KING RANCH BORREGOS

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the BORREGOS (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 50103District 04Field 10730016CondensateGasSaveExport
Value, all time
$556 k
Jan 1993 – Oct 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 46 leases and 46 wells, and the rule below applies to all of them.

Discovered
1973-08-01
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

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
CondensateDisposition1,573 bbl$29,546
GasProduction609,523 Mcf$526,824
Total$556,370

423,445 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.4855, -98.0019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.48551, -98.00191 · 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
7,700 ft
1 wells filed one
Completion to plug
35.8 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 7,700 ft.

Completions filed
Jan 1971
1 of 1 wells
Plug dates filed
Oct 2006
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27330137488 F7,700 ftJan 1971Oct 2006Yes

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 (166)

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

166 months

Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001024419.782.53$617
Sep 200103,65924.262.25$8,238
Aug 200101,98624.873.05$6,064
Jul 200103,89523.933.20$12,453
Jun 200103,70624.563.82$14,172
May 2001081825.524.31$3,523
Apr 20010024.685.34$0
Mar 200102,54924.545.38$13,705
Feb 200103,15427.755.77$18,189
Jan 200105,96227.478.40$50,073
Dec 200001,78126.889.12$16,247
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000059929.644.54$2,720
Jul 2000040628.534.09$1,660
Jun 2000052329.304.40$2,300
May 200004,21927.263.68$15,525
Apr 200003,80024.513.12$11,841
Mar 20000028.422.86$0
Feb 2000086427.622.73$2,356
Jan 200003,43425.272.48$8,518
Dec 199901224.282.42$29
Nov 1999021123.192.43$514
Oct 199902,15820.982.80$6,050
Sep 199904,39121.752.62$11,499
Aug 199904,76419.262.88$13,699
Jul 199905,63317.892.37$13,364
Jun 199903,59015.942.36$8,480
May 199902,88315.792.32$6,692
Apr 199905,39215.102.21$11,906
Mar 199903,81712.471.84$7,017
Feb 199905,1199.981.82$9,305
Jan 199904,08010.381.90$7,752
Dec 199802,8359.201.77$5,027
Nov 199805,15310.892.19$11,263
Oct 199804,58812.421.97$9,035
Sep 199806,13812.592.08$12,783
Aug 199805,49311.301.91$10,477
Jul 199805,49111.742.24$12,285
Jun 199807,64211.242.24$17,097
May 199801,21012.622.21$2,670
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997161,71618.193.09$5,590
Oct 1997384,96219.253.15$16,361
Sep 1997365,73917.742.95$17,597
Aug 199776,36517.862.55$16,386
Jul 199705,77717.582.25$12,981
Jun 199725,80417.242.26$13,135
May 1997526,62918.972.31$16,289
Apr 1997586,95017.882.08$15,512
Mar 1997556,65018.951.94$13,938
Feb 1997536,18920.492.21$14,738
Jan 1997787,09823.483.54$26,956
Dec 199677,54923.32$163
Nov 1996767,10921.97$1,670
Oct 19961736,86823.31$4,033
Sep 1996139,41922.22$289
Aug 1996137,82620.26$263
Jul 1996189,46319.55$352
Jun 19965110,90618.73$955
May 19965811,51519.43$1,127
Apr 19964910,91521.51$1,054
Mar 19966211,38819.38$1,202
Feb 19965210,65616.98$883
Jan 19966012,47417.07$1,024
Dec 19955312,29717.19$911
Nov 19956411,90716.00$1,024
Oct 19956412,11515.43$988
Sep 19955511,70616.18$890
Aug 19953811,97215.92$605
Jul 19953512,20915.24$533
Jun 19953311,70116.41$542
May 19953811,45417.56$667
Apr 19954111,20217.73$727
Mar 199509,59916.44$0
Feb 199506,64916.58$0
Jan 199506,98415.92$0
Dec 199406,72015.03$0
Nov 199407,11015.90$0
Oct 199407,20515.58$0
Sep 199407,70415.29$0
Aug 199408,09016.13$0
Jul 1994207,69317.56$351
Jun 199476,74217.09$120
May 199467,51915.88$95
Apr 199457,06814.14$71
Mar 1994146,84012.46$174
Feb 1994127,41912.50$150
Jan 199498,23112.66$114
Dec 199397,40612.33$111
Nov 1993126,90114.49$174
Oct 1993177,07215.85$269
Sep 1993126,54915.03$180
Aug 199326,78215.66$31
Jul 199306,80715.46$0
Jun 199307,19516.79$0
May 199307,01917.68$0
Apr 199306,97418.05$0
Mar 199309,05018.14$0
Feb 199308,54217.90$0
Jan 199308,92416.93$0

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 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.78 =         $0
Gas                  244 Mcf  × $  2.53 =       $617

────────────────────────────────────────────────────
Month total                                     $617

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/50103 is the state's own key, not one this site invented.