KING

Operated by LODESTONE OPERATING, INC. (P-5 100710) in the OLETHA (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167116District 05Field 671026202 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.7 M
Dec 1997 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
342
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 88 leases and 88 wells, and the rule below applies to all of them.

Discovered
1992-02-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-03-21.

The Commission's schedule remark for this field reads: DENSITY REMAINS STATEWIDE.

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 Gas111998-07-28139093
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
CondensateDisposition3,435 bbl$109,089
GasProduction2,452,714 Mcf$10,611,442
Total$10,720,531

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 31.4578, -96.3937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45782, -96.39369 · 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
8,200 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 8,200 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-2933123428,200 ftAug 2007

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 (342)

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

342 months

May 2026059106.413.05$180
Apr 202607598.932.87$215
Mar 202605289.753.15$164
Feb 202607663.503.75$285
Jan 202608059.138.00$640
Dec 202508156.664.41$357
Nov 202507858.593.93$306
Oct 2025010059.383.30$330
Sep 202505262.743.08$160
Aug 202506063.933.01$181
Jul 202506266.743.32$206
Jun 202507566.483.13$235
May 202508560.553.23$275
Apr 2025011562.363.54$407
Mar 2025015267.704.27$649
Feb 202505570.884.34$239
Jan 202509574.324.28$406
Dec 202408568.993.12$265
Nov 202408469.052.20$185
Oct 202408471.372.28$192
Sep 202408569.612.36$201
Aug 2024011475.632.06$235
Jul 2024046779.932.15$1,002
Jun 2024043278.082.63$1,138
May 2024047678.812.20$1,046
Apr 2024053884.451.66$893
Mar 2024053780.301.55$830
Feb 2024047876.091.78$853
Jan 2024058573.023.30$1,929
Dec 2023036571.262.61$953
Nov 2023068377.892.81$1,918
Oct 2023091085.443.09$2,809
Sep 2023025289.042.74$689
Aug 202304180.522.67$110
Jul 202303574.852.64$92
Jun 202303068.962.26$68
May 202304270.622.23$94
Apr 202303078.122.24$67
Mar 202304072.852.39$96
Feb 2023045175.112.47$1,112
Jan 2023067876.533.39$2,297
Dec 2022064476.415.73$3,690
Nov 202201,82085.005.65$10,276
Oct 202201,57787.185.86$9,247
Sep 202201,40084.888.16$11,429
Aug 202201,48094.529.13$13,508
Jul 202201,520101.587.54$11,464
Jun 202201,490115.097.98$11,886
May 202201,510109.378.43$12,734
Apr 202201,222104.226.84$8,356
Mar 2022111,157108.885.08$7,071
Feb 202201,06591.054.86$5,175
Jan 202201,24481.844.54$5,645
Dec 2021121,29871.323.90$5,917
Nov 202101,24477.435.24$6,515
Oct 202101,25479.795.71$7,165
Sep 202101,85569.865.35$9,926
Aug 202102,87966.024.22$12,151
Jul 202102,66170.783.98$10,596
Jun 202102,04269.493.38$6,903
May 202101,33563.483.02$4,029
Apr 202101,39860.362.76$3,856
Mar 2021141,92261.302.72$6,080
Feb 202101,58657.805.55$8,799
Jan 2021097950.412.81$2,751
Dec 2020044644.642.68$1,193
Nov 2020014938.772.71$403
Oct 202001,63236.972.48$4,045
Sep 202001,48537.091.99$2,957
Aug 202001,48439.982.39$3,539
Jul 202001,68038.371.83$3,066
Jun 202001,48834.901.69$2,515
May 202001,58216.921.81$2,871
Apr 202001,47614.751.80$2,663
Mar 202001,72830.341.86$3,208
Feb 202001,47449.881.98$2,920
Jan 202001,58157.252.09$3,312
Dec 201901,78259.012.30$4,106
Nov 201931,21655.302.75$3,511
Oct 201951,19253.472.42$3,150
Sep 2019588655.052.66$2,630
Aug 201901,58453.112.30$3,650
Jul 201901,51056.272.46$3,715
Jun 201901,17952.782.49$2,937
May 201901,32858.482.74$3,639
Apr 2019099662.632.75$2,740
Mar 201901,45756.803.06$4,461
Feb 201901,52750.852.79$4,264
Jan 201901,15946.033.23$3,741
Dec 201801,47246.594.19$6,161
Nov 201802,34052.934.24$9,915
Oct 201802,20961.443.40$7,506
Sep 201802,16659.543.11$6,732
Aug 201802,20759.403.07$6,768
Jul 201801,71665.142.93$5,031
Jun 201802,23660.183.08$6,880
May 201802,34765.382.90$6,808
Apr 201802,15263.842.90$6,243
Mar 201802,36261.222.79$6,583
Feb 201802,02661.782.77$5,604
Jan 201802,35662.874.01$9,446
Dec 201702,40457.272.92$7,023
Nov 201702,42555.423.12$7,562
Oct 201702,61149.292.98$7,790
Sep 201702,64847.523.09$8,175
Aug 201702,93845.373.00$8,827
Jul 201703,16443.873.09$9,768
Jun 201702,48342.493.09$7,666
May 201703,04745.373.26$9,944
Apr 201703,36847.933.21$10,817
Mar 201703,04246.772.98$9,076
Feb 2017432,87750.452.95$10,664
Jan 201703,24849.413.42$11,104
Dec 201602,45948.763.72$9,154
Nov 201604,06242.492.64$10,741
Oct 201605,48646.193.09$16,953
Sep 20160041.553.10$0
Aug 2016096641.442.92$2,825
Jul 201601,22241.622.92$3,574
Jun 2016021645.352.69$580
May 2016019742.521.99$392
Apr 2016013336.561.99$265
Mar 2016013233.011.79$237
Feb 20166425726.472.06$2,224
Jan 2016031327.352.36$740
Dec 2015039332.362.00$787
Nov 201503,56338.792.17$7,722
Oct 201503,56043.552.43$8,639
Sep 201503,48742.992.76$9,619
Aug 201503,68140.162.87$10,574
Jul 201502,61648.152.95$7,704
Jun 201503,65056.152.88$10,522
May 201503,81755.212.96$11,281
Apr 201503,72149.822.71$10,071
Mar 201504,03342.892.93$11,836
Feb 201503,58144.662.98$10,658
Jan 201504,02443.433.10$12,477
Dec 201403,87654.693.59$13,920
Nov 201403,80770.464.25$16,187
Oct 201404,10378.303.90$16,006
Sep 201473,50786.164.05$14,790
Aug 201484,02789.394.04$16,965
Jul 201403,22996.564.18$13,496
Jun 201404,15398.164.74$19,672
May 201404,39794.734.73$20,783
Apr 201404,42295.944.81$21,266
Mar 201404,90795.895.06$24,814
Feb 201403,92697.406.19$24,310
Jan 201404,23090.404.86$20,561
Dec 201304,38091.824.35$19,073
Nov 201304,54688.853.74$16,994
Oct 201305,14397.423.78$19,437
Sep 201304,448104.113.72$16,537
Aug 2013105,017104.253.52$18,715
Jul 201304,662102.523.72$17,332
Jun 201304,16494.403.93$16,379
May 201305,39994.834.15$22,401
Apr 201306,22493.964.28$26,655
Mar 201305,66293.623.91$22,155
Feb 201304,81991.233.42$16,481
Jan 201385,99391.603.42$21,228
Dec 201206,41786.773.42$21,947
Nov 201206,79086.953.62$24,613
Oct 201207,09289.383.40$24,111
Sep 201206,02794.672.92$17,589
Aug 2012107,90092.662.91$23,901
Jul 201216,21285.133.02$18,850
Jun 201223,84379.822.52$9,840
May 201206,87491.612.49$17,105
Apr 201226,399101.652.00$12,981
Mar 201206,314105.052.22$14,030
Feb 201206,132101.102.57$15,761
Jan 201226,86598.092.73$18,966
Dec 201106,58596.873.24$21,334
Nov 201106,85695.723.31$22,702
Oct 201127,64384.983.65$28,056
Sep 201124,79883.623.99$19,291
Aug 201107,21683.404.15$29,941
Jul 2011187,23494.144.52$34,372
Jun 201106,38992.904.64$29,644
May 201136,23598.134.40$27,758
Apr 201126,533105.964.33$28,521
Mar 2011197,60796.364.06$32,695
Feb 201125,73485.644.18$24,139
Jan 201107,54386.504.59$34,613
Dec 201027,36485.734.35$32,188
Nov 201007,03480.843.80$26,696
Oct 201007,57378.103.51$26,573
Sep 201037,30772.633.98$29,296
Aug 201027,62773.684.42$33,854
Jul 201007,23672.554.74$34,273
Jun 2010226,37070.364.91$32,827
May 201026,84671.124.24$29,137
Apr 201003,91581.694.12$16,140
Mar 201015,38078.394.39$23,689
Feb 201004,32873.585.44$23,555
Jan 201014,82274.365.96$28,833
Dec 2009367,23171.445.48$42,225
Nov 200904,54774.593.75$17,058
Oct 200914,92872.544.11$20,328
Sep 200915,86965.543.06$18,053
Aug 200926,21667.423.22$20,141
Jul 200906,53161.133.46$22,627
Jun 200916,77766.163.90$26,463
May 200927,64854.743.93$30,134
Apr 200916,02546.773.59$21,661
Mar 200903,59042.144.06$14,572
Feb 2009334,45732.814.63$21,732
Jan 200916,57235.865.37$35,334
Dec 200816,36237.105.98$38,064
Nov 20081896,27155.496.86$53,509
Oct 200817,34475.246.92$50,910
Sep 200827,116101.767.88$56,257
Aug 200804,158114.228.48$35,272
Jul 200837,614131.0811.39$87,112
Jun 200845,817131.3313.03$76,336
May 200847,932123.1711.57$92,300
Apr 200837,855110.3110.45$82,454
Mar 200827,039101.909.66$68,229
Feb 200848,33192.538.77$73,438
Jan 200849,32590.388.21$76,880
Dec 20075413,44288.337.30$102,923
Nov 2007717,04491.677.29$124,921
Oct 200706,22882.856.92$43,110
Sep 200723,82475.846.24$24,029
Aug 200733,22569.066.39$20,808
Jul 2007038870.906.39$2,479
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007057259.617.81$4,465
Mar 200704,61956.927.30$33,728
Feb 2007426,16155.108.22$52,933
Jan 200707,60950.306.73$51,185
Dec 200628,59256.656.92$59,557
Nov 200618,99654.207.62$68,581
Oct 2006010,50754.906.01$63,187
Sep 2006111,08460.085.04$55,892
Aug 20062912,06568.717.34$90,549
Jul 2006211,60569.376.34$73,746
Jun 2006111,43166.286.38$73,040
May 2006312,00166.016.42$77,304
Apr 2006211,80064.397.36$86,982
Mar 2006210,61956.707.08$75,327
Feb 200629,76857.597.75$75,828
Jan 2006010,92760.598.93$97,614
Dec 2005211,12754.9413.42$149,383
Nov 2005210,96154.6910.59$116,169
Oct 2005011,93158.3413.80$164,597
Sep 2005011,79161.4512.08$142,423
Aug 2005312,22661.519.80$119,961
Jul 2005311,82955.697.84$92,949
Jun 2005313,66052.337.38$100,982
May 2005214,66545.226.65$97,630
Apr 2005212,46849.207.36$91,869
Mar 2005213,46250.377.15$96,420
Feb 200519512,20745.226.31$85,868
Jan 2005013,34743.166.32$84,382
Dec 2004012,56939.866.75$84,854
Nov 2004312,88945.286.33$81,729
Oct 2004312,46349.706.52$81,347
Sep 2004312,56743.245.28$66,532
Aug 2004210,59542.375.55$58,894
Jul 2004411,91338.286.08$72,634
Jun 2004011,76036.106.43$75,652
May 2004111,65537.486.49$75,732
Apr 2004111,41034.475.86$66,880
Mar 200419111,47634.365.53$70,027
Feb 200408,56632.455.51$47,195
Jan 200438,54132.036.30$53,901
Dec 200308,93230.266.30$56,286
Nov 200328,77128.804.60$40,362
Oct 200308,25628.174.76$39,296
Sep 200317,97426.314.75$37,898
Aug 200329,62129.765.13$49,413
Jul 200329,58729.415.17$49,632
Jun 200319,39528.565.98$56,238
May 2003110,59926.595.97$63,331
Apr 2003110,27426.675.41$55,581
Mar 200316710,32131.146.10$68,118
Feb 200309,74033.487.93$77,198
Jan 2003010,98530.315.58$61,319
Dec 2002113,27926.914.85$64,480
Nov 200226,29624.664.14$26,096
Oct 2002010,21826.464.23$43,213
Sep 2002010,32927.443.64$37,548
Aug 2002010,99525.963.16$34,790
Jul 2002010,34624.583.06$31,677
Jun 200219110,61123.733.34$39,954
May 2002011,44524.663.58$41,019
Apr 2002010,23823.653.51$35,959
Mar 2002011,50222.003.10$35,687
Feb 2002010,30518.222.38$24,481
Jan 2002011,24617.172.38$26,717
Dec 2001111,31116.932.36$26,761
Nov 200119511,12718.072.41$30,290
Oct 2001511,24619.782.53$28,539
Sep 2001010,83524.262.25$24,393
Aug 2001411,05424.873.05$33,849
Jul 2001013,03123.933.20$41,661
Jun 2001012,95924.563.82$49,557
May 2001013,03025.524.31$56,124
Apr 2001012,04424.685.34$64,259
Mar 2001111,80824.545.38$63,510
Feb 2001012,44827.755.77$71,789
Jan 2001113,90527.478.40$116,812
Dec 2000018,31626.889.12$167,088
Nov 2000174032.215.66$5,605
Oct 200019,63431.235.15$49,603
Sep 2000015,45831.875.19$80,173
Aug 2000117,85129.644.54$81,087
Jul 2000121,61828.534.09$88,441
Jun 200019216,34829.304.40$77,512
May 2000015,55727.263.68$57,246
Apr 2000015,53124.513.12$48,395
Mar 2000017,34928.422.86$49,614
Feb 2000016,08627.622.73$43,858
Jan 2000016,16725.272.48$40,102
Dec 199918113,87924.282.42$38,033
Nov 1999113,14723.192.43$32,023
Oct 1999115,11220.982.80$42,391
Sep 1999014,61121.752.62$38,264
Aug 1999115,80819.262.88$45,477
Jul 1999016,68617.892.37$39,585
Jun 199918616,42115.942.36$41,753
May 1999017,00115.792.32$39,460
Apr 1999117,33215.102.21$38,285
Mar 1999018,35012.471.84$33,733
Feb 199918717,1579.981.82$33,054
Jan 1999221,21110.381.90$40,321
Dec 1998025,0979.201.77$44,505
Nov 1998025,09410.892.19$54,848
Oct 1998029,93112.421.97$58,940
Sep 199819040,98412.592.08$87,746
Aug 1998230,85511.301.91$58,874
Jul 1998243,81511.742.24$98,049
Jun 199818262,80711.242.24$142,562
May 1998055,80912.622.21$123,134
Apr 199819953,34713.042.51$136,247
Mar 199818761,86412.802.31$145,265
Feb 1998559,14713.952.30$136,056
Jan 1998030,51014.702.15$65,743
Dec 199701,65016.322.41$3,978

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                   59 Mcf  × $  3.05 =       $180

────────────────────────────────────────────────────
Month total                                     $180

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. 05/G/167116 is the state's own key, not one this site invented.