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 174849District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.6 M
Oct 1999 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
320
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 Gas112000-01-07141221
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
CondensateDisposition69,497 bbl$2,019,462
GasProduction4,627,021 Mcf$19,586,104
Total$21,605,567

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 27.6607, -99.0825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66065, -99.08246 · 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
10,030 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 10,030 ft.

Completions filed
Oct 1999
1 of 1 wells

1 well

42-479372555610,030 ftOct 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 (320)

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

320 months

May 2026102,042106.413.05$7,284
Apr 2026162,01698.932.87$7,368
Mar 2026282,15089.753.15$9,284
Feb 202602,02363.503.75$7,587
Jan 2026172,04659.138.00$17,369
Dec 2025232,14756.664.41$10,779
Nov 2025182,02958.593.93$9,021
Oct 2025232,23759.383.30$8,759
Sep 2025132,16962.743.08$7,489
Aug 2025252,30063.933.01$8,532
Jul 2025122,37366.743.32$8,668
Jun 2025302,35166.483.13$9,350
May 202552,31860.553.23$7,795
Apr 2025241,94862.363.54$8,399
Mar 202572,21467.704.27$9,924
Feb 2025212,14270.884.34$10,787
Jan 2025122,41574.324.28$11,225
Dec 2024252,09168.993.12$8,252
Nov 2024112,16369.052.20$5,515
Oct 2024171,87371.372.28$5,486
Sep 2024192,03569.612.36$6,134
Aug 2024352,27875.632.06$7,348
Jul 202482,43879.932.15$5,873
Jun 2024222,66378.082.63$8,732
May 2024102,64378.812.20$6,599
Apr 202492,69084.451.66$5,223
Mar 2024122,14180.301.55$4,272
Feb 2024122,23376.091.78$4,896
Jan 2024122,61073.023.30$9,483
Dec 202332,01771.262.61$5,480
Nov 202392,02477.892.81$6,384
Oct 2023131,76185.443.09$6,547
Sep 202361,79189.042.74$5,433
Aug 202391,91080.522.67$5,830
Jul 202392,05874.852.64$6,110
Jun 2023121,89268.962.26$5,101
May 202371,36270.622.23$3,528
Apr 2023161,36778.122.24$4,309
Mar 2023191,30672.852.39$4,510
Feb 2023101,26875.112.47$3,878
Jan 202381,63676.533.39$6,155
Dec 2022111,68676.415.73$10,500
Nov 2022131,51585.005.65$9,659
Oct 202271,58787.185.86$9,916
Sep 2022161,70684.888.16$15,285
Aug 2022161,62294.529.13$16,317
Jul 2022171,699101.587.54$14,541
Jun 202291,756115.097.98$15,044
May 2022141,822109.378.43$16,896
Apr 2022191,839104.226.84$14,555
Mar 2022201,843108.885.08$11,533
Feb 2022151,66491.054.86$9,451
Jan 2022151,92281.844.54$9,949
Dec 2021172,13471.323.90$9,533
Nov 2021402,05577.435.24$13,859
Oct 2021262,21079.795.71$14,702
Sep 2021382,27869.865.35$14,844
Aug 2021482,38066.024.22$13,214
Jul 2021282,03270.783.98$10,073
Jun 2021342,28169.493.38$10,074
May 2021182,70963.483.02$9,318
Apr 2021142,29460.362.76$7,173
Mar 2021182,18661.302.72$7,043
Feb 202192,17857.805.55$12,604
Jan 2021232,27550.412.81$7,553
Dec 2020221,85044.642.68$5,932
Nov 2020102,13138.772.71$6,155
Oct 2020102,83336.972.48$7,391
Sep 2020133,13337.091.99$6,720
Aug 2020182,11139.982.39$5,755
Jul 2020151,93138.371.83$4,100
Jun 2020121,84434.901.69$3,536
May 202011,86316.921.81$3,398
Apr 202022,24814.751.80$4,086
Mar 202012,11830.341.86$3,962
Feb 202011,98049.881.98$3,972
Jan 202032,11257.252.09$4,596
Dec 201952,02459.012.30$4,959
Nov 2019241,78955.302.75$6,248
Oct 2019271,79353.472.42$5,780
Sep 2019211,81755.052.66$5,984
Aug 2019201,98753.112.30$5,641
Jul 2019242,74156.272.46$8,094
Jun 2019302,75052.782.49$8,434
May 2019353,05758.482.74$10,424
Apr 2019712,93262.632.75$12,512
Mar 2019442,35856.803.06$9,720
Feb 2019532,64450.852.79$10,078
Jan 2019872,48946.033.23$12,040
Dec 2018643,09546.594.19$15,936
Nov 2018542,45252.934.24$13,248
Oct 2018642,74661.443.40$13,263
Sep 2018412,59159.543.11$10,494
Aug 2018523,19659.403.07$12,890
Jul 2018503,03265.142.93$12,146
Jun 2018263,69160.183.08$12,922
May 2018173,80665.382.90$12,152
Apr 2018223,37363.842.90$11,189
Mar 2018283,35561.222.79$11,064
Feb 2018222,93161.782.77$9,467
Jan 2018283,04862.874.01$13,981
Dec 2017233,26557.272.92$10,856
Nov 2017343,64055.423.12$13,235
Oct 2017323,74349.292.98$12,745
Sep 2017224,16147.523.09$13,892
Aug 2017224,33545.373.00$14,022
Jul 2017334,51743.873.09$15,393
Jun 2017224,63542.493.09$15,244
May 2017214,97145.373.26$17,175
Apr 2017193,56647.933.21$12,363
Mar 2017113,77346.772.98$11,772
Feb 201772,85650.452.95$8,786
Jan 2017142,16849.413.42$8,104
Dec 201691,39348.763.72$5,625
Nov 2016112,07142.492.64$5,944
Oct 201641,89946.193.09$6,053
Sep 2016171,40541.553.10$5,063
Aug 2016201,87241.442.92$6,303
Jul 2016131,67841.622.92$5,448
Jun 2016121,72245.352.69$5,169
May 2016121,60342.521.99$3,702
Apr 2016131,46636.561.99$3,394
Mar 201681,36433.011.79$2,711
Feb 2016111,38926.472.06$3,158
Jan 2016101,61527.352.36$4,092
Dec 2015121,88732.362.00$4,165
Nov 201501,06338.792.17$2,304
Oct 201531,58743.552.43$3,982
Sep 201571,78342.992.76$5,219
Aug 201542,04740.162.87$6,041
Jul 201552,03448.152.95$6,231
Jun 201572,00356.152.88$6,167
May 201572,48055.212.96$7,716
Apr 201551,93149.822.71$5,475
Mar 201501,19442.892.93$3,504
Feb 201502,56344.662.98$7,628
Jan 201504,15243.433.10$12,874
Dec 201403,40054.693.59$12,211
Nov 201404,51170.464.25$19,180
Oct 201404,29278.303.90$16,743
Sep 201403,73186.164.05$15,094
Aug 201404,83689.394.04$19,514
Jul 201405,64896.564.18$23,606
Jun 201404,40198.164.74$20,847
May 2014125,50494.734.73$27,152
Apr 2014345,03595.944.81$27,476
Mar 2014184,58395.895.06$24,901
Feb 2014324,17097.406.19$28,937
Jan 2014234,42290.404.86$23,573
Dec 2013264,17691.824.35$20,572
Nov 2013304,13288.853.74$18,112
Oct 2013224,40597.423.78$18,791
Sep 201304,241104.113.72$15,767
Aug 201304,508104.253.52$15,880
Jul 201304,738102.523.72$17,615
Jun 201304,54894.403.93$17,889
May 201303,88894.834.15$16,132
Apr 201303,40693.964.28$14,587
Mar 201303,42593.623.91$13,402
Feb 201303,12891.233.42$10,697
Jan 201303,38591.603.42$11,576
Dec 201204,15086.773.42$14,194
Nov 201204,13086.953.62$14,971
Oct 201204,19289.383.40$14,251
Sep 201203,96594.672.92$11,571
Aug 201204,38392.662.91$12,746
Jul 201203,68185.133.02$11,120
Jun 201203,29379.822.52$8,295
May 201204,72491.612.49$11,755
Apr 201204,934101.652.00$9,852
Mar 201204,839105.052.22$10,753
Feb 201204,466101.102.57$11,479
Jan 201204,89298.092.73$13,375
Dec 201105,12396.873.24$16,597
Nov 201104,84295.723.31$16,033
Oct 201104,80284.983.65$17,520
Sep 201104,95083.623.99$19,730
Aug 201105,29483.404.15$21,967
Jul 201105,00894.144.52$22,622
Jun 201105,17592.904.64$24,011
May 201105,14598.134.40$22,663
Apr 201104,747105.964.33$20,570
Mar 201105,19096.364.06$21,058
Feb 201105,08385.644.18$21,247
Jan 201106,51786.504.59$29,905
Dec 201006,01285.734.35$26,139
Nov 201005,20480.843.80$19,751
Oct 201005,76678.103.51$20,232
Sep 201005,75972.633.98$22,918
Aug 201006,31673.684.42$27,913
Jul 201005,64772.554.74$26,747
Jun 201004,80370.364.91$23,585
May 201005,73171.124.24$24,272
Apr 201005,45281.694.12$22,477
Mar 201005,95678.394.39$26,139
Feb 201005,48773.585.44$29,862
Jan 201006,16574.365.96$36,769
Dec 200905,58171.445.48$30,605
Nov 200904,91774.593.75$18,446
Oct 200905,58072.544.11$22,935
Sep 200905,98265.543.06$18,333
Aug 200907,10667.423.22$22,871
Jul 200908,22161.133.46$28,482
Jun 200909,43666.163.90$36,753
May 200909,76454.743.93$38,331
Apr 200907,97246.773.59$28,600
Mar 200906,94542.144.06$28,190
Feb 200905,74232.814.63$26,603
Jan 200906,21035.865.37$33,354
Dec 200806,36737.105.98$38,056
Nov 200807,82555.496.86$53,682
Oct 200807,54975.246.92$52,254
Sep 200808,131101.767.88$64,049
Aug 200808,696114.228.48$73,768
Jul 200805,775131.0811.39$65,774
Jun 200804,202131.3313.03$54,763
May 200805,094123.1711.57$58,959
Apr 200806,305110.3110.45$65,918
Mar 200805,006101.909.66$48,378
Feb 200805,07092.538.77$44,467
Jan 200805,53390.388.21$45,402
Dec 200705,86288.337.30$42,804
Nov 200707,56791.677.29$55,176
Oct 200709,99382.856.92$69,171
Sep 200729,06875.846.24$56,774
Aug 2007181,35269.066.39$9,880
Jul 2007739,66870.906.39$66,934
Jun 2007337,26562.007.55$56,885
May 2007415,61558.747.85$46,465
Apr 2007415,67759.617.81$46,754
Mar 2007616,07256.927.30$47,810
Feb 2007415,76655.108.22$49,633
Jan 2007596,55150.306.73$47,035
Dec 2006588,64956.656.92$63,123
Nov 2006658,97254.207.62$71,867
Oct 20066410,62954.906.01$67,434
Sep 2006608,95060.085.04$48,688
Aug 2006918,54368.717.34$68,958
Jul 2006768,99469.376.34$62,319
Jun 20061039,76666.286.38$69,172
May 200610311,18166.016.42$78,637
Apr 20069511,69864.397.36$92,220
Mar 200613612,70256.707.08$97,678
Feb 20063710,98457.597.75$87,269
Jan 20062112,35060.598.93$111,599
Dec 20052713,47654.9413.42$182,269
Nov 20053213,27154.6910.59$142,269
Oct 20052612,72258.3413.80$177,027
Sep 20053112,28961.4512.08$150,344
Aug 20056913,28961.519.80$134,434
Jul 20058414,07355.697.84$115,062
Jun 200511813,97552.337.38$109,325
May 200510313,55545.226.65$94,814
Apr 200513814,94749.207.36$116,807
Mar 2005218,44350.377.15$132,058
Feb 2005116,88545.226.31$43,955
Jan 2005566,21143.166.32$41,684
Dec 200413511,96639.866.75$86,165
Nov 200417219,25845.286.33$129,699
Oct 200413716,74649.706.52$115,911
Sep 200417415,05543.245.28$87,073
Aug 200412615,32542.375.55$90,402
Jul 200417216,14838.286.08$104,832
Jun 200444719,49236.106.43$141,529
May 200419119,43837.486.49$133,400
Apr 200415318,14634.475.86$111,582
Mar 2004769,21634.365.53$53,577
Feb 20041037,67232.455.51$45,612
Jan 20042137,29132.036.30$52,753
Dec 200350817,36030.266.30$124,769
Nov 200338118,39228.804.60$95,487
Oct 200330818,65328.174.76$97,458
Sep 200322921,75226.314.75$109,333
Aug 200319220,61429.765.13$111,458
Jul 200315220,83729.415.17$112,215
Jun 200318423,19528.565.98$144,030
May 200317623,48626.595.97$144,954
Apr 200331324,20226.675.41$139,215
Mar 200337427,83331.146.10$181,317
Feb 200335723,93033.487.93$201,619
Jan 200320627,23930.315.58$158,293
Dec 200222128,54726.914.85$144,507
Nov 200229032,47024.664.14$141,478
Oct 200219624,43726.464.23$108,533
Sep 200224427,14227.443.64$105,362
Aug 200234031,87925.963.16$109,697
Jul 200243734,62124.583.06$116,743
Jun 200242435,18723.733.34$127,524
May 200261636,93824.663.58$147,576
Apr 200247339,18323.653.51$148,810
Mar 200246737,88922.003.10$127,833
Feb 200248139,06818.222.38$101,577
Jan 200256340,73417.172.38$106,438
Dec 200131041,23016.932.36$102,733
Nov 200142945,90618.072.41$118,180
Oct 200149053,58419.782.53$145,200
Sep 200167952,10124.262.25$133,769
Aug 200179552,14924.873.05$178,991
Jul 200151749,13623.933.20$169,464
Jun 200147139,08024.563.82$161,016
May 200189159,27425.524.31$278,050
Apr 200189366,96324.685.34$379,308
Mar 20012,02969,87324.545.38$425,460
Feb 200173850,99927.755.77$314,595
Jan 20011,02059,88327.478.40$530,962
Dec 200095964,00126.889.12$609,627
Nov 20001,33364,13632.215.66$405,817
Oct 20001,75962,63031.235.15$377,196
Sep 20001,67476,87731.875.19$452,073
Aug 20001,89082,14629.644.54$429,024
Jul 20001,82489,94928.534.09$419,908
Jun 20002,632105,50929.304.40$541,067
May 20003,092127,58827.263.68$553,780
Apr 20003,193149,87924.513.12$545,283
Mar 20005,120185,40928.422.86$675,734
Feb 20005,189182,57027.622.73$641,097
Jan 20005,564215,88225.272.48$676,098
Dec 19995,922246,11424.282.42$740,298
Nov 19993,490237,14023.192.43$658,129
Oct 19991,642130,79220.982.80$401,152

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            10 bbl  × $106.41 =     $1,064
Gas                2,042 Mcf  × $  3.05 =     $6,220

────────────────────────────────────────────────────
Month total                                   $7,284

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/174849 is the state's own key, not one this site invented.