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VAQUILLAS RANCH A7

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 266546District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$664 k
Mar 2012 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
171
no gaps in the span
Streams
2
condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) 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 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 Gas112016-09-23219329
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
CondensateDisposition1,120 bbl$101,390
GasProduction157,560 Mcf$562,622
Total$664,012

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 27.5842, -98.9917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58422, -98.99171 · 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
11,751 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 11,751 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-4794163524911,751 ftMar 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 (171)

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

171 months

May 2026013106.413.05$40
Apr 202604598.932.87$129
Mar 202605289.753.15$164
Feb 202605063.503.75$188
Jan 202605159.138.00$408
Dec 202505156.664.41$225
Nov 202505958.593.93$232
Oct 202505759.383.30$188
Sep 202505762.743.08$175
Aug 202504163.933.01$124
Jul 202515666.743.32$252
Jun 2025011966.483.13$372
May 2025025360.553.23$818
Apr 2025018862.363.54$666
Mar 2025010167.704.27$431
Feb 2025015670.884.34$677
Jan 2025013874.324.28$590
Dec 202407668.993.12$237
Nov 202406169.052.20$134
Oct 202406271.372.28$141
Sep 202406469.612.36$151
Aug 202405875.632.06$120
Jul 202403279.932.15$69
Jun 202407678.082.63$200
May 20240978.812.20$20
Apr 202404384.451.66$71
Mar 202403680.301.55$56
Feb 202404976.091.78$87
Jan 202405273.023.30$171
Dec 202307271.262.61$188
Nov 202306577.892.81$182
Oct 202306185.443.09$188
Sep 202306989.042.74$189
Aug 202308180.522.67$217
Jul 202307274.852.64$190
Jun 202307968.962.26$178
May 202308770.622.23$194
Apr 202309678.122.24$215
Mar 2023012672.852.39$302
Feb 2023012275.112.47$301
Jan 2023013476.533.39$454
Dec 2022012576.415.73$716
Nov 2022013485.005.65$757
Oct 2022012987.185.86$756
Sep 2022012684.888.16$1,029
Aug 2022013294.529.13$1,205
Jul 20220125101.587.54$943
Jun 20220132115.097.98$1,053
May 20221202109.378.43$1,813
Apr 2022039104.226.84$267
Mar 2022081108.885.08$411
Feb 202209091.054.86$437
Jan 2022010881.844.54$490
Dec 202106671.323.90$257
Nov 202101877.435.24$94
Oct 20210279.795.71$11
Sep 20210569.865.35$27
Aug 2021117966.024.22$822
Jul 2021035670.783.98$1,418
Jun 2021115169.493.38$580
May 202111,57563.483.02$4,816
Apr 2021015560.362.76$428
Mar 2021117761.302.72$542
Feb 2021131657.805.55$1,811
Jan 2021045550.412.81$1,279
Dec 2020022144.642.68$591
Nov 2020124138.772.71$691
Oct 2020014436.972.48$357
Sep 2020128537.091.99$605
Aug 202004939.982.39$117
Jul 202001638.371.83$29
Jun 202002334.901.69$39
May 202001316.921.81$24
Apr 202002314.751.80$42
Mar 20200630.341.86$11
Feb 2020013149.881.98$259
Jan 202004457.252.09$92
Dec 201909659.012.30$221
Nov 201906355.302.75$173
Oct 201907453.472.42$179
Sep 201903755.052.66$98
Aug 201905053.112.30$115
Jul 201906156.272.46$150
Jun 201909652.782.49$239
May 201901858.482.74$49
Apr 201904962.632.75$135
Mar 2019230856.803.06$1,057
Feb 2019129350.852.79$869
Jan 2019149946.033.23$1,657
Dec 2018351246.594.19$2,283
Nov 2018348552.934.24$2,214
Oct 2018021861.443.40$741
Sep 2018110559.543.11$386
Aug 201804359.403.07$132
Jul 2018010165.142.93$296
Jun 20181460.183.08$72
May 201802465.382.90$70
Apr 2018110963.842.90$380
Mar 2018117461.222.79$546
Feb 201807361.782.77$202
Jan 2018233862.874.01$1,481
Dec 2017234057.272.92$1,108
Nov 2017011655.423.12$362
Oct 2017012749.292.98$379
Sep 201703247.523.09$99
Aug 20170045.373.00$0
Jul 201713843.873.09$161
Jun 2017284242.493.09$2,684
May 2017028645.373.26$933
Apr 2017016947.933.21$543
Mar 2017018946.772.98$564
Feb 20170950.452.95$27
Jan 2017012249.413.42$417
Dec 201606248.763.72$231
Nov 2016016742.492.64$442
Oct 201605446.193.09$167
Sep 2016013241.553.10$409
Aug 20160941.442.92$26
Jul 2016010841.622.92$316
Jun 20160045.352.69$0
May 201607242.521.99$143
Apr 201603536.561.99$70
Mar 201603533.011.79$63
Feb 201604926.472.06$101
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201503838.792.17$82
Oct 201504743.552.43$114
Sep 201502,88242.992.76$7,950
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201532043.433.10$1,390
Dec 2014073154.693.59$2,625
Nov 201442,70770.464.25$11,792
Oct 201472,81578.303.90$11,529
Sep 2014172,59486.164.05$11,959
Aug 201402,98089.394.04$12,025
Jul 201403,12096.564.18$13,040
Jun 2014952,90998.164.74$23,105
May 20141203,30194.734.73$26,970
Apr 201402,89795.944.81$13,932
Mar 20141263,25295.895.06$28,527
Feb 20141122,92197.406.19$28,996
Jan 20141393,34790.404.86$28,834
Dec 2013623,43091.824.35$20,629
Nov 201303,39088.853.74$12,673
Oct 201303,68397.423.78$13,919
Sep 201303,692104.113.72$13,726
Aug 201303,971104.253.52$13,988
Jul 201304,229102.523.72$15,722
Jun 201303,80894.403.93$14,978
May 201304,54094.834.15$18,837
Apr 2013574,42293.964.28$24,293
Mar 2013404,84793.623.91$22,710
Feb 20131114,67991.233.42$26,128
Jan 2013355,18691.603.42$20,942
Dec 2012695,42386.773.42$24,535
Nov 2012295,60186.953.62$22,825
Oct 2012354,74889.383.40$19,270
Sep 201205,02994.672.92$14,677
Aug 201206,18292.662.91$17,978
Jul 201203,91485.133.02$11,823
Jun 201204,02379.822.52$10,134
May 201205,22991.612.49$13,011
Apr 2012011,401101.652.00$22,766
Mar 201203,526105.052.22$7,835

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             0 bbl  × $106.41 =         $0
Gas                   13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/266546 is the state's own key, not one this site invented.