KGFU 2

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 231462District 03Field 482788502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-10-19193875
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
CondensateDisposition4,670 bbl$314,135
GasProduction364,065 Mcf$2,449,959
Total$2,764,094

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 29.8938, -95.8993. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89379, -95.89932 · 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
11,325 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 11,325 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-47331091W 7411,325 ftOct 2016

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 (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20166041.622.92$250
Jun 20162045.352.69$91
May 2016223942.521.99$561
Apr 2016576136.561.99$1,698
Mar 20162274533.011.79$2,063
Feb 201682,10826.472.06$4,562
Jan 2016136427.352.36$888
Dec 201512332.362.00$394
Nov 20151038.792.17$39
Oct 2015254743.552.43$1,414
Sep 2015040042.992.76$1,103
Aug 2015091440.162.87$2,625
Jul 20154658148.152.95$3,926
Jun 2015665356.152.88$2,219
May 20151998455.212.96$3,957
Apr 2015651,03449.822.71$6,037
Mar 201502,40742.892.93$7,064
Feb 201510044.662.98$447
Jan 2015065343.433.10$2,025
Dec 2014773454.693.59$3,019
Nov 2014084170.464.25$3,576
Oct 2014073678.303.90$2,871
Sep 2014074386.164.05$3,006
Aug 2014095389.394.04$3,845
Jul 20141873296.564.18$4,798
Jun 2014081198.164.74$3,842
May 2014079894.734.73$3,772
Apr 2014155295.944.81$2,751
Mar 2014051495.895.06$2,599
Feb 2014033397.406.19$2,062
Jan 2014038490.404.86$1,867
Dec 2013093291.824.35$4,058
Nov 2013086988.853.74$3,249
Oct 2013017097.423.78$642
Sep 20130585104.113.72$2,175
Aug 201301,491104.253.52$5,252
Jul 20130996102.523.72$3,703
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201306193.964.28$261
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013073691.603.42$2,517
Dec 2012194686.773.42$3,322
Nov 201231,75086.953.62$6,605
Oct 2012551589.383.40$2,198
Sep 2012331,35794.672.92$7,084
Aug 20121421,54992.662.91$17,662
Jul 201262,38185.133.02$7,703
Jun 2012441,45379.822.52$7,172
May 2012703,08191.612.49$14,079
Apr 201201,011101.652.00$2,019
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201212698.092.73$169
Dec 201103596.873.24$113
Nov 201105795.723.31$189
Oct 201126084.983.65$389
Sep 201191,09883.623.99$5,129
Aug 20111131483.404.15$2,220
Jul 201141,19894.144.52$5,788
Jun 20111211692.904.64$1,653
May 201113198.134.40$235
Apr 2011079105.964.33$342
Mar 201118096.364.06$421
Feb 20111497885.644.18$5,287
Jan 2011321,00686.504.59$7,384
Dec 2010722,20385.734.35$15,751
Nov 20101002,40280.843.80$17,200
Oct 2010792,79678.103.51$15,981
Sep 20101261,76972.633.98$16,191
Aug 20101411,54373.684.42$17,208
Jul 2010732,16072.554.74$15,527
Jun 2010416270.364.91$1,077
May 20101648971.124.24$3,209
Apr 20108163981.694.12$9,251
Mar 20105989278.394.39$8,540
Feb 20101421673.585.44$2,206
Jan 2010311,18774.365.96$9,385
Dec 20093295271.445.48$7,507
Nov 20091497874.593.75$4,713
Oct 2009572,45772.544.11$14,234
Sep 2009812,54365.543.06$13,102
Aug 200902,94267.423.22$9,469
Jul 200962,21361.133.46$8,034
Jun 2009202,58866.163.90$11,403
May 2009412,86254.743.93$13,480
Apr 2009953,27046.773.59$16,174
Mar 20092422,83642.144.06$21,709
Feb 2009622,57532.814.63$13,964
Jan 200902,86635.865.37$15,393
Dec 200843,33337.105.98$20,070
Nov 2008412,65755.496.86$20,503
Oct 2008483,74675.246.92$29,541
Sep 200883,693101.767.88$29,904
Aug 200804,321114.228.48$36,655
Jul 200805,324131.0811.39$60,637
Jun 200835,966131.3313.03$78,147
May 2008216,636123.1711.57$79,394
Apr 2008417,407110.3110.45$81,962
Mar 2008228,168101.909.66$81,178
Feb 200807,20692.538.77$63,201
Jan 2008010,87490.388.21$89,229
Dec 2007013,43888.337.30$98,124
Nov 2007313,14391.677.29$96,110
Oct 20072519,79982.856.92$139,120
Sep 20078714,66875.846.24$98,187
Aug 200714826,26269.066.39$177,981
Jul 200759621,27570.906.39$178,160
Jun 20071,09247,88162.007.55$429,131
May 200746147,24358.747.85$397,761

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 2016 — as filed, then multipliedworked
Condensate             6 bbl  × $ 41.62 =       $250
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                     $250

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/231462 is the state's own key, not one this site invented.