BUSTAMANTE GAS UNIT 1

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

Gas lease lease 238118District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Apr 2008 – May 2026
Value, last 12 filed months
$10 k
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 406 leases and 406 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: RULE 2 AMENDED. STANDARD 40 ACRES.

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 Gas112008-11-10186435
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
CondensateDisposition2 bbl$221
GasProduction535,171 Mcf$3,363,941
Total$3,364,162

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 26.9999, -99.0833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
14,450 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 14,450 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-50532968514,450 ftJul 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 20260158106.413.05$481
Apr 2026011498.932.87$327
Mar 2026010989.753.15$343
Feb 2026031563.503.75$1,181
Jan 2026035459.138.00$2,831
Dec 2025025956.664.41$1,143
Nov 2025021258.593.93$832
Oct 2025022859.383.30$754
Sep 2025012862.743.08$394
Aug 2025018463.933.01$555
Jul 2025015466.743.32$511
Jun 2025025466.483.13$795
May 2025014560.553.23$469
Apr 2025038062.363.54$1,346
Mar 2025028167.704.27$1,199
Feb 2025067070.884.34$2,908
Jan 2025073574.324.28$3,145
Dec 20240368.993.12$9
Nov 202406369.052.20$139
Oct 2024020871.372.28$475
Sep 2024017069.612.36$402
Aug 2024019175.632.06$394
Jul 2024042179.932.15$904
Jun 2024010378.082.63$271
May 2024026778.812.20$587
Apr 2024026784.451.66$443
Mar 2024035480.301.55$547
Feb 2024049776.091.78$886
Jan 2024033973.023.30$1,118
Dec 2023025271.262.61$658
Nov 2023042377.892.81$1,188
Oct 2023056785.443.09$1,750
Sep 2023089089.042.74$2,434
Aug 202301,17080.522.67$3,127
Jul 202301,42174.852.64$3,754
Jun 2023082868.962.26$1,870
May 2023015170.622.23$336
Apr 2023045878.122.24$1,025
Mar 2023019172.852.39$457
Feb 2023041875.112.47$1,031
Jan 2023041976.533.39$1,419
Dec 2022054776.415.73$3,134
Nov 2022072385.005.65$4,082
Oct 2022063987.185.86$3,747
Sep 202201,17484.888.16$9,584
Aug 202201,59394.529.13$14,540
Jul 20220697101.587.54$5,257
Jun 202201,073115.097.98$8,560
May 20220952109.378.43$8,028
Apr 202201,234104.226.84$8,438
Mar 202201,641108.885.08$8,330
Feb 2022021491.054.86$1,040
Jan 2022037281.844.54$1,688
Dec 2021038871.323.90$1,513
Nov 2021036177.435.24$1,891
Oct 2021031279.795.71$1,783
Sep 2021040969.865.35$2,189
Aug 2021035366.024.22$1,490
Jul 2021036470.783.98$1,449
Jun 2021038669.493.38$1,305
May 2021035363.483.02$1,065
Apr 2021044960.362.76$1,239
Mar 2021056361.302.72$1,530
Feb 2021059657.805.55$3,307
Jan 2021058350.412.81$1,638
Dec 2020084544.642.68$2,261
Nov 202001,01438.772.71$2,744
Oct 202001,15136.972.48$2,853
Sep 202001,28337.091.99$2,555
Aug 202001,66239.982.39$3,964
Jul 202001,01738.371.83$1,856
Jun 2020027134.901.69$458
May 2020034816.921.81$632
Apr 2020051114.751.80$922
Mar 2020062230.341.86$1,155
Feb 2020066349.881.98$1,313
Jan 2020069157.252.09$1,447
Dec 2019080259.012.30$1,848
Nov 2019086855.302.75$2,388
Oct 2019096053.472.42$2,322
Sep 2019098955.052.66$2,628
Aug 201901,07253.112.30$2,470
Jul 201901,25856.272.46$3,095
Jun 2019082652.782.49$2,058
May 201901,04858.482.74$2,872
Apr 201901,13962.632.75$3,133
Mar 2019088356.803.06$2,704
Feb 2019086950.852.79$2,426
Jan 2019098646.033.23$3,183
Dec 201801,02746.594.19$4,298
Nov 201801,23052.934.24$5,212
Oct 2018068761.443.40$2,334
Sep 2018051959.543.11$1,613
Aug 2018048659.403.07$1,490
Jul 2018043265.142.93$1,267
Jun 2018044460.183.08$1,366
May 2018050565.382.90$1,465
Apr 2018051363.842.90$1,488
Mar 2018057061.222.79$1,589
Feb 2018058761.782.77$1,624
Jan 2018074862.874.01$2,999
Dec 2017087257.272.92$2,548
Nov 2017077355.423.12$2,410
Oct 2017085649.292.98$2,554
Sep 2017087247.523.09$2,692
Aug 2017087945.373.00$2,641
Jul 2017088443.873.09$2,729
Jun 2017091642.493.09$2,828
May 2017087545.373.26$2,855
Apr 2017089047.933.21$2,858
Mar 201701,16546.772.98$3,476
Feb 201701,31550.452.95$3,883
Jan 2017074949.413.42$2,561
Dec 2016093448.763.72$3,477
Nov 2016096142.492.64$2,541
Oct 201601,06146.193.09$3,279
Sep 2016098341.553.10$3,048
Aug 2016095241.442.92$2,784
Jul 201601,04641.622.92$3,059
Jun 201601,23245.352.69$3,309
May 201601,51542.521.99$3,016
Apr 201601,85736.561.99$3,697
Mar 201602,13433.011.79$3,828
Feb 201601,84426.472.06$3,805
Jan 201602,07127.352.36$4,897
Dec 201502,17732.362.00$4,357
Nov 201502,28638.792.17$4,955
Oct 201502,33143.552.43$5,656
Sep 201502,29542.992.76$6,331
Aug 201502,34340.162.87$6,730
Jul 201502,27848.152.95$6,709
Jun 201502,36056.152.88$6,804
May 201502,18055.212.96$6,443
Apr 201502,15349.822.71$5,827
Mar 201502,07742.892.93$6,095
Feb 201502,02744.662.98$6,033
Jan 201501,46543.433.10$4,542
Dec 201401,49354.693.59$5,362
Nov 201401,88470.464.25$8,010
Oct 201401,32978.303.90$5,184
Sep 201401,25786.164.05$5,085
Aug 201401,40689.394.04$5,673
Jul 201401,77196.564.18$7,402
Jun 201401,76598.164.74$8,361
May 201402,06494.734.73$9,756
Apr 201401,82795.944.81$8,786
Mar 201402,10495.895.06$10,640
Feb 201401,78497.406.19$11,047
Jan 201401,73390.404.86$8,424
Dec 201301,84591.824.35$8,034
Nov 201301,56688.853.74$5,854
Oct 201301,80597.423.78$6,822
Sep 201301,931104.113.72$7,179
Aug 201301,491104.253.52$5,252
Jul 201301,372102.523.72$5,101
Jun 201301,42494.403.93$5,601
May 201301,50394.834.15$6,236
Apr 201301,50393.964.28$6,437
Mar 2013072793.623.91$2,845
Feb 201301,42591.233.42$4,873
Jan 201301,63891.603.42$5,602
Dec 201201,59186.773.42$5,441
Nov 201201,57686.953.62$5,713
Oct 201201,96889.383.40$6,691
Sep 201201,04894.672.92$3,058
Aug 201201,14392.662.91$3,324
Jul 201201,42985.133.02$4,317
Jun 201201,81979.822.52$4,582
May 201202,30891.612.49$5,743
Apr 201202,182101.652.00$4,357
Mar 201202,260105.052.22$5,022
Feb 201202,178101.102.57$5,598
Jan 201202,37498.092.73$6,491
Dec 201102,46396.873.24$7,979
Nov 201102,43695.723.31$8,066
Oct 201102,58284.983.65$9,421
Sep 201102,54883.623.99$10,156
Aug 201102,68783.404.15$11,149
Jul 201102,84294.144.52$12,838
Jun 201102,90892.904.64$13,493
May 201103,26298.134.40$14,369
Apr 201103,151105.964.33$13,654
Mar 201103,35996.364.06$13,629
Feb 201103,12885.644.18$13,075
Jan 201103,57386.504.59$16,396
Dec 201003,51485.734.35$15,278
Nov 201003,70380.843.80$14,054
Oct 201004,08678.103.51$14,337
Sep 201003,86372.633.98$15,373
Aug 201003,97373.684.42$17,558
Jul 201003,89072.554.74$18,425
Jun 201004,11470.364.91$20,201
May 201004,23071.124.24$17,915
Apr 201003,41481.694.12$14,075
Mar 201004,30878.394.39$18,906
Feb 201004,57173.585.44$24,877
Jan 201005,05974.365.96$30,172
Dec 200905,35371.445.48$29,355
Nov 200905,46574.593.75$20,502
Oct 200905,73972.544.11$23,589
Sep 200905,63465.543.06$17,267
Aug 200906,33367.423.22$20,383
Jul 200906,45861.133.46$22,374
Jun 200905,87866.163.90$22,895
May 200907,10154.743.93$27,877
Apr 200906,70646.773.59$24,058
Mar 200907,52142.144.06$30,528
Feb 200907,22432.814.63$33,469
Jan 200909,09735.865.37$48,860
Dec 200808,75737.105.98$52,342
Nov 200809,57855.496.86$65,709
Oct 2008010,34675.246.92$71,615
Sep 200809,315101.767.88$73,375
Aug 2008012,514114.228.48$106,157
Jul 2008012,353131.0811.39$140,694
Jun 2008033,118131.3313.03$431,615
May 2008064,691123.1711.57$748,752
Apr 2008237,942110.3110.45$396,899

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                  158 Mcf  × $  3.05 =       $481

────────────────────────────────────────────────────
Month total                                     $481

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/238118 is the state's own key, not one this site invented.