KING RANCH BORREGOS

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the BORREGOS (ZONE V-35,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156400District 04Field 10730855CondensateGasSaveExport
Value, all time
$1.9 M
May 1995 – Apr 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1973-05-30
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

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
CondensateDisposition19,075 bbl$345,007
GasProduction1,334,422 Mcf$1,551,434
Total$1,896,441

712,863 Mcf of this lease's gas, across 18 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 27.4835, -97.9723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.48354, -97.97233 · 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
8,860 ft
1 wells filed one
Completion to plug
8.9 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 8,860 ft.

Completions filed
May 2001
1 of 1 wells
Plug dates filed
Apr 2010
1 of 1 wells

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273322146398,860 ftMay 2001Apr 2010Yes

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 (180)

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

180 months

Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
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 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000101,24132.215.66$7,344
Oct 2000189,04531.235.15$47,103
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000574,74529.304.40$22,535
May 200011513,07527.263.68$51,248
Apr 200012913,37724.513.12$44,845
Mar 200013112,83428.422.86$40,425
Feb 2000688,48327.622.73$25,007
Jan 2000468,97825.272.48$23,432
Dec 1999519,23724.282.42$23,626
Nov 1999519,24323.192.43$23,680
Oct 1999569,89120.982.80$28,906
Sep 1999399,94821.752.62$26,901
Aug 199918,87219.262.88$25,532
Jul 19993910,23317.892.37$24,974
Jun 19994110,58215.942.36$25,649
May 19994611,72415.792.32$27,938
Apr 19995111,75015.102.21$26,715
Mar 1999355,27412.471.84$10,132
Feb 1999747,2969.981.82$14,001
Jan 19999914,23510.381.90$28,073
Dec 19986813,6849.201.77$24,892
Nov 19988015,24110.892.19$34,184
Oct 19989214,75012.421.97$30,188
Sep 199812414,33712.592.08$31,420
Aug 199812615,79411.301.91$31,548
Jul 19989915,73811.742.24$36,372
Jun 199811915,93511.242.24$36,988
May 19988415,87812.622.21$36,092
Apr 199813215,95013.042.51$41,681
Mar 199818315,61912.802.31$38,414
Feb 199812813,21013.952.30$32,157
Jan 199815318,17514.702.15$41,412
Dec 199715715,97616.322.41$41,082
Nov 199715618,17618.193.09$58,970
Oct 199719919,65519.253.15$65,740
Sep 199718015,42617.742.95$48,775
Aug 199719821,43417.862.55$58,295
Jul 19973917,90717.582.25$40,922
Jun 199726019,92517.242.26$49,457
May 199729622,24518.972.31$56,968
Apr 199723022,11917.882.08$50,181
Mar 199746525,15518.951.94$57,591
Feb 199747423,93220.492.21$62,504
Jan 199752425,23523.483.54$101,628
Dec 199640525,80823.32$9,445
Nov 199648826,30121.97$10,721
Oct 199656936,25323.31$13,263
Sep 199625722,41622.22$5,711
Aug 199628225,15420.26$5,713
Jul 199654432,17319.55$10,635
Jun 199678935,17318.73$14,778
May 199683433,55119.43$16,205
Apr 199663433,82421.51$13,637
Mar 199659737,89619.38$11,570
Feb 199679741,16916.98$13,533
Jan 199687243,36517.07$14,885
Dec 199594049,66617.19$16,159
Nov 19951,08648,29216.00$17,376
Oct 199596156,70815.43$14,828
Sep 19951,26663,80716.18$20,484
Aug 19951,49677,11515.92$23,816
Jul 199553524,19215.24$8,153
Jun 19950016.41$0
May 19950017.56$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 2000 — as filed, then multipliedworked
Condensate            10 bbl  × $ 32.21 =       $322
Gas                1,241 Mcf  × $  5.66 =     $7,022

────────────────────────────────────────────────────
Month total                                   $7,344

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/156400 is the state's own key, not one this site invented.