KNIGHT, L. B.

Name: KNIGHT, L. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHA-JAM OPERATING CORP. (P-5 767967) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13014District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$353 k

Jan 1993 – Mar 2002

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

111

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	16,324 bbl	$277,027
Casinghead gas	Production	47,043 Mcf	$76,188
Total			$353,215

22,748 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 (2)

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 29.9355, -97.0601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

29.93554, -97.06015 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,278 ft

2 wells filed one

Completion to plug

15.2 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 8,135 and 8,420 ft, median 8,278 ft, over the 2 wells that filed a depth.

Completions filed

Jun 1980 – Jul 1980

2 of 2 wells

Plug dates filed

May 1989 – Nov 2001

2 of 2 wells

Last completion to plug: a median of 15.2 years across the 2 wells that filed both dates, with the middle half between 12.0 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-14930506	2	8,420 ft	Jul 1980	May 1989	Yes
42-14930507	1	8,135 ft	Jun 1980	Nov 2001	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 (111)

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

111 months


Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	159	0	19.78	2.53	$3,145
Sep 2001	6	0	24.26	2.25	$146
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	2	66	24.56	3.82	$302
May 2001	0	259	25.52	4.31	$1,116
Apr 2001	2	208	24.68	5.34	$1,159
Mar 2001	0	319	24.54	5.38	$1,715
Feb 2001	71	263	27.75	5.77	$3,487
Jan 2001	193	315	27.47	8.40	$7,947
Dec 2000	0	420	26.88	9.12	$3,831
Nov 2000	0	511	32.21	5.66	$2,891
Oct 2000	0	557	31.23	5.15	$2,866
Sep 2000	0	545	31.87	5.19	$2,827
Aug 2000	0	618	29.64	4.54	$2,806
Jul 2000	0	690	28.53	4.09	$2,822
Jun 2000	165	677	29.30	4.40	$7,811
May 2000	0	732	27.26	3.68	$2,694
Apr 2000	0	706	24.51	3.12	$2,200
Mar 2000	1	766	28.42	2.86	$2,219
Feb 2000	190	788	27.62	2.73	$7,396
Jan 2000	0	852	25.27	2.48	$2,113
Dec 1999	0	1,082	24.28	2.42	$2,622
Nov 1999	0	42	23.19	2.43	$102
Oct 1999	181	912	20.98	2.80	$6,354
Sep 1999	180	1,005	21.75	2.62	$6,547
Aug 1999	0	959	19.26	2.88	$2,758
Jul 1999	180	1,008	17.89	2.37	$5,612
Jun 1999	181	935	15.94	2.36	$5,094
May 1999	182	942	15.79	2.32	$5,060
Apr 1999	183	802	15.10	2.21	$4,534
Mar 1999	191	619	12.47	1.84	$3,520
Feb 1999	4	495	9.98	1.82	$940
Jan 1999	179	569	10.38	1.90	$2,939
Dec 1998	1	546	9.20	1.77	$977
Nov 1998	181	589	10.89	2.19	$3,258
Oct 1998	3	422	12.42	1.97	$868
Sep 1998	190	491	12.59	2.08	$3,415
Aug 1998	210	345	11.30	1.91	$3,031
Jul 1998	569	110	11.74	2.24	$6,926
Jun 1998	183	69	11.24	2.24	$2,211
May 1998	7	41	12.62	2.21	$179
Apr 1998	5	3	13.04	2.51	$73
Mar 1998	59	1	12.80	2.31	$758
Feb 1998	21	3	13.95	2.30	$300
Jan 1998	190	113	14.70	2.15	$3,036
Dec 1997	16	342	16.32	2.41	$1,086
Nov 1997	200	330	18.19	3.09	$4,657
Oct 1997	28	231	19.25	3.15	$1,267
Sep 1997	352	270	17.74	2.95	$7,042
Aug 1997	19	290	17.86	2.55	$1,080
Jul 1997	28	198	17.58	2.25	$937
Jun 1997	197	219	17.24	2.26	$3,891
May 1997	187	231	18.97	2.31	$4,081
Apr 1997	26	220	17.88	2.08	$923
Mar 1997	209	83	18.95	1.94	$4,122
Feb 1997	17	241	20.49	2.21	$880
Jan 1997	187	245	23.48	3.54	$5,258
Dec 1996	215	224	23.32	—	$5,014
Nov 1996	282	161	21.97	—	$6,196
Oct 1996	190	179	23.31	—	$4,429
Sep 1996	209	203	22.22	—	$4,644
Aug 1996	203	227	20.26	—	$4,113
Jul 1996	213	237	19.55	—	$4,164
Jun 1996	46	401	18.73	—	$862
May 1996	230	517	19.43	—	$4,469
Apr 1996	192	525	21.51	—	$4,130
Mar 1996	14	529	19.38	—	$271
Feb 1996	210	511	16.98	—	$3,566
Jan 1996	217	431	17.07	—	$3,704
Dec 1995	205	484	17.19	—	$3,524
Nov 1995	37	275	16.00	—	$592
Oct 1995	179	404	15.43	—	$2,762
Sep 1995	185	471	16.18	—	$2,993
Aug 1995	193	506	15.92	—	$3,073
Jul 1995	180	561	15.24	—	$2,743
Jun 1995	207	524	16.41	—	$3,397
May 1995	19	536	17.56	—	$334
Apr 1995	204	589	17.73	—	$3,617
Mar 1995	176	541	16.44	—	$2,893
Feb 1995	183	457	16.58	—	$3,034
Jan 1995	181	490	15.92	—	$2,882
Dec 1994	186	525	15.03	—	$2,796
Nov 1994	186	583	15.90	—	$2,957
Oct 1994	174	736	15.58	—	$2,711
Sep 1994	180	640	15.29	—	$2,752
Aug 1994	203	692	16.13	—	$3,274
Jul 1994	188	522	17.56	—	$3,301
Jun 1994	357	515	17.09	—	$6,101
May 1994	12	343	15.88	—	$191
Apr 1994	354	664	14.14	—	$5,006
Mar 1994	185	687	12.46	—	$2,305
Feb 1994	189	574	12.50	—	$2,363
Jan 1994	348	630	12.66	—	$4,406
Dec 1993	358	598	12.33	—	$4,414
Nov 1993	354	439	14.49	—	$5,129
Oct 1993	351	392	15.85	—	$5,563
Sep 1993	180	528	15.03	—	$2,705
Aug 1993	341	622	15.66	—	$5,340
Jul 1993	346	660	15.46	—	$5,349
Jun 1993	174	655	16.79	—	$2,921
May 1993	191	986	17.68	—	$3,377
Apr 1993	538	526	18.05	—	$9,711
Mar 1993	704	104	18.14	—	$12,771
Feb 1993	357	138	17.90	—	$6,390
Jan 1993	363	6	16.93	—	$6,146

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 2001 — as filed, then multipliedworked

Oil                  159 bbl  × $ 19.78 =     $3,145
Casinghead gas         0 Mcf  × $  2.53 =         $0

────────────────────────────────────────────────────
Month total                                   $3,145

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/O/13014 is the state's own key, not one this site invented.