KING RANCH SEELIGSON

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the T-C-B, E (20-I-4, NE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9388District 04Field 89946361NGPA filingOilCasinghead gasSaveExport
Value, all time
$286 k
Jan 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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 2 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-08-17
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
NGPA5none

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
OilDisposition14,290 bbl$233,124
Casinghead gasProduction43,142 Mcf$53,049
Total$286,173

19,007 Mcf of this lease's gas, across 22 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 (9)

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 27.4190, -97.9839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

27.41945, -97.98477 · 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%
9 of 9 wells
With a plug date
100.0%
9 of 9 wells
Median depth
7,609 ft
9 wells filed one
Completion to plug
12.8 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
9100.0%
A plug date is filed
9100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
9100.0%
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, 9 of 9 wells. Median 7,609 ft, with the middle half between 7,550 and 7,650 ft; the shallowest is 7,521 ft and the deepest 7,700 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, 9 of 9 wells, Aug 1979 – Jan 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1979 – Jan 1997
9 of 9 wells
Plug dates filed
May 1992 – May 2026
9 of 9 wells

Last completion to plug: a median of 12.8 years across the 9 wells that filed both dates, with the middle half between 11.3 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-27332148E1437,560 ftJan 1997Mar 2012Yes
42-27331852E1237,521 ftSep 1995Jan 2007Yes
42-27332119E1367,540 ftSep 1995May 2026Yes
42-27332136E1337,609 ftJun 1989Sep 2000Yes
42-27331825E1207,700 ftApr 1989Feb 1993Yes
42-27331548E1097,630 ftMay 1981May 2006Yes
42-27331487E1117,550 ftAug 1980Apr 1993Yes
42-27331401E1077,650 ftOct 1979Mar 1993Yes
42-27331376E1047,675 ftAug 1979May 1992Yes

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 (233)

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

233 months

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 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20001027.263.68$27
Apr 20001024.513.12$25
Mar 20001028.422.86$28
Feb 20005027.622.73$138
Jan 20007025.272.48$177
Dec 199931024.282.42$753
Nov 199916023.192.43$371
Oct 199918020.982.80$378
Sep 199960021.752.62$1,305
Aug 19992422,59719.262.88$12,129
Jul 199920290317.892.37$5,756
Jun 19999261215.942.36$2,912
May 19998190315.792.32$3,375
Apr 19999682715.102.21$3,276
Mar 1999901,56112.471.84$3,992
Feb 19991161,3949.981.82$3,692
Jan 199914493310.381.90$3,267
Dec 19981387609.201.77$2,617
Nov 199823267110.892.19$3,993
Oct 19981795,01812.421.97$12,105
Sep 199832343112.592.08$4,964
Aug 19985744411.301.91$1,491
Jul 199841050511.742.24$5,943
Jun 199821859911.242.24$3,790
May 199813470212.622.21$3,240
Apr 19983431,07013.042.51$7,153
Mar 19982721,42312.802.31$6,768
Feb 199833238013.952.30$5,505
Jan 199840747114.702.15$6,998
Dec 199712522416.322.41$2,580
Nov 1997461318.193.09$877
Oct 199711746719.253.15$3,723
Sep 199720017.742.95$355
Aug 199727017.862.55$482
Jul 199715017.582.25$264
Jun 1997212017.242.26$3,655
May 1997135018.972.31$2,561
Apr 199737961917.882.08$8,066
Mar 199749857018.951.94$10,542
Feb 199785020.492.21$1,742
Jan 19971973823.483.54$4,760
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19967022.22$156
Aug 19961067620.26$203
Jul 19961711519.55$332
Jun 19969318.73$169
May 19962055319.43$389
Apr 19961443821.51$301
Mar 1996179919.38$329
Feb 19962361716.98$391
Jan 19965735117.07$973
Dec 199535463017.19$6,085
Nov 19953461,13016.00$5,536
Oct 199531277815.43$4,814
Sep 199528548716.18$4,611
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199312325312.33$1,517
Nov 199323145014.49$3,347
Oct 19930015.85$0
Sep 19930015.03$0
Aug 199310915815.66$1,707
Jul 199320262115.46$3,123
Jun 199315939916.79$2,670
May 199340798717.68$7,196
Apr 19935531,06418.05$9,982
Mar 19939941,61918.14$18,031
Feb 19931,9434,07117.90$34,780
Jan 19931,9943,50816.93$33,758

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.

May 2000 — as filed, then multipliedworked
Oil                    1 bbl  × $ 27.26 =        $27
Casinghead gas         0 Mcf  × $  3.68 =         $0

────────────────────────────────────────────────────
Month total                                      $27

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/9388 is the state's own key, not one this site invented.