VAQUILLAS RANCH

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 146746District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$83 k
Sep 1993 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 Gas111993-10-20129499
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
CondensateDisposition234 bbl$3,534
GasProduction171,446 Mcf$79,210
Total$82,744

144,971 Mcf of this lease's gas, across 40 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 27.5439, -99.0305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54388, -99.03053 · 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
12,200 ft
1 wells filed one
Completion to plug
21.1 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 12,200 ft.

Completions filed
Sep 1993
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 21.1 years across the 1 well that filed both dates, with the middle half between 21.1 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479358371712,200 ftSep 1993Oct 2014Yes

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 (254)

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

254 months

Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
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 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 200103216.932.36$76
Nov 200102518.072.41$60
Oct 200103619.782.53$91
Sep 200107924.262.25$178
Aug 2001017524.873.05$534
Jul 200109723.933.20$310
Jun 200108424.563.82$321
May 2001015625.524.31$672
Apr 2001041724.685.34$2,225
Mar 2001039424.545.38$2,118
Feb 2001039627.755.77$2,284
Jan 2001046427.478.40$3,897
Dec 2000031826.889.12$2,901
Nov 2000036032.215.66$2,037
Oct 2000037531.235.15$1,930
Sep 2000041431.875.19$2,147
Aug 2000044629.644.54$2,025
Jul 2000043928.534.09$1,795
Jun 2000048829.304.40$2,146
May 2000041027.263.68$1,509
Apr 2000039624.513.12$1,234
Mar 2000044328.422.86$1,267
Feb 2000043027.622.73$1,172
Jan 2000046025.272.48$1,141
Dec 1999043624.282.42$1,057
Nov 1999045123.192.43$1,098
Oct 1999051020.982.80$1,430
Sep 1999045821.752.62$1,199
Aug 1999051619.262.88$1,484
Jul 1999061817.892.37$1,466
Jun 1999056015.942.36$1,323
May 1999054415.792.32$1,263
Apr 1999040015.102.21$883
Mar 1999046812.471.84$860
Feb 199903429.981.82$622
Jan 1999040710.381.90$773
Dec 199804859.201.77$860
Nov 1998053510.892.19$1,169
Oct 1998053212.421.97$1,048
Sep 1998060212.592.08$1,254
Aug 1998058311.301.91$1,112
Jul 1998061111.742.24$1,367
Jun 1998055811.242.24$1,248
May 1998061012.622.21$1,346
Apr 1998054613.042.51$1,368
Mar 1998053112.802.31$1,226
Feb 1998055313.952.30$1,271
Jan 1998065514.702.15$1,411
Dec 1997041016.322.41$989
Nov 1997043818.193.09$1,353
Oct 1997051919.253.15$1,635
Sep 1997060117.742.95$1,776
Aug 1997063317.862.55$1,617
Jul 1997065017.582.25$1,461
Jun 1997063117.242.26$1,424
May 1997263818.972.31$1,511
Apr 1997166317.882.08$1,399
Mar 1997242418.951.94$860
Feb 1997041220.492.21$909
Jan 1997061123.483.54$2,163
Dec 1996071123.32$0
Nov 1996069721.97$0
Oct 1996064423.31$0
Sep 1996054222.22$0
Aug 1996058320.26$0
Jul 1996062819.55$0
Jun 1996055118.73$0
May 1996063719.43$0
Apr 1996063421.51$0
Mar 1996065919.38$0
Feb 199601,01916.98$0
Jan 199631,45817.07$51
Dec 199511,90117.19$17
Nov 199502,38416.00$0
Oct 199501,55515.43$0
Sep 199512,04216.18$16
Aug 199512,28515.92$16
Jul 199532,55615.24$46
Jun 199502,48216.41$0
May 199522,90317.56$35
Apr 199522,74517.73$35
Mar 199522,94516.44$33
Feb 199511,86316.58$17
Jan 199512,43815.92$16
Dec 199422,99215.03$30
Nov 199402,14715.90$0
Oct 1994102,92415.58$156
Sep 199403,26215.29$0
Aug 199413,32916.13$16
Jul 199424,07317.56$35
Jun 199403,79217.09$0
May 199413,66215.88$16
Apr 19941085,62114.14$1,527
Mar 199426,13612.46$25
Feb 199425,39412.50$25
Jan 199416,60212.66$13
Dec 199307,69612.33$0
Nov 199308,62814.49$0
Oct 19938314,09015.85$1,316
Sep 1993027,76115.03$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.

Dec 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.93 =         $0
Gas                   32 Mcf  × $  2.36 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/146746 is the state's own key, not one this site invented.