BILLINGS HEIRS

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

Gas lease lease 204074District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.4 M
Jun 2004 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
264
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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
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: STATEWIDE RULES. NO P-15 & PLAT.

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 Gas112004-12-29159913
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
CondensateDisposition12,209 bbl$637,623
GasProduction2,141,066 Mcf$13,767,595
Total$14,405,218

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 27.7589, -99.0408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75890, -99.04077 · 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
9,011 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 9,011 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-4793868039,011 ftJun 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 (264)

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

264 months

May 202601,900106.413.05$5,787
Apr 202602,40798.932.87$6,907
Mar 202602,41789.753.15$7,612
Feb 202602,24063.503.75$8,401
Jan 202602,70159.138.00$21,602
Dec 202501,62456.664.41$7,167
Nov 202501,85058.593.93$7,264
Oct 2025097459.383.30$3,219
Sep 2025091462.743.08$2,812
Aug 202502,51163.933.01$7,570
Jul 2025054666.743.32$1,810
Jun 2025021266.483.13$663
May 2025028660.553.23$924
Apr 2025026262.363.54$928
Mar 2025035467.704.27$1,511
Feb 2025028470.884.34$1,233
Jan 2025025374.324.28$1,083
Dec 2024025168.993.12$783
Nov 2024019269.052.20$422
Oct 2024019071.372.28$433
Sep 2024016369.612.36$385
Aug 2024019675.632.06$404
Jul 2024014879.932.15$318
Jun 2024019978.082.63$524
May 2024016278.812.20$356
Apr 2024016584.451.66$274
Mar 2024020580.301.55$317
Feb 2024018476.091.78$328
Jan 2024016973.023.30$557
Dec 2023018471.262.61$480
Nov 2023019677.892.81$550
Oct 2023021485.443.09$661
Sep 2023024689.042.74$673
Aug 2023026780.522.67$714
Jul 2023022874.852.64$602
Jun 2023046668.962.26$1,052
May 2023046670.622.23$1,038
Apr 2023024678.122.24$550
Mar 2023021872.852.39$522
Feb 2023017475.112.47$429
Jan 2023019776.533.39$667
Dec 2022017776.415.73$1,014
Nov 2022018185.005.65$1,022
Oct 2022021687.185.86$1,267
Sep 2022031284.888.16$2,547
Aug 2022031394.529.13$2,857
Jul 20220311101.587.54$2,346
Jun 20220227115.097.98$1,811
May 20220244109.378.43$2,058
Apr 20220228104.226.84$1,559
Mar 20220223108.885.08$1,132
Feb 2022021591.054.86$1,045
Jan 2022020981.844.54$948
Dec 2021019271.323.90$749
Nov 2021019577.435.24$1,021
Oct 2021022979.795.71$1,308
Sep 2021019769.865.35$1,054
Aug 2021025266.024.22$1,064
Jul 2021027070.783.98$1,075
Jun 2021025769.493.38$869
May 2021017363.483.02$522
Apr 2021032160.362.76$885
Mar 2021023561.302.72$638
Feb 2021016157.805.55$893
Jan 2021022450.412.81$630
Dec 2020023344.642.68$623
Nov 2020031138.772.71$842
Oct 2020047436.972.48$1,175
Sep 2020051137.091.99$1,017
Aug 2020068339.982.39$1,629
Jul 2020057138.371.83$1,042
Jun 2020044134.901.69$745
May 2020021516.921.81$390
Apr 2020032214.751.80$581
Mar 2020021130.341.86$392
Feb 2020023249.881.98$460
Jan 2020028557.252.09$597
Dec 2019020359.012.30$468
Nov 2019026955.302.75$740
Oct 2019023353.472.42$564
Sep 2019015455.052.66$409
Aug 2019015553.112.30$357
Jul 2019047256.272.46$1,161
Jun 2019021452.782.49$533
May 2019026058.482.74$712
Apr 201901,11662.632.75$3,070
Mar 201902,02756.803.06$6,207
Feb 20191331,52250.852.79$11,013
Jan 201901,40646.033.23$4,539
Dec 201801,76846.594.19$7,400
Nov 201801,55252.934.24$6,576
Oct 201801,88061.443.40$6,388
Sep 201801,66259.543.11$5,166
Aug 201801,55159.403.07$4,756
Jul 201801,21265.142.93$3,553
Jun 201801,18460.183.08$3,643
May 2018074365.382.90$2,155
Apr 201801,30363.842.90$3,780
Mar 2018077361.222.79$2,154
Feb 201801,42261.782.77$3,933
Jan 2018074562.874.01$2,987
Dec 201701,76657.272.92$5,159
Nov 201701,55355.423.12$4,843
Oct 20171952,09949.292.98$15,874
Sep 201701,63547.523.09$5,048
Aug 201701,52945.373.00$4,594
Jul 201701,20743.873.09$3,726
Jun 2017092442.493.09$2,853
May 2017081545.373.26$2,660
Apr 201702,18647.933.21$7,021
Mar 201702,78046.772.98$8,295
Feb 201702,23350.452.95$6,593
Jan 201702,60749.413.42$8,913
Dec 201601,36848.763.72$5,093
Nov 201601,70142.492.64$4,498
Oct 201601,58746.193.09$4,904
Sep 201601,98541.553.10$6,155
Aug 201604,02341.442.92$11,765
Jul 201601,67941.622.92$4,910
Jun 201601,07045.352.69$2,874
May 201602,76742.521.99$5,509
Apr 201602,10336.561.99$4,187
Mar 20161192,00133.011.79$7,518
Feb 201601,71526.472.06$3,539
Jan 201601,78227.352.36$4,213
Dec 201502,90232.362.00$5,808
Nov 201503,09338.792.17$6,704
Oct 201503,42443.552.43$8,309
Sep 201502,67842.992.76$7,387
Aug 201501,45140.162.87$4,168
Jul 2015702,51448.152.95$10,774
Jun 201502,54056.152.88$7,322
May 201502,08055.212.96$6,147
Apr 2015342,42049.822.71$8,244
Mar 201503,02942.892.93$8,889
Feb 2015142,62044.662.98$8,423
Jan 201502,98743.433.10$9,262
Dec 201402,91054.693.59$10,451
Nov 201403,08970.464.25$13,134
Oct 201402,37778.303.90$9,273
Sep 201401,99486.164.05$8,067
Aug 201402,26889.394.04$9,152
Jul 201402,32796.564.18$9,726
Jun 201402,39598.164.74$11,345
May 20141591,88794.734.73$23,981
Apr 201402,45195.944.81$11,787
Mar 201402,90395.895.06$14,680
Feb 201402,11897.406.19$13,115
Jan 2014074290.404.86$3,607
Dec 2013041991.824.35$1,825
Nov 2013053688.853.74$2,004
Oct 201301,94197.423.78$7,336
Sep 201303,892104.113.72$14,469
Aug 201304,266104.253.52$15,027
Jul 20131954,284102.523.72$35,918
Jun 201304,20294.403.93$16,528
May 201305,11094.834.15$21,202
Apr 201303,39093.964.28$14,518
Mar 201304,42193.623.91$17,299
Feb 201304,21891.233.42$14,425
Jan 201304,87391.603.42$16,665
Dec 201203,79086.773.42$12,962
Nov 201203,62086.953.62$13,122
Oct 201204,01089.383.40$13,633
Sep 201202,86694.672.92$8,364
Aug 201203,67892.662.91$10,696
Jul 201204,99085.133.02$15,074
Jun 201205,03779.822.52$12,688
May 201205,36191.612.49$13,340
Apr 201205,384101.652.00$10,751
Mar 201205,839105.052.22$12,975
Feb 20121765,375101.102.57$31,609
Jan 201204,54898.092.73$12,435
Dec 201105,03896.873.24$16,322
Nov 201105,48395.723.31$18,156
Oct 201107,03484.983.65$25,664
Sep 201102,75583.623.99$10,981
Aug 2011073983.404.15$3,066
Jul 2011078294.144.52$3,532
Jun 2011091692.904.64$4,250
May 201102,54698.134.40$11,215
Apr 201103,662105.964.33$15,868
Mar 201104,62296.364.06$18,753
Feb 201103,99985.644.18$16,716
Jan 201103,43486.504.59$15,758
Dec 201003,64585.734.35$15,848
Nov 201003,85980.843.80$14,646
Oct 20101693,53778.103.51$25,610
Sep 201005,42172.633.98$21,573
Aug 201005,46073.684.42$24,130
Jul 201005,68072.554.74$26,903
Jun 201005,55470.364.91$27,272
May 201003,46371.124.24$14,667
Apr 201006,02881.694.12$24,852
Mar 201005,94778.394.39$26,099
Feb 201003,98773.585.44$21,699
Jan 201006,18574.365.96$36,888
Dec 200906,23771.445.48$34,202
Nov 200905,22574.593.75$19,602
Oct 200903,10172.544.11$12,746
Sep 200906,90465.543.06$21,159
Aug 200906,17067.423.22$19,858
Jul 200901,03761.133.46$3,593
Jun 200907,07066.163.90$27,538
May 20091742,07554.743.93$17,671
Apr 200902,03946.773.59$7,315
Mar 200904,32542.144.06$17,555
Feb 200906,50232.814.63$30,124
Jan 200908,20035.865.37$44,042
Dec 200809,22337.105.98$55,127
Nov 200805,43055.496.86$37,252
Oct 200809,66675.246.92$66,908
Sep 200803,950101.767.88$31,115
Aug 2008648,265114.228.48$77,422
Jul 200809,661131.0811.39$110,033
Jun 200809,777131.3313.03$127,420
May 2008010,555123.1711.57$122,167
Apr 200814410,584110.3110.45$126,539
Mar 2008011,172101.909.66$107,967
Feb 2008011,12292.538.77$97,546
Jan 2008012,00890.388.21$98,534
Dec 200713013,01288.337.30$106,496
Nov 2007012,21291.677.29$89,046
Oct 2007014,66382.856.92$101,497
Sep 2007014,67275.846.24$91,614
Aug 200718514,51269.066.39$105,478
Jul 2007016,06870.906.39$102,641
Jun 2007015,34262.007.55$115,808
May 200719416,93658.747.85$144,280
Apr 2007017,84459.617.81$139,276
Mar 2007016,84356.927.30$122,987
Feb 2007016,48155.108.22$135,408
Jan 2007020,85750.306.73$140,302
Dec 200619421,23456.656.92$157,896
Nov 2006021,41854.207.62$163,151
Oct 2006024,36354.906.01$146,514
Sep 2006026,22760.085.04$132,111
Aug 200612329,02368.717.34$221,478
Jul 200616730,97669.376.34$208,058
Jun 2006031,73166.286.38$202,567
May 200618736,01566.016.42$243,740
Apr 2006039,35364.397.36$289,657
Mar 200611747,31156.707.08$341,734
Feb 200618950,55357.597.75$402,727
Jan 200630557,38960.598.93$531,154
Dec 200516814,20154.9413.42$199,742
Nov 200519023,11154.6910.59$255,100
Oct 200515110,15058.3413.80$148,836
Sep 200510221,79861.4512.08$269,566
Aug 200532837,27661.519.80$385,362
Jul 20056812,93755.697.84$105,260
Jun 200510414,11452.337.38$109,618
May 200536446,91845.226.65$328,519
Apr 200529345,55449.207.36$349,715
Mar 200544852,97950.377.15$401,624
Feb 200535147,19845.226.31$313,782
Jan 200534151,65343.166.32$341,278
Dec 200461670,79739.866.75$502,510
Nov 200448689,19645.286.33$586,654
Oct 2004909138,91349.706.52$950,209
Sep 20041,315101,71843.245.28$594,328
Aug 20041,06899,59242.375.55$598,052
Jul 20041,28189,98238.286.08$596,503
Jun 200418936,56836.106.43$242,066

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                1,900 Mcf  × $  3.05 =     $5,787

────────────────────────────────────────────────────
Month total                                   $5,787

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/204074 is the state's own key, not one this site invented.