VERGARA-RAYZOR GU

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 198123District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.6 M
Aug 2003 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
274
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 Gas112004-06-16155949
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
CondensateDisposition24,721 bbl$1,231,535
GasProduction3,114,327 Mcf$17,352,332
Total$18,583,867

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 27.6067, -99.0891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60669, -99.08906 · 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
9,800 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 9,800 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-47938399109,800 ftAug 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 (274)

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

274 months

May 2026183,410106.413.05$12,302
Apr 2026672,99398.932.87$15,217
Mar 2026263,27789.753.15$12,654
Feb 2026352,70463.503.75$12,363
Jan 2026753,17059.138.00$29,788
Dec 2025603,26556.664.41$17,809
Nov 2025203,19358.593.93$13,709
Oct 2025203,30359.383.30$12,103
Sep 2025603,16362.743.08$13,497
Aug 2025193,15863.933.01$10,735
Jul 2025583,20666.743.32$14,499
Jun 2025373,06166.483.13$12,037
May 2025603,24060.553.23$14,106
Apr 2025203,02662.363.54$11,969
Mar 2025593,13867.704.27$17,388
Feb 2025762,93370.884.34$18,119
Jan 2025573,05074.324.28$17,286
Dec 2024193,06468.993.12$10,875
Nov 2024602,87769.052.20$10,468
Oct 2024604,04771.372.28$13,515
Sep 2024574,40169.612.36$14,373
Aug 2024373,06275.632.06$9,117
Jul 2024193,06179.932.15$8,089
Jun 2024312,95378.082.63$10,199
May 2024462,92078.812.20$10,045
Apr 2024182,91784.451.66$6,360
Mar 2024512,97180.301.55$8,686
Feb 2024542,81076.091.78$9,121
Jan 202403,08473.023.30$10,170
Dec 2023232,91971.262.61$9,260
Nov 2023152,95477.892.81$9,462
Oct 2023233,11885.443.09$11,591
Sep 2023162,95789.042.74$9,512
Aug 202382,98080.522.67$8,609
Jul 2023152,82974.852.64$8,596
Jun 202352,79868.962.26$6,664
May 2023162,95870.622.23$7,719
Apr 2023462,64078.122.24$9,501
Mar 202302,55472.852.39$6,112
Feb 2023392,79875.112.47$9,828
Jan 2023333,11076.533.39$13,061
Dec 202203,02176.415.73$17,308
Nov 2022383,00785.005.65$20,208
Oct 2022253,06087.185.86$20,123
Sep 2022633,18484.888.16$31,341
Aug 2022383,30294.529.13$33,730
Jul 202203,331101.587.54$25,123
Jun 202203,390115.097.98$27,043
May 2022533,778109.378.43$37,657
Apr 2022223,825104.226.84$28,447
Mar 2022353,674108.885.08$22,461
Feb 202203,61691.054.86$17,570
Jan 2022423,94681.844.54$21,343
Dec 2021324,12571.323.90$18,366
Nov 2021493,39877.435.24$21,589
Oct 2021643,71379.795.71$26,322
Sep 2021303,98669.865.35$23,425
Aug 2021214,09066.024.22$18,649
Jul 2021274,14870.783.98$18,429
Jun 202104,33069.493.38$14,638
May 2021744,08763.483.02$17,031
Apr 2021214,25360.362.76$12,999
Mar 2021314,45561.302.72$14,004
Feb 2021203,40957.805.55$20,069
Jan 2021314,35450.412.81$13,799
Dec 2020254,49144.642.68$13,131
Nov 202034,14138.772.71$11,324
Oct 202064,50636.972.48$11,390
Sep 202074,52037.091.99$9,259
Aug 2020114,07639.982.39$10,161
Jul 2020354,37238.371.83$9,322
Jun 2020334,16934.901.69$8,199
May 202004,06716.921.81$7,381
Apr 2020563,97614.751.80$8,000
Mar 2020354,08330.341.86$8,641
Feb 2020243,66849.881.98$8,462
Jan 20201444,08057.252.09$16,791
Dec 2019303,58259.012.30$10,025
Nov 2019243,97155.302.75$12,250
Oct 2019373,86453.472.42$11,324
Sep 2019173,63455.052.66$10,592
Aug 201964,39053.112.30$10,435
Jul 2019454,37656.272.46$13,297
Jun 2019213,80252.782.49$10,580
May 2019643,91658.482.74$14,474
Apr 2019423,32062.632.75$11,763
Mar 2019542,95756.803.06$12,122
Feb 2019122,58450.852.79$7,825
Jan 2019133,03546.033.23$10,396
Dec 201893,35846.594.19$14,474
Nov 2018113,20352.934.24$14,154
Oct 2018273,47161.443.40$13,454
Sep 201884,03259.543.11$13,008
Aug 2018134,28859.403.07$13,922
Jul 2018344,36265.142.93$15,004
Jun 2018244,21860.183.08$14,423
May 2018314,62865.382.90$15,452
Apr 2018314,91063.842.90$16,222
Mar 2018305,12961.222.79$16,130
Feb 2018594,68261.782.77$16,596
Jan 2018254,96762.874.01$21,486
Dec 2017854,53457.272.92$18,114
Nov 201704,95055.423.12$15,436
Oct 2017334,84649.292.98$16,085
Sep 2017244,19047.523.09$14,076
Aug 2017235,35545.373.00$17,132
Jul 2017195,22443.873.09$16,961
Jun 2017204,49442.493.09$14,724
May 2017504,78745.373.26$17,890
Apr 2017174,22747.933.21$14,390
Mar 2017354,50446.772.98$15,075
Feb 2017394,23350.452.95$14,466
Jan 2017194,42249.413.42$16,057
Dec 2016204,73848.763.72$18,614
Nov 2016235,42242.492.64$15,315
Oct 201604,56346.193.09$14,101
Sep 2016544,61141.553.10$16,541
Aug 2016264,92741.442.92$15,486
Jul 2016234,83241.622.92$15,088
Jun 2016214,72645.352.69$13,646
May 2016175,13442.521.99$10,945
Apr 2016105,05336.561.99$10,426
Mar 2016284,97533.011.79$9,849
Feb 201604,94526.472.06$10,205
Jan 2016185,65827.352.36$13,870
Dec 2015255,56232.362.00$11,941
Nov 2015245,53638.792.17$12,929
Oct 2015235,86743.552.43$15,238
Sep 2015236,00042.992.76$17,539
Aug 2015265,96540.162.87$18,179
Jul 2015275,51048.152.95$17,527
Jun 2015185,62156.152.88$17,215
May 2015275,98255.212.96$19,170
Apr 2015315,75049.822.71$17,107
Mar 201506,34042.892.93$18,606
Feb 201506,12244.662.98$18,220
Jan 201506,53943.433.10$20,275
Dec 201406,86654.693.59$24,658
Nov 201406,04170.464.25$25,685
Oct 201405,29878.303.90$20,667
Sep 201405,78986.164.05$23,419
Aug 201406,12589.394.04$24,715
Jul 201406,79896.564.18$28,413
Jun 201407,06198.164.74$33,447
May 201407,36594.734.73$34,811
Apr 201407,05595.944.81$33,928
Mar 201406,97695.895.06$35,276
Feb 201406,46397.406.19$40,019
Jan 201407,26790.404.86$35,323
Dec 201307,27291.824.35$31,666
Nov 201306,09388.853.74$22,777
Oct 201306,45797.423.78$24,403
Sep 201306,159104.113.72$22,898
Aug 201306,498104.253.52$22,890
Jul 201306,775102.523.72$25,188
Jun 201306,53994.403.93$25,721
May 201307,04394.834.15$29,222
Apr 201306,69893.964.28$28,685
Mar 2013167,08893.623.91$29,232
Feb 2013927,13391.233.42$32,787
Jan 20131585,71991.603.42$34,031
Dec 20121726,67586.773.42$37,754
Nov 20122496,71386.953.62$45,985
Oct 2012847,54489.383.40$33,155
Sep 2012657,00094.672.92$26,582
Aug 201206,16392.662.91$17,923
Jul 201206,12185.133.02$18,490
Jun 201205,63479.822.52$14,192
May 201205,66691.612.49$14,099
Apr 2012235,658101.652.00$13,636
Mar 201206,105105.052.22$13,566
Feb 2012715,641101.102.57$21,677
Jan 2012545,99698.092.73$21,690
Dec 2011595,98596.873.24$25,105
Nov 2011626,67395.723.31$28,031
Oct 2011307,23984.983.65$28,961
Sep 2011585,37383.623.99$26,266
Aug 2011255,80683.404.15$26,176
Jul 2011515,82894.144.52$31,128
Jun 2011585,34892.904.64$30,202
May 2011285,53698.134.40$27,133
Apr 2011575,370105.964.33$29,309
Mar 2011535,85196.364.06$28,847
Feb 201105,98185.644.18$25,000
Jan 201106,62286.504.59$30,387
Dec 201007,31285.734.35$31,791
Nov 201007,26280.843.80$27,562
Oct 201007,83578.103.51$27,492
Sep 201037,14972.633.98$28,667
Aug 2010516,67273.684.42$33,244
Jul 2010287,49472.554.74$37,527
Jun 2010667,99270.364.91$43,888
May 2010598,81871.124.24$41,542
Apr 2010918,31181.694.12$41,697
Mar 2010498,58878.394.39$41,531
Feb 201008,60973.585.44$46,853
Jan 201007,98274.365.96$47,605
Dec 200908,20771.445.48$45,005
Nov 200907,71174.593.75$28,928
Oct 200907,68272.544.11$31,575
Sep 200907,87165.543.06$24,123
Aug 200908,86267.423.22$28,522
Jul 200908,63961.133.46$29,930
Jun 200908,24266.163.90$32,103
May 200909,59654.743.93$37,672
Apr 200909,31346.773.59$33,410
Mar 2009010,20342.144.06$41,414
Feb 200909,79032.814.63$45,357
Jan 2009011,58835.865.37$62,239
Dec 2008011,05037.105.98$66,047
Nov 200878,43155.496.86$58,228
Oct 2008738,73575.246.92$65,956
Sep 2008238,035101.767.88$65,633
Aug 2008457,723114.228.48$70,654
Jul 2008618,378131.0811.39$103,417
Jun 2008429,535131.3313.03$129,782
May 20088511,161123.1711.57$139,650
Apr 20088010,312110.3110.45$116,635
Mar 20087110,409101.909.66$107,828
Feb 20088010,78592.538.77$101,993
Jan 20086311,56090.388.21$100,552
Dec 20078311,63588.337.30$92,290
Nov 20077911,94291.677.29$94,319
Oct 20078111,86982.856.92$88,868
Sep 20072411,78775.846.24$75,420
Aug 2007599,61169.066.39$65,469
Jul 20076311,12370.906.39$75,520
Jun 20078911,48462.007.55$92,204
May 2007488,27958.747.85$67,779
Apr 2007908,96359.617.81$75,323
Mar 2007258,11956.927.30$60,708
Feb 2007527,87855.108.22$67,591
Jan 2007898,51050.306.73$61,722
Dec 2006268,53056.656.92$60,487
Nov 2006366,59254.207.62$52,166
Oct 20061015,88754.906.01$96,090
Sep 20062024,42960.085.04$124,255
Aug 20062127,04368.717.34$199,936
Jul 20062327,66569.376.34$177,068
Jun 20063128,42666.286.38$183,523
May 20062630,82266.016.42$199,748
Apr 20063333,23764.397.36$246,765
Mar 20065237,37056.707.08$267,637
Feb 200638832,18257.597.75$271,791
Jan 200631024,09860.598.93$234,058
Dec 200529828,53654.9413.42$399,194
Nov 200535126,73254.6910.59$302,245
Oct 200533425,42158.3413.80$370,188
Sep 200517516,67261.4512.08$212,135
Aug 200525622,30961.519.80$234,304
Jul 200523424,79255.697.84$207,491
Jun 200527829,30452.337.38$230,842
May 200524128,17745.226.65$198,308
Apr 200530633,13349.207.36$258,930
Mar 200540237,77550.377.15$290,524
Feb 200547833,91745.226.31$235,697
Jan 200548634,80443.166.32$241,014
Dec 200463237,78939.866.75$280,308
Nov 200465342,93145.286.33$301,339
Oct 200462948,12149.706.52$344,774
Sep 200453551,68243.245.28$296,216
Aug 200459556,40242.375.55$338,278
Jul 200486660,70938.286.08$402,515
Jun 200475863,32236.106.43$434,715
May 20041,21973,31537.486.49$521,838
Apr 200429819,69334.475.86$125,643
Mar 200445933,25934.365.53$199,698
Feb 200485149,79132.455.51$301,944
Jan 20042574,94632.036.30$472,934
Dec 200312198,17130.266.30$622,300
Nov 20031,124110,45228.804.60$539,916
Oct 20032,272168,06728.174.76$863,941
Sep 20031,094153,75226.314.75$759,007
Aug 200350343,39829.765.13$237,589

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            18 bbl  × $106.41 =     $1,915
Gas                3,410 Mcf  × $  3.05 =    $10,386

────────────────────────────────────────────────────
Month total                                  $12,302

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/198123 is the state's own key, not one this site invented.