VAQUILLAS BORREGO

Name: VAQUILLAS BORREGO lease production and value, Jun 2004 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 203080District 04Field 721635002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Jun 2004 – Feb 2017

Value, last 12 filed months

at the published price for each month

Months reported

153

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	2005-08-10	158537
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	4,647 bbl	$264,749
Gas	Production	477,464 Mcf	$3,092,814
Total			$3,357,563

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 27.3226, -99.0680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32262, -99.06803 · 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

9,539 ft

1 wells filed one

Completion to plug

12.7 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 9,539 ft.

Completions filed

Jun 2004

1 of 1 wells

Plug dates filed

Feb 2017

1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938660	13	9,539 ft	Jun 2004	Feb 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 (153)

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

153 months


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	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	6	0	38.79	2.17	$233
Oct 2015	5	0	43.55	2.43	$218
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	9	68	56.15	2.88	$701
May 2015	14	273	55.21	2.96	$1,580
Apr 2015	0	277	49.82	2.71	$750
Mar 2015	0	314	42.89	2.93	$922
Feb 2015	0	348	44.66	2.98	$1,036
Jan 2015	11	73	43.43	3.10	$704
Dec 2014	0	167	54.69	3.59	$600
Nov 2014	0	303	70.46	4.25	$1,288
Oct 2014	0	72	78.30	3.90	$281
Sep 2014	0	818	86.16	4.05	$3,309
Aug 2014	0	372	89.39	4.04	$1,501
Jul 2014	13	396	96.56	4.18	$2,910
Jun 2014	14	846	98.16	4.74	$5,382
May 2014	0	708	94.73	4.73	$3,346
Apr 2014	17	1,008	95.94	4.81	$6,479
Mar 2014	20	1,085	95.89	5.06	$7,404
Feb 2014	7	1,069	97.40	6.19	$7,301
Jan 2014	22	1,001	90.40	4.86	$6,854
Dec 2013	16	1,370	91.82	4.35	$7,435
Nov 2013	12	1,466	88.85	3.74	$6,547
Oct 2013	16	1,152	97.42	3.78	$5,913
Sep 2013	15	974	104.11	3.72	$5,183
Aug 2013	18	1,165	104.25	3.52	$5,980
Jul 2013	11	1,324	102.52	3.72	$6,050
Jun 2013	0	1,354	94.40	3.93	$5,326
May 2013	10	774	94.83	4.15	$4,160
Apr 2013	5	839	93.96	4.28	$4,063
Mar 2013	9	707	93.62	3.91	$3,609
Feb 2013	11	815	91.23	3.42	$3,791
Jan 2013	10	1,163	91.60	3.42	$4,893
Dec 2012	6	1,273	86.77	3.42	$4,874
Nov 2012	15	1,056	86.95	3.62	$5,132
Oct 2012	10	1,527	89.38	3.40	$6,085
Sep 2012	7	1,275	94.67	2.92	$4,384
Aug 2012	7	1,878	92.66	2.91	$6,110
Jul 2012	5	1,366	85.13	3.02	$4,552
Jun 2012	11	1,300	79.82	2.52	$4,153
May 2012	2	1,351	91.61	2.49	$3,545
Apr 2012	24	919	101.65	2.00	$4,275
Mar 2012	11	1,335	105.05	2.22	$4,122
Feb 2012	11	1,558	101.10	2.57	$5,117
Jan 2012	8	1,808	98.09	2.73	$5,728
Dec 2011	9	1,184	96.87	3.24	$4,708
Nov 2011	18	1,409	95.72	3.31	$6,389
Oct 2011	18	1,542	84.98	3.65	$7,156
Sep 2011	15	1,985	83.62	3.99	$9,166
Aug 2011	25	1,708	83.40	4.15	$9,172
Jul 2011	0	1,529	94.14	4.52	$6,907
Jun 2011	14	1,876	92.90	4.64	$10,005
May 2011	27	2,019	98.13	4.40	$11,543
Apr 2011	13	1,877	105.96	4.33	$9,511
Mar 2011	12	1,620	96.36	4.06	$7,729
Feb 2011	0	1,240	85.64	4.18	$5,183
Jan 2011	16	1,435	86.50	4.59	$7,969
Dec 2010	8	1,513	85.73	4.35	$7,264
Nov 2010	17	1,958	80.84	3.80	$8,806
Oct 2010	20	2,222	78.10	3.51	$9,359
Sep 2010	10	1,549	72.63	3.98	$6,891
Aug 2010	64	1,911	73.68	4.42	$13,161
Jul 2010	0	2,489	72.55	4.74	$11,789
Jun 2010	0	1,761	70.36	4.91	$8,647
May 2010	10	2,053	71.12	4.24	$9,406
Apr 2010	17	2,059	81.69	4.12	$9,877
Mar 2010	14	1,798	78.39	4.39	$8,988
Feb 2010	8	1,707	73.58	5.44	$9,879
Jan 2010	16	2,049	74.36	5.96	$13,410
Dec 2009	17	2,454	71.44	5.48	$14,672
Nov 2009	14	2,009	74.59	3.75	$8,581
Oct 2009	23	2,139	72.54	4.11	$10,460
Sep 2009	10	2,113	65.54	3.06	$7,131
Aug 2009	21	2,073	67.42	3.22	$8,088
Jul 2009	30	2,256	61.13	3.46	$9,650
Jun 2009	23	2,223	66.16	3.90	$10,180
May 2009	20	2,854	54.74	3.93	$12,299
Apr 2009	23	2,286	46.77	3.59	$9,277
Mar 2009	7	2,523	42.14	4.06	$10,536
Feb 2009	19	2,107	32.81	4.63	$10,385
Jan 2009	15	2,223	35.86	5.37	$12,478
Dec 2008	15	1,680	37.10	5.98	$10,598
Nov 2008	15	2,126	55.49	6.86	$15,417
Oct 2008	10	2,318	75.24	6.92	$16,798
Sep 2008	20	2,624	101.76	7.88	$22,705
Aug 2008	13	2,772	114.22	8.48	$25,000
Jul 2008	23	3,100	131.08	11.39	$38,322
Jun 2008	24	2,435	131.33	13.03	$34,886
May 2008	23	2,934	123.17	11.57	$36,792
Apr 2008	18	2,810	110.31	10.45	$31,364
Mar 2008	19	2,946	101.90	9.66	$30,406
Feb 2008	26	2,681	92.53	8.77	$25,920
Jan 2008	31	3,004	90.38	8.21	$27,452
Dec 2007	55	2,878	88.33	7.30	$25,873
Nov 2007	26	3,583	91.67	7.29	$28,510
Oct 2007	19	3,089	82.85	6.92	$22,956
Sep 2007	17	2,982	75.84	6.24	$19,909
Aug 2007	19	2,794	69.06	6.39	$19,160
Jul 2007	29	3,278	70.90	6.39	$22,996
Jun 2007	10	2,832	62.00	7.55	$21,997
May 2007	18	3,575	58.74	7.85	$29,108
Apr 2007	14	3,207	59.61	7.81	$25,866
Mar 2007	11	3,168	56.92	7.30	$23,759
Feb 2007	11	2,775	55.10	8.22	$23,406
Jan 2007	9	2,837	50.30	6.73	$19,537
Dec 2006	11	3,612	56.65	6.92	$25,613
Nov 2006	11	3,458	54.20	7.62	$26,937
Oct 2006	17	3,356	54.90	6.01	$21,116
Sep 2006	21	3,793	60.08	5.04	$20,368
Aug 2006	28	4,025	68.71	7.34	$31,467
Jul 2006	37	4,892	69.37	6.34	$33,595
Jun 2006	43	4,870	66.28	6.38	$33,940
May 2006	60	5,568	66.01	6.42	$39,735
Apr 2006	46	5,324	64.39	7.36	$42,149
Mar 2006	64	5,770	56.70	7.08	$44,497
Feb 2006	31	5,093	57.59	7.75	$41,262
Jan 2006	48	5,039	60.59	8.93	$47,923
Dec 2005	50	5,310	54.94	13.42	$73,983
Nov 2005	41	5,663	54.69	10.59	$62,204
Oct 2005	59	6,071	58.34	13.80	$87,196
Sep 2005	51	6,485	61.45	12.08	$81,466
Aug 2005	48	6,156	61.51	9.80	$63,262
Jul 2005	57	6,339	55.69	7.84	$52,895
Jun 2005	43	6,046	52.33	7.38	$46,876
May 2005	62	7,108	45.22	6.65	$50,080
Apr 2005	53	7,305	49.20	7.36	$56,376
Mar 2005	49	8,166	50.37	7.15	$60,895
Feb 2005	65	8,193	45.22	6.31	$54,653
Jan 2005	84	9,857	43.16	6.32	$65,943
Dec 2004	95	10,129	39.86	6.75	$72,168
Nov 2004	102	12,961	45.28	6.33	$86,667
Oct 2004	197	20,053	49.70	6.52	$140,438
Sep 2004	266	21,128	43.24	5.28	$123,140
Aug 2004	303	22,636	42.37	5.55	$138,483
Jul 2004	417	24,492	38.28	6.08	$164,977
Jun 2004	752	51,438	36.10	6.43	$358,049

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.

Nov 2015 — as filed, then multipliedworked

Condensate             6 bbl  × $ 38.79 =       $233
Gas                    0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                     $233

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/203080 is the state's own key, not one this site invented.