KING UNIT

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 270749District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Apr 2010 – May 2026
Value, last 12 filed months
$251 k
at the published price for each month
Months reported
194
no gaps in the span
Streams
2
condensate, 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

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112014-05-14208184
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition19,953 bbl$1,523,377
GasProduction1,870,399 Mcf$6,597,357
Total$8,120,734

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 33.6471, -97.5767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.64711, -97.57674 · 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
7,621 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 7,621 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-337342621H7,621 ftMay 2010

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 (194)

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

194 months

May 202605,365106.413.05$16,341
Apr 202605,39598.932.87$15,482
Mar 202605,40189.753.15$17,010
Feb 202604,96963.503.75$18,635
Jan 202605,86259.138.00$46,884
Dec 202505,53356.664.41$24,419
Nov 202505,30958.593.93$20,845
Oct 202505,55459.383.30$18,355
Sep 202505,45662.743.08$16,788
Aug 202505,67063.933.01$17,094
Jul 202505,99966.743.32$19,888
Jun 202506,18166.483.13$19,339
May 202506,34560.553.23$20,509
Apr 202505,32762.363.54$18,874
Mar 202503,50067.704.27$14,939
Feb 202504,94770.884.34$21,474
Jan 202506,62474.324.28$28,342
Dec 202403,37068.993.12$10,519
Nov 202405,83069.052.20$12,817
Oct 202406,12371.372.28$13,969
Sep 202406,03869.612.36$14,276
Aug 202406,11975.632.06$12,627
Jul 202406,65679.932.15$14,288
Jun 202406,51178.082.63$17,150
May 202406,98678.812.20$15,358
Apr 202407,60284.451.66$12,613
Mar 202408,07380.301.55$12,474
Feb 202407,04076.091.78$12,557
Jan 202406,43173.023.30$21,207
Dec 202307,70871.262.61$20,123
Nov 202306,80077.892.81$19,091
Oct 202307,17285.443.09$22,142
Sep 20231587,87789.042.74$35,612
Aug 202308,43180.522.67$22,535
Jul 202319,08674.852.64$24,078
Jun 202319,41968.962.26$21,342
May 202309,89970.622.23$22,049
Apr 202309,09278.122.24$20,346
Mar 2023010,01772.852.39$23,972
Feb 202308,53975.112.47$21,054
Jan 202309,48076.533.39$32,116
Dec 202209,25876.415.73$53,040
Nov 202208,87485.005.65$50,104
Oct 202208,23887.185.86$48,306
Sep 202208,34584.888.16$68,126
Aug 20221589,08194.529.13$97,818
Jul 202209,723101.587.54$73,332
Jun 202208,770115.097.98$69,960
May 202208,694109.378.43$73,317
Apr 202209,594104.226.84$65,600
Mar 202209,104108.885.08$46,216
Feb 202208,84091.054.86$42,952
Jan 202209,76181.844.54$44,292
Dec 2021010,56071.323.90$41,175
Nov 202109,11377.435.24$47,723
Oct 202109,10379.795.71$52,013
Sep 202107,50669.865.35$40,164
Aug 202107,13266.024.22$30,101
Jul 202106,78770.783.98$27,026
Jun 202117,49569.493.38$25,407
May 202109,00563.483.02$27,174
Apr 20211509,18060.362.76$34,376
Mar 2021010,20261.302.72$27,718
Feb 202106,44557.805.55$35,757
Jan 202108,00550.412.81$22,496
Dec 202007,49244.642.68$20,045
Nov 202006,52938.772.71$17,671
Oct 202007,01836.972.48$17,394
Sep 202006,82137.091.99$13,581
Aug 202006,84939.982.39$16,336
Jul 202006,71738.371.83$12,259
Jun 202006,43934.901.69$10,884
May 202006,37716.921.81$11,573
Apr 202005,90214.751.80$10,649
Mar 202006,38230.341.86$11,846
Feb 2020786,78249.881.98$17,324
Jan 202007,52557.252.09$15,763
Dec 201907,98859.012.30$18,407
Nov 201908,04855.302.75$22,138
Oct 20191828,29253.472.42$29,786
Sep 201907,89855.052.66$20,987
Aug 201907,66153.112.30$17,654
Jul 201908,17456.272.46$20,109
Jun 201908,10652.782.49$20,194
May 201908,14458.482.74$22,317
Apr 201908,64462.632.75$23,777
Mar 201909,07056.803.06$27,773
Feb 201907,86950.852.79$21,972
Jan 201908,73646.033.23$28,201
Dec 201809,19646.594.19$38,489
Nov 201809,15652.934.24$38,796
Oct 201809,85461.443.40$33,485
Sep 201809,37959.543.11$29,150
Aug 201809,77459.403.07$29,973
Jul 201809,52465.142.93$27,923
Jun 201807,96660.183.08$24,511
May 201808,13565.382.90$23,598
Apr 201807,92963.842.90$23,000
Mar 20181737,25061.222.79$30,796
Feb 201806,46561.782.77$17,883
Jan 201807,20262.874.01$28,875
Dec 201706,81457.272.92$19,907
Nov 201706,37855.423.12$19,889
Oct 201706,30149.292.98$18,800
Sep 201706,01947.523.09$18,582
Aug 201706,06845.373.00$18,231
Jul 201705,92043.873.09$18,277
Jun 201705,28642.493.09$16,319
May 201705,33745.373.26$17,417
Apr 201705,13947.933.21$16,504
Mar 201706,34546.772.98$18,931
Feb 201701,12250.452.95$3,313
Jan 2017019249.413.42$656
Dec 2016017048.763.72$633
Nov 2016018542.492.64$489
Oct 2016032946.193.09$1,017
Sep 2016099541.553.10$3,085
Aug 201601,14141.442.92$3,337
Jul 201603,21041.622.92$9,387
Jun 201606,68545.352.69$17,955
May 201606,05742.521.99$12,060
Apr 201605,01436.561.99$9,983
Mar 20161779,85033.011.79$23,514
Feb 2016010,74826.472.06$22,180
Jan 2016011,44327.352.36$27,055
Dec 2015011,63032.362.00$23,276
Nov 2015011,49538.792.17$24,913
Oct 2015011,64143.552.43$28,248
Sep 2015011,20942.992.76$30,919
Aug 201517111,54140.162.87$40,019
Jul 2015012,21448.152.95$35,971
Jun 2015011,54956.152.88$33,294
May 2015011,82055.212.96$34,933
Apr 2015012,25449.822.71$33,166
Mar 201517212,79242.892.93$44,918
Feb 2015011,15644.662.98$33,202
Jan 2015011,31543.433.10$35,084
Dec 2014012,80254.693.59$45,977
Nov 2014011,82970.464.25$50,295
Oct 201417310,48978.303.90$54,463
Sep 201409,96586.164.05$40,313
Aug 2014010,23189.394.04$41,283
Jul 201408,05396.564.18$33,658
Jun 201401,36198.164.74$6,447
May 2014013394.734.73$629
Apr 2014415195.944.81$1,110
Mar 2014017195.895.06$865
Feb 2014014297.406.19$879
Jan 201401,92190.404.86$9,337
Dec 20138415,08591.824.35$73,400
Nov 2013013,51188.853.74$50,508
Oct 201317713,13097.423.78$66,866
Sep 2013012,641104.113.72$46,996
Aug 2013013,552104.253.52$47,738
Jul 2013012,575102.523.72$46,751
Jun 201309,60294.403.93$37,769
May 2013013,97494.834.15$57,979
Apr 2013014,19393.964.28$60,783
Mar 20139613,04293.623.91$60,019
Feb 2013011,26191.233.42$38,512
Jan 201317613,37191.603.42$61,849
Dec 2012012,99986.773.42$44,459
Nov 2012013,97986.953.62$50,673
Oct 2012014,28489.383.40$48,561
Sep 201216413,65994.672.92$55,388
Aug 2012013,78492.662.91$40,086
Jul 2012013,58485.133.02$41,035
Jun 2012014,38179.822.52$36,226
May 201217817,80191.612.49$60,601
Apr 2012017,072101.652.00$34,089
Mar 201217718,708105.052.22$60,165
Feb 2012017,708101.102.57$45,514
Jan 201218018,70398.092.73$68,792
Dec 2011012,99996.873.24$42,113
Nov 201117617,36895.723.31$74,357
Oct 201117918,14484.983.65$81,411
Sep 201117215,35083.623.99$75,565
Aug 201152120,14483.404.15$127,035
Jul 201117122,51894.144.52$117,817
Jun 201117521,51692.904.64$116,089
May 201117627,37398.134.40$137,844
Apr 2011029,873105.964.33$129,448
Mar 201135431,85196.364.06$163,342
Feb 201152727,06785.644.18$158,272
Jan 201135323,05186.504.59$136,310
Dec 20103339,56185.734.35$70,117
Nov 201068319,80680.843.80$130,384
Oct 20101,04723,92978.103.51$165,735
Sep 20101,22133,34772.633.98$221,385
Aug 20104,16165,53973.684.42$596,223
Jul 20106,87319,73872.554.74$592,125
Jun 2010017070.364.91$835
May 20100071.124.24$0
Apr 20100081.694.12$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
Condensate             0 bbl  × $106.41 =         $0
Gas                5,365 Mcf  × $  3.05 =    $16,341

────────────────────────────────────────────────────
Month total                                  $16,341

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/270749 is the state's own key, not one this site invented.