RAYMOND, M. J.

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

Gas lease lease 77962District 04Field 52025500NGPA filingCondensateGasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 281 leases and 281 wells, and the rule below applies to all of them.

Discovered
1976-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1976-02-01.

The Commission's schedule remark for this field reads: SURVEYS.

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
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
CondensateDisposition2,409 bbl$69,391
GasProduction1,004,579 Mcf$2,516,483
Total$2,585,874

385,790 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.3995, -99.4512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39949, -99.45121 · 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
7,400 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 7,400 ft.

Completions filed
Apr 1978
1 of 1 wells

1 well

42-4793193517,400 ftApr 1978

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 (401)

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

401 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 2022230109.378.43$2,516
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20215839563.483.02$4,874
Apr 202101,97660.362.76$5,451
Mar 202102,30561.302.72$6,263
Feb 2021611,37857.805.55$11,171
Jan 202102,43850.412.81$6,851
Dec 2020067144.642.68$1,795
Nov 2020088738.772.71$2,401
Oct 202002,30036.972.48$5,700
Sep 202002,18137.091.99$4,342
Aug 202002,29139.982.39$5,464
Jul 202002,40438.371.83$4,388
Jun 202002,41534.901.69$4,082
May 202002,57816.921.81$4,678
Apr 202002,78614.751.80$5,027
Mar 202002,86530.341.86$5,318
Feb 202002,06049.881.98$4,080
Jan 202003,45657.252.09$7,239
Dec 201902,95659.012.30$6,812
Nov 201903,46455.302.75$9,528
Oct 201904,13853.472.42$10,008
Sep 201904,23255.052.66$11,246
Aug 201904,31553.112.30$9,943
Jul 2019413,06356.272.46$9,842
Jun 201904,85952.782.49$12,105
May 201905,56358.482.74$15,244
Apr 20193899462.632.75$5,114
Mar 2019054756.803.06$1,675
Feb 2019053250.852.79$1,485
Jan 2019037146.033.23$1,198
Dec 2018021646.594.19$904
Nov 2018022452.934.24$949
Oct 2018026261.443.40$890
Sep 2018033059.543.11$1,026
Aug 2018041659.403.07$1,276
Jul 2018022765.142.93$666
Jun 2018034460.183.08$1,058
May 2018021265.382.90$615
Apr 2018018863.842.90$545
Mar 20185023161.222.79$3,705
Feb 2018024361.782.77$672
Jan 2018030362.874.01$1,215
Dec 2017029957.272.92$874
Nov 2017032555.423.12$1,013
Oct 2017035349.292.98$1,053
Sep 2017041347.523.09$1,275
Aug 2017025445.373.00$763
Jul 2017057043.873.09$1,760
Jun 2017028142.493.09$868
May 2017035545.373.26$1,159
Apr 20172628947.933.21$2,174
Mar 2017033946.772.98$1,011
Feb 2017031750.452.95$936
Jan 2017029749.413.42$1,015
Dec 2016040848.763.72$1,519
Nov 2016041342.492.64$1,092
Oct 2016048346.193.09$1,493
Sep 2016045741.553.10$1,417
Aug 2016044741.442.92$1,307
Jul 2016059141.622.92$1,728
Jun 2016066545.352.69$1,786
May 2016054442.521.99$1,083
Apr 2016048636.561.99$968
Mar 2016061733.011.79$1,107
Feb 2016051326.472.06$1,059
Jan 2016056127.352.36$1,326
Dec 2015059132.362.00$1,183
Nov 2015043538.792.17$943
Oct 2015164043.552.43$1,597
Sep 2015069142.992.76$1,906
Aug 2015058840.162.87$1,689
Jul 2015073148.152.95$2,153
Jun 2015064156.152.88$1,848
May 2015023155.212.96$683
Apr 2015034449.822.71$931
Mar 2015033342.892.93$977
Feb 2015016644.662.98$494
Jan 20153824743.433.10$2,416
Dec 2014029254.693.59$1,049
Nov 2014042170.464.25$1,790
Oct 2014035378.303.90$1,377
Sep 2014023286.164.05$939
Aug 2014028189.394.04$1,134
Jul 2014028896.564.18$1,204
Jun 2014033098.164.74$1,563
May 2014053894.734.73$2,543
Apr 2014059995.944.81$2,881
Mar 2014044995.895.06$2,271
Feb 2014028197.406.19$1,740
Jan 2014031090.404.86$1,507
Dec 2013032891.824.35$1,428
Nov 2013032088.853.74$1,196
Oct 2013037497.423.78$1,413
Sep 20130354104.113.72$1,316
Aug 20130355104.253.52$1,251
Jul 20130356102.523.72$1,324
Jun 2013054294.403.93$2,132
May 2013061794.834.15$2,560
Apr 2013035093.964.28$1,499
Mar 2013037193.623.91$1,452
Feb 2013045391.233.42$1,549
Jan 2013042091.603.42$1,436
Dec 2012059186.773.42$2,021
Nov 2012036986.953.62$1,338
Oct 2012043989.383.40$1,492
Sep 2012031794.672.92$925
Aug 2012052592.662.91$1,527
Jul 2012050985.133.02$1,538
Jun 2012063279.822.52$1,592
May 2012040491.612.49$1,005
Apr 20120535101.652.00$1,068
Mar 20120651105.052.22$1,447
Feb 20120351101.102.57$902
Jan 2012052098.092.73$1,422
Dec 2011038496.873.24$1,244
Nov 20113642995.723.31$4,866
Oct 2011032384.983.65$1,178
Sep 2011031583.623.99$1,256
Aug 2011034483.404.15$1,427
Jul 2011056294.144.52$2,539
Jun 2011056792.904.64$2,631
May 2011067498.134.40$2,969
Apr 20110586105.964.33$2,539
Mar 2011071796.364.06$2,909
Feb 2011048885.644.18$2,040
Jan 2011040986.504.59$1,877
Dec 2010064485.734.35$2,800
Nov 2010054280.843.80$2,057
Oct 2010053378.103.51$1,870
Sep 2010036972.633.98$1,468
Aug 2010046573.684.42$2,055
Jul 2010046072.554.74$2,179
Jun 2010045970.364.91$2,254
May 2010039671.124.24$1,677
Apr 2010035981.694.12$1,480
Mar 2010032178.394.39$1,409
Feb 2010022573.585.44$1,225
Jan 2010039874.365.96$2,374
Dec 2009049071.445.48$2,687
Nov 2009050174.593.75$1,880
Oct 2009064272.544.11$2,639
Sep 2009034165.543.06$1,045
Aug 2009052467.423.22$1,686
Jul 2009045261.133.46$1,566
Jun 2009047166.163.90$1,835
May 2009061154.743.93$2,399
Apr 2009048646.773.59$1,744
Mar 2009058142.144.06$2,358
Feb 2009054332.814.63$2,516
Jan 2009049135.865.37$2,637
Dec 2008042137.105.98$2,516
Nov 2008024255.496.86$1,660
Oct 2008023075.246.92$1,592
Sep 20080371101.767.88$2,922
Aug 20080361114.228.48$3,062
Jul 20080393131.0811.39$4,476
Jun 20080256131.3313.03$3,336
May 20080384123.1711.57$4,445
Apr 20080338110.3110.45$3,534
Mar 20080398101.909.66$3,846
Feb 2008089592.538.77$7,850
Jan 2008046390.388.21$3,799
Dec 2007044688.337.30$3,257
Nov 2007047991.677.29$3,493
Oct 2007027582.856.92$1,904
Sep 2007045475.846.24$2,835
Aug 2007057769.066.39$3,686
Jul 2007068970.906.39$4,401
Jun 2007061962.007.55$4,672
May 200713169158.747.85$13,117
Apr 2007048559.617.81$3,786
Mar 2007035256.927.30$2,570
Feb 2007022355.108.22$1,832
Jan 2007047250.306.73$3,175
Dec 200609656.656.92$664
Nov 2006024854.207.62$1,889
Oct 2006146954.906.01$2,875
Sep 200602,16660.085.04$10,911
Aug 200602,46668.717.34$18,100
Jul 200602,75569.376.34$17,474
Jun 200602,36666.286.38$15,104
May 2006041566.016.42$2,666
Apr 2006049364.397.36$3,629
Mar 200601,53556.707.08$10,872
Feb 200602,26757.597.75$17,572
Jan 200602,60760.598.93$23,289
Dec 200503,30054.9413.42$44,271
Nov 200502,42754.6910.59$25,698
Oct 200504,08958.3413.80$56,411
Sep 200503,79061.4512.08$45,779
Aug 2005031461.519.80$3,076
Jul 200502,62955.697.84$20,621
Jun 2005089952.337.38$6,636
May 200501,37245.226.65$9,125
Apr 200503,68249.207.36$27,101
Mar 200501,68550.377.15$12,056
Feb 200501,73445.226.31$10,945
Jan 200502,43843.166.32$15,414
Dec 200402,71839.866.75$18,349
Nov 2004793,07245.286.33$23,024
Oct 200403,72649.706.52$24,275
Sep 200403,26443.245.28$17,247
Aug 200403,49642.375.55$19,405
Jul 200403,44638.286.08$20,966
Jun 200403,19936.106.43$20,579
May 200403,67237.486.49$23,848
Apr 200403,33834.475.86$19,556
Mar 200402,81934.365.53$15,589
Feb 200402,82232.455.51$15,548
Jan 200403,97332.036.30$25,028
Dec 200303,51830.266.30$22,169
Nov 200303,43228.804.60$15,771
Oct 200304,47028.174.76$21,276
Sep 200304,51226.314.75$21,429
Aug 200304,50629.765.13$23,115
Jul 20031114,10729.415.17$24,501
Jun 200301,99928.565.98$11,960
May 200303,35626.595.97$20,044
Apr 200302,39926.675.41$12,972
Mar 200302,74631.146.10$16,740
Feb 200303,78733.487.93$30,015
Jan 200304,28930.315.58$23,941
Dec 20021654,25026.914.85$25,069
Nov 200204,01024.664.14$16,589
Oct 200204,49026.464.23$18,989
Sep 200203,35227.443.64$12,185
Aug 200203,73925.963.16$11,831
Jul 200204,31124.583.06$13,199
Jun 200204,80923.733.34$16,054
May 200204,57424.663.58$16,393
Apr 200203,80223.653.51$13,354
Mar 200204,86322.003.10$15,089
Feb 20021404,46818.222.38$13,165
Jan 200204,89017.172.38$11,617
Dec 200104,88016.932.36$11,538
Nov 200105,20018.072.41$12,509
Oct 200105,27819.782.53$13,347
Sep 200105,36624.262.25$12,081
Aug 200105,62124.873.05$17,162
Jul 200106,62223.933.20$21,171
Jun 20011546,45624.563.82$28,471
May 200106,29725.524.31$27,123
Apr 200106,49724.685.34$34,664
Mar 200107,37224.545.38$39,635
Feb 200106,61327.755.77$38,138
Jan 200108,04027.478.40$67,526
Dec 200008,97526.889.12$81,874
Nov 200009,47932.215.66$53,632
Oct 200008,67731.235.15$44,648
Sep 200006,32831.875.19$32,820
Aug 200009,14329.644.54$41,516
Jul 200003,60828.534.09$14,756
Jun 2000041329.304.40$1,816
May 2000014527.263.68$534
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200011027.622.73$304
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199905621.752.62$147
Aug 19990019.262.88$0
Jul 1999569717.892.37$1,743
Jun 199901,87515.942.36$4,429
May 19991738,13915.792.32$21,622
Apr 199907,76615.102.21$17,148
Mar 199939,03012.471.84$16,638
Feb 199908,4949.981.82$15,440
Jan 199905,88110.381.90$11,174
Dec 199806,9149.201.77$12,261
Nov 199808,66810.892.19$18,946
Oct 199807,44812.421.97$14,667
Sep 199804,41612.592.08$9,197
Aug 199806,01711.301.91$11,477
Jul 199806,22811.742.24$13,934
Jun 199806,82211.242.24$15,263
May 199806,39212.622.21$14,103
Apr 199807,08813.042.51$17,758
Mar 199808,19212.802.31$18,919
Feb 199808,84313.952.30$20,331
Jan 199807,72914.702.15$16,654
Dec 199701,70716.322.41$4,116
Nov 1997010,72618.193.09$33,125
Oct 1997010,14819.253.15$31,964
Sep 199709,32917.742.95$27,566
Aug 1997126,19217.862.55$16,033
Jul 199703,12317.582.25$7,017
Jun 199702,80217.242.26$6,325
May 199702,79918.972.31$6,461
Apr 199702,99517.882.08$6,238
Mar 199702,99918.951.94$5,815
Feb 199702,57220.492.21$5,674
Jan 199703,02223.483.54$10,697
Dec 199602,63723.32$0
Nov 1996562,74821.97$1,230
Oct 199602,88923.31$0
Sep 199602,82422.22$0
Aug 199603,15920.26$0
Jul 199603,10019.55$0
Jun 199602,56618.73$0
May 199602,82919.43$0
Apr 199602,92021.51$0
Mar 199603,13319.38$0
Feb 199602,85916.98$0
Jan 199601,77617.07$0
Dec 199501,82917.19$0
Nov 199512,59516.00$16
Oct 199502,92415.43$0
Sep 199501,83616.18$0
Aug 199507,86215.92$0
Jul 199525,66615.24$30
Jun 199504,01016.41$0
May 199505,79717.56$0
Apr 199504,97017.73$0
Mar 199508,99716.44$0
Feb 199508,85716.58$0
Jan 19951649,04715.92$2,611
Dec 199407,24215.03$0
Nov 1994011,63515.90$0
Oct 199417212,99315.58$2,680
Sep 1994013,58615.29$0
Aug 199411812,46016.13$1,903
Jul 199408,54017.56$0
Jun 199406,24217.09$0
May 199408,50215.88$0
Apr 199404,63014.14$0
Mar 199417910,19912.46$2,230
Feb 199409,42512.50$0
Jan 1994011,38112.66$0
Dec 1993010,37112.33$0
Nov 199308,66914.49$0
Oct 1993011,11715.85$0
Sep 1993015,94215.03$0
Aug 199317716,70515.66$2,772
Jul 1993014,11515.46$0
Jun 1993016,78316.79$0
May 1993014,09117.68$0
Apr 1993015,25418.05$0
Mar 199318322,15518.14$3,320
Feb 199307,36017.90$0
Jan 1993018,56316.93$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.

May 2022 — as filed, then multipliedworked
Condensate            23 bbl  × $109.37 =     $2,516
Gas                    0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                   $2,516

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/77962 is the state's own key, not one this site invented.