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 198934District 08Field 04605222CondensateGasSave Export

Value, all time

$2.4 M

Aug 2003 – Jun 2022

Value, last 12 filed months

at the published price for each month

Months reported

227

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	11,679 bbl	$784,986
Gas	Production	348,289 Mcf	$1,615,174
Total			$2,400,160

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 31.9999, -101.9248. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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

11,623 ft

1 wells filed one

Completion to plug

45.3 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 11,623 ft.

Completions filed

Mar 1977

1 of 1 wells

Plug dates filed

Jun 2022

1 of 1 wells

Last completion to plug: a median of 45.3 years across the 1 well that filed both dates, with the middle half between 45.3 years and 45.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32900618	2 D	11,623 ft	Mar 1977	Jun 2022	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 (227)

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

227 months


Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	8	0	38.37	1.83	$307
Jun 2020	25	1,801	34.90	1.69	$3,917
May 2020	26	3,837	16.92	1.81	$7,403
Apr 2020	34	3,587	14.75	1.80	$6,974
Mar 2020	47	3,773	30.34	1.86	$8,430
Feb 2020	30	2,214	49.88	1.98	$5,882
Jan 2020	31	3,053	57.25	2.09	$8,170
Dec 2019	46	2,368	59.01	2.30	$8,171
Nov 2019	34	72	55.30	2.75	$2,078
Oct 2019	46	58	53.47	2.42	$2,600
Sep 2019	64	2,524	55.05	2.66	$10,230
Aug 2019	77	3,272	53.11	2.30	$11,629
Jul 2019	67	3,105	56.27	2.46	$11,409
Jun 2019	69	3,003	52.78	2.49	$11,123
May 2019	82	3,130	58.48	2.74	$13,373
Apr 2019	77	3,039	62.63	2.75	$13,182
Mar 2019	82	3,007	56.80	3.06	$13,865
Feb 2019	79	2,664	50.85	2.79	$11,456
Jan 2019	81	3,060	46.03	3.23	$13,607
Dec 2018	100	3,205	46.59	4.19	$18,073
Nov 2018	83	2,961	52.93	4.24	$16,940
Oct 2018	68	2,870	61.44	3.40	$13,930
Sep 2018	60	2,759	59.54	3.11	$12,147
Aug 2018	64	2,855	59.40	3.07	$12,557
Jul 2018	64	2,750	65.14	2.93	$12,232
Jun 2018	76	2,288	60.18	3.08	$11,614
May 2018	79	2,657	65.38	2.90	$12,872
Apr 2018	81	2,546	63.84	2.90	$12,556
Mar 2018	67	2,345	61.22	2.79	$10,637
Feb 2018	49	1,958	61.78	2.77	$8,443
Jan 2018	57	2,177	62.87	4.01	$12,312
Dec 2017	54	2,420	57.27	2.92	$10,163
Nov 2017	56	2,317	55.42	3.12	$10,329
Oct 2017	55	2,582	49.29	2.98	$10,415
Sep 2017	53	2,572	47.52	3.09	$10,459
Aug 2017	73	2,712	45.37	3.00	$11,460
Jul 2017	48	2,154	43.87	3.09	$8,756
Jun 2017	71	1,640	42.49	3.09	$8,080
May 2017	70	1,329	45.37	3.26	$7,513
Apr 2017	68	1,330	47.93	3.21	$7,531
Mar 2017	84	1,356	46.77	2.98	$7,975
Feb 2017	65	1,060	50.45	2.95	$6,409
Jan 2017	63	1,149	49.41	3.42	$7,041
Dec 2016	67	1,438	48.76	3.72	$8,620
Nov 2016	56	1,334	42.49	2.64	$5,907
Oct 2016	61	1,396	46.19	3.09	$7,132
Sep 2016	57	1,499	41.55	3.10	$7,016
Aug 2016	86	1,785	41.44	2.92	$8,784
Jul 2016	81	1,666	41.62	2.92	$8,243
Jun 2016	95	2,182	45.35	2.69	$10,169
May 2016	98	2,284	42.52	1.99	$8,715
Apr 2016	87	865	36.56	1.99	$4,903
Mar 2016	83	819	33.01	1.79	$4,209
Feb 2016	93	864	26.47	2.06	$4,245
Jan 2016	105	847	27.35	2.36	$4,874
Dec 2015	109	887	32.36	2.00	$5,302
Nov 2015	92	989	38.79	2.17	$5,712
Oct 2015	70	852	43.55	2.43	$5,116
Sep 2015	71	810	42.99	2.76	$5,287
Aug 2015	93	772	40.16	2.87	$5,952
Jul 2015	92	932	48.15	2.95	$7,175
Jun 2015	80	868	56.15	2.88	$6,994
May 2015	86	1,050	55.21	2.96	$7,851
Apr 2015	69	617	49.82	2.71	$5,108
Mar 2015	70	830	42.89	2.93	$5,438
Feb 2015	47	750	44.66	2.98	$4,331
Jan 2015	78	1,003	43.43	3.10	$6,497
Dec 2014	134	559	54.69	3.59	$9,336
Nov 2014	39	289	70.46	4.25	$3,977
Oct 2014	58	658	78.30	3.90	$7,108
Sep 2014	68	894	86.16	4.05	$9,476
Aug 2014	47	916	89.39	4.04	$7,898
Jul 2014	63	860	96.56	4.18	$9,678
Jun 2014	39	765	98.16	4.74	$7,452
May 2014	42	1,015	94.73	4.73	$8,776
Apr 2014	49	948	95.94	4.81	$9,260
Mar 2014	43	1,126	95.89	5.06	$9,817
Feb 2014	44	1,528	97.40	6.19	$13,747
Jan 2014	57	2,104	90.40	4.86	$15,380
Dec 2013	54	1,879	91.82	4.35	$13,140
Nov 2013	44	1,584	88.85	3.74	$9,831
Oct 2013	56	1,047	97.42	3.78	$9,413
Sep 2013	49	1,106	104.11	3.72	$9,213
Aug 2013	41	1,212	104.25	3.52	$8,544
Jul 2013	39	1,200	102.52	3.72	$8,460
Jun 2013	54	1,223	94.40	3.93	$9,908
May 2013	46	1,470	94.83	4.15	$10,461
Apr 2013	58	1,775	93.96	4.28	$13,051
Mar 2013	57	1,862	93.62	3.91	$12,622
Feb 2013	51	1,685	91.23	3.42	$10,415
Jan 2013	61	1,737	91.60	3.42	$11,528
Dec 2012	82	1,860	86.77	3.42	$13,477
Nov 2012	61	1,472	86.95	3.62	$10,640
Oct 2012	70	1,061	89.38	3.40	$9,864
Sep 2012	52	1,012	94.67	2.92	$7,876
Aug 2012	61	1,110	92.66	2.91	$8,880
Jul 2012	75	1,278	85.13	3.02	$10,245
Jun 2012	89	1,449	79.82	2.52	$10,754
May 2012	62	1,386	91.61	2.49	$9,129
Apr 2012	80	1,206	101.65	2.00	$10,540
Mar 2012	56	1,113	105.05	2.22	$8,356
Feb 2012	47	1,408	101.10	2.57	$8,371
Jan 2012	58	1,917	98.09	2.73	$10,930
Dec 2011	71	2,204	96.87	3.24	$14,018
Nov 2011	66	1,279	95.72	3.31	$10,553
Oct 2011	79	1,747	84.98	3.65	$13,087
Sep 2011	65	1,362	83.62	3.99	$10,864
Aug 2011	69	1,640	83.40	4.15	$12,559
Jul 2011	92	1,819	94.14	4.52	$16,878
Jun 2011	71	1,570	92.90	4.64	$13,881
May 2011	92	1,828	98.13	4.40	$17,080
Apr 2011	90	1,771	105.96	4.33	$17,211
Mar 2011	109	1,819	96.36	4.06	$17,884
Feb 2011	91	2,062	85.64	4.18	$16,412
Jan 2011	101	2,186	86.50	4.59	$18,768
Dec 2010	96	1,527	85.73	4.35	$14,869
Nov 2010	56	535	80.84	3.80	$6,558
Oct 2010	72	773	78.10	3.51	$8,336
Sep 2010	72	944	72.63	3.98	$8,986
Aug 2010	57	968	73.68	4.42	$8,478
Jul 2010	71	1,146	72.55	4.74	$10,579
Jun 2010	74	1,172	70.36	4.91	$10,962
May 2010	77	1,001	71.12	4.24	$9,716
Apr 2010	93	1,004	81.69	4.12	$11,736
Mar 2010	48	879	78.39	4.39	$7,620
Feb 2010	88	1,013	73.58	5.44	$11,988
Jan 2010	58	1,327	74.36	5.96	$12,227
Dec 2009	69	1,533	71.44	5.48	$13,336
Nov 2009	82	1,591	74.59	3.75	$12,085
Oct 2009	82	1,689	72.54	4.11	$12,890
Sep 2009	69	1,682	65.54	3.06	$9,677
Aug 2009	68	1,643	67.42	3.22	$9,873
Jul 2009	81	1,759	61.13	3.46	$11,046
Jun 2009	69	1,649	66.16	3.90	$10,988
May 2009	83	1,482	54.74	3.93	$10,361
Apr 2009	77	1,608	46.77	3.59	$9,370
Mar 2009	62	1,499	42.14	4.06	$8,697
Feb 2009	44	1,417	32.81	4.63	$8,009
Jan 2009	65	1,590	35.86	5.37	$10,871
Dec 2008	92	1,739	37.10	5.98	$13,807
Nov 2008	50	1,585	55.49	6.86	$13,648
Oct 2008	51	1,599	75.24	6.92	$14,905
Sep 2008	45	1,374	101.76	7.88	$15,402
Aug 2008	69	1,615	114.22	8.48	$21,581
Jul 2008	45	1,572	131.08	11.39	$23,803
Jun 2008	56	1,513	131.33	13.03	$27,073
May 2008	56	1,634	123.17	11.57	$25,810
Apr 2008	70	1,564	110.31	10.45	$24,073
Mar 2008	51	1,514	101.90	9.66	$19,828
Feb 2008	60	1,429	92.53	8.77	$18,085
Jan 2008	68	1,541	90.38	8.21	$18,791
Dec 2007	65	1,560	88.33	7.30	$17,133
Nov 2007	53	1,546	91.67	7.29	$16,131
Oct 2007	71	1,892	82.85	6.92	$18,979
Sep 2007	57	1,745	75.84	6.24	$15,219
Aug 2007	65	1,366	69.06	6.39	$13,215
Jul 2007	85	1,513	70.90	6.39	$15,691
Jun 2007	69	1,512	62.00	7.55	$15,691
May 2007	93	1,771	58.74	7.85	$19,359
Apr 2007	74	1,613	59.61	7.81	$17,001
Mar 2007	91	1,846	56.92	7.30	$18,659
Feb 2007	79	1,584	55.10	8.22	$17,367
Jan 2007	81	1,873	50.30	6.73	$16,674
Dec 2006	57	1,850	56.65	6.92	$16,028
Nov 2006	67	4,090	54.20	7.62	$34,787
Oct 2006	55	5,240	54.90	6.01	$34,532
Sep 2006	55	4,868	60.08	5.04	$27,825
Aug 2006	60	2,579	68.71	7.34	$23,052
Jul 2006	47	1,770	69.37	6.34	$14,487
Jun 2006	60	1,749	66.28	6.38	$15,142
May 2006	28	1,652	66.01	6.42	$12,462
Apr 2006	31	1,640	64.39	7.36	$14,067
Mar 2006	53	2,058	56.70	7.08	$17,582
Feb 2006	37	931	57.59	7.75	$9,347
Jan 2006	11	1,782	60.59	8.93	$16,586
Dec 2005	2	775	54.94	13.42	$10,507
Nov 2005	10	813	54.69	10.59	$9,155
Oct 2005	15	800	58.34	13.80	$11,912
Sep 2005	21	1,000	61.45	12.08	$13,369
Aug 2005	50	2,820	61.51	9.80	$30,703
Jul 2005	48	2,884	55.69	7.84	$25,294
Jun 2005	37	1,635	52.33	7.38	$14,004
May 2005	2	2,040	45.22	6.65	$13,659
Apr 2005	0	1,437	49.20	7.36	$10,577
Mar 2005	0	1,590	50.37	7.15	$11,376
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	3	1,875	43.16	6.32	$11,984
Dec 2004	0	2,345	39.86	6.75	$15,831
Nov 2004	0	1,724	45.28	6.33	$10,914
Oct 2004	0	2,187	49.70	6.52	$14,249
Sep 2004	0	1,969	43.24	5.28	$10,404
Aug 2004	0	1,288	42.37	5.55	$7,149
Jul 2004	0	1,833	38.28	6.08	$11,152
Jun 2004	0	2,185	36.10	6.43	$14,056
May 2004	0	2,051	37.48	6.49	$13,320
Apr 2004	0	1,846	34.47	5.86	$10,815
Mar 2004	0	2,226	34.36	5.53	$12,310
Feb 2004	0	1,989	32.45	5.51	$10,959
Jan 2004	0	2,086	32.03	6.30	$13,141
Dec 2003	0	2,301	30.26	6.30	$14,500
Nov 2003	0	1,906	28.80	4.60	$8,758
Oct 2003	0	2,242	28.17	4.76	$10,671
Sep 2003	0	2,236	26.31	4.75	$10,620
Aug 2003	0	2,167	29.76	5.13	$11,116

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.

Jul 2020 — as filed, then multipliedworked

Condensate             8 bbl  × $ 38.37 =       $307
Gas                    0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                     $307

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/198934 is the state's own key, not one this site invented.