VAQUILLAS RANCH A4

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 264320District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Dec 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
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 Gas112012-09-19207361
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
CondensateDisposition39 bbl$1,619
GasProduction928,906 Mcf$2,917,105
Total$2,918,724

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 27.5291, -99.0178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52913, -99.01783 · 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
12,312 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 12,312 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-4794151324712,312 ftFeb 2012

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 (174)

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

174 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 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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201803761.782.77$102
Jan 20180062.874.01$0
Dec 20170157.272.92$3
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 20170042.493.09$0
May 20170145.373.26$3
Apr 20170047.933.21$0
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 201611041.553.10$457
Aug 20163041.442.92$124
Jul 201651,95641.622.92$5,928
Jun 2016113,47345.352.69$9,827
May 201623,36242.521.99$6,779
Apr 201663,77736.561.99$7,740
Mar 201603,82733.011.79$6,866
Feb 201614,07726.472.06$8,440
Jan 201604,18627.352.36$9,897
Dec 201504,28932.362.00$8,584
Nov 201504,37638.792.17$9,484
Oct 201504,61943.552.43$11,208
Sep 201504,71042.992.76$12,992
Aug 201505,14940.162.87$14,790
Jul 201505,66648.152.95$16,687
Jun 201504,54756.152.88$13,108
May 201505,88555.212.96$17,393
Apr 201505,19049.822.71$14,047
Mar 201506,00742.892.93$17,629
Feb 201505,78644.662.98$17,220
Jan 201506,55743.433.10$20,331
Dec 201406,83754.693.59$24,554
Nov 201406,06370.464.25$25,779
Oct 201407,38378.303.90$28,801
Sep 201403,54086.164.05$14,321
Aug 201406,87689.394.04$27,745
Jul 201406,66896.564.18$27,870
Jun 201406,83698.164.74$32,381
May 201407,48094.734.73$35,355
Apr 201407,19295.944.81$34,587
Mar 201408,10095.895.06$40,960
Feb 201407,83397.406.19$48,502
Jan 201409,37690.404.86$45,574
Dec 201309,88691.824.35$43,048
Nov 2013010,04988.853.74$37,566
Oct 2013012,26897.423.78$46,365
Sep 2013011,723104.113.72$43,583
Aug 201309,940104.253.52$35,015
Jul 2013012,646102.523.72$47,015
Jun 2013013,49494.403.93$53,077
May 2013014,60594.834.15$60,597
Apr 2013014,63093.964.28$62,654
Mar 2013016,67693.623.91$65,251
Feb 2013015,66091.233.42$53,556
Jan 2013019,10691.603.42$65,341
Dec 2012019,47686.773.42$66,611
Nov 2012019,92586.953.62$72,227
Oct 2012022,75789.383.40$77,367
Sep 2012024,43894.672.92$71,320
Aug 2012028,53292.662.91$82,976
Jul 2012032,07485.133.02$96,889
Jun 2012036,67079.822.52$92,373
May 2012036,12791.612.49$89,896
Apr 2012040,809101.652.00$81,487
Mar 2012051,835105.052.22$115,182
Feb 2012052,309101.102.57$134,447
Jan 2012082,15198.092.73$224,607
Dec 20110149,45896.873.24$484,205

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.

Feb 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.78 =         $0
Gas                   37 Mcf  × $  2.77 =       $102

────────────────────────────────────────────────────
Month total                                     $102

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/264320 is the state's own key, not one this site invented.