HEIN TRUST

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187488District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 2002 – May 2026
Value, last 12 filed months
$543
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 Gas112002-05-15147297
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
CondensateDisposition1 bbl$60
GasProduction327,739 Mcf$1,454,149
Total$1,454,209

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 27.2902, -99.2589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29020, -99.25892 · 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
11,384 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 11,384 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-479379011611,384 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025015663.933.01$470
Jul 202502266.743.32$73
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025013267.704.27$563
Feb 20250970.884.34$39
Jan 20250074.324.28$0
Dec 20240768.993.12$22
Nov 20240669.052.20$13
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240475.632.06$8
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240778.812.20$15
Apr 2024017884.451.66$295
Mar 2024012380.301.55$190
Feb 202404276.091.78$75
Jan 20240173.023.30$3
Dec 20230471.262.61$10
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202305689.042.74$153
Aug 202308980.522.67$238
Jul 202303174.852.64$82
Jun 202308668.962.26$194
May 20230170.622.23$2
Apr 20230078.122.24$0
Mar 20230472.852.39$10
Feb 20230475.112.47$10
Jan 20230076.533.39$0
Dec 20220476.415.73$23
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220384.888.16$24
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202204115.097.98$32
May 202204109.378.43$34
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220491.054.86$19
Jan 202202981.844.54$132
Dec 20210071.323.90$0
Nov 20210477.435.24$21
Oct 20210879.795.71$46
Sep 20210469.865.35$21
Aug 202105366.024.22$224
Jul 202103470.783.98$135
Jun 202108669.493.38$291
May 202105563.483.02$166
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200644.642.68$16
Nov 20200038.772.71$0
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 202001439.982.39$33
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020014416.921.81$261
Apr 20200814.751.80$14
Mar 2020036330.341.86$674
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019026659.012.30$613
Nov 20190055.302.75$0
Oct 2019014153.472.42$341
Sep 2019021655.052.66$574
Aug 2019018853.112.30$433
Jul 2019018256.272.46$448
Jun 2019018652.782.49$463
May 2019017858.482.74$488
Apr 2019019662.632.75$539
Mar 2019014856.803.06$453
Feb 2019016750.852.79$466
Jan 2019023846.033.23$768
Dec 2018037646.594.19$1,574
Nov 2018010952.934.24$462
Oct 20180061.443.40$0
Sep 2018015159.543.11$469
Aug 2018017459.403.07$534
Jul 2018029465.142.93$862
Jun 20181060.183.08$60
May 2018017665.382.90$511
Apr 2018024563.842.90$711
Mar 2018025461.222.79$708
Feb 2018023661.782.77$653
Jan 2018019362.874.01$774
Dec 2017046957.272.92$1,370
Nov 2017024155.423.12$752
Oct 2017033349.292.98$994
Sep 2017052547.523.09$1,621
Aug 20170045.373.00$0
Jul 2017031243.873.09$963
Jun 2017018242.493.09$562
May 2017025445.373.26$829
Apr 2017025747.933.21$825
Mar 2017034246.772.98$1,020
Feb 2017016750.452.95$493
Jan 2017024549.413.42$838
Dec 2016028748.763.72$1,068
Nov 2016023542.492.64$621
Oct 2016020746.193.09$640
Sep 2016026341.553.10$815
Aug 2016049141.442.92$1,436
Jul 20160041.622.92$0
Jun 2016010445.352.69$279
May 2016071442.521.99$1,422
Apr 20160036.561.99$0
Mar 2016018633.011.79$334
Feb 2016041026.472.06$846
Jan 2016049927.352.36$1,180
Dec 2015079932.362.00$1,599
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201507755.212.96$228
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015025644.662.98$762
Jan 201501843.433.10$56
Dec 2014039654.693.59$1,422
Nov 201401,38770.464.25$5,897
Oct 201401,00678.303.90$3,924
Sep 201401,07086.164.05$4,329
Aug 201401,08489.394.04$4,374
Jul 201401,03696.564.18$4,330
Jun 2014091898.164.74$4,348
May 201401,25194.734.73$5,913
Apr 2014070095.944.81$3,366
Mar 2014030295.895.06$1,527
Feb 2014037697.406.19$2,328
Jan 2014039490.404.86$1,915
Dec 201301,16491.824.35$5,069
Nov 2013096488.853.74$3,604
Oct 2013054097.423.78$2,041
Sep 20130618104.113.72$2,298
Aug 201301,214104.253.52$4,276
Jul 201301,173102.523.72$4,361
Jun 201301,12894.403.93$4,437
May 201301,23794.834.15$5,132
Apr 201301,18193.964.28$5,058
Mar 201301,32993.623.91$5,200
Feb 201301,19391.233.42$4,080
Jan 2013048291.603.42$1,648
Dec 2012043986.773.42$1,501
Nov 2012044686.953.62$1,617
Oct 2012075489.383.40$2,563
Sep 201201,39194.672.92$4,059
Aug 201208292.662.91$238
Jul 2012014985.133.02$450
Jun 2012035479.822.52$892
May 2012022391.612.49$555
Apr 20120220101.652.00$439
Mar 20120293105.052.22$651
Feb 20120323101.102.57$830
Jan 2012036998.092.73$1,009
Dec 2011086296.873.24$2,793
Nov 2011079995.723.31$2,646
Oct 2011091984.983.65$3,353
Sep 2011045383.623.99$1,806
Aug 2011021783.404.15$900
Jul 2011023694.144.52$1,066
Jun 2011032592.904.64$1,508
May 2011036598.134.40$1,608
Apr 20110315105.964.33$1,365
Mar 2011035696.364.06$1,444
Feb 2011041885.644.18$1,747
Jan 2011045386.504.59$2,079
Dec 2010034685.734.35$1,504
Nov 2010038980.843.80$1,476
Oct 2010057578.103.51$2,018
Sep 2010042472.633.98$1,687
Aug 2010035473.684.42$1,564
Jul 2010054572.554.74$2,581
Jun 2010030370.364.91$1,488
May 2010036671.124.24$1,550
Apr 2010032581.694.12$1,340
Mar 2010032378.394.39$1,418
Feb 2010027773.585.44$1,508
Jan 2010030974.365.96$1,843
Dec 2009047971.445.48$2,627
Nov 2009040074.593.75$1,501
Oct 2009038972.544.11$1,599
Sep 2009031665.543.06$968
Aug 2009033367.423.22$1,072
Jul 2009061461.133.46$2,127
Jun 2009018966.163.90$736
May 2009043254.743.93$1,696
Apr 2009053546.773.59$1,919
Mar 2009038242.144.06$1,551
Feb 2009023532.814.63$1,089
Jan 2009049235.865.37$2,643
Dec 2008021437.105.98$1,279
Nov 2008056855.496.86$3,897
Oct 20080075.246.92$0
Sep 20080903101.767.88$7,113
Aug 20080225114.228.48$1,909
Jul 200800131.0811.39$0
Jun 20080209131.3313.03$2,724
May 20080123123.1711.57$1,424
Apr 20080238110.3110.45$2,488
Mar 20080582101.909.66$5,624
Feb 200801,61192.538.77$14,129
Jan 200801,65890.388.21$13,605
Dec 200701,73188.337.30$12,640
Nov 200701,78991.677.29$13,045
Oct 200701,57082.856.92$10,868
Sep 2007065375.846.24$4,077
Aug 2007069169.066.39$4,414
Jul 2007055470.906.39$3,539
Jun 2007015362.007.55$1,155
May 2007056458.747.85$4,425
Apr 2007056059.617.81$4,371
Mar 2007053256.927.30$3,885
Feb 2007047055.108.22$3,862
Jan 2007042250.306.73$2,839
Dec 2006015156.656.92$1,045
Nov 2006026554.207.62$2,019
Oct 2006044754.906.01$2,688
Sep 2006048360.085.04$2,433
Aug 2006050168.717.34$3,677
Jul 2006066269.376.34$4,199
Jun 2006026666.286.38$1,698
May 2006048766.016.42$3,129
Apr 200605264.397.36$383
Mar 2006032556.707.08$2,302
Feb 2006041857.597.75$3,240
Jan 2006034360.598.93$3,064
Dec 2005089154.9413.42$11,953
Nov 2005011054.6910.59$1,165
Oct 2005034558.3413.80$4,760
Sep 200501,15761.4512.08$13,975
Aug 200501,18361.519.80$11,590
Jul 200501,18255.697.84$9,271
Jun 200501,39052.337.38$10,260
May 200501,15045.226.65$7,649
Apr 2005043449.207.36$3,194
Mar 200501,00350.377.15$7,176
Feb 2005072445.226.31$4,570
Jan 200501,47043.166.32$9,294
Dec 2004083739.866.75$5,651
Nov 200401,03945.286.33$6,577
Oct 200401,36849.706.52$8,913
Sep 200401,79843.245.28$9,500
Aug 200402,33042.375.55$12,933
Jul 200402,82138.286.08$17,163
Jun 200402,56436.106.43$16,494
May 200402,43537.486.49$15,814
Apr 200403,41834.475.86$20,024
Mar 200403,30134.365.53$18,255
Feb 200403,94632.455.51$21,741
Jan 200404,57432.036.30$28,815
Dec 200304,78030.266.30$30,122
Nov 200305,14028.804.60$23,619
Oct 200305,44828.174.76$25,931
Sep 200305,04626.314.75$23,965
Aug 200304,45129.765.13$22,832
Jul 200302,60429.415.17$13,465
Jun 200302,90528.565.98$17,381
May 200304,67426.595.97$27,916
Apr 200305,84926.675.41$31,627
Mar 200307,00031.146.10$42,672
Feb 200307,68733.487.93$60,926
Jan 200302,76030.315.58$15,406
Dec 200204,11826.914.85$19,988
Nov 200201,39824.664.14$5,783
Oct 2002011,60426.464.23$49,075
Sep 2002012,33827.443.64$44,851
Aug 200209,63225.963.16$30,477
Jul 200201724.583.06$52
Jun 200208,85023.733.34$29,543
May 2002017,18424.663.58$61,587
Apr 2002016,91923.653.51$59,425
Mar 2002022,79322.003.10$70,720
Feb 2002029,92818.222.38$71,099
Jan 2002016,51017.172.38$39,222

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.

Aug 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.93 =         $0
Gas                  156 Mcf  × $  3.01 =       $470

────────────────────────────────────────────────────
Month total                                     $470

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/187488 is the state's own key, not one this site invented.