KING, J. A.

Operated by PEARSON, A. K. (P-5 647440) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2067District 10Field 42597332OilCasinghead gasSaveExport
Value, all time
$921 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
226
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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
OilDisposition25,367 bbl$920,750
Casinghead gasProduction93 Mcf$0
Total$920,750

93 Mcf of this lease's gas, across 29 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 (3)

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 36.1184, -100.9953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.12011, -100.99316 · centre of 2 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
8,650 ft
3 wells filed one
Completion to plug
31.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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

Between 6,800 and 8,916 ft, median 8,650 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1959 – May 1978
3 of 3 wells
Plug dates filed
Mar 1991
1 of 3 wells; 2 filed none

Last completion to plug: a median of 31.1 years across the 1 well that filed both dates, with the middle half between 31.1 years and 31.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3573082248,916 ftMay 1978Yes
42-3570209636,800 ftFeb 1960Mar 1991Yes
42-3570024418,650 ftJun 1959Yes

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 (226)

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

226 months

Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20112450105.964.33$25,960
Mar 2011189096.364.06$18,212
Feb 2011192085.644.18$16,443
Jan 20110086.504.59$0
Dec 2010192085.734.35$16,460
Nov 20100080.843.80$0
Oct 2010173078.103.51$13,511
Sep 20100072.633.98$0
Aug 2010176073.684.42$12,968
Jul 20100072.554.74$0
Jun 2010191070.364.91$13,439
May 20100071.124.24$0
Apr 2010191081.694.12$15,603
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201099074.365.96$7,362
Dec 2009194071.445.48$13,859
Nov 20090074.593.75$0
Oct 2009192072.544.11$13,928
Sep 20090065.543.06$0
Aug 2009194067.423.22$13,079
Jul 2009200061.133.46$12,226
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 2009192032.814.63$6,300
Jan 20090035.865.37$0
Dec 2008174037.105.98$6,455
Nov 20080055.496.86$0
Oct 2008181075.246.92$13,618
Sep 20081860101.767.88$18,927
Aug 200800114.228.48$0
Jul 20081930131.0811.39$25,298
Jun 20081660131.3313.03$21,801
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081840101.909.66$18,750
Feb 2008165092.538.77$15,267
Jan 2008183090.388.21$16,540
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007197082.856.92$16,321
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007194059.617.81$11,564
Mar 2007190056.927.30$10,815
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006203054.207.62$11,003
Oct 20060054.906.01$0
Sep 2006179060.085.04$10,754
Aug 2006188068.717.34$12,917
Jul 20060069.376.34$0
Jun 2006186066.286.38$12,328
May 20060066.016.42$0
Apr 2006163064.397.36$10,496
Mar 2006195056.707.08$11,057
Feb 20060057.597.75$0
Jan 2006199060.598.93$12,057
Dec 20050054.9413.42$0
Nov 2005198054.6910.59$10,829
Oct 20050058.3413.80$0
Sep 2005196061.4512.08$12,044
Aug 2005187061.519.80$11,502
Jul 20050055.697.84$0
Jun 2005182052.337.38$9,524
May 2005193045.226.65$8,727
Apr 20050049.207.36$0
Mar 2005197050.377.15$9,923
Feb 20050045.226.31$0
Jan 2005204043.166.32$8,805
Dec 20040039.866.75$0
Nov 2004185045.286.33$8,377
Oct 20040049.706.52$0
Sep 2004209043.245.28$9,037
Aug 2004198042.375.55$8,389
Jul 20040038.286.08$0
Jun 2004187036.106.43$6,751
May 20040037.486.49$0
Apr 2004174034.475.86$5,998
Mar 2004184034.365.53$6,322
Feb 20040032.455.51$0
Jan 2004180032.036.30$5,765
Dec 2003184030.266.30$5,568
Nov 20030028.804.60$0
Oct 2003174028.174.76$4,902
Sep 2003203026.314.75$5,341
Aug 2003197029.765.13$5,863
Jul 20030029.415.17$0
Jun 2003184028.565.98$5,255
May 20030026.595.97$0
Apr 2003185026.675.41$4,934
Mar 20030031.146.10$0
Feb 2003189033.487.93$6,328
Jan 2003203030.315.58$6,153
Dec 20020026.914.85$0
Nov 2002202024.664.14$4,981
Oct 2002207026.464.23$5,477
Sep 20020027.443.64$0
Aug 2002180025.963.16$4,673
Jul 2002197024.583.06$4,842
Jun 2002103023.733.34$2,444
May 2002170024.663.58$4,192
Apr 2002103023.653.51$2,436
Mar 2002176022.003.10$3,872
Feb 2002102018.222.38$1,858
Jan 20020017.172.38$0
Dec 2001195016.932.36$3,301
Nov 20010018.072.41$0
Oct 2001189019.782.53$3,738
Sep 2001189024.262.25$4,585
Aug 2001187024.873.05$4,651
Jul 20010023.933.20$0
Jun 2001192024.563.82$4,716
May 20010025.524.31$0
Apr 2001371024.685.34$9,156
Mar 2001192024.545.38$4,712
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000203026.889.12$5,457
Nov 2000191032.215.66$6,152
Oct 2000190031.235.15$5,934
Sep 20000031.875.19$0
Aug 2000209029.644.54$6,195
Jul 2000208028.534.09$5,934
Jun 2000187029.304.40$5,479
May 2000187027.263.68$5,098
Apr 2000195024.513.12$4,779
Mar 2000192028.422.86$5,457
Feb 2000196027.622.73$5,414
Jan 2000194025.272.48$4,902
Dec 1999196024.282.42$4,759
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999187012.471.84$2,332
Feb 1999009.981.82$0
Jan 1999166010.381.90$1,723
Dec 199819109.201.77$1,757
Nov 19980010.892.19$0
Oct 1998181012.421.97$2,248
Sep 1998190012.592.08$2,392
Aug 1998190011.301.91$2,147
Jul 1998208011.742.24$2,442
Jun 19980011.242.24$0
May 1998190012.622.21$2,398
Apr 1998193013.042.51$2,517
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998189014.702.15$2,778
Dec 19970016.322.41$0
Nov 1997193018.193.09$3,511
Oct 1997141019.253.15$2,714
Sep 1997196017.742.95$3,477
Aug 19970017.862.55$0
Jul 1997187017.582.25$3,287
Jun 1997209017.242.26$3,603
May 1997374018.972.31$7,095
Apr 1997182017.882.08$3,254
Mar 1997176018.951.94$3,335
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996166023.32$3,871
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996188020.26$3,809
Jul 1996205019.55$4,008
Jun 19960018.73$0
May 1996189019.43$3,672
Apr 1996188021.51$4,044
Mar 1996201019.38$3,895
Feb 19960016.98$0
Jan 1996161017.07$2,748
Dec 19950017.19$0
Nov 1995188016.00$3,008
Oct 1995233015.43$3,595
Sep 1995116016.18$1,877
Aug 1995349015.92$5,556
Jul 19950015.24$0
Jun 19950016.41$0
May 1995111317.56$1,949
Apr 1995114317.73$2,021
Mar 1995193316.44$3,173
Feb 19950316.58$0
Jan 1995261315.92$4,155
Dec 1994114315.03$1,713
Nov 1994219315.90$3,482
Oct 1994117415.58$1,823
Sep 1994232315.29$3,547
Aug 1994114416.13$1,839
Jul 1994232317.56$4,074
Jun 1994120317.09$2,051
May 1994112415.88$1,779
Apr 1994236514.14$3,337
Mar 1994236512.46$2,941
Feb 1994150212.50$1,875
Jan 19940312.66$0
Dec 1993115312.33$1,418
Nov 1993111214.49$1,608
Oct 1993112315.85$1,775
Sep 1993119315.03$1,789
Aug 1993114215.66$1,785
Jul 1993107315.46$1,654
Jun 1993114216.79$1,914
May 1993118317.68$2,086
Apr 1993114318.05$2,058
Mar 199390318.14$1,633
Feb 1993114417.90$2,041
Jan 1993236516.93$3,995

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.

Apr 2011 — as filed, then multipliedworked
Oil                  245 bbl  × $105.96 =    $25,960
Casinghead gas         0 Mcf  × $  4.33 =         $0

────────────────────────────────────────────────────
Month total                                  $25,960

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/O/2067 is the state's own key, not one this site invented.