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 129861District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$14.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$97 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
CondensateDisposition79,579 bbl$2,024,729
GasProduction4,888,230 Mcf$12,704,370
Total$14,729,099

1,767,785 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 27.6437, -99.0814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64370, -99.08136 · 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
10,189 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 10,189 ft.

Completions filed
Dec 1988
1 of 1 wells

1 well

42-479347673310,189 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 2026102,015106.413.05$7,201
Apr 2026151,84498.932.87$6,776
Mar 2026241,92989.753.15$8,229
Feb 202601,67163.503.75$6,267
Jan 2026141,92259.138.00$16,200
Dec 2025191,75756.664.41$8,831
Nov 2025141,70158.593.93$7,499
Oct 2025191,77559.383.30$6,994
Sep 2025111,77762.743.08$6,158
Aug 2025211,94863.933.01$7,215
Jul 2025102,04266.743.32$7,437
Jun 2025271,95666.483.13$7,915
May 202552,06860.553.23$6,987
Apr 2025192,02162.363.54$8,345
Mar 202551,57867.704.27$7,074
Feb 2025121,52570.884.34$7,470
Jan 202581,26574.324.28$6,007
Dec 2024211,65468.993.12$6,612
Nov 2024101,82069.052.20$4,692
Oct 2024171,76571.372.28$5,240
Sep 2024161,96369.612.36$5,755
Aug 2024241,49175.632.06$4,892
Jul 202461,66679.932.15$4,056
Jun 2024181,76578.082.63$6,054
May 2024101,74878.812.20$4,631
Apr 202481,42584.451.66$3,040
Mar 2024121,63980.301.55$3,496
Feb 2024131,54276.091.78$3,740
Jan 2024131,65173.023.30$6,394
Dec 202341,64771.262.61$4,585
Nov 2023151,84977.892.81$6,360
Oct 2023211,65485.443.09$6,901
Sep 2023111,79089.042.74$5,875
Aug 2023161,78880.522.67$6,067
Jul 2023151,89074.852.64$6,116
Jun 2023191,94768.962.26$5,708
May 202392,07070.622.23$5,246
Apr 2023151,99778.122.24$5,641
Mar 2023181,90872.852.39$5,877
Feb 202391,81475.112.47$5,149
Jan 202372,06976.533.39$7,545
Dec 202291,90276.415.73$11,584
Nov 202251,94585.005.65$11,407
Oct 202231,99287.185.86$11,942
Sep 202271,85884.888.16$15,762
Aug 202281,99494.529.13$18,956
Jul 202292,023101.587.54$16,172
Jun 202272,020115.097.98$16,920
May 2022152,257109.378.43$20,674
Apr 2022201,937104.226.84$15,329
Mar 2022212,053108.885.08$12,708
Feb 2022161,83591.054.86$10,373
Jan 2022161,97681.844.54$10,276
Dec 2021152,30171.323.90$10,042
Nov 2021201,82277.435.24$11,090
Oct 2021132,28579.795.71$14,093
Sep 2021201,55269.865.35$9,702
Aug 2021252,45566.024.22$12,012
Jul 2021141,93770.783.98$8,704
Jun 2021182,21369.493.38$8,732
May 2021132,15763.483.02$7,334
Apr 2021112,24260.362.76$6,848
Mar 2021142,25061.302.72$6,971
Feb 202172,31757.805.55$13,259
Jan 2021182,10950.412.81$6,834
Dec 2020212,31444.642.68$7,128
Nov 2020202,24138.772.71$6,841
Oct 2020212,26236.972.48$6,383
Sep 2020272,20737.091.99$5,396
Aug 2020382,22939.982.39$6,836
Jul 2020332,34238.371.83$5,541
Jun 2020292,31234.901.69$4,920
May 202062,40016.921.81$4,457
Apr 2020142,19614.751.80$4,169
Mar 2020112,47530.341.86$4,928
Feb 2020101,94649.881.98$4,353
Jan 2020152,31057.252.09$5,698
Dec 2019132,13059.012.30$5,675
Nov 2019172,17155.302.75$6,912
Oct 2019192,15953.472.42$6,238
Sep 2019141,83655.052.66$5,649
Aug 2019141,98153.112.30$5,308
Jul 2019162,35756.272.46$6,699
Jun 2019182,23152.782.49$6,508
May 2019162,20058.482.74$6,964
Apr 2019321,97262.632.75$7,429
Mar 2019201,90356.803.06$6,963
Feb 2019231,86350.852.79$6,371
Jan 2019392,10446.033.23$8,587
Dec 2018292,22946.594.19$10,680
Nov 2018242,32752.934.24$11,130
Oct 2018282,20361.443.40$9,206
Sep 2018192,13559.543.11$7,767
Aug 2018242,26759.403.07$8,377
Jul 2018242,33765.142.93$8,415
Jun 2018152,29860.183.08$7,973
May 2018162,58265.382.90$8,536
Apr 2018202,71263.842.90$9,144
Mar 2018252,59761.222.79$8,768
Feb 2018202,54561.782.77$8,275
Jan 2018262,75162.874.01$12,664
Dec 2017212,92957.272.92$9,760
Nov 2017312,59455.423.12$9,807
Oct 2017342,60449.292.98$9,445
Sep 2017232,62347.523.09$9,191
Aug 2017232,75245.373.00$9,312
Jul 2017342,72743.873.09$9,911
Jun 2017232,60342.493.09$9,013
May 2017232,67645.373.26$9,776
Apr 2017232,71247.933.21$9,812
Mar 2017292,62646.772.98$9,191
Feb 2017182,33250.452.95$7,794
Jan 2017352,48549.413.42$10,225
Dec 2016222,65248.763.72$10,946
Nov 2016252,56442.492.64$7,842
Oct 201632,71546.193.09$8,529
Sep 2016172,51741.553.10$8,511
Aug 2016232,67641.442.92$8,779
Jul 2016222,80641.622.92$9,121
Jun 2016212,71245.352.69$8,236
May 2016192,59542.521.99$5,975
Apr 2016142,83036.561.99$6,146
Mar 201692,93433.011.79$5,561
Feb 2016122,92926.472.06$6,362
Jan 2016113,28727.352.36$8,073
Dec 2015123,43832.362.00$7,269
Nov 201503,42538.792.17$7,423
Oct 201593,68243.552.43$9,327
Sep 2015223,40842.992.76$10,346
Aug 2015123,53140.162.87$10,625
Jul 2015163,69348.152.95$11,647
Jun 2015203,54056.152.88$11,328
May 2015203,83855.212.96$12,447
Apr 2015163,77249.822.71$11,006
Mar 201503,63042.892.93$10,653
Feb 201503,18344.662.98$9,473
Jan 201503,63943.433.10$11,283
Dec 201403,76854.693.59$13,532
Nov 201403,57470.464.25$15,196
Oct 2014773,41278.303.90$19,339
Sep 20143723,65886.164.05$46,850
Aug 20143833,98389.394.04$50,308
Jul 20144244,00996.564.18$57,697
Jun 20143444,04198.164.74$52,909
May 20142594,16894.734.73$44,235
Apr 2014224,10295.944.81$21,838
Mar 2014144,37995.895.06$23,486
Feb 2014243,98697.406.19$27,019
Jan 2014164,37990.404.86$22,731
Dec 2013153,15691.824.35$15,120
Nov 2013233,71788.853.74$15,939
Oct 2013164,11297.423.78$17,099
Sep 201303,952104.113.72$14,693
Aug 201304,052104.253.52$14,274
Jul 201304,331102.523.72$16,102
Jun 201304,16194.403.93$16,367
May 201304,35294.834.15$18,057
Apr 2013184,09393.964.28$19,220
Mar 2013664,39593.623.91$23,376
Feb 2013683,84891.233.42$19,363
Jan 2013674,30491.603.42$20,856
Dec 2012724,30286.773.42$20,961
Nov 20121004,37986.953.62$24,569
Oct 20121064,82589.383.40$25,878
Sep 201203,83894.672.92$11,201
Aug 201204,04192.662.91$11,752
Jul 201205,94185.133.02$17,947
Jun 201204,67779.822.52$11,782
May 201204,91291.612.49$12,223
Apr 201204,763101.652.00$9,511
Mar 201205,105105.052.22$11,344
Feb 201204,872101.102.57$12,522
Jan 201204,97398.092.73$13,597
Dec 201105,07896.873.24$16,451
Nov 201104,32795.723.31$14,328
Oct 201103,68084.983.65$13,427
Sep 201104,83083.623.99$19,251
Aug 201105,17783.404.15$21,481
Jul 201105,15894.144.52$23,300
Jun 201104,98992.904.64$23,148
May 201105,43298.134.40$23,927
Apr 201105,538105.964.33$23,998
Mar 201105,20596.364.06$21,118
Feb 201105,33985.644.18$22,317
Jan 201105,58086.504.59$25,605
Dec 201005,29285.734.35$23,008
Nov 201005,19980.843.80$19,732
Oct 201005,34978.103.51$18,769
Sep 201005,31372.633.98$21,143
Aug 201005,47773.684.42$24,205
Jul 201005,31472.554.74$25,170
Jun 201005,03970.364.91$24,744
May 201005,91871.124.24$25,064
Apr 201005,06181.694.12$20,865
Mar 20101475,60278.394.39$36,109
Feb 20104965,22273.585.44$64,916
Jan 20103265,95574.365.96$59,758
Dec 20096296,12771.445.48$78,535
Nov 20094215,87974.593.75$53,457
Oct 20093616,15672.544.11$51,490
Sep 20094675,78865.543.06$48,346
Aug 2009396,50767.423.22$23,572
Jul 2009465,29761.133.46$21,163
Jun 2009545,41966.163.90$24,680
May 2009476,58054.743.93$28,404
Apr 2009486,33346.773.59$24,965
Mar 2009336,52742.144.06$27,884
Feb 200905,92632.814.63$27,455
Jan 200906,10835.865.37$32,806
Dec 200806,16037.105.98$36,819
Nov 200806,30955.496.86$43,282
Oct 200806,83075.246.92$47,277
Sep 200806,595101.767.88$51,949
Aug 200807,116114.228.48$60,365
Jul 200807,040131.0811.39$80,182
Jun 200806,956131.3313.03$90,655
May 200807,571123.1711.57$87,629
Apr 200807,447110.3110.45$77,857
Mar 200807,872101.909.66$76,076
Feb 200806,59592.538.77$57,842
Jan 200807,86990.388.21$64,571
Dec 200707,37488.337.30$53,845
Nov 200707,35891.677.29$53,652
Oct 2007287,62182.856.92$55,072
Sep 20073297,51575.846.24$71,876
Aug 20071926,58469.066.39$55,318
Jul 20072037,56970.906.39$62,743
Jun 20071096,47962.007.55$55,664
May 20071867,21158.747.85$67,505
Apr 20071566,92059.617.81$63,311
Mar 200707,56456.927.30$55,232
Feb 200707,56955.108.22$62,187
Jan 200707,58450.306.73$51,016
Dec 200605,42956.656.92$37,560
Nov 200607,85354.207.62$59,820
Oct 200608,94354.906.01$53,781
Sep 200608,90760.085.04$44,866
Aug 200609,06768.717.34$66,551
Jul 200608,59869.376.34$54,535
Jun 200609,05166.286.38$57,781
May 200609,00566.016.42$57,857
Apr 200608,84264.397.36$65,081
Mar 200609,32256.707.08$66,027
Feb 200607,43157.597.75$57,599
Jan 200608,47560.598.93$75,710
Dec 200509,45754.9413.42$126,869
Nov 200508,51554.6910.59$90,160
Oct 200538,96058.3413.80$123,785
Sep 20051449,80061.4512.08$127,223
Aug 200513910,33661.519.80$109,810
Jul 200516310,39555.697.84$90,612
Jun 200523310,34252.337.38$88,528
May 200519310,47445.226.65$78,392
Apr 200518510,45949.207.36$86,085
Mar 2005211,35750.377.15$81,359
Feb 20054610,93545.226.31$71,101
Jan 200521010,53843.166.32$75,687
Dec 200427411,05839.866.75$85,575
Nov 200425811,70645.286.33$85,786
Oct 200422612,09949.706.52$90,058
Sep 200430111,34743.245.28$72,972
Aug 200422012,42942.375.55$78,311
Jul 200428212,38138.286.08$86,123
Jun 200470614,29336.106.43$117,434
May 200426312,48337.486.49$90,929
Apr 200419610,77734.475.86$69,893
Mar 200420112,39934.365.53$75,475
Feb 200418612,02432.455.51$72,283
Jan 200439613,80732.036.30$99,663
Dec 200339912,51230.266.30$90,920
Nov 200327711,95028.804.60$62,890
Oct 200324013,36328.174.76$70,364
Sep 20033213,84526.314.75$66,597
Aug 20033014,74929.765.13$76,551
Jul 20032515,47029.415.17$80,728
Jun 20032916,44728.565.98$99,230
May 20032213,22326.595.97$79,562
Apr 20034215,21926.675.41$83,414
Mar 20034116,59531.146.10$102,441
Feb 20034215,21933.487.93$122,030
Jan 20032215,49130.315.58$87,138
Dec 20022416,59626.914.85$81,199
Nov 20023316,45424.664.14$68,883
Oct 200214415,28826.464.23$68,465
Sep 200215314,40027.443.64$56,545
Aug 200220215,96925.963.16$55,772
Jul 200224916,64424.583.06$57,080
Jun 200222715,89323.733.34$58,441
May 200231717,37524.663.58$70,089
Apr 200225115,23823.653.51$59,457
Mar 200223816,64122.003.10$56,868
Feb 200221915,20618.222.38$40,115
Jan 200225415,69817.172.38$41,655
Dec 200115316,06816.932.36$40,581
Nov 200118916,38818.072.41$42,837
Oct 200122418,44919.782.53$51,086
Sep 200135618,75424.262.25$50,858
Aug 200142718,79324.873.05$67,998
Jul 200131219,67823.933.20$70,378
Jun 200133219,71224.563.82$83,536
May 200143020,08225.524.31$97,473
Apr 200135219,79624.685.34$114,305
Mar 200142821,03224.545.38$123,580
Feb 200119018,82727.755.77$113,849
Jan 200125221,19027.478.40$184,892
Dec 200022421,60626.889.12$203,122
Nov 200027820,36032.215.66$124,151
Oct 200025622,01031.235.15$121,247
Sep 200026322,94031.875.19$127,360
Aug 200028824,17529.644.54$118,309
Jul 200025124,53028.534.09$107,483
Jun 200031524,25429.304.40$115,880
May 200032325,31727.263.68$101,965
Apr 200028225,37224.513.12$85,971
Mar 20004025,50928.422.86$74,086
Feb 20003924,33727.622.73$67,432
Jan 20003927,46825.272.48$69,120
Dec 19997126,97824.282.42$67,111
Nov 199952726,34423.192.43$76,342
Oct 199955728,18820.982.80$90,717
Sep 199958327,92921.752.62$85,822
Aug 199950927,85419.262.88$89,900
Jul 199960028,88017.892.37$79,248
Jun 199916429,89415.942.36$73,227
May 199917530,82415.792.32$74,306
Apr 199918029,13915.102.21$67,058
Mar 199921431,78812.471.84$61,105
Feb 199920629,0679.981.82$54,894
Jan 199926433,26310.381.90$65,938
Dec 19981,09130,6529.201.77$64,393
Nov 19981,04030,16010.892.19$77,247
Oct 199897333,30512.421.97$77,669
Sep 199852231,47912.592.08$72,131
Aug 199865131,14411.301.91$66,759
Jul 199876631,96011.742.24$80,496
Jun 19981,15929,21311.242.24$78,385
May 19981,53232,76112.622.21$91,616
Apr 19981,74633,25113.042.51$106,073
Mar 199820436,34012.802.31$86,536
Feb 199819333,83013.952.30$80,472
Jan 199820838,89514.702.15$86,868
Dec 199720639,11916.322.41$97,682
Nov 199723140,69118.193.09$129,866
Oct 19975710,92219.253.15$35,500
Sep 19970017.742.95$0
Aug 199714017.862.55$250
Jul 199718919,99817.582.25$48,257
Jun 199736129,66717.242.26$73,188
May 199744729,95518.972.31$77,631
Apr 199750329,41317.882.08$70,254
Mar 199750631,50018.951.94$70,672
Feb 199742327,96420.492.21$70,353
Jan 199759533,10223.483.54$131,142
Dec 199657925,36723.32$13,502
Nov 199653725,49621.97$11,798
Oct 199666729,17523.31$15,548
Sep 199655326,30422.22$12,288
Aug 199636015,89720.26$7,294
Jul 199660430,93519.55$11,808
Jun 199655232,82018.73$10,339
May 199668735,28619.43$13,348
Apr 19961,10035,54721.51$23,661
Mar 19961,18436,15819.38$22,946
Feb 19961,36134,08716.98$23,110
Jan 19961,66137,04117.07$28,353
Dec 19951,71038,10617.19$29,395
Nov 19951,77639,16616.00$28,416
Oct 19951,59636,44815.43$24,626
Sep 19951,58339,89016.18$25,613
Aug 19951,41431,99015.92$22,511
Jul 19951,13324,80415.24$17,267
Jun 19951,31229,77616.41$21,530
May 19951,34433,83217.56$23,601
Apr 19951,35832,95817.73$24,077
Mar 1995038,58616.44$0
Feb 19958535,51016.58$1,409
Jan 199586037,91715.92$13,691
Dec 199492638,89215.03$13,918
Nov 199489338,69415.90$14,199
Oct 199464036,13715.58$9,971
Sep 199471735,94915.29$10,963
Aug 199485333,31016.13$13,759
Jul 199454836,42317.56$9,623
Jun 199499736,58317.09$17,039
May 199484436,10215.88$13,403
Apr 199493535,51614.14$13,221
Mar 199495737,05812.46$11,924
Feb 19941,02637,42812.50$12,825
Jan 199436743,82612.66$4,646
Dec 199369744,77212.33$8,594
Nov 199344742,69914.49$6,477
Oct 199356245,22815.85$8,908
Sep 199372350,89515.03$10,867
Aug 199343443,57215.66$6,796
Jul 1993038,40915.46$0
Jun 1993031,90616.79$0
May 1993049,87217.68$0
Apr 1993047,37818.05$0
Mar 199310950,96218.14$1,977
Feb 199380644,12917.90$14,427
Jan 199374848,94916.93$12,664

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            10 bbl  × $106.41 =     $1,064
Gas                2,015 Mcf  × $  3.05 =     $6,137

────────────────────────────────────────────────────
Month total                                   $7,201

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/129861 is the state's own key, not one this site invented.