FROST TRUST 15

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 185559District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Sep 2001 – May 2026
Value, last 12 filed months
$21 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 Gas112002-05-15146558
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
CondensateDisposition5,912 bbl$286,897
GasProduction622,721 Mcf$3,013,849
Total$3,300,746

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 27.6965, -98.9744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69648, -98.97442 · 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
10,605 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 10,605 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-47937785110,605 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 20260555106.413.05$1,690
Apr 2026044198.932.87$1,266
Mar 2026753489.753.15$2,310
Feb 2026038163.503.75$1,429
Jan 2026849059.138.00$4,392
Dec 2025049356.664.41$2,176
Nov 2025043358.593.93$1,700
Oct 2025840159.383.30$1,800
Sep 2025030462.743.08$935
Aug 2025034063.933.01$1,025
Jul 2025029266.743.32$968
Jun 2025839866.483.13$1,777
May 2025039860.553.23$1,286
Apr 2025936862.363.54$1,865
Mar 2025039067.704.27$1,665
Feb 2025042570.884.34$1,845
Jan 2025029274.324.28$1,249
Dec 20241035568.993.12$1,798
Nov 2024030369.052.20$666
Oct 2024051571.372.28$1,175
Sep 2024060469.612.36$1,428
Aug 20241262675.632.06$2,199
Jul 2024768879.932.15$2,036
Jun 202414355878.082.63$12,635
May 2024068378.812.20$1,502
Apr 2024064484.451.66$1,069
Mar 20242279480.301.55$2,993
Feb 2024069776.091.78$1,243
Jan 2024074573.023.30$2,457
Dec 20231178571.262.61$2,833
Nov 2023072877.892.81$2,044
Oct 2023073085.443.09$2,254
Sep 2023082389.042.74$2,251
Aug 20232780180.522.67$4,315
Jul 2023080874.852.64$2,135
Jun 2023080368.962.26$1,814
May 20235684370.622.23$5,832
Apr 2023087178.122.24$1,949
Mar 20232384772.852.39$3,703
Feb 2023082175.112.47$2,024
Jan 2023091476.533.39$3,096
Dec 2022081576.415.73$4,669
Nov 20223388985.005.65$7,824
Oct 2022095987.185.86$5,623
Sep 202201,07084.888.16$8,735
Aug 2022087494.529.13$7,977
Jul 202237905101.587.54$10,584
Jun 20220820115.097.98$6,541
May 20220975109.378.43$8,222
Apr 20220967104.226.84$6,612
Mar 202228770108.885.08$6,957
Feb 2022077891.054.86$3,780
Jan 2022085081.844.54$3,857
Dec 20213490471.323.90$5,950
Nov 2021091177.435.24$4,771
Oct 202101,02379.795.71$5,845
Sep 20217396969.865.35$10,285
Aug 2021095066.024.22$4,010
Jul 2021094970.783.98$3,779
Jun 202101,12469.493.38$3,800
May 202121295463.483.02$16,337
Apr 2021097760.362.76$2,695
Mar 2021099161.302.72$2,692
Feb 2021089957.805.55$4,988
Jan 202101,04850.412.81$2,945
Dec 2020181,08344.642.68$3,701
Nov 202001,10738.772.71$2,996
Oct 2020597036.972.48$2,589
Sep 202001,03937.091.99$2,069
Aug 202001,08139.982.39$2,578
Jul 202001,11438.371.83$2,033
Jun 2020097034.901.69$1,640
May 202001,09916.921.81$1,994
Apr 202001,07314.751.80$1,936
Mar 2020071630.341.86$1,329
Feb 2020085449.881.98$1,691
Jan 2020096457.252.09$2,019
Dec 2019086259.012.30$1,986
Nov 2019075655.302.75$2,080
Oct 20192498253.472.42$3,658
Sep 2019090955.052.66$2,415
Aug 201901,02353.112.30$2,357
Jul 2019093156.272.46$2,290
Jun 2019042852.782.49$1,066
May 2019084458.482.74$2,313
Apr 2019094862.632.75$2,608
Mar 201901,00656.803.06$3,080
Feb 201901,12950.852.79$3,152
Jan 2019097546.033.23$3,147
Dec 201818091846.594.19$12,228
Nov 2018092252.934.24$3,907
Oct 201801,03161.443.40$3,503
Sep 2018089559.543.11$2,782
Aug 2018080359.403.07$2,462
Jul 2018083965.142.93$2,460
Jun 2018097760.183.08$3,006
May 201801,05765.382.90$3,066
Apr 201801,11263.842.90$3,226
Mar 201801,27361.222.79$3,548
Feb 2018045061.782.77$1,245
Jan 2018159862.874.01$2,460
Dec 2017072157.272.92$2,106
Nov 2017074555.423.12$2,323
Oct 201701,07649.292.98$3,210
Sep 201731,09647.523.09$3,526
Aug 201701,14945.373.00$3,452
Jul 201701,18643.873.09$3,662
Jun 2017121,12542.493.09$3,983
May 201701,20145.373.26$3,919
Apr 201701,10147.933.21$3,536
Mar 201701,17346.772.98$3,500
Feb 201701,06150.452.95$3,133
Jan 201701,09249.413.42$3,733
Dec 201601,07848.763.72$4,013
Nov 2016681,04542.492.64$5,653
Oct 201601,17746.193.09$3,637
Sep 201601,14841.553.10$3,560
Aug 201651,21141.442.92$3,749
Jul 201601,29541.622.92$3,787
Jun 201601,43945.352.69$3,865
May 201601,23642.521.99$2,461
Apr 2016281,23236.561.99$3,477
Mar 201601,25133.011.79$2,244
Feb 2016171,22026.472.06$2,968
Jan 2016271,17427.352.36$3,514
Dec 201501,25932.362.00$2,520
Nov 2015078738.792.17$1,706
Oct 20151081,41643.552.43$8,139
Sep 201501,48242.992.76$4,088
Aug 201501,21740.162.87$3,496
Jul 201501,38948.152.95$4,091
Jun 201501,22256.152.88$3,523
May 201501,31355.212.96$3,881
Apr 201501,42449.822.71$3,854
Mar 201501,35142.892.93$3,965
Feb 201501,33444.662.98$3,970
Jan 201501,34043.433.10$4,155
Dec 201401,34654.693.59$4,834
Nov 201401,43270.464.25$6,089
Oct 201401,56378.303.90$6,097
Sep 2014651,55586.164.05$11,891
Aug 201401,45289.394.04$5,859
Jul 201401,69296.564.18$7,072
Jun 201401,56298.164.74$7,399
May 201401,16994.734.73$5,525
Apr 201401,27595.944.81$6,132
Mar 201401,33095.895.06$6,726
Feb 201401,30397.406.19$8,068
Jan 201401,78290.404.86$8,662
Dec 20131551,10891.824.35$19,057
Nov 201301,17788.853.74$4,400
Oct 201301,15597.423.78$4,365
Sep 201301,342104.113.72$4,989
Aug 201301,250104.253.52$4,403
Jul 201301,158102.523.72$4,305
Jun 201301,40394.403.93$5,519
May 201301,42394.834.15$5,904
Apr 201301,40893.964.28$6,030
Mar 201301,31393.623.91$5,138
Feb 201301,15491.233.42$3,947
Jan 201301,10891.603.42$3,789
Dec 201201,59286.773.42$5,445
Nov 201201,67086.953.62$6,054
Oct 201201,59789.383.40$5,429
Sep 201201,03294.672.92$3,012
Aug 201201,20392.662.91$3,499
Jul 201201,46885.133.02$4,435
Jun 201201,51779.822.52$3,821
May 201201,42891.612.49$3,553
Apr 201201,493101.652.00$2,981
Mar 201201,587105.052.22$3,526
Feb 2012401,155101.102.57$7,013
Jan 201201,39998.092.73$3,825
Dec 201101,62396.873.24$5,258
Nov 201101,57795.723.31$5,222
Oct 201101,77184.983.65$6,462
Sep 201101,97983.623.99$7,888
Aug 2011079383.404.15$3,290
Jul 201101,81894.144.52$8,212
Jun 201101,82592.904.64$8,468
May 201101,94398.134.40$8,559
Apr 201101,865105.964.33$8,082
Mar 201101,72996.364.06$7,015
Feb 201101,61185.644.18$6,734
Jan 20111721,56586.504.59$22,059
Dec 201001,60485.734.35$6,974
Nov 201001,55680.843.80$5,906
Oct 201001,88678.103.51$6,618
Sep 201001,33172.633.98$5,297
Aug 201001,69473.684.42$7,486
Jul 201001,96472.554.74$9,302
Jun 201001,89570.364.91$9,305
May 201001,99171.124.24$8,432
Apr 201002,01181.694.12$8,291
Mar 201002,46878.394.39$10,831
Feb 201001,41173.585.44$7,679
Jan 201002,01374.365.96$12,006
Dec 200901,25471.445.48$6,877
Nov 200901,87374.593.75$7,027
Oct 200902,15072.544.11$8,837
Sep 200901,85565.543.06$5,685
Aug 200902,14467.423.22$6,900
Jul 20091512,13461.133.46$16,624
Jun 200902,10866.163.90$8,211
May 200902,16654.743.93$8,503
Apr 200902,18046.773.59$7,821
Mar 200902,39142.144.06$9,705
Feb 200902,01732.814.63$9,345
Jan 200902,48435.865.37$13,342
Dec 200803,23737.105.98$19,348
Nov 2008080855.496.86$5,543
Oct 200802,25075.246.92$15,574
Sep 200802,480101.767.88$19,535
Aug 200802,236114.228.48$18,968
Jul 200802,570131.0811.39$29,271
Jun 20081222,476131.3313.03$48,291
May 200802,726123.1711.57$31,552
Apr 200802,679110.3110.45$28,009
Mar 200802,484101.909.66$24,006
Feb 200802,35792.538.77$20,672
Jan 200802,71190.388.21$22,246
Dec 20071922,24988.337.30$33,381
Nov 200702,53591.677.29$18,484
Oct 200703,65082.856.92$25,265
Sep 200701,67975.846.24$10,484
Aug 200701,76369.066.39$11,262
Jul 200702,37070.906.39$15,139
Jun 200702,54862.007.55$19,233
May 200702,48158.747.85$19,467
Apr 200702,61459.617.81$20,403
Mar 200702,99656.927.30$21,877
Feb 20071832,91755.108.22$34,049
Jan 200703,09350.306.73$20,806
Dec 200602,59756.656.92$17,967
Nov 200602,85854.207.62$21,771
Oct 200603,16454.906.01$19,028
Sep 200602,70960.085.04$13,646
Aug 20061542,87568.717.34$31,684
Jul 200602,92869.376.34$18,572
Jun 200602,62466.286.38$16,751
May 200603,00866.016.42$19,326
Apr 200602,57064.397.36$18,916
Mar 20061312,76256.707.08$26,991
Feb 200602,28457.597.75$17,704
Jan 200602,71060.598.93$24,209
Dec 200502,79054.9413.42$37,429
Nov 200503,04854.6910.59$32,273
Oct 200503,45158.3413.80$47,609
Sep 20051903,58961.4512.08$55,027
Aug 200503,53761.519.80$34,651
Jul 200503,53855.697.84$27,751
Jun 200503,56152.337.38$26,284
May 200504,21545.226.65$28,035
Apr 200504,36749.207.36$32,143
Mar 20051734,33550.377.15$39,730
Feb 200504,23445.226.31$26,725
Jan 200504,54143.166.32$28,709
Dec 200404,63039.866.75$31,258
Nov 20041655,87045.286.33$44,631
Oct 200401,58949.706.52$10,352
Sep 200403,11043.245.28$16,433
Aug 20041901,76442.375.55$17,842
Jul 200403,06038.286.08$18,618
Jun 200402,24036.106.43$14,410
May 200403,03337.486.49$19,698
Apr 20041912,17734.475.86$19,338
Mar 200404,59334.365.53$25,400
Feb 200404,84832.455.51$26,711
Jan 200406,01932.036.30$37,918
Dec 20031903,83630.266.30$29,922
Nov 200304,56828.804.60$20,991
Oct 200307,54528.174.76$35,911
Sep 200304,76026.314.75$22,607
Aug 200305,16729.765.13$26,505
Jul 20031865,31329.415.17$32,943
Jun 200305,29228.565.98$31,662
May 200304,96126.595.97$29,630
Apr 200305,11526.675.41$27,658
Mar 20031945,01731.146.10$36,625
Feb 200305,97633.487.93$47,365
Jan 20031896,44830.315.58$41,722
Dec 200204,36026.914.85$21,162
Nov 200206,87524.664.14$28,442
Oct 20021715,91026.464.23$29,519
Sep 200206,28327.443.64$22,840
Aug 20021467,08025.963.16$26,192
Jul 200206,14524.583.06$18,815
Jun 20021387,60523.733.34$28,662
May 20021078,65624.663.58$33,662
Apr 20021459,12623.653.51$35,483
Mar 200207,54722.003.10$23,416
Feb 20021759,33818.222.38$25,373
Jan 200219211,69517.172.38$31,080
Dec 20011739,63316.932.36$25,705
Nov 20011897,93918.072.41$22,513
Oct 200117920,77719.782.53$56,083
Sep 200109,54124.262.25$21,480

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                  555 Mcf  × $  3.05 =     $1,690

────────────────────────────────────────────────────
Month total                                   $1,690

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/185559 is the state's own key, not one this site invented.