KING RANCH MADERO

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

Gas lease lease 254023District 04Field 56562100CondensateGasSaveExport
Value, all time
$33.7 M
Dec 2009 – Jul 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2008-12-19
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 2009-06-30.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2013.

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
CondensateDisposition12,012 bbl$787,462
GasProduction8,488,643 Mcf$32,868,461
Total$33,655,923

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 27.4622, -97.6557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46220, -97.65570 · 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
11,360 ft
1 wells filed one
Completion to plug
14.5 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 11,360 ft.

Completions filed
Dec 2009
1 of 1 wells
Plug dates filed
Jun 2024
1 of 1 wells

Last completion to plug: a median of 14.5 years across the 1 well that filed both dates, with the middle half between 14.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273325153111,360 ftDec 2009Jun 2024Yes

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 (176)

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

176 months

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 20201014.751.80$15
Mar 202043,04730.341.86$5,777
Feb 202044,72849.881.98$9,564
Jan 202056,47857.252.09$13,856
Dec 201946,91559.012.30$16,171
Nov 201965,60255.302.75$15,741
Oct 201945,51953.472.42$13,562
Sep 201924,00755.052.66$10,758
Aug 201927,83453.112.30$18,159
Jul 2019210,60956.272.46$26,211
Jun 2019211,74352.782.49$29,360
May 2019813,32758.482.74$36,988
Apr 20191313,34362.632.75$37,517
Mar 20191813,35956.803.06$41,929
Feb 20191613,64450.852.79$38,911
Jan 20192315,31446.033.23$50,495
Dec 20181714,88546.594.19$63,092
Nov 20183215,17952.934.24$66,011
Oct 20184116,09661.443.40$57,215
Sep 20183014,23659.543.11$46,032
Aug 20184713,84059.403.07$45,233
Jul 20186514,03965.142.93$45,395
Jun 20185211,60960.183.08$38,849
May 20187014,40365.382.90$46,357
Apr 20184613,35863.842.90$41,686
Mar 20185317,86461.222.79$53,029
Feb 20185314,45461.782.77$43,256
Jan 20186718,14762.874.01$76,969
Dec 20177722,72757.272.92$70,807
Nov 20174221,88755.423.12$70,579
Oct 20171023,89249.292.98$71,779
Sep 20178124,33947.523.09$78,990
Aug 20178825,12045.373.00$79,463
Jul 20178928,42643.873.09$91,663
Jun 20178226,95242.493.09$86,693
May 20178026,43345.373.26$89,891
Apr 20177522,73347.933.21$76,604
Mar 201711931,27546.772.98$98,880
Feb 20179930,29950.452.95$94,455
Jan 201713634,55349.413.42$124,850
Dec 20169931,27148.763.72$121,244
Nov 201613635,13642.492.64$98,691
Oct 201618337,91946.193.09$125,632
Sep 201620029,88341.553.10$100,966
Aug 201617331,64241.442.92$99,701
Jul 20169318,86841.622.92$59,047
Jun 201614232,21845.352.69$92,972
May 20168510,43942.521.99$24,399
Apr 201617939,36336.561.99$84,918
Mar 201614232,92233.011.79$63,750
Feb 201615629,98326.472.06$66,003
Jan 201618936,32527.352.36$91,055
Dec 201523539,77532.362.00$87,211
Nov 201518736,79638.792.17$87,003
Oct 201518341,19943.552.43$107,942
Sep 201516039,35042.992.76$115,422
Aug 201521144,15740.162.87$135,314
Jul 201522346,82848.152.95$148,650
Jun 201529644,48156.152.88$144,853
May 201523444,02955.212.96$143,045
Apr 201526145,07049.822.71$134,988
Mar 201528650,56442.892.93$160,657
Feb 201529948,56044.662.98$157,877
Jan 201523038,11643.433.10$128,173
Dec 201438642,92254.693.59$175,259
Nov 201449754,04070.464.25$264,788
Oct 201459656,17978.303.90$265,819
Sep 201453960,59686.164.05$291,578
Aug 201444750,62089.394.04$244,215
Jul 2014451,50896.564.18$10,648
Jun 201440761,25398.164.74$330,099
May 201443568,67494.734.73$365,799
Apr 201454473,75495.944.81$406,883
Mar 201461169,69595.895.06$411,022
Feb 201455557,51197.406.19$410,165
Jan 201460164,01990.404.86$365,509
Dec 20131027,23991.824.35$40,888
Nov 2013034,54688.853.74$129,143
Oct 2013054,20897.423.78$204,872
Sep 2013031,613104.113.72$117,529
Aug 2013036,628104.253.52$129,026
Jul 2013010,770102.523.72$40,040
Jun 2013010,65494.403.93$41,907
May 2013013,92494.834.15$57,772
Apr 2013041,02293.964.28$175,680
Mar 2013047,21693.623.91$184,750
Feb 20130091.233.42$0
Jan 2013016,14291.603.42$55,204
Dec 2012074,02186.773.42$253,164
Nov 2012089,65486.953.62$324,992
Oct 20120105,54089.383.40$358,802
Sep 20120105,06394.672.92$306,616
Aug 20120112,75992.662.91$327,921
Jul 20120116,77785.133.02$352,760
Jun 20120112,23079.822.52$282,712
May 20120125,82291.612.49$313,085
Apr 20120125,054101.652.00$249,708
Mar 20120126,997105.052.22$282,197
Feb 20120101,818101.102.57$261,697
Jan 20120118,07198.092.73$322,816
Dec 20110122,70296.873.24$397,523
Nov 20110127,66795.723.31$422,741
Oct 20110127,63384.983.65$465,674
Sep 20110139,76183.623.99$557,059
Aug 20110148,51383.404.15$616,228
Jul 20110155,23794.144.52$701,243
Jun 20110157,95692.904.64$732,897
May 20110164,97798.134.40$726,694
Apr 20110160,022105.964.33$693,420
Mar 20110171,46896.364.06$695,704
Feb 20110158,28085.644.18$661,607
Jan 20110179,31586.504.59$822,837
Dec 20100187,89585.734.35$816,920
Nov 20100178,35780.843.80$676,924
Oct 20100187,87078.103.51$659,215
Sep 20100188,41772.633.98$749,800
Aug 20100220,96573.684.42$976,524
Jul 20100233,45872.554.74$1,105,771
Jun 20100236,19170.364.91$1,159,792
May 20100258,25371.124.24$1,093,758
Apr 20100263,06881.694.12$1,084,548
Mar 20100276,04778.394.39$1,211,479
Feb 20100252,72073.585.44$1,375,393
Jan 20100254,02174.365.96$1,515,004
Dec 20090142,20271.445.48$779,800

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.

Apr 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 14.75 =        $15
Gas                    0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                      $15

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/254023 is the state's own key, not one this site invented.