KING RANCH CANELO

Operated by EOG RESOURCES, INC. (P-5 253162) in the KR\BOA (VX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263218District 04Field 479371502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Aug 2011 – Dec 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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 11 leases and 11 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 2011-05-24.

The Commission's schedule remark for this field reads: FIELD IS UNDER STATEWIDE RULES. NO P-15 OR PLAT REQUIRED.

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 Gas112016-02-26215365
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
CondensateDisposition12,996 bbl$857,138
GasProduction1,019,564 Mcf$3,601,188
Total$4,458,326

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 27.3031, -97.9809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30311, -97.98091 · 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
13,200 ft
1 wells filed one
Completion to plug
11.7 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 13,200 ft.

Completions filed
Jan 2014
1 of 1 wells
Plug dates filed
Sep 2025
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2733256082413,200 ftJan 2014Sep 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 (173)

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

173 months

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 202009930.341.86$184
Feb 2020029649.881.98$586
Jan 202012,03657.252.09$4,322
Dec 2019143,28459.012.30$8,394
Nov 2019206,68855.302.75$19,503
Oct 2019144,35153.472.42$11,272
Sep 201931,07555.052.66$3,022
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 201910056.803.06$568
Feb 20192194,31850.852.79$23,193
Jan 20191,02422,99846.033.23$121,376
Dec 20182,23157,40446.594.19$344,203
Nov 20181,71144,96552.934.24$281,091
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 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201629042.521.99$1,233
Apr 20161362,05236.561.99$9,058
Mar 20161203,60233.011.79$10,423
Feb 20161393,35026.472.06$10,592
Jan 20161413,65827.352.36$12,505
Dec 20151614,70432.362.00$14,625
Nov 2015751,50738.792.17$6,175
Oct 20151474,38843.552.43$17,050
Sep 20151462,89142.992.76$14,251
Aug 20151624,04240.162.87$18,117
Jul 20151232,96048.152.95$14,640
Jun 20151283,04656.152.88$15,968
May 20151312,84055.212.96$15,626
Apr 20151182,63849.822.71$13,019
Mar 20151053,08842.892.93$13,566
Feb 20151223,03844.662.98$14,490
Jan 20152394,47443.433.10$24,252
Dec 20141744,32754.693.59$25,056
Nov 20142034,76470.464.25$34,559
Oct 20142385,52078.303.90$40,169
Sep 20142916,05986.164.05$49,584
Aug 20142685,46689.394.04$46,012
Jul 20141041,57496.564.18$16,621
Jun 20144297,52198.164.74$77,737
May 201468711,89894.734.73$121,316
Apr 201473715,12195.944.81$143,426
Mar 201478723,40995.895.06$193,840
Feb 20141,28434,82397.406.19$340,686
Jan 201432436,15290.404.86$205,014
Dec 201311,28891.824.35$5,700
Nov 201302,95888.853.74$11,058
Oct 20130097.423.78$0
Sep 20130339104.113.72$1,260
Aug 2013037104.253.52$130
Jul 2013038102.523.72$141
Jun 2013018094.403.93$708
May 2013049894.834.15$2,066
Apr 2013060993.964.28$2,608
Mar 201302,11593.623.91$8,276
Feb 201301,11891.233.42$3,823
Jan 201304,04791.603.42$13,840
Dec 2012020,77686.773.42$71,057
Nov 2012020,71986.953.62$75,106
Oct 2012024,75089.383.40$84,142
Sep 2012013,60194.672.92$39,693
Aug 2012028,03292.662.91$81,522
Jul 2012027,43385.133.02$82,870
Jun 2012026,94779.822.52$67,881
May 2012032,00991.612.49$79,649
Apr 2012035,240101.652.00$70,367
Mar 2012034,450105.052.22$76,551
Feb 2012043,239101.102.57$111,135
Jan 2012043,39098.092.73$118,632
Dec 2011030,21096.873.24$97,873
Nov 2011061,93495.723.31$205,081
Oct 2011067,70484.983.65$247,021
Sep 2011097,36683.623.99$388,081
Aug 2011042,11183.404.15$174,732

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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   99 Mcf  × $  1.86 =       $184

────────────────────────────────────────────────────
Month total                                     $184

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/263218 is the state's own key, not one this site invented.