ESPADA

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

Oil lease lease 37394District 08Field 03371400OilCasinghead gasSaveExport
Value, all time
$23.2 M
Sep 2004 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
261
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 14 leases and 41 wells, and the rule below applies to all of them.

Discovered
1986-09-14
as the register files it
Field class
Oil
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 2006-04-01.

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
OilDisposition247,884 bbl$16,368,100
Casinghead gasProduction1,395,367 Mcf$6,795,003
Total$23,163,103

Wells on this lease (3)

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 31.9921, -102.8081. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.99231, -102.80791 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,480 ft
3 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.
3100.0%

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 8,450 and 8,495 ft, median 8,480 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2004 – Mar 2006
3 of 3 wells

3 wells

42-4953297938,450 ftMar 2006
42-4953295728,495 ftDec 2004
42-4953295018,480 ftSep 2004

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 (261)

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

261 months

May 20261940106.413.05$20,644
Apr 20261952,55898.932.87$26,632
Mar 20262062,80589.753.15$27,323
Feb 20262362,44763.503.75$24,163
Jan 20261792,78959.138.00$32,890
Dec 20252123,63056.664.41$28,032
Nov 20252092,48158.593.93$21,987
Oct 20252131,72559.383.30$18,349
Sep 20251681,68362.743.08$15,719
Aug 20251673,23063.933.01$20,414
Jul 20251602,76366.743.32$19,838
Jun 20252123,09066.483.13$23,762
May 20252223,46360.553.23$24,636
Apr 20252183,01862.363.54$24,288
Mar 20252042,77267.704.27$25,643
Feb 20252132,28570.884.34$25,016
Jan 20252652,35474.324.28$29,767
Dec 20243482,33468.993.12$31,294
Nov 20242922,56169.052.20$25,793
Oct 20243181,01771.372.28$25,016
Sep 20242972,92169.612.36$27,580
Aug 20242942,94775.632.06$28,317
Jul 20242022,39979.932.15$21,296
Jun 20241802,74278.082.63$21,277
May 20241562,34878.812.20$17,456
Apr 20241942,20584.451.66$20,042
Mar 20242242,80180.301.55$22,315
Feb 20241672,44376.091.78$17,064
Jan 20242212,32273.023.30$23,795
Dec 20233373,33671.262.61$32,724
Nov 20233664,13377.892.81$40,111
Oct 20233514,20785.443.09$42,978
Sep 20232973,99289.042.74$37,363
Aug 20233414,14980.522.67$38,547
Jul 20233554,18974.852.64$37,638
Jun 20233553,66568.962.26$32,758
May 20233714,50370.622.23$36,230
Apr 20233534,85578.122.24$38,441
Mar 20233654,44972.852.39$37,237
Feb 20233574,18675.112.47$37,136
Jan 20233124,44076.533.39$38,919
Dec 20223644,35176.415.73$52,740
Nov 20222623,58485.005.65$42,506
Oct 20222243,11887.185.86$37,812
Sep 20221772,95684.888.16$39,156
Aug 20222283,67094.529.13$55,047
Jul 20224395,222101.587.54$83,978
Jun 20223193,884115.097.98$67,697
May 20223313,038109.378.43$61,821
Apr 20223503,342104.226.84$59,328
Mar 20224300108.885.08$46,818
Feb 20223122,97791.054.86$42,872
Jan 20223273,11981.844.54$40,915
Dec 20213053,15971.323.90$34,070
Nov 20213263,05077.435.24$41,215
Oct 20212343,72179.795.71$39,932
Sep 20213284,09269.865.35$44,810
Aug 20212914,47766.024.22$38,107
Jul 20213244,48370.783.98$40,784
Jun 20212904,13069.493.38$34,114
May 20214104,59463.483.02$39,890
Apr 20213514,26960.362.76$32,962
Mar 20213564,47661.302.72$33,984
Feb 20211953,53357.805.55$30,872
Jan 20212783,27050.412.81$23,204
Dec 20203264,59344.642.68$26,841
Nov 20203264,31838.772.71$24,326
Oct 20203635,05436.972.48$25,946
Sep 20202264,03237.091.99$16,410
Aug 20202134,53439.982.39$19,330
Jul 20202062,34238.371.83$12,179
Jun 20202882334.901.69$10,090
May 20203052,55016.921.81$9,788
Apr 20202211,81414.751.80$6,533
Mar 20203281,75430.341.86$13,207
Feb 20203621,53149.881.98$21,089
Jan 20205303,77357.252.09$38,246
Dec 20194804,96159.012.30$39,757
Nov 20193505,18855.302.75$33,626
Oct 20193254,81753.472.42$29,028
Sep 20193885,04255.052.66$34,757
Aug 20195967,02953.112.30$47,851
Jul 20194797,53656.272.46$45,492
Jun 20196435,74752.782.49$48,254
May 20191351,15058.482.74$11,046
Apr 20192072,38862.632.75$19,533
Mar 20194374,16656.803.06$37,578
Feb 20193794,69650.852.79$32,384
Jan 20195396,02146.033.23$44,247
Dec 20184694,39946.594.19$40,262
Nov 20185103,29852.934.24$40,969
Oct 20185524,16261.443.40$48,058
Sep 20183853,85759.543.11$34,910
Aug 20181572,69459.403.07$17,587
Jul 20181462,67765.142.93$17,359
Jun 20182616,26460.183.08$34,981
May 20182763,81665.382.90$29,114
Apr 20184183,60063.842.90$37,128
Mar 20182833,76161.222.79$27,807
Feb 20182883,28561.782.77$26,879
Jan 20183643,74062.874.01$37,880
Dec 20173112,89857.272.92$26,278
Nov 20173452,81655.423.12$27,901
Oct 20173793,27849.292.98$28,461
Sep 20173714,51747.523.09$31,575
Aug 20171743,38845.373.00$18,073
Jul 20171753,11743.873.09$17,300
Jun 20172712,42842.493.09$19,011
May 20172222,91645.373.26$19,588
Apr 20173743,12747.933.21$27,968
Mar 20174822,38946.772.98$29,671
Feb 20174753,66750.452.95$34,791
Jan 20175423,69449.413.42$39,409
Dec 20165014,16548.763.72$39,934
Nov 20166646,59142.492.64$45,642
Oct 20162123,42046.193.09$20,361
Sep 20162673,95541.553.10$23,357
Aug 20164755,96941.442.92$37,139
Jul 20165596,35741.622.92$41,856
Jun 20165017,20945.352.69$42,083
May 20165358,48642.521.99$39,644
Apr 20164867,43436.561.99$32,570
Mar 20168997,02033.011.79$42,270
Feb 20165655,62826.472.06$26,570
Jan 20164123,40827.352.36$19,326
Dec 20153693,63132.362.00$19,208
Nov 20154855,17938.792.17$30,038
Oct 20153717,33743.552.43$33,961
Sep 20153695,86942.992.76$32,052
Aug 20153726,21940.162.87$32,804
Jul 20154035,60648.152.95$35,915
Jun 20154405,01656.152.88$39,166
May 20154362,76555.212.96$32,243
Apr 20154943,96249.822.71$35,335
Mar 20157313,54942.892.93$41,768
Feb 20154614,21644.662.98$33,136
Jan 20154292,09143.433.10$25,115
Dec 20144004,12954.693.59$36,705
Nov 20143832,21570.464.25$36,404
Oct 20146183,36678.303.90$61,520
Sep 20143983,48486.164.05$48,386
Aug 20144144,26389.394.04$54,209
Jul 20144533,88396.564.18$59,971
Jun 20143824,28498.164.74$57,790
May 20143585,60894.734.73$60,420
Apr 20144653,99895.944.81$63,839
Mar 20145665,90795.895.06$84,144
Feb 20143953,63597.406.19$60,981
Jan 20144675,34790.404.86$68,207
Dec 20134485,38591.824.35$64,584
Nov 20134685,57788.853.74$62,430
Oct 20136694,63797.423.78$82,699
Sep 20133974,624104.113.72$58,523
Aug 20135415,758104.253.52$76,682
Jul 20136133,784102.523.72$76,913
Jun 20135764,55894.403.93$72,303
May 20137085,79394.834.15$91,175
Apr 20136505,26093.964.28$83,600
Mar 20138495,94993.623.91$102,761
Feb 20138755,90991.233.42$100,035
Jan 20139616,07691.603.42$108,807
Dec 20121,1006,78386.773.42$118,646
Nov 20129777,06286.953.62$110,550
Oct 20121,10710,11689.383.40$133,335
Sep 20129657,03494.672.92$111,885
Aug 20121,11810,54392.662.91$134,255
Jul 20128169,31385.133.02$97,599
Jun 20129368,63279.822.52$96,456
May 20121,0798,93091.612.49$121,068
Apr 20128326,965101.652.00$98,481
Mar 20121,0575,980105.052.22$124,326
Feb 20125854,785101.102.57$71,442
Jan 20122056,61498.092.73$38,192
Dec 20117935,19696.873.24$93,652
Nov 20118233,79795.723.31$91,350
Oct 20116426,34384.983.65$77,700
Sep 20117206,18383.623.99$84,851
Aug 20111,0237,46383.404.15$116,285
Jul 20118478,99194.144.52$120,351
Jun 20117155,61392.904.64$92,467
May 20118466,74698.134.40$112,733
Apr 20119136,622105.964.33$125,436
Mar 20117476,87096.364.06$99,855
Feb 20116614,45985.644.18$75,247
Jan 20119395,89886.504.59$108,288
Dec 20109407,09485.734.35$111,429
Nov 20109106,77780.843.80$99,285
Oct 20101,1326,68978.103.51$111,880
Sep 20101,1016,76772.633.98$106,895
Aug 20109967,42273.684.42$106,186
Jul 20108437,77272.554.74$97,972
Jun 20108756,65870.364.91$94,258
May 20101,0477,39371.124.24$105,774
Apr 20101,3465,90881.694.12$134,312
Mar 20101,0816,46378.394.39$113,104
Feb 20101,0705,72573.585.44$109,888
Jan 20109526,88674.365.96$111,859
Dec 20091,1928,19271.445.48$130,079
Nov 20091,1026,80874.593.75$107,738
Oct 20091,3717,96172.544.11$132,174
Sep 20091,2267,94265.543.06$104,692
Aug 20091,1746,49167.423.22$100,042
Jul 20091,1462,67861.133.46$79,333
Jun 20091,0263,42666.163.90$81,224
May 20091,2416,91154.743.93$95,063
Apr 20099987,16046.773.59$72,363
Mar 20091,1857,17242.144.06$79,047
Feb 20091,1896,56332.814.63$69,417
Jan 20091,3937,58335.865.37$90,681
Dec 20081,2787,68237.105.98$93,330
Nov 20081,2178,04055.496.86$122,689
Oct 20081,2648,31875.246.92$152,680
Sep 20081,2333,637101.767.88$154,119
Aug 20081,3036,775114.228.48$206,301
Jul 20089448,041131.0811.39$215,322
Jun 20081,2968,043131.3313.03$275,025
May 20081,6587,261123.1711.57$288,257
Apr 20081,4395,462110.3110.45$215,841
Mar 20081,5947,194101.909.66$231,952
Feb 20081,7246,48092.538.77$216,355
Jan 20081,8396,79190.388.21$221,934
Dec 20071,6306,44788.337.30$191,054
Nov 20071,8517,70691.677.29$225,871
Oct 20072,1177,75982.856.92$229,101
Sep 20072,2699,96575.846.24$234,304
Aug 20072,2919,13469.066.39$216,564
Jul 20072,4117,60070.906.39$219,488
Jun 20072,0127,28362.007.55$179,719
May 20072,21811,40658.747.85$219,780
Apr 20072,62411,58059.617.81$246,801
Mar 20072,73013,53656.927.30$254,231
Feb 20073,3219,72355.108.22$262,871
Jan 20072,98410,89450.306.73$223,378
Dec 20063,3749,81456.656.92$259,035
Nov 20062,95910,41954.207.62$239,744
Oct 20062,83111,66954.906.01$225,597
Sep 20062,95210,85860.085.04$232,050
Aug 20063,53510,00368.717.34$316,311
Jul 20064,0829,64069.376.34$344,313
Jun 20063,81711,07766.286.38$323,705
May 20063,6179,33866.016.42$298,755
Apr 20063,85310,68464.397.36$326,734
Mar 20064,27611,60456.707.08$324,639
Feb 20061,6656,78657.597.75$148,486
Jan 20062,4889,61460.598.93$236,633
Dec 20052,7657,45054.9413.42$251,854
Nov 20052,6396,59554.6910.59$214,157
Oct 20052,9157,61158.3413.80$275,061
Sep 20053,0772,42761.4512.08$218,397
Aug 20053,5896,09061.519.80$280,422
Jul 20053,99311,65255.697.84$313,764
Jun 20054,83413,86952.337.38$355,331
May 20054,46911,47945.226.65$278,437
Apr 20053,1008,02949.207.36$211,617
Mar 20052,6028,20750.377.15$189,783
Feb 20052,8852,48745.226.31$146,157
Jan 20053,9977,68443.166.32$221,090
Dec 20043,4704,92939.866.75$171,590
Nov 20043,1246,32545.286.33$181,495
Oct 20044,1047,77549.706.52$254,624
Sep 20045,29411,00643.245.28$287,067

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                  194 bbl  × $106.41 =    $20,644
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,644

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/37394 is the state's own key, not one this site invented.