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 217713District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Dec 2005 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
246
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 Gas112006-08-21167236
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
CondensateDisposition64 bbl$3,939
GasProduction1,604,275 Mcf$10,555,947
Total$10,559,886

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 31.3927, -96.2585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39271, -96.25855 · 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
14,965 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 14,965 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-289314831714,965 ftDec 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 (246)

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

246 months

May 202602,207106.413.05$6,722
Apr 202602,23998.932.87$6,425
Mar 202602,32389.753.15$7,316
Feb 202601,78963.503.75$6,709
Jan 202601,82359.138.00$14,580
Dec 202501,25556.664.41$5,539
Nov 202501,30158.593.93$5,108
Oct 202501,87059.383.30$6,180
Sep 202502,05062.743.08$6,308
Aug 202502,29963.933.01$6,931
Jul 202502,21166.743.32$7,330
Jun 202502,07566.483.13$6,492
May 202501,69460.553.23$5,476
Apr 202501,27762.363.54$4,525
Mar 202501,21067.704.27$5,165
Feb 2025082170.884.34$3,564
Jan 2025091374.324.28$3,906
Dec 2024090268.993.12$2,815
Nov 2024095669.052.20$2,102
Oct 202401,36871.372.28$3,121
Sep 202401,28369.612.36$3,033
Aug 202401,39775.632.06$2,883
Jul 202401,41379.932.15$3,033
Jun 202401,65978.082.63$4,370
May 202401,59678.812.20$3,509
Apr 202401,46084.451.66$2,422
Mar 202401,19580.301.55$1,846
Feb 202401,55476.091.78$2,772
Jan 202401,45573.023.30$4,798
Dec 202301,23771.262.61$3,229
Nov 202301,65877.892.81$4,655
Oct 202301,99585.443.09$6,159
Sep 202303,13389.042.74$8,569
Aug 202303,91580.522.67$10,464
Jul 202303,75674.852.64$9,923
Jun 202303,38668.962.26$7,647
May 202303,10470.622.23$6,914
Apr 202302,82478.122.24$6,319
Mar 202302,75572.852.39$6,593
Feb 202301,91675.112.47$4,724
Jan 202301,73176.533.39$5,864
Dec 202202,25676.415.73$12,925
Nov 202202,86485.005.65$16,171
Oct 202202,52087.185.86$14,777
Sep 202203,44684.888.16$28,132
Aug 202204,94294.529.13$45,106
Jul 202205,064101.587.54$38,193
Jun 202205,001115.097.98$39,894
May 202204,638109.378.43$39,112
Apr 202204,957104.226.84$33,894
Mar 202203,832108.885.08$19,453
Feb 202201,67191.054.86$8,119
Jan 202203,42581.844.54$15,542
Dec 202103,70371.323.90$14,438
Nov 202101,42477.435.24$7,457
Oct 202103,13279.795.71$17,896
Sep 202102,62869.865.35$14,062
Aug 2021029966.024.22$1,262
Jul 2021066070.783.98$2,628
Jun 2021025369.493.38$855
May 2021034563.483.02$1,041
Apr 202101,26960.362.76$3,500
Mar 2021027561.302.72$747
Feb 2021082757.805.55$4,588
Jan 2021062950.412.81$1,768
Dec 2020025944.642.68$693
Nov 2020086938.772.71$2,352
Oct 202001,07936.972.48$2,674
Sep 2020094737.091.99$1,886
Aug 202001,01639.982.39$2,423
Jul 202001,09138.371.83$1,991
Jun 2020098234.901.69$1,660
May 202001,01416.921.81$1,840
Apr 202001,07814.751.80$1,945
Mar 202001,05930.341.86$1,966
Feb 202001,01449.881.98$2,008
Jan 202001,08957.252.09$2,281
Dec 201901,15459.012.30$2,659
Nov 2019097755.302.75$2,687
Oct 201901,16653.472.42$2,820
Sep 201901,11255.052.66$2,955
Aug 201901,21953.112.30$2,809
Jul 201901,19456.272.46$2,937
Jun 201901,19952.782.49$2,987
May 201901,21058.482.74$3,316
Apr 201901,22762.632.75$3,375
Mar 201901,27856.803.06$3,913
Feb 201901,22050.852.79$3,407
Jan 201901,42746.033.23$4,607
Dec 201801,58846.594.19$6,646
Nov 201801,45652.934.24$6,169
Oct 2018034861.443.40$1,183
Sep 2018060059.543.11$1,865
Aug 2018067359.403.07$2,064
Jul 201801,33865.142.93$3,923
Jun 201801,44660.183.08$4,449
May 201801,86165.382.90$5,398
Apr 2018078163.842.90$2,266
Mar 2018099561.222.79$2,773
Feb 2018084161.782.77$2,326
Jan 201801,33862.874.01$5,364
Dec 201701,55157.272.92$4,531
Nov 2017080055.423.12$2,495
Oct 201701,39249.292.98$4,153
Sep 2017071947.523.09$2,220
Aug 2017092045.373.00$2,764
Jul 201701,37643.873.09$4,248
Jun 201701,45842.493.09$4,501
May 201701,53845.373.26$5,019
Apr 201701,56947.933.21$5,039
Mar 201701,72646.772.98$5,150
Feb 201701,09550.452.95$3,233
Jan 201701,33049.413.42$4,547
Dec 201601,29748.763.72$4,829
Nov 201601,64842.492.64$4,358
Oct 201601,94646.193.09$6,014
Sep 201602,09041.553.10$6,480
Aug 201602,59941.442.92$7,600
Jul 2016053241.622.92$1,556
Jun 20160045.352.69$0
May 2016042942.521.99$854
Apr 2016040236.561.99$800
Mar 2016042333.011.79$759
Feb 2016036326.472.06$749
Jan 2016029527.352.36$697
Dec 2015025732.362.00$514
Nov 2015049738.792.17$1,077
Oct 2015074743.552.43$1,813
Sep 201501,96642.992.76$5,423
Aug 201502,41140.162.87$6,926
Jul 201503,34148.152.95$9,840
Jun 201503,37456.152.88$9,727
May 201502,30155.212.96$6,800
Apr 201501,14349.822.71$3,094
Mar 201501,30942.892.93$3,842
Feb 201501,04144.662.98$3,098
Jan 2015048543.433.10$1,504
Dec 201401,46354.693.59$5,254
Nov 201401,71370.464.25$7,283
Oct 201401,55378.303.90$6,058
Sep 201401,78286.164.05$7,209
Aug 201401,20089.394.04$4,842
Jul 201401,79496.564.18$7,498
Jun 201401,88098.164.74$8,905
May 201402,40594.734.73$11,367
Apr 2014024995.944.81$1,197
Mar 201401,90095.895.06$9,608
Feb 201401,67797.406.19$10,384
Jan 201401,95090.404.86$9,478
Dec 201301,92291.824.35$8,369
Nov 201301,92188.853.74$7,181
Oct 201301,94697.423.78$7,355
Sep 201301,108104.113.72$4,119
Aug 201302,051104.253.52$7,225
Jul 201301,391102.523.72$5,171
Jun 201302,07194.403.93$8,146
May 201301,84594.834.15$7,655
Apr 201301,75393.964.28$7,507
Mar 201301,64093.623.91$6,417
Feb 201301,81091.233.42$6,190
Jan 201302,01791.603.42$6,898
Dec 201201,75886.773.42$6,013
Nov 201201,97886.953.62$7,170
Oct 201202,43689.383.40$8,282
Sep 201202,15994.672.92$6,301
Aug 201202,05392.662.91$5,970
Jul 201204,11785.133.02$12,437
Jun 201203,83679.822.52$9,663
May 201202,91891.612.49$7,261
Apr 201202,332101.652.00$4,657
Mar 201202,324105.052.22$5,164
Feb 201202,130101.102.57$5,475
Jan 201202,15398.092.73$5,886
Dec 201102,86896.873.24$9,292
Nov 201101,55295.723.31$5,139
Oct 201102,64584.983.65$9,650
Sep 201102,73483.623.99$10,897
Aug 201103,62183.404.15$15,025
Jul 2011080394.144.52$3,627
Jun 201102,91492.904.64$13,521
May 201103,54998.134.40$15,633
Apr 201104,084105.964.33$17,697
Mar 201104,14696.364.06$16,822
Feb 201103,68485.644.18$15,399
Jan 201104,55586.504.59$20,902
Dec 201004,19585.734.35$18,239
Nov 201003,74380.843.80$14,206
Oct 201006,41478.103.51$22,506
Sep 201009,43372.633.98$37,538
Aug 2010011,08573.684.42$48,989
Jul 201004,37872.554.74$20,736
Jun 201006,85970.364.91$33,680
May 201005,76171.124.24$24,399
Apr 201009,00081.694.12$37,104
Mar 2010010,57378.394.39$46,401
Feb 201004,43273.585.44$24,121
Jan 201018,17074.365.96$48,801
Dec 200904,83271.445.48$26,497
Nov 200908,70274.593.75$32,646
Oct 200909,80672.544.11$40,305
Sep 200909,51865.543.06$29,170
Aug 200909,61367.423.22$30,939
Jul 2009017,00061.133.46$58,897
Jun 200905,10666.163.90$19,888
May 200902,69754.743.93$10,588
Apr 200914,56846.773.59$16,434
Mar 200904,35042.144.06$17,657
Feb 200906,50032.814.63$30,115
Jan 2009113,51635.865.37$72,630
Dec 2008015,89637.105.98$95,013
Nov 2008016,15955.496.86$110,857
Oct 2008019,39775.246.92$134,266
Sep 2008026,824101.767.88$211,295
Aug 2008012,450114.228.48$105,614
Jul 200804,769131.0811.39$54,316
Jun 200804,181131.3313.03$54,489
May 200803,574123.1711.57$41,367
Apr 200816,312110.3110.45$66,101
Mar 200805,261101.909.66$50,843
Feb 2008111,00692.538.77$96,622
Jan 2008115,56990.388.21$127,845
Dec 2007016,51488.337.30$120,585
Nov 2007125,84291.677.29$188,524
Oct 2007026,10382.856.92$180,684
Sep 2007037,22975.846.24$232,464
Aug 2007010,89069.066.39$69,565
Jul 2007010,11970.906.39$64,640
Jun 2007018,35462.007.55$138,544
May 2007030,29658.747.85$237,711
Apr 2007015,88959.617.81$124,017
Mar 2007030,75356.927.30$224,557
Feb 2007331,15655.108.22$256,143
Jan 2007025,01750.306.73$168,286
Dec 2006036,38556.656.92$251,727
Nov 2006245,06754.207.62$343,405
Oct 2006051,65854.906.01$310,661
Sep 2006214,01560.085.04$70,717
Aug 2006117,24968.717.34$126,675
Jul 2006339,89169.376.34$253,227
Jun 2006342,66166.286.38$272,542
May 2006257,36766.016.42$368,715
Apr 2006160,06764.397.36$442,186
Mar 2006478,59356.707.08$556,895
Feb 200620111,39357.597.75$864,572
Jan 20061317,25060.598.93$154,887
Dec 20053101,89854.9413.42$1,367,167

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                2,207 Mcf  × $  3.05 =     $6,722

────────────────────────────────────────────────────
Month total                                   $6,722

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/217713 is the state's own key, not one this site invented.