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 160625District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Feb 1996 – May 2026
Value, last 12 filed months
$61 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 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 Gas111996-12-23134609
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
CondensateDisposition870 bbl$36,835
GasProduction3,691,442 Mcf$8,566,820
Total$8,603,655

1,256,829 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 27.2678, -99.3698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26784, -99.36978 · 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
9,420 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 9,420 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-5053337669,420 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 202601,318106.413.05$4,014
Apr 202601,31298.932.87$3,765
Mar 202601,35989.753.15$4,280
Feb 202601,18063.503.75$4,425
Jan 202601,33559.138.00$10,677
Dec 202501,34756.664.41$5,945
Nov 202501,36558.593.93$5,360
Oct 202501,62159.383.30$5,357
Sep 202501,23862.743.08$3,809
Aug 202501,50163.933.01$4,525
Jul 202501,49866.743.32$4,966
Jun 202501,28466.483.13$4,017
May 202501,52560.553.23$4,929
Apr 202501,48862.363.54$5,272
Mar 2025461,57667.704.27$9,841
Feb 202501,53270.884.34$6,650
Jan 202501,43774.324.28$6,148
Dec 202401,48768.993.12$4,641
Nov 202401,55869.052.20$3,425
Oct 2024421,70071.372.28$6,876
Sep 202401,49169.612.36$3,525
Aug 202401,61675.632.06$3,335
Jul 202401,71179.932.15$3,673
Jun 202401,70878.082.63$4,499
May 202401,81178.812.20$3,981
Apr 202401,77084.451.66$2,937
Mar 202401,78580.301.55$2,758
Feb 202401,74476.091.78$3,111
Jan 202401,69673.023.30$5,593
Dec 202301,83171.262.61$4,780
Nov 202301,83777.892.81$5,157
Oct 202301,97185.443.09$6,085
Sep 202301,97789.042.74$5,407
Aug 202302,10680.522.67$5,629
Jul 202302,04974.852.64$5,413
Jun 202302,04968.962.26$4,628
May 202302,15170.622.23$4,791
Apr 202302,31078.122.24$5,169
Mar 202302,47472.852.39$5,921
Feb 202302,25175.112.47$5,550
Jan 202302,55976.533.39$8,669
Dec 202202,54076.415.73$14,552
Nov 202202,54585.005.65$14,370
Oct 202202,65087.185.86$15,539
Sep 202202,60784.888.16$21,283
Aug 202202,81994.529.13$25,729
Jul 202202,942101.587.54$22,189
Jun 202202,930115.097.98$23,373
May 202202,956109.378.43$24,928
Apr 202202,545104.226.84$17,402
Mar 202203,084108.885.08$15,656
Feb 202202,72591.054.86$13,240
Jan 202203,29681.844.54$14,956
Dec 202103,48071.323.90$13,569
Nov 202103,18077.435.24$16,653
Oct 202103,51779.795.71$20,096
Sep 202103,43169.865.35$18,359
Aug 202103,57566.024.22$15,089
Jul 202103,84070.783.98$15,291
Jun 202104,03469.493.38$13,637
May 202103,15363.483.02$9,515
Apr 202103,75360.362.76$10,352
Mar 202103,92561.302.72$10,664
Feb 202103,45057.805.55$19,140
Jan 202104,51450.412.81$12,686
Dec 202004,61544.642.68$12,347
Nov 202004,54838.772.71$12,309
Oct 202004,94636.972.48$12,258
Sep 202004,93637.091.99$9,828
Aug 202005,44539.982.39$12,987
Jul 202005,63738.371.83$10,288
Jun 202005,18134.901.69$8,758
May 202005,64216.921.81$10,239
Apr 202005,66814.751.80$10,227
Mar 202006,20530.341.86$11,518
Feb 2020705,78949.881.98$14,958
Jan 202006,74357.252.09$14,125
Dec 201906,99459.012.30$16,117
Nov 201906,52755.302.75$17,954
Oct 201908,24253.472.42$19,934
Sep 2019228,76655.052.66$24,505
Aug 201919,95253.112.30$22,986
Jul 2019010,86756.272.46$26,733
Jun 2019011,52452.782.49$28,709
May 2019014,08358.482.74$38,592
Apr 2019016,18762.632.75$44,526
Mar 201913024,58856.803.06$82,675
Feb 201919326,76750.852.79$84,553
Jan 2019024,10746.033.23$77,822
Dec 201801,41846.594.19$5,935
Nov 2018066752.934.24$2,826
Oct 2018073761.443.40$2,504
Sep 2018071059.543.11$2,207
Aug 2018067859.403.07$2,079
Jul 2018070265.142.93$2,058
Jun 2018069760.183.08$2,145
May 2018078465.382.90$2,274
Apr 2018053563.842.90$1,552
Mar 2018078461.222.79$2,185
Feb 2018087661.782.77$2,423
Jan 2018085562.874.01$3,428
Dec 201701,03657.272.92$3,027
Nov 201701,13855.423.12$3,549
Oct 201701,25349.292.98$3,739
Sep 201702,01347.523.09$6,215
Aug 201701,99545.373.00$5,994
Jul 201701,94443.873.09$6,002
Jun 201702,21042.493.09$6,823
May 201702,49745.373.26$8,149
Apr 201702,54647.933.21$8,177
Mar 201702,48746.772.98$7,420
Feb 201702,20950.452.95$6,522
Jan 201701,05849.413.42$3,617
Dec 201601,10248.763.72$4,103
Nov 201601,06542.492.64$2,816
Oct 201601,05446.193.09$3,257
Sep 201601,17841.553.10$3,653
Aug 201601,30941.442.92$3,828
Jul 201601,24141.622.92$3,629
Jun 201601,42745.352.69$3,833
May 201601,65542.521.99$3,295
Apr 201601,65636.561.99$3,297
Mar 201601,76833.011.79$3,172
Feb 201601,87326.472.06$3,865
Jan 201602,49027.352.36$5,887
Dec 201502,88032.362.00$5,764
Nov 201502,59638.792.17$5,626
Oct 201502,70343.552.43$6,559
Sep 201502,55742.992.76$7,053
Aug 201502,68540.162.87$7,713
Jul 201502,11348.152.95$6,223
Jun 201503,32056.152.88$9,571
May 201502,33055.212.96$6,886
Apr 201502,96549.822.71$8,025
Mar 201503,42942.892.93$10,063
Feb 201503,20444.662.98$9,536
Jan 201503,58243.433.10$11,106
Dec 201403,37754.693.59$12,128
Nov 201403,53470.464.25$15,026
Oct 201403,79278.303.90$14,792
Sep 201403,08286.164.05$12,468
Aug 201403,24689.394.04$13,098
Jul 201403,76596.564.18$15,736
Jun 201403,64098.164.74$17,242
May 201403,74894.734.73$17,715
Apr 201403,79295.944.81$18,236
Mar 201403,98295.895.06$20,136
Feb 201403,78697.406.19$23,443
Jan 201404,23690.404.86$20,590
Dec 201304,47891.824.35$19,499
Nov 201304,55688.853.74$17,032
Oct 201302,07097.423.78$7,823
Sep 201304,246104.113.72$15,786
Aug 201304,555104.253.52$16,045
Jul 201304,113102.523.72$15,291
Jun 201304,52594.403.93$17,799
May 201303,94094.834.15$16,347
Apr 201304,85493.964.28$20,788
Mar 201304,92793.623.91$19,279
Feb 201304,83691.233.42$16,539
Jan 201305,01591.603.42$17,151
Dec 201203,76686.773.42$12,880
Nov 201205,60286.953.62$20,307
Oct 201202,90589.383.40$9,876
Sep 201204,40794.672.92$12,861
Aug 201203,29492.662.91$9,579
Jul 201203,81085.133.02$11,509
Jun 201203,22379.822.52$8,119
May 201204,40591.612.49$10,961
Apr 201203,862101.652.00$7,712
Mar 201203,856105.052.22$8,568
Feb 201203,570101.102.57$9,176
Jan 201204,63198.092.73$12,662
Dec 201104,12796.873.24$13,370
Nov 201104,87695.723.31$16,146
Oct 201105,58384.983.65$20,370
Sep 201104,25383.623.99$16,952
Aug 201104,41383.404.15$18,311
Jul 201105,15294.144.52$23,273
Jun 201105,24092.904.64$24,313
May 201106,48398.134.40$28,556
Apr 201106,855105.964.33$29,705
Mar 201106,84896.364.06$27,785
Feb 201106,22885.644.18$26,033
Jan 201106,57886.504.59$30,185
Dec 201006,02985.734.35$26,213
Nov 201006,33080.843.80$24,024
Oct 201001,86278.103.51$6,534
Sep 2010056172.633.98$2,232
Aug 2010078973.684.42$3,487
Jul 2010084072.554.74$3,979
Jun 2010099970.364.91$4,905
May 201001,15671.124.24$4,896
Apr 201001,28981.694.12$5,314
Mar 201001,53378.394.39$6,728
Feb 201001,81973.585.44$9,900
Jan 201001,45274.365.96$8,660
Dec 200903,89371.445.48$21,348
Nov 200904,79574.593.75$17,988
Oct 200904,09172.544.11$16,815
Sep 200904,54465.543.06$13,926
Aug 200904,40067.423.22$14,161
Jul 200901,74261.133.46$6,035
Jun 200901,62966.163.90$6,345
May 200902,40954.743.93$9,457
Apr 200903,85146.773.59$13,815
Mar 200904,51542.144.06$18,326
Feb 200901,50132.814.63$6,954
Jan 200905,32035.865.37$28,574
Dec 200802,26237.105.98$13,520
Nov 200803,42655.496.86$23,504
Oct 200802,24475.246.92$15,533
Sep 200801,602101.767.88$12,619
Aug 200804,491114.228.48$38,097
Jul 200804,391131.0811.39$50,011
Jun 200801,317131.3313.03$17,164
May 200803,645123.1711.57$42,188
Apr 200801,370110.3110.45$14,323
Mar 20080723101.909.66$6,987
Feb 2008061692.538.77$5,403
Jan 200801,38090.388.21$11,324
Dec 200701,66388.337.30$12,143
Nov 200703,84891.677.29$28,058
Oct 200702,94182.856.92$20,358
Sep 200702,39775.846.24$14,967
Aug 200703,43569.066.39$21,943
Jul 200703,25670.906.39$20,799
Jun 200706,58862.007.55$49,729
May 200703,08458.747.85$24,198
Apr 200706,10759.617.81$47,666
Mar 200706,20956.927.30$45,338
Feb 200705,69355.108.22$46,774
Jan 200706,44450.306.73$43,348
Dec 200602,84956.656.92$19,711
Nov 200606,06954.207.62$46,230
Oct 200606,01554.906.01$36,173
Sep 200606,03960.085.04$30,420
Aug 200606,21568.717.34$45,618
Jul 200604,64769.376.34$29,475
Jun 200603,43966.286.38$21,954
May 200604,72166.016.42$30,332
Apr 200604,42164.397.36$32,541
Mar 200604,91056.707.08$34,777
Feb 200604,66857.597.75$36,182
Jan 200602,52060.598.93$22,512
Dec 200507,13254.9413.42$95,679
Nov 200506,49854.6910.59$68,803
Oct 200503,71358.3413.80$51,224
Sep 200506,36161.4512.08$76,835
Aug 200507,76861.519.80$76,102
Jul 200507,71855.697.84$60,537
Jun 200507,40352.337.38$54,642
May 200506,63145.226.65$44,104
Apr 200506,59449.207.36$48,535
Mar 200502,50450.377.15$17,916
Feb 200501,26845.226.31$8,004
Jan 2005333,03443.166.32$20,606
Dec 200403,44939.866.75$23,284
Nov 200408,16545.286.33$51,688
Oct 200408,81549.706.52$57,431
Sep 200408,79543.245.28$46,472
Aug 200409,31942.375.55$51,727
Jul 200409,26338.286.08$56,358
Jun 200408,59936.106.43$55,318
May 200407,82637.486.49$50,827
Apr 200407234.475.86$422
Mar 2004024634.365.53$1,360
Feb 2004042632.455.51$2,347
Jan 2004056832.036.30$3,578
Dec 20035636130.266.30$3,969
Nov 2003031028.804.60$1,425
Oct 2003071128.174.76$3,384
Sep 200301,82926.314.75$8,687
Aug 200301,25029.765.13$6,412
Jul 200301,18429.415.17$6,122
Jun 200301,41828.565.98$8,484
May 200302,91726.595.97$17,422
Apr 200306,33426.675.41$34,250
Mar 200306,85531.146.10$41,788
Feb 200305,80533.487.93$46,010
Jan 200308,59430.315.58$47,972
Dec 200209,63926.914.85$46,785
Nov 200208,82324.664.14$36,500
Oct 200209,38426.464.23$39,686
Sep 200208,42827.443.64$30,637
Aug 2002010,99025.963.16$34,774
Jul 2002011,22024.583.06$34,353
Jun 2002011,96023.733.34$39,925
May 200206,01324.663.58$21,551
Apr 200201,99623.653.51$7,011
Mar 200203,39222.003.10$10,524
Feb 200273,18518.222.38$7,694
Jan 2002548,20717.172.38$20,424
Dec 200108,39316.932.36$19,844
Nov 200104,57218.072.41$10,998
Oct 200106,16319.782.53$15,585
Sep 200106,06924.262.25$13,663
Aug 200108,37424.873.05$25,567
Jul 200107,88823.933.20$25,219
Jun 2001107,80724.563.82$30,101
May 200109,09825.524.31$39,188
Apr 2001010,01724.685.34$53,444
Mar 200108,89524.545.38$47,823
Feb 200107,93927.755.77$45,785
Jan 200105,52927.478.40$46,437
Dec 200004,62926.889.12$42,228
Nov 200014,38532.215.66$24,843
Oct 200007,16331.235.15$36,857
Sep 2000012,38431.875.19$64,230
Aug 2000014,78729.644.54$67,144
Jul 2000013,89428.534.09$56,823
Jun 2000811,75229.304.40$51,911
May 2000012,72627.263.68$46,829
Apr 2000012,13624.513.12$37,816
Mar 200008,71128.422.86$24,911
Feb 200009,83027.622.73$26,802
Jan 2000011,78425.272.48$29,230
Dec 1999015,22324.282.42$36,896
Nov 1999012,57423.192.43$30,605
Oct 1999015,54520.982.80$43,584
Sep 1999019,11021.752.62$50,046
Aug 1999018,15819.262.88$52,215
Jul 1999018,29917.892.37$43,412
Jun 1999019,45715.942.36$45,959
May 1999019,75815.792.32$45,859
Apr 1999020,97415.102.21$46,312
Mar 1999022,10412.471.84$40,634
Feb 1999022,1449.981.82$40,253
Jan 1999021,69610.381.90$41,221
Dec 1998022,6309.201.77$40,130
Nov 1998025,16010.892.19$54,993
Oct 1998026,95512.421.97$53,080
Sep 1998027,34312.592.08$56,945
Aug 1998028,67011.301.91$54,684
Jul 1998026,74311.742.24$59,831
Jun 1998030,69511.242.24$68,673
May 1998030,20312.622.21$66,638
Apr 1998033,03413.042.51$82,761
Mar 1998033,96212.802.31$78,433
Feb 1998025,16513.952.30$57,858
Jan 1998023,22614.702.15$50,047
Dec 1997030,25816.322.41$72,955
Nov 1997032,95118.193.09$101,761
Oct 19977435,66019.253.15$113,747
Sep 1997029,67517.742.95$87,686
Aug 1997031,61317.862.55$80,763
Jul 1997038,19617.582.25$85,824
Jun 1997040,22417.242.26$90,794
May 1997350,24518.972.31$116,047
Apr 1997152,82517.882.08$110,041
Mar 1997561,34418.951.94$119,049
Feb 1997251,76720.492.21$114,234
Jan 1997265,05523.483.54$230,322
Dec 1996168,32023.32$23
Nov 19969374,81421.97$2,043
Oct 1996487,12123.31$93
Sep 1996294,76322.22$44
Aug 19961112,67620.26$20
Jul 19960121,30219.55$0
Jun 19960150,75218.73$0
May 19968175,45419.43$155
Apr 19961192,14721.51$22
Mar 19960179,48019.38$0
Feb 19960016.98$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                1,318 Mcf  × $  3.05 =     $4,014

────────────────────────────────────────────────────
Month total                                   $4,014

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/160625 is the state's own key, not one this site invented.