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 191853District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Aug 2002 – Mar 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
260
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 Gas112003-06-10151374
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
CondensateDisposition40,830 bbl$1,373,071
GasProduction1,789,261 Mcf$9,675,126
Total$11,048,197

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 27.6112, -99.0722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61121, -99.07222 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,920 ft
1 wells filed one
Completion to plug
21.6 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 9,920 ft.

Completions filed
Aug 2002
1 of 1 wells
Plug dates filed
Mar 2024
1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47938138689,920 ftAug 2002Mar 2024Yes

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 (260)

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

260 months

Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20161046.193.09$46
Sep 2016161741.553.10$718
Aug 2016202041.442.92$887
Jul 2016111,26041.622.92$4,142
Jun 2016121,71845.352.69$5,158
May 2016142,03942.521.99$4,655
Apr 2016162,11636.561.99$4,798
Mar 2016112,29933.011.79$4,488
Feb 2016121,81626.472.06$4,065
Jan 201681,58327.352.36$3,962
Dec 2015122,21832.362.00$4,827
Nov 201501,50438.792.17$3,260
Oct 201562,48843.552.43$6,299
Sep 2015151,57742.992.76$4,995
Aug 2015111,65040.162.87$5,181
Jul 2015132,33548.152.95$7,503
Jun 2015131,81656.152.88$5,965
May 2015161,93155.212.96$6,590
Apr 2015162,18049.822.71$6,697
Mar 201502,57942.892.93$7,569
Feb 201502,10144.662.98$6,253
Jan 201502,41243.433.10$7,479
Dec 201402,57354.693.59$9,241
Nov 201402,75870.464.25$11,727
Oct 201402,16078.303.90$8,426
Sep 2014084386.164.05$3,410
Aug 2014017089.394.04$686
Jul 2014029296.564.18$1,220
Jun 201401,67998.164.74$7,953
May 2014262,45494.734.73$14,062
Apr 2014601,95095.944.81$15,134
Mar 2014111,79195.895.06$10,112
Feb 20141386597.406.19$6,622
Jan 2014192,19490.404.86$12,382
Dec 20131083191.824.35$4,537
Nov 2013191,50388.853.74$7,307
Oct 2013563697.423.78$2,891
Sep 201301,997104.113.72$7,424
Aug 201302,101104.253.52$7,401
Jul 201301,350102.523.72$5,019
Jun 201301,63694.403.93$6,435
May 201302,02494.834.15$8,398
Apr 201392,02793.964.28$9,526
Mar 2013372,00893.623.91$11,321
Feb 2013442,15391.233.42$11,377
Jan 2013462,54591.603.42$12,917
Dec 2012502,57886.773.42$13,156
Nov 2012652,58686.953.62$15,026
Oct 2012702,08789.383.40$13,352
Sep 2012562,74294.672.92$13,304
Aug 201202,55492.662.91$7,427
Jul 201202,75985.133.02$8,334
Jun 201202,71379.822.52$6,834
May 201202,90991.612.49$7,239
Apr 201202,773101.652.00$5,537
Mar 201202,812105.052.22$6,248
Feb 201202,519101.102.57$6,474
Jan 201202,83398.092.73$7,746
Dec 201102,26996.873.24$7,351
Nov 201102,00495.723.31$6,636
Oct 201102,59484.983.65$9,464
Sep 201102,61583.623.99$10,423
Aug 2011092083.404.15$3,817
Jul 201101,44794.144.52$6,536
Jun 201102,90192.904.64$13,460
May 201102,84398.134.40$12,523
Apr 201102,924105.964.33$12,671
Mar 201102,98196.364.06$12,095
Feb 201102,38185.644.18$9,953
Jan 201103,03786.504.59$13,936
Dec 201001,20285.734.35$5,226
Nov 201002,92680.843.80$11,105
Oct 201003,29878.103.51$11,572
Sep 201003,34272.633.98$13,299
Aug 201003,01873.684.42$13,338
Jul 201003,18472.554.74$15,081
Jun 201003,55270.364.91$17,442
May 201003,85271.124.24$16,314
Apr 201003,65681.694.12$15,073
Mar 201003,79178.394.39$16,637
Feb 201003,27773.585.44$17,835
Jan 201004,08074.365.96$24,333
Dec 200903,98871.445.48$21,869
Nov 200903,75374.593.75$14,079
Oct 200904,13872.544.11$17,008
Sep 2009334,23665.543.06$15,145
Aug 20091874,48267.423.22$27,033
Jul 20092704,62561.133.46$32,528
Jun 20092964,60466.163.90$37,516
May 20092184,52054.743.93$29,678
Apr 20092625,04146.773.59$30,338
Mar 20092025,80042.144.06$32,054
Feb 20094694032.814.63$5,864
Jan 2009484,44835.865.37$25,611
Dec 2008654,97037.105.98$32,118
Nov 2008574,84055.496.86$36,367
Oct 20081055,41975.246.92$45,410
Sep 2008525,431101.767.88$48,072
Aug 200805,991114.228.48$50,822
Jul 200806,703131.0811.39$76,343
Jun 200806,096131.3313.03$79,447
May 200806,131123.1711.57$70,962
Apr 2008436,439110.3110.45$72,062
Mar 20083876,032101.909.66$97,729
Feb 20081395,63092.538.77$62,240
Jan 20081587,46490.388.21$75,528
Dec 20071627,84388.337.30$71,579
Nov 20071747,24591.677.29$68,779
Oct 20071188,59682.856.92$69,278
Sep 20071128,81975.846.24$63,561
Aug 20071029,08669.066.39$65,085
Jul 2007938,68170.906.39$62,047
Jun 2007619,44062.007.55$75,039
May 2007718,14158.747.85$68,047
Apr 2007117859.617.81$1,449
Mar 2007335956.927.30$2,792
Feb 200718055.108.22$712
Jan 2007329050.306.73$2,102
Dec 200661,16356.656.92$8,386
Nov 2006344254.207.62$3,530
Oct 2006960854.906.01$4,150
Sep 2006604,23160.085.04$24,917
Aug 200615210,49368.717.34$87,462
Jul 200612811,14469.376.34$79,563
Jun 200616311,46966.286.38$84,020
May 200615812,77766.016.42$92,522
Apr 200612912,76864.397.36$102,285
Mar 20064416,10356.707.08$116,551
Feb 20064418,63757.597.75$146,992
Jan 20061820,36660.598.93$183,027
Dec 20052517,27054.9413.42$233,057
Nov 20052716,38054.6910.59$174,915
Oct 2005128,26158.3413.80$114,667
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 200518352.337.38$665
May 200521,79145.226.65$12,003
Apr 200509149.207.36$670
Mar 2005063250.377.15$4,522
Feb 200501,30045.226.31$8,206
Jan 2005088143.166.32$5,570
Dec 200407,99239.866.75$53,955
Nov 200403,57445.286.33$22,625
Oct 2004020,24149.706.52$131,872
Sep 20043821,52143.245.28$115,358
Aug 200419713,61242.375.55$83,902
Jul 200437828,13038.286.08$185,618
Jun 20043048,69636.106.43$66,916
May 20043910,87337.486.49$72,077
Apr 20043711,74134.475.86$70,060
Mar 20044812,07934.365.53$68,448
Feb 20043039,82432.455.51$63,959
Jan 20041,34330,25532.036.30$233,612
Dec 20031,59231,84330.266.30$248,837
Nov 20031,22135,91228.804.60$200,186
Oct 200371726,05528.174.76$144,210
Sep 200311321,42526.314.75$104,728
Aug 200315125,13629.765.13$133,434
Jul 200389533,86629.415.17$201,438
Jun 20031,00434,82728.565.98$237,043
May 20031,14642,05526.595.97$281,653
Apr 20031,77544,94126.675.41$290,348
Mar 200340212,81131.146.10$90,615
Feb 20031,71252,20133.487.93$471,057
Jan 20033,286107,10930.315.58$697,485
Dec 20024,040132,01626.914.85$749,490
Nov 20024,632127,15624.664.14$640,264
Oct 20024,451150,00426.464.23$752,158
Sep 20024,402153,09927.443.64$677,336
Aug 20021,39144,74025.963.16$177,675

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.

Oct 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 46.19 =        $46
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $46

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/191853 is the state's own key, not one this site invented.