VAQUILLAS RANCH L3

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 146156District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$244 k
Aug 1993 – Apr 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 Gas111993-10-15129470
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
CondensateDisposition7,671 bbl$116,215
GasProduction293,111 Mcf$127,915
Total$244,129

240,821 Mcf of this lease's gas, across 41 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 27.6833, -99.1250. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68325, -99.12499 · 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
9,260 ft
1 wells filed one
Completion to plug
12.7 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 9,260 ft.

Completions filed
Aug 1993
1 of 1 wells
Plug dates filed
Apr 2006
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479358501149,260 ftAug 1993Apr 2006Yes

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 (153)

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

153 months

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 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200006728.534.09$274
Jun 2000098129.304.40$4,314
May 200001,08027.263.68$3,974
Apr 2000010824.513.12$337
Mar 2000051828.422.86$1,481
Feb 200009927.622.73$270
Jan 200002,71425.272.48$6,732
Dec 199902,47724.282.42$6,004
Nov 199902,01523.192.43$4,904
Oct 199902,15420.982.80$6,039
Sep 199901,43421.752.62$3,755
Aug 199901,14519.262.88$3,293
Jul 1999097217.892.37$2,306
Jun 199901,01215.942.36$2,390
May 199901,62215.792.32$3,765
Apr 199901,31715.102.21$2,908
Mar 1999053912.471.84$991
Feb 199909219.981.82$1,674
Jan 199901,13610.381.90$2,158
Dec 199804559.201.77$807
Nov 199801,17210.892.19$2,562
Oct 199801,66612.421.97$3,281
Sep 199801,57512.592.08$3,280
Aug 1998351,49811.301.91$3,253
Jul 1998641,55811.742.24$4,237
Jun 1998597511.242.24$831
May 1998385412.622.21$599
Apr 19984981113.042.51$2,671
Mar 19983977512.802.31$2,289
Feb 19984371313.952.30$2,239
Jan 19986194914.702.15$2,942
Dec 19976171616.322.41$2,722
Nov 1997911,09118.193.09$5,025
Oct 1997841,46519.253.15$6,231
Sep 1997761,31017.742.95$5,219
Aug 1997901,65017.862.55$5,823
Jul 19971091,98817.582.25$6,383
Jun 1997991,55017.242.26$5,205
May 19971261,97918.972.31$6,959
Apr 19971221,72117.882.08$5,766
Mar 19971452,63718.951.94$7,861
Feb 199701,38620.492.21$3,057
Jan 199701,18523.483.54$4,195
Dec 199601,68223.32$0
Nov 199602,46121.97$0
Oct 199602,41223.31$0
Sep 199602,46822.22$0
Aug 199602,97520.26$0
Jul 199602,62019.55$0
Jun 199603,06118.73$0
May 199602,26119.43$0
Apr 199633,04221.51$65
Mar 1996192,80719.38$368
Feb 1996203,14816.98$340
Jan 1996192,44817.07$324
Dec 1995272,89717.19$464
Nov 1995292,38316.00$464
Oct 1995263,47815.43$401
Sep 199533,59716.18$49
Aug 199562,95515.92$96
Jul 1995592,97615.24$899
Jun 1995633,42716.41$1,034
May 1995803,46217.56$1,405
Apr 1995303,34117.73$532
Mar 199534,04816.44$49
Feb 199534,27116.58$50
Jan 199533,87615.92$48
Dec 199423,16315.03$30
Nov 199443,37015.90$64
Oct 199476,08115.58$109
Sep 1994474,66915.29$719
Aug 19944175,67716.13$6,726
Jul 19944875,90517.56$8,552
Jun 19944105,87617.09$7,007
May 19945796,84515.88$9,195
Apr 19943024,74714.14$4,270
Mar 19947387,48412.46$9,195
Feb 19945759,07712.50$7,188
Jan 19942669,94712.66$3,368
Dec 199338513,28312.33$4,747
Nov 199352225,07314.49$7,564
Oct 199329115,11315.85$4,612
Sep 199331111,41615.03$4,674
Aug 199354430,99915.66$8,519

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.

Jul 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 28.53 =         $0
Gas                   67 Mcf  × $  4.09 =       $274

────────────────────────────────────────────────────
Month total                                     $274

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/146156 is the state's own key, not one this site invented.