MORALES GAS UNIT

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

Gas lease lease 231974District 04Field 300842002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Sep 2007 – May 2026
Value, last 12 filed months
$8 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
2004-12-21
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 2004-12-21.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2005.

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 Gas112008-10-29186626
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
CondensateDisposition9 bbl$788
GasProduction809,920 Mcf$4,909,306
Total$4,910,093

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 26.7837, -99.1152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.78369, -99.11523 · 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
13,450 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 13,450 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-50535909213,450 ftSep 2008

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 20260108106.413.05$329
Apr 2026016498.932.87$471
Mar 2026016889.753.15$529
Feb 202608763.503.75$326
Jan 2026016359.138.00$1,304
Dec 2025028056.664.41$1,236
Nov 2025023458.593.93$919
Oct 2025015659.383.30$516
Sep 2025022362.743.08$686
Aug 2025022263.933.01$669
Jul 2025015066.743.32$497
Jun 2025019266.483.13$601
May 2025020760.553.23$669
Apr 2025019262.363.54$680
Mar 2025024667.704.27$1,050
Feb 2025055870.884.34$2,422
Jan 2025017674.324.28$753
Dec 2024023668.993.12$737
Nov 2024020469.052.20$448
Oct 2024025871.372.28$589
Sep 2024012769.612.36$300
Aug 2024015075.632.06$310
Jul 2024035279.932.15$756
Jun 20240078.082.63$0
May 2024011878.812.20$259
Apr 2024015084.451.66$249
Mar 2024011080.301.55$170
Feb 2024016576.091.78$294
Jan 2024023573.023.30$775
Dec 2023020971.262.61$546
Nov 2023023877.892.81$668
Oct 2023025585.443.09$787
Sep 2023018389.042.74$501
Aug 2023025580.522.67$682
Jul 2023018274.852.64$481
Jun 2023010468.962.26$235
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023014672.852.39$349
Feb 2023013175.112.47$323
Jan 2023011876.533.39$400
Dec 2022020776.415.73$1,186
Nov 2022038385.005.65$2,162
Oct 2022019587.185.86$1,143
Sep 2022020584.888.16$1,674
Aug 2022018794.529.13$1,707
Jul 2022066101.587.54$498
Jun 20220124115.097.98$989
May 20220125109.378.43$1,054
Apr 20220148104.226.84$1,012
Mar 20220225108.885.08$1,142
Feb 2022038591.054.86$1,871
Jan 2022014081.844.54$635
Dec 2021016371.323.90$636
Nov 2021011277.435.24$587
Oct 202107679.795.71$434
Sep 2021013069.865.35$696
Aug 202102366.024.22$97
Jul 2021015770.783.98$625
Jun 2021026669.493.38$899
May 2021014063.483.02$422
Apr 202107760.362.76$212
Mar 2021014761.302.72$399
Feb 2021016657.805.55$921
Jan 2021021950.412.81$615
Dec 2020020444.642.68$546
Nov 2020022638.772.71$612
Oct 2020029636.972.48$734
Sep 2020020437.091.99$406
Aug 2020024539.982.39$584
Jul 2020028138.371.83$513
Jun 2020040634.901.69$686
May 2020015116.921.81$274
Apr 2020030314.751.80$547
Mar 202008630.341.86$160
Feb 2020011949.881.98$236
Jan 2020018257.252.09$381
Dec 2019040959.012.30$942
Nov 2019013155.302.75$360
Oct 2019026853.472.42$648
Sep 20190055.052.66$0
Aug 2019012453.112.30$286
Jul 201908056.272.46$197
Jun 2019014752.782.49$366
May 2019028958.482.74$792
Apr 2019016562.632.75$454
Mar 2019033556.803.06$1,026
Feb 2019042450.852.79$1,184
Jan 2019023546.033.23$759
Dec 2018039046.594.19$1,632
Nov 2018053252.934.24$2,254
Oct 2018085961.443.40$2,919
Sep 2018016859.543.11$522
Aug 2018032359.403.07$991
Jul 2018020065.142.93$586
Jun 201805360.183.08$163
May 2018013265.382.90$383
Apr 2018023463.842.90$679
Mar 2018038861.222.79$1,081
Feb 2018029461.782.77$813
Jan 2018033762.874.01$1,351
Dec 20170057.272.92$0
Nov 2017062455.423.12$1,946
Oct 201709049.292.98$269
Sep 2017037147.523.09$1,145
Aug 2017047045.373.00$1,412
Jul 2017060243.873.09$1,859
Jun 2017011442.493.09$352
May 2017037345.373.26$1,217
Apr 2017034547.933.21$1,108
Mar 2017025746.772.98$767
Feb 2017044650.452.95$1,317
Jan 2017049249.413.42$1,682
Dec 2016026248.763.72$975
Nov 2016070042.492.64$1,851
Oct 2016052946.193.09$1,635
Sep 2016056941.553.10$1,764
Aug 2016054341.442.92$1,588
Jul 2016039341.622.92$1,149
Jun 2016069845.352.69$1,875
May 2016068942.521.99$1,372
Apr 2016048036.561.99$956
Mar 2016045933.011.79$823
Feb 2016060126.472.06$1,240
Jan 2016095827.352.36$2,265
Dec 201501,06632.362.00$2,134
Nov 201501,03938.792.17$2,252
Oct 201501,17843.552.43$2,859
Sep 201501,25842.992.76$3,470
Aug 201501,17940.162.87$3,387
Jul 2015088048.152.95$2,592
Jun 201501,12556.152.88$3,243
May 201501,18755.212.96$3,508
Apr 201501,44149.822.71$3,900
Mar 201501,41542.892.93$4,153
Feb 201501,07344.662.98$3,193
Jan 201501,12343.433.10$3,482
Dec 201401,00454.693.59$3,606
Nov 2014067470.464.25$2,866
Oct 201401,01578.303.90$3,959
Sep 201401,07386.164.05$4,341
Aug 20140089.394.04$0
Jul 201401,75396.564.18$7,327
Jun 201401,60398.164.74$7,593
May 201401,93094.734.73$9,122
Apr 201401,88795.944.81$9,075
Mar 201401,84995.895.06$9,350
Feb 201401,73797.406.19$10,756
Jan 201401,99090.404.86$9,673
Dec 201312,04091.824.35$8,975
Nov 201301,46288.853.74$5,465
Oct 201312,23097.423.78$8,525
Sep 201302,103104.113.72$7,818
Aug 201322,235104.253.52$8,082
Jul 201302,142102.523.72$7,963
Jun 201301,87594.403.93$7,375
May 201302,20694.834.15$9,153
Apr 201301,77693.964.28$7,606
Mar 201302,20693.623.91$8,632
Feb 201302,18691.233.42$7,476
Jan 201302,42591.603.42$8,293
Dec 201202,25086.773.42$7,695
Nov 201203,17686.953.62$11,513
Oct 201204,20089.383.40$14,279
Sep 201204,47594.672.92$13,060
Aug 201204,90492.662.91$14,262
Jul 201205,11885.133.02$15,460
Jun 201203,21579.822.52$8,099
May 201207,38991.612.49$18,386
Apr 201213,887101.652.00$7,863
Mar 201205,058105.052.22$11,239
Feb 201204,894101.102.57$12,579
Jan 201203,68198.092.73$10,064
Dec 201103,64796.873.24$11,815
Nov 201106,03095.723.31$19,967
Oct 201106,28784.983.65$22,938
Sep 201105,67883.623.99$22,631
Aug 201104,77183.404.15$19,796
Jul 201105,19094.144.52$23,444
Jun 201105,70292.904.64$26,457
May 201106,36298.134.40$28,023
Apr 201105,808105.964.33$25,168
Mar 201106,69196.364.06$27,148
Feb 201106,24685.644.18$26,108
Jan 201107,14186.504.59$32,768
Dec 201004,91785.734.35$21,378
Nov 201005,21380.843.80$19,785
Oct 201005,29678.103.51$18,583
Sep 201005,31672.633.98$21,155
Aug 201015,43773.684.42$24,102
Jul 201015,72672.554.74$27,194
Jun 201005,18670.364.91$25,465
May 201026,17471.124.24$26,290
Apr 201008,00881.694.12$33,015
Mar 201006,05478.394.39$26,569
Feb 201007,61873.585.44$41,460
Jan 201007,29174.365.96$43,484
Dec 200907,59871.445.48$41,666
Nov 200907,43474.593.75$27,889
Oct 200907,94172.544.11$32,640
Sep 200907,43065.543.06$22,771
Aug 200906,55267.423.22$21,088
Jul 200909,74961.133.46$33,775
Jun 200908,66066.163.90$33,731
May 2009010,29454.743.93$40,412
Apr 200909,58946.773.59$34,401
Mar 2009010,99442.144.06$44,625
Feb 2009010,76232.814.63$49,860
Jan 2009011,93635.865.37$64,108
Dec 2008012,74837.105.98$76,197
Nov 2008013,83955.496.86$94,941
Oct 2008016,47175.246.92$114,012
Sep 2008014,698101.767.88$115,777
Aug 2008013,674114.228.48$115,997
Jul 2008014,828131.0811.39$168,882
Jun 2008015,544131.3313.03$202,579
May 2008017,656123.1711.57$204,356
Apr 2008019,155110.3110.45$200,263
Mar 2008022,453101.909.66$216,987
Feb 2008024,08292.538.77$211,213
Jan 2008030,25090.388.21$248,223
Dec 2007037,24388.337.30$271,947
Nov 2007050,30991.677.29$366,838
Oct 2007078,51382.856.92$543,465
Sep 2007038,31475.846.24$239,239

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                  108 Mcf  × $  3.05 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/231974 is the state's own key, not one this site invented.