K & H FEE "1619"

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 161551District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Sep 1996 – May 2006
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
117
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111997-06-17136378
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
CondensateDisposition6,216 bbl$144,986
GasProduction727,096 Mcf$1,934,686
Total$2,079,672

123,155 Mcf of this lease's gas, across 3 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 27.4914, -99.1366. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.49138, -99.13664 · 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
0.0%
0 of 1 wells
Median depth
9,246 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 9,246 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-4793620929,246 ftMay 2006Yes

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 (117)

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

117 months

May 20069066.016.42$594
Apr 2006555064.397.36$4,370
Mar 20061272756.707.08$5,830
Feb 200661,23157.597.75$9,887
Jan 2006227660.598.93$2,587
Dec 20051256854.9413.42$8,279
Nov 20051291154.6910.59$10,302
Oct 2005876358.3413.80$10,993
Sep 2005361,38061.4512.08$18,881
Aug 2005241,60761.519.80$17,220
Jul 2005261,22455.697.84$11,049
Jun 20053280052.337.38$7,579
May 2005151,46945.226.65$10,449
Apr 200501,28149.207.36$9,429
Mar 20051896950.377.15$7,840
Feb 2005081345.226.31$5,132
Jan 2005068643.166.32$4,337
Dec 2004271,14039.866.75$8,772
Nov 2004291,42445.286.33$10,328
Oct 2004581,48149.706.52$12,531
Sep 200401,16343.245.28$6,145
Aug 2004501,60442.375.55$11,022
Jul 200401,93538.286.08$11,773
Jun 200401,89436.106.43$12,184
May 2004412,23637.486.49$16,059
Apr 2004521,73334.475.86$11,945
Mar 2004422,03334.365.53$12,686
Feb 2004431,54232.455.51$9,891
Jan 2004361,65732.036.30$11,592
Dec 2003381,43530.266.30$10,193
Nov 2003601,64428.804.60$9,282
Oct 200301,40528.174.76$6,687
Sep 2003271,48626.314.75$7,768
Aug 2003281,43529.765.13$8,194
Jul 2003271,92129.415.17$10,727
Jun 2003231,91028.565.98$12,084
May 2003261,80026.595.97$11,442
Apr 2003291,77626.675.41$10,377
Mar 2003252,64031.146.10$16,872
Feb 2003242,12233.487.93$17,622
Jan 2003202,54330.315.58$14,801
Dec 2002262,21426.914.85$11,446
Nov 2002372,23324.664.14$10,150
Oct 2002362,47726.464.23$11,428
Sep 2002292,50627.443.64$9,906
Aug 2002262,38725.963.16$8,228
Jul 2002442,95124.583.06$10,117
Jun 2002322,84623.733.34$10,260
May 2002393,04624.663.58$11,879
Apr 2002553,10823.653.51$12,217
Mar 2002563,54922.003.10$12,244
Feb 2002923,78718.222.38$10,673
Jan 2002774,72917.172.38$12,557
Dec 20011094,81616.932.36$13,232
Nov 2001744,43518.072.41$12,006
Oct 20011325,98319.782.53$17,741
Sep 20011386,43624.262.25$17,837
Aug 20011376,90924.873.05$24,501
Jul 20011447,65023.933.20$27,904
Jun 2001274,71724.563.82$18,702
May 2001667,47925.524.31$33,899
Apr 2001484,15124.685.34$23,332
Mar 20019710,46224.545.38$58,629
Feb 2001748,00527.755.77$48,219
Jan 2001573,07927.478.40$27,426
Dec 2000823,12826.889.12$30,739
Nov 2000612,93332.215.66$18,560
Oct 2000643,36731.235.15$19,324
Sep 200003,56131.875.19$18,469
Aug 200013,70429.644.54$16,849
Jul 200003,66728.534.09$14,997
Jun 2000522,62429.304.40$13,062
May 200004,24927.263.68$15,635
Apr 200002,83124.513.12$8,821
Mar 2000204,52928.422.86$13,520
Feb 200004,53827.622.73$12,373
Jan 2000184,24625.272.48$10,987
Dec 199914,70024.282.42$11,416
Nov 1999194,48223.192.43$11,350
Oct 199904,37820.982.80$12,275
Sep 1999143,24621.752.62$8,805
Aug 199903,98419.262.88$11,456
Jul 1999103,22317.892.37$7,825
Jun 1999123,70515.942.36$8,943
May 199903,99215.792.32$9,266
Apr 1999114,29215.102.21$9,643
Mar 1999164,19012.471.84$7,902
Feb 1999285,4089.981.82$10,110
Jan 1999346,04610.381.90$11,840
Dec 1998315,7169.201.77$10,422
Nov 1998355,85910.892.19$13,187
Oct 1998336,38112.421.97$12,975
Sep 1998666,83212.592.08$15,059
Aug 199816,25911.301.91$11,949
Jul 1998306,86911.742.24$15,720
Jun 1998747,42311.242.24$17,439
May 1998369,02512.622.21$20,367
Apr 1998849,64213.042.51$25,252
Mar 199813010,82612.802.31$26,666
Feb 1998808,52013.952.30$20,705
Jan 199812210,19314.702.15$23,757
Dec 199711113,84716.322.41$35,198
Nov 199712711,55218.193.09$37,986
Oct 19978416,56819.253.15$53,803
Sep 199715119,91317.742.95$61,519
Aug 199721417,50617.862.55$48,545
Jul 1997221,41517.582.25$48,153
Jun 199711128,16517.242.26$65,488
May 199710813,52618.972.31$33,274
Apr 199712521,71517.882.08$47,463
Mar 19978326,52518.951.94$53,009
Feb 199724627,43320.492.21$65,555
Jan 199727930,03923.483.54$112,880
Dec 199637253,12723.32$8,675
Nov 199646450,72821.97$10,194
Oct 1996019,30023.31$0
Sep 19960022.22$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.

May 2006 — as filed, then multipliedworked
Condensate             9 bbl  × $ 66.01 =       $594
Gas                    0 Mcf  × $  6.42 =         $0

────────────────────────────────────────────────────
Month total                                     $594

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/161551 is the state's own key, not one this site invented.