KILLAM & HURD FEE "1689"

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 166263District 04Field 047892372 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Oct 1997 – Jan 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
196
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 Gas111998-02-24137865
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
CondensateDisposition21,907 bbl$385,865
GasProduction1,767,184 Mcf$6,065,608
Total$6,451,472

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 27.5107, -99.1483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.51074, -99.14830 · 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
8,650 ft
1 wells filed one
Completion to plug
3.6 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 8,650 ft.

Completions filed
Jun 2010
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793673318,650 ftJun 2010Jan 2014Yes

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 (196)

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

196 months

Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 200942032.814.63$1,378
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20080838131.0811.39$9,544
Jun 200802,874131.3313.03$37,456
May 200803,587123.1711.57$41,517
Apr 2008423,696110.3110.45$43,274
Mar 200802,501101.909.66$24,170
Feb 2008282,95492.538.77$28,499
Jan 200802,00490.388.21$16,444
Dec 200701,79688.337.30$13,114
Nov 2007422,58691.677.29$22,706
Oct 200702,66782.856.92$18,461
Sep 2007462,65775.846.24$20,079
Aug 200702,84269.066.39$18,155
Jul 200704,54570.906.39$29,033
Jun 200703,83562.007.55$28,948
May 200703,20158.747.85$25,116
Apr 200702,40459.617.81$18,764
Mar 200705,31056.927.30$38,773
Feb 2007393,63855.108.22$32,039
Jan 200704,52850.306.73$30,459
Dec 200603,44756.656.92$23,848
Nov 200602,82854.207.62$21,542
Oct 2006363,80554.906.01$24,859
Sep 200603,73160.085.04$18,794
Aug 200603,72268.717.34$27,319
Jul 200602,32569.376.34$14,747
Jun 200602,39666.286.38$15,296
May 200603,30366.016.42$21,222
Apr 200603,57764.397.36$26,328
Mar 200603,94956.707.08$27,970
Feb 2006514,42257.597.75$37,213
Jan 200604,83760.598.93$43,210
Dec 200505,05354.9413.42$67,788
Nov 200503,78654.6910.59$40,088
Oct 2005474,68258.3413.80$67,334
Sep 200504,55561.4512.08$55,020
Aug 200504,83161.519.80$47,329
Jul 2005434,67655.697.84$39,072
Jun 200504,62752.337.38$34,152
May 200504,90745.226.65$32,637
Apr 2005424,46849.207.36$34,953
Mar 200504,97250.377.15$35,574
Feb 2005414,52045.226.31$30,384
Jan 200504,71643.166.32$29,816
Dec 2004464,67539.866.75$33,395
Nov 200405,00545.286.33$31,684
Oct 2004504,94549.706.52$34,702
Sep 2004475,12243.245.28$29,096
Aug 200405,30042.375.55$29,419
Jul 200405,10838.286.08$31,078
Jun 2004395,02336.106.43$33,721
May 200405,62337.486.49$36,519
Apr 2004305,65134.475.86$34,140
Mar 200405,39434.365.53$29,830
Feb 2004244,80532.455.51$27,253
Jan 2004245,07932.036.30$32,765
Dec 200305,29430.266.30$33,361
Nov 2003245,46328.804.60$25,795
Oct 2003385,52828.174.76$27,382
Sep 200305,75926.314.75$27,352
Aug 2003405,96129.765.13$31,769
Jul 2003495,87529.415.17$31,820
Jun 200305,79028.565.98$34,641
May 2003434,65026.595.97$28,916
Apr 200305,39226.675.41$29,156
Mar 2003387,14331.146.10$44,727
Feb 2003325,93633.487.93$48,119
Jan 2003345,67930.315.58$32,731
Dec 200206,12126.914.85$29,710
Nov 2002295,78124.664.14$24,631
Oct 2002305,23126.464.23$22,916
Sep 2002265,12127.443.64$19,329
Aug 200205,69725.963.16$18,026
Jul 2002364,51624.583.06$14,712
Jun 2002316,74823.733.34$23,262
May 2002327,39424.663.58$27,289
Apr 2002377,68323.653.51$27,860
Mar 2002298,27222.003.10$26,304
Feb 2002388,15018.222.38$20,054
Jan 2002659,23917.172.38$23,065
Dec 2001318,47416.932.36$20,561
Nov 2001567,03418.072.41$17,932
Oct 2001619,71519.782.53$25,775
Sep 2001529,26824.262.25$22,127
Aug 20011029,16024.873.05$30,504
Jul 2001499,81023.933.20$32,536
Jun 2001508,15224.563.82$32,403
May 20015210,86125.524.31$48,109
Apr 20014710,60324.685.34$57,730
Mar 20019611,06224.545.38$61,830
Feb 20014310,10227.755.77$59,452
Jan 200110110,56327.478.40$91,491
Dec 20005211,23326.889.12$103,871
Nov 20001329,88532.215.66$60,181
Oct 20007910,57331.235.15$56,871
Sep 20008111,77531.875.19$63,653
Aug 20008313,11329.644.54$62,003
Jul 200015913,20528.534.09$58,541
Jun 20007913,45629.304.40$61,484
May 200015412,70027.263.68$50,931
Apr 200018114,73824.513.12$50,360
Mar 200020716,14828.422.86$52,062
Feb 200020014,83727.622.73$45,977
Jan 200030215,46025.272.48$45,980
Dec 199920018,20524.282.42$48,980
Nov 199930817,92223.192.43$50,764
Oct 199920417,98620.982.80$54,707
Sep 199930619,76521.752.62$58,417
Aug 199920722,27519.262.88$68,041
Jul 199930220,96517.892.37$55,140
Jun 199932719,94915.942.36$52,334
May 199936726,42915.792.32$67,137
Apr 199950726,81615.102.21$66,867
Mar 199940230,54712.471.84$61,168
Feb 199943630,3959.981.82$59,603
Jan 199960539,73610.381.90$81,776
Dec 199842633,6839.201.77$63,650
Nov 199833622,79010.892.19$53,472
Oct 199849534,05412.421.97$73,207
Sep 199864149,24212.592.08$110,623
Aug 199860046,08011.301.91$94,671
Jul 199865254,13711.742.24$128,774
Jun 199882060,01711.242.24$143,491
May 199877353,87612.622.21$128,624
Apr 19981,05057,48413.042.51$157,708
Mar 19981,23467,38412.802.31$171,415
Feb 19981,28069,55813.952.30$177,779
Jan 19981,65188,61914.702.15$215,225
Dec 19971,96393,82216.322.41$258,250
Nov 19971,77593,28618.193.09$320,379
Oct 199718113,48419.253.15$45,956

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 2009 — as filed, then multipliedworked
Condensate            42 bbl  × $ 32.81 =     $1,378
Gas                    0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                   $1,378

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/166263 is the state's own key, not one this site invented.