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 142848District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
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 Gas111993-09-14127753
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
CondensateDisposition24,502 bbl$508,689
GasProduction1,673,664 Mcf$3,168,734
Total$3,677,423

747,719 Mcf of this lease's gas, across 38 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 27.6371, -99.1145. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63711, -99.11454 · 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
8,774 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 8,774 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-47935546468,774 ftOct 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 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 20050352.337.38$22
May 200503845.226.65$253
Apr 2005043049.207.36$3,165
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 200402,77249.706.52$18,060
Sep 200406,44943.245.28$34,076
Aug 200407,44242.375.55$41,308
Jul 200407,33238.286.08$44,609
Jun 200408,33536.106.43$53,619
May 200407,42537.486.49$48,222
Apr 2004207,12434.475.86$42,425
Mar 20041897,40834.365.53$47,461
Feb 20041666,77232.455.51$42,698
Jan 20043607,89532.036.30$61,266
Dec 20033927,76330.266.30$60,782
Nov 20032737,51828.804.60$42,409
Oct 20032337,67828.174.76$43,108
Sep 20036377,53926.314.75$52,565
Aug 20036008,04629.765.13$59,130
Jul 20035028,66429.415.17$59,564
Jun 200331128.565.98$151
May 20032294,02626.595.97$30,135
Apr 2003632,67126.675.41$16,123
Mar 2003821,56931.146.10$12,118
Feb 2003502,09233.487.93$18,255
Jan 2003766,85130.315.58$40,546
Dec 2002574,83226.914.85$24,987
Nov 2002956,95724.664.14$31,124
Oct 2002997,99726.464.23$36,440
Sep 20021077,61427.443.64$30,614
Aug 20021358,09425.963.16$29,115
Jul 20021658,32924.583.06$29,557
Jun 20021538,07723.733.34$30,594
May 20022177,63024.663.58$32,697
Apr 20021757,93723.653.51$32,016
Mar 20021768,15222.003.10$29,165
Feb 2002577,11618.222.38$17,944
Jan 2002545,86317.172.38$14,856
Dec 2001377,49616.932.36$18,350
Nov 2001467,73818.072.41$19,445
Oct 2001548,74019.782.53$23,171
Sep 2001827,92824.262.25$19,838
Aug 20011018,15824.873.05$27,420
Jul 2001748,58723.933.20$29,224
Jun 2001808,79424.563.82$35,594
May 20011028,74425.524.31$40,266
Apr 20011008,98324.685.34$50,395
Mar 20012958,94324.545.38$55,321
Feb 20011256,98427.755.77$43,746
Jan 20011828,18227.478.40$73,718
Dec 200027016,29526.889.12$155,909
Nov 200026512,12432.215.66$77,133
Oct 200020910,09531.235.15$58,471
Sep 20001378,61431.875.19$49,043
Aug 20001458,58929.644.54$43,298
Jul 20001429,98928.534.09$44,904
Jun 20001769,63629.304.40$47,529
May 200016910,04127.263.68$41,555
Apr 2000010,03124.513.12$31,257
Mar 2000010,20828.422.86$29,192
Feb 200009,45327.622.73$25,774
Jan 2000010,42025.272.48$25,847
Dec 1999510,83724.282.42$26,387
Nov 19996610,56323.192.43$27,241
Oct 19997011,10120.982.80$32,593
Sep 19997110,89021.752.62$30,064
Aug 19996210,72619.262.88$32,038
Jul 19999311,01217.892.37$27,788
Jun 199920511,04615.942.36$29,359
May 19991899,84815.792.32$25,842
Apr 19991989,27215.102.21$23,463
Mar 199926411,30012.471.84$24,065
Feb 199925210,4189.981.82$21,453
Jan 199922211,73810.381.90$24,606
Dec 1998011,1289.201.77$19,734
Nov 1998013,65110.892.19$29,837
Oct 1998041,31912.421.97$81,366
Sep 1998018,45512.592.08$38,435
Aug 1998011,69211.301.91$22,301
Jul 1998011,15311.742.24$24,952
Jun 1998010,96211.242.24$24,525
May 1998011,71912.622.21$25,856
Apr 1998212,37713.042.51$31,035
Mar 19984812,79612.802.31$30,166
Feb 19984711,86013.952.30$27,923
Jan 19984813,06514.702.15$28,858
Dec 19975013,81616.322.41$34,128
Nov 19974213,33518.193.09$41,946
Oct 19974313,67119.253.15$43,889
Sep 19973813,63817.742.95$40,973
Aug 19974614,07017.862.55$36,767
Jul 19977014,26917.582.25$33,292
Jun 19979813,98017.242.26$33,245
May 199712314,80318.972.31$36,506
Apr 199714114,80617.882.08$33,359
Mar 199722415,49418.951.94$34,290
Feb 199772012,50520.492.21$42,338
Jan 19971,05715,40723.483.54$79,355
Dec 199699615,05823.32$23,227
Nov 199670213,22621.97$15,423
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996010,82716.98$0
Jan 1996016,24817.07$0
Dec 1995015,99417.19$0
Nov 1995015,32316.00$0
Oct 1995116,08015.43$15
Sep 19953116,72116.18$502
Aug 19952914,06415.92$462
Jul 19953014,75615.24$457
Jun 19952713,36016.41$443
May 19953217,76617.56$562
Apr 19954817,87417.73$851
Mar 199547618,00316.44$7,825
Feb 199540516,06816.58$6,715
Jan 199534217,02515.92$5,445
Dec 199438618,22615.03$5,802
Nov 199437418,09215.90$5,947
Oct 199430919,75515.58$4,814
Sep 199434519,48115.29$5,275
Aug 199447420,57216.13$7,646
Jul 199437019,17017.56$6,497
Jun 199450321,36117.09$8,596
May 199453321,89415.88$8,464
Apr 199460222,01714.14$8,512
Mar 199466422,68112.46$8,273
Feb 199458322,72512.50$7,288
Jan 19948427,28012.66$1,063
Dec 19936327,63012.33$777
Nov 199310029,50214.49$1,449
Oct 199359610,67415.85$9,447
Sep 19930015.03$0
Aug 199318015.66$282
Jul 19931377,54515.46$2,118
Jun 199342115,69616.79$7,069
May 199350829,54617.68$8,981
Apr 199384930,18018.05$15,324
Mar 199327430,91318.14$4,970
Feb 199321530,37517.90$3,849
Jan 199332534,01116.93$5,502

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.

Jun 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.33 =         $0
Gas                    3 Mcf  × $  7.38 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/142848 is the state's own key, not one this site invented.