VERGARA, L. B. STATE

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 174001District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.5 M
Aug 1999 – May 2026
Value, last 12 filed months
$292 k
at the published price for each month
Months reported
322
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 Gas112000-01-10141211
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
CondensateDisposition17,615 bbl$736,933
GasProduction4,704,617 Mcf$20,808,028
Total$21,544,961

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 27.4068, -99.1015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40682, -99.10152 · 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
10,928 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 10,928 ft.

Completions filed
Aug 1999
1 of 1 wells

1 well

42-47937263110,928 ftAug 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 (322)

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

322 months

May 202606,600106.413.05$20,103
Apr 202606,33298.932.87$18,171
Mar 202606,49589.753.15$20,456
Feb 202605,90363.503.75$22,138
Jan 202606,40959.138.00$51,259
Dec 202506,53156.664.41$28,824
Nov 202506,91258.593.93$27,140
Oct 202506,66059.383.30$22,010
Sep 202506,26362.743.08$19,271
Aug 202506,67363.933.01$20,117
Jul 202506,69566.743.32$22,195
Jun 202506,47366.483.13$20,252
May 202506,79860.553.23$21,973
Apr 202506,61762.363.54$23,445
Mar 202506,98567.704.27$29,814
Feb 202506,14170.884.34$26,657
Jan 202506,56674.324.28$28,094
Dec 202407,01768.993.12$21,903
Nov 202406,81969.052.20$14,991
Oct 202406,85271.372.28$15,632
Sep 202406,55969.612.36$15,508
Aug 202406,95175.632.06$14,344
Jul 202406,84979.932.15$14,702
Jun 202406,30978.082.63$16,618
May 202406,43278.812.20$14,140
Apr 202406,58084.451.66$10,918
Mar 202406,94180.301.55$10,725
Feb 202406,61176.091.78$11,792
Jan 202407,02073.023.30$23,150
Dec 202307,19671.262.61$18,787
Nov 202306,88077.892.81$19,316
Oct 202307,30585.443.09$22,553
Sep 202307,09389.042.74$19,400
Aug 202307,30880.522.67$19,533
Jul 202306,96574.852.64$18,400
Jun 202306,93768.962.26$15,667
May 202307,17770.622.23$15,986
Apr 202307,31278.122.24$16,363
Mar 202307,52772.852.39$18,013
Feb 202306,77575.112.47$16,705
Jan 202307,45876.533.39$25,266
Dec 202206,26076.415.73$35,864
Nov 202207,08485.005.65$39,998
Oct 202207,40487.185.86$43,415
Sep 202207,46684.888.16$60,950
Aug 202207,70394.529.13$70,307
Jul 202207,523101.587.54$56,739
Jun 202207,466115.097.98$59,558
May 202207,822109.378.43$65,963
Apr 202207,476104.226.84$51,118
Mar 202207,735108.885.08$39,266
Feb 202206,41591.054.86$31,169
Jan 202206,86181.844.54$31,133
Dec 202106,75371.323.90$26,331
Nov 202106,51977.435.24$34,139
Oct 202106,85179.795.71$39,146
Sep 202106,91369.865.35$36,991
Aug 202106,99466.024.22$29,519
Jul 202107,61370.783.98$30,316
Jun 202107,17969.493.38$24,269
May 202107,18763.483.02$21,688
Apr 202107,05960.362.76$19,472
Mar 202107,14361.302.72$19,407
Feb 202106,50957.805.55$36,112
Jan 202107,15450.412.81$20,105
Dec 202007,34344.642.68$19,646
Nov 202007,20538.772.71$19,501
Oct 202007,65836.972.48$18,980
Sep 202007,45537.091.99$14,843
Aug 202007,77839.982.39$18,551
Jul 202007,83038.371.83$14,291
Jun 202007,70534.901.69$13,024
May 202007,98916.921.81$14,498
Apr 202007,74414.751.80$13,973
Mar 202007,96630.341.86$14,787
Feb 202006,81249.881.98$13,492
Jan 202007,81357.252.09$16,366
Dec 201907,24959.012.30$16,704
Nov 201907,86755.302.75$21,640
Oct 201908,38153.472.42$20,270
Sep 201907,58755.052.66$20,161
Aug 201908,50053.112.30$19,587
Jul 201908,20256.272.46$20,177
Jun 201908,03852.782.49$20,024
May 201908,19358.482.74$22,451
Apr 201907,87162.632.75$21,651
Mar 201908,01256.803.06$24,534
Feb 201907,47550.852.79$20,872
Jan 201908,28446.033.23$26,742
Dec 201808,95246.594.19$37,468
Nov 201808,20852.934.24$34,779
Oct 201808,45361.443.40$28,724
Sep 201808,26259.543.11$25,678
Aug 201808,55459.403.07$26,231
Jul 201808,57265.142.93$25,132
Jun 201808,45360.183.08$26,009
May 201808,88565.382.90$25,774
Apr 201808,44663.842.90$24,500
Mar 201809,21561.222.79$25,681
Feb 201806,58661.782.77$18,218
Jan 201808,26162.874.01$33,121
Dec 201709,37157.272.92$27,378
Nov 201709,15455.423.12$28,545
Oct 201708,49449.292.98$25,343
Sep 201708,44847.523.09$26,081
Aug 201709,98545.373.00$29,999
Jul 2017010,10243.873.09$31,188
Jun 201709,33942.493.09$28,832
May 201709,75045.373.26$31,818
Apr 201709,71047.933.21$31,185
Mar 201709,10646.772.98$27,169
Feb 201709,35650.452.95$27,625
Jan 201702,07549.413.42$7,094
Dec 2016010,48548.763.72$39,034
Nov 2016010,24742.492.64$27,097
Oct 2016010,71046.193.09$33,097
Sep 2016010,49441.553.10$32,538
Aug 2016011,09741.442.92$32,451
Jul 2016010,94341.622.92$32,001
Jun 2016010,84745.352.69$29,133
May 2016011,48242.521.99$22,861
Apr 2016011,54136.561.99$22,979
Mar 20168212,70033.011.79$25,491
Feb 201609,58526.472.06$19,780
Jan 201608,30027.352.36$19,624
Dec 2015010,01432.362.00$20,042
Nov 201508,98238.792.17$19,467
Oct 201517710,65243.552.43$33,556
Sep 201509,91342.992.76$27,344
Aug 2015010,61340.162.87$30,486
Jul 2015011,47448.152.95$33,792
Jun 201506,79856.152.88$19,598
May 2015010,89255.212.96$32,191
Apr 2015010,89049.822.71$29,475
Mar 201519510,52742.892.93$39,257
Feb 201509,29744.662.98$27,670
Jan 2015010,79443.433.10$33,468
Dec 2014010,85054.693.59$38,966
Nov 2014010,59470.464.25$45,044
Oct 2014010,00778.303.90$39,037
Sep 2014011,62686.164.05$47,032
Aug 2014012,02389.394.04$48,514
Jul 201417812,83696.564.18$70,837
Jun 2014012,25298.164.74$58,036
May 2014010,34094.734.73$48,873
Apr 2014011,83295.944.81$56,902
Mar 2014012,00695.895.06$60,712
Feb 2014011,11697.406.19$68,830
Jan 201418912,41690.404.86$77,436
Dec 2013014,11591.824.35$61,463
Nov 2013012,93488.853.74$48,351
Oct 2013012,52997.423.78$47,352
Sep 2013012,211104.113.72$45,397
Aug 201319513,828104.253.52$69,039
Jul 2013014,446102.523.72$53,706
Jun 2013014,60194.403.93$57,432
May 2013014,52594.834.15$60,265
Apr 2013015,20293.964.28$65,104
Mar 2013014,23393.623.91$55,692
Feb 201319814,33591.233.42$67,088
Jan 2013016,44991.603.42$56,254
Dec 2012015,03286.773.42$51,412
Nov 2012015,93386.953.62$57,756
Oct 2012015,96889.383.40$54,286
Sep 201219516,43394.672.92$66,419
Aug 2012017,34592.662.91$50,442
Jul 2012017,53285.133.02$52,961
Jun 2012017,46979.822.52$44,005
May 2012017,52391.612.49$43,603
Apr 201217718,111101.652.00$54,156
Mar 2012019,067105.052.22$42,368
Feb 2012018,420101.102.57$47,344
Jan 20126819,84698.092.73$60,931
Dec 2011020,03496.873.24$64,905
Nov 201111419,37195.723.31$75,055
Oct 2011020,66084.983.65$75,379
Sep 20118720,59783.623.99$89,370
Aug 2011021,84983.404.15$90,658
Jul 201114222,66994.144.52$115,769
Jun 2011019,63792.904.64$91,113
May 20119020,83098.134.40$100,584
Apr 2011023,599105.964.33$102,261
Mar 20119925,14796.364.06$111,570
Feb 201112623,29185.644.18$108,147
Jan 2011025,61586.504.59$117,542
Dec 201010725,08885.734.35$118,249
Nov 20108725,01080.843.80$101,954
Oct 201012624,57678.103.51$96,075
Sep 2010010,97272.633.98$43,663
Aug 201009,10773.684.42$40,247
Jul 20101917,80072.554.74$50,802
Jun 201005,63370.364.91$27,660
May 201001,06671.124.24$4,515
Apr 201002,35581.694.12$9,709
Mar 2010014,34978.394.39$62,973
Feb 201005,35173.585.44$29,122
Jan 201006,83574.365.96$40,765
Dec 200909,26771.445.48$50,818
Nov 200908,64174.593.75$32,417
Oct 200909,37272.544.11$38,521
Sep 20091679,80165.543.06$40,983
Aug 2009010,77867.423.22$34,689
Jul 2009010,15361.133.46$35,175
Jun 2009010,01366.163.90$39,001
May 2009010,39354.743.93$40,800
Apr 200918510,10446.773.59$44,901
Mar 2009010,58342.144.06$42,956
Feb 200909,77332.814.63$45,278
Jan 2009011,30035.865.37$60,692
Dec 200816412,46637.105.98$80,595
Nov 2008011,53255.496.86$79,114
Oct 20081696,89475.246.92$60,436
Sep 2008011,053101.767.88$87,065
Aug 2008011,656114.228.48$98,878
Jul 2008011,039131.0811.39$125,728
Jun 2008011,025131.3313.03$143,685
May 2008011,362123.1711.57$131,507
Apr 200816411,482110.3110.45$138,134
Mar 2008012,659101.909.66$122,337
Feb 2008011,64092.538.77$102,090
Jan 20088013,04590.388.21$114,274
Dec 2007014,23588.337.30$103,944
Nov 200730313,88091.677.29$128,985
Oct 2007015,47882.856.92$107,138
Sep 2007016,23775.846.24$101,386
Aug 2007014,81869.066.39$94,656
Jul 2007012,14970.906.39$77,607
Jun 2007011,72662.007.55$88,513
May 200706,49358.747.85$50,946
Apr 2007013,22459.617.81$103,216
Mar 200718914,15856.927.30$114,139
Feb 200718512,82055.108.22$115,523
Jan 2007013,84450.306.73$93,127
Dec 2006014,65356.656.92$101,376
Nov 2006011,35654.207.62$86,504
Oct 2006016,30054.906.01$98,025
Sep 2006013,34360.085.04$67,211
Aug 200615316,29668.717.34$130,124
Jul 2006018,02969.376.34$114,354
Jun 200617212,02266.286.38$88,147
May 2006013,21266.016.42$84,887
Apr 2006013,79064.397.36$101,501
Mar 200618913,97656.707.08$109,707
Feb 2006013,07257.597.75$101,323
Jan 2006014,79460.598.93$132,160
Dec 200518515,27354.9413.42$215,057
Nov 2005014,43654.6910.59$152,854
Oct 2005015,43558.3413.80$212,938
Sep 200518811,79361.4512.08$154,000
Aug 2005014,61661.519.80$143,191
Jul 2005014,81155.697.84$116,172
Jun 200519014,63852.337.38$117,986
May 2005015,41745.226.65$102,541
Apr 2005015,21449.207.36$111,982
Mar 200519415,78350.377.15$122,697
Feb 2005014,48445.226.31$91,422
Jan 2005016,31143.166.32$103,121
Dec 200418916,84039.866.75$121,222
Nov 2004016,44345.286.33$104,091
Oct 200414316,71949.706.52$116,033
Sep 2004016,08443.245.28$84,986
Aug 200419316,94942.375.55$102,256
Jul 2004017,32238.286.08$105,390
Jun 2004017,14536.106.43$110,294
May 200418318,13037.486.49$124,606
Apr 2004017,75034.475.86$103,988
Mar 200414318,79234.365.53$108,836
Feb 200419316,36132.455.51$96,406
Jan 2004018,39032.036.30$115,850
Dec 200318919,11830.266.30$126,194
Nov 2003018,58028.804.60$85,378
Oct 200318818,91228.174.76$95,310
Sep 2003018,30326.314.75$86,928
Aug 2003018,84229.765.13$96,654
Jul 200319219,34729.415.17$105,687
Jun 2003018,95328.565.98$113,395
May 200318819,85926.595.97$123,610
Apr 200319019,51526.675.41$110,590
Mar 2003020,66231.146.10$125,956
Feb 2003019,06833.487.93$151,131
Jan 200319421,11730.315.58$123,756
Dec 200218121,56726.914.85$109,552
Nov 2002021,15624.664.14$87,522
Oct 200219222,48726.464.23$100,181
Sep 2002022,19727.443.64$80,691
Aug 200218821,29025.963.16$72,245
Jul 2002023,51924.583.06$72,010
Jun 200218923,17123.733.34$81,835
May 2002023,87124.663.58$85,554
Apr 200218924,00123.653.51$88,769
Mar 2002025,20722.003.10$78,210
Feb 200218223,35018.222.38$58,788
Jan 200218726,55517.172.38$66,297
Dec 2001025,96116.932.36$61,382
Nov 200119226,69218.072.41$67,678
Oct 200118127,47219.782.53$73,054
Sep 2001027,91724.262.25$62,850
Aug 200118528,61724.873.05$91,973
Jul 200119030,63623.933.20$102,492
Jun 2001030,99324.563.82$118,522
May 200117032,68525.524.31$145,123
Apr 200118128,57324.685.34$156,913
Mar 200117833,52324.545.38$184,603
Feb 200118830,82827.755.77$183,005
Jan 2001035,77527.478.40$300,466
Dec 200017736,45226.889.12$337,291
Nov 200016936,96332.215.66$214,580
Oct 2000039,68831.235.15$204,215
Sep 200026735,48031.875.19$192,526
Aug 200030940,26929.644.54$192,010
Jul 200035643,47128.534.09$187,942
Jun 200032642,71929.304.40$197,398
May 200042047,26327.263.68$185,365
Apr 200047249,00424.513.12$164,265
Mar 200057753,36828.422.86$169,017
Feb 200056951,63627.622.73$156,501
Jan 200041856,47025.272.48$150,637
Dec 199956361,13424.282.42$161,841
Nov 199974163,62923.192.43$172,056
Oct 199973176,05920.982.80$228,584
Sep 199932643,73821.752.62$121,634
Aug 199953677,47119.262.88$233,099

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                6,600 Mcf  × $  3.05 =    $20,103

────────────────────────────────────────────────────
Month total                                  $20,103

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/174001 is the state's own key, not one this site invented.