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 133357District 04Field 86508170NGPA filingGasSaveExport
Value, all time
$1.4 M
Jan 1993 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
252
no gaps in the span
Streams
1
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
GasProduction908,220 Mcf$1,445,973
Total$1,445,973

437,996 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 27.6705, -97.9454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67046, -97.94536 · 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
7,135 ft
1 wells filed one
Completion to plug
23.9 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 7,135 ft.

Completions filed
Jan 1990
1 of 1 wells
Plug dates filed
Dec 2013
1 of 1 wells

Last completion to plug: a median of 23.9 years across the 1 well that filed both dates, with the middle half between 23.9 years and 23.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932127A 877,135 ftJan 1990Dec 2013Yes

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 (252)

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

252 months

Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 20061857.597.75$140
Jan 200611260.598.93$1,001
Dec 200511954.9413.42$1,596
Nov 200514854.6910.59$1,567
Oct 2005058.3413.80$0
Sep 200577261.4512.08$9,325
Aug 200558461.519.80$5,721
Jul 200547155.697.84$3,694
Jun 200513552.337.38$996
May 200515545.226.65$1,031
Apr 200517749.207.36$1,303
Mar 200511650.377.15$830
Feb 200510845.226.31$682
Jan 200522443.166.32$1,416
Dec 200428239.866.75$1,904
Nov 200448145.286.33$3,045
Oct 200434249.706.52$2,228
Sep 200413343.245.28$703
Aug 200420142.375.55$1,116
Jul 200433238.286.08$2,020
Jun 200463436.106.43$4,079
May 20041,25737.486.49$8,164
Apr 20041,45734.475.86$8,536
Mar 20041,24034.365.53$6,857
Feb 200498432.455.51$5,421
Jan 20041,14432.036.30$7,207
Dec 200370830.266.30$4,462
Nov 200346228.804.60$2,123
Oct 200394828.174.76$4,512
Sep 200316626.314.75$788
Aug 200323429.765.13$1,200
Jul 200360629.415.17$3,134
Jun 200373928.565.98$4,421
May 200378126.595.97$4,665
Apr 20031,06126.675.41$5,737
Mar 200327831.146.10$1,695
Feb 200320833.487.93$1,649
Jan 200344030.315.58$2,456
Dec 200275126.914.85$3,645
Nov 200246924.664.14$1,940
Oct 20021,15126.464.23$4,868
Sep 20021,30927.443.64$4,758
Aug 20021,88025.963.16$5,949
Jul 20022,65924.583.06$8,141
Jun 20022,98523.733.34$9,965
May 20023,67224.663.58$13,160
Apr 20023,74723.653.51$13,161
Mar 20023,67522.003.10$11,403
Feb 20024,12018.222.38$9,788
Jan 20024,39417.172.38$10,439
Dec 20014,87216.932.36$11,519
Nov 20014,15218.072.41$9,988
Oct 20015,23719.782.53$13,244
Sep 20014,58224.262.25$10,316
Aug 20015,61124.873.05$17,131
Jul 20016,28123.933.20$20,081
Jun 20015,89224.563.82$22,532
May 20015,87325.524.31$25,297
Apr 20015,33724.685.34$28,475
Mar 20014,76624.545.38$25,624
Feb 20014,77127.755.77$27,515
Jan 20014,81027.478.40$40,398
Dec 20005,57126.889.12$50,821
Nov 20004,29532.215.66$24,301
Oct 20005,86131.235.15$30,158
Sep 20006,78831.875.19$35,206
Aug 20003,70529.644.54$16,823
Jul 20007,27528.534.09$29,753
Jun 20003,16829.304.40$13,930
May 20006,26927.263.68$23,068
Apr 20006,38024.513.12$19,880
Mar 20006,48828.422.86$18,554
Feb 20005,92927.622.73$16,165
Jan 20006,63425.272.48$16,456
Dec 19997,00424.282.42$16,976
Nov 19996,29323.192.43$15,317
Oct 19997,07720.982.80$19,842
Sep 19997,31421.752.62$19,154
Aug 19997,12219.262.88$20,480
Jul 19997,10117.892.37$16,846
Jun 19997,06015.942.36$16,676
May 19997,62515.792.32$17,698
Apr 19997,07515.102.21$15,622
Mar 19997,71312.471.84$14,179
Feb 19997,2159.981.82$13,115
Jan 19998,13410.381.90$15,454
Dec 19987,9769.201.77$14,144
Nov 19987,93910.892.19$17,352
Oct 19988,19012.421.97$16,128
Sep 19988,23612.592.08$17,152
Aug 19988,32811.301.91$15,884
Jul 19986,77211.742.24$15,151
Jun 19987,71511.242.24$17,261
May 19988,04112.622.21$17,741
Apr 19987,78913.042.51$19,514
Mar 19988,24312.802.31$19,037
Feb 19987,56613.952.30$17,395
Jan 19988,53014.702.15$18,380
Dec 19978,45516.322.41$20,386
Nov 19978,40018.193.09$25,941
Oct 19978,74719.253.15$27,551
Sep 19978,38717.742.95$24,783
Aug 19978,98417.862.55$22,952
Jul 19979,29917.582.25$20,894
Jun 19978,97617.242.26$20,261
May 19979,41218.972.31$21,728
Apr 19979,28817.882.08$19,345
Mar 19979,68518.951.94$18,781
Feb 19978,98420.492.21$19,818
Jan 19979,93323.483.54$35,160
Dec 199610,34023.32$0
Nov 199610,06321.97$0
Oct 19968,33923.31$0
Sep 19969,85222.22$0
Aug 199610,69520.26$0
Jul 199611,75219.55$0
Jun 19969,33918.73$0
May 19964,65619.43$0
Apr 19964,49221.51$0
Mar 19967,06719.38$0
Feb 19967,13416.98$0
Jan 19967,71217.07$0
Dec 19955,39117.19$0
Nov 1995016.00$0
Oct 19955,62115.43$0
Sep 199510,93316.18$0
Aug 19959,26715.92$0
Jul 19959,48715.24$0
Jun 19959,16916.41$0
May 199510,08017.56$0
Apr 19959,78417.73$0
Mar 19959,59816.44$0
Feb 19957,90416.58$0
Jan 199510,28715.92$0
Dec 199410,54915.03$0
Nov 199410,71215.90$0
Oct 199413,15715.58$0
Sep 19948,32415.29$0
Aug 19948,93616.13$0
Jul 19948,99617.56$0
Jun 19948,76417.09$0
May 19946,94215.88$0
Apr 199410,24214.14$0
Mar 199410,38312.46$0
Feb 19948,30712.50$0
Jan 199410,00012.66$0
Dec 199310,54112.33$0
Nov 19939,27714.49$0
Oct 19939,75815.85$0
Sep 19939,94415.03$0
Aug 199311,10115.66$0
Jul 199310,27015.46$0
Jun 19939,81716.79$0
May 199310,67217.68$0
Apr 199310,94218.05$0
Mar 199310,48818.14$0
Feb 19939,95017.90$0
Jan 199310,96216.93$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.

Feb 2006 — as filed, then multipliedworked
Gas                   18 Mcf  × $  7.75 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/133357 is the state's own key, not one this site invented.