LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MUNOZ (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216583District 04Field 638365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$137 k
Dec 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1985-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: PER DOCKET #04-0255143 RULE ONE AMENDED. STANDARD 40 ACRES

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 Gas112006-10-13167387
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 bbl$584
GasProduction20,969 Mcf$136,155
Total$136,739

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 27.0000, -99.1732. 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
12,860 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 12,860 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-505353394412,860 ftSep 2008

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 (246)

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

246 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200134.901.69$2
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201902650.852.79$73
Jan 20192146.033.23$95
Dec 20180046.594.19$0
Nov 201802552.934.24$106
Oct 20180061.443.40$0
Sep 201802559.543.11$78
Aug 20181059.403.07$59
Jul 20180165.142.93$3
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20181063.842.90$64
Mar 20180161.222.79$3
Feb 201803561.782.77$97
Jan 201815662.874.01$287
Dec 20170157.272.92$3
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201701543.873.09$46
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201704950.452.95$145
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201611341.553.10$82
Aug 201601041.442.92$29
Jul 20160141.622.92$3
Jun 20160745.352.69$19
May 201602342.521.99$46
Apr 20160736.561.99$14
Mar 201601333.011.79$23
Feb 201602726.472.06$56
Jan 201609127.352.36$215
Dec 201506232.362.00$124
Nov 201502838.792.17$61
Oct 201501143.552.43$27
Sep 201501842.992.76$50
Aug 201516440.162.87$224
Jul 20150048.152.95$0
Jun 201513356.152.88$151
May 2015026955.212.96$795
Apr 201506949.822.71$187
Mar 201502942.892.93$85
Feb 201504244.662.98$125
Jan 2015017843.433.10$552
Dec 201404354.693.59$154
Nov 201401970.464.25$81
Oct 201414078.303.90$234
Sep 2014013786.164.05$554
Aug 20141389.394.04$102
Jul 20140196.564.18$4
Jun 201408398.164.74$393
May 201406394.734.73$298
Apr 2014014795.944.81$707
Mar 2014017995.895.06$905
Feb 2014018897.406.19$1,164
Jan 201409690.404.86$467
Dec 2013031491.824.35$1,367
Nov 2013011088.853.74$411
Oct 2013017597.423.78$661
Sep 20130284104.113.72$1,056
Aug 2013024104.253.52$85
Jul 20130143102.523.72$532
Jun 2013030394.403.93$1,192
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013031393.623.91$1,225
Feb 201301191.233.42$38
Jan 201301391.603.42$44
Dec 20120586.773.42$17
Nov 20120086.953.62$0
Oct 2012011889.383.40$401
Sep 2012032594.672.92$948
Aug 201207892.662.91$227
Jul 20120085.133.02$0
Jun 201204879.822.52$121
May 2012016991.612.49$421
Apr 20120223101.652.00$445
Mar 2012022105.052.22$49
Feb 2012023101.102.57$59
Jan 201205998.092.73$161
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201103184.983.65$113
Sep 201101983.623.99$76
Aug 201105683.404.15$232
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011022385.644.18$932
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201003672.554.74$171
Jun 20100070.364.91$0
May 20100271.124.24$8
Apr 201001681.694.12$66
Mar 2010018878.394.39$825
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009013967.423.22$447
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009010142.144.06$410
Feb 2009028632.814.63$1,325
Jan 2009035635.865.37$1,912
Dec 2008047137.105.98$2,815
Nov 200801,28155.496.86$8,788
Oct 200801,66275.246.92$11,504
Sep 20080554101.767.88$4,364
Aug 200802114.228.48$17
Jul 2008030131.0811.39$342
Jun 20080399131.3313.03$5,200
May 2008042123.1711.57$486
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008024392.538.77$2,131
Jan 200809390.388.21$763
Dec 2007039888.337.30$2,906
Nov 2007012391.677.29$897
Oct 2007041982.856.92$2,900
Sep 2007038975.846.24$2,429
Aug 2007049269.066.39$3,143
Jul 2007049370.906.39$3,149
Jun 20070062.007.55$0
May 20070858.747.85$63
Apr 20070059.617.81$0
Mar 2007023156.927.30$1,687
Feb 2007030755.108.22$2,522
Jan 2007015950.306.73$1,070
Dec 2006013156.656.92$906
Nov 2006032554.207.62$2,476
Oct 2006048654.906.01$2,923
Sep 2006080260.085.04$4,040
Aug 2006016768.717.34$1,226
Jul 2006036069.376.34$2,283
Jun 2006018966.286.38$1,207
May 2006010466.016.42$668
Apr 2006052364.397.36$3,850
Mar 2006063056.707.08$4,462
Feb 2006090457.597.75$7,007
Jan 200601,05960.598.93$9,460
Dec 200501,05054.9413.42$14,086

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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                    1 Mcf  × $  1.69 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/216583 is the state's own key, not one this site invented.