MineralRecord
Log inSign up

FROST TRUST 7

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 185470District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Sep 2001 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
297
no gaps in the span
Streams
2
condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) field

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 Gas112001-12-27145823
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
CondensateDisposition3,503 bbl$153,809
GasProduction1,283,516 Mcf$5,917,803
Total$6,071,612

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 27.6266, -98.9579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62660, -98.95786 · 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
11,250 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 11,250 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-47937866111,250 ftSep 2001——

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 (297)

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

297 months

May 202601,391106.413.05$4,237
Apr 202601,30198.932.87$3,734
Mar 202601,39689.753.15$4,397
Feb 202601,23663.503.75$4,635
Jan 202601,36159.138.00$10,885
Dec 202501,23656.664.41$5,455
Nov 202501,23858.593.93$4,861
Oct 202501,28559.383.30$4,247
Sep 202501,24162.743.08$3,818
Aug 202501,14563.933.01$3,452
Jul 202501,38266.743.32$4,582
Jun 202501,38166.483.13$4,321
May 202501,45660.553.23$4,706
Apr 202501,34562.363.54$4,766
Mar 202501,45767.704.27$6,219
Feb 202501,38570.884.34$6,012
Jan 202501,55274.324.28$6,641
Dec 202401,72768.993.12$5,391
Nov 202401,65369.052.20$3,634
Oct 202401,66971.372.28$3,808
Sep 202401,51169.612.36$3,573
Aug 202401,57375.632.06$3,246
Jul 202401,60779.932.15$3,450
Jun 20241361,57178.082.63$14,757
May 202401,59178.812.20$3,498
Apr 202401,43384.451.66$2,378
Mar 202401,56280.301.55$2,413
Feb 202401,45376.091.78$2,592
Jan 202401,55673.023.30$5,131
Dec 202301,56671.262.61$4,088
Nov 202301,53177.892.81$4,298
Oct 202301,65785.443.09$5,116
Sep 202301,49589.042.74$4,089
Aug 202301,54880.522.67$4,138
Jul 202301,60674.852.64$4,243
Jun 202301,55168.962.26$3,503
May 202301,61070.622.23$3,586
Apr 202301,59678.122.24$3,571
Mar 202301,65772.852.39$3,965
Feb 202301,56275.112.47$3,851
Jan 202301,79976.533.39$6,095
Dec 202201,76976.415.73$10,135
Nov 202201,73485.005.65$9,791
Oct 202201,82687.185.86$10,707
Sep 202201,71384.888.16$13,984
Aug 202202,11894.529.13$19,331
Jul 202201,730101.587.54$13,048
Jun 202202,091115.097.98$16,680
May 20221142,764109.378.43$35,777
Apr 202202,081104.226.84$14,229
Mar 202202,192108.885.08$11,127
Feb 202202,05491.054.86$9,980
Jan 202202,34781.844.54$10,650
Dec 202101,96371.323.90$7,654
Nov 202102,24077.435.24$11,731
Oct 202102,27379.795.71$12,988
Sep 202102,31669.865.35$12,393
Aug 202102,32266.024.22$9,800
Jul 202102,42970.783.98$9,672
Jun 202102,30769.493.38$7,799
May 202102,40563.483.02$7,258
Apr 202102,36660.362.76$6,526
Mar 202102,48061.302.72$6,738
Feb 202101,98657.805.55$11,018
Jan 202102,05250.412.81$5,767
Dec 202001,75744.642.68$4,701
Nov 202001,65738.772.71$4,485
Oct 202001,72336.972.48$4,270
Sep 202001,67137.091.99$3,327
Aug 202001,65539.982.39$3,947
Jul 202001,63138.371.83$2,977
Jun 202001,56834.901.69$2,650
May 202001,75316.921.81$3,181
Apr 202001,80314.751.80$3,253
Mar 202001,77030.341.86$3,286
Feb 202001,96049.881.98$3,882
Jan 202001,73257.252.09$3,628
Dec 201902,00859.012.30$4,627
Nov 201901,94555.302.75$5,350
Oct 201901,85053.472.42$4,474
Sep 201901,86655.052.66$4,958
Aug 201902,29553.112.30$5,289
Jul 201902,42856.272.46$5,973
Jun 201902,38952.782.49$5,951
May 201902,43658.482.74$6,675
Apr 201902,45462.632.75$6,750
Mar 201902,39156.803.06$7,321
Feb 201902,27150.852.79$6,341
Jan 201902,64546.033.23$8,539
Dec 201802,38346.594.19$9,974
Nov 201802,13952.934.24$9,063
Oct 201802,79561.443.40$9,498
Sep 201802,45859.543.11$7,639
Aug 201802,47659.403.07$7,593
Jul 201802,32765.142.93$6,822
Jun 201802,31360.183.08$7,117
May 201802,63065.382.90$7,629
Apr 201802,51363.842.90$7,290
Mar 201802,59861.222.79$7,240
Feb 201802,52861.782.77$6,993
Jan 201802,97662.874.01$11,932
Dec 201702,71657.272.92$7,935
Nov 201702,47755.423.12$7,724
Oct 201702,65649.292.98$7,925
Sep 201702,51047.523.09$7,749
Aug 201702,67845.373.00$8,046
Jul 201702,51043.873.09$7,749
Jun 201702,41842.493.09$7,465
May 201702,52945.373.26$8,253
Apr 201702,35147.933.21$7,550
Mar 201702,46346.772.98$7,349
Feb 201702,38750.452.95$7,048
Jan 201702,62349.413.42$8,968
Dec 201602,52548.763.72$9,400
Nov 201602,44142.492.64$6,455
Oct 201602,57046.193.09$7,942
Sep 201602,56741.553.10$7,959
Aug 201602,19241.442.92$6,410
Jul 201602,52141.622.92$7,372
Jun 201602,67145.352.69$7,174
May 201602,90742.521.99$5,788
Apr 20161142,67336.561.99$9,490
Mar 201602,65733.011.79$4,767
Feb 201602,09626.472.06$4,325
Jan 201602,38027.352.36$5,627
Dec 201502,74132.362.00$5,486
Nov 201502,63838.792.17$5,717
Oct 201502,55243.552.43$6,193
Sep 201502,51442.992.76$6,935
Aug 201502,79640.162.87$8,031
Jul 201503,15448.152.95$9,289
Jun 201502,48956.152.88$7,175
May 201502,70155.212.96$7,983
Apr 201502,64949.822.71$7,170
Mar 201502,76142.892.93$8,103
Feb 201502,57344.662.98$7,658
Jan 201502,81243.433.10$8,719
Dec 201402,85654.693.59$10,257
Nov 201402,69470.464.25$11,454
Oct 201403,28578.303.90$12,815
Sep 201403,80886.164.05$15,405
Aug 201403,00589.394.04$12,126
Jul 201402,65796.564.18$11,105
Jun 201403,19498.164.74$15,130
May 201403,19094.734.73$15,078
Apr 201402,72595.944.81$13,105
Mar 201402,43995.895.06$12,334
Feb 201402,60097.406.19$16,099
Jan 201403,21490.404.86$15,622
Dec 20131173,54491.824.35$26,175
Nov 201302,99488.853.74$11,192
Oct 201303,40997.423.78$12,884
Sep 201303,297104.113.72$12,257
Aug 201303,093104.253.52$10,895
Jul 201303,263102.523.72$12,131
Jun 201303,20094.403.93$12,587
May 201303,37694.834.15$14,007
Apr 201302,98893.964.28$12,796
Mar 201302,80793.623.91$10,983
Feb 201302,83391.233.42$9,689
Jan 201303,32291.603.42$11,361
Dec 201203,24486.773.42$11,095
Nov 201203,15986.953.62$11,451
Oct 201203,31689.383.40$11,273
Sep 201203,54394.672.92$10,340
Aug 201204,40092.662.91$12,796
Jul 201202,38285.133.02$7,196
Jun 201203,63879.822.52$9,164
May 20121943,89891.612.49$27,472
Apr 201204,092101.652.00$8,171
Mar 201203,680105.052.22$8,177
Feb 201203,102101.102.57$7,973
Jan 201203,71498.092.73$10,154
Dec 201103,97996.873.24$12,891
Nov 201103,73795.723.31$12,374
Oct 201104,18184.983.65$15,255
Sep 201103,94783.623.99$15,732
Aug 201104,31983.404.15$17,921
Jul 201103,84694.144.52$17,373
Jun 201104,12692.904.64$19,144
May 201104,55998.134.40$20,082
Apr 201104,513105.964.33$19,556
Mar 201104,78996.364.06$19,431
Feb 201104,80385.644.18$20,076
Jan 201105,24186.504.59$24,050
Dec 201004,02685.734.35$17,504
Nov 201004,31780.843.80$16,384
Oct 201005,33878.103.51$18,730
Sep 201003,33072.633.98$13,252
Aug 201002,08173.684.42$9,197
Jul 201003,04372.554.74$14,413
Jun 201003,33270.364.91$16,361
May 201004,08371.124.24$17,292
Apr 201004,01881.694.12$16,565
Mar 201004,23778.394.39$18,595
Feb 201004,11073.585.44$22,368
Jan 201005,02074.365.96$29,940
Dec 200903,25671.445.48$17,855
Nov 200903,46074.593.75$12,980
Oct 200903,43672.544.11$14,123
Sep 200904,31465.543.06$13,221
Aug 200904,56267.423.22$14,683
Jul 200904,52761.133.46$15,684
Jun 200904,72666.163.90$18,408
May 200905,13354.743.93$20,151
Apr 200905,24246.773.59$18,806
Mar 200906,10442.144.06$24,776
Feb 200902,71632.814.63$12,583
Jan 200904,03435.865.37$21,667
Dec 200805,10837.105.98$30,531
Nov 200805,18755.496.86$35,585
Oct 200805,72975.246.92$39,656
Sep 200805,855101.767.88$46,120
Aug 200804,957114.228.48$42,050
Jul 200800131.0811.39$0
Jun 200801,020131.3313.03$13,293
May 200804,719123.1711.57$54,619
Apr 200804,527110.3110.45$47,329
Mar 200805,430101.909.66$52,476
Feb 20081794,91992.538.77$59,705
Jan 200805,26090.388.21$43,162
Dec 200704,57488.337.30$33,399
Nov 200705,68991.677.29$41,482
Oct 200705,83282.856.92$40,369
Sep 200706,17375.846.24$38,545
Aug 200704,64769.066.39$29,685
Jul 200705,14770.906.39$32,879
Jun 200704,15062.007.55$31,326
May 200705,61158.747.85$44,025
Apr 200704,61659.617.81$36,029
Mar 200706,10556.927.30$44,579
Feb 20071515,92155.108.22$56,967
Jan 200706,54150.306.73$44,000
Dec 200604,49956.656.92$31,126
Nov 200607,04954.207.62$53,696
Oct 200607,38654.906.01$44,418
Sep 2006084060.085.04$4,231
Aug 20060068.717.34$0
Jul 200604269.376.34$266
Jun 2006039266.286.38$2,502
May 200608,30066.016.42$53,328
Apr 200607,29364.397.36$53,680
Mar 20061422,55256.707.08$26,127
Feb 20060057.597.75$0
Jan 200603,03460.598.93$27,104
Dec 200503,47954.9413.42$46,672
Nov 200503,74954.6910.59$39,696
Oct 200504,85858.3413.80$67,020
Sep 200506,78061.4512.08$81,896
Aug 200506,67561.519.80$65,394
Jul 200505,51455.697.84$43,250
Jun 200508,58052.337.38$63,329
May 200503,35845.226.65$22,335
Apr 200506,51749.207.36$47,968
Mar 200506,99050.377.15$50,013
Feb 200505,81445.226.31$36,698
Jan 20051787,17243.166.32$53,025
Dec 200407,13939.866.75$48,196
Nov 200406,27745.286.33$39,736
Oct 200407,55049.706.52$49,189
Sep 200406,84543.245.28$36,168
Aug 200407,59342.375.55$42,146
Jul 200406,36038.286.08$38,695
Jun 200406,38736.106.43$41,088
May 200408,02937.486.49$52,145
Apr 20041888,34334.475.86$55,357
Mar 2004388,70334.365.53$49,434
Feb 200408,20732.455.51$45,217
Jan 200408,92432.036.30$56,218
Dec 2003249,12530.266.30$58,229
Nov 200309,43128.804.60$43,337
Oct 200309,42928.174.76$44,879
Sep 2003010,01726.314.75$47,574
Aug 200329510,31529.765.13$61,692
Jul 2003010,81729.415.17$55,933
Jun 2003010,79528.565.98$64,586
May 2003012,57826.595.97$75,124
Apr 20034213,23826.675.41$72,702
Mar 200317411,03531.146.10$72,688
Feb 2003379,77333.487.93$78,698
Jan 200326813,49230.315.58$83,436
Dec 2002012,04326.914.85$58,454
Nov 2002011,17524.664.14$46,231
Oct 20024913,21226.464.23$57,172
Sep 200212513,17427.443.64$51,320
Aug 20025714,05625.963.16$45,955
Jul 2002014,89924.583.06$45,617
Jun 200216714,92423.733.34$53,783
May 20021917,23924.663.58$62,253
Apr 20022069,20923.653.51$37,217
Mar 20022814,58922.003.10$45,882
Feb 2002610,31218.222.38$24,607
Jan 200219118,86917.172.38$48,106
Dec 20014820,13016.932.36$48,408
Nov 200121623,89118.072.41$61,373
Oct 2001033,90219.782.53$85,734
Sep 2001043,33224.262.25$97,554

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                1,391 Mcf  × $  3.05 =     $4,237

────────────────────────────────────────────────────
Month total                                   $4,237

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/185470 is the state's own key, not one this site invented.