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 186793District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.9 M
Nov 2001 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
295
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 Gas112002-05-06146914
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
CondensateDisposition40,264 bbl$1,299,233
GasProduction4,669,763 Mcf$21,569,521
Total$22,868,754

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 27.6205, -99.0799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62051, -99.07990 · 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
9,900 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 9,900 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-47937803679,900 ftNov 2001

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 (295)

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

295 months

May 2026122,178106.413.05$7,911
Apr 2026212,43598.932.87$9,065
Mar 2026242,89589.753.15$11,272
Feb 202602,09363.503.75$7,849
Jan 2026101,14559.138.00$9,749
Dec 2025161,32756.664.41$6,763
Nov 2025131,43058.593.93$6,376
Oct 2025141,55459.383.30$5,967
Sep 202521,45962.743.08$4,615
Aug 20252435363.933.01$2,599
Jul 2025142,54566.743.32$9,372
Jun 2025362,74866.483.13$10,991
May 202572,75060.553.23$9,313
Apr 2025302,72162.363.54$11,512
Mar 202582,82267.704.27$12,587
Feb 2025252,52370.884.34$12,724
Jan 2025152,85174.324.28$13,313
Dec 2024352,86568.993.12$11,357
Nov 2024172,89769.052.20$7,543
Oct 2024262,97871.372.28$8,650
Sep 2024272,73369.612.36$8,341
Aug 2024453,15775.632.06$9,918
Jul 2024102,86079.932.15$6,939
Jun 2024333,05678.082.63$10,626
May 2024182,75178.812.20$7,466
Apr 2024151,83484.451.66$4,310
Mar 2024211,98780.301.55$4,756
Feb 2024222,24276.091.78$5,673
Jan 2024232,70773.023.30$10,606
Dec 202372,92471.262.61$8,133
Nov 2023222,83177.892.81$9,662
Oct 2023332,84085.443.09$11,587
Sep 2023162,57089.042.74$8,454
Aug 2023242,80280.522.67$9,422
Jul 2023251,93174.852.64$6,973
Jun 2023322,79368.962.26$8,515
May 2023203,03870.622.23$8,179
Apr 2023602,81378.122.24$10,982
Mar 2023753,61472.852.39$14,113
Feb 2023393,22875.112.47$10,889
Jan 2023312,48876.533.39$10,801
Dec 2022442,60476.415.73$18,281
Nov 2022492,83785.005.65$20,183
Oct 2022285,86687.185.86$36,838
Sep 2022624,67284.888.16$43,403
Aug 2022657,67894.529.13$76,222
Jul 2022724,610101.587.54$42,083
Jun 2022427,353115.097.98$63,490
May 2022828,456109.378.43$80,278
Apr 20221119,487104.226.84$76,437
Mar 20221107,355108.885.08$49,314
Feb 2022855,54291.054.86$34,667
Jan 2022838,58481.844.54$45,744
Dec 2021827,31171.323.90$34,355
Nov 20211129,10677.435.24$56,359
Oct 2021722,70079.795.71$21,172
Sep 202110610,71769.865.35$64,751
Aug 20211384,18166.024.22$26,757
Jul 2021839,59470.783.98$44,079
Jun 20211188,39469.493.38$36,577
May 20211277,35363.483.02$30,251
Apr 202110111,89060.362.76$38,894
Mar 202113111,38261.302.72$38,955
Feb 20216812,22357.805.55$71,743
Jan 202115814,44350.412.81$48,554
Dec 202014715,33644.642.68$47,593
Nov 20202516,51838.772.71$45,676
Oct 20202618,34036.972.48$46,416
Sep 20203316,36537.091.99$33,807
Aug 20204720,26339.982.39$50,208
Jul 20204021,43838.371.83$40,662
Jun 20203322,96834.901.69$39,975
May 202058,96716.921.81$16,357
Apr 20201294614.751.80$1,884
Mar 202091,42630.341.86$2,920
Feb 202091,34749.881.98$3,117
Jan 2020131,57357.252.09$4,039
Dec 2019111,30259.012.30$3,649
Nov 2019131,53255.302.75$4,933
Oct 2019151,22553.472.42$3,765
Sep 2019111,42055.052.66$4,379
Aug 2019111,38753.112.30$3,780
Jul 2019121,50856.272.46$4,385
Jun 2019131,46852.782.49$4,343
May 2019101,37458.482.74$4,350
Apr 2019201,51962.632.75$5,431
Mar 2019131,44856.803.06$5,172
Feb 2019151,31250.852.79$4,426
Jan 2019251,46246.033.23$5,870
Dec 2018181,43846.594.19$6,857
Nov 2018151,43652.934.24$6,879
Oct 2018181,51561.443.40$6,254
Sep 2018121,43559.543.11$5,174
Aug 2018161,48159.403.07$5,492
Jul 2018161,46365.142.93$5,332
Jun 2018101,27360.183.08$4,519
May 2018131,43265.382.90$5,004
Apr 2018171,39963.842.90$5,144
Mar 2018211,54661.222.79$5,594
Feb 2018171,61161.782.77$5,506
Jan 2018212,15162.874.01$9,944
Dec 2017172,11957.272.92$7,164
Nov 2017221,88155.423.12$7,085
Oct 201772,03249.292.98$6,408
Sep 201751,89447.523.09$6,085
Aug 201742,24545.373.00$6,926
Jul 201772,14643.873.09$6,932
Jun 201752,02242.493.09$6,455
May 201731,81345.373.26$6,053
Apr 2017868747.933.21$2,590
Mar 2017261,02746.772.98$4,280
Feb 2017161,55250.452.95$5,390
Jan 2017322,12649.413.42$8,849
Dec 2016212,17948.763.72$9,136
Nov 2016252,14242.492.64$6,726
Oct 2016122,34346.193.09$7,795
Sep 2016172,68941.553.10$9,044
Aug 2016222,21141.442.92$7,377
Jul 2016182,61341.622.92$8,390
Jun 2016172,56245.352.69$7,652
May 2016142,02642.521.99$4,629
Apr 2016152,27136.561.99$5,070
Mar 2016112,68233.011.79$5,175
Feb 2016132,47026.472.06$5,441
Jan 2016112,36927.352.36$5,902
Dec 2015122,63332.362.00$5,658
Nov 201503,00138.792.17$6,504
Oct 2015383,29843.552.43$9,658
Sep 2015683,10142.992.76$11,477
Aug 20151281840.162.87$2,832
Jul 20151674748.152.95$2,970
Jun 20152073756.152.88$3,248
May 20152073355.212.96$3,271
Apr 20151668749.822.71$2,657
Mar 2015090642.892.93$2,659
Feb 201502,50244.662.98$7,446
Jan 201501,53443.433.10$4,756
Dec 201403,24354.693.59$11,647
Nov 201403,69370.464.25$15,702
Oct 201402,69178.303.90$10,497
Sep 201403,12486.164.05$12,638
Aug 201402,80489.394.04$11,314
Jul 201403,24396.564.18$13,554
Jun 201403,31498.164.74$15,698
May 201473,34094.734.73$16,450
Apr 2014283,42695.944.81$19,162
Mar 2014233,76295.895.06$21,229
Feb 2014403,30897.406.19$24,379
Jan 2014283,27290.404.86$18,435
Dec 2013333,41691.824.35$17,905
Nov 2013383,12788.853.74$15,066
Oct 2013273,18897.423.78$14,679
Sep 201303,854104.113.72$14,328
Aug 201304,213104.253.52$14,841
Jul 201304,243102.523.72$15,774
Jun 201305,04394.403.93$19,836
May 201303,63094.834.15$15,061
Apr 201303,38693.964.28$14,501
Mar 201303,11593.623.91$12,189
Feb 201301,52691.233.42$5,219
Jan 201302,34891.603.42$8,030
Dec 201203,91886.773.42$13,400
Nov 201203,25186.953.62$11,785
Oct 201202,73189.383.40$9,285
Sep 201202,84394.672.92$8,297
Aug 201205,73392.662.91$16,672
Jul 201204,21085.133.02$12,718
Jun 201204,22879.822.52$10,651
May 201204,34091.612.49$10,799
Apr 201204,581101.652.00$9,147
Mar 201205,356105.052.22$11,901
Feb 201204,985101.102.57$12,813
Jan 201206,11198.092.73$16,708
Dec 201106,39496.873.24$20,715
Nov 201107,41895.723.31$24,563
Oct 201109,16384.983.65$33,432
Sep 201106,79583.623.99$27,084
Aug 2011010,38083.404.15$43,070
Jul 201109,70494.144.52$43,835
Jun 2011010,98792.904.64$50,978
May 2011012,60998.134.40$55,540
Apr 2011013,199105.964.33$57,195
Mar 2011013,09696.364.06$53,135
Feb 201103,46785.644.18$14,492
Jan 2011010,00386.504.59$45,902
Dec 2010013,17685.734.35$57,286
Nov 2010013,93280.843.80$52,877
Oct 2010015,67878.103.51$55,012
Sep 2010016,94472.633.98$67,428
Aug 2010018,10273.684.42$79,999
Jul 2010021,68572.554.74$102,711
Jun 2010016,97470.364.91$83,349
May 201009,71971.124.24$41,162
Apr 2010012,65081.694.12$52,152
Mar 2010015,41478.394.39$67,647
Feb 2010013,61973.585.44$74,120
Jan 2010016,34374.365.96$97,471
Dec 2009017,08471.445.48$93,684
Nov 2009017,65074.593.75$66,214
Oct 2009019,92372.544.11$81,889
Sep 2009019,82265.543.06$60,749
Aug 2009018,56467.423.22$59,748
Jul 2009012,29061.133.46$42,579
Jun 2009012,76066.163.90$49,700
May 200905,42054.743.93$21,278
Apr 2009010,35246.773.59$37,138
Mar 200909,22842.144.06$37,456
Feb 200907,58832.814.63$35,155
Jan 2009011,08435.865.37$59,532
Dec 2008010,49237.105.98$62,712
Nov 200808,97755.496.86$61,585
Oct 200808,50175.246.92$58,844
Sep 2008010,415101.767.88$82,040
Aug 2008011,280114.228.48$95,688
Jul 2008010,202131.0811.39$116,195
Jun 2008012,882131.3313.03$167,886
May 2008014,821123.1711.57$171,543
Apr 2008014,418110.3110.45$150,738
Mar 2008016,531101.909.66$159,757
Feb 2008015,97892.538.77$140,136
Jan 2008017,91890.388.21$147,030
Dec 2007018,85788.337.30$137,693
Nov 2007017,94691.677.29$130,857
Oct 2007019,44682.856.92$134,605
Sep 20075418,06175.846.24$116,871
Aug 200729221,26369.066.39$155,992
Jul 200728121,82870.906.39$159,359
Jun 200717221,57662.007.55$173,529
May 200729423,84058.747.85$204,325
Apr 200726423,65759.617.81$200,385
Mar 200713110,38256.927.30$83,266
Feb 20078910,36355.108.22$90,046
Jan 2007968,46150.306.73$61,745
Dec 20068910,71556.656.92$79,173
Nov 20069010,16354.207.62$82,294
Oct 20068110,11654.906.01$65,283
Sep 20069612,51260.085.04$68,793
Aug 20063913,66668.717.34$102,987
Jul 20062511,45369.376.34$74,378
Jun 2006227,58066.286.38$49,848
May 20062510,01166.016.42$65,971
Apr 2006219,54664.397.36$71,615
Mar 20064110,70956.707.08$78,176
Feb 200610710,19457.597.75$85,177
Jan 20065510,34660.598.93$95,757
Dec 20056911,20054.9413.42$154,043
Nov 20057810,36854.6910.59$114,046
Oct 20057011,22958.3413.80$158,996
Sep 20057811,06961.4512.08$138,496
Aug 20053310,92661.519.80$109,070
Jul 20053610,45655.697.84$84,018
Jun 20055510,94652.337.38$83,671
May 20055111,32845.226.65$77,651
Apr 20056812,44749.207.36$94,961
Mar 2005114,40950.377.15$103,145
Feb 2005639,24145.226.31$61,177
Jan 200529725,75143.166.32$175,621
Dec 200439126,73839.866.75$196,096
Nov 200437230,18145.286.33$207,903
Oct 200428724,18149.706.52$171,806
Sep 200442929,27543.245.28$173,236
Aug 200412831,58842.375.55$180,758
Jul 200417734,77238.286.08$218,335
Jun 200442438,33336.106.43$261,903
May 200414027,52037.486.49$183,978
Apr 200417339,55634.475.86$237,701
Mar 200416143,68734.365.53$247,127
Feb 20043747,35632.455.51$262,114
Jan 20048055,24532.036.30$350,586
Dec 20039659,26430.266.30$376,365
Nov 20037365,20528.804.60$301,730
Oct 20036052,37828.174.76$250,991
Sep 200354130,84526.314.75$160,728
Aug 200366143,49429.765.13$242,783
Jul 200354145,75729.415.17$252,513
Jun 200315145,33628.565.98$275,556
May 200316451,93426.595.97$314,546
Apr 200339954,11426.675.41$303,251
Mar 20031,04467,60731.146.10$444,645
Feb 20031,03661,75933.487.93$524,180
Jan 200330469,57330.315.58$397,574
Dec 200234577,94926.914.85$387,630
Nov 200243382,92024.664.14$353,715
Oct 200246290,77726.464.23$396,131
Sep 200292794,22427.443.64$367,960
Aug 20021,347114,72325.963.16$397,970
Jul 20021,869132,75324.583.06$452,398
Jun 20021,972157,20223.733.34$571,574
May 20021,555191,42624.663.58$724,417
Apr 20022,830201,32823.653.51$774,058
Mar 20022,690188,95022.003.10$645,439
Feb 20022,165150,47218.222.38$396,920
Jan 20022,607148,72517.172.38$398,085
Dec 20015,318186,99216.932.36$532,158
Nov 200101,80818.072.41$4,349

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            12 bbl  × $106.41 =     $1,277
Gas                2,178 Mcf  × $  3.05 =     $6,634

────────────────────────────────────────────────────
Month total                                   $7,911

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/186793 is the state's own key, not one this site invented.