GLASS -A-

Operated by KING ENERGY RESOURCES (P-5 465526) in the HERRELL (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40229District 08Field 40751500OilSaveExport
Value, all time
$2.9 M
Oct 2008 – May 2026
Value, last 12 filed months
$147 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
1
oil

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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered
1962-09-22
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The Commission's schedule remark for this field reads: OP. 10 ACRE DIAG. 1250

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
OilDisposition41,217 bbl$2,887,548
Total$2,887,548

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 31.8101, -101.2507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81009, -101.25075 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
1,825 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 1,825 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4313323561,825 ftOct 2008

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 (212)

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

212 months

May 2026167106.413.05$17,770
Apr 202617098.932.87$16,818
Mar 202616789.753.15$14,988
Feb 202618563.503.75$11,748
Jan 202614459.138.00$8,515
Dec 202520556.664.41$11,615
Nov 202516758.593.93$9,785
Oct 202519659.383.30$11,638
Sep 202516562.743.08$10,352
Aug 202520463.933.01$13,042
Jul 202516466.743.32$10,945
Jun 202514566.483.13$9,640
May 202515360.553.23$9,264
Apr 202518462.363.54$11,474
Mar 202516567.704.27$11,171
Feb 202516570.884.34$11,695
Jan 202519874.324.28$14,715
Dec 202419368.993.12$13,315
Nov 202418069.052.20$12,429
Oct 202419971.372.28$14,203
Sep 202416169.612.36$11,207
Aug 202421375.632.06$16,109
Jul 202420379.932.15$16,226
Jun 202421378.082.63$16,631
May 202420378.812.20$15,998
Apr 202420284.451.66$17,059
Mar 202420480.301.55$16,381
Feb 202420776.091.78$15,751
Jan 202421073.023.30$15,334
Dec 202321171.262.61$15,036
Nov 202320477.892.81$15,890
Oct 202317385.443.09$14,781
Sep 202320989.042.74$18,609
Aug 202316780.522.67$13,447
Jul 202320974.852.64$15,644
Jun 202324768.962.26$17,033
May 202320870.622.23$14,689
Apr 202316778.122.24$13,046
Mar 202336972.852.39$26,882
Feb 202333575.112.47$25,162
Jan 202317176.533.39$13,087
Dec 202219776.415.73$15,053
Nov 202225085.005.65$21,250
Oct 202216687.185.86$14,472
Sep 202216784.888.16$14,175
Aug 202216894.529.13$15,879
Jul 2022207101.587.54$21,027
Jun 2022208115.097.98$23,939
May 2022212109.378.43$23,186
Apr 2022171104.226.84$17,822
Mar 2022164108.885.08$17,856
Feb 202216191.054.86$14,659
Jan 202221281.844.54$17,350
Dec 202120171.323.90$14,335
Nov 202121077.435.24$16,260
Oct 202116379.795.71$13,006
Sep 202120169.865.35$14,042
Aug 202124366.024.22$16,043
Jul 202121370.783.98$15,076
Jun 202120369.493.38$14,106
May 202124363.483.02$15,426
Apr 202119960.362.76$12,012
Mar 202121261.302.72$12,996
Feb 202112857.805.55$7,398
Jan 202117250.412.81$8,671
Dec 202022444.642.68$9,999
Nov 202012538.772.71$4,846
Oct 202021136.972.48$7,801
Sep 202017037.091.99$6,305
Aug 202017039.982.39$6,797
Jul 202025338.371.83$9,708
Jun 202012734.901.69$4,432
May 2020016.921.81$0
Apr 20208514.751.80$1,254
Mar 202017030.341.86$5,158
Feb 202025249.881.98$12,570
Jan 202025457.252.09$14,542
Dec 201925459.012.30$14,989
Nov 201925255.302.75$13,936
Oct 201921053.472.42$11,229
Sep 201924955.052.66$13,707
Aug 201924953.112.30$13,224
Jul 201929356.272.46$16,487
Jun 201924952.782.49$13,142
May 201916658.482.74$9,708
Apr 201920862.632.75$13,027
Mar 201929756.803.06$16,870
Feb 201921050.852.79$10,679
Jan 201925246.033.23$11,600
Dec 20188646.594.19$4,007
Nov 201834152.934.24$18,049
Oct 201821361.443.40$13,087
Sep 201829659.543.11$17,624
Aug 201829159.403.07$17,285
Jul 201816965.142.93$11,009
Jun 201821060.183.08$12,638
May 201825365.382.90$16,541
Apr 201821463.842.90$13,662
Mar 201829561.222.79$18,060
Feb 201816961.782.77$10,441
Jan 201821962.874.01$13,769
Dec 201721557.272.92$12,313
Nov 201721155.423.12$11,694
Oct 201721549.292.98$10,597
Sep 201716947.523.09$8,031
Aug 201725245.373.00$11,433
Jul 201721243.873.09$9,300
Jun 201726242.493.09$11,132
May 201726445.373.26$11,978
Apr 201730647.933.21$14,667
Mar 201729846.772.98$13,937
Feb 201721550.452.95$10,847
Jan 201726449.413.42$13,044
Dec 201635048.763.72$17,066
Nov 201621542.492.64$9,135
Oct 201621746.193.09$10,023
Sep 201621441.553.10$8,892
Aug 201617341.442.92$7,169
Jul 201621241.622.92$8,823
Jun 201621645.352.69$9,796
May 201625742.521.99$10,928
Apr 201625136.561.99$9,177
Mar 201625133.011.79$8,286
Feb 201621026.472.06$5,559
Jan 201629527.352.36$8,068
Dec 201530532.362.00$9,870
Nov 201517138.792.17$6,633
Oct 201525343.552.43$11,018
Sep 201529942.992.76$12,854
Aug 201525440.162.87$10,201
Jul 201529648.152.95$14,252
Jun 201521456.152.88$12,016
May 201517255.212.96$9,496
Apr 201525149.822.71$12,505
Mar 201521442.892.93$9,178
Feb 201517744.662.98$7,905
Jan 201522143.433.10$9,598
Dec 201417654.693.59$9,625
Nov 20148270.464.25$5,778
Oct 201412778.303.90$9,944
Sep 201416486.164.05$14,130
Aug 201429889.394.04$26,638
Jul 201421596.564.18$20,760
Jun 201421598.164.74$21,104
May 201429894.734.73$28,230
Apr 201430095.944.81$28,782
Mar 201430195.895.06$28,863
Feb 201412797.406.19$12,370
Jan 201434290.404.86$30,917
Dec 201321391.824.35$19,558
Nov 201329888.853.74$26,477
Oct 201334297.423.78$33,318
Sep 2013298104.113.72$31,025
Aug 2013377104.253.52$39,302
Jul 2013254102.523.72$26,040
Jun 201326094.403.93$24,544
May 201333194.834.15$31,389
Apr 201325793.964.28$24,148
Mar 201330393.623.91$28,367
Feb 201334291.233.42$31,201
Jan 201325991.603.42$23,724
Dec 201221786.773.42$18,829
Nov 201221486.953.62$18,607
Oct 201221389.383.40$19,038
Sep 201229994.672.92$28,306
Aug 201220792.662.91$19,181
Jul 201229285.133.02$24,858
Jun 201221579.822.52$17,161
May 201229891.612.49$27,300
Apr 2012339101.652.00$34,459
Mar 2012174105.052.22$18,279
Feb 201290101.102.57$9,099
Jan 20128798.092.73$8,534
Dec 201121696.873.24$20,924
Nov 201128895.723.31$27,567
Oct 201120984.983.65$17,761
Sep 201132883.623.99$27,427
Aug 201129983.404.15$24,937
Jul 201129294.144.52$27,489
Jun 201125292.904.64$23,411
May 201137698.134.40$36,897
Apr 2011196105.964.33$20,768
Mar 201129796.364.06$28,619
Feb 201117285.644.18$14,730
Jan 201132486.504.59$28,026
Dec 201021485.734.35$18,346
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0

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 2026 — as filed, then multipliedworked
Oil                  167 bbl  × $106.41 =    $17,770

────────────────────────────────────────────────────
Month total                                  $17,770

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/40229 is the state's own key, not one this site invented.