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 165670District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.5 M
Dec 1997 – May 2026
Value, last 12 filed months
$178 k
at the published price for each month
Months reported
342
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 Gas221998-07-27 – 2002-08-022 dockets
NGPA3none

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
CondensateDisposition27,470 bbl$1,379,027
GasProduction2,630,617 Mcf$11,080,848
Total$12,459,875

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 27.6486, -99.0725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64863, -99.07253 · 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
10,500 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 10,500 ft.

Completions filed
Dec 1997
1 of 1 wells

1 well

42-479338862310,500 ftDec 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 (342)

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

342 months

May 2026173,421106.413.05$12,229
Apr 2026263,32298.932.87$12,105
Mar 2026443,28589.753.15$14,295
Feb 202603,19663.503.75$11,986
Jan 2026263,26359.138.00$27,635
Dec 2025363,22656.664.41$16,277
Nov 2025303,22458.593.93$14,417
Oct 2025373,64059.383.30$14,227
Sep 2025193,53262.743.08$12,060
Aug 2025403,53763.933.01$13,220
Jul 2025203,89166.743.32$14,234
Jun 2025503,76966.483.13$15,116
May 2025103,82360.553.23$12,963
Apr 2025413,71662.363.54$15,723
Mar 2025113,84667.704.27$17,161
Feb 2025313,37170.884.34$16,830
Jan 2025193,41974.324.28$16,041
Dec 2024443,71368.993.12$14,625
Nov 2024223,70269.052.20$9,658
Oct 2024343,87571.372.28$11,267
Sep 2024333,65069.612.36$10,927
Aug 2024533,86075.632.06$11,974
Jul 2024103,63979.932.15$8,611
Jun 2024343,22478.082.63$11,147
May 2024183,54378.812.20$9,208
Apr 2024163,66584.451.66$7,432
Mar 2024223,59780.301.55$7,324
Feb 2024233,94976.091.78$8,794
Jan 2024244,01573.023.30$14,993
Dec 202373,40671.262.61$9,391
Nov 2023233,10877.892.81$10,517
Oct 2023333,56685.443.09$13,829
Sep 2023173,57589.042.74$11,291
Aug 2023253,63980.522.67$11,740
Jul 2023253,67174.852.64$11,569
Jun 2023313,75268.962.26$10,612
May 2023173,57770.622.23$9,168
Apr 2023373,42178.122.24$10,546
Mar 2023463,61872.852.39$12,010
Feb 2023243,30675.112.47$9,954
Jan 2023193,66876.533.39$13,880
Dec 2022264,02076.415.73$25,018
Nov 2022254,24485.005.65$26,087
Oct 2022154,54587.185.86$27,958
Sep 2022324,11584.888.16$36,310
Aug 2022323,60594.529.13$35,928
Jul 2022333,700101.587.54$31,258
Jun 2022163,581115.097.98$30,408
May 2022263,864109.378.43$35,429
Apr 2022353,900104.226.84$30,314
Mar 2022344,215108.885.08$25,099
Feb 2022262,52491.054.86$14,631
Jan 2022253,88181.844.54$19,657
Dec 2021243,88671.323.90$16,864
Nov 2021204,28977.435.24$24,009
Oct 2021133,93479.795.71$23,516
Sep 2021203,72269.865.35$21,313
Aug 2021253,99766.024.22$18,520
Jul 2021164,26270.783.98$18,104
Jun 2021244,20069.493.38$15,866
May 2021313,79063.483.02$13,405
Apr 2021243,65660.362.76$11,533
Mar 2021323,60361.302.72$11,751
Feb 2021163,34557.805.55$19,483
Jan 2021383,21750.412.81$10,956
Dec 2020353,90744.642.68$12,015
Nov 202063,93238.772.71$10,875
Oct 202064,27636.972.48$10,820
Sep 202074,30237.091.99$8,825
Aug 2020113,97239.982.39$9,913
Jul 202094,35538.371.83$8,294
Jun 202063,96534.901.69$6,911
May 202004,20516.921.81$7,631
Apr 202004,23314.751.80$7,638
Mar 202004,25730.341.86$7,902
Feb 202044,09349.881.98$8,306
Jan 202024,35057.252.09$9,227
Dec 201964,23659.012.30$10,115
Nov 2019363,65255.302.75$12,036
Oct 2019414,23253.472.42$12,428
Sep 2019324,26155.052.66$13,084
Aug 2019303,95653.112.30$10,709
Jul 2019344,25656.272.46$12,383
Jun 2019344,09152.782.49$11,986
May 2019233,54158.482.74$11,049
Apr 2019534,45262.632.75$15,566
Mar 2019333,88756.803.06$13,777
Feb 2019394,07050.852.79$13,347
Jan 2019645,09146.033.23$19,381
Dec 2018455,39946.594.19$24,694
Nov 2018305,28252.934.24$23,969
Oct 2018304,55361.443.40$17,315
Sep 2018325,15559.543.11$17,927
Aug 2018435,17359.403.07$18,418
Jul 2018454,45065.142.93$15,978
Jun 2018353,92760.183.08$14,189
May 2018554,26565.382.90$15,968
Apr 2018714,79463.842.90$18,439
Mar 2018894,29761.222.79$17,424
Feb 2018714,04261.782.77$15,567
Jan 2018895,38462.874.01$27,182
Dec 2017705,78257.272.92$20,901
Nov 2017915,65355.423.12$22,671
Oct 2017791649.292.98$3,942
Sep 2017544,12847.523.09$15,310
Aug 2017544,74545.373.00$16,706
Jul 2017814,56143.873.09$17,635
Jun 2017543,90242.493.09$14,341
May 2017504,06445.373.26$15,531
Apr 2017424,25047.933.21$15,662
Mar 2017106,07946.772.98$18,605
Feb 201766,49950.452.95$19,492
Jan 2017128,03249.413.42$28,053
Dec 201688,69748.763.72$32,768
Nov 201699,29842.492.64$24,970
Oct 201634,40946.193.09$13,764
Sep 2016183,12441.553.10$10,434
Aug 2016284,41841.442.92$14,080
Jul 2016374,74841.622.92$15,425
Jun 2016385,40145.352.69$16,229
May 2016334,99142.521.99$11,340
Apr 2016255,35636.561.99$11,578
Mar 2016175,62333.011.79$10,649
Feb 2016215,24826.472.06$11,386
Jan 2016216,32027.352.36$15,517
Dec 2015164,94132.362.00$10,407
Nov 201504,59638.792.17$9,961
Oct 2015124,83543.552.43$12,255
Sep 2015305,26342.992.76$15,807
Aug 2015114,80040.162.87$14,230
Jul 2015172,59848.152.95$8,470
Jun 2015296,40856.152.88$20,102
May 2015192,69055.212.96$8,999
Apr 2015225,15149.822.71$15,038
Mar 201505,26642.892.93$15,454
Feb 201504,83644.662.98$14,393
Jan 201506,00443.433.10$18,616
Dec 201405,06654.693.59$18,194
Nov 201405,68570.464.25$24,172
Oct 201405,11578.303.90$19,953
Sep 201405,33686.164.05$21,586
Aug 201405,19589.394.04$20,962
Jul 201405,69296.564.18$23,790
Jun 201404,89498.164.74$23,182
May 201474,64794.734.73$22,627
Apr 2014226,26695.944.81$32,245
Mar 2014147,51795.895.06$39,354
Feb 2014246,08797.406.19$40,028
Jan 2014176,04290.404.86$30,905
Dec 2013156,61591.824.35$30,182
Nov 201355,86488.853.74$22,366
Oct 20131496,36197.423.78$38,556
Sep 20136794,154104.113.72$86,134
Aug 20135095,672104.253.52$73,043
Jul 20138636,814102.523.72$113,807
Jun 20136296,40694.403.93$84,575
May 20138296,98894.834.15$107,608
Apr 20132286,76793.964.28$50,403
Mar 2013557,45293.623.91$34,308
Feb 2013546,33491.233.42$26,588
Jan 2013516,75491.603.42$27,770
Dec 2012506,18386.773.42$25,485
Nov 2012676,01886.953.62$27,641
Oct 20121126,26689.383.40$31,313
Sep 20122276,78494.672.92$41,289
Aug 20122507,50892.662.91$44,999
Jul 20123987,42385.133.02$56,305
Jun 20123727,18879.822.52$47,800
May 20123216,63891.612.49$45,924
Apr 20122855,704101.652.00$40,360
Mar 20121695,811105.052.22$30,666
Feb 201205,128101.102.57$13,180
Jan 201205,54798.092.73$15,166
Dec 201105,72196.873.24$18,535
Nov 201105,38495.723.31$17,828
Oct 201105,67684.983.65$20,709
Sep 201105,54383.623.99$22,093
Aug 201105,70083.404.15$23,651
Jul 201105,57494.144.52$25,179
Jun 201105,32692.904.64$24,712
May 201105,47098.134.40$24,094
Apr 201105,481105.964.33$23,751
Mar 201105,50796.364.06$22,344
Feb 201105,22485.644.18$21,836
Jan 201105,87486.504.59$26,954
Dec 201006,07185.734.35$26,395
Nov 201006,07180.843.80$23,041
Oct 201005,81778.103.51$20,411
Sep 201005,96472.633.98$23,734
Aug 201006,45473.684.42$28,523
Jul 201006,63372.554.74$31,417
Jun 201006,86170.364.91$33,690
May 201006,89171.124.24$29,185
Apr 201006,54781.694.12$26,991
Mar 201006,61478.394.39$29,027
Feb 201005,20473.585.44$28,322
Jan 201005,50174.365.96$32,808
Dec 200906,88271.445.48$37,739
Nov 200906,53374.593.75$24,509
Oct 200907,31772.544.11$30,075
Sep 2009526,56265.543.06$23,519
Aug 20093017,11767.423.22$43,199
Jul 20094607,64461.133.46$54,602
Jun 20095428,65566.163.90$69,570
May 20093186,58154.743.93$43,243
Apr 20093526,83146.773.59$40,969
Mar 20092597,39642.144.06$40,935
Feb 2009436,72132.814.63$32,549
Jan 2009137,41135.865.37$40,271
Dec 2008167,08637.105.98$42,948
Nov 2008126,25855.496.86$43,598
Oct 2008226,63975.246.92$47,610
Sep 2008106,225101.767.88$50,052
Aug 200806,027114.228.48$51,127
Jul 200806,981131.0811.39$79,510
Jun 200807,751131.3313.03$101,016
May 200809,008123.1711.57$104,261
Apr 200809,414110.3110.45$98,422
Mar 2008010,524101.909.66$101,705
Feb 2008010,56792.538.77$92,679
Jan 200806,22990.388.21$51,113
Dec 200705,78688.337.30$42,249
Nov 200705,90891.677.29$43,079
Oct 200708,68282.856.92$60,097
Sep 2007286,16275.846.24$40,600
Aug 20071555,38369.066.39$45,091
Jul 20071957,54670.906.39$62,029
Jun 20071157,17762.007.55$61,305
May 20071797,31958.747.85$67,941
Apr 20071516,40259.617.81$58,970
Mar 20071737,25556.927.30$62,823
Feb 2007935,34455.108.22$49,031
Jan 20071356,11750.306.73$47,939
Dec 20061106,65656.656.92$52,281
Nov 20061246,74554.207.62$58,101
Oct 20061358,95754.906.01$61,277
Sep 20061308,21260.085.04$49,176
Aug 20061268,22068.717.34$68,992
Jul 20061078,86669.376.34$63,658
Jun 20061348,89566.286.38$65,666
May 20061259,59166.016.42$69,873
Apr 2006989,31364.397.36$74,858
Mar 200608,75056.707.08$61,976
Feb 200608,08857.597.75$62,691
Jan 2006022360.598.93$1,992
Dec 200502,32354.9413.42$31,164
Nov 200508,58154.6910.59$90,859
Oct 200518,93458.3413.80$123,310
Sep 2005339,85561.4512.08$121,066
Aug 2005309,56061.519.80$95,503
Jul 2005349,52155.697.84$76,573
Jun 2005519,66052.337.38$73,970
May 20054910,10845.226.65$69,446
Apr 20056710,47549.207.36$80,397
Mar 200519,63750.377.15$69,002
Feb 2005179,44145.226.31$60,360
Jan 20057610,86343.166.32$71,958
Dec 2004819,07139.866.75$64,468
Nov 2004718,83145.286.33$59,119
Oct 20046910,95049.706.52$74,770
Sep 20049510,69343.245.28$60,609
Aug 20047011,83142.375.55$68,636
Jul 20048711,55138.286.08$73,609
Jun 200421212,79636.106.43$89,970
May 20047610,81437.486.49$73,081
Apr 20045110,58234.475.86$63,752
Mar 20044911,20634.365.53$63,654
Feb 20044711,25432.455.51$63,530
Jan 200410013,03932.036.30$85,344
Dec 20039911,58030.266.30$75,969
Nov 20037011,34128.804.60$54,130
Oct 20036112,45928.174.76$61,019
Sep 2003519,96826.314.75$48,683
Aug 2003408,84729.765.13$46,573
Jul 20033510,05529.415.17$53,022
Jun 20034511,79928.565.98$71,878
May 20034111,21826.595.97$68,092
Apr 20037011,50626.675.41$64,083
Mar 20037112,99031.146.10$81,399
Feb 20036911,47333.487.93$93,244
Jan 20033110,03230.315.58$56,939
Dec 20024013,12226.914.85$64,767
Nov 20023810,43424.664.14$44,102
Oct 20023112,59526.464.23$54,086
Sep 2002279,49527.443.64$35,257
Aug 20023811,17525.963.16$36,346
Jul 20025012,73424.583.06$40,217
Jun 20024712,25623.733.34$42,029
May 20027413,39224.663.58$49,822
Apr 20026013,59423.653.51$49,165
Mar 20026513,62422.003.10$43,701
Feb 20026112,70518.222.38$31,294
Jan 20026612,31417.172.38$30,387
Dec 20013912,24116.932.36$29,603
Nov 20015712,45518.072.41$30,991
Oct 20015716,99219.782.53$44,098
Sep 20013220,83924.262.25$47,692
Aug 20013217,43924.873.05$54,040
Jul 20012818,58723.933.20$60,094
Jun 2001499,04424.563.82$35,789
May 2001516,52425.524.31$29,402
Apr 20016710,23024.685.34$56,234
Mar 200116612,22624.545.38$69,806
Feb 2001689,35227.755.77$55,821
Jan 20018910,27327.478.40$88,725
Dec 20008311,96726.889.12$111,400
Nov 20009210,64732.215.66$63,204
Oct 2000409,28431.235.15$49,020
Sep 2000359,92931.875.19$52,612
Aug 20004311,87029.644.54$55,173
Jul 20004315,12828.534.09$63,097
Jun 20004612,46829.304.40$56,173
May 20004211,53727.263.68$43,598
Apr 20003711,32924.513.12$36,208
Mar 20008516,09628.422.86$48,446
Feb 20005810,35427.622.73$29,832
Jan 20006412,83425.272.48$33,452
Dec 19997615,70124.282.42$39,900
Nov 199910513,61023.192.43$35,562
Oct 199911214,40220.982.80$42,729
Sep 199912215,42321.752.62$43,044
Aug 19999212,97019.262.88$39,068
Jul 199913015,89917.892.37$40,044
Jun 19995914,29715.942.36$34,711
May 19998019,43415.792.32$46,370
Apr 19996514,81015.102.21$33,683
Mar 19997314,84612.471.84$28,202
Feb 19998416,5659.981.82$30,950
Jan 19998419,53510.381.90$37,987
Dec 199835717,9789.201.77$35,165
Nov 199834818,13010.892.19$43,417
Oct 199838119,35212.421.97$42,840
Sep 199894414,83512.592.08$42,781
Aug 199882320,03211.301.91$47,508
Jul 199870315,59311.742.24$43,139
Jun 199831314,15411.242.24$35,184
May 199848018,27412.622.21$46,376
Apr 199864621,92113.042.51$63,343
Mar 199842529,48812.802.31$73,541
Feb 199835724,08013.952.30$60,343
Jan 199855538,32214.702.15$90,734
Dec 19971,02780,71216.322.41$211,365

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            17 bbl  × $106.41 =     $1,809
Gas                3,421 Mcf  × $  3.05 =    $10,420

────────────────────────────────────────────────────
Month total                                  $12,229

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/165670 is the state's own key, not one this site invented.