2,597
Apr 20220131104.226.84$896
Mar 20220217108.885.08$1,102
Feb 2022029891.054.86$1,448
Jan 2022029081.844.54$1,316
Dec 2021039071.323.90$1,521
Nov 2021029577.435.24$1,545
Oct 2021034279.795.71$1,954
Sep 2021034769.865.35$1,857
Aug 2021037166.024.22$1,566
Jul 2021039370.783.98$1,565
Jun 2021041669.493.38$1,406
May 2021024363.483.02$733
Apr 2021045660.362.76$1,258
Mar 2021049461.302.72$1,342
Feb 2021037257.805.55$2,064
Jan 2021039350.412.81$1,104
Dec 2020034744.642.68$928
Nov 2020023438.772.71$633
Oct 2020015536.972.48$384
Sep 2020016137.091.99$321
Aug 2020018639.982.39$444
Jul 2020024538.371.83$447
Jun 2020042234.901.69$713
May 2020044816.921.81$813
Apr 2020043814.751.80$790
Mar 2020044730.341.86$830
Feb 2020044349.881.98$877
Jan 2020018257.252.09$381
Dec 2019015259.012.30$350
Nov 2019019155.302.75$525
Oct 2019023453.472.42$566
Sep 2019047755.052.66$1,268
Aug 2019059653.112.30$1,373
Jul 2019057956.272.46$1,424
Jun 2019054352.782.49$1,353
May 2019051958.482.74$1,422
Apr 2019057462.632.75$1,579
Mar 2019067456.803.06$2,064
Feb 2019043750.852.79$1,220
Jan 2019071446.033.23$2,305
Dec 2018067546.594.19$2,825
Nov 2018064152.934.24$2,716
Oct 2018060861.443.40$2,066
Sep 2018070859.543.11$2,200
Aug 2018075459.403.07$2,312
Jul 2018085065.142.93$2,492
Jun 2018080060.183.08$2,462
May 2018080665.382.90$2,338
Apr 2018082363.842.90$2,387
Mar 2018074761.222.79$2,082
Feb 2018062761.782.77$1,734
Jan 2018064262.874.01$2,574
Dec 2017068957.272.92$2,013
Nov 2017066155.423.12$2,061
Oct 2017071549.292.98$2,133
Sep 2017074247.523.09$2,291
Aug 201701,26745.373.00$3,807
Jul 201701,35843.873.09$4,193
Jun 201701,32042.493.09$4,075
May 201701,09945.373.26$3,586
Apr 2017081447.933.21$2,614
Mar 2017092046.772.98$2,745
Feb 2017072850.452.95$2,149
Jan 2017081049.413.42$2,769
Dec 2016080348.763.72$2,989
Nov 2016072342.492.64$1,912
Oct 2016086046.193.09$2,658
Sep 2016092641.553.10$2,871
Aug 2016097141.442.92$2,840
Jul 2016099641.622.92$2,913
Jun 2016098245.352.69$2,637
May 2016099442.521.99$1,979
Apr 201601,02136.561.99$2,033
Mar 2016096133.011.79$1,724
Feb 2016087626.472.06$1,808
Jan 20162793927.352.36$2,959
Dec 201501,01732.362.00$2,035
Nov 201501,02238.792.17$2,215
Oct 201501,04343.552.43$2,531
Sep 2015082542.992.76$2,276
Aug 2015082440.162.87$2,367
Jul 201501,42248.152.95$4,188
Jun 2015088856.152.88$2,560
May 201501,10955.212.96$3,278
Apr 201501,27149.822.71$3,440
Mar 201502,18842.892.93$6,421
Feb 2015011244.662.98$333
Jan 201502,54243.433.10$7,882
Dec 2014070354.693.59$2,525
Nov 2014038770.464.25$1,645
Oct 201401,10078.303.90$4,291
Sep 20147779086.164.05$9,830
Aug 201401,12089.394.04$4,519
Jul 201401,15696.564.18$4,832
Jun 2014093598.164.74$4,429
May 2014071994.734.73$3,398
Apr 2014063695.944.81$3,059
Mar 20147343595.895.06$9,200
Feb 2014032997.406.19$2,037
Jan 2014076290.404.86$3,704
Dec 2013067991.824.35$2,957
Nov 2013073988.853.74$2,763
Oct 2013080397.423.78$3,035
Sep 20130697104.113.72$2,591
Aug 201301,217104.253.52$4,287
Jul 20130691102.523.72$2,569
Jun 2013079294.403.93$3,115
May 20131191,00694.834.15$15,459
Apr 201301,17493.964.28$5,028
Mar 201301,01593.623.91$3,972
Feb 2013094091.233.42$3,215
Jan 201301,00391.603.42$3,430
Dec 2012093386.773.42$3,191
Nov 2012087886.953.62$3,183
Oct 2012098889.383.40$3,359
Sep 2012088494.672.92$2,580
Aug 2012089092.662.91$2,588
Jul 2012081885.133.02$2,471
Jun 2012083379.822.52$2,098
May 2012070991.612.49$1,764
Apr 20120931101.652.00$1,859
Mar 201201,149105.052.22$2,553
Feb 2012121967101.102.57$14,719
Jan 2012089898.092.73$2,455
Dec 2011082696.873.24$2,676
Nov 2011079595.723.31$2,632
Oct 201101,28184.983.65$4,674
Sep 201101,06683.623.99$4,249
Aug 201101,42283.404.15$5,900
Jul 201101,42094.144.52$6,414
Jun 201101,50992.904.64$7,002
May 201101,27198.134.40$5,599
Apr 201101,284105.964.33$5,564
Mar 20111801,37996.364.06$22,940
Feb 201101,08285.644.18$4,523
Jan 201101,38586.504.59$6,355
Dec 201001,37385.734.35$5,969
Nov 201001,19780.843.80$4,543
Oct 201001,29678.103.51$4,548
Sep 201001,24272.633.98$4,943
Aug 201001,14873.684.42$5,073
Jul 201001,52772.554.74$7,233
Jun 201001,62470.364.91$7,974
May 201001,81971.124.24$7,704
Apr 201001,82481.694.12$7,520
Mar 201002,00378.394.39$8,791
Feb 201001,77373.585.44$9,649
Jan 201001,74474.365.96$10,401
Dec 200901,69171.445.48$9,273
Nov 20091171,04374.593.75$12,640
Oct 200901,49172.544.11$6,128
Sep 200901,62865.543.06$4,989
Aug 200901,74267.423.22$5,607
Jul 200901,69661.133.46$5,876
Jun 200901,59666.163.90$6,216
May 200901,64754.743.93$6,466
Apr 200901,62446.773.59$5,826
Mar 200901,71842.144.06$6,973
Feb 20091031,51232.814.63$10,385
Jan 200901,54735.865.37$8,309
Dec 200801,55737.105.98$9,306
Nov 200801,55955.496.86$10,695
Oct 200801,72975.246.92$11,968
Sep 200801,625101.767.88$12,800
Aug 2008991,558114.228.48$24,524
Jul 200801,609131.0811.39$18,326
Jun 200801,781131.3313.03$23,211
May 20081111,900123.1711.57$35,663
Apr 200801,876110.3110.45$19,613
Mar 200802,013101.909.66$19,454
Feb 200801,85492.538.77$16,261
Jan 200801,85890.388.21$15,246
Dec 200701,80188.337.30$13,151
Nov 200701,63591.677.29$11,922
Oct 2007631,71882.856.92$17,112
Sep 200702,16175.846.24$13,494
Aug 200702,60869.066.39$16,660
Jul 200702,03570.906.39$12,999
Jun 200701,42062.007.55$10,719
May 2007691,45958.747.85$15,501
Apr 200701,42359.617.81$11,107
Mar 200702,04056.927.30$14,896
Feb 2007621,84555.108.22$18,575
Jan 200701,32050.306.73$8,879
Dec 2006811,75356.656.92$16,717
Nov 200601,64354.207.62$12,516
Oct 200601,78154.906.01$10,711
Sep 200601,76160.085.04$8,871
Aug 200601,83868.717.34$13,491
Jul 20061502,10269.376.34$23,738
Jun 200601,92166.286.38$12,263
May 200602,28666.016.42$14,688
Apr 200602,40864.397.36$17,724
Mar 200602,68756.707.08$19,032
Feb 20061282,19657.597.75$24,393
Jan 200601,49360.598.93$13,337
Dec 200502,62854.9413.42$35,256
Nov 200501,95054.6910.59$20,647
Oct 200502,81358.3413.80$38,807
Sep 200501,80661.4512.08$21,815
Aug 200502,52361.519.80$24,717
Jul 200501,47655.697.84$11,577
Jun 200502,71852.337.38$20,062
May 20051412,29045.226.65$21,607
Apr 200502,75349.207.36$20,263
Mar 200502,89750.377.15$20,728
Feb 2005862,46245.226.31$19,429
Jan 200502,42043.166.32$15,300
Dec 20041012,06339.866.75$17,953
Nov 200401,98845.286.33$12,585
Oct 20041112,27649.706.52$20,345
Sep 200402,15443.245.28$11,382
Aug 200402,60942.375.55$14,482
Jul 200402,21338.286.08$13,464
Jun 200402,44936.106.43$15,754
May 200402,07337.486.49$13,463
Apr 200401,65034.475.86$9,666
Mar 20041492,59634.365.53$19,476
Feb 200401,90332.455.51$10,485
Jan 200402,46632.036.30$15,535
Dec 200302,60330.266.30$16,403
Nov 200302,54428.804.60$11,690
Oct 20031642,76028.174.76$17,756
Sep 200302,73026.314.75$12,966
Aug 200302,92129.765.13$14,984
Jul 200303,05529.415.17$15,797
Jun 2003932,99128.565.98$20,551
May 200302,85626.595.97$17,058
Apr 200302,50726.675.41$13,556
Mar 20031592,84631.146.10$22,301
Feb 200302,68033.487.93$21,241
Jan 200303,12330.315.58$17,433
Dec 200203,21026.914.85$15,581
Nov 20021752,78824.664.14$15,849
Oct 200202,92326.464.23$12,362
Sep 200202,84127.443.64$10,328
Aug 200203,02225.963.16$9,562
Jul 20021623,24524.583.06$13,917
Jun 200203,46223.733.34$11,557
May 200202,84524.663.58$10,196
Apr 200203,15023.653.51$11,064
Mar 200202,53322.003.10$7,859
Feb 20021722,63218.222.38$9,387
Jan 200203,70217.172.38$8,795
Dec 20011003,82216.932.36$10,730
Nov 200103,83618.072.41$9,228
Oct 200104,25119.782.53$10,750
Sep 20011594,54124.262.25$14,081
Aug 200105,22524.873.05$15,953
Jul 200102,31923.933.20$7,414
Jun 2001871,55524.563.82$8,083
May 200102,25425.524.31$9,709
Apr 200103,95524.685.34$21,101
Mar 20011153,73224.545.38$22,887
Feb 200103,62827.755.77$20,923
Jan 2001794,11127.478.40$36,697
Dec 20001444,26926.889.12$42,815
Nov 200004,18132.215.66$23,656
Oct 20001614,53231.235.15$28,347
Sep 200004,66731.875.19$24,205
Aug 20001025,14329.644.54$26,376
Jul 200005,36728.534.09$21,950
Jun 20001785,25329.304.40$28,314
May 200004,59227.263.68$16,897
Apr 200003,43324.513.12$10,697
Mar 20001582,90628.422.86$12,801
Feb 200003,79327.622.73$10,342
Jan 200004,99025.272.48$12,378
Dec 199904,36524.282.42$10,580
Nov 19991806,01923.192.43$18,824
Oct 199907,50420.982.80$21,039
Sep 19991332,46021.752.62$9,335
Aug 199901,33719.262.88$3,845
Jul 199903,06417.892.37$7,269
Jun 199904,47115.942.36$10,561
May 19991525,81215.792.32$15,890
Apr 199905,59915.102.21$12,363
Mar 19991566,22512.471.84$13,389
Feb 199905,9819.981.82$10,872
Jan 19991795,67910.381.90$12,648
Dec 199806,8789.201.77$12,197
Nov 199805,56310.892.19$12,159
Oct 19981616,13912.421.97$14,089
Sep 199805,36212.592.08$11,167
Aug 199806,70411.301.91$12,787
Jul 19981586,10011.742.24$15,502
Jun 199806,24011.242.24$13,961
May 199807,03512.622.21$15,522
Apr 19981726,98113.042.51$19,733
Mar 199806,19612.802.31$14,309
Feb 199803,99713.952.30$9,190
Jan 19981756,83314.702.15$17,296
Dec 199706,85916.322.41$16,538
Nov 19971836,68618.193.09$23,977
Oct 199706,82719.253.15$21,504
Sep 199707,11917.742.95$21,036
Aug 199718011,42917.862.55$32,413
Jul 199717311,48217.582.25$28,841
Jun 199705,22117.242.26$11,785
May 199716,94518.972.31$16,052
Apr 19971517,80917.882.08$18,964
Mar 199716,21718.951.94$12,075
Feb 19971826,82120.492.21$18,776
Jan 199728,59523.483.54$30,471
Dec 199618210,33323.32$4,244
Nov 199616411,36021.97$3,603
Oct 1996110,76523.31$23
Sep 199617311,61122.22$3,844
Aug 199615215,19520.26$3,080
Jul 199617120,27019.55$3,343
Jun 199633122,21418.73$6,200
May 199614917,26919.43$2,895
Apr 199616334,72921.51$3,506
Mar 199651376,24019.38$9,942
Feb 199699383,98816.98$16,861

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                6,415 Mcf  × $  3.05 =    $19,539

────────────────────────────────────────────────────
Month total                                  $19,539

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/159654 is the state's own key, not one this site invented.