VAQUILLAS A5

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 142792District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Aug 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
284
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 Gas111993-09-14127744
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
CondensateDisposition45,170 bbl$747,361
GasProduction2,931,925 Mcf$364,009
Total$1,111,370

2,787,752 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 27.7031, -99.1001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.70312, -99.10007 · 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
9,380 ft
1 wells filed one
Completion to plug
22.0 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 9,380 ft.

Completions filed
Oct 1992
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479355901019,380 ftOct 1992Oct 2014Yes

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 (284)

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

284 months

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 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
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 20010425.524.31$17
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200101427.478.40$118
Dec 20000026.889.12$0
Nov 200004632.215.66$260
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200002028.534.09$82
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 1999019324.282.42$468
Nov 1999037323.192.43$908
Oct 199901620.982.80$45
Sep 19990421.752.62$10
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990415.942.36$9
May 199903315.792.32$77
Apr 199901115.102.21$24
Mar 19990412.471.84$7
Feb 19990179.981.82$31
Jan 19990010.381.90$0
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 1998181412.421.97$251
Sep 1998203212.592.08$318
Aug 199807011.301.91$134
Jul 1998123011.742.24$526
Jun 199832311.242.24$85
May 199833712.622.21$119
Apr 1998584413.042.51$2,180
Mar 1998493112.802.31$2,201
Feb 199871,07513.952.30$2,569
Jan 1998322,98714.702.15$6,907
Dec 1997628,94716.322.41$22,584
Nov 19977910,93018.193.09$35,192
Oct 19976312,81019.253.15$41,562
Sep 1997448,15917.742.95$24,889
Aug 19974910,52117.862.55$27,754
Jul 1997549,67017.582.25$22,677
Jun 19976110,66617.242.26$25,127
May 19978013,40918.972.31$32,472
Apr 19978114,02517.882.08$30,659
Mar 19977014,20918.951.94$28,880
Feb 1997512,50720.492.21$27,692
Jan 1997411,33623.483.54$40,220
Dec 1996614,99023.32$140
Nov 1996615,83421.97$132
Oct 1996212,95723.31$47
Sep 1996013,04622.22$0
Aug 1996015,09220.26$0
Jul 1996014,27119.55$0
Jun 1996015,51118.73$0
May 1996017,67619.43$0
Apr 199609,55921.51$0
Mar 1996022,13319.38$0
Feb 199608,68616.98$0
Jan 1996015,78217.07$0
Dec 1995025,36217.19$0
Nov 1995024,03616.00$0
Oct 1995122,62315.43$15
Sep 19951327,77116.18$210
Aug 19951529,11315.92$239
Jul 19951717,77015.24$259
Jun 19952526,88916.41$410
May 19954234,40217.56$738
Apr 199511433,78317.73$2,021
Mar 199521338,55916.44$3,502
Feb 199520737,11216.58$3,432
Jan 199526244,35915.92$4,171
Dec 199419332,38015.03$2,901
Nov 199420121,82315.90$3,196
Oct 199448051,19615.58$7,478
Sep 199439738,93815.29$6,070
Aug 199439060,93916.13$6,291
Jul 199442057,83917.56$7,375
Jun 199440764,30917.09$6,956
May 199462683,39815.88$9,941
Apr 199431863,12714.14$4,497
Mar 199439045,89112.46$4,859
Feb 199442839,88912.50$5,350
Jan 19941,34760,52312.66$17,053
Dec 19931,46563,18712.33$18,063
Nov 19931,54678,45314.49$22,402
Oct 19931,56892,68415.85$24,853
Sep 19931,95798,27715.03$29,414
Aug 19931,943114,59015.66$30,427
Jul 19933,068130,49315.46$47,431
Jun 19933,193138,15516.79$53,610
May 19934,140143,22117.68$73,195
Apr 19934,562174,99718.05$82,344
Mar 19935,044203,46618.14$91,498
Feb 19934,461165,90317.90$79,852
Jan 19934,958226,75816.93$83,939

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 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 25.52 =         $0
Gas                    4 Mcf  × $  4.31 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/142792 is the state's own key, not one this site invented.