VAQUILLAS RANCH STATE 1194

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BIG COWBOY (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206727District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.5 M
Nov 2003 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
271
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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
as the register files it
Field class
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: STATEWIDE RULES. NO P-15 & PLAT.

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 Gas112005-05-24161779
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
CondensateDisposition22,843 bbl$1,069,614
GasProduction1,880,556 Mcf$11,395,889
Total$12,465,503

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 27.7598, -99.0800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75980, -99.07998 · 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
9,455 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 9,455 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-4793843749,455 ftNov 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 (271)

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

271 months

May 20260663106.413.05$2,019
Apr 2026065598.932.87$1,880
Mar 2026067989.753.15$2,138
Feb 2026053763.503.75$2,014
Jan 2026069959.138.00$5,591
Dec 2025069056.664.41$3,045
Nov 2025068258.593.93$2,678
Oct 2025063259.383.30$2,089
Sep 2025052962.743.08$1,628
Aug 2025095663.933.01$2,882
Jul 202501,37266.743.32$4,548
Jun 2025056666.483.13$1,771
May 2025075160.553.23$2,427
Apr 2025070662.363.54$2,501
Mar 2025081967.704.27$3,496
Feb 2025072770.884.34$3,156
Jan 2025084174.324.28$3,598
Dec 2024088268.993.12$2,753
Nov 20248372469.052.20$7,323
Oct 2024093271.372.28$2,126
Sep 2024080469.612.36$1,901
Aug 2024091175.632.06$1,880
Jul 202401,00779.932.15$2,162
Jun 2024091078.082.63$2,397
May 2024098178.812.20$2,157
Apr 2024084184.451.66$1,395
Mar 2024096480.301.55$1,490
Feb 2024087276.091.78$1,555
Jan 2024088573.023.30$2,918
Dec 2023079871.262.61$2,083
Nov 2023091277.892.81$2,560
Oct 202316595685.443.09$17,049
Sep 2023084689.042.74$2,314
Aug 2023095580.522.67$2,553
Jul 2023099974.852.64$2,639
Jun 2023098368.962.26$2,220
May 2023093870.622.23$2,089
Apr 2023098878.122.24$2,211
Mar 2023096872.852.39$2,317
Feb 2023088075.112.47$2,170
Jan 202301,00176.533.39$3,391
Dec 2022091276.415.73$5,225
Nov 2022093785.005.65$5,290
Oct 202201,01287.185.86$5,934
Sep 202201,04984.888.16$8,564
Aug 202201,13394.529.13$10,341
Jul 202201,091101.587.54$8,228
Jun 202201,077115.097.98$8,591
May 202201,153109.378.43$9,723
Apr 202201,156104.226.84$7,904
Mar 2022841,067108.885.08$14,562
Feb 202201,03691.054.86$5,034
Jan 202201,12281.844.54$5,091
Dec 202101,09571.323.90$4,270
Nov 202101,08877.435.24$5,698
Oct 202101,12879.795.71$6,445
Sep 202101,12369.865.35$6,009
Aug 202101,17266.024.22$4,947
Jul 202101,27570.783.98$5,077
Jun 2021871,10169.493.38$9,768
May 202101,19563.483.02$3,606
Apr 2021841,25460.362.76$8,529
Mar 202101,16461.302.72$3,163
Feb 202101,14757.805.55$6,364
Jan 202101,02950.412.81$2,892
Dec 202001,22144.642.68$3,267
Nov 202001,25838.772.71$3,405
Oct 202001,26336.972.48$3,130
Sep 202001,43437.091.99$2,855
Aug 202001,37039.982.39$3,268
Jul 202001,47138.371.83$2,685
Jun 202001,20834.901.69$2,042
May 202001,69616.921.81$3,078
Apr 202001,40514.751.80$2,535
Mar 202001,27730.341.86$2,370
Feb 202001,19649.881.98$2,369
Jan 202001,41057.252.09$2,954
Dec 201901,32259.012.30$3,046
Nov 201901,14955.302.75$3,161
Oct 201901,40553.472.42$3,398
Sep 201901,41155.052.66$3,749
Aug 201901,37153.112.30$3,159
Jul 201901,31856.272.46$3,242
Jun 201901,58052.782.49$3,936
May 201901,60758.482.74$4,404
Apr 201901,60862.632.75$4,423
Mar 201901,70756.803.06$5,227
Feb 2019511,64150.852.79$7,175
Jan 201901,65446.033.23$5,339
Dec 201801,55746.594.19$6,517
Nov 201801,75452.934.24$7,432
Oct 201802,22061.443.40$7,544
Sep 20181381,82659.543.11$13,892
Aug 201801,81559.403.07$5,566
Jul 201801,85765.142.93$5,445
Jun 201801,82460.183.08$5,612
May 201801,81165.382.90$5,253
Apr 201801,70763.842.90$4,952
Mar 201801,76761.222.79$4,924
Feb 201801,49361.782.77$4,130
Jan 201802,06662.874.01$8,283
Dec 20171662,12357.272.92$15,709
Nov 201712,12755.423.12$6,688
Oct 201702,49749.292.98$7,450
Sep 201701,74747.523.09$5,393
Aug 201701,36545.373.00$4,101
Jul 201702,13343.873.09$6,585
Jun 201702,45042.493.09$7,564
May 201701,80145.373.26$5,877
Apr 201702,25147.933.21$7,229
Mar 201702,49346.772.98$7,438
Feb 201702,61450.452.95$7,718
Jan 201701,72649.413.42$5,901
Dec 201601,59748.763.72$5,945
Nov 201601,61142.492.64$4,260
Oct 20161571,85846.193.09$12,994
Sep 201601,90241.553.10$5,897
Aug 201602,19941.442.92$6,431
Jul 201601,73741.622.92$5,080
Jun 201602,06645.352.69$5,549
May 201602,03542.521.99$4,052
Apr 201601,74836.561.99$3,480
Mar 2016812,89633.011.79$7,869
Feb 201601,94726.472.06$4,018
Jan 201651,58827.352.36$3,891
Dec 201501,98432.362.00$3,971
Nov 201501,99038.792.17$4,313
Oct 2015822,06243.552.43$8,575
Sep 201501,85942.992.76$5,128
Aug 201502,36640.162.87$6,796
Jul 201502,39648.152.95$7,056
Jun 201502,67256.152.88$7,703
May 201502,10855.212.96$6,230
Apr 2015742,18949.822.71$9,611
Mar 201502,44842.892.93$7,184
Feb 201501,92744.662.98$5,735
Jan 201502,25643.433.10$6,995
Dec 20141122,47954.693.59$15,028
Nov 201402,37070.464.25$10,077
Oct 201402,53978.303.90$9,905
Sep 201402,39186.164.05$9,673
Aug 201402,45189.394.04$9,890
Jul 201402,58196.564.18$10,788
Jun 20141802,60498.164.74$30,004
May 201402,45894.734.73$11,618
Apr 201402,29995.944.81$11,056
Mar 201402,94095.895.06$14,867
Feb 201402,40797.406.19$14,904
Jan 201403,37990.404.86$16,424
Dec 201302,47191.824.35$10,760
Nov 20131962,58688.853.74$27,082
Oct 201302,76597.423.78$10,450
Sep 201303,098104.113.72$11,518
Aug 201303,338104.253.52$11,758
Jul 201303,426102.523.72$12,737
Jun 201303,26694.403.93$12,847
May 20131953,59994.834.15$33,424
Apr 201303,06993.964.28$13,143
Mar 201303,33493.623.91$13,046
Feb 201302,94291.233.42$10,061
Jan 201303,25391.603.42$11,125
Dec 201203,40486.773.42$11,642
Nov 201203,44586.953.62$12,488
Oct 201203,66489.383.40$12,456
Sep 20121923,68394.672.92$28,925
Aug 201203,99192.662.91$11,606
Jul 201203,85385.133.02$11,639
Jun 201204,05879.822.52$10,222
May 201204,48291.612.49$11,153
Apr 201204,367101.652.00$8,720
Mar 201204,919105.052.22$10,930
Feb 201205,106101.102.57$13,124
Jan 201203,31098.092.73$9,050
Dec 20111872,93796.873.24$27,630
Nov 201103,42495.723.31$11,338
Oct 201103,79984.983.65$13,861
Sep 201104,09283.623.99$16,310
Aug 201104,33183.404.15$17,971
Jul 201104,61494.144.52$20,843
Jun 201104,37892.904.64$20,313
May 201103,66698.134.40$16,148
Apr 201103,947105.964.33$17,103
Mar 20112295,00296.364.06$42,361
Feb 201104,30185.644.18$17,978
Jan 201104,43186.504.59$20,333
Dec 20101354,40185.734.35$30,708
Nov 201004,68580.843.80$17,781
Oct 201004,80878.103.51$16,871
Sep 201004,89272.633.98$19,468
Aug 201004,78073.684.42$21,125
Jul 201005,09872.554.74$24,147
Jun 20101924,64970.364.91$36,338
May 201004,57971.124.24$19,393
Apr 201004,95081.694.12$20,407
Mar 201006,03578.394.39$26,486
Feb 201005,69473.585.44$30,989
Jan 20101635,39774.365.96$44,309
Dec 200905,92971.445.48$32,513
Nov 200905,88074.593.75$22,059
Oct 200906,55672.544.11$26,947
Sep 20091876,62565.543.06$32,560
Aug 200907,14167.423.22$22,983
Jul 200905,62761.133.46$19,495
Jun 200907,06766.163.90$27,526
May 200906,79254.743.93$26,664
Apr 200906,65746.773.59$23,882
Mar 200907,32642.144.06$29,736
Feb 20091426,52832.814.63$34,903
Jan 200907,78035.865.37$41,786
Dec 200807,12837.105.98$42,605
Nov 2008587,74855.496.86$56,372
Oct 200807,22075.246.92$49,977
Sep 200807,744101.767.88$61,000
Aug 2008968,337114.228.48$81,688
Jul 200808,573131.0811.39$97,642
Jun 200808,314131.3313.03$108,353
May 20081349,054123.1711.57$121,298
Apr 200808,806110.3110.45$92,066
Mar 200809,420101.909.66$91,036
Feb 20081478,88592.538.77$91,529
Jan 200809,51690.388.21$78,086
Dec 20074510,33788.337.30$79,455
Nov 2007010,39591.677.29$75,797
Oct 200717811,05582.856.92$91,270
Sep 2007010,95975.846.24$68,430
Aug 2007011,44269.066.39$73,091
Jul 200719311,89570.906.39$89,668
Jun 2007011,87562.007.55$89,638
May 2007011,85258.747.85$92,994
Apr 200718712,21859.617.81$106,511
Mar 2007012,74156.927.30$93,034
Feb 2007012,08155.108.22$99,258
Jan 200719414,03650.306.73$104,176
Dec 2006013,62256.656.92$94,243
Nov 2006014,26054.207.62$108,625
Oct 200616715,27554.906.01$101,029
Sep 2006015,37260.085.04$77,432
Aug 200618216,47568.717.34$133,430
Jul 200617216,96769.376.34$119,549
Jun 2006017,75366.286.38$113,333
May 200614819,46066.016.42$134,800
Apr 200618120,92164.397.36$165,643
Mar 200619324,26556.707.08$182,810
Feb 200613728,06057.597.75$225,386
Jan 200630933,37560.598.93$316,872
Dec 200525215,18854.9413.42$217,598
Nov 200518719,24154.6910.59$213,958
Oct 200512514,49658.3413.80$207,276
Sep 200533613,56661.4512.08$184,511
Aug 200519219,06961.519.80$198,626
Jul 200532117,97355.697.84$158,850
Jun 200529215,43052.337.38$129,170
May 20054014,17245.226.65$96,069
Apr 200546527,13449.207.36$222,597
Mar 200532923,87950.377.15$187,423
Feb 200510219,40945.226.31$127,121
Jan 200538319,38743.166.32$139,099
Dec 200456824,78539.866.75$189,966
Nov 200456723,81945.286.33$176,458
Oct 200443820,34649.706.52$154,325
Sep 200453027,96243.245.28$170,666
Aug 200452433,32742.375.55$207,189
Jul 200467429,34538.286.08$204,341
Jun 200466334,74936.106.43$247,475
May 200476639,38037.486.49$284,466
Apr 200438828,97334.475.86$183,112
Mar 200460842,97834.365.53$258,565
Feb 20041,09650,30032.455.51$312,699
Jan 20041,25284,01932.036.30$569,391
Dec 20032,478142,92630.266.30$975,652
Nov 20033,178104,73828.804.60$572,814

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             0 bbl  × $106.41 =         $0
Gas                  663 Mcf  × $  3.05 =     $2,019

────────────────────────────────────────────────────
Month total                                   $2,019

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/206727 is the state's own key, not one this site invented.