VAQUILLAS BORREGO

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241635District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
May 2008 – Mar 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1988-05-03
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 2003-06-10.

The Commission's schedule remark for this field reads: AND 5% PER WELL.

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 Gas112009-08-31184816
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
CondensateDisposition3,338 bbl$327,784
GasProduction500,157 Mcf$4,292,844
Total$4,620,627

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 27.3029, -99.0611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30294, -99.06107 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,580 ft
1 wells filed one
Completion to plug
8.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,580 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Mar 2017
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794014129H9,580 ftNov 2008Mar 2017Yes

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 (107)

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

107 months

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 20160046.193.09$0
Sep 20160041.553.10$0
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 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20145095.944.81$480
Mar 2014822295.895.06$1,890
Feb 20141844397.406.19$4,496
Jan 2014894190.404.86$5,297
Dec 2013151,02391.824.35$5,832
Nov 2013111,31688.853.74$5,897
Oct 2013221,15497.423.78$6,505
Sep 201333574104.113.72$5,570
Aug 2013521,022104.253.52$9,021
Jul 2013341,701102.523.72$9,810
Jun 201301,76494.403.93$6,939
May 201341,21994.834.15$5,437
Apr 2013547293.964.28$2,491
Mar 2013955793.623.91$3,022
Feb 2013765191.233.42$2,865
Jan 2013550491.603.42$2,182
Dec 2012464886.773.42$2,563
Nov 20121155586.953.62$2,968
Oct 20121177389.383.40$3,611
Sep 2012484294.672.92$2,836
Aug 2012860792.662.91$2,507
Jul 2012101,20285.133.02$4,482
Jun 2012171,45679.822.52$5,025
May 201281,38091.612.49$4,167
Apr 2012221,361101.652.00$4,954
Mar 201241,223105.052.22$3,138
Feb 201214911101.102.57$3,757
Jan 2012111,52498.092.73$5,246
Dec 201171,58296.873.24$5,803
Nov 2011171,07595.723.31$5,187
Oct 201171,25784.983.65$5,181
Sep 2011101,33483.623.99$6,153
Aug 2011211,59083.404.15$8,349
Jul 201101,70094.144.52$7,679
Jun 2011101,88192.904.64$9,657
May 2011221,96998.134.40$10,832
Apr 2011262,048105.964.33$11,630
Mar 2011301,85896.364.06$10,429
Feb 201101,89285.644.18$7,909
Jan 2011301,80586.504.59$10,878
Dec 2010192,46185.734.35$12,329
Nov 2010292,49180.843.80$11,799
Oct 2010122,32978.103.51$9,109
Sep 201062,04472.633.98$8,570
Aug 2010492,66973.684.42$15,406
Jul 201003,13672.554.74$14,854
Jun 201002,40770.364.91$11,819
May 201083,31871.124.24$14,621
Apr 2010283,34981.694.12$16,094
Mar 2010203,63478.394.39$17,516
Feb 2010102,48673.585.44$14,266
Jan 2010212,94474.365.96$19,120
Dec 2009213,50771.445.48$20,732
Nov 2009142,78574.593.75$11,492
Oct 2009283,81272.544.11$17,699
Sep 2009144,51965.543.06$14,767
Aug 2009294,84867.423.22$17,558
Jul 2009495,58661.133.46$22,348
Jun 2009335,95066.163.90$25,359
May 2009376,98754.743.93$29,455
Apr 2009737,56046.773.59$30,536
Mar 2009299,89342.144.06$41,378
Feb 2009949,25632.814.63$45,967
Jan 200910613,75235.865.37$77,663
Dec 200810916,49337.105.98$102,625
Nov 200813314,12555.496.86$104,283
Oct 200812821,90275.246.92$161,236
Sep 200819334,773101.767.88$293,550
Aug 200819331,701114.228.48$290,965
Jul 200857362,341131.0811.39$785,137
Jun 2008646122,809131.3313.03$1,685,363
May 20089438,254123.1711.57$454,341

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 2014 — as filed, then multipliedworked
Condensate             5 bbl  × $ 95.94 =       $480
Gas                    0 Mcf  × $  4.81 =         $0

────────────────────────────────────────────────────
Month total                                     $480

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/241635 is the state's own key, not one this site invented.