KING "B"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 117937District 04Field 50925015NGPA filingCondensateGasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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
NGPA1none

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
CondensateDisposition294 bbl$5,558
GasProduction3,036,041 Mcf$9,325,684
Total$9,331,242

1,004,673 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 (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 27.0948, -99.4253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.09479, -99.42534 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 9,000 ft.

Completions filed
Aug 1985
1 of 1 wells

1 well

42-5053205919,000 ftAug 1985

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 (401)

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

401 months

May 202601,390106.413.05$4,234
Apr 202601,35098.932.87$3,874
Mar 202601,41589.753.15$4,456
Feb 202601,31163.503.75$4,917
Jan 202601,43159.138.00$11,445
Dec 202501,39956.664.41$6,174
Nov 202511,40358.593.93$5,567
Oct 202501,50359.383.30$4,967
Sep 202501,31062.743.08$4,031
Aug 202501,26363.933.01$3,808
Jul 202501,44466.743.32$4,787
Jun 202501,40666.483.13$4,399
May 202501,44060.553.23$4,655
Apr 202501,40862.363.54$4,989
Mar 202501,46767.704.27$6,262
Feb 202521,30570.884.34$5,807
Jan 202501,44074.324.28$6,161
Dec 202401,49068.993.12$4,651
Nov 202401,50369.052.20$3,304
Oct 202401,00971.372.28$2,302
Sep 202401,21969.612.36$2,882
Aug 202401,25575.632.06$2,590
Jul 202401,20179.932.15$2,578
Jun 202401,23778.082.63$3,258
May 202401,49578.812.20$3,287
Apr 202401,54884.451.66$2,568
Mar 202401,69380.301.55$2,616
Feb 202401,59476.091.78$2,843
Jan 202401,82673.023.30$6,022
Dec 202301,75271.262.61$4,574
Nov 202301,72277.892.81$4,835
Oct 202301,75085.443.09$5,403
Sep 202301,59489.042.74$4,360
Aug 202301,58080.522.67$4,223
Jul 202301,45674.852.64$3,846
Jun 202301,40068.962.26$3,162
May 202301,43470.622.23$3,194
Apr 202301,52378.122.24$3,408
Mar 202301,61672.852.39$3,867
Feb 202301,48175.112.47$3,652
Jan 202301,66576.533.39$5,641
Dec 202201,66176.415.73$9,516
Nov 202201,62685.005.65$9,181
Oct 202201,67587.185.86$9,822
Sep 202201,59684.888.16$13,029
Aug 202201,67594.529.13$15,288
Jul 202201,667101.587.54$12,573
Jun 202201,613115.097.98$12,867
May 202201,706109.378.43$14,387
Apr 202201,616104.226.84$11,050
Mar 202201,688108.885.08$8,569
Feb 202201,51291.054.86$7,347
Jan 202201,75481.844.54$7,959
Dec 202101,76971.323.90$6,898
Nov 202101,58777.435.24$8,311
Oct 202101,68679.795.71$9,634
Sep 202101,60969.865.35$8,610
Aug 202101,63166.024.22$6,884
Jul 202101,60070.783.98$6,371
Jun 202101,42169.493.38$4,804
May 202101,57963.483.02$4,765
Apr 202101,56960.362.76$4,328
Mar 202101,60361.302.72$4,355
Feb 202101,39457.805.55$7,734
Jan 202101,58850.412.81$4,463
Dec 202001,56944.642.68$4,198
Nov 202001,49838.772.71$4,054
Oct 202001,59136.972.48$3,943
Sep 202001,53737.091.99$3,060
Aug 202001,60939.982.39$3,838
Jul 202001,61638.371.83$2,949
Jun 202001,56134.901.69$2,639
May 202001,60716.921.81$2,916
Apr 202001,58614.751.80$2,862
Mar 202001,68430.341.86$3,126
Feb 202001,55049.881.98$3,070
Jan 202001,63957.252.09$3,433
Dec 201901,64259.012.30$3,784
Nov 201901,59855.302.75$4,396
Oct 201901,71253.472.42$4,141
Sep 201911,59055.052.66$4,280
Aug 201901,68553.112.30$3,883
Jul 201901,71056.272.46$4,207
Jun 201901,49152.782.49$3,714
May 201901,63658.482.74$4,483
Apr 201901,59762.632.75$4,393
Mar 201901,71056.803.06$5,236
Feb 201901,59250.852.79$4,445
Jan 201901,72246.033.23$5,559
Dec 201801,65146.594.19$6,910
Nov 201801,66252.934.24$7,042
Oct 201801,75161.443.40$5,950
Sep 201801,66459.543.11$5,172
Aug 201801,60959.403.07$4,934
Jul 201801,58265.142.93$4,638
Jun 201811,54060.183.08$4,799
May 201801,65665.382.90$4,804
Apr 201801,69963.842.90$4,928
Mar 201801,74061.222.79$4,849
Feb 201801,54161.782.77$4,263
Jan 201801,65662.874.01$6,639
Dec 201701,61257.272.92$4,709
Nov 201701,71355.423.12$5,342
Oct 201711,93949.292.98$5,835
Sep 201701,79547.523.09$5,542
Aug 201701,89245.373.00$5,684
Jul 201701,90643.873.09$5,884
Jun 201701,88442.493.09$5,816
May 201701,98245.373.26$6,468
Apr 201701,87447.933.21$6,019
Mar 201701,92946.772.98$5,756
Feb 201701,79350.452.95$5,294
Jan 201701,92949.413.42$6,595
Dec 201602,05048.763.72$7,632
Nov 201602,08242.492.64$5,506
Oct 201602,19446.193.09$6,780
Sep 201602,15141.553.10$6,669
Aug 201602,26341.442.92$6,618
Jul 201602,32741.622.92$6,805
Jun 201602,32545.352.69$6,245
May 201602,54742.521.99$5,071
Apr 201602,53736.561.99$5,051
Mar 201602,68433.011.79$4,815
Feb 201602,73526.472.06$5,644
Jan 201601,97527.352.36$4,670
Dec 201501,66332.362.00$3,328
Nov 201507,41938.792.17$16,079
Oct 201507,89443.552.43$19,155
Sep 201507,60742.992.76$20,983
Aug 201508,07140.162.87$23,184
Jul 201508,41448.152.95$24,780
Jun 201508,25056.152.88$23,784
May 201502,98955.212.96$8,834
Apr 201502,93349.822.71$7,938
Mar 201507,37742.892.93$21,649
Feb 201507,16344.662.98$21,318
Jan 201508,13543.433.10$25,224
Dec 201408,19754.693.59$29,438
Nov 201407,84670.464.25$33,360
Oct 201408,47978.303.90$33,076
Sep 201408,28086.164.05$33,496
Aug 201408,80289.394.04$35,517
Jul 201408,83696.564.18$36,931
Jun 201408,49998.164.74$40,259
May 201409,29294.734.73$43,919
Apr 201408,34495.944.81$40,127
Mar 201407,41495.895.06$37,491
Feb 201404,39497.406.19$27,208
Jan 201401,04390.404.86$5,070
Dec 201303,23391.824.35$14,078
Nov 201305,82488.853.74$21,772
Oct 201302,41397.423.78$9,120
Sep 201305,971104.113.72$22,199
Aug 201306,597104.253.52$23,239
Jul 201306,484102.523.72$24,106
Jun 201306,51394.403.93$25,618
May 201306,31894.834.15$26,214
Apr 201306,75893.964.28$28,942
Mar 201305,99493.623.91$23,454
Feb 201306,45791.233.42$22,082
Jan 201306,46991.603.42$22,123
Dec 201206,06186.773.42$20,730
Nov 201204,68286.953.62$16,972
Oct 201204,77089.383.40$16,216
Sep 201202,76094.672.92$8,055
Aug 201204,06092.662.91$11,807
Jul 201202,77585.133.02$8,383
Jun 201203,12779.822.52$7,877
May 201208,14691.612.49$20,270
Apr 201206,257101.652.00$12,494
Mar 201207,007105.052.22$15,570
Feb 201206,635101.102.57$17,054
Jan 201207,37898.092.73$20,172
Dec 201107,38596.873.24$23,925
Nov 201107,39995.723.31$24,500
Oct 201107,74484.983.65$28,254
Sep 201107,65283.623.99$30,499
Aug 201107,96783.404.15$33,058
Jul 201107,89894.144.52$35,677
Jun 201107,44992.904.64$34,562
May 201108,09398.134.40$35,648
Apr 201107,727105.964.33$33,483
Mar 201109,06096.364.06$36,760
Feb 201108,42985.644.18$35,233
Jan 2011010,36486.504.59$47,558
Dec 201004,79085.734.35$20,826
Nov 201003,25380.843.80$12,346
Oct 201002,19578.103.51$7,702
Sep 201006,36772.633.98$25,337
Aug 201008,87573.684.42$39,222
Jul 201009,37572.554.74$44,405
Jun 201009,32470.364.91$45,785
May 201005,31271.124.24$22,497
Apr 20100081.694.12$0
Mar 201008,01978.394.39$35,193
Feb 201007,03673.585.44$38,292
Jan 201008,02474.365.96$47,856
Dec 200907,52571.445.48$41,265
Nov 200908,26774.593.75$31,014
Oct 200908,32272.544.11$34,206
Sep 200908,58365.543.06$26,305
Aug 200907,42067.423.22$23,881
Jul 200909,34161.133.46$32,362
Jun 200907,60966.163.90$29,637
May 200909,64654.743.93$37,868
Apr 200908,37146.773.59$30,031
Mar 200906,05542.144.06$24,577
Feb 200907,71132.814.63$35,725
Jan 200909,07835.865.37$48,758
Dec 200807,97237.105.98$47,650
Nov 200807,79855.496.86$53,497
Oct 200809,50875.246.92$65,814
Sep 200806,725101.767.88$52,973
Aug 200804,917114.228.48$41,711
Jul 200805,034131.0811.39$57,334
Jun 200809,063131.3313.03$118,115
May 200809,380123.1711.57$108,567
Apr 200808,436110.3110.45$88,197
Mar 200809,343101.909.66$90,291
Feb 200806,68192.538.77$58,596
Jan 2008010,07790.388.21$82,689
Dec 200703,86988.337.30$28,251
Nov 200706,87491.677.29$50,123
Oct 200709,75882.856.92$67,545
Sep 200708,29275.846.24$51,777
Aug 200708,97869.066.39$57,351
Jul 200708,96670.906.39$57,274
Jun 200708,52362.007.55$64,335
May 200709,73258.747.85$76,360
Apr 200708,93259.617.81$69,716
Mar 2007012,16456.927.30$88,821
Feb 2007010,85555.108.22$89,185
Jan 2007011,76950.306.73$79,168
Dec 2006012,67156.656.92$87,664
Nov 2006012,22254.207.62$93,101
Oct 2006014,90754.906.01$89,648
Sep 2006013,91960.085.04$70,113
Aug 2006015,40868.717.34$113,093
Jul 2006015,00469.376.34$95,167
Jun 2006013,92366.286.38$88,883
May 2006014,90066.016.42$95,733
Apr 2006011,85764.397.36$87,273
Mar 2006011,83556.707.08$83,826
Feb 200606,51857.597.75$50,522
Jan 200603,48260.598.93$31,106
Dec 200502,93254.9413.42$39,334
Nov 200503,44654.6910.59$36,488
Oct 200503,87558.3413.80$53,459
Sep 200503,67261.4512.08$44,354
Aug 200502,96461.519.80$29,038
Jul 200505,67855.697.84$44,536
Jun 200503,01552.337.38$22,254
May 200501,62145.226.65$10,782
Apr 200501,89449.207.36$13,941
Mar 200502,69250.377.15$19,261
Feb 200503,69145.226.31$23,297
Jan 200502,20743.166.32$13,953
Dec 200403,87439.866.75$26,154
Nov 200404,78345.286.33$30,278
Oct 200404,79449.706.52$31,233
Sep 200408,36543.245.28$44,200
Aug 2004013,42742.375.55$74,529
Jul 2004010,67638.286.08$64,955
Jun 200408,05236.106.43$51,799
May 2004013,65637.486.49$88,690
Apr 2004015,07334.475.86$88,305
Mar 2004014,79334.365.53$81,807
Feb 2004012,24332.455.51$67,454
Jan 2004014,72532.036.30$92,762
Dec 2003016,88130.266.30$106,378
Nov 2003017,39728.804.60$79,942
Oct 2003019,15028.174.76$91,147
Sep 2003017,30326.314.75$82,178
Aug 200305,51629.765.13$28,296
Jul 200308,60729.415.17$44,505
Jun 200304,55428.565.98$27,246
May 200302,14726.595.97$12,823
Apr 200305,45826.675.41$29,513
Mar 200307,75531.146.10$47,275
Feb 200307,61833.487.93$60,379
Jan 200307,42030.315.58$41,419
Dec 2002010,96526.914.85$53,221
Nov 2002013,24524.664.14$54,794
Oct 2002012,91926.464.23$54,636
Sep 2002014,92927.443.64$54,270
Aug 2002013,26625.963.16$41,976
Jul 2002011,22124.583.06$34,356
Jun 2002012,68823.733.34$42,356
May 200205,60324.663.58$20,081
Apr 2002014,69223.653.51$51,603
Mar 200203,46722.003.10$10,757
Feb 2002225,32718.222.38$13,056
Jan 200205,65217.172.38$13,427
Dec 200104,57416.932.36$10,815
Nov 200104,50218.072.41$10,830
Oct 200104,66019.782.53$11,785
Sep 200104,42224.262.25$9,955
Aug 200104,56724.873.05$13,944
Jul 200104,56323.933.20$14,588
Jun 200104,51124.563.82$17,251
May 200104,87525.524.31$20,998
Apr 200104,16524.685.34$22,222
Mar 200104,96624.545.38$26,699
Feb 200104,41127.755.77$25,439
Jan 200105,66527.478.40$47,579
Dec 200006,47626.889.12$59,077
Nov 200006,54632.215.66$37,037
Oct 200007,82231.235.15$40,248
Sep 200008,48431.875.19$44,002
Aug 2000029,54829.644.54$134,170
Jul 2000018,34728.534.09$75,035
Jun 2000027,34929.304.40$120,260
May 2000030,99327.263.68$114,046
Apr 2000032,07424.513.12$99,943
Mar 2000038,51528.422.86$110,143
Feb 20005541,42027.622.73$114,451
Jan 20000025.272.48$0
Dec 19994024.282.42$97
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199901,67321.752.62$4,381
Aug 1999031819.262.88$914
Jul 1999074217.892.37$1,760
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199901,79015.102.21$3,952
Mar 199906,77512.471.84$12,455
Feb 1999146,1099.981.82$11,245
Jan 199906,80610.381.90$12,931
Dec 199806,8809.201.77$12,200
Nov 199806,54510.892.19$14,306
Oct 199806,62112.421.97$13,038
Sep 199806,49312.592.08$13,522
Aug 199806,72111.301.91$12,819
Jul 199806,51211.742.24$14,569
Jun 199806,50611.242.24$14,556
May 199806,76512.622.21$14,926
Apr 199806,63013.042.51$16,610
Mar 199807,82212.802.31$18,064
Feb 199807,13313.952.30$16,400
Jan 199806,81614.702.15$14,687
Dec 199707,27816.322.41$17,548
Nov 199706,91918.193.09$21,368
Oct 199707,35119.253.15$23,154
Sep 199708,01017.742.95$23,669
Aug 199707,32017.862.55$18,701
Jul 199707,53617.582.25$16,933
Jun 199707,62817.242.26$17,218
May 199708,05518.972.31$18,595
Apr 199707,95417.882.08$16,566
Mar 199708,04018.951.94$15,591
Feb 199707,31620.492.21$16,138
Jan 199707,78023.483.54$27,539
Dec 199608,68223.32$0
Nov 199608,34621.97$0
Oct 199608,14423.31$0
Sep 199607,28422.22$0
Aug 199608,38420.26$0
Jul 199609,07619.55$0
Jun 199608,40418.73$0
May 1996110,40519.43$19
Apr 1996010,14421.51$0
Mar 199609,80619.38$0
Feb 1996111,88116.98$17
Jan 1996013,45217.07$0
Dec 1995022,92717.19$0
Nov 1995528,30016.00$80
Oct 199513128,73315.43$2,021
Sep 1995029,19616.18$0
Aug 1995331,85015.92$48
Jul 1995133,47015.24$15
Jun 1995432,11316.41$66
May 19951032,22417.56$176
Apr 1995633,84017.73$106
Mar 1995734,86516.44$115
Feb 1995028,74616.58$0
Jan 1995015,36915.92$0
Dec 199409,54415.03$0
Nov 199409,57315.90$0
Oct 1994010,01015.58$0
Sep 1994011,52715.29$0
Aug 1994014,96116.13$0
Jul 1994020,61417.56$0
Jun 1994025,18017.09$0
May 1994012,21415.88$0
Apr 1994124,91714.14$14
Mar 1994021,95912.46$0
Feb 1994015,32012.50$0
Jan 1994320,69012.66$38
Dec 1993629,10712.33$74
Nov 1993025,47514.49$0
Oct 1993029,96115.85$0
Sep 1993115,91915.03$15
Aug 1993020,52315.66$0
Jul 1993031,95915.46$0
Jun 1993030,81416.79$0
May 1993437,59017.68$71
Apr 1993241,81418.05$36
Mar 1993027,98218.14$0
Feb 1993731,27417.90$125
Jan 1993020,10516.93$0

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,390 Mcf  × $  3.05 =     $4,234

────────────────────────────────────────────────────
Month total                                   $4,234

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/G/117937 is the state's own key, not one this site invented.