KING, A. N. & V.

Operated by BASA RESOURCES, INC. (P-5 53974) in the GLADEWATER, E. (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14384District 06Field 35135500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Mar 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
no gaps in the span
Streams
2
oil, casinghead 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 11 leases and 12 wells, and the rule below applies to all of them.

Discovered
1984-12-24
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-04-01.

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
OilDisposition28,504 bbl$1,917,865
Casinghead gasProduction10,083 Mcf$74,300
Total$1,992,166

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 32.5227, -94.9009. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52266, -94.90086 · 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
10,905 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 10,905 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-183312843310,905 ftMar 2005

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 (255)

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

255 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015163055.212.96$8,999
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015013144.662.98$390
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140696.564.18$25
Jun 20140098.164.74$0
May 201403394.734.73$156
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013018102.523.72$67
Jun 20131704294.403.93$16,213
May 201305694.834.15$232
Apr 201305193.964.28$218
Mar 20131777093.623.91$16,845
Feb 201305791.233.42$195
Jan 201305591.603.42$188
Dec 201206686.773.42$226
Nov 201203086.953.62$109
Oct 20121407689.383.40$12,772
Sep 201201394.672.92$38
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012164179.822.52$13,093
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121760105.052.22$18,489
Feb 201200101.102.57$0
Jan 20121704098.092.73$16,785
Dec 201109496.873.24$305
Nov 20111786195.723.31$17,240
Oct 201104384.983.65$157
Sep 201104183.623.99$163
Aug 20111744483.404.15$14,694
Jul 20111686094.144.52$16,087
Jun 201107192.904.64$329
May 20111718698.134.40$17,159
Apr 201117150105.964.33$18,336
Mar 20110496.364.06$16
Feb 20111583585.644.18$13,677
Jan 20111673886.504.59$14,620
Dec 201001285.734.35$52
Nov 201001280.843.80$46
Oct 20101587078.103.51$12,585
Sep 20101739772.633.98$12,951
Aug 20101732273.684.42$12,844
Jul 20101637872.554.74$12,195
Jun 201005670.364.91$275
May 20103376271.124.24$24,230
Apr 201004981.694.12$202
Mar 20101554278.394.39$12,335
Feb 20101723373.585.44$12,835
Jan 20100074.365.96$0
Dec 2009165171.445.48$11,793
Nov 20091732574.593.75$12,998
Oct 2009158872.544.11$11,494
Sep 20091722865.543.06$11,359
Aug 2009169067.423.22$11,394
Jul 20090461.133.46$14
Jun 20091772266.163.90$11,796
May 200901654.743.93$63
Apr 20093226046.773.59$15,275
Mar 20091716842.144.06$7,482
Feb 20091666532.814.63$5,748
Jan 20093169235.865.37$11,826
Dec 200817010137.105.98$6,911
Nov 20081578855.496.86$9,316
Oct 20081709375.246.92$13,435
Sep 2008348121101.767.88$36,366
Aug 2008225178114.228.48$27,209
Jul 2008332229131.0811.39$46,127
Jun 2008339230131.3313.03$47,518
May 2008335236123.1711.57$43,993
Apr 2008515179110.3110.45$58,681
Mar 20080104101.909.66$1,005
Feb 200815914292.538.77$15,958
Jan 200832917990.388.21$31,204
Dec 200733819588.337.30$31,279
Nov 200733514191.677.29$31,738
Oct 200734013882.856.92$29,124
Sep 200732710075.846.24$25,424
Aug 200717511569.066.39$12,820
Jul 200751115970.906.39$37,246
Jun 200733415662.007.55$21,886
May 200734814058.747.85$21,540
Apr 200734313759.617.81$21,516
Mar 200749117756.927.30$29,240
Feb 200733315755.108.22$19,638
Jan 200750227750.306.73$27,114
Dec 200651527956.656.92$31,105
Nov 200651226354.207.62$29,754
Oct 200651921654.906.01$29,792
Sep 200652222360.085.04$32,485
Aug 200651518768.717.34$36,758
Jul 200650119369.376.34$35,979
Jun 200666820066.286.38$45,552
May 200667717166.016.42$45,787
Apr 200651117164.397.36$34,162
Mar 200669026856.707.08$41,021
Feb 200651824957.597.75$31,762
Jan 200696033660.598.93$61,168
Dec 200567639754.9413.42$42,465
Nov 200569631554.6910.59$41,400
Oct 200569619758.3413.80$43,322
Sep 2005856061.4512.08$52,601
Aug 2005854061.519.80$52,530
Jul 2005868055.697.84$48,339
Jun 20051,03025552.337.38$55,782
May 20051,0749745.226.65$49,211
Apr 20051,217049.207.36$59,876
Mar 2005306050.377.15$15,413

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 2015 — as filed, then multipliedworked
Oil                  163 bbl  × $ 55.21 =     $8,999
Casinghead gas         0 Mcf  × $  2.96 =         $0

────────────────────────────────────────────────────
Month total                                   $8,999

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/O/14384 is the state's own key, not one this site invented.