FROST TRUST 47

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 185491District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$735 k
Sep 2001 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
297
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 Gas112001-12-27145822
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
CondensateDisposition5,930 bbl$311,240
GasProduction85,702 Mcf$423,269
Total$734,509

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 27.6882, -98.9813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68823, -98.98133 · 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
11,150 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 11,150 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-47937704211,150 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 20260125106.413.05$381
Apr 2026011498.932.87$327
Mar 2026213089.753.15$589
Feb 202609363.503.75$349
Jan 2026213659.138.00$1,206
Dec 2025019056.664.41$839
Nov 2025012458.593.93$487
Oct 2025311559.383.30$558
Sep 202508962.743.08$274
Aug 202509563.933.01$286
Jul 202507566.743.32$249
Jun 2025416466.483.13$779
May 2025028060.553.23$905
Apr 2025313062.363.54$648
Mar 2025013167.704.27$559
Feb 2025010070.884.34$434
Jan 202506474.324.28$274
Dec 202438068.993.12$457
Nov 202409069.052.20$198
Oct 2024016971.372.28$386
Sep 2024011969.612.36$281
Aug 2024312575.632.06$485
Jul 20242718079.932.15$2,545
Jun 2024017978.082.63$471
May 2024010578.812.20$231
Apr 2024013284.451.66$219
Mar 20242213880.301.55$1,980
Feb 2024012076.091.78$214
Jan 2024017173.023.30$564
Dec 20231312971.262.61$1,263
Nov 202308577.892.81$239
Oct 202309085.443.09$278
Sep 202307789.042.74$211
Aug 2023518780.522.67$4,339
Jul 202309074.852.64$238
Jun 202318711368.962.26$13,151
May 2023238370.622.23$1,809
Apr 202308578.122.24$190
Mar 2023549072.852.39$4,149
Feb 202309275.112.47$227
Jan 202309576.533.39$322
Dec 202208976.415.73$510
Nov 2022619585.005.65$5,721
Oct 2022010987.185.86$639
Sep 2022011384.888.16$923
Aug 2022011694.529.13$1,059
Jul 202223134101.587.54$3,347
Jun 20220121115.097.98$965
May 20220125109.378.43$1,054
Apr 20220121104.226.84$827
Mar 202272120108.885.08$8,449
Feb 2022010991.054.86$530
Jan 2022012081.844.54$545
Dec 202112112271.323.90$9,105
Nov 2021011577.435.24$602
Oct 2021012779.795.71$726
Sep 202110913069.865.35$8,310
Aug 2021024266.024.22$1,021
Jul 2021027970.783.98$1,111
Jun 202112124569.493.38$9,237
May 2021018563.483.02$558
Apr 2021017660.362.76$485
Mar 202119316061.302.72$12,266
Feb 2021016857.805.55$932
Jan 2021016250.412.81$455
Dec 202010816644.642.68$5,265
Nov 2020016338.772.71$441
Oct 202016616436.972.48$6,543
Sep 2020017037.091.99$338
Aug 2020018739.982.39$446
Jul 2020018738.371.83$341
Jun 202018317334.901.69$6,679
May 2020016716.921.81$303
Apr 2020015114.751.80$272
Mar 202016919330.341.86$5,486
Feb 2020013649.881.98$269
Jan 2020015257.252.09$318
Dec 2019011259.012.30$258
Nov 2019011455.302.75$314
Oct 20196713153.472.42$3,899
Sep 2019021755.052.66$577
Aug 2019021553.112.30$495
Jul 201901956.272.46$47
Jun 20190352.782.49$7
May 201902758.482.74$74
Apr 20196030562.632.75$4,597
Mar 2019013256.803.06$404
Feb 2019025450.852.79$709
Jan 201919718346.033.23$9,659
Dec 2018729446.594.19$3,748
Nov 2018011252.934.24$475
Oct 2018010061.443.40$340
Sep 2018012559.543.11$389
Aug 201809559.403.07$291
Jul 201810310465.142.93$7,014
Jun 201809160.183.08$280
May 201809265.382.90$267
Apr 2018010763.842.90$310
Mar 201808661.222.79$240
Feb 2018011361.782.77$313
Jan 2018554762.874.01$3,646
Dec 2017012657.272.92$368
Nov 2017011055.423.12$343
Oct 2017019049.292.98$567
Sep 20178013047.523.09$4,203
Aug 2017012045.373.00$361
Jul 2017014043.873.09$432
Jun 20171515842.493.09$1,125
May 2017013645.373.26$444
Apr 2017014947.933.21$479
Mar 20171515746.772.98$1,170
Feb 2017448650.452.95$2,474
Jan 2017013449.413.42$458
Dec 2016012848.763.72$477
Nov 20167912642.492.64$3,690
Oct 2016016046.193.09$494
Sep 2016014041.553.10$434
Aug 20169510441.442.92$4,241
Jul 201602641.622.92$76
Jun 2016014745.352.69$395
May 2016010342.521.99$205
Apr 2016613736.561.99$492
Mar 2016014733.011.79$264
Feb 20161614226.472.06$717
Jan 20162713327.352.36$1,053
Dec 201512715432.362.00$4,418
Nov 2015014538.792.17$314
Oct 2015016443.552.43$398
Sep 2015015242.992.76$419
Aug 2015017140.162.87$491
Jul 2015016448.152.95$483
Jun 2015014456.152.88$415
May 2015016255.212.96$479
Apr 2015016249.822.71$438
Mar 2015014742.892.93$431
Feb 2015014644.662.98$435
Jan 2015017343.433.10$536
Dec 2014015654.693.59$560
Nov 2014020570.464.25$872
Oct 2014020878.303.90$811
Sep 20148216886.164.05$7,745
Aug 2014014989.394.04$601
Jul 2014017296.564.18$719
Jun 2014014998.164.74$706
May 2014016794.734.73$789
Apr 2014015195.944.81$726
Mar 2014013895.895.06$698
Feb 2014014397.406.19$885
Jan 2014021190.404.86$1,026
Dec 201317413991.824.35$16,582
Nov 2013017988.853.74$669
Oct 2013019297.423.78$726
Sep 20130185104.113.72$688
Aug 20130204104.253.52$719
Jul 20130211102.523.72$784
Jun 2013019194.403.93$751
May 2013020294.834.15$838
Apr 2013026593.964.28$1,135
Mar 2013033993.623.91$1,326
Feb 2013025591.233.42$872
Jan 2013031991.603.42$1,091
Dec 2012020386.773.42$694
Nov 2012036386.953.62$1,316
Oct 2012027889.383.40$945
Sep 2012031794.672.92$925
Aug 2012025792.662.91$747
Jul 2012025185.133.02$758
Jun 2012020679.822.52$519
May 2012019791.612.49$490
Apr 2012188198101.652.00$19,506
Mar 20120330105.052.22$733
Feb 20120247101.102.57$635
Jan 2012028298.092.73$771
Dec 2011028896.873.24$933
Nov 2011033095.723.31$1,093
Oct 2011024884.983.65$905
Sep 2011028983.623.99$1,152
Aug 2011034483.404.15$1,427
Jul 2011026394.144.52$1,188
Jun 2011027892.904.64$1,290
May 2011033298.134.40$1,462
Apr 20110215105.964.33$932
Mar 2011027396.364.06$1,108
Feb 2011040185.644.18$1,676
Jan 2011042186.504.59$1,932
Dec 2010011785.734.35$509
Nov 2010018080.843.80$683
Oct 201018716778.103.51$15,191
Sep 2010030972.633.98$1,230
Aug 2010016673.684.42$734
Jul 2010015172.554.74$715
Jun 2010014570.364.91$712
May 2010018671.124.24$788
Apr 2010014281.694.12$585
Mar 2010017078.394.39$746
Feb 2010017073.585.44$925
Jan 2010016674.365.96$990
Dec 2009016371.445.48$894
Nov 2009029774.593.75$1,114
Oct 2009027272.544.11$1,118
Sep 2009017265.543.06$527
Aug 2009048567.423.22$1,561
Jul 2009032261.133.46$1,116
Jun 2009024266.163.90$943
May 2009045254.743.93$1,774
Apr 2009033146.773.59$1,187
Mar 2009035742.144.06$1,449
Feb 2009039732.814.63$1,839
Jan 200915443035.865.37$7,832
Dec 2008046137.105.98$2,755
Nov 2008048655.496.86$3,334
Oct 2008074575.246.92$5,157
Sep 20080189101.767.88$1,489
Aug 20080400114.228.48$3,393
Jul 20080554131.0811.39$6,310
Jun 20080252131.3313.03$3,284
May 20080602123.1711.57$6,968
Apr 20080421110.3110.45$4,402
Mar 20080198101.909.66$1,913
Feb 2008024492.538.77$2,140
Jan 200818623490.388.21$18,731
Dec 2007039088.337.30$2,848
Nov 2007019591.677.29$1,422
Oct 2007032582.856.92$2,250
Sep 2007049675.846.24$3,097
Aug 2007042669.066.39$2,721
Jul 2007019270.906.39$1,226
Jun 2007032662.007.55$2,461
May 2007032658.747.85$2,558
Apr 20073533859.617.81$4,725
Mar 2007047756.927.30$3,483
Feb 2007031955.108.22$2,621
Jan 20075025850.306.73$4,251
Dec 2006024156.656.92$1,667
Nov 2006038454.207.62$2,925
Oct 2006040754.906.01$2,448
Sep 2006059560.085.04$2,997
Aug 200612864368.717.34$13,514
Jul 2006044969.376.34$2,848
Jun 2006025266.286.38$1,609
May 2006033166.016.42$2,127
Apr 2006035464.397.36$2,606
Mar 200612247756.707.08$10,296
Feb 2006058257.597.75$4,511
Jan 2006019460.598.93$1,733
Dec 200519575154.9413.42$20,788
Nov 2005017954.6910.59$1,895
Oct 2005038858.3413.80$5,353
Sep 2005032561.4512.08$3,926
Aug 2005089761.519.80$8,788
Jul 2005090055.697.84$7,059
Jun 2005073452.337.38$5,418
May 20051921,36545.226.65$17,761
Apr 2005093949.207.36$6,911
Mar 2005011750.377.15$837
Feb 2005064345.226.31$4,059
Jan 200501,02743.166.32$6,493
Dec 20041881,69739.866.75$18,950
Nov 2004058445.286.33$3,697
Oct 2004035849.706.52$2,332
Sep 2004031043.245.28$1,638
Aug 2004025642.375.55$1,421
Jul 2004046738.286.08$2,841
Jun 200418953036.106.43$10,232
May 2004065137.486.49$4,228
Apr 2004066334.475.86$3,884
Mar 2004070634.365.53$3,904
Feb 2004075532.455.51$4,160
Jan 2004071632.036.30$4,511
Dec 2003029630.266.30$1,865
Nov 2003037528.804.60$1,723
Oct 200319036128.174.76$7,071
Sep 2003037026.314.75$1,757
Aug 2003039829.765.13$2,042
Jul 2003041229.415.17$2,130
Jun 2003042428.565.98$2,537
May 2003041826.595.97$2,497
Apr 2003050226.675.41$2,714
Mar 2003043531.146.10$2,652
Feb 2003042633.487.93$3,376
Jan 200317649830.315.58$8,114
Dec 2002058526.914.85$2,839
Nov 2002053824.664.14$2,226
Oct 2002062226.464.23$2,631
Sep 2002048627.443.64$1,767
Aug 20027261625.963.16$3,818
Jul 2002063224.583.06$1,935
Jun 20026972423.733.34$4,054
May 2002084324.663.58$3,021
Apr 20026995123.653.51$4,972
Mar 200201,04522.003.10$3,242
Feb 200217466818.222.38$4,757
Jan 200201,68717.172.38$4,008
Dec 200119184016.932.36$5,220
Nov 2001064018.072.41$1,540
Oct 20011381,92919.782.53$7,608
Sep 200102,50024.262.25$5,628

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                  125 Mcf  × $  3.05 =       $381

────────────────────────────────────────────────────
Month total                                     $381

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/185491 is the state's own key, not one this site invented.