K&H FEE "1575"

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

Gas lease lease 160815District 04Field 070784752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Sep 1996 – Feb 2020
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
282
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 247 leases and 247 wells, and the rule below applies to all of them.

Discovered
1998-02-24
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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111997-01-07135975
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
CondensateDisposition6,312 bbl$153,295
GasProduction607,971 Mcf$2,115,947
Total$2,269,242

87,673 Mcf of this lease's gas, across 4 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 27.4789, -99.1777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.47889, -99.17772 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,000 ft
1 wells filed one
Completion to plug
23.4 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 9,000 ft.

Completions filed
Sep 1996
1 of 1 wells
Plug dates filed
Feb 2020
1 of 1 wells

Last completion to plug: a median of 23.4 years across the 1 well that filed both dates, with the middle half between 23.4 years and 23.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793650869,000 ftSep 1996Feb 2020Yes

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 (282)

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

282 months

Feb 20200049.881.98$0
Jan 2020051857.252.09$1,085
Dec 20190059.012.30$0
Nov 201923055.302.75$1,272
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 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016036227.352.36$856
Dec 2015065732.362.00$1,315
Nov 2015056138.792.17$1,216
Oct 2015061043.552.43$1,480
Sep 2015054142.992.76$1,492
Aug 2015045740.162.87$1,313
Jul 2015057248.152.95$1,685
Jun 2015058056.152.88$1,672
May 2015052855.212.96$1,560
Apr 2015062249.822.71$1,683
Mar 2015069742.892.93$2,045
Feb 2015063944.662.98$1,902
Jan 2015067743.433.10$2,099
Dec 2014069154.693.59$2,482
Nov 2014065070.464.25$2,764
Oct 2014066878.303.90$2,606
Sep 2014068886.164.05$2,783
Aug 2014068289.394.04$2,752
Jul 20147372796.564.18$10,087
Jun 2014068998.164.74$3,264
May 2014037794.734.73$1,782
Apr 2014066495.944.81$3,193
Mar 2014080395.895.06$4,061
Feb 2014067397.406.19$4,167
Jan 2014073290.404.86$3,558
Dec 2013067691.824.35$2,944
Nov 2013066288.853.74$2,475
Oct 2013049897.423.78$1,882
Sep 20130560104.113.72$2,082
Aug 20130653104.253.52$2,300
Jul 20130679102.523.72$2,524
Jun 2013081094.403.93$3,186
May 2013081294.834.15$3,369
Apr 2013082893.964.28$3,546
Mar 2013074193.623.91$2,899
Feb 2013074191.233.42$2,534
Jan 2013087691.603.42$2,996
Dec 2012051986.773.42$1,775
Nov 2012058086.953.62$2,102
Oct 2012060489.383.40$2,053
Sep 2012058694.672.92$1,710
Aug 2012069192.662.91$2,010
Jul 2012085485.133.02$2,580
Jun 2012081979.822.52$2,063
May 2012073091.612.49$1,816
Apr 20120690101.652.00$1,378
Mar 20120530105.052.22$1,178
Feb 20120760101.102.57$1,953
Jan 20127978798.092.73$9,901
Dec 2011090096.873.24$2,916
Nov 2011082795.723.31$2,738
Oct 2011044584.983.65$1,624
Sep 2011090883.623.99$3,619
Aug 201101,07683.404.15$4,465
Jul 2011091294.144.52$4,120
Jun 2011097292.904.64$4,510
May 2011073998.134.40$3,255
Apr 20110730105.964.33$3,163
Mar 2011064296.364.06$2,605
Feb 2011069385.644.18$2,897
Jan 2011096286.504.59$4,414
Dec 2010093985.734.35$4,083
Nov 2010096580.843.80$3,662
Oct 2010080278.103.51$2,814
Sep 2010079772.633.98$3,172
Aug 201001,00573.684.42$4,441
Jul 201001,11772.554.74$5,291
Jun 201001,12570.364.91$5,524
May 201001,28771.124.24$5,451
Apr 201001,28781.694.12$5,306
Mar 201001,24778.394.39$5,473
Feb 201001,11573.585.44$6,068
Jan 2010261,22674.365.96$9,245
Dec 200901,30171.445.48$7,134
Nov 200901,34374.593.75$5,038
Oct 200901,41372.544.11$5,808
Sep 200901,27965.543.06$3,920
Aug 200901,43767.423.22$4,625
Jul 200901,45361.133.46$5,034
Jun 200901,43166.163.90$5,574
May 200901,48754.743.93$5,838
Apr 200901,40746.773.59$5,048
Mar 200901,34242.144.06$5,447
Feb 200901,26832.814.63$5,875
Jan 200901,34235.865.37$7,208
Dec 200801,37837.105.98$8,237
Nov 200801,21955.496.86$8,363
Oct 200801,31975.246.92$9,130
Sep 200801,394101.767.88$10,981
Aug 200801,330114.228.48$11,282
Jul 200801,394131.0811.39$15,877
Jun 200801,382131.3313.03$18,011
May 200801,363123.1711.57$15,776
Apr 200891,348110.3110.45$15,086
Mar 200801,444101.909.66$13,955
Feb 200801,23592.538.77$10,832
Jan 200801,48390.388.21$12,169
Dec 200701,28988.337.30$9,412
Nov 200701,26791.677.29$9,239
Oct 200701,67382.856.92$11,580
Sep 200701,57675.846.24$9,841
Aug 200701,43369.066.39$9,154
Jul 200701,42170.906.39$9,077
Jun 200701,44262.007.55$10,885
May 200701,29958.747.85$10,192
Apr 200701,24359.617.81$9,702
Mar 200701,28456.927.30$9,376
Feb 200701,35955.108.22$11,166
Jan 200701,38050.306.73$9,283
Dec 200601,42056.656.92$9,824
Nov 200601,49154.207.62$11,358
Oct 2006621,35554.906.01$11,553
Sep 200601,42560.085.04$7,178
Aug 200601,49068.717.34$10,936
Jul 200601,46169.376.34$9,267
Jun 200601,57966.286.38$10,080
May 200601,61766.016.42$10,389
Apr 200601,59764.397.36$11,755
Mar 200601,86256.707.08$13,188
Feb 200601,66457.597.75$12,898
Jan 200601,67360.598.93$14,945
Dec 200501,67354.9413.42$22,444
Nov 200501,64154.6910.59$17,376
Oct 200501,87658.3413.80$25,881
Sep 200501,73561.4512.08$20,957
Aug 200501,79761.519.80$17,605
Jul 200502,08755.697.84$16,370
Jun 200501,86752.337.38$13,780
May 200501,65345.226.65$10,994
Apr 200501,82049.207.36$13,396
Mar 200501,69650.377.15$12,135
Feb 2005782,00545.226.31$16,183
Jan 200502,20443.166.32$13,934
Dec 200402,24239.866.75$15,136
Nov 2004152,28745.286.33$15,157
Oct 200402,73649.706.52$17,825
Sep 200402,47543.245.28$13,078
Aug 2004312,32442.375.55$14,213
Jul 200402,40638.286.08$14,639
Jun 200402,28636.106.43$14,706
May 200401,94637.486.49$12,638
Apr 200401,72134.475.86$10,082
Mar 2004342,22434.365.53$13,467
Feb 200402,19132.455.51$12,072
Jan 200402,04632.036.30$12,889
Dec 200301,49930.266.30$9,446
Nov 200301,93928.804.60$8,910
Oct 2003271,79428.174.76$9,299
Sep 200301,91126.314.75$9,076
Aug 2003402,66529.765.13$14,861
Jul 200302,40629.415.17$12,441
Jun 2003412,23228.565.98$14,525
May 200302,76226.595.97$16,497
Apr 200302,52526.675.41$13,653
Mar 2003452,20231.146.10$14,825
Feb 200302,02733.487.93$16,066
Jan 2003592,02030.315.58$13,064
Dec 200202,30226.914.85$11,173
Nov 200202,27124.664.14$9,395
Oct 2002563,21926.464.23$15,095
Sep 200202,96927.443.64$10,793
Aug 2002492,50625.963.16$9,201
Jul 200201,88324.583.06$5,765
Jun 200202,37623.733.34$7,932
May 2002572,27324.663.58$9,552
Apr 200202,74723.653.51$9,648
Mar 2002623,05922.003.10$10,855
Feb 200201,96818.222.38$4,675
Jan 200203,11217.172.38$7,393
Dec 200103,08516.932.36$7,294
Nov 200102,44918.072.41$5,891
Oct 200112,35719.782.53$5,980
Sep 2001662,87024.262.25$8,062
Aug 200102,88624.873.05$8,811
Jul 200102,34023.933.20$7,481
Jun 2001652,99224.563.82$13,038
May 2001622,59925.524.31$12,777
Apr 200102,95524.685.34$15,766
Mar 2001712,30824.545.38$14,151
Feb 2001622,77027.755.77$17,695
Jan 200102,72927.478.40$22,920
Dec 2000713,41926.889.12$33,098
Nov 2000722,66532.215.66$17,398
Oct 200012,94731.235.15$15,195
Sep 2000692,79731.875.19$16,706
Aug 200003,02829.644.54$13,749
Jul 2000612,85728.534.09$13,425
Jun 2000723,02429.304.40$15,407
May 200003,09527.263.68$11,389
Apr 2000743,41124.513.12$12,442
Mar 2000693,60828.422.86$12,279
Feb 2000573,30927.622.73$10,596
Jan 200003,06425.272.48$7,600
Dec 1999592,73424.282.42$8,059
Nov 199953,32623.192.43$8,211
Oct 1999673,66420.982.80$11,678
Sep 1999633,54421.752.62$10,651
Aug 1999703,13319.262.88$10,357
Jul 199904,02117.892.37$9,539
Jun 1999754,11215.942.36$10,908
May 1999764,62915.792.32$11,944
Apr 1999794,61415.102.21$11,381
Mar 1999684,91212.471.84$9,878
Feb 1999603,8009.981.82$7,506
Jan 1999615,04810.381.90$10,224
Dec 1998565,0479.201.77$9,465
Nov 1998583,59310.892.19$8,485
Oct 1998313,40612.421.97$7,092
Sep 1998364,92412.592.08$10,708
Aug 1998144,68711.301.91$9,098
Jul 1998635,42611.742.24$12,879
Jun 1998275,17611.242.24$11,884
May 1998705,80112.622.21$13,682
Apr 199804,39513.042.51$11,011
Mar 1998333,95812.802.31$9,563
Feb 1998336,11713.952.30$14,524
Jan 19981055,28914.702.15$12,940
Dec 1997876,26016.322.41$16,513
Nov 1997724,19918.193.09$14,277
Oct 19971428,13619.253.15$28,360
Sep 1997738,47817.742.95$26,346
Aug 19971359,34417.862.55$26,283
Jul 1997657,85017.582.25$18,781
Jun 19971357,01317.242.26$18,157
May 199713810,51218.972.31$26,885
Apr 199721111,31917.882.08$27,348
Mar 199714013,00618.951.94$27,873
Feb 199720913,32720.492.21$33,680
Jan 199734016,76823.483.54$67,337
Dec 199629719,12823.32$6,926
Nov 199640218,56121.97$8,832
Oct 199646922,84523.31$10,932
Sep 199644927,13922.22$9,977

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.

Jan 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.25 =         $0
Gas                  518 Mcf  × $  2.09 =     $1,085

────────────────────────────────────────────────────
Month total                                   $1,085

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/160815 is the state's own key, not one this site invented.