KING

Operated by LANE OPERATING COMPANY (P-5 484815) in the DILLARD, W. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30145District 09Field 24758500OilCasinghead gasSaveExport
Value, all time
$748 k
May 2003 – Feb 2007
Value, last 12 filed months
$951
at the published price for each month
Months reported
46
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 43 leases and 45 wells, and the rule below applies to all of them.

Discovered
1965-12-27
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

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
OilDisposition12,605 bbl$372,132
Casinghead gasProduction63,950 Mcf$375,765
Total$747,897

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 33.5202, -98.1431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.52025, -98.14306 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,100 ft
1 wells filed one
Completion to plug
21.1 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 6,100 ft.

Completions filed
May 2003
1 of 1 wells
Plug dates filed
Jun 2024
1 of 1 wells

Last completion to plug: a median of 21.1 years across the 1 well that filed both dates, with the middle half between 21.1 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0773485316,100 ftMay 2003Jun 2024Yes

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 (46)

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

46 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200612056.656.92$680
Nov 20065054.207.62$271
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20056622461.519.80$6,254
Jul 2005067155.697.84$5,263
Jun 2005080052.337.38$5,905
May 200501,01745.226.65$6,764
Apr 200501,07549.207.36$7,913
Mar 200501,22750.377.15$8,779
Feb 200501,14945.226.31$7,252
Jan 2005871,48243.166.32$13,124
Dec 200401,74839.866.75$11,801
Nov 200401,92845.286.33$12,205
Oct 200402,17849.706.52$14,190
Sep 200402,34243.245.28$12,375
Aug 200402,78542.375.55$15,459
Jul 20041622,96838.286.08$24,259
Jun 200403,05336.106.43$19,640
May 20041643,32237.486.49$27,722
Apr 20041673,23834.475.86$24,726
Mar 20043433,28934.365.53$29,974
Feb 20043512,95532.455.51$27,671
Jan 20045233,23632.036.30$37,137
Dec 20036903,42630.266.30$42,469
Nov 20031,0113,36828.804.60$44,593
Oct 20039983,81928.174.76$46,291
Sep 20031,5263,37226.314.75$56,164
Aug 20031,8182,62029.765.13$67,544
Jul 20031,0721,63329.415.17$39,972
Jun 20032,7694,26128.565.98$104,576
May 200384176426.595.97$26,925

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.

Dec 2006 — as filed, then multipliedworked
Oil                   12 bbl  × $ 56.65 =       $680
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                     $680

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/30145 is the state's own key, not one this site invented.