GEO. H. SPEER

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 283840District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Mar 2018 – May 2026
Value, last 12 filed months
$320 k
at the published price for each month
Months reported
99
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 Gas112019-07-23224129
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
CondensateDisposition13,819 bbl$825,547
GasProduction2,173,151 Mcf$6,989,041
Total$7,814,589

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 26.6497, -98.5028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64972, -98.50276 · 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
9,015 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 9,015 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-42734764359,015 ftMar 2019

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 (99)

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

99 months

May 202605,315106.413.05$16,189
Apr 20261346,50798.932.87$31,930
Mar 202606,94689.753.15$21,876
Feb 202605,41963.503.75$20,323
Jan 202605,42359.138.00$43,373
Dec 202507,04956.664.41$31,110
Nov 202505,31758.593.93$20,877
Oct 2025507,48759.383.30$27,712
Sep 20251727,40362.743.08$33,570
Aug 202508,09563.933.01$24,404
Jul 202508,09966.743.32$26,850
Jun 202507,01266.483.13$21,939
May 202506,91760.553.23$22,358
Apr 202505,99662.363.54$21,245
Mar 202505,76067.704.27$24,586
Feb 202507,02170.884.34$30,477
Jan 202508,35374.324.28$35,740
Dec 20242028,19468.993.12$39,512
Nov 202407,53469.052.20$16,563
Oct 202408,12371.372.28$18,532
Sep 202408,18669.612.36$19,355
Aug 202408,77775.632.06$18,112
Jul 202408,63979.932.15$18,544
Jun 20241037,63978.082.63$28,163
May 2024427,64378.812.20$20,113
Apr 202408,61284.451.66$14,289
Mar 202409,53480.301.55$14,731
Feb 20241828,63276.091.78$29,245
Jan 202409,41973.023.30$31,061
Dec 202309,23371.262.61$24,105
Nov 2023010,13277.892.81$28,446
Oct 202309,33485.443.09$28,817
Sep 202308,41289.042.74$23,007
Aug 20231779,93780.522.67$40,812
Jul 2023010,15374.852.64$26,822
Jun 2023010,27068.962.26$23,195
May 2023010,71670.622.23$23,869
Apr 2023010,98478.122.24$24,580
Mar 202309,97972.852.39$23,881
Feb 20231809,94875.112.47$38,048
Jan 2023011,70176.533.39$39,640
Dec 20221809,45576.415.73$67,922
Nov 2022011,18285.005.65$63,136
Oct 2022012,23087.185.86$71,714
Sep 2022011,72984.888.16$95,752
Aug 2022012,32094.529.13$112,447
Jul 202218413,779101.587.54$122,613
Jun 2022012,732115.097.98$101,566
May 2022013,134109.378.43$110,760
Apr 2022013,243104.226.84$90,550
Mar 2022013,832108.885.08$70,217
Feb 202218712,68391.054.86$78,651
Jan 2022014,54381.844.54$65,991
Dec 2021014,85271.323.90$57,910
Nov 202117914,51277.435.24$89,857
Oct 2021014,05079.795.71$80,280
Sep 2021015,54269.865.35$83,164
Aug 2021016,42566.024.22$69,323
Jul 202118017,15770.783.98$81,061
Jun 2021016,87569.493.38$57,048
May 2021018,63363.483.02$56,228
Apr 202117318,72360.362.76$62,088
Mar 2021019,45861.302.72$52,866
Feb 2021018,30657.805.55$101,561
Jan 202118519,77350.412.81$64,893
Dec 2020020,29344.642.68$54,293
Nov 202034020,70638.772.71$69,224
Oct 2020022,39136.972.48$55,495
Sep 2020022,61037.091.99$45,017
Aug 202017124,92539.982.39$66,285
Jul 202018522,66038.371.83$48,456
Jun 202018826,18734.901.69$50,825
May 2020027,46916.921.81$49,849
Apr 2020029,06714.751.80$52,448
Mar 202018732,06530.341.86$65,194
Feb 202015332,77749.881.98$72,552
Jan 202019236,43357.252.09$87,310
Dec 201918338,91459.012.30$100,471
Nov 201936442,35655.302.75$136,638
Oct 201937031,67153.472.42$96,381
Sep 201918128,05555.052.66$84,514
Aug 201918229,61353.112.30$77,905
Jul 201917831,18156.272.46$86,723
Jun 201937232,71452.782.49$101,131
May 201918936,46558.482.74$110,978
Apr 201937340,96262.632.75$136,035
Mar 201937446,25356.803.06$162,875
Feb 201956040,24450.852.79$140,846
Jan 201918951,87346.033.23$176,155
Dec 201855265,27746.594.19$298,931
Nov 201857168,65252.934.24$321,118
Oct 201874074,61161.443.40$299,000
Sep 201857067,76259.543.11$244,542
Aug 201856874,93159.403.07$263,520
Jul 201876678,11065.142.93$278,906
Jun 201873983,95060.183.08$302,780
May 20181,312102,52565.382.90$383,183
Apr 201856082,03863.842.90$273,726
Mar 2018016,39361.222.79$45,685

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                5,315 Mcf  × $  3.05 =    $16,189

────────────────────────────────────────────────────
Month total                                  $16,189

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/283840 is the state's own key, not one this site invented.