VALDEZ ET AL UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the MCMORAN (8960) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78616District 04Field 59818852NGPA filingCondensateGasSaveExport
Value, all time
$670 k
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 84 leases and 84 wells, and the rule below applies to all of them.

Discovered
1968-11-27
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 2003-09-22.

The Commission's schedule remark for this field reads: WELL AND 95% ACRES.THE ALLOCATION SUSPENSION REMAINS.

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
CondensateDisposition5,300 bbl$138,128
GasProduction238,789 Mcf$531,669
Total$669,796

106,061 Mcf of this lease's gas, across 47 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 26.6918, -98.3097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.69176, -98.30973 · 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
9,271 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 9,271 ft.

Completions filed
Aug 1978
1 of 1 wells

1 well

42-2153086019,271 ftAug 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 202200109.378.43$0
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 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170155.423.12$3
Oct 201708449.292.98$251
Sep 2017010747.523.09$330
Aug 2017016945.373.00$508
Jul 201707643.873.09$235
Jun 2017011242.493.09$346
May 2017010145.373.26$330
Apr 201708947.933.21$286
Mar 201703846.772.98$113
Feb 20170550.452.95$15
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201609846.193.09$303
Sep 201604541.553.10$140
Aug 201605541.442.92$161
Jul 201601841.622.92$53
Jun 2016023245.352.69$623
May 2016023842.521.99$474
Apr 2016018736.561.99$372
Mar 2016012033.011.79$215
Feb 2016010226.472.06$210
Jan 201604027.352.36$95
Dec 2015010632.362.00$212
Nov 2015016738.792.17$362
Oct 2015022743.552.43$551
Sep 2015026942.992.76$742
Aug 2015024240.162.87$695
Jul 2015018148.152.95$533
Jun 201503956.152.88$112
May 201504355.212.96$127
Apr 2015034049.822.71$920
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201302293.623.91$86
Feb 2013017791.233.42$605
Jan 2013149291.603.42$1,774
Dec 201211,04386.773.42$3,654
Nov 201211,24186.953.62$4,586
Oct 2012182589.383.40$2,894
Sep 2012135794.672.92$1,137
Aug 2012155692.662.91$1,710
Jul 2012157185.133.02$1,810
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200903342.144.06$134
Feb 200903132.814.63$144
Jan 200904635.865.37$247
Dec 200805037.105.98$299
Nov 200805255.496.86$357
Oct 200804075.246.92$277
Sep 2008055101.767.88$433
Aug 2008062114.228.48$526
Jul 2008058131.0811.39$661
Jun 2008062131.3313.03$808
May 2008071123.1711.57$822
Apr 20080136110.3110.45$1,422
Mar 20081212101.909.66$2,151
Feb 200806692.538.77$579
Jan 2008010690.388.21$870
Dec 200707188.337.30$518
Nov 200706791.677.29$489
Oct 200705982.856.92$408
Sep 200706375.846.24$393
Aug 200704269.066.39$268
Jul 200705670.906.39$358
Jun 2007027862.007.55$2,098
May 200703558.747.85$275
Apr 200701459.617.81$109
Mar 200704956.927.30$358
Feb 200706555.108.22$534
Jan 200708450.306.73$565
Dec 2006241856.656.92$1,484
Nov 200614915454.207.62$9,249
Oct 200615172554.906.01$12,650
Sep 200611638760.085.04$8,919
Aug 20061029468.717.34$7,698
Jul 20068238469.376.34$8,124
Jun 2006084966.286.38$5,420
May 2006078166.016.42$5,018
Apr 2006032964.397.36$2,422
Mar 200604356.707.08$305
Feb 2006044757.597.75$3,465
Jan 200602,74460.598.93$24,513
Dec 2005050454.9413.42$6,761
Nov 2005046254.6910.59$4,892
Oct 2005071858.3413.80$9,905
Sep 2005465261.4512.08$8,121
Aug 20052570861.519.80$8,474
Jul 20055075655.697.84$8,714
Jun 20052265852.337.38$6,008
May 20051077045.226.65$5,574
Apr 20051581749.207.36$6,752
Mar 2005083650.377.15$5,981
Feb 2005476045.226.31$4,978
Jan 20052081543.166.32$6,016
Dec 20042682139.866.75$6,579
Nov 2004677845.286.33$5,197
Oct 20041992049.706.52$6,938
Sep 2004078943.245.28$4,169
Aug 2004065942.375.55$3,658
Jul 2004063838.286.08$3,882
Jun 2004290436.106.43$5,888
May 20042491637.486.49$6,849
Apr 20041085034.475.86$5,324
Mar 2004271,05834.365.53$6,779
Feb 20043499932.455.51$6,607
Jan 2004631,02232.036.30$8,456
Dec 20032299530.266.30$6,936
Nov 20033887928.804.60$5,134
Oct 20034578528.174.76$5,004
Sep 20032277826.314.75$4,274
Aug 20031382029.765.13$4,593
Jul 20031578029.415.17$4,474
Jun 20031382228.565.98$5,289
May 20031261326.595.97$3,980
Apr 2003639126.675.41$2,274
Mar 20033432931.146.10$3,064
Feb 20035740133.487.93$5,087
Jan 20031050830.315.58$3,139
Dec 20021060326.914.85$3,196
Nov 2002748624.664.14$2,183
Oct 20021050226.464.23$2,388
Sep 2002839827.443.64$1,666
Aug 20021480025.963.16$2,895
Jul 2002965824.583.06$2,236
Jun 2002111,04623.733.34$3,753
May 20021389924.663.58$3,543
Apr 2002121,01723.653.51$3,856
Mar 2002131,20022.003.10$4,009
Feb 2002121,04418.222.38$2,699
Jan 2002151,11817.172.38$2,914
Dec 2001121,11616.932.36$2,842
Nov 2001151,08318.072.41$2,876
Oct 2001141,23219.782.53$3,393
Sep 2001101,26424.262.25$3,088
Aug 200191,25424.873.05$4,052
Jul 2001171,32123.933.20$4,630
Jun 200181,16324.563.82$4,644
May 2001131,18425.524.31$5,432
Apr 20011290624.685.34$5,130
Mar 20017484824.545.38$6,375
Feb 200122687127.755.77$11,295
Jan 20011436527.478.40$3,450
Dec 20001475826.889.12$7,291
Nov 20001287532.215.66$5,337
Oct 2000191,04831.235.15$5,986
Sep 2000111,04431.875.19$5,765
Aug 2000131,16529.644.54$5,675
Jul 2000201,31228.534.09$5,936
Jun 2000171,17229.304.40$5,652
May 2000191,36027.263.68$5,522
Apr 2000211,12224.513.12$4,011
Mar 2000221,16928.422.86$3,968
Feb 2000231,21827.622.73$3,956
Jan 2000191,24225.272.48$3,561
Dec 1999201,11024.282.42$3,176
Nov 1999791,37623.192.43$5,181
Oct 19994651,23620.982.80$13,221
Sep 1999171,34421.752.62$3,889
Aug 1999131,33419.262.88$4,086
Jul 1999201,41117.892.37$3,705
Jun 1999161,39915.942.36$3,560
May 1999241,46715.792.32$3,784
Apr 1999221,39715.102.21$3,417
Mar 1999191,46812.471.84$2,936
Feb 1999111,3509.981.82$2,564
Jan 1999191,44310.381.90$2,939
Dec 1998211,4139.201.77$2,699
Nov 1998151,40510.892.19$3,234
Oct 199871,52412.421.97$3,088
Sep 1998111,93612.592.08$4,170
Aug 1998161,33011.301.91$2,718
Jul 1998181,24911.742.24$3,006
Jun 1998121,54311.242.24$3,587
May 1998151,29412.622.21$3,044
Apr 1998151,54313.042.51$4,061
Mar 1998231,62512.802.31$4,047
Feb 1998111,85113.952.30$4,409
Jan 1998231,75114.702.15$4,111
Dec 1997191,48616.322.41$3,893
Nov 1997261,20318.193.09$4,188
Oct 1997201,35819.253.15$4,662
Sep 1997161,21917.742.95$3,886
Aug 1997311,97317.862.55$5,594
Jul 1997271,96717.582.25$4,894
Jun 1997261,88917.242.26$4,712
May 1997241,42018.972.31$3,733
Apr 199771,46917.882.08$3,185
Mar 1997222,25318.951.94$4,786
Feb 199721,18520.492.21$2,655
Jan 19977023.483.54$164
Dec 19961376823.32$303
Nov 1996068021.97$0
Oct 1996191,46323.31$443
Sep 199611,69622.22$22
Aug 199615020.26$304
Jul 1996131,40919.55$254
Jun 1996282,05118.73$524
May 1996122,73719.43$233
Apr 1996222,28021.51$473
Mar 1996302,99519.38$581
Feb 1996262,80316.98$441
Jan 1996392,19617.07$666
Dec 1995242,55117.19$413
Nov 1995242,83916.00$384
Oct 1995171,88115.43$262
Sep 1995191,35616.18$307
Aug 1995112,14815.92$175
Jul 1995261,03015.24$396
Jun 1995192,58916.41$312
May 1995322,42917.56$562
Apr 1995241,96017.73$426
Mar 1995362,46916.44$592
Feb 1995102,64116.58$166
Jan 19952740815.92$430
Dec 1994222,28715.03$331
Nov 1994232,04615.90$366
Oct 1994212,40815.58$327
Sep 1994352,09715.29$535
Aug 1994162,38116.13$258
Jul 1994182,54117.56$316
Jun 1994352,85217.09$598
May 1994802,90215.88$1,270
Apr 1994742,68814.14$1,046
Mar 1994632,80612.46$785
Feb 1994331,90512.50$413
Jan 1994501,92212.66$633
Dec 1993512,29212.33$629
Nov 1993382,14614.49$551
Oct 1993772,13015.85$1,220
Sep 1993438915.03$646
Aug 19931131,63315.66$1,770
Jul 1993963,39215.46$1,484
Jun 1993943,68016.79$1,578
May 19931923,71917.68$3,395
Apr 19931853,57518.05$3,339
Mar 1993903,74618.14$1,633
Feb 19931302,84817.90$2,327
Jan 1993472,59716.93$796

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.

Nov 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.42 =         $0
Gas                    1 Mcf  × $  3.12 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/78616 is the state's own key, not one this site invented.