KING RANCH LOS INDIOS

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 267797District 04Field 899451052 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Apr 2012 – Jul 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
124
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 Gas112015-12-30216363
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
CondensateDisposition2,785 bbl$182,321
GasProduction544,600 Mcf$1,733,548
Total$1,915,869

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 27.3699, -97.9729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.36986, -97.97294 · 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
12,100 ft
1 wells filed one
Completion to plug
10.0 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 12,100 ft.

Completions filed
Jul 2012
1 of 1 wells
Plug dates filed
Jul 2022
1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2733258184012,100 ftJul 2012Jul 2022Yes

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 (124)

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

124 months

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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
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 20178045.373.26$363
Apr 2017371,58547.933.21$6,864
Mar 2017492,27746.772.98$9,086
Feb 2017422,47350.452.95$9,421
Jan 2017512,50349.413.42$11,077
Dec 2016412,35048.763.72$10,748
Nov 2016452,14942.492.64$7,595
Oct 2016472,36346.193.09$9,473
Sep 2016492,75641.553.10$10,581
Aug 2016251,27441.442.92$4,762
Jul 2016241,28941.622.92$4,768
Jun 2016462,54445.352.69$8,919
May 2016572,65242.521.99$7,704
Apr 2016481,74436.561.99$5,227
Mar 2016602,56733.011.79$6,586
Feb 2016622,18526.472.06$6,150
Jan 2016541,90527.352.36$5,981
Dec 2015752,82532.362.00$8,081
Nov 2015632,39438.792.17$7,632
Oct 2015572,39743.552.43$8,299
Sep 2015572,39042.992.76$9,043
Aug 2015612,87640.162.87$10,711
Jul 2015643,26448.152.95$12,694
Jun 2015593,01256.152.88$11,996
May 2015421,96355.212.96$8,120
Apr 2015321,39149.822.71$5,359
Mar 2015452,91542.892.93$10,485
Feb 2015311,45844.662.98$5,724
Jan 2015772,96143.433.10$12,525
Dec 2014713,71454.693.59$17,221
Nov 2014854,15370.464.25$23,647
Oct 20141105,04578.303.90$28,293
Sep 20141705,71486.164.05$37,763
Aug 20141103,66189.394.04$24,605
Jul 201419096.564.18$1,835
Jun 20142136,02898.164.74$49,462
May 20142677,56894.734.73$61,064
Apr 20141715,86695.944.81$44,616
Mar 2014291,65895.895.06$11,165
Feb 2014534,57497.406.19$33,484
Jan 2014606,10490.404.86$35,094
Dec 20131911091.824.35$2,224
Nov 201303,18588.853.74$11,906
Oct 2013010,74997.423.78$40,624
Sep 2013014,621104.113.72$54,357
Aug 2013011,642104.253.52$41,010
Jul 2013035,185102.523.72$130,809
Jun 201305,01494.403.93$19,722
May 201301,09794.834.15$4,552
Apr 2013013,63193.964.28$58,376
Mar 201306,14293.623.91$24,033
Feb 201304,63491.233.42$15,848
Jan 2013020,21691.603.42$69,137
Dec 201202,05386.773.42$7,022
Nov 2012018,27486.953.62$66,243
Oct 2012019,35189.383.40$65,787
Sep 2012045,52594.672.92$132,860
Aug 2012050,82992.662.91$147,819
Jul 2012029,49085.133.02$89,083
Jun 2012046,06379.822.52$116,035
May 2012077,30891.612.49$192,367
Apr 2012010,934101.652.00$21,833

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 2017 — as filed, then multipliedworked
Condensate             8 bbl  × $ 45.37 =       $363
Gas                    0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                     $363

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/267797 is the state's own key, not one this site invented.