VAQUILLAS RANCH

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 218944District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Jan 2006 – May 2026
Value, last 12 filed months
$922
at the published price for each month
Months reported
245
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 Gas112006-09-25169081
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
CondensateDisposition9,640 bbl$600,384
GasProduction908,578 Mcf$5,961,788
Total$6,562,172

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 27.7649, -99.0483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.76491, -99.04826 · 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
8,970 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 8,970 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-47939342108,970 ftJan 2006

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 (245)

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

245 months

May 2026023106.413.05$70
Apr 202603898.932.87$109
Mar 202601089.753.15$31
Feb 20260063.503.75$0
Jan 202601959.138.00$152
Dec 20250656.664.41$26
Nov 202504258.593.93$165
Oct 202502959.383.30$96
Sep 202501062.743.08$31
Aug 202504663.933.01$139
Jul 202503166.743.32$103
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220585.005.65$28
Oct 20220287.185.86$12
Sep 20220084.888.16$0
Aug 20220194.529.13$9
Jul 202200101.587.54$0
Jun 202207115.097.98$56
May 2022014109.378.43$118
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021016870.783.98$669
Jun 2021033569.493.38$1,133
May 2021030263.483.02$911
Apr 2021036360.362.76$1,001
Mar 2021031061.302.72$842
Feb 2021021757.805.55$1,204
Jan 2021020250.412.81$568
Dec 2020029144.642.68$779
Nov 2020026738.772.71$723
Oct 2020020536.972.48$508
Sep 2020017937.091.99$356
Aug 202009339.982.39$222
Jul 202001438.371.83$26
Jun 20200334.901.69$5
May 2020011016.921.81$200
Apr 2020012814.751.80$231
Mar 202005730.341.86$106
Feb 20200249.881.98$4
Jan 20200257.252.09$4
Dec 20190959.012.30$21
Nov 20190755.302.75$19
Oct 201903953.472.42$94
Sep 20190955.052.66$24
Aug 201902353.112.30$53
Jul 201907256.272.46$177
Jun 201901552.782.49$37
May 201901158.482.74$30
Apr 201902762.632.75$74
Mar 201901956.803.06$58
Feb 20190050.852.79$0
Jan 201901646.033.23$52
Dec 201801746.594.19$71
Nov 20180052.934.24$0
Oct 20180861.443.40$27
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801665.142.93$47
Jun 201801460.183.08$43
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180961.222.79$25
Feb 201801061.782.77$28
Jan 201805062.874.01$200
Dec 201702057.272.92$58
Nov 201703855.423.12$119
Oct 201703249.292.98$95
Sep 201701047.523.09$31
Aug 201701745.373.00$51
Jul 20170943.873.09$28
Jun 201701642.493.09$49
May 201701045.373.26$33
Apr 20170747.933.21$22
Mar 201703946.772.98$116
Feb 201703050.452.95$89
Jan 201704149.413.42$140
Dec 201606248.763.72$231
Nov 201605142.492.64$135
Oct 2016010046.193.09$309
Sep 201607641.553.10$236
Aug 201603641.442.92$105
Jul 201604441.622.92$129
Jun 201603945.352.69$105
May 201601942.521.99$38
Apr 201608936.561.99$177
Mar 201607333.011.79$131
Feb 201697226.472.06$387
Jan 2016013627.352.36$322
Dec 2015026432.362.00$528
Nov 2015026438.792.17$572
Oct 2015024743.552.43$599
Sep 2015031342.992.76$863
Aug 2015036840.162.87$1,057
Jul 201501,00548.152.95$2,960
Jun 201501,02956.152.88$2,966
May 201501,41555.212.96$4,182
Apr 2015080449.822.71$2,176
Mar 201501,10342.892.93$3,237
Feb 201501,12244.662.98$3,339
Jan 2015034143.433.10$1,057
Dec 201431,01854.693.59$3,820
Nov 2014044870.464.25$1,905
Oct 2014032478.303.90$1,264
Sep 20146442186.164.05$7,217
Aug 2014655189.394.04$2,760
Jul 2014161,23696.564.18$6,711
Jun 201491,36198.164.74$7,330
May 2014201,52294.734.73$9,088
Apr 201471,43295.944.81$7,558
Mar 201401,52395.895.06$7,702
Feb 201401,53097.406.19$9,474
Jan 201401,92590.404.86$9,357
Dec 201301,64891.824.35$7,176
Nov 2013068588.853.74$2,561
Oct 201301,44397.423.78$5,454
Sep 201301,387104.113.72$5,157
Aug 201301,143104.253.52$4,026
Jul 201301,591102.523.72$5,915
Jun 201301,54294.403.93$6,065
May 2013080094.834.15$3,319
Apr 2013088393.964.28$3,782
Mar 201301,08993.623.91$4,261
Feb 201301,94291.233.42$6,641
Jan 201302,13491.603.42$7,298
Dec 201202,17086.773.42$7,422
Nov 201201,56886.953.62$5,684
Oct 201201,97389.383.40$6,708
Sep 201201,90494.672.92$5,557
Aug 201201,91192.662.91$5,557
Jul 201202,67385.133.02$8,075
Jun 201202,16779.822.52$5,459
May 201201,88691.612.49$4,693
Apr 201202,127101.652.00$4,247
Mar 201202,490105.052.22$5,533
Feb 201202,188101.102.57$5,624
Jan 201201,95698.092.73$5,348
Dec 201102,24796.873.24$7,280
Nov 201102,45995.723.31$8,142
Oct 201102,74584.983.65$10,015
Sep 201102,84983.623.99$11,356
Aug 201101,93583.404.15$8,029
Jul 201102,75894.144.52$12,459
Jun 201102,77492.904.64$12,871
May 201102,88498.134.40$12,704
Apr 201102,909105.964.33$12,606
Mar 201103,02196.364.06$12,257
Feb 201102,94185.644.18$12,293
Jan 201103,24386.504.59$14,881
Dec 201003,45285.734.35$15,008
Nov 201003,42680.843.80$13,003
Oct 2010813,58978.103.51$18,920
Sep 201003,39872.633.98$13,522
Aug 201003,22673.684.42$14,257
Jul 201003,98272.554.74$18,861
Jun 201004,06370.364.91$19,951
May 201003,86471.124.24$16,365
Apr 201004,28481.694.12$17,662
Mar 201004,58378.394.39$20,113
Feb 201004,15373.585.44$22,602
Jan 201004,99374.365.96$29,779
Dec 200904,37871.445.48$24,008
Nov 200905,15874.593.75$19,350
Oct 200904,71772.544.11$19,388
Sep 200905,09865.543.06$15,624
Aug 200905,63367.423.22$18,130
Jul 200905,92261.133.46$20,517
Jun 200905,81566.163.90$22,649
May 200905,88954.743.93$23,119
Apr 200906,67346.773.59$23,939
Mar 20091427,34542.144.06$35,797
Feb 2009477,71032.814.63$37,263
Jan 200905,12635.865.37$27,532
Dec 200875,55137.105.98$33,439
Nov 200805,78955.496.86$39,715
Oct 200805,90675.246.92$40,881
Sep 200806,236101.767.88$49,122
Aug 200807,153114.228.48$60,679
Jul 200806,993131.0811.39$79,646
Jun 200806,939131.3313.03$90,433
May 20081767,976123.1711.57$113,994
Apr 200807,778110.3110.45$81,318
Mar 200807,427101.909.66$71,775
Feb 200808,13392.538.77$71,331
Jan 200808,84690.388.21$72,588
Dec 200718010,56288.337.30$93,023
Nov 2007011,84191.677.29$86,341
Oct 2007012,52182.856.92$86,670
Sep 2007314,38875.846.24$90,068
Aug 2007016,56969.066.39$105,842
Jul 200717719,68370.906.39$138,283
Jun 2007022,07862.007.55$166,655
May 200717127,49658.747.85$225,786
Apr 200718228,67059.617.81$234,624
Mar 200704,30956.927.30$31,464
Feb 20073549,22155.108.22$95,265
Jan 2007014,00250.306.73$94,189
Dec 200618310,99156.656.92$86,408
Nov 200617714,98154.207.62$123,711
Oct 200617314,45754.906.01$96,439
Sep 200617819,61560.085.04$109,499
Aug 200636226,35768.717.34$218,331
Jul 200634434,73669.376.34$244,185
Jun 200654036,53866.286.38$269,045
May 200672345,68166.016.42$341,226
Apr 200655537,43264.397.36$311,254
Mar 20061,54370,74756.707.08$588,583
Feb 20061,97769,90657.597.75$655,705
Jan 20061,23133,99460.598.93$378,266

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                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/218944 is the state's own key, not one this site invented.