KING, ROBERT A.

Operated by EOG RESOURCES, INC. (P-5 253162) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221939District 09Field 65280200GasSaveExport
Value, all time
$1.2 M
Nov 2005 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
79
no gaps in the span
Streams
1
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
GasProduction164,570 Mcf$1,220,373
Total$1,220,373

Every month this lease reported (79)

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

79 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20111486.504.59$64
Dec 2010085.734.35$0
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 20101,15570.364.91$5,672
May 20102,51471.124.24$10,647
Apr 20101,96981.694.12$8,118
Mar 20101,51078.394.39$6,627
Feb 20103,00073.585.44$16,327
Jan 20102,48274.365.96$14,803
Dec 20091,94971.445.48$10,688
Nov 20092,14574.593.75$8,047
Oct 20092,23472.544.11$9,182
Sep 20092,63965.543.06$8,088
Aug 20092,56667.423.22$8,259
Jul 20091,96461.133.46$6,804
Jun 20092,85466.163.90$11,116
May 20093,13154.743.93$12,292
Apr 20093,07546.773.59$11,032
Mar 20092,97842.144.06$12,088
Feb 20092,58832.814.63$11,990
Jan 20093,56135.865.37$19,126
Dec 20082,92037.105.98$17,453
Nov 20083,46055.496.86$23,737
Oct 20082,52675.246.92$17,485
Sep 20083,616101.767.88$28,484
Aug 20083,911114.228.48$33,177
Jul 20084,423131.0811.39$50,375
Jun 20081,933131.3313.03$25,192
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 200888101.909.66$850
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007569.066.39$32
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 20071,22950.306.73$8,267
Dec 20062,64456.656.92$18,292
Nov 20063,69154.207.62$28,116
Oct 20064,59554.906.01$27,633
Sep 20064,18860.085.04$21,096
Aug 20063,14268.717.34$23,062
Jul 20065,57969.376.34$35,386
Jun 20065,42166.286.38$34,607
May 20064,42566.016.42$28,431
Apr 20069,72564.397.36$71,581
Mar 20067,37456.707.08$52,229
Feb 20068,77957.597.75$68,047
Jan 200614,40160.598.93$128,649
Dec 200518,57454.9413.42$249,178
Nov 20053,59354.6910.59$38,044

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.

Jan 2011 — as filed, then multipliedworked
Gas                   14 Mcf  × $  4.59 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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. 09/G/221939 is the state's own key, not one this site invented.