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 146511District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$981 k
Aug 1993 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
394
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 Gas111993-10-20129494
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
CondensateDisposition328 bbl$7,218
GasProduction343,777 Mcf$973,290
Total$980,509

126,913 Mcf of this lease's gas, across 31 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 27.5474, -99.0444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54741, -99.04436 · 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

42-479357681212,000 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 (394)

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

394 months

May 20260145106.413.05$442
Apr 2026012198.932.87$347
Mar 2026012089.753.15$378
Feb 2026012363.503.75$461
Jan 2026012959.138.00$1,032
Dec 2025017056.664.41$750
Nov 2025025058.593.93$982
Oct 2025011659.383.30$383
Sep 202509462.743.08$289
Aug 2025010263.933.01$308
Jul 2025110166.743.32$402
Jun 2025010366.483.13$322
May 2025010460.553.23$336
Apr 2025010562.363.54$372
Mar 2025011067.704.27$470
Feb 2025010270.884.34$443
Jan 2025010974.324.28$466
Dec 2024011068.993.12$343
Nov 2024010869.052.20$237
Oct 2024010371.372.28$235
Sep 2024112469.612.36$363
Aug 202406375.632.06$130
Jul 202407679.932.15$163
Jun 202409678.082.63$253
May 2024010478.812.20$229
Apr 202409584.451.66$158
Mar 202408880.301.55$136
Feb 202409176.091.78$162
Jan 202409273.023.30$303
Dec 202308271.262.61$214
Nov 202307177.892.81$199
Oct 202307985.443.09$244
Sep 202306889.042.74$186
Aug 202309180.522.67$243
Jul 2023013274.852.64$349
Jun 20230068.962.26$0
May 202301170.622.23$25
Apr 202308078.122.24$179
Mar 2023012172.852.39$290
Feb 202307275.112.47$178
Jan 202306876.533.39$230
Dec 202209876.415.73$561
Nov 202209885.005.65$553
Oct 2022010287.185.86$598
Sep 202209884.888.16$800
Aug 202209694.529.13$876
Jul 20220102101.587.54$769
Jun 20220111115.097.98$885
May 20220111109.378.43$936
Apr 20220111104.226.84$759
Mar 20220124108.885.08$629
Feb 2022010691.054.86$515
Jan 2022012681.844.54$572
Dec 2021014071.323.90$546
Nov 2021014077.435.24$733
Oct 2021014579.795.71$829
Sep 2021014669.865.35$781
Aug 2021014366.024.22$604
Jul 2021011870.783.98$470
Jun 2021010269.493.38$345
May 2021017463.483.02$525
Apr 2021012760.362.76$350
Mar 2021017561.302.72$475
Feb 2021525057.805.55$3,283
Jan 2021015450.412.81$433
Dec 2020010744.642.68$286
Nov 2020011838.772.71$319
Oct 2020016436.972.48$406
Sep 202009037.091.99$179
Aug 202009039.982.39$215
Jul 202007738.371.83$141
Jun 202009934.901.69$167
May 202002616.921.81$47
Apr 202003714.751.80$67
Mar 202009330.341.86$173
Feb 2020011049.881.98$218
Jan 2020011757.252.09$245
Dec 2019011359.012.30$260
Nov 2019010955.302.75$300
Oct 201907053.472.42$169
Sep 201906555.052.66$173
Aug 201905853.112.30$134
Jul 201906856.272.46$167
Jun 2019010852.782.49$269
May 201901758.482.74$47
Apr 201906962.632.75$190
Mar 201909156.803.06$279
Feb 201908550.852.79$237
Jan 2019014646.033.23$471
Dec 2018010046.594.19$419
Nov 2018012952.934.24$547
Oct 2018014461.443.40$489
Sep 2018011859.543.11$367
Aug 2018011859.403.07$362
Jul 201809965.142.93$290
Jun 201808760.183.08$268
May 201805865.382.90$168
Apr 201809763.842.90$281
Mar 2018015661.222.79$435
Feb 2018012661.782.77$349
Jan 2018013762.874.01$549
Dec 2017012257.272.92$356
Nov 201706055.423.12$187
Oct 2017010449.292.98$310
Sep 2017011847.523.09$364
Aug 2017013445.373.00$403
Jul 2017013743.873.09$423
Jun 2017012942.493.09$398
May 2017014645.373.26$476
Apr 2017014047.933.21$450
Mar 2017014946.772.98$445
Feb 2017011350.452.95$334
Jan 2017015449.413.42$527
Dec 2016016248.763.72$603
Nov 2016014642.492.64$386
Oct 2016016546.193.09$510
Sep 2016014141.553.10$437
Aug 2016015841.442.92$462
Jul 2016015341.622.92$447
Jun 2016015445.352.69$414
May 2016015942.521.99$317
Apr 2016013736.561.99$273
Mar 2016012433.011.79$222
Feb 2016013726.472.06$283
Jan 20161219627.352.36$792
Dec 2015018632.362.00$372
Nov 2015018238.792.17$394
Oct 2015035543.552.43$861
Sep 2015017242.992.76$474
Aug 2015018340.162.87$526
Jul 2015018348.152.95$539
Jun 2015088756.152.88$2,557
May 201501,22955.212.96$3,632
Apr 201503,50849.822.71$9,495
Mar 2015090942.892.93$2,668
Feb 2015016944.662.98$503
Jan 2015019243.433.10$595
Dec 2014017454.693.59$625
Nov 2014017470.464.25$740
Oct 2014017578.303.90$683
Sep 2014017286.164.05$696
Aug 2014017289.394.04$694
Jul 2014017896.564.18$744
Jun 2014017998.164.74$848
May 2014018394.734.73$865
Apr 2014016895.944.81$808
Mar 2014020395.895.06$1,027
Feb 20140097.406.19$0
Jan 2014020490.404.86$992
Dec 2013027591.824.35$1,197
Nov 2013011588.853.74$430
Oct 2013015297.423.78$574
Sep 20130198104.113.72$736
Aug 20130228104.253.52$803
Jul 20130170102.523.72$632
Jun 2013019894.403.93$779
May 2013022694.834.15$938
Apr 2013021393.964.28$912
Mar 2013022193.623.91$865
Feb 2013021391.233.42$728
Jan 2013023291.603.42$793
Dec 2012021186.773.42$722
Nov 2012021486.953.62$776
Oct 2012010189.383.40$343
Sep 2012019194.672.92$557
Aug 2012025892.662.91$750
Jul 2012034485.133.02$1,039
Jun 2012028579.822.52$718
May 2012042391.612.49$1,053
Apr 20120498101.652.00$994
Mar 201201,615105.052.22$3,589
Feb 201202,006101.102.57$5,156
Jan 201201,56198.092.73$4,268
Dec 201101,56296.873.24$5,060
Nov 2011037095.723.31$1,225
Oct 2011025984.983.65$945
Sep 2011011083.623.99$438
Aug 2011013083.404.15$539
Jul 2011016394.144.52$736
Jun 2011010992.904.64$506
May 2011010598.134.40$463
Apr 20110128105.964.33$555
Mar 2011043996.364.06$1,781
Feb 2011012585.644.18$523
Jan 201106486.504.59$294
Dec 2010016185.734.35$700
Nov 2010015580.843.80$588
Oct 2010024778.103.51$867
Sep 2010020072.633.98$796
Aug 2010025073.684.42$1,105
Jul 2010021672.554.74$1,023
Jun 2010020370.364.91$997
May 2010021671.124.24$915
Apr 2010036281.694.12$1,492
Mar 2010060778.394.39$2,664
Feb 201001,17673.585.44$6,400
Jan 2010043974.365.96$2,618
Dec 2009062471.445.48$3,422
Nov 2009090874.593.75$3,406
Oct 2009037972.544.11$1,558
Sep 2009056465.543.06$1,729
Aug 2009057767.423.22$1,857
Jul 2009092661.133.46$3,208
Jun 200901,00066.163.90$3,895
May 200901,11754.743.93$4,385
Apr 200901,14446.773.59$4,104
Mar 2009092342.144.06$3,746
Feb 2009086832.814.63$4,021
Jan 2009022935.865.37$1,230
Dec 2008074837.105.98$4,471
Nov 2008010855.496.86$741
Oct 200801,30075.246.92$8,999
Sep 20080502101.767.88$3,954
Aug 20080611114.228.48$5,183
Jul 200801,287131.0811.39$14,658
Jun 200801,108131.3313.03$14,440
May 200801,332123.1711.57$15,417
Apr 200801,463110.3110.45$15,295
Mar 200801,441101.909.66$13,926
Feb 2008064292.538.77$5,631
Jan 200801,40490.388.21$11,521
Dec 200701,09488.337.30$7,988
Nov 2007088191.677.29$6,424
Oct 2007077882.856.92$5,385
Sep 2007072675.846.24$4,533
Aug 2007045669.066.39$2,913
Jul 2007056470.906.39$3,603
Jun 2007053862.007.55$4,061
May 2007048558.747.85$3,805
Apr 2007023659.617.81$1,842
Mar 2007024356.927.30$1,774
Feb 2007032555.108.22$2,670
Jan 2007041050.306.73$2,758
Dec 2006036656.656.92$2,532
Nov 20060054.207.62$0
Oct 2006038954.906.01$2,339
Sep 2006047060.085.04$2,367
Aug 2006045868.717.34$3,362
Jul 200601,17369.376.34$7,440
Jun 2006046066.286.38$2,937
May 2006036666.016.42$2,352
Apr 2006044164.397.36$3,246
Mar 200601,08156.707.08$7,657
Feb 200601,14157.597.75$8,844
Jan 200601,80760.598.93$16,143
Dec 200501,19754.9413.42$16,058
Nov 200501,84054.6910.59$19,483
Oct 2005096258.3413.80$13,272
Sep 2005093061.4512.08$11,233
Aug 2005051861.519.80$5,075
Jul 2005056655.697.84$4,440
Jun 2005061452.337.38$4,532
May 2005047745.226.65$3,173
Apr 2005066349.207.36$4,880
Mar 200501,01450.377.15$7,255
Feb 2005082545.226.31$5,207
Jan 2005058543.166.32$3,698
Dec 2004065239.866.75$4,402
Nov 200401,30445.286.33$8,255
Oct 200401,34449.706.52$8,756
Sep 2004089643.245.28$4,734
Aug 200401,57042.375.55$8,715
Jul 200402,61938.286.08$15,934
Jun 200403,78736.106.43$24,362
May 200402,53137.486.49$16,438
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200403432.455.51$187
Jan 2004014332.036.30$901
Dec 2003033930.266.30$2,136
Nov 2003042328.804.60$1,944
Oct 2003048828.174.76$2,323
Sep 200302,08426.314.75$9,898
Aug 2003082529.765.13$4,232
Jul 200302,30729.415.17$11,929
Jun 200301,06728.565.98$6,384
May 200301,01426.595.97$6,056
Apr 200301,21526.675.41$6,570
Mar 200301,06331.146.10$6,480
Feb 200301,08933.487.93$8,631
Jan 2003014130.315.58$787
Dec 2002091126.914.85$4,422
Nov 2002058224.664.14$2,408
Oct 2002052426.464.23$2,216
Sep 2002058727.443.64$2,134
Aug 200201,58625.963.16$5,018
Jul 200201,35924.583.06$4,161
Jun 2002068023.733.34$2,270
May 2002045224.663.58$1,620
Apr 2002053523.653.51$1,879
Mar 2002056722.003.10$1,759
Feb 2002060618.222.38$1,440
Jan 2002095517.172.38$2,269
Dec 2001071616.932.36$1,693
Nov 2001075418.072.41$1,814
Oct 200101,52419.782.53$3,854
Sep 200101,82324.262.25$4,104
Aug 200101,90024.873.05$5,801
Jul 200102,06123.933.20$6,589
Jun 200101,90424.563.82$7,281
May 200101,14125.524.31$4,915
Apr 200101,09824.685.34$5,858
Mar 2001077824.545.38$4,183
Feb 200101,63127.755.77$9,406
Jan 200101,26327.478.40$10,608
Dec 200002,19026.889.12$19,978
Nov 200001,94732.215.66$11,016
Oct 2000068431.235.15$3,520
Sep 200001,16631.875.19$6,047
Aug 2000083029.644.54$3,769
Jul 200021,08228.534.09$4,482
Jun 200001,71129.304.40$7,524
May 200021,55927.263.68$5,791
Apr 2000099324.513.12$3,094
Mar 200001,00428.422.86$2,871
Feb 200001,88127.622.73$5,129
Jan 200001,41025.272.48$3,498
Dec 1999087124.282.42$2,111
Nov 1999072323.192.43$1,760
Oct 199902,13520.982.80$5,986
Sep 199901,84221.752.62$4,824
Aug 199902,12819.262.88$6,119
Jul 199901,52817.892.37$3,625
Jun 199901,38015.942.36$3,260
May 1999091415.792.32$2,121
Apr 1999089115.102.21$1,967
Mar 1999064012.471.84$1,177
Feb 199905199.981.82$943
Jan 199902,16910.381.90$4,121
Dec 199802,9789.201.77$5,281
Nov 199802,12210.892.19$4,638
Oct 199881,98112.421.97$4,000
Sep 1998711,55812.592.08$4,139
Aug 199822,27311.301.91$4,358
Jul 199802,81311.742.24$6,293
Jun 199802,39011.242.24$5,347
May 199802,62412.622.21$5,789
Apr 199801,64813.042.51$4,129
Mar 1998811,57812.802.31$4,681
Feb 199801,04513.952.30$2,403
Jan 1998077014.702.15$1,659
Dec 199701,59716.322.41$3,851
Nov 199702,09418.193.09$6,467
Oct 199701,81919.253.15$5,730
Sep 199702,79517.742.95$8,259
Aug 199703,48017.862.55$8,891
Jul 199702,67717.582.25$6,015
Jun 1997097517.242.26$2,201
May 199701118.972.31$25
Apr 1997077717.882.08$1,618
Mar 1997082518.951.94$1,600
Feb 1997089720.492.21$1,979
Jan 199701,84323.483.54$6,524
Dec 199602,14923.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996179217.07$17
Dec 199521,98817.19$34
Nov 199522,06016.00$32
Oct 199572,20315.43$108
Sep 199552,15316.18$81
Aug 199522,24015.92$32
Jul 199572,17615.24$107
Jun 199532,17216.41$49
May 199542,29217.56$70
Apr 199532,18117.73$53
Mar 199532,13216.44$49
Feb 199542,31816.58$66
Jan 199532,96315.92$48
Dec 199432,15515.03$45
Nov 199411,19015.90$16
Oct 199422,56715.58$31
Sep 199413,46915.29$15
Aug 199453,74816.13$81
Jul 1994313,94917.56$544
Jun 199434,19317.09$51
May 199414,71915.88$16
Apr 199404,92214.14$0
Mar 199435,62212.46$37
Feb 199405,33712.50$0
Jan 199407,11912.66$0
Dec 199307,29112.33$0
Nov 199307,30314.49$0
Oct 199309,51815.85$0
Sep 1993010,35615.03$0
Aug 1993013,63615.66$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             0 bbl  × $106.41 =         $0
Gas                  145 Mcf  × $  3.05 =       $442

────────────────────────────────────────────────────
Month total                                     $442

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/146511 is the state's own key, not one this site invented.