LUNDELL 40

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 205317District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Sep 2004 – May 2026
Value, last 12 filed months
$201 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 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 Gas112005-06-20161033
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
CondensateDisposition19,835 bbl$1,262,808
GasProduction2,094,655 Mcf$12,174,060
Total$13,436,868

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 27.6298, -99.0024. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62977, -99.00241 · 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
11,500 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 11,500 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-47938817511,500 ftSep 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 2026774,268106.413.05$21,193
Apr 2026754,21198.932.87$19,504
Mar 202604,33189.753.15$13,640
Feb 2026743,88963.503.75$19,284
Jan 202604,37659.138.00$34,999
Dec 20251533,87956.664.41$25,788
Nov 202502,98058.593.93$11,701
Oct 202501,07259.383.30$3,543
Sep 2025831,96462.743.08$11,250
Aug 2025822,81763.933.01$13,735
Jul 202503,00566.743.32$9,962
Jun 2025893,32966.483.13$16,332
May 202503,67560.553.23$11,879
Apr 202503,63862.363.54$12,890
Mar 20251013,77867.704.27$22,963
Feb 202503,35570.884.34$14,564
Jan 202503,76974.324.28$16,126
Dec 2024223,53768.993.12$12,558
Nov 20241952,28869.052.20$18,495
Oct 2024963,50371.372.28$14,843
Sep 202403,98769.612.36$9,427
Aug 202404,24675.632.06$8,762
Jul 2024923,95579.932.15$15,843
Jun 2024933,95578.082.63$17,679
May 202403,28778.812.20$7,226
Apr 202404,16784.451.66$6,914
Mar 2024944,20580.301.55$14,045
Feb 202404,06476.091.78$7,249
Jan 20241004,25873.023.30$21,343
Dec 2023984,42871.262.61$18,544
Nov 202304,05977.892.81$11,396
Oct 2023984,11885.443.09$21,087
Sep 20231014,21189.042.74$20,510
Aug 2023944,21180.522.67$18,824
Jul 202304,09474.852.64$10,816
Jun 20231073,91768.962.26$16,225
May 202303,11070.622.23$6,927
Apr 20231072,95078.122.24$14,960
Mar 202303,09972.852.39$7,416
Feb 20232042,36175.112.47$21,144
Jan 202302,89776.533.39$9,814
Dec 2022962,91476.415.73$24,030
Nov 2022902,66585.005.65$22,697
Oct 2022972,12487.185.86$20,911
Sep 2022901,86284.888.16$22,840
Aug 202202,09994.529.13$19,158
Jul 2022852,741101.587.54$29,307
Jun 2022752,950115.097.98$32,164
May 202202,692109.378.43$22,702
Apr 2022782,592104.226.84$25,852
Mar 2022912,758108.885.08$23,909
Feb 2022892,49091.054.86$20,202
Jan 2022902,79181.844.54$20,030
Dec 202102,65671.323.90$10,356
Nov 2021872,84777.435.24$21,646
Oct 2021792,78479.795.71$22,211
Sep 202102,91069.865.35$15,571
Aug 2021572,07066.024.22$12,500
Jul 2021502,41070.783.98$13,136
Jun 2021532,41069.493.38$11,830
May 202103,33863.483.02$10,073
Apr 20211272,27160.362.76$13,930
Mar 20211392,58561.302.72$15,544
Feb 20211222,26257.805.55$19,601
Jan 20211482,02050.412.81$13,137
Dec 20201132,28244.642.68$11,150
Nov 2020792,35138.772.71$9,426
Oct 20201052,54536.972.48$10,189
Sep 20201053,13637.091.99$10,138
Aug 202003,15039.982.39$7,513
Jul 20201163,15038.371.83$10,200
Jun 20201323,55134.901.69$10,609
May 20201223,82216.921.81$9,000
Apr 20201223,77714.751.80$8,615
Mar 20201243,91530.341.86$11,029
Feb 20201643,87549.881.98$15,855
Jan 20201104,16157.252.09$15,014
Dec 20191654,00859.012.30$18,973
Nov 20191714,01355.302.75$20,495
Oct 20191083,98153.472.42$15,403
Sep 201903,82055.052.66$10,151
Aug 20191054,08053.112.30$14,978
Jul 20191024,48556.272.46$16,773
Jun 201904,13352.782.49$10,296
May 20192183,66458.482.74$22,789
Apr 201903,64762.632.75$10,032
Mar 20191424,39356.803.06$21,517
Feb 20191303,91650.852.79$17,545
Jan 201904,51946.033.23$14,588
Dec 20181004,61246.594.19$23,962
Nov 2018994,47952.934.24$24,219
Oct 2018984,97261.443.40$22,916
Sep 2018994,55059.543.11$20,036
Aug 20181015,44459.403.07$22,694
Jul 2018985,08765.142.93$21,298
Jun 20181004,95660.183.08$21,267
May 2018985,18365.382.90$21,442
Apr 2018955,13563.842.90$20,960
Mar 2018984,36161.222.79$18,153
Feb 2018845,35161.782.77$19,991
Jan 2018856,21662.874.01$30,266
Dec 201706,64557.272.92$19,414
Nov 20172226,35255.423.12$32,111
Oct 201707,13249.292.98$21,280
Sep 2017817,11747.523.09$25,821
Aug 20171056,02545.373.00$22,865
Jul 20172208,22843.873.09$35,054
Jun 201707,56642.493.09$23,358
May 20171647,00045.373.26$30,284
Apr 20171078,75247.933.21$33,236
Mar 201704,74946.772.98$14,170
Feb 2017712,10850.452.95$9,806
Jan 2017693,48749.413.42$15,331
Dec 2016393,71848.763.72$15,743
Nov 2016842,28142.492.64$9,601
Oct 2016351,86746.193.09$7,386
Sep 2016332,34841.553.10$8,651
Aug 2016333,56041.442.92$11,778
Jul 2016623,56041.622.92$12,991
Jun 2016633,54545.352.69$12,378
May 201603,69242.521.99$7,351
Apr 201603,62236.561.99$7,212
Mar 201603,76533.011.79$6,754
Feb 2016643,72226.472.06$9,375
Jan 2016574,43927.352.36$12,054
Dec 2015634,94132.362.00$11,928
Nov 2015535,41638.792.17$13,794
Oct 201503,21843.552.43$7,809
Sep 2015742,73642.992.76$10,728
Aug 201505,93240.162.87$17,040
Jul 2015714,61448.152.95$17,007
Jun 201506,49556.152.88$18,724
May 20151026,69455.212.96$25,415
Apr 2015926,52349.822.71$22,238
Mar 201504,30242.892.93$12,625
Feb 2015747,53844.662.98$25,739
Jan 201509,61443.433.10$29,809
Dec 201409,99154.693.59$35,881
Nov 201404,04770.464.25$17,207
Oct 201403,65478.303.90$14,254
Sep 20141314,06686.164.05$27,736
Aug 20141594,27089.394.04$31,443
Jul 201404,26396.564.18$17,818
Jun 201403,48398.164.74$16,499
May 201402,77194.734.73$13,097
Apr 2014792,59595.944.81$20,059
Mar 201402,78095.895.06$14,058
Feb 2014902,42897.406.19$23,800
Jan 201402,71590.404.86$13,197
Dec 201302,86691.824.35$12,480
Nov 2013732,88388.853.74$17,264
Oct 2013652,99797.423.78$17,659
Sep 201302,857104.113.72$10,622
Aug 2013323,022104.253.52$13,981
Jul 201302,916102.523.72$10,841
Jun 2013392,78094.403.93$14,616
May 2013602,98294.834.15$18,062
Apr 201302,82093.964.28$12,077
Mar 201382,82393.623.91$11,795
Feb 201302,68391.233.42$9,176
Jan 201303,54191.603.42$12,110
Dec 201203,52186.773.42$12,042
Nov 201203,39286.953.62$12,296
Oct 201203,62889.383.40$12,334
Sep 201203,70594.672.92$10,813
Aug 201203,94892.662.91$11,481
Jul 201203,93685.133.02$11,890
Jun 201205,19879.822.52$13,094
May 201206,03691.612.49$15,020
Apr 201205,398101.652.00$10,779
Mar 201205,666105.052.22$12,590
Feb 201204,259101.102.57$10,947
Jan 201205,67598.092.73$15,516
Dec 201105,20296.873.24$16,853
Nov 201106,98595.723.31$23,129
Oct 201108,55484.983.65$31,210
Sep 201108,97283.623.99$35,761
Aug 201109,56583.404.15$39,688
Jul 2011205,78794.144.52$28,024
Jun 2011513,78792.904.64$22,309
May 2011845,90498.134.40$34,249
Apr 2011918,441105.964.33$46,220
Mar 2011978,73096.364.06$44,768
Feb 20111027,69985.644.18$40,917
Jan 201108,97786.504.59$41,193
Dec 20101911,73185.734.35$52,632
Nov 201006,24780.843.80$23,709
Oct 2010166,43978.103.51$23,843
Sep 2010010,82772.633.98$43,086
Aug 2010545,99273.684.42$30,460
Jul 201007,82572.554.74$37,063
Jun 201008,29370.364.91$40,722
May 201010311,91671.124.24$57,792
Apr 2010888,60081.694.12$42,644
Mar 2010688,69078.394.39$43,468
Feb 201007,90073.585.44$42,995
Jan 20106613,11874.365.96$83,145
Dec 20097514,09571.445.48$82,651
Nov 20091116,22274.593.75$31,621
Oct 20091605,82072.544.11$35,528
Sep 200906,10865.543.06$18,719
Aug 2009706,89567.423.22$26,911
Jul 2009586,73261.133.46$26,869
Jun 200907,28266.163.90$28,363
May 20097711,68754.743.93$50,095
Apr 2009757,53246.773.59$30,529
Mar 2009709,48842.144.06$41,462
Feb 200906,93232.814.63$32,116
Jan 2009208,70135.865.37$47,450
Dec 2008407,59337.105.98$46,868
Nov 2008545,37655.496.86$39,878
Oct 2008467,85675.246.92$57,840
Sep 2008536,463101.767.88$56,303
Aug 20081097,818114.228.48$78,770
Jul 20082577,959131.0811.39$124,336
Jun 200807,870131.3313.03$102,567
May 20081127,965123.1711.57$105,984
Apr 200808,056110.3110.45$84,224
Mar 20082128,398101.909.66$102,762
Feb 200811812,73792.538.77$122,629
Jan 200813913,38890.388.21$122,421
Dec 200711814,76688.337.30$118,244
Nov 20072399,16391.677.29$88,723
Oct 2007016,46382.856.92$113,957
Sep 200711917,10475.846.24$115,825
Aug 200712918,32269.066.39$125,949
Jul 200719517,01870.906.39$122,535
Jun 200710518,76362.007.55$148,142
May 200721620,18258.747.85$171,041
Apr 200710721,61959.617.81$175,119
Mar 2007959,35956.927.30$73,747
Feb 200724312,89055.108.22$119,294
Jan 200712117,45850.306.73$123,524
Dec 200623616,47056.656.92$127,316
Nov 200611416,46654.207.62$131,608
Oct 200611319,18754.906.01$121,590
Sep 200611214,16460.085.04$78,076
Aug 200610119,51168.717.34$150,149
Jul 20069920,86169.376.34$139,184
Jun 20068718,42566.286.38$123,389
May 20068220,08466.016.42$134,453
Apr 200610020,75564.397.36$159,206
Mar 200619525,75156.707.08$193,449
Feb 20069721,43157.597.75$171,700
Jan 20069926,96660.598.93$246,894
Dec 200519927,06454.9413.42$374,007
Nov 20059426,63654.6910.59$287,173
Oct 200519028,69558.3413.80$406,954
Sep 200516930,60761.4512.08$380,087
Aug 200514831,50761.519.80$317,773
Jul 200523433,69655.697.84$277,331
Jun 200515426,22652.337.38$201,634
May 200514737,23545.226.65$254,303
Apr 200513837,60349.207.36$283,566
Mar 200526642,64550.377.15$318,518
Feb 200540944,32645.226.31$298,277
Jan 200535053,71443.166.32$354,697
Dec 200437959,44539.866.75$416,425
Nov 200441260,96345.286.33$404,577
Oct 200436843,48449.706.52$301,592
Sep 200415,37543.245.28$28,444

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            77 bbl  × $106.41 =     $8,194
Gas                4,268 Mcf  × $  3.05 =    $13,000

────────────────────────────────────────────────────
Month total                                  $21,193

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/205317 is the state's own key, not one this site invented.