KING GAS UNIT

Name: KING GAS UNIT lease production and value, Jan 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the HULL, SOUTH (YEGUA, MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181185District 03Field 43385750CondensateGasSave Export

Value, all time

$7.6 M

Jan 2001 – Jan 2015

Value, last 12 filed months

at the published price for each month

Months reported

169

no gaps in the span

Streams

condensate, gas

The HULL, SOUTH (YEGUA, MIDDLE) 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 2 wells, and the rule below applies to all of them.

Discovered

1975-11-10

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “FLD. RULES ADOPTED PER DOCKET NO. 3-66,006”

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
Condensate	Disposition	8,691 bbl	$407,435
Gas	Production	1,181,648 Mcf	$7,233,477
Total			$7,640,911

Wells on this lease (1)

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 30.0898, -94.6090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08978, -94.60903 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,170 ft

1 wells filed one

Completion to plug

14.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 9,170 ft.

Completions filed

Jan 2001

1 of 1 wells

Plug dates filed

Jan 2015

1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29132374	1	9,170 ft	Jan 2001	Jan 2015	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 (169)

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

169 months


Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	111	0	70.36	4.91	$7,810
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	982	81.69	4.12	$4,048
Mar 2010	0	843	78.39	4.39	$3,700
Feb 2010	0	1,959	73.58	5.44	$10,662
Jan 2010	173	3,618	74.36	5.96	$34,442
Dec 2009	0	3,960	71.44	5.48	$21,716
Nov 2009	0	3,028	74.59	3.75	$11,360
Oct 2009	0	2,430	72.54	4.11	$9,988
Sep 2009	0	3,759	65.54	3.06	$11,520
Aug 2009	186	4,106	67.42	3.22	$25,755
Jul 2009	0	4,043	61.13	3.46	$14,007
Jun 2009	0	3,682	66.16	3.90	$14,341
May 2009	0	4,667	54.74	3.93	$18,321
Apr 2009	184	4,174	46.77	3.59	$23,580
Mar 2009	0	4,137	42.14	4.06	$16,792
Feb 2009	0	3,730	32.81	4.63	$17,281
Jan 2009	188	4,126	35.86	5.37	$28,902
Dec 2008	0	3,797	37.10	5.98	$22,695
Nov 2008	0	3,753	55.49	6.86	$25,747
Oct 2008	0	6,394	75.24	6.92	$44,259
Sep 2008	153	2,188	101.76	7.88	$32,804
Aug 2008	0	6,659	114.22	8.48	$56,488
Jul 2008	0	9,034	131.08	11.39	$102,892
Jun 2008	168	8,103	131.33	13.03	$127,667
May 2008	0	7,800	123.17	11.57	$90,279
Apr 2008	0	7,432	110.31	10.45	$77,701
Mar 2008	0	1,288	101.90	9.66	$12,447
Feb 2008	189	4,144	92.53	8.77	$53,833
Jan 2008	0	9,639	90.38	8.21	$79,095
Dec 2007	168	9,785	88.33	7.30	$86,289
Nov 2007	0	8,872	91.67	7.29	$64,692
Oct 2007	0	9,876	82.85	6.92	$68,361
Sep 2007	176	10,609	75.84	6.24	$79,592
Aug 2007	0	12,039	69.06	6.39	$76,904
Jul 2007	0	11,509	70.90	6.39	$73,519
Jun 2007	174	11,316	62.00	7.55	$96,206
May 2007	0	12,695	58.74	7.85	$99,609
Apr 2007	203	11,461	59.61	7.81	$101,556
Mar 2007	0	12,124	56.92	7.30	$88,529
Feb 2007	188	10,949	55.10	8.22	$100,316
Jan 2007	0	10,308	50.30	6.73	$69,340
Dec 2006	187	8,424	56.65	6.92	$68,874
Nov 2006	0	10,109	54.20	7.62	$77,005
Oct 2006	0	9,249	54.90	6.01	$55,622
Sep 2006	189	8,975	60.08	5.04	$56,564
Aug 2006	0	10,465	68.71	7.34	$76,812
Jul 2006	193	10,212	69.37	6.34	$78,161
Jun 2006	0	9,651	66.28	6.38	$61,611
May 2006	0	10,463	66.01	6.42	$67,225
Apr 2006	0	10,843	64.39	7.36	$79,810
Mar 2006	156	10,653	56.70	7.08	$84,300
Feb 2006	200	9,691	57.59	7.75	$86,634
Jan 2006	0	12,117	60.59	8.93	$108,245
Dec 2005	174	12,949	54.94	13.42	$183,276
Nov 2005	0	11,473	54.69	10.59	$121,481
Oct 2005	181	12,736	58.34	13.80	$186,262
Sep 2005	0	11,070	61.45	12.08	$133,715
Aug 2005	204	14,238	61.51	9.80	$152,035
Jul 2005	0	13,370	55.69	7.84	$104,869
Jun 2005	181	10,470	52.33	7.38	$86,751
May 2005	0	12,811	45.22	6.65	$85,208
Apr 2005	183	15,348	49.20	7.36	$121,972
Mar 2005	0	15,244	50.37	7.15	$109,069
Feb 2005	185	16,421	45.22	6.31	$112,014
Jan 2005	182	18,174	43.16	6.32	$122,755
Dec 2004	185	17,902	39.86	6.75	$128,232
Nov 2004	0	17,204	45.28	6.33	$108,909
Oct 2004	169	15,572	49.70	6.52	$109,852
Sep 2004	0	12,517	43.24	5.28	$66,139
Aug 2004	182	13,766	42.37	5.55	$84,122
Jul 2004	0	12,583	38.28	6.08	$76,557
Jun 2004	0	10,543	36.10	6.43	$67,823
May 2004	173	12,974	37.48	6.49	$90,745
Apr 2004	0	11,394	34.47	5.86	$66,751
Mar 2004	166	12,942	34.36	5.53	$77,275
Feb 2004	0	12,300	32.45	5.51	$67,768
Jan 2004	150	11,057	32.03	6.30	$74,460
Dec 2003	0	11,208	30.26	6.30	$70,629
Nov 2003	190	13,760	28.80	4.60	$68,701
Oct 2003	0	12,035	28.17	4.76	$57,282
Sep 2003	0	13,241	26.31	4.75	$62,886
Aug 2003	175	11,212	29.76	5.13	$62,722
Jul 2003	0	10,969	29.41	5.17	$56,719
Jun 2003	0	10,517	28.56	5.98	$62,923
May 2003	187	11,781	26.59	5.97	$75,336
Apr 2003	0	9,939	26.67	5.41	$53,743
Mar 2003	0	12,501	31.14	6.10	$76,207
Feb 2003	164	10,101	33.48	7.93	$85,550
Jan 2003	0	14,299	30.31	5.58	$79,818
Dec 2002	180	12,751	26.91	4.85	$66,734
Nov 2002	180	12,380	24.66	4.14	$55,654
Oct 2002	0	15,787	26.46	4.23	$66,765
Sep 2002	0	5,146	27.44	3.64	$18,707
Aug 2002	173	12,955	25.96	3.16	$45,483
Jul 2002	0	13,385	24.58	3.06	$40,982
Jun 2002	169	11,083	23.73	3.34	$41,008
May 2002	0	12,541	24.66	3.58	$44,947
Apr 2002	184	12,359	23.65	3.51	$47,760
Mar 2002	0	5,747	22.00	3.10	$17,831
Feb 2002	196	9,856	18.22	2.38	$26,986
Jan 2002	0	10,768	17.17	2.38	$25,581
Dec 2001	193	9,834	16.93	2.36	$26,519
Nov 2001	0	4,983	18.07	2.41	$11,987
Oct 2001	195	17,622	19.78	2.53	$48,421
Sep 2001	192	18,407	24.26	2.25	$46,098
Aug 2001	0	16,912	24.87	3.05	$51,635
Jul 2001	0	16,342	23.93	3.20	$52,247
Jun 2001	192	21,457	24.56	3.82	$86,771
May 2001	191	24,860	25.52	4.31	$111,954
Apr 2001	190	18,161	24.68	5.34	$101,584
Mar 2001	239	20,035	24.54	5.38	$113,582
Feb 2001	0	24,832	27.75	5.77	$143,208
Jan 2001	0	10,954	27.47	8.40	$92,000

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 2010 — as filed, then multipliedworked

Condensate           111 bbl  × $ 70.36 =     $7,810
Gas                    0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $7,810

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. 03/G/181185 is the state's own key, not one this site invented.