VAQUILLAS RANCH CO., LTD.

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 90016District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
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
CondensateDisposition9,107 bbl$212,130
GasProduction1,924,910 Mcf$5,483,915
Total$5,696,044

795,579 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.6540, -99.0689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.65396, -99.06889 · 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
10,150 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 10,150 ft.

Completions filed
Sep 1980
1 of 1 wells

1 well

42-47932593310,150 ftSep 1980

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 (401)

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

401 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 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 20170045.373.26$0
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 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
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 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201006,20678.394.39$27,236
Feb 2010025473.585.44$1,382
Jan 2010077074.365.96$4,592
Dec 200902,66671.445.48$14,620
Nov 200903,15074.593.75$11,817
Oct 200903,09772.544.11$12,729
Sep 200903,59065.543.06$11,002
Aug 200904,60267.423.22$14,812
Jul 200901,88261.133.46$6,520
Jun 200905,55266.163.90$21,625
May 200901,84154.743.93$7,227
Apr 200904,53646.773.59$16,273
Mar 200904,55142.144.06$18,473
Feb 200904,02032.814.63$18,625
Jan 200904,52535.865.37$24,304
Dec 200804,56437.105.98$27,280
Nov 200805,90755.496.86$40,524
Oct 200807,49375.246.92$51,866
Sep 200806,295101.767.88$49,586
Aug 200808,580114.228.48$72,784
Jul 200808,091131.0811.39$92,152
Jun 200805,524131.3313.03$71,992
May 200802,956123.1711.57$34,214
Apr 200803,954110.3110.45$41,339
Mar 2008010,534101.909.66$101,801
Feb 200804,68392.538.77$41,073
Jan 2008088190.388.21$7,229
Dec 200705,61888.337.30$41,022
Nov 200703,62591.677.29$26,432
Oct 200734,34582.856.92$30,325
Sep 2007343,90075.846.24$26,931
Aug 2007377,27069.066.39$48,996
Jul 2007367,44670.906.39$50,117
Jun 2007248,13462.007.55$62,887
May 2007378,47458.747.85$68,663
Apr 2007196,83859.617.81$54,505
Mar 200782,05856.927.30$15,483
Feb 200782,73455.108.22$22,903
Jan 2007165,39550.306.73$37,096
Dec 2006119956.656.92$1,433
Nov 2006145,53054.207.62$42,883
Oct 2006306,07654.906.01$38,187
Sep 200613910,48260.085.04$61,151
Aug 2006986,04068.717.34$51,067
Jul 2006876,47269.376.34$47,086
Jun 200615810,11466.286.38$75,039
May 20061007,51666.016.42$54,891
Apr 2006413,66664.397.36$29,624
Mar 200609,35956.707.08$66,289
Feb 200609,00857.597.75$69,822
Jan 200607,30760.598.93$65,276
Dec 2005012,75854.9413.42$171,154
Nov 20050054.6910.59$0
Oct 200515,21558.3413.80$72,003
Sep 20052810,61661.4512.08$129,951
Aug 2005166,49561.519.80$64,615
Jul 2005103,45455.697.84$27,649
Jun 2005132,53452.337.38$19,384
May 2005133,20545.226.65$21,905
Apr 2005194,24149.207.36$32,151
Mar 200508,36650.377.15$59,858
Feb 20051110,83445.226.31$68,881
Jan 2005479,43843.166.32$61,697
Dec 2004507,67539.866.75$53,808
Nov 2004377,71445.286.33$50,508
Oct 200408,56149.706.52$55,776
Sep 2004010,98043.245.28$58,017
Aug 200409,70842.375.55$53,886
Jul 2004012,38038.286.08$75,322
Jun 2004012,13236.106.43$78,045
May 200452,95937.486.49$19,405
Apr 20044311,53934.475.86$69,083
Mar 2004215,79534.365.53$32,769
Feb 2004299,23832.455.51$51,839
Jan 2004457,22232.036.30$46,937
Dec 2003466,44930.266.30$42,031
Nov 2003428,72528.804.60$41,302
Oct 2003225,73828.174.76$27,931
Sep 200339,42726.314.75$44,851
Aug 200338,52029.765.13$43,794
Jul 2003312,17629.415.17$63,048
Jun 2003036128.565.98$2,160
May 200314,80926.595.97$28,749
Apr 2003512,33026.675.41$66,805
Mar 2003514,28031.146.10$87,207
Feb 2003063333.487.93$5,017
Jan 200327,34630.315.58$41,066
Dec 200228,81126.914.85$42,820
Nov 2002210,07424.664.14$41,725
Oct 2002017226.464.23$727
Sep 200205,40627.443.64$19,652
Aug 2002218,12425.963.16$57,399
Jul 2002201,63124.583.06$5,485
Jun 2002654723.733.34$1,968
May 200213424.663.58$147
Apr 200219823.653.51$368
Mar 200244222.003.10$218
Feb 2002664,43918.222.38$11,748
Jan 2002925,56317.172.38$14,796
Dec 2001514,69216.932.36$11,957
Nov 20011332,83118.072.41$9,213
Oct 200112812,35219.782.53$33,769
Sep 2001313,77224.262.25$9,244
Aug 2001779,43124.873.05$30,709
Jul 2001366,58223.933.20$21,905
Jun 2001121,54124.563.82$6,188
May 2001535,31625.524.31$24,250
Apr 20018211,71124.685.34$64,506
Mar 20011089,26424.545.38$52,458
Feb 2001355,88427.755.77$34,905
Jan 2001466,82327.478.40$58,568
Dec 2000325,18426.889.12$48,151
Nov 2000476,02732.215.66$35,615
Oct 2000345,04931.235.15$27,041
Sep 2000366,88631.875.19$36,862
Aug 2000304,64229.644.54$21,967
Jul 20004810,30528.534.09$43,514
Jun 2000375,72629.304.40$26,263
May 2000569,50327.263.68$36,495
Apr 2000275,25624.513.12$17,039
Mar 200009,95928.422.86$28,480
Feb 200009,87827.622.73$26,932
Jan 200007,54525.272.48$18,715
Dec 1999612,05324.282.42$29,359
Nov 19998312,88123.192.43$33,277
Oct 19997510,89020.982.80$32,106
Sep 19999313,77521.752.62$38,097
Aug 19997512,61619.262.88$37,723
Jul 199910212,27417.892.37$30,943
Jun 199918412,72815.942.36$32,998
May 1999714,39315.792.32$11,317
Apr 19991639,79415.102.21$24,087
Mar 199919010,50212.471.84$21,675
Feb 19991809,5139.981.82$19,089
Jan 199916210,59610.381.90$21,813
Dec 1998379,8879.201.77$17,873
Nov 1998329,13010.892.19$20,304
Oct 1998349,95412.421.97$20,024
Sep 1998498,77812.592.08$18,898
Aug 1998449,45711.301.91$18,535
Jul 1998457,44311.742.24$17,180
Jun 1998256,69011.242.24$15,248
May 19984810,13712.622.21$22,971
Apr 19986010,85813.042.51$27,985
Mar 19983613,18312.802.31$30,906
Feb 19983412,70213.952.30$29,678
Jan 19982911,25714.702.15$24,683
Dec 19972611,13716.322.41$27,277
Nov 19971211,18218.193.09$34,751
Oct 19971311,64919.253.15$36,943
Sep 19971011,64717.742.95$34,593
Aug 19971311,89017.862.55$30,608
Jul 199753,48917.582.25$7,927
Jun 199708917.242.26$201
May 1997594218.972.31$2,269
Apr 1997339,89517.882.08$21,199
Mar 19973911,81618.951.94$23,652
Feb 19974917,51720.492.21$39,645
Jan 19974413,32423.483.54$48,196
Dec 1996215,28923.32$490
Nov 19964315,49921.97$945
Oct 199681,96523.31$186
Sep 19964213,28722.22$933
Aug 19964013,21620.26$810
Jul 19964716,46119.55$919
Jun 19962710,65618.73$506
May 19964012,84419.43$777
Apr 1996728,48621.51$1,549
Mar 1996625,45319.38$1,202
Feb 199612110,03816.98$2,055
Jan 199621516,72717.07$3,670
Dec 199518914,30517.19$3,249
Nov 199521316,09216.00$3,408
Oct 199521717,49715.43$3,348
Sep 199511717,10216.18$1,893
Aug 199512516,96415.92$1,990
Jul 199510214,11715.24$1,554
Jun 19958510,71516.41$1,395
May 199511917,99817.56$2,090
Apr 199511916,68817.73$2,110
Mar 199516621,33216.44$2,729
Feb 199511213,97316.58$1,857
Jan 199512921,02415.92$2,054
Dec 199413721,38515.03$2,059
Nov 199412519,97515.90$1,988
Oct 19949319,10215.58$1,449
Sep 199414026,60315.29$2,141
Aug 199411714,96916.13$1,887
Jul 19949310,02617.56$1,633
Jun 199413015,68417.09$2,222
May 199412918,71115.88$2,049
Apr 199414018,09314.14$1,980
Mar 199414218,32512.46$1,769
Feb 199411619,40512.50$1,450
Jan 1994022,10112.66$0
Dec 1993022,82212.33$0
Nov 1993021,86214.49$0
Oct 1993018,00615.85$0
Sep 1993027,87515.03$0
Aug 1993011,63815.66$0
Jul 1993013,70515.46$0
Jun 1993013,40616.79$0
May 1993024,12917.68$0
Apr 1993021,70118.05$0
Mar 19932723,52718.14$490
Feb 199321219,32617.90$3,795
Jan 199322425,47516.93$3,792

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.

Mar 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.39 =         $0
Gas                6,206 Mcf  × $  4.39 =    $27,236

────────────────────────────────────────────────────
Month total                                  $27,236

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/90016 is the state's own key, not one this site invented.