KING, FAY

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

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26915District 7BField 27358001OilCasinghead gasSave Export

Value, all time

$665 k

May 1993 – May 2015

Value, last 12 filed months

at the published price for each month

Months reported

265

no gaps in the span

Streams

oil, casinghead gas

The EASTLAND COUNTY REGULAR 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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered

1917-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	4,015 bbl	$160,658
Casinghead gas	Production	87,771 Mcf	$504,500
Total			$665,159

6,825 Mcf of this lease's gas, across 44 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 (2)

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 32.4187, -98.8766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.41868, -98.87664 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

3,845 ft

2 wells filed one

Completion to plug

20.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

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

150.0%

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 3,815 and 3,875 ft, median 3,845 ft, over the 2 wells that filed a depth.

Completions filed

May 1993 – Feb 2005

2 of 2 wells

Plug dates filed

Apr 2014

1 of 2 wells; 1 filed none

Last completion to plug: a median of 20.9 years across the 1 well that filed both dates, with the middle half between 20.9 years and 20.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-13336635	1	3,815 ft	Feb 2005	—	Yes
42-13336755	2	3,875 ft	May 1993	Apr 2014	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 (265)

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

265 months


May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	199	90.40	4.86	$967
Dec 2013	0	265	91.82	4.35	$1,154
Nov 2013	0	214	88.85	3.74	$800
Oct 2013	0	331	97.42	3.78	$1,251
Sep 2013	0	212	104.11	3.72	$788
Aug 2013	0	191	104.25	3.52	$673
Jul 2013	0	87	102.52	3.72	$323
Jun 2013	0	65	94.40	3.93	$256
May 2013	0	710	94.83	4.15	$2,946
Apr 2013	16	501	93.96	4.28	$3,649
Mar 2013	0	365	93.62	3.91	$1,428
Feb 2013	0	479	91.23	3.42	$1,638
Jan 2013	0	413	91.60	3.42	$1,412
Dec 2012	0	1,320	86.77	3.42	$4,515
Nov 2012	0	1,335	86.95	3.62	$4,839
Oct 2012	0	138	89.38	3.40	$469
Sep 2012	0	171	94.67	2.92	$499
Aug 2012	0	364	92.66	2.91	$1,059
Jul 2012	0	362	85.13	3.02	$1,094
Jun 2012	0	350	79.82	2.52	$882
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	430	101.65	2.00	$859
Mar 2012	0	448	105.05	2.22	$995
Feb 2012	0	351	101.10	2.57	$902
Jan 2012	0	418	98.09	2.73	$1,143
Dec 2011	0	361	96.87	3.24	$1,170
Nov 2011	0	477	95.72	3.31	$1,579
Oct 2011	0	195	84.98	3.65	$711
Sep 2011	0	12	83.62	3.99	$48
Aug 2011	0	15	83.40	4.15	$62
Jul 2011	0	250	94.14	4.52	$1,129
Jun 2011	0	432	92.90	4.64	$2,004
May 2011	0	414	98.13	4.40	$1,824
Apr 2011	0	563	105.96	4.33	$2,440
Mar 2011	0	674	96.36	4.06	$2,735
Feb 2011	0	249	85.64	4.18	$1,041
Jan 2011	0	531	86.50	4.59	$2,437
Dec 2010	0	296	85.73	4.35	$1,287
Nov 2010	0	354	80.84	3.80	$1,344
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	62	420	72.63	3.98	$6,174
Aug 2010	0	514	73.68	4.42	$2,272
Jul 2010	0	532	72.55	4.74	$2,520
Jun 2010	0	427	70.36	4.91	$2,097
May 2010	0	414	71.12	4.24	$1,753
Apr 2010	0	417	81.69	4.12	$1,719
Mar 2010	0	508	78.39	4.39	$2,229
Feb 2010	0	597	73.58	5.44	$3,249
Jan 2010	59	452	74.36	5.96	$7,083
Dec 2009	0	294	71.44	5.48	$1,612
Nov 2009	0	423	74.59	3.75	$1,587
Oct 2009	0	546	72.54	4.11	$2,244
Sep 2009	0	613	65.54	3.06	$1,879
Aug 2009	0	536	67.42	3.22	$1,725
Jul 2009	0	496	61.13	3.46	$1,718
Jun 2009	28	459	66.16	3.90	$3,640
May 2009	0	594	54.74	3.93	$2,332
Apr 2009	0	530	46.77	3.59	$1,901
Mar 2009	50	553	42.14	4.06	$4,352
Feb 2009	0	544	32.81	4.63	$2,520
Jan 2009	44	657	35.86	5.37	$5,107
Dec 2008	0	723	37.10	5.98	$4,321
Nov 2008	0	842	55.49	6.86	$5,776
Oct 2008	0	871	75.24	6.92	$6,029
Sep 2008	0	759	101.76	7.88	$5,979
Aug 2008	0	739	114.22	8.48	$6,269
Jul 2008	34	709	131.08	11.39	$12,532
Jun 2008	0	713	131.33	13.03	$9,292
May 2008	74	791	123.17	11.57	$18,270
Apr 2008	0	774	110.31	10.45	$8,092
Mar 2008	0	780	101.90	9.66	$7,538
Feb 2008	0	794	92.53	8.77	$6,964
Jan 2008	0	934	90.38	8.21	$7,664
Dec 2007	81	932	88.33	7.30	$13,960
Nov 2007	0	781	91.67	7.29	$5,695
Oct 2007	0	857	82.85	6.92	$5,932
Sep 2007	0	855	75.84	6.24	$5,339
Aug 2007	72	914	69.06	6.39	$10,811
Jul 2007	0	884	70.90	6.39	$5,647
Jun 2007	0	894	62.00	7.55	$6,748
May 2007	0	904	58.74	7.85	$7,093
Apr 2007	0	879	59.61	7.81	$6,861
Mar 2007	56	939	56.92	7.30	$10,044
Feb 2007	0	893	55.10	8.22	$7,337
Jan 2007	0	1,106	50.30	6.73	$7,440
Dec 2006	67	1,114	56.65	6.92	$11,503
Nov 2006	0	1,000	54.20	7.62	$7,617
Oct 2006	0	1,134	54.90	6.01	$6,820
Sep 2006	65	965	60.08	5.04	$8,766
Aug 2006	0	852	68.71	7.34	$6,254
Jul 2006	148	1,256	69.37	6.34	$18,233
Jun 2006	0	1,109	66.28	6.38	$7,080
May 2006	0	1,081	66.01	6.42	$6,945
Apr 2006	0	1,085	64.39	7.36	$7,986
Mar 2006	77	1,375	56.70	7.08	$14,105
Feb 2006	0	1,082	57.59	7.75	$8,387
Jan 2006	95	1,255	60.59	8.93	$16,967
Dec 2005	75	1,248	54.94	13.42	$20,863
Nov 2005	0	1,305	54.69	10.59	$13,818
Oct 2005	60	1,333	58.34	13.80	$21,890
Sep 2005	65	1,339	61.45	12.08	$20,168
Aug 2005	72	1,432	61.51	9.80	$18,458
Jul 2005	96	1,488	55.69	7.84	$17,018
Jun 2005	84	1,452	52.33	7.38	$15,113
May 2005	88	1,464	45.22	6.65	$13,717
Apr 2005	179	1,493	49.20	7.36	$19,796
Mar 2005	15	0	50.37	7.15	$756
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	67	1	39.86	6.75	$2,677
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	0	1	49.70	6.52	$7
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	0	1	38.28	6.08	$6
Jun 2004	0	1	36.10	6.43	$6
May 2004	39	1	37.48	6.49	$1,468
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	83	0	32.45	5.51	$2,693
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	56	0	29.76	5.13	$1,667
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	61	0	26.67	5.41	$1,627
Mar 2003	0	4	31.14	6.10	$24
Feb 2003	0	27	33.48	7.93	$214
Jan 2003	0	32	30.31	5.58	$179
Dec 2002	67	72	26.91	4.85	$2,152
Nov 2002	0	54	24.66	4.14	$223
Oct 2002	0	24	26.46	4.23	$102
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	68	66	25.96	3.16	$1,974
Jul 2002	0	62	24.58	3.06	$190
Jun 2002	0	94	23.73	3.34	$314
May 2002	0	18	24.66	3.58	$65
Apr 2002	60	11	23.65	3.51	$1,458
Mar 2002	0	26	22.00	3.10	$81
Feb 2002	0	153	18.22	2.38	$363
Jan 2002	0	154	17.17	2.38	$366
Dec 2001	0	67	16.93	2.36	$158
Nov 2001	0	148	18.07	2.41	$356
Oct 2001	72	194	19.78	2.53	$1,915
Sep 2001	0	182	24.26	2.25	$410
Aug 2001	0	46	24.87	3.05	$140
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	72	1	25.52	4.31	$1,842
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	0	58	27.75	5.77	$334
Jan 2001	63	159	27.47	8.40	$3,066
Dec 2000	0	130	26.88	9.12	$1,186
Nov 2000	0	82	32.21	5.66	$464
Oct 2000	0	225	31.23	5.15	$1,158
Sep 2000	121	168	31.87	5.19	$4,728
Aug 2000	0	165	29.64	4.54	$749
Jul 2000	0	188	28.53	4.09	$769
Jun 2000	0	192	29.30	4.40	$844
May 2000	0	211	27.26	3.68	$776
Apr 2000	72	190	24.51	3.12	$2,357
Mar 2000	0	212	28.42	2.86	$606
Feb 2000	0	188	27.62	2.73	$513
Jan 2000	79	184	25.27	2.48	$2,453
Dec 1999	0	145	24.28	2.42	$351
Nov 1999	0	108	23.19	2.43	$263
Oct 1999	0	191	20.98	2.80	$536
Sep 1999	76	200	21.75	2.62	$2,177
Aug 1999	0	195	19.26	2.88	$561
Jul 1999	0	201	17.89	2.37	$477
Jun 1999	0	181	15.94	2.36	$428
May 1999	67	188	15.79	2.32	$1,494
Apr 1999	0	182	15.10	2.21	$402
Mar 1999	0	187	12.47	1.84	$344
Feb 1999	0	165	9.98	1.82	$300
Jan 1999	128	144	10.38	1.90	$1,602
Dec 1998	0	210	9.20	1.77	$372
Nov 1998	0	189	10.89	2.19	$413
Oct 1998	0	199	12.42	1.97	$392
Sep 1998	0	188	12.59	2.08	$392
Aug 1998	0	200	11.30	1.91	$381
Jul 1998	0	142	11.74	2.24	$318
Jun 1998	0	167	11.24	2.24	$374
May 1998	164	175	12.62	2.21	$2,456
Apr 1998	0	162	13.04	2.51	$406
Mar 1998	0	186	12.80	2.31	$430
Feb 1998	0	214	13.95	2.30	$492
Jan 1998	0	101	14.70	2.15	$218
Dec 1997	0	42	16.32	2.41	$101
Nov 1997	0	8	18.19	3.09	$25
Oct 1997	0	175	19.25	3.15	$551
Sep 1997	0	190	17.74	2.95	$561
Aug 1997	0	183	17.86	2.55	$468
Jul 1997	0	185	17.58	2.25	$416
Jun 1997	0	187	17.24	2.26	$422
May 1997	74	188	18.97	2.31	$1,838
Apr 1997	0	159	17.88	2.08	$331
Mar 1997	0	177	18.95	1.94	$343
Feb 1997	0	134	20.49	2.21	$296
Jan 1997	0	100	23.48	3.54	$354
Dec 1996	0	119	23.32	—	$0
Nov 1996	0	52	21.97	—	$0
Oct 1996	155	61	23.31	—	$3,613
Sep 1996	0	26	22.22	—	$0
Aug 1996	0	47	20.26	—	$0
Jul 1996	0	63	19.55	—	$0
Jun 1996	0	68	18.73	—	$0
May 1996	0	72	19.43	—	$0
Apr 1996	0	69	21.51	—	$0
Mar 1996	0	78	19.38	—	$0
Feb 1996	0	104	16.98	—	$0
Jan 1996	0	141	17.07	—	$0
Dec 1995	175	271	17.19	—	$3,008
Nov 1995	0	72	16.00	—	$0
Oct 1995	0	219	15.43	—	$0
Sep 1995	0	100	16.18	—	$0
Aug 1995	0	135	15.92	—	$0
Jul 1995	0	95	15.24	—	$0
Jun 1995	0	136	16.41	—	$0
May 1995	0	107	17.56	—	$0
Apr 1995	0	142	17.73	—	$0
Mar 1995	0	165	16.44	—	$0
Feb 1995	0	131	16.58	—	$0
Jan 1995	168	147	15.92	—	$2,675
Dec 1994	0	172	15.03	—	$0
Nov 1994	0	163	15.90	—	$0
Oct 1994	0	170	15.58	—	$0
Sep 1994	0	182	15.29	—	$0
Aug 1994	0	188	16.13	—	$0
Jul 1994	0	199	17.56	—	$0
Jun 1994	0	186	17.09	—	$0
May 1994	0	192	15.88	—	$0
Apr 1994	175	193	14.14	—	$2,475
Mar 1994	0	195	12.46	—	$0
Feb 1994	0	169	12.50	—	$0
Jan 1994	0	207	12.66	—	$0
Dec 1993	0	192	12.33	—	$0
Nov 1993	0	212	14.49	—	$0
Oct 1993	0	210	15.85	—	$0
Sep 1993	0	227	15.03	—	$0
Aug 1993	91	218	15.66	—	$1,425
Jul 1993	0	244	15.46	—	$0
Jun 1993	0	233	16.79	—	$0
May 1993	0	453	17.68	—	$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.

Jan 2014 — as filed, then multipliedworked

Oil                    0 bbl  × $ 90.40 =         $0
Casinghead gas       199 Mcf  × $  4.86 =       $967

────────────────────────────────────────────────────
Month total                                     $967

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/O/26915 is the state's own key, not one this site invented.