KING RANCH CANELO

Operated by EOG RESOURCES, INC. (P-5 253162) in the CANELO (I-08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197918District 04Field 15289912CondensateGasSaveExport
Value, all time
$46.1 M
Jul 2001 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
25 months not filed
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2003-09-29
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: FIELD ADMINISTRATIVELY BALANCED EFF 06/01/10.

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
CondensateDisposition44 bbl$3,514
GasProduction6,688,617 Mcf$46,062,716
Total$46,066,230

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 27.2598, -97.8785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25978, -97.87854 · 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
9,210 ft
1 wells filed one
Completion to plug
7.3 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 9,210 ft.

Completions filed
Mar 2012
1 of 1 wells
Plug dates filed
Jun 2019
1 of 1 wells

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332396489,210 ftMar 2012Jun 2019Yes

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 (191)

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

191 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201805561.222.79$153
Feb 2018017561.782.77$484
Jan 2018011162.874.01$445
Dec 2017018457.272.92$538
Nov 2017037855.423.12$1,179
Oct 2017079949.292.98$2,384
Sep 201701,19947.523.09$3,702
Aug 201701,33245.373.00$4,002
Jul 201701,20743.873.09$3,726
Jun 201701,16842.493.09$3,606
May 201701,48845.373.26$4,856
Apr 201701,62747.933.21$5,225
Mar 201701,65946.772.98$4,950
Feb 201701,75750.452.95$5,188
Jan 201702,08949.413.42$7,142
Dec 201601,07248.763.72$3,991
Nov 201602,84342.492.64$7,518
Oct 2016081046.193.09$2,503
Sep 20160041.553.10$0
Aug 20160741.442.92$20
Jul 201601,54241.622.92$4,509
Jun 201602,26545.352.69$6,083
May 201602,32442.521.99$4,627
Apr 201605,39736.561.99$10,746
Mar 201604,42733.011.79$7,942
Feb 201601,92826.472.06$3,979
Jan 201601,91927.352.36$4,537
Dec 201502,60032.362.00$5,204
Nov 201501,68238.792.17$3,645
Oct 201501,89543.552.43$4,598
Sep 201501,86042.992.76$5,131
Aug 201501,96440.162.87$5,642
Jul 201502,27848.152.95$6,709
Jun 201502,33856.152.88$6,740
May 201512,54655.212.96$7,580
Apr 201533,07549.822.71$8,472
Mar 201511,41842.892.93$4,204
Feb 2015134644.662.98$1,074
Jan 201531,66043.433.10$5,277
Dec 201443,32654.693.59$12,164
Nov 201433,06370.464.25$13,235
Oct 201411,03178.303.90$4,100
Sep 20140086.164.05$0
Aug 2014021389.394.04$859
Jul 20141096.564.18$97
Jun 201463,25198.164.74$15,989
May 201473,67894.734.73$18,047
Apr 201474,09495.944.81$20,360
Mar 201423,63395.895.06$18,563
Feb 201419,89197.406.19$61,342
Jan 201413,07190.404.86$15,018
Dec 201324,41091.824.35$19,387
Nov 201302,56988.853.74$9,604
Oct 201303,56097.423.78$13,455
Sep 201303,600104.113.72$13,384
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
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 201001,81172.554.74$8,578
Jun 2010015,45770.364.91$75,900
May 2010017,30171.124.24$73,274
Apr 2010019,62081.694.12$80,887
Mar 2010020,13578.394.39$88,366
Feb 2010016,30173.585.44$88,716
Jan 2010010,62674.365.96$63,374
Dec 2009011,05171.445.48$60,601
Nov 2009011,26074.593.75$42,242
Oct 200907,38872.544.11$30,367
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200901,24961.133.46$4,327
Jun 2009016,59366.163.90$64,630
May 2009018,13154.743.93$71,178
Apr 2009014,02246.773.59$50,304
Mar 200907,81042.144.06$31,701
Feb 200906,34732.814.63$29,406
Jan 200902,38935.865.37$12,831
Dec 200802,19937.105.98$13,144
Nov 200802,06655.496.86$14,174
Oct 200802,03575.246.92$14,086
Sep 200801,996101.767.88$15,723
Aug 200802,895114.228.48$24,558
Jul 200801,625131.0811.39$18,508
Jun 200802,167131.3313.03$28,242
May 200803,335123.1711.57$38,600
Apr 200804,962110.3110.45$51,877
Mar 200808,038101.909.66$77,680
Feb 200809,19892.538.77$80,672
Jan 200805,41890.388.21$44,459
Dec 200705,69688.337.30$41,592
Nov 2007011,81591.677.29$86,151
Oct 2007010,53182.856.92$72,895
Sep 2007016,17775.846.24$101,012
Aug 2007016,41969.066.39$104,884
Jul 2007018,53270.906.39$118,381
Jun 2007025,01762.007.55$188,840
May 2007028,70658.747.85$225,235
Apr 2007043,27359.617.81$337,754
Mar 2007063,95856.927.30$467,019
Feb 2007064,40355.108.22$529,135
Jan 2007056,61050.306.73$380,807
Dec 2006085,82956.656.92$593,803
Nov 2006071,28454.207.62$543,004
Oct 2006094,73254.906.01$569,699
Sep 2006099,68160.085.04$502,113
Aug 20060112,88568.717.34$828,567
Jul 2006055,11869.376.34$349,600
Jun 200603,52066.286.38$22,471
May 200607,77166.016.42$49,929
Apr 200608,85864.397.36$65,199
Mar 2006059,30956.707.08$420,081
Feb 20060101,38757.597.75$785,863
Jan 20060138,56960.598.93$1,237,881
Dec 20050147,08454.9413.42$1,973,191
Nov 20050156,55654.6910.59$1,657,678
Oct 20050155,50758.3413.80$2,145,337
Sep 20050102,37961.4512.08$1,236,636
Aug 20050142,07261.519.80$1,391,857
Jul 20050151,89155.697.84$1,191,378
Jun 20050156,87352.337.38$1,157,886
May 20050161,85945.226.65$1,076,550
Apr 20050155,49449.207.36$1,144,510
Mar 20050161,65450.377.15$1,156,615
Feb 20050149,41345.226.31$943,083
Jan 20050162,84443.166.32$1,029,532
Dec 20040185,96639.866.75$1,255,471
Nov 20040205,08845.286.33$1,298,293
Oct 20040201,74249.706.52$1,314,369
Sep 20040207,90843.245.28$1,098,565
Aug 20040215,61742.375.55$1,196,817
Jul 20040220,90938.286.08$1,344,050
Jun 20040228,72036.106.43$1,471,360
May 20040245,28237.486.49$1,593,004
Apr 20040232,91934.475.86$1,364,547
Mar 20040236,91934.365.53$1,310,195
Feb 20040232,78832.455.51$1,282,573
Jan 20040258,53232.036.30$1,628,659
Dec 20030258,76030.266.30$1,630,612
Nov 20030260,42228.804.60$1,196,681
Oct 20030137,10028.174.76$652,547
Sep 20030026.314.75$0
Jul 20010023.933.20$0

Not filed, and not zero: Aug 2001 – Aug 2003 (25 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                   55 Mcf  × $  2.79 =       $153

────────────────────────────────────────────────────
Month total                                     $153

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/197918 is the state's own key, not one this site invented.