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 134306District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$174 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 Gas111991-08-19123944
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
CondensateDisposition46,930 bbl$2,115,956
GasProduction2,855,019 Mcf$9,438,384
Total$11,554,340

582,102 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 27.6118, -99.0651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61179, -99.06507 · 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
10,700 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 10,700 ft.

Completions filed
Apr 1990
1 of 1 wells

1 well

42-479338522210,700 ftApr 1990

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 2026163,470106.413.05$12,272
Apr 2026263,12598.932.87$11,540
Mar 2026453,54589.753.15$15,204
Feb 202603,22863.503.75$12,106
Jan 2026263,42859.138.00$28,954
Dec 2025343,16256.664.41$15,881
Nov 2025272,98258.593.93$13,291
Oct 2025353,32559.383.30$13,067
Sep 2025183,31262.743.08$11,320
Aug 2025393,34763.933.01$12,584
Jul 2025183,76066.743.32$13,666
Jun 2025453,48366.483.13$13,889
May 202593,30160.553.23$11,215
Apr 2025363,45962.363.54$14,501
Mar 202593,20867.704.27$14,302
Feb 2025292,92770.884.34$14,761
Jan 2025183,28074.324.28$15,372
Dec 2024423,63868.993.12$14,253
Nov 2024203,36469.052.20$8,777
Oct 2024293,55571.372.28$10,180
Sep 2024292,74569.612.36$8,509
Aug 2024503,92175.632.06$11,873
Jul 2024103,16079.932.15$7,583
Jun 2024363,29078.082.63$11,477
May 2024193,60478.812.20$9,421
Apr 2024173,46584.451.66$7,185
Mar 2024243,43580.301.55$7,235
Feb 2024253,43276.091.78$8,024
Jan 2024263,79973.023.30$14,426
Dec 202393,50671.262.61$9,795
Nov 2023283,86477.892.81$13,029
Oct 2023413,60085.443.09$14,617
Sep 2023203,47589.042.74$11,285
Aug 2023303,81880.522.67$12,621
Jul 2023303,74874.852.64$12,147
Jun 2023374,08868.962.26$11,784
May 2023194,09870.622.23$10,470
Apr 2023373,57578.122.24$10,890
Mar 2023464,50272.852.39$14,125
Feb 2023243,52675.112.47$10,497
Jan 2023193,77976.533.39$14,256
Dec 2022284,12376.415.73$25,760
Nov 2022313,04685.005.65$19,833
Oct 2022183,71787.185.86$23,365
Sep 2022393,83284.888.16$34,594
Aug 2022394,01694.529.13$40,341
Jul 2022394,157101.587.54$35,314
Jun 2022184,164115.097.98$35,289
May 2022244,336109.378.43$39,191
Apr 2022333,937104.226.84$30,359
Mar 2022333,870108.885.08$23,239
Feb 2022253,72991.054.86$20,395
Jan 2022254,49181.844.54$22,425
Dec 2021254,41671.323.90$19,002
Nov 2021404,25477.435.24$25,375
Oct 2021264,36079.795.71$26,987
Sep 2021384,35369.865.35$25,947
Aug 2021495,06666.024.22$24,616
Jul 2021295,70470.783.98$24,766
Jun 2021384,04669.493.38$16,319
May 2021304,62363.483.02$15,855
Apr 2021234,12260.362.76$12,758
Mar 2021304,10761.302.72$12,997
Feb 2021164,70357.805.55$27,017
Jan 2021375,18750.412.81$16,442
Dec 2020345,42044.642.68$16,019
Nov 202054,43338.772.71$12,192
Oct 202053,61236.972.48$9,137
Sep 202074,62837.091.99$9,474
Aug 2020124,74739.982.39$11,802
Jul 2020355,29738.371.83$11,011
Jun 20201134,69834.901.69$11,885
May 20201084,56816.921.81$10,117
Apr 20202394,85114.751.80$12,278
Mar 20201904,70930.341.86$14,506
Feb 20201744,13549.881.98$16,869
Jan 20202504,81857.252.09$24,405
Dec 20191824,57059.012.30$21,271
Nov 2019404,89155.302.75$15,666
Oct 2019464,85753.472.42$14,206
Sep 2019354,90655.052.66$14,963
Aug 2019345,38053.112.30$14,203
Jul 2019416,35556.272.46$17,941
Jun 2019525,86652.782.49$17,358
May 2019606,32858.482.74$20,850
Apr 20191216,33462.632.75$25,001
Mar 2019755,04956.803.06$19,721
Feb 2019894,27750.852.79$16,468
Jan 20191485,27646.033.23$23,844
Dec 20181095,75646.594.19$29,170
Nov 2018915,43752.934.24$27,855
Oct 20181097,12561.443.40$30,908
Sep 2018715,38659.543.11$20,967
Aug 2018927,36559.403.07$28,050
Jul 2018923,02865.142.93$14,871
Jun 2018586,76460.183.08$24,303
May 2018665,44965.382.90$20,122
Apr 2018869,07363.842.90$31,809
Mar 20181079,41561.222.79$32,789
Feb 20188510,15961.782.77$33,352
Jan 20181088,88762.874.01$42,421
Dec 2017855,67457.272.92$21,445
Nov 20171085,83955.423.12$24,193
Oct 2017310,16649.292.98$30,480
Sep 2017110,32447.523.09$31,921
Aug 2017212,82245.373.00$38,613
Jul 2017313,67243.873.09$42,341
Jun 201726,68142.493.09$20,711
May 2017125,24545.373.26$17,661
Apr 2017233,18447.933.21$11,328
Mar 2017483,44746.772.98$12,530
Feb 2017303,42150.452.95$11,614
Jan 2017593,84649.413.42$16,064
Dec 2016384,36848.763.72$18,114
Nov 2016434,23642.492.64$13,029
Oct 2016124,02846.193.09$13,002
Sep 2016183,68341.553.10$12,168
Aug 2016294,31041.442.92$13,806
Jul 2016404,69341.622.92$15,389
Jun 2016554,76445.352.69$15,290
May 20161884,11242.521.99$16,181
Apr 2016254,08536.561.99$9,047
Mar 2016174,16033.011.79$8,024
Feb 2016214,14526.472.06$9,110
Jan 2016153,26927.352.36$8,139
Dec 2015163,67432.362.00$7,871
Nov 201504,14138.792.17$8,975
Oct 201594,52143.552.43$11,363
Sep 2015252,61842.992.76$8,296
Aug 2015223,90340.162.87$12,095
Jul 2015336,13348.152.95$19,651
Jun 2015456,19756.152.88$20,392
May 2015315,61855.212.96$18,315
Apr 2015163,18249.822.71$9,409
Mar 201503,34842.892.93$9,825
Feb 201503,24044.662.98$9,643
Jan 201503,70743.433.10$11,494
Dec 201404,82554.693.59$17,328
Nov 201406,16370.464.25$26,204
Oct 201406,46478.303.90$25,216
Sep 201405,49986.164.05$22,246
Aug 201406,36589.394.04$25,684
Jul 201406,45696.564.18$26,984
Jun 201406,48098.164.74$30,695
May 201476,67194.734.73$32,194
Apr 2014256,74095.944.81$34,812
Mar 2014177,67195.895.06$40,421
Feb 2014246,12797.406.19$40,276
Jan 2014176,65490.404.86$33,880
Dec 2013207,16891.824.35$33,049
Nov 2013236,66988.853.74$26,974
Oct 2013166,60097.423.78$26,503
Sep 201306,319104.113.72$23,492
Aug 201306,460104.253.52$22,756
Jul 201306,467102.523.72$24,043
Jun 201306,51594.403.93$25,626
May 201306,84494.834.15$28,396
Apr 201307,00893.964.28$30,012
Mar 201377,16193.623.91$28,675
Feb 2013276,89591.233.42$26,043
Jan 2013257,43191.603.42$27,703
Dec 2012256,39286.773.42$24,031
Nov 2012377,22486.953.62$29,404
Oct 2012467,55489.383.40$29,793
Sep 2012297,30894.672.92$24,073
Aug 201207,87392.662.91$22,896
Jul 201208,29885.133.02$25,067
Jun 201207,67279.822.52$19,326
May 201206,71991.612.49$16,719
Apr 201207,056101.652.00$14,089
Mar 201207,819105.052.22$17,374
Feb 201206,599101.102.57$16,961
Jan 201206,98298.092.73$19,089
Dec 201106,61196.873.24$21,418
Nov 20112477,03095.723.31$46,921
Oct 20111,2596,70984.983.65$131,468
Sep 20111,2786,68183.623.99$133,495
Aug 20119217,89283.404.15$109,558
Jul 20111,1478,31594.144.52$145,539
Jun 20117428,60492.904.64$108,853
May 20119988,79598.134.40$136,674
Apr 20118448,042105.964.33$124,278
Mar 20111,0409,70596.364.06$139,591
Feb 20112967,52985.644.18$56,821
Jan 20115818,27386.504.59$88,219
Dec 20106807,75185.734.35$91,996
Nov 20105318,19980.843.80$74,044
Oct 20105267,38178.103.51$66,980
Sep 20104988,13572.633.98$68,543
Aug 2010498,03573.684.42$39,120
Jul 20101197,74172.554.74$45,299
Jun 2010577,91370.364.91$42,867
May 2010628,58471.124.24$40,765
Apr 2010308,08681.694.12$35,787
Mar 2010918,77578.394.39$45,644
Feb 2010408,13173.585.44$47,195
Jan 2010248,49674.365.96$52,456
Dec 2009499,00771.445.48$52,893
Nov 2009349,20574.593.75$37,069
Oct 2009289,03872.544.11$39,180
Sep 2009378,95065.543.06$29,854
Aug 200909,60967.423.22$30,927
Jul 2009010,00261.133.46$34,652
Jun 2009011,90166.163.90$46,354
May 2009011,45354.743.93$44,962
Apr 2009013,01446.773.59$46,688
Mar 200910915,62142.144.06$67,999
Feb 200971816,63932.814.63$100,646
Jan 200995817,67335.865.37$129,276
Dec 20081,00515,43337.105.98$129,531
Nov 20084319,69155.496.86$90,400
Oct 20080275.246.92$14
Sep 200803,416101.767.88$26,908
Aug 20080286114.228.48$2,426
Jul 20080571131.0811.39$6,503
Jun 200802,667131.3313.03$34,758
May 200804,901123.1711.57$56,726
Apr 200806,466110.3110.45$67,601
Mar 200805,571101.909.66$53,839
Feb 200805,76592.538.77$50,562
Jan 200808,01790.388.21$65,785
Dec 200704,96288.337.30$36,232
Nov 200707,65691.677.29$55,825
Oct 200706,15182.856.92$42,577
Sep 200708,93375.846.24$55,779
Aug 200706,08869.066.39$38,890
Jul 200705,76870.906.39$36,846
Jun 200705,77862.007.55$43,615
May 200706,86458.747.85$53,857
Apr 200704,48559.617.81$35,006
Mar 2007465,80056.927.30$44,970
Feb 20071977,75955.108.22$74,603
Jan 20071494,64350.306.73$38,727
Dec 2006481,49556.656.92$13,062
Nov 20061706,44054.207.62$58,271
Oct 20061405,84354.906.01$42,825
Sep 20061677,00560.085.04$45,319
Aug 20061215,57568.717.34$49,234
Jul 2006754,31569.376.34$32,572
Jun 2006823,44266.286.38$27,408
May 20061417,42166.016.42$56,987
Apr 20061066,16064.397.36$52,166
Mar 20061597,07956.707.08$59,155
Feb 2006317,09457.597.75$56,772
Jan 2006115,06460.598.93$45,905
Dec 2005134,69454.9413.42$63,686
Nov 2005185,67154.6910.59$61,031
Oct 2005176,79958.3413.80$94,789
Sep 2005237,85161.4512.08$96,246
Aug 2005248,75161.519.80$87,208
Jul 2005185,61955.697.84$45,076
Jun 2005367,95952.337.38$60,630
May 2005317,83445.226.65$53,507
Apr 2005369,14749.207.36$69,098
Mar 200505,65250.377.15$40,439
Feb 200596,41945.226.31$40,923
Jan 2005409,15943.166.32$59,631
Dec 2004437,93439.866.75$55,277
Nov 2004407,54845.286.33$49,593
Oct 2004514,78949.706.52$33,736
Sep 20041036,98843.245.28$41,378
Aug 2004858,93542.375.55$53,197
Jul 20041148,25838.286.08$54,607
Jun 200436913,98136.106.43$103,261
May 20041049,76137.486.49$67,292
Apr 2004244,18234.475.86$25,327
Mar 2004428,09034.365.53$46,182
Feb 20046616,73932.455.51$94,367
Jan 2004718,20732.036.30$53,975
Dec 20038910,26030.266.30$67,348
Nov 2003314,29228.804.60$20,615
Oct 2003356,40928.174.76$31,490
Sep 2003556,34726.314.75$31,591
Aug 2003455,77929.765.13$30,984
Jul 2003406,66029.415.17$35,614
Jun 2003375,59628.565.98$34,537
May 2003405,98626.595.97$36,816
Apr 2003706,41626.675.41$36,560
Mar 2003677,01631.146.10$44,856
Feb 2003285,28433.487.93$42,818
Jan 2003155,48130.315.58$31,050
Dec 2002176,03226.914.85$29,735
Nov 2002206,22324.664.14$26,238
Oct 2002176,16626.464.23$26,527
Sep 2002154,55127.443.64$16,955
Aug 2002246,17825.963.16$20,171
Jul 2002316,81424.583.06$21,625
Jun 2002286,56923.733.34$22,593
May 2002396,59624.663.58$24,602
Apr 2002336,44023.653.51$23,400
Mar 2002417,01922.003.10$22,680
Feb 2002335,73518.222.38$14,226
Jan 2002365,44517.172.38$13,554
Dec 2001174,56316.932.36$11,077
Nov 2001244,87818.072.41$12,168
Oct 2001306,15919.782.53$16,169
Sep 2001587,53124.262.25$18,362
Aug 2001627,27524.873.05$23,754
Jul 2001345,13323.933.20$17,224
Jun 2001426,16324.563.82$24,600
May 2001505,52125.524.31$25,057
Apr 2001486,96424.685.34$38,340
Mar 2001336,46424.545.38$35,563
Feb 2001134,67027.755.77$27,293
Jan 2001185,73227.478.40$48,636
Dec 2000114,04926.889.12$37,233
Nov 2000155,00932.215.66$28,824
Oct 200003,48931.235.15$17,953
Sep 200005,94631.875.19$30,839
Aug 200008,40629.644.54$38,170
Jul 200005,83228.534.09$23,851
Jun 200007,39029.304.40$32,496
May 200008,34927.263.68$30,722
Apr 200016,39724.513.12$19,958
Mar 20007210,36228.422.86$31,679
Feb 2000669,24927.622.73$27,040
Jan 2000538,01225.272.48$21,213
Dec 19997610,97824.282.42$28,453
Nov 199920011,11323.192.43$31,687
Oct 199919610,59020.982.80$33,803
Sep 199922812,45921.752.62$37,587
Aug 19991649,98319.262.88$31,866
Jul 19991919,24317.892.37$25,345
Jun 19991979,83615.942.36$26,374
May 199924312,19115.792.32$32,133
Apr 19992229,87615.102.21$25,159
Mar 199928611,87012.471.84$25,387
Feb 19992569,8059.981.82$20,378
Jan 199929314,28910.381.90$30,190
Dec 19989312,7459.201.77$23,457
Nov 199812018,25010.892.19$41,196
Oct 1998345,51412.421.97$11,281
Sep 1998496,08112.592.08$13,281
Aug 19984712,21211.301.91$23,824
Jul 1998367,40211.742.24$16,983
Jun 1998353,78611.242.24$8,864
May 19981029,72212.622.21$22,737
Apr 199814912,83613.042.51$34,101
Mar 199812312,96512.802.31$31,516
Feb 1998949,70313.952.30$23,620
Jan 199810211,23214.702.15$25,702
Dec 19979510,81516.322.41$27,626
Nov 1997749,98018.193.09$32,167
Oct 19978211,47219.253.15$37,713
Sep 1997273,66417.742.95$11,306
Aug 19978310,98017.862.55$29,533
Jul 199712510,40317.582.25$25,572
Jun 199719912,49717.242.26$31,639
May 199721511,34018.972.31$30,257
Apr 19971416,21617.882.08$15,468
Mar 19971496,58818.951.94$15,599
Feb 19971709,21620.492.21$23,813
Jan 1997943,98923.483.54$16,327
Dec 1996735,10223.32$1,702
Nov 199612810,48521.97$2,812
Oct 199615511,73723.31$3,613
Sep 199614911,53422.22$3,311
Aug 199614211,91120.26$2,877
Jul 199613211,75019.55$2,581
Jun 199612211,42718.73$2,285
May 19963308,01819.43$6,412
Apr 199647010,28421.51$10,110
Mar 199657612,39819.38$11,163
Feb 199662310,84716.98$10,579
Jan 199675011,65617.07$12,803
Dec 199572311,20617.19$12,428
Nov 199573811,25116.00$11,808
Oct 199566410,70415.43$10,246
Sep 199541211,84016.18$6,666
Aug 199547512,18615.92$7,562
Jul 199545411,97915.24$6,919
Jun 199540710,97916.41$6,679
May 199538011,24117.56$6,673
Apr 199537511,74717.73$6,649
Mar 199522212,52316.44$3,650
Feb 199518811,00016.58$3,117
Jan 199516412,17515.92$2,611
Dec 199417412,28115.03$2,615
Nov 199416711,93515.90$2,655
Oct 199413212,56215.58$2,057
Sep 199415512,45415.29$2,370
Aug 199433512,43916.13$5,404
Jul 199433712,91017.56$5,918
Jun 199432512,18917.09$5,554
May 199435012,29615.88$5,558
Apr 199449518,30214.14$6,999
Mar 199436812,22112.46$4,585
Feb 199433312,26712.50$4,163
Jan 199418214,23012.66$2,304
Dec 199312513,41012.33$1,541
Nov 199312912,46314.49$1,869
Oct 19938413,14515.85$1,331
Sep 199312013,77115.03$1,804
Aug 199311615,35515.66$1,817
Jul 199319211,31715.46$2,968
Jun 199341817,82616.79$7,018
May 199321612,93217.68$3,819
Apr 199337313,75918.05$6,733
Mar 199317113,23618.14$3,102
Feb 199355210,23817.90$9,881
Jan 199383912,58416.93$14,204

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            16 bbl  × $106.41 =     $1,703
Gas                3,470 Mcf  × $  3.05 =    $10,569

────────────────────────────────────────────────────
Month total                                  $12,272

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/134306 is the state's own key, not one this site invented.