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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 261712District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Mar 2011 – Aug 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
condensate, gas

The T-C-B (VXBG CONSOLIDATED) field

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 Gas112013-04-04208699
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
CondensateDisposition827 bbl$55,909
GasProduction717,603 Mcf$2,699,266
Total$2,755,175

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 27.3168, -98.0044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31682, -98.00442 · 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
11,590 ft
1 wells filed one
Completion to plug
14.4 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 11,590 ft.

Completions filed
Mar 2011
1 of 1 wells
Plug dates filed
Aug 2025
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2733254480211,590 ftMar 2011Aug 2025Yes

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 (174)

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

174 months

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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201711049.413.42$84
Dec 201629448.763.72$447
Nov 201627242.492.64$275
Oct 201668446.193.09$537
Sep 20161567241.553.10$2,707
Aug 20165041.442.92$207
Jul 20162791741.622.92$3,805
Jun 2016411,94245.352.69$7,075
May 201602,10842.521.99$4,197
Apr 201602,21136.561.99$4,402
Mar 201602,63833.011.79$4,733
Feb 201602,02026.472.06$4,169
Jan 2016072227.352.36$1,707
Dec 201502,26432.362.00$4,531
Nov 201502,24238.792.17$4,859
Oct 201562,60643.552.43$6,585
Sep 2015442,32442.992.76$8,302
Aug 2015392,21340.162.87$7,923
Jul 2015452,73748.152.95$10,227
Jun 2015523,06356.152.88$11,750
May 2015583,45755.212.96$13,419
Apr 2015283,75849.822.71$11,566
Mar 2015224,09642.892.93$12,964
Feb 2015142,30144.662.98$7,473
Jan 2015202,23843.433.10$7,808
Dec 2014233,51554.693.59$13,882
Nov 2014273,91470.464.25$18,544
Oct 2014274,29978.303.90$18,884
Sep 201483,83686.164.05$16,208
Aug 201441,97289.394.04$8,315
Jul 201415396.564.18$318
Jun 2014103,76998.164.74$18,835
May 201493,17294.734.73$15,845
Apr 2014164,09295.944.81$21,214
Mar 2014904,51795.895.06$31,472
Feb 2014835,70597.406.19$43,410
Jan 2014854,63990.404.86$30,233
Dec 20131757091.824.35$4,043
Nov 201301,89588.853.74$7,084
Oct 201304,57897.423.78$17,302
Sep 201305,528104.113.72$20,552
Aug 201306,163104.253.52$21,710
Jul 201306,544102.523.72$24,329
Jun 201304,12494.403.93$16,221
May 201301,85994.834.15$7,713
Apr 201304,23493.964.28$18,132
Mar 201304,21393.623.91$16,485
Feb 201303,58491.233.42$12,257
Jan 201302,14791.603.42$7,343
Dec 201203,22186.773.42$11,016
Nov 201204,22986.953.62$15,330
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201204,11592.662.91$11,967
Jul 2012010,75085.133.02$32,474
Jun 201207,16979.822.52$18,059
May 2012014,56091.612.49$36,230
Apr 2012014,540101.652.00$29,033
Mar 2012014,720105.052.22$32,709
Feb 2012029,301101.102.57$75,311
Jan 2012038,36198.092.73$104,882
Dec 2011024,16796.873.24$78,295
Nov 2011032,11595.723.31$106,342
Oct 2011032,27984.983.65$117,771
Sep 2011030,25183.623.99$120,574
Aug 2011041,18383.404.15$170,881
Jul 2011051,14694.144.52$231,039
Jun 2011064,87992.904.64$301,031
May 2011047,63498.134.40$209,819
Apr 2011088,846105.964.33$384,995
Mar 2011028,42696.364.06$115,334

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 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 49.41 =        $49
Gas                   10 Mcf  × $  3.42 =        $34

────────────────────────────────────────────────────
Month total                                      $84

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/261712 is the state's own key, not one this site invented.