KAISER STATE 2

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 186723District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Oct 2001 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
296
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 Gas112002-05-06146927
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
CondensateDisposition9,720 bbl$437,764
GasProduction591,753 Mcf$2,768,331
Total$3,206,094

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 27.6932, -98.9571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69321, -98.95711 · 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
10,250 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 10,250 ft.

Completions filed
Oct 2001
1 of 1 wells

1 well

42-47937933110,250 ftOct 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 (296)

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

296 months

May 20260195106.413.05$594
Apr 202601,38998.932.87$3,986
Mar 2026101,11189.753.15$4,397
Feb 20260063.503.75$0
Jan 202614559.138.00$419
Dec 20250056.664.41$0
Nov 2025013058.593.93$510
Oct 2025523459.383.30$1,070
Sep 20250062.743.08$0
Aug 2025011163.933.01$335
Jul 2025026066.743.32$862
Jun 20251055066.483.13$2,386
May 2025055660.553.23$1,797
Apr 2025727262.363.54$1,400
Mar 2025040267.704.27$1,716
Feb 2025036470.884.34$1,580
Jan 2025013774.324.28$586
Dec 2024622368.993.12$1,110
Nov 2024020669.052.20$453
Oct 2024042371.372.28$965
Sep 2024026269.612.36$619
Aug 2024526675.632.06$927
Jul 20247129879.932.15$6,315
Jun 2024046378.082.63$1,220
May 2024027878.812.20$611
Apr 2024050484.451.66$836
Mar 20245050180.301.55$4,789
Feb 2024052176.091.78$929
Jan 2024070573.023.30$2,325
Dec 20231152971.262.61$2,165
Nov 2023040477.892.81$1,134
Oct 202301,23185.443.09$3,800
Sep 2023034489.042.74$941
Aug 20232646580.522.67$3,336
Jul 2023074574.852.64$1,968
Jun 202318074668.962.26$14,098
May 2023441,09270.622.23$5,540
Apr 202301,01378.122.24$2,267
Mar 20234339372.852.39$4,073
Feb 202301,00375.112.47$2,473
Jan 2023056376.533.39$1,907
Dec 2022071476.415.73$4,091
Nov 20222261685.005.65$5,348
Oct 2022093687.185.86$5,488
Sep 202201,45484.888.16$11,870
Aug 2022051594.529.13$4,700
Jul 202211688101.587.54$6,306
Jun 202201,481115.097.98$11,814
May 20220531109.378.43$4,478
Apr 20220587104.226.84$4,014
Mar 202223545108.885.08$5,271
Feb 2022042491.054.86$2,060
Jan 2022056681.844.54$2,568
Dec 2021111,00671.323.90$4,707
Nov 2021057677.435.24$3,016
Oct 2021072679.795.71$4,148
Sep 2021788469.865.35$5,219
Aug 2021083466.024.22$3,520
Jul 2021087770.783.98$3,492
Jun 20214468469.493.38$5,370
May 202115282763.483.02$12,145
Apr 2021038760.362.76$1,068
Mar 2021071661.302.72$1,945
Feb 2021058257.805.55$3,229
Jan 2021066150.412.81$1,858
Dec 20201766444.642.68$2,535
Nov 202001,05238.772.71$2,847
Oct 2020543936.972.48$1,273
Sep 2020067437.091.99$1,342
Aug 2020085339.982.39$2,034
Jul 2020096938.371.83$1,769
Jun 2020154134.901.69$949
May 2020079116.921.81$1,435
Apr 2020078814.751.80$1,422
Mar 2020267630.341.86$1,315
Feb 2020060149.881.98$1,190
Jan 2020073957.252.09$1,548
Dec 2019066459.012.30$1,530
Nov 201918954255.302.75$11,943
Oct 2019465553.472.42$1,798
Sep 2019079355.052.66$2,107
Aug 2019079853.112.30$1,839
Jul 2019083756.272.46$2,059
Jun 2019059052.782.49$1,470
May 2019076058.482.74$2,083
Apr 20194266862.632.75$4,468
Mar 2019078356.803.06$2,398
Feb 2019059350.852.79$1,656
Jan 2019082246.033.23$2,654
Dec 2018071946.594.19$3,009
Nov 2018066552.934.24$2,818
Oct 2018078961.443.40$2,681
Sep 2018068459.543.11$2,126
Aug 2018082859.403.07$2,539
Jul 2018088865.142.93$2,604
Jun 201801,07260.183.08$3,298
May 2018080165.382.90$2,324
Apr 2018095863.842.90$2,779
Mar 201819763761.222.79$13,836
Feb 2018065561.782.77$1,812
Jan 2018062662.874.01$2,510
Dec 2017078857.272.92$2,302
Nov 2017078355.423.12$2,442
Oct 201701,14649.292.98$3,419
Sep 2017477747.523.09$2,589
Aug 2017069345.373.00$2,082
Jul 201701,05343.873.09$3,251
Jun 2017121,03342.493.09$3,699
May 201701,26445.373.26$4,125
Apr 2017098347.933.21$3,157
Mar 20176591546.772.98$5,770
Feb 2017092150.452.95$2,719
Jan 2017092849.413.42$3,173
Dec 2016082048.763.72$3,053
Nov 2016970342.492.64$2,241
Oct 2016071746.193.09$2,216
Sep 2016081441.553.10$2,524
Aug 2016485241.442.92$2,657
Jul 2016084241.622.92$2,462
Jun 2016082545.352.69$2,216
May 2016085642.521.99$1,704
Apr 20162087436.561.99$2,471
Mar 2016096333.011.79$1,728
Feb 201611687026.472.06$4,866
Jan 20167577827.352.36$3,891
Dec 2015087332.362.00$1,747
Nov 2015091338.792.17$1,979
Oct 2015871,01143.552.43$6,242
Sep 2015088442.992.76$2,438
Aug 2015085940.162.87$2,467
Jul 2015096448.152.95$2,839
Jun 2015086656.152.88$2,497
May 2015096355.212.96$2,846
Apr 2015094249.822.71$2,550
Mar 2015831,01142.892.93$6,527
Feb 2015088944.662.98$2,646
Jan 2015090943.433.10$2,818
Dec 2014097154.693.59$3,487
Nov 201401,25370.464.25$5,328
Oct 2014094678.303.90$3,690
Sep 2014065486.164.05$2,646
Aug 2014089289.394.04$3,599
Jul 201401,04996.564.18$4,384
Jun 2014096398.164.74$4,562
May 20146759794.734.73$9,169
Apr 2014084395.944.81$4,054
Mar 2014098295.895.06$4,966
Feb 2014091797.406.19$5,678
Jan 2014048290.404.86$2,343
Dec 20137071891.824.35$9,554
Nov 201301,19588.853.74$4,467
Oct 201301,27497.423.78$4,815
Sep 201301,527104.113.72$5,677
Aug 201301,779104.253.52$6,267
Jul 201301,254102.523.72$4,662
Jun 20131941,94094.403.93$25,944
May 201302,21994.834.15$9,207
Apr 201301,37993.964.28$5,906
Mar 201301,35393.623.91$5,294
Feb 201301,17091.233.42$4,001
Jan 2013077491.603.42$2,647
Dec 201201,73486.773.42$5,931
Nov 201201,21086.953.62$4,386
Oct 201201,29089.383.40$4,386
Sep 201201,20494.672.92$3,514
Aug 201201,29792.662.91$3,772
Jul 201201,51485.133.02$4,573
Jun 201201,54079.822.52$3,879
May 2012065791.612.49$1,635
Apr 20121941,523101.652.00$22,761
Mar 201201,032105.052.22$2,293
Feb 20120988101.102.57$2,539
Jan 201201,37798.092.73$3,765
Dec 201101,61096.873.24$5,216
Nov 201101,83295.723.31$6,066
Oct 201102,64484.983.65$9,647
Sep 2011070183.623.99$2,794
Aug 2011026983.404.15$1,116
Jul 2011059194.144.52$2,670
Jun 201118699592.904.64$21,896
May 201101,06298.134.40$4,678
Apr 201101,073105.964.33$4,650
Mar 201101,14396.364.06$4,638
Feb 201101,19485.644.18$4,991
Jan 201101,43786.504.59$6,594
Dec 2010092085.734.35$4,000
Nov 201001,02580.843.80$3,890
Oct 20101901,00378.103.51$18,358
Sep 201001,31172.633.98$5,217
Aug 201001,20973.684.42$5,343
Jul 2010057172.554.74$2,705
Jun 201001,99170.364.91$9,777
May 2010060571.124.24$2,562
Apr 201001,61881.694.12$6,671
Mar 201001,17178.394.39$5,139
Feb 201001,07773.585.44$5,861
Jan 201001,80174.365.96$10,741
Dec 200901,40571.445.48$7,705
Nov 200901,48074.593.75$5,552
Oct 2009077072.544.11$3,165
Sep 200901,92665.543.06$5,903
Aug 200901,67867.423.22$5,401
Jul 20091481,58161.133.46$14,525
Jun 200901,37266.163.90$5,344
May 200901,52454.743.93$5,983
Apr 200901,48146.773.59$5,313
Mar 200901,70842.144.06$6,933
Feb 200901,67732.814.63$7,770
Jan 200902,03535.865.37$10,930
Dec 2008095037.105.98$5,678
Nov 200801,45155.496.86$9,954
Oct 20081681,07075.246.92$20,047
Sep 200801,927101.767.88$15,179
Aug 200802,268114.228.48$19,239
Jul 200802,763131.0811.39$31,469
Jun 2008642,886131.3313.03$46,017
May 200803,188123.1711.57$36,899
Apr 200802,572110.3110.45$26,890
Mar 200801,902101.909.66$18,381
Feb 200802,44292.538.77$21,418
Jan 20081851,94990.388.21$32,713
Dec 200702,36788.337.30$17,284
Nov 200701,16291.677.29$8,473
Oct 200704,42982.856.92$30,657
Sep 200702,55075.846.24$15,923
Aug 200701,46969.066.39$9,384
Jul 20071954,22770.906.39$40,827
Jun 200701,36762.007.55$10,319
May 2007061158.747.85$4,794
Apr 200704,28759.617.81$33,461
Mar 2007091356.927.30$6,667
Feb 20071934,12555.108.22$44,525
Jan 200702,96450.306.73$19,938
Dec 200602,15456.656.92$14,902
Nov 200601,82654.207.62$13,910
Oct 200601,43254.906.01$8,612
Sep 200603,03960.085.04$15,308
Aug 20061583,07868.717.34$33,448
Jul 200601,83469.376.34$11,633
Jun 200601,54366.286.38$9,850
May 200601,93766.016.42$12,445
Apr 200602,36264.397.36$17,385
Mar 20061121,89956.707.08$19,801
Feb 200603,30257.597.75$25,594
Jan 20061503,04160.598.93$36,255
Dec 200502,29454.9413.42$30,775
Nov 200502,39654.6910.59$25,370
Oct 200501,51558.3413.80$20,901
Sep 200503,03761.4512.08$36,684
Aug 20051633,52061.519.80$44,511
Jul 200503,71355.697.84$29,123
Jun 200503,68452.337.38$27,192
May 20051822,29645.226.65$23,501
Apr 200503,42549.207.36$25,210
Mar 200506,76650.377.15$48,410
Feb 200501,21745.226.31$7,682
Jan 20051904,92943.166.32$39,363
Dec 20041907,25039.866.75$56,519
Nov 200419213,63745.286.33$95,022
Oct 200401,91549.706.52$12,476
Sep 20041894,07143.245.28$29,683
Aug 200403,25642.375.55$18,073
Jul 200402,46938.286.08$15,022
Jun 200402,93636.106.43$18,887
May 200402,10737.486.49$13,684
Apr 20041782,23734.475.86$19,241
Mar 200402,60634.365.53$14,412
Feb 200403,67732.455.51$20,259
Jan 200404,53332.036.30$28,556
Dec 20031762,30830.266.30$19,870
Nov 200302,58028.804.60$11,856
Oct 20032054,05128.174.76$25,056
Sep 200303,14726.314.75$14,946
Aug 200303,57229.765.13$18,323
Jul 20031943,85929.415.17$25,660
Jun 200303,16828.565.98$18,954
May 200303,42026.595.97$20,427
Apr 20031933,66826.675.41$24,981
Mar 200303,68031.146.10$22,433
Feb 20031945,67533.487.93$51,474
Jan 20031907,29530.315.58$46,480
Dec 200206,15126.914.85$29,855
Nov 20021545,74524.664.14$27,564
Oct 200205,73926.464.23$24,271
Sep 20021362,21527.443.64$11,784
Aug 20021777,71225.963.16$28,997
Jul 20021386,02724.583.06$21,845
Jun 20021307,75423.733.34$28,970
May 200226413,84824.663.58$56,141
Apr 20021516,48723.653.51$26,356
Mar 200208,14322.003.10$25,265
Feb 20021518,27118.222.38$22,400
Jan 200236713,29617.172.38$37,888
Dec 200119119,72116.932.36$49,862
Nov 20011,13352,74218.072.41$147,345
Oct 200134723,07319.782.53$65,213

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                  195 Mcf  × $  3.05 =       $594

────────────────────────────────────────────────────
Month total                                     $594

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/186723 is the state's own key, not one this site invented.