KING, GAIL

Name: KING, GAIL lease production and value, Mar 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 218116District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$12.8 M

Mar 2006 – May 2026

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

243

no gaps in the span

Streams

condensate, gas

The BEAR GRASS (COTTON VALLEY CONS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2008-02-06	168619
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	62 bbl	$4,040
Gas	Production	2,346,647 Mcf	$12,763,576
Total			$12,767,616

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 31.3956, -96.2605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39563, -96.26047 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,846 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 14,846 ft.

Completions filed

Mar 2006

1 of 1 wells

1 well


42-28931484	18	14,846 ft	Mar 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 (243)

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

243 months


May 2026	0	30	106.41	3.05	$91
Apr 2026	0	55	98.93	2.87	$158
Mar 2026	0	53	89.75	3.15	$167
Feb 2026	0	94	63.50	3.75	$353
Jan 2026	0	19	59.13	8.00	$152
Dec 2025	0	22	56.66	4.41	$97
Nov 2025	0	28	58.59	3.93	$110
Oct 2025	0	22	59.38	3.30	$73
Sep 2025	0	33	62.74	3.08	$102
Aug 2025	0	50	63.93	3.01	$151
Jul 2025	0	49	66.74	3.32	$162
Jun 2025	0	26	66.48	3.13	$81
May 2025	0	77	60.55	3.23	$249
Apr 2025	0	21	62.36	3.54	$74
Mar 2025	0	59	67.70	4.27	$252
Feb 2025	0	218	70.88	4.34	$946
Jan 2025	0	269	74.32	4.28	$1,151
Dec 2024	0	290	68.99	3.12	$905
Nov 2024	0	482	69.05	2.20	$1,060
Oct 2024	0	522	71.37	2.28	$1,191
Sep 2024	0	510	69.61	2.36	$1,206
Aug 2024	0	534	75.63	2.06	$1,102
Jul 2024	0	638	79.93	2.15	$1,370
Jun 2024	0	1,061	78.08	2.63	$2,795
May 2024	0	679	78.81	2.20	$1,493
Apr 2024	0	772	84.45	1.66	$1,281
Mar 2024	0	843	80.30	1.55	$1,303
Feb 2024	0	813	76.09	1.78	$1,450
Jan 2024	0	835	73.02	3.30	$2,754
Dec 2023	0	886	71.26	2.61	$2,313
Nov 2023	0	889	77.89	2.81	$2,496
Oct 2023	0	1,139	85.44	3.09	$3,516
Sep 2023	0	309	89.04	2.74	$845
Aug 2023	0	2	80.52	2.67	$5
Jul 2023	0	513	74.85	2.64	$1,355
Jun 2023	0	712	68.96	2.26	$1,608
May 2023	0	624	70.62	2.23	$1,390
Apr 2023	0	923	78.12	2.24	$2,065
Mar 2023	0	1,061	72.85	2.39	$2,539
Feb 2023	0	947	75.11	2.47	$2,335
Jan 2023	0	1,086	76.53	3.39	$3,679
Dec 2022	0	1,026	76.41	5.73	$5,878
Nov 2022	0	1,042	85.00	5.65	$5,883
Oct 2022	0	1,110	87.18	5.86	$6,509
Sep 2022	0	1,088	84.88	8.16	$8,882
Aug 2022	0	1,345	94.52	9.13	$12,276
Jul 2022	0	1,322	101.58	7.54	$9,971
Jun 2022	0	1,311	115.09	7.98	$10,458
May 2022	0	1,241	109.37	8.43	$10,465
Apr 2022	0	1,361	104.22	6.84	$9,306
Mar 2022	0	1,333	108.88	5.08	$6,767
Feb 2022	0	1,180	91.05	4.86	$5,733
Jan 2022	0	1,327	81.84	4.54	$6,022
Dec 2021	0	1,362	71.32	3.90	$5,311
Nov 2021	0	1,280	77.43	5.24	$6,703
Oct 2021	0	1,444	79.79	5.71	$8,251
Sep 2021	0	1,363	69.86	5.35	$7,293
Aug 2021	0	125	66.02	4.22	$528
Jul 2021	0	1,040	70.78	3.98	$4,141
Jun 2021	0	1,206	69.49	3.38	$4,077
May 2021	0	1,293	63.48	3.02	$3,902
Apr 2021	0	1,341	60.36	2.76	$3,699
Mar 2021	0	1,661	61.30	2.72	$4,513
Feb 2021	0	578	57.80	5.55	$3,207
Jan 2021	0	694	50.41	2.81	$1,950
Dec 2020	0	1,319	44.64	2.68	$3,529
Nov 2020	0	1,279	38.77	2.71	$3,462
Oct 2020	0	1,398	36.97	2.48	$3,465
Sep 2020	0	1,200	37.09	1.99	$2,389
Aug 2020	0	1,291	39.98	2.39	$3,079
Jul 2020	0	1,347	38.37	1.83	$2,458
Jun 2020	0	1,323	34.90	1.69	$2,236
May 2020	0	1,409	16.92	1.81	$2,557
Apr 2020	0	1,326	14.75	1.80	$2,393
Mar 2020	0	1,462	30.34	1.86	$2,714
Feb 2020	0	1,506	49.88	1.98	$2,983
Jan 2020	0	1,688	57.25	2.09	$3,536
Dec 2019	0	1,762	59.01	2.30	$4,060
Nov 2019	0	1,747	55.30	2.75	$4,805
Oct 2019	0	1,741	53.47	2.42	$4,211
Sep 2019	0	1,436	55.05	2.66	$3,816
Aug 2019	0	2,552	53.11	2.30	$5,881
Jul 2019	0	3,377	56.27	2.46	$8,308
Jun 2019	0	5,534	52.78	2.49	$13,786
May 2019	0	6,161	58.48	2.74	$16,883
Apr 2019	0	6,344	62.63	2.75	$17,450
Mar 2019	0	6,927	56.80	3.06	$21,211
Feb 2019	0	6,603	50.85	2.79	$18,437
Jan 2019	0	7,912	46.03	3.23	$25,541
Dec 2018	0	7,730	46.59	4.19	$32,353
Nov 2018	0	8,064	52.93	4.24	$34,169
Oct 2018	0	8,642	61.44	3.40	$29,366
Sep 2018	0	5,650	59.54	3.11	$17,560
Aug 2018	0	164	59.40	3.07	$503
Jul 2018	0	55	65.14	2.93	$161
Jun 2018	0	1,422	60.18	3.08	$4,375
May 2018	0	2,788	65.38	2.90	$8,087
Apr 2018	0	1,883	63.84	2.90	$5,462
Mar 2018	0	261	61.22	2.79	$727
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	515	62.87	4.01	$2,065
Dec 2017	0	1,586	57.27	2.92	$4,634
Nov 2017	0	1,321	55.42	3.12	$4,119
Oct 2017	0	539	49.29	2.98	$1,608
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	4,015	45.37	3.00	$12,063
Jul 2017	0	5,531	43.87	3.09	$17,076
Jun 2017	0	5,174	42.49	3.09	$15,974
May 2017	0	5,601	45.37	3.26	$18,278
Apr 2017	0	5,358	47.93	3.21	$17,208
Mar 2017	0	5,698	46.77	2.98	$17,001
Feb 2017	0	5,233	50.45	2.95	$15,451
Jan 2017	0	6,002	49.41	3.42	$20,520
Dec 2016	0	6,354	48.76	3.72	$23,655
Nov 2016	0	6,096	42.49	2.64	$16,120
Oct 2016	0	6,742	46.19	3.09	$20,835
Sep 2016	0	6,899	41.55	3.10	$21,391
Aug 2016	0	7,762	41.44	2.92	$22,699
Jul 2016	0	9,369	41.62	2.92	$27,398
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	431	36.56	1.99	$858
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	4,711	26.47	2.06	$9,722
Jan 2016	0	6,463	27.35	2.36	$15,281
Dec 2015	0	6,817	32.36	2.00	$13,644
Nov 2015	0	6,328	38.79	2.17	$13,715
Oct 2015	0	6,909	43.55	2.43	$16,765
Sep 2015	0	6,531	42.99	2.76	$18,015
Aug 2015	0	6,857	40.16	2.87	$19,697
Jul 2015	0	7,696	48.15	2.95	$22,665
Jun 2015	0	7,139	56.15	2.88	$20,581
May 2015	0	7,385	55.21	2.96	$21,826
Apr 2015	0	7,649	49.82	2.71	$20,703
Mar 2015	0	8,550	42.89	2.93	$25,092
Feb 2015	0	6,282	44.66	2.98	$18,696
Jan 2015	0	8,547	43.43	3.10	$26,501
Dec 2014	0	8,265	54.69	3.59	$29,683
Nov 2014	0	10,064	70.46	4.25	$42,791
Oct 2014	0	13,178	78.30	3.90	$51,407
Sep 2014	0	8,877	86.16	4.05	$35,911
Aug 2014	0	2,479	89.39	4.04	$10,003
Jul 2014	0	2,385	96.56	4.18	$9,968
Jun 2014	0	3,324	98.16	4.74	$15,745
May 2014	0	1,869	94.73	4.73	$8,834
Apr 2014	0	9,013	95.94	4.81	$43,345
Mar 2014	0	7,253	95.89	5.06	$36,677
Feb 2014	0	6,535	97.40	6.19	$40,465
Jan 2014	0	11,077	90.40	4.86	$53,842
Dec 2013	0	3,619	91.82	4.35	$15,759
Nov 2013	0	9,541	88.85	3.74	$35,667
Oct 2013	0	9,905	97.42	3.78	$37,435
Sep 2013	0	8,887	104.11	3.72	$33,040
Aug 2013	0	11,128	104.25	3.52	$39,200
Jul 2013	0	9,861	102.52	3.72	$36,661
Jun 2013	0	11,012	94.40	3.93	$43,315
May 2013	0	13,869	94.83	4.15	$57,544
Apr 2013	0	7,617	93.96	4.28	$32,620
Mar 2013	0	12,714	93.62	3.91	$49,748
Feb 2013	0	12,690	91.23	3.42	$43,399
Jan 2013	0	16,087	91.60	3.42	$55,016
Dec 2012	0	5,390	86.77	3.42	$18,435
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	3	89.38	3.40	$10
Sep 2012	0	2	94.67	2.92	$6
Aug 2012	0	8,840	92.66	2.91	$25,708
Jul 2012	0	11,715	85.13	3.02	$35,389
Jun 2012	0	13,013	79.82	2.52	$32,780
May 2012	0	15,830	91.61	2.49	$39,390
Apr 2012	0	17,175	101.65	2.00	$34,295
Mar 2012	0	19,563	105.05	2.22	$43,471
Feb 2012	0	279	101.10	2.57	$717
Jan 2012	0	1,900	98.09	2.73	$5,195
Dec 2011	0	9,826	96.87	3.24	$31,834
Nov 2011	0	10,691	95.72	3.31	$35,401
Oct 2011	0	8,262	84.98	3.65	$30,144
Sep 2011	0	9,899	83.62	3.99	$39,455
Aug 2011	0	18,647	83.40	4.15	$77,372
Jul 2011	0	5,951	94.14	4.52	$26,882
Jun 2011	0	7,154	92.90	4.64	$33,194
May 2011	0	14,478	98.13	4.40	$63,773
Apr 2011	0	15,182	105.96	4.33	$65,788
Mar 2011	0	13,503	96.36	4.06	$54,786
Feb 2011	0	16,602	85.64	4.18	$69,396
Jan 2011	0	29,310	86.50	4.59	$134,497
Dec 2010	0	6,563	85.73	4.35	$28,534
Nov 2010	0	1,509	80.84	3.80	$5,727
Oct 2010	0	3,516	78.10	3.51	$12,337
Sep 2010	0	3,572	72.63	3.98	$14,215
Aug 2010	0	3,792	73.68	4.42	$16,758
Jul 2010	0	3,786	72.55	4.74	$17,932
Jun 2010	0	4,424	70.36	4.91	$21,724
May 2010	0	12,389	71.12	4.24	$52,470
Apr 2010	0	11,946	81.69	4.12	$49,250
Mar 2010	0	14,455	78.39	4.39	$63,438
Feb 2010	0	14,074	73.58	5.44	$76,596
Jan 2010	0	10,843	74.36	5.96	$64,669
Dec 2009	0	13,799	71.44	5.48	$75,670
Nov 2009	0	17,068	74.59	3.75	$64,031
Oct 2009	0	15,533	72.54	4.11	$63,845
Sep 2009	0	17,477	65.54	3.06	$53,563
Aug 2009	0	17,556	67.42	3.22	$56,504
Jul 2009	0	20,413	61.13	3.46	$70,721
Jun 2009	0	21,788	66.16	3.90	$84,864
May 2009	0	24,465	54.74	3.93	$96,043
Apr 2009	1	12,968	46.77	3.59	$46,569
Mar 2009	0	19,441	42.14	4.06	$78,911
Feb 2009	0	20,246	32.81	4.63	$93,800
Jan 2009	1	22,578	35.86	5.37	$121,302
Dec 2008	0	30,396	37.10	5.98	$181,681
Nov 2008	0	32,197	55.49	6.86	$220,883
Oct 2008	0	45,753	75.24	6.92	$316,701
Sep 2008	0	45,618	101.76	7.88	$359,337
Aug 2008	0	6,492	114.22	8.48	$55,072
Jul 2008	0	4,328	131.08	11.39	$49,293
Jun 2008	0	6,432	131.33	13.03	$83,826
May 2008	2	6,949	123.17	11.57	$80,676
Apr 2008	0	9,295	110.31	10.45	$97,178
Mar 2008	0	4,683	101.90	9.66	$45,257
Feb 2008	1	6,292	92.53	8.77	$55,277
Jan 2008	1	7,525	90.38	8.21	$61,839
Dec 2007	0	7,626	88.33	7.30	$55,685
Nov 2007	0	8,419	91.67	7.29	$61,389
Oct 2007	1	7,383	82.85	6.92	$51,188
Sep 2007	0	16,789	75.84	6.24	$104,833
Aug 2007	0	23,543	69.06	6.39	$150,391
Jul 2007	0	30,703	70.90	6.39	$196,129
Jun 2007	0	30,858	62.00	7.55	$232,930
May 2007	0	34,615	58.74	7.85	$271,599
Apr 2007	0	34,926	59.61	7.81	$272,604
Mar 2007	1	43,389	56.92	7.30	$316,882
Feb 2007	1	32,819	55.10	8.22	$269,696
Jan 2007	0	40,469	50.30	6.73	$272,229
Dec 2006	1	40,362	56.65	6.92	$279,299
Nov 2006	3	43,366	54.20	7.62	$330,502
Oct 2006	2	48,585	54.90	6.01	$292,290
Sep 2006	5	53,139	60.08	5.04	$267,972
Aug 2006	2	63,634	68.71	7.34	$467,206
Jul 2006	5	68,153	69.37	6.34	$432,625
Jun 2006	7	83,856	66.28	6.38	$535,791
May 2006	4	123,955	66.01	6.42	$796,675
Apr 2006	17	172,787	64.39	7.36	$1,272,890
Mar 2006	7	12,985	56.70	7.08	$92,369

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                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/218116 is the state's own key, not one this site invented.