LUNDELL

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

Gas lease lease 169865District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Aug 1998 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
334
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and 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: NO P-15 OR PLAT REQUIRED.

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 Gas111998-12-07139744
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
CondensateDisposition20,832 bbl$634,724
GasProduction2,463,746 Mcf$9,410,893
Total$10,045,617

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 27.6611, -99.0596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66108, -99.05955 · 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
9,800 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 9,800 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-47937026789,800 ftAug 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 (334)

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

334 months

May 20261199106.413.05$713
Apr 2026223498.932.87$869
Mar 2026124289.753.15$852
Feb 2026223563.503.75$1,008
Jan 2026124559.138.00$2,019
Dec 2025127456.664.41$1,266
Nov 2025124758.593.93$1,028
Oct 2025126059.383.30$919
Sep 2025125262.743.08$838
Aug 2025126963.933.01$875
Jul 2025121066.743.32$763
Jun 2025026566.483.13$829
May 2025229360.553.23$1,068
Apr 2025128662.363.54$1,076
Mar 2025133567.704.27$1,498
Feb 2025335570.884.34$1,754
Jan 2025139074.324.28$1,743
Dec 2024349668.993.12$1,755
Nov 2024383869.052.20$2,049
Oct 2024038671.372.28$881
Sep 2024272469.612.36$1,851
Aug 202451,09875.632.06$2,644
Jul 202451,12679.932.15$2,817
Jun 2024141,16278.082.63$4,154
May 20241856978.812.20$2,669
Apr 20242064784.451.66$2,763
Mar 20242782980.301.55$3,449
Feb 202491,42476.091.78$3,225
Jan 2024191,52073.023.30$6,400
Dec 202371,00171.262.61$3,112
Nov 2023211,13877.892.81$4,831
Oct 202371,29585.443.09$4,596
Sep 2023141,07289.042.74$4,179
Aug 202371,19980.522.67$3,768
Jul 2023141,38574.852.64$4,707
Jun 2023141,36268.962.26$4,041
May 2023161,47670.622.23$4,418
Apr 2023101,39978.122.24$3,912
Mar 2023171,35372.852.39$4,476
Feb 202301,27775.112.47$3,149
Jan 202361,55176.533.39$5,714
Dec 2022151,81076.415.73$11,516
Nov 202201,65985.005.65$9,367
Oct 202271,56187.185.86$9,764
Sep 202201,31084.888.16$10,694
Aug 2022151,14494.529.13$11,859
Jul 202271,202101.587.54$9,777
Jun 202201,325115.097.98$10,570
May 202291,311109.378.43$12,040
Apr 202291,250104.226.84$9,485
Mar 202201,572108.885.08$7,980
Feb 2022191,54691.054.86$9,242
Jan 2022121,54281.844.54$7,979
Dec 2021131,95771.323.90$8,558
Nov 2021141,81177.435.24$10,568
Oct 202101,99579.795.71$11,399
Sep 2021271,90869.865.35$12,096
Aug 2021132,15066.024.22$9,933
Jul 2021272,65770.783.98$12,491
Jun 2021122,61969.493.38$9,688
May 2021212,85563.483.02$9,949
Apr 202102,86460.362.76$7,900
Mar 2021343,25961.302.72$10,939
Feb 2021112,71057.805.55$15,671
Jan 2021293,01850.412.81$9,943
Dec 2020141,40844.642.68$4,392
Nov 202021,07538.772.71$2,987
Oct 2020489536.972.48$2,366
Sep 2020297937.091.99$2,023
Aug 202041,08039.982.39$2,736
Jul 2020981338.371.83$1,829
Jun 2020799534.901.69$1,926
May 202021,01816.921.81$1,881
Apr 202041,17214.751.80$2,174
Mar 202041,50130.341.86$2,908
Feb 202071,22249.881.98$2,770
Jan 202051,05657.252.09$2,498
Dec 201921,05959.012.30$2,558
Nov 201901,11155.302.75$3,056
Oct 201901,33853.472.42$3,236
Sep 201901,49655.052.66$3,975
Aug 201901,14953.112.30$2,648
Jul 201901,71756.272.46$4,224
Jun 201901,31152.782.49$3,266
May 201901,42858.482.74$3,913
Apr 201902,04662.632.75$5,628
Mar 201901,15056.803.06$3,521
Feb 201901,57050.852.79$4,384
Jan 201901,30546.033.23$4,213
Dec 2018098646.594.19$4,127
Nov 201801,75152.934.24$7,419
Oct 2018091861.443.40$3,119
Sep 2018092859.543.11$2,884
Aug 201801,07959.403.07$3,309
Jul 201801,64665.142.93$4,826
Jun 2018122,06860.183.08$7,085
May 2018141,97965.382.90$6,656
Apr 2018332,52263.842.90$9,423
Mar 2018452,18261.222.79$8,836
Feb 2018112,28261.782.77$6,992
Jan 2018452,43062.874.01$12,572
Dec 2017222,18157.272.92$7,632
Nov 2017222,15555.423.12$7,939
Oct 2017132,43749.292.98$7,912
Sep 2017132,79947.523.09$9,259
Aug 201772,57845.373.00$8,063
Jul 2017132,92043.873.09$9,585
Jun 201762,32442.493.09$7,430
May 2017142,13745.373.26$7,609
Apr 201701,15347.933.21$3,703
Mar 201701,31246.772.98$3,915
Feb 201701,25250.452.95$3,697
Jan 201701,60649.413.42$5,491
Dec 201602,22948.763.72$8,298
Nov 2016223,09642.492.64$9,122
Oct 2016302,17646.193.09$8,110
Sep 2016622,88141.553.10$11,509
Aug 2016633,18541.442.92$11,925
Jul 2016832,90441.622.92$11,947
Jun 2016422,90045.352.69$9,694
May 2016443,83342.521.99$9,503
Apr 201603,83936.561.99$7,644
Mar 201601,84933.011.79$3,317
Feb 201602,57326.472.06$5,310
Jan 201602,92327.352.36$6,911
Dec 201501,79432.362.00$3,591
Nov 201501,43438.792.17$3,108
Oct 201501,46843.552.43$3,562
Sep 201501,14042.992.76$3,145
Aug 201501,38740.162.87$3,984
Jul 201501,50948.152.95$4,444
Jun 201501,41756.152.88$4,085
May 201502,00855.212.96$5,935
Apr 201503,23649.822.71$8,758
Mar 201502,13042.892.93$6,251
Feb 201501,65144.662.98$4,914
Jan 201501,54143.433.10$4,778
Dec 201401,13154.693.59$4,062
Nov 201401,27070.464.25$5,400
Oct 201401,74278.303.90$6,795
Sep 2014081286.164.05$3,285
Aug 201401,03989.394.04$4,192
Jul 201401,80996.564.18$7,561
Jun 201402,25098.164.74$10,658
May 201401,72494.734.73$8,149
Apr 201401,78895.944.81$8,599
Mar 201401,85995.895.06$9,401
Feb 201401,84197.406.19$11,399
Jan 201402,68490.404.86$13,046
Dec 201302,28791.824.35$9,959
Nov 201302,04988.853.74$7,660
Oct 201302,83097.423.78$10,696
Sep 201302,370104.113.72$8,811
Aug 201302,851104.253.52$10,043
Jul 201303,578102.523.72$13,302
Jun 201302,43894.403.93$9,590
May 201303,72094.834.15$15,435
Apr 201302,86893.964.28$12,282
Mar 201303,00793.623.91$11,766
Feb 201302,63891.233.42$9,022
Jan 201302,59291.603.42$8,864
Dec 201202,76286.773.42$9,446
Nov 201202,62586.953.62$9,516
Oct 201202,25689.383.40$7,670
Sep 201202,31494.672.92$6,753
Aug 201203,21592.662.91$9,350
Jul 201203,15385.133.02$9,525
Jun 201203,52279.822.52$8,872
May 201203,67191.612.49$9,135
Apr 201203,986101.652.00$7,959
Mar 201204,912105.052.22$10,915
Feb 201202,953101.102.57$7,590
Jan 201202,31898.092.73$6,338
Dec 201102,78296.873.24$9,013
Nov 201102,56195.723.31$8,480
Oct 201152,84184.983.65$10,790
Sep 2011262,01483.623.99$10,202
Aug 2011442,07583.404.15$12,279
Jul 2011452,84394.144.52$17,079
Jun 2011583,28792.904.64$20,639
May 2011482,81098.134.40$17,088
Apr 2011442,204105.964.33$14,213
Mar 2011452,28096.364.06$13,587
Feb 201102,51785.644.18$10,521
Jan 201103,47686.504.59$15,951
Dec 201003,52285.734.35$15,313
Nov 201003,29880.843.80$12,517
Oct 201003,82678.103.51$13,425
Sep 201004,65772.633.98$18,532
Aug 201003,64573.684.42$16,109
Jul 201003,45172.554.74$16,346
Jun 201003,69870.364.91$18,159
May 201003,75071.124.24$15,882
Apr 201023,32581.694.12$13,871
Mar 2010383,44378.394.39$18,089
Feb 2010433,24573.585.44$20,824
Jan 2010212,73574.365.96$17,873
Dec 2009312,65171.445.48$16,752
Nov 2009302,62674.593.75$12,089
Oct 2009612,99372.544.11$16,727
Sep 2009613,50265.543.06$14,731
Aug 2009523,94467.423.22$16,200
Jul 2009694,25261.133.46$18,949
Jun 20091004,46466.163.90$24,003
May 20091014,65954.743.93$23,819
Apr 2009784,59146.773.59$20,118
Mar 2009914,56542.144.06$22,364
Feb 2009324,37532.814.63$21,319
Jan 2009464,75735.865.37$27,199
Dec 2008494,85237.105.98$30,819
Nov 2008424,61755.496.86$34,005
Oct 2008354,59075.246.92$34,405
Sep 2008324,883101.767.88$41,720
Aug 2008295,158114.228.48$47,068
Jul 2008305,174131.0811.39$62,861
Jun 2008335,173131.3313.03$71,752
May 2008345,518123.1711.57$68,055
Apr 2008335,525110.3110.45$61,403
Mar 200805,990101.909.66$57,888
Feb 200805,77692.538.77$50,659
Jan 200807,16590.388.21$58,794
Dec 200705,62288.337.30$41,052
Nov 200705,28891.677.29$38,559
Oct 200735,37582.856.92$37,454
Sep 2007165,62475.846.24$36,331
Aug 2007134,89069.066.39$32,135
Jul 2007202,63570.906.39$18,250
Jun 2007285,80762.007.55$45,570
May 2007375,81158.747.85$47,768
Apr 2007225,62359.617.81$45,200
Mar 200706,37056.927.30$46,514
Feb 200705,29755.108.22$43,520
Jan 200706,03550.306.73$40,597
Dec 200604,83456.656.92$33,444
Nov 200605,28454.207.62$40,251
Oct 200655,57754.906.01$33,813
Sep 2006885,25660.085.04$31,763
Aug 2006866,36668.717.34$52,635
Jul 2006573,41569.376.34$25,615
Jun 2006764,14066.286.38$31,467
May 2006404,83966.016.42$33,731
Apr 2006546,11264.397.36$48,464
Mar 2006906,19156.707.08$48,953
Feb 2006553,22257.597.75$28,142
Jan 2006825,29860.598.93$52,297
Dec 2005635,79354.9413.42$81,177
Nov 2005475,84554.6910.59$64,460
Oct 2005647,61458.3413.80$108,775
Sep 2005205,27161.4512.08$64,897
Aug 2005337,82961.519.80$78,729
Jul 2005387,36055.697.84$59,845
Jun 2005528,13252.337.38$62,744
May 2005477,35345.226.65$51,031
Apr 2005346,11449.207.36$46,675
Mar 2005216,85850.377.15$50,126
Feb 2005378,62645.226.31$56,120
Jan 2005327,82843.166.32$50,871
Dec 2004337,81639.866.75$54,082
Nov 2004297,46645.286.33$48,576
Oct 2004246,65849.706.52$44,570
Sep 2004277,38243.245.28$40,173
Aug 2004678,54942.375.55$50,291
Jul 2004899,06438.286.08$58,554
Jun 2004799,14936.106.43$61,708
May 2004758,15637.486.49$55,781
Apr 2004807,22534.475.86$45,085
Mar 20041308,12434.365.53$49,394
Feb 20041127,54932.455.51$45,227
Jan 20041528,71432.036.30$59,764
Dec 2003968,83930.266.30$58,605
Nov 20031198,87428.804.60$44,205
Oct 200310810,45328.174.76$52,795
Sep 2003397,38526.314.75$36,100
Aug 2003449,80429.765.13$51,601
Jul 2003559,90629.415.17$52,840
Jun 2003439,32528.565.98$57,019
May 2003699,85126.595.97$60,672
Apr 2003599,40326.675.41$52,418
Mar 20036510,43931.146.10$65,661
Feb 20031529,76833.487.93$82,509
Jan 200313210,62730.315.58$63,321
Dec 20021339,77426.914.85$51,020
Nov 200214511,07624.664.14$49,397
Oct 200211911,59826.464.23$52,198
Sep 200213211,36727.443.64$44,943
Aug 20024611,40125.963.16$37,269
Jul 20026611,81524.583.06$37,797
Jun 20025512,09523.733.34$41,681
May 20026713,75624.663.58$50,954
Apr 20027211,96223.653.51$43,717
Mar 200214112,16922.003.10$40,859
Feb 200216812,22918.222.38$32,113
Jan 200216812,31717.172.38$32,146
Dec 200118514,52216.932.36$37,468
Nov 200110212,69818.072.41$32,388
Oct 200112013,49219.782.53$36,493
Sep 200134713,52024.262.25$38,856
Aug 200135813,59324.873.05$50,405
Jul 200130913,79123.933.20$51,485
Jun 200135514,19424.563.82$62,999
May 200145916,19925.524.31$81,488
Apr 200156414,29324.685.34$90,177
Mar 20013017,70824.545.38$95,942
Feb 20012816,63427.755.77$96,707
Jan 20013118,24627.478.40$154,095
Dec 20002916,85526.889.12$154,539
Nov 20002618,94432.215.66$108,023
Oct 20003020,59731.235.15$106,919
Sep 20002721,78631.875.19$113,854
Aug 20003723,77129.644.54$109,035
Jul 20004224,76128.534.09$102,465
Jun 20004624,48329.304.40$109,006
May 20004626,40427.263.68$98,414
Apr 20007226,82624.513.12$85,355
Mar 200097034,51928.422.86$126,283
Feb 200073232,13027.622.73$107,820
Jan 200055722,49425.272.48$69,872
Dec 199965123,29324.282.42$72,262
Nov 199976225,47723.192.43$79,682
Oct 199970824,06020.982.80$82,311
Sep 199980827,59521.752.62$89,841
Aug 199988527,46119.262.88$96,012
Jul 19991,00133,55217.892.37$97,506
Jun 199923733,01115.942.36$81,753
May 199927840,34315.792.32$98,027
Apr 199931942,73315.102.21$99,174
Mar 199939449,81912.471.84$96,497
Feb 199935955,9419.981.82$105,272
Jan 199971479,08510.381.90$157,669
Dec 19989193,3729.201.77$166,416
Nov 1998123115,52010.892.19$253,834
Oct 199822094,05412.421.97$187,944
Sep 199821198,60312.592.08$208,009
Aug 199837680,22411.301.91$157,264

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             1 bbl  × $106.41 =       $106
Gas                  199 Mcf  × $  3.05 =       $606

────────────────────────────────────────────────────
Month total                                     $713

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/169865 is the state's own key, not one this site invented.