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Texas oil lease

Producing

KING UNIT B

King Unit B is an oil lease in Dimmit County, Texas, operated by Murphy Expl. & Prod. Co. - USA in the Briscoe Ranch (Eagleford) field.

2 wells

1,581bbl oil, last 12 months−14% vs prior year
RRC lease
01-16469

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Where it sits

This county

Dimmit CountyDimmitLA SalleZavalaFrioMaverickDimmit County
Dimmit County
Gas, last 12 months
18,361 mcf
Oil in Jul 2026
146 bbl

Production by month

Oil output fell 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for KING UNIT B, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,581 bbl in the 12 months through Jul 2026, against 1,842 bbl in the 12 months before.Last 12 months: 1,581 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 14% over the last 12 monthsMonthly oil production and gas for KING UNIT B, Aug 2023 to Jul 2026. Oil output fell 14% over the last 12 months. 1,581 bbl in the 12 months through Jul 2026, against 1,842 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

Flaring peaked at 22.5% of the gas in May 2025.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of KING UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 22.5% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 22.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of KING UNIT B gas by disposition code each month, Aug 2023 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 22.5% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 22.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 16,177 mcf

  • Flared (4)

    6.5% · 1,200 mcf

  • Lease fuel (1)

    5.4% · 984 mcf

6.5% of the gas flared in the last 12 months. 21 months above 3%.

2 wells on this lease

Wells on KING UNIT B
API numberWell no.Status
42-127-349851HActive
42-127-349862HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bp Products North America Inc.OilGathers15Jan 1, 2023–
Eastex Crude Company, LLCOilGathers15Jan 1, 2023–
Enterprise Crude Oil LLCOilGathers14Jan 1, 2023–
Harvest Marketing & Trading, LLCOilGathers14Jan 1, 2023–
Plains Marketing, L.p.OilGathers14Jan 1, 2023–
Shell Trading (Us) CompanyOilGathers14Jan 1, 2023–
Trafigura Trading LLCOilGathers14Jan 1, 2023–
Castleton Commod Merch Trdg L.p.Casinghead gasBuys100Nov 2, 2016–
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2013–
Citgo Pipeline CompanyOilGathers8Jan 18, 2022Jan 1, 2023
Dks Transport LLCOilGathers7Jan 18, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers7Nov 2, 2016Jan 1, 2023
Enterprise Crude Oil LLCOilGathers7Nov 2, 2016Jan 1, 2023
Flint Hills Resources, LPOilGathers7Nov 2, 2016Jan 1, 2023
Gibson Energy Marketing, LLCOilGathers7Nov 2, 2016Jan 1, 2023

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

320 acres on the newest permit

A pooling certificate was filed

Permits for King Unit B
API numberWell no.Acreson the permit
42-127-349851H320
42-127-349862H320

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

What Murphy Oil Corporation told investors it received

Murphy Expl. & Prod. Co. - USA is linked to Murphy Oil Corporation (MUR).
Realized prices reported by Murphy Oil Corporation
QuarterOil$ per bblFiling
Q1 2026–SEC filing
Q3 2025–SEC filing
Q2 2025–SEC filing
Q1 2025–SEC filing
Q3 2024–SEC filing

SourceMurphy Oil Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for KING UNIT B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261461471,5331,40860$80.46$2.89
Jun 20261491481,9671,652157$84.81$3.15
May 20261571581,165946164$102.13$2.94
Apr 20261341348958405$100.32$2.77
Mar 20261051057677235$91.38$3.04
Feb 202612812854348428$64.51$3.62
Jan 202611611635931034$60.04$7.72
Dec 202579792472302$57.97$4.26
Nov 20251461461,3241,21241$60.06$3.79
Oct 20252082083,0142,731125$60.89$3.19
Sep 20251081073,2182,785275$63.96$2.97
Aug 20251051053,3292,856304$64.86$2.91
Jul 202568681,5311,38760$68.39$3.20
Jun 202558612,9012,67278$68.17$3.02
May 20251311292,8532,068643$62.17$3.12
Apr 20251511512,7772,57616$63.54$3.42
Mar 20251261272,8942,416314$68.24$4.12
Feb 202521221265558033$71.53$4.19
Jan 202521621544339318$75.74$4.13
Dec 202415415538534221$70.12$3.01
Nov 202420019936032315$69.95$2.12
Oct 20241871876766351$71.99$2.20
Sep 202412512566759914$70.24$2.28
Aug 202421421483173811$76.68$1.99
Jul 20241531527086257$81.80$2.07
Jun 202478826105546$79.77$2.54
May 202414013763653419$80.02$2.12
Apr 202411011062555812$85.35$1.60
Mar 202415415562355112$81.28$1.49
Feb 202411111554746714$77.25$1.72
Jan 202423823364053422$74.15$3.18
Dec 202327627764758221$71.90$2.52
Nov 20232042044554192$77.69$2.71
Oct 202321521538834116$85.64$2.98
Sep 2023156155104914$89.43$2.64
Aug 202312912890079135$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Murphy Expl. & Prod. Co. - USA in Dimmit County

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Briscoe Ranch (Eagleford) field

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