KING RANCH LAGUNA LARGA

Name: KING RANCH LAGUNA LARGA lease production and value, Jul 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the T-C-B (VXBG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160141District 04Field 899451052 tax incentive programmesGasSave Export

Value, all time

$5.1 M

Jul 1996 – Sep 2012

Value, last 12 filed months

at the published price for each month

Months reported

195

no gaps in the span

Streams

gas

The T-C-B (VXBG CONSOLIDATED) field

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 154 leases and 160 wells, and the rule below applies to all of them.

Discovered

2011-05-24

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 40 acres. The field rule took effect on 2011-06-01.

The Commission's schedule remark for this field reads: “INTO THIS FIELD. EFF DATE IS 02/01/14.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-12-15	139899
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	2,175,245 Mcf	$5,121,605
Total			$5,121,605

485,938 Mcf of this lease's gas, across 4 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 27.3344, -98.0178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.33442, -98.01779 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

12,770 ft

1 wells filed one

Completion to plug

16.2 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 12,770 ft.

Completions filed

Jul 1996

1 of 1 wells

Plug dates filed

Sep 2012

1 of 1 wells

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-27332232	1057	12,770 ft	Jul 1996	Sep 2012	Yes

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 (195)

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

195 months


Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	0	95.72	3.31	$0
Oct 2011	0	84.98	3.65	$0
Sep 2011	0	83.62	3.99	$0
Aug 2011	0	83.40	4.15	$0
Jul 2011	0	94.14	4.52	$0
Jun 2011	0	92.90	4.64	$0
May 2011	0	98.13	4.40	$0
Apr 2011	0	105.96	4.33	$0
Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	0	54.69	10.59	$0
Oct 2005	0	58.34	13.80	$0
Sep 2005	0	61.45	12.08	$0
Aug 2005	0	61.51	9.80	$0
Jul 2005	0	55.69	7.84	$0
Jun 2005	0	52.33	7.38	$0
May 2005	0	45.22	6.65	$0
Apr 2005	0	49.20	7.36	$0
Mar 2005	0	50.37	7.15	$0
Feb 2005	0	45.22	6.31	$0
Jan 2005	0	43.16	6.32	$0
Dec 2004	3,283	39.86	6.75	$22,164
Nov 2004	5,455	45.28	6.33	$34,532
Oct 2004	6,030	49.70	6.52	$39,286
Sep 2004	5,972	43.24	5.28	$31,555
Aug 2004	5,543	42.37	5.55	$30,767
Jul 2004	6,923	38.28	6.08	$42,121
Jun 2004	5,845	36.10	6.43	$37,601
May 2004	6,466	37.48	6.49	$41,994
Apr 2004	6,478	34.47	5.86	$37,951
Mar 2004	8,145	34.36	5.53	$45,043
Feb 2004	6,832	32.45	5.51	$37,642
Jan 2004	8,322	32.03	6.30	$52,426
Dec 2003	7,512	30.26	6.30	$47,338
Nov 2003	7,113	28.80	4.60	$32,685
Oct 2003	8,308	28.17	4.76	$39,543
Sep 2003	6,913	26.31	4.75	$32,832
Aug 2003	6,976	29.76	5.13	$35,785
Jul 2003	7,049	29.41	5.17	$36,449
Jun 2003	6,544	28.56	5.98	$39,152
May 2003	6,786	26.59	5.97	$40,531
Apr 2003	6,767	26.67	5.41	$36,591
Mar 2003	7,656	31.14	6.10	$46,671
Feb 2003	7,437	33.48	7.93	$58,945
Jan 2003	8,013	30.31	5.58	$44,729
Dec 2002	8,195	26.91	4.85	$39,777
Nov 2002	8,513	24.66	4.14	$35,218
Oct 2002	9,444	26.46	4.23	$39,940
Sep 2002	9,063	27.44	3.64	$32,946
Aug 2002	9,264	25.96	3.16	$29,313
Jul 2002	9,446	24.58	3.06	$28,921
Jun 2002	8,593	23.73	3.34	$28,686
May 2002	8,848	24.66	3.58	$31,711
Apr 2002	9,119	23.65	3.51	$32,029
Mar 2002	9,411	22.00	3.10	$29,200
Feb 2002	9,141	18.22	2.38	$21,716
Jan 2002	9,725	17.17	2.38	$23,103
Dec 2001	9,769	16.93	2.36	$23,098
Nov 2001	9,736	18.07	2.41	$23,420
Oct 2001	9,528	19.78	2.53	$24,095
Sep 2001	7,965	24.26	2.25	$17,932
Aug 2001	8,100	24.87	3.05	$24,731
Jul 2001	0	23.93	3.20	$0
Jun 2001	7,377	24.56	3.82	$28,211
May 2001	9,147	25.52	4.31	$39,399
Apr 2001	6,718	24.68	5.34	$35,843
Mar 2001	7,988	24.54	5.38	$42,947
Feb 2001	7,909	27.75	5.77	$45,612
Jan 2001	8,569	27.47	8.40	$71,969
Dec 2000	8,269	26.88	9.12	$75,434
Nov 2000	8,839	32.21	5.66	$50,011
Oct 2000	9,030	31.23	5.15	$46,464
Sep 2000	9,914	31.87	5.19	$51,419
Aug 2000	9,747	29.64	4.54	$44,259
Jul 2000	10,077	28.53	4.09	$41,212
Jun 2000	10,696	29.30	4.40	$47,033
May 2000	10,379	27.26	3.68	$38,192
Apr 2000	10,649	24.51	3.12	$33,182
Mar 2000	11,311	28.42	2.86	$32,347
Feb 2000	11,067	27.62	2.73	$30,174
Jan 2000	11,643	25.27	2.48	$28,880
Dec 1999	11,953	24.28	2.42	$28,971
Nov 1999	12,061	23.19	2.43	$29,356
Oct 1999	12,931	20.98	2.80	$36,255
Sep 1999	13,232	21.75	2.62	$34,653
Aug 1999	12,448	19.26	2.88	$35,795
Jul 1999	13,149	17.89	2.37	$31,194
Jun 1999	13,586	15.94	2.36	$32,091
May 1999	14,720	15.79	2.32	$34,165
Apr 1999	14,562	15.10	2.21	$32,154
Mar 1999	15,742	12.47	1.84	$28,939
Feb 1999	14,553	9.98	1.82	$26,454
Jan 1999	18,114	10.38	1.90	$34,416
Dec 1998	19,189	9.20	1.77	$34,028
Nov 1998	20,039	10.89	2.19	$43,800
Oct 1998	21,604	12.42	1.97	$42,543
Sep 1998	23,113	12.59	2.08	$48,136
Aug 1998	24,516	11.30	1.91	$46,761
Jul 1998	17,139	11.74	2.24	$38,345
Jun 1998	18,912	11.24	2.24	$42,311
May 1998	20,803	12.62	2.21	$45,898
Apr 1998	24,169	13.04	2.51	$60,551
Mar 1998	27,514	12.80	2.31	$63,542
Feb 1998	27,039	13.95	2.30	$62,166
Jan 1998	31,274	14.70	2.15	$67,389
Dec 1997	34,121	16.32	2.41	$82,269
Nov 1997	34,920	18.19	3.09	$107,842
Oct 1997	40,311	19.25	3.15	$126,972
Sep 1997	46,177	17.74	2.95	$136,447
Aug 1997	53,237	17.86	2.55	$136,007
Jul 1997	58,726	17.58	2.25	$131,954
Jun 1997	63,730	17.24	2.26	$143,851
May 1997	71,851	18.97	2.31	$165,868
Apr 1997	74,368	17.88	2.08	$154,892
Mar 1997	90,169	18.95	1.94	$174,850
Feb 1997	88,420	20.49	2.21	$195,046
Jan 1997	105,358	23.48	3.54	$372,936
Dec 1996	110,438	23.32	—	$0
Nov 1996	121,439	21.97	—	$0
Oct 1996	103,891	23.31	—	$0
Sep 1996	150,170	22.22	—	$0
Aug 1996	0	20.26	—	$0
Jul 1996	0	19.55	—	$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.

Dec 2004 — as filed, then multipliedworked

Gas                3,283 Mcf  × $  6.75 =    $22,164

────────────────────────────────────────────────────
Month total                                  $22,164

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/160141 is the state's own key, not one this site invented.