NIDO RANCH

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 296972District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$10.6 M
Feb 2024 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
28
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
GasProduction3,980,941 Mcf$10,618,895
Total$10,618,895

Every month this lease reported (28)

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

28 months

May 202656,892106.413.05$173,284
Apr 202660,32598.932.87$173,116
Mar 2026100,42089.753.15$316,267
Feb 20269,94263.503.75$37,286
Jan 202649,61159.138.00$396,785
Dec 202530,80456.664.41$135,949
Nov 202566,20458.593.93$259,946
Oct 202582,42659.383.30$272,405
Sep 202595,67762.743.08$294,390
Aug 202566,78063.933.01$201,326
Jul 202545,54366.743.32$150,984
Jun 2025103,50266.483.13$323,829
May 202583,78260.553.23$270,810
Apr 2025107,78462.363.54$381,892
Mar 2025130,58967.704.27$557,396
Feb 2025114,93070.884.34$498,893
Jan 2025160,60974.324.28$687,195
Dec 2024162,21368.993.12$506,327
Nov 2024150,59369.052.20$331,070
Oct 2024156,11971.372.28$356,170
Sep 2024209,99869.612.36$496,511
Aug 202480,74075.632.06$166,617
Jul 2024254,94579.932.15$547,262
Jun 2024281,94578.082.63$742,637
May 2024331,59078.812.20$728,981
Apr 2024373,08784.451.66$619,026
Mar 2024429,40880.301.55$663,491
Feb 2024184,48376.091.78$329,051

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               56,892 Mcf  × $  3.05 =   $173,284

────────────────────────────────────────────────────
Month total                                 $173,284

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/296972 is the state's own key, not one this site invented.