KING, A. P. ACT. #1

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1676District 06Field 88207001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
1 month not filed
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 229 leases and 1,675 wells, and the rule below applies to all of them.

Discovered
1936-03-16
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2012-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: NON-CURRENT RESTR.REMOVED ALSO FOR API#(159-30200,30572)-HAGANSPOR

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
OilDisposition67,053 bbl$2,144,776
Casinghead gasProduction22 Mcf$0
Total$2,144,776

22 Mcf of this lease's gas, across 22 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 (15)

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 33.3541, -95.1255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles. 3 wells have no surveyed location and are left out of it.

33.35444, -95.12502 · centre of 12 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
86.7%
13 of 15 wells
With a plug date
53.3%
8 of 15 wells
Median depth
4,373 ft
13 wells filed one
Completion to plug
15.1 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
1386.7%
A plug date is filed
853.3%
BothOn the schedule and plugged. Neither fact cancels the other.
853.3%
NeitherNo plug date, and not on the schedule.
213.3%

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

Total depth in feet, 13 of 15 wells. Median 4,373 ft, with the middle half between 4,312 and 4,403 ft; the shallowest is 3,388 ft and the deepest 4,410 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 15 wells, Apr 1937 – May 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1937 – May 2015
11 of 15 wells; 4 filed none
Plug dates filed
Jan 1987 – Nov 2020
8 of 15 wells; 7 filed none

Last completion to plug: a median of 15.1 years across the 6 wells that filed both dates, with the middle half between 8.5 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-15900375104,323 ftSep 1995Yes
42-159800696Yes
42-1598007013Yes
42-44900035744,409 ftMar 2008Yes
42-449000301 S3,388 ftMay 2015
42-15900395794,403 ftJul 2012
42-15900392684,407 ftMar 1990Aug 1996Yes
42-15900389644,312 ftAug 1989Yes
42-1590036814,380 ftMar 1989Nov 2020Yes
42-44900028274,373 ftNov 1985Jul 2008Yes
42-449000312 S3,446 ftAug 1985Jan 1987Yes
42-15900396814,402 ftMay 1981Feb 1996Yes
42-44900022394,312 ftApr 1980Sep 1995Yes
42-15980071694,410 ftMar 1976Yes
42-44900024344,313 ftApr 1937Yes

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 (239)

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

239 months

Dec 20120086.773.42$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20111084.983.65$85
Sep 20118083.623.99$669
Aug 201114083.404.15$1,168
Jul 201155094.144.52$5,178
Jun 201115092.904.64$1,394
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201121096.364.06$2,024
Feb 2011105085.644.18$8,992
Jan 2011127086.504.59$10,986
Dec 2010224085.734.35$19,204
Nov 2010100080.843.80$8,084
Oct 2010153078.103.51$11,949
Sep 2010124072.633.98$9,006
Aug 2010132073.684.42$9,726
Jul 2010183072.554.74$13,277
Jun 2010132070.364.91$9,288
May 2010157071.124.24$11,166
Apr 201018081.694.12$1,470
Mar 201035078.394.39$2,744
Feb 2010104073.585.44$7,652
Jan 2010136074.365.96$10,113
Dec 2009152071.445.48$10,859
Nov 2009200074.593.75$14,918
Oct 2009158072.544.11$11,461
Sep 2009156065.543.06$10,224
Aug 2009124067.423.22$8,360
Jul 2009299061.133.46$18,278
Jun 2009288066.163.90$19,054
May 2009173054.743.93$9,470
Apr 2009184046.773.59$8,606
Mar 2009224042.144.06$9,439
Feb 2009173032.814.63$5,676
Jan 2009216035.865.37$7,746
Dec 2008202037.105.98$7,494
Nov 2008139055.496.86$7,713
Oct 2008202075.246.92$15,198
Sep 20082210101.767.88$22,489
Aug 20082580114.228.48$29,469
Jul 20082240131.0811.39$29,362
Jun 20083450131.3313.03$45,309
May 20084070123.1711.57$50,130
Apr 20084210110.3110.45$46,441
Mar 20083910101.909.66$39,843
Feb 2008352092.538.77$32,571
Jan 2008282090.388.21$25,487
Dec 2007215088.337.30$18,991
Nov 2007229091.677.29$20,992
Oct 2007219082.856.92$18,144
Sep 2007230075.846.24$17,443
Aug 2007256069.066.39$17,679
Jul 2007198070.906.39$14,038
Jun 2007207062.007.55$12,834
May 2007218058.747.85$12,805
Apr 2007188059.617.81$11,207
Mar 2007215056.927.30$12,238
Feb 2007187055.108.22$10,304
Jan 2007179050.306.73$9,004
Dec 2006188056.656.92$10,650
Nov 2006209054.207.62$11,328
Oct 2006163054.906.01$8,949
Sep 2006180060.085.04$10,814
Aug 2006213068.717.34$14,635
Jul 2006228069.376.34$15,816
Jun 2006183066.286.38$12,129
May 2006219066.016.42$14,456
Apr 2006196064.397.36$12,620
Mar 2006171056.707.08$9,696
Feb 2006178057.597.75$10,251
Jan 2006147060.598.93$8,907
Dec 2005178054.9413.42$9,779
Nov 2005169054.6910.59$9,243
Oct 2005163058.3413.80$9,509
Sep 2005132061.4512.08$8,111
Aug 2005184061.519.80$11,318
Jul 2005198055.697.84$11,027
Jun 2005247052.337.38$12,926
May 2005193045.226.65$8,727
Apr 2005153049.207.36$7,528
Mar 2005285050.377.15$14,355
Feb 2005154045.226.31$6,964
Jan 2005195043.166.32$8,416
Dec 2004187039.866.75$7,454
Nov 2004208045.286.33$9,418
Oct 2004180049.706.52$8,946
Sep 2004166043.245.28$7,178
Aug 2004180042.375.55$7,627
Jul 2004204038.286.08$7,809
Jun 2004186036.106.43$6,715
May 2004252037.486.49$9,445
Apr 2004336034.475.86$11,582
Mar 200422034.365.53$756
Feb 2004179032.455.51$5,809
Jan 2004231032.036.30$7,399
Dec 2003388030.266.30$11,741
Nov 2003172028.804.60$4,954
Oct 2003116028.174.76$3,268
Sep 2003226026.314.75$5,946
Aug 2003233029.765.13$6,934
Jul 2003235029.415.17$6,911
Jun 2003274028.565.98$7,825
May 2003300026.595.97$7,977
Apr 2003211026.675.41$5,627
Mar 2003211031.146.10$6,571
Feb 2003187033.487.93$6,261
Jan 2003185030.315.58$5,607
Dec 2002202026.914.85$5,436
Nov 2002189024.664.14$4,661
Oct 2002213026.464.23$5,636
Sep 2002213027.443.64$5,845
Aug 2002220025.963.16$5,711
Jul 2002217024.583.06$5,334
Jun 2002253023.733.34$6,004
May 2002299024.663.58$7,373
Apr 2002113023.653.51$2,672
Mar 2002141022.003.10$3,102
Feb 2002260018.222.38$4,737
Jan 20021,177017.172.38$20,209
Dec 2001309016.932.36$5,231
Nov 2001221018.072.41$3,993
Oct 2001274019.782.53$5,420
Sep 2001270024.262.25$6,550
Aug 2001441024.873.05$10,968
Jul 2001461023.933.20$11,032
Jun 2001245024.563.82$6,017
May 2001490025.524.31$12,505
Apr 2001488024.685.34$12,044
Mar 2001372024.545.38$9,129
Feb 2001304027.755.77$8,436
Jan 2001547027.478.40$15,026
Dec 2000480026.889.12$12,902
Nov 2000740032.215.66$23,835
Oct 2000509031.235.15$15,896
Sep 2000419031.875.19$13,354
Aug 2000533029.644.54$15,798
Jul 2000424028.534.09$12,097
Jun 2000702029.304.40$20,569
May 2000360027.263.68$9,814
Apr 2000431024.513.12$10,564
Mar 200077028.422.86$2,188
Feb 2000310027.622.73$8,562
Jan 2000522025.272.48$13,191
Dec 1999701024.282.42$17,020
Nov 1999291023.192.43$6,748
Oct 1999442020.982.80$9,273
Sep 1999314021.752.62$6,830
Aug 1999450019.262.88$8,667
Jul 1999445017.892.37$7,961
Jun 1999407015.942.36$6,488
May 1999393015.792.32$6,205
Apr 1999457015.102.21$6,901
Mar 1999466012.471.84$5,811
Feb 199941709.981.82$4,162
Jan 1999462010.381.90$4,796
Dec 199844709.201.77$4,112
Nov 1998392010.892.19$4,269
Oct 1998389012.421.97$4,831
Sep 1998307012.592.08$3,865
Aug 1998397011.301.91$4,486
Jul 1998388011.742.24$4,555
Jun 1998424011.242.24$4,766
May 1998301012.622.21$3,799
Apr 1998495013.042.51$6,455
Mar 1998464012.802.31$5,939
Feb 1998423013.952.30$5,901
Jan 1998437014.702.15$6,424
Dec 1997593016.322.41$9,678
Nov 1997647018.193.09$11,769
Oct 1997313019.253.15$6,025
Sep 1997318017.742.95$5,641
Aug 1997489017.862.55$8,734
Jul 1997466017.582.25$8,192
Jun 1997410017.242.26$7,068
May 1997471018.972.31$8,935
Apr 1997492017.882.08$8,797
Mar 1997420018.951.94$7,959
Feb 1997426020.492.21$8,729
Jan 1997479023.483.54$11,247
Dec 1996486023.32$11,334
Nov 1996466021.97$10,238
Oct 1996513023.31$11,958
Sep 1996552022.22$12,265
Aug 1996370020.26$7,496
Jul 1996504019.55$9,853
Jun 1996524018.73$9,815
May 1996488019.43$9,482
Apr 1996465021.51$10,002
Mar 1996471019.38$9,128
Feb 1996401016.98$6,809
Jan 1996466017.07$7,955
Dec 1995409017.19$7,031
Nov 1995360016.00$5,760
Oct 1995364015.43$5,617
Sep 1995366016.18$5,922
Aug 1995388015.92$6,177
Jul 1995342015.24$5,212
Jun 1995449016.41$7,368
May 1995346017.56$6,076
Apr 1995232017.73$4,113
Mar 1995264016.44$4,340
Feb 1995181016.58$3,001
Jan 1995229015.92$3,646
Dec 1994230015.03$3,457
Nov 1994217115.90$3,450
Oct 1994248115.58$3,864
Sep 1994211115.29$3,226
Aug 1994281116.13$4,533
Jul 1994225117.56$3,951
Jun 1994226117.09$3,862
May 1994267115.88$4,240
Apr 1994373114.14$5,274
Mar 1994261112.46$3,252
Feb 19940012.50$0
Jan 1994424112.66$5,368
Dec 1993499112.33$6,153
Nov 1993419114.49$6,071
Oct 1993477115.85$7,560
Sep 1993370115.03$5,561
Aug 1993485115.66$7,595
Jul 1993395115.46$6,107
Jun 1993472116.79$7,925
May 1993510117.68$9,017
Apr 1993570118.05$10,289
Mar 1993487118.14$8,834
Feb 1993449117.90$8,037
Jan 1993491116.93$8,313

Not filed, and not zero: Nov 2012. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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 2011 — as filed, then multipliedworked
Oil                    1 bbl  × $ 84.98 =        $85
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                      $85

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/1676 is the state's own key, not one this site invented.