K & H FEE "942"

Name: K & H FEE "942" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the B.M.T. (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103132District 04Field 04789237NGPA filingCondensateGasSave Export

Value, all time

$52 k

Jan 1993 – Dec 2003

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

132

no gaps in the span

Streams

condensate, gas

The B.M.T. (LOBO 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 420 leases and 420 wells, and the rule below applies to all of them.

Discovered

1998-10-21

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: “PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.”

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
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	235 bbl	$3,947
Gas	Production	45,272 Mcf	$47,664
Total			$51,612

29,631 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.5227, -99.0942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52269, -99.09419 · 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

10,444 ft

1 wells filed one

Completion to plug

21.1 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 10,444 ft.

Completions filed

Nov 1982

1 of 1 wells

Plug dates filed

Dec 2003

1 of 1 wells

Last completion to plug: a median of 21.1 years across the 1 well that filed both dates, with the middle half between 21.1 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47933375	3	10,444 ft	Nov 1982	Dec 2003	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 (132)

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

132 months


Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	64	28.80	4.60	$294
Oct 2003	0	93	28.17	4.76	$443
Sep 2003	0	161	26.31	4.75	$765
Aug 2003	0	336	29.76	5.13	$1,724
Jul 2003	0	355	29.41	5.17	$1,836
Jun 2003	0	376	28.56	5.98	$2,250
May 2003	0	54	26.59	5.97	$323
Apr 2003	0	45	26.67	5.41	$243
Mar 2003	0	38	31.14	6.10	$232
Feb 2003	0	34	33.48	7.93	$269
Jan 2003	0	48	30.31	5.58	$268
Dec 2002	0	26	26.91	4.85	$126
Nov 2002	0	36	24.66	4.14	$149
Oct 2002	0	36	26.46	4.23	$152
Sep 2002	0	46	27.44	3.64	$167
Aug 2002	0	18	25.96	3.16	$57
Jul 2002	0	44	24.58	3.06	$135
Jun 2002	0	26	23.73	3.34	$87
May 2002	0	24	24.66	3.58	$86
Apr 2002	0	12	23.65	3.51	$42
Mar 2002	0	26	22.00	3.10	$81
Feb 2002	0	59	18.22	2.38	$140
Jan 2002	0	70	17.17	2.38	$166
Dec 2001	0	73	16.93	2.36	$173
Nov 2001	0	58	18.07	2.41	$140
Oct 2001	0	34	19.78	2.53	$86
Sep 2001	0	50	24.26	2.25	$113
Aug 2001	0	59	24.87	3.05	$180
Jul 2001	1	44	23.93	3.20	$165
Jun 2001	0	222	24.56	3.82	$849
May 2001	0	6	25.52	4.31	$26
Apr 2001	0	91	24.68	5.34	$486
Mar 2001	0	7	24.54	5.38	$38
Feb 2001	1	0	27.75	5.77	$28
Jan 2001	2	160	27.47	8.40	$1,399
Dec 2000	2	212	26.88	9.12	$1,988
Nov 2000	2	156	32.21	5.66	$947
Oct 2000	3	395	31.23	5.15	$2,126
Sep 2000	2	379	31.87	5.19	$2,029
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	5	28.53	4.09	$20
Jun 2000	0	16	29.30	4.40	$70
May 2000	0	15	27.26	3.68	$55
Apr 2000	0	47	24.51	3.12	$146
Mar 2000	0	42	28.42	2.86	$120
Feb 2000	0	86	27.62	2.73	$234
Jan 2000	2	163	25.27	2.48	$455
Dec 1999	1	330	24.28	2.42	$824
Nov 1999	2	126	23.19	2.43	$353
Oct 1999	0	113	20.98	2.80	$317
Sep 1999	1	214	21.75	2.62	$582
Aug 1999	0	93	19.26	2.88	$267
Jul 1999	0	64	17.89	2.37	$152
Jun 1999	1	180	15.94	2.36	$441
May 1999	1	259	15.79	2.32	$617
Apr 1999	1	353	15.10	2.21	$795
Mar 1999	2	268	12.47	1.84	$518
Feb 1999	4	446	9.98	1.82	$851
Jan 1999	2	520	10.38	1.90	$1,009
Dec 1998	1	239	9.20	1.77	$433
Nov 1998	2	349	10.89	2.19	$785
Oct 1998	3	706	12.42	1.97	$1,428
Sep 1998	3	519	12.59	2.08	$1,119
Aug 1998	2	502	11.30	1.91	$980
Jul 1998	3	432	11.74	2.24	$1,002
Jun 1998	1	436	11.24	2.24	$987
May 1998	2	412	12.62	2.21	$934
Apr 1998	3	413	13.04	2.51	$1,074
Mar 1998	3	615	12.80	2.31	$1,459
Feb 1998	2	408	13.95	2.30	$966
Jan 1998	1	157	14.70	2.15	$353
Dec 1997	1	203	16.32	2.41	$506
Nov 1997	1	278	18.19	3.09	$877
Oct 1997	2	596	19.25	3.15	$1,916
Sep 1997	2	375	17.74	2.95	$1,144
Aug 1997	11	306	17.86	2.55	$978
Jul 1997	1	306	17.58	2.25	$705
Jun 1997	1	312	17.24	2.26	$721
May 1997	2	167	18.97	2.31	$423
Apr 1997	1	135	17.88	2.08	$299
Mar 1997	0	77	18.95	1.94	$149
Feb 1997	1	144	20.49	2.21	$338
Jan 1997	2	241	23.48	3.54	$900
Dec 1996	0	52	23.32	—	$0
Nov 1996	1	170	21.97	—	$22
Oct 1996	1	322	23.31	—	$23
Sep 1996	0	110	22.22	—	$0
Aug 1996	1	285	20.26	—	$20
Jul 1996	1	231	19.55	—	$20
Jun 1996	1	242	18.73	—	$19
May 1996	2	294	19.43	—	$39
Apr 1996	1	240	21.51	—	$22
Mar 1996	1	285	19.38	—	$19
Feb 1996	0	106	16.98	—	$0
Jan 1996	0	125	17.07	—	$0
Dec 1995	0	117	17.19	—	$0
Nov 1995	3	518	16.00	—	$48
Oct 1995	2	274	15.43	—	$31
Sep 1995	2	271	16.18	—	$32
Aug 1995	3	360	15.92	—	$48
Jul 1995	2	315	15.24	—	$30
Jun 1995	2	365	16.41	—	$33
May 1995	4	489	17.56	—	$70
Apr 1995	4	436	17.73	—	$71
Mar 1995	3	443	16.44	—	$49
Feb 1995	3	383	16.58	—	$50
Jan 1995	5	739	15.92	—	$80
Dec 1994	2	386	15.03	—	$30
Nov 1994	5	737	15.90	—	$80
Oct 1994	4	585	15.58	—	$62
Sep 1994	6	969	15.29	—	$92
Aug 1994	8	1,612	16.13	—	$129
Jul 1994	7	1,239	17.56	—	$123
Jun 1994	21	3,953	17.09	—	$359
May 1994	24	3,829	15.88	—	$381
Apr 1994	1	167	14.14	—	$14
Mar 1994	2	294	12.46	—	$25
Feb 1994	2	247	12.50	—	$25
Jan 1994	2	275	12.66	—	$25
Dec 1993	2	267	12.33	—	$25
Nov 1993	3	437	14.49	—	$43
Oct 1993	4	541	15.85	—	$63
Sep 1993	2	399	15.03	—	$30
Aug 1993	3	576	15.66	—	$47
Jul 1993	6	1,299	15.46	—	$93
Jun 1993	8	2,134	16.79	—	$134
May 1993	0	1,647	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	253	18.14	—	$0
Feb 1993	0	470	17.90	—	$0
Jan 1993	0	143	16.93	—	$0

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.

Nov 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 28.80 =         $0
Gas                   64 Mcf  × $  4.60 =       $294

────────────────────────────────────────────────────
Month total                                     $294

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. 04/G/103132 is the state's own key, not one this site invented.