LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233231District 04Field 171305502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Dec 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
222
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 261 leases and 261 wells, and the rule below applies to all of them.

Discovered
1979-10-23
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 Gas112008-04-09181417
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
CondensateDisposition1,356 bbl$128,574
GasProduction450,540 Mcf$3,582,138
Total$3,710,711

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 27.0226, -99.1465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02256, -99.14649 · 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
12,800 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 12,800 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-505360084612,800 ftDec 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 (222)

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

222 months

May 20260140106.413.05$426
Apr 2026029798.932.87$852
Mar 2026017589.753.15$551
Feb 2026017763.503.75$664
Jan 2026016059.138.00$1,280
Dec 2025018156.664.41$799
Nov 2025023358.593.93$915
Oct 2025029259.383.30$965
Sep 2025018562.743.08$569
Aug 2025017363.933.01$522
Jul 2025020566.743.32$680
Jun 2025032466.483.13$1,014
May 2025019760.553.23$637
Apr 2025022462.363.54$794
Mar 2025021767.704.27$926
Feb 2025018370.884.34$794
Jan 2025015674.324.28$667
Dec 20240368.993.12$9
Nov 202409469.052.20$207
Oct 2024016371.372.28$372
Sep 2024112569.612.36$365
Aug 2024128975.632.06$672
Jul 2024019579.932.15$419
Jun 2024020478.082.63$537
May 2024028578.812.20$627
Apr 2024034584.451.66$572
Mar 2024011480.301.55$176
Feb 2024123376.091.78$492
Jan 2024024973.023.30$821
Dec 2023023971.262.61$624
Nov 2023018677.892.81$522
Oct 2023021185.443.09$651
Sep 2023027389.042.74$747
Aug 202309880.522.67$262
Jul 2023219274.852.64$657
Jun 2023020968.962.26$472
May 2023122870.622.23$578
Apr 2023028478.122.24$636
Mar 2023027972.852.39$668
Feb 2023018575.112.47$456
Jan 2023010976.533.39$369
Dec 202209476.415.73$539
Nov 2022115885.005.65$977
Oct 2022019387.185.86$1,132
Sep 202205184.888.16$416
Aug 202206894.529.13$621
Jul 20220242101.587.54$1,825
Jun 20220206115.097.98$1,643
May 20222206109.378.43$1,956
Apr 20220220104.226.84$1,504
Mar 20222283108.885.08$1,654
Feb 2022018291.054.86$884
Jan 2022032981.844.54$1,493
Dec 202108771.323.90$339
Nov 2021136277.435.24$1,973
Oct 2021019079.795.71$1,086
Sep 2021112669.865.35$744
Aug 2021220966.024.22$1,014
Jul 2021027870.783.98$1,107
Jun 2021029569.493.38$997
May 2021223363.483.02$830
Apr 2021226760.362.76$857
Mar 2021121861.302.72$654
Feb 2021025457.805.55$1,409
Jan 2021126450.412.81$792
Dec 2020133744.642.68$946
Nov 2020017438.772.71$471
Oct 2020027836.972.48$689
Sep 2020123137.091.99$497
Aug 2020228439.982.39$757
Jul 2020027438.371.83$500
Jun 2020129934.901.69$540
May 2020030716.921.81$557
Apr 2020123914.751.80$446
Mar 2020031330.341.86$581
Feb 2020530049.881.98$844
Jan 2020230157.252.09$745
Dec 2019032359.012.30$744
Nov 2019132155.302.75$938
Oct 2019035353.472.42$854
Sep 2019040555.052.66$1,076
Aug 2019037753.112.30$869
Jul 2019018956.272.46$465
Jun 2019028252.782.49$703
May 2019244958.482.74$1,347
Apr 2019240262.632.75$1,231
Mar 2019035056.803.06$1,072
Feb 2019326150.852.79$881
Jan 2019132246.033.23$1,086
Dec 2018030146.594.19$1,260
Nov 2018035752.934.24$1,513
Oct 2018232161.443.40$1,214
Sep 2018127159.543.11$902
Aug 2018141059.403.07$1,317
Jul 2018038965.142.93$1,141
Jun 201809560.183.08$292
May 2018231065.382.90$1,030
Apr 2018136663.842.90$1,126
Mar 2018036861.222.79$1,026
Feb 2018139161.782.77$1,143
Jan 2018127162.874.01$1,149
Dec 2017036257.272.92$1,058
Nov 2017031255.423.12$973
Oct 2017229949.292.98$991
Sep 201708847.523.09$272
Aug 2017035445.373.00$1,064
Jul 2017017743.873.09$546
Jun 2017129242.493.09$944
May 2017019645.373.26$640
Apr 2017041547.933.21$1,333
Mar 2017022746.772.98$677
Feb 2017033850.452.95$998
Jan 2017027349.413.42$933
Dec 2016044448.763.72$1,653
Nov 2016022142.492.64$584
Oct 2016011146.193.09$343
Sep 2016110041.553.10$352
Aug 2016014341.442.92$418
Jul 2016034941.622.92$1,021
Jun 2016037245.352.69$999
May 2016039342.521.99$782
Apr 2016142536.561.99$883
Mar 2016138433.011.79$722
Feb 2016027426.472.06$565
Jan 2016142027.352.36$1,020
Dec 2015323532.362.00$567
Nov 2015036538.792.17$791
Oct 2015122143.552.43$580
Sep 2015118242.992.76$545
Aug 2015323540.162.87$796
Jul 2015528648.152.95$1,083
Jun 2015524056.152.88$973
May 2015047355.212.96$1,398
Apr 201504749.822.71$127
Mar 2015116242.892.93$518
Feb 2015810744.662.98$676
Jan 201506243.433.10$192
Dec 201409154.693.59$327
Nov 201406970.464.25$293
Oct 2014115578.303.90$683
Sep 2014018386.164.05$740
Aug 20141689.394.04$114
Jul 201411296.564.18$147
Jun 201404498.164.74$208
May 201401194.734.73$52
Apr 20140895.944.81$38
Mar 201401595.895.06$76
Feb 201402597.406.19$155
Jan 2014012690.404.86$612
Dec 2013061191.824.35$2,661
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013089104.113.72$331
Aug 20130282104.253.52$993
Jul 20130216102.523.72$803
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201301293.964.28$51
Mar 201306693.623.91$258
Feb 2013011091.233.42$376
Jan 2013015291.603.42$520
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201204194.672.92$120
Aug 2012010092.662.91$291
Jul 201203285.133.02$97
Jun 2012059279.822.52$1,491
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012017105.052.22$38
Feb 20120262101.102.57$673
Jan 20120898.092.73$22
Dec 20110396.873.24$10
Nov 20110595.723.31$17
Oct 2011038684.983.65$1,408
Sep 2011021583.623.99$857
Aug 2011011283.404.15$465
Jul 2011011694.144.52$524
Jun 201109592.904.64$441
May 201109898.134.40$432
Apr 20110188105.964.33$815
Mar 2011010296.364.06$414
Feb 2011020085.644.18$836
Jan 201104186.504.59$188
Dec 201003985.734.35$170
Nov 2010020380.843.80$770
Oct 20100078.103.51$0
Sep 2010011172.633.98$442
Aug 2010011673.684.42$513
Jul 2010010072.554.74$474
Jun 201008270.364.91$403
May 201004571.124.24$191
Apr 201006181.694.12$251
Mar 2010011778.394.39$513
Feb 2010018173.585.44$985
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200904372.544.11$177
Sep 20090065.543.06$0
Aug 200906267.423.22$200
Jul 20090061.133.46$0
Jun 200908466.163.90$327
May 2009010,13054.743.93$39,768
Apr 200901,64346.773.59$5,894
Mar 2009012742.144.06$515
Feb 2009036832.814.63$1,705
Jan 2009021435.865.37$1,149
Dec 20081327237.105.98$2,108
Nov 2008024955.496.86$1,708
Oct 2008059175.246.92$4,091
Sep 200801,654101.767.88$13,029
Aug 20080568114.228.48$4,818
Jul 2008182742131.0811.39$32,308
Jun 20080913131.3313.03$11,899
May 200803,429123.1711.57$39,688
Apr 2008227,413110.3110.45$286,820
Mar 200816642,289101.909.66$425,599
Feb 200818282,25892.538.77$738,291
Jan 2008722184,94090.388.21$1,582,822
Dec 2007052,46988.337.30$383,127

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                  140 Mcf  × $  3.05 =       $426

────────────────────────────────────────────────────
Month total                                     $426

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/233231 is the state's own key, not one this site invented.