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 - Aug 2024
Total Oil Production6,800 BBLs
Total Gas Production5,577,636 MCF
Recent Oil Production1 BBLs in Jul 2024
Recent Gas Production13,965 MCF in Jul 2024
Wells on Property3

Our Valuation Estimates for King Unit

ShaleAssessment

$60,425 *

MarketMultiple

$34,180 **

* 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
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to oil and gas production for King Unit
from Jun 2007 to Aug 2024

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, TX70 BBLs45,994 MCFAug 2024
ClemensParker County, TX0 BBLs23,485 MCFAug 2024
DolenzParker County, TX0 BBLs1,607 MCFAug 2024
FitzwilliamParker County, TX0 BBLs3,025 MCFAug 2024
Goforth-Westmoreland SaParker County, TX0 BBLs6,764 MCFAug 2024
Jacobs UnitParker County, TX0 BBLs9,359 MCFAug 2024
McDanielTarrant County, TX0 BBLs3,548 MCFAug 2024
MositesParker County, TX0 BBLs5,244 MCFAug 2024
Pearl FederalTarrant County, TX0 BBLs13,345 MCFAug 2024
Pearl RanchTarrant County, TX0 BBLs33,080 MCFAug 2024
Pyramid Acres UnitTarrant County, TX0 BBLs94,348 MCFAug 2024
Ray A (Sa)Parker County, TX0 BBLs19,340 MCFAug 2024
Ray B (Sa) 5HParker County, TX65 BBLs10,633 MCFAug 2024
Ray Gas UnitParker County, TX0 BBLs3,750 MCFAug 2024
Richardson VIrginia UnitTarrant County, TX0 BBLs10,754 MCFAug 2024
Sammons Richardson UnitTarrant County, TX0 BBLs10,480 MCFAug 2024
Virginia Richardson UnitTarrant County, TX0 BBLs6,582 MCFAug 2024
Weaver UnitTarrant County, TX0 BBLs9,910 MCFAug 2024
WestmorelandParker County, TX0 BBLs9,225 MCFAug 2024
WheatlandTarrant County, TX0 BBLs0 MCFJun 2024

Owners of King Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SPINDLETOP DRILLING COKING UNIT #1HSPINDLETOP DRILLING
2024KING J&J FAMILY LTDKING UNIT #1HSPINDLETOP DRILLING
2024KING NELSON PKING UNIT #1HSPINDLETOP DRILLING
2024WHISKEY FLATS MINERAL TRUSTKING UNIT #1HSPINDLETOP DRILLING
2024GORDON EDWARD YKING UNIT #1HSPINDLETOP DRILLING
2024HIGHFIELD TONY MKING UNIT #1HSPINDLETOP DRILLING
2024VANN ELIZABETH MARYKING UNIT #1HSPINDLETOP DRILLING
2024VANN JOHN RUSH JRKING UNIT #1HSPINDLETOP DRILLING
Displaying 8 of 32 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 2HJul 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJul 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
09-250169KING UNIT 2HApr 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HApr 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HMar 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HMar 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HFeb 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HFeb 2024BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJan 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJan 2024BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HDec 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HDec 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
09-250169KING UNIT 2HSep 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HAug 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HAug 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJul 2023BEDROCK PRODUCTION, LLC