KING

Name: KING lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BCE-MACH III LLC (P-5 40209) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 31950District 10Field 68826001NGPA filingGasSave Export

Value, all time

$158 k

Jan 1993 – May 2026

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, EAST field

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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered

1935-12-10

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: “67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	43,579 Mcf	$157,823
Total			$157,823

5,226 Mcf of this lease's gas, across 33 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.

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

—

no depth filed

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.

1 well


42-48380408	1	—	—	—	—

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 (401)

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

401 months


May 2026	79	106.41	3.05	$241
Apr 2026	97	98.93	2.87	$278
Mar 2026	102	89.75	3.15	$321
Feb 2026	75	63.50	3.75	$281
Jan 2026	79	59.13	8.00	$632
Dec 2025	93	56.66	4.41	$410
Nov 2025	80	58.59	3.93	$314
Oct 2025	98	59.38	3.30	$324
Sep 2025	84	62.74	3.08	$258
Aug 2025	97	63.93	3.01	$292
Jul 2025	106	66.74	3.32	$351
Jun 2025	103	66.48	3.13	$322
May 2025	112	60.55	3.23	$362
Apr 2025	102	62.36	3.54	$361
Mar 2025	77	67.70	4.27	$329
Feb 2025	60	70.88	4.34	$260
Jan 2025	82	74.32	4.28	$351
Dec 2024	84	68.99	3.12	$262
Nov 2024	105	69.05	2.20	$231
Oct 2024	78	71.37	2.28	$178
Sep 2024	84	69.61	2.36	$199
Aug 2024	98	75.63	2.06	$202
Jul 2024	90	79.93	2.15	$193
Jun 2024	77	78.08	2.63	$203
May 2024	116	78.81	2.20	$255
Apr 2024	63	84.45	1.66	$105
Mar 2024	90	80.30	1.55	$139
Feb 2024	41	76.09	1.78	$73
Jan 2024	40	73.02	3.30	$132
Dec 2023	97	71.26	2.61	$253
Nov 2023	93	77.89	2.81	$261
Oct 2023	91	85.44	3.09	$281
Sep 2023	89	89.04	2.74	$243
Aug 2023	98	80.52	2.67	$262
Jul 2023	95	74.85	2.64	$251
Jun 2023	105	68.96	2.26	$237
May 2023	114	70.62	2.23	$254
Apr 2023	83	78.12	2.24	$186
Mar 2023	516	72.85	2.39	$1,235
Feb 2023	354	75.11	2.47	$873
Jan 2023	77	76.53	3.39	$261
Dec 2022	71	76.41	5.73	$407
Nov 2022	67	85.00	5.65	$378
Oct 2022	75	87.18	5.86	$440
Sep 2022	70	84.88	8.16	$571
Aug 2022	64	94.52	9.13	$584
Jul 2022	71	101.58	7.54	$535
Jun 2022	66	115.09	7.98	$527
May 2022	86	109.37	8.43	$725
Apr 2022	76	104.22	6.84	$520
Mar 2022	84	108.88	5.08	$426
Feb 2022	73	91.05	4.86	$355
Jan 2022	90	81.84	4.54	$408
Dec 2021	88	71.32	3.90	$343
Nov 2021	89	77.43	5.24	$466
Oct 2021	75	79.79	5.71	$429
Sep 2021	84	69.86	5.35	$449
Aug 2021	87	66.02	4.22	$367
Jul 2021	0	70.78	3.98	$0
Jun 2021	70	69.49	3.38	$237
May 2021	75	63.48	3.02	$226
Apr 2021	74	60.36	2.76	$204
Mar 2021	78	61.30	2.72	$212
Feb 2021	66	57.80	5.55	$366
Jan 2021	77	50.41	2.81	$216
Dec 2020	99	44.64	2.68	$265
Nov 2020	71	38.77	2.71	$192
Oct 2020	66	36.97	2.48	$164
Sep 2020	94	37.09	1.99	$187
Aug 2020	103	39.98	2.39	$246
Jul 2020	102	38.37	1.83	$186
Jun 2020	106	34.90	1.69	$179
May 2020	112	16.92	1.81	$203
Apr 2020	93	14.75	1.80	$168
Mar 2020	105	30.34	1.86	$195
Feb 2020	90	49.88	1.98	$178
Jan 2020	92	57.25	2.09	$193
Dec 2019	99	59.01	2.30	$228
Nov 2019	90	55.30	2.75	$248
Oct 2019	106	53.47	2.42	$256
Sep 2019	111	55.05	2.66	$295
Aug 2019	109	53.11	2.30	$251
Jul 2019	119	56.27	2.46	$293
Jun 2019	93	52.78	2.49	$232
May 2019	92	58.48	2.74	$252
Apr 2019	85	62.63	2.75	$234
Mar 2019	93	56.80	3.06	$285
Feb 2019	83	50.85	2.79	$232
Jan 2019	89	46.03	3.23	$287
Dec 2018	88	46.59	4.19	$368
Nov 2018	94	52.93	4.24	$398
Oct 2018	103	61.44	3.40	$350
Sep 2018	98	59.54	3.11	$305
Aug 2018	103	59.40	3.07	$316
Jul 2018	106	65.14	2.93	$311
Jun 2018	105	60.18	3.08	$323
May 2018	109	65.38	2.90	$316
Apr 2018	105	63.84	2.90	$305
Mar 2018	101	61.22	2.79	$281
Feb 2018	76	61.78	2.77	$210
Jan 2018	80	62.87	4.01	$321
Dec 2017	68	57.27	2.92	$199
Nov 2017	97	55.42	3.12	$302
Oct 2017	96	49.29	2.98	$286
Sep 2017	100	47.52	3.09	$309
Aug 2017	107	45.37	3.00	$321
Jul 2017	106	43.87	3.09	$327
Jun 2017	99	42.49	3.09	$306
May 2017	107	45.37	3.26	$349
Apr 2017	99	47.93	3.21	$318
Mar 2017	109	46.77	2.98	$325
Feb 2017	89	50.45	2.95	$263
Jan 2017	94	49.41	3.42	$321
Dec 2016	96	48.76	3.72	$357
Nov 2016	102	42.49	2.64	$270
Oct 2016	110	46.19	3.09	$340
Sep 2016	102	41.55	3.10	$316
Aug 2016	108	41.44	2.92	$316
Jul 2016	118	41.62	2.92	$345
Jun 2016	104	45.35	2.69	$279
May 2016	106	42.52	1.99	$211
Apr 2016	97	36.56	1.99	$193
Mar 2016	95	33.01	1.79	$170
Feb 2016	99	26.47	2.06	$204
Jan 2016	97	27.35	2.36	$229
Dec 2015	95	32.36	2.00	$190
Nov 2015	98	38.79	2.17	$212
Oct 2015	113	43.55	2.43	$274
Sep 2015	107	42.99	2.76	$295
Aug 2015	119	40.16	2.87	$342
Jul 2015	118	48.15	2.95	$348
Jun 2015	110	56.15	2.88	$317
May 2015	120	55.21	2.96	$355
Apr 2015	115	49.82	2.71	$311
Mar 2015	112	42.89	2.93	$329
Feb 2015	93	44.66	2.98	$277
Jan 2015	108	43.43	3.10	$335
Dec 2014	114	54.69	3.59	$409
Nov 2014	114	70.46	4.25	$485
Oct 2014	115	78.30	3.90	$449
Sep 2014	98	86.16	4.05	$396
Aug 2014	104	89.39	4.04	$420
Jul 2014	110	96.56	4.18	$460
Jun 2014	123	98.16	4.74	$583
May 2014	127	94.73	4.73	$600
Apr 2014	134	95.94	4.81	$644
Mar 2014	134	95.89	5.06	$678
Feb 2014	93	97.40	6.19	$576
Jan 2014	82	90.40	4.86	$399
Dec 2013	89	91.82	4.35	$388
Nov 2013	90	88.85	3.74	$336
Oct 2013	97	97.42	3.78	$367
Sep 2013	97	104.11	3.72	$361
Aug 2013	96	104.25	3.52	$338
Jul 2013	106	102.52	3.72	$394
Jun 2013	101	94.40	3.93	$397
May 2013	106	94.83	4.15	$440
Apr 2013	98	93.96	4.28	$420
Mar 2013	111	93.62	3.91	$434
Feb 2013	115	91.23	3.42	$393
Jan 2013	138	91.60	3.42	$472
Dec 2012	87	86.77	3.42	$298
Nov 2012	46	86.95	3.62	$167
Oct 2012	114	89.38	3.40	$388
Sep 2012	95	94.67	2.92	$277
Aug 2012	94	92.66	2.91	$273
Jul 2012	101	85.13	3.02	$305
Jun 2012	109	79.82	2.52	$275
May 2012	146	91.61	2.49	$363
Apr 2012	110	101.65	2.00	$220
Mar 2012	107	105.05	2.22	$238
Feb 2012	93	101.10	2.57	$239
Jan 2012	107	98.09	2.73	$293
Dec 2011	103	96.87	3.24	$334
Nov 2011	97	95.72	3.31	$321
Oct 2011	94	84.98	3.65	$343
Sep 2011	72	83.62	3.99	$287
Aug 2011	77	83.40	4.15	$320
Jul 2011	77	94.14	4.52	$348
Jun 2011	78	92.90	4.64	$362
May 2011	91	98.13	4.40	$401
Apr 2011	94	105.96	4.33	$407
Mar 2011	73	96.36	4.06	$296
Feb 2011	67	85.64	4.18	$280
Jan 2011	77	86.50	4.59	$353
Dec 2010	79	85.73	4.35	$343
Nov 2010	78	80.84	3.80	$296
Oct 2010	81	78.10	3.51	$284
Sep 2010	66	72.63	3.98	$263
Aug 2010	55	73.68	4.42	$243
Jul 2010	68	72.55	4.74	$322
Jun 2010	54	70.36	4.91	$265
May 2010	44	71.12	4.24	$186
Apr 2010	65	81.69	4.12	$268
Mar 2010	81	78.39	4.39	$355
Feb 2010	73	73.58	5.44	$397
Jan 2010	85	74.36	5.96	$507
Dec 2009	87	71.44	5.48	$477
Nov 2009	81	74.59	3.75	$304
Oct 2009	105	72.54	4.11	$432
Sep 2009	85	65.54	3.06	$261
Aug 2009	85	67.42	3.22	$274
Jul 2009	85	61.13	3.46	$294
Jun 2009	58	66.16	3.90	$226
May 2009	91	54.74	3.93	$357
Apr 2009	82	46.77	3.59	$294
Mar 2009	103	42.14	4.06	$418
Feb 2009	102	32.81	4.63	$473
Jan 2009	104	35.86	5.37	$559
Dec 2008	106	37.10	5.98	$634
Nov 2008	100	55.49	6.86	$686
Oct 2008	112	75.24	6.92	$775
Sep 2008	106	101.76	7.88	$835
Aug 2008	95	114.22	8.48	$806
Jul 2008	81	131.08	11.39	$923
Jun 2008	76	131.33	13.03	$990
May 2008	98	123.17	11.57	$1,134
Apr 2008	106	110.31	10.45	$1,108
Mar 2008	119	101.90	9.66	$1,150
Feb 2008	111	92.53	8.77	$974
Jan 2008	137	90.38	8.21	$1,124
Dec 2007	141	88.33	7.30	$1,030
Nov 2007	104	91.67	7.29	$758
Oct 2007	127	82.85	6.92	$879
Sep 2007	69	75.84	6.24	$431
Aug 2007	38	69.06	6.39	$243
Jul 2007	80	70.90	6.39	$511
Jun 2007	60	62.00	7.55	$453
May 2007	79	58.74	7.85	$620
Apr 2007	124	59.61	7.81	$968
Mar 2007	147	56.92	7.30	$1,073
Feb 2007	93	55.10	8.22	$764
Jan 2007	93	50.30	6.73	$626
Dec 2006	128	56.65	6.92	$886
Nov 2006	103	54.20	7.62	$785
Oct 2006	97	54.90	6.01	$583
Sep 2006	110	60.08	5.04	$554
Aug 2006	102	68.71	7.34	$749
Jul 2006	76	69.37	6.34	$482
Jun 2006	93	66.28	6.38	$594
May 2006	115	66.01	6.42	$739
Apr 2006	104	64.39	7.36	$765
Mar 2006	101	56.70	7.08	$715
Feb 2006	102	57.59	7.75	$791
Jan 2006	116	60.59	8.93	$1,036
Dec 2005	118	54.94	13.42	$1,583
Nov 2005	107	54.69	10.59	$1,133
Oct 2005	118	58.34	13.80	$1,628
Sep 2005	108	61.45	12.08	$1,305
Aug 2005	107	61.51	9.80	$1,048
Jul 2005	104	55.69	7.84	$816
Jun 2005	98	52.33	7.38	$723
May 2005	116	45.22	6.65	$772
Apr 2005	104	49.20	7.36	$765
Mar 2005	106	50.37	7.15	$758
Feb 2005	78	45.22	6.31	$492
Jan 2005	121	43.16	6.32	$765
Dec 2004	140	39.86	6.75	$945
Nov 2004	145	45.28	6.33	$918
Oct 2004	130	49.70	6.52	$847
Sep 2004	127	43.24	5.28	$671
Aug 2004	136	42.37	5.55	$755
Jul 2004	108	38.28	6.08	$657
Jun 2004	123	36.10	6.43	$791
May 2004	113	37.48	6.49	$734
Apr 2004	113	34.47	5.86	$662
Mar 2004	133	34.36	5.53	$736
Feb 2004	122	32.45	5.51	$672
Jan 2004	130	32.03	6.30	$819
Dec 2003	119	30.26	6.30	$750
Nov 2003	129	28.80	4.60	$593
Oct 2003	111	28.17	4.76	$528
Sep 2003	113	26.31	4.75	$537
Aug 2003	124	29.76	5.13	$636
Jul 2003	135	29.41	5.17	$698
Jun 2003	120	28.56	5.98	$718
May 2003	114	26.59	5.97	$681
Apr 2003	117	26.67	5.41	$633
Mar 2003	114	31.14	6.10	$695
Feb 2003	115	33.48	7.93	$911
Jan 2003	134	30.31	5.58	$748
Dec 2002	133	26.91	4.85	$646
Nov 2002	123	24.66	4.14	$509
Oct 2002	140	26.46	4.23	$592
Sep 2002	126	27.44	3.64	$458
Aug 2002	127	25.96	3.16	$402
Jul 2002	124	24.58	3.06	$380
Jun 2002	130	23.73	3.34	$434
May 2002	142	24.66	3.58	$509
Apr 2002	115	23.65	3.51	$404
Mar 2002	127	22.00	3.10	$394
Feb 2002	121	18.22	2.38	$287
Jan 2002	133	17.17	2.38	$316
Dec 2001	137	16.93	2.36	$324
Nov 2001	138	18.07	2.41	$332
Oct 2001	131	19.78	2.53	$331
Sep 2001	141	24.26	2.25	$317
Aug 2001	83	24.87	3.05	$253
Jul 2001	94	23.93	3.20	$301
Jun 2001	112	24.56	3.82	$428
May 2001	101	25.52	4.31	$435
Apr 2001	157	24.68	5.34	$838
Mar 2001	144	24.54	5.38	$774
Feb 2001	145	27.75	5.77	$836
Jan 2001	154	27.47	8.40	$1,293
Dec 2000	140	26.88	9.12	$1,277
Nov 2000	146	32.21	5.66	$826
Oct 2000	135	31.23	5.15	$695
Sep 2000	129	31.87	5.19	$669
Aug 2000	120	29.64	4.54	$545
Jul 2000	133	28.53	4.09	$544
Jun 2000	147	29.30	4.40	$646
May 2000	140	27.26	3.68	$515
Apr 2000	117	24.51	3.12	$365
Mar 2000	129	28.42	2.86	$369
Feb 2000	127	27.62	2.73	$346
Jan 2000	150	25.27	2.48	$372
Dec 1999	157	24.28	2.42	$381
Nov 1999	151	23.19	2.43	$368
Oct 1999	154	20.98	2.80	$432
Sep 1999	159	21.75	2.62	$416
Aug 1999	150	19.26	2.88	$431
Jul 1999	151	17.89	2.37	$358
Jun 1999	141	15.94	2.36	$333
May 1999	148	15.79	2.32	$344
Apr 1999	146	15.10	2.21	$322
Mar 1999	153	12.47	1.84	$281
Feb 1999	146	9.98	1.82	$265
Jan 1999	152	10.38	1.90	$289
Dec 1998	132	9.20	1.77	$234
Nov 1998	183	10.89	2.19	$400
Oct 1998	152	12.42	1.97	$299
Sep 1998	183	12.59	2.08	$381
Aug 1998	209	11.30	1.91	$399
Jul 1998	181	11.74	2.24	$405
Jun 1998	193	11.24	2.24	$432
May 1998	184	12.62	2.21	$406
Apr 1998	151	13.04	2.51	$378
Mar 1998	198	12.80	2.31	$457
Feb 1998	218	13.95	2.30	$501
Jan 1998	123	14.70	2.15	$265
Dec 1997	129	16.32	2.41	$311
Nov 1997	124	18.19	3.09	$383
Oct 1997	174	19.25	3.15	$548
Sep 1997	163	17.74	2.95	$482
Aug 1997	137	17.86	2.55	$350
Jul 1997	158	17.58	2.25	$355
Jun 1997	170	17.24	2.26	$384
May 1997	199	18.97	2.31	$459
Apr 1997	153	17.88	2.08	$319
Mar 1997	147	18.95	1.94	$285
Feb 1997	156	20.49	2.21	$344
Jan 1997	197	23.48	3.54	$697
Dec 1996	187	23.32	—	$0
Nov 1996	162	21.97	—	$0
Oct 1996	167	23.31	—	$0
Sep 1996	111	22.22	—	$0
Aug 1996	115	20.26	—	$0
Jul 1996	123	19.55	—	$0
Jun 1996	100	18.73	—	$0
May 1996	103	19.43	—	$0
Apr 1996	117	21.51	—	$0
Mar 1996	132	19.38	—	$0
Feb 1996	141	16.98	—	$0
Jan 1996	160	17.07	—	$0
Dec 1995	168	17.19	—	$0
Nov 1995	148	16.00	—	$0
Oct 1995	166	15.43	—	$0
Sep 1995	155	16.18	—	$0
Aug 1995	148	15.92	—	$0
Jul 1995	155	15.24	—	$0
Jun 1995	148	16.41	—	$0
May 1995	161	17.56	—	$0
Apr 1995	181	17.73	—	$0
Mar 1995	215	16.44	—	$0
Feb 1995	198	16.58	—	$0
Jan 1995	211	15.92	—	$0
Dec 1994	192	15.03	—	$0
Nov 1994	213	15.90	—	$0
Oct 1994	267	15.58	—	$0
Sep 1994	0	15.29	—	$0
Aug 1994	0	16.13	—	$0
Jul 1994	181	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	184	15.88	—	$0
Apr 1994	136	14.14	—	$0
Mar 1994	135	12.46	—	$0
Feb 1994	0	12.50	—	$0
Jan 1994	0	12.66	—	$0
Dec 1993	0	12.33	—	$0
Nov 1993	0	14.49	—	$0
Oct 1993	0	15.85	—	$0
Sep 1993	0	15.03	—	$0
Aug 1993	0	15.66	—	$0
Jul 1993	0	15.46	—	$0
Jun 1993	0	16.79	—	$0
May 1993	0	17.68	—	$0
Apr 1993	0	18.05	—	$0
Mar 1993	0	18.14	—	$0
Feb 1993	13	17.90	—	$0
Jan 1993	233	16.93	—	$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.

May 2026 — as filed, then multipliedworked

Gas                   79 Mcf  × $  3.05 =       $241

────────────────────────────────────────────────────
Month total                                     $241

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/31950 is the state's own key, not one this site invented.