FROST NATIONAL BANK

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

Gas lease lease 168903District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jun 1998 – May 2026
Value, last 12 filed months
$206
at the published price for each month
Months reported
336
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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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 Gas111998-10-16139605
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
CondensateDisposition64 bbl$2,390
GasProduction1,879,229 Mcf$7,508,175
Total$7,510,565

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 27.4416, -99.1306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44164, -99.13057 · 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
10,600 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 10,600 ft.

Completions filed
Jun 1998
1 of 1 wells

1 well

42-479369725710,600 ftJun 1998

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 (336)

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

336 months

May 202600106.413.05$0
Apr 20260598.932.87$14
Mar 202601289.753.15$38
Feb 20260463.503.75$15
Jan 20260559.138.00$40
Dec 20250956.664.41$40
Nov 202501258.593.93$47
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250363.933.01$9
Jul 20250166.743.32$3
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202502262.363.54$78
Mar 202506567.704.27$277
Feb 2025033470.884.34$1,450
Jan 2025087174.324.28$3,727
Dec 202401,03768.993.12$3,237
Nov 2024098869.052.20$2,172
Oct 2024091171.372.28$2,078
Sep 20240069.612.36$0
Aug 2024075375.632.06$1,554
Jul 2024078679.932.15$1,687
Jun 2024070278.082.63$1,849
May 2024096178.812.20$2,113
Apr 2024061284.451.66$1,015
Mar 2024093280.301.55$1,440
Feb 2024091676.091.78$1,634
Jan 2024089873.023.30$2,961
Dec 202301,09071.262.61$2,846
Nov 2023066877.892.81$1,875
Oct 202301,18485.443.09$3,655
Sep 2023080389.042.74$2,196
Aug 202301,41180.522.67$3,771
Jul 202301,41274.852.64$3,730
Jun 202301,48068.962.26$3,343
May 202301,49670.622.23$3,332
Apr 202301,02978.122.24$2,303
Mar 202301,46072.852.39$3,494
Feb 202301,16575.112.47$2,873
Jan 202301,32876.533.39$4,499
Dec 2022068376.415.73$3,913
Nov 202201,40085.005.65$7,905
Oct 202201,51987.185.86$8,907
Sep 202201,58984.888.16$12,972
Aug 202201,24194.529.13$11,327
Jul 202201,557101.587.54$11,743
Jun 202201,399115.097.98$11,160
May 202201,825109.378.43$15,390
Apr 20220950104.226.84$6,496
Mar 202201,111108.885.08$5,640
Feb 202201,28991.054.86$6,263
Jan 202201,20581.844.54$5,468
Dec 202101,64071.323.90$6,395
Nov 2021089277.435.24$4,671
Oct 2021092079.795.71$5,257
Sep 2021086469.865.35$4,623
Aug 2021083766.024.22$3,533
Jul 2021096270.783.98$3,831
Jun 2021071169.493.38$2,404
May 202101,17363.483.02$3,540
Apr 202101,40860.362.76$3,884
Mar 202101,26161.302.72$3,426
Feb 2021059357.805.55$3,290
Jan 2021095850.412.81$2,692
Dec 202001,08944.642.68$2,914
Nov 202001,15438.772.71$3,123
Oct 202001,07736.972.48$2,669
Sep 202001,03637.091.99$2,063
Aug 202001,09239.982.39$2,605
Jul 202001,22038.371.83$2,227
Jun 202001,12134.901.69$1,895
May 202001,02816.921.81$1,866
Apr 202001,04514.751.80$1,886
Mar 202001,15630.341.86$2,146
Feb 202001,06549.881.98$2,109
Jan 202001,20857.252.09$2,530
Dec 201901,14159.012.30$2,629
Nov 201901,05155.302.75$2,891
Oct 201901,19953.472.42$2,900
Sep 201901,33655.052.66$3,550
Aug 2019014453.112.30$332
Jul 2019031856.272.46$782
Jun 201901,30952.782.49$3,261
May 201901,70858.482.74$4,680
Apr 201901,91362.632.75$5,262
Mar 201901,73556.803.06$5,313
Feb 201901,66550.852.79$4,649
Jan 201901,83846.033.23$5,933
Dec 201801,82646.594.19$7,643
Nov 201801,89352.934.24$8,021
Oct 201802,08561.443.40$7,085
Sep 201801,89959.543.11$5,902
Aug 201801,82259.403.07$5,587
Jul 201802,06365.142.93$6,048
Jun 201801,71160.183.08$5,265
May 201802,02465.382.90$5,871
Apr 201801,97763.842.90$5,735
Mar 201802,19861.222.79$6,125
Feb 201801,88461.782.77$5,211
Jan 201802,24162.874.01$8,985
Dec 201701,99757.272.92$5,834
Nov 201702,03255.423.12$6,337
Oct 201702,23349.292.98$6,663
Sep 201702,27747.523.09$7,030
Aug 201701,95545.373.00$5,874
Jul 201702,12943.873.09$6,573
Jun 201702,10142.493.09$6,486
May 201702,28745.373.26$7,463
Apr 201702,05647.933.21$6,603
Mar 201702,36546.772.98$7,056
Feb 201702,13350.452.95$6,298
Jan 201702,39849.413.42$8,198
Dec 201602,31848.763.72$8,630
Nov 201602,17442.492.64$5,749
Oct 201602,22846.193.09$6,885
Sep 201602,23841.553.10$6,939
Aug 201602,47041.442.92$7,223
Jul 201602,32041.622.92$6,784
Jun 201602,33145.352.69$6,261
May 201602,52042.521.99$5,017
Apr 201602,79336.561.99$5,561
Mar 201602,54833.011.79$4,571
Feb 201602,59626.472.06$5,357
Jan 201602,39627.352.36$5,665
Dec 201501,81032.362.00$3,623
Nov 201501,62238.792.17$3,515
Oct 201501,93343.552.43$4,691
Sep 201501,44142.992.76$3,975
Aug 201501,68240.162.87$4,832
Jul 201502,15448.152.95$6,344
Jun 201501,75456.152.88$5,057
May 201502,69055.212.96$7,950
Apr 201501,98649.822.71$5,375
Mar 201502,28342.892.93$6,700
Feb 201502,83544.662.98$8,438
Jan 201501,69343.433.10$5,249
Dec 201402,26754.693.59$8,142
Nov 201402,45770.464.25$10,447
Oct 201402,66778.303.90$10,404
Sep 201402,12386.164.05$8,588
Aug 201402,29789.394.04$9,269
Jul 201403,18796.564.18$13,320
Jun 201401,47298.164.74$6,973
May 201402,15994.734.73$10,205
Apr 201402,63695.944.81$12,677
Mar 201402,66895.895.06$13,492
Feb 201402,33497.406.19$14,452
Jan 201403,21690.404.86$15,632
Dec 201302,54991.824.35$11,100
Nov 201301,91488.853.74$7,155
Oct 201302,73497.423.78$10,333
Sep 201302,400104.113.72$8,923
Aug 201302,444104.253.52$8,609
Jul 201302,750102.523.72$10,224
Jun 201303,16594.403.93$12,449
May 201302,67294.834.15$11,086
Apr 201303,00193.964.28$12,852
Mar 201302,27493.623.91$8,898
Feb 201301,80291.233.42$6,163
Jan 201302,74791.603.42$9,394
Dec 201202,77186.773.42$9,477
Nov 201201,76586.953.62$6,398
Oct 201202,72489.383.40$9,261
Sep 201202,95494.672.92$8,621
Aug 201202,80692.662.91$8,160
Jul 201202,71985.133.02$8,214
Jun 201202,83279.822.52$7,134
May 201202,75591.612.49$6,855
Apr 201202,879101.652.00$5,749
Mar 201203,185105.052.22$7,077
Feb 201202,397101.102.57$6,161
Jan 201203,05198.092.73$8,342
Dec 201103,10896.873.24$10,069
Nov 201103,30995.723.31$10,957
Oct 201103,04784.983.65$11,117
Sep 201102,79983.623.99$11,156
Aug 201103,25583.404.15$13,506
Jul 201103,16394.144.52$14,288
Jun 201102,57692.904.64$11,952
May 201103,18598.134.40$14,029
Apr 201102,981105.964.33$12,918
Mar 201103,31696.364.06$13,454
Feb 201102,85885.644.18$11,946
Jan 201103,24786.504.59$14,900
Dec 201003,43985.734.35$14,952
Nov 201003,05780.843.80$11,602
Oct 201002,99778.103.51$10,516
Sep 201003,93072.633.98$15,639
Aug 201003,80173.684.42$16,798
Jul 201004,26672.554.74$20,206
Jun 201004,44470.364.91$21,822
May 201002,69371.124.24$11,405
Apr 201002,70981.694.12$11,168
Mar 201002,69378.394.39$11,819
Feb 201003,48973.585.44$18,988
Jan 201004,19474.365.96$25,013
Dec 200903,71471.445.48$20,367
Nov 200903,65974.593.75$13,727
Oct 200903,75872.544.11$15,446
Sep 200903,87365.543.06$11,870
Aug 200905,15567.423.22$16,591
Jul 200904,02861.133.46$13,955
Jun 200905,01466.163.90$19,530
May 200904,60354.743.93$18,070
Apr 200903,30646.773.59$11,860
Mar 200903,27842.144.06$13,305
Feb 200903,80532.814.63$17,629
Jan 200902,93735.865.37$15,775
Dec 200805,54737.105.98$33,155
Nov 200801,22055.496.86$8,370
Oct 200803,66075.246.92$25,334
Sep 200803,355101.767.88$26,428
Aug 200804,742114.228.48$40,226
Jul 200803,101131.0811.39$35,319
Jun 200803,672131.3313.03$47,856
May 200802,976123.1711.57$34,445
Apr 200802,620110.3110.45$27,392
Mar 200803,616101.909.66$34,945
Feb 200802,59692.538.77$22,768
Jan 200805,18890.388.21$42,571
Dec 200704,69088.337.30$34,246
Nov 200705,05991.677.29$36,889
Oct 200703,59882.856.92$24,905
Sep 200703,87975.846.24$24,221
Aug 200704,72769.066.39$30,196
Jul 200705,07670.906.39$32,425
Jun 200704,17862.007.55$31,537
May 200704,78758.747.85$37,560
Apr 200704,42059.617.81$34,499
Mar 200704,70656.927.30$34,363
Feb 200704,89955.108.22$40,250
Jan 200703,42650.306.73$23,046
Dec 200605,20256.656.92$35,990
Nov 200605,08654.207.62$38,743
Oct 200606,68654.906.01$40,208
Sep 200603,38060.085.04$17,026
Aug 200604,69468.717.34$34,454
Jul 200606,05469.376.34$38,399
Jun 200605,52166.286.38$35,245
May 200606,12166.016.42$39,327
Apr 200605,82764.397.36$42,890
Mar 200606,08656.707.08$43,107
Feb 200605,68757.597.75$44,081
Jan 200605,90460.598.93$52,742
Dec 200506,32154.9413.42$84,799
Nov 200507,22454.6910.59$76,491
Oct 200508,01558.3413.80$110,573
Sep 200506,97461.4512.08$84,239
Aug 200508,36261.519.80$81,921
Jul 200508,93455.697.84$70,075
Jun 200509,41952.337.38$69,522
May 2005010,81045.226.65$71,899
Apr 2005012,54049.207.36$92,300
Mar 2005018,65350.377.15$133,460
Feb 2005015,16045.226.31$95,689
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20044773543.245.28$5,916
Aug 2004052942.375.55$2,936
Jul 200401,08538.286.08$6,601
Jun 200405,69936.106.43$36,662
May 20040037.486.49$0
Apr 200406334.475.86$369
Mar 2004016334.365.53$901
Feb 200423,51132.455.51$19,409
Jan 200408,33432.036.30$52,501
Dec 2003010,59130.266.30$66,741
Nov 200305,99228.804.60$27,534
Oct 200303,42728.174.76$16,311
Sep 200303,41226.314.75$16,205
Aug 200307,52129.765.13$38,581
Jul 2003010,19429.415.17$52,712
Jun 200308,64928.565.98$51,747
May 200303,73126.595.97$22,284
Apr 200308,19126.675.41$44,291
Mar 200304,02831.146.10$24,555
Feb 200308,94133.487.93$70,865
Jan 2003013,98330.315.58$78,054
Dec 2002082226.914.85$3,990
Nov 200201,95024.664.14$8,067
Oct 200207,21926.464.23$30,530
Sep 200208,21627.443.64$29,867
Aug 200208,65625.963.16$27,389
Jul 2002010,23924.583.06$31,349
Jun 200228,92523.733.34$29,841
May 200209,34024.663.58$33,475
Apr 2002311,17023.653.51$39,304
Mar 2002010,43422.003.10$32,374
Feb 200226,84418.222.38$16,296
Jan 2002011,72617.172.38$27,857
Dec 200106,76516.932.36$15,995
Nov 2001010,89418.072.41$26,206
Oct 2001013,02119.782.53$32,929
Sep 2001011,58824.262.25$26,088
Aug 2001011,91824.873.05$36,388
Jul 2001012,01723.933.20$38,419
Jun 2001011,11624.563.82$42,509
May 2001012,14025.524.31$52,291
Apr 2001013,72024.685.34$73,201
Mar 2001213,56724.545.38$72,991
Feb 2001012,22227.755.77$70,485
Jan 2001014,31027.478.40$120,186
Dec 2000014,67926.889.12$133,909
Nov 2000114,84532.215.66$84,025
Oct 2000016,55531.235.15$85,184
Sep 2000014,61331.875.19$75,790
Aug 2000016,36129.644.54$74,291
Jul 2000017,29228.534.09$70,720
Jun 2000017,32729.304.40$76,191
May 2000019,32627.263.68$71,115
Apr 2000017,17124.513.12$53,505
Mar 2000018,48128.422.86$52,851
Feb 2000018,01927.622.73$49,129
Jan 2000020,20125.272.48$50,109
Dec 1999020,67824.282.42$50,118
Nov 1999021,06423.192.43$51,270
Oct 1999023,50320.982.80$65,896
Sep 1999024,78321.752.62$64,903
Aug 1999029,79719.262.88$85,684
Jul 1999026,14417.892.37$62,023
Jun 1999020,08715.942.36$47,448
May 1999024,11015.792.32$55,960
Apr 1999018,83515.102.21$41,589
Mar 1999027,21712.471.84$50,034
Feb 1999025,6759.981.82$46,672
Jan 1999030,44810.381.90$57,850
Dec 1998034,0029.201.77$60,296
Nov 1998033,62410.892.19$73,493
Oct 1998039,16412.421.97$77,122
Sep 1998044,87712.592.08$93,462
Aug 1998555,79411.301.91$106,475
Jul 1998084,91711.742.24$189,982
Jun 1998064,78411.242.24$144,939

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    5 Mcf  × $  2.87 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/168903 is the state's own key, not one this site invented.