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 222162District 04Field 932153752 tax incentive programmesCondensateGasSaveExport
Value, all time
$371 k
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 Gas112007-03-26173138
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
CondensateDisposition432 bbl$28,507
GasProduction58,012 Mcf$342,193
Total$370,700

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 27.6541, -99.1348. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65413, -99.13483 · 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
9,727 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 9,727 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-4793953629,727 ftJul 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 (239)

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

239 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 202303878.122.24$85
Mar 202337772.852.39$403
Feb 202307675.112.47$187
Jan 2023010876.533.39$366
Dec 202239676.415.73$779
Nov 2022010185.005.65$570
Oct 2022310487.185.86$871
Sep 202209984.888.16$808
Aug 202208094.529.13$730
Jul 2022092101.587.54$694
Jun 2022288115.097.98$932
May 2022099109.378.43$835
Apr 202220104.226.84$208
Mar 2022091108.885.08$462
Feb 2022520191.054.86$1,432
Jan 2022423081.844.54$1,371
Dec 2021021671.323.90$842
Nov 2021321277.435.24$1,343
Oct 2021122179.795.71$1,343
Sep 202118069.865.35$498
Aug 202117666.024.22$387
Jul 2021111970.783.98$545
Jun 202115269.493.38$245
May 202125263.483.02$284
Apr 2021010560.362.76$290
Mar 2021210261.302.72$400
Feb 2021213057.805.55$837
Jan 2021216050.412.81$550
Dec 2020118244.642.68$532
Nov 202012138.772.71$96
Oct 2020111036.972.48$310
Sep 202014837.091.99$133
Aug 2020114139.982.39$376
Jul 202017838.371.83$181
Jun 202025334.901.69$159
May 2020011316.921.81$205
Apr 2020313814.751.80$293
Mar 2020212130.341.86$285
Feb 2020219149.881.98$478
Jan 2020222357.252.09$582
Dec 2019224159.012.30$673
Nov 2019221055.302.75$688
Oct 2019111553.472.42$332
Sep 201905255.052.66$138
Aug 201917153.112.30$217
Jul 201918856.272.46$273
Jun 201906452.782.49$159
May 201925858.482.74$276
Apr 2019215462.632.75$549
Mar 2019218456.803.06$677
Feb 2019017050.852.79$475
Jan 201927946.033.23$347
Dec 2018011646.594.19$486
Nov 20181952.934.24$91
Oct 201829361.443.40$439
Sep 2018118259.543.11$625
Aug 201819459.403.07$348
Jul 2018111165.142.93$391
Jun 2018013860.183.08$425
May 2018012565.382.90$363
Apr 2018025563.842.90$740
Mar 2018017461.222.79$485
Feb 2018025761.782.77$711
Jan 2018025362.874.01$1,014
Dec 2017036057.272.92$1,052
Nov 2017029155.423.12$907
Oct 2017034249.292.98$1,020
Sep 201709647.523.09$296
Aug 2017011145.373.00$333
Jul 2017010743.873.09$330
Jun 201709342.493.09$287
May 2017010845.373.26$352
Apr 2017010347.933.21$331
Mar 2017312246.772.98$504
Feb 2017310150.452.95$450
Jan 2017106149.413.42$703
Dec 201649348.763.72$541
Nov 2016510342.492.64$485
Oct 20161110546.193.09$833
Sep 201677641.553.10$527
Aug 201655241.442.92$359
Jul 2016116341.622.92$642
Jun 2016128145.352.69$762
May 201676242.521.99$421
Apr 201678736.561.99$429
Mar 201677333.011.79$362
Feb 2016612326.472.06$413
Jan 2016147827.352.36$567
Dec 2015812832.362.00$515
Nov 2015715838.792.17$614
Oct 20151521643.552.43$1,177
Sep 2015447542.992.76$1,482
Aug 2015058140.162.87$1,669
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20152049.822.71$100
Mar 2015123242.892.93$609
Feb 2015812844.662.98$738
Jan 2015111843.433.10$409
Dec 2014117554.693.59$683
Nov 201418570.464.25$432
Oct 201419078.303.90$429
Sep 2014013186.164.05$530
Aug 201417489.394.04$388
Jul 201419796.564.18$502
Jun 2014111898.164.74$657
May 2014111894.734.73$652
Apr 2014611895.944.81$1,143
Mar 201416295.895.06$409
Feb 2014312997.406.19$1,091
Jan 2014211190.404.86$720
Dec 2013314191.824.35$889
Nov 201303788.853.74$138
Oct 2013815697.423.78$1,369
Sep 2013053104.113.72$197
Aug 2013137104.253.52$235
Jul 2013166102.523.72$348
Jun 201301694.403.93$63
May 201312794.834.15$207
Apr 201317293.964.28$402
Mar 201317593.623.91$387
Feb 2013410191.233.42$710
Jan 2013313491.603.42$733
Dec 2012310286.773.42$609
Nov 2012210986.953.62$569
Oct 2012212089.383.40$587
Sep 201228994.672.92$449
Aug 201215992.662.91$264
Jul 201219485.133.02$369
Jun 201228479.822.52$371
May 201249691.612.49$605
Apr 20123107101.652.00$519
Mar 20126106105.052.22$866
Feb 20121178101.102.57$1,313
Jan 2012610798.092.73$881
Dec 2011614396.873.24$1,045
Nov 2011913295.723.31$1,299
Oct 201169184.983.65$842
Sep 2011514583.623.99$996
Aug 2011621783.404.15$1,401
Jul 2011616094.144.52$1,288
Jun 2011622892.904.64$1,615
May 20110698.134.40$26
Apr 201184105.964.33$865
Mar 201139996.364.06$691
Feb 201163785.644.18$669
Jan 2011311586.504.59$787
Dec 201032185.734.35$348
Nov 2010312580.843.80$717
Oct 201037678.103.51$501
Sep 2010014372.633.98$569
Aug 2010617973.684.42$1,233
Jul 2010321272.554.74$1,222
Jun 2010022070.364.91$1,080
May 2010327371.124.24$1,370
Apr 2010216681.694.12$848
Mar 2010217978.394.39$942
Feb 2010319373.585.44$1,271
Jan 2010214174.365.96$990
Dec 2009220871.445.48$1,284
Nov 2009220474.593.75$914
Oct 2009012472.544.11$510
Sep 2009112965.543.06$461
Aug 200919967.423.22$386
Jul 2009217661.133.46$732
Jun 2009018266.163.90$709
May 2009021154.743.93$828
Apr 2009020646.773.59$739
Mar 2009044142.144.06$1,790
Feb 2009046632.814.63$2,159
Jan 2009048335.865.37$2,594
Dec 2008040037.105.98$2,391
Nov 2008047755.496.86$3,272
Oct 2008043575.246.92$3,011
Sep 20080623101.767.88$4,907
Aug 200802,116114.228.48$17,950
Jul 200801,572131.0811.39$17,904
Jun 20080108131.3313.03$1,408
May 20080189123.1711.57$2,188
Apr 20080242110.3110.45$2,530
Mar 20080305101.909.66$2,948
Feb 2008034792.538.77$3,043
Jan 200801,21690.388.21$9,978
Dec 200701,31388.337.30$9,587
Nov 2007023491.677.29$1,706
Oct 2007028082.856.92$1,938
Sep 2007019975.846.24$1,243
Aug 2007030169.066.39$1,923
Jul 2007035370.906.39$2,255
Jun 2007065962.007.55$4,974
May 200701,71658.747.85$13,464
Apr 2007022659.617.81$1,764
Mar 2007072156.927.30$5,265
Feb 200702,15455.108.22$17,697
Jan 2007040750.306.73$2,738
Dec 2006027856.656.92$1,923
Nov 200601,20354.207.62$9,164
Oct 2006080954.906.01$4,865
Sep 200603,12560.085.04$15,741
Aug 200605,57368.717.34$40,905
Jul 200608,27969.376.34$52,512

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                   38 Mcf  × $  2.24 =        $85

────────────────────────────────────────────────────
Month total                                      $85

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/222162 is the state's own key, not one this site invented.