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 223019District 04Field 932153752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Sep 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
237
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 Gas112007-03-26173137
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
CondensateDisposition1,774 bbl$157,357
GasProduction849,331 Mcf$5,583,027
Total$5,740,384

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 27.6489, -99.1312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64888, -99.13123 · 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
9,407 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 9,407 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-4793958539,407 ftSep 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 (237)

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

237 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 202301778.122.24$38
Mar 202324072.852.39$241
Feb 202304475.112.47$108
Jan 202305476.533.39$183
Dec 202223876.415.73$371
Nov 202204085.005.65$226
Oct 202223787.185.86$391
Sep 202203884.888.16$310
Aug 202203294.529.13$292
Jul 2022027101.587.54$204
Jun 2022123115.097.98$299
May 2022064109.378.43$540
Apr 202210104.226.84$104
Mar 2022065108.885.08$330
Feb 2022312691.054.86$885
Jan 2022211581.844.54$686
Dec 202108771.323.90$339
Nov 2021216477.435.24$1,014
Oct 2021118879.795.71$1,154
Sep 2021224169.865.35$1,429
Aug 202127566.024.22$449
Jul 2021437870.783.98$1,788
Jun 2021327269.493.38$1,128
May 2021525263.483.02$1,078
Apr 2021025560.362.76$703
Mar 2021216561.302.72$571
Feb 2021119557.805.55$1,140
Jan 2021115450.412.81$483
Dec 202018444.642.68$269
Nov 202014238.772.71$152
Oct 202018136.972.48$238
Sep 202018637.091.99$208
Aug 202019639.982.39$269
Jul 202018338.371.83$190
Jun 202027334.901.69$193
May 2020011516.921.81$209
Apr 2020422914.751.80$472
Mar 2020126430.341.86$520
Feb 2020116849.881.98$383
Jan 2020012657.252.09$264
Dec 201906959.012.30$159
Nov 201915955.302.75$218
Oct 2019513953.472.42$604
Sep 2019023355.052.66$619
Aug 2019326353.112.30$765
Jul 2019326656.272.46$823
Jun 2019026152.782.49$650
May 2019328258.482.74$948
Apr 2019332862.632.75$1,090
Mar 2019237656.803.06$1,265
Feb 2019025750.852.79$718
Jan 20190046.033.23$0
Dec 201803746.594.19$155
Nov 20180052.934.24$0
Oct 20180561.443.40$17
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201801865.382.90$52
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201801662.874.01$64
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170249.292.98$6
Sep 20170047.523.09$0
Aug 20170645.373.00$18
Jul 20170043.873.09$0
Jun 201708442.493.09$259
May 20170045.373.26$0
Apr 20170247.933.21$6
Mar 201701446.772.98$42
Feb 20170050.452.95$0
Jan 201702249.413.42$75
Dec 20160248.763.72$7
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201604041.553.10$124
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201602545.352.69$67
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160926.472.06$19
Jan 201601827.352.36$43
Dec 201504132.362.00$82
Nov 201501338.792.17$28
Oct 20150943.552.43$22
Sep 20150242.992.76$6
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20153049.822.71$149
Mar 2015124342.892.93$641
Feb 2015417244.662.98$691
Jan 201515943.433.10$226
Dec 2014314854.693.59$696
Nov 2014532070.464.25$1,713
Oct 2014233478.303.90$1,460
Sep 2014233786.164.05$1,536
Aug 2014537689.394.04$1,964
Jul 2014238896.564.18$1,815
Jun 2014434198.164.74$2,008
May 2014236494.734.73$1,910
Apr 20141136095.944.81$2,787
Mar 20141128595.895.06$2,496
Feb 2014626597.406.19$2,225
Jan 2014526690.404.86$1,745
Dec 2013315591.824.35$950
Nov 2013012488.853.74$464
Oct 2013917897.423.78$1,550
Sep 20130168104.113.72$625
Aug 2013127104.253.52$199
Jul 2013193102.523.72$448
Jun 2013316494.403.93$928
May 2013523094.834.15$1,428
Apr 201301593.964.28$64
Mar 201301293.623.91$47
Feb 2013717491.233.42$1,234
Jan 201327991.603.42$453
Dec 20120786.773.42$24
Nov 20120486.953.62$15
Oct 201213589.383.40$208
Sep 201213494.672.92$194
Aug 201203692.662.91$105
Jul 2012325285.133.02$1,017
Jun 2012726479.822.52$1,224
May 20121028291.612.49$1,618
Apr 20121282101.652.00$665
Mar 20123250105.052.22$871
Feb 20125276101.102.57$1,215
Jan 2012331798.092.73$1,161
Dec 2011328396.873.24$1,207
Nov 2011426095.723.31$1,244
Oct 2011325384.983.65$1,178
Sep 2011225383.623.99$1,176
Aug 2011326183.404.15$1,333
Jul 2011325094.144.52$1,412
Jun 2011328892.904.64$1,615
May 2011032498.134.40$1,427
Apr 201144105.964.33$441
Mar 20111296.364.06$104
Feb 20113685.644.18$282
Jan 201111386.504.59$146
Dec 201011085.734.35$129
Nov 201012980.843.80$191
Oct 201011678.103.51$134
Sep 20100772.633.98$28
Aug 201001673.684.42$71
Jul 201003972.554.74$185
Jun 201001870.364.91$88
May 201013471.124.24$215
Apr 20100081.694.12$0
Mar 201003578.394.39$154
Feb 20101373.585.44$90
Jan 201015574.365.96$402
Dec 20091571.445.48$99
Nov 2009111474.593.75$502
Oct 200901772.544.11$70
Sep 200914765.543.06$210
Aug 20091067.423.22$67
Jul 20092061.133.46$122
Jun 200932866.163.90$308
May 200954654.743.93$454
Apr 200917746.773.59$820
Mar 2009152842.144.06$746
Feb 20097311432.814.63$2,923
Jan 2009621,12335.865.37$8,255
Dec 2008862,64337.105.98$18,988
Nov 20081512,64355.496.86$26,511
Oct 2008692,66775.246.92$23,652
Sep 2008762,539101.767.88$27,734
Aug 20081613,102114.228.48$44,704
Jul 20081683,449131.0811.39$61,304
Jun 2008783,829131.3313.03$60,146
May 2008524,450123.1711.57$57,910
Apr 20081255,242110.3110.45$68,593
Mar 2008736,105101.909.66$66,438
Feb 20082045,89392.538.77$70,561
Jan 20081016,48790.388.21$62,359
Dec 200707,32588.337.30$53,487
Nov 200707,95591.677.29$58,005
Oct 200709,19882.856.92$63,668
Sep 2007010,14075.846.24$63,316
Aug 2007011,39569.066.39$72,791
Jul 200708,02570.906.39$51,263
Jun 2007013,70862.007.55$103,474
May 2007017,10958.747.85$134,242
Apr 2007018,94759.617.81$147,885
Mar 2007025,60156.927.30$186,938
Feb 2007031,21655.108.22$256,471
Jan 2007052,02150.306.73$349,937
Dec 2006067,18356.656.92$464,802
Nov 20060117,24454.207.62$893,104
Oct 20060224,77154.906.01$1,351,728
Sep 20060159,40960.085.04$802,975

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                   17 Mcf  × $  2.24 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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/223019 is the state's own key, not one this site invented.