KING RANCH MINERALS

Operated by BLUE WING ENERGY, INC. (P-5 76791) 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 213685District 04Field 479394602 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.8 M
Jul 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
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 Gas112008-02-07180631
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
CondensateDisposition84,702 bbl$5,659,956
GasProduction1,850,762 Mcf$14,122,344
Total$19,782,300

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 27.4064, -97.9125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.40639, -97.91246 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,750 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 14,750 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-27332427114,750 ftJul 2005

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 (251)

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

251 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
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 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200130.341.86$2
Feb 20200249.881.98$4
Jan 20200357.252.09$6
Dec 20190259.012.30$5
Nov 20190155.302.75$3
Oct 20190253.472.42$5
Sep 20190155.052.66$3
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190756.803.06$21
Feb 20190850.852.79$22
Jan 20190946.033.23$29
Dec 20180146.594.19$4
Nov 20180052.934.24$0
Oct 20180361.443.40$10
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 20180663.842.90$17
Mar 20180761.222.79$20
Feb 20180861.782.77$22
Jan 20180062.874.01$0
Dec 20170757.272.92$20
Nov 20170655.423.12$19
Oct 20170749.292.98$21
Sep 20170047.523.09$0
Aug 201709945.373.00$297
Jul 2017015243.873.09$469
Jun 2017016142.493.09$497
May 2017012045.373.26$392
Apr 2017022047.933.21$707
Mar 2017012646.772.98$376
Feb 2017010350.452.95$304
Jan 2017011849.413.42$403
Dec 20161498148.763.72$7,567
Nov 201601,82042.492.64$4,813
Oct 2016033646.193.09$1,038
Sep 201604441.553.10$136
Aug 20160041.442.92$0
Jul 20161652,26141.622.92$13,479
Jun 20165525,51845.352.69$39,854
May 201602,30242.521.99$4,583
Apr 20163794,82036.561.99$23,453
Mar 20161915,31733.011.79$15,844
Feb 20161954,85426.472.06$15,179
Jan 20161982,65227.352.36$11,686
Dec 20151954,13232.362.00$14,580
Nov 20151805,08738.792.17$18,007
Oct 20151956,13743.552.43$23,384
Sep 20151915,97942.992.76$24,704
Aug 20153836,46940.162.87$33,963
Jul 20153866,85448.152.95$38,771
Jun 20151915,67256.152.88$27,076
May 201504055.212.96$118
Apr 20153853,50749.822.71$28,673
Mar 201506,33642.892.93$18,594
Feb 20150044.662.98$0
Jan 2015081143.433.10$2,515
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013184091.824.35$16,895
Nov 20131913,35688.853.74$29,516
Oct 20131936,37997.423.78$42,911
Sep 20131953,206104.113.72$32,221
Aug 20131403,978104.253.52$28,608
Jul 2013161671102.523.72$19,000
Jun 20131511,81094.403.93$21,374
May 20131293,28494.834.15$25,859
Apr 20132942,89793.964.28$40,031
Mar 201302,39793.623.91$9,379
Feb 20133153,72091.233.42$41,460
Jan 20133245,55791.603.42$48,683
Dec 20121905,31586.773.42$34,664
Nov 20121706,02286.953.62$36,611
Oct 20122656,21789.383.40$44,822
Sep 20123106,82094.672.92$49,251
Aug 20123267,82292.662.91$52,955
Jul 20124238,39185.133.02$61,358
Jun 20123077,66779.822.52$43,818
May 20122907,15591.612.49$44,371
Apr 20122805,738101.652.00$39,920
Mar 20124158,104105.052.22$61,603
Feb 20123385,554101.102.57$48,447
Jan 20124829,85098.092.73$74,210
Dec 20114969,09296.873.24$77,503
Nov 20114699,11895.723.31$75,085
Oct 20113298,64884.983.65$59,511
Sep 20114127,56483.623.99$64,600
Aug 20112856,16283.404.15$49,337
Jul 20112625,44694.144.52$49,266
Jun 20111724,85392.904.64$38,496
May 20112164,54698.134.40$41,220
Apr 2011842,225105.964.33$18,542
Mar 20113314,47796.364.06$50,060
Feb 201137410,26285.644.18$74,924
Jan 201163913,81386.504.59$118,658
Dec 201052115,09185.734.35$110,277
Nov 201063817,37380.843.80$117,512
Oct 201029011,15778.103.51$61,798
Sep 20103098,50872.633.98$56,300
Aug 20101994,34873.684.42$33,878
Jul 201057615,98172.554.74$117,483
Jun 201044417,64970.364.91$117,903
May 201090220,13471.124.24$149,422
Apr 201079520,42681.694.12$149,154
Mar 201058222,74878.394.39$145,456
Feb 201097421,63273.585.44$189,396
Jan 201094926,62074.365.96$229,332
Dec 20091,15223,31471.445.48$210,147
Nov 20091,16725,89574.593.75$184,192
Oct 20091,28732,99072.544.11$228,956
Sep 20091,81240,09665.543.06$241,643
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008861,672110.3110.45$26,967
Mar 20081,42635,110101.909.66$484,615
Feb 200862414,35192.538.77$183,605
Jan 200845311,61390.388.21$136,235
Dec 200784315,83788.337.30$190,103
Nov 200789616,86991.677.29$205,140
Oct 20072507,68082.856.92$73,873
Sep 2007157975.846.24$1,631
Aug 20071712,35469.066.39$26,846
Jul 200787516,57270.906.39$167,898
Jun 20071,13717,41362.007.55$201,935
May 200792716,94958.747.85$187,439
Apr 20071,20116,84959.617.81$203,101
Mar 200783119,97756.927.30$193,172
Feb 200758116,50655.108.22$167,626
Jan 200761215,51750.306.73$135,164
Dec 200690722,69556.656.92$208,396
Nov 20061,02924,36554.207.62$241,372
Oct 20061,26728,63354.906.01$241,751
Sep 200698230,08460.085.04$210,538
Aug 20061,70433,46268.717.34$362,690
Jul 20061,92836,54769.376.34$365,554
Jun 20062,11338,65966.286.38$386,844
May 20062,32344,01166.016.42$436,112
Apr 20062,41446,35864.397.36$496,655
Mar 20062,75055,07456.707.08$546,010
Feb 20062,84453,40857.597.75$577,758
Jan 20062,92171,56860.598.93$816,323
Dec 20054,25186,01254.9413.42$1,387,435
Nov 20055,092111,15854.6910.59$1,455,467
Oct 20057,766160,10958.3413.80$2,661,894
Sep 20056,597152,70761.4512.08$2,249,934
Aug 200521216,27761.519.80$172,503
Jul 20050055.697.84$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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                    1 Mcf  × $  1.86 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/213685 is the state's own key, not one this site invented.