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 179293District 04Field 86508170GasSaveExport
Value, all time
$1.8 M
May 2000 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
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 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
GasProduction348,653 Mcf$1,813,955
Total$1,813,955

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 27.5589, -97.9300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.55886, -97.92998 · 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
9,151 ft
1 wells filed one
Completion to plug
6.1 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 9,151 ft.

Completions filed
May 2006
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 6.1 years across the 1 well that filed both dates, with the middle half between 6.1 years and 6.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332295P2879,151 ftMay 2006Jun 2012Yes

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 (146)

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

146 months

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 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 20067766.016.42$495
Apr 20061,51264.397.36$11,129
Mar 20061,53456.707.08$10,865
Feb 20061,09857.597.75$8,511
Jan 20061,27060.598.93$11,345
Dec 20051,59154.9413.42$21,344
Nov 20052,10654.6910.59$22,299
Oct 20052,70758.3413.80$37,345
Sep 20052,28561.4512.08$27,601
Aug 20053,02861.519.80$29,665
Jul 20052,92055.697.84$22,903
Jun 20052,12552.337.38$15,685
May 20052,02945.226.65$13,495
Apr 20052,02749.207.36$14,920
Mar 20051,81950.377.15$13,015
Feb 20051,49945.226.31$9,462
Jan 20052,25643.166.32$14,263
Dec 20042,16139.866.75$14,589
Nov 20041,93845.286.33$12,268
Oct 20041,79549.706.52$11,695
Sep 20042,05443.245.28$10,853
Aug 20042,49742.375.55$13,860
Jul 20042,13438.286.08$12,984
Jun 20042,32836.106.43$14,976
May 20042,44737.486.49$15,892
Apr 20041,93534.475.86$11,336
Mar 20042,34434.365.53$12,963
Feb 20042,94432.455.51$16,220
Jan 20043,28832.036.30$20,713
Dec 20032,98530.266.30$18,810
Nov 20033,41328.804.60$15,683
Oct 20033,35228.174.76$15,954
Sep 20032,96826.314.75$14,096
Aug 20032,91629.765.13$14,958
Jul 20031,97829.415.17$10,228
Jun 20031,55628.565.98$9,309
May 20031,34126.595.97$8,009
Apr 20031,46826.675.41$7,938
Mar 20031,96631.146.10$11,985
Feb 20031,43533.487.93$11,374
Jan 20031,87030.315.58$10,438
Dec 20021,90326.914.85$9,237
Nov 20022,37324.664.14$9,817
Oct 20025,07526.464.23$21,463
Sep 20024,89627.443.64$17,798
Aug 20025,92625.963.16$18,751
Jul 20025,51224.583.06$16,876
Jun 20025,60923.733.34$18,724
May 20025,57124.663.58$19,966
Apr 20027,32323.653.51$25,721
Mar 20022,26122.003.10$7,015
Feb 200297318.222.38$2,312
Jan 200263817.172.38$1,516
Dec 20013,01516.932.36$7,129
Nov 20012,94318.072.41$7,079
Oct 20014,00919.782.53$10,138
Sep 20015,09224.262.25$11,464
Aug 20014,59024.873.05$14,014
Jul 20016,21323.933.20$19,863
Jun 20016,31324.563.82$24,142
May 20017,79725.524.31$33,584
Apr 20018,47324.685.34$45,206
Mar 20015,96124.545.38$32,049
Feb 20017,08127.755.77$40,837
Jan 20013,89027.478.40$32,671
Dec 200011,40526.889.12$104,042
Nov 200012,36732.215.66$69,972
Oct 200032,08531.235.15$165,093
Sep 200034,16131.875.19$177,176
Aug 20003,86429.644.54$17,545
Jul 200017,37328.534.09$71,051
Jun 200033,73729.304.40$148,350
May 20003,22827.263.68$11,878

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.

May 2006 — as filed, then multipliedworked
Gas                   77 Mcf  × $  6.42 =       $495

────────────────────────────────────────────────────
Month total                                     $495

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/179293 is the state's own key, not one this site invented.