LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204423District 04Field 171305502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Sep 2004 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
261
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 261 leases and 261 wells, and the rule below applies to all of them.

Discovered
1979-10-23
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 Gas112005-01-19159622
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
CondensateDisposition3,509 bbl$211,265
GasProduction1,917,020 Mcf$12,767,931
Total$12,979,196

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 27.0313, -99.1353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.03133, -99.13526 · 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
12,816 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 12,816 ft.

Completions filed
Nov 2004
1 of 1 wells

1 well

42-505350723912,816 ftNov 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 (261)

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

261 months

May 20260801106.413.05$2,440
Apr 2026074598.932.87$2,138
Mar 2026077189.753.15$2,428
Feb 2026064763.503.75$2,426
Jan 2026063859.138.00$5,103
Dec 2025070156.664.41$3,094
Nov 2025064558.593.93$2,533
Oct 2025057059.383.30$1,884
Sep 2025155562.743.08$1,770
Aug 2025061363.933.01$1,848
Jul 2025066166.743.32$2,191
Jun 2025062466.483.13$1,952
May 2025066060.553.23$2,133
Apr 2025167462.363.54$2,450
Mar 2025071867.704.27$3,065
Feb 2025066270.884.34$2,874
Jan 2025073874.324.28$3,158
Dec 2024068168.993.12$2,126
Nov 2024063169.052.20$1,387
Oct 2024064671.372.28$1,474
Sep 2024061769.612.36$1,459
Aug 2024063175.632.06$1,302
Jul 2024063179.932.15$1,355
Jun 2024061178.082.63$1,609
May 2024065178.812.20$1,431
Apr 2024065484.451.66$1,085
Mar 2024068880.301.55$1,063
Feb 2024264376.091.78$1,299
Jan 2024069873.023.30$2,302
Dec 2023067971.262.61$1,773
Nov 2023060477.892.81$1,696
Oct 2023074885.443.09$2,309
Sep 2023061189.042.74$1,671
Aug 2023061380.522.67$1,638
Jul 2023057574.852.64$1,519
Jun 2023056468.962.26$1,274
May 2023066370.622.23$1,477
Apr 2023069178.122.24$1,546
Mar 2023071172.852.39$1,702
Feb 2023166175.112.47$1,705
Jan 2023072076.533.39$2,439
Dec 2022071476.415.73$4,091
Nov 2022172885.005.65$4,195
Oct 2022079687.185.86$4,668
Sep 2022079384.888.16$6,474
Aug 2022084494.529.13$7,703
Jul 20220831101.587.54$6,267
Jun 20220830115.097.98$6,621
May 202201,071109.378.43$9,032
Apr 202201,048104.226.84$7,166
Mar 202201,140108.885.08$5,787
Feb 2022089891.054.86$4,363
Jan 2022081381.844.54$3,689
Dec 2021082671.323.90$3,221
Nov 2021079577.435.24$4,163
Oct 2021082779.795.71$4,725
Sep 2021183569.865.35$4,538
Aug 2021084166.024.22$3,550
Jul 2021084770.783.98$3,373
Jun 2021086569.493.38$2,924
May 2021090563.483.02$2,731
Apr 2021090360.362.76$2,491
Mar 2021094461.302.72$2,565
Feb 2021085157.805.55$4,721
Jan 2021096750.412.81$2,718
Dec 2020194944.642.68$2,584
Nov 2020092538.772.71$2,504
Oct 2020093936.972.48$2,327
Sep 2020190337.091.99$1,835
Aug 2020095139.982.39$2,268
Jul 2020097538.371.83$1,779
Jun 2020078334.901.69$1,324
May 2020083816.921.81$1,521
Apr 2020082214.751.80$1,483
Mar 2020086830.341.86$1,611
Feb 2020183049.881.98$1,694
Jan 2020191657.252.09$1,976
Dec 2019091759.012.30$2,113
Nov 2019287955.302.75$2,528
Oct 2019095553.472.42$2,310
Sep 2019092955.052.66$2,469
Aug 201901,04953.112.30$2,417
Jul 2019097056.272.46$2,386
Jun 2019095752.782.49$2,384
May 201911,04158.482.74$2,911
Apr 201901,00962.632.75$2,775
Mar 201901,11656.803.06$3,417
Feb 2019091050.852.79$2,541
Jan 201921,07946.033.23$3,575
Dec 201801,13446.594.19$4,746
Nov 2018087552.934.24$3,708
Oct 2018197461.443.40$3,371
Sep 2018097159.543.11$3,018
Aug 201801,01259.403.07$3,103
Jul 201801,02165.142.93$2,993
Jun 201801,07760.183.08$3,314
May 201811,38765.382.90$4,089
Apr 201801,07963.842.90$3,130
Mar 201801,04961.222.79$2,923
Feb 2018193761.782.77$2,654
Jan 201811,04162.874.01$4,237
Dec 201701,03157.272.92$3,012
Nov 201701,18055.423.12$3,680
Oct 201721,22549.292.98$3,754
Sep 201701,04247.523.09$3,217
Aug 201701,22845.373.00$3,689
Jul 201701,13643.873.09$3,507
Jun 201711,10442.493.09$3,451
May 201701,30445.373.26$4,255
Apr 201711,02147.933.21$3,327
Mar 201731,11646.772.98$3,470
Feb 201701,11950.452.95$3,304
Jan 201701,15349.413.42$3,942
Dec 201601,10548.763.72$4,114
Nov 201601,10542.492.64$2,922
Oct 201601,33346.193.09$4,119
Sep 201621,38041.553.10$4,362
Aug 201601,59341.442.92$4,658
Jul 201601,21541.622.92$3,553
Jun 201601,07445.352.69$2,885
May 201601,27642.521.99$2,541
Apr 201611,25936.561.99$2,543
Mar 201611,29333.011.79$2,353
Feb 201601,30226.472.06$2,687
Jan 201621,25927.352.36$3,031
Dec 201511,31732.362.00$2,668
Nov 201501,30838.792.17$2,835
Oct 201511,41343.552.43$3,472
Sep 201501,30842.992.76$3,608
Aug 201521,40440.162.87$4,113
Jul 201551,75748.152.95$5,415
Jun 201542,04556.152.88$6,120
May 201512,25655.212.96$6,723
Apr 201511,16349.822.71$3,198
Mar 201512,31542.892.93$6,837
Feb 2015174,14544.662.98$13,096
Jan 2015122,27943.433.10$7,588
Dec 2014633,50954.693.59$16,048
Nov 201414,10170.464.25$17,507
Oct 201413,66178.303.90$14,360
Sep 201401,36986.164.05$5,538
Aug 201412,51889.394.04$10,250
Jul 201414,38296.564.18$18,412
Jun 201404,71298.164.74$22,320
May 201405,71594.734.73$27,012
Apr 201405,63595.944.81$27,099
Mar 201406,67395.895.06$33,744
Feb 201411,57597.406.19$9,850
Jan 201401,63890.404.86$7,962
Dec 201351,61991.824.35$7,509
Nov 201321,92288.853.74$7,363
Oct 201302,20597.423.78$8,333
Sep 201303,821104.113.72$14,205
Aug 201302,159104.253.52$7,605
Jul 201302,667102.523.72$9,915
Jun 201304,12394.403.93$16,217
May 201304,29294.834.15$17,808
Apr 2013154,05793.964.28$18,784
Mar 201304,11393.623.91$16,094
Feb 201303,14191.233.42$10,742
Jan 2013194,22191.603.42$16,176
Dec 201205,19886.773.42$17,778
Nov 201204,13686.953.62$14,993
Oct 201204,00389.383.40$13,609
Sep 201204,84594.672.92$14,140
Aug 201204,97192.662.91$14,456
Jul 201204,66685.133.02$14,095
Jun 201205,12979.822.52$12,920
May 201204,03691.612.49$10,043
Apr 201205,594101.652.00$11,170
Mar 2012193,170105.052.22$9,040
Feb 201204,948101.102.57$12,718
Jan 201205,33698.092.73$14,589
Dec 2011185,28496.873.24$18,862
Nov 201105,43095.723.31$17,980
Oct 201105,79084.983.65$21,125
Sep 201105,54183.623.99$22,085
Aug 201196,18683.404.15$26,418
Jul 201105,58694.144.52$25,233
Jun 201104,97692.904.64$23,088
May 201105,02098.134.40$22,112
Apr 201105,205105.964.33$22,555
Mar 201105,97696.364.06$24,247
Feb 201104,70185.644.18$19,650
Jan 201196,40886.504.59$30,183
Dec 201006,48885.734.35$28,208
Nov 201006,85880.843.80$26,028
Oct 201006,84378.103.51$24,011
Sep 201006,93672.633.98$27,602
Aug 201006,58973.684.42$29,119
Jul 201006,85472.554.74$32,464
Jun 20101267,07470.364.91$43,602
May 201007,84471.124.24$33,221
Apr 201007,48781.694.12$30,867
Mar 201007,43278.394.39$32,617
Feb 201006,38573.585.44$34,749
Jan 201008,21374.365.96$48,983
Dec 200908,30071.445.48$45,515
Nov 200908,33174.593.75$31,254
Oct 200908,59672.544.11$35,332
Sep 2009758,63865.543.06$31,389
Aug 200989,26067.423.22$30,343
Jul 200908,76961.133.46$30,380
Jun 200909,24766.163.90$36,017
May 2009899,13454.743.93$40,730
Apr 200909,10446.773.59$32,661
Mar 200909,24742.144.06$37,534
Feb 200908,50632.814.63$39,408
Jan 200909,95535.865.37$53,468
Dec 2008010,40137.105.98$62,168
Nov 20081569,83855.496.86$76,149
Oct 2008011,00475.246.92$76,169
Sep 2008010,138101.767.88$79,858
Aug 2008010,380114.228.48$88,054
Jul 2008010,588131.0811.39$120,591
Jun 2008011,100131.3313.03$144,662
May 200813012,090123.1711.57$155,945
Apr 2008112,346110.3110.45$129,186
Mar 2008013,064101.909.66$126,251
Feb 2008011,86792.538.77$104,080
Jan 2008013,12090.388.21$107,659
Dec 2007014,25288.337.30$104,068
Nov 200714914,29091.677.29$117,857
Oct 2007015,27582.856.92$105,733
Sep 2007015,30075.846.24$95,536
Aug 2007016,31769.066.39$104,232
Jul 2007016,79970.906.39$107,311
Jun 2007016,38562.007.55$123,681
May 200716417,20258.747.85$144,605
Apr 2007117,03859.617.81$133,045
Mar 2007018,75156.927.30$136,919
Feb 200711117,10055.108.22$146,610
Jan 2007019,38250.306.73$130,380
Dec 200619220,60156.656.92$153,404
Nov 2006121,04254.207.62$160,341
Oct 200616822,46654.906.01$144,329
Sep 2006022,47160.085.04$113,191
Aug 2006223,91168.717.34$175,642
Jul 2006225,13169.376.34$159,539
Jun 2006024,86266.286.38$158,716
May 200616826,96966.016.42$184,366
Apr 2006327,27164.397.36$200,921
Mar 200616630,31656.707.08$224,138
Feb 2006029,26257.597.75$226,813
Jan 200615632,55260.598.93$300,249
Dec 2005033,85254.9413.42$454,138
Nov 2005333,13054.6910.59$350,958
Oct 200515734,54358.3413.80$485,706
Sep 2005135,62861.4512.08$430,412
Aug 20059737,02461.519.80$368,685
Jul 200515939,38155.697.84$317,745
Jun 2005039,11052.337.38$288,672
May 200515543,75245.226.65$298,011
Apr 200515947,57049.207.36$357,961
Mar 200515848,65950.377.15$356,108
Feb 20051044,24745.226.31$279,736
Jan 200517156,76943.166.32$366,285
Dec 2004152,73939.866.75$356,085
Nov 2004147104,91945.286.33$670,838
Oct 200418190,96749.706.52$601,655
Sep 200401,20943.245.28$6,388

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                  801 Mcf  × $  3.05 =     $2,440

────────────────────────────────────────────────────
Month total                                   $2,440

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/204423 is the state's own key, not one this site invented.