KING RANCH BORREGOS

Operated by EOG RESOURCES, INC. (P-5 253162) in the KRB\ZUNI-NC (VXBG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162082District 04Field 479394602 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Nov 1996 – Jul 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
345
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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
1998-12-03
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 2013-06-18.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2013.

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
High Cost Gas112002-12-05149981
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
CondensateDisposition39,726 bbl$1,047,503
GasProduction3,891,651 Mcf$14,946,199
Total$15,993,703

18,706 Mcf of this lease's gas, across 1 month, 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 27.4306, -97.9593. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43065, -97.95926 · 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
12,400 ft
1 wells filed one
Completion to plug
14.2 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 12,400 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
Jul 2025
1 of 1 wells

Last completion to plug: a median of 14.2 years across the 1 well that filed both dates, with the middle half between 14.2 years and 14.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332237M 54E12,400 ftMay 2011Jul 2025Yes

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 (345)

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

345 months

Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020059630.341.86$1,106
Feb 2020074249.881.98$1,470
Jan 2020079657.252.09$1,667
Dec 2019071759.012.30$1,652
Nov 2019073555.302.75$2,022
Oct 2019068753.472.42$1,662
Sep 2019068955.052.66$1,831
Aug 2019069953.112.30$1,611
Jul 2019077056.272.46$1,894
Jun 2019076552.782.49$1,906
May 2019083758.482.74$2,294
Apr 2019091362.632.75$2,511
Mar 2019067056.803.06$2,052
Feb 2019074550.852.79$2,080
Jan 2019077946.033.23$2,515
Dec 2018081946.594.19$3,428
Nov 2018069352.934.24$2,936
Oct 2018087761.443.40$2,980
Sep 2018091059.543.11$2,828
Aug 2018092259.403.07$2,827
Jul 2018083865.142.93$2,457
Jun 2018082560.183.08$2,538
May 2018090565.382.90$2,625
Apr 2018083163.842.90$2,411
Mar 2018087861.222.79$2,447
Feb 2018083761.782.77$2,315
Jan 2018097462.874.01$3,905
Dec 201701,10557.272.92$3,228
Nov 201701,44355.423.12$4,500
Oct 2017091449.292.98$2,727
Sep 2017083447.523.09$2,575
Aug 2017075245.373.00$2,259
Jul 2017092643.873.09$2,859
Jun 2017076942.493.09$2,374
May 201721,12945.373.26$3,775
Apr 201721,17747.933.21$3,876
Mar 201721,20546.772.98$3,689
Feb 201711,08850.452.95$3,263
Jan 201721,53949.413.42$5,360
Dec 201621,22148.763.72$4,643
Nov 201611,10342.492.64$2,959
Oct 201621,47646.193.09$4,654
Sep 201602,20241.553.10$6,828
Aug 20160041.442.92$0
Jul 2016067841.622.92$1,983
Jun 201601,32245.352.69$3,551
May 201601,44242.521.99$2,871
Apr 201601,42036.561.99$2,827
Mar 201601,63133.011.79$2,926
Feb 2016094326.472.06$1,946
Jan 201601,17027.352.36$2,766
Dec 201501,33732.362.00$2,676
Nov 201501,64638.792.17$3,567
Oct 201501,88343.552.43$4,569
Sep 201501,24942.992.76$3,445
Aug 201501,11940.162.87$3,214
Jul 201501,19848.152.95$3,528
Jun 201501,51056.152.88$4,353
May 201501,71655.212.96$5,072
Apr 201521,74049.822.71$4,809
Mar 201521,99942.892.93$5,952
Feb 201521,85544.662.98$5,610
Jan 201532,12943.433.10$6,732
Dec 201422,14354.693.59$7,806
Nov 201433,24870.464.25$14,021
Oct 201411,69678.303.90$6,694
Sep 201441,50486.164.05$6,429
Aug 201452,06389.394.04$8,771
Jul 201401396.564.18$54
Jun 201462,47398.164.74$12,303
May 201462,19894.734.73$10,957
Apr 201482,64195.944.81$13,468
Mar 2014181,58595.895.06$9,741
Feb 2014212,05597.406.19$14,770
Jan 2014183,35190.404.86$17,915
Dec 201353,14691.824.35$14,158
Nov 2013181,54188.853.74$7,360
Oct 2013282,96897.423.78$13,945
Sep 2013263,882104.113.72$17,139
Aug 2013102,559104.253.52$10,057
Jul 201331,624102.523.72$6,345
Jun 201342,48994.403.93$10,168
May 201342,59394.834.15$11,138
Apr 2013204,31593.964.28$20,359
Mar 2013134,42193.623.91$18,516
Feb 2013206,86491.233.42$25,299
Jan 2013217,28491.603.42$26,834
Dec 2012243,25686.773.42$13,219
Nov 2012253,08686.953.62$13,360
Oct 2012213,19589.383.40$12,739
Sep 2012273,28794.672.92$12,149
Aug 2012304,79392.662.91$16,719
Jul 2012193,31885.133.02$11,640
Jun 2012213,48379.822.52$10,450
May 2012465,40291.612.49$17,656
Apr 2012334,608101.652.00$12,556
Mar 2012326,531105.052.22$17,874
Feb 2012355,645101.102.57$18,048
Jan 2012365,65498.092.73$18,990
Dec 2011397,48296.873.24$28,018
Nov 20116013,22295.723.31$49,525
Oct 20115713,80684.983.65$55,216
Sep 20118514,75083.623.99$65,898
Aug 201110320,41183.404.15$93,282
Jul 201111632,71094.144.52$158,679
Jun 2011013,03492.904.64$60,476
May 2011028,92498.134.40$127,405
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
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 200981,93242.144.06$8,179
Feb 2009113,57732.814.63$16,933
Jan 2009102,49935.865.37$13,781
Dec 2008164,13337.105.98$25,297
Nov 2008123,89455.496.86$27,380
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200810114.228.48$114
Jul 2008101,555131.0811.39$19,021
Jun 2008152,546131.3313.03$35,151
May 2008121,735123.1711.57$21,559
Apr 2008243,001110.3110.45$34,022
Mar 2008456,649101.909.66$68,842
Feb 200821,62892.538.77$14,464
Jan 200806,17490.388.21$50,662
Dec 2007013,47788.337.30$98,409
Nov 200703,05391.677.29$22,262
Oct 20070082.856.92$0
Sep 20071075.846.24$76
Aug 200752,19969.066.39$14,392
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 200501,52161.519.80$14,901
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 20041049.706.52$50
Sep 2004151,85443.245.28$10,445
Aug 2004445,71242.375.55$33,570
Jul 2004556,81738.286.08$43,581
Jun 2004436,23136.106.43$41,636
May 2004608,12737.486.49$55,030
Apr 2004587,85034.475.86$47,988
Mar 2004778,83834.365.53$51,521
Feb 2004668,87932.455.51$51,062
Jan 2004718,99432.036.30$58,933
Dec 20038111,32330.266.30$73,805
Nov 2003737,88228.804.60$38,321
Oct 20039012,45028.174.76$61,793
Sep 2003689,18726.314.75$45,421
Aug 20037110,50629.765.13$56,006
Jul 20037612,02429.415.17$64,409
Jun 2003639,78028.565.98$60,313
May 2003244,17326.595.97$25,562
Apr 20037010,85626.675.41$60,568
Mar 20031158,99231.146.10$58,397
Feb 200314912,99833.487.93$108,009
Jan 200312016,94130.315.58$98,203
Dec 200210613,76026.914.85$69,640
Nov 200221425,20124.664.14$109,533
Oct 200214619,44326.464.23$86,090
Sep 200205,59327.443.64$20,332
Aug 2002019,43925.963.16$61,508
Jul 2002120,73324.583.06$63,504
Jun 200215517,69023.733.34$62,732
May 200218020,95524.663.58$79,542
Apr 200217419,10023.653.51$71,200
Mar 200219718,99322.003.10$63,264
Feb 200228322,09618.222.38$57,649
Jan 200226434,08917.172.38$85,517
Dec 200140235,42616.932.36$90,567
Nov 200143733,94518.072.41$89,552
Oct 200161342,78619.782.53$120,326
Sep 200147850,81024.262.25$125,986
Aug 200122559,85424.873.05$188,340
Jul 200118469,20523.933.20$225,657
Jun 200116265,71424.563.82$255,280
May 200125974,49625.524.31$327,488
Apr 200134378,77024.685.34$428,728
Mar 200148891,88524.545.38$505,990
Feb 20011,15771,85227.755.77$446,483
Jan 20011,05381,30027.478.40$711,745
Dec 20001,01573,34526.889.12$696,373
Nov 20001,07690,88332.215.66$548,874
Oct 200098289,28331.235.15$490,074
Sep 2000897101,97631.875.19$557,486
Aug 2000869106,40729.644.54$508,925
Jul 2000941111,10128.534.09$481,222
Jun 2000957116,42829.304.40$540,003
May 20001,459127,53727.263.68$509,077
Apr 20001,222107,65524.513.12$365,404
Mar 20001,385104,43428.422.86$338,017
Feb 20001,08095,97527.622.73$291,505
Jan 20001,308116,12725.272.48$321,106
Dec 19991,821124,28324.282.42$345,441
Nov 19991,492118,66123.192.43$323,419
Oct 19991,769123,16820.982.80$382,441
Sep 19991,189128,65921.752.62$362,799
Aug 19991,509136,48119.262.88$421,528
Jul 199972389,34117.892.37$224,884
Jun 199922222,84215.942.36$57,494
May 199937544,49215.792.32$109,188
Apr 199920628,13915.102.21$65,243
Mar 19991521,29412.471.84$4,274
Feb 1999131,3369.981.82$2,558
Jan 1999282,74510.381.90$5,506
Dec 1998212,3749.201.77$4,403
Nov 1998312,35610.892.19$5,487
Oct 1998273,81112.421.97$7,840
Sep 1998264,18812.592.08$9,049
Aug 1998207,22511.301.91$14,007
Jul 19982011.742.24$23
Jun 1998687111.242.24$2,016
May 1998453,99112.622.21$9,373
Apr 19981254,19813.042.51$12,147
Mar 19981495,33012.802.31$14,217
Feb 19981355,50713.952.30$14,545
Jan 19981605,80314.702.15$14,856
Dec 1997845,77916.322.41$15,305
Nov 19971505,60318.193.09$20,032
Oct 19971407,69519.253.15$26,933
Sep 19971238,28817.742.95$26,672
Aug 19971389,27317.862.55$26,155
Jul 199718810,84317.582.25$27,669
Jun 199731512,04517.242.26$32,619
May 199754815,39018.972.31$45,923
Apr 199761920,06917.882.08$52,867
Mar 199776719,64518.951.94$52,629
Feb 19972177,95520.492.21$21,994
Jan 19971,71265,42023.483.54$271,765
Dec 19961,00918,70623.32$23,530
Nov 19960021.97$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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                  596 Mcf  × $  1.86 =     $1,106

────────────────────────────────────────────────────
Month total                                   $1,106

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/162082 is the state's own key, not one this site invented.