GARZA, ET AL 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 238415District 04Field 598188522 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Mar 2008 – May 2026
Value, last 12 filed months
$557
at the published price for each month
Months reported
219
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 Gas112008-09-11183735
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
CondensateDisposition2,900 bbl$236,195
GasProduction218,777 Mcf$1,261,707
Total$1,497,902

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 26.7038, -98.3350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.70381, -98.33497 · 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
10,300 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 10,300 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-215335921010,300 ftMar 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 (219)

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

219 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20261059.138.00$59
Dec 202504456.664.41$194
Nov 20251058.593.93$59
Oct 202503559.383.30$116
Sep 20251062.743.08$63
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 20250066.483.13$0
May 20251060.553.23$61
Apr 20252062.363.54$125
Mar 2025230067.704.27$1,416
Feb 202532870.884.34$334
Jan 202549874.324.28$717
Dec 20240268.993.12$6
Nov 2024088969.052.20$1,954
Oct 20245871.372.28$375
Sep 2024250369.612.36$1,328
Aug 2024013275.632.06$272
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240580.301.55$8
Feb 2024135176.091.78$702
Jan 20242073.023.30$146
Dec 202381871.262.61$617
Nov 2023352477.892.81$1,705
Oct 2023763985.443.09$2,571
Sep 2023127389.042.74$836
Aug 2023135880.522.67$1,037
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230172.852.39$2
Feb 20230475.112.47$10
Jan 20230076.533.39$0
Dec 20227076.415.73$535
Nov 2022430785.005.65$2,073
Oct 202225287.185.86$479
Sep 2022030984.888.16$2,523
Aug 2022021794.529.13$1,981
Jul 20221332101.587.54$2,606
Jun 20220363115.097.98$2,896
May 20220701109.378.43$5,912
Apr 20220769104.226.84$5,258
Mar 20220517108.885.08$2,625
Feb 20220891.054.86$39
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202007714.751.80$139
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190252.782.49$5
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201901056.803.06$31
Feb 20190350.852.79$8
Jan 20190046.033.23$0
Dec 2018010246.594.19$427
Nov 20180052.934.24$0
Oct 20180561.443.40$17
Sep 201805659.543.11$174
Aug 20186059.403.07$356
Jul 201801765.142.93$50
Jun 2018824460.183.08$1,232
May 2018050365.382.90$1,459
Apr 2018954063.842.90$2,141
Mar 2018962061.222.79$2,279
Feb 2018057661.782.77$1,593
Jan 2018968762.874.01$3,320
Dec 2017791057.272.92$3,059
Nov 201731,58855.423.12$5,118
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017071445.373.00$2,145
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20154038.792.17$155
Oct 201599,13243.552.43$22,551
Sep 2015514,05842.992.76$38,993
Aug 2015582840.162.87$2,579
Jul 201501,84148.152.95$5,422
Jun 201541,96256.152.88$5,881
May 201561,06455.212.96$3,476
Apr 20153449.822.71$160
Mar 20155842.892.93$238
Feb 20157944.662.98$339
Jan 201531243.433.10$168
Dec 20146754.693.59$353
Nov 2014328370.464.25$1,415
Oct 201488,80878.303.90$34,986
Sep 20141058,75786.164.05$44,473
Aug 20141550789.394.04$3,387
Jul 20141670196.564.18$4,475
Jun 20142258498.164.74$4,926
May 20142758894.734.73$5,337
Apr 2014242895.944.81$2,437
Mar 2014171895.895.06$1,721
Feb 2014142197.406.19$1,494
Jan 20141661390.404.86$4,426
Dec 20131016791.824.35$1,645
Nov 2013111288.853.74$1,022
Oct 20131763397.423.78$4,048
Sep 201317552104.113.72$3,822
Aug 2013155788104.253.52$18,935
Jul 201325674102.523.72$5,069
Jun 20133274494.403.93$5,947
May 20133730194.834.15$4,758
Apr 20135539593.964.28$6,859
Mar 2013465793.623.91$4,530
Feb 2013253091.233.42$2,383
Jan 20133067891.603.42$5,067
Dec 20124218386.773.42$4,270
Nov 20123418986.953.62$3,641
Oct 20123378989.383.40$5,632
Sep 20123289494.672.92$5,638
Aug 20123993592.662.91$6,333
Jul 20123197285.133.02$5,575
Jun 20123785079.822.52$5,095
May 2012284491.612.49$2,675
Apr 201235710101.652.00$4,975
Mar 2012391,145105.052.22$6,641
Feb 201230962101.102.57$5,506
Jan 20122691298.092.73$5,044
Dec 20114615596.873.24$4,958
Nov 2011372,36995.723.31$11,386
Oct 2011274,25684.983.65$17,823
Sep 2011484,04283.623.99$20,124
Aug 2011414,00783.404.15$20,046
Jul 2011534,21494.144.52$24,025
Jun 2011214,13492.904.64$21,132
May 2011344,41798.134.40$22,793
Apr 2011434,427105.964.33$23,740
Mar 2011434,89896.364.06$24,016
Feb 2011763,43685.644.18$20,871
Jan 2011732,12386.504.59$16,056
Dec 2010701,31385.734.35$11,710
Nov 20101986380.843.80$4,811
Oct 2010511,43378.103.51$9,011
Sep 2010801,75672.633.98$12,798
Aug 2010741,85873.684.42$13,663
Jul 2010131,32572.554.74$7,219
Jun 2010351,42670.364.91$9,465
May 201041,23271.124.24$5,502
Apr 2010111,18981.694.12$5,800
Mar 2010204178.394.39$1,748
Feb 2010341,46173.585.44$10,453
Jan 20102586974.365.96$7,042
Dec 200919071.445.48$1,357
Nov 2009351,61174.593.75$8,654
Oct 2009381,78072.544.11$10,073
Sep 2009301,79265.543.06$7,458
Aug 200952,07267.423.22$7,006
Jul 200952,00061.133.46$7,235
Jun 200931,16066.163.90$4,717
May 200961,78054.743.93$7,316
Apr 200962,09746.773.59$7,804
Mar 2009112,11142.144.06$9,032
Feb 2009336832.814.63$1,803
Jan 20091642,85735.865.37$21,226
Dec 20081913,93237.105.98$30,588
Nov 200822,50455.496.86$17,289
Oct 2008189675.246.92$6,277
Sep 2008135101.767.88$377
Aug 200844,210114.228.48$36,170
Jul 2008106,554131.0811.39$75,957
Jun 20083110,348131.3313.03$138,933
May 20082016,047123.1711.57$188,196
Apr 20083315,431110.3110.45$164,969
Mar 200834,056101.909.66$39,503

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.

Jan 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 59.13 =        $59
Gas                    0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/238415 is the state's own key, not one this site invented.