VERGARA

Name: VERGARA lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 107326District 04Field 93215400NGPA filingCondensateGasSave Export

Value, all time

$160 k

Jan 1993 – Sep 2003

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

129

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,706 bbl	$45,075
Gas	Production	153,340 Mcf	$114,756
Total			$159,831

115,603 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 27.5545, -99.1169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.55453, -99.11692 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,000 ft

1 wells filed one

Completion to plug

15.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,000 ft.

Completions filed

Feb 1988

1 of 1 wells

Plug dates filed

Sep 2003

1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933531	C 1	10,000 ft	Feb 1988	Sep 2003	Yes

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 (129)

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

129 months


Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	308	29.76	5.13	$1,580
Jul 2003	0	308	29.41	5.17	$1,593
Jun 2003	0	260	28.56	5.98	$1,556
May 2003	0	545	26.59	5.97	$3,255
Apr 2003	0	299	26.67	5.41	$1,617
Mar 2003	0	383	31.14	6.10	$2,335
Feb 2003	0	227	33.48	7.93	$1,799
Jan 2003	0	91	30.31	5.58	$508
Dec 2002	0	163	26.91	4.85	$791
Nov 2002	0	174	24.66	4.14	$720
Oct 2002	0	108	26.46	4.23	$457
Sep 2002	0	255	27.44	3.64	$927
Aug 2002	0	322	25.96	3.16	$1,019
Jul 2002	0	387	24.58	3.06	$1,185
Jun 2002	0	385	23.73	3.34	$1,285
May 2002	0	385	24.66	3.58	$1,380
Apr 2002	0	402	23.65	3.51	$1,412
Mar 2002	0	426	22.00	3.10	$1,322
Feb 2002	0	367	18.22	2.38	$872
Jan 2002	0	408	17.17	2.38	$969
Dec 2001	0	360	16.93	2.36	$851
Nov 2001	0	369	18.07	2.41	$888
Oct 2001	0	393	19.78	2.53	$994
Sep 2001	0	401	24.26	2.25	$903
Aug 2001	0	440	24.87	3.05	$1,343
Jul 2001	0	360	23.93	3.20	$1,151
Jun 2001	0	320	24.56	3.82	$1,224
May 2001	0	384	25.52	4.31	$1,654
Apr 2001	0	364	24.68	5.34	$1,942
Mar 2001	0	400	24.54	5.38	$2,151
Feb 2001	0	275	27.75	5.77	$1,586
Jan 2001	0	122	27.47	8.40	$1,025
Dec 2000	0	319	26.88	9.12	$2,910
Nov 2000	0	295	32.21	5.66	$1,669
Oct 2000	0	273	31.23	5.15	$1,405
Sep 2000	0	350	31.87	5.19	$1,815
Aug 2000	0	362	29.64	4.54	$1,644
Jul 2000	0	389	28.53	4.09	$1,591
Jun 2000	0	366	29.30	4.40	$1,609
May 2000	0	368	27.26	3.68	$1,354
Apr 2000	0	368	24.51	3.12	$1,147
Mar 2000	0	406	28.42	2.86	$1,161
Feb 2000	0	402	27.62	2.73	$1,096
Jan 2000	0	403	25.27	2.48	$1,000
Dec 1999	0	399	24.28	2.42	$967
Nov 1999	0	388	23.19	2.43	$944
Oct 1999	0	287	20.98	2.80	$805
Sep 1999	0	413	21.75	2.62	$1,082
Aug 1999	0	438	19.26	2.88	$1,260
Jul 1999	0	497	17.89	2.37	$1,179
Jun 1999	0	467	15.94	2.36	$1,103
May 1999	0	506	15.79	2.32	$1,174
Apr 1999	0	480	15.10	2.21	$1,060
Mar 1999	0	481	12.47	1.84	$884
Feb 1999	0	435	9.98	1.82	$791
Jan 1999	0	469	10.38	1.90	$891
Dec 1998	0	478	9.20	1.77	$848
Nov 1998	0	449	10.89	2.19	$981
Oct 1998	0	452	12.42	1.97	$890
Sep 1998	0	494	12.59	2.08	$1,029
Aug 1998	0	565	11.30	1.91	$1,078
Jul 1998	0	602	11.74	2.24	$1,347
Jun 1998	0	605	11.24	2.24	$1,354
May 1998	0	628	12.62	2.21	$1,386
Apr 1998	0	577	13.04	2.51	$1,446
Mar 1998	0	619	12.80	2.31	$1,430
Feb 1998	0	586	13.95	2.30	$1,347
Jan 1998	0	629	14.70	2.15	$1,355
Dec 1997	0	614	16.32	2.41	$1,480
Nov 1997	0	509	18.19	3.09	$1,572
Oct 1997	0	591	19.25	3.15	$1,862
Sep 1997	0	553	17.74	2.95	$1,634
Aug 1997	0	730	17.86	2.55	$1,865
Jul 1997	0	852	17.58	2.25	$1,914
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	765	18.97	2.31	$1,766
Apr 1997	0	1,059	17.88	2.08	$2,206
Mar 1997	2	1,979	18.95	1.94	$3,875
Feb 1997	4	2,182	20.49	2.21	$4,895
Jan 1997	2	1,267	23.48	3.54	$4,532
Dec 1996	0	747	23.32	—	$0
Nov 1996	0	703	21.97	—	$0
Oct 1996	35	480	23.31	—	$816
Sep 1996	0	731	22.22	—	$0
Aug 1996	4	612	20.26	—	$81
Jul 1996	0	808	19.55	—	$0
Jun 1996	0	1,449	18.73	—	$0
May 1996	121	2,451	19.43	—	$2,351
Apr 1996	146	2,956	21.51	—	$3,140
Mar 1996	1	1,503	19.38	—	$19
Feb 1996	3	2,354	16.98	—	$51
Jan 1996	131	1,359	17.07	—	$2,236
Dec 1995	1	4,037	17.19	—	$17
Nov 1995	127	2,909	16.00	—	$2,032
Oct 1995	2	4,112	15.43	—	$31
Sep 1995	141	3,767	16.18	—	$2,281
Aug 1995	1	4,594	15.92	—	$16
Jul 1995	150	4,381	15.24	—	$2,286
Jun 1995	4	671	16.41	—	$66
May 1995	0	778	17.56	—	$0
Apr 1995	0	895	17.73	—	$0
Mar 1995	0	846	16.44	—	$0
Feb 1995	125	1,536	16.58	—	$2,073
Jan 1995	1	3,158	15.92	—	$16
Dec 1994	0	1,061	15.03	—	$0
Nov 1994	87	2,559	15.90	—	$1,383
Oct 1994	136	2,030	15.58	—	$2,119
Sep 1994	1	1,698	15.29	—	$15
Aug 1994	91	1,690	16.13	—	$1,468
Jul 1994	0	1,619	17.56	—	$0
Jun 1994	134	2,601	17.09	—	$2,290
May 1994	104	1,969	15.88	—	$1,652
Apr 1994	0	1,180	14.14	—	$0
Mar 1994	1	2,366	12.46	—	$12
Feb 1994	147	1,143	12.50	—	$1,838
Jan 1994	1	2,552	12.66	—	$13
Dec 1993	78	2,291	12.33	—	$962
Nov 1993	0	3,761	14.49	—	$0
Oct 1993	140	2,748	15.85	—	$2,219
Sep 1993	0	1,618	15.03	—	$0
Aug 1993	86	5,195	15.66	—	$1,347
Jul 1993	128	4,282	15.46	—	$1,979
Jun 1993	100	6,812	16.79	—	$1,679
May 1993	146	6,349	17.68	—	$2,581
Apr 1993	149	4,760	18.05	—	$2,689
Mar 1993	0	3,449	18.14	—	$0
Feb 1993	176	2,314	17.90	—	$3,150
Jan 1993	0	1,719	16.93	—	$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.

Aug 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 29.76 =         $0
Gas                  308 Mcf  × $  5.13 =     $1,580

────────────────────────────────────────────────────
Month total                                   $1,580

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/107326 is the state's own key, not one this site invented.