LUNDELL RANCH

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 233848District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Dec 2007 – May 2026
Value, last 12 filed months
$842
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 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 Gas112012-06-26205446
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
CondensateDisposition4,097 bbl$304,446
GasProduction978,621 Mcf$4,909,408
Total$5,213,854

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 27.5947, -99.0031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59470, -99.00306 · 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
11,530 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 11,530 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-479398702311,530 ftJun 2017

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 202602106.413.05$6
Apr 20260398.932.87$9
Mar 20260389.753.15$9
Feb 20260263.503.75$8
Jan 20260159.138.00$8
Dec 20250456.664.41$18
Nov 20250058.593.93$0
Oct 202513059.383.30$772
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250366.743.32$10
Jun 20250166.483.13$3
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501367.704.27$55
Feb 2025013470.884.34$582
Jan 2025010574.324.28$449
Dec 2024014868.993.12$462
Nov 202414712969.052.20$10,434
Oct 2024030071.372.28$684
Sep 2024034469.612.36$813
Aug 2024042875.632.06$883
Jul 2024037779.932.15$809
Jun 2024037778.082.63$993
May 2024029078.812.20$638
Apr 2024041284.451.66$684
Mar 2024046180.301.55$712
Feb 2024041176.091.78$733
Jan 2024039873.023.30$1,312
Dec 2023045071.262.61$1,175
Nov 2023035077.892.81$983
Oct 2023028685.443.09$883
Sep 2023035789.042.74$976
Aug 2023035780.522.67$954
Jul 2023045174.852.64$1,191
Jun 2023038968.962.26$879
May 2023041470.622.23$922
Apr 2023040978.122.24$915
Mar 2023041772.852.39$998
Feb 2023044775.112.47$1,102
Jan 2023051976.533.39$1,758
Dec 2022049076.415.73$2,807
Nov 2022047085.005.65$2,654
Oct 2022045787.185.86$2,680
Sep 2022043484.888.16$3,543
Aug 2022048094.529.13$4,381
Jul 20220460101.587.54$3,469
Jun 20220516115.097.98$4,116
May 20220509109.378.43$4,292
Apr 20220515104.226.84$3,521
Mar 20220546108.885.08$2,772
Feb 2022052791.054.86$2,561
Jan 2022053581.844.54$2,428
Dec 2021052371.323.90$2,039
Nov 2021054777.435.24$2,865
Oct 2021060979.795.71$3,480
Sep 2021056369.865.35$3,013
Aug 2021052266.024.22$2,203
Jul 2021056170.783.98$2,234
Jun 2021056169.493.38$1,897
May 2021060663.483.02$1,829
Apr 2021055160.362.76$1,520
Mar 2021065461.302.72$1,777
Feb 2021054757.805.55$3,035
Jan 2021063750.412.81$1,790
Dec 2020058244.642.68$1,557
Nov 2020064938.772.71$1,757
Oct 2020064536.972.48$1,599
Sep 2020044937.091.99$894
Aug 2020045139.982.39$1,076
Jul 2020045138.371.83$823
Jun 202001534.901.69$25
May 20202763816.921.81$1,615
Apr 20202758914.751.80$1,461
Mar 2020054530.341.86$1,012
Feb 20202754149.881.98$2,418
Jan 2020071957.252.09$1,506
Dec 2019074859.012.30$1,724
Nov 2019081155.302.75$2,231
Oct 2019091653.472.42$2,215
Sep 2019079555.052.66$2,113
Aug 20192981253.112.30$3,411
Jul 2019076456.272.46$1,879
Jun 2019076352.782.49$1,901
May 2019085558.482.74$2,343
Apr 2019085262.632.75$2,344
Mar 201901,31356.803.06$4,021
Feb 2019071350.852.79$1,991
Jan 2019096346.033.23$3,109
Dec 2018092846.594.19$3,884
Nov 2018086752.934.24$3,674
Oct 2018092361.443.40$3,136
Sep 201801,42959.543.11$4,441
Aug 201801,71659.403.07$5,262
Jul 201801,60065.142.93$4,691
Jun 2018045260.183.08$1,391
May 201802,57265.382.90$7,461
Apr 201804,12763.842.90$11,972
Mar 201802,99861.222.79$8,355
Feb 20181684,26161.782.77$22,165
Jan 201805,37162.874.01$21,534
Dec 201704,17157.272.92$12,186
Nov 2017884,17055.423.12$17,881
Oct 201704,93549.292.98$14,724
Sep 20171695,48947.523.09$24,977
Aug 2017456,48945.373.00$21,537
Jul 20174412,22743.873.09$39,678
Jun 201702,18942.493.09$6,758
May 201704945.373.26$160
Apr 2017044147.933.21$1,416
Mar 201703,27446.772.98$9,769
Feb 201702,74750.452.95$8,111
Jan 201703,20249.413.42$10,947
Dec 201603,44348.763.72$12,818
Nov 201603,23442.492.64$8,552
Oct 201602,63646.193.09$8,146
Sep 201602,25941.553.10$7,004
Aug 201602,38741.442.92$6,980
Jul 201602,38741.622.92$6,980
Jun 201602,38145.352.69$6,395
May 201602,32742.521.99$4,633
Apr 201602,20636.561.99$4,392
Mar 2016371,99533.011.79$4,800
Feb 201602,05926.472.06$4,249
Jan 201601,89327.352.36$4,476
Dec 2015431,47232.362.00$4,338
Nov 201501,05938.792.17$2,295
Oct 201501,82943.552.43$4,438
Sep 201502,00042.992.76$5,517
Aug 2015452,13440.162.87$7,937
Jul 2015014,60948.152.95$43,025
Jun 20153516,93256.152.88$50,778
May 20155714,12355.212.96$44,887
Apr 2015549,93149.822.71$29,569
Mar 2015618,35942.892.93$27,148
Feb 201508,59844.662.98$25,589
Jan 20156110,93443.433.10$36,552
Dec 2014011,08354.693.59$39,803
Nov 2014895470.464.25$6,501
Oct 201407,12778.303.90$27,802
Sep 2014013886.164.05$558
Aug 20145834389.394.04$6,569
Jul 2014063696.564.18$2,658
Jun 2014371,04298.164.74$8,568
May 201403,11394.734.73$14,714
Apr 2014562,98195.944.81$19,709
Mar 201403,99495.895.06$20,197
Feb 201403,10697.406.19$19,232
Jan 2014543,56090.404.86$22,186
Dec 2013313,11791.824.35$16,419
Nov 2013313,17788.853.74$14,631
Oct 201303,38397.423.78$12,786
Sep 2013291,978104.113.72$10,373
Aug 2013511,440104.253.52$10,389
Jul 201303,427102.523.72$12,741
Jun 2013123,53994.403.93$15,053
May 2013153,33494.834.15$15,255
Apr 2013273,10393.964.28$15,826
Mar 201303,92093.623.91$15,338
Feb 201304,02891.233.42$13,775
Jan 201302,90691.603.42$9,938
Dec 2012383,49386.773.42$15,244
Nov 201203,83386.953.62$13,894
Oct 201214,03289.383.40$13,797
Sep 201203,78294.672.92$11,037
Aug 201203,76092.662.91$10,935
Jul 201203,85085.133.02$11,630
Jun 201205,34279.822.52$13,457
May 201206,49791.612.49$16,167
Apr 201226,379101.652.00$12,941
Mar 201215,911105.052.22$13,240
Feb 2012105,771101.102.57$15,844
Jan 2012546,57598.092.73$23,273
Dec 20111775,32596.873.24$34,398
Nov 201106,33795.723.31$20,984
Oct 20111557,51284.983.65$40,580
Sep 2011626,87583.623.99$32,587
Aug 2011467,20483.404.15$33,728
Jul 2011415,22794.144.52$27,471
Jun 2011338,25292.904.64$41,354
May 2011488,70298.134.40$43,041
Apr 2011389,044105.964.33$43,217
Mar 2011389,73596.364.06$43,160
Feb 2011358,77885.644.18$39,689
Jan 2011339,51386.504.59$46,508
Dec 20101710,28585.734.35$46,174
Nov 201008,83880.843.80$33,543
Oct 201009,22078.103.51$32,352
Sep 2010129,57472.633.98$38,971
Aug 2010368,89273.684.42$41,949
Jul 20104611,00572.554.74$55,462
Jun 20104110,59270.364.91$54,896
May 20102110,26371.124.24$44,960
Apr 20104710,46681.694.12$46,988
Mar 20107210,90278.394.39$53,489
Feb 2010259,69473.585.44$54,598
Jan 20108111,55474.365.96$74,932
Dec 20093711,64571.445.48$66,502
Nov 20092611,01374.593.75$43,255
Oct 2009011,68072.544.11$48,008
Sep 2009510,90765.543.06$33,755
Aug 20094214,04467.423.22$48,032
Jul 20093514,93361.133.46$53,875
Jun 20095115,07566.163.90$62,091
May 20093114,44454.743.93$58,400
Apr 20095415,57746.773.59$58,408
Mar 200911716,25542.144.06$70,909
Feb 20099012,93032.814.63$62,858
Jan 20095415,61635.865.37$85,810
Dec 2008319,26537.105.98$56,528
Nov 20084114,83355.496.86$104,035
Oct 200814415,86375.246.92$120,638
Sep 200813018,085101.767.88$155,686
Aug 200812316,946114.228.48$157,802
Jul 20089819,188131.0811.39$231,386
Jun 20089215,875131.3313.03$218,975
May 20081919,484123.1711.57$227,854
Apr 2008021,835110.3110.45$228,282
Mar 2008026,034101.909.66$251,594
Feb 2008025,46692.538.77$223,352
Jan 2008025,26390.388.21$207,301
Dec 200702,41788.337.30$17,649

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                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/233848 is the state's own key, not one this site invented.