KING "E"

Name: KING "E" lease production and value, Jan 1993 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.

Oil lease lease 24445District 08Field 04605222NGPA filingOilCasinghead gasSave Export

Value, all time

$853 k

Jan 1993 – Aug 2009

Value, last 12 filed months

at the published price for each month

Months reported

200

no gaps in the span

Streams

oil, casinghead 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”

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	20,112 bbl	$358,358
Casinghead gas	Production	313,386 Mcf	$494,649
Total			$853,007

203,672 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 (3)

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 32.0024, -101.9314. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

32.00362, -101.93472 · centre of 2 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

11,623 ft

3 wells filed one

Completion to plug

41.0 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 11,576 and 11,800 ft, median 11,623 ft, over the 3 wells that filed a depth.

Completions filed

Mar 1977 – Jan 1983

3 of 3 wells

Plug dates filed

Jul 2009 – Jun 2022

3 of 3 wells

Last completion to plug: a median of 41.0 years across the 3 wells that filed both dates, with the middle half between 33.8 years and 43.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-32931114	4	11,800 ft	Jan 1983	Jul 2009	Yes
42-32900563	1	11,576 ft	Mar 1977	Mar 2018	Yes
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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	24	0	39.86	6.75	$957
Nov 2004	11	0	45.28	6.33	$498
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	14	7,282	29.41	5.17	$38,066
Jun 2003	43	6,940	28.56	5.98	$42,750
May 2003	63	6,619	26.59	5.97	$41,208
Apr 2003	5	7,530	26.67	5.41	$40,850
Mar 2003	2	7,956	31.14	6.10	$48,562
Feb 2003	10	7,508	33.48	7.93	$59,842
Jan 2003	11	7,393	30.31	5.58	$41,601
Dec 2002	35	7,453	26.91	4.85	$37,117
Nov 2002	52	404	24.66	4.14	$2,954
Oct 2002	51	438	26.46	4.23	$3,202
Sep 2002	54	395	27.44	3.64	$2,918
Aug 2002	52	293	25.96	3.16	$2,277
Jul 2002	18	223	24.58	3.06	$1,125
Jun 2002	38	207	23.73	3.34	$1,593
May 2002	69	335	24.66	3.58	$2,902
Apr 2002	66	406	23.65	3.51	$2,987
Mar 2002	66	491	22.00	3.10	$2,975
Feb 2002	96	501	18.22	2.38	$2,939
Jan 2002	76	562	17.17	2.38	$2,640
Dec 2001	117	482	16.93	2.36	$3,120
Nov 2001	100	491	18.07	2.41	$2,988
Oct 2001	73	472	19.78	2.53	$2,638
Sep 2001	96	476	24.26	2.25	$3,401
Aug 2001	47	571	24.87	3.05	$2,912
Jul 2001	88	577	23.93	3.20	$3,951
Jun 2001	64	598	24.56	3.82	$3,859
May 2001	139	776	25.52	4.31	$6,890
Apr 2001	109	744	24.68	5.34	$6,660
Mar 2001	122	774	24.54	5.38	$7,155
Feb 2001	83	614	27.75	5.77	$5,844
Jan 2001	101	638	27.47	8.40	$8,133
Dec 2000	42	370	26.88	9.12	$4,504
Nov 2000	13	141	32.21	5.66	$1,217
Oct 2000	96	660	31.23	5.15	$6,394
Sep 2000	89	537	31.87	5.19	$5,622
Aug 2000	64	476	29.64	4.54	$4,058
Jul 2000	112	614	28.53	4.09	$5,706
Jun 2000	124	842	29.30	4.40	$7,336
May 2000	196	994	27.26	3.68	$9,001
Apr 2000	130	897	24.51	3.12	$5,981
Mar 2000	87	478	28.42	2.86	$3,840
Feb 2000	95	490	27.62	2.73	$3,960
Jan 2000	81	537	25.27	2.48	$3,379
Dec 1999	100	546	24.28	2.42	$3,751
Nov 1999	86	523	23.19	2.43	$3,267
Oct 1999	101	570	20.98	2.80	$3,717
Sep 1999	123	549	21.75	2.62	$4,113
Aug 1999	64	554	19.26	2.88	$2,826
Jul 1999	133	713	17.89	2.37	$4,071
Jun 1999	106	879	15.94	2.36	$3,766
May 1999	180	969	15.79	2.32	$5,091
Apr 1999	106	907	15.10	2.21	$3,603
Mar 1999	175	779	12.47	1.84	$3,614
Feb 1999	82	639	9.98	1.82	$1,980
Jan 1999	109	665	10.38	1.90	$2,395
Dec 1998	209	1,045	9.20	1.77	$3,776
Nov 1998	160	1,044	10.89	2.19	$4,024
Oct 1998	193	1,213	12.42	1.97	$4,786
Sep 1998	193	1,042	12.59	2.08	$4,600
Aug 1998	179	1,038	11.30	1.91	$4,003
Jul 1998	119	938	11.74	2.24	$3,496
Jun 1998	209	1,282	11.24	2.24	$5,217
May 1998	199	1,290	12.62	2.21	$5,358
Apr 1998	211	1,181	13.04	2.51	$5,710
Mar 1998	205	966	12.80	2.31	$4,855
Feb 1998	127	857	13.95	2.30	$3,742
Jan 1998	185	1,025	14.70	2.15	$4,928
Dec 1997	184	1,034	16.32	2.41	$5,496
Nov 1997	127	965	18.19	3.09	$5,290
Oct 1997	184	1,015	19.25	3.15	$6,739
Sep 1997	158	1,147	17.74	2.95	$6,192
Aug 1997	169	1,066	17.86	2.55	$5,742
Jul 1997	159	1,084	17.58	2.25	$5,231
Jun 1997	228	1,274	17.24	2.26	$6,806
May 1997	190	1,273	18.97	2.31	$6,543
Apr 1997	137	809	17.88	2.08	$4,135
Mar 1997	156	592	18.95	1.94	$4,104
Feb 1997	149	581	20.49	2.21	$4,335
Jan 1997	136	475	23.48	3.54	$4,875
Dec 1996	202	506	23.32	—	$4,711
Nov 1996	134	487	21.97	—	$2,944
Oct 1996	204	1,034	23.31	—	$4,755
Sep 1996	163	857	22.22	—	$3,622
Aug 1996	218	1,385	20.26	—	$4,417
Jul 1996	176	1,146	19.55	—	$3,441
Jun 1996	208	1,709	18.73	—	$3,896
May 1996	320	1,599	19.43	—	$6,218
Apr 1996	260	2,444	21.51	—	$5,593
Mar 1996	272	1,506	19.38	—	$5,271
Feb 1996	284	2,288	16.98	—	$4,822
Jan 1996	209	944	17.07	—	$3,568
Dec 1995	221	1,476	17.19	—	$3,799
Nov 1995	303	1,358	16.00	—	$4,848
Oct 1995	488	3,022	15.43	—	$7,530
Sep 1995	448	1,964	16.18	—	$7,249
Aug 1995	340	3,243	15.92	—	$5,413
Jul 1995	617	2,773	15.24	—	$9,403
Jun 1995	239	1,755	16.41	—	$3,922
May 1995	398	2,172	17.56	—	$6,989
Apr 1995	219	2,180	17.73	—	$3,883
Mar 1995	149	478	16.44	—	$2,450
Feb 1995	98	571	16.58	—	$1,625
Jan 1995	152	395	15.92	—	$2,420
Dec 1994	85	554	15.03	—	$1,278
Nov 1994	206	457	15.90	—	$3,275
Oct 1994	161	537	15.58	—	$2,508
Sep 1994	219	455	15.29	—	$3,349
Aug 1994	273	1,592	16.13	—	$4,403
Jul 1994	212	1,563	17.56	—	$3,723
Jun 1994	203	608	17.09	—	$3,469
May 1994	246	1,508	15.88	—	$3,906
Apr 1994	80	978	14.14	—	$1,131
Mar 1994	433	10,682	12.46	—	$5,395
Feb 1994	281	10,817	12.50	—	$3,513
Jan 1994	0	9,969	12.66	—	$0
Dec 1993	466	12,253	12.33	—	$5,746
Nov 1993	0	11,553	14.49	—	$0
Oct 1993	0	8,636	15.85	—	$0
Sep 1993	438	8,358	15.03	—	$6,583
Aug 1993	0	11,736	15.66	—	$0
Jul 1993	460	11,111	15.46	—	$7,112
Jun 1993	0	11,368	16.79	—	$0
May 1993	453	11,337	17.68	—	$8,009
Apr 1993	0	11,242	18.05	—	$0
Mar 1993	475	11,152	18.14	—	$8,617
Feb 1993	0	8,876	17.90	—	$0
Jan 1993	444	9,038	16.93	—	$7,517

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.

Dec 2004 — as filed, then multipliedworked

Oil                   24 bbl  × $ 39.86 =       $957
Casinghead gas         0 Mcf  × $  6.75 =         $0

────────────────────────────────────────────────────
Month total                                     $957

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/24445 is the state's own key, not one this site invented.