VERGARA

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 107422District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$205 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
128
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
CondensateDisposition629 bbl$10,696
GasProduction133,364 Mcf$194,160
Total$204,855

71,945 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 27.5381, -99.0948. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53809, -99.09477 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,230 ft
1 wells filed one
Completion to plug
20.2 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 10,230 ft.

Completions filed
Jun 1983
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47933570110,230 ftJun 1983Aug 2003Yes

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 (128)

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

128 months

Aug 2003023729.765.13$1,216
Jul 20030029.415.17$0
Jun 2003023728.565.98$1,418
May 2003045026.595.97$2,688
Apr 2003030926.675.41$1,671
Mar 2003046731.146.10$2,847
Feb 2003039933.487.93$3,162
Jan 2003033330.315.58$1,859
Dec 2002037926.914.85$1,840
Nov 2002043924.664.14$1,816
Oct 2002057826.464.23$2,444
Sep 2002051527.443.64$1,872
Aug 2002061725.963.16$1,952
Jul 2002070824.583.06$2,168
Jun 2002087823.733.34$2,931
May 2002030324.663.58$1,086
Apr 2002033223.653.51$1,166
Mar 2002072822.003.10$2,259
Feb 2002059318.222.38$1,409
Jan 2002072317.172.38$1,718
Dec 2001063316.932.36$1,497
Nov 2001043118.072.41$1,037
Oct 2001059319.782.53$1,500
Sep 2001059424.262.25$1,337
Aug 2001065324.873.05$1,994
Jul 2001075423.933.20$2,411
Jun 2001067224.563.82$2,570
May 2001083925.524.31$3,614
Apr 2001023124.685.34$1,232
Mar 2001059624.545.38$3,204
Feb 2001062027.755.77$3,576
Jan 2001073427.478.40$6,165
Dec 2000072226.889.12$6,586
Nov 2000081632.215.66$4,617
Oct 2000086531.235.15$4,451
Sep 2000086431.875.19$4,481
Aug 2000097329.644.54$4,418
Jul 2000087628.534.09$3,583
Jun 2000088629.304.40$3,896
May 2000090227.263.68$3,319
Apr 2000076124.513.12$2,371
Mar 2000095728.422.86$2,737
Feb 2000088327.622.73$2,408
Jan 2000087525.272.48$2,170
Dec 1999087724.282.42$2,126
Nov 1999085523.192.43$2,081
Oct 1999081220.982.80$2,277
Sep 1999092621.752.62$2,425
Aug 199901,04919.262.88$3,017
Jul 199901,03617.892.37$2,458
Jun 199901,01715.942.36$2,402
May 1999086115.792.32$1,998
Apr 1999076415.102.21$1,687
Mar 1999086712.471.84$1,594
Feb 199907679.981.82$1,394
Jan 1999085910.381.90$1,632
Dec 199808139.201.77$1,442
Nov 1998074810.892.19$1,635
Oct 1998079312.421.97$1,562
Sep 1998065312.592.08$1,360
Aug 199801,21511.301.91$2,317
Jul 1998084111.742.24$1,882
Jun 1998087411.242.24$1,955
May 1998090512.622.21$1,997
Apr 1998079113.042.51$1,982
Mar 1998069612.802.31$1,607
Feb 199801,11713.952.30$2,568
Jan 1998073014.702.15$1,573
Dec 1997063916.322.41$1,541
Nov 1997075818.193.09$2,341
Oct 1997095019.253.15$2,992
Sep 1997085817.742.95$2,535
Aug 199701,03517.862.55$2,644
Jul 199701,12717.582.25$2,532
Jun 199701,13517.242.26$2,562
May 199711,44218.972.31$3,348
Apr 199701,32717.882.08$2,764
Mar 199701,45018.951.94$2,812
Feb 199721,30420.492.21$2,917
Jan 199721,57323.483.54$5,615
Dec 1996571,24723.32$1,329
Nov 199601,18721.97$0
Oct 199601,17423.31$0
Sep 199651,22522.22$111
Aug 199601,27420.26$0
Jul 199601,21719.55$0
Jun 199601,16318.73$0
May 199601,23019.43$0
Apr 199621,21121.51$43
Mar 199631,29319.38$58
Feb 1996761,24616.98$1,290
Jan 199601,48517.07$0
Dec 199501,35917.19$0
Nov 199511,23316.00$16
Oct 199501,26115.43$0
Sep 199501,24616.18$0
Aug 199501,52115.92$0
Jul 199511,54715.24$15
Jun 199501,43716.41$0
May 199511,48417.56$18
Apr 1995961,29217.73$1,702
Mar 199501,44416.44$0
Feb 199511,36716.58$17
Jan 199511,51415.92$16
Dec 199411,56415.03$15
Nov 199411,53715.90$16
Oct 199411,58015.58$16
Sep 199401,63015.29$0
Aug 199411,46116.13$16
Jul 1994461,72817.56$808
Jun 199411,68017.09$17
May 199411,81515.88$16
Apr 1994441,66214.14$622
Mar 199421,64912.46$25
Feb 199451,32412.50$63
Jan 199401,48112.66$0
Dec 19931081,51612.33$1,332
Nov 199301,52314.49$0
Oct 199301,56815.85$0
Sep 199301,78015.03$0
Aug 199301,78815.66$0
Jul 199301,88615.46$0
Jun 199301,75116.79$0
May 199302,02817.68$0
Apr 199301,97518.05$0
Mar 1993151,77918.14$272
Feb 19931541,63617.90$2,757
Jan 199301,94716.93$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                  237 Mcf  × $  5.13 =     $1,216

────────────────────────────────────────────────────
Month total                                   $1,216

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/107422 is the state's own key, not one this site invented.