KING RANCH STRATTON

Operated by EXXON MOBIL CORPORATION (P-5 257128) 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 77185District 04Field 86508170GasSaveExport
Value, all time
$833 k
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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
GasProduction227,890 Mcf$833,359
Total$833,359

55,545 Mcf of this lease's gas, across 31 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 27.5767, -97.9466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.57674, -97.94662 · 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
7,075 ft
1 wells filed one
Completion to plug
14.7 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 7,075 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 14.7 years across the 1 well that filed both dates, with the middle half between 14.7 years and 14.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27330555T 38DF7,075 ftJul 1997Mar 2012Yes

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 (231)

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

231 months

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 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 20085592.538.77$482
Jan 20082,29090.388.21$18,791
Dec 20073,33288.337.30$24,330
Nov 20072,42191.677.29$17,653
Oct 20073,26582.856.92$22,600
Sep 20074,65675.846.24$29,073
Aug 20075,29369.066.39$33,811
Jul 20073,07770.906.39$19,656
Jun 20076,68962.007.55$50,492
May 20074,98358.747.85$39,098
Apr 20074,17259.617.81$32,563
Mar 20077,51956.927.30$54,904
Feb 20077,66455.108.22$62,967
Jan 20075,74850.306.73$38,666
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 200275124.663.58$2,692
Apr 20021,96623.653.51$6,905
Mar 20021,68722.003.10$5,234
Feb 200281318.222.38$1,931
Jan 20021,96417.172.38$4,666
Dec 20012,14416.932.36$5,069
Nov 20011,67318.072.41$4,024
Oct 20012,57919.782.53$6,522
Sep 20011,58124.262.25$3,559
Aug 20012,82324.873.05$8,619
Jul 20012,06323.933.20$6,596
Jun 20012,48824.563.82$9,515
May 20012,67525.524.31$11,522
Apr 20012,95724.685.34$15,777
Mar 20012,70824.545.38$14,559
Feb 200174627.755.77$4,302
Jan 20013,08127.478.40$25,877
Dec 20003,35526.889.12$30,606
Nov 20004,08132.215.66$23,090
Oct 20004,66031.235.15$23,978
Sep 20001,52531.875.19$7,909
Aug 20001,42729.644.54$6,480
Jul 20002,41728.534.09$9,885
Jun 20001,72329.304.40$7,576
May 20001,98627.263.68$7,308
Apr 20002,35724.513.12$7,344
Mar 200096628.422.86$2,763
Feb 20001,79527.622.73$4,894
Jan 20001,65125.272.48$4,095
Dec 19991,59824.282.42$3,873
Nov 19992,00723.192.43$4,885
Oct 19991,89720.982.80$5,319
Sep 19991,51621.752.62$3,970
Aug 19991,03719.262.88$2,982
Jul 19992,26517.892.37$5,373
Jun 19991,19015.942.36$2,811
May 199970315.792.32$1,632
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 19999119.981.82$1,656
Jan 19992,10010.381.90$3,990
Dec 19981,2839.201.77$2,275
Nov 19981,51610.892.19$3,314
Oct 19981,97812.421.97$3,895
Sep 199886312.592.08$1,797
Aug 199826711.301.91$509
Jul 19981,17411.742.24$2,627
Jun 19981,17411.242.24$2,627
May 19982,00112.622.21$4,415
Apr 19981,06513.042.51$2,668
Mar 19981,14112.802.31$2,635
Feb 19981,45713.952.30$3,350
Jan 199877514.702.15$1,670
Dec 199716516.322.41$398
Nov 19972,31318.193.09$7,143
Oct 199730819.253.15$970
Sep 199792417.742.95$2,730
Aug 19976,29617.862.55$16,085
Jul 19976,84517.582.25$15,380
Jun 19971,77017.242.26$3,995
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 199658917.07$0
Dec 199595317.19$0
Nov 19952,20916.00$0
Oct 19952,64015.43$0
Sep 19955,47016.18$0
Aug 199552315.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 19951,64215.92$0
Dec 199443115.03$0
Nov 19942,66415.90$0
Oct 19942,01915.58$0
Sep 19943,66215.29$0
Aug 19942,83816.13$0
Jul 19941,96917.56$0
Jun 19942,46217.09$0
May 19941,18015.88$0
Apr 19941,50614.14$0
Mar 199434612.46$0
Feb 199487512.50$0
Jan 19941,71312.66$0
Dec 19932,88512.33$0
Nov 19932,68314.49$0
Oct 19932,42715.85$0
Sep 199367615.03$0
Aug 199382715.66$0
Jul 199368215.46$0
Jun 199370116.79$0
May 19934,00917.68$0
Apr 19931,23618.05$0
Mar 199338118.14$0
Feb 199335517.90$0
Jan 19932,99216.93$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.

Feb 2008 — as filed, then multipliedworked
Gas                   55 Mcf  × $  8.77 =       $482

────────────────────────────────────────────────────
Month total                                     $482

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/77185 is the state's own key, not one this site invented.