BUSTAMANTE GAS UNIT 1

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 223756District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Dec 2006 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
234
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 Gas112007-02-16172700
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
CondensateDisposition13 bbl$1,004
GasProduction1,706,895 Mcf$9,242,244
Total$9,243,249

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 27.0053, -99.0825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.00531, -99.08247 · 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
14,450 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 14,450 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-505356521114,450 ftJan 2007

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 (234)

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

234 months

May 202601,243106.413.05$3,786
Apr 202601,20298.932.87$3,449
Mar 202601,33989.753.15$4,217
Feb 202601,29863.503.75$4,868
Jan 202601,44059.138.00$11,517
Dec 202501,46156.664.41$6,448
Nov 202501,53658.593.93$6,031
Oct 202501,75559.383.30$5,800
Sep 202501,62862.743.08$5,009
Aug 202501,91663.933.01$5,776
Jul 202502,18966.743.32$7,257
Jun 202502,37166.483.13$7,418
May 202502,91560.553.23$9,422
Apr 202503,77162.363.54$13,361
Mar 202504,55967.704.27$19,459
Feb 202506,29370.884.34$27,317
Jan 2025012,59474.324.28$53,886
Dec 202403168.993.12$97
Nov 20240069.052.20$0
Oct 202405071.372.28$114
Sep 20240069.612.36$0
Aug 202402475.632.06$50
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202405078.812.20$110
Apr 202403184.451.66$51
Mar 202403280.301.55$49
Feb 202402376.091.78$41
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202202,284115.097.98$18,220
May 202203,956109.378.43$33,361
Apr 202202,976104.226.84$20,349
Mar 202203,265108.885.08$16,574
Feb 202202,89091.054.86$14,042
Jan 202202,85181.844.54$12,937
Dec 202103,40871.323.90$13,288
Nov 202102,61977.435.24$13,715
Oct 202102,71079.795.71$15,485
Sep 202103,49369.865.35$18,691
Aug 202103,62966.024.22$15,317
Jul 202102,89770.783.98$11,536
Jun 202103,55069.493.38$12,001
May 202103,66063.483.02$11,045
Apr 202103,32760.362.76$9,177
Mar 202103,48361.302.72$9,463
Feb 202102,54257.805.55$14,103
Jan 202102,71350.412.81$7,624
Dec 202003,89944.642.68$10,432
Nov 202002,77838.772.71$7,519
Oct 202003,23936.972.48$8,028
Sep 202002,95837.091.99$5,890
Aug 202004,24839.982.39$10,132
Jul 202004,53638.371.83$8,279
Jun 202002,72534.901.69$4,606
May 202002,92216.921.81$5,303
Apr 202003,38714.751.80$6,111
Mar 202004,06930.341.86$7,553
Feb 202002,50749.881.98$4,966
Jan 202003,17057.252.09$6,640
Dec 201902,63859.012.30$6,079
Nov 201902,52155.302.75$6,935
Oct 201903,28053.472.42$7,933
Sep 201903,59355.052.66$9,548
Aug 201903,23953.112.30$7,464
Jul 201902,98156.272.46$7,333
Jun 201903,24452.782.49$8,081
May 201903,68258.482.74$10,090
Apr 201903,39762.632.75$9,344
Mar 201901,61156.803.06$4,933
Feb 201901,64450.852.79$4,590
Jan 201902,19446.033.23$7,083
Dec 201802,73946.594.19$11,464
Nov 201802,65852.934.24$11,263
Oct 201803,75861.443.40$12,770
Sep 201803,97559.543.11$12,354
Aug 201803,53259.403.07$10,831
Jul 201802,72465.142.93$7,986
Jun 201803,04560.183.08$9,369
May 201802,92165.382.90$8,473
Apr 201802,92363.842.90$8,479
Mar 201803,32361.222.79$9,261
Feb 201803,11461.782.77$8,614
Jan 201803,46562.874.01$13,892
Dec 201703,55257.272.92$10,377
Nov 201703,31655.423.12$10,340
Oct 201703,50549.292.98$10,458
Sep 201703,08247.523.09$9,515
Aug 201703,75845.373.00$11,291
Jul 201703,73043.873.09$11,516
Jun 201703,77242.493.09$11,645
May 201703,68945.373.26$12,039
Apr 201703,56447.933.21$11,446
Mar 201703,84246.772.98$11,463
Feb 201703,60450.452.95$10,641
Jan 201704,29749.413.42$14,691
Dec 201604,28748.763.72$15,960
Nov 201603,80542.492.64$10,062
Oct 201604,24146.193.09$13,106
Sep 201603,79941.553.10$11,779
Aug 201603,96641.442.92$11,598
Jul 201604,23541.622.92$12,385
Jun 201604,28545.352.69$11,509
May 201603,63742.521.99$7,241
Apr 201604,44636.561.99$8,852
Mar 201604,64833.011.79$8,339
Feb 201604,51326.472.06$9,313
Jan 201604,89127.352.36$11,564
Dec 201504,78632.362.00$9,579
Nov 201505,00738.792.17$10,852
Oct 201504,71043.552.43$11,429
Sep 201504,62942.992.76$12,769
Aug 201504,69540.162.87$13,486
Jul 201504,60048.152.95$13,547
Jun 201504,76556.152.88$13,737
May 201504,93855.212.96$14,594
Apr 201504,85849.822.71$13,149
Mar 201504,75042.892.93$13,940
Feb 201504,69344.662.98$13,967
Jan 201505,89243.433.10$18,269
Dec 201405,01954.693.59$18,025
Nov 201405,20070.464.25$22,110
Oct 201405,27578.303.90$20,578
Sep 201405,10986.164.05$20,668
Aug 201404,65589.394.04$18,783
Jul 201404,67896.564.18$19,552
Jun 201404,98898.164.74$23,628
May 201405,05094.734.73$23,869
Apr 201405,18495.944.81$24,930
Mar 201405,63895.895.06$28,510
Feb 201404,90697.406.19$30,378
Jan 201406,48590.404.86$31,522
Dec 201303,14691.824.35$13,699
Nov 201302,95188.853.74$11,032
Oct 201303,31797.423.78$12,536
Sep 201303,248104.113.72$12,075
Aug 201306,001104.253.52$21,139
Jul 201306,098102.523.72$22,671
Jun 201305,61494.403.93$22,082
May 201306,72394.834.15$27,894
Apr 201306,48393.964.28$27,764
Mar 201306,42693.623.91$25,144
Feb 201306,61991.233.42$22,636
Jan 201306,59991.603.42$22,568
Dec 201206,66386.773.42$22,789
Nov 201206,83986.953.62$24,791
Oct 201207,38089.383.40$25,090
Sep 201207,06594.672.92$20,619
Aug 201206,91492.662.91$20,107
Jul 201207,45285.133.02$22,511
Jun 201207,53879.822.52$18,989
May 201208,31891.612.49$20,698
Apr 201208,809101.652.00$17,590
Mar 201209,911105.052.22$22,023
Feb 201207,969101.102.57$20,482
Jan 201208,82598.092.73$24,128
Dec 201109,53796.873.24$30,897
Nov 201108,55295.723.31$28,318
Oct 201106,66584.983.65$24,318
Sep 201106,67083.623.99$26,585
Aug 201107,66083.404.15$31,784
Jul 201108,52794.144.52$38,519
Jun 201108,10992.904.64$37,625
May 201108,39098.134.40$36,956
Apr 201108,702105.964.33$37,708
Mar 201109,24196.364.06$37,494
Feb 201109,07685.644.18$37,938
Jan 201109,14986.504.59$41,983
Dec 2010010,02785.734.35$43,595
Nov 2010010,46680.843.80$39,722
Oct 2010010,69878.103.51$37,538
Sep 201009,41272.633.98$37,455
Aug 201009,67073.684.42$42,735
Jul 2010011,24972.554.74$53,281
Jun 2010010,83170.364.91$53,185
May 2010011,66971.124.24$49,421
Apr 2010010,46581.694.12$43,144
Mar 2010011,17978.394.39$49,061
Feb 2010010,68173.585.44$58,130
Jan 2010012,20574.365.96$72,792
Dec 2009012,74771.445.48$69,901
Nov 2009012,86274.593.75$48,252
Oct 2009012,25372.544.11$50,363
Sep 2009012,50865.543.06$38,334
Aug 2009013,99767.423.22$45,049
Jul 2009015,11761.133.46$52,373
Jun 2009014,42966.163.90$56,201
May 2009014,77154.743.93$57,987
Apr 2009015,10946.773.59$54,204
Mar 2009015,60742.144.06$63,349
Feb 2009013,59332.814.63$62,976
Jan 2009015,87135.865.37$85,243
Dec 2008016,21837.105.98$96,937
Nov 2008017,29455.496.86$118,643
Oct 2008022,05275.246.92$152,644
Sep 2008022,370101.767.88$176,211
Aug 2008019,404114.228.48$164,605
Jul 2008019,088131.0811.39$217,401
Jun 2008019,509131.3313.03$254,254
May 2008021,427123.1711.57$248,002
Apr 2008018,318110.3110.45$191,512
Mar 2008016,608101.909.66$160,501
Feb 2008017,49392.538.77$153,424
Jan 2008122,35990.388.21$183,562
Dec 2007223,94788.337.30$175,037
Nov 2007224,74491.677.29$180,609
Oct 2007127,45782.856.92$190,140
Sep 2007229,75275.846.24$185,928
Aug 2007335,26269.066.39$225,459
Jul 2007029,12270.906.39$186,030
Jun 2007030,58462.007.55$230,862
May 2007033,53258.747.85$263,101
Apr 2007038,18759.617.81$298,057
Mar 2007140,69156.927.30$297,181
Feb 2007147,02655.108.22$386,421
Jan 2007068,68150.306.73$462,007
Dec 2006057,55156.656.92$398,163

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                1,243 Mcf  × $  3.05 =     $3,786

────────────────────────────────────────────────────
Month total                                   $3,786

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/223756 is the state's own key, not one this site invented.