STATE OF TEXAS RAFTER O WEST

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 297387District 01Field 39744500Hydrogen sulphide fieldGasSaveExport
Value, all time
$10.5 M
Mar 2024 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
27
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
GasProduction3,818,357 Mcf$10,515,157
Total$10,515,157

Every month this lease reported (27)

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

27 months

May 202668,695106.413.05$209,234
Apr 202679,31698.932.87$227,615
Mar 2026119,48089.753.15$376,295
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202546,04556.664.41$203,213
Nov 202568,56858.593.93$269,228
Oct 202583,01259.383.30$274,341
Sep 202592,76962.743.08$285,443
Aug 2025101,71963.933.01$306,658
Jul 2025111,92666.743.32$371,057
Jun 2025124,10066.483.13$388,274
May 2025153,43060.553.23$495,935
Apr 202561,56862.363.54$218,143
Mar 202561,93367.704.27$264,350
Feb 2025141,71370.884.34$615,153
Jan 2025174,63374.324.28$747,199
Dec 2024192,78168.993.12$601,741
Nov 2024201,17969.052.20$442,280
Oct 2024202,69871.372.28$462,435
Sep 2024220,43869.612.36$521,195
Aug 202434,30075.632.06$70,783
Jul 2024317,04779.932.15$680,570
Jun 2024363,09578.082.63$956,385
May 2024386,54578.812.20$849,796
Apr 2024370,11084.451.66$614,087
Mar 202441,25780.301.55$63,747

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               68,695 Mcf  × $  3.05 =   $209,234

────────────────────────────────────────────────────
Month total                                 $209,234

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/297387 is the state's own key, not one this site invented.