VILLARREAL STATE 272

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 173276District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$740 k
May 1999 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
325
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 Gas111999-08-24140796
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
CondensateDisposition403 bbl$11,170
GasProduction192,119 Mcf$728,743
Total$739,913

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 27.5044, -98.9981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.50442, -98.99809 · 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
12,500 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 12,500 ft.

Completions filed
May 1999
1 of 1 wells

1 well

42-47937238112,500 ftMay 1999

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 (325)

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

325 months

May 20261164106.413.05$606
Apr 2026025198.932.87$720
Mar 2026016789.753.15$526
Feb 2026016663.503.75$623
Jan 2026140459.138.00$3,290
Dec 2025022356.664.41$984
Nov 2025023658.593.93$927
Oct 2025022659.383.30$747
Sep 2025052962.743.08$1,628
Aug 2025025463.933.01$766
Jul 2025117366.743.32$640
Jun 2025017966.483.13$560
May 2025116960.553.23$607
Apr 2025018162.363.54$641
Mar 2025124167.704.27$1,096
Feb 2025118470.884.34$870
Jan 2025016774.324.28$715
Dec 2024034768.993.12$1,083
Nov 2024020769.052.20$455
Oct 202408671.372.28$196
Sep 2024117469.612.36$481
Aug 2024017775.632.06$365
Jul 2024017879.932.15$382
Jun 2024018278.082.63$479
May 2024115278.812.20$413
Apr 2024119284.451.66$403
Mar 2024119780.301.55$385
Feb 2024020376.091.78$362
Jan 2024019473.023.30$640
Dec 2023011171.262.61$290
Nov 2023019777.892.81$553
Oct 2023124285.443.09$833
Sep 2023111789.042.74$409
Aug 2023064580.522.67$1,724
Jul 2023123474.852.64$693
Jun 2023110368.962.26$302
May 2023020170.622.23$448
Apr 2023019678.122.24$439
Mar 2023116072.852.39$456
Feb 20230075.112.47$0
Jan 20230276.533.39$7
Dec 2022017876.415.73$1,020
Nov 202209485.005.65$531
Oct 2022218987.185.86$1,283
Sep 2022119284.888.16$1,652
Aug 2022010894.529.13$986
Jul 20221106101.587.54$901
Jun 20220249115.097.98$1,986
May 20221163109.378.43$1,484
Apr 20221108104.226.84$843
Mar 20222160108.885.08$1,030
Feb 2022015491.054.86$748
Jan 2022124381.844.54$1,185
Dec 2021010071.323.90$390
Nov 202101777.435.24$89
Oct 202108979.795.71$509
Sep 20210069.865.35$0
Aug 2021010666.024.22$447
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202108160.362.76$223
Mar 202104561.302.72$122
Feb 20210057.805.55$0
Jan 202109550.412.81$267
Dec 202008044.642.68$214
Nov 202008938.772.71$241
Oct 202009136.972.48$226
Sep 20200037.091.99$0
Aug 202008839.982.39$210
Jul 2020013338.371.83$243
Jun 2020014334.901.69$242
May 2020014116.921.81$256
Apr 2020013014.751.80$235
Mar 2020013330.341.86$247
Feb 2020015449.881.98$305
Jan 202003057.252.09$63
Dec 2019019059.012.30$438
Nov 2019014555.302.75$399
Oct 2019015253.472.42$368
Sep 201907555.052.66$199
Aug 20190053.112.30$0
Jul 2019011756.272.46$288
Jun 2019013752.782.49$341
May 2019017658.482.74$482
Apr 2019016762.632.75$459
Mar 201904256.803.06$129
Feb 2019012050.852.79$335
Jan 201909446.033.23$303
Dec 2018017446.594.19$728
Nov 2018017252.934.24$729
Oct 20180861.443.40$27
Sep 201809959.543.11$308
Aug 2018024659.403.07$754
Jul 20180065.142.93$0
Jun 20180460.183.08$12
May 2018012165.382.90$351
Apr 2018019163.842.90$554
Mar 2018012661.222.79$351
Feb 201802561.782.77$69
Jan 2018016662.874.01$666
Dec 201708257.272.92$240
Nov 201707655.423.12$237
Oct 201707449.292.98$221
Sep 201703547.523.09$108
Aug 201707645.373.00$228
Jul 201708143.873.09$250
Jun 201708442.493.09$259
May 201709345.373.26$304
Apr 2017010647.933.21$340
Mar 201709946.772.98$295
Feb 2017010450.452.95$307
Jan 2017019549.413.42$667
Dec 2016016448.763.72$611
Nov 2016012942.492.64$341
Oct 2016014146.193.09$436
Sep 2016011741.553.10$363
Aug 2016014341.442.92$418
Jul 2016014741.622.92$430
Jun 2016022745.352.69$610
May 2016033742.521.99$671
Apr 201601,40936.561.99$2,805
Mar 201601,47633.011.79$2,648
Feb 201601,53226.472.06$3,161
Jan 201601,13027.352.36$2,672
Dec 2015012632.362.00$252
Nov 2015014538.792.17$314
Oct 20150043.552.43$0
Sep 201506442.992.76$177
Aug 201506340.162.87$181
Jul 2015010448.152.95$306
Jun 201507756.152.88$222
May 201508955.212.96$263
Apr 2015013149.822.71$355
Mar 2015016742.892.93$490
Feb 201507044.662.98$208
Jan 2015018743.433.10$580
Dec 2014047454.693.59$1,702
Nov 201406470.464.25$272
Oct 2014011578.303.90$449
Sep 2014010086.164.05$405
Aug 2014014489.394.04$581
Jul 201403796.564.18$155
Jun 20140098.164.74$0
May 201408694.734.73$406
Apr 2014022295.944.81$1,068
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201409290.404.86$447
Dec 2013013391.824.35$579
Nov 201305188.853.74$191
Oct 2013015897.423.78$597
Sep 2013092104.113.72$342
Aug 20130177104.253.52$624
Jul 20130105102.523.72$390
Jun 2013011394.403.93$444
May 2013018994.834.15$784
Apr 2013011593.964.28$493
Mar 2013013693.623.91$532
Feb 2013024691.233.42$841
Jan 201303291.603.42$109
Dec 2012018686.773.42$636
Nov 201207686.953.62$276
Oct 2012022989.383.40$779
Sep 2012011694.672.92$339
Aug 2012010092.662.91$291
Jul 201206285.133.02$187
Jun 2012012779.822.52$320
May 2012011291.612.49$279
Apr 20120364101.652.00$727
Mar 201200105.052.22$0
Feb 2012020101.102.57$51
Jan 2012021398.092.73$582
Dec 2011018296.873.24$590
Nov 2011019595.723.31$646
Oct 2011023784.983.65$865
Sep 2011011383.623.99$450
Aug 2011014583.404.15$602
Jul 2011018194.144.52$818
Jun 2011022392.904.64$1,035
May 2011025598.134.40$1,123
Apr 20110156105.964.33$676
Mar 201101896.364.06$73
Feb 201102685.644.18$109
Jan 201106086.504.59$275
Dec 2010011185.734.35$483
Nov 2010018780.843.80$710
Oct 2010076378.103.51$2,677
Sep 2010015272.633.98$605
Aug 2010015473.684.42$681
Jul 2010012372.554.74$583
Jun 2010019970.364.91$977
May 2010011271.124.24$474
Apr 2010021481.694.12$882
Mar 2010016178.394.39$707
Feb 2010016773.585.44$909
Jan 2010021274.365.96$1,264
Dec 2009022671.445.48$1,239
Nov 2009010174.593.75$379
Oct 2009015372.544.11$629
Sep 2009026365.543.06$806
Aug 2009044567.423.22$1,432
Jul 2009026361.133.46$911
Jun 2009025366.163.90$985
May 2009024354.743.93$954
Apr 2009022546.773.59$807
Mar 2009024342.144.06$986
Feb 2009016632.814.63$769
Jan 2009027435.865.37$1,472
Dec 2008033137.105.98$1,978
Nov 2008035755.496.86$2,449
Oct 2008026075.246.92$1,800
Sep 20080222101.767.88$1,749
Aug 20080257114.228.48$2,180
Jul 20080324131.0811.39$3,690
Jun 20080307131.3313.03$4,001
May 20080215123.1711.57$2,488
Apr 20080265110.3110.45$2,771
Mar 20080408101.909.66$3,943
Feb 2008030592.538.77$2,675
Jan 2008030490.388.21$2,495
Dec 2007041288.337.30$3,008
Nov 2007024391.677.29$1,772
Oct 2007039882.856.92$2,755
Sep 2007038675.846.24$2,410
Aug 2007040269.066.39$2,568
Jul 2007038170.906.39$2,434
Jun 2007024562.007.55$1,849
May 2007034158.747.85$2,676
Apr 2007034059.617.81$2,654
Mar 2007031156.927.30$2,271
Feb 2007031855.108.22$2,613
Jan 2007047150.306.73$3,168
Dec 2006019256.656.92$1,328
Nov 2006022754.207.62$1,729
Oct 2006035254.906.01$2,117
Sep 2006029360.085.04$1,476
Aug 2006097268.717.34$7,134
Jul 20060069.376.34$0
Jun 2006012866.286.38$817
May 2006011166.016.42$713
Apr 200601,22864.397.36$9,039
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005067254.6910.59$7,115
Oct 2005039058.3413.80$5,380
Sep 2005027061.4512.08$3,261
Aug 2005013761.519.80$1,342
Jul 2005025955.697.84$2,032
Jun 2005034052.337.38$2,510
May 2005078845.226.65$5,241
Apr 200501,11449.207.36$8,200
Mar 200501,11750.377.15$7,992
Feb 20050045.226.31$0
Jan 2005024643.166.32$1,555
Dec 2004032839.866.75$2,214
Nov 200401,13345.286.33$7,172
Oct 200403,48249.706.52$22,686
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003018529.415.17$957
Jun 2003023028.565.98$1,376
May 2003056026.595.97$3,345
Apr 2003059626.675.41$3,223
Mar 2003055731.146.10$3,395
Feb 200301,79033.487.93$14,187
Jan 200301,44130.315.58$8,044
Dec 20020026.914.85$0
Nov 2002018324.664.14$757
Oct 2002049426.464.23$2,089
Sep 2002050327.443.64$1,829
Aug 2002055025.963.16$1,740
Jul 2002071124.583.06$2,177
Jun 2002099223.733.34$3,312
May 2002073524.663.58$2,634
Apr 2002092523.653.51$3,249
Mar 2002084622.003.10$2,625
Feb 2002072818.222.38$1,730
Jan 200201,32017.172.38$3,136
Dec 2001083816.932.36$1,981
Nov 200101,03118.072.41$2,480
Oct 200101,61319.782.53$4,079
Sep 200101,42424.262.25$3,206
Aug 2001911,43824.873.05$6,654
Jul 200101,84823.933.20$5,908
Jun 2001038924.563.82$1,488
May 2001052825.524.31$2,274
Apr 200101,96124.685.34$10,463
Mar 200102,28824.545.38$12,301
Feb 200102,80627.755.77$16,182
Jan 2001151827.478.40$4,215
Dec 200003,22226.889.12$29,393
Nov 200004,27932.215.66$24,211
Oct 20000631.235.15$31
Sep 200001,20731.875.19$6,260
Aug 200002,42529.644.54$11,011
Jul 200002,42728.534.09$9,926
Jun 200003,42929.304.40$15,078
May 200004,12027.263.68$15,161
Apr 2000076924.513.12$2,396
Mar 200002,68428.422.86$7,676
Feb 200002,11227.622.73$5,758
Jan 200013,52825.272.48$8,776
Dec 199904,95524.282.42$12,010
Nov 199976,25923.192.43$15,397
Oct 199973,05520.982.80$8,712
Sep 1999264,73521.752.62$12,966
Aug 19999610,14019.262.88$31,008
Jul 199906,91817.892.37$16,412
Jun 1999030,17715.942.36$71,281
May 199908,75815.792.32$20,327

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                  164 Mcf  × $  3.05 =       $500

────────────────────────────────────────────────────
Month total                                     $606

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/173276 is the state's own key, not one this site invented.