VAQUILLAS RANCH CO. S.G.U.

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 132088District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$109 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
High Cost Gas111990-03-31121779
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
CondensateDisposition5,425 bbl$258,719
GasProduction960,635 Mcf$3,377,692
Total$3,636,410

139,262 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 27.6259, -99.0829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62592, -99.08291 · 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
10,219 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 10,219 ft.

Completions filed
Sep 1989
1 of 1 wells

1 well

42-47934885810,219 ftSep 1989

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 202691,774106.413.05$6,361
Apr 2026141,71098.932.87$6,292
Mar 2026251,88889.753.15$8,190
Feb 202601,73363.503.75$6,499
Jan 2026161,96559.138.00$16,662
Dec 2025262,07756.664.41$10,640
Nov 2025192,31658.593.93$10,207
Oct 2025262,29059.383.30$9,112
Sep 2025162,46062.743.08$8,573
Aug 2025212,86663.933.01$9,983
Jul 2025121,89366.743.32$7,077
Jun 2025232,42866.483.13$9,126
May 202551,18660.553.23$4,136
Apr 2025281,74162.363.54$7,915
Mar 2025102,41067.704.27$10,964
Feb 2025322,96870.884.34$15,152
Jan 2025223,82674.324.28$18,005
Dec 2024534,52368.993.12$17,774
Nov 202465,12569.052.20$11,681
Oct 202471,00871.372.28$2,799
Sep 2024552469.612.36$1,587
Aug 2024954375.632.06$1,801
Jul 2024258879.932.15$1,422
Jun 2024751278.082.63$1,895
May 2024460678.812.20$1,647
Apr 2024356084.451.66$1,183
Mar 2024555780.301.55$1,262
Feb 2024556876.091.78$1,394
Jan 2024552273.023.30$2,086
Dec 2023249271.262.61$1,427
Nov 2023448677.892.81$1,676
Oct 2023569585.443.09$2,573
Sep 2023353389.042.74$1,725
Aug 2023559580.522.67$1,993
Jul 2023550874.852.64$1,716
Jun 2023650368.962.26$1,550
May 2023355370.622.23$1,444
Apr 2023667978.122.24$1,988
Mar 2023861172.852.39$2,045
Feb 2023453875.112.47$1,627
Jan 2023454576.533.39$2,152
Dec 2022658676.415.73$3,816
Nov 20221160885.005.65$4,368
Oct 2022684187.185.86$5,455
Sep 2022144084.888.16$1,515
Aug 20221457994.529.13$6,608
Jul 202213584101.587.54$5,725
Jun 20225618115.097.98$5,505
May 20226690109.378.43$6,475
Apr 20228565104.226.84$4,697
Mar 20227976108.885.08$5,717
Feb 202261,97091.054.86$10,118
Jan 202252,72181.844.54$12,756
Dec 202152,35871.323.90$9,551
Nov 202131,87677.435.24$10,057
Oct 202111,74179.795.71$10,028
Sep 202121,34669.865.35$7,342
Aug 202131,35966.024.22$5,934
Jul 2021277270.783.98$3,216
Jun 202131,46669.493.38$5,164
May 202182,11463.483.02$6,887
Apr 202161,93560.362.76$5,700
Mar 202182,10961.302.72$6,220
Feb 202142,43957.805.55$13,763
Jan 2021111,56750.412.81$4,958
Dec 2020132,28944.642.68$6,704
Nov 2020131,77238.772.71$5,300
Oct 2020131,99736.972.48$5,430
Sep 2020172,25137.091.99$5,112
Aug 2020252,24039.982.39$6,342
Jul 2020271,97338.371.83$4,637
Jun 2020442,39134.901.69$5,577
May 2020301,12916.921.81$2,556
Apr 2020661,56514.751.80$3,797
Mar 2020531,32430.341.86$4,066
Feb 2020481,50049.881.98$5,365
Jan 2020692,07657.252.09$8,299
Dec 2019501,64159.012.30$6,732
Nov 201962,44955.302.75$7,068
Oct 201972,68553.472.42$6,868
Sep 201963,18055.052.66$8,780
Aug 201953,15253.112.30$7,529
Jul 201965,25756.272.46$13,270
Jun 201974,79052.782.49$12,302
May 2019864758.482.74$2,241
Apr 20191768962.632.75$2,960
Mar 20191159156.803.06$2,435
Feb 20191359150.852.79$2,311
Jan 20192161946.033.23$2,965
Dec 20181668746.594.19$3,621
Nov 20181364552.934.24$3,421
Oct 20181675661.443.40$3,552
Sep 20181074859.543.11$2,920
Aug 20181377859.403.07$3,158
Jul 20181282165.142.93$3,189
Jun 2018790260.183.08$3,197
May 201851,72565.382.90$5,331
Apr 201873,78663.842.90$11,429
Mar 201882,89361.222.79$8,552
Feb 201873,71461.782.77$10,706
Jan 201886,95462.874.01$28,384
Dec 2017738257.272.92$1,517
Nov 20171062155.423.12$2,491
Oct 2017977449.292.98$2,753
Sep 2017658747.523.09$2,097
Aug 2017758645.373.00$2,078
Jul 20171059043.873.09$2,260
Jun 2017759942.493.09$2,147
May 2017657745.373.26$2,155
Apr 2017854347.933.21$2,127
Mar 20171453446.772.98$2,248
Feb 2017962850.452.95$2,308
Jan 20171774849.413.42$3,397
Dec 20161195148.763.72$4,077
Nov 20161292342.492.64$2,951
Oct 201621,58646.193.09$4,994
Sep 2016171,84841.553.10$6,436
Aug 2016212,78141.442.92$9,003
Jul 2016161,50641.622.92$5,070
Jun 2016253,94945.352.69$11,740
May 2016263,65342.521.99$8,379
Apr 2016414,52836.561.99$10,514
Mar 2016264,37833.011.79$8,712
Feb 2016323,83226.472.06$8,755
Jan 2016365,30027.352.36$13,516
Dec 201581,22732.362.00$2,715
Nov 2015099238.792.17$2,150
Oct 2015871,35043.552.43$7,065
Sep 20152593,83742.992.76$21,718
Aug 20151915,70640.162.87$24,061
Jul 20151606,72548.152.95$27,510
Jun 20153573756.152.88$4,090
May 20152584255.212.96$3,869
Apr 2015530849.822.71$1,083
Mar 2015065642.892.93$1,925
Feb 2015057244.662.98$1,702
Jan 2015073643.433.10$2,282
Dec 2014090654.693.59$3,254
Nov 201401,07470.464.25$4,566
Oct 201401,65078.303.90$6,437
Sep 201407,08086.164.05$28,642
Aug 2014093889.394.04$3,785
Jul 201401,18396.564.18$4,944
Jun 2014081898.164.74$3,875
May 2014792894.734.73$5,049
Apr 2014281,06495.944.81$7,803
Mar 2014321,69695.895.06$11,645
Feb 20141014,86597.406.19$39,961
Jan 2014574,42790.404.86$26,671
Dec 20131383791.824.35$4,838
Nov 20131783688.853.74$4,636
Oct 20131691397.423.78$5,009
Sep 201301,003104.113.72$3,729
Aug 20130767104.253.52$2,702
Jul 20130844102.523.72$3,138
Jun 2013088394.403.93$3,473
May 201301,11194.834.15$4,610
Apr 2013085493.964.28$3,657
Mar 2013085293.623.91$3,334
Feb 2013087691.233.42$2,996
Jan 201301,02091.603.42$3,488
Dec 2012086186.773.42$2,945
Nov 201271,02786.953.62$4,331
Oct 2012561,28389.383.40$9,367
Sep 2012923,84194.672.92$19,919
Aug 2012421,48092.662.91$8,196
Jul 2012531,07585.133.02$7,759
Jun 2012541,05379.822.52$6,963
May 2012841,34891.612.49$11,050
Apr 20121573,574101.652.00$23,096
Mar 2012722,701105.052.22$13,565
Feb 201201,415101.102.57$3,637
Jan 201204,42698.092.73$12,101
Dec 201103,92596.873.24$12,716
Nov 201104,36295.723.31$14,444
Oct 201104,88384.983.65$17,816
Sep 201106,96183.623.99$27,745
Aug 201108,83983.404.15$36,676
Jul 201104,99694.144.52$22,568
Jun 2011018092.904.64$835
May 2011087998.134.40$3,872
Apr 20110892105.964.33$3,865
Mar 201101,09796.364.06$4,451
Feb 2011060885.644.18$2,541
Jan 2011087786.504.59$4,024
Dec 2010093985.734.35$4,083
Nov 2010094780.843.80$3,594
Oct 201001,00478.103.51$3,523
Sep 2010097572.633.98$3,880
Aug 201001,23673.684.42$5,462
Jul 2010071572.554.74$3,387
Jun 201001,02870.364.91$5,048
May 201001,10271.124.24$4,667
Apr 201001,18381.694.12$4,877
Mar 201001,36478.394.39$5,986
Feb 201003,30673.585.44$17,992
Jan 201004,26574.365.96$25,437
Dec 200905,21171.445.48$28,576
Nov 2009086874.593.75$3,256
Oct 200901,00372.544.11$4,123
Sep 200901,21565.543.06$3,724
Aug 200901,04367.423.22$3,357
Jul 200901,27461.133.46$4,414
Jun 200901,15666.163.90$4,503
May 200901,66054.743.93$6,517
Apr 200903,75946.773.59$13,485
Mar 200905,15842.144.06$20,936
Feb 200905,95432.814.63$27,585
Jan 200902,21735.865.37$11,908
Dec 200801,10437.105.98$6,599
Nov 2008080655.496.86$5,529
Oct 2008089275.246.92$6,174
Sep 200801,114101.767.88$8,775
Aug 20080862114.228.48$7,312
Jul 200801,414131.0811.39$16,105
Jun 200801,286131.3313.03$16,760
May 200801,180123.1711.57$13,658
Apr 200803,133110.3110.45$32,755
Mar 200804,928101.909.66$47,625
Feb 200805,35092.538.77$46,923
Jan 200806,69890.388.21$54,962
Dec 200703,58788.337.30$26,192
Nov 200701,15191.677.29$8,393
Oct 200701,33582.856.92$9,241
Sep 200701,32875.846.24$8,292
Aug 200703,86869.066.39$24,709
Jul 200704,86770.906.39$31,090
Jun 200703,90762.007.55$29,492
May 200701,22858.747.85$9,635
Apr 200701,49359.617.81$11,653
Mar 200704,99356.927.30$36,459
Feb 200705,32655.108.22$43,758
Jan 200702,38750.306.73$16,057
Dec 200605,02656.656.92$34,772
Nov 200607,41154.207.62$56,453
Oct 200609,94854.906.01$59,825
Sep 200699,41060.085.04$47,941
Aug 2006975,34268.717.34$45,875
Jul 2006261,60169.376.34$11,958
Jun 2006341,69766.286.38$13,087
May 2006402,20666.016.42$16,814
Apr 2006523,44964.397.36$28,735
Mar 2006542,73856.707.08$22,455
Feb 2006059957.597.75$4,643
Jan 2006079460.598.93$7,093
Dec 200501,17854.9413.42$15,803
Nov 2005095454.6910.59$10,101
Oct 2005069058.3413.80$9,519
Sep 200501,09061.4512.08$13,166
Aug 200501,54961.519.80$15,175
Jul 200501,67355.697.84$13,122
Jun 200501,61452.337.38$11,913
May 200501,14345.226.65$7,602
Apr 200501,68549.207.36$12,402
Mar 200502,10850.377.15$15,082
Feb 200501,97645.226.31$12,472
Jan 200509,59143.166.32$60,636
Dec 200407,18139.866.75$48,480
Nov 200406,31845.286.33$39,996
Oct 200405,09449.706.52$33,188
Sep 200401,53643.245.28$8,116
Aug 200401,58442.375.55$8,792
Jul 200401,30938.286.08$7,964
Jun 200402,11336.106.43$13,593
May 200401,40437.486.49$9,118
Apr 200401,65234.475.86$9,678
Mar 200401,57834.365.53$8,727
Feb 200401,70732.455.51$9,405
Jan 200401,04032.036.30$6,552
Dec 200301,65130.266.30$10,404
Nov 200301,20828.804.60$5,551
Oct 200303,60028.174.76$17,135
Sep 200306,23926.314.75$29,631
Aug 200307,11829.765.13$36,513
Jul 200301,31329.415.17$6,789
Jun 200301,23928.565.98$7,413
May 200301,64026.595.97$9,795
Apr 200301,34826.675.41$7,289
Mar 200301,43831.146.10$8,766
Feb 200301,17033.487.93$9,273
Jan 200301,25330.315.58$6,994
Dec 2002098726.914.85$4,791
Nov 200201,17824.664.14$4,873
Oct 200201,30026.464.23$5,498
Sep 2002073827.443.64$2,683
Aug 200201,01925.963.16$3,224
Jul 200201,30424.583.06$3,993
Jun 200201,40323.733.34$4,684
May 200202,83124.663.58$10,146
Apr 2002098123.653.51$3,446
Mar 200201,25022.003.10$3,878
Feb 2002059118.222.38$1,404
Jan 2002097217.172.38$2,309
Dec 2001059316.932.36$1,402
Nov 200104,87318.072.41$11,722
Oct 20010019.782.53$0
Sep 200102,56024.262.25$5,763
Aug 200104,44324.873.05$13,565
Jul 200104,36723.933.20$13,962
Jun 200101,24524.563.82$4,761
May 200101,20525.524.31$5,190
Apr 200101,32624.685.34$7,075
Mar 200101,75024.545.38$9,409
Feb 200101,46527.755.77$8,449
Jan 200101,16427.478.40$9,776
Dec 200001,45626.889.12$13,282
Nov 2000088732.215.66$5,019
Oct 200005,76431.235.15$29,659
Sep 200003,50631.875.19$18,184
Aug 200004,85829.644.54$22,059
Jul 200001,91628.534.09$7,836
Jun 200001,52729.304.40$6,715
May 200001,85327.263.68$6,819
Apr 200001,53024.513.12$4,767
Mar 200071,39528.422.86$4,188
Feb 2000121,82527.622.73$5,307
Jan 2000101,91125.272.48$4,993
Dec 1999142,37524.282.42$6,096
Nov 1999342,34323.192.43$6,491
Oct 1999574,42720.982.80$13,608
Sep 1999513,38521.752.62$9,974
Aug 1999635,03919.262.88$15,704
Jul 1999724,60317.892.37$12,208
Jun 1999705,56515.942.36$14,261
May 1999896,94215.792.32$17,518
Apr 19991128,47115.102.21$20,396
Mar 1999724,59512.471.84$9,345
Feb 19991136,9929.981.82$13,838
Jan 19991149,16010.381.90$18,587
Dec 199807,1949.201.77$12,757
Nov 199807,99010.892.19$17,464
Oct 199805,85112.421.97$11,522
Sep 199803,43012.592.08$7,143
Aug 1998310,69011.301.91$20,423
Jul 199806,54111.742.24$14,634
Jun 199809,64911.242.24$21,587
May 1998028,08712.622.21$61,969
Apr 199809,32813.042.51$23,370
Mar 199801,48012.802.31$3,418
Feb 199801,30013.952.30$2,989
Jan 199801,39714.702.15$3,010
Dec 199701,35516.322.41$3,267
Nov 199701,24218.193.09$3,836
Oct 199701,35319.253.15$4,262
Sep 199701,31817.742.95$3,895
Aug 199701,46317.862.55$3,738
Jul 199701,09917.582.25$2,469
Jun 199701,32817.242.26$2,998
May 199701,36818.972.31$3,158
Apr 199701,26217.882.08$2,628
Mar 199701,30318.951.94$2,527
Feb 199701,11620.492.21$2,462
Jan 199701,26323.483.54$4,471
Dec 199601,34923.32$0
Nov 199601,25121.97$0
Oct 199601,33223.31$0
Sep 199601,33422.22$0
Aug 199601,39220.26$0
Jul 199601,30319.55$0
Jun 199601,26118.73$0
May 199601,44219.43$0
Apr 199601,28221.51$0
Mar 199601,31019.38$0
Feb 199601,23616.98$0
Jan 199601,33217.07$0
Dec 199501,24817.19$0
Nov 199501,15716.00$0
Oct 199501,33115.43$0
Sep 199501,31416.18$0
Aug 199501,39515.92$0
Jul 199501,48715.24$0
Jun 199501,42516.41$0
May 199501,19417.56$0
Apr 199511,45917.73$18
Mar 199541,21116.44$66
Feb 199541,33316.58$66
Jan 199541,32415.92$64
Dec 199451,42215.03$75
Nov 199441,70915.90$64
Oct 199451,85315.58$78
Sep 199451,64315.29$76
Aug 199462,48916.13$97
Jul 1994165,65717.56$281
Jun 1994503,60317.09$855
May 1994615,52315.88$969
Apr 1994725,59014.14$1,018
Mar 1994857,31812.46$1,059
Feb 1994434,33712.50$538
Jan 199423,04512.66$25
Dec 199342,19012.33$49
Nov 199321,37514.49$29
Oct 199332,78515.85$48
Sep 199353,32815.03$75
Aug 1993654,85515.66$1,018
Jul 199312110,12815.46$1,871
Jun 1993848,54916.79$1,410
May 1993726,35617.68$1,273
Apr 1993412,88718.05$740
Mar 1993808,88518.14$1,451
Feb 199373,84017.90$125
Jan 1993128,19316.93$203

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             9 bbl  × $106.41 =       $958
Gas                1,774 Mcf  × $  3.05 =     $5,403

────────────────────────────────────────────────────
Month total                                   $6,361

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/132088 is the state's own key, not one this site invented.