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 227514District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
228
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 Gas112007-08-20176153
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
CondensateDisposition10 bbl$834
GasProduction1,368,209 Mcf$7,462,811
Total$7,463,645

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 26.9897, -99.1016. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.98967, -99.10155 · 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
14,300 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 14,300 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-505358161514,300 ftNov 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 (228)

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

228 months

May 202601,542106.413.05$4,697
Apr 202601,51198.932.87$4,336
Mar 202601,88489.753.15$5,934
Feb 202601,39163.503.75$5,217
Jan 202601,87259.138.00$14,972
Dec 202501,67956.664.41$7,410
Nov 202501,75358.593.93$6,883
Oct 202502,19759.383.30$7,261
Sep 202502,57162.743.08$7,911
Aug 202502,21863.933.01$6,687
Jul 202501,94566.743.32$6,448
Jun 202502,23366.483.13$6,986
May 202502,24960.553.23$7,269
Apr 202502,70662.363.54$9,588
Mar 202502,64167.704.27$11,273
Feb 202502,23870.884.34$9,715
Jan 202502,33574.324.28$9,991
Dec 202402,11468.993.12$6,599
Nov 202402,25969.052.20$4,966
Oct 202402,64871.372.28$6,041
Sep 202402,05269.612.36$4,852
Aug 202402,30375.632.06$4,753
Jul 202401,91779.932.15$4,115
Jun 202402,74578.082.63$7,230
May 202402,75478.812.20$6,055
Apr 202402,61484.451.66$4,337
Mar 202402,45780.301.55$3,796
Feb 202402,12476.091.78$3,788
Jan 202402,75773.023.30$9,092
Dec 202302,68971.262.61$7,020
Nov 202302,74777.892.81$7,712
Oct 202302,57985.443.09$7,962
Sep 202303,35089.042.74$9,162
Aug 202303,48780.522.67$9,320
Jul 202303,39074.852.64$8,956
Jun 202303,10968.962.26$7,022
May 202302,91770.622.23$6,497
Apr 202303,49478.122.24$7,819
Mar 202303,29572.852.39$7,885
Feb 202302,37975.112.47$5,866
Jan 202302,84676.533.39$9,641
Dec 202203,09976.415.73$17,754
Nov 202202,94985.005.65$16,651
Oct 202202,88387.185.86$16,905
Sep 202202,80084.888.16$22,858
Aug 202203,13694.529.13$28,623
Jul 202203,547101.587.54$26,752
Jun 202203,399115.097.98$27,115
May 202203,228109.378.43$27,222
Apr 202203,050104.226.84$20,855
Mar 202203,264108.885.08$16,569
Feb 202202,68991.054.86$13,065
Jan 202203,21381.844.54$14,580
Dec 202103,60571.323.90$14,056
Nov 202102,77477.435.24$14,527
Oct 202101,71479.795.71$9,794
Sep 202102,17569.865.35$11,638
Aug 202102,33166.024.22$9,838
Jul 202102,26870.783.98$9,031
Jun 202102,41069.493.38$8,147
May 202101,97963.483.02$5,972
Apr 202102,65960.362.76$7,335
Mar 202103,50161.302.72$9,512
Feb 202102,14057.805.55$11,873
Jan 202103,52850.412.81$9,915
Dec 202002,84944.642.68$7,622
Nov 202003,03238.772.71$8,206
Oct 202003,07736.972.48$7,626
Sep 202002,84637.091.99$5,667
Aug 202002,95439.982.39$7,046
Jul 202002,94938.371.83$5,382
Jun 202003,44934.901.69$5,830
May 202005,31316.921.81$9,642
Apr 202001,85214.751.80$3,342
Mar 202002,05030.341.86$3,805
Feb 202001,88249.881.98$3,728
Jan 202001,73557.252.09$3,634
Dec 201901,74759.012.30$4,026
Nov 201901,67655.302.75$4,610
Oct 201901,78553.472.42$4,317
Sep 201901,69855.052.66$4,512
Aug 201901,88953.112.30$4,353
Jul 201902,08656.272.46$5,132
Jun 201902,04252.782.49$5,087
May 201902,12458.482.74$5,820
Apr 201901,96962.632.75$5,416
Mar 201901,42256.803.06$4,354
Feb 201901,41450.852.79$3,948
Jan 201901,60446.033.23$5,178
Dec 201801,65946.594.19$6,944
Nov 201801,75652.934.24$7,441
Oct 201801,88161.443.40$6,392
Sep 201801,94359.543.11$6,039
Aug 201802,10359.403.07$6,449
Jul 201802,12065.142.93$6,216
Jun 201802,10060.183.08$6,462
May 201802,19565.382.90$6,367
Apr 201802,04463.842.90$5,929
Mar 201802,11161.222.79$5,883
Feb 201801,88561.782.77$5,214
Jan 201802,09062.874.01$8,379
Dec 201702,12857.272.92$6,217
Nov 201702,10255.423.12$6,555
Oct 201702,22649.292.98$6,642
Sep 201702,29347.523.09$7,079
Aug 201702,23745.373.00$6,721
Jul 201702,23543.873.09$6,900
Jun 201702,10442.493.09$6,496
May 201702,15145.373.26$7,020
Apr 201702,08047.933.21$6,680
Mar 201702,19446.772.98$6,546
Feb 201702,07750.452.95$6,133
Jan 201701,91649.413.42$6,550
Dec 201601,90348.763.72$7,085
Nov 201602,24242.492.64$5,929
Oct 201601,91246.193.09$5,909
Sep 201601,83641.553.10$5,693
Aug 201601,90241.442.92$5,562
Jul 201601,98341.622.92$5,799
Jun 201601,96045.352.69$5,264
May 201601,96642.521.99$3,914
Apr 201602,03136.561.99$4,044
Mar 201602,28633.011.79$4,101
Feb 201602,36826.472.06$4,887
Jan 201603,48527.352.36$8,240
Dec 201503,26032.362.00$6,525
Nov 201503,00638.792.17$6,515
Oct 201503,69543.552.43$8,966
Sep 201503,23342.992.76$8,918
Aug 201503,57840.162.87$10,278
Jul 201503,09848.152.95$9,124
Jun 201502,96756.152.88$8,553
May 201503,02355.212.96$8,934
Apr 201502,97749.822.71$8,057
Mar 201503,05342.892.93$8,960
Feb 201502,88444.662.98$8,583
Jan 201503,34743.433.10$10,378
Dec 201403,22454.693.59$11,579
Nov 201403,68270.464.25$15,655
Oct 201403,57178.303.90$13,930
Sep 201403,42986.164.05$13,872
Aug 201403,19789.394.04$12,900
Jul 201403,14596.564.18$13,145
Jun 201403,17898.164.74$15,054
May 201403,27894.734.73$15,494
Apr 201403,25995.944.81$15,673
Mar 201403,31095.895.06$16,738
Feb 201403,17997.406.19$19,684
Jan 201404,16490.404.86$20,240
Dec 201303,75391.824.35$16,342
Nov 201303,70688.853.74$13,854
Oct 201303,76097.423.78$14,210
Sep 201303,707104.113.72$13,782
Aug 201303,774104.253.52$13,294
Jul 201303,675102.523.72$13,663
Jun 201303,69794.403.93$14,542
May 201303,75794.834.15$15,588
Apr 201303,75893.964.28$16,094
Mar 201303,91093.623.91$15,299
Feb 201303,63191.233.42$12,418
Jan 201303,92191.603.42$13,409
Dec 201203,93986.773.42$13,472
Nov 201203,92486.953.62$14,224
Oct 201203,97889.383.40$13,524
Sep 201204,05394.672.92$11,828
Aug 201204,22992.662.91$12,299
Jul 201204,26885.133.02$12,893
Jun 201204,00179.822.52$10,079
May 201204,24691.612.49$10,565
Apr 201204,310101.652.00$8,606
Mar 201204,845105.052.22$10,766
Feb 201205,081101.102.57$13,059
Jan 201204,66698.092.73$12,757
Dec 201106,23596.873.24$20,200
Nov 201105,54795.723.31$18,368
Oct 201107,13184.983.65$26,018
Sep 201107,85183.623.99$31,293
Aug 201107,17883.404.15$29,784
Jul 201108,31294.144.52$37,547
Jun 201106,67792.904.64$30,980
May 201107,59798.134.40$33,463
Apr 201106,231105.964.33$27,001
Mar 201106,65496.364.06$26,998
Feb 201105,19085.644.18$21,694
Jan 201107,88586.504.59$36,183
Dec 201008,49285.734.35$36,921
Nov 201009,30180.843.80$35,300
Oct 201008,89278.103.51$31,201
Sep 201006,11572.633.98$24,334
Aug 201008,57073.684.42$37,874
Jul 201009,05972.554.74$42,908
Jun 201009,81470.364.91$48,191
May 201009,29671.124.24$39,371
Apr 201007,02081.694.12$28,941
Mar 2010010,37578.394.39$45,532
Feb 201009,09673.585.44$49,504
Jan 201009,85074.365.96$58,746
Dec 2009012,26271.445.48$67,242
Nov 200908,26574.593.75$31,006
Oct 200909,33872.544.11$38,382
Sep 200909,34165.543.06$28,628
Aug 2009010,64767.423.22$34,267
Jul 2009012,30361.133.46$42,624
Jun 2009011,64766.163.90$45,365
May 200908,49254.743.93$33,337
Apr 200908,58546.773.59$30,799
Mar 200909,98742.144.06$40,537
Feb 2009010,20632.814.63$47,284
Jan 2009011,36135.865.37$61,020
Dec 2008012,52537.105.98$74,864
Nov 2008013,05855.496.86$89,583
Oct 2008014,70575.246.92$101,788
Sep 2008015,972101.767.88$125,813
Aug 2008015,123114.228.48$128,289
Jul 2008016,888131.0811.39$192,345
Jun 2008015,015131.3313.03$195,685
May 2008018,293123.1711.57$211,728
Apr 2008021,626110.3110.45$226,097
Mar 2008020,602101.909.66$199,099
Feb 2008022,97592.538.77$201,504
Jan 2008226,14990.388.21$214,752
Dec 2007232,62088.337.30$238,367
Nov 2007233,38491.677.29$243,609
Oct 2007128,94782.856.92$200,453
Sep 2007038,24075.846.24$238,777
Aug 2007148,13169.066.39$307,527
Jul 2007276,51770.906.39$488,928
Jun 20070112,03162.007.55$845,660

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                1,542 Mcf  × $  3.05 =     $4,697

────────────────────────────────────────────────────
Month total                                   $4,697

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/227514 is the state's own key, not one this site invented.