FROST TRUST 43

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 187485District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Jan 2002 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
293
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 Gas112002-05-15147306
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
CondensateDisposition11,093 bbl$470,640
GasProduction1,637,559 Mcf$8,001,398
Total$8,472,038

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 27.6595, -98.9809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65954, -98.98093 · 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
10,700 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 10,700 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-47937965110,700 ftJan 2002

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 (293)

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

293 months

May 202603,640106.413.05$11,087
Apr 202603,90898.932.87$11,215
Mar 202603,68889.753.15$11,615
Feb 202603,44263.503.75$12,909
Jan 2026047659.138.00$3,807
Dec 2025098156.664.41$4,330
Nov 2025094158.593.93$3,695
Oct 202501,04259.383.30$3,444
Sep 2025079362.743.08$2,440
Aug 2025098763.933.01$2,976
Jul 2025111,02966.743.32$4,145
Jun 2025089866.483.13$2,810
May 2025089260.553.23$2,883
Apr 2025086162.363.54$3,051
Mar 2025093267.704.27$3,978
Feb 2025085570.884.34$3,711
Jan 2025061874.324.28$2,644
Dec 2024095168.993.12$2,968
Nov 202401,17669.052.20$2,585
Oct 202401,61871.372.28$3,691
Sep 202401,57069.612.36$3,712
Aug 2024201,50675.632.06$4,620
Jul 202401,52779.932.15$3,278
Jun 202401,74578.082.63$4,596
May 202401,85178.812.20$4,069
Apr 202401,73584.451.66$2,879
Mar 202401,96580.301.55$3,036
Feb 20241951,75276.091.78$17,962
Jan 202402,70173.023.30$8,907
Dec 202303,17571.262.61$8,289
Nov 202301,02577.892.81$2,878
Oct 202302,39985.443.09$7,406
Sep 202302,09189.042.74$5,719
Aug 202302,70380.522.67$7,225
Jul 202301,24674.852.64$3,292
Jun 202301,56068.962.26$3,523
May 202301,73270.622.23$3,858
Apr 202301,28378.122.24$2,871
Mar 202301,23672.852.39$2,958
Feb 2023071275.112.47$1,756
Jan 202301,27676.533.39$4,323
Dec 202201,49976.415.73$8,588
Nov 202201,48185.005.65$8,362
Oct 202202,63787.185.86$15,463
Sep 202202,90684.888.16$23,724
Aug 202201,92394.529.13$17,552
Jul 202202,658101.587.54$20,047
Jun 202201,993115.097.98$15,899
May 202202,287109.378.43$19,286
Apr 202201,342104.226.84$9,176
Mar 202201,150108.885.08$5,838
Feb 2022097491.054.86$4,733
Jan 202201,22481.844.54$5,554
Dec 202101,12671.323.90$4,390
Nov 202101,11077.435.24$5,813
Oct 202101,19979.795.71$6,851
Sep 20211731,13569.865.35$18,159
Aug 202101,18666.024.22$5,006
Jul 202101,21470.783.98$4,834
Jun 202101,14269.493.38$3,861
May 202101,10663.483.02$3,338
Apr 202101,09160.362.76$3,009
Mar 202101,08561.302.72$2,948
Feb 202101,06757.805.55$5,920
Jan 202101,29850.412.81$3,648
Dec 202001,37944.642.68$3,689
Nov 202001,07038.772.71$2,896
Oct 202001,39336.972.48$3,452
Sep 202001,63237.091.99$3,249
Aug 2020089639.982.39$2,137
Jul 202001,32738.371.83$2,422
Jun 202001,32334.901.69$2,236
May 202001,45716.921.81$2,644
Apr 2020171,39314.751.80$2,764
Mar 202001,47130.341.86$2,731
Feb 202001,45149.881.98$2,874
Jan 202001,77557.252.09$3,718
Dec 201902,09959.012.30$4,837
Nov 201902,34355.302.75$6,445
Oct 201902,49753.472.42$6,039
Sep 201903,51755.052.66$9,346
Aug 201953,40553.112.30$8,112
Jul 2019061856.272.46$1,520
Jun 2019087252.782.49$2,172
May 20194173958.482.74$4,423
Apr 2019047962.632.75$1,318
Mar 2019050156.803.06$1,534
Feb 2019081650.852.79$2,278
Jan 20191769246.033.23$3,016
Dec 2018058346.594.19$2,440
Nov 2018088152.934.24$3,733
Oct 201804261.443.40$143
Sep 2018054459.543.11$1,691
Aug 2018046759.403.07$1,432
Jul 2018054265.142.93$1,589
Jun 2018053660.183.08$1,649
May 2018062765.382.90$1,819
Apr 2018066763.842.90$1,935
Mar 2018067061.222.79$1,867
Feb 2018058461.782.77$1,615
Jan 20181758262.874.01$3,402
Dec 2017052857.272.92$1,543
Nov 2017046355.423.12$1,444
Oct 2017057949.292.98$1,728
Sep 2017021847.523.09$673
Aug 2017025545.373.00$766
Jul 2017086743.873.09$2,677
Jun 2017064242.493.09$1,982
May 2017029345.373.26$956
Apr 2017991,25247.933.21$8,766
Mar 201701,49946.772.98$4,473
Feb 2017281,78750.452.95$6,689
Jan 201702,36449.413.42$8,082
Dec 201602,27048.763.72$8,451
Nov 201602,19342.492.64$5,799
Oct 201622,39946.193.09$7,506
Sep 201602,38641.553.10$7,398
Aug 201602,40941.442.92$7,045
Jul 201602,72541.622.92$7,969
Jun 2016182,63445.352.69$7,891
May 201602,71042.521.99$5,396
Apr 201602,74736.561.99$5,469
Mar 201602,67533.011.79$4,799
Feb 201602,90926.472.06$6,003
Jan 201612,98727.352.36$7,090
Dec 201502,71632.362.00$5,436
Nov 201502,53438.792.17$5,492
Oct 201502,37743.552.43$5,768
Sep 201502,38442.992.76$6,576
Aug 201502,47640.162.87$7,112
Jul 201502,18548.152.95$6,435
Jun 201501,97056.152.88$5,679
May 201502,32255.212.96$6,863
Apr 201502,90749.822.71$7,868
Mar 201502,98042.892.93$8,745
Feb 201503,06144.662.98$9,110
Jan 201502,97643.433.10$9,227
Dec 201402,67354.693.59$9,600
Nov 2014932,82870.464.25$18,577
Oct 201404,50478.303.90$17,570
Sep 201402,59386.164.05$10,490
Aug 201402,72689.394.04$11,000
Jul 201403,63296.564.18$15,180
Jun 201403,20698.164.74$15,186
May 201403,82594.734.73$18,079
Apr 201403,63995.944.81$17,500
Mar 201404,64295.895.06$23,474
Feb 20141213,82797.406.19$35,482
Jan 201403,41090.404.86$16,575
Dec 201304,16491.824.35$18,132
Nov 20131952,70588.853.74$27,438
Oct 201302,40997.423.78$9,104
Sep 201302,462104.113.72$9,153
Aug 201302,604104.253.52$9,173
Jul 201303,117102.523.72$11,588
Jun 201302,25294.403.93$8,858
May 201303,06294.834.15$12,704
Apr 201302,87093.964.28$12,291
Mar 201303,39293.623.91$13,272
Feb 201302,62491.233.42$8,974
Jan 201302,66791.603.42$9,121
Dec 201203,73986.773.42$12,788
Nov 201204,07286.953.62$14,761
Oct 201203,16389.383.40$10,753
Sep 201203,07494.672.92$8,971
Aug 201203,25892.662.91$9,475
Jul 201203,73285.133.02$11,274
Jun 201203,52179.822.52$8,870
May 201203,85791.612.49$9,597
Apr 201203,433101.652.00$6,855
Mar 201203,716105.052.22$8,257
Feb 201203,561101.102.57$9,153
Jan 201203,49498.092.73$9,553
Dec 201103,75596.873.24$12,165
Nov 20111744,48195.723.31$31,493
Oct 201104,04884.983.65$14,769
Sep 201104,01183.623.99$15,987
Aug 201103,88683.404.15$16,124
Jul 201104,13394.144.52$18,670
Jun 201104,84792.904.64$22,490
May 201103,68498.134.40$16,227
Apr 201103,184105.964.33$13,797
Mar 201103,05296.364.06$12,383
Feb 201103,50285.644.18$14,638
Jan 20111804,90486.504.59$38,073
Dec 201004,05785.734.35$17,639
Nov 201004,97580.843.80$18,882
Oct 201007,00378.103.51$24,573
Sep 20101931,96972.633.98$21,853
Aug 2010053173.684.42$2,347
Jul 201002,51472.554.74$11,908
Jun 201004,71870.364.91$23,167
May 201005,01271.124.24$21,227
Apr 201005,34581.694.12$22,036
Mar 201003,97278.394.39$17,432
Feb 201004,10873.585.44$22,357
Jan 201004,80674.365.96$28,663
Dec 200905,44371.445.48$29,848
Nov 200905,42774.593.75$20,359
Oct 200904,28772.544.11$17,621
Sep 200905,39265.543.06$16,525
Aug 200904,55067.423.22$14,644
Jul 200905,06161.133.46$17,534
Jun 200905,65966.163.90$22,042
May 200905,82154.743.93$22,852
Apr 200905,91846.773.59$21,231
Mar 200905,19342.144.06$21,078
Feb 200903,96332.814.63$18,361
Jan 200905,82335.865.37$31,275
Dec 200805,28437.105.98$31,583
Nov 200805,07555.496.86$34,816
Oct 200805,82775.246.92$40,334
Sep 200805,645101.767.88$44,466
Aug 20081725,836114.228.48$69,153
Jul 200806,084131.0811.39$69,293
Jun 200805,674131.3313.03$73,947
May 200805,659123.1711.57$65,499
Apr 200805,719110.3110.45$59,791
Mar 200807,349101.909.66$71,021
Feb 20081906,88292.538.77$77,940
Jan 200808,28090.388.21$67,943
Dec 200707,21188.337.30$52,655
Nov 20071936,53491.677.29$65,336
Oct 200705,16982.856.92$35,780
Sep 200704,13075.846.24$25,788
Aug 200705,91869.066.39$37,804
Jul 200707,23570.906.39$46,217
Jun 200704,96962.007.55$37,508
May 20071867,04658.747.85$66,211
Apr 200706,61659.617.81$51,639
Mar 200707,01056.927.30$51,187
Feb 200706,90755.108.22$56,748
Jan 20071757,45650.306.73$58,958
Dec 200608,65556.656.92$59,879
Nov 20061907,30554.207.62$65,944
Oct 200608,61454.906.01$51,803
Sep 200606,07860.085.04$30,616
Aug 20061908,05868.717.34$72,200
Jul 200606,77469.376.34$42,966
Jun 200607,21466.286.38$46,053
May 200607,38666.016.42$47,455
Apr 200606,40864.397.36$47,166
Mar 20061438,15756.707.08$65,883
Feb 200606,85057.597.75$53,095
Jan 20061938,29960.598.93$85,831
Dec 200508,00854.9413.42$107,431
Nov 200507,39554.6910.59$78,301
Oct 20051938,18858.3413.80$124,219
Sep 200509,78361.4512.08$118,169
Aug 200509,21761.519.80$90,297
Jul 20051509,40355.697.84$82,107
Jun 200509,32852.337.38$68,850
May 20051909,28145.226.65$70,321
Apr 2005010,74449.207.36$79,081
Mar 200519012,69950.377.15$100,430
Feb 2005010,90545.226.31$68,831
Jan 200519114,75243.166.32$101,509
Dec 2004025,40539.866.75$171,511
Nov 200415012,26545.286.33$84,435
Oct 20041698,28349.706.52$62,364
Sep 200408,53743.245.28$45,109
Aug 200406,25042.375.55$34,692
Jul 20041618,71238.286.08$59,168
Jun 200409,92536.106.43$63,848
May 20041848,91837.486.49$64,815
Apr 200426911,32534.475.86$75,619
Mar 2004011,50134.365.53$63,602
Feb 200422710,79032.455.51$66,815
Jan 2004012,87732.036.30$81,120
Dec 200319214,30130.266.30$95,930
Nov 200309,39428.804.60$43,167
Oct 200318914,78628.174.76$75,700
Sep 200321113,19526.314.75$68,219
Aug 2003014,72029.765.13$75,509
Jul 200320813,09529.415.17$73,829
Jun 2003013,48228.565.98$80,662
May 200320015,57326.595.97$98,331
Apr 200318517,17326.675.41$97,793
Mar 20033517,66631.146.10$108,783
Feb 200319215,03733.487.93$125,610
Jan 200323018,08930.315.58$107,945
Dec 200223420,56226.914.85$106,100
Nov 200219120,90524.664.14$91,193
Oct 200218621,75726.464.23$96,935
Sep 200218423,41127.443.64$90,153
Aug 200232626,90225.963.16$93,585
Jul 200215428,27724.583.06$90,363
Jun 200232231,58323.733.34$113,073
May 200241746,46324.663.58$176,807
Apr 200216831,26323.653.51$113,779
Mar 200239638,52822.003.10$128,254
Feb 200267665,91318.222.38$168,905
Jan 2002891117,29317.172.38$293,949

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                3,640 Mcf  × $  3.05 =    $11,087

────────────────────────────────────────────────────
Month total                                  $11,087

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/187485 is the state's own key, not one this site invented.