KING RANCH LAGUNA LARGA

Name: KING RANCH LAGUNA LARGA lease production and value, Aug 2013 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 13872District 04Field 89945105OilCasinghead gasSave Export

Value, all time

$1.4 M

Aug 2013 – May 2021

Value, last 12 filed months

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The T-C-B (VXBG CONSOLIDATED) field

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 154 leases and 160 wells, and the rule below applies to all of them.

Discovered

2011-05-24

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 40 acres. The field rule took effect on 2011-06-01.

The Commission's schedule remark for this field reads: “INTO THIS FIELD. EFF DATE IS 02/01/14.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	11,447 bbl	$687,412
Casinghead gas	Production	229,248 Mcf	$744,271
Total			$1,431,683

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 27.3228, -98.0151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.32282, -98.01507 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,580 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,580 ft.

Completions filed

May 2020

1 of 1 wells

1 well


42-27332273	1071	12,580 ft	May 2020	—	Yes

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 (94)

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

94 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	14	2,155	14.75	1.80	$4,095
Mar 2020	177	2,414	30.34	1.86	$9,851
Feb 2020	165	2,347	49.88	1.98	$12,879
Jan 2020	152	2,512	57.25	2.09	$13,964
Dec 2019	140	2,174	59.01	2.30	$13,271
Nov 2019	134	2,264	55.30	2.75	$13,638
Oct 2019	145	2,236	53.47	2.42	$13,161
Sep 2019	58	2,300	55.05	2.66	$9,305
Aug 2019	41	2,372	53.11	2.30	$7,643
Jul 2019	46	2,303	56.27	2.46	$8,254
Jun 2019	42	2,199	52.78	2.49	$7,695
May 2019	46	2,227	58.48	2.74	$8,793
Apr 2019	33	2,043	62.63	2.75	$7,686
Mar 2019	59	2,010	56.80	3.06	$9,506
Feb 2019	58	2,071	50.85	2.79	$8,732
Jan 2019	67	2,226	46.03	3.23	$10,270
Dec 2018	65	2,303	46.59	4.19	$12,667
Nov 2018	85	2,476	52.93	4.24	$14,990
Oct 2018	65	2,486	61.44	3.40	$12,441
Sep 2018	92	2,412	59.54	3.11	$12,974
Aug 2018	143	2,565	59.40	3.07	$16,360
Jul 2018	79	2,670	65.14	2.93	$12,974
Jun 2018	71	1,553	60.18	3.08	$9,051
May 2018	128	2,550	65.38	2.90	$15,766
Apr 2018	138	2,505	63.84	2.90	$16,076
Mar 2018	72	2,619	61.22	2.79	$11,707
Feb 2018	109	2,403	61.78	2.77	$13,381
Jan 2018	126	2,646	62.87	4.01	$18,530
Dec 2017	132	2,547	57.27	2.92	$15,001
Nov 2017	127	2,451	55.42	3.12	$14,681
Oct 2017	160	2,782	49.29	2.98	$16,187
Sep 2017	170	2,794	47.52	3.09	$16,704
Aug 2017	182	2,882	45.37	3.00	$16,916
Jul 2017	189	2,967	43.87	3.09	$17,451
Jun 2017	179	2,891	42.49	3.09	$16,531
May 2017	172	2,937	45.37	3.26	$17,388
Apr 2017	174	2,962	47.93	3.21	$17,853
Mar 2017	157	2,919	46.77	2.98	$16,052
Feb 2017	108	2,439	50.45	2.95	$12,650
Jan 2017	145	2,693	49.41	3.42	$16,371
Dec 2016	127	2,712	48.76	3.72	$16,289
Nov 2016	143	2,673	42.49	2.64	$13,144
Oct 2016	128	2,512	46.19	3.09	$13,675
Sep 2016	128	2,467	41.55	3.10	$12,968
Aug 2016	73	1,634	41.44	2.92	$7,803
Jul 2016	70	1,492	41.62	2.92	$7,277
Jun 2016	126	2,711	45.35	2.69	$12,995
May 2016	170	2,784	42.52	1.99	$12,771
Apr 2016	175	2,550	36.56	1.99	$11,475
Mar 2016	177	2,712	33.01	1.79	$10,708
Feb 2016	203	2,569	26.47	2.06	$10,675
Jan 2016	181	2,661	27.35	2.36	$11,242
Dec 2015	204	2,813	32.36	2.00	$12,231
Nov 2015	190	2,687	38.79	2.17	$13,194
Oct 2015	165	2,883	43.55	2.43	$14,182
Sep 2015	187	2,340	42.99	2.76	$14,494
Aug 2015	168	2,379	40.16	2.87	$13,581
Jul 2015	163	2,160	48.15	2.95	$14,210
Jun 2015	179	2,597	56.15	2.88	$17,538
May 2015	214	2,935	55.21	2.96	$20,489
Apr 2015	201	3,126	49.82	2.71	$18,475
Mar 2015	159	3,406	42.89	2.93	$16,815
Feb 2015	122	2,878	44.66	2.98	$14,014
Jan 2015	150	2,254	43.43	3.10	$13,503
Dec 2014	155	3,217	54.69	3.59	$20,030
Nov 2014	162	3,232	70.46	4.25	$25,156
Oct 2014	181	3,689	78.30	3.90	$28,563
Sep 2014	161	3,764	86.16	4.05	$29,099
Aug 2014	93	2,100	89.39	4.04	$16,787
Jul 2014	18	115	96.56	4.18	$2,219
Jun 2014	157	3,058	98.16	4.74	$29,897
May 2014	194	3,678	94.73	4.73	$35,762
Apr 2014	182	3,912	95.94	4.81	$36,274
Mar 2014	214	3,752	95.89	5.06	$39,494
Feb 2014	76	2,628	97.40	6.19	$23,675
Jan 2014	80	3,612	90.40	4.86	$24,789
Dec 2013	110	7,786	91.82	4.35	$44,004
Nov 2013	109	3,355	88.85	3.74	$22,227
Oct 2013	666	6,970	97.42	3.78	$91,224
Sep 2013	641	14,064	104.11	3.72	$119,021
Aug 2013	0	76	104.25	3.52	$268

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.

Apr 2020 — as filed, then multipliedworked

Oil                   14 bbl  × $ 14.75 =       $207
Casinghead gas     2,155 Mcf  × $  1.80 =     $3,888

────────────────────────────────────────────────────
Month total                                   $4,095

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/13872 is the state's own key, not one this site invented.