KING RANCH STRATTON

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

Gas lease lease 60718District 04Field 86508170GasSaveExport
Value, all time
$396 k
Jan 1993 – Nov 2013
Value, last 12 filed months
$868
at the published price for each month
Months reported
251
no gaps in the span
Streams
1
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
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 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
GasProduction161,368 Mcf$395,895
Total$395,895

61,290 Mcf of this lease's gas, across 24 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 27.6773, -97.9445. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67730, -97.94453 · 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
7,300 ft
1 wells filed one
Completion to plug
14.3 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 7,300 ft.

Completions filed
Aug 1999
1 of 1 wells
Plug dates filed
Nov 2013
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24902291A 16DH7,300 ftAug 1999Nov 2013Yes

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 (251)

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

251 months

Nov 20132788.853.74$101
Oct 201320397.423.78$767
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 201028174.365.96$1,676
Dec 200926771.445.48$1,464
Nov 200932474.593.75$1,215
Oct 200930272.544.11$1,241
Sep 200924865.543.06$760
Aug 200923867.423.22$766
Jul 200919961.133.46$689
Jun 20096866.163.90$265
May 20093054.743.93$118
Apr 2009646.773.59$22
Mar 200913942.144.06$564
Feb 200916532.814.63$764
Jan 200914035.865.37$752
Dec 200810037.105.98$598
Nov 200812555.496.86$858
Oct 200813575.246.92$934
Sep 200896101.767.88$756
Aug 2008106114.228.48$899
Jul 2008135131.0811.39$1,538
Jun 2008109131.3313.03$1,421
May 2008218123.1711.57$2,523
Apr 200869110.3110.45$721
Mar 200869101.909.66$667
Feb 200816192.538.77$1,412
Jan 200811490.388.21$935
Dec 200711088.337.30$803
Nov 200713691.677.29$992
Oct 200710082.856.92$692
Sep 20079775.846.24$606
Aug 20071169.066.39$70
Jul 2007070.906.39$0
Jun 20077962.007.55$596
May 200718458.747.85$1,444
Apr 200721159.617.81$1,647
Mar 200722156.927.30$1,614
Feb 200718955.108.22$1,553
Jan 200718850.306.73$1,265
Dec 200619856.656.92$1,370
Nov 200626254.207.62$1,996
Oct 200625454.906.01$1,528
Sep 200626760.085.04$1,345
Aug 2006068.717.34$0
Jul 200624869.376.34$1,573
Jun 200623266.286.38$1,481
May 200624366.016.42$1,561
Apr 200620464.397.36$1,502
Mar 2006056.707.08$0
Feb 200625057.597.75$1,938
Jan 200631360.598.93$2,796
Dec 200530354.9413.42$4,065
Nov 200529654.6910.59$3,134
Oct 2005058.3413.80$0
Sep 200528561.4512.08$3,443
Aug 200531461.519.80$3,076
Jul 200529155.697.84$2,283
Jun 200529352.337.38$2,163
May 200531645.226.65$2,102
Apr 200530449.207.36$2,238
Mar 200530250.377.15$2,161
Feb 200527645.226.31$1,742
Jan 200531043.166.32$1,960
Dec 200431739.866.75$2,140
Nov 200432645.286.33$2,064
Oct 200424049.706.52$1,564
Sep 200430643.245.28$1,617
Aug 200432942.375.55$1,826
Jul 200432538.286.08$1,977
Jun 200430836.106.43$1,981
May 200432537.486.49$2,111
Apr 200433534.475.86$1,963
Mar 200432734.365.53$1,808
Feb 200430632.455.51$1,686
Jan 200434032.036.30$2,142
Dec 200332630.266.30$2,054
Nov 200329628.804.60$1,360
Oct 200331328.174.76$1,490
Sep 200329226.314.75$1,387
Aug 200330929.765.13$1,585
Jul 200330429.415.17$1,572
Jun 200344728.565.98$2,674
May 200350026.595.97$2,986
Apr 200344526.675.41$2,406
Mar 200352031.146.10$3,170
Feb 200349033.487.93$3,884
Jan 200358030.315.58$3,238
Dec 200263226.914.85$3,068
Nov 200261424.664.14$2,540
Oct 200263726.464.23$2,694
Sep 200263727.443.64$2,316
Aug 200271525.963.16$2,262
Jul 200268024.583.06$2,082
Jun 200273223.733.34$2,444
May 200273424.663.58$2,631
Apr 200269023.653.51$2,424
Mar 200267222.003.10$2,085
Feb 200264418.222.38$1,530
Jan 200273717.172.38$1,751
Dec 200186816.932.36$2,052
Nov 200177618.072.41$1,867
Oct 200198819.782.53$2,499
Sep 20011,03624.262.25$2,332
Aug 20011,21324.873.05$3,703
Jul 20011,22323.933.20$3,910
Jun 20011,25224.563.82$4,788
May 20011,29025.524.31$5,556
Apr 20011,31324.685.34$7,005
Mar 20011,37724.545.38$7,403
Feb 20011,26627.755.77$7,301
Jan 20011,48227.478.40$12,447
Dec 20001,54926.889.12$14,131
Nov 20001,42632.215.66$8,068
Oct 20001,53631.235.15$7,903
Sep 20001,49231.875.19$7,738
Aug 20001,51529.644.54$6,879
Jul 20001,63728.534.09$6,695
Jun 20001,68129.304.40$7,392
May 20001,65927.263.68$6,105
Apr 20001,47724.513.12$4,602
Mar 20001,60928.422.86$4,601
Feb 20001,64327.622.73$4,480
Jan 20001,94325.272.48$4,820
Dec 19992,08424.282.42$5,051
Nov 19991,95523.192.43$4,758
Oct 19991,93620.982.80$5,428
Sep 1999021.752.62$0
Aug 19991,66219.262.88$4,779
Jul 19991,08317.892.37$2,569
Jun 199999115.942.36$2,341
May 199995015.792.32$2,205
Apr 199991915.102.21$2,029
Mar 19991,03912.471.84$1,910
Feb 19999639.981.82$1,751
Jan 19991,10810.381.90$2,105
Dec 19981,1229.201.77$1,990
Nov 19981,14310.892.19$2,498
Oct 19981,11212.421.97$2,190
Sep 19981,22212.592.08$2,545
Aug 19981,20211.301.91$2,293
Jul 19981,46311.742.24$3,273
Jun 199893811.242.24$2,099
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 199861313.952.30$1,409
Jan 199886414.702.15$1,862
Dec 199792816.322.41$2,238
Nov 19971,11718.193.09$3,450
Oct 199798819.253.15$3,112
Sep 19971,19217.742.95$3,522
Aug 19971,25517.862.55$3,206
Jul 19971,22617.582.25$2,755
Jun 19971,11517.242.26$2,517
May 19971,23418.972.31$2,849
Apr 19971,26417.882.08$2,633
Mar 19971,25318.951.94$2,430
Feb 19971,30820.492.21$2,885
Jan 19971,48723.483.54$5,264
Dec 19962,30623.32$0
Nov 1996021.97$0
Oct 199648923.31$0
Sep 199696322.22$0
Aug 19961,26520.26$0
Jul 19961,38019.55$0
Jun 19961,50118.73$0
May 19963,19619.43$0
Apr 19963,56221.51$0
Mar 19964,84219.38$0
Feb 19961,71116.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 19951,98115.43$0
Sep 19953,84716.18$0
Aug 19954,40115.92$0
Jul 19955,09915.24$0
Jun 19954,49416.41$0
May 19951,22717.56$0
Apr 19953,32017.73$0
Mar 19951,95616.44$0
Feb 19952,28416.58$0
Jan 19953,67715.92$0
Dec 19944,06515.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 199334618.14$0
Feb 199398417.90$0
Jan 19932,39416.93$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.

Nov 2013 — as filed, then multipliedworked
Gas                   27 Mcf  × $  3.74 =       $101

────────────────────────────────────────────────────
Month total                                     $101

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/60718 is the state's own key, not one this site invented.