VAQUILLAS RANCH -B-

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 122312District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$1.3 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
CondensateDisposition774 bbl$20,293
GasProduction395,843 Mcf$1,265,281
Total$1,285,574

121,628 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 27.5678, -99.0290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56782, -99.02900 · 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
12,114 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 12,114 ft.

Completions filed
Dec 1988
1 of 1 wells

1 well

42-479330871312,114 ftDec 1988

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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201703057.272.92$88
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201703047.523.09$93
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201605341.442.92$155
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201304791.233.42$161
Jan 2013018791.603.42$640
Dec 201209286.773.42$315
Nov 201208686.953.62$312
Oct 201208789.383.40$296
Sep 201207694.672.92$222
Aug 201202592.662.91$73
Jul 201204485.133.02$133
Jun 2012010679.822.52$267
May 2012010891.612.49$269
Apr 20120112101.652.00$224
Mar 201205105.052.22$11
Feb 201203101.102.57$8
Jan 201206398.092.73$172
Dec 201107796.873.24$249
Nov 2011023095.723.31$762
Oct 20110184.983.65$4
Sep 201102683.623.99$104
Aug 2011015183.404.15$627
Jul 2011024194.144.52$1,089
Jun 2011023992.904.64$1,109
May 2011019198.134.40$841
Apr 20110423105.964.33$1,833
Mar 2011061196.364.06$2,479
Feb 2011080285.644.18$3,352
Jan 201101,37586.504.59$6,310
Dec 201001,84385.734.35$8,013
Nov 201001,04980.843.80$3,981
Oct 201001,60778.103.51$5,639
Sep 201001,50272.633.98$5,977
Aug 201002,31673.684.42$10,235
Jul 201001,88772.554.74$8,938
Jun 201002,41570.364.91$11,859
May 201002,82071.124.24$11,943
Apr 201001,82981.694.12$7,540
Mar 201001,85978.394.39$8,159
Feb 201002,12973.585.44$11,587
Jan 201002,80974.365.96$16,753
Dec 200902,56771.445.48$14,077
Nov 200902,77674.593.75$10,414
Oct 200903,07572.544.11$12,639
Sep 200902,85465.543.06$8,747
Aug 2009061467.423.22$1,976
Jul 200901,71161.133.46$5,928
Jun 200903,20866.163.90$12,495
May 200902,85754.743.93$11,216
Apr 200901,34246.773.59$4,814
Mar 2009077642.144.06$3,150
Feb 2009055632.814.63$2,576
Jan 200901,29635.865.37$6,961
Dec 2008053237.105.98$3,180
Nov 2008080555.496.86$5,523
Oct 200801,58375.246.92$10,957
Sep 200804,544101.767.88$35,794
Aug 20080629114.228.48$5,336
Jul 20080303131.0811.39$3,451
Jun 20080825131.3313.03$10,752
May 200801,141123.1711.57$13,206
Apr 20080613110.3110.45$6,409
Mar 20080541101.909.66$5,228
Feb 200801,07992.538.77$9,463
Jan 200801,33890.388.21$10,979
Dec 200702,45488.337.30$17,919
Nov 200701,25891.677.29$9,173
Oct 200701,97782.856.92$13,685
Sep 2007091875.846.24$5,732
Aug 2007052869.066.39$3,373
Jul 2007078970.906.39$5,040
Jun 200701,30162.007.55$9,821
May 200701,20258.747.85$9,431
Apr 200721,22959.617.81$9,712
Mar 2007221,92156.927.30$15,279
Feb 200702,76555.108.22$22,717
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006423854.207.62$2,030
Oct 2006111,42754.906.01$9,186
Sep 200611,60960.085.04$8,165
Aug 200611,86468.717.34$13,750
Jul 2006193169.376.34$5,974
Jun 200621,38266.286.38$8,955
May 200611,17866.016.42$7,635
Apr 200611,14964.397.36$8,522
Mar 200601,20356.707.08$8,521
Feb 20060057.597.75$0
Jan 200621,13460.598.93$10,252
Dec 200532,27354.9413.42$30,658
Nov 2005198754.6910.59$10,505
Oct 2005174858.3413.80$10,378
Sep 200501,01161.4512.08$12,212
Aug 200501,66661.519.80$16,322
Jul 2005064855.697.84$5,083
Jun 2005085652.337.38$6,318
May 200501,10745.226.65$7,363
Apr 200501,11649.207.36$8,214
Mar 20051299750.377.15$7,738
Feb 2005281,55045.226.31$11,050
Jan 2005111,57643.166.32$10,439
Dec 20041591839.866.75$6,795
Nov 20041182445.286.33$5,714
Oct 200431,11049.706.52$7,381
Sep 2004664843.245.28$3,683
Aug 200451,78642.375.55$10,125
Jul 200452,26938.286.08$13,996
Jun 200431,66136.106.43$10,794
May 200451,86737.486.49$12,313
Apr 200441,20634.475.86$7,203
Mar 200421,26234.365.53$7,048
Feb 2004132932.455.51$1,845
Jan 2004348632.036.30$3,158
Dec 200381,57330.266.30$10,155
Nov 200372,16328.804.60$10,141
Oct 200393,13828.174.76$15,189
Sep 200352,83626.314.75$13,601
Aug 200354,33129.765.13$22,366
Jul 200323,69129.415.17$19,144
Jun 200313728.565.98$250
May 2003491526.595.97$5,571
Apr 200333,03726.675.41$16,502
Mar 200318631.146.10$555
Feb 2003120633.487.93$1,666
Jan 2003132930.315.58$1,867
Dec 20020026.914.85$0
Nov 20021024.664.14$25
Oct 2002848626.464.23$2,267
Sep 2002101,60227.443.64$6,098
Aug 2002021025.963.16$664
Jul 200201,85724.583.06$5,686
Jun 2002066923.733.34$2,233
May 200202,10424.663.58$7,541
Apr 2002121,09223.653.51$4,119
Mar 2002302,50322.003.10$8,426
Feb 2002121,71018.222.38$4,281
Jan 2002252,84917.172.38$7,198
Dec 2001111,23716.932.36$3,111
Nov 2001132,16918.072.41$5,452
Oct 200152,73619.782.53$7,018
Sep 200105624.262.25$126
Aug 2001113824.873.05$446
Jul 2001877923.933.20$2,682
Jun 200183,11124.563.82$12,093
May 2001444925.524.31$2,036
Apr 2001141,36324.685.34$7,618
Mar 2001174,51924.545.38$24,713
Feb 2001040827.755.77$2,353
Jan 2001096227.478.40$8,080
Dec 2000099926.889.12$9,113
Nov 200001,15032.215.66$6,507
Oct 200001,63831.235.15$8,428
Sep 200003,47631.875.19$18,028
Aug 200001,14029.644.54$5,176
Jul 200001,69528.534.09$6,932
Jun 200001,50529.304.40$6,618
May 200001,27627.263.68$4,695
Apr 200001,64024.513.12$5,110
Mar 200002,91228.422.86$8,328
Feb 2000084227.622.73$2,296
Jan 200001,68425.272.48$4,177
Dec 199981,78824.282.42$4,528
Nov 1999471,52323.192.43$4,797
Oct 1999381,53220.982.80$5,093
Sep 19994186321.752.62$3,152
Aug 1999783,46819.262.88$11,475
Jul 1999702,75417.892.37$7,786
Jun 1999121,26515.942.36$3,179
May 1999141,46615.792.32$3,624
Apr 1999151,55015.102.21$3,649
Mar 1999141,12112.471.84$2,235
Feb 1999119169.981.82$1,775
Jan 1999141,55110.381.90$3,092
Dec 199804,8929.201.77$8,675
Nov 199804,56410.892.19$9,976
Oct 199804,97312.421.97$9,793
Sep 1998090912.592.08$1,893
Aug 199802,90911.301.91$5,548
Jul 199802,75611.742.24$6,166
Jun 199801,29211.242.24$2,891
May 199801,65012.622.21$3,640
Apr 1998039813.042.51$997
Mar 1998082812.802.31$1,912
Feb 1998090213.952.30$2,074
Jan 199803,88214.702.15$8,365
Dec 1997010,96916.322.41$26,447
Nov 199709118.193.09$281
Oct 1997058919.253.15$1,855
Sep 199701,01717.742.95$3,005
Aug 199703,52217.862.55$8,998
Jul 199701,04617.582.25$2,350
Jun 1997085617.242.26$1,932
May 199701,17918.972.31$2,722
Apr 1997070917.882.08$1,477
Mar 199701,20518.951.94$2,337
Feb 1997051920.492.21$1,145
Jan 199702,94423.483.54$10,421
Dec 199605,09223.32$0
Nov 199602,13021.97$0
Oct 199601,55323.31$0
Sep 1996042622.22$0
Aug 1996080620.26$0
Jul 1996076119.55$0
Jun 199601,14618.73$0
May 1996095419.43$0
Apr 199601,43821.51$0
Mar 199601,26319.38$0
Feb 199601,39316.98$0
Jan 1996057517.07$0
Dec 1995070917.19$0
Nov 1995054816.00$0
Oct 1995049215.43$0
Sep 199502,04516.18$0
Aug 19950015.92$0
Jul 1995044115.24$0
Jun 1995022716.41$0
May 1995063817.56$0
Apr 1995098717.73$0
Mar 1995020716.44$0
Feb 199501,11616.58$0
Jan 199501,42115.92$0
Dec 199404,34015.03$0
Nov 199404,05215.90$0
Oct 199404,81015.58$0
Sep 199404,03415.29$0
Aug 199405,84816.13$0
Jul 199405,95317.56$0
Jun 199409,15517.09$0
May 199406,02315.88$0
Apr 199401,28714.14$0
Mar 199403,00012.46$0
Feb 199403,73612.50$0
Jan 199422,78212.66$25
Dec 199303,86112.33$0
Nov 199322,48514.49$29
Oct 199313,57215.85$16
Sep 199311,78615.03$15
Aug 199303,53215.66$0
Jul 199322,80515.46$31
Jun 199303,25516.79$0
May 199322,90717.68$35
Apr 199322,27118.05$36
Mar 199364,30618.14$109
Feb 199314,95717.90$18
Jan 199304,50316.93$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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.27 =         $0
Gas                   30 Mcf  × $  2.92 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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/122312 is the state's own key, not one this site invented.