LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199638District 04Field 171305152 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.8 M
Nov 2003 – May 2026
Value, last 12 filed months
$60 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 125 leases and 125 wells, and the rule below applies to all of them.

Discovered
1981-04-09
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 100181 PER AMENDMENT TO SWR 28 & 29

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 Gas112004-05-14156101
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
CondensateDisposition2,622 bbl$132,658
GasProduction4,521,516 Mcf$28,709,334
Total$28,841,992

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 27.0320, -99.1442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.03202, -99.14420 · 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
12,700 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 12,700 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-505348243812,700 ftSep 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 (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 202601,057106.413.05$3,219
Apr 202601,22798.932.87$3,521
Mar 202601,32389.753.15$4,167
Feb 202601,23363.503.75$4,624
Jan 202601,51059.138.00$12,077
Dec 202511,13756.664.41$5,075
Nov 202501,29958.593.93$5,100
Oct 202501,34459.383.30$4,442
Sep 202511,18662.743.08$3,712
Aug 202501,23163.933.01$3,711
Jul 202511,61866.743.32$5,431
Jun 202511,55766.483.13$4,938
May 202501,66160.553.23$5,369
Apr 202511,89562.363.54$6,777
Mar 202502,44267.704.27$10,423
Feb 202502,40870.884.34$10,453
Jan 202502,23774.324.28$9,571
Dec 2024059468.993.12$1,854
Nov 2024050969.052.20$1,119
Oct 2024052371.372.28$1,193
Sep 2024050869.612.36$1,201
Aug 2024053075.632.06$1,094
Jul 2024052079.932.15$1,116
Jun 2024049778.082.63$1,309
May 2024050678.812.20$1,112
Apr 2024052584.451.66$871
Mar 2024048480.301.55$748
Feb 2024545176.091.78$1,185
Jan 2024044873.023.30$1,477
Dec 2023052571.262.61$1,371
Nov 2023049077.892.81$1,376
Oct 2023051285.443.09$1,581
Sep 2023052089.042.74$1,422
Aug 2023054680.522.67$1,459
Jul 2023056374.852.64$1,487
Jun 2023053868.962.26$1,215
May 2023157670.622.23$1,354
Apr 2023054978.122.24$1,229
Mar 2023052072.852.39$1,244
Feb 2023341175.112.47$1,239
Jan 2023053576.533.39$1,812
Dec 2022060576.415.73$3,466
Nov 2022354585.005.65$3,332
Oct 2022049387.185.86$2,891
Sep 2022051384.888.16$4,188
Aug 2022058194.529.13$5,303
Jul 20220578101.587.54$4,359
Jun 20220561115.097.98$4,475
May 20221668109.378.43$5,743
Apr 20220953104.226.84$6,516
Mar 202211,183108.885.08$6,114
Feb 2022053191.054.86$2,580
Jan 2022095081.844.54$4,311
Dec 202101,06371.323.90$4,145
Nov 202161,16577.435.24$6,566
Oct 202101,35179.795.71$7,719
Sep 202111,44469.865.35$7,797
Aug 202121,05266.024.22$4,572
Jul 2021071970.783.98$2,863
Jun 2021071869.493.38$2,427
May 2021269063.483.02$2,209
Apr 2021172160.362.76$2,049
Mar 2021183261.302.72$2,322
Feb 2021098257.805.55$5,448
Jan 202111,29650.412.81$3,693
Dec 2020188644.642.68$2,415
Nov 202001,34838.772.71$3,648
Oct 202001,57136.972.48$3,894
Sep 202001,60737.091.99$3,200
Aug 202011,39239.982.39$3,360
Jul 202001,79538.371.83$3,276
Jun 202011,14834.901.69$1,975
May 202001,70816.921.81$3,100
Apr 202001,77614.751.80$3,205
Mar 202001,98430.341.86$3,683
Feb 2020186049.881.98$1,753
Jan 2020289957.252.09$1,998
Dec 2019091159.012.30$2,099
Nov 201911,04455.302.75$2,927
Oct 201901,87153.472.42$4,525
Sep 201901,91655.052.66$5,091
Aug 201902,13153.112.30$4,911
Jul 201901,16256.272.46$2,859
Jun 201901,23552.782.49$3,077
May 201921,07858.482.74$3,071
Apr 201931,70362.632.75$4,872
Mar 201902,63256.803.06$8,059
Feb 201951,60750.852.79$4,741
Jan 201911,14646.033.23$3,746
Dec 201801,12446.594.19$4,704
Nov 201801,62352.934.24$6,877
Oct 201811,23361.443.40$4,251
Sep 201811,74759.543.11$5,489
Aug 201801,72759.403.07$5,296
Jul 201802,01965.142.93$5,919
Jun 201801,95060.183.08$6,000
May 201822,34465.382.90$6,930
Apr 201811,76463.842.90$5,181
Mar 201802,31661.222.79$6,454
Feb 201811,94461.782.77$5,439
Jan 201821,77662.874.01$7,246
Dec 201701,53557.272.92$4,485
Nov 201702,10855.423.12$6,574
Oct 201722,17949.292.98$6,600
Sep 201702,13847.523.09$6,601
Aug 201702,29545.373.00$6,895
Jul 201712,33143.873.09$7,240
Jun 201712,24642.493.09$6,977
May 201702,33845.373.26$7,630
Apr 201712,28647.933.21$7,390
Mar 201732,33246.772.98$7,098
Feb 201702,08950.452.95$6,168
Jan 201762,11749.413.42$7,534
Dec 201602,64648.763.72$9,851
Nov 201652,79842.492.64$7,611
Oct 201602,64346.193.09$8,168
Sep 201642,15541.553.10$6,848
Aug 201602,10741.442.92$6,162
Jul 201601,89441.622.92$5,539
Jun 201622,11145.352.69$5,760
May 201621,97242.521.99$4,011
Apr 201612,57936.561.99$5,171
Mar 201622,70133.011.79$4,912
Feb 201602,58826.472.06$5,341
Jan 201622,90427.352.36$6,921
Dec 201552,68932.362.00$5,544
Nov 201502,61038.792.17$5,657
Oct 201513,01343.552.43$7,355
Sep 201512,99842.992.76$8,313
Aug 201522,97740.162.87$8,632
Jul 201543,18148.152.95$9,561
Jun 201533,17456.152.88$9,319
May 201512,82455.212.96$8,401
Apr 201512,18849.822.71$5,972
Mar 201512,51842.892.93$7,432
Feb 2015122,41744.662.98$7,729
Jan 201512,73343.433.10$8,517
Dec 201422,68054.693.59$9,734
Nov 201412,65070.464.25$11,338
Oct 201411,93378.303.90$7,619
Sep 201402,86886.164.05$11,602
Aug 201412,14089.394.04$8,725
Jul 201413,36196.564.18$14,144
Jun 201424,27798.164.74$20,456
May 2014285,06694.734.73$26,597
Apr 201405,61595.944.81$27,003
Mar 201404,15595.895.06$21,011
Feb 201405,67397.406.19$35,127
Jan 201404,61190.404.86$22,413
Dec 201311,42891.824.35$6,310
Nov 201341,30588.853.74$5,234
Oct 201301,23597.423.78$4,668
Sep 201301,492104.113.72$5,547
Aug 201301,730104.253.52$6,094
Jul 201301,302102.523.72$4,841
Jun 201301,03994.403.93$4,087
May 201301,39994.834.15$5,805
Apr 2013163,73893.964.28$17,512
Mar 201314,47993.623.91$17,619
Feb 201323,92691.233.42$13,609
Jan 2013394,06891.603.42$17,485
Dec 201203,94386.773.42$13,486
Nov 201204,13786.953.62$14,996
Oct 201204,87189.383.40$16,560
Sep 201204,67894.672.92$13,652
Aug 201202,72692.662.91$7,928
Jul 201204,07385.133.02$12,304
Jun 201204,03179.822.52$10,154
May 201204,42891.612.49$11,018
Apr 201204,384101.652.00$8,754
Mar 2012194,652105.052.22$12,333
Feb 201204,547101.102.57$11,687
Jan 201205,23498.092.73$14,310
Dec 2011194,76696.873.24$17,281
Nov 201104,62895.723.31$15,325
Oct 201105,66784.983.65$20,676
Sep 201104,31283.623.99$17,187
Aug 2011125,68283.404.15$24,577
Jul 201106,15894.144.52$27,817
Jun 201106,32292.904.64$29,333
May 201106,40798.134.40$28,222
Apr 201102,544105.964.33$11,024
Mar 201104,96296.364.06$20,133
Feb 201105,11185.644.18$21,364
Jan 2011106,19386.504.59$29,283
Dec 201006,24785.734.35$27,160
Nov 201006,40480.843.80$24,305
Oct 201007,33678.103.51$25,741
Sep 201004,76072.633.98$18,942
Aug 201007,33473.684.42$32,412
Jul 201006,95572.554.74$32,942
Jun 2010497,42270.364.91$39,893
May 201007,76571.124.24$32,886
Apr 201007,54081.694.12$31,085
Mar 201008,71378.394.39$38,238
Feb 201008,56873.585.44$46,630
Jan 201008,67274.365.96$51,721
Dec 200908,58971.445.48$47,100
Nov 200909,03374.593.75$33,887
Oct 200909,79272.544.11$40,248
Sep 2009285,00365.543.06$17,168
Aug 200989,17667.423.22$30,072
Jul 200908,63061.133.46$29,899
Jun 200908,35366.163.90$32,535
May 200903,07754.743.93$12,080
Apr 200909,40246.773.59$33,730
Mar 2009011,83342.144.06$48,030
Feb 200909,11432.814.63$42,225
Jan 2009014,76435.865.37$79,297
Dec 2008011,26037.105.98$67,303
Nov 200807,64255.496.86$52,427
Oct 2008011,63375.246.92$80,523
Sep 2008013,410101.767.88$105,632
Aug 200806,786114.228.48$57,566
Jul 2008010,567131.0811.39$120,352
Jun 2008013,554131.3313.03$176,644
May 20085110,557123.1711.57$128,471
Apr 2008114,256110.3110.45$149,155
Mar 2008013,618101.909.66$131,605
Feb 2008014,38792.538.77$126,182
Jan 2008014,75390.388.21$121,059
Dec 2007015,71988.337.30$114,780
Nov 2007013,39691.677.29$97,680
Oct 2007017,05582.856.92$118,054
Sep 200710816,14475.846.24$108,996
Aug 2007016,05669.066.39$102,565
Jul 2007018,16070.906.39$116,005
Jun 2007020,38662.007.55$153,883
May 2007020,39158.747.85$159,994
Apr 2007118,87059.617.81$147,344
Mar 2007022,31156.927.30$162,914
Feb 2007019,84255.108.22$163,022
Jan 2007023,11750.306.73$155,505
Dec 20069326,03956.656.92$185,418
Nov 2006221,08054.207.62$160,685
Oct 2006227,19854.906.01$163,673
Sep 2006023,85160.085.04$120,142
Aug 2006227,86368.717.34$204,650
Jul 2006433,20269.376.34$210,870
Jun 2006030,49266.286.38$194,657
May 200616233,49766.016.42$225,912
Apr 2006134,12264.397.36$251,219
Mar 2006440,07956.707.08$284,103
Feb 2006034,99157.597.75$271,219
Jan 2006440,28160.598.93$360,085
Dec 2005046,96854.9413.42$630,095
Nov 2005346,10054.6910.59$488,289
Oct 200515349,11258.3413.80$686,463
Sep 2005451,25761.4512.08$619,379
Aug 2005053,56161.519.80$524,729
Jul 2005054,30255.697.84$425,925
Jun 200515649,49252.337.38$373,466
May 2005055,43645.226.65$368,714
Apr 2005064,24549.207.36$472,874
Mar 200516367,05050.377.15$487,945
Feb 2005268,59445.226.31$433,050
Jan 2005465,13143.166.32$411,944
Dec 2004159,78739.866.75$403,667
Nov 200416061,91245.286.33$399,174
Oct 2004274,69349.706.52$486,732
Sep 2004962,10543.245.28$328,546
Aug 20042098,80942.375.55$549,303
Jul 2004169152,07538.286.08$931,721
Jun 20047174,90436.106.43$1,125,414
May 2004201222,06937.486.49$1,449,778
Apr 200412268,32534.475.86$1,572,385
Mar 2004183332,72734.365.53$1,846,315
Feb 2004192322,63932.455.51$1,783,849
Jan 2004195336,35432.036.30$2,125,155
Dec 2003184276,72430.266.30$1,749,383
Nov 2003085,14228.804.60$391,241

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                1,057 Mcf  × $  3.05 =     $3,219

────────────────────────────────────────────────────
Month total                                   $3,219

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/199638 is the state's own key, not one this site invented.