ALLEY

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 205614District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
May 2004 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
265
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 Gas112005-06-10160729
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
CondensateDisposition8,175 bbl$517,263
GasProduction1,199,360 Mcf$7,251,820
Total$7,769,083

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 27.5906, -99.0283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59056, -99.02833 · 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
11,440 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 11,440 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-479386442011,440 ftMay 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 (265)

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

265 months

May 202611,138106.413.05$3,573
Apr 202661,15498.932.87$3,905
Mar 2026199789.753.15$3,230
Feb 2026798563.503.75$4,139
Jan 202681,05059.138.00$8,871
Dec 202561,01256.664.41$4,806
Nov 2025192358.593.93$3,683
Oct 202571,13659.383.30$4,170
Sep 202581,07162.743.08$3,797
Aug 202511,21163.933.01$3,715
Jul 202591,27966.743.32$4,841
Jun 202511,20966.483.13$3,849
May 2025787660.553.23$3,255
Apr 202571,02262.363.54$4,058
Mar 202581,05867.704.27$5,057
Feb 2025199970.884.34$4,407
Jan 2025896274.324.28$4,711
Dec 202401,18468.993.12$3,696
Nov 202491,25769.052.20$3,385
Oct 202491,22771.372.28$3,442
Sep 2024131,26369.612.36$3,891
Aug 202411,30075.632.06$2,758
Jul 2024101,31879.932.15$3,629
Jun 202481,35478.082.63$4,191
May 202421,34778.812.20$3,119
Apr 202491,38484.451.66$3,056
Mar 202471,13980.301.55$2,322
Feb 202481,17776.091.78$2,708
Jan 202421,10973.023.30$3,803
Dec 202311,13871.262.61$3,042
Nov 2023111,11777.892.81$3,993
Oct 202341,51485.443.09$5,016
Sep 2023132789.042.74$983
Aug 2023875280.522.67$2,654
Jul 202331,32474.852.64$3,722
Jun 2023297068.962.26$2,329
May 20231395070.622.23$3,034
Apr 2023090978.122.24$2,034
Mar 2023996672.852.39$2,967
Feb 2023784775.112.47$2,614
Jan 202391,03176.533.39$4,182
Dec 202261,01376.415.73$6,262
Nov 2022198085.005.65$5,618
Oct 2022567687.185.86$4,400
Sep 2022282084.888.16$6,864
Aug 2022287194.529.13$8,139
Jul 202261,002101.587.54$8,167
Jun 20227813115.097.98$7,291
May 20222767109.378.43$6,687
Apr 20228900104.226.84$6,988
Mar 202271,022108.885.08$5,950
Feb 2022282891.054.86$4,205
Jan 2022997681.844.54$5,165
Dec 202101,21171.323.90$4,722
Nov 202181,06777.435.24$6,207
Oct 2021092079.795.71$5,257
Sep 202161,04369.865.35$6,000
Aug 2021890366.024.22$4,339
Jul 2021095870.783.98$3,815
Jun 202151,22969.493.38$4,502
May 2021178263.483.02$2,423
Apr 2021797860.362.76$3,120
Mar 202121,10061.302.72$3,111
Feb 2021274857.805.55$4,265
Jan 2021899850.412.81$3,208
Dec 202021,00744.642.68$2,783
Nov 2020376838.772.71$2,195
Oct 202021,07136.972.48$2,728
Sep 2020141,25037.091.99$3,008
Aug 202021,03539.982.39$2,549
Jul 202041,49038.371.83$2,873
Jun 2020111,13734.901.69$2,306
May 202001,33716.921.81$2,426
Apr 202031,48214.751.80$2,718
Mar 202061,47630.341.86$2,922
Feb 202081,43349.881.98$3,237
Jan 202021,44457.252.09$3,139
Dec 201941,42059.012.30$3,508
Nov 201931,19655.302.75$3,456
Oct 201931,60053.472.42$4,030
Sep 2019121,95555.052.66$5,856
Aug 201931,66253.112.30$3,989
Jul 201921,57656.272.46$3,990
Jun 201921,46252.782.49$3,748
May 201931,60358.482.74$4,568
Apr 201931,48762.632.75$4,278
Mar 201951,33256.803.06$4,363
Feb 201931,23750.852.79$3,607
Jan 201911,42246.033.23$4,637
Dec 201811,45946.594.19$6,153
Nov 201801,26752.934.24$5,369
Oct 201801,77761.443.40$6,038
Sep 201801,71059.543.11$5,315
Aug 201801,87959.403.07$5,762
Jul 201801,41365.142.93$4,143
Jun 201801,54560.183.08$4,754
May 201801,61465.382.90$4,682
Apr 201801,53863.842.90$4,461
Mar 201801,63461.222.79$4,554
Feb 201801,51061.782.77$4,177
Jan 201801,10362.874.01$4,422
Dec 201701,17857.272.92$3,442
Nov 201701,16055.423.12$3,617
Oct 201781,18549.292.98$3,930
Sep 201701,17347.523.09$3,621
Aug 201701,20545.373.00$3,620
Jul 201701,56743.873.09$4,838
Jun 201701,58842.493.09$4,903
May 201701,55745.373.26$5,081
Apr 201701,75047.933.21$5,620
Mar 201701,36746.772.98$4,079
Feb 201701,37750.452.95$4,066
Jan 2017111,60249.413.42$6,020
Dec 201601,80748.763.72$6,727
Nov 2016191,59142.492.64$5,014
Oct 201681,74246.193.09$5,753
Sep 2016191,44341.553.10$5,264
Aug 2016101,64941.442.92$5,237
Jul 2016191,92341.622.92$6,414
Jun 201691,05645.352.69$3,244
May 2016192,11742.521.99$5,023
Apr 2016182,08436.561.99$4,807
Mar 2016181,83933.011.79$3,893
Feb 2016171,68026.472.06$3,917
Jan 2016161,76827.352.36$4,618
Dec 2015161,78732.362.00$4,094
Nov 2015171,67938.792.17$4,298
Oct 201581,80343.552.43$4,724
Sep 2015231,83642.992.76$6,053
Aug 201571,63140.162.87$4,966
Jul 2015181,68648.152.95$5,832
Jun 2015231,45956.152.88$5,498
May 2015241,76455.212.96$6,538
Apr 2015241,54049.822.71$5,364
Mar 2015241,55242.892.93$5,584
Feb 2015231,46944.662.98$5,399
Jan 2015231,59643.433.10$5,948
Dec 2014241,64254.693.59$7,210
Nov 2014251,75270.464.25$9,211
Oct 2014231,81878.303.90$8,893
Sep 2014241,85286.164.05$9,560
Aug 2014271,92789.394.04$10,189
Jul 2014291,92396.564.18$10,838
Jun 2014322,00798.164.74$12,648
May 2014322,03494.734.73$12,645
Apr 2014311,88795.944.81$12,049
Mar 2014312,45695.895.06$15,392
Feb 2014312,26897.406.19$17,063
Jan 2014312,07190.404.86$12,869
Dec 2013302,16391.824.35$12,173
Nov 2013151,66088.853.74$7,538
Oct 2013152,40197.423.78$10,536
Sep 2013292,312104.113.72$11,615
Aug 2013292,317104.253.52$11,185
Jul 2013152,560102.523.72$11,055
Jun 2013152,52794.403.93$11,356
May 2013302,72194.834.15$14,135
Apr 2013302,60393.964.28$13,966
Mar 2013302,63493.623.91$13,115
Feb 2013302,33291.233.42$10,712
Jan 2013452,15391.603.42$11,485
Dec 2012152,31986.773.42$9,233
Nov 201252,30486.953.62$8,787
Oct 201232,53189.383.40$8,873
Sep 201232,56994.672.92$7,781
Aug 201222,82492.662.91$8,398
Jul 201232,46785.133.02$7,708
Jun 201212,40879.822.52$6,146
May 201222,34991.612.49$6,028
Apr 2012102,424101.652.00$5,857
Mar 2012282,418105.052.22$8,314
Feb 2012502,365101.102.57$11,134
Jan 2012332,45998.092.73$9,960
Dec 2011492,68196.873.24$13,432
Nov 2011452,43095.723.31$12,354
Oct 2011432,59584.983.65$13,122
Sep 2011222,62083.623.99$12,282
Aug 2011303,01183.404.15$14,996
Jul 2011201,82094.144.52$10,104
Jun 2011122,92892.904.64$14,700
May 2011313,13098.134.40$16,829
Apr 2011343,168105.964.33$17,330
Mar 2011493,23596.364.06$17,847
Feb 2011473,01385.644.18$16,619
Jan 2011622,98886.504.59$19,074
Dec 2010452,64485.734.35$15,353
Nov 2010442,43580.843.80$12,799
Oct 2010502,62978.103.51$13,130
Sep 2010362,70372.633.98$13,371
Aug 2010352,97673.684.42$15,731
Jul 2010363,23372.554.74$17,925
Jun 2010362,97170.364.91$17,122
May 2010263,68471.124.24$17,452
Apr 2010623,39181.694.12$19,045
Mar 2010633,22178.394.39$19,074
Feb 2010493,26573.585.44$21,375
Jan 2010793,31474.365.96$25,639
Dec 2009793,46671.445.48$24,650
Nov 2009663,49774.593.75$18,042
Oct 2009503,49072.544.11$17,972
Sep 2009643,37865.543.06$14,547
Aug 2009323,69867.423.22$14,059
Jul 2009653,89561.133.46$17,468
Jun 2009664,06266.163.90$20,188
May 2009583,92554.743.93$18,583
Apr 2009164,14146.773.59$15,604
Mar 2009314,35442.144.06$18,979
Feb 2009264,29432.814.63$20,747
Jan 2009214,92135.865.37$27,184
Dec 2008284,15737.105.98$25,886
Nov 2008354,54055.496.86$33,088
Oct 2008234,18175.246.92$30,671
Sep 2008253,634101.767.88$31,169
Aug 2008314,222114.228.48$39,356
Jul 2008135,044131.0811.39$59,152
Jun 2008264,705131.3313.03$64,733
May 2008135,080123.1711.57$60,399
Apr 2008314,948110.3110.45$55,150
Mar 2008434,908101.909.66$51,813
Feb 2008305,29792.538.77$49,234
Jan 2008185,97090.388.21$50,615
Dec 2007466,01488.337.30$47,977
Nov 2007356,18491.677.29$48,300
Oct 2007125,77782.856.92$40,982
Sep 2007415,90075.846.24$39,950
Aug 2007726,80869.066.39$48,461
Jul 20071066,13770.906.39$46,718
Jun 2007855,63762.007.55$47,821
May 20071886,08458.747.85$58,780
Apr 2007926,52959.617.81$56,444
Mar 20071016,68256.927.30$54,541
Feb 2007545,93655.108.22$51,746
Jan 2007866,23950.306.73$46,295
Dec 2006866,70856.656.92$51,281
Nov 2006707,34254.207.62$59,722
Oct 2006716,84554.906.01$45,062
Sep 2006726,76460.085.04$38,397
Aug 2006758,54768.717.34$67,888
Jul 2006939,43069.376.34$66,264
Jun 2006729,39766.286.38$64,761
May 200613110,29166.016.42$74,767
Apr 20062810,68864.397.36$80,472
Mar 2006987,33456.707.08$57,503
Feb 2006849,85657.597.75$81,233
Jan 20063310,97060.598.93$99,998
Dec 200514911,99954.9413.42$169,157
Nov 20055313,11154.6910.59$141,723
Oct 20059713,48758.3413.80$191,722
Sep 200512215,57661.4512.08$195,639
Aug 20056817,78161.519.80$178,380
Jul 20059520,90455.697.84$169,254
Jun 20054016,49352.337.38$123,829
May 20058916,71545.226.65$115,199
Apr 20057716,73249.207.36$126,944
Mar 20055221,33250.377.15$155,247
Feb 20059520,64745.226.31$134,618
Jan 20055123,24943.166.32$149,186
Dec 200411831,12139.866.75$214,804
Nov 200420236,46945.286.33$240,011
Oct 200441740,31849.706.52$283,401
Sep 200419146,88143.245.28$255,973
Aug 200441263,10842.375.55$367,747
Jul 200425882,88038.286.08$514,133
Jun 200419580,97736.106.43$527,966
May 20040037.486.49$0

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             1 bbl  × $106.41 =       $106
Gas                1,138 Mcf  × $  3.05 =     $3,466

────────────────────────────────────────────────────
Month total                                   $3,573

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/205614 is the state's own key, not one this site invented.