CARR

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 229574District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$603 k
Mar 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
231
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 Gas112008-03-26180273
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
CondensateDisposition488 bbl$32,708
GasProduction105,834 Mcf$570,226
Total$602,934

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 27.7266, -99.0202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72661, -99.02019 · 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
9,264 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 9,264 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-479397011479,264 ftMar 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 (231)

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

231 months

May 20260242106.413.05$737
Apr 2026023998.932.87$686
Mar 2026025389.753.15$797
Feb 2026016363.503.75$611
Jan 2026020759.138.00$1,656
Dec 2025020056.664.41$883
Nov 2025023758.593.93$931
Oct 2025024359.383.30$803
Sep 2025020762.743.08$637
Aug 2025018063.933.01$543
Jul 2025018066.743.32$597
Jun 202508366.483.13$260
May 2025015960.553.23$514
Apr 2025015662.363.54$553
Mar 2025023767.704.27$1,012
Feb 2025016570.884.34$716
Jan 2025014074.324.28$599
Dec 2024013468.993.12$418
Nov 2024011569.052.20$253
Oct 2024015971.372.28$363
Sep 2024015169.612.36$357
Aug 2024015075.632.06$310
Jul 2024017679.932.15$378
Jun 2024015578.082.63$408
May 2024012678.812.20$277
Apr 2024016584.451.66$274
Mar 2024021480.301.55$331
Feb 2024012976.091.78$230
Jan 202407273.023.30$237
Dec 202305471.262.61$141
Nov 202303977.892.81$109
Oct 202305385.443.09$164
Sep 202307789.042.74$211
Aug 202309680.522.67$257
Jul 2023015674.852.64$412
Jun 2023019668.962.26$443
May 2023022370.622.23$497
Apr 2023021278.122.24$474
Mar 2023028772.852.39$687
Feb 2023030775.112.47$757
Jan 2023039176.533.39$1,325
Dec 2022015676.415.73$894
Nov 202203285.005.65$181
Oct 2022021187.185.86$1,237
Sep 2022028084.888.16$2,286
Aug 2022035694.529.13$3,249
Jul 20220526101.587.54$3,967
Jun 20220329115.097.98$2,625
May 20220328109.378.43$2,766
Apr 20220405104.226.84$2,769
Mar 20220266108.885.08$1,350
Feb 2022025391.054.86$1,229
Jan 2022033581.844.54$1,520
Dec 2021027471.323.90$1,068
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202101663.483.02$48
Apr 202101460.362.76$39
Mar 202102561.302.72$68
Feb 202103957.805.55$216
Jan 202102350.412.81$65
Dec 202003444.642.68$91
Nov 20200738.772.71$19
Oct 202001336.972.48$32
Sep 202006637.091.99$131
Aug 2020018439.982.39$439
Jul 2020019438.371.83$354
Jun 2020018934.901.69$319
May 2020022216.921.81$403
Apr 2020033314.751.80$601
Mar 2020033530.341.86$622
Feb 2020018349.881.98$362
Jan 2020011557.252.09$241
Dec 2019012959.012.30$297
Nov 2019010055.302.75$275
Oct 2019014453.472.42$348
Sep 2019018755.052.66$497
Aug 2019019353.112.30$445
Jul 2019014256.272.46$349
Jun 2019014152.782.49$351
May 2019017058.482.74$466
Apr 2019017362.632.75$476
Mar 2019018156.803.06$554
Feb 20194217750.852.79$2,630
Jan 2019016546.033.23$533
Dec 2018016146.594.19$674
Nov 2018019052.934.24$805
Oct 2018011961.443.40$404
Sep 2018012559.543.11$389
Aug 2018014459.403.07$442
Jul 2018020665.142.93$604
Jun 201809260.183.08$283
May 2018014165.382.90$409
Apr 2018019463.842.90$563
Mar 2018016161.222.79$449
Feb 2018026961.782.77$744
Jan 2018029262.874.01$1,171
Dec 2017027557.272.92$803
Nov 2017020955.423.12$652
Oct 2017028549.292.98$850
Sep 2017026047.523.09$803
Aug 2017027645.373.00$829
Jul 2017030143.873.09$929
Jun 20178132642.493.09$4,448
May 2017027845.373.26$907
Apr 2017029747.933.21$954
Mar 2017025746.772.98$767
Feb 2017032750.452.95$966
Jan 2017033249.413.42$1,135
Dec 2016036648.763.72$1,363
Nov 2016033742.492.64$891
Oct 2016031846.193.09$983
Sep 2016029341.553.10$908
Aug 2016040141.442.92$1,173
Jul 2016026441.622.92$772
Jun 2016039545.352.69$1,061
May 2016032242.521.99$641
Apr 2016034736.561.99$691
Mar 2016036933.011.79$662
Feb 2016039326.472.06$811
Jan 20169012827.352.36$2,764
Dec 201505532.362.00$110
Nov 201503738.792.17$80
Oct 201506043.552.43$146
Sep 201507742.992.76$212
Aug 2015010040.162.87$287
Jul 2015015148.152.95$445
Jun 2015020256.152.88$582
May 2015031855.212.96$940
Apr 2015024649.822.71$666
Mar 2015023242.892.93$681
Feb 2015026044.662.98$774
Jan 2015024243.433.10$750
Dec 2014026754.693.59$959
Nov 2014014770.464.25$625
Oct 2014021178.303.90$823
Sep 201409786.164.05$392
Aug 2014050489.394.04$2,034
Jul 20140096.564.18$0
Jun 201406898.164.74$322
May 2014022194.734.73$1,045
Apr 2014021495.944.81$1,029
Mar 2014022395.895.06$1,128
Feb 2014019997.406.19$1,232
Jan 2014024190.404.86$1,171
Dec 2013017491.824.35$758
Nov 201302,28288.853.74$8,531
Oct 2013038697.423.78$1,459
Sep 20130332104.113.72$1,234
Aug 20130279104.253.52$983
Jul 20130354102.523.72$1,316
Jun 2013036694.403.93$1,440
May 2013043894.834.15$1,817
Apr 2013042193.964.28$1,803
Mar 2013040893.623.91$1,596
Feb 2013042691.233.42$1,457
Jan 2013047491.603.42$1,621
Dec 2012043886.773.42$1,498
Nov 2012049386.953.62$1,787
Oct 2012051089.383.40$1,734
Sep 2012050394.672.92$1,468
Aug 2012058492.662.91$1,698
Jul 2012028185.133.02$849
Jun 2012047379.822.52$1,192
May 2012048491.612.49$1,204
Apr 20120470101.652.00$939
Mar 20120497105.052.22$1,104
Feb 20120424101.102.57$1,090
Jan 2012050098.092.73$1,367
Dec 2011049796.873.24$1,610
Nov 2011046295.723.31$1,530
Oct 2011051984.983.65$1,894
Sep 2011048583.623.99$1,933
Aug 2011053983.404.15$2,236
Jul 2011057494.144.52$2,593
Jun 2011053692.904.64$2,487
May 2011062498.134.40$2,749
Apr 20110360105.964.33$1,560
Mar 2011045596.364.06$1,846
Feb 2011039585.644.18$1,651
Jan 2011053786.504.59$2,464
Dec 20109161785.734.35$10,484
Nov 2010054280.843.80$2,057
Oct 201001,89078.103.51$6,632
Sep 2010047372.633.98$1,882
Aug 2010060773.684.42$2,683
Jul 2010034572.554.74$1,634
Jun 2010090570.364.91$4,444
May 201001,09771.124.24$4,646
Apr 201001,50681.694.12$6,209
Mar 2010075778.394.39$3,322
Feb 2010051273.585.44$2,786
Jan 2010057274.365.96$3,411
Dec 2009076171.445.48$4,173
Nov 2009076474.593.75$2,866
Oct 2009074072.544.11$3,042
Sep 2009067765.543.06$2,075
Aug 2009051567.423.22$1,658
Jul 2009024861.133.46$859
Jun 2009057666.163.90$2,244
May 2009066854.743.93$2,622
Apr 2009078846.773.59$2,827
Mar 2009082942.144.06$3,365
Feb 2009083432.814.63$3,864
Jan 2009097135.865.37$5,215
Dec 200801,00737.105.98$6,019
Nov 200801,02455.496.86$7,025
Oct 200801,21575.246.92$8,410
Sep 20080759101.767.88$5,979
Aug 200801,193114.228.48$10,120
Jul 200801,266131.0811.39$14,419
Jun 200801,293131.3313.03$16,851
May 200801,350123.1711.57$15,625
Apr 200801,394110.3110.45$14,574
Mar 200801,498101.909.66$14,477
Feb 200801,80492.538.77$15,822
Jan 2008097690.388.21$8,009
Dec 2007093488.337.30$6,820
Nov 20071841,54991.677.29$28,162
Oct 2007080782.856.92$5,586
Sep 200701,61775.846.24$10,097
Aug 200701,54169.066.39$9,844
Jul 200701,38870.906.39$8,866
Jun 200702,59962.007.55$19,618
May 200702,22658.747.85$17,466
Apr 200703,51359.617.81$27,420
Mar 2007010,11256.927.30$73,838

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                  242 Mcf  × $  3.05 =       $737

────────────────────────────────────────────────────
Month total                                     $737

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/229574 is the state's own key, not one this site invented.