KING "A"

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 2921District 10Field 11226800NGPA filingOilCasinghead gasSaveExport
Value, all time
$104 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA4none

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
OilDisposition4,522 bbl$77,651
Casinghead gasProduction123,714 Mcf$26,358
Total$104,009

112,762 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 (6)

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 36.2514, -100.4663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

36.25192, -100.46892 · 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%
6 of 6 wells
With a plug date
100.0%
6 of 6 wells
Median depth
6,625 ft
6 wells filed one
Completion to plug
27.2 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
6100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
6100.0%
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 6,582 and 9,200 ft, median 6,625 ft, over the 6 wells that filed a depth.

Completions filed
Nov 1963 – Jun 1980
6 of 6 wells
Plug dates filed
Nov 2006 – Dec 2006
6 of 6 wells

Last completion to plug: a median of 27.2 years across the 6 wells that filed both dates, with the middle half between 26.8 years and 37.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-2953077196,582 ftJun 1980Nov 2006Yes
42-2953072576,615 ftJan 1980Nov 2006Yes
42-2953072786,630 ftJan 1980Nov 2006Yes
42-2953064969,200 ftJun 1979Dec 2006Yes
42-2952242956,630 ftMay 1966Nov 2006Yes
42-2958049036,620 ftNov 1963Nov 2006Yes

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 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
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 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199738019.253.15$732
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997096017.582.25$2,157
Jun 1997771,00417.242.26$3,594
May 199701,07318.972.31$2,477
Apr 1997771,05717.882.08$3,578
Mar 199702,50818.951.94$4,863
Feb 19971072,25320.492.21$7,162
Jan 199702,09723.483.54$7,423
Dec 199602,31023.32$0
Nov 199602,36521.97$0
Oct 19961172,63223.31$2,727
Sep 199602,12822.22$0
Aug 19961113,05520.26$2,249
Jul 19961052,73419.55$2,053
Jun 19961142,85418.73$2,135
May 199602,90919.43$0
Apr 19961992,92721.51$4,280
Mar 19961163,05119.38$2,248
Feb 19961122,23916.98$1,902
Jan 199602,61217.07$0
Dec 19951302,69117.19$2,235
Nov 19951292,61216.00$2,064
Oct 19951273,03415.43$1,960
Sep 19951302,54616.18$2,103
Aug 19951292,75915.92$2,054
Jul 19951292,97515.24$1,966
Jun 19951412,53316.41$2,314
May 19952602,62617.56$4,566
Apr 19951311,66617.73$2,323
Mar 19951292,07316.44$2,121
Feb 199501,88116.58$0
Jan 19952642,12515.92$4,203
Dec 199401,96115.03$0
Nov 199402,04015.90$0
Oct 19941322,04315.58$2,057
Sep 199401,95615.29$0
Aug 199401,94316.13$0
Jul 19941291,79417.56$2,265
Jun 199401,55217.09$0
May 1994101,76615.88$159
Apr 19943092,58314.14$4,369
Mar 199402,61212.46$0
Feb 199402,37912.50$0
Jan 199402,73612.66$0
Dec 199302,86512.33$0
Nov 19931552,56814.49$2,246
Oct 199305,27415.85$0
Sep 19931502,60915.03$2,255
Aug 199302,45515.66$0
Jul 1993712,75715.46$1,098
Jun 19931381,76516.79$2,317
May 19932781,87517.68$4,915
Apr 1993060918.05$0
Mar 199301,03518.14$0
Feb 19931391,02317.90$2,488
Jan 19931391,22516.93$2,353

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.

Oct 1997 — as filed, then multipliedworked
Oil                   38 bbl  × $ 19.25 =       $732
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $732

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/2921 is the state's own key, not one this site invented.