KING "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 265279District 10Field 403112002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Aug 2011 – Sep 2025
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
170
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 Gas112013-02-13207949
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
CondensateDisposition69,132 bbl$5,791,748
GasProduction2,098,091 Mcf$6,853,695
Total$12,645,443

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 35.8940, -100.3656. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.89402, -100.36558 · 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
9,979 ft
1 wells filed one
Completion to plug
14.1 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 9,979 ft.

Completions filed
Aug 2011
1 of 1 wells
Plug dates filed
Sep 2025
1 of 1 wells

Last completion to plug: a median of 14.1 years across the 1 well that filed both dates, with the middle half between 14.1 years and 14.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-211348551H9,979 ftAug 2011Sep 2025Yes

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 (170)

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

170 months

Sep 2025111062.743.08$6,964
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 20221750104.226.84$18,239
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021179071.323.90$12,766
Nov 20211755,29577.435.24$41,279
Oct 20211835,61079.795.71$46,656
Sep 20211734,44669.865.35$35,876
Aug 202102,68866.024.22$11,345
Jul 2021090470.783.98$3,600
Jun 202103,32469.493.38$11,237
May 20211843,48763.483.02$22,203
Apr 202103,58160.362.76$9,878
Mar 202104,67761.302.72$12,707
Feb 202102,67857.805.55$14,857
Jan 20211813,73850.412.81$19,629
Dec 202003,70944.642.68$9,923
Nov 20201793,65938.772.71$16,843
Oct 202003,86636.972.48$9,582
Sep 202003,95037.091.99$7,865
Aug 20201824,13139.982.39$17,129
Jul 202003,98938.371.83$7,280
Jun 20201793,84434.901.69$12,745
May 202004,03016.921.81$7,313
Apr 20201823,95014.751.80$9,812
Mar 202004,10730.341.86$7,624
Feb 202003,81049.881.98$7,546
Jan 20201843,93357.252.09$18,773
Dec 201904,21259.012.30$9,706
Nov 20191824,05055.302.75$21,205
Oct 201904,39053.472.42$10,617
Sep 20191714,28955.052.66$20,811
Aug 201904,46453.112.30$10,287
Jul 20191804,48256.272.46$21,155
Jun 201904,36552.782.49$10,874
May 20191834,54958.482.74$23,168
Apr 20192004,46262.632.75$24,800
Mar 201904,65056.803.06$14,239
Feb 201904,25350.852.79$11,875
Jan 20191814,76346.033.23$23,707
Dec 20181794,87246.594.19$28,731
Nov 201804,76552.934.24$20,190
Oct 20181734,99761.443.40$27,609
Sep 201804,87059.543.11$15,136
Aug 20181775,08559.403.07$26,107
Jul 20181785,11265.142.93$26,583
Jun 201804,83260.183.08$14,868
May 20181835,19565.382.90$27,034
Apr 201805,04763.842.90$14,640
Mar 20181835,26461.222.79$25,873
Feb 20181744,83361.782.77$24,118
Jan 201805,38062.874.01$21,570
Dec 20171845,58457.272.92$26,851
Nov 201705,52455.423.12$17,226
Oct 20171845,89149.292.98$26,646
Sep 20171795,74247.523.09$26,233
Aug 201706,06445.373.00$18,219
Jul 20171806,23943.873.09$27,158
Jun 20171836,44942.493.09$27,686
May 201706,66645.373.26$21,754
Apr 20171776,50147.933.21$29,362
Mar 20171837,14846.772.98$29,886
Feb 20171886,56950.452.95$28,880
Jan 20171847,40949.413.42$34,421
Dec 20161807,16748.763.72$35,458
Nov 201609,22742.492.64$24,399
Oct 20161797,64346.193.09$31,887
Sep 20161817,88141.553.10$31,957
Aug 20161757,03641.442.92$27,828
Jul 20161858,75441.622.92$33,299
Jun 20161758,22845.352.69$30,035
May 20161728,54142.521.99$24,319
Apr 20161868,57536.561.99$23,873
Mar 201618418833.011.79$6,411
Feb 201635620026.472.06$9,836
Jan 20161869,73827.352.36$28,111
Dec 20151859,41632.362.00$24,832
Nov 201517910,33038.792.17$29,332
Oct 201517711,09243.552.43$34,624
Sep 201536010,87842.992.76$45,482
Aug 20151849,70940.162.87$35,278
Jul 20155179,45248.152.95$52,730
Jun 201509,22156.152.88$26,583
May 20151799,65455.212.96$38,415
Apr 20151892,69049.822.71$16,697
Mar 20151889,30242.892.93$35,362
Feb 201506,66344.662.98$19,830
Jan 2015073643.433.10$2,282
Dec 20143736,84454.693.59$44,979
Nov 201436513,46170.464.25$82,952
Oct 201418713,77578.303.90$68,378
Sep 201455313,37886.164.05$101,766
Aug 201418314,70389.394.04$75,687
Jul 201437314,40296.564.18$96,211
Jun 201436813,83698.164.74$101,662
May 201435813,36394.734.73$97,074
Apr 201418612,55695.944.81$78,228
Mar 201456714,67395.895.06$128,568
Feb 201419315,01797.406.19$111,783
Jan 201453816,23790.404.86$127,559
Dec 201338116,30391.824.35$105,975
Nov 201355416,73688.853.74$111,787
Oct 201336419,73897.423.78$110,058
Sep 201354519,395104.113.72$128,846
Aug 201353919,885104.253.52$126,238
Jul 201356120,228102.523.72$132,716
Jun 201318918,85494.403.93$92,002
May 201375921,60794.834.15$161,625
Apr 201370521,07393.964.28$156,489
Mar 201354620,09693.623.91$129,750
Feb 201318824,21691.233.42$99,968
Jan 201394928,45591.603.42$184,242
Dec 201252830,63086.773.42$150,574
Nov 201274133,78586.953.62$186,899
Oct 20121,30233,17289.383.40$229,147
Sep 201273437,37794.672.92$178,569
Aug 201237237,24492.662.91$142,781
Jul 20121,30444,34085.133.02$244,952
Jun 20121,62348,66279.822.52$252,129
May 20121,43754,59391.612.49$267,488
Apr 20121,65560,848101.652.00$289,732
Mar 20121,25168,367105.052.22$283,334
Feb 20121,98580,056101.102.57$406,447
Jan 20122,175102,30298.092.73$493,048
Dec 20113,710127,18596.873.24$771,434
Nov 20115,208165,56595.723.31$1,046,742
Oct 20118,931162,78384.983.65$1,352,877
Sep 201111,823119,43883.623.99$1,464,695
Aug 20113,25924,21983.404.15$372,293

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 2025 — as filed, then multipliedworked
Condensate           111 bbl  × $ 62.74 =     $6,964
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $6,964

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/265279 is the state's own key, not one this site invented.