VAQUILLAS RANCH A

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 154333District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
May 1995 – Apr 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
168
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 Gas221995-06-28 – 2002-04-162 dockets
NGPA2none

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
CondensateDisposition4,686 bbl$82,830
GasProduction892,831 Mcf$1,757,392
Total$1,840,222

386,550 Mcf of this lease's gas, across 20 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 27.5775, -99.0454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57753, -99.04543 · 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
11,100 ft
1 wells filed one
Completion to plug
13.9 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 11,100 ft.

Completions filed
May 1995
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479336493711,100 ftMay 1995Apr 2009Yes

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 (168)

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

168 months

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 200505561.519.80$539
Jul 200504,11255.697.84$32,253
Jun 200504,52752.337.38$33,414
May 200502,56845.226.65$17,080
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004058239.866.75$3,929
Nov 200402,96945.286.33$18,795
Oct 200402,08949.706.52$13,610
Sep 200402,91343.245.28$15,392
Aug 200403,18342.375.55$17,668
Jul 200402,81638.286.08$17,133
Jun 200402,11836.106.43$13,625
May 200402,57837.486.49$16,743
Apr 200403,03834.475.86$17,798
Mar 200402,11734.365.53$11,707
Feb 200402,07632.455.51$11,438
Jan 200402,99232.036.30$18,849
Dec 200303,86430.266.30$24,350
Nov 200303,77528.804.60$17,347
Oct 200304,42428.174.76$21,057
Sep 2003122,93526.314.75$14,255
Aug 2003143,90029.765.13$20,423
Jul 2003132,68629.415.17$14,271
Jun 2003113,00328.565.98$18,281
May 2003253,82626.595.97$23,516
Apr 2003183,70926.675.41$20,536
Mar 2003143,45231.146.10$21,479
Feb 200304,33633.487.93$34,367
Jan 200302,32930.315.58$13,001
Dec 200203,22426.914.85$15,649
Nov 200204,03024.664.14$16,672
Oct 200204,22126.464.23$17,851
Sep 200203,46227.443.64$12,585
Aug 200203,73225.963.16$11,809
Jul 200204,04724.583.06$12,391
Jun 200203,49023.733.34$11,650
May 200204,42624.663.58$15,863
Apr 200204,49523.653.51$15,788
Mar 200223,90622.003.10$12,163
Feb 200223,92718.222.38$9,366
Jan 200254,37017.172.38$10,468
Dec 200144,05816.932.36$9,662
Nov 200144,02218.072.41$9,747
Oct 200144,22419.782.53$10,761
Sep 2001154,63124.262.25$10,790
Aug 2001224,95424.873.05$15,672
Jul 2001174,69723.933.20$15,423
Jun 2001244,62624.563.82$18,280
May 2001354,53925.524.31$20,444
Apr 2001264,59024.685.34$25,131
Mar 2001274,01124.545.38$22,227
Feb 2001193,92427.755.77$23,157
Jan 2001354,32627.478.40$37,294
Dec 2000344,69526.889.12$43,744
Nov 2000324,76732.215.66$28,002
Oct 2000345,11831.235.15$27,396
Sep 2000194,81431.875.19$25,573
Aug 200005,04829.644.54$22,922
Jul 200005,24028.534.09$21,430
Jun 200004,99229.304.40$21,951
May 200005,58127.263.68$20,537
Apr 200004,80724.513.12$14,979
Mar 200005,56028.422.86$15,900
Feb 200005,09927.622.73$13,902
Jan 200005,27725.272.48$13,090
Dec 1999114,91624.282.42$12,182
Nov 1999644,78123.192.43$13,121
Oct 1999685,59420.982.80$17,111
Sep 1999706,03021.752.62$17,314
Aug 1999524,67519.262.88$14,445
Jul 1999705,84917.892.37$15,128
Jun 1999325,83915.942.36$14,302
May 1999365,96215.792.32$14,406
Apr 1999416,68315.102.21$15,376
Mar 1999556,70112.471.84$13,005
Feb 1999386,1059.981.82$11,477
Jan 1999437,64710.381.90$14,975
Dec 1998448,3739.201.77$15,253
Nov 1998408,86110.892.19$19,803
Oct 1998329,96812.421.97$20,027
Sep 1998107,42812.592.08$15,596
Aug 1998425,81111.301.91$11,558
Jul 1998104,98011.742.24$11,259
Jun 1998124,71411.242.24$10,681
May 1998115,41812.622.21$12,093
Apr 1998115,65313.042.51$14,306
Mar 1998166,58512.802.31$15,412
Feb 1998227,43813.952.30$17,408
Jan 19983010,01114.702.15$22,013
Dec 1997298,24016.322.41$20,341
Nov 199705,04418.193.09$15,577
Oct 1997010,12519.253.15$31,892
Sep 199709,70717.742.95$28,683
Aug 1997010,35517.862.55$26,454
Jul 1997010,08617.582.25$22,663
Jun 199708,33917.242.26$18,823
May 199709,25418.972.31$21,363
Apr 199707,59317.882.08$15,815
Mar 199709,46418.951.94$18,352
Feb 199708,71920.492.21$19,233
Jan 199709,43123.483.54$33,383
Dec 1996010,53623.32$0
Nov 199609,46621.97$0
Oct 1996010,48823.31$0
Sep 199608,50322.22$0
Aug 19963510,13820.26$709
Jul 199612310,63219.55$2,405
Jun 199610112,92618.73$1,892
May 199610815,09119.43$2,098
Apr 199610920,60521.51$2,345
Mar 19969518,16819.38$1,841
Feb 199616526,34316.98$2,802
Jan 199614820,78517.07$2,526
Dec 199513316,66617.19$2,286
Nov 199511316,96216.00$1,808
Oct 199523621,92915.43$3,641
Sep 199544222,41816.18$7,152
Aug 199563427,72115.92$10,093
Jul 199522033,83415.24$3,353
Jun 199536032,34116.41$5,908
May 199530840,99817.56$5,408

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.

Aug 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.51 =         $0
Gas                   55 Mcf  × $  9.80 =       $539

────────────────────────────────────────────────────
Month total                                     $539

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/154333 is the state's own key, not one this site invented.