King Unit

Oil & Gas Property in Parker County, TX

Property Summary

Key data points for King Unit

CountiesParker County, TX
Tarrant County, TX
OperatorSPINDLETOP OIL & GAS CO.
Production DatesJun 2007 - Jan 2025
Total Oil Production6,805 BBLs
Total Gas Production5,643,058 MCF
Recent Oil Production1 BBLs in Dec 2024
Recent Gas Production13,351 MCF in Dec 2024
Wells on Property3

Our Valuation Estimates for King Unit

ShaleAssessment

$57,107 *

MarketMultiple

$35,942 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

King Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for King Unit
from Jun 2007 to Jan 2025

Wells on King Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-367-34356KING UNIT 1HSPINDLETOP OIL & GAS COMPANYProducingParker County, TX32.615818-97.552548
42-439-32644KING UNIT 2HSPINDLETOP OIL & GAS COMPANYProducingTarrant County, TX32.621213-97.546086
42-439-32646KING UNIT 3HSPINDLETOP OIL & GAS COMPANYProducingTarrant County, TX32.621818-97.546000

Leases included in King Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-231716KING UNIT 1HSPINDLETOP OIL & GAS COMPANYParker County, TX
09-241039KING UNIT 3HSPINDLETOP OIL & GAS COMPANYTarrant County, TX
09-250169KING UNIT 2HSPINDLETOP OIL & GAS COMPANYTarrant County, TX

Nearby Properties

These are the closest 20 properties to the King Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Barber WParker County, TX0 BBLs45,427 MCFJan 2025
ClemensParker County, TX0 BBLs23,141 MCFJan 2025
DolenzParker County, TX0 BBLs2,542 MCFJan 2025
Goforth Robert J. 1HTarrant County, TX0 BBLs6,416 MCFJan 2025
Goforth-Westmoreland SaParker County, TX0 BBLs6,284 MCFJan 2025
Jacobs UnitParker County, TX0 BBLs9,159 MCFJan 2025
MositesParker County, TX0 BBLs5,064 MCFJan 2025
Pearl FederalTarrant County, TX0 BBLs12,824 MCFJan 2025
Pearl RanchTarrant County, TX0 BBLs32,074 MCFJan 2025
Pyramid Acres UnitTarrant County, TX0 BBLs91,743 MCFJan 2025
Ray (Sa) 4HParker County, TX0 BBLs6,291 MCFJan 2025
Ray A (Sa)Parker County, TX1 BBLs19,117 MCFJan 2025
Ray B (Sa) 5HParker County, TX0 BBLs11,031 MCFJan 2025
Ray Gas UnitParker County, TX0 BBLs3,753 MCFJan 2025
Richardson VIrginia UnitTarrant County, TX0 BBLs9,766 MCFJan 2025
Sammons Richardson UnitTarrant County, TX1 BBLs9,346 MCFJan 2025
Virginia Richardson UnitTarrant County, TX0 BBLs6,020 MCFJan 2025
Weaver UnitTarrant County, TX0 BBLs9,274 MCFJan 2025
WestmorelandParker County, TX0 BBLs9,003 MCFJan 2025
WheatlandTarrant County, TX0 BBLs23,345 MCFJan 2025

Owners of King Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SPINDLETOP DRILLING COKING UNIT # 3H TAR-.90SPINDLETOP DRILLING
2024SPINDLETOP DRILLING COKING UNIT # 1H TAR-.90SPINDLETOP DRILLING
2024SPINDLETOP DRILLING COKING UNIT # 2H TAR-.90SPINDLETOP DRILLING
2024KING J&J FAMILY LTDKING UNIT # 3H TAR-.90SPINDLETOP DRILLING
2024KING J&J FAMILY LTDKING UNIT # 1H TAR-.90SPINDLETOP DRILLING
2024NSK FAMILY LTDKING UNIT # 3H TAR-.90SPINDLETOP DRILLING
2024WHISKEY FLATS MINERAL TRKING UNIT # 3H TAR-.90SPINDLETOP DRILLING
2024GORDON EDWARD YKING UNIT # 3H TAR-.90SPINDLETOP DRILLING
Displaying 8 of 140 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on King Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-250169KING UNIT 2HSep 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HSep 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HAug 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HAug 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJul 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJul 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJun 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJun 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HMay 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HMay 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HApr 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HApr 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HMar 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HMar 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HFeb 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HFeb 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJan 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJan 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HDec 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HDec 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HNov 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HNov 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HOct 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HOct 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HSep 2023BEDROCK PRODUCTION, LLC