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 265943District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Jul 2012 – May 2026
Value, last 12 filed months
$296 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 Gas112015-12-10216341
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
CondensateDisposition36,691 bbl$2,692,501
GasProduction1,956,218 Mcf$7,099,327
Total$9,791,828

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 27.3191, -98.0180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.31909, -98.01798 · 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
11,888 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 11,888 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-2733258784511,888 ftFeb 2013

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

May 2026684,728106.413.05$21,637
Apr 2026934,73898.932.87$22,797
Mar 2026834,60589.753.15$21,952
Feb 2026824,36563.503.75$21,577
Jan 2026944,68159.138.00$42,996
Dec 2025894,91456.664.41$26,730
Nov 2025754,58958.593.93$22,413
Oct 2025885,00959.383.30$21,779
Sep 20251344,80762.743.08$23,198
Aug 20251655,48163.933.01$27,072
Jul 20251432,94566.743.32$19,307
Jun 20251474,57166.483.13$24,074
May 20251195,13460.553.23$23,800
Apr 20251524,85062.363.54$26,663
Mar 2025814,81967.704.27$26,053
Feb 20251044,45370.884.34$26,701
Jan 20251504,89974.324.28$32,109
Dec 20241004,69868.993.12$21,563
Nov 20241224,65769.052.20$18,662
Oct 20242155,17171.372.28$27,142
Sep 20242434,68069.612.36$27,980
Aug 20241634,72375.632.06$22,074
Jul 20241014,46379.932.15$17,653
Jun 20241204,71378.082.63$21,784
May 20241594,93578.812.20$23,380
Apr 20241504,84884.451.66$20,711
Mar 20242524,93680.301.55$27,862
Feb 20242124,75776.091.78$24,616
Jan 20242525,09673.023.30$35,206
Dec 20232365,21271.262.61$30,424
Nov 20232125,03177.892.81$30,638
Oct 20232585,54785.443.09$39,169
Sep 20231195,31689.042.74$25,135
Aug 20231044,13580.522.67$19,426
Jul 20231185,61374.852.64$23,661
Jun 20231625,92468.962.26$24,551
May 20231435,63670.622.23$22,652
Apr 20231023,53978.122.24$15,888
Mar 20231073,66172.852.39$16,556
Feb 2023692,91575.112.47$12,370
Jan 20231473,74876.533.39$23,947
Dec 20221835,21076.415.73$43,832
Nov 20221865,09585.005.65$44,577
Oct 20222045,19687.185.86$48,253
Sep 20222555,30084.888.16$64,912
Aug 20222085,54394.529.13$70,252
Jul 20221845,207101.587.54$57,962
Jun 20221955,131115.097.98$63,374
May 20221325,211109.378.43$58,381
Apr 2022255,840104.226.84$42,537
Mar 2022255,784108.885.08$32,084
Feb 2022245,22591.054.86$27,573
Jan 2022226,07281.844.54$29,353
Dec 2021306,44971.323.90$27,285
Nov 2021837,26177.435.24$44,451
Oct 20211645,57579.795.71$44,940
Sep 20211564,92169.865.35$37,230
Aug 20212016,64466.024.22$41,312
Jul 20212687,82670.783.98$50,133
Jun 20212388,42269.493.38$45,010
May 20212105,31663.483.02$29,373
Apr 20213478,05360.362.76$43,158
Mar 20213758,90561.302.72$47,182
Feb 20212506,22857.805.55$49,003
Jan 20212436,76650.412.81$31,264
Dec 20202777,03344.642.68$31,182
Nov 20202247,21138.772.71$28,202
Oct 20201745,41436.972.48$19,851
Sep 20201485,78037.091.99$16,998
Aug 20201816,36939.982.39$22,427
Jul 20201286,33738.371.83$16,477
Jun 2020586,50534.901.69$13,020
May 2020275,79316.921.81$10,970
Apr 2020245,77814.751.80$10,780
Mar 2020326,16430.341.86$12,413
Feb 2020326,08649.881.98$13,651
Jan 2020316,92157.252.09$16,272
Dec 2019316,29359.012.30$16,331
Nov 2019338,09755.302.75$24,097
Oct 2019439,12153.472.42$24,359
Sep 2019286,79355.052.66$19,592
Aug 2019235,28353.112.30$13,395
Jul 2019214,31056.272.46$11,785
Jun 2019183,44952.782.49$9,542
May 2019326,43458.482.74$19,503
Apr 2019283,61062.632.75$11,684
Mar 2019223,15956.803.06$10,923
Feb 2019344,25250.852.79$13,601
Jan 2019384,54946.033.23$16,434
Dec 2018384,67846.594.19$21,350
Nov 2018574,40552.934.24$21,682
Oct 2018727,87961.443.40$31,197
Sep 20181199,15759.543.11$35,545
Aug 20181669,64559.403.07$39,437
Jul 2018736,40865.142.93$23,543
Jun 2018624,31060.183.08$16,993
May 2018796,50665.382.90$24,038
Apr 2018446,79363.842.90$22,514
Mar 2018257,18961.222.79$21,565
Feb 2018437,77561.782.77$24,163
Jan 2018498,80762.874.01$38,391
Dec 2017467,89157.272.92$25,688
Nov 2017406,97055.423.12$23,952
Oct 2017458,20949.292.98$26,711
Sep 2017457,42047.523.09$25,046
Aug 2017507,83345.373.00$25,802
Jul 2017558,67143.873.09$29,183
Jun 2017517,88342.493.09$26,504
May 2017528,71745.373.26$30,806
Apr 2017568,91647.933.21$31,319
Mar 20175610,00546.772.98$32,471
Feb 2017367,69550.452.95$24,536
Jan 2017467,63849.413.42$28,386
Dec 2016468,82248.763.72$35,086
Nov 20166310,72142.492.64$31,027
Oct 20167411,37346.193.09$38,564
Sep 201612013,59541.553.10$47,139
Aug 2016637,21941.442.92$23,722
Jul 2016474,66441.622.92$15,595
Jun 201610412,71145.352.69$38,856
May 201611410,07542.521.99$24,907
Apr 201613010,46936.561.99$25,597
Mar 201614812,00433.011.79$26,421
Feb 201617211,68426.472.06$28,664
Jan 201615110,76727.352.36$29,587
Dec 201518413,21532.362.00$32,403
Nov 201517012,56938.792.17$33,835
Oct 201518112,06443.552.43$37,157
Sep 201539113,03942.992.76$52,776
Aug 201544715,52340.162.87$62,541
Jul 201557622,79048.152.95$94,853
Jun 201562323,44356.152.88$102,564
May 201580027,96455.212.96$126,814
Apr 201575425,48349.822.71$106,536
Mar 201546621,04042.892.93$81,733
Feb 201537813,68444.662.98$57,608
Jan 201580521,55743.433.10$101,801
Dec 201485231,75654.693.59$160,643
Nov 201486130,22970.464.25$189,195
Oct 201495031,28678.303.90$196,430
Sep 20141,36641,52286.164.05$285,669
Aug 20141,01826,74289.394.04$198,906
Jul 201495529,93096.564.18$217,310
Jun 201470319,14498.164.74$159,689
May 201494923,60294.734.73$201,455
Apr 20141,08229,98595.944.81$248,009
Mar 20141,78734,43495.895.06$345,481
Feb 20141,54925,56497.406.19$309,165
Jan 20142,22736,65190.404.86$379,471
Dec 20132,35233,36291.824.35$361,235
Nov 2013025,92388.853.74$96,907
Oct 2013045,69597.423.78$172,698
Sep 2013046,189104.113.72$171,719
Aug 2013060,309104.253.52$212,445
Jul 2013067,525102.523.72$251,040
Jun 2013080,17094.403.93$315,341
May 2013088,65994.834.15$367,853
Apr 2013077,38593.964.28$331,408
Mar 2013049,35293.623.91$193,108
Feb 2013011,46691.233.42$39,213
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0

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            68 bbl  × $106.41 =     $7,236
Gas                4,728 Mcf  × $  3.05 =    $14,401

────────────────────────────────────────────────────
Month total                                  $21,637

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/265943 is the state's own key, not one this site invented.