LEONARDO

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the CHARCO (9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241973District 04Field 171305252 tax incentive programmesCondensateGasSaveExport
Value, all time
$120 k
Jul 2008 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
215
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 61 leases and 61 wells, and the rule below applies to all of them.

Discovered
1979-10-31
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 Commission's schedule remark for this field reads: 4-79366.

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 Gas112008-12-17187879
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
CondensateDisposition7 bbl$331
GasProduction22,030 Mcf$119,605
Total$119,937

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 27.0204, -99.1425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02039, -99.14254 · 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
10,150 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 10,150 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-505361334910,150 ftMar 2009

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 (215)

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

215 months

May 2026022106.413.05$67
Apr 202605098.932.87$143
Mar 202604389.753.15$135
Feb 202602563.503.75$94
Jan 202603959.138.00$312
Dec 202504756.664.41$207
Nov 202504658.593.93$181
Oct 202503259.383.30$106
Sep 202503362.743.08$102
Aug 202503263.933.01$96
Jul 202503366.743.32$109
Jun 202503466.483.13$106
May 202503460.553.23$110
Apr 202503362.363.54$117
Mar 202506967.704.27$295
Feb 202506170.884.34$265
Jan 202501474.324.28$60
Dec 202404168.993.12$128
Nov 202403769.052.20$81
Oct 202402471.372.28$55
Sep 202401769.612.36$40
Aug 202402675.632.06$54
Jul 202404979.932.15$105
Jun 202402278.082.63$58
May 202403178.812.20$68
Apr 202405584.451.66$91
Mar 202402280.301.55$34
Feb 202403476.091.78$61
Jan 202402373.023.30$76
Dec 202303371.262.61$86
Nov 202304477.892.81$124
Oct 202304585.443.09$139
Sep 202304289.042.74$115
Aug 202303780.522.67$99
Jul 20230074.852.64$0
Jun 202305368.962.26$120
May 202302570.622.23$56
Apr 20230078.122.24$0
Mar 202302672.852.39$62
Feb 202303975.112.47$96
Jan 202301676.533.39$54
Dec 202203076.415.73$172
Nov 202202085.005.65$113
Oct 202202887.185.86$164
Sep 202202084.888.16$163
Aug 202202494.529.13$219
Jul 2022016101.587.54$121
Jun 2022031115.097.98$247
May 2022019109.378.43$160
Apr 2022034104.226.84$232
Mar 2022016108.885.08$81
Feb 202202491.054.86$117
Jan 202201781.844.54$77
Dec 202102771.323.90$105
Nov 202102577.435.24$131
Oct 202102479.795.71$137
Sep 202101469.865.35$75
Aug 202112566.024.22$172
Jul 202102670.783.98$104
Jun 202101969.493.38$64
May 202103063.483.02$91
Apr 202102260.362.76$61
Mar 202104361.302.72$117
Feb 202102957.805.55$161
Jan 202103050.412.81$84
Dec 202004744.642.68$126
Nov 202002938.772.71$78
Oct 202002836.972.48$69
Sep 202003437.091.99$68
Aug 202014039.982.39$135
Jul 202003138.371.83$57
Jun 202002934.901.69$49
May 202003216.921.81$58
Apr 202003814.751.80$69
Mar 202002830.341.86$52
Feb 202003149.881.98$61
Jan 202004457.252.09$92
Dec 201903459.012.30$78
Nov 201903355.302.75$91
Oct 201903553.472.42$85
Sep 201902755.052.66$72
Aug 201903753.112.30$85
Jul 201902856.272.46$69
Jun 201903052.782.49$75
May 201903258.482.74$88
Apr 201902862.632.75$77
Mar 201903856.803.06$116
Feb 201904050.852.79$112
Jan 201903746.033.23$119
Dec 201804846.594.19$201
Nov 201802952.934.24$123
Oct 201803061.443.40$102
Sep 201803759.543.11$115
Aug 201803959.403.07$120
Jul 201803865.142.93$111
Jun 201804560.183.08$138
May 201804465.382.90$128
Apr 201804963.842.90$142
Mar 201804761.222.79$131
Feb 201802661.782.77$72
Jan 201804762.874.01$188
Dec 201702357.272.92$67
Nov 201704955.423.12$153
Oct 201705649.292.98$167
Sep 201704247.523.09$130
Aug 201704945.373.00$147
Jul 201704143.873.09$127
Jun 201702742.493.09$83
May 201703445.373.26$111
Apr 201704147.933.21$132
Mar 201714746.772.98$187
Feb 201703550.452.95$103
Jan 201702949.413.42$99
Dec 201603248.763.72$119
Nov 201604942.492.64$130
Oct 201603746.193.09$114
Sep 201604141.553.10$127
Aug 201601941.442.92$56
Jul 201604341.622.92$126
Jun 201604645.352.69$124
May 201609242.521.99$183
Apr 201604636.561.99$92
Mar 201606333.011.79$113
Feb 201604826.472.06$99
Jan 201604527.352.36$106
Dec 201506232.362.00$124
Nov 201503738.792.17$80
Oct 201508143.552.43$197
Sep 201502142.992.76$58
Aug 201508140.162.87$233
Jul 201503748.152.95$109
Jun 201505756.152.88$164
May 201507755.212.96$228
Apr 20150849.822.71$22
Mar 201507442.892.93$217
Feb 201547544.662.98$402
Jan 201508143.433.10$251
Dec 2014012354.693.59$442
Nov 201406970.464.25$293
Oct 201404078.303.90$156
Sep 201408586.164.05$344
Aug 201405889.394.04$234
Jul 201405496.564.18$226
Jun 20140398.164.74$14
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140395.895.06$15
Feb 201402197.406.19$130
Jan 20140990.404.86$44
Dec 201302691.824.35$113
Nov 201302488.853.74$90
Oct 201304397.423.78$163
Sep 2013026104.113.72$97
Aug 2013069104.253.52$243
Jul 2013070102.523.72$260
Jun 2013015594.403.93$610
May 201307494.834.15$307
Apr 2013011293.964.28$480
Mar 201305593.623.91$215
Feb 201305191.233.42$174
Jan 201301791.603.42$58
Dec 201201786.773.42$58
Nov 201202486.953.62$87
Oct 20120989.383.40$31
Sep 201205194.672.92$149
Aug 201204692.662.91$134
Jul 20120985.133.02$27
Jun 201202479.822.52$60
May 201204191.612.49$102
Apr 2012048101.652.00$96
Mar 2012043105.052.22$96
Feb 2012051101.102.57$131
Jan 201208498.092.73$230
Dec 201108396.873.24$269
Nov 201104395.723.31$142
Oct 201109384.983.65$339
Sep 2011010383.623.99$411
Aug 201107083.404.15$290
Jul 2011013494.144.52$605
Jun 2011012292.904.64$566
May 2011013898.134.40$608
Apr 20110115105.964.33$498
Mar 2011020896.364.06$844
Feb 2011020885.644.18$869
Jan 2011024586.504.59$1,124
Dec 2010020085.734.35$870
Nov 2010012180.843.80$459
Oct 201009978.103.51$347
Sep 201001772.633.98$68
Aug 2010023373.684.42$1,030
Jul 201007472.554.74$351
Jun 201005870.364.91$285
May 201005571.124.24$233
Apr 201007181.694.12$293
Mar 2010010178.394.39$443
Feb 2010039873.585.44$2,166
Jan 2010045374.365.96$2,702
Dec 2009048771.445.48$2,671
Nov 2009043674.593.75$1,636
Oct 2009047172.544.11$1,936
Sep 2009047165.543.06$1,444
Aug 2009047267.423.22$1,519
Jul 2009027161.133.46$939
Jun 2009034066.163.90$1,324
May 2009016954.743.93$663
Apr 2009028846.773.59$1,033
Mar 2009037442.144.06$1,518
Feb 200909332.814.63$431
Jan 2009049935.865.37$2,680
Dec 2008084437.105.98$5,045
Nov 2008062755.496.86$4,301
Oct 200801,29275.246.92$8,943
Sep 200801,192101.767.88$9,389
Aug 200801,596114.228.48$13,539
Jul 200802,037131.0811.39$23,200

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                   22 Mcf  × $  3.05 =        $67

────────────────────────────────────────────────────
Month total                                      $67

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/241973 is the state's own key, not one this site invented.