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 145675District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1993 – May 2026
Value, last 12 filed months
$702
at the published price for each month
Months reported
399
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 Gas221993-08-13 – 2002-08-022 dockets
NGPA2none

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
CondensateDisposition5,017 bbl$139,562
GasProduction1,408,211 Mcf$2,053,754
Total$2,193,316

912,473 Mcf of this lease's gas, across 46 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 27.6407, -99.0719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64073, -99.07193 · 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
10,240 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 10,240 ft.

Completions filed
Mar 1993
1 of 1 wells

1 well

42-47932868810,240 ftMar 1993

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 (399)

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

399 months

May 2026018106.413.05$55
Apr 202602498.932.87$69
Mar 202601589.753.15$47
Feb 202601263.503.75$45
Jan 202601059.138.00$80
Dec 202501556.664.41$66
Nov 202501458.593.93$55
Oct 202501559.383.30$50
Sep 202501562.743.08$46
Aug 202501763.933.01$51
Jul 202501766.743.32$56
Jun 202502666.483.13$81
May 202502760.553.23$87
Apr 202513662.363.54$190
Mar 2025011767.704.27$499
Feb 2025114170.884.34$683
Jan 202502374.324.28$98
Dec 202401968.993.12$59
Nov 202402069.052.20$44
Oct 202402071.372.28$46
Sep 202401869.612.36$43
Aug 202417175.632.06$222
Jul 2024011879.932.15$253
Jun 202414578.082.63$197
May 2024133278.812.20$809
Apr 20241284.451.66$88
Mar 20241080.301.55$80
Feb 20241176.091.78$78
Jan 20241173.023.30$76
Dec 202313571.262.61$163
Nov 202314377.892.81$199
Oct 202319485.443.09$376
Sep 202305589.042.74$150
Aug 202312880.522.67$155
Jul 202314074.852.64$181
Jun 202314668.962.26$173
May 202306270.622.23$138
Apr 202303878.122.24$85
Mar 202304772.852.39$112
Feb 202306475.112.47$158
Jan 202304776.533.39$159
Dec 202205276.415.73$298
Nov 202206685.005.65$373
Oct 202206587.185.86$381
Sep 20220584.888.16$41
Aug 202201494.529.13$128
Jul 2022029101.587.54$219
Jun 2022270115.097.98$789
May 2022135109.378.43$405
Apr 2022115104.226.84$207
Mar 202210108.885.08$109
Feb 2022112991.054.86$718
Jan 202211681.844.54$154
Dec 20211371.323.90$83
Nov 202152677.435.24$523
Oct 202138979.795.71$748
Sep 20214569.865.35$306
Aug 20216666.024.22$421
Jul 202135270.783.98$419
Jun 202154069.493.38$483
May 202146863.483.02$459
Apr 202131,59260.362.76$4,572
Mar 202152,38761.302.72$6,792
Feb 202132,29257.805.55$12,889
Jan 202172,36050.412.81$6,985
Dec 2020122,65344.642.68$7,634
Nov 2020211,78738.772.71$5,651
Oct 2020221,35336.972.48$4,167
Sep 2020281,31337.091.99$3,653
Aug 2020401,34839.982.39$4,814
Jul 2020351,29138.371.83$3,699
Jun 2020341,17034.901.69$3,164
May 2020111,42416.921.81$2,770
Apr 2020241,95214.751.80$3,876
Mar 2020191,82630.341.86$3,966
Feb 2020181,65349.881.98$4,172
Jan 2020261,52657.252.09$4,685
Dec 2019211,38659.012.30$4,433
Nov 2019211,75355.302.75$5,983
Oct 2019242,32953.472.42$6,916
Sep 2019182,62955.052.66$7,977
Aug 2019182,40953.112.30$6,507
Jul 2019192,89656.272.46$8,193
Jun 2019163,04052.782.49$8,418
May 201952,03758.482.74$5,874
Apr 20191130362.632.75$1,522
Mar 201972,66856.803.06$8,567
Feb 2019897550.852.79$3,129
Jan 2019133,06246.033.23$10,483
Dec 2018103,17446.594.19$13,750
Nov 201883,56452.934.24$15,525
Oct 2018103,94961.443.40$14,033
Sep 201864,32459.543.11$13,796
Aug 201885,05159.403.07$15,964
Jul 201875,71665.142.93$17,215
Jun 201847,28060.183.08$22,641
May 2018210,12365.382.90$29,496
Apr 2018350163.842.90$1,645
Mar 2018354461.222.79$1,700
Feb 2018242661.782.77$1,302
Jan 2018344562.874.01$1,973
Dec 2017258557.272.92$1,824
Nov 2017456155.423.12$1,971
Oct 2017227249.292.98$910
Sep 2017224547.523.09$851
Aug 2017224245.373.00$818
Jul 2017228943.873.09$980
Jun 2017238242.493.09$1,264
May 2017246945.373.26$1,621
Apr 2017232847.933.21$1,149
Mar 2017414846.772.98$629
Feb 2017320250.452.95$748
Jan 2017525849.413.42$1,129
Dec 2016449248.763.72$2,027
Nov 2016752542.492.64$1,686
Oct 20161368046.193.09$2,702
Sep 20161660041.553.10$2,525
Aug 20161875941.442.92$2,965
Jul 2016571441.622.92$2,296
Jun 2016565845.352.69$1,994
May 2016659142.521.99$1,432
Apr 20161533836.561.99$1,221
Mar 20161135833.011.79$1,005
Feb 20161334126.472.06$1,048
Jan 20161534727.352.36$1,231
Dec 20151237132.362.00$1,131
Nov 2015037338.792.17$808
Oct 2015847043.552.43$1,489
Sep 20152340842.992.76$2,114
Aug 20151242840.162.87$1,711
Jul 20151847748.152.95$2,272
Jun 20152851756.152.88$3,063
May 20152775555.212.96$3,722
Apr 20151638449.822.71$1,836
Mar 2015073342.892.93$2,151
Feb 2015034144.662.98$1,015
Jan 2015039743.433.10$1,231
Dec 2014038654.693.59$1,386
Nov 2014043570.464.25$1,850
Oct 2014061078.303.90$2,380
Sep 2014061586.164.05$2,488
Aug 2014053989.394.04$2,175
Jul 2014042496.564.18$1,772
Jun 2014041998.164.74$1,985
May 20141251294.734.73$3,557
Apr 20143442595.944.81$5,306
Mar 20141736395.895.06$3,466
Feb 20142531297.406.19$4,367
Jan 20142436090.404.86$3,919
Dec 20133342591.824.35$4,881
Nov 20133947988.853.74$5,256
Oct 20133349297.423.78$5,074
Sep 201301,663104.113.72$6,183
Aug 20130419104.253.52$1,476
Jul 20130454102.523.72$1,688
Jun 2013042894.403.93$1,684
May 201301,27994.834.15$5,307
Apr 2013037493.964.28$1,602
Mar 2013038193.623.91$1,491
Feb 2013037991.233.42$1,296
Jan 2013041591.603.42$1,419
Dec 2012047686.773.42$1,628
Nov 2012049886.953.62$1,805
Oct 2012054889.383.40$1,863
Sep 2012050294.672.92$1,465
Aug 2012051792.662.91$1,504
Jul 2012058285.133.02$1,758
Jun 2012062379.822.52$1,569
May 2012055191.612.49$1,371
Apr 20120382101.652.00$763
Mar 20120439105.052.22$975
Feb 20120428101.102.57$1,100
Jan 2012040298.092.73$1,099
Dec 2011044896.873.24$1,451
Nov 2011047395.723.31$1,566
Oct 201103,62284.983.65$13,215
Sep 2011039783.623.99$1,582
Aug 2011091183.404.15$3,780
Jul 2011056994.144.52$2,570
Jun 2011032592.904.64$1,508
May 2011072898.134.40$3,207
Apr 20110551105.964.33$2,388
Mar 2011070596.364.06$2,860
Feb 2011051485.644.18$2,149
Jan 2011066286.504.59$3,038
Dec 2010069585.734.35$3,022
Nov 2010070680.843.80$2,680
Oct 2010075578.103.51$2,649
Sep 201001,45372.633.98$5,782
Aug 201005,93873.684.42$26,242
Jul 2010070772.554.74$3,349
Jun 2010028570.364.91$1,399
May 2010041371.124.24$1,749
Apr 2010048681.694.12$2,004
Mar 2010042078.394.39$1,843
Feb 2010019673.585.44$1,067
Jan 2010042674.365.96$2,541
Dec 2009035971.445.48$1,969
Nov 2009049974.593.75$1,872
Oct 2009071372.544.11$2,931
Sep 200901,40765.543.06$4,312
Aug 200903,39667.423.22$10,930
Jul 2009090961.133.46$3,149
Jun 2009062866.163.90$2,446
May 2009027954.743.93$1,095
Apr 2009029846.773.59$1,069
Mar 2009071142.144.06$2,886
Feb 200901,73832.814.63$8,052
Jan 200904,09035.865.37$21,967
Dec 200804,02437.105.98$24,052
Nov 2008086355.496.86$5,920
Oct 200802,27275.246.92$15,727
Sep 20080852101.767.88$6,711
Aug 200802,292114.228.48$19,443
Jul 200803,920131.0811.39$44,647
Jun 200801,107131.3313.03$14,427
May 20080423123.1711.57$4,896
Apr 200801,025110.3110.45$10,716
Mar 200802,204101.909.66$21,300
Feb 200803,74192.538.77$32,811
Jan 200803,56990.388.21$29,286
Dec 200704,01588.337.30$29,317
Nov 200703,89791.677.29$28,416
Oct 200702,55782.856.92$17,700
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20073070.906.39$213
Jun 2007292,76262.007.55$22,647
May 2007825,60758.747.85$48,811
Apr 2007704,38959.617.81$38,430
Mar 20071409,45656.927.30$77,016
Feb 200701855.108.22$148
Jan 200703,56650.306.73$23,988
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 2005018154.6910.59$1,917
Oct 200501,08658.3413.80$14,982
Sep 200502,39661.4512.08$28,941
Aug 200509,00461.519.80$88,211
Jul 200502,42655.697.84$19,029
Jun 2005065752.337.38$4,849
May 2005045945.226.65$3,053
Apr 200501,51449.207.36$11,144
Mar 200501,78950.377.15$12,800
Feb 200501,40145.226.31$8,843
Jan 200501,65143.166.32$10,438
Dec 200401,64339.866.75$11,092
Nov 200404,14645.286.33$26,246
Oct 200401,79049.706.52$11,662
Sep 200401,67943.245.28$8,872
Aug 200401,74942.375.55$9,708
Jul 200401,73038.286.08$10,526
Jun 200401,80736.106.43$11,624
May 200401,17537.486.49$7,631
Apr 200401,12034.475.86$6,561
Mar 200401,74634.365.53$9,656
Feb 200401,51132.455.51$8,325
Jan 200401,42732.036.30$8,990
Dec 200301,56330.266.30$9,849
Nov 200301,57928.804.60$7,256
Oct 2003095028.174.76$4,522
Sep 2003090326.314.75$4,289
Aug 200301,20529.765.13$6,181
Jul 2003097229.415.17$5,026
Jun 200301,13328.565.98$6,779
May 200301,61826.595.97$9,664
Apr 200301,30226.675.41$7,040
Mar 200301,88031.146.10$11,461
Feb 200301,43533.487.93$11,374
Jan 200302,03030.315.58$11,332
Dec 200201,97126.914.85$9,567
Nov 200201,17124.664.14$4,844
Oct 200201,05526.464.23$4,462
Sep 200201,07327.443.64$3,901
Aug 200201,18725.963.16$3,756
Jul 200201,08924.583.06$3,334
Jun 2002094723.733.34$3,161
May 2002062424.663.58$2,236
Apr 2002087623.653.51$3,077
Mar 2002041922.003.10$1,300
Feb 2002043018.222.38$1,022
Jan 2002057817.172.38$1,373
Dec 2001041216.932.36$974
Nov 2001046418.072.41$1,116
Oct 2001094219.782.53$2,382
Sep 200102,59624.262.25$5,844
Aug 200101,06224.873.05$3,242
Jul 200101,21023.933.20$3,868
Jun 200102,46024.563.82$9,407
May 200101,43825.524.31$6,194
Apr 200102,02624.685.34$10,809
Mar 200101,35524.545.38$7,285
Feb 2001065027.755.77$3,749
Jan 200101,19227.478.40$10,011
Dec 2000075226.889.12$6,860
Nov 2000183432.215.66$4,751
Oct 2000875631.235.15$4,140
Sep 20001088231.875.19$4,893
Aug 2000293,11729.644.54$15,013
Jul 2000415,29628.534.09$22,829
Jun 2000596,14229.304.40$28,737
May 2000586,30027.263.68$24,764
Apr 2000455,55224.513.12$18,403
Mar 200021,28528.422.86$3,732
Feb 200041,96927.622.73$5,479
Jan 2000272625.272.48$1,851
Dec 199921,25724.282.42$3,095
Nov 199901,75523.192.43$4,272
Oct 199902,12420.982.80$5,955
Sep 199904,26321.752.62$11,164
Aug 199902,23019.262.88$6,413
Jul 199922,61117.892.37$6,230
Jun 1999212,27015.942.36$5,697
May 1999556,43115.792.32$15,795
Apr 1999566,06015.102.21$14,226
Mar 1999706,73912.471.84$13,261
Feb 1999656,4499.981.82$12,372
Jan 1999217,44910.381.90$14,371
Dec 199885,6929.201.77$10,167
Nov 199885,09010.892.19$11,212
Oct 199822,02012.421.97$4,003
Sep 199801,83512.592.08$3,822
Aug 199802,05611.301.91$3,922
Jul 199802,02111.742.24$4,522
Jun 199851,12911.242.24$2,582
May 199881,76712.622.21$4,000
Apr 1998111,66613.042.51$4,317
Mar 199831,55312.802.31$3,625
Feb 199872,86213.952.30$6,678
Jan 199851,74214.702.15$3,827
Dec 199731,50516.322.41$3,678
Nov 199701,48518.193.09$4,586
Oct 199704,41819.253.15$13,916
Sep 199705,50617.742.95$16,270
Aug 199705,41517.862.55$13,834
Jul 199705,61017.582.25$12,605
Jun 199705,65417.242.26$12,762
May 199706,04518.972.31$13,955
Apr 199705,98117.882.08$12,457
Mar 199706,55318.951.94$12,707
Feb 199705,48720.492.21$12,104
Jan 199705,88423.483.54$20,828
Dec 199606,64223.32$0
Nov 199606,70921.97$0
Oct 199605,73823.31$0
Sep 199607,11322.22$0
Aug 199607,56320.26$0
Jul 199607,54319.55$0
Jun 199606,32218.73$0
May 199625,39719.43$39
Apr 1996107,97721.51$215
Mar 1996118,60719.38$213
Feb 1996148,32216.98$238
Jan 1996208,84017.07$341
Dec 1995168,58717.19$275
Nov 1995188,92816.00$288
Oct 1995189,45315.43$278
Sep 199509,76016.18$0
Aug 1995010,50015.92$0
Jul 1995010,06315.24$0
Jun 1995010,23816.41$0
May 1995011,00817.56$0
Apr 199527,33917.73$35
Mar 1995799,81316.44$1,299
Feb 19958611,45216.58$1,426
Jan 19956610,81915.92$1,051
Dec 19948112,71515.03$1,217
Nov 19947211,66015.90$1,145
Oct 19946012,37615.58$935
Sep 19947414,77215.29$1,131
Aug 19944115,98916.13$661
Jul 1994304,29317.56$527
Jun 19943915,78517.09$667
May 19943714,16315.88$588
Apr 19944314,72014.14$608
Mar 19944814,92212.46$598
Feb 19946818,37612.50$850
Jan 199424723,16112.66$3,127
Dec 199319324,34612.33$2,380
Nov 199324127,58314.49$3,492
Oct 199319034,81315.85$3,012
Sep 199331944,72615.03$4,795
Aug 199326252,89315.66$4,103
Jul 19937157,12715.46$1,098
Jun 199314477,58716.79$2,418
May 1993131105,75017.68$2,316
Apr 1993219108,44818.05$3,953
Mar 199311,53518.14$18

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             0 bbl  × $106.41 =         $0
Gas                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/145675 is the state's own key, not one this site invented.