LUNDELL RANCH

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 197025District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Aug 2003 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
274
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 Gas112004-06-16156499
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
CondensateDisposition6,737 bbl$344,338
GasProduction623,082 Mcf$3,611,883
Total$3,956,220

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 27.5897, -99.0090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58968, -99.00896 · 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
11,500 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 11,500 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-479384301511,500 ftAug 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 (274)

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

274 months

May 2026039106.413.05$119
Apr 202608098.932.87$230
Mar 202603389.753.15$104
Feb 202609163.503.75$341
Jan 2026013559.138.00$1,080
Dec 202508456.664.41$371
Nov 2025035758.593.93$1,402
Oct 202513059.383.30$772
Sep 202506762.743.08$206
Aug 2025044363.933.01$1,336
Jul 2025039366.743.32$1,303
Jun 2025053566.483.13$1,674
May 2025057260.553.23$1,849
Apr 2025067762.363.54$2,399
Mar 2025058067.704.27$2,476
Feb 2025052170.884.34$2,262
Jan 2025079574.324.28$3,402
Dec 202401,43268.993.12$4,470
Nov 20241334569.052.20$1,656
Oct 2024030271.372.28$689
Sep 2024028369.612.36$669
Aug 2024031375.632.06$646
Jul 2024034179.932.15$732
Jun 2024034178.082.63$898
May 2024021778.812.20$477
Apr 2024037084.451.66$614
Mar 2024042880.301.55$661
Feb 2024048176.091.78$858
Jan 2024046173.023.30$1,520
Dec 2023052271.262.61$1,363
Nov 2023057677.892.81$1,617
Oct 2023080985.443.09$2,498
Sep 2023051789.042.74$1,414
Aug 2023051780.522.67$1,382
Jul 2023052174.852.64$1,376
Jun 2023048068.962.26$1,084
May 2023049370.622.23$1,098
Apr 2023046478.122.24$1,038
Mar 2023048772.852.39$1,165
Feb 2023044875.112.47$1,105
Jan 2023063776.533.39$2,158
Dec 2022084876.415.73$4,858
Nov 2022058085.005.65$3,275
Oct 2022051887.185.86$3,037
Sep 2022049084.888.16$4,000
Aug 2022051394.529.13$4,682
Jul 20220585101.587.54$4,412
Jun 20220525115.097.98$4,188
May 20220530109.378.43$4,470
Apr 20220620104.226.84$4,239
Mar 20220796108.885.08$4,041
Feb 2022048191.054.86$2,337
Jan 2022051381.844.54$2,328
Dec 2021052071.323.90$2,028
Nov 2021053377.435.24$2,791
Oct 2021054679.795.71$3,120
Sep 2021053269.865.35$2,847
Aug 2021050866.024.22$2,144
Jul 2021054570.783.98$2,170
Jun 2021054569.493.38$1,842
May 2021055963.483.02$1,687
Apr 2021029760.362.76$819
Mar 2021030861.302.72$837
Feb 2021025457.805.55$1,409
Jan 2021062450.412.81$1,754
Dec 2020070844.642.68$1,894
Nov 2020099438.772.71$2,690
Oct 202001,07936.972.48$2,674
Sep 2020045537.091.99$906
Aug 2020045739.982.39$1,090
Jul 2020045738.371.83$834
Jun 2020036334.901.69$614
May 2020365016.921.81$1,230
Apr 2020360314.751.80$1,132
Mar 202001,35830.341.86$2,521
Feb 202011,34749.881.98$2,718
Jan 202001,31757.252.09$2,759
Dec 201901,02059.012.30$2,350
Nov 201901,39455.302.75$3,834
Oct 2019044453.472.42$1,074
Sep 2019024555.052.66$651
Aug 2019033853.112.30$779
Jul 2019038656.272.46$950
Jun 2019027352.782.49$680
May 2019033958.482.74$929
Apr 2019033762.632.75$927
Mar 2019034456.803.06$1,053
Feb 2019026650.852.79$743
Jan 2019016846.033.23$542
Dec 2018032946.594.19$1,377
Nov 2018035252.934.24$1,492
Oct 2018053161.443.40$1,804
Sep 2018059059.543.11$1,834
Aug 201801,46059.403.07$4,477
Jul 201801,36265.142.93$3,993
Jun 201801,45960.183.08$4,489
May 2018021465.382.90$621
Apr 2018033563.842.90$972
Mar 2018025161.222.79$700
Feb 2018022961.782.77$633
Jan 2018028662.874.01$1,147
Dec 2017019157.272.92$558
Nov 2017019955.423.12$621
Oct 2017027749.292.98$826
Sep 2017033647.523.09$1,037
Aug 20172327845.373.00$1,879
Jul 20172254043.873.09$2,632
Jun 201709642.493.09$296
May 2017045945.373.26$1,498
Apr 2017020647.933.21$662
Mar 2017027446.772.98$818
Feb 2017019250.452.95$567
Jan 2017024749.413.42$844
Dec 2016021348.763.72$793
Nov 2016025142.492.64$664
Oct 2016025646.193.09$791
Sep 2016083841.553.10$2,598
Aug 2016034541.442.92$1,009
Jul 2016034541.622.92$1,009
Jun 2016034445.352.69$924
May 2016051442.521.99$1,023
Apr 2016050136.561.99$998
Mar 20167547433.011.79$3,326
Feb 2016029326.472.06$605
Jan 2016071827.352.36$1,698
Dec 2015030332.362.00$606
Nov 2015029638.792.17$642
Oct 2015032743.552.43$793
Sep 2015023342.992.76$643
Aug 2015038940.162.87$1,117
Jul 2015012248.152.95$359
Jun 2015043456.152.88$1,251
May 2015066155.212.96$1,954
Apr 2015068949.822.71$1,865
Mar 2015070942.892.93$2,081
Feb 2015056544.662.98$1,682
Jan 2015069143.433.10$2,143
Dec 2014078654.693.59$2,823
Nov 2014079970.464.25$3,397
Oct 2014074778.303.90$2,914
Sep 2014083986.164.05$3,394
Aug 20141161,23789.394.04$15,361
Jul 201401,15496.564.18$4,823
Jun 2014250698.164.74$2,593
May 201401,44394.734.73$6,820
Apr 201481,52295.944.81$8,087
Mar 2014011995.895.06$602
Feb 2014056897.406.19$3,517
Jan 201401,15890.404.86$5,629
Dec 201301,45891.824.35$6,349
Nov 201301,05588.853.74$3,944
Oct 201301,10697.423.78$4,180
Sep 201301,414104.113.72$5,257
Aug 201311,463104.253.52$5,258
Jul 201301,341102.523.72$4,985
Jun 20131051,71994.403.93$16,674
May 20131102,02594.834.15$18,833
Apr 2013212,48193.964.28$12,598
Mar 2013064293.623.91$2,512
Feb 2013018991.233.42$646
Jan 2013045391.603.42$1,549
Dec 2012012786.773.42$434
Nov 2012027686.953.62$1,000
Oct 2012041889.383.40$1,421
Sep 2012016694.672.92$484
Aug 2012026692.662.91$774
Jul 2012040185.133.02$1,211
Jun 2012052879.822.52$1,330
May 2012061291.612.49$1,523
Apr 20120618101.652.00$1,234
Mar 20120605105.052.22$1,344
Feb 20120581101.102.57$1,493
Jan 2012068698.092.73$1,876
Dec 2011053996.873.24$1,746
Nov 2011060995.723.31$2,017
Oct 2011088684.983.65$3,233
Sep 201101,04783.623.99$4,173
Aug 201101,06783.404.15$4,427
Jul 2011061594.144.52$2,778
Jun 2011095692.904.64$4,436
May 2011084698.134.40$3,726
Apr 20110929105.964.33$4,026
Mar 201101,38196.364.06$5,603
Feb 201101,33285.644.18$5,568
Jan 201101,42886.504.59$6,553
Dec 201001,39785.734.35$6,074
Nov 201001,33780.843.80$5,074
Oct 201001,55778.103.51$5,463
Sep 201071,50272.633.98$6,486
Aug 2010241,46973.684.42$8,260
Jul 2010451,38072.554.74$9,801
Jun 2010381,34370.364.91$9,268
May 2010181,50071.124.24$7,633
Apr 2010371,34081.694.12$8,547
Mar 2010561,48778.394.39$10,916
Feb 2010191,23373.585.44$8,108
Jan 2010721,65774.365.96$15,236
Dec 2009411,65271.445.48$11,988
Nov 2009711,53274.593.75$11,043
Oct 2009591,66072.544.11$11,103
Sep 2009721,44765.543.06$9,154
Aug 2009361,56667.423.22$7,467
Jul 200981,66561.133.46$6,257
Jun 2009201,47766.163.90$7,076
May 2009172,36154.743.93$10,199
Apr 200901,65346.773.59$5,930
Mar 200941,96342.144.06$8,136
Feb 2009231,89632.814.63$9,539
Jan 2009253,00835.865.37$17,052
Dec 2008272,76037.105.98$17,499
Nov 2008292,88555.496.86$21,401
Oct 2008451,83475.246.92$16,081
Sep 2008252,114101.767.88$19,196
Aug 2008274,539114.228.48$41,588
Jul 200852,872131.0811.39$33,366
Jun 2008162,311131.3313.03$32,220
May 2008391,939123.1711.57$27,246
Apr 2008312,443110.3110.45$28,961
Mar 2008412,572101.909.66$29,034
Feb 2008302,59292.538.77$25,509
Jan 2008363,12690.388.21$28,905
Dec 2007333,77188.337.30$30,451
Nov 2007313,30091.677.29$26,904
Oct 2007403,42182.856.92$26,994
Sep 2007283,05475.846.24$21,193
Aug 2007253,15569.066.39$21,880
Jul 2007353,44770.906.39$24,501
Jun 2007242,84362.007.55$22,948
May 2007303,08158.747.85$25,937
Apr 2007332,83459.617.81$24,087
Mar 2007312,92856.927.30$23,145
Feb 2007322,85055.108.22$25,179
Jan 2007323,19550.306.73$23,102
Dec 2006452,82656.656.92$22,101
Nov 2006293,26554.207.62$26,443
Oct 2006322,93454.906.01$19,401
Sep 2006353,69460.085.04$20,710
Aug 2006544,10468.717.34$33,833
Jul 2006444,37669.376.34$30,808
Jun 2006584,32566.286.38$31,455
May 2006764,15866.016.42$31,732
Apr 2006714,81264.397.36$39,990
Mar 2006603,98456.707.08$31,620
Feb 2006453,64457.597.75$30,837
Jan 2006824,04960.598.93$41,139
Dec 2005944,23454.9413.42$61,965
Nov 2005684,08954.6910.59$47,015
Oct 20051115,02058.3413.80$75,730
Sep 2005794,75361.4512.08$62,266
Aug 2005415,46061.519.80$56,013
Jul 2005725,02655.697.84$43,432
Jun 2005965,49252.337.38$45,560
May 2005945,51645.226.65$40,938
Apr 2005925,43749.207.36$44,545
Mar 2005845,28450.377.15$42,037
Feb 2005915,48245.226.31$38,717
Jan 2005976,85643.166.32$47,532
Dec 2004826,79039.866.75$49,108
Nov 2004666,90345.286.33$46,687
Oct 20041028,00549.706.52$57,223
Sep 2004888,36243.245.28$47,989
Aug 20041229,29442.375.55$56,757
Jul 200412010,02638.286.08$65,594
Jun 200417410,11736.106.43$71,364
May 200415410,90037.486.49$76,563
Apr 200419411,87234.475.86$76,239
Mar 200413614,24834.365.53$83,466
Feb 200419918,10032.455.51$106,182
Jan 200443423,52932.036.30$162,125
Dec 200335727,30630.266.30$182,875
Nov 200326834,47428.804.60$166,132
Oct 200360661,52128.174.76$309,889
Sep 20035217,75626.314.75$85,698
Aug 2003016,46529.765.13$84,461

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                   39 Mcf  × $  3.05 =       $119

────────────────────────────────────────────────────
Month total                                     $119

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/197025 is the state's own key, not one this site invented.