KING RANCH STRATTON

Operated by EXXON MOBIL CORPORATION (P-5 257128) 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 159141District 04Field 86508170GasSave
Value, all time
$4.0 M
May 1996 – Oct 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
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
GasProduction1,233,952 Mcf$3,963,564
Total$3,963,564

218,382 Mcf of this lease's gas, across 6 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 27.6760, -97.9505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67603, -97.95054 · 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
6,935 ft
1 wells filed one
Completion to plug
11.8 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 6,935 ft.

Completions filed
Dec 1999
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932259A 91DF6,935 ftDec 1999Oct 2011Yes

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 (186)

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

186 months

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 20101672.633.98$64
Aug 201094573.684.42$4,176
Jul 201058272.554.74$2,757
Jun 201066370.364.91$3,256
May 201075671.124.24$3,202
Apr 201073481.694.12$3,026
Mar 201078878.394.39$3,458
Feb 201075473.585.44$4,104
Jan 201075574.365.96$4,503
Dec 200982471.445.48$4,519
Nov 200972774.593.75$2,727
Oct 200963072.544.11$2,589
Sep 200968965.543.06$2,112
Aug 200977267.423.22$2,485
Jul 200977061.133.46$2,668
Jun 200983766.163.90$3,260
May 200938354.743.93$1,504
Apr 200973046.773.59$2,619
Mar 200977642.144.06$3,150
Feb 200971932.814.63$3,331
Jan 200980935.865.37$4,345
Dec 200885937.105.98$5,134
Nov 20081,22955.496.86$8,431
Oct 200888575.246.92$6,126
Sep 2008858101.767.88$6,759
Aug 2008871114.228.48$7,389
Jul 2008876131.0811.39$9,977
Jun 2008895131.3313.03$11,664
May 2008937123.1711.57$10,845
Apr 2008994110.3110.45$10,392
Mar 2008815101.909.66$7,876
Feb 20081,15492.538.77$10,121
Jan 200884390.388.21$6,917
Dec 20071,23588.337.30$9,018
Nov 20071,07291.677.29$7,817
Oct 200798382.856.92$6,804
Sep 20071,01675.846.24$6,344
Aug 20071,22769.066.39$7,838
Jul 20071,41670.906.39$9,045
Jun 20071,27862.007.55$9,647
May 20071,40558.747.85$11,024
Apr 20071,38059.617.81$10,771
Mar 20071,63756.927.30$11,953
Feb 20071,62155.108.22$13,318
Jan 20071,52650.306.73$10,265
Dec 20061,67256.656.92$11,568
Nov 20061,81454.207.62$13,818
Oct 20061,67654.906.01$10,079
Sep 20061,49360.085.04$7,521
Aug 2006068.717.34$0
Jul 20061,53169.376.34$9,711
Jun 20061,51466.286.38$9,665
May 20061,90166.016.42$12,214
Apr 20061,37164.397.36$10,091
Mar 2006056.707.08$0
Feb 20061,68357.597.75$13,045
Jan 20061,95960.598.93$17,500
Dec 20051,95854.9413.42$26,267
Nov 20052,14754.6910.59$22,733
Oct 2005058.3413.80$0
Sep 20052,05961.4512.08$24,871
Aug 20052,42161.519.80$23,718
Jul 20052,19355.697.84$17,201
Jun 20053,76552.337.38$27,790
May 20054,72745.226.65$31,440
Apr 20053,51549.207.36$25,872
Mar 20054,31650.377.15$30,880
Feb 20054,57645.226.31$28,883
Jan 20056,19143.166.32$39,141
Dec 20045,52039.866.75$37,266
Nov 20045,41545.286.33$34,279
Oct 20043,92949.706.52$25,598
Sep 20046,07243.245.28$32,084
Aug 20046,00242.375.55$33,315
Jul 20047,13338.286.08$43,398
Jun 20046,66436.106.43$42,870
May 20046,88437.486.49$44,709
Apr 20046,01334.475.86$35,227
Mar 20047,75934.365.53$42,908
Feb 20046,87732.455.51$37,890
Jan 20048,14032.036.30$51,279
Dec 20037,27830.266.30$45,863
Nov 20032,24628.804.60$10,321
Oct 20031,71628.174.76$8,168
Sep 20032,82726.314.75$13,426
Aug 20036,42529.765.13$32,958
Jul 20037,80529.415.17$40,358
Jun 20034,79128.565.98$28,664
May 200310,42126.595.97$62,241
Apr 20035,89226.675.41$31,860
Mar 20032,09031.146.10$12,741
Feb 20036,51833.487.93$51,661
Jan 20038,05930.315.58$44,986
Dec 20028,77926.914.85$42,611
Nov 20026,44924.664.14$26,679
Oct 20021,56526.464.23$6,619
Sep 200254227.443.64$1,970
Aug 200284125.963.16$2,661
Jul 200254224.583.06$1,659
Jun 200259423.733.34$1,983
May 200255324.663.58$1,982
Apr 200264823.653.51$2,276
Mar 200261722.003.10$1,914
Feb 200276418.222.38$1,815
Jan 200291317.172.38$2,169
Dec 200161316.932.36$1,449
Nov 200164218.072.41$1,544
Oct 20011,40819.782.53$3,561
Sep 20011,42924.262.25$3,217
Aug 200138524.873.05$1,175
Jul 20013,86523.933.20$12,357
Jun 200110,75724.563.82$41,136
May 200111,61025.524.31$50,008
Apr 200111,19124.685.34$59,708
Mar 200110,56424.545.38$56,797
Feb 200110,78627.755.77$62,204
Jan 200112,37527.478.40$103,935
Dec 200013,26226.889.12$120,983
Nov 200013,31532.215.66$75,336
Oct 200013,36931.235.15$68,790
Sep 200013,45831.875.19$69,800
Aug 200015,53729.644.54$70,550
Jul 200015,91828.534.09$65,101
Jun 200016,78029.304.40$73,786
May 200017,55527.263.68$64,598
Apr 200016,07424.513.12$50,087
Mar 20009,16228.422.86$26,201
Feb 20001,47427.622.73$4,019
Jan 20001,18725.272.48$2,944
Dec 19991,11424.282.42$2,700
Nov 19991,28123.192.43$3,118
Oct 19991,42720.982.80$4,001
Sep 19991,57621.752.62$4,127
Aug 19991,77219.262.88$5,096
Jul 19991,94717.892.37$4,619
Jun 19992,19015.942.36$5,173
May 19991,37615.792.32$3,194
Apr 19991,82715.102.21$4,034
Mar 19993,83412.471.84$7,048
Feb 199913,6599.981.82$24,829
Jan 199919,39910.381.90$36,857
Dec 199819,5049.201.77$34,587
Nov 199820,54910.892.19$44,914
Oct 199821,79612.421.97$42,921
Sep 199822,85612.592.08$47,600
Aug 199823,56911.301.91$44,954
Jul 199820,69011.742.24$46,289
Jun 199827,81111.242.24$62,221
May 199817,53512.622.21$38,688
Apr 199814,47613.042.51$36,267
Mar 199812,70712.802.31$29,346
Feb 19983,57613.952.30$8,222
Jan 19983,40714.702.15$7,341
Dec 19973,26816.322.41$7,879
Nov 199714,20118.193.09$43,856
Oct 199718,62519.253.15$58,665
Sep 199713,66317.742.95$40,373
Aug 199723,67517.862.55$60,483
Jul 199723,69717.582.25$53,246
Jun 199719,55117.242.26$44,131
May 199726,78618.972.31$61,835
Apr 199727,03917.882.08$56,316
Mar 199731,01018.951.94$60,133
Feb 199730,29120.492.21$66,819
Jan 199739,73423.483.54$140,646
Dec 199648,96423.32$0
Nov 1996122,32121.97$0
Oct 199611,62123.31$0
Sep 199615,56822.22$0
Aug 19967,65520.26$0
Jul 199612,25319.55$0
Jun 1996018.73$0
May 1996019.43$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.

Sep 2010 — as filed, then multipliedworked
Gas                   16 Mcf  × $  3.98 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/159141 is the state's own key, not one this site invented.