LAS PALOMAS

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

Gas lease lease 254678District 04Field 398181752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-04-10.

The Commission's schedule remark for this field reads: SPACING AND ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112010-11-17197765
NGPA2none

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
CondensateDisposition805 bbl$67,491
GasProduction234,853 Mcf$1,562,146
Total$1,629,637

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 26.9110, -99.1087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.91100, -99.10872 · 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
14,125 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 14,125 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-50535505514,125 ftApr 2007

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 (230)

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

230 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 202200108.885.08$0
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 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 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 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
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 20167027.352.36$191
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201401496.564.18$59
Jun 201403098.164.74$142
May 201403094.734.73$142
Apr 201407295.944.81$346
Mar 201406595.895.06$329
Feb 2014013297.406.19$817
Jan 2014017090.404.86$826
Dec 2013012591.824.35$544
Nov 2013016188.853.74$602
Oct 2013019997.423.78$752
Sep 20130176104.113.72$654
Aug 20130201104.253.52$708
Jul 20130230102.523.72$855
Jun 2013031394.403.93$1,231
May 2013050294.834.15$2,083
Apr 2013018993.964.28$809
Mar 2013029693.623.91$1,158
Feb 2013042191.233.42$1,440
Jan 2013057691.603.42$1,970
Dec 2012036286.773.42$1,238
Nov 2012013886.953.62$500
Oct 2012015489.383.40$524
Sep 2012029894.672.92$870
Aug 2012057892.662.91$1,681
Jul 2012054085.133.02$1,631
Jun 20123664479.822.52$4,496
May 2012071591.612.49$1,779
Apr 20120331101.652.00$661
Mar 20120623105.052.22$1,384
Feb 20120646101.102.57$1,660
Jan 2012063798.092.73$1,742
Dec 2011065496.873.24$2,119
Nov 2011074695.723.31$2,470
Oct 2011069784.983.65$2,543
Sep 2011095283.623.99$3,794
Aug 2011098083.404.15$4,066
Jul 2011096694.144.52$4,364
Jun 201101,34692.904.64$6,245
May 201101,02998.134.40$4,533
Apr 20110990105.964.33$4,290
Mar 201101,04996.364.06$4,256
Feb 2011086485.644.18$3,612
Jan 201101,10286.504.59$5,057
Dec 201001,05485.734.35$4,583
Nov 201001,32480.843.80$5,025
Oct 201001,26078.103.51$4,421
Sep 201001,42772.633.98$5,679
Aug 201001,32673.684.42$5,860
Jul 201001,40272.554.74$6,641
Jun 201001,30370.364.91$6,398
May 201001,47871.124.24$6,260
Apr 201001,51681.694.12$6,250
Mar 201001,92478.394.39$8,444
Feb 201001,65173.585.44$8,985
Jan 201002,04274.365.96$12,179
Dec 200902,04571.445.48$11,214
Nov 200902,32774.593.75$8,730
Oct 200902,71272.544.11$11,147
Sep 200902,90765.543.06$8,909
Aug 200903,59567.423.22$11,571
Jul 200903,99961.133.46$13,855
Jun 200905,59366.163.90$21,785
May 2009314,56954.743.93$19,634
Apr 200903,60046.773.59$12,915
Mar 200902,83042.144.06$11,487
Feb 2009032932.814.63$1,524
Jan 2009053735.865.37$2,884
Dec 2008039637.105.98$2,367
Nov 2008053855.496.86$3,691
Oct 2008093375.246.92$6,458
Sep 200802,906101.767.88$22,891
Aug 200804,067114.228.48$34,500
Jul 200804,812131.0811.39$54,806
Jun 20081334,795131.3313.03$79,958
May 200803,173123.1711.57$36,725
Apr 200803,311110.3110.45$34,616
Mar 200804,401101.909.66$42,532
Feb 200804,35492.538.77$38,187
Jan 200804,83490.388.21$39,667
Dec 20071922,90388.337.30$38,157
Nov 200705,81091.677.29$42,365
Oct 200707,37282.856.92$51,029
Sep 200719410,15075.846.24$78,091
Aug 2007012,52769.066.39$80,022
Jul 20078913,37070.906.39$91,717
Jun 2007016,38562.007.55$123,681
May 20076022,01458.747.85$176,252
Apr 20076332,10959.617.81$254,373

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 2016 — as filed, then multipliedworked
Condensate             7 bbl  × $ 27.35 =       $191
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $191

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/254678 is the state's own key, not one this site invented.