VILLARREAL

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 261878District 04Field 298012532 tax incentive programmesGasSaveExport
Value, all time
$9.2 M
May 2011 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
181
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 Gas112012-06-26205049
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
GasProduction2,658,291 Mcf$9,202,076
Total$9,202,076

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 26.9622, -99.2650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.96215, -99.26501 · 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
11,200 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 11,200 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-505365381411,200 ftMay 2011

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 (181)

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

181 months

May 20262,538106.413.05$7,730
Apr 20262,48798.932.87$7,137
Mar 20262,65789.753.15$8,368
Feb 20262,15963.503.75$8,097
Jan 20262,79459.138.00$22,346
Dec 20252,79456.664.41$12,331
Nov 20252,79358.593.93$10,967
Oct 20253,04959.383.30$10,076
Sep 20252,85562.743.08$8,785
Aug 20253,20563.933.01$9,662
Jul 20253,28466.743.32$10,887
Jun 20253,30266.483.13$10,331
May 20253,49860.553.23$11,307
Apr 20253,13162.363.54$11,094
Mar 20253,22767.704.27$13,774
Feb 20252,96770.884.34$12,879
Jan 20253,36374.324.28$14,389
Dec 20243,37168.993.12$10,522
Nov 20243,30869.052.20$7,272
Oct 20242,93571.372.28$6,696
Sep 20243,04769.612.36$7,204
Aug 20243,22175.632.06$6,647
Jul 20243,60779.932.15$7,743
Jun 20243,41978.082.63$9,006
May 20243,57378.812.20$7,855
Apr 20243,50284.451.66$5,811
Mar 20243,65880.301.55$5,652
Feb 20243,46076.091.78$6,171
Jan 20243,73673.023.30$12,320
Dec 20233,88871.262.61$10,150
Nov 20233,61177.892.81$10,138
Oct 20233,76285.443.09$11,614
Sep 20233,83589.042.74$10,489
Aug 20233,57080.522.67$9,542
Jul 20233,80274.852.64$10,044
Jun 20233,85268.962.26$8,700
May 20233,98070.622.23$8,865
Apr 20233,70078.122.24$8,280
Mar 20233,95272.852.39$9,458
Feb 20233,42875.112.47$8,452
Jan 20233,87076.533.39$13,110
Dec 20223,90476.415.73$22,366
Nov 20223,72085.005.65$21,004
Oct 20224,03087.185.86$23,631
Sep 20223,95584.888.16$32,287
Aug 20224,10794.529.13$37,485
Jul 20224,342101.587.54$32,748
Jun 20224,225115.097.98$33,704
May 20224,205109.378.43$35,461
Apr 20224,732104.226.84$32,356
Mar 20224,685108.885.08$23,783
Feb 20224,91891.054.86$23,896
Jan 20225,10481.844.54$23,160
Dec 20214,74471.323.90$18,497
Nov 20214,56577.435.24$23,906
Oct 20214,75579.795.71$27,169
Sep 20214,51569.865.35$24,159
Aug 20214,89266.024.22$20,647
Jul 20215,02870.783.98$20,022
Jun 20214,92269.493.38$16,639
May 20215,24563.483.02$15,828
Apr 20214,70160.362.76$12,967
Mar 20215,24161.302.72$14,239
Feb 20214,32457.805.55$23,989
Jan 20215,11550.412.81$14,375
Dec 20205,14244.642.68$13,757
Nov 20204,94538.772.71$13,384
Oct 20205,36036.972.48$13,284
Sep 20205,19437.091.99$10,341
Aug 20205,08239.982.39$12,121
Jul 20205,49338.371.83$10,025
Jun 20205,48834.901.69$9,276
May 20205,82316.921.81$10,567
Apr 20205,02214.751.80$9,062
Mar 20205,45730.341.86$10,129
Feb 20205,34549.881.98$10,587
Jan 20205,82857.252.09$12,208
Dec 20196,02359.012.30$13,879
Nov 20195,75055.302.75$15,817
Oct 20196,02753.472.42$14,577
Sep 20196,02255.052.66$16,002
Aug 20196,36553.112.30$14,667
Jul 20196,80256.272.46$16,733
Jun 20195,43352.782.49$13,535
May 20196,53558.482.74$17,908
Apr 20196,33562.632.75$17,426
Mar 20196,42156.803.06$19,662
Feb 20195,99250.852.79$16,731
Jan 20196,85946.033.23$22,142
Dec 20186,63046.594.19$27,749
Nov 20187,47152.934.24$31,656
Oct 20186,84261.443.40$23,250
Sep 20186,90759.543.11$21,467
Aug 20187,05959.403.07$21,647
Jul 20187,94765.142.93$23,300
Jun 20187,69660.183.08$23,680
May 20188,21365.382.90$23,824
Apr 20188,18163.842.90$23,731
Mar 20188,38361.222.79$23,362
Feb 20187,89261.782.77$21,830
Jan 20189,52862.874.01$38,201
Dec 20179,68757.272.92$28,301
Nov 20179,43255.423.12$29,412
Oct 20179,89349.292.98$29,518
Sep 20179,31047.523.09$28,743
Aug 20179,57045.373.00$28,752
Jul 20179,70343.873.09$29,956
Jun 20179,81642.493.09$30,305
May 20179,88445.373.26$32,255
Apr 20179,91947.933.21$31,856
Mar 201710,46246.772.98$31,215
Feb 20179,48450.452.95$28,002
Jan 20179,73749.413.42$33,289
Dec 201610,20448.763.72$37,988
Nov 201610,01842.492.64$26,491
Oct 201610,58946.193.09$32,723
Sep 20169,98641.553.10$30,963
Aug 201610,41041.442.92$30,442
Jul 201610,82841.622.92$31,665
Jun 201611,10945.352.69$29,837
May 201611,10842.521.99$22,116
Apr 201611,08536.561.99$22,071
Mar 201611,83733.011.79$21,236
Feb 201610,91526.472.06$22,525
Jan 201612,68027.352.36$29,980
Dec 201512,81632.362.00$25,650
Nov 201512,68238.792.17$27,486
Oct 201512,74743.552.43$30,932
Sep 201513,31542.992.76$36,728
Aug 201514,07140.162.87$40,419
Jul 201514,19948.152.95$41,817
Jun 201514,25356.152.88$41,089
May 201516,87455.212.96$49,870
Apr 201512,57049.822.71$34,022
Mar 201515,75242.892.93$46,228
Feb 201514,48944.662.98$43,122
Jan 201515,23343.433.10$47,232
Dec 201418,14054.693.59$65,147
Nov 201416,46270.464.25$69,994
Oct 201415,47578.303.90$60,367
Sep 201416,34686.164.05$66,127
Aug 201417,66989.394.04$71,297
Jul 201417,64396.564.18$73,741
Jun 201416,67298.164.74$78,973
May 201420,13394.734.73$95,160
Apr 201419,48095.944.81$93,682
Mar 201422,22395.895.06$112,377
Feb 201420,05297.406.19$124,162
Jan 201416,60090.404.86$80,688
Dec 201320,97391.824.35$91,327
Nov 201321,68888.853.74$81,076
Oct 201320,72197.423.78$78,312
Sep 201323,820104.113.72$88,557
Aug 201322,726104.253.52$80,055
Jul 201325,210102.523.72$93,724
Jun 201322,48594.403.93$88,443
May 201325,45894.834.15$105,627
Apr 201327,74193.964.28$118,803
Mar 201330,77393.623.91$120,411
Feb 201331,29691.233.42$107,030
Jan 201333,35391.603.42$114,064
Dec 201235,81086.773.42$122,476
Nov 201234,52486.953.62$125,148
Oct 201238,05689.383.40$129,378
Sep 201239,85994.672.92$116,325
Aug 201242,42892.662.91$123,387
Jul 201243,06485.133.02$130,088
Jun 201243,42479.822.52$109,387
May 201250,61091.612.49$125,934
Apr 201253,677101.652.00$107,182
Mar 201260,543105.052.22$134,531
Feb 201260,482101.102.57$155,453
Jan 201261,32898.092.73$167,676
Dec 201167,98596.873.24$220,254
Nov 201174,01995.723.31$245,098
Oct 201188,74984.983.65$323,804
Sep 201194,67083.623.99$377,336
Aug 2011129,15983.404.15$535,922
Jul 2011123,60294.144.52$558,340
Jun 201193,02792.904.64$431,634
May 20115,81398.134.40$25,605

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.

May 2026 — as filed, then multipliedworked
Gas                2,538 Mcf  × $  3.05 =     $7,730

────────────────────────────────────────────────────
Month total                                   $7,730

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/261878 is the state's own key, not one this site invented.