KING RANCH-STATE # 136

Operated by ABACO OPERATING, LLC (P-5 894) in the BALL RANCH (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227538District 04Field 052763002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Apr 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 33 leases and 33 wells, and the rule below applies to all of them.

Discovered
2006-03-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2006-03-28.

The Commission's schedule remark for this field reads: ALLOCATION FORMULS SUSPENDED.

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 Gas112008-02-01179666
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
CondensateDisposition12,286 bbl$933,806
GasProduction1,533,967 Mcf$9,544,941
Total$10,478,746

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 26.8416, -97.9387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84155, -97.93866 · 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
15,685 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 15,685 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-26131435215,685 ftApr 2007

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 (230)

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

230 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 202503870.884.34$165
Jan 202502774.324.28$116
Dec 202405168.993.12$159
Nov 202402569.052.20$55
Oct 202402271.372.28$50
Sep 202401169.612.36$26
Aug 2024043575.632.06$898
Jul 2024301,21279.932.15$5,000
Jun 20240678.082.63$16
May 202402178.812.20$46
Apr 2024027484.451.66$455
Mar 20245926580.301.55$5,147
Feb 2024746976.091.78$1,369
Jan 2024081573.023.30$2,688
Dec 2023091471.262.61$2,386
Nov 20231790977.892.81$3,876
Oct 20235266585.443.09$6,496
Sep 2023101,29189.042.74$4,421
Aug 202301,22680.522.67$3,277
Jul 2023421,41974.852.64$6,892
Jun 202391,27168.962.26$3,491
May 202391,32970.622.23$3,596
Apr 2023101,43578.122.24$3,992
Mar 2023421,27572.852.39$6,111
Feb 2023241,32675.112.47$5,072
Jan 2023086076.533.39$2,913
Dec 202201,40976.415.73$8,072
Nov 2022431,33585.005.65$11,193
Oct 2022151,21887.185.86$8,450
Sep 202201,26284.888.16$10,303
Aug 2022551,41894.529.13$18,141
Jul 202201,380101.587.54$10,408
Jun 202281,412115.097.98$12,185
May 2022151,531109.378.43$14,552
Apr 2022381,566104.226.84$14,668
Mar 2022112,109108.885.08$11,904
Feb 2022641,87391.054.86$14,928
Jan 2022273681.844.54$3,503
Dec 2021994771.323.90$4,334
Nov 2021131,26477.435.24$7,626
Oct 20211791,35779.795.71$22,036
Sep 202171,31169.865.35$7,504
Aug 2021161,37766.024.22$6,868
Jul 2021121,48170.783.98$6,747
Jun 2021151,32569.493.38$5,522
May 2021161,47263.483.02$5,458
Apr 202101,41260.362.76$3,895
Mar 202171,56461.302.72$4,678
Feb 202131,37757.805.55$7,813
Jan 202191,40350.412.81$4,397
Dec 202051,51944.642.68$4,287
Nov 2020141,41038.772.71$4,359
Oct 202021,53336.972.48$3,873
Sep 202041,60337.091.99$3,340
Aug 202051,59039.982.39$3,992
Jul 202051,53638.371.83$2,995
Jun 202051,39634.901.69$2,534
May 202071,51016.921.81$2,859
Apr 2020161,61414.751.80$3,148
Mar 202001,54430.341.86$2,866
Feb 2020111,41149.881.98$3,343
Jan 202041,62257.252.09$3,627
Dec 201921,65459.012.30$3,929
Nov 201921,59955.302.75$4,509
Oct 201911,51653.472.42$3,720
Sep 201911,35155.052.66$3,645
Aug 201911,32953.112.30$3,116
Jul 201901,52156.272.46$3,742
Jun 201931,51152.782.49$3,923
May 20191881,69758.482.74$15,645
Apr 201921,71062.632.75$4,829
Mar 201961,16356.803.06$3,902
Feb 201991,24650.852.79$3,937
Jan 201931,30146.033.23$4,338
Dec 201821,30546.594.19$5,555
Nov 201861,28552.934.24$5,762
Oct 201821,29161.443.40$4,510
Sep 201811,23659.543.11$3,901
Aug 201811,32659.403.07$4,126
Jul 201871,32665.142.93$4,344
Jun 201831,25460.183.08$4,039
May 201881,40365.382.90$4,593
Apr 2018293463.842.90$2,837
Mar 2018470561.222.79$2,210
Feb 201881,15261.782.77$3,681
Jan 2018171,28562.874.01$6,221
Dec 201701,26257.272.92$3,687
Nov 201711,22555.423.12$3,875
Oct 201711,34349.292.98$4,056
Sep 201721,35847.523.09$4,288
Aug 201701,56245.373.00$4,693
Jul 201731,49943.873.09$4,759
Jun 201731,54842.493.09$4,907
May 2017131,52945.373.26$5,580
Apr 2017311,52447.933.21$6,380
Mar 201701,50646.772.98$4,493
Feb 201781,45650.452.95$4,703
Jan 201701,67349.413.42$5,720
Dec 2016801,70548.763.72$10,248
Nov 201601,82142.492.64$4,815
Oct 201601,84846.193.09$5,711
Sep 201601,83141.553.10$5,677
Aug 201602,01341.442.92$5,887
Jul 201601,92041.622.92$5,615
Jun 2016631,47745.352.69$6,824
May 201602,20442.521.99$4,388
Apr 2016772,14236.561.99$7,080
Mar 201602,21133.011.79$3,967
Feb 201602,21126.472.06$4,563
Jan 2016822,37827.352.36$7,865
Dec 201502,23832.362.00$4,479
Nov 201532,43238.792.17$5,387
Oct 2015752,37943.552.43$9,039
Sep 2015132,55642.992.76$7,609
Aug 201522,63040.162.87$7,635
Jul 2015662,45848.152.95$10,417
Jun 2015112,47756.152.88$7,758
May 201522,65255.212.96$7,948
Apr 2015712,64949.822.71$10,707
Mar 201522,85842.892.93$8,473
Feb 2015772,44144.662.98$10,704
Jan 201532,36443.433.10$7,460
Dec 201482,65754.693.59$9,980
Nov 201442,50170.464.25$10,916
Oct 20141102,59078.303.90$18,716
Sep 201442,53286.164.05$10,588
Aug 201412,58189.394.04$10,504
Jul 20141112,60096.564.18$21,585
Jun 201402,64298.164.74$12,515
May 20141132,38594.734.73$21,977
Apr 201432,48495.944.81$12,234
Mar 20141172,60995.895.06$24,412
Feb 201402,21997.406.19$13,740
Jan 201422,62990.404.86$12,960
Dec 20131362,69391.824.35$24,214
Nov 201322,73788.853.74$10,409
Oct 2013752,95797.423.78$18,482
Sep 201313,040104.113.72$11,406
Aug 201313,060104.253.52$10,883
Jul 2013653,265102.523.72$18,802
Jun 201333,53394.403.93$14,180
May 2013743,76294.834.15$22,626
Apr 201323,87193.964.28$16,766
Mar 2013803,88693.623.91$22,695
Feb 2013723,48291.233.42$18,477
Jan 201343,82991.603.42$13,461
Dec 2012713,72986.773.42$18,914
Nov 201254,07786.953.62$15,214
Oct 201224,19589.383.40$14,440
Sep 2012764,47894.672.92$20,264
Aug 2012695,22892.662.91$21,597
Jul 201212,43785.133.02$7,447
Jun 2012764,42479.822.52$17,211
May 201225,08191.612.49$12,826
Apr 2012695,195101.652.00$17,387
Mar 201275,270105.052.22$12,446
Feb 2012685,455101.102.57$20,895
Jan 201214,61398.092.73$12,710
Dec 2011805,58496.873.24$25,840
Nov 201175,97095.723.31$20,438
Oct 2011955,43584.983.65$27,903
Sep 201125,35283.623.99$21,499
Aug 2011995,85783.404.15$32,559
Jul 2011925,08294.144.52$31,617
Jun 2011815,00092.904.64$30,724
May 201136,66198.134.40$29,635
Apr 2011896,134105.964.33$36,011
Mar 2011907,01296.364.06$37,122
Feb 2011116,63885.644.18$28,689
Jan 2011927,53886.504.59$42,548
Dec 2010907,20385.734.35$39,033
Nov 20101007,34480.843.80$35,957
Oct 2010847,36678.103.51$32,407
Sep 2010817,14772.633.98$34,324
Aug 201097,27573.684.42$32,814
Jul 2010817,69272.554.74$42,310
Jun 2010767,17970.364.91$40,599
May 2010847,69971.124.24$38,581
Apr 201077,52781.694.12$31,603
Mar 2010787,70978.394.39$39,947
Feb 2010817,15673.585.44$44,906
Jan 201078,05674.365.96$48,567
Dec 20091458,23071.445.48$55,490
Nov 2009788,73474.593.75$38,584
Oct 2009818,73572.544.11$41,779
Sep 2009768,82065.543.06$32,012
Aug 200998,95667.423.22$29,432
Jul 2009879,15661.133.46$37,039
Jun 20098310,24266.163.90$45,384
May 20098111,24054.743.93$48,559
Apr 20098211,70846.773.59$45,838
Mar 20098311,63042.144.06$50,704
Feb 20097311,85732.814.63$57,329
Jan 20097013,66135.865.37$75,883
Dec 20087013,92237.105.98$85,811
Nov 200814615,00955.496.86$111,069
Oct 20086319,99375.246.92$143,131
Sep 200817221,922101.767.88$190,184
Aug 200819623,876114.228.48$224,928
Jul 20089521,910131.0811.39$261,995
Jun 20089021,432131.3313.03$291,135
May 200827419,463123.1711.57$259,019
Apr 2008020,812110.3110.45$217,587
Mar 200822023,099101.909.66$245,648
Feb 200819822,39192.538.77$214,703
Jan 200826126,99890.388.21$245,127
Dec 20077729,72488.337.30$223,845
Nov 200720538,98891.677.29$303,081
Oct 200740442,12482.856.92$325,053
Sep 200743450,15675.846.24$346,097
Aug 200745172,32469.066.39$493,147
Jul 2007924103,80370.906.39$728,599
Jun 2007949165,14962.007.55$1,305,457
May 20071,097176,11158.747.85$1,446,254
Apr 200716422,55259.617.81$185,799

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.

Feb 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.88 =         $0
Gas                   38 Mcf  × $  4.34 =       $165

────────────────────────────────────────────────────
Month total                                     $165

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/227538 is the state's own key, not one this site invented.