VAQUILLAS RANCH E

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 159588District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.5 M
Jul 1996 – May 2026
Value, last 12 filed months
$173 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 Gas221996-09-13 – 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
CondensateDisposition62,370 bbl$1,435,797
GasProduction6,703,391 Mcf$23,086,542
Total$24,522,339

879,599 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 27.5871, -99.0389. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58714, -99.03887 · 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
11,315 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 11,315 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-479334503111,315 ftMar 1998

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 202683,749106.413.05$12,270
Apr 202683,66298.932.87$11,300
Mar 202653,93089.753.15$12,826
Feb 202673,36263.503.75$13,053
Jan 202673,68059.138.00$29,846
Dec 202533,75556.664.41$16,742
Nov 202583,39358.593.93$13,791
Oct 202544,00059.383.30$13,457
Sep 202583,59562.743.08$11,563
Aug 202583,89563.933.01$12,254
Jul 2025173,91466.743.32$14,110
Jun 202583,59966.483.13$11,792
May 2025103,89460.553.23$13,192
Apr 202582,77162.363.54$10,317
Mar 2025134,05867.704.27$18,201
Feb 202593,90570.884.34$17,589
Jan 2025104,59074.324.28$20,382
Dec 202404,67568.993.12$14,592
Nov 2024144,04869.052.20$9,866
Oct 2024104,07271.372.28$10,004
Sep 2024304,25569.612.36$12,149
Aug 202464,30675.632.06$9,340
Jul 2024165,03379.932.15$12,083
Jun 2024104,91278.082.63$13,719
May 2024115,07378.812.20$12,020
Apr 2024144,75384.451.66$9,068
Mar 2024104,88880.301.55$8,356
Feb 202444,72976.091.78$8,739
Jan 202484,90873.023.30$16,769
Dec 202334,53171.262.61$12,043
Nov 202384,21377.892.81$12,451
Oct 2023164,59185.443.09$15,541
Sep 2023124,87189.042.74$14,391
Aug 202385,11780.522.67$14,321
Jul 2023114,58074.852.64$12,923
Jun 2023134,87168.962.26$11,898
May 2023134,56070.622.23$11,075
Apr 202344,49778.122.24$10,376
Mar 2023155,06272.852.39$13,207
Feb 202344,71375.112.47$11,921
Jan 2023205,25776.533.39$19,340
Dec 202203,03076.415.73$17,359
Nov 202244,50885.005.65$25,793
Oct 2022164,99987.185.86$30,708
Sep 2022115,09584.888.16$42,528
Aug 2022124,91094.529.13$45,949
Jul 2022155,207101.587.54$40,795
Jun 202284,919115.097.98$40,161
May 2022135,284109.378.43$45,982
Apr 2022105,091104.226.84$35,852
Mar 2022105,436108.885.08$28,684
Feb 202273,46391.054.86$17,464
Jan 202293,35081.844.54$15,938
Dec 202144,98371.323.90$19,715
Nov 202154,93477.435.24$26,226
Oct 2021414579.795.71$1,148
Sep 20211124769.865.35$2,090
Aug 2021145,07366.024.22$22,335
Jul 202105,24770.783.98$20,894
Jun 2021185,29069.493.38$19,134
May 202145,08563.483.02$15,599
Apr 202185,01360.362.76$14,311
Mar 2021115,22161.302.72$14,859
Feb 202174,64957.805.55$26,197
Jan 202164,06450.412.81$11,723
Dec 202072,80744.642.68$7,823
Nov 2020143,07938.772.71$8,876
Oct 202073,72836.972.48$9,498
Sep 2020174,14937.091.99$8,891
Aug 202084,80039.982.39$11,768
Jul 2020166,34738.371.83$12,198
Jun 2020166,12034.901.69$10,903
May 202004,19016.921.81$7,604
Apr 202083,88414.751.80$7,126
Mar 2020143,46130.341.86$6,849
Feb 202003,33949.881.98$6,613
Jan 202063,75857.252.09$8,216
Dec 2019143,30259.012.30$8,435
Nov 201993,94255.302.75$11,341
Oct 201964,02453.472.42$10,053
Sep 2019123,55055.052.66$10,094
Aug 2019104,34353.112.30$10,539
Jul 201994,30656.272.46$11,099
Jun 2019104,53552.782.49$11,825
May 201994,39158.482.74$12,559
Apr 2019154,35762.632.75$12,924
Mar 2019194,86456.803.06$15,973
Feb 2019184,54250.852.79$13,598
Jan 2019105,25946.033.23$17,437
Dec 2018204,89046.594.19$21,399
Nov 2018434,78752.934.24$22,560
Oct 201805,06661.443.40$17,215
Sep 201805,93659.543.11$18,449
Aug 2018134,90159.403.07$15,801
Jul 2018376,53265.142.93$21,561
Jun 2018145,34560.183.08$17,289
May 2018146,44265.382.90$19,602
Apr 2018265,83763.842.90$18,592
Mar 2018274,92161.222.79$15,367
Feb 201803,81861.782.77$10,561
Jan 2018285,51562.874.01$23,872
Dec 2017435,64157.272.92$18,943
Nov 201704,50155.423.12$14,036
Oct 2017134,37549.292.98$13,694
Sep 2017114,62747.523.09$14,808
Aug 2017105,44745.373.00$16,819
Jul 201785,34143.873.09$16,840
Jun 2017175,30542.493.09$17,100
May 201786,01645.373.26$19,996
Apr 2017156,32547.933.21$21,032
Mar 2017215,19746.772.98$16,488
Feb 2017245,32050.452.95$16,919
Jan 2017126,16149.413.42$21,656
Dec 2016246,28648.763.72$24,572
Nov 2016314,98342.492.64$14,494
Oct 2016125,75146.193.09$18,326
Sep 2016116,45041.553.10$20,456
Aug 201656,05541.442.92$17,914
Jul 2016127,40741.622.92$22,160
Jun 2016217,33845.352.69$20,661
May 201636,61942.521.99$13,306
Apr 2016106,59636.561.99$13,499
Mar 201606,06233.011.79$10,875
Feb 201615,79826.472.06$11,991
Jan 201617,12627.352.36$16,876
Dec 201505,06232.362.00$10,131
Nov 201504,69938.792.17$10,184
Oct 201544,92743.552.43$12,130
Sep 201505,79942.992.76$15,996
Aug 201536,09440.162.87$17,625
Jul 201545,52848.152.95$16,473
Jun 201505,83656.152.88$16,824
May 201515,75155.212.96$17,052
Apr 201505,62149.822.71$15,214
Mar 201505,66742.892.93$16,631
Feb 201505,56744.662.98$16,568
Jan 201525,86143.433.10$18,260
Dec 201406,30054.693.59$22,626
Nov 201455,98470.464.25$25,795
Oct 201456,50278.303.90$25,756
Sep 201446,38386.164.05$26,167
Aug 201406,40389.394.04$25,837
Jul 201406,35596.564.18$26,561
Jun 201406,42298.164.74$30,420
May 201405,91494.734.73$27,953
Apr 201405,60395.944.81$26,946
Mar 201404,75295.895.06$24,030
Feb 201414,52897.406.19$28,135
Jan 201425,80390.404.86$28,388
Dec 201376,67191.824.35$29,691
Nov 201376,16188.853.74$23,653
Oct 2013156,08997.423.78$24,474
Sep 201396,481104.113.72$25,032
Aug 2013126,673104.253.52$24,757
Jul 2013156,856102.523.72$27,027
Jun 201307,26394.403.93$28,568
May 2013377,68994.834.15$35,411
Apr 2013186,87893.964.28$31,147
Mar 2013157,63293.623.91$31,267
Feb 2013536,75691.233.42$27,940
Jan 2013187,12191.603.42$26,002
Dec 2012337,69686.773.42$29,185
Nov 2012137,18586.953.62$27,176
Oct 2012145,96789.383.40$21,537
Sep 201205,71194.672.92$16,667
Aug 201205,23392.662.91$15,218
Jul 201205,45585.133.02$16,478
Jun 201204,40579.822.52$11,096
May 201204,68791.612.49$11,663
Apr 201206,038101.652.00$12,057
Mar 201207,897105.052.22$17,548
Feb 201207,293101.102.57$18,745
Jan 201207,68298.092.73$21,003
Dec 201107,52996.873.24$24,392
Nov 201107,35795.723.31$24,361
Oct 201107,67884.983.65$28,013
Sep 201107,36383.623.99$29,347
Aug 201108,13783.404.15$33,763
Jul 201106,75994.144.52$30,532
Jun 201105,50692.904.64$25,547
May 201107,24198.134.40$31,895
Apr 201107,654105.964.33$33,167
Mar 201108,12196.364.06$32,950
Feb 201108,70385.644.18$36,378
Jan 201109,52386.504.59$43,699
Dec 201009,71085.734.35$42,217
Nov 201009,29480.843.80$35,274
Oct 201009,78678.103.51$34,338
Sep 201009,87872.633.98$39,309
Aug 2010010,94773.684.42$48,379
Jul 2010011,63272.554.74$55,095
Jun 2010011,65770.364.91$57,241
May 2010010,91471.124.24$46,223
Apr 2010010,07981.694.12$41,553
Mar 2010010,30478.394.39$45,221
Feb 201008,76273.585.44$47,686
Jan 201009,86574.365.96$58,836
Dec 2009011,00671.445.48$60,354
Nov 2009011,78974.593.75$44,226
Oct 2009012,01172.544.11$49,368
Sep 2009011,64565.543.06$35,689
Aug 2009011,78267.423.22$37,920
Jul 2009011,67561.133.46$40,448
Jun 2009010,74566.163.90$41,852
May 20091111,60854.743.93$46,172
Apr 20091611,71446.773.59$42,772
Mar 2009811,50642.144.06$47,040
Feb 2009810,41432.814.63$48,511
Jan 2009912,90835.865.37$69,652
Dec 20081012,97837.105.98$77,942
Nov 20082113,14455.496.86$91,338
Oct 2008713,12475.246.92$91,371
Sep 2008612,865101.767.88$101,949
Aug 2008213,630114.228.48$115,852
Jul 2008611,566131.0811.39$132,517
Jun 2008212,051131.3313.03$157,319
May 2008513,291123.1711.57$154,450
Apr 20081513,762110.3110.45$145,534
Mar 20083914,725101.909.66$146,278
Feb 20084014,15792.538.77$127,866
Jan 20083814,10590.388.21$119,176
Dec 20073915,75288.337.30$118,466
Nov 20073515,98891.677.29$119,788
Oct 20075817,50382.856.92$125,961
Sep 20078620,33075.846.24$133,466
Aug 20076218,16269.066.39$120,299
Jul 2007201,92870.906.39$13,734
Jun 20074411,44962.007.55$89,150
May 20076211,13358.747.85$90,995
Apr 20076012,77159.617.81$103,257
Mar 20076413,41756.927.30$101,613
Feb 20073812,20455.108.22$102,362
Jan 20072512,12750.306.73$82,834
Dec 20062913,41756.656.92$94,468
Nov 20063013,58754.207.62$105,125
Oct 20066015,44554.906.01$96,177
Sep 20064413,43060.085.04$70,293
Aug 20064513,39668.717.34$101,418
Jul 20065613,62769.376.34$90,318
Jun 2006569,18566.286.38$62,348
May 20066112,02166.016.42$81,262
Apr 20065711,43964.397.36$87,867
Mar 2006014,32656.707.08$101,470
Feb 200608,46357.597.75$65,598
Jan 2006012,33160.598.93$110,157
Dec 2005013,24054.9413.42$177,620
Nov 2005014,07354.6910.59$149,011
Oct 20055417,08658.3413.80$238,865
Sep 200527013,69661.4512.08$182,025
Aug 200524917,56561.519.80$187,397
Jul 200530117,36055.697.84$152,928
Jun 200518523,01452.337.38$179,548
May 200516622,31745.226.65$155,940
Apr 200524016,84349.207.36$135,781
Mar 200517316,70950.377.15$128,265
Feb 200514313,93445.226.31$94,417
Jan 20058012,82043.166.32$84,503
Dec 200414412,45739.866.75$89,838
Nov 200412413,57645.286.33$91,557
Oct 200412223,86349.706.52$161,533
Sep 200435423,64443.245.28$140,239
Aug 200418024,93642.375.55$146,038
Jul 200416123,30538.286.08$147,955
Jun 200411822,71236.106.43$150,367
May 200418623,08537.486.49$156,899
Apr 200416221,50934.475.86$131,594
Mar 20048924,60334.365.53$139,116
Feb 20046215,23832.455.51$85,967
Jan 20046916,77332.036.30$107,874
Dec 200313518,25930.266.30$119,147
Nov 20038923,10828.804.60$108,748
Oct 200311824,97128.174.76$122,177
Sep 20038926,96526.314.75$130,408
Aug 200312327,83429.765.13$146,441
Jul 200315134,02229.415.17$180,363
Jun 20039034,90528.565.98$211,406
May 200316626,02626.595.97$159,859
Apr 200316828,86226.675.41$160,545
Mar 200321440,84031.146.10$255,626
Feb 200317439,67933.487.93$320,317
Jan 200320133,11830.315.58$190,958
Dec 200220042,06426.914.85$209,551
Nov 200228445,71324.664.14$196,116
Oct 200252958,59826.464.23$261,815
Sep 200227828,26627.443.64$110,381
Aug 200226526,07425.963.16$89,382
Jul 200231930,89124.583.06$102,422
Jun 200224430,67223.733.34$108,181
May 200222327,35024.663.58$103,522
Apr 200232228,31323.653.51$107,060
Mar 200239928,34122.003.10$96,712
Feb 200217226,02918.222.38$64,970
Jan 200232928,38117.172.38$73,073
Dec 200127230,12116.932.36$75,823
Nov 200126226,83218.072.41$69,279
Oct 200125928,67919.782.53$77,649
Sep 200118126,76124.262.25$64,639
Aug 200118029,83924.873.05$95,580
Jul 200113827,81823.933.20$92,239
Jun 200119226,33024.563.82$105,406
May 200128926,96925.524.31$123,539
Apr 200123727,49824.685.34$152,560
Mar 200123627,14024.545.38$151,708
Feb 200111726,03027.755.77$153,364
Jan 200122330,10227.478.40$258,945
Dec 200021731,46726.889.12$292,891
Nov 200018428,22332.215.66$165,612
Oct 200020830,94731.235.15$165,734
Sep 200011430,84131.875.19$163,590
Aug 2000031,60229.644.54$143,497
Jul 2000031,42128.534.09$128,504
Jun 2000031,04829.304.40$136,526
May 2000035,10227.263.68$129,167
Apr 2000033,36324.513.12$103,959
Mar 2000037,25128.422.86$106,529
Feb 2000033,95027.622.73$92,565
Jan 2000036,48225.272.48$90,494
Dec 199917435,02424.282.42$89,113
Nov 199995733,87223.192.43$104,637
Oct 199999537,34020.982.80$125,566
Sep 19991,13543,67521.752.62$139,065
Aug 199993942,89419.262.88$141,431
Jul 19991,16642,29317.892.37$121,194
Jun 199993342,60615.942.36$115,512
May 199996741,76915.792.32$112,216
Apr 199998242,14315.102.21$107,882
Mar 19991,38843,62012.471.84$97,496
Feb 19991,12344,6669.981.82$92,401
Jan 19991,20354,29610.381.90$115,647
Dec 199882652,9239.201.77$101,449
Nov 199873654,50510.892.19$127,148
Oct 199871675,53712.421.97$157,641
Sep 199824162,21512.592.08$132,604
Aug 199866453,58711.301.91$109,712
Jul 199854054,80111.742.24$128,944
Jun 199851648,91111.242.24$115,227
May 199842250,50112.622.21$116,748
Apr 199839953,61513.042.51$139,526
Mar 199855259,35912.802.31$144,152
Feb 199866154,67013.952.30$134,914
Jan 199880863,75714.702.15$149,261
Dec 199797565,14116.322.41$172,973
Nov 199774245,13618.193.09$152,889
Oct 19971,18677,34319.253.15$266,447
Sep 19971,14172,87217.742.95$235,569
Aug 19971,19975,97217.862.55$215,503
Jul 19971,27079,70317.582.25$201,414
Jun 19971,49080,37017.242.26$207,099
May 19972,02990,19618.972.31$246,708
Apr 19972,44182,47917.882.08$215,431
Mar 19972,43998,00718.951.94$236,268
Feb 19972,246100,31320.492.21$267,301
Jan 19972,494130,01123.483.54$518,759
Dec 19961,720153,90623.32$40,110
Nov 19961,852155,44621.97$40,688
Oct 19961,925193,46923.31$44,872
Sep 19961,674195,02822.22$37,196
Aug 19961,311180,79920.26$26,561
Jul 1996295119.55$39

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             8 bbl  × $106.41 =       $851
Gas                3,749 Mcf  × $  3.05 =    $11,419

────────────────────────────────────────────────────
Month total                                  $12,270

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/159588 is the state's own key, not one this site invented.