KING RANCH BORREGOS

Operated by EOG RESOURCES, INC. (P-5 253162) in the ESCONDIDO CREEK (20-I-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8950District 04Field 29305500NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – Sep 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
393
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 7 wells, and the rule below applies to all of them.

Discovered
1977-08-01
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

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
NGPA3none

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
OilDisposition85,744 bbl$3,226,425
Casinghead gasProduction101,757 Mcf$259,265
Total$3,485,690

27,108 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 (7)

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 27.4635, -97.9351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

27.46423, -97.93524 · 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%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
7,650 ft
7 wells filed one
Completion to plug
12.3 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
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 7,560 and 8,575 ft, median 7,650 ft, over the 7 wells that filed a depth.

Completions filed
Dec 1977 – Oct 2014
5 of 7 wells; 2 filed none
Plug dates filed
Jul 1980 – Aug 2025
7 of 7 wells

Last completion to plug: a median of 12.3 years across the 5 wells that filed both dates, with the middle half between 9.9 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-27331164M 9ED8,042 ftDec 1982Yes
42-27331178M 10 E7,650 ftJul 1980Yes
42-27332640M908E7,651 ftOct 2014Jul 2019Yes
42-27332594M854E7,644 ftMay 2013Aug 2025Yes
42-27332089M 49 E8,575 ftJun 1990Mar 2021Yes
42-27331281M 18 E7,597 ftDec 1978Nov 1988Yes
42-27331194M 13 E7,560 ftDec 1977Oct 2006Yes

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 (393)

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

393 months

Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20198053.472.42$428
Sep 201912612055.052.66$7,255
Aug 201940974653.112.30$23,441
Jul 201941376756.272.46$25,126
Jun 201934492652.782.49$20,463
May 201931428158.482.74$19,133
Apr 201921719862.632.75$14,135
Mar 20191056.803.06$57
Feb 201912750.852.79$630
Jan 201911510646.033.23$5,636
Dec 201833157446.594.19$17,824
Nov 201830164252.934.24$18,652
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20171046.772.98$47
Feb 201712250.452.95$611
Jan 2017824549.413.42$4,205
Dec 201613424448.763.72$7,442
Nov 20161134442.492.64$4,918
Oct 20161265846.193.09$5,999
Sep 20161101641.553.10$4,620
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201613433.011.79$436
Feb 201612538226.472.06$4,097
Jan 201616150427.352.36$5,595
Dec 201522749732.362.00$8,340
Nov 201515233338.792.17$6,618
Oct 201543868643.552.43$20,740
Sep 201547698942.992.76$23,191
Aug 20155901,44540.162.87$27,845
Jul 20151,0013,63448.152.95$58,901
Jun 20157771,21456.152.88$47,128
May 201550358855.212.96$29,508
Apr 201547753449.822.71$25,209
Mar 201551658942.892.93$23,860
Feb 201544931444.662.98$20,987
Jan 201553076943.433.10$25,402
Dec 201450840254.693.59$29,226
Nov 201447639670.464.25$35,223
Oct 201423040878.303.90$19,601
Sep 201458073486.164.05$52,942
Aug 201433643189.394.04$31,774
Jul 20141383096.564.18$13,451
Jun 20141,1151,19798.164.74$115,118
May 20141,3272,18094.734.73$136,011
Apr 20141,1144,29595.944.81$127,532
Mar 20141,3013,53395.895.06$142,619
Feb 20141,2132,12097.406.19$131,273
Jan 201465981890.404.86$63,550
Dec 201313091.824.35$1,194
Nov 20137232,25588.853.74$72,668
Oct 20131,0213,19397.423.78$111,533
Sep 2013546435104.113.72$58,461
Aug 2013509567104.253.52$55,061
Jul 20131,5722,030102.523.72$168,708
Jun 20132,5595,04894.403.93$261,425
May 20133,2467,29794.834.15$338,094
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
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 20005032.215.66$161
Oct 200030031.235.15$937
Sep 200011115431.875.19$4,336
Aug 20002354729.644.54$7,179
Jul 200029326328.534.09$9,435
Jun 20002746129.304.40$8,296
May 20003056327.263.68$8,546
Apr 200012066024.513.12$4,998
Mar 20004338428.422.86$12,546
Feb 20003848227.622.73$10,830
Jan 200052665725.272.48$14,922
Dec 19994628624.282.42$11,426
Nov 19994268823.192.43$10,093
Oct 199964116220.982.80$13,902
Sep 199981921.752.62$1,785
Aug 19993186519.262.88$6,312
Jul 19994119017.892.37$7,566
Jun 199938910115.942.36$6,439
May 199943310915.792.32$7,090
Apr 199943612115.102.21$6,851
Mar 19993128112.471.84$4,040
Feb 1999359939.981.82$3,752
Jan 199946613810.381.90$5,099
Dec 19985391269.201.77$5,182
Nov 199851514310.892.19$5,921
Oct 199853713512.421.97$6,935
Sep 19984821,31212.592.08$8,801
Aug 19984371,57311.301.91$7,938
Jul 19983872,24711.742.24$9,571
Jun 19983682,06211.242.24$8,750
May 19984852,48812.622.21$11,610
Apr 19983991,63413.042.51$9,297
Mar 199859214612.802.31$7,915
Feb 199858515213.952.30$8,510
Jan 199858037614.702.15$9,336
Dec 19979435916.322.41$2,400
Nov 199767622818.193.09$13,001
Oct 199754716019.253.15$11,034
Sep 199746231917.742.95$9,138
Aug 19973266617.862.55$5,991
Jul 199751231717.582.25$9,713
Jun 199750912517.242.26$9,057
May 19971511,15318.972.31$5,526
Apr 19973261,28517.882.08$8,505
Mar 199755512818.951.94$10,765
Feb 199749012620.492.21$10,318
Jan 199764414823.483.54$15,645
Dec 199666193423.32$15,415
Nov 199629316221.97$6,437
Oct 199656632223.31$13,193
Sep 19964152,54422.22$9,221
Aug 19963938020.26$7,962
Jul 19965059319.55$9,873
Jun 199666859418.73$12,512
May 199669012419.43$13,407
Apr 199658811021.51$12,648
Mar 199663313219.38$12,268
Feb 199661414816.98$10,426
Jan 199670115317.07$11,966
Dec 199565814417.19$11,311
Nov 199562314616.00$9,968
Oct 199566115515.43$10,199
Sep 199563614716.18$10,290
Aug 199563210215.92$10,061
Jul 19956588915.24$10,028
Jun 19956448816.41$10,568
May 19957279317.56$12,766
Apr 19956409017.73$11,347
Mar 199587488716.44$14,369
Feb 199566359416.58$10,993
Jan 19957651,27615.92$12,179
Dec 19948871,34915.03$13,332
Nov 19941,0011,19015.90$15,916
Oct 19948848115.58$13,773
Sep 199489457115.29$13,669
Aug 199495149016.13$15,340
Jul 199486535917.56$15,189
Jun 199478124017.09$13,347
May 199465724015.88$10,433
Apr 199495982514.14$13,560
Mar 199489781712.46$11,177
Feb 199479060612.50$9,875
Jan 19941,1551,46512.66$14,622
Dec 19931,2771,42912.33$15,745
Nov 19931,03093014.49$14,925
Oct 19931,13958215.85$18,053
Sep 19931,03360015.03$15,526
Aug 199395764315.66$14,987
Jul 199393591015.46$14,455
Jun 19931,0221,02416.79$17,159
May 199392947417.68$16,425
Apr 19931,09151018.05$19,693
Mar 19931,30986318.14$23,745
Feb 199392156617.90$16,486
Jan 19931,0341,13716.93$17,506

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.

Oct 2019 — as filed, then multipliedworked
Oil                    8 bbl  × $ 53.47 =       $428
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                     $428

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/8950 is the state's own key, not one this site invented.