JONES RANCH "A"

Operated by KING RANCH ENERGY, INC. (P-5 465298) in the MCALLEN RANCH,N(VKSBG. LO 14700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88057District 04Field 58748600NGPA filingCondensateGasSaveExport
Value, all time
$26 k
Jan 1993 – Jun 1999
Value, last 12 filed months
$273
at the published price for each month
Months reported
78
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-05-14
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 40 acres. The field rule took effect on 1999-11-02.

The Commission's schedule remark for this field reads: FIELD RULES ADOPTED PER DOC. NO. 04-73508 ARE HEREBY RESCINDED.

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

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
CondensateDisposition42 bbl$639
GasProduction83,932 Mcf$25,348
Total$25,987

73,468 Mcf of this lease's gas, across 46 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 26.7160, -98.2391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71601, -98.23908 · 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
16,200 ft
1 wells filed one
Completion to plug
18.5 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 16,200 ft.

Completions filed
May 1980
1 of 1 wells
Plug dates filed
Nov 1998
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21530960416,200 ftMay 1980Nov 1998Yes

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 (78)

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

78 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199914010.381.90$145
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199806711.301.91$128
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980212.802.31$5
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199701,51417.742.95$4,474
Aug 199701817.862.55$46
Jul 199701,23717.582.25$2,779
Jun 199701,42317.242.26$3,212
May 199701,41818.972.31$3,273
Apr 199701,43117.882.08$2,980
Mar 199701,34218.951.94$2,602
Feb 1997095520.492.21$2,107
Jan 199701,05723.483.54$3,741
Dec 199601,00423.32$0
Nov 199601,39921.97$0
Oct 199601,39423.31$0
Sep 199601,48922.22$0
Aug 199601,55020.26$0
Jul 199601,53019.55$0
Jun 199601,54118.73$0
May 199601,49319.43$0
Apr 199601,45421.51$0
Mar 199601,56219.38$0
Feb 1996099016.98$0
Jan 199601,00617.07$0
Dec 199501,03017.19$0
Nov 199501,14916.00$0
Oct 199501,43215.43$0
Sep 199501,66316.18$0
Aug 199501,49515.92$0
Jul 199501,49015.24$0
Jun 199501,46116.41$0
May 199501,53417.56$0
Apr 1995261,35117.73$461
Mar 199511,70516.44$16
Feb 199501,67816.58$0
Jan 199501,44115.92$0
Dec 199401,57915.03$0
Nov 199401,48415.90$0
Oct 199401,68815.58$0
Sep 199401,63015.29$0
Aug 199411,62816.13$16
Jul 199401,56717.56$0
Jun 199401,70217.09$0
May 199401,83015.88$0
Apr 199401,80414.14$0
Mar 199402,00312.46$0
Feb 199401,97512.50$0
Jan 199402,44412.66$0
Dec 199302,75512.33$0
Nov 199302,99414.49$0
Oct 199303,60215.85$0
Sep 1993058015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 199301,36416.79$0
May 199301,18917.68$0
Apr 1993054018.05$0
Mar 1993069318.14$0
Feb 199301,37517.90$0
Jan 199303,20116.93$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.

Jan 1999 — as filed, then multipliedworked
Condensate            14 bbl  × $ 10.38 =       $145
Gas                    0 Mcf  × $  1.90 =         $0

────────────────────────────────────────────────────
Month total                                     $145

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/88057 is the state's own key, not one this site invented.