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 212235District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$51.2 M
Jun 2005 – May 2026
Value, last 12 filed months
$342 k
at the published price for each month
Months reported
252
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 Gas112006-01-17166835
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
CondensateDisposition90,558 bbl$5,936,844
GasProduction7,431,869 Mcf$45,297,659
Total$51,234,503

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 27.6372, -99.0883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63721, -99.08825 · 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
10,220 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 10,220 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-479390541510,220 ftJun 2005

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 (252)

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

252 months

May 2026335,702106.413.05$20,879
Apr 2026526,48198.932.87$23,743
Mar 2026716,80189.753.15$27,792
Feb 202603,59263.503.75$13,471
Jan 2026556,92959.138.00$58,670
Dec 2025727,05756.664.41$35,225
Nov 2025606,19758.593.93$27,848
Oct 2025757,33159.383.30$28,681
Sep 2025397,20362.743.08$24,610
Aug 2025757,24363.933.01$26,631
Jul 2025367,21666.743.32$26,325
Jun 2025907,08566.483.13$28,150
May 2025186,70260.553.23$22,753
Apr 2025776,78762.363.54$28,849
Mar 2025207,40067.704.27$32,940
Feb 2025616,45870.884.34$32,357
Jan 2025377,02674.324.28$32,812
Dec 2024897,30268.993.12$28,932
Nov 2024437,65869.052.20$19,805
Oct 2024687,62371.372.28$22,244
Sep 2024647,57169.612.36$22,356
Aug 20241077,02675.632.06$22,591
Jul 2024237,72579.932.15$18,421
Jun 2024757,32878.082.63$25,158
May 2024407,96678.812.20$20,665
Apr 2024357,77684.451.66$15,858
Mar 2024497,83780.301.55$16,044
Feb 2024527,23676.091.78$16,863
Jan 2024567,51573.023.30$28,871
Dec 2023187,37571.262.61$20,537
Nov 2023617,32377.892.81$25,311
Oct 2023887,81885.443.09$31,655
Sep 2023448,04989.042.74$25,932
Aug 2023668,27780.522.67$27,438
Jul 2023658,29574.852.64$26,779
Jun 2023818,19168.962.26$24,085
May 2023419,00970.622.23$22,962
Apr 2023738,57178.122.24$24,883
Mar 2023909,48472.852.39$29,253
Feb 2023475,42775.112.47$16,911
Jan 2023378,31276.533.39$30,990
Dec 2022538,68076.415.73$53,778
Nov 2022574,61985.005.65$30,925
Oct 2022338,94987.185.86$55,352
Sep 2022738,88284.888.16$78,706
Aug 2022739,13594.529.13$90,277
Jul 2022768,923101.587.54$75,018
Jun 2022398,880115.097.98$75,326
May 2022649,377109.378.43$86,076
Apr 2022879,185104.226.84$71,871
Mar 2022879,352108.885.08$56,947
Feb 2022678,29691.054.86$46,409
Jan 2022659,51181.844.54$48,477
Dec 2021649,75071.323.90$42,581
Nov 2021859,49477.435.24$56,300
Oct 2021549,74779.795.71$60,002
Sep 2021818,68769.865.35$52,142
Aug 202110410,57366.024.22$51,490
Jul 20216112,35070.783.98$53,496
Jun 20218310,01969.493.38$39,638
May 20217510,50463.483.02$36,459
Apr 20216010,18460.362.76$31,713
Mar 20217710,26761.302.72$32,615
Feb 20214010,65257.805.55$61,409
Jan 20219310,52950.412.81$34,277
Dec 20208611,20244.642.68$33,810
Nov 20201210,49038.772.71$28,857
Oct 20201212,64536.972.48$31,783
Sep 20201612,55137.091.99$25,583
Aug 2020229,96439.982.39$24,645
Jul 20201911,74638.371.83$22,167
Jun 20201711,47134.901.69$19,983
May 2020515,06116.921.81$27,417
Apr 20201015,54214.751.80$28,191
Mar 2020815,94930.341.86$29,848
Feb 2020913,83749.881.98$27,855
Jan 20201614,17257.252.09$30,603
Dec 20192511,93459.012.30$28,975
Nov 20191079,97055.302.75$33,342
Oct 201912211,06853.472.42$33,292
Sep 20199411,16155.052.66$34,833
Aug 20199010,66753.112.30$29,361
Jul 201910211,47156.272.46$33,959
Jun 201910511,39252.782.49$33,922
May 20198211,17658.482.74$35,421
Apr 201916612,19062.632.75$43,928
Mar 201910310,11256.803.06$36,814
Feb 201912311,09250.852.79$37,226
Jan 201920510,82246.033.23$44,372
Dec 201815015,41846.594.19$71,520
Nov 201812616,79252.934.24$77,821
Oct 201815018,47961.443.40$72,009
Sep 20189718,10859.543.11$62,055
Aug 201812611,93459.403.07$44,081
Jul 201812311,56565.142.93$41,919
Jun 20187311,41860.183.08$39,525
May 20187511,76165.382.90$39,020
Apr 2018978,04363.842.90$29,524
Mar 201812111,43961.222.79$39,286
Feb 20189610,06461.782.77$33,769
Jan 201812212,07962.874.01$56,099
Dec 20179912,88557.272.92$43,314
Nov 201714711,18555.423.12$43,026
Oct 201714712,19449.292.98$43,629
Sep 201710012,68147.523.09$43,902
Aug 201710111,58045.373.00$39,373
Jul 201714913,13743.873.09$47,094
Jun 201710013,12142.493.09$44,757
May 20179714,17945.373.26$50,673
Apr 20179613,91147.933.21$49,278
Mar 201710511,00246.772.98$37,737
Feb 20176511,69950.452.95$37,822
Jan 201712813,13449.413.42$51,227
Dec 20168210,98748.763.72$44,901
Nov 20169212,28142.492.64$36,384
Oct 20161413,63946.193.09$42,795
Sep 20162111,46841.553.10$36,431
Aug 20164814,73741.442.92$45,085
Jul 201610114,26541.622.92$45,919
Jun 201610115,54545.352.69$46,332
May 20168915,74942.521.99$35,141
Apr 20161116,44636.561.99$33,147
Mar 2016615,19533.011.79$27,458
Feb 2016815,36926.472.06$31,928
Jan 2016817,32727.352.36$41,186
Dec 2015818,99832.362.00$38,282
Nov 2015020,19938.792.17$43,778
Oct 2015622,11243.552.43$53,918
Sep 2015185,94242.992.76$17,164
Aug 20151213,78240.162.87$40,071
Jul 20151813,81048.152.95$41,538
Jun 20152514,55456.152.88$43,361
May 20152210,81355.212.96$33,172
Apr 201540917,79149.822.71$68,529
Mar 201578419,24642.892.93$90,107
Feb 20151,15015,17144.662.98$96,511
Jan 20151,34814,98443.433.10$105,003
Dec 20141,17718,51254.693.59$130,853
Nov 201497117,10870.464.25$141,157
Oct 20141,12416,84878.303.90$153,733
Sep 2014016,49586.164.05$66,730
Aug 2014017,85189.394.04$72,031
Jul 2014018,01596.564.18$75,295
Jun 2014017,82698.164.74$84,440
May 2014719,39494.734.73$92,330
Apr 20142218,96495.944.81$93,311
Mar 20141423,78995.895.06$121,639
Feb 20142418,21697.406.19$115,131
Jan 20141720,54290.404.86$101,386
Dec 20132024,77591.824.35$109,719
Nov 20132323,42488.853.74$89,609
Oct 20131621,34897.423.78$82,241
Sep 2013022,662104.113.72$84,251
Aug 2013027,131104.253.52$95,572
Jul 2013030,093102.523.72$111,878
Jun 201307,51194.403.93$29,544
May 2013022,21294.834.15$92,159
Apr 201318625,37093.964.28$126,126
Mar 201370129,61793.623.91$181,515
Feb 201380128,67891.233.42$171,151
Jan 201380136,12791.603.42$196,923
Dec 201239324,08986.773.42$116,489
Nov 20121022,19786.953.62$16,833
Oct 20122105,92289.383.40$38,903
Sep 2012458,05894.672.92$27,777
Aug 2012678,58392.662.91$31,169
Jul 201219020,24885.133.02$77,340
Jun 201220923,01779.822.52$74,663
May 201220525,10991.612.49$81,259
Apr 201217520,451101.652.00$58,625
Mar 201210621,499105.052.22$58,908
Feb 2012022,970101.102.57$59,038
Jan 2012028,81398.092.73$78,777
Dec 2011028,31096.873.24$91,717
Nov 2011032,49295.723.31$107,590
Oct 2011032,83784.983.65$119,807
Sep 2011029,57683.623.99$117,884
Aug 2011025,61283.404.15$106,272
Jul 2011028,02294.144.52$126,582
Jun 2011017,65992.904.64$81,936
May 2011223,51098.134.40$103,754
Apr 2011321,130105.964.33$91,880
Mar 20112822,23196.364.06$92,897
Feb 20115221,34685.644.18$93,679
Jan 201110824,50786.504.59$121,799
Dec 201013523,74385.734.35$114,802
Nov 201010124,95080.843.80$102,858
Oct 201011125,49078.103.51$98,111
Sep 201011425,19572.633.98$108,543
Aug 20104627,03673.684.42$122,871
Jul 201012329,49072.554.74$148,603
Jun 20105930,23570.364.91$152,617
May 20106532,24071.124.24$141,166
Apr 20102933,59181.694.12$140,854
Mar 201028023,94778.394.39$127,045
Feb 201083122,28473.585.44$182,423
Jan 201059527,29674.365.96$207,040
Dec 20091,50237,22671.445.48$311,441
Nov 20091,17941,83974.593.75$244,901
Oct 20091,05846,44272.544.11$267,636
Sep 20091,50345,23965.543.06$237,153
Aug 200961251,09567.423.22$205,710
Jul 200960029,74361.133.46$139,723
Jun 200995246,14766.163.90$242,727
May 200979052,19954.743.93$248,165
Apr 200986656,49746.773.59$243,186
Mar 200955850,57742.144.06$228,806
Feb 200912054,69132.814.63$257,321
Jan 200912570,52735.865.37$383,283
Dec 20081,08481,57237.105.98$527,784
Nov 200881268,76255.496.86$516,790
Oct 20081,42070,62475.246.92$595,699
Sep 200882873,312101.767.88$661,743
Aug 200868983,459114.228.48$786,682
Jul 200831980,966131.0811.39$963,971
Jun 2008041,088131.3313.03$535,485
May 2008043,504123.1711.57$503,528
Apr 2008048,516110.3110.45$507,228
Mar 200824452,712101.909.66$534,276
Feb 20081,46947,69192.538.77$554,204
Jan 20081,46953,87590.388.21$574,852
Dec 20071,38650,87788.337.30$493,928
Nov 20071,66554,02191.677.29$546,535
Oct 20071,01957,20882.856.92$480,417
Sep 200786754,72175.846.24$407,440
Aug 200762161,21669.066.39$433,930
Jul 200765962,88270.906.39$448,410
Jun 200790066,02262.007.55$554,164
May 20071,39972,91458.747.85$654,281
Apr 200754068,83859.617.81$569,484
Mar 200768773,81356.927.30$578,084
Feb 200742764,63555.108.22$554,569
Jan 200760371,86350.306.73$513,743
Dec 200646984,80856.656.92$613,308
Nov 200643875,31254.207.62$597,427
Oct 200637769,70154.906.01$439,865
Sep 200656380,11860.085.04$437,395
Aug 20061,016130,05768.717.34$1,024,417
Jul 2006944154,02069.376.34$1,042,397
Jun 20061,388175,95666.286.38$1,215,279
May 20061,942186,06466.016.42$1,323,653
Apr 20061,571172,27264.397.36$1,369,161
Mar 20061,815185,66756.707.08$1,417,975
Feb 20061,526159,56157.597.75$1,324,659
Jan 20061,860122,04160.598.93$1,202,929
Dec 20051,19160,99454.9413.42$883,692
Nov 20052,30597,56254.6910.59$1,159,086
Oct 20053,169168,99558.3413.80$2,516,294
Sep 20055,021159,72961.4512.08$2,237,907
Aug 20054,700161,94961.519.80$1,875,685
Jul 20055,725171,54955.697.84$1,664,394
Jun 20052,71779,65652.337.38$730,125

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            33 bbl  × $106.41 =     $3,512
Gas                5,702 Mcf  × $  3.05 =    $17,367

────────────────────────────────────────────────────
Month total                                  $20,879

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/212235 is the state's own key, not one this site invented.