JENNINGS

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the JENNINGS 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 198821District 04Field 462164032 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Sep 2003 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
273
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
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 Gas112005-05-09160310
NGPA2none

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
CondensateDisposition344 bbl$22,196
GasProduction1,176,877 Mcf$6,507,992
Total$6,530,188

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 27.1025, -99.1088. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10250, -99.10876 · 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
12,900 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 12,900 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-505347087812,900 ftSep 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 (273)

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

273 months

May 20260541106.413.05$1,648
Apr 2026044798.932.87$1,283
Mar 2026455489.753.15$2,104
Feb 2026039963.503.75$1,496
Jan 2026042059.138.00$3,359
Dec 2025057956.664.41$2,555
Nov 2025047358.593.93$1,857
Oct 2025055459.383.30$1,831
Sep 2025850662.743.08$2,059
Aug 2025056363.933.01$1,697
Jul 2025049866.743.32$1,651
Jun 2025042566.483.13$1,330
May 2025057160.553.23$1,846
Apr 2025051662.363.54$1,828
Mar 2025053167.704.27$2,266
Feb 2025045870.884.34$1,988
Jan 2025064674.324.28$2,764
Dec 2024023868.993.12$743
Nov 2024049169.052.20$1,079
Oct 2024044671.372.28$1,018
Sep 2024032969.612.36$778
Aug 2024037775.632.06$778
Jul 2024056479.932.15$1,211
Jun 2024031978.082.63$840
May 2024032678.812.20$717
Apr 2024030584.451.66$506
Mar 2024031480.301.55$485
Feb 2024041176.091.78$733
Jan 2024047473.023.30$1,563
Dec 2023841571.262.61$1,654
Nov 2023942977.892.81$1,905
Oct 2023045885.443.09$1,414
Sep 2023045589.042.74$1,244
Aug 2023036680.522.67$978
Jul 2023051974.852.64$1,371
Jun 20233345968.962.26$3,312
May 2023056570.622.23$1,258
Apr 2023043278.122.24$967
Mar 20233255772.852.39$3,664
Feb 2023022275.112.47$547
Jan 2023057276.533.39$1,938
Dec 2022017176.415.73$980
Nov 2022028585.005.65$1,609
Oct 2022040087.185.86$2,346
Sep 2022030784.888.16$2,506
Aug 2022055694.529.13$5,075
Jul 20220430101.587.54$3,243
Jun 20220920115.097.98$7,339
May 202201,248109.378.43$10,524
Apr 202201,341104.226.84$9,169
Mar 2022481,434108.885.08$12,506
Feb 202201,24291.054.86$6,035
Jan 202201,24381.844.54$5,640
Dec 202101,20671.323.90$4,702
Nov 202101,26277.435.24$6,609
Oct 202101,49679.795.71$8,548
Sep 202101,47069.865.35$7,866
Aug 2021251,38266.024.22$7,483
Jul 202101,31470.783.98$5,232
Jun 202101,40269.493.38$4,740
May 202101,61163.483.02$4,861
Apr 202101,73160.362.76$4,775
Mar 202101,74061.302.72$4,727
Feb 202101,50657.805.55$8,355
Jan 202101,41050.412.81$3,962
Dec 202001,31044.642.68$3,505
Nov 202001,39138.772.71$3,765
Oct 2020131,48136.972.48$4,151
Sep 202001,43437.091.99$2,855
Aug 202001,58739.982.39$3,785
Jul 202001,63538.371.83$2,984
Jun 202001,40134.901.69$2,368
May 202001,62816.921.81$2,954
Apr 202001,68814.751.80$3,046
Mar 202001,75230.341.86$3,252
Feb 2020101,61049.881.98$3,688
Jan 202002,00157.252.09$4,192
Dec 201901,89359.012.30$4,362
Nov 201901,90155.302.75$5,229
Oct 201901,97753.472.42$4,781
Sep 201901,77055.052.66$4,703
Aug 2019282,05953.112.30$6,232
Jul 201902,19156.272.46$5,390
Jun 201902,11552.782.49$5,269
May 201902,16858.482.74$5,941
Apr 201902,22162.632.75$6,109
Mar 201982,53156.803.06$8,205
Feb 201902,09450.852.79$5,847
Jan 201902,50946.033.23$8,100
Dec 201802,72846.594.19$11,418
Nov 201882,45852.934.24$10,839
Oct 201802,62761.443.40$8,927
Sep 201802,64059.543.11$8,205
Aug 201803,25359.403.07$9,976
Jul 201803,10865.142.93$9,112
Jun 201801,53460.183.08$4,720
May 201801,20765.382.90$3,501
Apr 201801,88163.842.90$5,456
Mar 201802,23361.222.79$6,223
Feb 201801,52361.782.77$4,213
Jan 2018064362.874.01$2,578
Dec 2017039957.272.92$1,166
Nov 2017047955.423.12$1,494
Oct 2017071849.292.98$2,142
Sep 201701,16347.523.09$3,591
Aug 2017064245.373.00$1,929
Jul 201701,38743.873.09$4,282
Jun 201701,45842.493.09$4,501
May 201701,59145.373.26$5,192
Apr 201701,89147.933.21$6,073
Mar 201701,99346.772.98$5,946
Feb 201701,89150.452.95$5,583
Jan 201702,09149.413.42$7,149
Dec 201601,66648.763.72$6,202
Nov 201602,17242.492.64$5,744
Oct 201602,34146.193.09$7,234
Sep 201602,59241.553.10$8,037
Aug 201602,33141.442.92$6,817
Jul 201602,37141.622.92$6,934
Jun 201602,02345.352.69$5,433
May 201602,51742.521.99$5,011
Apr 201612,66936.561.99$5,351
Mar 201602,56533.011.79$4,602
Feb 201602,20526.472.06$4,550
Jan 201602,41927.352.36$5,719
Dec 201502,89032.362.00$5,784
Nov 201571,16038.792.17$2,786
Oct 201503,91843.552.43$9,507
Sep 201503,26242.992.76$8,998
Aug 2015162,25140.162.87$7,109
Jul 201502,13848.152.95$6,297
Jun 201503,37056.152.88$9,715
May 201502,56055.212.96$7,566
Apr 201501,57949.822.71$4,274
Mar 201501,89642.892.93$5,564
Feb 201501,60344.662.98$4,771
Jan 2015621,13543.433.10$6,212
Dec 2014171,03754.693.59$4,654
Nov 201401,58370.464.25$6,731
Oct 2014069378.303.90$2,703
Sep 2014073886.164.05$2,986
Aug 2014089389.394.04$3,603
Jul 2014061496.564.18$2,566
Jun 2014060098.164.74$2,842
May 2014067694.734.73$3,195
Apr 2014074195.944.81$3,564
Mar 2014057595.895.06$2,908
Feb 2014058097.406.19$3,591
Jan 2014083390.404.86$4,049
Dec 2013082691.824.35$3,597
Nov 2013067688.853.74$2,527
Oct 2013455897.423.78$2,499
Sep 20130553104.113.72$2,056
Aug 20130866104.253.52$3,051
Jul 201301,037102.523.72$3,855
Jun 2013064094.403.93$2,517
May 201301,29494.834.15$5,369
Apr 2013088893.964.28$3,803
Mar 2013061893.623.91$2,418
Feb 2013367791.233.42$2,589
Jan 2013066291.603.42$2,264
Dec 2012069286.773.42$2,367
Nov 2012076986.953.62$2,788
Oct 2012075389.383.40$2,560
Sep 2012088494.672.92$2,580
Aug 201201,12292.662.91$3,263
Jul 2012095785.133.02$2,891
Jun 201201,08679.822.52$2,736
May 2012089991.612.49$2,237
Apr 20120344101.652.00$687
Mar 20120468105.052.22$1,040
Feb 20120587101.102.57$1,509
Jan 2012077898.092.73$2,127
Dec 2011078796.873.24$2,550
Nov 2011089095.723.31$2,947
Oct 2011092484.983.65$3,371
Sep 2011089483.623.99$3,563
Aug 2011095483.404.15$3,958
Jul 2011080694.144.52$3,641
Jun 2011077892.904.64$3,610
May 2011096298.134.40$4,237
Apr 20110607105.964.33$2,630
Mar 20110096.364.06$0
Feb 2011050885.644.18$2,123
Jan 201101,04086.504.59$4,772
Dec 2010092485.734.35$4,017
Nov 2010079280.843.80$3,006
Oct 2010077478.103.51$2,716
Sep 2010081672.633.98$3,247
Aug 2010086473.684.42$3,818
Jul 2010076972.554.74$3,642
Jun 2010067070.364.91$3,290
May 2010073671.124.24$3,117
Apr 2010069381.694.12$2,857
Mar 2010080078.394.39$3,511
Feb 2010059773.585.44$3,249
Jan 2010085274.365.96$5,081
Dec 2009084371.445.48$4,623
Nov 2009064374.593.75$2,412
Oct 2009096572.544.11$3,966
Sep 200901,34265.543.06$4,113
Aug 200901,38167.423.22$4,445
Jul 200901,04861.133.46$3,631
Jun 2009027966.163.90$1,087
May 200901,51654.743.93$5,951
Apr 200902,96346.773.59$10,630
Mar 200903,15742.144.06$12,814
Feb 200902,79032.814.63$12,926
Jan 200902,83835.865.37$15,243
Dec 200802,55637.105.98$15,278
Nov 200803,47155.496.86$23,812
Oct 200803,44575.246.92$23,846
Sep 200803,016101.767.88$23,757
Aug 200803,705114.228.48$31,430
Jul 200803,490131.0811.39$39,749
Jun 200803,922131.3313.03$51,114
May 200803,637123.1711.57$42,096
Apr 200803,746110.3110.45$39,164
Mar 200803,953101.909.66$38,202
Feb 200803,43092.538.77$30,083
Jan 200807,28090.388.21$59,738
Dec 200704,27488.337.30$31,209
Nov 200704,08391.677.29$29,772
Oct 200704,97582.856.92$34,437
Sep 200704,55875.846.24$28,461
Aug 200704,05769.066.39$25,916
Jul 200704,57170.906.39$29,199
Jun 200704,08362.007.55$30,820
May 200704,37658.747.85$34,335
Apr 200704,63559.617.81$36,177
Mar 200704,92056.927.30$35,926
Feb 200704,67755.108.22$38,426
Jan 200705,64650.306.73$37,980
Dec 200605,48656.656.92$37,955
Nov 200606,09054.207.62$46,390
Oct 200607,41854.906.01$44,610
Sep 200606,89460.085.04$34,726
Aug 200608,05368.717.34$59,108
Jul 200605,24769.376.34$33,280
Jun 200603,50266.286.38$22,356
May 200604,28466.016.42$27,525
Apr 200605,06364.397.36$37,266
Mar 200603,49656.707.08$24,762
Feb 200604,77457.597.75$37,004
Jan 200605,07460.598.93$45,328
Dec 200504,76354.9413.42$63,898
Nov 200506,60754.6910.59$69,958
Oct 200502,97858.3413.80$41,084
Sep 200504,96361.4512.08$59,948
Aug 200506,50161.519.80$63,689
Jul 200504,86355.697.84$38,144
Jun 200506,03452.337.38$44,537
May 200509,73145.226.65$64,722
Apr 200509,82149.207.36$72,287
Mar 2005010,61650.377.15$75,956
Feb 2005025,53045.226.31$161,143
Jan 2005013,02243.166.32$82,328
Dec 2004013,72939.866.75$92,686
Nov 2004016,94245.286.33$107,250
Oct 20040049.706.52$0
Sep 2004015,93443.245.28$84,194
Aug 2004020,86742.375.55$115,826
Jul 2004023,46938.286.08$142,790
Jun 2004019,93636.106.43$128,249
May 2004025,13137.486.49$163,215
Apr 2004028,91734.475.86$169,409
Mar 2004031,07334.365.53$171,838
Feb 2004036,99132.455.51$203,806
Jan 2004056,02132.036.30$352,912
Dec 2003082,08830.266.30$517,289
Nov 20030120,92028.804.60$555,647
Oct 20030141,99428.174.76$675,840
Sep 2003017,80126.314.75$84,543

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                  541 Mcf  × $  3.05 =     $1,648

────────────────────────────────────────────────────
Month total                                   $1,648

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/198821 is the state's own key, not one this site invented.