KING RANCH CANELO
KING RANCH CANELO is a Texas gas lease in Kleberg County, Railroad Commission district 04, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 3,021,115 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.2M, with roughly $204K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 5,124 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 69,173 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about KING RANCH CANELO
- Who operates KING RANCH CANELO?
- KING RANCH CANELO is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is KING RANCH CANELO?
- KING RANCH CANELO is a Texas gas lease in Kleberg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 264858.
- Is KING RANCH CANELO still producing?
- KING RANCH CANELO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING RANCH CANELO is August 2026.
- How much has KING RANCH CANELO produced?
- KING RANCH CANELO has reported 3,021,115 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
- How much is KING RANCH CANELO worth?
- The remaining production from KING RANCH CANELO is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $973K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING RANCH CANELO is a fraction of it. The estimate fits an Arps decline curve to the production KING RANCH CANELO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING RANCH CANELO is an estimate of value, not an offer and not an appraisal.
- How much income does KING RANCH CANELO generate in a year?
- KING RANCH CANELO is forecast to net about $204K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KING RANCH CANELO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | KR\Boa (VX Cons.) |
| County | Kleberg County, Texas |
| RRC district | 04 |
| Lease number | 264858 |
| Wellbores | 1 |
| Reported production | 3,021,115 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where KING RANCH CANELO sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.