VAQUILLAS RANCH CO. LTD

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 159542District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jul 1996 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
359
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 Gas221997-03-12 – 2002-04-162 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
CondensateDisposition6,834 bbl$227,063
GasProduction643,895 Mcf$1,865,708
Total$2,092,771

137,202 Mcf of this lease's gas, across 6 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 27.6662, -99.0660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66622, -99.06602 · 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
10,009 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 10,009 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-479355294510,009 ftJul 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 (359)

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

359 months

May 20261314106.413.05$1,063
Apr 202619398.932.87$366
Mar 2026219489.753.15$790
Feb 202602063.503.75$75
Jan 2026136159.138.00$2,946
Dec 202522256.664.41$210
Nov 2025318558.593.93$902
Oct 2025137959.383.30$1,312
Sep 202523562.743.08$233
Aug 2025144563.933.01$1,406
Jul 202523366.743.32$243
Jun 2025337266.483.13$1,363
May 202513060.553.23$158
Apr 2025342862.363.54$1,704
Mar 202514667.704.27$264
Feb 2025137570.884.34$1,699
Jan 202513874.324.28$237
Dec 2024240868.993.12$1,412
Nov 202402869.052.20$62
Oct 202403671.372.28$82
Sep 202437669.612.36$389
Aug 2024452175.632.06$1,378
Jul 202415079.932.15$187
Jun 2024633778.082.63$1,356
May 2024440278.812.20$1,199
Apr 202446284.451.66$441
Mar 2024537980.301.55$987
Feb 2024533376.091.78$974
Jan 202456573.023.30$579
Dec 2023145071.262.61$1,246
Nov 202329377.892.81$417
Oct 2023326385.443.09$1,068
Sep 2023128389.042.74$863
Aug 2023267780.522.67$1,971
Jul 202321,14674.852.64$3,177
Jun 2023350068.962.26$1,336
May 2023110870.622.23$311
Apr 2023322278.122.24$731
Mar 2023329372.852.39$920
Feb 202329075.112.47$372
Jan 2023130276.533.39$1,100
Dec 20223376.415.73$246
Nov 202258285.005.65$888
Oct 2022313087.185.86$1,024
Sep 2022646484.888.16$4,297
Aug 2022635394.529.13$3,789
Jul 20226706101.587.54$5,934
Jun 20223115115.097.98$1,263
May 20224485109.378.43$4,528
Apr 20225536104.226.84$4,186
Mar 20226754108.885.08$4,481
Feb 202241,07791.054.86$5,597
Jan 2022469081.844.54$3,458
Dec 2021415771.323.90$897
Nov 2021613777.435.24$1,182
Oct 2021459179.795.71$3,696
Sep 2021670369.865.35$4,181
Aug 2021750966.024.22$2,610
Jul 2021444070.783.98$2,035
Jun 2021643469.493.38$1,884
May 2021456863.483.02$1,968
Apr 2021456360.362.76$1,794
Mar 2021570161.302.72$2,211
Feb 2021372057.805.55$4,168
Jan 2021765650.412.81$2,196
Dec 2020978144.642.68$2,491
Nov 20201277738.772.71$2,568
Oct 20201366036.972.48$2,116
Sep 20201688937.091.99$2,363
Aug 20202383439.982.39$2,909
Jul 20202082538.371.83$2,273
Jun 20201784934.901.69$2,028
May 2020387416.921.81$1,637
Apr 2020781914.751.80$1,581
Mar 2020592030.341.86$1,859
Feb 2020598149.881.98$2,192
Jan 202081,06657.252.09$2,691
Dec 2019111,04759.012.30$3,062
Nov 20193493355.302.75$4,447
Oct 2019391,09653.472.42$4,736
Sep 2019301,20355.052.66$4,848
Aug 2019291,17153.112.30$4,239
Jul 2019321,31956.272.46$5,045
Jun 2019341,58652.782.49$5,746
May 2019271,28458.482.74$5,098
Apr 2019541,46062.632.75$7,398
Mar 2019341,22256.803.06$5,673
Feb 2019401,53850.852.79$6,328
Jan 2019671,73546.033.23$8,685
Dec 2018491,88346.594.19$10,164
Nov 2018412,02652.934.24$10,755
Oct 2018482,77561.443.40$12,379
Sep 2018303,42459.543.11$12,428
Aug 2018355,38459.403.07$18,589
Jul 2018287,87365.142.93$24,907
Jun 20182360.183.08$130
May 20182265.382.90$137
Apr 20183363.842.90$200
Mar 20184461.222.79$256
Feb 20183361.782.77$194
Jan 20184462.874.01$268
Dec 20173357.272.92$181
Nov 20174455.423.12$234
Oct 201721049.292.98$128
Sep 201713347.523.09$149
Aug 20171145.373.00$48
Jul 201711643.873.09$93
Jun 201712242.493.09$110
May 201711945.373.26$107
Apr 201713347.933.21$154
Mar 20170046.772.98$0
Feb 201701950.452.95$56
Jan 201712449.413.42$131
Dec 201612548.763.72$142
Nov 201622642.492.64$154
Oct 201652546.193.09$308
Sep 2016164141.553.10$792
Aug 2016162141.442.92$724
Jul 201603341.622.92$97
Jun 201603245.352.69$86
May 201603542.521.99$70
Apr 201601436.561.99$28
Mar 201601733.011.79$31
Feb 201603126.472.06$64
Jan 201605227.352.36$123
Dec 20150032.362.00$0
Nov 20150338.792.17$7
Oct 201563843.552.43$354
Sep 2015153642.992.76$744
Aug 201584040.162.87$436
Jul 2015103748.152.95$590
Jun 2015174156.152.88$1,073
May 2015207655.212.96$1,329
Apr 2015113049.822.71$629
Mar 201503742.892.93$109
Feb 201502944.662.98$86
Jan 201503643.433.10$112
Dec 201404254.693.59$151
Nov 201403870.464.25$162
Oct 201404378.303.90$168
Sep 201404686.164.05$186
Aug 201402889.394.04$113
Jul 201404996.564.18$205
Jun 201404598.164.74$213
May 201455194.734.73$715
Apr 2014184395.944.81$1,934
Mar 2014125195.895.06$1,409
Feb 2014164697.406.19$1,843
Jan 2014124890.404.86$1,318
Dec 2013155591.824.35$1,617
Nov 201339388.853.74$614
Oct 2013113897.423.78$1,215
Sep 2013050104.113.72$186
Aug 2013059104.253.52$208
Jul 2013063102.523.72$234
Jun 201305994.403.93$232
May 201306094.834.15$249
Apr 201306293.964.28$266
Mar 201307093.623.91$274
Feb 201306191.233.42$209
Jan 201307791.603.42$263
Dec 201208886.773.42$301
Nov 201209986.953.62$359
Oct 2012013889.383.40$469
Sep 2012013994.672.92$406
Aug 2012020092.662.91$582
Jul 2012012285.133.02$369
Jun 2012018179.822.52$456
May 2012064491.612.49$1,602
Apr 20120436101.652.00$871
Mar 20120212105.052.22$471
Feb 20120194101.102.57$499
Jan 2012025898.092.73$705
Dec 2011037996.873.24$1,228
Nov 2011071295.723.31$2,358
Oct 201101,29784.983.65$4,732
Sep 2011072883.623.99$2,902
Aug 2011013483.404.15$556
Jul 2011014394.144.52$646
Jun 2011016092.904.64$742
May 2011014598.134.40$639
Apr 20110199105.964.33$862
Mar 2011020496.364.06$828
Feb 2011020385.644.18$849
Jan 2011029386.504.59$1,345
Dec 2010033685.734.35$1,461
Nov 2010035280.843.80$1,336
Oct 2010038078.103.51$1,333
Sep 2010060872.633.98$2,420
Aug 2010039773.684.42$1,754
Jul 2010026672.554.74$1,260
Jun 2010058670.364.91$2,877
May 201001,14271.124.24$4,837
Apr 2010076481.694.12$3,150
Mar 2010091378.394.39$4,007
Feb 2010088773.585.44$4,827
Jan 201001,06574.365.96$6,352
Dec 200901,08371.445.48$5,939
Nov 200901,06274.593.75$3,984
Oct 200901,24372.544.11$5,109
Sep 200901,46165.543.06$4,478
Aug 2009061867.423.22$1,989
Jul 2009066661.133.46$2,307
Jun 2009097866.163.90$3,809
May 200901,19054.743.93$4,672
Apr 200901,41046.773.59$5,058
Mar 2009084742.144.06$3,438
Feb 200901,02432.814.63$4,744
Jan 200901,05235.865.37$5,650
Dec 200801,71737.105.98$10,263
Nov 200801,20355.496.86$8,253
Oct 200802,51275.246.92$17,388
Sep 20080946101.767.88$7,452
Aug 20080447114.228.48$3,792
Jul 200801,068131.0811.39$12,164
Jun 200801,542131.3313.03$20,096
May 200801,123123.1711.57$12,998
Apr 200801,217110.3110.45$12,724
Mar 200801,231101.909.66$11,896
Feb 200801,40692.538.77$12,331
Jan 200801,93990.388.21$15,911
Dec 200701,45788.337.30$10,639
Nov 200721891.677.29$315
Oct 2007820082.856.92$2,047
Sep 20071028575.846.24$2,538
Aug 2007629569.066.39$2,299
Jul 2007624970.906.39$2,016
Jun 20071294862.007.55$7,900
May 2007729458.747.85$2,718
Apr 20071334859.617.81$3,491
Mar 20073062056.927.30$6,235
Feb 2007281,01255.108.22$9,857
Jan 2007822750.306.73$1,929
Dec 200646856.656.92$697
Nov 2006301,17754.207.62$10,592
Oct 200655554.906.01$605
Sep 20063133260.085.04$3,535
Aug 20065349368.717.34$7,260
Jul 20065363369.376.34$7,692
Jun 20068885066.286.38$11,259
May 2006881,01166.016.42$12,305
Apr 20065374064.397.36$8,859
Mar 2006121856.707.08$1,601
Feb 2006113457.597.75$1,096
Jan 2006271660.598.93$6,517
Dec 2005241554.9413.42$5,677
Nov 2005370154.6910.59$7,587
Oct 2005497758.3413.80$13,712
Sep 200581,46761.4512.08$18,211
Aug 2005482,29761.519.80$25,456
Jul 20051976655.697.84$7,066
Jun 2005751,94952.337.38$18,310
May 2005802,56545.226.65$20,678
Apr 20051052,76049.207.36$25,481
Mar 200501,29850.377.15$9,287
Feb 2005055345.226.31$3,490
Jan 2005062543.166.32$3,951
Dec 2004037939.866.75$2,559
Nov 200401,64145.286.33$10,388
Oct 200402,61649.706.52$17,044
Sep 200411,64843.245.28$8,751
Aug 2004628942.375.55$1,858
Jul 2004927738.286.08$2,030
Jun 20043257636.106.43$4,861
May 20041037.486.49$37
Apr 20041554634.475.86$3,716
Mar 2004351,87334.365.53$11,561
Feb 200444932.455.51$400
Jan 2004341,89432.036.30$13,021
Dec 2003482,91630.266.30$19,828
Nov 2003397928.804.60$4,585
Oct 2003242,09928.174.76$10,667
Sep 2003502,37126.314.75$12,576
Aug 2003241,26329.765.13$7,193
Jul 2003322,18829.415.17$12,255
Jun 2003402,49828.565.98$16,088
May 2003422,77226.595.97$17,673
Apr 2003482,25426.675.41$13,468
Mar 200302,04331.146.10$12,454
Feb 200331,89533.487.93$15,120
Jan 2003431,80530.315.58$11,379
Dec 2002672,88426.914.85$15,801
Nov 2002572,06924.664.14$9,965
Oct 20022496726.464.23$4,725
Sep 2002371,31427.443.64$5,792
Aug 2002642,18925.963.16$8,588
Jul 2002401,07024.583.06$4,259
Jun 20023595723.733.34$4,025
May 20025691524.663.58$4,660
Apr 2002892,16823.653.51$9,720
Mar 2002791,95622.003.10$7,807
Feb 200201,22318.222.38$2,905
Jan 200201,87517.172.38$4,454
Dec 200101,39516.932.36$3,298
Nov 200102,15518.072.41$5,184
Oct 200101,75519.782.53$4,438
Sep 200102,73724.262.25$6,162
Aug 200101,93624.873.05$5,911
Jul 200102,50523.933.20$8,009
Jun 200102,32924.563.82$8,906
May 200102,59925.524.31$11,195
Apr 200142,56024.685.34$13,757
Mar 2001593,56124.545.38$20,593
Feb 2001141,61627.755.77$9,708
Jan 2001252,55327.478.40$22,129
Dec 2000232,58726.889.12$24,218
Nov 2000373,32332.215.66$19,993
Oct 2000303,69731.235.15$19,960
Sep 2000263,90631.875.19$21,087
Aug 2000273,97129.644.54$18,832
Jul 2000223,87728.534.09$16,484
Jun 2000273,82229.304.40$17,597
May 2000253,46027.263.68$13,413
Apr 2000182,99824.513.12$9,783
Mar 200002,59628.422.86$7,424
Feb 200003,37427.622.73$9,199
Jan 200003,03525.272.48$7,528
Dec 199913,59024.282.42$8,725
Nov 1999122,25723.192.43$5,772
Oct 1999234,54220.982.80$13,217
Sep 1999234,21921.752.62$11,549
Aug 1999173,16119.262.88$9,417
Jul 1999304,83817.892.37$12,014
Jun 1999422,52315.942.36$6,629
May 1999724,33815.792.32$11,205
Apr 1999683,61815.102.21$9,016
Mar 1999934,71712.471.84$9,831
Feb 1999874,2589.981.82$8,608
Jan 1999794,66710.381.90$9,687
Dec 1998174,8659.201.77$8,784
Nov 1998154,64610.892.19$10,318
Oct 1998164,93412.421.97$9,915
Sep 1998384,48212.592.08$9,813
Aug 1998525,61011.301.91$11,288
Jul 1998414,94111.742.24$11,536
Jun 1998275,47011.242.24$12,541
May 1998407,17112.622.21$16,326
Apr 1998427,08613.042.51$18,300
Mar 1998247,20912.802.31$16,956
Feb 1998258,21313.952.30$19,232
Jan 1998176,02814.702.15$13,239
Dec 1997197,00116.322.41$17,190
Nov 1997216,15818.193.09$19,400
Oct 1997316,93019.253.15$22,425
Sep 1997279,02517.742.95$27,147
Aug 1997277,80117.862.55$20,412
Jul 19975310,17717.582.25$23,799
Jun 19977610,11417.242.26$24,140
May 199710311,89718.972.31$29,418
Apr 199711711,44317.882.08$25,925
Mar 199711311,82418.951.94$25,070
Feb 199710611,94520.492.21$28,521
Jan 199715113,91123.483.54$52,786
Dec 199617416,51523.32$4,058
Nov 199618519,01421.97$4,064
Oct 199624123,02023.31$5,618
Sep 199633623,47422.22$7,466
Aug 199646439,93220.26$9,401
Jul 199617015,24719.55$3,324

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             1 bbl  × $106.41 =       $106
Gas                  314 Mcf  × $  3.05 =       $956

────────────────────────────────────────────────────
Month total                                   $1,063

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/159542 is the state's own key, not one this site invented.