KING, J. R.

Operated by 4 E OPERATING, INC. (P-5 953764) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6688District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$61 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition3,657 bbl$60,729
Casinghead gasProduction34 Mcf$0
Total$60,729

34 Mcf of this lease's gas, across 34 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.

Every month this lease reported (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
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 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
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 199846010.892.19$501
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199864011.301.91$723
Jul 19980011.742.24$0
Jun 199855011.242.24$618
May 199865012.622.21$820
Apr 19980013.042.51$0
Mar 199850012.802.31$640
Feb 199864013.952.30$893
Jan 199865014.702.15$956
Dec 199759016.322.41$963
Nov 199753018.193.09$964
Oct 1997167019.253.15$3,215
Sep 199785017.742.95$1,508
Aug 199737017.862.55$661
Jul 199756017.582.25$984
Jun 199744017.242.26$759
May 199761018.972.31$1,157
Apr 199751017.882.08$912
Mar 199793018.951.94$1,762
Feb 19970020.492.21$0
Jan 199753023.483.54$1,244
Dec 199652023.32$1,213
Nov 199627021.97$593
Oct 19960023.31$0
Sep 199665022.22$1,444
Aug 199651020.26$1,033
Jul 199651019.55$997
Jun 199636018.73$674
May 199670019.43$1,360
Apr 199671021.51$1,527
Mar 199639019.38$756
Feb 199643016.98$730
Jan 199662017.07$1,058
Dec 199548017.19$825
Nov 199565016.00$1,040
Oct 199552115.43$802
Sep 199560116.18$971
Aug 199543115.92$685
Jul 199569115.24$1,052
Jun 199541116.41$673
May 19950117.56$0
Apr 199556117.73$993
Mar 199553116.44$871
Feb 199562116.58$1,028
Jan 199553115.92$844
Dec 199449115.03$736
Nov 199486115.90$1,367
Oct 19940115.58$0
Sep 199460115.29$917
Aug 199458116.13$936
Jul 1994110117.56$1,932
Jun 19940117.09$0
May 199443115.88$683
Apr 199466114.14$933
Mar 199489112.46$1,109
Feb 1994166112.50$2,075
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993174114.49$2,521
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993115115.46$1,778
Jun 199328116.79$470
May 199357117.68$1,008
Apr 19930118.05$0
Mar 199388118.14$1,596
Feb 19930117.90$0
Jan 1993131116.93$2,218

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.

Nov 1998 — as filed, then multipliedworked
Oil                   46 bbl  × $ 10.89 =       $501
Casinghead gas         0 Mcf  × $  2.19 =         $0

────────────────────────────────────────────────────
Month total                                     $501

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. 6E/O/6688 is the state's own key, not one this site invented.