KING, J. M.

Operated by BLUESTEM ENERGY HOLDINGS, LLC (P-5 76862) in the AZALEA (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20694District 08Field 04605444Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2013
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
245
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 24 leases and 70 wells, and the rule below applies to all of them.

Discovered
1967-10-19
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 10 acres. The field rule took effect on 2014-12-09.

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: PRODUCTION.

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
OilDisposition60,872 bbl$2,254,066
Casinghead gasProduction35 Mcf$0
Total$2,254,066

35 Mcf of this lease's gas, across 35 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 (2)

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 31.9922, -101.9270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.99219, -101.92704 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,191 ft
2 wells filed one
Completion to plug
14.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 4,150 and 4,231 ft, median 4,191 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1967 – Nov 1970
2 of 2 wells
Plug dates filed
Jun 1982
1 of 2 wells; 1 filed none

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-329300581 R4,150 ftNov 1970
42-3292002214,231 ftSep 1967Jun 1982Yes

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 (245)

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

245 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012240089.383.40$21,451
Sep 2012153094.672.92$14,485
Aug 2012154092.662.91$14,270
Jul 2012297085.133.02$25,284
Jun 2012145079.822.52$11,574
May 2012158091.612.49$14,474
Apr 20123080101.652.00$31,308
Mar 20121210105.052.22$12,711
Feb 201200101.102.57$0
Jan 2012157098.092.73$15,400
Dec 2011139096.873.24$13,465
Nov 2011274095.723.31$26,227
Oct 2011151084.983.65$12,832
Sep 2011326083.623.99$27,260
Aug 2011162083.404.15$13,511
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011138098.134.40$13,542
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111086.504.59$87
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201074078.103.51$5,779
Sep 201087072.633.98$6,319
Aug 20101073.684.42$74
Jul 20100072.554.74$0
Jun 2010143070.364.91$10,061
May 2010141071.124.24$10,028
Apr 2010156081.694.12$12,744
Mar 2010282078.394.39$22,106
Feb 2010166073.585.44$12,214
Jan 2010315074.365.96$23,423
Dec 2009323071.445.48$23,075
Nov 2009167074.593.75$12,457
Oct 2009162072.544.11$11,751
Sep 2009324065.543.06$21,235
Aug 2009143067.423.22$9,641
Jul 2009295061.133.46$18,033
Jun 2009158066.163.90$10,453
May 2009157054.743.93$8,594
Apr 2009168046.773.59$7,857
Mar 2009163042.144.06$6,869
Feb 2009160032.814.63$5,250
Jan 2009158035.865.37$5,666
Dec 2008148037.105.98$5,491
Nov 2008295055.496.86$16,370
Oct 2008321075.246.92$24,152
Sep 20083200101.767.88$32,563
Aug 20081620114.228.48$18,504
Jul 20084820131.0811.39$63,181
Jun 20081610131.3313.03$21,144
May 20083270123.1711.57$40,277
Apr 20083190110.3110.45$35,189
Mar 20081610101.909.66$16,406
Feb 2008313092.538.77$28,962
Jan 2008322090.388.21$29,102
Dec 2007314088.337.30$27,736
Nov 2007119091.677.29$10,909
Oct 2007332082.856.92$27,506
Sep 2007304075.846.24$23,055
Aug 2007160069.066.39$11,050
Jul 2007318070.906.39$22,546
Jun 20070062.007.55$0
May 2007309058.747.85$18,151
Apr 2007170059.617.81$10,134
Mar 2007166056.927.30$9,449
Feb 2007170055.108.22$9,367
Jan 20070050.306.73$0
Dec 2006132056.656.92$7,478
Nov 2006178054.207.62$9,648
Oct 2006322054.906.01$17,678
Sep 2006175060.085.04$10,514
Aug 2006167068.717.34$11,475
Jul 20060069.376.34$0
Jun 2006143066.286.38$9,478
May 2006242066.016.42$15,974
Apr 2006334064.397.36$21,506
Mar 2006337056.707.08$19,108
Feb 2006342057.597.75$19,696
Jan 2006171060.598.93$10,361
Dec 2005425054.9413.42$23,350
Nov 2005346054.6910.59$18,923
Oct 2005176058.3413.80$10,268
Sep 2005173061.4512.08$10,631
Aug 2005159061.519.80$9,780
Jul 2005410055.697.84$22,833
Jun 2005156052.337.38$8,163
May 2005300045.226.65$13,566
Apr 2005297049.207.36$14,612
Mar 2005295050.377.15$14,859
Feb 2005282045.226.31$12,752
Jan 2005295043.166.32$12,732
Dec 2004163039.866.75$6,497
Nov 2004245045.286.33$11,094
Oct 2004411049.706.52$20,427
Sep 2004123043.245.28$5,319
Aug 2004401042.375.55$16,990
Jul 2004276038.286.08$10,565
Jun 2004317036.106.43$11,444
May 2004290037.486.49$10,869
Apr 2004239034.475.86$8,238
Mar 2004353034.365.53$12,129
Feb 2004296032.455.51$9,605
Jan 2004142032.036.30$4,548
Dec 2003270030.266.30$8,170
Nov 2003327028.804.60$9,418
Oct 2003223028.174.76$6,282
Sep 2003423026.314.75$11,129
Aug 2003294029.765.13$8,749
Jul 2003362029.415.17$10,646
Jun 2003262028.565.98$7,483
May 2003122026.595.97$3,244
Apr 2003299026.675.41$7,974
Mar 2003283031.146.10$8,813
Feb 2003326033.487.93$10,914
Jan 2003334030.315.58$10,124
Dec 2002337026.914.85$9,069
Nov 2002317024.664.14$7,817
Oct 2002327026.464.23$8,652
Sep 2002165027.443.64$4,528
Aug 2002298025.963.16$7,736
Jul 2002342024.583.06$8,406
Jun 2002170023.733.34$4,034
May 2002311024.663.58$7,669
Apr 2002335023.653.51$7,923
Mar 2002329022.003.10$7,238
Feb 2002321018.222.38$5,849
Jan 2002321017.172.38$5,512
Dec 2001385016.932.36$6,518
Nov 2001336018.072.41$6,072
Oct 20010019.782.53$0
Sep 2001161024.262.25$3,906
Aug 2001154024.873.05$3,830
Jul 2001327023.933.20$7,825
Jun 2001166024.563.82$4,077
May 2001339025.524.31$8,651
Apr 2001158024.685.34$3,899
Mar 2001325024.545.38$7,976
Feb 2001321027.755.77$8,908
Jan 2001518027.478.40$14,229
Dec 2000164026.889.12$4,408
Nov 2000303032.215.66$9,760
Oct 2000328031.235.15$10,243
Sep 2000299031.875.19$9,529
Aug 2000326029.644.54$9,663
Jul 2000161028.534.09$4,593
Jun 2000315029.304.40$9,230
May 2000261027.263.68$7,115
Apr 2000462024.513.12$11,324
Mar 2000346028.422.86$9,833
Feb 2000159027.622.73$4,392
Jan 2000446025.272.48$11,270
Dec 1999276024.282.42$6,701
Nov 1999298023.192.43$6,911
Oct 1999291020.982.80$6,105
Sep 1999286021.752.62$6,221
Aug 1999329019.262.88$6,337
Jul 1999162017.892.37$2,898
Jun 1999338015.942.36$5,388
May 1999321015.792.32$5,069
Apr 1999323015.102.21$4,877
Mar 1999329012.471.84$4,103
Feb 199932509.981.82$3,244
Jan 1999333010.381.90$3,457
Dec 199816909.201.77$1,555
Nov 1998319010.892.19$3,474
Oct 1998323012.421.97$4,012
Sep 1998325012.592.08$4,092
Aug 1998165011.301.91$1,865
Jul 1998331011.742.24$3,886
Jun 1998152011.242.24$1,708
May 1998324012.622.21$4,089
Apr 1998176013.042.51$2,295
Mar 1998177012.802.31$2,266
Feb 1998326013.952.30$4,548
Jan 1998342014.702.15$5,027
Dec 1997168016.322.41$2,742
Nov 1997325018.193.09$5,912
Oct 1997339019.253.15$6,526
Sep 1997334017.742.95$5,925
Aug 1997340017.862.55$6,072
Jul 1997338017.582.25$5,942
Jun 1997346017.242.26$5,965
May 1997347018.972.31$6,583
Apr 1997172017.882.08$3,075
Mar 1997338018.951.94$6,405
Feb 1997164020.492.21$3,360
Jan 1997329023.483.54$7,725
Dec 1996339023.32$7,905
Nov 1996357021.97$7,843
Oct 1996172023.31$4,009
Sep 1996333022.22$7,399
Aug 1996168020.26$3,404
Jul 1996314019.55$6,139
Jun 1996296018.73$5,544
May 1996160019.43$3,109
Apr 1996319021.51$6,862
Mar 1996317019.38$6,143
Feb 1996318016.98$5,400
Jan 1996327017.07$5,582
Dec 1995331017.19$5,690
Nov 1995335116.00$5,360
Oct 1995161115.43$2,484
Sep 1995359116.18$5,809
Aug 1995337115.92$5,365
Jul 1995330115.24$5,029
Jun 1995350116.41$5,744
May 1995337117.56$5,918
Apr 1995326117.73$5,780
Mar 1995342116.44$5,622
Feb 1995170116.58$2,819
Jan 1995315115.92$5,015
Dec 1994337115.03$5,065
Nov 1994346115.90$5,501
Oct 1994348115.58$5,422
Sep 1994333115.29$5,092
Aug 1994290116.13$4,678
Jul 1994292117.56$5,128
Jun 1994305117.09$5,212
May 1994269115.88$4,272
Apr 1994291114.14$4,115
Mar 1994306112.46$3,813
Feb 1994274112.50$3,425
Jan 1994466112.66$5,900
Dec 1993277112.33$3,415
Nov 1993456114.49$6,607
Oct 1993446115.85$7,069
Sep 1993309115.03$4,644
Aug 1993281115.66$4,400
Jul 1993376115.46$5,813
Jun 1993447116.79$7,505
May 1993311117.68$5,498
Apr 1993463118.05$8,357
Mar 1993301118.14$5,460
Feb 1993298117.90$5,334
Jan 1993326116.93$5,519

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 2012 — as filed, then multipliedworked
Oil                  240 bbl  × $ 89.38 =    $21,451
Casinghead gas         0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $21,451

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/20694 is the state's own key, not one this site invented.