KING,FAY

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

Operated by NORTH RIDGE CORPORATION (P-5 614120) in the REB (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125630District 7BField 75095500CondensateGasSave Export

Value, all time

$152 k

Jan 1993 – Jul 2005

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

151

no gaps in the span

Streams

condensate, gas

The REB (MARBLE FALLS) 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 431 leases and 525 wells, and the rule below applies to all of them.

Discovered

1982-03-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-01-01.

The Commission's schedule remark for this field reads: “EFF. 09-10-84 PER DOCKET #7B-82,934”

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
Condensate	Disposition	243 bbl	$11,003
Gas	Production	55,510 Mcf	$141,380
Total			$152,383

18,850 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 (1)

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 32.4188, -98.8808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41878, -98.88082 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

3,815 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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

The one well that filed a depth was drilled to 3,815 ft.

Completions filed

Feb 2005

1 of 1 wells

1 well


42-13336635	1	3,815 ft	Feb 2005	—	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 (151)

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

151 months


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	54	0	50.37	7.15	$2,720
Feb 2005	180	1,479	45.22	6.31	$17,475
Jan 2005	0	289	43.16	6.32	$1,827
Dec 2004	0	439	39.86	6.75	$2,964
Nov 2004	0	319	45.28	6.33	$2,019
Oct 2004	0	325	49.70	6.52	$2,117
Sep 2004	0	318	43.24	5.28	$1,680
Aug 2004	0	170	42.37	5.55	$944
Jul 2004	0	258	38.28	6.08	$1,570
Jun 2004	0	272	36.10	6.43	$1,750
May 2004	0	202	37.48	6.49	$1,312
Apr 2004	0	296	34.47	5.86	$1,734
Mar 2004	0	372	34.36	5.53	$2,057
Feb 2004	0	277	32.45	5.51	$1,526
Jan 2004	0	351	32.03	6.30	$2,211
Dec 2003	0	458	30.26	6.30	$2,886
Nov 2003	0	404	28.80	4.60	$1,856
Oct 2003	0	355	28.17	4.76	$1,690
Sep 2003	0	429	26.31	4.75	$2,037
Aug 2003	0	206	29.76	5.13	$1,057
Jul 2003	0	251	29.41	5.17	$1,298
Jun 2003	0	282	28.56	5.98	$1,687
May 2003	0	386	26.59	5.97	$2,305
Apr 2003	0	275	26.67	5.41	$1,487
Mar 2003	0	299	31.14	6.10	$1,823
Feb 2003	0	265	33.48	7.93	$2,100
Jan 2003	0	279	30.31	5.58	$1,557
Dec 2002	0	334	26.91	4.85	$1,621
Nov 2002	0	341	24.66	4.14	$1,411
Oct 2002	0	370	26.46	4.23	$1,565
Sep 2002	0	343	27.44	3.64	$1,247
Aug 2002	0	231	25.96	3.16	$731
Jul 2002	0	255	24.58	3.06	$781
Jun 2002	0	296	23.73	3.34	$988
May 2002	0	415	24.66	3.58	$1,487
Apr 2002	0	466	23.65	3.51	$1,637
Mar 2002	0	363	22.00	3.10	$1,126
Feb 2002	0	381	18.22	2.38	$905
Jan 2002	0	457	17.17	2.38	$1,086
Dec 2001	0	187	16.93	2.36	$442
Nov 2001	0	266	18.07	2.41	$640
Oct 2001	0	251	19.78	2.53	$635
Sep 2001	0	315	24.26	2.25	$709
Aug 2001	0	321	24.87	3.05	$980
Jul 2001	0	366	23.93	3.20	$1,170
Jun 2001	0	342	24.56	3.82	$1,308
May 2001	0	382	25.52	4.31	$1,645
Apr 2001	0	359	24.68	5.34	$1,915
Mar 2001	0	413	24.54	5.38	$2,220
Feb 2001	0	445	27.75	5.77	$2,566
Jan 2001	0	420	27.47	8.40	$3,527
Dec 2000	0	399	26.88	9.12	$3,640
Nov 2000	0	382	32.21	5.66	$2,161
Oct 2000	0	383	31.23	5.15	$1,971
Sep 2000	0	336	31.87	5.19	$1,743
Aug 2000	0	364	29.64	4.54	$1,653
Jul 2000	0	395	28.53	4.09	$1,615
Jun 2000	0	333	29.30	4.40	$1,464
May 2000	0	341	27.26	3.68	$1,255
Apr 2000	0	295	24.51	3.12	$919
Mar 2000	0	397	28.42	2.86	$1,135
Feb 2000	0	363	27.62	2.73	$990
Jan 2000	0	407	25.27	2.48	$1,010
Dec 1999	0	350	24.28	2.42	$848
Nov 1999	0	338	23.19	2.43	$823
Oct 1999	0	382	20.98	2.80	$1,071
Sep 1999	0	383	21.75	2.62	$1,003
Aug 1999	0	375	19.26	2.88	$1,078
Jul 1999	0	376	17.89	2.37	$892
Jun 1999	0	357	15.94	2.36	$843
May 1999	0	354	15.79	2.32	$822
Apr 1999	0	351	15.10	2.21	$775
Mar 1999	0	412	12.47	1.84	$757
Feb 1999	0	400	9.98	1.82	$727
Jan 1999	0	332	10.38	1.90	$631
Dec 1998	0	396	9.20	1.77	$702
Nov 1998	0	446	10.89	2.19	$975
Oct 1998	0	440	12.42	1.97	$866
Sep 1998	0	406	12.59	2.08	$846
Aug 1998	0	391	11.30	1.91	$746
Jul 1998	0	364	11.74	2.24	$814
Jun 1998	0	245	11.24	2.24	$548
May 1998	0	342	12.62	2.21	$755
Apr 1998	0	369	13.04	2.51	$924
Mar 1998	0	554	12.80	2.31	$1,279
Feb 1998	0	506	13.95	2.30	$1,163
Jan 1998	0	571	14.70	2.15	$1,230
Dec 1997	0	490	16.32	2.41	$1,181
Nov 1997	0	474	18.19	3.09	$1,464
Oct 1997	0	444	19.25	3.15	$1,399
Sep 1997	0	450	17.74	2.95	$1,330
Aug 1997	0	387	17.86	2.55	$989
Jul 1997	0	355	17.58	2.25	$798
Jun 1997	0	437	17.24	2.26	$986
May 1997	0	454	18.97	2.31	$1,048
Apr 1997	0	410	17.88	2.08	$854
Mar 1997	0	452	18.95	1.94	$876
Feb 1997	0	428	20.49	2.21	$944
Jan 1997	0	469	23.48	3.54	$1,660
Dec 1996	0	472	23.32	—	$0
Nov 1996	0	530	21.97	—	$0
Oct 1996	0	479	23.31	—	$0
Sep 1996	0	187	22.22	—	$0
Aug 1996	0	438	20.26	—	$0
Jul 1996	0	507	19.55	—	$0
Jun 1996	0	471	18.73	—	$0
May 1996	0	492	19.43	—	$0
Apr 1996	0	477	21.51	—	$0
Mar 1996	0	511	19.38	—	$0
Feb 1996	0	467	16.98	—	$0
Jan 1996	0	476	17.07	—	$0
Dec 1995	0	449	17.19	—	$0
Nov 1995	0	552	16.00	—	$0
Oct 1995	0	508	15.43	—	$0
Sep 1995	0	503	16.18	—	$0
Aug 1995	0	488	15.92	—	$0
Jul 1995	0	315	15.24	—	$0
Jun 1995	0	379	16.41	—	$0
May 1995	0	397	17.56	—	$0
Apr 1995	0	553	17.73	—	$0
Mar 1995	0	514	16.44	—	$0
Feb 1995	0	505	16.58	—	$0
Jan 1995	0	399	15.92	—	$0
Dec 1994	0	335	15.03	—	$0
Nov 1994	9	278	15.90	—	$143
Oct 1994	0	282	15.58	—	$0
Sep 1994	0	275	15.29	—	$0
Aug 1994	0	301	16.13	—	$0
Jul 1994	0	245	17.56	—	$0
Jun 1994	0	274	17.09	—	$0
May 1994	0	301	15.88	—	$0
Apr 1994	0	325	14.14	—	$0
Mar 1994	0	355	12.46	—	$0
Feb 1994	0	295	12.50	—	$0
Jan 1994	0	356	12.66	—	$0
Dec 1993	0	411	12.33	—	$0
Nov 1993	0	350	14.49	—	$0
Oct 1993	0	341	15.85	—	$0
Sep 1993	0	346	15.03	—	$0
Aug 1993	0	369	15.66	—	$0
Jul 1993	0	391	15.46	—	$0
Jun 1993	0	387	16.79	—	$0
May 1993	0	450	17.68	—	$0
Apr 1993	0	450	18.05	—	$0
Mar 1993	0	595	18.14	—	$0
Feb 1993	0	60	17.90	—	$0
Jan 1993	0	9	16.93	—	$0

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.

Mar 2005 — as filed, then multipliedworked

Condensate            54 bbl  × $ 50.37 =     $2,720
Gas                    0 Mcf  × $  7.15 =         $0

────────────────────────────────────────────────────
Month total                                   $2,720

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. 7B/G/125630 is the state's own key, not one this site invented.