KING, W.

Operated by EQV OPERATING LLC (P-5 101634) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230941District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Apr 2007 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
230
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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
High Cost Gas112008-02-27180933
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
CondensateDisposition14,252 bbl$1,120,324
GasProduction585,795 Mcf$3,204,124
Total$4,324,449

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 32.0689, -94.7998. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06893, -94.79979 · 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
11,070 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 11,070 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-40134235111,070 ftApr 2007

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 (230)

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

230 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026037559.138.00$2,999
Dec 2025037556.664.41$1,655
Nov 2025034758.593.93$1,362
Oct 2025034059.383.30$1,124
Sep 2025022262.743.08$683
Aug 2025035863.933.01$1,079
Jul 2025029366.743.32$971
Jun 2025033166.483.13$1,036
May 2025055960.553.23$1,807
Apr 2025034462.363.54$1,219
Mar 2025056067.704.27$2,390
Feb 2025055370.884.34$2,400
Jan 2025027674.324.28$1,181
Dec 2024036068.993.12$1,124
Nov 2024023769.052.20$521
Oct 2024030271.372.28$689
Sep 20245017569.612.36$3,894
Aug 202409175.632.06$188
Jul 2024013379.932.15$286
Jun 20240078.082.63$0
May 2024015678.812.20$343
Apr 2024013184.451.66$217
Mar 2024013680.301.55$210
Feb 2024018676.091.78$332
Jan 2024017473.023.30$574
Dec 2023010871.262.61$282
Nov 202307877.892.81$219
Oct 2023018985.443.09$584
Sep 2023015089.042.74$410
Aug 2023015080.522.67$401
Jul 2023023574.852.64$621
Jun 2023014768.962.26$332
May 2023027770.622.23$617
Apr 2023026778.122.24$597
Mar 2023015872.852.39$378
Feb 2023020675.112.47$508
Jan 2023019376.533.39$654
Dec 2022029376.415.73$1,679
Nov 2022025685.005.65$1,445
Oct 2022028087.185.86$1,642
Sep 2022027384.888.16$2,229
Aug 2022022594.529.13$2,054
Jul 2022167171101.587.54$18,254
Jun 20220262115.097.98$2,090
May 20220277109.378.43$2,336
Apr 20220236104.226.84$1,614
Mar 20220169108.885.08$858
Feb 2022021291.054.86$1,030
Jan 2022026981.844.54$1,221
Dec 2021020671.323.90$803
Nov 2021028577.435.24$1,493
Oct 2021020879.795.71$1,188
Sep 2021033469.865.35$1,787
Aug 2021031066.024.22$1,308
Jul 2021028270.783.98$1,123
Jun 2021020269.493.38$683
May 2021035263.483.02$1,062
Apr 2021027260.362.76$750
Mar 2021035961.302.72$975
Feb 2021028157.805.55$1,559
Jan 2021026450.412.81$742
Dec 2020038944.642.68$1,041
Nov 2020028838.772.71$779
Oct 2020037636.972.48$932
Sep 2020028037.091.99$557
Aug 2020027939.982.39$665
Jul 2020038438.371.83$701
Jun 2020034034.901.69$575
May 2020043916.921.81$797
Apr 2020032514.751.80$586
Mar 2020032830.341.86$609
Feb 2020027449.881.98$543
Jan 2020037857.252.09$792
Dec 20199348259.012.30$6,599
Nov 2019018555.302.75$509
Oct 2019026353.472.42$636
Sep 2019036155.052.66$959
Aug 2019034253.112.30$788
Jul 2019040756.272.46$1,001
Jun 2019034852.782.49$867
May 2019045658.482.74$1,250
Apr 2019036462.632.75$1,001
Mar 2019045656.803.06$1,396
Feb 2019031050.852.79$866
Jan 2019037646.033.23$1,214
Dec 201818922846.594.19$9,760
Nov 2018036552.934.24$1,547
Oct 2018043361.443.40$1,471
Sep 2018037259.543.11$1,156
Aug 2018027059.403.07$828
Jul 2018043865.142.93$1,284
Jun 2018034460.183.08$1,058
May 2018052065.382.90$1,508
Apr 2018042463.842.90$1,230
Mar 2018044861.222.79$1,249
Feb 201818718661.782.77$12,067
Jan 2018043062.874.01$1,724
Dec 2017035157.272.92$1,025
Nov 2017048955.423.12$1,525
Oct 2017042949.292.98$1,280
Sep 2017039247.523.09$1,210
Aug 2017041345.373.00$1,241
Jul 201719038443.873.09$9,521
Jun 2017041442.493.09$1,278
May 2017037545.373.26$1,224
Apr 20177638647.933.21$4,882
Mar 2017036546.772.98$1,089
Feb 2017031650.452.95$933
Jan 2017027349.413.42$933
Dec 2016032448.763.72$1,206
Nov 2016031342.492.64$828
Oct 2016029746.193.09$918
Sep 2016031241.553.10$967
Aug 2016027641.442.92$807
Jul 2016021941.622.92$640
Jun 2016017845.352.69$478
May 2016027142.521.99$540
Apr 2016028736.561.99$571
Mar 2016178433.011.79$5,883
Feb 2016031526.472.06$650
Jan 2016041227.352.36$974
Dec 2015042932.362.00$859
Nov 2015047738.792.17$1,034
Oct 2015020843.552.43$505
Sep 2015030942.992.76$852
Aug 2015036440.162.87$1,046
Jul 2015044948.152.95$1,322
Jun 2015069356.152.88$1,998
May 201501,12955.212.96$3,337
Apr 20151521,14549.822.71$10,672
Mar 201501,14342.892.93$3,354
Feb 201511,07144.662.98$3,232
Jan 20151762,15443.433.10$14,322
Dec 201442,90554.693.59$10,652
Nov 201402,50470.464.25$10,647
Oct 20141634378.303.90$12,931
Sep 2014098586.164.05$3,985
Aug 201412,60489.394.04$10,597
Jul 20141752,66296.564.18$28,024
Jun 2014177598.164.74$3,769
May 20141762,30594.734.73$27,567
Apr 201433,55895.944.81$17,399
Mar 201402,57295.895.06$13,006
Feb 201422,31197.406.19$14,505
Jan 20141743,57190.404.86$33,087
Dec 201312,58691.824.35$11,353
Nov 201301,89288.853.74$7,073
Oct 20131764,28897.423.78$33,352
Sep 20131875,008104.113.72$38,087
Aug 201305,626104.253.52$19,818
Jul 201355,114102.523.72$19,525
Jun 20131902,95294.403.93$29,547
May 201385,59794.834.15$23,981
Apr 20131663,23393.964.28$29,443
Mar 201303,10093.623.91$12,130
Feb 20131833,73791.233.42$29,475
Jan 201383,59691.603.42$13,031
Dec 20121603,40586.773.42$25,529
Nov 2012144,43886.953.62$17,305
Oct 20121665,04289.383.40$31,978
Sep 201201,93694.672.92$5,650
Aug 2012891,87492.662.91$13,697
Jul 20121754,15585.133.02$27,449
Jun 2012624,60279.822.52$16,541
May 20121013,97991.612.49$19,154
Apr 201203,600101.652.00$7,188
Mar 2012734,123105.052.22$16,830
Feb 20121704,354101.102.57$28,378
Jan 20121024,91198.092.73$23,432
Dec 2011814,21296.873.24$21,492
Nov 20111272,77795.723.31$21,352
Oct 201103,52184.983.65$12,847
Sep 2011752,46983.623.99$16,112
Aug 20111544,74383.404.15$32,524
Jul 201102,57294.144.52$11,618
Jun 2011742,36192.904.64$17,829
May 20111092,68798.134.40$22,532
Apr 20111155,522105.964.33$36,114
Mar 20111894,70696.364.06$37,306
Feb 20111965,09785.644.18$38,091
Jan 201104,21486.504.59$19,337
Dec 20101924,58185.734.35$36,377
Nov 201007,08580.843.80$26,890
Oct 20101966,97778.103.51$39,789
Sep 20101876,60072.633.98$39,846
Aug 20101914,85673.684.42$35,533
Jul 201004,04672.554.74$19,164
Jun 20101884,81370.364.91$36,861
May 20101956,39571.124.24$40,953
Apr 201007,21481.694.12$29,741
Mar 20101995,49578.394.39$39,715
Feb 201006,91573.585.44$37,634
Jan 20103824,76074.365.96$56,795
Dec 200904,25371.445.48$23,322
Nov 20091795,16274.593.75$32,717
Oct 200908,47572.544.11$34,834
Sep 20091774,49365.543.06$25,371
Aug 20091756,63567.423.22$33,153
Jul 20091773,66761.133.46$23,524
Jun 20091777,47266.163.90$40,814
May 20091946,67454.743.93$36,820
Apr 200906,16046.773.59$22,099
Mar 20091964,77942.144.06$27,657
Feb 20092007,38832.814.63$40,791
Jan 20092006,28535.865.37$40,929
Dec 20081957,46937.105.98$51,878
Nov 200808,45755.496.86$58,018
Oct 20081908,98075.246.92$76,455
Sep 20081947,086101.767.88$75,559
Aug 20081996,540114.228.48$78,209
Jul 20081926,522131.0811.39$99,449
Jun 20082069,117131.3313.03$145,872
May 20081836,900123.1711.57$102,403
Apr 20081797,239110.3110.45$95,428
Mar 20083778,306101.909.66$118,686
Feb 200808,88292.538.77$77,900
Jan 20085489,22090.388.21$125,185
Dec 2007010,84588.337.30$79,190
Nov 200736211,68691.677.29$118,395
Oct 200717712,50082.856.92$101,189
Sep 200731915,65575.846.24$121,945
Aug 200737018,79369.066.39$145,601
Jul 200753019,72870.906.39$163,598
Jun 200758417,08162.007.55$165,143
May 200772831,30458.747.85$288,383
Apr 200701,77759.617.81$13,870

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  375 Mcf  × $  8.00 =     $2,999

────────────────────────────────────────────────────
Month total                                   $2,999

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. 06/G/230941 is the state's own key, not one this site invented.