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VILLARREAL

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

Gas lease lease 260745District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$227 k
Jun 2010 – May 2026
Value, last 12 filed months
$105
at the published price for each month
Months reported
192
no gaps in the span
Streams
2
condensate, gas

The BENAVIDES (LOBO CONS.) field

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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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 Gas112012-11-06207661
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
CondensateDisposition379 bbl$26,271
GasProduction59,447 Mcf$200,757
Total$227,028

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 27.5247, -99.1657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52467, -99.16569 · 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
8,700 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 8,700 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-4794079028,700 ftJun 2010——

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 (192)

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

192 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260189.753.15$3
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502356.664.41$102
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 202504070.884.34$174
Jan 2025028674.324.28$1,224
Dec 20240068.993.12$0
Nov 202485469.052.20$5,878
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240175.632.06$2
Jul 202409879.932.15$210
Jun 2024163078.082.63$12,727
May 202407978.812.20$174
Apr 202409584.451.66$158
Mar 2024022780.301.55$351
Feb 2024017276.091.78$307
Jan 2024027873.023.30$917
Dec 2023025971.262.61$676
Nov 20230777.892.81$20
Oct 202302985.443.09$90
Sep 2023023689.042.74$645
Aug 2023020380.522.67$543
Jul 2023027874.852.64$734
Jun 2023023968.962.26$540
May 2023028870.622.23$641
Apr 2023021678.122.24$483
Mar 2023022272.852.39$531
Feb 2023019875.112.47$488
Jan 2023021776.533.39$735
Dec 2022021776.415.73$1,243
Nov 2022019685.005.65$1,107
Oct 202205387.185.86$311
Sep 2022026784.888.16$2,180
Aug 2022019694.529.13$1,789
Jul 20220184101.587.54$1,388
Jun 20220180115.097.98$1,436
May 20220191109.378.43$1,611
Apr 20220186104.226.84$1,272
Mar 20220183108.885.08$929
Feb 2022016591.054.86$802
Jan 2022018581.844.54$839
Dec 2021018871.323.90$733
Nov 2021020577.435.24$1,074
Oct 2021021179.795.71$1,206
Sep 2021021269.865.35$1,134
Aug 2021023266.024.22$979
Jul 2021024970.783.98$992
Jun 2021024669.493.38$832
May 2021027263.483.02$821
Apr 2021028760.362.76$792
Mar 2021026261.302.72$712
Feb 2021028657.805.55$1,587
Jan 2021023450.412.81$658
Dec 2020028644.642.68$765
Nov 2020022538.772.71$609
Oct 2020027736.972.48$687
Sep 2020027037.091.99$538
Aug 2020029439.982.39$701
Jul 2020028738.371.83$524
Jun 2020029234.901.69$494
May 2020031616.921.81$573
Apr 2020029014.751.80$523
Mar 2020030130.341.86$559
Feb 2020029649.881.98$586
Jan 2020028557.252.09$597
Dec 2019019659.012.30$452
Nov 2019018955.302.75$520
Oct 2019017953.472.42$433
Sep 2019020355.052.66$539
Aug 2019019253.112.30$442
Jul 2019022056.272.46$541
Jun 2019020452.782.49$508
May 2019024458.482.74$669
Apr 2019024862.632.75$682
Mar 2019024556.803.06$750
Feb 2019026550.852.79$740
Jan 2019034646.033.23$1,117
Dec 20180046.594.19$0
Nov 2018023952.934.24$1,013
Oct 2018026961.443.40$914
Sep 2018032659.543.11$1,013
Aug 2018035159.403.07$1,076
Jul 2018035865.142.93$1,050
Jun 2018036760.183.08$1,129
May 2018027165.382.90$786
Apr 2018026863.842.90$777
Mar 2018029761.222.79$828
Feb 2018027461.782.77$758
Jan 2018031062.874.01$1,243
Dec 2017033257.272.92$970
Nov 2017035555.423.12$1,107
Oct 2017031049.292.98$925
Sep 2017031447.523.09$969
Aug 2017079945.373.00$2,401
Jul 2017030443.873.09$939
Jun 2017030842.493.09$951
May 2017036945.373.26$1,204
Apr 2017027947.933.21$896
Mar 2017031846.772.98$949
Feb 2017032550.452.95$960
Jan 2017032849.413.42$1,121
Dec 2016030248.763.72$1,124
Nov 2016030642.492.64$809
Oct 2016032846.193.09$1,014
Sep 2016032941.553.10$1,020
Aug 2016046041.442.92$1,345
Jul 2016019641.622.92$573
Jun 2016027445.352.69$736
May 2016032342.521.99$643
Apr 2016032136.561.99$639
Mar 2016332933.011.79$689
Feb 2016031626.472.06$652
Jan 2016025027.352.36$591
Dec 2015033732.362.00$674
Nov 20152416638.792.17$1,291
Oct 2015042043.552.43$1,019
Sep 20151349242.992.76$1,916
Aug 2015072240.162.87$2,074
Jul 20153378448.152.95$3,898
Jun 2015281,40256.152.88$5,614
May 2015088055.212.96$2,601
Apr 201501,68449.822.71$4,558
Mar 201501,23242.892.93$3,616
Feb 2015062744.662.98$1,866
Jan 2015082943.433.10$2,570
Dec 2014095954.693.59$3,444
Nov 2014070670.464.25$3,002
Oct 2014082178.303.90$3,203
Sep 2014045186.164.05$1,824
Aug 2014032589.394.04$1,311
Jul 2014026596.564.18$1,108
Jun 2014036798.164.74$1,738
May 2014024494.734.73$1,153
Apr 2014038395.944.81$1,842
Mar 2014026795.895.06$1,350
Feb 2014023197.406.19$1,430
Jan 2014025490.404.86$1,235
Dec 2013033791.824.35$1,467
Nov 2013029288.853.74$1,092
Oct 2013041397.423.78$1,561
Sep 20130255104.113.72$948
Aug 20130360104.253.52$1,268
Jul 20130339102.523.72$1,260
Jun 2013030394.403.93$1,192
May 2013051394.834.15$2,128
Apr 2013032393.964.28$1,383
Mar 2013466793.623.91$2,984
Feb 2013032091.233.42$1,094
Jan 2013047991.603.42$1,638
Dec 2012056586.773.42$1,932
Nov 2012046286.953.62$1,675
Oct 2012049289.383.40$1,673
Sep 2012041994.672.92$1,223
Aug 2012040292.662.91$1,169
Jul 2012037685.133.02$1,136
Jun 2012035579.822.52$894
May 2012045391.612.49$1,127
Apr 20120530101.652.00$1,058
Mar 20120479105.052.22$1,064
Feb 20120450101.102.57$1,157
Jan 20122638898.092.73$3,611
Dec 2011045696.873.24$1,477
Nov 2011040495.723.31$1,338
Oct 2011043484.983.65$1,583
Sep 2011043383.623.99$1,726
Aug 2011039983.404.15$1,656
Jul 2011043794.144.52$1,974
Jun 2011048792.904.64$2,260
May 2011052298.134.40$2,299
Apr 20110500105.964.33$2,167
Mar 2011052796.364.06$2,138
Feb 2011046585.644.18$1,944
Jan 2011053786.504.59$2,464
Dec 2010055885.734.35$2,426
Nov 2010055780.843.80$2,114
Oct 2010053278.103.51$1,867
Sep 2010049672.633.98$1,974
Aug 2010054573.684.42$2,409
Jul 20100072.554.74$0
Jun 20100070.364.91$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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    1 Mcf  × $  3.15 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/260745 is the state's own key, not one this site invented.