KING

Operated by REED PRODUCTION, INC. (P-5 697666) in the COOKE COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27916District 09Field 20350001OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – Aug 2019
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
320
no gaps in the span
Streams
2
oil, casinghead 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 805 leases and 4,250 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 6001 - 8000 DAILY 99

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
OilDisposition67,572 bbl$1,815,516
Casinghead gasProduction21 Mcf$0
Total$1,815,516

21 Mcf of this lease's gas, across 21 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 (2)

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 33.5987, -97.0828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.59874, -97.08284 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
2,920 ft
2 wells filed one
Completion to plug
26.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 2,030 and 3,810 ft, median 2,920 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1990 – Jan 1993
2 of 2 wells
Plug dates filed
Jan 2017 – Apr 2019
2 of 2 wells

Last completion to plug: a median of 26.2 years across the 2 wells that filed both dates, with the middle half between 25.1 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0973324722,030 ftJan 1993Jan 2017Yes
42-0973307813,810 ftDec 1990Apr 2019Yes

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 (320)

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

320 months

Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201992062.632.75$5,762
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017177050.452.95$8,930
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016172041.553.10$7,147
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016165042.521.99$7,016
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015167038.792.17$6,478
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015159048.152.95$7,656
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015166044.662.98$7,414
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014128078.303.90$10,022
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014165096.564.18$15,932
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014160095.895.06$15,342
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013182091.824.35$16,711
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131560104.113.72$16,241
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013161094.834.15$15,268
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013168091.233.42$15,327
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012167094.672.92$15,810
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012166091.612.49$15,207
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012167098.092.73$16,381
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011167083.623.99$13,965
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011167092.904.64$15,514
May 20110098.134.40$0
Apr 20111750105.964.33$18,543
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011179086.504.59$15,484
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010165078.103.51$12,887
Sep 20100072.633.98$0
Aug 2010165073.684.42$12,157
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010171071.124.24$12,162
Apr 20100081.694.12$0
Mar 2010185078.394.39$14,502
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009182071.445.48$13,002
Nov 20090074.593.75$0
Oct 2009184072.544.11$13,347
Sep 20090065.543.06$0
Aug 2009182067.423.22$12,270
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009182054.743.93$9,963
Apr 20090046.773.59$0
Mar 2009177042.144.06$7,459
Feb 20090032.814.63$0
Jan 2009158035.865.37$5,666
Dec 2008161037.105.98$5,973
Nov 20080055.496.86$0
Oct 2008170075.246.92$12,791
Sep 200800101.767.88$0
Aug 20081670114.228.48$19,075
Jul 20081690131.0811.39$22,153
Jun 200800131.3313.03$0
May 20081590123.1711.57$19,584
Apr 200800110.3110.45$0
Mar 20081650101.909.66$16,814
Feb 20080092.538.77$0
Jan 2008166090.388.21$15,003
Dec 20070088.337.30$0
Nov 2007167091.677.29$15,309
Oct 2007161082.856.92$13,339
Sep 20070075.846.24$0
Aug 2007158069.066.39$10,911
Jul 20070070.906.39$0
Jun 2007163062.007.55$10,106
May 2007163058.747.85$9,575
Apr 20070059.617.81$0
Mar 2007167056.927.30$9,506
Feb 2007164055.108.22$9,036
Jan 2007150050.306.73$7,545
Dec 2006166056.656.92$9,404
Nov 2006169054.207.62$9,160
Oct 20060054.906.01$0
Sep 2006162060.085.04$9,733
Aug 20060068.717.34$0
Jul 2006158069.376.34$10,960
Jun 2006168066.286.38$11,135
May 2006158066.016.42$10,430
Apr 2006161064.397.36$10,367
Mar 2006161056.707.08$9,129
Feb 2006166057.597.75$9,560
Jan 2006164060.598.93$9,937
Dec 2005167054.9413.42$9,175
Nov 20050054.6910.59$0
Oct 2005169058.3413.80$9,859
Sep 2005164061.4512.08$10,078
Aug 2005170061.519.80$10,457
Jul 2005162055.697.84$9,022
Jun 20050052.337.38$0
May 2005162045.226.65$7,326
Apr 2005161049.207.36$7,921
Mar 2005173050.377.15$8,714
Feb 2005165045.226.31$7,461
Jan 2005165043.166.32$7,121
Dec 2004169039.866.75$6,736
Nov 2004166045.286.33$7,516
Oct 2004163049.706.52$8,101
Sep 2004169043.245.28$7,308
Aug 2004170042.375.55$7,203
Jul 2004171038.286.08$6,546
Jun 2004168036.106.43$6,065
May 2004167037.486.49$6,259
Apr 2004168034.475.86$5,791
Mar 2004169034.365.53$5,807
Feb 2004170032.455.51$5,517
Jan 2004168032.036.30$5,381
Dec 2003169030.266.30$5,114
Nov 2003170028.804.60$4,896
Oct 2003164028.174.76$4,620
Sep 2003172026.314.75$4,525
Aug 2003170029.765.13$5,059
Jul 2003166029.415.17$4,882
Jun 2003167028.565.98$4,770
May 2003168026.595.97$4,467
Apr 2003174026.675.41$4,641
Mar 2003159031.146.10$4,951
Feb 2003176033.487.93$5,892
Jan 2003170030.315.58$5,153
Dec 2002177026.914.85$4,763
Nov 2002163024.664.14$4,020
Oct 2002166026.464.23$4,392
Sep 2002175027.443.64$4,802
Aug 2002170025.963.16$4,413
Jul 2002173024.583.06$4,252
Jun 20020023.733.34$0
May 2002342024.663.58$8,434
Apr 20020023.653.51$0
Mar 2002175022.003.10$3,850
Feb 2002176018.222.38$3,207
Jan 2002176017.172.38$3,022
Dec 2001175016.932.36$2,963
Nov 2001176018.072.41$3,180
Oct 2001350019.782.53$6,923
Sep 20010024.262.25$0
Aug 2001349024.873.05$8,680
Jul 2001171023.933.20$4,092
Jun 2001178024.563.82$4,372
May 2001174025.524.31$4,440
Apr 2001172024.685.34$4,245
Mar 2001174024.545.38$4,270
Feb 2001178027.755.77$4,940
Jan 2001182027.478.40$5,000
Dec 2000179026.889.12$4,812
Nov 20000032.215.66$0
Oct 2000358031.235.15$11,180
Sep 20000031.875.19$0
Aug 2000183029.644.54$5,424
Jul 2000169028.534.09$4,822
Jun 2000350029.304.40$10,255
May 2000182027.263.68$4,961
Apr 2000187024.513.12$4,583
Mar 2000186028.422.86$5,286
Feb 2000183027.622.73$5,054
Jan 2000176025.272.48$4,448
Dec 1999181024.282.42$4,395
Nov 1999173023.192.43$4,012
Oct 1999176020.982.80$3,692
Sep 1999177021.752.62$3,850
Aug 1999178019.262.88$3,428
Jul 1999343017.892.37$6,136
Jun 1999182015.942.36$2,901
May 1999177015.792.32$2,795
Apr 1999178015.102.21$2,688
Mar 1999186012.471.84$2,319
Feb 199937009.981.82$3,693
Jan 1999181010.381.90$1,879
Dec 199834909.201.77$3,211
Nov 1998182010.892.19$1,982
Oct 1998183012.421.97$2,273
Sep 1998353012.592.08$4,444
Aug 1998346011.301.91$3,910
Jul 1998177011.742.24$2,078
Jun 1998353011.242.24$3,968
May 1998172012.622.21$2,171
Apr 1998531013.042.51$6,924
Mar 1998179012.802.31$2,291
Feb 1998361013.952.30$5,036
Jan 19980014.702.15$0
Dec 1997358016.322.41$5,843
Nov 1997364018.193.09$6,621
Oct 1997176019.253.15$3,388
Sep 1997363017.742.95$6,440
Aug 1997363017.862.55$6,483
Jul 1997357017.582.25$6,276
Jun 1997362017.242.26$6,241
May 1997359018.972.31$6,810
Apr 1997550017.882.08$9,834
Mar 1997185018.951.94$3,506
Feb 1997368020.492.21$7,540
Jan 1997186023.483.54$4,367
Dec 1996366023.32$8,535
Nov 1996361021.97$7,931
Oct 1996365023.31$8,508
Sep 1996362022.22$8,044
Aug 1996352020.26$7,132
Jul 1996526019.55$10,283
Jun 1996181018.73$3,390
May 1996547019.43$10,628
Apr 1996368021.51$7,916
Mar 1996374019.38$7,248
Feb 1996542016.98$9,203
Jan 1996548017.07$9,354
Dec 1995556017.19$9,558
Nov 1995741016.00$11,856
Oct 1995547015.43$8,440
Sep 1995547016.18$8,850
Aug 1995715015.92$11,383
Jul 1995730015.24$11,125
Jun 1995672016.41$11,028
May 1995708017.56$12,432
Apr 19951,108017.73$19,645
Mar 1995738016.44$12,133
Feb 1995743016.58$12,319
Jan 1995740015.92$11,781
Dec 1994734015.03$11,032
Nov 1994732015.90$11,639
Oct 1994735015.58$11,451
Sep 1994917115.29$14,021
Aug 1994715116.13$11,533
Jul 1994910117.56$15,980
Jun 1994917117.09$15,672
May 1994925115.88$14,689
Apr 1994923114.14$13,051
Mar 1994920112.46$11,463
Feb 1994926112.50$11,575
Jan 1994939112.66$11,888
Dec 19931,120112.33$13,810
Nov 1993926114.49$13,418
Oct 19931,070115.85$16,960
Sep 1993897115.03$13,482
Aug 19931,201115.66$18,808
Jul 19931,096115.46$16,944
Jun 19931,063116.79$17,848
May 19931,229117.68$21,729
Apr 19931,017118.05$18,357
Mar 19931,381118.14$25,051
Feb 19931,382117.90$24,738
Jan 1993515116.93$8,719

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.

Apr 2019 — as filed, then multipliedworked
Oil                   92 bbl  × $ 62.63 =     $5,762
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $5,762

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/O/27916 is the state's own key, not one this site invented.