KING, GAIL

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (COTTON VALLEY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206065District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Oct 2004 – Mar 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
258
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
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 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112006-09-15169890
NGPA2none

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
CondensateDisposition136 bbl$8,400
GasProduction2,272,781 Mcf$13,395,353
Total$13,403,753

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 31.4084, -96.2314. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40840, -96.23140 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
14,834 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
1100.0%
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.
00.0%

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 14,834 ft.

Completions filed
Mar 2026
1 of 1 wells

1 well

42-28931399614,834 ftMar 2026Yes

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 (258)

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

258 months

Mar 20260089.753.15$0
Feb 202601,00463.503.75$3,765
Jan 202601,37059.138.00$10,957
Dec 202501,91956.664.41$8,469
Nov 202501,29458.593.93$5,081
Oct 202501,91159.383.30$6,316
Sep 202501,79262.743.08$5,514
Aug 202501,99763.933.01$6,020
Jul 202502,12366.743.32$7,038
Jun 202502,23766.483.13$6,999
May 202501,94260.553.23$6,277
Apr 202501,59362.363.54$5,644
Mar 202511,89067.704.27$8,135
Feb 202502,94370.884.34$12,775
Jan 202509174.324.28$389
Dec 2024011868.993.12$368
Nov 2024023069.052.20$506
Oct 2024014671.372.28$333
Sep 2024024869.612.36$586
Aug 2024015075.632.06$310
Jul 2024017879.932.15$382
Jun 2024011278.082.63$295
May 2024018478.812.20$405
Apr 2024032684.451.66$541
Mar 2024040280.301.55$621
Feb 2024060876.091.78$1,084
Jan 202401,22873.023.30$4,050
Dec 2023036171.262.61$942
Nov 2023026177.892.81$733
Oct 2023033285.443.09$1,025
Sep 2023040689.042.74$1,110
Aug 2023049080.522.67$1,310
Jul 2023033274.852.64$877
Jun 2023023768.962.26$535
May 2023066470.622.23$1,479
Apr 2023072578.122.24$1,622
Mar 2023072672.852.39$1,737
Feb 2023057575.112.47$1,418
Jan 2023077076.533.39$2,609
Dec 2022098276.415.73$5,626
Nov 202201,55485.005.65$8,774
Oct 2022098187.185.86$5,752
Sep 2022095884.888.16$7,821
Aug 2022063194.529.13$5,759
Jul 20220818101.587.54$6,169
Jun 202201,541115.097.98$12,293
May 202201,928109.378.43$16,259
Apr 202201,794104.226.84$12,267
Mar 202202,172108.885.08$11,026
Feb 202201,58791.054.86$7,711
Jan 202202,32981.844.54$10,568
Dec 202102,39071.323.90$9,319
Nov 202102,41677.435.24$12,652
Oct 202102,55779.795.71$14,610
Sep 202102,35869.865.35$12,617
Aug 202102,79366.024.22$11,788
Jul 202102,37670.783.98$9,461
Jun 202102,52969.493.38$8,550
May 202102,89963.483.02$8,748
Apr 202102,90960.362.76$8,024
Mar 202102,79661.302.72$7,597
Feb 2021083757.805.55$4,644
Jan 202102,52150.412.81$7,085
Dec 202002,78244.642.68$7,443
Nov 202002,71938.772.71$7,359
Oct 202001,82336.972.48$4,518
Sep 202002,59137.091.99$5,159
Aug 202001,34139.982.39$3,198
Jul 202002,32138.371.83$4,236
Jun 202002,05634.901.69$3,475
May 202002,06516.921.81$3,747
Apr 202002,55414.751.80$4,608
Mar 202002,30430.341.86$4,277
Feb 202002,40549.881.98$4,764
Jan 202002,85457.252.09$5,978
Dec 201902,86259.012.30$6,595
Nov 201903,04855.302.75$8,384
Oct 201903,08753.472.42$7,466
Sep 201902,81855.052.66$7,488
Aug 201903,23353.112.30$7,450
Jul 201903,86056.272.46$9,496
Jun 201903,31252.782.49$8,251
May 201903,94658.482.74$10,813
Apr 201903,63462.632.75$9,996
Mar 201902,91056.803.06$8,911
Feb 201903,42450.852.79$9,561
Jan 201903,92246.033.23$12,661
Dec 201804,44246.594.19$18,592
Nov 201804,03752.934.24$17,106
Oct 201805,44261.443.40$18,492
Sep 201801,33959.543.11$4,162
Aug 201802,84659.403.07$8,727
Jul 201804,04565.142.93$11,859
Jun 201804,16060.183.08$12,800
May 201804,53565.382.90$13,155
Apr 201804,93063.842.90$14,301
Mar 201804,36261.222.79$12,156
Feb 201804,43461.782.77$12,265
Jan 201805,07662.874.01$20,351
Dec 201705,43457.272.92$15,876
Nov 201704,98855.423.12$15,554
Oct 201705,80549.292.98$17,320
Sep 201706,31347.523.09$19,490
Aug 201708,70745.373.00$26,159
Jul 201703,48243.873.09$10,750
Jun 201701,66242.493.09$5,131
May 201705,05045.373.26$16,480
Apr 2017070747.933.21$2,271
Mar 201706,72246.772.98$20,056
Feb 201704,64450.452.95$13,712
Jan 201704,47249.413.42$15,289
Dec 201601,33048.763.72$4,951
Nov 201601,32742.492.64$3,509
Oct 201601,65746.193.09$5,121
Sep 201601,19141.553.10$3,693
Aug 201601,54841.442.92$4,527
Jul 201601,38241.622.92$4,041
Jun 201601,56545.352.69$4,203
May 201601,48542.521.99$2,957
Apr 201601,21236.561.99$2,413
Mar 201601,63933.011.79$2,940
Feb 201601,46426.472.06$3,021
Jan 201601,92527.352.36$4,551
Dec 201501,62132.362.00$3,244
Nov 201501,32138.792.17$2,863
Oct 201501,71843.552.43$4,169
Sep 201501,63842.992.76$4,518
Aug 201501,63240.162.87$4,688
Jul 201501,39348.152.95$4,103
Jun 201501,58756.152.88$4,575
May 201501,59955.212.96$4,726
Apr 201501,62749.822.71$4,404
Mar 201501,69342.892.93$4,968
Feb 201501,33644.662.98$3,976
Jan 201501,72343.433.10$5,342
Dec 201402,11154.693.59$7,581
Nov 201403,16870.464.25$13,470
Oct 201404,53578.303.90$17,691
Sep 201404,77986.164.05$19,333
Aug 201405,18389.394.04$20,914
Jul 201405,17696.564.18$21,634
Jun 201404,73798.164.74$22,439
May 201405,25194.734.73$24,819
Apr 201405,23395.944.81$25,166
Mar 201407,64895.895.06$38,674
Feb 201404,63297.406.19$28,681
Jan 201406,68690.404.86$32,499
Dec 201305,36091.824.35$23,340
Nov 201314,65988.853.74$17,506
Oct 201304,85997.423.78$18,364
Sep 201305,613104.113.72$20,868
Aug 201308,091104.253.52$28,501
Jul 2013015,363102.523.72$57,116
Jun 201302,76994.403.93$10,892
May 201303,90694.834.15$16,206
Apr 201305,30193.964.28$22,702
Mar 201307,04093.623.91$27,547
Feb 201305,96791.233.42$20,407
Jan 201309,23191.603.42$31,569
Dec 2012011,17386.773.42$38,213
Nov 2012010,15786.953.62$36,819
Oct 2012014,30489.383.40$48,629
Sep 201205,57694.672.92$16,273
Aug 2012011,57492.662.91$33,659
Jul 2012013,77085.133.02$41,596
Jun 2012013,41279.822.52$33,785
May 2012011,21291.612.49$27,899
Apr 2012013,861101.652.00$27,678
Mar 2012017,899105.052.22$39,773
Feb 2012011,720101.102.57$30,123
Jan 2012015,15398.092.73$41,430
Dec 2011016,61096.873.24$53,812
Nov 2011015,15595.723.31$50,182
Oct 2011015,09684.983.65$55,078
Sep 2011019,36383.623.99$77,177
Aug 2011023,47683.404.15$97,409
Jul 2011017,81594.144.52$80,475
Jun 201105,65592.904.64$26,239
May 2011018,63098.134.40$82,062
Apr 2011021,576105.964.33$93,495
Mar 2011013,58696.364.06$55,123
Feb 2011159285.644.18$2,560
Jan 201104,45486.504.59$20,438
Dec 2010011,74485.734.35$51,060
Nov 201006,68480.843.80$25,368
Oct 2010011,46978.103.51$40,243
Sep 2010015,50672.633.98$61,706
Aug 2010016,03473.684.42$70,860
Jul 2010017,15672.554.74$81,259
Jun 201005,88370.364.91$28,888
May 2010014,60471.124.24$61,851
Apr 2010011,48181.694.12$47,333
Mar 2010014,51678.394.39$63,706
Feb 201009,85273.585.44$53,618
Jan 2010013,22274.365.96$78,857
Dec 2009016,27971.445.48$89,270
Nov 2009011,24474.593.75$42,182
Oct 2009011,74572.544.11$48,275
Sep 2009016,66865.543.06$51,083
Aug 2009018,51367.423.22$59,584
Jul 2009018,98661.133.46$65,777
Jun 2009019,80066.163.90$77,121
May 2009015,17354.743.93$59,565
Apr 2009114,20646.773.59$51,011
Mar 2009119,41642.144.06$78,852
Feb 2009117,36532.814.63$80,485
Jan 2009017,41135.865.37$93,514
Dec 2008013,00037.105.98$77,703
Nov 2008018,17155.496.86$124,660
Oct 2008015,76175.246.92$109,097
Sep 2008018,390101.767.88$144,860
Aug 2008021,042114.228.48$178,500
Jul 2008022,474131.0811.39$255,966
Jun 2008226,154131.3313.03$341,118
May 200807,714123.1711.57$89,284
Apr 2008114,444110.3110.45$151,120
Mar 2008117,362101.909.66$167,889
Feb 2008513,13292.538.77$115,638
Jan 200819,70090.388.21$79,686
Dec 200708,94388.337.30$65,302
Nov 200709,87891.677.29$72,027
Oct 2007115,10582.856.92$104,639
Sep 2007017,39575.846.24$108,617
Aug 2007024,21069.066.39$154,652
Jul 2007124,47970.906.39$156,441
Jun 2007127,13862.007.55$204,912
May 2007023,57058.747.85$184,937
Apr 2007428,84059.617.81$225,340
Mar 2007335,63956.927.30$260,406
Feb 2007436,31855.108.22$298,609
Jan 2007235,86750.306.73$241,373
Dec 2006537,28756.656.92$258,251
Nov 2006434,21954.207.62$260,879
Oct 2006640,48454.906.01$243,792
Sep 2006847,02660.085.04$237,360
Aug 20061654,41568.717.34$400,501
Jul 2006533,10769.376.34$210,337
Jun 2006324,05766.286.38$153,776
May 2006527,62466.016.42$177,814
Apr 2006426,63964.397.36$196,333
Mar 2006432,22156.707.08$228,446
Feb 2006331,18757.597.75$241,907
Jan 2006531,18260.598.93$278,862
Dec 2005426,52554.9413.42$356,063
Nov 20055654.6910.59$337
Oct 2005126,82058.3413.80$370,061
Sep 2005228,20661.4512.08$340,823
Aug 2005229,66861.519.80$290,776
Jul 2005130,66855.697.84$240,604
Jun 2005212,47452.337.38$92,176
May 2005225,90145.226.65$172,362
Apr 2005534,07449.207.36$251,047
Mar 2005041,39450.377.15$296,169
Feb 20053345.226.31$155
Jan 2005298143.166.32$6,288
Dec 200431,19939.866.75$8,214
Nov 200447,30645.286.33$46,431
Oct 200406,61949.706.52$43,123

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                1,004 Mcf  × $  3.75 =     $3,765

────────────────────────────────────────────────────
Month total                                   $3,765

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/206065 is the state's own key, not one this site invented.