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 159178District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
May 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
361
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 Gas111996-08-13135061
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
CondensateDisposition64,213 bbl$1,517,493
GasProduction1,443,571 Mcf$2,331,185
Total$3,848,677

629,207 Mcf of this lease's gas, across 8 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 27.5936, -99.1593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59362, -99.15932 · 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
9,548 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 9,548 ft.

Completions filed
May 2002
1 of 1 wells

1 well

42-479364831399,548 ftMay 2002

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 (361)

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

361 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 201003078.103.51$105
Sep 201006372.633.98$251
Aug 2010048373.684.42$2,135
Jul 20100072.554.74$0
Jun 201001970.364.91$93
May 2010046271.124.24$1,957
Apr 201004081.694.12$165
Mar 2010014678.394.39$641
Feb 201002673.585.44$142
Jan 201006774.365.96$400
Dec 2009041671.445.48$2,281
Nov 20090474.593.75$15
Oct 200907072.544.11$288
Sep 200901165.543.06$34
Aug 20090867.423.22$26
Jul 200907161.133.46$246
Jun 200909066.163.90$351
May 200906054.743.93$236
Apr 200906546.773.59$233
Mar 2009027242.144.06$1,104
Feb 2009032232.814.63$1,492
Jan 2009012435.865.37$666
Dec 200803337.105.98$197
Nov 200808855.496.86$604
Oct 200807575.246.92$519
Sep 2008048101.767.88$378
Aug 20080223114.228.48$1,892
Jul 2008036131.0811.39$410
Jun 20080193131.3313.03$2,515
May 2008086123.1711.57$995
Apr 20080275110.3110.45$2,875
Mar 2008034101.909.66$329
Feb 2008054292.538.77$4,754
Jan 2008021190.388.21$1,731
Dec 2007016988.337.30$1,234
Nov 2007014491.677.29$1,050
Oct 2007026582.856.92$1,834
Sep 200706975.846.24$431
Aug 200709169.066.39$581
Jul 2007037370.906.39$2,383
Jun 200706462.007.55$483
May 200709258.747.85$722
Apr 2007019959.617.81$1,553
Mar 20070156.927.30$7
Feb 200707655.108.22$624
Jan 2007022850.306.73$1,534
Dec 2006012656.656.92$872
Nov 2006025354.207.62$1,927
Oct 2006029654.906.01$1,780
Sep 2006030560.085.04$1,536
Aug 200601668.717.34$117
Jul 2006057469.376.34$3,641
Jun 20060066.286.38$0
May 200603566.016.42$225
Apr 200643064.397.36$478
Mar 20061627856.707.08$2,876
Feb 20061323257.597.75$2,547
Jan 20061923260.598.93$3,224
Dec 20051930754.9413.42$5,162
Nov 20051522754.6910.59$3,224
Oct 20055111458.3413.80$4,548
Sep 20059646261.4512.08$11,480
Aug 200540061.519.80$2,460
Jul 200513441455.697.84$10,710
Jun 200511725452.337.38$7,997
May 20058836745.226.65$6,420
Apr 20057332249.207.36$5,962
Mar 20058026850.377.15$5,947
Feb 20056122245.226.31$4,160
Jan 20057856843.166.32$6,957
Dec 20049341239.866.75$6,488
Nov 20047341245.286.33$5,914
Oct 2004731649.706.52$2,407
Sep 20043542943.245.28$3,780
Aug 20046573642.375.55$6,839
Jul 20042631,46938.286.08$19,005
Jun 20045272,61736.106.43$35,860
May 20041651,69437.486.49$17,186
Apr 20048467134.475.86$6,827
Mar 20047246534.365.53$5,045
Feb 20049763632.455.51$6,652
Jan 200415363932.036.30$8,926
Dec 20031261,16930.266.30$11,179
Nov 20036231928.804.60$3,251
Oct 200316083728.174.76$8,491
Sep 20032731,09926.314.75$12,402
Aug 200316287129.765.13$9,289
Jul 20032881,36529.415.17$15,528
Jun 20032931,42328.565.98$16,882
May 20033702,01126.595.97$21,849
Apr 20034341,95426.675.41$22,141
Mar 20034362,39431.146.10$28,171
Feb 20033051,99033.487.93$25,984
Jan 20035082,60830.315.58$29,955
Dec 20026363,92726.914.85$36,175
Nov 20028074,38924.664.14$38,058
Oct 20021,3526,38826.464.23$62,790
Sep 20021,6657,61727.443.64$73,377
Aug 20022,14512,97225.963.16$96,730
Jul 20022,54516,32124.583.06$112,527
Jun 20022,59013,70623.733.34$107,215
May 20024,75627,36424.663.58$215,356
Apr 20020023.653.51$0
Mar 20021845922.003.10$1,820
Feb 20022971418.222.38$2,225
Jan 2002792,22617.172.38$6,645
Dec 20011072,28016.932.36$7,202
Nov 20019453418.072.41$2,983
Oct 20011302,55219.782.53$9,025
Sep 20011323,48624.262.25$11,050
Aug 2001541,35124.873.05$5,468
Jul 2001862,52323.933.20$10,124
Jun 2001491,35824.563.82$6,397
May 2001832,40525.524.31$12,477
Apr 20011223,82024.685.34$23,392
Mar 2001301,22424.545.38$7,317
Feb 2001854,80827.755.77$30,087
Jan 2001201,68527.478.40$14,701
Dec 2000352,01126.889.12$19,286
Nov 2000611,38232.215.66$9,784
Oct 20004394,50431.235.15$36,885
Sep 20003015,80631.875.19$39,706
Aug 20002915,73729.644.54$34,676
Jul 20002103,62528.534.09$20,817
Jun 20003155,46729.304.40$33,269
May 20002053,00527.263.68$16,646
Apr 20003284,01924.513.12$20,562
Mar 20004275,75528.422.86$28,593
Feb 20002212,27127.622.73$12,296
Jan 20007388,69025.272.48$40,205
Dec 19994915,97124.282.42$26,394
Nov 199904,69623.192.43$11,430
Oct 199906,92720.982.80$19,421
Sep 199902,78021.752.62$7,280
Aug 199906,48719.262.88$18,654
Jul 199915,48517.892.37$13,030
Jun 199962,95515.942.36$7,076
May 199963,01215.792.32$7,086
Apr 1999126,57115.102.21$14,690
Mar 19992210,33812.471.84$19,279
Feb 1999147,8209.981.82$14,355
Jan 1999107,03210.381.90$13,464
Dec 199819,0769.201.77$16,104
Nov 1998311,64710.892.19$25,490
Oct 1998012,47112.421.97$24,558
Sep 1998312,86912.592.08$26,839
Aug 199817,97711.301.91$15,226
Jul 1998521,59711.742.24$48,377
Jun 19983625,03411.242.24$56,412
May 19982719,34312.622.21$43,018
Apr 199821,25513.042.51$3,170
Mar 199897,68112.802.31$17,854
Feb 19981210,59013.952.30$24,515
Jan 19982825,94114.702.15$56,309
Dec 19971610,61516.322.41$25,855
Nov 19971933,61918.193.09$14,687
Oct 199742310,54619.253.15$41,361
Sep 199777822,74717.742.95$81,016
Aug 199761127,07417.862.55$80,079
Jul 199756425,78617.582.25$67,855
Jun 199785130,15217.242.26$82,730
May 19971,12440,22918.972.31$114,191
Apr 19971,60648,24217.882.08$129,193
Mar 19971,73759,80518.951.94$148,886
Feb 199797932,31920.492.21$91,352
Jan 19971,69350,39223.483.54$218,124
Dec 19962,49263,83623.32$58,113
Nov 19962,88270,79821.97$63,318
Oct 19963,53588,90923.31$82,401
Sep 19964,733109,77122.22$105,167
Aug 19966,129137,84420.26$124,174
Jul 19964,575121,29219.55$89,441
Jun 199655517,48718.73$10,395
May 199690819,27019.43$17,642

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.

Oct 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.10 =         $0
Gas                   30 Mcf  × $  3.51 =       $105

────────────────────────────────────────────────────
Month total                                     $105

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/159178 is the state's own key, not one this site invented.