VAQUILLAS RANCH G

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 231314District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$616 k
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 Gas112008-03-26180994
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
CondensateDisposition262 bbl$21,002
GasProduction97,770 Mcf$595,406
Total$616,408

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 27.5452, -99.0091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.54519, -99.00912 · 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
12,370 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 12,370 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-4793980222512,370 ftJun 2007

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 (228)

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

228 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 202408584.451.66$141
Mar 202401680.301.55$25
Feb 202405076.091.78$89
Jan 202405973.023.30$195
Dec 2023014471.262.61$376
Nov 2023010277.892.81$286
Oct 202307185.443.09$219
Sep 202302889.042.74$77
Aug 2023011680.522.67$310
Jul 2023010574.852.64$277
Jun 202308168.962.26$183
May 202306970.622.23$154
Apr 202306978.122.24$154
Mar 202305172.852.39$122
Feb 2023012575.112.47$308
Jan 2023018976.533.39$640
Dec 202207176.415.73$407
Nov 20220085.005.65$0
Oct 202209987.185.86$581
Sep 202206184.888.16$498
Aug 202206594.529.13$593
Jul 2022048101.587.54$362
Jun 2022051115.097.98$407
May 20220127109.378.43$1,071
Apr 20220123104.226.84$841
Mar 2022055108.885.08$279
Feb 202207391.054.86$355
Jan 202204681.844.54$209
Dec 202104371.323.90$168
Nov 202104977.435.24$257
Oct 20210279.795.71$11
Sep 20210769.865.35$37
Aug 2021019366.024.22$815
Jul 2021011970.783.98$474
Jun 2021020269.493.38$683
May 2021017163.483.02$516
Apr 202103260.362.76$88
Mar 2021014061.302.72$380
Feb 2021016457.805.55$910
Jan 2021019750.412.81$554
Dec 202003844.642.68$102
Nov 202003438.772.71$92
Oct 202003936.972.48$97
Sep 202004537.091.99$90
Aug 202009239.982.39$219
Jul 202002038.371.83$37
Jun 202016534.901.69$145
May 2020022816.921.81$414
Apr 202007814.751.80$141
Mar 202005130.341.86$95
Feb 202006349.881.98$125
Jan 2020019957.252.09$417
Dec 201904759.012.30$108
Nov 2019120455.302.75$616
Oct 201909953.472.42$239
Sep 201901655.052.66$43
Aug 2019018953.112.30$436
Jul 201902956.272.46$71
Jun 201904852.782.49$120
May 201906158.482.74$167
Apr 201905562.632.75$151
Mar 2019115756.803.06$538
Feb 201902950.852.79$81
Jan 201902146.033.23$68
Dec 201804246.594.19$176
Nov 201814352.934.24$235
Oct 201805161.443.40$173
Sep 201804959.543.11$152
Aug 201806159.403.07$187
Jul 201816065.142.93$241
Jun 2018025160.183.08$772
May 201801565.382.90$44
Apr 20181663.842.90$81
Mar 201803061.222.79$84
Feb 2018020261.782.77$559
Jan 20180062.874.01$0
Dec 201705457.272.92$158
Nov 20170755.423.12$22
Oct 201707149.292.98$212
Sep 2017039047.523.09$1,204
Aug 20170045.373.00$0
Jul 2017034743.873.09$1,071
Jun 20170342.493.09$9
May 20170845.373.26$26
Apr 20170147.933.21$3
Mar 20170646.772.98$18
Feb 201704050.452.95$118
Jan 20170049.413.42$0
Dec 201602648.763.72$97
Nov 201605342.492.64$140
Oct 201605946.193.09$182
Sep 201615741.553.10$218
Aug 2016010341.442.92$301
Jul 2016011041.622.92$322
Jun 2016129145.352.69$827
May 201605342.521.99$106
Apr 201603436.561.99$68
Mar 201609733.011.79$174
Feb 2016054026.472.06$1,114
Jan 2016044027.352.36$1,040
Dec 2015028932.362.00$578
Nov 2015045238.792.17$980
Oct 2015067143.552.43$1,628
Sep 2015056842.992.76$1,567
Aug 2015171540.162.87$726
Jul 20151561148.152.95$2,522
Jun 2015011656.152.88$334
May 2015565855.212.96$2,221
Apr 2015046349.822.71$1,253
Mar 2015010042.892.93$293
Feb 20150044.662.98$0
Jan 201501,04643.433.10$3,243
Dec 2014038454.693.59$1,379
Nov 20140070.464.25$0
Oct 2014055378.303.90$2,157
Sep 201403686.164.05$146
Aug 2014057889.394.04$2,332
Jul 2014078996.564.18$3,298
Jun 201408198.164.74$384
May 201402394.734.73$109
Apr 2014052095.944.81$2,501
Mar 201401595.895.06$76
Feb 201405497.406.19$334
Jan 2014043690.404.86$2,119
Dec 2013038791.824.35$1,685
Nov 2013050288.853.74$1,877
Oct 20130697.423.78$23
Sep 2013027104.113.72$100
Aug 20130144104.253.52$507
Jul 20130302102.523.72$1,123
Jun 2013052094.403.93$2,045
May 201308094.834.15$332
Apr 2013027093.964.28$1,156
Mar 2013037493.623.91$1,463
Feb 201302891.233.42$96
Jan 2013034991.603.42$1,194
Dec 2012062986.773.42$2,151
Nov 2012030386.953.62$1,098
Oct 2012043189.383.40$1,465
Sep 201207994.672.92$231
Aug 2012061592.662.91$1,789
Jul 2012065485.133.02$1,976
Jun 201201679.822.52$40
May 2012063791.612.49$1,585
Apr 20120967101.652.00$1,931
Mar 201200105.052.22$0
Feb 20120200101.102.57$514
Jan 2012039798.092.73$1,085
Dec 2011017796.873.24$573
Nov 2011048195.723.31$1,593
Oct 2011055384.983.65$2,018
Sep 201104983.623.99$195
Aug 2011014083.404.15$581
Jul 2011047494.144.52$2,141
Jun 2011027992.904.64$1,295
May 2011032098.134.40$1,410
Apr 20110315105.964.33$1,365
Mar 2011030296.364.06$1,225
Feb 201101,33285.644.18$5,568
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010031080.843.80$1,177
Oct 2010025778.103.51$902
Sep 2010074872.633.98$2,977
Aug 2010034173.684.42$1,507
Jul 2010038872.554.74$1,838
Jun 2010028270.364.91$1,385
May 2010060171.124.24$2,545
Apr 2010025381.694.12$1,043
Mar 2010049178.394.39$2,155
Feb 2010045673.585.44$2,482
Jan 2010047174.365.96$2,809
Dec 2009035171.445.48$1,925
Nov 2009063974.593.75$2,397
Oct 2009039072.544.11$1,603
Sep 2009855865.543.06$2,234
Aug 2009051567.423.22$1,658
Jul 2009148061.133.46$1,724
Jun 2009037166.163.90$1,445
May 2009048054.743.93$1,884
Apr 2009043046.773.59$1,543
Mar 2009047842.144.06$1,940
Feb 2009037132.814.63$1,719
Jan 2009048835.865.37$2,621
Dec 2008051337.105.98$3,066
Nov 2008054255.496.86$3,718
Oct 2008082075.246.92$5,676
Sep 200851,093101.767.88$9,118
Aug 200821,652114.228.48$14,242
Jul 2008131,565131.0811.39$19,529
Jun 200861,786131.3313.03$24,064
May 2008161,925123.1711.57$24,251
Apr 2008182,026110.3110.45$23,167
Mar 200802,228101.909.66$21,532
Feb 200802,15692.538.77$18,909
Jan 200852,80190.388.21$23,436
Dec 2007133,28288.337.30$25,113
Nov 2007154,16091.677.29$31,709
Oct 2007195,91482.856.92$42,511
Sep 200781,76375.846.24$11,615
Aug 2007163,24469.066.39$21,827
Jul 2007469,88470.906.39$66,400
Jun 20072610,46562.007.55$80,607

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 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.45 =         $0
Gas                   85 Mcf  × $  1.66 =       $141

────────────────────────────────────────────────────
Month total                                     $141

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/231314 is the state's own key, not one this site invented.