KING B

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173320District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
May 1999 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
325
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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 Gas111999-08-23140789
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
CondensateDisposition791 bbl$28,274
GasProduction1,533,669 Mcf$6,235,664
Total$6,263,938

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 27.0619, -99.4374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.06191, -99.43744 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,020 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
00.0%
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.
1100.0%

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 9,020 ft.

Completions filed
May 1999
1 of 1 wells

1 well

42-5053390649,020 ftMay 1999

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 (325)

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

325 months

May 20260763106.413.05$2,324
Apr 2026074398.932.87$2,132
Mar 2026094389.753.15$2,970
Feb 2026063263.503.75$2,370
Jan 2026085959.138.00$6,870
Dec 202501,10356.664.41$4,868
Nov 2025059258.593.93$2,324
Oct 2025056859.383.30$1,877
Sep 2025054262.743.08$1,668
Aug 2025076463.933.01$2,303
Jul 202501,13766.743.32$3,769
Jun 202501,27966.483.13$4,002
May 202501,49560.553.23$4,832
Apr 202501,64762.363.54$5,836
Mar 2025049267.704.27$2,100
Feb 2025045070.884.34$1,953
Jan 2025061974.324.28$2,649
Dec 2024071368.993.12$2,226
Nov 2024061669.052.20$1,354
Oct 2024066671.372.28$1,519
Sep 2024069569.612.36$1,643
Aug 2024064675.632.06$1,333
Jul 2024056779.932.15$1,217
Jun 2024094178.082.63$2,479
May 2024089378.812.20$1,963
Apr 2024088784.451.66$1,472
Mar 202401,12180.301.55$1,732
Feb 202401,16476.091.78$2,076
Jan 2024098773.023.30$3,255
Dec 2023098771.262.61$2,577
Nov 202301,15577.892.81$3,243
Oct 2023097885.443.09$3,019
Sep 202301,09189.042.74$2,984
Aug 202301,12180.522.67$2,996
Jul 202301,33574.852.64$3,527
Jun 202301,17568.962.26$2,654
May 2023065970.622.23$1,468
Apr 202301,30678.122.24$2,923
Mar 202301,11672.852.39$2,671
Feb 2023067675.112.47$1,667
Jan 202301,38476.533.39$4,689
Dec 2022083476.415.73$4,778
Nov 202201,31285.005.65$7,408
Oct 202201,50087.185.86$8,796
Sep 202201,11984.888.16$9,135
Aug 202201,28194.529.13$11,692
Jul 202201,376101.587.54$10,378
Jun 202201,292115.097.98$10,307
May 202201,431109.378.43$12,068
Apr 202201,336104.226.84$9,135
Mar 202201,495108.885.08$7,589
Feb 202201,27191.054.86$6,176
Jan 202201,51381.844.54$6,866
Dec 202101,62771.323.90$6,344
Nov 202101,02377.435.24$5,357
Oct 202101,56079.795.71$8,914
Sep 202102,03469.865.35$10,884
Aug 202102,57466.024.22$10,864
Jul 202101,13670.783.98$4,524
Jun 2021085069.493.38$2,874
May 2021095963.483.02$2,894
Apr 2021091860.362.76$2,532
Mar 2021094761.302.72$2,573
Feb 2021086457.805.55$4,793
Jan 202101,06250.412.81$2,985
Dec 202001,20444.642.68$3,221
Nov 202001,01438.772.71$2,744
Oct 2020077936.972.48$1,931
Sep 2020075537.091.99$1,503
Aug 2020071039.982.39$1,693
Jul 2020073438.371.83$1,340
Jun 2020075034.901.69$1,268
May 2020081416.921.81$1,477
Apr 2020076814.751.80$1,386
Mar 2020084430.341.86$1,567
Feb 2020090949.881.98$1,800
Jan 2020088357.252.09$1,850
Dec 2019084259.012.30$1,940
Nov 2019096655.302.75$2,657
Oct 2019080953.472.42$1,957
Sep 201901,42455.052.66$3,784
Aug 201901,93253.112.30$4,452
Jul 201901,14356.272.46$2,812
Jun 201901,53152.782.49$3,814
May 201901,23558.482.74$3,384
Apr 201901,58962.632.75$4,371
Mar 201902,06256.803.06$6,314
Feb 201901,87650.852.79$5,238
Jan 201901,99546.033.23$6,440
Dec 201801,77846.594.19$7,442
Nov 201802,18552.934.24$9,258
Oct 201801,74661.443.40$5,933
Sep 201802,38359.543.11$7,406
Aug 201801,93359.403.07$5,928
Jul 201802,11565.142.93$6,201
Jun 201802,13860.183.08$6,578
May 201802,05465.382.90$5,958
Apr 201802,14563.842.90$6,222
Mar 201802,30661.222.79$6,426
Feb 201802,10361.782.77$5,817
Jan 201802,21862.874.01$8,893
Dec 201702,39957.272.92$7,009
Nov 201702,29755.423.12$7,163
Oct 201702,98349.292.98$8,900
Sep 201702,64847.523.09$8,175
Aug 201702,71345.373.00$8,151
Jul 201702,79643.873.09$8,632
Jun 201703,47142.493.09$10,716
May 201702,79145.373.26$9,108
Apr 201702,65647.933.21$8,530
Mar 201702,74746.772.98$8,196
Feb 201702,46350.452.95$7,272
Jan 201702,95549.413.42$10,103
Dec 201603,07748.763.72$11,455
Nov 201603,02442.492.64$7,997
Oct 201602,12346.193.09$6,561
Sep 201603,12441.553.10$9,686
Aug 201604,05041.442.92$11,844
Jul 201604,34841.622.92$12,715
Jun 201603,39845.352.69$9,126
May 201602,85142.521.99$5,676
Apr 201605,10936.561.99$10,172
Mar 201604,60433.011.79$8,260
Feb 201603,20526.472.06$6,614
Jan 201604,61827.352.36$10,919
Dec 201502,05432.362.00$4,111
Nov 2015060338.792.17$1,307
Oct 2015078143.552.43$1,895
Sep 2015081742.992.76$2,254
Aug 2015075140.162.87$2,157
Jul 2015094248.152.95$2,774
Jun 2015067856.152.88$1,955
May 2015065355.212.96$1,930
Apr 201501,61449.822.71$4,368
Mar 201502,86642.892.93$8,411
Feb 2015072044.662.98$2,143
Jan 2015057143.433.10$1,770
Dec 2014063854.693.59$2,291
Nov 2014063070.464.25$2,679
Oct 2014063278.303.90$2,465
Sep 2014058186.164.05$2,350
Aug 2014074489.394.04$3,002
Jul 2014065296.564.18$2,725
Jun 2014076898.164.74$3,638
May 2014065294.734.73$3,082
Apr 2014061195.944.81$2,938
Mar 2014066695.895.06$3,368
Feb 2014060797.406.19$3,759
Jan 2014060990.404.86$2,960
Dec 2013060491.824.35$2,630
Nov 2013062588.853.74$2,336
Oct 2013083997.423.78$3,171
Sep 20130673104.113.72$2,502
Aug 20130749104.253.52$2,638
Jul 20130845102.523.72$3,141
Jun 2013079494.403.93$3,123
May 2013086694.834.15$3,593
Apr 201301,66093.964.28$7,109
Mar 2013093693.623.91$3,662
Feb 201301,50591.233.42$5,147
Jan 201301,86091.603.42$6,361
Dec 201201,25786.773.42$4,299
Nov 2012097986.953.62$3,549
Oct 201201,12289.383.40$3,814
Sep 2012092894.672.92$2,708
Aug 201201,41392.662.91$4,109
Jul 201201,29985.133.02$3,924
Jun 201203,03579.822.52$7,645
May 201203,58591.612.49$8,921
Apr 201204,441101.652.00$8,868
Mar 201202,377105.052.22$5,282
Feb 201203,280101.102.57$8,430
Jan 201205,08598.092.73$13,903
Dec 201104,20596.873.24$13,623
Nov 201103,51495.723.31$11,636
Oct 201105,44184.983.65$19,852
Sep 201105,39583.623.99$21,503
Aug 201101,64083.404.15$6,805
Jul 201101,00194.144.52$4,522
Jun 2011073892.904.64$3,424
May 20114187398.134.40$7,869
Apr 20110902105.964.33$3,909
Mar 2011078396.364.06$3,177
Feb 2011077485.644.18$3,235
Jan 2011075386.504.59$3,455
Dec 2010080885.734.35$3,513
Nov 2010086280.843.80$3,272
Oct 2010091778.103.51$3,218
Sep 2010067272.633.98$2,674
Aug 2010084973.684.42$3,752
Jul 2010076972.554.74$3,642
Jun 2010089970.364.91$4,414
May 2010067371.124.24$2,850
Apr 2010088581.694.12$3,649
Mar 201001,49578.394.39$6,561
Feb 2010091573.585.44$4,980
Jan 201002,03474.365.96$12,131
Dec 200901,24671.445.48$6,833
Nov 200901,75174.593.75$6,569
Oct 200902,64472.544.11$10,868
Sep 200901,97665.543.06$6,056
Aug 200902,61967.423.22$8,429
Jul 200902,62161.133.46$9,080
Jun 200903,31566.163.90$12,912
May 200903,49754.743.93$13,728
Apr 200902,68946.773.59$9,647
Mar 200902,87642.144.06$11,674
Feb 200901,86332.814.63$8,631
Jan 200902,77635.865.37$14,910
Dec 200802,67337.105.98$15,977
Nov 200803,18855.496.86$21,871
Oct 200801,39275.246.92$9,635
Sep 200801,686101.767.88$13,281
Aug 200802,056114.228.48$17,441
Jul 200803,101131.0811.39$35,319
Jun 200804,260131.3313.03$55,519
May 200803,419123.1711.57$39,573
Apr 200801,635110.3110.45$17,094
Mar 200801,437101.909.66$13,887
Feb 2008031592.538.77$2,763
Jan 200801,64890.388.21$13,523
Dec 2007493,87688.337.30$32,631
Nov 200705,20991.677.29$37,982
Oct 200703,89082.856.92$26,927
Sep 200703,77475.846.24$23,565
Aug 200703,42969.066.39$21,904
Jul 200701,93570.906.39$12,361
Jun 200702,01862.007.55$15,233
May 200702,88158.747.85$22,605
Apr 200703,83859.617.81$29,956
Mar 200704,76156.927.30$34,765
Feb 200704,17255.108.22$34,277
Jan 200701,81050.306.73$12,176
Dec 200601,91756.656.92$13,263
Nov 200603,26254.207.62$24,848
Oct 200602,13654.906.01$12,845
Sep 200604,69660.085.04$23,655
Aug 200602,40868.717.34$17,675
Jul 200602,74369.376.34$17,398
Jun 200605,54766.286.38$35,411
May 200604,13866.016.42$26,587
Apr 200604,80364.397.36$35,352
Mar 200604,58856.707.08$32,496
Feb 200605,95357.597.75$46,142
Jan 200605,10660.598.93$45,614
Dec 200504,58654.9413.42$61,523
Nov 2005425,35354.6910.59$58,977
Oct 200506,03658.3413.80$83,271
Sep 200507,91861.4512.08$95,642
Aug 2005010,73461.519.80$105,159
Jul 200507,09655.697.84$55,658
Jun 2005084052.337.38$6,200
May 200502,04145.226.65$13,575
Apr 200501,79049.207.36$13,175
Mar 2005097150.377.15$6,947
Feb 200503,11945.226.31$19,687
Jan 200502,10343.166.32$13,296
Dec 200403,61939.866.75$24,432
Nov 200402,63045.286.33$16,649
Oct 2004442,07549.706.52$15,706
Sep 200402,96643.245.28$15,672
Aug 200405,41042.375.55$30,029
Jul 200405,43738.286.08$33,080
Jun 200404,60836.106.43$29,643
May 200402,99037.486.49$19,419
Apr 200404,31234.475.86$25,262
Mar 200403,41834.365.53$18,902
Feb 200406,75832.455.51$37,234
Jan 200403,39432.036.30$21,381
Dec 200305,93130.266.30$37,375
Nov 200301,46028.804.60$6,709
Oct 200306,42128.174.76$30,562
Sep 200303,16626.314.75$15,036
Aug 200305,68929.765.13$29,183
Jul 200304,17629.415.17$21,593
Jun 200304,80428.565.98$28,742
May 200306,51226.595.97$38,894
Apr 200304,14526.675.41$22,413
Mar 200306,66231.146.10$40,612
Feb 200306,44533.487.93$51,082
Jan 200305,27830.315.58$29,462
Dec 200206,33526.914.85$30,749
Nov 200205,80624.664.14$24,019
Oct 200207,25026.464.23$30,661
Sep 200206,57027.443.64$23,883
Aug 200208,45225.963.16$26,743
Jul 200209,48924.583.06$29,053
Jun 200205,47823.733.34$18,287
May 200204,27724.663.58$15,329
Apr 2002286,55723.653.51$23,692
Mar 200208,23622.003.10$25,554
Feb 2002437,82218.222.38$19,366
Jan 200208,93017.172.38$21,215
Dec 200107,33716.932.36$17,348
Nov 200107,80418.072.41$18,773
Oct 2001010,39919.782.53$26,298
Sep 200109,23024.262.25$20,780
Aug 200109,34924.873.05$28,544
Jul 200109,96623.933.20$31,862
Jun 200117711,39724.563.82$47,931
May 2001012,33425.524.31$53,126
Apr 2001012,67524.685.34$67,625
Mar 2001012,19524.545.38$65,566
Feb 2001013,23627.755.77$76,333
Jan 2001014,55027.478.40$122,202
Dec 2000015,31926.889.12$139,748
Nov 2000016,49332.215.66$93,317
Oct 2000018,31931.235.15$94,260
Sep 2000017,78631.875.19$92,247
Aug 2000020,17429.644.54$91,605
Jul 2000021,92128.534.09$89,651
Jun 2000022,93829.304.40$100,864
May 200018725,19027.263.68$97,791
Apr 2000027,56524.513.12$85,893
Mar 2000032,57228.422.86$93,148
Feb 2000038,19327.622.73$104,133
Jan 200018030,89525.272.48$81,184
Dec 1999033,41124.282.42$80,979
Nov 1999024,92723.192.43$60,672
Oct 1999030,65520.982.80$85,948
Sep 1999039,13821.752.62$102,497
Aug 1999049,64619.262.88$142,762
Jul 1999064,66417.892.37$153,407
Jun 1999087,92815.942.36$207,695
May 1999096,45815.792.32$223,881

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  763 Mcf  × $  3.05 =     $2,324

────────────────────────────────────────────────────
Month total                                   $2,324

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/173320 is the state's own key, not one this site invented.