K & H FEE "574"

Name: K & H FEE "574" lease production and value, Dec 1996 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 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 161155District 04Field 070784752 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Dec 1996 – Feb 2013

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

195

no gaps in the span

Streams

condensate, gas

The BENAVIDES (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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1997-04-14	136380
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	4,432 bbl	$105,330
Gas	Production	646,393 Mcf	$2,022,883
Total			$2,128,213

34,972 Mcf of this lease's gas, across 1 month, 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 27.5094, -99.1541. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.50935, -99.15411 · 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

0.0%

0 of 1 wells

Median depth

8,850 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

1100.0%

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.

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 8,850 ft.

Completions filed

Feb 2013

1 of 1 wells

1 well


42-47936586	3	8,850 ft	Feb 2013	—	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 (195)

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

195 months


Feb 2013	0	29	91.23	3.42	$99
Jan 2013	0	74	91.60	3.42	$253
Dec 2012	0	206	86.77	3.42	$705
Nov 2012	0	222	86.95	3.62	$805
Oct 2012	0	381	89.38	3.40	$1,295
Sep 2012	0	48	94.67	2.92	$140
Aug 2012	0	49	92.66	2.91	$143
Jul 2012	0	221	85.13	3.02	$668
Jun 2012	0	579	79.82	2.52	$1,459
May 2012	0	290	91.61	2.49	$722
Apr 2012	0	362	101.65	2.00	$723
Mar 2012	0	315	105.05	2.22	$700
Feb 2012	0	313	101.10	2.57	$804
Jan 2012	0	331	98.09	2.73	$905
Dec 2011	0	536	96.87	3.24	$1,737
Nov 2011	0	250	95.72	3.31	$828
Oct 2011	0	403	84.98	3.65	$1,470
Sep 2011	0	543	83.62	3.99	$2,164
Aug 2011	0	814	83.40	4.15	$3,378
Jul 2011	0	397	94.14	4.52	$1,793
Jun 2011	0	237	92.90	4.64	$1,100
May 2011	0	428	98.13	4.40	$1,885
Apr 2011	0	100	105.96	4.33	$433
Mar 2011	0	105	96.36	4.06	$426
Feb 2011	0	547	85.64	4.18	$2,286
Jan 2011	0	507	86.50	4.59	$2,327
Dec 2010	0	611	85.73	4.35	$2,656
Nov 2010	0	742	80.84	3.80	$2,816
Oct 2010	0	733	78.10	3.51	$2,572
Sep 2010	0	372	72.63	3.98	$1,480
Aug 2010	0	439	73.68	4.42	$1,940
Jul 2010	0	387	72.55	4.74	$1,833
Jun 2010	0	480	70.36	4.91	$2,357
May 2010	0	84	71.12	4.24	$356
Apr 2010	0	194	81.69	4.12	$800
Mar 2010	0	10	78.39	4.39	$44
Feb 2010	0	46	73.58	5.44	$250
Jan 2010	0	278	74.36	5.96	$1,658
Dec 2009	0	280	71.44	5.48	$1,535
Nov 2009	0	173	74.59	3.75	$649
Oct 2009	0	384	72.54	4.11	$1,578
Sep 2009	0	500	65.54	3.06	$1,532
Aug 2009	0	1,055	67.42	3.22	$3,396
Jul 2009	0	870	61.13	3.46	$3,014
Jun 2009	0	508	66.16	3.90	$1,979
May 2009	0	257	54.74	3.93	$1,009
Apr 2009	0	479	46.77	3.59	$1,718
Mar 2009	0	148	42.14	4.06	$601
Feb 2009	58	350	32.81	4.63	$3,525
Jan 2009	0	341	35.86	5.37	$1,832
Dec 2008	0	323	37.10	5.98	$1,931
Nov 2008	0	172	55.49	6.86	$1,180
Oct 2008	0	346	75.24	6.92	$2,395
Sep 2008	0	339	101.76	7.88	$2,670
Aug 2008	0	386	114.22	8.48	$3,274
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	348	131.33	13.03	$4,535
May 2008	0	274	123.17	11.57	$3,171
Apr 2008	23	479	110.31	10.45	$7,545
Mar 2008	0	340	101.90	9.66	$3,286
Feb 2008	49	243	92.53	8.77	$6,665
Jan 2008	0	769	90.38	8.21	$6,310
Dec 2007	0	757	88.33	7.30	$5,528
Nov 2007	15	102	91.67	7.29	$2,119
Oct 2007	0	33	82.85	6.92	$228
Sep 2007	23	273	75.84	6.24	$3,449
Aug 2007	0	257	69.06	6.39	$1,642
Jul 2007	0	472	70.90	6.39	$3,015
Jun 2007	0	472	62.00	7.55	$3,563
May 2007	0	161	58.74	7.85	$1,263
Apr 2007	0	410	59.61	7.81	$3,200
Mar 2007	0	648	56.92	7.30	$4,732
Feb 2007	36	608	55.10	8.22	$6,979
Jan 2007	0	530	50.30	6.73	$3,565
Dec 2006	0	736	56.65	6.92	$5,092
Nov 2006	0	1,022	54.20	7.62	$7,785
Oct 2006	32	1,578	54.90	6.01	$11,247
Sep 2006	0	3,045	60.08	5.04	$15,338
Aug 2006	0	1,115	68.71	7.34	$8,184
Jul 2006	0	1,221	69.37	6.34	$7,745
Jun 2006	0	956	66.28	6.38	$6,103
May 2006	0	1,094	66.01	6.42	$7,029
Apr 2006	0	1,134	64.39	7.36	$8,347
Mar 2006	0	897	56.70	7.08	$6,353
Feb 2006	35	1,325	57.59	7.75	$12,286
Jan 2006	0	1,907	60.59	8.93	$17,036
Dec 2005	0	1,773	54.94	13.42	$23,786
Nov 2005	0	1,522	54.69	10.59	$16,116
Oct 2005	23	1,603	58.34	13.80	$23,456
Sep 2005	0	1,195	61.45	12.08	$14,434
Aug 2005	0	1,752	61.51	9.80	$17,164
Jul 2005	24	1,231	55.69	7.84	$10,992
Jun 2005	0	1,144	52.33	7.38	$8,444
May 2005	0	2,308	45.22	6.65	$15,351
Apr 2005	13	1,727	49.20	7.36	$13,351
Mar 2005	0	2,743	50.37	7.15	$19,626
Feb 2005	22	320	45.22	6.31	$3,015
Jan 2005	0	1,464	43.16	6.32	$9,256
Dec 2004	6	2,644	39.86	6.75	$18,089
Nov 2004	0	591	45.28	6.33	$3,741
Oct 2004	9	429	49.70	6.52	$3,242
Sep 2004	17	1,166	43.24	5.28	$6,896
Aug 2004	0	1,632	42.37	5.55	$9,059
Jul 2004	0	2,136	38.28	6.08	$12,996
Jun 2004	9	1,329	36.10	6.43	$8,874
May 2004	0	983	37.48	6.49	$6,384
Apr 2004	18	1,791	34.47	5.86	$11,113
Mar 2004	0	1,763	34.36	5.53	$9,750
Feb 2004	15	1,966	32.45	5.51	$11,319
Jan 2004	15	1,375	32.03	6.30	$9,142
Dec 2003	0	1,436	30.26	6.30	$9,049
Nov 2003	16	1,627	28.80	4.60	$7,937
Oct 2003	12	1,699	28.17	4.76	$8,425
Sep 2003	0	1,765	26.31	4.75	$8,383
Aug 2003	13	1,865	29.76	5.13	$9,954
Jul 2003	8	1,916	29.41	5.17	$10,143
Jun 2003	0	1,018	28.56	5.98	$6,091
May 2003	13	573	26.59	5.97	$3,768
Apr 2003	0	865	26.67	5.41	$4,677
Mar 2003	15	1,428	31.14	6.10	$9,172
Feb 2003	22	638	33.48	7.93	$5,793
Jan 2003	19	1,585	30.31	5.58	$9,423
Dec 2002	0	1,040	26.91	4.85	$5,048
Nov 2002	13	2,056	24.66	4.14	$8,826
Oct 2002	8	661	26.46	4.23	$3,007
Sep 2002	11	1,079	27.44	3.64	$4,224
Aug 2002	0	1,342	25.96	3.16	$4,246
Jul 2002	16	1,675	24.58	3.06	$5,522
Jun 2002	17	1,929	23.73	3.34	$6,843
May 2002	13	2,540	24.66	3.58	$9,424
Apr 2002	7	2,052	23.65	3.51	$7,373
Mar 2002	15	1,482	22.00	3.10	$4,928
Feb 2002	12	1,992	18.22	2.38	$4,951
Jan 2002	18	2,308	17.17	2.38	$5,792
Dec 2001	11	2,069	16.93	2.36	$5,078
Nov 2001	12	1,892	18.07	2.41	$4,768
Oct 2001	11	2,776	19.78	2.53	$7,238
Sep 2001	11	2,548	24.26	2.25	$6,003
Aug 2001	19	3,161	24.87	3.05	$10,124
Jul 2001	8	1,849	23.93	3.20	$6,103
Jun 2001	10	1,435	24.56	3.82	$5,733
May 2001	11	2,434	25.52	4.31	$10,765
Apr 2001	12	2,523	24.68	5.34	$13,757
Mar 2001	24	2,980	24.54	5.38	$16,611
Feb 2001	12	2,821	27.75	5.77	$16,602
Jan 2001	24	3,313	27.47	8.40	$28,484
Dec 2000	9	3,221	26.88	9.12	$29,625
Nov 2000	14	1,903	32.21	5.66	$11,218
Oct 2000	9	3,153	31.23	5.15	$16,505
Sep 2000	7	3,344	31.87	5.19	$17,567
Aug 2000	6	2,748	29.64	4.54	$12,656
Jul 2000	15	3,283	28.53	4.09	$13,855
Jun 2000	9	3,959	29.30	4.40	$17,672
May 2000	17	4,343	27.26	3.68	$16,445
Apr 2000	16	3,837	24.51	3.12	$12,348
Mar 2000	15	3,851	28.42	2.86	$11,439
Feb 2000	15	3,719	27.62	2.73	$10,554
Jan 2000	24	4,083	25.27	2.48	$10,734
Dec 1999	15	4,273	24.28	2.42	$10,721
Nov 1999	24	4,482	23.19	2.43	$11,466
Oct 1999	14	4,470	20.98	2.80	$12,826
Sep 1999	18	3,455	21.75	2.62	$9,440
Aug 1999	12	4,693	19.26	2.88	$13,726
Jul 1999	15	3,592	17.89	2.37	$8,790
Jun 1999	18	3,502	15.94	2.36	$8,559
May 1999	20	4,740	15.79	2.32	$11,317
Apr 1999	27	5,041	15.10	2.21	$11,538
Mar 1999	17	4,907	12.47	1.84	$9,233
Feb 1999	10	2,776	9.98	1.82	$5,146
Jan 1999	7	3,170	10.38	1.90	$6,096
Dec 1998	6	2,683	9.20	1.77	$4,813
Nov 1998	9	2,096	10.89	2.19	$4,679
Oct 1998	17	4,987	12.42	1.97	$10,032
Sep 1998	20	6,942	12.59	2.08	$14,709
Aug 1998	15	6,190	11.30	1.91	$11,976
Jul 1998	17	5,224	11.74	2.24	$11,887
Jun 1998	27	7,371	11.24	2.24	$16,794
May 1998	23	7,863	12.62	2.21	$17,639
Apr 1998	36	7,790	13.04	2.51	$19,986
Mar 1998	32	8,426	12.80	2.31	$19,869
Feb 1998	34	7,196	13.95	2.30	$17,019
Jan 1998	50	10,809	14.70	2.15	$24,026
Dec 1997	94	14,885	16.32	2.41	$37,423
Nov 1997	87	9,594	18.19	3.09	$31,211
Oct 1997	80	14,184	19.25	3.15	$46,217
Sep 1997	143	20,610	17.74	2.95	$63,437
Aug 1997	150	22,449	17.86	2.55	$60,030
Jul 1997	238	28,922	17.58	2.25	$69,170
Jun 1997	217	20,912	17.24	2.26	$50,944
May 1997	222	28,759	18.97	2.31	$70,601
Apr 1997	301	28,985	17.88	2.08	$65,751
Mar 1997	327	33,116	18.95	1.94	$70,413
Feb 1997	353	33,843	20.49	2.21	$81,887
Jan 1997	440	41,301	23.48	3.54	$156,524
Dec 1996	286	34,972	23.32	—	$6,670

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.

Feb 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 91.23 =         $0
Gas                   29 Mcf  × $  3.42 =        $99

────────────────────────────────────────────────────
Month total                                      $99

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/161155 is the state's own key, not one this site invented.