R. M. T.

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 198419District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.4 M
Nov 2003 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
271
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 Gas112004-09-14158491
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
CondensateDisposition87 bbl$4,582
GasProduction3,316,682 Mcf$20,361,807
Total$20,366,389

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 26.9470, -99.2435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.94695, -99.24354 · 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
11,357 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 11,357 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-50534804511,357 ftDec 2007

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 (271)

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

271 months

May 202601,928106.413.05$5,872
Apr 202601,85898.932.87$5,332
Mar 202601,54589.753.15$4,866
Feb 2026097063.503.75$3,638
Jan 202601,22559.138.00$9,797
Dec 202501,33056.664.41$5,870
Nov 202501,58758.593.93$6,231
Oct 202501,38259.383.30$4,567
Sep 202501,18462.743.08$3,643
Aug 202501,37663.933.01$4,148
Jul 202501,33266.743.32$4,416
Jun 202501,53566.483.13$4,803
May 202501,73960.553.23$5,621
Apr 202502,45062.363.54$8,681
Mar 202501,68667.704.27$7,196
Feb 202501,20070.884.34$5,209
Jan 2025091174.324.28$3,898
Dec 202401,01068.993.12$3,153
Nov 2024070969.052.20$1,559
Oct 2024078571.372.28$1,791
Sep 2024079169.612.36$1,870
Aug 2024095275.632.06$1,965
Jul 2024091879.932.15$1,971
Jun 2024088578.082.63$2,331
May 2024094078.812.20$2,067
Apr 2024088284.451.66$1,463
Mar 2024057480.301.55$887
Feb 2024089676.091.78$1,598
Jan 202401,00573.023.30$3,314
Dec 202301,11371.262.61$2,906
Nov 202301,29477.892.81$3,633
Oct 202301,11085.443.09$3,427
Sep 202301,01489.042.74$2,773
Aug 202301,17180.522.67$3,130
Jul 202301,17574.852.64$3,104
Jun 202301,12068.962.26$2,530
May 202301,18670.622.23$2,642
Apr 202301,16778.122.24$2,611
Mar 202301,20372.852.39$2,879
Feb 202301,29175.112.47$3,183
Jan 202301,29176.533.39$4,374
Dec 202201,17376.415.73$6,720
Nov 202201,29685.005.65$7,317
Oct 202201,54187.185.86$9,036
Sep 202201,57684.888.16$12,866
Aug 202201,80694.529.13$16,484
Jul 202202,734101.587.54$20,620
Jun 202203,506115.097.98$27,968
May 202203,154109.378.43$26,598
Apr 202201,704104.226.84$11,651
Mar 202201,718108.885.08$8,721
Feb 202201,76591.054.86$8,576
Jan 202203,45681.844.54$15,682
Dec 202104,28571.323.90$16,708
Nov 202104,28677.435.24$22,445
Oct 202101,50579.795.71$8,599
Sep 202101,77669.865.35$9,503
Aug 202101,85666.024.22$7,833
Jul 202102,14470.783.98$8,538
Jun 202101,94869.493.38$6,585
May 202102,23463.483.02$6,741
Apr 202104,25760.362.76$11,743
Mar 202101,53161.302.72$4,160
Feb 202101,66257.805.55$9,221
Jan 202101,99750.412.81$5,612
Dec 202001,73244.642.68$4,634
Nov 202001,36538.772.71$3,694
Oct 202001,54736.972.48$3,834
Sep 202001,69437.091.99$3,373
Aug 202001,57239.982.39$3,749
Jul 202001,50138.371.83$2,740
Jun 202001,71234.901.69$2,894
May 202001,71916.921.81$3,120
Apr 202001,72414.751.80$3,111
Mar 202001,80630.341.86$3,352
Feb 202001,68549.881.98$3,337
Jan 202001,96857.252.09$4,122
Dec 201901,91059.012.30$4,401
Nov 201901,91255.302.75$5,259
Oct 201901,89853.472.42$4,590
Sep 201902,02155.052.66$5,370
Aug 201902,35853.112.30$5,434
Jul 201901,98756.272.46$4,888
Jun 201901,89752.782.49$4,726
May 201901,44058.482.74$3,946
Apr 201901,33162.632.75$3,661
Mar 201902,82256.803.06$8,641
Feb 201902,97150.852.79$8,296
Jan 201902,88346.033.23$9,307
Dec 201801,44046.594.19$6,027
Nov 201801,70452.934.24$7,220
Oct 201801,89761.443.40$6,446
Sep 201802,42859.543.11$7,546
Aug 201803,09259.403.07$9,482
Jul 201803,47465.142.93$10,185
Jun 201803,48560.183.08$10,723
May 201802,59765.382.90$7,533
Apr 201803,79063.842.90$10,994
Mar 201803,72661.222.79$10,384
Feb 201804,73961.782.77$13,109
Jan 201804,04162.874.01$16,202
Dec 201703,26657.272.92$9,542
Nov 201701,97555.423.12$6,159
Oct 201701,47249.292.98$4,392
Sep 201702,17747.523.09$6,721
Aug 201702,57445.373.00$7,733
Jul 201701,21643.873.09$3,754
Jun 201701,28442.493.09$3,964
May 201701,24245.373.26$4,053
Apr 2017093547.933.21$3,003
Mar 201701,27946.772.98$3,816
Feb 201701,90950.452.95$5,637
Jan 201702,07549.413.42$7,094
Dec 201602,37748.763.72$8,849
Nov 201602,51142.492.64$6,640
Oct 201602,58446.193.09$7,985
Sep 201602,52541.553.10$7,829
Aug 201602,49941.442.92$7,308
Jul 201601,96041.622.92$5,732
Jun 201602,59045.352.69$6,956
May 201603,34042.521.99$6,650
Apr 201603,44836.561.99$6,865
Mar 201603,55933.011.79$6,385
Feb 201603,46326.472.06$7,146
Jan 201603,77127.352.36$8,916
Dec 201504,21332.362.00$8,432
Nov 201504,34938.792.17$9,426
Oct 201504,62243.552.43$11,216
Sep 201564,72242.992.76$13,283
Aug 201505,01440.162.87$14,403
Jul 201504,94248.152.95$14,555
Jun 2015204,90856.152.88$15,272
May 201504,36455.212.96$12,898
Apr 201502,89549.822.71$7,836
Mar 201502,47242.892.93$7,255
Feb 2015272,85544.662.98$9,703
Jan 201503,10643.433.10$9,631
Dec 201403,38354.693.59$12,150
Nov 201402,36770.464.25$10,064
Oct 201401,88078.303.90$7,334
Sep 201401,63786.164.05$6,622
Aug 20140089.394.04$0
Jul 201402,76896.564.18$11,569
Jun 201402,70898.164.74$12,827
May 201403,17494.734.73$15,002
Apr 201403,50395.944.81$16,846
Mar 201403,20595.895.06$16,207
Feb 201403,08497.406.19$19,096
Jan 201403,58090.404.86$17,401
Dec 201303,20091.824.35$13,934
Nov 201303,40588.853.74$12,729
Oct 201303,13297.423.78$11,837
Sep 201301,789104.113.72$6,651
Aug 20130328104.253.52$1,155
Jul 201301,476102.523.72$5,487
Jun 201303,00094.403.93$11,800
May 201302,73594.834.15$11,348
Apr 201303,16293.964.28$13,542
Mar 201303,30293.623.91$12,920
Feb 201303,09291.233.42$10,574
Jan 201302,63291.603.42$9,001
Dec 201202,80786.773.42$9,600
Nov 201202,74486.953.62$9,947
Oct 201203,12989.383.40$10,638
Sep 201203,47694.672.92$10,144
Aug 201203,43192.662.91$9,978
Jul 201203,17785.133.02$9,597
Jun 201203,55179.822.52$8,945
May 201204,26591.612.49$10,613
Apr 201203,081101.652.00$6,152
Mar 201204,066105.052.22$9,035
Feb 201203,700101.102.57$9,510
Jan 201203,33098.092.73$9,104
Dec 201104,61396.873.24$14,945
Nov 201104,56595.723.31$15,116
Oct 201104,88084.983.65$17,805
Sep 201104,63483.623.99$18,470
Aug 201104,94183.404.15$20,502
Jul 201104,36794.144.52$19,727
Jun 201103,84492.904.64$17,836
May 201104,24998.134.40$18,716
Apr 201104,497105.964.33$19,487
Mar 201105,27996.364.06$21,419
Feb 201105,44685.644.18$22,764
Jan 201105,82986.504.59$26,748
Dec 201006,11585.734.35$26,586
Nov 201006,19280.843.80$23,501
Oct 201006,75178.103.51$23,689
Sep 201006,24372.633.98$24,844
Aug 201004,43073.684.42$19,578
Jul 201006,46972.554.74$30,640
Jun 201007,22870.364.91$35,492
May 201007,50971.124.24$31,802
Apr 201007,03181.694.12$28,987
Mar 201007,16378.394.39$31,436
Feb 201006,72773.585.44$36,611
Jan 201006,84874.365.96$40,842
Dec 200906,88071.445.48$37,728
Nov 200906,73474.593.75$25,263
Oct 200907,67472.544.11$31,542
Sep 200907,12365.543.06$21,830
Aug 200907,43667.423.22$23,933
Jul 200907,06861.133.46$24,487
Jun 200906,79966.163.90$26,482
May 200906,73654.743.93$26,444
Apr 200907,45946.773.59$26,759
Mar 200907,56042.144.06$30,686
Feb 200906,16932.814.63$28,581
Jan 200906,55235.865.37$35,191
Dec 200806,41037.105.98$38,313
Nov 200806,43455.496.86$44,140
Oct 200806,83675.246.92$47,319
Sep 200807,506101.767.88$59,125
Aug 200808,535114.228.48$72,403
Jul 200808,772131.0811.39$99,908
Jun 200808,126131.3313.03$105,903
May 200808,665123.1711.57$100,291
Apr 200809,290110.3110.45$97,126
Mar 200809,249101.909.66$89,383
Feb 200809,92992.538.77$87,083
Jan 200809,57590.388.21$78,570
Dec 200717,85388.337.30$57,431
Nov 2007011,03691.677.29$80,471
Oct 2007010,93182.856.92$75,664
Sep 200707,37175.846.24$46,026
Aug 2007012,26669.066.39$78,354
Jul 2007014,45770.906.39$92,350
Jun 2007117,22262.007.55$130,061
May 2007017,76358.747.85$139,373
Apr 2007418,88859.617.81$147,663
Mar 2007018,77356.927.30$137,080
Feb 2007216,46755.108.22$135,403
Jan 2007017,50650.306.73$117,760
Dec 2006119,40856.656.92$134,330
Nov 2006117,64754.207.62$134,480
Oct 2006022,24954.906.01$133,801
Sep 2006021,73260.085.04$109,468
Aug 2006121,89068.717.34$160,740
Jul 2006028,09269.376.34$178,181
Jun 2006231,85266.286.38$203,472
May 2006236,26566.016.42$233,135
Apr 2006121,88564.397.36$161,148
Mar 2006227,80856.707.08$197,075
Feb 2006026,11157.597.75$202,389
Jan 2006332,21060.598.93$287,924
Dec 2005322,71054.9413.42$304,829
Nov 2005022,56654.6910.59$238,938
Oct 2005130,58558.3413.80$422,002
Sep 2005129,72561.4512.08$359,110
Aug 2005131,19561.519.80$305,674
Jul 2005031,44855.697.84$246,667
Jun 2005226,35452.337.38$194,625
May 2005244,69445.226.65$297,357
Apr 2005040,02249.207.36$294,581
Mar 2005348,56350.377.15$347,614
Feb 2005040,75745.226.31$257,255
Jan 2005044,95543.166.32$284,215
Dec 2004048,61239.866.75$328,184
Nov 2004054,95945.286.33$347,914
Oct 2004064,35849.706.52$419,299
Sep 2004070,14143.245.28$370,618
Aug 2004085,60442.375.55$475,159
Jul 2004098,95838.286.08$602,078
Jun 20040109,63636.106.43$705,291
May 20040131,47937.486.49$853,901
Apr 20040144,13134.475.86$844,386
Mar 20040163,75734.365.53$905,599
Feb 20040176,15332.455.51$970,536
Jan 20040222,54432.036.30$1,401,947
Dec 20030270,87230.266.30$1,706,938
Nov 2003070,56528.804.60$324,257

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                1,928 Mcf  × $  3.05 =     $5,872

────────────────────────────────────────────────────
Month total                                   $5,872

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/198419 is the state's own key, not one this site invented.