VAQUILLAS RANCH CO. S.G.U.

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 195181District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Apr 2003 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
278
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 Gas112003-09-17152485
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
CondensateDisposition16,816 bbl$680,601
GasProduction1,409,229 Mcf$7,794,311
Total$8,474,912

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 27.6311, -99.0753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63114, -99.07532 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,166 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,166 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-479383251210,166 ftApr 2003

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 (278)

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

278 months

May 202671,362106.413.05$4,893
Apr 2026101,29298.932.87$4,697
Mar 2026181,31789.753.15$5,763
Feb 202601,25963.503.75$4,722
Jan 2026111,37959.138.00$11,680
Dec 2025141,35356.664.41$6,765
Nov 2025111,24958.593.93$5,549
Oct 2025141,26259.383.30$5,002
Sep 202581,28662.743.08$4,459
Aug 2025141,37263.933.01$5,031
Jul 202571,34066.743.32$4,910
Jun 2025161,28266.483.13$5,075
May 202531,13560.553.23$3,850
Apr 2025161,28362.363.54$5,544
Mar 202541,48567.704.27$6,609
Feb 2025121,29970.884.34$6,489
Jan 202571,33274.324.28$6,219
Dec 2024161,33168.993.12$5,258
Nov 202481,37669.052.20$3,577
Oct 2024131,43771.372.28$4,206
Sep 2024121,39569.612.36$4,134
Aug 2024191,40175.632.06$4,328
Jul 202441,23879.932.15$2,977
Jun 2024121,25278.082.63$4,235
May 202461,35678.812.20$3,454
Apr 202451,30784.451.66$2,591
Mar 202471,34180.301.55$2,634
Feb 202481,14076.091.78$2,642
Jan 202491,27773.023.30$4,868
Dec 202331,26271.262.61$3,509
Nov 2023111,22477.892.81$4,293
Oct 2023161,24285.443.09$5,201
Sep 202381,24089.042.74$4,104
Aug 2023111,21280.522.67$4,125
Jul 2023111,32074.852.64$4,311
Jun 2023141,30668.962.26$3,915
May 202371,32370.622.23$3,441
Apr 202391,31078.122.24$3,635
Mar 2023121,35072.852.39$4,105
Feb 202361,23875.112.47$3,503
Jan 202351,25876.533.39$4,644
Dec 202281,28376.415.73$7,962
Nov 2022101,21885.005.65$7,727
Oct 202261,27387.185.86$7,988
Sep 2022131,26184.888.16$11,398
Aug 2022131,25194.529.13$12,647
Jul 2022131,170101.587.54$10,145
Jun 202271,188115.097.98$10,283
May 2022111,202109.378.43$11,340
Apr 2022151,318104.226.84$10,575
Mar 2022141,649108.885.08$9,895
Feb 2022111,47491.054.86$8,163
Jan 2022111,65181.844.54$8,392
Dec 2021111,66471.323.90$7,273
Nov 2021181,64477.435.24$10,003
Oct 2021111,69079.795.71$10,534
Sep 2021171,51869.865.35$9,310
Aug 2021221,69266.024.22$8,594
Jul 2021131,66070.783.98$7,530
Jun 2021171,69069.493.38$6,895
May 2021131,84863.483.02$6,402
Apr 2021101,77960.362.76$5,511
Mar 2021141,79361.302.72$5,730
Feb 202171,54757.805.55$8,987
Jan 2021171,81050.412.81$5,944
Dec 2020182,03244.642.68$6,240
Nov 2020121,66038.772.71$4,958
Oct 2020131,55436.972.48$4,332
Sep 2020161,69737.091.99$3,972
Aug 2020231,28739.982.39$3,989
Jul 2020211,58838.371.83$3,704
Jun 2020221,94834.901.69$4,061
May 202082,42816.921.81$4,542
Apr 2020182,29014.751.80$4,398
Mar 2020142,46330.341.86$4,997
Feb 2020132,14149.881.98$4,889
Jan 2020202,38657.252.09$6,143
Dec 2019171,98359.012.30$5,573
Nov 2019232,34855.302.75$7,731
Oct 2019262,10453.472.42$6,479
Sep 2019202,33555.052.66$7,306
Aug 2019192,43453.112.30$6,618
Jul 2019212,70256.272.46$7,829
Jun 2019192,55652.782.49$7,370
May 2019102,72458.482.74$8,049
Apr 2019202,09062.632.75$7,002
Mar 2019131,61556.803.06$5,684
Feb 2019152,14350.852.79$6,746
Jan 2019252,63346.033.23$9,651
Dec 2018182,30546.594.19$10,486
Nov 2018152,45052.934.24$11,175
Oct 2018182,42761.443.40$9,353
Sep 2018122,46859.543.11$8,385
Aug 2018162,68959.403.07$9,196
Jul 2018162,70365.142.93$8,967
Jun 2018112,75660.183.08$9,142
May 2018162,90565.382.90$9,473
Apr 2018212,97363.842.90$9,965
Mar 2018263,16161.222.79$10,401
Feb 2018212,90661.782.77$9,336
Jan 2018263,65762.874.01$16,297
Dec 2017213,34357.272.92$10,969
Nov 2017331,53255.423.12$6,606
Oct 2017371,45049.292.98$6,150
Sep 2017251,82947.523.09$6,835
Aug 2017252,46945.373.00$8,552
Jul 2017383,05043.873.09$11,083
Jun 2017252,96342.493.09$10,210
May 2017252,96245.373.26$10,800
Apr 2017261,75047.933.21$6,866
Mar 20173213546.772.98$1,899
Feb 2017191,05750.452.95$4,079
Jan 2017392,13249.413.42$9,216
Dec 2016242,43548.763.72$10,235
Nov 2016272,46142.492.64$7,655
Oct 201612,59946.193.09$8,078
Sep 2016162,22041.553.10$7,548
Aug 2016221,77841.442.92$6,111
Jul 2016192,00241.622.92$6,645
Jun 2016222,71445.352.69$8,287
May 2016222,95042.521.99$6,809
Apr 2016152,33936.561.99$5,205
Mar 2016112,44633.011.79$4,751
Feb 2016152,74526.472.06$6,062
Jan 2016102,24027.352.36$5,570
Dec 2015486732.362.00$1,865
Nov 201502,82338.792.17$6,118
Oct 201592,33343.552.43$6,053
Sep 2015221,98342.992.76$6,416
Aug 2015122,23040.162.87$6,888
Jul 2015162,02648.152.95$6,737
Jun 2015202,03556.152.88$6,990
May 2015202,18255.212.96$7,553
Apr 2015162,07749.822.71$6,419
Mar 201502,16642.892.93$6,357
Feb 201502,22644.662.98$6,625
Jan 201502,09243.433.10$6,487
Dec 201402,18154.693.59$7,833
Nov 201402,20070.464.25$9,354
Oct 201402,43878.303.90$9,511
Sep 201402,36386.164.05$9,559
Aug 201402,55089.394.04$10,290
Jul 201402,70396.564.18$11,297
Jun 201402,59198.164.74$12,273
May 201473,09594.734.73$15,292
Apr 2014253,19195.944.81$17,744
Mar 2014173,39595.895.06$18,798
Feb 2014252,87297.406.19$20,218
Jan 2014233,60790.404.86$19,612
Dec 2013243,47791.824.35$17,344
Nov 2013232,74988.853.74$12,320
Oct 2013162,80397.423.78$12,152
Sep 201302,973104.113.72$11,053
Aug 201303,476104.253.52$12,245
Jul 201303,370102.523.72$12,529
Jun 201303,84594.403.93$15,124
May 2013531,54694.834.15$11,440
Apr 20131872,80893.964.28$29,596
Mar 2013632,26493.623.91$14,757
Feb 2013732,15491.233.42$14,026
Jan 2013802,93891.603.42$17,376
Dec 2012842,42286.773.42$15,572
Nov 20121373,27386.953.62$23,777
Oct 20121443,56789.383.40$24,997
Sep 201203,81294.672.92$11,125
Aug 201203,85092.662.91$11,196
Jul 201203,03385.133.02$9,162
Jun 201201,72379.822.52$4,340
May 201201,70991.612.49$4,253
Apr 201203,266101.652.00$6,522
Mar 201203,311105.052.22$7,357
Feb 201203,163101.102.57$8,130
Jan 201203,18798.092.73$8,714
Dec 201102,29496.873.24$7,432
Nov 201103,56695.723.31$11,808
Oct 201103,26284.983.65$11,902
Sep 201103,48583.623.99$13,891
Aug 201103,65583.404.15$15,166
Jul 201104,94294.144.52$22,324
Jun 201104,18892.904.64$19,432
May 201103,66798.134.40$16,152
Apr 201103,264105.964.33$14,144
Mar 201101,72196.364.06$6,983
Feb 201103,58585.644.18$14,985
Jan 201104,99186.504.59$22,903
Dec 201002,77285.734.35$12,052
Nov 201002,67280.843.80$10,141
Oct 201003,52878.103.51$12,379
Sep 201005,30872.633.98$21,123
Aug 201005,27773.684.42$23,321
Jul 201005,54172.554.74$26,245
Jun 201004,63770.364.91$22,770
May 201004,13571.124.24$17,513
Apr 201004,22981.694.12$17,435
Mar 201004,19878.394.39$18,424
Feb 201003,54573.585.44$19,293
Jan 201003,90374.365.96$23,278
Dec 200904,12371.445.48$22,610
Nov 200904,66574.593.75$17,501
Oct 200903,14172.544.11$12,910
Sep 200903,07065.543.06$9,409
Aug 200906,17867.423.22$19,884
Jul 200903,28561.133.46$11,381
Jun 200903,12766.163.90$12,180
May 200903,73754.743.93$14,671
Apr 200905,81346.773.59$20,854
Mar 200906,15442.144.06$24,979
Feb 200904,98832.814.63$23,109
Jan 200906,31535.865.37$33,918
Dec 200806,66537.105.98$39,838
Nov 200804,66455.496.86$31,997
Oct 200804,83775.246.92$33,482
Sep 200805,136101.767.88$40,457
Aug 200805,400114.228.48$45,808
Jul 200807,032131.0811.39$80,090
Jun 200802,998131.3313.03$39,072
May 200803,039123.1711.57$35,174
Apr 200804,797110.3110.45$50,152
Mar 200802,284101.909.66$22,073
Feb 200805,27892.538.77$46,291
Jan 200805,73190.388.21$47,027
Dec 200708,03888.337.30$58,693
Nov 200701,67891.677.29$12,235
Oct 200721,67982.856.92$11,788
Sep 2007252,65775.846.24$18,487
Aug 2007244,01569.066.39$27,305
Jul 2007315,63970.906.39$38,219
Jun 2007236,74662.007.55$52,348
May 2007316,68558.747.85$54,273
Apr 2007111,87559.617.81$15,290
Mar 2007335,17756.927.30$39,681
Feb 2007276,24155.108.22$52,764
Jan 2007335,78350.306.73$40,561
Dec 2006337,80656.656.92$55,875
Nov 2006317,05554.207.62$55,422
Oct 2006318,03854.906.01$50,041
Sep 2006347,99660.085.04$42,320
Aug 2006465,24868.717.34$41,681
Jul 2006232,81469.376.34$19,444
Jun 2006586,05966.286.38$42,524
May 2006749,27666.016.42$64,483
Apr 2006648,57964.397.36$67,267
Mar 20061319,59256.707.08$75,367
Feb 20061129,14257.597.75$77,311
Jan 20066410,56460.598.93$98,249
Dec 2005719,90354.9413.42$136,753
Nov 2005859,74954.6910.59$107,875
Oct 20057510,52058.3413.80$149,507
Sep 2005729,74761.4512.08$122,158
Aug 20057711,51761.519.80$117,566
Jul 20059812,47955.697.84$103,338
Jun 200516712,89152.337.38$103,888
May 200515313,66845.226.65$97,827
Apr 200519814,43349.207.36$115,975
Mar 2005217,71950.377.15$126,878
Feb 2005518,90745.226.31$119,566
Jan 20055112,24243.166.32$79,598
Dec 200427311,41939.866.75$87,972
Nov 20041474,60745.286.33$35,820
Oct 200427612,74849.706.52$96,772
Sep 200444012,99443.245.28$87,685
Aug 200445517,47342.375.55$116,265
Jul 20041635,43838.286.08$39,325
Jun 200417217,98536.106.43$121,907
May 20045011,07937.486.49$73,827
Apr 20045213,95234.475.86$83,530
Mar 20046413,57134.365.53$77,249
Feb 200420311,15332.455.51$68,036
Jan 2004817,83832.036.30$112,629
Dec 200315819,66930.266.30$128,728
Nov 200376920,69628.804.60$117,249
Oct 200366722,59728.174.76$126,343
Sep 200373822,32326.314.75$125,437
Aug 200388830,25729.765.13$181,637
Jul 20031,16051,67729.415.17$301,329
Jun 20031,89677,57128.565.98$518,254
May 20032,13796,28226.595.97$631,884
Apr 20031,10854,13826.675.41$322,290

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.

May 2026 — as filed, then multipliedworked
Condensate             7 bbl  × $106.41 =       $745
Gas                1,362 Mcf  × $  3.05 =     $4,148

────────────────────────────────────────────────────
Month total                                   $4,893

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/195181 is the state's own key, not one this site invented.