RAMIREZ

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

Gas lease lease 218456District 04Field 548663442 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Feb 2006 – May 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1963-01-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2004.

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 Gas112008-05-30182352
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
CondensateDisposition1,848 bbl$124,686
GasProduction1,384,971 Mcf$8,349,435
Total$8,474,121

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 26.7200, -99.1476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71997, -99.14756 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,800 ft
1 wells filed one
Completion to plug
13.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,800 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 13.7 years across the 1 well that filed both dates, with the middle half between 13.7 years and 13.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053542814,800 ftFeb 2006Oct 2019Yes

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 (172)

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

172 months

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 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201696046.193.09$4,434
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016441,44345.352.69$5,871
May 201603,32842.521.99$6,626
Apr 201603,50936.561.99$6,987
Mar 201604,01133.011.79$7,196
Feb 2016683,99926.472.06$10,052
Jan 201604,59827.352.36$10,871
Dec 201504,63132.362.00$9,269
Nov 201504,49338.792.17$9,738
Oct 2015634,73643.552.43$14,236
Sep 201504,71242.992.76$12,998
Aug 201504,90340.162.87$14,084
Jul 201504,86548.152.95$14,328
Jun 201504,62256.152.88$13,325
May 201505,17555.212.96$15,294
Apr 201504,74349.822.71$12,837
Mar 201504,81942.892.93$14,142
Feb 201504,70444.662.98$14,000
Jan 2015695,75243.433.10$20,831
Dec 201406,53854.693.59$23,480
Nov 201406,67370.464.25$28,373
Oct 201404,54378.303.90$17,722
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201401,00596.564.18$4,201
Jun 201405,10598.164.74$24,182
May 201404,21994.734.73$19,941
Apr 2014453,72295.944.81$22,217
Mar 201403,72595.895.06$18,837
Feb 201404,92597.406.19$30,496
Jan 201403,14090.404.86$15,263
Dec 201304,35391.824.35$18,955
Nov 201304,54088.853.74$16,972
Oct 201303,35797.423.78$12,687
Sep 201303,962104.113.72$14,730
Aug 201303,933104.253.52$13,854
Jul 201304,656102.523.72$17,310
Jun 201304,85594.403.93$19,097
May 2013735,19894.834.15$28,490
Apr 201303,52793.964.28$15,105
Mar 201304,85193.623.91$18,981
Feb 201304,44991.233.42$15,215
Jan 201305,73391.603.42$19,606
Dec 201205,42086.773.42$18,537
Nov 2012675,40686.953.62$25,422
Oct 201204,98389.383.40$16,941
Sep 201206,57794.672.92$19,194
Aug 201205,99392.662.91$17,429
Jul 2012576,58685.133.02$24,747
Jun 201206,58479.822.52$16,585
May 201207,40391.612.49$18,421
Apr 201206,780101.652.00$13,538
Mar 2012573,696105.052.22$14,201
Feb 201204,711101.102.57$12,108
Jan 201205,69898.092.73$15,579
Dec 201106,53296.873.24$21,162
Nov 2011524,33195.723.31$19,319
Oct 201104,75384.983.65$17,342
Sep 201105,04683.623.99$20,112
Aug 201106,39183.404.15$26,518
Jul 201105,62394.144.52$25,400
Jun 201107,48092.904.64$34,706
May 2011668,32298.134.40$43,133
Apr 201104,954105.964.33$21,467
Mar 201104,43596.364.06$17,994
Feb 201103,67385.644.18$15,353
Jan 201105,24486.504.59$24,064
Dec 201005,62485.734.35$24,452
Nov 201004,02280.843.80$15,265
Oct 201005,96078.103.51$20,913
Sep 201006,28872.633.98$25,023
Aug 201005,15473.684.42$22,777
Jul 201004,25772.554.74$20,163
Jun 201004,87470.364.91$23,933
May 201005,36471.124.24$22,718
Apr 201006,18181.694.12$25,482
Mar 201006,44178.394.39$28,267
Feb 201005,89073.585.44$32,056
Jan 201006,28874.365.96$37,502
Dec 200907,03871.445.48$38,595
Nov 200905,63374.593.75$21,132
Oct 200908,39972.544.11$34,522
Sep 200907,22165.543.06$22,131
Aug 200909,15467.423.22$29,462
Jul 200907,31261.133.46$25,332
Jun 200907,02966.163.90$27,378
May 200908,06254.743.93$31,649
Apr 200909,48546.773.59$34,027
Mar 2009011,30742.144.06$45,895
Feb 200907,72832.814.63$35,804
Jan 200909,90235.865.37$53,184
Dec 2008010,29437.105.98$61,529
Nov 200808,76955.496.86$60,159
Oct 2008010,29975.246.92$71,289
Sep 200807,621101.767.88$60,031
Aug 2008010,231114.228.48$86,790
Jul 200808,779131.0811.39$99,988
Jun 2008012,676131.3313.03$165,202
May 2008013,958123.1711.57$161,554
Apr 20083714,407110.3110.45$154,705
Mar 2008016,043101.909.66$155,041
Feb 2008014,29892.538.77$125,402
Jan 2008018,58690.388.21$152,512
Dec 2007018,07888.337.30$132,005
Nov 2007019,81191.677.29$144,456
Oct 2007021,41782.856.92$148,248
Sep 2007024,80575.846.24$154,886
Aug 2007026,68569.066.39$170,462
Jul 2007027,30370.906.39$174,410
Jun 20073725,27162.007.55$193,051
May 2007024,03258.747.85$188,562
Apr 2007029,81959.617.81$232,743
Mar 2007037,39256.927.30$273,035
Feb 20073638,43655.108.22$317,774
Jan 20077448,86750.306.73$332,443
Dec 20063753,15156.656.92$369,818
Nov 20063750,01554.207.62$382,994
Oct 20063748,82754.906.01$295,667
Sep 20067945,63960.085.04$234,639
Aug 200613349,38468.717.34$371,613
Jul 200619554,67069.376.34$360,286
Jun 200619444,31666.286.38$295,766
May 200619541,50366.016.42$279,529
Apr 2006032,30364.397.36$237,766
Mar 20060056.707.08$0
Feb 20060057.597.75$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.

Oct 2016 — as filed, then multipliedworked
Condensate            96 bbl  × $ 46.19 =     $4,434
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,434

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/218456 is the state's own key, not one this site invented.