VAQUILLAS RANCH CO STATE

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 121781District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$4.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition8,930 bbl$226,405
GasProduction1,233,484 Mcf$4,065,071
Total$4,291,476

370,690 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 27.6362, -99.0719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63615, -99.07193 · 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
10,500 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 10,500 ft.

Completions filed
Jul 1986
1 of 1 wells

1 well

42-47934358710,500 ftJul 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20194046.033.23$184
Dec 2018121846.594.19$634
Nov 20180052.934.24$0
Oct 2018121061.443.40$771
Sep 201881159.543.11$511
Aug 20189859.403.07$559
Jul 2018121265.142.93$817
Jun 2018752560.183.08$2,037
May 2018257165.382.90$1,787
Apr 2018455763.842.90$1,871
Mar 2018452261.222.79$1,700
Feb 2018442261.782.77$1,414
Jan 2018553262.874.01$2,447
Dec 2017452857.272.92$1,772
Nov 2017648755.423.12$1,851
Oct 2017952549.292.98$2,010
Sep 2017637247.523.09$1,434
Aug 2017638645.373.00$1,432
Jul 2017951043.873.09$1,969
Jun 2017652942.493.09$1,888
May 2017654345.373.26$2,044
Apr 2017552247.933.21$1,916
Mar 2017452946.772.98$1,765
Feb 2017252050.452.95$1,636
Jan 2017550449.413.42$1,970
Dec 2016358748.763.72$2,332
Nov 2016453042.492.64$1,571
Oct 2016356646.193.09$1,888
Sep 20161663741.553.10$2,640
Aug 20161767641.442.92$2,681
Jul 2016567841.622.92$2,191
Jun 2016568045.352.69$2,053
May 2016667742.521.99$1,603
Apr 20161563336.561.99$1,809
Mar 20161261933.011.79$1,507
Feb 20162961326.472.06$2,033
Jan 201611468227.352.36$4,730
Dec 20151274232.362.00$1,873
Nov 2015069438.792.17$1,504
Oct 2015976343.552.43$2,243
Sep 20152267742.992.76$2,813
Aug 20151275940.162.87$2,662
Jul 20151678548.152.95$3,082
Jun 20152073856.152.88$3,251
May 20151479055.212.96$3,108
Apr 2015537949.822.71$1,275
Mar 2015038442.892.93$1,127
Feb 2015059944.662.98$1,783
Jan 2015087743.433.10$2,719
Dec 2014092254.693.59$3,311
Nov 2014080470.464.25$3,418
Oct 2014088978.303.90$3,468
Sep 2014085386.164.05$3,451
Aug 2014093389.394.04$3,765
Jul 2014090496.564.18$3,778
Jun 2014087198.164.74$4,126
May 2014990594.734.73$5,130
Apr 2014241,25195.944.81$8,319
Mar 20141078595.895.06$4,928
Feb 20142488897.406.19$7,836
Jan 20141795390.404.86$6,169
Dec 2013201,04291.824.35$6,374
Nov 2013231,09688.853.74$6,141
Oct 20131683297.423.78$4,703
Sep 20130884104.113.72$3,286
Aug 20130913104.253.52$3,216
Jul 20130863102.523.72$3,208
Jun 2013094294.403.93$3,705
May 2013097694.834.15$4,050
Apr 2013096493.964.28$4,128
Mar 201301,07193.623.91$4,191
Feb 2013089691.233.42$3,064
Jan 201301,00791.603.42$3,444
Dec 2012084886.773.42$2,900
Nov 201201,11486.953.62$4,038
Oct 201201,05489.383.40$3,583
Sep 201201,04494.672.92$3,047
Aug 201201,04392.662.91$3,033
Jul 201201,07385.133.02$3,241
Jun 2012098579.822.52$2,481
May 201201,14791.612.49$2,854
Apr 20120993101.652.00$1,983
Mar 201201,104105.052.22$2,453
Feb 20120998101.102.57$2,565
Jan 201201,04098.092.73$2,843
Dec 201101,01296.873.24$3,279
Nov 201101,00595.723.31$3,328
Oct 2011095784.983.65$3,492
Sep 201101,17283.623.99$4,671
Aug 201101,24583.404.15$5,166
Jul 201101,30794.144.52$5,904
Jun 201101,30192.904.64$6,036
May 201101,15898.134.40$5,101
Apr 201101,259105.964.33$5,456
Mar 201101,47796.364.06$5,993
Feb 201101,33085.644.18$5,559
Jan 201101,23086.504.59$5,644
Dec 201001,29685.734.35$5,635
Nov 201001,13980.843.80$4,323
Oct 201001,32578.103.51$4,649
Sep 201001,37872.633.98$5,484
Aug 201001,08373.684.42$4,786
Jul 201001,05572.554.74$4,997
Jun 201001,62770.364.91$7,989
May 201001,46771.124.24$6,213
Apr 201001,53481.694.12$6,324
Mar 201002,08378.394.39$9,142
Feb 2010086273.585.44$4,691
Jan 201001,36274.365.96$8,123
Dec 200901,63371.445.48$8,955
Nov 200901,71574.593.75$6,434
Oct 200901,45972.544.11$5,997
Sep 200901,62765.543.06$4,986
Aug 200901,58667.423.22$5,105
Jul 200902,64461.133.46$9,160
Jun 200901,23166.163.90$4,795
May 200901,17554.743.93$4,613
Apr 2009941,20746.773.59$8,726
Mar 20093051,29342.144.06$18,101
Feb 20092841,12132.814.63$14,512
Jan 2009891,24235.865.37$9,862
Dec 20081241,41537.105.98$13,058
Nov 20081121,38455.496.86$15,710
Oct 20082141,72475.246.92$28,035
Sep 2008861,341101.767.88$19,315
Aug 200801,567114.228.48$13,293
Jul 200801,501131.0811.39$17,096
Jun 200801,399131.3313.03$18,233
May 200801,617123.1711.57$18,716
Apr 200801,744110.3110.45$18,233
Mar 200801,689101.909.66$16,323
Feb 200801,66592.538.77$14,603
Jan 200801,59790.388.21$13,105
Dec 200701,74288.337.30$12,720
Nov 200701,75291.677.29$12,775
Oct 200701,83582.856.92$12,702
Sep 200702,13375.846.24$13,319
Aug 200702,53669.066.39$16,200
Jul 200703,43570.906.39$21,943
Jun 2007029662.007.55$2,234
May 200702,29058.747.85$17,968
Apr 200701,75759.617.81$13,714
Mar 200702,37756.927.30$17,357
Feb 200702,13655.108.22$17,549
Jan 200703,35750.306.73$22,582
Dec 200603,74356.656.92$25,896
Nov 200603,26854.207.62$24,894
Oct 200603,45954.906.01$20,802
Sep 200604,26160.085.04$21,464
Aug 200603,24968.717.34$23,847
Jul 200604,43469.376.34$28,124
Jun 200604,27766.286.38$27,304
May 200604,35466.016.42$27,974
Apr 200604,01964.397.36$29,582
Mar 200605,35656.707.08$37,936
Feb 200604,21457.597.75$32,663
Jan 200604,82860.598.93$43,130
Dec 200505,98954.9413.42$80,345
Nov 200505,54454.6910.59$58,702
Oct 200506,38458.3413.80$88,072
Sep 200505,10461.4512.08$61,651
Aug 200506,09661.519.80$59,722
Jul 200505,85255.697.84$45,901
Jun 200506,14252.337.38$45,334
May 200508,21845.226.65$54,659
Apr 200505,52949.207.36$40,696
Mar 200506,46650.377.15$46,263
Feb 200506,78845.226.31$42,845
Jan 200507,83643.166.32$49,541
Dec 200408,23539.866.75$55,595
Nov 200408,34345.286.33$52,815
Oct 200406,96549.706.52$45,378
Sep 200405,87643.245.28$31,048
Aug 200406,93042.375.55$38,466
Jul 200407,19138.286.08$43,751
Jun 200409,41836.106.43$60,586
May 200416,69437.486.49$43,512
Apr 200455,03334.475.86$29,658
Mar 200455,45234.365.53$30,322
Feb 200455,32632.455.51$29,506
Jan 2004106,03432.036.30$38,332
Dec 2003126,20230.266.30$39,446
Nov 200386,07628.804.60$28,151
Oct 200377,01328.174.76$33,577
Sep 200306,38226.314.75$30,310
Aug 200306,69229.765.13$34,328
Jul 200306,82029.415.17$35,265
Jun 200307,75528.565.98$46,398
May 200307,56226.595.97$45,165
Apr 200306,36326.675.41$34,407
Mar 200307,00831.146.10$42,721
Feb 200306,35033.487.93$50,329
Jan 200306,68330.315.58$37,305
Dec 200207,44026.914.85$36,112
Nov 200206,33124.664.14$26,191
Oct 200276,89926.464.23$29,362
Sep 200265,25927.443.64$19,282
Aug 200285,78425.963.16$18,509
Jul 2002106,35924.583.06$19,716
Jun 200285,30923.733.34$17,913
May 2002115,37824.663.58$19,546
Apr 200295,09323.653.51$18,101
Mar 2002124,90522.003.10$15,483
Feb 2002114,45818.222.38$10,791
Jan 2002134,57617.172.38$11,094
Dec 200174,57616.932.36$10,938
Nov 200194,76518.072.41$11,625
Oct 2001115,19419.782.53$13,353
Sep 2001165,13424.262.25$11,946
Aug 2001195,14724.873.05$16,187
Jul 2001135,24923.933.20$17,093
Jun 2001145,21824.563.82$20,298
May 2001185,41225.524.31$23,771
Apr 2001145,28524.685.34$28,543
Mar 200105,55324.545.38$29,855
Feb 200105,18427.755.77$29,897
Jan 200105,55827.478.40$46,680
Dec 200005,85126.889.12$53,376
Nov 200005,28332.215.66$29,891
Oct 200006,09131.235.15$31,341
Sep 200096,81731.875.19$35,643
Aug 200076,67729.644.54$30,526
Jul 20001110,87828.534.09$44,802
Jun 200064,48429.304.40$19,893
May 200075,98327.263.68$22,207
Apr 200075,85624.513.12$18,419
Mar 2000135,71428.422.86$16,710
Feb 2000125,44627.622.73$15,180
Jan 2000115,94625.272.48$15,027
Dec 1999126,16224.282.42$15,226
Nov 1999335,98623.192.43$15,335
Oct 1999346,24520.982.80$18,222
Sep 1999356,06021.752.62$16,631
Aug 1999295,89919.262.88$17,522
Jul 1999336,00517.892.37$14,836
Jun 199906,06315.942.36$14,321
May 199906,13115.792.32$14,230
Apr 199905,71915.102.21$12,628
Mar 199906,21612.471.84$11,427
Feb 199905,6069.981.82$10,191
Jan 199966,42310.381.90$12,266
Dec 1998766,0899.201.77$11,497
Nov 1998705,78410.892.19$13,405
Oct 1998605,93612.421.97$12,434
Sep 199805,89312.592.08$12,273
Aug 199896,00811.301.91$11,561
Jul 199865,17111.742.24$11,639
Jun 1998705,14811.242.24$12,304
May 1998935,91312.622.21$14,220
Apr 19981126,29313.042.51$17,227
Mar 1998626,22012.802.31$15,158
Feb 1998585,64713.952.30$13,792
Jan 1998616,33114.702.15$14,539
Dec 1997616,51216.322.41$16,697
Nov 1997566,43218.193.09$20,882
Oct 1997596,65519.253.15$22,098
Sep 1997496,28117.742.95$19,429
Aug 1997596,46617.862.55$17,573
Jul 1997876,50617.582.25$16,148
Jun 19971206,33217.242.26$16,361
May 19971396,04418.972.31$16,589
Apr 19971646,04617.882.08$15,525
Mar 19971536,21018.951.94$14,941
Feb 19971185,06120.492.21$13,582
Jan 19971645,71523.483.54$24,080
Dec 19961925,84623.32$4,477
Nov 19961745,83921.97$3,823
Oct 19961996,03123.31$4,639
Sep 19961875,90022.22$4,155
Aug 19961866,26520.26$3,768
Jul 19961786,34119.55$3,480
Jun 19961506,19418.73$2,810
May 19961686,50219.43$3,264
Apr 19961556,37821.51$3,334
Mar 19961666,53619.38$3,217
Feb 19961956,27616.98$3,311
Jan 19962276,56017.07$3,875
Dec 19952246,42017.19$3,851
Nov 19952186,11016.00$3,488
Oct 19952146,56515.43$3,302
Sep 1995666,59016.18$1,068
Aug 1995766,67515.92$1,210
Jul 1995756,85515.24$1,143
Jun 1995736,54216.41$1,198
May 1995798,08117.56$1,387
Apr 1995817,88117.73$1,436
Mar 1995888,19316.44$1,447
Feb 1995757,11216.58$1,244
Jan 1995667,94615.92$1,051
Dec 1994687,94015.03$1,022
Nov 1994687,87015.90$1,081
Oct 1994548,56515.58$841
Sep 1994618,30415.29$933
Aug 1994738,71816.13$1,177
Jul 1994498,96717.56$860
Jun 1994768,55117.09$1,299
May 1994658,59515.88$1,032
Apr 1994728,60014.14$1,018
Mar 1994678,19512.46$835
Feb 1994467,06012.50$575
Jan 199408,08212.66$0
Dec 199307,64012.33$0
Nov 199308,79814.49$0
Oct 199309,20315.85$0
Sep 1993013,31915.03$0
Aug 199378,56615.66$110
Jul 1993148,89715.46$216
Jun 19931611,90516.79$269
May 19931911,77217.68$336
Apr 1993109,85618.05$181
Mar 1993267,26118.14$472
Feb 19931296,87317.90$2,309
Jan 19931177,51516.93$1,981

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.

Jan 2019 — as filed, then multipliedworked
Condensate             4 bbl  × $ 46.03 =       $184
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $184

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/121781 is the state's own key, not one this site invented.