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 199967District 04Field 479394602 tax incentive programmesCondensateGasSaveExport
Value, all time
$36.0 M
Jan 2004 – Jul 2025
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
259
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 Gas112004-11-01159525
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
CondensateDisposition38,713 bbl$2,446,777
GasProduction5,247,792 Mcf$33,522,973
Total$35,969,750

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 27.4292, -97.9670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.42920, -97.96698 · 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
12,500 ft
1 wells filed one
Completion to plug
18.6 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 12,500 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Aug 2025
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332404M 69E12,500 ftJan 2007Aug 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 (259)

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

259 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 202514074.324.28$1,040
Dec 2024184,05868.993.12$13,908
Nov 2024224,05769.052.20$10,438
Oct 2024464,34571.372.28$13,196
Sep 2024434,33169.612.36$13,233
Aug 2024484,74875.632.06$13,428
Jul 2024474,43479.932.15$13,275
Jun 2024394,54778.082.63$15,022
May 2024384,66578.812.20$13,251
Apr 2024514,44784.451.66$11,685
Mar 2024414,54580.301.55$10,315
Feb 2024653,69476.091.78$11,535
Jan 2024723,79373.023.30$17,765
Dec 20231093,87271.262.61$17,876
Nov 20231343,97577.892.81$21,597
Oct 20231232,87985.443.09$19,397
Sep 20231663,85989.042.74$25,335
Aug 20231544,77080.522.67$25,150
Jul 20232354,60674.852.64$29,758
Jun 20232414,33168.962.26$26,401
May 20232164,30870.622.23$24,850
Apr 20231523,68978.122.24$20,129
Mar 2023283,25772.852.39$9,834
Feb 2023262,69875.112.47$8,605
Jan 2023333,08276.533.39$12,966
Dec 2022373,35076.415.73$22,020
Nov 2022352,98985.005.65$19,851
Oct 2022272,90087.185.86$19,359
Sep 2022172,71484.888.16$23,599
Aug 2022192,79994.529.13$27,343
Jul 2022172,674101.587.54$21,894
Jun 2022172,290115.097.98$20,224
May 2022222,205109.378.43$21,001
Apr 2022132,088104.226.84$15,632
Mar 2022192,414108.885.08$14,323
Feb 2022151,38291.054.86$8,081
Jan 2022152,01781.844.54$10,380
Dec 2021162,00371.323.90$8,951
Nov 2021142,11977.435.24$12,181
Oct 202192,30879.795.71$13,906
Sep 202172,26269.865.35$12,593
Aug 202162,30066.024.22$10,103
Jul 202152,21170.783.98$9,158
Jun 202152,17669.493.38$7,704
May 202192,17463.483.02$7,132
Apr 2021212,31660.362.76$7,656
Mar 2021322,51161.302.72$8,784
Feb 2021322,27057.805.55$14,443
Jan 2021302,54450.412.81$8,662
Dec 2020362,44144.642.68$8,138
Nov 2020252,40538.772.71$7,479
Oct 202052,00736.972.48$5,159
Sep 202052,36037.091.99$4,884
Aug 202052,94039.982.39$7,212
Jul 202042,51238.371.83$4,738
Jun 202072,96634.901.69$5,258
May 2020183,32416.921.81$6,337
Apr 2020163,04314.751.80$5,727
Mar 2020223,39930.341.86$6,977
Feb 2020213,30949.881.98$7,602
Jan 2020253,66657.252.09$9,111
Dec 2019283,88159.012.30$10,596
Nov 2019244,20055.302.75$12,880
Oct 2019222,97653.472.42$8,374
Sep 2019323,82155.052.66$11,915
Aug 2019161,57953.112.30$4,488
Jul 2019212,23756.272.46$6,685
Jun 2019161,65352.782.49$4,962
May 2019272,87058.482.74$9,444
Apr 2019272,66762.632.75$9,027
Mar 2019232,77156.803.06$9,791
Feb 2019253,09850.852.79$9,922
Jan 2019313,40646.033.23$12,422
Dec 2018313,40546.594.19$15,696
Nov 2018383,26852.934.24$15,859
Oct 2018553,55061.443.40$15,442
Sep 2018333,61059.543.11$13,185
Aug 2018213,62059.403.07$12,348
Jul 2018213,68565.142.93$12,172
Jun 2018223,59860.183.08$12,395
May 2018194,02665.382.90$12,921
Apr 2018123,74363.842.90$11,624
Mar 2018173,95161.222.79$12,052
Feb 2018163,61361.782.77$10,982
Jan 2018173,90962.874.01$16,741
Dec 2017133,92457.272.92$12,209
Nov 2017123,97055.423.12$13,045
Oct 201703,93649.292.98$11,744
Sep 201703,79047.523.09$11,701
Aug 201704,02045.373.00$12,078
Jul 201704,09643.873.09$12,646
Jun 201744,02442.493.09$12,593
May 2017214,04645.373.26$14,156
Apr 2017214,23747.933.21$14,614
Mar 2017142,93646.772.98$9,415
Feb 2017112,65250.452.95$8,385
Jan 2017204,21349.413.42$15,392
Dec 2016254,84648.763.72$19,260
Nov 2016245,22442.492.64$14,834
Oct 2016476,11746.193.09$21,074
Sep 2016476,96241.553.10$23,539
Aug 20160041.442.92$0
Jul 2016212,77341.622.92$8,983
Jun 2016384,88945.352.69$14,854
May 2016374,94242.521.99$11,413
Apr 2016354,62736.561.99$10,492
Mar 2016474,68433.011.79$9,955
Feb 2016424,47826.472.06$10,353
Jan 2016474,81227.352.36$12,663
Dec 2015504,81032.362.00$11,245
Nov 2015464,82838.792.17$12,248
Oct 2015124,35643.552.43$11,093
Sep 2015114,74542.992.76$13,562
Aug 2015135,15240.162.87$15,321
Jul 2015125,45148.152.95$16,631
Jun 2015135,37256.152.88$16,217
May 2015155,90455.212.96$18,277
Apr 2015235,89649.822.71$17,104
Mar 2015256,32542.892.93$19,634
Feb 2015235,94544.662.98$18,721
Jan 2015275,90843.433.10$19,491
Dec 2014266,37554.693.59$24,317
Nov 2014277,54970.464.25$34,000
Oct 2014197,42678.303.90$30,456
Sep 2014246,59286.164.05$28,735
Aug 2014164,20689.394.04$18,402
Jul 2014210096.564.18$611
Jun 2014246,20898.164.74$31,762
May 2014297,04994.734.73$36,065
Apr 2014246,20995.944.81$32,162
Mar 2014255,35495.895.06$29,471
Feb 2014225,19697.406.19$34,316
Jan 2014238,11990.404.86$41,543
Dec 201353,48991.824.35$15,652
Nov 2013183,35288.853.74$14,130
Oct 2013286,73697.423.78$28,186
Sep 2013277,920104.113.72$32,255
Aug 2013197,662104.253.52$28,971
Jul 201377,688102.523.72$29,300
Jun 201348,18994.403.93$32,588
May 201358,17894.834.15$34,405
Apr 2013268,09793.964.28$37,119
Mar 2013166,18993.623.91$25,715
Feb 2013247,64891.233.42$28,345
Jan 2013269,45091.603.42$34,700
Dec 2012367,31386.773.42$28,135
Nov 2012438,10986.953.62$33,134
Oct 2012368,41589.383.40$31,826
Sep 2012388,19294.672.92$27,505
Aug 2012328,72592.662.91$28,339
Jul 2012278,25385.133.02$27,229
Jun 2012594879.822.52$2,787
May 2012479,25991.612.49$27,345
Apr 2012608,244101.652.00$22,561
Mar 20121208,313105.052.22$31,078
Feb 20121619,231101.102.57$40,003
Jan 2012551,24998.092.73$8,810
Dec 20111988,44596.873.24$46,540
Nov 20113899,26795.723.31$67,921
Oct 201133810,30784.983.65$66,329
Sep 201134711,56783.623.99$75,120
Aug 201111612,31483.404.15$60,769
Jul 201112814,10894.144.52$75,779
Jun 20111628,71892.904.64$55,500
May 20111358,04898.134.40$48,698
Apr 201120912,918105.964.33$78,123
Mar 20111562,15396.364.06$23,768
Feb 20112849,66385.644.18$64,713
Jan 201134510,98886.504.59$80,264
Dec 201017410,79385.734.35$61,842
Nov 201010111,79380.843.80$52,923
Oct 201010312,11378.103.51$50,547
Sep 201022912,81672.633.98$67,633
Aug 201030312,69273.684.42$78,416
Jul 201061413,67272.554.74$109,303
Jun 201058713,38170.364.91$107,007
May 201055314,61071.124.24$101,206
Apr 201050013,55381.694.12$96,720
Mar 201037214,66978.394.39$93,538
Feb 201031113,59473.585.44$96,867
Jan 201035812,95174.365.96$103,862
Dec 200936313,40671.445.48$99,448
Nov 200936514,23174.593.75$80,613
Oct 200912416,58972.544.11$77,180
Sep 200918615,49565.543.06$59,679
Aug 200941617,17767.423.22$83,331
Jul 200928013,58661.133.46$64,185
Jun 200935917,49866.163.90$91,906
May 200937718,61954.743.93$93,731
Apr 200945919,67346.773.59$92,044
Mar 200961019,31042.144.06$104,085
Feb 200951718,88032.814.63$104,434
Jan 200957220,03235.865.37$128,104
Dec 200825820,59337.105.98$132,659
Nov 200824321,55255.496.86$161,339
Oct 200825523,80675.246.92$183,971
Sep 200828224,686101.767.88$223,150
Aug 200835828,718114.228.48$284,506
Jul 200823124,234131.0811.39$306,291
Jun 200818119,216131.3313.03$274,206
May 200819519,353123.1711.57$248,015
Apr 200826423,220110.3110.45$271,884
Mar 200836323,884101.909.66$267,806
Feb 200823415,01592.538.77$153,342
Jan 200827115,40690.388.21$150,910
Dec 200735924,05288.337.30$207,337
Nov 200731224,51891.677.29$207,379
Oct 200729325,82282.856.92$203,014
Sep 200721427,08275.846.24$185,334
Aug 200721028,03069.066.39$193,557
Jul 200720620,85970.906.39$147,851
Jun 200723129,84562.007.55$239,605
May 200722027,53858.747.85$228,994
Apr 200724030,89159.617.81$255,417
Mar 200725532,15856.927.30$249,331
Feb 200715530,24055.108.22$256,992
Jan 200716229,36550.306.73$205,683
Dec 200616732,69256.656.92$235,638
Nov 200616636,97754.207.62$290,669
Oct 200619540,83754.906.01$256,291
Sep 200619639,83760.085.04$212,443
Aug 200620239,57668.717.34$304,364
Jul 200624549,22569.376.34$329,218
Jun 200623949,14366.286.38$329,564
May 200624450,91666.016.42$343,242
Apr 200626453,35264.397.36$409,695
Mar 200627664,91756.707.08$475,451
Feb 200627559,87957.597.75$479,967
Jan 200631268,23760.598.93$628,487
Dec 200529561,85854.9413.42$846,057
Nov 200529465,70454.6910.59$711,779
Oct 200534976,52958.3413.80$1,076,136
Sep 200526170,78261.4512.08$871,014
Aug 200534389,55861.519.80$898,483
Jul 200536993,17255.697.84$751,357
Jun 200542898,57252.337.38$749,961
May 2005552111,98345.226.65$769,778
Apr 2005550109,45049.207.36$832,665
Mar 2005562113,30850.377.15$839,013
Feb 2005508109,63545.226.31$714,979
Jan 2005561129,83543.166.32$845,056
Dec 2004566133,88639.866.75$926,436
Nov 2004591138,25945.286.33$901,998
Oct 2004625151,02849.706.52$1,015,025
Sep 2004653154,47743.245.28$844,477
Aug 2004755155,21642.375.55$893,541
Jul 20041,083160,26138.286.08$1,016,514
Jun 2004769187,51336.106.43$1,234,036
May 2004847194,90737.486.49$1,297,585
Apr 2004916216,18034.475.86$1,298,056
Mar 2004898230,59534.365.53$1,306,078
Feb 200422066,14732.455.51$371,584
Jan 20040032.036.30$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.

Jan 2025 — as filed, then multipliedworked
Condensate            14 bbl  × $ 74.32 =     $1,040
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $1,040

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/199967 is the state's own key, not one this site invented.