KING "B"
KING "B" is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Transamerican Natural Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,036,041 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $202K, with roughly $31K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,390 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,547 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about KING "B"
- Who operates KING "B"?
- KING "B" is operated by Transamerican Natural Gas Corp., Railroad Commission of Texas operator number 864424.
- Where is KING "B"?
- KING "B" is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 117937.
- Is KING "B" still producing?
- KING "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KING "B" is August 2026.
- How much has KING "B" produced?
- KING "B" has reported 3,036,041 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is KING "B" worth?
- The remaining production from KING "B" is estimated to be worth about $202K in total as of 26 August 2026, within a range of $168K to $236K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KING "B" is a fraction of it. The estimate fits an Arps decline curve to the production KING "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KING "B" is an estimate of value, not an offer and not an appraisal.
- How much income does KING "B" generate in a year?
- KING "B" is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KING "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Transamerican Natural Gas Corp. |
|---|---|
| Field | J.C. Martin, West (Lobo 7300) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 117937 |
| Wellbores | 1 |
| Reported production | 3,036,041 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where KING "B" sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.