KING RANCH LAGUNA LARGA

Operated by EOG RESOURCES, INC. (P-5 253162) in the T-C-B (VXBG CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261704District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Mar 2011 – May 2026
Value, last 12 filed months
$170 k
at the published price for each month
Months reported
183
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 154 leases and 160 wells, and the rule below applies to all of them.

Discovered
2011-05-24
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 2011-06-01.

The Commission's schedule remark for this field reads: INTO THIS FIELD. EFF DATE IS 02/01/14.

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 Gas112015-09-16215670
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
CondensateDisposition26,509 bbl$1,522,208
GasProduction1,802,879 Mcf$6,669,824
Total$8,192,033

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 27.3143, -98.0157. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31429, -98.01573 · 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
14,000 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 14,000 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-2733254081314,000 ftSep 2018

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 (183)

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

183 months

May 2026312,541106.413.05$11,038
Apr 2026672,53798.932.87$13,909
Mar 2026682,77089.753.15$14,827
Feb 2026632,23263.503.75$12,371
Jan 2026742,66459.138.00$25,682
Dec 2025652,53756.664.41$14,880
Nov 2025532,19258.593.93$11,712
Oct 2025682,76359.383.30$13,169
Sep 2025742,26662.743.08$11,615
Aug 2025902,79363.933.01$14,174
Jul 2025752,71066.743.32$13,990
Jun 2025632,78866.483.13$12,911
May 2025532,96260.553.23$12,783
Apr 2025702,93862.363.54$14,775
Mar 2025363,06167.704.27$15,503
Feb 2025472,75070.884.34$15,269
Jan 2025713,10474.324.28$18,558
Dec 2024483,09768.993.12$12,978
Nov 2024413,06469.052.20$9,567
Oct 2024583,44071.372.28$11,987
Sep 20241123,16269.612.36$15,272
Aug 20241073,34075.632.06$14,985
Jul 2024673,26579.932.15$12,364
Jun 2024833,46378.082.63$15,602
May 20241203,84678.812.20$17,912
Apr 20241124,09584.451.66$16,253
Mar 20241385,29280.301.55$19,258
Feb 2024594,46176.091.78$12,446
Jan 2024552,90473.023.30$13,593
Dec 2023512,97071.262.61$11,388
Nov 2023462,84477.892.81$11,568
Oct 2023583,21485.443.09$14,878
Sep 2023332,78989.042.74$10,566
Aug 2023232,88780.522.67$9,569
Jul 2023162,83274.852.64$8,679
Jun 2023202,92768.962.26$7,990
May 2023213,02670.622.23$8,223
Apr 2023172,92978.122.24$7,882
Mar 2023182,68772.852.39$7,742
Feb 2023132,10375.112.47$6,162
Jan 2023233,13776.533.39$12,387
Dec 2022243,07576.415.73$19,451
Nov 2022272,86385.005.65$18,460
Oct 2022353,23887.185.86$22,038
Sep 2022463,55284.888.16$32,902
Aug 2022373,51594.529.13$35,579
Jul 2022343,485101.587.54$29,738
Jun 2022393,643115.097.98$33,549
May 2022403,881109.378.43$37,103
Apr 2022543,617104.226.84$30,359
Mar 20221043,874108.885.08$30,989
Feb 20221013,37791.054.86$25,604
Jan 2022994,01381.844.54$26,312
Dec 20211154,71271.323.90$26,574
Nov 2021682,29377.435.24$17,273
Oct 2021773,80179.795.71$27,862
Sep 2021653,80569.865.35$24,901
Aug 2021683,96566.024.22$21,224
Jul 2021814,12870.783.98$22,171
Jun 2021753,95569.493.38$18,582
May 2021824,02163.483.02$17,339
Apr 20211104,16260.362.76$18,120
Mar 20211234,55461.302.72$19,913
Feb 20211143,69157.805.55$27,067
Jan 20211644,65250.412.81$21,341
Dec 20202234,79844.642.68$22,792
Nov 20201884,96638.772.71$20,730
Oct 20201704,50436.972.48$17,448
Sep 20201335,00837.091.99$14,904
Aug 20201074,59939.982.39$15,247
Jul 2020994,47438.371.83$11,964
Jun 20201084,90734.901.69$12,064
May 20201365,11316.921.81$11,580
Apr 20201275,48414.751.80$11,768
Mar 20201735,90530.341.86$16,210
Feb 20201725,92149.881.98$20,307
Jan 20201737,01757.252.09$24,603
Dec 20191525,55959.012.30$21,779
Nov 20191757,45655.302.75$30,187
Oct 20192739,38753.472.42$37,300
Sep 20191936,96255.052.66$29,125
Aug 20192177,75653.112.30$29,397
Jul 20192808,97256.272.46$37,827
Jun 20192789,56552.782.49$38,501
May 201934910,79658.482.74$49,994
Apr 20194468,31062.632.75$50,791
Mar 201948110,18056.803.06$58,493
Feb 201964411,95250.852.79$66,120
Jan 201978213,79146.033.23$80,515
Dec 201893816,74846.594.19$113,799
Nov 20181,55319,98652.934.24$166,886
Oct 20181,35830,27561.443.40$186,312
Sep 20182794,87959.543.11$31,776
Aug 20184489059.403.07$5,343
Jul 2018291,13165.142.93$5,205
Jun 20182571360.183.08$3,698
May 2018371,12765.382.90$5,688
Apr 2018201,06463.842.90$4,363
Mar 201891,15761.222.79$3,775
Feb 2018141,02561.782.77$3,700
Jan 2018181,21862.874.01$6,015
Dec 2017181,19057.272.92$4,507
Nov 2017291,18755.423.12$5,309
Oct 2017871,48449.292.98$8,716
Sep 20171021,62547.523.09$9,864
Aug 20171082,05945.373.00$11,086
Jul 20171631743.873.09$1,681
Jun 201712842.493.09$129
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201727046.772.98$1,263
Feb 20171111,62750.452.95$10,404
Jan 20172674,23249.413.42$27,661
Dec 20162554,90848.763.72$30,705
Nov 20162904,87842.492.64$25,221
Oct 20162655,04346.193.09$27,825
Sep 20161784,74541.553.10$22,108
Aug 20161022,51341.442.92$11,576
Jul 2016952,62141.622.92$11,619
Jun 20161694,53345.352.69$19,839
May 20162294,77242.521.99$19,238
Apr 20162304,63036.561.99$17,627
Mar 20162125,50133.011.79$16,867
Feb 20162445,10426.472.06$16,991
Jan 20162325,43727.352.36$19,200
Dec 20152335,25732.362.00$18,061
Nov 20152355,48838.792.17$21,010
Oct 20152375,23543.552.43$23,025
Sep 20154395,80542.992.76$34,885
Aug 20153885,54540.162.87$31,510
Jul 20154226,43948.152.95$39,283
Jun 20154496,55156.152.88$44,097
May 20155647,56655.212.96$53,499
Apr 20155597,93749.822.71$49,331
Mar 20154468,52442.892.93$44,144
Feb 20153696,47344.662.98$35,744
Jan 20154394,92643.433.10$34,339
Dec 20145779,19654.693.59$64,582
Nov 20146069,19670.464.25$81,799
Oct 20145168,53878.303.90$73,709
Sep 20141355,86086.164.05$35,338
Aug 20141235,01489.394.04$31,227
Jul 2014742,88596.564.18$19,204
Jun 20141596,02998.164.74$44,166
May 20141786,49294.734.73$47,547
Apr 20141756,78895.944.81$49,434
Mar 20143417,37295.895.06$69,977
Feb 20142784,93597.406.19$57,635
Jan 20143626,62890.404.86$64,942
Dec 20133465,98891.824.35$57,844
Nov 201304,26988.853.74$15,959
Oct 201308,99997.423.78$34,010
Sep 201309,218104.113.72$34,270
Aug 2013011,878104.253.52$41,842
Jul 2013013,997102.523.72$52,037
Jun 2013014,82394.403.93$58,305
May 2013012,76594.834.15$52,963
Apr 201304,17193.964.28$17,863
Mar 201308,80393.623.91$34,445
Feb 2013010,31091.233.42$35,259
Jan 201304,61591.603.42$15,783
Dec 201208,96686.773.42$30,665
Nov 2012012,33886.953.62$44,725
Oct 2012012,27989.383.40$41,745
Sep 2012015,35694.672.92$44,815
Aug 2012016,13692.662.91$46,926
Jul 2012018,34885.133.02$55,426
Jun 2012020,60179.822.52$51,895
May 2012020,42991.612.49$50,834
Apr 2012014,225101.652.00$28,404
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012015,73898.092.73$43,029
Dec 2011061,38696.873.24$198,875
Nov 2011065,10995.723.31$215,594
Oct 2011077,02984.983.65$281,043
Sep 2011065,02483.623.99$259,173
Aug 20110101,30683.404.15$420,351
Jul 20110112,78794.144.52$509,486
Jun 20110127,74292.904.64$592,708
May 2011094,86898.134.40$417,876
Apr 20110112,343105.964.33$486,814
Mar 2011031,07196.364.06$126,066

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.

May 2026 — as filed, then multipliedworked
Condensate            31 bbl  × $106.41 =     $3,299
Gas                2,541 Mcf  × $  3.05 =     $7,739

────────────────────────────────────────────────────
Month total                                  $11,038

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/261704 is the state's own key, not one this site invented.