BUSTAMANTE G. U.

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

Gas lease lease 197661District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Aug 2003 – May 2026
Value, last 12 filed months
$20 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 406 leases and 406 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: RULE 2 AMENDED. STANDARD 40 ACRES.

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 Gas112006-11-21170470
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
CondensateDisposition1,320 bbl$54,475
GasProduction2,818,132 Mcf$17,312,987
Total$17,367,462

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 26.9874, -99.1022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.98737, -99.10224 · 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
14,100 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 14,100 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-50534760714,100 ftMar 2004

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 20260391106.413.05$1,191
Apr 2026021798.932.87$623
Mar 2026024389.753.15$765
Feb 2026033863.503.75$1,268
Jan 2026046659.138.00$3,727
Dec 2025067256.664.41$2,966
Nov 2025014258.593.93$558
Oct 2025063659.383.30$2,102
Sep 2025043262.743.08$1,329
Aug 2025047463.933.01$1,429
Jul 2025076166.743.32$2,523
Jun 2025035966.483.13$1,123
May 2025039360.553.23$1,270
Apr 2025052062.363.54$1,842
Mar 2025063667.704.27$2,715
Feb 2025038270.884.34$1,658
Jan 2025039474.324.28$1,686
Dec 2024050168.993.12$1,564
Nov 2024037769.052.20$829
Oct 2024053171.372.28$1,211
Sep 2024044169.612.36$1,043
Aug 2024049875.632.06$1,028
Jul 2024077479.932.15$1,661
Jun 2024074078.082.63$1,949
May 2024094078.812.20$2,067
Apr 2024076684.451.66$1,271
Mar 2024075380.301.55$1,163
Feb 2024075876.091.78$1,352
Jan 2024052273.023.30$1,721
Dec 2023043271.262.61$1,128
Nov 2023066277.892.81$1,859
Oct 2023086085.443.09$2,655
Sep 2023061289.042.74$1,674
Aug 2023075180.522.67$2,007
Jul 2023094074.852.64$2,483
Jun 2023051768.962.26$1,168
May 2023087070.622.23$1,938
Apr 2023054878.122.24$1,226
Mar 2023086372.852.39$2,065
Feb 2023050175.112.47$1,235
Jan 2023060176.533.39$2,036
Dec 2022085476.415.73$4,893
Nov 2022062185.005.65$3,506
Oct 2022095187.185.86$5,576
Sep 2022038784.888.16$3,159
Aug 2022072794.529.13$6,635
Jul 20220707101.587.54$5,332
Jun 20220465115.097.98$3,709
May 20220405109.378.43$3,415
Apr 20220972104.226.84$6,646
Mar 20220549108.885.08$2,787
Feb 2022048291.054.86$2,342
Jan 2022055381.844.54$2,509
Dec 2021044771.323.90$1,743
Nov 2021024177.435.24$1,262
Oct 2021039779.795.71$2,268
Sep 2021023969.865.35$1,279
Aug 2021073966.024.22$3,119
Jul 2021057070.783.98$2,270
Jun 2021043269.493.38$1,460
May 2021052463.483.02$1,581
Apr 2021057260.362.76$1,578
Mar 2021070561.302.72$1,915
Feb 2021052457.805.55$2,907
Jan 2021074350.412.81$2,088
Dec 2020058244.642.68$1,557
Nov 2020092138.772.71$2,493
Oct 2020056636.972.48$1,403
Sep 2020058837.091.99$1,171
Aug 2020065339.982.39$1,557
Jul 2020047538.371.83$867
Jun 2020054234.901.69$916
May 2020082616.921.81$1,499
Apr 2020072114.751.80$1,301
Mar 2020064030.341.86$1,188
Feb 2020084449.881.98$1,672
Jan 2020067057.252.09$1,403
Dec 2019049359.012.30$1,136
Nov 2019065455.302.75$1,799
Oct 2019043753.472.42$1,057
Sep 2019062455.052.66$1,658
Aug 2019029053.112.30$668
Jul 2019034856.272.46$856
Jun 2019062052.782.49$1,545
May 2019040458.482.74$1,107
Apr 2019056362.632.75$1,549
Mar 2019048856.803.06$1,494
Feb 2019027650.852.79$771
Jan 2019041646.033.23$1,343
Dec 2018050346.594.19$2,105
Nov 2018040152.934.24$1,699
Oct 2018061461.443.40$2,086
Sep 2018043359.543.11$1,346
Aug 2018052359.403.07$1,604
Jul 2018048865.142.93$1,431
Jun 2018037960.183.08$1,166
May 2018068165.382.90$1,975
Apr 2018049063.842.90$1,421
Mar 2018023461.222.79$652
Feb 2018033561.782.77$927
Jan 2018034862.874.01$1,395
Dec 2017033557.272.92$979
Nov 2017031855.423.12$992
Oct 2017035949.292.98$1,071
Sep 2017044647.523.09$1,377
Aug 2017029745.373.00$892
Jul 2017061743.873.09$1,905
Jun 2017051442.493.09$1,587
May 2017058145.373.26$1,896
Apr 2017021647.933.21$694
Mar 2017036146.772.98$1,077
Feb 2017034850.452.95$1,028
Jan 201701,34049.413.42$4,581
Dec 201601,65048.763.72$6,143
Nov 201601,21742.492.64$3,218
Oct 201601,03746.193.09$3,205
Sep 201601,00341.553.10$3,110
Aug 2016084741.442.92$2,477
Jul 2016038641.622.92$1,129
Jun 2016048445.352.69$1,300
May 2016059242.521.99$1,179
Apr 2016025936.561.99$516
Mar 2016029333.011.79$526
Feb 2016030526.472.06$629
Jan 2016031327.352.36$740
Dec 2015032432.362.00$648
Nov 2015028638.792.17$620
Oct 2015031943.552.43$774
Sep 2015050742.992.76$1,399
Aug 2015068540.162.87$1,968
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201505655.212.96$166
Apr 2015028949.822.71$782
Mar 2015054242.892.93$1,591
Feb 2015022444.662.98$667
Jan 2015031543.433.10$977
Dec 2014040854.693.59$1,465
Nov 2014047370.464.25$2,011
Oct 2014057178.303.90$2,227
Sep 2014055186.164.05$2,229
Aug 2014067589.394.04$2,724
Jul 2014071896.564.18$3,001
Jun 2014065998.164.74$3,122
May 201401,04794.734.73$4,949
Apr 201402,18595.944.81$10,508
Mar 201402,60695.895.06$13,178
Feb 201401,64297.406.19$10,167
Jan 201401,79490.404.86$8,720
Dec 201301,50491.824.35$6,549
Nov 201302,40588.853.74$8,991
Oct 201301,05397.423.78$3,980
Sep 201301,250104.113.72$4,647
Aug 201301,964104.253.52$6,918
Jul 201303,209102.523.72$11,930
Jun 201301,90594.403.93$7,493
May 201302,28394.834.15$9,472
Apr 201303,09593.964.28$13,255
Mar 201302,70693.623.91$10,588
Feb 201301,79291.233.42$6,128
Jan 201302,97191.603.42$10,161
Dec 201202,99186.773.42$10,230
Nov 201202,45486.953.62$8,896
Oct 201203,46689.383.40$11,783
Sep 201202,38094.672.92$6,946
Aug 201202,97792.662.91$8,658
Jul 201201,89085.133.02$5,709
Jun 201201,48779.822.52$3,746
May 201203,10191.612.49$7,716
Apr 201202,794101.652.00$5,579
Mar 201203,953105.052.22$8,784
Feb 201203,725101.102.57$9,574
Jan 201203,76698.092.73$10,297
Dec 201103,79096.873.24$12,279
Nov 201103,99895.723.31$13,239
Oct 201103,27584.983.65$11,949
Sep 201103,65083.623.99$14,548
Aug 201104,14083.404.15$17,178
Jul 201103,96894.144.52$17,924
Jun 201103,91392.904.64$18,156
May 201104,52398.134.40$19,923
Apr 201103,907105.964.33$16,930
Mar 201104,68996.364.06$19,025
Feb 201103,92185.644.18$16,390
Jan 201104,07386.504.59$18,690
Dec 201003,58085.734.35$15,565
Nov 201002,56480.843.80$9,731
Oct 201004,24678.103.51$14,899
Sep 201006,08172.633.98$24,199
Aug 201006,04073.684.42$26,693
Jul 201002,81872.554.74$13,347
Jun 201004,90670.364.91$24,090
May 201003,84071.124.24$16,263
Apr 201004,46281.694.12$18,395
Mar 201004,64178.394.39$20,368
Feb 201004,38073.585.44$23,838
Jan 201004,81974.365.96$28,741
Dec 200905,34271.445.48$29,294
Nov 200904,59174.593.75$17,223
Oct 200906,75672.544.11$27,769
Sep 200906,35565.543.06$19,476
Aug 200902,80167.423.22$9,015
Jul 200905,43761.133.46$18,836
Jun 200903,96466.163.90$15,440
May 200904,78854.743.93$18,796
Apr 200906,44046.773.59$23,104
Mar 200905,88242.144.06$23,875
Feb 200905,17932.814.63$23,994
Jan 200907,26635.865.37$39,026
Dec 2008638,47937.105.98$53,017
Nov 200807,55055.496.86$51,796
Oct 200808,15675.246.92$56,456
Sep 200808,701101.767.88$68,539
Aug 200804,355114.228.48$36,944
Jul 200809,785131.0811.39$111,446
Jun 200803,072131.3313.03$40,036
May 200805,304123.1711.57$61,390
Apr 200809,763110.3110.45$102,071
Mar 2008010,323101.909.66$99,762
Feb 2008012,11492.538.77$106,247
Jan 200806,33690.388.21$51,992
Dec 200709,70288.337.30$70,844
Nov 200702,62891.677.29$19,163
Oct 200706,50282.856.92$45,007
Sep 2007495,17875.846.24$36,048
Aug 200717,47269.066.39$47,800
Jul 2007210,78570.906.39$69,036
Jun 200707,89862.007.55$59,618
May 200706,02558.747.85$47,274
Apr 2007110,66959.617.81$83,333
Mar 2007114,24656.927.30$104,081
Feb 2007114,27155.108.22$117,306
Jan 2007615,59750.306.73$105,220
Dec 2006110,76456.656.92$74,527
Nov 20061015,85654.207.62$121,325
Oct 200629,42954.906.01$56,814
Sep 200608,70960.085.04$43,869
Aug 2006617,51968.717.34$129,000
Jul 2006616,96069.376.34$107,989
Jun 2006017,07366.286.38$108,992
May 2006420,02566.016.42$128,925
Apr 200617916,49764.397.36$132,952
Mar 2006520,99756.707.08$149,004
Feb 2006014,82257.597.75$114,887
Jan 2006421,01860.598.93$188,003
Dec 2005023,88754.9413.42$320,454
Nov 2005523,39754.6910.59$248,010
Oct 2005527,76358.3413.80$383,303
Sep 2005529,29161.4512.08$354,113
Aug 2005533,56461.519.80$329,129
Jul 2005038,37355.697.84$300,984
Jun 2005042,74252.337.38$315,480
May 2005052,02945.226.65$346,053
Apr 2005059,87749.207.36$440,723
Mar 200517743,59350.377.15$320,818
Feb 2005127,43945.226.31$173,238
Jan 2005235,76343.166.32$226,187
Dec 2004435,97539.866.75$243,030
Nov 2004017,55445.286.33$111,124
Oct 2004441,65349.706.52$271,572
Sep 2004539,97843.245.28$211,456
Aug 2004249,58342.375.55$275,303
Jul 2004457,00038.286.08$346,951
Jun 2004064,03836.106.43$411,958
May 2004478,06237.486.49$507,130
Apr 200418186,21634.475.86$511,332
Mar 2004875,25634.365.53$416,451
Feb 20044124,54732.455.51$686,336
Jan 200414218,11832.036.30$1,374,513
Dec 2003184203,70430.266.30$1,289,237
Nov 2003169184,95628.804.60$854,770
Oct 20036195,48528.174.76$930,607
Sep 2003190184,55926.314.75$881,536
Aug 2003015,92029.765.13$81,665

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                  391 Mcf  × $  3.05 =     $1,191

────────────────────────────────────────────────────
Month total                                   $1,191

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/197661 is the state's own key, not one this site invented.