KING RANCH BORREGOS

Operated by EOG RESOURCES, INC. (P-5 253162) in the BORREGOS (CONSOLIDATED GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118174District 04Field 10730013NGPA filingCondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – Aug 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
344
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 158 leases and 158 wells, and the rule below applies to all of them.

Discovered
1995-11-21
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 1995-11-21.

The Commission's schedule remark for this field reads: ZONES CONSOLIDATED. P-15 & 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
CondensateDisposition2,493 bbl$85,416
GasProduction1,067,044 Mcf$3,035,996
Total$3,121,411

353,600 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 27.4932, -98.0412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.49325, -98.04118 · 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
7,500 ft
1 wells filed one
Completion to plug
36.2 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 7,500 ft.

Completions filed
Jun 1985
1 of 1 wells
Plug dates filed
Aug 2021
1 of 1 wells

Last completion to plug: a median of 36.2 years across the 1 well that filed both dates, with the middle half between 36.2 years and 36.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273319776187,500 ftJun 1985Aug 2021Yes

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 (344)

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

344 months

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 2020090530.341.86$1,680
Feb 202001,25649.881.98$2,488
Jan 202001,34857.252.09$2,824
Dec 2019047759.012.30$1,099
Nov 2019097955.302.75$2,693
Oct 201901,36553.472.42$3,301
Sep 201901,29355.052.66$3,436
Aug 201901,13653.112.30$2,618
Jul 201901,19756.272.46$2,945
Jun 201901,12952.782.49$2,813
May 201901,22058.482.74$3,343
Apr 201901,24662.632.75$3,427
Mar 2019093256.803.06$2,854
Feb 201901,19150.852.79$3,326
Jan 201901,24346.033.23$4,013
Dec 201801,50846.594.19$6,312
Nov 201801,68952.934.24$7,157
Oct 201801,70861.443.40$5,804
Sep 201801,63359.543.11$5,075
Aug 201801,76159.403.07$5,400
Jul 201801,78665.142.93$5,236
Jun 201801,64360.183.08$5,055
May 201801,88365.382.90$5,462
Apr 201831,69563.842.90$5,108
Mar 2018151,92561.222.79$6,283
Feb 2018131,56861.782.77$5,140
Jan 2018131,64762.874.01$7,421
Dec 2017101,67857.272.92$5,475
Nov 2017111,45655.423.12$5,150
Oct 2017101,77949.292.98$5,801
Sep 201701,66647.523.09$5,143
Aug 201701,60245.373.00$4,813
Jul 201701,99043.873.09$6,144
Jun 201701,93842.493.09$5,983
May 201701,64645.373.26$5,372
Apr 201701,67247.933.21$5,370
Mar 201702,15646.772.98$6,433
Feb 201701,56450.452.95$4,618
Jan 201701,94949.413.42$6,663
Dec 201601,62748.763.72$6,057
Nov 201602,01042.492.64$5,315
Oct 201601,75446.193.09$5,420
Sep 201602,14341.553.10$6,645
Aug 201601,05441.442.92$3,082
Jul 2016089341.622.92$2,611
Jun 201601,17145.352.69$3,145
May 201601,20942.521.99$2,407
Apr 201601,22736.561.99$2,443
Mar 201601,25533.011.79$2,251
Feb 201601,57726.472.06$3,254
Jan 201601,75827.352.36$4,157
Dec 201501,76232.362.00$3,526
Nov 201501,51938.792.17$3,292
Oct 201501,50643.552.43$3,654
Sep 201501,68342.992.76$4,642
Aug 201501,87040.162.87$5,372
Jul 201501,54248.152.95$4,541
Jun 201501,71156.152.88$4,933
May 201501,76255.212.96$5,208
Apr 201501,78549.822.71$4,831
Mar 201501,80842.892.93$5,306
Feb 201501,54344.662.98$4,592
Jan 201501,76343.433.10$5,466
Dec 201401,93854.693.59$6,960
Nov 201401,77270.464.25$7,534
Oct 201401,86278.303.90$7,264
Sep 201482,03886.164.05$8,934
Aug 201461,59689.394.04$6,976
Jul 20140096.564.18$0
Jun 201461,49198.164.74$7,652
May 201481,79994.734.73$9,261
Apr 201481,96295.944.81$10,203
Mar 201482,16095.895.06$11,690
Feb 201472,28197.406.19$14,806
Jan 201431,74890.404.86$8,768
Dec 2013034891.824.35$1,515
Nov 201361,37488.853.74$5,670
Oct 201392,42397.423.78$10,034
Sep 201392,367104.113.72$9,737
Aug 2013112,348104.253.52$9,418
Jul 201392,434102.523.72$9,972
Jun 2013112,80994.403.93$12,087
May 2013111,95394.834.15$9,146
Apr 2013111,74093.964.28$8,485
Mar 2013181,91793.623.91$9,186
Feb 2013202,75291.233.42$11,236
Jan 2013212,90491.603.42$11,855
Dec 2012291,38186.773.42$7,240
Nov 2012512,24686.953.62$12,576
Oct 2012301,65489.383.40$8,304
Sep 201202,04694.672.92$5,971
Aug 201202,28192.662.91$6,634
Jul 201202,60285.133.02$7,860
Jun 201201,74479.822.52$4,393
May 201202,37291.612.49$5,902
Apr 201202,176101.652.00$4,345
Mar 201202,629105.052.22$5,842
Feb 201202,364101.102.57$6,076
Jan 201202,89598.092.73$7,915
Dec 201103,21196.873.24$10,403
Nov 201103,35495.723.31$11,106
Oct 201143,22784.983.65$12,114
Sep 2011233,76383.623.99$16,922
Aug 2011224,00883.404.15$18,465
Jul 2011223,63094.144.52$18,469
Jun 2011234,35892.904.64$22,357
May 2011154,14698.134.40$19,734
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 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009033265.543.06$1,018
Aug 200901,72867.423.22$5,562
Jul 200901,57761.133.46$5,464
Jun 200902,15666.163.90$8,398
May 200901,96054.743.93$7,694
Apr 200902,14546.773.59$7,695
Mar 200902,01342.144.06$8,171
Feb 200901,90632.814.63$8,831
Jan 200902,08735.865.37$11,209
Dec 200801,95337.105.98$11,673
Nov 200801,99055.496.86$13,652
Oct 200802,01475.246.92$13,941
Sep 200802,046101.767.88$16,117
Aug 200801,412114.228.48$11,978
Jul 200801,758131.0811.39$20,023
Jun 200801,749131.3313.03$22,794
May 200801,925123.1711.57$22,281
Apr 200801,934110.3110.45$20,220
Mar 200801,951101.909.66$18,855
Feb 200802,13392.538.77$18,708
Jan 200802,26790.388.21$18,602
Dec 200702,51488.337.30$18,357
Nov 200702,17491.677.29$15,852
Oct 200711,59282.856.92$11,103
Sep 200732,38675.846.24$15,126
Aug 200732,48469.066.39$16,075
Jul 200732,38270.906.39$15,429
Jun 200732,53962.007.55$19,352
May 200732,69858.747.85$21,345
Apr 200772,26659.617.81$18,104
Mar 2007123,10656.927.30$23,363
Feb 2007122,86755.108.22$24,216
Jan 2007133,17050.306.73$21,978
Dec 2006123,09856.656.92$22,113
Nov 2006112,77754.207.62$21,750
Oct 2006163,28454.906.01$20,628
Sep 2006253,70060.085.04$20,140
Aug 2006203,11768.717.34$24,253
Jul 2006172,68169.376.34$18,184
Jun 2006182,82266.286.38$19,208
May 2006193,19866.016.42$21,801
Apr 2006162,92364.397.36$22,545
Mar 200602,72856.707.08$19,322
Feb 200603,61057.597.75$27,982
Jan 200601,72860.598.93$15,437
Dec 200501,33654.9413.42$17,923
Nov 200502,04954.6910.59$21,696
Oct 200502,34258.3413.80$32,310
Sep 200502,13361.4512.08$25,765
Aug 200503,28961.519.80$32,222
Jul 200503,03055.697.84$23,766
Jun 200502,96252.337.38$21,863
May 200502,56645.226.65$17,067
Apr 200502,84249.207.36$20,918
Mar 200502,20750.377.15$15,791
Feb 200502,75945.226.31$17,415
Jan 200503,29543.166.32$20,832
Dec 200403,13839.866.75$21,185
Nov 200403,87445.286.33$24,524
Oct 200403,90149.706.52$25,415
Sep 200404,05743.245.28$21,437
Aug 200403,58842.375.55$19,916
Jul 200404,19838.286.08$25,541
Jun 200403,86136.106.43$24,838
May 200403,77637.486.49$24,524
Apr 200403,89234.475.86$22,801
Mar 200404,16734.365.53$23,044
Feb 200404,68832.455.51$25,829
Jan 200406,78332.036.30$42,730
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003068726.314.75$3,263
Aug 200303,36129.765.13$17,241
Jul 200304,47329.415.17$23,129
Jun 200304,43528.565.98$26,534
May 200304,76326.595.97$28,448
Apr 200303,30226.675.41$17,855
Mar 200303,18931.146.10$19,440
Feb 200302,98333.487.93$23,643
Jan 200303,12930.315.58$17,466
Dec 200203,08126.914.85$14,954
Nov 200202,88524.664.14$11,935
Oct 200203,11526.464.23$13,174
Sep 200202,94027.443.64$10,687
Aug 200203,05925.963.16$9,679
Jul 200203,03124.583.06$9,280
Jun 200203,07323.733.34$10,258
May 200203,23024.663.58$11,576
Apr 200203,16323.653.51$11,109
Mar 200203,39722.003.10$10,540
Feb 200202,63818.222.38$6,267
Jan 200203,00217.172.38$7,132
Dec 200103,12616.932.36$7,391
Nov 200103,20418.072.41$7,707
Oct 200103,04019.782.53$7,688
Sep 200103,04424.262.25$6,853
Aug 200103,66324.873.05$11,184
Jul 200103,14723.933.20$10,061
Jun 200103,35124.563.82$12,815
May 200103,37825.524.31$14,550
Apr 200103,59124.685.34$19,159
Mar 200103,48224.545.38$18,721
Feb 200103,38927.755.77$19,545
Jan 200103,53727.478.40$29,706
Dec 200003,65926.889.12$33,379
Nov 200002,58232.215.66$14,609
Oct 200002,86031.235.15$14,716
Sep 200002,74331.875.19$14,227
Aug 200053,04229.644.54$13,961
Jul 200073,05728.534.09$12,702
Jun 200083,50429.304.40$15,642
May 200093,83127.263.68$14,342
Apr 200083,89024.513.12$12,317
Mar 200093,44728.422.86$10,113
Feb 200003,28027.622.73$8,943
Jan 200003,88525.272.48$9,637
Dec 199903,73324.282.42$9,048
Nov 199904,07623.192.43$9,921
Oct 199903,80520.982.80$10,668
Sep 199903,74321.752.62$9,802
Aug 199904,47919.262.88$12,880
Jul 199904,92217.892.37$11,677
Jun 199904,37115.942.36$10,325
May 199905,24015.792.32$12,162
Apr 199924,44515.102.21$9,845
Mar 1999184,64912.471.84$8,771
Feb 199954,8109.981.82$8,793
Jan 199984,49610.381.90$8,625
Dec 199824,4619.201.77$7,929
Nov 199844,90910.892.19$10,773
Oct 199835,06612.421.97$10,013
Sep 1998104,63512.592.08$9,779
Aug 199885,26211.301.91$10,127
Jul 1998125,45411.742.24$12,343
Jun 1998115,31711.242.24$12,019
May 1998115,59312.622.21$12,479
Apr 1998185,32213.042.51$13,568
Mar 1998234,77812.802.31$11,329
Feb 1998274,06113.952.30$9,713
Jan 1998195,27514.702.15$11,646
Dec 1997225,24916.322.41$13,015
Nov 1997315,03918.193.09$16,126
Oct 1997255,15219.253.15$16,709
Sep 1997195,14717.742.95$15,546
Aug 1997175,58317.862.55$14,567
Jul 1997124,70417.582.25$10,781
Jun 1997615,38217.242.26$13,200
May 1997666,02918.972.31$15,170
Apr 1997577,23317.882.08$16,084
Mar 1997106,82718.951.94$13,428
Feb 1997115,94120.492.21$13,331
Jan 1997127,48123.483.54$26,762
Dec 1996127,38223.32$280
Nov 1996116,54721.97$242
Oct 1996156,65223.31$350
Sep 1996199,47022.22$422
Aug 1996317,47720.26$628
Jul 1996117,11919.55$215
Jun 1996247,55018.73$450
May 1996267,54419.43$505
Apr 1996197,07921.51$409
Mar 1996207,23119.38$388
Feb 1996226,94216.98$374
Jan 1996237,79917.07$393
Dec 1995258,05417.19$430
Nov 1995237,61916.00$368
Oct 1995288,80715.43$432
Sep 1995238,61816.18$372
Aug 1995279,60015.92$430
Jul 19952610,12415.24$396
Jun 19952910,33316.41$476
May 19953211,12617.56$562
Apr 1995299,29617.73$514
Mar 1995487,55916.44$789
Feb 1995387,32116.58$630
Jan 1995277,69115.92$430
Dec 1994307,48215.03$451
Nov 1994317,94415.90$493
Oct 1994348,63215.58$530
Sep 19943010,09715.29$459
Aug 19943612,15416.13$581
Jul 1994337,81417.56$579
Jun 1994185,52617.09$308
May 199485,94915.88$127
Apr 1994125,90014.14$170
Mar 1994135,92512.46$162
Feb 1994255,71812.50$313
Jan 1994356,21712.66$443
Dec 1993235,87512.33$284
Nov 1993245,35714.49$348
Oct 1993135,58115.85$206
Sep 1993205,11215.03$301
Aug 1993265,05215.66$407
Jul 1993345,58315.46$526
Jun 1993346,12816.79$571
May 1993274,93517.68$477
Apr 1993315,21318.05$560
Mar 1993307,13418.14$544
Feb 1993306,46717.90$537
Jan 1993406,86516.93$677

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                  905 Mcf  × $  1.86 =     $1,680

────────────────────────────────────────────────────
Month total                                   $1,680

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/118174 is the state's own key, not one this site invented.