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 222125District 04Field 548663442 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Aug 2006 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
159
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 Gas112008-05-30182353
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
CondensateDisposition2,320 bbl$153,695
GasProduction1,315,888 Mcf$8,081,647
Total$8,235,342

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 26.7196, -99.1417. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71959, -99.14170 · 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
4,690 ft
1 wells filed one
Completion to plug
2 months
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 4,690 ft.

Completions filed
Aug 2006
1 of 1 wells
Plug dates filed
Oct 2006
1 of 1 wells

Last completion to plug: a median of 2 months across the 1 well that filed both dates, with the middle half between 2 months and 2 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5053563124,690 ftAug 2006Oct 2006Yes

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 (159)

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

159 months

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 20180661.443.40$20
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201804065.142.93$117
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201801461.782.77$39
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 201701445.373.00$42
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201703545.373.26$114
Apr 2017022247.933.21$713
Mar 2017061946.772.98$1,847
Feb 201708050.452.95$236
Jan 2017015949.413.42$544
Dec 2016030748.763.72$1,143
Nov 2016089342.492.64$2,361
Oct 2016038546.193.09$1,190
Sep 2016056841.553.10$1,761
Aug 201601,63641.442.92$4,784
Jul 201601,29741.622.92$3,793
Jun 2016721,67245.352.69$7,756
May 201602,38742.521.99$4,753
Apr 201602,71336.561.99$5,402
Mar 201602,81733.011.79$5,054
Feb 2016492,87026.472.06$7,220
Jan 201602,78327.352.36$6,580
Dec 201503,52432.362.00$7,053
Nov 201503,53638.792.17$7,664
Oct 2015553,74343.552.43$11,478
Sep 201503,83442.992.76$10,576
Aug 201504,22140.162.87$12,125
Jul 201504,72748.152.95$13,921
Jun 201504,47556.152.88$12,901
May 201504,98555.212.96$14,733
Apr 201504,69949.822.71$12,718
Mar 201504,38842.892.93$12,878
Feb 201504,51244.662.98$13,429
Jan 2015384,88943.433.10$16,809
Dec 201402,13354.693.59$7,660
Nov 201403,07870.464.25$13,087
Oct 201401,71078.303.90$6,671
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014061296.564.18$2,558
Jun 201401,16798.164.74$5,528
May 201401,24594.734.73$5,885
Apr 2014412,59595.944.81$16,413
Mar 201404,21495.895.06$21,309
Feb 201404,57197.406.19$28,304
Jan 201403,62990.404.86$17,640
Dec 201303,23891.824.35$14,100
Nov 201302,15888.853.74$8,067
Oct 201302,96397.423.78$11,198
Sep 201304,934104.113.72$18,343
Aug 20130655104.253.52$2,307
Jul 20130344102.523.72$1,279
Jun 2013070494.403.93$2,769
May 2013592,34594.834.15$15,325
Apr 201303,09393.964.28$13,246
Mar 201303,60493.623.91$14,102
Feb 201303,55791.233.42$12,165
Jan 201305,17291.603.42$17,688
Dec 201204,88586.773.42$16,707
Nov 2012504,45386.953.62$20,489
Oct 201204,76989.383.40$16,213
Sep 201203,95294.672.92$11,534
Aug 201203,96092.662.91$11,516
Jul 2012455,20585.133.02$19,554
Jun 201204,53679.822.52$11,426
May 201205,22191.612.49$12,992
Apr 201204,553101.652.00$9,091
Mar 2012666,076105.052.22$20,435
Feb 201205,345101.102.57$13,738
Jan 201205,78998.092.73$15,828
Dec 201105,33396.873.24$17,278
Nov 2011685,69995.723.31$25,380
Oct 201105,29984.983.65$19,334
Sep 201105,31383.623.99$21,177
Aug 201106,24883.404.15$25,925
Jul 201106,11594.144.52$27,623
Jun 201105,39692.904.64$25,037
May 20111216,53898.134.40$40,672
Apr 201106,761105.964.33$29,297
Mar 201107,11496.364.06$28,864
Feb 201105,49885.644.18$22,982
Jan 201107,16286.504.59$32,865
Dec 201007,12385.734.35$30,969
Nov 201006,21780.843.80$23,596
Oct 201008,18178.103.51$28,706
Sep 201006,19872.633.98$24,665
Aug 201008,26673.684.42$36,530
Jul 201004,93972.554.74$23,394
Jun 201006,79270.364.91$33,351
May 201007,58971.124.24$32,141
Apr 201007,13581.694.12$29,415
Mar 201007,88278.394.39$34,592
Feb 201007,02673.585.44$38,238
Jan 201007,64874.365.96$45,613
Dec 200908,52671.445.48$46,754
Nov 200906,87374.593.75$25,784
Oct 2009010,52972.544.11$43,277
Sep 200908,74965.543.06$26,814
Aug 2009010,19967.423.22$32,825
Jul 200908,14861.133.46$28,229
Jun 2009010,06566.163.90$39,203
May 2009011,79554.743.93$46,304
Apr 2009012,51346.773.59$44,890
Mar 200905,53742.144.06$22,475
Feb 200909,41632.814.63$43,624
Jan 2009010,81835.865.37$58,103
Dec 200808,35437.105.98$49,933
Nov 200806,12655.496.86$42,027
Oct 2008011,48375.246.92$79,485
Sep 2008012,938101.767.88$101,914
Aug 2008013,631114.228.48$115,632
Jul 2008012,122131.0811.39$138,063
Jun 2008013,005131.3313.03$169,489
May 2008016,464123.1711.57$190,559
Apr 200816016,419110.3110.45$189,308
Mar 2008018,925101.909.66$182,893
Feb 2008016,63792.538.77$145,916
Jan 2008020,91690.388.21$171,631
Dec 2007024,03688.337.30$175,510
Nov 2007024,71191.677.29$180,185
Oct 2007026,19482.856.92$181,314
Sep 2007026,41575.846.24$164,939
Aug 2007029,44469.066.39$188,087
Jul 2007032,13370.906.39$205,264
Jun 200715931,39862.007.55$246,864
May 2007029,83658.747.85$234,102
Apr 2007036,47959.617.81$284,726
Mar 2007044,98656.927.30$328,486
Feb 200716146,16655.108.22$388,171
Jan 200732762,44650.306.73$436,513
Dec 200616267,31256.656.92$474,871
Nov 200616163,72254.207.62$494,127
Oct 200616061,05254.906.01$375,939
Sep 200630152,41060.085.04$282,084
Aug 20066529,97368.717.34$224,466

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.44 =         $0
Gas                    6 Mcf  × $  3.40 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/222125 is the state's own key, not one this site invented.