KARL

Operated by FOUNDATION ENERGY MANAGEMENT LLC (P-5 280875) in the YOAKUM (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 179899District 02Field 99361142Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.2 M
Jul 2000 – May 2026
Value, last 12 filed months
$239 k
at the published price for each month
Months reported
311
no gaps in the span
Streams
2
condensate, 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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1963-09-19
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-02-10.

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: MAXIMUM DAGONAL = 475.933 (X THE SQ RT ACRES).

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-02-08143004
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition52 bbl$1,029
GasProduction3,250,353 Mcf$16,206,835
Total$16,207,863

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.2521, -97.1186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.25214, -97.11862 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,182 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 14,182 ft.

Completions filed
Jul 2000
1 of 1 wells

1 well

42-123318831H14,182 ftJul 2000

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (311)

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

311 months

May 202606,180106.413.05$18,823
Apr 202606,24898.932.87$17,930
Mar 202603,39089.753.15$10,677
Feb 202604,67963.503.75$17,548
Jan 202602,30559.138.00$18,435
Dec 202507,39656.664.41$32,641
Nov 202506,10558.593.93$23,971
Oct 202503,48359.383.30$11,511
Sep 202503,30662.743.08$10,172
Aug 202508,86063.933.01$26,711
Jul 2025010,94166.743.32$36,272
Jun 202504,59366.483.13$14,370
May 2025014,53860.553.23$46,991
Apr 202508,29762.363.54$29,397
Mar 202502,68967.704.27$11,478
Feb 202505,25670.884.34$22,815
Jan 202507,25874.324.28$31,055
Dec 202402,50868.993.12$7,828
Nov 202404,18169.052.20$9,192
Oct 202405,21571.372.28$11,898
Sep 202406,76469.612.36$15,993
Aug 202406,57175.632.06$13,560
Jul 202405,11279.932.15$10,973
Jun 202406,87278.082.63$18,101
May 202407,11278.812.20$15,635
Apr 202408,74284.451.66$14,505
Mar 202407,43480.301.55$11,487
Feb 202409,16376.091.78$16,343
Jan 202404,35673.023.30$14,365
Dec 202307,83271.262.61$20,447
Nov 202304,71277.892.81$13,229
Oct 202304,68585.443.09$14,464
Sep 202305,99489.042.74$16,394
Aug 202306,68680.522.67$17,871
Jul 202304,58874.852.64$12,121
Jun 202306,62268.962.26$14,956
May 202308,17370.622.23$18,205
Apr 202306,96878.122.24$15,593
Mar 202307,76072.852.39$18,571
Feb 202304,96175.112.47$12,232
Jan 2023012,11376.533.39$41,035
Dec 202209,75976.415.73$55,910
Nov 202209,57285.005.65$54,045
Oct 202204,38887.185.86$25,730
Sep 202207,62284.888.16$62,224
Aug 202206,16994.529.13$56,305
Jul 202206,998101.587.54$52,779
Jun 202206,395115.097.98$51,014
May 202208,546109.378.43$72,069
Apr 2022015,918104.226.84$108,841
Mar 202206,783108.885.08$34,433
Feb 202208,95391.054.86$43,501
Jan 202206,93481.844.54$31,464
Dec 202108,49771.323.90$33,131
Nov 202107,49277.435.24$39,234
Oct 202103,23679.795.71$18,490
Sep 202105,76269.865.35$30,832
Aug 202104,86966.024.22$20,550
Jul 202104,84170.783.98$19,277
Jun 202103,68869.493.38$12,468
May 202103,44163.483.02$10,384
Apr 202103,55660.362.76$9,809
Mar 202102,38161.302.72$6,469
Feb 202103,09557.805.55$17,171
Jan 202102,59250.412.81$7,284
Dec 202003,31744.642.68$8,875
Nov 202005,10538.772.71$13,817
Oct 202004,09336.972.48$10,144
Sep 202005,09837.091.99$10,150
Aug 202003,14339.982.39$7,496
Jul 202003,18538.371.83$5,813
Jun 202003,01934.901.69$5,103
May 202002,51716.921.81$4,568
Apr 202003,43014.751.80$6,189
Mar 202002,91530.341.86$5,411
Feb 202003,47049.881.98$6,873
Jan 202003,47057.252.09$7,269
Dec 201905,24459.012.30$12,084
Nov 201906,35555.302.75$17,481
Oct 201904,98353.472.42$12,052
Sep 201904,95655.052.66$13,169
Aug 201905,14553.112.30$11,856
Jul 201906,16956.272.46$15,176
Jun 201905,01552.782.49$12,493
May 201905,86858.482.74$16,080
Apr 201905,83862.632.75$16,059
Mar 201905,57256.803.06$17,062
Feb 201905,35050.852.79$14,938
Jan 201905,32646.033.23$17,193
Dec 201805,58646.594.19$23,380
Nov 201805,87452.934.24$24,890
Oct 201806,38861.443.40$21,707
Sep 201805,85559.543.11$18,197
Aug 201805,12759.403.07$15,722
Jul 201805,77865.142.93$16,940
Jun 201806,65960.183.08$20,489
May 20180065.382.90$0
Apr 201805,21163.842.90$15,116
Mar 201806,65861.222.79$18,555
Feb 201805,90061.782.77$16,320
Jan 201805,18562.874.01$20,788
Dec 201704,28857.272.92$12,527
Nov 201704,50955.423.12$14,061
Oct 201704,16649.292.98$12,430
Sep 201705,18747.523.09$16,014
Aug 201704,01845.373.00$12,072
Jul 201705,94443.873.09$18,351
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017020347.933.21$652
Mar 201705,58446.772.98$16,661
Feb 201707,99850.452.95$23,615
Jan 201706,57749.413.42$22,485
Dec 201604,21148.763.72$15,677
Nov 201605,34842.492.64$14,142
Oct 201605,09246.193.09$15,736
Sep 201604,68441.553.10$14,523
Aug 201606,68841.442.92$19,558
Jul 201605,29041.622.92$15,470
Jun 201607,25645.352.69$19,488
May 201601,33742.521.99$2,662
Apr 201602,93336.561.99$5,840
Mar 201602,67833.011.79$4,804
Feb 201604,86826.472.06$10,046
Jan 201603,38227.352.36$7,996
Dec 201503,30532.362.00$6,615
Nov 201505,14238.792.17$11,144
Oct 201504,22943.552.43$10,262
Sep 2015011,59342.992.76$31,978
Aug 201504,03240.162.87$11,582
Jul 201501,14648.152.95$3,375
Jun 2015016756.152.88$481
May 201501,10655.212.96$3,269
Apr 2015010249.822.71$276
Mar 201501,42542.892.93$4,182
Feb 201502,77744.662.98$8,265
Jan 201502,54143.433.10$7,879
Dec 201404,01954.693.59$14,434
Nov 201407,21970.464.25$30,694
Oct 201401,34878.303.90$5,258
Sep 201401,45586.164.05$5,886
Aug 201401,08489.394.04$4,374
Jul 201401,79896.564.18$7,515
Jun 2014077698.164.74$3,676
May 201402,34494.734.73$11,079
Apr 201405,94295.944.81$28,576
Mar 201408,01995.895.06$40,550
Feb 201406,71197.406.19$41,555
Jan 201403,25590.404.86$15,822
Dec 201306,98291.824.35$30,403
Nov 201306,78588.853.74$25,364
Oct 2013011,86397.423.78$44,835
Sep 201303,082104.113.72$11,458
Aug 201306,363104.253.52$22,414
Jul 201306,172102.523.72$22,946
Jun 201307,07494.403.93$27,825
May 201306,53094.834.15$27,093
Apr 201307,23893.964.28$30,997
Mar 201307,79793.623.91$30,509
Feb 201303,42591.233.42$11,713
Jan 201306,52691.603.42$22,318
Dec 201208,00486.773.42$27,375
Nov 201203,95786.953.62$14,344
Oct 201206,84489.383.40$23,267
Sep 201207,18794.672.92$20,975
Aug 201207,65892.662.91$22,271
Jul 201208,39385.133.02$25,354
Jun 201209,16279.822.52$23,079
May 201207,47891.612.49$18,608
Apr 201208,168101.652.00$16,310
Mar 201209,354105.052.22$20,785
Feb 2012010,921101.102.57$28,070
Jan 2012012,60498.092.73$34,460
Dec 2011010,58096.873.24$34,276
Nov 201103795.723.31$123
Oct 201109184.983.65$332
Sep 201103,91783.623.99$15,612
Aug 201109,31483.404.15$38,647
Jul 201107,19494.144.52$32,497
Jun 201108,71192.904.64$40,418
May 201108,21498.134.40$36,181
Apr 201107,912105.964.33$34,285
Mar 201108,05796.364.06$32,690
Feb 201107,39585.644.18$30,911
Jan 201108,19886.504.59$37,619
Dec 2010010,03185.734.35$43,612
Nov 201006,49080.843.80$24,632
Oct 201005,34678.103.51$18,759
Sep 201007,90472.633.98$31,454
Aug 201008,32073.684.42$36,769
Jul 201009,50672.554.74$45,025
Jun 201009,33170.364.91$45,819
May 201007,18271.124.24$30,417
Apr 201008,21781.694.12$33,876
Mar 201007,37278.394.39$32,353
Feb 201008,14073.585.44$44,301
Jan 201007,84874.365.96$46,806
Dec 200909,59871.445.48$52,633
Nov 200908,07674.593.75$30,297
Oct 200909,44972.544.11$38,838
Sep 200908,65765.543.06$26,532
Aug 200908,62367.423.22$27,753
Jul 200909,17761.133.46$31,794
Jun 200908,98966.163.90$35,012
May 2009010,35054.743.93$40,632
Apr 2009010,15246.773.59$36,420
Mar 200908,10142.144.06$32,882
Feb 2009010,94932.814.63$50,727
Jan 2009012,58735.865.37$67,605
Dec 2008012,48537.105.98$74,625
Nov 200803,12355.496.86$21,425
Oct 2008011,98175.246.92$82,932
Sep 2008012,773101.767.88$100,614
Aug 2008012,640114.228.48$107,225
Jul 200807,959131.0811.39$90,648
Jun 2008012,152131.3313.03$158,373
May 2008014,914123.1711.57$172,619
Apr 2008014,519110.3110.45$151,794
Mar 2008011,377101.909.66$109,948
Feb 200803,16992.538.77$27,794
Jan 200805,52390.388.21$45,320
Dec 200709,91388.337.30$72,384
Nov 200704,78091.677.29$34,854
Oct 200707,61682.856.92$52,718
Sep 200708,04575.846.24$50,234
Aug 200709,06069.066.39$57,875
Jul 200709,55870.906.39$61,056
Jun 200709,75762.007.55$73,650
May 2007011,83458.747.85$92,853
Apr 2007011,46459.617.81$89,479
Mar 2007010,03256.927.30$73,253
Feb 200708,36455.108.22$68,719
Jan 200709,59350.306.73$64,531
Dec 2006010,41556.656.92$72,056
Nov 2006010,09354.207.62$76,883
Oct 2006010,94554.906.01$65,821
Sep 2006011,01560.085.04$55,485
Aug 200609,95068.717.34$73,032
Jul 2006011,46369.376.34$72,707
Jun 2006011,62166.286.38$74,187
May 2006012,30866.016.42$79,079
Apr 2006010,67664.397.36$78,580
Mar 2006011,72956.707.08$83,076
Feb 200607,06557.597.75$54,762
Jan 2006011,60160.598.93$103,635
Dec 2005011,94854.9413.42$160,287
Nov 200507,40654.6910.59$78,418
Oct 2005010,82358.3413.80$149,312
Sep 2005010,57861.4512.08$127,772
Aug 2005013,09561.519.80$128,290
Jul 2005011,11055.697.84$87,143
Jun 2005013,22052.337.38$97,577
May 2005014,25445.226.65$94,806
Apr 2005014,09249.207.36$103,724
Mar 2005013,62450.377.15$97,478
Feb 2005012,88245.226.31$81,310
Jan 2005014,50943.166.32$91,729
Dec 2004015,42239.866.75$104,115
Nov 2004015,39245.286.33$97,438
Oct 2004016,30249.706.52$106,209
Sep 2004016,34643.245.28$86,371
Aug 2004015,99442.375.55$88,777
Jul 2004016,64438.286.08$101,265
Jun 2004017,35436.106.43$111,639
May 2004018,92137.486.49$122,884
Apr 2004018,93234.475.86$110,912
Mar 2004011,99734.365.53$66,345
Feb 2004016,99232.455.51$93,619
Jan 2004021,43532.036.30$135,033
Dec 2003024,28130.266.30$153,010
Nov 2003025,21628.804.60$115,872
Oct 2003034,75428.174.76$165,417
Sep 200306,33026.314.75$30,063
Aug 200303129.765.13$159
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003010,65226.595.97$63,621
Apr 2003012,87126.675.41$69,597
Mar 2003020,08631.146.10$122,445
Feb 2003018,53833.487.93$146,930
Jan 2003019,61730.315.58$109,503
Dec 2002020,92226.914.85$101,550
Nov 2002020,88524.664.14$86,400
Oct 2002023,91026.464.23$101,118
Sep 2002026,46127.443.64$96,191
Aug 2002019,14325.963.16$60,572
Jul 2002022,41624.583.06$68,632
Jun 2002022,44723.733.34$74,933
May 2002022,65224.663.58$81,185
Apr 2002023,84223.653.51$83,741
Mar 2002025,34822.003.10$78,648
Feb 2002021,75718.222.38$51,688
Jan 2002025,41217.172.38$60,371
Dec 2001024,61316.932.36$58,195
Nov 2001024,73718.072.41$59,505
Oct 20015230,10119.782.53$77,150
Sep 2001028,28624.262.25$63,681
Aug 2001031,87024.873.05$97,304
Jul 2001032,59023.933.20$104,193
Jun 2001033,91624.563.82$129,700
May 2001040,25925.524.31$173,408
Apr 2001039,84024.685.34$212,559
Mar 2001047,41924.545.38$254,945
Feb 2001051,25927.755.77$295,615
Jan 2001049,53427.478.40$416,024
Dec 2000080,76926.889.12$736,815
Nov 2000085,04032.215.66$481,156
Oct 2000056,20831.235.15$289,218
Sep 2000097,29531.875.19$504,621
Aug 2000095,57229.644.54$433,969
Jul 200004,39328.534.09$17,966

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
Condensate             0 bbl  × $106.41 =         $0
Gas                6,180 Mcf  × $  3.05 =    $18,823

────────────────────────────────────────────────────
Month total                                  $18,823

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. 02/G/179899 is the state's own key, not one this site invented.