GARZA ET AL UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MCMORAN (8960) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231224District 04Field 598188522 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Sep 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
225
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 84 leases and 84 wells, and the rule below applies to all of them.

Discovered
1968-11-27
as the register files it
Field class
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 2003-09-22.

The Commission's schedule remark for this field reads: WELL AND 95% ACRES.THE ALLOCATION SUSPENSION REMAINS.

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 Gas112008-03-26180451
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
CondensateDisposition10,714 bbl$861,364
GasProduction639,032 Mcf$4,288,261
Total$5,149,625

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 26.7018, -98.3380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.70176, -98.33802 · 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
11,950 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 11,950 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-215336091311,950 ftSep 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 (225)

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

225 months

May 20263103106.413.05$633
Apr 202638298.932.87$532
Mar 2026030989.753.15$973
Feb 2026132063.503.75$1,264
Jan 20262059.138.00$118
Dec 2025320656.664.41$1,079
Nov 2025117858.593.93$758
Oct 2025226259.383.30$985
Sep 2025411762.743.08$611
Aug 2025026263.933.01$790
Jul 2025327466.743.32$1,109
Jun 2025215466.483.13$615
May 2025129460.553.23$1,011
Apr 2025234162.363.54$1,333
Mar 2025325267.704.27$1,279
Feb 2025217870.884.34$914
Jan 2025211474.324.28$636
Dec 20240068.993.12$0
Nov 2024131269.052.20$755
Oct 2024544471.372.28$1,370
Sep 2024252469.612.36$1,378
Aug 2024019375.632.06$398
Jul 202405079.932.15$107
Jun 202408878.082.63$232
May 2024028578.812.20$627
Apr 2024020084.451.66$332
Mar 202409180.301.55$141
Feb 202407076.091.78$125
Jan 2024116373.023.30$611
Dec 2023019571.262.61$509
Nov 2023228377.892.81$950
Oct 2023011785.443.09$361
Sep 20230089.042.74$0
Aug 2023020280.522.67$540
Jul 20230074.852.64$0
Jun 2023012868.962.26$289
May 202303470.622.23$76
Apr 2023115378.122.24$421
Mar 2023111472.852.39$346
Feb 2023115775.112.47$462
Jan 2023015476.533.39$522
Dec 2022123376.415.73$1,411
Nov 202203185.005.65$175
Oct 2022018187.185.86$1,061
Sep 20220084.888.16$0
Aug 2022016994.529.13$1,542
Jul 202200101.587.54$0
Jun 2022043115.097.98$343
May 2022099109.378.43$835
Apr 2022039104.226.84$267
Mar 2022094108.885.08$477
Feb 2022015991.054.86$773
Jan 20221818181.844.54$2,294
Dec 20210071.323.90$0
Nov 202168777.435.24$920
Oct 202102679.795.71$149
Sep 20215413569.865.35$4,495
Aug 20210666.024.22$25
Jul 202105570.783.98$219
Jun 202102869.493.38$95
May 2021156863.483.02$1,778
Apr 202101,67760.362.76$4,626
Mar 2021066661.302.72$1,809
Feb 2021024557.805.55$1,359
Jan 202108850.412.81$247
Dec 2020082944.642.68$2,218
Nov 2020081238.772.71$2,198
Oct 2020087736.972.48$2,174
Sep 2020070937.091.99$1,412
Aug 2020091439.982.39$2,180
Jul 2020075038.371.83$1,369
Jun 2020088434.901.69$1,494
May 2020085516.921.81$1,552
Apr 2020181314.751.80$1,482
Mar 2020181030.341.86$1,534
Feb 2020144149.881.98$923
Jan 2020138857.252.09$870
Dec 201912212959.012.30$7,496
Nov 2019139355.302.75$1,136
Oct 2019080153.472.42$1,937
Sep 2019017655.052.66$468
Aug 2019046153.112.30$1,062
Jul 2019049456.272.46$1,215
Jun 2019049752.782.49$1,238
May 201908858.482.74$241
Apr 2019011762.632.75$322
Mar 2019114056.803.06$485
Feb 2019055750.852.79$1,555
Jan 2019184846.033.23$2,784
Dec 2018021246.594.19$887
Nov 2018126652.934.24$1,180
Oct 201801,02761.443.40$3,490
Sep 2018941,68459.543.11$10,831
Aug 20180959.403.07$28
Jul 2018048165.142.93$1,410
Jun 2018157860.183.08$1,839
May 2018068165.382.90$1,975
Apr 2018059363.842.90$1,720
Mar 2018041061.222.79$1,143
Feb 2018035061.782.77$968
Jan 2018028562.874.01$1,143
Dec 201701057.272.92$29
Nov 2017014055.423.12$437
Oct 2017021049.292.98$627
Sep 2017030747.523.09$948
Aug 2017065245.373.00$1,959
Jul 2017041843.873.09$1,290
Jun 2017045842.493.09$1,414
May 2017029345.373.26$956
Apr 2017036047.933.21$1,156
Mar 201716373246.772.98$9,808
Feb 201705650.452.95$165
Jan 2017161849.413.42$2,162
Dec 2016194048.763.72$3,548
Nov 2016193142.492.64$2,504
Oct 201611,04346.193.09$3,269
Sep 201611,18841.553.10$3,725
Aug 201611,30641.442.92$3,861
Jul 201601,20441.622.92$3,521
Jun 20161031,65045.352.69$9,103
May 201611,63142.521.99$3,290
Apr 201611,52136.561.99$3,065
Mar 2016034133.011.79$612
Feb 2016012626.472.06$260
Jan 201602727.352.36$64
Dec 20151181832.362.00$3,855
Nov 20151738.792.17$54
Oct 201516443.552.43$199
Sep 20151242.992.76$49
Aug 201523,79740.162.87$10,987
Jul 201503,46548.152.95$10,205
Jun 2015155256.152.88$1,647
May 2015247755.212.96$1,520
Apr 2015229749.822.71$903
Mar 2015556942.892.93$1,884
Feb 201512531044.662.98$6,505
Jan 2015148743.433.10$1,553
Dec 2014150554.693.59$1,868
Nov 201411170.464.25$117
Oct 2014610378.303.90$872
Sep 2014982786.164.05$8,553
Aug 2014019389.394.04$779
Jul 201414036696.564.18$15,048
Jun 2014037298.164.74$1,762
May 2014050194.734.73$2,368
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014020997.406.19$1,294
Jan 2014174190.404.86$3,692
Dec 201301191.824.35$48
Nov 2013041488.853.74$1,548
Oct 2013040397.423.78$1,523
Sep 20130414104.113.72$1,539
Aug 20130554104.253.52$1,952
Jul 20130624102.523.72$2,320
Jun 2013068994.403.93$2,710
May 2013047494.834.15$1,967
Apr 2013036193.964.28$1,546
Mar 2013138193.623.91$1,584
Feb 2013158291.233.42$2,082
Jan 2013176691.603.42$2,711
Dec 20122111,14386.773.42$22,218
Nov 2012215586.953.62$736
Oct 2012197889.383.40$3,414
Sep 201211,00094.672.92$3,013
Aug 201211,00092.662.91$3,001
Jul 201211,02985.133.02$3,194
Jun 201211,06579.822.52$2,763
May 2012193991.612.49$2,428
Apr 2012176464101.652.00$18,817
Mar 20122573105.052.22$1,483
Feb 20121781101.102.57$2,108
Jan 2012181598.092.73$2,326
Dec 20111902,11796.873.24$25,264
Nov 201152,64195.723.31$9,224
Oct 201133,08784.983.65$11,518
Sep 20111832,76783.623.99$26,331
Aug 20111843,26483.404.15$28,889
Jul 201133,42894.144.52$15,768
Jun 20111853,50792.904.64$33,459
May 20111883,85498.134.40$35,425
Apr 201133,698105.964.33$16,342
Mar 20111823,88796.364.06$33,308
Feb 20111792,69585.644.18$26,595
Jan 20111934,14986.504.59$35,733
Dec 201074,30585.734.35$19,317
Nov 20101943,68980.843.80$29,684
Oct 20101904,93578.103.51$32,155
Sep 20101894,37972.633.98$31,153
Aug 20101915,78073.684.42$39,617
Jul 20103746,32372.554.74$57,083
Jun 20101926,75170.364.91$46,659
May 20101878,68071.124.24$50,061
Apr 20103758,60981.694.12$66,126
Mar 20103759,61978.394.39$71,611
Feb 201037011,18773.585.44$88,108
Jan 201055714,73074.365.96$129,270
Dec 200956424,60771.445.48$175,231
Nov 20092274.593.75$157
Oct 20091601,36172.544.11$17,200
Sep 200932,64265.543.06$8,294
Aug 200973,02667.423.22$10,211
Jul 200982,68261.133.46$9,781
Jun 200973,39066.163.90$13,667
May 2009113,48654.743.93$14,287
Apr 20091803,28546.773.59$20,204
Mar 2009203,58642.144.06$15,398
Feb 2009113,27432.814.63$15,529
Jan 20091964,34035.865.37$30,339
Dec 2008114,79237.105.98$29,051
Nov 20081854,98655.496.86$44,471
Oct 2008126,62775.246.92$46,775
Sep 2008106,900101.767.88$55,370
Aug 20081818,971114.228.48$96,775
Jul 20081710,632131.0811.39$123,321
Jun 20082513,865131.3313.03$183,981
May 200821919,615123.1711.57$254,004
Apr 20084223,477110.3110.45$250,082
Mar 200826034,553101.909.66$360,417
Feb 200845237,76692.538.77$373,053
Jan 200841345,80390.388.21$413,174
Dec 20071,24493,93788.337.30$795,808
Nov 200722953,26991.677.29$409,414
Oct 20071012,45682.856.92$87,049
Sep 2007119975.846.24$1,318

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             3 bbl  × $106.41 =       $319
Gas                  103 Mcf  × $  3.05 =       $314

────────────────────────────────────────────────────
Month total                                     $633

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/231224 is the state's own key, not one this site invented.