KING UNIT

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 870354) in the QUANAH (CHAPPEL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31442District 09Field 73609333OilCasinghead gasSaveExport
Value, all time
$707 k
Mar 2009 – Oct 2016
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
92
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1962-12-26
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition9,084 bbl$706,812
Casinghead gasProduction7 Mcf$25
Total$706,837

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 34.3104, -99.7268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

34.31037, -99.72680 · 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
0.0%
0 of 1 wells
Median depth
8,662 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
1100.0%
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.
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 8,662 ft.

Completions filed
May 2016
1 of 1 wells

1 well

42-1973163618,662 ftMay 2016Yes

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 (92)

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

92 months

Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016104041.442.92$4,310
Jul 20160041.622.92$0
Jun 20161045.352.69$45
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015167032.362.00$5,404
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015172040.162.87$6,908
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015175042.892.93$7,506
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014181054.693.59$9,899
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014154098.164.74$15,117
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014180095.895.06$17,260
Feb 20140097.406.19$0
Jan 20141090.404.86$90
Dec 2013181091.824.35$16,619
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131700104.113.72$17,699
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013172094.403.93$16,237
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013174093.623.91$16,290
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012179086.773.42$15,532
Nov 20120086.953.62$0
Oct 2012175089.383.40$15,642
Sep 20120094.672.92$0
Aug 2012183092.662.91$16,957
Jul 20120085.133.02$0
Jun 20121079.822.52$80
May 2012177091.612.49$16,215
Apr 20121700101.652.00$17,281
Mar 201210105.052.22$105
Feb 201200101.102.57$0
Jan 2012178098.092.73$17,460
Dec 20110096.873.24$0
Nov 2011173095.723.31$16,560
Oct 20110084.983.65$0
Sep 2011177083.623.99$14,801
Aug 2011119083.404.15$9,925
Jul 20111094.144.52$94
Jun 2011174092.904.64$16,165
May 20111098.134.40$98
Apr 20111860105.964.33$19,709
Mar 2011187096.364.06$18,019
Feb 20111085.644.18$86
Jan 2011175086.504.59$15,138
Dec 2010189085.734.35$16,203
Nov 2010189080.843.80$15,279
Oct 2010181078.103.51$14,136
Sep 2010183072.633.98$13,291
Aug 2010187073.684.42$13,778
Jul 2010182072.554.74$13,204
Jun 20101070.364.91$70
May 2010183071.124.24$13,015
Apr 2010180081.694.12$14,704
Mar 2010363078.394.39$28,456
Feb 2010183073.585.44$13,465
Jan 2010563074.365.96$41,865
Dec 2009377071.445.48$26,933
Nov 2009745074.593.75$55,570
Oct 2009748072.544.11$54,260
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090161.133.46$3
Jun 2009177166.163.90$11,714
May 2009182154.743.93$9,967
Apr 20090146.773.59$4
Mar 2009180142.144.06$7,589

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.

Aug 2016 — as filed, then multipliedworked
Oil                  104 bbl  × $ 41.44 =     $4,310
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $4,310

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/31442 is the state's own key, not one this site invented.