VAQUILLAS 2059

Operated by WESTPORT OIL AND GAS COMPANY, LP (P-5 912927) 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 141839District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$602 k
Jan 1993 – May 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
137
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 Gas111992-11-04125624
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
CondensateDisposition14,157 bbl$221,735
GasProduction1,540,465 Mcf$380,270
Total$602,005

1,380,637 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 27.6910, -99.1209. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69102, -99.12085 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,350 ft
1 wells filed one
Completion to plug
11.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,350 ft.

Completions filed
Jul 1992
1 of 1 wells
Plug dates filed
May 2004
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793548139,350 ftJul 1992May 2004Yes

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 (137)

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

137 months

May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999098323.192.43$2,393
Oct 199903,22620.982.80$9,045
Sep 199932,03421.752.62$5,392
Aug 1999181,18619.262.88$3,757
Jul 199921,32317.892.37$3,174
Jun 199951,72315.942.36$4,150
May 199921,79515.792.32$4,198
Apr 199952,82915.102.21$6,322
Mar 1999145,19812.471.84$9,730
Feb 1999313,0939.981.82$5,932
Jan 1999383,18710.381.90$6,450
Dec 1998383,3729.201.77$6,329
Nov 1998814,58210.892.19$10,897
Oct 1998353,24012.421.97$6,815
Sep 1998173,42712.592.08$7,351
Aug 199815,48911.301.91$10,481
Jul 1998535,95411.742.24$13,943
Jun 199804,51111.242.24$10,092
May 1998195,64512.622.21$12,695
Apr 1998375,48313.042.51$14,219
Mar 1998546,38812.802.31$15,444
Feb 1998555,54413.952.30$13,514
Jan 199846,42514.702.15$13,903
Dec 199706,60616.322.41$15,928
Nov 199705,82118.193.09$17,977
Oct 199706,42519.253.15$20,238
Sep 199705,93517.742.95$17,537
Aug 199707,27917.862.55$18,596
Jul 199708,69417.582.25$19,535
Jun 199702,31617.242.26$5,228
May 199702,77518.972.31$6,406
Apr 199705,76717.882.08$12,011
Mar 199749,09118.951.94$17,705
Feb 199793,71520.492.21$8,379
Jan 199798,76723.483.54$31,244
Dec 1996119,42223.32$257
Nov 199627,51721.97$44
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 199633,86819.43$58
Apr 1996513,19721.51$108
Mar 1996714,10519.38$136
Feb 1996615,22816.98$102
Jan 1996719,08017.07$119
Dec 1995920,39717.19$155
Nov 1995417,09916.00$64
Oct 199552,63815.43$77
Sep 199542,80316.18$65
Aug 199555,24815.92$80
Jul 1995352915.24$46
Jun 1995710,75416.41$115
May 19951413,50817.56$246
Apr 19951312,47017.73$230
Mar 19952715,85716.44$444
Feb 199511419,88116.58$1,890
Jan 199528520,67715.92$4,537
Dec 199426918,06115.03$4,043
Nov 199419721,96715.90$3,132
Oct 199423424,48915.58$3,646
Sep 199432121,31615.29$4,908
Aug 199428227,49316.13$4,549
Jul 199438228,65917.56$6,708
Jun 199419528,51517.09$3,333
May 199424331,44115.88$3,859
Apr 199430335,02614.14$4,284
Mar 199435238,53212.46$4,386
Feb 199434835,02012.50$4,350
Jan 199443140,45012.66$5,456
Dec 199351345,50812.33$6,325
Nov 199377449,78614.49$11,215
Oct 19931,01949,70815.85$16,151
Sep 19931,14742,49515.03$17,239
Aug 19931,77354,48515.66$27,765
Jul 199328764,34215.46$4,437
Jun 199329769,30516.79$4,987
May 199331876,40417.68$5,622
Apr 199331575,32318.05$5,686
Mar 199366181,71218.14$11,991
Feb 19931,02789,43417.90$18,383
Jan 19931,404106,88816.93$23,770

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.

Nov 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.19 =         $0
Gas                  983 Mcf  × $  2.43 =     $2,393

────────────────────────────────────────────────────
Month total                                   $2,393

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/141839 is the state's own key, not one this site invented.