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 216791District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.8 M
Aug 2005 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
250
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 Gas112006-07-31166279
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
CondensateDisposition75 bbl$4,592
GasProduction2,347,594 Mcf$15,765,497
Total$15,770,089

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 31.3926, -96.2625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39257, -96.26249 · 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
14,841 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 14,841 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-289314821614,841 ftAug 2005

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 (250)

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

250 months

May 202601,200106.413.05$3,655
Apr 2026087098.932.87$2,497
Mar 2026089989.753.15$2,831
Feb 2026080063.503.75$3,000
Jan 2026064859.138.00$5,183
Dec 2025069056.664.41$3,045
Nov 2025078858.593.93$3,094
Oct 2025089259.383.30$2,948
Sep 2025092962.743.08$2,858
Aug 2025097263.933.01$2,930
Jul 2025099566.743.32$3,299
Jun 2025094766.483.13$2,963
May 2025098560.553.23$3,184
Apr 2025095862.363.54$3,394
Mar 202501,06867.704.27$4,559
Feb 202501,03970.884.34$4,510
Jan 202501,19574.324.28$5,113
Dec 202401,24268.993.12$3,877
Nov 202401,40669.052.20$3,091
Oct 202401,34271.372.28$3,062
Sep 202401,26469.612.36$2,989
Aug 202401,35775.632.06$2,800
Jul 202401,54779.932.15$3,321
Jun 202401,86378.082.63$4,907
May 202402,06878.812.20$4,546
Apr 202413,01084.451.66$5,079
Mar 202401,66780.301.55$2,576
Feb 202401,70376.091.78$3,038
Jan 202402,09073.023.30$6,892
Dec 202302,90971.262.61$7,595
Nov 202302,83277.892.81$7,951
Oct 202303,35685.443.09$10,361
Sep 202303,00289.042.74$8,211
Aug 202302,76080.522.67$7,377
Jul 202302,94074.852.64$7,767
Jun 202302,40768.962.26$5,436
May 202302,95170.622.23$6,573
Apr 202303,28178.122.24$7,342
Mar 202302,96872.852.39$7,103
Feb 202303,80675.112.47$9,384
Jan 202302,35176.533.39$7,965
Dec 202202,84276.415.73$16,282
Nov 202203,56085.005.65$20,100
Oct 202204,52787.185.86$26,545
Sep 202202,27484.888.16$18,564
Aug 202203,06994.529.13$28,011
Jul 202203,275101.587.54$24,700
Jun 202204,346115.097.98$34,669
May 202203,184109.378.43$26,851
Apr 202204,127104.226.84$28,219
Mar 202203,107108.885.08$15,772
Feb 202204,01191.054.86$19,489
Jan 202203,18681.844.54$14,457
Dec 2021053971.323.90$2,102
Nov 2021045977.435.24$2,404
Oct 2021049379.795.71$2,817
Sep 2021054669.865.35$2,922
Aug 2021069166.024.22$2,916
Jul 2021052670.783.98$2,095
Jun 2021064869.493.38$2,191
May 2021087163.483.02$2,628
Apr 202101,04560.362.76$2,883
Mar 202101,27861.302.72$3,472
Feb 202101,04157.805.55$5,775
Jan 202101,45950.412.81$4,100
Dec 202001,28144.642.68$3,427
Nov 202002,24038.772.71$6,063
Oct 202002,98236.972.48$7,391
Sep 202003,28837.091.99$6,547
Aug 202003,01039.982.39$7,179
Jul 202003,32638.371.83$6,070
Jun 202003,25234.901.69$5,497
May 202003,39416.921.81$6,159
Apr 202004,31714.751.80$7,790
Mar 202002,50630.341.86$4,652
Feb 202004,32249.881.98$8,560
Jan 202004,55757.252.09$9,546
Dec 201903,23059.012.30$7,443
Nov 201902,38755.302.75$6,566
Oct 201902,69253.472.42$6,511
Sep 201903,44855.052.66$9,162
Aug 201904,27253.112.30$9,844
Jul 201901,87856.272.46$4,620
Jun 201902,70952.782.49$6,749
May 201902,90358.482.74$7,955
Apr 201902,88862.632.75$7,944
Mar 201903,95956.803.06$12,123
Feb 201904,95950.852.79$13,847
Jan 201903,67446.033.23$11,860
Dec 201802,54346.594.19$10,644
Nov 201802,57552.934.24$10,911
Oct 201803,18161.443.40$10,809
Sep 201803,21159.543.11$9,980
Aug 201802,49859.403.07$7,660
Jul 201802,38365.142.93$6,987
Jun 201803,61460.183.08$11,120
May 201804,54065.382.90$13,170
Apr 201804,76363.842.90$13,817
Mar 201804,40261.222.79$12,268
Feb 201802,44061.782.77$6,749
Jan 201801,38262.874.01$5,541
Dec 2017051857.272.92$1,513
Nov 2017051255.423.12$1,597
Oct 2017046149.292.98$1,375
Sep 201701,51247.523.09$4,668
Aug 201701,47945.373.00$4,444
Jul 201701,91943.873.09$5,924
Jun 201703,01542.493.09$9,308
May 201702,79145.373.26$9,108
Apr 201703,23447.933.21$10,386
Mar 201703,41246.772.98$10,180
Feb 201702,49050.452.95$7,352
Jan 201703,53549.413.42$12,085
Dec 201604,10848.763.72$15,293
Nov 201604,09342.492.64$10,823
Oct 201604,09146.193.09$12,642
Sep 201601,60441.553.10$4,973
Aug 201602,17141.442.92$6,349
Jul 201603,05041.622.92$8,919
Jun 20160045.352.69$0
May 201603,93342.521.99$7,831
Apr 201604,52936.561.99$9,017
Mar 201604,19533.011.79$7,526
Feb 201603,56326.472.06$7,353
Jan 201606,10627.352.36$14,437
Dec 201506,51532.362.00$13,039
Nov 201505,75438.792.17$12,471
Oct 201504,20843.552.43$10,211
Sep 201504,21442.992.76$11,624
Aug 201504,22240.162.87$12,128
Jul 201504,65648.152.95$13,712
Jun 201508,04056.152.88$23,178
May 201508,63855.212.96$25,529
Apr 201507,22049.822.71$19,541
Mar 201501,80542.892.93$5,297
Feb 201504,54844.662.98$13,536
Jan 201504,99243.433.10$15,478
Dec 201406,55154.693.59$23,527
Nov 201405,05470.464.25$21,489
Oct 201405,57978.303.90$21,763
Sep 201406,16786.164.05$24,948
Aug 201406,85989.394.04$27,677
Jul 201406,77296.564.18$28,304
Jun 201406,32298.164.74$29,947
May 201407,37694.734.73$34,863
Apr 201408,34795.944.81$40,142
Mar 201407,64095.895.06$38,634
Feb 201405,77297.406.19$35,740
Jan 201407,99690.404.86$38,866
Dec 201308,86291.824.35$38,589
Nov 201308,73588.853.74$32,654
Oct 2013010,31197.423.78$38,969
Sep 2013011,603104.113.72$43,137
Aug 2013016,228104.253.52$57,165
Jul 201304,964102.523.72$18,455
Jun 201305,71794.403.93$22,487
May 201304,90094.834.15$20,330
Apr 201307,08493.964.28$30,338
Mar 201306,98793.623.91$27,339
Feb 201306,80691.233.42$23,276
Jan 201307,19791.603.42$24,613
Dec 2012011,92586.773.42$40,785
Nov 201208,70286.953.62$31,544
Oct 201206,37089.383.40$21,656
Sep 201206,23894.672.92$18,205
Aug 201205,27592.662.91$15,341
Jul 201207,72685.133.02$23,339
Jun 2012011,59679.822.52$29,211
May 2012014,38591.612.49$35,794
Apr 2012017,032101.652.00$34,010
Mar 20120172105.052.22$382
Feb 201209,977101.102.57$25,643
Jan 201208,92098.092.73$24,388
Dec 201109,42496.873.24$30,531
Nov 2011014,22895.723.31$47,113
Oct 2011012,26184.983.65$44,735
Sep 2011017,08483.623.99$68,093
Aug 2011116,51883.404.15$68,622
Jul 201103,75494.144.52$16,958
Jun 201104,57692.904.64$21,232
May 201107,51198.134.40$33,085
Apr 201108,008105.964.33$34,701
Mar 201104,03996.364.06$16,388
Feb 201105,72985.644.18$23,947
Jan 201106,98986.504.59$32,071
Dec 201002,22885.734.35$9,687
Nov 201007,03480.843.80$26,696
Oct 201005,13778.103.51$18,025
Sep 201006,12072.633.98$24,354
Aug 201006,77273.684.42$29,928
Jul 201005,28372.554.74$25,023
Jun 201004,80870.364.91$23,609
May 2010011,75671.124.24$49,789
Apr 2010011,03481.694.12$45,490
Mar 2010013,94378.394.39$61,191
Feb 2010113,63073.585.44$74,253
Jan 2010112,23474.365.96$73,039
Dec 2009016,28971.445.48$89,325
Nov 2009015,46274.593.75$58,006
Oct 2009017,94872.544.11$73,771
Sep 2009018,02865.543.06$55,251
Aug 2009023,02567.423.22$74,106
Jul 2009035,58061.133.46$123,267
Jun 2009010,99866.163.90$42,837
May 2009010,06354.743.93$39,505
Apr 200918,56746.773.59$30,781
Mar 2009110,16742.144.06$41,310
Feb 200907,26032.814.63$33,636
Jan 200919,06735.865.37$48,735
Dec 2008011,64437.105.98$69,598
Nov 200808,17855.496.86$56,104
Oct 200809,95675.246.92$68,915
Sep 2008012,367101.767.88$97,416
Aug 2008011,543114.228.48$97,920
Jul 2008012,033131.0811.39$137,049
Jun 2008113,900131.3313.03$181,285
May 2008112,595123.1711.57$145,901
Apr 2008011,002110.3110.45$115,024
Mar 2008014,527101.909.66$140,390
Feb 2008014,18392.538.77$124,393
Jan 2008018,56190.388.21$152,307
Dec 2007019,34788.337.30$141,271
Nov 2007013,94891.677.29$101,705
Oct 2007024,58182.856.92$170,149
Sep 2007024,45175.846.24$152,676
Aug 2007026,40969.066.39$168,699
Jul 2007041,37170.906.39$264,275
Jun 2007337,49562.007.55$283,215
May 2007028,83058.747.85$226,208
Apr 2007060,38559.617.81$471,317
Mar 2007127,86356.927.30$203,512
Feb 200709,25155.108.22$76,006
Jan 200706,91350.306.73$46,503
Dec 2006015,02656.656.92$103,956
Nov 200629,94254.207.62$75,841
Oct 2006116,05354.906.01$96,594
Sep 2006115,35760.085.04$77,416
Aug 2006015,16168.717.34$111,281
Jul 2006116,92269.376.34$107,402
Jun 2006444,10966.286.38$281,852
May 2006171,42566.016.42$458,972
Apr 2006179,32764.397.36$583,949
Mar 2006035,01156.707.08$247,980
Feb 2006012,46357.597.75$96,602
Jan 2006619,99860.598.93$179,012
Dec 20051281,46654.9413.42$1,093,558
Nov 20059100,93254.6910.59$1,069,201
Oct 2005887,62958.3413.80$1,209,375
Sep 20057196,35661.4512.08$2,372,214
Aug 200599,14361.519.80$90,126

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                1,200 Mcf  × $  3.05 =     $3,655

────────────────────────────────────────────────────
Month total                                   $3,655

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/216791 is the state's own key, not one this site invented.