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 160361District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$968 k
Oct 1996 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
356
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 Gas221996-12-03 – 2002-04-112 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
CondensateDisposition3,551 bbl$111,525
GasProduction280,933 Mcf$856,844
Total$968,369

44,010 Mcf of this lease's gas, across 3 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 27.6158, -99.1008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61576, -99.10084 · 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
10,200 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 10,200 ft.

Completions filed
Oct 1996
1 of 1 wells

1 well

42-479348123210,200 ftOct 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 (356)

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

356 months

May 20261279106.413.05$956
Apr 2026326398.932.87$1,052
Mar 2026643889.753.15$1,918
Feb 2026063363.503.75$2,374
Jan 2026231559.138.00$2,638
Dec 2025327256.664.41$1,370
Nov 2025329558.593.93$1,334
Oct 2025437059.383.30$1,460
Sep 2025140562.743.08$1,309
Aug 2025323463.933.01$897
Jul 2025125566.743.32$912
Jun 2025322366.483.13$897
May 2025125760.553.23$891
Apr 2025229462.363.54$1,166
Mar 2025118967.704.27$874
Feb 2025221670.884.34$1,079
Jan 2025127574.324.28$1,251
Dec 2024321468.993.12$875
Nov 2024122169.052.20$555
Oct 2024224471.372.28$699
Sep 2024221169.612.36$638
Aug 2024427275.632.06$864
Jul 2024128379.932.15$687
Jun 2024427478.082.63$1,034
May 2024330278.812.20$900
Apr 2024236784.451.66$778
Mar 2024350280.301.55$1,017
Feb 2024347676.091.78$1,077
Jan 2024340273.023.30$1,545
Dec 2023135171.262.61$988
Nov 2023337277.892.81$1,278
Oct 2023536985.443.09$1,566
Sep 2023236889.042.74$1,185
Aug 2023330580.522.67$1,057
Jul 2023336674.852.64$1,191
Jun 2023441468.962.26$1,211
May 2023226370.622.23$727
Apr 2023324178.122.24$774
Mar 2023339972.852.39$1,173
Feb 2023212275.112.47$451
Jan 202319076.533.39$381
Dec 2022219376.415.73$1,259
Nov 2022112885.005.65$808
Oct 2022025787.185.86$1,507
Sep 2022138684.888.16$3,236
Aug 2022133794.529.13$3,170
Jul 20221263101.587.54$2,085
Jun 20221467115.097.98$3,840
May 20221808109.378.43$6,923
Apr 20222368104.226.84$2,725
Mar 20222204108.885.08$1,253
Feb 2022122091.054.86$1,160
Jan 2022122081.844.54$1,080
Dec 2021129171.323.90$1,206
Nov 2021216577.435.24$1,019
Oct 2021119279.795.71$1,177
Sep 2021220969.865.35$1,258
Aug 2021224566.024.22$1,166
Jul 2021126770.783.98$1,134
Jun 2021241869.493.38$1,552
May 2021261063.483.02$1,968
Apr 2021219360.362.76$653
Mar 2021220761.302.72$685
Feb 2021122257.805.55$1,289
Jan 2021313950.412.81$542
Dec 2020627744.642.68$1,009
Nov 20201233638.772.71$1,375
Oct 20201338436.972.48$1,432
Sep 20201723737.091.99$1,102
Aug 20202428039.982.39$1,627
Jul 20202424838.371.83$1,374
Jun 20203126134.901.69$1,523
May 20201823216.921.81$726
Apr 20203922314.751.80$978
Mar 20203126930.341.86$1,440
Feb 20202921649.881.98$1,874
Jan 20204156457.252.09$3,529
Dec 20193016759.012.30$2,155
Nov 2019520755.302.75$846
Oct 2019626353.472.42$957
Sep 2019519655.052.66$796
Aug 2019515953.112.30$632
Jul 2019525756.272.46$914
Jun 2019529352.782.49$994
May 2019228958.482.74$909
Apr 2019432462.632.75$1,142
Mar 2019324056.803.06$905
Feb 2019324150.852.79$825
Jan 2019536746.033.23$1,415
Dec 2018342646.594.19$1,923
Nov 2018339552.934.24$1,833
Oct 2018345161.443.40$1,717
Sep 2018237159.543.11$1,272
Aug 2018344259.403.07$1,534
Jul 2018326765.142.93$978
Jun 2018226760.183.08$942
May 2018324565.382.90$907
Apr 2018430163.842.90$1,129
Mar 2018527761.222.79$1,078
Feb 2018422761.782.77$875
Jan 2018532562.874.01$1,617
Dec 2017424557.272.92$945
Nov 2017531355.423.12$1,253
Oct 2017327549.292.98$968
Sep 2017225047.523.09$867
Aug 2017219945.373.00$689
Jul 2017324943.873.09$900
Jun 2017221942.493.09$761
May 2017231045.373.26$1,102
Apr 2017228847.933.21$1,021
Mar 2017231846.772.98$1,042
Feb 2017118950.452.95$608
Jan 2017322249.413.42$907
Dec 2016228048.763.72$1,140
Nov 2016728842.492.64$1,059
Oct 20161626646.193.09$1,561
Sep 20161634541.553.10$1,735
Aug 20161743941.442.92$1,988
Jul 2016451241.622.92$1,664
Jun 2016345745.352.69$1,363
May 2016546342.521.99$1,134
Apr 20161735536.561.99$1,328
Mar 20161765333.011.79$1,733
Feb 20161129126.472.06$892
Jan 20161226427.352.36$952
Dec 2015825132.362.00$761
Nov 2015021438.792.17$464
Oct 20151747543.552.43$1,893
Sep 20153351642.992.76$2,842
Aug 20151123240.162.87$1,108
Jul 20151624948.152.95$1,504
Jun 20152025856.152.88$1,867
May 20152032655.212.96$2,068
Apr 20151630449.822.71$1,620
Mar 2015030642.892.93$898
Feb 2015027744.662.98$824
Jan 2015055443.433.10$1,718
Dec 2014037954.693.59$1,361
Nov 2014038970.464.25$1,654
Oct 2014043278.303.90$1,685
Sep 2014069686.164.05$2,816
Aug 2014088789.394.04$3,579
Jul 2014064896.564.18$2,708
Jun 2014023598.164.74$1,113
May 2014726994.734.73$1,935
Apr 20142831295.944.81$4,187
Mar 20142346995.895.06$4,577
Feb 20144050297.406.19$7,004
Jan 20142653490.404.86$4,946
Dec 20132032291.824.35$3,239
Nov 20132331488.853.74$3,217
Oct 20131633597.423.78$2,825
Sep 20130717104.113.72$2,666
Aug 20130293104.253.52$1,032
Jul 20130268102.523.72$996
Jun 2013028394.403.93$1,113
May 2013033794.834.15$1,398
Apr 2013058393.964.28$2,497
Mar 2013052893.623.91$2,066
Feb 2013023391.233.42$797
Jan 2013027791.603.42$947
Dec 2012030486.773.42$1,040
Nov 2012032986.953.62$1,193
Oct 2012057889.383.40$1,965
Sep 2012036694.672.92$1,068
Aug 2012041692.662.91$1,210
Jul 2012030785.133.02$927
Jun 2012029379.822.52$738
May 2012036191.612.49$898
Apr 20120380101.652.00$759
Mar 20120502105.052.22$1,115
Feb 20120743101.102.57$1,910
Jan 2012045098.092.73$1,230
Dec 2011058696.873.24$1,898
Nov 2011072095.723.31$2,384
Oct 2011031384.983.65$1,142
Sep 2011047183.623.99$1,877
Aug 2011061783.404.15$2,560
Jul 2011028294.144.52$1,274
Jun 2011026292.904.64$1,216
May 2011028098.134.40$1,233
Apr 20110318105.964.33$1,378
Mar 2011034696.364.06$1,404
Feb 2011053585.644.18$2,236
Jan 2011051786.504.59$2,372
Dec 2010071385.734.35$3,100
Nov 2010035880.843.80$1,359
Oct 2010079678.103.51$2,793
Sep 2010023372.633.98$927
Aug 2010026673.684.42$1,176
Jul 2010028372.554.74$1,340
Jun 2010031970.364.91$1,566
May 2010058571.124.24$2,478
Apr 2010032181.694.12$1,323
Mar 2010041778.394.39$1,830
Feb 2010048773.585.44$2,650
Jan 2010044374.365.96$2,642
Dec 2009040571.445.48$2,221
Nov 2009051074.593.75$1,913
Oct 2009083672.544.11$3,436
Sep 2009035465.543.06$1,085
Aug 2009067367.423.22$2,166
Jul 2009039161.133.46$1,355
Jun 2009091966.163.90$3,580
May 2009026254.743.93$1,029
Apr 2009039746.773.59$1,424
Mar 2009091642.144.06$3,718
Feb 2009021732.814.63$1,005
Jan 2009031535.865.37$1,692
Dec 2008041437.105.98$2,475
Nov 2008041755.496.86$2,861
Oct 2008038175.246.92$2,637
Sep 20080378101.767.88$2,978
Aug 20080495114.228.48$4,199
Jul 20080457131.0811.39$5,205
Jun 20080452131.3313.03$5,891
May 20080557123.1711.57$6,447
Apr 20080623110.3110.45$6,513
Mar 200801,295101.909.66$12,515
Feb 2008098092.538.77$8,595
Jan 2008018090.388.21$1,477
Dec 2007020388.337.30$1,482
Nov 2007031591.677.29$2,297
Oct 2007026982.856.92$1,862
Sep 2007037775.846.24$2,354
Aug 200703269.066.39$204
Jul 200701,06870.906.39$6,822
Jun 2007020962.007.55$1,578
May 2007059058.747.85$4,629
Apr 2007043959.617.81$3,426
Mar 2007023356.927.30$1,701
Feb 2007072755.108.22$5,973
Jan 200701,95950.306.73$13,178
Dec 200601,32456.656.92$9,160
Nov 200605354.207.62$404
Oct 2006017854.906.01$1,070
Sep 2006029460.085.04$1,481
Aug 200602868.717.34$206
Jul 20060069.376.34$0
Jun 2006028066.286.38$1,787
May 200602266.016.42$141
Apr 200601664.397.36$118
Mar 2006011156.707.08$786
Feb 2006011357.597.75$876
Jan 2006025660.598.93$2,287
Dec 200508554.9413.42$1,140
Nov 2005017454.6910.59$1,842
Oct 2005018358.3413.80$2,525
Sep 200506861.4512.08$821
Aug 200502161.519.80$206
Jul 2005062255.697.84$4,879
Jun 2005031852.337.38$2,347
May 2005034345.226.65$2,281
Apr 2005033349.207.36$2,451
Mar 2005052750.377.15$3,771
Feb 2005028445.226.31$1,793
Jan 2005064043.166.32$4,046
Dec 200401,17439.866.75$7,926
Nov 200401,18745.286.33$7,514
Oct 200404749.706.52$306
Sep 2004016743.245.28$882
Aug 2004026042.375.55$1,443
Jul 2004086038.286.08$5,232
Jun 200402,16536.106.43$13,927
May 2004025737.486.49$1,669
Apr 2004012934.475.86$756
Mar 2004014034.365.53$774
Feb 200406832.455.51$375
Jan 2004029932.036.30$1,884
Dec 2003019530.266.30$1,229
Nov 2003022028.804.60$1,011
Oct 2003037128.174.76$1,766
Sep 2003046926.314.75$2,227
Aug 2003070329.765.13$3,606
Jul 2003068029.415.17$3,516
Jun 2003074528.565.98$4,457
May 200301,03626.595.97$6,188
Apr 2003062726.675.41$3,390
Mar 2003076331.146.10$4,651
Feb 2003054933.487.93$4,351
Jan 2003060330.315.58$3,366
Dec 2002039526.914.85$1,917
Nov 2002052824.664.14$2,184
Oct 2002054626.464.23$2,309
Sep 2002061427.443.64$2,232
Aug 2002049625.963.16$1,569
Jul 2002050224.583.06$1,537
Jun 2002054723.733.34$1,826
May 2002056224.663.58$2,014
Apr 2002046423.653.51$1,630
Mar 2002077122.003.10$2,392
Feb 2002054618.222.38$1,297
Jan 2002058717.172.38$1,395
Dec 2001074016.932.36$1,750
Nov 2001075418.072.41$1,814
Oct 2001085119.782.53$2,152
Sep 2001084624.262.25$1,905
Aug 2001050024.873.05$1,527
Jul 2001077523.933.20$2,478
Jun 2001055024.563.82$2,103
May 2001063125.524.31$2,718
Apr 2001070524.685.34$3,761
Mar 2001070124.545.38$3,769
Feb 2001044327.755.77$2,555
Jan 2001063627.478.40$5,342
Dec 2000054926.889.12$5,008
Nov 2000063932.215.66$3,615
Oct 200001,09231.235.15$5,619
Sep 200001,17931.875.19$6,115
Aug 2000095529.644.54$4,336
Jul 2000091428.534.09$3,738
Jun 200001,24529.304.40$5,475
May 200001,18027.263.68$4,342
Apr 200001,26024.513.12$3,926
Mar 200001,10528.422.86$3,160
Feb 200001,03927.622.73$2,833
Jan 200001,35125.272.48$3,351
Dec 199991,35524.282.42$3,503
Nov 19991191,14223.192.43$5,539
Oct 19991161,07320.982.80$5,442
Sep 19991451,28821.752.62$6,527
Aug 19991321,34819.262.88$6,419
Jul 19991651,51817.892.37$6,553
Jun 1999151,88415.942.36$4,689
May 1999151,86315.792.32$4,561
Apr 1999192,01315.102.21$4,732
Mar 1999242,34212.471.84$4,605
Feb 1999222,2509.981.82$4,310
Jan 1999112,39710.381.90$4,668
Dec 199881,4739.201.77$2,686
Nov 199891,63910.892.19$3,680
Oct 199881,75512.421.97$3,555
Sep 199801,47612.592.08$3,074
Aug 199801,62911.301.91$3,107
Jul 199821,61911.742.24$3,646
Jun 1998191,23511.242.24$2,977
May 1998211,85812.622.21$4,364
Apr 1998221,61213.042.51$4,325
Mar 199891,58712.802.31$3,780
Feb 1998102,01913.952.30$4,781
Jan 1998101,51614.702.15$3,414
Dec 1997122,52216.322.41$6,277
Nov 199702,54818.193.09$7,869
Oct 199703,03019.253.15$9,544
Sep 199703,39917.742.95$10,044
Aug 199703,70717.862.55$9,470
Jul 199704,02317.582.25$9,039
Jun 199704,65617.242.26$10,510
May 199705,48718.972.31$12,667
Apr 199706,25917.882.08$13,036
Mar 199707,70818.951.94$14,947
Feb 199708,04620.492.21$17,749
Jan 19974111,65223.483.54$42,207
Dec 199649613,07423.32$11,567
Nov 199654316,45121.97$11,930
Oct 199652914,48523.31$12,331

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                  279 Mcf  × $  3.05 =       $850

────────────────────────────────────────────────────
Month total                                     $956

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/160361 is the state's own key, not one this site invented.