DAY

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 144876District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$86 k
Mar 1993 – Dec 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 Gas111993-08-19129166
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
CondensateDisposition128 bbl$2,198
GasProduction232,875 Mcf$83,426
Total$85,624

200,989 Mcf of this lease's gas, across 42 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 27.6708, -99.1197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67082, -99.11975 · 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
9,100 ft
1 wells filed one
Completion to plug
15.8 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 9,100 ft.

Completions filed
Mar 1993
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793566379,100 ftMar 1993Dec 2008Yes

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 (190)

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

190 months

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 200101118.072.41$26
Oct 200103519.782.53$89
Sep 200106124.262.25$137
Aug 200104924.873.05$150
Jul 200104823.933.20$153
Jun 200106524.563.82$249
May 2001014725.524.31$633
Apr 2001012424.685.34$662
Mar 2001091524.545.38$4,919
Feb 2001014627.755.77$842
Jan 200109827.478.40$823
Dec 200004026.889.12$365
Nov 20000032.215.66$0
Oct 2000015131.235.15$777
Sep 20000031.875.19$0
Aug 200003929.644.54$177
Jul 2000020528.534.09$838
Jun 2000019829.304.40$871
May 2000027827.263.68$1,023
Apr 2000017524.513.12$545
Mar 2000014328.422.86$409
Feb 2000029127.622.73$793
Jan 2000038425.272.48$953
Dec 1999036124.282.42$875
Nov 1999044323.192.43$1,078
Oct 1999038920.982.80$1,091
Sep 1999034321.752.62$898
Aug 1999054219.262.88$1,559
Jul 1999049917.892.37$1,184
Jun 1999061215.942.36$1,446
May 1999061515.792.32$1,427
Apr 1999048315.102.21$1,066
Mar 1999043112.471.84$792
Feb 199904459.981.82$809
Jan 1999047410.381.90$901
Dec 199805999.201.77$1,062
Nov 1998048910.892.19$1,069
Oct 1998047712.421.97$939
Sep 1998049912.592.08$1,039
Aug 1998052811.301.91$1,007
Jul 1998076211.742.24$1,705
Jun 1998071111.242.24$1,591
May 1998070912.622.21$1,564
Apr 1998078513.042.51$1,967
Mar 1998093412.802.31$2,157
Feb 1998085813.952.30$1,973
Jan 1998089614.702.15$1,931
Dec 1997093916.322.41$2,264
Nov 199701,15818.193.09$3,576
Oct 199701,19519.253.15$3,764
Sep 199701,19917.742.95$3,543
Aug 199701,16917.862.55$2,986
Jul 199701,24717.582.25$2,802
Jun 199701,16617.242.26$2,632
May 199741,20418.972.31$2,855
Apr 199721,09617.882.08$2,318
Mar 199731,36218.951.94$2,698
Feb 199741,37820.492.21$3,122
Jan 199771,28623.483.54$4,716
Dec 199631,09723.32$70
Nov 199611,38421.97$22
Oct 199621,46523.31$47
Sep 199631,77322.22$67
Aug 199611,89420.26$20
Jul 199622,01219.55$39
Jun 199621,81318.73$37
May 199611,73619.43$19
Apr 199641,74821.51$86
Mar 199611,62219.38$19
Feb 199661,68516.98$102
Jan 199642,27517.07$68
Dec 199532,40917.19$52
Nov 199522,71716.00$32
Oct 199502,86015.43$0
Sep 199552,59616.18$81
Aug 199563,25215.92$96
Jul 199573,58715.24$107
Jun 199533,95016.41$49
May 199522,43917.56$35
Apr 199511,86217.73$18
Mar 199512,31816.44$16
Feb 199512,97616.58$17
Jan 199533,26615.92$48
Dec 199434,86315.03$45
Nov 199434,48815.90$48
Oct 199425,45515.58$31
Sep 199435,47215.29$46
Aug 199436,03516.13$48
Jul 199426,98017.56$35
Jun 199437,77817.09$51
May 199448,80815.88$64
Apr 199439,28214.14$42
Mar 1994512,05712.46$62
Feb 1994711,39712.50$88
Jan 1994611,97212.66$76
Dec 1993013,72112.33$0
Nov 1993013,27214.49$0
Oct 1993015,69915.85$0
Sep 199307,21515.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 1993018818.05$0
Mar 199301,57118.14$0

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.

Nov 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 18.07 =         $0
Gas                   11 Mcf  × $  2.41 =        $26

────────────────────────────────────────────────────
Month total                                      $26

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/144876 is the state's own key, not one this site invented.