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 206988District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Nov 2004 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
259
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 Gas112005-07-22161035
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
CondensateDisposition4,445 bbl$328,409
GasProduction716,667 Mcf$4,502,652
Total$4,831,062

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 27.6246, -98.9968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62456, -98.99684 · 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
10,950 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 10,950 ft.

Completions filed
Nov 2004
1 of 1 wells

1 well

42-47938897910,950 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 (259)

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

259 months

May 2026171,080106.413.05$5,098
Apr 2026161,10198.932.87$4,742
Mar 202601,14589.753.15$3,606
Feb 2026161,07763.503.75$5,055
Jan 202601,19459.138.00$9,550
Dec 2025331,24456.664.41$7,360
Nov 202501,24158.593.93$4,873
Oct 202501,45559.383.30$4,809
Sep 2025181,54462.743.08$5,880
Aug 2025181,65663.933.01$6,143
Jul 202502,01266.743.32$6,670
Jun 2025191,41466.483.13$5,687
May 2025034260.553.23$1,105
Apr 2025090662.363.54$3,210
Mar 2025221,22667.704.27$6,722
Feb 2025094370.884.34$4,093
Jan 2025080274.324.28$3,432
Dec 2024050168.993.12$1,564
Nov 20245977569.052.20$5,778
Oct 20242229871.372.28$2,250
Sep 2024030969.612.36$731
Aug 2024034075.632.06$702
Jul 20242536879.932.15$2,788
Jun 20243136878.082.63$3,390
May 2024030978.812.20$679
Apr 2024041984.451.66$695
Mar 20242531780.301.55$2,497
Feb 2024070876.091.78$1,263
Jan 20241842373.023.30$2,709
Dec 20231744871.262.61$2,381
Nov 2023055577.892.81$1,558
Oct 20232133685.443.09$2,832
Sep 20232046389.042.74$3,047
Aug 20233246380.522.67$3,814
Jul 2023060374.852.64$1,593
Jun 20232674668.962.26$3,478
May 2023077770.622.23$1,731
Apr 20232874078.122.24$3,843
Mar 2023083472.852.39$1,996
Feb 20234480075.112.47$5,277
Jan 2023082576.533.39$2,795
Dec 20222291476.415.73$6,917
Nov 20222156685.005.65$4,981
Oct 20222746087.185.86$5,051
Sep 20223062084.888.16$7,608
Aug 2022046194.529.13$4,208
Jul 202239378101.587.54$6,813
Jun 202245303115.097.98$7,596
May 20220292109.378.43$2,462
Apr 202242322104.226.84$6,579
Mar 202236562108.885.08$6,773
Feb 20223438291.054.86$4,952
Jan 20223437581.844.54$4,484
Dec 2021043771.323.90$1,704
Nov 20212643777.435.24$4,302
Oct 20212861179.795.71$5,725
Sep 2021060869.865.35$3,253
Aug 20213760466.024.22$4,992
Jul 20212880770.783.98$5,195
Jun 20213680769.493.38$5,230
May 2021063963.483.02$1,928
Apr 2021363660.362.76$1,935
Mar 2021448761.302.72$1,568
Feb 2021552657.805.55$3,207
Jan 2021581050.412.81$2,528
Dec 20202559944.642.68$2,719
Nov 20201978638.772.71$2,864
Oct 2020081636.972.48$2,022
Sep 2020067837.091.99$1,350
Aug 2020068139.982.39$1,624
Jul 2020068138.371.83$1,243
Jun 2020093934.901.69$1,587
May 2020076916.921.81$1,396
Apr 202001,01114.751.80$1,824
Mar 2020088730.341.86$1,646
Feb 2020087849.881.98$1,739
Jan 2020079757.252.09$1,670
Dec 2019075459.012.30$1,737
Nov 2019086255.302.75$2,371
Oct 2019094953.472.42$2,295
Sep 2019091755.052.66$2,437
Aug 201991,09953.112.30$3,010
Jul 20192699256.272.46$3,903
Jun 2019075552.782.49$1,881
May 2019094758.482.74$2,595
Apr 2019094262.632.75$2,591
Mar 2019391,00156.803.06$5,280
Feb 20193689450.852.79$4,327
Jan 201901,00646.033.23$3,248
Dec 201801,06046.594.19$4,437
Nov 201801,05052.934.24$4,449
Oct 201801,00661.443.40$3,418
Sep 201801,23959.543.11$3,851
Aug 201801,06759.403.07$3,272
Jul 2018099765.142.93$2,923
Jun 201801,28860.183.08$3,963
May 2018201,34965.382.90$5,221
Apr 2018191,08863.842.90$4,369
Mar 2018201,24761.222.79$4,700
Feb 2018281,29261.782.77$5,304
Jan 20182893162.874.01$5,493
Dec 2017068657.272.92$2,004
Nov 2017070955.423.12$2,211
Oct 2017092849.292.98$2,769
Sep 2017201,29947.523.09$4,961
Aug 201701,91045.373.00$5,738
Jul 201701,32843.873.09$4,100
Jun 2017046042.493.09$1,420
May 2017058545.373.26$1,909
Apr 201701,11047.933.21$3,565
Mar 201701,35846.772.98$4,052
Feb 2017241,63750.452.95$6,044
Jan 2017231,03549.413.42$4,675
Dec 20163915648.763.72$2,482
Nov 20168458642.492.64$5,119
Oct 20163570946.193.09$3,808
Sep 2016331,28441.553.10$5,352
Aug 20163362941.442.92$3,207
Jul 20164162941.622.92$3,546
Jun 20164262645.352.69$3,586
May 2016078342.521.99$1,559
Apr 201601,08936.561.99$2,168
Mar 201601,79233.011.79$3,215
Feb 2016321,77826.472.06$4,516
Jan 2016291,09127.352.36$3,373
Dec 2015321,62132.362.00$4,280
Nov 201502,01138.792.17$4,359
Oct 201502,00843.552.43$4,873
Sep 2015372,25242.992.76$7,803
Aug 201502,00140.162.87$5,748
Jul 2015078848.152.95$2,321
Jun 201501,36156.152.88$3,924
May 2015511,51355.212.96$7,287
Apr 2015461,62449.822.71$6,687
Mar 201501,81142.892.93$5,315
Feb 2015741,75444.662.98$8,525
Jan 201502,84943.433.10$8,834
Dec 2014035054.693.59$1,257
Nov 201401,11470.464.25$4,737
Oct 2014063078.303.90$2,458
Sep 2014178186.164.05$3,246
Aug 2014288889.394.04$3,762
Jul 2014075596.564.18$3,156
Jun 201401,08998.164.74$5,158
May 201401,05694.734.73$4,991
Apr 2014299095.944.81$4,953
Mar 201401,02495.895.06$5,178
Feb 2014101,01997.406.19$7,284
Jan 201401,05490.404.86$5,123
Dec 201301,06091.824.35$4,616
Nov 2013351,09088.853.74$7,184
Oct 2013451,30597.423.78$9,316
Sep 201301,280104.113.72$4,759
Aug 2013161,400104.253.52$6,600
Jul 201301,119102.523.72$4,160
Jun 2013171,23394.403.93$6,455
May 201311,38994.834.15$5,858
Apr 201301,21093.964.28$5,182
Mar 201311,22893.623.91$4,899
Feb 201301,12491.233.42$3,844
Jan 2013311,25091.603.42$7,114
Dec 2012601,40886.773.42$10,022
Nov 20121551,33886.953.62$18,327
Oct 20121811,57089.383.40$21,515
Sep 201201,49594.672.92$4,363
Aug 20121771,43492.662.91$20,571
Jul 20121681,66485.133.02$19,328
Jun 201201,78379.822.52$4,491
May 20121132,23391.612.49$15,908
Apr 20121542,267101.652.00$20,181
Mar 20121592,299105.052.22$21,812
Feb 201202,171101.102.57$5,580
Jan 2012622,28898.092.73$12,337
Dec 201102,27396.873.24$7,364
Nov 2011702,19995.723.31$13,982
Oct 201102,39884.983.65$8,749
Sep 2011852,54783.623.99$17,260
Aug 201102,63083.404.15$10,913
Jul 2011581,93694.144.52$14,206
Jun 2011442,88692.904.64$17,478
May 201143,06898.134.40$13,907
Apr 201102,962105.964.33$12,835
Mar 201103,43396.364.06$13,929
Feb 201103,51385.644.18$14,684
Jan 201101,78486.504.59$8,186
Dec 201001,05785.734.35$4,596
Nov 2010089780.843.80$3,404
Oct 201001,03878.103.51$3,642
Sep 2010088472.633.98$3,518
Aug 201001,08673.684.42$4,799
Jul 201001,02372.554.74$4,845
Jun 201002,48970.364.91$12,222
May 201002,99171.124.24$12,668
Apr 201001,40581.694.12$5,792
Mar 201001,23278.394.39$5,407
Feb 201002,07573.585.44$11,293
Jan 201001,31774.365.96$7,855
Dec 200901,45171.445.48$7,957
Nov 200901,68474.593.75$6,318
Oct 200901,20872.544.11$4,965
Sep 200901,50765.543.06$4,619
Aug 200903,13267.423.22$10,080
Jul 200904,21161.133.46$14,589
Jun 200902,24566.163.90$8,744
May 200905,40254.743.93$21,207
Apr 2009161,80246.773.59$7,213
Mar 2009171,89842.144.06$8,420
Feb 200901,99632.814.63$9,247
Jan 200942,42235.865.37$13,152
Dec 2008113,05537.105.98$18,668
Nov 200801,80955.496.86$12,410
Oct 200802,81375.246.92$19,472
Sep 200801,819101.767.88$14,328
Aug 200801,646114.228.48$13,963
Jul 200854,496131.0811.39$51,862
Jun 200801,111131.3313.03$14,479
May 2008411,937123.1711.57$27,469
Apr 200803,410110.3110.45$35,651
Mar 2008215,903101.909.66$59,187
Feb 200851,67092.538.77$15,110
Jan 200862,65290.388.21$22,304
Dec 2007144,86288.337.30$36,739
Nov 2007293,27391.677.29$26,524
Oct 200701,71582.856.92$11,871
Sep 2007103,22975.846.24$20,921
Aug 200772,87069.066.39$18,817
Jul 2007123,30470.906.39$21,957
Jun 200732,48162.007.55$18,914
May 200772,57458.747.85$20,608
Apr 200782,28459.617.81$18,304
Mar 2007133,18256.927.30$23,975
Feb 2007234,17355.108.22$35,553
Jan 2007115,44450.306.73$37,174
Dec 2006285,57656.656.92$40,163
Nov 200695,77554.207.62$44,479
Oct 2006104,25754.906.01$26,150
Sep 2006116,46360.085.04$33,216
Aug 2006115,07368.717.34$37,991
Jul 2006124,91369.376.34$31,994
Jun 200684,84366.286.38$31,447
May 2006117,24066.016.42$47,243
Apr 200606,27764.397.36$46,202
Mar 200609,83856.707.08$69,682
Feb 200608,58757.597.75$66,559
Jan 2006010,27860.598.93$91,817
Dec 2005010,72554.9413.42$143,880
Nov 2005011,07354.6910.59$117,245
Oct 2005012,65258.3413.80$174,544
Sep 2005113,89761.4512.08$167,923
Aug 2005315,40561.519.80$151,105
Jul 20051318,73755.697.84$147,690
Jun 20052518,30852.337.38$136,440
May 20053026,38945.226.65$176,874
Apr 20053130,92549.207.36$229,148
Mar 20056837,72750.377.15$273,357
Feb 20057628,47045.226.31$183,137
Jan 20057524,67843.166.32$159,256
Dec 200411251,76939.866.75$353,961
Nov 20042413,41645.286.33$86,016

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            17 bbl  × $106.41 =     $1,809
Gas                1,080 Mcf  × $  3.05 =     $3,290

────────────────────────────────────────────────────
Month total                                   $5,098

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/206988 is the state's own key, not one this site invented.