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KING RANCH BORREGOS

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

Gas lease lease 275673District 04Field 47939460CondensateGasSave
Value, all time
$13.5 M
Jul 2014 – Feb 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition98,074 bbl$4,797,521
GasProduction2,870,074 Mcf$8,698,854
Total$13,496,375

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 27.4190, -97.9292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.41902, -97.92920 · 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
13,664 ft
1 wells filed one
Completion to plug
11.7 years
median over 1 wells

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 13,664 ft.

Completions filed
Jul 2014
1 of 1 wells
Plug dates filed
Mar 2026
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332630M895E13,664 ftJul 2014Mar 2026Yes

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 (140)

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

140 months

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 20251063.933.01$64
Jul 202511,04566.743.32$3,531
Jun 202502,23766.483.13$6,999
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 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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022045276.415.73$2,590
Nov 202221485.005.65$249
Oct 20221458387.185.86$4,639
Sep 2022211,30784.888.16$12,452
Aug 2022322,33594.529.13$24,337
Jul 2022171,123101.587.54$10,197
Jun 2022271,640115.097.98$16,190
May 2022391,588109.378.43$17,657
Apr 2022282,094104.226.84$17,236
Mar 2022422,507108.885.08$17,299
Feb 2022381,58691.054.86$11,166
Jan 2022442,62881.844.54$15,526
Dec 2021492,96671.323.90$15,059
Nov 2021492,68677.435.24$17,860
Oct 2021813,01779.795.71$23,702
Sep 2021862,86769.865.35$21,349
Aug 2021813,16366.024.22$18,697
Jul 2021733,28970.783.98$18,264
Jun 2021793,48469.493.38$17,268
May 2021903,76363.483.02$17,069
Apr 2021913,88360.362.76$16,204
Mar 20211274,17561.302.72$19,128
Feb 20211233,48457.805.55$26,438
Jan 20211274,49050.412.81$19,020
Dec 20201544,50044.642.68$18,914
Nov 20201454,24238.772.71$17,103
Oct 20201004,90836.972.48$15,861
Sep 2020604,92837.091.99$12,037
Aug 2020525,54839.982.39$15,311
Jul 2020495,43538.371.83$11,800
Jun 2020456,74634.901.69$12,973
May 2020565,92416.921.81$11,698
Apr 2020576,25114.751.80$12,120
Mar 2020786,92830.341.86$15,226
Feb 2020736,50549.881.98$16,526
Jan 2020847,16457.252.09$19,816
Dec 2019977,67659.012.30$23,412
Nov 2019898,24055.302.75$27,587
Oct 20191749,04553.472.42$31,179
Sep 20191938,87455.052.66$34,205
Aug 20192019,28053.112.30$32,060
Jul 20192199,83656.272.46$36,520
Jun 201922410,85552.782.49$38,865
May 201928213,11858.482.74$52,439
Apr 201933714,52162.632.75$61,049
Mar 201925913,32056.803.06$55,498
Feb 201927716,53450.852.79$60,252
Jan 201934520,83746.033.23$83,146
Dec 201844727,66146.594.19$136,599
Nov 201847729,12652.934.24$148,661
Oct 2018382,19761.443.40$9,800
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 201716050.452.95$807
Jan 20173073,42449.413.42$26,875
Dec 20161,90542,09448.763.72$249,597
Nov 20161,96451,27242.492.64$219,031
Oct 20162,65368,35846.193.09$333,786
Sep 20161,83449,59441.553.10$229,975
Aug 20160041.442.92$0
Jul 20161,15629,10341.622.92$133,220
Jun 20162,12853,47645.352.69$240,132
May 20162,16658,99442.521.99$209,558
Apr 20162,23359,72436.561.99$200,551
Mar 20162,72764,27433.011.79$205,326
Feb 20162,59966,01226.472.06$205,020
Jan 20163,08174,73127.352.36$260,956
Dec 20153,27678,13232.362.00$262,386
Nov 20153,34183,21438.792.17$309,950
Oct 20153,34291,73443.552.43$368,144
Sep 20153,31398,82742.992.76$415,032
Aug 20154,319117,39040.162.87$510,653
Jul 20153,546108,26348.152.95$489,583
Jun 20154,010107,26956.152.88$534,403
May 20154,089107,13355.212.96$542,380
Apr 20154,528115,08049.822.71$537,057
Mar 20154,856123,72842.892.93$571,380
Feb 20154,749126,16044.662.98$587,566
Jan 20155,326121,14343.433.10$606,928
Dec 20145,485141,82254.693.59$809,309
Nov 20145,217153,55470.464.25$1,020,477
Oct 20144,192152,66878.303.90$923,785
Sep 20143,742130,87486.164.05$851,854
Aug 2014059,22489.394.04$238,976
Jul 2014019896.564.18$828

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.

Aug 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 63.93 =        $64
Gas                    0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/275673 is the state's own key, not one this site invented.