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 123424District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 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
CondensateDisposition16,343 bbl$544,494
GasProduction1,012,444 Mcf$2,646,119
Total$3,190,612

345,165 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 27.6257, -99.0985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62568, -99.09852 · 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
10,100 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 10,100 ft.

Completions filed
Jan 1987
1 of 1 wells

1 well

42-479343443010,100 ftJan 1987

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 20262423106.413.05$1,501
Apr 2026439598.932.87$1,529
Mar 2026756989.753.15$2,420
Feb 2026044763.503.75$1,676
Jan 2026552059.138.00$4,455
Dec 2025761356.664.41$3,102
Nov 2025763158.593.93$2,888
Oct 2025982459.383.30$3,258
Sep 2025583562.743.08$2,883
Aug 2025985363.933.01$3,147
Jul 2025586666.743.32$3,205
Jun 20251391966.483.13$3,740
May 2025393560.553.23$3,204
Apr 20251194862.363.54$4,045
Mar 2025394467.704.27$4,232
Feb 2025987570.884.34$4,436
Jan 2025598174.324.28$4,569
Dec 2024121,01668.993.12$3,999
Nov 2024592569.052.20$2,379
Oct 2024885871.372.28$2,528
Sep 2024990069.612.36$2,754
Aug 20241598275.632.06$3,161
Jul 202431,00379.932.15$2,393
Jun 20241498578.082.63$3,688
May 202481,25278.812.20$3,383
Apr 202471,24584.451.66$2,657
Mar 2024101,29380.301.55$2,801
Feb 2024111,06276.091.78$2,731
Jan 20241158273.023.30$2,722
Dec 202341,31771.262.61$3,723
Nov 2023111,34277.892.81$4,625
Oct 2023161,41285.443.09$5,726
Sep 202381,41989.042.74$4,593
Aug 2023121,43580.522.67$4,802
Jul 2023121,45074.852.64$4,729
Jun 2023151,43968.962.26$4,284
May 202371,56470.622.23$3,978
Apr 2023131,55578.122.24$4,495
Mar 2023171,76872.852.39$5,470
Feb 202391,24575.112.47$3,746
Jan 202371,35376.533.39$5,119
Dec 202291,76176.415.73$10,777
Nov 202261,53185.005.65$9,154
Oct 202241,47687.185.86$9,004
Sep 202281,59984.888.16$13,733
Aug 202291,66794.529.13$16,066
Jul 202291,779101.587.54$14,332
Jun 202251,355115.097.98$11,385
May 2022101,768109.378.43$16,003
Apr 2022131,148104.226.84$9,204
Mar 2022131,378108.885.08$8,411
Feb 2022101,23091.054.86$6,887
Jan 2022101,46481.844.54$7,462
Dec 2021111,50071.323.90$6,633
Nov 2021221,64277.435.24$10,302
Oct 2021141,76979.795.71$11,225
Sep 2021211,68369.865.35$10,473
Aug 2021261,65366.024.22$8,693
Jul 2021151,76570.783.98$8,090
Jun 2021201,74369.493.38$7,282
May 2021161,79563.483.02$6,432
Apr 2021131,75660.362.76$5,628
Mar 2021171,80261.302.72$5,938
Feb 202191,73457.805.55$10,140
Jan 2021211,83850.412.81$6,224
Dec 2020241,88744.642.68$6,120
Nov 2020191,82738.772.71$5,682
Oct 2020202,02636.972.48$5,761
Sep 2020251,96337.091.99$4,836
Aug 2020351,65839.982.39$5,354
Jul 2020311,79338.371.83$4,462
Jun 2020261,96034.901.69$4,220
May 202052,21916.921.81$4,112
Apr 2020112,18114.751.80$4,098
Mar 202041,43330.341.86$2,781
Feb 2020510149.881.98$449
Jan 2020712457.252.09$661
Dec 2019510459.012.30$535
Nov 2019014255.302.75$391
Oct 2019022353.472.42$539
Sep 2019032455.052.66$861
Aug 2019038053.112.30$876
Jul 20190756.272.46$17
Jun 201901552.782.49$37
May 201902058.482.74$55
Apr 201949962.632.75$523
Mar 20191328656.803.06$1,614
Feb 2019151,88150.852.79$6,015
Jan 2019251,87546.033.23$7,204
Dec 2018181,98746.594.19$9,155
Nov 2018151,96552.934.24$9,120
Oct 2018182,17161.443.40$8,483
Sep 2018121,73259.543.11$6,098
Aug 2018161,85659.403.07$6,642
Jul 2018162,07765.142.93$7,132
Jun 2018112,08460.183.08$7,074
May 2018152,39065.382.90$7,914
Apr 2018192,22463.842.90$7,664
Mar 2018242,15361.222.79$7,469
Feb 2018192,37361.782.77$7,738
Jan 2018241,92162.874.01$9,211
Dec 2017202,25257.272.92$7,725
Nov 2017301,65055.423.12$6,808
Oct 2017372,35449.292.98$8,847
Sep 2017255,61347.523.09$18,517
Aug 2017252,64445.373.00$9,078
Jul 2017382,64443.873.09$9,830
Jun 2017252,76642.493.09$9,602
May 2017262,93445.373.26$10,754
Apr 2017292,92047.933.21$10,768
Mar 2017503,19146.772.98$11,859
Feb 2017302,72150.452.95$9,548
Jan 2017613,38949.413.42$14,600
Dec 2016392,90048.763.72$12,698
Nov 2016472,93942.492.64$9,769
Oct 2016214,46646.193.09$14,771
Sep 2016175,44641.553.10$17,592
Aug 2016215,08241.442.92$15,732
Jul 2016161,94041.622.92$6,339
Jun 2016192,66845.352.69$8,027
May 2016303,20342.521.99$7,653
Apr 2016873,51636.561.99$10,181
Mar 2016211,01833.011.79$2,520
Feb 2016432,11826.472.06$5,509
Jan 20161048927.352.36$1,430
Dec 2015231,25532.362.00$3,256
Nov 201511,17638.792.17$2,588
Oct 2015953343.552.43$1,685
Sep 20152545442.992.76$2,327
Aug 20151462840.162.87$2,366
Jul 20151660448.152.95$2,549
Jun 20152050156.152.88$2,567
May 20152049455.212.96$2,564
Apr 20151654049.822.71$2,259
Mar 2015060842.892.93$1,784
Feb 2015083944.662.98$2,497
Jan 201501,66843.433.10$5,172
Dec 2014062854.693.59$2,255
Nov 2014056370.464.25$2,394
Oct 2014049978.303.90$1,947
Sep 2014057886.164.05$2,338
Aug 2014085989.394.04$3,466
Jul 2014062096.564.18$2,591
Jun 2014094298.164.74$4,462
May 2014728394.734.73$2,001
Apr 20141748795.944.81$3,973
Mar 2014556395.895.06$3,326
Feb 2014956997.406.19$4,400
Jan 20141175690.404.86$4,669
Dec 20131175091.824.35$4,276
Nov 2013959588.853.74$3,024
Oct 20131171697.423.78$3,778
Sep 201302,516104.113.72$9,354
Aug 20130742104.253.52$2,614
Jul 20130765102.523.72$2,844
Jun 201301,60594.403.93$6,313
May 2013064294.834.15$2,664
Apr 2013061693.964.28$2,638
Mar 2013067593.623.91$2,641
Feb 2013071691.233.42$2,449
Jan 2013081691.603.42$2,791
Dec 2012076086.773.42$2,599
Nov 2012082586.953.62$2,991
Oct 2012033489.383.40$1,135
Sep 2012087394.672.92$2,548
Aug 2012071292.662.91$2,071
Jul 2012099385.133.02$3,000
Jun 201201,46479.822.52$3,688
May 2012065391.612.49$1,625
Apr 20120842101.652.00$1,681
Mar 20120846105.052.22$1,880
Feb 20120832101.102.57$2,138
Jan 2012082198.092.73$2,245
Dec 201101,23996.873.24$4,014
Nov 2011077895.723.31$2,576
Oct 201101,27784.983.65$4,659
Sep 201101,10183.623.99$4,388
Aug 2011085183.404.15$3,531
Jul 201101,24894.144.52$5,638
Jun 2011074592.904.64$3,457
May 201101,22598.134.40$5,396
Apr 201101,207105.964.33$5,230
Mar 201101,13096.364.06$4,585
Feb 201101,04585.644.18$4,368
Jan 201101,62586.504.59$7,457
Dec 201002,30285.734.35$10,009
Nov 201001,00380.843.80$3,807
Oct 201001,85178.103.51$6,495
Sep 201002,28172.633.98$9,077
Aug 201001,04573.684.42$4,618
Jul 2010099272.554.74$4,699
Jun 201001,61970.364.91$7,950
May 201001,23571.124.24$5,231
Apr 201002,20881.694.12$9,103
Mar 201001,61978.394.39$7,105
Feb 201001,31373.585.44$7,146
Jan 201001,71174.365.96$10,205
Dec 200902,51071.445.48$13,764
Nov 200901,96874.593.75$7,383
Oct 200901,14272.544.11$4,694
Sep 200902,26765.543.06$6,948
Aug 200901,84867.423.22$5,948
Jul 200901,93661.133.46$6,707
Jun 200901,57666.163.90$6,139
May 200902,55154.743.93$10,015
Apr 2009052646.773.59$1,887
Mar 2009077142.144.06$3,129
Feb 200902,01832.814.63$9,349
Jan 200902,05835.865.37$11,054
Dec 200803,33137.105.98$19,910
Nov 200803,50955.496.86$24,073
Oct 200802,93475.246.92$20,309
Sep 20080635101.767.88$5,002
Aug 200801,630114.228.48$13,827
Jul 200801,318131.0811.39$15,011
Jun 200801,860131.3313.03$24,241
May 20081323,032123.1711.57$51,352
Apr 20085671,487110.3110.45$78,092
Mar 20081371,412101.909.66$27,606
Feb 2008651,78292.538.77$21,644
Jan 2008732,33490.388.21$25,750
Dec 2007702,30188.337.30$22,985
Nov 2007691,98391.677.29$20,785
Oct 2007762,04282.856.92$20,431
Sep 20074241,97275.846.24$44,470
Aug 20072111,40369.066.39$23,534
Jul 20072661,94370.906.39$31,271
Jun 20071742,14062.007.55$26,942
May 20072071,47058.747.85$23,693
Apr 20072972,33659.617.81$35,937
Mar 20073802,96756.927.30$43,295
Feb 200703,20855.108.22$26,357
Jan 200703,25950.306.73$21,923
Dec 200601,16656.656.92$8,067
Nov 200602,49054.207.62$18,968
Oct 200602,69554.906.01$16,207
Sep 200621,98860.085.04$10,134
Aug 2006241,33768.717.34$11,463
Jul 2006848669.376.34$3,638
Jun 20061255466.286.38$4,332
May 2006221,24366.016.42$9,439
Apr 2006292,07664.397.36$17,148
Mar 200612,73256.707.08$19,407
Feb 200611,69757.597.75$13,211
Jan 2006058560.598.93$5,226
Dec 2005088454.9413.42$11,859
Nov 2005084154.6910.59$8,905
Oct 200512,55458.3413.80$35,293
Sep 2005072261.4512.08$8,721
Aug 2005079061.519.80$7,740
Jul 200502,12855.697.84$16,691
Jun 200502,42352.337.38$17,884
May 2005083345.226.65$5,540
Apr 2005089049.207.36$6,551
Mar 200502,44150.377.15$17,465
Feb 200501,95845.226.31$12,359
Jan 2005074643.166.32$4,716
Dec 2004072739.866.75$4,908
Nov 200441,19245.286.33$7,727
Oct 2004182,75749.706.52$18,857
Sep 20041179243.245.28$4,660
Aug 2004182,80942.375.55$16,354
Jul 20041080738.286.08$5,293
Jun 2004422,20436.106.43$15,695
May 2004131,62137.486.49$11,015
Apr 200481,77434.475.86$10,669
Mar 2004112,96534.365.53$16,775
Feb 200461,99632.455.51$11,192
Jan 2004689032.036.30$5,799
Dec 2003686130.266.30$5,607
Nov 2003587328.804.60$4,156
Oct 200381,94528.174.76$9,483
Sep 200311,03526.314.75$4,942
Aug 2003064129.765.13$3,288
Jul 2003060729.415.17$3,139
Jun 200311,14728.565.98$6,891
May 2003056826.595.97$3,392
Apr 2003147326.675.41$2,584
Mar 200311,02831.146.10$6,298
Feb 2003158133.487.93$4,638
Jan 2003073830.315.58$4,120
Dec 2002047026.914.85$2,281
Nov 2002049824.664.14$2,060
Oct 200231,24226.464.23$5,332
Sep 200251,80727.443.64$6,706
Aug 200251,63225.963.16$5,294
Jul 200261,67424.583.06$5,273
Jun 200251,32723.733.34$4,548
May 200271,66624.663.58$6,144
Apr 200282,17423.653.51$7,825
Mar 200201,82022.003.10$5,647
Feb 200201,44618.222.38$3,435
Jan 200202,13917.172.38$5,082
Dec 200102,73316.932.36$6,462
Nov 200102,88318.072.41$6,935
Oct 200102,45119.782.53$6,198
Sep 200101,62524.262.25$3,658
Aug 200101,74324.873.05$5,322
Jul 200101,77223.933.20$5,665
Jun 200101,14424.563.82$4,375
May 200101,25425.524.31$5,401
Apr 200102,44324.685.34$13,034
Mar 200102,64824.545.38$14,237
Feb 200102,88127.755.77$16,615
Jan 200103,01527.478.40$25,322
Dec 200002,94226.889.12$26,838
Nov 200002,09132.215.66$11,831
Oct 200003,03131.235.15$15,596
Sep 200003,85231.875.19$19,978
Aug 200003,56829.644.54$16,201
Jul 200002,87628.534.09$11,762
Jun 200003,04129.304.40$13,372
May 200003,34127.263.68$12,294
Apr 200003,42024.513.12$10,657
Mar 200053,55128.422.86$10,297
Feb 200033,15527.622.73$8,685
Jan 200043,84425.272.48$9,636
Dec 199973,94424.282.42$9,729
Nov 1999414,25123.192.43$11,298
Oct 1999394,06620.982.80$12,218
Sep 1999454,39421.752.62$12,486
Aug 1999374,20619.262.88$12,807
Jul 1999484,03717.892.37$10,436
Jun 1999854,55815.942.36$12,121
May 1999944,87015.792.32$12,788
Apr 19991155,48315.102.21$13,843
Mar 19991245,41512.471.84$11,501
Feb 19991275,2029.981.82$10,724
Jan 19991245,85710.381.90$12,415
Dec 19981533,9979.201.77$8,496
Nov 19981664,55310.892.19$11,759
Oct 19981825,59212.421.97$13,272
Sep 19982404,26812.592.08$11,910
Aug 19982824,77311.301.91$12,290
Jul 19982533,75911.742.24$11,380
Jun 19981924,74611.242.24$12,776
May 19981743,93412.622.21$10,876
Apr 199805,94113.042.51$14,884
Mar 199805,41212.802.31$12,499
Feb 199805,48813.952.30$12,618
Jan 199805,27914.702.15$11,375
Dec 199704,58516.322.41$11,055
Nov 199734,37418.193.09$13,563
Oct 199734,66619.253.15$14,755
Sep 199724,50317.742.95$13,341
Aug 199734,87917.862.55$12,518
Jul 199734,75517.582.25$10,737
Jun 199785,63517.242.26$12,857
May 199795,95018.972.31$13,906
Apr 199774,81617.882.08$10,156
Mar 199784,93018.951.94$9,712
Feb 199764,31320.492.21$9,637
Jan 199774,35423.483.54$15,576
Dec 199604,67923.32$0
Nov 199605,31021.97$0
Oct 199604,61623.31$0
Sep 199605,26122.22$0
Aug 199604,67020.26$0
Jul 199605,48319.55$0
Jun 199605,20618.73$0
May 199604,83219.43$0
Apr 199605,24321.51$0
Mar 199605,98819.38$0
Feb 199606,45816.98$0
Jan 199606,42917.07$0
Dec 199506,13717.19$0
Nov 199507,32116.00$0
Oct 199507,03115.43$0
Sep 199506,20116.18$0
Aug 199507,11015.92$0
Jul 199508,29315.24$0
Jun 199506,64916.41$0
May 199505,72917.56$0
Apr 199505,98617.73$0
Mar 1995117,51616.44$181
Feb 199596,51616.58$149
Jan 199566,53615.92$96
Dec 199497,75915.03$135
Nov 19941217,31215.90$1,924
Oct 19948906,31515.58$13,866
Sep 199476,29015.29$107
Aug 1994436,78716.13$694
Jul 1994298,55217.56$509
Jun 1994446,77217.09$752
May 1994538,17615.88$842
Apr 1994668,97414.14$933
Mar 1994658,22112.46$810
Feb 1994887,92512.50$1,100
Jan 199447810,13612.66$6,051
Dec 19933179,33212.33$3,909
Nov 19934049,71214.49$5,854
Oct 19931,1837,94715.85$18,751
Sep 19932,0099,69815.03$30,195
Aug 19931,90314,58615.66$29,801
Jul 1993308,57715.46$464
Jun 1993335,72416.79$554
May 1993317,72117.68$548
Apr 1993578,06418.05$1,029
Mar 1993268,02018.14$472
Feb 1993887,33417.90$1,575
Jan 199315510,03116.93$2,624

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             2 bbl  × $106.41 =       $213
Gas                  423 Mcf  × $  3.05 =     $1,288

────────────────────────────────────────────────────
Month total                                   $1,501

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/123424 is the state's own key, not one this site invented.