KING RANCH TULLIDOS

Operated by HEADINGTON ENERGY PARTNERS, LLC (P-5 370061) in the CANDELARIA, EAST (DEEP FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291309District 04Field 152653002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Aug 2021 – May 2026
Value, last 12 filed months
$321 k
at the published price for each month
Months reported
58
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1978-08-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF 4-1-79 DOCKET #4-71199

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
NGPA1none
ST-1112024-06-28234415

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
CondensateDisposition35,632 bbl$2,889,862
GasProduction1,378,048 Mcf$7,444,682
Total$10,334,544

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 26.8275, -97.8140. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.82748, -97.81401 · 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
16,494 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 16,494 ft.

Completions filed
Aug 2022
1 of 1 wells

1 well

42-26131618210116,494 ftAug 2022

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 (58)

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

58 months

May 202603,065106.413.05$9,336
Apr 20263663,38198.932.87$45,911
Mar 202603,93789.753.15$12,399
Feb 202603,60863.503.75$13,531
Jan 202603,74559.138.00$29,952
Dec 202504,19756.664.41$18,523
Nov 20251793,79058.593.93$25,369
Oct 20251785,85559.383.30$29,919
Sep 20251866,05062.743.08$30,285
Aug 202506,52563.933.01$19,671
Jul 20251786,97366.743.32$34,997
Jun 20253648,62166.483.13$51,171
May 20251798,59760.553.23$38,627
Apr 20251847,50662.363.54$38,069
Mar 20251868,89967.704.27$50,576
Feb 20253028,95870.884.34$60,291
Jan 20253358,85974.324.28$62,802
Dec 202436613,23268.993.12$66,552
Nov 202436915,08969.052.20$58,652
Oct 202453814,21171.372.28$70,818
Sep 202455320,91769.612.36$87,950
Aug 202470020,84675.632.06$95,959
Jul 202404,21779.932.15$9,052
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 20231868,84289.042.74$40,745
Aug 202373429,12380.522.67$136,944
Jul 202392732,01674.852.64$153,966
Jun 202374234,89568.962.26$129,978
May 20231,11241,80070.622.23$171,635
Apr 20231,29447,67278.122.24$207,766
Mar 20231,46957,25272.852.39$244,030
Feb 20231,44862,97675.112.47$264,038
Jan 20231,08534,69676.533.39$200,575
Dec 20222,847104,01076.415.73$813,421
Nov 20223,291124,10585.005.65$980,457
Oct 20225,327168,17287.185.86$1,450,528
Sep 20224,958216,48184.888.16$2,188,117
Aug 20224,423189,35394.529.13$2,146,317
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 2021101071.323.90$7,203
Nov 2021525077.435.24$40,651
Oct 2021031,88079.795.71$182,158
Sep 20210069.865.35$0
Aug 202103,69766.024.22$15,604

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             0 bbl  × $106.41 =         $0
Gas                3,065 Mcf  × $  3.05 =     $9,336

────────────────────────────────────────────────────
Month total                                   $9,336

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/291309 is the state's own key, not one this site invented.