VAQUILLAS RANCH E

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 196839District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.4 M
Jul 2003 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
275
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 Gas112003-12-09153763
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
CondensateDisposition20,058 bbl$952,791
GasProduction2,663,583 Mcf$15,401,764
Total$16,354,555

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 27.5873, -99.0321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58731, -99.03211 · 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
11,481 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 11,481 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-4793837621011,481 ftJul 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 (275)

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

275 months

May 202652,232106.413.05$7,330
Apr 202652,27798.932.87$7,029
Mar 202632,35089.753.15$7,670
Feb 202652,30163.503.75$8,947
Jan 202652,51659.138.00$20,418
Dec 202522,67556.664.41$11,919
Nov 202552,46358.593.93$9,964
Oct 202532,55459.383.30$8,619
Sep 202552,21162.743.08$7,117
Aug 202552,60963.933.01$8,185
Jul 2025132,73466.743.32$9,931
Jun 202572,67666.483.13$8,838
May 2025103,27960.553.23$11,204
Apr 202563,15462.363.54$11,549
Mar 202583,23867.704.27$14,362
Feb 202562,32370.884.34$10,509
Jan 202562,70974.324.28$12,037
Dec 202402,79868.993.12$8,734
Nov 202492,64769.052.20$6,441
Oct 202472,67171.372.28$6,593
Sep 2024192,75069.612.36$7,825
Aug 202432,87575.632.06$6,160
Jul 202492,84979.932.15$6,835
Jun 202462,81178.082.63$7,873
May 202472,99878.812.20$7,143
Apr 202482,84184.451.66$5,389
Mar 202452,91080.301.55$4,898
Feb 202422,39276.091.78$4,419
Jan 202442,61373.023.30$8,909
Dec 202322,96271.262.61$7,875
Nov 202352,79777.892.81$8,242
Oct 2023102,97985.443.09$10,051
Sep 202383,05189.042.74$9,057
Aug 202342,98880.522.67$8,309
Jul 202363,33974.852.64$9,270
Jun 202372,57468.962.26$6,296
May 202372,29970.622.23$5,615
Apr 202322,53178.122.24$5,820
Mar 202393,32572.852.39$8,613
Feb 202322,60275.112.47$6,566
Jan 2023102,27876.533.39$8,483
Dec 202202,64676.415.73$15,159
Nov 202222,20185.005.65$12,597
Oct 202272,51087.185.86$15,328
Sep 202252,38184.888.16$19,862
Aug 202262,66794.529.13$24,909
Jul 202272,576101.587.54$20,139
Jun 202242,637115.097.98$21,496
May 202272,651109.378.43$23,122
Apr 202252,393104.226.84$16,883
Mar 202262,797108.885.08$14,852
Feb 202242,50391.054.86$12,526
Jan 202263,01081.844.54$14,149
Dec 202123,13771.323.90$12,374
Nov 202133,14677.435.24$16,707
Oct 2021510179.795.71$976
Sep 2021713669.865.35$1,217
Aug 202162,60766.024.22$11,399
Jul 202102,86270.783.98$11,397
Jun 2021102,78169.493.38$10,096
May 202132,94963.483.02$9,090
Apr 202162,98060.362.76$8,582
Mar 202173,07161.302.72$8,773
Feb 202153,03657.805.55$17,133
Jan 202142,39350.412.81$6,927
Dec 202072,67944.642.68$7,480
Nov 2020112,74338.772.71$7,851
Oct 202052,96836.972.48$7,541
Sep 2020133,00237.091.99$6,459
Aug 202053,14939.982.39$7,711
Jul 2020103,63638.371.83$7,020
Jun 2020123,71134.901.69$6,692
May 202003,82216.921.81$6,936
Apr 202073,73114.751.80$6,835
Mar 2020143,41230.341.86$6,758
Feb 202003,23149.881.98$6,400
Jan 202053,47657.252.09$7,568
Dec 2019112,82359.012.30$7,154
Nov 201972,97555.302.75$8,570
Oct 201952,85953.472.42$7,182
Sep 201992,90155.052.66$8,204
Aug 201973,06853.112.30$7,442
Jul 201953,34156.272.46$8,500
Jun 201963,20752.782.49$8,306
May 201973,11958.482.74$8,956
Apr 2019113,37362.632.75$9,967
Mar 2019133,64156.803.06$11,888
Feb 2019123,46850.852.79$10,294
Jan 201963,00046.033.23$9,961
Dec 2018132,98146.594.19$13,082
Nov 2018273,04952.934.24$14,348
Oct 201803,51961.443.40$11,958
Sep 201803,52959.543.11$10,968
Aug 201883,05459.403.07$9,840
Jul 2018192,92265.142.93$9,805
Jun 201872,76160.183.08$8,917
May 201893,08465.382.90$9,534
Apr 2018183,30563.842.90$10,736
Mar 2018203,63061.222.79$11,341
Feb 201803,16761.782.77$8,760
Jan 2018203,70962.874.01$16,128
Dec 2017323,84157.272.92$13,054
Nov 201703,70855.423.12$11,563
Oct 2017103,75749.292.98$11,703
Sep 201784,10447.523.09$13,050
Aug 201773,87845.373.00$11,969
Jul 201763,83743.873.09$12,109
Jun 2017123,63342.493.09$11,726
May 201754,15845.373.26$13,796
Apr 2017104,30947.933.21$14,318
Mar 2017143,78346.772.98$11,942
Feb 2017153,37750.452.95$10,728
Jan 201783,84049.413.42$13,523
Dec 2016164,00048.763.72$15,671
Nov 2016234,35142.492.64$12,483
Oct 201684,07246.193.09$12,953
Sep 201663,41241.553.10$10,829
Aug 201624,03941.442.92$11,894
Jul 201673,92741.622.92$11,775
Jun 2016133,84545.352.69$10,917
May 201623,90942.521.99$7,868
Apr 201663,86636.561.99$7,917
Mar 201604,23133.011.79$7,590
Feb 201613,95626.472.06$8,190
Jan 201604,63627.352.36$10,961
Dec 201503,39332.362.00$6,791
Nov 201504,02238.792.17$8,717
Oct 201545,48843.552.43$13,491
Sep 201503,49142.992.76$9,630
Aug 201533,81240.162.87$11,070
Jul 201543,80848.152.95$11,407
Jun 201504,37556.152.88$12,613
May 201514,65455.212.96$13,810
Apr 201504,56949.822.71$12,366
Mar 201504,73042.892.93$13,881
Feb 201504,79144.662.98$14,259
Jan 201515,39643.433.10$16,774
Dec 201404,65954.693.59$16,732
Nov 201454,69770.464.25$20,323
Oct 201444,90078.303.90$19,428
Sep 201435,00786.164.05$20,514
Aug 201404,73789.394.04$19,114
Jul 201404,27496.564.18$17,864
Jun 201404,34098.164.74$20,558
May 201404,40494.734.73$20,816
Apr 201404,60995.944.81$22,165
Mar 201404,88195.895.06$24,682
Feb 201434,39697.406.19$27,512
Jan 201484,56590.404.86$22,912
Dec 2013235,15291.824.35$24,546
Nov 2013264,54588.853.74$19,301
Oct 2013505,05297.423.78$23,964
Sep 2013325,123104.113.72$22,378
Aug 2013395,613104.253.52$23,838
Jul 2013445,222102.523.72$23,925
Jun 201305,10694.403.93$20,084
May 20131105,02194.834.15$31,264
Apr 2013585,05593.964.28$27,098
Mar 2013395,41093.623.91$24,820
Feb 20131075,17391.233.42$27,453
Jan 2013315,24491.603.42$20,774
Dec 2012664,88586.773.42$22,434
Nov 2012325,47886.953.62$22,640
Oct 2012724,78889.383.40$22,713
Sep 201204,22694.672.92$12,333
Aug 2012394,35492.662.91$16,276
Jul 2012773,73885.133.02$17,847
Jun 2012432,79979.822.52$10,483
May 2012733,86191.612.49$16,295
Apr 201205,939101.652.00$11,859
Mar 201205,649105.052.22$12,553
Feb 201204,868101.102.57$12,512
Jan 201204,94498.092.73$13,517
Dec 201105,29996.873.24$17,167
Nov 201105,73895.723.31$19,000
Oct 201106,27284.983.65$22,884
Sep 201105,73983.623.99$22,875
Aug 201106,21283.404.15$25,776
Jul 201106,29894.144.52$28,450
Jun 201105,78492.904.64$26,837
May 201106,38598.134.40$28,125
Apr 201105,858105.964.33$25,384
Mar 201104,97296.364.06$20,173
Feb 201106,41585.644.18$26,815
Jan 201107,94386.504.59$36,449
Dec 201008,42685.734.35$36,634
Nov 201008,25480.843.80$31,327
Oct 201008,12078.103.51$28,492
Sep 201008,18372.633.98$32,564
Aug 201008,61673.684.42$38,077
Jul 201008,66872.554.74$41,056
Jun 201008,15870.364.91$40,059
May 201008,24771.124.24$34,928
Apr 201007,73081.694.12$31,868
Mar 201009,60378.394.39$42,144
Feb 201009,50773.585.44$51,741
Jan 2010010,57074.365.96$63,040
Dec 200906971.445.48$378
Nov 200912,88074.593.75$10,879
Oct 2009289,04472.544.11$39,204
Sep 2009339,54965.543.06$31,428
Aug 200908,12067.423.22$26,134
Jul 2009157,21161.133.46$25,899
Jun 2009318,26766.163.90$34,251
May 2009248,64554.743.93$35,252
Apr 2009228,71046.773.59$32,276
Mar 2009129,69442.144.06$39,854
Feb 2009129,35532.814.63$43,735
Jan 20091310,92035.865.37$59,118
Dec 20081311,92337.105.98$71,748
Nov 20083011,21155.496.86$78,576
Oct 20082112,65075.246.92$89,143
Sep 20082211,267101.767.88$90,990
Aug 2008712,038114.228.48$102,918
Jul 20082412,083131.0811.39$140,764
Jun 2008812,288131.3313.03$161,196
May 20081913,090123.1711.57$153,848
Apr 20083513,133110.3110.45$141,165
Mar 20086013,540101.909.66$136,966
Feb 20086513,71092.538.77$126,259
Jan 20086615,08290.388.21$129,724
Dec 20076616,16088.337.30$123,830
Nov 20075716,65591.677.29$126,668
Oct 20078315,78782.856.92$116,154
Sep 200712217,27475.846.24$117,114
Aug 200711116,70769.066.39$114,389
Jul 200714015,33570.906.39$107,885
Jun 200710816,51562.007.55$131,359
May 200715517,76058.747.85$148,455
Apr 200712317,37159.617.81$142,916
Mar 2007018,51656.927.30$135,203
Feb 2007017,83555.108.22$146,532
Jan 2007015,64250.306.73$105,221
Dec 2006019,65556.656.92$135,982
Nov 2006019,66654.207.62$149,805
Oct 20062520,76654.906.01$126,255
Sep 20067719,96360.085.04$105,184
Aug 20068722,08168.717.34$168,051
Jul 200611023,56769.376.34$157,111
Jun 200611122,80066.286.38$152,910
May 200610725,14166.016.42$168,594
Apr 200614827,67864.397.36$213,253
Mar 200638631,82556.707.08$247,300
Feb 200617934,14657.597.75$274,978
Jan 200675323,94360.598.93$259,515
Dec 200580728,94154.9413.42$432,592
Nov 200553317,06654.6910.59$209,851
Oct 200559722,18758.3413.80$340,916
Sep 200544917,50561.4512.08$239,034
Aug 200540323,09761.519.80$251,066
Jul 200537923,52255.697.84$205,605
Jun 200541220,96952.337.38$176,333
May 200538722,68845.226.65$168,402
Apr 200541027,84549.207.36$225,125
Mar 2005934,97950.377.15$250,724
Feb 20052127,07245.226.31$171,826
Jan 20052929,07143.166.32$185,044
Dec 2004729,87039.866.75$201,934
Nov 2004427,83845.286.33$176,407
Oct 20046930,99849.706.52$205,384
Sep 200478133,42543.245.28$210,385
Aug 200460337,27342.375.55$232,439
Jul 200467139,79338.286.08$267,794
Jun 200462041,59836.106.43$289,983
May 200412142,55237.486.49$280,892
Apr 20044442,18734.475.86$248,668
Mar 20045747,30734.365.53$263,573
Feb 20045144,45632.455.51$246,591
Jan 20041149,85232.036.30$314,402
Dec 20037849,87930.266.30$316,680
Nov 200390546,73028.804.60$240,796
Oct 20031,16259,06328.174.76$313,852
Sep 20031,08954,66326.314.75$288,266
Aug 20031,87679,66329.765.13$464,479
Jul 20032,06090,12129.415.17$526,586

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             5 bbl  × $106.41 =       $532
Gas                2,232 Mcf  × $  3.05 =     $6,798

────────────────────────────────────────────────────
Month total                                   $7,330

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/196839 is the state's own key, not one this site invented.