KING RANCH STRATTON

Operated by EOG RESOURCES, INC. (P-5 253162) in the STRATTON (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267432District 04Field 86508170CondensateGasSaveExport
Value, all time
$5.3 M
Jun 2012 – Aug 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
147
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
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 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
CondensateDisposition15,179 bbl$1,153,493
GasProduction1,209,972 Mcf$4,196,217
Total$5,349,710

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 27.5622, -97.9082. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.56222, -97.90823 · 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
11,723 ft
1 wells filed one
Completion to plug
11.0 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 11,723 ft.

Completions filed
Feb 2013
1 of 1 wells
Plug dates filed
Feb 2024
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332583P84111,723 ftFeb 2013Feb 2024Yes

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 (147)

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

147 months

Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202321078.122.24$1,641
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20204491,40130.341.86$16,223
Feb 202012264649.881.98$7,365
Jan 20202081,26357.252.09$14,554
Dec 201925883059.012.30$17,137
Nov 20191311,53555.302.75$11,467
Oct 201901,00353.472.42$2,426
Sep 2019872,43155.052.66$11,249
Aug 2019911,85453.112.30$9,105
Jul 201915062056.272.46$9,966
Jun 201901,70452.782.49$4,245
May 2019631,58358.482.74$8,022
Apr 201903,90762.632.75$10,747
Mar 2019085356.803.06$2,612
Feb 201903,95250.852.79$11,035
Jan 201903,59546.033.23$11,605
Dec 201804,17046.594.19$17,453
Nov 20180052.934.24$0
Oct 20185335961.443.40$4,476
Sep 2018086559.543.11$2,688
Aug 20185164559.403.07$5,007
Jul 20186152765.142.93$5,519
Jun 20183774860.183.08$4,528
May 20186062565.382.90$5,736
Apr 20183174063.842.90$4,126
Mar 20181268861.222.79$2,652
Feb 2018883661.782.77$2,807
Jan 20181145162.874.01$2,500
Dec 2017668657.272.92$2,348
Nov 20171870855.423.12$3,205
Oct 2017282,79149.292.98$9,708
Sep 2017331,07347.523.09$4,881
Aug 201701,90745.373.00$5,729
Jul 201703,34343.873.09$10,321
Jun 201702,81242.493.09$8,681
May 201701,44545.373.26$4,716
Apr 201704,10047.933.21$13,168
Mar 201701,64546.772.98$4,908
Feb 201703,87350.452.95$11,435
Jan 201701,56249.413.42$5,340
Dec 201602,98748.763.72$11,120
Nov 201603,88242.492.64$10,265
Oct 201604,85846.193.09$15,012
Sep 201605,99741.553.10$18,594
Aug 20160041.442.92$0
Jul 201603,30741.622.92$9,671
Jun 201602,68145.352.69$7,201
May 201605,31042.521.99$10,572
Apr 2016334,08836.561.99$9,346
Mar 2016605,66333.011.79$12,140
Feb 2016643,00026.472.06$7,885
Jan 2016796,53427.352.36$17,609
Dec 2015836,49632.362.00$15,687
Nov 2015997,56538.792.17$20,236
Oct 20152611,13843.552.43$28,160
Sep 2015552,77542.992.76$10,019
Aug 20151329,39340.162.87$32,282
Jul 201510712,88448.152.95$43,096
Jun 201523114,57856.152.88$54,997
May 2015017,61855.212.96$52,069
Apr 201523322,07349.822.71$71,350
Mar 201539232,56942.892.93$112,393
Feb 201550033,86144.662.98$123,107
Jan 201580090,96843.433.10$316,802
Dec 20141,33147,20454.693.59$242,319
Nov 201457134,72370.464.25$187,869
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201447089.394.04$4,201
Jul 201479096.564.18$7,628
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201336623,24188.853.74$119,400
Oct 201357539,10697.423.78$203,812
Sep 201349144,164104.113.72$215,308
Aug 201360051,757104.253.52$244,870
Jul 20131,41663,116102.523.72$379,817
Jun 20131,15456,11194.403.93$329,645
May 20131,19694,14994.834.15$504,048
Apr 20131,61597,45293.964.28$569,092
Mar 201342781,46193.623.91$358,722
Feb 201318125,09191.233.42$102,322
Jan 201324713,52491.603.42$68,876
Dec 2012026,01586.773.42$88,975
Nov 2012025,72586.953.62$93,252
Oct 20120089.383.40$0
Sep 2012022,82494.672.92$66,610
Aug 2012027,94892.662.91$81,277
Jul 2012047,09685.133.02$142,268
Jun 2012015,26479.822.52$38,451

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.

Apr 2023 — as filed, then multipliedworked
Condensate            21 bbl  × $ 78.12 =     $1,641
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,641

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/267432 is the state's own key, not one this site invented.