KING RANCH CANELO

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the KR\BOA (VX. BROWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173967District 04Field 479373502 tax incentive programmesGasSaveExport
Value, all time
$8.0 M
May 1999 – Jul 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
135
no gaps in the span
Streams
1
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1999-05-02
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

The Commission's schedule remark for this field reads: CONS.)

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 Gas111999-11-09141092
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
GasProduction2,126,964 Mcf$7,995,996
Total$7,995,996

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 27.2981, -97.9843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29813, -97.98434 · 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
13,142 ft
1 wells filed one
Completion to plug
11.2 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 13,142 ft.

Completions filed
May 1999
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332247104713,142 ftMay 1999Jul 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 (135)

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

135 months

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 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 200427339.866.75$1,843
Nov 200410,88045.286.33$68,875
Oct 200411,40049.706.52$74,272
Sep 200412,45443.245.28$65,806
Aug 200413,55642.375.55$75,245
Jul 200412,41138.286.08$75,511
Jun 200412,44836.106.43$80,078
May 200413,01737.486.49$84,540
Apr 200412,51334.475.86$73,307
Mar 200413,66734.365.53$75,580
Feb 200412,64632.455.51$69,675
Jan 200412,22532.036.30$77,013
Dec 200310,96330.266.30$69,085
Nov 200312,02528.804.60$55,257
Oct 200313,47828.174.76$64,150
Sep 200312,82526.314.75$60,911
Aug 200313,89729.765.13$71,288
Jul 200315,16129.415.17$78,395
Jun 200313,93228.565.98$83,355
May 200316,06426.595.97$95,945
Apr 200313,83026.675.41$74,783
Mar 200314,93431.146.10$91,038
Feb 200311,92333.487.93$94,500
Jan 200313,94830.315.58$77,858
Dec 200215,36926.914.85$74,597
Nov 200216,17324.664.14$66,907
Oct 200215,87226.464.23$67,125
Sep 200215,07027.443.64$54,782
Aug 200216,99925.963.16$53,788
Jul 200217,63124.583.06$53,982
Jun 200217,19823.733.34$57,411
May 200217,55524.663.58$62,917
Apr 200215,60123.653.51$54,796
Mar 200214,55122.003.10$45,148
Feb 200214,15418.222.38$33,625
Jan 200216,28417.172.38$38,686
Dec 200115,53116.932.36$36,722
Nov 200115,63618.072.41$37,613
Oct 200119,35419.782.53$48,944
Sep 200119,68024.262.25$44,306
Aug 200122,20124.873.05$67,783
Jul 2001023.933.20$0
Jun 200125,11624.563.82$96,048
May 200126,94625.524.31$116,065
Apr 200128,70324.685.34$153,140
Mar 200129,02424.545.38$156,046
Feb 200126,58427.755.77$153,312
Jan 200130,54427.478.40$256,532
Dec 200032,87326.889.12$299,884
Nov 200034,96632.215.66$197,838
Oct 200037,59131.235.15$193,424
Sep 200041,21031.875.19$213,736
Aug 200045,82829.644.54$208,093
Jul 200050,46728.534.09$206,397
Jun 200052,83529.304.40$232,329
May 200058,94427.263.68$216,899
Apr 200060,65124.513.12$188,989
Mar 200071,49728.422.86$204,464
Feb 200072,63427.622.73$198,037
Jan 200082,63325.272.48$204,971
Dec 199997,09324.282.42$235,326
Nov 1999104,20923.192.43$253,644
Oct 1999113,47220.982.80$318,143
Sep 199979,38221.752.62$207,890
Aug 199992,98119.262.88$267,376
Jul 1999124,53217.892.37$295,436
Jun 199994,48815.942.36$223,190
May 199926,43215.792.32$61,349

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                  273 Mcf  × $  6.75 =     $1,843

────────────────────────────────────────────────────
Month total                                   $1,843

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/173967 is the state's own key, not one this site invented.