VERGARA

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 151265District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$77 k
May 1994 – Jan 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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 Gas111994-10-21130260
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
CondensateDisposition816 bbl$14,152
GasProduction66,560 Mcf$63,051
Total$77,203

44,859 Mcf of this lease's gas, across 32 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 27.5662, -99.1125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56615, -99.11250 · 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
10,711 ft
1 wells filed one
Completion to plug
9.7 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 10,711 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Jan 2004
1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936018310,711 ftMay 1994Jan 2004Yes

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 (117)

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

117 months

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 2002013417.172.38$318
Dec 2001012416.932.36$293
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200102224.873.05$67
Jul 200104723.933.20$150
Jun 2001022524.563.82$860
May 2001025525.524.31$1,098
Apr 2001031624.685.34$1,686
Mar 2001028024.545.38$1,505
Feb 2001014527.755.77$836
Jan 2001029627.478.40$2,486
Dec 2000029526.889.12$2,691
Nov 2000024432.215.66$1,381
Oct 2000025431.235.15$1,307
Sep 2000025631.875.19$1,328
Aug 2000027429.644.54$1,244
Jul 2000032328.534.09$1,321
Jun 2000030829.304.40$1,354
May 2000032427.263.68$1,192
Apr 2000030024.513.12$935
Mar 2000028528.422.86$815
Feb 2000032327.622.73$881
Jan 2000034325.272.48$851
Dec 1999037024.282.42$897
Nov 1999034923.192.43$849
Oct 1999037520.982.80$1,051
Sep 1999035921.752.62$940
Aug 1999036719.262.88$1,055
Jul 1999043017.892.37$1,020
Jun 1999039215.942.36$926
May 1999039415.792.32$914
Apr 1999034915.102.21$771
Mar 1999040012.471.84$735
Feb 199903599.981.82$653
Jan 1999045210.381.90$859
Dec 199804479.201.77$793
Nov 1998046310.892.19$1,012
Oct 1998043612.421.97$859
Sep 1998043412.592.08$904
Aug 1998045811.301.91$874
Jul 1998044211.742.24$989
Jun 1998046611.242.24$1,043
May 1998049012.622.21$1,081
Apr 1998048713.042.51$1,220
Mar 1998052512.802.31$1,212
Feb 1998043613.952.30$1,002
Jan 1998050514.702.15$1,088
Dec 1997047616.322.41$1,148
Nov 1997048218.193.09$1,489
Oct 1997048919.253.15$1,540
Sep 1997045417.742.95$1,342
Aug 1997051117.862.55$1,305
Jul 1997052417.582.25$1,177
Jun 1997051417.242.26$1,160
May 1997753318.972.31$1,363
Apr 1997252317.882.08$1,125
Mar 1997456018.951.94$1,162
Feb 1997550720.492.21$1,221
Jan 1997657023.483.54$2,159
Dec 1996357023.32$70
Nov 1996357521.97$66
Oct 19961059923.31$233
Sep 1996557422.22$111
Aug 1996256820.26$41
Jul 19969255919.55$1,799
Jun 1996153418.73$19
May 1996556419.43$97
Apr 1996257521.51$43
Mar 1996765019.38$136
Feb 19961467616.98$238
Jan 1996382317.07$51
Dec 1995269217.19$34
Nov 1995465016.00$64
Oct 1995980115.43$139
Sep 1995576316.18$81
Aug 1995584915.92$80
Jul 1995790115.24$107
Jun 1995157616.41$16
May 1995368117.56$53
Apr 1995385417.73$53
Mar 199521,09616.44$33
Feb 199513195816.58$2,172
Jan 199541,10515.92$64
Dec 199451,51015.03$75
Nov 199451,68415.90$80
Oct 199442,19015.58$62
Sep 1994712,41115.29$1,086
Aug 1994603,29216.13$968
Jul 19941263,94417.56$2,213
Jun 19941986,32417.09$3,384
May 199406,31115.88$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.

Jan 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.17 =         $0
Gas                  134 Mcf  × $  2.38 =       $318

────────────────────────────────────────────────────
Month total                                     $318

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/151265 is the state's own key, not one this site invented.