KING, A. P. ACCT. #2

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 1677District 06Field 88207001OilCasinghead gasSave
Value, all time
$2.0 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

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
OilDisposition106,378 bbl$1,996,593
Casinghead gasProduction22 Mcf$0
Total$1,996,593

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 (14)

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 33.3532, -95.1226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.5 miles. 1 well has no surveyed location and is left out of it.

33.35126, -95.11955 · centre of 13 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
85.7%
12 of 14 wells
With a plug date
71.4%
10 of 14 wells
Median depth
4,316 ft
13 wells filed one
Completion to plug
25.8 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
1285.7%
A plug date is filed
1071.4%
BothOn the schedule and plugged. Neither fact cancels the other.
1071.4%
NeitherNo plug date, and not on the schedule.
214.3%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 14 wells. Median 4,316 ft, with the middle half between 4,307 and 4,395 ft; the shallowest is 3,450 ft and the deepest 4,450 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

30s
40s
50s
60s
70s
80s
90s
00s
10s

Last completion by decade, 8 of 14 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
8 of 14 wells; 6 filed none
Plug dates filed
May 1986 – Feb 2007
10 of 14 wells; 4 filed none

Last completion to plug: a median of 25.8 years across the 5 wells that filed both dates, with the middle half between 24.8 years and 28.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

14 wells

42-15900378464,314 ftJul 1995Yes
42-15900379474,316 ftJul 1995Yes
42-15900381494,309 ftJul 1995Yes
42-15900383514,307 ftJul 1995Yes
42-1598007223Yes
42-44980275164,317 ftMay 1986Yes
42-449304813S3,450 ftMay 2015
42-44900016374,321 ftMay 2013Yes
42-44930099974,413 ftDec 1985
42-44900018424,302 ftMar 1984May 2005Yes
42-159302871134,450 ftMar 1982Dec 2006Yes
42-44930054954,400 ftAug 1978Feb 2007Yes
42-44900017674,395 ftSep 1977Jun 2003Yes
42-44900026364,297 ftApr 1937Jun 2003Yes

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 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20042045.286.33$91
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20043034.475.86$103
Mar 2004113034.365.53$3,883
Feb 2004314032.455.51$10,189
Jan 2004444032.036.30$14,221
Dec 2003401030.266.30$12,134
Nov 2003169028.804.60$4,867
Oct 2003225028.174.76$6,338
Sep 2003365026.314.75$9,603
Aug 2003418029.765.13$12,440
Jul 2003373029.415.17$10,970
Jun 2003398028.565.98$11,367
May 2003413026.595.97$10,982
Apr 2003397026.675.41$10,588
Mar 2003404031.146.10$12,581
Feb 2003358033.487.93$11,986
Jan 2003608030.315.58$18,428
Dec 2002112026.914.85$3,014
Nov 2002366024.664.14$9,026
Oct 2002391026.464.23$10,346
Sep 2002410027.443.64$11,250
Aug 2002759025.963.16$19,704
Jul 2002793024.583.06$19,492
Jun 2002817023.733.34$19,387
May 2002870024.663.58$21,454
Apr 2002691023.653.51$16,342
Mar 2002761022.003.10$16,742
Feb 20021,317018.222.38$23,996
Jan 20023,296017.172.38$56,592
Dec 2001646016.932.36$10,937
Nov 2001289018.072.41$5,222
Oct 2001345019.782.53$6,824
Sep 2001295024.262.25$7,157
Aug 2001329024.873.05$8,182
Jul 2001315023.933.20$7,538
Jun 2001170024.563.82$4,175
May 2001325025.524.31$8,294
Apr 2001362024.685.34$8,934
Mar 2001262024.545.38$6,429
Feb 2001198027.755.77$5,495
Jan 2001411027.478.40$11,290
Dec 2000378026.889.12$10,161
Nov 2000525032.215.66$16,910
Oct 2000370031.235.15$11,555
Sep 2000282031.875.19$8,987
Aug 2000444029.644.54$13,160
Jul 2000379028.534.09$10,813
Jun 2000638029.304.40$18,693
May 2000341027.263.68$9,296
Apr 2000508024.513.12$12,451
Mar 2000509028.422.86$14,466
Feb 2000409027.622.73$11,297
Jan 2000487025.272.48$12,306
Dec 1999609024.282.42$14,787
Nov 1999220023.192.43$5,102
Oct 1999335020.982.80$7,028
Sep 1999216021.752.62$4,698
Aug 1999415019.262.88$7,993
Jul 1999369017.892.37$6,601
Jun 1999380015.942.36$6,057
May 1999387015.792.32$6,111
Apr 1999345015.102.21$5,210
Mar 1999360012.471.84$4,489
Feb 199937409.981.82$3,733
Jan 1999380010.381.90$3,944
Dec 199821409.201.77$1,969
Nov 1998386010.892.19$4,204
Oct 1998439012.421.97$5,452
Sep 1998445012.592.08$5,603
Aug 1998458011.301.91$5,175
Jul 1998414011.742.24$4,860
Jun 1998442011.242.24$4,968
May 1998395012.622.21$4,985
Apr 1998438013.042.51$5,712
Mar 1998399012.802.31$5,107
Feb 1998352013.952.30$4,910
Jan 1998420014.702.15$6,174
Dec 1997449016.322.41$7,328
Nov 1997386018.193.09$7,021
Oct 1997637019.253.15$12,262
Sep 1997797017.742.95$14,139
Aug 1997748017.862.55$13,359
Jul 1997774017.582.25$13,607
Jun 1997823017.242.26$14,189
May 19971,051018.972.31$19,937
Apr 19971,002017.882.08$17,916
Mar 19971,009018.951.94$19,121
Feb 1997858020.492.21$17,580
Jan 1997927023.483.54$21,766
Dec 1996994023.32$23,180
Nov 1996780021.97$17,137
Oct 1996965023.31$22,494
Sep 1996898022.22$19,954
Aug 1996895020.26$18,133
Jul 19961,048019.55$20,488
Jun 1996965018.73$18,074
May 19961,054019.43$20,479
Apr 1996990021.51$21,295
Mar 19961,047019.38$20,291
Feb 1996955016.98$16,216
Jan 19961,048017.07$17,889
Dec 1995996017.19$17,121
Nov 1995921016.00$14,736
Oct 19951,025015.43$15,816
Sep 19951,034016.18$16,730
Aug 19951,050015.92$16,716
Jul 1995995015.24$15,164
Jun 19951,190016.41$19,528
May 19951,300017.56$22,828
Apr 19951,040017.73$18,439
Mar 19951,073016.44$17,640
Feb 1995991016.58$16,431
Jan 19951,330015.92$21,174
Dec 19941,086015.03$16,323
Nov 1994922115.90$14,660
Oct 19941,011115.58$15,751
Sep 1994933115.29$14,266
Aug 19941,074116.13$17,324
Jul 1994928117.56$16,296
Jun 1994987117.09$16,868
May 19941,064115.88$16,896
Apr 19941,323114.14$18,707
Mar 1994845112.46$10,529
Feb 19940012.50$0
Jan 19941,869112.66$23,662
Dec 19932,015112.33$24,845
Nov 19931,989114.49$28,821
Oct 19931,683115.85$26,676
Sep 19931,584115.03$23,808
Aug 19931,987115.66$31,116
Jul 19931,348115.46$20,840
Jun 19931,945116.79$32,657
May 19932,764117.68$48,868
Apr 19932,792118.05$50,396
Mar 19932,796118.14$50,719
Feb 19932,405117.90$43,050
Jan 19932,586116.93$43,781

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.

Nov 2004 — as filed, then multipliedworked
Oil                    2 bbl  × $ 45.28 =        $91
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                      $91

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/1677 is the state's own key, not one this site invented.