CANALES

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

Gas lease lease 178526District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.0 M
Aug 2000 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
310
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 Gas112000-10-10142492
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
CondensateDisposition21 bbl$1,342
GasProduction5,936,643 Mcf$30,010,393
Total$30,011,735

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 27.1891, -99.3191. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.18908, -99.31914 · 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 2000
1 of 1 wells

1 well

42-50533750179,800 ftAug 2000

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 (310)

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

310 months

May 202605,153106.413.05$15,695
Apr 202605,03598.932.87$14,449
Mar 202605,33789.753.15$16,809
Feb 202604,85263.503.75$18,197
Jan 202605,32959.138.00$42,621
Dec 202505,33956.664.41$23,563
Nov 202555,33058.593.93$21,221
Oct 202505,75459.383.30$19,016
Sep 202505,48862.743.08$16,886
Aug 202505,79063.933.01$17,455
Jul 202505,92466.743.32$19,639
Jun 202515,45066.483.13$17,118
May 202505,44960.553.23$17,613
Apr 202505,36862.363.54$19,019
Mar 202505,52367.704.27$23,574
Feb 202555,09270.884.34$22,458
Jan 202505,69374.324.28$24,359
Dec 202405,49468.993.12$17,149
Nov 202405,47169.052.20$12,028
Oct 202405,54571.372.28$12,650
Sep 202405,44369.612.36$12,869
Aug 202405,69775.632.06$11,757
Jul 202405,57979.932.15$11,976
Jun 202415,42678.082.63$14,370
May 202405,87978.812.20$12,925
Apr 202405,65284.451.66$9,378
Mar 202405,81980.301.55$8,991
Feb 202405,39776.091.78$9,626
Jan 202405,80573.023.30$19,143
Dec 202305,88171.262.61$15,354
Nov 202305,71177.892.81$16,034
Oct 202305,65785.443.09$17,465
Sep 202305,63189.042.74$15,401
Aug 202305,86680.522.67$15,679
Jul 202305,91974.852.64$15,637
Jun 202305,83368.962.26$13,174
May 202306,05770.622.23$13,491
Apr 202306,47978.122.24$14,498
Mar 202336,81372.852.39$16,523
Feb 202306,09975.112.47$15,038
Jan 202306,88576.533.39$23,324
Dec 202206,70276.415.73$38,396
Nov 202206,57385.005.65$37,112
Oct 202206,99687.185.86$41,023
Sep 202206,56884.888.16$53,619
Aug 202206,96994.529.13$63,607
Jul 202206,873101.587.54$51,837
Jun 202206,780115.097.98$54,085
May 202207,038109.378.43$59,352
Apr 202206,958104.226.84$47,576
Mar 202206,906108.885.08$35,058
Feb 202206,39091.054.86$31,048
Jan 202207,36981.844.54$33,438
Dec 202107,37671.323.90$28,760
Nov 202106,87877.435.24$36,019
Oct 202107,07879.795.71$40,443
Sep 202106,83069.865.35$36,547
Aug 202106,68966.024.22$28,232
Jul 202107,19670.783.98$28,655
Jun 202106,60869.493.38$22,339
May 202107,37163.483.02$22,243
Apr 202107,20260.362.76$19,866
Mar 202107,22461.302.72$19,627
Feb 202106,19457.805.55$34,364
Jan 202107,58350.412.81$21,310
Dec 202007,71144.642.68$20,630
Nov 202007,24438.772.71$19,606
Oct 202007,70936.972.48$19,106
Sep 202007,40337.091.99$14,740
Aug 202007,87939.982.39$18,792
Jul 202008,07638.371.83$14,740
Jun 202008,25234.901.69$13,948
May 202008,10016.921.81$14,699
Apr 202007,45214.751.80$13,446
Mar 202008,00130.341.86$14,852
Feb 202007,58349.881.98$15,019
Jan 202008,19457.252.09$17,164
Dec 201908,07859.012.30$18,615
Nov 201907,92955.302.75$21,810
Oct 201908,40153.472.42$20,318
Sep 201938,05955.052.66$21,580
Aug 201908,79753.112.30$20,271
Jul 201909,08156.272.46$22,340
Jun 201908,45752.782.49$21,068
May 201908,59758.482.74$23,559
Apr 201908,26362.632.75$22,729
Mar 201918,37256.803.06$25,693
Feb 201907,50250.852.79$20,947
Jan 201908,64346.033.23$27,901
Dec 201808,69546.594.19$36,392
Nov 201808,53552.934.24$36,165
Oct 201808,66461.443.40$29,441
Sep 201808,50659.543.11$26,437
Aug 201808,46159.403.07$25,946
Jul 201808,43265.142.93$24,722
Jun 201818,56360.183.08$26,408
May 201808,64165.382.90$25,066
Apr 201808,53463.842.90$24,755
Mar 201808,71661.222.79$24,290
Feb 201807,90761.782.77$21,872
Jan 201808,76262.874.01$35,130
Dec 201708,72257.272.92$25,482
Nov 201708,65055.423.12$26,974
Oct 201718,95449.292.98$26,765
Sep 201708,65747.523.09$26,727
Aug 201708,91745.373.00$26,790
Jul 201708,88743.873.09$27,437
Jun 201708,54342.493.09$26,375
May 201708,94745.373.26$29,198
Apr 201708,65747.933.21$27,803
Mar 201709,04046.772.98$26,972
Feb 201708,48750.452.95$25,059
Jan 201709,57249.413.42$32,725
Dec 201609,57348.763.72$35,639
Nov 201609,51442.492.64$25,158
Oct 201609,75246.193.09$30,136
Sep 201609,46341.553.10$29,341
Aug 201609,75241.442.92$28,518
Jul 201609,95141.622.92$29,100
Jun 2016010,01745.352.69$26,904
May 2016010,25742.521.99$20,422
Apr 201609,68836.561.99$19,289
Mar 2016010,10633.011.79$18,130
Feb 201609,51526.472.06$19,635
Jan 2016010,52427.352.36$24,883
Dec 2015010,30332.362.00$20,621
Nov 201509,95138.792.17$21,567
Oct 2015010,16243.552.43$24,659
Sep 201509,95742.992.76$27,466
Aug 2015010,73640.162.87$30,839
Jul 2015010,85948.152.95$31,981
Jun 201509,60356.152.88$27,684
May 2015010,13355.212.96$29,948
Apr 2015010,31749.822.71$27,924
Mar 2015011,04742.892.93$32,420
Feb 201509,52644.662.98$28,351
Jan 2015010,88243.433.10$33,741
Dec 2014011,19554.693.59$40,205
Nov 2014010,82770.464.25$46,035
Oct 2014011,50778.303.90$44,888
Sep 2014010,82886.164.05$43,804
Aug 2014011,37689.394.04$45,904
Jul 2014010,79596.564.18$45,119
Jun 2014011,27498.164.74$53,404
May 2014011,63494.734.73$54,989
Apr 2014011,32195.944.81$54,444
Mar 2014011,91695.895.06$60,257
Feb 2014010,67497.406.19$66,093
Jan 2014011,77790.404.86$57,245
Dec 2013011,59291.824.35$50,477
Nov 2013010,65788.853.74$39,839
Oct 2013011,19497.423.78$42,306
Sep 2013011,978104.113.72$44,531
Aug 2013011,965104.253.52$42,148
Jul 2013012,712102.523.72$47,260
Jun 201305,74494.403.93$22,594
May 2013011,55394.834.15$47,934
Apr 2013011,28093.964.28$48,308
Mar 2013011,86493.623.91$46,422
Feb 2013010,77491.233.42$36,846
Jan 2013011,23891.603.42$38,433
Dec 2012011,73586.773.42$40,136
Nov 2012011,34386.953.62$41,118
Oct 2012012,05389.383.40$40,976
Sep 2012011,66994.672.92$34,055
Aug 2012012,12592.662.91$35,261
Jul 2012012,14585.133.02$36,688
Jun 2012011,92479.822.52$30,037
May 2012012,36991.612.49$30,778
Apr 2012011,791101.652.00$23,544
Mar 2012012,538105.052.22$27,860
Feb 2012011,801101.102.57$30,331
Jan 2012012,39698.092.73$33,892
Dec 2011012,30096.873.24$39,849
Nov 2011011,99595.723.31$39,719
Oct 2011012,35784.983.65$45,085
Sep 2011012,35283.623.99$49,233
Aug 2011013,06283.404.15$54,198
Jul 2011013,83794.144.52$62,505
Jun 2011011,59992.904.64$53,818
May 201109,29898.134.40$40,956
Apr 201109,785105.964.33$42,401
Mar 2011012,26896.364.06$49,775
Feb 2011012,94985.644.18$54,127
Jan 2011012,76186.504.59$58,557
Dec 2010013,89585.734.35$60,412
Nov 2010013,97080.843.80$53,021
Oct 2010014,89878.103.51$52,275
Sep 2010014,18472.633.98$56,445
Aug 2010015,14173.684.42$66,914
Jul 2010014,80872.554.74$70,138
Jun 2010015,05370.364.91$73,916
May 2010015,14771.124.24$64,151
Apr 2010014,77081.694.12$60,892
Mar 2010016,06378.394.39$70,495
Feb 2010014,87173.585.44$80,933
Jan 2010014,91774.365.96$88,966
Dec 2009016,14271.445.48$88,519
Nov 2009016,34374.593.75$61,311
Oct 2009016,77472.544.11$68,945
Sep 2009016,49665.543.06$50,556
Aug 2009017,56767.423.22$56,539
Jul 2009019,53361.133.46$67,672
Jun 2009013,77566.163.90$53,654
May 2009010,96754.743.93$43,054
Apr 2009010,98246.773.59$39,398
Mar 2009011,71542.144.06$47,551
Feb 2009012,62932.814.63$58,510
Jan 2009017,23435.865.37$92,564
Dec 2008014,07537.105.98$84,128
Nov 2008016,13655.496.86$110,699
Oct 2008019,15575.246.92$132,591
Sep 2008018,289101.767.88$144,064
Aug 2008019,687114.228.48$167,005
Jul 2008019,940131.0811.39$227,105
Jun 2008020,319131.3313.03$264,810
May 2008019,224123.1711.57$222,504
Apr 2008020,061110.3110.45$209,735
Mar 2008021,049101.909.66$203,419
Feb 2008020,18292.538.77$177,008
Jan 2008021,23690.388.21$174,257
Dec 2007021,96388.337.30$160,373
Nov 2007021,65491.677.29$157,894
Oct 2007022,84382.856.92$158,119
Sep 2007022,57875.846.24$140,981
Aug 2007023,38869.066.39$149,401
Jul 2007023,82370.906.39$152,180
Jun 2007023,50862.007.55$177,449
May 2007024,83458.747.85$194,855
Apr 2007024,56959.617.81$191,766
Mar 2007025,94556.927.30$189,450
Feb 2007023,94755.108.22$196,749
Jan 2007027,43750.306.73$184,565
Dec 2006028,35956.656.92$196,200
Nov 2006027,75354.207.62$211,408
Oct 2006029,75854.906.01$178,959
Sep 2006029,74560.085.04$149,832
Aug 2006031,75068.717.34$233,042
Jul 2006032,90669.376.34$208,715
Jun 2006033,41266.286.38$213,298
May 2006035,58066.016.42$228,602
Apr 2006036,90964.397.36$271,668
Mar 2006041,27056.707.08$292,312
Feb 2006042,45257.597.75$329,051
Jan 2006022,37060.598.93$199,838
Dec 2005018,91454.9413.42$253,739
Nov 2005016,08154.6910.59$170,272
Oct 2005021,52258.3413.80$296,912
Sep 2005024,10361.4512.08$291,140
Aug 2005031,47561.519.80$308,356
Jul 2005021,91155.697.84$171,862
Jun 2005017,32752.337.38$127,891
May 2005018,45945.226.65$122,774
Apr 2005017,70249.207.36$130,295
Mar 2005018,03450.377.15$129,031
Feb 2005019,14745.226.31$120,854
Jan 2005023,52343.166.32$148,717
Dec 2004018,17739.866.75$122,714
Nov 2004022,51045.286.33$142,498
Oct 2004020,06549.706.52$130,725
Sep 2004020,93743.245.28$110,629
Aug 2004024,37742.375.55$135,308
Jul 2004023,72438.286.08$144,341
Jun 2004022,09036.106.43$142,105
May 2004022,47537.486.49$145,966
Apr 2004021,91134.475.86$128,365
Mar 2004025,22734.365.53$139,509
Feb 2004026,59632.455.51$146,534
Jan 2004030,26932.036.30$190,684
Dec 2003030,32430.266.30$191,091
Nov 2003032,54328.804.60$149,540
Oct 2003026,21428.174.76$124,769
Sep 2003026,16726.314.75$124,277
Aug 2003022,32829.765.13$114,536
Jul 2003024,53229.415.17$126,851
Jun 2003030,78028.565.98$184,156
May 2003023,29226.595.97$139,116
Apr 2003031,08026.675.41$168,058
Mar 2003026,95831.146.10$164,337
Feb 2003032,26533.487.93$255,729
Jan 2003037,43630.315.58$208,969
Dec 2002032,82326.914.85$159,315
Nov 2002034,68824.664.14$143,503
Oct 2002038,97826.464.23$164,843
Sep 2002038,59427.443.64$140,297
Aug 2002039,10525.963.16$123,734
Jul 2002041,89124.583.06$128,260
Jun 2002042,47123.733.34$141,778
May 2002047,02024.663.58$168,520
Apr 2002045,17023.653.51$158,651
Mar 2002046,71722.003.10$144,950
Feb 2002044,75718.222.38$106,328
Jan 2002054,74817.172.38$130,064
Dec 2001057,75316.932.36$136,551
Nov 2001059,78718.072.41$143,819
Oct 2001065,40519.782.53$165,401
Sep 2001067,44324.262.25$151,836
Aug 2001073,22124.873.05$223,555
Jul 2001078,77023.933.20$251,834
Jun 2001079,22924.563.82$302,984
May 2001086,82425.524.31$373,979
Apr 2001088,24624.685.34$470,821
Mar 2001097,11624.545.38$522,138
Feb 2001095,95427.755.77$553,374
Jan 20010110,50427.478.40$928,097
Dec 20000128,48826.889.12$1,172,132
Nov 20000146,43032.215.66$828,501
Oct 20000162,02331.235.15$833,689
Sep 20000172,05331.875.19$892,353
Aug 20000125,73829.644.54$570,945

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                5,153 Mcf  × $  3.05 =    $15,695

────────────────────────────────────────────────────
Month total                                  $15,695

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/178526 is the state's own key, not one this site invented.