FROST TRUST 49

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 188049District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Jan 2002 – May 2026
Value, last 12 filed months
$135 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 Gas112002-06-19147878
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
CondensateDisposition44,288 bbl$1,995,430
GasProduction2,751,794 Mcf$14,166,374
Total$16,161,804

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 27.7088, -98.9853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70884, -98.98535 · 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
9,500 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 9,500 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-4793798219,500 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 202602,849106.413.05$8,678
Apr 202602,92998.932.87$8,405
Mar 2026423,20389.753.15$13,857
Feb 202602,51863.503.75$9,443
Jan 20262062,79559.138.00$34,535
Dec 202502,72556.664.41$12,026
Nov 202502,56458.593.93$10,067
Oct 2025482,25359.383.30$10,296
Sep 202501,46162.743.08$4,495
Aug 202501,98563.933.01$5,984
Jul 202501,63566.743.32$5,420
Jun 2025562,65866.483.13$12,039
May 202503,18060.553.23$10,279
Apr 2025531,79362.363.54$9,658
Mar 202503,41667.704.27$14,581
Feb 202502,49570.884.34$10,830
Jan 202501,67474.324.28$7,163
Dec 2024582,23868.993.12$10,987
Nov 202402,02469.052.20$4,450
Oct 202402,92471.372.28$6,671
Sep 202402,95269.612.36$6,980
Aug 20242233,19375.632.06$23,455
Jul 2024222,80979.932.15$7,788
Jun 202402,86278.082.63$7,538
May 202403,77078.812.20$8,288
Apr 202402,39784.451.66$3,977
Mar 2024472,99580.301.55$8,402
Feb 202402,98376.091.78$5,321
Jan 202403,18473.023.30$10,500
Dec 20231201,75271.262.61$13,125
Nov 202302,60177.892.81$7,302
Oct 20231802,93785.443.09$24,447
Sep 202303,38889.042.74$9,266
Aug 2023243,33480.522.67$10,844
Jul 202303,62774.852.64$9,582
Jun 202301,50768.962.26$3,404
May 2023203,21570.622.23$8,573
Apr 202303,65978.122.24$8,188
Mar 2023332,38972.852.39$8,121
Feb 202303,05475.112.47$7,530
Jan 202302,97976.533.39$10,092
Dec 202202,79376.415.73$16,001
Nov 20222142,35885.005.65$31,504
Oct 202203,15887.185.86$18,518
Sep 202203,44884.888.16$28,148
Aug 202203,24494.529.13$29,609
Jul 202202,916101.587.54$21,993
Jun 20220513115.097.98$4,092
May 2022413,556109.378.43$34,472
Apr 202203,970104.226.84$27,145
Mar 2022233,810108.885.08$21,845
Feb 202203,47091.054.86$16,860
Jan 202203,79981.844.54$17,239
Dec 20211963,40171.323.90$27,240
Nov 202103,04477.435.24$15,941
Oct 202104,22279.795.71$24,124
Sep 202104,60169.865.35$24,620
Aug 202103,79866.024.22$16,030
Jul 202104,56370.783.98$18,170
Jun 202103,94169.493.38$13,323
May 202104963.483.02$148
Apr 20211413,68660.362.76$18,678
Mar 202102,35661.302.72$6,401
Feb 202103,06657.805.55$17,010
Jan 202103,75650.412.81$10,555
Dec 2020174,47044.642.68$12,718
Nov 20201894,29038.772.71$18,939
Oct 202054,95136.972.48$12,456
Sep 202003,37637.091.99$6,722
Aug 202003,66239.982.39$8,734
Jul 202003,40138.371.83$6,207
Jun 202033,53634.901.69$6,082
May 202002,11816.921.81$3,844
Apr 20201512,76514.751.80$7,216
Mar 2020113,23930.341.86$6,346
Feb 202003,10949.881.98$6,158
Jan 202003,83357.252.09$8,029
Dec 20191903,15059.012.30$18,471
Nov 201902,83955.302.75$7,809
Oct 2019302,29853.472.42$7,162
Sep 201903,80955.052.66$10,122
Aug 201903,94553.112.30$9,091
Jul 201903,17856.272.46$7,818
Jun 201903,66952.782.49$9,140
May 201903,70258.482.74$10,145
Apr 2019413,86762.632.75$13,205
Mar 201903,83856.803.06$11,752
Feb 201903,45850.852.79$9,656
Jan 201903,59846.033.23$11,615
Dec 2018803,38846.594.19$17,907
Nov 201803,45852.934.24$14,652
Oct 201803,42861.443.40$11,649
Sep 201803,10359.543.11$9,644
Aug 201803,04359.403.07$9,332
Jul 2018853,89665.142.93$16,960
Jun 201804,05160.183.08$12,465
May 201804,51265.382.90$13,088
Apr 201804,45263.842.90$12,914
Mar 201803,59561.222.79$10,019
Feb 201802,82861.782.77$7,823
Jan 20181383,53262.874.01$22,837
Dec 201703,84657.272.92$11,236
Nov 201704,12555.423.12$12,863
Oct 201704,51349.292.98$13,465
Sep 2017964,56447.523.09$18,652
Aug 201704,57645.373.00$13,748
Jul 201704,94343.873.09$15,260
Jun 20171294,84842.493.09$20,448
May 201705,12245.373.26$16,715
Apr 201704,89047.933.21$15,705
Mar 20171165,36246.772.98$21,424
Feb 20171494,66750.452.95$21,297
Jan 201704,90049.413.42$16,752
Dec 201605,40048.763.72$20,103
Nov 20161345,41442.492.64$20,010
Oct 201605,46546.193.09$16,888
Sep 20161265,83241.553.10$23,318
Aug 201606,63141.442.92$19,391
Jul 201608,42141.622.92$24,626
Jun 20168072945.352.69$5,586
May 201603142.521.99$62
Apr 20165036.561.99$183
Mar 201603933.011.79$70
Feb 2016173,29826.472.06$7,256
Jan 2016325,94527.352.36$14,931
Dec 20151937,74432.362.00$21,744
Nov 201507,58138.792.17$16,431
Oct 20151127,25843.552.43$22,490
Sep 201505,90842.992.76$16,297
Aug 201503,87640.162.87$11,134
Jul 20151793,30748.152.95$18,358
Jun 2015010,49656.152.88$30,259
May 20151264,84255.212.96$21,267
Apr 201504,64549.822.71$12,572
Mar 2015825,00842.892.93$18,214
Feb 201503,49744.662.98$10,408
Jan 2015993,23043.433.10$14,315
Dec 201403,38154.693.59$12,142
Nov 20141002,91970.464.25$19,457
Oct 201402,88478.303.90$11,250
Sep 201402,72386.164.05$11,016
Aug 2014942,92689.394.04$20,209
Jul 201404,13496.564.18$17,278
Jun 2014383,76098.164.74$21,541
May 20141093,42294.734.73$26,500
Apr 201404,86395.944.81$23,387
Mar 2014985,18895.895.06$35,632
Feb 2014935,06697.406.19$40,427
Jan 201404,51790.404.86$21,956
Dec 20131293,25891.824.35$26,032
Nov 20131955,43888.853.74$37,655
Oct 20131946,12897.423.78$42,059
Sep 201306,045104.113.72$22,474
Aug 201305,385104.253.52$18,969
Jul 201304,083102.523.72$15,180
Jun 201305,16794.403.93$20,324
May 201306,20294.834.15$25,733
Apr 20131955,86093.964.28$43,418
Mar 201305,85993.623.91$22,926
Feb 20131956,05691.233.42$38,501
Jan 201303,76491.603.42$12,873
Dec 201206,84586.773.42$23,411
Nov 20121946,56486.953.62$40,663
Oct 201205,24489.383.40$17,828
Sep 201204,34994.672.92$12,692
Aug 201204,90692.662.91$14,267
Jul 20121834,87585.133.02$30,305
Jun 201206,57379.822.52$16,558
May 201207,65491.612.49$19,046
Apr 20121467,690101.652.00$30,196
Mar 20121895,863105.052.22$32,883
Feb 201206,037101.102.57$15,517
Jan 20121805,82998.092.73$33,593
Dec 201106,55896.873.24$21,246
Nov 20111736,84695.723.31$39,229
Oct 201106,57584.983.65$23,989
Sep 20111765,64983.623.99$37,233
Aug 201103,17183.404.15$13,157
Jul 201105,38694.144.52$24,330
Jun 20111865,98692.904.64$45,054
May 201107,50098.134.40$33,036
Apr 201107,569105.964.33$32,799
Mar 20111767,12296.364.06$45,856
Feb 201106,73685.644.18$28,156
Jan 20111857,72486.504.59$51,446
Dec 20101877,59285.734.35$49,040
Nov 201007,68180.843.80$29,152
Oct 201008,04078.103.51$28,211
Sep 20101887,21772.633.98$42,374
Aug 201008,09573.684.42$35,775
Jul 20103087,56672.554.74$58,182
Jun 201007,58370.364.91$37,236
May 201007,84571.124.24$33,225
Apr 201007,64081.694.12$31,497
Mar 20101877,50078.394.39$47,574
Feb 201006,84973.585.44$37,275
Jan 20101876,71074.365.96$53,924
Dec 200905,91571.445.48$32,436
Nov 200906,62974.593.75$24,869
Oct 20091885,12972.544.11$34,719
Sep 2009011,85765.543.06$36,339
Aug 200902,06867.423.22$6,656
Jul 200909,44261.133.46$32,712
Jun 200937510,79266.163.90$66,845
May 200905,31854.743.93$20,877
Apr 200908,17546.773.59$29,328
Mar 200908,99442.144.06$36,507
Feb 20091888,56732.814.63$45,859
Jan 2009010,19035.865.37$54,730
Dec 200819410,81037.105.98$71,810
Nov 200807,65255.496.86$52,495
Oct 200817110,40275.246.92$84,868
Sep 200809,307101.767.88$73,312
Aug 200814112,089114.228.48$118,656
Jul 200819213,139131.0811.39$174,813
Jun 2008012,717131.3313.03$165,736
May 200819012,069123.1711.57$163,092
Apr 200806,427110.3110.45$67,193
Mar 200818911,809101.909.66$133,382
Feb 200818911,56492.538.77$118,911
Jan 20081918,61590.388.21$87,955
Dec 200719011,53488.337.30$101,004
Nov 20071929,21891.677.29$84,816
Oct 200702,24382.856.92$15,526
Sep 200719014,09775.846.24$102,434
Aug 20072016,73969.066.39$56,929
Jul 2007012,11370.906.39$77,377
Jun 200718911,73362.007.55$100,284
May 200738612,77658.747.85$122,918
Apr 2007012,11359.617.81$94,544
Mar 200719311,77956.927.30$96,995
Feb 200719010,78255.108.22$99,054
Jan 200719710,81150.306.73$82,633
Dec 200619914,10556.656.92$108,858
Nov 200619411,72054.207.62$99,792
Oct 200619912,93454.906.01$88,708
Sep 200619213,71560.085.04$80,621
Aug 200618215,74368.717.34$128,058
Jul 200635215,20969.376.34$120,885
Jun 200615715,04166.286.38$106,426
May 200619016,07166.016.42$115,798
Apr 200618417,08064.397.36$137,565
Mar 200636819,72056.707.08$160,541
Feb 200618217,88457.597.75$149,102
Jan 200619418,46160.598.93$176,672
Dec 200526219,44654.9413.42$275,270
Nov 200531919,61154.6910.59$225,095
Oct 200524721,90658.3413.80$316,620
Sep 200527622,44161.4512.08$288,025
Aug 200536026,68761.519.80$283,592
Jul 200538018,01355.697.84$162,450
Jun 200519017,76952.337.38$141,096
May 200538418,16245.226.65$138,163
Apr 200538219,16149.207.36$159,829
Mar 200534921,24250.377.15$169,563
Feb 200537818,49745.226.31$133,845
Jan 200538923,03043.166.32$162,390
Dec 200434025,49339.866.75$185,658
Nov 200439025,67445.286.33$180,186
Oct 200417814,56449.706.52$103,733
Sep 200456714,77343.245.28$102,576
Aug 200419313,41242.375.55$82,623
Jul 200435414,37738.286.08$101,023
Jun 200433714,39036.106.43$104,737
May 200436416,94537.486.49$123,693
Apr 200457917,20534.475.86$120,753
Mar 200438220,73634.365.53$127,799
Feb 200454820,03632.455.51$128,173
Jan 200436416,99432.036.30$118,715
Dec 200336720,43630.266.30$139,886
Nov 200353119,25628.804.60$103,777
Oct 200354822,11128.174.76$120,678
Sep 200338319,00626.314.75$100,343
Aug 200356024,27329.765.13$141,179
Jul 200356327,90129.415.17$160,829
Jun 200357524,06628.565.98$160,408
May 200355922,76926.595.97$150,856
Apr 200358127,17726.675.41$162,449
Mar 200375130,79531.146.10$211,114
Feb 200357232,14233.487.93$273,904
Jan 200377636,78530.315.58$228,856
Dec 200294737,23026.914.85$206,189
Nov 200276938,82924.664.14$179,598
Oct 200277043,49926.464.23$204,337
Sep 200293142,76727.443.64$181,013
Aug 200252947,72925.963.16$164,755
Jul 20021,06851,07524.583.06$182,631
Jun 200298657,91223.733.34$216,722
May 20021,51769,23824.663.58$285,558
Apr 20021,59383,83023.653.51$332,112
Mar 20022,68890,68822.003.10$340,515
Feb 20021,83648,05818.222.38$147,622
Jan 200205,00017.172.38$11,878

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                2,849 Mcf  × $  3.05 =     $8,678

────────────────────────────────────────────────────
Month total                                   $8,678

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/188049 is the state's own key, not one this site invented.