VERGARA

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) 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 159656District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$68 k
Apr 1996 – Nov 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
92
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 Gas111997-07-30134850
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
CondensateDisposition851 bbl$15,510
GasProduction29,088 Mcf$52,193
Total$67,702

10,405 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 27.5954, -99.1150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59541, -99.11504 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,010 ft
1 wells filed one
Completion to plug
7.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,010 ft.

Completions filed
Apr 1996
1 of 1 wells
Plug dates filed
Nov 2003
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479364321410,010 ftApr 1996Nov 2003Yes

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 (92)

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

92 months

Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020517.172.38$12
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200117019.782.53$197
Sep 2001822924.262.25$710
Aug 2001314224.873.05$508
Jul 200113923.933.20$149
Jun 200127324.563.82$328
May 200114725.524.31$228
Apr 2001022424.685.34$1,195
Mar 2001018024.545.38$968
Feb 2001016027.755.77$923
Jan 2001030227.478.40$2,536
Dec 200009226.889.12$839
Nov 2000013132.215.66$741
Oct 200001131.235.15$57
Sep 2000017731.875.19$918
Aug 2000024529.644.54$1,112
Jul 2000030228.534.09$1,235
Jun 2000024929.304.40$1,095
May 2000030027.263.68$1,104
Apr 2000025224.513.12$785
Mar 2000075728.422.86$2,165
Feb 2000048427.622.73$1,320
Jan 2000043325.272.48$1,074
Dec 1999014824.282.42$359
Nov 199907023.192.43$170
Oct 1999022320.982.80$625
Sep 19998011821.752.62$2,049
Aug 1999047319.262.88$1,360
Jul 1999042917.892.37$1,018
Jun 1999045415.942.36$1,072
May 1999050515.792.32$1,172
Apr 1999050515.102.21$1,115
Mar 1999051612.471.84$949
Feb 199904339.981.82$787
Jan 1999043710.381.90$830
Dec 199815399.201.77$965
Nov 199811144410.892.19$2,179
Oct 1998027912.421.97$549
Sep 1998021312.592.08$444
Aug 1998012411.301.91$237
Jul 1998013211.742.24$295
Jun 1998031111.242.24$696
May 1998027312.622.21$602
Apr 1998018313.042.51$458
Mar 1998021012.802.31$485
Feb 1998019413.952.30$446
Jan 1998027014.702.15$582
Dec 1997028416.322.41$685
Nov 1997038318.193.09$1,183
Oct 1997029219.253.15$920
Sep 19977040017.742.95$2,424
Aug 1997035417.862.55$904
Jul 1997029917.582.25$672
Jun 1997047717.242.26$1,077
May 1997352718.972.31$1,273
Apr 199712784417.882.08$4,029
Mar 1997270818.951.94$1,411
Feb 19971089420.492.21$2,177
Jan 1997383423.483.54$3,023
Dec 199631,02823.32$70
Nov 199631,00621.97$66
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19967942219.55$1,544
Jun 19961551,79618.73$2,903
May 19961663,27319.43$3,225
Apr 1996222,88021.51$473

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.

Jan 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.17 =         $0
Gas                    5 Mcf  × $  2.38 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/159656 is the state's own key, not one this site invented.