KING RANCH LAGUNA LARGA

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 290597District 04Field 89945105CondensateGasSaveExport
Value, all time
$1.4 M
May 2020 – May 2026
Value, last 12 filed months
$203 k
at the published price for each month
Months reported
73
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.

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
CondensateDisposition10,440 bbl$765,341
GasProduction182,197 Mcf$670,425
Total$1,435,765

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 27.3228, -98.0151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32282, -98.01507 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,580 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 12,580 ft.

Completions filed
May 2020
1 of 1 wells

1 well

42-27332273107112,580 ftMay 2020

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 (73)

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

73 months

May 20261432,852106.413.05$23,903
Apr 20261032,80798.932.87$18,245
Mar 2026302,68189.753.15$11,136
Feb 2026292,36963.503.75$10,726
Jan 2026332,66659.138.00$23,274
Dec 2025312,56856.664.41$13,090
Nov 2025262,46158.593.93$11,186
Oct 2025302,68459.383.30$10,652
Sep 2025912,68362.743.08$13,965
Aug 20252242,88263.933.01$23,009
Jul 20252262,63366.743.32$23,812
Jun 20251832,59166.483.13$20,272
May 20251492,66160.553.23$17,623
Apr 20252262,60762.363.54$23,330
Mar 20251342,86067.704.27$21,279
Feb 20251732,59270.884.34$23,514
Jan 20252562,74374.324.28$30,762
Dec 20241702,80068.993.12$20,468
Nov 20241402,70769.052.20$15,618
Oct 20241872,80171.372.28$19,736
Sep 20242022,32969.612.36$19,568
Aug 20241432,40375.632.06$15,774
Jul 2024882,24079.932.15$11,842
Jun 20241032,42378.082.63$14,424
May 20241352,52478.812.20$16,188
Apr 20241072,45284.451.66$13,105
Mar 20241662,70380.301.55$17,506
Feb 20241402,63576.091.78$15,352
Jan 20241642,79773.023.30$21,199
Dec 20231522,83671.262.61$18,236
Nov 20231332,76077.892.81$18,108
Oct 20231592,88285.443.09$22,483
Sep 20231212,73389.042.74$18,249
Aug 20231532,55180.522.67$19,138
Jul 20231362,51974.852.64$16,834
Jun 20231582,38668.962.26$16,284
May 20231662,34770.622.23$16,951
Apr 20231552,53278.122.24$17,775
Mar 20231812,90872.852.39$20,145
Feb 20231062,72775.112.47$14,686
Jan 20231862,72076.533.39$23,449
Dec 20221942,63176.415.73$29,897
Nov 20221822,55085.005.65$29,868
Oct 20221832,50087.185.86$30,613
Sep 20222182,45584.888.16$38,546
Aug 20221792,53194.529.13$40,020
Jul 20221612,340101.587.54$34,003
Jun 20221732,306115.097.98$38,306
May 20221742,398109.378.43$39,253
Apr 20221602,369104.226.84$32,873
Mar 20221682,275108.885.08$29,841
Feb 20221562,27991.054.86$25,277
Jan 20221392,44081.844.54$22,448
Dec 20211652,51071.323.90$21,555
Nov 20211502,29777.435.24$23,644
Oct 20211422,36879.795.71$24,861
Sep 20211172,39769.865.35$21,000
Aug 20211212,54366.024.22$18,721
Jul 20211372,66470.783.98$20,305
Jun 20211292,61569.493.38$17,805
May 20211412,09863.483.02$15,282
Apr 20211742,48660.362.76$17,360
Mar 20211952,13661.302.72$17,757
Feb 20211571,76757.805.55$18,878
Jan 20211532,00950.412.81$13,359
Dec 20201661,98744.642.68$12,726
Nov 20201311,88838.772.71$10,189
Oct 20201112,26336.972.48$9,712
Sep 2020952,31237.091.99$8,127
Aug 2020982,20939.982.39$9,187
Jul 20201022,31638.371.83$8,141
Jun 20201142,15534.901.69$7,621
May 20201172,04816.921.81$5,696

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 2026 — as filed, then multipliedworked
Condensate           143 bbl  × $106.41 =    $15,217
Gas                2,852 Mcf  × $  3.05 =     $8,687

────────────────────────────────────────────────────
Month total                                  $23,903

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/290597 is the state's own key, not one this site invented.