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 208103District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Oct 2004 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
260
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 Gas112009-03-30161037
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
CondensateDisposition7,191 bbl$466,195
GasProduction734,650 Mcf$4,411,978
Total$4,878,173

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 27.6299, -98.9987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62990, -98.99870 · 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
Oct 2004
1 of 1 wells

1 well

42-47938831711,500 ftOct 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 (260)

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

260 months

May 202617420106.413.05$3,088
Apr 20261644698.932.87$2,863
Mar 2026044489.753.15$1,398
Feb 20261638763.503.75$2,467
Jan 2026044959.138.00$3,591
Dec 20253347356.664.41$3,957
Nov 2025046758.593.93$1,834
Oct 2025015459.383.30$509
Sep 20251827762.743.08$1,982
Aug 20251845963.933.01$2,535
Jul 2025087066.743.32$2,884
Jun 20251972966.483.13$3,544
May 2025061860.553.23$1,998
Apr 2025059462.363.54$2,105
Mar 20252284767.704.27$5,105
Feb 2025052670.884.34$2,283
Jan 2025056074.324.28$2,396
Dec 2024049668.993.12$1,548
Nov 202419363469.052.20$14,720
Oct 20242129671.372.28$2,174
Sep 2024028569.612.36$674
Aug 2024029975.632.06$617
Jul 20242027779.932.15$2,193
Jun 20242127778.082.63$2,369
May 2024026978.812.20$591
Apr 2024029784.451.66$493
Mar 20242029680.301.55$2,063
Feb 2024028676.091.78$510
Jan 20241829973.023.30$2,300
Dec 20231730671.262.61$2,010
Nov 2023029277.892.81$820
Oct 20231831085.443.09$2,495
Sep 20231832289.042.74$2,483
Aug 20231732280.522.67$2,230
Jul 2023035874.852.64$946
Jun 20231529968.962.26$1,710
May 2023032170.622.23$715
Apr 2023031778.122.24$709
Mar 2023040572.852.39$969
Feb 20232444975.112.47$2,910
Jan 2023062176.533.39$2,104
Dec 20222370776.415.73$5,808
Nov 20222150985.005.65$4,659
Oct 20222670987.185.86$6,424
Sep 20222579784.888.16$8,628
Aug 2022087094.529.13$7,941
Jul 202225974101.587.54$9,885
Jun 202228865115.097.98$10,123
May 20220912109.378.43$7,691
Apr 2022241,122104.226.84$10,173
Mar 2022261,248108.885.08$9,166
Feb 20222572791.054.86$5,809
Jan 2022231,06781.844.54$6,724
Dec 202101,18571.323.90$4,620
Nov 2021281,12977.435.24$8,080
Oct 20212487679.795.71$6,920
Sep 2021099569.865.35$5,324
Aug 2021201,06766.024.22$5,824
Jul 2021171,18870.783.98$5,934
Jun 202161,18869.493.38$4,433
May 202101,03563.483.02$3,123
Apr 2021391,81960.362.76$7,372
Mar 2021271,96261.302.72$6,986
Feb 2021451,14657.805.55$8,959
Jan 2021161,66450.412.81$5,483
Dec 20203296544.642.68$4,010
Nov 2020412,15238.772.71$7,414
Oct 2020632,43136.972.48$8,354
Sep 20206342537.091.99$3,183
Aug 2020042739.982.39$1,018
Jul 2020042738.371.83$779
Jun 20202292434.901.69$2,330
May 2020201,01616.921.81$2,182
Apr 2020201,71414.751.80$3,388
Mar 2020201,43030.341.86$3,261
Feb 202001,41649.881.98$2,805
Jan 202001,17757.252.09$2,466
Dec 201901,13659.012.30$2,618
Nov 201901,53155.302.75$4,211
Oct 2019592,26853.472.42$8,640
Sep 201901,94455.052.66$5,166
Aug 201902,37453.112.30$5,471
Jul 201901,57256.272.46$3,867
Jun 201901,79452.782.49$4,469
May 20191191,50158.482.74$11,072
Apr 201901,49462.632.75$4,110
Mar 201901,59256.803.06$4,875
Feb 201901,93050.852.79$5,389
Jan 201902,04646.033.23$6,605
Dec 2018331,67546.594.19$8,548
Nov 2018332,16752.934.24$10,929
Oct 2018331,39461.443.40$6,764
Sep 2018332,27659.543.11$9,039
Aug 2018342,08059.403.07$8,398
Jul 2018331,94365.142.93$7,846
Jun 2018332,11260.183.08$8,484
May 2018201,96765.382.90$7,013
Apr 2018191,86763.842.90$6,629
Mar 2018202,24861.222.79$7,489
Feb 201801,85161.782.77$5,120
Jan 201801,53962.874.01$6,170
Dec 201701,91857.272.92$5,603
Nov 2017561,93555.423.12$9,138
Oct 201702,28349.292.98$6,812
Sep 2017201,83347.523.09$6,609
Aug 2017263,34145.373.00$11,217
Jul 2017552,03843.873.09$8,705
Jun 201702,04842.493.09$6,323
May 201701,92845.373.26$6,292
Apr 2017542,35147.933.21$10,139
Mar 201702,44846.772.98$7,304
Feb 2017472,39850.452.95$9,451
Jan 2017462,08449.413.42$9,398
Dec 20163993448.763.72$5,379
Nov 2016841,43942.492.64$7,374
Oct 2016702,09546.193.09$9,707
Sep 2016662,26241.553.10$9,756
Aug 2016661,82541.442.92$8,072
Jul 2016411,82541.622.92$7,043
Jun 2016421,81745.352.69$6,785
May 201602,30542.521.99$4,589
Apr 201601,44936.561.99$2,885
Mar 201601,30533.011.79$2,341
Feb 2016641,48926.472.06$4,767
Jan 2016292,01727.352.36$5,562
Dec 2015322,01132.362.00$5,060
Nov 2015531,88038.792.17$6,130
Oct 201501,92743.552.43$4,676
Sep 2015371,76742.992.76$6,465
Aug 201501,80940.162.87$5,196
Jul 2015351,63248.152.95$6,492
Jun 2015067156.152.88$1,934
May 2015060955.212.96$1,800
Apr 2015069649.822.71$1,884
Mar 201502,06942.892.93$6,072
Feb 201502,21544.662.98$6,592
Jan 201502,17443.433.10$6,741
Dec 20141421,68454.693.59$13,814
Nov 201402,00970.464.25$8,542
Oct 201401,82278.303.90$7,108
Sep 201411,91586.164.05$7,833
Aug 201422,01289.394.04$8,297
Jul 201402,77696.564.18$11,603
Jun 201401,85298.164.74$8,773
May 201401,57094.734.73$7,421
Apr 2014231,55995.944.81$9,704
Mar 201401,57395.895.06$7,954
Feb 2014481,33497.406.19$12,935
Jan 201401,42890.404.86$6,941
Dec 201301,37191.824.35$5,970
Nov 2013431,52688.853.74$9,525
Oct 2013341,54997.423.78$9,167
Sep 201301,361104.113.72$5,060
Aug 20131091,227104.253.52$15,685
Jul 201301,926102.523.72$7,160
Jun 2013751,71594.403.93$13,826
May 2013601,56994.834.15$12,200
Apr 201301,61193.964.28$6,899
Mar 20131631,73193.623.91$22,033
Feb 201301,61091.233.42$5,506
Jan 2013871,84891.603.42$14,289
Dec 201201,68986.773.42$5,777
Nov 201201,56586.953.62$5,673
Oct 201201,99389.383.40$6,776
Sep 201202,27694.672.92$6,642
Aug 201203,10392.662.91$9,024
Jul 201202,85485.133.02$8,621
Jun 2012081979.822.52$2,063
May 2012082991.612.49$2,063
Apr 20120833101.652.00$1,663
Mar 20120868105.052.22$1,929
Feb 20120838101.102.57$2,154
Jan 2012088998.092.73$2,431
Dec 2011084096.873.24$2,721
Nov 2011087095.723.31$2,881
Oct 2011094084.983.65$3,430
Sep 20111087883.623.99$4,336
Aug 201101,02583.404.15$4,253
Jul 20114026494.144.52$4,958
Jun 2011471,07392.904.64$9,345
May 20114492698.134.40$8,397
Apr 201146886105.964.33$8,713
Mar 2011501,14696.364.06$9,468
Feb 2011511,01585.644.18$8,610
Jan 201101,10386.504.59$5,061
Dec 2010691,21685.734.35$11,202
Nov 201001,72480.843.80$6,543
Oct 2010642,08078.103.51$12,297
Sep 201002,23272.633.98$8,882
Aug 2010752,49373.684.42$16,543
Jul 201002,58672.554.74$12,249
Jun 201002,55270.364.91$12,531
May 2010462,55471.124.24$14,088
Apr 2010592,61681.694.12$15,605
Mar 2010652,65778.394.39$16,756
Feb 201002,30873.585.44$12,561
Jan 2010542,52674.365.96$19,081
Dec 2009482,73871.445.48$18,444
Nov 2009422,64174.593.75$13,040
Oct 2009202,78972.544.11$12,914
Sep 200902,69665.543.06$8,263
Aug 2009412,71667.423.22$11,506
Jul 2009492,71561.133.46$12,401
Jun 200902,58566.163.90$10,069
May 2009762,50054.743.93$13,975
Apr 2009743,06146.773.59$14,442
Mar 2009652,77442.144.06$13,999
Feb 200902,94332.814.63$13,635
Jan 20091203,52835.865.37$23,252
Dec 2008813,57637.105.98$24,379
Nov 2008594,24155.496.86$32,369
Oct 2008633,84675.246.92$31,362
Sep 2008663,642101.767.88$35,405
Aug 2008403,082114.228.48$30,713
Jul 2008403,475131.0811.39$44,821
Jun 200803,190131.3313.03$41,574
May 2008863,600123.1711.57$52,260
Apr 200803,670110.3110.45$38,369
Mar 2008613,243101.909.66$37,556
Feb 2008263,52192.538.77$33,287
Jan 2008123,62690.388.21$30,839
Dec 2007174,04888.337.30$31,060
Nov 2007354,11791.677.29$33,228
Oct 200704,69782.856.92$32,513
Sep 2007194,70675.846.24$30,826
Aug 2007224,57769.066.39$30,757
Jul 2007584,42770.906.39$32,392
Jun 2007375,36162.007.55$42,761
May 2007555,55858.747.85$46,840
Apr 2007285,00659.617.81$40,742
Mar 2007354,78656.927.30$36,939
Feb 2007424,88355.108.22$42,433
Jan 2007236,42850.306.73$44,397
Dec 2006506,45256.656.92$47,470
Nov 2006266,63554.207.62$51,951
Oct 2006317,11654.906.01$44,496
Sep 2006317,25860.085.04$38,422
Aug 2006327,72368.717.34$58,885
Jul 2006327,84269.376.34$51,960
Jun 2006357,90166.286.38$52,759
May 2006339,04566.016.42$60,292
Apr 2006309,19964.397.36$69,641
Mar 2006474,34756.707.08$33,454
Feb 2006256,04857.597.75$48,319
Jan 2006298,45560.598.93$77,288
Dec 2005709,00454.9413.42$124,638
Nov 2005349,80454.6910.59$105,668
Oct 20055710,77358.3413.80$151,947
Sep 20055012,40761.4512.08$152,937
Aug 20054814,98761.519.80$149,778
Jul 2005708,31655.697.84$69,126
Jun 2005337,51452.337.38$57,188
May 20054112,87845.226.65$87,508
Apr 20054113,56249.207.36$101,840
Mar 200510015,40950.377.15$115,287
Feb 200511918,87945.226.31$124,544
Jan 200512625,19043.166.32$164,694
Dec 200419037,73939.866.75$262,352
Nov 200411745,40845.286.33$292,749
Oct 200463,67749.706.52$24,254

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                  420 Mcf  × $  3.05 =     $1,279

────────────────────────────────────────────────────
Month total                                   $3,088

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/208103 is the state's own key, not one this site invented.