KGFU 2

Name: KGFU 2 lease production and value, Jun 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the KATY (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196218District 03Field 482788502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.7 M

Jun 2003 – Jul 2022

Value, last 12 filed months

$94 k

at the published price for each month

Months reported

230

no gaps in the span

Streams

condensate, gas

The KATY (WILCOX CONS.) field

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 74 leases and 74 wells, and the rule below applies to all of them.

Discovered

2004-07-06

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 2004-07-06.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2007.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2009-10-08	194404
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,118 bbl	$471,406
Gas	Production	797,352 Mcf	$4,278,073
Total			$4,749,479

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 29.7740, -95.8525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.77401, -95.85249 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,400 ft

1 wells filed one

Completion to plug

19.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,400 ft.

Completions filed

Jun 2003

1 of 1 wells

Plug dates filed

Jul 2022

1 of 1 wells

Last completion to plug: a median of 19.1 years across the 1 well that filed both dates, with the middle half between 19.1 years and 19.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15731143	W 52	10,400 ft	Jun 2003	Jul 2022	Yes

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 (230)

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

230 months


Jul 2022	1	1,090	101.58	7.54	$8,322
Jun 2022	1	993	115.09	7.98	$8,036
May 2022	1	1,065	109.37	8.43	$9,091
Apr 2022	0	1,212	104.22	6.84	$8,287
Mar 2022	3	1,218	108.88	5.08	$6,510
Feb 2022	7	1,092	91.05	4.86	$5,943
Jan 2022	11	1,277	81.84	4.54	$6,695
Dec 2021	12	1,232	71.32	3.90	$5,660
Nov 2021	8	959	77.43	5.24	$5,642
Oct 2021	20	1,585	79.79	5.71	$10,652
Sep 2021	16	1,678	69.86	5.35	$10,097
Aug 2021	25	1,819	66.02	4.22	$9,328
Jul 2021	109	1,612	70.78	3.98	$14,134
Jun 2021	24	2,906	69.49	3.38	$11,492
May 2021	32	2,448	63.48	3.02	$9,419
Apr 2021	16	1,950	60.36	2.76	$6,345
Mar 2021	19	1,904	61.30	2.72	$6,338
Feb 2021	5	727	57.80	5.55	$4,322
Jan 2021	38	614	50.41	2.81	$3,641
Dec 2020	27	2,129	44.64	2.68	$6,901
Nov 2020	14	2,430	38.77	2.71	$7,120
Oct 2020	35	1,641	36.97	2.48	$5,361
Sep 2020	20	3,175	37.09	1.99	$7,063
Aug 2020	10	2,665	39.98	2.39	$6,756
Jul 2020	6	540	38.37	1.83	$1,216
Jun 2020	14	1,491	34.90	1.69	$3,009
May 2020	0	2,524	16.92	1.81	$4,580
Apr 2020	57	2,651	14.75	1.80	$5,624
Mar 2020	356	2,513	30.34	1.86	$15,466
Feb 2020	3	2,463	49.88	1.98	$5,028
Jan 2020	112	2,304	57.25	2.09	$11,238
Dec 2019	64	2,022	59.01	2.30	$8,436
Nov 2019	64	2,651	55.30	2.75	$10,831
Oct 2019	22	1,426	53.47	2.42	$4,625
Sep 2019	68	1,467	55.05	2.66	$7,642
Aug 2019	45	378	53.11	2.30	$3,261
Jul 2019	65	439	56.27	2.46	$4,738
Jun 2019	49	799	52.78	2.49	$4,577
May 2019	46	880	58.48	2.74	$5,102
Apr 2019	49	820	62.63	2.75	$5,324
Mar 2019	57	1,041	56.80	3.06	$6,425
Feb 2019	186	1,536	50.85	2.79	$13,747
Jan 2019	179	1,761	46.03	3.23	$13,924
Dec 2018	3	954	46.59	4.19	$4,133
Nov 2018	65	579	52.93	4.24	$5,894
Oct 2018	23	917	61.44	3.40	$4,529
Sep 2018	22	1,751	59.54	3.11	$6,752
Aug 2018	38	1,771	59.40	3.07	$7,688
Jul 2018	52	1,817	65.14	2.93	$8,715
Jun 2018	26	4,078	60.18	3.08	$14,112
May 2018	82	5,076	65.38	2.90	$20,086
Apr 2018	149	3,097	63.84	2.90	$18,496
Mar 2018	74	1,963	61.22	2.79	$10,001
Feb 2018	9	1,837	61.78	2.77	$5,637
Jan 2018	4	2,033	62.87	4.01	$8,402
Dec 2017	29	2,140	57.27	2.92	$7,913
Nov 2017	50	2,223	55.42	3.12	$9,703
Oct 2017	6	2,175	49.29	2.98	$6,785
Sep 2017	1	1,561	47.52	3.09	$4,867
Aug 2017	20	1,581	45.37	3.00	$5,657
Jul 2017	41	2,791	43.87	3.09	$10,415
Jun 2017	16	2,791	42.49	3.09	$9,296
May 2017	7	1,686	45.37	3.26	$5,820
Apr 2017	7	1,527	47.93	3.21	$5,240
Mar 2017	7	878	46.77	2.98	$2,947
Feb 2017	10	1,472	50.45	2.95	$4,851
Jan 2017	17	1,869	49.41	3.42	$7,230
Dec 2016	24	1,950	48.76	3.72	$8,430
Nov 2016	12	1,684	42.49	2.64	$4,963
Oct 2016	14	671	46.19	3.09	$2,720
Sep 2016	15	1,852	41.55	3.10	$6,366
Aug 2016	13	1,816	41.44	2.92	$5,849
Jul 2016	18	972	41.62	2.92	$3,592
Jun 2016	11	931	45.35	2.69	$2,999
May 2016	25	1,664	42.52	1.99	$4,376
Apr 2016	28	876	36.56	1.99	$2,768
Mar 2016	32	1,926	33.01	1.79	$4,512
Feb 2016	25	1,785	26.47	2.06	$4,345
Jan 2016	51	1,893	27.35	2.36	$5,871
Dec 2015	72	1,047	32.36	2.00	$4,425
Nov 2015	25	1,581	38.79	2.17	$4,396
Oct 2015	8	1,917	43.55	2.43	$5,000
Sep 2015	9	1,755	42.99	2.76	$5,228
Aug 2015	12	1,977	40.16	2.87	$6,161
Jul 2015	8	1,932	48.15	2.95	$6,075
Jun 2015	21	2,083	56.15	2.88	$7,184
May 2015	12	2,672	55.21	2.96	$8,559
Apr 2015	6	1,068	49.82	2.71	$3,190
Mar 2015	7	1,406	42.89	2.93	$4,426
Feb 2015	13	1,628	44.66	2.98	$5,426
Jan 2015	5	1,407	43.43	3.10	$4,580
Dec 2014	5	1,562	54.69	3.59	$5,883
Nov 2014	11	1,811	70.46	4.25	$8,475
Oct 2014	4	1,353	78.30	3.90	$5,591
Sep 2014	12	2,008	86.16	4.05	$9,157
Aug 2014	18	1,772	89.39	4.04	$8,759
Jul 2014	12	1,950	96.56	4.18	$9,309
Jun 2014	31	2,032	98.16	4.74	$12,668
May 2014	176	1,915	94.73	4.73	$25,724
Apr 2014	4	1,530	95.94	4.81	$7,742
Mar 2014	10	1,674	95.89	5.06	$9,424
Feb 2014	18	1,589	97.40	6.19	$11,592
Jan 2014	6	1,737	90.40	4.86	$8,985
Dec 2013	15	1,359	91.82	4.35	$7,295
Nov 2013	26	2,050	88.85	3.74	$9,974
Oct 2013	15	1,792	97.42	3.78	$8,234
Sep 2013	0	1,621	104.11	3.72	$6,026
Aug 2013	27	2,886	104.25	3.52	$12,981
Jul 2013	6	2,888	102.52	3.72	$11,352
Jun 2013	16	1,531	94.40	3.93	$7,532
May 2013	23	1,901	94.83	4.15	$10,068
Apr 2013	33	3,552	93.96	4.28	$18,312
Mar 2013	67	6,057	93.62	3.91	$29,973
Feb 2013	22	3,905	91.23	3.42	$15,362
Jan 2013	18	2,201	91.60	3.42	$9,176
Dec 2012	10	2,222	86.77	3.42	$8,467
Nov 2012	37	2,081	86.95	3.62	$10,761
Oct 2012	84	1,933	89.38	3.40	$14,080
Sep 2012	49	1,992	94.67	2.92	$10,452
Aug 2012	22	1,632	92.66	2.91	$6,785
Jul 2012	44	1,992	85.13	3.02	$9,763
Jun 2012	21	2,359	79.82	2.52	$7,619
May 2012	47	2,500	91.61	2.49	$10,526
Apr 2012	10	2,850	101.65	2.00	$6,707
Mar 2012	0	2,504	105.05	2.22	$5,564
Feb 2012	9	1,377	101.10	2.57	$4,449
Jan 2012	19	2,636	98.09	2.73	$9,071
Dec 2011	11	2,137	96.87	3.24	$7,989
Nov 2011	14	2,035	95.72	3.31	$8,079
Oct 2011	7	1,902	84.98	3.65	$7,534
Sep 2011	13	2,510	83.62	3.99	$11,091
Aug 2011	0	2,556	83.40	4.15	$10,606
Jul 2011	0	2,453	94.14	4.52	$11,081
Jun 2011	16	2,650	92.90	4.64	$13,782
May 2011	17	2,650	98.13	4.40	$13,341
Apr 2011	33	2,477	105.96	4.33	$14,230
Mar 2011	22	2,668	96.36	4.06	$12,945
Feb 2011	10	2,334	85.64	4.18	$10,612
Jan 2011	4	2,185	86.50	4.59	$10,372
Dec 2010	21	1,451	85.73	4.35	$8,109
Nov 2010	18	2,205	80.84	3.80	$9,824
Oct 2010	21	2,912	78.10	3.51	$11,858
Sep 2010	39	2,932	72.63	3.98	$14,500
Aug 2010	67	3,070	73.68	4.42	$18,504
Jul 2010	65	2,971	72.55	4.74	$18,788
Jun 2010	106	2,870	70.36	4.91	$21,551
May 2010	150	2,998	71.12	4.24	$23,365
Apr 2010	52	2,843	81.69	4.12	$15,969
Mar 2010	91	2,991	78.39	4.39	$20,260
Feb 2010	105	2,583	73.58	5.44	$21,784
Jan 2010	110	2,903	74.36	5.96	$25,493
Dec 2009	109	2,958	71.44	5.48	$24,008
Nov 2009	45	2,923	74.59	3.75	$14,322
Oct 2009	83	2,964	72.54	4.11	$18,204
Sep 2009	169	2,855	65.54	3.06	$19,826
Aug 2009	150	3,129	67.42	3.22	$20,184
Jul 2009	50	3,130	61.13	3.46	$13,900
Jun 2009	17	3,603	66.16	3.90	$15,158
May 2009	21	3,557	54.74	3.93	$15,113
Apr 2009	6	4,239	46.77	3.59	$15,488
Mar 2009	2	4,416	42.14	4.06	$18,009
Feb 2009	0	3,864	32.81	4.63	$17,902
Jan 2009	5	4,212	35.86	5.37	$22,802
Dec 2008	6	4,219	37.10	5.98	$25,440
Nov 2008	12	4,392	55.49	6.86	$30,797
Oct 2008	2	4,648	75.24	6.92	$32,324
Sep 2008	2	4,334	101.76	7.88	$34,343
Aug 2008	3	4,575	114.22	8.48	$39,152
Jul 2008	2	4,519	131.08	11.39	$51,731
Jun 2008	42	4,446	131.33	13.03	$63,459
May 2008	144	4,456	123.17	11.57	$69,312
Apr 2008	132	4,727	110.31	10.45	$63,981
Mar 2008	0	4,937	101.90	9.66	$47,712
Feb 2008	0	4,524	92.53	8.77	$39,678
Jan 2008	16	4,754	90.38	8.21	$40,456
Dec 2007	61	4,777	88.33	7.30	$40,270
Nov 2007	23	4,711	91.67	7.29	$36,460
Oct 2007	64	4,916	82.85	6.92	$39,331
Sep 2007	48	4,849	75.84	6.24	$33,918
Aug 2007	66	4,988	69.06	6.39	$36,421
Jul 2007	26	4,937	70.90	6.39	$33,381
Jun 2007	79	5,085	62.00	7.55	$43,282
May 2007	84	5,783	58.74	7.85	$50,309
Apr 2007	83	5,667	59.61	7.81	$49,180
Mar 2007	111	4,902	56.92	7.30	$42,112
Feb 2007	97	3,835	55.10	8.22	$36,853
Jan 2007	56	5,641	50.30	6.73	$40,763
Dec 2006	38	5,782	56.65	6.92	$42,155
Nov 2006	146	5,475	54.20	7.62	$49,619
Oct 2006	35	8,583	54.90	6.01	$53,538
Sep 2006	27	7,014	60.08	5.04	$36,953
Aug 2006	17	6,373	68.71	7.34	$47,945
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	5,533	64.39	7.36	$40,726
Mar 2006	0	2,774	56.70	7.08	$19,648
Feb 2006	0	2,876	57.59	7.75	$22,292
Jan 2006	0	4,775	60.59	8.93	$42,657
Dec 2005	0	2,648	54.94	13.42	$35,524
Nov 2005	0	3,258	54.69	10.59	$34,497
Oct 2005	0	5,474	58.34	13.80	$75,518
Sep 2005	0	3,405	61.45	12.08	$41,129
Aug 2005	0	3,181	61.51	9.80	$31,164
Jul 2005	0	3,364	55.69	7.84	$26,386
Jun 2005	0	3,766	52.33	7.38	$27,797
May 2005	0	6,114	45.22	6.65	$40,665
Apr 2005	0	5,467	49.20	7.36	$40,240
Mar 2005	0	5,900	50.37	7.15	$42,214
Feb 2005	0	5,331	45.22	6.31	$33,649
Jan 2005	0	6,392	43.16	6.32	$40,412
Dec 2004	0	6,472	39.86	6.75	$43,693
Nov 2004	0	6,568	45.28	6.33	$41,578
Oct 2004	0	7,128	49.70	6.52	$46,440
Sep 2004	0	7,005	43.24	5.28	$37,014
Aug 2004	0	7,848	42.37	5.55	$43,562
Jul 2004	0	6,645	38.28	6.08	$40,429
Jun 2004	0	7,325	36.10	6.43	$47,122
May 2004	0	8,090	37.48	6.49	$52,541
Apr 2004	0	9,629	34.47	5.86	$56,411
Mar 2004	0	10,757	34.36	5.53	$59,488
Feb 2004	0	13,348	32.45	5.51	$73,542
Jan 2004	0	13,851	32.03	6.30	$87,256
Dec 2003	0	16,239	30.26	6.30	$102,332
Nov 2003	0	13,852	28.80	4.60	$63,652
Oct 2003	0	16,235	28.17	4.76	$77,273
Sep 2003	0	16,069	26.31	4.75	$76,317
Aug 2003	0	25,508	29.76	5.13	$130,849
Jul 2003	0	38,366	29.41	5.17	$198,384
Jun 2003	0	10,233	28.56	5.98	$61,224

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.

Jul 2022 — as filed, then multipliedworked

Condensate             1 bbl  × $101.58 =       $102
Gas                1,090 Mcf  × $  7.54 =     $8,221

────────────────────────────────────────────────────
Month total                                   $8,322

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. 03/G/196218 is the state's own key, not one this site invented.