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Texas oil lease

Producing

KING 1077

King 1077 is an oil lease in Lipscomb County, Texas, operated by Courson Oil & Gas, Inc. in the Kiowa Creek (Marmaton) field.

3 wells

762bbl oil, last 12 months−30% vs prior year
RRC lease
10-08311

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
15,084 mcf
Oil in Jul 2026
55 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for KING 1077, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 762 bbl in the 12 months through Jul 2026, against 1,086 bbl in the 12 months before.Last 12 months: 762 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for KING 1077, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 762 bbl in the 12 months through Jul 2026, against 1,086 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of KING 1077 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuelShare of KING 1077 gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Apr 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 14,354 mcf

  • Lease fuel (1)

    4.8% · 730 mcf

3 wells on this lease

Wells on KING 1077
API numberWell no.Status
42-295-336213HMActive
42-295-337901HMShut-in
42-295-34075B 2HMShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers100Feb 1, 2019–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Jp Energy Products Supply, LLCOilGathers100Mar 1, 2014Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

640 acres on the newest permit

Permits for King 1077
API numberWell no.Acreson the permit
42-295-34075B 2HM640
42-295-337901HM640
42-295-336213HM640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for KING 1077
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026551891,0881,0260$80.46$2.89
Jun 20265201,1651,1050$84.81$3.15
May 20265801,3301,2680$102.13$2.94
Apr 20265301,3161,2560$100.32$2.77
Mar 2026591806200$91.38$3.04
Feb 20266601,2231,1670$64.51$3.62
Jan 2026551961,3031,2450$60.04$7.72
Dec 20255501,4701,4080$57.97$4.26
Nov 20255601,4581,3980$60.06$3.79
Oct 202563661,5611,4990$60.89$3.19
Sep 2025120661,5341,4720$63.96$2.97
Aug 2025701931,5741,5100$64.86$2.91
Jul 20258001,5791,5150$68.39$3.20
Jun 20256001,5421,4820$68.17$3.02
May 2025821941,5691,5070$62.17$3.12
Apr 20257201,4831,4230$63.54$3.42
Mar 2025811941,5021,4400$68.24$4.12
Feb 20256301,2381,1820$71.53$4.19
Jan 20257301,4161,3540$75.74$4.13
Dec 2024901961,5551,4930$70.12$3.01
Nov 20247101,4741,4140$69.95$2.12
Oct 20242673821,4601,3980$71.99$2.20
Sep 20247901,4221,3620$70.24$2.28
Aug 20246801,4261,3640$76.68$1.99
Jul 2024871941,4281,3660$81.80$2.07
Jun 20247901,3621,3020$79.77$2.54
May 2024781931,4291,3670$80.02$2.12
Apr 20247501,3341,2740$85.35$1.60
Mar 20248101,3361,2740$81.28$1.49
Feb 2024721881,2271,1690$77.25$1.72
Jan 20249501,0499870$74.15$3.18
Dec 2023861931,3051,2430$71.90$2.52
Nov 20238701,2731,2130$77.69$2.71
Oct 2023781881,3041,2420$85.64$2.98
Sep 20238301,2481,1860$89.43$2.64
Aug 20238501,1951,1330$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Courson Oil & Gas, Inc. in Lipscomb County

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Kiowa Creek (Marmaton) field

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