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SPEER, GEO. H. STATE -D-

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 287616District 04Field 558783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jul 2019 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
83
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
NGPA1none——
ST-1112020-06-15225783

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
CondensateDisposition2,058 bbl$128,523
GasProduction272,037 Mcf$880,191
Total$1,008,714

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 26.6442, -98.4903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.64416, -98.49026 · 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
9,441 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 9,441 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-42734782139,441 ftNov 2022——

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 (83)

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

83 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601389.753.15$41
Feb 2026019463.503.75$728
Jan 2026046959.138.00$3,751
Dec 2025045356.664.41$1,999
Nov 2025049858.593.93$1,955
Oct 2025053859.383.30$1,778
Sep 2025040062.743.08$1,231
Aug 2025043063.933.01$1,296
Jul 2025055066.743.32$1,823
Jun 2025064466.483.13$2,015
May 2025044760.553.23$1,445
Apr 2025040462.363.54$1,431
Mar 2025048867.704.27$2,083
Feb 2025060170.884.34$2,609
Jan 2025063574.324.28$2,717
Dec 2024055168.993.12$1,720
Nov 2024045269.052.20$994
Oct 2024038971.372.28$887
Sep 2024042069.612.36$993
Aug 2024056275.632.06$1,160
Jul 2024093279.932.15$2,001
Jun 2024052978.082.63$1,393
May 2024011578.812.20$253
Apr 2024046584.451.66$772
Mar 2024047380.301.55$731
Feb 2024098576.091.78$1,757
Jan 20240073.023.30$0
Dec 2023035771.262.61$932
Nov 2023079777.892.81$2,238
Oct 2023083785.443.09$2,584
Sep 202314093489.042.74$15,020
Aug 2023092680.522.67$2,475
Jul 2023074974.852.64$1,979
Jun 2023063668.962.26$1,436
May 2023066170.622.23$1,472
Apr 2023069978.122.24$1,564
Mar 202301,94272.852.39$4,648
Feb 202304,85575.112.47$11,971
Jan 2023013,71076.533.39$46,446
Dec 202216312,72976.415.73$85,380
Nov 202205,37485.005.65$30,343
Oct 2022020987.185.86$1,226
Sep 202201,54184.888.16$12,580
Aug 202202,01894.529.13$18,419
Jul 202202,519101.587.54$18,999
Jun 20221182,986115.097.98$37,401
May 202202,449109.378.43$20,653
Apr 202202,737104.226.84$18,715
Mar 202202,876108.885.08$14,600
Feb 2022593,01991.054.86$20,041
Jan 202203,14581.844.54$14,271
Dec 202102,65371.323.90$10,344
Nov 2021772,88777.435.24$21,081
Oct 202103,42979.795.71$19,593
Sep 202103,12269.865.35$16,706
Aug 202103,83766.024.22$16,194
Jul 20211053,73570.783.98$22,305
Jun 202103,36569.493.38$11,376
May 202103,13563.483.02$9,460
Apr 202104,05560.362.76$11,185
Mar 20211874,55361.302.72$23,833
Feb 202104,05357.805.55$22,486
Jan 202104,66950.412.81$13,121
Dec 202004,95144.642.68$13,246
Nov 202005,23938.772.71$14,180
Oct 20201846,11936.972.48$21,968
Sep 202006,34737.091.99$12,637
Aug 202007,10839.982.39$16,953
Jul 20201846,80638.371.83$19,482
Jun 202007,14934.901.69$12,084
May 202008,13716.921.81$14,767
Apr 202008,81814.751.80$15,911
Mar 2020010,45030.341.86$19,398
Feb 202017510,70549.881.98$29,932
Jan 2020012,63557.252.09$26,467
Dec 201917410,12859.012.30$33,606
Nov 201934215,91955.302.75$62,701
Oct 201915023,93153.472.42$65,899
Sep 201901,37855.052.66$3,662
Aug 201901,38253.112.30$3,185
Jul 20190056.272.46$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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   13 Mcf  × $  3.15 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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/287616 is the state's own key, not one this site invented.