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 172454District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Feb 1999 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
328
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 Gas111999-06-04140594
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
CondensateDisposition23,631 bbl$1,469,930
GasProduction1,990,561 Mcf$8,088,827
Total$9,558,758

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 27.6416, -99.0872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64156, -99.08722 · 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
9,800 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 9,800 ft.

Completions filed
Feb 1999
1 of 1 wells

1 well

42-47937142539,800 ftFeb 1999

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 (328)

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

328 months

May 20261278106.413.05$953
Apr 2026227698.932.87$990
Mar 2026424289.753.15$1,121
Feb 2026023063.503.75$863
Jan 2026328759.138.00$2,473
Dec 2025331556.664.41$1,560
Nov 2025227758.593.93$1,205
Oct 2025326759.383.30$1,061
Sep 2025231462.743.08$1,092
Aug 2025437563.933.01$1,386
Jul 2025238466.743.32$1,407
Jun 2025435766.483.13$1,383
May 2025131860.553.23$1,088
Apr 2025326162.363.54$1,112
Mar 2025130767.704.27$1,378
Feb 2025327870.884.34$1,419
Jan 2025231574.324.28$1,496
Dec 2024432868.993.12$1,300
Nov 2024234269.052.20$890
Oct 2024334971.372.28$1,010
Sep 2024335169.612.36$1,039
Aug 2024536075.632.06$1,121
Jul 2024139579.932.15$928
Jun 2024832878.082.63$1,489
May 2024752278.812.20$1,699
Apr 2024616584.451.66$780
Mar 2024814680.301.55$868
Feb 2024813976.091.78$857
Jan 2024918073.023.30$1,251
Dec 2023323171.262.61$817
Nov 2023829377.892.81$1,446
Oct 20231254285.443.09$2,699
Sep 2023660689.042.74$2,192
Aug 2023985880.522.67$3,018
Jul 2023992374.852.64$3,112
Jun 20231199268.962.26$2,999
May 202351,19470.622.23$3,013
Apr 202391,10278.122.24$3,169
Mar 2023111,11672.852.39$3,472
Feb 202361,17075.112.47$3,336
Jan 202351,15076.533.39$4,279
Dec 202271,19476.415.73$7,375
Nov 20221139085.005.65$3,137
Oct 202261,10787.185.86$7,014
Sep 2022131,13584.888.16$10,369
Aug 2022131,03394.529.13$10,657
Jul 2022141,725101.587.54$14,432
Jun 20227970115.097.98$8,544
May 202210752109.378.43$7,435
Apr 2022131,056104.226.84$8,575
Mar 2022131,550108.885.08$9,284
Feb 2022101,27691.054.86$7,110
Jan 2022101,12881.844.54$5,937
Dec 202191,53871.323.90$6,639
Nov 202181,64077.435.24$9,208
Oct 202161,58979.795.71$9,558
Sep 202181,84369.865.35$10,421
Aug 2021101,73966.024.22$8,000
Jul 202161,64670.783.98$6,979
Jun 202181,19669.493.38$4,599
May 202151,46863.483.02$4,747
Apr 202141,77760.362.76$5,143
Mar 202151,97761.302.72$5,678
Feb 202131,47257.805.55$8,340
Jan 202171,59750.412.81$4,841
Dec 202061,59044.642.68$4,522
Nov 202001,78138.772.71$4,820
Oct 202001,53536.972.48$3,804
Sep 202011,50337.091.99$3,030
Aug 202011,31439.982.39$3,174
Jul 202011,39738.371.83$2,588
Jun 202021,73534.901.69$3,002
May 202011,94716.921.81$3,550
Apr 202021,67614.751.80$3,054
Mar 202021,75330.341.86$3,315
Feb 202021,59249.881.98$3,253
Jan 202031,70957.252.09$3,752
Dec 201941,61459.012.30$3,955
Nov 2019101,92155.302.75$5,837
Oct 2019111,84053.472.42$5,038
Sep 201981,77255.052.66$5,149
Aug 201981,69053.112.30$4,319
Jul 201992,05856.272.46$5,569
Jun 201981,90852.782.49$5,175
May 201942,20458.482.74$6,274
Apr 201971,72662.632.75$5,186
Mar 201941,39256.803.06$4,490
Feb 201951,43350.852.79$4,256
Jan 2019101,56146.033.23$5,499
Dec 201872,01846.594.19$8,772
Nov 201862,07952.934.24$9,127
Oct 201872,31461.443.40$8,293
Sep 201852,64759.543.11$8,525
Aug 201852,38759.403.07$7,617
Jul 201871,30465.142.93$4,279
Jun 2018585060.183.08$2,916
May 201891,58965.382.90$5,198
Apr 2018111,36163.842.90$4,650
Mar 2018141,17161.222.79$4,120
Feb 2018111,95661.782.77$6,090
Jan 2018151,68662.874.01$7,703
Dec 2017121,15357.272.92$4,056
Nov 2017191,97655.423.12$7,215
Oct 2017281,02649.292.98$4,441
Sep 2017191,65247.523.09$6,003
Aug 2017191,23445.373.00$4,569
Jul 2017281,75243.873.09$6,637
Jun 2017192,04042.493.09$7,105
May 2017182,33145.373.26$8,424
Apr 2017182,42847.933.21$8,661
Mar 2017192,13546.772.98$7,259
Feb 2017121,47850.452.95$4,969
Jan 2017232,36649.413.42$9,225
Dec 2016152,25748.763.72$9,134
Nov 2016161,83242.492.64$5,524
Oct 201622,04946.193.09$6,424
Sep 2016171,84741.553.10$6,433
Aug 2016211,40941.442.92$4,991
Jul 2016172,10841.622.92$6,872
Jun 2016161,97045.352.69$6,017
May 2016151,83442.521.99$4,289
Apr 2016212,29436.561.99$5,335
Mar 2016152,70833.011.79$5,353
Feb 2016121,43226.472.06$3,273
Jan 2016162,09627.352.36$5,393
Dec 2015162,45232.362.00$5,425
Nov 201502,90338.792.17$6,292
Oct 2015232,43143.552.43$6,901
Sep 2015632,42342.992.76$9,392
Aug 2015392,85740.162.87$9,773
Jul 2015543,26548.152.95$12,216
Jun 2015613,27856.152.88$12,875
May 20152884755.212.96$4,049
Apr 2015332,01949.822.71$7,109
Mar 201502,47942.892.93$7,275
Feb 2015070544.662.98$2,098
Jan 201502,39643.433.10$7,429
Dec 201402,58654.693.59$9,287
Nov 201402,70170.464.25$11,484
Oct 201401,09778.303.90$4,279
Sep 201401,59486.164.05$6,448
Aug 201402,85689.394.04$11,524
Jul 201402,86796.564.18$11,983
Jun 201403,33498.164.74$15,793
May 2014122,68294.734.73$13,813
Apr 2014421,84295.944.81$12,888
Mar 2014332,82295.895.06$17,435
Feb 2014622,98397.406.19$24,510
Jan 2014372,80090.404.86$16,955
Dec 2013251,92491.824.35$10,674
Nov 201381,25088.853.74$5,384
Oct 2013272,04997.423.78$10,374
Sep 201302,143104.113.72$7,967
Aug 201302,366104.253.52$8,335
Jul 201302,325102.523.72$8,644
Jun 201302,70294.403.93$10,628
May 201302,86694.834.15$11,891
Apr 201303,11793.964.28$13,349
Mar 2013133,78893.623.91$16,039
Feb 2013572,51091.233.42$13,784
Jan 2013653,53291.603.42$18,033
Dec 2012653,08286.773.42$16,181
Nov 2012923,41286.953.62$20,368
Oct 2012823,04289.383.40$17,671
Sep 201202,27694.672.92$6,642
Aug 201202,82292.662.91$8,207
Jul 201201,57685.133.02$4,761
Jun 201202,60479.822.52$6,560
May 201202,87091.612.49$7,141
Apr 201202,867101.652.00$5,725
Mar 201202,782105.052.22$6,182
Feb 201202,075101.102.57$5,333
Jan 201202,21798.092.73$6,061
Dec 201102,64896.873.24$8,579
Nov 201102,75795.723.31$9,129
Oct 201102,46084.983.65$8,975
Sep 201102,96483.623.99$11,814
Aug 201103,19483.404.15$13,253
Jul 201103,22594.144.52$14,568
Jun 201103,03692.904.64$14,087
May 201103,11198.134.40$13,703
Apr 201122,703105.964.33$11,925
Mar 2011502,37096.364.06$14,434
Feb 2011992,92485.644.18$20,701
Jan 20112394,07486.504.59$39,368
Dec 20102944,14785.734.35$43,235
Nov 20102133,92380.843.80$32,108
Oct 20102504,35778.103.51$34,813
Sep 20101843,85872.633.98$28,717
Aug 201004,27173.684.42$18,875
Jul 201004,74572.554.74$22,475
Jun 201003,96570.364.91$19,470
May 201005,17371.124.24$21,909
Apr 201005,56281.694.12$22,930
Mar 201004,82778.394.39$21,184
Feb 201003,17773.585.44$17,290
Jan 201004,51674.365.96$26,934
Dec 200905,33871.445.48$29,272
Nov 200904,57774.593.75$17,171
Oct 200905,31472.544.11$21,842
Sep 200905,59765.543.06$17,153
Aug 200905,46167.423.22$17,576
Jul 200905,46961.133.46$18,947
Jun 200901,84266.163.90$7,175
May 200902,42754.743.93$9,528
Apr 200902,16146.773.59$7,753
Mar 200902,43442.144.06$9,880
Feb 200902,82432.814.63$13,084
Jan 200903,38035.865.37$18,154
Dec 200802,44337.105.98$14,602
Nov 200803,67055.496.86$25,178
Oct 2008233,44575.246.92$25,577
Sep 20082892,316101.767.88$47,652
Aug 20081,5113,370114.228.48$201,174
Jul 20089322,890131.0811.39$155,082
Jun 20082,0555,339131.3313.03$339,464
May 20081,5665,470123.1711.57$256,196
Apr 20081,0522,251110.3110.45$139,580
Mar 200804,493101.909.66$43,421
Feb 200804,30392.538.77$37,740
Jan 200804,46790.388.21$36,655
Dec 200704,43988.337.30$32,413
Nov 200702,66491.677.29$19,425
Oct 200704,40882.856.92$30,512
Sep 200704,91075.846.24$30,659
Aug 200705,29569.066.39$33,824
Jul 200705,08770.906.39$32,495
Jun 200705,53962.007.55$41,811
May 200705,56358.747.85$43,649
Apr 200724,85359.617.81$37,998
Mar 2007352,85356.927.30$22,825
Feb 2007263,24755.108.22$28,110
Jan 2007322,86550.306.73$20,882
Dec 2006414,76856.656.92$35,310
Nov 2006546,66654.207.62$53,705
Oct 2006365,14054.906.01$32,887
Sep 2006294,09460.085.04$22,365
Aug 200625,42068.717.34$39,920
Jul 200613,12769.376.34$19,903
Jun 200624,89566.286.38$31,382
May 200626,95166.016.42$44,792
Apr 200614,40164.397.36$32,458
Mar 200647,26756.707.08$51,698
Feb 2006123,68857.597.75$29,277
Jan 200684,95360.598.93$44,731
Dec 2005104,88354.9413.42$66,057
Nov 2005177,38754.6910.59$79,146
Oct 200594,38658.3413.80$61,033
Sep 2005125,20161.4512.08$63,560
Aug 2005137,69361.519.80$76,167
Jul 2005125,81755.697.84$46,295
Jun 2005175,80552.337.38$43,737
May 2005165,73845.226.65$38,888
Apr 2005227,00949.207.36$52,672
Mar 200514,15850.377.15$29,800
Feb 2005235,34245.226.31$34,758
Jan 20051116,51143.166.32$45,955
Dec 20041607,92239.866.75$59,860
Nov 20041447,73345.286.33$55,473
Oct 20041228,36849.706.52$60,582
Sep 200407,51243.245.28$39,693
Aug 200408,49542.375.55$47,153
Jul 200408,86938.286.08$53,961
Jun 2004010,56236.106.43$67,946
May 200408,75137.486.49$56,834
Apr 2004107,72534.475.86$45,601
Mar 2004938,83534.365.53$52,054
Feb 2004888,68932.455.51$50,729
Jan 200419510,49832.036.30$72,379
Dec 20031939,18730.266.30$63,733
Nov 20031489,77328.804.60$49,171
Oct 200313611,47428.174.76$58,443
Sep 200311710,81526.314.75$54,443
Aug 2003848,61129.765.13$46,672
Jul 20038311,02829.415.17$59,465
Jun 20039111,06028.565.98$68,771
May 2003759,45826.595.97$58,484
Apr 200317912,76126.675.41$73,776
Mar 200325710,64731.146.10$72,908
Feb 20032459,07933.487.93$80,162
Jan 200316312,02130.315.58$72,042
Dec 200214910,61126.914.85$55,513
Nov 200220212,50024.664.14$56,693
Oct 200215110,66326.464.23$49,091
Sep 200216512,11327.443.64$48,561
Aug 200221413,06025.963.16$46,879
Jul 200228314,70424.583.06$51,976
Jun 200226514,38123.733.34$54,296
May 200238915,01024.663.58$63,389
Apr 200229513,72023.653.51$55,166
Mar 200231514,83022.003.10$52,943
Feb 200221212,59118.222.38$33,775
Jan 200224913,26417.172.38$35,786
Dec 200112411,36816.932.36$28,978
Nov 200119115,06618.072.41$39,693
Oct 200120816,71019.782.53$46,372
Sep 20012298,97424.262.25$25,759
Aug 200134410,61924.873.05$40,977
Jul 200131315,00723.933.20$55,469
Jun 200132514,69924.563.82$64,193
May 200137013,80925.524.31$68,922
Apr 20012099,34024.685.34$54,990
Mar 20011299,49124.545.38$54,193
Feb 200111417,33627.755.77$103,142
Jan 200113818,36327.478.40$158,017
Dec 2000689,86226.889.12$91,794
Nov 200012014,40632.215.66$85,374
Oct 20006320,99631.235.15$110,002
Sep 20004518,89831.875.19$99,449
Aug 20005623,60629.644.54$108,849
Jul 20004420,57628.534.09$85,406
Jun 20006624,52229.304.40$109,763
May 20007128,79127.263.68$107,879
Apr 2000155,65424.513.12$17,986
Mar 20009024,37528.422.86$72,264
Feb 20006817,26727.622.73$48,957
Jan 20007922,70725.272.48$58,321
Dec 19999126,16124.282.42$65,616
Nov 199916327,88023.192.43$71,640
Oct 199917431,41520.982.80$91,729
Sep 199916025,63221.752.62$70,606
Aug 199916230,22319.262.88$90,029
Jul 199923933,29817.892.37$83,271
Jun 199938730,58615.942.36$78,416
May 199946435,62215.792.32$90,006
Apr 199951635,81915.102.21$86,882
Mar 199967944,47912.471.84$90,234
Feb 1999367247,8969.981.82$454,286

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                  278 Mcf  × $  3.05 =       $847

────────────────────────────────────────────────────
Month total                                     $953

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/172454 is the state's own key, not one this site invented.