KING RANCH BORREGOS

Name: KING RANCH BORREGOS lease production and value, Nov 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 186874District 04Field 479394602 tax incentive programmesCondensateGasSave Export

Value, all time

$11.2 M

Nov 2001 – Mar 2019

Value, last 12 filed months

at the published price for each month

Months reported

209

no gaps in the span

Streams

condensate, gas

The KRB\ZUNI-NC (VXBG) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-12-05	149980
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
Condensate	Disposition	40,505 bbl	$1,607,456
Gas	Production	2,195,656 Mcf	$9,593,886
Total			$11,201,342

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 27.4238, -97.9656. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42381, -97.96560 · 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

12,497 ft

1 wells filed one

Completion to plug

17.3 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 12,497 ft.

Completions filed

Nov 2001

1 of 1 wells

Plug dates filed

Mar 2019

1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-27332326	M 60E	12,497 ft	Nov 2001	Mar 2019	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 (209)

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

209 months


Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	15	177	71.44	5.48	$2,042
Nov 2009	132	2,880	74.59	3.75	$20,650
Oct 2009	9	2,280	72.54	4.11	$10,024
Sep 2009	31	1,628	65.54	3.06	$7,021
Aug 2009	37	1,872	67.42	3.22	$8,520
Jul 2009	33	1,513	61.13	3.46	$7,259
Jun 2009	74	4,656	66.16	3.90	$23,031
May 2009	69	2,681	54.74	3.93	$14,302
Apr 2009	349	5,548	46.77	3.59	$36,226
Mar 2009	96	2,121	42.14	4.06	$12,655
Feb 2009	62	1,345	32.81	4.63	$8,266
Jan 2009	209	4,890	35.86	5.37	$33,759
Dec 2008	191	4,404	37.10	5.98	$33,409
Nov 2008	135	2,947	55.49	6.86	$27,709
Oct 2008	257	6,623	75.24	6.92	$65,181
Sep 2008	263	4,629	101.76	7.88	$63,226
Aug 2008	466	4,788	114.22	8.48	$93,843
Jul 2008	807	9,818	131.08	11.39	$217,603
Jun 2008	667	8,819	131.33	13.03	$202,532
May 2008	385	4,691	123.17	11.57	$101,715
Apr 2008	382	3,906	110.31	10.45	$82,975
Mar 2008	366	3,288	101.90	9.66	$69,071
Feb 2008	272	2,451	92.53	8.77	$46,665
Jan 2008	391	2,235	90.38	8.21	$53,678
Dec 2007	791	11,178	88.33	7.30	$151,490
Nov 2007	294	5,642	91.67	7.29	$68,091
Oct 2007	450	10,781	82.85	6.92	$111,908
Sep 2007	59	3,770	75.84	6.24	$28,015
Aug 2007	89	4,880	69.06	6.39	$37,319
Jul 2007	140	9,722	70.90	6.39	$72,030
Jun 2007	54	3,518	62.00	7.55	$29,903
May 2007	57	4,120	58.74	7.85	$35,675
Apr 2007	61	2,952	59.61	7.81	$26,677
Mar 2007	131	6,980	56.92	7.30	$58,424
Feb 2007	93	4,659	55.10	8.22	$43,403
Jan 2007	92	4,472	50.30	6.73	$34,710
Dec 2006	74	3,779	56.65	6.92	$30,337
Nov 2006	67	3,982	54.20	7.62	$33,964
Oct 2006	79	3,561	54.90	6.01	$25,752
Sep 2006	149	7,070	60.08	5.04	$44,565
Aug 2006	196	8,701	68.71	7.34	$77,332
Jul 2006	105	4,304	69.37	6.34	$34,583
Jun 2006	102	3,947	66.28	6.38	$31,958
May 2006	146	6,156	66.01	6.42	$49,190
Apr 2006	144	7,451	64.39	7.36	$64,115
Mar 2006	66	5,006	56.70	7.08	$39,199
Feb 2006	109	8,473	57.59	7.75	$71,953
Jan 2006	122	9,504	60.59	8.93	$92,294
Dec 2005	133	10,691	54.94	13.42	$150,731
Nov 2005	134	11,531	54.69	10.59	$129,423
Oct 2005	147	12,477	58.34	13.80	$180,706
Sep 2005	84	5,190	61.45	12.08	$67,852
Aug 2005	153	10,141	61.51	9.80	$108,761
Jul 2005	112	6,935	55.69	7.84	$60,633
Jun 2005	116	7,581	52.33	7.38	$62,026
May 2005	109	6,603	45.22	6.65	$48,847
Apr 2005	123	7,403	49.20	7.36	$60,541
Mar 2005	134	7,874	50.37	7.15	$63,087
Feb 2005	173	9,957	45.22	6.31	$70,671
Jan 2005	115	8,735	43.16	6.32	$60,188
Dec 2004	92	6,937	39.86	6.75	$50,499
Nov 2004	102	7,722	45.28	6.33	$53,502
Oct 2004	98	7,608	49.70	6.52	$54,437
Sep 2004	131	9,797	43.24	5.28	$57,431
Aug 2004	184	9,829	42.37	5.55	$62,354
Jul 2004	201	9,880	38.28	6.08	$67,806
Jun 2004	170	9,782	36.10	6.43	$69,065
May 2004	234	13,931	37.48	6.49	$99,246
Apr 2004	246	14,820	34.47	5.86	$95,302
Mar 2004	297	20,586	34.36	5.53	$124,048
Feb 2004	223	17,088	32.45	5.51	$101,385
Jan 2004	244	16,262	32.03	6.30	$110,260
Dec 2003	397	29,328	30.26	6.30	$196,828
Nov 2003	345	20,234	28.80	4.60	$102,914
Oct 2003	345	23,687	28.17	4.76	$122,460
Sep 2003	352	23,126	26.31	4.75	$119,095
Aug 2003	368	26,708	29.76	5.13	$147,956
Jul 2003	357	26,050	29.41	5.17	$145,200
Jun 2003	389	28,011	28.56	5.98	$178,699
May 2003	305	24,946	26.59	5.97	$157,104
Apr 2003	324	22,330	26.67	5.41	$129,386
Mar 2003	348	27,921	31.14	6.10	$181,044
Feb 2003	421	26,009	33.48	7.93	$220,239
Jan 2003	462	34,213	30.31	5.58	$204,982
Dec 2002	576	39,436	26.91	4.85	$206,913
Nov 2002	1,462	67,455	24.66	4.14	$315,112
Oct 2002	1,033	60,430	26.46	4.23	$282,899
Sep 2002	752	38,756	27.44	3.64	$161,521
Aug 2002	1,725	70,408	25.96	3.16	$267,563
Jul 2002	641	110,394	24.58	3.06	$353,756
Jun 2002	1,134	102,465	23.73	3.34	$368,963
May 2002	1,503	99,065	24.66	3.58	$392,113
Apr 2002	2,094	105,229	23.65	3.51	$419,121
Mar 2002	2,618	117,596	22.00	3.10	$422,463
Feb 2002	2,985	127,015	18.22	2.38	$356,134
Jan 2002	2,597	167,073	17.17	2.38	$441,502
Dec 2001	3,004	196,841	16.93	2.36	$516,269
Nov 2001	845	96,772	18.07	2.41	$248,056

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 2009 — as filed, then multipliedworked

Condensate            15 bbl  × $ 71.44 =     $1,072
Gas                  177 Mcf  × $  5.48 =       $971

────────────────────────────────────────────────────
Month total                                   $2,042

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/186874 is the state's own key, not one this site invented.