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 2024
Total Oil Production6,793 BBLs
Total Gas Production5,463,630 MCF
Recent Oil Production1 BBLs in Dec 2023
Recent Gas Production13,922 MCF in Dec 2023
Wells on Property3

Our Valuation Estimates for King Unit

ShaleAssessment

$74,176 *

MarketMultiple

$44,608 **

* 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 Jan 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, TX3 BBLs47,190 MCFJan 2024
BiggsTarrant County, TX0 BBLs21,938 MCFJan 2024
ClemensParker County, TX0 BBLs23,254 MCFJan 2024
DolenzParker County, TX0 BBLs1,729 MCFJan 2024
FitzwilliamParker County, TX1 BBLs11,983 MCFJan 2024
Goforth-Westmoreland SaParker County, TX0 BBLs7,388 MCFJan 2024
Jacobs UnitParker County, TX0 BBLs8,834 MCFJan 2024
McDanielTarrant County, TX0 BBLs4,249 MCFJan 2024
MositesParker County, TX22 BBLs5,424 MCFJan 2024
Pearl FederalTarrant County, TX0 BBLs13,637 MCFJan 2024
Pearl RanchTarrant County, TX0 BBLs34,042 MCFJan 2024
Pyramid Acres UnitTarrant County, TX0 BBLs99,529 MCFJan 2024
Ray A (Sa)Parker County, TX0 BBLs19,821 MCFJan 2024
Ray Gas UnitParker County, TX0 BBLs5,967 MCFJan 2024
Richardson VIrginia UnitTarrant County, TX0 BBLs10,164 MCFJan 2024
Sammons Richardson UnitTarrant County, TX0 BBLs0 MCFJan 2024
Virginia Richardson UnitTarrant County, TX0 BBLs6,703 MCFJan 2024
Weaver UnitTarrant County, TX0 BBLs12,783 MCFJan 2024
WestmorelandParker County, TX0 BBLs9,493 MCFJan 2024
WheatlandTarrant County, TX0 BBLs22,867 MCFJan 2024

Owners of King Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023SPINDLETOP DRILLING COKING UNIT #1HSPINDLETOP DRILLING
2023KING J&J FAMILY LTDKING UNIT #1HSPINDLETOP DRILLING
2023KING NELSON PKING UNIT #1HSPINDLETOP DRILLING
2023WHISKEY FLATS MINERAL TRUSTKING UNIT #1HSPINDLETOP DRILLING
2023GORDON EDWARD YKING UNIT #1HSPINDLETOP DRILLING
2023HIGHFIELD TONY MKING UNIT #1HSPINDLETOP DRILLING
2023VANN ELIZABETH MARYKING UNIT #1HSPINDLETOP DRILLING
2023VANN JOHN RUSH JRKING UNIT #1HSPINDLETOP DRILLING
Displaying 8 of 36 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
09-241039KING UNIT 3HNov 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HNov 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HOct 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HOct 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HSep 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HSep 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HAug 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HAug 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJul 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJul 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJun 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJun 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HMay 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HMay 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HApr 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HApr 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HMar 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HMar 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HFeb 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HFeb 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HJan 2023BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HJan 2023BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HDec 2022BEDROCK PRODUCTION, LLC
09-241039KING UNIT 3HDec 2022BEDROCK PRODUCTION, LLC
09-250169KING UNIT 2HNov 2022BEDROCK PRODUCTION, LLC