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 142537District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$36 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 Gas111993-09-14127741
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
CondensateDisposition11,463 bbl$300,209
GasProduction1,171,069 Mcf$3,103,892
Total$3,404,101

456,034 Mcf of this lease's gas, across 45 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 27.6399, -99.0926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63988, -99.09255 · 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
10,104 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 10,104 ft.

Completions filed
Aug 1992
1 of 1 wells

1 well

42-479342422910,104 ftAug 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 20263268106.413.05$1,136
Apr 2026361998.932.87$2,073
Mar 20261333489.753.15$2,219
Feb 2026082863.503.75$3,105
Jan 202661,21759.138.00$10,088
Dec 2025444156.664.41$2,173
Nov 2025730058.593.93$1,588
Oct 2025978659.383.30$3,132
Sep 2025590962.743.08$3,111
Aug 2025394563.933.01$3,041
Jul 2025423266.743.32$1,036
Jun 2025677866.483.13$2,833
May 2025130260.553.23$1,037
Apr 2025331062.363.54$1,285
Mar 2025130767.704.27$1,378
Feb 2025220470.884.34$1,027
Jan 2025117174.324.28$806
Dec 202438468.993.12$469
Nov 2024611769.052.20$672
Oct 202471,01271.372.28$2,808
Sep 2024764669.612.36$2,015
Aug 2024101,00675.632.06$2,832
Jul 2024420479.932.15$758
Jun 2024121,39378.082.63$4,606
May 2024521278.812.20$860
Apr 2024512884.451.66$635
Mar 2024610580.301.55$644
Feb 2024650176.091.78$1,350
Jan 2024697273.023.30$3,643
Dec 2023160871.262.61$1,659
Nov 2023212577.892.81$507
Oct 2023339685.443.09$1,479
Sep 2023223289.042.74$813
Aug 2023283480.522.67$2,390
Jul 202329074.852.64$387
Jun 2023319468.962.26$645
May 2023356170.622.23$1,461
Apr 2023911178.122.24$951
Mar 20231215072.852.39$1,233
Feb 2023633575.112.47$1,277
Jan 2023483176.533.39$3,121
Dec 202251,10176.415.73$6,690
Nov 202211,11485.005.65$6,375
Oct 202221,23087.185.86$7,387
Sep 202211,25884.888.16$10,355
Aug 202211,36694.529.13$12,562
Jul 202211,566101.587.54$11,912
Jun 202211,597115.097.98$12,855
May 20222939109.378.43$8,137
Apr 20223101104.226.84$1,003
Mar 20222116108.885.08$807
Feb 2022255291.054.86$2,864
Jan 202221,00381.844.54$4,715
Dec 2021223371.323.90$1,051
Nov 2021821777.435.24$1,756
Oct 2021520279.795.71$1,553
Sep 2021817969.865.35$1,517
Aug 20211018566.024.22$1,441
Jul 2021615370.783.98$1,034
Jun 2021813369.493.38$1,006
May 2021966963.483.02$2,590
Apr 202171,12960.362.76$3,537
Mar 2021913161.302.72$908
Feb 2021521657.805.55$1,487
Jan 20211283350.412.81$2,946
Dec 20201610544.642.68$995
Nov 20202211738.772.71$1,170
Oct 20202235336.972.48$1,688
Sep 20202850137.091.99$2,036
Aug 20204030539.982.39$2,327
Jul 20203526438.371.83$1,825
Jun 20203026034.901.69$1,486
May 202061,17816.921.81$2,239
Apr 20201450814.751.80$1,123
Mar 20201156730.341.86$1,386
Feb 20201088549.881.98$2,252
Jan 20201648757.252.09$1,936
Dec 20191367659.012.30$2,325
Nov 20191786355.302.75$3,314
Oct 2019191,51653.472.42$4,682
Sep 2019151,81055.052.66$5,635
Aug 20191467153.112.30$2,290
Jul 2019151,85856.272.46$5,415
Jun 2019122,10752.782.49$5,882
May 2019156658.482.74$1,610
Apr 201921,36662.632.75$3,883
Mar 201911,55156.803.06$4,806
Feb 201911,71650.852.79$4,842
Jan 201921,80646.033.23$5,922
Dec 201822,20246.594.19$9,310
Nov 2018118652.934.24$841
Oct 2018261561.443.40$2,213
Sep 2018129959.543.11$989
Aug 2018248059.403.07$1,591
Jul 2018241365.142.93$1,341
Jun 201822360.183.08$191
May 201833165.382.90$286
Apr 201842463.842.90$325
Mar 201868561.222.79$604
Feb 201841361.782.77$283
Jan 201865862.874.01$610
Dec 2017413057.272.92$609
Nov 2017615255.423.12$807
Oct 2017248149.292.98$1,534
Sep 2017113247.523.09$455
Aug 2017115345.373.00$505
Jul 201729043.873.09$366
Jun 2017111442.493.09$394
May 2017314745.373.26$616
Apr 2017411347.933.21$555
Mar 20171721646.772.98$1,440
Feb 20171177150.452.95$2,831
Jan 2017222,22749.413.42$8,701
Dec 2016151,95248.763.72$7,998
Nov 20162359442.492.64$2,548
Oct 20162943946.193.09$2,696
Sep 2016161,64941.553.10$5,778
Aug 2016192,14641.442.92$7,063
Jul 201691,15341.622.92$3,746
Jun 2016111,44045.352.69$4,366
May 2016221,88742.521.99$4,693
Apr 2016791,80836.561.99$6,488
Mar 2016531,73033.011.79$4,853
Feb 2016872,36826.472.06$7,190
Jan 2016692,09927.352.36$6,850
Dec 20151238332.362.00$1,155
Nov 2015017138.792.17$371
Oct 20151119543.552.43$952
Sep 20153323742.992.76$2,072
Aug 20153130840.162.87$2,130
Jul 20153850648.152.95$3,320
Jun 20153231156.152.88$2,693
May 20152625155.212.96$2,177
Apr 20152223349.822.71$1,727
Mar 2015030742.892.93$901
Feb 2015026644.662.98$792
Jan 2015035243.433.10$1,091
Dec 2014033254.693.59$1,192
Nov 2014029770.464.25$1,263
Oct 2014029478.303.90$1,147
Sep 2014035886.164.05$1,448
Aug 2014037389.394.04$1,505
Jul 201401,85696.564.18$7,757
Jun 201402,43198.164.74$11,515
May 201472,24794.734.73$11,284
Apr 2014652,13095.944.81$16,480
Mar 2014862,63795.895.06$21,581
Feb 20141582,70397.406.19$32,126
Jan 20141233,36790.404.86$27,485
Dec 2013671,70291.824.35$13,563
Nov 20133470788.853.74$5,664
Oct 20131635697.423.78$2,904
Sep 20130421104.113.72$1,565
Aug 20130555104.253.52$1,955
Jul 201302,876102.523.72$10,692
Jun 201303,08594.403.93$12,135
May 201302,62894.834.15$10,904
Apr 201301,84093.964.28$7,880
Mar 201302,22093.623.91$8,687
Feb 2013032091.233.42$1,094
Jan 2013099091.603.42$3,386
Dec 201201,95286.773.42$6,676
Nov 201201,97886.953.62$7,170
Oct 201202,33089.383.40$7,921
Sep 201202,28194.672.92$6,657
Aug 201202,31992.662.91$6,744
Jul 201202,18685.133.02$6,603
Jun 201202,36779.822.52$5,963
May 201202,26291.612.49$5,629
Apr 201202,248101.652.00$4,489
Mar 201202,350105.052.22$5,222
Feb 201201,779101.102.57$4,572
Jan 201201,88698.092.73$5,156
Dec 201102,44696.873.24$7,924
Nov 201102,57995.723.31$8,540
Oct 201102,38084.983.65$8,684
Sep 201102,52683.623.99$10,068
Aug 201102,06183.404.15$8,552
Jul 201102,47894.144.52$11,194
Jun 201102,67692.904.64$12,416
May 201102,74098.134.40$12,069
Apr 201102,599105.964.33$11,262
Mar 201102,63996.364.06$10,707
Feb 201102,54185.644.18$10,621
Jan 201102,74186.504.59$12,578
Dec 201002,92185.734.35$12,700
Nov 201002,97080.843.80$11,272
Oct 201001,88978.103.51$6,628
Sep 2010020372.633.98$808
Aug 201001,62973.684.42$7,199
Jul 201003,55472.554.74$16,833
Jun 201003,15770.364.91$15,502
May 201003,16471.124.24$13,400
Apr 201003,15881.694.12$13,019
Mar 201003,55278.394.39$15,589
Feb 201003,29573.585.44$17,933
Jan 201001,83174.365.96$10,920
Dec 200901,31271.445.48$7,195
Nov 200903,18674.593.75$11,952
Oct 200903,39472.544.11$13,950
Sep 200913,70665.543.06$11,424
Aug 200953,69067.423.22$12,213
Jul 200984,09161.133.46$14,662
Jun 200984,04966.163.90$16,300
May 200953,46254.743.93$13,865
Apr 200974,06746.773.59$14,918
Mar 200976,31342.144.06$25,919
Feb 200904,32832.814.63$20,052
Jan 200904,62835.865.37$24,857
Dec 200802,19137.105.98$13,096
Nov 200801,77255.496.86$12,157
Oct 200801,90175.246.92$13,159
Sep 200802,650101.767.88$20,874
Aug 200802,466114.228.48$20,919
Jul 200801,348131.0811.39$15,353
Jun 200803,105131.3313.03$40,466
May 200805,645123.1711.57$65,337
Apr 200807,244110.3110.45$75,735
Mar 200801,377101.909.66$13,307
Feb 2008057492.538.77$5,034
Jan 200801,20190.388.21$9,855
Dec 2007030088.337.30$2,191
Nov 200701,00291.677.29$7,306
Oct 200701,38182.856.92$9,559
Sep 200704,27475.846.24$26,688
Aug 200705,90069.066.39$37,689
Jul 2007026970.906.39$1,718
Jun 2007030362.007.55$2,287
May 2007025358.747.85$1,985
Apr 2007057359.617.81$4,472
Mar 200706,31456.927.30$46,105
Feb 2007097755.108.22$8,027
Jan 200702,03050.306.73$13,656
Dec 200602,52156.656.92$17,441
Nov 200601,89054.207.62$14,397
Oct 200641,81654.906.01$11,141
Sep 2006322,37160.085.04$13,866
Aug 2006493,21068.717.34$26,928
Jul 2006403,60869.376.34$25,659
Jun 2006214566.286.38$1,058
May 2006735966.016.42$2,769
Apr 2006272,50464.397.36$20,169
Mar 2006104,18956.707.08$30,237
Feb 200603,00557.597.75$23,292
Jan 2006023060.598.93$2,055
Dec 2005057054.9413.42$7,647
Nov 200502,15254.6910.59$22,786
Oct 200503,87158.3413.80$53,403
Sep 200502,23761.4512.08$27,021
Aug 2005034461.519.80$3,370
Jul 200501,29055.697.84$10,118
Jun 200502,05852.337.38$15,190
May 200503,10945.226.65$20,678
Apr 200503,30649.207.36$24,334
Mar 200502,83350.377.15$20,270
Feb 200503,98645.226.31$25,159
Jan 200504,62343.166.32$29,228
Dec 200405,09139.866.75$34,370
Nov 200402,58145.286.33$16,339
Oct 20040049.706.52$0
Sep 2004071743.245.28$3,789
Aug 200401,17242.375.55$6,505
Jul 200404,09338.286.08$24,903
Jun 200404,26036.106.43$27,405
May 2004086337.486.49$5,605
Apr 200403,26334.475.86$19,116
Mar 200402,26534.365.53$12,526
Feb 200401,50632.455.51$8,297
Jan 200401,65232.036.30$10,407
Dec 2003099230.266.30$6,251
Nov 200301,85628.804.60$8,529
Oct 2003337328.174.76$1,860
Sep 20031364,05426.314.75$22,832
Aug 2003591,88729.765.13$11,436
Jul 2003733,08329.415.17$18,089
Jun 2003414428.565.98$976
May 20031707,36426.595.97$48,503
Apr 200352,59826.675.41$14,181
Mar 200331,52131.146.10$9,366
Feb 200352,41733.487.93$19,324
Jan 200332,52130.315.58$14,163
Dec 200222,43826.914.85$11,887
Nov 2002024324.664.14$1,005
Oct 200232,07126.464.23$8,838
Sep 2002122,55727.443.64$9,624
Aug 2002101,43125.963.16$4,788
Jul 2002223,28424.583.06$10,596
Jun 2002182,65523.733.34$9,290
May 2002272,71924.663.58$10,411
Apr 2002202,40523.653.51$8,920
Mar 2002374,65522.003.10$15,257
Feb 2002513,09218.222.38$8,275
Jan 2002703,38917.172.38$9,253
Dec 2001292,48916.932.36$6,376
Nov 2001269,20318.072.41$22,608
Oct 2001242,30019.782.53$6,291
Sep 200142,79624.262.25$6,392
Aug 200142,56624.873.05$7,934
Jul 2001164023.933.20$2,070
Jun 2001024224.563.82$925
May 200131,35325.524.31$5,904
Apr 200152,60424.685.34$14,017
Mar 20012041724.545.38$2,733
Feb 2001432,06627.755.77$13,108
Jan 2001913,84827.478.40$34,818
Dec 2000914,35726.889.12$42,193
Nov 20001265,17032.215.66$33,310
Oct 200082,95731.235.15$15,465
Sep 2000125,60731.875.19$29,463
Aug 2000146,23629.644.54$28,731
Jul 2000116,66028.534.09$27,552
Jun 200094,83229.304.40$21,511
May 200041,55927.263.68$5,846
Apr 200073,63324.513.12$11,492
Mar 200006,68828.422.86$19,126
Feb 200002,99527.622.73$8,166
Jan 200004,60025.272.48$11,410
Dec 199905,98024.282.42$14,494
Nov 199907,11123.192.43$17,308
Oct 199902,57620.982.80$7,222
Sep 199903,20121.752.62$8,383
Aug 199901,54719.262.88$4,449
Jul 199912,19717.892.37$5,230
Jun 1999101,69015.942.36$4,151
May 1999355,31215.792.32$12,882
Apr 1999395,40215.102.21$12,517
Mar 1999425,22712.471.84$10,133
Feb 1999303,7969.981.82$7,200
Jan 1999121,94910.381.90$3,828
Dec 199802,5459.201.77$4,513
Nov 199802,34010.892.19$5,115
Oct 199801,68912.421.97$3,326
Sep 199805,98812.592.08$12,471
Aug 1998214,64511.301.91$9,097
Jul 199807,06011.742.24$15,795
Jun 199803,55011.242.24$7,942
May 199804,16412.622.21$9,187
Apr 199824,84313.042.51$12,159
Mar 1998694,26512.802.31$10,733
Feb 1998734,76913.952.30$11,983
Jan 1998845,63714.702.15$13,381
Dec 1997886,05716.322.41$16,040
Nov 1997937,26918.193.09$24,140
Oct 1997856,80119.253.15$23,058
Sep 1997797,06417.742.95$22,275
Aug 1997705,31917.862.55$14,839
Jul 19971115,77917.582.25$14,936
Jun 19971415,00717.242.26$13,733
May 19972035,97418.972.31$17,642
Apr 19972315,94817.882.08$16,519
Mar 19971865,76418.951.94$14,702
Feb 199704,80920.492.21$10,608
Jan 199706,83923.483.54$24,208
Dec 199606,04223.32$0
Nov 199602,94721.97$0
Oct 199605,17523.31$0
Sep 199605,99622.22$0
Aug 199606,37020.26$0
Jul 199606,31019.55$0
Jun 199606,50118.73$0
May 199607,26119.43$0
Apr 1996137,87021.51$280
Mar 1996848,36219.38$1,628
Feb 1996977,90716.98$1,647
Jan 19961188,59617.07$2,014
Dec 19951188,41417.19$2,028
Nov 19951268,89016.00$2,016
Oct 19951309,79915.43$2,006
Sep 199512310,24616.18$1,990
Aug 19951349,94615.92$2,133
Jul 199514410,98115.24$2,195
Jun 199514510,80516.41$2,379
May 199517415,64917.56$3,055
Apr 19951079,29617.73$1,897
Mar 19950016.44$0
Feb 199518016.58$298
Jan 199517714,95915.92$2,818
Dec 1994866,07515.03$1,293
Nov 199416413,95015.90$2,608
Oct 1994434,88515.58$670
Sep 1994659515.29$92
Aug 199476,89016.13$113
Jul 199408,71317.56$0
Jun 19940017.09$0
May 199453,12115.88$79
Apr 1994138,03614.14$184
Mar 19942924,38612.46$361
Feb 1994185,52412.50$225
Jan 19941754,19612.66$2,216
Dec 1993581,21712.33$715
Nov 199337011,19514.49$5,361
Oct 19931486,96215.85$2,346
Sep 199334512,39415.03$5,185
Aug 199335216,78315.66$5,512
Jul 199328713,42815.46$4,437
Jun 199347916,95316.79$8,042
May 199343518,73917.68$7,691
Apr 19931,04430,58418.05$18,844
Mar 199321320,09618.14$3,864
Feb 19933714,09217.90$662
Jan 199328618,89816.93$4,842

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             3 bbl  × $106.41 =       $319
Gas                  268 Mcf  × $  3.05 =       $816

────────────────────────────────────────────────────
Month total                                   $1,136

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/142537 is the state's own key, not one this site invented.