VAQUILLAS

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

Gas lease lease 256624District 04Field 687784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jun 2010 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
192
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
2006-01-15
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 2006-06-06.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2008.

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 Gas112010-08-16199092
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
CondensateDisposition8,073 bbl$638,233
GasProduction874,538 Mcf$3,112,517
Total$3,750,751

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 27.3802, -99.0273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.38019, -99.02734 · 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
8,225 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 8,225 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-47940892118,225 ftJun 2010

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 (192)

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

192 months

May 2026191,024106.413.05$5,141
Apr 2026095998.932.87$2,752
Mar 2026497989.753.15$3,442
Feb 20262189663.503.75$4,694
Jan 20261897959.138.00$8,894
Dec 2025492256.664.41$4,296
Nov 2025095458.593.93$3,746
Oct 2025097059.383.30$3,206
Sep 2025098162.743.08$3,018
Aug 20252198263.933.01$4,303
Jul 20252295766.743.32$4,641
Jun 2025088566.483.13$2,769
May 2025083360.553.23$2,693
Apr 2025581462.363.54$3,196
Mar 2025481667.704.27$3,754
Feb 2025082270.884.34$3,568
Jan 2025088974.324.28$3,804
Dec 202431,03168.993.12$3,425
Nov 202471,01169.052.20$2,706
Oct 202471,01771.372.28$2,820
Sep 202401,01069.612.36$2,388
Aug 202401,03775.632.06$2,140
Jul 2024101,16279.932.15$3,294
Jun 2024181,05178.082.63$4,174
May 202401,08278.812.20$2,379
Apr 20246299284.451.66$6,882
Mar 2024251,01280.301.55$3,571
Feb 20242996176.091.78$3,921
Jan 202401,07873.023.30$3,555
Dec 2023891,15771.262.61$9,363
Nov 2023281,07477.892.81$5,196
Oct 202301,17285.443.09$3,618
Sep 2023261,13889.042.74$5,428
Aug 2023301,21780.522.67$5,668
Jul 2023311,18174.852.64$5,440
Jun 2023291,11868.962.26$4,525
May 2023301,18970.622.23$4,767
Apr 2023331,13378.122.24$5,113
Mar 2023541,15872.852.39$6,705
Feb 2023311,06075.112.47$4,942
Jan 2023621,20076.533.39$8,810
Dec 202201,23176.415.73$7,053
Nov 2022521,22685.005.65$11,342
Oct 2022251,29787.185.86$9,785
Sep 202201,21184.888.16$9,886
Aug 202201,36394.529.13$12,440
Jul 2022201,484101.587.54$13,224
Jun 2022771,568115.097.98$21,370
May 2022241,785109.378.43$17,678
Apr 2022501,758104.226.84$17,232
Mar 2022251,861108.885.08$12,169
Feb 2022261,70691.054.86$10,656
Jan 2022481,88881.844.54$12,495
Dec 2021481,90171.323.90$10,836
Nov 2021461,74177.435.24$12,679
Oct 2021451,80679.795.71$13,910
Sep 2021461,72569.865.35$12,444
Aug 2021231,77866.024.22$9,023
Jul 2021222,10070.783.98$9,920
Jun 2021371,81969.493.38$8,720
May 2021241,88663.483.02$7,215
Apr 202101,87460.362.76$5,169
Mar 2021411,89561.302.72$7,662
Feb 202101,76157.805.55$9,770
Jan 2021551,42650.412.81$6,780
Dec 2020341,31744.642.68$5,041
Nov 2020171,29138.772.71$4,153
Oct 2020171,34036.972.48$3,950
Sep 2020171,25537.091.99$3,129
Aug 2020201,33939.982.39$3,993
Jul 2020171,38338.371.83$3,176
Jun 202001,40034.901.69$2,366
May 202001,52816.921.81$2,773
Apr 2020471,55014.751.80$3,490
Mar 2020211,50130.341.86$3,423
Feb 2020251,47349.881.98$4,165
Jan 202001,64957.252.09$3,454
Dec 2019241,37359.012.30$4,580
Nov 2019221,32255.302.75$4,853
Oct 2019301,52253.472.42$5,285
Sep 201901,62955.052.66$4,329
Aug 2019341,61353.112.30$5,523
Jul 2019261,60856.272.46$5,419
Jun 2019411,46052.782.49$5,801
May 2019282,07358.482.74$7,318
Apr 2019152,09062.632.75$6,688
Mar 2019302,29656.803.06$8,735
Feb 201901,78650.852.79$4,987
Jan 2019332,19446.033.23$8,602
Dec 201802,67646.594.19$11,200
Nov 2018341,61452.934.24$8,639
Oct 20181011,75361.443.40$12,162
Sep 201801,73259.543.11$5,383
Aug 2018192,09159.403.07$7,541
Jul 201801,88965.142.93$5,538
Jun 2018591,85560.183.08$9,258
May 2018102,73565.382.90$8,587
Apr 201882,89263.842.90$8,900
Mar 2018113,22461.222.79$9,658
Feb 201803,69561.782.77$10,221
Jan 201822,63262.874.01$10,678
Dec 201751557.272.92$330
Nov 201702,02755.423.12$6,321
Oct 20171922,76149.292.98$17,702
Sep 201701,70747.523.09$5,270
Aug 20171681,85045.373.00$13,180
Jul 201701043.873.09$31
Jun 2017018142.493.09$559
May 2017183,50045.373.26$12,239
Apr 2017921347.933.21$1,115
Mar 2017834946.772.98$1,415
Feb 2017033850.452.95$998
Jan 201701,16049.413.42$3,966
Dec 2016293,38748.763.72$14,023
Nov 201694,45142.492.64$12,152
Oct 201604,64746.193.09$14,360
Sep 201604,73841.553.10$14,691
Aug 201604,93141.442.92$14,420
Jul 201603,61341.622.92$10,566
Jun 2016164,73345.352.69$13,438
May 2016195,14542.521.99$11,052
Apr 201606,31936.561.99$12,581
Mar 2016266,25333.011.79$12,076
Feb 201606,18026.472.06$12,753
Jan 201606,60827.352.36$15,624
Dec 20151195,53532.362.00$14,929
Nov 201505,31338.792.17$11,515
Oct 201504,79943.552.43$11,645
Sep 201505,38542.992.76$14,854
Aug 201505,39640.162.87$15,500
Jul 2015485,88348.152.95$19,637
Jun 2015535,85256.152.88$19,846
May 201506,68155.212.96$19,745
Apr 2015414,16249.822.71$13,307
Mar 201504,39842.892.93$12,907
Feb 20152072,31144.662.98$16,123
Jan 201503,08943.433.10$9,578
Dec 201462,27654.693.59$8,502
Nov 201401,82170.464.25$7,743
Oct 201442,31878.303.90$9,356
Sep 201432,07386.164.05$8,645
Aug 201401,81989.394.04$7,340
Jul 201402,24796.564.18$9,392
Jun 20141332,32298.164.74$24,054
May 201432,51894.734.73$12,186
Apr 201403,04395.944.81$14,634
Mar 201443,45895.895.06$17,870
Feb 20141824,36997.406.19$44,780
Jan 201453,97890.404.86$19,788
Dec 201354,41991.824.35$19,702
Nov 2013103,25988.853.74$13,072
Oct 20131864,89397.423.78$36,613
Sep 201375,249104.113.72$20,243
Aug 201304,853104.253.52$17,095
Jul 201325,829102.523.72$21,876
Jun 201336,05894.403.93$24,112
May 20131806,29794.834.15$43,196
Apr 201306,62693.964.28$28,376
Mar 20131487,34093.623.91$42,576
Feb 201377,02891.233.42$24,674
Jan 20131898,55591.603.42$46,570
Dec 201207,68986.773.42$26,298
Nov 201237,69486.953.62$28,151
Oct 20121628,37589.383.40$42,952
Sep 201248,29794.672.92$24,593
Aug 20121768,58392.662.91$41,269
Jul 201238,99385.133.02$27,421
Jun 201218113,66279.822.52$48,863
May 2012912,99291.612.49$33,153
Apr 201218513,390101.652.00$45,542
Mar 201216515,267105.052.22$51,258
Feb 201215719,827101.102.57$66,833
Jan 2012022,29198.092.73$60,945
Dec 201134619,46696.873.24$96,582
Nov 201117423,44395.723.31$94,282
Oct 201116127,14984.983.65$112,736
Sep 201117629,80783.623.99$133,522
Aug 201133033,85283.404.15$167,985
Jul 201117535,60494.144.52$177,306
Jun 201134729,39692.904.64$168,630
May 201117817,76298.134.40$95,706
Apr 201101,361105.964.33$5,898
Mar 201103,93196.364.06$15,949
Feb 201107,52585.644.18$31,454
Jan 201117810,03086.504.59$61,422
Dec 2010010,66985.734.35$46,386
Nov 2010011,78980.843.80$44,743
Oct 201018114,03378.103.51$63,376
Sep 201018011,22172.633.98$57,727
Aug 2010014,35673.684.42$63,444
Jul 201018020,17272.554.74$108,603
Jun 201018020,57170.364.91$113,677

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            19 bbl  × $106.41 =     $2,022
Gas                1,024 Mcf  × $  3.05 =     $3,119

────────────────────────────────────────────────────
Month total                                   $5,141

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/256624 is the state's own key, not one this site invented.