KING, RAYE

Operated by PLACE OIL AND GAS CO. (P-5 667700) in the COLEMAN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29832District 7BField 19511001OilCasinghead gasSaveExport
Value, all time
$697 k
Jul 2006 – Mar 2022
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
189
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 892 leases and 2,428 wells, and the rule below applies to all of them.

Discovered
1910-12-31
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.

StreamBasisVolumeValue
OilDisposition9,541 bbl$692,783
Casinghead gasProduction1,294 Mcf$3,735
Total$696,518

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 31.8198, -99.6954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81978, -99.69536 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,542 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 3,542 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-0833570843,542 ftJun 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 (189)

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

189 months

Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220381.844.54$14
Dec 20210371.323.90$12
Nov 20210277.435.24$10
Oct 20210279.795.71$11
Sep 20210369.865.35$16
Aug 20210366.024.22$13
Jul 20210370.783.98$12
Jun 20210269.493.38$7
May 2021104363.483.02$6,611
Apr 20210360.362.76$8
Mar 20210361.302.72$8
Feb 20210257.805.55$11
Jan 20210250.412.81$6
Dec 20200244.642.68$5
Nov 20200238.772.71$5
Oct 20200236.972.48$5
Sep 20200237.091.99$4
Aug 20200239.982.39$5
Jul 20200238.371.83$4
Jun 20200634.901.69$10
May 20200216.921.81$4
Apr 20200314.751.80$5
Mar 20200930.341.86$17
Feb 202001249.881.98$24
Jan 202001857.252.09$38
Dec 201902959.012.30$67
Nov 201902655.302.75$72
Oct 201902453.472.42$58
Sep 201902055.052.66$53
Aug 201902953.112.30$67
Jul 201915110056.272.46$8,743
Jun 201908252.782.49$204
May 201908458.482.74$230
Apr 20191565762.632.75$9,927
Mar 201907156.803.06$217
Feb 20191504350.852.79$7,748
Jan 201903346.033.23$107
Dec 201802146.594.19$88
Nov 201801952.934.24$81
Oct 201804461.443.40$150
Sep 2018010059.543.11$311
Aug 201809959.403.07$304
Jul 2018010065.142.93$293
Jun 20188111560.183.08$5,228
May 2018010065.382.90$290
Apr 2018146163.842.90$9,324
Mar 20180161.222.79$3
Feb 20180061.782.77$0
Jan 2018164062.874.01$10,311
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201757045.373.00$2,586
Jul 2017161043.873.09$7,063
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017152047.933.21$7,285
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017163049.413.42$8,054
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016141046.193.09$6,513
Sep 20160041.553.10$0
Aug 2016165041.442.92$6,838
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016161042.521.99$6,846
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016172026.472.06$4,553
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015165042.992.76$7,093
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015120056.152.88$6,738
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015135044.662.98$6,029
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014167070.464.25$11,767
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201499089.394.04$8,850
Jul 20140096.564.18$0
Jun 201454098.164.74$5,301
May 2014117094.734.73$11,083
Apr 20140095.944.81$0
Mar 201485095.895.06$8,151
Feb 2014161097.406.19$15,681
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201338097.423.78$3,702
Sep 20131650104.113.72$17,178
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201393094.834.15$8,819
Apr 20130093.964.28$0
Mar 201392093.623.91$8,613
Feb 201337091.233.42$3,376
Jan 2013124091.603.42$11,358
Dec 201290086.773.42$7,809
Nov 20120086.953.62$0
Oct 2012114089.383.40$10,189
Sep 201292094.672.92$8,710
Aug 20120092.662.91$0
Jul 201293085.133.02$7,917
Jun 201273079.822.52$5,827
May 201295091.612.49$8,703
Apr 20121800101.652.00$18,297
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012167098.092.73$16,381
Dec 20110096.873.24$0
Nov 2011142095.723.31$13,592
Oct 20110084.983.65$0
Sep 201172083.623.99$6,021
Aug 2011123083.404.15$10,258
Jul 2011150094.144.52$14,121
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111390105.964.33$14,728
Mar 20110096.364.06$0
Feb 2011122085.644.18$10,448
Jan 20110086.504.59$0
Dec 201087085.734.35$7,459
Nov 2010172080.843.80$13,904
Oct 20100078.103.51$0
Sep 2010168072.633.98$12,202
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201097070.364.91$6,825
May 2010174071.124.24$12,375
Apr 20100081.694.12$0
Mar 2010169078.394.39$13,248
Feb 20100073.585.44$0
Jan 2010162074.365.96$12,046
Dec 20090071.445.48$0
Nov 2009173074.593.75$12,904
Oct 20090072.544.11$0
Sep 2009294065.543.06$19,269
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009152066.163.90$10,056
May 20090054.743.93$0
Apr 2009334046.773.59$15,621
Mar 20090042.144.06$0
Feb 2009172032.814.63$5,643
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008168055.496.86$9,322
Oct 20080075.246.92$0
Sep 20081810101.767.88$18,419
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081650131.3313.03$21,669
May 200800123.1711.57$0
Apr 20081570110.3110.45$17,319
Mar 200800101.909.66$0
Feb 2008160092.538.77$14,805
Jan 20080090.388.21$0
Dec 2007171088.337.30$15,104
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007160075.846.24$12,134
Aug 2007324069.066.39$22,375
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007314056.927.30$17,873
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006159054.906.01$8,729
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$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 2022 — as filed, then multipliedworked
Oil                    0 bbl  × $ 81.84 =         $0
Casinghead gas         3 Mcf  × $  4.54 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/29832 is the state's own key, not one this site invented.