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 173323District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.2 M
May 1999 – May 2026
Value, last 12 filed months
$104 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 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 Gas111999-08-24140795
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
CondensateDisposition1,799 bbl$81,583
GasProduction2,977,134 Mcf$13,102,135
Total$13,183,717

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 27.4560, -99.1220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45602, -99.12200 · 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
10,700 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 10,700 ft.

Completions filed
May 1999
1 of 1 wells

1 well

42-479370825910,700 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 202602,275106.413.05$6,929
Apr 202602,18098.932.87$6,256
Mar 202602,16889.753.15$6,828
Feb 202602,14163.503.75$8,029
Jan 202602,24959.138.00$17,987
Dec 202502,02456.664.41$8,933
Nov 202502,15258.593.93$8,450
Oct 202502,45959.383.30$8,127
Sep 202502,18862.743.08$6,732
Aug 202502,80363.933.01$8,450
Jul 202502,59966.743.32$8,616
Jun 202502,64966.483.13$8,288
May 202502,78960.553.23$9,015
Apr 202502,57462.363.54$9,120
Mar 202502,57167.704.27$10,974
Feb 202502,24870.884.34$9,758
Jan 202502,51874.324.28$10,774
Dec 202402,38168.993.12$7,432
Nov 202402,31469.052.20$5,087
Oct 202402,48171.372.28$5,660
Sep 20240069.612.36$0
Aug 202402,32575.632.06$4,798
Jul 202402,29179.932.15$4,918
Jun 202402,17578.082.63$5,729
May 202402,60078.812.20$5,716
Apr 202402,24484.451.66$3,723
Mar 202402,32680.301.55$3,594
Feb 202402,08876.091.78$3,724
Jan 202402,74973.023.30$9,065
Dec 202302,65971.262.61$6,942
Nov 202302,46177.892.81$6,909
Oct 202302,62585.443.09$8,104
Sep 202302,63389.042.74$7,201
Aug 202302,74880.522.67$7,345
Jul 202302,64174.852.64$6,977
Jun 202302,88168.962.26$6,507
May 202302,93470.622.23$6,535
Apr 202302,51778.122.24$5,632
Mar 202302,91372.852.39$6,971
Feb 202302,36975.112.47$5,841
Jan 202302,45376.533.39$8,310
Dec 202202,43576.415.73$13,950
Nov 202202,81585.005.65$15,894
Oct 202203,14687.185.86$18,447
Sep 202203,02084.888.16$24,654
Aug 202202,88294.529.13$26,304
Jul 202202,592101.587.54$19,549
Jun 202202,599115.097.98$20,733
May 202202,671109.378.43$22,525
Apr 202202,775104.226.84$18,974
Mar 202202,790108.885.08$14,163
Feb 202202,70291.054.86$13,129
Jan 202202,95681.844.54$13,413
Dec 202102,94971.323.90$11,499
Nov 202102,70777.435.24$14,176
Oct 202102,87379.795.71$16,416
Sep 2021292,78669.865.35$16,934
Aug 202102,85166.024.22$12,033
Jul 202103,01770.783.98$12,014
Jun 202102,93569.493.38$9,922
May 202103,03663.483.02$9,162
Apr 202102,90260.362.76$8,005
Mar 202102,97561.302.72$8,083
Feb 202102,53857.805.55$14,081
Jan 202102,87450.412.81$8,077
Dec 202002,82644.642.68$7,561
Nov 202002,80438.772.71$7,589
Oct 202003,01436.972.48$7,470
Sep 202003,29437.091.99$6,558
Aug 202001,88839.982.39$4,503
Jul 202003,72338.371.83$6,795
Jun 202003,48634.901.69$5,892
May 202003,29616.921.81$5,981
Apr 202003,19314.751.80$5,761
Mar 202003,26030.341.86$6,051
Feb 202002,92249.881.98$5,788
Jan 202003,30757.252.09$6,927
Dec 201902,96859.012.30$6,839
Nov 201903,16655.302.75$8,709
Oct 201903,45253.472.42$8,349
Sep 201903,78155.052.66$10,047
Aug 201903,22653.112.30$7,434
Jul 201903,40856.272.46$8,384
Jun 2019533,38252.782.49$11,223
May 201903,97358.482.74$10,887
Apr 201904,52162.632.75$12,436
Mar 201904,20356.803.06$12,870
Feb 201901,48850.852.79$4,155
Jan 201901,45046.033.23$4,681
Dec 201801,60846.594.19$6,730
Nov 201802,06352.934.24$8,741
Oct 201801,38261.443.40$4,696
Sep 201801,86959.543.11$5,809
Aug 201801,85659.403.07$5,692
Jul 201804,05465.142.93$11,886
Jun 201803,80860.183.08$11,717
May 201804,00465.382.90$11,615
Apr 201803,95363.842.90$11,467
Mar 201804,25161.222.79$11,847
Feb 201804,05261.782.77$11,208
Jan 201804,69862.874.01$18,836
Dec 201704,77957.272.92$13,962
Nov 201704,44855.423.12$13,870
Oct 2017078349.292.98$2,336
Sep 201701,36347.523.09$4,208
Aug 201701,91145.373.00$5,741
Jul 201702,26343.873.09$6,987
Jun 201702,83342.493.09$8,746
May 201704,35045.373.26$14,196
Apr 201704,87247.933.21$15,647
Mar 201705,06846.772.98$15,121
Feb 201704,67450.452.95$13,800
Jan 201705,33049.413.42$18,222
Dec 201605,37348.763.72$20,003
Nov 201605,35242.492.64$14,153
Oct 201605,41046.193.09$16,718
Sep 201605,39441.553.10$16,725
Aug 201605,57041.442.92$16,289
Jul 201605,34641.622.92$15,634
Jun 201605,71245.352.69$15,341
May 201606,73142.521.99$13,402
Apr 20160036.561.99$0
Mar 201602733.011.79$48
Feb 201601,65826.472.06$3,422
Jan 2016421,31727.352.36$4,263
Dec 201501,39332.362.00$2,788
Nov 201501,39238.792.17$3,017
Oct 201501,41843.552.43$3,441
Sep 201501,16842.992.76$3,222
Aug 201501,51840.162.87$4,360
Jul 201501,79448.152.95$5,283
Jun 201502,40656.152.88$6,936
May 201506,10955.212.96$18,055
Apr 201503,47449.822.71$9,403
Mar 201504,31142.892.93$12,652
Feb 201505,04644.662.98$15,018
Jan 201503,08143.433.10$9,553
Dec 201406,13354.693.59$22,026
Nov 201404,89070.464.25$20,792
Oct 201404,27078.303.90$16,657
Sep 201402,20186.164.05$8,904
Aug 201402,28689.394.04$9,224
Jul 201403,87996.564.18$16,213
Jun 201405,66698.164.74$26,839
May 201404,77994.734.73$22,588
Apr 201404,45495.944.81$21,420
Mar 201404,16395.895.06$21,051
Feb 2014953,98097.406.19$33,897
Jan 201404,03490.404.86$19,608
Dec 201304,04991.824.35$17,631
Nov 201304,80488.853.74$17,959
Oct 201305,32197.423.78$20,110
Sep 201304,560104.113.72$16,953
Aug 201304,732104.253.52$16,669
Jul 201304,754102.523.72$17,674
Jun 201304,31294.403.93$16,961
May 201304,40094.834.15$18,256
Apr 201304,11393.964.28$17,614
Mar 201304,37793.623.91$17,127
Feb 201303,67291.233.42$12,558
Jan 201304,34091.603.42$14,842
Dec 201203,57186.773.42$12,213
Nov 201205,24486.953.62$19,009
Oct 201205,94989.383.40$20,225
Sep 201204,72094.672.92$13,775
Aug 201205,54092.662.91$16,111
Jul 201205,87985.133.02$17,759
Jun 201205,27679.822.52$13,290
May 201204,42491.612.49$11,008
Apr 201205,033101.652.00$10,050
Mar 201206,427105.052.22$14,281
Feb 201204,760101.102.57$12,234
Jan 201203098.092.73$82
Dec 2011533,66196.873.24$16,995
Nov 201104,66695.723.31$15,450
Oct 201105,12384.983.65$18,691
Sep 201104,85583.623.99$19,351
Aug 201105,33183.404.15$22,120
Jul 201105,23294.144.52$23,634
Jun 201105,27192.904.64$24,457
May 201105,77698.134.40$25,442
Apr 201105,829105.964.33$25,259
Mar 201105,06496.364.06$20,546
Feb 201104,41085.644.18$18,434
Jan 201105,01186.504.59$22,994
Dec 201005,34285.734.35$23,226
Nov 201005,27180.843.80$20,005
Oct 2010705,25678.103.51$23,910
Sep 201005,19172.633.98$20,657
Aug 201006,05973.684.42$26,777
Jul 201006,33672.554.74$30,010
Jun 201005,81070.364.91$28,529
May 201005,11771.124.24$21,672
Apr 201005,82181.694.12$23,998
Mar 201004,93078.394.39$21,636
Feb 201001,74773.585.44$9,508
Jan 201005,21574.365.96$31,103
Dec 200903,10871.445.48$17,044
Nov 200907,09474.593.75$26,613
Oct 200907,09072.544.11$29,142
Sep 200905,87865.543.06$18,015
Aug 200904,88267.423.22$15,713
Jul 200906,67461.133.46$23,122
Jun 2009844,58366.163.90$23,408
May 200904,50554.743.93$17,686
Apr 200907,63746.773.59$27,398
Mar 200907,27942.144.06$29,545
Feb 200906,57132.814.63$30,443
Jan 200907,54335.865.37$40,513
Dec 200807,91537.105.98$47,309
Nov 200805,50955.496.86$37,794
Oct 200807,37675.246.92$51,057
Sep 200806,859101.767.88$54,029
Aug 200806,095114.228.48$51,704
Jul 200804,371131.0811.39$49,783
Jun 200804,992131.3313.03$65,059
May 200806,852123.1711.57$79,307
Apr 200806,362110.3110.45$66,514
Mar 200803,740101.909.66$36,144
Feb 2008767,21692.538.77$70,321
Jan 200808,28790.388.21$68,001
Dec 200709,54588.337.30$69,697
Nov 2007798,38491.677.29$68,376
Oct 200708,61982.856.92$59,661
Sep 200709,43375.846.24$58,901
Aug 200708,86269.066.39$56,610
Jul 2007011,08270.906.39$70,791
Jun 2007011,94762.007.55$90,181
May 2007011,43258.747.85$89,699
Apr 2007010,78659.617.81$84,187
Mar 2007012,19956.927.30$89,077
Feb 2007011,34555.108.22$93,211
Jan 200708,83250.306.73$59,412
Dec 2006015,50956.656.92$107,298
Nov 2006012,41354.207.62$94,556
Oct 200603,66654.906.01$22,047
Sep 200603,35460.085.04$16,895
Aug 200606,53368.717.34$47,952
Jul 200608,99269.376.34$57,034
Jun 200606,61966.286.38$42,255
May 200609,09666.016.42$58,442
Apr 200608,82864.397.36$64,978
Mar 2006011,10756.707.08$78,670
Feb 2006012,77157.597.75$98,990
Jan 2006013,09760.598.93$117,000
Dec 2005016,65054.9413.42$223,366
Nov 20057217,66554.6910.59$190,982
Oct 2005021,33958.3413.80$294,388
Sep 2005018,93961.4512.08$228,764
Aug 2005026,66061.519.80$261,184
Jul 2005025,06255.697.84$196,577
Jun 200502,41152.337.38$17,796
May 200502,04145.226.65$13,575
Apr 200503,00349.207.36$22,104
Mar 200504,96350.377.15$35,510
Feb 200506,39245.226.31$40,346
Jan 200509,20743.166.32$58,209
Dec 2004589,16139.866.75$64,159
Nov 200407,17345.286.33$45,408
Oct 200404,63949.706.52$30,224
Sep 2004010,31143.245.28$54,482
Aug 200411311,43942.375.55$68,282
Jul 200407,39238.286.08$44,974
Jun 200403,03136.106.43$19,498
May 200402,63437.486.49$17,107
Apr 200402,08834.475.86$12,232
Mar 200407,53934.365.53$41,692
Feb 200409,19532.455.51$50,661
Jan 200406,52432.036.30$41,099
Dec 200309,30630.266.30$58,643
Nov 2003016,08428.804.60$73,909
Oct 20039418,75828.174.76$91,929
Sep 2003013,40626.314.75$63,670
Aug 2003012,65029.765.13$64,891
Jul 2003021,88029.415.17$113,138
Jun 200303,53628.565.98$21,156
May 2003015,34826.595.97$91,669
Apr 20033520,08526.675.41$109,539
Mar 2003021,17231.146.10$129,065
Feb 2003012,85833.487.93$101,911
Jan 2003018,12530.315.58$101,174
Dec 200207,32126.914.85$35,534
Nov 2002013,31724.664.14$55,092
Oct 2002221,68226.464.23$91,749
Sep 2002029,72027.443.64$108,038
Aug 2002038,02525.963.16$120,317
Jul 2002044,12624.583.06$135,103
Jun 2002043,89323.733.34$146,525
May 2002013,84724.663.58$49,628
Apr 200207,22823.653.51$25,387
Mar 200218138,98222.003.10$124,932
Feb 200205,00918.222.38$11,900
Jan 200205,02917.172.38$11,947
Dec 200106,59416.932.36$15,591
Nov 200105,51618.072.41$13,269
Oct 2001022,12819.782.53$55,959
Sep 200105,24724.262.25$11,813
Aug 2001022,94624.873.05$70,058
Jul 2001031,05723.933.20$99,292
Jun 2001029,25924.563.82$111,891
May 2001022,77225.524.31$98,086
Apr 20011737,40724.685.34$43,788
Mar 200108,45924.545.38$45,479
Feb 2001024,34627.755.77$140,405
Jan 2001024,36427.478.40$204,627
Dec 2000010,68526.889.12$97,474
Nov 2000028,18732.215.66$159,482
Oct 2000030,32231.235.15$156,022
Sep 2000027,39631.875.19$142,089
Aug 200015033,17129.644.54$155,067
Jul 2000031,93728.534.09$130,614
Jun 2000031,15029.304.40$136,974
May 2000033,40327.263.68$122,915
Apr 2000036,91624.513.12$115,030
Mar 200017440,40928.422.86$120,505
Feb 2000037,22227.622.73$101,486
Jan 2000047,14725.272.48$116,948
Dec 1999050,64224.282.42$122,742
Nov 1999056,53023.192.43$137,593
Oct 1999065,17120.982.80$182,721
Sep 199916670,67421.752.62$188,695
Aug 1999090,67119.262.88$260,734
Jul 19990122,64317.892.37$290,955
Jun 19990166,17915.942.36$392,531
May 19990015.792.32$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                2,275 Mcf  × $  3.05 =     $6,929

────────────────────────────────────────────────────
Month total                                   $6,929

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/173323 is the state's own key, not one this site invented.