KING RANCH STRATTON

Operated by EOG RESOURCES, INC. (P-5 253162) 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 129915District 04Field 86508170NGPA filingCondensateGasSaveExport
Value, all time
$4.3 M
Jan 1993 – Jul 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
283
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 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.

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 bbl$197
GasProduction1,027,566 Mcf$4,291,417
Total$4,291,614

21,815 Mcf of this lease's gas, across 12 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 27.5805, -97.9354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58046, -97.93538 · 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
7,300 ft
1 wells filed one
Completion to plug
17.0 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 7,300 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Jul 2016
1 of 1 wells

Last completion to plug: a median of 17.0 years across the 1 well that filed both dates, with the middle half between 17.0 years and 17.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332001P2737,300 ftJul 1999Jul 2016Yes

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 (283)

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

283 months

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 2013038288.853.74$1,428
Oct 2013041997.423.78$1,584
Sep 20130984104.113.72$3,658
Aug 20130779104.253.52$2,744
Jul 20131389102.523.72$1,549
Jun 2013138594.403.93$1,609
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 2012015392.662.91$445
Jul 2012051985.133.02$1,568
Jun 2012040879.822.52$1,028
May 2012047291.612.49$1,174
Apr 20120498101.652.00$994
Mar 20120469105.052.22$1,042
Feb 20120510101.102.57$1,311
Jan 2012051698.092.73$1,411
Dec 2011097496.873.24$3,156
Nov 2011093395.723.31$3,089
Oct 2011051884.983.65$1,890
Sep 2011050183.623.99$1,997
Aug 2011055683.404.15$2,307
Jul 2011050694.144.52$2,286
Jun 2011050992.904.64$2,362
May 2011031998.134.40$1,405
Apr 20110527105.964.33$2,284
Mar 2011052796.364.06$2,138
Feb 2011051385.644.18$2,144
Jan 2011098486.504.59$4,515
Dec 201001,10885.734.35$4,817
Nov 201001,06880.843.80$4,053
Oct 201001,39878.103.51$4,905
Sep 201001,39472.633.98$5,547
Aug 201001,58873.684.42$7,018
Jul 201001,56172.554.74$7,394
Jun 201001,48470.364.91$7,287
May 201001,57071.124.24$6,649
Apr 201001,50481.694.12$6,201
Mar 201001,71578.394.39$7,527
Feb 201001,34673.585.44$7,325
Jan 201001,58474.365.96$9,447
Dec 200901,61271.445.48$8,840
Nov 200901,89274.593.75$7,098
Oct 200901,74872.544.11$7,185
Sep 200901,82765.543.06$5,599
Aug 200901,78367.423.22$5,739
Jul 200901,41561.133.46$4,902
Jun 200901,82066.163.90$7,089
May 200902,43754.743.93$9,567
Apr 200902,50246.773.59$8,976
Mar 200902,28042.144.06$9,255
Feb 200901,88132.814.63$8,715
Jan 200902,18935.865.37$11,757
Dec 200802,42137.105.98$14,471
Nov 200802,14255.496.86$14,695
Oct 200802,49975.246.92$17,298
Sep 200802,493101.767.88$19,638
Aug 200802,710114.228.48$22,989
Jul 200802,760131.0811.39$31,435
Jun 200802,597131.3313.03$33,846
May 200802,856123.1711.57$33,056
Apr 200801,040110.3110.45$10,873
Mar 20080806101.909.66$7,789
Feb 2008089092.538.77$7,806
Jan 200801,02190.388.21$8,378
Dec 200701,17088.337.30$8,543
Nov 200701,39191.677.29$10,143
Oct 200701,51782.856.92$10,501
Sep 200701,95775.846.24$12,220
Aug 200701,99269.066.39$12,725
Jul 200701,82270.906.39$11,639
Jun 200701,70062.007.55$12,832
May 200701,19358.747.85$9,361
Apr 200701,74859.617.81$13,643
Mar 200702,14156.927.30$15,634
Feb 200701,58355.108.22$13,006
Jan 200702,61950.306.73$17,618
Dec 200603,02256.656.92$20,908
Nov 200603,23354.207.62$24,627
Oct 200603,99154.906.01$24,001
Sep 200603,67660.085.04$18,517
Aug 200603,80568.717.34$27,928
Jul 200603,40369.376.34$21,584
Jun 200603,18366.286.38$20,320
May 200603,61366.016.42$23,214
Apr 200603,10764.397.36$22,869
Mar 200603,25956.707.08$23,083
Feb 200603,09457.597.75$23,982
Jan 200603,73360.598.93$33,348
Dec 200503,68054.9413.42$49,369
Nov 200503,52654.6910.59$37,335
Oct 200504,30158.3413.80$59,336
Sep 200503,04361.4512.08$36,756
Aug 200504,40661.519.80$43,165
Jul 200504,24055.697.84$33,257
Jun 200504,09952.337.38$30,255
May 200504,28845.226.65$28,520
Apr 200504,05249.207.36$29,825
Mar 200504,87450.377.15$34,873
Feb 200504,38745.226.31$27,690
Jan 200504,70243.166.32$29,727
Dec 200404,78039.866.75$32,270
Nov 200404,56345.286.33$28,886
Oct 200404,99349.706.52$32,530
Sep 200404,73343.245.28$25,009
Aug 200405,10442.375.55$28,331
Jul 200404,60538.286.08$28,018
Jun 200404,53836.106.43$29,193
May 200404,52237.486.49$29,368
Apr 200404,52134.475.86$26,486
Mar 200404,89534.365.53$27,070
Feb 200403,73132.455.51$20,556
Jan 200404,80732.036.30$30,282
Dec 200305,65430.266.30$35,629
Nov 200304,41128.804.60$20,269
Oct 200304,32828.174.76$20,600
Sep 200304,18626.314.75$19,881
Aug 200304,34329.765.13$22,278
Jul 200306,63429.415.17$34,303
Jun 200304,51428.565.98$27,007
May 200304,47226.595.97$26,710
Apr 200309,20126.675.41$49,752
Mar 2003012,63131.146.10$76,999
Feb 2003010,37733.487.93$82,247
Jan 2003011,54930.315.58$64,467
Dec 2002010,62226.914.85$51,557
Nov 2002010,70624.664.14$44,290
Oct 2002011,55826.464.23$48,880
Sep 2002010,66227.443.64$38,759
Aug 2002011,09325.963.16$35,100
Jul 200209,64924.583.06$29,543
Jun 2002010,33023.733.34$34,484
May 2002011,17524.663.58$40,051
Apr 2002010,39623.653.51$36,514
Mar 2002010,25022.003.10$31,803
Feb 200209,16218.222.38$21,766
Jan 2002010,17117.172.38$24,163
Dec 2001010,03216.932.36$23,720
Nov 200108,36018.072.41$20,110
Oct 2001011,64319.782.53$29,444
Sep 2001012,24624.262.25$27,570
Aug 2001013,24224.873.05$40,430
Jul 2001013,97923.933.20$44,692
Jun 2001012,18124.563.82$46,582
May 2001013,42625.524.31$57,830
Apr 2001011,62524.685.34$62,023
Mar 200108,79424.545.38$47,280
Feb 200105,61727.755.77$32,394
Jan 200106,14327.478.40$51,594
Dec 200006,31226.889.12$57,581
Nov 200006,23132.215.66$35,255
Oct 200006,24331.235.15$32,123
Sep 200007,27331.875.19$37,721
Aug 2000011,52729.644.54$52,341
Jul 2000011,74928.534.09$48,050
Jun 2000011,31329.304.40$49,746
May 2000011,57927.263.68$42,608
Apr 2000012,20024.513.12$38,015
Mar 200009,97328.422.86$28,520
Feb 2000011,49727.622.73$31,347
Jan 2000012,32325.272.48$30,567
Dec 1999014,05024.282.42$34,053
Nov 1999015,40723.192.43$37,500
Oct 1999016,11720.982.80$45,187
Sep 1999015,98721.752.62$41,868
Aug 1999015,45119.262.88$44,431
Jul 199905,29917.892.37$12,571
Jun 1999035215.942.36$831
May 1999020115.792.32$467
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199901649.981.82$298
Jan 1999031610.381.90$600
Dec 199807,1949.201.77$12,757
Nov 199809,74610.892.19$21,302
Oct 1998010,87012.421.97$21,405
Sep 199807,80712.592.08$16,259
Aug 199807,68511.301.91$14,658
Jul 199808,79211.742.24$19,670
Jun 1998010,18111.242.24$22,778
May 199809,83412.622.21$21,697
Apr 1998011,49213.042.51$28,791
Mar 1998012,37812.802.31$28,586
Feb 1998011,51613.952.30$26,477
Jan 1998011,97014.702.15$25,793
Dec 1997012,22016.322.41$29,464
Nov 1997012,67918.193.09$39,156
Oct 1997014,37419.253.15$45,276
Sep 1997015,21817.742.95$44,967
Aug 1997015,48117.862.55$39,550
Jul 1997016,58917.582.25$37,274
Jun 1997016,26617.242.26$36,716
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199304812.33$0
Nov 1993070114.49$0
Oct 199301,59815.85$0
Sep 199301,06915.03$0
Aug 199301,65215.66$0
Jul 1993094415.46$0
Jun 199302,26716.79$0
May 199302,92417.68$0
Apr 1993013418.05$0
Mar 199302,05718.14$0
Feb 199303,11017.90$0
Jan 199305,31116.93$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.

Nov 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 88.85 =         $0
Gas                  382 Mcf  × $  3.74 =     $1,428

────────────────────────────────────────────────────
Month total                                   $1,428

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/129915 is the state's own key, not one this site invented.