LUNDELL

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

Gas lease lease 86127District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$907 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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and 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: NO P-15 OR PLAT REQUIRED.

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
CondensateDisposition4,774 bbl$107,623
GasProduction448,330 Mcf$798,911
Total$906,534

221,838 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 27.6683, -99.0548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66834, -99.05477 · 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
9,980 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 9,980 ft.

Completions filed
Dec 1979
1 of 1 wells

1 well

42-4793244639,980 ftDec 1979

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 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
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 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 20090042.144.06$0
Feb 200903232.814.63$148
Jan 200902535.865.37$134
Dec 200802237.105.98$132
Nov 20080055.496.86$0
Oct 20080175.246.92$7
Sep 2008037101.767.88$291
Aug 200800114.228.48$0
Jul 200801131.0811.39$11
Jun 200803131.3313.03$39
May 2008065123.1711.57$752
Apr 2008058110.3110.45$606
Mar 2008013101.909.66$126
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200704488.337.30$321
Nov 2007075591.677.29$5,505
Oct 20070482.856.92$28
Sep 20070675.846.24$37
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070158.747.85$8
Apr 200703859.617.81$297
Mar 20070056.927.30$0
Feb 200709555.108.22$781
Jan 20070550.306.73$34
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200601154.906.01$66
Sep 200601660.085.04$81
Aug 200602768.717.34$198
Jul 200605769.376.34$362
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200501554.6910.59$159
Oct 20050058.3413.80$0
Sep 200503161.4512.08$374
Aug 200503861.519.80$372
Jul 200505955.697.84$463
Jun 200501052.337.38$74
May 200509245.226.65$612
Apr 200503849.207.36$280
Mar 2005111150.377.15$845
Feb 20052552545.226.31$4,444
Jan 200559643.166.32$823
Dec 2004714439.866.75$1,251
Nov 2004511145.286.33$929
Oct 2004610749.706.52$995
Sep 20041442443.245.28$2,846
Aug 2004716742.375.55$1,224
Jul 20042135638.286.08$2,970
Jun 2004501,03436.106.43$8,457
May 2004791,94937.486.49$15,619
Apr 2004911,88134.475.86$14,157
Mar 20041301,87334.365.53$14,825
Feb 2004701,74732.455.51$11,897
Jan 2004911,93432.036.30$15,098
Dec 2003612,14630.266.30$15,369
Nov 2003541,46428.804.60$8,283
Oct 2003582,12528.174.76$11,748
Sep 2003141,98926.314.75$9,815
Aug 2003132,11429.765.13$11,231
Jul 2003182,26529.415.17$12,241
Jun 2003142,36828.565.98$14,567
May 2003131,34026.595.97$8,349
Apr 2003171,97026.675.41$11,106
Mar 2003202,32331.146.10$14,784
Feb 2003452,14433.487.93$18,500
Jan 2003392,28130.315.58$13,915
Dec 2002472,53326.914.85$13,559
Nov 2002462,59024.664.14$11,849
Oct 2002362,77026.464.23$12,667
Sep 200242,53627.443.64$9,329
Aug 2002021425.963.16$677
Jul 2002016324.583.06$499
Jun 200221,25923.733.34$4,250
May 200252,55524.663.58$9,280
Apr 2002529123.653.51$1,140
Mar 2002251,73622.003.10$5,936
Feb 2002352,07118.222.38$5,558
Jan 2002362,15817.172.38$5,745
Dec 2001412,59616.932.36$6,832
Nov 2001201,32118.072.41$3,539
Oct 2001222,13519.782.53$5,834
Sep 200122,46824.262.25$5,605
Aug 200122,02424.873.05$6,229
Jul 200111,26323.933.20$4,062
Jun 200122,56024.563.82$9,839
May 200121,87925.524.31$8,144
Apr 200153,31724.685.34$17,821
Mar 200156924.545.38$494
Feb 2001361,42727.755.77$9,229
Jan 2001732,95227.478.40$26,798
Dec 2000642,82126.889.12$27,455
Nov 2000940732.215.66$2,593
Oct 2000542,88131.235.15$16,511
Sep 200001,76231.875.19$9,139
Aug 200002,44829.644.54$11,116
Jul 200002,67828.534.09$10,952
Jun 200002,53129.304.40$11,129
May 200012,54727.263.68$9,400
Apr 2000242,44024.513.12$8,191
Mar 2000272,59428.422.86$8,186
Feb 2000151,64327.622.73$4,894
Jan 2000212,48025.272.48$6,682
Dec 1999675,39024.282.42$14,691
Nov 19993604,74423.192.43$19,895
Oct 19993374,43020.982.80$19,491
Sep 19994896,75421.752.62$28,323
Aug 19993414,79419.262.88$20,353
Jul 1999485,05317.892.37$12,846
Jun 1999516,63415.942.36$16,483
May 1999514,97415.792.32$12,350
Apr 1999412,93315.102.21$7,095
Mar 1999431,89912.471.84$4,027
Feb 1999351,7289.981.82$3,490
Jan 1999161,79410.381.90$3,575
Dec 199841,6479.201.77$2,957
Nov 199851,56910.892.19$3,484
Oct 199893,12312.421.97$6,262
Sep 199821012.592.08$264
Aug 199802,65611.301.91$5,066
Jul 199802,85811.742.24$6,394
Jun 19981403,32411.242.24$9,010
May 199803,70812.622.21$8,181
Apr 199803,36213.042.51$8,423
Mar 199803,63512.802.31$8,395
Feb 199803,54513.952.30$8,150
Jan 199802,24914.702.15$4,846
Dec 199701,43916.322.41$3,470
Nov 199702,98418.193.09$9,215
Oct 199702,88319.253.15$9,081
Sep 199702,83217.742.95$8,368
Aug 199712,35717.862.55$6,039
Jul 199703,08717.582.25$6,936
Jun 199702,33817.242.26$5,277
May 199743,16218.972.31$7,375
Apr 199722,94417.882.08$6,167
Mar 199733,13418.951.94$6,134
Feb 199763,07820.492.21$6,913
Jan 1997672,74523.483.54$11,290
Dec 199622,93323.32$47
Nov 199623,15421.97$44
Oct 199613,42623.31$23
Sep 199623,06022.22$44
Aug 199613,30120.26$20
Jul 199623,31719.55$39
Jun 199612,98718.73$19
May 199613,52319.43$19
Apr 199613,39221.51$22
Mar 199613,34819.38$19
Feb 199663,57616.98$102
Jan 199633,79117.07$51
Dec 1995773,27917.19$1,324
Nov 199533,32116.00$48
Oct 199523,25115.43$31
Sep 199523,36916.18$32
Aug 199524,14115.92$32
Jul 1995584,13815.24$884
Jun 199513,66516.41$16
May 199523,33217.56$35
Apr 199513,46417.73$18
Mar 199513,70416.44$16
Feb 1995813,69316.58$1,343
Jan 199524,56215.92$32
Dec 199425,68215.03$30
Nov 1994615,44515.90$970
Oct 199426,11415.58$31
Sep 1994505,32015.29$765
Aug 199425,45216.13$32
Jul 199415,59017.56$18
Jun 19941235,96617.09$2,102
May 199414,93815.88$16
Apr 199424,03814.14$28
Mar 199434,72312.46$37
Feb 199424,27112.50$25
Jan 199414,08712.66$13
Dec 199305,36812.33$0
Nov 19931215,58414.49$1,753
Oct 199307,36315.85$0
Sep 199307,77615.03$0
Aug 19931328,14215.66$2,067
Jul 199308,97115.46$0
Jun 199305,95516.79$0
May 199305,66517.68$0
Apr 19931516,11618.05$2,726
Mar 199306,72618.14$0
Feb 1993893,67217.90$1,593
Jan 199305,14716.93$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.

Feb 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.81 =         $0
Gas                   32 Mcf  × $  4.63 =       $148

────────────────────────────────────────────────────
Month total                                     $148

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/86127 is the state's own key, not one this site invented.