KING RANCH STRATTON

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the STRATTON (7100, T-5) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8402District 04Field 86508943OilCasinghead gasSaveExport
Value, all time
$430 k
Jan 1993 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
230
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 4 wells, and the rule below applies to all of them.

Discovered
1974-09-01
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
OilDisposition23,401 bbl$416,773
Casinghead gasProduction6,989 Mcf$13,187
Total$429,959

2,446 Mcf of this lease's gas, across 45 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 (4)

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 27.5698, -97.9304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

27.57021, -97.93058 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
7,425 ft
4 wells filed one
Completion to plug
10.0 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 7,145 and 7,700 ft, median 7,425 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1974 – Aug 2004
4 of 4 wells
Plug dates filed
Feb 1984 – Feb 2012
4 of 4 wells

Last completion to plug: a median of 10.0 years across the 4 wells that filed both dates, with the middle half between 8.9 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-27330287P239 F7,400 ftAug 2004Nov 2011Yes
42-27330409P244 D7,450 ftJun 1997Feb 2012Yes
42-27330357P242 F7,145 ftJun 1981Jan 1992Yes
42-27300309P 81 T7,700 ftSep 1974Feb 1984Yes

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 (230)

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

230 months

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 20021023.733.34$24
May 20024024.663.58$99
Apr 200224623.653.51$589
Mar 200216022.003.10$352
Feb 2002774418.222.38$1,507
Jan 20021036817.172.38$1,930
Dec 2001976716.932.36$1,801
Nov 2001846318.072.41$1,669
Oct 20011026819.782.53$2,190
Sep 2001946724.262.25$2,431
Aug 2001929424.873.05$2,575
Jul 20011039423.933.20$2,765
Jun 20019523024.563.82$3,213
May 2001979325.524.31$2,876
Apr 2001949024.685.34$2,800
Mar 2001565724.545.38$1,681
Feb 2001521827.755.77$1,547
Jan 20011183427.478.40$3,527
Dec 20001163326.889.12$3,419
Nov 20001083032.215.66$3,648
Oct 20001143331.235.15$3,730
Sep 20001164031.875.19$3,904
Aug 200019010329.644.54$6,099
Jul 20001905928.534.09$5,662
Jun 20001825629.304.40$5,579
May 20001915927.263.68$5,424
Apr 200018817624.513.12$5,156
Mar 20001815828.422.86$5,310
Feb 20001807327.622.73$5,171
Jan 20001917625.272.48$5,015
Dec 19991787524.282.42$4,504
Nov 19991827123.192.43$4,393
Oct 19991796020.982.80$3,924
Sep 19991906121.752.62$4,292
Aug 19991886119.262.88$3,796
Jul 19991915117.892.37$3,538
Jun 19991705415.942.36$2,837
May 199932015.792.32$505
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19995471479.981.82$5,726
Jan 199910314210.381.90$1,339
Dec 1998185549.201.77$1,798
Nov 19981815410.892.19$2,089
Oct 199818012712.421.97$2,486
Sep 19981655912.592.08$2,200
Aug 19982197411.301.91$2,616
Jul 199822110211.742.24$2,823
Jun 199827910411.242.24$3,369
May 19981526912.622.21$2,070
Apr 19981845613.042.51$2,540
Mar 19981836112.802.31$2,483
Feb 19981947713.952.30$2,883
Jan 19981676614.702.15$2,597
Dec 19972648116.322.41$4,504
Nov 19973257718.193.09$6,150
Oct 19975727419.253.15$11,244
Sep 19977475917.742.95$13,426
Aug 19978952517.862.55$16,049
Jul 19975294117.582.25$9,392
Jun 199721737817.242.26$4,594
May 19972565318.972.31$4,979
Apr 199727910417.882.08$5,205
Mar 19972505718.951.94$4,848
Feb 19972295020.492.21$4,803
Jan 19971683023.483.54$4,051
Dec 19961523023.32$3,545
Nov 19961253321.97$2,746
Oct 19961102723.31$2,564
Sep 19961572722.22$3,489
Aug 19961622620.26$3,282
Jul 199621311619.55$4,164
Jun 19961145018.73$2,135
May 19961274319.43$2,468
Apr 1996788421.51$1,678
Mar 19961532119.38$2,965
Feb 19961561916.98$2,649
Jan 19962442417.07$4,165
Dec 19952341717.19$4,022
Nov 19952521716.00$4,032
Oct 19952341515.43$3,611
Sep 19952131916.18$3,446
Aug 19952343115.92$3,725
Jul 19952712215.24$4,130
Jun 19952748016.41$4,496
May 19952304117.56$4,039
Apr 19952432017.73$4,308
Mar 19952656416.44$4,357
Feb 1995322016.58$5,339
Jan 1995354015.92$5,636
Dec 1994246015.03$3,697
Nov 19942703015.90$4,293
Oct 1994273315.58$421
Sep 1994335315.29$5,122
Aug 1994166716.13$2,678
Jul 1994243117.56$4,267
Jun 1994324117.09$5,537
May 1994206115.88$3,271
Apr 19942242614.14$3,167
Mar 1994283112.46$3,526
Feb 1994204112.50$2,550
Jan 1994325112.66$4,115
Dec 1993321112.33$3,958
Nov 1993252114.49$3,651
Oct 19932601415.85$4,121
Sep 199318317215.03$2,750
Aug 199332127615.66$5,027
Jul 199331410115.46$4,854
Jun 199339311516.79$6,598
May 19932694517.68$4,756
Apr 1993267618.05$4,819
Mar 1993267118.14$4,843
Feb 199328640017.90$5,119
Jan 199324138316.93$4,080

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.

Jun 2002 — as filed, then multipliedworked
Oil                    1 bbl  × $ 23.73 =        $24
Casinghead gas         0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                      $24

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/8402 is the state's own key, not one this site invented.