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 133182District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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 Gas111990-04-03121778
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
CondensateDisposition10,680 bbl$326,593
GasProduction387,201 Mcf$887,613
Total$1,214,206

134,713 Mcf of this lease's gas, across 43 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 27.6587, -99.0877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65865, -99.08770 · 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
10,148 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 10,148 ft.

Completions filed
Oct 1989
1 of 1 wells

1 well

42-479348863110,148 ftOct 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 20261204106.413.05$728
Apr 2026219598.932.87$757
Mar 2026320389.753.15$909
Feb 2026018963.503.75$709
Jan 2026221059.138.00$1,798
Dec 2025220856.664.41$1,031
Nov 2025219658.593.93$887
Oct 2025221259.383.30$819
Sep 2025120362.743.08$687
Aug 2025220663.933.01$749
Jul 2025119566.743.32$713
Jun 2025219766.483.13$749
May 2025019060.553.23$614
Apr 2025218762.363.54$787
Mar 2025119067.704.27$879
Feb 2025217170.884.34$884
Jan 2025118774.324.28$874
Dec 2024219468.993.12$744
Nov 2024120769.052.20$524
Oct 2024220371.372.28$606
Sep 2024221169.612.36$638
Aug 2024321275.632.06$664
Jul 2024120479.932.15$518
Jun 2024220178.082.63$686
May 2024120978.812.20$538
Apr 2024119284.451.66$403
Mar 2024221480.301.55$491
Feb 2024219776.091.78$504
Jan 2024220173.023.30$809
Dec 2023121271.262.61$625
Nov 2023121777.892.81$687
Oct 2023227785.443.09$1,026
Sep 2023124789.042.74$765
Aug 202326880.522.67$343
Jul 2023250374.852.64$1,479
Jun 2023219068.962.26$567
May 2023120470.622.23$525
Apr 2023220278.122.24$608
Mar 2023322672.852.39$759
Feb 2023118575.112.47$531
Jan 202315176.533.39$249
Dec 2022219876.415.73$1,287
Nov 2022217785.005.65$1,169
Oct 2022132287.185.86$1,975
Sep 20222084.888.16$170
Aug 202225094.529.13$645
Jul 2022297101.587.54$935
Jun 20221217115.097.98$1,846
May 20221246109.378.43$2,184
Apr 20222302104.226.84$2,273
Mar 20222335108.885.08$1,918
Feb 2022134291.054.86$1,753
Jan 2022125181.844.54$1,221
Dec 2021123571.323.90$988
Nov 2021025277.435.24$1,320
Oct 2021027379.795.71$1,560
Sep 2021026469.865.35$1,413
Aug 2021129766.024.22$1,320
Jul 2021032470.783.98$1,290
Jun 202101,02269.493.38$3,455
May 202111,51363.483.02$4,629
Apr 2021114960.362.76$471
Mar 2021131561.302.72$917
Feb 2021111457.805.55$690
Jan 2021214550.412.81$508
Dec 2020318344.642.68$624
Nov 2020815038.772.71$716
Oct 2020817236.972.48$722
Sep 20201016137.091.99$691
Aug 20201420339.982.39$1,044
Jul 20201216238.371.83$756
Jun 20201017734.901.69$648
May 2020217816.921.81$357
Apr 2020317914.751.80$367
Mar 2020316730.341.86$401
Feb 2020214549.881.98$387
Jan 2020417457.252.09$593
Dec 2019315059.012.30$523
Nov 2019117855.302.75$545
Oct 2019118553.472.42$501
Sep 201919355.052.66$302
Aug 2019115753.112.30$415
Jul 2019112956.272.46$374
Jun 2019217052.782.49$529
May 2019211558.482.74$432
Apr 2019414162.632.75$638
Mar 2019212256.803.06$487
Feb 2019314450.852.79$555
Jan 2019511646.033.23$605
Dec 2018316146.594.19$814
Nov 2018315652.934.24$820
Oct 2018417461.443.40$837
Sep 2018214859.543.11$579
Aug 2018315659.403.07$657
Jul 2018311165.142.93$521
Jun 2018212260.183.08$496
May 2018315365.382.90$640
Apr 2018418063.842.90$778
Mar 2018518261.222.79$813
Feb 2018416461.782.77$701
Jan 2018519262.874.01$1,084
Dec 2017418957.272.92$781
Nov 2017916655.423.12$1,016
Oct 20172317049.292.98$1,641
Sep 20171616847.523.09$1,279
Aug 20171620345.373.00$1,336
Jul 20172317943.873.09$1,562
Jun 20171615642.493.09$1,161
May 20171517645.373.26$1,255
Apr 20171248947.933.21$2,146
Mar 201721,56546.772.98$4,763
Feb 201711,25250.452.95$3,747
Jan 2017265249.413.42$2,328
Dec 2016277748.763.72$2,990
Nov 2016513642.492.64$572
Oct 20161114846.193.09$965
Sep 20161614341.553.10$1,108
Aug 20161716641.442.92$1,190
Jul 2016329141.622.92$976
Jun 2016320645.352.69$689
May 20161427642.521.99$1,145
Apr 20168285636.561.99$4,702
Mar 20161553,27633.011.79$10,994
Feb 20161893,02726.472.06$11,249
Jan 20161703,15027.352.36$12,097
Dec 20151593,15432.362.00$11,458
Nov 201532,52138.792.17$5,580
Oct 2015581,68243.552.43$6,607
Sep 20151382,89542.992.76$13,918
Aug 2015362,48140.162.87$8,572
Jul 20158077948.152.95$6,146
Jun 201516462056.152.88$10,996
May 20153492155.212.96$4,599
Apr 20152269249.822.71$2,969
Mar 2015069642.892.93$2,043
Feb 2015096344.662.98$2,866
Jan 201501,09143.433.10$3,383
Dec 2014064754.693.59$2,324
Nov 2014073870.464.25$3,138
Oct 2014099578.303.90$3,881
Sep 201401,38886.164.05$5,615
Aug 2014054189.394.04$2,183
Jul 2014064696.564.18$2,700
Jun 2014064698.164.74$3,060
May 2014010394.734.73$487
Apr 201411095.944.81$1,055
Mar 20141843095.895.06$3,900
Feb 20142954097.406.19$6,168
Jan 20141329490.404.86$2,604
Dec 20132645991.824.35$4,386
Nov 20132547088.853.74$3,978
Oct 2013539097.423.78$1,961
Sep 20130385104.113.72$1,431
Aug 20130595104.253.52$2,096
Jul 201301,051102.523.72$3,907
Jun 201301,32194.403.93$5,196
May 201301,58894.834.15$6,589
Apr 2013038393.964.28$1,640
Mar 2013087393.623.91$3,416
Feb 2013054291.233.42$1,854
Jan 2013048091.603.42$1,642
Dec 2012076386.773.42$2,610
Nov 201201,19986.953.62$4,346
Oct 2012171,01289.383.40$4,960
Sep 20129085794.672.92$11,021
Aug 20121031,04392.662.91$12,577
Jul 201215195285.133.02$15,730
Jun 201214280879.822.52$13,370
May 20121991,28291.612.49$21,420
Apr 20122251,453101.652.00$25,773
Mar 20121461,660105.052.22$19,026
Feb 201201,293101.102.57$3,323
Jan 201201,40898.092.73$3,850
Dec 201101,05996.873.24$3,431
Nov 201101,42495.723.31$4,715
Oct 201101,69284.983.65$6,173
Sep 2011092383.623.99$3,679
Aug 2011082983.404.15$3,440
Jul 2011090994.144.52$4,106
Jun 2011094792.904.64$4,394
May 201101,50998.134.40$6,647
Apr 201102,558105.964.33$11,085
Mar 201102,54996.364.06$10,342
Feb 201101,90785.644.18$7,971
Jan 201101,73386.504.59$7,952
Dec 201002,46285.734.35$10,704
Nov 201002,70180.843.80$10,251
Oct 201002,94978.103.51$10,348
Sep 201002,79972.633.98$11,139
Aug 201002,81173.684.42$12,423
Jul 201002,71372.554.74$12,850
Jun 201003,65470.364.91$17,943
May 201003,07771.124.24$13,032
Apr 201001,26581.694.12$5,215
Mar 2010072678.394.39$3,186
Feb 201001,93873.585.44$10,547
Jan 201001,27774.365.96$7,616
Dec 200901,33571.445.48$7,321
Nov 200902,11474.593.75$7,931
Oct 200902,99372.544.11$12,302
Sep 200901,31865.543.06$4,039
Aug 200901,74767.423.22$5,623
Jul 200902,53361.133.46$8,776
Jun 200903,15966.163.90$12,304
May 200901,67254.743.93$6,564
Apr 200901,48646.773.59$5,331
Mar 200903,36742.144.06$13,667
Feb 200901,63032.814.63$7,552
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200802655.496.86$178
Oct 2008023675.246.92$1,634
Sep 20080296101.767.88$2,332
Aug 20080113114.228.48$959
Jul 20080184131.0811.39$2,096
Jun 20080197131.3313.03$2,567
May 20080152123.1711.57$1,759
Apr 20080175110.3110.45$1,830
Mar 20080299101.909.66$2,890
Feb 2008047392.538.77$4,148
Jan 20080290.388.21$16
Dec 2007025388.337.30$1,847
Nov 2007026691.677.29$1,940
Oct 2007031482.856.92$2,174
Sep 2007030275.846.24$1,886
Aug 2007038469.066.39$2,453
Jul 2007025270.906.39$1,610
Jun 2007035162.007.55$2,650
May 2007044458.747.85$3,484
Apr 2007061059.617.81$4,761
Mar 2007047256.927.30$3,447
Feb 2007067455.108.22$5,538
Jan 2007029150.306.73$1,958
Dec 2006012856.656.92$886
Nov 2006020054.207.62$1,524
Oct 2006025954.906.01$1,558
Sep 2006030260.085.04$1,521
Aug 2006022668.717.34$1,659
Jul 2006021269.376.34$1,345
Jun 2006021366.286.38$1,360
May 2006022366.016.42$1,433
Apr 2006019664.397.36$1,443
Mar 2006024656.707.08$1,742
Feb 2006015257.597.75$1,178
Jan 2006022660.598.93$2,019
Dec 2005027354.9413.42$3,662
Nov 2005025754.6910.59$2,721
Oct 2005026658.3413.80$3,670
Sep 20051817561.4512.08$3,220
Aug 20052729661.519.80$4,561
Jul 20053129655.697.84$4,048
Jun 20053926152.337.38$3,967
May 20053123445.226.65$2,958
Apr 20053319349.207.36$3,044
Mar 2005022350.377.15$1,596
Feb 2005013345.226.31$839
Jan 2005015343.166.32$967
Dec 2004019939.866.75$1,343
Nov 2004015145.286.33$956
Oct 2004024749.706.52$1,609
Sep 2004025543.245.28$1,347
Aug 2004029042.375.55$1,610
Jul 2004027038.286.08$1,643
Jun 2004012636.106.43$811
May 2004012937.486.49$838
Apr 2004026734.475.86$1,564
Mar 2004029334.365.53$1,620
Feb 2004010732.455.51$590
Jan 200403932.036.30$246
Dec 2003010930.266.30$687
Nov 2003013528.804.60$620
Oct 2003012228.174.76$581
Sep 2003018626.314.75$883
Aug 2003018629.765.13$954
Jul 2003016829.415.17$869
Jun 2003019028.565.98$1,137
May 2003029126.595.97$1,738
Apr 2003025426.675.41$1,373
Mar 2003015231.146.10$927
Feb 2003014133.487.93$1,118
Jan 2003021430.315.58$1,195
Dec 2002012026.914.85$582
Nov 2002026924.664.14$1,113
Oct 200204326.464.23$182
Sep 2002011227.443.64$407
Aug 2002020825.963.16$658
Jul 2002016524.583.06$505
Jun 2002015823.733.34$527
May 2002015024.663.58$538
Apr 2002018923.653.51$664
Mar 2002020522.003.10$636
Feb 2002020518.222.38$487
Jan 200209417.172.38$223
Dec 200108816.932.36$208
Nov 200106718.072.41$161
Oct 200108919.782.53$225
Sep 2001025624.262.25$576
Aug 2001026224.873.05$800
Jul 2001028523.933.20$911
Jun 2001022724.563.82$868
May 2001025725.524.31$1,107
Apr 2001229324.685.34$1,613
Mar 20012442024.545.38$2,847
Feb 2001722927.755.77$1,515
Jan 2001924927.478.40$2,339
Dec 2000723626.889.12$2,341
Nov 2000927032.215.66$1,818
Oct 2000033931.235.15$1,744
Sep 2000033631.875.19$1,743
Aug 2000022429.644.54$1,017
Jul 2000023028.534.09$941
Jun 2000055829.304.40$2,454
May 2000068427.263.68$2,517
Apr 2000045324.513.12$1,412
Mar 2000073728.422.86$2,108
Feb 2000065627.622.73$1,789
Jan 2000028625.272.48$709
Dec 1999454724.282.42$1,423
Nov 19995273623.192.43$2,997
Oct 19991372,06120.982.80$8,653
Sep 19992063,21421.752.62$12,897
Aug 19991753,14519.262.88$12,414
Jul 19991983,20217.892.37$11,139
Jun 199903,48315.942.36$8,227
May 199903,47215.792.32$8,059
Apr 199903,19315.102.21$7,050
Mar 199903,14012.471.84$5,772
Feb 199902,7129.981.82$4,930
Jan 199902,24710.381.90$4,269
Dec 199854009.201.77$755
Nov 1998744910.892.19$1,058
Oct 1998335012.421.97$726
Sep 1998043812.592.08$912
Aug 1998052311.301.91$998
Jul 1998162011.742.24$1,399
Jun 1998429111.242.24$696
May 1998861112.622.21$1,449
Apr 19981058513.042.51$1,596
Mar 1998753012.802.31$1,314
Feb 1998750813.952.30$1,266
Jan 1998764514.702.15$1,493
Dec 1997864316.322.41$1,681
Nov 199701,33518.193.09$4,123
Oct 199703,10319.253.15$9,774
Sep 199704,17817.742.95$12,345
Aug 199704,67917.862.55$11,954
Jul 199705,06717.582.25$11,385
Jun 199704,87317.242.26$10,999
May 199704,20118.972.31$9,698
Apr 1997086017.882.08$1,791
Mar 199701,49618.951.94$2,901
Feb 1997079620.492.21$1,756
Jan 199701,10423.483.54$3,908
Dec 1996067023.32$0
Nov 1996072421.97$0
Oct 199601,02423.31$0
Sep 1996085422.22$0
Aug 1996074720.26$0
Jul 199601,51019.55$0
Jun 199601,33918.73$0
May 1996286119.43$39
Apr 1996321,18521.51$688
Mar 1996522,18919.38$1,008
Feb 1996461,40816.98$781
Jan 1996782,09017.07$1,331
Dec 19951394,05817.19$2,389
Nov 19951193,30516.00$1,904
Oct 19951374,11115.43$2,114
Sep 1995965,01416.18$1,553
Aug 19951055,80015.92$1,672
Jul 1995355,75015.24$533
Jun 19953085,43216.41$5,054
May 19952776,08917.56$4,864
Apr 1995253,15417.73$443
Mar 1995301,23916.44$493
Feb 19952082516.58$332
Jan 1995211,09515.92$334
Dec 1994231,16915.03$346
Nov 1994351,82115.90$557
Oct 1994241,63715.58$374
Sep 1994301,87915.29$459
Aug 1994106,84516.13$161
Jul 199442,23917.56$70
Jun 1994054117.09$0
May 199402,94415.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 199304,64514.49$0
Oct 199335,94515.85$48
Sep 199356,40315.03$75
Aug 1993616,40515.66$955
Jul 19934532,98515.46$7,003
Jun 19931,3356,52716.79$22,415
May 19931,0207,71917.68$18,034
Apr 19931,5646,46318.05$28,230
Mar 19931822,35018.14$3,301
Feb 19931572,26517.90$2,810
Jan 19932373,45816.93$4,012

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             1 bbl  × $106.41 =       $106
Gas                  204 Mcf  × $  3.05 =       $621

────────────────────────────────────────────────────
Month total                                     $728

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/133182 is the state's own key, not one this site invented.