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 208265District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Dec 2004 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
258
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 Gas112005-12-06164229
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
CondensateDisposition4,651 bbl$295,463
GasProduction672,863 Mcf$4,686,371
Total$4,981,834

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 27.5936, -99.0253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59356, -99.02531 · 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
11,365 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 11,365 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-4793887621R11,365 ftDec 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 (258)

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

258 months

May 20260144106.413.05$439
Apr 2026117098.932.87$587
Mar 2026018589.753.15$583
Feb 2026118763.503.75$765
Jan 2026119959.138.00$1,651
Dec 2025112556.664.41$608
Nov 2025018958.593.93$742
Oct 2025117559.383.30$638
Sep 2025117862.743.08$610
Aug 2025019363.933.01$582
Jul 2025126866.743.32$955
Jun 2025014266.483.13$444
May 2025120560.553.23$723
Apr 2025119862.363.54$764
Mar 2025221967.704.27$1,070
Feb 2025021470.884.34$929
Jan 2025125874.324.28$1,178
Dec 2024021668.993.12$674
Nov 2024222369.052.20$628
Oct 2024220671.372.28$613
Sep 2024221569.612.36$648
Aug 2024020975.632.06$431
Jul 2024219879.932.15$585
Jun 2024119978.082.63$602
May 2024121378.812.20$547
Apr 2024224984.451.66$582
Mar 2024123680.301.55$445
Feb 2024224376.091.78$586
Jan 2024224673.023.30$957
Dec 2023025971.262.61$676
Nov 2023824277.892.81$1,303
Oct 2023385785.443.09$2,902
Sep 2023269889.042.74$2,087
Aug 2023536280.522.67$1,370
Jul 2023296974.852.64$2,710
Jun 202321,04668.962.26$2,500
May 20231394870.622.23$3,030
Apr 202311,07578.122.24$2,484
Mar 2023690272.852.39$2,596
Feb 2023255175.112.47$1,509
Jan 2023116976.533.39$649
Dec 2022427876.415.73$1,898
Nov 2022020085.005.65$1,129
Oct 2022364587.185.86$4,044
Sep 2022025784.888.16$2,098
Aug 2022139594.529.13$3,700
Jul 20221309101.587.54$2,432
Jun 20221123115.097.98$1,096
May 20221149109.378.43$1,366
Apr 20223193104.226.84$1,632
Mar 20221229108.885.08$1,271
Feb 2022019291.054.86$933
Jan 2022316881.844.54$1,008
Dec 2021032271.323.90$1,256
Nov 2021119777.435.24$1,109
Oct 2021017879.795.71$1,017
Sep 2021014269.865.35$760
Aug 202119566.024.22$467
Jul 2021013470.783.98$534
Jun 2021114269.493.38$550
May 2021011163.483.02$335
Apr 202129660.362.76$386
Mar 2021029961.302.72$812
Feb 202119157.805.55$563
Jan 2021022650.412.81$635
Dec 202004244.642.68$112
Nov 202004138.772.71$111
Oct 202009336.972.48$230
Sep 20200237.091.99$4
Aug 202001139.982.39$26
Jul 2020213538.371.83$323
Jun 2020218734.901.69$386
May 2020023016.921.81$417
Apr 202014614.751.80$98
Mar 2020125930.341.86$511
Feb 2020132649.881.98$696
Jan 2020048557.252.09$1,016
Dec 2019010159.012.30$233
Nov 201901655.302.75$44
Oct 2019032253.472.42$779
Sep 2019312555.052.66$497
Aug 2019128453.112.30$708
Jul 2019128856.272.46$765
Jun 2019139752.782.49$1,042
May 2019111458.482.74$371
Apr 2019233362.632.75$1,041
Mar 2019281456.803.06$2,606
Feb 201921,04250.852.79$3,011
Jan 201911,18746.033.23$3,878
Dec 201801,04346.594.19$4,365
Nov 2018079052.934.24$3,347
Oct 2018080461.443.40$2,732
Sep 2018075959.543.11$2,359
Aug 2018092559.403.07$2,837
Jul 2018073665.142.93$2,158
Jun 2018083360.183.08$2,563
May 2018085565.382.90$2,480
Apr 2018076463.842.90$2,216
Mar 2018067861.222.79$1,889
Feb 2018069361.782.77$1,917
Jan 2018064162.874.01$2,570
Dec 2017048257.272.92$1,408
Nov 2017059455.423.12$1,852
Oct 20171343249.292.98$1,930
Sep 2017054347.523.09$1,676
Aug 2017060745.373.00$1,824
Jul 2017082943.873.09$2,559
Jun 2017077442.493.09$2,390
May 2017088545.373.26$2,888
Apr 201701,00447.933.21$3,224
Mar 2017067646.772.98$2,017
Feb 2017057450.452.95$1,695
Jan 20171758149.413.42$2,826
Dec 201601,17448.763.72$4,371
Nov 2016262,71242.492.64$8,276
Oct 2016111,05846.193.09$3,778
Sep 20162027241.553.10$1,674
Aug 20161335441.442.92$1,574
Jul 20162752541.622.92$2,659
Jun 20161337645.352.69$1,599
May 20162634142.521.99$1,784
Apr 20162644936.561.99$1,845
Mar 20162631533.011.79$1,423
Feb 20162427626.472.06$1,205
Jan 20162334727.352.36$1,449
Dec 20152339432.362.00$1,533
Nov 20152340938.792.17$1,779
Oct 20151145643.552.43$1,586
Sep 20153237342.992.76$2,405
Aug 20151040740.162.87$1,571
Jul 20151951048.152.95$2,417
Jun 20151943156.152.88$2,309
May 20151958455.212.96$2,775
Apr 20152060749.822.71$2,639
Mar 20151965142.892.93$2,725
Feb 20151857544.662.98$2,515
Jan 20151863043.433.10$2,735
Dec 20141965454.693.59$3,388
Nov 20142059670.464.25$3,943
Oct 20141862478.303.90$3,844
Sep 20141462086.164.05$3,714
Aug 2014868989.394.04$3,495
Jul 2014769396.564.18$3,572
Jun 2014570798.164.74$3,840
May 2014563494.734.73$3,470
Apr 2014563295.944.81$3,519
Mar 2014574395.895.06$4,237
Feb 2014563897.406.19$4,438
Jan 2014567990.404.86$3,752
Dec 2013576091.824.35$3,769
Nov 2013259088.853.74$2,383
Oct 2013272297.423.78$2,924
Sep 20135732104.113.72$3,242
Aug 20135732104.253.52$3,100
Jul 20132762102.523.72$3,038
Jun 2013277394.403.93$3,229
May 2013578294.834.15$3,719
Apr 2013581193.964.28$3,943
Mar 2013584293.623.91$3,763
Feb 2013576391.233.42$3,066
Jan 2013777891.603.42$3,302
Dec 2012284386.773.42$3,057
Nov 2012181386.953.62$3,034
Oct 2012079889.383.40$2,713
Sep 2012078994.672.92$2,303
Aug 2012083192.662.91$2,417
Jul 2012186385.133.02$2,692
Jun 2012088279.822.52$2,222
May 2012089191.612.49$2,217
Apr 20123863101.652.00$2,028
Mar 20128773105.052.22$2,558
Feb 201214784101.102.57$3,430
Jan 2012992698.092.73$3,415
Dec 20111490696.873.24$4,291
Nov 20111282395.723.31$3,874
Oct 20111490884.983.65$4,503
Sep 2011981583.623.99$4,001
Aug 20111286783.404.15$4,598
Jul 2011851894.144.52$3,093
Jun 2011582192.904.64$4,274
May 20111097598.134.40$5,276
Apr 201111895105.964.33$5,044
Mar 20111685296.364.06$4,999
Feb 20111582085.644.18$4,712
Jan 20111988686.504.59$5,709
Dec 20101485485.734.35$4,913
Nov 20101586280.843.80$4,484
Oct 20102397978.103.51$5,232
Sep 20101894272.633.98$5,056
Aug 2010181,10073.684.42$6,188
Jul 2010181,09172.554.74$6,473
Jun 2010181,10070.364.91$6,668
May 2010131,16571.124.24$5,859
Apr 2010311,27881.694.12$7,801
Mar 2010311,28478.394.39$8,065
Feb 2010251,23873.585.44$8,577
Jan 2010401,19374.365.96$10,090
Dec 2009401,23671.445.48$9,636
Nov 2009331,15674.593.75$6,798
Oct 2009251,33472.544.11$7,297
Sep 2009321,30965.543.06$6,109
Aug 2009161,28667.423.22$5,218
Jul 2009331,43361.133.46$6,982
Jun 2009331,44466.163.90$7,808
May 2009351,34354.743.93$7,188
Apr 2009191,61046.773.59$6,665
Mar 2009451,65942.144.06$8,630
Feb 2009371,87732.814.63$9,910
Jan 2009301,60635.865.37$9,702
Dec 2008411,67537.105.98$11,533
Nov 2008521,68855.496.86$14,466
Oct 2008341,75375.246.92$14,692
Sep 2008281,637101.767.88$15,744
Aug 2008351,277114.228.48$14,831
Jul 2008121,435131.0811.39$17,917
Jun 2008192,107131.3313.03$29,955
May 2008111,668123.1711.57$20,661
Apr 2008352,369110.3110.45$28,628
Mar 2008582,601101.909.66$31,046
Feb 2008412,70292.538.77$27,492
Jan 2008253,30190.388.21$29,347
Dec 2007613,03288.337.30$27,528
Nov 2007473,24191.677.29$27,941
Oct 2007173,21482.856.92$23,656
Sep 2007504675.846.24$4,079
Aug 2007495,12969.066.39$36,148
Jul 2007535,78270.906.39$40,693
Jun 2007417,55562.007.55$59,571
May 20078615,86258.747.85$129,509
Apr 2007301,19259.617.81$11,092
Mar 2007537,69356.927.30$59,191
Feb 2007286,62955.108.22$56,007
Jan 2007457,43550.306.73$52,278
Dec 2006458,16256.656.92$59,018
Nov 2006367,75654.207.62$61,032
Oct 2006367,02954.906.01$44,247
Sep 2006386,94260.085.04$37,251
Aug 2006397,80968.717.34$59,997
Jul 2006468,31069.376.34$55,899
Jun 2006368,32566.286.38$55,532
May 20061198,98566.016.42$65,584
Apr 2006377,91864.397.36$60,663
Mar 20061318,91956.707.08$70,600
Feb 20061217,50557.597.75$65,141
Jan 20065914,63560.598.93$134,314
Dec 200519013,78254.9413.42$195,330
Nov 200517810,99654.6910.59$126,165
Oct 200512813,90858.3413.80$199,339
Sep 200519315,59261.4512.08$200,196
Aug 200514818,81261.519.80$193,402
Jul 200522121,99055.697.84$184,789
Jun 20059325,31352.337.38$191,703
May 200514533,18245.226.65$227,256
Apr 20051641,67749.207.36$307,550
Mar 20051151,37850.377.15$368,157
Feb 20052049,70345.226.31$314,626
Jan 2005857,97643.166.32$366,881
Dec 20040039.866.75$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             0 bbl  × $106.41 =         $0
Gas                  144 Mcf  × $  3.05 =       $439

────────────────────────────────────────────────────
Month total                                     $439

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/208265 is the state's own key, not one this site invented.