VAQUILLAS RANCH "L"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BENAVIDES (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155352District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Aug 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
370
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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas111995-11-17133340
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
CondensateDisposition210,810 bbl$3,851,501
GasProduction6,830,426 Mcf$9,098,699
Total$12,950,200

3,734,979 Mcf of this lease's gas, across 17 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 27.5953, -99.1509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59532, -99.15085 · 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
9,500 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 9,500 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-479363131339,500 ftAug 1995

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 (370)

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

370 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
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 200702462.007.55$181
May 200705558.747.85$432
Apr 2007010359.617.81$804
Mar 2007011356.927.30$825
Feb 2007010355.108.22$846
Jan 200705950.306.73$397
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200606254.906.01$373
Sep 200609060.085.04$453
Aug 2006032468.717.34$2,378
Jul 2006031269.376.34$1,979
Jun 2006013366.286.38$849
May 2006013266.016.42$848
Apr 200603264.397.36$236
Mar 200607256.707.08$510
Feb 2006014157.597.75$1,093
Jan 2006015060.598.93$1,340
Dec 2005010554.9413.42$1,409
Nov 200501954.6910.59$201
Oct 2005015858.3413.80$2,180
Sep 200507561.4512.08$906
Aug 200501,05261.519.80$10,306
Jul 2005013855.697.84$1,082
Jun 2005060352.337.38$4,451
May 200506645.226.65$439
Apr 200505049.207.36$368
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 200403242.375.55$178
Jul 200408538.286.08$517
Jun 2004061536.106.43$3,956
May 200402437.486.49$156
Apr 200405634.475.86$328
Mar 200407334.365.53$404
Feb 200405632.455.51$309
Jan 200406,50732.036.30$40,992
Dec 2003012,55230.266.30$79,098
Nov 200305,71528.804.60$26,261
Oct 2003252,49928.174.76$12,599
Sep 20031144,25326.314.75$23,198
Aug 2003822,15529.765.13$13,495
Jul 200351921,58229.415.17$126,861
Jun 200355022,85828.565.98$152,467
May 200351024,69326.595.97$161,044
Apr 200356622,41726.675.41$136,310
Mar 200361830,42131.146.10$204,692
Feb 200342925,27533.487.93$214,690
Jan 200363630,72730.315.58$190,797
Dec 200256331,67226.914.85$168,879
Nov 200259129,44724.664.14$136,395
Oct 200265627,79226.464.23$134,893
Sep 200251627,49927.443.64$114,123
Aug 2002473,36525.963.16$11,868
Jul 20022821024.583.06$1,331
Jun 20021278,85423.733.34$32,570
May 2002212724.663.58$504
Apr 200201023.653.51$35
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200211617.172.38$55
Dec 20018822116.932.36$2,012
Nov 20013994,66718.072.41$18,436
Oct 200152124,40219.782.53$72,015
Sep 200137918,46824.262.25$50,772
Aug 200128217,96724.873.05$61,869
Jul 2001271,40523.933.20$5,138
Jun 2001392,07424.563.82$8,889
May 2001924,13725.524.31$20,167
Apr 200131716,91924.685.34$98,092
Mar 200147324,56424.545.38$143,674
Feb 200140422,06527.755.77$138,462
Jan 2001676,04527.478.40$52,611
Dec 2000812,62826.889.12$26,151
Nov 200048420,34132.215.66$130,679
Oct 200073527,08831.235.15$162,335
Sep 20005631,87731.875.19$167,115
Aug 20006336,20329.644.54$166,256
Jul 20006436,26828.534.09$150,153
Jun 20004120,47629.304.40$91,239
May 20006228,22227.263.68$105,540
Apr 20007732,17424.513.12$102,141
Mar 20003331,91928.422.86$92,218
Feb 20003833,77527.622.73$93,137
Jan 20004739,76925.272.48$99,835
Dec 19994636,58024.282.42$89,777
Nov 19995435,28623.192.43$87,138
Oct 19995536,35120.982.80$103,072
Sep 19992621,18021.752.62$56,033
Aug 199905,63219.262.88$16,195
Jul 1999030,76717.892.37$72,991
Jun 1999045015.942.36$1,063
May 19991015.792.32$16
Apr 19991415,70715.102.21$34,893
Mar 19995146,61512.471.84$86,330
Feb 19993645,8379.981.82$83,681
Jan 19994245,90410.381.90$87,651
Dec 1998753,2699.201.77$94,527
Nov 1998753,92010.892.19$117,930
Oct 1998758,45512.421.97$115,197
Sep 1998755,27212.592.08$115,199
Aug 1998851,17711.301.91$97,703
Jul 19983476,39311.742.24$171,311
Jun 199842081,88611.242.24$187,922
May 199845185,33112.622.21$193,961
Apr 199848881,31013.042.51$210,072
Mar 19981,08188,66312.802.31$218,599
Feb 199892082,36013.952.30$202,190
Jan 199898092,42814.702.15$213,569
Dec 199774562,46716.322.41$162,773
Nov 19971,56743,15418.193.09$161,775
Oct 19971,72859,69619.253.15$221,296
Sep 19971,98977,77617.742.95$265,104
Aug 19971,47084,40217.862.55$241,879
Jul 19971,52791,92417.582.25$233,392
Jun 19972,09298,91017.242.26$259,326
May 19972,193104,33918.972.31$282,468
Apr 19972,730109,74717.882.08$277,391
Mar 19972,490115,56018.951.94$271,273
Feb 19971,664109,92120.492.21$276,570
Jan 19973,110127,34623.483.54$523,789
Dec 19963,052136,30523.32$71,173
Nov 19963,358144,61321.97$73,775
Oct 19963,498154,58223.31$81,538
Sep 19963,885158,20922.22$86,325
Aug 19964,543177,38420.26$92,041
Jul 19964,473198,50819.55$87,447
Jun 19965,141240,41618.73$96,291
May 19966,576255,71319.43$127,772
Apr 19968,352263,04021.51$179,652
Mar 199610,890284,75919.38$211,048
Feb 199612,346285,62116.98$209,635
Jan 199616,296338,87717.07$278,173
Dec 199520,545293,15517.19$353,169
Nov 19956,29074,78616.00$100,640
Oct 199520,198274,92315.43$311,655
Sep 199524,176259,26816.18$391,168
Aug 199517,702194,82015.92$281,816

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.

Jun 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.00 =         $0
Gas                   24 Mcf  × $  7.55 =       $181

────────────────────────────────────────────────────
Month total                                     $181

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/155352 is the state's own key, not one this site invented.