VOLPE

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 253254District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$422 k
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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 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 Gas112010-04-28197019
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
CondensateDisposition3 bbl$327
GasProduction92,919 Mcf$421,749
Total$422,075

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 26.9320, -99.1497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.93199, -99.14973 · 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
12,013 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 12,013 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-50535356112,013 ftSep 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 (233)

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

233 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 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202230108.885.08$327
Feb 20220091.054.86$0
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 202101069.493.38$34
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 20200036.972.48$0
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 20200014.751.80$0
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201807759.543.11$239
Aug 2018010059.403.07$307
Jul 2018011765.142.93$343
Jun 201806860.183.08$209
May 2018011365.382.90$328
Apr 2018010463.842.90$302
Mar 2018010561.222.79$293
Feb 201809461.782.77$260
Jan 2018010262.874.01$409
Dec 2017010457.272.92$304
Nov 2017015755.423.12$490
Oct 201707849.292.98$233
Sep 201703347.523.09$102
Aug 201705945.373.00$177
Jul 2017016843.873.09$519
Jun 2017016442.493.09$506
May 2017017845.373.26$581
Apr 2017019347.933.21$620
Mar 2017025146.772.98$749
Feb 2017038450.452.95$1,134
Jan 2017088649.413.42$3,029
Dec 2016084648.763.72$3,150
Nov 2016017442.492.64$460
Oct 2016017746.193.09$547
Sep 2016081341.553.10$2,521
Aug 2016025341.442.92$740
Jul 2016019041.622.92$556
Jun 2016018345.352.69$492
May 2016019242.521.99$382
Apr 2016016436.561.99$327
Mar 2016019133.011.79$343
Feb 2016017726.472.06$365
Jan 2016018127.352.36$428
Dec 2015021632.362.00$432
Nov 2015021038.792.17$455
Oct 2015021743.552.43$527
Sep 2015021342.992.76$588
Aug 2015022640.162.87$649
Jul 2015023848.152.95$701
Jun 2015022956.152.88$660
May 2015023955.212.96$706
Apr 2015020949.822.71$566
Mar 2015022642.892.93$663
Feb 2015022344.662.98$664
Jan 2015024543.433.10$760
Dec 2014025254.693.59$905
Nov 2014015370.464.25$651
Oct 2014026478.303.90$1,030
Sep 2014024686.164.05$995
Aug 2014024589.394.04$989
Jul 2014021796.564.18$907
Jun 2014013198.164.74$621
May 2014010294.734.73$482
Apr 2014014595.944.81$697
Mar 2014022095.895.06$1,113
Feb 2014015597.406.19$960
Jan 2014013690.404.86$661
Dec 201309991.824.35$431
Nov 201307888.853.74$292
Oct 2013030397.423.78$1,145
Sep 20130292104.113.72$1,086
Aug 20130309104.253.52$1,088
Jul 20130313102.523.72$1,164
Jun 2013031094.403.93$1,219
May 2013017894.834.15$739
Apr 2013024093.964.28$1,028
Mar 2013032993.623.91$1,287
Feb 2013033391.233.42$1,139
Jan 2013032891.603.42$1,122
Dec 2012021786.773.42$742
Nov 2012025186.953.62$910
Oct 2012027689.383.40$938
Sep 2012021894.672.92$636
Aug 2012016592.662.91$480
Jul 2012022185.133.02$668
Jun 201207979.822.52$199
May 20120091.612.49$0
Apr 20120126101.652.00$252
Mar 20120318105.052.22$707
Feb 2012062101.102.57$159
Jan 2012019698.092.73$536
Dec 2011024296.873.24$784
Nov 2011024295.723.31$801
Oct 2011025384.983.65$923
Sep 2011035483.623.99$1,411
Aug 2011039683.404.15$1,643
Jul 2011042294.144.52$1,906
Jun 2011042292.904.64$1,958
May 2011044098.134.40$1,938
Apr 20110452105.964.33$1,959
Mar 2011049596.364.06$2,008
Feb 201101,38485.644.18$5,785
Jan 201101,04886.504.59$4,809
Dec 2010037485.734.35$1,626
Nov 2010047380.843.80$1,795
Oct 2010035178.103.51$1,232
Sep 201001,07072.633.98$4,258
Aug 201002,18273.684.42$9,643
Jul 201002572.554.74$118
Jun 2010047370.364.91$2,323
May 201001,35071.124.24$5,718
Apr 201002,31381.694.12$9,536
Mar 201003,33278.394.39$14,623
Feb 2010058873.585.44$3,200
Jan 2010051474.365.96$3,066
Dec 2009012171.445.48$664
Nov 200901,99074.593.75$7,465
Oct 200903,89272.544.11$15,997
Sep 200901565.543.06$46
Aug 200903,13867.423.22$10,100
Jul 200903,97361.133.46$13,764
Jun 2009011,31766.163.90$44,080
May 200903,05154.743.93$11,977
Apr 2009021446.773.59$768
Mar 200908,96642.144.06$36,393
Feb 200901,92432.814.63$8,914
Jan 2009015535.865.37$833
Dec 2008025237.105.98$1,506
Nov 200801,78355.496.86$12,232
Oct 200806,43175.246.92$44,515
Sep 200809,218101.767.88$72,611
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0

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.

Mar 2022 — as filed, then multipliedworked
Condensate             3 bbl  × $108.88 =       $327
Gas                    0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                     $327

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/253254 is the state's own key, not one this site invented.