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 265755District 04Field 898938002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Dec 2011 – May 2026
Value, last 12 filed months
$89
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 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 Gas222013-01-31 – 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
CondensateDisposition8,949 bbl$779,801
GasProduction788,730 Mcf$2,532,238
Total$3,312,039

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 27.3983, -99.0147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.39829, -99.01471 · 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
9,564 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 9,564 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-4794153017H9,564 ftDec 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 (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 20250156.664.41$4
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250662.743.08$18
Aug 20250763.933.01$21
Jul 20250766.743.32$23
Jun 20250766.483.13$22
May 202501560.553.23$48
Apr 202511862.363.54$126
Mar 202501467.704.27$60
Feb 20250770.884.34$30
Jan 20250374.324.28$13
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240371.372.28$7
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240579.932.15$11
Jun 20240478.082.63$11
May 20240078.812.20$0
Apr 20240684.451.66$10
Mar 20240080.301.55$0
Feb 20240376.091.78$5
Jan 20240373.023.30$10
Dec 20230371.262.61$8
Nov 20230577.892.81$14
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230480.522.67$11
Jul 20230074.852.64$0
Jun 20230468.962.26$9
May 20230070.622.23$0
Apr 20230378.122.24$7
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230276.533.39$7
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220487.185.86$23
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202201101.587.54$8
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221289104.226.84$2,080
Mar 202204108.885.08$20
Feb 20220291.054.86$10
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210877.435.24$42
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210266.024.22$8
Jul 20210070.783.98$0
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 20210060.362.76$0
Mar 20210461.302.72$11
Feb 20210357.805.55$17
Jan 20210550.412.81$14
Dec 20200444.642.68$11
Nov 20200738.772.71$19
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200639.982.39$14
Jul 202001138.371.83$20
Jun 20200734.901.69$12
May 20200416.921.81$7
Apr 20200514.751.80$9
Mar 20200530.341.86$9
Feb 20200849.881.98$16
Jan 20200457.252.09$8
Dec 20190059.012.30$0
Nov 20190455.302.75$11
Oct 20190053.472.42$0
Sep 20190555.052.66$13
Aug 20190653.112.30$14
Jul 20190156.272.46$2
Jun 201901552.782.49$37
May 201903458.482.74$93
Apr 201902962.632.75$80
Mar 201902956.803.06$89
Feb 201904350.852.79$120
Jan 201905546.033.23$178
Dec 201809746.594.19$406
Nov 201807852.934.24$331
Oct 201809561.443.40$323
Sep 2018010059.543.11$311
Aug 2018010859.403.07$331
Jul 2018018565.142.93$542
Jun 2018022660.183.08$695
May 2018027365.382.90$792
Apr 201811326163.842.90$7,971
Mar 2018131661.222.79$942
Feb 2018024561.782.77$678
Jan 20184834562.874.01$4,401
Dec 201745457.272.92$2,589
Nov 20170055.423.12$0
Oct 2017018249.292.98$543
Sep 2017017247.523.09$531
Aug 201715418745.373.00$7,549
Jul 201709843.873.09$303
Jun 2017011742.493.09$361
May 2017018545.373.26$604
Apr 201781,74647.933.21$5,991
Mar 201754,44146.772.98$13,484
Feb 201704,03150.452.95$11,902
Jan 201704,48649.413.42$15,337
Dec 20161994,44648.763.72$26,255
Nov 201654,50842.492.64$12,133
Oct 201604,48646.193.09$13,863
Sep 201604,14541.553.10$12,852
Aug 201604,55741.442.92$13,326
Jul 201604,37141.622.92$12,782
Jun 2016104,57545.352.69$12,741
May 201654,59042.521.99$9,351
Apr 201604,49636.561.99$8,952
Mar 20161954,87533.011.79$15,183
Feb 201604,61426.472.06$9,522
Jan 201604,76727.352.36$11,271
Dec 2015105,12632.362.00$10,583
Nov 201505,03638.792.17$10,915
Oct 20151905,48043.552.43$21,572
Sep 201505,05042.992.76$13,930
Aug 201505,44140.162.87$15,629
Jul 201555,29048.152.95$15,820
Jun 2015165,13856.152.88$15,711
May 201505,30655.212.96$15,682
Apr 20151535,03749.822.71$21,255
Mar 201534,93442.892.93$14,609
Feb 201524,91944.662.98$14,729
Jan 201505,26943.433.10$16,337
Dec 20141695,46454.693.59$28,866
Nov 20141956,19770.464.25$40,088
Oct 201446,35478.303.90$25,100
Sep 201427,46886.164.05$30,384
Aug 201407,83989.394.04$31,631
Jul 201408,08596.564.18$33,792
Jun 20142987,82898.164.74$66,332
May 201418,48194.734.73$40,181
Apr 20141968,43095.944.81$59,345
Mar 201429,40195.895.06$47,731
Feb 201488,65597.406.19$54,371
Jan 20142159,87090.404.86$67,411
Dec 2013179,75591.824.35$44,039
Nov 20132199,70188.853.74$55,723
Oct 2013914,17197.423.78$54,434
Sep 201319814,581104.113.72$74,822
Aug 201319015,443104.253.52$74,207
Jul 2013016,127102.523.72$59,956
Jun 201319316,05594.403.93$81,370
May 201318815,68994.834.15$82,923
Apr 201319716,74193.964.28$90,205
Mar 201318417,52093.623.91$85,780
Feb 201319916,28491.233.42$73,845
Jan 201319618,47691.603.42$81,140
Dec 201217119,24686.773.42$80,662
Nov 201236719,61586.953.62$103,014
Oct 201219621,64889.383.40$91,115
Sep 201219722,23594.672.92$83,541
Aug 201234925,30092.662.91$105,915
Jul 201238928,72585.133.02$119,888
Jun 201239130,59779.822.52$108,285
May 201239835,81191.612.49$125,570
Apr 201240135,433101.652.00$111,514
Mar 201255339,307105.052.22$145,436
Feb 201256639,610101.102.57$159,030
Jan 201273539,93098.092.73$181,268
Dec 201118721,48896.873.24$87,730

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                    1 Mcf  × $  4.41 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/265755 is the state's own key, not one this site invented.