LUNDELL RANCH

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 209639District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Mar 2005 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
255
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 Gas112013-01-15205445
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
CondensateDisposition2,597 bbl$188,869
GasProduction403,888 Mcf$2,343,647
Total$2,532,516

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 27.6078, -98.9992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
10,800 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 10,800 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-479389962110,800 ftMar 2005

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 (255)

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

255 months

May 20260369106.413.05$1,124
Apr 2026034498.932.87$987
Mar 2026044789.753.15$1,408
Feb 202606363.503.75$236
Jan 2026014959.138.00$1,192
Dec 2025035956.664.41$1,584
Nov 2025026358.593.93$1,033
Oct 2025138959.383.30$1,066
Sep 2025029762.743.08$914
Aug 2025050763.933.01$1,528
Jul 2025053666.743.32$1,777
Jun 2025046266.483.13$1,445
May 2025038260.553.23$1,235
Apr 2025035362.363.54$1,251
Mar 2025034067.704.27$1,451
Feb 2025037870.884.34$1,641
Jan 2025037474.324.28$1,600
Dec 2024081068.993.12$2,528
Nov 20241438969.052.20$1,822
Oct 2024029471.372.28$671
Sep 2024029169.612.36$688
Aug 2024028475.632.06$586
Jul 2024036679.932.15$786
Jun 2024036678.082.63$964
May 2024032778.812.20$719
Apr 2024037384.451.66$619
Mar 2024038680.301.55$596
Feb 2024035976.091.78$640
Jan 2024039473.023.30$1,299
Dec 2023041871.262.61$1,091
Nov 2023027777.892.81$778
Oct 2023045685.443.09$1,408
Sep 2023046389.042.74$1,266
Aug 2023046380.522.67$1,238
Jul 2023046474.852.64$1,226
Jun 2023044368.962.26$1,001
May 2023058470.622.23$1,301
Apr 2023056378.122.24$1,260
Mar 2023081972.852.39$1,960
Feb 2023045475.112.47$1,119
Jan 2023043176.533.39$1,460
Dec 2022049176.415.73$2,813
Nov 2022051485.005.65$2,902
Oct 2022051787.185.86$3,032
Sep 2022056784.888.16$4,629
Aug 2022054494.529.13$4,965
Jul 20220527101.587.54$3,975
Jun 20220561115.097.98$4,475
May 20220603109.378.43$5,085
Apr 20220751104.226.84$5,135
Mar 20220746108.885.08$3,787
Feb 2022053691.054.86$2,604
Jan 2022050881.844.54$2,305
Dec 2021053471.323.90$2,082
Nov 2021057477.435.24$3,006
Oct 2021060479.795.71$3,451
Sep 2021059769.865.35$3,195
Aug 2021065266.024.22$2,752
Jul 2021057970.783.98$2,306
Jun 2021057969.493.38$1,957
May 2021069463.483.02$2,094
Apr 2021061260.362.76$1,688
Mar 2021073861.302.72$2,005
Feb 2021063757.805.55$3,534
Jan 2021063450.412.81$1,782
Dec 2020072544.642.68$1,940
Nov 2020064738.772.71$1,751
Oct 2020071436.972.48$1,770
Sep 2020090437.091.99$1,800
Aug 2020090739.982.39$2,163
Jul 2020090738.371.83$1,655
Jun 2020042134.901.69$712
May 2020132816.921.81$612
Apr 2020154614.751.80$1,000
Mar 2020065130.341.86$1,208
Feb 2020364549.881.98$1,427
Jan 2020068757.252.09$1,439
Dec 2019043759.012.30$1,007
Nov 2019058555.302.75$1,609
Oct 2019055553.472.42$1,342
Sep 2019046455.052.66$1,233
Aug 2019056053.112.30$1,290
Jul 2019067556.272.46$1,661
Jun 2019082852.782.49$2,063
May 2019081358.482.74$2,228
Apr 2019081062.632.75$2,228
Mar 2019078456.803.06$2,401
Feb 2019071450.852.79$1,994
Jan 2019085146.033.23$2,747
Dec 2018046546.594.19$1,946
Nov 2018041252.934.24$1,746
Oct 2018059261.443.40$2,012
Sep 2018052759.543.11$1,638
Aug 2018072059.403.07$2,208
Jul 2018067165.142.93$1,967
Jun 2018061160.183.08$1,880
May 2018087665.382.90$2,541
Apr 2018074563.842.90$2,161
Mar 2018077061.222.79$2,146
Feb 2018061261.782.77$1,693
Jan 2018071062.874.01$2,847
Dec 2017079557.272.92$2,323
Nov 2017083055.423.12$2,588
Oct 2017090949.292.98$2,712
Sep 2017085847.523.09$2,649
Aug 2017061845.373.00$1,857
Jul 2017080343.873.09$2,479
Jun 2017086642.493.09$2,674
May 201701,03845.373.26$3,387
Apr 201701,17447.933.21$3,770
Mar 2017084146.772.98$2,509
Feb 2017059750.452.95$1,763
Jan 2017074049.413.42$2,530
Dec 2016060548.763.72$2,252
Nov 2016095042.492.64$2,512
Oct 2016088646.193.09$2,738
Sep 2016083741.553.10$2,595
Aug 2016085941.442.92$2,512
Jul 2016085941.622.92$2,512
Jun 2016085645.352.69$2,299
May 2016084542.521.99$1,682
Apr 201601,04236.561.99$2,075
Mar 2016094533.011.79$1,695
Feb 201601,05226.472.06$2,171
Jan 201601,25827.352.36$2,974
Dec 2015093332.362.00$1,867
Nov 2015079438.792.17$1,721
Oct 2015077943.552.43$1,890
Sep 201501,24042.992.76$3,420
Aug 201501,08940.162.87$3,128
Jul 2015078748.152.95$2,318
Jun 2015059756.152.88$1,721
May 2015082155.212.96$2,426
Apr 201501,07549.822.71$2,910
Mar 2015094442.892.93$2,770
Feb 201501,01244.662.98$3,012
Jan 2015071343.433.10$2,211
Dec 2014097154.693.59$3,487
Nov 201401,14370.464.25$4,860
Oct 2014094078.303.90$3,667
Sep 201401,17686.164.05$4,757
Aug 201411,37089.394.04$5,618
Jul 201401,41296.564.18$5,902
Jun 2014264898.164.74$3,266
May 201401,66994.734.73$7,889
Apr 2014101,73095.944.81$9,279
Mar 201402,09795.895.06$10,604
Feb 201401,08897.406.19$6,737
Jan 201401,28190.404.86$6,227
Dec 201301,15791.824.35$5,038
Nov 2013089088.853.74$3,327
Oct 2013095497.423.78$3,606
Sep 201341,333104.113.72$5,372
Aug 201301,103104.253.52$3,885
Jul 20130821102.523.72$3,052
Jun 201301,08294.403.93$4,256
May 201301,08794.834.15$4,510
Apr 201301,02593.964.28$4,390
Mar 2013093393.623.91$3,651
Feb 201301,19791.233.42$4,094
Jan 201301,33191.603.42$4,552
Dec 2012095086.773.42$3,249
Nov 2012099486.953.62$3,603
Oct 2012091389.383.40$3,104
Sep 201201,20994.672.92$3,528
Aug 201201,31592.662.91$3,824
Jul 201201,26285.133.02$3,812
Jun 201201,81979.822.52$4,582
May 201202,08591.612.49$5,188
Apr 201202,112101.652.00$4,217
Mar 201202,102105.052.22$4,671
Feb 201201,964101.102.57$5,048
Jan 201202,10398.092.73$5,750
Dec 201102,03696.873.24$6,596
Nov 201102,08295.723.31$6,894
Oct 201102,33184.983.65$8,505
Sep 201102,49583.623.99$9,945
Aug 201132,53283.404.15$10,756
Jul 2011211,31694.144.52$7,922
Jun 2011351,86492.904.64$11,900
May 2011553,28698.134.40$19,871
Apr 2011392,001105.964.33$12,803
Mar 2011371,86796.364.06$11,140
Feb 2011331,44685.644.18$8,870
Jan 2011311,88786.504.59$11,341
Dec 2010391,89685.734.35$11,587
Nov 2010202,15980.843.80$9,811
Oct 2010431,94178.103.51$10,169
Sep 2010182,68472.633.98$11,988
Aug 2010181,46173.684.42$7,783
Jul 2010442,33472.554.74$14,247
Jun 2010892,04170.364.91$16,284
May 2010471,74471.124.24$10,729
Apr 2010701,99181.694.12$13,927
Mar 2010962,36678.394.39$17,909
Feb 2010201,90073.585.44$11,812
Jan 201002,31574.365.96$13,807
Dec 2009131,99471.445.48$11,863
Nov 2009651,94774.593.75$12,153
Oct 2009932,29472.544.11$16,175
Sep 20091622,09465.543.06$17,035
Aug 20092252,33467.423.22$22,681
Jul 2009752,34061.133.46$12,692
Jun 20091022,23566.163.90$15,454
May 2009592,80054.743.93$14,222
Apr 2009232,46246.773.59$9,908
Mar 2009372,76842.144.06$12,794
Feb 20091162,35732.814.63$14,726
Jan 2009962,94435.865.37$19,255
Dec 2008742,30437.105.98$16,517
Nov 2008582,38955.496.86$19,608
Oct 2008972,29675.246.92$23,191
Sep 2008702,952101.767.88$30,376
Aug 20081013,277114.228.48$39,335
Jul 2008783,369131.0811.39$48,595
Jun 2008512,051131.3313.03$33,428
May 2008152,924123.1711.57$35,691
Apr 200802,841110.3110.45$29,702
Mar 200803,099101.909.66$29,949
Feb 200802,69892.538.77$23,663
Jan 200802,76590.388.21$22,689
Dec 200703,38988.337.30$24,746
Nov 200702,69591.677.29$19,651
Oct 200713,03082.856.92$21,056
Sep 200702,78575.846.24$17,390
Aug 200703,02369.066.39$19,311
Jul 200743,27170.906.39$21,179
Jun 200712,56362.007.55$19,409
May 200722,80758.747.85$22,142
Apr 200753,15159.617.81$24,892
Mar 2007153,30556.927.30$24,987
Feb 200702,80855.108.22$23,071
Jan 200713,11750.306.73$21,018
Dec 200623,10056.656.92$21,560
Nov 200603,38054.207.62$25,747
Oct 200622,88754.906.01$17,472
Sep 200603,27460.085.04$16,492
Aug 200603,48468.717.34$25,572
Jul 200613,71569.376.34$23,633
Jun 200603,63066.286.38$23,173
May 200603,99766.016.42$25,681
Apr 200603,85364.397.36$28,360
Mar 200604,08156.707.08$28,905
Feb 200603,90157.597.75$30,237
Jan 200604,76360.598.93$42,549
Dec 200504,98454.9413.42$66,862
Nov 200514,87754.6910.59$51,694
Oct 200545,26758.3413.80$72,896
Sep 200555,81661.4512.08$70,559
Aug 200567,23961.519.80$71,288
Jul 200537,50555.697.84$59,034
Jun 200589,37352.337.38$69,601
May 20054411,09245.226.65$75,764
Apr 20055411,77449.207.36$89,319
Mar 20052110,97650.377.15$79,590

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                  369 Mcf  × $  3.05 =     $1,124

────────────────────────────────────────────────────
Month total                                   $1,124

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/209639 is the state's own key, not one this site invented.