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 113567District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$2.1 M
Jan 1993 – Mar 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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
CondensateDisposition832 bbl$15,238
GasProduction769,953 Mcf$2,122,765
Total$2,138,004

148,194 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 27.5308, -99.0570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53079, -99.05700 · 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
12,105 ft
1 wells filed one
Completion to plug
25.6 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 12,105 ft.

Completions filed
Aug 1984
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47932364112,105 ftAug 1984Mar 2010Yes

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 (207)

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

207 months

Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
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 2007071688.337.30$5,228
Nov 200702,40891.677.29$17,558
Oct 200702182.856.92$145
Sep 200703275.846.24$200
Aug 200702369.066.39$147
Jul 200702470.906.39$153
Jun 200702862.007.55$211
May 200702358.747.85$180
Apr 200701459.617.81$109
Mar 200701156.927.30$80
Feb 200702155.108.22$173
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 20060166.016.42$6
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006018157.597.75$1,403
Jan 2006029560.598.93$2,635
Dec 2005022454.9413.42$3,005
Nov 2005025854.6910.59$2,732
Oct 2005040758.3413.80$5,615
Sep 2005050161.4512.08$6,052
Aug 2005041161.519.80$4,027
Jul 2005031955.697.84$2,502
Jun 2005032552.337.38$2,399
May 2005026245.226.65$1,743
Apr 2005026149.207.36$1,921
Mar 2005010750.377.15$766
Feb 200501,78245.226.31$11,248
Jan 200502943.166.32$183
Dec 20040039.866.75$0
Nov 200402645.286.33$165
Oct 200401749.706.52$111
Sep 2004024643.245.28$1,300
Aug 2004021042.375.55$1,166
Jul 2004029138.286.08$1,771
Jun 2004422336.106.43$1,579
May 200462,67737.486.49$17,611
Apr 2004504,86734.475.86$30,237
Mar 200405,44034.365.53$30,084
Feb 200406,84032.455.51$37,686
Jan 200408,62832.036.30$54,353
Dec 2003011,45130.266.30$72,160
Nov 2003011,62528.804.60$53,419
Oct 2003572028.174.76$3,568
Sep 200303326.314.75$157
Aug 200306129.765.13$313
Jul 2003015529.415.17$801
Jun 200309728.565.98$580
May 2003023726.595.97$1,416
Apr 200307,02026.675.41$37,959
Mar 200304,87331.146.10$29,706
Feb 200324,49633.487.93$35,702
Jan 200306,75530.315.58$37,707
Dec 200206,70926.914.85$32,564
Nov 2002012,96124.664.14$53,619
Oct 2002017,78326.464.23$75,206
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20022023.653.51$47
Mar 200206222.003.10$192
Feb 200208718.222.38$207
Jan 200203,54517.172.38$8,422
Dec 200106,55116.932.36$15,489
Nov 200106,31218.072.41$15,184
Oct 200106,57819.782.53$16,635
Sep 200106,45624.262.25$14,535
Aug 200106,57324.873.05$20,068
Jul 200106,70623.933.20$21,440
Jun 200108,65924.563.82$33,113
May 200133,58925.524.31$15,536
Apr 200107,35124.685.34$39,220
Mar 200105,52524.545.38$29,705
Feb 200106,31527.755.77$36,419
Jan 200107,06527.478.40$59,337
Dec 200007,27326.889.12$66,348
Nov 200007,20132.215.66$40,743
Oct 200007,61231.235.15$39,168
Sep 200007,32031.875.19$37,965
Aug 200007,07129.644.54$32,108
Jul 200008,04328.534.09$32,894
Jun 200007,91929.304.40$34,822
May 200007,12027.263.68$26,200
Apr 200007,82924.513.12$24,395
Mar 200008,30728.422.86$23,756
Feb 200007,89327.622.73$21,520
Jan 200008,76825.272.48$21,749
Dec 199908,96424.282.42$21,726
Nov 199908,95123.192.43$21,787
Oct 199909,30920.982.80$26,100
Sep 199909,59621.752.62$25,130
Aug 199909,37719.262.88$26,965
Jul 199907,78217.892.37$18,462
Jun 199909,02515.942.36$21,318
May 1999011,09815.792.32$25,759
Apr 1999011,56515.102.21$25,536
Mar 1999013,15012.471.84$24,174
Feb 1999015,3639.981.82$27,927
Jan 1999017,57210.381.90$33,386
Dec 1998021,2329.201.77$37,651
Nov 1998017,32210.892.19$37,861
Oct 1998113,19112.421.97$25,988
Sep 1998013,96812.592.08$29,090
Aug 1998718,84811.301.91$36,029
Jul 1998023,53611.742.24$52,656
Jun 1998035,31411.242.24$79,007
May 199812210,55312.622.21$24,823
Apr 199802,69613.042.51$6,754
Mar 199802,86812.802.31$6,623
Feb 199802,37413.952.30$5,458
Jan 199802,57614.702.15$5,551
Dec 199702,13916.322.41$5,157
Nov 199702,23818.193.09$6,912
Oct 19971462,67319.253.15$11,230
Sep 199702,74517.742.95$8,111
Aug 199702,63417.862.55$6,729
Jul 199702,82417.582.25$6,345
Jun 199701,80117.242.26$4,065
May 199702,60418.972.31$6,011
Apr 199702,91117.882.08$6,063
Mar 199712,82718.951.94$5,501
Feb 199701,81020.492.21$3,993
Jan 199701,46823.483.54$5,196
Dec 199601,53723.32$0
Nov 199611,62621.97$22
Oct 199601,74223.31$0
Sep 199612,23622.22$22
Aug 199602,36420.26$0
Jul 199602,17319.55$0
Jun 199602,08918.73$0
May 199622,30419.43$39
Apr 1996712,27221.51$1,527
Mar 199601,98719.38$0
Feb 199602,13916.98$0
Jan 199602,42917.07$0
Dec 199502,39817.19$0
Nov 199502,41116.00$0
Oct 199502,59015.43$0
Sep 199502,69716.18$0
Aug 199512,41415.92$16
Jul 199502,66315.24$0
Jun 199502,37316.41$0
May 1995302,64617.56$527
Apr 199502,82617.73$0
Mar 199502,62316.44$0
Feb 199512,34516.58$17
Jan 19951333,35015.92$2,117
Dec 199403,39215.03$0
Nov 199403,39215.90$0
Oct 199403,69515.58$0
Sep 199402,90515.29$0
Aug 199403,10116.13$0
Jul 199403,80417.56$0
Jun 199403,66517.09$0
May 19941384,07615.88$2,191
Apr 199403,52414.14$0
Mar 199423,95712.46$25
Feb 199403,70412.50$0
Jan 199413,77612.66$13
Dec 199304,12912.33$0
Nov 199304,14814.49$0
Oct 199303,69715.85$0
Sep 199304,53815.03$0
Aug 199303,18415.66$0
Jul 199304,33515.46$0
Jun 199304,11216.79$0
May 1993104,16317.68$177
Apr 1993924,43918.05$1,661
Mar 199304,18718.14$0
Feb 199303,81917.90$0
Jan 199304,21816.93$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.

Dec 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 88.33 =         $0
Gas                  716 Mcf  × $  7.30 =     $5,228

────────────────────────────────────────────────────
Month total                                   $5,228

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/113567 is the state's own key, not one this site invented.