FROST NATIONAL BANK

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

Gas lease lease 192421District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Nov 2002 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
283
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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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 Gas112003-05-06150874
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
CondensateDisposition792 bbl$52,608
GasProduction287,431 Mcf$1,468,557
Total$1,521,165

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 27.4500, -99.1071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45002, -99.10707 · 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
9,600 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 9,600 ft.

Completions filed
Nov 2002
1 of 1 wells

1 well

42-47938194859,600 ftNov 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 (283)

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

283 months

May 20260191106.413.05$582
Apr 202607698.932.87$218
Mar 2026311389.753.15$625
Feb 2026022263.503.75$833
Jan 2026026359.138.00$2,103
Dec 2025146256.664.41$2,096
Nov 2025021858.593.93$856
Oct 2025021559.383.30$711
Sep 2025123062.743.08$770
Aug 2025023863.933.01$718
Jul 2025119466.743.32$710
Jun 2025030466.483.13$951
May 2025026160.553.23$844
Apr 2025123962.363.54$909
Mar 2025031367.704.27$1,336
Feb 2025131770.884.34$1,447
Jan 2025028474.324.28$1,215
Dec 2024236168.993.12$1,265
Nov 2024031669.052.20$695
Oct 2024241871.372.28$1,096
Sep 20240069.612.36$0
Aug 2024423675.632.06$790
Jul 2024047279.932.15$1,013
Jun 2024036478.082.63$959
May 2024033778.812.20$741
Apr 2024047384.451.66$785
Mar 2024040180.301.55$620
Feb 2024029776.091.78$530
Jan 2024035973.023.30$1,184
Dec 2023034971.262.61$911
Nov 2023022577.892.81$632
Oct 2023028985.443.09$892
Sep 2023018789.042.74$511
Aug 2023025880.522.67$690
Jul 202309674.852.64$254
Jun 2023015668.962.26$352
May 2023011270.622.23$249
Apr 2023037278.122.24$832
Mar 2023059572.852.39$1,424
Feb 2023051975.112.47$1,280
Jan 2023056576.533.39$1,914
Dec 2022046076.415.73$2,635
Nov 2022051585.005.65$2,908
Oct 2022054687.185.86$3,202
Sep 2022051284.888.16$4,180
Aug 2022054594.529.13$4,974
Jul 20220568101.587.54$4,284
Jun 20220558115.097.98$4,451
May 20220580109.378.43$4,891
Apr 20220564104.226.84$3,856
Mar 20220500108.885.08$2,538
Feb 2022046691.054.86$2,264
Jan 2022050881.844.54$2,305
Dec 2021052671.323.90$2,051
Nov 2021047377.435.24$2,477
Oct 2021049979.795.71$2,851
Sep 2021050269.865.35$2,686
Aug 2021051966.024.22$2,190
Jul 2021153270.783.98$2,189
Jun 2021051569.493.38$1,741
May 20212059463.483.02$3,062
Apr 2021056460.362.76$1,556
Mar 2021056761.302.72$1,541
Feb 2021043557.805.55$2,413
Jan 2021047150.412.81$1,324
Dec 2020057144.642.68$1,528
Nov 2020056638.772.71$1,532
Oct 2020060136.972.48$1,490
Sep 2020057337.091.99$1,141
Aug 2020059439.982.39$1,417
Jul 2020059738.371.83$1,090
Jun 2020064434.901.69$1,089
May 2020063316.921.81$1,149
Apr 2020063214.751.80$1,140
Mar 2020066530.341.86$1,234
Feb 2020058149.881.98$1,151
Jan 2020058957.252.09$1,234
Dec 2019053159.012.30$1,224
Nov 20197855455.302.75$5,837
Oct 2019055453.472.42$1,340
Sep 2019021355.052.66$566
Aug 2019022953.112.30$528
Jul 2019029556.272.46$726
Jun 2019177852.782.49$1,991
May 2019274558.482.74$2,159
Apr 20191260462.632.75$2,413
Mar 2019049956.803.06$1,528
Feb 201911341550.852.79$6,905
Jan 2019033846.033.23$1,091
Dec 2018033646.594.19$1,406
Nov 2018032252.934.24$1,364
Oct 2018045761.443.40$1,553
Sep 2018074859.543.11$2,325
Aug 2018093259.403.07$2,858
Jul 201801,09565.142.93$3,210
Jun 201801,03660.183.08$3,188
May 201801,06565.382.90$3,089
Apr 2018094863.842.90$2,750
Mar 201801,02561.222.79$2,857
Feb 2018091961.782.77$2,542
Jan 2018089062.874.01$3,568
Dec 2017077957.272.92$2,276
Nov 2017087155.423.12$2,716
Oct 2017089449.292.98$2,667
Sep 201701,08947.523.09$3,362
Aug 201701,38645.373.00$4,164
Jul 201701,38743.873.09$4,282
Jun 201701,19942.493.09$3,702
May 201701,04945.373.26$3,423
Apr 2017090747.933.21$2,913
Mar 2017093846.772.98$2,799
Feb 2017082550.452.95$2,436
Jan 2017088649.413.42$3,029
Dec 2016086448.763.72$3,217
Nov 2016084342.492.64$2,229
Oct 2016083746.193.09$2,587
Sep 2016081541.553.10$2,527
Aug 2016089441.442.92$2,614
Jul 2016085441.622.92$2,497
Jun 2016089645.352.69$2,407
May 2016091242.521.99$1,816
Apr 2016093336.561.99$1,858
Mar 2016095133.011.79$1,706
Feb 201601,08826.472.06$2,245
Jan 20167591327.352.36$4,210
Dec 2015063732.362.00$1,275
Nov 2015080038.792.17$1,734
Oct 2015086343.552.43$2,094
Sep 2015086942.992.76$2,397
Aug 2015090740.162.87$2,605
Jul 2015089948.152.95$2,648
Jun 2015084856.152.88$2,445
May 2015079355.212.96$2,344
Apr 2015078849.822.71$2,133
Mar 2015069742.892.93$2,045
Feb 2015078344.662.98$2,330
Jan 2015084043.433.10$2,605
Dec 2014086854.693.59$3,117
Nov 2014083070.464.25$3,529
Oct 2014085078.303.90$3,316
Sep 2014082086.164.05$3,317
Aug 2014082389.394.04$3,321
Jul 2014081596.564.18$3,406
Jun 20147998198.164.74$12,402
May 201401,04794.734.73$4,949
Apr 2014088595.944.81$4,256
Mar 2014092595.895.06$4,678
Feb 20144883197.406.19$9,821
Jan 2014090690.404.86$4,404
Dec 2013088091.824.35$3,832
Nov 2013083788.853.74$3,129
Oct 2013092697.423.78$3,500
Sep 20130909104.113.72$3,379
Aug 20130972104.253.52$3,424
Jul 20130960102.523.72$3,569
Jun 2013088594.403.93$3,481
May 2013098894.834.15$4,099
Apr 2013096693.964.28$4,137
Mar 201301,03793.623.91$4,058
Feb 201301,30991.233.42$4,477
Jan 201301,80791.603.42$6,180
Dec 201201,66386.773.42$5,688
Nov 2012087786.953.62$3,179
Oct 2012092389.383.40$3,138
Sep 201201,00594.672.92$2,933
Aug 201201,13292.662.91$3,292
Jul 201201,16385.133.02$3,513
Jun 201201,12079.822.52$2,821
May 201201,09791.612.49$2,730
Apr 201201,113101.652.00$2,222
Mar 2012721,177105.052.22$10,179
Feb 201201,114101.102.57$2,863
Jan 201201,13298.092.73$3,095
Dec 2011068696.873.24$2,222
Nov 2011099095.723.31$3,278
Oct 201101,15884.983.65$4,225
Sep 201101,20583.623.99$4,803
Aug 201101,13683.404.15$4,714
Jul 201101,31594.144.52$5,940
Jun 201101,30692.904.64$6,060
May 201101,28898.134.40$5,673
Apr 201101,271105.964.33$5,508
Mar 201101,36096.364.06$5,518
Feb 2011081285.644.18$3,394
Jan 2011083786.504.59$3,841
Dec 2010090385.734.35$3,926
Nov 2010087080.843.80$3,302
Oct 2010087678.103.51$3,074
Sep 2010092172.633.98$3,665
Aug 20101061,24173.684.42$13,295
Jul 201001,07672.554.74$5,096
Jun 201001,12970.364.91$5,544
May 201001,21571.124.24$5,146
Apr 201001,07481.694.12$4,428
Mar 201001,03278.394.39$4,529
Feb 2010082073.585.44$4,463
Jan 2010080474.365.96$4,795
Dec 2009071171.445.48$3,899
Nov 2009074974.593.75$2,810
Oct 2009073972.544.11$3,037
Sep 2009083965.543.06$2,571
Aug 2009089867.423.22$2,890
Jul 200901,00261.133.46$3,471
Jun 2009087266.163.90$3,396
May 2009094954.743.93$3,726
Apr 2009091246.773.59$3,272
Mar 2009089542.144.06$3,633
Feb 2009087632.814.63$4,059
Jan 2009096635.865.37$5,188
Dec 200801,06837.105.98$6,384
Nov 2008083855.496.86$5,749
Oct 200801,39475.246.92$9,649
Sep 200801,268101.767.88$9,988
Aug 200801,403114.228.48$11,902
Jul 200801,394131.0811.39$15,877
Jun 200801,138131.3313.03$14,831
May 200801,090123.1711.57$12,616
Apr 200801,254110.3110.45$13,110
Mar 200801,579101.909.66$15,260
Feb 200801,52692.538.77$13,384
Jan 200801,66090.388.21$13,622
Dec 200701,68588.337.30$12,304
Nov 200701,66291.677.29$12,119
Oct 200701,75982.856.92$12,176
Sep 200701,57775.846.24$9,847
Aug 200701,77369.066.39$11,326
Jul 200701,63170.906.39$10,419
Jun 200701,77662.007.55$13,406
May 200701,87558.747.85$14,712
Apr 200701,84759.617.81$14,416
Mar 200701,74456.927.30$12,735
Feb 200701,66055.108.22$13,639
Jan 200701,54750.306.73$10,406
Dec 200601,58856.656.92$10,986
Nov 200601,37354.207.62$10,459
Oct 200601,05654.906.01$6,351
Sep 200601,44660.085.04$7,284
Aug 200601,35468.717.34$9,938
Jul 2006751,64669.376.34$15,643
Jun 200601,57266.286.38$10,035
May 200601,75866.016.42$11,295
Apr 200601,19064.397.36$8,759
Mar 200602,11156.707.08$14,952
Feb 200601,86857.597.75$14,479
Jan 2006090460.598.93$8,076
Dec 200502,47354.9413.42$33,176
Nov 200501,23354.6910.59$13,056
Oct 200501,23058.3413.80$16,969
Sep 200501,03061.4512.08$12,441
Aug 2005029961.519.80$2,929
Jul 200501,37555.697.84$10,785
Jun 200501,35752.337.38$10,016
May 200501,92845.226.65$12,823
Apr 200501,73549.207.36$12,770
Mar 200508550.377.15$608
Feb 2005035345.226.31$2,228
Jan 2005941,60743.166.32$14,217
Dec 200401,75339.866.75$11,835
Nov 200401,41445.286.33$8,951
Oct 200401,45749.706.52$9,493
Sep 200401,03443.245.28$5,464
Aug 200401,94442.375.55$10,790
Jul 200401,97138.286.08$11,992
Jun 2004064736.106.43$4,162
May 200401,89637.486.49$12,314
Apr 200402,43534.475.86$14,265
Mar 200402,58834.365.53$14,312
Feb 200402,46032.455.51$13,554
Jan 200402,14532.036.30$13,513
Dec 200302,82630.266.30$17,808
Nov 200303,03328.804.60$13,937
Oct 200303,23828.174.76$15,412
Sep 200302,93926.314.75$13,958
Aug 200303,04629.765.13$15,625
Jul 200302,99229.415.17$15,471
Jun 200302,41728.565.98$14,461
May 200303,63526.595.97$21,711
Apr 200303,57226.675.41$19,315
Mar 200303,73631.146.10$22,775
Feb 200303,39433.487.93$26,900
Jan 200303,86430.315.58$21,569
Dec 200204,09326.914.85$19,866
Nov 200201,95324.664.14$8,079

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                  191 Mcf  × $  3.05 =       $582

────────────────────────────────────────────────────
Month total                                     $582

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/192421 is the state's own key, not one this site invented.