KING RANCH STRATTON

Name: KING RANCH STRATTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 7820District 04Field 86508852OilCasinghead gasSave Export

Value, all time

$427 k

Jan 1993 – Apr 2006

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

160

no gaps in the span

Streams

oil, casinghead gas

The STRATTON (WARDNER WEST, C.) 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 2 leases and 13 wells, and the rule below applies to all of them.

Discovered

1971-04-11

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

The Commission's schedule remark for this field reads: “BASIC. - 3 MONTH BANK EFF 10-1-72”

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	17,242 bbl	$331,235
Casinghead gas	Production	46,438 Mcf	$95,678
Total			$426,913

19,805 Mcf of this lease's gas, across 39 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 (10)

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 27.6176, -97.9630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

27.61671, -97.96171 · 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%

10 of 10 wells

With a plug date

90.0%

9 of 10 wells

Median depth

6,780 ft

10 wells filed one

Completion to plug

6.0 years

median over 8 wells

What the state filed about each well

On the RRC proration schedule

10100.0%

A plug date is filed

990.0%

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

990.0%

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

Total depth in feet, 10 of 10 wells. Median 6,780 ft, with the middle half between 6,593 and 7,469 ft; the shallowest is 6,210 ft and the deepest 8,617 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 10 wells, Sep 1971 – Jun 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Sep 1971 – Jun 2013

8 of 10 wells; 2 filed none

Plug dates filed

Sep 1978 – Oct 2023

9 of 10 wells; 1 filed none

Last completion to plug: a median of 6.0 years across the 8 wells that filed both dates, with the middle half between 5.6 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells


42-27330163	A 55	7,700 ft	—	Sep 1978	Yes
42-27330200	A 65	6,750 ft	—	—	Yes
42-27332103	A 86	6,210 ft	Jun 2013	Oct 2023	Yes
42-27330147	A 47	6,800 ft	Aug 1991	Aug 1997	Yes
42-27301735	A 27 D	8,617 ft	Dec 1989	Sep 1991	Yes
42-27332076	A 83	6,541 ft	Nov 1986	Jun 1996	Yes
42-27330179	A 62 D	7,315 ft	Sep 1985	Aug 1991	Yes
42-27330231	A 72 F	7,520 ft	Aug 1985	Jul 1991	Yes
42-27330209	A 61	6,760 ft	Jul 1985	Mar 1990	Yes
42-27330207	A 63	6,466 ft	Sep 1971	Jan 1987	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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	1,830	56.70	7.08	$12,962
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	1	0	30.26	6.30	$30
Nov 2003	1	0	28.80	4.60	$29
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	1	0	26.31	4.75	$26
Aug 2003	2	0	29.76	5.13	$60
Jul 2003	7	0	29.41	5.17	$206
Jun 2003	17	32	28.56	5.98	$677
May 2003	62	8	26.59	5.97	$1,696
Apr 2003	133	216	26.67	5.41	$4,715
Mar 2003	87	379	31.14	6.10	$5,020
Feb 2003	126	411	33.48	7.93	$7,476
Jan 2003	186	517	30.31	5.58	$8,524
Dec 2002	168	141	26.91	4.85	$5,205
Nov 2002	162	428	24.66	4.14	$5,766
Oct 2002	172	391	26.46	4.23	$6,205
Sep 2002	145	53	27.44	3.64	$4,171
Aug 2002	126	47	25.96	3.16	$3,420
Jul 2002	124	44	24.58	3.06	$3,183
Jun 2002	113	53	23.73	3.34	$2,858
May 2002	122	56	24.66	3.58	$3,209
Apr 2002	115	42	23.65	3.51	$2,867
Mar 2002	122	43	22.00	3.10	$2,817
Feb 2002	112	38	18.22	2.38	$2,131
Jan 2002	127	42	17.17	2.38	$2,280
Dec 2001	120	40	16.93	2.36	$2,126
Nov 2001	98	322	18.07	2.41	$2,545
Oct 2001	105	84	19.78	2.53	$2,289
Sep 2001	97	242	24.26	2.25	$2,898
Aug 2001	104	268	24.87	3.05	$3,405
Jul 2001	120	727	23.93	3.20	$5,196
Jun 2001	110	313	24.56	3.82	$3,899
May 2001	112	230	25.52	4.31	$3,849
Apr 2001	114	274	24.68	5.34	$4,275
Mar 2001	110	339	24.54	5.38	$4,522
Feb 2001	106	369	27.75	5.77	$5,070
Jan 2001	118	389	27.47	8.40	$6,509
Dec 2000	115	371	26.88	9.12	$6,476
Nov 2000	108	629	32.21	5.66	$7,038
Oct 2000	113	671	31.23	5.15	$6,982
Sep 2000	121	628	31.87	5.19	$7,113
Aug 2000	162	713	29.64	4.54	$8,039
Jul 2000	162	465	28.53	4.09	$6,524
Jun 2000	156	590	29.30	4.40	$7,165
May 2000	163	637	27.26	3.68	$6,787
Apr 2000	161	654	24.51	3.12	$5,984
Mar 2000	156	40	28.42	2.86	$4,548
Feb 2000	149	0	27.62	2.73	$4,115
Jan 2000	127	0	25.27	2.48	$3,209
Dec 1999	119	0	24.28	2.42	$2,889
Nov 1999	121	0	23.19	2.43	$2,806
Oct 1999	120	0	20.98	2.80	$2,518
Sep 1999	127	0	21.75	2.62	$2,762
Aug 1999	125	0	19.26	2.88	$2,408
Jul 1999	129	0	17.89	2.37	$2,308
Jun 1999	129	0	15.94	2.36	$2,056
May 1999	33	594	15.79	2.32	$1,900
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	654	402	9.98	1.82	$7,258
Jan 1999	125	9,353	10.38	1.90	$19,068
Dec 1998	222	244	9.20	1.77	$2,475
Nov 1998	217	244	10.89	2.19	$2,896
Oct 1998	216	525	12.42	1.97	$3,717
Sep 1998	182	0	12.59	2.08	$2,291
Aug 1998	172	0	11.30	1.91	$1,944
Jul 1998	174	0	11.74	2.24	$2,043
Jun 1998	220	0	11.24	2.24	$2,473
May 1998	119	0	12.62	2.21	$1,502
Apr 1998	173	0	13.04	2.51	$2,256
Mar 1998	414	112	12.80	2.31	$5,558
Feb 1998	353	301	13.95	2.30	$5,616
Jan 1998	381	150	14.70	2.15	$5,924
Dec 1997	225	156	16.32	2.41	$4,048
Nov 1997	181	318	18.19	3.09	$4,274
Oct 1997	103	190	19.25	3.15	$2,581
Sep 1997	0	237	17.74	2.95	$700
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	142	0	17.58	2.25	$2,496
Jun 1997	46	41	17.24	2.26	$886
May 1997	104	0	18.97	2.31	$1,973
Apr 1997	128	0	17.88	2.08	$2,289
Mar 1997	143	0	18.95	1.94	$2,710
Feb 1997	195	0	20.49	2.21	$3,996
Jan 1997	190	0	23.48	3.54	$4,461
Dec 1996	169	36	23.32	—	$3,941
Nov 1996	138	405	21.97	—	$3,032
Oct 1996	113	813	23.31	—	$2,634
Sep 1996	160	340	22.22	—	$3,555
Aug 1996	164	559	20.26	—	$3,323
Jul 1996	168	551	19.55	—	$3,284
Jun 1996	207	593	18.73	—	$3,877
May 1996	227	864	19.43	—	$4,411
Apr 1996	124	526	21.51	—	$2,667
Mar 1996	141	241	19.38	—	$2,733
Feb 1996	148	305	16.98	—	$2,513
Jan 1996	174	686	17.07	—	$2,970
Dec 1995	165	643	17.19	—	$2,836
Nov 1995	169	311	16.00	—	$2,704
Oct 1995	168	733	15.43	—	$2,592
Sep 1995	168	244	16.18	—	$2,718
Aug 1995	187	253	15.92	—	$2,977
Jul 1995	214	35	15.24	—	$3,261
Jun 1995	208	204	16.41	—	$3,413
May 1995	156	111	17.56	—	$2,739
Apr 1995	154	71	17.73	—	$2,730
Mar 1995	100	319	16.44	—	$1,644
Feb 1995	75	0	16.58	—	$1,244
Jan 1995	92	824	15.92	—	$1,465
Dec 1994	55	921	15.03	—	$827
Nov 1994	77	863	15.90	—	$1,224
Oct 1994	88	928	15.58	—	$1,371
Sep 1994	90	719	15.29	—	$1,376
Aug 1994	97	455	16.13	—	$1,565
Jul 1994	91	366	17.56	—	$1,598
Jun 1994	119	631	17.09	—	$2,034
May 1994	75	532	15.88	—	$1,191
Apr 1994	106	1,433	14.14	—	$1,499
Mar 1994	237	1,457	12.46	—	$2,953
Feb 1994	0	1,828	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	36	0	15.46	—	$557
Jun 1993	201	1	16.79	—	$3,375
May 1993	77	1	17.68	—	$1,361
Apr 1993	37	0	18.05	—	$668
Mar 1993	131	1	18.14	—	$2,376
Feb 1993	388	1	17.90	—	$6,945
Jan 1993	328	1	16.93	—	$5,553

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 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 56.70 =         $0
Casinghead gas     1,830 Mcf  × $  7.08 =    $12,962

────────────────────────────────────────────────────
Month total                                  $12,962

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/7820 is the state's own key, not one this site invented.