VAQUILLAS RANCH 1645

Operated by UNITED RESOURCES, LP (P-5 877604) in the VAQUILLAS RANCH (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163807District 04Field 932153752 tax incentive programmesCondensateGasSaveExport
Value, all time
$701 k
Apr 1997 – Sep 2003
Value, last 12 filed months
$756
at the published price for each month
Months reported
78
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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered
1993-05-10
as the register files it
Field class
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 1993-05-11.

The Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 8-1-93.

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 Gas111997-08-21136922
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
CondensateDisposition863 bbl$14,928
GasProduction279,381 Mcf$686,256
Total$701,184

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 27.6462, -99.1416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64623, -99.14163 · 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
9,560 ft
1 wells filed one
Completion to plug
6.4 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 9,560 ft.

Completions filed
Apr 1997
1 of 1 wells
Plug dates filed
Sep 2003
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793664539,560 ftApr 1997Sep 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 (78)

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

78 months

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 20031026.675.41$27
Mar 20030031.146.10$0
Feb 200309233.487.93$729
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 20021023.733.34$24
May 20021024.663.58$25
Apr 200210023.653.51$237
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200107418.072.41$178
Oct 2001010719.782.53$271
Sep 2001077524.262.25$1,745
Aug 200101,70624.873.05$5,209
Jul 200102,09123.933.20$6,685
Jun 200102,60724.563.82$9,970
May 200102,00625.524.31$8,640
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000326.889.12$27
Nov 2000055732.215.66$3,152
Oct 2000078831.235.15$4,055
Sep 200001,66831.875.19$8,651
Aug 200001,07829.644.54$4,895
Jul 200001,43528.534.09$5,869
Jun 2000096729.304.40$4,252
May 2000099727.263.68$3,669
Apr 200001,14424.513.12$3,565
Mar 200001,46328.422.86$4,184
Feb 200002,29327.622.73$6,252
Jan 200002,88425.272.48$7,154
Dec 199902,80524.282.42$6,799
Nov 199903,11923.192.43$7,592
Oct 199903,25920.982.80$9,137
Sep 199903,47021.752.62$9,087
Aug 199902,50319.262.88$7,198
Jul 199903,46317.892.37$8,216
Jun 199903,34015.942.36$7,889
May 199903,26815.792.32$7,585
Apr 199902,58215.102.21$5,701
Mar 199904,24212.471.84$7,798
Feb 199904,5399.981.82$8,251
Jan 199904,58810.381.90$8,717
Dec 199804,2199.201.77$7,482
Nov 199804,10710.892.19$8,977
Oct 199804,36612.421.97$8,598
Sep 199803,64912.592.08$7,599
Aug 199805,25311.301.91$10,019
Jul 199804,56611.742.24$10,215
Jun 199804,91811.242.24$11,003
May 199804,91312.622.21$10,840
Apr 199805,48413.042.51$13,739
Mar 199806,43312.802.31$14,857
Feb 1998926,12013.952.30$15,354
Jan 199807,24414.702.15$15,609
Dec 19971927,42316.322.41$21,031
Nov 199708,31018.193.09$25,663
Oct 199709,64619.253.15$30,383
Sep 1997012,51617.742.95$36,983
Aug 199718516,13317.862.55$44,520
Jul 1997022,11317.582.25$49,687
Jun 199719227,58317.242.26$65,570
May 199718922,51218.972.31$55,554
Apr 1997025,96017.882.08$54,069

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.

Apr 2003 — as filed, then multipliedworked
Condensate             1 bbl  × $ 26.67 =        $27
Gas                    0 Mcf  × $  5.41 =         $0

────────────────────────────────────────────────────
Month total                                      $27

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/163807 is the state's own key, not one this site invented.