VAQUILLAS RANCH

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 110462District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$76 k
Jan 1993 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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
CondensateDisposition1 bbl$19
GasProduction48,710 Mcf$76,307
Total$76,326

22,489 Mcf of this lease's gas, across 47 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 27.5720, -99.0413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57198, -99.04135 · 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
11,800 ft
1 wells filed one
Completion to plug
25.1 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 11,800 ft.

Completions filed
Apr 1984
1 of 1 wells
Plug dates filed
May 2009
1 of 1 wells

Last completion to plug: a median of 25.1 years across the 1 well that filed both dates, with the middle half between 25.1 years and 25.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479336901311,800 ftApr 1984May 2009Yes

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 (197)

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

197 months

May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200305333.487.93$420
Jan 20030030.315.58$0
Dec 200202326.914.85$112
Nov 20020924.664.14$37
Oct 2002052126.464.23$2,203
Sep 200203227.443.64$116
Aug 200202025.963.16$63
Jul 20020024.583.06$0
Jun 2002012223.733.34$407
May 200202724.663.58$97
Apr 200201423.653.51$49
Mar 2002015222.003.10$472
Feb 200201,10018.222.38$2,613
Jan 2002057617.172.38$1,368
Dec 2001030416.932.36$719
Nov 2001018218.072.41$438
Oct 2001018019.782.53$455
Sep 2001074024.262.25$1,666
Aug 2001070524.873.05$2,152
Jul 20010023.933.20$0
Jun 200107324.563.82$279
May 2001048025.524.31$2,068
Apr 2001097524.685.34$5,202
Mar 2001092624.545.38$4,979
Feb 2001023027.755.77$1,326
Jan 20010027.478.40$0
Dec 200007126.889.12$648
Nov 2000047932.215.66$2,710
Oct 200003431.235.15$175
Sep 200001,02231.875.19$5,301
Aug 2000019829.644.54$899
Jul 200003228.534.09$131
Jun 20000029.304.40$0
May 200004227.263.68$155
Apr 200002724.513.12$84
Mar 20000028.422.86$0
Feb 200004627.622.73$125
Jan 200002025.272.48$50
Dec 1999017424.282.42$422
Nov 1999026223.192.43$638
Oct 199901320.982.80$36
Sep 199905321.752.62$139
Aug 1999025419.262.88$730
Jul 19990017.892.37$0
Jun 1999032315.942.36$763
May 1999010415.792.32$241
Apr 1999087615.102.21$1,934
Mar 199901,67912.471.84$3,087
Feb 19990249.981.82$44
Jan 1999089310.381.90$1,697
Dec 199802,0829.201.77$3,692
Nov 199801,05210.892.19$2,299
Oct 1998012212.421.97$240
Sep 199808412.592.08$175
Aug 199809811.301.91$187
Jul 199809811.742.24$219
Jun 1998010011.242.24$224
May 1998011412.622.21$252
Apr 1998010913.042.51$273
Mar 1998019112.802.31$441
Feb 1998022013.952.30$506
Jan 199809314.702.15$200
Dec 1997012216.322.41$294
Nov 199701,42018.193.09$4,385
Oct 199702,31019.253.15$7,276
Sep 1997025417.742.95$751
Aug 1997018117.862.55$462
Jul 1997019817.582.25$445
Jun 1997015017.242.26$339
May 19970018.972.31$0
Apr 1997029717.882.08$619
Mar 199711,98618.951.94$3,870
Feb 1997086420.492.21$1,906
Jan 19970623.483.54$21
Dec 199604923.32$0
Nov 1996019721.97$0
Oct 1996026323.31$0
Sep 1996011922.22$0
Aug 1996029220.26$0
Jul 1996023019.55$0
Jun 1996023718.73$0
May 1996032519.43$0
Apr 1996044121.51$0
Mar 1996071319.38$0
Feb 199601,20116.98$0
Jan 1996060817.07$0
Dec 1995071617.19$0
Nov 1995042716.00$0
Oct 199501,65715.43$0
Sep 199502,75916.18$0
Aug 1995093515.92$0
Jul 1995021515.24$0
Jun 1995017116.41$0
May 1995017617.56$0
Apr 1995016917.73$0
Mar 1995023816.44$0
Feb 1995022416.58$0
Jan 1995021715.92$0
Dec 1994025515.03$0
Nov 1994017415.90$0
Oct 1994029515.58$0
Sep 1994033815.29$0
Aug 1994012316.13$0
Jul 1994016117.56$0
Jun 1994030417.09$0
May 1994016215.88$0
Apr 1994028814.14$0
Mar 1994053112.46$0
Feb 19940012.50$0
Jan 1994099212.66$0
Dec 1993067412.33$0
Nov 1993072614.49$0
Oct 1993070015.85$0
Sep 1993068415.03$0
Aug 1993045315.66$0
Jul 1993016215.46$0
Jun 1993022816.79$0
May 1993028417.68$0
Apr 1993043918.05$0
Mar 1993057718.14$0
Feb 1993068017.90$0
Jan 1993068016.93$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.

Feb 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 33.48 =         $0
Gas                   53 Mcf  × $  7.93 =       $420

────────────────────────────────────────────────────
Month total                                     $420

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/110462 is the state's own key, not one this site invented.