VAQUILLAS RANCH B1

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 147478District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Dec 1993 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
390
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 Gas111994-01-14129729
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
CondensateDisposition6,193 bbl$197,870
GasProduction1,336,934 Mcf$2,310,802
Total$2,508,672

682,945 Mcf of this lease's gas, across 37 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 27.5213, -98.9967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52132, -98.99665 · 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
12,460 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 12,460 ft.

Completions filed
Dec 1993
1 of 1 wells

1 well

42-4793591012012,460 ftDec 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 (390)

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

390 months

May 202631,498106.413.05$4,882
Apr 2026391098.932.87$2,908
Mar 202621,74789.753.15$5,682
Feb 202631,33063.503.75$5,178
Jan 202631,65559.138.00$13,414
Dec 202511,39156.664.41$6,196
Nov 202541,53658.593.93$6,265
Oct 202521,72759.383.30$5,826
Sep 202541,67762.743.08$5,411
Aug 202541,88363.933.01$5,933
Jul 202591,91766.743.32$6,956
Jun 202541,77366.483.13$5,813
May 202572,08860.553.23$7,173
Apr 202552,18762.363.54$8,061
Mar 202582,30867.704.27$10,393
Feb 202552,17670.884.34$9,800
Jan 202562,48774.324.28$11,087
Dec 202402,73968.993.12$8,549
Nov 202482,64769.052.20$6,372
Oct 202442,59871.372.28$6,213
Sep 2024101,49869.612.36$4,238
Aug 202421,54975.632.06$3,348
Jul 202451,56379.932.15$3,755
Jun 202431,51978.082.63$4,235
May 202441,67978.812.20$4,006
Apr 202461,79484.451.66$3,483
Mar 202431,37180.301.55$2,359
Feb 202411,53676.091.78$2,816
Jan 202421,49773.023.30$5,083
Dec 202311,65171.262.61$4,382
Nov 202331,48577.892.81$4,403
Oct 202351,68985.443.09$5,642
Sep 202341,71389.042.74$5,041
Aug 202321,59380.522.67$4,419
Jul 202341,77074.852.64$4,975
Jun 202341,81568.962.26$4,375
May 202351,87170.622.23$4,521
Apr 202321,77678.122.24$4,131
Mar 202361,91672.852.39$5,022
Feb 202311,75275.112.47$4,395
Jan 202371,46876.533.39$5,509
Dec 202201,88176.415.73$10,776
Nov 202221,63285.005.65$9,385
Oct 202271,93987.185.86$11,980
Sep 202241,88484.888.16$15,720
Aug 202251,85794.529.13$17,422
Jul 202262,033101.587.54$15,943
Jun 202242,104115.097.98$17,244
May 202272,169109.378.43$19,057
Apr 202252,075104.226.84$14,709
Mar 202252,339108.885.08$12,418
Feb 202242,14091.054.86$10,762
Jan 202242,34781.844.54$10,977
Dec 202112,31971.323.90$9,113
Nov 202122,28477.435.24$12,116
Oct 202137279.795.71$651
Sep 2021511669.865.35$970
Aug 202152,59166.024.22$11,266
Jul 202102,11870.783.98$8,434
Jun 202172,23569.493.38$8,042
May 202122,01763.483.02$6,214
Apr 202142,44360.362.76$6,980
Mar 202152,11261.302.72$6,045
Feb 202121,71257.805.55$9,614
Jan 202131,93550.412.81$5,589
Dec 202041,77044.642.68$4,914
Nov 202051,80838.772.71$5,087
Oct 202021,00136.972.48$2,555
Sep 202051,31737.091.99$2,808
Aug 202021,34339.982.39$3,283
Jul 2020499438.371.83$1,968
Jun 202041,34134.901.69$2,406
May 202001,26316.921.81$2,292
Apr 202021,42314.751.80$2,597
Mar 202041,06830.341.86$2,104
Feb 2020087649.881.98$1,735
Jan 202021,33457.252.09$2,909
Dec 2019163259.012.30$1,515
Nov 2019275055.302.75$2,174
Oct 2019161953.472.42$1,551
Sep 2019293055.052.66$2,581
Aug 2019160753.112.30$1,452
Jul 2019024056.272.46$590
Jun 201908452.782.49$209
May 2019012758.482.74$348
Apr 2019012362.632.75$338
Mar 2019011156.803.06$340
Feb 2019010950.852.79$304
Jan 2019011946.033.23$384
Dec 2018011746.594.19$490
Nov 201803052.934.24$127
Oct 201807361.443.40$248
Sep 2018012359.543.11$382
Aug 2018013459.403.07$411
Jul 201818965.142.93$326
Jun 2018117860.183.08$608
May 201809665.382.90$278
Apr 2018114463.842.90$482
Mar 2018015261.222.79$424
Feb 201808461.782.77$232
Jan 2018114562.874.01$644
Dec 2017316857.272.92$663
Nov 2017021755.423.12$677
Oct 2017143549.292.98$1,347
Sep 2017030647.523.09$945
Aug 2017161945.373.00$1,905
Jul 2017131843.873.09$1,026
Jun 2017261842.493.09$1,993
May 2017171745.373.26$2,385
Apr 2017330147.933.21$1,110
Mar 2017262046.772.98$1,943
Feb 2017247750.452.95$1,509
Jan 2017161349.413.42$2,145
Dec 2016236448.763.72$1,453
Nov 2016235142.492.64$1,013
Oct 2016178046.193.09$2,457
Sep 2016276741.553.10$2,461
Aug 2016044141.442.92$1,290
Jul 2016177041.622.92$2,293
Jun 2016245745.352.69$1,318
May 2016066142.521.99$1,316
Apr 2016160236.561.99$1,235
Mar 2016068133.011.79$1,222
Feb 2016059626.472.06$1,230
Jan 2016050127.352.36$1,185
Dec 2015045932.362.00$919
Nov 2015046738.792.17$1,012
Oct 2015026343.552.43$638
Sep 201502742.992.76$74
Aug 201513340.162.87$135
Jul 2015245548.152.95$1,436
Jun 2015058256.152.88$1,678
May 2015095155.212.96$2,811
Apr 2015048849.822.71$1,321
Mar 2015027742.892.93$813
Feb 2015052744.662.98$1,568
Jan 2015255443.433.10$1,805
Dec 2014060654.693.59$2,176
Nov 2014560170.464.25$2,908
Oct 2014356878.303.90$2,451
Sep 2014229586.164.05$1,366
Aug 2014029589.394.04$1,190
Jul 2014029796.564.18$1,241
Jun 2014022598.164.74$1,066
May 2014025494.734.73$1,201
Apr 2014029495.944.81$1,414
Mar 2014039895.895.06$2,013
Feb 2014033797.406.19$2,087
Jan 201401,00690.404.86$4,890
Dec 201302,00991.824.35$8,748
Nov 201302,15788.853.74$8,063
Oct 201302,47197.423.78$9,339
Sep 201302,347104.113.72$8,726
Aug 201302,498104.253.52$8,799
Jul 201302,552102.523.72$9,488
Jun 201302,74294.403.93$10,785
May 201302,89294.834.15$11,999
Apr 201301,71593.964.28$7,345
Mar 2013057493.623.91$2,246
Feb 2013096191.233.42$3,287
Jan 2013085891.603.42$2,934
Dec 2012056386.773.42$1,926
Nov 2012053086.953.62$1,921
Oct 201201,81489.383.40$6,167
Sep 201201,66594.672.92$4,859
Aug 201201,41292.662.91$4,106
Jul 201201,32685.133.02$4,006
Jun 201201,28379.822.52$3,232
May 2012451,38391.612.49$7,564
Apr 2012351,670101.652.00$6,892
Mar 2012482,858105.052.22$11,393
Feb 2012332,528101.102.57$9,834
Jan 20123380998.092.73$5,449
Dec 2011242,64096.873.24$10,878
Nov 2011262,72495.723.31$11,509
Oct 2011532,75984.983.65$14,570
Sep 2011662,83583.623.99$16,819
Aug 2011113,17983.404.15$14,108
Jul 2011171,09194.144.52$6,529
Jun 2011292,35192.904.64$13,602
May 2011242,74398.134.40$14,438
Apr 201102,575105.964.33$11,158
Mar 201102,30196.364.06$9,336
Feb 201102,38485.644.18$9,965
Jan 201102,87486.504.59$13,188
Dec 201002,97585.734.35$12,935
Nov 201012,87480.843.80$10,989
Oct 2010272,94078.103.51$12,425
Sep 2010152,49972.633.98$11,034
Aug 2010233,03073.684.42$15,085
Jul 2010441,79472.554.74$11,689
Jun 2010393,56970.364.91$20,269
May 2010343,81671.124.24$18,580
Apr 20101202,35381.694.12$19,503
Mar 20101752,68478.394.39$25,497
Feb 2010552,39373.585.44$17,070
Jan 2010612,67774.365.96$20,502
Dec 200902,91071.445.48$15,958
Nov 20091203,07274.593.75$20,475
Oct 200903,06172.544.11$12,581
Sep 200903,22065.543.06$9,869
Aug 200903,19867.423.22$10,293
Jul 200902,45461.133.46$8,502
Jun 200902,47966.163.90$9,656
May 2009622,79354.743.93$14,359
Apr 2009902,50646.773.59$13,200
Mar 2009512,18742.144.06$11,026
Feb 2009302,36432.814.63$11,937
Jan 200903,14035.865.37$16,865
Dec 200801,80237.105.98$10,771
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 200402,83739.866.75$19,153
Nov 200401,13645.286.33$7,191
Oct 200402,22449.706.52$14,490
Sep 200402,02543.245.28$10,700
Aug 200402,13942.375.55$11,873
Jul 200402,81438.286.08$17,121
Jun 200401,65136.106.43$10,621
May 200401,49737.486.49$9,722
Apr 200401,95834.475.86$11,471
Mar 200401,23834.365.53$6,846
Feb 200401,56032.455.51$8,595
Jan 200401,90132.036.30$11,976
Dec 200302,01430.266.30$12,692
Nov 200301,72928.804.60$7,945
Oct 200302,66428.174.76$12,680
Sep 200303,93526.314.75$18,689
Aug 200303,39429.765.13$17,410
Jul 200304,53529.415.17$23,450
Jun 200302,17828.565.98$13,031
May 200362,46326.595.97$14,870
Apr 200392,97026.675.41$16,300
Mar 2003103,17831.146.10$19,685
Feb 200382,61333.487.93$20,978
Jan 2003113,29630.315.58$18,732
Dec 200293,53526.914.85$17,400
Nov 200293,01924.664.14$12,711
Oct 2002132,18426.464.23$9,580
Sep 2002114,25627.443.64$15,773
Aug 2002114,78625.963.16$15,429
Jul 2002124,41624.583.06$13,816
Jun 2002115,35223.733.34$18,127
May 200295,73724.663.58$20,783
Apr 2002133,95923.653.51$14,213
Mar 2002125,39122.003.10$16,991
Feb 200205,44318.222.38$12,931
Jan 200203,99417.172.38$9,488
Dec 200104,77516.932.36$11,290
Nov 200104,44518.072.41$10,693
Oct 200102,79119.782.53$7,058
Sep 200102,74624.262.25$6,182
Aug 200103,04424.873.05$9,294
Jul 200103,98423.933.20$12,737
Jun 200103,67724.563.82$14,061
May 200103,90525.524.31$16,820
Apr 200103,13624.685.34$16,732
Mar 200102,90824.545.38$15,635
Feb 200101227.755.77$69
Jan 2001075227.478.40$6,316
Dec 200001,73626.889.12$15,837
Nov 200001,51632.215.66$8,578
Oct 200002,35431.235.15$12,113
Sep 200002,03231.875.19$10,539
Aug 200003,51729.644.54$15,970
Jul 200002,38228.534.09$9,742
Jun 200002,17829.304.40$9,577
May 200002,28727.263.68$8,416
Apr 200002,21824.513.12$6,911
Mar 200002,96828.422.86$8,488
Feb 200002,62327.622.73$7,152
Jan 200002,78825.272.48$6,916
Dec 199904,34524.282.42$10,531
Nov 199901,37323.192.43$3,342
Oct 199905,21620.982.80$14,624
Sep 199906,86621.752.62$17,981
Aug 199904,60919.262.88$13,254
Jul 199913,35517.892.37$7,977
Jun 199923,26415.942.36$7,742
May 199943,60615.792.32$8,433
Apr 199943,29115.102.21$7,327
Mar 199985,56612.471.84$10,332
Feb 199976,1149.981.82$11,184
Jan 199975,89910.381.90$11,280
Dec 1998137,6109.201.77$13,615
Nov 1998128,66910.892.19$19,079
Oct 199899,19612.421.97$18,221
Sep 199814,27012.592.08$8,905
Aug 199817,59711.301.91$14,501
Jul 199837,35911.742.24$16,499
Jun 199845,31911.242.24$11,945
May 199814,80712.622.21$10,619
Apr 199835,72313.042.51$14,377
Mar 199836,01212.802.31$13,923
Feb 199823,75013.952.30$8,650
Jan 199835,75614.702.15$12,447
Dec 199733,54716.322.41$8,601
Nov 199734,42518.193.09$13,720
Oct 199743,82919.253.15$12,138
Sep 1997144317.742.95$1,327
Aug 199734,02217.862.55$10,329
Jul 199743,68117.582.25$8,341
Jun 199721,58517.242.26$3,612
May 199741,17718.972.31$2,793
Apr 1997294417.882.08$2,002
Mar 199764,02818.951.94$7,925
Feb 1997107,35720.492.21$16,434
Jan 19971610,59523.483.54$37,879
Dec 19962711,77823.32$630
Nov 19963614,95021.97$791
Oct 19962613,00023.31$606
Sep 199606,31722.22$0
Aug 199606,55120.26$0
Jul 199605,79419.55$0
Jun 199608,92518.73$0
May 1996010,15719.43$0
Apr 19962910,33521.51$624
Mar 19963911,37819.38$756
Feb 19964711,52016.98$798
Jan 1996445,21617.07$751
Dec 19958212,99417.19$1,410
Nov 19956212,99316.00$992
Oct 19954313,58015.43$663
Sep 1995016,27816.18$0
Aug 1995022,00615.92$0
Jul 1995015,01415.24$0
Jun 1995015,61516.41$0
May 1995011,67017.56$0
Apr 1995016,80417.73$0
Mar 1995016,04116.44$0
Feb 19956719,03316.58$1,111
Jan 199528418,65415.92$4,521
Dec 199429827,01015.03$4,479
Nov 199441524,63815.90$6,599
Oct 199417927,78815.58$2,789
Sep 199415117,39415.29$2,309
Aug 1994021,50016.13$0
Jul 1994031,24017.56$0
Jun 1994037,28317.09$0
May 199425943,08415.88$4,113
Apr 199464937,06014.14$9,177
Mar 199439254,52812.46$4,884
Feb 199423111,39612.50$2,888
Jan 199431211,69112.66$3,950
Dec 199348531,73012.33$5,980

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             3 bbl  × $106.41 =       $319
Gas                1,498 Mcf  × $  3.05 =     $4,563

────────────────────────────────────────────────────
Month total                                   $4,882

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/147478 is the state's own key, not one this site invented.