KING-MCGREGOR UNIT

Name: KING-MCGREGOR UNIT lease production and value, Nov 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TKP PETROLEUM, INC. (P-5 860891) in the MCLARTY (GOEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156955District 7CField 59699500CondensateGasSave Export

Value, all time

$121 k

Nov 1995 – Mar 2014

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

221

no gaps in the span

Streams

condensate, gas

The MCLARTY (GOEN) 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 15 leases and 28 wells, and the rule below applies to all of them.

Discovered

1983-01-07

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
Condensate	Disposition	28 bbl	$2,571
Gas	Production	39,328 Mcf	$118,651
Total			$121,222

4,956 Mcf of this lease's gas, across 14 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 31.8153, -99.8603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81526, -99.86032 · 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

100.0%

1 of 1 wells

Median depth

4,027 ft

1 wells filed one

Completion to plug

22.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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 4,027 ft.

Completions filed

Jul 1991

1 of 1 wells

Plug dates filed

Aug 2013

1 of 1 wells

Last completion to plug: a median of 22.1 years across the 1 well that filed both dates, with the middle half between 22.1 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-39934012	1	4,027 ft	Jul 1991	Aug 2013	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 (221)

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

221 months


Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	28	0	91.82	4.35	$2,571
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	22	66.01	6.42	$141
Apr 2006	0	15	64.39	7.36	$110
Mar 2006	0	14	56.70	7.08	$99
Feb 2006	0	8	57.59	7.75	$62
Jan 2006	0	13	60.59	8.93	$116
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	29	55.69	7.84	$227
Jun 2005	0	81	52.33	7.38	$598
May 2005	0	2	45.22	6.65	$13
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	75	45.22	6.31	$473
Jan 2005	0	82	43.16	6.32	$518
Dec 2004	0	216	39.86	6.75	$1,458
Nov 2004	0	51	45.28	6.33	$323
Oct 2004	0	23	49.70	6.52	$150
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	70	42.37	5.55	$389
Jul 2004	0	319	38.28	6.08	$1,941
Jun 2004	0	110	36.10	6.43	$708
May 2004	0	142	37.48	6.49	$922
Apr 2004	0	135	34.47	5.86	$791
Mar 2004	0	134	34.36	5.53	$741
Feb 2004	0	132	32.45	5.51	$727
Jan 2004	0	172	32.03	6.30	$1,084
Dec 2003	0	239	30.26	6.30	$1,506
Nov 2003	0	247	28.80	4.60	$1,135
Oct 2003	0	249	28.17	4.76	$1,185
Sep 2003	0	217	26.31	4.75	$1,031
Aug 2003	0	243	29.76	5.13	$1,247
Jul 2003	0	139	29.41	5.17	$719
Jun 2003	0	133	28.56	5.98	$796
May 2003	0	273	26.59	5.97	$1,631
Apr 2003	0	303	26.67	5.41	$1,638
Mar 2003	0	253	31.14	6.10	$1,542
Feb 2003	0	288	33.48	7.93	$2,283
Jan 2003	0	298	30.31	5.58	$1,663
Dec 2002	0	299	26.91	4.85	$1,451
Nov 2002	0	325	24.66	4.14	$1,345
Oct 2002	0	360	26.46	4.23	$1,522
Sep 2002	0	345	27.44	3.64	$1,254
Aug 2002	0	346	25.96	3.16	$1,095
Jul 2002	0	388	24.58	3.06	$1,188
Jun 2002	0	350	23.73	3.34	$1,168
May 2002	0	373	24.66	3.58	$1,337
Apr 2002	0	112	23.65	3.51	$393
Mar 2002	0	368	22.00	3.10	$1,142
Feb 2002	0	312	18.22	2.38	$741
Jan 2002	0	339	17.17	2.38	$805
Dec 2001	0	341	16.93	2.36	$806
Nov 2001	0	316	18.07	2.41	$760
Oct 2001	0	310	19.78	2.53	$784
Sep 2001	0	310	24.26	2.25	$698
Aug 2001	0	405	24.87	3.05	$1,237
Jul 2001	0	427	23.93	3.20	$1,365
Jun 2001	0	400	24.56	3.82	$1,530
May 2001	0	382	25.52	4.31	$1,645
Apr 2001	0	369	24.68	5.34	$1,969
Mar 2001	0	366	24.54	5.38	$1,968
Feb 2001	0	340	27.75	5.77	$1,961
Jan 2001	0	336	27.47	8.40	$2,822
Dec 2000	0	318	26.88	9.12	$2,901
Nov 2000	0	314	32.21	5.66	$1,777
Oct 2000	0	369	31.23	5.15	$1,899
Sep 2000	0	401	31.87	5.19	$2,080
Aug 2000	0	420	29.64	4.54	$1,907
Jul 2000	0	446	28.53	4.09	$1,824
Jun 2000	0	419	29.30	4.40	$1,842
May 2000	0	397	27.26	3.68	$1,461
Apr 2000	0	436	24.51	3.12	$1,359
Mar 2000	0	456	28.42	2.86	$1,304
Feb 2000	0	385	27.62	2.73	$1,050
Jan 2000	0	410	25.27	2.48	$1,017
Dec 1999	0	449	24.28	2.42	$1,088
Nov 1999	0	503	23.19	2.43	$1,224
Oct 1999	0	423	20.98	2.80	$1,186
Sep 1999	0	419	21.75	2.62	$1,097
Aug 1999	0	423	19.26	2.88	$1,216
Jul 1999	0	452	17.89	2.37	$1,072
Jun 1999	0	419	15.94	2.36	$990
May 1999	0	430	15.79	2.32	$998
Apr 1999	0	413	15.10	2.21	$912
Mar 1999	0	395	12.47	1.84	$726
Feb 1999	0	412	9.98	1.82	$749
Jan 1999	0	492	10.38	1.90	$935
Dec 1998	0	486	9.20	1.77	$862
Nov 1998	0	464	10.89	2.19	$1,014
Oct 1998	0	424	12.42	1.97	$835
Sep 1998	0	416	12.59	2.08	$866
Aug 1998	0	517	11.30	1.91	$986
Jul 1998	0	545	11.74	2.24	$1,219
Jun 1998	0	531	11.24	2.24	$1,188
May 1998	0	576	12.62	2.21	$1,271
Apr 1998	0	285	13.04	2.51	$714
Mar 1998	0	497	12.80	2.31	$1,148
Feb 1998	0	501	13.95	2.30	$1,152
Jan 1998	0	482	14.70	2.15	$1,039
Dec 1997	0	505	16.32	2.41	$1,218
Nov 1997	0	545	18.19	3.09	$1,683
Oct 1997	0	567	19.25	3.15	$1,786
Sep 1997	0	484	17.74	2.95	$1,430
Aug 1997	0	519	17.86	2.55	$1,326
Jul 1997	0	518	17.58	2.25	$1,164
Jun 1997	0	437	17.24	2.26	$986
May 1997	0	470	18.97	2.31	$1,085
Apr 1997	0	415	17.88	2.08	$864
Mar 1997	0	389	18.95	1.94	$754
Feb 1997	0	392	20.49	2.21	$865
Jan 1997	0	460	23.48	3.54	$1,628
Dec 1996	0	430	23.32	—	$0
Nov 1996	0	350	21.97	—	$0
Oct 1996	0	355	23.31	—	$0
Sep 1996	0	440	22.22	—	$0
Aug 1996	0	505	20.26	—	$0
Jul 1996	0	465	19.55	—	$0
Jun 1996	0	421	18.73	—	$0
May 1996	0	500	19.43	—	$0
Apr 1996	0	314	21.51	—	$0
Mar 1996	0	332	19.38	—	$0
Feb 1996	0	267	16.98	—	$0
Jan 1996	0	280	17.07	—	$0
Dec 1995	0	145	17.19	—	$0
Nov 1995	0	152	16.00	—	$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.

Dec 2013 — as filed, then multipliedworked

Condensate            28 bbl  × $ 91.82 =     $2,571
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $2,571

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/156955 is the state's own key, not one this site invented.