SERAFIN

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the JENNINGS 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 231243District 04Field 462164032 tax incentive programmesGasSaveExport
Value, all time
$2.7 M
Apr 2007 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
230
no gaps in the span
Streams
1
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 246 leases and 246 wells, and the rule below applies to all of them.

Discovered
1998-09-22
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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112008-03-26180378
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
GasProduction489,944 Mcf$2,689,332
Total$2,689,332

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 27.2003, -99.1786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.20033, -99.17855 · 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
12,500 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 12,500 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-50535800712,500 ftApr 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 (230)

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

230 months

May 2026316106.413.05$962
Apr 202627698.932.87$792
Mar 202624989.753.15$784
Feb 202621863.503.75$818
Jan 202627559.138.00$2,199
Dec 202527656.664.41$1,218
Nov 202525058.593.93$982
Oct 202523859.383.30$787
Sep 202521262.743.08$652
Aug 202522763.933.01$684
Jul 202525766.743.32$852
Jun 202514666.483.13$457
May 202521360.553.23$688
Apr 202537962.363.54$1,343
Mar 202516667.704.27$709
Feb 202514670.884.34$634
Jan 202524774.324.28$1,057
Dec 202427968.993.12$871
Nov 202422169.052.20$486
Oct 202432171.372.28$732
Sep 202420669.612.36$487
Aug 202430675.632.06$631
Jul 202422279.932.15$477
Jun 202426878.082.63$706
May 202431978.812.20$701
Apr 202426784.451.66$443
Mar 202427280.301.55$420
Feb 202417976.091.78$319
Jan 202424173.023.30$795
Dec 202321771.262.61$567
Nov 202337577.892.81$1,053
Oct 202332785.443.09$1,010
Sep 202337289.042.74$1,017
Aug 202332480.522.67$866
Jul 202338574.852.64$1,017
Jun 202329968.962.26$675
May 202327970.622.23$621
Apr 202333978.122.24$759
Mar 202342172.852.39$1,008
Feb 202343775.112.47$1,078
Jan 202339376.533.39$1,331
Dec 202240376.415.73$2,309
Nov 202245285.005.65$2,552
Oct 202244287.185.86$2,592
Sep 202243384.888.16$3,535
Aug 202244694.529.13$4,071
Jul 2022487101.587.54$3,673
Jun 2022422115.097.98$3,366
May 2022463109.378.43$3,905
Apr 2022352104.226.84$2,407
Mar 2022363108.885.08$1,843
Feb 202243091.054.86$2,089
Jan 202237581.844.54$1,702
Dec 202142271.323.90$1,645
Nov 202145777.435.24$2,393
Oct 202142279.795.71$2,411
Sep 202146369.865.35$2,477
Aug 202149266.024.22$2,077
Jul 202148470.783.98$1,927
Jun 202145969.493.38$1,552
May 202146363.483.02$1,397
Apr 202148260.362.76$1,330
Mar 202148661.302.72$1,320
Feb 202132257.805.55$1,786
Jan 202152650.412.81$1,478
Dec 202050344.642.68$1,346
Nov 202046638.772.71$1,261
Oct 202051836.972.48$1,284
Sep 202052037.091.99$1,035
Aug 202051639.982.39$1,231
Jul 202055538.371.83$1,013
Jun 202045734.901.69$772
May 202046316.921.81$840
Apr 202040914.751.80$738
Mar 202047730.341.86$885
Feb 202041949.881.98$830
Jan 202049257.252.09$1,031
Dec 201945059.012.30$1,037
Nov 201946255.302.75$1,271
Oct 201944753.472.42$1,081
Sep 201944655.052.66$1,185
Aug 201937653.112.30$866
Jul 201942356.272.46$1,041
Jun 201940952.782.49$1,019
May 201973358.482.74$2,009
Apr 201958562.632.75$1,609
Mar 201966156.803.06$2,024
Feb 201964750.852.79$1,807
Jan 201968646.033.23$2,215
Dec 201861746.594.19$2,582
Nov 201853152.934.24$2,250
Oct 201853261.443.40$1,808
Sep 201850659.543.11$1,573
Aug 201858059.403.07$1,779
Jul 201850965.142.93$1,492
Jun 201872660.183.08$2,234
May 201858965.382.90$1,709
Apr 201872163.842.90$2,091
Mar 2018061.222.79$0
Feb 201873961.782.77$2,044
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 201774442.493.09$2,297
May 201774945.373.26$2,444
Apr 201794547.933.21$3,035
Mar 20171,05346.772.98$3,142
Feb 201798450.452.95$2,905
Jan 201788249.413.42$3,015
Dec 20161,12648.763.72$4,192
Nov 20161,03742.492.64$2,742
Oct 20161,40146.193.09$4,329
Sep 20161,67341.553.10$5,187
Aug 20161,83641.442.92$5,369
Jul 20161,95541.622.92$5,717
Jun 20161,78745.352.69$4,800
May 20162,32042.521.99$4,619
Apr 201697536.561.99$1,941
Mar 20161,83133.011.79$3,285
Feb 20162,42426.472.06$5,002
Jan 20162,11727.352.36$5,005
Dec 20151,08232.362.00$2,166
Nov 20151,57038.792.17$3,403
Oct 20151,34343.552.43$3,259
Sep 20151,39642.992.76$3,851
Aug 201589340.162.87$2,565
Jul 20152,55048.152.95$7,510
Jun 201510756.152.88$308
May 20151,55255.212.96$4,587
Apr 20151,53449.822.71$4,152
Mar 20151,56742.892.93$4,599
Feb 20151,24144.662.98$3,693
Jan 20151,60443.433.10$4,973
Dec 20141,83254.693.59$6,579
Nov 20141,65670.464.25$7,041
Oct 20142,09778.303.90$8,180
Sep 20141,17986.164.05$4,770
Aug 20141,78489.394.04$7,199
Jul 20141,81996.564.18$7,603
Jun 20141,75398.164.74$8,304
May 20141,87694.734.73$8,867
Apr 20141,80695.944.81$8,685
Mar 20141,73295.895.06$8,758
Feb 20141,67397.406.19$10,359
Jan 20141,61990.404.86$7,870
Dec 20131,81991.824.35$7,921
Nov 20131,87188.853.74$6,994
Oct 20131,52797.423.78$5,771
Sep 20131,901104.113.72$7,067
Aug 20131,890104.253.52$6,658
Jul 20131,980102.523.72$7,361
Jun 20131,27394.403.93$5,007
May 20131,97194.834.15$8,178
Apr 20132,07593.964.28$8,886
Mar 20132,12993.623.91$8,331
Feb 20131,98991.233.42$6,802
Jan 20132,25191.603.42$7,698
Dec 20122,25186.773.42$7,699
Nov 20122,26486.953.62$8,207
Oct 20121,71689.383.40$5,834
Sep 20122,18894.672.92$6,385
Aug 20122,73692.662.91$7,957
Jul 20121,83685.133.02$5,546
Jun 20122,35479.822.52$5,930
May 20122,44291.612.49$6,076
Apr 20122,428101.652.00$4,848
Mar 20122,578105.052.22$5,729
Feb 20122,436101.102.57$6,261
Jan 20122,58698.092.73$7,070
Dec 20112,63396.873.24$8,530
Nov 20112,56295.723.31$8,484
Oct 20112,67984.983.65$9,774
Sep 20112,47583.623.99$9,865
Aug 20112,66383.404.15$11,050
Jul 20112,73394.144.52$12,346
Jun 20112,75192.904.64$12,764
May 20112,75098.134.40$12,113
Apr 20112,677105.964.33$11,600
Mar 20112,96296.364.06$12,018
Feb 20112,59285.644.18$10,835
Jan 20113,34786.504.59$15,359
Dec 20103,28885.734.35$14,295
Nov 20103,92780.843.80$14,904
Oct 20103,45878.103.51$12,134
Sep 20103,12772.633.98$12,444
Aug 20103,52373.684.42$15,569
Jul 20103,33672.554.74$15,801
Jun 20103,11570.364.91$15,296
May 20103,53071.124.24$14,950
Apr 20103,75981.694.12$15,497
Mar 20103,82278.394.39$16,774
Feb 20103,28173.585.44$17,856
Jan 20104,07974.365.96$24,328
Dec 20094,77271.445.48$26,168
Nov 20095,61474.593.75$21,061
Oct 20093,49372.544.11$14,357
Sep 20092,49965.543.06$7,659
Aug 20093,63067.423.22$11,683
Jul 20092,80561.133.46$9,718
Jun 20093,77966.163.90$14,719
May 20094,70354.743.93$18,463
Apr 20092,88446.773.59$10,346
Mar 20093,78742.144.06$15,371
Feb 20095,08032.814.63$23,536
Jan 20093,82335.865.37$20,533
Dec 20085,05837.105.98$30,232
Nov 20087,07955.496.86$48,564
Oct 20088,19675.246.92$56,733
Sep 20084,149101.767.88$32,682
Aug 20082,006114.228.48$17,017
Jul 20082,629131.0811.39$29,943
Jun 20083,998131.3313.03$52,104
May 20084,167123.1711.57$48,230
Apr 20085,681110.3110.45$59,394
Mar 20084,769101.909.66$46,088
Feb 20086,10892.538.77$53,571
Jan 20086,45590.388.21$52,968
Dec 20076,35288.337.30$46,382
Nov 20076,52391.677.29$47,564
Oct 20075,35382.856.92$37,053
Sep 20078,68075.846.24$54,199
Aug 200711,75069.066.39$75,058
Jul 200717,10770.906.39$109,278
Jun 200723,36362.007.55$176,354
May 200747,94658.747.85$376,198
Apr 200726,96659.617.81$210,475

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
Gas                  316 Mcf  × $  3.05 =       $962

────────────────────────────────────────────────────
Month total                                     $962

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/231243 is the state's own key, not one this site invented.