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 157622District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Jan 1996 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
365
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 Gas111996-04-24134372
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
CondensateDisposition55,087 bbl$1,464,647
GasProduction4,767,827 Mcf$9,233,547
Total$10,698,193

2,076,827 Mcf of this lease's gas, across 12 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 27.5860, -99.1228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58599, -99.12278 · 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
9,798 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 9,798 ft.

Completions filed
Jan 1996
1 of 1 wells

1 well

42-479363941369,798 ftJan 1996

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 (365)

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

365 months

May 2026542,166106.413.05$12,343
Apr 2026512,65498.932.87$12,662
Mar 20265527589.753.15$5,802
Feb 20262722963.503.75$2,573
Jan 20263381459.138.00$8,462
Dec 20251952456.664.41$3,389
Nov 20251622758.593.93$1,829
Oct 20255246159.383.30$4,611
Sep 20251525762.743.08$1,732
Aug 2025084863.933.01$2,557
Jul 202519666.743.32$385
Jun 202562666.483.13$480
May 2025155960.553.23$1,099
Apr 20251735462.363.54$2,314
Mar 202589667.704.27$951
Feb 2025273570.884.34$2,066
Jan 2025085574.324.28$3,658
Dec 202461,15368.993.12$4,013
Nov 202415569.052.20$1,047
Oct 20241149371.372.28$1,910
Sep 2024026569.612.36$627
Aug 20242511175.632.06$2,120
Jul 2024010479.932.15$223
Jun 20247512078.082.63$6,172
May 2024045178.812.20$992
Apr 20247043184.451.66$6,627
Mar 20242840480.301.55$2,873
Feb 20242641676.091.78$2,720
Jan 20241625273.023.30$1,999
Dec 20232134271.262.61$2,389
Nov 2023532177.892.81$1,291
Oct 2023320385.443.09$883
Sep 2023225689.042.74$878
Aug 20231324180.522.67$1,691
Jul 20231436274.852.64$2,004
Jun 2023281,05268.962.26$4,307
May 2023331,16270.622.23$4,919
Apr 202311,21578.122.24$2,797
Mar 202321,15572.852.39$2,910
Feb 2023293375.112.47$2,451
Jan 202341,25676.533.39$4,561
Dec 202291,23776.415.73$7,775
Nov 2022191,09285.005.65$7,781
Oct 202261,35687.185.86$8,474
Sep 2022191,12784.888.16$10,813
Aug 2022191,33194.529.13$13,944
Jul 2022301,115101.587.54$11,457
Jun 2022181,219115.097.98$11,796
May 2022351,086109.378.43$12,986
Apr 2022391,182104.226.84$12,147
Mar 2022421,010108.885.08$9,700
Feb 2022381,44891.054.86$10,496
Jan 2022381,58581.844.54$10,302
Dec 2021531,13971.323.90$8,221
Nov 20216780977.435.24$9,424
Oct 2021551,08679.795.71$10,594
Sep 2021751,11169.865.35$11,184
Aug 20211461,52966.024.22$16,092
Jul 2021631,11370.783.98$8,891
Jun 2021741,56969.493.38$10,446
May 20215496463.483.02$6,337
Apr 2021991,27660.362.76$9,495
Mar 20211701,43161.302.72$14,309
Feb 202114938957.805.55$10,770
Jan 20211391,48850.412.81$11,189
Dec 2020851,58044.642.68$8,022
Nov 202001,67938.772.71$4,544
Oct 202001,42536.972.48$3,532
Sep 202001,32537.091.99$2,638
Aug 202001,11039.982.39$2,647
Jul 202031,25238.371.83$2,400
Jun 2020193934.901.69$1,622
May 202001,13316.921.81$2,056
Apr 202021,55214.751.80$2,830
Mar 202011,39030.341.86$2,611
Feb 202021,05349.881.98$2,185
Jan 202011,23557.252.09$2,644
Dec 201931,38759.012.30$3,373
Nov 2019161,31855.302.75$4,510
Oct 2019191,32753.472.42$4,225
Sep 2019261,75355.052.66$6,090
Aug 2019950953.112.30$1,651
Jul 20191293556.272.46$2,975
Jun 2019181,01052.782.49$3,466
May 2019176658.482.74$2,158
Apr 20193062.632.75$188
Mar 2019141,22256.803.06$4,537
Feb 2019211,98650.852.79$6,613
Jan 20191686146.033.23$3,516
Dec 2018121,19746.594.19$5,569
Nov 20182165552.934.24$3,887
Oct 2018201,22761.443.40$5,398
Sep 20181594859.543.11$3,839
Aug 2018261,31259.403.07$5,568
Jul 20181688265.142.93$3,628
Jun 20183567060.183.08$4,168
May 201810794565.382.90$9,737
Apr 201811689663.842.90$10,005
Mar 20181751,13761.222.79$13,882
Feb 20181991,49361.782.77$16,424
Jan 20181811,05362.874.01$15,601
Dec 20171891,34757.272.92$14,759
Nov 20171681,52755.423.12$14,072
Oct 2017831,83549.292.98$9,566
Sep 2017651,48347.523.09$7,667
Aug 20171062,08145.373.00$11,061
Jul 20171492,59843.873.09$14,557
Jun 20171553,71442.493.09$18,052
May 20171202,64645.373.26$14,079
Apr 20171032,72747.933.21$13,695
Mar 2017711,38446.772.98$7,450
Feb 20174954750.452.95$4,087
Jan 20171352,71849.413.42$15,963
Dec 20162829348.763.72$2,456
Nov 2016502,15742.492.64$7,828
Oct 201652,97346.193.09$9,418
Sep 201661,90241.553.10$6,147
Aug 201631,55441.442.92$4,669
Jul 201631,28841.622.92$3,891
Jun 201661,11045.352.69$3,253
May 2016161,15942.521.99$2,988
Apr 20165223536.561.99$2,369
Mar 20168833.011.79$278
Feb 2016124226.472.06$404
Jan 2016104327.352.36$375
Dec 2015810232.362.00$463
Nov 2015911338.792.17$594
Oct 2015220043.552.43$572
Sep 2015115242.992.76$616
Aug 20151516040.162.87$1,062
Jul 2015441,14648.152.95$5,494
Jun 2015251,65356.152.88$6,169
May 2015421,60655.212.96$7,065
Apr 20153285749.822.71$3,914
Mar 2015321,19142.892.93$4,868
Feb 2015251,39744.662.98$5,274
Jan 2015311,65143.433.10$6,465
Dec 2014131,03154.693.59$4,414
Nov 201420070.464.25$1,409
Oct 2014201,32378.303.90$6,727
Sep 201401,74586.164.05$7,059
Aug 201401,66889.394.04$6,731
Jul 201401,91596.564.18$8,004
Jun 201401,22298.164.74$5,788
May 201402,28194.734.73$10,781
Apr 2014222,21095.944.81$12,739
Mar 2014721,10495.895.06$12,487
Feb 2014531,35597.406.19$13,552
Jan 2014901,85590.404.86$17,153
Dec 20131002,20791.824.35$18,792
Nov 20132069488.853.74$4,371
Oct 20131664097.423.78$3,978
Sep 2013471,813104.113.72$11,633
Aug 2013282,332104.253.52$11,134
Jul 2013151,077102.523.72$5,542
Jun 20132077994.403.93$4,952
May 201391,14494.834.15$5,600
Apr 201301,14693.964.28$4,908
Mar 201301,37193.623.91$5,365
Feb 201302,34691.233.42$8,023
Jan 2013073291.603.42$2,503
Dec 201201,84486.773.42$6,307
Nov 201202,78086.953.62$10,077
Oct 201202,00589.383.40$6,816
Sep 201201,52994.672.92$4,462
Aug 201201,54592.662.91$4,493
Jul 201201,55485.133.02$4,694
Jun 201201,64979.822.52$4,154
May 201201,59891.612.49$3,976
Apr 2012111,095101.652.00$3,305
Mar 2012341,189105.052.22$6,214
Feb 2012421,136101.102.57$7,166
Jan 2012431,34698.092.73$7,898
Dec 2011461,38096.873.24$8,927
Nov 2011451,39995.723.31$8,940
Oct 2011561,32384.983.65$9,586
Sep 2011351,48983.623.99$8,862
Aug 2011191,35583.404.15$7,207
Jul 20113087294.144.52$6,763
Jun 2011301,29292.904.64$8,782
May 2011461,36198.134.40$10,509
Apr 2011121,381105.964.33$7,256
Mar 201101,05796.364.06$4,289
Feb 201101,07785.644.18$4,502
Jan 201101,60086.504.59$7,342
Dec 2010061985.734.35$2,691
Nov 201001,60480.843.80$6,088
Oct 201001,67978.103.51$5,891
Sep 201001,39072.633.98$5,531
Aug 201001,20373.684.42$5,316
Jul 201002,82872.554.74$13,395
Jun 201003,33170.364.91$16,357
May 201003,91971.124.24$16,598
Apr 201003,53381.694.12$14,565
Mar 201003,27378.394.39$14,364
Feb 201002,73573.585.44$14,885
Jan 201003,67074.365.96$21,888
Dec 200902,57171.445.48$14,099
Nov 200903,25174.593.75$12,196
Oct 200903,46372.544.11$14,234
Sep 200903,42265.543.06$10,488
Aug 200902,13367.423.22$6,865
Jul 200902,64761.133.46$9,171
Jun 200903,32466.163.90$12,947
May 200903,78854.743.93$14,871
Apr 200903,62146.773.59$12,990
Mar 200903,53842.144.06$14,361
Feb 200903,00132.814.63$13,904
Jan 200903,77135.865.37$20,254
Dec 200802,92137.105.98$17,459
Nov 200803,41055.496.86$23,394
Oct 200802,93475.246.92$20,309
Sep 200802,990101.767.88$23,553
Aug 200802,577114.228.48$21,861
Jul 200803,959131.0811.39$45,091
Jun 200804,283131.3313.03$55,819
May 200803,706123.1711.57$42,894
Apr 200802,779110.3110.45$29,054
Mar 200802,972101.909.66$28,722
Feb 200803,03392.538.77$26,601
Jan 200802,73790.388.21$22,459
Dec 2007433,46888.337.30$29,121
Nov 2007873,13891.677.29$30,857
Oct 2007884,73482.856.92$40,059
Sep 2007594,19575.846.24$30,669
Aug 2007253,60469.066.39$24,749
Jul 2007204,44370.906.39$29,800
Jun 2007154,23862.007.55$32,920
May 2007384,67858.747.85$38,937
Apr 2007184,84659.617.81$38,897
Mar 2007564,63956.927.30$37,061
Feb 2007884,47255.108.22$41,591
Jan 20071074,43950.306.73$35,243
Dec 20061324,30256.656.92$37,241
Nov 20061326,10654.207.62$53,667
Oct 2006975,72854.906.01$39,772
Sep 2006344,93260.085.04$26,886
Aug 2006385,15968.717.34$40,478
Jul 2006534,65769.376.34$33,215
Jun 2006577,04266.286.38$48,733
May 2006434,85966.016.42$34,058
Apr 2006364,34964.397.36$34,329
Mar 2006454,08556.707.08$31,485
Feb 2006475,12957.597.75$42,462
Jan 2006775,99760.598.93$58,239
Dec 2005798,91454.9413.42$123,925
Nov 2005615,62554.6910.59$62,896
Oct 2005353,85658.3413.80$55,238
Sep 2005333,73261.4512.08$47,107
Aug 2005445,24761.519.80$54,110
Jul 2005354,07755.697.84$33,928
Jun 2005444,23352.337.38$33,546
May 2005464,97145.226.65$35,143
Apr 2005594,28549.207.36$34,442
Mar 200504,67650.377.15$33,456
Feb 200505,93445.226.31$37,455
Jan 2005010,51243.166.32$66,459
Dec 200404,70939.866.75$31,791
Nov 200408,11145.286.33$51,346
Oct 200406,46449.706.52$42,114
Sep 200404,88343.245.28$25,801
Aug 200406,77942.375.55$37,628
Jul 200404,32738.286.08$26,326
Jun 200404,07836.106.43$26,234
May 200404,53137.486.49$29,427
Apr 2004288,64534.475.86$51,612
Mar 20041218,97534.365.53$53,791
Feb 20041066,92632.455.51$41,599
Jan 20041337,83032.036.30$53,586
Dec 2003996,80130.266.30$45,853
Nov 20031247,66728.804.60$38,802
Oct 20031459,01228.174.76$46,979
Sep 20031966,43726.314.75$35,728
Aug 200320210,60729.765.13$60,422
Jul 200325111,18529.415.17$65,218
Jun 20032089,71828.565.98$64,083
May 20031758,69626.595.97$56,592
Apr 20032249,52826.675.41$57,495
Mar 200314610,05431.146.10$65,836
Feb 200312710,93633.487.93$90,929
Jan 20031278,79730.315.58$52,955
Dec 20021038,46726.914.85$43,869
Nov 2002725,09924.664.14$22,870
Oct 2002695,83526.464.23$26,503
Sep 2002218,92227.443.64$33,009
Aug 2002137,69425.963.16$24,683
Jul 200272,36724.583.06$7,419
Jun 2002209,68223.733.34$32,795
May 20024014,20024.663.58$51,879
Apr 20028513,41323.653.51$49,121
Mar 200221111,69822.003.10$40,938
Feb 200223314,36318.222.38$38,367
Jan 200228817,57517.172.38$46,698
Dec 200110717,51416.932.36$43,222
Nov 200186,83418.072.41$16,584
Oct 20011114,97119.782.53$38,077
Sep 2001815,10424.262.25$34,198
Aug 200135,42124.873.05$16,626
Jul 200135,88623.933.20$18,890
Jun 200149,20624.563.82$35,303
May 200124,92225.524.31$21,252
Apr 200146,21524.685.34$33,258
Mar 2001147,56224.545.38$41,000
Feb 20012515,85927.755.77$92,154
Jan 20011010,55327.478.40$88,907
Dec 2000127,94526.889.12$72,801
Nov 2000177,79632.215.66$44,657
Oct 20003813,71231.235.15$71,742
Sep 20005919,55231.875.19$103,287
Aug 20007326,27229.644.54$121,458
Jul 20004515,11128.534.09$63,084
Jun 2000221829.304.40$1,017
May 2000253,68927.263.68$14,256
Apr 200018719,78524.513.12$66,233
Mar 200014916,42728.422.86$51,212
Feb 2000938,46427.622.73$25,646
Jan 200018317,65725.272.48$48,423
Dec 199919219,09924.282.42$50,952
Nov 19994020,58023.192.43$51,019
Oct 19994121,75220.982.80$61,846
Sep 19993420,55821.752.62$54,578
Aug 19993922,62919.262.88$65,823
Jul 19993924,33017.892.37$58,417
Jun 1999023,27815.942.36$54,985
May 1999026,23915.792.32$60,901
Apr 1999029,00915.102.21$64,053
Mar 1999031,21712.471.84$57,387
Feb 1999031,0679.981.82$56,473
Jan 1999035,43610.381.90$67,327
Dec 1998034,8669.201.77$61,829
Nov 1998034,41210.892.19$75,215
Oct 1998036,80412.421.97$72,475
Sep 1998035,28112.592.08$73,477
Aug 1998036,03511.301.91$68,731
Jul 19981546,31911.742.24$103,804
Jun 199826049,71311.242.24$114,144
May 199829955,40212.622.21$126,009
Apr 199835960,12413.042.51$155,312
Mar 199854346,60212.802.31$114,575
Feb 199831729,35413.952.30$71,911
Jan 199840238,86914.702.15$89,664
Dec 199742138,60416.322.41$99,949
Nov 199720745,12818.193.09$143,132
Oct 199718449,65519.253.15$159,946
Sep 199718556,19217.742.95$169,323
Aug 199714966,46517.862.55$172,462
Jul 199715773,04017.582.25$166,877
Jun 199721780,12217.242.26$184,592
May 199719471,78018.972.31$169,384
Apr 199721767,94717.882.08$145,399
Mar 199720171,24618.951.94$141,965
Feb 199725388,70620.492.21$200,861
Jan 199731896,66023.483.54$349,614
Dec 1996770108,21923.32$17,956
Nov 1996817110,25021.97$17,949
Oct 1996881123,59823.31$20,536
Sep 199669385,42622.22$15,398
Aug 19961,325162,60720.26$26,845
Jul 19961,343187,34219.55$26,256
Jun 19961,453174,34118.73$27,215
May 19962,251226,83119.43$43,737
Apr 19967,442262,06221.51$160,077
Mar 199610,193336,02219.38$197,540
Feb 19968,387251,63816.98$142,411
Jan 19961,43248,49117.07$24,444

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.

May 2026 — as filed, then multipliedworked
Condensate            54 bbl  × $106.41 =     $5,746
Gas                2,166 Mcf  × $  3.05 =     $6,597

────────────────────────────────────────────────────
Month total                                  $12,343

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/157622 is the state's own key, not one this site invented.