STATE OF TEXAS RAFTER O EAST

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 295703District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$9.1 M
Aug 2023 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
34
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction3,201,230 Mcf$9,112,890
Total$9,112,890

Every month this lease reported (34)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

34 months

May 202639,328106.413.05$119,787
Apr 202646,50998.932.87$133,468
Mar 202647,03289.753.15$148,124
Feb 202625,80763.503.75$96,785
Jan 202625,23459.138.00$201,820
Dec 202515,42856.664.41$68,089
Nov 202550,79558.593.93$199,444
Oct 202543,86259.383.30$144,957
Sep 202547,61962.743.08$146,520
Aug 202554,08163.933.01$163,041
Jul 202558,89566.743.32$195,249
Jun 202567,12566.483.13$210,015
May 202584,68660.553.23$273,732
Apr 202540,36662.363.54$143,022
Mar 202558,61067.704.27$250,166
Feb 202573,67770.884.34$319,820
Jan 202592,20274.324.28$394,503
Dec 202491,74068.993.12$286,354
Nov 202487,15369.052.20$191,601
Oct 202498,62971.372.28$225,012
Sep 2024110,52569.612.36$261,321
Aug 2024140,83175.632.06$290,623
Jul 2024161,47579.932.15$346,621
Jun 2024113,17378.082.63$298,095
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024135,30980.301.55$209,070
Feb 2024191,59476.091.78$341,735
Jan 2024208,10073.023.30$686,243
Dec 2023209,92671.262.61$548,058
Nov 2023195,45877.892.81$548,760
Oct 2023218,12885.443.09$673,422
Sep 2023225,11589.042.74$615,699
Aug 2023142,81880.522.67$381,735

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas               39,328 Mcf  × $  3.05 =   $119,787

────────────────────────────────────────────────────
Month total                                 $119,787

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/295703 is the state's own key, not one this site invented.