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 155893District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$931 k
Sep 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
369
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 Gas111995-11-27133341
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
CondensateDisposition12,317 bbl$259,298
GasProduction743,826 Mcf$672,036
Total$931,334

537,310 Mcf of this lease's gas, across 16 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 27.5916, -99.1239. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59156, -99.12387 · 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
9,900 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 9,900 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-479363481359,900 ftSep 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 (369)

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

369 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 20100281.694.12$8
Mar 2010063278.394.39$2,774
Feb 2010060073.585.44$3,265
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200908174.593.75$304
Oct 2009044172.544.11$1,813
Sep 200907365.543.06$224
Aug 20090067.423.22$0
Jul 2009021661.133.46$748
Jun 20090466.163.90$16
May 200902154.743.93$82
Apr 200901846.773.59$65
Mar 200904242.144.06$170
Feb 200902332.814.63$107
Jan 20090835.865.37$43
Dec 200806837.105.98$406
Nov 20080055.496.86$0
Oct 200807075.246.92$485
Sep 20080149101.767.88$1,174
Aug 20080451114.228.48$3,826
Jul 2008079131.0811.39$900
Jun 20080100131.3313.03$1,303
May 20080109123.1711.57$1,262
Apr 20080154110.3110.45$1,610
Mar 20080576101.909.66$5,567
Feb 2008031192.538.77$2,728
Jan 2008018790.388.21$1,534
Dec 2007022488.337.30$1,636
Nov 2007011291.677.29$817
Oct 200704782.856.92$325
Sep 2007047475.846.24$2,960
Aug 2007012969.066.39$824
Jul 200704770.906.39$300
Jun 2007014762.007.55$1,110
May 2007081258.747.85$6,371
Apr 200701859.617.81$140
Mar 20070556.927.30$37
Feb 200702055.108.22$164
Jan 200702950.306.73$195
Dec 2006015956.656.92$1,100
Nov 2006021454.207.62$1,630
Oct 2006027554.906.01$1,654
Sep 2006025360.085.04$1,274
Aug 2006046368.717.34$3,398
Jul 2006031869.376.34$2,017
Jun 200606666.286.38$421
May 200604266.016.42$270
Apr 20061836064.397.36$3,809
Mar 20065745656.707.08$6,462
Feb 20064023957.597.75$4,156
Jan 20068136560.598.93$8,168
Dec 20059958154.9413.42$13,233
Nov 200516261254.6910.59$15,340
Oct 200515293958.3413.80$21,822
Sep 20056827561.4512.08$7,500
Aug 200511658461.519.80$12,857
Jul 200511250055.697.84$10,159
Jun 200514877652.337.38$13,473
May 20056059645.226.65$6,677
Apr 2005079349.207.36$5,837
Mar 2005048050.377.15$3,434
Feb 200501,17445.226.31$7,410
Jan 2005097743.166.32$6,177
Dec 2004061539.866.75$4,152
Nov 2004096945.286.33$6,134
Oct 2004023649.706.52$1,538
Sep 200401,08743.245.28$5,744
Aug 2004052242.375.55$2,897
Jul 2004061538.286.08$3,742
Jun 2004064736.106.43$4,162
May 2004074137.486.49$4,812
Apr 200405634.475.86$328
Mar 2004073634.365.53$4,070
Feb 2004030032.455.51$1,653
Jan 2004040532.036.30$2,551
Dec 2003078130.266.30$4,922
Nov 2003095428.804.60$4,384
Oct 200301728.174.76$81
Sep 2003024426.314.75$1,159
Aug 2003019329.765.13$990
Jul 200301629.415.17$83
Jun 20030128.565.98$6
May 20030426.595.97$24
Apr 200302826.675.41$151
Mar 2003514931.146.10$1,064
Feb 20031886033.487.93$7,419
Jan 20032077530.315.58$4,932
Dec 20022297526.914.85$5,324
Nov 2002361,48324.664.14$7,023
Oct 20021990726.464.23$4,339
Sep 20020027.443.64$0
Aug 20020125.963.16$3
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200218924.663.58$344
Apr 2002011623.653.51$407
Mar 2002011622.003.10$360
Feb 2002095918.222.38$2,278
Jan 2002074817.172.38$1,777
Dec 2001495716.932.36$2,330
Nov 20011851518.072.41$1,564
Oct 2001241,34819.782.53$3,884
Sep 2001191,21024.262.25$3,185
Aug 2001181,43724.873.05$4,835
Jul 20011393823.933.20$3,310
Jun 2001151,19624.563.82$4,942
May 2001171,41925.524.31$6,546
Apr 2001181,50724.685.34$8,485
Mar 20010024.545.38$0
Feb 200101,49827.755.77$8,639
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000055432.215.66$3,135
Oct 2000059831.235.15$3,077
Sep 200002,27631.875.19$11,804
Aug 200002,41029.644.54$10,943
Jul 200001,75328.534.09$7,169
Jun 2000018029.304.40$792
May 200005027.263.68$184
Apr 2000014224.513.12$442
Mar 2000010028.422.86$286
Feb 200001,95527.622.73$5,330
Jan 200003,21125.272.48$7,965
Dec 199905124.282.42$124
Nov 199904723.192.43$114
Oct 1999031320.982.80$878
Sep 19990021.752.62$0
Aug 1999017719.262.88$509
Jul 199909917.892.37$235
Jun 199906315.942.36$149
May 1999019115.792.32$443
Apr 1999016315.102.21$360
Mar 1999026312.471.84$483
Feb 199902,3979.981.82$4,357
Jan 199903,32410.381.90$6,315
Dec 199803,4149.201.77$6,054
Nov 199803,80810.892.19$8,323
Oct 199804,34212.421.97$8,550
Sep 199803,77812.592.08$7,868
Aug 199803,10011.301.91$5,913
Jul 199815,63111.742.24$12,610
Jun 1998255,21911.242.24$11,957
May 1998203,82312.622.21$8,687
Apr 1998234,06313.042.51$10,479
Mar 1998292,85712.802.31$6,969
Feb 1998323,54213.952.30$8,590
Jan 1998242,60314.702.15$5,962
Dec 1997303,20916.322.41$8,227
Nov 1997543,65518.193.09$12,270
Oct 1997514,28019.253.15$14,463
Sep 1997555,14817.742.95$16,187
Aug 1997598,31517.862.55$22,296
Jul 1997547,94617.582.25$18,804
Jun 1997708,19317.242.26$19,700
May 1997677,53018.972.31$18,654
Apr 199710910,87017.882.08$24,589
Mar 1997879,90618.951.94$20,858
Feb 199710311,51420.492.21$27,509
Jan 199713313,10723.483.54$49,518
Dec 199618314,58323.32$4,268
Nov 199619114,73721.97$4,196
Oct 199622218,10623.31$5,175
Sep 1996573,71922.22$1,267
Aug 199617111,93920.26$3,464
Jul 199622217,58919.55$4,340
Jun 199626121,47118.73$4,889
May 199646332,90719.43$8,996
Apr 199633029,38221.51$7,098
Mar 199638127,42619.38$7,384
Feb 199649831,56416.98$8,456
Jan 199681247,42717.07$13,861
Dec 199589559,92617.19$15,385
Nov 19951,22973,16116.00$19,664
Oct 19952,72094,68215.43$41,970
Sep 19951,27638,69116.18$20,646

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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                    2 Mcf  × $  4.12 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/155893 is the state's own key, not one this site invented.