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 140594District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$611
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 Gas111992-08-02125213
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
CondensateDisposition7,833 bbl$443,357
GasProduction1,804,632 Mcf$5,465,627
Total$5,908,985

612,972 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 27.6408, -99.0819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64082, -99.08186 · 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
10,239 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 10,239 ft.

Completions filed
Dec 1991
1 of 1 wells

1 well

42-47932665510,239 ftDec 1991

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 20250756.664.41$31
Nov 20250958.593.93$35
Oct 202502859.383.30$93
Sep 202501462.743.08$43
Aug 202501863.933.01$54
Jul 202503366.743.32$109
Jun 202515266.483.13$229
May 202506960.553.23$223
Apr 202507562.363.54$266
Mar 202502367.704.27$98
Feb 202501970.884.34$82
Jan 202501674.324.28$68
Dec 202403268.993.12$100
Nov 202402569.052.20$55
Oct 202402471.372.28$55
Sep 202404969.612.36$116
Aug 202415775.632.06$193
Jul 202405479.932.15$116
Jun 202405978.082.63$155
May 202416778.812.20$226
Apr 202417084.451.66$201
Mar 202417680.301.55$198
Feb 202417276.091.78$205
Jan 202417873.023.30$330
Dec 202318371.262.61$288
Nov 202318777.892.81$322
Oct 202319685.443.09$382
Sep 202317789.042.74$300
Aug 202311080.522.67$107
Jul 202312174.852.64$130
Jun 20231768.962.26$85
May 202311070.622.23$93
Apr 202375678.122.24$672
Mar 202396872.852.39$818
Feb 20235175.112.47$378
Jan 202349576.533.39$628
Dec 2022710876.415.73$1,154
Nov 2022113785.005.65$1,144
Oct 202268087.185.86$992
Sep 20221420284.888.16$2,837
Aug 20221316494.529.13$2,726
Jul 20221246101.587.54$1,566
Jun 20224123115.097.98$1,442
May 2022182109.378.43$801
Apr 2022110104.226.84$173
Mar 202223108.885.08$233
Feb 202211591.054.86$164
Jan 2022121581.844.54$1,057
Dec 2021122171.323.90$933
Nov 2021322877.435.24$1,426
Oct 2021222579.795.71$1,445
Sep 2021324869.865.35$1,537
Aug 2021437966.024.22$1,864
Jul 2021211870.783.98$611
Jun 2021234169.493.38$1,292
May 2021034563.483.02$1,041
Apr 2021046060.362.76$1,269
Mar 202104361.302.72$117
Feb 2021040257.805.55$2,230
Jan 2021210050.412.81$382
Dec 202092744.642.68$474
Nov 20202530738.772.71$1,800
Oct 20202656436.972.48$2,359
Sep 20203315737.091.99$1,537
Aug 20204735339.982.39$2,721
Jul 20203918338.371.83$1,830
Jun 20202934334.901.69$1,592
May 2020227316.921.81$529
Apr 2020425514.751.80$519
Mar 2020326230.341.86$577
Feb 2020311349.881.98$373
Jan 202046557.252.09$365
Dec 20193459.012.30$186
Nov 201912955.302.75$135
Oct 20191153.472.42$56
Sep 20191155.052.66$58
Aug 201919053.112.30$261
Jul 201921056.272.46$137
Jun 20191152.782.49$55
May 20192258.482.74$122
Apr 201944662.632.75$377
Mar 201921056.803.06$144
Feb 201933450.852.79$247
Jan 201956246.033.23$430
Dec 2018310046.594.19$558
Nov 2018116052.934.24$731
Oct 20181061.443.40$61
Sep 20182259.543.11$125
Aug 201836059.403.07$362
Jul 2018312765.142.93$568
Jun 2018212360.183.08$499
May 2018218165.382.90$656
Apr 2018318963.842.90$740
Mar 2018318161.222.79$688
Feb 2018322261.782.77$799
Jan 2018327062.874.01$1,271
Dec 2017325457.272.92$914
Nov 2017412555.423.12$611
Oct 2017627449.292.98$1,113
Sep 2017429247.523.09$1,092
Aug 2017430045.373.00$1,083
Jul 2017634743.873.09$1,335
Jun 2017435942.493.09$1,278
May 2017539945.373.26$1,529
Apr 2017540447.933.21$1,537
Mar 20171052446.772.98$2,031
Feb 2017636050.452.95$1,366
Jan 20171338949.413.42$1,972
Dec 20161075748.763.72$3,306
Nov 20161630842.492.64$1,494
Oct 20162634346.193.09$2,261
Sep 20161638941.553.10$1,871
Aug 20161748041.442.92$2,108
Jul 2016347641.622.92$1,517
Jun 2016347545.352.69$1,412
May 2016560842.521.99$1,423
Apr 20161056636.561.99$1,493
Mar 2016758233.011.79$1,275
Feb 20161175726.472.06$1,853
Jan 20161270027.352.36$1,983
Dec 20151295632.362.00$2,302
Nov 2015086238.792.17$1,868
Oct 2015686843.552.43$2,368
Sep 20151597542.992.76$3,334
Aug 201581,23340.162.87$3,863
Jul 2015101,22948.152.95$4,101
Jun 2015131,22556.152.88$4,261
May 2015161,46755.212.96$5,219
Apr 2015161,77149.822.71$5,590
Mar 201501,93042.892.93$5,664
Feb 201501,41244.662.98$4,202
Jan 201501,69443.433.10$5,252
Dec 201401,80254.693.59$6,472
Nov 201401,03470.464.25$4,396
Oct 2014061378.303.90$2,391
Sep 2014040586.164.05$1,638
Aug 2014057189.394.04$2,304
Jul 2014065096.564.18$2,717
Jun 2014063298.164.74$2,994
May 2014775494.734.73$4,227
Apr 2014141,08995.944.81$6,580
Mar 20142095.895.06$192
Feb 20141675797.406.19$6,246
Jan 20141191090.404.86$5,418
Dec 20131589291.824.35$5,262
Nov 2013211,05888.853.74$5,821
Oct 20131170397.423.78$3,729
Sep 201301,024104.113.72$3,807
Aug 20130767104.253.52$2,702
Jul 20130904102.523.72$3,361
Jun 201301,10194.403.93$4,331
May 201301,18594.834.15$4,917
Apr 201301,41393.964.28$6,051
Mar 201301,48293.623.91$5,799
Feb 201301,25591.233.42$4,292
Jan 201301,09991.603.42$3,758
Dec 201201,08686.773.42$3,714
Nov 201201,20486.953.62$4,364
Oct 201201,67989.383.40$5,708
Sep 201202,08394.672.92$6,079
Aug 201202,23592.662.91$6,500
Jul 201202,24585.133.02$6,782
Jun 201202,33779.822.52$5,887
May 201202,20791.612.49$5,492
Apr 201201,642101.652.00$3,279
Mar 20122012,115105.052.22$25,815
Feb 20126262,359101.102.57$69,352
Jan 20126132,48298.092.73$66,915
Dec 20119532,57896.873.24$100,669
Nov 20114512,38995.723.31$51,080
Oct 20112221,93384.983.65$25,918
Sep 201101,56783.623.99$6,246
Aug 201101,72083.404.15$7,137
Jul 201101,80494.144.52$8,149
Jun 201101,82392.904.64$8,459
May 201101,98198.134.40$8,726
Apr 201101,887105.964.33$8,177
Mar 201102,03596.364.06$8,257
Feb 201101,96285.644.18$8,201
Jan 201102,18986.504.59$10,045
Dec 201002,07385.734.35$9,013
Nov 201002,24280.843.80$8,509
Oct 201002,06178.103.51$7,232
Sep 201001,93172.633.98$7,684
Aug 201002,30673.684.42$10,191
Jul 201002,57472.554.74$12,192
Jun 201002,89570.364.91$14,216
May 201002,92771.124.24$12,396
Apr 201002,74481.694.12$11,313
Mar 201002,56178.394.39$11,239
Feb 201002,56273.585.44$13,943
Jan 201003,38374.365.96$20,177
Dec 200903,34171.445.48$18,321
Nov 200903,32374.593.75$12,466
Oct 200903,49372.544.11$14,357
Sep 200903,36865.543.06$10,322
Aug 200903,32867.423.22$10,711
Jul 200902,92861.133.46$10,144
Jun 200903,37066.163.90$13,126
May 200903,59054.743.93$14,093
Apr 200903,64846.773.59$13,087
Mar 200903,47242.144.06$14,093
Feb 200903,56032.814.63$16,493
Jan 200904,30335.865.37$23,111
Dec 200804,16237.105.98$24,877
Nov 200803,84455.496.86$26,371
Oct 200803,87275.246.92$26,802
Sep 200802,920101.767.88$23,001
Aug 200802,962114.228.48$25,127
Jul 200803,405131.0811.39$38,781
Jun 200803,769131.3313.03$49,120
May 200803,626123.1711.57$41,968
Apr 200803,817110.3110.45$39,906
Mar 200804,213101.909.66$40,715
Feb 200804,13092.538.77$36,223
Jan 200804,49190.388.21$36,852
Dec 200704,59388.337.30$33,538
Nov 200705,04991.677.29$36,816
Oct 200705,32282.856.92$36,839
Sep 200705,14875.846.24$32,145
Aug 200705,39269.066.39$34,444
Jul 200705,18570.906.39$33,121
Jun 200705,51162.007.55$41,600
May 200705,34358.747.85$41,923
Apr 200705,43259.617.81$42,398
Mar 200705,64556.927.30$41,220
Feb 200704,81255.108.22$39,535
Jan 200705,38650.306.73$36,231
Dec 200606,85456.656.92$47,419
Nov 200605,05154.207.62$38,476
Oct 200606,15254.906.01$36,997
Sep 200606,02460.085.04$30,344
Aug 200605,67968.717.34$41,683
Jul 200605,14569.376.34$32,634
Jun 200604,77466.286.38$30,477
May 200605,28466.016.42$33,950
Apr 200605,37864.397.36$39,585
Mar 200605,66056.707.08$40,089
Feb 200604,99957.597.75$38,748
Jan 200605,71860.598.93$51,081
Dec 200505,75554.9413.42$77,206
Nov 200505,46154.6910.59$57,823
Oct 200506,31858.3413.80$87,162
Sep 2005206,79361.4512.08$83,282
Aug 2005186,86261.519.80$68,333
Jul 2005237,38955.697.84$59,238
Jun 2005316,93152.337.38$52,780
May 2005287,12945.226.65$48,682
Apr 2005326,89849.207.36$52,347
Mar 200507,34450.377.15$52,545
Feb 200596,83045.226.31$43,517
Jan 2005417,64143.166.32$50,077
Dec 2004527,97339.866.75$55,899
Nov 2004447,86345.286.33$51,768
Oct 2004337,90849.706.52$53,162
Sep 2004437,19743.245.28$39,888
Aug 2004317,89542.375.55$45,136
Jul 2004346,10438.286.08$38,439
Jun 2004978,65236.106.43$59,160
May 2004377,34737.486.49$49,102
Apr 2004387,15734.475.86$43,239
Mar 2004357,32134.365.53$41,689
Feb 2004307,06732.455.51$39,910
Jan 2004465,70732.036.30$37,425
Dec 2003252,68030.266.30$17,645
Nov 2003182,56028.804.60$12,282
Oct 2003234,19228.174.76$20,600
Sep 2003254,15426.314.75$20,387
Aug 2003244,54029.765.13$24,003
Jul 2003225,27329.415.17$27,913
Jun 2003286,17928.565.98$37,768
May 2003276,35926.595.97$38,698
Apr 2003435,98726.675.41$33,520
Mar 2003436,66631.146.10$41,975
Feb 2003405,61933.487.93$45,875
Jan 2003226,14030.315.58$34,941
Dec 2002277,46126.914.85$36,940
Nov 2002317,28524.664.14$30,902
Oct 2002217,73926.464.23$33,285
Sep 2002227,22327.443.64$26,861
Aug 2002287,49525.963.16$24,442
Jul 2002368,32124.583.06$26,362
Jun 2002327,84423.733.34$26,945
May 2002427,27624.663.58$27,113
Apr 2002217,15923.653.51$25,641
Mar 2002196,28122.003.10$19,906
Feb 2002206,51418.222.38$15,840
Jan 2002216,18417.172.38$15,052
Dec 2001126,28716.932.36$15,068
Nov 2001156,83418.072.41$16,710
Oct 2001207,20719.782.53$18,621
Sep 2001466,65524.262.25$16,098
Aug 2001587,20624.873.05$23,444
Jul 2001417,09023.933.20$23,648
Jun 2001447,28324.563.82$28,932
May 2001567,24125.524.31$32,618
Apr 2001467,18124.685.34$39,448
Mar 2001607,70424.545.38$42,892
Feb 2001266,65827.755.77$39,119
Jan 2001357,43527.478.40$63,406
Dec 2000307,57726.889.12$69,928
Nov 2000377,08632.215.66$41,284
Oct 2000347,78531.235.15$41,120
Sep 2000268,06431.875.19$42,653
Aug 2000297,92029.644.54$36,822
Jul 2000248,57428.534.09$35,750
Jun 2000308,01529.304.40$36,123
May 2000298,06427.263.68$30,464
Apr 2000268,11524.513.12$25,924
Mar 200007,91828.422.86$22,644
Feb 200007,40827.622.73$20,198
Jan 200008,26625.272.48$20,504
Dec 199908,74924.282.42$21,205
Nov 199908,62823.192.43$21,000
Oct 199908,79820.982.80$24,667
Sep 199908,39021.752.62$21,972
Aug 199908,27319.262.88$23,790
Jul 199908,53917.892.37$20,258
Jun 199908,54915.942.36$20,194
May 1999010,47015.792.32$24,301
Apr 199908,48115.102.21$18,726
Mar 199908,60912.471.84$15,826
Feb 199908,1569.981.82$14,826
Jan 199909,72410.381.90$18,475
Dec 199809,2269.201.77$16,361
Nov 199809,79410.892.19$21,407
Oct 1998010,35412.421.97$20,389
Sep 199888,94812.592.08$18,736
Aug 199819,33811.301.91$17,822
Jul 1998118,97511.742.24$20,209
Jun 199809,53211.242.24$21,326
May 1998011,76212.622.21$25,951
Apr 1998010,96413.042.51$27,468
Mar 1998711,06212.802.31$25,637
Feb 199869,44213.952.30$21,792
Jan 1998510,16514.702.15$21,977
Dec 1997610,23216.322.41$24,768
Nov 199709,38918.193.09$28,996
Oct 1997010,00919.253.15$31,527
Sep 1997010,04817.742.95$29,691
Aug 1997010,03017.862.55$25,624
Jul 1997010,50617.582.25$23,606
Jun 199708,73717.242.26$19,721
May 1997010,14318.972.31$23,415
Apr 199709,63717.882.08$20,072
Mar 1997010,09718.951.94$19,580
Feb 199708,71220.492.21$19,218
Jan 199729,84323.483.54$34,888
Dec 19962310,21223.32$536
Nov 1996209,65921.97$439
Oct 19962510,14523.31$583
Sep 19962410,18922.22$533
Aug 19962310,86720.26$466
Jul 19962110,77719.55$411
Jun 19961810,20218.73$337
May 19963010,63319.43$583
Apr 199613510,03321.51$2,904
Mar 199614710,28219.38$2,849
Feb 199617610,24616.98$2,988
Jan 199620310,53117.07$3,465
Dec 199520310,53717.19$3,490
Nov 199520310,24816.00$3,248
Oct 199520511,35315.43$3,163
Sep 1995011,55716.18$0
Aug 1995011,93515.92$0
Jul 1995012,61615.24$0
Jun 1995012,86816.41$0
May 1995012,58017.56$0
Apr 1995012,48417.73$0
Mar 1995015,79316.44$0
Feb 1995015,64116.58$0
Jan 1995013,65015.92$0
Dec 1994014,89715.03$0
Nov 1994013,95415.90$0
Oct 1994014,57415.58$0
Sep 1994115,89815.29$15
Aug 19941013,55216.13$161
Jul 1994314,37517.56$53
Jun 19941115,60117.09$188
May 19941114,13915.88$175
Apr 19941311,93914.14$184
Mar 19941111,91012.46$137
Feb 19941112,85812.50$138
Jan 1994013,09112.66$0
Dec 1993011,58512.33$0
Nov 1993012,22314.49$0
Oct 1993012,66815.85$0
Sep 1993013,47615.03$0
Aug 1993013,71215.66$0
Jul 199307,87615.46$0
Jun 1993012,48816.79$0
May 1993014,84417.68$0
Apr 1993016,22918.05$0
Mar 19931018,04518.14$181
Feb 19939716,26317.90$1,736
Jan 199317121,73716.93$2,895

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    2 Mcf  × $  8.00 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/140594 is the state's own key, not one this site invented.