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 141118District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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 Gas111992-06-26125553
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
CondensateDisposition3,966 bbl$111,500
GasProduction405,507 Mcf$1,108,222
Total$1,219,722

142,409 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 27.6457, -99.1173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64572, -99.11733 · 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
9,350 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 9,350 ft.

Completions filed
Mar 1992
1 of 1 wells

1 well

42-47935345409,350 ftMar 1992

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 20264707106.413.05$2,579
Apr 2026671798.932.87$2,651
Mar 20261080689.753.15$3,436
Feb 2026079563.503.75$2,982
Jan 2026460759.138.00$5,091
Dec 2025434956.664.41$1,767
Nov 2025336658.593.93$1,613
Oct 2025436759.383.30$1,450
Sep 2025237262.743.08$1,270
Aug 2025640363.933.01$1,599
Jul 2025457866.743.32$2,183
Jun 2025869866.483.13$2,716
May 2025245860.553.23$1,602
Apr 2025764162.363.54$2,708
Mar 2025273267.704.27$3,260
Feb 2025655570.884.34$2,834
Jan 2025474174.324.28$3,468
Dec 20241183468.993.12$3,362
Nov 2024598569.052.20$2,511
Oct 2024796171.372.28$2,692
Sep 2024572569.612.36$2,062
Aug 2024634775.632.06$1,170
Jul 2024144179.932.15$1,027
Jun 2024546178.082.63$1,605
May 2024358278.812.20$1,516
Apr 2024323784.451.66$647
Mar 2024435680.301.55$871
Feb 2024436476.091.78$954
Jan 2024444373.023.30$1,753
Dec 2023146071.262.61$1,272
Nov 2023242377.892.81$1,343
Oct 2023351585.443.09$1,846
Sep 2023251189.042.74$1,576
Aug 2023251380.522.67$1,532
Jul 2023234474.852.64$1,058
Jun 2023333168.962.26$954
May 2023234770.622.23$914
Apr 2023328478.122.24$870
Mar 2023325872.852.39$836
Feb 2023224075.112.47$742
Jan 2023127676.533.39$1,012
Dec 2022226476.415.73$1,665
Nov 2022228485.005.65$1,774
Oct 2022234087.185.86$2,168
Sep 2022437984.888.16$3,434
Aug 2022432994.529.13$3,381
Jul 20224337101.587.54$2,948
Jun 20222332115.097.98$2,879
May 20222352109.378.43$3,187
Apr 20222342104.226.84$2,547
Mar 20223354108.885.08$2,124
Feb 2022231991.054.86$1,732
Jan 2022236681.844.54$1,824
Dec 2021237471.323.90$1,601
Nov 2021834277.435.24$2,410
Oct 2021437879.795.71$2,479
Sep 2021734169.865.35$2,314
Aug 2021932066.024.22$1,945
Jul 2021647470.783.98$2,312
Jun 20211067769.493.38$2,984
May 20211465663.483.02$2,868
Apr 20211156560.362.76$2,222
Mar 20211468761.302.72$2,725
Feb 2021874757.805.55$4,607
Jan 20211981950.412.81$3,259
Dec 20202153444.642.68$2,366
Nov 20201855738.772.71$2,205
Oct 20201873236.972.48$2,480
Sep 20202388937.091.99$2,623
Aug 20203395139.982.39$3,588
Jul 20202842638.371.83$1,852
Jun 20202440834.901.69$1,527
May 2020546616.921.81$930
Apr 20201144814.751.80$971
Mar 2020846930.341.86$1,113
Feb 2020842849.881.98$1,247
Jan 20201144157.252.09$1,554
Dec 2019844059.012.30$1,486
Nov 2019242455.302.75$1,277
Oct 2019240753.472.42$1,091
Sep 2019235455.052.66$1,051
Aug 2019136853.112.30$901
Jul 2019243156.272.46$1,173
Jun 201929452.782.49$340
May 2019325958.482.74$885
Apr 2019635262.632.75$1,344
Mar 2019447956.803.06$1,694
Feb 2019429150.852.79$1,016
Jan 2019749346.033.23$1,914
Dec 2018539746.594.19$1,895
Nov 2018538952.934.24$1,913
Oct 2018539361.443.40$1,643
Sep 2018341259.543.11$1,459
Aug 2018542159.403.07$1,588
Jul 2018542365.142.93$1,566
Jun 2018343160.183.08$1,507
May 2018447865.382.90$1,648
Apr 2018645263.842.90$1,694
Mar 2018747561.222.79$1,752
Feb 2018641461.782.77$1,516
Jan 2018748762.874.01$2,393
Dec 201761,21657.272.92$3,896
Nov 2017967955.423.12$2,616
Oct 20171053349.292.98$2,083
Sep 2017755147.523.09$2,034
Aug 2017759545.373.00$2,105
Jul 20171157643.873.09$2,261
Jun 2017757142.493.09$2,060
May 2017563745.373.26$2,306
Apr 2017769447.933.21$2,564
Mar 2017665146.772.98$2,223
Feb 2017435250.452.95$1,241
Jan 2017740249.413.42$1,720
Dec 2016551648.763.72$2,165
Nov 2016648742.492.64$1,543
Oct 2016339946.193.09$1,372
Sep 20161641241.553.10$1,942
Aug 20161745141.442.92$2,023
Jul 2016455941.622.92$1,801
Jun 2016558845.352.69$1,806
May 2016658842.521.99$1,426
Apr 20161843436.561.99$1,522
Mar 20161657833.011.79$1,565
Feb 20162059626.472.06$1,759
Jan 20161955627.352.36$1,834
Dec 20151655232.362.00$1,623
Nov 2015066238.792.17$1,435
Oct 2015658343.552.43$1,676
Sep 20152142642.992.76$2,078
Aug 20151467940.162.87$2,513
Jul 20152062248.152.95$2,795
Jun 20153085356.152.88$4,144
May 20152057155.212.96$2,792
Apr 20151664249.822.71$2,535
Mar 2015068842.892.93$2,019
Feb 2015057444.662.98$1,708
Jan 2015066843.433.10$2,071
Dec 2014067854.693.59$2,435
Nov 2014083870.464.25$3,563
Oct 2014069878.303.90$2,723
Sep 2014059786.164.05$2,415
Aug 2014064289.394.04$2,591
Jul 2014064296.564.18$2,683
Jun 2014063698.164.74$3,013
May 2014568694.734.73$3,716
Apr 20141571895.944.81$4,892
Mar 2014872995.895.06$4,454
Feb 2014853797.406.19$4,104
Jan 2014758190.404.86$3,457
Dec 20131367691.824.35$4,137
Nov 20131370588.853.74$3,791
Oct 2013552997.423.78$2,486
Sep 20130754104.113.72$2,803
Aug 20130543104.253.52$1,913
Jul 20130327102.523.72$1,216
Jun 2013038494.403.93$1,510
May 2013045694.834.15$1,892
Apr 2013078093.964.28$3,340
Mar 2013059193.623.91$2,313
Feb 2013056991.233.42$1,946
Jan 2013062991.603.42$2,151
Dec 2012055586.773.42$1,898
Nov 2012052286.953.62$1,892
Oct 2012045089.383.40$1,530
Sep 2012045794.672.92$1,334
Aug 2012059292.662.91$1,722
Jul 2012059585.133.02$1,797
Jun 2012050679.822.52$1,275
May 2012053691.612.49$1,334
Apr 20120431101.652.00$861
Mar 20120564105.052.22$1,253
Feb 20120597101.102.57$1,534
Jan 2012049698.092.73$1,356
Dec 2011093596.873.24$3,029
Nov 2011044595.723.31$1,474
Oct 2011062884.983.65$2,291
Sep 2011057883.623.99$2,304
Aug 2011050383.404.15$2,087
Jul 2011044694.144.52$2,015
Jun 2011051092.904.64$2,366
May 2011050898.134.40$2,238
Apr 20110477105.964.33$2,067
Mar 2011050896.364.06$2,061
Feb 2011074285.644.18$3,102
Jan 2011088586.504.59$4,061
Dec 2010082485.734.35$3,583
Nov 2010074980.843.80$2,843
Oct 2010082578.103.51$2,895
Sep 201001,06872.633.98$4,250
Aug 201001,32873.684.42$5,869
Jul 2010086272.554.74$4,083
Jun 201001,11370.364.91$5,465
May 2010077871.124.24$3,295
Apr 2010070281.694.12$2,894
Mar 201001,17578.394.39$5,157
Feb 201001,30973.585.44$7,124
Jan 2010053774.365.96$3,203
Dec 2009066271.445.48$3,630
Nov 2009061674.593.75$2,311
Oct 2009084572.544.11$3,473
Sep 2009053365.543.06$1,634
Aug 2009066167.423.22$2,127
Jul 2009073561.133.46$2,546
Jun 2009063566.163.90$2,473
May 2009071354.743.93$2,799
Apr 2009068446.773.59$2,454
Mar 2009070642.144.06$2,866
Feb 2009072132.814.63$3,340
Jan 2009070835.865.37$3,803
Dec 2008077337.105.98$4,620
Nov 200801,06055.496.86$7,272
Oct 2008073075.246.92$5,053
Sep 20080701101.767.88$5,522
Aug 20080479114.228.48$4,063
Jul 20080923131.0811.39$10,512
Jun 20080588131.3313.03$7,663
May 20080570123.1711.57$6,597
Apr 20080790110.3110.45$8,259
Mar 200801,218101.909.66$11,771
Feb 2008055792.538.77$4,885
Jan 2008098990.388.21$8,115
Dec 2007076088.337.30$5,550
Nov 2007065891.677.29$4,798
Oct 2007065682.856.92$4,541
Sep 2007067475.846.24$4,209
Aug 2007080869.066.39$5,161
Jul 2007064670.906.39$4,127
Jun 2007049862.007.55$3,759
May 2007068458.747.85$5,367
Apr 2007083259.617.81$6,494
Mar 2007054156.927.30$3,950
Feb 2007076655.108.22$6,293
Jan 200702,01350.306.73$13,541
Dec 2006024956.656.92$1,723
Nov 2006075154.207.62$5,721
Oct 2006063754.906.01$3,831
Sep 2006085660.085.04$4,312
Aug 2006069868.717.34$5,123
Jul 2006072969.376.34$4,624
Jun 2006058666.286.38$3,741
May 2006065166.016.42$4,183
Apr 2006059064.397.36$4,343
Mar 2006078256.707.08$5,539
Feb 200602,25357.597.75$17,463
Jan 200602,90360.598.93$25,933
Dec 2005069054.9413.42$9,257
Nov 2005067054.6910.59$7,094
Oct 2005069958.3413.80$9,643
Sep 2005059661.4512.08$7,199
Aug 2005063061.519.80$6,172
Jul 2005053555.697.84$4,196
Jun 2005051252.337.38$3,779
May 2005051845.226.65$3,445
Apr 2005050649.207.36$3,724
Mar 2005043850.377.15$3,134
Feb 2005126245.226.31$1,699
Jan 2005246043.166.32$2,995
Dec 2004342439.866.75$2,982
Nov 2004457245.286.33$3,802
Oct 2004077649.706.52$5,056
Sep 2004049343.245.28$2,605
Aug 200401,22742.375.55$6,811
Jul 200401,22038.286.08$7,423
Jun 200401,23936.106.43$7,971
May 2004056937.486.49$3,695
Apr 2004045334.475.86$2,654
Mar 200401,15034.365.53$6,360
Feb 200401,35032.455.51$7,438
Jan 200401,30032.036.30$8,190
Dec 200301,17730.266.30$7,417
Nov 200301,09228.804.60$5,018
Oct 2003065228.174.76$3,103
Sep 2003767226.314.75$3,376
Aug 2003891529.765.13$4,932
Jul 2003111,60029.415.17$8,597
Jun 200301928.565.98$114
May 2003798226.595.97$6,051
Apr 2003181,60326.675.41$9,148
Mar 20031485131.146.10$5,624
Feb 2003211,27733.487.93$10,824
Jan 2003667930.315.58$3,972
Dec 200291,05326.914.85$5,353
Nov 2002762824.664.14$2,771
Oct 2002121,47226.464.23$6,543
Sep 2002345127.443.64$1,722
Aug 2002561625.963.16$2,079
Jul 200281,05024.583.06$3,411
Jun 2002881723.733.34$2,917
May 2002151,26424.663.58$4,900
Apr 200201,76423.653.51$6,196
Mar 2002048322.003.10$1,499
Feb 2002049618.222.38$1,178
Jan 2002076017.172.38$1,806
Dec 2001091316.932.36$2,159
Nov 200101,25118.072.41$3,009
Oct 200102,02819.782.53$5,129
Sep 200101,08424.262.25$2,440
Aug 200101,63624.873.05$4,995
Jul 200101,07423.933.20$3,434
Jun 200101,71024.563.82$6,539
May 2001088525.524.31$3,812
Apr 200101,12524.685.34$6,002
Mar 200101,19024.545.38$6,398
Feb 2001044327.755.77$2,555
Jan 200101,34527.478.40$11,296
Dec 2000043026.889.12$3,923
Nov 2000062832.215.66$3,553
Oct 200001,15031.235.15$5,917
Sep 200001,17931.875.19$6,115
Aug 200001,58929.644.54$7,215
Jul 200002,50728.534.09$10,253
Jun 2000036829.304.40$1,618
May 2000049527.263.68$1,821
Apr 200001,96524.513.12$6,123
Mar 2000053928.422.86$1,541
Feb 2000090727.622.73$2,473
Jan 2000083225.272.48$2,064
Dec 1999090924.282.42$2,203
Nov 199901,10523.192.43$2,690
Oct 199902,75820.982.80$7,733
Sep 199901,20621.752.62$3,158
Aug 1999094219.262.88$2,709
Jul 1999078617.892.37$1,865
Jun 1999060515.942.36$1,429
May 199902,10115.792.32$4,876
Apr 1999015315.102.21$338
Mar 1999074912.471.84$1,377
Feb 199901,1139.981.82$2,023
Jan 199902,00910.381.90$3,817
Dec 199801,6449.201.77$2,915
Nov 199801,75210.892.19$3,829
Oct 199801,61312.421.97$3,176
Sep 1998084312.592.08$1,756
Aug 1998083911.301.91$1,600
Jul 199801,45011.742.24$3,244
Jun 199801,47311.242.24$3,296
May 199801,31912.622.21$2,910
Apr 199811,49313.042.51$3,754
Mar 1998351,20312.802.31$3,226
Feb 1998441,70413.952.30$4,532
Jan 19981968314.702.15$1,751
Dec 1997441,92016.322.41$5,347
Nov 19972291318.193.09$3,220
Oct 1997241,20219.253.15$4,248
Sep 1997251,25617.742.95$4,155
Aug 1997351,63117.862.55$4,792
Jul 1997561,62717.582.25$4,640
Jun 1997821,77717.242.26$5,425
May 1997931,58218.972.31$5,416
Apr 19971151,73117.882.08$5,661
Mar 1997861,46918.951.94$4,478
Feb 1997281,42120.492.21$3,708
Jan 1997421,74123.483.54$7,149
Dec 1996431,95923.32$1,003
Nov 1996281,23821.97$615
Oct 1996361,49923.31$839
Sep 199601,95822.22$0
Aug 199602,66720.26$0
Jul 199602,64119.55$0
Jun 199601,28118.73$0
May 199601,56019.43$0
Apr 199601,26121.51$0
Mar 199601,34319.38$0
Feb 199601,40716.98$0
Jan 1996085717.07$0
Dec 199501,79317.19$0
Nov 199503,01416.00$0
Oct 199502,01515.43$0
Sep 199503,57016.18$0
Aug 199502,03415.92$0
Jul 199502215.24$0
Jun 199501,38116.41$0
May 199501,67717.56$0
Apr 199502,15017.73$0
Mar 199502,45016.44$0
Feb 199503,06416.58$0
Jan 199502,41915.92$0
Dec 199402,68915.03$0
Nov 199402,64515.90$0
Oct 199402,89415.58$0
Sep 199413,06615.29$15
Aug 1994153,44116.13$242
Jul 1994173,63817.56$299
Jun 1994194,38317.09$325
May 1994275,58215.88$429
Apr 1994163,59314.14$226
Mar 1994773812.46$87
Feb 1994214,46612.50$263
Jan 199472,67312.66$89
Dec 199362,83612.33$74
Nov 199352,69914.49$72
Oct 199331,80315.85$48
Sep 199394,14815.03$135
Aug 1993395,00515.66$611
Jul 19932175,01815.46$3,355
Jun 19933955,88916.79$6,632
May 19933118,06817.68$5,498
Apr 19933985,36618.05$7,184
Mar 19931606,19618.14$2,902
Feb 1993955,19217.90$1,701
Jan 19931185,12116.93$1,998

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             4 bbl  × $106.41 =       $426
Gas                  707 Mcf  × $  3.05 =     $2,153

────────────────────────────────────────────────────
Month total                                   $2,579

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/141118 is the state's own key, not one this site invented.