KING -F-

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147352District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$692 k
Mar 1993 – Sep 2015
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
271
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas111994-05-31130155
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
CondensateDisposition838 bbl$15,078
GasProduction254,327 Mcf$676,799
Total$691,878

88,188 Mcf of this lease's gas, across 39 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 (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 36.0455, -100.9720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.04551, -100.97195 · 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
6,704 ft
1 wells filed one
Completion to plug
22.4 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 6,704 ft.

Completions filed
Apr 1993
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 22.4 years across the 1 well that filed both dates, with the middle half between 22.4 years and 22.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3933118326,704 ftApr 1993Sep 2015Yes

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 (271)

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

271 months

Sep 20150042.992.76$0
Aug 201528040.162.87$1,124
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201401995.895.06$96
Feb 201402997.406.19$180
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130793.964.28$30
Mar 201301593.623.91$59
Feb 201301991.233.42$65
Jan 201302491.603.42$82
Dec 201203186.773.42$106
Nov 201203086.953.62$109
Oct 201202989.383.40$99
Sep 201208594.672.92$248
Aug 2012012092.662.91$349
Jul 201208985.133.02$269
Jun 201203479.822.52$86
May 201204291.612.49$105
Apr 2012066101.652.00$132
Mar 2012089105.052.22$198
Feb 2012098101.102.57$252
Jan 2012014598.092.73$396
Dec 2011017396.873.24$560
Nov 2011014895.723.31$490
Oct 2011015484.983.65$562
Sep 2011015683.623.99$622
Aug 2011018083.404.15$747
Jul 2011017894.144.52$804
Jun 2011017792.904.64$821
May 2011018298.134.40$802
Apr 20110176105.964.33$763
Mar 2011018496.364.06$747
Feb 2011018785.644.18$782
Jan 2011020086.504.59$918
Dec 2010019085.734.35$826
Nov 2010018580.843.80$702
Oct 2010025078.103.51$877
Sep 2010024572.633.98$975
Aug 2010025473.684.42$1,123
Jul 2010017072.554.74$805
Jun 2010019670.364.91$962
May 2010019971.124.24$843
Apr 2010020281.694.12$833
Mar 2010021378.394.39$935
Feb 2010018973.585.44$1,029
Jan 2010020974.365.96$1,246
Dec 2009022071.445.48$1,206
Nov 2009021674.593.75$810
Oct 2009023672.544.11$970
Sep 2009023165.543.06$708
Aug 2009020867.423.22$669
Jul 2009019761.133.46$683
Jun 2009020066.163.90$779
May 2009020854.743.93$817
Apr 2009020646.773.59$739
Mar 2009021642.144.06$877
Feb 2009018232.814.63$843
Jan 2009022035.865.37$1,182
Dec 2008027537.105.98$1,644
Nov 2008022155.496.86$1,516
Oct 2008021775.246.92$1,502
Sep 20080208101.767.88$1,638
Aug 20080214114.228.48$1,815
Jul 20080231131.0811.39$2,631
Jun 20080207131.3313.03$2,698
May 20080199123.1711.57$2,303
Apr 20080175110.3110.45$1,830
Mar 2008073101.909.66$705
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070288.337.30$15
Nov 200709391.677.29$678
Oct 2007052782.856.92$3,648
Sep 2007063175.846.24$3,940
Aug 2007068869.066.39$4,395
Jul 2007046170.906.39$2,945
Jun 2007047762.007.55$3,601
May 2007050658.747.85$3,970
Apr 2007053459.617.81$4,168
Mar 2007062156.927.30$4,535
Feb 2007062455.108.22$5,127
Jan 2007085950.306.73$5,778
Dec 2006059356.656.92$4,103
Nov 2006056054.207.62$4,266
Oct 2006057654.906.01$3,464
Sep 2006060060.085.04$3,022
Aug 2006069068.717.34$5,065
Jul 2006076269.376.34$4,833
Jun 2006071066.286.38$4,533
May 2006095966.016.42$6,162
Apr 200601,54464.397.36$11,365
Mar 200601,19056.707.08$8,429
Feb 200601,07857.597.75$8,356
Jan 200601,23460.598.93$11,024
Dec 200501,16054.9413.42$15,562
Nov 200501,23054.6910.59$13,024
Oct 200501,58058.3413.80$21,797
Sep 2005080361.4512.08$9,699
Aug 2005076661.519.80$7,504
Jul 200501,01955.697.84$7,993
Jun 2005011252.337.38$827
May 2005075045.226.65$4,988
Apr 2005082849.207.36$6,094
Mar 2005087550.377.15$6,261
Feb 2005080545.226.31$5,081
Jan 2005098643.166.32$6,234
Dec 2004098339.866.75$6,636
Nov 200401,01045.286.33$6,394
Oct 2004088649.706.52$5,772
Sep 2004085543.245.28$4,518
Aug 2004086542.375.55$4,801
Jul 2004089838.286.08$5,464
Jun 2004070236.106.43$4,516
May 2004064637.486.49$4,196
Apr 2004063034.475.86$3,691
Mar 2004063534.365.53$3,512
Feb 2004061732.455.51$3,399
Jan 2004068332.036.30$4,303
Dec 2003083030.266.30$5,230
Nov 2003079428.804.60$3,649
Oct 2003078728.174.76$3,746
Sep 2003078026.314.75$3,705
Aug 2003079929.765.13$4,099
Jul 2003078229.415.17$4,044
Jun 2003068328.565.98$4,086
May 2003072026.595.97$4,300
Apr 2003077926.675.41$4,212
Mar 2003074631.146.10$4,548
Feb 2003070533.487.93$5,588
Jan 2003080830.315.58$4,510
Dec 2002091326.914.85$4,431
Nov 2002088724.664.14$3,669
Oct 2002090526.464.23$3,827
Sep 2002082127.443.64$2,985
Aug 2002085025.963.16$2,690
Jul 2002088424.583.06$2,707
Jun 2002085723.733.34$2,861
May 2002088124.663.58$3,158
Apr 20029894723.653.51$5,644
Mar 200201,02222.003.10$3,171
Feb 2002093418.222.38$2,219
Jan 200201,05017.172.38$2,494
Dec 2001098416.932.36$2,327
Nov 200101,00418.072.41$2,415
Oct 200101,22719.782.53$3,103
Sep 2001761,36624.262.25$4,919
Aug 2001071824.873.05$2,192
Jul 2001071023.933.20$2,270
Jun 2001073124.563.82$2,795
May 2001080225.524.31$3,454
Apr 2001079424.685.34$4,236
Mar 2001090824.545.38$4,882
Feb 2001085127.755.77$4,908
Jan 2001095927.478.40$8,054
Dec 2000094926.889.12$8,657
Nov 2000073632.215.66$4,164
Oct 2000092831.235.15$4,775
Sep 2000086931.875.19$4,507
Aug 2000085529.644.54$3,882
Jul 2000093228.534.09$3,812
Jun 2000087329.304.40$3,839
May 2000087027.263.68$3,201
Apr 2000080524.513.12$2,508
Mar 2000086728.422.86$2,479
Feb 2000095427.622.73$2,601
Jan 200001,02425.272.48$2,540
Dec 199901,12724.282.42$2,732
Nov 199901,26823.192.43$3,086
Oct 1999056820.982.80$1,593
Sep 1999067121.752.62$1,757
Aug 1999093619.262.88$2,692
Jul 199901,19917.892.37$2,844
Jun 199901,20315.942.36$2,842
May 199901,18615.792.32$2,753
Apr 199907,26415.102.21$16,039
Mar 199908,57712.471.84$15,767
Feb 199906,3389.981.82$11,521
Jan 199907,38110.381.90$14,024
Dec 199809,2369.201.77$16,378
Nov 199801,02710.892.19$2,245
Oct 1998097312.421.97$1,916
Sep 199801,06412.592.08$2,216
Aug 199801,38311.301.91$2,638
Jul 199801,50711.742.24$3,372
Jun 199801,72611.242.24$3,862
May 199801,21712.622.21$2,685
Apr 199801,56913.042.51$3,931
Mar 1998792,38212.802.31$6,512
Feb 1998089313.952.30$2,053
Jan 1998092414.702.15$1,991
Dec 199701,17216.322.41$2,826
Nov 199701,30918.193.09$4,043
Oct 199701,41819.253.15$4,466
Sep 199701,18017.742.95$3,487
Aug 199701,13617.862.55$2,902
Jul 199701,60917.582.25$3,615
Jun 199701,53317.242.26$3,460
May 199701,48118.972.31$3,419
Apr 199701,73817.882.08$3,620
Mar 1997097918.951.94$1,898
Feb 199701,25220.492.21$2,762
Jan 1997086223.483.54$3,051
Dec 1996031123.32$0
Nov 1996076621.97$0
Oct 1996099323.31$0
Sep 199601,04022.22$0
Aug 199601,54720.26$0
Jul 199601,34819.55$0
Jun 199601,44918.73$0
May 199601,40519.43$0
Apr 199602,17521.51$0
Mar 19961511,82319.38$2,926
Feb 199601,72216.98$0
Jan 199601,83717.07$0
Dec 199501,64017.19$0
Nov 199501,61316.00$0
Oct 199502,19415.43$0
Sep 199501,79716.18$0
Aug 1995492,04615.92$780
Jul 199502,48315.24$0
Jun 199502,55216.41$0
May 199502,88417.56$0
Apr 199503,27717.73$0
Mar 199502,61616.44$0
Feb 199502,05416.58$0
Jan 19951792,43915.92$2,850
Dec 199402,50115.03$0
Nov 199402,00115.90$0
Oct 199402,00415.58$0
Sep 199402,26815.29$0
Aug 199402,29416.13$0
Jul 199402,09717.56$0
Jun 199402,17717.09$0
May 199402,16415.88$0
Apr 199402,24514.14$0
Mar 199402,30312.46$0
Feb 19941782,28612.50$2,225
Jan 199403,11512.66$0
Dec 199303,51712.33$0
Nov 199304,96714.49$0
Oct 199308,23815.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$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.

Aug 2015 — as filed, then multipliedworked
Condensate            28 bbl  × $ 40.16 =     $1,124
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $1,124

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. 10/G/147352 is the state's own key, not one this site invented.