OLIVAREZ, M.L. ET AL GAS UNIT

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

Gas lease lease 271608District 04Field 881031002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Nov 2013 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
151
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 142 leases and 144 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Oil and 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 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: BE 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 Gas112014-04-16212926
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
CondensateDisposition28,305 bbl$2,040,515
GasProduction1,229,665 Mcf$4,673,614
Total$6,714,130

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 26.2354, -98.4432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.23544, -98.44320 · 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
11,029 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 11,029 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-21534105411,029 ftNov 2013

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 (151)

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

151 months

May 20260887106.413.05$2,702
Apr 20261551,88498.932.87$20,741
Mar 202602,00189.753.15$6,302
Feb 202601,75363.503.75$6,574
Jan 20261841,94759.138.00$26,452
Dec 202501,98756.664.41$8,769
Nov 202501,95758.593.93$7,684
Oct 202502,03659.383.30$6,729
Sep 20251802,01262.743.08$17,484
Aug 202502,11063.933.01$6,361
Jul 202502,09166.743.32$6,932
Jun 202502,02266.483.13$6,326
May 20251772,04060.553.23$17,311
Apr 202502,00262.363.54$7,093
Mar 20251822,13467.704.27$21,430
Feb 202501,81070.884.34$7,857
Jan 2025011174.324.28$475
Dec 202401,87868.993.12$5,862
Nov 20241821,95669.052.20$16,867
Oct 202401,88571.372.28$4,300
Sep 202401,82869.612.36$4,322
Aug 202401,95875.632.06$4,041
Jul 202401,98579.932.15$4,261
Jun 20241832,07578.082.63$19,754
May 202401,70278.812.20$3,742
Apr 202401,94084.451.66$3,219
Mar 20241892,04680.301.55$18,338
Feb 202401,96376.091.78$3,501
Jan 202402,16273.023.30$7,130
Dec 202302,13171.262.61$5,563
Nov 202302,12477.892.81$5,963
Oct 202302,23785.443.09$6,906
Sep 202302,12889.042.74$5,820
Aug 20231892,19980.522.67$21,096
Jul 202302,21874.852.64$5,860
Jun 202302,26868.962.26$5,122
May 20231842,26270.622.23$18,032
Apr 202302,23778.122.24$5,006
Mar 202302,15672.852.39$5,160
Feb 20231912,09775.112.47$19,517
Jan 202302,49776.533.39$8,459
Dec 202202,46276.415.73$14,105
Nov 20221772,45485.005.65$28,901
Oct 202202,47687.185.86$14,519
Sep 202202,34984.888.16$19,176
Aug 202202,53094.529.13$23,092
Jul 202202,594101.587.54$19,564
Jun 20221832,509115.097.98$41,076
May 202202,591109.378.43$21,850
Apr 202202,551104.226.84$17,443
Mar 20221882,670108.885.08$34,023
Feb 202202,44391.054.86$11,870
Jan 20221872,76981.844.54$27,869
Dec 202102,77771.323.90$10,828
Nov 20211892,67577.435.24$28,643
Oct 202102,90279.795.71$16,582
Sep 20211882,92169.865.35$28,764
Aug 202102,76566.024.22$11,670
Jul 202102,48770.783.98$9,903
Jun 202102,69969.493.38$9,124
May 202102,64163.483.02$7,970
Apr 20211802,79260.362.76$18,566
Mar 202102,76061.302.72$7,499
Feb 202102,69757.805.55$14,963
Jan 20211863,08850.412.81$18,054
Dec 202003,22744.642.68$8,634
Nov 20201863,16138.772.71$15,767
Oct 202003,29936.972.48$8,176
Sep 202003,35537.091.99$6,680
Aug 20201833,55239.982.39$15,788
Jul 202003,51038.371.83$6,406
Jun 20201853,48134.901.69$12,340
May 202003,53916.921.81$6,422
Apr 20201843,41714.751.80$8,880
Mar 20201823,59330.341.86$12,191
Feb 202003,49249.881.98$6,917
Jan 20201853,78357.252.09$18,516
Dec 201903,83459.012.30$8,835
Nov 20191863,75455.302.75$20,612
Oct 201903,93153.472.42$9,507
Sep 20191903,87355.052.66$20,751
Aug 201903,91853.112.30$9,028
Jul 20191754,26656.272.46$20,342
Jun 20191864,06952.782.49$19,954
May 201904,31858.482.74$11,833
Apr 201904,13562.632.75$11,374
Mar 20191933,81256.803.06$22,635
Feb 20191913,91750.852.79$20,649
Jan 201904,38146.033.23$14,143
Dec 20181934,54746.594.19$28,023
Nov 20181964,25752.934.24$28,412
Oct 201804,68561.443.40$15,920
Sep 20181884,91959.543.11$26,482
Aug 201805,13759.403.07$15,753
Jul 20181925,22565.142.93$27,826
Jun 20181875,08760.183.08$26,906
May 20181935,34965.382.90$28,135
Apr 201805,33163.842.90$15,464
Mar 20181905,46161.222.79$26,851
Feb 201805,35261.782.77$14,804
Jan 20181955,67462.874.01$35,009
Dec 20171935,71157.272.92$27,738
Nov 20171925,86655.423.12$28,933
Oct 201705,90849.292.98$17,628
Sep 20171957,07147.523.09$31,097
Aug 201705,52845.373.00$16,608
Jul 20171937,32443.873.09$31,078
Jun 20171936,79242.493.09$29,169
May 20171947,48845.373.26$33,238
Apr 201707,65347.933.21$24,578
Mar 20171818,14946.772.98$32,779
Feb 20171847,29050.452.95$30,807
Jan 20171887,95749.413.42$36,492
Dec 20161967,97848.763.72$39,258
Nov 20161927,98142.492.64$29,263
Oct 20161958,80446.193.09$36,214
Sep 201608,81141.553.10$27,320
Aug 20161888,95941.442.92$33,990
Jul 20161939,97041.622.92$37,188
Jun 201619410,10245.352.69$35,930
May 201619510,88042.521.99$29,954
Apr 201617810,83136.561.99$28,073
Mar 201637811,55033.011.79$33,199
Feb 201619710,56826.472.06$27,023
Jan 201619411,55527.352.36$32,626
Dec 201519811,39132.362.00$29,205
Nov 201519511,58638.792.17$32,675
Oct 201519511,22143.552.43$35,721
Sep 201538011,75642.992.76$48,764
Aug 201519012,10940.162.87$42,413
Jul 201519412,68648.152.95$46,702
Jun 201538812,39056.152.88$57,505
May 201518113,05955.212.96$48,588
Apr 201538813,99549.822.71$57,209
Mar 201519017,87142.892.93$60,595
Feb 201519516,18444.662.98$56,875
Jan 201557319,79243.433.10$86,253
Dec 201419320,47654.693.59$84,092
Nov 201438221,96370.464.25$120,299
Oct 201437525,15778.303.90$127,499
Sep 201458330,05686.164.05$171,821
Aug 201457533,23989.394.04$185,523
Jul 201454332,79196.564.18$189,485
Jun 201466439,94098.164.74$254,369
May 201495446,83494.734.73$311,736
Apr 201495952,35995.944.81$343,807
Mar 20141,23863,98795.895.06$442,281
Feb 20141,32359,41297.406.19$496,739
Jan 20142,83377,83990.404.86$634,457
Dec 20132,97657,67891.824.35$524,414
Nov 20131938,20988.853.74$47,836

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                  887 Mcf  × $  3.05 =     $2,702

────────────────────────────────────────────────────
Month total                                   $2,702

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/271608 is the state's own key, not one this site invented.