MineralRecord
Log inSign up

OLIVAREZ UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the EL STAGGS (7330) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282832District 04Field 28180500ST-1 filingCondensateGasSaveExport
Value, all time
$4.1 M
Sep 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
129
no gaps in the span
Streams
2
condensate, gas

The EL STAGGS (7330) 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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1976-07-28
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 2003-09-09.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRTIVELY EFFECTIVE 4/1/93. TMH”

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
ST-11none—232045

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
CondensateDisposition9,325 bbl$415,254
GasProduction1,346,408 Mcf$3,726,854
Total$4,142,108

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 26.7090, -98.3456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.70895, -98.34564 · 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
11,347 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 11,347 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-21533712311,347 ftSep 2015——

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 (129)

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

129 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 20221191.054.86$96
Jan 2022802181.844.54$6,642
Dec 202134271.323.90$378
Nov 202126577.435.24$2,039
Oct 20211031779.795.71$8,316
Sep 2021175669.865.35$1,487
Aug 202103,08066.024.22$12,999
Jul 20211968,13970.783.98$46,283
Jun 202108,69069.493.38$29,378
May 20211310,14163.483.02$31,427
Apr 202119211,16460.362.76$42,384
Mar 2021014,12261.302.72$38,369
Feb 202118612,88157.805.55$82,214
Jan 2021919,64950.412.81$55,673
Dec 202004,27544.642.68$11,438
Nov 2020323238.772.71$744
Oct 2020033936.972.48$840
Sep 2020020237.091.99$402
Aug 202003939.982.39$93
Jul 202082,51238.371.83$4,892
Jun 202004,47234.901.69$7,559
May 202008,00716.921.81$14,531
Apr 20201777,25714.751.80$15,705
Mar 2020109,32830.341.86$17,618
Feb 2020107,39249.881.98$15,140
Jan 202010057.252.09$573
Dec 20191948,74259.012.30$31,593
Nov 2019139,96755.302.75$28,135
Oct 2019011,37753.472.42$27,516
Sep 20191111,85555.052.66$32,108
Aug 2019013,37753.112.30$30,825
Jul 201973,45756.272.46$8,898
Jun 20191923,87652.782.49$19,790
May 201909,50858.482.74$26,055
Apr 2019119,28062.632.75$26,215
Mar 2019117,21656.803.06$22,721
Feb 2019178,19450.852.79$23,744
Jan 201920810,75846.033.23$44,303
Dec 2018012,29646.594.19$51,464
Nov 20181012,14052.934.24$51,969
Oct 20182419,64061.443.40$47,565
Sep 20181589,77759.543.11$39,794
Aug 20188811,31159.403.07$39,913
Jul 2018012,93265.142.93$37,915
Jun 2018812,24960.183.08$38,171
May 201807,08865.382.90$20,561
Apr 20181998,21763.842.90$36,540
Mar 2018810,22461.222.79$28,982
Feb 201807,82661.782.77$21,648
Jan 201897,94762.874.01$32,428
Dec 20171010,18057.272.92$30,314
Nov 20171111,26755.423.12$35,744
Oct 20171313,46749.292.98$40,822
Sep 2017016,20447.523.09$50,026
Aug 201718919,02945.373.00$65,746
Jul 20171621,52243.873.09$67,146
Jun 2017020,85242.493.09$64,376
May 201718822,82945.373.26$83,030
Apr 20171724,94747.933.21$80,935
Mar 201720228,33946.772.98$94,002
Feb 20172026,86750.452.95$80,337
Jan 201722832,62049.413.42$122,787
Dec 201630533,97448.763.72$141,351
Nov 201652139,75842.492.64$127,271
Oct 201621042,83846.193.09$142,080
Sep 201621247,70741.553.10$156,730
Aug 201620853,90441.442.92$166,253
Jul 201640052,77341.622.92$170,974
Jun 201640160,71145.352.69$181,245
May 201639466,52642.521.99$149,209
Apr 201612220,81236.561.99$45,898
Mar 201621033.011.79$693
Feb 201642337,37626.472.06$88,327
Jan 201662964,46127.352.36$169,612
Dec 201559563,49632.362.00$146,336
Nov 201560167,19738.792.17$168,951
Oct 201596065,19043.552.43$199,997
Sep 2015020,24542.992.76$55,844

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.

Feb 2022 — as filed, then multipliedworked
Condensate             1 bbl  × $ 91.05 =        $91
Gas                    1 Mcf  × $  4.86 =         $5

────────────────────────────────────────────────────
Month total                                      $96

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/282832 is the state's own key, not one this site invented.