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 217712District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.1 M
Jan 2006 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
245
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 Gas112006-08-21167235
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
CondensateDisposition74 bbl$4,585
GasProduction2,662,155 Mcf$16,068,100
Total$16,072,685

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 31.3907, -96.2560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39065, -96.25600 · 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
15,110 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 15,110 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-28931418415,110 ftJan 2006

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 (245)

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

245 months

May 202601,110106.413.05$3,381
Apr 202601,08398.932.87$3,108
Mar 202601,12089.753.15$3,527
Feb 202601,00663.503.75$3,773
Jan 202601,11759.138.00$8,934
Dec 202501,11656.664.41$4,925
Nov 202501,08758.593.93$4,268
Oct 202501,13659.383.30$3,754
Sep 202501,10562.743.08$3,400
Aug 202501,17663.933.01$3,545
Jul 202501,05166.743.32$3,484
Jun 202501,09566.483.13$3,426
May 202501,14960.553.23$3,714
Apr 202501,12362.363.54$3,979
Mar 202501,16367.704.27$4,964
Feb 202501,05370.884.34$4,571
Jan 202501,16974.324.28$5,002
Dec 202401,17168.993.12$3,655
Nov 202401,14669.052.20$2,519
Oct 202401,20171.372.28$2,740
Sep 202401,15869.612.36$2,738
Aug 202401,20775.632.06$2,491
Jul 202401,19579.932.15$2,565
Jun 202401,17378.082.63$3,090
May 202401,20378.812.20$2,645
Apr 202401,17884.451.66$1,955
Mar 202401,21180.301.55$1,871
Feb 202401,11076.091.78$1,980
Jan 202401,26773.023.30$4,178
Dec 202301,24071.262.61$3,237
Nov 202301,21977.892.81$3,422
Oct 202301,26985.443.09$3,918
Sep 202301,24589.042.74$3,405
Aug 202301,32680.522.67$3,544
Jul 202301,22274.852.64$3,228
Jun 202301,23768.962.26$2,794
May 202301,29770.622.23$2,889
Apr 202301,25978.122.24$2,817
Mar 202301,33972.852.39$3,204
Feb 202301,21975.112.47$3,006
Jan 202301,22676.533.39$4,153
Dec 202201,27676.415.73$7,310
Nov 2022092485.005.65$5,217
Oct 2022095187.185.86$5,576
Sep 202201,16284.888.16$9,486
Aug 2022066894.529.13$6,097
Jul 202201,019101.587.54$7,685
Jun 20220961115.097.98$7,666
May 20220905109.378.43$7,632
Apr 20220966104.226.84$6,605
Mar 202201,359108.885.08$6,899
Feb 202201,43291.054.86$6,958
Jan 202201,60781.844.54$7,292
Dec 202101,62671.323.90$6,340
Nov 202101,58877.435.24$8,316
Oct 202101,67179.795.71$9,548
Sep 202101,60769.865.35$8,599
Aug 202101,69866.024.22$7,167
Jul 202101,69970.783.98$6,766
Jun 202101,66969.493.38$5,642
May 202101,72063.483.02$5,190
Apr 202101,64160.362.76$4,527
Mar 202101,48461.302.72$4,032
Feb 202101,49257.805.55$8,278
Jan 202101,57250.412.81$4,418
Dec 202001,49344.642.68$3,994
Nov 202001,17938.772.71$3,191
Oct 202001,22236.972.48$3,029
Sep 202001,93137.091.99$3,845
Aug 202001,31039.982.39$3,124
Jul 202002,27938.371.83$4,159
Jun 202002,51234.901.69$4,246
May 202002,63316.921.81$4,778
Apr 202002,65514.751.80$4,791
Mar 202003,12730.341.86$5,804
Feb 202002,77749.881.98$5,500
Jan 202003,33957.252.09$6,994
Dec 201903,48959.012.30$8,040
Nov 201903,65855.302.75$10,062
Oct 201902,94853.472.42$7,130
Sep 201903,09455.052.66$8,222
Aug 201903,26753.112.30$7,528
Jul 201903,34256.272.46$8,222
Jun 201903,31052.782.49$8,246
May 201903,43858.482.74$9,421
Apr 201902,95362.632.75$8,123
Mar 201902,53556.803.06$7,762
Feb 201902,38550.852.79$6,659
Jan 201902,90646.033.23$9,381
Dec 201803,18446.594.19$13,326
Nov 201803,44752.934.24$14,606
Oct 201803,24461.443.40$11,023
Sep 201802,92259.543.11$9,082
Aug 201802,74159.403.07$8,405
Jul 201803,00365.142.93$8,804
Jun 201802,97660.183.08$9,157
May 201802,70865.382.90$7,855
Apr 201802,87263.842.90$8,331
Mar 201803,22761.222.79$8,993
Feb 201803,29061.782.77$9,101
Jan 201803,55762.874.01$14,261
Dec 201703,51157.272.92$10,257
Nov 201703,20155.423.12$9,982
Oct 201703,70749.292.98$11,061
Sep 201703,69347.523.09$11,401
Aug 201704,05745.373.00$12,189
Jul 201704,23343.873.09$13,068
Jun 201703,98142.493.09$12,290
May 201704,17745.373.26$13,631
Apr 201704,06247.933.21$13,046
Mar 201704,23746.772.98$12,642
Feb 201704,00450.452.95$11,822
Jan 201704,46849.413.42$15,275
Dec 201604,57748.763.72$17,039
Nov 201604,50742.492.64$11,918
Oct 201604,72746.193.09$14,608
Sep 201604,84641.553.10$15,026
Aug 201605,54141.442.92$16,204
Jul 201605,13041.622.92$15,002
Jun 20160045.352.69$0
May 201604,11942.521.99$8,201
Apr 201604,82336.561.99$9,603
Mar 201605,50833.011.79$9,881
Feb 201606,11126.472.06$12,611
Jan 201608,77527.352.36$20,747
Dec 201509,28832.362.00$18,589
Nov 201503,46938.792.17$7,518
Oct 201501,11143.552.43$2,696
Sep 2015090742.992.76$2,502
Aug 2015036040.162.87$1,034
Jul 2015037948.152.95$1,116
Jun 2015017656.152.88$507
May 201504,14155.212.96$12,239
Apr 201506,29849.822.71$17,046
Mar 201506,78142.892.93$19,900
Feb 201506,66044.662.98$19,821
Jan 201505,31143.433.10$16,467
Dec 201406,88954.693.59$24,741
Nov 201408,19770.464.25$34,852
Oct 2014012,03978.303.90$46,964
Sep 201401,04086.164.05$4,207
Aug 201402,09989.394.04$8,470
Jul 201403,71496.564.18$15,523
Jun 201403,87298.164.74$18,341
May 201402,93694.734.73$13,877
Apr 201404,04895.944.81$19,467
Mar 201404,04495.895.06$20,450
Feb 201404,43297.406.19$27,443
Jan 201405,73790.404.86$27,886
Dec 201301,18091.824.35$5,138
Nov 201304,83688.853.74$18,078
Oct 201303,37497.423.78$12,752
Sep 201303,495104.113.72$12,994
Aug 20130792104.253.52$2,790
Jul 201302,856102.523.72$10,618
Jun 201304,30394.403.93$16,925
May 201303,86494.834.15$16,032
Apr 201305,52393.964.28$23,653
Mar 201306,67293.623.91$26,107
Feb 201304,40891.233.42$15,075
Jan 201306,58991.603.42$22,534
Dec 201202,06486.773.42$7,059
Nov 201206,87486.953.62$24,918
Oct 201209,70989.383.40$33,007
Sep 201208,79494.672.92$25,664
Aug 201203,14992.662.91$9,158
Jul 201208,23685.133.02$24,879
Jun 2012010,42979.822.52$26,271
May 2012015,58391.612.49$38,775
Apr 201203,203101.652.00$6,396
Mar 20120489105.052.22$1,087
Feb 201200101.102.57$0
Jan 201203,66898.092.73$10,029
Dec 2011012,35596.873.24$40,027
Nov 201108,23295.723.31$27,258
Oct 201109,89084.983.65$36,084
Sep 2011010,69883.623.99$42,640
Aug 2011012,45483.404.15$51,676
Jul 2011013,14894.144.52$59,393
Jun 2011015,46692.904.64$71,760
May 201108,84198.134.40$38,943
Apr 2011013,093105.964.33$56,736
Mar 2011018,51596.364.06$75,122
Feb 201106,03785.644.18$25,235
Jan 2011015,00186.504.59$68,836
Dec 2010013,58485.734.35$59,060
Nov 2010014,67480.843.80$55,693
Oct 2010015,45278.103.51$54,219
Sep 2010014,66572.633.98$58,359
Aug 2010016,82073.684.42$74,334
Jul 2010018,09772.554.74$85,716
Jun 2010015,84770.364.91$77,815
May 2010016,23871.124.24$68,772
Apr 2010015,84281.694.12$65,312
Mar 2010114,75378.394.39$64,824
Feb 2010013,39973.585.44$72,922
Jan 2010115,63774.365.96$93,335
Dec 2009019,73271.445.48$108,205
Nov 2009019,06574.593.75$71,522
Oct 2009017,90972.544.11$73,610
Sep 2009020,67165.543.06$63,351
Aug 2009015,01367.423.22$48,319
Jul 2009031,40561.133.46$108,803
Jun 2009017,47666.163.90$68,069
May 2009015,87654.743.93$62,325
Apr 2009120,26746.773.59$72,755
Mar 2009230,51642.144.06$123,949
Feb 200903,07832.814.63$14,260
Jan 2009012,88835.865.37$69,221
Dec 2008017,23237.105.98$102,998
Nov 2008017,79055.496.86$122,046
Oct 2008030,36875.246.92$210,207
Sep 2008269,352101.767.88$546,495
Aug 200809,115114.228.48$77,323
Jul 2008048,189131.0811.39$548,845
Jun 2008037,861131.3313.03$493,428
May 2008022,573123.1711.57$261,266
Apr 2008026,947110.3110.45$281,727
Mar 2008029,716101.909.66$287,178
Feb 2008031,57192.538.77$276,896
Jan 2008041,78990.388.21$342,909
Dec 2007328,49888.337.30$208,357
Nov 2007023,89491.677.29$174,228
Oct 2007027,83282.856.92$192,653
Sep 2007011,73175.846.24$73,250
Aug 2007029,92269.066.39$191,140
Jul 2007041,07170.906.39$262,359
Jun 2007042,25262.007.55$318,937
May 2007022,02458.747.85$172,806
Apr 2007042,01659.617.81$327,943
Mar 2007050,19756.927.30$366,537
Feb 2007153,80255.108.22$442,092
Jan 2007137,42950.306.73$251,830
Dec 2006246,49356.656.92$321,772
Nov 2006244,87454.207.62$341,935
Oct 2006149,86454.906.01$299,927
Sep 2006255,30760.085.04$278,713
Aug 2006157,63068.717.34$423,068
Jul 2006264,89469.376.34$411,746
Jun 2006557,26166.286.38$365,879
May 2006567,77366.016.42$435,772
Apr 2006183,14064.397.36$612,015
Mar 20063108,66056.707.08$769,800
Feb 200625160,47157.597.75$1,245,270
Jan 2006138,14360.598.93$73,532

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                1,110 Mcf  × $  3.05 =     $3,381

────────────────────────────────────────────────────
Month total                                   $3,381

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/217712 is the state's own key, not one this site invented.