KING RANCH SEELIGSON

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the T-C-B, E. (20-I-4, NE,3 ) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11377District 04Field 89946364NGPA filingOilCasinghead gasSaveExport
Value, all time
$696 k
Jan 1993 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
no gaps in the span
Streams
2
oil, casinghead 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 1 leases and 5 wells, and the rule below applies to all of them.

Discovered
1988-03-11
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA4none

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
OilDisposition37,369 bbl$642,351
Casinghead gasProduction54,813 Mcf$53,781
Total$696,132

33,427 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 (5)

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 27.4383, -97.9766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

27.43867, -97.97620 · 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%
5 of 5 wells
With a plug date
100.0%
5 of 5 wells
Median depth
7,500 ft
5 wells filed one
Completion to plug
23.5 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
5100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5100.0%
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

Between 7,470 and 7,520 ft, median 7,500 ft, over the 5 wells that filed a depth.

Completions filed
Mar 1988 – Sep 1990
5 of 5 wells
Plug dates filed
Mar 1993 – Mar 2012
5 of 5 wells

Last completion to plug: a median of 23.5 years across the 5 wells that filed both dates, with the middle half between 3.7 years and 23.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-27332156E1467,500 ftSep 1990Mar 1993Yes
42-27332129E1427,520 ftJul 1989Mar 1993Yes
42-27332118E1417,500 ftSep 1988Mar 2012Yes
42-27332110E1397,500 ftJul 1988Mar 2012Yes
42-27332099E1377,470 ftMar 1988Dec 2011Yes

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 (235)

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

235 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
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 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19991012.471.84$12
Feb 1999009.981.82$0
Jan 19996010.381.90$62
Dec 1998481,6359.201.77$3,341
Nov 1998201,51810.892.19$3,536
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
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 199753018.193.09$964
Oct 19973181,82219.253.15$11,860
Sep 19975122,74717.742.95$17,200
Aug 19975822,78617.862.55$17,512
Jul 199750272617.582.25$10,456
Jun 19974861,47617.242.26$11,710
May 19975431,92918.972.31$14,754
Apr 19976211,57317.882.08$14,380
Mar 19975821,33518.951.94$13,618
Feb 19974311,70920.492.21$12,601
Jan 19976422,13023.483.54$22,614
Dec 19967432,35423.32$17,327
Nov 19966712,97421.97$14,742
Oct 19967142,30023.31$16,643
Sep 19965562,06822.22$12,354
Aug 19961,1011,12520.26$22,306
Jul 199651389919.55$10,029
Jun 199657939718.73$10,845
May 199633915419.43$6,587
Apr 199632438021.51$6,969
Mar 199633239619.38$6,434
Feb 199627087916.98$4,585
Jan 199635198617.07$5,992
Dec 199533095317.19$5,673
Nov 19953081,04116.00$4,928
Oct 199537987315.43$5,848
Sep 199540949716.18$6,618
Aug 199535879115.92$5,699
Jul 199550484615.24$7,681
Jun 19953911,03916.41$6,416
May 199564040517.56$11,238
Apr 199530928617.73$5,479
Mar 199570236616.44$11,541
Feb 199553445316.58$8,854
Jan 199576737615.92$12,211
Dec 19947671915.03$11,528
Nov 19946952515.90$11,051
Oct 199463518615.58$9,893
Sep 19945773815.29$8,822
Aug 19946261,71916.13$10,097
Jul 19945912,08317.56$10,378
Jun 19945521117.09$9,434
May 19945677415.88$9,004
Apr 19946851414.14$9,686
Mar 19947635012.46$9,507
Feb 19945491,99312.50$6,863
Jan 19948188512.66$10,356
Dec 19939181012.33$11,319
Nov 199380559114.49$11,664
Oct 19931,03410515.85$16,389
Sep 19939925515.03$14,910
Aug 19939754215.66$15,269
Jul 19936972915.46$10,776
Jun 199383349816.79$13,986
May 19931,0252617.68$18,122
Apr 19931,36543418.05$24,638
Mar 19931,4851,11618.14$26,938
Feb 19931,0036517.90$17,954
Jan 19939411,32116.93$15,931

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.

Mar 1999 — as filed, then multipliedworked
Oil                    1 bbl  × $ 12.47 =        $12
Casinghead gas         0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                      $12

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/O/11377 is the state's own key, not one this site invented.