VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Jan 2003 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 193820District 04Field 999305002 tax incentive programmesCondensateGasSave Export

Value, all time

$5.1 M

Jan 2003 – Mar 2017

Value, last 12 filed months

at the published price for each month

Months reported

171

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	150970
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	11,410 bbl	$400,192
Gas	Production	783,369 Mcf	$4,737,241
Total			$5,137,433

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 27.2989, -99.0740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29894, -99.07400 · 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

9,922 ft

1 wells filed one

Completion to plug

2.5 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 9,922 ft.

Completions filed

Sep 2014

1 of 1 wells

Plug dates filed

Mar 2017

1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938178	7	9,922 ft	Sep 2014	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 (171)

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

171 months


Mar 2017	0	0	46.77	2.98	$0
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	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	97	48.15	2.95	$286
Jun 2015	0	19	56.15	2.88	$55
May 2015	0	204	55.21	2.96	$603
Apr 2015	0	250	49.82	2.71	$677
Mar 2015	0	246	42.89	2.93	$722
Feb 2015	0	343	44.66	2.98	$1,021
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	32	97.40	6.19	$198
Jan 2014	0	358	90.40	4.86	$1,740
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	129	97.42	3.78	$488
Sep 2013	0	305	104.11	3.72	$1,134
Aug 2013	0	249	104.25	3.52	$877
Jul 2013	0	247	102.52	3.72	$918
Jun 2013	0	268	94.40	3.93	$1,054
May 2013	0	174	94.83	4.15	$722
Apr 2013	0	145	93.96	4.28	$621
Mar 2013	0	197	93.62	3.91	$771
Feb 2013	0	228	91.23	3.42	$780
Jan 2013	0	245	91.60	3.42	$838
Dec 2012	0	354	86.77	3.42	$1,211
Nov 2012	0	279	86.95	3.62	$1,011
Oct 2012	0	337	89.38	3.40	$1,146
Sep 2012	0	208	94.67	2.92	$607
Aug 2012	0	309	92.66	2.91	$899
Jul 2012	0	351	85.13	3.02	$1,060
Jun 2012	0	464	79.82	2.52	$1,169
May 2012	0	479	91.61	2.49	$1,192
Apr 2012	0	315	101.65	2.00	$629
Mar 2012	0	459	105.05	2.22	$1,020
Feb 2012	0	288	101.10	2.57	$740
Jan 2012	0	497	98.09	2.73	$1,359
Dec 2011	0	390	96.87	3.24	$1,264
Nov 2011	0	411	95.72	3.31	$1,361
Oct 2011	17	443	84.98	3.65	$3,061
Sep 2011	9	458	83.62	3.99	$2,578
Aug 2011	33	322	83.40	4.15	$4,088
Jul 2011	0	634	94.14	4.52	$2,864
Jun 2011	15	694	92.90	4.64	$4,614
May 2011	27	668	98.13	4.40	$5,592
Apr 2011	10	567	105.96	4.33	$3,517
Mar 2011	9	652	96.36	4.06	$3,513
Feb 2011	0	476	85.64	4.18	$1,990
Jan 2011	10	496	86.50	4.59	$3,141
Dec 2010	5	615	85.73	4.35	$3,103
Nov 2010	12	543	80.84	3.80	$3,031
Oct 2010	20	657	78.10	3.51	$3,867
Sep 2010	10	644	72.63	3.98	$3,289
Aug 2010	57	862	73.68	4.42	$8,009
Jul 2010	0	862	72.55	4.74	$4,083
Jun 2010	0	666	70.36	4.91	$3,270
May 2010	10	953	71.12	4.24	$4,747
Apr 2010	15	924	81.69	4.12	$5,035
Mar 2010	17	725	78.39	4.39	$4,514
Feb 2010	9	798	73.58	5.44	$5,005
Jan 2010	14	957	74.36	5.96	$6,749
Dec 2009	15	858	71.44	5.48	$5,777
Nov 2009	4	803	74.59	3.75	$3,311
Oct 2009	10	834	72.54	4.11	$4,153
Sep 2009	5	990	65.54	3.06	$3,362
Aug 2009	9	974	67.42	3.22	$3,742
Jul 2009	14	1,001	61.13	3.46	$4,324
Jun 2009	10	1,059	66.16	3.90	$4,786
May 2009	9	1,260	54.74	3.93	$5,439
Apr 2009	11	1,091	46.77	3.59	$4,428
Mar 2009	3	1,076	42.14	4.06	$4,494
Feb 2009	12	1,012	32.81	4.63	$5,082
Jan 2009	10	1,208	35.86	5.37	$6,847
Dec 2008	10	1,079	37.10	5.98	$6,820
Nov 2008	8	954	55.49	6.86	$6,989
Oct 2008	5	972	75.24	6.92	$7,104
Sep 2008	9	1,085	101.76	7.88	$9,462
Aug 2008	6	1,260	114.22	8.48	$11,374
Jul 2008	13	1,581	131.08	11.39	$19,711
Jun 2008	15	1,592	131.33	13.03	$22,718
May 2008	13	1,708	123.17	11.57	$21,370
Apr 2008	14	1,549	110.31	10.45	$17,739
Mar 2008	18	1,496	101.90	9.66	$16,292
Feb 2008	24	1,298	92.53	8.77	$13,605
Jan 2008	29	1,509	90.38	8.21	$15,003
Dec 2007	35	1,365	88.33	7.30	$13,059
Nov 2007	12	964	91.67	7.29	$8,129
Oct 2007	9	766	82.85	6.92	$6,048
Sep 2007	11	795	75.84	6.24	$5,798
Aug 2007	11	981	69.06	6.39	$7,026
Jul 2007	24	1,007	70.90	6.39	$8,134
Jun 2007	7	1,546	62.00	7.55	$12,104
May 2007	7	1,406	58.74	7.85	$11,443
Apr 2007	5	1,152	59.61	7.81	$9,290
Mar 2007	4	1,074	56.92	7.30	$8,070
Feb 2007	2	715	55.10	8.22	$5,985
Jan 2007	2	521	50.30	6.73	$3,605
Dec 2006	4	868	56.65	6.92	$6,232
Nov 2006	5	1,463	54.20	7.62	$11,415
Oct 2006	9	1,408	54.90	6.01	$8,962
Sep 2006	14	1,014	60.08	5.04	$5,949
Aug 2006	28	1,644	68.71	7.34	$13,991
Jul 2006	40	2,381	69.37	6.34	$17,877
Jun 2006	26	2,697	66.28	6.38	$18,941
May 2006	35	3,060	66.01	6.42	$21,971
Apr 2006	24	2,820	64.39	7.36	$22,302
Mar 2006	32	2,908	56.70	7.08	$22,412
Feb 2006	13	2,151	57.59	7.75	$17,421
Jan 2006	21	2,033	60.59	8.93	$19,434
Dec 2005	24	2,161	54.94	13.42	$30,309
Nov 2005	22	2,883	54.69	10.59	$31,730
Oct 2005	34	3,137	58.34	13.80	$45,261
Sep 2005	34	3,567	61.45	12.08	$45,175
Aug 2005	27	2,723	61.51	9.80	$28,338
Jul 2005	40	3,367	55.69	7.84	$28,637
Jun 2005	39	4,361	52.33	7.38	$34,230
May 2005	55	4,647	45.22	6.65	$33,395
Apr 2005	60	4,761	49.20	7.36	$37,995
Mar 2005	47	4,592	50.37	7.15	$35,223
Feb 2005	53	3,544	45.22	6.31	$24,766
Jan 2005	67	4,318	43.16	6.32	$30,191
Dec 2004	72	4,535	39.86	6.75	$33,486
Nov 2004	71	4,802	45.28	6.33	$33,614
Oct 2004	106	7,649	49.70	6.52	$55,102
Sep 2004	80	7,234	43.24	5.28	$41,683
Aug 2004	91	7,989	42.37	5.55	$48,200
Jul 2004	102	8,078	38.28	6.08	$53,053
Jun 2004	141	9,065	36.10	6.43	$63,405
May 2004	148	11,744	37.48	6.49	$81,819
Apr 2004	151	13,027	34.47	5.86	$81,523
Mar 2004	198	15,092	34.36	5.53	$90,264
Feb 2004	201	11,524	32.45	5.51	$70,015
Jan 2004	223	12,673	32.03	6.30	$86,978
Dec 2003	242	14,956	30.26	6.30	$101,570
Nov 2003	398	25,997	28.80	4.60	$130,923
Oct 2003	488	33,990	28.17	4.76	$175,527
Sep 2003	330	23,647	26.31	4.75	$120,990
Aug 2003	340	23,735	29.76	5.13	$131,872
Jul 2003	661	36,436	29.41	5.17	$207,845
Jun 2003	761	50,698	28.56	5.98	$325,058
May 2003	1,103	69,431	26.59	5.97	$444,018
Apr 2003	1,548	84,298	26.67	5.41	$497,108
Mar 2003	1,790	125,462	31.14	6.10	$820,562
Feb 2003	708	48,765	33.48	7.93	$410,209
Jan 2003	0	0	30.31	5.58	$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.

Jul 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 48.15 =         $0
Gas                   97 Mcf  × $  2.95 =       $286

────────────────────────────────────────────────────
Month total                                     $286

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/193820 is the state's own key, not one this site invented.