DE SPAIN 42

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

Gas lease lease 223405District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$953 k
Feb 2006 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
244
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and 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: NO P-15 OR PLAT REQUIRED.

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 Gas112012-06-26205443
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
CondensateDisposition38 bbl$2,997
GasProduction181,234 Mcf$949,585
Total$952,582

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 27.6343, -98.9888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63432, -98.98881 · 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
11,775 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 11,775 ft.

Completions filed
Feb 2006
1 of 1 wells

1 well

42-47939259111,775 ftFeb 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 (244)

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

244 months

May 20260161106.413.05$490
Apr 2026019498.932.87$557
Mar 2026020089.753.15$630
Feb 2026019463.503.75$728
Jan 2026024259.138.00$1,936
Dec 2025027956.664.41$1,231
Nov 2025024758.593.93$970
Oct 2025024259.383.30$800
Sep 2025025662.743.08$788
Aug 2025026263.933.01$790
Jul 2025022966.743.32$759
Jun 2025024566.483.13$767
May 2025025160.553.23$811
Apr 2025024462.363.54$865
Mar 2025032767.704.27$1,396
Feb 2025028570.884.34$1,237
Jan 2025034974.324.28$1,493
Dec 2024033068.993.12$1,030
Nov 20241342469.052.20$1,830
Oct 2024035671.372.28$812
Sep 2024035969.612.36$849
Aug 2024042175.632.06$869
Jul 2024041679.932.15$893
Jun 2024041678.082.63$1,096
May 2024035578.812.20$780
Apr 2024043984.451.66$728
Mar 2024046380.301.55$715
Feb 2024043476.091.78$774
Jan 2024047273.023.30$1,557
Dec 2023049571.262.61$1,292
Nov 2023041177.892.81$1,154
Oct 2023048385.443.09$1,491
Sep 2023051189.042.74$1,398
Aug 2023051180.522.67$1,366
Jul 2023054974.852.64$1,450
Jun 2023058568.962.26$1,321
May 2023065670.622.23$1,461
Apr 2023074478.122.24$1,665
Mar 2023072172.852.39$1,725
Feb 2023064075.112.47$1,578
Jan 2023076776.533.39$2,598
Dec 2022083476.415.73$4,778
Nov 2022093385.005.65$5,268
Oct 2022081687.185.86$4,785
Sep 2022058284.888.16$4,751
Aug 2022057194.529.13$5,212
Jul 20220585101.587.54$4,412
Jun 20220619115.097.98$4,938
May 20220603109.378.43$5,085
Apr 20220578104.226.84$3,952
Mar 20220606108.885.08$3,076
Feb 2022054291.054.86$2,633
Jan 2022053781.844.54$2,437
Dec 2021053171.323.90$2,070
Nov 2021054277.435.24$2,838
Oct 2021057279.795.71$3,268
Sep 2021055369.865.35$2,959
Aug 2021052566.024.22$2,216
Jul 2021054870.783.98$2,182
Jun 2021054869.493.38$1,853
May 2021057163.483.02$1,723
Apr 2021037560.362.76$1,034
Mar 2021041761.302.72$1,133
Feb 2021039557.805.55$2,191
Jan 2021056050.412.81$1,574
Dec 2020054244.642.68$1,450
Nov 2020044638.772.71$1,207
Oct 2020040636.972.48$1,006
Sep 2020034637.091.99$689
Aug 2020034839.982.39$830
Jul 2020034838.371.83$635
Jun 2020041934.901.69$708
May 2020036016.921.81$653
Apr 2020049014.751.80$884
Mar 2020048430.341.86$898
Feb 2020047649.881.98$943
Jan 2020039157.252.09$819
Dec 2019058059.012.30$1,337
Nov 2019040755.302.75$1,120
Oct 2019042153.472.42$1,018
Sep 2019031855.052.66$845
Aug 2019024953.112.30$574
Jul 2019017856.272.46$438
Jun 2019044852.782.49$1,116
May 2019049858.482.74$1,365
Apr 2019049662.632.75$1,364
Mar 2019068756.803.06$2,104
Feb 2019043850.852.79$1,223
Jan 2019052746.033.23$1,701
Dec 2018048446.594.19$2,026
Nov 2018055552.934.24$2,352
Oct 2018069261.443.40$2,351
Sep 2018055159.543.11$1,713
Aug 2018023259.403.07$711
Jul 2018022265.142.93$651
Jun 2018017860.183.08$548
May 2018021765.382.90$629
Apr 2018021763.842.90$629
Mar 2018058261.222.79$1,622
Feb 2018023961.782.77$661
Jan 2018026362.874.01$1,054
Dec 2017043257.272.92$1,262
Nov 2017043655.423.12$1,360
Oct 2017060949.292.98$1,817
Sep 2017044147.523.09$1,361
Aug 2017032945.373.00$988
Jul 2017063043.873.09$1,945
Jun 2017044842.493.09$1,383
May 2017053245.373.26$1,736
Apr 2017046347.933.21$1,487
Mar 2017064146.772.98$1,913
Feb 2017041050.452.95$1,211
Jan 2017041149.413.42$1,405
Dec 2016068248.763.72$2,539
Nov 2016010442.492.64$275
Oct 2016016446.193.09$507
Sep 2016013141.553.10$406
Aug 2016020641.442.92$602
Jul 2016020641.622.92$602
Jun 2016020545.352.69$551
May 201605042.521.99$100
Apr 2016017336.561.99$344
Mar 2016014633.011.79$262
Feb 2016026226.472.06$541
Jan 2016036827.352.36$870
Dec 201508732.362.00$174
Nov 2015022138.792.17$479
Oct 2015039443.552.43$956
Sep 2015026742.992.76$737
Aug 2015040640.162.87$1,166
Jul 2015013048.152.95$383
Jun 2015020556.152.88$591
May 20150055.212.96$0
Apr 2015036449.822.71$985
Mar 2015049442.892.93$1,450
Feb 2015036044.662.98$1,071
Jan 2015042843.433.10$1,327
Dec 2014034554.693.59$1,239
Nov 2014053870.464.25$2,287
Oct 2014047378.303.90$1,845
Sep 2014021186.164.05$854
Aug 2014040689.394.04$1,638
Jul 2014044696.564.18$1,864
Jun 2014058898.164.74$2,785
May 2014051794.734.73$2,444
Apr 2014041195.944.81$1,977
Mar 2014052395.895.06$2,645
Feb 2014057997.406.19$3,585
Jan 2014052490.404.86$2,547
Dec 2013061691.824.35$2,682
Nov 2013058088.853.74$2,168
Oct 2013033597.423.78$1,266
Sep 20130683104.113.72$2,539
Aug 201301,013104.253.52$3,568
Jul 201301,109102.523.72$4,123
Jun 2013085994.403.93$3,379
May 2013085694.834.15$3,552
Apr 2013067093.964.28$2,869
Mar 201301,22493.623.91$4,789
Feb 2013020891.233.42$711
Jan 2013012191.603.42$414
Dec 2012020886.773.42$711
Nov 2012059886.953.62$2,168
Oct 2012055889.383.40$1,897
Sep 2012032194.672.92$937
Aug 2012038792.662.91$1,125
Jul 2012030385.133.02$915
Jun 2012042579.822.52$1,071
May 2012046391.612.49$1,152
Apr 20120384101.652.00$767
Mar 20120468105.052.22$1,040
Feb 20120501101.102.57$1,288
Jan 2012056098.092.73$1,531
Dec 2011048396.873.24$1,565
Nov 2011051595.723.31$1,705
Oct 2011071384.983.65$2,601
Sep 2011056083.623.99$2,232
Aug 20111947583.404.15$3,556
Jul 2011043294.144.52$1,951
Jun 2011038892.904.64$1,800
May 2011040798.134.40$1,793
Apr 20110235105.964.33$1,018
Mar 2011071096.364.06$2,881
Feb 2011048685.644.18$2,031
Jan 2011062986.504.59$2,886
Dec 2010657685.734.35$3,019
Nov 201001,17980.843.80$4,475
Oct 2010096078.103.51$3,369
Sep 201001,32472.633.98$5,269
Aug 201001,06773.684.42$4,715
Jul 201001,33072.554.74$6,300
Jun 201001,22870.364.91$6,030
May 201001,17071.124.24$4,955
Apr 201001,14681.694.12$4,725
Mar 201001,12278.394.39$4,924
Feb 201001,24873.585.44$6,792
Jan 201001,24274.365.96$7,407
Dec 200901,40371.445.48$7,694
Nov 200901,59474.593.75$5,980
Oct 200901,32772.544.11$5,454
Sep 200901,42265.543.06$4,358
Aug 200901,34467.423.22$4,326
Jul 200901,46661.133.46$5,079
Jun 200901,43166.163.90$5,574
May 200901,62054.743.93$6,360
Apr 2009098346.773.59$3,527
Mar 200901,57142.144.06$6,377
Feb 200901,68932.814.63$7,825
Jan 200901,48435.865.37$7,971
Dec 2008071537.105.98$4,274
Nov 200801,48855.496.86$10,208
Oct 200801,14675.246.92$7,933
Sep 200802,138101.767.88$16,841
Aug 200801,854114.228.48$15,728
Jul 200801,446131.0811.39$16,469
Jun 200801,781131.3313.03$23,211
May 200802,139123.1711.57$24,757
Apr 200801,642110.3110.45$17,167
Mar 200801,156101.909.66$11,172
Feb 2008099692.538.77$8,736
Jan 200801,70290.388.21$13,966
Dec 200701,38288.337.30$10,091
Nov 200702,12191.677.29$15,466
Oct 200702,41482.856.92$16,710
Sep 200701,48075.846.24$9,241
Aug 200701,19069.066.39$7,602
Jul 200701,60470.906.39$10,246
Jun 200701,21662.007.55$9,179
May 200701,39458.747.85$10,938
Apr 200701,13259.617.81$8,835
Mar 200701,70056.927.30$12,413
Feb 200701,10055.108.22$9,038
Jan 200701,39650.306.73$9,391
Dec 200601,17056.656.92$8,095
Nov 2006095854.207.62$7,298
Oct 200601,26954.906.01$7,632
Sep 200602,29160.085.04$11,540
Aug 200602,22368.717.34$16,317
Jul 200602,92269.376.34$18,534
Jun 200601,51566.286.38$9,672
May 200602,69066.016.42$17,283
Apr 200602,97364.397.36$21,883
Mar 200606,41556.707.08$45,437
Feb 200607,82857.597.75$60,676

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                  161 Mcf  × $  3.05 =       $490

────────────────────────────────────────────────────
Month total                                     $490

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/223405 is the state's own key, not one this site invented.