KING RANCH

Operated by WALSH & WATTS, INC. (P-5 895060) in the FRADEAN (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10038District 7CField 32449200OilCasinghead gasSaveExport
Value, all time
$9.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
401
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 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
OilDisposition78,839 bbl$4,365,195
Casinghead gasProduction1,306,959 Mcf$5,088,882
Total$9,454,076

92,218 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 (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 31.2381, -102.1700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.23813, -102.16995 · 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 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,020 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 10,000 and 10,039 ft, median 10,020 ft, over the 2 wells that filed a depth.

Completions filed
May 1960 – Jun 2007
2 of 2 wells
Plug dates filed
Jul 1984
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46100217510,000 ftJun 2007Jul 1984
42-461011674 U10,039 ftMay 1960

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 20261704,385106.413.05$31,446
Apr 202604,86898.932.87$13,970
Mar 20263464,79789.753.15$46,161
Feb 20261714,91763.503.75$29,299
Jan 202601,93659.138.00$15,484
Dec 202501,89956.664.41$8,381
Nov 202501,99558.593.93$7,833
Oct 20251771,75659.383.30$16,314
Sep 202502,30062.743.08$7,077
Aug 202502,14063.933.01$6,452
Jul 202501,75266.743.32$5,808
Jun 202501,89766.483.13$5,935
May 202502,28560.553.23$7,386
Apr 202502,27862.363.54$8,071
Mar 20251522,51767.704.27$21,034
Feb 202502,31870.884.34$10,062
Jan 202503,25774.324.28$13,936
Dec 202403,91768.993.12$12,226
Nov 20241733,95369.052.20$20,636
Oct 202404,33071.372.28$9,878
Sep 202402,48769.612.36$5,880
Aug 20241643,52675.632.06$19,680
Jul 202404,16379.932.15$8,936
Jun 20241563,87178.082.63$22,377
May 202404,03178.812.20$8,862
Apr 20241553,95484.451.66$19,650
Mar 20241604,19980.301.55$19,336
Feb 202403,91676.091.78$6,985
Jan 202404,26073.023.30$14,048
Dec 20231664,39571.262.61$23,303
Nov 202304,10377.892.81$11,519
Oct 20231743,69685.443.09$26,277
Sep 202304,11789.042.74$11,260
Aug 20231654,51180.522.67$25,343
Jul 202304,56174.852.64$12,049
Jun 20231664,30568.962.26$21,170
May 202304,68370.622.23$10,431
Apr 20231674,67678.122.24$23,510
Mar 20231665,29372.852.39$24,760
Feb 20231743,90275.112.47$22,690
Jan 202302,96676.533.39$10,048
Dec 202203,21376.415.73$18,408
Nov 202204,29385.005.65$24,239
Oct 20221674,89787.185.86$43,274
Sep 20221744,91084.888.16$54,853
Aug 202205,13094.529.13$46,822
Jul 20221725,367101.587.54$57,950
Jun 202205,346115.097.98$42,646
May 20221685,085109.378.43$61,256
Apr 20221765,779104.226.84$57,857
Mar 20223417,957108.885.08$77,521
Feb 20221783,40291.054.86$32,737
Jan 202202,95381.844.54$13,400
Dec 202102,58471.323.90$10,075
Nov 20211684,86577.435.24$38,486
Oct 20211704,50379.795.71$39,294
Sep 20211683,73069.865.35$31,695
Aug 202101,46066.024.22$6,162
Jul 202101,10170.783.98$4,384
Jun 202101,10169.493.38$3,722
May 202101,23863.483.02$3,736
Apr 202101,31260.362.76$3,619
Mar 202101,34861.302.72$3,662
Feb 202101,23657.805.55$6,857
Jan 202101,36550.412.81$3,836
Dec 2020054044.642.68$1,445
Nov 202002,07538.772.71$5,616
Oct 20201652,48336.972.48$12,254
Sep 20200037.091.99$0
Aug 202001,48239.982.39$3,535
Jul 2020170638.371.83$6,534
Jun 2020081134.901.69$1,371
May 202002,31516.921.81$4,201
Apr 20201683,04414.751.80$7,971
Mar 202002,93330.341.86$5,444
Feb 202016896549.881.98$10,291
Jan 202001,31157.252.09$2,746
Dec 20191752,61059.012.30$16,341
Nov 201902,53655.302.75$6,976
Oct 201902,77653.472.42$6,714
Sep 20191712,57655.052.66$16,259
Aug 201902,97853.112.30$6,862
Jul 20191714,02856.272.46$19,531
Jun 20191813,73252.782.49$18,850
May 201902,88458.482.74$7,903
Apr 20191714,26562.632.75$22,441
Mar 20191784,04256.803.06$22,487
Feb 201901,77650.852.79$4,959
Jan 20191703,74846.033.23$19,924
Dec 20181723,44946.594.19$22,449
Nov 201804,35152.934.24$18,436
Oct 20181734,11761.443.40$24,619
Sep 20181692,00759.543.11$16,300
Aug 201804,45759.403.07$13,668
Jul 20181723,97565.142.93$22,858
Jun 20181704,09760.183.08$22,837
May 201804,36365.382.90$12,656
Apr 20181804,24963.842.90$23,817
Mar 20181784,68561.222.79$23,954
Feb 20181813,95561.782.77$22,122
Jan 20180062.874.01$0
Dec 20171772,70257.272.92$18,031
Nov 20171784,59555.423.12$24,194
Oct 20171824,63349.292.98$22,794
Sep 201704,69547.523.09$14,495
Aug 20171814,89145.373.00$22,906
Jul 201704,97143.873.09$15,347
Jun 20171665,04342.493.09$22,622
May 20173385,85745.373.26$34,449
Apr 201704,45347.933.21$14,301
Mar 20171814,02246.772.98$20,466
Feb 20171815,03550.452.95$23,998
Jan 201703,52749.413.42$12,058
Dec 201603,26548.763.72$12,155
Nov 20161795,43142.492.64$21,967
Oct 20161635,02446.193.09$23,054
Sep 20161763,79841.553.10$19,089
Aug 20161834,64541.442.92$21,167
Jul 201601,91341.622.92$5,594
Jun 20161813,89945.352.69$18,680
May 20161464,11442.521.99$14,399
Apr 20161744,82036.561.99$15,958
Mar 20161732,74533.011.79$10,635
Feb 20161653,62526.472.06$11,848
Jan 201603,54927.352.36$8,391
Dec 20151815,05632.362.00$15,976
Nov 20153032,79838.792.17$17,818
Oct 20153423,64143.552.43$23,729
Sep 201502,19842.992.76$6,063
Aug 20153284,42640.162.87$25,886
Jul 20153426,11048.152.95$34,462
Jun 20153355,30756.152.88$34,110
May 20151825,28955.212.96$25,680
Apr 20153486,53349.822.71$35,019
Mar 20153553,06642.892.93$24,224
Feb 20153462,88444.662.98$24,036
Jan 20151621,77243.433.10$12,530
Dec 20143582,72254.693.59$29,355
Nov 201402,17170.464.25$9,231
Oct 20143482,40978.303.90$36,646
Sep 20143562,16886.164.05$39,443
Aug 20141803,10789.394.04$28,627
Jul 20143625,58396.564.18$58,289
Jun 20141813,95498.164.74$36,497
May 20143473,96494.734.73$51,607
Apr 20145313,01095.944.81$65,420
Mar 20141631,30695.895.06$22,234
Feb 201401,02797.406.19$6,359
Jan 20145343,59790.404.86$65,758
Dec 201302,61091.824.35$11,365
Nov 20133413,78988.853.74$44,462
Oct 20131854,20397.423.78$33,907
Sep 20135305,062104.113.72$73,998
Aug 20133623,146104.253.52$48,821
Jul 20131824,148102.523.72$34,080
Jun 20131824,59894.403.93$35,267
May 20133584,86894.834.15$54,147
Apr 20133665,11493.964.28$56,291
Mar 20133425,15793.623.91$52,197
Feb 20133564,64391.233.42$48,357
Jan 20131843,35591.603.42$28,328
Dec 20123575,81086.773.42$50,848
Nov 20125235,91386.953.62$66,909
Oct 20123685,71389.383.40$52,314
Sep 20121803,39094.672.92$26,934
Aug 20123286,00792.662.91$47,862
Jul 20125217,36685.133.02$66,604
Jun 20121793,41179.822.52$22,880
May 20123313,38691.612.49$38,748
Apr 20121684,531101.652.00$26,125
Mar 20125196,332105.052.22$68,591
Feb 20121825,167101.102.57$31,681
Jan 20123545,58398.092.73$49,988
Dec 20113475,43496.873.24$51,219
Nov 20111814,68795.723.31$32,845
Oct 201106,32884.983.65$23,088
Sep 20115206,08083.623.99$67,716
Aug 20111796,16983.404.15$40,526
Jul 20113616,47394.144.52$63,225
Jun 20113035,87292.904.64$55,394
May 20113576,72298.134.40$64,642
Apr 20115096,779105.964.33$83,309
Mar 20111576,11296.364.06$39,927
Feb 20111676,21685.644.18$40,285
Jan 20113566,90886.504.59$62,493
Dec 20103195,71885.734.35$52,208
Nov 20103245,78780.843.80$48,156
Oct 20105055,78878.103.51$59,750
Sep 20101795,98672.633.98$36,822
Aug 201002,91773.684.42$12,891
Jul 20103545,54572.554.74$51,947
Jun 20103634,82070.364.91$49,209
May 20103366,70071.124.24$52,272
Apr 20103336,55181.694.12$54,211
Mar 20104446,23978.394.39$62,186
Feb 20101866,09273.585.44$46,841
Jan 20103707,89274.365.96$74,582
Dec 20093558,32671.445.48$71,019
Nov 20095268,71174.593.75$71,914
Oct 20093517,74272.544.11$57,283
Sep 20093077,24765.543.06$42,331
Aug 20094899,27767.423.22$62,826
Jul 20096029,56561.133.46$69,938
Jun 20093237,61066.163.90$51,011
May 20094619,79454.743.93$63,684
Apr 200953110,18846.773.59$61,384
Mar 200955111,09442.144.06$68,250
Feb 20093225,56432.814.63$36,343
Jan 20091631,07235.865.37$11,603
Dec 20083504,73937.105.98$41,311
Nov 20085115,50455.496.86$66,115
Oct 20083715,01075.246.92$62,593
Sep 20083624,291101.767.88$70,638
Aug 20083565,275114.228.48$85,410
Jul 20083565,968131.0811.39$114,637
Jun 20081655,150131.3313.03$88,787
May 20083465,576123.1711.57$107,155
Apr 20085255,445110.3110.45$114,839
Mar 20083315,414101.909.66$86,050
Feb 20083555,73592.538.77$83,147
Jan 20083665,80490.388.21$80,705
Dec 20075364,87288.337.30$82,920
Nov 20073634,77791.677.29$68,109
Oct 20075355,83182.856.92$84,687
Sep 20073674,75775.846.24$57,537
Aug 20073334,88569.066.39$54,202
Jul 20071652,96370.906.39$30,626
Jun 2007351762.007.55$4,089
May 200716421958.747.85$11,352
Apr 200715197659.617.81$16,619
Mar 200702,08856.927.30$15,247
Feb 20071661,60255.108.22$22,309
Jan 20071641,85350.306.73$20,714
Dec 20061672,05256.656.92$23,657
Nov 20061802,04054.207.62$25,296
Oct 20061582,16754.906.01$21,706
Sep 20061592,08160.085.04$20,035
Aug 20063592,20168.717.34$40,822
Jul 20061762,24269.376.34$26,430
Jun 20061822,21566.286.38$26,203
May 20063472,49166.016.42$38,910
Apr 20061752,30464.397.36$28,227
Mar 20061821,08556.707.08$18,004
Feb 200617299157.597.75$17,587
Jan 20061821,58560.598.93$25,187
Dec 200517958654.9413.42$17,696
Nov 2005048254.6910.59$5,104
Oct 20053671,92458.3413.80$47,954
Sep 20051821,61961.4512.08$30,740
Aug 20053401,70361.519.80$37,597
Jul 20051772,12355.697.84$26,509
Jun 20051761,53652.337.38$20,547
May 20053561,50945.226.65$26,135
Apr 20051801,61849.207.36$20,765
Mar 20051821,58850.377.15$20,529
Feb 20055561,63645.226.31$35,469
Jan 20051751,31643.166.32$15,873
Dec 20041801,54939.866.75$17,632
Nov 20041822,09645.286.33$21,510
Oct 20043462,21749.706.52$31,640
Sep 20041752,20143.245.28$19,197
Aug 20045342,15942.375.55$34,609
Jul 200401,84538.286.08$11,225
Jun 20041852,16936.106.43$20,632
May 20041822,34937.486.49$22,077
Apr 20042791,86334.475.86$20,531
Mar 20043422,23934.365.53$24,133
Feb 20042802,15932.455.51$20,981
Jan 20041842,31032.036.30$20,446
Dec 200317893930.266.30$11,304
Nov 20031912,11428.804.60$15,215
Oct 20031742,24528.174.76$15,587
Sep 20033712,38626.314.75$21,093
Aug 200301,62729.765.13$8,346
Jul 20033242,07429.415.17$20,253
Jun 20031832,14228.565.98$18,042
May 20033322,24926.595.97$22,260
Apr 20031832,15126.675.41$16,512
Mar 20033672,19431.146.10$24,803
Feb 20031731,95133.487.93$21,255
Jan 20031842,17430.315.58$17,712
Dec 20023502,14726.914.85$19,840
Nov 20021822,10924.664.14$13,213
Oct 20023562,22726.464.23$18,838
Sep 20021682,20227.443.64$12,615
Aug 20023362,26925.963.16$15,902
Jul 20023592,26824.583.06$15,768
Jun 20021732,19923.733.34$11,446
May 20023442,29224.663.58$16,698
Apr 20021752,11523.653.51$11,567
Mar 20023552,27322.003.10$14,862
Feb 20021852,07418.222.38$8,298
Jan 20023562,52617.172.38$12,113
Dec 20013451,69916.932.36$9,858
Nov 20011772,19518.072.41$8,479
Oct 20013432,31819.782.53$12,646
Sep 20011722,23224.262.25$9,198
Aug 20013562,34524.873.05$16,013
Jul 20011742,35323.933.20$11,687
Jun 20013482,27424.563.82$17,243
May 20013512,52425.524.31$19,829
Apr 20013551,81424.685.34$18,440
Mar 20011912,08124.545.38$15,876
Feb 20013582,00027.755.77$21,469
Jan 20013632,19327.478.40$28,390
Dec 20003502,20326.889.12$29,505
Nov 20003562,16532.215.66$23,716
Oct 20003452,32631.235.15$22,743
Sep 20003412,33231.875.19$22,963
Aug 20003452,43629.644.54$21,287
Jul 20003352,50128.534.09$19,786
Jun 20001662,25129.304.40$14,762
May 20003172,44827.263.68$17,649
Apr 20005192,33124.513.12$19,984
Mar 20001772,41328.422.86$11,931
Feb 20005182,26627.622.73$20,485
Jan 20003512,37625.272.48$14,763
Dec 19995232,40624.282.42$18,530
Nov 19991772,44723.192.43$10,061
Oct 19994722,68720.982.80$17,436
Sep 19995262,52921.752.62$18,064
Aug 19995232,61419.262.88$17,590
Jul 19996742,94317.892.37$19,040
Jun 19996713,05415.942.36$17,910
May 19997103,26415.792.32$18,787
Apr 19991,2273,24215.102.21$25,686
Mar 19991,1692,78812.471.84$19,703
Feb 19996711,1049.981.82$8,703
Jan 19991381,77610.381.90$4,807
Dec 19981622,0959.201.77$5,206
Nov 199801,59510.892.19$3,486
Oct 19981351,82512.421.97$5,271
Sep 199801,85512.592.08$3,863
Aug 199802,00511.301.91$3,824
Jul 19981552,04311.742.24$6,390
Jun 199802,00011.242.24$4,475
May 19981611,86712.622.21$6,151
Apr 199801,87813.042.51$4,705
Mar 199801,90212.802.31$4,393
Feb 19981511,76413.952.30$6,162
Jan 199801,97314.702.15$4,251
Dec 19971661,91816.322.41$7,334
Nov 199701,90318.193.09$5,877
Oct 19971662,06819.253.15$9,709
Sep 199702,03017.742.95$5,998
Aug 199702,21817.862.55$5,666
Jul 19971711,78917.582.25$7,026
Jun 199701,58417.242.26$3,575
May 199702,02018.972.31$4,663
Apr 1997501,89217.882.08$4,835
Mar 199701,96018.951.94$3,801
Feb 19971771,81020.492.21$7,619
Jan 199701,80423.483.54$6,386
Dec 199601,62023.32$0
Nov 19961591,87021.97$3,493
Oct 199602,03823.31$0
Sep 19961672,00822.22$3,711
Aug 199602,13820.26$0
Jul 19961642,06919.55$3,206
Jun 199601,95318.73$0
May 19961081,69819.43$2,098
Apr 199601,84021.51$0
Mar 199601,99519.38$0
Feb 199611,09816.98$17
Jan 19961821,90217.07$3,107
Dec 199511,73017.19$17
Nov 199501,99016.00$0
Oct 19951642,01715.43$2,531
Sep 199501,93816.18$0
Aug 19951772,00615.92$2,818
Jul 199512,02315.24$15
Jun 199502,14116.41$0
May 19951802,03117.56$3,161
Apr 199501,98617.73$0
Mar 199502,07516.44$0
Feb 1995941,86316.58$1,559
Jan 19951802,02115.92$2,866
Dec 199401,98115.03$0
Nov 19941751,95215.90$2,783
Oct 199402,10015.58$0
Sep 199402,00415.29$0
Aug 19941481,57816.13$2,387
Jul 199401,29917.56$0
Jun 19941601,78917.09$2,734
May 199401,23115.88$0
Apr 19941752,02914.14$2,475
Mar 199402,04712.46$0
Feb 19941111,81512.50$1,388
Jan 199402,01812.66$0
Dec 19931802,02812.33$2,219
Nov 199301,94014.49$0
Oct 19931762,04915.85$2,790
Sep 199302,11415.03$0
Aug 199301,93115.66$0
Jul 19931362,07215.46$2,103
Jun 199302,07016.79$0
May 19931181,95317.68$2,086
Apr 19931252,10118.05$2,256
Mar 199302,11718.14$0
Feb 19931431,85517.90$2,560
Jan 1993642,09516.93$1,084

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.

May 2026 — as filed, then multipliedworked
Oil                  170 bbl  × $106.41 =    $18,090
Casinghead gas     4,385 Mcf  × $  3.05 =    $13,356

────────────────────────────────────────────────────
Month total                                  $31,446

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/O/10038 is the state's own key, not one this site invented.