LUNDELL

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 201948District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.4 M
Mar 2004 – May 2026
Value, last 12 filed months
$20 k
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 Gas112004-08-04158317
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
CondensateDisposition49,604 bbl$2,444,807
GasProduction2,537,737 Mcf$16,964,679
Total$19,409,486

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 27.6415, -99.0576. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64151, -99.05759 · 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
9,961 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 9,961 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-47938605939,961 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 20262331106.413.05$1,221
Apr 2026235098.932.87$1,202
Mar 2026138389.753.15$1,296
Feb 2026237463.503.75$1,530
Jan 2026138859.138.00$3,162
Dec 2025251256.664.41$2,373
Nov 2025233658.593.93$1,436
Oct 2025241359.383.30$1,484
Sep 2025151662.743.08$1,650
Aug 2025142863.933.01$1,354
Jul 2025252566.743.32$1,874
Jun 2025044966.483.13$1,405
May 2025255860.553.23$1,925
Apr 2025245162.363.54$1,723
Mar 2025047167.704.27$2,010
Feb 2025320570.884.34$1,103
Jan 2025153374.324.28$2,355
Dec 2024238368.993.12$1,333
Nov 2024242169.052.20$1,064
Oct 2024056071.372.28$1,278
Sep 2024154669.612.36$1,361
Aug 2024247075.632.06$1,121
Jul 2024244479.932.15$1,113
Jun 2024143378.082.63$1,219
May 2024040078.812.20$879
Apr 2024035684.451.66$591
Mar 2024035780.301.55$552
Feb 2024047676.091.78$849
Jan 2024055673.023.30$1,834
Dec 2023057471.262.61$1,499
Nov 2023054177.892.81$1,519
Oct 2023044185.443.09$1,361
Sep 2023046689.042.74$1,275
Aug 2023062180.522.67$1,660
Jul 2023056574.852.64$1,493
Jun 2023054868.962.26$1,238
May 2023047270.622.23$1,051
Apr 2023051178.122.24$1,144
Mar 2023050172.852.39$1,199
Feb 2023055375.112.47$1,364
Jan 2023057676.533.39$1,951
Dec 2022046776.415.73$2,675
Nov 2022044285.005.65$2,496
Oct 2022070387.185.86$4,122
Sep 2022051484.888.16$4,196
Aug 2022045094.529.13$4,107
Jul 20220592101.587.54$4,465
Jun 20220175115.097.98$1,396
May 20220401109.378.43$3,382
Apr 20220310104.226.84$2,120
Mar 20220479108.885.08$2,432
Feb 2022039691.054.86$1,924
Jan 2022054081.844.54$2,450
Dec 2021062471.323.90$2,433
Nov 2021050677.435.24$2,650
Oct 2021048579.795.71$2,771
Sep 2021030269.865.35$1,616
Aug 2021053266.024.22$2,245
Jul 2021053770.783.98$2,138
Jun 2021010969.493.38$368
May 2021012963.483.02$389
Apr 2021028860.362.76$794
Mar 202109761.302.72$264
Feb 2021014357.805.55$793
Jan 2021022250.412.81$624
Dec 2020031644.642.68$845
Nov 2020026238.772.71$709
Oct 2020022836.972.48$565
Sep 2020025037.091.99$498
Aug 2020028839.982.39$687
Jul 2020017438.371.83$318
Jun 2020021434.901.69$362
May 2020036616.921.81$664
Apr 2020029314.751.80$529
Mar 2020049330.341.86$915
Feb 2020048049.881.98$951
Jan 2020040157.252.09$840
Dec 2019097759.012.30$2,251
Nov 201901,83655.302.75$5,050
Oct 201902,23253.472.42$5,398
Sep 201902,39655.052.66$6,367
Aug 201901,94053.112.30$4,470
Jul 201901,72456.272.46$4,241
Jun 2019083252.782.49$2,073
May 2019014558.482.74$397
Apr 2019012262.632.75$336
Mar 2019044656.803.06$1,366
Feb 2019033850.852.79$944
Jan 2019028546.033.23$920
Dec 2018019546.594.19$816
Nov 2018054352.934.24$2,301
Oct 201801,41861.443.40$4,818
Sep 201801,63859.543.11$5,091
Aug 201801,60259.403.07$4,913
Jul 201801,55065.142.93$4,544
Jun 201801,57860.183.08$4,855
May 201802,25465.382.90$6,538
Apr 201802,15063.842.90$6,237
Mar 201802,16561.222.79$6,034
Feb 201802,73661.782.77$7,568
Jan 201803,24262.874.01$12,998
Dec 2017039357.272.92$1,148
Nov 2017044155.423.12$1,375
Oct 2017037249.292.98$1,110
Sep 2017033047.523.09$1,019
Aug 2017030745.373.00$922
Jul 2017029943.873.09$923
Jun 2017026342.493.09$812
May 2017029245.373.26$953
Apr 2017031647.933.21$1,015
Mar 201702,43346.772.98$7,259
Feb 201701,78950.452.95$5,282
Jan 201701,19249.413.42$4,075
Dec 201601,89748.763.72$7,062
Nov 201601,85942.492.64$4,916
Oct 201601,98046.193.09$6,119
Sep 201601,73541.553.10$5,380
Aug 201601,94141.442.92$5,676
Jul 201601,83641.622.92$5,369
Jun 201601,00245.352.69$2,691
May 201601,59942.521.99$3,184
Apr 201601,61736.561.99$3,220
Mar 201601,66133.011.79$2,980
Feb 201601,65426.472.06$3,413
Jan 201601,81127.352.36$4,282
Dec 201502,37732.362.00$4,757
Nov 201502,55338.792.17$5,533
Oct 201501,61843.552.43$3,926
Sep 201502,80142.992.76$7,726
Aug 201501,98140.162.87$5,690
Jul 201501,49148.152.95$4,391
Jun 201501,66456.152.88$4,797
May 201502,79955.212.96$8,272
Apr 201502,93449.822.71$7,941
Mar 201503,63142.892.93$10,656
Feb 201503,84344.662.98$11,438
Jan 201503,34043.433.10$10,356
Dec 201403,73854.693.59$13,425
Nov 201452,36670.464.25$10,412
Oct 20141827678.303.90$2,486
Sep 2014158986.164.05$1,652
Aug 20141592,30589.394.04$23,514
Jul 20141653,07296.564.18$28,772
Jun 20141803,47798.164.74$34,139
May 20142043,48594.734.73$35,797
Apr 20142093,99095.944.81$39,240
Mar 2014452,53995.895.06$17,154
Feb 2014332,01397.406.19$15,679
Jan 2014281,91790.404.86$11,849
Dec 2013321,90791.824.35$11,242
Nov 2013241,96488.853.74$9,474
Oct 2013713,90497.423.78$21,671
Sep 2013764,324104.113.72$23,988
Aug 2013724,903104.253.52$24,777
Jul 201343,545102.523.72$13,589
Jun 2013442,30794.403.93$13,228
May 2013612,44694.834.15$15,933
Apr 2013552,63493.964.28$16,448
Mar 2013632,40793.623.91$15,316
Feb 20133676291.233.42$5,890
Jan 2013491,21091.603.42$8,626
Dec 2012771,87186.773.42$13,080
Nov 2012721,92986.953.62$13,253
Oct 2012762,26889.383.40$14,503
Sep 2012852,51994.672.92$15,398
Aug 20121432,36292.662.91$20,119
Jul 2012952,48785.133.02$15,600
Jun 20121321,99979.822.52$15,572
May 20121472,36491.612.49$19,349
Apr 2012721,583101.652.00$10,480
Mar 201246570105.052.22$6,099
Feb 20121011,502101.102.57$14,072
Jan 20121171,72298.092.73$16,185
Dec 20111042,43596.873.24$17,963
Nov 2011832,05595.723.31$14,749
Oct 2011451,20184.983.65$8,206
Sep 20111277883.623.99$4,104
Aug 20111766783.404.15$4,185
Jul 20111767894.144.52$4,663
Jun 2011973,62692.904.64$25,836
May 20111667,96498.134.40$51,370
Apr 2011672,629105.964.33$18,492
Mar 2011722,47796.364.06$16,988
Feb 2011731,65885.644.18$13,182
Jan 20114698286.504.59$8,485
Dec 2010701,27185.734.35$11,527
Nov 20103476880.843.80$5,663
Oct 20101363,80178.103.51$23,959
Sep 201003,28072.633.98$13,053
Aug 201004,06373.684.42$17,956
Jul 2010046172.554.74$2,184
Jun 2010050870.364.91$2,494
May 2010034371.124.24$1,453
Apr 2010053181.694.12$2,189
Mar 2010756478.394.39$3,024
Feb 2010191,71173.585.44$10,710
Jan 2010233,53674.365.96$22,799
Dec 2009353,56371.445.48$22,039
Nov 2009354,03674.593.75$17,752
Oct 2009233,23372.544.11$14,957
Sep 2009342,69065.543.06$10,473
Aug 2009323,44267.423.22$13,236
Jul 2009413,61361.133.46$15,024
Jun 2009623,96966.163.90$19,561
May 2009623,99554.743.93$19,077
Apr 2009604,89746.773.59$20,374
Mar 2009815,25742.144.06$24,752
Feb 2009704,53832.814.63$23,321
Jan 20091266,39535.865.37$38,866
Dec 20081567,69537.105.98$51,782
Nov 2008693,42955.496.86$27,353
Oct 2008907,49375.246.92$58,638
Sep 2008504,677101.767.88$41,929
Aug 2008414,011114.228.48$38,708
Jul 2008768,097131.0811.39$102,182
Jun 2008817,723131.3313.03$111,289
May 2008727,310123.1711.57$93,476
Apr 2008505,041110.3110.45$58,218
Mar 200808,625101.909.66$83,353
Feb 200808,73292.538.77$76,585
Jan 200808,75790.388.21$71,858
Dec 2007010,78088.337.30$78,715
Nov 2007010,57791.677.29$77,124
Oct 2007128,76282.856.92$61,645
Sep 2007818,42975.846.24$58,775
Aug 200711412,86769.066.39$90,066
Jul 200725012,93970.906.39$100,379
Jun 200719613,22762.007.55$111,995
May 200727414,96058.747.85$133,475
Apr 200713015,42159.617.81$128,113
Mar 200719014,65156.927.30$117,796
Feb 200721515,33855.108.22$137,864
Jan 200724318,73250.306.73$138,230
Dec 200626319,39656.656.92$149,089
Nov 200618918,19254.207.62$148,821
Oct 200630821,80454.906.01$148,034
Sep 200637019,92860.085.04$122,611
Aug 200639124,22568.717.34$204,675
Jul 200653629,10369.376.34$221,776
Jun 200653025,39766.286.38$197,260
May 200658128,39866.016.42$220,809
Apr 200675736,55264.397.36$317,783
Mar 200652439,50756.707.08$309,536
Feb 200659439,56857.597.75$340,905
Jan 200671351,39260.598.93$502,302
Dec 200592461,24454.9413.42$872,377
Nov 200580273,18254.6910.59$818,742
Oct 200554726,02258.3413.80$390,905
Sep 200538626,23461.4512.08$340,600
Aug 200545527,42661.519.80$296,675
Jul 200570533,76355.697.84$304,086
Jun 200551332,14952.337.38$264,138
May 200572643,48245.226.65$322,035
Apr 200590139,82249.207.36$337,438
Mar 200592752,93350.377.15$425,422
Feb 200589955,31845.226.31$389,816
Jan 20051,10661,18043.166.32$434,527
Dec 20041,29267,19939.866.75$505,165
Nov 20041,20171,61445.286.33$507,728
Oct 20041,07675,31049.706.52$544,129
Sep 20041,637108,84943.245.28$645,931
Aug 20042,411148,45942.375.55$926,200
Jul 20043,111146,97238.286.08$1,013,293
Jun 20043,936146,31636.106.43$1,083,343
May 20044,918142,06137.486.49$1,106,953
Apr 20045,930143,39434.475.86$1,044,475
Mar 20042,45954,10534.365.53$383,699

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             2 bbl  × $106.41 =       $213
Gas                  331 Mcf  × $  3.05 =     $1,008

────────────────────────────────────────────────────
Month total                                   $1,221

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/201948 is the state's own key, not one this site invented.