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 98967District 04Field 93215400NGPA filingCondensateGasSaveExport
Value, all time
$3.5 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
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
CondensateDisposition3,386 bbl$140,858
GasProduction1,058,991 Mcf$3,334,516
Total$3,475,375

282,308 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 27.6634, -99.0738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66336, -99.07378 · 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
10,200 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 10,200 ft.

Completions filed
Feb 1982
1 of 1 wells

1 well

42-479331891410,200 ftFeb 1982

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 20188052.934.24$423
Oct 20184261.443.40$253
Sep 20186959.543.11$385
Aug 20188759.403.07$497
Jul 201881065.142.93$550
Jun 20185760.183.08$322
May 20185665.382.90$344
Apr 20186963.842.90$409
Mar 20188961.222.79$515
Feb 20186861.782.77$393
Jan 20188962.874.01$539
Dec 20177857.272.92$424
Nov 2017101155.423.12$589
Oct 2017101249.292.98$529
Sep 20177647.523.09$351
Aug 201771045.373.00$348
Jul 2017101043.873.09$470
Jun 201771042.493.09$328
May 20177645.373.26$337
Apr 20177847.933.21$361
Mar 20178846.772.98$398
Feb 20175750.452.95$273
Jan 2017101249.413.42$535
Dec 20167748.763.72$367
Nov 201691042.492.64$409
Oct 201681046.193.09$400
Sep 2016171,41041.553.10$5,078
Aug 2016212,46341.442.92$8,073
Jul 2016152,13541.622.92$6,868
Jun 2016162,41545.352.69$7,212
May 2016152,30442.521.99$5,225
Apr 2016162,91636.561.99$6,391
Mar 2016355433.011.79$1,093
Feb 201691,72626.472.06$3,800
Jan 2016102,46527.352.36$6,102
Dec 2015122,93032.362.00$6,252
Nov 201502,83138.792.17$6,136
Oct 2015143,31643.552.43$8,656
Sep 2015403,59542.992.76$11,636
Aug 2015164,52740.162.87$13,646
Jul 2015112,33448.152.95$7,403
Jun 2015766056.152.88$2,296
May 2015765555.212.96$2,322
Apr 201551,08449.822.71$3,183
Mar 201501,31942.892.93$3,871
Feb 201502,61044.662.98$7,768
Jan 201503,37743.433.10$10,471
Dec 201402,72754.693.59$9,794
Nov 201402,27770.464.25$9,681
Oct 201402,56878.303.90$10,018
Sep 201403,68586.164.05$14,907
Aug 201402,74689.394.04$11,080
Jul 201403,14196.564.18$13,128
Jun 201403,03898.164.74$14,391
May 201492,44394.734.73$12,400
Apr 2014223,76695.944.81$20,222
Mar 2014792995.895.06$5,369
Feb 2014272,71297.406.19$19,423
Jan 2014284,23090.404.86$23,092
Dec 2013334,69591.824.35$23,474
Nov 2013344,33488.853.74$19,223
Oct 2013162,24097.423.78$10,024
Sep 201303,255104.113.72$12,101
Aug 201301,121104.253.52$3,949
Jul 201301,622102.523.72$6,030
Jun 201303,85394.403.93$15,155
May 201302,92694.834.15$12,140
Apr 201304,44493.964.28$19,032
Mar 201303,77493.623.91$14,767
Feb 201303,27191.233.42$11,187
Jan 201303,55191.603.42$12,144
Dec 201203,14586.773.42$10,756
Nov 201203,82686.953.62$13,869
Oct 201273,72989.383.40$13,303
Sep 2012402,34294.672.92$10,622
Aug 2012523,09892.662.91$13,828
Jul 2012913,86685.133.02$19,425
Jun 2012582,18079.822.52$10,121
May 2012793,08091.612.49$14,901
Apr 20121084,213101.652.00$19,391
Mar 2012876,314105.052.22$23,170
Feb 201202,476101.102.57$6,364
Jan 201204,42098.092.73$12,085
Dec 201104,66196.873.24$15,100
Nov 201106,23795.723.31$20,652
Oct 201101,23884.983.65$4,517
Sep 201104,24983.623.99$16,936
Aug 201104,33483.404.15$17,983
Jul 201103,88094.144.52$17,527
Jun 201103,40392.904.64$15,790
May 201103,70298.134.40$16,307
Apr 201103,547105.964.33$15,370
Mar 201104,12396.364.06$16,728
Feb 201103,93185.644.18$16,432
Jan 201104,61586.504.59$21,177
Dec 201002,65785.734.35$11,552
Nov 201003,67180.843.80$13,933
Oct 201004,38378.103.51$15,379
Sep 201006,58472.633.98$26,201
Aug 201006,49573.684.42$28,704
Jul 201001,12172.554.74$5,310
Jun 2010084670.364.91$4,154
May 2010093171.124.24$3,943
Apr 201001,35381.694.12$5,578
Mar 201002,08778.394.39$9,159
Feb 201003,20873.585.44$17,459
Jan 201004,88274.365.96$29,117
Dec 200904,38271.445.48$24,030
Nov 200904,83274.593.75$18,127
Oct 200904,17172.544.11$17,144
Sep 200905,44165.543.06$16,675
Aug 200904,92167.423.22$15,838
Jul 200907,28161.133.46$25,225
Jun 200908,98366.163.90$34,989
May 200904,24154.743.93$16,649
Apr 2009077446.773.59$2,777
Mar 200904,05842.144.06$16,471
Feb 200903,70332.814.63$17,156
Jan 200904,62835.865.37$24,857
Dec 200803,36937.105.98$20,137
Nov 200803,44055.496.86$23,600
Oct 200806,37275.246.92$44,107
Sep 200805,746101.767.88$45,262
Aug 20080980114.228.48$8,313
Jul 200802,306131.0811.39$26,264
Jun 200805,801131.3313.03$75,602
May 200806,703123.1711.57$77,582
Apr 200804,278110.3110.45$44,726
Mar 200805,287101.909.66$51,094
Feb 200801,08492.538.77$9,507
Jan 200804,50790.388.21$36,983
Dec 200705,35688.337.30$39,109
Nov 200703391.677.29$241
Oct 2007014282.856.92$983
Sep 2007090875.846.24$5,670
Aug 2007052369.066.39$3,341
Jul 200701,23270.906.39$7,870
Jun 200701,25762.007.55$9,488
May 2007067958.747.85$5,328
Apr 2007098859.617.81$7,712
Mar 2007085956.927.30$6,272
Feb 2007099555.108.22$8,175
Jan 200701,01650.306.73$6,834
Dec 200601,15256.656.92$7,970
Nov 200602,11354.207.62$16,096
Oct 200605,47154.906.01$32,902
Sep 200604,59260.085.04$23,131
Aug 200602,55468.717.34$18,746
Jul 200608,46069.376.34$53,660
Jun 200605,71766.286.38$36,497
May 200602,11166.016.42$13,563
Apr 200601,12164.397.36$8,251
Mar 200651,04756.707.08$7,699
Feb 200651,23057.597.75$9,822
Jan 200631,66160.598.93$15,020
Dec 200531,18854.9413.42$16,102
Nov 200531,13254.6910.59$12,150
Oct 2005287258.3413.80$12,147
Sep 200531,13461.4512.08$13,882
Aug 200501,23161.519.80$12,060
Jul 200502,31455.697.84$18,150
Jun 200506,61952.337.38$48,855
May 2005017245.226.65$1,144
Apr 2005039949.207.36$2,937
Mar 200504,09950.377.15$29,328
Feb 200502,36145.226.31$14,902
Jan 200504,25043.166.32$26,869
Dec 200408,77239.866.75$59,220
Nov 200406,21845.286.33$39,363
Oct 200406,16949.706.52$40,192
Sep 2004186,97943.245.28$37,655
Aug 20047510,88142.375.55$63,574
Jul 2004312,05638.286.08$13,696
Jun 20041517,23136.106.43$51,968
May 2004434,63537.486.49$31,714
Apr 2004414,48534.475.86$27,688
Mar 2004669,54134.365.53$55,031
Feb 2004071132.455.51$3,917
Jan 200408532.036.30$535
Dec 2003054130.266.30$3,409
Nov 2003091128.804.60$4,186
Oct 2003151528.174.76$2,479
Sep 2003541,28226.314.75$7,509
Aug 20033182629.765.13$5,160
Jul 2003341,15129.415.17$6,952
Jun 20031236728.565.98$2,538
May 20031484,90826.595.97$33,249
Apr 20032064,65326.675.41$30,654
Mar 2003133231.146.10$2,055
Feb 2003356833.487.93$4,602
Jan 2003391,40530.315.58$9,025
Dec 20021104,59026.914.85$25,239
Nov 2002512024.664.14$620
Oct 2002311,31326.464.23$6,373
Sep 2002081627.443.64$2,966
Aug 200205,34925.963.16$16,925
Jul 200201,69724.583.06$5,196
Jun 200204,41323.733.34$14,732
May 200205,46924.663.58$19,601
Apr 200204,53123.653.51$15,914
Mar 2002013,84222.003.10$42,948
Feb 200254,72018.222.38$11,304
Jan 200287,47717.172.38$17,900
Dec 2001013,27816.932.36$31,395
Nov 2001011,41218.072.41$27,452
Oct 2001030119.782.53$761
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000050026.889.12$4,561
Nov 2000037432.215.66$2,116
Oct 200029731.235.15$562
Sep 2000435231.875.19$1,953
Aug 2000161,26929.644.54$6,236
Jul 2000314,05128.534.09$17,452
Jun 2000211,75829.304.40$8,346
May 2000444,27327.263.68$16,923
Apr 2000404,57924.513.12$15,249
Mar 200004,84928.422.86$13,867
Feb 200003,20627.622.73$8,741
Jan 200003,90725.272.48$9,691
Dec 1999053624.282.42$1,299
Nov 1999213923.192.43$385
Oct 1999377220.982.80$2,227
Sep 1999113,02221.752.62$8,153
Aug 19996410,69519.262.88$31,987
Jul 1999507,35417.892.37$18,341
Jun 199906,07415.942.36$14,347
May 199905,94915.792.32$13,808
Apr 199907,73015.102.21$17,068
Mar 199907,69612.471.84$14,148
Feb 1999011,5149.981.82$20,930
Jan 1999014,36810.381.90$27,298
Dec 199809909.201.77$1,756
Nov 199801,24410.892.19$2,719
Oct 199802,91612.421.97$5,742
Sep 199805,33812.592.08$11,117
Aug 199868,51311.301.91$16,305
Jul 199805,89611.742.24$13,191
Jun 1998024211.242.24$541
May 199806,86112.622.21$15,138
Apr 1998011,96913.042.51$29,986
Mar 1998010,94312.802.31$25,272
Feb 1998028313.952.30$651
Jan 199802,45614.702.15$5,292
Dec 199703,29616.322.41$7,947
Nov 199701,15718.193.09$3,573
Oct 1997064419.253.15$2,028
Sep 1997064017.742.95$1,891
Aug 1997061617.862.55$1,574
Jul 1997064117.582.25$1,440
Jun 199701,66217.242.26$3,751
May 199702,89218.972.31$6,676
Apr 199701,02617.882.08$2,137
Mar 1997095418.951.94$1,850
Feb 1997079420.492.21$1,751
Jan 1997080823.483.54$2,860
Dec 1996073823.32$0
Nov 1996072021.97$0
Oct 1996086223.31$0
Sep 1996101,62322.22$222
Aug 1996132,61820.26$263
Jul 1996486019.55$78
Jun 1996387618.73$56
May 1996486719.43$78
Apr 1996476221.51$86
Mar 1996070419.38$0
Feb 1996066716.98$0
Jan 1996072617.07$0
Dec 1995071117.19$0
Nov 1995066116.00$0
Oct 1995073515.43$0
Sep 199501,22916.18$0
Aug 199501,06815.92$0
Jul 199502215.24$0
Jun 199501,40416.41$0
May 199501,91517.56$0
Apr 199522,73617.73$35
Mar 1995718,72816.44$1,167
Feb 1995648,06116.58$1,061
Jan 1995579,16815.92$907
Dec 1994588,85215.03$872
Nov 1994548,57515.90$859
Oct 1994469,46415.58$717
Sep 1994499,35815.29$749
Aug 19942910,04916.13$468
Jul 19941910,27717.56$334
Jun 19942910,01717.09$496
May 19942610,12015.88$413
Apr 19942810,23914.14$396
Mar 19942810,06912.46$349
Feb 19943610,02212.50$450
Jan 19941911,23312.66$241
Dec 19933711,17512.33$456
Nov 19932510,94114.49$362
Oct 19932911,13815.85$460
Sep 19933811,47315.03$571
Aug 19932813,25915.66$438
Jul 1993010,02715.46$0
Jun 1993061916.79$0
May 1993013,62317.68$0
Apr 199304,71218.05$0
Mar 199316,14918.14$18
Feb 19931110,17417.90$197
Jan 19931012,28216.93$169

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.

Nov 2018 — as filed, then multipliedworked
Condensate             8 bbl  × $ 52.93 =       $423
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                     $423

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/98967 is the state's own key, not one this site invented.