KING

Name: KING lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the SULPHUR DRAW (DEAN 8790) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23131District 08Field 87073333Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Oct 2015

Value, last 12 filed months

at the published price for each month

Months reported

274

no gaps in the span

Streams

oil, casinghead gas

The SULPHUR DRAW (DEAN 8790) 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 122 leases and 183 wells, and the rule below applies to all of them.

Discovered

1966-05-18

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

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: “OPTIONAL 80 ACRE, DIAG. 3250”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Oil	Disposition	61,987 bbl	$1,870,110
Casinghead gas	Production	144,875 Mcf	$365,367
Total			$2,235,477

60,550 Mcf of this lease's gas, across 48 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 32.4543, -101.9041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.45428, -101.90408 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

9,353 ft

2 wells filed one

Completion to plug

34.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 9,280 and 9,425 ft, median 9,353 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1974 – Feb 1983

2 of 2 wells

Plug dates filed

Dec 2010 – Oct 2015

2 of 2 wells

Last completion to plug: a median of 34.7 years across the 2 wells that filed both dates, with the middle half between 31.3 years and 38.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31732618	2	9,425 ft	Feb 1983	Dec 2010	Yes
42-31731093	1	9,280 ft	Apr 1974	Oct 2015	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 (274)

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

274 months


Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	52	0	94.14	4.52	$4,895
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	3	0	105.96	4.33	$318
Mar 2011	168	0	96.36	4.06	$16,188
Feb 2011	24	0	85.64	4.18	$2,055
Jan 2011	9	0	86.50	4.59	$779
Dec 2010	18	7	85.73	4.35	$1,574
Nov 2010	1	11	80.84	3.80	$123
Oct 2010	0	97	78.10	3.51	$340
Sep 2010	3	119	72.63	3.98	$691
Aug 2010	0	170	73.68	4.42	$751
Jul 2010	0	120	72.55	4.74	$568
Jun 2010	169	95	70.36	4.91	$12,357
May 2010	0	52	71.12	4.24	$220
Apr 2010	174	100	81.69	4.12	$14,626
Mar 2010	172	139	78.39	4.39	$14,093
Feb 2010	175	112	73.58	5.44	$13,486
Jan 2010	164	100	74.36	5.96	$12,791
Dec 2009	171	124	71.44	5.48	$12,896
Nov 2009	0	121	74.59	3.75	$454
Oct 2009	161	151	72.54	4.11	$12,300
Sep 2009	159	101	65.54	3.06	$10,730
Aug 2009	162	0	67.42	3.22	$10,922
Jul 2009	1	7	61.13	3.46	$85
Jun 2009	143	0	66.16	3.90	$9,461
May 2009	173	25	54.74	3.93	$9,568
Apr 2009	177	31	46.77	3.59	$8,390
Mar 2009	151	79	42.14	4.06	$6,684
Feb 2009	0	40	32.81	4.63	$185
Jan 2009	173	14	35.86	5.37	$6,279
Dec 2008	155	21	37.10	5.98	$5,876
Nov 2008	161	19	55.49	6.86	$9,064
Oct 2008	172	0	75.24	6.92	$12,941
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	164	0	114.22	8.48	$18,732
Jul 2008	170	0	131.08	11.39	$22,284
Jun 2008	171	45	131.33	13.03	$23,044
May 2008	166	70	123.17	11.57	$21,256
Apr 2008	173	8	110.31	10.45	$19,167
Mar 2008	172	17	101.90	9.66	$17,691
Feb 2008	0	13	92.53	8.77	$114
Jan 2008	176	103	90.38	8.21	$16,752
Dec 2007	184	56	88.33	7.30	$16,662
Nov 2007	179	57	91.67	7.29	$16,825
Oct 2007	0	59	82.85	6.92	$408
Sep 2007	170	57	75.84	6.24	$13,249
Aug 2007	173	49	69.06	6.39	$12,260
Jul 2007	173	56	70.90	6.39	$12,623
Jun 2007	0	58	62.00	7.55	$438
May 2007	337	0	58.74	7.85	$19,795
Apr 2007	0	89	59.61	7.81	$695
Mar 2007	176	84	56.92	7.30	$10,631
Feb 2007	175	82	55.10	8.22	$10,316
Jan 2007	173	72	50.30	6.73	$9,186
Dec 2006	0	214	56.65	6.92	$1,481
Nov 2006	354	544	54.20	7.62	$23,331
Oct 2006	347	403	54.90	6.01	$21,474
Sep 2006	353	548	60.08	5.04	$23,969
Aug 2006	346	632	68.71	7.34	$28,412
Jul 2006	174	636	69.37	6.34	$16,104
Jun 2006	512	578	66.28	6.38	$37,625
May 2006	173	606	66.01	6.42	$15,313
Apr 2006	173	598	64.39	7.36	$15,541
Mar 2006	357	595	56.70	7.08	$24,456
Feb 2006	177	523	57.59	7.75	$14,247
Jan 2006	333	590	60.59	8.93	$25,447
Dec 2005	483	577	54.94	13.42	$34,277
Nov 2005	356	582	54.69	10.59	$25,632
Oct 2005	177	612	58.34	13.80	$18,769
Sep 2005	353	607	61.45	12.08	$29,024
Aug 2005	342	563	61.51	9.80	$26,552
Jul 2005	176	636	55.69	7.84	$14,790
Jun 2005	344	602	52.33	7.38	$22,445
May 2005	345	587	45.22	6.65	$19,505
Apr 2005	168	573	49.20	7.36	$12,483
Mar 2005	352	573	50.37	7.15	$21,830
Feb 2005	345	452	45.22	6.31	$18,454
Jan 2005	173	531	43.16	6.32	$10,824
Dec 2004	522	571	39.86	6.75	$24,662
Nov 2004	167	555	45.28	6.33	$11,075
Oct 2004	171	611	49.70	6.52	$12,479
Sep 2004	321	619	43.24	5.28	$17,151
Aug 2004	511	649	42.37	5.55	$25,253
Jul 2004	344	444	38.28	6.08	$15,870
Jun 2004	0	1	36.10	6.43	$6
May 2004	342	484	37.48	6.49	$15,962
Apr 2004	245	538	34.47	5.86	$11,597
Mar 2004	312	547	34.36	5.53	$13,745
Feb 2004	526	486	32.45	5.51	$19,746
Jan 2004	0	571	32.03	6.30	$3,597
Dec 2003	490	588	30.26	6.30	$18,533
Nov 2003	1	437	28.80	4.60	$2,037
Oct 2003	347	607	28.17	4.76	$12,664
Sep 2003	347	567	26.31	4.75	$11,822
Aug 2003	175	632	29.76	5.13	$8,450
Jul 2003	161	590	29.41	5.17	$7,786
Jun 2003	513	553	28.56	5.98	$17,960
May 2003	0	180	26.59	5.97	$1,075
Apr 2003	177	571	26.67	5.41	$7,808
Mar 2003	333	607	31.14	6.10	$14,070
Feb 2003	159	483	33.48	7.93	$9,152
Jan 2003	325	454	30.31	5.58	$12,385
Dec 2002	325	514	26.91	4.85	$11,241
Nov 2002	98	516	24.66	4.14	$4,551
Oct 2002	255	541	26.46	4.23	$9,035
Sep 2002	168	565	27.44	3.64	$6,664
Aug 2002	328	569	25.96	3.16	$10,315
Jul 2002	172	554	24.58	3.06	$5,924
Jun 2002	347	742	23.73	3.34	$10,711
May 2002	337	770	24.66	3.58	$11,070
Apr 2002	335	655	23.65	3.51	$10,223
Mar 2002	334	748	22.00	3.10	$9,669
Feb 2002	469	646	18.22	2.38	$10,080
Jan 2002	340	682	17.17	2.38	$7,458
Dec 2001	357	733	16.93	2.36	$7,777
Nov 2001	351	722	18.07	2.41	$8,079
Oct 2001	344	741	19.78	2.53	$8,678
Sep 2001	332	789	24.26	2.25	$9,831
Aug 2001	353	809	24.87	3.05	$11,249
Jul 2001	346	790	23.93	3.20	$10,805
Jun 2001	486	757	24.56	3.82	$14,831
May 2001	170	724	25.52	4.31	$7,457
Apr 2001	518	723	24.68	5.34	$16,642
Mar 2001	345	575	24.54	5.38	$11,558
Feb 2001	344	501	27.75	5.77	$12,435
Jan 2001	366	583	27.47	8.40	$14,951
Dec 2000	517	608	26.88	9.12	$19,443
Nov 2000	173	682	32.21	5.66	$9,431
Oct 2000	322	742	31.23	5.15	$13,874
Sep 2000	324	793	31.87	5.19	$14,439
Aug 2000	342	847	29.64	4.54	$13,983
Jul 2000	340	846	28.53	4.09	$13,160
Jun 2000	343	816	29.30	4.40	$13,638
May 2000	338	805	27.26	3.68	$12,176
Apr 2000	343	663	24.51	3.12	$10,473
Mar 2000	284	415	28.42	2.86	$9,258
Feb 2000	0	436	27.62	2.73	$1,189
Jan 2000	300	392	25.27	2.48	$8,553
Dec 1999	254	556	24.28	2.42	$7,515
Nov 1999	242	754	23.19	2.43	$7,447
Oct 1999	228	652	20.98	2.80	$6,611
Sep 1999	247	774	21.75	2.62	$7,399
Aug 1999	484	949	19.26	2.88	$12,051
Jul 1999	250	941	17.89	2.37	$6,705
Jun 1999	360	948	15.94	2.36	$7,978
May 1999	516	948	15.79	2.32	$10,348
Apr 1999	252	920	15.10	2.21	$5,837
Mar 1999	491	801	12.47	1.84	$7,595
Feb 1999	206	654	9.98	1.82	$3,245
Jan 1999	478	819	10.38	1.90	$6,518
Dec 1998	468	878	9.20	1.77	$5,863
Nov 1998	261	902	10.89	2.19	$4,814
Oct 1998	247	998	12.42	1.97	$5,033
Sep 1998	256	880	12.59	2.08	$5,056
Aug 1998	519	1,029	11.30	1.91	$7,827
Jul 1998	212	1,043	11.74	2.24	$4,822
Jun 1998	514	1,017	11.24	2.24	$8,053
May 1998	502	1,038	12.62	2.21	$8,625
Apr 1998	227	972	13.04	2.51	$5,395
Mar 1998	702	1,006	12.80	2.31	$11,309
Feb 1998	0	696	13.95	2.30	$1,600
Jan 1998	263	706	14.70	2.15	$5,387
Dec 1997	267	835	16.32	2.41	$6,371
Nov 1997	482	903	18.19	3.09	$11,556
Oct 1997	211	1,049	19.25	3.15	$7,366
Sep 1997	491	1,080	17.74	2.95	$11,902
Aug 1997	254	0	17.86	2.55	$4,536
Jul 1997	528	1,016	17.58	2.25	$11,565
Jun 1997	269	1,082	17.24	2.26	$7,080
May 1997	266	1,074	18.97	2.31	$7,525
Apr 1997	528	1,006	17.88	2.08	$11,536
Mar 1997	262	1,020	18.95	1.94	$6,943
Feb 1997	271	891	20.49	2.21	$7,518
Jan 1997	516	957	23.48	3.54	$15,503
Dec 1996	474	1,030	23.32	—	$11,054
Nov 1996	250	991	21.97	—	$5,493
Oct 1996	214	1,114	23.31	—	$4,988
Sep 1996	207	981	22.22	—	$4,600
Aug 1996	455	1,132	20.26	—	$9,218
Jul 1996	392	1,231	19.55	—	$7,664
Jun 1996	174	1,180	18.73	—	$3,259
May 1996	411	965	19.43	—	$7,986
Apr 1996	258	1,123	21.51	—	$5,550
Mar 1996	262	1,120	19.38	—	$5,078
Feb 1996	484	1,091	16.98	—	$8,218
Jan 1996	206	1,131	17.07	—	$3,516
Dec 1995	466	1,130	17.19	—	$8,011
Nov 1995	261	1,178	16.00	—	$4,176
Oct 1995	539	1,367	15.43	—	$8,317
Sep 1995	273	1,449	16.18	—	$4,417
Aug 1995	525	1,631	15.92	—	$8,358
Jul 1995	265	952	15.24	—	$4,039
Jun 1995	269	1,095	16.41	—	$4,414
May 1995	266	1,363	17.56	—	$4,671
Apr 1995	271	1,474	17.73	—	$4,805
Mar 1995	508	1,462	16.44	—	$8,352
Feb 1995	267	1,302	16.58	—	$4,427
Jan 1995	511	1,379	15.92	—	$8,135
Dec 1994	536	1,325	15.03	—	$8,056
Nov 1994	271	1,332	15.90	—	$4,309
Oct 1994	530	1,484	15.58	—	$8,257
Sep 1994	265	1,524	15.29	—	$4,052
Aug 1994	512	1,647	16.13	—	$8,259
Jul 1994	514	1,665	17.56	—	$9,026
Jun 1994	424	1,614	17.09	—	$7,246
May 1994	489	1,452	15.88	—	$7,765
Apr 1994	254	1,451	14.14	—	$3,592
Mar 1994	482	1,432	12.46	—	$6,006
Feb 1994	242	1,262	12.50	—	$3,025
Jan 1994	498	1,315	12.66	—	$6,305
Dec 1993	495	1,289	12.33	—	$6,103
Nov 1993	456	1,335	14.49	—	$6,607
Oct 1993	507	843	15.85	—	$8,036
Sep 1993	250	1,179	15.03	—	$3,758
Aug 1993	471	1,180	15.66	—	$7,376
Jul 1993	504	1,337	15.46	—	$7,792
Jun 1993	490	1,227	16.79	—	$8,227
May 1993	252	1,154	17.68	—	$4,455
Apr 1993	497	1,136	18.05	—	$8,971
Mar 1993	594	1,074	18.14	—	$10,775
Feb 1993	359	962	17.90	—	$6,426
Jan 1993	492	1,460	16.93	—	$8,330

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 2011 — as filed, then multipliedworked

Oil                   52 bbl  × $ 94.14 =     $4,895
Casinghead gas         0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $4,895

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/23131 is the state's own key, not one this site invented.