KING "E"

Name: KING "E" lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the AZALEA (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198927District 08Field 04605222CondensateGasSave Export

Value, all time

$3.8 M

Aug 2003 – Mar 2018

Value, last 12 filed months

at the published price for each month

Months reported

176

no gaps in the span

Streams

condensate, gas

The AZALEA (DEVONIAN) field

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 244 leases and 262 wells, and the rule below applies to all of them.

Discovered

1957-03-02

as the register files it

Field class

Oil and 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 2002-03-01.

The Commission's schedule remark for this field reads: “PSUEDO RULES FRO HORIZONTALS”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	9,198 bbl	$650,586
Gas	Production	559,304 Mcf	$3,168,333
Total			$3,818,918

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 31.9949, -101.9321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99487, -101.93215 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,576 ft

1 wells filed one

Completion to plug

41.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 11,576 ft.

Completions filed

Mar 1977

1 of 1 wells

Plug dates filed

Mar 2018

1 of 1 wells

Last completion to plug: a median of 41.0 years across the 1 well that filed both dates, with the middle half between 41.0 years and 41.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32900563	1	11,576 ft	Mar 1977	Mar 2018	Yes

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 (176)

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

176 months


Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	28	0	42.52	1.99	$1,191
Apr 2016	85	976	36.56	1.99	$5,051
Mar 2016	69	1,317	33.01	1.79	$4,640
Feb 2016	101	1,329	26.47	2.06	$5,416
Jan 2016	105	1,297	27.35	2.36	$5,938
Dec 2015	109	1,472	32.36	2.00	$6,473
Nov 2015	92	1,398	38.79	2.17	$6,599
Oct 2015	70	1,297	43.55	2.43	$6,196
Sep 2015	71	1,574	42.99	2.76	$7,394
Aug 2015	93	1,599	40.16	2.87	$8,328
Jul 2015	92	1,945	48.15	2.95	$10,158
Jun 2015	80	1,708	56.15	2.88	$9,416
May 2015	86	1,675	55.21	2.96	$9,698
Apr 2015	71	1,119	49.82	2.71	$6,566
Mar 2015	85	1,596	42.89	2.93	$8,329
Feb 2015	95	1,289	44.66	2.98	$8,079
Jan 2015	155	1,869	43.43	3.10	$12,527
Dec 2014	188	1,144	54.69	3.59	$14,390
Nov 2014	47	620	70.46	4.25	$5,948
Oct 2014	80	1,490	78.30	3.90	$12,076
Sep 2014	78	1,936	86.16	4.05	$14,552
Aug 2014	51	1,935	89.39	4.04	$12,367
Jul 2014	86	2,124	96.56	4.18	$17,182
Jun 2014	64	1,886	98.16	4.74	$15,216
May 2014	62	2,279	94.73	4.73	$16,645
Apr 2014	74	2,130	95.94	4.81	$17,343
Mar 2014	64	2,673	95.89	5.06	$19,654
Feb 2014	66	3,688	97.40	6.19	$29,265
Jan 2014	81	5,133	90.40	4.86	$32,272
Dec 2013	58	5,301	91.82	4.35	$28,409
Nov 2013	44	4,520	88.85	3.74	$20,806
Oct 2013	56	2,903	97.42	3.78	$16,427
Sep 2013	49	2,690	104.11	3.72	$15,102
Aug 2013	41	2,948	104.25	3.52	$14,659
Jul 2013	39	3,053	102.52	3.72	$15,349
Jun 2013	54	3,232	94.40	3.93	$17,810
May 2013	46	3,884	94.83	4.15	$20,477
Apr 2013	58	4,560	93.96	4.28	$24,978
Mar 2013	57	4,743	93.62	3.91	$23,895
Feb 2013	51	4,291	91.23	3.42	$19,328
Jan 2013	61	4,287	91.60	3.42	$20,249
Dec 2012	82	4,584	86.77	3.42	$22,793
Nov 2012	61	3,627	86.95	3.62	$18,452
Oct 2012	70	2,395	89.38	3.40	$14,399
Sep 2012	51	2,271	94.67	2.92	$11,456
Aug 2012	55	2,465	92.66	2.91	$12,265
Jul 2012	54	2,655	85.13	3.02	$12,617
Jun 2012	64	3,010	79.82	2.52	$12,691
May 2012	44	2,817	91.61	2.49	$11,040
Apr 2012	57	2,328	101.65	2.00	$10,443
Mar 2012	41	2,148	105.05	2.22	$9,080
Feb 2012	41	2,869	101.10	2.57	$11,519
Jan 2012	58	4,073	98.09	2.73	$16,825
Dec 2011	68	4,683	96.87	3.24	$21,759
Nov 2011	48	2,691	95.72	3.31	$13,505
Oct 2011	53	3,659	84.98	3.65	$17,854
Sep 2011	43	2,851	83.62	3.99	$14,959
Aug 2011	46	3,214	83.40	4.15	$17,172
Jul 2011	62	3,539	94.14	4.52	$21,823
Jun 2011	48	3,171	92.90	4.64	$19,172
May 2011	61	3,826	98.13	4.40	$22,839
Apr 2011	60	3,707	105.96	4.33	$22,421
Mar 2011	73	3,769	96.36	4.06	$22,326
Feb 2011	60	4,126	85.64	4.18	$22,385
Jan 2011	72	4,372	86.50	4.59	$26,290
Dec 2010	85	4,022	85.73	4.35	$24,774
Nov 2010	56	1,706	80.84	3.80	$11,002
Oct 2010	72	2,446	78.10	3.51	$14,206
Sep 2010	72	3,033	72.63	3.98	$17,299
Aug 2010	57	3,125	73.68	4.42	$18,010
Jul 2010	71	3,234	72.55	4.74	$20,469
Jun 2010	74	2,727	70.36	4.91	$18,597
May 2010	77	2,603	71.12	4.24	$16,501
Apr 2010	93	2,851	81.69	4.12	$19,351
Mar 2010	48	3,226	78.39	4.39	$17,921
Feb 2010	88	2,909	73.58	5.44	$22,307
Jan 2010	58	3,926	74.36	5.96	$27,728
Dec 2009	69	4,610	71.44	5.48	$30,209
Nov 2009	82	4,773	74.59	3.75	$24,022
Oct 2009	82	4,810	72.54	4.11	$25,719
Sep 2009	69	4,626	65.54	3.06	$18,700
Aug 2009	68	4,520	67.42	3.22	$19,132
Jul 2009	81	4,836	61.13	3.46	$21,706
Jun 2009	69	4,735	66.16	3.90	$23,008
May 2009	83	4,348	54.74	3.93	$21,613
Apr 2009	77	4,879	46.77	3.59	$21,105
Mar 2009	62	4,679	42.14	4.06	$21,605
Feb 2009	44	4,445	32.81	4.63	$22,037
Jan 2009	63	4,978	35.86	5.37	$28,996
Dec 2008	55	4,605	37.10	5.98	$29,565
Nov 2008	0	4,459	55.49	6.86	$30,590
Oct 2008	10	4,498	75.24	6.92	$31,887
Sep 2008	61	4,238	101.76	7.88	$39,590
Aug 2008	103	5,158	114.22	8.48	$55,520
Jul 2008	68	5,162	131.08	11.39	$67,706
Jun 2008	84	4,979	131.33	13.03	$75,921
May 2008	77	5,380	123.17	11.57	$71,754
Apr 2008	82	5,233	110.31	10.45	$63,756
Mar 2008	51	5,139	101.90	9.66	$54,861
Feb 2008	60	4,848	92.53	8.77	$48,072
Jan 2008	68	4,830	90.38	8.21	$45,780
Dec 2007	65	4,716	88.33	7.30	$40,178
Nov 2007	53	4,674	91.67	7.29	$38,940
Oct 2007	71	4,799	82.85	6.92	$39,101
Sep 2007	58	4,209	75.84	6.24	$30,680
Aug 2007	73	4,743	69.06	6.39	$35,339
Jul 2007	85	5,200	70.90	6.39	$39,244
Jun 2007	69	4,222	62.00	7.55	$36,148
May 2007	93	4,428	58.74	7.85	$40,206
Apr 2007	74	4,033	59.61	7.81	$35,890
Mar 2007	91	4,614	56.92	7.30	$38,871
Feb 2007	79	3,961	55.10	8.22	$36,896
Jan 2007	82	5,256	50.30	6.73	$39,481
Dec 2006	57	5,435	56.65	6.92	$40,831
Nov 2006	67	2,432	54.20	7.62	$22,157
Oct 2006	55	1,621	54.90	6.01	$12,768
Sep 2006	55	1,505	60.08	5.04	$10,885
Aug 2006	60	3,674	68.71	7.34	$31,089
Jul 2006	47	4,663	69.37	6.34	$32,837
Jun 2006	68	4,610	66.28	6.38	$33,937
May 2006	46	4,813	66.01	6.42	$33,960
Apr 2006	54	4,991	64.39	7.36	$40,213
Mar 2006	63	6,681	56.70	7.08	$50,893
Feb 2006	53	3,142	57.59	7.75	$27,406
Jan 2006	67	5,180	60.59	8.93	$50,334
Dec 2005	60	2,143	54.94	13.42	$32,046
Nov 2005	16	2,466	54.69	10.59	$26,986
Oct 2005	59	2,623	58.34	13.80	$39,628
Sep 2005	50	3,278	61.45	12.08	$42,667
Aug 2005	24	618	61.51	9.80	$7,531
Jul 2005	39	3,103	55.69	7.84	$26,511
Jun 2005	45	4,428	52.33	7.38	$35,038
May 2005	24	5,192	45.22	6.65	$35,618
Apr 2005	26	3,632	49.20	7.36	$28,012
Mar 2005	23	4,020	50.37	7.15	$29,921
Feb 2005	16	2,430	45.22	6.31	$16,061
Jan 2005	21	4,739	43.16	6.32	$30,867
Dec 2004	0	5,931	39.86	6.75	$40,041
Nov 2004	0	4,820	45.28	6.33	$30,513
Oct 2004	0	5,558	49.70	6.52	$36,211
Sep 2004	0	5,728	43.24	5.28	$30,266
Aug 2004	0	3,709	42.37	5.55	$20,587
Jul 2004	0	5,325	38.28	6.08	$32,398
Jun 2004	0	5,274	36.10	6.43	$33,928
May 2004	0	5,215	37.48	6.49	$33,869
Apr 2004	0	4,642	34.47	5.86	$27,195
Mar 2004	10	5,525	34.36	5.53	$30,898
Feb 2004	62	5,718	32.45	5.51	$33,516
Jan 2004	44	6,146	32.03	6.30	$40,127
Dec 2003	79	6,058	30.26	6.30	$40,566
Nov 2003	61	5,298	28.80	4.60	$26,102
Oct 2003	56	5,192	28.17	4.76	$26,290
Sep 2003	62	5,588	26.31	4.75	$28,171
Aug 2003	3	4,967	29.76	5.13	$25,569

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 2016 — as filed, then multipliedworked

Condensate            28 bbl  × $ 42.52 =     $1,191
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $1,191

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. 08/G/198927 is the state's own key, not one this site invented.