VAQUILLAS RANCH CO. SGU

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 159205District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
May 1996 – May 2026
Value, last 12 filed months
$61 k
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 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 Gas221996-08-13 – 2002-08-022 dockets
NGPA2none

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
CondensateDisposition5,573 bbl$145,091
GasProduction366,683 Mcf$921,360
Total$1,066,451

131,490 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 27.6264, -99.0870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62644, -99.08702 · 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
10,130 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 10,130 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-47934776510,130 ftMay 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 (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 20265943106.413.05$3,404
Apr 2026895498.932.87$3,529
Mar 2026141,01789.753.15$4,459
Feb 2026091863.503.75$3,443
Jan 202691,10359.138.00$9,354
Dec 2025131,14856.664.41$5,803
Nov 2025111,15558.593.93$5,180
Oct 2025131,25859.383.30$4,929
Sep 202581,23362.743.08$4,296
Aug 2025161,42563.933.01$5,319
Jul 202581,51566.743.32$5,556
Jun 2025211,51566.483.13$6,136
May 202551,59260.553.23$5,449
Apr 2025221,78662.363.54$7,700
Mar 202562,06367.704.27$9,212
Feb 2025201,96870.884.34$9,960
Jan 2025122,23374.324.28$10,446
Dec 2024292,32768.993.12$9,264
Nov 2024132,54269.052.20$6,486
Oct 2024192,40471.372.28$6,841
Sep 202491,92569.612.36$5,178
Aug 202402575.632.06$52
Jul 202402979.932.15$62
Jun 202412878.082.63$152
May 202413678.812.20$158
Apr 202413084.451.66$134
Mar 202413280.301.55$130
Feb 202413376.091.78$135
Jan 202413473.023.30$185
Dec 202316171.262.61$231
Nov 202306777.892.81$188
Oct 202305685.443.09$173
Sep 202306389.042.74$172
Aug 202308780.522.67$233
Jul 202306674.852.64$174
Jun 202318768.962.26$265
May 202306970.622.23$154
Apr 202303478.122.24$76
Mar 202303572.852.39$84
Feb 202303275.112.47$79
Jan 202303676.533.39$122
Dec 202203776.415.73$212
Nov 202204785.005.65$265
Oct 2022010387.185.86$604
Sep 202203584.888.16$286
Aug 202203594.529.13$319
Jul 2022036101.587.54$272
Jun 2022036115.097.98$287
May 2022035109.378.43$295
Apr 2022035104.226.84$239
Mar 2022035108.885.08$178
Feb 202203191.054.86$151
Jan 202203781.844.54$168
Dec 202104271.323.90$164
Nov 202104377.435.24$225
Oct 202104779.795.71$269
Sep 202105169.865.35$273
Aug 2021111966.024.22$568
Jul 202112170.783.98$154
Jun 2021110369.493.38$418
May 202116963.483.02$272
Apr 202117060.362.76$253
Mar 2021111961.302.72$385
Feb 202115057.805.55$335
Jan 202125950.412.81$267
Dec 202055844.642.68$378
Nov 2020105638.772.71$539
Oct 2020107236.972.48$548
Sep 20201320537.091.99$890
Aug 2020185639.982.39$853
Jul 20201523238.371.83$999
Jun 202013934.901.69$469
May 202023416.921.81$96
Apr 202053314.751.80$133
Mar 202043630.341.86$188
Feb 202043149.881.98$261
Jan 202053557.252.09$360
Dec 201943659.012.30$319
Nov 201902655.302.75$72
Oct 201914553.472.42$162
Sep 20190355.052.66$8
Aug 20190253.112.30$5
Jul 20190156.272.46$2
Jun 201906752.782.49$167
May 201905058.482.74$137
Apr 2019110862.632.75$360
Mar 2019028256.803.06$864
Feb 2019152850.852.79$1,525
Jan 2019180446.033.23$2,641
Dec 2018186346.594.19$3,659
Nov 2018086352.934.24$3,657
Oct 2018175061.443.40$2,610
Sep 2018154059.543.11$1,738
Aug 2018040359.403.07$1,236
Jul 201816065.142.93$241
Jun 201804460.183.08$135
May 20180865.382.90$23
Apr 201804463.842.90$128
Mar 201818161.222.79$287
Feb 201801561.782.77$41
Jan 201811662.874.01$127
Dec 20170057.272.92$0
Nov 20171155.423.12$59
Oct 20171149.292.98$52
Sep 201703547.523.09$108
Aug 20171245.373.00$51
Jul 201711543.873.09$90
Jun 2017116942.493.09$564
May 201721745.373.26$146
Apr 201712347.933.21$122
Mar 201727446.772.98$314
Feb 201713650.452.95$157
Jan 201734049.413.42$285
Dec 201626148.763.72$325
Nov 2016410442.492.64$445
Oct 2016715346.193.09$796
Sep 20161633141.553.10$1,691
Aug 20161873241.442.92$2,887
Jul 2016771441.622.92$2,379
Jun 2016993445.352.69$2,917
May 2016241,17642.521.99$3,362
Apr 201612193436.561.99$6,283
Mar 20161161,37033.011.79$6,287
Feb 20161761,68026.472.06$8,126
Jan 20161561,73927.352.36$8,378
Dec 20152732032.362.00$1,514
Nov 2015010238.792.17$221
Oct 2015010343.552.43$250
Sep 201508842.992.76$243
Aug 2015010440.162.87$299
Jul 201506848.152.95$200
Jun 201555256.152.88$431
May 2015201,07455.212.96$4,278
Apr 20151613749.822.71$1,168
Mar 2015013042.892.93$382
Feb 2015014644.662.98$435
Jan 201501,10843.433.10$3,436
Dec 201401,32954.693.59$4,773
Nov 2014013970.464.25$591
Oct 2014010278.303.90$398
Sep 2014036086.164.05$1,456
Aug 2014095589.394.04$3,854
Jul 2014011496.564.18$476
Jun 2014016898.164.74$796
May 20141287894.734.73$5,287
Apr 20143765795.944.81$6,709
Mar 20141875795.895.06$5,554
Feb 2014819697.406.19$1,993
Jan 2014513990.404.86$1,128
Dec 201396591.824.35$1,109
Nov 20133777888.853.74$6,196
Oct 201357097.423.78$752
Sep 20130457104.113.72$1,699
Aug 20130396104.253.52$1,395
Jul 2013058102.523.72$216
Jun 201306894.403.93$267
May 201306594.834.15$270
Apr 2013012093.964.28$514
Mar 201305693.623.91$219
Feb 201307691.233.42$260
Jan 201308191.603.42$277
Dec 2012012086.773.42$410
Nov 201208286.953.62$297
Oct 2012016289.383.40$551
Sep 2012018494.672.92$537
Aug 2012032592.662.91$945
Jul 2012030285.133.02$912
Jun 2012063179.822.52$1,590
May 2012062691.612.49$1,558
Apr 20120898101.652.00$1,793
Mar 201201,304105.052.22$2,898
Feb 201201,784101.102.57$4,585
Jan 201201,11898.092.73$3,057
Dec 2011085296.873.24$2,760
Nov 201101,55195.723.31$5,136
Oct 201101,50184.983.65$5,476
Sep 2011021283.623.99$845
Aug 2011013783.404.15$568
Jul 2011013794.144.52$619
Jun 2011017992.904.64$831
May 201101,55998.134.40$6,867
Apr 20110189105.964.33$819
Mar 2011013396.364.06$540
Feb 2011010985.644.18$456
Jan 2011013986.504.59$638
Dec 2010044885.734.35$1,948
Nov 2010044480.843.80$1,685
Oct 2010056778.103.51$1,990
Sep 2010014672.633.98$581
Aug 2010013773.684.42$605
Jul 2010022072.554.74$1,042
Jun 2010041570.364.91$2,038
May 2010047071.124.24$1,991
Apr 2010094581.694.12$3,896
Mar 201001,11778.394.39$4,902
Feb 2010090273.585.44$4,909
Jan 201001,09574.365.96$6,531
Dec 2009031871.445.48$1,744
Nov 2009070674.593.75$2,649
Oct 2009029972.544.11$1,229
Sep 200901,51565.543.06$4,643
Aug 200901,01767.423.22$3,273
Jul 200901,16861.133.46$4,047
Jun 2009018766.163.90$728
May 2009089154.743.93$3,498
Apr 2009024346.773.59$872
Mar 2009041242.144.06$1,672
Feb 200901,45432.814.63$6,736
Jan 2009087135.865.37$4,678
Dec 2008077137.105.98$4,608
Nov 2008018055.496.86$1,235
Oct 2008023375.246.92$1,613
Sep 20080165101.767.88$1,300
Aug 20080188114.228.48$1,595
Jul 20080327131.0811.39$3,724
Jun 20080870131.3313.03$11,338
May 20080762123.1711.57$8,820
Apr 20080193110.3110.45$2,018
Mar 20080433101.909.66$4,185
Feb 2008063792.538.77$5,587
Jan 200801,22590.388.21$10,052
Dec 2007069888.337.30$5,097
Nov 2007061191.677.29$4,455
Oct 2007068782.856.92$4,755
Sep 2007034975.846.24$2,179
Aug 200701,28469.066.39$8,202
Jul 200701,35570.906.39$8,656
Jun 2007077762.007.55$5,865
May 200701,28258.747.85$10,059
Apr 200701,23059.617.81$9,600
Mar 200701,66556.927.30$12,158
Feb 200701,52955.108.22$12,562
Jan 200701,82550.306.73$12,277
Dec 2006018956.656.92$1,308
Nov 2006093854.207.62$7,145
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060169.376.34$6
Jun 200602366.286.38$147
May 200604866.016.42$308
Apr 2006019064.397.36$1,398
Mar 200608556.707.08$602
Feb 2006016957.597.75$1,310
Jan 2006010560.598.93$938
Dec 200507154.9413.42$952
Nov 2005022654.6910.59$2,393
Oct 2005025358.3413.80$3,490
Sep 2005011661.4512.08$1,401
Aug 200501,60061.519.80$15,675
Jul 200501,43055.697.84$11,216
Jun 200509952.337.38$731
May 2005012345.226.65$818
Apr 2005091849.207.36$6,757
Mar 2005017850.377.15$1,274
Feb 2005016745.226.31$1,054
Jan 200502,85643.166.32$18,056
Dec 2004026139.866.75$1,762
Nov 200402,53045.286.33$16,016
Oct 2004074249.706.52$4,834
Sep 2004021143.245.28$1,115
Aug 2004059042.375.55$3,275
Jul 200403,03238.286.08$18,447
Jun 200404,16136.106.43$26,768
May 200401,27437.486.49$8,274
Apr 2004023434.475.86$1,371
Mar 2004017834.365.53$984
Feb 2004011432.455.51$628
Jan 2004039632.036.30$2,495
Dec 2003032430.266.30$2,042
Nov 2003014828.804.60$680
Oct 2003010828.174.76$514
Sep 2003015426.314.75$731
Aug 2003011329.765.13$580
Jul 200307629.415.17$393
Jun 2003019528.565.98$1,167
May 2003041326.595.97$2,467
Apr 2003042526.675.41$2,298
Mar 2003045931.146.10$2,798
Feb 2003032833.487.93$2,600
Jan 2003015730.315.58$876
Dec 2002017526.914.85$849
Nov 2002016024.664.14$662
Oct 2002040526.464.23$1,713
Sep 200201,27627.443.64$4,639
Aug 2002090725.963.16$2,870
Jul 200202,10524.583.06$6,445
Jun 200201,85123.733.34$6,179
May 200202,30124.663.58$8,247
Apr 200202,17023.653.51$7,622
Mar 20020222.003.10$6
Feb 20020018.222.38$0
Jan 2002057417.172.38$1,364
Dec 2001016716.932.36$395
Nov 2001046518.072.41$1,119
Oct 2001031119.782.53$786
Sep 2001023424.262.25$527
Aug 2001045624.873.05$1,392
Jul 2001030223.933.20$966
Jun 2001012224.563.82$467
May 2001039825.524.31$1,714
Apr 2001019324.685.34$1,030
Mar 2001044124.545.38$2,371
Feb 2001045227.755.77$2,607
Jan 2001072927.478.40$6,123
Dec 2000023226.889.12$2,116
Nov 2000066232.215.66$3,746
Oct 2000049931.235.15$2,568
Sep 2000057931.875.19$3,003
Aug 2000038529.644.54$1,748
Jul 2000053128.534.09$2,172
Jun 2000024129.304.40$1,060
May 2000053427.263.68$1,965
Apr 200001,00724.513.12$3,138
Mar 200002,30828.422.86$6,600
Feb 200003,20927.622.73$8,749
Jan 200001,22325.272.48$3,034
Dec 199981,36324.282.42$3,498
Nov 19991083,06223.192.43$9,957
Oct 19992980520.982.80$2,865
Sep 19991846421.752.62$1,607
Aug 19991130819.262.88$1,098
Jul 19992464517.892.37$1,960
Jun 199901,08815.942.36$2,570
May 199901,89315.792.32$4,394
Apr 199902,36315.102.21$5,218
Mar 199901,66812.471.84$3,066
Feb 199903889.981.82$705
Jan 1999071910.381.90$1,366
Dec 199802,1549.201.77$3,820
Nov 1998099810.892.19$2,181
Oct 1998074412.421.97$1,465
Sep 1998050512.592.08$1,052
Aug 1998058711.301.91$1,120
Jul 1998047511.742.24$1,063
Jun 1998076111.242.24$1,703
May 1998093912.622.21$2,072
Apr 1998069013.042.51$1,729
Mar 19981373312.802.31$1,859
Feb 19981158913.952.30$1,508
Jan 19981483514.702.15$2,005
Dec 19971375216.322.41$2,025
Nov 19971279118.193.09$2,661
Oct 1997342,25319.253.15$7,751
Sep 1997433,19617.742.95$10,207
Aug 1997493,09417.862.55$8,780
Jul 1997853,63017.582.25$9,651
Jun 19971283,74817.242.26$10,667
May 19971854,54818.972.31$14,009
Apr 19972044,35717.882.08$12,722
Mar 19971884,81418.951.94$12,898
Feb 1997105,30820.492.21$11,914
Jan 1997176,80323.483.54$24,480
Dec 1996125,19423.32$280
Nov 1996166,83021.97$352
Oct 1996309,81623.31$699
Sep 199641811,99422.22$9,288
Aug 199661320,44920.26$12,419
Jul 199654018,43819.55$10,557
Jun 199675530,88218.73$14,141
May 199672027,88719.43$13,990

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             5 bbl  × $106.41 =       $532
Gas                  943 Mcf  × $  3.05 =     $2,872

────────────────────────────────────────────────────
Month total                                   $3,404

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/159205 is the state's own key, not one this site invented.