VERGARA

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 151270District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Sep 1994 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
381
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 Gas111994-10-21130868
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
CondensateDisposition75,369 bbl$1,457,792
GasProduction3,491,882 Mcf$4,974,932
Total$6,432,724

2,036,849 Mcf of this lease's gas, across 28 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 27.5602, -99.1101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56022, -99.11007 · 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
10,100 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 10,100 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-47936117410,100 ftSep 1994

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 (381)

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

381 months

May 202632,447106.413.05$7,772
Apr 202632,32998.932.87$6,980
Mar 20261102,34389.753.15$17,252
Feb 202622,12563.503.75$8,096
Jan 202622,35259.138.00$18,929
Dec 202512,42256.664.41$10,746
Nov 202532,33058.593.93$9,324
Oct 202512,51359.383.30$8,364
Sep 202522,45262.743.08$7,670
Aug 202522,47663.933.01$7,592
Jul 202562,37566.743.32$8,274
Jun 202532,53166.483.13$8,118
May 202542,61460.553.23$8,691
Apr 202542,66462.363.54$9,688
Mar 2025942,69567.704.27$17,867
Feb 202542,38970.884.34$10,654
Jan 202552,79374.324.28$12,322
Dec 202402,94868.993.12$9,202
Nov 202442,68569.052.20$6,179
Oct 202442,25271.372.28$5,423
Sep 2024112,93969.612.36$7,715
Aug 202422,69875.632.06$5,719
Jul 202473,15579.932.15$7,332
Jun 202463,23578.082.63$8,989
May 202473,41778.812.20$8,064
Apr 2024113,31884.451.66$6,434
Mar 202483,45680.301.55$5,982
Feb 202433,45476.091.78$6,389
Jan 202463,47573.023.30$11,897
Dec 202333,78671.262.61$10,098
Nov 202363,90377.892.81$11,425
Oct 2023113,83985.443.09$12,792
Sep 202383,78989.042.74$11,075
Aug 202364,03080.522.67$11,255
Jul 2023104,16874.852.64$11,760
Jun 2023134,23868.962.26$10,468
May 2023124,60870.622.23$11,111
Apr 202344,45178.122.24$10,273
Mar 2023154,60672.852.39$12,116
Feb 202344,34875.112.47$11,021
Jan 2023214,84276.533.39$18,010
Dec 202255,09976.415.73$29,595
Nov 202245,20285.005.65$29,712
Oct 2022165,73687.185.86$35,029
Sep 2022105,78184.888.16$48,043
Aug 2022105,86994.529.13$54,513
Jul 202224,397101.587.54$33,366
Jun 20221330115.097.98$2,748
May 20220239109.378.43$2,016
Apr 20221323104.226.84$2,313
Mar 20221235108.885.08$1,302
Feb 2022010991.054.86$530
Jan 2022127781.844.54$1,339
Dec 2021033871.323.90$1,318
Nov 2021134377.435.24$1,874
Oct 2021037379.795.71$2,131
Sep 2021124269.865.35$1,365
Aug 2021227466.024.22$1,288
Jul 2021020470.783.98$812
Jun 2021122969.493.38$844
May 2021030363.483.02$914
Apr 2021029560.362.76$814
Mar 20211031461.302.72$1,466
Feb 2021032157.805.55$1,781
Jan 2021027150.412.81$762
Dec 2020026844.642.68$717
Nov 2020125938.772.71$740
Oct 2020127736.972.48$724
Sep 2020124937.091.99$533
Aug 2020027039.982.39$644
Jul 2020132738.371.83$635
Jun 2020129334.901.69$530
May 202004116.921.81$74
Apr 2020020214.751.80$364
Mar 2020018630.341.86$345
Feb 2020017849.881.98$353
Jan 2020020357.252.09$425
Dec 2019117259.012.30$455
Nov 2019116455.302.75$506
Oct 201908553.472.42$206
Sep 2019012055.052.66$319
Aug 2019013653.112.30$313
Jul 2019014856.272.46$364
Jun 20191517052.782.49$1,215
May 2019118158.482.74$554
Apr 2019016262.632.75$446
Mar 2019125156.803.06$825
Feb 2019112550.852.79$400
Jan 2019016646.033.23$536
Dec 2018015046.594.19$628
Nov 2018017352.934.24$733
Oct 2018017161.443.40$581
Sep 2018019659.543.11$609
Aug 2018023859.403.07$730
Jul 2018025965.142.93$759
Jun 2018037960.183.08$1,166
May 201807765.382.90$223
Apr 2018026363.842.90$763
Mar 2018018661.222.79$518
Feb 2018022461.782.77$620
Jan 2018025162.874.01$1,006
Dec 2017823257.272.92$1,136
Nov 2017019655.423.12$611
Oct 2017022549.292.98$671
Sep 2017024947.523.09$769
Aug 2017022145.373.00$664
Jul 2017025143.873.09$775
Jun 20172924942.493.09$2,001
May 2017029145.373.26$950
Apr 2017018947.933.21$607
Mar 2017020246.772.98$603
Feb 2017019050.452.95$561
Jan 2017030249.413.42$1,032
Dec 2016030148.763.72$1,121
Nov 20163227942.492.64$2,097
Oct 2016044446.193.09$1,372
Sep 201601,33641.553.10$4,142
Aug 201603,26641.442.92$9,551
Jul 201602,61841.622.92$7,656
Jun 201604,30445.352.69$11,560
May 201604,51542.521.99$8,990
Apr 201604,05536.561.99$8,074
Mar 201604,19833.011.79$7,531
Feb 201604,36226.472.06$9,002
Jan 2016124,78627.352.36$11,644
Dec 201504,57932.362.00$9,164
Nov 2015864,05138.792.17$12,116
Oct 201503,38543.552.43$8,214
Sep 2015674,07142.992.76$14,110
Aug 201504,21040.162.87$12,093
Jul 201503,57348.152.95$10,523
Jun 201503,83356.152.88$11,050
May 2015342,38255.212.96$8,917
Apr 201502,55749.822.71$6,921
Mar 20151133,62942.892.93$15,497
Feb 201503,15244.662.98$9,381
Jan 201503,22443.433.10$9,996
Dec 20141014,28954.693.59$20,927
Nov 201404,65570.464.25$19,792
Oct 201404,78578.303.90$18,666
Sep 201404,69686.164.05$18,997
Aug 20141024,87889.394.04$28,801
Jul 201405,01796.564.18$20,969
Jun 201404,85198.164.74$22,979
May 2014595,03194.734.73$29,368
Apr 201404,77895.944.81$22,978
Mar 20141233,02995.895.06$27,112
Feb 2014017097.406.19$1,053
Jan 2014017590.404.86$851
Dec 2013048791.824.35$2,121
Nov 2013054088.853.74$2,019
Oct 2013045897.423.78$1,731
Sep 20130765104.113.72$2,844
Aug 201301,068104.253.52$3,762
Jul 20130242102.523.72$900
Jun 2013017094.403.93$669
May 2013024294.834.15$1,004
Apr 2013012993.964.28$552
Mar 2013031893.623.91$1,244
Feb 2013075191.233.42$2,568
Jan 2013284,76191.603.42$18,847
Dec 201205,40786.773.42$18,493
Nov 201202,83286.953.62$10,266
Oct 2012048389.383.40$1,642
Sep 201201,40794.672.92$4,106
Aug 201201,40492.662.91$4,083
Jul 20121343,16685.133.02$20,971
Jun 201203,40879.822.52$8,585
May 201203,87591.612.49$9,642
Apr 201205,546101.652.00$11,074
Mar 20121395,758105.052.22$27,397
Feb 201204,781101.102.57$12,288
Jan 201205,04298.092.73$13,785
Dec 20111415,82296.873.24$32,520
Nov 2011285,67995.723.31$21,485
Oct 201106,13484.983.65$22,380
Sep 201105,62183.623.99$22,404
Aug 201106,64683.404.15$27,576
Jul 201106,03694.144.52$27,266
Jun 201101,60292.904.64$7,433
May 20114746298.134.40$6,647
Apr 201105,313105.964.33$23,023
Mar 201106,49996.364.06$26,369
Feb 2011602,33685.644.18$14,903
Jan 201107,30386.504.59$33,512
Dec 2010438,18285.734.35$39,260
Nov 201007,54780.843.80$28,643
Oct 2010369,14478.103.51$34,897
Sep 201009,69872.633.98$38,593
Aug 2010010,55473.684.42$46,642
Jul 201006,35872.554.74$30,115
Jun 2010018370.364.91$899
May 2010033071.124.24$1,398
Apr 2010062381.694.12$2,568
Mar 20106216978.394.39$5,602
Feb 2010042173.585.44$2,291
Jan 2010037474.365.96$2,231
Dec 2009034371.445.48$1,881
Nov 2009031974.593.75$1,197
Oct 2009041372.544.11$1,698
Sep 2009039765.543.06$1,217
Aug 2009041467.423.22$1,332
Jul 2009039661.133.46$1,372
Jun 2009041966.163.90$1,632
May 2009045454.743.93$1,782
Apr 2009036846.773.59$1,320
Mar 2009039042.144.06$1,583
Feb 2009037932.814.63$1,756
Jan 2009029335.865.37$1,574
Dec 2008054837.105.98$3,275
Nov 2008023055.496.86$1,578
Oct 2008027675.246.92$1,910
Sep 20080367101.767.88$2,891
Aug 20080351114.228.48$2,978
Jul 20080506131.0811.39$5,763
Jun 20080462131.3313.03$6,021
May 20080573123.1711.57$6,632
Apr 20080678110.3110.45$7,088
Mar 20080680101.909.66$6,572
Feb 2008581,95392.538.77$22,496
Jan 2008595,28890.388.21$48,724
Dec 200704,54988.337.30$33,217
Nov 200703,18291.677.29$23,202
Oct 200705,23382.856.92$36,223
Sep 2007716,52375.846.24$46,115
Aug 200705,54469.066.39$35,415
Jul 20071026,48970.906.39$48,683
Jun 2007735,40062.007.55$45,288
May 200708,00658.747.85$62,817
Apr 20071356,15459.617.81$56,081
Mar 200702,00856.927.30$14,662
Feb 2007526,86855.108.22$59,293
Jan 2007435,21250.306.73$37,223
Dec 2006705,87856.656.92$44,632
Nov 2006424,22554.207.62$34,460
Oct 2006464,20854.906.01$27,831
Sep 20061379,25960.085.04$54,870
Aug 2006817,09768.717.34$57,657
Jul 2006013369.376.34$844
Jun 2006029866.286.38$1,902
May 2006030066.016.42$1,928
Apr 2006032464.397.36$2,385
Mar 2006036156.707.08$2,557
Feb 2006034357.597.75$2,659
Jan 20064651560.598.93$7,388
Dec 2005055654.9413.42$7,459
Nov 2005070954.6910.59$7,507
Oct 2005061858.3413.80$8,526
Sep 2005012461.4512.08$1,498
Aug 2005015461.519.80$1,509
Jul 2005033755.697.84$2,643
Jun 2005026952.337.38$1,986
May 20057540145.226.65$6,059
Apr 20050049.207.36$0
Mar 2005045650.377.15$3,263
Feb 2005019545.226.31$1,231
Jan 2005050143.166.32$3,167
Dec 2004026639.866.75$1,796
Nov 2004049445.286.33$3,127
Oct 2004039149.706.52$2,547
Sep 2004022043.245.28$1,162
Aug 2004028542.375.55$1,582
Jul 2004045138.286.08$2,744
Jun 2004894,07236.106.43$29,408
May 200402,90837.486.49$18,886
Apr 200401,42234.475.86$8,331
Mar 20041237,21334.365.53$44,115
Feb 2004563,30732.455.51$20,038
Jan 200401832.036.30$113
Dec 20030030.266.30$0
Nov 2003092128.804.60$4,232
Oct 2003095828.174.76$4,560
Sep 2003095826.314.75$4,550
Aug 200301,04529.765.13$5,361
Jul 2003096829.415.17$5,005
Jun 2003571,21028.565.98$8,867
May 200301,05826.595.97$6,319
Apr 200301,17826.675.41$6,370
Mar 200301,09031.146.10$6,645
Feb 2003087933.487.93$6,967
Jan 200302,02130.315.58$11,281
Dec 2002705,13126.914.85$26,788
Nov 2002726,09824.664.14$27,003
Oct 2002533,78726.464.23$17,418
Sep 2002587,40127.443.64$28,496
Aug 2002753,46825.963.16$12,920
Jul 2002847,37724.583.06$24,651
Jun 2002764,31823.733.34$16,218
May 200205,29124.663.58$18,963
Apr 20021337,13323.653.51$28,199
Mar 2002915,44222.003.10$18,887
Feb 2002718,08918.222.38$20,511
Jan 2002936,52217.172.38$17,091
Dec 200102,71316.932.36$6,415
Nov 20011086,15618.072.41$16,760
Oct 2001828,66819.782.53$23,542
Sep 20011374,54824.262.25$13,563
Aug 200102,73024.873.05$8,335
Jul 2001943,24123.933.20$12,611
Jun 200102,73024.563.82$10,440
May 2001095525.524.31$4,113
Apr 200101,05824.685.34$5,645
Mar 2001994,42224.545.38$26,204
Feb 2001077127.755.77$4,446
Jan 200102,85927.478.40$24,012
Dec 20001557,46226.889.12$72,239
Nov 20001397,24532.215.66$45,469
Oct 200005,64131.235.15$29,026
Sep 20001327,32031.875.19$42,172
Aug 20001217,57129.644.54$37,964
Jul 200008,06028.534.09$32,963
Jun 20001058,61329.304.40$40,950
May 20001508,28827.263.68$34,587
Apr 2000768,88324.513.12$29,542
Mar 20001499,98828.422.86$32,798
Feb 20001638,77027.622.73$28,413
Jan 2000010,34925.272.48$25,671
Dec 199916610,62724.282.42$29,787
Nov 199915511,06723.192.43$30,531
Oct 199915210,74920.982.80$33,326
Sep 199921912,55621.752.62$37,646
Aug 199906,96819.262.88$20,037
Jul 19991504,23117.892.37$12,721
Jun 199906,26415.942.36$14,796
May 19991418,54015.792.32$22,048
Apr 19991609,36215.102.21$23,088
Mar 199917012,55512.471.84$25,200
Feb 199916912,4159.981.82$24,254
Jan 199917814,48110.381.90$29,361
Dec 199816214,7859.201.77$27,709
Nov 199815512,79610.892.19$29,656
Oct 199815821,05812.421.97$43,430
Sep 199832628,36912.592.08$63,186
Aug 199815222,44311.301.91$44,524
Jul 199816128,01011.742.24$64,556
Jun 199829833,72011.242.24$78,790
May 199816620,42412.622.21$47,157
Apr 199832521,13613.042.51$57,191
Mar 199832321,73312.802.31$54,325
Feb 199833313,16413.952.30$34,911
Jan 199834416,27814.702.15$40,132
Dec 199717216,24216.322.41$41,968
Nov 199733717,19118.193.09$59,220
Oct 199751419,46819.253.15$71,215
Sep 199728216,45717.742.95$53,631
Aug 199732416,69117.862.55$48,428
Jul 199731521,22917.582.25$53,238
Jun 199731421,41217.242.26$53,745
May 199745023,50918.972.31$62,807
Apr 199742523,05817.882.08$55,624
Mar 199746724,96218.951.94$57,254
Feb 199748924,27220.492.21$63,561
Jan 199765329,32323.483.54$119,127
Dec 199648125,73223.32$11,217
Nov 199660529,71621.97$13,292
Oct 199656932,92823.31$13,263
Sep 199658231,89922.22$12,932
Aug 199663234,53720.26$12,804
Jul 199668236,83319.55$13,333
Jun 199679937,41918.73$14,965
May 199670440,56419.43$13,679
Apr 199683942,73621.51$18,047
Mar 199690048,88119.38$17,442
Feb 199672648,95516.98$12,327
Jan 199690956,80217.07$15,517
Dec 19951,01962,57317.19$17,517
Nov 19951,34664,84916.00$21,536
Oct 19951,42675,41515.43$22,003
Sep 19951,47477,69716.18$23,849
Aug 19951,99990,85015.92$31,824
Jul 19952,311107,21215.24$35,220
Jun 19952,744114,57216.41$45,029
May 19953,251102,97417.56$57,088
Apr 19953,865112,24517.73$68,526
Mar 19954,102113,94016.44$67,437
Feb 19953,97099,61616.58$65,823
Jan 19954,577110,05415.92$72,866
Dec 19945,030121,28015.03$75,601
Nov 19945,987129,31915.90$95,193
Oct 19946,851145,46515.58$106,739
Sep 19941,67741,78615.29$25,641

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                2,447 Mcf  × $  3.05 =     $7,453

────────────────────────────────────────────────────
Month total                                   $7,772

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/151270 is the state's own key, not one this site invented.