VAQUILLAS RANCH CO., LTD

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 120718District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$26.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
401
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
CondensateDisposition69,105 bbl$2,050,610
GasProduction7,660,251 Mcf$24,182,901
Total$26,233,511

2,023,777 Mcf of this lease's gas, across 46 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 27.6134, -99.0694. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61340, -99.06942 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,200 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,200 ft.

Completions filed
Mar 1986
1 of 1 wells

1 well

42-479343243510,200 ftMar 1986

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 (401)

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

401 months

May 2026346,602106.413.05$23,727
Apr 2026526,60298.932.87$24,090
Mar 2026846,79089.753.15$28,924
Feb 202606,09463.503.75$22,854
Jan 2026516,47159.138.00$54,770
Dec 2025716,59256.664.41$33,116
Nov 2025546,27958.593.93$27,818
Oct 2025676,59559.383.30$25,774
Sep 2025376,39662.743.08$22,001
Aug 2025706,87063.933.01$25,187
Jul 2025346,74766.743.32$24,637
Jun 2025856,60766.483.13$26,322
May 2025176,42360.553.23$21,791
Apr 2025726,41162.363.54$27,205
Mar 2025196,87967.704.27$30,648
Feb 2025586,00370.884.34$30,169
Jan 2025346,73574.324.28$31,344
Dec 2024806,55768.993.12$25,986
Nov 2024396,92669.052.20$17,919
Oct 2024626,98871.372.28$20,367
Sep 2024607,07169.612.36$20,895
Aug 2024906,55675.632.06$20,336
Jul 2024195,97479.932.15$14,342
Jun 2024656,18878.082.63$21,374
May 2024367,24478.812.20$18,763
Apr 2024317,03484.451.66$14,289
Mar 2024446,91280.301.55$14,213
Feb 2024476,65776.091.78$15,450
Jan 2024536,90373.023.30$26,634
Dec 2023186,65771.262.61$18,662
Nov 2023666,76477.892.81$24,131
Oct 2023966,87485.443.09$29,424
Sep 2023486,86689.042.74$23,053
Aug 2023717,04180.522.67$24,537
Jul 2023707,24174.852.64$24,369
Jun 2023877,58368.962.26$23,126
May 2023427,54270.622.23$19,765
Apr 2023657,07278.122.24$20,903
Mar 2023817,45472.852.39$23,739
Feb 2023426,73075.112.47$19,749
Jan 2023336,72176.533.39$25,294
Dec 2022476,53676.415.73$41,037
Nov 2022486,94485.005.65$43,287
Oct 2022286,84087.185.86$42,549
Sep 2022616,78684.888.16$60,576
Aug 2022606,68594.529.13$66,686
Jul 2022616,859101.587.54$57,928
Jun 2022286,783115.097.98$57,332
May 2022387,198109.378.43$64,857
Apr 2022506,378104.226.84$48,821
Mar 2022506,735108.885.08$39,634
Feb 2022396,25391.054.86$33,933
Jan 2022387,44181.844.54$36,875
Dec 2021376,84471.323.90$29,324
Nov 2021467,01477.435.24$40,293
Oct 2021306,73879.795.71$40,894
Sep 2021446,94369.865.35$40,225
Aug 2021577,52166.024.22$35,506
Jul 2021347,36070.783.98$31,715
Jun 2021497,09869.493.38$27,401
May 2021517,14863.483.02$24,808
Apr 2021417,44460.362.76$23,008
Mar 2021537,58961.302.72$23,868
Feb 2021277,44857.805.55$42,882
Jan 2021637,52550.412.81$24,323
Dec 2020586,73944.642.68$20,619
Nov 202077,37238.772.71$20,224
Oct 202089,06136.972.48$22,753
Sep 2020108,82537.091.99$17,942
Aug 2020148,08639.982.39$19,846
Jul 2020128,05338.371.83$15,158
Jun 2020108,15434.901.69$14,132
May 202028,27116.921.81$15,044
Apr 202048,97414.751.80$16,252
Mar 202047,58030.341.86$14,192
Feb 202046,70649.881.98$13,482
Jan 202076,98457.252.09$15,030
Dec 2019136,56359.012.30$15,891
Nov 2019586,28555.302.75$20,496
Oct 2019657,35153.472.42$21,254
Sep 2019507,26055.052.66$22,044
Aug 2019486,51953.112.30$17,571
Jul 2019557,74356.272.46$22,143
Jun 2019567,54852.782.49$21,759
May 2019428,55358.482.74$25,894
Apr 2019868,18762.632.75$27,906
Mar 2019537,60756.803.06$26,304
Feb 2019647,35850.852.79$23,800
Jan 20191067,23046.033.23$28,219
Dec 2018777,82246.594.19$36,326
Nov 2018658,02252.934.24$37,432
Oct 2018788,49261.443.40$33,649
Sep 2018508,43459.543.11$29,190
Aug 2018658,38059.403.07$29,559
Jul 2018638,75965.142.93$29,784
Jun 2018378,50460.183.08$28,393
May 2018379,06165.382.90$28,703
Apr 2018498,77363.842.90$28,577
Mar 2018618,30161.222.79$26,868
Feb 2018487,82561.782.77$24,610
Jan 2018619,08262.874.01$40,248
Dec 2017498,46257.272.92$27,528
Nov 2017668,80955.423.12$31,127
Oct 2017319,04549.292.98$28,515
Sep 2017218,13047.523.09$26,098
Aug 2017219,85145.373.00$30,549
Jul 2017328,65943.873.09$28,137
Jun 2017228,56142.493.09$27,365
May 2017248,80245.373.26$29,813
Apr 2017308,95047.933.21$30,182
Mar 2017709,45146.772.98$31,473
Feb 2017438,70450.452.95$27,869
Jan 2017869,23949.413.42$35,836
Dec 20165410,15048.763.72$40,420
Nov 2016598,50442.492.64$24,994
Oct 201639,81346.193.09$30,463
Sep 2016198,52741.553.10$27,229
Aug 2016398,14141.442.92$25,423
Jul 2016719,47841.622.92$30,672
Jun 2016669,02545.352.69$27,233
May 2016629,75342.521.99$22,055
Apr 2016147,70036.561.99$15,843
Mar 2016108,69533.011.79$15,929
Feb 2016128,12926.472.06$17,093
Jan 2016129,97827.352.36$23,920
Dec 2015129,67332.362.00$19,748
Nov 201509,74638.792.17$21,123
Oct 2015910,28743.552.43$25,354
Sep 2015289,09642.992.76$26,294
Aug 20152311,31540.162.87$33,426
Jul 20152911,95848.152.95$36,614
Jun 20153511,32256.152.88$34,605
May 20153612,34755.212.96$38,479
Apr 20152710,65549.822.71$30,184
Mar 201509,52142.892.93$27,941
Feb 2015011,24844.662.98$33,476
Jan 201509,48543.433.10$29,409
Dec 2014011,20454.693.59$40,238
Nov 2014010,96970.464.25$46,638
Oct 201414911,31878.303.90$55,818
Sep 201472910,78886.164.05$106,453
Aug 201475912,36489.394.04$117,737
Jul 201473710,42996.564.18$114,754
Jun 201462411,28898.164.74$114,722
May 201445511,34094.734.73$96,701
Apr 20142210,76395.944.81$53,871
Mar 20141411,09295.895.06$57,432
Feb 2014249,86897.406.19$63,440
Jan 20141710,52990.404.86$52,715
Dec 20132012,04291.824.35$54,273
Nov 20132312,23388.853.74$47,774
Oct 2013169,12397.423.78$36,038
Sep 2013010,891104.113.72$40,490
Aug 2013011,171104.253.52$39,351
Jul 2013011,216102.523.72$41,698
Jun 2013011,20794.403.93$44,082
May 20138912,35094.834.15$59,681
Apr 201332111,44093.964.28$79,154
Mar 201314412,51393.623.91$62,443
Feb 201316212,35891.233.42$57,043
Jan 201315913,82891.603.42$61,855
Dec 201215913,18886.773.42$58,902
Nov 201220812,23586.953.62$62,437
Oct 201226012,87189.383.40$66,996
Sep 201216412,52494.672.92$52,076
Aug 2012012,72892.662.91$37,015
Jul 2012012,94385.133.02$39,098
Jun 2012012,56679.822.52$31,654
May 2012013,30091.612.49$33,095
Apr 2012013,303101.652.00$26,563
Mar 2012013,617105.052.22$30,258
Feb 2012012,788101.102.57$32,868
Jan 2012013,44298.092.73$36,752
Dec 2011013,63196.873.24$44,161
Nov 2011013,25195.723.31$43,878
Oct 2011013,03384.983.65$47,551
Sep 2011013,42383.623.99$53,501
Aug 2011014,08983.404.15$58,460
Jul 2011014,57094.144.52$65,816
Jun 2011014,33892.904.64$66,527
May 2011014,64198.134.40$64,491
Apr 2011013,971105.964.33$60,540
Mar 2011014,03096.364.06$56,924
Feb 2011013,67485.644.18$57,157
Jan 2011014,90986.504.59$68,414
Dec 2010014,91985.734.35$64,864
Nov 2010014,42380.843.80$54,740
Oct 2010014,70478.103.51$51,595
Sep 20104614,94272.633.98$62,802
Aug 20108715,27873.684.42$73,929
Jul 201022416,12472.554.74$92,622
Jun 20108212,24070.364.91$65,873
May 20109013,01871.124.24$61,535
Apr 20103513,63081.694.12$59,051
Mar 2010014,80678.394.39$64,979
Feb 2010013,52273.585.44$73,592
Jan 2010014,50574.365.96$86,509
Dec 2009014,83771.445.48$81,362
Nov 2009014,57474.593.75$54,674
Oct 2009015,66872.544.11$64,399
Sep 2009214,81465.543.06$45,532
Aug 20091215,06367.423.22$49,289
Jul 20091815,94961.133.46$56,356
Jun 20092015,83566.163.90$63,001
May 20091516,72954.743.93$66,495
Apr 20091414,72846.773.59$53,491
Mar 2009913,65742.144.06$55,813
Feb 2009014,75532.814.63$68,360
Jan 2009016,67735.865.37$89,572
Dec 2008015,80837.105.98$94,487
Nov 2008015,79655.496.86$108,366
Oct 2008017,51075.246.92$121,204
Sep 2008016,119101.767.88$126,971
Aug 2008016,534114.228.48$140,258
Jul 2008017,801131.0811.39$202,743
Jun 2008018,285131.3313.03$238,302
May 200807,325123.1711.57$84,782
Apr 2008015,908110.3110.45$166,316
Mar 2008017,403101.909.66$168,184
Feb 2008016,15392.538.77$141,671
Jan 2008018,01490.388.21$147,818
Dec 2007015,99188.337.30$116,766
Nov 2007016,82491.677.29$122,676
Oct 2007016,93482.856.92$117,217
Sep 2007017,24375.846.24$107,668
Aug 2007018,01369.066.39$115,066
Jul 2007016,93670.906.39$108,186
Jun 2007017,43462.007.55$131,600
May 2007018,54058.747.85$145,470
Apr 2007017,56359.617.81$137,083
Mar 20076317,20856.927.30$129,238
Feb 200728016,14555.108.22$148,075
Jan 200735115,47150.306.73$121,726
Dec 200632119,24356.656.92$151,316
Nov 200632217,95854.207.62$154,247
Oct 200629919,39354.906.01$133,041
Sep 200628118,83360.085.04$111,748
Aug 20063619,03768.717.34$142,204
Jul 20062919,34469.376.34$124,706
Jun 20063518,81266.286.38$122,413
May 20063219,97466.016.42$130,445
Apr 20062619,25564.397.36$143,400
Mar 20061118,23056.707.08$129,745
Feb 2006816,10157.597.75$125,262
Jan 2006517,74960.598.93$158,860
Dec 2005618,90854.9413.42$253,988
Nov 2005918,37054.6910.59$195,001
Oct 20053022,32258.3413.80$309,699
Sep 20053722,98461.4512.08$279,897
Aug 20054127,98961.519.80$276,726
Jul 20055924,63755.697.84$196,529
Jun 20052010,00352.337.38$74,879
May 20054522,50145.226.65$151,693
Apr 20055920,73549.207.36$155,522
Mar 2005121,29050.377.15$152,378
Feb 20051519,19545.226.31$121,836
Jan 20056921,43343.166.32$138,482
Dec 20048421,25139.866.75$146,815
Nov 20047721,28545.286.33$138,230
Oct 20047621,95849.706.52$146,836
Sep 200410120,52043.245.28$112,793
Aug 20047422,61342.375.55$128,652
Jul 20049822,68438.286.08$141,765
Jun 200425428,15136.106.43$190,265
May 20046415,43037.486.49$102,610
Apr 20047121,44434.475.86$128,076
Mar 20046722,57834.365.53$127,162
Feb 20046121,97332.455.51$123,042
Jan 200411521,91132.036.30$141,715
Dec 200310618,09630.266.30$117,242
Nov 20037216,98028.804.60$80,099
Oct 20036318,58528.174.76$90,233
Sep 20036722,07526.314.75$106,605
Aug 20036122,91829.765.13$119,378
Jul 20035325,29829.415.17$132,371
Jun 20035624,73828.565.98$149,606
May 20035626,38126.595.97$159,054
Apr 20037420,24426.675.41$111,439
Mar 20038626,59431.146.10$164,796
Feb 20038623,85633.487.93$191,959
Jan 20035530,45330.315.58$171,657
Dec 20024624,74526.914.85$121,344
Nov 20025224,10724.664.14$101,012
Oct 20023724,39926.464.23$104,165
Sep 20024023,21427.443.64$85,485
Aug 20025125,56225.963.16$82,206
Jul 20026125,15524.583.06$78,518
Jun 20025925,53623.733.34$86,645
May 20028225,02924.663.58$91,726
Apr 20027225,71623.653.51$92,026
Mar 20029626,96922.003.10$85,789
Feb 20028423,54318.222.38$57,461
Jan 20029523,51017.172.38$57,483
Dec 20015424,40616.932.36$58,620
Nov 20016724,40318.072.41$59,913
Oct 20018128,36219.782.53$73,326
Sep 200113827,08924.262.25$64,334
Aug 200115425,01124.873.05$80,193
Jul 200111627,03123.933.20$89,196
Jun 200112627,94224.563.82$109,949
May 200115426,81225.524.31$119,418
Apr 200112626,38124.685.34$143,861
Mar 200114727,31824.545.38$150,481
Feb 20016322,58427.755.77$131,992
Jan 20018626,36827.478.40$223,821
Dec 20007427,18426.889.12$249,975
Nov 20009024,55432.215.66$141,825
Oct 20008628,27431.235.15$148,170
Sep 20006427,84431.875.19$146,453
Aug 20007531,30829.644.54$144,385
Jul 20005827,84028.534.09$115,513
Jun 20007829,96729.304.40$134,058
May 20007931,32927.263.68$117,436
Apr 20006628,82324.513.12$91,430
Mar 200012627,59228.422.86$82,487
Feb 200013327,73527.622.73$79,293
Jan 200013030,86225.272.48$79,838
Dec 199916230,92524.282.42$78,887
Nov 199965230,43223.192.43$89,191
Oct 199968232,73620.982.80$106,091
Sep 199967129,75421.752.62$92,516
Aug 199960631,01419.262.88$100,855
Jul 199973531,68417.892.37$88,315
Jun 199944931,83515.942.36$82,355
May 199945131,21615.792.32$79,574
Apr 199942927,81715.102.21$67,899
Mar 199931818,24012.471.84$37,497
Feb 199933117,2349.981.82$34,631
Jan 199948532,04710.381.90$65,922
Dec 199831333,5399.201.77$62,355
Nov 199830133,22010.892.19$75,888
Oct 199827036,49612.421.97$75,222
Sep 1998333,34012.592.08$69,472
Aug 1998238,65911.301.91$73,759
Jul 19983134,02811.742.24$76,494
Jun 199833031,26111.242.24$73,649
May 199845136,52912.622.21$86,287
Apr 199850034,99213.042.51$94,187
Mar 199853936,69812.802.31$91,651
Feb 199851734,66413.952.30$86,909
Jan 199852036,85414.702.15$87,057
Dec 199754440,37616.322.41$106,229
Nov 199738340,31418.193.09$131,467
Oct 199737540,63419.253.15$135,209
Sep 199733740,21617.742.95$124,812
Aug 199740041,05917.862.55$112,039
Jul 199761743,39717.582.25$108,357
Jun 199777838,24517.242.26$99,739
May 199794137,58018.972.31$104,604
Apr 19971,08938,01217.882.08$98,642
Mar 19971,10640,34118.951.94$99,186
Feb 19971,03641,42320.492.21$112,603
Jan 19971,32844,66923.483.54$189,296
Dec 19961,03445,98823.32$24,113
Nov 199692344,50021.97$20,278
Oct 19961,08847,97323.31$25,361
Sep 19961,03246,96822.22$22,931
Aug 19961,04451,28820.26$21,151
Jul 199699051,52719.55$19,355
Jun 199685851,55418.73$16,070
May 199691957,08619.43$17,856
Apr 1996062,01321.51$0
Mar 1996058,49719.38$0
Feb 1996036,82616.98$0
Jan 1996038,87017.07$0
Dec 1995037,84517.19$0
Nov 1995045,50116.00$0
Oct 1995043,28015.43$0
Sep 1995044,25216.18$0
Aug 1995036,25815.92$0
Jul 1995031,25315.24$0
Jun 1995036,98716.41$0
May 1995035,95917.56$0
Apr 19953531,50017.73$621
Mar 19951,19134,65216.44$19,580
Feb 19951,16436,07316.58$19,299
Jan 199594536,54915.92$15,044
Dec 19941,05239,32715.03$15,812
Nov 199490033,35915.90$14,310
Oct 199485742,58015.58$13,352
Sep 199490840,61615.29$13,883
Aug 199491245,88516.13$14,711
Jul 199457840,73817.56$10,150
Jun 199486442,54217.09$14,766
May 199482437,86315.88$13,085
Apr 19941,08845,09614.14$15,384
Mar 19941,22647,63112.46$15,276
Feb 19941,12947,21712.50$14,113
Jan 19941,12255,25812.66$14,205
Dec 199387561,43512.33$10,789
Nov 199395860,83714.49$13,881
Oct 199370171,99115.85$11,111
Sep 199332026,30515.03$4,810
Aug 19930015.66$0
Jul 199315015.46$232
Jun 19932395,91416.79$4,013
May 199391150,30917.68$16,106
Apr 19931,34243,87218.05$24,223
Mar 199354448,72018.14$9,868
Feb 199394942,24717.90$16,987
Jan 19931,45850,83616.93$24,684

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.

May 2026 — as filed, then multipliedworked
Condensate            34 bbl  × $106.41 =     $3,618
Gas                6,602 Mcf  × $  3.05 =    $20,109

────────────────────────────────────────────────────
Month total                                  $23,727

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/120718 is the state's own key, not one this site invented.