KING-ERNEST

Operated by IP WELL SERVICE LLC (P-5 102116) in the EARNEST (6500 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68321District 8AField 27218500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Feb 2001 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
304
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 36 leases and 40 wells, and the rule below applies to all of them.

Discovered
1956-05-12
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-05-19.

The Commission's schedule remark for this field reads: BETWEEN HORIZ. AND VERTICAL WELLS.

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
OilDisposition27,625 bbl$1,070,929
Casinghead gasProduction12,040 Mcf$88,402
Total$1,159,331

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 32.6159, -100.8146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.61586, -100.81460 · 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
0.0%
0 of 2 wells
Median depth
7,050 ft
2 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.
2100.0%

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 7,050 and 7,050 ft, median 7,050 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2001 – Jun 2001
2 of 2 wells

2 wells

42-4153385727,050 ftJun 2001
42-4153383517,050 ftJan 2001

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 (304)

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

304 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 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201416098.164.74$1,571
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100278.394.39$9
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200903872.544.11$156
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20091806861.133.46$11,239
Jun 200904366.163.90$167
May 200918233954.743.93$11,294
Apr 200918352346.773.59$10,435
Mar 200918153642.144.06$9,803
Feb 200936254132.814.63$14,384
Jan 2009044935.865.37$2,412
Dec 200835633337.105.98$15,198
Nov 200818434955.496.86$12,604
Oct 2008029075.246.92$2,007
Sep 2008179144101.767.88$19,349
Aug 20080217114.228.48$1,841
Jul 2008184267131.0811.39$27,160
Jun 2008180245131.3313.03$26,832
May 2008180450123.1711.57$27,379
Apr 2008181526110.3110.45$25,465
Mar 20080326101.909.66$3,150
Feb 2008027392.538.77$2,394
Jan 200836449990.388.21$36,993
Dec 2007043888.337.30$3,198
Nov 200717434591.677.29$18,466
Oct 200718051882.856.92$18,499
Sep 200718011275.846.24$14,351
Aug 2007013669.066.39$869
Jul 2007018970.906.39$1,207
Jun 200717730262.007.55$13,254
May 200718198158.747.85$18,329
Apr 20071781,65459.617.81$23,520
Mar 200717990756.927.30$16,812
Feb 2007180055.108.22$9,918
Jan 20070050.306.73$0
Dec 2006357056.656.92$20,224
Nov 2006180054.207.62$9,756
Oct 2006177054.906.01$9,717
Sep 2006177060.085.04$10,634
Aug 2006181068.717.34$12,437
Jul 2006177069.376.34$12,278
Jun 2006184066.286.38$12,196
May 20060066.016.42$0
Apr 2006179064.397.36$11,526
Mar 20060056.707.08$0
Feb 2006171057.597.75$9,848
Jan 2006187060.598.93$11,330
Dec 2005354054.9413.42$19,449
Nov 2005181054.6910.59$9,899
Oct 2005363058.3413.80$21,177
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005182055.697.84$10,136
Jun 2005181052.337.38$9,472
May 2005183045.226.65$8,275
Apr 2005176049.207.36$8,659
Mar 2005357050.377.15$17,982
Feb 2005179045.226.31$8,094
Jan 2005180043.166.32$7,769
Dec 2004170039.866.75$6,776
Nov 2004180045.286.33$8,150
Oct 2004186049.706.52$9,244
Sep 2004539043.245.28$23,306
Aug 2004181042.375.55$7,669
Jul 2004365038.286.08$13,972
Jun 2004362036.106.43$13,068
May 2004179037.486.49$6,709
Apr 2004544034.475.86$18,752
Mar 2004372034.365.53$12,782
Feb 2004547032.455.51$17,750
Jan 2004982032.036.30$31,453
Dec 2003511030.266.30$15,463
Nov 20030028.804.60$0
Oct 2003178028.174.76$5,014
Sep 2003180026.314.75$4,736
Aug 2003169029.765.13$5,029
Jul 2003179029.415.17$5,264
Jun 2003180028.565.98$5,141
May 2003182026.595.97$4,839
Apr 2003183026.675.41$4,881
Mar 2003288031.146.10$8,968
Feb 2003177033.487.93$5,926
Jan 2003177030.315.58$5,365
Dec 2002248026.914.85$6,674
Nov 2002366024.664.14$9,026
Oct 2002356026.464.23$9,420
Sep 2002335027.443.64$9,192
Aug 2002361025.963.16$9,372
Jul 2002650024.583.06$15,977
Jun 2002358023.733.34$8,495
May 2002353024.663.58$8,705
Apr 2002359023.653.51$8,490
Mar 2002645022.003.10$14,190
Feb 2002355018.222.38$6,468
Jan 2002495017.172.38$8,499
Dec 2001793016.932.36$13,425
Nov 2001366018.072.41$6,614
Oct 2001677019.782.53$13,391
Sep 2001851024.262.25$20,645
Aug 2001727024.873.05$18,080
Jul 20011,585023.933.20$37,929
Jun 2001183024.563.82$4,494
May 2001523025.524.31$13,347
Apr 2001547024.685.34$13,500
Mar 2001352024.545.38$8,638
Feb 2001482027.755.77$13,376

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.

Jun 2014 — as filed, then multipliedworked
Oil                   16 bbl  × $ 98.16 =     $1,571
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $1,571

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. 8A/O/68321 is the state's own key, not one this site invented.