VAQUILLAS RANCH A1

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 261296District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Mar 2011 – Dec 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 Gas112017-01-27219649
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
CondensateDisposition13,714 bbl$1,190,286
GasProduction1,114,274 Mcf$3,992,479
Total$5,182,765

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 27.6078, -99.0295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60777, -99.02954 · 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
10,229 ft
1 wells filed one
Completion to plug
13.8 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 10,229 ft.

Completions filed
Mar 2011
1 of 1 wells
Plug dates filed
Dec 2024
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4794107923910,229 ftMar 2011Dec 2024Yes

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 (166)

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

166 months

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 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 201924046.033.23$1,105
Dec 201810311846.594.19$5,293
Nov 20189211052.934.24$5,336
Oct 201811311661.443.40$7,337
Sep 20189210859.543.11$5,813
Aug 2018819259.403.07$5,094
Jul 20181009865.142.93$6,801
Jun 2018718360.183.08$4,528
May 2018818665.382.90$5,545
Apr 20189210063.842.90$6,163
Mar 20189110061.222.79$5,850
Feb 20189110761.782.77$5,918
Jan 20188911362.874.01$6,048
Dec 2017374357.272.92$2,245
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 201717042.493.09$722
May 201712312545.373.26$5,988
Apr 20172451,97847.933.21$18,095
Mar 2017326,24946.772.98$20,142
Feb 2017415,81350.452.95$19,232
Jan 2017725,91549.413.42$23,780
Dec 2016917,10048.763.72$30,869
Nov 2016446,90742.492.64$20,134
Oct 2016457,58746.193.09$25,524
Sep 2016366,65541.553.10$22,130
Aug 2016357,86341.442.92$24,444
Jul 2016387,30541.622.92$22,944
Jun 2016317,15945.352.69$20,634
May 2016418,33142.521.99$18,331
Apr 2016617,51336.561.99$17,189
Mar 20161229,64433.011.79$21,329
Feb 201610210,71826.472.06$24,818
Jan 20167312,36727.352.36$31,237
Dec 2015615,83932.362.00$13,660
Nov 2015506,29838.792.17$15,589
Oct 2015496,02643.552.43$16,757
Sep 201506,80942.992.76$18,782
Aug 201506,89940.162.87$19,817
Jul 201505,35348.152.95$15,765
Jun 201503,42156.152.88$9,862
May 201503,19255.212.96$9,434
Apr 201502,94849.822.71$7,979
Mar 201502,40342.892.93$7,052
Feb 201502,92644.662.98$8,708
Jan 201502,10243.433.10$6,518
Dec 201402,41254.693.59$8,662
Nov 201402,54870.464.25$10,834
Oct 201403,24578.303.90$12,659
Sep 201403,85286.164.05$15,583
Aug 201408,29689.394.04$33,475
Jul 201408,70596.564.18$36,383
Jun 201409,24198.164.74$43,774
May 2014010,04394.734.73$47,469
Apr 201409,57695.944.81$46,052
Mar 201409,65195.895.06$48,803
Feb 201408,88497.406.19$55,010
Jan 201409,68990.404.86$47,096
Dec 201308,88791.824.35$38,698
Nov 201303,82788.853.74$14,306
Oct 20130097.423.78$0
Sep 2013837,334104.113.72$35,907
Aug 201366910,533104.253.52$106,847
Jul 201364110,471102.523.72$104,644
Jun 201353011,08694.403.93$93,638
May 201367612,17794.834.15$114,628
Apr 201330811,61193.964.28$78,665
Mar 201335012,68293.623.91$82,390
Feb 201311311,54191.233.42$49,778
Jan 2013013,34891.603.42$45,649
Dec 2012013,92386.773.42$47,619
Nov 2012014,03986.953.62$50,891
Oct 2012017,48689.383.40$59,447
Sep 2012017,27794.672.92$50,421
Aug 20121019,77292.662.91$58,427
Jul 201216721,53985.133.02$79,282
Jun 201210422,57779.822.52$65,174
May 201212222,94291.612.49$68,263
Apr 201218623,903101.652.00$66,636
Mar 2012025,898105.052.22$57,547
Feb 2012028,485101.102.57$73,213
Jan 2012035,06898.092.73$95,879
Dec 20118241,73096.873.24$143,138
Nov 201176734,35695.723.31$187,180
Oct 201174139,91584.983.65$208,602
Sep 201161845,11083.623.99$231,477
Aug 201152655,02883.404.15$272,197
Jul 201120938,04794.144.52$191,543
Jun 201187270,69492.904.64$409,020
May 20112,223102,14698.134.40$668,078
Apr 20111,02049,823105.964.33$323,976
Mar 201113115896.364.06$13,264

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.

Jan 2019 — as filed, then multipliedworked
Condensate            24 bbl  × $ 46.03 =     $1,105
Gas                    0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $1,105

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/261296 is the state's own key, not one this site invented.