PENA-CUEVA GU

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

Gas lease lease 253088District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Mar 2009 – May 2026
Value, last 12 filed months
$598
at the published price for each month
Months reported
207
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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered
1998-10-21
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 Gas112010-11-17199993
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
CondensateDisposition2,121 bbl$129,147
GasProduction1,479,508 Mcf$5,483,037
Total$5,612,184

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 27.4592, -99.0888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45924, -99.08882 · 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
9,536 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 9,536 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-4794048429,536 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 (207)

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

207 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 202501658.593.93$63
Oct 202502359.383.30$76
Sep 202504362.743.08$132
Aug 202503563.933.01$106
Jul 202506166.743.32$202
Jun 20250666.483.13$19
May 202505860.553.23$187
Apr 202503062.363.54$106
Mar 202503167.704.27$132
Feb 20250070.884.34$0
Jan 202507474.324.28$317
Dec 202405968.993.12$184
Nov 202403969.052.20$86
Oct 202404871.372.28$110
Sep 202402669.612.36$61
Aug 202404275.632.06$87
Jul 202403579.932.15$75
Jun 202402578.082.63$66
May 202404678.812.20$101
Apr 202403584.451.66$58
Mar 202405480.301.55$83
Feb 202405876.091.78$103
Jan 202408673.023.30$284
Dec 20230671.262.61$16
Nov 202301177.892.81$31
Oct 20230085.443.09$0
Sep 202301289.042.74$33
Aug 20230880.522.67$21
Jul 20230074.852.64$0
Jun 202301268.962.26$27
May 202301070.622.23$22
Apr 202302178.122.24$47
Mar 202301672.852.39$38
Feb 202303575.112.47$86
Jan 202304676.533.39$156
Dec 20220076.415.73$0
Nov 202202385.005.65$130
Oct 202202587.185.86$147
Sep 202202784.888.16$220
Aug 202204994.529.13$447
Jul 2022014101.587.54$106
Jun 2022016115.097.98$128
May 2022048109.378.43$405
Apr 2022029104.226.84$198
Mar 2022046108.885.08$234
Feb 202202291.054.86$107
Jan 20220281.844.54$9
Dec 20210071.323.90$0
Nov 20210277.435.24$10
Oct 20210079.795.71$0
Sep 202125269.865.35$1,757
Aug 202101066.024.22$42
Jul 202101,40970.783.98$5,611
Jun 202102,94869.493.38$9,966
May 202103,01463.483.02$9,095
Apr 202103,06760.362.76$8,460
Mar 202103,14761.302.72$8,550
Feb 2021432,67557.805.55$17,326
Jan 202103,20450.412.81$9,004
Dec 202003,20644.642.68$8,578
Nov 202003,12038.772.71$8,445
Oct 202003,31136.972.48$8,206
Sep 2020303,24137.091.99$7,566
Aug 202003,34439.982.39$7,976
Jul 202003,33738.371.83$6,090
Jun 202003,23034.901.69$5,460
May 202003,35016.921.81$6,079
Apr 2020813,26214.751.80$7,081
Mar 202003,45130.341.86$6,406
Feb 202003,21049.881.98$6,358
Jan 202003,46457.252.09$7,256
Dec 201903,28159.012.30$7,561
Nov 201983,25155.302.75$9,385
Oct 201903,52553.472.42$8,525
Sep 2019243,43355.052.66$10,444
Aug 201903,63453.112.30$8,374
Jul 201903,64756.272.46$8,972
Jun 201903,61052.782.49$8,993
May 201903,81758.482.74$10,460
Apr 2019333,65462.632.75$12,118
Mar 201903,69556.803.06$11,314
Feb 201903,43750.852.79$9,597
Jan 201903,73846.033.23$12,067
Dec 201803,41946.594.19$14,310
Nov 201803,26952.934.24$13,852
Oct 2018293,71361.443.40$14,399
Sep 201803,55059.543.11$11,033
Aug 201803,65759.403.07$11,214
Jul 201803,63665.142.93$10,660
Jun 2018133,69560.183.08$12,152
May 201804,20665.382.90$12,201
Apr 201804,27363.842.90$12,395
Mar 2018224,53061.222.79$13,971
Feb 201804,03061.782.77$11,147
Jan 2018254,66162.874.01$20,259
Dec 201704,70857.272.92$13,755
Nov 201704,85455.423.12$15,137
Oct 201704,71849.292.98$14,077
Sep 2017704,50947.523.09$17,247
Aug 201704,63445.373.00$13,922
Jul 2017724,59743.873.09$17,351
Jun 201704,83342.493.09$14,921
May 201704,88245.373.26$15,932
Apr 201704,72147.933.21$15,162
Mar 201705,22246.772.98$15,581
Feb 2017104,59450.452.95$14,069
Jan 201705,36049.413.42$18,325
Dec 2016574,72448.763.72$20,366
Nov 201604,66142.492.64$12,325
Oct 201604,95746.193.09$15,318
Sep 20161584,59141.553.10$20,800
Aug 201605,06141.442.92$14,800
Jul 201605,59941.622.92$16,373
Jun 201605,28745.352.69$14,200
May 201605,16542.521.99$10,284
Apr 201604,96136.561.99$9,878
Mar 201605,27433.011.79$9,462
Feb 201605,02526.472.06$10,370
Jan 2016735,49427.352.36$14,986
Dec 201504,86832.362.00$9,743
Nov 201505,33638.792.17$11,565
Oct 201505,61743.552.43$13,630
Sep 201505,42242.992.76$14,956
Aug 201505,84540.162.87$16,790
Jul 201506,12448.152.95$18,036
Jun 201505,83456.152.88$16,819
May 201506,07255.212.96$17,945
Apr 201505,16549.822.71$13,979
Mar 201505,62742.892.93$16,514
Feb 201505,34844.662.98$15,917
Jan 201505,64443.433.10$17,500
Dec 201405,98054.693.59$21,476
Nov 201405,67870.464.25$24,142
Oct 201405,72978.303.90$22,349
Sep 201406,06986.164.05$24,552
Aug 2014444,48189.394.04$22,015
Jul 201406,27096.564.18$26,206
Jun 201406,32598.164.74$29,961
May 201406,80294.734.73$32,150
Apr 201406,81595.944.81$32,774
Mar 201405,61195.895.06$28,374
Feb 201406,27897.406.19$38,873
Jan 201407,74090.404.86$37,622
Dec 201308,38191.824.35$36,495
Nov 20131957,18988.853.74$44,200
Oct 201308,55497.423.78$32,329
Sep 201308,276104.113.72$30,768
Aug 201309,326104.253.52$32,852
Jul 201309,490102.523.72$35,281
Jun 2013010,33294.403.93$40,640
May 2013011,34994.834.15$47,088
Apr 2013011,66293.964.28$49,944
Mar 2013012,65293.623.91$49,506
Feb 2013012,79691.233.42$43,761
Jan 2013016,84391.603.42$57,602
Dec 2012017,68986.773.42$60,499
Nov 2012010,60986.953.62$38,457
Oct 201206,47989.383.40$22,027
Sep 201208,67994.672.92$25,329
Aug 2012010,14292.662.91$29,495
Jul 201204,48585.133.02$13,548
Jun 201205,79679.822.52$14,600
May 201206,85191.612.49$17,047
Apr 201208,314101.652.00$16,601
Mar 201203,230105.052.22$7,177
Feb 201206,798101.102.57$17,472
Jan 201208,86098.092.73$24,224
Dec 2011758,85396.873.24$35,947
Nov 201106,31895.723.31$20,921
Oct 201108,37284.983.65$30,546
Sep 2011010,08183.623.99$40,181
Aug 2011010,56283.404.15$43,825
Jul 2011012,31894.144.52$55,643
Jun 20117013,67792.904.64$69,963
May 2011013,32398.134.40$58,685
Apr 2011014,314105.964.33$62,027
Mar 2011013,68996.364.06$55,541
Feb 2011012,77885.644.18$53,412
Jan 201110314,39186.504.59$74,947
Dec 2010015,23885.734.35$66,251
Nov 20103514,92880.843.80$59,486
Oct 2010018,19278.103.51$63,834
Sep 2010019,39372.633.98$77,174
Aug 2010018,37973.684.42$81,223
Jul 2010015,07672.554.74$71,407
Jun 2010015,21370.364.91$74,702
May 201016516,73271.124.24$82,599
Apr 2010018,12681.694.12$74,728
Mar 2010021,71378.394.39$95,291
Feb 2010022,20973.585.44$120,869
Jan 2010027,11474.365.96$161,710
Dec 2009028,71871.445.48$157,482
Nov 2009029,82074.593.75$111,870
Oct 2009033,27572.544.11$136,769
Sep 2009035,48765.543.06$108,759
Aug 2009040,27667.423.22$129,628
Jul 200914648,13561.133.46$175,689
Jun 200917844,85166.163.90$186,471
May 2009068,16254.743.93$267,587
Apr 200933793,12946.773.59$349,862
Mar 2009063,00042.144.06$255,717

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                   16 Mcf  × $  3.93 =        $63

────────────────────────────────────────────────────
Month total                                      $63

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/253088 is the state's own key, not one this site invented.