KING RANCH WEST BORREGOS

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the BORREGOS, WEST (FRIO 37) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12387District 04Field 10736010OilCasinghead gasSaveExport
Value, all time
$531 k
Feb 1994 – May 2011
Value, last 12 filed months
$942
at the published price for each month
Months reported
208
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 1 wells, and the rule below applies to all of them.

Discovered
1994-02-12
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

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
OilDisposition25,470 bbl$468,645
Casinghead gasProduction32,047 Mcf$62,284
Total$530,929

12,730 Mcf of this lease's gas, across 29 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 27.5326, -98.0619. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.53257, -98.06190 · 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
6,650 ft
1 wells filed one
Completion to plug
17.4 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 6,650 ft.

Completions filed
Aug 1993
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 17.4 years across the 1 well that filed both dates, with the middle half between 17.4 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932213R 166,650 ftAug 1993Jan 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 (208)

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

208 months

May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201111085.644.18$942
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 200565055.697.84$3,620
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 20043043.245.28$130
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 20027022.003.10$154
Feb 200220018.222.38$364
Jan 200213017.172.38$223
Dec 200113016.932.36$220
Nov 200135018.072.41$632
Oct 200147019.782.53$930
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 200145023.933.20$1,077
Jun 20011733324.563.82$4,375
May 20011813525.524.31$4,770
Apr 200117092424.685.34$9,125
Mar 200123466724.545.38$9,328
Feb 20011721,00927.755.77$10,592
Jan 200125561827.478.40$12,195
Dec 200011070926.889.12$9,425
Nov 20002105732.215.66$7,087
Oct 20001815431.235.15$5,930
Sep 20001745531.875.19$5,831
Aug 20002383629.644.54$7,218
Jul 20001182428.534.09$3,465
Jun 20001797429.304.40$5,570
May 200025025827.263.68$7,764
Apr 200021957924.513.12$7,172
Mar 20002455828.422.86$7,129
Feb 20003054227.622.73$8,539
Jan 20002542825.272.48$6,488
Dec 1999228324.282.42$5,543
Nov 1999194023.192.43$4,499
Oct 1999248620.982.80$5,220
Sep 1999382021.752.62$879
Aug 19991034919.262.88$2,125
Jul 199928223717.892.37$5,607
Jun 199922324215.942.36$4,126
May 199923029415.792.32$4,314
Apr 19992463215.102.21$3,785
Mar 19992383012.471.84$3,023
Feb 19992041199.981.82$2,252
Jan 199926181310.381.90$4,254
Dec 1998257439.201.77$2,441
Nov 199832345410.892.19$4,510
Oct 19983202,28412.421.97$8,472
Sep 19983391,86412.592.08$8,150
Aug 19982761,88311.301.91$6,710
Jul 19983019311.742.24$3,742
Jun 199830815911.242.24$3,818
May 199835425012.622.21$5,019
Apr 199820810313.042.51$2,970
Mar 199840266812.802.31$6,688
Feb 19982376813.952.30$3,462
Jan 199836415014.702.15$5,674
Dec 19973587116.322.41$6,014
Nov 199736179318.193.09$9,016
Oct 19973676819.253.15$7,279
Sep 199726624817.742.95$5,452
Aug 19972134617.862.55$3,922
Jul 199720320917.582.25$4,038
Jun 199740549117.242.26$8,090
May 199737549918.972.31$8,266
Apr 199742867917.882.08$9,067
Mar 199747911018.951.94$9,290
Feb 199748831920.492.21$10,703
Jan 199753466023.483.54$14,875
Dec 199661341023.32$14,295
Nov 199642242921.97$9,271
Oct 199626174423.31$6,084
Sep 199623779822.22$5,266
Aug 199622886120.26$4,619
Jul 199634843919.55$6,803
Jun 199616841018.73$3,147
May 199629814619.43$5,790
Apr 19963949721.51$8,475
Mar 19961152,76119.38$2,229
Feb 19962873816.98$4,873
Jan 199613273717.07$2,253
Dec 19953422717.19$5,879
Nov 199526817816.00$4,288
Oct 199530152515.43$4,644
Sep 199523735516.18$3,835
Aug 199535926915.92$5,715
Jul 199530018115.24$4,572
Jun 19953677016.41$6,022
May 199525020917.56$4,390
Apr 199529827117.73$5,284
Mar 1995296016.44$4,866
Feb 199599016.58$1,641
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994138015.58$2,150
Sep 1994603915.29$9,220
Aug 19940116.13$0
Jul 1994425117.56$7,463
Jun 1994490117.09$8,374
May 19946156115.88$9,766
Apr 19947831,07414.14$11,072
Mar 19941,2081,03712.46$15,052
Feb 1994059112.50$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 2011 — as filed, then multipliedworked
Oil                   11 bbl  × $ 85.64 =       $942
Casinghead gas         0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                     $942

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/12387 is the state's own key, not one this site invented.