VERGARA, L.B. STATE 740

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

Gas lease lease 220245District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Nov 2005 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
247
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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
as the register files it
Field class
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112006-12-15171579
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
CondensateDisposition4,678 bbl$326,409
GasProduction837,767 Mcf$4,815,737
Total$5,142,147

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 27.4197, -99.1116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41965, -99.11160 · 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
11,056 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 11,056 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-47939266411,056 ftNov 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 (247)

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

247 months

May 20260976106.413.05$2,973
Apr 202601,02898.932.87$2,950
Mar 202601,00089.753.15$3,149
Feb 2026092263.503.75$3,458
Jan 2026096559.138.00$7,718
Dec 2025099456.664.41$4,387
Nov 2025095458.593.93$3,746
Oct 2025097759.383.30$3,229
Sep 202501,00062.743.08$3,077
Aug 2025095663.933.01$2,882
Jul 2025090366.743.32$2,994
Jun 2025097066.483.13$3,035
May 202501,02860.553.23$3,323
Apr 202501,00662.363.54$3,564
Mar 2025099367.704.27$4,238
Feb 2025089770.884.34$3,894
Jan 202501,04374.324.28$4,463
Dec 202401,16368.993.12$3,630
Nov 202401,14569.052.20$2,517
Oct 2024083071.372.28$1,894
Sep 2024081169.612.36$1,918
Aug 202401,01875.632.06$2,101
Jul 202401,06279.932.15$2,280
Jun 202401,05178.082.63$2,768
May 202401,14978.812.20$2,526
Apr 202401,06584.451.66$1,767
Mar 2024111,14880.301.55$2,657
Feb 202401,11476.091.78$1,987
Jan 202401,29173.023.30$4,257
Dec 202301,33271.262.61$3,477
Nov 202301,23177.892.81$3,456
Oct 202301,20285.443.09$3,711
Sep 202301,14489.042.74$3,129
Aug 202301,02880.522.67$2,748
Jul 202301,10774.852.64$2,924
Jun 202301,10568.962.26$2,496
May 2023161,18070.622.23$3,758
Apr 202301,16078.122.24$2,596
Mar 202301,36072.852.39$3,255
Feb 202301,21675.112.47$2,998
Jan 202301,65276.533.39$5,597
Dec 2022086476.415.73$4,950
Nov 202201,21585.005.65$6,860
Oct 202201,20587.185.86$7,066
Sep 202201,39584.888.16$11,388
Aug 202201,53394.529.13$13,992
Jul 202201,595101.587.54$12,030
Jun 202201,561115.097.98$12,452
May 202201,611109.378.43$13,586
Apr 202201,573104.226.84$10,756
Mar 202201,619108.885.08$8,219
Feb 202201,32891.054.86$6,453
Jan 202201,41981.844.54$6,439
Dec 202101,48071.323.90$5,771
Nov 202101,45777.435.24$7,630
Oct 202101,39379.795.71$7,959
Sep 202101,23269.865.35$6,592
Aug 202101,41566.024.22$5,972
Jul 202101,35070.783.98$5,376
Jun 202101,16469.493.38$3,935
May 202101,40563.483.02$4,240
Apr 2021691,47560.362.76$8,234
Mar 202101,52561.302.72$4,143
Feb 202101,40457.805.55$7,789
Jan 202101,55050.412.81$4,356
Dec 202001,54644.642.68$4,136
Nov 202001,52038.772.71$4,114
Oct 202001,56536.972.48$3,879
Sep 202001,53337.091.99$3,052
Aug 202001,64139.982.39$3,914
Jul 202001,54538.371.83$2,820
Jun 202001,61934.901.69$2,737
May 202001,68016.921.81$3,049
Apr 202001,64214.751.80$2,963
Mar 202001,48230.341.86$2,751
Feb 202001,59649.881.98$3,161
Jan 202001,76057.252.09$3,687
Dec 201901,69059.012.30$3,894
Nov 201901,71555.302.75$4,717
Oct 201901,77253.472.42$4,286
Sep 201901,53555.052.66$4,079
Aug 201901,33453.112.30$3,074
Jul 201901,03556.272.46$2,546
Jun 201901,06052.782.49$2,641
May 2019331,57658.482.74$6,249
Apr 201901,58262.632.75$4,352
Mar 201901,65456.803.06$5,065
Feb 201901,26250.852.79$3,524
Jan 201901,17146.033.23$3,780
Dec 201801,51946.594.19$6,358
Nov 201801,62552.934.24$6,886
Oct 201801,69361.443.40$5,753
Sep 201801,69559.543.11$5,268
Aug 201801,55059.403.07$4,753
Jul 201801,78965.142.93$5,245
Jun 201801,76660.183.08$5,434
May 201801,83465.382.90$5,320
Apr 201801,84463.842.90$5,349
Mar 201802,01661.222.79$5,618
Feb 201801,25861.782.77$3,480
Jan 2018681,36762.874.01$9,756
Dec 2017711,26757.272.92$7,768
Nov 201701,33155.423.12$4,151
Oct 201701,27449.292.98$3,801
Sep 201701,17747.523.09$3,634
Aug 201701,35145.373.00$4,059
Jul 201701,40343.873.09$4,331
Jun 201701,38142.493.09$4,264
May 201701,43245.373.26$4,673
Apr 201701,35647.933.21$4,355
Mar 201701,28346.772.98$3,828
Feb 201701,27950.452.95$3,776
Jan 201701,60349.413.42$5,480
Dec 201601,53648.763.72$5,718
Nov 2016861,50942.492.64$7,644
Oct 201601,61346.193.09$4,985
Sep 201601,59341.553.10$4,939
Aug 201601,54941.442.92$4,530
Jul 201601,54841.622.92$4,527
Jun 201601,24845.352.69$3,352
May 20161291,47242.521.99$8,416
Apr 201601,37936.561.99$2,746
Mar 2016891,52033.011.79$5,665
Feb 201601,40826.472.06$2,906
Jan 2016691,46227.352.36$5,344
Dec 201501,82132.362.00$3,645
Nov 201501,66138.792.17$3,600
Oct 201501,85843.552.43$4,509
Sep 201501,81342.992.76$5,001
Aug 201502,29140.162.87$6,581
Jul 201502,47548.152.95$7,289
Jun 2015402,49356.152.88$9,433
May 201502,54655.212.96$7,525
Apr 201502,48349.822.71$6,720
Mar 201502,46642.892.93$7,237
Feb 201502,35644.662.98$7,012
Jan 201502,50043.433.10$7,752
Dec 201402,70854.693.59$9,725
Nov 201402,73070.464.25$11,608
Oct 201402,58278.303.90$10,072
Sep 201402,72386.164.05$11,016
Aug 201402,94189.394.04$11,867
Jul 201402,75796.564.18$11,523
Jun 2014282,76798.164.74$15,855
May 201402,63194.734.73$12,436
Apr 201402,81995.944.81$13,557
Mar 201402,93395.895.06$14,832
Feb 201402,82397.406.19$17,480
Jan 201402,62690.404.86$12,764
Dec 20131743,12491.824.35$29,580
Nov 201303,04488.853.74$11,379
Oct 201303,02697.423.78$11,436
Sep 201302,629104.113.72$9,774
Aug 201303,189104.253.52$11,234
Jul 201303,229102.523.72$12,005
Jun 201303,13594.403.93$12,331
May 201303,24394.834.15$13,455
Apr 20131833,12193.964.28$30,561
Mar 201302,65093.623.91$10,369
Feb 201303,01691.233.42$10,314
Jan 201303,40391.603.42$11,638
Dec 201203,68886.773.42$12,614
Nov 201203,76186.953.62$13,633
Oct 201203,43989.383.40$11,692
Sep 201203,24394.672.92$9,464
Aug 201203,51692.662.91$10,225
Jul 2012843,50685.133.02$17,742
Jun 201203,33079.822.52$8,388
May 201203,36991.612.49$8,383
Apr 201203,247101.652.00$6,484
Mar 201203,791105.052.22$8,424
Feb 201203,647101.102.57$9,374
Jan 201203,82798.092.73$10,463
Dec 201103,73096.873.24$12,084
Nov 201103,82195.723.31$12,652
Oct 201104,03084.983.65$14,704
Sep 2011363,98083.623.99$18,874
Aug 201104,17483.404.15$17,319
Jul 201104,32294.144.52$19,524
Jun 201101,91692.904.64$8,890
May 2011912,42598.134.40$19,612
Apr 201104,068105.964.33$17,628
Mar 201104,07096.364.06$16,513
Feb 2011733,77385.644.18$22,023
Jan 201104,37686.504.59$20,081
Dec 2010844,41485.734.35$26,392
Nov 201004,20280.843.80$15,948
Oct 201004,34578.103.51$15,246
Sep 20101754,55472.633.98$30,833
Aug 201004,62073.684.42$20,417
Jul 201004,71272.554.74$22,318
Jun 201005,14070.364.91$25,239
May 20101035,51171.124.24$30,666
Apr 201005,34681.694.12$22,040
Mar 201005,80478.394.39$25,472
Feb 201005,66673.585.44$30,836
Jan 201005,47774.365.96$32,665
Dec 2009642,89671.445.48$20,453
Nov 200902,73974.593.75$10,275
Oct 200903,29472.544.11$13,539
Sep 200902,90765.543.06$8,909
Aug 2009713,73667.423.22$16,811
Jul 200903,29661.133.46$11,419
Jun 200903,91966.163.90$15,265
May 200904,01354.743.93$15,754
Apr 2009873,35946.773.59$16,119
Mar 200902,29142.144.06$9,299
Feb 200901,63532.814.63$7,575
Jan 200902,66435.865.37$14,308
Dec 200803,77637.105.98$22,570
Nov 20081675,98955.496.86$50,354
Oct 200806,36875.246.92$44,079
Sep 200806,147101.767.88$48,420
Aug 20081166,498114.228.48$68,372
Jul 200806,555131.0811.39$74,658
Jun 200806,178131.3313.03$80,516
May 20081336,374123.1711.57$90,156
Apr 200806,461110.3110.45$67,549
Mar 200806,601101.909.66$63,793
Feb 200806,43992.538.77$56,474
Jan 2008987,12790.388.21$67,339
Dec 20071147,52888.337.30$65,039
Nov 20071007,35791.677.29$62,812
Oct 20071917,64782.856.92$68,757
Sep 200707,68875.846.24$48,005
Aug 200708,31869.066.39$53,135
Jul 200708,39570.906.39$53,627
Jun 20071947,72962.007.55$70,370
May 200707,53058.747.85$59,082
Apr 200708,46459.617.81$66,063
Mar 20071959,42456.927.30$79,913
Feb 200709,14855.108.22$75,160
Jan 2007010,36950.306.73$69,751
Dec 200619510,45356.656.92$83,365
Nov 2006010,53354.207.62$80,235
Oct 200616011,29154.906.01$76,686
Sep 2006010,40660.085.04$52,417
Aug 200616710,48968.717.34$88,463
Jul 2006012,91969.376.34$81,942
Jun 200618812,04766.286.38$89,367
May 2006013,45766.016.42$86,461
Apr 200618214,47464.397.36$118,255
Mar 200616016,05656.707.08$122,795
Feb 20069915,78057.597.75$128,014
Jan 2006016,39060.598.93$146,417
Dec 200513515,08454.9413.42$209,775
Nov 200515045,68854.6910.59$491,966

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                  976 Mcf  × $  3.05 =     $2,973

────────────────────────────────────────────────────
Month total                                   $2,973

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/220245 is the state's own key, not one this site invented.