KILLAM FREER RANCH 196

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

Gas lease lease 236273District 04Field 965585002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Jan 2008 – Jul 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
103
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2007-09-11
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 2007-09-11.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED.

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 Gas112009-11-24195848
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
CondensateDisposition4,247 bbl$372,436
GasProduction718,838 Mcf$5,913,323
Total$6,285,759

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 27.7246, -98.7309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.72458, -98.73088 · 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
9,680 ft
1 wells filed one
Completion to plug
7.9 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 9,680 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 7.9 years across the 1 well that filed both dates, with the middle half between 7.9 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13138956139,680 ftJan 2008Dec 2015Yes

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 (103)

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

103 months

Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
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 2012138094.672.92$13,064
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 2011055286.504.59$2,533
Dec 2010094185.734.35$4,091
Nov 201001,87180.843.80$7,101
Oct 201003,07178.103.51$10,776
Sep 201002,78672.633.98$11,087
Aug 20101813,27773.684.42$27,818
Jul 201003,41872.554.74$16,189
Jun 201003,94270.364.91$19,357
May 201003,80271.124.24$16,102
Apr 201003,42681.694.12$14,124
Mar 201003,39878.394.39$14,913
Feb 20101803,37373.585.44$31,601
Jan 201002,28174.365.96$13,604
Dec 200907571.445.48$411
Nov 200903,14874.593.75$11,810
Oct 200903,08372.544.11$12,672
Sep 200906,29765.543.06$19,299
Aug 200918010,47667.423.22$45,853
Jul 2009011,56461.133.46$40,063
Jun 2009012,72766.163.90$49,572
May 200917812,56054.743.93$59,051
Apr 2009015,76846.773.59$56,568
Mar 200917617,08742.144.06$76,773
Feb 200917517,79932.814.63$88,205
Jan 200936022,61135.865.37$134,353
Dec 2008025,61237.105.98$153,087
Nov 200818127,21455.496.86$196,742
Oct 200818236,01175.246.92$262,961
Sep 200835237,163101.767.88$328,556
Aug 2008042,766114.228.48$362,785
Jul 200818239,584131.0811.39$474,696
Jun 200836651,952131.3313.03$725,138
May 200835556,151123.1711.57$693,633
Apr 200818160,968110.3110.45$657,378
Mar 200888066,477101.909.66$732,110
Feb 2008062,14292.538.77$545,021
Jan 2008043,46590.388.21$356,662

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.

Sep 2012 — as filed, then multipliedworked
Condensate           138 bbl  × $ 94.67 =    $13,064
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                  $13,064

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/236273 is the state's own key, not one this site invented.