OLEGARIO VILLARREAL HEIRS

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

Gas lease lease 248821District 04Field 298012532 tax incentive programmesGasSaveExport
Value, all time
$1.3 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
no gaps in the span
Streams
1
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 243 leases and 243 wells, and the rule below applies to all of them.

Discovered
2004-09-01
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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas112010-10-15199615
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
GasProduction287,619 Mcf$1,326,817
Total$1,326,817

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 26.9337, -99.2865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.93365, -99.28654 · 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
10,500 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 10,500 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-50536239110,500 ftNov 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 (211)

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

211 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201874961.443.40$2,545
Sep 201899859.543.11$3,102
Aug 20181,04859.403.07$3,214
Jul 20181,07765.142.93$3,158
Jun 20181,10060.183.08$3,385
May 20181,13365.382.90$3,287
Apr 20181,12463.842.90$3,261
Mar 20181,20361.222.79$3,353
Feb 20181,13261.782.77$3,131
Jan 20181,25062.874.01$5,012
Dec 20171,25557.272.92$3,667
Nov 20171,19155.423.12$3,714
Oct 20171,31649.292.98$3,927
Sep 20171,29247.523.09$3,989
Aug 20171,38045.373.00$4,146
Jul 20171,42743.873.09$4,406
Jun 20171,41642.493.09$4,372
May 20171,51145.373.26$4,931
Apr 20171,48047.933.21$4,753
Mar 20171,58146.772.98$4,717
Feb 20171,50150.452.95$4,432
Jan 20171,60849.413.42$5,497
Dec 20161,80048.763.72$6,701
Nov 20161,82742.492.64$4,831
Oct 20161,88146.193.09$5,813
Sep 20162,19041.553.10$6,790
Aug 20162,52941.442.92$7,396
Jul 20163,51041.622.92$10,264
Jun 20161,44945.352.69$3,892
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016227.352.36$5
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 20158143.552.43$197
Sep 201515142.992.76$417
Aug 201532040.162.87$919
Jul 2015248.152.95$6
Jun 201518556.152.88$533
May 20151855.212.96$53
Apr 201525149.822.71$679
Mar 201529542.892.93$866
Feb 201521744.662.98$646
Jan 201523943.433.10$741
Dec 20142454.693.59$86
Nov 201410870.464.25$459
Oct 201412478.303.90$484
Sep 201420386.164.05$821
Aug 201425289.394.04$1,017
Jul 201425196.564.18$1,049
Jun 201415098.164.74$711
May 201442194.734.73$1,990
Apr 201450595.944.81$2,429
Mar 201438995.895.06$1,967
Feb 201454597.406.19$3,375
Jan 201427790.404.86$1,346
Dec 201347991.824.35$2,086
Nov 201338788.853.74$1,447
Oct 201345597.423.78$1,720
Sep 2013285104.113.72$1,060
Aug 2013718104.253.52$2,529
Jul 2013774102.523.72$2,878
Jun 201388594.403.93$3,481
May 201397294.834.15$4,033
Apr 20131,02393.964.28$4,381
Mar 201396793.623.91$3,784
Feb 201399891.233.42$3,413
Jan 20131,03591.603.42$3,540
Dec 20121,02886.773.42$3,516
Nov 20121,10986.953.62$4,020
Oct 20121,07589.383.40$3,655
Sep 20121,11094.672.92$3,239
Aug 20121,41092.662.91$4,101
Jul 20121,59485.133.02$4,815
Jun 201244879.822.52$1,129
May 20121,20891.612.49$3,006
Apr 20121,301101.652.00$2,598
Mar 20121,386105.052.22$3,080
Feb 20121,285101.102.57$3,303
Jan 20121,39598.092.73$3,814
Dec 20111,41996.873.24$4,597
Nov 20111,73695.723.31$5,748
Oct 20111,24784.983.65$4,550
Sep 20111,35383.623.99$5,393
Aug 20111,63083.404.15$6,763
Jul 20112,03494.144.52$9,188
Jun 20111,98492.904.64$9,206
May 20112,37898.134.40$10,475
Apr 20111,877105.964.33$8,134
Mar 20112,01596.364.06$8,176
Feb 20111,72385.644.18$7,202
Jan 20112,09086.504.59$9,591
Dec 20102,23885.734.35$9,730
Nov 20102,60080.843.80$9,868
Oct 20101,36678.103.51$4,793
Sep 20101,84972.633.98$7,358
Aug 20102,49373.684.42$11,017
Jul 20102,85572.554.74$13,523
Jun 20103,07570.364.91$15,099
May 20102,66271.124.24$11,274
Apr 20103,04281.694.12$12,541
Mar 20102,33278.394.39$10,234
Feb 20102,63773.585.44$14,352
Jan 20103,58774.365.96$21,393
Dec 20094,32771.445.48$23,728
Nov 20094,46574.593.75$16,750
Oct 20094,65172.544.11$19,117
Sep 20095,16465.543.06$15,826
Aug 20096,24167.423.22$20,087
Jul 20094,51961.133.46$15,656
Jun 20095,80766.163.90$22,618
May 20096,37854.743.93$25,038
Apr 20098,74146.773.59$31,358
Mar 200910,41842.144.06$42,287
Feb 200911,78732.814.63$54,609
Jan 200916,55235.865.37$88,901
Dec 200824,17337.105.98$144,485
Nov 200850,87955.496.86$349,048

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.

Oct 2018 — as filed, then multipliedworked
Gas                  749 Mcf  × $  3.40 =     $2,545

────────────────────────────────────────────────────
Month total                                   $2,545

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/248821 is the state's own key, not one this site invented.