KING, A. A.

Operated by ORYX ENERGY COMPANY (P-5 627127) 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 7912District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$606 k
Jan 1993 – Jan 1999
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
73
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
OilDisposition36,720 bbl$603,466
Casinghead gasProduction13,108 Mcf$2,811
Total$606,277

11,973 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.

Every month this lease reported (73)

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

73 months

Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998122012.592.08$1,536
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998932111.242.24$1,092
May 199807412.622.21$163
Apr 1998955513.042.51$1,377
Mar 19981305812.802.31$1,798
Feb 199805713.952.30$131
Jan 199824114.702.15$118
Dec 19971027216.322.41$1,838
Nov 199705918.193.09$182
Oct 1997377519.253.15$948
Sep 199707417.742.95$219
Aug 19971087617.862.55$2,123
Jul 1997467817.582.25$984
Jun 199707617.242.26$172
May 199707018.972.31$162
Apr 19972946517.882.08$5,392
Mar 199707018.951.94$136
Feb 199705920.492.21$130
Jan 19971225523.483.54$3,059
Dec 199610810923.32$2,519
Nov 19961048021.97$2,285
Oct 19961139323.31$2,634
Sep 19961609622.22$3,555
Aug 19969011820.26$1,823
Jul 199616311119.55$3,187
Jun 199616612618.73$3,109
May 199616713919.43$3,245
Apr 199619213821.51$4,130
Mar 199617613519.38$3,411
Feb 199622413516.98$3,804
Jan 199627515317.07$4,694
Dec 199515516017.19$2,664
Nov 199529317516.00$4,688
Oct 199531318815.43$4,830
Sep 199527322216.18$4,417
Aug 199532822215.92$5,222
Jul 199530720715.24$4,679
Jun 199545018016.41$7,385
May 199513718617.56$2,406
Apr 199534818417.73$6,170
Mar 199547819916.44$7,858
Feb 199523320716.58$3,863
Jan 199533820315.92$5,381
Dec 199414925015.03$2,239
Nov 199436722015.90$5,835
Oct 199456926615.58$8,865
Sep 199467920315.29$10,382
Aug 199491221016.13$14,711
Jul 199438419817.56$6,743
Jun 199463921717.09$10,921
May 199461120515.88$9,703
Apr 199489517414.14$12,655
Mar 199441912012.46$5,221
Feb 199465016612.50$8,125
Jan 199489624512.66$11,343
Dec 19931,13625212.33$14,007
Nov 19931,16426714.49$16,866
Oct 19931,19829015.85$18,988
Sep 19931,28329715.03$19,283
Aug 19931,49851315.66$23,459
Jul 19931,74748415.46$27,009
Jun 19931,92149716.79$32,254
May 19932,57954317.68$45,597
Apr 19932,20469818.05$39,782
Mar 19932,81875718.14$51,119
Feb 19932,68261417.90$48,008
Jan 19932,57852116.93$43,646

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.

Sep 1998 — as filed, then multipliedworked
Oil                  122 bbl  × $ 12.59 =     $1,536
Casinghead gas         0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,536

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/7912 is the state's own key, not one this site invented.