KING TRUST "A"

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the HEMPHILL (GRANITE WASH.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255943District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$339 k
Apr 2010 – May 2026
Value, last 12 filed months
$0
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 712 leases and 714 wells, and the rule below applies to all of them.

Discovered
1964-01-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-07.

The Commission's schedule remark for this field reads: FIELD

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 Gas112010-06-30198668
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
CondensateDisposition999 bbl$76,791
GasProduction68,220 Mcf$262,169
Total$338,960

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 35.9025, -100.3587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90247, -100.35874 · 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
11,700 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 11,700 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-21134067111,700 ftJan 2008

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020124037.091.99$4,599
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
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 2017012247.523.09$377
Aug 2017013645.373.00$409
Jul 2017013943.873.09$429
Jun 2017015142.493.09$466
May 2017014745.373.26$480
Apr 2017014747.933.21$472
Mar 2017046046.772.98$1,372
Feb 2017041750.452.95$1,231
Jan 2017046949.413.42$1,603
Dec 2016048048.763.72$1,787
Nov 2016017442.492.64$460
Oct 2016018246.193.09$562
Sep 2016018441.553.10$571
Aug 2016018541.442.92$541
Jul 2016019441.622.92$567
Jun 2016019145.352.69$513
May 2016020442.521.99$406
Apr 2016021036.561.99$418
Mar 2016023833.011.79$427
Feb 2016027226.472.06$561
Jan 2016028727.352.36$679
Dec 20150032.362.00$0
Nov 201509038.792.17$195
Oct 2015025643.552.43$621
Sep 2015025342.992.76$698
Aug 2015027540.162.87$790
Jul 2015031148.152.95$916
Jun 2015031156.152.88$897
May 2015035955.212.96$1,061
Apr 2015032749.822.71$885
Mar 201519739442.892.93$9,606
Feb 2015037644.662.98$1,119
Jan 2015038243.433.10$1,184
Dec 2014026654.693.59$955
Nov 2014052670.464.25$2,236
Oct 2014058778.303.90$2,290
Sep 2014056886.164.05$2,298
Aug 2014058789.394.04$2,369
Jul 2014062896.564.18$2,625
Jun 2014056098.164.74$2,653
May 2014067994.734.73$3,209
Apr 2014046795.944.81$2,246
Mar 2014031695.895.06$1,598
Feb 2014054897.406.19$3,393
Jan 2014056790.404.86$2,756
Dec 2013059391.824.35$2,582
Nov 2013061388.853.74$2,292
Oct 2013066197.423.78$2,498
Sep 20130686104.113.72$2,550
Aug 20130713104.253.52$2,512
Jul 2013198725102.523.72$22,994
Jun 2013066694.403.93$2,620
May 2013072594.834.15$3,008
Apr 2013069893.964.28$2,989
Mar 2013073793.623.91$2,884
Feb 2013070391.233.42$2,404
Jan 2013078991.603.42$2,698
Dec 2012074186.773.42$2,534
Nov 2012067986.953.62$2,461
Oct 2012074589.383.40$2,533
Sep 2012075694.672.92$2,206
Aug 201219581292.662.91$20,430
Jul 2012080685.133.02$2,435
Jun 2012082479.822.52$2,076
May 2012089091.612.49$2,215
Apr 20120497101.652.00$992
Mar 20120613105.052.22$1,362
Feb 20120787101.102.57$2,023
Jan 2012081498.092.73$2,226
Dec 2011082896.873.24$2,683
Nov 2011098095.723.31$3,245
Oct 201101,45384.983.65$5,301
Sep 201101,91583.623.99$7,633
Aug 201101,56083.404.15$6,473
Jul 201101,66394.144.52$7,512
Jun 201101,61692.904.64$7,498
May 201101,73898.134.40$7,656
Apr 201101,769105.964.33$7,666
Mar 20111971,82396.364.06$26,379
Feb 201101,65485.644.18$6,914
Jan 201101,85186.504.59$8,494
Dec 201001,91185.734.35$8,309
Nov 201001,84880.843.80$7,014
Oct 201001,97778.103.51$6,937
Sep 2010881,94672.633.98$14,135
Aug 201002,02573.684.42$8,949
Jul 201002,00372.554.74$9,487
Jun 201002,02470.364.91$9,939
May 201002,30071.124.24$9,741
Apr 201001,44181.694.12$5,941

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.

Sep 2020 — as filed, then multipliedworked
Condensate           124 bbl  × $ 37.09 =     $4,599
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,599

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/255943 is the state's own key, not one this site invented.