VAQUILLAS RANCH-C

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 145713District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$78 k
Jun 1993 – Jun 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 Gas111994-01-06129604
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
CondensateDisposition152 bbl$2,375
GasProduction72,403 Mcf$75,811
Total$78,185

44,191 Mcf of this lease's gas, across 36 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 27.5262, -99.0134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52621, -99.01342 · 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
12,500 ft
1 wells filed one
Completion to plug
10.3 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 12,500 ft.

Completions filed
Mar 1998
1 of 1 wells
Plug dates filed
Jul 2008
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479338875112,500 ftMar 1998Jul 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 (181)

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

181 months

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 200201223.653.51$42
Mar 200201822.003.10$56
Feb 200203118.222.38$74
Jan 20020417.172.38$10
Dec 200102716.932.36$64
Nov 2001046118.072.41$1,109
Oct 20010119.782.53$3
Sep 20010024.262.25$0
Aug 20010124.873.05$3
Jul 20010023.933.20$0
Jun 200109324.563.82$356
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 200103124.545.38$167
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000526.889.12$46
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000018531.875.19$960
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200006727.263.68$247
Apr 200008024.513.12$249
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000017425.272.48$432
Dec 1999013924.282.42$337
Nov 1999037323.192.43$908
Oct 19990020.982.80$0
Sep 1999064321.752.62$1,684
Aug 1999068819.262.88$1,978
Jul 1999075017.892.37$1,779
Jun 1999084115.942.36$1,987
May 1999066815.792.32$1,550
Apr 199904815.102.21$106
Mar 1999018712.471.84$344
Feb 199902809.981.82$509
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998012911.301.91$246
Jul 1998021111.742.24$472
Jun 1998019011.242.24$425
May 1998022812.622.21$503
Apr 1998021113.042.51$529
Mar 199804412.802.31$102
Feb 1998015213.952.30$349
Jan 1998021914.702.15$472
Dec 1997054016.322.41$1,302
Nov 1997068218.193.09$2,106
Oct 1997048419.253.15$1,525
Sep 1997071217.742.95$2,104
Aug 1997084817.862.55$2,166
Jul 199701,06117.582.25$2,384
Jun 199701,45317.242.26$3,280
May 199701,01518.972.31$2,343
Apr 199701,43417.882.08$2,987
Mar 199701,23918.951.94$2,403
Feb 199704,33120.492.21$9,554
Jan 199707,22223.483.54$25,564
Dec 199605,22123.32$0
Nov 1996012021.97$0
Oct 1996032123.31$0
Sep 1996068422.22$0
Aug 199601,02820.26$0
Jul 19960019.55$0
Jun 1996029418.73$0
May 1996049719.43$0
Apr 1996012621.51$0
Mar 1996060219.38$0
Feb 1996080116.98$0
Jan 199601,20517.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995035815.24$0
Jun 1995087916.41$0
May 1995194217.56$18
Apr 199531,09617.73$53
Mar 1995111,40716.44$181
Feb 199561,36516.58$99
Jan 1995340815.92$48
Dec 199431,00515.03$45
Nov 199451,13715.90$80
Oct 199421,19615.58$31
Sep 1994792315.29$107
Aug 1994181,03716.13$290
Jul 1994161,36117.56$281
Jun 1994191,26017.09$325
May 1994221,51115.88$349
Apr 1994111,48414.14$156
Mar 1994121,80512.46$150
Feb 1994131,84112.50$163
Jan 199402,08312.66$0
Dec 19930012.33$0
Nov 1993036014.49$0
Oct 1993074915.85$0
Sep 199301,72515.03$0
Aug 199301,94215.66$0
Jul 199302,95415.46$0
Jun 199302,46416.79$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.

Apr 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                   12 Mcf  × $  3.51 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/145713 is the state's own key, not one this site invented.