KING RANCH BORREGOS

Operated by EXXON MOBIL CORPORATION (P-5 257128) 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 132901District 04Field 10730013CondensateGasSaveExport
Value, all time
$503 k
Jan 1993 – Mar 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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.

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
CondensateDisposition1,007 bbl$18,241
GasProduction484,718 Mcf$484,321
Total$502,561

359,150 Mcf of this lease's gas, across 47 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 27.5175, -98.0171. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51746, -98.01708 · 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
7,000 ft
1 wells filed one
Completion to plug
6.4 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 7,000 ft.

Completions filed
Oct 2000
1 of 1 wells
Plug dates filed
Mar 2007
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273319146197,000 ftOct 2000Mar 2007Yes

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 (171)

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

171 months

Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200504249.207.36$309
Mar 2005017650.377.15$1,259
Feb 2005019745.226.31$1,243
Jan 2005018143.166.32$1,144
Dec 2004034339.866.75$2,316
Nov 2004045845.286.33$2,899
Oct 200401,34749.706.52$8,776
Sep 200401,29743.245.28$6,853
Aug 200401,37842.375.55$7,649
Jul 200401,31038.286.08$7,970
Jun 200401,25436.106.43$8,067
May 200401,58837.486.49$10,313
Apr 200401,43534.475.86$8,407
Mar 200401,34534.365.53$7,438
Feb 200401,29832.455.51$7,151
Jan 200401,39832.036.30$8,807
Dec 200301,39830.266.30$8,810
Nov 200301,39528.804.60$6,410
Oct 200301,48128.174.76$7,049
Sep 200301,46426.314.75$6,953
Aug 200301,50829.765.13$7,736
Jul 200301,52729.415.17$7,896
Jun 200301,43628.565.98$8,592
May 200301,51026.595.97$9,019
Apr 200301,44226.675.41$7,797
Mar 200301,55331.146.10$9,467
Feb 200301,44133.487.93$11,421
Jan 200301,60530.315.58$8,959
Dec 200201,59526.914.85$7,742
Nov 200201,49924.664.14$6,201
Oct 200201,48626.464.23$6,284
Sep 200201,53027.443.64$5,562
Aug 200201,62525.963.16$5,142
Jul 200201,66724.583.06$5,104
Jun 200201,62023.733.34$5,408
May 200201,60824.663.58$5,763
Apr 200201,51823.653.51$5,332
Mar 200201,50722.003.10$4,676
Feb 200201,32018.222.38$3,136
Jan 200201,47617.172.38$3,507
Dec 200101,46016.932.36$3,452
Nov 200101,33318.072.41$3,207
Oct 200101,32519.782.53$3,351
Sep 200101,09424.262.25$2,463
Aug 200101,08724.873.05$3,319
Jul 2001095923.933.20$3,066
Jun 2001075224.563.82$2,876
May 2001068025.524.31$2,929
Apr 2001054824.685.34$2,924
Mar 2001037724.545.38$2,027
Feb 2001035627.755.77$2,053
Jan 2001041527.478.40$3,485
Dec 2000082026.889.12$7,480
Nov 2000071732.215.66$4,057
Oct 200001,07131.235.15$5,511
Sep 200001,57731.875.19$8,179
Aug 200031,65229.644.54$7,590
Jul 200052,07528.534.09$8,629
Jun 200082,00429.304.40$9,046
May 200092,09727.263.68$7,962
Apr 2000162,30724.513.12$7,581
Mar 2000304,11328.422.86$12,615
Feb 2000949,88127.622.73$29,537
Jan 2000242,50125.272.48$6,810
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997133,10716.322.41$7,703
Nov 1997255,38318.193.09$17,079
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199705,13517.882.08$10,695
Mar 199705,45418.951.94$10,576
Feb 199707,71120.492.21$17,010
Jan 199706,31923.483.54$22,367
Dec 199609,83623.32$0
Nov 199609,39821.97$0
Oct 199607,29123.31$0
Sep 1996010,77022.22$0
Aug 199616,40320.26$20
Jul 1996410,25819.55$78
Jun 199648,40018.73$75
May 1996510,46119.43$97
Apr 1996410,57321.51$86
Mar 1996610,98119.38$116
Feb 199698,39916.98$153
Jan 1996399,25217.07$666
Dec 1995416,80817.19$705
Nov 1995317,89316.00$496
Oct 1995269,76115.43$401
Sep 1995239,07416.18$372
Aug 1995198,25815.92$302
Jul 1995259,41015.24$381
Jun 1995157,37116.41$246
May 1995146,49117.56$246
Apr 19952510,57517.73$443
Mar 199583,79816.44$132
Feb 1995208,09316.58$332
Jan 1995198,64015.92$302
Dec 1994229,10315.03$331
Nov 19942410,62615.90$382
Oct 1994206,93715.58$312
Sep 1994143,95715.29$214
Aug 19943411,10516.13$548
Jul 19943813,03417.56$667
Jun 19943913,02617.09$667
May 1994123,97515.88$191
Apr 199408814.14$0
Mar 19940012.46$0
Feb 1994339,54312.50$413
Jan 19945212,63312.66$658
Dec 1993316,90112.33$382
Nov 1993231014.49$29
Oct 199308415.85$0
Sep 1993329,98115.03$481
Aug 1993146,30015.66$219
Jul 199376,97115.46$108
Jun 1993012816.79$0
May 199306,01717.68$0
Apr 199305,84218.05$0
Mar 1993025318.14$0
Feb 1993133,51417.90$233
Jan 19935510,62816.93$931

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.

Apr 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.20 =         $0
Gas                   42 Mcf  × $  7.36 =       $309

────────────────────────────────────────────────────
Month total                                     $309

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/132901 is the state's own key, not one this site invented.