VAQUILLAS RANCH

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 145357District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
May 1993 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
397
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 Gas111994-05-05129247
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
CondensateDisposition685 bbl$24,374
GasProduction3,330,771 Mcf$6,861,988
Total$6,886,362

1,788,329 Mcf of this lease's gas, across 44 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 27.5486, -99.0491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54856, -99.04910 · 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
12,000 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 12,000 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-479357221012,000 ftMar 1998

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 (397)

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

397 months

May 20261664106.413.05$2,129
Apr 20267063698.932.87$8,750
Mar 2026158489.753.15$1,929
Feb 2026153463.503.75$2,066
Jan 2026162159.138.00$5,026
Dec 2025062756.664.41$2,767
Nov 2025159858.593.93$2,407
Oct 2025160859.383.30$2,069
Sep 2025158262.743.08$1,854
Aug 2025156463.933.01$1,764
Jul 2025364966.743.32$2,352
Jun 2025160266.483.13$1,950
May 2025263460.553.23$2,170
Apr 2025161962.363.54$2,256
Mar 2025163367.704.27$2,770
Feb 2025160270.884.34$2,684
Jan 2025165674.324.28$2,881
Dec 2024061968.993.12$1,932
Nov 2024151869.052.20$1,208
Oct 2024151771.372.28$1,251
Sep 2024259169.612.36$1,537
Aug 2024059875.632.06$1,234
Jul 2024162279.932.15$1,415
Jun 2024148178.082.63$1,345
May 2024046178.812.20$1,013
Apr 2024162384.451.66$1,118
Mar 2024066780.301.55$1,031
Feb 2024162876.091.78$1,196
Jan 2024171573.023.30$2,431
Dec 2023171271.262.61$1,930
Nov 2023464277.892.81$2,114
Oct 2023160785.443.09$1,959
Sep 2023159889.042.74$1,725
Aug 2023165180.522.67$1,821
Jul 2023277274.852.64$2,189
Jun 2023278268.962.26$1,904
May 2023260570.622.23$1,489
Apr 2023162078.122.24$1,466
Mar 2023284772.852.39$2,173
Feb 2023177775.112.47$1,991
Jan 2023588176.533.39$3,367
Dec 2022088976.415.73$5,093
Nov 202211,32485.005.65$7,561
Oct 202241,25887.185.86$7,725
Sep 202231,25884.888.16$10,525
Aug 202231,26694.529.13$11,839
Jul 202241,455101.587.54$11,380
Jun 202221,748115.097.98$14,174
May 202241,319109.378.43$11,561
Apr 202231,359104.226.84$9,605
Mar 202251,735108.885.08$9,352
Feb 202242,29791.054.86$11,525
Jan 202273,68581.844.54$17,294
Dec 202127,31671.323.90$28,669
Nov 2021012177.435.24$634
Oct 2021056179.795.71$3,205
Sep 2021050669.865.35$2,708
Aug 2021062166.024.22$2,621
Jul 2021044570.783.98$1,772
Jun 2021051569.493.38$1,741
May 2021058863.483.02$1,774
Apr 2021050660.362.76$1,396
Mar 2021053861.302.72$1,462
Feb 2021046757.805.55$2,591
Jan 2021053650.412.81$1,506
Dec 2020053844.642.68$1,439
Nov 2020042038.772.71$1,137
Oct 2020035836.972.48$887
Sep 2020035937.091.99$715
Aug 2020040939.982.39$976
Jul 2020036338.371.83$663
Jun 2020026034.901.69$439
May 2020031616.921.81$573
Apr 2020030214.751.80$545
Mar 2020042630.341.86$791
Feb 2020042149.881.98$834
Jan 2020052057.252.09$1,089
Dec 201901,08459.012.30$2,498
Nov 201901,13155.302.75$3,111
Oct 2019017353.472.42$418
Sep 2019053855.052.66$1,430
Aug 2019038253.112.30$880
Jul 2019029856.272.46$733
Jun 2019051352.782.49$1,278
May 2019060258.482.74$1,650
Apr 2019062062.632.75$1,705
Mar 2019044356.803.06$1,357
Feb 2019051950.852.79$1,449
Jan 2019052846.033.23$1,704
Dec 2018072946.594.19$3,051
Nov 2018017752.934.24$750
Oct 2018054661.443.40$1,855
Sep 2018052359.543.11$1,625
Aug 2018056859.403.07$1,742
Jul 2018058565.142.93$1,715
Jun 2018059760.183.08$1,837
May 2018062665.382.90$1,816
Apr 2018057163.842.90$1,656
Mar 2018056661.222.79$1,577
Feb 2018059961.782.77$1,657
Jan 2018070262.874.01$2,815
Dec 2017058157.272.92$1,697
Nov 2017063555.423.12$1,980
Oct 2017074849.292.98$2,232
Sep 2017098347.523.09$3,035
Aug 201701,39845.373.00$4,200
Jul 2017052743.873.09$1,627
Jun 2017050442.493.09$1,556
May 2017057045.373.26$1,860
Apr 2017062047.933.21$1,991
Mar 2017070346.772.98$2,098
Feb 2017034650.452.95$1,022
Jan 2017057649.413.42$1,969
Dec 2016068448.763.72$2,546
Nov 2016054542.492.64$1,441
Oct 2016059946.193.09$1,851
Sep 2016058241.553.10$1,805
Aug 2016062341.442.92$1,822
Jul 2016061841.622.92$1,807
Jun 2016077545.352.69$2,082
May 2016054042.521.99$1,075
Apr 2016080336.561.99$1,599
Mar 2016088733.011.79$1,591
Feb 2016074126.472.06$1,529
Jan 201601,03727.352.36$2,452
Dec 2015066032.362.00$1,321
Nov 2015066338.792.17$1,437
Oct 2015063443.552.43$1,538
Sep 2015071342.992.76$1,967
Aug 201501,31840.162.87$3,786
Jul 2015081748.152.95$2,406
Jun 2015045456.152.88$1,309
May 2015055655.212.96$1,643
Apr 2015050749.822.71$1,372
Mar 2015058042.892.93$1,702
Feb 2015080044.662.98$2,381
Jan 2015073643.433.10$2,282
Dec 2014086754.693.59$3,114
Nov 2014066370.464.25$2,819
Oct 2014067178.303.90$2,618
Sep 2014084186.164.05$3,402
Aug 2014078289.394.04$3,155
Jul 2014069796.564.18$2,913
Jun 2014079198.164.74$3,747
May 2014092694.734.73$4,377
Apr 201401,12395.944.81$5,401
Mar 2014072695.895.06$3,671
Feb 2014046597.406.19$2,879
Jan 2014068290.404.86$3,315
Dec 2013068891.824.35$2,996
Nov 2013063988.853.74$2,389
Oct 2013088797.423.78$3,352
Sep 201301,033104.113.72$3,840
Aug 20130739104.253.52$2,603
Jul 20130955102.523.72$3,550
Jun 2013089694.403.93$3,524
May 2013095994.834.15$3,979
Apr 2013092193.964.28$3,944
Mar 201301,03893.623.91$4,062
Feb 2013088991.233.42$3,040
Jan 201301,11091.603.42$3,796
Dec 2012079386.773.42$2,712
Nov 201201,15186.953.62$4,172
Oct 201201,21089.383.40$4,114
Sep 201201,80294.672.92$5,259
Aug 201204,11492.662.91$11,964
Jul 201204,44785.133.02$13,434
Jun 201203,93079.822.52$9,900
May 201204,56491.612.49$11,357
Apr 201203,941101.652.00$7,869
Mar 201204,019105.052.22$8,931
Feb 201203,821101.102.57$9,821
Jan 201204,22998.092.73$11,562
Dec 201104,07196.873.24$13,189
Nov 201104,22895.723.31$14,000
Oct 201104,55184.983.65$16,605
Sep 201104,33983.623.99$17,294
Aug 201104,76883.404.15$19,784
Jul 201104,77694.144.52$21,574
Jun 201104,80392.904.64$22,285
May 201105,08298.134.40$22,385
Apr 201104,172105.964.33$18,078
Mar 201104,55796.364.06$18,489
Feb 201104,02985.644.18$16,841
Jan 201104,75086.504.59$21,797
Dec 201004,66885.734.35$20,295
Nov 201004,58580.843.80$17,402
Oct 201004,51778.103.51$15,850
Sep 201004,93672.633.98$19,643
Aug 201005,72673.684.42$25,305
Jul 201005,23472.554.74$24,791
Jun 201004,28370.364.91$21,031
May 201004,76871.124.24$20,194
Apr 201004,78681.694.12$19,731
Mar 201004,90178.394.39$21,509
Feb 201004,50273.585.44$24,502
Jan 201005,12974.365.96$30,590
Dec 200904,80571.445.48$26,349
Nov 200905,22174.593.75$19,587
Oct 200905,24872.544.11$21,571
Sep 200905,76865.543.06$17,677
Aug 200905,72367.423.22$18,419
Jul 200905,98061.133.46$20,718
Jun 200905,44266.163.90$21,197
May 200904,94154.743.93$19,397
Apr 2009010,22646.773.59$36,686
Mar 200905,49442.144.06$22,300
Feb 200905,60632.814.63$25,973
Jan 200905,53735.865.37$29,739
Dec 200805,83837.105.98$34,895
Nov 200804,85255.496.86$33,286
Oct 200805,87275.246.92$40,646
Sep 200805,717101.767.88$45,033
Aug 200805,945114.228.48$50,432
Jul 200805,787131.0811.39$65,911
Jun 200806,118131.3313.03$79,734
May 200806,604123.1711.57$76,437
Apr 200803,862110.3110.45$40,377
Mar 200806,116101.909.66$59,105
Feb 200805,84492.538.77$51,255
Jan 200807,00390.388.21$57,465
Dec 200707,11088.337.30$51,917
Nov 200706,82391.677.29$49,751
Oct 200706,91482.856.92$47,859
Sep 200707,12075.846.24$44,458
Aug 200704,99269.066.39$31,889
Jul 200706,82970.906.39$43,623
Jun 200704,74562.007.55$35,817
May 200706,10158.747.85$47,870
Apr 200707,07859.617.81$55,245
Mar 200707,39156.927.30$53,969
Feb 200706,99455.108.22$57,463
Jan 200707,56050.306.73$50,855
Dec 200607,58156.656.92$52,449
Nov 200606,62854.207.62$50,489
Oct 200607,50754.906.01$45,146
Sep 200607,57360.085.04$38,147
Aug 200608,54768.717.34$62,734
Jul 200608,37169.376.34$53,095
Jun 200608,11066.286.38$51,773
May 200608,62266.016.42$55,396
Apr 200608,48864.397.36$62,476
Mar 200608,09156.707.08$57,308
Feb 200607,92657.597.75$61,435
Jan 200608,54660.598.93$76,344
Dec 200508,32054.9413.42$111,616
Nov 2005012,93454.6910.59$136,950
Oct 20050058.3413.80$0
Sep 200501,88161.4512.08$22,721
Aug 2005012,93861.519.80$126,752
Jul 2005011,75655.697.84$92,210
Jun 200507,21952.337.38$53,284
May 200505,32645.226.65$35,424
Apr 200505,71649.207.36$42,073
Mar 200505,71150.377.15$40,862
Feb 200505,71145.226.31$36,047
Jan 2005346,91743.166.32$45,198
Dec 200408,34439.866.75$56,331
Nov 200405,46445.286.33$34,589
Oct 200406,53049.706.52$42,544
Sep 200407,89043.245.28$41,690
Aug 200408,95742.375.55$49,717
Jul 200406,94338.286.08$42,242
Jun 200407,25136.106.43$46,646
May 200406,98437.486.49$45,358
Apr 200406,21334.475.86$36,399
Mar 200403,79034.365.53$20,959
Feb 2004010,13632.455.51$55,846
Jan 200408,30632.036.30$52,325
Dec 2003010,87830.266.30$68,549
Nov 200307,49028.804.60$34,418
Oct 200325,47128.174.76$26,096
Sep 2003010,82826.314.75$51,426
Aug 2003713,28829.765.13$68,372
Jul 200363,83629.415.17$20,012
Jun 200302,65528.565.98$15,885
May 200302,55726.595.97$15,272
Apr 200305,24426.675.41$28,356
Mar 200307,25431.146.10$44,221
Feb 2003094233.487.93$7,466
Jan 200303,56230.315.58$19,883
Dec 200201,29126.914.85$6,266
Nov 200204,47924.664.14$18,529
Oct 200203,64026.464.23$15,394
Sep 200204,77927.443.64$17,373
Aug 200205,59825.963.16$17,713
Jul 200205,24924.583.06$16,071
Jun 200206,26723.733.34$20,921
May 200207,76024.663.58$27,812
Apr 200208,05923.653.51$28,306
Mar 200209,56022.003.10$29,662
Feb 20023110,82618.222.38$26,284
Jan 200201,20017.172.38$2,851
Dec 20010316.932.36$7
Nov 20010018.072.41$0
Oct 200103,22019.782.53$8,143
Sep 200108,62924.262.25$19,427
Aug 200109,90224.873.05$30,232
Jul 2001110,68623.933.20$34,188
Jun 2001011,66824.563.82$44,620
May 200106,91125.524.31$29,768
Apr 200109,70224.685.34$51,763
Mar 2001010,13224.545.38$54,474
Feb 200108,40527.755.77$48,472
Jan 2001054427.478.40$4,569
Dec 200001,54126.889.12$14,058
Nov 200001,68232.215.66$9,517
Oct 200008,58431.235.15$44,169
Sep 2000010,25231.875.19$53,172
Aug 2000012,84329.644.54$58,317
Jul 200003,23528.534.09$13,230
Jun 200002,19129.304.40$9,634
May 200006,14727.263.68$22,619
Apr 2000011,12324.513.12$34,659
Mar 2000013,48928.422.86$38,575
Feb 200001,62927.622.73$4,441
Jan 200008,76025.272.48$21,729
Dec 1999411,00124.282.42$26,760
Nov 19995212,26423.192.43$31,056
Oct 1999011,26720.982.80$31,589
Sep 1999012,74621.752.62$33,380
Aug 199909,71819.262.88$27,945
Jul 199904,73517.892.37$11,233
Jun 1999012,84515.942.36$30,341
May 199905,70215.792.32$13,234
Apr 1999013,81215.102.21$30,498
Mar 1999012,35312.471.84$22,709
Feb 1999012,3639.981.82$22,473
Jan 1999014,61110.381.90$27,760
Dec 1998016,3079.201.77$28,918
Nov 1998010,88710.892.19$23,796
Oct 199808,91612.421.97$17,557
Sep 1998015,52412.592.08$32,331
Aug 1998011,54611.301.91$22,022
Jul 1998113,82911.742.24$30,951
Jun 1998015,10011.242.24$33,783
May 19986917,17812.622.21$38,771
Apr 1998014,58813.042.51$36,548
Mar 19982415,26912.802.31$35,570
Feb 1998011,91613.952.30$27,396
Jan 1998013,17014.702.15$28,379
Dec 1997013,45116.322.41$32,432
Nov 1997013,30018.193.09$41,074
Oct 1997014,91619.253.15$46,983
Sep 1997015,02517.742.95$44,397
Aug 1997014,43617.862.55$36,880
Jul 1997015,79817.582.25$35,497
Jun 1997015,45617.242.26$34,887
May 1997016,20718.972.31$37,414
Apr 1997015,72117.882.08$32,743
Mar 1997016,20518.951.94$31,424
Feb 1997015,43020.492.21$34,037
Jan 1997016,62123.483.54$58,833
Dec 1996014,43923.32$0
Nov 19961415,24521.97$308
Oct 1996018,93323.31$0
Sep 1996018,25422.22$0
Aug 1996019,15920.26$0
Jul 1996119,52019.55$20
Jun 1996019,09718.73$0
May 1996019,95619.43$0
Apr 1996219,62821.51$43
Mar 1996321,43219.38$58
Feb 1996020,88516.98$0
Jan 19964223,97117.07$717
Dec 1995124,29617.19$17
Nov 1995424,29016.00$64
Oct 1995525,31115.43$77
Sep 1995424,87716.18$65
Aug 1995426,66315.92$64
Jul 1995527,53915.24$76
Jun 1995328,01416.41$49
May 1995228,62517.56$35
Apr 1995329,81617.73$53
Mar 1995331,63916.44$49
Feb 1995329,74616.58$50
Jan 1995334,26815.92$48
Dec 1994335,29815.03$45
Nov 1994336,80815.90$48
Oct 1994240,21515.58$31
Sep 1994141,01815.29$15
Aug 1994444,88216.13$65
Jul 1994244,81217.56$35
Jun 19944645,45817.09$786
May 1994146,24615.88$16
Apr 1994049,86514.14$0
Mar 1994052,94212.46$0
Feb 1994047,10012.50$0
Jan 1994155,62012.66$13
Dec 1993061,18812.33$0
Nov 1993062,86414.49$0
Oct 19935371,21315.85$840
Sep 1993070,40315.03$0
Aug 1993085,60115.66$0
Jul 199374101,79015.46$1,144
Jun 19930122,97016.79$0
May 19930106,43317.68$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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  664 Mcf  × $  3.05 =     $2,022

────────────────────────────────────────────────────
Month total                                   $2,129

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/145357 is the state's own key, not one this site invented.