FROST 45

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 214923District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Sep 2005 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
249
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 Gas112012-06-26205442
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
CondensateDisposition10,657 bbl$758,756
GasProduction680,324 Mcf$3,890,906
Total$4,649,661

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 27.6655, -99.0102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66552, -99.01024 · 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
10,020 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 10,020 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-47939232610,020 ftSep 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 (249)

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

249 months

May 202601,582106.413.05$4,819
Apr 202601,18698.932.87$3,403
Mar 2026801,36689.753.15$11,482
Feb 202601,38663.503.75$5,198
Jan 202601,48259.138.00$11,853
Dec 20251101,39256.664.41$12,376
Nov 202501,40958.593.93$5,532
Oct 202501,64159.383.30$5,423
Sep 20251091,28062.743.08$10,777
Aug 202501,62963.933.01$4,911
Jul 202501,51566.743.32$5,023
Jun 202501,50166.483.13$4,696
May 202501,34260.553.23$4,338
Apr 202501,39162.363.54$4,928
Mar 20251061,49067.704.27$13,536
Feb 20251071,63170.884.34$14,664
Jan 202501,55774.324.28$6,662
Dec 202401,24068.993.12$3,871
Nov 20246021,19669.052.20$44,197
Oct 202401,18871.372.28$2,710
Sep 202401,20769.612.36$2,854
Aug 202401,28575.632.06$2,652
Jul 202410793479.932.15$10,557
Jun 2024093478.082.63$2,460
May 202401,09078.812.20$2,396
Apr 202401,11184.451.66$1,843
Mar 202401,09680.301.55$1,693
Feb 202401,22176.091.78$2,178
Jan 202410774373.023.30$10,263
Dec 202301,82871.262.61$4,772
Nov 202301,18477.892.81$3,324
Oct 2023093485.443.09$2,884
Sep 202301,10789.042.74$3,028
Aug 202301,10780.522.67$2,959
Jul 20231182,08274.852.64$14,333
Jun 202301,23868.962.26$2,796
May 202301,37670.622.23$3,065
Apr 202301,01178.122.24$2,262
Mar 202301,24272.852.39$2,972
Feb 20231271,12975.112.47$12,323
Jan 202301,27776.533.39$4,326
Dec 202202,06576.415.73$11,831
Nov 202201,62485.005.65$9,169
Oct 202201,29287.185.86$7,576
Sep 202201,58884.888.16$12,964
Aug 2022881,62894.529.13$23,177
Jul 202201,916101.587.54$14,451
Jun 202201,459115.097.98$11,639
May 202201,964109.378.43$16,562
Apr 202201,923104.226.84$13,149
Mar 2022871,919108.885.08$19,214
Feb 202201,45491.054.86$7,065
Jan 202201,24081.844.54$5,627
Dec 202101,55171.323.90$6,048
Nov 202101,28077.435.24$6,703
Oct 2021881,41479.795.71$15,101
Sep 202101,42569.865.35$7,625
Aug 202101,25366.024.22$5,288
Jul 202101,70970.783.98$6,805
Jun 202101,70969.493.38$5,777
May 2021851,49463.483.02$9,904
Apr 202101,48060.362.76$4,082
Mar 202101,50661.302.72$4,092
Feb 202101,23957.805.55$6,874
Jan 202101,37850.412.81$3,873
Dec 202001,98644.642.68$5,313
Nov 20201171,76338.772.71$9,308
Oct 202001,80036.972.48$4,461
Sep 202001,30137.091.99$2,590
Aug 202001,30739.982.39$3,117
Jul 202001,30738.371.83$2,385
Jun 202001,81234.901.69$3,063
May 202001,46016.921.81$2,650
Apr 202002,02714.751.80$3,657
Mar 202001,94330.341.86$3,607
Feb 202001,92349.881.98$3,809
Jan 202001,83557.252.09$3,844
Dec 201901,90959.012.30$4,399
Nov 201901,66355.302.75$4,574
Oct 2019081953.472.42$1,981
Sep 201901,62755.052.66$4,323
Aug 20191502,43453.112.30$13,575
Jul 201902,22656.272.46$5,476
Jun 201901,83552.782.49$4,571
May 201901,31358.482.74$3,598
Apr 201901,30762.632.75$3,595
Mar 201902,50456.803.06$7,668
Feb 201901,71350.852.79$4,783
Jan 20191621,85046.033.23$13,429
Dec 201802,00246.594.19$8,379
Nov 201801,68052.934.24$7,119
Oct 201802,02661.443.40$6,885
Sep 201801,75159.543.11$5,442
Aug 201801,87159.403.07$5,738
Jul 201801,74965.142.93$5,128
Jun 201801,92060.183.08$5,908
May 201802,23965.382.90$6,495
Apr 201802,05463.842.90$5,958
Mar 20181681,86261.222.79$15,474
Feb 201801,63661.782.77$4,525
Jan 201802,00162.874.01$8,023
Dec 201701,86157.272.92$5,437
Nov 201701,92555.423.12$6,003
Oct 201702,07349.292.98$6,185
Sep 2017912,30947.523.09$11,453
Aug 201701,84845.373.00$5,552
Jul 201701,87143.873.09$5,776
Jun 201701,97242.493.09$6,088
May 201702,23445.373.26$7,290
Apr 201701,87247.933.21$6,012
Mar 201702,02746.772.98$6,048
Feb 201701,91150.452.95$5,642
Jan 201702,37149.413.42$8,106
Dec 201602,17248.763.72$8,086
Nov 201602,59342.492.64$6,857
Oct 201602,50846.193.09$7,750
Sep 201602,67441.553.10$8,291
Aug 20161022,13541.442.92$10,470
Jul 201602,13541.622.92$6,243
Jun 201602,12645.352.69$5,710
May 2016892,59242.521.99$8,945
Apr 201602,02236.561.99$4,026
Mar 201602,19933.011.79$3,945
Feb 201601,35126.472.06$2,788
Jan 201601,97327.352.36$4,665
Dec 201502,28232.362.00$4,567
Nov 201502,25138.792.17$4,879
Oct 201502,24743.552.43$5,453
Sep 201502,12842.992.76$5,870
Aug 201501,90840.162.87$5,481
Jul 201501,22348.152.95$3,602
Jun 201501,96556.152.88$5,665
May 201501,97655.212.96$5,840
Apr 201502,33249.822.71$6,312
Mar 201502,57742.892.93$7,563
Feb 201502,02444.662.98$6,024
Jan 201502,24543.433.10$6,961
Dec 201402,21354.693.59$7,948
Nov 201402,73270.464.25$11,616
Oct 201402,21178.303.90$8,625
Sep 201402,52786.164.05$10,223
Aug 201402,56489.394.04$10,346
Jul 2014852,67096.564.18$19,367
Jun 201402,04898.164.74$9,701
May 201401,38994.734.73$6,565
Apr 201401,49095.944.81$7,166
Mar 201401,51895.895.06$7,676
Feb 201401,26697.406.19$7,839
Jan 201401,45890.404.86$7,087
Dec 2013982,27191.824.35$18,887
Nov 2013065288.853.74$2,437
Oct 201301,52397.423.78$5,756
Sep 201301,519104.113.72$5,647
Aug 201301,418104.253.52$4,995
Jul 201301,630102.523.72$6,060
Jun 201301,58494.403.93$6,231
May 201301,64894.834.15$6,838
Apr 201301,63193.964.28$6,985
Mar 201301,51493.623.91$5,924
Feb 2013341,42691.233.42$7,979
Jan 201301,66491.603.42$5,691
Dec 2012411,51886.773.42$8,749
Nov 201201,59886.953.62$5,793
Oct 201201,59389.383.40$5,416
Sep 201201,67094.672.92$4,874
Aug 2012751,65092.662.91$11,748
Jul 201201,78185.133.02$5,380
Jun 201202,26279.822.52$5,698
May 201202,66091.612.49$6,619
Apr 201202,496101.652.00$4,984
Mar 20121252,735105.052.22$19,209
Feb 201202,696101.102.57$6,929
Jan 201203,00798.092.73$8,221
Dec 20111472,85896.873.24$23,499
Nov 201102,84395.723.31$9,414
Oct 201103,18384.983.65$11,613
Sep 201103,20283.623.99$12,763
Aug 201103,75983.404.15$15,597
Jul 201102,38094.144.52$10,751
Jun 201103,56992.904.64$16,560
May 20111664,18398.134.40$34,715
Apr 201104,792105.964.33$20,765
Mar 20111795,67296.364.06$40,262
Feb 20111803,32785.644.18$29,322
Jan 20111543,42386.504.59$29,028
Dec 2010723,27885.734.35$20,424
Nov 201002,02680.843.80$7,689
Oct 201001,57678.103.51$5,530
Sep 2010471,84872.633.98$10,768
Aug 201001,94673.684.42$8,600
Jul 201002,75972.554.74$13,068
Jun 2010531,70170.364.91$12,082
May 201001,77471.124.24$7,513
Apr 2010941,60481.694.12$14,292
Mar 20101021,81378.394.39$15,952
Feb 201001,78173.585.44$9,693
Jan 2010792,26974.365.96$19,407
Dec 2009812,77471.445.48$20,999
Nov 2009682,59374.593.75$14,800
Oct 2009662,94272.544.11$16,880
Sep 2009542,56665.543.06$11,403
Aug 200902,43067.423.22$7,821
Jul 20091031,91861.133.46$12,941
Jun 2009602,00666.163.90$11,783
May 200901,77654.743.93$6,972
Apr 2009593,58446.773.59$15,617
Mar 2009882,81042.144.06$15,114
Feb 2009901,68232.814.63$10,746
Jan 2009802,36935.865.37$15,593
Dec 200802,81837.105.98$16,844
Nov 20081361,46955.496.86$17,625
Oct 20081142,20175.246.92$23,813
Sep 20081004,112101.767.88$42,567
Aug 20081002,469114.228.48$32,367
Jul 200801,733131.0811.39$19,738
Jun 20081471,793131.3313.03$42,673
May 20081273,149123.1711.57$52,090
Apr 20081311,941110.3110.45$34,743
Mar 200803,101101.909.66$29,968
Feb 20081373,27992.538.77$41,435
Jan 20081534,30690.388.21$49,162
Dec 20071514,67488.337.30$47,467
Nov 200704,26891.677.29$31,121
Oct 20073144,48182.856.92$57,032
Sep 200704,77875.846.24$29,835
Aug 20071304,75369.066.39$39,340
Jul 200703,81770.906.39$24,383
Jun 20071395,14562.007.55$47,455
May 20071484,56358.747.85$44,496
Apr 200705,51159.617.81$43,014
Mar 20071445,55656.927.30$48,766
Feb 20071555,85755.108.22$56,662
Jan 200706,88950.306.73$46,341
Dec 20061577,64956.656.92$61,813
Nov 200605,68554.207.62$43,305
Oct 200607,67354.906.01$46,144
Sep 20061536,85560.085.04$43,722
Aug 20061406,81168.717.34$59,612
Jul 20061578,17269.376.34$62,724
Jun 200614210,89466.286.38$78,958
May 20061267,59966.016.42$57,141
Apr 20061999,19764.397.36$80,508
Mar 200611812,32656.707.08$93,995
Feb 200634412,95957.597.75$120,258
Jan 200622917,99060.598.93$174,586
Dec 200542322,51654.9413.42$325,301
Nov 200554923,52054.6910.59$279,064
Oct 20051599,30758.3413.80$137,673
Sep 200515521,84361.4512.08$273,366

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                1,582 Mcf  × $  3.05 =     $4,819

────────────────────────────────────────────────────
Month total                                   $4,819

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/214923 is the state's own key, not one this site invented.