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 155465District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 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 Gas111995-11-29133342
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
CondensateDisposition10,985 bbl$202,652
GasProduction649,931 Mcf$857,057
Total$1,059,709

401,775 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 27.5848, -99.1256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58482, -99.12562 · 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
9,650 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 9,650 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-479363271349,650 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 201401,11170.464.25$4,724
Oct 20140078.303.90$0
Sep 2014027286.164.05$1,100
Aug 2014090689.394.04$3,656
Jul 201401296.564.18$50
Jun 201407598.164.74$355
May 2014077494.734.73$3,658
Apr 2014423395.944.81$1,504
Mar 20141067295.895.06$4,357
Feb 20140097.406.19$0
Jan 2014325090.404.86$1,486
Dec 20131051691.824.35$3,165
Nov 20134988.853.74$389
Oct 2013684297.423.78$3,767
Sep 2013024104.113.72$89
Aug 201301,148104.253.52$4,044
Jul 2013120102.523.72$1,230
Jun 2013311,29494.403.93$8,016
May 2013014394.834.15$593
Apr 20130093.964.28$0
Mar 201301,36093.623.91$5,322
Feb 20130291.233.42$7
Jan 201301,97691.603.42$6,758
Dec 20120386.773.42$10
Nov 201203,17286.953.62$11,498
Oct 201201389.383.40$44
Sep 201201394.672.92$38
Aug 20120192.662.91$3
Jul 201201685.133.02$48
Jun 201205779.822.52$144
May 20120091.612.49$0
Apr 20120786101.652.00$1,569
Mar 201201,501105.052.22$3,335
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 201193083.404.15$875
Jul 2011695294.144.52$4,865
Jun 2011087292.904.64$4,046
May 2011014598.134.40$639
Apr 201101,218105.964.33$5,278
Mar 20110096.364.06$0
Feb 2011066185.644.18$2,763
Jan 2011072786.504.59$3,336
Dec 2010085285.734.35$3,704
Nov 2010096180.843.80$3,647
Oct 2010023878.103.51$835
Sep 2010069272.633.98$2,754
Aug 201001,09773.684.42$4,848
Jul 2010091872.554.74$4,348
Jun 2010073770.364.91$3,619
May 2010069871.124.24$2,956
Apr 2010078281.694.12$3,224
Mar 201001,15378.394.39$5,060
Feb 201001,42873.585.44$7,772
Jan 201001,34174.365.96$7,998
Dec 200901,92971.445.48$10,578
Nov 2009069974.593.75$2,622
Oct 200902,05672.544.11$8,451
Sep 2009074665.543.06$2,286
Aug 200903,03667.423.22$9,771
Jul 200901,91261.133.46$6,624
Jun 200901,14066.163.90$4,440
May 200904,79254.743.93$18,812
Apr 20090246.773.59$7
Mar 200901,32242.144.06$5,366
Feb 200902,67032.814.63$12,370
Jan 200902,12835.865.37$11,429
Dec 200804,03737.105.98$24,130
Nov 200804,64255.496.86$31,846
Oct 200805,16175.246.92$35,724
Sep 20080474101.767.88$3,734
Aug 200803,779114.228.48$32,057
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 20061069.376.34$69
Jun 20063466.286.38$224
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 20050252.337.38$15
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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20041032.036.30$32
Dec 200327730.266.30$546
Nov 200324828.804.60$278
Oct 20030028.174.76$0
Sep 20035026.314.75$132
Aug 20031990629.765.13$5,213
Jul 20035029.415.17$147
Jun 2003542,05828.565.98$13,855
May 20034596626.595.97$6,966
Apr 2003441,56326.675.41$9,625
Mar 2003191,41131.146.10$9,193
Feb 20031033.487.93$33
Jan 2003151,07730.315.58$6,467
Dec 2002756126.914.85$2,911
Nov 20021388724.664.14$3,990
Oct 2002171,48226.464.23$6,717
Sep 200211,33427.443.64$4,877
Aug 200211,07025.963.16$3,412
Jul 2002267924.583.06$2,128
Jun 200261,21323.733.34$4,192
May 2002399324.663.58$3,633
Apr 20021659423.653.51$2,465
Mar 2002291,49522.003.10$5,277
Feb 2002171,09318.222.38$2,906
Jan 2002221,19817.172.38$3,224
Dec 20012180616.932.36$2,261
Nov 20011856018.072.41$1,672
Oct 20012954019.782.53$1,939
Sep 2001541,57424.262.25$4,854
Aug 20012774624.873.05$2,949
Jul 2001451,45823.933.20$5,738
Jun 2001311,02324.563.82$4,673
May 2001331,11725.524.31$5,653
Apr 2001381,32924.685.34$8,028
Mar 20011174924.545.38$4,297
Feb 2001211,72827.755.77$10,548
Jan 2001557327.478.40$4,950
Dec 20001192426.889.12$8,725
Nov 20001172532.215.66$4,456
Oct 2000073531.235.15$3,782
Sep 2000051731.875.19$2,681
Aug 2000078629.644.54$3,569
Jul 200002,61028.534.09$10,674
Jun 200001,14329.304.40$5,026
May 200001,72627.263.68$6,351
Apr 200001,12424.513.12$3,502
Mar 200001,76828.422.86$5,056
Feb 2000080927.622.73$2,206
Jan 200001,54625.272.48$3,835
Dec 199901,63824.282.42$3,970
Nov 199901,46423.192.43$3,563
Oct 1999041820.982.80$1,172
Sep 199902,51121.752.62$6,576
Aug 199901,55519.262.88$4,472
Jul 199901,29917.892.37$3,082
Jun 1999111,47315.942.36$3,655
May 1999111,70015.792.32$4,119
Apr 199971,34015.102.21$3,064
Mar 199912,22512.471.84$4,103
Feb 1999121,9599.981.82$3,681
Jan 1999102,42310.381.90$4,707
Dec 1998112,7149.201.77$4,914
Nov 1998173,34310.892.19$7,492
Oct 1998163,64512.421.97$7,376
Sep 1998132,84612.592.08$6,091
Aug 1998153,14911.301.91$6,176
Jul 1998315,11211.742.24$11,801
Jun 1998857,25611.242.24$17,189
May 1998252,04912.622.21$4,836
Apr 1998191,37013.042.51$3,680
Mar 1998353,70012.802.31$8,993
Feb 1998627,15713.952.30$17,320
Jan 1998384,69114.702.15$10,667
Dec 1997894116.322.41$2,399
Nov 1997311,96618.193.09$6,635
Oct 1997464,20119.253.15$14,118
Sep 1997444,52017.742.95$14,137
Aug 1997314,79017.862.55$12,791
Jul 1997406,34217.582.25$14,953
Jun 1997475,93817.242.26$14,214
May 1997384,82518.972.31$11,859
Apr 1997484,83417.882.08$10,926
Mar 1997698,51918.951.94$17,827
Feb 1997313,37820.492.21$8,087
Jan 19979710,33023.483.54$38,843
Dec 19961276,18123.32$2,962
Nov 199642322,70121.97$9,293
Oct 1996543,00923.31$1,259
Sep 19961855622.22$400
Aug 19961838,43420.26$3,708
Jul 199625913,97419.55$5,063
Jun 199629316,34818.73$5,488
May 199648122,77719.43$9,346
Apr 199648328,83021.51$10,389
Mar 199633315,88619.38$6,454
Feb 199633414,00416.98$5,671
Jan 199647918,38217.07$8,177
Dec 199549321,52217.19$8,475
Nov 199578830,86616.00$12,608
Oct 19951,57768,43715.43$24,333
Sep 19951,99775,12116.18$32,311
Aug 199591434,74715.92$14,551

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.

Nov 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.46 =         $0
Gas                1,111 Mcf  × $  4.25 =     $4,724

────────────────────────────────────────────────────
Month total                                   $4,724

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/155465 is the state's own key, not one this site invented.