L. GARZA ESTATE

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

Gas lease lease 221360District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
May 2006 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
241
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 406 leases and 406 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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: RULE 2 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 Gas112006-12-15171782
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
CondensateDisposition5,555 bbl$368,431
GasProduction1,281,171 Mcf$7,798,779
Total$8,167,210

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 27.0489, -99.1055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.04886, -99.10551 · 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
11,500 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 11,500 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-50535506511,500 ftMay 2006

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 (241)

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

241 months

May 20260261106.413.05$795
Apr 2026015298.932.87$436
Mar 2026019789.753.15$620
Feb 2026030163.503.75$1,129
Jan 2026020259.138.00$1,616
Dec 2025028656.664.41$1,262
Nov 2025013058.593.93$510
Oct 2025051759.383.30$1,709
Sep 20250462.743.08$12
Aug 2025059463.933.01$1,791
Jul 202506366.743.32$209
Jun 202503166.483.13$97
May 2025038660.553.23$1,248
Apr 202507762.363.54$273
Mar 2025040267.704.27$1,716
Feb 2025015470.884.34$668
Jan 2025025174.324.28$1,074
Dec 2024030068.993.12$936
Nov 2024038669.052.20$849
Oct 2024032271.372.28$735
Sep 2024020669.612.36$487
Aug 2024017275.632.06$355
Jul 2024018479.932.15$395
Jun 2024027278.082.63$716
May 2024023178.812.20$508
Apr 2024020584.451.66$340
Mar 2024031280.301.55$482
Feb 2024020476.091.78$364
Jan 2024042273.023.30$1,392
Dec 2023035371.262.61$922
Nov 2023015977.892.81$446
Oct 2023023485.443.09$722
Sep 2023025989.042.74$708
Aug 2023025780.522.67$687
Jul 2023032674.852.64$861
Jun 2023023368.962.26$526
May 2023025670.622.23$570
Apr 2023027978.122.24$624
Mar 2023025772.852.39$615
Feb 2023027875.112.47$685
Jan 2023038976.533.39$1,318
Dec 2022020376.415.73$1,163
Nov 2022021685.005.65$1,220
Oct 2022023687.185.86$1,384
Sep 2022037784.888.16$3,078
Aug 2022052594.529.13$4,792
Jul 20220370101.587.54$2,791
Jun 202203115.097.98$24
May 20221338109.378.43$2,960
Apr 20220307104.226.84$2,099
Mar 20220362108.885.08$1,838
Feb 2022025891.054.86$1,254
Jan 2022032581.844.54$1,475
Dec 2021027171.323.90$1,057
Nov 2021026077.435.24$1,362
Oct 2021029379.795.71$1,674
Sep 2021029369.865.35$1,568
Aug 2021032166.024.22$1,355
Jul 2021027370.783.98$1,087
Jun 2021032169.493.38$1,085
May 2021033563.483.02$1,011
Apr 2021034860.362.76$960
Mar 2021029761.302.72$807
Feb 2021022757.805.55$1,259
Jan 2021032150.412.81$902
Dec 2020034444.642.68$920
Nov 2020036238.772.71$980
Oct 2020033436.972.48$828
Sep 2020017137.091.99$340
Aug 2020024339.982.39$580
Jul 2020030038.371.83$548
Jun 2020036334.901.69$614
May 2020021616.921.81$392
Apr 2020029714.751.80$536
Mar 2020029430.341.86$546
Feb 2020033349.881.98$660
Jan 2020023457.252.09$490
Dec 2019021059.012.30$484
Nov 2019022455.302.75$616
Oct 2019027853.472.42$672
Sep 2019034755.052.66$922
Aug 2019032353.112.30$744
Jul 2019025956.272.46$637
Jun 2019035652.782.49$887
May 2019020658.482.74$565
Apr 2019031962.632.75$877
Mar 2019040456.803.06$1,237
Feb 2019026350.852.79$734
Jan 2019028046.033.23$904
Dec 2018027346.594.19$1,143
Nov 2018026752.934.24$1,131
Oct 2018033261.443.40$1,128
Sep 2018052459.543.11$1,629
Aug 2018030259.403.07$926
Jul 2018079365.142.93$2,325
Jun 201801,77260.183.08$5,452
May 201801,54765.382.90$4,488
Apr 201801,15263.842.90$3,342
Mar 2018067061.222.79$1,867
Feb 201811,40061.782.77$3,934
Jan 201811,38262.874.01$5,604
Dec 2017093157.272.92$2,720
Nov 201701,67855.423.12$5,233
Oct 201711,85849.292.98$5,593
Sep 201701,80447.523.09$5,569
Aug 201701,43445.373.00$4,308
Jul 2017096343.873.09$2,973
Jun 201711,95442.493.09$6,075
May 201701,70345.373.26$5,558
Apr 201711,44347.933.21$4,682
Mar 201732,33246.772.98$7,098
Feb 201701,99950.452.95$5,902
Jan 201721,32649.413.42$4,632
Dec 201602,20848.763.72$8,220
Nov 201612,24642.492.64$5,982
Oct 201612,65246.193.09$8,242
Sep 201611,70141.553.10$5,316
Aug 2016049341.442.92$1,442
Jul 2016020641.622.92$602
Jun 2016038845.352.69$1,042
May 2016144242.521.99$923
Apr 2016168836.561.99$1,406
Mar 201621,72933.011.79$3,168
Feb 201602,05226.472.06$4,235
Jan 201611,56027.352.36$3,716
Dec 201522,99232.362.00$6,053
Nov 201503,33638.792.17$7,230
Oct 201513,19743.552.43$7,801
Sep 201502,95042.992.76$8,137
Aug 2015212,91440.162.87$9,214
Jul 201503,83748.152.95$11,300
Jun 201513,82156.152.88$11,072
May 201514,61655.212.96$13,698
Apr 201504,13649.822.71$11,194
Mar 2015030642.892.93$898
Feb 20152824744.662.98$1,986
Jan 2015052343.433.10$1,622
Dec 2014050554.693.59$1,814
Nov 2014048970.464.25$2,079
Oct 2014040378.303.90$1,572
Sep 2014035686.164.05$1,440
Aug 2014046589.394.04$1,876
Jul 2014068896.564.18$2,876
Jun 2014056198.164.74$2,657
May 2014074994.734.73$3,540
Apr 2014165495.944.81$3,241
Mar 2014268595.895.06$3,656
Feb 20141477497.406.19$6,156
Jan 201401,03490.404.86$5,026
Dec 2013912,63891.824.35$19,843
Nov 201324,29588.853.74$16,234
Oct 201305,37097.423.78$20,295
Sep 201305,769104.113.72$21,448
Aug 201316,930104.253.52$24,516
Jul 201307,801102.523.72$29,002
Jun 201357,91194.403.93$31,589
May 201306,33694.834.15$26,289
Apr 2013052393.964.28$2,240
Mar 2013057093.623.91$2,230
Feb 2013062191.233.42$2,124
Jan 2013068891.603.42$2,353
Dec 2012063486.773.42$2,168
Nov 2012026486.953.62$957
Oct 2012058989.383.40$2,002
Sep 2012080294.672.92$2,341
Aug 2012055392.662.91$1,608
Jul 2012074385.133.02$2,244
Jun 2012064379.822.52$1,620
May 2012076091.612.49$1,891
Apr 20120737101.652.00$1,472
Mar 201234742105.052.22$5,220
Feb 201201,006101.102.57$2,586
Jan 2012065198.092.73$1,780
Dec 2011082596.873.24$2,673
Nov 2011078595.723.31$2,599
Oct 2011085584.983.65$3,120
Sep 2011077283.623.99$3,077
Aug 2011089583.404.15$3,714
Jul 2011092394.144.52$4,169
Jun 2011094292.904.64$4,371
May 2011081998.134.40$3,608
Apr 20110925105.964.33$4,008
Mar 2011087596.364.06$3,550
Feb 2011190385.644.18$3,860
Jan 2011081186.504.59$3,722
Dec 2010090285.734.35$3,922
Nov 201011,08280.843.80$4,187
Oct 2010088178.103.51$3,091
Sep 201001,03872.633.98$4,131
Aug 201001,33373.684.42$5,891
Jul 201002,83272.554.74$13,414
Jun 201002,34170.364.91$11,495
May 20101303,73171.124.24$25,047
Apr 201003,73081.694.12$15,378
Mar 201034,86478.394.39$21,582
Feb 201004,03273.585.44$21,944
Jan 201013,78374.365.96$22,637
Dec 200903,80671.445.48$20,871
Nov 200904,59974.593.75$17,253
Oct 20091224,56172.544.11$27,597
Sep 200914,41765.543.06$13,603
Aug 200904,81967.423.22$15,510
Jul 200904,36861.133.46$15,133
Jun 200906,27266.163.90$24,429
May 200905,48254.743.93$21,521
Apr 20091776,15546.773.59$30,359
Mar 200906,96742.144.06$28,279
Feb 200904,10532.814.63$19,018
Jan 200902,19635.865.37$11,795
Dec 20081142,45637.105.98$18,909
Nov 200812,55455.496.86$17,577
Oct 200802,71175.246.92$18,765
Sep 200802,775101.767.88$21,859
Aug 200803,565114.228.48$30,242
Jul 200806,553131.0811.39$74,635
Jun 200805,838131.3313.03$76,084
May 200847,262123.1711.57$84,545
Apr 20081777,221110.3110.45$95,019
Mar 200808,103101.909.66$78,308
Feb 200808,21092.538.77$72,006
Jan 2008679,16390.388.21$81,245
Dec 200709,60888.337.30$70,157
Nov 2007010,56491.677.29$77,030
Oct 200711811,96682.856.92$92,605
Sep 2007612,29675.846.24$77,233
Aug 200718213,94869.066.39$101,668
Jul 2007015,41670.906.39$98,476
Jun 200718315,36662.007.55$127,335
May 2007018,90758.747.85$148,350
Apr 2007019,74159.617.81$154,082
Mar 200718622,91256.927.30$177,890
Feb 200718623,33955.108.22$202,002
Jan 2007029,00850.306.73$195,132
Dec 200619032,81256.656.92$237,771
Nov 200618456,66554.207.62$441,617
Oct 200618382,93854.906.01$508,819
Sep 2006367102,24060.085.04$537,053
Aug 200636756,51768.717.34$440,047
Jul 2006922139,05869.376.34$945,971
Jun 20061,102211,49166.286.38$1,423,174
May 200635762,78066.016.42$426,927

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                  261 Mcf  × $  3.05 =       $795

────────────────────────────────────────────────────
Month total                                     $795

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/221360 is the state's own key, not one this site invented.