VAQUILLAS-BORREGO

Name: VAQUILLAS-BORREGO lease production and value, Nov 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 POK - A - DOT (8600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200020District 04Field 721635002 tax incentive programmesCondensateGasSave Export

Value, all time

$10.3 M

Nov 2003 – May 2017

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

163

no gaps in the span

Streams

condensate, gas

The POK - A - DOT (8600) 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 78 leases and 78 wells, and the rule below applies to all of them.

Discovered

1976-10-08

as the register files it

Field class

Gas

the register's own label

Between wells

0 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 2008-08-12.

The Commission's schedule remark for this field reads: “FORMULA TO REMAIN SUSPENDED.”

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	2004-12-29	159483
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	30,617 bbl	$1,404,486
Gas	Production	1,355,820 Mcf	$8,896,487
Total			$10,300,973

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 27.3257, -99.0664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32567, -99.06639 · 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

9,500 ft

1 wells filed one

Completion to plug

13.5 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 9,500 ft.

Completions filed

Nov 2003

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938512	12	9,500 ft	Nov 2003	May 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 (163)

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

163 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	32	0	46.77	2.98	$1,497
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	92	41.44	2.92	$269
Jul 2016	0	1,292	41.62	2.92	$3,778
Jun 2016	0	892	45.35	2.69	$2,396
May 2016	0	1,216	42.52	1.99	$2,421
Apr 2016	0	1,284	36.56	1.99	$2,557
Mar 2016	20	917	33.01	1.79	$2,305
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	568	27.35	2.36	$1,343
Dec 2015	0	1,328	32.36	2.00	$2,658
Nov 2015	26	1,306	38.79	2.17	$3,839
Oct 2015	26	1,844	43.55	2.43	$5,607
Sep 2015	0	1,710	42.99	2.76	$4,717
Aug 2015	0	1,028	40.16	2.87	$2,953
Jul 2015	0	1,555	48.15	2.95	$4,580
Jun 2015	25	1,259	56.15	2.88	$5,033
May 2015	23	1,218	55.21	2.96	$4,870
Apr 2015	0	1,544	49.82	2.71	$4,179
Mar 2015	0	1,138	42.89	2.93	$3,340
Feb 2015	0	1,546	44.66	2.98	$4,601
Jan 2015	29	1,356	43.43	3.10	$5,464
Dec 2014	0	1,522	54.69	3.59	$5,466
Nov 2014	0	2,026	70.46	4.25	$8,614
Oct 2014	0	1,243	78.30	3.90	$4,849
Sep 2014	0	1,920	86.16	4.05	$7,767
Aug 2014	0	215	89.39	4.04	$868
Jul 2014	24	679	96.56	4.18	$5,155
Jun 2014	29	1,441	98.16	4.74	$9,672
May 2014	0	1,193	94.73	4.73	$5,639
Apr 2014	38	1,549	95.94	4.81	$11,095
Mar 2014	11	1,848	95.89	5.06	$10,400
Feb 2014	25	1,119	97.40	6.19	$9,364
Jan 2014	22	1,440	90.40	4.86	$8,988
Dec 2013	28	1,525	91.82	4.35	$9,212
Nov 2013	23	1,735	88.85	3.74	$8,529
Oct 2013	28	1,482	97.42	3.78	$8,329
Sep 2013	26	1,722	104.11	3.72	$9,109
Aug 2013	33	1,965	104.25	3.52	$10,362
Jul 2013	10	2,397	102.52	3.72	$9,937
Jun 2013	0	1,851	94.40	3.93	$7,281
May 2013	21	1,154	94.83	4.15	$6,779
Apr 2013	19	1,534	93.96	4.28	$8,355
Mar 2013	44	2,000	93.62	3.91	$11,945
Feb 2013	38	2,132	91.23	3.42	$10,758
Jan 2013	30	1,951	91.60	3.42	$9,420
Dec 2012	15	2,192	86.77	3.42	$8,799
Nov 2012	39	1,498	86.95	3.62	$8,821
Oct 2012	40	2,304	89.38	3.40	$11,408
Sep 2012	15	2,695	94.67	2.92	$9,285
Aug 2012	16	2,229	92.66	2.91	$7,965
Jul 2012	16	2,027	85.13	3.02	$7,485
Jun 2012	35	2,168	79.82	2.52	$8,255
May 2012	13	2,725	91.61	2.49	$7,972
Apr 2012	49	2,474	101.65	2.00	$9,921
Mar 2012	16	2,588	105.05	2.22	$7,432
Feb 2012	25	2,356	101.10	2.57	$8,583
Jan 2012	13	2,894	98.09	2.73	$9,188
Dec 2011	21	1,853	96.87	3.24	$8,038
Nov 2011	30	2,975	95.72	3.31	$12,723
Oct 2011	0	2,352	84.98	3.65	$8,581
Sep 2011	0	2,610	83.62	3.99	$10,403
Aug 2011	0	2,735	83.40	4.15	$11,348
Jul 2011	0	2,981	94.14	4.52	$13,466
Jun 2011	0	2,915	92.90	4.64	$13,525
May 2011	0	2,649	98.13	4.40	$11,668
Apr 2011	38	2,817	105.96	4.33	$16,233
Mar 2011	32	2,853	96.36	4.06	$14,659
Feb 2011	0	2,543	85.64	4.18	$10,630
Jan 2011	37	2,998	86.50	4.59	$16,958
Dec 2010	20	3,489	85.73	4.35	$16,884
Nov 2010	36	3,598	80.84	3.80	$16,566
Oct 2010	38	3,787	78.10	3.51	$16,256
Sep 2010	19	3,191	72.63	3.98	$14,078
Aug 2010	107	3,834	73.68	4.42	$24,828
Jul 2010	0	4,123	72.55	4.74	$19,529
Jun 2010	0	3,019	70.36	4.91	$14,825
May 2010	20	3,786	71.12	4.24	$17,457
Apr 2010	48	3,977	81.69	4.12	$20,317
Mar 2010	53	3,136	78.39	4.39	$17,918
Feb 2010	25	3,194	73.58	5.44	$19,222
Jan 2010	49	3,506	74.36	5.96	$24,554
Dec 2009	60	4,106	71.44	5.48	$26,803
Nov 2009	42	4,169	74.59	3.75	$18,773
Oct 2009	66	4,478	72.54	4.11	$23,193
Sep 2009	34	3,953	65.54	3.06	$14,343
Aug 2009	68	4,851	67.42	3.22	$20,198
Jul 2009	95	4,646	61.13	3.46	$21,903
Jun 2009	67	4,491	66.16	3.90	$21,925
May 2009	65	5,452	54.74	3.93	$24,961
Apr 2009	62	5,089	46.77	3.59	$21,157
Mar 2009	19	5,100	42.14	4.06	$21,502
Feb 2009	52	4,932	32.81	4.63	$24,556
Jan 2009	48	5,591	35.86	5.37	$31,751
Dec 2008	55	5,720	37.10	5.98	$36,230
Nov 2008	64	6,631	55.49	6.86	$49,042
Oct 2008	8	8,323	75.24	6.92	$58,214
Sep 2008	59	884	101.76	7.88	$12,967
Aug 2008	40	6,204	114.22	8.48	$57,197
Jul 2008	77	6,766	131.08	11.39	$87,154
Jun 2008	88	6,790	131.33	13.03	$100,049
May 2008	79	7,749	123.17	11.57	$99,420
Apr 2008	71	6,902	110.31	10.45	$79,991
Mar 2008	80	7,060	101.90	9.66	$76,380
Feb 2008	109	6,674	92.53	8.77	$68,621
Jan 2008	131	6,678	90.38	8.21	$66,638
Dec 2007	210	6,930	88.33	7.30	$69,152
Nov 2007	112	7,196	91.67	7.29	$62,738
Oct 2007	89	7,128	82.85	6.92	$56,714
Sep 2007	82	7,516	75.84	6.24	$53,150
Aug 2007	87	7,682	69.06	6.39	$55,080
Jul 2007	142	8,299	70.90	6.39	$63,081
Jun 2007	44	8,155	62.00	7.55	$64,286
May 2007	65	9,180	58.74	7.85	$75,847
Apr 2007	55	8,427	59.61	7.81	$69,053
Mar 2007	49	9,659	56.92	7.30	$73,319
Feb 2007	49	8,739	55.10	8.22	$74,500
Jan 2007	45	10,620	50.30	6.73	$73,703
Dec 2006	49	11,110	56.65	6.92	$79,640
Nov 2006	50	11,182	54.20	7.62	$87,889
Oct 2006	70	11,329	54.90	6.01	$71,973
Sep 2006	67	12,277	60.08	5.04	$65,867
Aug 2006	87	13,239	68.71	7.34	$103,151
Jul 2006	119	13,955	69.37	6.34	$96,768
Jun 2006	214	13,766	66.28	6.38	$102,064
May 2006	282	15,056	66.01	6.42	$115,350
Apr 2006	206	13,810	64.39	7.36	$114,913
Mar 2006	313	15,485	56.70	7.08	$127,426
Feb 2006	162	14,164	57.59	7.75	$119,116
Jan 2006	278	17,051	60.59	8.93	$169,166
Dec 2005	277	17,061	54.94	13.42	$244,099
Nov 2005	219	17,346	54.69	10.59	$195,644
Oct 2005	316	18,551	58.34	13.80	$274,361
Sep 2005	264	18,829	61.45	12.08	$243,658
Aug 2005	278	20,644	61.51	9.80	$219,346
Jul 2005	338	21,539	55.69	7.84	$187,767
Jun 2005	286	22,768	52.33	7.38	$183,018
May 2005	404	24,188	45.22	6.65	$179,147
Apr 2005	462	25,137	49.20	7.36	$207,751
Mar 2005	407	26,261	50.37	7.15	$208,395
Feb 2005	534	25,734	45.22	6.31	$186,578
Jan 2005	655	29,444	43.16	6.32	$214,421
Dec 2004	670	31,249	39.86	6.75	$237,671
Nov 2004	516	27,952	45.28	6.33	$200,312
Oct 2004	764	31,316	49.70	6.52	$241,998
Sep 2004	949	28,052	43.24	5.28	$189,259
Aug 2004	1,055	29,212	42.37	5.55	$206,846
Jul 2004	1,260	31,701	38.28	6.08	$241,107
Jun 2004	1,751	37,020	36.10	6.43	$301,362
May 2004	1,725	42,366	37.48	6.49	$339,802
Apr 2004	2,027	54,924	34.47	5.86	$391,641
Mar 2004	3,191	74,683	34.36	5.53	$522,650
Feb 2004	3,682	70,535	32.45	5.51	$508,102
Jan 2004	2,627	70,307	32.03	6.30	$527,052
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$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.

Mar 2017 — as filed, then multipliedworked

Condensate            32 bbl  × $ 46.77 =     $1,497
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,497

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/200020 is the state's own key, not one this site invented.