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VAQUILLAS

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 264308District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.4 M
Aug 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
no gaps in the span
Streams
2
condensate, gas

The TIFFANY (WILCOX CARRIZO) field

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 Gas222012-09-28 – 2013-05-222 dockets
NGPA2none——

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
CondensateDisposition63,120 bbl$5,181,826
GasProduction5,235,887 Mcf$17,191,667
Total$22,373,494

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 27.4018, -99.0287. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40181, -99.02871 · 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
9,658 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 9,658 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-4794133916H9,658 ftAug 2011——

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 (178)

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

178 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 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 20210469.865.35$21
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202101169.493.38$37
May 202101063.483.02$30
Apr 202102160.362.76$58
Mar 202151561.302.72$347
Feb 202101357.805.55$72
Jan 2021149050.412.81$7,511
Dec 202092144.642.68$458
Nov 2020133,56638.772.71$10,156
Oct 20202019,88236.972.48$31,923
Sep 2020147,05037.091.99$14,556
Aug 2020169,65739.982.39$23,673
Jul 202020710,19938.371.83$26,557
Jun 202009,95134.901.69$16,820
May 2020010,23116.921.81$18,567
Apr 202022210,29314.751.80$21,847
Mar 202020710,52530.341.86$25,817
Feb 2020159,96249.881.98$20,480
Jan 202019310,30957.252.09$32,644
Dec 2019359,57459.012.30$24,127
Nov 20192089,78655.302.75$38,421
Oct 20192210,29753.472.42$26,080
Sep 201918810,79955.052.66$39,045
Aug 2019249,57153.112.30$23,330
Jul 201913411,90856.272.46$36,835
Jun 201922711,93152.782.49$41,704
May 201921412,50558.482.74$46,782
Apr 20191311,90962.632.75$33,572
Mar 201921012,05656.803.06$48,845
Feb 2019011,32250.852.79$31,614
Jan 201922712,93746.033.23$52,212
Dec 201818915,60846.594.19$74,132
Nov 20183213,64752.934.24$59,519
Oct 201820714,51761.443.40$62,048
Sep 2018014,12459.543.11$43,897
Aug 201817411,77559.403.07$46,444
Jul 201818914,54865.142.93$54,964
Jun 201820612,49360.183.08$50,837
May 201821113,27865.382.90$52,312
Apr 201839613,29863.842.90$63,855
Mar 20181914,16461.222.79$40,636
Feb 20189212,95861.782.77$41,527
Jan 201822014,03462.874.01$70,098
Dec 201722015,89357.272.92$59,031
Nov 201719215,39355.423.12$58,642
Oct 201722015,55549.292.98$57,255
Sep 201719515,48447.523.09$57,070
Aug 201775717,16945.373.00$85,928
Jul 2017016,04843.873.09$49,545
Jun 201719315,87842.493.09$57,220
May 201719416,11145.373.26$61,378
Apr 201719416,38447.933.21$61,917
Mar 201739016,87146.772.98$68,578
Feb 201719415,86350.452.95$56,624
Jan 2017019,73449.413.42$67,467
Dec 201639018,73548.763.72$88,764
Nov 201617918,35342.492.64$56,137
Oct 201619618,80746.193.09$67,172
Sep 201619416,82241.553.10$60,220
Aug 201638616,52941.442.92$64,332
Jul 201619317,13441.622.92$58,138
Jun 201619418,24545.352.69$57,801
May 201619318,87242.521.99$45,781
Apr 201619418,69636.561.99$44,317
Mar 201639320,40333.011.79$49,576
Feb 201619719,05626.472.06$44,539
Jan 201619720,13227.352.36$52,987
Dec 201536022,04832.362.00$55,777
Nov 201538521,99638.792.17$62,607
Oct 201519623,36043.552.43$65,221
Sep 201538423,92942.992.76$82,514
Aug 201519225,46140.162.87$80,847
Jul 201538826,51548.152.95$96,771
Jun 201537726,78756.152.88$98,392
May 201538229,36455.212.96$107,874
Apr 201537728,16749.822.71$95,018
Mar 201519129,01942.892.93$93,354
Feb 201538127,65144.662.98$99,310
Jan 201558129,84443.433.10$117,768
Dec 201439032,32754.693.59$137,427
Nov 201437932,42870.464.25$164,583
Oct 201438433,22778.303.90$159,684
Sep 201456938,55786.164.05$205,005
Aug 201435040,99789.394.04$196,714
Jul 201438244,77396.564.18$224,019
Jun 201476943,84098.164.74$283,150
May 201456648,92694.734.73$284,869
Apr 201457947,99995.944.81$286,382
Mar 201472354,59895.895.06$345,420
Feb 201439151,29197.406.19$355,677
Jan 201458358,09090.404.86$335,062
Dec 201378958,46691.824.35$327,035
Nov 201321252,94688.853.74$216,763
Oct 201359258,93697.423.78$280,413
Sep 201379361,967104.113.72$312,936
Aug 201374764,962104.253.52$306,711
Jul 201377068,866102.523.72$334,966
Jun 201396768,24594.403.93$359,720
May 201378170,72594.834.15$367,506
Apr 201397077,08193.964.28$421,248
Mar 201377181,62293.623.91$391,557
Feb 201398676,56591.233.42$351,798
Jan 20131,16388,07891.603.42$407,750
Dec 20121,12491,69786.773.42$411,148
Nov 20121,16894,92586.953.62$445,657
Oct 20121,357106,44289.383.40$483,157
Sep 20121,363113,70394.672.92$460,866
Aug 20121,330127,63392.662.91$494,415
Jul 20121,667136,70685.133.02$554,873
Jun 20121,289126,95479.822.52$422,690
May 20122,137159,56591.612.49$592,819
Apr 20122,097167,099101.652.00$546,823
Mar 20122,196184,072105.052.22$639,713
Feb 20122,001181,113101.102.57$667,805
Jan 20122,473209,16498.092.73$814,448
Dec 20112,655202,52696.873.24$913,321
Nov 20112,988245,06295.723.31$1,097,480
Oct 20112,810241,67584.983.65$1,120,555
Sep 20113,191242,19783.623.99$1,232,180
Aug 20111,131116,77583.404.15$578,862

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.

Sep 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.86 =         $0
Gas                    4 Mcf  × $  5.35 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/264308 is the state's own key, not one this site invented.