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 266552District 04Field 298012532 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Aug 2012 – May 2026
Value, last 12 filed months
$156 k
at the published price for each month
Months reported
166
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 Gas112013-05-22209505
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
CondensateDisposition2,888 bbl$219,593
GasProduction1,805,951 Mcf$6,248,303
Total$6,467,896

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 26.9637, -99.2684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.96365, -99.26837 · 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
10,360 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 10,360 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-50536570210,360 ftDec 2012

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 (166)

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

166 months

May 202603,344106.413.05$10,185
Apr 202603,22598.932.87$9,255
Mar 202603,02289.753.15$9,518
Feb 202603,04063.503.75$11,401
Jan 202603,51659.138.00$28,121
Dec 202503,69956.664.41$16,325
Nov 202503,45558.593.93$13,566
Oct 202503,79659.383.30$12,545
Sep 202503,58162.743.08$11,018
Aug 202503,59363.933.01$10,832
Jul 202503,65766.743.32$12,124
Jun 202503,55466.483.13$11,119
May 202503,65160.553.23$11,801
Apr 202503,48962.363.54$12,362
Mar 202503,50867.704.27$14,973
Feb 202503,28170.884.34$14,242
Jan 202503,63374.324.28$15,544
Dec 202403,68868.993.12$11,512
Nov 202403,60769.052.20$7,930
Oct 202403,29071.372.28$7,506
Sep 202403,64669.612.36$8,620
Aug 202403,78975.632.06$7,819
Jul 202403,92379.932.15$8,421
Jun 202403,75578.082.63$9,891
May 202403,89078.812.20$8,552
Apr 202403,76284.451.66$6,242
Mar 202403,97780.301.55$6,145
Feb 202403,75076.091.78$6,689
Jan 202404,01173.023.30$13,227
Dec 202304,03171.262.61$10,524
Nov 202304,03277.892.81$11,320
Oct 202304,11185.443.09$12,692
Sep 202303,89589.042.74$10,653
Aug 202304,06580.522.67$10,865
Jul 202304,10374.852.64$10,839
Jun 202304,09568.962.26$9,248
May 202304,27670.622.23$9,524
Apr 202303,94078.122.24$8,817
Mar 202304,29472.852.39$10,276
Feb 202303,69075.112.47$9,098
Jan 202304,10676.533.39$13,910
Dec 202204,20076.415.73$24,062
Nov 202204,06885.005.65$22,969
Oct 202204,41687.185.86$25,894
Sep 202204,20784.888.16$34,345
Aug 202204,37794.529.13$39,950
Jul 202204,347101.587.54$32,785
Jun 202204,557115.097.98$36,352
May 202205,002109.378.43$42,182
Apr 202204,870104.226.84$33,299
Mar 202204,811108.885.08$24,423
Feb 202205,24891.054.86$25,499
Jan 202205,47081.844.54$24,821
Dec 202104,93871.323.90$19,254
Nov 202104,78677.435.24$25,064
Oct 2021855,12579.795.71$36,066
Sep 20211804,93269.865.35$38,966
Aug 202105,07266.024.22$21,407
Jul 202105,27370.783.98$20,998
Jun 202105,24169.493.38$17,718
May 202105,43363.483.02$16,395
Apr 202104,90260.362.76$13,522
Mar 202105,59261.302.72$15,193
Feb 202104,63357.805.55$25,704
Jan 202105,57350.412.81$15,662
Dec 202005,81944.642.68$15,569
Nov 202005,35738.772.71$14,499
Oct 202005,86136.972.48$14,526
Sep 202005,64637.091.99$11,241
Aug 202005,93039.982.39$14,144
Jul 202005,87538.371.83$10,723
Jun 202005,76234.901.69$9,740
May 202006,08916.921.81$11,050
Apr 202005,48214.751.80$9,892
Mar 202005,86930.341.86$10,894
Feb 202005,95449.881.98$11,793
Jan 202006,01557.252.09$12,600
Dec 201906,25159.012.30$14,405
Nov 201906,16755.302.75$16,964
Oct 201906,69153.472.42$16,182
Sep 201905,92755.052.66$15,750
Aug 201906,39753.112.30$14,741
Jul 201906,46056.272.46$15,892
Jun 201906,27652.782.49$15,635
May 201906,68658.482.74$18,322
Apr 201906,38262.632.75$17,555
Mar 201906,64456.803.06$20,345
Feb 201906,11250.852.79$17,066
Jan 201906,87046.033.23$22,178
Dec 201806,95346.594.19$29,101
Nov 201808,06052.934.24$34,152
Oct 201807,25661.443.40$24,656
Sep 201807,34459.543.11$22,825
Aug 201807,43959.403.07$22,812
Jul 201808,10065.142.93$23,748
Jun 201808,19560.183.08$25,215
May 201808,60365.382.90$24,956
Apr 201808,24763.842.90$23,923
Mar 201808,72561.222.79$24,315
Feb 201808,37261.782.77$23,158
Jan 2018010,02762.874.01$40,201
Dec 2017010,14957.272.92$29,651
Nov 201709,95655.423.12$31,046
Oct 2017010,46249.292.98$31,215
Sep 201709,86547.523.09$30,456
Aug 2017010,02545.373.00$30,119
Jul 2017010,26743.873.09$31,697
Jun 2017010,31542.493.09$31,845
May 2017010,40945.373.26$33,969
Apr 2017010,33647.933.21$33,195
Mar 2017010,88046.772.98$32,462
Feb 20171619,78750.452.95$37,020
Jan 2017010,17149.413.42$34,773
Dec 2016010,51548.763.72$39,146
Nov 2016010,33842.492.64$27,337
Oct 2016010,85546.193.09$33,545
Sep 2016010,33341.553.10$32,039
Aug 2016010,68141.442.92$31,235
Jul 2016011,03341.622.92$32,264
Jun 2016011,33845.352.69$30,452
May 2016012,21442.521.99$24,319
Apr 2016011,40636.561.99$22,710
Mar 2016012,29133.011.79$22,050
Feb 2016011,14826.472.06$23,005
Jan 201637413,09827.352.36$41,197
Dec 2015012,97732.362.00$25,972
Nov 2015012,86938.792.17$27,891
Oct 2015013,56943.552.43$32,926
Sep 2015013,41242.992.76$36,996
Aug 2015014,24540.162.87$40,919
Jul 2015014,65148.152.95$43,148
Jun 2015014,46856.152.88$41,709
May 201518916,99755.212.96$60,668
Apr 2015012,92149.822.71$34,972
Mar 2015015,71142.892.93$46,107
Feb 2015014,47244.662.98$43,071
Jan 2015016,51843.433.10$51,216
Dec 2014017,27654.693.59$62,044
Nov 201419217,13670.464.25$86,388
Oct 2014017,15878.303.90$66,933
Sep 2014017,28486.164.05$69,921
Aug 2014018,49689.394.04$74,634
Jul 2014018,77496.564.18$78,468
Jun 2014018,66698.164.74$88,419
May 201418820,32294.734.73$113,862
Apr 2014020,61295.944.81$99,126
Mar 2014023,39795.895.06$118,314
Feb 2014019,05297.406.19$117,970
Jan 201415418,53090.404.86$103,991
Dec 2013023,39091.824.35$101,851
Nov 201319824,87088.853.74$110,563
Oct 2013023,17297.423.78$87,575
Sep 2013025,844104.113.72$96,081
Aug 2013027,455104.253.52$96,713
Jul 201319428,911102.523.72$127,372
Jun 2013029,23394.403.93$114,985
May 2013031,83894.834.15$132,098
Apr 201319032,99693.964.28$159,161
Mar 2013037,50493.623.91$146,748
Feb 201319537,03791.233.42$144,453
Jan 2013046,90191.603.42$160,397
Dec 201219748,44286.773.42$182,773
Nov 2012050,11186.953.62$181,650
Oct 201219764,00889.383.40$235,215
Sep 201219488,28494.672.92$276,014
Aug 2012014,88492.662.91$43,285

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,344 Mcf  × $  3.05 =    $10,185

────────────────────────────────────────────────────
Month total                                  $10,185

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/266552 is the state's own key, not one this site invented.