KING RANCH OIL & LIGNITE CO.

Operated by BAYLOR OPERATING, LLC (P-5 58832) in the FRADEAN (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124719District 7CField 32449200CondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 14 leases and 17 wells, and the rule below applies to all of them.

Discovered
1959-09-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
990 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED 11-1-79

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
CondensateDisposition10,457 bbl$463,482
GasProduction363,681 Mcf$1,269,177
Total$1,732,659

90,978 Mcf of this lease's gas, across 46 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 31.2335, -102.1662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23351, -102.16617 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,085 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
00.0%
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.
1100.0%

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 10,085 ft.

Completions filed
Jun 1987
1 of 1 wells

1 well

42-46100807210,085 ftJun 1987

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160841.442.92$23
Jul 201602541.622.92$73
Jun 201601945.352.69$51
May 20160042.521.99$0
Apr 2016712636.561.99$2,648
Mar 201604433.011.79$79
Feb 201603726.472.06$76
Jan 201604027.352.36$95
Dec 2015016232.362.00$324
Nov 20150138.792.17$2
Oct 2015058743.552.43$1,424
Sep 2015075042.992.76$2,069
Aug 2015054040.162.87$1,551
Jul 2015051848.152.95$1,526
Jun 20150056.152.88$0
May 20150455.212.96$12
Apr 20150349.822.71$8
Mar 20150242.892.93$6
Feb 20150244.662.98$6
Jan 201503143.433.10$96
Dec 2014056554.693.59$2,029
Nov 2014013070.464.25$553
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201402496.564.18$100
Jun 20140298.164.74$9
May 201417622994.734.73$17,755
Apr 2014083295.944.81$4,001
Mar 2014058395.895.06$2,948
Feb 20140697.406.19$37
Jan 2014018190.404.86$880
Dec 2013044591.824.35$1,938
Nov 201301,10888.853.74$4,142
Oct 201317384897.423.78$20,059
Sep 201301,063104.113.72$3,952
Aug 20130300104.253.52$1,057
Jul 20130845102.523.72$3,141
Jun 2013093194.403.93$3,662
May 201317747694.834.15$18,760
Apr 2013057693.964.28$2,467
Mar 2013053793.623.91$2,101
Feb 2013086091.233.42$2,941
Jan 2013071991.603.42$2,459
Dec 201201,13986.773.42$3,896
Nov 201201,12286.953.62$4,067
Oct 20121941,16289.383.40$21,290
Sep 201201,14294.672.92$3,333
Aug 201201,17092.662.91$3,403
Jul 201201,03485.133.02$3,124
Jun 201201,12479.822.52$2,831
May 201201,09491.612.49$2,722
Apr 20121911,172101.652.00$21,755
Mar 201201,120105.052.22$2,489
Feb 20120731101.102.57$1,879
Jan 201201,01898.092.73$2,783
Dec 2011088296.873.24$2,857
Nov 201119228895.723.31$19,332
Oct 2011069584.983.65$2,536
Sep 2011086483.623.99$3,444
Aug 201101,08683.404.15$4,506
Jul 201101,26694.144.52$5,719
Jun 201101,08992.904.64$5,053
May 2011085598.134.40$3,766
Apr 20111941,172105.964.33$25,635
Mar 2011088496.364.06$3,587
Feb 2011062485.644.18$2,608
Jan 2011085686.504.59$3,928
Dec 2010075185.734.35$3,265
Nov 2010091080.843.80$3,454
Oct 201010599578.103.51$11,692
Sep 2010061072.633.98$2,427
Aug 201019093573.684.42$18,131
Jul 2010042472.554.74$2,008
Jun 2010036570.364.91$1,792
May 2010043971.124.24$1,859
Apr 2010083581.694.12$3,442
Mar 201018280278.394.39$17,787
Feb 2010086873.585.44$4,724
Jan 2010096774.365.96$5,767
Dec 2009088171.445.48$4,831
Nov 2009091174.593.75$3,418
Oct 200919191872.544.11$17,628
Sep 2009061965.543.06$1,897
Aug 200901,24567.423.22$4,007
Jul 200901,30061.133.46$4,504
Jun 200901,08866.163.90$4,238
May 200901,23254.743.93$4,837
Apr 20091851,13546.773.59$12,724
Mar 2009095542.144.06$3,876
Feb 2009059232.814.63$2,743
Jan 200919836035.865.37$9,034
Dec 2008193837.105.98$5,644
Nov 2008087455.496.86$5,996
Oct 2008091575.246.92$6,334
Sep 20080695101.767.88$5,475
Aug 2008193648114.228.48$27,541
Jul 20080454131.0811.39$5,171
Jun 200801,268131.3313.03$16,525
May 200801,191123.1711.57$13,785
Apr 20081721,219110.3110.45$31,718
Mar 200801,147101.909.66$11,085
Feb 2008087592.538.77$7,674
Jan 200801,03090.388.21$8,452
Dec 200701,30288.337.30$9,507
Nov 20071771,32191.677.29$25,858
Oct 200701,39382.856.92$9,642
Sep 200701,52775.846.24$9,535
Aug 200701,47069.066.39$9,390
Jul 200701,52570.906.39$9,742
Jun 20071811,02162.007.55$18,929
May 200701,46158.747.85$11,463
Apr 200701,43059.617.81$11,161
Mar 200701,42756.927.30$10,420
Feb 20071691,22155.108.22$19,344
Jan 200701,15950.306.73$7,796
Dec 200601,04656.656.92$7,237
Nov 200617761854.207.62$14,301
Oct 2006091454.906.01$5,497
Sep 200601,53860.085.04$7,747
Aug 200601,62568.717.34$11,927
Jul 200601,70969.376.34$10,840
Jun 20061731,87466.286.38$23,430
May 200601,89866.016.42$12,195
Apr 2006081464.397.36$5,991
Mar 20061741,54456.707.08$20,802
Feb 200601,08857.597.75$8,433
Jan 200601,30160.598.93$11,622
Dec 200501,37454.9413.42$18,433
Nov 20051786454.6910.59$10,412
Oct 200501,01458.3413.80$13,989
Sep 2005093761.4512.08$11,318
Aug 200501,56761.519.80$15,352
Jul 20051752,52655.697.84$29,559
Jun 200501,58152.337.38$11,669
May 200501,43645.226.65$9,551
Apr 200501,50249.207.36$11,055
Mar 20051821,36350.377.15$18,919
Feb 200501,09045.226.31$6,880
Jan 200501,54743.166.32$9,780
Dec 200403,24139.866.75$21,880
Nov 200403,47645.286.33$22,005
Oct 20041771,48949.706.52$18,498
Sep 200401,23643.245.28$6,531
Aug 200401,37142.375.55$7,610
Jul 200402,89838.286.08$17,632
Jun 200401,53636.106.43$9,881
May 20041771,57137.486.49$16,837
Apr 200401,51034.475.86$8,846
Mar 200401,44834.365.53$8,008
Feb 200401,47232.455.51$8,110
Jan 20041821,51032.036.30$15,342
Dec 200301,58030.266.30$9,957
Nov 200301,47328.804.60$6,769
Oct 200301,56328.174.76$7,439
Sep 20030026.314.75$0
Aug 20031851,59029.765.13$13,662
Jul 200301,55029.415.17$8,015
Jun 200301,50028.565.98$8,974
May 200301,68426.595.97$10,058
Apr 200301,53226.675.41$8,284
Mar 200301,87131.146.10$11,406
Feb 20031821,71333.487.93$19,670
Jan 200301,51830.315.58$8,474
Dec 200201,02226.914.85$4,961
Nov 200201,39924.664.14$5,788
Oct 200201,53026.464.23$6,471
Sep 20021761,50727.443.64$10,308
Aug 200201,39225.963.16$4,405
Jul 200201,45024.583.06$4,440
Jun 200201,13623.733.34$3,792
May 200218298024.663.58$8,000
Apr 2002080223.653.51$2,817
Mar 200201,20922.003.10$3,751
Feb 200201,12918.222.38$2,682
Jan 200201,08417.172.38$2,575
Dec 20011751,06016.932.36$5,469
Nov 200101,02118.072.41$2,456
Oct 2001064119.782.53$1,621
Sep 2001029624.262.25$666
Aug 2001045424.873.05$1,386
Jul 20011781,20323.933.20$8,106
Jun 2001082924.563.82$3,170
May 2001097725.524.31$4,208
Apr 2001088724.685.34$4,732
Mar 20011881,42824.545.38$12,291
Feb 2001098127.755.77$5,658
Jan 200101,37227.478.40$11,523
Dec 20001841,37626.889.12$17,498
Nov 200001,37332.215.66$7,768
Oct 200001,68531.235.15$8,670
Sep 200001,52531.875.19$7,909
Aug 200001,50729.644.54$6,843
Jul 20001791,68628.534.09$12,002
Jun 200001,52729.304.40$6,715
May 200001,41927.263.68$5,222
Apr 200001,62224.513.12$5,054
Mar 20001841,55328.422.86$9,670
Feb 200001,43427.622.73$3,910
Jan 200001,31625.272.48$3,264
Dec 19991791,37724.282.42$7,684
Nov 199901,86623.192.43$4,542
Oct 199901,98420.982.80$5,563
Sep 199901,72421.752.62$4,515
Aug 19991811,68019.262.88$8,317
Jul 199901,83917.892.37$4,363
Jun 199901,81115.942.36$4,278
May 199901,77215.792.32$4,113
Apr 19991701,87815.102.21$6,714
Mar 199901,93612.471.84$3,559
Feb 199901,2369.981.82$2,247
Jan 19991841,93010.381.90$5,577
Dec 199801,9469.201.77$3,451
Nov 199801,92710.892.19$4,212
Oct 199801,96712.421.97$3,873
Sep 19981751,99212.592.08$6,352
Aug 199802,03711.301.91$3,885
Jul 199802,03611.742.24$4,555
Jun 199801,97411.242.24$4,416
May 19981742,11312.622.21$6,858
Apr 199802,11013.042.51$5,286
Mar 199802,08312.802.31$4,811
Feb 19981752,08813.952.30$7,242
Jan 199802,24014.702.15$4,827
Dec 199702,09816.322.41$5,058
Nov 19971732,11618.193.09$9,682
Oct 199701,87719.253.15$5,912
Sep 199701,70017.742.95$5,023
Aug 199701,36917.862.55$3,497
Jul 19971531,72117.582.25$6,557
Jun 199702,33517.242.26$5,271
May 19971702,61418.972.31$9,259
Apr 199702,89417.882.08$6,028
Mar 19971694,00918.951.94$10,977
Feb 1997702,79720.492.21$7,604
Jan 1997021723.483.54$768
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19967521723.31$1,748
Sep 1996055722.22$0
Aug 199601,80820.26$0
Jul 199602,15719.55$0
Jun 199601,64618.73$0
May 199601,82019.43$0
Apr 19961761,97021.51$3,786
Mar 199602,05319.38$0
Feb 199601,73516.98$0
Jan 199601,93817.07$0
Dec 19951802,00117.19$3,094
Nov 199502,03416.00$0
Oct 199501,99715.43$0
Sep 199502,05916.18$0
Aug 199502,13415.92$0
Jul 19951742,08515.24$2,652
Jun 199501,98616.41$0
May 199502,03017.56$0
Apr 199502,02317.73$0
Mar 199502,03316.44$0
Feb 19951801,78816.58$2,984
Jan 199502,08415.92$0
Dec 199402,12715.03$0
Nov 199402,11615.90$0
Oct 19941792,17115.58$2,789
Sep 199402,16515.29$0
Aug 199402,27316.13$0
Jul 199402,38017.56$0
Jun 199401,62817.09$0
May 19941701,21115.88$2,700
Apr 199402,11814.14$0
Mar 199401,97312.46$0
Feb 199401,83612.50$0
Jan 199402,03112.66$0
Dec 19932762,09912.33$3,403
Nov 199302,06514.49$0
Oct 199302,21015.85$0
Sep 199302,15815.03$0
Aug 199302,33515.66$0
Jul 199302,20415.46$0
Jun 199302,25516.79$0
May 19931752,04517.68$3,094
Apr 199302,38918.05$0
Mar 199302,40218.14$0
Feb 199302,19317.90$0
Jan 19931792,43916.93$3,030

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.

Aug 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.44 =         $0
Gas                    8 Mcf  × $  2.92 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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. 7C/G/124719 is the state's own key, not one this site invented.