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 263297District 04Field 56562100GasSaveExport
Value, all time
$3.7 M
Mar 2011 – Oct 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
no gaps in the span
Streams
1
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
GasProduction1,079,769 Mcf$3,685,033
Total$3,685,033

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 27.4514, -97.6598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45141, -97.65975 · 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
11,450 ft
1 wells filed one
Completion to plug
12.5 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 11,450 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-273325193211,450 ftApr 2011Oct 2023Yes

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 (152)

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

152 months

Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 20179150.452.95$269
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 20166326.472.06$130
Jan 20164927.352.36$116
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201524149.822.71$652
Mar 201542242.892.93$1,238
Feb 201533944.662.98$1,009
Jan 201544943.433.10$1,392
Dec 20141,11554.693.59$4,004
Nov 20141,14770.464.25$4,877
Oct 201476478.303.90$2,980
Sep 201451986.164.05$2,100
Aug 201466389.394.04$2,675
Jul 201448396.564.18$2,019
Jun 201450798.164.74$2,402
May 201488694.734.73$4,188
Apr 201493795.944.81$4,506
Mar 20141,17395.895.06$5,932
Feb 20141,12497.406.19$6,960
Jan 20141,35090.404.86$6,562
Dec 201321891.824.35$949
Nov 201358588.853.74$2,187
Oct 201369597.423.78$2,627
Sep 2013688104.113.72$2,558
Aug 2013786104.253.52$2,769
Jul 2013752102.523.72$2,796
Jun 201373594.403.93$2,891
May 201388294.834.15$3,659
Apr 201362493.964.28$2,672
Mar 201315893.623.91$618
Feb 2013091.233.42$0
Jan 20132,97391.603.42$10,167
Dec 201222,46386.773.42$76,827
Nov 201244,43686.953.62$161,079
Oct 201249,57689.383.40$168,543
Sep 201246,59094.672.92$135,968
Aug 201253,09092.662.91$154,394
Jul 201258,16685.133.02$175,708
Jun 201256,05879.822.52$141,212
May 201252,28991.612.49$130,112
Apr 201256,554101.652.00$112,927
Mar 201251,773105.052.22$115,044
Feb 201229,436101.102.57$75,658
Jan 201222,96798.092.73$62,794
Dec 201155,12896.873.24$178,600
Nov 201154,54195.723.31$180,601
Oct 201149,90184.983.65$182,066
Sep 201153,14483.623.99$211,821
Aug 201153,46883.404.15$221,856
Jul 201159,53694.144.52$268,938
Jun 201166,82492.904.64$310,055
May 201166,05298.134.40$290,947
Apr 201148,240105.964.33$209,037
Mar 20118,11996.364.06$32,942

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 2017 — as filed, then multipliedworked
Gas                   91 Mcf  × $  2.95 =       $269

────────────────────────────────────────────────────
Month total                                     $269

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/263297 is the state's own key, not one this site invented.