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 200363District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Jan 2004 – May 2026
Value, last 12 filed months
$268 k
at the published price for each month
Months reported
269
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 Gas112004-05-27157036
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
CondensateDisposition34,939 bbl$1,598,445
GasProduction2,770,017 Mcf$16,205,841
Total$17,804,286

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 27.6296, -99.0803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62960, -99.08033 · 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
10,192 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 10,192 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-479385201310,192 ftJan 2004

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 (269)

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

269 months

May 2026234,212106.413.05$15,277
Apr 2026354,18198.932.87$15,461
Mar 2026564,44389.753.15$19,019
Feb 202603,35763.503.75$12,590
Jan 2026384,56859.138.00$38,781
Dec 2025574,58056.664.41$23,443
Nov 2025455,04358.593.93$22,438
Oct 2025595,18259.383.30$20,629
Sep 2025365,39862.743.08$18,868
Aug 2025776,21663.933.01$23,662
Jul 2025417,17366.743.32$26,516
Jun 20251147,60166.483.13$31,360
May 2025258,46460.553.23$28,872
Apr 2025489,02662.363.54$34,973
Mar 202533,60167.704.27$15,573
Feb 20251099270.884.34$5,015
Jan 202561,08674.324.28$5,093
Dec 2024131,07868.993.12$4,262
Nov 202461,11469.052.20$2,863
Oct 2024101,11871.372.28$3,264
Sep 2024101,09569.612.36$3,285
Aug 2024171,14775.632.06$3,653
Jul 202441,17479.932.15$2,840
Jun 2024121,14378.082.63$3,948
May 202461,25078.812.20$3,221
Apr 202451,14584.451.66$2,322
Mar 202481,21580.301.55$2,520
Feb 202481,13076.091.78$2,624
Jan 202491,20373.023.30$4,624
Dec 202331,23071.262.61$3,425
Nov 2023121,13277.892.81$4,113
Oct 2023171,12685.443.09$4,929
Sep 202391,18689.042.74$4,045
Aug 2023131,25980.522.67$4,412
Jul 2023131,30874.852.64$4,429
Jun 2023161,33168.962.26$4,109
May 202371,31070.622.23$3,412
Apr 2023121,16678.122.24$3,547
Mar 2023141,30072.852.39$4,131
Feb 202371,08675.112.47$3,204
Jan 202361,23576.533.39$4,643
Dec 202281,21076.415.73$7,543
Nov 202291,10685.005.65$7,010
Oct 202251,39487.185.86$8,610
Sep 2022121,39284.888.16$12,382
Aug 2022131,29994.529.13$13,085
Jul 2022141,336101.587.54$11,498
Jun 202291,330115.097.98$11,645
May 2022181,366109.378.43$13,488
Apr 2022241,272104.226.84$11,199
Mar 2022241,866108.885.08$12,086
Feb 2022191,22991.054.86$7,701
Jan 2022191,50581.844.54$8,384
Dec 2021191,44471.323.90$6,985
Nov 2021361,57277.435.24$11,020
Oct 2021243,64779.795.71$22,753
Sep 2021353,75569.865.35$22,538
Aug 2021453,92366.024.22$19,528
Jul 2021273,04670.783.98$14,040
Jun 2021383,55269.493.38$14,649
May 2021393,53863.483.02$13,152
Apr 2021313,65460.362.76$11,950
Mar 2021403,80461.302.72$12,787
Feb 2021214,19257.805.55$24,471
Jan 2021484,27150.412.81$14,422
Dec 2020434,45444.642.68$13,836
Nov 202004,78438.772.71$12,948
Oct 202004,89536.972.48$12,132
Sep 202026,73137.091.99$13,476
Aug 202012,56239.982.39$6,151
Jul 202022,57038.371.83$4,767
Jun 202073,01834.901.69$5,346
May 202074,63716.921.81$8,533
Apr 2020155,63314.751.80$10,385
Mar 2020123,80930.341.86$7,434
Feb 2020116,64949.881.98$13,718
Jan 2020161,85057.252.09$4,791
Dec 2019121,93159.012.30$5,158
Nov 201953,68355.302.75$10,407
Oct 201962,21653.472.42$5,680
Sep 201951,49555.052.66$4,248
Aug 201951,58753.112.30$3,923
Jul 201951,51156.272.46$3,999
Jun 2019161,50052.782.49$4,581
May 2019291,59358.482.74$6,061
Apr 2019591,72662.632.75$8,443
Mar 2019371,29456.803.06$6,064
Feb 2019441,19750.852.79$5,580
Jan 2019731,48646.033.23$8,157
Dec 2018531,68946.594.19$9,538
Nov 2018451,70052.934.24$9,585
Oct 2018531,77561.443.40$9,288
Sep 2018351,76659.543.11$7,573
Aug 2018451,81659.403.07$8,242
Jul 2018431,81365.142.93$8,117
Jun 2018251,78960.183.08$7,009
May 2018242,02465.382.90$7,440
Apr 2018322,83263.842.90$10,258
Mar 2018394,27461.222.79$14,299
Feb 2018313,65661.782.77$12,028
Jan 2018404,59262.874.01$20,926
Dec 2017334,50257.272.92$15,043
Nov 2017514,14655.423.12$15,755
Oct 2017634,05649.292.98$15,207
Sep 2017434,28647.523.09$15,275
Aug 2017434,59545.373.00$15,756
Jul 2017644,54143.873.09$16,827
Jun 2017434,45342.493.09$15,575
May 2017424,83345.373.26$17,678
Apr 2017414,81747.933.21$17,435
Mar 2017475,45146.772.98$18,462
Feb 2017295,02450.452.95$16,297
Jan 2017584,83649.413.42$19,399
Dec 2016364,39148.763.72$18,102
Nov 2016404,81242.492.64$14,424
Oct 201634,18846.193.09$13,081
Sep 2016184,04641.553.10$13,293
Aug 2016284,48141.442.92$14,264
Jul 2016364,67441.622.92$15,167
Jun 2016344,71245.352.69$14,198
May 2016263,88242.521.99$8,835
Apr 2016123,52936.561.99$7,465
Mar 201683,72233.011.79$6,941
Feb 2016113,95126.472.06$8,445
Jan 2016103,99427.352.36$9,717
Dec 201583,32632.362.00$6,916
Nov 201503,48638.792.17$7,555
Oct 201594,44143.552.43$11,168
Sep 2015223,85542.992.76$11,579
Aug 2015154,89140.162.87$14,652
Jul 2015216,07148.152.95$18,891
Jun 2015276,11656.152.88$19,148
May 2015296,25755.212.96$20,093
Apr 2015277,11849.822.71$20,611
Mar 201503,38942.892.93$9,946
Feb 201503,89944.662.98$11,604
Jan 201505,05043.433.10$15,658
Dec 201405,05754.693.59$18,162
Nov 201405,69970.464.25$24,231
Oct 201405,23778.303.90$20,429
Sep 201405,59386.164.05$22,626
Aug 201404,89689.394.04$19,756
Jul 201405,21496.564.18$21,792
Jun 201405,88498.164.74$27,872
May 201476,22494.734.73$30,081
Apr 2014205,88795.944.81$30,230
Mar 201496,01895.895.06$31,295
Feb 2014165,42597.406.19$35,150
Jan 2014115,58190.404.86$28,122
Dec 2013136,35291.824.35$28,853
Nov 2013175,85788.853.74$23,406
Oct 2013166,82397.423.78$27,345
Sep 201305,949104.113.72$22,117
Aug 2013010,004104.253.52$35,240
Jul 201306,528102.523.72$24,269
Jun 201306,08594.403.93$23,935
May 201306,34694.834.15$26,330
Apr 201306,94393.964.28$29,734
Mar 201306,39793.623.91$25,031
Feb 201305,95091.233.42$20,348
Jan 201306,36591.603.42$21,768
Dec 201205,86286.773.42$20,049
Nov 201205,97786.953.62$21,666
Oct 201206,63589.383.40$22,557
Sep 201206,93894.672.92$20,248
Aug 201206,90592.662.91$20,081
Jul 201208,35685.133.02$25,242
Jun 201206,06379.822.52$15,273
May 201206,84891.612.49$17,040
Apr 201207,724101.652.00$15,423
Mar 201206,669105.052.22$14,819
Feb 201205,548101.102.57$14,260
Jan 201207,30398.092.73$19,967
Dec 201107,27596.873.24$23,569
Nov 201106,87295.723.31$22,755
Oct 201107,03084.983.65$25,649
Sep 201107,21383.623.99$28,750
Aug 201107,48183.404.15$31,041
Jul 201108,13794.144.52$36,757
Jun 201107,44792.904.64$34,553
May 201108,83798.134.40$38,925
Apr 201106,545105.964.33$28,361
Mar 201108,47996.364.06$34,402
Feb 201107,81985.644.18$32,683
Jan 201107,72986.504.59$35,467
Dec 201009,08685.734.35$39,504
Nov 201008,90180.843.80$33,782
Oct 201008,52478.103.51$29,910
Sep 201007,46372.633.98$29,699
Aug 201009,48873.684.42$41,931
Jul 201008,92072.554.74$42,249
Jun 201008,57670.364.91$42,112
May 201008,76171.124.24$37,105
Apr 201009,01881.694.12$37,178
Mar 201008,77178.394.39$38,493
Feb 201008,83673.585.44$48,089
Jan 2010010,91074.365.96$65,068
Dec 200909,41671.445.48$51,635
Nov 200909,78674.593.75$36,712
Oct 200909,48972.544.11$39,002
Sep 200909,62265.543.06$29,489
Aug 2009010,32767.423.22$33,237
Jul 2009010,52261.133.46$36,453
Jun 200909,69466.163.90$37,758
May 2009011,48754.743.93$45,095
Apr 2009010,76646.773.59$38,623
Mar 2009012,05142.144.06$48,915
Feb 2009010,58932.814.63$49,059
Jan 2009010,80235.865.37$58,018
Dec 2008010,36537.105.98$61,953
Nov 2008011,58555.496.86$79,477
Oct 2008011,85375.246.92$82,046
Sep 2008012,065101.767.88$95,037
Aug 2008012,844114.228.48$108,956
Jul 2008012,961131.0811.39$147,618
Jun 2008013,842131.3313.03$180,398
May 2008013,685123.1711.57$158,394
Apr 2008013,695110.3110.45$143,179
Mar 2008014,048101.909.66$135,761
Feb 2008014,33192.538.77$125,691
Jan 2008013,84590.388.21$113,608
Dec 2007014,82088.337.30$108,215
Nov 2007014,08991.677.29$102,733
Oct 2007014,82382.856.92$102,605
Sep 20075714,57175.846.24$95,307
Aug 200730415,70069.066.39$121,285
Jul 200729115,97570.906.39$122,679
Jun 200717715,71662.007.55$129,605
May 200729116,75558.747.85$148,558
Apr 200730116,16659.617.81$144,121
Mar 200774416,27356.927.30$161,173
Feb 200741312,51655.108.22$125,588
Jan 200759113,91950.306.73$123,358
Dec 200653417,08656.656.92$148,460
Nov 200654115,90854.207.62$150,501
Oct 200648718,40954.906.01$137,444
Sep 200620118,59560.085.04$105,743
Aug 200623618,97668.717.34$155,498
Jul 200619319,68769.376.34$138,258
Jun 200624419,79366.286.38$142,528
May 200624122,63766.016.42$161,351
Apr 200621522,47264.397.36$179,249
Mar 200634525,72356.707.08$201,755
Feb 200633218,18657.597.75$160,082
Jan 200624327,34860.598.93$259,032
Dec 200527225,35054.9413.42$355,024
Nov 200537630,11854.6910.59$339,465
Oct 200522121,00958.3413.80$302,728
Sep 200519927,48461.4512.08$344,208
Aug 200520731,09961.519.80$317,405
Jul 200526234,04155.697.84$281,596
Jun 200546035,13352.337.38$283,390
May 200557639,26445.226.65$287,198
Apr 200578244,25049.207.36$364,176
Mar 20051154,46350.377.15$390,230
Feb 200518665,45745.226.31$421,570
Jan 200583629,72943.166.32$224,034
Dec 20041,12438,26839.866.75$303,153
Nov 200478926,45045.286.33$203,166
Oct 200492737,56149.706.52$290,786
Sep 20041,46139,70143.245.28$272,950
Aug 20041,32357,91242.375.55$377,505
Jul 20041,54775,64538.286.08$519,457
Jun 20042935,26636.106.43$44,454
May 20042,36567,71937.486.49$528,447
Apr 20042,98899,60334.475.86$686,517
Mar 20043,844144,40734.365.53$930,671
Feb 20043,434132,59132.455.51$841,959
Jan 20042539,75932.036.30$251,268

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            23 bbl  × $106.41 =     $2,447
Gas                4,212 Mcf  × $  3.05 =    $12,829

────────────────────────────────────────────────────
Month total                                  $15,277

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/200363 is the state's own key, not one this site invented.