OLIVAREZ 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 88169District 04Field 59818852NGPA filingCondensateGasSaveExport
Value, all time
$12.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$354 k
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
CondensateDisposition48,436 bbl$1,887,488
GasProduction3,541,832 Mcf$10,171,735
Total$12,059,222

947,137 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 26.7014, -98.3462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.70135, -98.34620 · 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
10,088 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 10,088 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-21530949110,088 ftAug 2000

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 20262545,764106.413.05$44,584
Apr 20261935,59598.932.87$35,150
Mar 202605,77889.753.15$18,197
Feb 2026465,46663.503.75$23,420
Jan 2026366,31259.138.00$52,612
Dec 20251236,92756.664.41$37,541
Nov 2025306,62558.593.93$27,770
Oct 20251632,93459.383.30$19,375
Sep 2025795,15562.743.08$20,818
Aug 202505,74763.933.01$17,326
Jul 2025766,12466.743.32$25,375
Jun 20252155,62266.483.13$31,883
May 2025265,34360.553.23$18,845
Apr 2025405,74062.363.54$22,832
Mar 2025776,10967.704.27$31,288
Feb 2025866,21870.884.34$33,087
Jan 2025546,14074.324.28$30,284
Dec 202406,06668.993.12$18,934
Nov 2024105,96069.052.20$13,793
Oct 20242695,69071.372.28$32,180
Sep 2024825,20969.612.36$18,024
Aug 2024556,19075.632.06$16,934
Jul 202406,58979.932.15$14,144
Jun 2024653,63378.082.63$14,644
May 2024136,18678.812.20$14,624
Apr 2024496,14684.451.66$14,335
Mar 2024266,36480.301.55$11,921
Feb 20242556,05276.091.78$30,198
Jan 2024286,86773.023.30$24,690
Dec 2023556,33271.262.61$20,450
Nov 2023714,79877.892.81$19,001
Oct 2023487,18685.443.09$26,286
Sep 2023216,10689.042.74$18,570
Aug 2023316,84980.522.67$20,803
Jul 2023437,10074.852.64$21,975
Jun 2023286,05568.962.26$15,606
May 20232975,85270.622.23$34,009
Apr 2023275,84278.122.24$15,182
Mar 2023916,67372.852.39$22,599
Feb 2023365,83575.112.47$17,091
Jan 2023475,72976.533.39$23,005
Dec 2022584,53876.415.73$30,430
Nov 2022434,85685.005.65$31,073
Oct 2022195,03887.185.86$31,198
Sep 202204,58984.888.16$37,463
Aug 202203,68394.529.13$33,615
Jul 20221904,007101.587.54$49,521
Jun 202203,670115.097.98$29,276
May 202204,088109.378.43$34,474
Apr 202203,384104.226.84$23,138
Mar 202204,399108.885.08$22,331
Feb 202284,30691.054.86$21,651
Jan 202205,07781.844.54$23,038
Dec 202174,74071.323.90$18,981
Nov 202104,39877.435.24$23,032
Oct 202104,63779.795.71$26,495
Sep 202174,56469.865.35$24,911
Aug 202104,76166.024.22$20,094
Jul 202175,03970.783.98$20,561
Jun 202104,85769.493.38$16,420
May 202165,00763.483.02$15,490
Apr 20211855,05760.362.76$25,116
Mar 202105,63061.302.72$15,296
Feb 202104,63357.805.55$25,704
Jan 202165,97950.412.81$17,105
Dec 202004,26244.642.68$11,403
Nov 202075,08738.772.71$14,040
Oct 202004,82536.972.48$11,958
Sep 202004,88437.091.99$9,724
Aug 202005,59039.982.39$13,333
Jul 202075,01538.371.83$9,422
Jun 202005,30734.901.69$8,970
May 202003,44316.921.81$6,248
Apr 20201484,07114.751.80$9,529
Mar 202065,08730.341.86$9,625
Feb 202064,84049.881.98$9,886
Jan 202065,38357.252.09$11,619
Dec 20191775,08859.012.30$22,169
Nov 201964,89455.302.75$13,794
Oct 20191895,36653.472.42$23,084
Sep 201965,40455.052.66$14,690
Aug 201905,64153.112.30$12,999
Jul 201965,55456.272.46$14,001
Jun 201965,48652.782.49$13,983
May 201905,97958.482.74$16,384
Apr 201965,75562.632.75$16,206
Mar 201964,63056.803.06$14,518
Feb 20191774,75250.852.79$22,269
Jan 201965,56346.033.23$18,235
Dec 201806,21346.594.19$26,004
Nov 201855,49752.934.24$23,557
Oct 20181225,41161.443.40$25,883
Sep 201865,71659.543.11$18,123
Aug 201855,83759.403.07$18,197
Jul 201805,90165.142.93$17,301
Jun 201855,25760.183.08$16,476
May 201806,07965.382.90$17,634
Apr 20181965,20263.842.90$27,603
Mar 201856,07061.222.79$17,222
Feb 201805,37161.782.77$14,857
Jan 201856,40462.874.01$25,990
Dec 20171956,18557.272.92$29,237
Nov 201756,75255.423.12$21,332
Oct 201757,35949.292.98$22,203
Sep 201707,12047.523.09$21,981
Aug 201707,84645.373.00$23,573
Jul 201757,02843.873.09$21,917
Jun 201706,74542.493.09$20,824
May 201706,56745.373.26$21,431
Apr 201757,37847.933.21$23,935
Mar 20171847,99146.772.98$32,448
Feb 201756,92450.452.95$20,696
Jan 201797,53749.413.42$26,212
Dec 201647,31848.763.72$27,439
Nov 201648,29542.492.64$22,105
Oct 20161937,84346.193.09$33,152
Sep 2016208,71541.553.10$27,853
Aug 201649,51841.442.92$28,000
Jul 20161948,41241.622.92$32,674
Jun 201669,50045.352.69$25,787
May 201619410,70742.521.99$29,567
Apr 2016610,93936.561.99$21,999
Mar 20161414,58133.011.79$26,621
Feb 201620414,35226.472.06$35,017
Jan 201621219,31127.352.36$51,456
Dec 20151026,37532.362.00$53,111
Nov 201521429,89938.792.17$73,102
Oct 201540740,30343.552.43$115,523
Sep 201557853,46542.992.76$172,327
Aug 201565465,04440.162.87$213,103
Jul 201590874,17848.152.95$262,180
Jun 2015222,25156.152.88$64,259
May 20151403,44255.212.96$17,902
Apr 2015842,77449.822.71$11,693
Mar 2015623,12242.892.93$11,821
Feb 2015562,75644.662.98$10,703
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20143086.164.05$258
Aug 201473,43889.394.04$14,498
Jul 201453,69396.564.18$15,918
Jun 201463,15398.164.74$15,524
May 201453,64994.734.73$17,721
Apr 201483,16795.944.81$15,998
Mar 2014102,80295.895.06$15,128
Feb 201432,84197.406.19$17,884
Jan 201494,03190.404.86$20,407
Dec 2013113,14091.824.35$14,683
Nov 201362,23788.853.74$8,896
Oct 201382,49897.423.78$10,220
Sep 201372,734104.113.72$10,893
Aug 201342,936104.253.52$10,759
Jul 2013113,748102.523.72$15,062
Jun 201394,24994.403.93$17,563
May 2013104,12294.834.15$18,051
Apr 2013144,37893.964.28$20,065
Mar 2013184,18793.623.91$18,068
Feb 2013223,88391.233.42$15,287
Jan 2013142,77191.603.42$10,759
Dec 2012253,88686.773.42$15,460
Nov 2012264,04886.953.62$16,935
Oct 2012204,14289.383.40$15,869
Sep 2012195,21194.672.92$17,007
Aug 2012204,36192.662.91$14,536
Jul 2012164,65785.133.02$15,430
Jun 2012153,48579.822.52$9,976
May 2012214,53491.612.49$13,206
Apr 2012204,718101.652.00$11,454
Mar 2012314,945105.052.22$14,245
Feb 2012275,225101.102.57$16,159
Jan 2012345,96898.092.73$19,652
Dec 2011224,94396.873.24$18,145
Nov 201152,46795.723.31$8,648
Oct 201143,72784.983.65$13,938
Sep 201143,88283.623.99$15,807
Aug 201154,22283.404.15$17,935
Jul 201154,01194.144.52$18,589
Jun 201144,04692.904.64$19,145
May 201174,45098.134.40$20,288
Apr 201133,900105.964.33$17,218
Mar 201143,93496.364.06$16,347
Feb 201153,68585.644.18$15,831
Jan 201154,20986.504.59$19,747
Dec 201074,00585.734.35$18,013
Nov 201053,77680.843.80$14,735
Oct 201054,97178.103.51$17,833
Sep 201064,33272.633.98$17,675
Aug 201085,58073.684.42$25,249
Jul 201043,38772.554.74$16,333
Jun 201065,17670.364.91$25,838
May 201034,34471.124.24$18,611
Apr 201075,34181.694.12$22,591
Mar 201085,96978.394.39$26,823
Feb 2010155,51673.585.44$31,124
Jan 2010126,20874.365.96$37,917
Dec 2009117,00471.445.48$39,194
Nov 200982,63874.593.75$10,493
Oct 200974,11372.544.11$17,413
Sep 200985,90265.543.06$18,612
Aug 200995,73767.423.22$19,071
Jul 2009102,86461.133.46$10,534
Jun 2009115,14766.163.90$20,775
May 2009195,98554.743.93$24,536
Apr 2009155,55646.773.59$20,634
Mar 2009336,10942.144.06$26,187
Feb 2009224,11732.814.63$19,796
Jan 2009506,39035.865.37$36,114
Dec 20081427,04037.105.98$47,347
Nov 20083567,47855.496.86$71,056
Oct 20082676,02075.246.92$61,759
Sep 20083866,432101.767.88$89,945
Aug 20083677,573114.228.48$106,161
Jul 20082427,722131.0811.39$119,671
Jun 2008149,185131.3313.03$121,543
May 20083011,430123.1711.57$135,989
Apr 20084512,321110.3110.45$133,778
Mar 20083512,221101.909.66$121,671
Feb 20086912,64392.538.77$117,271
Jan 20084014,88290.388.21$76,303
Dec 20073454,07588.337.30$60,229
Nov 20071644,48691.677.29$47,744
Oct 20073854,67082.856.92$64,223
Sep 20074675,29575.846.24$68,480
Aug 20076094,24569.066.39$69,174
Jul 20077654,73170.906.39$84,460
Jun 20073144,34962.007.55$52,296
May 20071855,29758.747.85$52,429
Apr 20072274,91859.617.81$51,917
Mar 20072464,47656.927.30$46,686
Feb 20071304,47655.108.22$43,938
Jan 20071215,37950.306.73$42,270
Dec 20061253,64156.656.92$32,271
Nov 20061495,55954.207.62$50,421
Oct 20061514,81854.906.01$37,264
Sep 20061165,06260.085.04$32,468
Aug 20061013,58468.717.34$33,246
Jul 2006822,85869.376.34$23,816
Jun 20061633,87666.286.38$35,548
May 20063187,99166.016.42$72,333
Apr 200622811,78764.397.36$101,439
Mar 200623411,35556.707.08$93,694
Feb 200628914,45157.597.75$128,655
Jan 200633918,82260.598.93$188,683
Dec 200515912,17054.9413.42$172,001
Nov 20051681,84454.6910.59$28,713
Oct 20052032,98058.3413.80$52,954
Sep 2005813,58161.4512.08$48,232
Aug 2005983,48461.519.80$40,160
Jul 20051375,10155.697.84$47,640
Jun 20051002,94752.337.38$26,985
May 20053256,43345.226.65$57,483
Apr 20052088,51649.207.36$72,915
Mar 200533012,91850.377.15$109,049
Feb 2005601,99345.226.31$15,293
Jan 20051072,06143.166.32$17,648
Dec 2004921,94539.866.75$16,798
Nov 2004591,68645.286.33$13,345
Oct 2004572,08149.706.52$16,391
Sep 20041324,61043.245.28$30,066
Aug 20041056,75242.375.55$41,927
Jul 2004717,29438.286.08$47,096
Jun 2004747,64336.106.43$51,839
May 20041384,72937.486.49$35,885
Apr 2004324,84434.475.86$29,481
Mar 2004927,08034.365.53$42,315
Feb 2004747,35732.455.51$42,936
Jan 200487,13432.036.30$45,198
Dec 2003986,34030.266.30$42,918
Nov 2003256,48428.804.60$30,515
Oct 2003116,72728.174.76$32,328
Sep 2003226,94126.314.75$33,544
Aug 2003515,83129.765.13$31,429
Jul 20031206,25829.415.17$35,888
Jun 20031096,75428.565.98$43,522
May 20031276,67226.595.97$43,227
Apr 2003926,33726.675.41$36,720
Mar 2003346,42231.146.10$40,208
Feb 2003576,17433.487.93$50,843
Jan 20031346,88830.315.58$42,511
Dec 20021587,27126.914.85$39,543
Nov 2002897,13024.664.14$31,691
Oct 20021257,25626.464.23$33,994
Sep 2002926,28427.443.64$25,368
Aug 20022075,57225.963.16$23,004
Jul 20022299,56524.583.06$34,915
Jun 200214816,12023.733.34$57,324
May 20021229,01624.663.58$35,322
Apr 2002986,08723.653.51$23,697
Mar 20021156,37922.003.10$22,322
Feb 20021226,36818.222.38$17,351
Jan 20021597,34117.172.38$20,170
Dec 20011287,83716.932.36$20,697
Nov 20011577,29218.072.41$20,378
Oct 20011467,49219.782.53$21,834
Sep 20011107,83124.262.25$20,299
Aug 20011038,47324.873.05$28,431
Jul 20012138,42023.933.20$32,017
Jun 2001977,72324.563.82$31,916
May 20011568,39525.524.31$40,141
Apr 20011568,63424.685.34$49,915
Mar 20011469,89724.545.38$56,793
Feb 20011558,39527.755.77$52,716
Jan 2001906,25727.478.40$55,023
Dec 2000773,16926.889.12$30,979
Nov 20001025,32532.215.66$33,414
Oct 20002669,33531.235.15$56,340
Sep 200017612,11531.875.19$68,444
Aug 200016914,48429.644.54$70,777
Jul 20001908,54428.534.09$40,364
Jun 20001568,22429.304.40$40,734
May 20001809,72027.263.68$40,674
Apr 20001887,91224.513.12$29,262
Mar 20002078,60228.422.86$30,483
Feb 20002058,01227.622.73$27,507
Jan 20001698,53525.272.48$25,442
Dec 19992047,50724.282.42$23,148
Nov 19991367,95623.192.43$22,519
Oct 19992107,91920.982.80$26,608
Sep 19992009,25621.752.62$28,590
Aug 199916110,07419.262.88$32,070
Jul 199924610,71517.892.37$29,821
Jun 199918410,24815.942.36$27,140
May 199927510,23415.792.32$28,096
Apr 19992429,93715.102.21$25,596
Mar 199920210,17112.471.84$21,217
Feb 19991209,4869.981.82$18,441
Jan 199922910,77310.381.90$22,845
Dec 199825910,9499.201.77$21,799
Nov 199816610,81710.892.19$25,451
Oct 19988311,57012.421.97$23,815
Sep 199815016,65412.592.08$36,572
Aug 199823213,19811.301.91$27,795
Jul 199823511,32811.742.24$28,103
Jun 199816212,69511.242.24$30,223
May 199821810,92012.622.21$26,844
Apr 199822013,13413.042.51$35,774
Mar 199834714,04712.802.31$36,882
Feb 199815917,66813.952.30$42,839
Jan 199831415,94314.702.15$38,970
Dec 199725113,50616.322.41$36,661
Nov 199737713,92418.193.09$49,859
Oct 199733614,60119.253.15$52,459
Sep 199713714,90717.742.95$46,479
Aug 199726715,26717.862.55$43,772
Jul 199723715,93417.582.25$39,969
Jun 199732816,27417.242.26$42,388
May 199737315,74018.972.31$43,412
Apr 199711115,77917.882.08$34,849
Mar 199746018,10818.951.94$43,831
Feb 199723617,84920.492.21$44,209
Jan 199744120,71523.483.54$83,680
Dec 199642420,14723.32$9,888
Nov 1996021,56321.97$0
Oct 199635822,36523.31$8,345
Sep 199621021,53622.22$4,666
Aug 199650724,32320.26$10,272
Jul 199624030,07619.55$4,692
Jun 199654230,63418.73$10,152
May 199635034,61719.43$6,801
Apr 199677848,28821.51$16,735
Mar 19961,02971,11219.38$19,942
Feb 199664745,35116.98$10,986
Jan 199650846,55517.07$8,672
Dec 199511118,90017.19$1,908
Nov 19951158,32716.00$1,840
Oct 19959910,82515.43$1,528
Sep 1995979,30716.18$1,569
Aug 19959310,45815.92$1,481
Jul 19951788,71515.24$2,713
Jun 19958911,21516.41$1,460
May 199519110,62217.56$3,354
Apr 19951879,71417.73$3,316
Mar 199519810,49116.44$3,255
Feb 19951468,87816.58$2,421
Jan 199533110,56315.92$5,270
Dec 199415210,59015.03$2,285
Nov 199414810,34015.90$2,353
Oct 199414510,84615.58$2,259
Sep 199427710,90615.29$4,235
Aug 199413613,42316.13$2,194
Jul 199414413,83617.56$2,529
Jun 199427814,97117.09$4,751
May 199449916,60515.88$7,924
Apr 199444817,73914.14$6,335
Mar 199440014,35412.46$4,984
Feb 199419715,76112.50$2,463
Jan 199430119,61512.66$3,811
Dec 199330525,77112.33$3,761
Nov 199318128,75714.49$2,623
Oct 199335931,79215.85$5,690
Sep 199315828,15515.03$2,375
Aug 199321516,82815.66$3,367
Jul 19931218,43115.46$186
Jun 19931332,51116.79$218
May 19932631,79617.68$460
Apr 1993228,97018.05$397
Mar 1993124,20218.14$218
Feb 1993304,08517.90$537
Jan 1993352,27116.93$593

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           254 bbl  × $106.41 =    $27,028
Gas                5,764 Mcf  × $  3.05 =    $17,556

────────────────────────────────────────────────────
Month total                                  $44,584

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/88169 is the state's own key, not one this site invented.