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 267327District 04Field 479371502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Mar 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 Gas112016-02-26215366
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
CondensateDisposition31,529 bbl$2,055,227
GasProduction1,260,692 Mcf$4,121,693
Total$6,176,920

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 27.3046, -97.9835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.30458, -97.98352 · 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
13,250 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 13,250 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-2733257283013,250 ftMar 2012

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 (171)

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

171 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 20243169.052.20$209
Oct 2024121,24771.372.28$3,701
Sep 2024712,12369.612.36$9,962
Aug 2024812,57275.632.06$11,434
Jul 2024502,52479.932.15$9,414
Jun 2024592,66578.082.63$11,626
May 2024772,74478.812.20$12,101
Apr 2024622,66184.451.66$9,651
Mar 20241532,85580.301.55$16,697
Feb 20241742,62976.091.78$17,929
Jan 20242142,84273.023.30$24,998
Dec 20232022,92371.262.61$22,026
Nov 20231792,85777.892.81$21,964
Oct 20232342,98185.443.09$29,196
Sep 20232572,98489.042.74$31,045
Aug 20233733,01980.522.67$38,103
Jul 20233053,02874.852.64$30,829
Jun 20232262,86068.962.26$22,044
May 20231532,89270.622.23$17,247
Apr 20231422,95278.122.24$17,699
Mar 20231703,21472.852.39$20,076
Feb 20231083,03575.112.47$15,595
Jan 20231883,56676.533.39$26,468
Dec 20221863,42976.415.73$33,857
Nov 20221683,11585.005.65$31,868
Oct 20221653,04287.185.86$32,222
Sep 20221992,86684.888.16$40,288
Aug 20221663,16094.529.13$44,532
Jul 20221432,906101.587.54$36,443
Jun 20221512,749115.097.98$39,308
May 20221572,844109.378.43$41,155
Apr 20221592,928104.226.84$36,591
Mar 20222172,703108.885.08$37,348
Feb 20223012,25891.054.86$38,377
Jan 20222702,52981.844.54$33,573
Dec 20213242,46871.323.90$32,731
Nov 20213542,44077.435.24$40,188
Oct 20214542,94779.795.71$53,063
Sep 20214063,29969.865.35$46,016
Aug 20213463,15166.024.22$36,142
Jul 20213391,78870.783.98$31,114
Jun 20213943,85269.493.38$40,401
May 20218683963.483.02$7,991
Apr 2021631,52960.362.76$8,020
Mar 2021751,65661.302.72$9,097
Feb 2021671,71357.805.55$13,376
Jan 2021671,95350.412.81$8,866
Dec 2020882,03044.642.68$9,360
Nov 20201043,18738.772.71$12,658
Oct 20201183,55736.972.48$13,178
Sep 20201323,27437.091.99$11,415
Aug 20201673,17839.982.39$14,257
Jul 20201162,52038.371.83$9,050
Jun 20201003,19534.901.69$8,891
May 20201303,93416.921.81$9,339
Apr 20201053,48314.751.80$7,833
Mar 20201513,98730.341.86$11,982
Feb 20201433,83049.881.98$14,719
Jan 20201324,02557.252.09$15,988
Dec 20191384,05559.012.30$17,488
Nov 20191244,39255.302.75$18,938
Oct 2019693,91053.472.42$13,146
Sep 2019483,14455.052.66$10,997
Aug 2019513,31053.112.30$10,336
Jul 2019623,61356.272.46$12,377
Jun 2019563,52352.782.49$11,732
May 2019643,39158.482.74$13,035
Apr 20191093,23062.632.75$15,711
Mar 2019782,51156.803.06$12,119
Feb 20191323,10250.852.79$15,374
Jan 201945012,71346.033.23$61,753
Dec 20182677,68446.594.19$44,600
Nov 20182195,43252.934.24$34,608
Oct 20181092,73961.443.40$16,004
Sep 20182013,34959.543.11$22,376
Aug 20183333,68059.403.07$31,065
Jul 20182193,78565.142.93$25,363
Jun 20182213,30760.183.08$23,475
May 20183294,12965.382.90$33,487
Apr 20183724,17263.842.90$35,851
Mar 20181924,31261.222.79$23,771
Feb 20182843,81461.782.77$28,096
Jan 20183194,02462.874.01$36,189
Dec 20173704,46257.272.92$34,226
Nov 20173304,50955.423.12$32,349
Oct 20172654,67749.292.98$27,017
Sep 20172834,69147.523.09$27,931
Aug 20173054,86445.373.00$28,451
Jul 20173274,95143.873.09$29,631
Jun 20173255,04242.493.09$29,375
May 20173315,55445.373.26$33,142
Apr 20173375,83147.933.21$34,879
Mar 20172493,83946.772.98$23,100
Feb 20172455,01550.452.95$27,168
Jan 20173165,54449.413.42$34,567
Dec 20162454,88448.763.72$30,129
Nov 20162874,70942.492.64$24,647
Oct 20162815,76246.193.09$30,785
Sep 20161215,26941.553.10$21,365
Aug 2016743,22641.442.92$12,500
Jul 2016532,64741.622.92$9,947
Jun 2016813,70245.352.69$13,616
May 20161073,68442.521.99$11,885
Apr 20161133,99936.561.99$12,093
Mar 2016894,34033.011.79$10,724
Feb 20161204,68826.472.06$12,851
Jan 20161245,47727.352.36$16,341
Dec 20151325,71032.362.00$15,700
Nov 20151305,75738.792.17$17,520
Oct 20151435,73343.552.43$20,139
Sep 20153176,09342.992.76$30,435
Aug 20153818,54840.162.87$39,855
Jul 20153809,00548.152.95$44,817
Jun 20153708,31456.152.88$44,744
May 20154759,20155.212.96$53,418
Apr 20155928,63349.822.71$52,859
Mar 20154468,42242.892.93$43,845
Feb 20154968,47444.662.98$47,372
Jan 20157829,30943.433.10$62,826
Dec 201467610,99354.693.59$76,450
Nov 201469510,63470.464.25$94,184
Oct 201470210,81178.303.90$97,140
Sep 201467611,80286.164.05$105,988
Aug 20145448,88489.394.04$84,476
Jul 20143124,64096.564.18$49,520
Jun 201478311,72998.164.74$132,418
May 201492613,47094.734.73$151,387
Apr 201478914,10195.944.81$143,510
Mar 201420013,09995.895.06$85,417
Feb 201416111,68197.406.19$88,010
Jan 201416810,06890.404.86$64,125
Dec 20131939,90691.824.35$60,857
Nov 201309,98088.853.74$37,308
Oct 2013014,18297.423.78$53,599
Sep 2013012,475104.113.72$46,379
Aug 2013022,337104.253.52$78,685
Jul 2013022,415102.523.72$83,333
Jun 2013010,89594.403.93$42,855
May 2013021,90094.834.15$90,865
Apr 2013023,41093.964.28$100,255
Mar 2013054,98193.623.91$215,134
Feb 2013020,59591.233.42$70,433
Jan 2013015,39991.603.42$52,663
Dec 2012025,29286.773.42$86,503
Nov 2012026,31786.953.62$95,398
Oct 2012031,54089.383.40$107,226
Sep 2012022,16294.672.92$64,678
Aug 2012035,18392.662.91$102,318
Jul 2012046,18885.133.02$139,525
Jun 2012049,77079.822.52$125,373
May 2012066,27791.612.49$164,918
Apr 2012079,659101.652.00$159,063
Mar 2012038,493105.052.22$85,535

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.

Nov 2024 — as filed, then multipliedworked
Condensate             3 bbl  × $ 69.05 =       $207
Gas                    1 Mcf  × $  2.20 =         $2

────────────────────────────────────────────────────
Month total                                     $209

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/267327 is the state's own key, not one this site invented.