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 156475District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Aug 1995 – Dec 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
293
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 Gas111996-01-09133378
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
CondensateDisposition21,726 bbl$450,770
GasProduction2,029,223 Mcf$2,786,691
Total$3,237,461

1,367,744 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 27.5897, -99.1199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58974, -99.11992 · 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
9,958 ft
1 wells filed one
Completion to plug
24.3 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 9,958 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Dec 2019
1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793631579,958 ftAug 1995Dec 2019Yes

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 (293)

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

293 months

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 200960071.445.48$4,286
Nov 20090074.593.75$0
Oct 2009033472.544.11$1,373
Sep 2009068665.543.06$2,102
Aug 200901,00267.423.22$3,225
Jul 20091751,90661.133.46$17,301
Jun 200901,94966.163.90$7,591
May 200902,73554.743.93$10,737
Apr 2009051546.773.59$1,848
Mar 2009097642.144.06$3,962
Feb 200901,52632.814.63$7,070
Jan 200902,45435.865.37$13,180
Dec 2008452,21137.105.98$14,885
Nov 200802,07955.496.86$14,263
Oct 200802,09775.246.92$14,515
Sep 200802,210101.767.88$17,408
Aug 200801,510114.228.48$12,809
Jul 200861,904131.0811.39$22,472
Jun 200802,024131.3313.03$26,378
May 200802,418123.1711.57$27,987
Apr 200802,911110.3110.45$30,434
Mar 200802,196101.909.66$21,222
Feb 200802,38492.538.77$20,909
Jan 2008442,33190.388.21$23,104
Dec 200702,69188.337.30$19,650
Nov 2007951,94791.677.29$22,906
Oct 200702,16582.856.92$14,986
Sep 200702,60475.846.24$16,260
Aug 200702,36969.066.39$15,133
Jul 20071282,30970.906.39$23,825
Jun 200702,46462.007.55$18,599
May 200702,56758.747.85$20,141
Apr 20071042,46359.617.81$25,424
Mar 200702,50656.927.30$18,299
Feb 2007572,33055.108.22$22,284
Jan 200703,05750.306.73$20,564
Dec 200602,52756.656.92$17,483
Nov 2006632,75354.207.62$24,386
Oct 200602,74454.906.01$16,502
Sep 2006202,25160.085.04$12,540
Aug 200662,65468.717.34$19,892
Jul 200603,23169.376.34$20,493
Jun 2006203,31566.286.38$22,488
May 200603,34166.016.42$21,466
Apr 200603,73464.397.36$27,484
Mar 2006933,32656.707.08$28,831
Feb 200603,12257.597.75$24,199
Jan 200603,31360.598.93$29,596
Dec 2005973,41054.9413.42$51,076
Nov 200503,47754.6910.59$36,816
Oct 200503,31458.3413.80$45,719
Sep 200502,19061.4512.08$26,453
Aug 200502,82661.519.80$27,686
Jul 200503,43555.697.84$26,943
Jun 200513,46352.337.38$25,613
May 200522,39845.226.65$16,040
Apr 200503,75949.207.36$27,668
Mar 2005112,21050.377.15$16,366
Feb 2005092045.226.31$5,807
Jan 2005202,84743.166.32$18,863
Dec 200402,55739.866.75$17,263
Nov 2004182,88345.286.33$19,066
Oct 200472,96349.706.52$19,652
Sep 200402,77543.245.28$14,663
Aug 200402,65342.375.55$14,726
Jul 2004181,15038.286.08$7,686
Jun 200403,03536.106.43$19,524
May 2004701,04537.486.49$9,410
Apr 200402,26134.475.86$13,246
Mar 20041292,74634.365.53$19,618
Feb 200402,51332.455.51$13,846
Jan 20041163,06432.036.30$23,018
Dec 20031283,54030.266.30$26,181
Nov 20031243,96028.804.60$21,768
Oct 2003583,41128.174.76$17,869
Sep 2003303,72926.314.75$18,500
Aug 200302,39329.765.13$12,275
Jul 200302,07929.415.17$10,750
Jun 200301,93028.565.98$11,547
May 200303,34126.595.97$19,955
Apr 200303,11426.675.41$16,838
Mar 200303,34731.146.10$20,403
Feb 200302,86433.487.93$22,700
Jan 200303,42630.315.58$19,124
Dec 200203,27826.914.85$15,911
Nov 200203,69024.664.14$15,265
Oct 200223,01026.464.23$12,783
Sep 2002193,77427.443.64$14,241
Aug 2002163,81025.963.16$12,471
Jul 2002255,18124.583.06$16,477
Jun 2002144,52123.733.34$15,424
May 2002112,90824.663.58$10,694
Apr 2002112,96223.653.51$10,664
Mar 2002131,92022.003.10$6,243
Feb 20021091018.222.38$2,344
Jan 2002283,28617.172.38$8,287
Dec 2001272,86316.932.36$7,226
Nov 2001323,23418.072.41$8,358
Oct 2001363,85619.782.53$10,463
Sep 2001294,02824.262.25$9,772
Aug 2001254,21224.873.05$13,482
Jul 2001263,74123.933.20$12,582
Jun 2001253,80524.563.82$15,165
May 2001314,27625.524.31$19,209
Apr 2001253,89324.685.34$21,387
Mar 2001274,62124.545.38$25,507
Feb 2001344,45027.755.77$26,607
Jan 2001323,77927.478.40$32,618
Dec 2000273,38026.889.12$31,560
Nov 2000243,46232.215.66$20,361
Oct 2000344,56031.235.15$24,525
Sep 2000354,83231.875.19$26,177
Aug 2000344,60329.644.54$21,909
Jul 2000314,86528.534.09$20,781
Jun 2000664,89229.304.40$23,445
May 2000374,49527.263.68$17,549
Apr 2000424,13324.513.12$13,908
Mar 2000447,81828.422.86$23,608
Feb 2000428,10727.622.73$23,264
Jan 2000447,38925.272.48$19,440
Dec 1999403,58524.282.42$9,660
Nov 1999333,92323.192.43$10,314
Oct 1999294,33420.982.80$12,760
Sep 19991254,21521.752.62$13,757
Aug 199902,77919.262.88$7,991
Jul 199903,11617.892.37$7,392
Jun 1999583,58515.942.36$9,393
May 199903,77115.792.32$8,753
Apr 199904,56415.102.21$10,078
Mar 19991495,22112.471.84$11,456
Feb 199902,6139.981.82$4,750
Jan 199905,19310.381.90$9,866
Dec 199806,4449.201.77$11,427
Nov 19981525,82410.892.19$14,385
Oct 199806,96912.421.97$13,723
Sep 199807,00012.592.08$14,578
Aug 1998503,53211.301.91$7,302
Jul 199806,90811.742.24$15,455
Jun 199805,81111.242.24$13,001
May 19981706,58712.622.21$16,679
Apr 199807,75213.042.51$19,421
Mar 199808,95412.802.31$20,679
Feb 199808,48813.952.30$19,515
Jan 199808,68414.702.15$18,712
Dec 19971738,91516.322.41$24,318
Nov 199707,85618.193.09$24,261
Oct 199709,56319.253.15$30,122
Sep 1997010,09717.742.95$29,835
Aug 199715611,34317.862.55$31,765
Jul 1997012,91817.582.25$29,026
Jun 199716814,17917.242.26$34,901
May 199718215,88618.972.31$40,125
Apr 1997517,83817.882.08$37,242
Mar 199718221,74318.951.94$45,612
Feb 199719120,86420.492.21$49,937
Jan 199720024,71223.483.54$92,169
Dec 199619522,71723.32$4,547
Nov 199636724,35321.97$8,063
Oct 199634853,14523.31$8,112
Sep 199619257,07322.22$4,266
Aug 199650368,86020.26$10,191
Jul 199652282,47419.55$10,205
Jun 199651170,88018.73$9,571
May 199672367,81919.43$14,048
Apr 199694083,16421.51$20,219
Mar 19961,149103,63819.38$22,268
Feb 19961,152129,78216.98$19,561
Jan 19962,179171,79817.07$37,196
Dec 19951,776105,08717.19$30,529
Nov 19952,03998,70616.00$32,624
Oct 19952,310110,41715.43$35,643
Sep 19951,84295,12416.18$29,804
Aug 199521222,70715.92$3,375

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.

Dec 2009 — as filed, then multipliedworked
Condensate            60 bbl  × $ 71.44 =     $4,286
Gas                    0 Mcf  × $  5.48 =         $0

────────────────────────────────────────────────────
Month total                                   $4,286

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/156475 is the state's own key, not one this site invented.