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 142099District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$982 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 Gas111992-12-22126222
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
CondensateDisposition3,732 bbl$61,201
GasProduction521,824 Mcf$920,905
Total$982,106

293,369 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 27.6203, -99.0989. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62034, -99.09893 · 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
10,000 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 10,000 ft.

Completions filed
Jul 1992
1 of 1 wells

1 well

42-479354744310,000 ftJul 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201006073.585.44$327
Jan 201005074.365.96$298
Dec 200908371.445.48$455
Nov 200904774.593.75$176
Oct 200901772.544.11$70
Sep 2009016165.543.06$493
Aug 200906467.423.22$206
Jul 200905261.133.46$180
Jun 200906966.163.90$269
May 200907454.743.93$291
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200907432.814.63$343
Jan 2009023035.865.37$1,235
Dec 200803337.105.98$197
Nov 200807255.496.86$494
Oct 2008019575.246.92$1,350
Sep 200800101.767.88$0
Aug 200801,096114.228.48$9,297
Jul 20080132131.0811.39$1,503
Jun 20080170131.3313.03$2,216
May 2008076123.1711.57$880
Apr 2008073110.3110.45$763
Mar 20080162101.909.66$1,566
Feb 2008022892.538.77$2,000
Jan 2008017290.388.21$1,411
Dec 200708188.337.30$591
Nov 200708091.677.29$583
Oct 200702482.856.92$166
Sep 200704975.846.24$306
Aug 200708569.066.39$543
Jul 200705170.906.39$326
Jun 200703262.007.55$242
May 200705058.747.85$392
Apr 2007013559.617.81$1,054
Mar 2007017356.927.30$1,263
Feb 2007014955.108.22$1,224
Jan 200701750.306.73$114
Dec 200603456.656.92$235
Nov 200606554.207.62$495
Oct 200607854.906.01$469
Sep 200627960.085.04$518
Aug 2006415868.717.34$1,435
Jul 200613869.376.34$310
Jun 200612766.286.38$239
May 2006310466.016.42$866
Apr 2006314564.397.36$1,260
Mar 200601556.707.08$106
Feb 2006116657.597.75$1,344
Jan 2006117460.598.93$1,615
Dec 2005246154.9413.42$6,294
Nov 2005367454.6910.59$7,301
Oct 200551,19858.3413.80$16,819
Sep 200571,58261.4512.08$19,539
Aug 2005131,01861.519.80$10,773
Jul 2005221,41355.697.84$12,308
Jun 2005361,25352.337.38$11,132
May 2005311,51145.226.65$11,452
Apr 2005371,55149.207.36$13,237
Mar 2005099250.377.15$7,098
Feb 20050045.226.31$0
Jan 200501,33643.166.32$8,446
Dec 200401,63739.866.75$11,052
Nov 200402,34045.286.33$14,813
Oct 200402,58449.706.52$16,835
Sep 200401,63343.245.28$8,629
Aug 200401,03542.375.55$5,745
Jul 200401,42038.286.08$8,640
Jun 200401,51736.106.43$9,759
May 200402,03537.486.49$13,216
Apr 200402,53834.475.86$14,869
Mar 200402,47334.365.53$13,676
Feb 20040032.455.51$0
Jan 200401,29932.036.30$8,183
Dec 2003098730.266.30$6,220
Nov 2003095928.804.60$4,407
Oct 200311,21928.174.76$5,830
Sep 2003281,30226.314.75$6,920
Aug 2003271,40529.765.13$8,011
Jul 2003221,47729.415.17$8,284
Jun 2003241,48328.565.98$9,558
May 2003211,46526.595.97$9,308
Apr 200331,58626.675.41$8,656
Mar 200331,92331.146.10$11,816
Feb 200321,16133.487.93$9,269
Jan 200321,80530.315.58$10,136
Dec 200222,12126.914.85$10,349
Nov 200221,87924.664.14$7,823
Oct 200231,95326.464.23$8,339
Sep 200231,48427.443.64$5,477
Aug 200241,98925.963.16$6,397
Jul 200262,41824.583.06$7,551
Jun 200273,10223.733.34$10,521
May 200251,68624.663.58$6,166
Apr 200251,96223.653.51$7,009
Mar 200232,26122.003.10$7,081
Feb 200232,07318.222.38$4,979
Jan 200231,97017.172.38$4,732
Dec 200122,18516.932.36$5,200
Nov 200132,03918.072.41$4,959
Oct 200142,70319.782.53$6,915
Sep 200182,22724.262.25$5,208
Aug 200171,50424.873.05$4,766
Jul 200151,42723.933.20$4,682
Jun 200172,04824.563.82$8,004
May 200181,70225.524.31$7,535
Apr 200192,83424.685.34$15,342
Mar 200106,29124.545.38$33,823
Feb 200108,52727.755.77$49,176
Jan 2001070027.478.40$5,879
Dec 200001,44626.889.12$13,191
Nov 200001,58732.215.66$8,979
Oct 200001,77331.235.15$9,123
Sep 200001,94331.875.19$10,077
Aug 200002,17629.644.54$9,881
Jul 200001,69828.534.09$6,944
Jun 2000031429.304.40$1,381
May 200001,88827.263.68$6,947
Apr 200001,78324.513.12$5,556
Mar 200002,09728.422.86$5,997
Feb 2000095027.622.73$2,590
Jan 200001,43025.272.48$3,547
Dec 199902,26524.282.42$5,490
Nov 199901,21523.192.43$2,957
Oct 199901,98120.982.80$5,554
Sep 199902,24321.752.62$5,874
Aug 199901,80419.262.88$5,188
Jul 199992,02817.892.37$4,972
Jun 1999831,54515.942.36$4,972
May 19991111,95315.792.32$6,286
Apr 19991482,49315.102.21$7,739
Mar 19991462,20212.471.84$5,869
Feb 19991572,2999.981.82$5,746
Jan 19991362,39410.381.90$5,960
Dec 1998612,2149.201.77$4,487
Nov 1998451,64310.892.19$4,081
Oct 1998602,13312.421.97$4,946
Sep 19981393,55612.592.08$9,156
Aug 1998821,79711.301.91$4,354
Jul 19981402,50711.742.24$7,252
Jun 1998692,16911.242.24$5,628
May 19981123,35012.622.21$8,805
Apr 199802,59613.042.51$6,504
Mar 199802,65412.802.31$6,129
Feb 199801,34813.952.30$3,099
Jan 199803,26814.702.15$7,042
Dec 199703,05116.322.41$7,356
Nov 199703,43518.193.09$10,608
Oct 199703,18719.253.15$10,038
Sep 199702,93617.742.95$8,676
Aug 199703,74217.862.55$9,560
Jul 199703,63117.582.25$8,159
Jun 199703,35917.242.26$7,582
May 199703,49818.972.31$8,075
Apr 199703,54817.882.08$7,390
Mar 199703,76818.951.94$7,307
Feb 199703,17720.492.21$7,008
Jan 199703,62523.483.54$12,831
Dec 199603,70523.32$0
Nov 199603,40121.97$0
Oct 199603,69723.31$0
Sep 199603,40622.22$0
Aug 199604,31020.26$0
Jul 199604,30819.55$0
Jun 199603,20718.73$0
May 199603,73919.43$0
Apr 199604,29021.51$0
Mar 199604,41319.38$0
Feb 199604,01516.98$0
Jan 199604,56917.07$0
Dec 199504,70017.19$0
Nov 199504,79416.00$0
Oct 199505,06315.43$0
Sep 199505,29216.18$0
Aug 199505,73815.92$0
Jul 199516,07915.24$15
Jun 199546,34616.41$66
May 199567,98417.56$105
Apr 199545,24717.73$71
Mar 199504,29316.44$0
Feb 199503,81016.58$0
Jan 199505,12915.92$0
Dec 199405,18415.03$0
Nov 199406,18115.90$0
Oct 199403,29215.58$0
Sep 199434,72815.29$46
Aug 1994594,79116.13$952
Jul 1994455,32217.56$790
Jun 1994564,46017.09$957
May 1994665,02215.88$1,048
Apr 1994835,70314.14$1,174
Mar 1994935,95412.46$1,159
Feb 19941016,53312.50$1,263
Jan 19942125,73712.66$2,684
Dec 19931696,40712.33$2,084
Nov 19931585,35814.49$2,289
Oct 19931156,35615.85$1,823
Sep 19931365,63115.03$2,044
Aug 19931348,20415.66$2,098
Jul 1993169,55815.46$247
Jun 19932710,39716.79$453
May 19931810,94817.68$318
Apr 19933210,74518.05$578
Mar 19932714,97018.14$490
Feb 199311216,51017.90$2,005
Jan 199315313,84316.93$2,590

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.

Feb 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.58 =         $0
Gas                   60 Mcf  × $  5.44 =       $327

────────────────────────────────────────────────────
Month total                                     $327

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/142099 is the state's own key, not one this site invented.