KING RANCH STRATTON

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the STRATTON (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105041District 04Field 86508170GasSaveExport
Value, all time
$212 k
Jan 1993 – Apr 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
no gaps in the span
Streams
1
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
as the register files it
Field class
Oil and 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 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
GasProduction235,050 Mcf$211,546
Total$211,546

147,940 Mcf of this lease's gas, across 40 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 27.5776, -97.9288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57756, -97.92882 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,250 ft
1 wells filed one
Completion to plug
10.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,250 ft.

Completions filed
Jun 2000
1 of 1 wells
Plug dates filed
Apr 2011
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27330230P234DF7,250 ftJun 2000Apr 2011Yes

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 (220)

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

220 months

Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 20003828.534.09$155
Jun 200090729.304.40$3,988
May 20005,05227.263.68$18,590
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 199927723.192.43$674
Oct 19991,58420.982.80$4,441
Sep 19992,46221.752.62$6,448
Aug 19992,64419.262.88$7,603
Jul 19994,23317.892.37$10,042
Jun 19996,58415.942.36$15,552
May 19991,67115.792.32$3,878
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 19991,1479.981.82$2,085
Jan 19991,75610.381.90$3,336
Dec 19982,0279.201.77$3,595
Nov 19982,64510.892.19$5,781
Oct 19984,38212.421.97$8,629
Sep 19982,53912.592.08$5,288
Aug 19981,10711.301.91$2,111
Jul 19982,32511.742.24$5,202
Jun 19982,02811.242.24$4,537
May 19982,68012.622.21$5,913
Apr 19982,97513.042.51$7,453
Mar 19982,03112.802.31$4,690
Feb 19983,26913.952.30$7,516
Jan 19983,28914.702.15$7,087
Dec 19973,12916.322.41$7,544
Nov 1997018.193.09$0
Oct 199783319.253.15$2,624
Sep 199767317.742.95$1,989
Aug 19975,37617.862.55$13,734
Jul 19973,32517.582.25$7,471
Jun 19972,25517.242.26$5,090
May 19972,51218.972.31$5,799
Apr 19971,86817.882.08$3,891
Mar 19972,24718.951.94$4,357
Feb 19973,07220.492.21$6,777
Jan 19972,16823.483.54$7,674
Dec 19965,86323.32$0
Nov 199639421.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 19961,94218.73$0
May 19963,10819.43$0
Apr 19963,34821.51$0
Mar 19963,01719.38$0
Feb 19962,12816.98$0
Jan 19962,03217.07$0
Dec 19952,07817.19$0
Nov 19952,89916.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 19952,55815.92$0
Jul 19953,21815.24$0
Jun 19952,55216.41$0
May 1995017.56$0
Apr 19952,85817.73$0
Mar 19953,23716.44$0
Feb 19953,67216.58$0
Jan 19952,01315.92$0
Dec 19942,46915.03$0
Nov 19943,89115.90$0
Oct 1994015.58$0
Sep 19943,69915.29$0
Aug 19944,40416.13$0
Jul 19945,08917.56$0
Jun 19947,18617.09$0
May 19945,88515.88$0
Apr 19943,75014.14$0
Mar 19943,82412.46$0
Feb 19943,46312.50$0
Jan 19943,38612.66$0
Dec 19934,77112.33$0
Nov 19933,09314.49$0
Oct 19933,25015.85$0
Sep 19933,93415.03$0
Aug 19934,61315.66$0
Jul 19932,79215.46$0
Jun 19933,57916.79$0
May 19936,22017.68$0
Apr 19936,19918.05$0
Mar 19937,58018.14$0
Feb 19934,37617.90$0
Jan 19933,57016.93$0

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.

Jul 2000 — as filed, then multipliedworked
Gas                   38 Mcf  × $  4.09 =       $155

────────────────────────────────────────────────────
Month total                                     $155

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/105041 is the state's own key, not one this site invented.