KHE "A"

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

Gas lease lease 207403District 04Field 161405002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Jan 2005 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered
1982-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 030183 PER AMENDMENT TO SWR 28 & 29

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 Gas112005-07-21163156
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
CondensateDisposition3,458 bbl$167,748
GasProduction452,040 Mcf$3,288,534
Total$3,456,281

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 27.6049, -99.3863. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.60486, -99.38632 · 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
7,100 ft
1 wells filed one
Completion to plug
8.8 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 7,100 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793895627,100 ftJan 2005Oct 2013Yes

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 (106)

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

106 months

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 2010031981.694.12$1,315
Mar 201001,16578.394.39$5,113
Feb 20102169173.585.44$5,306
Jan 2010076174.365.96$4,539
Dec 2009076071.445.48$4,168
Nov 200901,11374.593.75$4,175
Oct 200901,30972.544.11$5,380
Sep 200901,37465.543.06$4,211
Aug 200901,43967.423.22$4,631
Jul 200901,32361.133.46$4,584
Jun 200901,07466.163.90$4,183
May 200901,28454.743.93$5,041
Apr 200901,06446.773.59$3,817
Mar 2009087542.144.06$3,552
Feb 2009085632.814.63$3,966
Jan 2009081235.865.37$4,361
Dec 200801,10437.105.98$6,599
Nov 200801,10155.496.86$7,553
Oct 200801,26875.246.92$8,777
Sep 20080925101.767.88$7,286
Aug 200801,121114.228.48$9,509
Jul 200801,246131.0811.39$14,191
Jun 200801,468131.3313.03$19,132
May 200801,288123.1711.57$14,908
Apr 200801,536110.3110.45$16,059
Mar 200801,634101.909.66$15,791
Feb 200801,41192.538.77$12,375
Jan 200801,58690.388.21$13,014
Dec 200701,88888.337.30$13,786
Nov 200701,88191.677.29$13,716
Oct 200701,96182.856.92$13,574
Sep 200701,85875.846.24$11,602
Aug 200702,41469.066.39$15,420
Jul 200702,50870.906.39$16,021
Jun 200702,25162.007.55$16,992
May 200702,09358.747.85$16,422
Apr 200702,20159.617.81$17,179
Mar 200702,91156.927.30$21,256
Feb 200702,85255.108.22$23,432
Jan 200704,16750.306.73$28,031
Dec 200604,08556.656.92$28,262
Nov 2006019554.207.62$1,485
Oct 200602,88054.906.01$17,320
Sep 200603,60060.085.04$18,134
Aug 200603,28068.717.34$24,075
Jul 200603,87669.376.34$24,585
Jun 200605,01366.286.38$32,002
May 200603,42866.016.42$22,025
Apr 200603,96964.397.36$29,214
Mar 200604,95556.707.08$35,096
Feb 200606,68757.597.75$51,832
Jan 200620213,60360.598.93$133,759
Dec 2005126,31554.9413.42$353,081
Nov 20050054.6910.59$0
Oct 20051058.3413.80$58
Sep 20057061.4512.08$430
Aug 2005073061.519.80$7,152
Jul 20050055.697.84$0
Jun 20058518952.337.38$5,843
May 200524914,96445.226.65$110,788
Apr 200559755,09149.207.36$434,869
Mar 2005891110,17750.377.15$833,183
Feb 20051,390124,63245.226.31$849,523
Jan 2005143,47943.166.32$22,599

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.

Apr 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.69 =         $0
Gas                  319 Mcf  × $  4.12 =     $1,315

────────────────────────────────────────────────────
Month total                                   $1,315

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/207403 is the state's own key, not one this site invented.