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 220088District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
May 2006 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
241
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 Gas112008-02-06169304
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
CondensateDisposition29 bbl$2,127
GasProduction1,098,662 Mcf$6,090,573
Total$6,092,700

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 31.4068, -96.2389. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40680, -96.23888 · 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
14,960 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 14,960 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-289315462614,960 ftMay 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 (241)

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

241 months

May 20260123106.413.05$375
Apr 202606998.932.87$198
Mar 2026023589.753.15$740
Feb 2026014263.503.75$533
Jan 2026015159.138.00$1,208
Dec 202508556.664.41$375
Nov 2025014758.593.93$577
Oct 2025012159.383.30$400
Sep 2025013962.743.08$428
Aug 2025021863.933.01$657
Jul 2025018666.743.32$617
Jun 2025015966.483.13$497
May 2025017560.553.23$566
Apr 2025015962.363.54$563
Mar 202505867.704.27$248
Feb 202509870.884.34$425
Jan 202509374.324.28$398
Dec 2024011568.993.12$359
Nov 2024012869.052.20$281
Oct 2024014271.372.28$324
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024026084.451.66$431
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202302785.443.09$83
Sep 2023016289.042.74$443
Aug 2023024880.522.67$663
Jul 2023022474.852.64$592
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023014372.852.39$342
Feb 202301,23175.112.47$3,035
Jan 202305,52276.533.39$18,707
Dec 202205,22976.415.73$29,957
Nov 202204,67485.005.65$26,390
Oct 202204,56087.185.86$26,739
Sep 202204,21284.888.16$34,385
Aug 202203,75894.529.13$34,300
Jul 202202,970101.587.54$22,400
Jun 202202,695115.097.98$21,499
May 202202,668109.378.43$22,499
Apr 202202,588104.226.84$17,696
Mar 202201,290108.885.08$6,549
Feb 20220091.054.86$0
Jan 2022038581.844.54$1,747
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202108879.795.71$503
Sep 2021012169.865.35$647
Aug 2021015466.024.22$650
Jul 2021012170.783.98$482
Jun 202101,37769.493.38$4,655
May 2021044463.483.02$1,340
Apr 2021076060.362.76$2,096
Mar 202101,71861.302.72$4,668
Feb 202101,93357.805.55$10,724
Jan 202101,21750.412.81$3,420
Dec 202001,50844.642.68$4,035
Nov 20200038.772.71$0
Oct 202001636.972.48$40
Sep 202001237.091.99$24
Aug 202001,03339.982.39$2,464
Jul 202001,56238.371.83$2,851
Jun 202001,28634.901.69$2,174
May 202001,35416.921.81$2,457
Apr 202001,71314.751.80$3,091
Mar 202003,64130.341.86$6,759
Feb 202008449.881.98$166
Jan 2020056457.252.09$1,181
Dec 2019017359.012.30$399
Nov 2019023955.302.75$657
Oct 2019044453.472.42$1,074
Sep 2019069655.052.66$1,849
Aug 2019061553.112.30$1,417
Jul 201902,01956.272.46$4,967
Jun 201902,50552.782.49$6,240
May 201901,07058.482.74$2,932
Apr 2019091962.632.75$2,528
Mar 201901,75156.803.06$5,362
Feb 201902,85950.852.79$7,983
Jan 2019080946.033.23$2,612
Dec 2018090746.594.19$3,796
Nov 201801,97952.934.24$8,386
Oct 2018070261.443.40$2,385
Sep 2018059259.543.11$1,840
Aug 201801,46459.403.07$4,489
Jul 201801,30265.142.93$3,817
Jun 201801,09960.183.08$3,382
May 2018085965.382.90$2,492
Apr 2018065863.842.90$1,909
Mar 2018032861.222.79$914
Feb 2018039661.782.77$1,095
Jan 2018098462.874.01$3,945
Dec 201701,40757.272.92$4,111
Nov 2017070555.423.12$2,198
Oct 2017061549.292.98$1,835
Sep 2017041047.523.09$1,266
Aug 2017058845.373.00$1,767
Jul 2017088543.873.09$2,732
Jun 201701,59142.493.09$4,912
May 201701,86945.373.26$6,099
Apr 201701,38947.933.21$4,461
Mar 201701,90746.772.98$5,690
Feb 201701,03950.452.95$3,068
Jan 201701,50549.413.42$5,145
Dec 201601,27648.763.72$4,750
Nov 201602,35642.492.64$6,230
Oct 2016096546.193.09$2,982
Sep 201601,59241.553.10$4,936
Aug 201602,35141.442.92$6,875
Jul 201602,80441.622.92$8,200
Jun 201601,92145.352.69$5,159
May 201602,32542.521.99$4,629
Apr 201602,44336.561.99$4,864
Mar 201602,78533.011.79$4,996
Feb 201603,17226.472.06$6,546
Jan 201601,03827.352.36$2,454
Dec 201502,00632.362.00$4,015
Nov 201502,52838.792.17$5,479
Oct 201502,94143.552.43$7,137
Sep 2015093042.992.76$2,565
Aug 201501,91840.162.87$5,509
Jul 201502,44948.152.95$7,213
Jun 201501,28956.152.88$3,716
May 201501,84255.212.96$5,444
Apr 201502,24049.822.71$6,063
Mar 201502,42842.892.93$7,125
Feb 201503,43444.662.98$10,220
Jan 201501,10843.433.10$3,436
Dec 201402,65354.693.59$9,528
Nov 201402,30070.464.25$9,779
Oct 201402,53178.303.90$9,873
Sep 201403,22686.164.05$13,051
Aug 201402,74089.394.04$11,056
Jul 201403,06696.564.18$12,815
Jun 201403,01898.164.74$14,296
May 201402,86894.734.73$13,556
Apr 201403,51795.944.81$16,914
Mar 201404,38195.895.06$22,154
Feb 201402,21097.406.19$13,684
Jan 201402,71690.404.86$13,202
Dec 201303,91491.824.35$17,043
Nov 201344,03488.853.74$15,436
Oct 201304,97297.423.78$18,791
Sep 201304,494104.113.72$16,708
Aug 201305,086104.253.52$17,916
Jul 201304,637102.523.72$17,239
Jun 201304,79194.403.93$18,845
May 201302,61794.834.15$10,858
Apr 201301,84793.964.28$7,910
Mar 201301,51693.623.91$5,932
Feb 201302,16591.233.42$7,404
Jan 201301,07791.603.42$3,683
Dec 2012039186.773.42$1,337
Nov 2012076186.953.62$2,759
Oct 2012097889.383.40$3,325
Sep 2012084594.672.92$2,466
Aug 201207692.662.91$221
Jul 201201,29585.133.02$3,912
Jun 201202,29979.822.52$5,791
May 201206,21591.612.49$15,465
Apr 201203,450101.652.00$6,889
Mar 201204,742105.052.22$10,537
Feb 201205,044101.102.57$12,964
Jan 201204,89598.092.73$13,383
Dec 201106,81596.873.24$22,079
Nov 201107,36095.723.31$24,371
Oct 201104,89984.983.65$17,874
Sep 201106,75383.623.99$26,916
Aug 201101,96383.404.15$8,145
Jul 201103,93994.144.52$17,793
Jun 201104,48092.904.64$20,787
May 2011059398.134.40$2,612
Apr 20110186105.964.33$806
Mar 201102,60096.364.06$10,549
Feb 201101,82285.644.18$7,616
Jan 201103,32386.504.59$15,249
Dec 201007,67585.734.35$33,369
Nov 201008,97880.843.80$34,074
Oct 201004,02978.103.51$14,137
Sep 2010010,95472.633.98$43,591
Aug 201008,21373.684.42$36,296
Jul 201001,62872.554.74$7,711
Jun 201004,12270.364.91$20,241
May 201007,93471.124.24$33,602
Apr 201008,63681.694.12$35,604
Mar 2010010,05478.394.39$44,124
Feb 201007,93473.585.44$43,180
Jan 2010010,04574.365.96$59,909
Dec 2009010,11371.445.48$55,457
Nov 200909,00174.593.75$33,767
Oct 2009011,80472.544.11$48,517
Sep 200909,24365.543.06$28,327
Aug 2009011,86567.423.22$38,188
Jul 2009010,54061.133.46$36,516
Jun 2009012,50266.163.90$48,695
May 200909,91754.743.93$38,932
Apr 2009112,60746.773.59$45,274
Mar 2009313,59042.144.06$55,288
Feb 2009013,10532.814.63$60,715
Jan 2009115,61535.865.37$83,904
Dec 2008015,67137.105.98$93,668
Nov 2008018,36755.496.86$126,004
Oct 2008021,37275.246.92$147,937
Sep 2008024,118101.767.88$189,980
Aug 2008032,677114.228.48$277,200
Jul 20085288131.0811.39$3,936
Jun 20080853131.3313.03$11,117
May 200802,796123.1711.57$32,362
Apr 200803,371110.3110.45$35,243
Mar 200804,613101.909.66$44,580
Feb 200805,61792.538.77$49,264
Jan 200808,20690.388.21$67,336
Dec 200708,49288.337.30$62,008
Nov 200709,39591.677.29$68,506
Oct 200708,46482.856.92$58,588
Sep 200709,04975.846.24$56,503
Aug 2007011,41769.066.39$72,931
Jul 2007010,91370.906.39$69,712
Jun 2007010,56662.007.55$79,757
May 2007065,87558.747.85$516,874
Apr 200709,65659.617.81$75,367
Mar 200709,97756.927.30$72,852
Feb 2007011,28555.108.22$92,718
Jan 2007012,10050.306.73$81,395
Dec 2006113,30556.656.92$92,106
Nov 2006312,35754.207.62$94,292
Oct 2006242,72854.906.01$257,067
Sep 2006471,41860.085.04$359,987
Aug 2006397,75568.717.34$717,720
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200628,04266.016.42$51,802

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                  123 Mcf  × $  3.05 =       $375

────────────────────────────────────────────────────
Month total                                     $375

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/220088 is the state's own key, not one this site invented.