VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Sep 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 191511District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$19.3 M

Sep 2002 – May 2017

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

177

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	150969
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	21,130 bbl	$904,298
Gas	Production	3,193,333 Mcf	$18,379,065
Total			$19,283,363

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 27.2957, -99.0714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29570, -99.07145 · 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

10,050 ft

1 wells filed one

Completion to plug

14.7 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 10,050 ft.

Completions filed

Sep 2002

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938177	10	10,050 ft	Sep 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 (177)

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

177 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	39	0	46.77	2.98	$1,824
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	21	41.44	2.92	$61
Jul 2016	0	971	41.62	2.92	$2,840
Jun 2016	0	480	45.35	2.69	$1,289
May 2016	0	2,259	42.52	1.99	$4,498
Apr 2016	0	737	36.56	1.99	$1,467
Mar 2016	42	1,347	33.01	1.79	$3,803
Feb 2016	0	984	26.47	2.06	$2,031
Jan 2016	0	1,586	27.35	2.36	$3,750
Dec 2015	0	2,709	32.36	2.00	$5,422
Nov 2015	46	4,355	38.79	2.17	$11,223
Oct 2015	41	5,627	43.55	2.43	$15,440
Sep 2015	0	2,709	42.99	2.76	$7,473
Aug 2015	0	4,957	40.16	2.87	$14,239
Jul 2015	0	1,659	48.15	2.95	$4,886
Jun 2015	23	873	56.15	2.88	$3,808
May 2015	38	4,740	55.21	2.96	$16,107
Apr 2015	0	3,861	49.82	2.71	$10,450
Mar 2015	0	2,821	42.89	2.93	$8,279
Feb 2015	0	2,003	44.66	2.98	$5,961
Jan 2015	25	3,289	43.43	3.10	$11,284
Dec 2014	0	4,337	54.69	3.59	$15,576
Nov 2014	0	5,164	70.46	4.25	$21,957
Oct 2014	0	2,584	78.30	3.90	$10,080
Sep 2014	0	507	86.16	4.05	$2,051
Aug 2014	0	144	89.39	4.04	$581
Jul 2014	69	672	96.56	4.18	$9,471
Jun 2014	31	5,045	98.16	4.74	$26,941
May 2014	0	3,099	94.73	4.73	$14,648
Apr 2014	17	4,861	95.94	4.81	$25,008
Mar 2014	22	3,681	95.89	5.06	$20,724
Feb 2014	42	2,918	97.40	6.19	$22,159
Jan 2014	36	4,551	90.40	4.86	$25,376
Dec 2013	29	5,352	91.82	4.35	$25,968
Nov 2013	40	5,168	88.85	3.74	$22,873
Oct 2013	26	5,302	97.42	3.78	$22,571
Sep 2013	26	4,192	104.11	3.72	$18,292
Aug 2013	29	4,440	104.25	3.52	$18,664
Jul 2013	26	5,058	102.52	3.72	$21,470
Jun 2013	0	4,451	94.40	3.93	$17,508
May 2013	26	4,620	94.83	4.15	$21,634
Apr 2013	46	4,761	93.96	4.28	$24,712
Mar 2013	86	6,935	93.62	3.91	$35,187
Feb 2013	65	5,347	91.23	3.42	$24,216
Jan 2013	63	4,904	91.60	3.42	$22,542
Dec 2012	31	6,692	86.77	3.42	$25,578
Nov 2012	76	4,158	86.95	3.62	$21,681
Oct 2012	97	6,500	89.38	3.40	$30,768
Sep 2012	39	6,841	94.67	2.92	$23,657
Aug 2012	42	5,635	92.66	2.91	$20,279
Jul 2012	29	5,401	85.13	3.02	$18,784
Jun 2012	103	3,301	79.82	2.52	$16,537
May 2012	73	7,777	91.61	2.49	$26,039
Apr 2012	13	9,794	101.65	2.00	$20,878
Mar 2012	32	2,071	105.05	2.22	$7,964
Feb 2012	25	2,852	101.10	2.57	$9,858
Jan 2012	37	3,074	98.09	2.73	$12,034
Dec 2011	20	4,717	96.87	3.24	$17,219
Nov 2011	41	2,111	95.72	3.31	$10,915
Oct 2011	0	2,745	84.98	3.65	$10,015
Sep 2011	5	2,528	83.62	3.99	$10,494
Aug 2011	12	2,237	83.40	4.15	$10,283
Jul 2011	0	3,666	94.14	4.52	$16,560
Jun 2011	10	1,759	92.90	4.64	$9,091
May 2011	25	4,072	98.13	4.40	$20,390
Apr 2011	59	6,074	105.96	4.33	$32,572
Mar 2011	67	4,849	96.36	4.06	$26,130
Feb 2011	0	5,079	85.64	4.18	$21,230
Jan 2011	61	5,614	86.50	4.59	$31,038
Dec 2010	22	6,087	85.73	4.35	$28,351
Nov 2010	63	4,553	80.84	3.80	$22,373
Oct 2010	43	6,627	78.10	3.51	$26,612
Sep 2010	18	4,991	72.63	3.98	$21,169
Aug 2010	142	5,582	73.68	4.42	$35,131
Jul 2010	0	6,483	72.55	4.74	$30,707
Jun 2010	0	5,189	70.36	4.91	$25,480
May 2010	18	7,040	71.12	4.24	$31,096
Apr 2010	49	6,033	81.69	4.12	$28,875
Mar 2010	56	5,149	78.39	4.39	$26,987
Feb 2010	29	5,547	73.58	5.44	$32,323
Jan 2010	53	6,814	74.36	5.96	$44,580
Dec 2009	38	7,173	71.44	5.48	$42,050
Nov 2009	21	3,438	74.59	3.75	$14,464
Oct 2009	41	5,240	72.54	4.11	$24,512
Sep 2009	21	6,125	65.54	3.06	$20,148
Aug 2009	42	6,718	67.42	3.22	$24,454
Jul 2009	64	7,330	61.13	3.46	$29,307
Jun 2009	37	7,238	66.16	3.90	$30,640
May 2009	37	6,731	54.74	3.93	$28,450
Apr 2009	60	7,112	46.77	3.59	$28,321
Mar 2009	21	7,113	42.14	4.06	$29,757
Feb 2009	62	6,053	32.81	4.63	$30,078
Jan 2009	57	7,508	35.86	5.37	$42,369
Dec 2008	59	7,321	37.10	5.98	$45,948
Nov 2008	54	7,671	55.49	6.86	$55,622
Oct 2008	30	7,089	75.24	6.92	$51,327
Sep 2008	45	7,149	101.76	7.88	$60,893
Aug 2008	26	8,310	114.22	8.48	$73,464
Jul 2008	50	8,099	131.08	11.39	$98,797
Jun 2008	56	8,457	131.33	13.03	$117,571
May 2008	45	8,893	123.17	11.57	$108,473
Apr 2008	41	7,305	110.31	10.45	$80,895
Mar 2008	50	8,022	101.90	9.66	$82,620
Feb 2008	68	8,405	92.53	8.77	$80,009
Jan 2008	81	6,926	90.38	8.21	$64,154
Dec 2007	128	9,196	88.33	7.30	$78,455
Nov 2007	83	7,607	91.67	7.29	$63,077
Oct 2007	55	9,733	82.85	6.92	$71,928
Sep 2007	50	9,041	75.84	6.24	$60,245
Aug 2007	53	8,972	69.06	6.39	$60,973
Jul 2007	87	9,568	70.90	6.39	$67,288
Jun 2007	26	9,464	62.00	7.55	$73,051
May 2007	35	10,226	58.74	7.85	$82,292
Apr 2007	33	10,573	59.61	7.81	$84,492
Mar 2007	28	12,212	56.92	7.30	$90,765
Feb 2007	23	9,482	55.10	8.22	$79,171
Jan 2007	21	10,264	50.30	6.73	$70,101
Dec 2006	23	11,206	56.65	6.92	$78,831
Nov 2006	23	10,548	54.20	7.62	$81,596
Oct 2006	42	11,669	54.90	6.01	$72,481
Sep 2006	55	11,920	60.08	5.04	$63,348
Aug 2006	72	12,813	68.71	7.34	$98,994
Jul 2006	86	13,584	69.37	6.34	$92,126
Jun 2006	80	13,058	66.28	6.38	$88,663
May 2006	103	14,053	66.01	6.42	$97,090
Apr 2006	77	12,813	64.39	7.36	$99,268
Mar 2006	116	14,944	56.70	7.08	$112,424
Feb 2006	60	13,122	57.59	7.75	$105,166
Jan 2006	100	15,780	60.59	8.93	$147,027
Dec 2005	101	15,442	54.94	13.42	$212,710
Nov 2005	84	16,461	54.69	10.59	$178,890
Oct 2005	125	19,193	58.34	13.80	$272,075
Sep 2005	94	17,893	61.45	12.08	$221,906
Aug 2005	95	18,965	61.51	9.80	$191,641
Jul 2005	113	19,318	55.69	7.84	$157,816
Jun 2005	94	19,914	52.33	7.38	$151,905
May 2005	131	20,788	45.22	6.65	$144,188
Apr 2005	157	21,387	49.20	7.36	$165,143
Mar 2005	143	23,504	50.37	7.15	$175,371
Feb 2005	182	22,235	45.22	6.31	$148,576
Jan 2005	226	25,839	43.16	6.32	$173,113
Dec 2004	245	27,283	39.86	6.75	$193,955
Nov 2004	210	29,004	45.28	6.33	$193,116
Oct 2004	249	31,755	49.70	6.52	$219,262
Sep 2004	189	33,162	43.24	5.28	$183,397
Aug 2004	226	38,028	42.37	5.55	$220,656
Jul 2004	257	40,749	38.28	6.08	$257,762
Jun 2004	308	39,462	36.10	6.43	$264,979
May 2004	291	45,479	37.48	6.49	$306,274
Apr 2004	280	48,730	34.47	5.86	$295,134
Mar 2004	306	55,499	34.36	5.53	$317,431
Feb 2004	343	48,842	32.45	5.51	$280,231
Jan 2004	349	50,426	32.03	6.30	$328,844
Dec 2003	285	47,965	30.26	6.30	$310,882
Nov 2003	339	55,241	28.80	4.60	$263,604
Oct 2003	428	66,270	28.17	4.76	$327,478
Sep 2003	392	66,309	26.31	4.75	$325,239
Aug 2003	421	80,818	29.76	5.13	$427,103
Jul 2003	633	93,606	29.41	5.17	$502,638
Jun 2003	621	106,338	28.56	5.98	$653,952
May 2003	805	133,047	26.59	5.97	$816,052
Apr 2003	847	120,583	26.67	5.41	$674,616
Mar 2003	825	133,672	31.14	6.10	$840,560
Feb 2003	845	120,385	33.48	7.93	$982,448
Jan 2003	842	122,555	30.31	5.58	$709,628
Dec 2002	1,235	156,119	26.91	4.85	$790,998
Nov 2002	1,417	191,352	24.66	4.14	$826,559
Oct 2002	1,452	192,634	26.46	4.23	$853,092
Sep 2002	57	8,084	27.44	3.64	$30,951

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            39 bbl  × $ 46.77 =     $1,824
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,824

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/191511 is the state's own key, not one this site invented.