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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 267331District 04Field 479371502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 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 KR\BOA (VX CONS.) field

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 Gas112016-02-26215369
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
CondensateDisposition16,963 bbl$1,117,657
GasProduction1,806,687 Mcf$6,035,142
Total$7,152,799

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 27.2970, -97.9784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29702, -97.97844 · 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
13,100 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 13,100 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-2733257983713,100 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 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 202439678.082.63$487
May 202461,23078.812.20$3,177
Apr 2024101,20784.451.66$2,847
Mar 2024161,50880.301.55$3,615
Feb 20241955076.091.78$2,427
Jan 2024271,28473.023.30$6,206
Dec 2023241,30671.262.61$5,120
Nov 2023201,16577.892.81$4,829
Oct 2023261,21385.443.09$5,966
Sep 2023221,18889.042.74$5,208
Aug 2023291,16080.522.67$5,436
Jul 2023261,13874.852.64$4,952
Jun 2023321,12368.962.26$4,743
May 20231001,22170.622.23$9,782
Apr 2023311,28178.122.24$5,288
Mar 202331,26872.852.39$3,253
Feb 202321,03575.112.47$2,702
Jan 202331,15976.533.39$4,156
Dec 202231,07576.415.73$6,388
Nov 202231,08885.005.65$6,398
Oct 202231,15987.185.86$7,058
Sep 202241,23684.888.16$10,430
Aug 202231,22794.529.13$11,483
Jul 202231,214101.587.54$9,461
Jun 202231,197115.097.98$9,894
May 202241,339109.378.43$11,729
Apr 202241,332104.226.84$9,525
Mar 202241,328108.885.08$7,177
Feb 202231,17291.054.86$5,968
Jan 202231,33681.844.54$6,308
Dec 202141,44771.323.90$5,927
Nov 202131,43977.435.24$7,768
Oct 2021211,35379.795.71$9,406
Sep 2021541,39869.865.35$11,253
Aug 2021571,17166.024.22$8,705
Jul 2021711,27470.783.98$10,099
Jun 2021551,32269.493.38$8,291
May 20213645263.483.02$3,649
Apr 20217685760.362.76$6,951
Mar 2021921,09261.302.72$8,607
Feb 20217480757.805.55$8,754
Jan 2021931,28750.412.81$8,305
Dec 20201091,42644.642.68$8,681
Nov 2020891,36838.772.71$7,153
Oct 2020701,32936.972.48$5,882
Sep 2020111,33237.091.99$3,060
Aug 2020161,58639.982.39$4,422
Jul 2020381,54238.371.83$4,272
Jun 2020411,44934.901.69$3,880
May 2020541,68416.921.81$3,970
Apr 2020471,64414.751.80$3,660
Mar 2020631,72530.341.86$5,113
Feb 2020631,76149.881.98$6,630
Jan 2020591,86357.252.09$7,280
Dec 2019702,13359.012.30$9,046
Nov 2019702,46955.302.75$10,662
Oct 2019952,95253.472.42$12,219
Sep 2019963,25555.052.66$13,934
Aug 20191123,98453.112.30$15,129
Jul 20191163,62556.272.46$15,445
Jun 20191083,47152.782.49$14,347
May 20191544,65258.482.74$21,754
Apr 20191625,81562.632.75$26,141
Mar 20191445,81856.803.06$25,995
Feb 20191576,00750.852.79$24,756
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20162033.011.79$66
Feb 20161348726.472.06$1,349
Jan 201641027.352.36$1,121
Dec 201533110,62132.362.00$31,968
Nov 201545916,11238.792.17$52,725
Oct 201543116,57543.552.43$58,991
Sep 201544814,19242.992.76$58,407
Aug 201541714,62740.162.87$58,763
Jul 201543016,11248.152.95$68,156
Jun 201541814,77456.152.88$66,062
May 201553916,79655.212.96$79,398
Apr 201563615,21949.822.71$72,877
Mar 201552516,39142.892.93$70,620
Feb 201559216,81844.662.98$76,492
Jan 201591018,02043.433.10$95,395
Dec 201472919,54754.693.59$110,069
Nov 201478920,15370.464.25$141,280
Oct 201475020,25578.303.90$137,739
Sep 201438920,40686.164.05$116,067
Aug 201445821,84089.394.04$129,068
Jul 201443423,17096.564.18$138,748
Jun 201449323,09398.164.74$157,782
May 201455825,34094.734.73$172,630
Apr 201450425,72195.944.81$172,049
Mar 201464927,13395.895.06$199,439
Feb 201451921,30997.406.19$182,496
Jan 201469428,04590.404.86$199,056
Dec 201378632,35491.824.35$213,055
Nov 2013022,59988.853.74$84,481
Oct 2013038,24097.423.78$144,523
Sep 2013032,022104.113.72$119,049
Aug 2013039,076104.253.52$137,650
Jul 2013042,478102.523.72$157,922
Jun 2013042,68794.403.93$167,905
May 2013043,79994.834.15$181,726
Apr 2013046,03093.964.28$197,128
Mar 2013035,75293.623.91$139,893
Feb 2013055,46791.233.42$189,692
Jan 2013035,02891.603.42$119,793
Dec 2012049,54086.773.42$169,435
Nov 2012056,07886.953.62$203,281
Oct 2012068,24289.383.40$232,001
Sep 2012073,08794.672.92$213,297
Aug 2012076,91792.662.91$223,687
Jul 2012084,33985.133.02$254,771
Jun 2012085,45479.822.52$215,262
May 2012095,64591.612.49$237,995
Apr 20120115,768101.652.00$231,166
Mar 2012061,705105.052.22$137,113

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.

Jun 2024 — as filed, then multipliedworked
Condensate             3 bbl  × $ 78.08 =       $234
Gas                   96 Mcf  × $  2.63 =       $253

────────────────────────────────────────────────────
Month total                                     $487

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/267331 is the state's own key, not one this site invented.