VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Apr 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188871District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$19.1 M

Apr 2002 – May 2017

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

182

no gaps in the span

Streams

condensate, gas

The ZWEBB (10350) field

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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered

1988-05-03

as the register files it

Field class

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 2003-06-10.

The Commission's schedule remark for this field reads: “AND 5% PER WELL.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-04-30	150965
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	49,910 bbl	$1,718,759
Gas	Production	3,295,484 Mcf	$17,338,164
Total			$19,056,923

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 27.2954, -99.0769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29539, -99.07691 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,146 ft

1 wells filed one

Completion to plug

15.1 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 10,146 ft.

Completions filed

Apr 2002

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 15.1 years across the 1 well that filed both dates, with the middle half between 15.1 years and 15.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938032	2	10,146 ft	Apr 2002	May 2017	Yes

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 (182)

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

182 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	30	0	46.77	2.98	$1,403
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	22	41.44	2.92	$64
Jul 2016	0	1,578	41.62	2.92	$4,615
Jun 2016	0	798	45.35	2.69	$2,143
May 2016	0	1,584	42.52	1.99	$3,154
Apr 2016	0	1,328	36.56	1.99	$2,644
Mar 2016	49	1,659	33.01	1.79	$4,594
Feb 2016	0	1,195	26.47	2.06	$2,466
Jan 2016	0	978	27.35	2.36	$2,312
Dec 2015	0	1,667	32.36	2.00	$3,336
Nov 2015	43	1,633	38.79	2.17	$5,207
Oct 2015	48	1,549	43.55	2.43	$5,849
Sep 2015	0	1,273	42.99	2.76	$3,511
Aug 2015	0	1,916	40.16	2.87	$5,504
Jul 2015	0	1,494	48.15	2.95	$4,400
Jun 2015	45	1,139	56.15	2.88	$5,810
May 2015	48	1,667	55.21	2.96	$7,577
Apr 2015	0	1,484	49.82	2.71	$4,017
Mar 2015	0	1,750	42.89	2.93	$5,136
Feb 2015	0	1,778	44.66	2.98	$5,292
Jan 2015	46	1,810	43.43	3.10	$7,610
Dec 2014	0	1,629	54.69	3.59	$5,850
Nov 2014	0	2,122	70.46	4.25	$9,022
Oct 2014	0	1,503	78.30	3.90	$5,863
Sep 2014	0	1,283	86.16	4.05	$5,190
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	35	822	96.56	4.18	$6,815
Jun 2014	31	1,650	98.16	4.74	$10,859
May 2014	0	1,297	94.73	4.73	$6,130
Apr 2014	35	1,865	95.94	4.81	$12,327
Mar 2014	40	1,842	95.89	5.06	$13,150
Feb 2014	24	1,651	97.40	6.19	$12,561
Jan 2014	37	1,745	90.40	4.86	$11,827
Dec 2013	36	2,084	91.82	4.35	$12,380
Nov 2013	40	2,153	88.85	3.74	$11,603
Oct 2013	6	2,097	97.42	3.78	$8,510
Sep 2013	22	2,207	104.11	3.72	$10,495
Aug 2013	21	2,760	104.25	3.52	$11,912
Jul 2013	24	2,950	102.52	3.72	$13,428
Jun 2013	0	3,066	94.40	3.93	$12,060
May 2013	63	3,076	94.83	4.15	$18,737
Apr 2013	69	7,111	93.96	4.28	$36,937
Mar 2013	128	4,345	93.62	3.91	$28,985
Feb 2013	174	3,241	91.23	3.42	$26,958
Jan 2013	211	6,152	91.60	3.42	$40,367
Dec 2012	98	9,051	86.77	3.42	$39,459
Nov 2012	137	4,653	86.95	3.62	$28,779
Oct 2012	77	2,239	89.38	3.40	$14,494
Sep 2012	52	1,972	94.67	2.92	$10,678
Aug 2012	44	2,581	92.66	2.91	$11,583
Jul 2012	42	1,828	85.13	3.02	$9,097
Jun 2012	77	1,958	79.82	2.52	$11,078
May 2012	31	1,833	91.61	2.49	$7,401
Apr 2012	70	1,796	101.65	2.00	$10,702
Mar 2012	35	1,678	105.05	2.22	$7,405
Feb 2012	32	1,634	101.10	2.57	$7,435
Jan 2012	36	1,764	98.09	2.73	$8,354
Dec 2011	35	1,945	96.87	3.24	$9,692
Nov 2011	77	1,912	95.72	3.31	$13,702
Oct 2011	19	2,135	84.98	3.65	$9,404
Sep 2011	27	2,065	83.62	3.99	$10,488
Aug 2011	57	2,120	83.40	4.15	$13,550
Jul 2011	0	2,150	94.14	4.52	$9,712
Jun 2011	37	2,379	92.90	4.64	$14,476
May 2011	76	3,750	98.13	4.40	$23,976
Apr 2011	43	3,284	105.96	4.33	$18,787
Mar 2011	42	2,683	96.36	4.06	$14,933
Feb 2011	0	2,007	85.64	4.18	$8,389
Jan 2011	40	2,411	86.50	4.59	$14,524
Dec 2010	24	2,372	85.73	4.35	$12,370
Nov 2010	42	2,708	80.84	3.80	$13,673
Oct 2010	45	2,829	78.10	3.51	$13,441
Sep 2010	20	2,455	72.63	3.98	$11,222
Aug 2010	112	2,792	73.68	4.42	$20,591
Jul 2010	0	2,575	72.55	4.74	$12,196
Jun 2010	0	2,092	70.36	4.91	$10,273
May 2010	14	2,655	71.12	4.24	$12,240
Apr 2010	18	2,234	81.69	4.12	$10,681
Mar 2010	19	2,282	78.39	4.39	$11,504
Feb 2010	8	2,391	73.58	5.44	$13,601
Jan 2010	19	2,976	74.36	5.96	$19,162
Dec 2009	17	2,845	71.44	5.48	$16,816
Nov 2009	7	2,480	74.59	3.75	$9,826
Oct 2009	14	2,969	72.54	4.11	$13,219
Sep 2009	7	3,039	65.54	3.06	$9,773
Aug 2009	24	4,532	67.42	3.22	$16,204
Jul 2009	40	6,343	61.13	3.46	$24,421
Jun 2009	15	7,493	66.16	3.90	$30,178
May 2009	11	3,298	54.74	3.93	$13,549
Apr 2009	24	3,158	46.77	3.59	$12,452
Mar 2009	9	3,607	42.14	4.06	$15,020
Feb 2009	38	3,025	32.81	4.63	$15,262
Jan 2009	45	7,737	35.86	5.37	$43,169
Dec 2008	31	7,061	37.10	5.98	$43,355
Nov 2008	24	3,596	55.49	6.86	$26,002
Oct 2008	14	4,342	75.24	6.92	$31,109
Sep 2008	50	3,860	101.76	7.88	$35,494
Aug 2008	51	5,931	114.22	8.48	$56,138
Jul 2008	79	10,513	131.08	11.39	$130,092
Jun 2008	41	3,593	131.33	13.03	$52,211
May 2008	39	4,046	123.17	11.57	$51,633
Apr 2008	31	3,951	110.31	10.45	$44,727
Mar 2008	31	4,328	101.90	9.66	$44,985
Feb 2008	55	4,727	92.53	8.77	$46,548
Jan 2008	105	6,672	90.38	8.21	$64,239
Dec 2007	116	11,860	88.33	7.30	$96,848
Nov 2007	35	3,256	91.67	7.29	$26,950
Oct 2007	24	3,540	82.85	6.92	$26,492
Sep 2007	24	3,450	75.84	6.24	$23,363
Aug 2007	24	3,591	69.06	6.39	$24,597
Jul 2007	41	3,777	70.90	6.39	$27,034
Jun 2007	13	3,822	62.00	7.55	$29,656
May 2007	21	4,296	58.74	7.85	$34,941
Apr 2007	20	4,163	59.61	7.81	$33,685
Mar 2007	26	5,321	56.92	7.30	$40,334
Feb 2007	28	8,206	55.10	8.22	$68,963
Jan 2007	21	7,954	50.30	6.73	$54,562
Dec 2006	21	6,344	56.65	6.92	$45,080
Nov 2006	26	8,375	54.20	7.62	$65,206
Oct 2006	32	8,051	54.90	6.01	$50,174
Sep 2006	26	9,788	60.08	5.04	$50,866
Aug 2006	36	10,985	68.71	7.34	$83,103
Jul 2006	53	11,824	69.37	6.34	$78,673
Jun 2006	112	11,635	66.28	6.38	$81,700
May 2006	149	12,829	66.01	6.42	$92,262
Apr 2006	107	11,469	64.39	7.36	$91,307
Mar 2006	161	13,039	56.70	7.08	$101,483
Feb 2006	85	11,706	57.59	7.75	$95,630
Jan 2006	145	14,429	60.59	8.93	$137,684
Dec 2005	141	13,772	54.94	13.42	$192,503
Nov 2005	114	14,574	54.69	10.59	$160,550
Oct 2005	165	15,345	58.34	13.80	$221,322
Sep 2005	145	16,640	61.45	12.08	$209,905
Aug 2005	140	16,508	61.51	9.80	$170,338
Jul 2005	174	17,670	55.69	7.84	$148,287
Jun 2005	143	18,261	52.33	7.38	$142,268
May 2005	198	19,056	45.22	6.65	$135,698
Apr 2005	231	19,272	49.20	7.36	$153,216
Mar 2005	212	21,543	50.37	7.15	$164,816
Feb 2005	275	20,934	45.22	6.31	$144,569
Jan 2005	338	23,654	43.16	6.32	$164,133
Dec 2004	368	25,777	39.86	6.75	$188,691
Nov 2004	311	26,430	45.28	6.33	$181,395
Oct 2004	363	29,279	49.70	6.52	$208,797
Sep 2004	266	28,690	43.24	5.28	$163,097
Aug 2004	326	34,683	42.37	5.55	$206,326
Jul 2004	367	35,951	38.28	6.08	$232,781
Jun 2004	461	37,865	36.10	6.43	$260,228
May 2004	394	38,538	37.48	6.49	$265,055
Apr 2004	389	41,513	34.47	5.86	$256,611
Mar 2004	505	46,952	34.36	5.53	$277,003
Feb 2004	656	46,861	32.45	5.51	$279,474
Jan 2004	764	57,004	32.03	6.30	$383,576
Dec 2003	635	58,513	30.26	6.30	$387,943
Nov 2003	620	55,153	28.80	4.60	$271,293
Oct 2003	645	53,774	28.17	4.76	$274,115
Sep 2003	544	53,347	26.31	4.75	$267,677
Aug 2003	573	62,820	29.76	5.13	$339,301
Jul 2003	856	73,199	29.41	5.17	$403,675
Jun 2003	807	80,394	28.56	5.98	$504,042
May 2003	1,060	95,901	26.59	5.97	$600,971
Apr 2003	1,497	114,086	26.67	5.41	$656,820
Mar 2003	2,051	129,195	31.14	6.10	$851,446
Feb 2003	1,847	99,820	33.48	7.93	$852,999
Jan 2003	1,848	105,782	30.31	5.58	$646,492
Dec 2002	2,150	104,588	26.91	4.85	$565,502
Nov 2002	2,411	121,463	24.66	4.14	$561,943
Oct 2002	3,314	152,324	26.46	4.23	$731,885
Sep 2002	3,230	151,590	27.44	3.64	$639,691
Aug 2002	3,538	174,895	25.96	3.16	$645,242
Jul 2002	4,157	198,871	24.58	3.06	$711,074
Jun 2002	3,556	160,359	23.73	3.34	$619,701
May 2002	2,167	96,640	24.66	3.58	$399,796
Apr 2002	0	0	23.65	3.51	$0

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.

Mar 2017 — as filed, then multipliedworked

Condensate            30 bbl  × $ 46.77 =     $1,403
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,403

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/188871 is the state's own key, not one this site invented.