VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, May 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 189391District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$22.0 M

May 2002 – May 2017

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

181

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	150972
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	92,005 bbl	$3,102,400
Gas	Production	3,438,393 Mcf	$18,849,083
Total			$21,951,483

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 27.2931, -99.0747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29309, -99.07469 · 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

10,100 ft

1 wells filed one

Completion to plug

15.0 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 10,100 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 15.0 years across the 1 well that filed both dates, with the middle half between 15.0 years and 15.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938076	5	10,100 ft	May 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 (181)

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

181 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	33	0	46.77	2.98	$1,543
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	7	41.44	2.92	$20
Jul 2016	0	580	41.62	2.92	$1,696
Jun 2016	0	110	45.35	2.69	$295
May 2016	0	384	42.52	1.99	$765
Apr 2016	0	636	36.56	1.99	$1,266
Mar 2016	43	783	33.01	1.79	$2,824
Feb 2016	0	571	26.47	2.06	$1,178
Jan 2016	0	2,035	27.35	2.36	$4,811
Dec 2015	0	2,951	32.36	2.00	$5,906
Nov 2015	24	827	38.79	2.17	$2,723
Oct 2015	25	631	43.55	2.43	$2,620
Sep 2015	0	1,833	42.99	2.76	$5,056
Aug 2015	0	816	40.16	2.87	$2,344
Jul 2015	0	693	48.15	2.95	$2,041
Jun 2015	32	2,964	56.15	2.88	$10,342
May 2015	24	1,335	55.21	2.96	$5,271
Apr 2015	0	1,913	49.82	2.71	$5,178
Mar 2015	0	3,644	42.89	2.93	$10,694
Feb 2015	0	3,176	44.66	2.98	$9,452
Jan 2015	23	1,996	43.43	3.10	$7,188
Dec 2014	0	862	54.69	3.59	$3,096
Nov 2014	0	2,349	70.46	4.25	$9,988
Oct 2014	0	1,101	78.30	3.90	$4,295
Sep 2014	0	501	86.16	4.05	$2,027
Aug 2014	0	228	89.39	4.04	$920
Jul 2014	24	685	96.56	4.18	$5,180
Jun 2014	39	1,567	98.16	4.74	$11,251
May 2014	0	1,511	94.73	4.73	$7,142
Apr 2014	49	1,975	95.94	4.81	$14,199
Mar 2014	46	2,605	95.89	5.06	$17,584
Feb 2014	19	2,394	97.40	6.19	$16,674
Jan 2014	38	2,363	90.40	4.86	$14,921
Dec 2013	33	2,569	91.82	4.35	$14,217
Nov 2013	30	2,617	88.85	3.74	$12,449
Oct 2013	71	2,297	97.42	3.78	$15,598
Sep 2013	27	3,569	104.11	3.72	$16,080
Aug 2013	12	3,052	104.25	3.52	$12,002
Jul 2013	37	2,208	102.52	3.72	$12,002
Jun 2013	0	2,200	94.40	3.93	$8,654
May 2013	35	3,065	94.83	4.15	$16,036
Apr 2013	22	2,885	93.96	4.28	$14,422
Mar 2013	58	2,509	93.62	3.91	$15,247
Feb 2013	63	3,429	91.23	3.42	$17,474
Jan 2013	41	3,813	91.60	3.42	$16,796
Dec 2012	24	3,220	86.77	3.42	$13,095
Nov 2012	61	3,049	86.95	3.62	$16,356
Oct 2012	62	3,368	89.38	3.40	$16,992
Sep 2012	22	3,386	94.67	2.92	$11,964
Aug 2012	17	2,533	92.66	2.91	$8,942
Jul 2012	36	1,650	85.13	3.02	$8,049
Jun 2012	39	4,381	79.82	2.52	$14,149
May 2012	30	1,980	91.61	2.49	$7,675
Apr 2012	73	2,807	101.65	2.00	$13,025
Mar 2012	29	2,850	105.05	2.22	$9,379
Feb 2012	36	2,788	101.10	2.57	$10,805
Jan 2012	35	3,352	98.09	2.73	$12,598
Dec 2011	48	3,369	96.87	3.24	$15,564
Nov 2011	95	5,019	95.72	3.31	$25,713
Oct 2011	46	3,564	84.98	3.65	$16,912
Sep 2011	50	4,623	83.62	3.99	$22,607
Aug 2011	78	3,964	83.40	4.15	$22,953
Jul 2011	0	4,299	94.14	4.52	$19,420
Jun 2011	38	2,891	92.90	4.64	$16,944
May 2011	77	3,649	98.13	4.40	$23,629
Apr 2011	65	3,629	105.96	4.33	$22,613
Mar 2011	59	3,740	96.36	4.06	$20,860
Feb 2011	0	2,803	85.64	4.18	$11,716
Jan 2011	74	3,611	86.50	4.59	$22,971
Dec 2010	28	4,568	85.73	4.35	$22,261
Nov 2010	77	3,649	80.84	3.80	$20,074
Oct 2010	91	5,229	78.10	3.51	$25,455
Sep 2010	52	3,834	72.63	3.98	$19,034
Aug 2010	270	5,024	73.68	4.42	$42,096
Jul 2010	0	5,297	72.55	4.74	$25,089
Jun 2010	0	4,139	70.36	4.91	$20,324
May 2010	52	4,783	71.12	4.24	$23,955
Apr 2010	67	5,192	81.69	4.12	$26,878
Mar 2010	76	4,164	78.39	4.39	$24,232
Feb 2010	35	4,873	73.58	5.44	$29,096
Jan 2010	75	5,261	74.36	5.96	$36,954
Dec 2009	67	6,634	71.44	5.48	$41,166
Nov 2009	32	4,161	74.59	3.75	$17,997
Oct 2009	70	4,333	72.54	4.11	$22,888
Sep 2009	36	5,336	65.54	3.06	$18,713
Aug 2009	72	5,988	67.42	3.22	$24,127
Jul 2009	89	5,824	61.13	3.46	$25,618
Jun 2009	70	4,576	66.16	3.90	$22,455
May 2009	70	6,894	54.74	3.93	$30,896
Apr 2009	98	6,658	46.77	3.59	$28,469
Mar 2009	28	7,217	42.14	4.06	$30,474
Feb 2009	85	5,364	32.81	4.63	$27,640
Jan 2009	87	7,292	35.86	5.37	$42,285
Dec 2008	82	7,954	37.10	5.98	$50,584
Nov 2008	79	6,363	55.49	6.86	$48,036
Oct 2008	47	7,525	75.24	6.92	$55,624
Sep 2008	101	7,445	101.76	7.88	$68,923
Aug 2008	56	8,864	114.22	8.48	$81,590
Jul 2008	111	8,029	131.08	11.39	$105,996
Jun 2008	129	9,370	131.33	13.03	$139,057
May 2008	117	8,931	123.17	11.57	$117,781
Apr 2008	105	9,585	110.31	10.45	$111,792
Mar 2008	108	9,271	101.90	9.66	$100,601
Feb 2008	157	8,226	92.53	8.77	$86,674
Jan 2008	191	10,308	90.38	8.21	$101,847
Dec 2007	272	8,332	88.33	7.30	$84,866
Nov 2007	172	9,051	91.67	7.29	$81,764
Oct 2007	125	10,171	82.85	6.92	$80,760
Sep 2007	119	10,147	75.84	6.24	$72,384
Aug 2007	113	10,517	69.06	6.39	$74,986
Jul 2007	186	9,967	70.90	6.39	$76,856
Jun 2007	53	10,371	62.00	7.55	$81,571
May 2007	68	11,185	58.74	7.85	$91,755
Apr 2007	58	11,158	59.61	7.81	$90,548
Mar 2007	49	11,741	56.92	7.30	$88,522
Feb 2007	49	10,294	55.10	8.22	$87,275
Jan 2007	46	12,575	50.30	6.73	$86,904
Dec 2006	48	13,496	56.65	6.92	$96,090
Nov 2006	47	12,449	54.20	7.62	$97,377
Oct 2006	65	13,621	54.90	6.01	$85,482
Sep 2006	54	13,084	60.08	5.04	$69,151
Aug 2006	72	14,682	68.71	7.34	$112,712
Jul 2006	110	15,537	69.37	6.34	$106,178
Jun 2006	248	14,834	66.28	6.38	$111,136
May 2006	327	16,276	66.01	6.42	$126,159
Apr 2006	238	14,632	64.39	7.36	$123,023
Mar 2006	369	16,951	56.70	7.08	$140,985
Feb 2006	188	15,518	57.59	7.75	$131,109
Jan 2006	314	18,085	60.59	8.93	$180,584
Dec 2005	298	17,300	54.94	13.42	$248,459
Nov 2005	233	17,110	54.69	10.59	$193,910
Oct 2005	337	18,249	58.34	13.80	$271,419
Sep 2005	288	19,961	61.45	12.08	$258,807
Aug 2005	293	21,091	61.51	9.80	$224,648
Jul 2005	334	20,707	55.69	7.84	$181,019
Jun 2005	269	20,724	52.33	7.38	$167,041
May 2005	380	21,727	45.22	6.65	$161,693
Apr 2005	446	22,563	49.20	7.36	$188,018
Mar 2005	390	23,584	50.37	7.15	$188,385
Feb 2005	490	21,927	45.22	6.31	$160,559
Jan 2005	605	25,179	43.16	6.32	$185,298
Dec 2004	663	26,995	39.86	6.75	$208,673
Nov 2004	566	28,919	45.28	6.33	$208,698
Oct 2004	636	30,682	49.70	6.52	$231,506
Sep 2004	434	31,184	43.24	5.28	$183,539
Aug 2004	525	36,551	42.37	5.55	$225,126
Jul 2004	613	39,950	38.28	6.08	$266,529
Jun 2004	738	40,142	36.10	6.43	$284,876
May 2004	616	40,292	37.48	6.49	$284,767
Apr 2004	593	41,046	34.47	5.86	$260,907
Mar 2004	868	44,075	34.36	5.53	$273,565
Feb 2004	1,094	43,114	32.45	5.51	$273,042
Jan 2004	1,257	50,418	32.03	6.30	$357,877
Dec 2003	1,119	55,659	30.26	6.30	$384,604
Nov 2003	1,198	55,479	28.80	4.60	$289,437
Oct 2003	1,541	66,193	28.17	4.76	$358,465
Sep 2003	1,500	70,082	26.31	4.75	$372,310
Aug 2003	1,573	82,299	29.76	5.13	$468,983
Jul 2003	2,326	95,146	29.41	5.17	$560,392
Jun 2003	2,067	103,334	28.56	5.98	$677,277
May 2003	2,317	102,014	26.59	5.97	$670,906
Apr 2003	2,927	107,074	26.67	5.41	$657,042
Mar 2003	3,954	116,141	31.14	6.10	$831,128
Feb 2003	4,009	105,523	33.48	7.93	$970,584
Jan 2003	3,633	98,042	30.31	5.58	$657,391
Dec 2002	4,597	106,695	26.91	4.85	$641,577
Nov 2002	4,995	122,046	24.66	4.14	$628,076
Oct 2002	5,930	130,478	26.46	4.23	$708,715
Sep 2002	5,426	122,532	27.44	3.64	$594,318
Aug 2002	5,553	129,884	25.96	3.16	$555,130
Jul 2002	7,204	160,913	24.58	3.06	$669,751
Jun 2002	7,982	186,967	23.73	3.34	$813,554
May 2002	946	24,803	24.66	3.58	$112,222

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            33 bbl  × $ 46.77 =     $1,543
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,543

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/189391 is the state's own key, not one this site invented.