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 265594District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Sep 2011 – May 2026
Value, last 12 filed months
$380 k
at the published price for each month
Months reported
177
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 Gas112013-01-15205571
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
CondensateDisposition30,806 bbl$2,452,939
GasProduction4,659,215 Mcf$15,495,742
Total$17,948,681

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 27.3997, -99.0295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39972, -99.02946 · 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
9,647 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 9,647 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-4794107218H9,647 ftSep 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 (177)

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

177 months

May 2026547,618106.413.05$28,949
Apr 202607,32998.932.87$21,032
Mar 20262057,52289.753.15$42,089
Feb 2026226,90563.503.75$27,293
Jan 2026437,60259.138.00$63,343
Dec 2025307,21956.664.41$33,560
Nov 202507,20358.593.93$28,282
Oct 202507,19859.383.30$23,788
Sep 202507,26762.743.08$22,360
Aug 20252377,39463.933.01$37,443
Jul 2025547,49666.743.32$28,455
Jun 202507,41466.483.13$23,196
May 202507,68760.553.23$24,847
Apr 2025437,36362.363.54$28,769
Mar 20251987,84667.704.27$46,894
Feb 202507,14170.884.34$30,998
Jan 202507,73274.324.28$33,083
Dec 2024208,09468.993.12$26,644
Nov 202467,89569.052.20$17,771
Oct 20242178,07071.372.28$33,898
Sep 202407,52669.612.36$17,794
Aug 202407,86275.632.06$16,224
Jul 2024147,91979.932.15$18,118
Jun 2024197,52978.082.63$21,315
May 202407,89778.812.20$17,361
Apr 20242117,67484.451.66$30,552
Mar 202408,08180.301.55$12,486
Feb 2024167,49976.091.78$14,593
Jan 202408,11173.023.30$26,747
Dec 2023517,94871.262.61$24,384
Nov 2023177,92477.892.81$23,571
Oct 20231798,42685.443.09$41,307
Sep 2023157,90789.042.74$22,962
Aug 2023178,17880.522.67$23,228
Jul 2023168,09774.852.64$22,588
Jun 20231997,99068.962.26$31,768
May 2023178,37970.622.23$19,864
Apr 2023198,18078.122.24$19,789
Mar 2023338,53572.852.39$22,830
Feb 2023197,70375.112.47$20,420
Jan 20232199,13876.533.39$47,717
Dec 202209,19976.415.73$52,702
Nov 2022338,65185.005.65$51,650
Oct 2022168,83287.185.86$53,184
Sep 202208,35784.888.16$68,224
Aug 202208,69294.529.13$79,333
Jul 2022168,978101.587.54$69,338
Jun 2022648,329115.097.98$73,808
May 20221989,641109.378.43$102,958
Apr 2022339,119104.226.84$65,791
Mar 2022169,442108.885.08$49,673
Feb 2022179,29991.054.86$46,730
Jan 202221911,21881.844.54$68,827
Dec 20213210,23171.323.90$42,174
Nov 2021329,95877.435.24$54,626
Oct 20212109,95079.795.71$73,609
Sep 2021329,77769.865.35$54,551
Aug 20211610,09166.024.22$43,646
Jul 20211610,25470.783.98$41,965
Jun 202121310,39069.493.38$49,926
May 20219610,61163.483.02$38,115
Apr 2021010,36860.362.76$28,599
Mar 20213510,73661.302.72$31,315
Feb 202109,77457.805.55$54,226
Jan 202110310,96450.412.81$36,004
Dec 20203610,98644.642.68$31,000
Nov 20201710,73238.772.71$29,706
Oct 202020911,23436.972.48$35,569
Sep 20201810,83237.091.99$22,235
Aug 202010211,43139.982.39$31,342
Jul 20201811,72238.371.83$22,085
Jun 2020011,53834.901.69$19,503
May 2020011,66916.921.81$21,176
Apr 202022911,65614.751.80$24,410
Mar 20201711,83630.341.86$22,486
Feb 20201811,52549.881.98$23,725
Jan 2020012,52357.252.09$26,232
Dec 201918811,87959.012.30$38,467
Nov 20191811,67555.302.75$33,110
Oct 201919113,05153.472.42$41,777
Sep 2019012,83155.052.66$34,096
Aug 20193313,49353.112.30$32,845
Jul 201921313,87256.272.46$46,111
Jun 20194413,85752.782.49$36,843
May 20192914,32058.482.74$40,937
Apr 201920413,70462.632.75$50,472
Mar 20193314,64456.803.06$46,716
Feb 2019013,52150.852.79$37,754
Jan 201923515,21546.033.23$59,934
Dec 2018018,15746.594.19$75,995
Nov 20183715,77752.934.24$68,809
Oct 201820816,42261.443.40$68,583
Sep 201819516,08059.543.11$61,587
Aug 20181613,73459.403.07$43,067
Jul 2018114,57365.142.93$42,791
Jun 20187513,45160.183.08$45,901
May 20182114,43065.382.90$43,232
Apr 201821413,84863.842.90$53,832
Mar 201810815,13461.222.79$48,788
Feb 2018014,07061.782.77$38,919
Jan 201815116,04662.874.01$73,827
Dec 201722217,01357.272.92$62,418
Nov 2017016,22955.423.12$50,608
Oct 20173716,02049.292.98$49,622
Sep 201718916,65847.523.09$60,409
Aug 201748818,54645.373.00$77,860
Jul 2017017,36243.873.09$53,601
Jun 201719316,86942.493.09$60,280
May 2017117,31345.373.26$56,545
Apr 201719217,46147.933.21$65,280
Mar 2017117,38646.772.98$51,921
Feb 201719516,10250.452.95$57,381
Jan 2017017,88649.413.42$61,149
Dec 201619517,80048.763.72$75,775
Nov 2016118,27342.492.64$48,363
Oct 201619518,40546.193.09$65,883
Sep 2016019,38441.553.10$60,103
Aug 201619219,71141.442.92$65,598
Jul 201619019,48241.622.92$64,880
Jun 2016319,98845.352.69$53,820
May 201619420,55342.521.99$49,171
Apr 2016019,94836.561.99$39,717
Mar 201619621,18433.011.79$44,474
Feb 201619619,55926.472.06$45,551
Jan 20165922,46527.352.36$54,729
Dec 201522322,61932.362.00$52,486
Nov 201519621,38138.792.17$53,943
Oct 2015022,81343.552.43$55,358
Sep 201519323,43342.992.76$72,935
Aug 201519223,08440.162.87$74,019
Jul 2015322,36148.152.95$65,999
Jun 201519922,38156.152.88$75,695
May 201519226,95855.212.96$90,273
Apr 201518820,82849.822.71$65,739
Mar 2015223,97042.892.93$70,431
Feb 201519223,35444.662.98$78,081
Jan 201539126,35643.433.10$98,701
Dec 2014129,59554.693.59$106,341
Nov 201419527,40270.464.25$130,249
Oct 201419926,85078.303.90$120,322
Sep 201419630,67386.164.05$140,973
Aug 201419232,23389.394.04$147,227
Jul 201419234,71196.564.18$163,618
Jun 201438034,47698.164.74$200,609
May 201420237,25894.734.73$195,238
Apr 201419635,22295.944.81$188,191
Mar 201420840,82595.895.06$226,389
Feb 201440939,16497.406.19$282,340
Jan 201420844,44290.404.86$234,823
Dec 201340448,98091.824.35$250,378
Nov 20132245,01188.853.74$170,218
Oct 201339540,63597.423.78$192,055
Sep 201320946,271104.113.72$193,783
Aug 201337451,391104.253.52$220,020
Jul 201319854,133102.523.72$221,551
Jun 201339553,68694.403.93$248,457
May 201320254,81194.834.15$246,571
Apr 201338761,54893.964.28$299,947
Mar 201337565,62293.623.91$291,878
Feb 201339761,94291.233.42$248,054
Jan 201339470,26091.603.42$276,373
Dec 201258573,44986.773.42$301,968
Nov 201238674,90386.953.62$305,083
Oct 201257780,81489.383.40$326,314
Sep 201259181,03394.672.92$292,437
Aug 201257989,21792.662.91$313,107
Jul 201258194,50085.133.02$334,926
Jun 201259086,40679.822.52$264,754
May 2012723105,45291.612.49$328,632
Apr 2012796105,665101.652.00$291,905
Mar 2012953119,364105.052.22$365,349
Feb 2012745119,710101.102.57$383,003
Jan 20121,121150,21398.092.73$520,653
Dec 20111,105161,08296.873.24$628,905
Nov 20111,291163,87495.723.31$666,207
Oct 20111,451166,92984.983.65$732,353
Sep 20111,027165,50183.623.99$745,532

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            54 bbl  × $106.41 =     $5,746
Gas                7,618 Mcf  × $  3.05 =    $23,203

────────────────────────────────────────────────────
Month total                                  $28,949

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/265594 is the state's own key, not one this site invented.