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OLIVARES, A.

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 271689District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Sep 2013 – May 2026
Value, last 12 filed months
$553 k
at the published price for each month
Months reported
153
no gaps in the span
Streams
2
condensate, gas

The LYDA (VICKSBURG LOWER) field

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 Gas112014-05-14212336
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
CondensateDisposition13,177 bbl$796,852
GasProduction3,344,200 Mcf$11,278,539
Total$12,075,391

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 26.6484, -98.4897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64835, -98.48970 · 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
9,137 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 9,137 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-42734656259,137 ftJun 2018——

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 (153)

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

153 months

May 202617210,207106.413.05$49,391
Apr 2026309,45998.932.87$30,113
Mar 2026010,35889.753.15$32,622
Feb 2026011,35963.503.75$42,600
Jan 2026013,33559.138.00$106,652
Dec 2025012,10456.664.41$53,419
Nov 202517410,55858.593.93$51,650
Oct 20256312,08959.383.30$43,693
Sep 202509,91762.743.08$30,514
Aug 2025012,05763.933.01$36,349
Jul 2025012,87066.743.32$42,667
Jun 2025010,79866.483.13$33,784
May 2025011,11160.553.23$35,914
Apr 202518113,91762.363.54$60,597
Mar 2025014,84267.704.27$63,350
Feb 2025012,53870.884.34$54,425
Jan 2025014,61074.324.28$62,512
Dec 20245314,79968.993.12$49,850
Nov 2024014,97769.052.20$32,926
Oct 202416915,76771.372.28$48,032
Sep 2024013,74369.612.36$32,493
Aug 2024014,35375.632.06$29,619
Jul 2024012,83579.932.15$27,551
Jun 202409,77978.082.63$25,758
May 202423611,79978.812.20$44,539
Apr 2024015,39284.451.66$25,538
Mar 2024016,33280.301.55$25,235
Feb 2024014,99076.091.78$26,737
Jan 202418517,01473.023.30$69,615
Dec 2023015,61771.262.61$40,772
Nov 2023017,15377.892.81$48,158
Oct 2023019,43585.443.09$60,001
Sep 202318117,68689.042.74$64,488
Aug 2023020,47580.522.67$54,727
Jul 2023020,21274.852.64$53,396
Jun 202318519,99068.962.26$57,905
May 2023019,99570.622.23$44,537
Apr 2023019,03278.122.24$42,589
Mar 2023017,14372.852.39$41,026
Feb 202318719,05375.112.47$61,024
Jan 2023020,06576.533.39$67,975
Dec 2022020,39776.415.73$116,856
Nov 202218520,97485.005.65$134,148
Oct 2022022,93587.185.86$134,485
Sep 2022021,69984.888.16$177,144
Aug 2022022,61294.529.13$206,383
Jul 202218323,447101.587.54$195,428
Jun 2022018,175115.097.98$144,986
May 2022020,668109.378.43$174,294
Apr 202217420,663104.226.84$159,420
Mar 2022021,759108.885.08$110,457
Feb 202218819,89791.054.86$113,794
Jan 2022021,85781.844.54$99,180
Dec 202118422,37071.323.90$100,346
Nov 2021020,27677.435.24$106,182
Oct 2021022,46579.795.71$128,362
Sep 2021022,25369.865.35$119,074
Aug 202118523,87866.024.22$112,993
Jul 2021024,15770.783.98$96,195
Jun 202118420,61669.493.38$82,481
May 2021024,27663.483.02$73,257
Apr 2021022,53660.362.76$62,164
Mar 202118625,32961.302.72$80,219
Feb 2021022,96557.805.55$127,409
Jan 202118313,76650.412.81$47,911
Dec 2020013,96844.642.68$37,371
Nov 202017914,01038.772.71$44,859
Oct 2020014,99336.972.48$37,159
Sep 2020014,79137.091.99$29,449
Aug 202018515,33839.982.39$43,979
Jul 2020016,12338.371.83$29,426
Jun 202018519,02434.901.69$38,613
May 2020023,06416.921.81$41,855
Apr 202019222,64914.751.80$43,699
Mar 2020022,94530.341.86$42,591
Feb 202019222,57949.881.98$54,299
Jan 202018926,21157.252.09$65,725
Dec 2019029,98259.012.30$69,089
Nov 201917931,54655.302.75$96,672
Oct 201917934,10053.472.42$92,043
Sep 201918333,33755.052.66$98,660
Aug 2019035,59553.112.30$82,024
Jul 201918736,57356.272.46$100,494
Jun 201918736,26752.782.49$100,218
May 201918838,77058.482.74$117,236
Apr 201919339,05662.632.75$119,519
Mar 201919341,36656.803.06$137,629
Feb 201919338,27350.852.79$116,681
Jan 2019042,78146.033.23$138,105
Dec 201837843,84046.594.19$201,101
Nov 201818244,33552.934.24$197,491
Oct 201817948,03661.443.40$174,228
Sep 201818949,04759.543.11$163,691
Aug 201819252,56859.403.07$172,608
Jul 201818952,80565.142.93$167,129
Jun 201818733,47060.183.08$114,238
May 201819355,94565.382.90$174,904
Apr 201818962,70663.842.90$193,963
Mar 201837663,62461.222.79$200,329
Feb 201819157,40861.782.77$170,597
Jan 201838364,30362.874.01$281,891
Dec 201738365,56457.272.92$213,481
Nov 201718056,74855.423.12$186,936
Oct 201737962,32049.292.98$204,624
Sep 201716663,20547.523.09$203,020
Aug 201737250,83545.373.00$169,606
Jul 201737863,34743.873.09$212,153
Jun 201719161,67442.493.09$198,521
May 201737162,76745.373.26$221,666
Apr 201737961,87047.933.21$216,867
Mar 2017010,56746.772.98$31,529
Feb 201705,20150.452.95$15,356
Jan 201705,81849.413.42$19,891
Dec 201606,34848.763.72$23,633
Nov 201606,04442.492.64$15,982
Oct 201605,45946.193.09$16,870
Sep 201606,51441.553.10$20,198
Aug 201607,66241.442.92$22,406
Jul 201607,63841.622.92$22,336
Jun 20161787,22045.352.69$27,464
May 201608,05342.521.99$16,034
Apr 201607,78036.561.99$15,490
Mar 201608,97533.011.79$16,101
Feb 201608,19726.472.06$16,916
Jan 201608,29027.352.36$19,601
Dec 20151698,33832.362.00$22,157
Nov 201508,23438.792.17$17,846
Oct 201508,85243.552.43$21,480
Sep 201508,13642.992.76$22,443
Aug 201508,63140.162.87$24,792
Jul 201506,45248.152.95$19,002
Jun 201506,72956.152.88$19,399
May 201506,15155.212.96$18,179
Apr 201507,35749.822.71$19,912
Mar 201508,31842.892.93$24,411
Feb 201507,93244.662.98$23,607
Jan 20151988,72943.433.10$35,665
Dec 2014010,41154.693.59$37,390
Nov 201409,36470.464.25$39,814
Oct 201409,82078.303.90$38,307
Sep 201407,96486.164.05$32,218
Aug 201408,24689.394.04$33,274
Jul 201409,46696.564.18$39,564
Jun 2014010,76898.164.74$51,007
May 201417211,78994.734.73$72,015
Apr 2014016,00895.944.81$76,984
Mar 201417529,21095.895.06$164,490
Feb 2014013,65297.406.19$84,533
Jan 20141944,66990.404.86$40,232
Dec 20131929,23091.824.35$57,821
Nov 2013012,75688.853.74$47,686
Oct 2013017,72997.423.78$67,004
Sep 201300104.113.72$0

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           172 bbl  × $106.41 =    $18,303
Gas               10,207 Mcf  × $  3.05 =    $31,089

────────────────────────────────────────────────────
Month total                                  $49,391

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/271689 is the state's own key, not one this site invented.