FROST TRUST 49

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 235830District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Oct 2007 – May 2026
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
224
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 Gas112016-09-23219325
NGPA2none

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
CondensateDisposition1,424 bbl$98,316
GasProduction592,831 Mcf$2,834,368
Total$2,932,683

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 27.7143, -98.9876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.71430, -98.98760 · 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
10,174 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 10,174 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-47939896310,174 ftOct 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 (224)

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

224 months

May 202601,358106.413.05$4,136
Apr 202601,34298.932.87$3,851
Mar 2026191,43989.753.15$6,237
Feb 202601,25263.503.75$4,695
Jan 2026231,35259.138.00$12,173
Dec 202501,41456.664.41$6,240
Nov 202501,38258.593.93$5,426
Oct 20251741,27059.383.30$14,529
Sep 2025087462.743.08$2,689
Aug 202501,14063.933.01$3,437
Jul 2025098866.743.32$3,275
Jun 2025301,40666.483.13$6,393
May 202501,50760.553.23$4,871
Apr 2025301,44562.363.54$6,991
Mar 202501,49167.704.27$6,364
Feb 202501,22570.884.34$5,318
Jan 2025084574.324.28$3,615
Dec 2024281,03668.993.12$5,165
Nov 202401,00269.052.20$2,203
Oct 202401,48571.372.28$3,388
Sep 202401,45169.612.36$3,431
Aug 2024281,51775.632.06$5,248
Jul 2024221,52179.932.15$5,023
Jun 202401,51778.082.63$3,996
May 202401,57478.812.20$3,460
Apr 202401,38484.451.66$2,296
Mar 2024261,51380.301.55$4,426
Feb 202401,43276.091.78$2,554
Jan 202401,47473.023.30$4,861
Dec 2023281,47271.262.61$5,838
Nov 202301,46577.892.81$4,113
Oct 202301,54485.443.09$4,767
Sep 202301,56989.042.74$4,291
Aug 2023211,61980.522.67$6,018
Jul 202301,63274.852.64$4,311
Jun 202301,65068.962.26$3,726
May 2023231,68770.622.23$5,382
Apr 202301,57578.122.24$3,524
Mar 2023191,52772.852.39$5,039
Feb 202301,52275.112.47$3,753
Jan 202301,55376.533.39$5,261
Dec 202201,47476.415.73$8,445
Nov 2022281,50085.005.65$10,849
Oct 202201,54887.185.86$9,077
Sep 202201,60784.888.16$13,119
Aug 202201,52294.529.13$13,892
Jul 2022941,655101.587.54$22,031
Jun 202201,522115.097.98$12,141
May 20221421,566109.378.43$28,737
Apr 202201,492104.226.84$10,202
Mar 2022231,610108.885.08$10,677
Feb 202201,45091.054.86$7,045
Jan 202201,59781.844.54$7,247
Dec 202181,55271.323.90$6,622
Nov 202101,35877.435.24$7,112
Oct 202101,52279.795.71$8,697
Sep 202121,34969.865.35$7,358
Aug 202101,38666.024.22$5,850
Jul 202101,59570.783.98$6,351
Jun 202181,54769.493.38$5,786
May 202101,63763.483.02$4,940
Apr 202101,49160.362.76$4,113
Mar 202101,58161.302.72$4,295
Feb 202101,40857.805.55$7,812
Jan 202101,63650.412.81$4,598
Dec 2020151,60944.642.68$4,974
Nov 202001,57538.772.71$4,263
Oct 202061,61836.972.48$4,232
Sep 202001,53137.091.99$3,048
Aug 202001,61739.982.39$3,857
Jul 202001,66338.371.83$3,035
Jun 202031,63234.901.69$2,863
May 202001,64616.921.81$2,987
Apr 202001,17714.751.80$2,124
Mar 202071,30230.341.86$2,629
Feb 202001,33749.881.98$2,648
Jan 202001,41857.252.09$2,970
Dec 201901,44759.012.30$3,334
Nov 201901,53255.302.75$4,214
Oct 2019311,49453.472.42$5,271
Sep 201901,54055.052.66$4,092
Aug 201901,54553.112.30$3,560
Jul 201901,18456.272.46$2,913
Jun 201901,16552.782.49$2,902
May 201901,54758.482.74$4,239
Apr 2019501,54262.632.75$7,373
Mar 201901,14756.803.06$3,512
Feb 201901,28250.852.79$3,580
Jan 201901,43946.033.23$4,645
Dec 2018431,58546.594.19$8,637
Nov 2018941,68652.934.24$12,119
Oct 201801,79261.443.40$6,089
Sep 201801,20959.543.11$3,758
Aug 201801,49659.403.07$4,588
Jul 201801,83165.142.93$5,368
Jun 201801,83260.183.08$5,637
May 201801,93465.382.90$5,610
Apr 201801,85263.842.90$5,372
Mar 201801,62061.222.79$4,515
Feb 201801,34561.782.77$3,720
Jan 201801,45962.874.01$5,850
Dec 201701,81157.272.92$5,291
Nov 201701,70755.423.12$5,323
Oct 201701,75749.292.98$5,242
Sep 201731,87047.523.09$5,916
Aug 201701,80445.373.00$5,420
Jul 201702,09043.873.09$6,452
Jun 2017132,19342.493.09$7,323
May 201702,15645.373.26$7,036
Apr 201702,03147.933.21$6,523
Mar 201701,98146.772.98$5,911
Feb 201751,72150.452.95$5,334
Jan 201701,94049.413.42$6,632
Dec 201602,25348.763.72$8,388
Nov 2016162,05642.492.64$6,117
Oct 201602,22046.193.09$6,860
Sep 201602,22741.553.10$6,905
Aug 2016702,55141.442.92$10,361
Jul 201602,21641.622.92$6,480
Jun 201601,79645.352.69$4,824
May 201602,04842.521.99$4,078
Apr 2016431,99736.561.99$5,548
Mar 201601,86733.011.79$3,349
Feb 2016172,24326.472.06$5,079
Jan 2016261,98227.352.36$5,397
Dec 201502,54832.362.00$5,100
Nov 201501,73938.792.17$3,769
Oct 2015811,71443.552.43$7,687
Sep 201501,95142.992.76$5,382
Aug 201502,33540.162.87$6,707
Jul 201502,37248.152.95$6,986
Jun 201502,15956.152.88$6,224
May 201502,51855.212.96$7,442
Apr 201501,77549.822.71$4,804
Mar 201502,54642.892.93$7,472
Feb 201502,29644.662.98$6,833
Jan 201502,24743.433.10$6,967
Dec 201402,49954.693.59$8,975
Nov 201402,44670.464.25$10,400
Oct 201402,40378.303.90$9,374
Sep 201402,52386.164.05$10,207
Aug 201402,33689.394.04$9,426
Jul 201402,42696.564.18$10,140
Jun 201402,55998.164.74$12,122
May 201401,82794.734.73$8,635
Apr 201401,97495.944.81$9,493
Mar 201402,20695.895.06$11,155
Feb 201402,24797.406.19$13,913
Jan 201402,91790.404.86$14,179
Dec 2013652,54291.824.35$17,037
Nov 201304,61388.853.74$17,245
Oct 2013039097.423.78$1,474
Sep 20130770104.113.72$2,863
Aug 201302,262104.253.52$7,968
Jul 201302,495102.523.72$9,276
Jun 201302,71994.403.93$10,695
May 201302,35394.834.15$9,763
Apr 201302,82593.964.28$12,098
Mar 201302,82593.623.91$11,054
Feb 201302,66691.233.42$9,117
Jan 201302,76291.603.42$9,446
Dec 201202,38986.773.42$8,171
Nov 201203,02286.953.62$10,955
Oct 201203,54589.383.40$12,052
Sep 201203,23394.672.92$9,435
Aug 201202,45192.662.91$7,128
Jul 201203,36085.133.02$10,150
Jun 2012072579.822.52$1,826
May 201202,15191.612.49$5,352
Apr 201201,823101.652.00$3,640
Mar 201202,246105.052.22$4,991
Feb 201202,657101.102.57$6,829
Jan 201203,03998.092.73$8,309
Dec 201103,21496.873.24$10,413
Nov 201102,78095.723.31$9,205
Oct 201103,22184.983.65$11,752
Sep 201103,29783.623.99$13,141
Aug 201102,65883.404.15$11,029
Jul 201102,68994.144.52$12,147
Jun 201103,26092.904.64$15,126
May 201103,32798.134.40$14,655
Apr 201103,275105.964.33$14,191
Mar 201103,40596.364.06$13,815
Feb 201103,36085.644.18$14,045
Jan 201103,89986.504.59$17,892
Dec 201003,31785.734.35$14,421
Nov 201003,25880.843.80$12,365
Oct 201003,69478.103.51$12,962
Sep 201003,50972.633.98$13,964
Aug 201003,70373.684.42$16,365
Jul 201003,77372.554.74$17,871
Jun 201003,77370.364.91$18,527
May 201004,09271.124.24$17,331
Apr 201003,24581.694.12$13,378
Mar 201003,99478.394.39$17,528
Feb 201003,64173.585.44$19,816
Jan 201004,16174.365.96$24,817
Dec 200904,29571.445.48$23,553
Nov 200903,29774.593.75$12,369
Oct 200904,67672.544.11$19,220
Sep 200904,06965.543.06$12,470
Aug 200903,71867.423.22$11,966
Jul 200905,95261.133.46$20,621
Jun 200903,93066.163.90$15,307
May 200905,05754.743.93$19,853
Apr 200904,66946.773.59$16,750
Mar 200905,71742.144.06$23,205
Feb 200905,36332.814.63$24,847
Jan 200905,89935.865.37$31,684
Dec 200805,17337.105.98$30,920
Nov 200804,83955.496.86$33,197
Oct 200805,51075.246.92$38,140
Sep 200805,907101.767.88$46,530
Aug 200806,692114.228.48$56,768
Jul 200809,388131.0811.39$106,924
Jun 200804,138131.3313.03$53,929
May 200807,336123.1711.57$84,909
Apr 200807,895110.3110.45$82,541
Mar 200808,690101.909.66$83,981
Feb 200809,45892.538.77$82,952
Jan 2008012,83490.388.21$105,312
Dec 2007011,70088.337.30$85,433
Nov 20076019,68591.677.29$149,037
Oct 2007022,77082.856.92$157,613

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                1,358 Mcf  × $  3.05 =     $4,136

────────────────────────────────────────────────────
Month total                                   $4,136

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/235830 is the state's own key, not one this site invented.