M. J. BASHARA

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

Oil lease lease 27885District 08Field 49138100Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 15 leases and 67 wells, and the rule below applies to all of them.

Discovered
1981-06-09
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 1983-04-11.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOC 8-79379

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
NGPA4none

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
OilDisposition160,499 bbl$7,353,454
Casinghead gasProduction419,471 Mcf$1,310,057
Total$8,663,510

102,401 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 (5)

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 31.9513, -103.0659. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.95112, -103.06536 · 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
4,650 ft
5 wells filed one
Completion to plug
16.0 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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

Between 4,630 and 4,700 ft, median 4,650 ft, over the 5 wells that filed a depth.

Completions filed
Sep 1991 – Jun 2009
5 of 5 wells
Plug dates filed
Dec 2009 – Jan 2019
3 of 5 wells; 2 filed none

Last completion to plug: a median of 16.0 years across the 3 wells that filed both dates, with the middle half between 8.3 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-49531578684,630 ftJun 2009Dec 2009Yes
42-49533203724,640 ftDec 2006
42-49531700694,700 ftJan 2003Jan 2019Yes
42-49531807704,650 ftJun 1992Dec 2009Yes
42-49531512674,675 ftSep 1991

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 20264140106.413.05$44,054
Apr 2026710098.932.87$70,240
Mar 2026212089.753.15$19,027
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 2024201069.052.20$13,879
Oct 202427361671.372.28$20,889
Sep 202437668769.612.36$27,798
Aug 20246615675.632.06$5,314
Jul 2024210879.932.15$392
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 202401773.023.30$56
Dec 20230771.262.61$18
Nov 20230077.892.81$0
Oct 202341085.443.09$3,503
Sep 202319110189.042.74$17,283
Aug 202338235580.522.67$31,708
Jul 202321411874.852.64$16,330
Jun 202336032668.962.26$25,562
May 202333441370.622.23$24,507
Apr 202331535378.122.24$25,398
Mar 202329940172.852.39$22,742
Feb 202333927175.112.47$26,130
Jan 202341932976.533.39$33,181
Dec 202212612176.415.73$10,321
Nov 202233224785.005.65$29,615
Oct 202227228087.185.86$25,355
Sep 202228024784.888.16$25,783
Aug 202227425794.529.13$28,244
Jul 2022280299101.587.54$30,697
Jun 2022387319115.097.98$47,085
May 2022326268109.378.43$37,915
Apr 2022315252104.226.84$34,552
Mar 2022360289108.885.08$40,664
Feb 202232628191.054.86$31,048
Jan 202239336181.844.54$33,801
Dec 202137732271.323.90$28,143
Nov 202130431077.435.24$25,162
Oct 202132128979.795.71$27,264
Sep 20211889269.865.35$13,626
Aug 202134129066.024.22$23,737
Jul 202142625070.783.98$31,148
Jun 202140223769.493.38$28,736
May 202119817363.483.02$13,091
Apr 20211378460.362.76$8,501
Mar 20212857961.302.72$17,685
Feb 20218217257.805.55$5,694
Jan 202102650.412.81$73
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 202093034.901.69$3,246
May 20201433616.921.81$2,485
Apr 202044846414.751.80$7,445
Mar 202037931630.341.86$12,085
Feb 202053334049.881.98$27,259
Jan 202033331357.252.09$19,720
Dec 201925116459.012.30$15,189
Nov 2019725355.302.75$4,127
Oct 201952149153.472.42$29,045
Sep 201915140555.052.66$9,389
Aug 201933152253.112.30$18,782
Jul 201937657056.272.46$22,560
Jun 201939554252.782.49$22,198
May 201937245258.482.74$22,993
Apr 201945426662.632.75$29,166
Mar 201932829556.803.06$19,534
Feb 201933215350.852.79$17,309
Jan 201920316646.033.23$9,880
Dec 201824848846.594.19$13,597
Nov 201834156252.934.24$20,430
Oct 201842139561.443.40$27,208
Sep 201833339259.543.11$21,045
Aug 201834641559.403.07$21,825
Jul 201833239665.142.93$22,788
Jun 201837629460.183.08$23,532
May 201837433565.382.90$25,424
Apr 201832022163.842.90$21,070
Mar 20181409061.222.79$8,822
Feb 201828732561.782.77$18,630
Jan 201834043462.874.01$23,116
Dec 201734576557.272.92$21,993
Nov 20172951,10655.423.12$19,798
Oct 20174181,01049.292.98$23,617
Sep 20173521,27247.523.09$20,654
Aug 201735789945.373.00$18,898
Jul 20172891,27843.873.09$16,624
Jun 20172671,24542.493.09$15,188
May 20173561,28945.373.26$20,358
Apr 20173711,21747.933.21$21,691
Mar 20173851,20446.772.98$21,599
Feb 20173191,14050.452.95$19,460
Jan 20173861,26949.413.42$23,411
Dec 20163871,28748.763.72$23,661
Nov 20163981,26042.492.64$20,243
Oct 20163251,30146.193.09$19,032
Sep 20164631,27341.553.10$23,185
Aug 20164561,32541.442.92$22,771
Jul 20163271,37541.622.92$17,631
Jun 201633174945.352.69$17,023
May 201634985542.521.99$16,542
Apr 20163021,03136.561.99$13,094
Mar 201642398033.011.79$15,721
Feb 201637896426.472.06$11,995
Jan 201638583327.352.36$12,499
Dec 201542358432.362.00$14,857
Nov 201526574438.792.17$11,892
Oct 201537775043.552.43$18,238
Sep 201533766042.992.76$16,308
Aug 201537475540.162.87$17,189
Jul 201526887548.152.95$15,481
Jun 201532794256.152.88$21,077
May 201545090255.212.96$27,510
Apr 201530498949.822.71$17,822
Mar 201530191642.892.93$15,598
Feb 201543767944.662.98$21,537
Jan 201531530643.433.10$14,629
Dec 201436878454.693.59$22,942
Nov 201436679470.464.25$29,164
Oct 201432685978.303.90$28,877
Sep 201433397186.164.05$32,619
Aug 201433199289.394.04$33,591
Jul 20143921,11496.564.18$42,508
Jun 201431968598.164.74$34,558
May 201435773494.734.73$37,288
Apr 201436393795.944.81$39,332
Mar 201439396895.895.06$42,580
Feb 201433686397.406.19$38,070
Jan 201444196590.404.86$44,557
Dec 201339493391.824.35$40,240
Nov 201336461188.853.74$34,625
Oct 201341259897.423.78$42,397
Sep 20133681,076104.113.72$42,313
Aug 20134201,258104.253.52$48,216
Jul 20134341,092102.523.72$48,553
Jun 201336248094.403.93$36,061
May 201339988894.834.15$41,522
Apr 201333752593.964.28$33,913
Mar 201327058193.623.91$27,551
Feb 201333548391.233.42$32,214
Jan 201333044391.603.42$31,743
Dec 201227464386.773.42$25,974
Nov 201229563886.953.62$27,963
Oct 201230374989.383.40$29,629
Sep 201226458294.672.92$26,691
Aug 201231444992.662.91$30,401
Jul 201230221385.133.02$26,353
Jun 201222839979.822.52$19,204
May 201227758091.612.49$26,819
Apr 2012322639101.652.00$34,007
Mar 2012271310105.052.22$29,157
Feb 2012247416101.102.57$26,041
Jan 201240347798.092.73$40,834
Dec 201141627296.873.24$41,179
Nov 201147427395.723.31$46,275
Oct 201129915984.983.65$25,989
Sep 201128817383.623.99$24,772
Aug 201129557083.404.15$26,968
Jul 201136168894.144.52$37,092
Jun 201134957092.904.64$35,067
May 201135530698.134.40$36,184
Apr 2011388400105.964.33$42,846
Mar 201142033196.364.06$41,814
Feb 201128120785.644.18$24,930
Jan 201133179086.504.59$32,257
Dec 20104151,38985.734.35$41,617
Nov 20103881,29780.843.80$36,288
Oct 20103841,05978.103.51$33,706
Sep 201038592872.633.98$31,656
Aug 20103691,02273.684.42$31,705
Jul 201040090472.554.74$33,302
Jun 201037777370.364.91$30,321
May 201036891971.124.24$30,064
Apr 201043983481.694.12$39,300
Mar 201048572078.394.39$41,179
Feb 201040467073.585.44$33,373
Jan 201046759674.365.96$38,281
Dec 200942241671.445.48$32,429
Nov 200942637874.593.75$33,193
Oct 200934156372.544.11$27,050
Sep 200944749365.543.06$30,807
Aug 200953979267.423.22$38,888
Jul 20093691,44061.133.46$27,546
Jun 200950871266.163.90$36,383
May 200932853654.743.93$20,059
Apr 200955391946.773.59$29,161
Mar 200942271042.144.06$20,665
Feb 20093651,02832.814.63$16,738
Jan 20093971,04635.865.37$19,854
Dec 20084121,09637.105.98$21,836
Nov 200837996255.496.86$27,630
Oct 200849697775.246.92$44,082
Sep 2008410324101.767.88$44,274
Aug 2008359783114.228.48$47,647
Jul 20084981,341131.0811.39$80,551
Jun 20084451,371131.3313.03$76,310
May 20083861,272123.1711.57$62,266
Apr 20084591,206110.3110.45$63,241
Mar 20085001,444101.909.66$64,905
Feb 20083951,19292.538.77$47,004
Jan 20085001,11990.388.21$54,372
Dec 200754193488.337.30$54,607
Nov 20075631,20091.677.29$60,360
Oct 20075781,43982.856.92$57,848
Sep 20075701,13975.846.24$50,341
Aug 200739375269.066.39$31,944
Jul 200740078070.906.39$33,343
Jun 200738558962.007.55$28,316
May 200752885858.747.85$37,747
Apr 200735867859.617.81$26,632
Mar 20074091,20556.927.30$32,079
Feb 200748499455.108.22$34,835
Jan 20074001,19350.306.73$28,145
Dec 20064371,29556.656.92$33,715
Nov 200638884454.207.62$27,459
Oct 20064431,23954.906.01$31,772
Sep 20064091,15960.085.04$30,411
Aug 20064021,04768.717.34$35,306
Jul 200638968169.376.34$31,304
Jun 200637375766.286.38$29,555
May 200640466066.016.42$30,909
Apr 20064151,13764.397.36$35,091
Mar 20064401,13856.707.08$33,008
Feb 20062931,05057.597.75$25,013
Jan 20064401,11660.598.93$36,629
Dec 20054621,04454.9413.42$39,388
Nov 200537380654.6910.59$28,934
Oct 200535753458.3413.80$28,194
Sep 20058647061.4512.08$10,962
Aug 200526654061.519.80$21,652
Jul 200547389655.697.84$33,369
Jun 200541064052.337.38$26,179
May 200536955745.226.65$20,391
Apr 200544273249.207.36$27,134
Mar 200558966850.377.15$34,447
Feb 200533539345.226.31$17,629
Jan 200541653443.166.32$21,331
Dec 200440132439.866.75$18,171
Nov 200428885145.286.33$18,428
Oct 20044251,20449.706.52$28,967
Sep 20044071,04443.245.28$23,115
Aug 20044351,29542.375.55$25,619
Jul 20044361,24138.286.08$24,241
Jun 200446191136.106.43$22,503
May 200446262437.486.49$21,368
Apr 20044541,54334.475.86$24,689
Mar 20045171,55234.365.53$26,347
Feb 20044441,37532.455.51$21,984
Jan 20044871,48732.036.30$24,966
Dec 20034581,53830.266.30$23,551
Nov 20034561,48128.804.60$19,938
Oct 20034311,50028.174.76$19,281
Sep 20034201,39726.314.75$17,685
Aug 20034391,40329.765.13$20,262
Jul 20034321,43229.415.17$20,110
Jun 20034111,40828.565.98$20,162
May 20034581,47226.595.97$20,970
Apr 20034491,52426.675.41$20,216
Mar 20034781,58231.146.10$24,529
Feb 20033921,21733.487.93$22,770
Jan 20034551,37530.315.58$21,466
Dec 20024241,38526.914.85$18,132
Nov 20024521,26324.664.14$16,371
Oct 20025091,70226.464.23$20,666
Sep 20024911,63427.443.64$19,413
Aug 20024501,54625.963.16$16,574
Jul 20025291,67324.583.06$18,125
Jun 20025041,60523.733.34$17,318
May 20024731,60824.663.58$17,427
Apr 20024931,46023.653.51$16,787
Mar 20024491,23122.003.10$13,697
Feb 200248483418.222.38$10,800
Jan 200239094217.172.38$8,934
Dec 20015361,36816.932.36$12,309
Nov 20013991,46618.072.41$10,736
Oct 20014921,76819.782.53$14,203
Sep 20015301,52824.262.25$16,298
Aug 20014411,58924.873.05$15,819
Jul 20015301,64823.933.20$17,952
Jun 20015821,73424.563.82$20,925
May 20016261,60425.524.31$22,884
Apr 20016181,63724.685.34$23,986
Mar 20017611,72424.545.38$27,944
Feb 20016991,53027.755.77$28,221
Jan 200159283927.478.40$23,309
Dec 20006191,18226.889.12$27,422
Nov 20004951,11632.215.66$22,258
Oct 200061777031.235.15$23,231
Sep 20004521,10031.875.19$20,110
Aug 20005631,15329.644.54$21,923
Jul 20005651,02028.534.09$20,291
Jun 200054288329.304.40$19,763
May 200070372027.263.68$21,813
Apr 200038583624.513.12$12,041
Mar 20004991,71328.422.86$19,080
Feb 20005682,48627.622.73$22,466
Jan 20006642,63525.272.48$23,315
Dec 19995632,47624.282.42$19,671
Nov 19995472,55523.192.43$18,904
Oct 19995301,47320.982.80$15,249
Sep 19995602,49721.752.62$18,719
Aug 19996502,10519.262.88$18,572
Jul 19996092,85317.892.37$17,663
Jun 19996282,78915.942.36$16,598
May 19995572,29415.792.32$14,119
Apr 19996272,82915.102.21$15,714
Mar 19996403,65812.471.84$14,705
Feb 19995262,7269.981.82$10,205
Jan 19995712,51710.381.90$10,709
Dec 19986012,7689.201.77$10,438
Nov 19986052,59910.892.19$12,269
Oct 19986052,44712.421.97$12,333
Sep 19986162,57212.592.08$13,112
Aug 19984882,06311.301.91$9,449
Jul 19985092,54311.742.24$11,665
Jun 19984292,32411.242.24$10,021
May 19985302,30612.622.21$11,776
Apr 19984301,63313.042.51$9,698
Mar 19984161,46612.802.31$8,710
Feb 19984281,91913.952.30$10,383
Jan 19985522,06814.702.15$12,571
Dec 19975642,40916.322.41$15,013
Nov 19974862,40518.193.09$16,268
Oct 19974882,36119.253.15$16,831
Sep 19974522,32017.742.95$14,874
Aug 19974982,42017.862.55$15,077
Jul 19975162,39817.582.25$14,459
Jun 19975732,14617.242.26$14,722
May 19976162,29218.972.31$16,977
Apr 19976262,00317.882.08$15,365
Mar 19976592,38418.951.94$17,111
Feb 19976691,97720.492.21$18,069
Jan 19975921,63923.483.54$19,702
Dec 19967021,47023.32$16,371
Nov 199642984621.97$9,425
Oct 19965121,08623.31$11,935
Sep 19964721,14722.22$10,488
Aug 19964561,22820.26$9,239
Jul 19965591,32419.55$10,928
Jun 19964451,25318.73$8,335
May 19964761,12519.43$9,249
Apr 19964611,32021.51$9,916
Mar 19964751,14319.38$9,206
Feb 19964811,20016.98$8,167
Jan 19965431,25717.07$9,269
Dec 19955721,38017.19$9,833
Nov 19955401,31516.00$8,640
Oct 19955241,21015.43$8,085
Sep 199552398916.18$8,462
Aug 19956452,86215.92$10,268
Jul 19955443,69615.24$8,291
Jun 19955721,57116.41$9,387
May 19955911,53917.56$10,378
Apr 19954811,46617.73$8,528
Mar 19955581,49516.44$9,174
Feb 19955161,46716.58$8,555
Jan 19957252,60215.92$11,542
Dec 19943301,09215.03$4,960
Nov 19946431,14415.90$10,224
Oct 19946811,96715.58$10,610
Sep 19945952,21015.29$9,098
Aug 19946832,78716.13$11,017
Jul 19946002,89217.56$10,536
Jun 19946712,30017.09$11,467
May 19946973,01415.88$11,068
Apr 19946602,85514.14$9,332
Mar 19947482,95512.46$9,320
Feb 19947342,60812.50$9,175
Jan 19948712,60112.66$11,027
Dec 19938072,89812.33$9,950
Nov 19937572,87814.49$10,969
Oct 19936902,74315.85$10,937
Sep 19936843,23215.03$10,281
Aug 19937552,87815.66$11,823
Jul 19938013,41015.46$12,383
Jun 19936123,38416.79$10,275
May 19937723,50117.68$13,649
Apr 19936693,23418.05$12,075
Mar 19938603,31018.14$15,600
Feb 19938053,00117.90$14,410
Jan 19939353,51616.93$15,830

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
Oil                  414 bbl  × $106.41 =    $44,054
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $44,054

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. 08/O/27885 is the state's own key, not one this site invented.