KING RANCH BORREGOS

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

Gas lease lease 268603District 04Field 10730013CondensateGasSaveExport
Value, all time
$1.5 M
Jul 2012 – Feb 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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 158 leases and 158 wells, and the rule below applies to all of them.

Discovered
1995-11-21
as the register files it
Field class
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 1995-11-21.

The Commission's schedule remark for this field reads: ZONES CONSOLIDATED. P-15 & PLAT REQUIRED.

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
CondensateDisposition2,575 bbl$194,886
GasProduction391,003 Mcf$1,339,117
Total$1,534,003

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 27.4744, -97.9578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47436, -97.95779 · 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
7,500 ft
1 wells filed one
Completion to plug
6.3 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 7,500 ft.

Completions filed
Aug 2015
1 of 1 wells
Plug dates filed
Nov 2021
1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332593M850E7,500 ftAug 2015Nov 2021Yes

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 (116)

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

116 months

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 201803161.443.40$105
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 201601241.553.10$37
Aug 20160041.442.92$0
Jul 201606141.622.92$178
Jun 2016015545.352.69$416
May 2016025142.521.99$500
Apr 2016053336.561.99$1,061
Mar 20161356433.011.79$1,441
Feb 2016705,34026.472.06$12,873
Jan 2016362,31427.352.36$6,456
Dec 20151006,38332.362.00$16,011
Nov 20151359,27338.792.17$25,334
Oct 20151349,83143.552.43$29,691
Sep 201517416,13442.992.76$51,985
Aug 2015475,06040.162.87$16,422
Jul 2015173,06948.152.95$9,857
Jun 2015228556.152.88$934
May 201591,87855.212.96$6,047
Apr 2015287,44449.822.71$21,543
Mar 2015130542.892.93$938
Feb 2015242644.662.98$1,357
Jan 2015237243.433.10$1,240
Dec 2014140254.693.59$1,498
Nov 2014249470.464.25$2,241
Oct 2014103,79578.303.90$15,587
Sep 2014216,59286.164.05$28,477
Aug 2014137489.394.04$1,599
Jul 20141096.564.18$97
Jun 2014133,89098.164.74$19,703
May 2014154,13994.734.73$20,984
Apr 2014164,53995.944.81$23,364
Mar 2014214,69595.895.06$25,755
Feb 2014184,85397.406.19$31,803
Jan 201489,32990.404.86$46,069
Dec 20130091.824.35$0
Nov 2013107,28088.853.74$28,103
Oct 2013117,23397.423.78$28,408
Sep 20132310,805104.113.72$42,565
Aug 2013406,772104.253.52$28,025
Jul 2013366,129102.523.72$26,477
Jun 2013418,72094.403.93$38,170
May 20134410,74094.834.15$48,734
Apr 20136213,08193.964.28$61,846
Mar 20139914,97493.623.91$67,860
Feb 20139617,10891.233.42$67,266
Jan 201310218,67391.603.42$73,203
Dec 201215021,89286.773.42$87,890
Nov 201215624,58086.953.62$102,666
Oct 201218729,62089.383.40$117,413
Sep 201219527,93294.672.92$99,977
Aug 201223028,56192.662.91$104,372
Jul 201219624,08085.133.02$89,426

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.

Oct 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.44 =         $0
Gas                   31 Mcf  × $  3.40 =       $105

────────────────────────────────────────────────────
Month total                                     $105

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/268603 is the state's own key, not one this site invented.