VILLARREAL

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

Gas lease lease 196022District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.2 M
Jun 2003 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
276
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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered
2004-09-01
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 Gas112004-02-11153976
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
CondensateDisposition33 bbl$2,950
GasProduction3,216,199 Mcf$19,191,512
Total$19,194,462

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 26.9365, -99.2732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.93653, -99.27323 · 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
10,500 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 10,500 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-50534734110,500 ftJun 2003

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 (276)

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

276 months

May 202602,606106.413.05$7,937
Apr 202601,38898.932.87$3,983
Mar 202602,15889.753.15$6,796
Feb 202602,15063.503.75$8,063
Jan 202602,94059.138.00$23,514
Dec 202503,85256.664.41$17,000
Nov 202503,37358.593.93$13,244
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250163.933.01$3
Jul 20250166.743.32$3
Jun 20250166.483.13$3
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025062670.884.34$2,717
Jan 202502,30274.324.28$9,850
Dec 202401,25168.993.12$3,905
Nov 202401,82069.052.20$4,001
Oct 202401,95071.372.28$4,449
Sep 202402,03769.612.36$4,816
Aug 202402,03675.632.06$4,202
Jul 202402,11979.932.15$4,549
Jun 202402,21678.082.63$5,837
May 202402,46578.812.20$5,419
Apr 2024073384.451.66$1,216
Mar 202401,78680.301.55$2,760
Feb 202402,50976.091.78$4,475
Jan 202401,79673.023.30$5,923
Dec 202302,69371.262.61$7,031
Nov 202301,90677.892.81$5,351
Oct 202301,95685.443.09$6,039
Sep 202302,49389.042.74$6,818
Aug 202302,68280.522.67$7,169
Jul 202302,46474.852.64$6,509
Jun 202301,86468.962.26$4,210
May 202301,92670.622.23$4,290
Apr 202301,94978.122.24$4,361
Mar 202302,07172.852.39$4,956
Feb 202301,90075.112.47$4,685
Jan 2023088876.533.39$3,008
Dec 202201,06576.415.73$6,101
Nov 2022094185.005.65$5,313
Oct 2022064287.185.86$3,765
Sep 2022075084.888.16$6,123
Aug 202201,11094.529.13$10,131
Jul 202201,481101.587.54$11,170
Jun 202201,554115.097.98$12,397
May 202201,664109.378.43$14,033
Apr 202201,436104.226.84$9,819
Mar 202201,630108.885.08$8,275
Feb 202201,51591.054.86$7,361
Jan 202201,61281.844.54$7,315
Dec 202101,83371.323.90$7,147
Nov 202101,90477.435.24$9,971
Oct 202101,89779.795.71$10,839
Sep 202102,00169.865.35$10,707
Aug 202102,02466.024.22$8,542
Jul 202102,23470.783.98$8,896
Jun 202102,39169.493.38$8,083
May 202102,64263.483.02$7,973
Apr 202101,43660.362.76$3,961
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021070850.412.81$1,990
Dec 202002,22744.642.68$5,958
Nov 202001,96438.772.71$5,316
Oct 202002,07536.972.48$5,143
Sep 202002,09537.091.99$4,171
Aug 202002,11939.982.39$5,054
Jul 202002,28338.371.83$4,167
Jun 202002,25734.901.69$3,815
May 202002,40716.921.81$4,368
Apr 202002,49914.751.80$4,509
Mar 202002,73830.341.86$5,082
Feb 202002,80849.881.98$5,562
Jan 202002,59857.252.09$5,442
Dec 201901,20759.012.30$2,781
Nov 201901,16655.302.75$3,207
Oct 201902,35953.472.42$5,705
Sep 201901,73055.052.66$4,597
Aug 201902,58153.112.30$5,948
Jul 201901,19656.272.46$2,942
Jun 201901,68952.782.49$4,208
May 201901,08058.482.74$2,960
Apr 201901,08362.632.75$2,979
Mar 2019082656.803.06$2,529
Feb 201901,11750.852.79$3,119
Jan 2019080846.033.23$2,608
Dec 2018086646.594.19$3,625
Nov 201801,44652.934.24$6,127
Oct 2018080161.443.40$2,722
Sep 201801,12459.543.11$3,493
Aug 201801,32959.403.07$4,075
Jul 201801,97065.142.93$5,776
Jun 201801,80360.183.08$5,548
May 201801,66865.382.90$4,839
Apr 201801,76863.842.90$5,129
Mar 201801,85161.222.79$5,158
Feb 201801,75661.782.77$4,857
Jan 201801,66662.874.01$6,680
Dec 201701,99457.272.92$5,826
Nov 201701,74355.423.12$5,435
Oct 201702,43949.292.98$7,277
Sep 201701,84647.523.09$5,699
Aug 201702,44045.373.00$7,331
Jul 201702,85843.873.09$8,823
Jun 201703,15742.493.09$9,747
May 201702,95045.373.26$9,627
Apr 201702,64447.933.21$8,491
Mar 201701,91346.772.98$5,708
Feb 201701,99450.452.95$5,887
Jan 201702,45349.413.42$8,386
Dec 201602,77748.763.72$10,338
Nov 201602,93142.492.64$7,751
Oct 201603,26646.193.09$10,093
Sep 201602,87841.553.10$8,924
Aug 201603,49341.442.92$10,215
Jul 201603,55941.622.92$10,408
Jun 201602,96345.352.69$7,958
May 201602,58142.521.99$5,139
Apr 201603,02636.561.99$6,025
Mar 201603,52533.011.79$6,324
Feb 201603,47426.472.06$7,169
Jan 201603,96627.352.36$9,377
Dec 201503,96032.362.00$7,926
Nov 201504,27738.792.17$9,270
Oct 201503,52043.552.43$8,542
Sep 201503,75042.992.76$10,344
Aug 201503,14140.162.87$9,022
Jul 201501,74448.152.95$5,136
Jun 201501,63656.152.88$4,716
May 201502,31355.212.96$6,836
Apr 201501,57249.822.71$4,255
Mar 201501,88642.892.93$5,535
Feb 201501,91044.662.98$5,685
Jan 201501,74743.433.10$5,417
Dec 201402,14354.693.59$7,696
Nov 201401,84870.464.25$7,857
Oct 201403,62578.303.90$14,141
Sep 201403,94986.164.05$15,975
Aug 20140089.394.04$0
Jul 201414,55596.564.18$19,135
Jun 201404,38698.164.74$20,776
May 201402,69494.734.73$12,733
Apr 201423,83695.944.81$18,640
Mar 201404,65595.895.06$23,539
Feb 201404,30697.406.19$26,663
Jan 201414,86290.404.86$23,723
Dec 201315,28191.824.35$23,088
Nov 201305,36888.853.74$20,067
Oct 201315,81697.423.78$22,078
Sep 201305,622104.113.72$20,901
Aug 201336,000104.253.52$21,448
Jul 201316,624102.523.72$24,729
Jun 201367,50194.403.93$30,071
May 201305,25494.834.15$21,799
Apr 201302,80593.964.28$12,013
Mar 201302,45593.623.91$9,606
Feb 201303,64591.233.42$12,466
Jan 201303,10391.603.42$10,612
Dec 201242,33586.773.42$8,333
Nov 201202,86686.953.62$10,389
Oct 201202,83989.383.40$9,652
Sep 201202,93794.672.92$8,571
Aug 201204,00092.662.91$11,633
Jul 201204,15085.133.02$12,536
Jun 201204,18979.822.52$10,552
May 201204,43291.612.49$11,028
Apr 201203,361101.652.00$6,711
Mar 201274,345105.052.22$10,390
Feb 201204,167101.102.57$10,710
Jan 201204,44798.092.73$12,158
Dec 201104,35796.873.24$14,116
Nov 201104,68895.723.31$15,523
Oct 201105,83784.983.65$21,297
Sep 201105,24783.623.99$20,913
Aug 201105,65483.404.15$23,460
Jul 201105,75794.144.52$26,006
Jun 201104,37592.904.64$20,299
May 201104,47598.134.40$19,712
Apr 201104,550105.964.33$19,716
Mar 201104,34296.364.06$17,617
Feb 201104,51785.644.18$18,881
Jan 201106,09286.504.59$27,955
Dec 201005,72685.734.35$24,895
Nov 201005,62080.843.80$21,330
Oct 201006,03878.103.51$21,187
Sep 201005,40672.633.98$21,513
Aug 201005,22473.684.42$23,087
Jul 201007,14772.554.74$33,852
Jun 201003,89470.364.91$19,121
May 201004,85671.124.24$20,566
Apr 201005,16081.694.12$21,273
Mar 201004,84878.394.39$21,276
Feb 201005,76873.585.44$31,392
Jan 201006,06774.365.96$36,184
Dec 200907,35871.445.48$40,349
Nov 200906,64074.593.75$24,910
Oct 200906,68572.544.11$27,477
Sep 200906,17965.543.06$18,937
Aug 200907,73667.423.22$24,898
Jul 200907,81261.133.46$27,065
Jun 200908,01166.163.90$31,203
May 200909,19754.743.93$36,105
Apr 200907,51546.773.59$26,960
Mar 200909,03542.144.06$36,673
Feb 200904,02732.814.63$18,657
Jan 200905,21835.865.37$28,026
Dec 2008011,73837.105.98$70,160
Nov 2008012,25155.496.86$84,046
Oct 2008012,86575.246.92$89,051
Sep 200808,931101.767.88$70,350
Aug 200809,438114.228.48$80,063
Jul 2008011,569131.0811.39$131,764
Jun 2008010,239131.3313.03$133,441
May 2008010,765123.1711.57$124,597
Apr 2008010,154110.3110.45$106,159
Mar 200809,609101.909.66$92,862
Feb 200809,66592.538.77$84,768
Jan 2008010,30390.388.21$84,544
Dec 2007011,48288.337.30$83,841
Nov 2007011,81691.677.29$86,159
Oct 2007011,36682.856.92$78,675
Sep 2007012,09975.846.24$75,548
Aug 2007011,89769.066.39$75,997
Jul 2007012,19070.906.39$77,869
Jun 2007013,47362.007.55$101,700
May 2007013,81558.747.85$108,396
Apr 2007014,78259.617.81$115,376
Mar 2007016,52856.927.30$120,687
Feb 2007013,49955.108.22$110,908
Jan 2007017,86250.306.73$120,155
Dec 2006018,68656.656.92$129,278
Nov 2006018,04054.207.62$137,419
Oct 2006519,71054.906.01$118,807
Sep 2006020,48660.085.04$103,192
Aug 2006020,43268.717.34$149,969
Jul 2006024,75769.376.34$157,028
Jun 2006021,66266.286.38$138,288
May 2006025,50266.016.42$163,850
Apr 2006026,58164.397.36$195,649
Mar 2006029,33656.707.08$207,785
Feb 2006029,87057.597.75$231,526
Jan 2006020,21760.598.93$180,605
Dec 2005029,84954.9413.42$400,436
Nov 2005034,36154.6910.59$363,828
Oct 2005039,24358.3413.80$541,387
Sep 2005033,69361.4512.08$406,978
Aug 2005040,32061.519.80$395,009
Jul 2005042,88855.697.84$336,398
Jun 2005044,83352.337.38$330,914
May 2005038,14345.226.65$253,695
Apr 2005042,32049.207.36$311,496
Mar 2005015,16450.377.15$108,497
Feb 2005022,53745.226.31$142,252
Jan 2005041,39043.166.32$261,676
Dec 2004042,16039.866.75$284,626
Nov 2004045,03945.286.33$285,116
Oct 2004054,52149.706.52$355,210
Sep 2004140,61143.245.28$214,628
Aug 2004040,67342.375.55$225,762
Jul 2004048,05038.286.08$292,345
Jun 2004057,08736.106.43$367,242
May 2004068,28537.486.49$443,482
Apr 2004079,21434.475.86$464,072
Mar 2004052,15534.365.53$288,424
Feb 2004077,51932.455.51$427,100
Jan 2004086,93732.036.30$547,672
Dec 20030107,68530.266.30$678,592
Nov 20030128,19928.804.60$589,095
Oct 20030159,34128.174.76$758,406
Sep 20030162,34726.314.75$771,044
Aug 20030150,73329.765.13$773,218
Jul 20030158,59629.415.17$820,075
Jun 2003048,56828.565.98$290,580

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                2,606 Mcf  × $  3.05 =     $7,937

────────────────────────────────────────────────────
Month total                                   $7,937

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/196022 is the state's own key, not one this site invented.