OLIVAREZ UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MCMORAN (8960) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 237136District 04Field 598188522 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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 84 leases and 84 wells, and the rule below applies to all of them.

Discovered
1968-11-27
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 2003-09-22.

The Commission's schedule remark for this field reads: WELL AND 95% ACRES.THE ALLOCATION SUSPENSION REMAINS.

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 Gas112009-02-09185431
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
CondensateDisposition6,753 bbl$591,900
GasProduction766,838 Mcf$4,610,064
Total$5,201,964

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 26.7122, -98.3450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71222, -98.34499 · 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
11,445 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 11,445 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-21533711411,445 ftApr 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 (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20224091.054.86$364
Jan 2022056981.844.54$2,582
Dec 202153,27471.323.90$13,122
Nov 202103,59477.435.24$18,821
Oct 202104,11079.795.71$23,484
Sep 202134,66069.865.35$25,145
Aug 202103,34066.024.22$14,097
Jul 202104770.783.98$187
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210857.805.55$44
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202002138.772.71$57
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202001638.371.83$29
Jun 20200034.901.69$0
May 20200116.921.81$2
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201904353.472.42$104
Sep 201902055.052.66$53
Aug 20190653.112.30$14
Jul 2019013556.272.46$332
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190646.033.23$19
Dec 201801246.594.19$50
Nov 20180052.934.24$0
Oct 201801461.443.40$48
Sep 20180059.543.11$0
Aug 20181111259.403.07$6,630
Jul 2018038165.142.93$1,117
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170457.272.92$12
Nov 20170055.423.12$0
Oct 201703649.292.98$107
Sep 201703147.523.09$96
Aug 201701345.373.00$39
Jul 201712,20043.873.09$6,836
Jun 201702,23542.493.09$6,900
May 2017063145.373.26$2,059
Apr 2017053447.933.21$1,715
Mar 2017064346.772.98$1,919
Feb 2017092650.452.95$2,734
Jan 201711,16949.413.42$4,046
Dec 2016187248.763.72$3,295
Nov 2016083042.492.64$2,195
Oct 2016072746.193.09$2,247
Sep 2016081141.553.10$2,515
Aug 201621,07741.442.92$3,232
Jul 201611,83341.622.92$5,402
Jun 201622,64445.352.69$7,192
May 201613,64742.521.99$7,304
Apr 201613,58836.561.99$7,180
Mar 20160033.011.79$0
Feb 2016014926.472.06$307
Jan 2016171327.352.36$1,713
Dec 201512,65632.362.00$5,348
Nov 201511,06538.792.17$2,347
Oct 201511,07543.552.43$2,652
Sep 201551,06542.992.76$3,153
Aug 201511,33940.162.87$3,886
Jul 201501,09248.152.95$3,216
Jun 2015095556.152.88$2,753
May 2015271,09555.212.96$4,727
Apr 201511,65149.822.71$4,518
Mar 201511,97342.892.93$5,833
Feb 20151195044.662.98$3,319
Jan 201501,28943.433.10$3,997
Dec 201411,61754.693.59$5,862
Nov 201411,12270.464.25$4,841
Oct 2014039978.303.90$1,556
Sep 20142773786.164.05$5,308
Aug 20141892,25789.394.04$26,002
Jul 201453,55496.564.18$15,337
Jun 201453,84998.164.74$18,723
May 201425,04694.734.73$24,040
Apr 201431,00595.944.81$5,121
Mar 201462,42595.895.06$12,838
Feb 201422,45197.406.19$15,371
Jan 201432,42490.404.86$12,054
Dec 201372,51691.824.35$11,599
Nov 20131082,32888.853.74$18,299
Oct 201341,63997.423.78$6,584
Sep 201352,045104.113.72$8,123
Aug 201314,003104.253.52$14,205
Jul 201331,959102.523.72$7,591
Jun 2013397794.403.93$4,126
May 20131871,37294.834.15$23,426
Apr 201373,89093.964.28$17,317
Mar 2013114,56393.623.91$18,884
Feb 2013135,48291.233.42$19,934
Jan 2013157,08691.603.42$25,607
Dec 20123857,99486.773.42$60,747
Nov 2012107,23586.953.62$27,096
Oct 20123089.383.40$268
Sep 201242,34594.672.92$7,222
Aug 2012125,94092.662.91$18,386
Jul 201285,57085.133.02$17,507
Jun 201252,65879.822.52$7,095
May 201283,40991.612.49$9,216
Apr 201274,957101.652.00$10,610
Mar 2012104,378105.052.22$10,779
Feb 201243,439101.102.57$9,243
Jan 201223,74098.092.73$10,422
Dec 201194,18896.873.24$14,440
Nov 2011104,77795.723.31$16,775
Oct 2011116,40284.983.65$24,293
Sep 2011117,80583.623.99$32,029
Aug 201175,91183.404.15$25,110
Jul 201141,95094.144.52$9,185
Jun 20111865,05692.904.64$40,739
May 2011168,96898.134.40$41,073
Apr 201187,027105.964.33$31,298
Mar 201175,62296.364.06$23,485
Feb 2011106,15285.644.18$26,572
Jan 2011117,61386.504.59$35,886
Dec 2010179,83185.734.35$44,200
Nov 2010107,47980.843.80$29,194
Oct 201084,09978.103.51$15,008
Sep 201084,54272.633.98$18,656
Aug 201094,41973.684.42$20,192
Jul 201083,71572.554.74$18,176
Jun 2010123,76270.364.91$19,317
May 201019213,05271.124.24$68,933
Apr 20101713,93981.694.12$58,855
Mar 20101812,64478.394.39$56,901
Feb 2010338,05273.585.44$46,250
Jan 201053,56174.365.96$21,610
Dec 200944,38471.445.48$24,327
Nov 200963,28874.593.75$12,782
Oct 2009135,04672.544.11$21,683
Sep 20092009,57065.543.06$42,438
Aug 20092614,16167.423.22$47,330
Jul 20093714,08861.133.46$51,070
Jun 200920511,06766.163.90$56,669
May 20093711,38554.743.93$46,720
Apr 200920112,40046.773.59$53,886
Mar 20098615,31442.144.06$65,784
Feb 200923917,15632.814.63$87,325
Jan 200925624,64235.865.37$141,532
Dec 200841624,83837.105.98$163,894
Nov 200838926,79955.496.86$205,436
Oct 20084729,61475.246.92$208,524
Sep 200839125,948101.767.88$244,183
Aug 200837131,847114.228.48$312,534
Jul 200841234,285131.0811.39$444,492
Jun 200840035,435131.3313.03$514,343
May 20081,12038,526123.1711.57$583,862
Apr 20082138,281110.3110.45$402,539

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.

Feb 2022 — as filed, then multipliedworked
Condensate             4 bbl  × $ 91.05 =       $364
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                     $364

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/237136 is the state's own key, not one this site invented.