KING "B"

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

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

Oil lease lease 2630District 10Field 11226800NGPA filingOilCasinghead gasSave Export

Value, all time

$695 k

Jan 1993 – Jan 2007

Value, last 12 filed months

at the published price for each month

Months reported

169

no gaps in the span

Streams

oil, casinghead gas

The BRADFORD (TONKAWA) 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 91 leases and 219 wells, and the rule below applies to all of them.

Discovered

1958-11-19

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 640 acres. The field rule took effect on 1961-04-17.

The Commission's schedule remark for this field reads: “MULTI 49B WITH 80 AC BASE UNIT UP TO 640 AC WITH 10% TOLERANCE.”

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
Oil	Disposition	5,488 bbl	$108,889
Casinghead gas	Production	235,579 Mcf	$586,588
Total			$695,476

51,791 Mcf of this lease's gas, across 48 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 (5)

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 36.2517, -100.4517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

36.25272, -100.44985 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

6,606 ft

5 wells filed one

Completion to plug

33.2 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

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

Between 6,600 and 7,600 ft, median 6,606 ft, over the 5 wells that filed a depth.

Completions filed

Sep 1964 – Jan 1980

4 of 5 wells; 1 filed none

Plug dates filed

Sep 1993 – Dec 2006

5 of 5 wells

Last completion to plug: a median of 33.2 years across the 4 wells that filed both dates, with the middle half between 27.1 years and 39.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-29500292	1	7,600 ft	—	Jul 2006	Yes
42-29530736	5	6,621 ft	Jan 1980	Dec 2006	Yes
42-29580431	4	6,600 ft	Nov 1967	Dec 2006	Yes
42-29522447	1D	6,606 ft	Jul 1966	Sep 1993	Yes
42-29580430	3	6,600 ft	Sep 1964	Dec 2006	Yes

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 (169)

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

169 months


Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	12	42.37	5.55	$67
Jul 2004	0	56	38.28	6.08	$341
Jun 2004	0	81	36.10	6.43	$521
May 2004	0	39	37.48	6.49	$253
Apr 2004	0	6	34.47	5.86	$35
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	155	32.45	5.51	$854
Jan 2004	181	610	32.03	6.30	$9,640
Dec 2003	0	733	30.26	6.30	$4,619
Nov 2003	0	683	28.80	4.60	$3,138
Oct 2003	0	146	28.17	4.76	$695
Sep 2003	0	847	26.31	4.75	$4,023
Aug 2003	0	1,171	29.76	5.13	$6,007
Jul 2003	0	973	29.41	5.17	$5,031
Jun 2003	0	1,150	28.56	5.98	$6,880
May 2003	0	1,198	26.59	5.97	$7,155
Apr 2003	0	851	26.67	5.41	$4,602
Mar 2003	192	533	31.14	6.10	$9,228
Feb 2003	0	511	33.48	7.93	$4,050
Jan 2003	0	664	30.31	5.58	$3,706
Dec 2002	0	787	26.91	4.85	$3,820
Nov 2002	0	1,130	24.66	4.14	$4,675
Oct 2002	0	1,307	26.46	4.23	$5,527
Sep 2002	0	1,131	27.44	3.64	$4,111
Aug 2002	0	1,213	25.96	3.16	$3,838
Jul 2002	0	1,296	24.58	3.06	$3,968
Jun 2002	0	1,202	23.73	3.34	$4,013
May 2002	0	1,173	24.66	3.58	$4,204
Apr 2002	178	1,374	23.65	3.51	$9,036
Mar 2002	0	1,525	22.00	3.10	$4,732
Feb 2002	0	1,539	18.22	2.38	$3,656
Jan 2002	0	1,789	17.17	2.38	$4,250
Dec 2001	187	1,642	16.93	2.36	$7,048
Nov 2001	0	1,617	18.07	2.41	$3,890
Oct 2001	0	1,313	19.78	2.53	$3,320
Sep 2001	0	1,153	24.26	2.25	$2,596
Aug 2001	0	1,111	24.87	3.05	$3,392
Jul 2001	175	1,347	23.93	3.20	$8,494
Jun 2001	0	1,556	24.56	3.82	$5,950
May 2001	0	1,106	25.52	4.31	$4,764
Apr 2001	0	1,676	24.68	5.34	$8,942
Mar 2001	0	2,450	24.54	5.38	$13,172
Feb 2001	184	2,266	27.75	5.77	$18,174
Jan 2001	0	2,481	27.47	8.40	$20,837
Dec 2000	0	2,589	26.88	9.12	$23,618
Nov 2000	0	2,664	32.21	5.66	$15,073
Oct 2000	0	2,676	31.23	5.15	$13,769
Sep 2000	176	2,216	31.87	5.19	$17,102
Aug 2000	0	2,485	29.64	4.54	$11,284
Jul 2000	0	2,611	28.53	4.09	$10,678
Jun 2000	165	2,604	29.30	4.40	$16,285
May 2000	0	2,742	27.26	3.68	$10,090
Apr 2000	0	2,663	24.51	3.12	$8,298
Mar 2000	186	2,760	28.42	2.86	$13,179
Feb 2000	0	2,531	27.62	2.73	$6,901
Jan 2000	182	2,371	25.27	2.48	$10,480
Dec 1999	0	2,521	24.28	2.42	$6,110
Nov 1999	0	2,514	23.19	2.43	$6,119
Oct 1999	181	2,962	20.98	2.80	$12,102
Sep 1999	0	2,759	21.75	2.62	$7,225
Aug 1999	0	2,424	19.26	2.88	$6,970
Jul 1999	0	2,807	17.89	2.37	$6,659
Jun 1999	0	2,582	15.94	2.36	$6,099
May 1999	175	3,011	15.79	2.32	$9,752
Apr 1999	0	3,011	15.10	2.21	$6,648
Mar 1999	182	3,157	12.47	1.84	$8,073
Feb 1999	0	2,700	9.98	1.82	$4,908
Jan 1999	0	2,877	10.38	1.90	$5,466
Dec 1998	186	3,142	9.20	1.77	$7,283
Nov 1998	0	3,139	10.89	2.19	$6,861
Oct 1998	0	3,391	12.42	1.97	$6,678
Sep 1998	177	3,296	12.59	2.08	$9,093
Aug 1998	0	3,475	11.30	1.91	$6,628
Jul 1998	0	3,265	11.74	2.24	$7,305
Jun 1998	86	3,123	11.24	2.24	$7,954
May 1998	0	3,389	12.62	2.21	$7,477
Apr 1998	0	3,352	13.04	2.51	$8,398
Mar 1998	174	3,501	12.80	2.31	$10,313
Feb 1998	187	3,248	13.95	2.30	$10,076
Jan 1998	0	3,653	14.70	2.15	$7,871
Dec 1997	0	3,661	16.32	2.41	$8,827
Nov 1997	189	3,622	18.19	3.09	$14,624
Oct 1997	138	3,731	19.25	3.15	$14,408
Sep 1997	0	3,592	17.74	2.95	$10,614
Aug 1997	0	3,823	17.86	2.55	$9,767
Jul 1997	0	2,827	17.58	2.25	$6,352
Jun 1997	115	2,851	17.24	2.26	$8,418
May 1997	0	3,009	18.97	2.31	$6,946
Apr 1997	116	2,987	17.88	2.08	$8,295
Mar 1997	0	1,412	18.95	1.94	$2,738
Feb 1997	65	1,268	20.49	2.21	$4,129
Jan 1997	0	1,191	23.48	3.54	$4,216
Dec 1996	0	1,316	23.32	—	$0
Nov 1996	0	1,352	21.97	—	$0
Oct 1996	74	1,272	23.31	—	$1,725
Sep 1996	0	1,902	22.22	—	$0
Aug 1996	68	1,830	20.26	—	$1,378
Jul 1996	65	1,632	19.55	—	$1,271
Jun 1996	70	1,708	18.73	—	$1,311
May 1996	0	1,727	19.43	—	$0
Apr 1996	122	1,740	21.51	—	$2,624
Mar 1996	71	1,821	19.38	—	$1,376
Feb 1996	69	1,332	16.98	—	$1,172
Jan 1996	0	1,544	17.07	—	$0
Dec 1995	65	1,350	17.19	—	$1,117
Nov 1995	61	1,230	16.00	—	$976
Oct 1995	60	1,177	15.43	—	$926
Sep 1995	61	1,208	16.18	—	$987
Aug 1995	52	1,361	15.92	—	$828
Jul 1995	52	1,538	15.24	—	$792
Jun 1995	57	1,136	16.41	—	$935
May 1995	104	1,199	17.56	—	$1,826
Apr 1995	52	630	17.73	—	$922
Mar 1995	52	795	16.44	—	$855
Feb 1995	0	711	16.58	—	$0
Jan 1995	100	804	15.92	—	$1,592
Dec 1994	0	739	15.03	—	$0
Nov 1994	0	778	15.90	—	$0
Oct 1994	53	772	15.58	—	$826
Sep 1994	0	738	15.29	—	$0
Aug 1994	0	732	16.13	—	$0
Jul 1994	53	1,063	17.56	—	$931
Jun 1994	0	913	17.09	—	$0
May 1994	0	1,045	15.88	—	$0
Apr 1994	62	369	14.14	—	$877
Mar 1994	0	437	12.46	—	$0
Feb 1994	0	340	12.50	—	$0
Jan 1994	0	391	12.66	—	$0
Dec 1993	0	411	12.33	—	$0
Nov 1993	31	368	14.49	—	$449
Oct 1993	0	767	15.85	—	$0
Sep 1993	30	373	15.03	—	$451
Aug 1993	0	350	15.66	—	$0
Jul 1993	19	330	15.46	—	$294
Jun 1993	41	1,703	16.79	—	$688
May 1993	83	1,815	17.68	—	$1,467
Apr 1993	0	1,977	18.05	—	$0
Mar 1993	0	1,064	18.14	—	$0
Feb 1993	42	938	17.90	—	$752
Jan 1993	42	1,063	16.93	—	$711

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 2004 — as filed, then multipliedworked

Oil                    0 bbl  × $ 42.37 =         $0
Casinghead gas        12 Mcf  × $  5.55 =        $67

────────────────────────────────────────────────────
Month total                                      $67

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/2630 is the state's own key, not one this site invented.