LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188516District 04Field 171305502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Mar 2002 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
291
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 261 leases and 261 wells, and the rule below applies to all of them.

Discovered
1979-10-23
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 Gas112002-09-23149036
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
CondensateDisposition90 bbl$5,253
GasProduction624,447 Mcf$2,770,671
Total$2,775,925

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 27.0263, -99.1369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02626, -99.13691 · 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
10,264 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 10,264 ft.

Completions filed
Mar 2002
1 of 1 wells

1 well

42-505344693210,264 ftMar 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 (291)

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

291 months

May 202601106.413.05$3
Apr 2026012598.932.87$359
Mar 202606489.753.15$202
Feb 202607363.503.75$274
Jan 2026012059.138.00$960
Dec 202506456.664.41$282
Nov 2025010158.593.93$397
Oct 2025011559.383.30$380
Sep 202508162.743.08$249
Aug 2025017163.933.01$516
Jul 202508166.743.32$269
Jun 202509366.483.13$291
May 2025014460.553.23$465
Apr 2025013862.363.54$489
Mar 2025012967.704.27$551
Feb 202504270.884.34$182
Jan 202505574.324.28$235
Dec 202417268.993.12$294
Nov 2024011269.052.20$246
Oct 2024010271.372.28$233
Sep 2024117769.612.36$488
Aug 2024212875.632.06$415
Jul 2024010479.932.15$223
Jun 2024013178.082.63$345
May 202406678.812.20$145
Apr 2024010084.451.66$166
Mar 2024010180.301.55$156
Feb 2024214276.091.78$405
Jan 2024046673.023.30$1,537
Dec 202304971.262.61$128
Nov 202309577.892.81$267
Oct 2023024685.443.09$759
Sep 2023013189.042.74$358
Aug 2023036380.522.67$970
Jul 2023448174.852.64$1,570
Jun 202301,76468.962.26$3,984
May 202311,11070.622.23$2,543
Apr 202301,05578.122.24$2,361
Mar 2023077772.852.39$1,859
Feb 202311,35475.112.47$3,414
Jan 202302,61676.533.39$8,862
Dec 2022045076.415.73$2,578
Nov 2022110385.005.65$667
Oct 2022026087.185.86$1,525
Sep 2022023784.888.16$1,935
Aug 2022033194.529.13$3,021
Jul 20220722101.587.54$5,445
Jun 20220662115.097.98$5,281
May 202211,038109.378.43$8,863
Apr 202202,993104.226.84$20,465
Mar 202213,349108.885.08$17,110
Feb 202202,02691.054.86$9,844
Jan 2022025681.844.54$1,162
Dec 2021014271.323.90$554
Nov 202109477.435.24$492
Oct 2021019479.795.71$1,108
Sep 2021114269.865.35$830
Aug 2021213066.024.22$681
Jul 2021014870.783.98$589
Jun 2021018869.493.38$636
May 2021221963.483.02$788
Apr 2021135260.362.76$1,031
Mar 2021114661.302.72$458
Feb 2021013257.805.55$732
Jan 2021115850.412.81$494
Dec 2020118244.642.68$532
Nov 2020017238.772.71$466
Oct 2020018036.972.48$446
Sep 2020117337.091.99$382
Aug 2020115639.982.39$412
Jul 2020015638.371.83$285
Jun 2020113234.901.69$258
May 2020018716.921.81$339
Apr 2020017314.751.80$312
Mar 2020015130.341.86$280
Feb 2020117049.881.98$387
Jan 2020116157.252.09$395
Dec 2019017659.012.30$406
Nov 2019418555.302.75$730
Oct 2019016453.472.42$397
Sep 2019018955.052.66$502
Aug 2019019053.112.30$438
Jul 2019020756.272.46$509
Jun 2019019352.782.49$481
May 2019022658.482.74$619
Apr 2019011162.632.75$305
Mar 2019018656.803.06$570
Feb 2019417950.852.79$703
Jan 2019017746.033.23$571
Dec 2018016546.594.19$691
Nov 2018016352.934.24$691
Oct 2018126461.443.40$959
Sep 2018019159.543.11$594
Aug 2018317159.403.07$703
Jul 2018016565.142.93$484
Jun 2018026060.183.08$800
May 2018117265.382.90$564
Apr 2018217663.842.90$638
Mar 2018026861.222.79$747
Feb 2018018961.782.77$523
Jan 2018219262.874.01$896
Dec 2017017457.272.92$508
Nov 201707255.423.12$225
Oct 201711449.292.98$91
Sep 201705147.523.09$157
Aug 201709845.373.00$294
Jul 20170043.873.09$0
Jun 201718042.493.09$289
May 201703945.373.26$127
Apr 201716747.933.21$263
Mar 2017117346.772.98$563
Feb 2017010750.452.95$316
Jan 2017015549.413.42$530
Dec 2016028348.763.72$1,054
Nov 2016022142.492.64$584
Oct 2016033546.193.09$1,035
Sep 2016244141.553.10$1,450
Aug 201601,10941.442.92$3,243
Jul 2016076441.622.92$2,234
Jun 201611,30145.352.69$3,540
May 2016083742.521.99$1,667
Apr 201612,14336.561.99$4,303
Mar 201622,89133.011.79$5,253
Feb 2016082126.472.06$1,694
Jan 2016130627.352.36$751
Dec 2015124732.362.00$527
Nov 2015023538.792.17$509
Oct 2015131043.552.43$796
Sep 2015021242.992.76$585
Aug 2015122640.162.87$689
Jul 2015022548.152.95$663
Jun 2015124356.152.88$757
May 2015119255.212.96$623
Apr 2015030549.822.71$826
Mar 2015017042.892.93$499
Feb 2015018444.662.98$548
Jan 2015019143.433.10$592
Dec 2014021454.693.59$769
Nov 2014024770.464.25$1,050
Oct 2014139978.303.90$1,635
Sep 2014048386.164.05$1,954
Aug 201411,62489.394.04$6,642
Jul 20140096.564.18$0
Jun 2014061098.164.74$2,890
May 201412,95194.734.73$14,043
Apr 201414,37895.944.81$21,150
Mar 201413,45795.895.06$17,577
Feb 201415997.406.19$463
Jan 2014011890.404.86$574
Dec 20130091.824.35$0
Nov 20133088.853.74$267
Oct 20130797.423.78$26
Sep 20130251104.113.72$933
Aug 20130250104.253.52$881
Jul 20130332102.523.72$1,234
Jun 201306894.403.93$267
May 2013012694.834.15$523
Apr 2013016793.964.28$715
Mar 2013015093.623.91$587
Feb 2013025891.233.42$882
Jan 2013011591.603.42$393
Dec 2012013886.773.42$472
Nov 2012017786.953.62$642
Oct 2012015389.383.40$520
Sep 2012017394.672.92$505
Aug 201206292.662.91$180
Jul 201207885.133.02$236
Jun 201206679.822.52$166
May 2012013591.612.49$336
Apr 20120137101.652.00$274
Mar 20120139105.052.22$309
Feb 20120126101.102.57$324
Jan 20120098.092.73$0
Dec 2011014796.873.24$476
Nov 201102295.723.31$73
Oct 201108484.983.65$306
Sep 2011016983.623.99$674
Aug 201107883.404.15$324
Jul 201107194.144.52$321
Jun 2011014392.904.64$664
May 201104098.134.40$176
Apr 2011068105.964.33$295
Mar 2011014896.364.06$600
Feb 2011020085.644.18$836
Jan 2011031886.504.59$1,459
Dec 2010040885.734.35$1,774
Nov 2010018280.843.80$691
Oct 2010020078.103.51$702
Sep 2010034372.633.98$1,365
Aug 2010068773.684.42$3,036
Jul 201001,26772.554.74$6,001
Jun 201001,65970.364.91$8,146
May 2010042571.124.24$1,800
Apr 2010058981.694.12$2,428
Mar 201001,04078.394.39$4,564
Feb 201001,21073.585.44$6,585
Jan 201002,09074.365.96$12,465
Dec 200901,90271.445.48$10,430
Nov 200902,77474.593.75$10,407
Oct 200903,32672.544.11$13,671
Sep 200904,32565.543.06$13,255
Aug 200965,31167.423.22$17,498
Jul 200906,49161.133.46$22,488
Jun 2009067466.163.90$2,625
May 2009034754.743.93$1,362
Apr 2009032646.773.59$1,170
Mar 2009032342.144.06$1,311
Feb 2009030932.814.63$1,432
Jan 2009032935.865.37$1,767
Dec 2008031737.105.98$1,895
Nov 2008031355.496.86$2,147
Oct 2008033375.246.92$2,305
Sep 20080338101.767.88$2,662
Aug 20080386114.228.48$3,274
Jul 20080830131.0811.39$9,453
Jun 20080346131.3313.03$4,509
May 20080390123.1711.57$4,514
Apr 20080586110.3110.45$6,127
Mar 20080384101.909.66$3,711
Feb 2008046392.538.77$4,061
Jan 2008028390.388.21$2,322
Dec 2007030988.337.30$2,256
Nov 2007035091.677.29$2,552
Oct 2007047782.856.92$3,302
Sep 2007056675.846.24$3,534
Aug 2007069569.066.39$4,440
Jul 200702,32770.906.39$14,865
Jun 200701,64362.007.55$12,402
May 200702,84458.747.85$22,315
Apr 200702,12159.617.81$16,555
Mar 200703,13256.927.30$22,870
Feb 200701,55055.108.22$12,735
Jan 2007013050.306.73$874
Dec 2006038156.656.92$2,636
Nov 2006043154.207.62$3,283
Oct 2006042254.906.01$2,538
Sep 2006037760.085.04$1,899
Aug 2006039468.717.34$2,892
Jul 2006044369.376.34$2,810
Jun 2006067466.286.38$4,303
May 2006073566.016.42$4,722
Apr 2006072164.397.36$5,307
Mar 2006080056.707.08$5,666
Feb 200601,50357.597.75$11,650
Jan 2006079260.598.93$7,075
Dec 200501,49054.9413.42$19,989
Nov 200503,12954.6910.59$33,131
Oct 200503,59458.3413.80$49,582
Sep 200503,50861.4512.08$42,373
Aug 200502,64261.519.80$25,883
Jul 2005059355.697.84$4,651
Jun 200505152.337.38$376
May 200509345.226.65$619
Apr 200501,19149.207.36$8,766
Mar 200505650.377.15$401
Feb 2005015145.226.31$953
Jan 200501,69143.166.32$10,691
Dec 200402,90739.866.75$19,625
Nov 200403,51945.286.33$22,277
Oct 200424,84449.706.52$31,659
Sep 200404,59143.245.28$24,258
Aug 200404,55342.375.55$25,272
Jul 200404,17938.286.08$25,426
Jun 200422,96436.106.43$19,140
May 200402,66337.486.49$17,295
Apr 200402,90334.475.86$17,007
Mar 200404,38134.365.53$24,228
Feb 200414,22932.455.51$23,333
Jan 200407,20432.036.30$45,383
Dec 200325,32930.266.30$33,642
Nov 200305,34028.804.60$24,538
Oct 200304,40628.174.76$20,971
Sep 200304,10226.314.75$19,482
Aug 200306,82829.765.13$35,026
Jul 200316,45029.415.17$33,381
Jun 200304,52528.565.98$27,073
May 200308,48326.595.97$50,666
Apr 200306,65326.675.41$35,975
Mar 200307,25331.146.10$44,215
Feb 200308,37233.487.93$66,355
Jan 2003010,77530.315.58$60,146
Dec 2002012,97026.914.85$62,953
Nov 2002015,11024.664.14$62,509
Oct 2002017,82526.464.23$75,384
Sep 2002123,60527.443.64$85,836
Aug 2002126,00525.963.16$82,310
Jul 2002013,77924.583.06$42,188
Jun 2002020,08023.733.34$67,032
May 2002241,41424.663.58$148,477
Apr 2002177,29823.653.51$271,519
Mar 2002096,67522.003.10$299,955

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                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/188516 is the state's own key, not one this site invented.