VAQUILLAS RANCH -I

Name: VAQUILLAS RANCH -I lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 133021District 04Field 932154002 tax incentive programmesCondensateGasSave Export

Value, all time

$931 k

Jan 1993 – Mar 2019

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

315

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1990-04-30	122118
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	348 bbl	$26,529
Gas	Production	305,271 Mcf	$904,379
Total			$930,908

95,082 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 27.5610, -98.9963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56097, -98.99625 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

12,200 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

1100.0%

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.

00.0%

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 12,200 ft.

Completions filed

Mar 2019

1 of 1 wells

1 well


42-47933743	42	12,200 ft	Mar 2019	—	Yes

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 (315)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

315 months


Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	112	50.85	2.79	$313
Jan 2019	0	118	46.03	3.23	$381
Dec 2018	2	122	46.59	4.19	$604
Nov 2018	2	300	52.93	4.24	$1,377
Oct 2018	0	94	61.44	3.40	$319
Sep 2018	0	127	59.54	3.11	$395
Aug 2018	0	136	59.40	3.07	$417
Jul 2018	1	138	65.14	2.93	$470
Jun 2018	1	136	60.18	3.08	$479
May 2018	0	147	65.38	2.90	$426
Apr 2018	2	144	63.84	2.90	$545
Mar 2018	0	155	61.22	2.79	$432
Feb 2018	0	125	61.78	2.77	$346
Jan 2018	1	161	62.87	4.01	$708
Dec 2017	2	164	57.27	2.92	$594
Nov 2017	0	169	55.42	3.12	$527
Oct 2017	0	173	49.29	2.98	$516
Sep 2017	0	362	47.52	3.09	$1,118
Aug 2017	1	646	45.37	3.00	$1,986
Jul 2017	0	143	43.87	3.09	$441
Jun 2017	1	155	42.49	3.09	$521
May 2017	0	154	45.37	3.26	$503
Apr 2017	1	185	47.93	3.21	$642
Mar 2017	0	158	46.77	2.98	$471
Feb 2017	0	140	50.45	2.95	$413
Jan 2017	2	154	49.41	3.42	$625
Dec 2016	0	173	48.76	3.72	$644
Nov 2016	1	115	42.49	2.64	$347
Oct 2016	0	69	46.19	3.09	$213
Sep 2016	0	639	41.55	3.10	$1,981
Aug 2016	1	180	41.44	2.92	$568
Jul 2016	0	141	41.62	2.92	$412
Jun 2016	1	134	45.35	2.69	$405
May 2016	0	400	42.52	1.99	$796
Apr 2016	0	269	36.56	1.99	$536
Mar 2016	0	732	33.01	1.79	$1,313
Feb 2016	0	340	26.47	2.06	$702
Jan 2016	0	312	27.35	2.36	$738
Dec 2015	0	292	32.36	2.00	$584
Nov 2015	0	260	38.79	2.17	$564
Oct 2015	3	311	43.55	2.43	$885
Sep 2015	0	278	42.99	2.76	$767
Aug 2015	2	273	40.16	2.87	$865
Jul 2015	3	297	48.15	2.95	$1,019
Jun 2015	0	265	56.15	2.88	$764
May 2015	0	276	55.21	2.96	$816
Apr 2015	0	350	49.82	2.71	$947
Mar 2015	0	425	42.89	2.93	$1,247
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	141	43.43	3.10	$437
Dec 2014	0	265	54.69	3.59	$952
Nov 2014	0	482	70.46	4.25	$2,049
Oct 2014	2	265	78.30	3.90	$1,190
Sep 2014	2	259	86.16	4.05	$1,220
Aug 2014	0	271	89.39	4.04	$1,094
Jul 2014	0	291	96.56	4.18	$1,216
Jun 2014	0	294	98.16	4.74	$1,393
May 2014	0	322	94.73	4.73	$1,522
Apr 2014	0	640	95.94	4.81	$3,078
Mar 2014	0	314	95.89	5.06	$1,588
Feb 2014	0	127	97.40	6.19	$786
Jan 2014	0	379	90.40	4.86	$1,842
Dec 2013	0	344	91.82	4.35	$1,498
Nov 2013	0	266	88.85	3.74	$994
Oct 2013	0	456	97.42	3.78	$1,723
Sep 2013	0	221	104.11	3.72	$822
Aug 2013	0	248	104.25	3.52	$874
Jul 2013	0	254	102.52	3.72	$944
Jun 2013	0	262	94.40	3.93	$1,031
May 2013	0	276	94.83	4.15	$1,145
Apr 2013	0	364	93.96	4.28	$1,559
Mar 2013	0	987	93.62	3.91	$3,862
Feb 2013	0	117	91.23	3.42	$400
Jan 2013	0	379	91.60	3.42	$1,296
Dec 2012	0	691	86.77	3.42	$2,363
Nov 2012	0	405	86.95	3.62	$1,468
Oct 2012	0	391	89.38	3.40	$1,329
Sep 2012	0	321	94.67	2.92	$937
Aug 2012	0	274	92.66	2.91	$797
Jul 2012	0	209	85.13	3.02	$631
Jun 2012	0	230	79.82	2.52	$579
May 2012	0	300	91.61	2.49	$747
Apr 2012	0	723	101.65	2.00	$1,444
Mar 2012	0	9	105.05	2.22	$20
Feb 2012	0	712	101.10	2.57	$1,830
Jan 2012	0	1,254	98.09	2.73	$3,429
Dec 2011	0	666	96.87	3.24	$2,158
Nov 2011	0	382	95.72	3.31	$1,265
Oct 2011	0	721	84.98	3.65	$2,631
Sep 2011	0	1,148	83.62	3.99	$4,576
Aug 2011	0	1,082	83.40	4.15	$4,490
Jul 2011	0	1,103	94.14	4.52	$4,983
Jun 2011	0	1,523	92.90	4.64	$7,067
May 2011	0	2,513	98.13	4.40	$11,069
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	172	85.64	4.18	$719
Jan 2011	0	1,633	86.50	4.59	$7,493
Dec 2010	0	1,687	85.73	4.35	$7,335
Nov 2010	0	437	80.84	3.80	$1,659
Oct 2010	0	507	78.10	3.51	$1,779
Sep 2010	0	394	72.63	3.98	$1,568
Aug 2010	0	267	73.68	4.42	$1,180
Jul 2010	0	289	72.55	4.74	$1,369
Jun 2010	0	272	70.36	4.91	$1,336
May 2010	0	404	71.12	4.24	$1,711
Apr 2010	0	303	81.69	4.12	$1,249
Mar 2010	0	588	78.39	4.39	$2,581
Feb 2010	0	312	73.58	5.44	$1,698
Jan 2010	0	303	74.36	5.96	$1,807
Dec 2009	0	604	71.44	5.48	$3,312
Nov 2009	0	646	74.59	3.75	$2,423
Oct 2009	0	167	72.54	4.11	$686
Sep 2009	0	173	65.54	3.06	$530
Aug 2009	0	377	67.42	3.22	$1,213
Jul 2009	0	480	61.13	3.46	$1,663
Jun 2009	0	416	66.16	3.90	$1,620
May 2009	0	448	54.74	3.93	$1,759
Apr 2009	0	573	46.77	3.59	$2,056
Mar 2009	0	510	42.14	4.06	$2,070
Feb 2009	0	552	32.81	4.63	$2,557
Jan 2009	0	663	35.86	5.37	$3,561
Dec 2008	0	1,358	37.10	5.98	$8,117
Nov 2008	28	449	55.49	6.86	$4,634
Oct 2008	43	1,251	75.24	6.92	$11,895
Sep 2008	37	2,123	101.76	7.88	$20,488
Aug 2008	9	258	114.22	8.48	$3,217
Jul 2008	29	426	131.08	11.39	$8,653
Jun 2008	8	443	131.33	13.03	$6,824
May 2008	8	523	123.17	11.57	$7,039
Apr 2008	2	455	110.31	10.45	$4,978
Mar 2008	9	553	101.90	9.66	$6,261
Feb 2008	11	553	92.53	8.77	$5,868
Jan 2008	11	687	90.38	8.21	$6,632
Dec 2007	9	570	88.33	7.30	$4,957
Nov 2007	10	563	91.67	7.29	$5,022
Oct 2007	16	1,287	82.85	6.92	$10,234
Sep 2007	0	722	75.84	6.24	$4,508
Aug 2007	0	420	69.06	6.39	$2,683
Jul 2007	0	803	70.90	6.39	$5,130
Jun 2007	0	712	62.00	7.55	$5,375
May 2007	0	689	58.74	7.85	$5,406
Apr 2007	2	908	59.61	7.81	$7,206
Mar 2007	19	849	56.92	7.30	$7,281
Feb 2007	9	649	55.10	8.22	$5,828
Jan 2007	5	517	50.30	6.73	$3,729
Dec 2006	7	683	56.65	6.92	$5,122
Nov 2006	5	796	54.20	7.62	$6,335
Oct 2006	0	456	54.90	6.01	$2,742
Sep 2006	0	1,078	60.08	5.04	$5,430
Aug 2006	0	20	68.71	7.34	$147
Jul 2006	0	370	69.37	6.34	$2,347
Jun 2006	0	410	66.28	6.38	$2,617
May 2006	0	444	66.01	6.42	$2,853
Apr 2006	0	522	64.39	7.36	$3,842
Mar 2006	0	735	56.70	7.08	$5,206
Feb 2006	0	610	57.59	7.75	$4,728
Jan 2006	0	672	60.59	8.93	$6,003
Dec 2005	0	575	54.94	13.42	$7,714
Nov 2005	0	599	54.69	10.59	$6,342
Oct 2005	0	265	58.34	13.80	$3,656
Sep 2005	0	436	61.45	12.08	$5,266
Aug 2005	0	668	61.51	9.80	$6,544
Jul 2005	0	726	55.69	7.84	$5,694
Jun 2005	0	686	52.33	7.38	$5,063
May 2005	0	729	45.22	6.65	$4,849
Apr 2005	0	536	49.20	7.36	$3,945
Mar 2005	0	971	50.37	7.15	$6,947
Feb 2005	0	1,771	45.22	6.31	$11,178
Jan 2005	0	1,111	43.16	6.32	$7,024
Dec 2004	0	2,085	39.86	6.75	$14,076
Nov 2004	0	2,106	45.28	6.33	$13,332
Oct 2004	0	2,790	49.70	6.52	$18,177
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	451	42.37	5.55	$2,503
Jul 2004	0	673	38.28	6.08	$4,095
Jun 2004	0	890	36.10	6.43	$5,725
May 2004	0	995	37.48	6.49	$6,462
Apr 2004	0	689	34.47	5.86	$4,036
Mar 2004	0	1,012	34.36	5.53	$5,597
Feb 2004	0	922	32.45	5.51	$5,080
Jan 2004	0	445	32.03	6.30	$2,803
Dec 2003	0	498	30.26	6.30	$3,138
Nov 2003	0	1,638	28.80	4.60	$7,527
Oct 2003	0	1,792	28.17	4.76	$8,529
Sep 2003	0	1,726	26.31	4.75	$8,197
Aug 2003	0	1,187	29.76	5.13	$6,089
Jul 2003	0	1,142	29.41	5.17	$5,905
Jun 2003	0	2,357	28.56	5.98	$14,102
May 2003	0	1,805	26.59	5.97	$10,781
Apr 2003	0	2,094	26.67	5.41	$11,323
Mar 2003	0	944	31.14	6.10	$5,755
Feb 2003	0	507	33.48	7.93	$4,018
Jan 2003	0	528	30.31	5.58	$2,947
Dec 2002	0	786	26.91	4.85	$3,815
Nov 2002	0	1,081	24.66	4.14	$4,472
Oct 2002	0	1,216	26.46	4.23	$5,143
Sep 2002	0	72	27.44	3.64	$262
Aug 2002	0	303	25.96	3.16	$959
Jul 2002	0	1,543	24.58	3.06	$4,724
Jun 2002	0	1,021	23.73	3.34	$3,408
May 2002	0	2,875	24.66	3.58	$10,304
Apr 2002	0	1,649	23.65	3.51	$5,792
Mar 2002	0	897	22.00	3.10	$2,783
Feb 2002	0	245	18.22	2.38	$582
Jan 2002	0	256	17.17	2.38	$608
Dec 2001	0	215	16.93	2.36	$508
Nov 2001	0	478	18.07	2.41	$1,150
Oct 2001	0	969	19.78	2.53	$2,450
Sep 2001	0	938	24.26	2.25	$2,112
Aug 2001	0	853	24.87	3.05	$2,604
Jul 2001	0	1,016	23.93	3.20	$3,248
Jun 2001	0	1,076	24.56	3.82	$4,115
May 2001	0	741	25.52	4.31	$3,192
Apr 2001	0	760	24.68	5.34	$4,055
Mar 2001	0	916	24.54	5.38	$4,925
Feb 2001	0	893	27.75	5.77	$5,150
Jan 2001	0	1,275	27.47	8.40	$10,708
Dec 2000	0	1,041	26.88	9.12	$9,497
Nov 2000	0	1,277	32.21	5.66	$7,225
Oct 2000	0	748	31.23	5.15	$3,849
Sep 2000	0	931	31.87	5.19	$4,829
Aug 2000	0	972	29.64	4.54	$4,414
Jul 2000	0	1,038	28.53	4.09	$4,245
Jun 2000	0	1,957	29.30	4.40	$8,605
May 2000	0	1,234	27.26	3.68	$4,541
Apr 2000	0	1,283	24.51	3.12	$3,998
Mar 2000	0	1,426	28.42	2.86	$4,078
Feb 2000	0	1,192	27.62	2.73	$3,250
Jan 2000	0	1,522	25.27	2.48	$3,775
Dec 1999	0	888	24.28	2.42	$2,152
Nov 1999	0	1,189	23.19	2.43	$2,894
Oct 1999	0	509	20.98	2.80	$1,427
Sep 1999	0	974	21.75	2.62	$2,551
Aug 1999	0	656	19.26	2.88	$1,886
Jul 1999	0	928	17.89	2.37	$2,202
Jun 1999	0	1,025	15.94	2.36	$2,421
May 1999	0	1,238	15.79	2.32	$2,873
Apr 1999	0	1,241	15.10	2.21	$2,740
Mar 1999	0	1,309	12.47	1.84	$2,406
Feb 1999	0	1,116	9.98	1.82	$2,029
Jan 1999	0	1,399	10.38	1.90	$2,658
Dec 1998	0	1,588	9.20	1.77	$2,816
Nov 1998	0	1,714	10.89	2.19	$3,746
Oct 1998	0	2,204	12.42	1.97	$4,340
Sep 1998	0	1,664	12.59	2.08	$3,465
Aug 1998	0	1,700	11.30	1.91	$3,243
Jul 1998	0	2,143	11.74	2.24	$4,794
Jun 1998	0	2,309	11.24	2.24	$5,166
May 1998	0	2,859	12.62	2.21	$6,308
Apr 1998	0	2,107	13.04	2.51	$5,279
Mar 1998	0	1,877	12.80	2.31	$4,335
Feb 1998	0	1,554	13.95	2.30	$3,573
Jan 1998	0	2,034	14.70	2.15	$4,383
Dec 1997	0	2,552	16.32	2.41	$6,153
Nov 1997	0	2,058	18.19	3.09	$6,356
Oct 1997	0	3,025	19.25	3.15	$9,528
Sep 1997	0	3,292	17.74	2.95	$9,727
Aug 1997	0	3,213	17.86	2.55	$8,208
Jul 1997	0	4,312	17.58	2.25	$9,689
Jun 1997	0	1,000	17.24	2.26	$2,257
May 1997	0	1,167	18.97	2.31	$2,694
Apr 1997	0	1,019	17.88	2.08	$2,122
Mar 1997	0	3,095	18.95	1.94	$6,002
Feb 1997	0	1,331	20.49	2.21	$2,936
Jan 1997	0	1,085	23.48	3.54	$3,841
Dec 1996	0	1,030	23.32	—	$0
Nov 1996	0	1,004	21.97	—	$0
Oct 1996	0	1,123	23.31	—	$0
Sep 1996	0	1,078	22.22	—	$0
Aug 1996	0	1,190	20.26	—	$0
Jul 1996	0	1,208	19.55	—	$0
Jun 1996	0	1,058	18.73	—	$0
May 1996	0	1,400	19.43	—	$0
Apr 1996	0	1,342	21.51	—	$0
Mar 1996	0	2,186	19.38	—	$0
Feb 1996	0	2,992	16.98	—	$0
Jan 1996	0	1,174	17.07	—	$0
Dec 1995	0	1,181	17.19	—	$0
Nov 1995	0	1,424	16.00	—	$0
Oct 1995	0	1,563	15.43	—	$0
Sep 1995	0	1,956	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	617	15.24	—	$0
Jun 1995	0	2,595	16.41	—	$0
May 1995	0	3,194	17.56	—	$0
Apr 1995	0	1,543	17.73	—	$0
Mar 1995	0	1,167	16.44	—	$0
Feb 1995	0	1,325	16.58	—	$0
Jan 1995	0	1,482	15.92	—	$0
Dec 1994	0	1,618	15.03	—	$0
Nov 1994	0	1,641	15.90	—	$0
Oct 1994	0	1,879	15.58	—	$0
Sep 1994	0	3,353	15.29	—	$0
Aug 1994	0	4,536	16.13	—	$0
Jul 1994	0	1,464	17.56	—	$0
Jun 1994	0	1,426	17.09	—	$0
May 1994	0	1,667	15.88	—	$0
Apr 1994	0	2,436	14.14	—	$0
Mar 1994	0	1,908	12.46	—	$0
Feb 1994	1	2,137	12.50	—	$13
Jan 1994	1	2,493	12.66	—	$13
Dec 1993	5	2,319	12.33	—	$62
Nov 1993	3	2,102	14.49	—	$43
Oct 1993	5	2,213	15.85	—	$79
Sep 1993	4	2,262	15.03	—	$60
Aug 1993	1	2,487	15.66	—	$16
Jul 1993	4	2,552	15.46	—	$62
Jun 1993	4	2,655	16.79	—	$67
May 1993	4	2,932	17.68	—	$71
Apr 1993	3	2,870	18.05	—	$54
Mar 1993	4	3,426	18.14	—	$73
Feb 1993	1	4,099	17.90	—	$18
Jan 1993	0	3,775	16.93	—	$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.

Feb 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 50.85 =         $0
Gas                  112 Mcf  × $  2.79 =       $313

────────────────────────────────────────────────────
Month total                                     $313

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/133021 is the state's own key, not one this site invented.