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 118092District 04Field 93215400NGPA filingCondensateGasSave Export

Value, all time

$97 k

Jan 1993 – Sep 2003

Value, last 12 filed months

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	238 bbl	$4,443
Gas	Production	103,549 Mcf	$92,876
Total			$97,319

71,086 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 27.5466, -99.1006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54662, -99.10058 · 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

11,000 ft

1 wells filed one

Completion to plug

18.1 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 11,000 ft.

Completions filed

Aug 1985

1 of 1 wells

Plug dates filed

Sep 2003

1 of 1 wells

Last completion to plug: a median of 18.1 years across the 1 well that filed both dates, with the middle half between 18.1 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934126	2	11,000 ft	Aug 1985	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	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	15	25.96	3.16	$47
Jul 2002	0	115	24.58	3.06	$352
Jun 2002	0	155	23.73	3.34	$517
May 2002	0	237	24.66	3.58	$849
Apr 2002	0	278	23.65	3.51	$976
Mar 2002	0	495	22.00	3.10	$1,536
Feb 2002	0	274	18.22	2.38	$651
Jan 2002	0	638	17.17	2.38	$1,516
Dec 2001	0	193	16.93	2.36	$456
Nov 2001	0	116	18.07	2.41	$279
Oct 2001	0	133	19.78	2.53	$336
Sep 2001	0	206	24.26	2.25	$464
Aug 2001	0	32	24.87	3.05	$98
Jul 2001	0	176	23.93	3.20	$563
Jun 2001	0	144	24.56	3.82	$551
May 2001	0	292	25.52	4.31	$1,258
Apr 2001	0	135	24.68	5.34	$720
Mar 2001	0	452	24.54	5.38	$2,430
Feb 2001	0	333	27.75	5.77	$1,920
Jan 2001	0	344	27.47	8.40	$2,889
Dec 2000	0	271	26.88	9.12	$2,472
Nov 2000	0	218	32.21	5.66	$1,233
Oct 2000	0	266	31.23	5.15	$1,369
Sep 2000	0	412	31.87	5.19	$2,137
Aug 2000	0	539	29.64	4.54	$2,447
Jul 2000	0	301	28.53	4.09	$1,231
Jun 2000	0	520	29.30	4.40	$2,287
May 2000	0	403	27.26	3.68	$1,483
Apr 2000	0	380	24.51	3.12	$1,184
Mar 2000	0	464	28.42	2.86	$1,327
Feb 2000	0	277	27.62	2.73	$755
Jan 2000	0	575	25.27	2.48	$1,426
Dec 1999	0	568	24.28	2.42	$1,377
Nov 1999	0	373	23.19	2.43	$908
Oct 1999	0	686	20.98	2.80	$1,923
Sep 1999	0	251	21.75	2.62	$657
Aug 1999	0	487	19.26	2.88	$1,400
Jul 1999	0	515	17.89	2.37	$1,222
Jun 1999	0	400	15.94	2.36	$945
May 1999	0	317	15.79	2.32	$736
Apr 1999	0	528	15.10	2.21	$1,166
Mar 1999	0	410	12.47	1.84	$754
Feb 1999	0	280	9.98	1.82	$509
Jan 1999	0	245	10.38	1.90	$465
Dec 1998	0	382	9.20	1.77	$677
Nov 1998	0	427	10.89	2.19	$933
Oct 1998	0	469	12.42	1.97	$924
Sep 1998	0	480	12.59	2.08	$1,000
Aug 1998	0	557	11.30	1.91	$1,062
Jul 1998	0	540	11.74	2.24	$1,208
Jun 1998	0	559	11.24	2.24	$1,251
May 1998	0	422	12.62	2.21	$931
Apr 1998	0	557	13.04	2.51	$1,395
Mar 1998	0	661	12.80	2.31	$1,527
Feb 1998	0	775	13.95	2.30	$1,782
Jan 1998	0	814	14.70	2.15	$1,754
Dec 1997	0	714	16.32	2.41	$1,722
Nov 1997	0	782	18.19	3.09	$2,415
Oct 1997	0	708	19.25	3.15	$2,230
Sep 1997	0	817	17.74	2.95	$2,414
Aug 1997	0	998	17.86	2.55	$2,550
Jul 1997	0	1,214	17.58	2.25	$2,728
Jun 1997	0	1,236	17.24	2.26	$2,790
May 1997	1	599	18.97	2.31	$1,402
Apr 1997	1	1,121	17.88	2.08	$2,353
Mar 1997	1	1,004	18.95	1.94	$1,966
Feb 1997	2	1,210	20.49	2.21	$2,710
Jan 1997	0	968	23.48	3.54	$3,426
Dec 1996	60	971	23.32	—	$1,399
Nov 1996	0	1,107	21.97	—	$0
Oct 1996	0	1,058	23.31	—	$0
Sep 1996	1	783	22.22	—	$22
Aug 1996	0	1,142	20.26	—	$0
Jul 1996	0	1,364	19.55	—	$0
Jun 1996	0	1,142	18.73	—	$0
May 1996	0	977	19.43	—	$0
Apr 1996	1	923	21.51	—	$22
Mar 1996	2	783	19.38	—	$39
Feb 1996	3	1,132	16.98	—	$51
Jan 1996	1	972	17.07	—	$17
Dec 1995	1	1,244	17.19	—	$17
Nov 1995	1	546	16.00	—	$16
Oct 1995	2	1,427	15.43	—	$31
Sep 1995	43	970	16.18	—	$696
Aug 1995	1	843	15.92	—	$16
Jul 1995	3	1,448	15.24	—	$46
Jun 1995	1	1,356	16.41	—	$16
May 1995	2	982	17.56	—	$35
Apr 1995	1	1,512	17.73	—	$18
Mar 1995	1	1,685	16.44	—	$16
Feb 1995	1	1,191	16.58	—	$17
Jan 1995	1	1,600	15.92	—	$16
Dec 1994	1	1,955	15.03	—	$15
Nov 1994	1	2,055	15.90	—	$16
Oct 1994	1	1,909	15.58	—	$16
Sep 1994	1	1,706	15.29	—	$15
Aug 1994	2	1,996	16.13	—	$32
Jul 1994	1	1,985	17.56	—	$18
Jun 1994	1	1,304	17.09	—	$17
May 1994	1	1,616	15.88	—	$16
Apr 1994	2	1,705	14.14	—	$28
Mar 1994	2	1,829	12.46	—	$25
Feb 1994	0	2,015	12.50	—	$0
Jan 1994	1	1,460	12.66	—	$13
Dec 1993	0	2,037	12.33	—	$0
Nov 1993	0	1,165	14.49	—	$0
Oct 1993	0	2,784	15.85	—	$0
Sep 1993	0	1,881	15.03	—	$0
Aug 1993	0	1,595	15.66	—	$0
Jul 1993	0	1,762	15.46	—	$0
Jun 1993	0	1,173	16.79	—	$0
May 1993	88	2,605	17.68	—	$1,556
Apr 1993	0	2,400	18.05	—	$0
Mar 1993	5	2,353	18.14	—	$91
Feb 1993	0	1,429	17.90	—	$0
Jan 1993	0	1,209	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 2002 — as filed, then multipliedworked

Condensate             0 bbl  × $ 25.96 =         $0
Gas                   15 Mcf  × $  3.16 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/118092 is the state's own key, not one this site invented.