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 227918District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
May 2007 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
229
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 Gas112007-08-20176154
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
CondensateDisposition4 bbl$388
GasProduction1,274,033 Mcf$7,054,995
Total$7,055,383

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 26.9916, -99.1043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.99155, -99.10430 · 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
12,906 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 12,906 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-5053581513ST12,906 ftJan 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 (229)

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

229 months

May 202601,081106.413.05$3,293
Apr 202601,09198.932.87$3,131
Mar 202601,09489.753.15$3,445
Feb 2026099863.503.75$3,743
Jan 202601,12259.138.00$8,974
Dec 202501,18656.664.41$5,234
Nov 202501,22258.593.93$4,798
Oct 202501,34859.383.30$4,455
Sep 202501,28362.743.08$3,948
Aug 202501,36463.933.01$4,112
Jul 2025087066.743.32$2,884
Jun 202501,17566.483.13$3,676
May 202501,25760.553.23$4,063
Apr 202501,28462.363.54$4,549
Mar 202501,38467.704.27$5,907
Feb 202501,25470.884.34$5,443
Jan 202501,27174.324.28$5,438
Dec 202401,28668.993.12$4,014
Nov 202401,27869.052.20$2,810
Oct 202401,39271.372.28$3,176
Sep 202401,44269.612.36$3,409
Aug 202401,53575.632.06$3,168
Jul 202401,51179.932.15$3,244
Jun 202401,61778.082.63$4,259
May 202401,73978.812.20$3,823
Apr 202401,92584.451.66$3,194
Mar 202402,14580.301.55$3,314
Feb 202401,92676.091.78$3,435
Jan 202401,37773.023.30$4,541
Dec 202302,06771.262.61$5,396
Nov 202301,90777.892.81$5,354
Oct 202301,79085.443.09$5,526
Sep 202301,99989.042.74$5,467
Aug 202301,96880.522.67$5,260
Jul 202301,83374.852.64$4,842
Jun 202301,92268.962.26$4,341
May 202301,71570.622.23$3,820
Apr 202301,62878.122.24$3,643
Mar 202302,24972.852.39$5,382
Feb 202302,25675.112.47$5,563
Jan 202302,06376.533.39$6,989
Dec 202201,86276.415.73$10,668
Nov 202201,98285.005.65$11,191
Oct 202202,36787.185.86$13,880
Sep 202201,79684.888.16$14,662
Aug 202202,53194.529.13$23,101
Jul 202202,543101.587.54$19,180
Jun 202202,318115.097.98$18,491
May 202202,622109.378.43$22,111
Apr 202202,647104.226.84$18,099
Mar 202202,974108.885.08$15,097
Feb 202202,67091.054.86$12,973
Jan 202203,53981.844.54$16,059
Dec 202104,10671.323.90$16,010
Nov 202105,08777.435.24$26,640
Oct 202106,07479.795.71$34,706
Sep 202108,00469.865.35$42,829
Aug 202105,12066.024.22$21,609
Jul 202106870.783.98$271
Jun 202108669.493.38$291
May 2021012963.483.02$389
Apr 2021010260.362.76$281
Mar 2021013361.302.72$361
Feb 2021010757.805.55$594
Jan 2021013350.412.81$374
Dec 2020013144.642.68$350
Nov 2020023338.772.71$631
Oct 2020038436.972.48$952
Sep 2020010837.091.99$215
Aug 2020024139.982.39$575
Jul 2020038738.371.83$706
Jun 2020013534.901.69$228
May 2020038916.921.81$706
Apr 2020047414.751.80$855
Mar 2020070530.341.86$1,309
Feb 2020026349.881.98$521
Jan 2020031057.252.09$649
Dec 2019044759.012.30$1,030
Nov 2019025455.302.75$699
Oct 2019037653.472.42$909
Sep 2019030655.052.66$813
Aug 201901,78553.112.30$4,113
Jul 201902,25856.272.46$5,555
Jun 201902,41252.782.49$6,009
May 201902,59058.482.74$7,097
Apr 201903,12162.632.75$8,585
Mar 201908956.803.06$273
Feb 2019090350.852.79$2,521
Jan 201901,70646.033.23$5,507
Dec 201801,87146.594.19$7,831
Nov 201802,07752.934.24$8,801
Oct 201802,02361.443.40$6,874
Sep 201801,97659.543.11$6,141
Aug 201802,10259.403.07$6,446
Jul 201802,45165.142.93$7,186
Jun 201802,26460.183.08$6,966
May 201802,28865.382.90$6,637
Apr 201802,30263.842.90$6,678
Mar 201802,31761.222.79$6,457
Feb 201802,08161.782.77$5,756
Jan 201802,13862.874.01$8,572
Dec 201702,68957.272.92$7,856
Nov 201702,28155.423.12$7,113
Oct 201702,58049.292.98$7,698
Sep 201702,82647.523.09$8,725
Aug 201702,49945.373.00$7,508
Jul 201702,71843.873.09$8,391
Jun 201702,63442.493.09$8,132
May 201702,13945.373.26$6,980
Apr 201702,77847.933.21$8,922
Mar 201702,60046.772.98$7,758
Feb 201702,14450.452.95$6,330
Jan 201702,58249.413.42$8,827
Dec 201602,55348.763.72$9,504
Nov 201603,01142.492.64$7,962
Oct 201603,27046.193.09$10,105
Sep 201602,05341.553.10$6,366
Aug 201603,33541.442.92$9,753
Jul 201603,02741.622.92$8,852
Jun 201602,85945.352.69$7,679
May 201603,03942.521.99$6,051
Apr 201603,22636.561.99$6,423
Mar 201603,61733.011.79$6,489
Feb 201602,65826.472.06$5,485
Jan 201603,07627.352.36$7,273
Dec 201503,72932.362.00$7,463
Nov 201502,92338.792.17$6,335
Oct 201503,77943.552.43$9,170
Sep 201503,28142.992.76$9,050
Aug 201503,66540.162.87$10,528
Jul 201504,26248.152.95$12,552
Jun 201503,80256.152.88$10,961
May 201504,30055.212.96$12,708
Apr 201504,01749.822.71$10,872
Mar 201504,97942.892.93$14,612
Feb 201506,08944.662.98$18,122
Jan 201507,50743.433.10$23,276
Dec 201402,86154.693.59$10,275
Nov 201403,28970.464.25$13,984
Oct 201403,42778.303.90$13,369
Sep 201403,15686.164.05$12,767
Aug 201403,48189.394.04$14,046
Jul 201405,06996.564.18$21,186
Jun 201403,48598.164.74$16,508
May 201404,19894.734.73$19,842
Apr 201403,60995.944.81$17,356
Mar 201403,94195.895.06$19,929
Feb 201403,51297.406.19$21,746
Jan 201404,19190.404.86$20,371
Dec 201303,60691.824.35$15,702
Nov 201302,17788.853.74$8,138
Oct 201306,86697.423.78$25,949
Sep 2013014,238104.113.72$52,933
Aug 2013014,843104.253.52$52,286
Jul 20130901102.523.72$3,350
Jun 2013084594.403.93$3,324
May 201301,83194.834.15$7,597
Apr 201301,71893.964.28$7,357
Mar 201301,54793.623.91$6,053
Feb 2013080991.233.42$2,767
Jan 2013075091.603.42$2,565
Dec 201201,53486.773.42$5,247
Nov 201201,03486.953.62$3,748
Oct 201201,30789.383.40$4,443
Sep 201201,66694.672.92$4,862
Aug 201201,30792.662.91$3,801
Jul 201202,09185.133.02$6,316
Jun 201201,19579.822.52$3,010
May 201202,43691.612.49$6,062
Apr 20120829101.652.00$1,655
Mar 201201,655105.052.22$3,678
Feb 201201,905101.102.57$4,896
Jan 2012095698.092.73$2,614
Dec 201102,34296.873.24$7,587
Nov 201101,84895.723.31$6,119
Oct 201105,03884.983.65$18,381
Sep 201106,74983.623.99$26,900
Aug 201103,17383.404.15$13,166
Jul 201105,57694.144.52$25,188
Jun 201105,38992.904.64$25,004
May 201106,07098.134.40$26,737
Apr 201105,785105.964.33$25,068
Mar 201106,50696.364.06$26,397
Feb 201106,06485.644.18$25,347
Jan 201106,99986.504.59$32,117
Dec 201006,34085.734.35$27,565
Nov 201007,29280.843.80$27,676
Oct 201006,65578.103.51$23,352
Sep 201007,00272.633.98$27,864
Aug 201008,79873.684.42$38,882
Jul 201009,34972.554.74$44,281
Jun 201008,54270.364.91$41,945
May 201009,28871.124.24$39,337
Apr 201008,67881.694.12$35,777
Mar 201009,72278.394.39$42,667
Feb 201009,25873.585.44$50,385
Jan 2010010,83474.365.96$64,615
Dec 2009010,13271.445.48$55,561
Nov 2009010,61074.593.75$39,803
Oct 2009011,16572.544.11$45,891
Sep 2009010,50265.543.06$32,186
Aug 2009012,20767.423.22$39,288
Jul 2009013,29261.133.46$46,050
Jun 2009013,01166.163.90$50,678
May 2009014,59154.743.93$57,281
Apr 2009015,23246.773.59$54,645
Mar 2009019,14142.144.06$77,693
Feb 2009025,80732.814.63$119,564
Jan 2009018,59435.865.37$99,868
Dec 2008020,62737.105.98$123,290
Nov 200804,19355.496.86$28,765
Oct 200809,46975.246.92$65,544
Sep 2008011,413101.767.88$89,901
Aug 2008013,362114.228.48$113,350
Jul 2008010,567131.0811.39$120,352
Jun 2008025,129131.3313.03$327,497
May 200802,775123.1711.57$32,119
Apr 2008112,796110.3110.45$133,891
Mar 2008119,236101.909.66$186,000
Feb 2008118,73892.538.77$164,436
Jan 2008022,02190.388.21$180,698
Dec 2007024,48388.337.30$178,774
Nov 2007024,14891.677.29$176,080
Oct 2007128,11882.856.92$194,715
Sep 2007028,36375.846.24$177,103
Aug 2007037,39369.066.39$238,864
Jul 2007053,74270.906.39$343,301
Jun 20070108,00262.007.55$815,248
May 2007063,33458.747.85$496,936

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                1,081 Mcf  × $  3.05 =     $3,293

────────────────────────────────────────────────────
Month total                                   $3,293

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/227918 is the state's own key, not one this site invented.