KING ESTATE

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1712District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$249 k
Jan 1993 – Oct 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition15,283 bbl$248,924
Casinghead gasProduction10,413 Mcf$0
Total$248,924

10,413 Mcf of this lease's gas, across 45 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 (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 32.2763, -102.6591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27630, -102.65906 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,370 ft
1 wells filed one
Completion to plug
61.3 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 4,370 ft.

Completions filed
Dec 1946
1 of 1 wells
Plug dates filed
Mar 2008
1 of 1 wells

Last completion to plug: a median of 61.3 years across the 1 well that filed both dates, with the middle half between 61.3 years and 61.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0030075414,370 ftDec 1946Mar 2008Yes

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 (190)

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

190 months

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 20040045.286.33$0
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 200445037.486.49$1,687
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20031028.174.76$28
Sep 200393026.314.75$2,447
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000165024.513.12$4,044
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200066025.272.48$1,668
Dec 19990024.282.42$0
Nov 1999170023.192.43$3,942
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999192019.262.88$3,698
Jul 1999156017.892.37$2,791
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998182011.742.24$2,137
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997283017.862.55$5,054
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19961806723.31$4,196
Sep 1996011722.22$0
Aug 19963369020.26$6,807
Jul 199605519.55$0
Jun 19960918.73$0
May 19961767719.43$3,420
Apr 199609521.51$0
Mar 1996010219.38$0
Feb 19961911416.98$3,243
Jan 199604117.07$0
Dec 19950017.19$0
Nov 199509016.00$0
Oct 199536517515.43$5,632
Sep 199517710416.18$2,864
Aug 199517812015.92$2,834
Jul 199518019015.24$2,743
Jun 199506716.41$0
May 199552716917.56$9,254
Apr 199518712217.73$3,316
Mar 199537927316.44$6,231
Feb 199533824616.58$5,604
Jan 199537724315.92$6,002
Dec 199455128915.03$8,282
Nov 199449617315.90$7,886
Oct 199418520315.58$2,882
Sep 199417918615.29$2,737
Aug 199452936516.13$8,533
Jul 199452826117.56$9,272
Jun 199434122017.09$5,828
May 199418021515.88$2,858
Apr 199437920614.14$5,359
Mar 199473635112.46$9,171
Feb 199437240012.50$4,650
Jan 199454040712.66$6,836
Dec 199353830612.33$6,634
Nov 1993018314.49$0
Oct 199335133315.85$5,563
Sep 199394356615.03$14,173
Aug 199346958815.66$7,345
Jul 199387440715.46$13,512
Jun 199342648116.79$7,153
May 1993324417.68$53
Apr 199372538018.05$13,086
Mar 199319243118.14$3,483
Feb 199342337517.90$7,572
Jan 199337937716.93$6,416

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 2004 — as filed, then multipliedworked
Oil                   45 bbl  × $ 37.48 =     $1,687
Casinghead gas         0 Mcf  × $  6.49 =         $0

────────────────────────────────────────────────────
Month total                                   $1,687

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/O/1712 is the state's own key, not one this site invented.