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 215498District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Sep 2005 – May 2026
Value, last 12 filed months
$34 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 Gas112006-07-26168763
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
CondensateDisposition4,826 bbl$335,767
GasProduction723,213 Mcf$4,369,010
Total$4,704,777

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 27.6162, -99.0027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61618, -99.00269 · 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
11,050 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 11,050 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-479392312211,050 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 20260314106.413.05$956
Apr 2026059898.932.87$1,716
Mar 2026066089.753.15$2,079
Feb 2026078563.503.75$2,944
Jan 2026085359.138.00$6,822
Dec 2025080856.664.41$3,566
Nov 2025076158.593.93$2,988
Oct 2025131,11159.383.30$4,444
Sep 2025094262.743.08$2,898
Aug 2025024063.933.01$724
Jul 2025061766.743.32$2,045
Jun 2025085866.483.13$2,684
May 2025089260.553.23$2,883
Apr 2025079962.363.54$2,831
Mar 2025073667.704.27$3,141
Feb 2025074670.884.34$3,238
Jan 2025072774.324.28$3,111
Dec 2024062268.993.12$1,941
Nov 20241454369.052.20$2,160
Oct 2024068871.372.28$1,570
Sep 2024080769.612.36$1,908
Aug 2024088375.632.06$1,822
Jul 2024087079.932.15$1,868
Jun 2024087078.082.63$2,292
May 2024074778.812.20$1,642
Apr 2024067384.451.66$1,117
Mar 2024091380.301.55$1,411
Feb 2024089676.091.78$1,598
Jan 202401,27373.023.30$4,198
Dec 202301,34971.262.61$3,522
Nov 202301,24177.892.81$3,484
Oct 202301,58685.443.09$4,896
Sep 202301,54789.042.74$4,231
Aug 202301,54780.522.67$4,135
Jul 202301,53674.852.64$4,058
Jun 202301,52468.962.26$3,442
May 202301,42370.622.23$3,170
Apr 2023092978.122.24$2,079
Mar 2023051972.852.39$1,242
Feb 2023051475.112.47$1,267
Jan 2023077476.533.39$2,622
Dec 2022087876.415.73$5,030
Nov 2022080985.005.65$4,568
Oct 2022070187.185.86$4,111
Sep 2022063684.888.16$5,192
Aug 2022063594.529.13$5,796
Jul 20220654101.587.54$4,933
Jun 20220705115.097.98$5,624
May 20220854109.378.43$7,202
Apr 20220965104.226.84$6,598
Mar 202201,053108.885.08$5,345
Feb 2022092391.054.86$4,485
Jan 2022097881.844.54$4,438
Dec 2021095071.323.90$3,704
Nov 202101,00377.435.24$5,253
Oct 202101,02179.795.71$5,834
Sep 2021099669.865.35$5,330
Aug 202101,00866.024.22$4,254
Jul 2021098170.783.98$3,906
Jun 2021098169.493.38$3,316
May 202101,12963.483.02$3,407
Apr 202101,46160.362.76$4,030
Mar 202101,27361.302.72$3,459
Feb 202101,31257.805.55$7,279
Jan 202101,36350.412.81$3,830
Dec 202001,65444.642.68$4,425
Nov 202001,73738.772.71$4,701
Oct 202001,31736.972.48$3,264
Sep 202001,39337.091.99$2,774
Aug 202001,39939.982.39$3,337
Jul 202001,39938.371.83$2,553
Jun 2020096434.901.69$1,629
May 202011,47216.921.81$2,688
Apr 202011,51014.751.80$2,739
Mar 202001,41330.341.86$2,623
Feb 202031,40149.881.98$2,925
Jan 202001,29157.252.09$2,704
Dec 201901,49259.012.30$3,438
Nov 201901,61755.302.75$4,448
Oct 201901,97653.472.42$4,779
Sep 201901,73355.052.66$4,605
Aug 201901,26553.112.30$2,915
Jul 201901,36756.272.46$3,363
Jun 201901,66152.782.49$4,138
May 201901,85658.482.74$5,086
Apr 201901,84962.632.75$5,086
Mar 201902,05456.803.06$6,290
Feb 201901,82650.852.79$5,099
Jan 201902,25246.033.23$7,270
Dec 201802,27546.594.19$9,522
Nov 201802,18352.934.24$9,250
Oct 201802,01661.443.40$6,851
Sep 201801,83859.543.11$5,713
Aug 2018075559.403.07$2,315
Jul 2018070565.142.93$2,067
Jun 2018092760.183.08$2,852
May 201801,05665.382.90$3,063
Apr 201801,28563.842.90$3,728
Mar 201801,20461.222.79$3,355
Feb 2018083361.782.77$2,304
Jan 2018073662.874.01$2,951
Dec 201701,21957.272.92$3,561
Nov 201701,26455.423.12$3,942
Oct 2017099649.292.98$2,972
Sep 201701,06947.523.09$3,300
Aug 20172397245.373.00$3,964
Jul 2017221,58543.873.09$5,858
Jun 201701,24042.493.09$3,828
May 201701,49445.373.26$4,876
Apr 201701,40747.933.21$4,519
Mar 201701,31546.772.98$3,924
Feb 201701,66750.452.95$4,922
Jan 201702,15449.413.42$7,364
Dec 201602,13148.763.72$7,933
Nov 201601,84242.492.64$4,871
Oct 201602,01046.193.09$6,211
Sep 201602,10941.553.10$6,539
Aug 201601,96941.442.92$5,758
Jul 201601,96941.622.92$5,758
Jun 201601,96445.352.69$5,275
May 201601,96242.521.99$3,906
Apr 201602,02036.561.99$4,022
Mar 2016371,85733.011.79$4,553
Feb 201601,73826.472.06$3,587
Jan 201601,86327.352.36$4,405
Dec 2015431,93032.362.00$5,254
Nov 201501,87038.792.17$4,053
Oct 201501,36743.552.43$3,317
Sep 201501,41042.992.76$3,889
Aug 2015089940.162.87$2,582
Jul 2015092648.152.95$2,727
Jun 2015039156.152.88$1,127
May 2015044055.212.96$1,300
Apr 201501,06749.822.71$2,888
Mar 201501,16242.892.93$3,410
Feb 201501,44744.662.98$4,307
Jan 201501,00543.433.10$3,116
Dec 201401,36754.693.59$4,909
Nov 201401,38170.464.25$5,872
Oct 201401,30478.303.90$5,087
Sep 201401,42986.164.05$5,781
Aug 201411,59089.394.04$6,505
Jul 201401,50396.564.18$6,282
Jun 2014176498.164.74$3,717
May 201402,18294.734.73$10,313
Apr 201411,35295.944.81$6,598
Mar 201401,11095.895.06$5,613
Feb 201401,87897.406.19$11,629
Jan 2014181,75690.404.86$10,163
Dec 2013251,41391.824.35$8,448
Nov 2013311,24088.853.74$7,390
Oct 201301,20497.423.78$4,550
Sep 2013381,944104.113.72$11,183
Aug 2013511,788104.253.52$11,615
Jul 201301,901102.523.72$7,067
Jun 201371,78494.403.93$7,678
May 201301,35794.834.15$5,630
Apr 201301,55293.964.28$6,647
Mar 2013090393.623.91$3,533
Feb 201301,45091.233.42$4,959
Jan 201302,30791.603.42$7,890
Dec 201201,71586.773.42$5,866
Nov 201202,17586.953.62$7,884
Oct 201202,67589.383.40$9,094
Sep 201202,98594.672.92$8,711
Aug 201204,07592.662.91$11,851
Jul 201202,45085.133.02$7,401
Jun 2012072879.822.52$1,834
May 201201,26391.612.49$3,143
Apr 201205,113101.652.00$10,210
Mar 201204,269105.052.22$9,486
Feb 201206,631101.102.57$17,043
Jan 201203,72498.092.73$10,182
Dec 2011081896.873.24$2,650
Nov 2011067195.723.31$2,222
Oct 2011141,09884.983.65$5,196
Sep 2011171,88183.623.99$8,919
Aug 201172,12583.404.15$9,401
Jul 2011386594.144.52$4,190
Jun 201121,59792.904.64$7,596
May 2011161,77498.134.40$9,384
Apr 2011361,725105.964.33$11,289
Mar 2011362,91996.364.06$15,312
Feb 2011321,83585.644.18$10,411
Jan 2011312,97386.504.59$16,324
Dec 2010392,66285.734.35$14,917
Nov 2010233,12480.843.80$13,716
Oct 2010454,15878.103.51$18,104
Sep 2010184,10372.633.98$17,635
Aug 2010403,99473.684.42$20,598
Jul 2010353,87472.554.74$20,888
Jun 2010323,55770.364.91$19,718
May 2010174,21371.124.24$19,052
Apr 2010364,05781.694.12$19,667
Mar 2010553,65478.394.39$20,348
Feb 2010164,09373.585.44$23,453
Jan 2010273,50874.365.96$22,930
Dec 2009364,10071.445.48$25,055
Nov 2009474,20374.593.75$19,273
Oct 2009334,15772.544.11$19,480
Sep 2009544,64565.543.06$17,775
Aug 2009624,66867.423.22$19,204
Jul 2009335,12361.133.46$19,766
Jun 2009454,44166.163.90$20,275
May 2009634,04054.743.93$19,309
Apr 20091585,90646.773.59$28,577
Mar 2009904,86742.144.06$23,548
Feb 2009803,86632.814.63$20,536
Jan 2009232,61335.865.37$14,859
Dec 2008184,92137.105.98$30,081
Nov 200834,38355.496.86$30,235
Oct 2008145,29875.246.92$37,726
Sep 2008194,318101.767.88$35,947
Aug 2008515,123114.228.48$49,284
Jul 2008655,132131.0811.39$66,971
Jun 2008773,559131.3313.03$56,496
May 2008765,762123.1711.57$76,052
Apr 2008344,796110.3110.45$53,892
Mar 2008515,931101.909.66$62,515
Feb 2008554,73192.538.77$46,583
Jan 2008986,53890.388.21$62,506
Dec 2007805,85588.337.30$49,819
Nov 2007706,67691.677.29$55,096
Oct 2007685,62582.856.92$44,570
Sep 2007766,25175.846.24$44,796
Aug 2007626,89669.066.39$48,333
Jul 2007777,79170.906.39$55,228
Jun 2007516,15462.007.55$49,615
May 2007697,30758.747.85$61,386
Apr 2007976,59759.617.81$57,273
Mar 2007957,44056.927.30$59,734
Feb 20071137,97855.108.22$71,774
Jan 20071008,90850.306.73$64,953
Dec 20061329,86656.656.92$75,735
Nov 20066210,67154.207.62$84,647
Oct 20068910,60954.906.01$68,687
Sep 20069911,49360.085.04$63,840
Aug 200611518,64768.717.34$144,769
Jul 20067615,46969.376.34$103,388
Jun 20068316,11266.286.38$108,358
May 20069315,31866.016.42$104,557
Apr 2006217,94364.397.36$59,816
Mar 2006239,14356.707.08$66,063
Feb 2006598,49157.597.75$69,213
Jan 200610410,72360.598.93$102,093
Dec 200510010,81154.9413.42$150,528
Nov 20059211,65154.6910.59$128,397
Oct 200529331,50858.3413.80$451,770
Sep 200523521,18861.4512.08$270,371

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                  314 Mcf  × $  3.05 =       $956

────────────────────────────────────────────────────
Month total                                     $956

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/215498 is the state's own key, not one this site invented.