VAQUILLAS RANCH "1"

Operated by THREE-C OIL AND GAS (P-5 857600) in the VAQUILLAS RANCH (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221696District 04Field 932153752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jun 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered
1993-05-10
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 1993-05-11.

The Commission's schedule remark for this field reads: ALLOC. FORM. SUSP. ADMIN. EFF 8-1-93.

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 Gas112007-05-29173139
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
CondensateDisposition5,095 bbl$372,778
GasProduction516,547 Mcf$2,950,206
Total$3,322,983

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 27.6507, -99.1412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65073, -99.14123 · 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
9,500 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 9,500 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-4793950419,500 ftJun 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 (240)

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

240 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
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 202305278.122.24$116
Mar 2023210272.852.39$390
Feb 202308775.112.47$215
Jan 2023011476.533.39$386
Dec 2022310376.415.73$819
Nov 202209385.005.65$525
Oct 202238787.185.86$772
Sep 202207584.888.16$612
Aug 202208794.529.13$794
Jul 20220110101.587.54$830
Jun 20222100115.097.98$1,028
May 20220117109.378.43$987
Apr 202220104.226.84$208
Mar 20220116108.885.08$589
Feb 2022622991.054.86$1,659
Jan 2022425081.844.54$1,462
Dec 2021024171.323.90$940
Nov 2021644177.435.24$2,774
Oct 2021334479.795.71$2,205
Sep 2021436769.865.35$2,243
Aug 2021648866.024.22$2,456
Jul 2021650170.783.98$2,420
Jun 2021757269.493.38$2,420
May 20211560463.483.02$2,775
Apr 2021052060.362.76$1,434
Mar 2021863461.302.72$2,213
Feb 2021867257.805.55$4,191
Jan 2021973250.412.81$2,511
Dec 2020981044.642.68$2,569
Nov 2020860438.772.71$1,945
Oct 2020781236.972.48$2,271
Sep 2020677937.091.99$1,774
Aug 2020871439.982.39$2,023
Jul 2020878438.371.83$1,738
Jun 2020873934.901.69$1,528
May 2020071816.921.81$1,303
Apr 20201775514.751.80$1,613
Mar 20201079330.341.86$1,775
Feb 2020984649.881.98$2,125
Jan 2020888957.252.09$2,320
Dec 2019990459.012.30$2,614
Nov 2019891255.302.75$2,951
Oct 20191992153.472.42$3,243
Sep 2019089855.052.66$2,386
Aug 2019989053.112.30$2,529
Jul 2019896356.272.46$2,819
Jun 2019089052.782.49$2,217
May 2019876758.482.74$2,570
Apr 2019877262.632.75$2,625
Mar 2019882856.803.06$2,990
Feb 2019076850.852.79$2,144
Jan 20191178546.033.23$3,040
Dec 20181187746.594.19$4,183
Nov 2018880452.934.24$3,830
Oct 2018982061.443.40$3,339
Sep 20181082859.543.11$3,169
Aug 20181188459.403.07$3,364
Jul 20181393765.142.93$3,594
Jun 20182496460.183.08$4,410
May 20182295265.382.90$4,200
Apr 20185389963.842.90$5,991
Mar 20183494261.222.79$4,707
Feb 20183983061.782.77$4,705
Jan 20184498362.874.01$6,707
Dec 20176196657.272.92$6,316
Nov 20173695555.423.12$4,973
Oct 2017321,03949.292.98$4,677
Sep 2017341,05847.523.09$4,882
Aug 2017331,09745.373.00$4,793
Jul 2017351,04843.873.09$4,771
Jun 2017341,04042.493.09$4,655
May 2017371,07545.373.26$5,187
Apr 2017401,02747.933.21$5,216
Mar 2017721,10846.772.98$6,673
Feb 20173697050.452.95$4,680
Jan 2017431,07149.413.42$5,786
Dec 20162695048.763.72$4,804
Nov 201621,02942.492.64$2,806
Oct 201641,05946.193.09$3,457
Sep 201621,09141.553.10$3,466
Aug 201621,13441.442.92$3,399
Jul 201631,04541.622.92$3,181
Jun 201631,10645.352.69$3,107
May 201621,11542.521.99$2,305
Apr 201641,16536.561.99$2,466
Mar 201621,21233.011.79$2,240
Feb 201611,31126.472.06$2,732
Jan 2016366027.352.36$1,643
Dec 201521,00132.362.00$2,068
Nov 201521,04638.792.17$2,345
Oct 201541,09043.552.43$2,819
Sep 201521,12842.992.76$3,197
Aug 201521,07040.162.87$3,154
Jul 201541,22248.152.95$3,791
Jun 201501,15556.152.88$3,330
May 201501,22655.212.96$3,623
Apr 2015111,28549.822.71$4,026
Mar 2015151,32642.892.93$4,535
Feb 201581,08144.662.98$3,575
Jan 201571,08043.433.10$3,653
Dec 201481,14054.693.59$4,532
Nov 2014161,07970.464.25$5,715
Oct 201481,12878.303.90$5,027
Sep 201471,19286.164.05$5,425
Aug 2014161,12489.394.04$5,966
Jul 201471,25396.564.18$5,913
Jun 2014151,25598.164.74$7,417
May 201471,37594.734.73$7,162
Apr 2014461,32195.944.81$10,766
Mar 2014141,18395.895.06$7,325
Feb 2014271,14497.406.19$9,713
Jan 2014271,34690.404.86$8,983
Dec 2013241,22691.824.35$7,542
Nov 2013016488.853.74$613
Oct 2013331,07897.423.78$7,289
Sep 201301,024104.113.72$3,807
Aug 2013471,247104.253.52$9,292
Jul 2013201,322102.523.72$6,965
Jun 2013211,08294.403.93$6,238
May 2013251,14894.834.15$7,134
Apr 2013231,28593.964.28$7,664
Mar 2013251,27193.623.91$7,314
Feb 2013421,02991.233.42$7,351
Jan 2013261,23691.603.42$6,609
Dec 2012491,48686.773.42$9,334
Nov 2012231,43386.953.62$7,194
Oct 2012201,25589.383.40$6,054
Sep 2012351,68394.672.92$8,225
Aug 2012151,11592.662.91$4,633
Jul 2012171,23985.133.02$5,190
Jun 2012291,13179.822.52$5,164
May 2012241,26991.612.49$5,356
Apr 2012371,460101.652.00$6,676
Mar 2012771,323105.052.22$11,029
Feb 20121531,433101.102.57$19,151
Jan 2012801,70698.092.73$12,512
Dec 2011771,74396.873.24$13,106
Nov 20111141,57095.723.31$16,111
Oct 2011771,60084.983.65$12,381
Sep 2011741,64483.623.99$12,741
Aug 2011762,40483.404.15$16,313
Jul 2011781,04994.144.52$12,082
Jun 2011791,73592.904.64$15,389
May 201101,68198.134.40$7,405
Apr 20111071,802105.964.33$19,146
Mar 2011412,02096.364.06$12,147
Feb 2011771,75885.644.18$13,943
Jan 2011411,89486.504.59$12,238
Dec 2010382,22085.734.35$12,910
Nov 2010421,82280.843.80$10,310
Oct 2010411,97978.103.51$10,146
Sep 201002,36372.633.98$9,403
Aug 2010822,43873.684.42$16,816
Jul 2010422,15272.554.74$13,240
Jun 201002,10670.364.91$10,341
May 2010472,47171.124.24$13,808
Apr 2010482,62481.694.12$14,739
Mar 2010482,70978.394.39$15,652
Feb 2010462,22673.585.44$15,499
Jan 2010492,64774.365.96$19,431
Dec 2009492,62471.445.48$17,890
Nov 2009522,83574.593.75$14,514
Oct 200902,99372.544.11$12,302
Sep 2009623,10465.543.06$13,576
Aug 2009693,13367.423.22$14,736
Jul 20091062,86761.133.46$16,413
Jun 20091143,23466.163.90$20,139
May 20091093,56254.743.93$19,950
Apr 20092193,97446.773.59$24,499
Mar 20091023,46142.144.06$18,346
Feb 20091723,34932.814.63$21,159
Jan 2009663,71035.865.37$22,293
Dec 2008613,95937.105.98$25,927
Nov 20081043,76455.496.86$31,593
Oct 2008474,13075.246.92$32,124
Sep 2008503,680101.767.88$34,076
Aug 2008853,868114.228.48$42,521
Jul 2008753,854131.0811.39$53,726
Jun 2008243,599131.3313.03$50,056
May 200804,412123.1711.57$51,066
Apr 200804,607110.3110.45$48,166
Mar 200805,276101.909.66$50,988
Feb 200804,98092.538.77$43,677
Jan 200805,59490.388.21$45,903
Dec 200705,93688.337.30$43,344
Nov 200706,26591.677.29$45,683
Oct 200706,70082.856.92$46,377
Sep 200706,72875.846.24$42,011
Aug 200707,14569.066.39$45,642
Jul 200707,73670.906.39$49,417
Jun 200708,14962.007.55$61,512
May 200708,72758.747.85$68,474
Apr 200708,88759.617.81$69,365
Mar 2007010,01456.927.30$73,122
Feb 200709,71155.108.22$79,786
Jan 2007011,87350.306.73$79,868
Dec 2006013,57356.656.92$93,904
Nov 2006016,17154.207.62$123,182
Oct 2006020,68254.906.01$124,377
Sep 2006024,62060.085.04$124,016
Aug 2006026,42568.717.34$193,957
Jul 2006037,97969.376.34$240,892
Jun 2006018,67566.286.38$119,219

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.

Apr 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.12 =         $0
Gas                   52 Mcf  × $  2.24 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/221696 is the state's own key, not one this site invented.