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 157790District 04Field 86508170GasSave
Value, all time
$5.1 M
Mar 1996 – Jul 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
no gaps in the span
Streams
1
gas

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
GasProduction1,056,418 Mcf$5,111,089
Total$5,111,089

115,911 Mcf of this lease's gas, across 7 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 27.6726, -97.9469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67258, -97.94694 · 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
6,915 ft
1 wells filed one
Completion to plug
12.8 years
median over 1 wells

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 6,915 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
Jul 2016
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932251A 906,915 ftSep 2003Jul 2016Yes

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 (245)

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

245 months

Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 20144197.406.19$254
Jan 201438790.404.86$1,881
Dec 201369191.824.35$3,009
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 2008355.496.86$21
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20081131.0811.39$11
Jun 2008842131.3313.03$10,973
May 200888123.1711.57$1,019
Apr 20086,384110.3110.45$66,744
Mar 20086,962101.909.66$67,281
Feb 20088,93092.538.77$78,321
Jan 20088,11290.388.21$66,565
Dec 200711,77088.337.30$85,944
Nov 200711,32491.677.29$82,571
Oct 200712,09382.856.92$83,708
Sep 200712,45775.846.24$77,784
Aug 20076,74369.066.39$43,074
Jul 20076,97070.906.39$44,524
Jun 20077,44762.007.55$56,213
May 20079,53858.747.85$74,838
Apr 20078,74159.617.81$68,225
Mar 20079,96356.927.30$72,750
Feb 20077,93555.108.22$65,194
Jan 200710,03450.306.73$67,497
Dec 200610,17456.656.92$70,388
Nov 200610,37654.207.62$79,039
Oct 200610,52854.906.01$63,313
Sep 20067,40460.085.04$37,295
Aug 2006068.717.34$0
Jul 200611,31269.376.34$71,749
Jun 200610,35666.286.38$66,111
May 20069,69166.016.42$62,265
Apr 20069,09564.397.36$66,944
Mar 2006056.707.08$0
Feb 200611,96557.597.75$92,742
Jan 20065,64960.598.93$50,464
Dec 20057,85954.9413.42$105,432
Nov 20059,21754.6910.59$97,593
Oct 2005058.3413.80$0
Sep 20057,78261.4512.08$93,999
Aug 200510,66561.519.80$104,483
Jul 20055,82655.697.84$45,697
Jun 200511,70452.337.38$86,388
May 20054,16545.226.65$27,702
Apr 20059,30449.207.36$68,482
Mar 200511,47250.377.15$82,081
Feb 20059,46945.226.31$59,768
Jan 200512,05243.166.32$76,195
Dec 20049,25939.866.75$62,508
Nov 200411,80445.286.33$74,724
Oct 20047,93249.706.52$51,678
Sep 200410,75143.245.28$56,807
Aug 200410,88442.375.55$60,413
Jul 200413,11938.286.08$79,818
Jun 200411,47336.106.43$73,806
May 200413,31637.486.49$86,482
Apr 200411,51734.475.86$67,472
Mar 200412,02034.365.53$66,472
Feb 200413,73532.455.51$75,675
Jan 200415,40532.036.30$97,046
Dec 200314,70830.266.30$92,685
Nov 200317,49128.804.60$80,374
Oct 200314,71028.174.76$70,014
Sep 20033,03726.314.75$14,424
Aug 20034,57529.765.13$23,468
Jul 20032,31529.415.17$11,970
Jun 200359228.565.98$3,542
May 20034,81626.595.97$28,764
Apr 20036,06926.675.41$32,817
Mar 20036,07531.146.10$37,033
Feb 20036,02733.487.93$47,769
Jan 20037,88830.315.58$44,031
Dec 20027,97526.914.85$38,709
Nov 20025,14624.664.14$21,289
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 20011,58524.873.05$4,839
Jul 20014,83723.933.20$15,464
Jun 20014,36024.563.82$16,673
May 20015,40325.524.31$23,272
Apr 20014,54524.685.34$24,249
Mar 20016,00424.545.38$32,280
Feb 20012,68627.755.77$15,490
Jan 20015,83827.478.40$49,032
Dec 20002,67926.889.12$24,439
Nov 20005,82732.215.66$32,969
Oct 20007,84631.235.15$40,372
Sep 20007,59431.875.19$39,386
Aug 20004,65529.644.54$21,137
Jul 20005,85728.534.09$23,954
Jun 20006,04729.304.40$26,590
May 20002,70327.263.68$9,946
Apr 20004,37824.513.12$13,642
Mar 20003,92028.422.86$11,210
Feb 20005,39627.622.73$14,712
Jan 20009,08025.272.48$22,523
Dec 199968724.282.42$1,665
Nov 19991,31723.192.43$3,206
Oct 19997,91920.982.80$22,203
Sep 19997,84721.752.62$20,550
Aug 19998,19419.262.88$23,563
Jul 19998,37817.892.37$19,876
Jun 19992,55215.942.36$6,028
May 199910,90815.792.32$25,318
Apr 199911,56815.102.21$25,543
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 19981,38010.892.19$3,016
Oct 19988,15612.421.97$16,061
Sep 1998012.592.08$0
Aug 19986,41611.301.91$12,238
Jul 19988,38511.742.24$18,760
Jun 19983,81811.242.24$8,542
May 19986,88512.622.21$15,191
Apr 19982,72213.042.51$6,820
Mar 19987,33612.802.31$16,942
Feb 19986,77713.952.30$15,581
Jan 19989,98214.702.15$21,509
Dec 19979,64816.322.41$23,262
Nov 19979,71118.193.09$29,990
Oct 19979,94119.253.15$31,312
Sep 19976,22017.742.95$18,379
Aug 199714,60117.862.55$37,302
Jul 19975,57917.582.25$12,536
Jun 19972,99617.242.26$6,763
May 199711,05418.972.31$25,518
Apr 199714,71617.882.08$30,650
Mar 199714,99018.951.94$29,068
Feb 199714,67720.492.21$32,376
Jan 199717,74723.483.54$62,819
Dec 199619,32223.32$0
Nov 199619,94921.97$0
Oct 199610,85523.31$0
Sep 199619,51122.22$0
Aug 199621,61020.26$0
Jul 199619,19219.55$0
Jun 19965,47218.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$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 2014 — as filed, then multipliedworked
Gas                   41 Mcf  × $  6.19 =       $254

────────────────────────────────────────────────────
Month total                                     $254

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/157790 is the state's own key, not one this site invented.