KING 2

Operated by HALVEY ENERGY, LLC (P-5 347241) in the GIN (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 71209District 8AField 34961750Hydrogen sulphide fieldOilSaveExport
Value, all time
$932 k
Jan 2022 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
53
no gaps in the span
Streams
1
oil

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 47 leases and 121 wells, and the rule below applies to all of them.

Discovered
1965-08-21
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-02-12.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL BE BACKDATED TO THE DATE OF THE ORIGINAL RECORDS ONLY W-2.

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
OilDisposition11,623 bbl$931,576
Total$931,576

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 32.6568, -101.9943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65676, -101.99431 · 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
8,700 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 8,700 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-1153385128,700 ftJan 2022

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 (53)

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

53 months

May 2026179106.413.05$19,047
Apr 202617098.932.87$16,818
Mar 202618889.753.15$16,873
Feb 202634963.503.75$22,162
Jan 2026059.138.00$0
Dec 202518256.664.41$10,312
Nov 202537158.593.93$21,737
Oct 2025059.383.30$0
Sep 202518162.743.08$11,356
Aug 202518863.933.01$12,019
Jul 202518966.743.32$12,614
Jun 202518466.483.13$12,232
May 202518060.553.23$10,899
Apr 202535862.363.54$22,325
Mar 202518067.704.27$12,186
Feb 202518470.884.34$13,042
Jan 202519374.324.28$14,344
Dec 202419268.993.12$13,246
Nov 2024869.052.20$552
Oct 202418671.372.28$13,275
Sep 202418669.612.36$12,947
Aug 202418675.632.06$14,067
Jul 202436579.932.15$29,174
Jun 2024078.082.63$0
May 202418878.812.20$14,816
Apr 202418984.451.66$15,961
Mar 202418680.301.55$14,936
Feb 202437476.091.78$28,458
Jan 202419173.023.30$13,947
Dec 202319171.262.61$13,611
Nov 202318877.892.81$14,643
Oct 202337885.443.09$32,296
Sep 202318789.042.74$16,650
Aug 202318680.522.67$14,977
Jul 202318774.852.64$13,997
Jun 202337068.962.26$25,515
May 202318870.622.23$13,277
Apr 202318978.122.24$14,765
Mar 202318972.852.39$13,769
Feb 202337075.112.47$27,791
Jan 202319076.533.39$14,541
Dec 202237776.415.73$28,807
Nov 202219085.005.65$16,150
Oct 202236887.185.86$32,082
Sep 202217984.888.16$15,194
Aug 202235894.529.13$33,838
Jul 2022182101.587.54$18,488
Jun 2022370115.097.98$42,583
May 2022186109.378.43$20,343
Apr 2022355104.226.84$36,998
Mar 2022367108.885.08$39,959
Feb 202235191.054.86$31,959
Jan 2022081.844.54$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.

May 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $106.41 =    $19,047

────────────────────────────────────────────────────
Month total                                  $19,047

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/71209 is the state's own key, not one this site invented.