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 163765District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Jul 1997 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
347
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 Gas221997-10-03 – 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
CondensateDisposition30,968 bbl$1,186,807
GasProduction2,000,130 Mcf$7,451,901
Total$8,638,708

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 27.6193, -99.0891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61927, -99.08913 · 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
9,990 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 9,990 ft.

Completions filed
Jul 1997
1 of 1 wells

1 well

42-47935404449,990 ftJul 1997

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 (347)

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

347 months

May 202691,376106.413.05$5,149
Apr 2026151,76198.932.87$6,538
Mar 2026251,92489.753.15$8,303
Feb 202601,85463.503.75$6,953
Jan 2026151,79159.138.00$15,211
Dec 2025211,89656.664.41$9,558
Nov 2025161,86358.593.93$8,252
Oct 2025201,91359.383.30$7,510
Sep 2025111,83662.743.08$6,339
Aug 2025141,93663.933.01$6,732
Jul 202581,28966.743.32$4,807
Jun 2025221,69566.483.13$6,766
May 202541,67660.553.23$5,660
Apr 2025171,47362.363.54$6,279
Mar 202541,64967.704.27$7,309
Feb 2025141,26870.884.34$6,497
Jan 202591,68474.324.28$7,874
Dec 2024221,60768.993.12$6,534
Nov 2024101,96869.052.20$5,017
Oct 2024141,81771.372.28$5,144
Sep 2024141,32769.612.36$4,112
Aug 2024271,88675.632.06$5,934
Jul 202461,82279.932.15$4,391
Jun 2024461,88078.082.63$8,544
May 2024351,92978.812.20$6,999
Apr 2024311,99284.451.66$5,923
Mar 2024422,00280.301.55$6,466
Feb 2024401,92376.091.78$6,474
Jan 2024381,48173.023.30$7,659
Dec 202391,89671.262.61$5,591
Nov 2023161,99677.892.81$6,850
Oct 2023231,90685.443.09$7,849
Sep 2023112,02089.042.74$6,504
Aug 2023172,13680.522.67$7,078
Jul 2023162,14674.852.64$6,867
Jun 2023202,17468.962.26$6,289
May 202392,29070.622.23$5,736
Apr 202392,16578.122.24$5,548
Mar 2023111,96472.852.39$5,502
Feb 202361,79075.112.47$4,864
Jan 202352,34876.533.39$8,337
Dec 202291,87376.415.73$11,418
Nov 2022141,09985.005.65$7,395
Oct 2022874287.185.86$5,048
Sep 20221895084.888.16$9,283
Aug 2022181,92194.529.13$19,235
Jul 2022182,055101.587.54$17,327
Jun 202292,066115.097.98$17,517
May 2022122,138109.378.43$19,342
Apr 2022162,063104.226.84$15,773
Mar 2022162,116108.885.08$12,484
Feb 20221376791.054.86$4,910
Jan 2022121,83881.844.54$9,322
Dec 2021112,18071.323.90$9,285
Nov 2021112,07877.435.24$11,734
Oct 202172,11779.795.71$12,655
Sep 2021102,05469.865.35$11,689
Aug 2021141,93266.024.22$9,078
Jul 202181,89170.783.98$8,096
Jun 2021111,75869.493.38$6,708
May 2021121,81363.483.02$6,233
Apr 202191,38960.362.76$4,375
Mar 2021122,06761.302.72$6,352
Feb 202162,18357.805.55$12,458
Jan 2021152,14950.412.81$6,795
Dec 2020162,08244.642.68$6,285
Nov 2020122,17738.772.71$6,357
Oct 2020122,52436.972.48$6,699
Sep 2020152,31337.091.99$5,162
Aug 2020222,23539.982.39$6,210
Jul 2020182,09238.371.83$4,509
Jun 2020142,42134.901.69$4,581
May 202022,52316.921.81$4,612
Apr 202032,50614.751.80$4,566
Mar 202032,52730.341.86$4,782
Feb 202032,42149.881.98$4,945
Jan 202042,17257.252.09$4,779
Dec 201952,50859.012.30$6,074
Nov 2019142,36355.302.75$7,274
Oct 2019162,51853.472.42$6,945
Sep 2019122,66955.052.66$7,753
Aug 2019122,36353.112.30$6,083
Jul 2019132,69856.272.46$7,369
Jun 2019152,27052.782.49$6,447
May 2019133,08658.482.74$9,217
Apr 2019262,58062.632.75$8,725
Mar 2019161,78856.803.06$6,384
Feb 2019191,50550.852.79$5,168
Jan 2019322,57646.033.23$9,789
Dec 2018233,00946.594.19$13,666
Nov 2018192,82052.934.24$12,955
Oct 2018232,91061.443.40$11,302
Sep 2018153,05359.543.11$10,382
Aug 2018203,21259.403.07$11,038
Jul 2018202,69265.142.93$9,195
Jun 2018132,60260.183.08$8,788
May 2018152,78765.382.90$9,065
Apr 2018202,56263.842.90$8,709
Mar 2018242,79161.222.79$9,247
Feb 2018192,52261.782.77$8,150
Jan 2018252,46662.874.01$11,459
Dec 2017212,71857.272.92$9,143
Nov 2017332,46555.423.12$9,516
Oct 2017492,81749.292.98$10,820
Sep 2017342,48547.523.09$9,288
Aug 2017342,63345.373.00$9,453
Jul 2017502,67443.873.09$10,449
Jun 2017342,55142.493.09$9,320
May 2017322,62845.373.26$10,028
Apr 2017302,53547.933.21$9,579
Mar 2017262,91446.772.98$9,910
Feb 2017162,46850.452.95$8,094
Jan 2017332,64249.413.42$10,663
Dec 2016263,61748.763.72$14,733
Nov 2016463,73742.492.64$11,836
Oct 2016793,05346.193.09$13,084
Sep 2016173,25341.553.10$10,793
Aug 2016244,26741.442.92$13,473
Jul 2016253,97341.622.92$12,659
Jun 2016192,95445.352.69$8,796
May 2016142,13642.521.99$4,848
Apr 2016121,76936.561.99$3,961
Mar 201691,98033.011.79$3,849
Feb 2016121,94926.472.06$4,340
Jan 2016162,81327.352.36$7,089
Dec 2015163,44032.362.00$7,403
Nov 201503,13138.792.17$6,786
Oct 201593,46443.552.43$8,798
Sep 2015223,17542.992.76$9,704
Aug 2015123,30740.162.87$9,981
Jul 2015163,84748.152.95$12,100
Jun 2015203,87256.152.88$12,285
May 2015203,99755.212.96$12,917
Apr 2015163,38049.822.71$9,945
Mar 201503,67442.892.93$10,782
Feb 201503,27144.662.98$9,735
Jan 201503,70943.433.10$11,500
Dec 201403,78854.693.59$13,604
Nov 201403,99570.464.25$16,986
Oct 201404,23778.303.90$16,528
Sep 201403,74186.164.05$15,134
Aug 201404,08889.394.04$16,496
Jul 201403,48896.564.18$14,578
Jun 201403,59098.164.74$17,005
May 2014143,39494.734.73$17,368
Apr 2014453,25895.944.81$19,985
Mar 2014273,26495.895.06$19,094
Feb 2014463,01897.406.19$23,168
Jan 2014272,40390.404.86$14,121
Dec 2013282,41891.824.35$13,100
Nov 2013332,79988.853.74$13,396
Oct 2013112,46597.423.78$10,388
Sep 201302,924104.113.72$10,871
Aug 201302,822104.253.52$9,941
Jul 201303,303102.523.72$12,280
Jun 201303,39294.403.93$13,342
May 201303,09994.834.15$12,858
Apr 201302,99493.964.28$12,822
Mar 201302,45293.623.91$9,594
Feb 201302,41391.233.42$8,252
Jan 201303,04291.603.42$10,403
Dec 201202,75686.773.42$9,426
Nov 2012312,72986.953.62$12,588
Oct 20121902,88289.383.40$26,780
Sep 20121833,03494.672.92$26,179
Aug 20121872,74592.662.91$25,310
Jul 20123563,35685.133.02$40,444
Jun 20123873,84379.822.52$40,571
May 20123603,80991.612.49$42,458
Apr 20123533,558101.652.00$42,987
Mar 20122394,278105.052.22$34,613
Feb 201203,328101.102.57$8,554
Jan 201203,57298.092.73$9,766
Dec 201103,99196.873.24$12,930
Nov 201102,82795.723.31$9,361
Oct 201102,19984.983.65$8,023
Sep 201102,40783.623.99$9,594
Aug 201102,65683.404.15$11,021
Jul 201102,42994.144.52$10,972
Jun 201102,41292.904.64$11,191
May 201102,04998.134.40$9,025
Apr 201102,992105.964.33$12,965
Mar 201103,22696.364.06$13,089
Feb 201103,73085.644.18$15,591
Jan 201103,59686.504.59$16,501
Dec 201002,95285.734.35$12,835
Nov 201003,55780.843.80$13,500
Oct 2010272,14178.103.51$9,621
Sep 20102822,23372.633.98$29,368
Aug 2010613,16673.684.42$18,486
Jul 20101623,44872.554.74$28,085
Jun 2010612,89670.364.91$18,512
May 2010522,17871.124.24$12,923
Apr 2010282,63781.694.12$13,159
Mar 2010583,21078.394.39$18,634
Feb 201004,25473.585.44$23,152
Jan 201005,54774.365.96$33,083
Dec 200905,33071.445.48$29,228
Nov 200905,15174.593.75$19,324
Oct 200904,73172.544.11$19,446
Sep 200905,36065.543.06$16,427
Aug 200904,51767.423.22$14,538
Jul 200903,71061.133.46$12,853
Jun 200903,13266.163.90$12,199
May 200903,40454.743.93$13,363
Apr 200902,82446.773.59$10,131
Mar 2009173,13942.144.06$13,458
Feb 2009792,77132.814.63$15,430
Jan 2009334,20235.865.37$23,752
Dec 2008475,00437.105.98$31,653
Nov 2008354,65455.496.86$33,870
Oct 2008432,97275.246.92$23,807
Sep 2008233,316101.767.88$28,461
Aug 200803,009114.228.48$25,525
Jul 200802,201131.0811.39$25,068
Jun 200803,388131.3313.03$44,155
May 200803,099123.1711.57$35,869
Apr 20081372,923110.3110.45$45,672
Mar 20081,2483,570101.909.66$161,672
Feb 20084833,85892.538.77$78,529
Jan 20084493,95390.388.21$73,018
Dec 20074493,90788.337.30$68,189
Nov 20076304,78791.677.29$92,657
Oct 20074276,20782.856.92$78,342
Sep 200704,09775.846.24$25,582
Aug 200705,61169.066.39$35,843
Jul 200706,88370.906.39$43,968
Jun 200706,98162.007.55$52,696
May 200701,48058.747.85$11,612
Apr 200701,18359.617.81$9,234
Mar 200701,42156.927.30$10,376
Feb 200701,46955.108.22$12,069
Jan 200701,91750.306.73$12,895
Dec 200603,60956.656.92$24,969
Nov 200604,38854.207.62$33,426
Oct 200604,88254.906.01$29,359
Sep 200605,67560.085.04$28,586
Aug 200605,11068.717.34$37,507
Jul 200603,77369.376.34$23,931
Jun 200605,42966.286.38$34,658
May 200602,78666.016.42$17,900
Apr 200603,28764.397.36$24,194
Mar 200675,51056.707.08$39,424
Feb 2006735,31657.597.75$45,409
Jan 2006365,27260.598.93$49,278
Dec 2005293,40454.9413.42$47,259
Nov 2005484,68154.6910.59$52,189
Oct 2005536,57358.3413.80$93,772
Sep 2005212,27161.4512.08$28,722
Aug 2005143,37861.519.80$33,955
Jul 2005296,44555.697.84$52,167
Jun 2005233,06552.337.38$23,826
May 2005244,56945.226.65$31,474
Apr 2005253,65849.207.36$28,155
Mar 200505,08650.377.15$36,390
Feb 2005105,47345.226.31$34,997
Jan 2005476,86443.166.32$45,424
Dec 2004465,14439.866.75$36,561
Nov 2004416,46845.286.33$42,802
Oct 200405,45649.706.52$35,546
Sep 200404,22543.245.28$22,324
Aug 200407,85442.375.55$43,595
Jul 200404,64838.286.08$28,279
Jun 200408,36436.106.43$53,806
May 200406,48637.486.49$42,124
Apr 200404,87834.475.86$28,578
Mar 200406,04734.365.53$33,441
Feb 200404,70732.455.51$25,934
Jan 200407,60932.036.30$47,934
Dec 200307,47630.266.30$47,111
Nov 200307,60428.804.60$34,942
Oct 200315,87128.174.76$27,972
Sep 2003616,39326.314.75$31,968
Aug 2003677,83529.765.13$42,185
Jul 2003375,52329.415.17$29,647
Jun 2003668,98428.565.98$55,636
May 2003436,13126.595.97$37,762
Apr 2003867,57026.675.41$43,227
Mar 2003777,25431.146.10$46,618
Feb 2003978,37433.487.93$69,619
Jan 2003539,03730.315.58$52,051
Dec 2002457,73626.914.85$38,760
Nov 2002375,38124.664.14$23,173
Oct 200239,52126.464.23$40,345
Sep 200226,24627.443.64$22,760
Aug 200236,81525.963.16$21,642
Jul 2002610,83124.583.06$33,309
Jun 200259,57423.733.34$32,079
May 200278,85124.663.58$31,895
Apr 200235,14023.653.51$18,124
Mar 200276,74822.003.10$21,091
Feb 20021010,44118.222.38$24,987
Jan 20021211,74717.172.38$28,113
Dec 200169,92016.932.36$23,556
Nov 20011614,50018.072.41$35,169
Oct 20011524,79519.782.53$63,000
Sep 2001015,89924.262.25$35,794
Aug 2001017,88324.873.05$54,600
Jul 200103,60423.933.20$11,522
Jun 200104,88324.563.82$18,673
May 200103,84525.524.31$16,562
Apr 200154,66824.685.34$25,029
Mar 2001647,72924.545.38$43,125
Feb 2001215,25527.755.77$30,889
Jan 2001275,68627.478.40$48,497
Dec 2000225,26426.889.12$48,612
Nov 2000345,91632.215.66$34,568
Oct 2000367,66531.235.15$40,565
Sep 2000308,88431.875.19$47,033
Aug 2000318,84129.644.54$41,064
Jul 2000309,76828.534.09$40,805
Jun 2000348,54929.304.40$38,588
May 2000389,79127.263.68$37,064
Apr 20003610,27424.513.12$32,896
Mar 20005910,49028.422.86$31,676
Feb 20006010,79027.622.73$31,076
Jan 20006211,99725.272.48$31,325
Dec 19997513,73124.282.42$35,101
Nov 199920013,41223.192.43$37,283
Oct 199922715,48820.982.80$48,186
Sep 199924015,55521.752.62$45,956
Aug 199920715,36519.262.88$48,170
Jul 199924615,94617.892.37$42,231
Jun 19997517,24415.942.36$41,928
May 19998318,52115.792.32$44,298
Apr 19998717,87315.102.21$40,778
Mar 199911020,31212.471.84$38,712
Feb 199910919,5769.981.82$36,673
Jan 199913523,38010.381.90$45,822
Dec 199843021,0389.201.77$41,263
Nov 199843321,85710.892.19$52,489
Oct 199839424,57912.421.97$53,295
Sep 1998024,61612.592.08$51,266
Aug 19984126,92411.301.91$51,817
Jul 1998025,66211.742.24$57,413
Jun 1998026,95411.242.24$60,303
May 1998030,30012.622.21$66,852
Apr 19985524,29813.042.51$61,592
Mar 19981,30524,20712.802.31$72,609
Feb 19981,49125,02813.952.30$78,342
Jan 19981,67829,97314.702.15$89,252
Dec 19971,75132,33516.322.41$106,539
Nov 19971,84038,00518.193.09$150,839
Oct 19971,89630,98319.253.15$134,089
Sep 19972,31853,59317.742.95$199,482
Aug 19973,49679,54517.862.55$265,655
Jul 199745314,06117.582.25$39,558

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             9 bbl  × $106.41 =       $958
Gas                1,376 Mcf  × $  3.05 =     $4,191

────────────────────────────────────────────────────
Month total                                   $5,149

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/163765 is the state's own key, not one this site invented.