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 200450District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Mar 2004 – May 2026
Value, last 12 filed months
$772
at the published price for each month
Months reported
267
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 Gas112004-08-05157197
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
CondensateDisposition5,181 bbl$323,788
GasProduction778,731 Mcf$4,801,748
Total$5,125,536

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 27.6082, -99.0175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60824, -99.01753 · 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
10,200 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 10,200 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-479386161810,200 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 (267)

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

267 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202513059.383.30$772
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019014156.803.06$432
Feb 2019011850.852.79$329
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160748.763.72$26
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201601,71941.442.92$5,027
Jul 201601,71941.622.92$5,027
Jun 201601,71445.352.69$4,604
May 201601,49742.521.99$2,981
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201503843.552.43$92
Sep 2015020042.992.76$552
Aug 2015059140.162.87$1,698
Jul 2015092548.152.95$2,724
Jun 2015086656.152.88$2,497
May 2015571,42055.212.96$7,344
Apr 2015541,49349.822.71$6,731
Mar 2015612,25442.892.93$9,231
Feb 2015082244.662.98$2,446
Jan 201501,60443.433.10$4,973
Dec 201402,17954.693.59$7,826
Nov 2014452,62270.464.25$14,319
Oct 2014023378.303.90$909
Sep 20140086.164.05$0
Aug 20141089.394.04$89
Jul 20140096.564.18$0
Jun 20144219298.164.74$5,032
May 201402,49194.734.73$11,774
Apr 201403,39995.944.81$16,346
Mar 201404,33195.895.06$21,901
Feb 20140097.406.19$0
Jan 2014129290.404.86$1,532
Dec 2013231,17991.824.35$7,246
Nov 2013351,67788.853.74$9,379
Oct 201302,94397.423.78$11,123
Sep 2013134,174104.113.72$16,871
Aug 201303,388104.253.52$11,935
Jul 201301,954102.523.72$7,264
Jun 2013115094.403.93$1,235
May 201304,40194.834.15$18,260
Apr 201306,01893.964.28$25,773
Mar 201303,43593.623.91$13,441
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201201086.773.42$34
Nov 2012047186.953.62$1,707
Oct 2012080089.383.40$2,720
Sep 2012069194.672.92$2,017
Aug 2012084892.662.91$2,466
Jul 2012088485.133.02$2,670
Jun 2012179079.822.52$2,070
May 201273,55691.612.49$9,490
Apr 2012192,244101.652.00$6,412
Mar 2012123,098105.052.22$8,145
Feb 201203,179101.102.57$8,171
Jan 201202,62798.092.73$7,182
Dec 201106,94496.873.24$22,497
Nov 201101,96695.723.31$6,510
Oct 201102,51584.983.65$9,176
Sep 2011093783.623.99$3,735
Aug 2011133,79483.404.15$16,827
Jul 2011122,41194.144.52$12,021
Jun 2011143,68992.904.64$18,417
May 2011325,28198.134.40$26,402
Apr 2011355,480105.964.33$27,455
Mar 2011486,69796.364.06$31,797
Feb 2011915,53285.644.18$30,917
Jan 20111054,62586.504.59$30,306
Dec 2010501,12385.734.35$9,169
Nov 2010124,45780.843.80$17,886
Oct 2010131,78878.103.51$7,289
Sep 201041,31872.633.98$5,535
Aug 2010161,99373.684.42$9,987
Jul 2010994472.554.74$5,124
Jun 2010161,06370.364.91$6,346
May 201041,62971.124.24$7,184
Apr 201085,80881.694.12$24,598
Mar 2010163,70078.394.39$17,492
Feb 20101184373.585.44$5,397
Jan 20101236,41974.365.96$47,430
Dec 2009776,59571.445.48$41,666
Nov 2009877,65474.593.75$35,203
Oct 200902,76872.544.11$11,377
Sep 200907,87965.543.06$24,147
Aug 200935,50167.423.22$17,907
Jul 200955,76561.133.46$20,278
Jun 2009133,11566.163.90$12,993
May 2009193,88554.743.93$16,292
Apr 2009434,36446.773.59$17,667
Mar 2009202,18142.144.06$9,695
Feb 2009566,01932.814.63$29,723
Jan 2009334,61535.865.37$25,971
Dec 2008145,52537.105.98$33,543
Nov 20081387355.496.86$6,710
Oct 2008516,63375.246.92$49,751
Sep 2008416,796101.767.88$57,705
Aug 2008987,789114.228.48$77,268
Jul 2008323,007131.0811.39$38,443
Jun 20082407131.3313.03$5,567
May 2008122,922123.1711.57$35,298
Apr 2008195,284110.3110.45$57,339
Mar 2008424,569101.909.66$48,435
Feb 2008584,49392.538.77$44,773
Jan 2008835,14190.388.21$49,687
Dec 2007657,05788.337.30$57,271
Nov 2007254,71191.677.29$36,643
Oct 20071860982.856.92$5,707
Sep 2007473,75375.846.24$26,999
Aug 2007587,23269.066.39$50,203
Jul 2007747,92070.906.39$55,839
Jun 2007425,48262.007.55$43,985
May 2007475,81658.747.85$48,395
Apr 2007615,58659.617.81$47,236
Mar 2007566,80556.927.30$52,877
Feb 2007556,72155.108.22$58,250
Jan 2007597,93450.306.73$56,339
Dec 2006769,63356.656.92$70,951
Nov 2006347,25954.207.62$57,138
Oct 2006434,84154.906.01$31,474
Sep 2006405,59560.085.04$30,586
Aug 2006575,75768.717.34$46,172
Jul 2006426,20369.376.34$42,258
Jun 2006435,29966.286.38$36,678
May 2006686,54566.016.42$46,540
Apr 2006726,79064.397.36$54,614
Mar 2006797,56356.707.08$58,047
Feb 2006616,85757.597.75$56,662
Jan 20061178,59460.598.93$83,862
Dec 20051075,74554.9413.42$82,950
Nov 20058911,76554.6910.59$129,440
Oct 20051056,22958.3413.80$92,059
Sep 2005785,33161.4512.08$69,186
Aug 2005388,46661.519.80$85,277
Jul 2005929,10455.697.84$76,532
Jun 20058610,33052.337.38$80,747
May 20056310,45745.226.65$72,400
Apr 2005739,37449.207.36$72,589
Mar 20057110,13950.377.15$76,120
Feb 20055910,75145.226.31$70,527
Jan 200510414,93143.166.32$98,885
Dec 20049514,05439.866.75$98,666
Nov 20047212,86145.286.33$84,676
Oct 20045217,36849.706.52$115,739
Sep 20045618,26943.245.28$98,953
Aug 20047121,57242.375.55$122,747
Jul 20046424,90438.286.08$153,970
Jun 20049221,30936.106.43$140,402
May 200413732,76537.486.49$217,930
Apr 200423844,03834.475.86$266,199
Mar 200414132,58734.365.53$185,055

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.

Oct 2025 — as filed, then multipliedworked
Condensate            13 bbl  × $ 59.38 =       $772
Gas                    0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $772

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/200450 is the state's own key, not one this site invented.