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 214194District 04Field 479394602 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Oct 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
248
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 Gas112006-08-25169580
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
CondensateDisposition2,989 bbl$240,115
GasProduction481,733 Mcf$3,056,796
Total$3,296,911

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 27.4119, -97.9321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41190, -97.93209 · 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
14,015 ft
1 wells filed one
Completion to plug
20.7 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 14,015 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Jul 2026
1 of 1 wells

Last completion to plug: a median of 20.7 years across the 1 well that filed both dates, with the middle half between 20.7 years and 20.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332428M 74 E14,015 ftNov 2005Jul 2026Yes

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 (248)

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

248 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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20191340346.033.23$1,899
Dec 2018331,33646.594.19$7,129
Nov 20182764552.934.24$4,162
Oct 2018691,47561.443.40$9,252
Sep 2018481,60959.543.11$7,859
Aug 2018411,46759.403.07$6,934
Jul 2018411,51865.142.93$7,121
Jun 2018421,40460.183.08$6,848
May 2018491,77465.382.90$8,350
Apr 2018651,63763.842.90$8,898
Mar 20181131,79461.222.79$11,917
Feb 20181041,61761.782.77$10,898
Jan 20181031,70862.874.01$13,324
Dec 2017721,53857.272.92$8,617
Nov 2017681,49055.423.12$8,415
Oct 201761,66249.292.98$5,255
Sep 201721,53947.523.09$4,846
Aug 201731,59545.373.00$4,928
Jul 201731,64943.873.09$5,223
Jun 201721,72242.493.09$5,401
May 201701,71045.373.26$5,580
Apr 201701,63047.933.21$5,235
Mar 201701,83346.772.98$5,469
Feb 201701,64250.452.95$4,848
Jan 201701,86649.413.42$6,379
Dec 201601,63248.763.72$6,076
Nov 201601,92842.492.64$5,098
Oct 201601,90146.193.09$5,875
Sep 201601,93341.553.10$5,994
Aug 20160041.442.92$0
Jul 201601,15341.622.92$3,372
Jun 201602,01145.352.69$5,401
May 201602,28742.521.99$4,554
Apr 201602,09936.561.99$4,179
Mar 201601,82333.011.79$3,270
Feb 201601,93526.472.06$3,993
Jan 201602,02327.352.36$4,783
Dec 201501,75432.362.00$3,510
Nov 201502,18338.792.17$4,731
Oct 201502,06743.552.43$5,016
Sep 201501,94742.992.76$5,371
Aug 201502,01740.162.87$5,794
Jul 201502,24348.152.95$6,606
Jun 201502,19756.152.88$6,334
May 201512,48155.212.96$7,388
Apr 2015442,48649.822.71$8,921
Mar 2015482,76042.892.93$10,159
Feb 2015412,43644.662.98$9,081
Jan 2015512,50643.433.10$9,985
Dec 2014492,73354.693.59$12,495
Nov 2014513,17870.464.25$17,106
Oct 2014343,12878.303.90$14,864
Sep 2014442,99286.164.05$15,895
Aug 2014161,04989.394.04$5,663
Jul 201454796.564.18$679
Jun 2014533,48098.164.74$21,687
May 2014472,76894.734.73$17,535
Apr 2014653,19495.944.81$21,596
Mar 20141953,20795.895.06$34,916
Feb 20141732,93097.406.19$34,993
Jan 20141683,86690.404.86$33,979
Dec 2013371,70591.824.35$10,822
Nov 20131381,89788.853.74$19,353
Oct 20132053,62397.423.78$33,664
Sep 20131493,869104.113.72$29,896
Aug 2013233,583104.253.52$15,019
Jul 2013733,590102.523.72$20,831
Jun 20131093,99794.403.93$26,011
May 20131155,73694.834.15$34,705
Apr 20131125,27893.964.28$33,127
Mar 2013392,93993.623.91$15,151
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 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
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 20080292110.3110.45$3,053
Mar 200801,041101.909.66$10,060
Feb 200804,22892.538.77$37,082
Jan 2008023090.388.21$1,887
Dec 200701,20288.337.30$8,777
Nov 200705,05491.677.29$36,852
Oct 20070082.856.92$0
Sep 200703,98375.846.24$24,870
Aug 200705,61069.066.39$35,836
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007083958.747.85$6,583
Apr 200705,33859.617.81$41,664
Mar 200706,68456.927.30$48,806
Feb 200706,12655.108.22$50,331
Jan 200706,94150.306.73$46,691
Dec 200608,35956.656.92$57,831
Nov 2006013,40254.207.62$102,089
Oct 2006013,64754.906.01$82,070
Sep 2006014,25060.085.04$71,780
Aug 2006018,66768.717.34$137,014
Jul 2006023,20169.376.34$147,158
Jun 2006028,63066.286.38$182,770
May 2006038,93866.016.42$250,177
Apr 2006041,88164.397.36$308,264
Mar 2006010,83656.707.08$76,751
Feb 200609,82757.597.75$76,170
Jan 2006020,61460.598.93$184,151
Dec 2005022,35554.9413.42$299,901
Nov 200504,62354.6910.59$48,950
Oct 2005010,08158.3413.80$139,075

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 2019 — as filed, then multipliedworked
Condensate            13 bbl  × $ 46.03 =       $598
Gas                  403 Mcf  × $  3.23 =     $1,301

────────────────────────────────────────────────────
Month total                                   $1,899

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/214194 is the state's own key, not one this site invented.