VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Aug 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 191512District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.4 M

Aug 2002 – May 2017

Value, last 12 filed months

$187

at the published price for each month

Months reported

178

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	2003-04-28	150971
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	4,323 bbl	$153,754
Gas	Production	410,446 Mcf	$2,224,394
Total			$2,378,148

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 27.2981, -99.0798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29808, -99.07978 · 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

9,900 ft

1 wells filed one

Completion to plug

14.6 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 9,900 ft.

Completions filed

Aug 2002

1 of 1 wells

Plug dates filed

Mar 2017

1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938163	6	9,900 ft	Aug 2002	Mar 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 (178)

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

178 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	4	0	46.77	2.98	$187
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	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	5	0	33.01	1.79	$165
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	262	27.35	2.36	$619
Dec 2015	0	466	32.36	2.00	$933
Nov 2015	14	491	38.79	2.17	$1,607
Oct 2015	17	452	43.55	2.43	$1,837
Sep 2015	0	363	42.99	2.76	$1,001
Aug 2015	0	619	40.16	2.87	$1,778
Jul 2015	0	386	48.15	2.95	$1,137
Jun 2015	20	396	56.15	2.88	$2,265
May 2015	19	426	55.21	2.96	$2,308
Apr 2015	0	411	49.82	2.71	$1,112
Mar 2015	0	455	42.89	2.93	$1,335
Feb 2015	0	462	44.66	2.98	$1,375
Jan 2015	24	486	43.43	3.10	$2,549
Dec 2014	0	430	54.69	3.59	$1,544
Nov 2014	0	579	70.46	4.25	$2,462
Oct 2014	0	516	78.30	3.90	$2,013
Sep 2014	0	472	86.16	4.05	$1,909
Aug 2014	0	186	89.39	4.04	$751
Jul 2014	3	424	96.56	4.18	$2,062
Jun 2014	17	506	98.16	4.74	$4,066
May 2014	0	391	94.73	4.73	$1,848
Apr 2014	11	577	95.94	4.81	$3,830
Mar 2014	11	519	95.89	5.06	$3,679
Feb 2014	14	460	97.40	6.19	$4,212
Jan 2014	6	521	90.40	4.86	$3,075
Dec 2013	13	454	91.82	4.35	$3,171
Nov 2013	9	532	88.85	3.74	$2,788
Oct 2013	12	429	97.42	3.78	$2,790
Sep 2013	21	492	104.11	3.72	$4,015
Aug 2013	12	732	104.25	3.52	$3,830
Jul 2013	20	781	102.52	3.72	$4,954
Jun 2013	0	790	94.40	3.93	$3,107
May 2013	12	886	94.83	4.15	$4,814
Apr 2013	8	710	93.96	4.28	$3,792
Mar 2013	16	669	93.62	3.91	$4,116
Feb 2013	14	579	91.23	3.42	$3,257
Jan 2013	10	605	91.60	3.42	$2,985
Dec 2012	7	598	86.77	3.42	$2,653
Nov 2012	19	666	86.95	3.62	$4,066
Oct 2012	20	861	89.38	3.40	$4,715
Sep 2012	9	872	94.67	2.92	$3,397
Aug 2012	9	869	92.66	2.91	$3,361
Jul 2012	9	838	85.13	3.02	$3,298
Jun 2012	16	748	79.82	2.52	$3,161
May 2012	5	758	91.61	2.49	$2,344
Apr 2012	26	701	101.65	2.00	$4,043
Mar 2012	7	786	105.05	2.22	$2,482
Feb 2012	12	640	101.10	2.57	$2,858
Jan 2012	11	859	98.09	2.73	$3,428
Dec 2011	10	869	96.87	3.24	$3,784
Nov 2011	16	900	95.72	3.31	$4,512
Oct 2011	0	851	84.98	3.65	$3,105
Sep 2011	0	848	83.62	3.99	$3,380
Aug 2011	0	933	83.40	4.15	$3,871
Jul 2011	0	1,011	94.14	4.52	$4,567
Jun 2011	0	1,079	92.90	4.64	$5,006
May 2011	0	1,123	98.13	4.40	$4,947
Apr 2011	0	1,001	105.96	4.33	$4,338
Mar 2011	0	944	96.36	4.06	$3,830
Feb 2011	0	944	85.64	4.18	$3,946
Jan 2011	0	924	86.50	4.59	$4,240
Dec 2010	0	998	85.73	4.35	$4,339
Nov 2010	0	1,081	80.84	3.80	$4,103
Oct 2010	0	1,013	78.10	3.51	$3,555
Sep 2010	0	1,001	72.63	3.98	$3,983
Aug 2010	0	1,137	73.68	4.42	$5,025
Jul 2010	0	997	72.55	4.74	$4,722
Jun 2010	0	977	70.36	4.91	$4,797
May 2010	0	1,129	71.12	4.24	$4,782
Apr 2010	0	834	81.69	4.12	$3,438
Mar 2010	0	853	78.39	4.39	$3,744
Feb 2010	0	721	73.58	5.44	$3,924
Jan 2010	0	752	74.36	5.96	$4,485
Dec 2009	0	774	71.44	5.48	$4,244
Nov 2009	0	659	74.59	3.75	$2,472
Oct 2009	0	643	72.54	4.11	$2,643
Sep 2009	0	791	65.54	3.06	$2,424
Aug 2009	0	906	67.42	3.22	$2,916
Jul 2009	0	999	61.13	3.46	$3,461
Jun 2009	0	961	66.16	3.90	$3,743
May 2009	0	1,228	54.74	3.93	$4,821
Apr 2009	0	917	46.77	3.59	$3,290
Mar 2009	0	1,000	42.14	4.06	$4,059
Feb 2009	0	909	32.81	4.63	$4,211
Jan 2009	0	1,018	35.86	5.37	$5,468
Dec 2008	0	1,013	37.10	5.98	$6,055
Nov 2008	0	1,006	55.49	6.86	$6,902
Oct 2008	0	1,297	75.24	6.92	$8,978
Sep 2008	0	556	101.76	7.88	$4,380
Aug 2008	0	1,051	114.22	8.48	$8,916
Jul 2008	0	1,239	131.08	11.39	$14,112
Jun 2008	0	1,364	131.33	13.03	$17,777
May 2008	0	1,423	123.17	11.57	$16,470
Apr 2008	0	993	110.31	10.45	$10,382
Mar 2008	0	1,351	101.90	9.66	$13,056
Feb 2008	0	1,173	92.53	8.77	$10,288
Jan 2008	0	1,365	90.38	8.21	$11,201
Dec 2007	0	980	88.33	7.30	$7,156
Nov 2007	0	1,175	91.67	7.29	$8,568
Oct 2007	0	1,470	82.85	6.92	$10,175
Sep 2007	0	1,438	75.84	6.24	$8,979
Aug 2007	0	1,633	69.06	6.39	$10,432
Jul 2007	0	1,396	70.90	6.39	$8,918
Jun 2007	0	1,471	62.00	7.55	$11,104
May 2007	0	1,670	58.74	7.85	$13,103
Apr 2007	0	942	59.61	7.81	$7,353
Mar 2007	0	1,417	56.92	7.30	$10,347
Feb 2007	0	1,334	55.10	8.22	$10,960
Jan 2007	0	810	50.30	6.73	$5,449
Dec 2006	0	1,108	56.65	6.92	$7,666
Nov 2006	0	1,474	54.20	7.62	$11,228
Oct 2006	1	1,438	54.90	6.01	$8,703
Sep 2006	5	1,734	60.08	5.04	$9,035
Aug 2006	5	1,721	68.71	7.34	$12,976
Jul 2006	6	1,709	69.37	6.34	$11,256
Jun 2006	3	1,432	66.28	6.38	$9,341
May 2006	5	1,437	66.01	6.42	$9,563
Apr 2006	4	1,674	64.39	7.36	$12,579
Mar 2006	7	2,146	56.70	7.08	$15,597
Feb 2006	3	1,616	57.59	7.75	$12,699
Jan 2006	5	1,734	60.59	8.93	$15,793
Dec 2005	5	1,963	54.94	13.42	$26,609
Nov 2005	5	2,169	54.69	10.59	$23,240
Oct 2005	7	1,982	58.34	13.80	$27,752
Sep 2005	6	2,193	61.45	12.08	$26,858
Aug 2005	5	1,824	61.51	9.80	$18,177
Jul 2005	4	1,546	55.69	7.84	$12,349
Jun 2005	5	1,519	52.33	7.38	$11,473
May 2005	7	2,106	45.22	6.65	$14,324
Apr 2005	4	1,796	49.20	7.36	$13,416
Mar 2005	4	1,767	50.37	7.15	$12,844
Feb 2005	6	1,812	45.22	6.31	$11,709
Jan 2005	7	2,200	43.16	6.32	$14,211
Dec 2004	7	2,764	39.86	6.75	$18,939
Nov 2004	7	2,195	45.28	6.33	$14,212
Oct 2004	14	3,615	49.70	6.52	$24,248
Sep 2004	19	2,656	43.24	5.28	$14,856
Aug 2004	19	2,108	42.37	5.55	$12,506
Jul 2004	30	3,299	38.28	6.08	$21,220
Jun 2004	37	3,603	36.10	6.43	$24,514
May 2004	21	2,556	37.48	6.49	$17,387
Apr 2004	19	1,851	34.47	5.86	$11,499
Mar 2004	46	4,990	34.36	5.53	$29,176
Feb 2004	47	4,373	32.45	5.51	$25,619
Jan 2004	27	2,204	32.03	6.30	$14,749
Dec 2003	25	2,480	30.26	6.30	$16,385
Nov 2003	38	3,256	28.80	4.60	$16,056
Oct 2003	57	5,729	28.17	4.76	$28,874
Sep 2003	46	3,422	26.31	4.75	$17,463
Aug 2003	66	6,534	29.76	5.13	$35,482
Jul 2003	86	7,313	29.41	5.17	$40,344
Jun 2003	63	5,124	28.56	5.98	$32,456
May 2003	98	8,050	26.59	5.97	$50,686
Apr 2003	123	8,127	26.67	5.41	$47,225
Mar 2003	195	15,539	31.14	6.10	$100,799
Feb 2003	261	19,102	33.48	7.93	$160,138
Jan 2003	227	17,601	30.31	5.58	$105,130
Dec 2002	236	14,780	26.91	4.85	$78,089
Nov 2002	370	21,059	24.66	4.14	$96,244
Oct 2002	1,046	67,070	26.46	4.23	$311,324
Sep 2002	496	35,543	27.44	3.64	$142,816
Aug 2002	0	0	25.96	3.16	$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             4 bbl  × $ 46.77 =       $187
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                     $187

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/191512 is the state's own key, not one this site invented.