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 197378District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Aug 2003 – May 2026
Value, last 12 filed months
$1 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 Gas112004-06-16156498
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
CondensateDisposition5,366 bbl$280,880
GasProduction642,325 Mcf$3,886,549
Total$4,167,429

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 27.6066, -99.0131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60665, -99.01309 · 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
10,755 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 10,755 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-4793843116ST10,755 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 202604106.413.05$12
Apr 20260298.932.87$6
Mar 20260189.753.15$3
Feb 20260263.503.75$8
Jan 20260459.138.00$32
Dec 20250556.664.41$22
Nov 20250358.593.93$12
Oct 202513059.383.30$772
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202505066.483.13$156
May 20250060.553.23$0
Apr 202501362.363.54$46
Mar 20250367.704.27$13
Feb 202502770.884.34$117
Jan 202507374.324.28$312
Dec 2024018068.993.12$562
Nov 2024037269.052.20$818
Oct 2024029371.372.28$668
Sep 2024028069.612.36$662
Aug 2024030875.632.06$636
Jul 2024028079.932.15$601
Jun 2024028078.082.63$738
May 2024015978.812.20$350
Apr 2024029784.451.66$493
Mar 2024030280.301.55$467
Feb 2024028576.091.78$508
Jan 2024029673.023.30$976
Dec 2023030871.262.61$804
Nov 202304077.892.81$112
Oct 2023030085.443.09$926
Sep 2023030989.042.74$845
Aug 2023030980.522.67$826
Jul 2023030974.852.64$816
Jun 2023018968.962.26$427
May 202308870.622.23$196
Apr 2023013678.122.24$304
Mar 2023029472.852.39$704
Feb 2023026675.112.47$656
Jan 2023031876.533.39$1,077
Dec 2022036476.415.73$2,085
Nov 2022012185.005.65$683
Oct 202202387.185.86$135
Sep 2022028784.888.16$2,343
Aug 2022031294.529.13$2,848
Jul 20220233101.587.54$1,757
Jun 20220289115.097.98$2,305
May 20220295109.378.43$2,488
Apr 20220295104.226.84$2,017
Mar 20220318108.885.08$1,614
Feb 2022027591.054.86$1,336
Jan 2022028181.844.54$1,275
Dec 2021028971.323.90$1,127
Nov 2021029877.435.24$1,561
Oct 2021030179.795.71$1,720
Sep 2021029769.865.35$1,589
Aug 2021028066.024.22$1,182
Jul 2021028870.783.98$1,147
Jun 2021028869.493.38$974
May 2021029163.483.02$878
Apr 2021030160.362.76$830
Mar 2021015661.302.72$424
Feb 2021027157.805.55$1,503
Jan 2021032650.412.81$916
Dec 2020043644.642.68$1,167
Nov 2020048638.772.71$1,315
Oct 2020044036.972.48$1,091
Sep 2020034237.091.99$681
Aug 2020034439.982.39$820
Jul 2020034438.371.83$628
Jun 2020024734.901.69$418
May 202008416.921.81$152
Apr 2020014914.751.80$269
Mar 2020024130.341.86$447
Feb 2020023949.881.98$473
Jan 2020030957.252.09$647
Dec 2019026959.012.30$620
Nov 201903055.302.75$83
Oct 201903653.472.42$87
Sep 201906755.052.66$178
Aug 20190553.112.30$12
Jul 201903356.272.46$81
Jun 2019023452.782.49$583
May 201906158.482.74$167
Apr 201906162.632.75$168
Mar 201902656.803.06$80
Feb 2019024250.852.79$676
Jan 2019013546.033.23$436
Dec 201808646.594.19$360
Nov 2018032752.934.24$1,386
Oct 2018027661.443.40$938
Sep 2018033059.543.11$1,026
Aug 2018079459.403.07$2,435
Jul 2018074165.142.93$2,173
Jun 2018057260.183.08$1,760
May 2018048165.382.90$1,395
Apr 2018042863.842.90$1,242
Mar 2018071261.222.79$1,984
Feb 2018047361.782.77$1,308
Jan 2018047662.874.01$1,908
Dec 2017065557.272.92$1,914
Nov 2017063155.423.12$1,968
Oct 2017063349.292.98$1,889
Sep 2017059047.523.09$1,822
Aug 2017063645.373.00$1,911
Jul 2017079143.873.09$2,442
Jun 2017070742.493.09$2,183
May 2017014445.373.26$470
Apr 2017065447.933.21$2,100
Mar 2017077746.772.98$2,318
Feb 2017073350.452.95$2,164
Jan 2017078949.413.42$2,697
Dec 2016093048.763.72$3,462
Nov 2016083042.492.64$2,195
Oct 2016061446.193.09$1,897
Sep 2016052341.553.10$1,622
Aug 2016055841.442.92$1,632
Jul 2016055841.622.92$1,632
Jun 2016055745.352.69$1,496
May 2016060742.521.99$1,209
Apr 2016065336.561.99$1,300
Mar 2016064633.011.79$1,159
Feb 2016058126.472.06$1,199
Jan 2016076127.352.36$1,799
Dec 2015069732.362.00$1,395
Nov 2015073938.792.17$1,602
Oct 2015072943.552.43$1,769
Sep 2015070242.992.76$1,936
Aug 2015076040.162.87$2,183
Jul 2015065848.152.95$1,938
Jun 2015052756.152.88$1,519
May 2015063655.212.96$1,880
Apr 2015066549.822.71$1,800
Mar 2015073642.892.93$2,160
Feb 2015018844.662.98$560
Jan 2015036943.433.10$1,144
Dec 2014052554.693.59$1,885
Nov 2014089670.464.25$3,810
Oct 2014069978.303.90$2,727
Sep 2014085086.164.05$3,439
Aug 2014184989.394.04$3,515
Jul 2014072296.564.18$3,018
Jun 2014130498.164.74$1,538
May 2014083894.734.73$3,961
Apr 2014186395.944.81$4,246
Mar 2014080595.895.06$4,071
Feb 2014075397.406.19$4,663
Jan 2014477490.404.86$4,124
Dec 20131668291.824.35$4,439
Nov 2013882788.853.74$3,802
Oct 2013086197.423.78$3,254
Sep 201324783104.113.72$5,410
Aug 201315911104.253.52$4,773
Jul 20130693102.523.72$2,576
Jun 20131076494.403.93$3,949
May 20131077394.834.15$4,156
Apr 20131169593.964.28$4,010
Mar 2013085993.623.91$3,361
Feb 2013093491.233.42$3,194
Jan 201301,00191.603.42$3,423
Dec 201201,10186.773.42$3,766
Nov 201201,05186.953.62$3,810
Oct 201201,16289.383.40$3,950
Sep 201201,27494.672.92$3,718
Aug 2012030592.662.91$887
Jul 2012047785.133.02$1,441
Jun 2012090379.822.52$2,275
May 201201,28791.612.49$3,202
Apr 201201,449101.652.00$2,893
Mar 201201,491105.052.22$3,313
Feb 201201,341101.102.57$3,447
Jan 201201,50698.092.73$4,118
Dec 201101,62796.873.24$5,271
Nov 201101,54395.723.31$5,109
Oct 201101,76684.983.65$6,443
Sep 201101,72383.623.99$6,868
Aug 201101,62483.404.15$6,739
Jul 201101,11694.144.52$5,041
Jun 201101,93092.904.64$8,955
May 201102,41898.134.40$10,651
Apr 201101,155105.964.33$5,005
Mar 201101,32796.364.06$5,384
Feb 201101,44785.644.18$6,048
Jan 201101,55886.504.59$7,149
Dec 2010281,39585.734.35$8,466
Nov 2010241,34980.843.80$7,060
Oct 2010451,56878.103.51$9,016
Sep 2010181,40672.633.98$6,902
Aug 2010181,29973.684.42$7,067
Jul 201001,50772.554.74$7,138
Jun 201001,69870.364.91$8,338
May 201001,76971.124.24$7,492
Apr 201001,71181.694.12$7,054
Mar 201001,81478.394.39$7,961
Feb 201001,65273.585.44$8,991
Jan 201002,07074.365.96$12,346
Dec 200902,05971.445.48$11,291
Nov 200902,02574.593.75$7,597
Oct 200902,20272.544.11$9,051
Sep 200902,27265.543.06$6,963
Aug 200902,38667.423.22$7,679
Jul 200992,42361.133.46$8,945
Jun 2009232,41866.163.90$10,940
May 2009282,91954.743.93$12,992
Apr 2009592,47146.773.59$11,624
Mar 2009322,86442.144.06$12,973
Feb 2009472,20732.814.63$11,767
Jan 2009253,07835.865.37$17,428
Dec 200803,70237.105.98$22,127
Nov 200803,00355.496.86$20,602
Oct 200802,77775.246.92$19,222
Sep 200853,360101.767.88$26,976
Aug 2008274,259114.228.48$39,213
Jul 2008403,565131.0811.39$45,847
Jun 2008473,032131.3313.03$45,687
May 2008704,034123.1711.57$55,313
Apr 2008313,453110.3110.45$39,520
Mar 2008444,502101.909.66$47,991
Feb 2008614,20192.538.77$42,490
Jan 2008854,91590.388.21$48,013
Dec 2007815,30788.337.30$45,906
Nov 2007515,01991.677.29$41,272
Oct 2007956,01882.856.92$49,527
Sep 2007696,09375.846.24$43,279
Aug 2007556,51369.066.39$45,403
Jul 2007817,56870.906.39$54,087
Jun 2007587,43262.007.55$59,696
May 20071079,83758.747.85$83,469
Apr 200718114,01059.617.81$120,140
Mar 200717121,96256.927.30$170,099
Feb 200702,10055.108.22$17,254
Jan 20070050.306.73$0
Dec 2006249556.656.92$3,538
Nov 2006061754.207.62$4,700
Oct 2006286654.906.01$5,318
Sep 2006068760.085.04$3,461
Aug 2006772168.717.34$5,773
Jul 2006358069.376.34$3,887
Jun 2006895366.286.38$6,614
May 2006746366.016.42$3,437
Apr 2006552,49064.397.36$21,869
Mar 2006644,75056.707.08$37,273
Feb 2006624,50557.597.75$38,489
Jan 2006864,96960.598.93$49,600
Dec 2005805,74554.9413.42$81,467
Nov 2005504,37754.6910.59$49,080
Oct 2005624,72858.3413.80$68,843
Sep 2005675,93461.4512.08$75,794
Aug 2005326,32761.519.80$63,953
Jul 2005634,41955.697.84$38,170
Jun 2005626,20452.337.38$49,036
May 2005465,62145.226.65$39,466
Apr 2005554,71349.207.36$37,396
Mar 2005786,39750.377.15$49,699
Feb 2005595,55445.226.31$37,724
Jan 20051056,69543.166.32$46,859
Dec 2004955,56139.866.75$41,329
Nov 2004395,48545.286.33$36,488
Oct 2004436,74949.706.52$46,108
Sep 2004517,56143.245.28$42,157
Aug 2004669,13742.375.55$53,513
Jul 20049810,75138.286.08$69,162
Jun 200411814,75736.106.43$99,192
May 200417020,23537.486.49$137,789
Apr 200421715,16334.475.86$96,312
Mar 200413110,55034.365.53$62,844
Feb 200423514,51932.455.51$87,620
Jan 200429017,20732.036.30$117,687
Dec 200318119,54330.266.30$128,630
Nov 200319423,41428.804.60$113,178
Oct 200339621,60928.174.76$114,006
Sep 20039635,27726.314.75$170,069
Aug 20036233,14729.765.13$171,880

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                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/197378 is the state's own key, not one this site invented.