LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223448District 04Field 171305152 tax incentive programmesCondensateGasSaveExport
Value, all time
$225 k
Nov 2006 – May 2026
Value, last 12 filed months
$890
at the published price for each month
Months reported
235
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 125 leases and 125 wells, and the rule below applies to all of them.

Discovered
1981-04-09
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: ALLOCATION FORMULA EFF. 100181 PER AMENDMENT TO SWR 28 & 29

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 Gas112007-02-09172491
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 bbl$89
GasProduction36,669 Mcf$224,970
Total$225,059

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 27.0024, -99.1769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.00241, -99.17687 · 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
10,600 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 10,600 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-505356774510,600 ftMar 2009

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 (235)

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

235 months

May 2026018106.413.05$55
Apr 202602398.932.87$66
Mar 202603089.753.15$94
Feb 202602163.503.75$79
Jan 202601959.138.00$152
Dec 202503756.664.41$163
Nov 202501458.593.93$55
Oct 202501659.383.30$53
Sep 202502062.743.08$62
Aug 202501263.933.01$36
Jul 202501666.743.32$53
Jun 20250766.483.13$22
May 202501960.553.23$61
Apr 202501262.363.54$43
Mar 202504567.704.27$192
Feb 202501170.884.34$48
Jan 2025016674.324.28$710
Dec 202402168.993.12$66
Nov 20240069.052.20$0
Oct 20240871.372.28$18
Sep 202402169.612.36$50
Aug 202402275.632.06$45
Jul 202401979.932.15$41
Jun 202402978.082.63$76
May 202403078.812.20$66
Apr 202402084.451.66$33
Mar 202402080.301.55$31
Feb 202402376.091.78$41
Jan 202402073.023.30$66
Dec 202301971.262.61$50
Nov 202301177.892.81$31
Oct 20230985.443.09$28
Sep 202302089.042.74$55
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202302468.962.26$54
May 20230770.622.23$16
Apr 202309578.122.24$213
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202204076.415.73$229
Nov 20220285.005.65$11
Oct 2022011987.185.86$698
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022015101.587.54$113
Jun 2022034115.097.98$271
May 2022022109.378.43$186
Apr 2022043104.226.84$294
Mar 202200108.885.08$0
Feb 20220891.054.86$39
Jan 202204181.844.54$186
Dec 202101371.323.90$51
Nov 202102977.435.24$152
Oct 202102579.795.71$143
Sep 202101869.865.35$96
Aug 202104566.024.22$190
Jul 20210070.783.98$0
Jun 202101569.493.38$51
May 202102963.483.02$88
Apr 202107660.362.76$210
Mar 20210061.302.72$0
Feb 202107757.805.55$427
Jan 202103150.412.81$87
Dec 202004544.642.68$120
Nov 20200038.772.71$0
Oct 202007436.972.48$183
Sep 20200037.091.99$0
Aug 202001439.982.39$33
Jul 202004838.371.83$88
Jun 202006634.901.69$112
May 20200016.921.81$0
Apr 202001114.751.80$20
Mar 202003430.341.86$63
Feb 202001049.881.98$20
Jan 202004957.252.09$103
Dec 201901259.012.30$28
Nov 201901755.302.75$47
Oct 201903553.472.42$85
Sep 201901655.052.66$43
Aug 201904553.112.30$104
Jul 20190056.272.46$0
Jun 201901652.782.49$40
May 201902658.482.74$71
Apr 201904862.632.75$132
Mar 201905856.803.06$178
Feb 201901350.852.79$36
Jan 201903646.033.23$116
Dec 201803846.594.19$159
Nov 201805552.934.24$233
Oct 201803161.443.40$105
Sep 201802159.543.11$65
Aug 201802159.403.07$64
Jul 201803165.142.93$91
Jun 201805060.183.08$154
May 201803465.382.90$99
Apr 201805363.842.90$154
Mar 20180061.222.79$0
Feb 201805461.782.77$149
Jan 201806662.874.01$265
Dec 20170057.272.92$0
Nov 201701855.423.12$56
Oct 201702149.292.98$63
Sep 201702547.523.09$77
Aug 201703145.373.00$93
Jul 201705443.873.09$167
Jun 201703542.493.09$108
May 201704245.373.26$137
Apr 201706547.933.21$209
Mar 201705646.772.98$167
Feb 201705150.452.95$151
Jan 201703149.413.42$106
Dec 20160048.763.72$0
Nov 201605142.492.64$135
Oct 201609046.193.09$278
Sep 201607941.553.10$245
Aug 201602741.442.92$79
Jul 201605541.622.92$161
Jun 201609045.352.69$242
May 201602142.521.99$42
Apr 201606836.561.99$135
Mar 201605133.011.79$91
Feb 201608026.472.06$165
Jan 201607727.352.36$182
Dec 2015012532.362.00$250
Nov 2015011138.792.17$241
Oct 2015015943.552.43$386
Sep 201505842.992.76$160
Aug 2015014640.162.87$419
Jul 201507248.152.95$212
Jun 2015012656.152.88$363
May 201509655.212.96$284
Apr 2015013149.822.71$355
Mar 2015025342.892.93$742
Feb 2015014544.662.98$432
Jan 2015054743.433.10$1,696
Dec 201401954.693.59$68
Nov 2014012270.464.25$519
Oct 2014010478.303.90$406
Sep 201406086.164.05$243
Aug 201404489.394.04$178
Jul 201403096.564.18$125
Jun 201403098.164.74$142
May 20140694.734.73$28
Apr 20140395.944.81$14
Mar 20140395.895.06$15
Feb 201406397.406.19$390
Jan 201406690.404.86$321
Dec 2013012791.824.35$553
Nov 201316588.853.74$332
Oct 201301697.423.78$60
Sep 2013029104.113.72$108
Aug 2013090104.253.52$317
Jul 2013072102.523.72$268
Jun 2013012194.403.93$476
May 20130194.834.15$4
Apr 2013015993.964.28$681
Mar 201308193.623.91$317
Feb 2013013191.233.42$448
Jan 2013024191.603.42$824
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201202789.383.40$92
Sep 20120094.672.92$0
Aug 201204192.662.91$119
Jul 2012012885.133.02$387
Jun 2012016279.822.52$408
May 2012022491.612.49$557
Apr 2012033101.652.00$66
Mar 2012031105.052.22$69
Feb 2012022101.102.57$57
Jan 201204598.092.73$123
Dec 201101196.873.24$36
Nov 201106695.723.31$219
Oct 201109784.983.65$354
Sep 201106283.623.99$247
Aug 201106083.404.15$249
Jul 2011015094.144.52$678
Jun 2011010892.904.64$501
May 2011018598.134.40$815
Apr 20110175105.964.33$758
Mar 2011049896.364.06$2,021
Feb 2011016885.644.18$702
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100180.843.80$4
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201008772.554.74$412
Jun 201007670.364.91$373
May 2010022071.124.24$932
Apr 201007881.694.12$322
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200901867.423.22$58
Jul 200903061.133.46$104
Jun 200901466.163.90$55
May 200908654.743.93$338
Apr 2009023946.773.59$857
Mar 2009048942.144.06$1,985
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008063114.228.48$534
Jul 2008027131.0811.39$308
Jun 2008075131.3313.03$977
May 2008040123.1711.57$463
Apr 2008038110.3110.45$397
Mar 200800101.909.66$0
Feb 20080192.538.77$9
Jan 20080290.388.21$16
Dec 20070788.337.30$51
Nov 20070591.677.29$36
Oct 2007013382.856.92$921
Sep 200701,32675.846.24$8,280
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200707062.007.55$528
May 200701,09258.747.85$8,568
Apr 2007025759.617.81$2,006
Mar 2007067656.927.30$4,936
Feb 2007031155.108.22$2,555
Jan 200701,38050.306.73$9,283
Dec 200609,32556.656.92$64,514
Nov 2006010,72754.207.62$81,713

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                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/223448 is the state's own key, not one this site invented.