MORALES

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 200676District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Feb 2004 – May 2026
Value, last 12 filed months
$110 k
at the published price for each month
Months reported
268
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 Gas112004-10-18157989
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
CondensateDisposition76 bbl$6,012
GasProduction1,691,244 Mcf$9,945,274
Total$9,951,286

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 26.9269, -99.2758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.92694, -99.27578 · 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
11,040 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 11,040 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-50534894211,040 ftFeb 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 (268)

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

268 months

May 202602,220106.413.05$6,762
Apr 202602,33198.932.87$6,689
Mar 202602,49889.753.15$7,867
Feb 202602,37163.503.75$8,892
Jan 202602,58959.138.00$20,707
Dec 202502,69556.664.41$11,894
Nov 202502,77858.593.93$10,908
Oct 202503,05559.383.30$10,096
Sep 202503,17062.743.08$9,754
Aug 202503,74763.933.01$11,296
Jul 2025079966.743.32$2,649
Jun 2025070766.483.13$2,212
May 2025091160.553.23$2,945
Apr 2025081162.363.54$2,873
Mar 2025081367.704.27$3,470
Feb 2025069670.884.34$3,021
Jan 2025074974.324.28$3,205
Dec 2024073068.993.12$2,279
Nov 2024071969.052.20$1,581
Oct 2024071571.372.28$1,631
Sep 2024078369.612.36$1,851
Aug 2024082975.632.06$1,711
Jul 202402,46779.932.15$5,296
Jun 202402,72878.082.63$7,186
May 202403,30378.812.20$7,261
Apr 202402,65284.451.66$4,400
Mar 202403,54980.301.55$5,484
Feb 202402,66876.091.78$4,759
Jan 202402,94973.023.30$9,725
Dec 202303,86571.262.61$10,090
Nov 202303,85277.892.81$10,815
Oct 202304,05285.443.09$12,510
Sep 202303,84689.042.74$10,519
Aug 202304,21980.522.67$11,277
Jul 202304,90474.852.64$12,955
Jun 202305,73768.962.26$12,957
May 202305,88170.622.23$13,099
Apr 202301,85778.122.24$4,156
Mar 202302,25172.852.39$5,387
Feb 202302,05275.112.47$5,060
Jan 202303,55776.533.39$12,050
Dec 202203,97876.415.73$22,790
Nov 202204,50585.005.65$25,436
Oct 202204,65887.185.86$27,313
Sep 202204,23484.888.16$34,565
Aug 202205,86094.529.13$53,485
Jul 202206,035101.587.54$45,516
Jun 202206,028115.097.98$48,087
May 202203,493109.378.43$29,457
Apr 202202,482104.226.84$16,971
Mar 202203,358108.885.08$17,047
Feb 202203,33591.054.86$16,204
Jan 2022048481.844.54$2,196
Dec 2021051671.323.90$2,012
Nov 2021050277.435.24$2,629
Oct 2021050679.795.71$2,891
Sep 2021053469.865.35$2,857
Aug 2021055566.024.22$2,342
Jul 2021053470.783.98$2,126
Jun 2021050669.493.38$1,711
May 2021051663.483.02$1,557
Apr 2021046160.362.76$1,272
Mar 2021047361.302.72$1,285
Feb 2021040957.805.55$2,269
Jan 2021047050.412.81$1,321
Dec 2020050544.642.68$1,351
Nov 2020045338.772.71$1,226
Oct 2020049736.972.48$1,232
Sep 2020049937.091.99$994
Aug 2020050039.982.39$1,193
Jul 2020049338.371.83$900
Jun 2020049434.901.69$835
May 2020046516.921.81$844
Apr 2020040914.751.80$738
Mar 2020041830.341.86$776
Feb 2020037249.881.98$737
Jan 2020044757.252.09$936
Dec 2019044259.012.30$1,019
Nov 2019041455.302.75$1,139
Oct 2019047553.472.42$1,149
Sep 2019042555.052.66$1,129
Aug 2019046253.112.30$1,065
Jul 2019044356.272.46$1,090
Jun 2019045352.782.49$1,129
May 2019050258.482.74$1,376
Apr 2019056162.632.75$1,543
Mar 2019044356.803.06$1,357
Feb 2019030850.852.79$860
Jan 2019030946.033.23$998
Dec 2018045646.594.19$1,909
Nov 2018066352.934.24$2,809
Oct 201801,94461.443.40$6,606
Sep 2018080059.543.11$2,486
Aug 2018057559.403.07$1,763
Jul 201801,07665.142.93$3,155
Jun 2018042460.183.08$1,305
May 201801,32665.382.90$3,846
Apr 201802,15163.842.90$6,240
Mar 201801,91761.222.79$5,342
Feb 201802,10561.782.77$5,823
Jan 201802,07662.874.01$8,323
Dec 201701,94557.272.92$5,682
Nov 201702,16155.423.12$6,739
Oct 201701,77649.292.98$5,299
Sep 201701,73947.523.09$5,369
Aug 201702,28245.373.00$6,856
Jul 201701,72243.873.09$5,316
Jun 201702,54442.493.09$7,854
May 201702,72445.373.26$8,890
Apr 201702,54047.933.21$8,157
Mar 201702,63846.772.98$7,871
Feb 201702,47550.452.95$7,308
Jan 201702,83949.413.42$9,706
Dec 201602,81448.763.72$10,476
Nov 201602,72742.492.64$7,211
Oct 201602,83846.193.09$8,770
Sep 201602,92841.553.10$9,079
Aug 201602,72341.442.92$7,963
Jul 201602,96941.622.92$8,682
Jun 201602,71445.352.69$7,289
May 201602,84242.521.99$5,659
Apr 201602,88436.561.99$5,742
Mar 201603,13733.011.79$5,628
Feb 201602,48326.472.06$5,124
Jan 201603,08027.352.36$7,282
Dec 201503,14432.362.00$6,292
Nov 201503,02938.792.17$6,565
Oct 201503,05843.552.43$7,420
Sep 201503,03342.992.76$8,366
Aug 201503,04740.162.87$8,752
Jul 201503,08248.152.95$9,077
Jun 201503,04156.152.88$8,767
May 201503,53755.212.96$10,453
Apr 201503,04949.822.71$8,252
Mar 201503,30442.892.93$9,696
Feb 201502,85344.662.98$8,491
Jan 201503,56343.433.10$11,048
Dec 201403,65454.693.59$13,123
Nov 201403,90070.464.25$16,582
Oct 201402,84078.303.90$11,079
Sep 201403,60986.164.05$14,600
Aug 20140089.394.04$0
Jul 201423,94696.564.18$16,686
Jun 201413,73198.164.74$17,771
May 201403,01194.734.73$14,232
Apr 201403,48395.944.81$16,750
Mar 201403,98395.895.06$20,141
Feb 201403,53797.406.19$21,901
Jan 201403,97190.404.86$19,302
Dec 201304,00891.824.35$17,453
Nov 201303,91188.853.74$14,620
Oct 201303,94497.423.78$14,906
Sep 201304,003104.113.72$14,882
Aug 201304,203104.253.52$14,806
Jul 201304,306102.523.72$16,009
Jun 201304,34494.403.93$17,087
May 201304,53794.834.15$18,824
Apr 201304,30893.964.28$18,449
Mar 201363,38893.623.91$13,819
Feb 201303,04191.233.42$10,400
Jan 201304,67091.603.42$15,971
Dec 201224,74086.773.42$16,385
Nov 201214,95886.953.62$18,060
Oct 201225,01989.383.40$17,242
Sep 201203,33794.672.92$9,739
Aug 201203,52192.662.91$10,240
Jul 201203,18685.133.02$9,624
Jun 201204,31779.822.52$10,875
May 201204,87391.612.49$12,126
Apr 201204,352101.652.00$8,690
Mar 201224,458105.052.22$10,116
Feb 201204,490101.102.57$11,540
Jan 201204,77798.092.73$13,061
Dec 201114,82796.873.24$15,735
Nov 201104,76195.723.31$15,765
Oct 201105,06984.983.65$18,494
Sep 201104,92883.623.99$19,642
Aug 201105,18783.404.15$21,523
Jul 201105,02694.144.52$22,704
Jun 201104,52492.904.64$20,991
May 201105,01498.134.40$22,086
Apr 201103,984105.964.33$17,264
Mar 201104,02096.364.06$16,311
Feb 201113,66285.644.18$15,393
Jan 201104,83986.504.59$22,205
Dec 201004,47185.734.35$19,439
Nov 201015,39680.843.80$20,560
Oct 201005,06578.103.51$17,773
Sep 201004,92772.633.98$19,607
Aug 201004,55573.684.42$20,130
Jul 201005,53772.554.74$26,226
Jun 201005,45170.364.91$26,767
May 201015,82171.124.24$24,724
Apr 201005,12981.694.12$21,145
Mar 201025,36678.394.39$23,706
Feb 201005,03173.585.44$27,381
Jan 201005,99174.365.96$35,731
Dec 200916,40471.445.48$35,189
Nov 200906,09174.593.75$22,850
Oct 200905,86772.544.11$24,115
Sep 200905,84065.543.06$17,898
Aug 200906,44167.423.22$20,730
Jul 200936,37661.133.46$22,273
Jun 200906,41566.163.90$24,986
May 200906,75454.743.93$26,515
Apr 200916,30346.773.59$22,659
Mar 200916,53542.144.06$26,568
Feb 200967,17032.814.63$33,415
Jan 200908,32135.865.37$44,692
Dec 200819,48137.105.98$56,706
Nov 200839,32455.496.86$64,132
Oct 200839,98175.246.92$69,314
Sep 200828,981101.767.88$70,948
Aug 200819,339114.228.48$79,337
Jul 200809,374131.0811.39$106,765
Jun 200828,740131.3313.03$114,168
May 200819,731123.1711.57$112,753
Apr 200818,165110.3110.45$85,474
Mar 200838,306101.909.66$80,575
Feb 200847,53492.538.77$66,448
Jan 200809,22290.388.21$75,673
Dec 200739,60888.337.30$70,422
Nov 200738,06391.677.29$59,068
Oct 200755,60882.856.92$39,233
Sep 200728,83775.846.24$55,331
Aug 200709,67769.066.39$61,816
Jul 2007010,41670.906.39$66,537
Jun 2007110,57362.007.55$79,872
May 2007011,78858.747.85$92,492
Apr 2007111,47659.617.81$89,632
Mar 2007011,89456.927.30$86,850
Feb 2007112,79055.108.22$105,138
Jan 2007015,85250.306.73$106,634
Dec 2006010,69856.656.92$74,013
Nov 200609,97354.207.62$75,969
Oct 2006010,70854.906.01$64,396
Sep 200607,89060.085.04$39,744
Aug 2006010,46868.717.34$76,834
Jul 200609,81669.376.34$62,261
Jun 200609,28566.286.38$59,274
May 2006012,55366.016.42$80,653
Apr 2006013,63364.397.36$100,345
Mar 2006013,36856.707.08$94,684
Feb 2006011,16557.597.75$86,541
Jan 2006215,03160.598.93$134,398
Dec 2005125,78754.9413.42$345,998
Nov 2005014,35054.6910.59$151,944
Oct 2005010,61458.3413.80$146,428
Sep 2005010,49261.4512.08$126,733
Aug 2005010,91661.519.80$106,942
Jul 2005013,67155.697.84$107,230
Jun 2005010,06652.337.38$74,298
May 2005017,95745.226.65$119,435
Apr 2005114,47649.207.36$106,600
Mar 2005115,17050.377.15$108,590
Feb 2005014,80545.226.31$93,448
Jan 2005018,63843.166.32$117,833
Dec 2004020,63839.866.75$139,329
Nov 2004021,63645.286.33$136,965
Oct 2004032,03949.706.52$208,737
Sep 2004024,37843.245.28$128,811
Aug 2004029,35742.375.55$162,951
Jul 2004035,67238.286.08$217,035
Jun 2004046,99336.106.43$302,307
May 2004072,01637.486.49$467,714
Apr 20040110,00834.475.86$644,477
Mar 20040117,19534.365.53$648,105
Feb 2004014,46532.455.51$79,697

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                2,220 Mcf  × $  3.05 =     $6,762

────────────────────────────────────────────────────
Month total                                   $6,762

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/200676 is the state's own key, not one this site invented.