KING RANCH BORREGOS

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

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the BORREGOS (ZONE K-08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 131361District 04Field 10730180CondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Jan 2005

Value, last 12 filed months

at the published price for each month

Months reported

145

no gaps in the span

Streams

condensate, gas

The BORREGOS (ZONE K-08) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1964-11-29

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 06/01/2011.”

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	28,646 bbl	$499,856
Gas	Production	871,366 Mcf	$1,073,912
Total			$1,573,767

476,729 Mcf of this lease's gas, across 46 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 27.4717, -97.9183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47169, -97.91827 · 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

10,400 ft

1 wells filed one

Completion to plug

15.6 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 10,400 ft.

Completions filed

Jun 1989

1 of 1 wells

Plug dates filed

Jan 2005

1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-27332139	M 53E	10,400 ft	Jun 1989	Jan 2005	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 (145)

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

145 months


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	1	0	28.17	4.76	$28
Sep 2003	33	0	26.31	4.75	$868
Aug 2003	1,680	36,398	29.76	5.13	$236,708
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	4	339	28.53	4.09	$1,501
Jun 2000	57	7,352	29.30	4.40	$33,999
May 2000	45	8,098	27.26	3.68	$31,025
Apr 2000	37	5,944	24.51	3.12	$19,428
Mar 2000	46	7,006	28.42	2.86	$21,343
Feb 2000	72	9,232	27.62	2.73	$27,160
Jan 2000	42	8,223	25.27	2.48	$21,458
Dec 1999	45	8,051	24.28	2.42	$20,606
Nov 1999	41	7,782	23.19	2.43	$19,892
Oct 1999	42	6,850	20.98	2.80	$20,087
Sep 1999	38	7,640	21.75	2.62	$20,835
Aug 1999	2	7,224	19.26	2.88	$20,812
Jul 1999	31	6,477	17.89	2.37	$15,920
Jun 1999	44	9,087	15.94	2.36	$22,166
May 1999	42	8,479	15.79	2.32	$20,343
Apr 1999	45	8,319	15.10	2.21	$19,048
Mar 1999	57	4,611	12.47	1.84	$9,187
Feb 1999	97	4,920	9.98	1.82	$9,912
Jan 1999	114	8,517	10.38	1.90	$17,365
Dec 1998	79	8,136	9.20	1.77	$15,155
Nov 1998	84	8,193	10.89	2.19	$18,822
Oct 1998	111	9,272	12.42	1.97	$19,637
Sep 1998	112	8,646	12.59	2.08	$19,416
Aug 1998	94	8,525	11.30	1.91	$17,322
Jul 1998	69	7,893	11.74	2.24	$18,469
Jun 1998	89	8,658	11.24	2.24	$20,371
May 1998	73	9,953	12.62	2.21	$22,881
Apr 1998	113	9,894	13.04	2.51	$26,261
Mar 1998	180	8,597	12.80	2.31	$22,158
Feb 1998	137	7,678	13.95	2.30	$19,564
Jan 1998	160	10,371	14.70	2.15	$24,699
Dec 1997	196	10,853	16.32	2.41	$29,366
Nov 1997	164	10,357	18.19	3.09	$34,968
Oct 1997	156	10,047	19.25	3.15	$34,649
Sep 1997	255	11,264	17.74	2.95	$37,807
Aug 1997	133	7,600	17.86	2.55	$21,791
Jul 1997	36	8,612	17.58	2.25	$19,984
Jun 1997	260	10,276	17.24	2.26	$27,677
May 1997	278	10,827	18.97	2.31	$30,268
Apr 1997	195	10,164	17.88	2.08	$24,656
Mar 1997	324	9,204	18.95	1.94	$23,988
Feb 1997	351	9,299	20.49	2.21	$27,705
Jan 1997	386	9,769	23.48	3.54	$43,643
Dec 1996	278	9,264	23.32	—	$6,483
Nov 1996	342	9,697	21.97	—	$7,514
Oct 1996	388	13,110	23.31	—	$9,044
Sep 1996	140	7,098	22.22	—	$3,111
Aug 1996	180	7,155	20.26	—	$3,647
Jul 1996	339	8,866	19.55	—	$6,627
Jun 1996	415	8,124	18.73	—	$7,773
May 1996	419	7,540	19.43	—	$8,141
Apr 1996	424	8,970	21.51	—	$9,120
Mar 1996	441	10,725	19.38	—	$8,547
Feb 1996	461	10,163	16.98	—	$7,828
Jan 1996	508	11,863	17.07	—	$8,672
Dec 1995	467	12,460	17.19	—	$8,028
Nov 1995	545	13,218	16.00	—	$8,720
Oct 1995	443	13,376	15.43	—	$6,835
Sep 1995	595	16,311	16.18	—	$9,627
Aug 1995	840	18,355	15.92	—	$13,373
Jul 1995	0	0	15.24	—	$0
Jun 1995	196	1,263	16.41	—	$3,216
May 1995	845	16,327	17.56	—	$14,838
Apr 1995	0	0	17.73	—	$0
Mar 1995	348	6,566	16.44	—	$5,721
Feb 1995	279	6,145	16.58	—	$4,626
Jan 1995	515	11,469	15.92	—	$8,199
Dec 1994	491	8,585	15.03	—	$7,380
Nov 1994	444	9,796	15.90	—	$7,060
Oct 1994	447	10,716	15.58	—	$6,964
Sep 1994	453	10,605	15.29	—	$6,926
Aug 1994	401	8,455	16.13	—	$6,468
Jul 1994	489	14,590	17.56	—	$8,587
Jun 1994	570	11,846	17.09	—	$9,741
May 1994	392	8,971	15.88	—	$6,225
Apr 1994	560	10,097	14.14	—	$7,918
Mar 1994	581	9,018	12.46	—	$7,239
Feb 1994	250	6,057	12.50	—	$3,125
Jan 1994	878	12,879	12.66	—	$11,115
Dec 1993	734	1,110	12.33	—	$9,050
Nov 1993	770	11,418	14.49	—	$11,157
Oct 1993	798	17,736	15.85	—	$12,648
Sep 1993	596	10,791	15.03	—	$8,958
Aug 1993	601	9,895	15.66	—	$9,412
Jul 1993	906	10,901	15.46	—	$14,007
Jun 1993	440	11,033	16.79	—	$7,388
May 1993	701	15,040	17.68	—	$12,394
Apr 1993	815	17,879	18.05	—	$14,711
Mar 1993	47	4,464	18.14	—	$853
Feb 1993	10	2,432	17.90	—	$179
Jan 1993	214	14,350	16.93	—	$3,623

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.

Oct 2003 — as filed, then multipliedworked

Condensate             1 bbl  × $ 28.17 =        $28
Gas                    0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                      $28

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/131361 is the state's own key, not one this site invented.