FROST NATIONAL BANK

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 186309District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Nov 2001 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
295
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 Gas112002-03-15146554
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
CondensateDisposition2,977 bbl$128,551
GasProduction1,288,084 Mcf$6,028,272
Total$6,156,823

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 27.4446, -99.1070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.44464, -99.10702 · 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
9,400 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 9,400 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-47937936809,400 ftNov 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 (295)

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

295 months

May 20260986106.413.05$3,003
Apr 2026096498.932.87$2,766
Mar 202641,05689.753.15$3,685
Feb 2026093763.503.75$3,514
Jan 2026091359.138.00$7,302
Dec 2025596356.664.41$4,533
Nov 202501,00658.593.93$3,950
Oct 2025095359.383.30$3,150
Sep 2025795162.743.08$3,365
Aug 202501,06563.933.01$3,211
Jul 202571,06766.743.32$4,005
Jun 202501,04366.483.13$3,263
May 202501,07960.553.23$3,488
Apr 2025696662.363.54$3,797
Mar 202501,02267.704.27$4,362
Feb 2025493570.884.34$4,342
Jan 202501,04874.324.28$4,484
Dec 202441,11368.993.12$3,750
Nov 202401,00369.052.20$2,205
Oct 2024799871.372.28$2,776
Sep 20240069.612.36$0
Aug 202481,01775.632.06$2,704
Jul 202401,00079.932.15$2,147
Jun 202401,00278.082.63$2,639
May 202401,02678.812.20$2,256
Apr 2024099384.451.66$1,648
Mar 202401,03980.301.55$1,605
Feb 202401,03276.091.78$1,841
Jan 202401,22573.023.30$4,040
Dec 202301,49671.262.61$3,906
Nov 202301,80177.892.81$5,056
Oct 202302,27085.443.09$7,008
Sep 202302,33489.042.74$6,384
Aug 202302,37280.522.67$6,340
Jul 202301,05374.852.64$2,782
Jun 202301,13568.962.26$2,563
May 202301,17870.622.23$2,624
Apr 202301,00078.122.24$2,238
Mar 202301,01372.852.39$2,424
Feb 2023093075.112.47$2,293
Jan 202301,22476.533.39$4,147
Dec 202251,30776.415.73$7,870
Nov 2022771,84485.005.65$16,957
Oct 20221101,25387.185.86$16,937
Sep 202201,24784.888.16$10,180
Aug 202201,45894.529.13$13,307
Jul 202201,562101.587.54$11,781
Jun 202201,205115.097.98$9,613
May 202201,450109.378.43$12,228
Apr 202201,311104.226.84$8,964
Mar 202201,277108.885.08$6,483
Feb 202201,17291.054.86$5,695
Jan 202201,36181.844.54$6,176
Dec 202111,31771.323.90$5,206
Nov 202101,28577.435.24$6,729
Oct 202101,36679.795.71$7,805
Sep 202111,36069.865.35$7,347
Aug 202101,40066.024.22$5,909
Jul 202131,46570.783.98$6,046
Jun 202101,32669.493.38$4,483
May 202101,44063.483.02$4,345
Apr 202101,35960.362.76$3,749
Mar 202101,42061.302.72$3,858
Feb 202101,14957.805.55$6,375
Jan 202101,32450.412.81$3,721
Dec 202001,42144.642.68$3,802
Nov 202001,39138.772.71$3,765
Oct 202001,38236.972.48$3,425
Sep 202001,33737.091.99$2,662
Aug 202021,34439.982.39$3,286
Jul 202001,45138.371.83$2,648
Jun 202001,41234.901.69$2,387
May 202001,35516.921.81$2,459
Apr 20201011,37814.751.80$3,976
Mar 202001,43430.341.86$2,662
Feb 202001,37549.881.98$2,723
Jan 202001,62257.252.09$3,398
Dec 201911,27659.012.30$2,999
Nov 201901,46955.302.75$4,041
Oct 201901,60853.472.42$3,889
Sep 201901,77055.052.66$4,703
Aug 201901,56753.112.30$3,611
Jul 201901,54856.272.46$3,808
Jun 201911,49052.782.49$3,765
May 201901,52158.482.74$4,168
Apr 201901,61262.632.75$4,434
Mar 201901,65756.803.06$5,074
Feb 201901,60150.852.79$4,470
Jan 201901,84246.033.23$5,946
Dec 201801,77946.594.19$7,446
Nov 201801,54652.934.24$6,551
Oct 201801,91661.443.40$6,511
Sep 201801,92859.543.11$5,992
Aug 201802,00259.403.07$6,139
Jul 201801,76865.142.93$5,184
Jun 201801,88460.183.08$5,797
May 201802,02565.382.90$5,874
Apr 201801,93863.842.90$5,622
Mar 201802,07861.222.79$5,791
Feb 201801,84861.782.77$5,112
Jan 201801,96362.874.01$7,870
Dec 201701,78857.272.92$5,224
Nov 201701,91955.423.12$5,984
Oct 201711,97449.292.98$5,939
Sep 201711,95347.523.09$6,077
Aug 2017672,06445.373.00$9,241
Jul 2017522,09543.873.09$8,749
Jun 2017352,06842.493.09$7,872
May 201702,22545.373.26$7,261
Apr 201702,13747.933.21$6,863
Mar 201702,20946.772.98$6,591
Feb 201702,05750.452.95$6,074
Jan 201702,21249.413.42$7,562
Dec 201602,14348.763.72$7,978
Nov 201602,15842.492.64$5,707
Oct 201602,30546.193.09$7,123
Sep 201602,27541.553.10$7,054
Aug 201602,55641.442.92$7,475
Jul 201602,70341.622.92$7,904
Jun 201603,18345.352.69$8,549
May 201605,19242.521.99$10,337
Apr 2016060536.561.99$1,205
Mar 201601,06533.011.79$1,911
Feb 201602,02026.472.06$4,169
Jan 2016672,38127.352.36$7,462
Dec 201502,99932.362.00$6,002
Nov 201501,59338.792.17$3,453
Oct 201501,69643.552.43$4,115
Sep 201501,38742.992.76$3,826
Aug 201501,83740.162.87$5,277
Jul 201501,50948.152.95$4,444
Jun 201501,83556.152.88$5,290
May 201502,00455.212.96$5,923
Apr 201501,86749.822.71$5,053
Mar 201501,73742.892.93$5,098
Feb 201501,73544.662.98$5,164
Jan 201501,94743.433.10$6,037
Dec 201401,95554.693.59$7,021
Nov 201402,10370.464.25$8,942
Oct 201402,30378.303.90$8,984
Sep 201402,28086.164.05$9,224
Aug 201402,02689.394.04$8,175
Jul 201402,84196.564.18$11,874
Jun 2014931,68998.164.74$17,129
May 201401,32094.734.73$6,239
Apr 201402,63195.944.81$12,653
Mar 201402,18895.895.06$11,064
Feb 201401,78897.406.19$11,071
Jan 201402,58590.404.86$12,565
Dec 201302,36491.824.35$10,294
Nov 201301,93288.853.74$7,222
Oct 201302,61497.423.78$9,879
Sep 201302,766104.113.72$10,283
Aug 201303,419104.253.52$12,044
Jul 201301,819102.523.72$6,763
Jun 201302,56094.403.93$10,070
May 201302,42194.834.15$10,045
Apr 201302,91093.964.28$12,462
Mar 201302,52793.623.91$9,888
Feb 2013098391.233.42$3,362
Jan 201302,39191.603.42$8,177
Dec 201202,86186.773.42$9,785
Nov 201201,66586.953.62$6,036
Oct 201202,20289.383.40$7,486
Sep 201202,33894.672.92$6,823
Aug 201202,40392.662.91$6,988
Jul 201202,32685.133.02$7,026
Jun 201201,62579.822.52$4,093
May 2012852,69991.612.49$14,503
Apr 201202,660101.652.00$5,311
Mar 201202,894105.052.22$6,431
Feb 201202,847101.102.57$7,317
Jan 201202,77098.092.73$7,573
Dec 201102,44496.873.24$7,918
Nov 201102,74195.723.31$9,076
Oct 201102,87884.983.65$10,501
Sep 201102,78983.623.99$11,116
Aug 201103,14283.404.15$13,037
Jul 201103,82294.144.52$17,265
Jun 201101,48292.904.64$6,876
May 201101,33798.134.40$5,889
Apr 201102,172105.964.33$9,412
Mar 201103,18496.364.06$12,919
Feb 201103,31885.644.18$13,869
Jan 201103,84186.504.59$17,626
Dec 201001,61085.734.35$7,000
Nov 2010752,46380.843.80$15,411
Oct 201003,44378.103.51$12,081
Sep 201003,15072.633.98$12,535
Aug 201003,37373.684.42$14,907
Jul 201003,41772.554.74$16,185
Jun 201003,23470.364.91$15,880
May 201003,37271.124.24$14,281
Apr 201003,27981.694.12$13,518
Mar 201003,37678.394.39$14,816
Feb 201003,07173.585.44$16,713
Jan 201003,46674.365.96$20,672
Dec 200903,47471.445.48$19,051
Nov 200903,46174.593.75$12,984
Oct 200903,64072.544.11$14,961
Sep 200903,61665.543.06$11,082
Aug 200903,83967.423.22$12,356
Jul 200903,89661.133.46$13,498
Jun 200904,04066.163.90$15,736
May 200904,52654.743.93$17,768
Apr 200902,87446.773.59$10,310
Mar 200903,84342.144.06$15,599
Feb 200903,57632.814.63$16,568
Jan 2009873,97835.865.37$24,486
Dec 200804,18937.105.98$25,038
Nov 200803,70455.496.86$25,411
Oct 200803,89475.246.92$26,954
Sep 200803,848101.767.88$30,311
Aug 200804,158114.228.48$35,272
Jul 200803,954131.0811.39$45,034
Jun 200803,794131.3313.03$49,446
May 200804,253123.1711.57$49,225
Apr 200803,872110.3110.45$40,481
Mar 200804,271101.909.66$41,275
Feb 20081433,99392.538.77$48,253
Jan 200804,28590.388.21$35,162
Dec 200704,50888.337.30$32,917
Nov 200705,03291.677.29$36,692
Oct 200703,82982.856.92$26,504
Sep 200704,01675.846.24$25,077
Aug 200704,33169.066.39$27,666
Jul 200704,78270.906.39$30,547
Jun 200704,19262.007.55$31,643
May 200704,66758.747.85$36,619
Apr 200704,19059.617.81$32,704
Mar 200704,57556.927.30$33,407
Feb 200703,87755.108.22$31,853
Jan 200705,28450.306.73$35,545
Dec 200605,61356.656.92$38,833
Nov 200604,79854.207.62$36,549
Oct 200604,90454.906.01$29,492
Sep 200605,42460.085.04$27,322
Aug 200605,69868.717.34$41,823
Jul 20061165,86569.376.34$45,247
Jun 200605,91366.286.38$37,748
May 200606,55366.016.42$42,103
Apr 200606,67264.397.36$49,109
Mar 200605,25856.707.08$37,242
Feb 200605,19157.597.75$40,236
Jan 200606,10860.598.93$54,565
Dec 200506,56154.9413.42$88,018
Nov 200505,04454.6910.59$53,408
Oct 20051676,82158.3413.80$103,844
Sep 200503,69161.4512.08$44,584
Aug 200505,03461.519.80$49,317
Jul 200506,47555.697.84$50,788
Jun 200506,65352.337.38$49,106
May 200505,49045.226.65$36,515
Apr 200506,24749.207.36$45,981
Mar 200507,04250.377.15$50,385
Feb 200506,04345.226.31$38,143
Jan 2005457,67143.166.32$50,440
Dec 200407,34439.866.75$49,580
Nov 200407,78545.286.33$49,282
Oct 200405,40549.706.52$35,214
Sep 200407,63543.245.28$40,343
Aug 200408,00442.375.55$44,427
Jul 20041068,48538.286.08$55,682
Jun 200408,13536.106.43$52,333
May 200409,18837.486.49$59,672
Apr 200408,97834.475.86$52,597
Mar 200408,85134.365.53$48,947
Feb 200408,37932.455.51$46,165
Jan 20041849,91232.036.30$68,336
Dec 2003011,34230.266.30$71,473
Nov 2003011,56628.804.60$53,148
Oct 2003012,03728.174.76$57,292
Sep 2003011,44826.314.75$54,371
Aug 2003013,63429.765.13$69,939
Jul 2003011,72329.415.17$60,618
Jun 200307,77328.565.98$46,506
May 200319115,09826.595.97$95,254
Apr 2003010,71326.675.41$57,928
Mar 2003015,20031.146.10$92,660
Feb 2003015,13733.487.93$119,974
Jan 20031016,88630.315.58$94,561
Dec 200219425,08126.914.85$126,958
Nov 2002012,48724.664.14$51,658
Oct 2002016,56226.464.23$70,043
Sep 2002013,44127.443.64$48,861
Aug 2002014,44525.963.16$45,706
Jul 200217415,95124.583.06$53,115
Jun 2002018,84323.733.34$62,902
May 2002018,99324.663.58$68,071
Apr 200217721,36323.653.51$79,220
Mar 2002024,68222.003.10$76,581
Feb 200218126,41918.222.38$66,061
Jan 2002040,86917.172.38$97,092
Dec 200137273,28016.932.36$179,561
Nov 2001061,03418.072.41$146,819

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                  986 Mcf  × $  3.05 =     $3,003

────────────────────────────────────────────────────
Month total                                   $3,003

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/186309 is the state's own key, not one this site invented.