KING RANCH BORREGOS

Operated by EOG RESOURCES, INC. (P-5 253162) in the BORREGOS (ZONE K-11) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278021District 04Field 10730183CondensateGasSaveExport
Value, all time
$871 k
Jun 2015 – Jan 2025
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2015-04-18
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CHANGED FROM PRORATED TO A ONE WELL FIELD EFF 5/1/2017;

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
CondensateDisposition9,466 bbl$448,132
GasProduction152,262 Mcf$422,412
Total$870,543

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 27.4645, -97.9119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46447, -97.91187 · 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
12,088 ft
1 wells filed one
Completion to plug
9.7 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 12,088 ft.

Completions filed
Jun 2015
1 of 1 wells
Plug dates filed
Feb 2025
1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332371M102E12,088 ftJun 2015Feb 2025Yes

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

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 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 20212069.865.35$140
Aug 20211710466.024.22$1,561
Jul 2021501,14670.783.98$8,102
Jun 2021861,69669.493.38$11,710
May 20211753,65463.483.02$22,136
Apr 20211956,36560.362.76$29,328
Mar 20210661.302.72$16
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 20204014.751.80$59
Mar 2020301,18930.341.86$3,117
Feb 2020271,00249.881.98$3,331
Jan 2020401,50857.252.09$5,449
Dec 2019411,41859.012.30$5,687
Nov 2019321,33555.302.75$5,442
Oct 2019411,42553.472.42$5,639
Sep 2019451,46055.052.66$6,357
Aug 2019431,37353.112.30$5,448
Jul 2019511,64156.272.46$6,907
Jun 2019451,54652.782.49$6,227
May 2019471,57758.482.74$7,070
Apr 2019371,10662.632.75$5,360
Mar 20192381756.803.06$3,808
Feb 20192792450.852.79$3,953
Jan 2019641,05146.033.23$6,339
Dec 2018761,11246.594.19$8,195
Nov 2018951,25052.934.24$10,325
Oct 20189965361.443.40$8,302
Sep 2018901,13259.543.11$8,877
Aug 2018841,17459.403.07$8,590
Jul 2018861,18065.142.93$9,062
Jun 2018871,16660.183.08$8,823
May 2018781,17265.382.90$8,499
Apr 2018811,13563.842.90$8,463
Mar 20181311,20861.222.79$11,386
Feb 20181251,13361.782.77$10,857
Jan 20181301,22762.874.01$13,093
Dec 2017961,21157.272.92$9,036
Nov 20171141,14055.423.12$9,873
Oct 20171131,29149.292.98$9,422
Sep 20171011,28447.523.09$8,764
Aug 20171141,35045.373.00$9,228
Jul 20171061,38343.873.09$8,920
Jun 20171031,38942.493.09$8,665
May 20171171,40645.373.26$9,897
Apr 20171241,41247.933.21$10,478
Mar 20171181,50546.772.98$10,009
Feb 20171031,43550.452.95$9,433
Jan 20172112,70749.413.42$19,680
Dec 20162122,59748.763.72$20,005
Nov 20161722,48742.492.64$13,885
Oct 20161832,47646.193.09$16,104
Sep 20161762,18141.553.10$14,075
Aug 201601,37341.442.92$4,015
Jul 20161471,95741.622.92$11,841
Jun 20162523,42445.352.69$20,624
May 20162673,56742.521.99$18,455
Apr 20162533,30836.561.99$15,836
Mar 20162833,80333.011.79$16,164
Feb 20162383,43326.472.06$13,384
Jan 20162773,82727.352.36$16,624
Dec 20152663,79532.362.00$16,203
Nov 20151892,63938.792.17$13,051
Oct 20153315,20843.552.43$27,053
Sep 20154047,07442.992.76$36,881
Aug 201565810,32940.162.87$56,095
Jul 201582215,05048.152.95$83,903
Jun 201563210,33656.152.88$65,284

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.

Sep 2021 — as filed, then multipliedworked
Condensate             2 bbl  × $ 69.86 =       $140
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                     $140

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/278021 is the state's own key, not one this site invented.