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 169266District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Jul 1998 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 Gas111998-11-10139606
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
CondensateDisposition35 bbl$674
GasProduction2,109,736 Mcf$8,431,696
Total$8,432,370

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 27.4450, -99.1283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44504, -99.12835 · 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
100.0%
1 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
1100.0%
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.
00.0%

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
Aug 2017
1 of 1 wells

1 well

42-479369965810,600 ftAug 2017Yes

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 (242)

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

242 months

Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201701,99043.873.09$6,144
Jun 201702,00142.493.09$6,178
May 201702,10145.373.26$6,856
Apr 201702,13347.933.21$6,850
Mar 201702,19046.772.98$6,534
Feb 201702,01250.452.95$5,941
Jan 201702,30449.413.42$7,877
Dec 201602,24048.763.72$8,339
Nov 201602,14042.492.64$5,659
Oct 201602,14546.193.09$6,629
Sep 201602,10641.553.10$6,530
Aug 201602,28241.442.92$6,673
Jul 201602,18541.622.92$6,390
Jun 201602,17945.352.69$5,852
May 201602,22442.521.99$4,428
Apr 201602,25736.561.99$4,494
Mar 201602,33633.011.79$4,191
Feb 201602,69926.472.06$5,570
Jan 201602,38227.352.36$5,632
Dec 201502,27432.362.00$4,551
Nov 201502,24738.792.17$4,870
Oct 201502,32343.552.43$5,637
Sep 201502,24942.992.76$6,204
Aug 201502,34240.162.87$6,727
Jul 201502,36148.152.95$6,953
Jun 201502,33856.152.88$6,740
May 201502,51855.212.96$7,442
Apr 201502,13149.822.71$5,768
Mar 201502,03042.892.93$5,957
Feb 201501,56944.662.98$4,670
Jan 201502,31843.433.10$7,187
Dec 201402,38054.693.59$8,547
Nov 201402,35570.464.25$10,013
Oct 201402,39278.303.90$9,331
Sep 201402,32486.164.05$9,402
Aug 201402,36889.394.04$9,555
Jul 201402,36396.564.18$9,876
Jun 201402,25098.164.74$10,658
May 201402,36794.734.73$11,188
Apr 201402,28795.944.81$10,998
Mar 201402,50495.895.06$12,662
Feb 201402,26297.406.19$14,006
Jan 201402,59790.404.86$12,623
Dec 201302,66091.824.35$11,583
Nov 201302,40688.853.74$8,994
Oct 201302,48297.423.78$9,380
Sep 201302,308104.113.72$8,581
Aug 201302,645104.253.52$9,317
Jul 201302,701102.523.72$10,042
Jun 201302,61094.403.93$10,266
May 201302,73794.834.15$11,356
Apr 201302,58693.964.28$11,075
Mar 201302,66793.623.91$10,436
Feb 201302,49891.233.42$8,543
Jan 201302,86791.603.42$9,805
Dec 201202,82986.773.42$9,676
Nov 201202,79386.953.62$10,125
Oct 201202,85389.383.40$9,699
Sep 201202,79394.672.92$8,151
Aug 201202,75992.662.91$8,024
Jul 201202,99285.133.02$9,038
Jun 201202,90979.822.52$7,328
May 201202,93191.612.49$7,293
Apr 201202,906101.652.00$5,803
Mar 201203,093105.052.22$6,873
Feb 201202,850101.102.57$7,325
Jan 201203,15298.092.73$8,618
Dec 201103,67596.873.24$11,906
Nov 201103,13795.723.31$10,387
Oct 201103,48584.983.65$12,715
Sep 201102,25583.623.99$8,988
Aug 201103,31083.404.15$13,734
Jul 201103,05494.144.52$13,796
Jun 201102,02592.904.64$9,396
May 201102,87998.134.40$12,681
Apr 201102,956105.964.33$12,809
Mar 201103,32996.364.06$13,507
Feb 201103,05485.644.18$12,766
Jan 201103,51786.504.59$16,139
Dec 201003,49385.734.35$15,187
Nov 201003,27080.843.80$12,411
Oct 201003,60078.103.51$12,632
Sep 201003,53472.633.98$14,063
Aug 201003,86673.684.42$17,085
Jul 201003,95772.554.74$18,742
Jun 201003,84670.364.91$18,885
May 201004,01671.124.24$17,009
Apr 201003,68581.694.12$15,192
Mar 201003,71678.394.39$16,308
Feb 201003,30973.585.44$18,009
Jan 201003,45774.365.96$20,618
Dec 200903,70871.445.48$20,334
Nov 200903,81074.593.75$14,293
Oct 200904,10172.544.11$16,856
Sep 200903,97965.543.06$12,195
Aug 200904,17567.423.22$13,437
Jul 200904,29661.133.46$14,883
Jun 200904,20366.163.90$16,371
May 200904,38054.743.93$17,195
Apr 200904,26346.773.59$15,294
Mar 200904,46942.144.06$18,140
Feb 200904,01832.814.63$18,615
Jan 200904,56035.865.37$24,492
Dec 200804,68637.105.98$28,009
Nov 200803,94455.496.86$27,057
Oct 200804,57075.246.92$31,633
Sep 200804,505101.767.88$35,486
Aug 200804,431114.228.48$37,588
Jul 200804,373131.0811.39$49,806
Jun 200803,217131.3313.03$41,926
May 200805,030123.1711.57$58,219
Apr 200804,571110.3110.45$47,789
Mar 200805,147101.909.66$49,741
Feb 200804,90792.538.77$43,037
Jan 200804,61990.388.21$37,902
Dec 200704,94888.337.30$36,130
Nov 2007056891.677.29$4,142
Oct 2007018682.856.92$1,287
Sep 2007026475.846.24$1,648
Aug 200701,39669.066.39$8,918
Jul 200705,50770.906.39$35,178
Jun 200706,12162.007.55$46,204
May 200701,17458.747.85$9,212
Apr 200701,50559.617.81$11,747
Mar 200706,11356.927.30$44,637
Feb 200704,48355.108.22$36,832
Jan 200704,32150.306.73$29,067
Dec 200605,23756.656.92$36,232
Nov 200605,44454.207.62$41,470
Oct 200604,42654.906.01$26,617
Sep 200605,13460.085.04$25,861
Aug 200604,17768.717.34$30,659
Jul 200605,34669.376.34$33,908
Jun 200605,70366.286.38$36,407
May 200604,18066.016.42$26,857
Apr 200606,97064.397.36$51,303
Mar 200603,70856.707.08$26,263
Feb 200605,86357.597.75$45,445
Jan 200606,80060.598.93$60,747
Dec 200506,41254.9413.42$86,020
Nov 200505,61854.6910.59$59,486
Oct 200507,15158.3413.80$98,653
Sep 200505,27761.4512.08$63,741
Aug 200506,02761.519.80$59,046
Jul 200506,35055.697.84$49,807
Jun 200505,49352.337.38$40,544
May 200509,99545.226.65$66,478
Apr 2005020,12249.207.36$148,108
Mar 2005013,68850.377.15$97,936
Feb 200506,20245.226.31$39,147
Jan 200507,20643.166.32$45,558
Dec 200407,49939.866.75$50,626
Nov 200408,34345.286.33$52,815
Oct 200406,09749.706.52$39,723
Sep 200406,25943.245.28$33,072
Aug 200408,30342.375.55$46,087
Jul 200407,47738.286.08$45,491
Jun 200407,67636.106.43$49,380
May 200408,27337.486.49$53,730
Apr 200408,05634.475.86$47,196
Mar 200408,09534.365.53$44,766
Feb 200407,84032.455.51$43,195
Jan 200408,74632.036.30$55,097
Dec 200307,96630.266.30$50,199
Nov 200307,75528.804.60$35,635
Oct 200308,16028.174.76$38,839
Sep 200308,08026.314.75$38,375
Aug 200308,50429.765.13$43,623
Jul 200309,38229.415.17$48,513
Jun 200309,07828.565.98$54,313
May 200309,41826.595.97$56,251
Apr 200309,17326.675.41$49,601
Mar 200308,84231.146.10$53,901
Feb 200309,20533.487.93$72,958
Jan 2003010,16030.315.58$56,714
Dec 2002010,40726.914.85$50,513
Nov 2002010,16124.664.14$42,036
Oct 2002010,67726.464.23$45,154
Sep 200209,99127.443.64$36,319
Aug 2002011,78625.963.16$37,293
Jul 2002011,60124.583.06$35,519
Jun 2002010,99123.733.34$36,691
May 2002011,35724.663.58$40,703
Apr 2002011,90023.653.51$41,797
Mar 2002012,85722.003.10$39,892
Feb 2002012,50618.222.38$29,710
Jan 2002014,50017.172.38$34,447
Dec 2001010,86116.932.36$25,680
Nov 2001013,45318.072.41$32,361
Oct 2001015,55119.782.53$39,327
Sep 2001014,06124.262.25$31,656
Aug 2001015,57724.873.05$47,559
Jul 2001015,91723.933.20$50,888
Jun 2001016,74524.563.82$64,036
May 2001017,82825.524.31$76,791
Apr 2001018,07924.685.34$96,457
Mar 2001020,45124.545.38$109,954
Feb 2001020,07627.755.77$115,780
Jan 2001025,24627.478.40$212,035
Dec 2000019,68826.889.12$179,604
Nov 2000016,37932.215.66$92,672
Oct 2000017,11231.235.15$88,050
Sep 2000018,43331.875.19$95,603
Aug 2000022,31329.644.54$101,318
Jul 2000021,88128.534.09$89,488
Jun 2000022,01329.304.40$96,797
May 2000023,78927.263.68$87,538
Apr 2000024,62324.513.12$76,725
Mar 2000024,22028.422.86$69,263
Feb 2000021,53027.622.73$58,702
Jan 2000026,41125.272.48$65,512
Dec 1999026,75024.282.42$64,835
Nov 1999027,37423.192.43$66,628
Oct 1999029,14120.982.80$81,703
Sep 1999028,80621.752.62$75,439
Aug 19993530,41119.262.88$88,124
Jul 1999032,07617.892.37$76,096
Jun 1999032,38815.942.36$76,504
May 1999035,57615.792.32$82,573
Apr 1999034,79915.102.21$76,838
Mar 1999038,49612.471.84$70,768
Feb 1999037,6749.981.82$68,483
Jan 1999051,59410.381.90$98,026
Dec 1998036,0359.201.77$63,902
Nov 1998040,76910.892.19$89,110
Oct 1998048,16212.421.97$94,841
Sep 1998051,97312.592.08$108,240
Aug 1998068,48511.301.91$130,625
Jul 19980113,28511.742.24$253,449

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.

Jul 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.87 =         $0
Gas                1,990 Mcf  × $  3.09 =     $6,144

────────────────────────────────────────────────────
Month total                                   $6,144

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/169266 is the state's own key, not one this site invented.