VAQUILLAS-STATE

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TIFFANY (WILCOX CARRIZO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248968District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Apr 2009 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
206
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1983-10-25
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2006-08-08.

The Commission's schedule remark for this field reads: PER DOCKET #04-0260608 TAKE POINTS ADDED FOR HORIZONTAL WELLS.

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 Gas112010-01-28195672
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
CondensateDisposition20,648 bbl$1,491,999
GasProduction2,404,326 Mcf$9,167,717
Total$10,659,716

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 27.3819, -99.0432. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38189, -99.04319 · 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
9,645 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 9,645 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-479405022H9,645 ftApr 2009

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 (206)

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

206 months

May 2026152,035106.413.05$7,794
Apr 202602,01798.932.87$5,788
Mar 202672,06689.753.15$7,135
Feb 202651,85663.503.75$7,278
Jan 20261442,07959.138.00$25,142
Dec 202571,98156.664.41$9,139
Nov 202502,20458.593.93$8,654
Oct 202501,77359.383.30$5,859
Sep 2025099562.743.08$3,062
Aug 2025162,01563.933.01$7,098
Jul 2025132,01266.743.32$7,538
Jun 202501,99966.483.13$6,254
May 202502,09460.553.23$6,768
Apr 2025111,99962.363.54$7,769
Mar 202582,03767.704.27$9,236
Feb 202501,71270.884.34$7,432
Jan 202502,12674.324.28$9,096
Dec 202452,21968.993.12$7,271
Nov 202432,18369.052.20$5,006
Oct 202492,22971.372.28$5,728
Sep 202402,21769.612.36$5,242
Aug 202402,38375.632.06$4,918
Jul 202422,38079.932.15$5,269
Jun 202462,26978.082.63$6,445
May 202402,43478.812.20$5,351
Apr 2024112,39484.451.66$4,901
Mar 2024802,56480.301.55$10,386
Feb 202452,36476.091.78$4,597
Jan 202402,57373.023.30$8,485
Dec 2023192,60671.262.61$8,157
Nov 202362,61777.892.81$7,815
Oct 202302,92485.443.09$9,027
Sep 202362,98989.042.74$8,709
Aug 202363,17980.522.67$8,980
Jul 202363,17474.852.64$8,834
Jun 202373,17268.962.26$7,647
May 202363,30270.622.23$7,779
Apr 202373,22978.122.24$7,773
Mar 2023993,29772.852.39$15,102
Feb 202372,99675.112.47$7,913
Jan 2023143,29776.533.39$12,241
Dec 202203,30476.415.73$18,929
Nov 2022123,24585.005.65$19,342
Oct 202263,37887.185.86$20,331
Sep 202203,24384.888.16$26,475
Aug 202203,44094.529.13$31,397
Jul 202263,546101.587.54$27,354
Jun 2022263,554115.097.98$31,343
May 202263,580109.378.43$30,847
Apr 2022113,456104.226.84$24,777
Mar 202253,639108.885.08$19,017
Feb 202253,12791.054.86$15,649
Jan 202293,11781.844.54$14,881
Dec 202193,05971.323.90$12,569
Nov 202192,91477.435.24$15,957
Oct 202193,05179.795.71$18,151
Sep 2021102,92169.865.35$16,329
Aug 202153,13366.024.22$13,553
Jul 202143,15570.783.98$12,847
Jun 202193,24169.493.38$11,582
May 202163,52663.483.02$11,021
Apr 202103,60560.362.76$9,944
Mar 2021102,88861.302.72$8,460
Feb 202103,11557.805.55$17,282
Jan 2021193,47350.412.81$10,718
Dec 2020123,47844.642.68$9,841
Nov 202063,51238.772.71$9,738
Oct 202063,85336.972.48$9,771
Sep 202073,91237.091.99$8,049
Aug 202063,11239.982.39$7,662
Jul 202063,89838.371.83$7,345
Jun 202004,16334.901.69$7,037
May 202003,94116.921.81$7,152
Apr 2020993,75014.751.80$8,227
Mar 202064,01730.341.86$7,639
Feb 202053,75249.881.98$7,681
Jan 202003,81357.252.09$7,987
Dec 201953,93159.012.30$9,353
Nov 201943,07755.302.75$8,685
Oct 2019573,84553.472.42$12,347
Sep 201903,69255.052.66$9,811
Aug 201993,73053.112.30$9,073
Jul 201973,79656.272.46$9,732
Jun 201992,84152.782.49$7,553
May 2019288958.482.74$2,553
Apr 201922,00262.632.75$5,632
Mar 201961,32056.803.06$4,383
Feb 201902,49350.852.79$6,961
Jan 2019103,57746.033.23$12,008
Dec 201805,24646.594.19$21,957
Nov 2018104,50752.934.24$19,627
Oct 201864,78161.443.40$16,615
Sep 201804,73659.543.11$14,719
Aug 2018204,33059.403.07$14,466
Jul 201804,89665.142.93$14,354
Jun 201864,41960.183.08$13,958
May 20181024,66265.382.90$20,192
Apr 201864,77163.842.90$14,223
Mar 201875,05461.222.79$14,513
Feb 201804,60961.782.77$12,749
Jan 201845,19162.874.01$21,064
Dec 201785,24657.272.92$15,784
Nov 2017565,16255.423.12$19,200
Oct 20171044,87349.292.98$19,666
Sep 201705,01647.523.09$15,486
Aug 2017655,47645.373.00$19,401
Jul 20171785,24043.873.09$23,986
Jun 201704,95942.493.09$15,310
May 201704,70645.373.26$15,358
Apr 201705,19847.933.21$16,694
Mar 20171675,43946.772.98$24,039
Feb 201704,67850.452.95$13,812
Jan 201705,14849.413.42$17,600
Dec 201605,14748.763.72$19,161
Nov 20161865,61242.492.64$22,743
Oct 201604,60046.193.09$14,215
Sep 201604,52741.553.10$14,037
Aug 201604,86241.442.92$14,218
Jul 20161715,15141.622.92$22,180
Jun 201604,58845.352.69$12,323
May 201604,57942.521.99$9,117
Apr 201604,59736.561.99$9,153
Mar 20161765,21133.011.79$15,158
Feb 201604,81226.472.06$9,930
Jan 201605,62227.352.36$13,292
Dec 2015485,55632.362.00$12,673
Nov 20151855,60638.792.17$19,326
Oct 201505,89543.552.43$14,305
Sep 201506,16642.992.76$17,008
Aug 20151776,99440.162.87$27,199
Jul 201506,36748.152.95$18,751
Jun 201506,62656.152.88$19,102
May 20151837,18155.212.96$31,327
Apr 201506,03149.822.71$16,323
Mar 20151746,57542.892.93$26,759
Feb 201506,16844.662.98$18,357
Jan 201506,91143.433.10$21,428
Dec 2014606,86854.693.59$27,947
Nov 20141776,28070.464.25$39,173
Oct 2014105,70078.303.90$23,018
Sep 20141936,73386.164.05$43,867
Aug 201406,75989.394.04$27,273
Jul 201407,08596.564.18$29,612
Jun 20141666,80298.164.74$48,515
May 20141957,08994.734.73$51,979
Apr 201407,89295.944.81$37,954
Mar 2014178,40195.895.06$44,112
Feb 20142077,64897.406.19$67,518
Jan 2014188,51790.404.86$43,026
Dec 2013169,02891.824.35$40,781
Nov 20132047,05788.853.74$44,506
Oct 2013119,21497.423.78$35,895
Sep 2013219,292104.113.72$36,732
Aug 201309,681104.253.52$34,102
Jul 201319710,054102.523.72$57,575
Jun 201379,87394.403.93$39,495
May 201319210,44494.834.15$61,540
Apr 201318710,24793.964.28$61,454
Mar 2013010,62693.623.91$41,578
Feb 20131899,77991.233.42$50,686
Jan 2013811,00191.603.42$38,355
Dec 201218211,22386.773.42$54,177
Nov 201217711,39286.953.62$56,686
Oct 201218912,02089.383.40$57,757
Sep 2012711,90494.672.92$35,403
Aug 201218412,53592.662.91$53,503
Jul 201219313,26385.133.02$56,495
Jun 2012812,65879.822.52$32,525
May 201219113,64691.612.49$51,453
Apr 201218113,802101.652.00$45,958
Mar 201218514,937105.052.22$52,625
Feb 20127513,928101.102.57$43,381
Jan 201219416,85998.092.73$65,123
Dec 201116816,26196.873.24$68,956
Nov 201118417,73595.723.31$76,338
Oct 201117619,08384.983.65$84,582
Sep 201117419,32983.623.99$91,591
Aug 201119419,76683.404.15$98,195
Jul 201118620,96894.144.52$112,228
Jun 201117921,54992.904.64$116,614
May 201117122,04498.134.40$113,880
Apr 201135922,903105.964.33$137,285
Mar 201121424,19696.364.06$118,792
Feb 201117822,10885.644.18$107,655
Jan 201136425,31586.504.59$147,651
Dec 201021725,94785.734.35$131,414
Nov 201019726,77380.843.80$117,538
Oct 201033629,51678.103.51$129,810
Sep 201018228,15572.633.98$125,261
Aug 201037932,10873.684.42$169,822
Jul 201020234,80772.554.74$179,518
Jun 201035236,30070.364.91$203,014
May 201040041,14071.124.24$202,685
Apr 201036242,77381.694.12$205,912
Mar 201051747,04078.394.39$246,971
Feb 201037048,20673.585.44$289,579
Jan 201047450,92774.365.96$338,980
Dec 200952954,80071.445.48$338,301
Nov 200936154,70174.593.75$232,138
Oct 200971360,30772.544.11$299,598
Sep 200970664,85065.543.06$245,020
Aug 200967774,34167.423.22$284,910
Jul 200970371,15661.133.46$289,494
Jun 2009870103,85166.163.90$462,059
May 20091,412179,98654.743.93$783,873
Apr 20091,292174,32646.773.59$685,821

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.

May 2026 — as filed, then multipliedworked
Condensate            15 bbl  × $106.41 =     $1,596
Gas                2,035 Mcf  × $  3.05 =     $6,198

────────────────────────────────────────────────────
Month total                                   $7,794

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/248968 is the state's own key, not one this site invented.