KING RANCH STRATTON

Name: KING RANCH STRATTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 130707District 04Field 86508170NGPA filingCondensateGasSave Export

Value, all time

$4.7 M

Jan 1993 – Jul 2016

Value, last 12 filed months

at the published price for each month

Months reported

283

no gaps in the span

Streams

condensate, gas

The STRATTON (CONSOLIDATED) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3 bbl	$311
Gas	Production	1,769,684 Mcf	$4,733,759
Total			$4,734,069

565,407 Mcf of this lease's gas, across 45 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, -97.9337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57761, -97.93368 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,280 ft

1 wells filed one

Completion to plug

9.8 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 7,280 ft.

Completions filed

Sep 2006

1 of 1 wells

Plug dates filed

Jul 2016

1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-27331949	P274	7,280 ft	Sep 2006	Jul 2016	Yes

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 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	1	35	104.11	3.72	$234
Aug 2013	1	162	104.25	3.52	$675
Jul 2013	1	327	102.52	3.72	$1,318
Jun 2013	0	135	94.40	3.93	$531
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	146	92.66	2.91	$425
Jul 2012	0	391	85.13	3.02	$1,181
Jun 2012	0	398	79.82	2.52	$1,003
May 2012	0	339	91.61	2.49	$844
Apr 2012	0	298	101.65	2.00	$595
Mar 2012	0	326	105.05	2.22	$724
Feb 2012	0	299	101.10	2.57	$769
Jan 2012	0	384	98.09	2.73	$1,050
Dec 2011	0	341	96.87	3.24	$1,105
Nov 2011	0	461	95.72	3.31	$1,527
Oct 2011	0	386	84.98	3.65	$1,408
Sep 2011	0	409	83.62	3.99	$1,630
Aug 2011	0	380	83.40	4.15	$1,577
Jul 2011	0	371	94.14	4.52	$1,676
Jun 2011	0	478	92.90	4.64	$2,218
May 2011	0	344	98.13	4.40	$1,515
Apr 2011	0	289	105.96	4.33	$1,252
Mar 2011	0	323	96.36	4.06	$1,311
Feb 2011	0	408	85.64	4.18	$1,705
Jan 2011	0	517	86.50	4.59	$2,372
Dec 2010	0	577	85.73	4.35	$2,509
Nov 2010	0	401	80.84	3.80	$1,522
Oct 2010	0	566	78.10	3.51	$1,986
Sep 2010	0	556	72.63	3.98	$2,213
Aug 2010	0	577	73.68	4.42	$2,550
Jul 2010	0	657	72.55	4.74	$3,112
Jun 2010	0	653	70.36	4.91	$3,206
May 2010	0	665	71.12	4.24	$2,816
Apr 2010	0	760	81.69	4.12	$3,133
Mar 2010	0	881	78.39	4.39	$3,866
Feb 2010	0	737	73.58	5.44	$4,011
Jan 2010	0	716	74.36	5.96	$4,270
Dec 2009	0	522	71.44	5.48	$2,863
Nov 2009	0	725	74.59	3.75	$2,720
Oct 2009	0	744	72.54	4.11	$3,058
Sep 2009	0	1,002	65.54	3.06	$3,071
Aug 2009	0	876	67.42	3.22	$2,819
Jul 2009	0	1,158	61.13	3.46	$4,012
Jun 2009	0	1,802	66.16	3.90	$7,019
May 2009	0	2,750	54.74	3.93	$10,796
Apr 2009	0	2,618	46.77	3.59	$9,392
Mar 2009	0	2,304	42.14	4.06	$9,352
Feb 2009	0	2,048	32.81	4.63	$9,488
Jan 2009	0	1,785	35.86	5.37	$9,587
Dec 2008	0	2,132	37.10	5.98	$12,743
Nov 2008	0	1,047	55.49	6.86	$7,183
Oct 2008	0	654	75.24	6.92	$4,527
Sep 2008	0	644	101.76	7.88	$5,073
Aug 2008	0	756	114.22	8.48	$6,413
Jul 2008	0	860	131.08	11.39	$9,795
Jun 2008	0	760	131.33	13.03	$9,905
May 2008	0	935	123.17	11.57	$10,822
Apr 2008	0	725	110.31	10.45	$7,580
Mar 2008	0	884	101.90	9.66	$8,543
Feb 2008	0	707	92.53	8.77	$6,201
Jan 2008	0	829	90.38	8.21	$6,803
Dec 2007	0	847	88.33	7.30	$6,185
Nov 2007	0	781	91.67	7.29	$5,695
Oct 2007	0	1,203	82.85	6.92	$8,327
Sep 2007	0	1,996	75.84	6.24	$12,463
Aug 2007	0	1,611	69.06	6.39	$10,291
Jul 2007	0	1,161	70.90	6.39	$7,416
Jun 2007	0	847	62.00	7.55	$6,394
May 2007	0	621	58.74	7.85	$4,873
Apr 2007	0	813	59.61	7.81	$6,346
Mar 2007	0	874	56.92	7.30	$6,382
Feb 2007	0	762	55.10	8.22	$6,261
Jan 2007	0	971	50.30	6.73	$6,532
Dec 2006	0	1,271	56.65	6.92	$8,793
Nov 2006	0	1,529	54.20	7.62	$11,647
Oct 2006	0	3,055	54.90	6.01	$18,372
Sep 2006	0	1,989	60.08	5.04	$10,019
Aug 2006	0	594	68.71	7.34	$4,360
Jul 2006	0	1,590	69.37	6.34	$10,085
Jun 2006	0	1,381	66.28	6.38	$8,816
May 2006	0	1,302	66.01	6.42	$8,365
Apr 2006	0	1,287	64.39	7.36	$9,473
Mar 2006	0	2,033	56.70	7.08	$14,400
Feb 2006	0	2,940	57.59	7.75	$22,788
Jan 2006	0	2,748	60.59	8.93	$24,549
Dec 2005	0	2,261	54.94	13.42	$30,332
Nov 2005	0	4,819	54.69	10.59	$51,026
Oct 2005	0	11,574	58.34	13.80	$159,672
Sep 2005	0	10,101	61.45	12.08	$122,010
Aug 2005	0	14,091	61.51	9.80	$138,047
Jul 2005	0	15,130	55.69	7.84	$118,674
Jun 2005	0	14,947	52.33	7.38	$110,324
May 2005	0	15,053	45.22	6.65	$100,120
Apr 2005	0	12,181	49.20	7.36	$89,658
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	891	45.22	6.31	$5,624
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	491	29.76	5.13	$2,519
Jul 2003	0	4,362	29.41	5.17	$22,555
Jun 2003	0	6,864	28.56	5.98	$41,067
May 2003	0	9,596	26.59	5.97	$57,314
Apr 2003	0	6,788	26.67	5.41	$36,705
Mar 2003	0	6,537	31.14	6.10	$39,850
Feb 2003	0	5,845	33.48	7.93	$46,327
Jan 2003	0	12,041	30.31	5.58	$67,213
Dec 2002	0	11,710	26.91	4.85	$56,838
Nov 2002	0	12,703	24.66	4.14	$52,552
Oct 2002	0	13,128	26.46	4.23	$55,520
Sep 2002	0	11,505	27.44	3.64	$41,823
Aug 2002	0	10,871	25.96	3.16	$34,398
Jul 2002	0	8,959	24.58	3.06	$27,430
Jun 2002	0	7,607	23.73	3.34	$25,394
May 2002	0	7,615	24.66	3.58	$27,292
Apr 2002	0	11,189	23.65	3.51	$39,299
Mar 2002	0	9,292	22.00	3.10	$28,830
Feb 2002	0	9,874	18.22	2.38	$23,457
Jan 2002	0	11,280	17.17	2.38	$26,798
Dec 2001	0	12,301	16.93	2.36	$29,084
Nov 2001	0	11,147	18.07	2.41	$26,814
Oct 2001	0	13,625	19.78	2.53	$34,456
Sep 2001	0	13,829	24.26	2.25	$31,134
Aug 2001	0	5,531	24.87	3.05	$16,887
Jul 2001	0	9,306	23.93	3.20	$29,752
Jun 2001	0	9,720	24.56	3.82	$37,171
May 2001	0	13,959	25.52	4.31	$60,126
Apr 2001	0	12,906	24.68	5.34	$68,858
Mar 2001	0	7,565	24.54	5.38	$40,673
Feb 2001	0	13,388	27.75	5.77	$77,210
Jan 2001	0	12,391	27.47	8.40	$104,069
Dec 2000	0	11,464	26.88	9.12	$104,580
Nov 2000	0	12,627	32.21	5.66	$71,444
Oct 2000	0	12,517	31.23	5.15	$64,406
Sep 2000	0	12,562	31.87	5.19	$65,153
Aug 2000	0	13,288	29.64	4.54	$60,337
Jul 2000	0	13,607	28.53	4.09	$55,649
Jun 2000	0	15,123	29.30	4.40	$66,500
May 2000	0	16,515	27.26	3.68	$60,771
Apr 2000	0	15,361	24.51	3.12	$47,865
Mar 2000	0	12,079	28.42	2.86	$34,543
Feb 2000	0	14,660	27.62	2.73	$39,970
Jan 2000	0	16,058	25.27	2.48	$39,832
Dec 1999	0	18,681	24.28	2.42	$45,278
Nov 1999	0	14,772	23.19	2.43	$35,955
Oct 1999	0	16,523	20.98	2.80	$46,326
Sep 1999	0	17,296	21.75	2.62	$45,296
Aug 1999	0	16,301	19.26	2.88	$46,875
Jul 1999	0	17,453	17.89	2.37	$41,405
Jun 1999	0	14,868	15.94	2.36	$35,120
May 1999	0	363	15.79	2.32	$843
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	10,664	9.98	1.82	$19,385
Jan 1999	0	14,556	10.38	1.90	$27,656
Dec 1998	0	13,948	9.20	1.77	$24,734
Nov 1998	0	13,522	10.89	2.19	$29,555
Oct 1998	0	14,361	12.42	1.97	$28,280
Sep 1998	0	12,564	12.59	2.08	$26,166
Aug 1998	0	14,208	11.30	1.91	$27,100
Jul 1998	0	10,055	11.74	2.24	$22,496
Jun 1998	0	11,143	11.24	2.24	$24,930
May 1998	0	13,789	12.62	2.21	$30,423
Apr 1998	0	13,818	13.04	2.51	$34,619
Mar 1998	0	14,841	12.80	2.31	$34,274
Feb 1998	0	14,273	13.95	2.30	$32,815
Jan 1998	0	15,755	14.70	2.15	$33,949
Dec 1997	0	18,560	16.32	2.41	$44,750
Nov 1997	0	20,514	18.19	3.09	$63,353
Oct 1997	0	21,574	19.25	3.15	$67,954
Sep 1997	0	22,661	17.74	2.95	$66,961
Aug 1997	0	21,207	17.86	2.55	$54,178
Jul 1997	0	18,526	17.58	2.25	$41,627
Jun 1997	0	16,617	17.24	2.26	$37,508
May 1997	0	20,616	18.97	2.31	$47,592
Apr 1997	0	17,896	17.88	2.08	$37,273
Mar 1997	0	21,092	18.95	1.94	$40,900
Feb 1997	0	19,447	20.49	2.21	$42,898
Jan 1997	0	21,813	23.48	3.54	$77,211
Dec 1996	0	24,732	23.32	—	$0
Nov 1996	0	10,257	21.97	—	$0
Oct 1996	0	9,748	23.31	—	$0
Sep 1996	0	21,969	22.22	—	$0
Aug 1996	0	26,236	20.26	—	$0
Jul 1996	0	17,652	19.55	—	$0
Jun 1996	0	26,128	18.73	—	$0
May 1996	0	7,943	19.43	—	$0
Apr 1996	0	896	21.51	—	$0
Mar 1996	0	1,000	19.38	—	$0
Feb 1996	0	879	16.98	—	$0
Jan 1996	0	1,009	17.07	—	$0
Dec 1995	0	1,784	17.19	—	$0
Nov 1995	0	2,200	16.00	—	$0
Oct 1995	0	2,654	15.43	—	$0
Sep 1995	0	2,961	16.18	—	$0
Aug 1995	0	482	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	362	17.73	—	$0
Mar 1995	0	753	16.44	—	$0
Feb 1995	0	438	16.58	—	$0
Jan 1995	0	567	15.92	—	$0
Dec 1994	0	1,217	15.03	—	$0
Nov 1994	0	9,385	15.90	—	$0
Oct 1994	0	16,256	15.58	—	$0
Sep 1994	0	17,230	15.29	—	$0
Aug 1994	0	17,608	16.13	—	$0
Jul 1994	0	569	17.56	—	$0
Jun 1994	0	12,163	17.09	—	$0
May 1994	0	12,098	15.88	—	$0
Apr 1994	0	12,812	14.14	—	$0
Mar 1994	0	15,947	12.46	—	$0
Feb 1994	0	14,672	12.50	—	$0
Jan 1994	0	17,317	12.66	—	$0
Dec 1993	0	18,787	12.33	—	$0
Nov 1993	0	18,032	14.49	—	$0
Oct 1993	0	20,668	15.85	—	$0
Sep 1993	0	22,128	15.03	—	$0
Aug 1993	0	21,552	15.66	—	$0
Jul 1993	0	21,515	15.46	—	$0
Jun 1993	0	21,994	16.79	—	$0
May 1993	0	23,424	17.68	—	$0
Apr 1993	0	22,733	18.05	—	$0
Mar 1993	0	20,882	18.14	—	$0
Feb 1993	0	21,284	17.90	—	$0
Jan 1993	0	24,484	16.93	—	$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.

Sep 2013 — as filed, then multipliedworked

Condensate             1 bbl  × $104.11 =       $104
Gas                   35 Mcf  × $  3.72 =       $130

────────────────────────────────────────────────────
Month total                                     $234

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/130707 is the state's own key, not one this site invented.