VERGARA

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 177399District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
May 2000 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 Gas112000-07-24142162
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
CondensateDisposition10,519 bbl$314,857
GasProduction243,583 Mcf$1,153,511
Total$1,468,368

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 27.5935, -99.1121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59349, -99.11208 · 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
9,200 ft
1 wells filed one
Completion to plug
19.4 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 9,200 ft.

Completions filed
May 2000
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 19.4 years across the 1 well that filed both dates, with the middle half between 19.4 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47937466239,200 ftMay 2000Oct 2019Yes

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 (234)

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

234 months

Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20123079.822.52$239
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201144083.623.99$3,679
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011014986.504.59$684
Dec 20105616085.734.35$5,497
Nov 2010020080.843.80$759
Oct 2010014578.103.51$509
Sep 2010014072.633.98$557
Aug 2010019773.684.42$871
Jul 2010010972.554.74$516
Jun 2010018270.364.91$894
May 2010014971.124.24$631
Apr 2010614481.694.12$1,084
Mar 2010016778.394.39$733
Feb 201009373.585.44$506
Jan 2010018374.365.96$1,091
Dec 2009713571.445.48$1,240
Nov 2009015174.593.75$566
Oct 2009016172.544.11$662
Sep 2009022365.543.06$683
Aug 200907967.423.22$254
Jul 2009016561.133.46$572
Jun 2009018466.163.90$717
May 2009017854.743.93$699
Apr 200905046.773.59$179
Mar 200908942.144.06$361
Feb 200908632.814.63$398
Jan 2009014135.865.37$757
Dec 2008014637.105.98$873
Nov 200809455.496.86$645
Oct 2008012975.246.92$893
Sep 20080172101.767.88$1,355
Aug 2008095114.228.48$806
Jul 20083376131.0811.39$4,676
Jun 200803131.3313.03$39
May 2008039123.1711.57$451
Apr 2008021110.3110.45$220
Mar 2008043101.909.66$416
Feb 2008012892.538.77$1,123
Jan 20081917990.388.21$3,186
Dec 2007014688.337.30$1,066
Nov 20071615591.677.29$2,597
Oct 2007017182.856.92$1,184
Sep 2007025975.846.24$1,617
Aug 2007027069.066.39$1,725
Jul 20071220070.906.39$2,128
Jun 2007016262.007.55$1,223
May 2007012458.747.85$973
Apr 2007554459.617.81$3,622
Mar 2007016356.927.30$1,190
Feb 20074188455.108.22$9,522
Jan 200707850.306.73$525
Dec 2006015356.656.92$1,059
Nov 2006205654.207.62$1,511
Oct 2006016654.906.01$998
Sep 20061948760.085.04$3,595
Aug 2006612168.717.34$1,300
Jul 2006016969.376.34$1,072
Jun 20061521566.286.38$2,367
May 2006015466.016.42$989
Apr 2006014264.397.36$1,045
Mar 20061827856.707.08$2,990
Feb 2006025257.597.75$1,953
Jan 2006025360.598.93$2,260
Dec 2005815854.9413.42$2,559
Nov 2005026054.6910.59$2,753
Oct 2005017658.3413.80$2,428
Sep 2005023861.4512.08$2,875
Aug 2005024161.519.80$2,361
Jul 2005027255.697.84$2,133
Jun 2005035752.337.38$2,635
May 2005034045.226.65$2,261
Apr 2005011549.207.36$846
Mar 2005024050.377.15$1,717
Feb 20050045.226.31$0
Jan 2005053443.166.32$3,376
Dec 200406339.866.75$425
Nov 200403245.286.33$203
Oct 20041924049.706.52$2,508
Sep 2004027743.245.28$1,464
Aug 2004026342.375.55$1,460
Jul 20043519538.286.08$2,526
Jun 2004031936.106.43$2,052
May 20041310237.486.49$1,150
Apr 2004032734.475.86$1,916
Mar 20041641634.365.53$2,850
Feb 200409132.455.51$501
Jan 20042035232.036.30$2,858
Dec 20031665430.266.30$4,605
Nov 20036228.804.60$182
Oct 2003654328.174.76$2,754
Sep 2003111926.314.75$591
Aug 2003024229.765.13$1,241
Jul 2003026729.415.17$1,381
Jun 2003071028.565.98$4,248
May 2003041626.595.97$2,485
Apr 2003037826.675.41$2,044
Mar 2003052631.146.10$3,207
Feb 200301,31833.487.93$10,446
Jan 2003062330.315.58$3,478
Dec 2002076926.914.85$3,733
Nov 2002060224.664.14$2,490
Oct 2002365726.464.23$2,858
Sep 2002341,08227.443.64$4,866
Aug 20021657925.963.16$2,247
Jul 2002481,59124.583.06$6,051
Jun 20021247823.733.34$1,880
May 2002271,01924.663.58$4,318
Apr 20021469523.653.51$2,772
Mar 2002669122.003.10$2,276
Feb 2002141,37618.222.38$3,524
Jan 20021196417.172.38$2,479
Dec 2001161,57516.932.36$3,995
Nov 2001191,02218.072.41$2,802
Oct 2001312,11719.782.53$5,967
Sep 2001912,13524.262.25$7,014
Aug 20011002,89724.873.05$11,332
Jul 20011122,83723.933.20$11,750
Jun 20011102,88924.563.82$13,750
May 20011784,46025.524.31$23,753
Apr 20011062,80624.685.34$17,587
Mar 20011294,30024.545.38$26,284
Feb 20011945,05527.755.77$34,536
Jan 20012606,15427.478.40$58,828
Dec 20002736,94326.889.12$70,676
Nov 20002848,08332.215.66$54,881
Oct 200045110,25431.235.15$66,847
Sep 20001,04112,29231.875.19$96,929
Aug 20001,94324,42129.644.54$168,480
Jul 20001,47424,11628.534.09$140,682
Jun 200016752,74329.304.40$236,817
May 20002,87534,38827.263.68$204,912

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.

Jun 2012 — as filed, then multipliedworked
Condensate             3 bbl  × $ 79.82 =       $239
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                     $239

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/177399 is the state's own key, not one this site invented.