ARCO FEE

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 231882District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$11 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 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 Gas112009-06-29192613
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
CondensateDisposition382 bbl$29,164
GasProduction346,006 Mcf$2,080,873
Total$2,110,037

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 27.5385, -99.0066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53845, -99.00655 · 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
12,100 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 12,100 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-479397831012,100 ftJun 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 20260141106.413.05$429
Apr 2026118498.932.87$627
Mar 2026126489.753.15$921
Feb 2026028063.503.75$1,050
Jan 202615259.138.00$475
Dec 2025017056.664.41$750
Nov 2025026358.593.93$1,033
Oct 2025118559.383.30$671
Sep 2025138662.743.08$1,250
Aug 2025125863.933.01$842
Jul 2025332266.743.32$1,268
Jun 2025166566.483.13$2,147
May 2025150260.553.23$1,683
Apr 2025154062.363.54$1,976
Mar 2025129767.704.27$1,335
Feb 2025145070.884.34$2,024
Jan 2025121374.324.28$986
Dec 2024039068.993.12$1,217
Nov 2024126469.052.20$649
Oct 2024148371.372.28$1,173
Sep 2024212069.612.36$423
Aug 2024040075.632.06$825
Jul 2024144979.932.15$1,044
Jun 2024029378.082.63$772
May 2024062278.812.20$1,367
Apr 2024012584.451.66$207
Mar 2024163980.301.55$1,068
Feb 2024132276.091.78$650
Jan 2024023173.023.30$762
Dec 2023140471.262.61$1,126
Nov 2023042477.892.81$1,190
Oct 2023151585.443.09$1,675
Sep 202331,26289.042.74$3,719
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023016375.112.47$402
Jan 2023019976.533.39$674
Dec 2022015076.415.73$859
Nov 2022022285.005.65$1,253
Oct 2022016187.185.86$944
Sep 2022126584.888.16$2,248
Aug 202207994.529.13$721
Jul 20220297101.587.54$2,240
Jun 20220186115.097.98$1,484
May 20221425109.378.43$3,693
Apr 20222256104.226.84$1,959
Mar 20221368108.885.08$1,977
Feb 2022028191.054.86$1,365
Jan 2022148481.844.54$2,278
Dec 2021037671.323.90$1,466
Nov 2021137677.435.24$2,046
Oct 2021040679.795.71$2,320
Sep 2021124069.865.35$1,354
Aug 2021132366.024.22$1,429
Jul 2021037070.783.98$1,473
Jun 2021260269.493.38$2,174
May 2021056463.483.02$1,702
Apr 2021039760.362.76$1,095
Mar 2021221361.302.72$701
Feb 2021029257.805.55$1,620
Jan 2021015950.412.81$447
Dec 2020025644.642.68$685
Nov 2020118538.772.71$539
Oct 2020026236.972.48$649
Sep 2020222637.091.99$524
Aug 2020045339.982.39$1,080
Jul 2020224738.371.83$528
Jun 2020029634.901.69$500
May 2020023216.921.81$421
Apr 2020020514.751.80$370
Mar 2020240130.341.86$805
Feb 2020013749.881.98$271
Jan 2020037857.252.09$792
Dec 2019130759.012.30$766
Nov 2019270055.302.75$2,036
Oct 2019135553.472.42$912
Sep 2019155655.052.66$1,533
Aug 201901053.112.30$23
Jul 2019119356.272.46$531
Jun 2019137652.782.49$989
May 2019038658.482.74$1,058
Apr 2019139362.632.75$1,144
Mar 2019251256.803.06$1,681
Feb 20190050.852.79$0
Jan 2019028646.033.23$923
Dec 2018010946.594.19$456
Nov 2018024052.934.24$1,017
Oct 2018035861.443.40$1,217
Sep 2018044859.543.11$1,392
Aug 2018069759.403.07$2,137
Jul 2018097865.142.93$2,867
Jun 2018029460.183.08$905
May 2018049165.382.90$1,424
Apr 2018026463.842.90$766
Mar 2018069261.222.79$1,928
Feb 2018092061.782.77$2,545
Jan 2018065462.874.01$2,622
Dec 2017027857.272.92$812
Nov 2017032655.423.12$1,017
Oct 2017043749.292.98$1,304
Sep 2017035847.523.09$1,105
Aug 2017019545.373.00$586
Jul 2017036843.873.09$1,136
Jun 2017037142.493.09$1,145
May 201703345.373.26$108
Apr 20170847.933.21$26
Mar 2017029446.772.98$877
Feb 2017052250.452.95$1,541
Jan 2017052149.413.42$1,781
Dec 2016059748.763.72$2,223
Nov 2016076342.492.64$2,018
Oct 201601,12946.193.09$3,489
Sep 201601,60641.553.10$4,980
Aug 201601,64141.442.92$4,799
Jul 201602,08841.622.92$6,106
Jun 201602,32245.352.69$6,237
May 2016067742.521.99$1,348
Apr 201601,70336.561.99$3,391
Mar 201604,28033.011.79$7,678
Feb 201603,29926.472.06$6,808
Jan 2016371,51227.352.36$4,587
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201401198.164.74$52
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130388.853.74$11
Oct 20130597.423.78$19
Sep 2013017104.113.72$63
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013011993.623.91$466
Feb 2013019991.233.42$681
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120242101.652.00$483
Mar 20120531105.052.22$1,180
Feb 20120647101.102.57$1,663
Jan 2012068198.092.73$1,862
Dec 2011031096.873.24$1,004
Nov 2011040595.723.31$1,341
Oct 2011047784.983.65$1,740
Sep 2011079983.623.99$3,185
Aug 2011068383.404.15$2,834
Jul 2011064994.144.52$2,932
Jun 2011077492.904.64$3,591
May 2011087398.134.40$3,845
Apr 20110811105.964.33$3,514
Mar 2011090796.364.06$3,680
Feb 2011073485.644.18$3,068
Jan 2011081386.504.59$3,731
Dec 2010080585.734.35$3,500
Nov 201001,03580.843.80$3,928
Oct 201001,11278.103.51$3,902
Sep 2010086872.633.98$3,454
Aug 2010075773.684.42$3,345
Jul 2010045372.554.74$2,146
Jun 201002,48870.364.91$12,217
May 201002,43971.124.24$10,330
Apr 201005,28481.694.12$21,784
Mar 201006,95778.394.39$30,532
Feb 201001,51973.585.44$8,267
Jan 201001,48874.365.96$8,875
Dec 200902,61571.445.48$14,340
Nov 200902,38374.593.75$8,940
Oct 200903,23672.544.11$13,301
Sep 200903,34765.543.06$10,258
Aug 200904,25667.423.22$13,698
Jul 200902,25761.133.46$7,819
Jun 200901,11566.163.90$4,343
May 200901,52954.743.93$6,002
Apr 200901,88646.773.59$6,766
Mar 200902,15142.144.06$8,731
Feb 200902,42832.814.63$11,249
Jan 200903,13835.865.37$16,854
Dec 200802,99737.105.98$17,913
Nov 200805,22655.496.86$35,852
Oct 200804,56975.246.92$31,627
Sep 200803,654101.767.88$28,783
Aug 200804,779114.228.48$40,540
Jul 200804,846131.0811.39$55,193
Jun 200804,439131.3313.03$57,852
May 200806,069123.1711.57$70,244
Apr 200805,792110.3110.45$60,555
Mar 20081256,554101.909.66$76,076
Feb 200808,68592.538.77$76,172
Jan 200809,94590.388.21$81,606
Dec 2007013,01788.337.30$95,050
Nov 2007010,51991.677.29$76,701
Oct 2007012,97082.856.92$89,778
Sep 2007020,20675.846.24$126,170
Aug 2007031,58069.066.39$201,731
Jul 200716361,10770.906.39$401,905
Jun 200704,02262.007.55$30,360

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                  141 Mcf  × $  3.05 =       $429

────────────────────────────────────────────────────
Month total                                     $429

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/231882 is the state's own key, not one this site invented.