SPEER, GEO. H.

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

Gas lease lease 269988District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Apr 2013 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
158
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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered
1994-06-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-04-24.

The Commission's schedule remark for this field reads: RESERVOIRS OF THE LYDA FIELD INTO THIS FIELD.

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 Gas112013-12-13210142
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
CondensateDisposition10,600 bbl$822,921
GasProduction1,862,457 Mcf$6,492,341
Total$7,315,262

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 26.6545, -98.4951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.65448, -98.49509 · 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
9,500 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 9,500 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-42734644249,500 ftOct 2013

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 (158)

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

158 months

May 202604,510106.413.05$13,737
Apr 2026161,85298.932.87$6,898
Mar 202601,78289.753.15$5,612
Feb 202602,03763.503.75$7,639
Jan 202603,48659.138.00$27,881
Dec 202504,29356.664.41$18,947
Nov 202505,06158.593.93$19,872
Oct 2025161,56959.383.30$6,135
Sep 202501,84762.743.08$5,683
Aug 202502,09663.933.01$6,319
Jul 202503,93966.743.32$13,059
Jun 202504,57966.483.13$14,326
May 202505,14960.553.23$16,643
Apr 202503,27462.363.54$11,600
Mar 202501,36267.704.27$5,813
Feb 2025861,04770.884.34$10,641
Jan 202501,34174.324.28$5,738
Dec 202461,46368.993.12$4,981
Nov 202401,31169.052.20$2,882
Oct 202401,44171.372.28$3,288
Sep 202401,30569.612.36$3,085
Aug 202401,63775.632.06$3,378
Jul 202403,01679.932.15$6,474
Jun 202402,54078.082.63$6,690
May 2024213,04478.812.20$8,347
Apr 202403,36984.451.66$5,590
Mar 202402,87280.301.55$4,438
Feb 20241753,04176.091.78$18,740
Jan 202403,11473.023.30$10,269
Dec 202302,65871.262.61$6,939
Nov 202303,31377.892.81$9,301
Oct 202303,47385.443.09$10,722
Sep 202303,42689.042.74$9,370
Aug 202303,61680.522.67$9,665
Jul 202304,07074.852.64$10,752
Jun 202303,55568.962.26$8,029
May 202304,28670.622.23$9,547
Apr 202304,19278.122.24$9,381
Mar 202303,93072.852.39$9,405
Feb 20231514,46575.112.47$22,351
Jan 202305,40376.533.39$18,304
Dec 202205,01876.415.73$28,749
Nov 202202,13585.005.65$12,055
Oct 202201,66287.185.86$9,746
Sep 202201,58184.888.16$12,907
Aug 202201,55294.529.13$14,165
Jul 202202,035101.587.54$15,348
Jun 202201,996115.097.98$15,922
May 202202,490109.378.43$20,998
Apr 202204,771104.226.84$32,622
Mar 202202,414108.885.08$12,254
Feb 202203,22191.054.86$15,650
Jan 202203,56081.844.54$16,154
Dec 202104,92071.323.90$19,184
Nov 202103,46877.435.24$18,161
Oct 202103,37779.795.71$19,296
Sep 202103,97069.865.35$21,243
Aug 20211763,89666.024.22$28,063
Jul 202104,34170.783.98$17,286
Jun 202103,80569.493.38$12,863
May 202104,62163.483.02$13,945
Apr 202104,55860.362.76$12,573
Mar 202105,02261.302.72$13,644
Feb 202104,41957.805.55$24,516
Jan 202106,05550.412.81$17,016
Dec 202006,22044.642.68$16,641
Nov 202006,46138.772.71$17,487
Oct 202006,79436.972.48$16,838
Sep 202006,24337.091.99$12,430
Aug 202006,64539.982.39$15,849
Jul 202006,79738.371.83$12,405
Jun 202006,47534.901.69$10,945
May 202007,27116.921.81$13,195
Apr 202007,60114.751.80$13,715
Mar 202006,67630.341.86$12,392
Feb 202006,27949.881.98$12,437
Jan 20201766,97957.252.09$24,695
Dec 201907,10459.012.30$16,370
Nov 201907,03655.302.75$19,354
Oct 201907,48853.472.42$18,110
Sep 201906,79555.052.66$18,056
Aug 201907,39953.112.30$17,050
Jul 201907,63356.272.46$18,778
Jun 201907,58952.782.49$18,906
May 20191858,47458.482.74$34,040
Apr 201907,25762.632.75$19,962
Mar 201907,75856.803.06$23,756
Feb 201906,50050.852.79$18,149
Jan 201907,70046.033.23$24,857
Dec 201807,90546.594.19$33,086
Nov 201807,41152.934.24$31,402
Oct 201807,92261.443.40$26,920
Sep 201807,27159.543.11$22,598
Aug 201808,69659.403.07$26,667
Jul 20181909,29065.142.93$39,614
Jun 201808,59860.183.08$26,455
May 201809,09265.382.90$26,374
Apr 20181928,53863.842.90$37,024
Mar 201808,38261.222.79$23,359
Feb 201808,10261.782.77$22,411
Jan 201808,73562.874.01$35,021
Dec 20171899,21157.272.92$37,734
Nov 201708,70655.423.12$27,148
Oct 2017011,00049.292.98$32,820
Sep 2017012,51047.523.09$38,622
Aug 20171827,78745.373.00$31,653
Jul 201707,47743.873.09$23,084
Jun 201708,48642.493.09$26,199
May 2017011,51345.373.26$37,572
Apr 201717911,06247.933.21$44,106
Mar 2017010,34946.772.98$30,878
Feb 201709,79550.452.95$28,921
Jan 201717211,16049.413.42$46,652
Dec 2016011,71048.763.72$43,594
Nov 2016010,57342.492.64$27,959
Oct 201617412,29246.193.09$46,023
Sep 2016013,12641.553.10$40,699
Aug 2016014,74341.442.92$43,114
Jul 2016014,92941.622.92$43,657
Jun 201619214,31845.352.69$47,163
May 2016016,34742.521.99$32,548
Apr 201615516,34236.561.99$38,204
Mar 2016019,02933.011.79$34,138
Feb 201617718,09326.472.06$42,022
Jan 201617918,66927.352.36$49,036
Dec 2015020,06832.362.00$40,164
Nov 2015020,62238.792.17$44,695
Oct 201519224,41743.552.43$67,611
Sep 2015025,16542.992.76$69,416
Aug 201519225,33440.162.87$80,482
Jul 2015026,33848.152.95$77,568
Jun 201518726,02656.152.88$85,529
May 2015028,65555.212.96$84,688
Apr 201518914,84549.822.71$49,595
Mar 2015014,68542.892.93$43,096
Feb 201519614,65444.662.98$52,366
Jan 201519017,18543.433.10$61,536
Dec 201419619,17654.693.59$79,587
Nov 2014017,87070.464.25$75,980
Oct 201418219,96478.303.90$92,129
Sep 201417818,10486.164.05$88,575
Aug 201417120,64689.394.04$98,595
Jul 201417223,28596.564.18$113,930
Jun 201434025,35898.164.74$153,492
May 201417726,96194.734.73$144,200
Apr 201417429,14195.944.81$156,836
Mar 201435835,15295.895.06$212,085
Feb 201417635,22697.406.19$235,262
Jan 201419122,93890.404.86$128,762
Dec 201337340,37591.824.35$210,061
Nov 201336442,30388.853.74$190,482
Oct 201334445,16697.423.78$204,211
Sep 201317946,621104.113.72$191,960
Aug 201350958,132104.253.52$257,840
Jul 201357777,664102.523.72$347,889
Jun 20131,230114,03294.403.93$564,647
May 2013574108,54794.834.15$504,803
Apr 2013080893.964.28$3,460

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                4,510 Mcf  × $  3.05 =    $13,737

────────────────────────────────────────────────────
Month total                                  $13,737

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/269988 is the state's own key, not one this site invented.