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 265361District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Oct 2011 – Aug 2025
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
167
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 Gas112016-02-26215841
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
CondensateDisposition16,684 bbl$1,130,597
GasProduction784,080 Mcf$2,509,441
Total$3,640,038

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 27.3185, -98.0099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31848, -98.00993 · 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
12,465 ft
1 wells filed one
Completion to plug
13.8 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 12,465 ft.

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

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2733257182912,465 ftOct 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 (167)

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

167 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 202523074.324.28$1,709
Dec 20242598368.993.12$4,793
Nov 2024211,00769.052.20$3,664
Oct 2024291,11771.372.28$4,618
Sep 2024531,06169.612.36$6,198
Aug 2024871,10775.632.06$8,864
Jul 2024561,19179.932.15$7,033
Jun 2024661,19878.082.63$8,309
May 2024861,26078.812.20$9,548
Apr 2024691,20184.451.66$7,820
Mar 2024911,28880.301.55$9,297
Feb 2024561,15476.091.78$6,319
Jan 2024631,28473.023.30$8,834
Dec 2023631,41271.262.61$8,176
Nov 2023571,45477.892.81$8,522
Oct 2023701,50685.443.09$10,630
Sep 2023541,39389.042.74$8,618
Aug 2023661,40680.522.67$9,072
Jul 2023591,43474.852.64$8,204
Jun 2023691,40968.962.26$7,940
May 2023631,38170.622.23$7,525
Apr 20235682778.122.24$6,225
Mar 20235099872.852.39$6,031
Feb 20233959475.112.47$4,394
Jan 2023861,07176.533.39$10,210
Dec 2022681,41076.415.73$13,274
Nov 20224447285.005.65$6,405
Oct 20225873387.185.86$9,355
Sep 20228289784.888.16$14,283
Aug 20227297394.529.13$15,686
Jul 2022661,019101.587.54$14,390
Jun 202269948115.097.98$15,504
May 202280977109.378.43$16,989
Apr 2022871,332104.226.84$18,175
Mar 2022561,254108.885.08$12,463
Feb 20222625491.054.86$3,601
Jan 2022511,14581.844.54$9,369
Dec 2021631,17871.323.90$9,086
Nov 2021501,11477.435.24$9,705
Oct 2021381,28479.795.71$10,369
Sep 20213195869.865.35$7,292
Aug 2021451,57366.024.22$9,610
Jul 2021541,83970.783.98$11,145
Jun 2021361,32069.493.38$6,964
May 20213393563.483.02$4,916
Apr 2021541,26860.362.76$6,757
Mar 2021661,66761.302.72$8,575
Feb 2021471,17957.805.55$9,258
Jan 2021501,61250.412.81$7,051
Dec 2020571,73144.642.68$7,176
Nov 2020481,79138.772.71$6,708
Oct 2020461,57336.972.48$5,599
Sep 2020511,95837.091.99$5,790
Aug 2020501,55039.982.39$5,696
Jul 2020331,53238.371.83$4,062
Jun 2020121,79734.901.69$3,456
May 2020131,90616.921.81$3,679
Apr 2020111,90314.751.80$3,596
Mar 2020152,00930.341.86$4,184
Feb 2020131,73049.881.98$4,075
Jan 2020142,15857.252.09$5,322
Dec 2019131,87159.012.30$5,079
Nov 2019132,20555.302.75$6,784
Oct 2019202,33753.472.42$6,722
Sep 2019182,31055.052.66$7,129
Aug 2019182,38353.112.30$6,447
Jul 2019192,19156.272.46$6,459
Jun 2019161,90552.782.49$5,590
May 2019182,03258.482.74$6,621
Apr 2019141,87462.632.75$6,032
Mar 2019131,04956.803.06$3,951
Feb 2019211,46050.852.79$5,144
Jan 2019261,36746.033.23$5,610
Dec 2018231,18746.594.19$6,040
Nov 2018301,22052.934.24$6,757
Oct 2018231,30361.443.40$5,841
Sep 2018311,17159.543.11$5,485
Aug 2018521,29659.403.07$7,063
Jul 2018351,33565.142.93$6,194
Jun 2018391,23860.183.08$6,156
May 2018661,99065.382.90$10,088
Apr 2018802,08463.842.90$11,152
Mar 2018472,36961.222.79$9,479
Feb 2018742,32161.782.77$10,992
Jan 2018812,39462.874.01$14,691
Dec 2017862,44157.272.92$12,057
Nov 2017772,42055.423.12$11,814
Oct 2017692,72249.292.98$11,523
Sep 2017742,75047.523.09$12,007
Aug 2017822,90445.373.00$12,445
Jul 2017933,18243.873.09$13,904
Jun 2017933,24442.493.09$13,967
May 2017913,45045.373.26$15,387
Apr 2017983,49247.933.21$15,912
Mar 20171023,93546.772.98$16,511
Feb 2017783,51350.452.95$14,308
Jan 20171134,22149.413.42$20,014
Dec 20161054,63548.763.72$22,375
Nov 20161254,81042.492.64$18,031
Oct 20161205,03346.193.09$21,096
Sep 20161045,33841.553.10$20,872
Aug 2016593,00941.442.92$11,244
Jul 2016472,23941.622.92$8,504
Jun 20161035,39245.352.69$19,153
May 20161415,74042.521.99$17,424
Apr 20161375,60736.561.99$16,172
Mar 20161156,67933.011.79$15,778
Feb 20161527,23126.472.06$18,946
Jan 20161447,82327.352.36$22,435
Dec 20151286,58032.362.00$17,311
Nov 20151346,92938.792.17$20,215
Oct 20151777,93743.552.43$26,968
Sep 20154367,90742.992.76$40,554
Aug 20154187,46740.162.87$38,236
Jul 201550811,98048.152.95$59,742
Jun 2015932,19256.152.88$11,541
May 20150055.212.96$0
Apr 20157049.822.71$349
Mar 2015751,55142.892.93$7,768
Feb 20151794,60044.662.98$21,685
Jan 20151852,24143.433.10$14,983
Dec 201473814,43754.693.59$92,210
Nov 20141,41625,95570.464.25$210,128
Oct 20141,76437,08878.303.90$282,800
Sep 20141,59840,17886.164.05$300,221
Aug 20141,84660,90789.394.04$410,781
Jul 201463719,78696.564.18$144,206
Jun 20141198.164.74$103
May 2014022294.734.73$1,049
Apr 2014017,36295.944.81$83,496
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201308494.834.15$349
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201303,72591.603.42$12,739
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012015,01789.383.40$51,053
Sep 2012017,90094.672.92$52,239
Aug 201203,59992.662.91$10,466
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012013,16291.612.49$32,751
Apr 2012031,217101.652.00$62,334
Mar 2012033,492105.052.22$74,422
Feb 2012039,531101.102.57$101,604
Jan 2012042,30798.092.73$115,671
Dec 20110096.873.24$0
Nov 2011054,39395.723.31$180,110
Oct 2011031,91684.983.65$116,447

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 2025 — as filed, then multipliedworked
Condensate            23 bbl  × $ 74.32 =     $1,709
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                   $1,709

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/265361 is the state's own key, not one this site invented.