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 196170District 04Field 171305502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jun 2003 – May 2026
Value, last 12 filed months
$8 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 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 Gas112003-09-25153055
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
CondensateDisposition246 bbl$9,291
GasProduction320,386 Mcf$1,745,051
Total$1,754,342

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 27.0278, -99.1414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02779, -99.14144 · 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

42-505346853610,500 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 20260172106.413.05$524
Apr 2026017998.932.87$514
Mar 2026021089.753.15$661
Feb 2026015863.503.75$593
Jan 2026018159.138.00$1,448
Dec 2025018256.664.41$803
Nov 2025018958.593.93$742
Oct 2025017859.383.30$588
Sep 2025017562.743.08$538
Aug 2025019163.933.01$576
Jul 2025019866.743.32$656
Jun 2025016866.483.13$526
May 2025020060.553.23$646
Apr 2025019262.363.54$680
Mar 2025022567.704.27$960
Feb 2025021570.884.34$933
Jan 2025023374.324.28$997
Dec 2024027368.993.12$852
Nov 2024022569.052.20$495
Oct 2024025371.372.28$577
Sep 2024024269.612.36$572
Aug 2024019575.632.06$402
Jul 2024017779.932.15$380
Jun 2024016478.082.63$432
May 2024018178.812.20$398
Apr 2024018384.451.66$304
Mar 2024018680.301.55$287
Feb 2024520576.091.78$746
Jan 2024026773.023.30$880
Dec 2023033471.262.61$872
Nov 2023090277.892.81$2,532
Oct 202302,43585.443.09$7,518
Sep 2023031789.042.74$867
Aug 2023019480.522.67$519
Jul 2023019474.852.64$513
Jun 2023017968.962.26$404
May 2023118670.622.23$485
Apr 2023020178.122.24$450
Mar 2023018572.852.39$443
Feb 2023217475.112.47$579
Jan 2023023276.533.39$786
Dec 2022016876.415.73$962
Nov 2022318285.005.65$1,283
Oct 2022020187.185.86$1,179
Sep 2022020084.888.16$1,633
Aug 2022022494.529.13$2,044
Jul 20220194101.587.54$1,463
Jun 20220188115.097.98$1,500
May 20220203109.378.43$1,712
Apr 20220217104.226.84$1,484
Mar 20221222108.885.08$1,236
Feb 2022022091.054.86$1,069
Jan 2022024981.844.54$1,130
Dec 2021022871.323.90$889
Nov 2021021977.435.24$1,147
Oct 2021023479.795.71$1,337
Sep 2021124069.865.35$1,354
Aug 2021028966.024.22$1,220
Jul 2021023070.783.98$916
Jun 2021030669.493.38$1,034
May 2021046163.483.02$1,391
Apr 2021056060.362.76$1,545
Mar 2021091361.302.72$2,481
Feb 2021033657.805.55$1,864
Jan 2021045850.412.81$1,287
Dec 2020328244.642.68$888
Nov 2020030038.772.71$812
Oct 2020038336.972.48$949
Sep 2020061537.091.99$1,224
Aug 2020139939.982.39$992
Jul 2020068538.371.83$1,250
Jun 2020129134.901.69$527
May 2020051316.921.81$931
Apr 2020075314.751.80$1,359
Mar 2020026830.341.86$497
Feb 2020129649.881.98$636
Jan 2020133657.252.09$761
Dec 2019023459.012.30$539
Nov 2019329155.302.75$966
Oct 2019032953.472.42$796
Sep 2019054955.052.66$1,459
Aug 201901,04553.112.30$2,408
Jul 2019029156.272.46$716
Jun 2019025252.782.49$628
May 2019134958.482.74$1,015
Apr 2019238462.632.75$1,182
Mar 2019047456.803.06$1,451
Feb 2019321450.852.79$750
Jan 2019125646.033.23$872
Dec 2018033446.594.19$1,398
Nov 2018042152.934.24$1,784
Oct 2018732061.443.40$1,517
Sep 2018032959.543.11$1,023
Aug 2018038859.403.07$1,190
Jul 2018040465.142.93$1,184
Jun 2018031060.183.08$954
May 2018149565.382.90$1,501
Apr 201801,32363.842.90$3,838
Mar 2018069861.222.79$1,945
Feb 2018131961.782.77$944
Jan 2018032262.874.01$1,291
Dec 2017039157.272.92$1,142
Nov 2017053455.423.12$1,665
Oct 2017178349.292.98$2,386
Sep 2017061247.523.09$1,889
Aug 2017073345.373.00$2,202
Jul 2017031043.873.09$957
Jun 2017151142.493.09$1,620
May 2017027445.373.26$894
Apr 2017030047.933.21$963
Mar 2017033946.772.98$1,011
Feb 2017040550.452.95$1,196
Jan 2017036149.413.42$1,234
Dec 2016043748.763.72$1,627
Nov 2016056042.492.64$1,481
Oct 2016030246.193.09$933
Sep 2016232741.553.10$1,097
Aug 2016034741.442.92$1,015
Jul 2016043541.622.92$1,272
Jun 2016155745.352.69$1,541
May 2016032842.521.99$653
Apr 2016136536.561.99$763
Mar 2016266933.011.79$1,266
Feb 2016058226.472.06$1,201
Jan 2016163227.352.36$1,522
Dec 2015138032.362.00$793
Nov 2015052538.792.17$1,138
Oct 2015151443.552.43$1,291
Sep 2015047142.992.76$1,299
Aug 2015149840.162.87$1,471
Jul 2015045348.152.95$1,334
Jun 2015154156.152.88$1,616
May 2015150855.212.96$1,557
Apr 2015051349.822.71$1,388
Mar 2015050442.892.93$1,479
Feb 2015448744.662.98$1,628
Jan 2015064743.433.10$2,006
Dec 2014081254.693.59$2,916
Nov 201401,13470.464.25$4,822
Oct 201411,14978.303.90$4,561
Sep 2014057386.164.05$2,318
Aug 2014185389.394.04$3,531
Jul 2014143796.564.18$1,923
Jun 2014041998.164.74$1,985
May 2014056394.734.73$2,661
Apr 201401,31495.944.81$6,319
Mar 2014036995.895.06$1,866
Feb 2014044997.406.19$2,780
Jan 2014057890.404.86$2,810
Dec 2013183591.824.35$3,728
Nov 2013336788.853.74$1,639
Oct 2013047297.423.78$1,784
Sep 20130436104.113.72$1,621
Aug 20130482104.253.52$1,698
Jul 20130657102.523.72$2,443
Jun 2013055194.403.93$2,167
May 2013088394.834.15$3,664
Apr 2013047593.964.28$2,034
Mar 2013059693.623.91$2,332
Feb 2013046991.233.42$1,604
Jan 2013040391.603.42$1,378
Dec 2012078186.773.42$2,671
Nov 201201,58786.953.62$5,753
Oct 2012023889.383.40$809
Sep 2012021694.672.92$630
Aug 2012035692.662.91$1,035
Jul 2012042385.133.02$1,278
Jun 2012036979.822.52$930
May 2012036291.612.49$901
Apr 20120503101.652.00$1,004
Mar 20121703105.052.22$1,667
Feb 20120536101.102.57$1,378
Jan 201201,37598.092.73$3,759
Dec 201101,25796.873.24$4,072
Nov 2011034995.723.31$1,156
Oct 2011039584.983.65$1,441
Sep 2011035583.623.99$1,415
Aug 2011040883.404.15$1,693
Jul 2011039894.144.52$1,798
Jun 2011038792.904.64$1,796
May 2011030098.134.40$1,321
Apr 20110452105.964.33$1,959
Mar 2011054496.364.06$2,207
Feb 2011044785.644.18$1,868
Jan 2011063186.504.59$2,896
Dec 2010089985.734.35$3,909
Nov 2010060180.843.80$2,281
Oct 2010061878.103.51$2,168
Sep 2010061172.633.98$2,431
Aug 2010057173.684.42$2,523
Jul 2010046372.554.74$2,193
Jun 2010050170.364.91$2,460
May 2010051971.124.24$2,198
Apr 2010053181.694.12$2,189
Mar 2010058578.394.39$2,567
Feb 2010050373.585.44$2,738
Jan 2010085374.365.96$5,087
Dec 200901,42871.445.48$7,831
Nov 200902,53874.593.75$9,521
Oct 2009040772.544.11$1,673
Sep 2009032265.543.06$987
Aug 2009014567.423.22$467
Jul 2009029561.133.46$1,022
Jun 2009033366.163.90$1,297
May 2009055954.743.93$2,194
Apr 200901,37646.773.59$4,936
Mar 2009042942.144.06$1,741
Feb 2009033032.814.63$1,529
Jan 2009032335.865.37$1,735
Dec 2008032437.105.98$1,937
Nov 2008027055.496.86$1,852
Oct 2008035775.246.92$2,471
Sep 20080338101.767.88$2,662
Aug 20080316114.228.48$2,681
Jul 20080454131.0811.39$5,171
Jun 20080514131.3313.03$6,699
May 200801,076123.1711.57$12,454
Apr 20080665110.3110.45$6,952
Mar 20080657101.909.66$6,349
Feb 200801,16992.538.77$10,253
Jan 200802,69890.388.21$22,139
Dec 2007048188.337.30$3,512
Nov 2007059691.677.29$4,346
Oct 200701,73882.856.92$12,030
Sep 2007057275.846.24$3,572
Aug 2007057469.066.39$3,667
Jul 2007049570.906.39$3,162
Jun 2007049462.007.55$3,729
May 2007059858.747.85$4,692
Apr 2007064559.617.81$5,034
Mar 2007097956.927.30$7,149
Feb 200701,10555.108.22$9,079
Jan 200701,75150.306.73$11,779
Dec 200611,97856.656.92$13,741
Nov 200601,46954.207.62$11,190
Oct 2006061854.906.01$3,717
Sep 2006074460.085.04$3,748
Aug 2006086068.717.34$6,312
Jul 200601,16869.376.34$7,408
Jun 200602,13666.286.38$13,636
May 200644,49366.016.42$29,132
Apr 200602,20664.397.36$16,237
Mar 200601,39756.707.08$9,895
Feb 2006097357.597.75$7,542
Jan 200601,11160.598.93$9,925
Dec 200501,55054.9413.42$20,794
Nov 200502,69154.6910.59$28,493
Oct 200503,05858.3413.80$42,187
Sep 200501,30761.4512.08$15,787
Aug 200501,72261.519.80$16,870
Jul 200501,24455.697.84$9,757
Jun 200501,33652.337.38$9,861
May 200501,03145.226.65$6,857
Apr 2005090249.207.36$6,639
Mar 2005064050.377.15$4,579
Feb 2005089545.226.31$5,649
Jan 200503,34243.166.32$21,129
Dec 200411,66039.866.75$11,247
Nov 200402,16745.286.33$13,718
Oct 200423,61049.706.52$23,619
Sep 200402,17243.245.28$11,477
Aug 200402,11842.375.55$11,756
Jul 200402,34038.286.08$14,237
Jun 200402,20036.106.43$14,153
May 200402,22237.486.49$14,431
Apr 200402,87334.475.86$16,831
Mar 200404,01134.365.53$22,181
Feb 200415,54432.455.51$30,578
Jan 200403,03132.036.30$19,094
Dec 2003103,46430.266.30$22,131
Nov 200304,31428.804.60$19,824
Oct 20031567,69328.174.76$41,010
Sep 200359,92526.314.75$47,269
Aug 2003013,68229.765.13$70,185
Jul 2003130,51429.415.17$157,812
Jun 2003063,86228.565.98$382,084

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                  172 Mcf  × $  3.05 =       $524

────────────────────────────────────────────────────
Month total                                     $524

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/196170 is the state's own key, not one this site invented.