KING "C"

Name: KING "C" 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 SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33118District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$2.4 M

Jan 1993 – Dec 2008

Value, last 12 filed months

$147 k

at the published price for each month

Months reported

192

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	70,224 bbl	$1,946,827
Casinghead gas	Production	126,227 Mcf	$425,425
Total			$2,372,252

37,745 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 (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 32.0134, -101.8988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01340, -101.89883 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,000 ft

1 wells filed one

Completion to plug

17.7 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 9,000 ft.

Completions filed

Feb 1991

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32932343	1	9,000 ft	Feb 1991	Oct 2008	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 (192)

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

192 months


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	109	121	114.22	8.48	$13,476
Jul 2008	0	190	131.08	11.39	$2,164
Jun 2008	0	225	131.33	13.03	$2,932
May 2008	0	133	123.17	11.57	$1,539
Apr 2008	178	560	110.31	10.45	$25,490
Mar 2008	356	671	101.90	9.66	$42,761
Feb 2008	177	570	92.53	8.77	$21,377
Jan 2008	353	708	90.38	8.21	$37,714
Dec 2007	337	688	88.33	7.30	$34,791
Nov 2007	177	680	91.67	7.29	$21,184
Oct 2007	178	691	82.85	6.92	$19,530
Sep 2007	349	657	75.84	6.24	$30,571
Aug 2007	350	719	69.06	6.39	$28,764
Jul 2007	349	510	70.90	6.39	$28,002
Jun 2007	353	692	62.00	7.55	$27,110
May 2007	173	492	58.74	7.85	$14,022
Apr 2007	177	643	59.61	7.81	$15,570
Mar 2007	344	856	56.92	7.30	$25,831
Feb 2007	356	563	55.10	8.22	$24,241
Jan 2007	180	605	50.30	6.73	$13,124
Dec 2006	360	609	56.65	6.92	$24,607
Nov 2006	181	674	54.20	7.62	$14,944
Oct 2006	353	706	54.90	6.01	$23,625
Sep 2006	353	692	60.08	5.04	$24,694
Aug 2006	356	1,009	68.71	7.34	$31,867
Jul 2006	181	1,058	69.37	6.34	$19,267
Jun 2006	180	1,026	66.28	6.38	$18,480
May 2006	358	974	66.01	6.42	$29,890
Apr 2006	359	610	64.39	7.36	$27,606
Mar 2006	537	609	56.70	7.08	$34,761
Feb 2006	181	508	57.59	7.75	$14,361
Jan 2006	0	420	60.59	8.93	$3,752
Dec 2005	358	525	54.94	13.42	$26,712
Nov 2005	355	461	54.69	10.59	$24,296
Oct 2005	180	431	58.34	13.80	$16,447
Sep 2005	314	353	61.45	12.08	$23,559
Aug 2005	360	589	61.51	9.80	$27,914
Jul 2005	181	616	55.69	7.84	$14,912
Jun 2005	355	580	52.33	7.38	$22,858
May 2005	355	589	45.22	6.65	$19,971
Apr 2005	177	578	49.20	7.36	$12,963
Mar 2005	551	614	50.37	7.15	$32,147
Feb 2005	185	376	45.22	6.31	$10,739
Jan 2005	367	548	43.16	6.32	$19,304
Dec 2004	176	528	39.86	6.75	$10,580
Nov 2004	364	577	45.28	6.33	$20,135
Oct 2004	366	655	49.70	6.52	$22,458
Sep 2004	363	625	43.24	5.28	$18,999
Aug 2004	360	600	42.37	5.55	$18,584
Jul 2004	359	672	38.28	6.08	$17,831
Jun 2004	180	639	36.10	6.43	$10,609
May 2004	340	641	37.48	6.49	$16,906
Apr 2004	362	607	34.47	5.86	$16,034
Mar 2004	367	574	34.36	5.53	$15,784
Feb 2004	358	501	32.45	5.51	$14,377
Jan 2004	181	534	32.03	6.30	$9,161
Dec 2003	542	481	30.26	6.30	$19,432
Nov 2003	178	464	28.80	4.60	$7,259
Oct 2003	176	503	28.17	4.76	$7,352
Sep 2003	363	491	26.31	4.75	$11,882
Aug 2003	361	511	29.76	5.13	$13,365
Jul 2003	178	499	29.41	5.17	$7,815
Jun 2003	359	505	28.56	5.98	$13,274
May 2003	183	567	26.59	5.97	$8,252
Apr 2003	355	481	26.67	5.41	$12,069
Mar 2003	361	498	31.14	6.10	$14,277
Feb 2003	182	445	33.48	7.93	$9,620
Jan 2003	362	455	30.31	5.58	$13,512
Dec 2002	182	469	26.91	4.85	$7,174
Nov 2002	359	508	24.66	4.14	$10,955
Oct 2002	359	539	26.46	4.23	$11,779
Sep 2002	182	464	27.44	3.64	$6,681
Aug 2002	180	526	25.96	3.16	$6,337
Jul 2002	351	539	24.58	3.06	$10,278
Jun 2002	359	598	23.73	3.34	$10,515
May 2002	361	566	24.66	3.58	$10,931
Apr 2002	323	524	23.65	3.51	$9,479
Mar 2002	181	523	22.00	3.10	$5,605
Feb 2002	340	431	18.22	2.38	$7,219
Jan 2002	358	496	17.17	2.38	$7,325
Dec 2001	365	499	16.93	2.36	$7,359
Nov 2001	368	392	18.07	2.41	$7,593
Oct 2001	363	494	19.78	2.53	$8,429
Sep 2001	347	451	24.26	2.25	$9,434
Aug 2001	181	612	24.87	3.05	$6,370
Jul 2001	509	614	23.93	3.20	$14,143
Jun 2001	175	568	24.56	3.82	$6,470
May 2001	363	557	25.52	4.31	$11,663
Apr 2001	175	447	24.68	5.34	$6,704
Mar 2001	180	455	24.54	5.38	$6,863
Feb 2001	546	40	27.75	5.77	$15,382
Jan 2001	176	434	27.47	8.40	$8,480
Dec 2000	335	585	26.88	9.12	$14,341
Nov 2000	182	521	32.21	5.66	$8,810
Oct 2000	343	602	31.23	5.15	$13,809
Sep 2000	352	607	31.87	5.19	$14,366
Aug 2000	178	629	29.64	4.54	$8,132
Jul 2000	347	617	28.53	4.09	$12,423
Jun 2000	304	620	29.30	4.40	$11,633
May 2000	533	695	27.26	3.68	$17,087
Apr 2000	348	632	24.51	3.12	$10,499
Mar 2000	166	708	28.42	2.86	$6,742
Feb 2000	347	610	27.62	2.73	$11,247
Jan 2000	341	643	25.27	2.48	$10,212
Dec 1999	533	639	24.28	2.42	$14,490
Nov 1999	514	647	23.19	2.43	$13,494
Oct 1999	176	704	20.98	2.80	$5,666
Sep 1999	347	718	21.75	2.62	$9,428
Aug 1999	343	682	19.26	2.88	$8,567
Jul 1999	361	744	17.89	2.37	$8,223
Jun 1999	345	711	15.94	2.36	$7,179
May 1999	344	767	15.79	2.32	$7,212
Apr 1999	517	729	15.10	2.21	$9,416
Mar 1999	351	766	12.47	1.84	$5,785
Feb 1999	346	694	9.98	1.82	$4,715
Jan 1999	347	668	10.38	1.90	$4,871
Dec 1998	520	708	9.20	1.77	$6,040
Nov 1998	345	677	10.89	2.19	$5,237
Oct 1998	532	710	12.42	1.97	$8,006
Sep 1998	347	746	12.59	2.08	$5,922
Aug 1998	412	774	11.30	1.91	$6,132
Jul 1998	174	615	11.74	2.24	$3,419
Jun 1998	351	815	11.24	2.24	$5,769
May 1998	340	892	12.62	2.21	$6,259
Apr 1998	345	871	13.04	2.51	$6,681
Mar 1998	505	870	12.80	2.31	$8,473
Feb 1998	330	786	13.95	2.30	$6,411
Jan 1998	529	903	14.70	2.15	$9,722
Dec 1997	520	904	16.32	2.41	$10,666
Nov 1997	348	937	18.19	3.09	$9,224
Oct 1997	352	879	19.25	3.15	$9,545
Sep 1997	353	954	17.74	2.95	$9,081
Aug 1997	513	1,075	17.86	2.55	$11,909
Jul 1997	519	1,109	17.58	2.25	$11,616
Jun 1997	350	1,073	17.24	2.26	$8,456
May 1997	693	1,138	18.97	2.31	$15,773
Apr 1997	353	1,085	17.88	2.08	$8,571
Mar 1997	527	1,080	18.95	1.94	$12,081
Feb 1997	340	989	20.49	2.21	$9,148
Jan 1997	503	1,026	23.48	3.54	$15,442
Dec 1996	514	1,071	23.32	—	$11,986
Nov 1996	514	1,098	21.97	—	$11,293
Oct 1996	523	1,127	23.31	—	$12,191
Sep 1996	482	1,131	22.22	—	$10,710
Aug 1996	490	985	20.26	—	$9,927
Jul 1996	507	1,091	19.55	—	$9,912
Jun 1996	678	1,394	18.73	—	$12,699
May 1996	522	1,178	19.43	—	$10,142
Apr 1996	350	746	21.51	—	$7,529
Mar 1996	533	877	19.38	—	$10,330
Feb 1996	519	828	16.98	—	$8,813
Jan 1996	679	850	17.07	—	$11,591
Dec 1995	519	827	17.19	—	$8,922
Nov 1995	520	755	16.00	—	$8,320
Oct 1995	523	909	15.43	—	$8,070
Sep 1995	657	767	16.18	—	$10,630
Aug 1995	526	834	15.92	—	$8,374
Jul 1995	517	875	15.24	—	$7,879
Jun 1995	683	889	16.41	—	$11,208
May 1995	506	930	17.56	—	$8,885
Apr 1995	688	972	17.73	—	$12,198
Mar 1995	683	842	16.44	—	$11,229
Feb 1995	514	737	16.58	—	$8,522
Jan 1995	683	655	15.92	—	$10,873
Dec 1994	344	490	15.03	—	$5,170
Nov 1994	342	586	15.90	—	$5,438
Oct 1994	490	770	15.58	—	$7,634
Sep 1994	682	827	15.29	—	$10,428
Aug 1994	687	852	16.13	—	$11,081
Jul 1994	516	714	17.56	—	$9,061
Jun 1994	507	727	17.09	—	$8,665
May 1994	629	760	15.88	—	$9,989
Apr 1994	682	678	14.14	—	$9,643
Mar 1994	515	658	12.46	—	$6,417
Feb 1994	675	539	12.50	—	$8,438
Jan 1994	508	659	12.66	—	$6,431
Dec 1993	681	488	12.33	—	$8,397
Nov 1993	517	23	14.49	—	$7,491
Oct 1993	341	26	15.85	—	$5,405
Sep 1993	352	23	15.03	—	$5,291
Aug 1993	353	23	15.66	—	$5,528
Jul 1993	363	21	15.46	—	$5,612
Jun 1993	175	21	16.79	—	$2,938
May 1993	2	53	17.68	—	$35
Apr 1993	312	1,107	18.05	—	$5,632
Mar 1993	895	1,797	18.14	—	$16,235
Feb 1993	904	1,660	17.90	—	$16,182
Jan 1993	729	1,875	16.93	—	$12,342

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.

Aug 2008 — as filed, then multipliedworked

Oil                  109 bbl  × $114.22 =    $12,450
Casinghead gas       121 Mcf  × $  8.48 =     $1,026

────────────────────────────────────────────────────
Month total                                  $13,476

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/33118 is the state's own key, not one this site invented.