VAQUILLAS RANCH L4

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 143251District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 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 Gas111993-07-09127735
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
CondensateDisposition38,147 bbl$1,087,009
GasProduction2,088,482 Mcf$1,942,803
Total$3,029,812

1,589,258 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 27.6962, -99.1008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69619, -99.10079 · 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
9,175 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 9,175 ft.

Completions filed
Dec 1992
1 of 1 wells

1 well

42-47935608959,175 ftDec 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 20269227106.413.05$1,649
Apr 2026935698.932.87$1,912
Mar 2026040389.753.15$1,269
Feb 20261026163.503.75$1,614
Jan 2026044459.138.00$3,551
Dec 2025740056.664.41$2,162
Nov 2025030558.593.93$1,198
Oct 2025034159.383.30$1,127
Sep 2025835162.743.08$1,582
Aug 2025932263.933.01$1,546
Jul 2025021466.743.32$709
Jun 20251035066.483.13$1,760
May 2025040460.553.23$1,306
Apr 2025841462.363.54$1,966
Mar 2025639867.704.27$2,105
Feb 2025025870.884.34$1,120
Jan 2025035974.324.28$1,536
Dec 2024856168.993.12$2,303
Nov 2024846769.052.20$1,579
Oct 2024040071.372.28$913
Sep 2024936269.612.36$1,482
Aug 2024939775.632.06$1,500
Jul 2024042579.932.15$912
Jun 2024030078.082.63$790
May 2024028678.812.20$629
Apr 2024030384.451.66$503
Mar 2024026880.301.55$414
Feb 2024035176.091.78$626
Jan 2024074273.023.30$2,447
Dec 2023025871.262.61$674
Nov 2023045877.892.81$1,286
Oct 2023040585.443.09$1,250
Sep 2023039889.042.74$1,089
Aug 2023038780.522.67$1,034
Jul 2023045074.852.64$1,189
Jun 2023038668.962.26$872
May 2023019370.622.23$430
Apr 2023014378.122.24$320
Mar 2023010372.852.39$247
Feb 202302575.112.47$62
Jan 2023045176.533.39$1,528
Dec 2022031176.415.73$1,782
Nov 2022037485.005.65$2,112
Oct 2022034487.185.86$2,017
Sep 2022030484.888.16$2,482
Aug 2022038194.529.13$3,477
Jul 20220372101.587.54$2,806
Jun 20220482115.097.98$3,845
May 20220377109.378.43$3,179
Apr 20220466104.226.84$3,186
Mar 20220631108.885.08$3,203
Feb 2022035991.054.86$1,744
Jan 2022032581.844.54$1,475
Dec 2021031571.323.90$1,228
Nov 2021022277.435.24$1,163
Oct 2021034679.795.71$1,977
Sep 2021036169.865.35$1,932
Aug 2021026066.024.22$1,097
Jul 2021031070.783.98$1,234
Jun 2021033369.493.38$1,126
May 2021027663.483.02$833
Apr 2021024860.362.76$684
Mar 2021026161.302.72$709
Feb 2021043257.805.55$2,397
Jan 2021059350.412.81$1,666
Dec 202001,45544.642.68$3,893
Nov 2020079238.772.71$2,144
Oct 2020040436.972.48$1,001
Sep 2020057837.091.99$1,151
Aug 2020051439.982.39$1,226
Jul 2020035138.371.83$641
Jun 2020037534.901.69$634
May 2020040416.921.81$733
Apr 2020019314.751.80$348
Mar 2020037430.341.86$694
Feb 2020029249.881.98$578
Jan 2020032057.252.09$670
Dec 2019020359.012.30$468
Nov 2019021655.302.75$594
Oct 2019027453.472.42$663
Sep 2019022055.052.66$585
Aug 201904353.112.30$99
Jul 201905756.272.46$140
Jun 2019020352.782.49$506
May 2019026558.482.74$726
Apr 2019029062.632.75$798
Mar 2019035056.803.06$1,072
Feb 2019036350.852.79$1,014
Jan 2019040946.033.23$1,320
Dec 2018041746.594.19$1,745
Nov 2018039252.934.24$1,661
Oct 2018022661.443.40$768
Sep 2018038759.543.11$1,203
Aug 2018039859.403.07$1,220
Jul 2018022965.142.93$671
Jun 2018021160.183.08$649
May 2018026365.382.90$763
Apr 2018040963.842.90$1,186
Mar 2018031161.222.79$867
Feb 201808261.782.77$227
Jan 2018348562.874.01$2,133
Dec 20171238057.272.92$1,797
Nov 2017046455.423.12$1,447
Oct 2017038349.292.98$1,143
Sep 2017037647.523.09$1,161
Aug 2017031945.373.00$958
Jul 2017043843.873.09$1,352
Jun 2017039642.493.09$1,223
May 2017052045.373.26$1,697
Apr 2017050747.933.21$1,628
Mar 2017040846.772.98$1,217
Feb 2017046150.452.95$1,361
Jan 2017043649.413.42$1,491
Dec 2016053848.763.72$2,003
Nov 2016051342.492.64$1,357
Oct 2016040846.193.09$1,261
Sep 2016029441.553.10$912
Aug 2016033041.442.92$965
Jul 201606541.622.92$190
Jun 2016025145.352.69$674
May 2016026242.521.99$522
Apr 201608736.561.99$173
Mar 201603833.011.79$68
Feb 2016016626.472.06$343
Jan 2016052327.352.36$1,237
Dec 201524532.362.00$155
Nov 201506438.792.17$139
Oct 2015012643.552.43$306
Sep 2015121442.992.76$633
Aug 201513540.162.87$141
Jul 201506648.152.95$194
Jun 201507456.152.88$213
May 2015226555.212.96$894
Apr 2015026149.822.71$706
Mar 2015273342.892.93$2,237
Feb 201581,17944.662.98$3,866
Jan 201541,68343.433.10$5,392
Dec 2014595454.693.59$3,700
Nov 201491,15670.464.25$5,549
Oct 201493,03878.303.90$12,556
Sep 201452,67186.164.05$11,236
Aug 201443,40089.394.04$14,077
Jul 2014122,79096.564.18$12,820
Jun 201493,22998.164.74$16,179
May 2014862,30294.734.73$19,027
Apr 20143793,18595.944.81$51,678
Mar 20143733,52595.895.06$53,592
Feb 201419781697.406.19$24,240
Jan 20141984,96490.404.86$42,028
Dec 20133955,43991.824.35$59,953
Nov 20133667,01688.853.74$58,747
Oct 20132297,93097.423.78$52,280
Sep 2013778,046104.113.72$37,929
Aug 2013786,045104.253.52$29,426
Jul 20132278,409102.523.72$54,535
Jun 2013597,12794.403.93$33,603
May 20131104,38994.834.15$28,642
Apr 201323410,65293.964.28$67,605
Mar 201301,94293.623.91$7,599
Feb 2013059091.233.42$2,018
Jan 201301,03091.603.42$3,523
Dec 201204,64986.773.42$15,900
Nov 2012010,06386.953.62$36,478
Oct 2012011,64189.383.40$39,576
Sep 2012069094.672.92$2,014
Aug 2012099592.662.91$2,894
Jul 2012075185.133.02$2,269
Jun 2012079379.822.52$1,998
May 20122490991.612.49$4,461
Apr 2012323691101.652.00$34,213
Mar 2012468727105.052.22$50,779
Feb 20121661,491101.102.57$20,615
Jan 20123447,55498.092.73$54,396
Dec 201185417,54996.873.24$139,581
Nov 201127915,11795.723.31$76,763
Oct 201102,73184.983.65$9,964
Sep 2011076883.623.99$3,061
Aug 2011071083.404.15$2,946
Jul 2011068594.144.52$3,094
Jun 2011065392.904.64$3,030
May 2011080298.134.40$3,533
Apr 20110874105.964.33$3,787
Mar 2011095096.364.06$3,854
Feb 2011076785.644.18$3,206
Jan 2011096386.504.59$4,419
Dec 2010089085.734.35$3,870
Nov 2010077880.843.80$2,953
Oct 2010065178.103.51$2,284
Sep 2010067972.633.98$2,702
Aug 2010066873.684.42$2,952
Jul 2010084872.554.74$4,017
Jun 2010089270.364.91$4,380
May 2010074571.124.24$3,155
Apr 2010049581.694.12$2,041
Mar 2010086278.394.39$3,783
Feb 2010075273.585.44$4,093
Jan 2010084574.365.96$5,040
Dec 2009080571.445.48$4,414
Nov 2009072074.593.75$2,701
Oct 2009095372.544.11$3,917
Sep 200901,13465.543.06$3,475
Aug 200901,12867.423.22$3,630
Jul 200901,03861.133.46$3,596
Jun 2009057366.163.90$2,232
May 2009088354.743.93$3,466
Apr 2009095846.773.59$3,437
Mar 2009035442.144.06$1,437
Feb 2009087232.814.63$4,040
Jan 2009018935.865.37$1,015
Dec 20080537.105.98$30
Nov 2008027655.496.86$1,893
Oct 200801,27275.246.92$8,805
Sep 20080739101.767.88$5,821
Aug 20080893114.228.48$7,575
Jul 20080689131.0811.39$7,847
Jun 20080939131.3313.03$12,238
May 20080704123.1711.57$8,148
Apr 20080879110.3110.45$9,190
Mar 20080632101.909.66$6,108
Feb 2008076692.538.77$6,718
Jan 2008095790.388.21$7,853
Dec 200701,02088.337.30$7,448
Nov 2007086591.677.29$6,307
Oct 200701,18382.856.92$8,189
Sep 2007094975.846.24$5,926
Aug 200701,16269.066.39$7,423
Jul 2007073170.906.39$4,670
Jun 2007067662.007.55$5,103
May 2007086658.747.85$6,795
Apr 2007055459.617.81$4,324
Mar 2007092256.927.30$6,732
Feb 2007076655.108.22$6,293
Jan 2007079650.306.73$5,355
Dec 2006061756.656.92$4,269
Nov 2006079854.207.62$6,079
Oct 2006077554.906.01$4,661
Sep 200601,15960.085.04$5,838
Aug 200601,15168.717.34$8,448
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 2005081858.3413.80$11,285
Sep 200501,23861.4512.08$14,954
Aug 200501,26961.519.80$12,432
Jul 200501,41255.697.84$11,075
Jun 200501,37552.337.38$10,149
May 200501,52145.226.65$10,116
Apr 2005057349.207.36$4,218
Mar 200501,17050.377.15$8,371
Feb 200501,25445.226.31$7,915
Jan 200501,32343.166.32$8,364
Dec 200401,37139.866.75$9,256
Nov 200401,15745.286.33$7,324
Oct 200401,29449.706.52$8,431
Sep 200401,43143.245.28$7,561
Aug 200401,32942.375.55$7,377
Jul 200401,06238.286.08$6,461
Jun 2004010136.106.43$650
May 200401,48037.486.49$9,612
Apr 200401,26734.475.86$7,423
Mar 200401,19134.365.53$6,586
Feb 2004082832.455.51$4,562
Jan 200401,18432.036.30$7,459
Dec 2003078230.266.30$4,928
Nov 200301,39128.804.60$6,392
Oct 200301,51228.174.76$7,197
Sep 2003099826.314.75$4,740
Aug 200301,56429.765.13$8,023
Jul 200301,39729.415.17$7,224
Jun 200301,70728.565.98$10,213
May 200301,75926.595.97$10,506
Apr 200301,39226.675.41$7,527
Mar 200302,08931.146.10$12,735
Feb 200301,58533.487.93$12,563
Jan 200301,36030.315.58$7,592
Dec 200201,46426.914.85$7,106
Nov 200201,60324.664.14$6,632
Oct 200201,30626.464.23$5,523
Sep 200201,89027.443.64$6,871
Aug 200201,95525.963.16$6,186
Jul 20020024.583.06$0
Jun 200202823.733.34$93
May 200201,28724.663.58$4,613
Apr 200201,98823.653.51$6,982
Mar 200221,96322.003.10$6,135
Feb 200211,56918.222.38$3,746
Jan 200211,14717.172.38$2,742
Dec 200111,64216.932.36$3,899
Nov 200111,57318.072.41$3,802
Oct 200122,24219.782.53$5,709
Sep 200111,54724.262.25$3,507
Aug 200111,97924.873.05$6,067
Jul 200121,81723.933.20$5,857
Jun 200131,68024.563.82$6,498
May 200131,94025.524.31$8,433
Apr 200111,85824.685.34$9,938
Mar 200111,80724.545.38$9,740
Feb 2001083927.755.77$4,839
Jan 2001092427.478.40$7,760
Dec 2000077926.889.12$7,106
Nov 200001,76032.215.66$9,958
Oct 200001,33631.235.15$6,874
Sep 200002,05731.875.19$10,669
Aug 200001,83229.644.54$8,319
Jul 200001,89128.534.09$7,734
Jun 200002,13029.304.40$9,366
May 200002,16027.263.68$7,948
Apr 200002,08424.513.12$6,494
Mar 200002,02328.422.86$5,785
Feb 200001,95427.622.73$5,328
Jan 200002,00525.272.48$4,973
Dec 199901,64924.282.42$3,997
Nov 199902,02023.192.43$4,917
Oct 199901,81420.982.80$5,086
Sep 199902,00021.752.62$5,238
Aug 199902,30619.262.88$6,631
Jul 199902,20317.892.37$5,226
Jun 1999122,30115.942.36$5,626
May 1999132,34815.792.32$5,655
Apr 1999132,30215.102.21$5,279
Mar 199982,22012.471.84$4,181
Feb 1999212,1579.981.82$4,131
Jan 199903,02410.381.90$5,745
Dec 199802,3999.201.77$4,254
Nov 199802,24110.892.19$4,898
Oct 199802,69412.421.97$5,305
Sep 199802,64912.592.08$5,517
Aug 1998152,78711.301.91$5,485
Jul 1998272,73411.742.24$6,434
Jun 19983416611.242.24$754
May 19982815412.622.21$693
Apr 1998392,89113.042.51$7,751
Mar 1998302,65012.802.31$6,504
Feb 1998292,04813.952.30$5,113
Jan 1998412,53314.702.15$6,061
Dec 1997462,63516.322.41$7,104
Nov 1997452,37218.193.09$8,144
Oct 1997413,12219.253.15$10,623
Sep 1997362,66217.742.95$8,505
Aug 1997383,03117.862.55$8,422
Jul 1997473,41317.582.25$8,495
Jun 1997453,37117.242.26$8,385
May 1997483,31918.972.31$8,572
Apr 1997322,49417.882.08$5,767
Mar 1997131,02918.951.94$2,242
Feb 1997014,12620.492.21$31,161
Jan 1997028,42423.483.54$100,612
Dec 1996031,55523.32$0
Nov 1996037,06421.97$0
Oct 1996129,25723.31$280
Sep 1996823,79922.22$1,822
Aug 1996784,00920.26$1,580
Jul 1996764,17419.55$1,486
Jun 1996753,95318.73$1,405
May 1996844,08219.43$1,632
Apr 1996713,99221.51$1,527
Mar 199604,14619.38$0
Feb 199603,86016.98$0
Jan 199604,10617.07$0
Dec 199504,12517.19$0
Nov 199504,20516.00$0
Oct 199504,61615.43$0
Sep 1995114,34116.18$178
Aug 1995104,77915.92$159
Jul 1995164,12415.24$244
Jun 1995174,52916.41$279
May 1995234,97417.56$404
Apr 199514,62117.73$18
Mar 199514,61716.44$16
Feb 199514,50916.58$17
Jan 199525,03615.92$32
Dec 199403,33315.03$0
Nov 199402,37615.90$0
Oct 199425,42515.58$31
Sep 199454,19115.29$76
Aug 1994315,82116.13$500
Jul 1994315,79317.56$544
Jun 1994316,48017.09$530
May 1994324,46615.88$508
Apr 1994378,56214.14$523
Mar 1994496,96712.46$611
Feb 1994966,61712.50$1,200
Jan 199446111,56912.66$5,836
Dec 199377917,61612.33$9,605
Nov 19931,47744,91914.49$21,402
Oct 19931,59757,02115.85$25,312
Sep 19932,25570,21815.03$33,893
Aug 19931,86083,01315.66$29,128
Jul 19931,553103,25715.46$24,009
Jun 199355032,31216.79$9,235
May 19931,829142,72417.68$32,337
Apr 19932,605143,59718.05$47,020
Mar 19933,696219,41318.14$67,045
Feb 19934,088211,93717.90$73,175
Jan 19938,138223,15816.93$137,776

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             9 bbl  × $106.41 =       $958
Gas                  227 Mcf  × $  3.05 =       $691

────────────────────────────────────────────────────
Month total                                   $1,649

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/143251 is the state's own key, not one this site invented.