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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 285918District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$496 k
Nov 2018 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
91
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 Gas112019-08-15224031
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
CondensateDisposition987 bbl$64,124
GasProduction130,216 Mcf$432,261
Total$496,385

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 26.6586, -98.4929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.65861, -98.49288 · 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
Mar 2019
1 of 1 wells

1 well

42-42734773329,500 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 (91)

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

91 months

May 20260673106.413.05$2,050
Apr 202612180998.932.87$14,292
Mar 2026069589.753.15$2,189
Feb 2026055963.503.75$2,096
Jan 2026056859.138.00$4,543
Dec 2025047956.664.41$2,114
Nov 2025044758.593.93$1,755
Oct 2025010359.383.30$340
Sep 2025076862.743.08$2,363
Aug 202506863.933.01$205
Jul 2025039666.743.32$1,313
Jun 2025069766.483.13$2,181
May 2025061060.553.23$1,972
Apr 2025083862.363.54$2,969
Mar 2025052967.704.27$2,258
Feb 2025066170.884.34$2,869
Jan 2025070374.324.28$3,008
Dec 2024342068.993.12$1,518
Nov 2024073869.052.20$1,622
Oct 2024072271.372.28$1,647
Sep 2024078169.612.36$1,847
Aug 2024080375.632.06$1,657
Jul 2024086379.932.15$1,853
Jun 2024077878.082.63$2,049
May 2024772878.812.20$2,152
Apr 2024084284.451.66$1,397
Mar 2024072280.301.55$1,116
Feb 2024078376.091.78$1,397
Jan 2024082373.023.30$2,714
Dec 2023074271.262.61$1,937
Nov 2023076277.892.81$2,139
Oct 2023086285.443.09$2,661
Sep 202312893789.042.74$13,960
Aug 2023090380.522.67$2,414
Jul 2023097074.852.64$2,563
Jun 2023090268.962.26$2,037
May 2023089370.622.23$1,989
Apr 2023067578.122.24$1,510
Mar 2023086872.852.39$2,077
Feb 2023088975.112.47$2,192
Jan 202301,09876.533.39$3,720
Dec 202201,04676.415.73$5,993
Nov 202201,00785.005.65$5,686
Oct 202201,00287.185.86$5,875
Sep 202201,03484.888.16$8,441
Aug 202201,03494.529.13$9,437
Jul 202201,069101.587.54$8,062
Jun 20220981115.097.98$7,826
May 202201,080109.378.43$9,108
Apr 202201,118104.226.84$7,644
Mar 202201,120108.885.08$5,686
Feb 20221821,00491.054.86$21,449
Jan 202201,12481.844.54$5,100
Dec 202101,15771.323.90$4,511
Nov 202101,07977.435.24$5,651
Oct 2021079879.795.71$4,560
Sep 2021047669.865.35$2,547
Aug 2021078866.024.22$3,326
Jul 2021082570.783.98$3,285
Jun 2021066169.493.38$2,235
May 2021068163.483.02$2,055
Apr 2021066760.362.76$1,840
Mar 2021089561.302.72$2,432
Feb 2021050957.805.55$2,824
Jan 2021072150.412.81$2,026
Dec 202001,04444.642.68$2,793
Nov 2020095538.772.71$2,585
Oct 2020093036.972.48$2,305
Sep 202001,15437.091.99$2,298
Aug 202001,11639.982.39$2,662
Jul 202001,20538.371.83$2,199
Jun 202001,15234.901.69$1,947
May 202001,21416.921.81$2,203
Apr 20201661,30614.751.80$4,805
Mar 202001,52330.341.86$2,827
Feb 202001,37549.881.98$2,723
Jan 202001,48657.252.09$3,113
Dec 201901,57959.012.30$3,639
Nov 201901,58655.302.75$4,363
Oct 20191821,82453.472.42$14,143
Sep 201901,77155.052.66$4,706
Aug 201901,91453.112.30$4,411
Jul 201902,45456.272.46$6,037
Jun 201903,08552.782.49$7,685
May 201903,75858.482.74$10,298
Apr 201905,79962.632.75$15,951
Mar 20191988,01556.803.06$35,789
Feb 201909,78350.852.79$27,316
Jan 2019014,43746.033.23$46,605
Dec 201808,76846.594.19$36,698
Nov 20180052.934.24$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             0 bbl  × $106.41 =         $0
Gas                  673 Mcf  × $  3.05 =     $2,050

────────────────────────────────────────────────────
Month total                                   $2,050

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/285918 is the state's own key, not one this site invented.