VAQUILLAS RANCH "2"

Operated by THREE-C OIL AND GAS (P-5 857600) 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 223040District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$816 k
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 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 Gas112007-03-26173134
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
CondensateDisposition767 bbl$51,174
GasProduction114,504 Mcf$765,289
Total$816,463

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 27.6956, -99.1191. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69563, -99.11907 · 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
9,400 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 9,400 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-4793960139,400 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 202301274.852.64$32
Jun 202301468.962.26$32
May 202301270.622.23$27
Apr 20230078.122.24$0
Mar 202315072.852.39$193
Feb 202302675.112.47$64
Jan 202304976.533.39$166
Dec 2022316676.415.73$1,180
Nov 2022116885.005.65$1,034
Oct 2022218887.185.86$1,277
Sep 202228684.888.16$872
Aug 202209894.529.13$894
Jul 20220193101.587.54$1,456
Jun 20221203115.097.98$1,734
May 20222188109.378.43$1,804
Apr 20220211104.226.84$1,443
Mar 20225199108.885.08$1,555
Feb 2022216791.054.86$994
Jan 2022316281.844.54$981
Dec 2021017971.323.90$698
Nov 2021017677.435.24$922
Oct 2021214679.795.71$994
Sep 2021213569.865.35$862
Aug 2021014266.024.22$599
Jul 2021212270.783.98$627
Jun 2021013669.493.38$460
May 2021212863.483.02$513
Apr 2021010860.362.76$298
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20161046.193.09$46
Sep 201602941.553.10$90
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201601426.472.06$29
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20151038.792.17$39
Oct 201503143.552.43$75
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150942.892.93$26
Feb 201523144.662.98$182
Jan 201585143.433.10$506
Dec 201484754.693.59$606
Nov 201486670.464.25$844
Oct 201487178.303.90$903
Sep 201406586.164.05$263
Aug 201485589.394.04$937
Jul 201446996.564.18$675
Jun 201413798.164.74$273
May 201411494.734.73$161
Apr 2014112495.944.81$1,171
Mar 201483395.895.06$934
Feb 201484397.406.19$1,045
Jan 201465790.404.86$819
Dec 201317991.824.35$436
Nov 201303488.853.74$127
Oct 201305897.423.78$219
Sep 2013032104.113.72$119
Aug 201302104.253.52$7
Jul 2013031102.523.72$115
Jun 20130994.403.93$35
May 201304494.834.15$183
Apr 20130993.964.28$39
Mar 201305093.623.91$196
Feb 201301591.233.42$51
Jan 201301191.603.42$38
Dec 20120086.773.42$0
Nov 201206086.953.62$218
Oct 201217889.383.40$355
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120685.133.02$18
Jun 201202279.822.52$55
May 20120691.612.49$15
Apr 2012010101.652.00$20
Mar 201204105.052.22$9
Feb 2012445101.102.57$520
Jan 20120298.092.73$5
Dec 201144196.873.24$520
Nov 201105095.723.31$166
Oct 201142584.983.65$431
Sep 201142383.623.99$426
Aug 201107283.404.15$299
Jul 201142794.144.52$499
Jun 201107992.904.64$367
May 201148498.134.40$763
Apr 20115130105.964.33$1,093
Mar 2011020596.364.06$832
Feb 2011523585.644.18$1,411
Jan 2011018586.504.59$849
Dec 20104285.734.35$352
Nov 201008180.843.80$307
Oct 2010421278.103.51$1,056
Sep 2010333272.633.98$1,539
Aug 2010347773.684.42$2,329
Jul 2010061172.554.74$2,894
Jun 201021,22370.364.91$6,146
May 201001,05471.124.24$4,464
Apr 201021,02381.694.12$4,381
Mar 201021,11678.394.39$5,055
Feb 201001,01173.585.44$5,502
Jan 201031,14074.365.96$7,022
Dec 200931,19871.445.48$6,784
Nov 200921,12674.593.75$4,373
Oct 200921,23172.544.11$5,205
Sep 200921,21965.543.06$3,867
Aug 200921,25267.423.22$4,164
Jul 200911,26361.133.46$4,437
Jun 200921,17566.163.90$4,709
May 200921,34154.743.93$5,374
Apr 200931,28046.773.59$4,732
Mar 200901,35742.144.06$5,508
Feb 200921,25432.814.63$5,875
Jan 200921,45135.865.37$7,865
Dec 200821,39437.105.98$8,406
Nov 200821,36955.496.86$9,503
Oct 200801,44875.246.92$10,023
Sep 200841,326101.767.88$10,852
Aug 200811,379114.228.48$11,812
Jul 200821,562131.0811.39$18,052
Jun 200821,515131.3313.03$20,007
May 200821,543123.1711.57$18,105
Apr 200811,776110.3110.45$18,678
Mar 200801,999101.909.66$19,318
Feb 200801,82492.538.77$15,998
Jan 200811,90590.388.21$15,722
Dec 200722,02888.337.30$14,985
Nov 2007151,91791.677.29$15,353
Oct 2007191,80782.856.92$14,082
Sep 2007242,51775.846.24$17,537
Aug 2007223,18969.066.39$21,890
Jul 2007453,49170.906.39$25,491
Jun 2007243,75962.007.55$29,863
May 2007514,78358.747.85$40,525
Apr 2007616,40659.617.81$53,636
Mar 2007526,30956.927.30$49,028
Feb 2007252,41255.108.22$21,194
Jan 2007504,78050.306.73$34,669
Dec 2006475,62756.656.92$41,593
Nov 2006363,99954.207.62$32,414
Oct 20067212,07154.906.01$76,545
Sep 20061096760.085.04$5,472

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.

Jul 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                   12 Mcf  × $  2.64 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/223040 is the state's own key, not one this site invented.